Archive: 12 August 1997
58 articles found
Tue, 12 Aug 1997
New design for three-tier transit system delivered
New design for three-tier transit system delivered JAKARTA (JP): The modified design of the Rp 6.05 trillion (US$2.3 billion) three-tier transit system linking the downtown Kota district and South Jakarta suburb of Bintaro was delivered to the municipality yesterday.
Tue, 12 Aug 1997
Drought spreads, badly affects Yogyakarta, Aceh
Drought spreads, badly affects Yogyakarta, Aceh JAKARTA (JP): Many rice-producing areas in Java and Sumatra have begun to feel the pinch of this year's drought which could threaten national rice production.
Tue, 12 Aug 1997
Court rejects claim against Freeport
Court rejects claim against Freeport NEW YORK (Reuter): U.S. District Court in New Orleans rejected a second ammended complaint filed by an attorney representing the Amungme tribe in Indonesia against Freeport McMoRan Copper & Gold Inc charging human rights abuses, the company said in a statement...
Tue, 12 Aug 1997
16 banks to lend $690 million for Timor car project
16 banks to lend $690 million for Timor car project JAKARTA (JP): A consortium of four state banks and 12 private banks decided yesterday to disburse US$650 million in 10-year loans to PT Timor Putra Nasional to carry out the national car project.
Tue, 12 Aug 1997
Nationalism faces different challenges
Nationalism faces different challenges JAKARTA (JP): Nationalism never changes in its shape but will always need a different spirit due to various challenges the nation faces, a minister and a political scientist said yesterday.
Tue, 12 Aug 1997
Singapore trade with ASEAN to exceed $71b
Singapore trade with ASEAN to exceed $71b SINGAPORE (AFP): Singapore's annual trade with its ASEAN partners should cross S$100 billion (US$71.42 billion) by 2000 amid rising economic cooperation in the region, the Trade Development Board (TDB) said yesterday.
Tue, 12 Aug 1997
Antam discusses listing
Antam discusses listing JAKARTA (JP): PT Aneka Tambang's (Antam) finance director, K.A. Umar Tochfa, said yesterday the state-owned general mining company had not yet decided where to list its shares when it makes its capital market debut later this year.
Tue, 12 Aug 1997
Int'l donors pledge $16b for Thailand
Int'l donors pledge $16b for Thailand TOKYO (Reuter): The international community came to the rescue of financially strapped Thailand yesterday, pledging a total of US$16 billion in loans from the International Monetary Fund (IMF) and Asian nations led by Japan.
Tue, 12 Aug 1997
Rupiah weakens further, stock prices tumble
Rupiah weakens further, stock prices tumble JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) tumbled by 2.6 percent yesterday as the rupiah continued losing ground.Securities analysts said the JSX Composite Index lost 17.26 points or 2.6 percent to close at 658.17, with 256.
Tue, 12 Aug 1997
TPI to air Grundy's quizzes
TPI to air Grundy's quizzes JAKARTA (JP): Privately owned television station, TPI, has signed an agreement with a local television program producer, Dunia Visitama Produksi, an affiliate of Australia's Grundy Worldwide Limited, to produce two quiz shows.
Tue, 12 Aug 1997
Protected species
Protected species I was pleased to see your focus in the Aug. 3 edition on endangered species, and the challenges facing those committed to protecting these animals. It is a shame that the commitment is not one shared by some of the larger private companies in the country.
Tue, 12 Aug 1997
Asia-Pacific stocks slump in line with Wall Street
Asia-Pacific stocks slump in line with Wall Street TOKYO (AFP): Share markets across the Asia-Pacific region plunged Monday with some haunted by a sharp drop on Wall Street and others by the specter of currency volatility,Japanese share prices nosedived 4.
Tue, 12 Aug 1997
HK firm postpones property project
HK firm postpones property project HANOI (DPA): A one billion dollar foreign real estate development investment approved by Vietnamese authorities at the very end of last year has now been indefinitely postponed, according to an official report yesterday.Hong Kong's City Horse Trading ltd.
Tue, 12 Aug 1997
19 Sri Lankans to be deported
19 Sri Lankans to be deported JAKARTA (JP): The government is to deport 19 Sri Lankans who were arrested in Kupang, East Nusa Tenggara and are currently being held at the immigration department's quarantine detention center on Jl. Kalideres, West Jakarta, for violating immigration regulations.
Tue, 12 Aug 1997
City committed to plan to restore green areas
City committed to plan to restore green areas JAKARTA (JP): The Jakarta administration says it is serious in its drive to restore the city's green areas, many of which have been lost to gas stations, government offices and electricity substations.
Tue, 12 Aug 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Mooncat 3:10 Teenagers' Program: Ramaja Indonesia 3:35 Education Program: Kuliah Universitas Terbuka 4:00 Regional News 4:30 Teenagers' Drama: Retak 5:00 English Lessons 5:25 Variety Show: Music City Today 5:30...
Tue, 12 Aug 1997
PTT to sell $2.5b stake
PTT to sell $2.5b stake BANGKOK (AFP): The state Petroleum Authority of Thailand (PTT) said yesterday it planned to raise up to 75 billion baht (US$2.5 billion) through the sale of shares to the public and strategic investors.
Tue, 12 Aug 1997
Diarrhea affects thousands
Diarrhea affects thousands SAMARINDA, East Kalimantan: Around 2,800 residents of Samarinda have been affected by a diarrhea outbreak that hit the East Kalimantan capital over the past month, Antara reported yesterday.Quoting the head of the provincial health office, Dr. H.M.
Tue, 12 Aug 1997
Investments in RP up 246%
Investments in RP up 246% MANILA (AFP): Approved investments in the Philippines soared 246. 3 percent year-on-year to 291.89 billion pesos (US$10.065 billion) in the seven months to July, the Board of Investments said yesterday.
Tue, 12 Aug 1997
Rubber trade worried about Thai stocks
Rubber trade worried about Thai stocks SINGAPORE (Reuter): Southeast Asian rubber prices are likely to drift lower this week due to soft demand while the trade keeps a wary eye on Thailand after reports emerged last week that Bangkok may sell off stocks, dealers said yesterday.
Tue, 12 Aug 1997
Rebels raid police outpost
Rebels raid police outpost MANILA (AFP): Suspected communist guerrillas raided a police outpost in a suburb east of the Philippine capital, Manila, killing a policeman and abducting a militiaman, national police and press reports said here yesterday.
Tue, 12 Aug 1997
Asia-Pacific buys more than 4m PCs in first half of 1997
Asia-Pacific buys more than 4m PCs in first half of 1997 HONG KONG (AFP): More than four million personal computers (PCs) were sold in the Asia-Pacific, excluding Japan, in the first half of 1997, research firm Dataquest Asia Pacific reported Monday, marking a 15 percent increase from the same...
Tue, 12 Aug 1997
Ridean books profit
Ridean books profit JAKARTA (JP): Tunas Ridean recorded a 61 percent increase in net profit to Rp 16.1 billion (US$6.3 million) in the first semester this year from Rp 10 billion in the corresponding period last year.
Tue, 12 Aug 1997
Foreign retail chains eye Ujungpandang
Foreign retail chains eye Ujungpandang JAKARTA (JP): Several foreign and local retail chains plan to open their outlets in Panakukkang Mall, Ujungpandang, South Sulawesi, a report said yesterday.According to First Pacific Davies Indonesia (FPDI), retailers such as Wendy's Hamburger, Ku K Ru, Hartz...
Tue, 12 Aug 1997
'Dzikir' recitation gains popularity
'Dzikir' recitation gains popularityBy Abu Ibrahim, Tedy Novan and Sumanto YOGYAKARTA (JP); Ten Moslems, men and women, sat cross-legged on the floor, bodies straight, hands on knees. They looked in the direction of Mecca, Saudi Arabia.
Tue, 12 Aug 1997
Pesantren attracts Moslem women in 'jilbab'
Pesantren attracts Moslem women in 'jilbab'By Tedy Novan YOGYAKARTA (JP): Yogyakarta is not a santri or strict Moslem- town like Pekalongan in Central Java or Ponorogo in East Java but the city sees more and more Moslem women wearing jilbab (headwear) and cadar (veils).
Tue, 12 Aug 1997
ASEAN delays decision on Cambodian issue
ASEAN delays decision on Cambodian issue SINGAPORE (Agencies): ASEAN delayed a decision on when to let Cambodia join the organization yesterday but said the country's admission, deferred by recent political turmoil, was just a formality."Cambodia is part of Southeast Asia.
Tue, 12 Aug 1997
Danamon's response
Danamon's response I am happy to write that my complaint regarding Bank Danamon's customer service (July 25) have received quick and positive response from the bank officers.Mr. Budi Satria Atmadi and Mr.
Tue, 12 Aug 1997
Soerjadi trusted to solve rift within PDI
Soerjadi trusted to solve rift within PDI JAKARTA (JP): The government disavowed yesterday responsibility over the fracture in the minority Indonesian Democratic Party (PDI), saying that it is chairman Soerjadi who should do more to settle the problems.
Tue, 12 Aug 1997
Foreign investors pull out of Malaysia in droves
Foreign investors pull out of Malaysia in drovesBy Madhav Reddy KUALA LUMPUR (Reuter): After nine years of eight percent or more growth, the Malaysian economy was everybody's favorite at the start of 1997, a darling among emerging markets and for many good reasons.
Tue, 12 Aug 1997
Ebony smuggling go on in Sulawesi
Ebony smuggling go on in Sulawesi PALU, Central Sulawesi: Central Selawesi Governor H.B. Paliudju lamented yesterday that between 5,000 and 10,000 cubic meters of ebony are smuggled out of the province each year.
Tue, 12 Aug 1997
Moslem ulemas allow strikes, demonstrations for 'justice'
Moslem ulemas allow strikes, demonstrations for 'justice' SURABAYA (JP): Around 100 influential ulemas gathered for a two-day workshop and concluded yesterday with an endorsement for strikes and demonstrations "as long as they are held in search of justice.
Tue, 12 Aug 1997
Rights activism blamed for riots
Rights activism blamed for riots JAKARTA (JP): National Police Chief Gen. Dibyo Widodo blamed yesterday recent riots on many problems, including human rights issues.At a ceremony installing Maj. Gen. Chaerudin Ismail as chief of West Java Police in Bandung, West Java, Dibyo said the riots were...
Tue, 12 Aug 1997
Tambang Timah maintains target output
Tambang Timah maintains target output JAKARTA (JP): Publicly listed tin mining company PT Tambang Timah will not reduce its initial production target of 47,000 tons this year despite the drop in tin prices since early this year, the company said yesterday.
Tue, 12 Aug 1997
Jasindo expects 10 percent increase in profit this year
Jasindo expects 10 percent increase in profit this year JAKARTA (JP): PT Asuransi Jasa Indonesia (Jasindo) expects a 10 percent increase in premium income and net profit this year, an executive of the state-owned insurance company said yesterday.
Tue, 12 Aug 1997
City revising revenue bills to satisfy new regulation
City revising revenue bills to satisfy new regulation JAKARTA (JP): The municipality is in the process of revising its revenue bills to bring them into line with the government's new regulations and laws on local taxes and fees, a member of the City Council said yesterday.
Tue, 12 Aug 1997
Briton found dead in his apartment
Briton found dead in his apartment JAKARTA (JP): A diabetic Briton was found dead in his apartment in the Setiabudi district, South Jakarta, yesterday, police said.The victim was identified as David Geschal, 48, a manufacturing director for PT Pirelli Cables Indonesia, an Italian joint venture...
Tue, 12 Aug 1997
Sucofindo to help Bapindo lessen debt
Sucofindo to help Bapindo lessen debt JAKARTA (JP): State-owned surveying company PT Superintending Company of Indonesia (Sucofindo) agreed yesterday to help state- owned Bank Pembangunan Indonesia (Bapindo) minimize bad credit risk.
Tue, 12 Aug 1997
RI boxers are good even 'without the Baharis'
RI boxers are good even 'without the Baharis' JAKARTA (JP): National Sports Council chairman Wismoyo Arismunandar told national boxers to do their best at the 19th SEA Games here in October, even though the Bahari brothers were not in the squad.
Tue, 12 Aug 1997
Traveler found dead in Puncak
Traveler found dead in Puncak BOGOR, West Java (JP): A man believed to have been involved in a late-night road accident was found dead in a dry water drain near here Sunday morning. He had been on a trip to the mountainous Puncak resort with 70 work colleagues.
Tue, 12 Aug 1997
Tight money hits stock
Tight money hits stock Last Thursday's 3.13 percent fall in share prices in Jakarta -- the steepest slide in one day's trading after the almost 5 percent plunge on July 29 last year as the impact of major riots in the capital -- once again told of the difficult choices the monetary authorities...
Tue, 12 Aug 1997
Religious revival becomes a trend among local Moslems
Religious revival becomes a trend among local MoslemsBy Abu Ibrahim, Tedy Novan and Sumanto YOGYAKARTA (JP): A religious revival has become a trend among many Moslems. Recitation sessions are no longer dominated by the santri (strict followers of Islam) only.
Tue, 12 Aug 1997
Malaysian ringgit hits fresh 42-month low on sales
Malaysian ringgit hits fresh 42-month low on sales KUALA LUMPUR (Reuter): The Malaysian ringgit extended its freefall against the dollar yesterday, hitting a 42-month low on sales from offshore investors, and most foreign exchange dealers expect further losses.
Tue, 12 Aug 1997
Sunter Lake an ideal venue for skiing: Coach
Sunter Lake an ideal venue for skiing: Coach JAKARTA (JP): Water skiing coach Nico Abdurahman said yesterday that North Jakarta's Sunter Lake was suitable for 19th SEA Games water skiing events.Indonesia's water skiing team has been training there while waiting for the organizing committee's final...
Tue, 12 Aug 1997
No sign of ICMI-Golkar friction: Siswono
No sign of ICMI-Golkar friction: Siswono JAKARTA (JP): Golkar's decision to remove five senior Association of Indonesian Moslem Intellectuals (ICMI) members from the faction's nomination list for the People's Consultative Assembly (MPR) should not be seen as a sign of friction between the two...
Tue, 12 Aug 1997
Crime at the road
Crime at the road During the afternoon, cruising to a business appointment in Pasar Minggu, on turning left into Jl. Simatupang from Jl. Ampera Raya, we (driver and self) discovered a rupture in the car's rear tyre. We coasted down to a level spot and started to change the tire.
Tue, 12 Aug 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 11, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,025 25 26,000 AHAP Insurance 2,500 0 0 Alter Abadi 1,050 -50 91,500 Alumindo Light Metal 1,250 25...
Tue, 12 Aug 1997
Globe-trotting for life's better picture
Globe-trotting for life's better picture JAKARTA (JP): Not many people are willing to leave behind their career, loved ones and motherland to pedal around the world on a bicycle.But Michel De Vos has taken the risk.
Tue, 12 Aug 1997
GRI buys leisure wear line
GRI buys leisure wear line SINGAPORE (Reuter): Indonesia's PT Great River International (GRI) said yesterday its unit Apparel World of Singapore bought a leisure wear line from Ossia International.It said in a statement the acquisition of the GFF Gianfranco Ferre line and the takeover of a boutique...
Tue, 12 Aug 1997
Medan bans sidewalk vendors
Medan bans sidewalk vendors MEDAN, North Sumatra: Residents are being asked to prevent sidewalks from becoming sidewalk stalls by the city administration."The Medan administration is not forbidding residents from making a living by opening up a canteen in their yard.
Tue, 12 Aug 1997
Microsoft, partners open info centers
Microsoft, partners open info centers JAKARTA (JP): Software company Microsoft Indonesia and its partners will open information technology centers in Jakarta to promote its business applications for the finance industry, manufacturing, mining industry and Intranet/Internet users.
Tue, 12 Aug 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Graphics Exhibition: A European View (of Indonesia), old lithographs, engravings, and other graphics from Europe revealing the old way of life in Indonesia, at the Lagoon Tower, Jakarta Hilton International, Jl. Gatot Subroto, South Jakarta.
Tue, 12 Aug 1997
Satelindo targets higher profit
Satelindo targets higher profit JAKARTA (JP): Telecommunications operator PT Satelindo expects to net Rp 1.1 trillion (US$423 million) in revenue this year and plans to provide direct-to-home (DTH) television service next year.
Tue, 12 Aug 1997
W. Java gets new police chief
W. Java gets new police chief BANDUNG: Maj. Gen. Chaeruddin Ismail was installed yesterday as West Java Police chief replacing Maj. Gen. Nana Permana who takes up a new post as inspector general of the National Police.
Tue, 12 Aug 1997
Beware of Lippo Protection Plan
Beware of Lippo Protection PlanFrom KompasI took out an insurance policy with Lippo Protection Plan in January 1996. I had to pay the monthly premiums into a Lippo Star account and for the first five months I duly received the relevant statements from Lippo Star and the debit notes from Lippo.
Tue, 12 Aug 1997
WB loans graft needs to be curbed
WB loans graft needs to be curbedBy Kastorius Sinaga JAKARTA (JP): An allegation by an American expert recently that approximately one third of World Bank loans to Indonesia had been siphoned off by bureaucrats reminds us of a 1995 survey that ranked the country as the most corrupt in private...
Tue, 12 Aug 1997
Kedoya residents ask for payment
Kedoya residents ask for payment JAKARTA (JP): Residents of the Kedoya Utara subdistrict in West Jakarta complained at the National Commission on Human Rights yesterday about not receiving any compensation for the demolition of their homes by public order officers.
Tue, 12 Aug 1997
Asian crude firm on improved mart demand
Asian crude firm on improved mart demand SINGAPORE (Reuter): The Asian crude market is expected to see some support this week on improved demand as refiners return from turnarounds while Iraqi crude stays away from Japan, traders said yesterday.