Indonesian Political, Business & Finance News

Archive: 22 September 1997

47 articles found

Obituary

Obituary JAKARTA (JP): Indonesia lost two senior figures over the weekend -- Teuku M. Hasan, one of the architects of the 1945 Constitution preamble, and Suhartoyo, a former ambassador to Britain.Suhartoyo died on Saturday morning at Mitra Keluarga Hospital at the age of 71.

Boiler association seeks tax incentives: Secretary

Boiler association seeks tax incentives: Secretary JAKARTA (JP): Local producers of boiler and pressure vessels say they need a tax incentive to enable them to compete with foreign suppliers.The Association of Indonesian Boilers and Pressure Vessels Producers (AKUBBI) said here over the weekend...

Ciliwung-Cisadane tunnel to go ahead: Minister

Ciliwung-Cisadane tunnel to go ahead: Minister JAKARTA (JP): The construction of a one-kilometer tunnel connecting the upstream sections of Ciliwung River and Cisadane River in Bogor, West Java, will proceed as scheduled despite the current monetary crisis, according to the Ministry of Public Works.

Drink seller killed over debt

Drink seller killed over debt JAKARTA (JP): A debt of Rp 2,000 (65 U.S. cents) has cost a street vendor his life.Saripin, 40, a coconut drink seller at the busy Tanah Abang market in Central Jakarta, was stabbed in the chest and wrist with a sickle Thursday after refusing to settle his debt with an...

Palm oil bubbles up on Asian markets

Palm oil bubbles up on Asian markets LONDON (AFP): The palm oil market came to a boil last week, as drought across South East Asia, where two thirds of world supplies are produced, raised market fears over next year's harvest.

Malaysian King to get RI degree

Malaysian King to get RI degree SEMARANG: Diponegoro University here will confer an honorary doctorate degree on Malaysian King Ja'afar Abdul Rahman.University Rector Muladi said yesterday: "Given his background and contribution to forging ties between Indonesia and Malaysia, we feel it necessary...

Man hunted for assault

Man hunted for assault TANGERANG (JP): A number of detectives are looking for a man, who is believed to have assaulted his father with a hoelike tool.Sanukri, 35, has been reportedly attacked and wounded his fifty-year-old father Saabih while the old man was taking a good nap alone at their home in...

Sifting political science from politics

Sifting political science from politicsBy Ignas Kleden JAKARTA (JP): A statement by political scientist Juwono Sudarsono on Sept. 8, 1997 has sparked a heated debate on the topic of civilian political leadership in Indonesia.

Choked chickens religiously outlawed

Choked chickens religiously outlawed SURABAYA, East Java: A senior ulema condemned Surabaya chicken vendors for selling meat which he claimed was not processed in accordance with Islamic rules.The chairman of Indonesian Ulemas Council, K.H.

'Asia Facility' urged for ailing economies

'Asia Facility' urged for ailing economies HONG KONG (AFP): Southeast Asian nations are taking their proposal for a regional fund to rescue ailing economies to the International Monetary Fund, officials said yesterday."Yes, we are pursuing this," Malaysian Deputy Premier Anwar Ibrahim said.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Sept. 30.

Petrosea responds

Petrosea responds Thank you for your letter of Sept. 16, 1997 that enclosed a copy of a letter from a disgruntled former employee of PT Petrosea. We appreciate the professionalism you demonstrated by asking for our response to the letter.The circumstances of the termination of Mr.

Asia's long-term outlook favorable: IMF committee

Asia's long-term outlook favorable: IMF committee HONG KONG (AFP): The long-term outlook for Asian countries, swept by currency turmoil, is favorable due to their solid economic fundamentals, the IMF policymaking body said yesterday.

Ardi Hapsoro shines in Volvo W. Cup

Ardi Hapsoro shines in Volvo W. Cup JAKARTA (JP): Indonesia's Ardi Hapsoro Hamidjojo retained the top position in the Southeast Asian League of the Volvo World Cup showjumping competition at the Arthayasa stable in Sawangan, Bogor, yesterday.

Indonesia had 3rd highest FDI in Asia last year

Indonesia had 3rd highest FDI in Asia last year JAKARTA (JP): Foreign direct investment (FDI) inflows to Indonesia were the third highest in the Asian region last year, almost doubling to US$8 billion from $4.3 billion in 1995, according to a new international investment report.

Vietnam signs oil deal

Vietnam signs oil deal HANOI (AFP): State-owned PetroVietnam has signed a deal to explore for oil and gas off the country's southern coast with a consortium of American and Canadian corporations, the official Vietnam News daily reported Saturday.

Spain's Carlos Sainz wins World Rally C'ship title

Spain's Carlos Sainz wins World Rally C'ship titleBy Robert Soelistyo MEDAN, North Sumatra (JP): Capitalizing on the unfavorable track conditions, slow starter Carlos Sainz and codriver Luis Moya powered their Ford Escort WRC to victory yesterday in the Gudang Garam World Rally Championship.

Wahono's parting words

Wahono's parting words As many of us came to expect, some valuable pieces of advice were there to be found by those who were willing to listen to the address delivered by House of Representatives Speaker Wahono before the legislature's final plenary session on Friday before it is disbanded to make...

Global markets need global society, says George Soros

Global markets need global society, says George SorosBy Vincent Lingga HONG KONG (JP): American financier George Soros said yesterday that financial markets were inherently unstable and international financial markets even more so because they did not operate in a vacuum.

Supervison vital for banking stability

Supervison vital for banking stabilityBy Vincent Lingga HONG KONG (JP): A sound banking system, in addition to good governance, is the core of a crusade by World Bank and International Monetary Fund executives who are gathering here for their annual meetings.

Minister Hayono joins fun walk

Minister Hayono joins fun walk JAKARTA (JP): Minister of Youth Affairs and Sports Hayono Isman and thousands of members of the Indonesian Heart Foundation joined together in a fun walk along Jl. Jendral Sudirman, Jakarta, yesterday morning.

Surjadi denies slums razed for apartments

Surjadi denies slums razed for apartments JAKARTA (JP): Governor Surjadi Soedirdja denies the accusation that his administration has been burning slum areas in order to make way for low cost apartment projects.

War on corruption doubted

War on corruption doubted JAKARTA (JP): The World Bank and International Monetary Fund's (IMF) anticorruption pledge received a cool response from observers here over the weekend.Well-known economist Kwik Kian Gie said in Indonesia's case the declaration was lip service rather than a concerted...

Govt mulls lower phone tariffs for rural areas

Govt mulls lower phone tariffs for rural areasBy I. Christianto PETALUMA, California (JP): The Indonesian government is exploring the possibility of introducing lower tariffs for rural telecommunications services in the country.

Siswono and MPR

Siswono and MPRFrom MerdekaNot all cabinet ministers are like Minister of Transmigration Siswono Yudohusodo who had the pluck to speak of the limitation of a president's term in office in the post-Soeharto era.

Graduates needed in Irian villages

Graduates needed in Irian villages JAYAPURA, Irian Jaya: Irian Jaya needs 3,590 university graduates to work in 2,260 remote villages across the province, a local government official said.The volunteers will stay in the least developed villages to assist villagers in improving their living...

Residents told to stay indoors as haze worsens

Residents told to stay indoors as haze worsens JAKARTA (JP): The severity of the thick haze has prompted authorities in some provinces to urge people to stay indoors and shorten school hours to prevent exposure to the smoke's perilous effects.

Malaysia demands rules to rein in speculators

Malaysia demands rules to rein in speculators HONG KONG (AFP): Malaysia will not sign a global pact freeing up the financial services sector unless rules are put in place to rein in speculators, Deputy Prime Minister Anwar Ibrahim said yesterday.

Prisoners lure guards, escape

Prisoners lure guards, escape JAYAPURA, Irian Jaya (JP): Two prisoners from Abepura Prison here escaped after convincing three guards to take them to a nearby brothel.Prison warden Mashudi said Saturday that Yaman Saiful, 31, and Sangkala, 27, lured the guards with alcohol and the promise of a free...

The rights and responsibility

The rights and responsibility Campaign time is over and the general election has passed. The political configuration of Indonesia is clear. Members of the House of Representatives (DPR) have been appointed and have undergone a crash course program to familiarize them with the task ahead.

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 Travel Program: Wisata Nasional 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Sports 6:00 News: Lintasan Berita 6:05 Nusantara,...

Charlie Wi takes Kuala Lumpur Open

Charlie Wi takes Kuala Lumpur Open KUALA LUMPUR (Agencies): Charlie Wi won his first big tournament as a professional yesterday taking the Mild Seven Kuala Lumpur Open by four strokes from Chinese number one Zhiang Lianwei and Taiwan's Lu Wen-teh.

Let public join succession debate, says Amien Rais

Let public join succession debate, says Amien Rais JAKARTA (JP): Political observer Amien Rais said over the weekend that the public's input was needed in the debate on presidential succession.Amien, chairman of the 28-million strong Muhammadiyah Moslem Organization, said the debate was not...

IISS brings West closer to East

IISS brings West closer to EastBy Jusuf Wanandi SINGAPORE (JP): The 39th annual conference of the International Institute for Strategic Studies held here from Sept. 11 to 14 was indeed a feast of intellectual discourse and exchange.It was an IISS annual meeting at its best for several reasons.

Sjafrie to replace Sutiyoso Wednesday

Sjafrie to replace Sutiyoso Wednesday JAKARTA (JP): Brig. Gen. Sjafrie Sjamsoeddin will be installed Wednesday as the new Jakarta military commander.Sjafrie, who recently left his position as city military chief of staff, replaces Sutiyoso, who has been elected Jakarta governor.

Reforestation fee in rupiah

Reforestation fee in rupiah JAKARTA (JP): The government is considering setting reforestation fees paid by forest concession holders in rupiah instead of the U.S. dollar, Antara said Saturday.Minister of Forestry Djamaludin Suryohadikusumo told the news agency he had submitted the proposal to...

Wynne, Mimma fight to qualify in Wismilak tourney

Wynne, Mimma fight to qualify in Wismilak tourney SURABAYA (JP): Indonesia's young hopefuls Wynne Prakusya and Mimma Chernovita still have to fight to qualify for the main draw of the 1997 Wismilak International women's tennis tournament here this week.

Reckless driving blamed for growing road accidents

Reckless driving blamed for growing road accidents JAKARTA (JP): The number of nationwide traffic accidents in the first six months of this year has reached 8,856, a 12.48 percent increase from the 7,873 of the same period last year, says an officer.

Govt enacts new environment law

Govt enacts new environment law JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja revealed that President Soeharto had enacted Friday the new Environment Law which will crack down on forest burners.

Polarization caused riots in Ujungpandang: Nasikun

Polarization caused riots in Ujungpandang: Nasikun YOGYAKARTA (JP): The ferocity of last week's riots in Ujungpandang, South Sulawesi, has prompted much soul-searching into what a sociologist describes as the segmentation of societal relations.

Jayawijaya deaths rise

Jayawijaya deaths rise JAYAPURA, Irian Jaya: The number of deaths due to cholera and starvation in the Jayawijaya regency has risen 251, Antara reported yesterday.Jayawijaya regent J.B. Wenas said authorities and community leaders in the area held a meeting yesterday to discuss immediate relief...

Scholars criticize MPR members' list

Scholars criticize MPR members' list JAKARTA (JP): A political scientist expressed his regret yesterday that the government singled critics out from the People's Consultative Assembly (MPR) lineup representing various societal groups.Muhammad A.S.

S'pore tanker owners face oil spill cost hike

S'pore tanker owners face oil spill cost hike SINGAPORE (Reuter): Singapore tanker owners face oil spill compensation bills at more than four times the present rate after the city state's maritime authority said on Saturday it had signed a tough international pollution protocol.

S'pore worries over myopic youth

S'pore worries over myopic youth SINGAPORE (DPA): Singapore's growing number of myopic youngsters has become an issue of national security, as it means more soldiers hitting the field wearing glasses, reports said yesterday.

Detainee found dead in bathroom

Detainee found dead in bathroom JAKARTA (JP): A detainee at Makasar police subprecinct in East Jakarta was found dead in a jail bathroom on Friday, a police report said.Dani Kuswardhani, 24, of Jl. Mangga Besar, Central Jakarta, was found by fellow prisoners hanging from a rope at 5:30 a.m.

Cuba, RI sign trade pact

Cuba, RI sign trade pact HAVANA (AFP): Cuba and Indonesia signed several agreements strengthening economic and cultural relations between their two people, during a visit here Friday by Indonesian Foreign Minister Ali Alatas.

JSX's share prices to remain sluggish

JSX's share prices to remain sluggish JAKARTA (JP): Share prices on the Jakarta Stock Exchange are expected to remain sluggish this week because of uncertainty in the currency market.Securities analysts and brokers said over the weekend that most investors were reluctant to reenter the bourse...