Indonesian Political, Business & Finance News

Archive: 14 February 1998

Showing 51-59 of 59 articles

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 13, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 700 0 0 AHAP Insurance 350 0 0 Alter Abadi 575 0 0 Alumindo Light Metal 350 -25 63,500 Alumindo Perkasa 275 0 0 Aneka Kimia Raya 600 -25 171,500 Aneka Tambang 1,575 -50 9,101,000 Anwar Sierad 225 0 147,000 Apac Centertex Corp.

Activists oppose police phone tapping plan

Activists oppose police phone tapping plan JAKARTA (JP): A police plan to access cellular phones and stop political calls were met with strong criticism yesterday from a human right campaigner and a legal activist. Marzuki Darusman, from the National Commission on Human Rights, and Munir, from the Indonesian Legal Aid Foundation, said that not only is the tapping in violation of human rights but it also amounts to an "act of intimidation".

Precocious child in book of record

Precocious child in book of record JAKARTA (JP): She is only four-year-old, but she writes Roman numerals up to 2,000, calculates the cotangent, cosine and sine of a triangle and the roots of numbers of up to 225,000. Because of her precocious ability, Mega Cristivana from Surakarta, Central Java, was entered into the Indonesian Museum of Records Thursday. The toddler impressed a panel of judges, led by the museum's director Jaya Suprana, who "tested" her in the Central Java capital of Semarang.

Overseas trip prohibited

Overseas trip prohibited MEDAN, North Sumatra: Governor Raja Inal Siregar has prohibited regents and mayors from traveling overseas until after the upcoming meetings of People's Consultative Assembly in Jakarta scheduled for March 1 to March 11. Siregar said yesterday the officials should focus on security in their respective areas during that period, Antara reported.

RI corporate debtors set up contact committee

RI corporate debtors set up contact committee JAKARTA (JP): Indonesia's private corporate debtors established a contact committee yesterday to move forward on negotiations with their foreign creditors. The chairman of the Corporate Foreign Debt Settlement Team, Radius Prawiro, said yesterday the Contact Committee, representing about 1,000 Indonesian companies, would negotiate with a steering committee of foreign lenders.

Trading course for newly unemployed

Trading course for newly unemployed JAKARTA (JP): Central Jakarta mayoralty has been selected for a pilot project designed to return people recently made redundant to work, Mayor Andi Subur Abdullah said yesterday. The project, scheduled to begin next Friday, will initially include 200 participants from the mayoralty's 44 subdistricts, he said. Each subdistrict is required to send four or five of its residents for a week's training in the sale of staple foods.

Winter Olympics out in the cold

Winter Olympics out in the cold As far as I know, Indonesia is not participating in the ongoing Winter Olympics in Japan, but I still feel it is a great pity local TV stations are completely ignoring this important event, which people around the world are following with enthusiasm. I am convinced the majority of Indonesians would welcome the possibility to watch this exciting show of top international athletes.

UPS eyes Indonesian deal

UPS eyes Indonesian deal HONG KONG (Reuters): United Parcel Service (UPS) expects to finalize its joint venture with Indonesia's PT Cardig Citra and the Salim group at the end of this month, UPS vice president for Asia Pacific Charles Adams said. "We will have 48 percent in the joint venture in Indonesia," Adams said. UPS is also in the process of negotiating a joint venture with India's Elbee Services. "We have to work through the system in India and get approval," Adams said.

W. Sumatra to host 2nd leg Gudang Garam motocross

W. Sumatra to host 2nd leg Gudang Garam motocross JAKARTA (JP): The province of West Sumatra has been chosen to host the second leg of the Gudang Garam international motocross championships, from March 11 to March 12. West Sumatra capital Bukittinggi will probably be the venue for the event. West Sumatra was selected for the motocross event because it already has a keen audience, and to promote tourism there.