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Fri, 05 Jan 1996
Welsh trade team due here
Welsh trade team due here JAKARTA (JP): A trade mission from Welsh headed by Parliamentary Under Secretary of States for Wales, Rod Richards will make a five day visit here.The team which will comprise of nineteen Welsh businessmen is scheduled to meet local businessmen and the Indonesian Chamber...
Fri, 05 Jan 1996
Pipe leakage
Pipe leakageFrom Media IndonesiaOn Dec. 20,1995 I reported a leakage of the water pipe in the front yard of my house. This has resulted in the front garden being inundated all the time. When I met the developer's staff, they asked me this: "Is the leakage within or outside the house?" I said that...
Fri, 05 Jan 1996
Masyumi pushes for reforms
Masyumi pushes for reforms JAKARTA (JP): Masyumi, a newly formed Moslem-based organization, vowed yesterday to push forth its demands for political reforms.Masyumi spokesman Agus Miftach said that the organization, founded last November, is determined to seek revision of the laws governing...
Fri, 05 Jan 1996
Jakarta's 34,000 firms fail to provide facilities
Jakarta's 34,000 firms fail to provide facilities JAKARTA (JP): Not one of the 34,000 companies operating in Jakarta has paid proper attention to their worker's welfare as required by regulation, a city councilor has said.
Fri, 05 Jan 1996
House warns against business domination
House warns against business domination JAKARTA (JP): House Speaker Wahono called on the government yesterday to check the domination of big businesses in the economy.Addressing the House of Representatives ahead of President Soeharto's annual budget speech, Wahono identified a number of...
Fri, 05 Jan 1996
Publicly-listed Matahari to open 15 new outlets
Publicly-listed Matahari to open 15 new outlets JAKARTA (JP): PT Matahari Putra Prima, a publicly-listed retail company, plans to open 15 new outlets throughout Indonesia this year.Matahari's spokesman Rudy R.J.
Fri, 05 Jan 1996
Ulemas to visit Jakarta
Ulemas to visit Jakarta PONTIANAK, West Kalimantan: Twenty ulemas from West Kalimantan will travel to Jakarta for an audience with President Soeharto today, Antara reported yesterday.The ulemas will hold Friday prayers together with the head of state before the meeting, the news agency said quoting...
Fri, 05 Jan 1996
Indonesia will not use foreign exchange reserves
Indonesia will not use foreign exchange reserves JAKARTA (JP): Governor of Bank Indonesia (the central bank) Soedradjad Djiwandono stated yesterday that Indonesia will not resort to using its foreign exchange reserves to cover its current account deficit -- expected to reach US$7.
Fri, 05 Jan 1996
Junior high for Krakatau 'son'
Junior high for Krakatau 'son' BANDAR LAMPUNG, Lampung: The provincial administration will open a small junior high school on Sebesi and Sebuku this year, two tiny islets that are part of the Anak Krakatau (Krakatau Son) group of islands in the Sunda Strait.
Fri, 05 Jan 1996
Cop missing after tidal waves
Cop missing after tidal waves PALU, Central Sulawesi: A police officer, missing since Monday's tidal wave is feared to have been dragged into the water, according to Antara.The news agency said that Chief Corporal Anhar Lahusen was patrolling the Taipa beach in the Tonggolobibi village in Donggala...
Fri, 05 Jan 1996
Foreign campuses allowed to open
Foreign campuses allowed to open KUALA LUMPUR (AFP): Malaysia is soon to allow foreign universities to set up branches in the country in a major policy change analysts said could help cut down the overseas-education bill and save foreign exchange."Besides cutting down the 2.
Fri, 05 Jan 1996
RI sends bowlers to Malaysia
RI sends bowlers to Malaysia JAKARTA (JP): The Indonesian Bowling Association today will send five female and four male bowlers to the 8th Asian Youth Bowling Championships in Genting Highland, Malaysia, scheduled for Jan. 7 - 13.
Fri, 05 Jan 1996
Residents sue land agency
Residents sue land agency JAKARTA (JP): Residents of Kelapa Gading want the North Jakarta Land Agency office to withdraw a permit given to a private developer to use 20 hectares of land they have been tilling for 38 years.
Fri, 05 Jan 1996
Indonesian Balance of Payments (US$ million)
Indonesian Balance of Payments (US$ million) Indonesian balance of payments (US$ million) Description 1994-95 1995-96 1996-97 (actual) (estimate) (projection) 1. Exports (FOB) 42,161 46,904 53,264 a. Oil 6,312 5,865 5,067 b. Liquefied natural gas 4,133 4,031 3,973 c.
Fri, 05 Jan 1996
More taxes to fund state spending
More taxes to fund state spending JAKARTA (JP): The government unveiled yesterday its 1996-1997 fiscal year spending plan, which features a hefty 16 percent increase to be financed chiefly through more taxes.
Fri, 05 Jan 1996
BRI's rating upgraded
BRI's rating upgraded HONG KONG (Reuter): Thomson BankWatch has assigned a senior debt rating of BB+ and an inter-country issuer rating of IC-B/C to Bank Rakyat Indonesia (BRI).The ratings reflect the bank's high creditworthiness in spite of the weakness in the quality of its loan portfolio, the...
Fri, 05 Jan 1996
Bogor chaotic
Bogor chaoticFrom KompasFor the last few days Kompas has published articles and photos showing what the town of Bogor is like. On Dec. 14, 1995, on page 8, there was a picture of a street full of garbage. And on Dec.. 16 we could see a picture which showed piles of rubbish.
Fri, 05 Jan 1996
Riau, Kalimantan get National parks
Riau, Kalimantan get National parks JAKARTA: The Ministry of Forestry has converted a huge forestry area in Riau and a large area of natural forest in West Kalimantan into a national park.Minister Djamaludin Suryohadikusumo declared in two separate decrees that an 800,000 hectare area, known as the...
Fri, 05 Jan 1996
After the flood, comes diarrhea
After the flood, comes diarrhea BANDA ACEH, Aceh: A provincial administration official warned of possible outbreaks of diarrhea in areas struck by floods in eastern and northern Aceh this week.Saleh Yacob, the chief of the administration's social services, said his office had already received...
Fri, 05 Jan 1996
Policies aimed to cool down economy: Mar'ie
Policies aimed to cool down economy: Mar'ie JAKARTA (JP): Fiscal and monetary policies in 1996/1997 (April/March) must be designed to cool down the economy without arresting the country's economic growth rate, which is expected to surpass seven percent, said Minister of Finance Mar'ie Muhammad.
Fri, 05 Jan 1996
Walhi won't file suit against polluters
Walhi won't file suit against polluters JAKARTA (JP): The Indonesian Forum for the Environment (Walhi) says it has no immediate plans to file lawsuits against companies named by the government as the worst industrial polluters, despite offers of assistance from the state.
Fri, 05 Jan 1996
Dispensary robbers indentified
Dispensary robbers indentified JAKARTA (JP): The South Jakarta police are searching a group of six robbers armed with a gun who committed a pre-dawn burglary at a building designated as a clinic and dispensary yesterday morning."The identities of all of the members are already known," Lt. Col.
Fri, 05 Jan 1996
Emerging Asian bourses back on the buy-list
Emerging Asian bourses back on the buy-list HONG KONG (Agencies): Many, but not all, of Asia's emerging stock markets seem to have been put back on the buy-list by foreign investors.But brokers and analysts in the region questioned by Reuters yesterday are not convinced the trend can last...
Fri, 05 Jan 1996
Demand for office space in S'pore expected to increase
Demand for office space in S'pore expected to increase SINGAPORE (Reuter): Demand for office space in Singapore is expected to be robust, allowing rentals to move up in 1996, property consultant Jones Lang Wootton (JLW) said yesterday at a seminar on construction and property.
Fri, 05 Jan 1996
Mitsubishi's venture capital
Mitsubishi's venture capital TOKYO (UPI): Mitsubishi will be the first Japanese trading company to enter the U.S. venture capital business, a business newspaper said yesterday.Mitsubishi, Japan's largest trading firm, wants to back growing U.S.
Fri, 05 Jan 1996
Hotels and restaurants get health certificates
Hotels and restaurants get health certificates JAKARTA (JP): Thirty-six hotels, restaurants and catering services received health certificates from the city administration yesterday.Fauzy Bowo, the head of the City Tourism Agency, said at the Kartika Chandra Hotel in Jakarta that the certificates,...
Fri, 05 Jan 1996
Will state budget be able to cool economy?
Will state budget be able to cool economy? The government unveiled its proposed budget yesterday. Economist Mari Pangestu calls for prudence, transparency and consistence in the financing of big projects.
Fri, 05 Jan 1996
Malaysian, S'pore rubber markets up
Malaysian, S'pore rubber markets up KUALA LUMPUR (Reuter): Malaysian rubber prices ended sharply higher yesterday after players chased the Tokyo market which surged in tandem with the yen, traders said.
Fri, 05 Jan 1996
Austere, realistic budget
Austere, realistic budget The 1996-1997 state budget which President Soeharto proposed to the House of Representatives (DPR) yesterday is qualitatively and structurally very similar to the current one. The spending plan reflects a conservative fiscal policy.
Fri, 05 Jan 1996
Many concerned over current account deficit
Many concerned over current account deficit JAKARTA (JP): Legislators and businessmen harbored strong reservations about the country's growing current account deficit and the overheating of the economy.
Fri, 05 Jan 1996
Soeharto unveils 1996-1997 draft state budget
Soeharto unveils 1996-1997 draft state budget President Soeharto unveiled the annual state budget draft yesterday before a plenary session of the House of Representatives (DPR). The following is an unofficial, condensed translation of the budget transcript.
Thu, 04 Jan 1996
Where to go in Jakarta:
Where to go in Jakarta:Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1 p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m.
Thu, 04 Jan 1996
Kawasaki expands in Jakarta
Kawasaki expands in Jakarta TOKYO (AFP): Japan's Kawasaki Heavy Industries Ltd. is to invest 300 million yen (US$3 million) to boost motorcycle production in Indonesia by 80 percent to 66,000 units a year, the Nihon Keizai Shimbun said yesterday.
Thu, 04 Jan 1996
Minimum wage a problem: Bosses
Minimum wage a problem: Bosses JAKARTA (JP): Many private companies will face difficulties in implementing the new increase of workers' minimum wage as proposed recently by the All Indonesian Workers Union (SPSI), chairman of the Association of the Indonesian Employers said here yesterday.
Thu, 04 Jan 1996
Air tickets at post offices
Air tickets at post offices SAMARINDA, East Kalimantan: The Samarinda branch of PT Pos, the state post office company, is considering selling air tickets at its counters around the city.Samarinda branch manager Nussalim said his office is studying a cooperation proposal with PT Sempati, a private...
Thu, 04 Jan 1996
Britain, Philippines to hold exercises
Britain, Philippines to hold exercises MANILA (AFP): British Defense Secretary Michael Portillo signed a defense accord with the Philippines yesterday, allowing British troops to hold joint exercises with Filipino soldiers in 1997, the year London hands back Hong Kong to Beijing.
Thu, 04 Jan 1996
A new trend?
A new trend? Now that the holidays have passed and the celebrating is over, Jakarta has begun returning to normal. On Tuesday, according to one newspaper report, nearly 46,000 people arrived at the Pulogadung bus station after a long and grueling journey from various regions of Java.
Thu, 04 Jan 1996
Lone Star to upgrade RI gold mine
Lone Star to upgrade RI gold mine SYDNEY (Reuter): Lone Star Exploration NL said it expects to make a substantial upgrade to the resource estimate at the Awak Mas goldmine in Indonesia within the next week and a half, managing director Bill Crossley told Reuters.
Thu, 04 Jan 1996
Manila's new tax law sparks inflation fears
Manila's new tax law sparks inflation fears MANILA (Reuter): Inflation is expected to rear its ugly head in the Philippines following the introduction of a 10 percent expanded value added tax (E-VAT) and a rise in domestic oil product prices, analysts and economists said yesterday.
Thu, 04 Jan 1996
Hallmark buys RI mine
Hallmark buys RI mine PERTH (Reuter): Hallmark Gold NL said it has entered into an agreement with PT Arumbai Mangabekti (PAM) giving it the right to acquire 55 percent of the Indonesian manganese miner's issued capital for about US$1 million.
Thu, 04 Jan 1996
East Timor agitators desperate: Alatas
East Timor agitators desperate: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas yesterday berated the bedlam created by East Timorese agitators in the last 12 months as a "desperate" effort to revive the waning international interest in their cause.
Thu, 04 Jan 1996
NU never undermines government: Gus Dur
NU never undermines government: Gus Dur JAKARTA (JP): Abdurrahman Wahid, chairman of the 30-million strong Nahdlatul Ulama (NU), said his was the only organization which never got involved in any conflicts with the government.
Thu, 04 Jan 1996
Suramadu bridge waits for funds
Suramadu bridge waits for funds JAKARTA (JP): The construction of a six-kilometer Suramadu bridge connecting Surabaya and Madura island in East Java has yet to be started because all the parties involved are still in a "waiting position", said the Minister of Public Works Radinal Moochtar.
Thu, 04 Jan 1996
Surabaya ready to host ASEAN tourism forum
Surabaya ready to host ASEAN tourism forum JAKARTA (JP): At least 1,650 participants from the Association of Southeast Asian Nations (ASEAN) will attend the ASEAN Tourism Forum (ATF) in Surabaya, East Java, from Jan. 6 to Jan. 12.
Thu, 04 Jan 1996
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.03, 1996: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 800 0 13,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,625 50 1,682,500 Aneka...
Thu, 04 Jan 1996
Government to import TSP fertilizer
Government to import TSP fertilizer JAKARTA (JP): The government announced yesterday it has decided to import 200,000 tons of triple-superphosphate (TSP) fertilizer this year to anticipate the shortage which may occur due to an early planting season this year.
Thu, 04 Jan 1996
BHP to explore Timor Sea
BHP to explore Timor Sea JAKARTA (JP): The Broken Hill Proprietary Company Limited, a Victoria-based Australian firm, announced yesterday that its wholly owned subsidiary BHP Petroleum (North West Shelf) Pty. Ltd. was awarded an oil exploration permit in the Timor Sea.
Thu, 04 Jan 1996
Jakarta-Bekasi flyover urgent
Jakarta-Bekasi flyover urgent JAKARTA (JP): Minister of Public Works Radinal Moochtar has said that the Jakarta-Bekasi elevated toll road is urgently needed.He said the feasibility study has been completed, and a technical study on the design will be made, Antara reported yesterday.
Thu, 04 Jan 1996
Official fees seen as burden to industry
Official fees seen as burden to industry JAKARTA (JP): Industries in East Kalimantan currently have to pay at least 24 official fees, including taxes, imposed by the central and local administrations.The Antara news agency yesterday quoted an anonymous source in Samarinda as saying that the fees...
Thu, 04 Jan 1996
Soeharto to propose state budget
Soeharto to propose state budget JAKARTA (JP): President Soeharto is to propose the 1996-1997 state budget to the House of Representatives today, a budget most analysts expect to be as austere as the current one.