Indonesian Political, Business & Finance News

Archive: 13 September 1997

59 articles found

Toyota prices set to rise

Toyota prices set to rise BANGKOK: The recent devaluation of the baht has forced Toyota to lift prices of its cars in Thailand.The company is planning a price hike of 3 percent for completely knocked-down cars and 6 percent for completely built- up cars.

Champ Els tips aid Nico's return in Ericsson Masters

Champ Els tips aid Nico's return in Ericsson MastersBy Bobby Allen Wilson BINTAN, Riau (JP): South African Nico van Rensburg left scorch marks on the back nine at Bintan Lagoon Golf and Beach Resort yesterday after taking the second round lead in the US$500,000 Asia-Pacific Ericsson Masters.

Official queried over election funds

Official queried over election funds KENDARI, Southeast Sulawesi: A government official here was detained by the local prosecutor's office for allegedly embezzling Rp 186 million (US$65,000) from the May general election fund.

Nurture understanding

Nurture understanding Mr. Al Workman, unfortunately, you tend to make a sweeping generalization (Sept. 12) that relatively few Indonesians exercise personal discretion or initiative. You also brush all Indonesians with a single stroke saying that they lack compassion.

Currency turmoil hits Australian cattle trade

Currency turmoil hits Australian cattle trade SYDNEY (Reuter): Australia's big live cattle trade has been hit by the sharp fall of currencies in Indonesia, the Philippines and Malaysia, the Cattle Council of Australia said yesterday.

Jayapura Bishop becomes expert in balancing roles

Jayapura Bishop becomes expert in balancing rolesBy Lela E. Madjiah He was just like any other young man. A fine house, a beautiful wife, children and a good place in society was all he ever wanted. Yet, fate landed him in a strange land, half way across the world from home. But Jayapura's Bishop H.

University graduates find it hard to get by

University graduates find it hard to get byBy Sri Wahyuni YOGYAKARTA (JP): By training, Marco (not his real name) is a social scientist who graduated from Gadjah Mada University's School of Social Sciences.By trade, he is a newspaper vendor and has been one for over five years.

Finnish UPM and Indonesia's RGM set up alliance

Finnish UPM and Indonesia's RGM set up alliance HELSINKI (Reuter): Finnish UPM-Kymmene said yesterday it was creating a strategic alliance with Singapore-based APRIL Fine Paper, a subsidiary of Indonesia's RGM International, for fine paper production in Europe and Asia.

Flights stopped because of haze

Flights stopped because of haze KUALA LUMPUR (AFP): Malaysia Airlines System called off yesterday more than 10 local flights within the eastern Sabah state on Borneo after heavy rain and thick haze impaired visibility.

Five people killed on Jl. Sudirman crash

Five people killed on Jl. Sudirman crash JAKARTA (JP): Five people died early yesterday morning in a car crash on Jl. Sudirman, Central Jakarta. Two of them were believed to be pedestrians who were hit just before the car smashed into a tree and a street lamp on the median strip.

Next VP civilian or military?

Next VP civilian or military?Amir Santoso JAKARTA (JP): The statement that Juwono Sudarsono, deputy governor of the National Resilience Institute (Lemhanas), made to the effect that civilians will not have the capability to serve as Indonesian's president for at least another five years has become...

Garuda changes routes to better efficiency

Garuda changes routes to better efficiency JAKARTA (JP): National flag carrier Garuda Indonesia has restructured its international and domestic flight routes for the winter season (October-March) in a bid to improve its efficiency and service.

Marubeni enters Manila

Marubeni enters Manila TOKYO (AFP): Japanese trading house Marubeni Corp. is considering entering the banking business in the Philippines by setting up a savings and loan association in a joint venture with a local conglomerate next month, officials said yesterday.

Honda strikes Accord with new U.S.-built car

Honda strikes Accord with new U.S.-built carBy Alastair Doak HONDA importer, PT Imora Motors, is turning its back on Japan and will instead import the American version of the sixth generation Accord.The American model, which is wider and bigger-looking than the Japanese car, is seen as a more...

Indonesia developing 'telemedicine'

Indonesia developing 'telemedicine' JAKARTA (JP): Indonesia is developing a telecommunications network to enable doctors in remote areas to conduct surgery under the guidance of specialists in Jakarta, an official said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: by Nahfud, at the Galeri Cipta II, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, at 10 a.m. to 9 p.m., until Sept. 17. * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor...

Megawati visits fire victims

Megawati visits fire victims JAKARTA (JP): Megawati Soekarnoputri, daughter of the country's first president Sukarno and former chairwoman of the Indonesian Democratic Party, gave donations to fire victims in western Pademangan, North Jakarta, yesterday.

Constantin Drakakis

Constantin DrakakisCorrection: In our caption yesterday, we incorrectly named Greece's ambassador as Constantin Dukakis. He is Constantin Drakakis, Greece's first ambassador to Indonesia. He presented his credentials to President Soeharto at Merdeka Palace yesterday.

New governor told to be consistent in city planning

New governor told to be consistent in city planning JAKARTA (JP): Experts have urged Jakarta's new governor -- who is scheduled to assume office next month -- to be consistent when implementing the city plan in a bid to prevent further overlapping in developments.

Ex-general places trust in civilians

Ex-general places trust in civilians JAKARTA (JP): The Armed Forces (ABRI) most senior figure, Gen. (ret) Abdul Haris Nasution, dismissed speculation yesterday that civilians lacked the necessary skills and abilities associated with becoming presidency.

SEA Games torch to be lit at ASEAN office

SEA Games torch to be lit at ASEAN office JAKARTA (JP): Financial problems have forced the 19th SEA Games organizing committee to move the official torch lighting ceremony from Borobudur temple in Central Java to Jakarta.

Van Dijk reaches semis with another upset

Van Dijk reaches semis with another upset ORANGE, California (Reuter): For the second consecutive day Dutchman Jeroen van Dijk upset one of the world's top 10 players at the U.S. Open Badminton Championships.

Cloud seeding to start in several provinces

Cloud seeding to start in several provinces JAKARTA (JP): The government will begin cloud seeding next week in an attempt to allay the worsening smoke haze enveloping Jambi, Riau and West Sumatra, State Minister of Environment Sarwono Kusumaatmadja said yesterday.

Int'l women's film festival to be held

Int'l women's film festival to be held JAKARTA (JP): A four-day International Women's Film Festival will be staged in Jakarta with the first screening to be held on Sept. 20.The 34 films will be shown at several places, including the Erasmus Huis, the Australian Embassy and the Ministry of Home...

Hun Sen warns UN about Ranariddh

Hun Sen warns UN about Ranariddh PHNOM PENH (AFP): Cambodian strongman Hun Sen warned the United Nations yesterday against letting deposed co-premier Prince Norodom Ranariddh attend the UN General Assembly and defended a cabinet reshuffle which ousted the prince's supporters.

Two die in Bogor van crash

Two die in Bogor van crash JAKARTA (JP): A Bogor inner-city minivan driver and a passenger died when their vehicle rolled into a 15-meter-deep ravine in Buntar River near Jl. Raya Tajur on Thursday night.

Rubber prices fall in KL, stable in Jakarta

Rubber prices fall in KL, stable in Jakarta KUALA LUMPUR (Reuter): Regional competition and a lack of foreign interest drove Malaysian rubber prices to a lower close this week, traders said yesterday.The Malaysian Rubber Exchange and Licensing Board quoted the benchmark RSS1 buyer for October at...

Diana had gracious character

Diana had gracious character On Tuesday, Sept. 2, 1997, two friends and I, out of deep respect for the late Princess of Wales, visited the British embassy to sign the condolence book made available for the public.

Economist predicts lower growth, higher inflation

Economist predicts lower growth, higher inflation JAKARTA (JP): Indonesia will see lower economic growth and higher inflation this year and the next due to the currency turmoil and the prolonged dry season, economist Mari E. Pangestu said yesterday.

Soeharto asks Latief to socialize new labor law

Soeharto asks Latief to socialize new labor law JAKARTA (JP): President Soeharto ordered Minister of Manpower Abdul Latief yesterday to take steps to familiarize the public with the newly endorsed manpower bill before it goes into effect next year.

Ade's grave

Ade's graveCorrection: The story under the headline of Mrs. Nasution opposes removal of Ade's grave, on this page yesterday, mistakenly said "Indonesian Democratic Party" instead of "Indonesian Communist Party". We deeply regret the error. -- Editor

Cheap apartments in Petamburan

Cheap apartments in Petamburan JAKARTA (JP): Construction will begin soon on a six-story building with 100 apartments in the flood-prone Petamburan area in Central Jakarta, according to Mayor Abdul Kahfi.The Rp 3.71 billion (US$1.29 million) project will be erected on a 2.

Heat, high humidity big obstacles in rally championship

Heat, high humidity big obstacles in rally championship JAKARTA (JP): Scorching heat and high humidity over Sumatra's rubber and palm oil plantations will challenge the men and machines trying to conquer the 11th round of the Gudang Garam World Rally Championships next week in Medan.

Collect impounded vehicles: DLLAJ

Collect impounded vehicles: DLLAJ JAKARTA (JP): The owners of vehicles impounded more than 10 year ago by the City Land Transportation Agency (DLLAJ) were urged yesterday to collect them.Saidin Murkana, the head of DLLAJ's equipment bureau, said there were 14 oplet minivans, three pickups, nine...

Again, student brawls

Again, student brawls Student fighting has once again broken out. It was reported that on Tuesday fighting broke out among hundreds of students from the Bogor Agricultural University (IPB). Six students were reported injured and a number of lecture rooms and cars parked nearby were damaged.

Daiwabo halts RI expansion

Daiwabo halts RI expansion TOKYO (Reuter): Daiwabo Co Ltd said yesterday that it has temporarily halted the transfer of spinning and weaving facilities in Japan to its Indonesian factory due to the economic turmoil there.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 12 , 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,100 100 696,000 AHAP Insurance 2,500 0 0 Alter Abadi 1,000 25 7,500 Alumindo Light Metal 800 -50...

Yokogawa hopes to double turnover in SE Asia

Yokogawa hopes to double turnover in SE Asia SINGAPORE (Reuter): Yokogawa Electric Corp said yesterday it expected to double its turnover in Indonesia and other Southeast Asian countries over the next two years to Singapore S$400 million.T.N.

Bakrie raises capital

Bakrie raises capital JAKARTA (JP): An extraordinary meeting of shareholders from listed PT Bakrie & Brothers approved yesterday the company's plan to more than double its authorized capital to Rp 3.87 trillion (US$1.33 billion) from 1.5 trillion.

State-owned fertilizer firms consolidated

State-owned fertilizer firms consolidated JAKARTA (JP): The government consolidated the country's five state-owned fertilizer companies into a single business group yesterday and appointed South Sumatra-based PT Pusri as the holding company.

A new labor law

A new labor law Despite persisting controversy, the labor law which the House of Representatives unanimously approved on Thursday after months of public debate, unquestionably contains some significant improvements over the draft as it was initially presented by the government.

Teenager jailed for robbery

Teenager jailed for robbery JAKARTA (JP): Central Jakarta Court sentenced yesterday a 16- year-old boy to six months in jail for stealing Rp 23,000 (US$7.90) from a woman.Presiding judge A.G. Dewata said Supri robbed Desi Bruri after threatening her with a knife while she was in a bajaj (three-...

ABRI to accept city's decision on Blok P

ABRI to accept city's decision on Blok P JAKARTA (JP): The Armed Forces (ABRI) will not interfere in the Jakarta administration's plan to relocate the Blok P public cemetery, especially the remains of Ade Irma Suryani Nasution.Spokesman Brig. Gen. A.

Brig. Gen. Sjafrie to replace Sutiyoso as military chief

Brig. Gen. Sjafrie to replace Sutiyoso as military chief JAKARTA (JP): As predicted, Jakarta Military Chief of Staff Brig. Gen. Sjafrie Sjamsoeddin will replace his superior, Maj. Gen. Sutiyoso, as the new Jakarta Military commander.Armed Forces (ABRI) spokesman Brig. Gen. A.

Thailand denies end in gas talks with RI

Thailand denies end in gas talks with RI BANGKOK (DPA): Thai Deputy Prime Minister Korn Dabaransri has denied reports that the government has ended negotiations with Indonesia for the purchase of natural gas and joint development of the Natuna gas field, Thai newspapers said yesterday.

Indonesia and Chile form business council

Indonesia and Chile form business council JAKARTA (JP): Indonesia and Chile opened yesterday a business council as part of their long-term plan to boost bilateral trade.Chile's ambassador to Indonesia, Hernan Tassara, said he hoped the newly formed Indonesia-Chile Business Council would help the...

Fire breaks out at Badung market

Fire breaks out at Badung market DENPASAR: A fire broke out at dawn yesterday at the traditional Badung market, destroying five shops and causing an estimated Rp 100 million (US$35,000) in losses.No human casualties were reported in the fire that started at 1:30 a.m.

Mandela sincere but knows less: Lopes

Mandela sincere but knows less: Lopes JAKARTA (JP): Indonesia believes South African President Nelson Mandela is sincere in his efforts on East Timor, but feels he lacks thorough knowledge on the issue, a government official said yesterday.

Buddy, spare me a rupiah, peso, dong ...

Buddy, spare me a rupiah, peso, dong ...By Jonathan Thatcher MANILA (Reuter): Asia has, or had, the world's most dynamic group of economies. It still has most of the world's poor and the way things are going could have more.

UNDP medal

UNDP medal I am envious of Indonesians for having President Soeharto, especially at a time when the leaders of my country (India) and my neighboring country are boasting of having nuclear capabilities, while the poor village women on either side of the border walk kilometers to fetch head-loads of...

Local airlines asked to establish alliance

Local airlines asked to establish alliance JAKARTA (JP): Garuda Indonesia Airlines yesterday invited other domestic carriers in the country to join forces in competing with their international competitors.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:45 Children's Film: The Crystal Maze 3:10 Culture Program: Lingkar Budaya 3:35 Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:30 TV Series 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program...

Balikpapan haze halts flights

Balikpapan haze halts flights BALIKPAPAN, E. Kalimantan: The thick, smoky haze caused by forest fires prompted yesterday the delay of several flights at Sepinggan Airport, an official here said.Sepinggan Airport head Kuntadi said yesterday that two flights from Surabaya and one from the province's...

Entrants in national TV festival announced

Entrants in national TV festival announced JAKARTA (JP): A special committee for the Indonesian Sinetron Festival announced yesterday its selection of television dramas, comedies, documentaries and short films to be included in the December awards.

RP to send 782 athletes to Games

RP to send 782 athletes to Games JAKARTA (JP): The Philippines will send 782 athletes to the coming 19th SEA Games here, the second largest group after Indonesia.There will be 476 men and 306 women in the Philippine team which will be led by Christina M.

Deliberation of bills at hotels under fire

Deliberation of bills at hotels under fire JAKARTA (JP): The deliberation of bills at hotels came under fire yesterday, with two House of Representatives legislators demanding an end to such practices.Oka Mahendra of the Golkar faction and Hamzah Haz of the United Development Party (PPP) expressed...

RI karateka wins bronze at world championships

RI karateka wins bronze at world championships JAKARTA (JP): Indonesian karateka Lia Nurliati won a bronze medal at the world championships in the Philippines Thursday.Lia took the bronze in the women's 48-kilogram individual kumite event after defeating Ami Yap of the Philippines and Uljarevie of...

Alatas to visit Cuba and Venezuela

Alatas to visit Cuba and Venezuela JAKARTA (JP): Minister of Foreign Affairs Ali Alatas will visit Venezuela and Cuba en route to New York to attend the 52nd United Nations General Assembly meeting.Alatas is scheduled to arrive in Caracas on Sept. 15.

Maersk, Bonauli tie up

Maersk, Bonauli tie up JAKARTA (JP): Maersk, the Lee Gardens International group of Hong Kong and Bonauli Real Estate will sign a joint venture agreement to set up a new management company, PT Bonalee Maersk Corporation.