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Tue, 25 Jun 1996
Texmaco pays dividends
Texmaco pays dividends JAKARTA (JP): PT Texmaco Perkasa Engineering, a textile manufacturer, announced yesterday that it will pay dividends of Rp 50 per share (2.1 U.S. cents), with a dividend payout ratio of 45 percent.
Tue, 25 Jun 1996
PT Tri Polyta shares down from oversupply
PT Tri Polyta shares down from oversupply JAKARTA (JP): PT Tri Polyta Indonesia, the country's largest producer of polypropylene resins, yesterday listed 257.5 million shares on the Jakarta Stock Exchange (JSX) with a base share price of Rp 2,575 (US$1.09).
Tue, 25 Jun 1996
91 arrested for gambling
91 arrested for gambling JAKARTA (JP): Police will process 91 people, including 20 women, arrested during a raid on an illicit gambling den in Duta Merlin shopping center in Central Jakarta, Spokesman Lt. Col. Iman Haryatna says.Iman said yesterday that they are still being interrogated.
Tue, 25 Jun 1996
Unseeded wins sprint rally
Unseeded wins sprint rally JAKARTA (JP): Unseeded Raymond Pribadi surprised defending champion Roy Nirwan when he won the second leg of the national sprint rally championship in Serpong, West Java on Sunday.
Tue, 25 Jun 1996
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,...
Tue, 25 Jun 1996
Five die in road accident
Five die in road accident BREBES, Central Java: After failing to overtake a car, a minibus crashed into an oncoming truck, killing all five people on board on Sunday, police said yesterday.Chief of Brebes police precinct Lt. Col. Adnan Jupri said the accident happened at about 9.30 a.m. Sunday.
Tue, 25 Jun 1996
Profit source or public utility?
Profit source or public utility? As of Thursday last week, toll road fees in Jakarta were increased by an average of Rp 500. Those urban toll roads were built and are operated by the private-sector company PT Citra Marga Nusphala Persada and the state-owned PT Jasa Marga.
Tue, 25 Jun 1996
Supreme Court defends corruption probe result
Supreme Court defends corruption probe result JAKARTA (JP): Secretary-general of the Supreme Court Toton Suprapto declared yesterday once and for all that the case of collusion charges brought against the Court by Justice Adi Andojo Soetjipto was closed.
Tue, 25 Jun 1996
PT Sierad Produce to offer shares this year
PT Sierad Produce to offer shares this year JAKARTA (JP): PT Sierad Produce, a whole-subsidiary of the publicly-listed PT Anwar Sierad, will go public late this year, offering approximately 40 percent of its total shares.
Tue, 25 Jun 1996
Harmoko to be president?
Harmoko to be president? DENPASAR, Bali: Harmoko, the chief of the ruling Golkar party and Minister of Information, is apparently popular among students in this famed tourist island.Skema-B, an official student body, plumped for him to run for president in 1998 to replace 75-year-old President...
Tue, 25 Jun 1996
Govt recognizes Soerjadi as PDI chairman
Govt recognizes Soerjadi as PDI chairman JAKARTA (JP): The government has decided to recognize Soerjadi, elected chairman at the government-sponsored congress of the Indonesian Democratic Party (PDI) last week, and placed on him the burden of deciding what to do with Megawati Soekarnoputri.
Tue, 25 Jun 1996
IPTN, Solar sign deal
IPTN, Solar sign deal JAKARTA (JP): State-owned aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN) yesterday signed a technology transfer and cooperation agreement with Solar Turbines International (Solar) of the United States to manufacture components and assemble and overhaul...
Tue, 25 Jun 1996
Soeharto tells Garuda to go back to basics
Soeharto tells Garuda to go back to basics JAKARTA (JP): President Soeharto has requested state-owned PT Garuda Indonesia return to its core business of aviation in order to strengthen its capital structure, Minister of Transportation Haryanto Dhanutirto said.
Tue, 25 Jun 1996
Tosummit start making color picture tubes
Tosummit start making color picture tubes JAKARTA (JP): PT Tosummit Electronics Devices Indonesia, a Japanese joint venture company, started producing color picture tubes at the firm's plant in Bekasi, West Java."The company will operate at its full capacity of 2.
Tue, 25 Jun 1996
Analysts agree PDI rift will cost votes in 1997
Analysts agree PDI rift will cost votes in 1997 JAKARTA (JP): The Indonesian Democratic Party (PDI) split has squandered the party's best chance of an improved showing in the 1997 poll, analysts say.In separate interviews with The Jakarta Post yesterday, three political observers from top...
Tue, 25 Jun 1996
Police comb Exchange for bomb
Police comb Exchange for bomb JAKARTA (JP): A bomb disposal squad searched 32-floor Jakarta Stock Exchange (JSX) building last night after police were notified of a series of threatening phone calls.The calls may have been a hoax: by 9 p.m., the Jakarta Police team found no bomb.
Tue, 25 Jun 1996
Tien's insurance goes to needy
Tien's insurance goes to needy JAKARTA (JP): President Soeharto will use some of the payment from his late wife Mrs. Siti Fatimah Hartinah Soeharto's insurance policy to support activities undertaken by social foundations which the first lady used to chair, an official said.
Tue, 25 Jun 1996
Duta Pertiwi bonus shares
Duta Pertiwi bonus shares JAKARTA (JP): PT Duta Pertiwi, a publicly-listed property developer, said yesterday that it will issue one bonus share for every four old shares.The proposal of the bonus share issuance was approved by the company's shareholders at their annual meeting yesterday, together...
Tue, 25 Jun 1996
Writing contests for journalists
Writing contests for journalists BEKASI, West Java (JP): To commemorate the 51st anniversary of Indonesia's independence and the 46th anniversary of Bekasi the local administration will organize a writing contest among journalists assigned to cover events in the town.
Tue, 25 Jun 1996
Coca-Cola's business tour
Coca-Cola's business tour JAKARTA (JP): Sixty international fund managers, stockbrokers and business analysts began a four-day tour yesterday to the sites of the Indonesian operations of the Australia-based Coca- Cola Amatil.
Tue, 25 Jun 1996
Soeharto says people's benefit outweighs individual interests
Soeharto says people's benefit outweighs individual interests JAKARTA (JP): Indonesia is not a country where the strongest triumphs and tyrannizes the weak, President Soeharto said yesterday.In an address opening the national meeting of Kader Pembangunan Indonesia (Indonesian Cadres of...
Tue, 25 Jun 1996
Hong Kong takes squash titles
Hong Kong takes squash titles JAKARTA (JP): As expected, Hong Kong took both the men's and women's singles titles yesterday in the East Asian Squash Championships at the Pertamina squash court in Simprug, South Jakarta.
Tue, 25 Jun 1996
Traders predict lower palm oil prices
Traders predict lower palm oil prices KUALA LUMPUR (Reuter): Southeast Asia palm and lauric oils may be mixed this week, with rising production, weak demand and bearish sentiment seen pulling down Malaysian, Singapore and Indonesian palm prices, regional traders said yesterday.
Tue, 25 Jun 1996
French trapeze show mesmerizes Fair visitors
French trapeze show mesmerizes Fair visitors JAKARTA (JP): Jakarta Fair visitors held their breath as a man jumped and performed a double somersault. They applauded as he successfully caught a rope and safely landed on a platform.
Tue, 25 Jun 1996
IPTN, Dassault sign agreement to design N-2130
IPTN, Dassault sign agreement to design N-2130 JAKARTA (JP): The state-owned aircraft manufacturer IPTN signed a technical cooperation agreement here yesterday with Dassault Aviation of France to design the N-2130 aircraft.
Tue, 25 Jun 1996
Youth antidrug safari tours main islands
Youth antidrug safari tours main islands JAKARTA (JP): Anti-drug campaigners will launch a "safari for youths" next month in an attempt to increase younger people's awareness of the dangers of drug abuse.
Tue, 25 Jun 1996
State firms book profits of Rp 9.32t
State firms book profits of Rp 9.32t JAKARTA (JP): State-owned companies recorded significant improvements in their financial performances last year, with combined pre-tax profits rising by 20.5 percent to Rp 9.32 trillion (US$4.05 billion) from Rp 7.73 trillion in 1994.
Tue, 25 Jun 1996
Consuls complain about security
Consuls complain about security DENPASAR, Bali: Governor Ida Bagus Oka says he suspected something fishy in last week's claims that tourists are becoming less safe on the island made by 13 foreign Consuls."Why did they raise this issue again? I suspect they have political motives.
Tue, 25 Jun 1996
BRI slashes bad loans worth over Rp 1 trillion
BRI slashes bad loans worth over Rp 1 trillion JAKARTA (JP): The state-owned Bank Rakyat Indonesia (BRI) has written off more than Rp 1 trillion (US$435 million) in bad loans from its balance sheet, according to the bank's top official.
Tue, 25 Jun 1996
Indonesia dumped in U-19 qualifier
Indonesia dumped in U-19 qualifier JAKARTA (JP): A one-year Italian training stint proved far from fruitful for Indonesian junior booters as they were bundled out of the Asia Cup U-19 soccer championship qualifier in a 0-3 thrashing from China in Gaoding on Sunday.
Tue, 25 Jun 1996
Teen golf meet starts today
Teen golf meet starts today JAKARTA (JP): More than 90 teenagers are expected to tee off in the Tugu Pratama Open Teenage Amateur Golf Championships at the Matoa golf course in Ciganjur, South Jakarta, today.
Tue, 25 Jun 1996
U.S. visa applications on rise during vacation
U.S. visa applications on rise during vacation JAKARTA (JP): The United States Embassy is processing between 400 and 600 visa applications daily during the school vacation.Counselor for Consular Affairs at the embassy, William Barkell, told The Jakarta Post yesterday that the peak season for visa...
Tue, 25 Jun 1996
TV Media disputes consumer agency charges
TV Media disputes consumer agency charges JAKARTA (JP): PT Telemedia Internusa, better known as TV Media Indonesia, has charged the Indonesian Consumers Foundation with exaggerating customers' complaints about its service.
Tue, 25 Jun 1996
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 24, 1996: Shares Close Change Trading Volume ----------------------------------------------------------------- Ades Alfindo 825 -25 7,500 AHAP Insurance 2,800 0 0 Alumindo Perkasa 650 -25 2,500 Andayani Megah 1,125 0...
Tue, 25 Jun 1996
'KL won't stop work on Bakun'
'KL won't stop work on Bakun' KUALA LUMPUR (AFP): Malaysia's Deputy Premier Anwar Ibrahim said yesterday he would not halt work on the country's massive Bakun dam project despite a court ruling against it.
Tue, 25 Jun 1996
Sidewalk vendors
Sidewalk vendorsFrom KompasI work in the Bendungan Hilir area, Central Jakarta. To avoid the three-in-one restricted area, I always try to find an alternative way to get to my workplace. This requires me to go via many backroads roads.
Tue, 25 Jun 1996
TV today
TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Kid's Song 3:05 Children's Program: Sekolahku 3:30 TV Series: Beyond Tomorrow 4:00 News: Lintasan Berita 4:05 Science: Pengolahan Limbah 4:30 TV Drama: Dari Hati ke Hati 5:00 Regional News 5:30 English Lessons: Apologizing 6:05 Nusantara,...
Tue, 25 Jun 1996
SI and Sucofindo merger possible
SI and Sucofindo merger possible JAKARTA (JP): The government is studying the possibility of merging PT Surveyor Indonesia and PT Sucofindo to improve the efficiency of the two surveyor companies, says a senior official.
Tue, 25 Jun 1996
Army chief's mansion robbed
Army chief's mansion robbed SURABAYA: A group of unidentified men burgled the two-story mansion of Army Chief of Staff Gen. Raden Hartono, located in the posh Sinar Galaxy housing complex Sunday, police said yesterday.
Tue, 25 Jun 1996
Officers told to be easy going
Officers told to be easy going JAKARTA (JP): City Military Commander Maj. Gen. Sutiyoso has called on non-commissioned officers to be posted in kampongs across Jakarta to be easygoing and to posses practical knowledge as well dynamism in the field.
Tue, 25 Jun 1996
Blenheim organizes trade expo here
Blenheim organizes trade expo here JAKARTA (JP): A London-based corporation, Blenheim Exhibitions PTE Ltd., will hold four international trade exhibitions here -- an automotive engineering, automation & logistic, steel & iron technology, and a welding technology exhibition.
Tue, 25 Jun 1996
PDI
PDIFrom Media IndonesiaThe statutes and by-laws of an organization are sometimes interpreted differently by individual members of the organization. PDI (Indonesian Democratic Party) is an example. The conflicting groups have different interpretations of their statutes and by-laws.
Tue, 25 Jun 1996
Kia and Timor required to make countertrade deal
Kia and Timor required to make countertrade dealBy Riyadi SEOUL (JP): The Indonesian government has asked Kia Motors Corporation of South Korea to buy car components off PT Timor Putra Nasional before exporting the "national cars" to Indonesia.
Tue, 25 Jun 1996
Release information on dengue fever: IDI
Release information on dengue fever: IDI JAKARTA (JP): Suppressing information on dengue fever will limit the public's knowledge on how to prevent it, the chairman of the Indonesian Medical Association (IDI) said.
Tue, 25 Jun 1996
RP-Moro autonomy pact agreed by all sides
RP-Moro autonomy pact agreed by all sides MANILA (AFP): An agreement creating a special transition government for a Moslem autonomous region in the southern Philippines will be signed within three months, a senior official said yesterday.
Tue, 25 Jun 1996
Bakrie reports higher profits
Bakrie reports higher profits JAKARTA (JP): PT Bakrie & Brothers yesterday reported that its net profits had grown by 32 percent to Rp 20.7 billion (US$8.5 million) in the first three months of the year.The company said in a statement that it had booked profits of Rp 15.
Tue, 25 Jun 1996
Biannual aeronautical talk planned
Biannual aeronautical talk planned JAKARTA (JP): Indonesia will hold a symposium on aeronautical science in conjunction with the planned Asia-Pacific Hi-Tech and Aerospace Show to be held biannually, beginning in 1998.
Tue, 25 Jun 1996
Developers ignore environmental considerations
Developers ignore environmental considerations DEPOK, West Java (JP): Housing developers do not place environmental considerations at the top of their list of priorities, says president of the Indonesian Real Estate Association Edwin Kawilarang.
Tue, 25 Jun 1996
Hundreds of shuttlers join junior tourney
Hundreds of shuttlers join junior tourney JAKARTA (JP): A total of 822 junior shuttlers from 12 countries have confirmed their participation in the Bumiputera Open Badminton Championships scheduled to run from July 1 to July 7 at Senayan Badminton Hall.
Tue, 25 Jun 1996
Clean govt begins with clean judiciary
Clean govt begins with clean judiciary Accusations of collusion in the Supreme Court recently grabbed headlines in the Indonesian press. Scholar Charles Himawan outlines what constitutes an independent judiciary. JAKARTA (JP): Maj. Gen. A.M.