Indonesian Political, Business & Finance News

Archive: 8 September 1997

47 articles found

N. Jakarta's fire victims fear eviction plan

N. Jakarta's fire victims fear eviction plan JAKARTA (JP): The 5,914 fire victims of Pademangan Barat subdistrict, North Jakarta, who are still facing a shortage of water and proper shelters, have expressed concern over a city plan which might evict them from the area.

Millions of pregnant women suffer from malnutrition

Millions of pregnant women suffer from malnutrition BOGOR, West Java (JP): Millions of pregnant women and babies in Indonesia are suffering from malnutrition, a scientist said here Saturday.Hidayat Syarief, in an speech marking his inauguration as a professor at the Bogor Institute of Agriculture...

Financial markets keep analysts anxious

Financial markets keep analysts anxiousBy Richard Hubbard SINGAPORE (Reuter): The crisis in Southeast Asian financial markets eased last Friday after a dramatic U-turn in economic policy by Malaysia, but analysts warned that problems remain in the underlying economies of the region.

Gen. (ret) Surono launches biography

Gen. (ret) Surono launches biography JAKARTA (JP): The chairman of the 1945 Generation National Council, Gen. (ret) Surono, celebrated his 75th birthday Saturday with the launching of his biography.Addressing an audience, most of whom were former military colleagues and younger active generals,...

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., until Sept. 10. * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor Gallery, Jl.

Tomb removal to continue

Tomb removal to continue TANGERANG (JP): The Tangerang mayoralty will push ahead with plans to remove 310 tombs from the Cepek and Tanah Gocap public cemeteries, for the construction of a roadway, despite protests from the relatives of people buried there.

Ramayana opens 59th store

Ramayana opens 59th store JAKARTA (JP): Publicly listed PT Ramayana Lestari Sentosa, the owner and operator of Ramayana department stores, opened yesterday a new retail outlet in the Pondok Gede Market, Bekasi.The new outlet, on a 4,000-square-meter plot, is the 59th Ramayana outlet in the country.

10 die in Malaysia plane crash

10 die in Malaysia plane crash KUALA LUMPUR (Reuter): A chartered Dornier 228-212 plane crashed in the jungles of Malaysia's Borneo state of Sarawak, killing all 10 people on board, the national Bernama news agency said yesterday quoting officials.

China Airlines adds flights

China Airlines adds flights JAKARTA (JP): China Airlines of Taiwan plans to fly to more destinations in Indonesia, the company's vice president Sandy K.Y. Liu said.A potential destination is Manado, the capital of North Sulawesi, Antara news agency quoted Liu as saying in Nusa Dua, Bali, Saturday.

Bambang, Fauzan contest YLBHI post

Bambang, Fauzan contest YLBHI post JAKARTA (JP): Indonesian Legal Aid Foundation (YLBHI) chairman Bambang Widjojanto will contest the next chairmanship with his secretary, Achmad Fauzan, the foundation said in a statement.

Freeport fills Irian Jaya lake

Freeport fills Irian Jaya lake JAYAPURA, Irian Jaya: Gold and copper mining giant PT Freeport Indonesia has begun to fill up Wanagon Lake, located east of the Grasberg mine."Our feasibility study shows that the lake contains a huge copper deposit," Freeport's environmental department manager Wisnu...

Bhuwanatala's profit jump

Bhuwanatala's profit jump JAKARTA (JP): Publicly listed real estate and property company PT Bhuwanatala Indah Permai reported Saturday a 789.43 percent increase in net profit to Rp 4.04 billion (US$1.4 million) in the first half this year over Rp 450 million in the same period last year.

Southeast Asian airlines benefit from crisis

Southeast Asian airlines benefit from crisis SINGAPORE (Reuter): Southeast Asian airlines should reap benefits from the plunge in their national currencies against the U.S. dollar in the short term, but longer-term prospects are less clear, analysts said at the weekend.

Lee's ailment 'no worry'

Lee's ailment 'no worry' SINGAPORE (Reuter): The hospitalization of Singapore elder statesman Lee Kuan Yew for a respiratory infection was not a cause for worry, Prime Minister Goh Chok Tong said yesterday.

Indonesia opts for cloud seeding to stop forest fires

Indonesia opts for cloud seeding to stop forest fires JAKARTA (JP): Indonesia will resort to cloud seeding in its efforts to contain forest fires that have been ravaging many parts of the country, State Minister of Environment Sarwono Kusumaatmadja said.

HIV/AIDS cases up to 578

HIV/AIDS cases up to 578 JAKARTA (JP): Official health statistics show the number of HIV/AIDS sufferers in Indonesia increased by 20 in August, raising the official total to 578.Ministry of Health Director General for Communicable Disease Control and Environmental Health Dr.

Semarang ex-cons form association

Semarang ex-cons form association SEMARANG, Central Java: Schools no longer have a monopoly on alumni organizations because ex-convicts in Semarang have formed their own respected association.Semarang military district chief Lt. Col.

UBS ups Indonesian equity ratings

UBS ups Indonesian equity ratings KUALA LUMPUR (Reuter): European firm UBS Global Research said it has upgraded its equity market ratings for Malaysia and Indonesia."Malaysia is now on an overweight (previously neutral) and Indonesia on a neutral (previously underweight) recommendation in the UBS...

Sorcerer admits to raping 236 women

Sorcerer admits to raping 236 women JAKARTA (JP): A 65-year-old man detained in Maluku, Ambon, has admitted to raping 236 women since he started practicing as a soothsayer in 1984.The father of four who was arrested on the small island of Lease on Aug.

Syarwan 'not in conflict' with Harmoko

Syarwan 'not in conflict' with Harmoko JAKARTA (JP): Former Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid denies competing against Golkar chief Harmoko for the House speaker position.Syarwan will represent the Armed Forces faction in the House of Representatives.

Data on RI exports to S'pore unclear

Data on RI exports to S'pore unclear JAKARTA (JP): The government still faces difficulty in calculating actual exports to Singapore because the neighboring country is still unwilling to issue data on its bilateral trade with Indonesia, an official says.

Coffee markets come under pressure, soya prices surge

Coffee markets come under pressure, soya prices surge LONDON (AFP): The coffee markets in London and New York came back to a boil this week as the main feature on the commodities markets, following the summer break, heated up by the prospect of a low harvest in Indonesia - in third place among...

ABRI officers get degree

ABRI officers get degree JAKARTA: Two senior Army officers have been awarded a doctorate degree from the United States' Westminster University.Maj. Gen. Bambang Soembodo and Col. Slamet Suharsa Padmosutoyo were the first Indonesian Armed Forces members to receive a degree from the university, a...

Red Cross helps underprivileged

Red Cross helps underprivileged JAKARTA (JP): Some 5,000 youths from the Jakarta Red Cross organized a day of social services for the poor at its head office on Jl. Kramat Raya in Central Jakarta yesterday.

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 Family's Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Flora and Fauna: Aneka Tanaman Hias 6:00...

Garuda Indonesia asked to keep Bali-Paris route

Garuda Indonesia asked to keep Bali-Paris route JAKARTA (JP): Bali Governor Ida Bagus Oka has asked national air carrier Garuda Indonesia not to cancel its Denpasar (Bali)- Paris route.Oka said that Bali, the country's most popular tourist destination, would be affected if Garuda stopped the...

Foreign investors may avoid SE Asian stocks

Foreign investors may avoid SE Asian stocks HONG KONG (Reuter): Three consecutive days of strength in Southeast Asian markets have prompted a round of bullish sentiment among local punters, but foreign investors say they will look for alternatives for at least six months.

Investors see recovery in SE Asian equity marts

Investors see recovery in SE Asian equity marts HONG KONG (Reuter): The outlook for Asian equity markets remains poor in the coming week, with local punters hoping for a Southeast Asian recovery but foreign investors staying clear after the wild gyrations of the past two weeks.

Mahathir says 'serious' investors have returned

Mahathir says 'serious' investors have returned KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad met foreign fund managers Saturday and expressed confidence that "serious" foreign investors had returned to the local stock market after recent sharp declines.

Manila to announce art awards

Manila to announce art awards JAKARTA (JP): Winners of the ASEAN Art Award 1997 will be announced on Wednesday in Manila, according to the secretariat of the Indonesian Fine Arts Foundation.Dede Eri Supria, Hanura Hosea, Nasirun, Tisna Sanjaya and Yuswantoro Adi, the artists selected to represent...

RI development 'trilogy' revisited

RI development 'trilogy' revisitedBy Arief Budiman MELBOURNE (JP): Having recently celebrated our 52nd anniversary of independence, it may be useful to reflect on what we have achieved or failed to achieve in the nation's pursuit of a "just and prosperous society".

Military raids nab wayward soldiers

Military raids nab wayward soldiers JAKARTA (JP): About 80 disobedient military officers are netted each month during routine raids against personnel around the city, an officer said yesterday.Jakarta Military Command spokesman Lt. Col. D.J.

Crash crushes Cambodia's tourism sector

Crash crushes Cambodia's tourism sectorBy Katya Robinson PHNOM PENH (Reuter): A fatal plane crash at Phnom Penh's international airport last week has blackened the already dreary outlook for tourism in the troubled country.

First Mickey & Friends outlets open in Jakarta

First Mickey & Friends outlets open in Jakarta JAKARTA (JP): The world's first two Mickey & Friends outlets opened in Sogo department stores in Jakarta over the weekend.The first one was opened in Sogo in Plaza Indonesia, Central Jakarta, Saturday and the second in Sogo in Kelapa Gading Mall, North...

Man lost his life for sake of son

Man lost his life for sake of son JAKARTA (JP): A food stall owner was stabbed to death by a gang of eight people as he attempted to prevent them from mobbing his son on Jl. Kawirata, South Jakarta, yesterday.

IMF-World Bank to discuss currency crisis

IMF-World Bank to discuss currency crisis SINGAPORE (AFP): Southeast Asia's currency crisis will come under the microscope at this month's global monetary talks amid complaints that a decade's economic gains are being undermined by foreign financial speculators.

Hotel Ciputra launches unique executive club

Hotel Ciputra launches unique executive club JAKARTA (JP): Staying in a hotel during a business trip can be very annoying if you have to wait in line in the time you are meant to rushing to an important meeting.Hotel Ciputra, a four-star hotel on Jl. S.

Ramos asked to be watched

Ramos asked to be watched MABALACAT, Philippines (AFP): Philippine President Fidel Ramos invited his opponents yesterday to place him under surveillance to end speculation he would declare martial law to keep himself in power.

Wife gashes amorous husband

Wife gashes amorous husband PALU, Central Sulawesi: Twenty-nine-year-old Yn allegedly attacked her husband, Al, with a machete in a jealous rage after he rejected her demands for a divorce.She had demanded the separation after Al allegedly disclosed he was having an affair.

ThinkPad 770: The notebook to buy if you want it all

ThinkPad 770: The notebook to buy if you want it allBy Zatni Arbi JAKARTA (JP): Remember IBM ThinkPad 760ED? In my hands-on review in this column, I called it the "Rolls-Royce" of notebooks. It was the notebook with everything -- a large and pleasant screen, a digital signal processor, a built-in...

No sex tourism in Bali: Joop

No sex tourism in Bali: Joop DENPASAR, Bali: The island of Bali should not be developed into a hot spot for sex tourism, Minister of Tourism, Post and Telecommunications Joop Ave warned.The beauty of the resort island provided enough attractions for tourists and there was no need to lure them with...

Vietnam grounds Tupolev fleet

Vietnam grounds Tupolev fleet HANOI (Reuter): Vietnam Airlines will ground its Tupolev aircraft from today pending an investigation into the crash of one of its Tu-134Bs in Cambodia, an official at the national carrier said yesterday.

Share prices are expected to remain strong this week

Share prices are expected to remain strong this week JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to remain bullish this week as more foreign investors are predicted to return to take advantage of the cheap prices.

BI predicts rupiah won't fall again

BI predicts rupiah won't fall againBy Riyadi JIMBARAN, Bali (JP): There should be no further fall in the rupiah as rapid depreciation over the past few weeks has corrected it, a spokesman for Bank Indonesia, the central bank, said here Saturday.

RI lacks Islamic intellectual culture: Scholar

RI lacks Islamic intellectual culture: Scholar JAKARTA (JP): Despite having the largest Moslem population in the world, Indonesian Moslem intellectuals and their works are still largely obscure, a noted scholar says.

Du Pont buys Branta shares

Du Pont buys Branta shares JAKARTA (JP): Chemical giant E.I. Du Pont de Nemours and Company has bought 19.8 percent of Indonesian tire-yarn and cord fabric manufacturer, PT Branta Mulia.Branta Mulia said Saturday that Du Pont was buying the shares at US$1.45 (Rp 4,150) a share.

Polysindo enters India

Polysindo enters India NEW DELHI (Reuter): The Indian government said on Friday it had approved a 605.5 million rupee ($US16.6 million) investment by Polysindo Hong Kong Ltd., an affiliate of Indonesia's Polysindo Eka Perkasa, in a fully-owned unit.