Indonesian Political, Business & Finance News

Archive: 22 August 1997

65 articles found

GM won't raise Opel price

GM won't raise Opel price JAKARTA (JP): PT General Motors Buana Indonesia (GMBI) announced yesterday it would not increase the price of its Opel despite the price hike of other cars. "We are extremely reluctant to raise prices at present," said GMBI's director of sales Terry B. Johnsson yesterday. Johnsson attributed the company's ability to cope with the rupiah's recent sharp decline against the U.S. dollar to the high level of local content in its vehicles.

Soeharto sets up team for info superhighway

Soeharto sets up team for info superhighway JAKARTA (JP): President Soeharto has set up a team comprising 14 cabinet ministers to help usher Indonesia into the information superhighway era. The team, headed by Coordinating Minister for Production and Distribution Hartarto, was founded by Presidential Decree No. 30 issued July 31.

Environmental audits to be made compulsory

Environmental audits to be made compulsory JAKARTA (JP): A new environment bill will empower the government to order companies to conduct environmental audits, State Minister of Environment Sarwono Kusumaatmadja says. The bill, which will be endorsed by the House of Representatives today, will also enable authorities to use auditing results to incriminate those alleged of any violations. "By definition, auditing is voluntary. It's like a medical checkup.

Currency instability to affect Honda

Currency instability to affect Honda TOKYO (AFP): Japan's Honda Motor Co. Ltd. said yesterday currency instability in Southeast Asia would have an impact on its earnings this year, biting into its automobile and motorcycle business there. "Instability of South Asian currencies will have a certain impact on our earnings," Honda director Satoshi Aoki told a news conference as he announced the company's quarterly earnings.

House pledges to endorse all bills by Sept. 19

House pledges to endorse all bills by Sept. 19 JAKARTA (JP): The House of Representatives has pledged to endorse eight remaining bills, including an amendment of the House's internal rules, before its final recess on Sept. 19. Chairman of the House consultative body Soerjadi said yesterday that deliberation of all but two bills needed extra time because of unsettled debates. Soerjadi said barring any unforeseen problems, the controversial manpower bill would pass on Sept.

Stickers for Bogor vans

Stickers for Bogor vans JAKARTA (JP): The Bogor Land Transportation Agency has started issuing stickers to public transport vans in a drive to stamp out illegal operators. The agency is also reviewing the vans' routes because some of them are becoming so saturated they are barely profitable, the agency's head Endang Durochim told Antara. One set of stickers costs Rp 1,700. The agency will limit the number of vans on each route and redeploy the excess to new routes.

Parents deprive children of their rights: Scholars

Parents deprive children of their rights: Scholars JAKARTA (JP): Religious scholars agreed yesterday that most often it is parents that deprive children of their rights. Moslem scholar Quraish Shihab of the Syarif Hidayatullah State Institute for Islamic Studies and Protestant theologist Victor Tanja spoke in the second day of a three-day discussion that explored how religions deal with the question of children's rights.

Pardjoko upsets councilors

Pardjoko upsets councilors JAKARTA (JP): City councilors in Commission E for social welfare said yesterday they were disappointed South Jakarta Mayor Pardjoko did not attend a meeting with them to discuss a plan to move the mayoralty office. The commission's head, Soeparmo, said mayor's staff had confirmed the mayor would attend which was held at 9:30 a.m. yesterday. "His staff, who were already in the meeting room, even told us the mayor was on the way," Soeparmo said.

The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * Cappellini Restaurant in Center Park is the location for smart eating. It's also the place where I recorded tonight's "Listening Post" interview, with Operations Director Ennio di Marco. "Udina is the city where I was born.

Seminar to showcase successful leadership

Seminar to showcase successful leadership JAKARTA (JP): The Army's Special Forces, General Electric and PT Astra International have one thing in common -- good leadership. The Foundation of Management Education and Development (YPPM) is organizing a seminar next week on leadership in the future in which these institutions will be showcased as examples of successful leadership. Next Wednesday's seminar is to commemorate the late T.B.

Outlook negative for top KL banks as economy slows

Outlook negative for top KL banks as economy slows KUALA LUMPUR (AFP): Standard and Poor's revised yesterday its outlook for two of Malaysia's biggest banks, citing expectations that their asset quality and profitability will decline as the economy slows. The move implies possible cuts in the "A-plus" counterparty rating for leading commercial bank Malayan Banking Bhd. (Maybank) and the "BBB" counterparty rating for top merchant bank Arab- Malaysian Merchant Bank Bhd.

Ho Chi Minh City elects new mayor

Ho Chi Minh City elects new mayor HANOI (AFP): Ho Chi Minh City's People's Committee said yesterday it had elected Vo Viet Thanh as mayor to shepherd Vietnam's biggest city into the 21st century. As chairman of the Ho Chi Minh City's People's Committee, a job he will hold for five years, Thanh will face considerable challenges in managing a city of more than five million people.

Currency storm heads for Hong Kong

Currency storm heads for Hong Kong By Nick Cumming-Bruce SINGAPORE: Modest recoveries by the currencies of Indonesia, Thailand and the Philippines -- which have been Asia's weakest -- Wednesday brought governments and dealers a welcome respite from weeks of frantic activity, but no peace of mind. Now fears are focussing on the Hong Kong dollar -- even with its huge Chinese support.

Shareholders okay Indocement's restructuring plan

Shareholders okay Indocement's restructuring plan JAKARTA (JP): Independent shareholders unanimously approved yesterday PT Indocement Tunggal Prakarsa's plan to spin-off and sell its 50.1 percent ownership in PT Indofood Sukses Makmur to focus its business on cement.

Krisdayanti gets platinum award

Krisdayanti gets platinum award JAKARTA (JP): Noted Indonesian singer Krisdayanti and her husband Anang Hermansyah have received a Quadruple Platinum award for the success of their album Cinta (Love). Sales have already exceeded 600,000 copies. The award was presented by Sanjaya, a representative of the album's producer Warner Music Indonesia, in a ceremony at Hard Rock Cafe in Central Jakarta Wednesday night.

Xanana will not be released, government official says

Xanana will not be released, government official says JAKARTA (JP): President Soeharto will send a reply to South African President Nelson Mandela, informing him that jailed East Timorese rebel leader Jose Alexandre "Xanana" Gusmao will not be released, a senior government official said yesterday. Speaking on condition of anonymity, the official said the letter would be sent to Pretoria as an official reply to Mandela's letter sent to Soeharto after visiting Jakarta last month.

Govt to own all land reclaimed in North Jakarta

Govt to own all land reclaimed in North Jakarta JAKARTA (JP): The government is preparing a regulation stipulating that it will own the land currently being reclaimed in North Jakarta, State Minister of Agrarian Affairs Soni Harsono said yesterday. Under the regulation, the reclaimed land would belong to the government, while the private developers in charge of the projects will be given priority to obtain the titles to use the land for their business.

Northeast Thailand striving to be gateway to Indochina

Northeast Thailand striving to be gateway to Indochina UDON THANI, Thailand (JP): Thailand's northeast has seen far less tourist development than its famed southern beach resorts of Pattaya and Chiang Mai in the north. Tourism authorities and agencies are eager to make the northeast, a relatively poor area, the gateway to Indochina. One such project is the plan to build a road linking the area to southern China.

Riau airport back to normal

Riau airport back to normal PEKANBARU, Riau: Activities returned to normal yesterday at Simpang Tiga International Airport which for over the past two months had been disrupted by haze, Antara reported yesterday. Officials said since Sunday there had not been any thick smoke from forest fires blanketing the airport and preventing planes from taking off or landing. The airport serves both domestic and international airliners such as Silk Air of Singapore and Pelangi Air of Malaysia.

Rupiah leads Southeast Asian currencies higher

Rupiah leads Southeast Asian currencies higher SINGAPORE (Reuter): Southeast Asian currencies were decidedly more upbeat yesterday as the Indonesian rupiah's strong gains and talk of funds unwinding long dollar positions lifted the gloom over the region, at least for the moment. The rupiah breached the 2,700 resistance level early in the day and remained on firm footing despite news that Standard & Poor's (S&P) had revised its ratings outlook on Indonesian banks to negative from stable.

Southeast Asian corn imports seen up on El Nino drought

Southeast Asian corn imports seen up on El Nino drought SINGAPORE (Reuter): Southeast Asian animal feed buyers may have to import large additional quantities of corn for the fourth quarter as drought linked to the El Nino weather anomaly bites into domestic crops, traders said yesterday. At the same time buyers are facing much higher prices for the staple as their currencies have sagged against the U.S. dollar, in which most internationally traded commodities are priced, and as benchmark U.S.

Building fire worsens KL haze

Building fire worsens KL haze KUALA LUMPUR (AFP): A 20-story office building under construction in Kuala Lumpur caught fire for almost an hour late yesterday, worsening the haze already enveloping the city, witnesses said. The blaze started at about 4:25 pm on the pyramid-shaped peak of the Wisma PJD building in the central business district, emitting thick black smoke which was put out an hour later, they said.

Manpower bill stifles growth of civil society

Manpower bill stifles growth of civil society JAKARTA (JP): Political and legal experts strongly criticized the draft manpower bill yesterday, saying it failed to accommodate the basic rights of workers and constricted the development of civil society. Political observer Muhammad A.S. Hikam said that, if passed without fundamental changes, the bill would repress the two basic tenets of civil society -- workers' ability to achieve self empowerment and self sufficiency.

Local insurance industry needs more actuaries

Local insurance industry needs more actuaries JAKARTA (JP): Indonesia needs to double the number of actuaries in the country to support the rapid development in pension funds and insurance companies, a senior government official said yesterday. The director of insurance in the Finance Ministry, Suyoto, said yesterday there were only about 129 actuaries in the country.

Indonesia lags in oil product export plans

Indonesia lags in oil product export plans SINGAPORE (Reuter): Indonesia's ambition to be a petroleum products exporter in keeping with its status as a major crude oil exporter is not likely to be realized, industry sources said yesterday. Indonesia, Asia's only member of the Organization of Petroleum Exporting Countries (OPEC), had drafted grand plans in the late 1980's to build four export-oriented oil refineries (EXOR) to fulfill this dream.

Minister blames poor laws for derelict land

Minister blames poor laws for derelict land JAKARTA (JP): Inadequate laws limiting land ownership is a major reason for the escalating amount of derelict land in Greater Jakarta, according to State Minister of Agrarian Affairs Soni Harsono. The 1970 decree on land ownership limitations was no longer effective, mainly because it did not specify how much land could be owned by companies, Soni told a seminar on coast reclamation and its environmental impact here yesterday.

Java Marine enters Myanmar

Java Marine enters Myanmar RANGOON (DPA): Myanmar Shipyards and Java Marine Lines Pte have signed a contract to build an 8-million-Singapore-dollar (US$5.3-million), 56-metre-long ship to be used for offshore drilling, news reports said Thursday. The contract was signed in Rangoon on Wednesday between Myanmar Shipyards managing director Percy Maung Maung and Java Marine Lines managing director Pang Yoke Min, the New Light of Myanmar newspaper, a government-run daily, said.

Parents reluctant to admit to kids' drug abuse: Police

Parents reluctant to admit to kids' drug abuse: Police JAKARTA (JP): The real number of drug abusers, especially teenagers, is much higher than reported due to parents' reluctance to report drug problems in their families, a police officer said yesterday. The head of the City Police's Directorate of Community Counseling, Col. Ahmad Hasan, said most abusers' parents could not bear the feeling of humiliation that accompanied disclosing the problems to others.

Aussie coal exports surge

Aussie coal exports surge SYDNEY (Reuter): The Australian coal industry could increase exports by as much as 50 percent to A$12 billion a year with workplace reform, Leigh Clifford, energy chief executive for Rio Tinto Ltd, said yesterday. This might take Australia 10 or so years, but the opportunity was there with reform, Clifford said.

Fujitsu boosts Asian market

Fujitsu boosts Asian market TOKYO (AFP): Japanese computer giant Fujitsu Ltd. plans to team up with Oracle Corp. of the United States to sell and install computer systems running Oracle's database software in Asia, a spokesman said yesterday. The agreement was reached by Fujitsu and Oracle Systems S.E. Asia Pacific Ltd., a regional unit of the US software company, the Fujitsu spokesman said.

Rupiah and stock market continue to gain ground

Rupiah and stock market continue to gain ground JAKARTA (JP): The rupiah surged yesterday by another 100 points against the U.S. dollar and stock prices increased 1.67 percent. Foreign exchange dealers said spot rupiah, which opened at 2,780/2,810, strengthened and broke the resistance level of 2,700 to 2,650 in morning trading and closed at 2,670/2,690.

Group protests govt plan to ban dubbing

Group protests govt plan to ban dubbing JAKARTA (JP): A group of dubbers staged a protest at the House of Representatives yesterday over the government's plan to ban dubbing in imported films screened on television. The spokesman of the group claiming to represent 1,000 professional dubbers across the city, Dadang Ridman, said the government could instead seek improvement of dubbing methods or apply the ban selectively.

Bishop Belo happy with education in East Timor

Bishop Belo happy with education in East Timor JAKARTA (JP): Dili Bishop Carlos Filipe Ximenes Belo said East Timorese have to admit that the Indonesian government has outdone itself by providing them with the best educational facilities. Antara quoted Belo in East Timor's capital of Dili as citing on Wednesday the Dili Vocational School as an example of a good school with qualified teachers and adequate facilities.

Australia to mend ties with PNG

Australia to mend ties with PNG CANBERRA (Reuter): Australia will seek to repair its ties with neighboring Papua New Guinea when foreign minister Alexander Downer makes a brief visit to meet leaders of the new government in Port Moresby next week. Canberra placed great importance on its relations with Papua New Guinea and wanted to reinvigorate the relationship, officials said yesterday.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Exhibition: Tanda Tanya by Dwi Aryo Prihutomo and Ronny Agustinus, at CCF Gallery - French Cultural Center, Jl. Salemba Raya 25 Central Jakarta, 9 a.m. to 8 p.m., until Sept. 20. * Painting Exhibition: Romance by Firman Ichsan, at Cemara 6 Galeri Kafe, Jl. HOS. Cokroaminoto No. 9-11, Central Jakarta, 9.30 a.m. to 6.30 p.m., until Aug. 31. * Painting Exhibition: by Kartini Basuki at Duta Fine Arts Foundation, Jl.

Swedish Lindskog takes lead in East Java Open

Swedish Lindskog takes lead in East Java Open SURABAYA (JP): Stephen Lindskog of Sweden took the lead by one stroke despite his poor finishing of 2 over par-74 yesterday for a two-day total of 147 at the Ciputra Golf & Klub Keluarga here. A late start, poor organization and the more than 180 participants at the opening round, which continued through yesterday, saw most pro golfers finishing the round when dusk settled on the splendid golf link.

Telkomsel wins ISO-9002 certification

Telkomsel wins ISO-9002 certification JAKARTA (JP): Privately owned cellular operator PT Telkomsel has won an ISO-9002 certificate from TUV Rheinland of Germany for its service. Telkomsel, which operates the Global System for Mobile (GMS) communications, received here yesterday the ISO certificate awarded for the company's customer care online service.

More diarrhea patients

More diarrhea patients SEMARANG: The Dr. Kariadi Hospital has reported a 10 percent increase in the number of children treated for diarrhea in the past month. Antara quoted Dr. Rochmanadji Widayat from the hospital as saying that 692 children had been treated in July, with 107 of them or 15.5 percent being treated for diarrhea. He blamed the increase on the dry season currently affecting many areas and a shortage of clean water. He did not say whether there were any fatalities. (swe)

Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. - Lobby: Solo Piano, daily, 6 p.m. to 9 p.m. * Mirama Hotel, Jl. Raya Darmo 58-76: - Mirama Bar: Desire Band, Monday. Haztoria Band, Tuesday. Abouwhim VG and Bubi Chen Virtuoso Band, Wednesday. Abouwhim Band, Thursday. HI Beat Band and Singer, Friday. The Player's and Surabaya VG, Saturday. Electone Player, Sunday.

Kranggan toll gate opened

Kranggan toll gate opened JAKARTA (JP): The state-owned highway corporation, PT Jasa Marga, has opened its new access gate to the Jagorawi toll road at Kranggan near Cibinong. The Kranggan toll gate at the Gunung Putri flyover, about 30 kilometers from Jakarta, was designed to reduce traffic congestion heading from Jakarta to Kranggan and Cibinong, said spokesman David Wijayatno.

Builders told to subsidize customers

Builders told to subsidize customers JAKARTA (JP): Indonesian Real Estate (REI), the association of real estate and housing developers, has called on members to subsidize their customers. REI chairman Edwin Kawilarang said Wednesday the subsidy could be given by offering interest rates lower than what the banks charged. "If the developers do not provide the subsidy, people will stop buying houses under the current tight monetary policy.

ASEAN urged to be cautious on Cambodian membership

ASEAN urged to be cautious on Cambodian membership JAKARTA (JP): A senior United States official has urged ASEAN to exercise caution and give the matter "serious thought" before admitting Cambodia into the group. "As you bring a country like Cambodia that is experiencing a convulsion of violence and repression into your house, it reflects on ASEAN's image, it reflects on the face that ASEAN presents to the world," said Sandra Kristoff, senior director for Asian affairs at the U.S.

STIC revises earnings

STIC revises earnings SINGAPORE (Reuter): Singapore Technologies Industrial Corp said yesterday it had revised its earnings growth downwards to 10 percent from 15 percent previously. An official said at the group's interim results press conference that earnings growth for the first half was affected mainly by an outbreak of malaria in Bintan, Indonesia which hurt their hotel operations. It was also affected by the Thai baht devaluation which dragged down profits at its unit ST Capital.

ABB ESI set to replace expatriate workers

ABB ESI set to replace expatriate workers SURABAYA, East Java (JP): Swiss company Asea Brown Bovery (ABB) will transfer most of its important management and operation positions of its boiler manufacturer subsidiary PT ABB Energy Systems Indonesia (ABB ESI) to Indonesian workers. It also plans to strengthen ABB ESI's position as a leading power equipment maker in Southeast Asia. ABB ESI vice president director Thomas E.

A question of consistency

A question of consistency As a recent arrival in Jakarta I would like to make a comment about the coverage of international sporting events by The Jakarta Post. Having been in the city for more than one month now (and as an occasional visitor to Jakarta in the past) I have subscribed to your fine newspaper and I am an avid reader. Whilst I believe the general standard of reporting and news coverage is impressive, throughout the majority of the paper, the sports coverage is somewhat lacking.

PAL suspends NY flights

PAL suspends NY flights MANILA (AFP): Philippine Airlines (PAL) said yesterday it would suspend flights to New York from Sept. 2 because of "staggering" losses resulting from restrictions imposed by US aviation authorities. PAL said in a statement the losses stemmed from a restriction requiring the airline to use only aircraft, pilots and crew "wet- leased" from a carrier designated by the US government.

Public backlash against TV levies

Public backlash against TV levies The controversial collection of levies from TV owners is making headlines again. State-owned Televisi Republik Indonesia (TVRI), driven to its wit's end by the stubborn refusal of TV owners to pay their mandatory contributions, is now using security personnel to escort its collectors. Presumable the levies are the network's only funding source.

Thailand defends ASEAN policy

Thailand defends ASEAN policy BANGKOK (AFP): Thailand opened an international think-tank conference here yesterday with a defense of ASEAN's policy of constructive engagement against the "morally-driven" foreign policy of some Western nations. Thailand's deputy foreign, minister Pitak Intaravirayanon, said sanctions affected the welfare of average citizens rather than a nation's rulers and poisoned the atmosphere, making dialog more difficult.

Lending a helping hand

Lending a helping hand Six years ago I filed a request with Ragunan Zoo but it went unheeded. However, thanks to Mrs. Schmutzer, what I had earlier requested has become a reality. I must express my great gratitude to Mrs. Schmutzer for what she has done. Without her help the animals at the zoo, including some orangutans, would still be kept in horrible pens made of cement. After spending 10 years in such an enclosure, two animals were finally brought out into an open-air pen.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nikko Bali Hotel: - Kupu-kupu Amphitheater, Balinese dance performances at 9 p.m. to 10 p.m.; Legong Dance, on Tuesday, Joged Bumbung, on Thursday, Ramayana, on Saturday. - Oo Looloos Santap Restaurant presents live music daily except Monday at 9 p.m. to 2 a.m.

Players say Grand Slam must offer many points

Players say Grand Slam must offer many points YOGYAKARTA (JP): International shuttlers expect to earn many world ranking points from the Grand Slam series, which will replace the World Cup. The World Cup is currently an invitational event which does not influence the shuttlers' ranking. The Singapore Open winner, Hariyanto Arbi of Indonesia, said the Grand Slam should give more points to the winner and thereby increase the player's ranking.

Keep thieves out of restaurant

Keep thieves out of restaurant On Aug. 2, we were enjoying a pleasant family dinner at the Kenny Rogers Restaurant in Pondok Indah Mall. About three- quarters of the way through the meal, a somewhat thin, scruffy- looking man in his late 20s approached our table. He called me "Uncle" and asked for the correct time in Bahasa Indonesia as his watch had apparently malfunctioned. Somewhat surprised at the request, I noted the correct time and provided it to him.

Mia books place in semifinal but Ardi loses

Mia books place in semifinal but Ardi loses By Primastuti Handayani YOGYAKARTA (JP): Indonesian Open champion Ardy Wiranata's clings to a slim chance of making the men's singles semifinals of the 1997 Sanyo World Cup Badminton Championship, but compatriot Mia Audina flirted with danger before reaching the final four of the women's tournament yesterday.

Is dubbing foreign films good or bad for society?

Is dubbing foreign films good or bad for society? By Mochtar Buchori JAKARTA (JP): The Jakarta Post put forward two important questions in its editorial on Aug. 11, 1997. "Is the practice of dubbing foreign films good or bad for our national culture and values?" and "what is meant by 'national culture'?" These are difficult questions. To answer them in a sensible manner it is necessary, I think, for these questions to be dissected.

S&P affirms rating, but revises outlook

S&P affirms rating, but revises outlook SYDNEY (Reuter): Standard & Poor's said yesterday it affirmed its ratings on Bank Negara Indonesia, Bank Danamon and Bank Umum Nasional, but revised the outlook on these ratings to negative from stable. Bank Negara has a BBB counterparty rating for long-term debt and A3 rating for short-term debt. Bank Danamon and Bank Umum are rated BB for long-term debt.

Search efforts stopped in Surabaya

Search efforts stopped in Surabaya SURABAYA: The authorities called off yesterday the search for missing people in Tuesday's boat accident on Brantas River, Antara reported yesterday. The news agency quoted Karangpilang police chief Capt. Sudoko as saying the search had been called off because there was uncertainty regarding the precise number of people involved in the accident.

Slashing monopolies

Slashing monopolies The rupiah debacle over the last few weeks, in spite of the internationally recognized strength of our economy, may have brought home the message to the government that the current financial difficulties cannot be tackled by fiscal and monetary instruments alone. This is the impression we get from the disclosure made by Coordinating Minister for Economy and Finance Saleh Afiff after the daily meeting of the Monetary Board on Wednesday.

ABRI appeals for new recruits

ABRI appeals for new recruits JAKARTA (JP): The Armed Forces (ABRI) Headquarters is inviting university graduates and holders of three-year university diplomas to join its education program for officers, spokesman for the Jakarta Military Command DJ. Nachrowi said yesterday. He said that those passing the program would be career officers and begin with the rank of Second Lieutenant.

TV today

TV today TVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Kelley 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Film: Home Green Home 5:25 Variety Show: Music City Today 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Development Program: Dinamika 8:00 News: Lintasan Berita 8:05 Music: Pamor Dangdut...

Student stabbed to death in brawl on way to school

Student stabbed to death in brawl on way to school JAKARTA (JP): A senior high school student was killed in a street fight Wednesday, taking the death toll in inter-school brawls since the start of the school year to four. Police arrested 32 students from two senior high schools who were brawling at Plumpang bus terminal yesterday. Officers believe the fight was triggered by revenge over Wednesday's death of 17-year-old Mujiono, a student at the privately run Bahariwan technical school.

Yogie blasts HMI for rejecting official

Yogie blasts HMI for rejecting official JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. lashed out yesterday at the Association of Islamic Students (HMI) for rejecting a speech by a senior ministry official in the recent opening of their congress. "It's really deplorable that members of such an influential organization behaved in such a manner," Yogie was quoted by spokesman H.S.A. Yusacc as saying yesterday.

Moslem student association's independence questioned

Moslem student association's independence questioned YOGYAKARTA (JP): Despite the absence of prominent speakers, the second day of the Association of Islamic Students (HMI) congress saw a lively discussion on members' concern over the organization's independence. The proximity of some of Indonesia's Islamic organizations, including HMI, to the country's center of power, was among the topics discussed at the 21st congress of HMI.

Two die in forest fires

Two die in forest fires LAHAT, South Sumatra: Aniruldi Rasiman, 30, and Pajiman Hasan, 50, died on Monday while trying to contain forest fires in Serai village, Merapi district. The two workers of forest concessionaire PT Musi Hutan Persada, a subsidiary of Barito Timber Pasifik, were on a tractor towing a water tank when a burning tree fell on them. Antara reported the fires started several days earlier.

Govt's plan on Bulog hailed

Govt's plan on Bulog hailed JAKARTA (JP): Businesspeople and analysts hailed yesterday the government's plan to scrap the National Logistics Agency's (Bulog) trading monopoly in several commodities. Businessman Sudwikatmono, an executive at the Salim Group, said he welcomed the government's decision and said the group's PT Bogasari Flour Mills, which holds the exclusive rights to mill Bulog's wheat into flour, had anticipated it. "If that really happens, it's all right.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 21, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 775 25 38,500 AHAP Insurance 2,500 0 0 Alter Abadi 1,000 50 500 Alumindo Light Metal 1,100 -75 129,500 Alumindo Perkasa 600 0 0 Aneka Kimia Raya 1,075 50 162,500 Anwar Sierad 1,025 0 150,000 Apac Centertex Corp.