Archive: 28 August 1997
54 articles found
Thu, 28 Aug 1997, 00:00 WIB
Local insurance firm to form satellite risk pool
Local insurance firm to form satellite risk pool JAKARTA (JP): State-owned PT Reasuransi International Indonesia (Reindo) will lead a group of local insurance companies to form a national consortium to tap into the country's growing satellite operations. Reindo's president Munir Sjamsoedin said yesterday his company was inviting Indonesian insurance companies to join the proposed consortium, which would be named National Satellite Risk Pool.
Thu, 28 Aug 1997, 00:00 WIB
Four ex-BI staff named suspects in $301m bank scam
Four ex-BI staff named suspects in $301m bank scam JAKARTA (JP): The City Police have named at least four former employees of Bank Indonesia, the central bank, as suspects in the Rp 800 billion (US$301 million) Bank Perniagaan scam. Officers are still looking for possible roles of other central bank employees, City Police Spokesman Lt. Col. E. Aritonang said yesterday. In an attempt to clarify the crime, police plan to ask the Immigration Office to ban the owner of Bank Perniagaan, Hindoro B.
Thu, 28 Aug 1997, 00:00 WIB
Soeharto warns of possible food crisis
Soeharto warns of possible food crisis JAKARTA (JP): President Soeharto warned the nation yesterday over a possible food shortage due to the long drought which may continue into December. Soeharto ordered related ministers to take necessary measures in ensuring a smooth distribution of food, including sugar, cooking oil, rice and wheat flour, across the country. The government plans to prioritize remote areas, as harvest time is likely to be delayed.
Thu, 28 Aug 1997, 00:00 WIB
Sultan to help currency turmoil
Sultan to help currency turmoil KUALA LUMPUR (Reuter): The Sultan of Brunei Hassanal Bolkiah, considered the world's richest man, has promised to help countries affected by the recent turmoil in regional currencies, Malaysian newspapers said yesterday. The Sultan, who by some estimates is worth around US$40 billion, told Malaysian Prime Minister Mahathir Mohamad that Brunei would work with members of the Association of South East Asian Nations (ASEAN) to resolve the currency problem.
Thu, 28 Aug 1997, 00:00 WIB
El Nino phenomenon affects RI coffee trees
El Nino phenomenon affects RI coffee trees SINGAPORE (Reuter): A drought linked to the El Nino weather phenomenon is blistering Indonesian coffee trees, boosting concern that the 1998 crop will fall and there may be quality problems, regional dealers said yesterday. "We don't expect a good crop," said a dealer for a U.S. commodity house. "This El Nino-related drought is becoming more of a concern for the trade. We haven't seen any significant rain the past two months.
Thu, 28 Aug 1997, 00:00 WIB
Hartono gets ICMI membership
Hartono gets ICMI membership JAKARTA (JP): Minister of Information R. Hartono officially became a member of the Association of Indonesian Moslem Intellectuals (ICMI) yesterday after receiving a membership card from the association's secretary-general. ICMI secretary-general Adi Sasono, accompanied by head of ICMI's Department of Media Communications Development and Foreign Relations Parni Hadi and two other ICMI officials, handed over the ICMI membership card to Hartono at his office.
Thu, 28 Aug 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 27, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 825 125 31,000 AHAP Insurance 2,500 0 0 Alter Abadi 1,000 0 0 Alumindo Light Metal 900 -75 71,000 Alumindo Perkasa 500 0 0 Aneka Kimia Raya 1,000 0 115,000 Anwar Sierad 975 -25 2,500 Apac Centertex Corp.
Thu, 28 Aug 1997, 00:00 WIB
Where to go in Jakarta: Thursday, Aug. 28, 1997
Where to go in Jakarta: Thursday, Aug. 28, 1997 Exhibitions * Painting Exhibition: The Indonesian Fine Arts Foundation - Philip Morris Indonesian Art Awards 1997, at Graha Lukisan, Museum Purna Bhakti Pertiwi, Jl. Taman Mini I, East Jakarta, 9 a.m. to 4 p.m., until Aug. 31. * 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.
Thu, 28 Aug 1997, 00:00 WIB
Resources, space vital for unity
Resources, space vital for unity JAKARTA (JP): The survival of Indonesia as a nation depends greatly on whether all groups of the community, including indigenous people, have adequate living space and access to resources, experts concluded yesterday. Sociologist Loekman Soetrisno, socioeconomic researcher R. Yando Zakaria and anthropologist Parsudi Suparlan explored yesterday the question of national integration and interethnic relations.
Thu, 28 Aug 1997, 00:00 WIB
Woodmac sees $25.5b projects in SE Asia
Woodmac sees $25.5b projects in SE Asia SINGAPORE (Reuter): A total of 54 major oil and gas projects have been identified in Southeast Asia as new field developments, energy consultant Wood Mackenzie (Woodmac) said yesterday.
Thu, 28 Aug 1997, 00:00 WIB
Soros buys $40m in bonds from Datakom
Soros buys $40m in bonds from Datakom JAKARTA (JP): American billionaire and hedge fund manager George Soros has bought US$40 million out of the $250 million in bonds issued by a local telecommunications company, media baron Peter F. Gontha said yesterday. Soros, who Malaysian Prime Minister Mahathir Mohamad blamed for the currency crisis in Southeast Asian countries, bought the bonds recently from PT Datakom Asia, Gontha told newsmen.
Thu, 28 Aug 1997, 00:00 WIB
French tourist cremated
French tourist cremated DENPASAR: The body of a 27-year-old French national who died in a traffic accident will be cremated today in Mumbul, near the tourist resort area of Nusa Dua, 25 kilometers south of here. Antara quoted the chief of the local administration's international bureau, Gus Sumastra, as saying yesterday that Stephane Pierre Pangin's ashes will be handed over to his family after they attend the cremation. Pangin was riding on a motorcycle on Aug.
Thu, 28 Aug 1997, 00:00 WIB
Servicemen should not go into business, Hasnan says
Servicemen should not go into business, Hasnan says JAKARTA (JP): A top military thinker has balked at the idea that servicemen should go into business. "If they're retired, it's a different story. But they should never do so during active military service." said Lt. Gen. (ret) Hasnan Habib in a discussion. According to Hasnan, there is a fundamental difference between servicemen and businessmen. "(No one) does business (for reasons other than) to profit.
Thu, 28 Aug 1997, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Music and Entertainment * Holiday Inn, Jl. Ir. H. Juanda 33, Bandung: - Kebun Bambu Restaurant: Guitar performance, Saturday, 7:45 p.m. to 10:15 p.m. - Braga Bar and Lounge: Jazz live entertainment at 7:30 p.m. to 11:15, featuring Duet Piano and Saxophone, every Tuesday and Thursday, Piano, Saxophone and Bass, Friday, Piano, Saxophone, Bass and Singer, Saturday. - Kutilang: Traditional musics, Kecapi and Suling, daily, 6:30 p.m. to 9:15 p.m.
Thu, 28 Aug 1997, 00:00 WIB
Two firms to sell liquor
Two firms to sell liquor JAKARTA (JP): The Ministry of Trade and Industry has appointed two state-owned companies to handle the import and trade of alcoholic drinks in the country. The appointment of the two companies -- PT Cipta Niaga and PT Dharma Niaga -- ended PT Rajawali Nusantara Indonesia's monopoly, which had been the country's sole importer of alcoholic drinks.
Thu, 28 Aug 1997, 00:00 WIB
Councilor upset over fake documents
Councilor upset over fake documents JAKARTA (JP): A councilor expressed concern yesterday over the many fake documents used by construction contractors handling city development projects. Helmy A.R. Syihab of Commission D for development affairs said the fake documents were produced by municipality officials, who were very open to bribery by developers. The circulation of the bogus documents was allegedly made possible by officials who acted as brokers in the implementation of the projects.
Thu, 28 Aug 1997, 00:00 WIB
Cocoa prices soar to eight-week high
Cocoa prices soar to eight-week high NEW YORK (Reuter): Cocoa prices soared to their highest level in eight weeks on Tuesday amid growing concern that the El Nino weather pattern could put a severe dent in world production. "All the El Nino stories are coming together. Because of potential problems in Indonesia, Malaysia, (Papua) New Guinea, Ecuador and Brazil you could see 200,000 to 300,000 tons in losses," said Smith Barney analyst Walt Spilka.
Thu, 28 Aug 1997, 00:00 WIB
Weimar Ensemble to perform here
Weimar Ensemble to perform here JAKARTA (JP): The Weimar Ensemble for Intuitive Music is scheduled to perform its first Southeast Asian tour concert in Graha Bhakti Budaya, Taman Ismail Marzuki in Cikini, Central Jakarta, on Monday. The next day, Hans Tutschku, a 31-year-old German composer, will give an open workshop for visitors on the use of computers in composing music.
Thu, 28 Aug 1997, 00:00 WIB
Teen's cartoon outrages Palestinian elders
Teen's cartoon outrages Palestinian elders By Khalil Abed Rabbo RAMALLAH, West Bank (AFP): A teenager has raised the anger of top Palestinian self-rule officials and security services with a simple cartoon he submitted to his local paper that struck one of the most sensitive nerves in Palestinian society.
Thu, 28 Aug 1997, 00:00 WIB
KL mulls tough steps to cut account deficit
KL mulls tough steps to cut account deficit KUALA LUMPUR (Reuter): Malaysia said yesterday it would impose tough measures to deal with the current account deficit which is seen widening due to the sharp fall of the ringgit. Deputy Prime Minister Anwar Ibrahim said the government would announce the measures in the next few weeks. "We will see the projections for this year, next year and the following year.
Thu, 28 Aug 1997, 00:00 WIB
Do legislators need crash course?
Do legislators need crash course? By Cornelis Lay YOGYAKARTA (JP): Prospective members of the House of Representatives, elected earlier this year, are enjoying special attention. With the present cabinet nearing the end of its term, a ministry for special assignments has been set up in an unprecedented move to "empower" the new legislators.
Thu, 28 Aug 1997, 00:00 WIB
Two workers crushed to death in Kuningan
Two workers crushed to death in Kuningan JAKARTA (JP): Two construction workers at the Menara 2000 project in Kuningan, South Jakarta, were crushed to death yesterday by a falling drive sheave from a temporary lift. Katijo, 37, a resident of Jl. Aren, Bintaro, South Jakarta and Suwardi, 30, a resident of Srengseng Sawah, East Jakarta, died instantaneously, having been struck on the back of their heads, Ujang Komarudin, a supervisor of the project said.
Thu, 28 Aug 1997, 00:00 WIB
General Motor Buana may raise Opel car prices
General Motor Buana may raise Opel car prices JAKARTA (JP): The Indonesian arm of American automotive giant General Motors has bowed to economic pressure and decided to raise its car prices. President Director of PT General Motors Buana Indonesia (GMBI), William Botwick, told The Jakarta Post yesterday that current prices could only be guaranteed until the end of the week. GMBI currently sells three Opel models, the Blazer sport- utility vehicle, the small Optima sedan and the larger Vectra.
Thu, 28 Aug 1997, 00:00 WIB
Limit presidential term after Soeharto: Siswono
Limit presidential term after Soeharto: Siswono JAKARTA (JP): Minister of Transmigration Siswono Yudohusodo said yesterday that in the post-Soeharto era after 2003, Indonesia should limit a president's tenure to 10 years. Siswono told a seminar on future leadership that Indonesia had in the past 52 years seen only two presidents who both came to power through extraordinary processes.
Thu, 28 Aug 1997, 00:00 WIB
University libraries are put to the test
University libraries are put to the test By Muhartoyo JAKARTA (JP): Do Indonesian university students really need libraries? This question came to mind after a suggestion was made to close college libraries for a week to test whether they lived up to their role as sources of information (The Jakarta Post Aug. 12, 1997). Joseph Luhukay made the suggestion at a workshop organized by Yarsi University.
Thu, 28 Aug 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Documentary Film: Pesona Flona 5:00 Arabic Lessons 5:30 Children's Story: Mutiara Baru 6:00 News: Lintasan Berita 6:05 Science Film 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:35 Cultural Performances: Cakrawala Budaya 8:05 Spectrum 9:00 World News 9:30 Koran Recital 9:42 TV Drama:...
Thu, 28 Aug 1997, 00:00 WIB
Department store rejected
Department store rejected SURABAYA: East Java provincial legislative councilors have rejected a proposal to convert a hockey field on Jl. Darmawangsa into a department store, Antara reported yesterday. The news agency quoted councilor Eddie Budi Prabowo as saying that department stores had no "social function" and that building one in the area would create traffic congestion. He suggested instead that the field be used for the expansion of nearby Dr. Sutomo General Hospital.
Thu, 28 Aug 1997, 00:00 WIB
Reduce TV levies!
Reduce TV levies! From Pikiran Rakyat The community and media have voiced many complaints about TV levies. Some wish the levies would be abolished, others want them reduced. Government-owned TVRI should actually be financed by the state budget. Apparently there is no fund in the budget for TV operations. So, there is a levy on every TV set. The government wants each citizen to obligingly pay the levy.
Thu, 28 Aug 1997, 00:00 WIB
MPR should have 'more than one' president nominee
MPR should have 'more than one' president nominee JAKARTA (JP): Even as support grows for incumbent President Soeharto's renomination for the 1998/2003 presidency, calls began yesterday that the nation be given alternatives. Two political observers and a cabinet minister agreed in separate interviews that next year's presidential election would be even more democratic if it involved more than one candidate.
Thu, 28 Aug 1997, 00:00 WIB
Wholesale market for fruits
Wholesale market for fruits BOGOR (JP): Private developer PT Mayo Waya in cooperation with the Bogor mayoralty is building a fruit, vegetable and other agricultural produce wholesale market at Cibadak, Tanah Sereal. Mayo Waya director R. Sutadi Rusli said the Rp 34 billion (US$12.83 million) project was being built on a 2.5-hectare plot and would have 11,300 kiosks. The ground-breaking ceremony for the construction of the project was held Monday.
Thu, 28 Aug 1997, 00:00 WIB
Sempati closes dozens of regional routes and offices
Sempati closes dozens of regional routes and offices JAKARTA (JP): Private airline PT Sempati Air will terminate 14 domestic and regional routes and 15 representative offices beginning on Sept. 1 as part of the company's restructuring plan. Sempati's spokesman Riza Iskandar told The Jakarta Post here yesterday the flight terminations would continue until the airline showed improvement. "We are still preparing the new fleet plan," he said. Sempati is one of the country's six scheduled airlines.
Thu, 28 Aug 1997, 00:00 WIB
A citizen's view
A citizen's view In the run-up to the 1998 meeting of the People's Consultative Assembly (MPR), many quarters are discussing the draft of the state's policy (GBHN) and necessary assembly decrees. Particularly active are the functional group (Golkar) and political and mass organizations, including the National Defense Institute (Lemhanas) and the Indonesian Armed Forces. One talking point is the importance of re-enforcing MPR Decree No.
Thu, 28 Aug 1997, 00:00 WIB
Reaction mixed to water tariff hike plan
Reaction mixed to water tariff hike plan JAKARTA (JP): City-owned drinking water company PDAM Jaya's proposal to raise water tariffs by up to 12 percent got a mixed response yesterday. The City Council's deputy speaker Ade Surapriatna fully supported the proposal, but Indonesian Consumers Foundation chairwoman Tini Hadad strongly opposed it. Water prices are very cheap here, Ade said.
Thu, 28 Aug 1997, 00:00 WIB
Finnish case not to hurt shoe industry
Finnish case not to hurt shoe industry JAKARTA (JP): The Association of All Indonesian Shoe Industries (Aprisindo) said yesterday the Indonesian shoe industry's image was not tainted by the Finnish government's action to destroy Indonesian-made shoes on charges of copyright violation. "People who don't fully understand the case might misperceive that Indonesian shoemakers have committed piracy.
Thu, 28 Aug 1997, 00:00 WIB
Kardinah goes to and lives with people
Kardinah goes to and lives with people By Irawati Wisnumurti JAKARTA (JP): During the Fourth World Conference on Women in Beijing in 1995, an Indonesia grassroots organization, the Family Welfare Movement (PKK), was internationally recognized for its leading role in a global campaign against illiteracy.
Thu, 28 Aug 1997, 00:00 WIB
GRI's net profit up 36.3%
GRI's net profit up 36.3% JAKARTA (JP): Clothing company PT Great River International (GRI) reported a 36.3 percent net profit rise to Rp 13.9 billion (US$5.14 million) in the first six months this year over the same period in 1996. GRI's director, Soesanto Sahardjo, said yesterday the company's revenue rose 20 percent to Rp 129.7 billion in the same period. He said increasing exports and the company's expansion of marketing networks in the country and abroad had increased sales.
Thu, 28 Aug 1997, 00:00 WIB
SE Asian currencies hit new lows as gloom lingers
SE Asian currencies hit new lows as gloom lingers SINGAPORE (Reuter): Southeast Asian currencies hit new lows yesterday as persistent gloom in regional markets spurred fresh buying of the U.S. dollar. Dollar demand from companies needing to hedge positions in the middle of increased currency volatility also weighed on the market, dealers said.
Thu, 28 Aug 1997, 00:00 WIB
Artist defines common ground between Indonesia and India
Artist defines common ground between Indonesia and India By Pavan Kapoor JAKARTA (JP): Is it possible to be in love with two cultures at the same time? Apparently it is, evident by Nirupama S. Karkhanis' painting exhibition at the World Trade Center here. Karkhanis is from India but has lived for more than a decade in Indonesia, experiencing an affinity for both cultures that is unabashedly unveiled in varied themes of her artwork.
Thu, 28 Aug 1997, 00:00 WIB
Greater role expected from NGOs
Greater role expected from NGOs JAKARTA (JP): Non-governmental organizations are expected to play an increasingly greater role in addressing problems resulting from the fast pace of development, some experts say. Speaking at a seminar on future leadership, legislator Nafsiah Mboi and Malaysian social activist Marina Mahathir agreed yesterday that if NGOs played their roles accordingly, they would contribute to the forming of a strong civil society.
Thu, 28 Aug 1997, 00:00 WIB
Upi adds five points to her elo rating
Upi adds five points to her elo rating JAKARTA (JP): Indonesia's International Master Upi Darmayana Tamin's elo rating has increased five points to 2,215 following her draw in the 13th and final round of the women's grandmaster chess tournament Tuesday. Upi drew with her compatriot IM Maria Lucia in the 10th minute of the Modern opening. With the draw, Upi scored 7.0 Victory Points and increased her elo rating.
Thu, 28 Aug 1997, 00:00 WIB
Shares prices up but rupiah falls
Shares prices up but rupiah falls JAKARTA (JP): The rupiah weakened further yesterday, dropping 100 points against the U.S. dollar amid eased liquidity, while local share prices continued to gain ground, analysts and dealers said. Foreign exchange dealers said rupiah supply was adequate following the maturing of central bank papers totaling Rp 976 billion (US$348.5 million) yesterday and Rp 800 billion Tuesday. "This forced the rupiah to weaken as people started buying dollars again.
Thu, 28 Aug 1997, 00:00 WIB
Canadian globetrotter tours the world with condoms
Canadian globetrotter tours the world with condoms By Ahmad Junaidi JAKARTA (JP): "Say it with condoms" is probably the most suitable way to describe the orders given to a 42-year-old Canadian globetrotter during his short stay in Indonesia. Bertrand Boudreau, who arrived in Jakarta on Aug.
Thu, 28 Aug 1997, 00:00 WIB
Indofood plans expansion
Indofood plans expansion JAKARTA (JP): Publicly listed food-products producer PT Indofood Sukses Makmur plans to open new production facilities worth US$4.9 million in Vietnam. Company president commissioner Sudwikatmono said in Semarang the company would start constructing the plant in the near future and the plant was scheduled to start operation in late 1998. "Vietnam is a big market potential," he was quoted by Antara as saying.
Thu, 28 Aug 1997, 00:00 WIB
Jakarta to study Mandela's talks offer
Jakarta to study Mandela's talks offer JAKARTA (JP): Indonesia appreciates South African President Nelson Mandela's offer to host talks on East Timor, but said yesterday it was still considering whether or not to accept the proposal. "We appreciate it but it hasn't been accepted yet," Ghaffar Fadyl, director of foreign information at the Indonesian foreign ministry, told The Jakarta Post.
Thu, 28 Aug 1997, 00:00 WIB
Meter readers
Meter readers From Pelita I have noticed that my water bills vary little from month to month. Do meter readers from the city water company (PDAM) just guess how much water consumers have used in a given month? Why not just read the figure on the water meter? Once my house was uninhabited for two weeks but the monthly bill was the same, even though the water consumption was much lower. I live in Cianjur, West Java and am connected with PDAM's water network.
Thu, 28 Aug 1997, 00:00 WIB
The credit crunch
The credit crunch It is still too early to gauge whether the value of the rupiah, against the American dollar, has finally bottomed out. True, the speculative attacks on the currency are no longer as fierce or massive as those witnessed during the first three weeks of this month. And the rupiah has been fairly stable at a range of 2,750 to 2,850 over the past four days.
Thu, 28 Aug 1997, 00:00 WIB
Soeharto to open Marlboro Indonesian Grand Prix '97
Soeharto to open Marlboro Indonesian Grand Prix '97 JAKARTA (JP): President Soeharto will open the Marlboro Indonesian motorcycle Grand Prix '97 at Sentul on Sept. 28. Minister of Youth and Sport Affairs Hayono Isman said yesterday that Soeharto said he would open the Grand Prix after a meeting recently.
Thu, 28 Aug 1997, 00:00 WIB
One killed in N. Jakarta clash
One killed in N. Jakarta clash JAKARTA (JP): A group of around 30 people, six of whom were armed with sharp weapons, killed a man and badly injured another in an apparently unmotivated attack in North Jakarta. Mohamad Kadri, 22, suffered a fatal wound in his neck and was stabbed more than 10 other times elsewhere in his body. Hidayat, who was stabbed in his left hand, said he and his four friends had no idea why they were attacked by the gang led by Engkos Kasmuri from a neighboring subdistrict.
Thu, 28 Aug 1997, 00:00 WIB
Sogo to open three more outlets early next year
Sogo to open three more outlets early next year JAKARTA (JP): PT Panen Lestari Internusa, owner and operator of the Sogo Department stores in Indonesia plans to open three more Sogo outlets -- two in Jakarta and one in Surabaya, East Java -- early next year. Director of Panen Lestari Internusa, Sutrisno, said yesterday the expansion was part of the company's strategy to tap into the growing middle class in the country's major cities.
Thu, 28 Aug 1997, 00:00 WIB
Juvenile penitentiary opens special schools
Juvenile penitentiary opens special schools JAKARTA (JP): The country's only juvenile penitentiary, in Tangerang, has started running special schools for its young prisoners, according to its warden. Daniel Ginting told a group of visitors Tuesday that the schools, ranging from elementary to high schools, was also open to "older" prisoners, such as those in their 20s, from other jails.
Thu, 28 Aug 1997, 00:00 WIB
Kalimantan smoke causes ailments
Kalimantan smoke causes ailments PALANGKARAYA, Central Kalimantan: Smoke from bushfires here has increased the number of patients of respiratory ailments by 35 percent, an official said yesterday. Head of the local office of the Ministry of Health Fauzi Darwis told Antara that the patients' main complaints were of the lingering coughs and colds.
Thu, 28 Aug 1997, 00:00 WIB
Dollar soars, halting golf events in Thailand
Dollar soars, halting golf events in Thailand BANGKOK (Agencies): Golf has become the latest victim of Thailand's economic crisis, with at least three Thai PGA Tour golf tournaments canceled after sponsors pulled out because of financial difficulties, a Thai PGA official said Wednesday. Three tournaments with total purses of 5.5 million baht (US$181,800) were canceled and a fourth worth 1.5 million baht might also be pulled, said Thai PGA secretary general Pongnat Vatanasak.
Thu, 28 Aug 1997, 00:00 WIB
Loral eyes Asian satellite mart
Loral eyes Asian satellite mart SINGAPORE (Reuter): Asia-Pacific telecommunications demand is growing so fast the region will soon dominate the world's satellite market, American satellite-maker and operator Loral Space & Communications said yesterday. Hank Stackpole, president of the company's Asia-Pacific arm, Loral Asia Pacific, said the region would have up to 90 satellites in orbit by 2006, worth around US$10.5 billion.
Thu, 28 Aug 1997, 00:00 WIB
Second fire at Mulia Senayan Hotel
Second fire at Mulia Senayan Hotel JAKARTA (JP): A fire broke out yesterday on the fifth floor of the Mulia Senayan Hotel, which is being built to accommodate athletes and officials during the upcoming SEA Games. No fatalities were reported in the second blaze at the site in four weeks but the fire caused major traffic congestion on Jl. Asia Afrika near the Senayan stadium in Central Jakarta where the building is located.