Archive: 15 October 1998
62 articles found
Thu, 15 Oct 1998, 00:00 WIB
Where to go in Bali:
Where to go in Bali: Exhibitions * Painting Exhibition: Manifold Changes, by Davina Stephens, in Ganesha Gallery, Four Seasons Resort, Jimbaran (Phone: 0361 701010), 12 p.m. to 8 p.m., until Oct. 28. * Painting Exhibition: Atmospheres by American artist Mark Rutkowski, at Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), 11 a.m. to 5 p.m., until Nov. 4.
Thu, 15 Oct 1998, 00:00 WIB
Students rally to demand lower food prices
Students rally to demand lower food prices JAKARTA (JP): Around 500 students staged a rally on the roundabout outside Hotel Indonesia in Central Jakarta on Wednesday to demand a reduction in the price of basic foodstuffs and the establishment of what they called the Indonesian people's committee.
Thu, 15 Oct 1998, 00:00 WIB
Saefuddin reiterates presidential ambitions
Saefuddin reiterates presidential ambitions JAKARTA (JP): State Minister of Food and Horticulture A.M. Saefuddin reiterated his ambition on Wednesday to become the country's next president and made light of the abilities of possible rival Megawati Soekarnoputri of the splintered Indonesian Democratic Party (PDI). Saefuddin, representing the United Development Party (PPP) in the Cabinet, expressed confidence that he would be able to gain enough support during his campaign.
Thu, 15 Oct 1998, 00:00 WIB
Habibie issues antidiscrimination ruling
Habibie issues antidiscrimination ruling JAKARTA (JP): With next to no fanfare, President B.J. Habibie issued last month an instruction barring government agencies and officials from discriminating against Indonesians based on their origins. In a decision dated Sept. 16, the President ordered ministers, heads of state agencies, governors, mayors and regents to dispense with use of the terms pribumi (indigenous) and nonpribumi (nonindigenous).
Thu, 15 Oct 1998, 00:00 WIB
RI to export 5m tons of cement
RI to export 5m tons of cement JAKARTA (JP): The Indonesian Cement Association projects the country's cement exports will increase more than sixfold this year as producers boost exports to offset the slump in local demand. The association projects exports will reach five million metric tons by year's end, compared to the 800,000 tons exported last year.
Thu, 15 Oct 1998, 00:00 WIB
Ginandjar denies Winters' accusation of corruption
Ginandjar denies Winters' accusation of corruption JAKARTA (JP): One day after being personally embarrassed on a presidential flight, Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita angrily denied on Wednesday he was involved in a corruption scandal with copper and gold mining giant PT Freeport Indonesia. Ginandjar demanded American professor Jeffrey A.
Thu, 15 Oct 1998, 00:00 WIB
Officials foil attempt to smuggle snakes
Officials foil attempt to smuggle snakes JAKARTA (JP): Security officials at Soekarno-Hatta International Airport have foiled an attempt to smuggle eight snakes, including one of the world's deadliest species worth millions of rupiah, to Moscow. The head of the airport's animal quarantine center Lukas A.
Thu, 15 Oct 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 14, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 250 -25 213,500 Alumindo Light Metal 250 0 0 Alumindo Perkasa 225 0 0 Aneka Kimia Raya 100 -25 7,000 Aneka Tambang 1,350 -75 17,050,500 Anwar Sierad 100 0 0 Apac Centertex Corp.
Thu, 15 Oct 1998, 00:00 WIB
Belo unable to attend meeting with Alatas
Belo unable to attend meeting with Alatas JAKARTA (JP): Dili Bishop Carlos Felipe Ximenes Belo is unable to attend a dialog he was invited to between Minister of Foreign Affairs Ali Alatas and dozens of East Timorese figures slated to be held in Denpasar, Bali on Thursday, Antara has reported.
Thu, 15 Oct 1998, 00:00 WIB
NU disappointed in police probe
NU disappointed in police probe SURABAYA (JP): Leaders of Nahdlatul Ulama (NU), some of whose members have been victims in the mysterious killing spree which has hit eleven East Java regencies, have said they are disappointed with the police and will from now on take part in interrogation of suspects. Around 2,000 members and elders of the country's largest Islamic organization gathered at Langitan boarding school in Tuban on Wednesday.
Thu, 15 Oct 1998, 00:00 WIB
Kidnappers still walking free: Kontras
Kidnappers still walking free: Kontras JAKARTA (JP): Abductors of political activists are still on the loose, according to Munir of the independent Commission for Missing Persons and Victims of Violence (Kontras). "Five of the nine activists (who resurfaced after being abducted) have seen a number of their abductors on the streets recently," Munir told reporters on Wednesday. He refused to identify the activists.
Thu, 15 Oct 1998, 00:00 WIB
Indonesians need 1.9m houses
Indonesians need 1.9m houses MATARAM, West Nusa Tenggara: Indonesia on average needs 1.9 million new houses annually, the third assistant to the state minister of housing and settlement, Guntur Hutapea, has said. "The government can provide only 15 percent of the figure and the community has to be responsible for the remaining 85 percent," he announced here Wednesday after opening an all- Mataram municipality workshop on the management of group-based housing construction (P2BPK).
Thu, 15 Oct 1998, 00:00 WIB
Winners of prestigious architecture award announced
Winners of prestigious architecture award announced JAKARTA (JP): A leper hospital in India and a contemporary Malay house which took six carpenters six years to construct were among the seven winners of the prestigious Aga Khan Award for Architecture announced last week. The award, presented every three years, "identifies and encourages building concepts that successfully address the needs and aspirations of Moslem societies".
Thu, 15 Oct 1998, 00:00 WIB
Where does ABRI really belong?
Where does ABRI really belong? From Merdeka Professionally speaking, members of the Armed Forces (ABRI) are among the luckiest people in Indonesia because they can assume practically any positions, military or civilian. They can hold either structural positions within military circles or important posts within the bureaucracy, including the position of president. In fact, military officers and civilian professionals such as engineers or doctors spend more or less equal time in their educational.
Thu, 15 Oct 1998, 00:00 WIB
A clearer picture of Japanese animation
A clearer picture of Japanese animation JAKARTA (JP): The world has come to know Japanese animation in recent years for its unique and daring artistic style. Indonesia's youth is well-acquainted with popular cartoons such as Sailor Moon and comics like Dragon Ball Z.
Thu, 15 Oct 1998, 00:00 WIB
Amatil sends Baker to RI
Amatil sends Baker to RI SYDNEY (Dow Jones): Australian soft drink bottler Coca-Cola Amatil Wednesday named Peter Baker managing director of its Indonesian operations, effective Nov. 1. Baker will succeed John Brady, who will take up a senior position with Coca-Cola Beverages PLC when Baker moves to Indonesia, Coca-Cola Amatil said in a statement.
Thu, 15 Oct 1998, 00:00 WIB
Bankruptcy hearing against PT Sarana Kemas adjourned
Bankruptcy hearing against PT Sarana Kemas adjourned JAKARTA (JP): The Jakarta Commercial Court has adjourned the hearing pitting publicly-listed Bank PDFCI against paper producer PT Sarana Kemas Utama until Oct. 21 to allow the panel of judges time to study the charges brought by the plaintiff. Presiding judge Haryono, who chaired the first hearing on Wednesday, said the proceeding should also be delayed to allow the defendant time to study the charges. "We have adjourned the hearing until Oct.
Thu, 15 Oct 1998, 00:00 WIB
U.S. says most members to attend APEC meeting
U.S. says most members to attend APEC meeting SINGAPORE (AP): Despite concerns about the arrest and police treatment of Malaysia's former Deputy Prime Minister Anwar Ibrahim, most leaders will attend a meeting of the Asia-Pacific Economic Cooperation forum in Kuala Lumpur next month, a U.S. assistant secretary of state said Wednesday. The United States is "deeply worried about...
Thu, 15 Oct 1998, 00:00 WIB
Sports council pledges efficient Asiad budget use
Sports council pledges efficient Asiad budget use JAKARTA (JP): The National Sports Council pledged on Wednesday to use the funds it had raised for Indonesia's participation in the 13th Asian Games in December in a proper manner. Council vice chairman Arie Sudewo said that efficient management of the funds would enable it to reserve some money to finance the national team's preparations for the 1999 Southeast Asian Games in Brunei Darussalam.
Thu, 15 Oct 1998, 00:00 WIB
Asian stock markets call for stronger rules
Asian stock markets call for stronger rules SINGAPORE (AP): Asian stock exchange chiefs meeting at an economic summit Wednesday pledged more transparency and a stronger regulatory framework to rein in increasingly volatile financial markets and hasten recovery. "There are serious concerns about transparency," said Michael Shepherd, vice chairman of the Australian Stock Exchange.
Thu, 15 Oct 1998, 00:00 WIB
Our troubled power elite
Our troubled power elite On the face of it, the bureaucratic elite allows criticism and differing opinions. However, it is at the same time trying to stifle both through various means in order to preserve the status quo. Wallowing in affluence and bolstered by an authoritarian administration, Indonesia's elite is emulating the behavior of bureaucrats everywhere and is lacking in sensitivity to the tide of change sweeping across the country.
Thu, 15 Oct 1998, 00:00 WIB
High quality, price stability commitment to customers
High quality, price stability commitment to customers PT Meiji Indonesia is a pioneer of quality antibiotic products for both domestic and international markets. This is the unique and clear image of PT Meiji Indonesia, a company highly specialized in pharmaceuticals.
Thu, 15 Oct 1998, 00:00 WIB
IBRA to sell suspended bank's noncore assets
IBRA to sell suspended bank's noncore assets JAKARTA (JP): Independent appraisers interested in participating in the assessment of suspended banks' noncore assets which will be auctioned off should submit their proposals by Oct. 19, the Indonesian Bank Restructuring Agency (IBRA) said on Wednesday. The agency announced that the appointment of appraisers was part of the process to auction the noncore assets, which includes cars and motorcycles.
Thu, 15 Oct 1998, 00:00 WIB
Rasmussen out of Indonesia Open
Rasmussen out of Indonesia Open JAKARTA (JP): The misfortune-plagued US$120,000 Sanyo Indonesia Open badminton championship has suffered another setback with the withdrawal of world men's singles champion Peter Rasmussen due to injury. Organizing committee chairman Juniarto Suhandinata said on Wednesday that notification came just before the deadline for registration on Tuesday, but there was no explanation from the Danish Badminton Association about Rasmussen's injury.
Thu, 15 Oct 1998, 00:00 WIB
PWI Jaya has new chairman
PWI Jaya has new chairman JAKARTA (JP): Marah Sakti is the new chairman of the Jakarta chapter of the Indonesian Journalists Association (PWI Jaya), replacing outgoing Tarman Azzam, who has been appointed chairman of the central association. Marah's appointment was decided in a special meeting on Wednesday presided over by Tarman in his capacity as PWI Jaya's chairman for the 1995 to 1999 period. The meeting also selected Jacub Hamzah as the chapter's secretary.
Thu, 15 Oct 1998, 00:00 WIB
Japanese group showcases ancient percussion music
Japanese group showcases ancient percussion music JAKARTA (JP): The Spiral Arms, a unique Japanese percussion group led by Toshiyuki Tsuchitori, will take the stage at the Second Art Summit Indonesia on Friday and Saturday at Taman Ismail Marzuki art center in Central Jakarta. Accompanied by several Indonesian musicians from the Surakarta-based Indonesian School of Art, the group will perform Ikai: Another World.
Thu, 15 Oct 1998, 00:00 WIB
Art Summit schedule
Art Summit schedule Oct. 16-17: Music, Tsuchitori Toshiyuki (Japan), Taman Ismail Marzuki (TIM), Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087). Oct. 18-19: Music, Kaija Saariaho (Finland), Gedung Kesenian Jakarta (GKJ), Jl. Pos No. 2, Central Jakarta (Phone: 3441892). All performances start at 8 p.m.
Thu, 15 Oct 1998, 00:00 WIB
Stocks lose ground but rupiah hits 8,800
Stocks lose ground but rupiah hits 8,800 JAKARTA (JP): Share prices on the local market lost their footing on Wednesday as most investors cashed in gains they had made in the last five days but the rupiah continued to gather steam, hitting an intraday high of 8,725 against the U.S. dollar.
Thu, 15 Oct 1998, 00:00 WIB
Daksa Group's promises
Daksa Group's promises Since various schedules of Puri Sriwedari Cibubur (PSC), as stated by its staff, remain open and due to the ignorance with which Daksa is handling these schedules, I have no other option than to publicly ask: When will Daksa fulfill its promises of: * paving the road in front of Blok E; * building an access road to the nearby village so that people there do not have to go through the housing complex; * closing all gates and holes in the wall surrounding PSC * providing...
Thu, 15 Oct 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 TV Series: Invention 3:30 Science Film 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15 Sports 6:30 TVRI News (in English) 7:00 Evening News 7:35 Comedy: Terminal Humor 8:00 News: Lintasan Berita 8:05 Comedy: Terminal Humor 8:20 Koran Recital 8:30 Religious Teachings: Islam 9:00 World...
Thu, 15 Oct 1998, 00:00 WIB
Banyuwangi residents guard themselves
Banyuwangi residents guard themselves By Ainur R. Sophiaan BANYUWANGI, East Java (JP): Sixty-year-old Ashari was an ordinary farmer in Karang Bendo village, Rogojampi district in Banyuwangi regency. He lived in a modest house built of stone and bamboo with his three children. His wife passed away five years ago. One day in early September villagers were shocked when they found Ashari's mutilated body on the banks of a small river.
Thu, 15 Oct 1998, 00:00 WIB
PT Delident committed to quality
PT Delident committed to quality PT Delident Chemical Industries Indonesia Ltd is a pioneer in the Indonesian toothpaste industry. Established in 1959, the company initially marketed brand names for the local market. Nine years later, it expanded to the international market.
Thu, 15 Oct 1998, 00:00 WIB
Govrnment supports House antimonopoly bill
Govrnment supports House antimonopoly bill JAKARTA (JP): The government will support an antimonopoly bill recently drafted by the House of Representatives, Minister of Industry and Trade Rahardi Ramelan said on Wednesday. "This draft represents the people's aspirations because it was drafted by the House of Representatives. It is a milestone in the country's political and democratic history," Rahardi told reporters after a House plenary session.
Thu, 15 Oct 1998, 00:00 WIB
SE Asian monies gain footing in active trading
SE Asian monies gain footing in active trading SINGAPORE (Dow Jones): Southeast Asian currencies were mostly stronger against the U.S. dollar in late Asian trading Wednesday in active dealings, while their North Asian counterparts languished in line with the weaker yen. Focus on country-specific developments in Southeast Asia coupled with the entry of some foreign funds into the region boosted Southeast Asian currencies Wednesday.
Thu, 15 Oct 1998, 00:00 WIB
Increasing Indonesian exports
Increasing Indonesian exports Instability and the fall of the rupiah are major factors of difficulty in all business sectors, including export and import activities. The indicators of its condition are export values for the oil and gas and non-oil and gas sectors for January-April 1998, which totaled US$16.26 billion, down $1.9 billion for the same period in 1997. Non-oil and gas exports increased $9.11 billion.
Thu, 15 Oct 1998, 00:00 WIB
Property creditors urged to settle out of court
Property creditors urged to settle out of court JAKARTA (JP): The Indonesian Real Estate Association (REI) appealed to property creditors, contractors and buyers on Wednesday to reach out-of-court settlements to recover their financial claims against the country's ailing property companies. Association chairman Edwin Kawilarang said that it would be better if both the debtors and creditors renegotiated debt payments instead of taking the cases to the bankruptcy court.
Thu, 15 Oct 1998, 00:00 WIB
Governor asks for help to green the city
Governor asks for help to green the city JAKARTA (JP): Governor Sutiyoso has urged public and private parties in the capital to help the administration maintain the city's forests and, if necessary, plant more trees to spruce up the capital. Speaking to the media on Wednesday, the governor said his administration could "do nothing" to preserve existing trees due to cuts in the city budget for this year.
Thu, 15 Oct 1998, 00:00 WIB
An old name LEP: A new brand 'GeoLogistic'
An old name LEP: A new brand 'GeoLogistic' LEP Internasional Indonesia Perdana, established in 1992, became the exclusive partner of LEP International Group on a worldwide basis. LEP International has been a major contributor to every chapter in the history of Global Freight Forwarding.
Thu, 15 Oct 1998, 00:00 WIB
An integrated food company
An integrated food company PT Sierad Produce, established in 1985 to market chickens and meat processing, is wholly owned by publicly listed company PT Anwar Sierad, a player in the Indonesian agrifood sector. Current operations have expanded to include fast-food chains, restaurants, franchising, food processing and poultry food production.
Thu, 15 Oct 1998, 00:00 WIB
Our political agenda
Our political agenda No more than 10 days have passed since President B.J. Habibie, in a speech delivered on the occasion of the 53rd anniversary of the Indonesian Armed Forces (ABRI), warned of the activities of "radicals" and "revolutionaries" presumably out to upset the nation's political agenda.
Thu, 15 Oct 1998, 00:00 WIB
Malaysia's Anwar moved to high-tech Sungai Buloh jail
Malaysia's Anwar moved to high-tech Sungai Buloh jail KUALA LUMPUR (Agencies): Sacked Malaysian finance minister Anwar Ibrahim was transferred on Wednesday to a jail outside the capital to be held on remand rather than under powerful internal security laws. Anwar, 51, arrested on Sept. 20 under the Internal Security Act (ISA), was moved from the Bukit Aman federal police headquarters in Kuala Lumpur to Sungai Buloh prison, 25 km to the north.
Thu, 15 Oct 1998, 00:00 WIB
Mass media's neutral stance after New Order
Mass media's neutral stance after New Order By Junarto Imam Prakoso JAKARTA (JP): Greater openness has allowed many Indonesian media publications to emerge but whether they can stick to journalistic principles of objectivity and impartiality is open to question. In the 1950s, many media publications were partisan.
Thu, 15 Oct 1998, 00:00 WIB
Govt revokes three decrees on township, reclamation projects
Govt revokes three decrees on township, reclamation projects JAKARTA (JP): President B.J. Habibie decided on Wednesday to revoke three presidential decrees signed by former president Soeharto on the reclamation of North Jakarta Bay and Kapuk Naga coast in Tangerang and the development of Jonggol as a new township.
Thu, 15 Oct 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Bali's conversion rates on Oct. 14, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Thu, 15 Oct 1998, 00:00 WIB
Nobel laureate to end exile
Nobel laureate to end exile LAGOS (AFP): Nigerian Nobel laureate Wole Soyinka will return to his home country on Wednesday, almost four years after fleeing into exile, an official of the German airline Lufthansa said. "Professor Soyinka is scheduled to arrive in Lagos tonight on the 19:40 (1:40 a.m. Jakarta time) flight from London," the official said.
Thu, 15 Oct 1998, 00:00 WIB
National Archives building to reopen soon
National Archives building to reopen soon JAKARTA (JP): The Indonesian National Archives building on Jl. Gajah Mada in the historic Kota district of Jakarta will officially be reopened on Nov. 1 after undergoing more than three years of renovation.
Thu, 15 Oct 1998, 00:00 WIB
Child labor and economic crisis
Child labor and economic crisis By Nafsiah Mboi This is the first of two articles on the likely increase in child labor amid the growing economic crisis. JAKARTA (JP): The government's decision to postpone enforcement of the controversial labor law No. 25/1997 is good news because both the process of its deliberation and its substance, which included provisions related to exploitative and hazardous child labor, were badly flawed. The government, in announcing its decision on Aug.
Thu, 15 Oct 1998, 00:00 WIB
Cultism may endanger PDI's democratic life
Cultism may endanger PDI's democratic life Megawati Soekarnoputri retained control of her unrecognized Indonesian Democratic Party (PDI) faction without even being challenged at its congress in Bali over the weekend. Political scientist Arbi Sanit of the University of Indonesia discusses the outcome of the congress. Question: What does the unanimous election of Megawati as the faction's chairwoman mean?
Thu, 15 Oct 1998, 00:00 WIB
Garment workers protest dismissals
Garment workers protest dismissals JAKARTA (JP): Some 17 former workers of garment manufacturer PT Kemenangan Langgeng in North Jakarta visited the National Commission on Human Rights on Tuesday to complain about their dismissals. The workers' spokeswoman, Atin, told commission member BN Marbun that the company dismissed them because they set up an independent workers union called the Independent Garment Labor Union on Oct. 1. "To set up an independent workers union is our right.
Thu, 15 Oct 1998, 00:00 WIB
Police question Bantul official
Police question Bantul official YOGYAKARTA (JP): Bantul and Yogyakarta police investigating the death of Bernas journalist Fuad Mohammad Sjafruddin, known as Udin, have questioned a close associate of Bantul regent Sri Roso Sudarmo. Sukrisno, the head of administration affairs in Wirokerten village, was questioned for several hours. Detective Lt. Col. Erwin Tobing said several more people would also be questioned. Udin's death three days after he was assaulted at his home on Aug.
Thu, 15 Oct 1998, 00:00 WIB
Government forecasts drop in October inflation rate
Government forecasts drop in October inflation rate JAKARTA (JP): The government expects inflation to lessen significantly this month due to the strengthening of the rupiah, Minister of Finance Bambang Subianto said on Wednesday. "We expect milder inflation this month, lower than the 6.3 percent in August and the 3.75 percent in September," Bambang told reporters after a meeting of economics ministers at the Bina Graha presidential office.
Thu, 15 Oct 1998, 00:00 WIB
Speaker swears in 91 new MPR members
Speaker swears in 91 new MPR members JAKARTA (JP): House Speaker Harmoko installed 91 new members of the People's Consultative Assembly (MPR) on Wednesday, dismissing speculation that political engineering was behind the move. Of the 91 new members, 24 Golkar and Armed Forces representatives entered the Assembly by virtue of becoming new legislators in the House of Representatives (DPR).
Thu, 15 Oct 1998, 00:00 WIB
Rupiah will get stronger: Sjahril
Rupiah will get stronger: Sjahril SINGAPORE (Dow Jones): Bank Indonesia Governor Sjahril Sabirin said Wednesday policies prescribed by the International Monetary Fund for Indonesia are working. Addressing a conference sponsored by the World Economic Forum here, Sjahril also said the delay in his country's recovery from the crisis rocking its economy is the result of non-economic factors. He said the he is "confident" the rupiah will continue to improve.
Thu, 15 Oct 1998, 00:00 WIB
Old lady evicted after 7-year row
Old lady evicted after 7-year row JAKARTA (JP): Eighty-four-year-old Mariam Muharam Wiranatakusuma (seated) resigned herself to eviction on Wednesday when she was forced by police officers to leave her house on Jl. Cik Di Tiro in Menteng, Central Jakarta, following a seven-year dispute over the house's ownership. Mariam could do little more than watch as her belongings were packed up under the watchful gaze of police officers.
Thu, 15 Oct 1998, 00:00 WIB
Asian oil and power demand 'will rebound'
Asian oil and power demand 'will rebound' SINGAPORE (Dow Jones): Asian demand for oil and power will return to 1997 levels in two to five years, industry executives and an investment market analyst said Wednesday. When it does, it will push most Asian countries to become net oil importers in the first decade of the next millennium, said Herb Vogel, an executive with Atlantic Richfield Indonesia Inc., a unit of Atlantic Richfield Co. in the U.S. (ARCO).
Thu, 15 Oct 1998, 00:00 WIB
DPR criticizes political bills
DPR criticizes political bills JAKARTA (JP): The House of Representatives (DPR) questioned the government on Wednesday over three political bills it had submitted for deliberation last month. All four House factions argued in a plenary session that the bills still had many loopholes which could be taken advantage of to manipulate and distort elections. In the second reading of the bills, attended by Minister of Home Affairs Lt. Gen.
Thu, 15 Oct 1998, 00:00 WIB
Palm oil sales push up Astra Agro's net profit
Palm oil sales push up Astra Agro's net profit JAKARTA (JP): Publicly listed plantation company PT Astra Agro Lestari (AAL) announced on Wednesday a 171.4 percent increase in its net profit in the January to September period to Rp 153 billion (about US$17 million) from Rp 56.6 billion in the corresponding period last year.
Thu, 15 Oct 1998, 00:00 WIB
Indosat reviews its investment in 'TPI'
Indosat reviews its investment in 'TPI' JAKARTA (JP): Publicly listed international telecommunications provider PT Indosat is mulling whether to carry through on its option for a 30 percent stake in television broadcaster PT Cipta Televisi Pendidikan Indonesia (TPI) when its five-year convertible bonds mature. Indosat president Tjahjono Soerjodibroto said on Wednesday the company was still determining if TPI would be the appropriate vehicle to develop Indosat's interactive multimedia services.
Thu, 15 Oct 1998, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Exhibition * Works Exhibition by Heri Dono, Indonesian contemporary artist, CCCL - French Cultural Center Jl. Darmokali 10 (Phone: 5678639), 9 a.m. to 8:30 p.m., Thursday to Saturday, until Oct. 31. Performances * Jazz Music: Claire Martin Quintet, in Majapahit Hotel, Jl. Tunjungan 65 (Phone: 031 5454333), 7:30 p.m., Work Shop at 11 a.m. to 1 p.m., Oct. 24. Further information contact The British Council (Phone: 021 2524115).
Thu, 15 Oct 1998, 00:00 WIB
Obituary
Obituary JAKARTA (JP): Writer Satyagraha Hoerip died of a stroke at the Indonesian Christian University Hospital in Cawang, East Jakarta, on Wednesday. He was 64. Satyagraha had been in the hospital's intensive care unit since Sept. 29 being treated for heart and diabetic complications. He is survived by his wife, five children and six grandchildren. He will be buried at the Menteng Pulo public cemetery in South Jakarta on Thursday.
Thu, 15 Oct 1998, 00:00 WIB
Another Bank Andromeda commissioner questioned
Another Bank Andromeda commissioner questioned JAKARTA (JP): The National Police on Wednesday summoned Bambang Trihatmodjo's closest crony Yohanes Kotjo for questioning in relation to an alleged scam at Bank Andromeda, of which he was a part-owner. As with other suspected banking criminals summoned to account for their actions, both Yohanes and the police refused to discuss the results of the five-hour questioning.
Thu, 15 Oct 1998, 00:00 WIB
Cambodian athletes face money woes ahead of Asiad
Cambodian athletes face money woes ahead of Asiad By Ker Munthit PHNOM PENH (AP): Cambodian boxer Hem Sokhet dreams of winning gold as he trains for the upcoming Asian Games, but the reality of hungry mouths to feed at home keeps him away from the practice he so desperately needs.