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Sat, 25 Jan 1997
JSX prices lose ground on profit taking
JSX prices lose ground on profit taking JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) closed 0.9 percent lower yesterday as investors started taking profits.A dealer at a foreign brokerage firm said the market had remained strong but colored with profit taking on big capitalized...
Sat, 25 Jan 1997
Boxing body to call Pino in policy U-turn
Boxing body to call Pino in policy U-turn JAKARTA (JP): The Indonesian Boxing Association is to ask Pino Bahari to attend the 19th SEA Games training program despite his refusal to attend the training camp last week.
Sat, 25 Jan 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday, Sunday, 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday, 7:15 p.m. to 11 p.m.
Sat, 25 Jan 1997
Soeharto's Olympic vision
Soeharto's Olympic vision JAKARTA (JP): President Soeharto wants Indonesia to host both the 2006 Asian Games and 2008 Olympics."The President asked me to assess the possibility of Indonesia hosting the two international major sport events," Minister of Sports and Youth Affairs Hayono Isman said...
Sat, 25 Jan 1997
Merapi active again, emits 13 blasts
Merapi active again, emits 13 blasts YOGYAKARTA (JP): After two days of insignificant activity, Mt. Merapi again began spewing hot clouds early yesterday.Volcanologists stationed at the Kaliurang monitoring post said Mt. Merapi spewed clouds of hot ashes 13 times between 1 a.m. and 3 a.m.
Sat, 25 Jan 1997
Illegal buildings to be demolished
Illegal buildings to be demolished JAKARTA (JP): North Jakarta Mayor Suprawito has ordered the city public order office to demolish all buildings built without permits in the Kramat Tunggak red-light district in North Jakarta."There are no exceptions," Suprawito said Thursday.
Sat, 25 Jan 1997
BDNI nets record profit
BDNI nets record profit JAKARTA (JP): Bank Dagang Nasional Indonesia (BDNI) announced yesterday a record net profit of Rp 190.7 billion (US$80 million) for 1996, up 36 percent on 1995.The bank said the rise was driven by a 30 percent increase in operating income, which amounted to Rp 576.5 billion.
Sat, 25 Jan 1997
Cathay reschedules flights
Cathay reschedules flights JAKARTA (JP): Hong Kong's Cathay Pacific Airways will reschedule it Denpasar-Hong Kong flights from Feb. 1 to meet rising demand and accommodate passengers on connecting flights to Europe and Los Angeles.Its flights to Hong Kong will depart Denpasar at 4:10 p.m.
Sat, 25 Jan 1997
Kiani Lestari gets reforestation funds for its pulp factory
Kiani Lestari gets reforestation funds for its pulp factory JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo confirmed yesterday that his ministry had lent Rp 250 billion (US$108.70 million) in reforestation funds to PT Kiani Lestari for its pulp and paper factory.
Sat, 25 Jan 1997
S&P assigns 'BBB' rating to BNI's senior notes
S&P assigns 'BBB' rating to BNI's senior notes JAKARTA (JP): Standard and Poor's (S&P) has assigned a "BBB" long-term rating to Bank Negara Indonesia's (BNI) US$145 million senior notes issue due 2007.The international rating agency said yesterday the triple-B rating reflected the likelihood of...
Sat, 25 Jan 1997
Coffee curbs aim to lock in 30 percent price rise
Coffee curbs aim to lock in 30 percent price rise LONDON (Reuter): World coffee prices are up by 30 percent from the start of 1997 and traders say they may be expected to stay firm if producing nations can implement a new accord to cut exports.
Sat, 25 Jan 1997
King for a day on a first-class sky trek
King for a day on a first-class sky trekBy John Aglionby As part of the aviation theme, Ansett Australia and British Airways provided The Jakarta Post with first class tickets to and from Kuala Lumpur respectively.
Sat, 25 Jan 1997
'Two associations may lead futures exchange'
'Two associations may lead futures exchange' JAKARTA (JP): Analysts fear the coffee and edible oil associations could dominate the planned futures commodity exchange at the expense of farmers' cooperatives.
Sat, 25 Jan 1997
Govt raises rice and fertilizer prices
Govt raises rice and fertilizer prices JAKARTA (JP): The government yesterday increased the producer price (floor price) of unhusked rice by 16.6 percent and fertilizers by an average of 21 percent to increase farmers' income and cut back on fertilizer subsidies.
Sat, 25 Jan 1997
Yellow, yellow everywhere
Yellow, yellow everywhereFrom NeracaWhatever reason there is behind the widespread use of yellow to color all objects in Surakarta, Central Java, the action is childish and immature.The use of yellow paint for public and social facilities reflects personal or group interest and blatantly ignores...
Sat, 25 Jan 1997
Congressman urges U.S. effort on E. Timor
Congressman urges U.S. effort on E. Timor WASHINGTON (Reuter): A U.S. congressman who recently visited East Timor urged the Clinton administration on Thursday to take the lead in tackling human rights abuses in the territory.
Sat, 25 Jan 1997
Christmas Island to loose major earner
Christmas Island to loose major earner JAKARTA (JP): The owner of Christmas Island Resort has appealed to the Supreme Court in Western Australia to appoint any party except Casino Austria to manage the resort in order to save the property as well as hundreds of its employees.
Sat, 25 Jan 1997
Brits sentenced for anti-RI protest
Brits sentenced for anti-RI protest LONDON (Reuter): Two British activists who trespassed onto British Aerospace (BAe) property to protest at the export of Hawk missiles to Indonesia received three-month suspended jail sentences yesterday for contempt of court.
Sat, 25 Jan 1997
Expatriates and home ownership
Expatriates and home ownershipBy Frans Hendra Winarta JAKARTA (JP): Can a foreigner own a house? Maybe. Last year, the government issued a regulation allowing foreigners to purchase houses and land here. But not every foreigner is subject to the new stipulation.Government Regulation No.
Sat, 25 Jan 1997
Toyota-Astra pits sales recovery on restyled Kijang
Toyota-Astra pits sales recovery on restyled KijangBy Russell Williamson TOYOTA-ASTRA is banking on the new Kijang to lead its sales recovery in 1997.The new model -- launched earlier this month -- features a dramatic restyle and will be built in a wider range of models aimed at attracting new...
Sat, 25 Jan 1997
BRI travelers checks
BRI travelers checks JAKARTA (JP): State-owned Bank Rakyat Indonesia (BRI) sold Rp 2.5 trillion (US$1.05 billion) in travelers checks last year, up from Rp 1.9 trillion in 1995 and Rp 1.3 trillion in 1994.
Sat, 25 Jan 1997
Rector enters political jungle
Rector enters political jungle YOGYAKARTA: Rector of the prestigious Gadjah Mada University Soekanto Reksohadiprojo frowned yesterday on his students' objections to his legislative candidacy.Soekanto told The Jakarta Post the students had the right to raise objections but he said he would not...
Sat, 25 Jan 1997
More phones for holiday revelers
More phones for holiday revelers JAKARTA (JP): The state telephone company will install more public telephone booths at train stations and bus terminals for Idul Fitri revelers.South Jakarta Telephone Office head Nyoman Wirianata said yesterday his office would open a telegraph service, 24-hour...
Sat, 25 Jan 1997
Textile exports rose 10.5 percent in 1996: Tunky
Textile exports rose 10.5 percent in 1996: Tunky JAKARTA (JP): Export of textiles and textile products rose 10.5 percent to US$6.85 billion last year from $6.2 billion in 1995, Minister of Industry and Trade Tunky Ariwibowo said yesterday.
Sat, 25 Jan 1997
Neighbor unfazed S'pore's high-tech
Neighbor unfazed S'pore's high-tech SINGAPORE (AFP): Singapore officials are not worried by the threat of being overtaken by neighboring Malaysia as an information technology (IT) leader, the Straits Times reported yesterday.
Sat, 25 Jan 1997
UK, RP team up against child sex
UK, RP team up against child sex MANILA (Reuter): A team of British detectives specializing in cases of child sex abuse said yesterday they had established information links with Philippine police to strengthen the fight against pedophiles.
Sat, 25 Jan 1997
Five state public works firms perform poorly
Five state public works firms perform poorly JAKARTA (JP): Five of the 19 state enterprises under the Ministry of Public Works are unhealthy and four are less healthy, the ministry's secretary-general said yesterdayRuslan Diwiryo said the five companies were categorized as unhealthy on the basis of...
Sat, 25 Jan 1997
Merging with SI won't be easy, Sucofindo chief says
Merging with SI won't be easy, Sucofindo chief says JAKARTA (JP): State-owned surveyor PT Superintending Company of Indonesia (Sucofindo) does not mind merging with PT Surveyor Indonesia (SI), but warns it could be difficult.
Sat, 25 Jan 1997
Hashim to build $2.3b petrochemical complex in E. Java
Hashim to build $2.3b petrochemical complex in E. Java JAKARTA (JP): A joint venture of Indonesian, Thai and Japanese companies signed an agreement yesterday to develop a US$2.3 billion olefin and aromatic plant in Tuban, East Java.
Sat, 25 Jan 1997
Residents seek more compensation
Residents seek more compensation JAKARTA (JP): Residents of Kotabambu Utara, West Jakarta, have asked the City Council for more compensation for their properties which will be demolished for a waterway project.Eight people, representing 225 residents, took their case to the City Council yesterday.
Sat, 25 Jan 1997
Police shoot dead four men
Police shoot dead four men JAKARTA (JP): Police have shot dead four men in the last two days for resisting arrest in East Jakarta, South Jakarta and North Jakarta.East Jakarta Police Chief Lt. Col. Nanan Sukarna said police shot dead Nimin Kosasih, 54, a suspected fencer of stolen vehicles, at dawn...
Sat, 25 Jan 1997
'Nepotism not widespread among city candidates'
'Nepotism not widespread among city candidates' JAKARTA (JP): A Golkar Jakarta chapter executive said yesterday nepotism could not be widespread among candidates for the City Council elections because city people were critical.
Sat, 25 Jan 1997
Jimbaran Group welcomes new partnership body
Jimbaran Group welcomes new partnership body JAKARTA (JP): Sudwikatmono, a Jimbaran Group founder, welcomed yesterday the establishment of the Coordinating Board for the Implementation of National Business Partnership Program.
Sat, 25 Jan 1997
Wages and efficiency
Wages and efficiency On April 1 regional minimum wages for all Indonesian workers will be increased by an average of 10.07 percent. The increase was given a rather cool welcome by the All-Indonesia Workers Union (SPSI), which had hoped for an increase of at least 15 percent.
Sat, 25 Jan 1997
200 contest Enerpac meet
200 contest Enerpac meet JAKARTA (JP): Almost 200 chess players are currently taking part in the Kiani-Kertas Enerpac tournament.The tournament was opened by Cholid Gozali, deputy chairman of the Indonesian Chess Association, Thursday. It is being held at Wisma Catur Sumanti and runs until Feb. 3.
Sat, 25 Jan 1997
More levies imposed on foreign workers
More levies imposed on foreign workers JAKARTA (JP): The government has issued a decree requiring expatriates working in Indonesia to pay US$100 a month during the period of their working contract.The money will finance vocational training programs for local workers, spokesman for the manpower...
Sat, 25 Jan 1997
Transportation problems on increase prior to Idul Fitri
Transportation problems on increase prior to Idul Fitri JAKARTA (JP): Idul Fitri holidays are still two weeks away, but major highways and ports in populous Java and Sumatra are becoming increasingly jammed by homeward bound revelers.
Sat, 25 Jan 1997
Rights body says govt has not ignored report
Rights body says govt has not ignored report JAKARTA (JP): Baharuddin Lopa of the National Commission on Human Rights strove to alleviate yesterday suspicions that the government has ignored the body's report and recommendations on the July 27 riots in Jakarta.
Sat, 25 Jan 1997
Military denies soldiers raped Timorese woman
Military denies soldiers raped Timorese woman DILI (JP): The military denied reports yesterday that soldiers in the Ermera district twice raped a woman detained on charges of helping separatist rebels in November.Col.
Sat, 25 Jan 1997
U.S. suspends joint exercises
U.S. suspends joint exercises MANILA (AFP): The United States has suspended joint military exercises and port calls by its ships in the Philippines since Manila cannot guarantee protection for U.S. personnel, a Filipino senator said yesterday.
Sat, 25 Jan 1997
Alert centers to be permanent: Officials
Alert centers to be permanent: Officials JAKARTA (JP): Two senior officials said yesterday that the aim of the planned riot alert centers was not to solve transient problems but to be permanent establishments.Armed Forces Chief Gen.
Sat, 25 Jan 1997
'Asia car' hits Thailand's showrooms
'Asia car' hits Thailand's showroomsBy Russell Williamson THAILAND will become the first market to begin selling Toyota's "Asia car" when the Soluna goes on sale there next week.The Soluna has been developed by Toyota Motor Corp in Japan under the "affordable family car" project and aims to meet...
Sat, 25 Jan 1997
Cyclists eying first SEAG gold
Cyclists eying first SEAG gold JAKARTA (JP): The Indonesian Cycling Association expects to win the women's 25km Individual Time Trial (ITT), the first gold medal at stake at 19th SEA Games here in October.
Sat, 25 Jan 1997
Special permits needed for extra Idul Fitri buses
Special permits needed for extra Idul Fitri buses JAKARTA (JP): Operators of extra Idul Fitri buses need special permits, a City Land Transportation Control Agency official said yesterday.The agency's traffic and transportation control subdivision head Oriyanto Supardal said this included those...
Sat, 25 Jan 1997
Ramadhan time for Jakarta
Ramadhan time for JakartaSaturdayMaghrib 6:19 p.m.SundayImsak 4:22 a.m.Subuh 4:32 a.m.
Sat, 25 Jan 1997
Lack of data hinders resettlement program
Lack of data hinders resettlement program JAKARTA (JP): A lack of information on city-owned land and a shortage of funds have hampered programs to resettle people living along riverbanks, a housing agency official said Thursday.
Sat, 25 Jan 1997
BAA to manage Ngurah Rai airport
BAA to manage Ngurah Rai airport JAKARTA (JP): British firm BAA Pacific has agreed to manage Bali's Ngurah Rai airport's commercial activities in a joint operation with state airport operator PT Angkasa Pura I.
Sat, 25 Jan 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 24, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,125 0 445,500 Alumindo Light Metal 1,425 0 2,112,500...
Sat, 25 Jan 1997
Mayoralties to collect sanitation revenue
Mayoralties to collect sanitation revenue JAKARTA (JP): Governor Surjadi Soedirdja urged Jakarta's subdistrict heads Thursday to help tackle the city's garbage disposal problem by contributing more to city revenue.
Sat, 25 Jan 1997
Thai's truck exports up
Thai's truck exports up BANGKOK (DPA): Thailand exported 14,023 one-ton pickup trucks in 1996, a 41 per cent increase over 1995 exports, but motorcycle exports were down 22 per cent, industry sources said yesterday.