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Thu, 15 May 1997
French Cultural Center holds expo
French Cultural Center holds expo JAKARTA (JP): The French Cultural Center is organizing a photo exhibition by Dodo Karundeng, depicting the center's activities in the past three years.There are 30 photos on, among others, a jazz-gamelan show by Andre Jaume and Sapto Raharjo, the performance of the...
Thu, 15 May 1997
Trader charged with fraud
Trader charged with fraud JAKARTA (JP): A prosecutor demanded a four-year sentence for a businessman accused of swindling his partners of Rp 1.9 billion.Prosecutor Abdul Halim Tola told the Central Jakarta District Court yesterday that the defendant, Ignatius Budianto, had first asked three friends...
Thu, 15 May 1997
YLKI overwhelmed by complaints over stickers
YLKI overwhelmed by complaints over stickers JAKARTA (JP): The Indonesian Consumers Organization (YLKI) has received more than 50 complaints in the last two days about the aggressive fund-raising method for the SEA Games.
Thu, 15 May 1997
PPP blames Golkar for rain
PPP blames Golkar for rain BANDUNG: Rain men and shamans specializing in holding back the rain have been in very high demand by political parties to make their election rallies a success.They have also been used in an attempt to cause downpours to foul up their rivals' rallies.
Thu, 15 May 1997
Europe venture for Asia
Europe venture for Asia JAKARTA (JP): Three European firms -- Impregilo of Italy, NCC of Sweden and Strabag of Germany -- have formed a joint venture to develop their business in large-scale infrastructure projects in Southeast Asia.
Thu, 15 May 1997
Street rallies death toll rockets
Street rallies death toll rockets JAKARTA (JP): The government's latest call for peaceful and orderly campaigning fell on deaf ears here yesterday as six people died in traffic accidents while United Development Party (PPP) supporters' convoys ruled the streets.
Thu, 15 May 1997
New fees on foreign employers criticized
New fees on foreign employers criticized JAKARTA (JP): A new fee on overseas employers hiring Indonesian workers would only harm workers instead of protecting them, activists said yesterday.Salma Safitri of the Jakarta-based Solidaritas Perempuan (Women's Solidarity for Human Rights Association)...
Thu, 15 May 1997
TV today
TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Performances: Pelangi Budaya 5:00 Arabic Lessons 5:30 Children's Program: Bermain Music 6:00 News:...
Thu, 15 May 1997
National car
National carFrom Media IndonesiaPerhaps I am only one of the many people who has yet to be proud of the controversial national car. I do not want to undervalue the work of my countrymen, or be accused of sour grapes because I am incapable of purchasing one, but I doubt the exact definition of the...
Thu, 15 May 1997
Campaigns should be more educational
Campaigns should be more educational This year's election campaign is basked in new restrictions and new techniques, such as "dialog campaigns". J. Soedjati Djiwandono from the Center for Strategic and International Studies muses over the essence of the general election.
Thu, 15 May 1997
RI-Australia forum booked
RI-Australia forum booked JAKARTA (JP): Over 20 speakers, 15 sponsors and 20 exhibitors have confirmed their participation in the 24th Indonesia- Australia business conference and exhibition in Bali next month, the organizing committee said here yesterday.
Thu, 15 May 1997
Ad appeals for calm in campaign
Ad appeals for calm in campaign SURABAYA (JP): The Brawijaya regional military commander, Maj. Gen. Imam Utomo, has made a public appeal for security, stability and unity through a newspaper advertisement.
Thu, 15 May 1997
Bank CIC to raise Rp 70b from public
Bank CIC to raise Rp 70b from public JAKARTA (JP): Bank Century Intervest Corporation (CIC), expects to raise up to Rp 70 billion (US$28.79 million) from its initial public offering (IPO) early next month.
Thu, 15 May 1997
Games stickers reach restaurants
Games stickers reach restaurants JAKARTA (JP): Don't be surprised if a restaurant charges you Rp 5,000 for a SEA Games donation when you just finish your meal.A staffer of Nelayan restaurant, Central Jakarta, Yarti, said yesterday that SEA Games stickers were being sold to diners based on...
Thu, 15 May 1997
US$2.9b in loans pledged for small, medium firms
US$2.9b in loans pledged for small, medium firms JAKARTA (JP): Big businesses within the Jimbaran group will set aside about Rp 7 trillion (US$2.92 billion) in working capital loans and technical assistance this year to support small and medium enterprises (SMEs).
Thu, 15 May 1997
Vehicle sales boost insurer's revenue
Vehicle sales boost insurer's revenue JAKARTA (JP): More vehicle sales in Indonesia are likely to boost PT Asuransi Astra Buana's premiums revenue this year, an executive said here yesterday.The company's president, Willy Suwandi Dharma, said the firm expected to generate about Rp 100 billion...
Thu, 15 May 1997
S'pore helps save Thailand's baht
S'pore helps save Thailand's baht BANGKOK (AFP): The central Bank of Thailand said yesterday that it had jointly intervened with the Monetary Authority of Singapore to save the baht from speculative attack.
Thu, 15 May 1997
BMW's sales rise
BMW's sales rise JAKARTA (JP): BMW car sales in Indonesia rose 85.5 percent to 1,074 units during the first three months of this year from 579 in the same period last year.BMW's sole agent said the Indonesian market recorded the strongest growth compared to markets in Hong Kong, Malaysia,...
Thu, 15 May 1997
United Airlines agent
United Airlines agent JAKARTA (JP): United Airlines of the United States has appointed PT Cahaya Molek Angkasa Cemerlang as the carrier's general sales agent in Indonesia replacing PT Samudera Indonesia Dirgantara.
Thu, 15 May 1997
Indosat posts higher first quarter profit
Indosat posts higher first quarter profit JAKARTA (JP): State-owned international telecommunications operator PT Indosat reported here yesterday a consolidated net profit of Rp 132.4 billion (about US$55 million) in the first three months of this year, a 15.
Thu, 15 May 1997
EU to seek WTO panel on Timor car policy
EU to seek WTO panel on Timor car policy GENEVA (Agencies): The European Union will next week ask fellow members of the World Trade Organization (WTO) to agree to set up a panel to look into Indonesia's controversial national car policy, trade diplomats have confirmed.
Thu, 15 May 1997
Thai PM to forge ties with Myanmar
Thai PM to forge ties with Myanmar BANGKOK (Reuter): Thai prime minister Chavalit Yongchaiyudh's visit to Myanmar later this week will focus on bilateral issues aimed at strengthening relations between the neighboring countries, government officials said yesterday.
Thu, 15 May 1997
Police still working on Busang case
Police still working on Busang case JAKARTA (JP): National Police Chief Lt. Gen. Dibyo Widodo said yesterday a preliminary investigation team on the Busang hoax case was still collecting information from all possible sources.
Thu, 15 May 1997
Summarecon denies conflicting reports
Summarecon denies conflicting reports JAKARTA (JP): Publicly listed PT Summarecon Agung has denied it published conflicting financial reports on its performance.A legal representative of Summarecon, Denny Kailimang, said yesterday that financial statements audited by Johan and Malonda and by KPMG...
Thu, 15 May 1997
Kim's son to be summoned again
Kim's son to be summoned again SEOUL (Reuter): South Korean state prosecutors will again summon President Kim Young-Sam's son for questioning in connection with a probe into a scandal involving the younger Kim, a prosecution official said yesterday.
Thu, 15 May 1997
HK spies relocate to Taipei, Macao, Seoul and Jakarta
HK spies relocate to Taipei, Macao, Seoul and JakartaBy Edward Neilan TOKYO (JP): Spies are said to be leaving Hong Kong in droves ahead of the July 1 handover of the British Colony to Chinese rule.They are relocating to Taipei, Macao (which reverts to Chinese rule from Portuguese control in 1999),...
Thu, 15 May 1997
Election campaign
Election campaign All Indonesian people have been feeling the atmosphere and seeing the campaigning activities going on for some time now. It is amazing how big the turnout is for the campaign. One day, Jakarta turned green, the next day it was yellow and then was followed by a shy red.
Thu, 15 May 1997
Bambang's Osprey eyes Asian gas markets
Bambang's Osprey eyes Asian gas markets SINGAPORE (Reuter): Osprey Maritime Ltd, which is controlled by President Soeharto's son Bambang Trihatmodjo and his Indonesian associates, is targetting the emerging Asian gas markets."We see enormous growth in Asia for energy.
Thu, 15 May 1997
Bank Niaga's problem loans
Bank Niaga's problem loans Thank you for publishing an article on Bank Niaga (May 9, 1997), however I would like to provide the following correction.On page 12 (article Bank Niaga wary of property sector), column 9, paragraph 2, it was stated that "Bank Niaga's head of corporate affairs,...
Thu, 15 May 1997
Film Center ready for Jakarta anniversary
Film Center ready for Jakarta anniversary JAKARTA (JP): Renovation of the 21-year-old Usmar Ismail Film Center in Kuningan, South Jakarta, will be completed for the capital's jubilee on June 22.The head of the center's foundation, Syaukat, said yesterday the new five-story office would also include...
Thu, 15 May 1997
Violence highlights the campaign
Violence highlights the campaignBy Arief Budiman SALATIGA (JP): The election campaign has been going on for more than two weeks now. What we see in this campaign is very interesting. Both government (Golkar) and nongovernment parties (especially PPP) have been hostile toward each other.
Thu, 15 May 1997
Harmoko denies Golkar plotting 'Operation Dawn'
Harmoko denies Golkar plotting 'Operation Dawn' JAKARTA (JP): Golkar chief Harmoko denied yesterday that his party had concocted "operation dawn" to win votes by distributing food on election day."There's no such thing," he said yesterday.
Thu, 15 May 1997
Mudrick: Megawati-PPP alliance broker
Mudrick: Megawati-PPP alliance brokerBy Tedi Novan YOGYAKARTA (JP): The chairman of the United Development Party (PPP) Surakarta branch, Mudrick Setiawan Malkan Sangidoe, shot to nationwide fame recently by brokering the party's alliance with members of the split Indonesian Democratic Party (PDI).
Thu, 15 May 1997
Campaign schedule for Indonesia for May 15, 1997:
Campaign schedule for Indonesia for May 15, 1997: Party Campaign area Important campaigners -------------------------------------------------------------- PPP Sumatra, Bali, West and Ismail H. Metareum, Hamzah Haz, Ali East Nusa Tenggara, Hardi Kiaidemak, Yudo Paripurno, East Timor Djufrie...
Thu, 15 May 1997
Regional insurance for Asian ships
Regional insurance for Asian ships SINGAPORE (AFP): Asian shipowners are gearing up to launch a regional insurance market to underwrite their expanding fleets, save costs and challenge the dominance of Western insurers, officials said Wednesday.
Thu, 15 May 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 14, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,200 75 351,000 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 305,500 Alumindo Light Metal 1,125 0 719,000...
Thu, 15 May 1997
Telkomsel-Motorola deal
Telkomsel-Motorola deal JAKARTA (JP): PT Telkomsel has signed a contract worth US$27 million with the American giant Motorola to expand the nationwide cellular operator's mobile telephone network.The project is aimed at increasing the Global System for Mobile (GSM) network capacity in Jakarta,...
Thu, 15 May 1997
EU move on Timor car
EU move on Timor car It is now simply a matter of time before the United States, which has always claimed to be the vanguard of free trade, joins the move led by Japan and the European Union in asking the World Trade Organization panel to judge Indonesia's controversial national car policy.
Thu, 15 May 1997
PPP needs own TV station
PPP needs own TV station MEDAN: The United Development Party (PPP) says its sick of state television station TVRI favoring Golkar in its campaign coverage.PPP functionaries have complained that every evening TVRI gives Golkar more air time and dramatic footage than it does to the PPP or the...
Thu, 15 May 1997
Computer mistake takes away RI's gold
Computer mistake takes away RI's goldBy Primastuti Handayani DARWIN, Australia (JP): Indonesian gymnasts had to swallow a bitter pill at Arafura Games yesterday as they lost their team gold medal due to judge's miscalculation.The judges announced that Indonesia won gold with 92.
Thu, 15 May 1997
Psychics practicing in malls
Psychics practicing in mallsFrom PelitaIn recent weeks psychics have been practicing their art at several malls in Jakarta. Their activities drew widespread attention by the media.The mall managers said that the psychics were actually a sales gimmick to draw shoppers, who were interested in knowing...
Thu, 15 May 1997
Soeharto stresses equal rights for all
Soeharto stresses equal rights for all JAKARTA (JP): President Soeharto has appealed to Indonesia's minority ethnic groups to strengthen nationalism and work together with the rest of the nation to face the challenges of the 21st century.
Thu, 15 May 1997
Bapepam punishes investors, brokerages over share scam
Bapepam punishes investors, brokerages over share scam JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) finally handed down yesterday penalties to investors, brokerage houses and the Jakarta Stock Exchange (JSX) management over the cornering of Bank Pikko shares early last month.
Thu, 15 May 1997
Deforestation in Indonesia
Deforestation in Indonesia Some time ago, I read in the papers that Surya Hutani Jaya of Indonesia and Siam Cement company of Thailand would jointly construct a pulp plant in Kutai, East Kalimantan with an investment of US$700 million.
Wed, 14 May 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 13, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,125 150 328,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 50,000 Alumindo Light Metal 1,125 50 949,000...
Wed, 14 May 1997
PDI factions lock horns in Yogyakarta
PDI factions lock horns in Yogyakarta YOGYAKARTA (JP): Tension between the Indonesian Democratic Party's (PDI) two factions here rose to a new high yesterday when a brawl pitting the conflicting supporters marred the party's campaigning in the city.
Wed, 14 May 1997
Osprey buys out London shipping firm
Osprey buys out London shipping firm SINGAPORE (AFP): Singapore's listed tanker operator Osprey Maritime Ltd. announced yesterday it would buy London-based shipping firm Gotaas-Larsen Shipping Corp. for US$750 million in a bid to cash in on Asia's soaring gas demand.
Wed, 14 May 1997
RI exports Arwana to Japan, China
RI exports Arwana to Japan, China JAKARTA (Antara): Indonesia exported some 9,229 pieces of Arwana fish from January to May this year, up from 2,400 last year."Most of these were exported alive to Japan and China," an official of the Ministry of Forestry, Dwiyatmo Siswomartono, said here Monday.
Wed, 14 May 1997
UK's 3i offers Asia long-term finance
UK's 3i offers Asia long-term finance SINGAPORE (Reuter): British investment company 3i Group Plc launched its Southeast Asian operations yesterday, promising long-term finance to growing firms across the region.
Wed, 14 May 1997
Irian separatists release hostage
Irian separatists release hostage JAKARTA (JP): Riyanto, a public works employee kidnapped by Irian Jaya separatists in 1995, was released unharmed yesterday after persuasive mediation by military officials and local elders.