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Sat, 10 May 1997
Bre-X faces multiple suits following Busang debacle
Bre-X faces multiple suits following Busang debacle MONTREAL (JP): Embattled junior mining Canadian firm Bre-X Minerals Ltd, after being suspended from operating in Indonesia and delisted from the Toronto Stock Exchange, now faces multiple lawsuits following the Busang debacle in East Kalimantan.
Sat, 10 May 1997
KIPP wants campaign victims compensated
KIPP wants campaign victims compensated JAKARTA (JP): The Independent Election Monitoring Committee (KIPP) called yesterday for the establishment of special institutions and funds to support victims of campaign melees.
Sat, 10 May 1997
Bengkulu governor denies alleged poll rigging
Bengkulu governor denies alleged poll rigging JAKARTA (JP): Election organizers in Bengkulu vehemently denied yesterday the United Development Party's (PPP) allegation of attempted poll rigging in the province.
Sat, 10 May 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Mandarin Oriental Jakarta, Jl. MH Thamrin, Central Jakarta: - Chequers: Freakwincey Band from New Jersey (USA), playing 70's music up to modern Hop Hop and Funk, daily (except Sunday), 9 p.m. to 1 a.m. * Holiday Inn Crowne Plaza, Jl. Gatot Subroto Kav.
Sat, 10 May 1997
KL opposition MP appeals conviction
KL opposition MP appeals conviction KUALA LUMPUR (Reuter): A Malaysian opposition lawmaker appealed against his conviction for sedition yesterday and said he would sue if an election was held prematurely for the parliamentary seat he stands to lose.
Sat, 10 May 1997
Prudential on lookout for Asian partner
Prudential on lookout for Asian partner SINGAPORE (DPA): American firm Prudential Securities Inc hopes to team up with an Asian investment bank to target the region's booming corporate finance market, news reports in Singapore said yesterday.
Sat, 10 May 1997
Samarinda has a new mosque
Samarinda has a new mosque SAMARINDA, East Kalimantan: Governor H.M. Ardans has officiated the use of a new mosque jointly built by residents, businessmen and local administration.The Al Khair mosque, standing on a 350 square meter plot on Jl. Dr. Sutomo, cost Rp 184 million.
Sat, 10 May 1997
ABRI reiterates its political neutrality
ABRI reiterates its political neutrality JAKARTA (JP): The Armed Forces (ABRI) maintained yesterday that it would remain neutral in the campaign for the May 29 general election."We're very firm on this," Armed Forces Chief Spokesman Brig. Gen. Slamet Supriadi told reporters at his office.
Sat, 10 May 1997
Coffee futures fall following new highs
Coffee futures fall following new highs LONDON (Reuter): LIFFE robusta coffee futures retraced by midsession yesterday after a wave of fund and industry-led buying in the past few days fizzled out.Traders said scale-up origin selling, notably from Indonesia, also hammered prices.
Sat, 10 May 1997
Newmont stands firmly
Newmont stands firmly Thank God, the tussle over the Indonesian government's request for 10 percent equity in the Batu Hijau gold property on Sumbawa Island, West Nusa Tenggara, ended only after a few days of hotly debated controversy.
Sat, 10 May 1997
14 firms to develop oil palm plantations
14 firms to develop oil palm plantations JAKARTA (JP): The government has given 14 companies since 1982 approval to convert 187,140 hectares of Irian Jaya forests into oil palm estates, an official said yesterday.
Sat, 10 May 1997
Blazer Z-line on the road
Blazer Z-line on the road JAKARTA: Opel has added a sporty version to its Blazer sport utility lineup. The Z-line's on-road price is Rp 74.2 million.Mechanically, the new Z-line is the same as its sibling vehicles but gets front and rear spoilers and side skirts to give it a sporty appearance.
Sat, 10 May 1997
Roadsweepers bear brunt of campaign
Roadsweepers bear brunt of campaign SEMARANG: Local street sweepers, mostly elderly women, are finding their yellow uniforms dangerous, especially when the green-clad supporters of the United Development Party (PPP) rally in the streets.
Sat, 10 May 1997
Biased coverage
Biased coverageFrom RepublikaThe media, including television, has devoted extensive reports to the general election campaigns of the three contestants since they began on April 27. State-owned television station TVRI is expected to present balanced and fair coverage of the campaign activities of...
Sat, 10 May 1997
Keeping away extra color
Keeping away extra color PEKANBARU, Riau: Election campaign days are proving to be a windfall for sunblock sellers.Traders flock to campaign grounds, not to listen politicians' election promises but to meet the soaring rally participants' demand for sunblock.
Sat, 10 May 1997
SEA Games donations are not compulsory
SEA Games donations are not compulsory JAKARTA (JP): A city councilor has advised the public that it is acceptable to refuse to pay any additional fees on their utility bills.Utility companies have been charging their customers extra to help finance the upcoming 19th SEA Games in Jakarta.
Sat, 10 May 1997
Accor realigns Asian units
Accor realigns Asian units SYDNEY, Australia (AP): Hotel group Accor Asia Pacific on Monday will announce it is restructuring its Asian operations as part of a possible review of assets and investments."We think it's time to rationalize and centralize and regroup," Chairman David Baffsky said.
Sat, 10 May 1997
FIM to inspect Jatinangor circuit
FIM to inspect Jatinangor circuit JAKARTA (JP): The International Motor Federation's (FIM) top official will inspect West Java's Jatinangor circuit which will host the World 250cc Motor Cross Championships' 12th leg in August.The Indonesian Motor Federation's (IMI) chairman, Bob R. E.
Sat, 10 May 1997
Volvo offers executive appeal with its newest model
Volvo offers executive appeal with its newest modelBy Russell Williamson VOLVO's new S90 Executive -- launched last week in Jakarta -- is set to attract the attention of business executives in a way that the outgoing 960 could never quite manage.
Sat, 10 May 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 9, 1997: --------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 975 -50 30,000 AHAP Insurance 2,675 0 0 Alter...
Sat, 10 May 1997
PDI warns of rising public distrust of law enforcement
PDI warns of rising public distrust of law enforcement JAKARTA (JP): The Indonesian Democratic Party (PDI) warned yesterday that the public was losing its faith in the legal system because of poor law enforcement.Buttu R.
Sat, 10 May 1997
Bank Nasional to merge with Perniagaan
Bank Nasional to merge with Perniagaan JAKARTA (JP): Bank Nasional, a banking unit under the Bakrie group, will merge with Bank Perniagaan, a 100 percent owned subsidiary of the former PT Elang Realty, by the end of this year.
Sat, 10 May 1997
Fugitives shot after chase
Fugitives shot after chase UJUNGPANDANG: Local police have shot dead two of three men who have been on the run for a month for stealing Rp 10.3 from a bank client.Police sources said yesterday the two fugitives identified only as Ac, 20, and Dod, 21, were shot in the legs for trying to escape in an...
Sat, 10 May 1997
Get your kicks on Java's northen coast 'Route 66'
Get your kicks on Java's northen coast 'Route 66'By John Aglionby THE longest rollercoaster ride at Fantasy World in North Jakarta lasts barely a minute. The thrills are many and, thankfully, the spills are very few.
Sat, 10 May 1997
Soldier arrested over fatal beating
Soldier arrested over fatal beating JAKARTA (JP): A soldier is being investigated following an attack on a man in Kebayoran Lama, South Jakarta, on Sunday.City Police spokesman Lt. Col. E. Aritonang said yesterday no further details of the investigation were available.
Sat, 10 May 1997
APEC meeting opens with different views
APEC meeting opens with different viewsBy Riyadi MONTREAL (JP): Eighteen Asia Pacific Economic Cooperation (APEC) trade ministers opened their two-day annual meeting here Thursday with developed and developing economies differing on what were priorities.
Sat, 10 May 1997
Soerjadi told to quit election campaigning
Soerjadi told to quit election campaigning JAKARTA (JP): Legislators loyal to the Indonesian Democratic Party's (PDI) deposed leader, Megawati Soekarnoputri, called on her rival, government-backed faction yesterday to stop campaigning because it did not represent the party.
Sat, 10 May 1997
Poll booths for railway travelers
Poll booths for railway travelers BANDUNG: People traveling on May 29, election day, need not worry about finding a polling station so long as they travel by train.State railway company Perumka will set up poll booths in major stations on Java so that "traveling citizens can still channel their...
Sat, 10 May 1997
TV Today: Saturday, May 10, l997
TV Today: Saturday, May 10, l997TVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Animated Classic 3:10 Culture Program: Lingkar Budaya 3:35 Travel: Wisata Nasional 4:15 Regional News 4:30 Sports 5:30 TV Series: A Writer Exchange 5:55 Music 6:00 News: Lintasan...
Sat, 10 May 1997
Medan shaman ready for death penalty
Medan shaman ready for death penalty MEDAN (JP): The notorious shaman who claimed to have killed 42 women told reporters yesterday he was ready for the death penalty.Achmad Suradji, known as Datuk, showed no remorse when the head of Medan Police information office Lt. Col.
Sat, 10 May 1997
Raw materials enough for furniture industry
Raw materials enough for furniture industry JAKARTA (JP): The furniture industry will have adequate raw materials this year in spite of the government's policy of limiting tree cutting in natural forests, an executive said here yesterday.
Sat, 10 May 1997
Rights body office still a self-made refugee camp
Rights body office still a self-made refugee camp JAKARTA (JP): More than 70 Depok residents sheltering at the National Commission on Human Rights office grounds had still not moved from the premises yesterday."It's been 16 days now," a commission staffer said.
Sat, 10 May 1997
Sinar Mas makes offer for Amcol
Sinar Mas makes offer for Amcol SINGAPORE (Reuter): OCBC Bank Ltd said yesterday that Asia Food & Properties Ltd (AFP), a unit of the Indonesian Sinar Mas Group, had made a conditional takeover offer for all ordinary shares in troubled property and finance firm Amcol Holdings Ltd.
Sat, 10 May 1997
Foreigners boost trade activity
Foreigners boost trade activity JAKARTA (JP): The Jakarta stock market rose for the fourth consecutive day yesterday as foreign buyers continued to enter the market.Securities dealers said foreign investors made significant purchases of selected stocks.
Sat, 10 May 1997
Soothsayers in our society
Soothsayers in our society If the general election campaign was not in full swing, this week could probably be called the "week of soothsayers". Our newspapers are filled with reports about a homicidal soothsayer in Deli Serdang, North Sumatra, whose victims are now said to have reached the...
Sat, 10 May 1997
BDN Sunter razed by fire
BDN Sunter razed by fire JAKARTA (JP): A fire destroyed a two-story office of state- owned Bank Dagang Negara's Sunter branch in North Jakarta yesterday.The fire, which started at about 2 p.m., razed the office on Jl. Agung Utara, causing heavy traffic jams in the shopping and industrial area.
Sat, 10 May 1997
U.S. rate hike casts shadow on regional markets
U.S. rate hike casts shadow on regional markets SINGAPORE (AFP): Further U.S. interest-rate increases could speed up the outflow of foreign capital from Southeast Asia amid a loss of confidence in regional economies and fears of a banking crisis, an investment house warned.
Sat, 10 May 1997
'Where's your ID?'
'Where's your ID?' BANYUMAS, Central Java: A local Election Supervision Committee official, enraged by a campaigner's speech about corruption among bureaucrats, jumped onto the stage at a rally Thursday and interrogated the campaigner.
Sat, 10 May 1997
Optus, Satelindo sign deal
Optus, Satelindo sign deal SYDNEY, Australia (AP): Optus Communications is linking with Indonesia's first private telecommunications company, PT Satelit Palapa Indonesia (Satelindo), with Optus providing training in customer service expertise.Optus said it would sign the US$1.
Sat, 10 May 1997
Amtek ups Unitech stake
Amtek ups Unitech stake SINGAPORE (Reuter): Amtek Engineering Ltd said yesterday it had injected Singapore $5.72 million into Unitech Holdings Pte Ltd, raising its stake in the holding company to 50 percent.
Sat, 10 May 1997
Nissan the preferred taxi
Nissan the preferred taxi JAKARTA: PT Ismac Nissan Manufacturing has begun assembling Nissan Cedric sedans.The firm has received an order for 500 Cedrics from a taxi company and will build about 40 cars per month. This is the first time Nissan has produced the Cedric in Southeast Asia.
Sat, 10 May 1997
Ford invests in China
Ford invests in China SHANGHAI: Ford is exploring ways to enter the restricted Chinese passenger-car market.The company plans to launch a line of light commercial vehicles in China later this year and signed last month an agreement to produce midsized sedans in a US$1.
Sat, 10 May 1997
Rights abuse rife during campaign
Rights abuse rife during campaign SEMARANG (JP): The National Commission on Human Rights voiced its concern yesterday over the rife violation of basic rights during the first 13 days of the election campaign.Commission member Bambang W.
Sat, 10 May 1997
Indonesia, RCMP to investigate Busang gold case
Indonesia, RCMP to investigate Busang gold case JAKARTA (JP): The national police has formed a team of investigators in cooperation with Canadian police for a preliminary probe into the Busang scandal, the national police spokesman said yesterday.Brig. Gen.
Sat, 10 May 1997
Land compensation case takes new turn
Land compensation case takes new turn JAKARTA (JP): A small trader evicted from his land in 1989 has asked the Supreme Court whether he is the rightful owner of the bank interest accumulated from land compensation which he refused to accept almost 10 years ago.
Sat, 10 May 1997
Merpati expected to break even after big losses
Merpati expected to break even after big losses JAKARTA (JP): The money-losing Merpati Nusantara Airlines is expected to break even this year after splitting from its parent company the national flag carrier Garuda Indonesia and getting three former Garuda executives as new directors, a minister...
Sat, 10 May 1997
U.S. pharmaceutical giant opens first Asian plant
U.S. pharmaceutical giant opens first Asian plant SINGAPORE (AFP): U.S. pharmaceutical giant Schering-Plough launched its first Asian primary manufacturing facility here yesterday amid optimism that its regional turnover will expand up to 30 percent by 2000.
Sat, 10 May 1997
This election is no better than previous ones: CSIS
This election is no better than previous ones: CSIS JAKARTA (JP): This year's general election will be no better than previous ones, according to a recent report by the Centre for Strategic and International Studies (CSIS).
Sat, 10 May 1997
'Losmen' cast make 'Reunion'
'Losmen' cast make 'Reunion' JAKARTA (JP): Actors and actresses who won fame for their TV serial Losmen in the 1980s are pooling their talents again to produce a new serial on the life of a revolutionary hero.
Sat, 10 May 1997
Players miss PSSI ceremony
Players miss PSSI ceremony JAKARTA (JP): The Indonesian Football Association (PSSI) is disappointed over the absence of players during the ceremony of transfer of the national team's coach from Danurwindo to Henk Wullems.