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Wed, 24 Sep 1997
List of postponed and reviewed projects
List of postponed and reviewed projectsList of state owned enterprises' projects (SOE's) and government or SOE's related private projects to be reviewed (project Name; Agency): Geothermal Power Plant Bedugul (unit 1,2); Bali Energy Ltd.Renovation of BNI Office Building Jl.
Wed, 24 Sep 1997
Unocal to press ahead with RI plant
Unocal to press ahead with RI plant SINGAPORE (Reuter): Unocal Corp. said yesterday it would press ahead with pre-development work on its 1,000 megawatt (MW) Sarulla power project in Indonesia, which the government said would be delayed."We plan to move along with it.
Wed, 24 Sep 1997
Spotlight
SpotlightPhoto A: ToastThe RegentMEXICAN MARK: Mexican Ambassador Sergio Ley-Lopez (left) and the ousted chairperson of the Indonesian Democratic Party, Megawati Soekarnoputri (right), toast the commemoration of Mexico's 187th national day.
Wed, 24 Sep 1997
East Kalimantan Methanol to operate later this year
East Kalimantan Methanol to operate later this yearBy Johannes Simbolon BONTANG, East Kalimantan (JP): The operation of Kaltim Methanol Industry's methanol manufacturing plant in Bontang, East Kalimantan later this year will cause an oversupply of methanol on the local market.
Wed, 24 Sep 1997
Aberson appeals defamation verdict
Aberson appeals defamation verdict JAKARTA (JP): Legislator Aberson Marle Sihaloho, who was convicted by a court in July for defaming President Soeharto, has formally lodged an appeal with the Jakarta High Court.
Wed, 24 Sep 1997
Dozens injured in university brawl
Dozens injured in university brawl UJUNGPANDANG, South Sulawesi: At least 47 students had to be taken to a hospital after a brawl broke out between students at Hasanuddin University late Monday night.Witnesses said the fight took place mainly between students from the Technical and Sociopolitical...
Wed, 24 Sep 1997
Aprisindo opposes Nike's labor charge
Aprisindo opposes Nike's labor charge JAKARTA (JP): Indonesian Footwear Manufacturers' Association (Aprisindo) contested yesterday U.S. shoe giant Nike Inc's reason behind the termination of contracts with its four Indonesian partners.Association chairman, Anton. J.
Wed, 24 Sep 1997
Sukamdi leads Indonesia Open by two strokes
Sukamdi leads Indonesia Open by two strokes JAKARTA (JP): Indonesia's leading amateur golfer Sukamdi took an early lead yesterday in the Indonesian Amateur Open by one shot after the first round at Pondok Indah Golf & Country Club, by carding a 2-under par-70.
Wed, 24 Sep 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music 6:00 News: Lintasan Berita 6:05...
Wed, 24 Sep 1997
CMNP to buy 25% stake in Marga Nurindo Bhakti
CMNP to buy 25% stake in Marga Nurindo Bhakti JAKARTA (JP): Publicly listed toll road operator PT Citra Marga Nusaphala Persada (CMNP) plans to take over PT Bhaskara Dunia Jaya's stake in PT Marga Nurindo Bhakti, another toll operator.
Wed, 24 Sep 1997
Train kills two at crossing
Train kills two at crossing JAKARTA (JP): Two university students riding a motorcycle were crushed to death by a train at a level crossing in Palmerah subdistrict, Central Jakarta, yesterday evening.The man, who eyewitnesses said, was driving the bike recklessly, died on the spot after his body was...
Wed, 24 Sep 1997
AMRO wins more clients
AMRO wins more clients AMSTERDAM (Reuter): Dutch bank ABN AMRO NV said yesterday the recent currency turbulence in Asia had won it many new customers in Southeast Asia as local investors opted for the security of a big-name international bank.
Wed, 24 Sep 1997
Govt announces details of project cutback program
Govt announces details of project cutback program JAKARTA (JP): The government announced yesterday details of 156 government and state-related projects worth Rp 111.18 trillion (about US$38 billion) which it will either postpone or review as part of the retrenchment measure to cope with the...
Wed, 24 Sep 1997
Foreign investment cure for doldrums
Foreign investment cure for doldrums After the floating of the Indonesian rupiah last month, it depreciated by more than 15 percent. Now it is time for the government to attract foreign investment, especially in the real estate and property business.
Wed, 24 Sep 1997
SGS wins Vietnam license
SGS wins Vietnam license HANOI (AFP): Swiss international inspection giant Societe General de Surveillance S.A. (SGS) has received a license to begin operations in Vietnam a company official said yesterday.
Wed, 24 Sep 1997
SE Asia welcomes U.S. stance on new fund
SE Asia welcomes U.S. stance on new fund HONG KONG (AFP): Southeast Asian nations yesterday welcomed U.S. willingness to set aside earlier reservations and engage in a dialog on a proposed regional fund to deal with financial emergencies.
Wed, 24 Sep 1997
Rp 2.2b project for Irian
Rp 2.2b project for Irian FAKFAK, Irian Jaya: A Rp 2.2 billion (US$745,000) coastal reclamation project to expand the Irian Jaya town of Fakfak will start this month, Antara reported yesterday.Head of the public works agency here, Sujarwo, said the project, scheduled to finish next March, would...
Wed, 24 Sep 1997
Students stow away on flight from Medan
Students stow away on flight from Medan JAKARTA (JP): Two high school students were found unconscious at Soekarno-Hatta International Airport yesterday after stowing away aboard a Garuda Indonesia aircraft from Medan, North Sumatra, police said.
Wed, 24 Sep 1997
Rupiah and stock market prices gain ground
Rupiah and stock market prices gain ground JAKARTA (JP): The rupiah and stock prices gained ground yesterday in line with similar gains in some regional markets, dealers and brokers said yesterday.Currency dealers said the rupiah, which fell through the level of 3,000 against the U.S.
Wed, 24 Sep 1997
Untimely talks on VP candidacy is unethical, Habibie says
Untimely talks on VP candidacy is unethical, Habibie says JAKARTA (JP): State Minister of Research and Technology B.J. Habibie skirted the question of his possible candidacy as vice president, saying yesterday it was unethical to talk about the top two state posts before the general meeting of the...
Wed, 24 Sep 1997
Indonesia gets backing as G-77 chair
Indonesia gets backing as G-77 chair JAKARTA (JP): Indonesia looks set to become the next chair of the 132 member G-77 as the only other candidate, Iran, may step aside to support Indonesia's nomination.
Tue, 23 Sep 1997
RI wary of Malaysian, Thai shuttlers at Games
RI wary of Malaysian, Thai shuttlers at Games JAKARTA (JP): National badminton coaches are on the alert for Malaysia and Thailand in the 19th SEA Games here next month.Men's singles coach Indra Gunawan, speaking yesterday at the Badminton Training Center in Cipayung, East Jakarta, warned that...
Tue, 23 Sep 1997
Villagers hold prayer for rain
Villagers hold prayer for rain YOGYAKARTA: Faced with a prolonged dry season, residents in the Gunung Kidul area of Tepus, some 60 km east of Yogyakarta, held a prayer yesterday asking for rain.About 700 people attended the prayer meeting, which was led by the chairman of the local Indonesian...
Tue, 23 Sep 1997
Pertamina awards contracts to nine private companies
Pertamina awards contracts to nine private companies JAKARTA (JP): State-owned oil company Pertamina signed yesterday seven production-sharing contracts for oil and gas exploration and production, and two technical assistance contracts with private foreign and local companies.
Tue, 23 Sep 1997
Gen. Dibyo slams 'extortionist' slur agains officers
Gen. Dibyo slams 'extortionist' slur agains officers JAKARTA (JP): National Police Chief Gen. Dibyo Widodo criticized yesterday the public's poor support of the force and constant slating of his officers as extortionists.
Tue, 23 Sep 1997
ICI's Indian deal blocked
ICI's Indian deal blocked BOMBAY (AFP): India's largest paint company said here yesterday it was determined to stop Britain's ICI buying "even a single share" in the firm."Under no circumstances will we allow ICI (Imperial Chemical Industries) to have even a single share of our company," Asian...
Tue, 23 Sep 1997
Wynne, Mimma win in Wismilak qualifiers
Wynne, Mimma win in Wismilak qualifiers SURABAYA (JP): Young Indonesians Wynne Prakusya and Mimma Chernovita of Indonesia qualified yesterday for the 1997 Wismilak International women's tennis tournament at the Embong Sawo tennis complex here.
Tue, 23 Sep 1997
KLA Project at Planet Hollywood
KLA Project at Planet Hollywood JAKARTA (JP): KLA Project, a band which has won three local BASF music awards, will stage an acoustic performance at Planet Hollywood here Wednesday.At its first acoustic performance, KLA Project's lineup will feature rearranged songs that are played without the...
Tue, 23 Sep 1997
Haze thickens as Malaysia seeks international help
Haze thickens as Malaysia seeks international help KUALA LUMPUR (Agencies): Malaysia's haze crisis worsened yesterday as the country sought help from France and Japan to tackle the choking pollution.Prime Minister Mahathir Mohamad said Malaysia would send firefighters to Indonesia to help put out...
Tue, 23 Sep 1997
Rachmad Buchori released from jail
Rachmad Buchori released from jail JAKARTA (JP): Rachmad Buchori, currently on trial for defaming President Soeharto, was released from Cipinang Prison yesterday because his detention period had expired.
Tue, 23 Sep 1997
Bank Indonesia cuts interest rates again
Bank Indonesia cuts interest rates again HONG KONG (JP): Bank Indonesia for the fourth time lowered yesterday its benchmark interest rates for one to three-month papers by one to two percentage points to a range of 17 percent and 21 percent from 18 percent to 23 percent.
Tue, 23 Sep 1997
Rossi has checkup after crash
Rossi has checkup after crash PESARO, Italy (Reuter): New 125cc world champion Valentino Rossi, slightly hurt in a car crash on the weekend, faced medical checks yesterday to see whether he was fit to race in the Indonesian Grand Prix on Sunday.
Tue, 23 Sep 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 22, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,025 25 88,500 AHAP Insurance 2,500 0 0 Alter Abadi 825 25 25,500 Alumindo Light Metal 775 -25 171,500...
Tue, 23 Sep 1997
Revised forecasts of top publicly listed banks
Revised forecasts of top publicly listed banks Net profit Bali Danamon BDNI BII Lippo BNI Niaga Panin Tiara (previous) ------------------------------------------------------------------------- 1996 126.1 201.7 190.4 260.0 116.5 335.0 98.0 80.2 41.3 1997 (f) 150.4 277.0 323.9 407.0 188.9 473.0 135.
Tue, 23 Sep 1997
Aceh, Malaysia police hold joint exercise
Aceh, Malaysia police hold joint exercise BANDA ACEH, Aceh: Aceh Police began a four-day joint exercise yesterday with the Malaysian police force to mainly upgrade operations in fighting maritime crimes along with search and rescue.
Tue, 23 Sep 1997
Shangri-La plans more hotels here
Shangri-La plans more hotels here JAKARTA (JP): Shangri-La Hotels and Resorts, a Hong Kong-based hotel operator with a portfolio of 34 hotels, plans to operate 50 hotels by the year 2000.Among the additional hotels will be the Traders Hotel, on Jl.
Tue, 23 Sep 1997
Indosiar to air 'Kupu Kupu Kertas'
Indosiar to air 'Kupu Kupu Kertas' JAKARTA (JP): Production house PT Multivision Plus will add another television series to its 800 hours of prime-time viewing slots on television.The company's president, Raam Punjabi, said that the love and drama-packed Kupu Kupu Kertas (Paper Butterflies) series...
Tue, 23 Sep 1997
SE Asian timber trade continues to thrive
SE Asian timber trade continues to thrive KUALA LUMPUR (Reuter): Southeast Asia's timber industry will remain healthy despite the pall of smog cast over much of the region from forest fires raging in Indonesia, officials say.
Tue, 23 Sep 1997
Asian gas oil prices rise on RI buying
Asian gas oil prices rise on RI buying SINGAPORE (Reuter): Gas oil prices edged higher yesterday supported by indications of further Indonesian buying, while a flurry of jet offers were made in the face of no buyers.A European major sold 150,000 barrels of Oct.
Tue, 23 Sep 1997
Eleven dead in guerrilla attack
Eleven dead in guerrilla attack DILI, East Timor: In two separate incidents, guerrillas attacked and killed five soldiers and six civilians last week.East Timor Military Commander Salamat Sidabutar confirmed yesterday that two attacks occurred on Thursday.
Tue, 23 Sep 1997
Farmers seek Council's help in land dispute
Farmers seek Council's help in land dispute JAKARTA (JP): A group of farmers sought the City Council's help yesterday over their land dispute with a private developer belonging to the giant Ciputra Group.
Tue, 23 Sep 1997
Myanmar's Ne Win arrives here today
Myanmar's Ne Win arrives here today JAKARTA (JP): Myanmar's former leader Ne Win arrives here this afternoon as President Soeharto's private guest.In this three-day visit, the retired general will be accompanied by his physician daughter Dan Khin Win, his son-in- law U Aye Zaw Win and his...
Tue, 23 Sep 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Sept. 30.
Tue, 23 Sep 1997
Traditional rites a burden: Regent
Traditional rites a burden: Regent DILI, East Timor: Ermera Regent Constantino Soares claims that much of the poverty in his regency stems from the community's lavish traditional ceremonies rather than a lack of resources.
Tue, 23 Sep 1997
Time to probe forest burning
Time to probe forest burningFrom NeracaOf the 115 hot spots detected by satellite imaging, estate companies and timber plantations were responsible for starting nearly all of these fires. Only a small portion were attributed to those people preparing land for transmigration.
Tue, 23 Sep 1997
NYMEX aims for Asian crude futures
NYMEX aims for Asian crude futures SINGAPORE (Reuter): The New York Mercantile Exchange (NYMEX) plans to launch a crude oil futures contract for Asia by the middle of next year, NYMEX president Patrick Thompson said yesterday.
Tue, 23 Sep 1997
Many public phones out of order
Many public phones out of order PADANG, West Sumatra: Nearly half of all public telephones in the province are out of order.The head of the provincial telephone company, Teguh Widodo, said yesterday that 41.
Tue, 23 Sep 1997
ING Baring predicts lower profits for top banks
ING Baring predicts lower profits for top banks JAKARTA (JP): Bank Indonesia's tight monetary measure to shore up the rupiah is expected to cut the earnings growth of Indonesia's top publicly listed banks.
Tue, 23 Sep 1997
New mayor installed
New mayor installed JAKARTA (JP): Governor Surjadi Soedirdja installed yesterday Col. Andi Subur Abdullah, former district military commander of Purwokerto in Central Java, as the new Central Jakarta mayor, replacing Abdul Kahfi.
Tue, 23 Sep 1997
Govt will not hold dialog on succession: Yogie
Govt will not hold dialog on succession: Yogie JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. dismissed yesterday suggestions to hold a national dialog discussing presidential succession.Yogie said the idea of holding such a dialog was groundless.