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Thu, 12 Jun 1997
SingTel seeks RI stake
SingTel seeks RI stake SINGAPORE (Reuter): Singapore Telecommunications Ltd (SingTel) is planning to take "significant equity stakes" in major telecommunications operators in Thailand and Indonesia, the Straits Times newspaper reported yesterday.
Thu, 12 Jun 1997
PT Pacific Fibretama gets US$42m loan
PT Pacific Fibretama gets US$42m loan JAKARTA (JP): PT Pacific Fibretama Corporation, owned jointly by the Tirtamas and Panwell groups, has secured a US$42 million syndicated credit facility from local and foreign banks to produce polyester fiber and chips.
Thu, 12 Jun 1997
BBL expects to boost Mashill's operations
BBL expects to boost Mashill's operations JAKARTA (JP): Belgium's Bank Brussels Lambert (BBL) said yesterday its newly formed strategic alliance with Bank Mashill would boost the retail banking and credit card services of its Indonesian partner.
Thu, 12 Jun 1997
TV today
TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story 6:00 News: Lintasan Berita 6:05 Nusantara,...
Thu, 12 Jun 1997
KL ready to host World Youth Cup
KL ready to host World Youth Cup KUALA LUMPUR (AFP): The Asian Football Confederation (AFC) certified yesterday Malaysia's readiness to host the FIFA/Coca- Cola World Youth championship."Malaysia has always shown itself to be a good organizer of major sporting events and it looks certain that the...
Thu, 12 Jun 1997
S. Korea and China in Nike Cup final
S. Korea and China in Nike Cup final JAKARTA (JP): South Korea will meet China in the final of the under-14 Asia-Pacific Nike International Premier Cup after beating Japan 2-0 in the semifinals yesterday at South Jakarta's Soemantri Brodjonegoro stadium.
Thu, 12 Jun 1997
Year 2000 'blows winds of harmony to ASEAN-10'
Year 2000 'blows winds of harmony to ASEAN-10' The following is an interview with Dr. Michael Leifer, professor of international relations at the London School of Economics and Political Science about ASEAN-10.
Wed, 11 Jun 1997
Petronas interested in Texaco's Myanmar stake
Petronas interested in Texaco's Myanmar stake KUALA LUMPUR (Reuter): Malaysian national oil firm Petronas is studying the purchase of Texaco Inc's 42.9 percent stake in Myanmar's Yetagun gas field, president and chief executive Hassan Marican said yesterday.
Wed, 11 Jun 1997
S'pore to ease need for KL water
S'pore to ease need for KL water SINGAPORE (AFP): Singapore announced yesterday it would raise water tariffs and build a desalination plant to make seawater potable in a bid to reduce its dependence on water piped in from neighboring Malaysia.
Wed, 11 Jun 1997
More public input clled for on environment bill
More public input clled for on environment bill JAKARTA (JP): The House of Representatives welcomes more public input in its deliberation of the environment law amendment bill, a Golkar legislator said yesterday.Legislator Didin S.
Wed, 11 Jun 1997
ASEAN official in Myanmar
ASEAN official in Myanmar YANGON (Reuter): Malaysian foreign minister Abdullah Ahmad Badawi arrived here yesterday to formally notify Myanmar of its admission next month into the Association of Southeast Asian Nation (ASEAN), government officials said.
Wed, 11 Jun 1997
Police shoot two alleged robbers
Police shoot two alleged robbers JAKARTA (JP): Police arrested five men and shot two others yesterday for alleged involvement in robberies at homes in Tangerang.City Police Spokesman Lt. Col. E. Aritonang said that the two were shot dead because they attacked officers during yesterday's raids in...
Wed, 11 Jun 1997
Philippine steel mill
Philippine steel mill MANILA (AFP): Philippine President Fidel Ramos and visiting Singapore Prime Minister Goh Chok Tong announced yesterday agreements on the building of a Philippine steel mill and a polytechnic university.
Wed, 11 Jun 1997
Crash course for legislators not compulsory
Crash course for legislators not compulsory JAKARTA (JP): President Soeharto said yesterday that the crash course which State Minister of Special Assignments Harmoko was preparing for new legislators was not compulsory.
Wed, 11 Jun 1997
Brunei refuses to host 1999 SE Asian Games
Brunei refuses to host 1999 SE Asian Games JAKARTA (JP): Brunei Darussalam rebuffed the Southeast Asian (SEA) Games Federation for the second time yesterday when it refused to host the 20th biennial event in 1999.
Wed, 11 Jun 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 10, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,625 125 838,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,000 0 6,500 Alumindo Light Metal 1,125 -25...
Wed, 11 Jun 1997
Arisamandiri gets $27 million loan
Arisamandiri gets $27 million loan JAKARTA (JP): PT Arisamandiri Pratama, a Semarang-based plastics manufacturer, signed yesterday a US$27 million syndicated loan from 11 local and foreign banks.The loan was co-arranged by publicly listed Bank Umum Servitia and Hong Kong's Indover Asia Limited.
Wed, 11 Jun 1997
Radio to monitor Sulawesi forest
Radio to monitor Sulawesi forest KENDARI, South East Sulawesi: To protect the province's remaining forests, the local government will install an integrated radio communication system, connecting at least 109 points in the field, a local forestry official said yesterday.
Wed, 11 Jun 1997
Local PPP chief resigns
Local PPP chief resigns CILACAP, Central Java: Local chief of the United Development Party (PPP) resigned yesterday because of a disappointing election outcome.Ahmad Mujibudin, a candidate for the local legislative body for the 1998-2003 period, said he would focus on his Islamic boarding school...
Wed, 11 Jun 1997
JIHD to float Rp 600b in bonds
JIHD to float Rp 600b in bonds JAKARTA (JP): Publicly listed PT Jakarta International Hotels and Development (JIHD) will float five-year bonds worth Rp 600 billion (US$250 million) next month.JIHD's director of finance, Budiman Effendi, said here yesterday that the bonds would strengthen the...
Wed, 11 Jun 1997
NEC launches RI semiconductor plant
NEC launches RI semiconductor plant JAKARTA (JP): Japan's NEC Corporation officially launched yesterday its US$45 million semiconductor plant in Indonesia.The plant, officially opened by Minister of Industry and Trade Tunky Ariwibowo, is operated by PT NEC Humpuss Semiconductors Indonesia, a joint...
Wed, 11 Jun 1997
Acasia set to make inroads into ASEAN telecoms market
Acasia set to make inroads into ASEAN telecoms marketBy I. Christianto SINGAPORE (JP): Acasia Communications Sdn. Bhd, a joint venture of six major ASEAN telecommunications carriers, is set to make major inroads into the telecommunications businesses of its regional and global customers in...
Wed, 11 Jun 1997
Dieng Temple lies in ruin
Dieng Temple lies in ruin DIENG, Central Java: Dieng Temple, the oldest temple in Central Java, has been waiting in vain for restoration because archeologists have no idea of its original structure.The temple on the scenic Dieng plateau has remained in ruins while experts and government officials...
Wed, 11 Jun 1997
East Timorese leaders to petition UN committee
East Timorese leaders to petition UN committee JAKARTA (JP): Five prointegration East Timorese leaders will travel to New York to take part in a United Nations' meeting on decolonization next week, Antara reported yesterday.Economist Domingos M.
Wed, 11 Jun 1997
Bank scam
Bank scamCorrection: Our headline Police seize assets of Bank Artha suspect on this page on Monday, should have read Police seize assets of Bank Arta Prima suspect. We regret the error. -- Editor
Wed, 11 Jun 1997
Juniors serve up trouble to Suwandi and Sulistyo
Juniors serve up trouble to Suwandi and Sulistyo JAKARTA (JP): Indonesian Davis Cup players Suwandi and Sulistyo Wibowo struggled on the second day of the national selection round robin matches at Senayan Tennis Complex before overcoming their opponents.
Wed, 11 Jun 1997
Spotlight
SpotlightPhoto A: BusinessmenJP/alxBUSINESS AT HAND: Indrawan Masrin (left), president of PT Lautan Luas Tbk, chats with Didi Yahya (second from left), director of Jardine Flyming Nusantara, Pranata Hajadi (second from right), and Widiyan after PT Lautan's public expose at Shangri-la Hotel in...
Wed, 11 Jun 1997
JSX warns of delisting companies
JSX warns of delisting companies JAKARTA (JP): The management of the Jakarta Stock Exchange (JSX) pledged yesterday to delist companies which no longer meet listing requirements.JSX director Mas Achmad Daniri said a delisting measure was needed to protect investors and encourage listed companies to...
Wed, 11 Jun 1997
Keeping the faith
Keeping the faithFrom PelitaThe importance of being devout and afraid of God is deeply rooted in the Indonesian people. For example, when a person is appointed as a government official he or she must be a devout religious follower.
Wed, 11 Jun 1997
Japan asks for car tariff cuts
Japan asks for car tariff cuts JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo said yesterday Japan had asked for tax and import tariff reductions during its new round of talks with Indonesia on the national car policy.
Wed, 11 Jun 1997
Six local wrestlers to compete in Europe
Six local wrestlers to compete in Europe JAKARTA (JP): Six South Kalimantan wrestlers chosen for the national Southeast Asian (SEA) Games team will compete in several trial matches in Europe.The athletes are three brothers Andri (62 kilograms), Zulhaidir (56 kilograms) and Novrizal (68 kilograms),...
Wed, 11 Jun 1997
LG Group enters Vietnam
LG Group enters Vietnam HANOI (AFP): South Korea's LG Group has received a licence to build a US$7.7 million joint-venture factory to produce water pumps in the northern Vietnamese port of Haiphong, a company executive said yesterday.Lee Sang-Mo, regional managing director of LG International Corp.
Wed, 11 Jun 1997
Court nullifies local NBA brand and logo
Court nullifies local NBA brand and logo JAKARTA (JP): The Central Jakarta District Court nullified yesterday the NBA brand and logo registered by a local businessman at the Directorate General of Copyrights, Patents and Trademark, No. 291142.U.S.-based NBA Properties Inc.
Wed, 11 Jun 1997
Armed Forces gets four more full generals
Armed Forces gets four more full generals JAKARTA (JP): Four officers of the Armed Forces were promoted in rank yesterday to become full four-star generals, Antara reported.Wiranto, chief of the Army's Strategic Reserves Command (Kostrad), was promoted on the eve of his appointment as Army chief of...
Wed, 11 Jun 1997
Scholar slams 'link and match' concept
Scholar slams 'link and match' concept JAKARTA (JP): The government's program linking schools and universities to the needs of the industrial world goes against the basic concept of education, literature expert Umar Kayam says.
Wed, 11 Jun 1997
Bakrie Sumatra Plantation projects 20-30% profit growth
Bakrie Sumatra Plantation projects 20-30% profit growth JAKARTA (JP): PT Bakrie Sumatra Plantation, the agroindustry arm of the Bakrie Group, projects a profit growth of between 20 percent and 30 percent this year despite the decreasing trend in world rubber prices, it said yesterday.
Wed, 11 Jun 1997
Babies security first
Babies security first In response to the letter Bunda baby blues published in The Jakarta Post (June 4) we, on behalf of the management and staff, would like to apologize for the inconvenience Mrs. Ade and her husband experienced.
Wed, 11 Jun 1997
Rhino population dwindling in Jambi
Rhino population dwindling in Jambi JAMBI, Jambi: The Sumatran rhino population is dwindling because of poaching and deforestation, a forestry official said yesterday.Only between 200 and 300 rhinos live in the hill forests of Kerinci and Sorolangun districts in West Sumatra, the local natural...
Wed, 11 Jun 1997
U.S. says rights record affects ties with Jakarta
U.S. says rights record affects ties with Jakarta JAKARTA (JP): A senior United States official warned yesterday that a fully robust bilateral relationship could not happen unless Indonesia improved its human rights record.
Wed, 11 Jun 1997
Sukarno's house of exile in Bangka dilapidated
Sukarno's house of exile in Bangka dilapidated JAKARTA (JP): A historical rest house in South Sumatra where several independence heroes were exiled by Dutch colonial rulers is dilapidated, a press report said yesterday.
Wed, 11 Jun 1997
Blok M district to be renovated: Urban planner
Blok M district to be renovated: Urban planner JAKARTA (JP): The Blok M district in South Jakarta will be renovated in anticipation of two upcoming mass rapid transit projects -- a subway system and a three-tier transit system, an urban planner said yesterday.
Wed, 11 Jun 1997
Security delays exams in Sampang
Security delays exams in Sampang SAMPANG, East Java: A guarantee of police security was not enough to convince teachers from three elementary schools to return to work, further delaying students exams.Head of the local education and culture office, Mohammad Bakir, said Monday the teachers were...
Wed, 11 Jun 1997
Bank Panin to launch FRCD
Bank Panin to launch FRCD HONG KONG (Reuter): PT Pan Indonesia Bank (Bank Panin), acting through its Cayman Islands branch, will launch a US$65 million floating rate certificates of deposit issue, the sole arranger Oversea-Chinese Banking Corp said yesterday.
Wed, 11 Jun 1997
Fishermen question fishery agency policy
Fishermen question fishery agency policy JAKARTA (JP): City councilors urged the fishery agency yesterday to investigate the alleged unfair allocation of auction spaces in North Jakarta's fish market.Chairman of Commission B for Economic Affairs Sahala Sinaga said he believed the alleged unfair...
Wed, 11 Jun 1997
S'pore, RP leaders meet to normalize ties ofter hanging
S'pore, RP leaders meet to normalize ties ofter hanging MANILA (AFP): The Singaporean and Philippine leaders met here yesterday in an attempt to revive bilateral ties darkened for two years by the hanging of a Filipina maid.
Wed, 11 Jun 1997
Jakarta court rejects Mega supporter's suit
Jakarta court rejects Mega supporter's suit JAKARTA (JP): The South Jakarta District Court ruled yesterday that it did not have the jurisdiction to continue hearing a lawsuit lodged by a supporter of Megawati Soekarnoputri against a former chief of the Jakarta Police Detectives.
Wed, 11 Jun 1997
Foreign investment drop temporary: Minister Sanyoto
Foreign investment drop temporary: Minister Sanyoto JAKARTA (JP): State Minister of Investment Promotion Sanyoto Sastrowardoyo said yesterday there was a 36-percent drop in foreign investment approvals in the first five months this year due to the recent election, but said the trend was temporary.
Wed, 11 Jun 1997
RI beats RP in Nike Premier Cup
RI beats RP in Nike Premier Cup JAKARTA (JP): Indonesia beat the Philippines 4-1 yesterday in the under-14 Asia-Pacific Nike International Premier Cup at South Jakarta's Soemantri Bodjonegoro stadium.The four goals came from Bambang Susanto in the 16th minute, Erik Setiawan in the 29th, Nurdien in...
Wed, 11 Jun 1997
PTP wants to be sweeter
PTP wants to be sweeter JAKARTA (JP): State-owned plantation PTP Nusantara X in Surabaya, East Java, plans to raise its sugar production by about 30,000 tons this year to 470,000 tons by maximizing the processing capacities of its 12 sugar mills.
Wed, 11 Jun 1997
City Police asked to help safeguard entrance exam
City Police asked to help safeguard entrance exam JAKARTA (JP): The organizing committee of the state university entrance exam has asked the City Police to help safeguard the upcoming exam against joki, an executive said.