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Wed, 05 Jul 1995
ING sets up new wing
ING sets up new wing SINGAPORE (AFP): The Internationale Nederlanden Groep (ING), the new owner of British bank Barings plc, has incorporated a new wing in Singapore to trade in futures, a report said yesterday.
Wed, 05 Jul 1995
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 4, 1995: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 2,250 0 0 AHAP Insurance 3,275 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,225 0 288,000 Aneka Kimia Raya...
Wed, 05 Jul 1995
Amoco Mitsui to expand PTA capacity in Indonesia
Amoco Mitsui to expand PTA capacity in Indonesia JAKARTA (JP): PT Amoco Mitsui PTA Indonesia, a Japanese- American joint venture, has started the construction of a purified terephthalic acid (PTA) plant in Merak of West Java with a production capacity of 350,000 tons per year.
Wed, 05 Jul 1995
12 listed firms fined for late reports
12 listed firms fined for late reports JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has fined 12 bond and share issuers a total of Rp 150.99 million (US$68,500) for the late submission of their annual financial reports for 1994 operations.
Wed, 05 Jul 1995
One killed in road accident
One killed in road accident JAKARTA (JP): One passenger was killed and several dozen others injured, many seriously, in a bus accident on the Jagorawi toll road, Bogor, on Monday, a press report said yesterday.
Wed, 05 Jul 1995
Gatherings still need permit: Police
Gatherings still need permit: Police JAKARTA (JP): National Police Chief Gen. Banurusman Astrosemitro yesterday defended the policy of requiring people to obtain a police permit for any gathering, saying that it is designed to prevent untoward incidents.
Wed, 05 Jul 1995
TV today
TV todayTVRI 2:35 p.m. TV Series: Blind Sunday 3:05 Talk Show 3:30 Science Program 4:05 Family Program: Around Us 4:30 Documentary Film 5:00 Regional News 5:30 Indonesia Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Science Program 7:00 Evening News 7:30 Music Contest: Asia...
Wed, 05 Jul 1995
Muhammadiyah yet to agree on candidates
Muhammadiyah yet to agree on candidatesBy Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): After hours of tough deliberation yesterday, Muhammadiyah leaders failed yet again to name the 39 candidates for chairman.
Wed, 05 Jul 1995
Only elite few may determine succession issue
Only elite few may determine succession issueBy Haryoso SEMARANG (JP): The question of who will succeed President Soeharto, if and when he steps down, is very likely to be settled by the ruling political elite, a political scientist says.
Wed, 05 Jul 1995
Police need psychiatrist to question young mother
Police need psychiatrist to question young mother JAKARTA (JP): Police questioning a 25-year-old mother who killed her two infant boys last month said they need a psychiatrist to help them question her about the incident.
Wed, 05 Jul 1995
PT Sandang to assist in textile industry crisis
PT Sandang to assist in textile industry crisis JAKARTA (JP): Minister of Industry Tunky Ariwibowo says state- owned PT sandang I and PT Sandang II will assist small and medium-scale textile companies to cope with the shortages of textile materials.
Wed, 05 Jul 1995
No leprosy by 2000
No leprosy by 2000 UJUNGPANDANG, South Sulawesi: An accelerated target policy in South Sulawesi is expected to free the local people from leprosy by the year 2000, a local official of the Ministry of Health has said.
Wed, 05 Jul 1995
Trains service disappointing
Trains service disappointing JAKARTA (JP): Hundreds of passengers on the morning train from Bekasi to Senen were enraged yesterday when they were told to alight at the Gambir station on the grounds that their destination was "too busy" to enter.
Wed, 05 Jul 1995
Private sector investments on the rise in Batam
Private sector investments on the rise in Batam JAKARTA (JP): State Minister for Research and Technology B.J. Habibie said yesterday that total investments on Batam Island reached US$5 billion as of the end of last year, with $4.2 billion or 83 percent coming from the private sector.
Wed, 05 Jul 1995
Rorotan farmers bring eviction case to House
Rorotan farmers bring eviction case to House JAKARTA (JP): Holding an Indonesian flag aloft, a group of farming families from Rorotan, North Jakarta, gathered at the House of Representatives yesterday to protest against their forceful eviction from land which they have been cultivating since the...
Wed, 05 Jul 1995
Fire in Jambi
Fire in Jambi PALEMBANG, South Sumatra: Five people were injured when 192 houses and stores were razed by fire in Tanjung Jabung regency in Jambi on Sunday, Antara reported yesterday.Lt. Col. Muas Musa, chief spokesman of the South Sulawesi Police, said police were investigating the causes of the...
Wed, 05 Jul 1995
Two killed as fire razes ship
Two killed as fire razes ship KENDARI, Southeast Sulawesi: Two men were killed and two others are missing following the sinking of a ship after it caught fire Monday off Pasar Wajo in Buton, Southeast Sulawesi.
Wed, 05 Jul 1995
Big firms may expand only for exports: Sanyoto
Big firms may expand only for exports: Sanyoto JAKARTA (JP): State Minister of Investment Sanyoto Sastrowardoyo said yesterday that industrial companies with 50 percent or more of the domestic market will still be allowed to expand capacity if any additional production is destined for the export...
Wed, 05 Jul 1995
New driver's license in October
New driver's license in October JAKARTA (JP): The police, in cooperation with a private company, will introduce new driving licenses in October.The driving licenses will be launched on Oct. 5 in collaboration with PT Citra Permatasakti Persada.
Wed, 05 Jul 1995
Sanyo to raise RI activities
Sanyo to raise RI activities TOKYO (AFP): Japan's Sanyo Electric Co. Ltd. plans to shift the production of wide-screen television sets to its offshore units in Asia by the end of this year in an effort to cut costs, a company official said yesterday.
Wed, 05 Jul 1995
Prudence leading banks onto sound growth path
Prudence leading banks onto sound growth path JAKARTA (JP): As part of Indonesia's economic revival of the early 1980s, banking was the first sector to be deregulated. The first deregulation package was introduced in June 1983, and removed ceilings on credits, reduced liquidity credits and allowed...
Wed, 05 Jul 1995
Bank Tiara: Success in being different
Bank Tiara: Success in being different As the first bank to set up after the landmark "Pakto" banking deregulation package of October 1988, Bank Tiara is quite a young establishment. Nonetheless it has already demonstrated its astute entrepreneurship and has earned itself a recognized place in a...
Wed, 05 Jul 1995
Industries under BPIS to be restructured
Industries under BPIS to be restructured JAKARTA (JP): State Minister of Research and Technology B.J. Habibie said yesterday that state-owned enterprises overseen by the Management Board for Strategic Industries (BPIS) will be restructured financially.
Wed, 05 Jul 1995
HongkongBank, the largest network in the region
HongkongBank, the largest network in the region A tourist to Jakarta curiously observed: "I have never seen so many banks in one city." This observation leads one to ponder on the factors which tip the scales on the choice of a particular bank.
Wed, 05 Jul 1995
Social mission hampers state-owned companies
Social mission hampers state-owned companies JAKARTA (JP): The government policy that expects state-owned companies to operate as full business entities while also serving as social organizations is unrealistic, says a senior auditor.
Wed, 05 Jul 1995
Councilors urge mayor to solve Koja land dispute
Councilors urge mayor to solve Koja land dispute JAKARTA (JP): Councilors urged North Jakarta Mayor Suprawito yesterday to keep calm in settling the growing dispute over a plot of land in Koja Utara which is earmarked for port development.
Wed, 05 Jul 1995
SCTV responds
SCTV responds Regarding the SCTV program Dwi Bahasa, which was mentioned in "Your Letters", (Use of foreign language) on Aug. 29, 1995, pleased be informed that the program is aired in two languages--Indonesian and English--via two separate channels.
Wed, 05 Jul 1995
No monopoly, cartel in cement trading: Association
No monopoly, cartel in cement trading: Association JAKARTA (JP): The Indonesian Cement Association flatly rejected yesterday claims that it was a cartel or that the Indonesian cement industry was oligopolistic.
Wed, 05 Jul 1995
Govt impartial on Muhammadiyah chief
Govt impartial on Muhammadiyah chief JAKARTA (JP): Coordinating Minister for Political Affairs and Security Soesilo Soedarman said yesterday that the government has no preference as to who should lead Muhammadiyah, the huge Moslem organization currently holding its congress.
Wed, 05 Jul 1995
Don't generalize!
Don't generalize! I write in response to Mr Piero Ronci's reply (The Jakarta Post, July 4, 1995) to the letter of Mr M. Gliwitzki (The Jakarta Post, June 24, 1995) and his sentiments regarding the attitude of Mr Farid Baskoro towards expats.
Tue, 04 Jul 1995
Deadline on social security program
Deadline on social security program JAKARTA (JP): After clamping down hard on employers over minimum wage regulations, Minister of Manpower Abdul Latief has another thing in store for them: compliance with the regulation guaranteeing social security for their workers.
Tue, 04 Jul 1995
Electrification in ENT
Electrification in ENT JAKARTA (JP): The State Electricity Company PLN is constructing power facilities in East Nusa Tenggara to increase the number of electrified villages in the province to 909 by 1999.
Tue, 04 Jul 1995
Debts a burden to next generations
Debts a burden to next generations Finance Minister Mar'ie Muhammad said, after meeting with President Soeharto, that Indonesia will be able to repay its foreign debts amounting to US$ 100 billion (over Rp 200 trillion). The loan is still under control, according to him.
Tue, 04 Jul 1995
Sanyoto's misleading signal
Sanyoto's misleading signal We often hear high officials make prompt yet irrelevant and sometimes meaningless responses to particular issues. But the remarks made by State Minister for Investment Sanyoto Sastrowardoyo last week, regarding the sweeping ban on industrial companies already holding 50...
Tue, 04 Jul 1995
Manila suffers deficit
Manila suffers deficit MANILA (AFP): The Philippines suffered a US$440 million balance of payments deficit in the first four months of 1995, the Central Bank announced yesterday.This was a sharp reversal from the $972-million surplus posted in the first four months of 1994 but an improvement over...
Tue, 04 Jul 1995
Worker admits to killing lover on the first date
Worker admits to killing lover on the first date JAKARTA (JP): Makassar police detectives in East Jakarta are questioning a married construction worker, who has reportedly admitted to killing his lover on June 25.The victim's decomposing body was found six days after the killing.
Tue, 04 Jul 1995
More companies target Manila as regional hub
More companies target Manila as regional hub MANILA (UPI): The government said yesterday four more foreign firms are planning to make the Philippines the center of their Asia-Pacific operations, boosting the country's bid to become the region's next business hub.
Tue, 04 Jul 1995
Pre-shipment inspection debated in legislature
Pre-shipment inspection debated in legislature JAKARTA (JP): House deliberation on the customs bill was dominated by the pros and cons of the pre-shipment inspection system for imports which has been in use since the middle of 1985.
Tue, 04 Jul 1995
RI refutes Lisbon's claim over Timor Gap
RI refutes Lisbon's claim over Timor Gap JAKARTA (JP): The Ministry of Foreign Affairs yesterday refuted claims of a victory made by Portugal concerning last week's ruling by the International Court of Justice over Indonesia's agreement with Australia for joint oil exploration off Timor.
Tue, 04 Jul 1995
RI praised for conserving species in peril
RI praised for conserving species in peril CISARUA, Bogor (JP): Indonesia has made significant progress in meeting its international commitments regarding trade in endangered species, says a secretariat official of the Convention on International Trade in Endangered Species of Wild Flora and Fauna...
Tue, 04 Jul 1995
Bajau people are not seafarers
Bajau people are not seafarers JAKARTA (JP): An expert on the Bajau, an ethnic group with origins in Sulawesi, challenged yesterday the long-standing assumption that the Bajau are sea-faring people."If they were a sea-faring people, their boats would have been much bigger and specially designed for...
Tue, 04 Jul 1995
Key witnesses sought in Beng Seng murder trial
Key witnesses sought in Beng Seng murder trial JAKARTA (JP): Police have yet to learn the whereabouts of two key witnesses scheduled to testify in today's trial of the murder of entertainment businessman Darmansyah Suyadi.Head of the City Police Crime Investigation Directorate Col.
Tue, 04 Jul 1995
Polluting pig breeders warned
Polluting pig breeders warned JAKARTA (JP): The West Jakarta mayoralty has ordered 43 hog breeders in Kapuk, Cengkareng, to clean-up their operations by July 15 or face legal action.Mayoralty officials say that the farmers, who together raise about 40,000 pigs, have failed to maintain proper...
Tue, 04 Jul 1995
Mantiri has no need to apologize: House members
Mantiri has no need to apologize: House members JAKARTA (JP): Legislators and academics were up in arms yesterday, dismissing any need for Indonesia's newly appointed ambassador to Australia, Lt. Gen. H.B.L. Mantiri, to apologize for a remark he made concerning the 1991 Dili incident.
Tue, 04 Jul 1995
Capital firm starts business
Capital firm starts business JAKARTA (JP): PT Sarana Kaltim Ventura has started operating in a joint-venture capital business in Balikpapan, East Kalimantan, with a paid-up capital of Rp 7.6 billion (US$3.45 million).
Tue, 04 Jul 1995
Muhammadiyah no longer seen as reformist movement
Muhammadiyah no longer seen as reformist movementBy Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): Observers and leading members say that Muhammadiyah, with its 28 million members, has become sluggish and no longer deserves to be called "Indonesia's reformist Moslem movement".
Tue, 04 Jul 1995
Housing project halted over permit
Housing project halted over permit JAKARTA (JP): The disputed construction of the Buaran Regency housing complex in East Jakarta has been suspended until the developer obtains the necessary permits, sources at the company said yesterday.
Tue, 04 Jul 1995
Management meeting here
Management meeting here JAKARTA (JP): Events and Awards Managers of Asia (TeamAsia) announced yesterday that it will hold a major conference here featuring management expert Gary Hamel, author of the best- selling Competing for the Future.
Tue, 04 Jul 1995
BI curbs inflow of short-term funds
BI curbs inflow of short-term funds JAKARTA (JP): Bank Indonesia Governor Soedradjad Djiwandono said yesterday that the widening of the central bank's dollar buying-and-selling band from Rp 30 to Rp 44 last week was aimed at curbing the flow of short-term funds to the bank.
Tue, 04 Jul 1995
Low fair attendance hits vendors hard
Low fair attendance hits vendors hardBy Yustinus B. Solakira JAKARTA (JP): A group of girls are seen chatting in a food corner at the Jakarta Fair grounds. In the same stall are a group of young men sipping coffee and smoking."It's just one of those quiet days," exclaimed one stall attendant.