Archive: 25 August 1997
55 articles found
Mon, 25 Aug 1997
Issuers feel brunt of financial woes in Southeast Asia
Issuers feel brunt of financial woes in Southeast Asia SINGAPORE (Reuter): Currency turmoil in Southeast Asia has wreaked havoc on local stock markets and brought the market for initial public offerings (IPOs) to a virtual standstill in some countries, investment bankers said.
Mon, 25 Aug 1997
Observer suggests open talks on succession
Observer suggests open talks on succession JAKARTA (JP): A political observer has called for open talks on national leadership succession, saying Indonesians must think about the post-Soeharto era.Former Golkar legislator Marzuki Darusman said in a discussion with Jakarta-based political...
Mon, 25 Aug 1997
Portugal rejects helping Santana
Portugal rejects helping Santana LISBON (Reuter): Portugal has rejected a plea from Timorese resistance leader Konis Santana for support in the armed struggle against Indonesia, but has given a cautious welcome to Santana's proposal for partial autonomy in the restive territory.
Mon, 25 Aug 1997
Mandala flies to Ambon
Mandala flies to Ambon JAKARTA (JP): Mandala Airlines, one of the country's scheduled airlines, will operate one more service to Ambon, Maluku.Mandala's district manager in Ambon, Arie Andrianto, said the decision to add the new service was made following successful extra flights linking Ambon and...
Mon, 25 Aug 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: by Sri Hadhy, Tulus Warsito, Sukriyal Sadin and Kristiyanto at Hotel Kristal Jl. Tarogong Raya, Cilandak Barat, South Jakarta, 24 hours, until Sept. 30.
Mon, 25 Aug 1997
Bali, Bahia sign deal
Bali, Bahia sign deal JAKARTA (JP): Bali has signed an economic agreement with Brazil's Bahia province to promote tourism, agriculture and trade.Bali's governor, Ida Bagus Oka, and Bahia's governor, Cesar Augosto Rabello, signed the agreement Saturday in Denpasar, Bali, Antara reported over the...
Mon, 25 Aug 1997
City Logistics Agency to control food prices
City Logistics Agency to control food prices JAKARTA (JP): The City Logistics Agency will begin supplying stocks of staple food to local markets today in a bid to stabilize prices during the rupiah crisis, a councilor said.
Mon, 25 Aug 1997
Pertamina's management
Pertamina's management I would like to comment on the article Caltex's view on Pertamina 'faulty' (Thursday, Aug. 14) by R.O. Hutapea.I think Mr. Hutapea did a good job presenting facts about Enhanced Oil Recovery (EOR) expertise that Pertamina acquired and about the history of LNG in Indonesia.
Mon, 25 Aug 1997
Brawl mars Islamic students' congress
Brawl mars Islamic students' congress YOGYAKARTA (JP): A brawl added insult to injury, marring the 21st congress of the Association of Islamic Students (HMI) here over the weekend.An Ujungpandang representative, identified as Iwan, needed two stitches to his head after the flare-up that followed...
Mon, 25 Aug 1997
Lippo Securities predicts rise in pretax profit
Lippo Securities predicts rise in pretax profit JAKARTA (JP): Publicly listed securities firm PT Lippo Securities has predicted its pretax profit will increase 154 percent to Rp 155 billion (US$58.5 million) this year from Rp 61 billion last year.
Mon, 25 Aug 1997
Hun Sen finally seizes O'Smach
Hun Sen finally seizes O'Smach CHONG CHOM PASS, Thailand (Agencies): Cambodian troops loyal to strongman Hun Sen overran O'Smach, the last frontier town held by his ousted co-premier Prince Norodom Ranariddh, witnesses said yesterday.
Mon, 25 Aug 1997
RI wants more trade with African countries
RI wants more trade with African countries JAKARTA (JP): Indonesian businessmen believe that South Africa and the Republic of Guinea-Bissau are promising places to expand business.A delegation of Indonesian business representatives explored the possibilities of establishing cooperation in...
Mon, 25 Aug 1997
Timika calm but tense amidst tight security
Timika calm but tense amidst tight security JAKARTA (JP): Timika, in Irian Jaya's Mimika regency, remained quiet but tense over the weekend as tight security blanketed the area following an outbreak of violence in Harapan Kwamki Lama village.
Mon, 25 Aug 1997
Asian stock markets seen unstable
Asian stock markets seen unstable SINGAPORE (Reuter): Asian stock markets are expected to remain volatile in the week ahead in the face of continued uncertainty on Wall Street and in Asian currency markets, traders and analysts said.
Mon, 25 Aug 1997
Minister to recommend credit for concessionaires
Minister to recommend credit for concessionaires JAKARTA (JP): The minister of forestry, Djamaludin Suryohadikusumo, has promised his ministry will help timber companies to get bank loans.The minister said his ministry would issue recommendations if banks asked for them, Antara reported Saturday.
Mon, 25 Aug 1997
RP to receive $490m from Japan Export-Import Bank
RP to receive $490m from Japan Export-Import Bank MANILA (AFP): The Philippines will soon receive US$490 million from the Japan Export-Import Bank partly to augment foreign exchange reserves depleted in a failed defense against currency speculators, an official said yesterday.
Mon, 25 Aug 1997
Fire victim recovers
Fire victim recovers JAKARTA (JP): A man who was injured in a fire on the fifth floor of Pasaraya in Blok M, South Jakarta, Saturday was recovering in Pertamina hospital yesterday.A paramedic at the hospital, Herman, said that Oleh, 19, had been moved from the emergency unit to a treatment room on...
Mon, 25 Aug 1997
Mahathir backs accused deputy
Mahathir backs accused deputy KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad revealed yesterday he had received a letter alleging his deputy, Anwar Ibrahim, was involved in a sex scandal but said the allegations were false.
Mon, 25 Aug 1997
Pemuda Pancasila wants to improve image
Pemuda Pancasila wants to improve image JAKARTA (JP): The nationalist youth organization Pemuda Pancasila (PP) is trying to polish its image and is asking the public to stop thinking of it as a group of hoodlums.
Mon, 25 Aug 1997
Sex discrimination culturally embedded
Sex discrimination culturally embedded JAKARTA (JP): Sex discrimination cannot be stopped by economic development without abandoning cultural perceptions which sustain gender inequalities, experts said yesterday.
Mon, 25 Aug 1997
Float parade entertains thousands of Jakartans
Float parade entertains thousands of Jakartans JAKARTA (JP): Tens of thousands of Jakartans turned out yesterday to watch 81 colorful floats parade from National Monument (Monas) square along Jl. Thamrin and Jl. Jend. Sudirman in Central Jakarta.
Mon, 25 Aug 1997
Lorentz becomes national park
Lorentz becomes national park JAYAPURA, Irian Jaya: The government has declared the mountainous Lorentz nature preserve in Wamena, Jayawijaya regency, a national park, Antara reported Saturday.The news agency said the area, which covers the protected forests from Mt.
Mon, 25 Aug 1997
Ansett recruits Indonesians
Ansett recruits Indonesians JAKARTA (JP): Airline Ansett Australia will employ Indonesians to work as flight attendants.The company's general manager in Indonesia, Con Korfiatis, said over the weekend Ansett already employed 44 Indonesians.
Mon, 25 Aug 1997
National development and using social capital
National development and using social capitalBy Aleksius Jemadu BANDUNG (JP): Over the last three decades the Indonesian government has been focusing on economic development. Several traditional policy instruments like taxation, raising export revenues, and foreign debt have been employed.
Mon, 25 Aug 1997
Gus Dur tells NU members to beware of politics
Gus Dur tells NU members to beware of politics JAKARTA (JP): Abdurrahman Wahid, the chairman of Indonesia's largest Moslem organization Nahdlatul Ulama (NU), told members Saturday to be aware of politics but wary of political involvement.
Mon, 25 Aug 1997
Siemens markets new handset
Siemens markets new handset JAKARTA (JP): German telecommunications equipment maker Siemens will launch this week a new Global System for Mobile (GSM) communications handset, the S-10, said to be the first mobile terminal with color display.
Mon, 25 Aug 1997
Aircraft symposium in Bandung
Aircraft symposium in Bandung BANDUNG: Russian, German, American, Korean and Indonesian experts will gather for the Second International Aircraft Propulsion Symposium in Bandung from Aug. 27 to Aug. 28.
Mon, 25 Aug 1997
First of six museum exhibitions starts soon
First of six museum exhibitions starts soon JAKARTA (JP): The city administration plans to hold the first of a series of exhibitions at six museums next month to promote Jakarta's treasures.The head of the city's museums and renovation agency, Haswidi A.
Mon, 25 Aug 1997
Share prices on JSX likely to remain volatile
Share prices on JSX likely to remain volatile JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) are expected to remain volatile this week due to continued uncertainty over rupiah and other Southeast Asian currencies, securities analysts and dealers said.
Mon, 25 Aug 1997
Burning issue
Burning issue I have a comment about the forest burning by some irresponsible people in Riau. I was deeply concerned and ashamed when I accompanied my European friend to visit Lake Toba, which was entirely covered with smoke originating from the forest fire.
Mon, 25 Aug 1997
Danamon posts $57m in profit
Danamon posts $57m in profit JAKARTA (JP): Publicly listed Bank Danamon has reported an unaudited Rp 154 billion (US$57 million) pre-tax profit for the first half of this year.The bank booked a Rp 281.2 billion net profit in 1996, up 57 percent on the previous year.
Mon, 25 Aug 1997
Fires leave hundreds homeless
Fires leave hundreds homeless BANDUNG: Fire broke out simultaneously in the districts of Lengkong and Cidadas here yesterday morning, destroying more than 40 houses and leaving hundreds homeless, Antara reported.
Mon, 25 Aug 1997
Ramayana profits up 79%
Ramayana profits up 79% JAKARTA (JP): The owner and operator of Ramayana Department stores, PT Ramayana Lestari Sentosa, posted a 79 percent increase in net profit to Rp 61 billion (US$23.01 million) in the first semester this year from the corresponding period last year.
Mon, 25 Aug 1997
The end of monopolies?
The end of monopolies? Even as the rupiah was enduring relentless pressure, the surprise statement reached us about government plans to remove monopolies. The statement, made by the Coordinating Minister of Economic Affairs and Finance/Development Supervisor, Saleh Afiff, immediately sparked...
Mon, 25 Aug 1997
Chipcard Reader: Another security measure for your data
Chipcard Reader: Another security measure for your dataBy Zatni Arbi JAKARTA (JP): First of all, some of you out there have been asking for my E-mail address. You have requested a much simpler way to share information with me. Okay.
Mon, 25 Aug 1997
Soros 'involved' in currency attacks
Soros 'involved' in currency attacks KUALA LUMPUR (Agencies): Prime Minister Mahathir Mohamad says he is convinced that American billionaire hedge fund manager George Soros is the prime force behind the recent currency assault on Malaysia and several other Southeast Asian countries.
Mon, 25 Aug 1997
Jamu maker exports
Jamu maker exports JAKARTA (JP): Traditional jamu (herbal medicine) producer PT Sido Muncul receives Rp 300 million (US$111,000) per month in export earnings from other Association of Southeast Asian countries, the company's executive said.
Mon, 25 Aug 1997
EVA Air urges Indonesia to open its skies wider
EVA Air urges Indonesia to open its skies wider TAIPEI (JP): EVA Air, Taiwan's second largest airline company, has urged Indonesia to open more of its air routes to foreign airlines in line with the Open Sky policy.
Mon, 25 Aug 1997
Small businesses get new center
Small businesses get new center JAKARTA (JP): Dharma Bhakti Astra Foundation, in cooperation with related government institutions and private firms, has established the country's first small business development center in Padang, West Sumatra.
Mon, 25 Aug 1997
Scorned by Malaysia
Scorned by MalaysiaFrom Forum KeadilanOur people, mainly workers, are often scorned in Malaysia.I often wonder what should be done about it without sacrificing the existing good relations between the two countries.
Mon, 25 Aug 1997
House threatens to delay COW deliberations
House threatens to delay COW deliberations JAKARTA (JP): House of Representatives' Commission VI for industry, mining, manpower and investment has threatened to delay deliberations on the seventh generation draft contracts of work (COWs) until the government has resolved the issue of the commission...
Mon, 25 Aug 1997
Building owners reject govt's plan to destroy fences
Building owners reject govt's plan to destroy fences JAKARTA (JP): Owners of high-rise buildings along Jl. M.H. Thamrin are demanding the city review its plan which will tear down fences between buildings to make the street "friendlier".
Mon, 25 Aug 1997
Forensic experts' drug raid role get support
Forensic experts' drug raid role get support JAKARTA (JP): Forensic experts who assisted police in recent drug raids at popular night spots were not acting against the doctors' code of conduct, according to noted expert Mun'im Idris.
Mon, 25 Aug 1997
Move to reconcile E. Timorese families
Move to reconcile E. Timorese families JAKARTA (JP): A Portuguese business delegation has arrived to promote better understanding of their country, and facilitate the reconciliation of East Timorese families.
Mon, 25 Aug 1997
Comics can be 'gateway' to regular reading
Comics can be 'gateway' to regular reading JAKARTA (JP): Comic books can stimulate children's interest in reading, experts said Saturday.Educator Henny Supolo Sitepu, cartoonist Dwi Koendoro, literary critics Sudjoko and Jaya Suprana discussed the effect of comics on children's reading interests...
Mon, 25 Aug 1997
Kids Club to open school in town
Kids Club to open school in town JAKARTA (JP): An international English course for toddlers, the Kids Club, is due to open its first school in Indonesia next month.Marketing director of the Hampshire, England-based course, Elaine Hodgins, said Saturday the new Kids Club school on Jl.
Mon, 25 Aug 1997
Susi wins World Cup for fifth time
Susi wins World Cup for fifth timeBy Primastuti Handayani YOGYAKARTA (JP): Defending champion Susi Susanti of Indonesia grabbed the women's singles title at the Sanyo World Cup badminton championships at Among Rogo sports hall here yesterday.
Mon, 25 Aug 1997
Security guard arrested
Security guard arrested JAKARTA (JP): Anyone who plans to hire security guard services are better off hiring personnel who have been trained by police to guarantee their skills and personal conduct, South Jakarta police chief Lt. Col. Sisno Adiwinoto said over the weekend.
Mon, 25 Aug 1997
PAL says it will suspend Seoul-Los Angeles flights
PAL says it will suspend Seoul-Los Angeles flights MANILA (AFP): Philippine Airlines (PAL) said Saturday it will cancel flights to Los Angeles via Seoul from Sept. 1 because of aircraft restrictions imposed by U.S. aviation authorities.
Mon, 25 Aug 1997
RI bidding to supply Sukhoi spareparts
RI bidding to supply Sukhoi spareparts JAKARTA (JP): Indonesia is sending a team to Moscow today to negotiate the purchase of 12 Sukhoi Su-30Ks, and bid for the right to manufacture the Russian company's spareparts.Minister of Research and Technology B.J.
Mon, 25 Aug 1997
Trust networking in Asia
Trust networking in AsiaBy Bob Widyahartono JAKARTA (JP): Prof. Francis Fukuyama, a Japanese American sociologist, was in town recently upon the invitation of Prasetio Executive Development and the Association of Indonesian Economists.
Mon, 25 Aug 1997
UK's Cook to talk human rights, business in Asia
UK's Cook to talk human rights, business in Asia LONDON (Reuter): British Foreign Secretary Robin Cook starts a visit tomorrow to four Southeast Asian countries to deepen business and political ties while stressing the importance Britain attaches to human rights.
Mon, 25 Aug 1997
Going green
Going green Imperfections notwithstanding, the new environment law, which the House of Representatives passed Friday, is a welcome improvement on the current one, which dates from 1982. While the present law provides for penalties of a maximum of 10 years in prison and/or a Rp 100 million fine for...
Mon, 25 Aug 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 TV Series: Lucan 3:10 TV Drama: Diantara Kita 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Teenagers and their problems 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Sports 6:00 News: Lintasan Berita...
Mon, 25 Aug 1997
No new hotel in Manado
No new hotel in Manado JAKARTA (JP): North Sulawesi's Governor E.E. Mangindaan said that Manado, capital of the province, is temporary closed to any new hotel investment as there are already many star-rated hotels in operation.He said there were five hotels under construction in Manado.