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Thu, 17 Apr 1997
Poster painting contest on going
Poster painting contest on going JAKARTA (JP): A poster painting contest for senior high school students is held today at the South Jakarta mayoralty on Jl. Trunojoyo, Kebayoran Baru.Antara reported that the event was organized by the cultural office of the mayoralty.
Thu, 17 Apr 1997
BI officer testifies in fraud trial
BI officer testifies in fraud trial JAKARTA (JP): A witness in the Rp 7 billion (US$2.9 million) Bank Indonesia fraud trial told the court yesterday that password exchange was common in the Bank's treasury department's cashiers' section.
Thu, 17 Apr 1997
Fugitive shot in Cengkareng
Fugitive shot in Cengkareng JAKARTA (JP): Police officers yesterday fatally wounded a fugitive and arrested several suspects during a raid in Cengkareng, West Jakarta.The site, a slaughter house on Jl. Peternakan II, is believed to be the hiding place of gang members.
Thu, 17 Apr 1997
Southeast Asia sets agenda as international marine hub
Southeast Asia sets agenda as international marine hubBy Anil Penna SINGAPORE (AFP): Southeast Asia, known for its crystal clear seas and white beaches, is setting its sights on to becoming a world-class marine leisure playground to rival the Caribbean and the Mediterranean.
Thu, 17 Apr 1997
Ever Shine Tex to set up new plant
Ever Shine Tex to set up new plant JAKARTA (JP): The integrated textile manufacturer PT Ever Shine Tex has set up a subsidiary, PT Primajuli Sukses, to produce nylon filament yarn.Director of the firm, Erlien Lindawati Surianto, said that Primajuli Sukses would spend around US$25 million to...
Thu, 17 Apr 1997
UN report cites gap between urban and rural incomes
UN report cites gap between urban and rural incomes JAKARTA (JP): The imbalance between the sectoral share of output and employment is a source of concern in Indonesia as it reflects a rise in the disparity between the income levels of the urban industrial sector and rural agricultural sector,...
Thu, 17 Apr 1997
More firms apply for mining contracts
More firms apply for mining contracts JAKARTA (JP): More foreign and joint venture companies are applying for contracts of work (COWs) to explore and develop mineral resources in Indonesia, a Ministry of Mines and Energy source said yesterday.
Thu, 17 Apr 1997
'Kartu Halo'
'Kartu Halo' We refer to the letter published by The Jakarta Post on April 15, 1997 (name and address of the writer withheld), entitled Telkomsel or not Telkomsel.We would like to apologize for the delay in activating your Kartu Halo handphone card and the inconvenience that was caused.
Thu, 17 Apr 1997
Where to go in Bandung:
Where to go in Bandung:Music and Entertainment * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), Monday to Wednesday, 5:30 p.m. to 8 p.m., Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m., Mixed Voices Accapela (Singer) and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.
Thu, 17 Apr 1997
Govt to issue ruling on mergers
Govt to issue ruling on mergers JAKARTA (JP): The government will issue a ruling on acquisitions, mergers, divestment, joint ventures, restructuring, break-ups and joint operations, the minister of justice, Oetojo Oesman, said yesterday.
Thu, 17 Apr 1997
Dharmala creates fund
Dharmala creates fund JAKARTA (JP): PT Dharmala Securities Jakarta, a subsidiary of the Indonesian property giant Dharmala Group, has set up a US$50 million property investment fund.The fund will be listed in Luxembourg.
Thu, 17 Apr 1997
Hari buys 10% of Multipolar's shares
Hari buys 10% of Multipolar's shares JAKARTA (JP): The president of publicly-listed Matahari Putra Prima, Hari Darmawan, through his investment company PT Haritama Bakti Persada, has bought 10 percent of Multipolar for Rp 56 billion (US$23.52 million).
Thu, 17 Apr 1997
No Indonesian among Mecca fire victims
No Indonesian among Mecca fire victims JAKARTA (JP): No Indonesians have been found among victims of Tuesday's fire that ravaged Mina city in Saudi Arabia and killed hundreds of pilgrims, an official said yesterday.
Thu, 17 Apr 1997
Nahla Moslem executive club strives to go global
Nahla Moslem executive club strives to go globalText and photo by K. Basrie JAKARTA (JP): A line of diplomats, business executives, professionals and expatriates, all wearing their business outfits, filed into the spacious room to attend Indonesia's only Friday prayer service in English.
Thu, 17 Apr 1997
900 phone lines disrupted
900 phone lines disrupted JAKARTA (JP): Nine hundred telephone lines in Pangkalan Jati and Pondok Labu in South Jakarta were disrupted by water flooding the primary cables, an official said yesterday.An official of South Jakarta PT Telkom (state-owned telecommunication company), Mahatua Sinaga,...
Thu, 17 Apr 1997
Art Events
Art EventsExhibition: Thomas Dua at Blue Moon, a gallery situated in the ricefields, Jl. Tirta Tawar, Ubud, Bali, Ph. (0361) 976727April 13-26A pair of artists, who call themselves Thomas Dua, present their unique exhibition at a small gallery just north of Ubud.
Thu, 17 Apr 1997
Armed robbery in South Jakarta
Armed robbery in South Jakarta JAKARTA (JP): Eight men, one of them carrying a gun, broke into a house in South Jakarta yesterday, bound the owners and stole two handphones, a laserdisc player, two televisions, a guitar, 160 grams of gold jewelry and Rp 3 million (US$1,250).City Police Spokesman Lt.
Thu, 17 Apr 1997
Positive idea
Positive ideaFrom MerdekaThe idea of Minister of Youth and Sports Hayono Isman to hold a seminar on Nawaksara (nine-point accountability speech by RI's first president, Sukarno, before the Provisional People's Consultative Assembly (MPRS) in 1966) is very positive in my opinion.
Thu, 17 Apr 1997
Bank examiners
Bank examiners Bank Indonesia, already under sharp criticism by many analysts for what they call its stop-and-go and often discriminatory measures in handling troubled banks, is coping with another problem in its backyard -- possible crooks among its own staff.But unlike the Rp 7 billion (US$2.
Thu, 17 Apr 1997
Journo's attacker to be punished
Journo's attacker to be punished DILI, East Java: Prosecution yesterday demanded eight months imprisonment for Liban Cavin Soares, 15, for allegedly beating Tiras magazine reporter Gaudensius Mau last year.
Thu, 17 Apr 1997
Hankook to invest abroad
Hankook to invest abroad SEOUL (Reuter): Hankook Tire Manufacturing Co Ltd plans to invest US$1.2 billion by the year 2002 to build plants in Indonesia and several other Asian countries, a company spokesman said yesterday.
Thu, 17 Apr 1997
Indonesia's modern financial system
Indonesia's modern financial systemBy David C. Cole and Betty F. Slade CAMBRIDGE, Massachusetts, U.S. (JP): Building a modern financial system was not even mentioned in early literature on the elements critical for achieving economic development.
Thu, 17 Apr 1997
South Australia has keen interest in AIDA
South Australia has keen interest in AIDA JAKARTA (JP): The South Australian government has a keen interest in tapping trade and investment opportunities arising from the Australia-Indonesia Development Area (AIDA).
Thu, 17 Apr 1997
Wahono calls for fair competition in general election
Wahono calls for fair competition in general election JAKARTA (JP): House Speaker Wahono closed yesterday the House of Representatives' penultimate season with a call for fair competition in the general election.
Thu, 17 Apr 1997
Ten best chess players to get monthly salaries
Ten best chess players to get monthly salaries JAKARTA (JP): The Indonesian Chess Association will choose the country's 10 best players, after its three grand masters, and give them a monthly salary based on their rankings.
Thu, 17 Apr 1997
24 PPP activists injured in Central Java violence
24 PPP activists injured in Central Java violence SEMARANG (JP): Twenty-four United Development Party (PPP) activists were injured in the recent unrest in Central Java, a local party official said yesterday.
Thu, 17 Apr 1997
Transmigrants must have right to vote freely: PPP
Transmigrants must have right to vote freely: PPP JAKARTA (JP): The United Development Party (PPP) faction has claimed that resettlers in 3,600 transmigration sites across Indonesia have been pressured to vote for Golkar party.
Thu, 17 Apr 1997
Government will not tolerate more PDI rallies
Government will not tolerate more PDI rallies JAKARTA (JP): The authorities said yesterday they could tolerate a massive demonstration by Megawati Soekarnoputri loyalists Tuesday but promised "harsh action" if they staged another.
Thu, 17 Apr 1997
Gold mining to suffer if Busang find fails
Gold mining to suffer if Busang find fails ZURICH (Reuter): The gold mining and mining equities businesses could suffer if the "find of the century" gold discovery at Busang, Indonesia turns out to be below expectations, executives said on Tuesday.
Thu, 17 Apr 1997
Local shoe makers urged to shift business strategy
Local shoe makers urged to shift business strategy JAKARTA (JP): The minister of industry and trade, Tunky Ariwibowo urged footwear producers yesterday to shift their business strategies so they could compete better internationally.
Thu, 17 Apr 1997
No paper
No paperIn observance of Idul Adha, The Jakarta Post will not be published tomorrow. The Post will appear again on Saturday. -- Publisher
Thu, 17 Apr 1997
Mystery prevails over who will test Busang samples
Mystery prevails over who will test Busang samples SYDNEY (Reuter): Eleven tons of Indonesian ore seemed to vanish into thin air yesterday as Australian laboratories refused to say who would decide if the Busang gold deposit still rated as the world's largest.
Thu, 17 Apr 1997
Artist recounts development of cultural scene
Artist recounts development of cultural sceneText and photo by Sirikit Syah SURABAYA, East Java (JP): Surabaya-based artist Amang Rachman sees the future of art in Indonesia with optimism. "The cultural life in this New Order era is much better than before but it still needs improvement," he said...
Thu, 17 Apr 1997
Rheem gets ISO 9002
Rheem gets ISO 9002 JAKARTA (JP): PT Rheem Indonesia, a steel drum and water heater manufacturer, has received International Standards Organization (ISO) 9002 certification from Sucofindo International.The certification was received by Jakarta governor Surjadi Soedirdja at the city hall yesterday.
Thu, 17 Apr 1997
BNI expects 20 percent profit growth this year
BNI expects 20 percent profit growth this year JAKARTA (JP): Publicly listed Bank Negara Indonesia (BNI) expects 20 percent net profit growth this year, its president, Widigdo Sukarman, said yesterday.Widigdo said the growth target was in line with Indonesia's tight monetary situation.
Thu, 17 Apr 1997
PPP protests ruling on ID stickers for campaigs
PPP protests ruling on ID stickers for campaigs JAKARTA (JP): An executive of the United Development Party's (PPP) city chapter has protested the rule to issue stickers restricting the movement of party members' cars in Greater Jakarta.
Thu, 17 Apr 1997
S'pore narrows forecast
S'pore narrows forecast SINGAPORE (AFP): Singapore's deputy premier Lee Hsien Loong said the island state, hit by an electronics slowdown, should post economic growth at six to seven percent this year, narrowing an earlier government forecast.
Thu, 17 Apr 1997
Yayuk top seedings for Danamon Open
Yayuk top seedings for Danamon Open JAKARTA (JP): Five top Asian tennis players will be among the 100 women at the Danamon Indonesia Open tennis tournament next week at Senayan.Yayuk Basuki of Indonesia, world ranked 26, is the top seed for the US$107,500 tournament from April 21 to April 27.
Thu, 17 Apr 1997
U.S. company appoints RCA distributor
U.S. company appoints RCA distributor JAKARTA (JP): General Electric of the United States, yesterday, appointed PT Mahameru Antarnusa Niaga of the Artha Graha Group, as the distributor of RCA electronic appliances in Indonesia.
Thu, 17 Apr 1997
Indonesia losing competitiveness: ADB
Indonesia losing competitiveness: ADB MANILA (AFP): The Asian Development Bank said yesterday the Indonesian economy had performed well in 1996, but warned the country was losing its competitiveness due to declining productivity."The Indonesian economy continued to perform well in 1996," ADB said.
Thu, 17 Apr 1997
Governor proposed for ministerial post
Governor proposed for ministerial post JAKARTA (JP): The dominant Golkar's city chapter said Governor Surjadi Soedirdja should be nominated for a ministerial post after his five-year term ends.The chapter's chairman, Tadjus Sobirin, said the proposal was made because the governor had made a success...
Thu, 17 Apr 1997
Surjadi dismisses threat by Kemang building owners
Surjadi dismisses threat by Kemang building owners JAKARTA (JP): Governor Surjadi Soedirdja told the owners of shops and businesses in Kemang, South Jakarta, to go ahead and sue the city.He was responding yesterday to a threat made by the owner of a beauty parlor in Kemang on Tuesday, to sue the...
Thu, 17 Apr 1997
Rights body urges people to vote
Rights body urges people to vote JAKARTA: The National Commission on Human Rights urged people yesterday to participate in May's general election, but has conceded that voting is voluntary.The secretary general of the commission, Baharuddin Lopa, said that voting benefited the development of...
Thu, 17 Apr 1997
NISP's Rp 35 dividend
NISP's Rp 35 dividend JAKARTA (JP): Bank NISP shareholders have approved a Rp 35 dividend.The total dividend payment accounts for 31.7 percent of last year's net profit."The dividend, in terms of rupiah, seems to be very small.
Thu, 17 Apr 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 16, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 53,000 Alumindo Light Metal 1,000 -25 233,500...
Thu, 17 Apr 1997
RP awaits RI probe on geologist's death
RP awaits RI probe on geologist's death MANILA (AFP): The Philippines is still waiting for an official Indonesian report on the mysterious death of a Filipino geologist who discovered the Busang gold mine, President Fidel Ramos said yesterday.
Thu, 17 Apr 1997
Five rebels killed in RP fighting
Five rebels killed in RP fighting ZAMBOANGA, Philippines (AFP): Five rebels including a commander were killed and one was captured by the Army near this southern city, the military said yesterday.The skirmish began early Tuesday when 50 heavily armed rebels of the Moro Islamic Liberation Front...
Thu, 17 Apr 1997
10,000 Ecstasy pills seized
10,000 Ecstasy pills seized MEDAN, North Sumatra: Customs officers at the Polonia airport here seized 10,000 Ecstasy pills allegedly belonging to a Dutch national aboard Garuda Indonesia GA-987 which arrived from Amsterdam Monday.
Thu, 17 Apr 1997
RI coffee sales steady: Dealers
RI coffee sales steady: Dealers SINGAPORE (Reuter): Indonesian robusta coffee sales were seen proceeding at a steady pace, but the rest of the Southeast Asian coffee market remained mired in sleepy conditions, dealers said yesterday.
Thu, 17 Apr 1997
Workers' share of revenues remain low
Workers' share of revenues remain low YOGYAKARTA (JP): Workers' share of national revenue remains low although the government has set the level of minimum wages, economist Kwik Kian Gie said yesterday.In a seminar titled Humane Economic Development, Kwik said company managers' concern that higher...