Indonesian Political, Business & Finance News

Archive: 25 September 1997

53 articles found

826 to represent RI at SEA Games

826 to represent RI at SEA Games JAKARTA (JP): Host country Indonesia will field a team of 826 athletes, the largest of the 10 participating countries' teams at the 19th SEA Games here next month.National training director Djoko Pramono said yesterday that 500 Indonesian men and 326 Indonesian...

Mahathir-Soros debate rages

Mahathir-Soros debate rages Malaysian Prime Minister Mahathir Mohamad's bitter criticism of George Soros drew a response from the U.S. financier on Sunday.Soros disavowed the accusations -- that he contributed to the present currency crisis in the region -- leveled against him by the prime minister.

Golkar cadres told to improve conduct

Golkar cadres told to improve conduct JAKARTA (JP): Governor Surjadi Soedirdja has urged city councilors from the ruling Golkar faction to improve their knowledge of city issues and maintain a close relationship with those in the low-income bracket.

Authorities finish Kemang probe

Authorities finish Kemang probe JAKARTA (JP): The administration has completed an investigation into officials who have violated building permit regulations in Kemang, South Jakarta, and will soon punish the guilty ones.

Golkar says no to presidential term limit discussion

Golkar says no to presidential term limit discussion JAKARTA (JP): The debate over a presidential term limitation is unlikely to be anything more than public chatter, as a senior Golkar executive crushed yesterday any suggestion that the debate would be taken up at the People's Consultative...

Sjafrie vows to maintain city's security and order

Sjafrie vows to maintain city's security and order JAKARTA (JP): Newly installed Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin promised yesterday to maintain security and order in the city and its environs, particularly during next month's SEA Games and next year's General Session of the...

Pertamina under fire on unleaded gasoline

Pertamina under fire on unleaded gasoline JAKARTA (JP): An environmental group criticized state-owned oil company Pertamina yesterday for lacking a commitment to unleaded gasoline, and blamed public ignorance of its benefits on this.

SE Asian currencies upbeat, slightly recover

SE Asian currencies upbeat, slightly recover SINGAPORE (Reuter): Southeast Asian currencies looked relatively upbeat yesterday as U.S. funds took more profits against them and the dollar tumbled against the yen.

Iman's works reflect yearning for natural environment

Iman's works reflect yearning for natural environmentBy R. Fadjri YOGYAKARTA (JP): Woodcutting, an old technique, is thriving through the creative vision of artist Yamyuli Dwi Iman.With simple expressions and the symbols of a traditional world, Iman conveys the changes people in an agrarian society...

Soeharto launches national motorcycle

Soeharto launches national motorcycle JAKARTA (JP): President Soeharto unveiled yesterday a new national motorcycle, called Expressa, and defended the controversial national car program.Soeharto officially launched the new motorcycle, produced by a subsidiary of PT Astra International, by riding it...

Argha Karya sells assets

Argha Karya sells assets JAKARTA (JP): Shareholders of PT Argha Karya Prima Industry, a publicly listed manufacturer of flexible packaging, approved here yesterday the company's proposal to sell its converting division.

Six die of inflammation

Six die of inflammation LOA JANAN, East Kalimantan: Six people from Batuah village, located in Bukit Soeharto, Kutai, have died of intestinal inflammation this month, due to a lack of medical attention."What is most concerning is that doctors at the village community health center are rarely there.

17 TV stations to cover SEA Games

17 TV stations to cover SEA Games JAKARTA (JP): Seventeen TV stations will give 14 sports events continuous live coverage during the 19th SEA Games here next month, the organizers' information and communication deputy, Ishadi SK, said by telephone yesterday.

World Bank and Indonesian govt to fight corruption

World Bank and Indonesian govt to fight corruption HONG KONG (AFP): The World Bank is working with the Indonesian government to forge a strategy to fight corruption in the country, a Bank official said yesterday.

Lesson for ASEAN

Lesson for ASEAN Raging forest fires in Indonesia, many set by plantation firms clearing land, have cast a pall of haze over much of peninsular Malaysia and Singapore.ASEAN's environment ministers have long paid lip service to the notion of regional cooperation.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Wild Swan 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Documentary Film: Pesona Fauna 5:00 Arabic Lessons 5:30 Children's Story: Mutiara Persahabatan 6:00 News: Lintasan...

Famine kills 265 in Irian: 'Antara'

Famine kills 265 in Irian: 'Antara' JAKARTA (JP): Famine, caused by the drought, has killed at least 265 people in Irian Jaya, Antara reported yesterday quoting the Ministry of Home Affairs.The ministry cited a report by the Irian Jaya governor listing 254 deaths in the hinterland regency of...

Drought greatest threat to RI's palm oil

Drought greatest threat to RI's palm oil CHICAGO (Reuter): A searing drought that has fanned forest fires in Indonesia will do more damage to the region's palm oil crop than the heavy band of smoke that has engulfed the area, meteorologists and oilseed sources said.

Schools must win back reverence and trust

Schools must win back reverence and trustBy Mochtar Buchori JAKARTA (JP): Reverence and trust constitute very important fundamentals in education.Teachers and schools are only effective in their task if students and parents genuinely believe them, trust in them and revere them.

Haze worsens in Sumatra, Kalimantan

Haze worsens in Sumatra, Kalimantan JAKARTA (JP): The haze in several towns in Sumatra and Kalimantan worsened yesterday despite the government's intensive and concerted efforts to deal with the problem that has threatened the health of over 32,000 Indonesians.

Perumka's new express train

Perumka's new express train JAKARTA (JP): The state rail company Perumka has started operating the second generation Argo Bromo express train which is able to travel between Jakarta and Surabaya, East Java, in just eight hours and 30 minutes.

Doohan arrives here for GP

Doohan arrives here for GP JAKARTA (JP): World 500cc champion Michael Doohan of Australia is expected to arrive here today to defend his title at the Indonesian motorcycle Grand Prix at Sentul, near Bogor on Sept. 28."Doohan is expected to arrive at 12 p.m. today.

Cement rescheduling won't affect supply

Cement rescheduling won't affect supply JAKARTA (JP): Director General of Domestic Trade at the Ministry of Industry and Trade Ilchaidy Ilyas said yesterday the government's decision to review several cement projects would not affect future supply.

Portugal and RI trade criticism

Portugal and RI trade criticism UNITED NATIONS (Agencies): Portugal and Indonesia have exchanged harsh words over East Timor after Portuguese Foreign Minister Jaime Gama criticized Jakarta's rule in the former Portuguese colony.

Government to review pess law if needed

Government to review pess law if needed JAKARTA (JP): The government is prepared to review the press law, including licensing procedures, if the Press Council suggests it, Minister of Information R. Hartono said yesterday.

Motorists' safety at stake

Motorists' safety at stake If one wishes to travel from Pluit Selatan Raya to Soekarno- Hatta International Airport via Prof. Dr. Sediyatmo tollroad, one has to first pass through a narrow, old and abandoned toll collection gate.

Changing driver mentality the key

Changing driver mentality the keyFrom Media IndonesiaNews of a bus crash -- which forces passengers to stop midway through their journey, often with some people ending up in hospital or at the morgue -- shocks all the parties concerned.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept.24, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,000 0 42,000 AHAP Insurance 2,500 0 0 Alter Abadi 775 50 35,000 Alumindo Light Metal 775 0 110,500...

Businessman dies 4 days after point-blank shooting

Businessman dies 4 days after point-blank shooting JAKARTA (JP): A 35-year-old businessman who was shot at point- blank range by unknown assailants Saturday evening died at Cipto Mangunkusumo General Hospital yesterday morning.

Soeharto endorses sale of SEA Games stickers

Soeharto endorses sale of SEA Games stickers JAKARTA (JP): President Soeharto has agreed to continue the sale of SEA Games stickers after the end of the Games to help pay off bank loans needed to hold the biennial sports event.

Economic trends, 1992-1996

Economic trends, 1992-1996Real economic growth (%): 1992 1993 1994 1995 1996 Indonesia 7.2 6.5 7.7 8.2 7.8 Malaysia 8.5 8.3 9.2 9.6 8.2 Philippines 0.6 4.4 4.8 4.8 5.5 Singapore 6.1 10.4 10.1 8.9 7.0 Thailand 7.0 8.8 8.6 8.6 6.7Consumer price inflation (%): Indonesia 7.5 9.7 8.5 9.4 8.0 Malaysia 4.

Underground road in Tangerang

Underground road in Tangerang TANGERANG (JP): The local administration is to construct a Rp 6 billion (US$1.9 million) multilevel underground road to anticipate future traffic congestion in the Cikokol area, an official said.

Four companies to go ahead with IPO plans

Four companies to go ahead with IPO plans JAKARTA (JP): At least four companies including PT Duta Kirana Finance, PT Aneka Tambang, PT Bhakti Investama and Bank Universal, will go ahead with their initial public offering (IPO) this year despite bearish local stock markets.

Indian women to hold silken fashion show

Indian women to hold silken fashion show JAKARTA (JP): The fusion of Indonesian, Indian and western ideas will be the theme of a fashion show tomorrow night commemorating India's 50th anniversary of independence.

Rupiah softens on ample liquidity in market

Rupiah softens on ample liquidity in market JAKARTA (JP): Local share prices gained 2.6 percent yesterday as the rupiah softened on ample liquidity supply in the money market, stockbrokers and currency dealers said.

Aussies 'outsiders' despite new foreign policy?

Aussies 'outsiders' despite new foreign policy?By S.P. Seth SYDNEY (JP): Australia's first foreign policy white paper was issued recently in Canberra. It sets out the priorities and goals of its foreign policy over the next 15 years.

Malaysian PM to visit S. America

Malaysian PM to visit S. America KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad will visit Cuba, Chile, Uruguay and Argentina from Sept. 25 to Oct. 5 to strengthen trade, investment and other ties between Malaysia and these countries, a Foreign Ministry statement said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition:...Yogyakarta; Retrospeksi etnofotografi by Tim etnofotografi UGM, at Galeri Fotojurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, Tuesday to Sunday, 11:30 a.m. to 7:30 p.m., Sept. 25 to Oct. 8.

Seeded players lost in Wismilak tourney

Seeded players lost in Wismilak tourney SURABAYA (JP): More seeded players were upset in the second round of the Wismilak International women's tennis tournament at Embong Sawo tennis complex here yesterday.

ASEAN states reassure world of economic reforms

ASEAN states reassure world of economic reformsBy Vincent Lingga HONG KONG (JP): Thailand, Malaysia, Indonesia and the Philippines have reassured the world's financial leaders of their strong commitment to liberalization and continuous structural reform measures.

Haze, currency woes affect tourist growth

Haze, currency woes affect tourist growth JAKARTA (JP): Haze caused by prolonged forest fires in the country and the currency crises facing several Southeast Asian countries may hamper the growth of visitors to Indonesia, says a senior tourism executive.

Megawati to skip House's last ball

Megawati to skip House's last ball JAKARTA (JP): Megawati Soekarnoputri, the deposed leader of the Indonesian Democratic Party (PDI), will not attend a farewell party for members of the House of Representatives (DPR) tomorrow.

Canadian bank buys Bank Arya shares

Canadian bank buys Bank Arya shares JAKARTA (JP): Nova Scotia Bank of Canada concluded yesterday the purchase of a 35 percent stake in publicly listed Bank Arya, part of the Ongko Group.Bank Arya's president, Safrullah Hadi Saleh, said here yesterday the Canadian bank bought 21 percent of the total...

Governor asks developers to back Thamrin Walk plan

Governor asks developers to back Thamrin Walk plan JAKARTA (JP): Governor Surjadi Soedirdja called on private developers yesterday to support the administration's plan to turn Jl. Thamrin in Central Jakarta into a pedestrian-friendly street.

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 p.m.

Sukamdi extends his lead in Indonesian Open golf

Sukamdi extends his lead in Indonesian Open golf JAKARTA (JP): Sukamdi, Indonesia's best hope for the 19th SEA Games golf competition, extended his lead at the Indonesian Open Championship after carding a two-day total of 143 (70 73) at Pondok Indah Golf & Club here yesterday.

Nusamba to develop oil refinery

Nusamba to develop oil refinery JAKARTA (JP): The Nusamba Group plans to develop an oil refinery in cooperation with a foreign partner, the group's chairman Muhammad "Bob" Hasan said yesterday.Hasan said after meeting with President Soeharto at Merdeka Palace that the group had yet to select the...

Thousands of Hindus to attend ritual

Thousands of Hindus to attend ritual SURABAYA: Thousands of Hindus from across the country are expected to climb famed Mt. Bromo in East Java's Probolinggo regency on Oct. 18 and Oct. 19 to attend the religious ritual of Yadnya Kasada, Antara reported.

'Forest fires to be under control soon'

'Forest fires to be under control soon' JAKARTA (JP): As thousands of hectares of forest continue to burn, Minister of Forestry Djamaludin Suryohadikusumo claims that firefighters deployed to put out the blaze should soon have the upper hand.

Police arrest two for mobile phone fraud

Police arrest two for mobile phone fraud JAKARTA (JP): Police have arrested two men for illegally allegedly copying 369 mobile phone numbers under the Advanced Mobile Phone Service (AMPS) system and selling them on at very low prices.

Police become target of discontent

Police become target of discontent JAKARTA (JP): The recent violent attacks against police stations in many parts of the country reflected people's growing discontent with authority, experts said yesterday.

White Paper set off alarm bells

White Paper set off alarm bellsBy Anthony Burke CANBERRA (JP): Many Indonesians will no doubt be aware of the release last month of Australia's first foreign policy White Paper, titled In The National Interest.

Golkar praised for fielding civilian figures

Golkar praised for fielding civilian figures JAKARTA (JP): Golkar's decision to let young and civilian figures lead its faction in the House of Representatives drew applause yesterday.Outgoing Golkar legislators Krissantono and Oka Mahendra said the dominant political organization was applying a...