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Found 1,406 articles

More taxes to fund state spending

More taxes to fund state spending JAKARTA (JP): The government unveiled yesterday its 1996-1997 fiscal year spending plan, which features a hefty 16 percent increase to be financed chiefly through more taxes.

BRI's rating upgraded

BRI's rating upgraded HONG KONG (Reuter): Thomson BankWatch has assigned a senior debt rating of BB+ and an inter-country issuer rating of IC-B/C to Bank Rakyat Indonesia (BRI).The ratings reflect the bank's high creditworthiness in spite of the weakness in the quality of its loan portfolio, the...

Bogor chaotic

Bogor chaoticFrom KompasFor the last few days Kompas has published articles and photos showing what the town of Bogor is like. On Dec. 14, 1995, on page 8, there was a picture of a street full of garbage. And on Dec.. 16 we could see a picture which showed piles of rubbish.

Riau, Kalimantan get National parks

Riau, Kalimantan get National parks JAKARTA: The Ministry of Forestry has converted a huge forestry area in Riau and a large area of natural forest in West Kalimantan into a national park.Minister Djamaludin Suryohadikusumo declared in two separate decrees that an 800,000 hectare area, known as the...

After the flood, comes diarrhea

After the flood, comes diarrhea BANDA ACEH, Aceh: A provincial administration official warned of possible outbreaks of diarrhea in areas struck by floods in eastern and northern Aceh this week.Saleh Yacob, the chief of the administration's social services, said his office had already received...

Policies aimed to cool down economy: Mar'ie

Policies aimed to cool down economy: Mar'ie JAKARTA (JP): Fiscal and monetary policies in 1996/1997 (April/March) must be designed to cool down the economy without arresting the country's economic growth rate, which is expected to surpass seven percent, said Minister of Finance Mar'ie Muhammad.

Walhi won't file suit against polluters

Walhi won't file suit against polluters JAKARTA (JP): The Indonesian Forum for the Environment (Walhi) says it has no immediate plans to file lawsuits against companies named by the government as the worst industrial polluters, despite offers of assistance from the state.

Dispensary robbers indentified

Dispensary robbers indentified JAKARTA (JP): The South Jakarta police are searching a group of six robbers armed with a gun who committed a pre-dawn burglary at a building designated as a clinic and dispensary yesterday morning."The identities of all of the members are already known," Lt. Col.

Emerging Asian bourses back on the buy-list

Emerging Asian bourses back on the buy-list HONG KONG (Agencies): Many, but not all, of Asia's emerging stock markets seem to have been put back on the buy-list by foreign investors.But brokers and analysts in the region questioned by Reuters yesterday are not convinced the trend can last...

Demand for office space in S'pore expected to increase

Demand for office space in S'pore expected to increase SINGAPORE (Reuter): Demand for office space in Singapore is expected to be robust, allowing rentals to move up in 1996, property consultant Jones Lang Wootton (JLW) said yesterday at a seminar on construction and property.

Mitsubishi's venture capital

Mitsubishi's venture capital TOKYO (UPI): Mitsubishi will be the first Japanese trading company to enter the U.S. venture capital business, a business newspaper said yesterday.Mitsubishi, Japan's largest trading firm, wants to back growing U.S.

Hotels and restaurants get health certificates

Hotels and restaurants get health certificates JAKARTA (JP): Thirty-six hotels, restaurants and catering services received health certificates from the city administration yesterday.Fauzy Bowo, the head of the City Tourism Agency, said at the Kartika Chandra Hotel in Jakarta that the certificates,...

Will state budget be able to cool economy?

Will state budget be able to cool economy? The government unveiled its proposed budget yesterday. Economist Mari Pangestu calls for prudence, transparency and consistence in the financing of big projects.

Malaysian, S'pore rubber markets up

Malaysian, S'pore rubber markets up KUALA LUMPUR (Reuter): Malaysian rubber prices ended sharply higher yesterday after players chased the Tokyo market which surged in tandem with the yen, traders said.

Austere, realistic budget

Austere, realistic budget The 1996-1997 state budget which President Soeharto proposed to the House of Representatives (DPR) yesterday is qualitatively and structurally very similar to the current one. The spending plan reflects a conservative fiscal policy.

Many concerned over current account deficit

Many concerned over current account deficit JAKARTA (JP): Legislators and businessmen harbored strong reservations about the country's growing current account deficit and the overheating of the economy.

Soeharto unveils 1996-1997 draft state budget

Soeharto unveils 1996-1997 draft state budget President Soeharto unveiled the annual state budget draft yesterday before a plenary session of the House of Representatives (DPR). The following is an unofficial, condensed translation of the budget transcript.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1 p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m.

Kawasaki expands in Jakarta

Kawasaki expands in Jakarta TOKYO (AFP): Japan's Kawasaki Heavy Industries Ltd. is to invest 300 million yen (US$3 million) to boost motorcycle production in Indonesia by 80 percent to 66,000 units a year, the Nihon Keizai Shimbun said yesterday.

Minimum wage a problem: Bosses

Minimum wage a problem: Bosses JAKARTA (JP): Many private companies will face difficulties in implementing the new increase of workers' minimum wage as proposed recently by the All Indonesian Workers Union (SPSI), chairman of the Association of the Indonesian Employers said here yesterday.

Air tickets at post offices

Air tickets at post offices SAMARINDA, East Kalimantan: The Samarinda branch of PT Pos, the state post office company, is considering selling air tickets at its counters around the city.Samarinda branch manager Nussalim said his office is studying a cooperation proposal with PT Sempati, a private...

Britain, Philippines to hold exercises

Britain, Philippines to hold exercises MANILA (AFP): British Defense Secretary Michael Portillo signed a defense accord with the Philippines yesterday, allowing British troops to hold joint exercises with Filipino soldiers in 1997, the year London hands back Hong Kong to Beijing.

A new trend?

A new trend? Now that the holidays have passed and the celebrating is over, Jakarta has begun returning to normal. On Tuesday, according to one newspaper report, nearly 46,000 people arrived at the Pulogadung bus station after a long and grueling journey from various regions of Java.

Lone Star to upgrade RI gold mine

Lone Star to upgrade RI gold mine SYDNEY (Reuter): Lone Star Exploration NL said it expects to make a substantial upgrade to the resource estimate at the Awak Mas goldmine in Indonesia within the next week and a half, managing director Bill Crossley told Reuters.

Manila's new tax law sparks inflation fears

Manila's new tax law sparks inflation fears MANILA (Reuter): Inflation is expected to rear its ugly head in the Philippines following the introduction of a 10 percent expanded value added tax (E-VAT) and a rise in domestic oil product prices, analysts and economists said yesterday.

Hallmark buys RI mine

Hallmark buys RI mine PERTH (Reuter): Hallmark Gold NL said it has entered into an agreement with PT Arumbai Mangabekti (PAM) giving it the right to acquire 55 percent of the Indonesian manganese miner's issued capital for about US$1 million.

East Timor agitators desperate: Alatas

East Timor agitators desperate: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas yesterday berated the bedlam created by East Timorese agitators in the last 12 months as a "desperate" effort to revive the waning international interest in their cause.

NU never undermines government: Gus Dur

NU never undermines government: Gus Dur JAKARTA (JP): Abdurrahman Wahid, chairman of the 30-million strong Nahdlatul Ulama (NU), said his was the only organization which never got involved in any conflicts with the government.

Suramadu bridge waits for funds

Suramadu bridge waits for funds JAKARTA (JP): The construction of a six-kilometer Suramadu bridge connecting Surabaya and Madura island in East Java has yet to be started because all the parties involved are still in a "waiting position", said the Minister of Public Works Radinal Moochtar.

Surabaya ready to host ASEAN tourism forum

Surabaya ready to host ASEAN tourism forum JAKARTA (JP): At least 1,650 participants from the Association of Southeast Asian Nations (ASEAN) will attend the ASEAN Tourism Forum (ATF) in Surabaya, East Java, from Jan. 6 to Jan. 12.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.03, 1996: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 800 0 13,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,625 50 1,682,500 Aneka...

Government to import TSP fertilizer

Government to import TSP fertilizer JAKARTA (JP): The government announced yesterday it has decided to import 200,000 tons of triple-superphosphate (TSP) fertilizer this year to anticipate the shortage which may occur due to an early planting season this year.

BHP to explore Timor Sea

BHP to explore Timor Sea JAKARTA (JP): The Broken Hill Proprietary Company Limited, a Victoria-based Australian firm, announced yesterday that its wholly owned subsidiary BHP Petroleum (North West Shelf) Pty. Ltd. was awarded an oil exploration permit in the Timor Sea.

Jakarta-Bekasi flyover urgent

Jakarta-Bekasi flyover urgent JAKARTA (JP): Minister of Public Works Radinal Moochtar has said that the Jakarta-Bekasi elevated toll road is urgently needed.He said the feasibility study has been completed, and a technical study on the design will be made, Antara reported yesterday.

Official fees seen as burden to industry

Official fees seen as burden to industry JAKARTA (JP): Industries in East Kalimantan currently have to pay at least 24 official fees, including taxes, imposed by the central and local administrations.The Antara news agency yesterday quoted an anonymous source in Samarinda as saying that the fees...

Soeharto to propose state budget

Soeharto to propose state budget JAKARTA (JP): President Soeharto is to propose the 1996-1997 state budget to the House of Representatives today, a budget most analysts expect to be as austere as the current one.

Cleaning staff given bonus

Cleaning staff given bonus JAKARTA (JP): South Jakarta Mayor Pardjoko, on behalf of the mayoralty staff, has handed over Rp 50,000 in capital money for 57 cleaning service employees working at the office.The symbolic hand over took place on Tuesday at the mayoralty, Antara reported yesterday.

Two officers to be queried over killing

Two officers to be queried over killing JAKARTA (JP): City police will question two West Sumatra policemen for allegedly lending a gun to a man, who then used it to fatally shoot his love rival here late last week.City police spokesman Lt. Col.

Moslem students demand probe into Haryanto case

Moslem students demand probe into Haryanto case JAKARTA (JP): Dozens of Moslem youths staged a noisy demonstration at the State Secretariat yesterday, demanding an investigation into the leaking of classified reports accusing Minister of Transportation Haryanto Dhanutirto of corruption.

Permadi claims innocence, will appeal

Permadi claims innocence, will appeal JAKARTA (JP): Controversial soothsayer Permadi Satrio Wiwoho maintained his innocence and declared his plan to appeal to Yogyakarta High Court ruling sentencing him to four months of imprisonment for blasphemy.

Floods pound Jakarta following torrential rains

Floods pound Jakarta following torrential rains JAKARTA (JP): Hundreds of houses in North and East Jakarta have been inundated since Tuesday following torrential rains in the initial days of 1996.A total of 13 community units in Pademangan Timur, Pademangan Barat, Kalibaru and Kelapa Gading...

TV today

TV todayTVRI 9:00 a.m. President Soeharto's Speech: Financial Note and 1996 Budget 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ultraman 3:00 Regional News 3:05 Talks: One Day with Pemangku Adat 3:30 TV Series: Harapan Nan Sirna 4:00 Regional News 4:05 TV Series: Harapan Nan Sirna...

New liner for Sulawesi

New liner for Sulawesi JAKARTA (JP): PT Putera Pare Lines will to import a passenger ship from Germany to link South Sulawesi and Sabah state in Malaysia, the company's executive said yesterday.HM Tahir Palureng was quoted by Antara in Parepare, South Sulawesi, as saying that the US$13 million...

Jakarta, Bangkok tie up in pulp mill

Jakarta, Bangkok tie up in pulp mill BANGKOK (AFP): Siam Pulp and Paper PLC (SPP) of Thailand has entered into a joint venture agreement with PT Suryaraya Wahana of Indonesia to set up a US$520 million pulp mill in Indonesia, SPP announced yesterday.

Minimum wage report urges stronger ruling

Minimum wage report urges stronger ruling JAKARTA (JP): The government is considering a proposal to strengthen its minimum wage regulation by stating that the "minimum wage" refers only to basic wages and exclude allowances.Many employers now include allowances in their calculation of wages.

2 quarry workers buried alive

2 quarry workers buried alive CIREBON, West Java: Two workers of a sand quarry in the Gemulung Tonggoh village died on Sunday after a 15 meter overhanging sand cliff collapsed and buried them.A police source told Antara that the victims were Kartim, 30 and a newlywed, and Toha, 29.

UMNO members visit Medan

UMNO members visit Medan MEDAN, North Sumatra: Around 100 members of the United Malay National Organization from the Selangor state of Malaysia are in town and scheduled to visit a number of government agencies and youth organizations.Led by Datok Dr. Zainal Abidin M.

Witnesses move judge to anger

Witnesses move judge to anger JAKARTA (JP): The judge trying the libel case of politician Sri Bintang Pamungkas nearly lost his temper yesterday when he dismissed four journalists who testified for the government, as "irrelevant.

Coal firm raises output

Coal firm raises output JAKARTA (JP): The state-owned coal mining company PT Tambang Batubara Bukit Asam produced 8.16 million tons of coal last year and booked Rp 542 billion (US$235.65 million) in revenues, said the company's president, R.A. Sunardi.

Working women rare in Riau

Working women rare in Riau PEKANBARU, Riau: Many companies setting up plants in Riau have been forced to recruit workers from outside the province because most families here still bar their women from working away from home.