Archive: 10 September 1997
62 articles found
Wed, 10 Sep 1997, 00:00 WIB
Soeharto orders end to land clearing activity
Soeharto orders end to land clearing activity JAKARTA (JP): President Soeharto ordered State Minister of Environment Sarwono Kusumaatmadja yesterday to stop land clearing activities across the country which used slash-and-burn methods. Describing this year's drought as one of the most severe in 50 years, Sarwono said at least 300,000 hectares of forest mostly in Sumatra and Kalimantan had been burned in the last three months.
Wed, 10 Sep 1997, 00:00 WIB
Kadin urges fair treatment
Kadin urges fair treatment JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) yesterday called on the government to pursue a transparent incentives policy and quickly ease liquidity to inject life into businesses. The chamber said after a national coordinating meeting of its executives here that the government should now develop a transparent policy to deal with a high-cost economy.
Wed, 10 Sep 1997, 00:00 WIB
Hero Utomo Kuntjoro-Jakti dies
Hero Utomo Kuntjoro-Jakti dies JAKARTA (JP): Dr. Hero Utomo Kuntjoro-Jakti, one of Indonesia's leading international relations experts and director of the Center for Japanese Studies at the University of Indonesia, passed away Monday night at the age of 51. He died at Cipto Mangunkusumo Hospital three days after surgery on an ulcer. He was buried yesterday morning at a family cemetery in Rangkasbitung, Banten, West Java, yesterday morning.
Wed, 10 Sep 1997, 00:00 WIB
More rice fields damaged
More rice fields damaged UJUNGPANDANG, S. Sulawesi: An official from the agricultural office in South Sulawesi said that 7,000 of 340,000 hectares of rice fields have suffered crop failure due to the prolonged dry season. However, the damage would not threaten the food supply of the province, A. Halim Palloge said. He said the surplus from annual rice production of the province and its contribution toward the national food supply could still be maintained.
Wed, 10 Sep 1997, 00:00 WIB
AirAsia to add flights to Indonesia
AirAsia to add flights to Indonesia KUALA LUMPUR (JP): Malaysian airline AirAsia Sdn. Bhd. says it plans to add more flights to Indonesia, to destinations other than Jakarta. General Manager Mohd. Nazri Mahajar said here over the weekend it would probably offer two more flights, to Bali and Medan, North Sumatra. "We are optimistic that we will have the two additional flights to Indonesia by next year," Nazri said.
Wed, 10 Sep 1997, 00:00 WIB
Improve public service: Soeharto
Improve public service: Soeharto JAKARTA (JP): President Soeharto asked public service agencies to jointly publish a guide book detailing their activities. He said the book would help improve the quality of relations between the government and the people because it would explain the services available to them.
Wed, 10 Sep 1997, 00:00 WIB
ASEAN economics -- recovery or retreat?
ASEAN economics -- recovery or retreat? By David Harries JAKARTA (JP): These are tough times for ASEAN. The only countries not deep in trouble on the money front are those whose currencies have value only within their own borders. Everywhere else, devaluation has raised the price of golf, karaoke can't avoid the blues, and dialog is painful; it's hard to avoid talking about a crisis that makes the future seem far less bright and certain than was the case only a few short months ago.
Wed, 10 Sep 1997, 00:00 WIB
Australia live cattle exports to SE Asia fall
Australia live cattle exports to SE Asia fall SYDNEY (AFP): Live cattle exports to Australia's important Southeast Asian markets have dropped dramatically since several regional currencies crashed to record lows, an industry spokesman said yesterday. The Australian Livestock Exporters Council painted a grim picture of the situation facing Australia's live cattle exporters and warned some could be driven from the market.
Wed, 10 Sep 1997, 00:00 WIB
Sanitation key to wiping out worms
Sanitation key to wiping out worms JAKARTA: Health officials warned yesterday that a pure medical remedy to eradicate worm infestation and disease was not sufficient, but required a change in people's daily attitude towards personal hygiene and environmental sanitation. Head of the Ministry of Health Directorate for Public Nutrition Supervision, Dr. Benny A.
Wed, 10 Sep 1997, 00:00 WIB
Habibie says Sukhoi jet fighters costly
Habibie says Sukhoi jet fighters costly JAKARTA (JP): State Minister of Research and Technology B.J. Habibie reiterated yesterday the high price that the government would eventually have to pay for its decision to buy Sukhoi jet fighters. Habibie said at a hearing with the House of Representatives Commission X for research and technology that the government should be willing to allocate more funds to the state budget to pay for maintenance of the Russian-made aircraft.
Wed, 10 Sep 1997, 00:00 WIB
Bakrie International gets BBB- rating
Bakrie International gets BBB- rating JAKARTA (JP): The Japan Bond Research Institute (JBRI) has assigned a BBB- rating to the foreign currency notes (euro notes) of Bakrie International Finance Company B.V to be issued under the Medium Term Notes Program. JBRI has also assigned a BBB- rating to PT Bakrie and Brothers' rupiah notes to be issued under the same program.
Wed, 10 Sep 1997, 00:00 WIB
Asian aluminum demand to slow after currency crises: Analyst
Asian aluminum demand to slow after currency crises: Analyst RIO DE JANEIRO (Reuter): Recent currency devaluations in key Asian economies should help cause a slowdown in regional aluminum consumption through 1998 but demand is still unlikely to fall, industry analyst Adam Rowley said.
Wed, 10 Sep 1997, 00:00 WIB
Toyota opens new plant
Toyota opens new plant JAKARTA (JP): Toyota Astra Motor officially opened a stamping- dies plant yesterday to increase its manufacturing operation in the tooling, engineering and production preparation. The company said yesterday the new plant, built on a 1,100 square meter plot of land, would be able to produce 100 tons of stamping dies a month. The company spent Rp 33.5 billion (US$11.55 million) on the project, including the construction of a new poly shop and die making shop.
Wed, 10 Sep 1997, 00:00 WIB
Death sentence against Lt. Sanurip upheld
Death sentence against Lt. Sanurip upheld JAKARTA (JP): The Surabaya High Military Tribunal in East Java has upheld a death sentence against an Army Special Forces officer convicted of killing 16 people in a shooting spree in Timika, Irian Jaya, last year. The spokesman for Trikora Regional Military Command, Col. Mangatas Pandjaitan, said the tribunal upheld the sentence against Second Lt. Sanurip on June 18. Antara reported that Sanurip's defense lawyers would appeal to the Supreme Court.
Wed, 10 Sep 1997, 00:00 WIB
Diarrhea kills five, infects thousands
Diarrhea kills five, infects thousands BANJARMASIN, South Kalimantan: Five people died and 12,340 others suffered from diarrhea in South Kalimantan during an outbreak of the ailment between January and July this year, an official said here over the weekend. "That was an increase of 5 percent over an outbreak that occurred in the same period last year," head of the provincial health office, Dr. Soejono MD, was quoted by Antara as saying. He blamed a shortage of clean water for the pandemic.
Wed, 10 Sep 1997, 00:00 WIB
At least 7 die in attack on Chinese vessel in S. Lanka
At least 7 die in attack on Chinese vessel in S. Lanka COLOMBO (AFP): Sri Lanka's Tamil Tiger guerrillas set ablaze a Chinese cargo carrier yesterday and killed at least seven people on board, marking an escalation in attacks against foreign vessels, officials said. Gunmen of the Liberation Tigers of Tamil Eelam (LTTE) opened fire on the 34,000-ton M.V.
Wed, 10 Sep 1997, 00:00 WIB
KL lifts freeze on foreign maids
KL lifts freeze on foreign maids KUALA LUMPUR (AFP): Malaysia has been forced to lift its recently imposed freeze on the intake of foreign maids due to the high demand for domestic helpers, reports said yesterday. "We will allow employers to recruit maids from Indonesia, Cambodia, Thailand and the Philippines," deputy Home Minister Tajol Rosli Ghazali was quoted as saying by the New Straits Times news paper.
Wed, 10 Sep 1997, 00:00 WIB
Rupiah to ease slightly by year-end, says poll
Rupiah to ease slightly by year-end, says poll SINGAPORE (Reuter): The Indonesian rupiah is expected to decline slightly by the year-end with a Reuter poll of 12 analysts and foreign exchange dealers in Jakarta and Singapore producing a median prediction of 2,965 to the dollar. At 0530 GMT the rupiah was quoted was quoted at 2,890/2,910.
Wed, 10 Sep 1997, 00:00 WIB
Chaine des Rotisseurs concocts archipelagic potpourri
Chaine des Rotisseurs concocts archipelagic potpourri By Bruce Emond JAKARTA (JP): It was time to check all dietary proscriptions at the door on a visit to one of the bimonthly get-togethers of Chaines des Rotisseurs. Food, glorious food is always atop of the agenda for the organization, whose pursuit of the best culinary delights harks back to the era when food was not a dirty word.
Wed, 10 Sep 1997, 00:00 WIB
Appreciation of literature lacking
Appreciation of literature lacking SEMARANG, Central Java: Scholar Ajip Rosidi lamented Monday the lack of appreciation for literature among Indonesians. He pointed out that in the 1950s, Balai Pustaka, the nation's oldest publisher, often sold out a first print of 5,000 books within two months. But now, according to Ajip, the publisher would be lucky to sell even 1,000 copies. (har)
Wed, 10 Sep 1997, 00:00 WIB
Total joins RI power plant
Total joins RI power plant PARIS (Reuter): French oil group Total said on Monday that it signed an agreement with state-owned Electricite de France and Indonesia's state electricity company PLN to build a 200 megawatt natural-gas fired power plant in the Jambi region of southern Sumatra.
Wed, 10 Sep 1997, 00:00 WIB
Petojo Ilir market traders upset over kiosk demolition
Petojo Ilir market traders upset over kiosk demolition JAKARTA (JP): Traders from Petojo Ilir market in Central Jakarta expressed their anger yesterday over the demolition of their kiosks. Dozens of workers from the city-owned market operator PD Pasar Jaya, guarded by 500 police and military officers, started demolishing the 829 kiosks in the market on Monday. Masri, a spokesman for the traders, said yesterday that the traders could do nothing but watch the demolition process.
Wed, 10 Sep 1997, 00:00 WIB
Jet Air goes international
Jet Air goes international NEW DELHI (AFP): A private domestic Indian airline with an accident-free record may start flying on international routes, The Times of India newspaper reported yesterday. Jet Air, one of the few successful private carriers in India, has sought permission to go international, it said. Jet Air has a fleet of 12 aircraft, including Boeing 737-400s and Boeing 737- 500s.
Wed, 10 Sep 1997, 00:00 WIB
City govt will rebuild Bulungan
City govt will rebuild Bulungan JAKARTA (JP): Governor Surjadi Soedirdja has rejected the idea of allowing private developers to rebuild the Bulungan youth stadium in South Jakarta. "Funds for the rebuilding plan must be taken from the city's budget," Surjadi said after attending a City Hall meeting on the project on Monday. The governor fears that if private developers take over the project -- which is located on a 12,450 square meter plot on Jl.
Wed, 10 Sep 1997, 00:00 WIB
Government set to ban controversial chat lines
Government set to ban controversial chat lines JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications is ready to block chat line services and deal firmly with local agents of callback services, a senior official said yesterday. Director General of Post and Telecommunications Djakaria Purawidjaja said his office is technically able and ready to block chat lines, a "friendship" telecommunications service provided by overseas operators which has sparked controversy in Indonesia.
Wed, 10 Sep 1997, 00:00 WIB
Awards for good services
Awards for good services BOGOR (JP): PDAM Bogor water company and the Bogor branch of West Java Province-owned Bank (BPD) have been awarded Abdi Satya Bhakti awards for their achievements in services. The awards, which were handed over by President Soeharto at the State Palace yesterday, were paraded around Bogor by Bogor Mayor Eddy Gunardi earlier in the day. It is the third Abdi Satya Bhakti award PDAM Bogor has won since 1995, and BPD Bogor's first, Eddy said.
Wed, 10 Sep 1997, 00:00 WIB
Further talks urged for Blok P cemetery removal
Further talks urged for Blok P cemetery removal JAKARTA (JP): A councilor strongly urged the city administration yesterday to further discuss with the city council its plan to change the designated land use of the Blok P cemetery in South Jakarta. "If there's a change, the administration should consult with us. They can't just make their own decisions," said Councilor Saud Rachman of Commission D for development affairs.
Wed, 10 Sep 1997, 00:00 WIB
Man arrested with 25,750 Ecstasy pills
Man arrested with 25,750 Ecstasy pills JAKARTA (JP): Police have detained a man for allegedly being involved in the smuggling of 25,750 Ecstasy pills and 15 grams of Ecstasy powder from Europe to Indonesia, a customs official said yesterday. The head of Soekarno-Hatta International Airport's Customs Inspection Office, Nisfu Chasbullah, said the man, identified only as ST, was arrested on Aug. 31 when he arrived at Terminal D to pick up an abandoned suitcase which contained drugs.
Wed, 10 Sep 1997, 00:00 WIB
Deregulation of RI shipping too late
Deregulation of RI shipping too late SINGAPORE (Reuter): The deregulation of Indonesia's shipping industry has come too late, prompting Samudera Shipping Line (SSL) to seek expansion funds in Singapore, company officials said yesterday. The wholly-owned subsidiary of the Samudera Indonesia Group has obtained approval from the Stock Exchange of Singapore for a primary listing on SESDAQ, its second board, and is hoping to offer its Singapore-dollar shares later September.
Wed, 10 Sep 1997, 00:00 WIB
Bowling team to train despite disagreement
Bowling team to train despite disagreement JAKARTA (JP): Indonesia's 19th SEA Games bowling team have agreed to continue training despite a disagreement with their team manager. The 10 athletes agreed to continue their program in a meeting with Games training director Djoko Pramono on Monday. They said Sunday that they would submit a petition to the bowling team manager because of disagreements at the training center.
Wed, 10 Sep 1997, 00:00 WIB
RI commits to servicing foreign debt
RI commits to servicing foreign debt JAKARTA (JP): Minister of Finance Mar'ie Muhammad reaffirmed yesterday the government's strong commitment to meeting all its foreign debt obligations on schedule despite the rupiah's sharp depreciation. "We even intend to continue amortizing the high interest- portion of our debts ahead of their maturity dates as we have done in previous fiscal years," Mar'ie told the House of Representatives.
Wed, 10 Sep 1997, 00:00 WIB
Former De Mono employee tried
Former De Mono employee tried JAKARTA (JP): A former employee of De Mono cooperative faced Central Jakarta Court yesterday on charges of deception for allegedly tricking a woman into paying Rp 23 million (US$7,666). The victim, Elly Latief, said in her indictment that she wrote a check for the cost of a minivan from the cooperative and gave it to the defendant, Mansur Tidore, in May. "But I never got the car," she said.
Wed, 10 Sep 1997, 00:00 WIB
Toll road operator won't seek increase in tariffs
Toll road operator won't seek increase in tariffs JAKARTA (JP): Toll road operator PT Citra Marga Nusaphala Persada (CMNP) has promised not to ask for an increase in tolls despite the sharp fall in the rupiah against the U.S. dollar, a minister said here yesterday. Minister of Public Works Radinal Moochtar said the toll road operator would not ask for a tariff increase until the monetary situation returned to normal.
Wed, 10 Sep 1997, 00:00 WIB
Airports close due to haze
Airports close due to haze BATAM, Riau: Several airports in Sumatra and surrounding areas were again closed Monday due to thick haze from incessant forest fires. Antara reported that Hang Nadim Airport on Batam Island was closed for four hours Monday morning due to haze that limited visibility. Meanwhile at Tabing Airport in Padang, West Sumatra, planes were not allowed to take off until after 3 p.m. For most of the morning visibility was limited to less than 1,000 meters. (mds)
Wed, 10 Sep 1997, 00:00 WIB
Hottest bridge sextet loses
Hottest bridge sextet loses By Djanwar Madjolelo JAKARTA (JP): The squad captained by Seymon Deutsch shot to a big first-quarter lead on their way to a 146-109 victory in the Vanderbilt Knockout Team Spring NABC 1996 over the hottest team in bridge, the Nick Nickell sextet. Seymon Deutsch played with Zia Mahmood, Michael Rosenberg, Chip Martel and Lew Stansby.
Wed, 10 Sep 1997, 00:00 WIB
Govt officials, observers differ on presidency
Govt officials, observers differ on presidency JAKARTA (JP): Government officials opposed yesterday the recent suggestion that civilians were not as qualified as those with a military background to lead the country and would not be ready for at least another five years. State Minister of Research and Technology B.J. Habibie insisted that civilians were more deserving of the top post on grounds that they made up the majority of Indonesia's population.
Wed, 10 Sep 1997, 00:00 WIB
Constitution not specific on presidential term
Constitution not specific on presidential term By Sri Wahyuni YOGYAKARTA (JP): To limit or not to limit? This question has caused political and legal experts to lock horns following a minister's recent remark that Indonesia needs to limit a president's term in office in the post-Soeharto era.
Wed, 10 Sep 1997, 00:00 WIB
Jakartans' expectations and hopes for their new governor
Jakartans' expectations and hopes for their new governor JAKARTA (JP): As predicted, City Military Commander Maj. Gen. Sutiyoso easily defeated the other two nominees in yesterday's selection to become Jakarta's next governor. He received 62 votes (or 82.67 percent) from the 75 ballots submitted by City Council members in a plenary meeting. If everything goes well, outgoing Governor Surjadi Soedirdja will hand over his duty to the eighth governor, Sutiyoso, next month.
Wed, 10 Sep 1997, 00:00 WIB
Enzyme producer to build center
Enzyme producer to build center BOGOR, West Java: The Bogor Institute of Agriculture (IPB) and the San Diego-based Diversa Corp signed a cooperation agreement on bioprospecting. Under the agreement, Diversa, an enzyme manufacturer, will build a center for microbial diversity, provide equipment and train researchers. In turn, the company will have the right to use enzymes developed by the institute for commercial purposes after paying royalties.
Wed, 10 Sep 1997, 00:00 WIB
SE Asian currencies tread water as dollar sinks
SE Asian currencies tread water as dollar sinks SINGAPORE (Reuter): Southeast Asian currencies stayed afloat yesterday as the U.S. dollar fell sharply against the yen and regional stock markets clambered further out of the depths. The dollar toppled below the key 120 yen level and hit a low of 118.40 yen on growing concerns that Japan may come under fire at a Group of Seven meeting later this month due to its weak economy and rising trade surplus.
Wed, 10 Sep 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 9, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,000 100 254,500 AHAP Insurance 2,500 0 0 Alter Abadi 1,000 25 1,000 Alumindo Light Metal 925 25 647,500 Alumindo Perkasa 600 0 0 Aneka Kimia Raya 1,025 50 444,000 Anwar Sierad 975 0 168,500 Apac Centertex Corp.
Wed, 10 Sep 1997, 00:00 WIB
Banda Aceh wins Coca-Cola Cup
Banda Aceh wins Coca-Cola Cup JAKARTA (JP): Banda Aceh won the Under-16 Coca-Cola Cup soccer tournament defeating Jakarta 4-2 in penalty shootouts. The tournament was held in Banda Aceh on Monday to commemorate National Sports Day. Neither team scored a goal in the 90 minutes of the match. Banda Aceh scored the four goals through Zulkifli Nurdin, Nufiar Rusli, Dodi Triwahyudi and Sunardi Sudirman while the two Jakarta goals came from Abdulrahman Wakang and Mulyadinata.
Wed, 10 Sep 1997, 00:00 WIB
Harmoko stakes claim to House speaker post
Harmoko stakes claim to House speaker post JAKARTA (JP): Golkar chairman Harmoko staked his claim yesterday for the position of House speaker, asserting that "political logic" dictated that the winner of the general election should be elected as leader of the legislative body. "As an Indonesian citizen I am ready to carry out any assignment for the interest of the nation," Harmoko said after meeting with President Soeharto at Merdeka Palace.
Wed, 10 Sep 1997, 00:00 WIB
Thai helicopter 'shot down'
Thai helicopter 'shot down' BANGKOK (AP): Myanmar dissidents in Bangkok said yesterday a Thai army helicopter that disappeared near the Myanmar border last month was shot down by the Myanmar army. Its four-man crew was killed in the crash, they said. Naing Aung, chairman of the All Burma Students Democratic Front, said the information came from Myanmar army radio messages intercepted by several insurgent units along the border. Burma was then name of Myanmar.
Wed, 10 Sep 1997, 00:00 WIB
Myanmar is ASEAN's test case
Myanmar is ASEAN's test case By Rizal Sukma JAKARTA (JP): Before the Association of Southeast Asian Nations (ASEAN) decided to accept Myanmar as a member, there had been concerns raised that the country's membership in the Association would pose a number of challenges, if not problems, for ASEAN. There were differences in opinion, especially between ASEAN and Western countries, on the question whether Myanmar was "suitable" or not to become a member of ASEAN. The West (especially, the U.S.
Wed, 10 Sep 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Estetika 5 Ekspresi, at Hilton Executive Club, Jl. Gatot Subroto, South Jakarta, 9 a.m. to 9 p.m., Sept. 10. * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor Gallery, Jl. Gunung Sahari Raya No.1 Blok B 13-14 Central Jakarta, 9 a.m. to 8 p.m., until Sept. 14. * Painting Exhibition: by Sri Hadhy, Tulus Warsito, Sukriyal Sadin and Kristiyanto at Hotel Kristal Jl.
Wed, 10 Sep 1997, 00:00 WIB
Spotlight
Spotlight Photo A: Surono JP/oby SEPTUAGENARIAN SHARER: Former coordinating minister for social welfare Surono (second right), accompanied by his wife (right), cuts a rice cone at a ceremony marking his 74th birthday in Jakarta. Coordinating Minister for Political Affairs and Security Soesilo Soedarman attended the gathering, which was preceded by the launching of Surono's autobiography, last Saturday.
Wed, 10 Sep 1997, 00:00 WIB
Bedugul power project faces strong criticism
Bedugul power project faces strong criticism JAKARTA (JP): A senior environmental expert criticized yesterday the government's decision to allow the development of a geothermal power plant in Bedugul, Bali, saying the power project would have a negative impact on the environment. Emil Salim, a former minister of environment, said the geothermal power plant violated the environmental law which prohibits investors from opening a business project in a natural reserve area such as Bedugul.
Wed, 10 Sep 1997, 00:00 WIB
Foreign investors in BSD project
Foreign investors in BSD project JAKARTA (JP): French company Carefour and South Korean firm Lotte plan, respectively, to build a large-scale wholesale center and a shopping and recreation center at the Bumi Serpong Damai (BSD) satellite city in Tangerang. Budiarsa Sastrawinata, president of PT Bumi Serpong Damai, said in a statement yesterday that the construction of Carefour's wholesale center, billed to be the largest in Indonesia, is expected to start early next year.
Wed, 10 Sep 1997, 00:00 WIB
Marine information center to be built
Marine information center to be built JAKARTA: Spain will help build a marine information center in the Central Java coastal town of Cilacap in a bid to help develop Indonesia's marine resources, a minister said. Spain chose Cilacap because the town had a reliable port in Tanjung Inten, Coordinating Minister for Political Affairs and Security Soesilo Soedarman said after meeting with President Soeharto at Merdeka Palace on Monday. The President heads the National Marine Council, Antara reported.
Wed, 10 Sep 1997, 00:00 WIB
Jababeka expands estate
Jababeka expands estate JP/alx Minister of Industry and Trade Tunky Ariwibowo officially started yesterday construction of the Jababeka-Cilegon Industrial estate. PT Kawasan Industri Jababeka president Ismail Sofyan, said the first phase, covering 200 hectares, was expected to be completed in 1998. "The premarketing activities have been underway since the middle of the year. The entire project is expected to be completed by 2006," he said after the project's groundbreaking ceremony.
Wed, 10 Sep 1997, 00:00 WIB
Man arrested for arson
Man arrested for arson JAKARTA (JP): A 25-year-old man has been arrested for allegedly setting his family's house alight, police said yesterday. City Police spokesman Lt. Col. E. Aritonang said yesterday the alleged arsonist, Eng Hin, set his father's house in Tangerang alight because he had prohibited him from marrying his girlfriend. Eng Hin had often threatened to burn the house whenever he and his father argued about his wish to marry his girlfriend, Aritonang said.
Wed, 10 Sep 1997, 00:00 WIB
BI cuts rates further as rupiah and stocks stable
BI cuts rates further as rupiah and stocks stable JAKARTA (JP): Bank Indonesia, the central bank, cut interest rates again yesterday on its short-term papers (SBIs) by 100 to 200 basis points to drive down high interest rates in the banking system. The central bank's move, however, did not influence stock and currency markets as they were prepared for such a cut, bank dealers and stock analysts said.
Wed, 10 Sep 1997, 00:00 WIB
Maj. Gen Sutiyoso wins Jakarta gubernatorial election
Maj. Gen Sutiyoso wins Jakarta gubernatorial election JAKARTA (JP): In an unsurprising move, more than 80 percent of city councilors voted for Jakarta Military Commander Maj. Gen. Sutiyoso to become the next governor of Jakarta. The final tally revealed that 62 of the 75 councilors chose Sutiyoso while the remaining 13 members voted for the other two candidates. Legislator Achmadi received eight nominations and Tb.M.
Wed, 10 Sep 1997, 00:00 WIB
An intercultural how-to guide for managers
An intercultural how-to guide for managers Kunci Budaya: Business in Indonesia, The Key to Success By Thomas Brandt goasia Verlag, 1997 252 pages JAKARTA (JP): It is quite a paradox that Indonesia's rich culture has acted as a formidable magnet for international tourists, yet at the same time, it is seen as an obstacle to doing business in the country.
Wed, 10 Sep 1997, 00:00 WIB
Agency forecasts rain for October
Agency forecasts rain for October JAKARTA (JP): Indonesia is forecast to have its hottest day on Sept. 22 this year but long-awaited rains are expected to pour in many parts of the country in October and November, the Meteorology and Geophysics Agency announced yesterday. The head of the agency, Sri Diharto, urged people to prepare for a possible average air temperature of 37 degrees Celsius on Sept. 22 when the sun will be directly over the equator.
Wed, 10 Sep 1997, 00:00 WIB
RI pilot dies in Turkey
RI pilot dies in Turkey ANKARA (Reuter): The Indonesian pilot of a microlight aircraft due to compete in the World Air Games died when the craft crashed during a practice session in western Turkey, the games' organizing committee said yesterday. Sumanto Soemitro was conducting a test-flight near the town of Aydin Monday when the aircraft suddenly plunged toward the ground from an altitude of between 180 and 240 meters.
Wed, 10 Sep 1997, 00:00 WIB
Inaugural Ericsson Masters tees-off in world class style
Inaugural Ericsson Masters tees-off in world class style By Bobby Allen Wilson BINTAN, Riau (JP): Asia-Pacific pro golfers will get to see the Jack Nicklaus-designed Championship Course at Bintan Lagoon Golf Resort here when the US$500,000 Asia-Pacific Ericsson Masters tees-off tomorrow.
Wed, 10 Sep 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Educational Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:35 Entrepreneurship Program: Mitra Kita 8:05 Entertainment: Memes, Yana, Chintami, etc.
Wed, 10 Sep 1997, 00:00 WIB
Hungarian bus maker wins $60-million deal
Hungarian bus maker wins $60-million deal JAKARTA (JP): Hungarian Ikarus Vehicle Manufacturing Co said yesterday it had secured a contract to sell 100 gas-fueled buses to the state-owned transportation company PPD. Ikarus's president Gabor Szeles said the buses were ordered by the Ministry of Transportation and would soon be delivered to PPD. The US$60 million contract was signed Monday, he said.
Wed, 10 Sep 1997, 00:00 WIB
Economic reform package
Economic reform package The government's package of measures that includes steps to boost the stock market, cut budget spending, raise luxury tax and cleanse the banking industry of unsound banks is welcome. This could prevent the country from plunging into a worse financial crisis. Probably, the worst affected in the present crisis are expatriates who bought stocks in the Jakarta Stock Exchange from hard-earned salary income. Compared to friends who had U.S.
Wed, 10 Sep 1997, 00:00 WIB
Mandela says East Timor should be given autonomy
Mandela says East Timor should be given autonomy JOHANNESBURG, South Africa (Agencies): South African President Nelson Mandela said yesterday the former Portuguese colony of East Timor should be awarded autonomy from Indonesia to end conflict over the territory. "As you know I went to Indonesia and I had discussions with President Soeharto on the situation in East Timor," Mandela said.