Archive: 29 July 1999
62 articles found
Thu, 29 Jul 1999, 00:00 WIB
Draft law frees new media from license
Draft law frees new media from license JAKARTA (JP): Minister of Information Muhammad Yunus recommended on Wednesday the abolition of the obligation for print media to obtain publishing licenses (SIUPP), marking another breakthrough for reform in the sector. He also hinted that foreign investment would be granted access to invest in national print media.
Thu, 29 Jul 1999, 00:00 WIB
Old airstrip to be renovated
Old airstrip to be renovated KENDARI, Southeast Sulawesi: The local administration will renovate an airstrip built during the Japanese colonial time in Pajongae village, East Poleang subdistrict in Buton district, Antara said. "Renovating the airstrip is important for our effort to boost investments and tourism in Buton," Governor La Ode Kaimoeddin said here Wednesday.
Thu, 29 Jul 1999, 00:00 WIB
Indonesian riders to start medal fight on Aug. 8
Indonesian riders to start medal fight on Aug. 8 JAKARTA (JP): Indonesian cyclists will have the opportunity to win the first medals for their country in the opening event of the 20th Southeast Asian Games in Brunei Darussalam next month. Cycling training director Sofian Ruzian said on Wednesday that Tonton Susanto and Goang Sulistiyono would begin the struggle for medals in the 45-kilometer individual time trial (ITT) final on Aug. 8. "Our chance of winning medals is fifty-fifty.
Thu, 29 Jul 1999, 00:00 WIB
Megawati's silence
Megawati's silence As a subscriber to The Jakarta Post, I praise your enlightening editorial of July 17, 1999. Your commentary on Mrs. Megawati Soekarnoputri therein was a sharp contrast with your editorial of April 30, 1999, which subjectively underestimated her quality. Give Mrs. Megawati her due. I am not for a political dynasty, but I am for political justice. In his sideline commentary: Diam (silence) (Tempo, May 10, 1999), Mr. Goenawan Mohamad beautifully commented on Mrs.
Thu, 29 Jul 1999, 00:00 WIB
South Sulawesi babies suffer malnutrition
South Sulawesi babies suffer malnutrition PANGKEP, South Sulawesi (JP): Hundreds of children under the age of five in four subdistricts here are undernourished, with 23 of them suffering from acute malnutrition. At least two of the children have died of hunger-related diseases while four others are in critical condition. More than 300 of a total of 2,600 infants and children here are suffering from various illnesses caused by poor nutrition.
Thu, 29 Jul 1999, 00:00 WIB
On being emotional and irrational
On being emotional and irrational John Hargreaves commented on my letter from July 14, 1999, that I was worrying about the wrong issue (The Jakarta Post, July 20, 1999). He said being emotional and irrational are two different things, arguing in the words of Joseph Conrad, "convictions are a disguised servant of our passion".
Thu, 29 Jul 1999, 00:00 WIB
Residents told to don masks
Residents told to don masks PONTIANAK, West Kalimantan: Head of the provincial health office M.H. Torisz has advised residents to wear masks because haze resulting from forest fires in the province is getting thicker, Antara reported. He said his office was monitoring the thickness of the haze in the province and had taken precautions to deal with respiratory problems caused by air pollution. There are an estimated 300 hot spots in the province, mostly found in Sintang regency.
Thu, 29 Jul 1999, 00:00 WIB
Indonesia joins Disney shows
Indonesia joins Disney shows JAKARTA (JP): The Indonesian Tourism Promotion Board will support Indonesia's Independence Day event to be held by Walt Disney World in Orlando, Florida, from Aug. 17 to Aug. 19. The board said on Tuesday that it would participate in Disney's regular 30-minute duration shows held daily, which, during the three-day event, would present some Indonesian songs, including the national hymns Indonesia Raya and Tujuh Belas Agustus, and perform traditional dances.
Thu, 29 Jul 1999, 00:00 WIB
Indonesian swimmers outstanding in simulation
Indonesian swimmers outstanding in simulation JAKARTA (JP): National swimmers performed outstandingly in a two-day simulation session at the Senayan swimming pool in final preparations for the 20th Southeast Asian (SEA) Games in Brunei Darussalam next month. Indonesian Swimming Federation (PRSI) chief of swimming technical commission Lukman Niode said on Wednesday the results were satisfying despite the limited preparation time.
Thu, 29 Jul 1999, 00:00 WIB
Landslide in Kutai kills nine
Landslide in Kutai kills nine JAKARTA (JP): Nine people died and three more were injured in a landslide at a traditional gold mine near the Babi River in Long Iram district, Kutai, East Kalimantan, on Tuesday. Rescue workers continued their search on Wednesday for 30 people who are still missing. "The rescue team is still working at the site and I haven't received further details about the victims," Kutai Police chief Lt. Col. Abdul Madjid R.
Thu, 29 Jul 1999, 00:00 WIB
Citibank to launch Big Brother program
Citibank to launch Big Brother program JAKARTA (JP): Citibank employees will soon be roaming the city's neighborhoods in an effort to help children stay in school. Citibank's Big Brother and Big Sister program is due to begin next month. A total of 180 Citibank employees have signed up for the program, which is part of the Community Care program the bank launched last February. Citibank will donate Rp 350,000 (US$50) per year for each child in the Big Brother and Big Sister program.
Thu, 29 Jul 1999, 00:00 WIB
Cronyism not gone from 'forestry business'
Cronyism not gone from 'forestry business' JAKARTA (JP): The Indonesian Forum for the Environment (Walhi) warned on Wednesday that without greater transparency, the government's forestry policy will simply transfer old crony practices to new operators. Walhi lauded the government's move to revoke the forestry concessions that had been given to the families and friends of former president Soeharto as part of the official campaign to eradicate corruption, collusion and nepotism.
Thu, 29 Jul 1999, 00:00 WIB
Regional stock markets end higher
Regional stock markets end higher HONG KONG (AP): Asian stock markets rallied Wednesday, with overnight gains on Wall Street driving many markets' rebounds. In Jakarta, Indonesian shares ended sharply higher on a technical rebound after recent sharp losses. The JSX Composite Index closed up 4.5 percent, or 26.041 points, at 599.257 points. In Japan, the benchmark 225-issue Nikkei Stock Average rose 117.19 points, or 0.67 percent, to close at 17,579.91.
Thu, 29 Jul 1999, 00:00 WIB
Ten die of malaria in East Lombok
Ten die of malaria in East Lombok MATARAM, West Nusa Tenggara: A malaria outbreak has claimed 10 lives in Batunampar village, East Lombok, since July 13, a health official said on Wednesday. "Another 97 people have tested positive for malaria," said Sejarah, who is the spokesman for Sukaraja public health center in Batunampar. West Nusa Tenggara Governor H. Harun Al Rasjid has expressed concern over the death toll.
Thu, 29 Jul 1999, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Exhibition * Photo Exhibition: by Michel Semeniako (French), at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., Aug. 3-31. Performance * Contemporary Dances, by students of ISI Yogyakarta, at CCF - French Cultural Center, 7 p.m., Aug. 10. Seminar * Kebijakan Perusahaan dan Etika, organized by Knoledge Tree, at CCF - French Cultural Center, 5 p.m., July 30. Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.
Thu, 29 Jul 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 28, 1999: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 525 25 2,869,500 AHAP Insurance 525 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 350 25 159,000 Alumindo Light Metal 950 25 5,000 Aneka Kimia Raya 600 0 0 Aneka Tambang (Persero) 1,550 50 4,767,000 Anwar Sierad 300 50 155,000 APAC Centertex Corp.
Thu, 29 Jul 1999, 00:00 WIB
Safeguard MPR session: President
Safeguard MPR session: President JAKARTA (JP): President B.J. Habibie instructed the Indonesian Military (TNI) and the National Police to step up security precautions for the upcoming General Session of the People's Consultative Assembly (MPR), Minister of Information Muhammad Yunus said on Wednesday. He said the President ordered Minister of Defense and Security/TNI Commander Gen. Wiranto and National Police Chief Gen.
Thu, 29 Jul 1999, 00:00 WIB
Disease, malnutrition claim lives of 100 East Timor refugees
Disease, malnutrition claim lives of 100 East Timor refugees DILI, East Timor (JP): At least 100 displaced people in Faulara hamlet, some 50 kilometers west of here, have died of various contagious diseases and malnutrition since January, a United Nations mission official said on Wednesday.
Thu, 29 Jul 1999, 00:00 WIB
Fake wristwatches seized in raid
Fake wristwatches seized in raid JAKARTA (JP): National Police confiscated thousands of fake Baby-G and G-Shock wristwatches and Casio calculators from shops in Central Jakarta, an officer said. The head of the National Police's information unit, Col. Saleh Saaf, said on Tuesday the shops were raided on Monday following complaints from the public about the sale of fake watches.
Thu, 29 Jul 1999, 00:00 WIB
'Joged' dance combines art and eroticism
'Joged' dance combines art and eroticism By Kadek Suartaya DENPASAR, Bali (JP): Twenty-seven beautiful dancers sway their bodies erotically. With sensual smiles, they challenge the audience, mostly men with their eyes wide open, to follow their moves. The dancers hypnotize and lure viewers while taking part in the four-day joged (dance) competition, held here in mid-July.
Thu, 29 Jul 1999, 00:00 WIB
BI audit 'should focus on misuse of liquidity support'
BI audit 'should focus on misuse of liquidity support' JAKARTA (JP): The Supreme Audit Agency's planned audit of Bank Indonesia should focus on the possible misuse of the estimated Rp 145 trillion (US$21.32 billion) in liquidity support given to local banks, according to a legislator.
Thu, 29 Jul 1999, 00:00 WIB
Indonesia aims for three taekwondo golds in Games
Indonesia aims for three taekwondo golds in Games By Primastuti Handayani JAKARTA (JP): The Indonesian Taekwondo Association (TI) is one among several sports organizations which focus its top athletes for the 2000 Olympics and field newcomers in the 20th Southeast Asian (SEA) Games without any intention of underestimating the biennial event.
Thu, 29 Jul 1999, 00:00 WIB
Sanggraha builds warehouses
Sanggraha builds warehouses JAKARTA (JP): PT Sanggraha Daksamitra, a subsidiary of Japan's Nisso Iwai Corporation, started on Wednesday construction of its warehouse complex on the Jakarta Soekarno-Hatta Airport site. Ishak Chandra, the marketing manager of the company, said the warehouse, part of its integrated business district to be built at the airport complex, would be completed in early 2000. Ishak said a total of 21 companies had registered to become tenants of the warehouse.
Thu, 29 Jul 1999, 00:00 WIB
Panwaslu sets deadline for parties' complaints
Panwaslu sets deadline for parties' complaints JAKARTA (JP): The Election Supervisory Committee (Panwaslu) on Wednesday gave all 27 political parties that have refused to sign the official poll report until 5 p.m. Thursday to file their complaints of election irregularities. Djoeharmansyah Djohan, spokesman for the General Elections Commission (KPU), told The Jakarta Post that Panwaslu sent a letter regarding the deadline to the commission on Wednesday.
Thu, 29 Jul 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Bali's conversion rates on July 28, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Thu, 29 Jul 1999, 00:00 WIB
Alternative presidential candidates 'may be harmful'
Alternative presidential candidates 'may be harmful' JAKARTA (JP): Constitutional law expert Usep Ranuwidjaja said the move by Nahdlatul Ulama (NU) chairman Abdurrahman Wahid and National Mandate Party (PAN) chairman Amien Rais to seek an alternative presidential candidate could prove dangerous. "I think the move... is wrong and dangerous," Usep was quoted by Antara as saying on Tuesday. Usep believes the move is intended to take advantage of the confrontation between the camps of President B.J.
Thu, 29 Jul 1999, 00:00 WIB
Andri hopes for hat trick of SEA Games golds
Andri hopes for hat trick of SEA Games golds JAKARTA (JP): Andri Halim is a veteran of the taekwondo mattress after participating in the Southeast Asian (SEA) Games four times since 1991. He has vowed not to retire before attempting to win a hat trick of consecutive golds in the Games. "I never get bored of competing in the Games. As long as God believes I can still contribute to my country, I will fight.
Thu, 29 Jul 1999, 00:00 WIB
Archer Hamdiah beaten in world meet
Archer Hamdiah beaten in world meet JAKARTA (JP): Indonesia's only woman archer who qualified for the 2000 Olympic Games in Sydney, Hamdiah, lost to top-ranked Lee Kyung-eun of South Korea 99-103 in the quarterfinals of the 40th World Archery Tournament in Riom, France on Wednesday. However, the result will not affect Hamdiah's chances for a ticket to Sydney. "Hamdiah is finally defeated. The struggle of Indonesia's team has finished here," said team manager Udi Harsono.
Thu, 29 Jul 1999, 00:00 WIB
Indonesian pepper exports predicted to drop 40%
Indonesian pepper exports predicted to drop 40% JAKARTA (JP): Indonesia's pepper export will drop 40 percent to 25,000 metric tons this year from 40,511 tons in 1998 due to poor harvests, the International Pepper Community (IPC) predicted on Wednesday. IPC executive director K.P.G.
Thu, 29 Jul 1999, 00:00 WIB
Housewife gang raped by 17 men
Housewife gang raped by 17 men KUPANG, East Nusa Tenggara: A 20-year-old housewife reported to the police that 17 male neighbors raped her in three separate incidents on Tuesday night, Antara said. Accompanied by her husband, the woman, identified only as DT, said she was first raped by six men in a house in the Lasiana area. Then, she was raped by seven men, and finally by four men in yet another spot. The woman was taken to Prof. W.Z. Johannes Hospital before she went to the police.
Thu, 29 Jul 1999, 00:00 WIB
Local bond market picks up on lower interest rates
Local bond market picks up on lower interest rates JAKARTA (JP): The local bond market has been consistently picking up since mid-April due to declining interest rates, an analyst said on Wednesday. Kahlil Rowter, the head of Fixed Income Research at state- owned investment company PT Danareksa said bond trading on the Jakarta and Surabaya stock exchanges was clearly more active.
Thu, 29 Jul 1999, 00:00 WIB
Council endorses new bylaw on city's spatial plan
Council endorses new bylaw on city's spatial plan JAKARTA (JP): The City Council endorsed on Wednesday a new bylaw on the city's spatial plan, effective through 2010, with a provision for more green areas but no other significant changes. Council speaker Edy Waluyo told a plenary session that he hoped the endorsement would put an end to the past record of breaches of the spatial plan.
Thu, 29 Jul 1999, 00:00 WIB
Forex reserves rise to $17.1 billion
Forex reserves rise to $17.1 billion JAKARTA (JP): Indonesia's net foreign exchange reserves increased by US$39 million to $17.1 billion on July 23 compared to the previous week's level, according to Bank Indonesia's weekly report. The central bank said in its report issued late Tuesday the increase was mainly due to receipts from gas and oil and the disbursement of foreign loans. Net foreign reserves were now well above the IMF-adjusted target of $15.7 billion, the bank said.
Thu, 29 Jul 1999, 00:00 WIB
Eight missing in plane crash
Eight missing in plane crash BAGUIO, Philippines (AFP): A small plane crashed in the northern Philippines early on Wednesday and all eight people on board are missing, a military source here said. The wreckage of the King Air plane was found in the village of Luboluban near the town of Cervantes, said an air force source who asked not to be named. The source said no bodies were found among the wreckage of the plane, owned by Lepanto Consolidated Mining Co.
Thu, 29 Jul 1999, 00:00 WIB
RP may remain under IMF
RP may remain under IMF MANILA (AFP): The Philippines may not exit from the monitoring of the International Monetary Fund (IMF) even after its "precautionary arrangement" with the fund expires in eight months, central bank chief Rafael Buenaventura said here Wednesday.
Thu, 29 Jul 1999, 00:00 WIB
Mia claims PBSI announced too soon her planned 'expulsion'
Mia claims PBSI announced too soon her planned 'expulsion' JAKARTA (JP): Mia Audina denied on Wednesday she was set to join husband Tylio Lobman in the Netherlands, the reason given by the Badminton Association of Indonesia (PBSI) on Tuesday in announcing her expulsion from its program. "I didn't make a final decision in yesterday's meeting.
Thu, 29 Jul 1999, 00:00 WIB
Police uncover major ecstasy production center
Police uncover major ecstasy production center JAKARTA (JP): Police detectives have uncovered a major ecstasy pill production center in Kebon Jeruk, West Jakarta, and arrested two people, one of them an Australian, for their alleged involvement, an officer said on Wednesday. City Police detective chief Col. Alex Bambang Riatmodjo said the two people were identified as Agustian Chandra, alias Yosef, 35, and David Mark Sinclair, 37.
Thu, 29 Jul 1999, 00:00 WIB
Economist says new government could oppose IMF
Economist says new government could oppose IMF JAKARTA (JP): A new Indonesian government which is expected to be formed later this year would most likely force the International Monetary Fund to renegotiate its harsh economic measures, said a prominent economist. Sri Mulyani, an economist at the University of Indonesia, said on Wednesday the future government would not have "a sense of belonging" to the current IMF economic reform programs.
Thu, 29 Jul 1999, 00:00 WIB
Reinforcement troops arrive in Ambon
Reinforcement troops arrive in Ambon JAKARTA (JP): A battalion of reinforcement troops arrived in the Maluku capital of Ambon on Wednesday as violence continued between Muslims and Christians in the riot-torn city, causing at least 15 deaths since Tuesday, witnesses and a local military spokesman said. Spokesman for the Maluku Military Command Lt. Col. Iwa Budiman told The Jakarta Post by phone on Wednesday that about 450 marines arrived at Pattimura Airport at around 10 a.m.
Thu, 29 Jul 1999, 00:00 WIB
Festival to celebrate oral traditions
Festival to celebrate oral traditions JAKARTA (JP): Indonesia's national motto Bhineka Tunggal Ika, unity in diversity, was empty political rhetoric for the New Order regime during the last 30 years, says a literary expert.
Thu, 29 Jul 1999, 00:00 WIB
Donors commit $5.9 billion for Indonesia
Donors commit $5.9 billion for Indonesia PARIS (Agencies): Donor countries and institutions on Wednesday pledged US$5.9 billion of assistance for Indonesia this year but stressed the need for continued economic reform, a smooth political transition and a stepped-up fight against corruption.
Thu, 29 Jul 1999, 00:00 WIB
Beutong incident victims given proper burial
Beutong incident victims given proper burial JAKARTA (JP): Mourning relatives dug up on Wednesday the graves of 31 civilians shot dead by troops on Friday in what the Indonesian Military described as an armed contact with separatist rebels in Beutong, West Aceh regency. The remains of former political prisoner Tengku Bantaqiah, who was also a suspected rebel leader, and his wife were given proper burial along with those of other victims.
Thu, 29 Jul 1999, 00:00 WIB
Betawi art finds the spotlight
Betawi art finds the spotlight JAKARTA (JP): A 10-day exhibition is promoting the culture of the Betawi, the indigenous residents of the city, in conjunction with the 472nd anniversary of the capital. The event, opened on Tuesday evening at Kedai Bis Tingkat restaurant in the Sudirman Central Business District complex in South Jakarta, will feature Betawi traditional dances, music, plays and other art forms, such as Tanjidor, Ondel-ondel, Marawih, Lenong and Gambang Kromong.
Thu, 29 Jul 1999, 00:00 WIB
'RCTI' editorial staff cancels planned strike
'RCTI' editorial staff cancels planned strike JAKARTA (JP): About 41 journalists from the editorial department of private television station RCTI canceled a planned strike on Wednesday after reaching an agreement with the station's management to set up a board of editors. The employees' spokesman, Ray Wijaya, said the editorial board would take over the duties of current chief editor Chrys Kelana and his two deputies, Desi Anwar and Adolf Posuma.
Thu, 29 Jul 1999, 00:00 WIB
WB lends record $29b during fiscal 1999
WB lends record $29b during fiscal 1999 WASHINGTON (Reuters): The World Bank said on Tuesday it approved a record US$29 billion in loans during fiscal 1999 with Argentina, Indonesia, China and South Korea securing the largest portion of the spoils. Of the $29 billion the World Bank agreed to lend during the year, $24 billion was disbursed. The total surpassed the previous record of $28.6 billion set in 1998.
Thu, 29 Jul 1999, 00:00 WIB
Where to go in Bali:
Where to go in Bali: Exhibitions * Painting Exhibition: Anugerah Seni, by 36 Balinese traditional Artists, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until Sept. 10. * Painting Exhibition: by Kelompok Seni Rupa Jendela, at Padma Bali Hotel (Phone: 0361 752111), July 30 to Aug. 17. Music and Entertainment * Hard Rock Hotel, Jl. Pantai, Banjar Pande Mas, Kuta (Phone: 0361 761869): - Lobby Bar, 7:30 p.m.
Thu, 29 Jul 1999, 00:00 WIB
East Timor direct ballot will be Aug. 30, says Alatas
East Timor direct ballot will be Aug. 30, says Alatas SINGAPORE (JP): The United Nations has announced that the direct ballot in East Timor will be held on Aug. 30. Foreign minister Ali Alatas confirmed on Wednesday the new date, saying Indonesia could accept the new date set by UN Secretary-General Kofi Annan.
Thu, 29 Jul 1999, 00:00 WIB
Bogor police want RSCM to examine dismembered body
Bogor police want RSCM to examine dismembered body BOGOR (JP): Bogor Police chief Col. Hari Setyabudhi announced plans on Wednesday to send a dismembered male body to Cipto Mangunkusumo General Hospital (RSCM) in Jakarta due to the slow progress made by forensic experts at the local PMI (Red Cross) hospital.
Thu, 29 Jul 1999, 00:00 WIB
Borrowing to survive
Borrowing to survive The Indonesian government appears to lead a hand-to-mouth existence. The US$5.9 billion in new loan pledges obtained by the government from creditors at the annual meeting of the Consultative Group on Indonesia (CGI) in Paris on Wednesday has secured state budget financing. But the loans only provide a breathing space until March, the end of the current (1999/2000) fiscal year. The new government, which will be formed in November, will hardly have any time for celebrations.
Thu, 29 Jul 1999, 00:00 WIB
Grenade found outside U.S. embassy
Grenade found outside U.S. embassy JAKARTA (JP): A grenade was found outside the United States Embassy in Central Jakarta by embassy security personnel on Tuesday night. The grenade, which was found near a tree at around 10 p.m., did not explode. Embassy personnel quickly alerted police and the National Police bomb squad shortly arrived at the scene, a press statement from the embassy said. City police chief Maj. Gen. Noegroho Djajoesman announced that the grenade was a dud.
Thu, 29 Jul 1999, 00:00 WIB
Gama sees hope, progress for East Timor
Gama sees hope, progress for East Timor The past 22 years have been marked by diplomatic acrimony between Lisbon and Jakarta over the issue of East Timor. The recent breakthrough in peace talks in the province and the United Nations-sponsored direct ballot in East Timor on Aug. 30 have led to a slight thawing in ties.
Thu, 29 Jul 1999, 00:00 WIB
DBS profit up four-fold
DBS profit up four-fold SINGAPORE (AFP): Southeast Asia's top banking group, the Development Bank of Singapore, on Wednesday announced its net profit rose four-fold from a year ago to S$654.96 million (US$387.55 million) in the first half of the year.
Thu, 29 Jul 1999, 00:00 WIB
Asian monies gain ground on yen's surge
Asian monies gain ground on yen's surge HONG KONG (Dow Jones): The dollar's tumble against the yen dragged the U.S. currency lower against Asian regional currencies during local trading hours on Wednesday. In Southeast Asia, the dollar weakened against the Singapore dollar and dropped sharply against the Indonesian rupiah. Heavy sales of the U.S. currency were also seen against the Thai baht, despite the closure of markets in Bangkok for a holiday. Heavy U.S.
Thu, 29 Jul 1999, 00:00 WIB
Yogyakarta's bustier seller finds religion pays
Yogyakarta's bustier seller finds religion pays By Bambang Tiong YOGYAKARTA (JP): Yohana Juminah, 54, began her career in 1966 as a traditional bustier maker in Beringharjo market, Yogyakarta. During her six years in this profession, she never even had a glimpse of success, and the number of orders she received began to fall. During this time in 1972, her business was undermined by competitors offering higher quality and better designed products.
Thu, 29 Jul 1999, 00:00 WIB
Suparma plans bonus shares
Suparma plans bonus shares SURABAYA (JP): Publicly listed paper producer PT Suparma said on Wednesday it would issue bonus shares to shareholders in a bid to increase its paid-up capital. Company president Hendro Luhur said shareholders approved the issuance of 616,572,000 bonus shares. "Shareholders will get 198 bonus shares for every 100 shares they own," Hendro said. The company produced 67,000 tons of paper in 1998, as compared to some 50,000 tons the previous year.
Thu, 29 Jul 1999, 00:00 WIB
PLN defends Tanjung Jati B buyout plan
PLN defends Tanjung Jati B buyout plan JAKARTA (JP): State-owned electricity company PT Perusahaan Listrik Negara (PLN), countering criticisms over its plan to buy out the Tanjung Jati B power plant, said on Wednesday the buyout scheme would alleviate its financial commitments. PLN president Adhi Satriya said the buyout scheme was the most favorable option presented to PLN during recent negotiations with dozens of independent power producers (IPPs).
Thu, 29 Jul 1999, 00:00 WIB
Inco nets US$4.1m profit
Inco nets US$4.1m profit JAKARTA (JP): Publicly listed tin mining company PT Inco announced on Wednesday an unaudited net profit of US$4.1 million for the second quarter of the year, a 25.4 percent decrease from $5.5 million in the second quarter of last year. "Our results and cash generation continued to improve in this quarter, compared with the previous quarter.
Thu, 29 Jul 1999, 00:00 WIB
Billions allotted for contraceptives
Billions allotted for contraceptives SURABAYA: The National Development Planning Board (Bappenas) has provided the provincial office of the National Family Planning Board with Rp 30 billion to purchase contraceptives for 1.1 million couples. "The assistance has come on time as contraceptive stocks in East Java has run out," office head Sugiri Syarief said as quoted by Antara on Wednesday. "We have no budget to purchase contraceptives this year," he added.
Thu, 29 Jul 1999, 00:00 WIB
China accedes to ASEAN nuclear treaty
China accedes to ASEAN nuclear treaty By Oei Eng Goan and Meidyatama Suryodiningrat SINGAPORE (JP): ASEAN made significant progress on Wednesday in having China accede to the protocol to the Treaty on the Southeast Asia Nuclear Weapons-Free Zone (SEANWFZ), and urged other nuclear powers to comply with the treaty to ensure regional peace and stability.
Thu, 29 Jul 1999, 00:00 WIB
Allianz expects $3.6m income from new clients
Allianz expects $3.6m income from new clients JAKARTA (JP): Life insurance company PT Asuransi Allianz Life Indonesia expects premium income of Rp 24 billion (about US$3.6 million) from new policyholders this year. Marketing director Jens Reisch said on Wednesday the additional premium income would bring the company's gross premium income to Rp 44 billion this year. It predicts 15,000 new life insurance policyholders this year for a total of 65,000 customers by the end of the year, he added.
Thu, 29 Jul 1999, 00:00 WIB
First impressions can be wrong
First impressions can be wrong By Marianus Kleden KUPANG, East Nusa Tenggara (JP): Weeks have passed, but actress Sophia Latjuba and her counterparts are still celebrating their success in attracting the attention of Peeping Toms and in distracting politicians' concentration by their exhibitionistic poses in the Popular magazine and other similar publications. Until very recently, discussions and talk-shows concerning the matter dominated prime time television and tabloid headlines.
Thu, 29 Jul 1999, 00:00 WIB
Japan's car makers to keep Indonesian assembly operations
Japan's car makers to keep Indonesian assembly operations JAKARTA (JP): Japan's automotive manufacturers said on Wednesday that they would maintain the operation of their assembly facilities here despite the recent removal of tax breaks given to vehicles with high local content. Hiroyuki Nakamura, deputy general manager of the Japan Automobile Manufacturers Association, Inc. (JAMA), said maintaining the existing assembly facilities would make their cars more competitive.