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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.

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.

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.

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.

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.

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...

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.

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.

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...

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.

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...

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.

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...

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.

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.

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.

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...

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.

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.

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...

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.

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...

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...

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.

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.

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...

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.

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...

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...

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.

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.

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.

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...

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.

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.

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.

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...

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.

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.

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.

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.

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...

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.

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.

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.

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.

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.

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.

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.

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.