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Wed, 26 Mar 1997
World coffee prices tumble
World coffee prices tumble LONDON (Reuter): Coffee prices were sent tumbling down on Monday as fund investors clamored to sell and maximize profits from extraordinary gains so far this year.Benchmark robusta coffee futures on the London Commodity Exchange (LCE) dived by 7.
Wed, 26 Mar 1997
Drinking water
Drinking waterFrom MerdekaIs it true that the reserve of drinking water in the Jakarta area is decreasing? If so, the Jakarta administration must take necessary measures to anticipate the possible depletion of clean water.
Wed, 26 Mar 1997
Subur gets Rp 37.2b syndicated loan
Subur gets Rp 37.2b syndicated loan JAKARTA (JP): PT Subur Agrosindo Selaras, a subsidiary of poultry company Subur Group, secured a Rp 37.2 billion (US$15.5 million) syndicated loan yesterday to finance its investment projects.
Wed, 26 Mar 1997
U.S. endorses project to help forests in RI
U.S. endorses project to help forests in RI WASHINGTON (Reuter): In a move to help stem global warming, the U.S. Energy Department Monday endorsed a project to curb damage to forests in Indonesia.Under the privately-financed project, California-based consultant COPEC and Washington-based American...
Wed, 26 Mar 1997
Government to issue SEA Game stamps
Government to issue SEA Game stamps JAKARTA (JP): The government will issue a series of postage stamps to promote the 19th SEA Games to be held here in October, Minister of Tourism, Post and Telecommunications Joop Ave said yesterday.
Wed, 26 Mar 1997
Autopsy performed on Bre-X geologist
Autopsy performed on Bre-X geologist JAKARTA (JP): A team of doctors performed an autopsy yesterday on the body of geologist Michael de Guzman who fell from a helicopter while flying to the Busang gold property he helped discover in East Kalimantan.
Wed, 26 Mar 1997
Asia's insurance market 'must become borderless'
Asia's insurance market 'must become borderless' SINGAPORE (Reuter): Asia's insurance market must become truly borderless if the region is to fulfill its potential as one of the world's most dynamic, a senior industry executive said yesterday.
Tue, 25 Mar 1997
Local banks lack legal knowledge: BCA chief
Local banks lack legal knowledge: BCA chief JAKARTA (JP): Bad debts in the country's banking sector were partly because of banks' poor knowledge of corporate law, Bank Central Asia's president, Abdullah Ali, said yesterday.
Tue, 25 Mar 1997
TV today
TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Berenstain Bears 3:00 News: Lintasan Berita 3:05 Children's Program: Taman Bermain 3:30 Science Film: Four Minute Mile 4:00 News: Lintasan Berita 4:05 Science and Technology Film 4:30 Teenagers' Program: Drama Remaja 4:55 Filler and Trailer...
Tue, 25 Mar 1997
Ten killed in accident
Ten killed in accident PEKANBARU, Riau: Ten people were killed and 13 others were injured after a passenger bus collided with a truck here Sunday, Antara reported yesterday.The accident happened in the afternoon when the Sarana Ekspres bus, reportedly traveling at very high speed, slammed into the...
Tue, 25 Mar 1997
Holdup on Jl. Sutomo
Holdup on Jl. SutomoFrom Media IndonesiaAt 5 p.m. on March 10 I was riding home with my wife and our driver when we became caught in a traffic jam in front of the Navy Guesthouse, the Central Bureau of Statistics on Jl. Sutomo in Pasar Baru, Central Jakarta.
Tue, 25 Mar 1997
S'pore, Brunei deny rumors of decoupling
S'pore, Brunei deny rumors of decoupling SINGAPORE (AFP): Singapore and Brunei yesterday denied market rumors of a decoupling between their currencies and affirmed their commitment to a one-to-one peg."The governments of Brunei and Singapore wish to dispel such rumors and state clearly and...
Tue, 25 Mar 1997
Indonesia gains no titles at Swiss badminton Open
Indonesia gains no titles at Swiss badminton Open JAKARTA (JP): Indonesia's plan to dominate badminton in Europe suffered another set back Sunday when it came away from the Swiss Open in Basel empty handed.
Tue, 25 Mar 1997
A call worth noting
A call worth noting Although a few months have passed since a major upheaval last rocked this country, the statement issued over the weekend at the conclusion of a three-day annual meeting of the Indonesian Council of Ulemas (MUI), deserves to be welcomed.
Tue, 25 Mar 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Radisson Hotel, Jl. Pecenongan 72, Central Jakarta: - Lobby Lounge Bar; Vino on Bass and Yudi on Piano, Mona and Nongky (Singers), Monday to Saturday, 6 p.m. to 10 p.m. * Ancol Travelodge, Jl. Lodan Timur No.
Tue, 25 Mar 1997
Rape and rights forum to be held
Rape and rights forum to be held JAKARTA (JP): Noted lawyer Nursyahbani Katjasungkana and researcher Myra Diarsi are scheduled to participate in a public forum on rape and human rights on Wednesday.The Kalyamitra Foundation and the Jakarta Legal Aid Foundation are inviting students, officials,...
Tue, 25 Mar 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 24, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 2,500 Alter Abadi 1,175 0 183,000 Alumindo Light Metal 1,125 -50 161,500...
Tue, 25 Mar 1997
Malaysia approves bridge project
Malaysia approves bridge project KUALA LUMPUR (AFP): The Malaysian government has approved the construction of a bridge to replace a 74-year-old causeway linking its southern Johore state to Singapore, reports said here yesterday.
Tue, 25 Mar 1997
Clients first
Clients firstFrom SinarThe monetary agencies are working on the execution of a government decree (PP) concerning bank liquidation. On a whole, this matter may not interest the general public but the case of bank liquidation is closely related to bank clients.
Tue, 25 Mar 1997
Quake cracks to be checked
Quake cracks to be checked PADANG, West Sumatra: The National Atomic Energy Agency (Batan) plans to inspect cracks which developed in high-rise buildings after a major earthquake shook western Indonesia, including Jakarta, early last week.Antara quoted A.
Tue, 25 Mar 1997
BI secures US$500m standby loan
BI secures US$500m standby loan JAKARTA (JP): The central bank, Bank Indonesia, has secured a standby loan worth US$500 million from a syndication of 40 major banks from Asia, Europe, Australia and the United States.Bank Indonesia's governor, J.
Tue, 25 Mar 1997
Govt to contract 6,000 teachers
Govt to contract 6,000 teachers PADANG, West Sumatra: Minister of Education and Culture Wardiman Djojonegoro said his office would soon contract 6,000 teachers to overcome the current shortage of teachers across the country.
Tue, 25 Mar 1997
Military to ban PDI long march
Military to ban PDI long march JAKARTA (JP): The East Java military command has banned the Bali-Jakarta long march planned by members of the rift-ridden Indonesian Democratic Party (PDI), Antara reported yesterday.It quoted East Java military commander Maj. Gen.
Tue, 25 Mar 1997
Hospital to be constructed
Hospital to be constructed BANDAR LAMPUNG, Lampung: The government will soon build a Rp 6 billion (US$2.5 million) hospital in Liwa district, West Lampung regency, Antara reported yesterday.Asian Development Bank aid will fund the project, according to Dr.
Tue, 25 Mar 1997
Schelde opens office here
Schelde opens office here JAKARTA (JP): Royal Schelde, a Dutch company operating in shipbuilding, engineering and industrial construction, has opened a regional office here to coordinate its activities in South East Asia.
Tue, 25 Mar 1997
Telkom to keep its monopoly on long-distance calls
Telkom to keep its monopoly on long-distance calls JAKARTA (JP): The secretary-general of the ministry of tourism, post and telecommunications, Jonathan L. Parapak, has reiterated that PT Telekomunikasi Indonesia (Telkom) would keep its exclusive rights to provide long-distance calls until 2006 and...
Tue, 25 Mar 1997
Unclear authority hampers transportation project
Unclear authority hampers transportation project JAKARTA (JP): Unclear authority in transportation management is a major constraint to large-scale public transportation projects here, observers say.They were responding to recent developments regarding a proposal to build a subway from Blok M, South...
Tue, 25 Mar 1997
Dharmala Finance to split its stock
Dharmala Finance to split its stock JAKARTA (JP): Shareholders of the publicly listed PT BBL Dharmala Finance agreed yesterday to the company's proposal to split its nominal share value from Rp 1,000 (40 US cents) to Rp 500.
Tue, 25 Mar 1997
Bank Mashil rights issue to raise up to $32 million
Bank Mashil rights issue to raise up to $32 million JAKARTA (JP): Publicly listed Bank Mashil expects to raise about Rp 76.16 billion (US$32 million) in a rights issue later this month.The bank's president, Agustinus T.
Tue, 25 Mar 1997
Golkar faces huge challenges
Golkar faces huge challengesBy Aleksius Jemadu BANDUNG (JP): Election campaigns can be viewed as a process of linking the agenda of the politicians and the aspirations of the people.The three election contestants, the dominant Golkar organization, the United Development Party (PPP), and the...
Tue, 25 Mar 1997
Dibyo Widodo's mother dies
Dibyo Widodo's mother dies JAKARTA (JP): The mother of National Police Chief Gen. Dibyo Widodo died of heart problems yesterday morning. She was 73.Toerniati Soekardi was sent to Bhakti Yudha hospital, Depok, West Java, where she died on Sunday evening.
Tue, 25 Mar 1997
Australia still confident about Indonesia's future
Australia still confident about Indonesia's future JAKARTA (JP): Australia remains confident about the future of Indonesia's economy despite uncertainty over the latter's leadership transition.Australia's Ambassador to Indonesia, John McCarthy, said his government was upbeat that Indonesians would...
Tue, 25 Mar 1997
No more leaded gasoline in 1999, says Sudjana
No more leaded gasoline in 1999, says Sudjana JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana said leaded gasoline would be phased out until 1999, when it would be banned to reduce pollution.Therefore the public should start modifying their cars and using natural gas, Sudjana was quoted by...
Tue, 25 Mar 1997
Commercial papers not fully traded
Commercial papers not fully traded JAKARTA (JP): Indonesia's only rating agency, PT Pemeringkat Efek Indonesian (Pefindo), said about 50 percent of the 66 commercial papers the firm rated last year was not traded because it failed to meet the central bank's minimum grade.
Tue, 25 Mar 1997
Only 26 percent of regular buses run daily
Only 26 percent of regular buses run daily JAKARTA (JP): Only 26 percent, or 439, of the 1,679 regular buses operate daily, the head of the City Land Transportation Agency said yesterday.The head of the agency, J.P.
Tue, 25 Mar 1997
General Motors eyes Seoul's troubled Ssangyong Motor
General Motors eyes Seoul's troubled Ssangyong Motor SEOUL (AFP): General Motors Corp. of the United States is considering taking an unspecified equity share in South Korea's debt-stricken Ssangyong Motor Co. in exchange for use of its local distribution network, reports said yesterday.
Tue, 25 Mar 1997
Lawyers request Bintang's release
Lawyers request Bintang's release JAKARTA (JP): Lawyers representing rebel politician Sri Bintang Pamungkas demanded their client's release yesterday, citing insufficient legal grounds for the Attorney General's Office to continue detaining him.
Tue, 25 Mar 1997
Few firms take up forestry incentives
Few firms take up forestry incentives JAKARTA (JP): Only 50 firms in forest-related industries have used the export tax and nontax incentives the government introduced last year, a government official said yesterday.
Tue, 25 Mar 1997
Mah Sing in Indonesia
Mah Sing in Indonesia KUALA LUMPUR (Reuter): Mah Sing Group Bhd said yesterday that its 80 percent owned subsidiary, PT Mah Sing Indonesia, has entered into an agreement with Premium Vector Sdn Bhd to jointly set up a manufacturing company in Indonesia.
Tue, 25 Mar 1997
PNG faces biggest political crisis since 1975
PNG faces biggest political crisis since 1975By Michael Perry PORT MORESBY (Reuter): A military solution to the conflict on Papua New Guinea's Bougainville island looked as far away as ever this week as the country faces its biggest political crisis since independence from Australia in 1975.
Tue, 25 Mar 1997
Witness testifies safe wasn't Zarina's
Witness testifies safe wasn't Zarina's JAKARTA (JP): The former boyfriend of Zarina, a would-be TV star on trial in an Ecstasy case, testified yesterday that the safe containing Ecstasy seized from her house by police, was not hers.Zarina was arrested on Aug.
Tue, 25 Mar 1997
Hanoi turns up the heat in oil row with China
Hanoi turns up the heat in oil row with China HANOI (Reuter): Vietnam's communist government turned up the heat in a territorial and oil exploration row with its giant northern neighbor yesterday, accusing China of violating international laws and calling for urgent talks.
Tue, 25 Mar 1997
Government told to punish banks breaching labor laws
Government told to punish banks breaching labor laws BOGOR (JP): Trade unions in the commerce, banking and insurance (NIBA) sectors called on the government to take action against a number of banks and insurance companies operating in Jakarta, for using employment agencies to get new recruits.
Tue, 25 Mar 1997
UN envoy ends three-day trip to East Timor
UN envoy ends three-day trip to East Timor JAKARTA (JP): The United Nations special envoy on East Timor, Jamsheed Marker, completed his three-day trip to the province yesterday, leaving with a promise to seek a fair solution to the disputed region's sovereignty.
Tue, 25 Mar 1997
Calls for open VP nomination debate gain momentum
Calls for open VP nomination debate gain momentum JAKARTA (JP): Observers and public figures alike have welcomed the growing calls for an open vice-presidential nomination debate, describing it as part of the public's political education.State Minister of Research and Technology B.J.
Tue, 25 Mar 1997
RI firm wins Kazakhs' Mangistau Oil tender
RI firm wins Kazakhs' Mangistau Oil tender ALMATY (Reuter): A senior Kazakh official said yesterday that Central Asia Petroleum Ltd, part of Indonesia's Setdco Group, has won a tender for a 60 percent stake in the former Soviet republic's largest oil producer, Mangistaumunaigaz.
Tue, 25 Mar 1997
SEAG consortium expects to raise Rp 35b from fees
SEAG consortium expects to raise Rp 35b from fees JAKARTA (JP): The 19th SEA Games consortium hopes to raise Rp 35 billion (US$14.6 million) by making the public pay fees on top of their electricity, water, telephone and other bills."We'll take Rp 35 billion from a Rp 40 billion income.
Tue, 25 Mar 1997
Rescuers finally find Busang geologist's body
Rescuers finally find Busang geologist's body JAKARTA (JP): Rescuers have found the body of geologist Michael de Guzman, who it is thought fell to his death from a helicopter while flying to the Busang gold deposit he helped discover in East Kalimantan, an official said Monday.
Tue, 25 Mar 1997
Soeharto calls for new family policy
Soeharto calls for new family policy JAKARTA (JP): The country needs to launch three simultaneous campaigns to develop the human resources required to survive global competition, President Soeharto said yesterday.
Tue, 25 Mar 1997
Mando-Cakra parts deal
Mando-Cakra parts deal SEOUL (AP): South Korea's leading auto parts maker said yesterday it reached a tentative agreement with Indonesia's PT Bimantara Cakra Nusa to set up an auto parts plant there.Mando Machinery Corp.