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Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 19, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 850 0 10,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 0 13,500 Andayani Megah 1,200 -50 135,000...

Weather continues to interrupt parachuting c'ship

Weather continues to interrupt parachuting c'shipBy Primastuti Handayani LIDO, West Java (JP): Hazy weather and strong wind continue to disrupt the programs at the Sixth World Parachuting Championships on Canopy Formation here.

Foreign chess grandmasters to play here

Foreign chess grandmasters to play here JAKARTA (JP): Three Indonesian grandmasters will entertain four visitors in a chess tournament scheduled from July 8 to July 22, the Indonesian Chess Association announced yesterday.The three Indonesians are GM Utut Adianto, GM Ardiansyah and GM Edhi Handoko.

Court to hear student's assault

Court to hear student's assault JAKARTA (JP): National Police Spokesman Brig. Gen. Nurfaizi said yesterday that it should be left to the courts to decide the guilt of a student involved in a violent demonstration."Just wait and see in court.

Scholars lament Indonesia's poor diplomatic strength

Scholars lament Indonesia's poor diplomatic strength JAKARTA (JP): Political analyst Sayidiman Suryohadiprojo yesterday lamented the current state of Indonesia's diplomacy, which he says is not commensurate with its position as a middle- ranking country in the world.

Ample corn supplies push prices down

Ample corn supplies push prices down KUALA LUMPUR (Reuter): Abundant supplies of imported corn in Thailand and Malaysia have pushed domestic prices lower and they will probably ease further into next week, traders said yesterday.

Shipping firms need fund for new vessels

Shipping firms need fund for new vessels JAKARTA (JP): The Indonesian National Shipowners Association suggested yesterday that the government introduce measures to help improve the capability of its members to purchase new vessels.Association chairman Firdaus Wadjadi and secretary-general Barens Th.

RI allocates 230,000 bpd of crude

RI allocates 230,000 bpd of crude SINGAPORE (Reuter): State-owned Indonesian oil firm Pertamina has allocated about 230,000 barrels per day (bpd) of crude oil in July against its initial allocation of 200,000 bpd in June, oil traders said yesterday.

Australia-RI links must be enhanced: Taylor

Australia-RI links must be enhanced: TaylorBy Gedsiri Suhartono JAKARTA (JP): When Ambassador Allan Robert Taylor took his post here in April 1993, there were only four Australian media representatives in Indonesia. Now there are seven, including the Sydney Morning Herald.

Air officials meet

Air officials meet JAKARTA (JP): Asia-Pacific civil aviation director generals began their 32nd annual conference here to exchange experiences and to discuss problems.The one-week conference, which was officially opened yesterday by Minister of Transportation Haryanto Dhanutirto, focuses on "Human...

Illness forces Indonesian shuttlers from Asia Cup badminton meet

Illness forces Indonesian shuttlers from Asia Cup badminton meet JAKARTA (JP): Illness forced two junior female shuttlers, Uber Cup team member Meiluawati and doubles player Carmelita, out of the on-going Asia Cup badminton championship in Seoul, South Korea.

Coping with speculators

Coping with speculators The tendency toward economic overheating and the increasing globalization of the financial market have been posing heavier challenges to Bank Indonesia in maintaining monetary stability.

Asiana's bonus shares

Asiana's bonus shares JAKARTA (JP): A publicly-listed toymaker, PT Asiana IMI Industry, obtained its shareholders' approval to pay dividends of Rp 50 (2 U.S. cents) per share and to issue three bonus shares for every five old shares.

Dutch firms cooperate in public works sector

Dutch firms cooperate in public works sector JAKARTA (JP): Several Dutch companies with interests in the transportation and public works sectors have clinched deals with local government offices and state-owned firms to conduct feasibility studies, consultancy services and joint venture operations.

Bloody soccer game

Bloody soccer game BANJARNEGARA, Central Java: A friendly game of soccer between local youth groups turned into a nasty brawl which left two people seriously injured and two others in police custody on Sunday.

Societal norms

Societal normsFrom Pikiran RakyatI am an entrepreneur, married and have three children and live in Sumedang, West Java. I have eight foster children who are school dropouts. Six of the children are willing to return to school.

Japan Education Fair 1996

Japan Education Fair 1996 JAKARTA (JP): The Japan Education Fair will be held on July 2 and July 3 by the Association of International Education of Japan and the association of Japanese alumni.The Fair will run from 10 a.m. to 5 p.m. both days at the Puri Agung Sahid Jaya Hotel.

Police doing utmost to catch Tansil

Police doing utmost to catch Tansil JAKARTA (JP): National Police Chief Lt. Gen. Dibyo Widodo said yesterday that his force is doing all it can to recapture Eddy Tansil, the convicted businessman who escaped from a Jakarta prison last month.

Exporters to meet Int'l Wal-Mart

Exporters to meet Int'l Wal-Mart JAKARTA (JP): A delegation from the Wal-Mart International retail chain wants to meet Indonesian producers exporting to the U.S. before Saturday.The two-day "Wal-Mart and Indonesia Vendor Partner Meeting" will take place in the convention hall of the Jakarta Fair...

Boatpeople have to go home: Feisal

Boatpeople have to go home: Feisal JAKARTA (JP): Armed Forces Commander Gen. Feisal Tanjung reiterated yesterday that the 4,000 Indochinese boat people currently living on Galang Island in Riau will have to go home.

Oxbridge alumni

Oxbridge alumni I note from "Your Letters" (The Jakarta Post, June 18, 1996) that Mr. James Richard attended Oxford University. The Oxford and Cambridge Society of Indonesia is keen to track down alumni of these universities and it would be very helpful to us if could publish this letter, in the...

CGI debate loan commitment to Indonesia

CGI debate loan commitment to Indonesia JAKARTA (JP): The Consultative Group on Indonesia (CGI) began a two-day meeting in Paris yesterday to decide its loan commitment to Indonesia for the 1996/97 fiscal year.

Retired police officer charged in land swindle

Retired police officer charged in land swindle JAKARTA (JP): A former police officer is being charged with swindling a businessman of Rp 502,205,000 in a 1992 land transaction.The prime suspect, identified only as TK, is a retired police officer of the National Police Headquarters.

PSP to pay dividends

PSP to pay dividends JAKARTA (JP): The shareholders of a publicly-listed property company, PT Putra Surya Perkasa, approved yesterday the distribution of final dividends of Rp 100 (4 U.S. cents) per share, totaling Rp 99 billion.

Rockers gather at Classic Rock

Rockers gather at Classic Rock JAKARTA (JP): The Classic Rock pub in Blok M will host a gathering of Indonesian rockers on Sunday evening."There is no specific purpose. We are only providing a chance for them to meet, discuss, talk and perform again," Chandra Elias, the pub's manager told The...

Team sent to study religious violence

Team sent to study religious violence JAKARTA (JP): Minister of Religious Affairs Tarmizi Taher called on religious groups to exercise self restraint and make greater efforts to live peacefully."Don't be provoked into any actions which may ruin the religious tolerance that we have been building,"...

Sorini Group produces sorbitol

Sorini Group produces sorbitol SURABAYA, East Java (JP): Two subsidiaries of the publicly- listed PT Sorini Corporation Indonesia -- PT Sorini Towa Berlian Corporation and PT Saritanam Pratama -- inaugurated their commercial production of sorbitol in a ceremony here.

Prostitutes tested HIV positive

Prostitutes tested HIV positive KUPANG, East Nusa Tenggara: A health official revealed yesterday that six of the 500 prostitutes working in West Timor have been infected by Human Immunodeficiency Virus (HIV).Dr.

Tunky's effort on infected cotton hailed

Tunky's effort on infected cotton hailed JAKARTA (JP): Spinning companies grouped in the Indonesian Cotton Consumers Club (ICCC) hailed yesterday Industry and Trade Minister Tunky Ariwibowo's effort to have the issue of infected cotton fiber imported from the United States settled in a fair manner.

City revenue from parking less than expected

City revenue from parking less than expected JAKARTA (JP): The United Development Party (PPP) faction at the City Council has expressed regret that the city's revenue from parking is only approximately Rp 11 billion, Rp 5 billion less than expected.

Thai PM begins

Thai PM begins visit to Laos BANGKOK (AFP): Thai Prime Minister Banharn Silpa-archa yesterday led a 43-strong delegation on visits to neighboring countries Laos and Cambodia, officials said.The prime minister was paying a two-day visit to Laos focusing on economic ties between two Southeast Asian...

105 buses to be laid on for Int'l Air Show

105 buses to be laid on for Int'l Air Show JAKARTA (JP): At least 105 buses will be provided for visitors to the International Air Show at the Soekarno-Hatta International Airport from June 23 to June 30.The fares have been set at Rp 4,000 (US$1.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, nightly except Sundays, from 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday,...

Malaria drives resettlers out

Malaria drives resettlers out BATULICIN, East Kalimantan: Hundreds industrial forest inhabitants in Trans Satui, Kotabaru district, have fled the area since January owing to an outbreak of malaria.A forestry company official told Antara news agency over the weekend that seven people died of malaria...

RI workers on strike in Malaysia

RI workers on strike in Malaysia KUALA LUMPUR (Reuter): More than 500 Indonesians detained for illegally entering Malaysia were on a hunger strike yesterday demanding quick deportation home, police said.

PDI rebels call on Megawati to defend herself

PDI rebels call on Megawati to defend herself JAKARTA (JP): The Indonesian Democratic Party (PDI) splinter group's congress is not meant to topple incumbent chief Megawati Soekarnoputri, but to allow her to defend her leadership, according to leading dissenter Fatimah Achmad.

Foreigners can own Indonesian property

Foreigners can own Indonesian property JAKARTA (JP): Foreigners residing in Indonesia can now own property in the country, though a number of restrictions apply.Under Government Regulation No. 41/1996, access to Indonesian property is limited to those houses and apartments built on land with the...

CPC reviews RI project

CPC reviews RI project TAIPEI (Reuter): State-owned Chinese Petroleum Corp. said yesterday it was considering proposals to build a new naphtha cracker in Indonesia rather than moving its mothballed No. 2 cracker from Taiwan as planned.

Open economies adjust more rapidly

Open economies adjust more rapidly JAKARTA (JP): Empirical results show that open economies tend to make the transition more rapidly from being primary-intensive to manufacture-intensive exporters than closed economies do, Professor Jeffrey D. Sachs, a noted economist from the United States said.

Mandala serves Bengkulu

Mandala serves Bengkulu JAKARTA (JP): PT Mandala Airlines, which is owned by Indonesia's Armed Forces, inaugurated yesterday its maiden flight from Jakarta to Bengkulu in southern Sumatra.The airline will use Fokker 28 aircraft on the new route twice a week.

Borobudur festival scheduled for July

Borobudur festival scheduled for July SEMARANG: Minister of Tourism, Post and Telecommunications Joop Ave will open the sixth Borobudur Festival at the Central Javanese temple on July 6, Antara reported yesterday.

Placer expands its Asian gold ventures

Placer expands its Asian gold ventures SYDNEY (Reuter): Placer Pacific Ltd expects to have a greater proportion of its gold operations outside Australia in future as it steps up its overseas exploration program, corporate communications manager Ian Williams said.

11 finance companies' licenses suspended

11 finance companies' licenses suspended JAKARTA (JP): The government has suspended operational licenses of at least 11 companies, according to Director General for Financial Institutions Bambang Subianto.

The AIDS virus laid bare in layman's language

The AIDS virus laid bare in layman's language AIDS By Dr. Sally Halim Msc. (OM) Published by Yayasan Obor Indonesia, 1995 pp. 41 JAKARTA (JP): Categorized as a rapidly spreading disease for which no cure has been found, AIDS is a topic that fills people with dread the world over.

KL sees no bars for Myanmar to join ASEAN

KL sees no bars for Myanmar to join ASEAN KUALA LUMPUR (Agencies): Myanmar's political troubles will not disqualify it from its bid to join the Association of Southeast Asian Nations (ASEAN), founding member Malaysia said yesterday.

PDI should close ranks in difficult times

PDI should close ranks in difficult times Rebel members of the rift-ridden Indonesian Democratic Party (PDI) are planning to hold a congress in Medan tomorrow. Political scientist J. Soedjati Djiwandono takes a closer look at this event.

Cooperation needed on Asian oil demand

Cooperation needed on Asian oil demand BEIJING (Reuter): Explosive oil demand in Asia, particularly in China, must be met by cross-border cooperation and partnerships if the region is to avoid confrontation, former OPEC Secretary-General Subroto said yesterday.

BPK finds over $260m in losses

BPK finds over $260m in losses JAKARTA (JP): The Supreme Audit Agency (BPK) has discovered cases involving more than Rp 600 billion (US$260.7 million) in financial losses caused by government overspending, overpriced projects, unpaid taxes and bad loans at banks owned by provincial administrations.

Free medical services

Free medical services TANGERANG, West Java (JP): All couples, new mothers, mothers- to-be and infants here will receive free medical services and family planning guidance at local centers on June 24.The free services and guidance will be given by midwives in cooperation with local hospitals and the...

Eastern region's population growing too fast: Report

Eastern region's population growing too fast: ReportBy Deborah Cameron JAKARTA (JP): New research by Indonesian and Australian demographers has found that the population of Indonesia's poorest region is expected to grow by 48 percent by 2020, presenting planning problems and major economic...