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Tue, 18 Mar 1997
Nine Jelambar residents too scared to go home
Nine Jelambar residents too scared to go home JAKARTA (JP): Nine residents of Jelambar, West Jakarta, have not been able return home for a week as of yesterday because they were scared of being intimidated by neighbors.
Tue, 18 Mar 1997
Malaysia to invest $5 billion in IMTGT
Malaysia to invest $5 billion in IMTGT JAKARTA (JP): Malaysian businesspeople have pledged to invest about US$5 billion in the triangular area linking northern Sumatra, western Malaysia and southern Thailand.
Tue, 18 Mar 1997
A reflection of foreigners' trust
A reflection of foreigners' trust Prajogo Pangestu, through his PT Tanjungenim Lestari Pulp and Paper (TLPP) paper mill, last week signed a US$991 million loan. All the creditors were foreigners. Not a single local bank was involved, as was also the case in the financing of the Bakrie group's...
Tue, 18 Mar 1997
Rp 6b more to make Games bigger splash
Rp 6b more to make Games bigger splash JAKARTA (JP): An extra Rp 6 billion (US$2.5 million) will be spent to make the 19th SEA Games ceremonies more spectacular, organizers said yesterday.Rudolph S Warouw, the organizing committee's secretary- general, said the committee had raised its budget from...
Tue, 18 Mar 1997
28 RI women allegedly mistreated in Singapore
28 RI women allegedly mistreated in Singapore JAKARTA (JP): Twenty-eight Indonesian women working as domestic helpers in Singapore have been mistreated by their employers, according to an Indonesian cabinet minister.
Tue, 18 Mar 1997
RP coconut prices may move sideways
RP coconut prices may move sideways MANILA (Reuter): Coconut oil prices are expected to move sideways this week ahead of the Easter holiday, Manila vegetable oil traders said yesterday.Traders also said the annual convention of oilseeds processors in the United States on March 19 to 21 would keep...
Tue, 18 Mar 1997
10 bus permits revoked for route deviations
10 bus permits revoked for route deviations JAKARTA (JP): The city land transportation control agency has temporarily revoked the permits of 10 public buses for violating regulations, an official said yesterday.
Tue, 18 Mar 1997
E. Java imports cattle
E. Java imports cattle JAKARTA (JP): East Java annually imports about 20,000 Australian cattle, far less than its import demand of 50,000, the head of the local farming agency, Padang Bambang Wiryono, said in Surabaya yesterday.
Tue, 18 Mar 1997
Vickers eyes one more firm
Vickers eyes one more firm JAKARTA (JP): PT Vickers Ballas Tamara, a joint venture securities company, expects to underwrite at least two initial public offerings (IPO) this year.The senior corporate finance manager of Vickers Ballas Tamara, Isamat Dalimunthe, said yesterday the company expected to...
Tue, 18 Mar 1997
Shares prices recover in slow trade
Shares prices recover in slow trade JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) gained ground yesterday in a moderate trade marred slightly by panic over the earthquake in Jakarta.The exchange's Composite Index rose 0.6 percent to 670.93 from 666.84 after dropping 2.
Tue, 18 Mar 1997
Villagers protest PLN's planned public listing
Villagers protest PLN's planned public listing JAKARTA (JP): Sixty Ciseeng, Cihoe and Cibentang villagers of the Bogor regency, claiming PLN cheated them in a high-voltage cable installation deal, went to Jakarta Stock Exchange (JSX) yesterday to demand the JSX reject PLN's planned public listing.
Tue, 18 Mar 1997
Corrupt bureaucrates attacked
Corrupt bureaucrates attacked JAKARTA (JP): A senior official at the Ministry of Home Affairs renewed his attack yesterday against fellow officials for taking bribes from prospective employees."There have been cases recently where the recruitment of Ministry of Home Affairs employees was done in...
Tue, 18 Mar 1997
Detained politicians refuse to be questioned
Detained politicians refuse to be questioned JAKARTA (JP): Politicians Sri Bintang Pamungkas and Julius Usman, currently under investigation for subversion, refused to answer any questions yesterday from the Attorney General's Office interrogators.
Tue, 18 Mar 1997
Quake causes panic in Jakarta
Quake causes panic in Jakarta JAKARTA (JP): An earthquake measuring 6.0 on the Richter scale sent people scurrying out of high rise buildings, shopping malls and homes in Jakarta yesterday.Believed to be the strongest quake to rock the capital, the tremor caused major panic, disrupting work in high...
Tue, 18 Mar 1997
Siswono backs Gus Dur's stance Israeli body
Siswono backs Gus Dur's stance Israeli body KENDAL, Central Java (JP): Minister of Transmigration Siswono Yudohusodo is backing enigmatic Moslem leader Abdurrahman Wahid's disputed decision to become a member of the Shimon Peres Institute.
Tue, 18 Mar 1997
Soeharto, Goh agree to boost ASEAN ties
Soeharto, Goh agree to boost ASEAN ties JAKARTA (JP): President Soeharto and Singapore Prime Minister Goh Chok Tong agreed yesterday to enhance economic cooperation between the seven ASEAN nations.The agreement came during a private meeting on Karimun Island, Riau.
Tue, 18 Mar 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Radisson Hotel, Jl. Pecenongan 72, Central Jakarta: - Lobby Lounge Bar; Vino on Bass and Yudi on Piano, Mona and Nongky (Singers), Monday to Saturday, 6 p.m. to 10 p.m. * Ancol Travelodge, Jl. Lodan Timur No.
Tue, 18 Mar 1997
No need to organized rallies for presidential candidacy: Legislator
No need to organized rallies for presidential candidacy: Legislator JAKARTA (JP): A legislator criticized groups yesterday who had already called for President Soeharto's reelection for the 1998 to 2003 term, labeling the moves as attempts to curry favor with the head of state.
Tue, 18 Mar 1997
Burglars make off with Rp25m goods
Burglars make off with Rp25m goods JAKARTA (JP): Five burglars threatened to stab an office boy working at an electronics shop in Central Jakarta before stealing Rp 20 million worth of goods yesterday.A sergeant at the Central Jakarta Police precinct said the burglars had arrived in a Kijang...
Tue, 18 Mar 1997
Small businesses needs empowering, researcher says
Small businesses needs empowering, researcher says JAKARTA (JP): The government should empower small-scale entrepreneurs to build a strong base for the nation's economy, a scholar said yesterday.Cornelis LAY of the Yogyakarta-based Gadjah Mada University told a discussion titled Islam and...
Tue, 18 Mar 1997
Asia's economies: Growth now, equity later
Asia's economies: Growth now, equity laterBy Johanna Son MANILA: Asia's surging economies are pressing ahead with liberalization and reforms aimed at spurring growth, but they still see concerns about equity and the social ill-effects of growth as secondary issues.
Tue, 18 Mar 1997
East Timor in photo display
East Timor in photo display JAKARTA (JP): The eight-year-old Jakarta Photographers' Society will exhibit 150 pictures on East Timor and its people's daily life.The color and black and white photos, snapped by 13 members of the club, will be on show in a four-day expo beginning Thursday at Taman...
Tue, 18 Mar 1997
Mar'ie says govt unlikely to reach revenue target
Mar'ie says govt unlikely to reach revenue target JAKARTA (JP): The minister of finance, Mar'ie Muhammad, said yesterday the government was unlikely to reach its tax revenue target for the 1996/1997 fiscal year which ends this month.
Tue, 18 Mar 1997
Experts give logical explanation for quake
Experts give logical explanation for quake JAKARTA (JP): To the superstitious, yesterday's earthquake may have been a premonition of sorts, but experts say there is a logical and scientific explanation for the phenomenon.
Tue, 18 Mar 1997
Malaysia launches industrial township
Malaysia launches industrial township KUANTAN, Malaysia (Reuter): Prime Minister Mahathir Mohamad launched a US$1.6 billion industrial township built to make electrical appliances yesterday, part of a multi- pronged effort to go global with made-in-Malaysia products.
Tue, 18 Mar 1997
Environment law 'toothless'
Environment law 'toothless' PEKANBARU, Riau: State Minister of Environment Sarwono Kusumaatmadja wants tougher sentences for polluters and destroyers of natural resources.The courts only ever gives offenders probationary sentences although everyone agrees they have committed serious crimes, he said...
Tue, 18 Mar 1997
S'pore's Lee to retract statement
S'pore's Lee to retract statement SINGAPORE (AFP): Singaporean Senior Minister Lee Kuan Yew yesterday said he was retracting a court document critical of a Malaysian state which triggered a diplomatic row between the two countries.
Tue, 18 Mar 1997
BII signs $35m FRCD
BII signs $35m FRCD HONG KONG (Reuter): PT Bank Internasional Indonesia's (BII) US$35 million floating rate certificates of deposit issue has closed, arranger HSBC Markets said yesterday.The five-year issue, which was launched through the bank's Cayman Islands branch, was issued at par to float at...
Tue, 18 Mar 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 17, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 0 Alumindo Light Metal 1,200 0 167,000 Alumindo...
Tue, 18 Mar 1997
Foreign banks 'to help' small firms
Foreign banks 'to help' small firms JAKARTA (JP): Bank Indonesia, the central bank, plans to make it compulsory for joint ventures and foreign banks in Indonesia to allocate at least 20 percent of their overall credit to small businesses.
Tue, 18 Mar 1997
Staffing our civil service
Staffing our civil service It is public knowledge that many people have been paying their way to get into the civil service for a number of years now. No one finds it ironic that a person is willing to pay millions of rupiah -- the equivalent of several years of income for an upstart civil servant...
Tue, 18 Mar 1997
S'pore's chemical ambition checked by its neighbors
S'pore's chemical ambition checked by its neighbors SINGAPORE (Reuter): Singapore is forging ahead with its plan to develop a major petrochemical production hub to service Southeast Asia, but intense competition from neighbours is slowing its growth, industry analysts said yesterday.
Tue, 18 Mar 1997
Zarina's friend contradicts police testimony
Zarina's friend contradicts police testimony JAKARTA (JP): The testimony of a witness in the trial of Zarina, a 25-year-old would-be actress charged with producing, possessing, and distributing 29,677 Ecstasy pills, contradicted yesterday testimonies by police last week.
Tue, 18 Mar 1997
Minister urges coffee consumption to stabilize price
Minister urges coffee consumption to stabilize price SURABAYA, East Java (JP): The minister of agriculture, Sjarifudin Baharsjah, called yesterday for a campaign promoting drinking coffee.The minister said an increase in domestic coffee consumption was needed to stabilize local coffee prices.
Tue, 18 Mar 1997
More officials join debate on foreign observers
More officials join debate on foreign observers JAKARTA (JP): The government is slowly revealing its agenda for the foreign observers who will be invited to monitor the May 29 general election, with more officials announcing what the foreigners will and will not be allowed to do.
Mon, 17 Mar 1997
ITC holds two-day meeting
ITC holds two-day meeting JAKARTA (JP): The Italian Trade Commission (ITC) here will hold a two-day meeting with a number of local companies dealing with foundry and automotive industry from March 17 to 18.
Mon, 17 Mar 1997
Govt's declaining dignity causing more violence
Govt's declaining dignity causing more violence The culture of violence has become the talk of the people following the recent spate of riots in a number of cities. Some believe that it has become embedded in all levels of society.
Mon, 17 Mar 1997
Freedom to vote
Freedom to vote On March 8 Kompas published an article titled Civil servants bear no political responsibility. The article was in connection with the President's speech at the official opening of a seminar organized by the Indonesian Administration Scholars Association (PERSADI).
Mon, 17 Mar 1997
British expert to probe into crash
British expert to probe into crash KUALA LUMPUR (AFP): An aviation expert from Britain's Air Accident Investigation Board has arrived to help investigate the helicopter crash which killed auto king Yahaya Ahmad, a senior aviation official said yesterday.
Mon, 17 Mar 1997
Row won't deter S'pore investment to Malaysia
Row won't deter S'pore investment to Malaysia KUALA LUMPUR (AFP): Malaysia will keep luring Singaporean investors and the criticism made by senior minister Lee Kuan Yew on Johor state will not deter further investment, a business analyst said Saturday.
Mon, 17 Mar 1997
RI's investment in Vietnam
RI's investment in Vietnam JAKARTA (JP): Indonesia ranks as the seventh largest investor in Vietnam with a total investment of US$2.4 billion, the Indonesian ambassador to the country, Djafar H. Assegaf said.
Mon, 17 Mar 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Radisson Hotel, Jl. Pecenongan 72, Central Jakarta: - Lobby Lounge Bar; Vino on Bass and Yudi on Piano, Mona and Nongky (Singers), Monday to Saturday, 6 p.m. to 10 p.m. * Ancol Travelodge, Jl. Lodan Timur No.
Mon, 17 Mar 1997
Chinese ships to visit RP
Chinese ships to visit RP MANILA (AP): Chinese navy ships will visit the Philippines next week as the two countries try to strengthen relations after a territorial dispute, officials said yesterday.The Chinese frigate, destroyer and escort ships will be in Manila March 23-26 after visiting Thailand...
Mon, 17 Mar 1997
Tunky installs Djoko
Tunky installs Djoko JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo Saturday installed Djoko Moeljono as director general of international trade.Djoko, who was formerly the director general of domestic trade, replaced Anang Fuad Rivai who died last week after being struck by a...
Mon, 17 Mar 1997
Two women go blind for two days
Two women go blind for two days MAUMERE, East Nusa Tenggara: Two student nurses on work experience at Hilers Maumere hospital went blind last week for two days after they unwittingly entered the X-ray room.They read for 30 minutes in the x-ray room's light.
Mon, 17 Mar 1997
Several illiquid firms may be delisted from JSX
Several illiquid firms may be delisted from JSX JAKARTA (JP): Several publicly-listed companies whose shares are rarely traded might be delisted form the Jakarta Stock Exchange soon, an executive said over the weekend.
Mon, 17 Mar 1997
Thousands to be resettled
Thousands to be resettled PALANGKA RAYA, Central Kalimantan: About 44,000 East Javanese families will be resettled in the one-million-hectare peat moss project being developed here for agricultural use, an official was quoted by Antara as saying yesterday.
Mon, 17 Mar 1997
Musicians set up club to exchange ideas
Musicians set up club to exchange ideas JAKARTA (JP): Local performers of different music styles and ages have agreed to establish a club, scheduled to be inaugurated Tuesday by Minister/State Secretary Moerdiono, a popular patron among local artists.
Mon, 17 Mar 1997
Government wants 5% rise in forest royalties
Government wants 5% rise in forest royalties JAKARTA (JP): The Ministry of Forestry has proposed a 5 percent increase in forest royalties, but the business community is against the plan, Forest Minister Djamaludin Suryohadikusumo said over the weekend.
Mon, 17 Mar 1997
'NGOs needed for poll watch'
'NGOs needed for poll watch' JAKARTA (JP): The government should invite foreign non- governmental organizations (NGOs) as well as representatives of neighboring countries to observe the May 29 general election, two political analysts said yesterday.