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Tue, 11 Mar 1997
ANZ starts emerging markets fund
ANZ starts emerging markets fund LONDON (Reuter): ANZ Investment Bank said on Monday it had launched a new emerging market's local currency debt fund.It said the open-ended fund, ANZ Local Currency Debt Portfolio, was targeted at institutions and sophisticated investors globally and would invest in...
Tue, 11 Mar 1997
Andrian rejoins national team today
Andrian rejoins national team today JAKARTA (JP): The Indonesian Tennis Association has confirmed that it will let Andrian Raturandang return to the Davis Cup team and the 19th SEA Games training.Benny Mailili, an official of the association's National Tennis Board, said yesterday that Andrian...
Tue, 11 Mar 1997
SSE to introduce new system to boost trade
SSE to introduce new system to boost trade JAKARTA (JP): The Surabaya Stock Exchange (SSE) will introduce a new trading system today to boost trade.SSE's president, Isakayoga, said yesterday the new trading system, called continuous auction, would enable dealers to trade directly through on-line...
Tue, 11 Mar 1997
Open heart surgery in Bali
Open heart surgery in Bali DENPASAR, Bali: The Sanglah General Hospital received Friday a Rp 4.7 billion cardiac surgical machine from the Harapan Kita Cardiac Hospital Foundation in Jakarta.Antara reported that the sophisticated equipment was donated under a cooperation between the Denpasar...
Tue, 11 Mar 1997
Soeharto's smile gives nothing away
Soeharto's smile gives nothing away JAKARTA (JP): A smile is the only response one will likely get from President Soeharto to the question whether civil servants and Armed Forces (ABRI) personnel will see their wages increased this year.State Minister of Administrative Reforms T.B.
Tue, 11 Mar 1997
Rescue program returns orangutan to forests
Rescue program returns orangutan to forestsBy Yenni Kwok JAKARTA (JP): One of Willie Smits' jobs is returning orangutans that have been kept as pets to the rain forests of Kalimantan.The rescue program, based at the Wanariset Forest research station in East Kalimantan, is part of the larger...
Tue, 11 Mar 1997
Kiss of life for Asia's energy futures
Kiss of life for Asia's energy futuresBy P. Parameswaran SINGAPORE (AFP): Asia is moving closer to having a safety-net against oil-price volatility with the impending revival of the region's sole energy futures contract and plans to introduce more hedging mechanisms, analysts say.
Tue, 11 Mar 1997
Hanbo's bankruptcy
Hanbo's bankruptcyFrom MerdekaIt seems that Kim junior (Kim Hyun-chul) has forgotten that his beloved father, South Korean President Kim Young-sam, is a public figure. A state leader is the property of the people, he becomes a model of the public from the moment he is sworn in as president.
Tue, 11 Mar 1997
McDonald's Corp. lobbies ASEAN on farm reform
McDonald's Corp. lobbies ASEAN on farm reform SINGAPORE (Reuter): A senior official of U.S. hamburger giant McDonald's Corp. said yesterday that protectionist farm policies had driven up the cost of food in Southeast Asia.
Tue, 11 Mar 1997
Asian palm oil markets seen mixed
Asian palm oil markets seen mixed KUALA LUMPUR (Reuter): Asian palm oil markets were expected to be mixed this week with bearish technicals seen dampening Malaysian sentiment, while Singapore may recover due to a nearby supply tightness, regional traders said.
Tue, 11 Mar 1997
ARCO appraisal almost finished
ARCO appraisal almost finished SINGAPORE (Reuter): Atlantic Richfield Co (ARCO) aims to complete an appraisal program at its Irian Jaya gas field by the end of 1997, ARCO Asia Inc President Roger Truitt said yesterday.
Tue, 11 Mar 1997
Alter Abadi books profits
Alter Abadi books profits JAKARTA (JP): The listed kaolin producer PT Alter Abadi posted a net profit of Rp 36.38 billion (US$15.28 million) in 1996, up 33.8 percent compared to 1995's Rp 27.55 billion.
Tue, 11 Mar 1997
HK reassures Indonesia over travel documents
HK reassures Indonesia over travel documents HONG KONG (Reuter): Hong Kong authorities assured Jakarta yesterday that travel documents would remain valid after the British colony reverts to China, making it unnecessary to send home 60,000 Hong Kong people now working in Indonesia.
Tue, 11 Mar 1997
Five killed in bus crash
Five killed in bus crash MANADO, North Sulawesi: Five people were killed and five others injured, two of them critically, in a bus crash here Sunday night, a press report said yesterday.The accident happened at about 8:15 p.m.
Tue, 11 Mar 1997
Emission tests start again across the city
Emission tests start again across the city JAKARTA (JP): The third phase of vehicle emission tests began at five city sites yesterday, targeting 5,000 cars by Thursday, the head of the city environmental bureau said.
Tue, 11 Mar 1997
Mandela ends four-nation tour
Mandela ends four-nation tour KUALA LUMPUR (AFP): South African President Nelson Mandela left Malaysia's northern Langkawi island resort yesterday at the end of a successful five-day visit.During his four-nation tour of the Philippines, Brunei, Singapore and Malaysia, Mandela promoted South African...
Tue, 11 Mar 1997
Govt to loosen some restrictive campaign rules
Govt to loosen some restrictive campaign rules JAKARTA (JP): Following a torrent of criticism from the minority parties contesting the May 29 general election, the government agreed yesterday to loosen campaign regulations they had branded restrictive.
Tue, 11 Mar 1997
PT Lampung to buy three firms
PT Lampung to buy three firms JAKARTA (JP): PT Lampung Pelletizing Factory, a subsidiary of PT Dharmala Agrifood, will take over three commodity processing companies as part of the retructuring program of its parent firm.The takeover plan was approved in a shareholders meeting yesterday.
Tue, 11 Mar 1997
Lightning kills senior official
Lightning kills senior official JAKARTA (JP): Government officials mourned yesterday the death of Director General for International Trade Anang Fuad Rivai, who was killed by a lightening bolt while playing golf in Batam on Sunday.
Tue, 11 Mar 1997
Indonesia joins Australia's trade expo
Indonesia joins Australia's trade expo JAKARTA (JP): More than 40 businesspeople from 20 Indonesian companies will participate in Australia's Trade Expo 1997 in Melbourne from March 18 to March 20, a government official said yesterday.
Tue, 11 Mar 1997
Advice for Timorese youths
Advice for Timorese youths YOGYAKARTA: East Timor Governor Abilio Jose Osorio Soares called on youths in the former Portuguese colony to stop making an issue out of integration with Indonesia.East Timorese youths should stop concentrating on political, social and religious issues and focus instead...
Tue, 11 Mar 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 10, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 51,500 Alumindo Light Metal 1,225 0 97,500 Alumindo...
Tue, 11 Mar 1997
RI to produce more ceramic tiles
RI to produce more ceramic tiles JAKARTA (JP): Indonesia's production of ceramic floor and wall tiles is projected to increase to 200,000 million square meters this year from 170 million square meters in 1995, an official said here yesterday.
Mon, 10 Mar 1997
Customs office vows to maintain ship-side trucking
Customs office vows to maintain ship-side trucking JAKARTA (JP): Director General of Customs and Excise Soehardjo Soebardi has promised his party will maintain ship-side trucking of imported goods because it has ensured a smooth flows of goods.
Mon, 10 Mar 1997
Election tactics upset PPP
Election tactics upset PPP SURABAYA (JP): The United Development Party (PPP) accused the local administration yesterday of unfairly sidelining it in favor of its rival, the ruling Golkar group.PPP chairman Ismail Hasan Metareum branded the practice as violating "the morals and principles of fair...
Mon, 10 Mar 1997
Toll Road Card
Toll Road Card I would like to comment on the Kartu Langganan Tol (Toll Road Card), which I have been using since April 1996. So far, I have bought 22 of these cards for Rp 100,000 each. Seven of them have failed to complete transactions at the exit gate, with the following details:* two failed...
Mon, 10 Mar 1997
JSX share prices likely to bounce back
JSX share prices likely to bounce back JAKARTA (JP): The Jakarta Stock Exchanges (JSX) share prices are likely to bounce back this week as fears on a possible increase in U.S. interest rates subside.Securities analysts said the U.S.
Mon, 10 Mar 1997
Should embassies obey parking rules?
Should embassies obey parking rules? JAKARTA (JP): It is not yet clear if embassies in Jakarta will have to comply with a city regulation that requires all buildings to provide an adequate number of parking spaces for its employees and visitors.
Mon, 10 Mar 1997
Andrian may return to Games training
Andrian may return to Games training JAKARTA (JP): The Indonesian Tennis Association's chairman, Sarwono Kusumaatmadja, said Saturday that Andrian Raturandang, who was dismissed from the 19th SEA Games training camp because of his weak physical condition and undisciplined behavior, might be allowed...
Mon, 10 Mar 1997
Not voting would be sinful: Moslem group
Not voting would be sinful: Moslem group JAKARTA (JP): Moslems, who constitute about 90 percent of the Indonesian population, were urged yesterday to stay away from campaigns to boycott the May 29 general election.
Mon, 10 Mar 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * Ancol Travelodge, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m. to 3 p.m. - No.
Mon, 10 Mar 1997
Observers cautious over election monitoring plan
Observers cautious over election monitoring plan JAKARTA (JP): Observers hailed Saturday the government's plan to invite foreigners to observe the May 29 polls, but said the move did not guarantee a fair general election.
Mon, 10 Mar 1997
'Oil palm plant ban will not last long'
'Oil palm plant ban will not last long' JAKARTA (JP): The government's recent ban on new foreign investments in oil palm plantations will not last long, because a permanent restriction will contradict the free trade principles, an observer has said.
Mon, 10 Mar 1997
Busang's signal to investors
Busang's signal to investors After months of uncertainty, the Busang gold project in Indonesia's East Kalimantan has finally received official blessing.The project has had a racy recent history that is worth recounting.
Mon, 10 Mar 1997
Texmaco, SPIC tie up
Texmaco, SPIC tie up JAKARTA (JP): Indonesia's Texmaco Group and SPIC Ltd. Group of Madras, India, have signed a memorandum of understanding on cooperation in exporting to India US$300 million worth of plant machineries for textile and chemical industries.
Mon, 10 Mar 1997
Gus Dur accepts offer to join Israeli institute
Gus Dur accepts offer to join Israeli institute SURABAYA (JP): Abdurrahman Wahid, chairman of the country's largest Moslem organization Nahdlatul Ulama (NU), has accepted an offer to join the Jerusalem-based Simon Peres Institute.
Mon, 10 Mar 1997
Campaign contribution
Campaign contribution If some of the campaign contributions that the United States' Democratic and Republican parties have been returning to their donators these past few weeks could find its way to the United Development Party (PPP) and the Indonesian Democratic Party (PDI), the financial woes of...
Mon, 10 Mar 1997
Finding of temple ruins changes lives in Karawang
Finding of temple ruins changes lives in KarawangBy K. Basrie KARAWANG, West Java (JP): "Before newspapers and TV stations reported the finding of the temple ruins, I had never seen any cute city boys with fine clothes up close," said 15-year-old Nawiyah.
Mon, 10 Mar 1997
Training on AIDS coverage
Training on AIDS coverage YOGYAKARTA: An education, research and publishing center is holding a series of workshops on AIDS for broadcast journalists.In cooperation with the Ford Foundation, the Research, Education and Publication Agency (LP3Y)'s workshops will provide journalists with knowledge in...
Mon, 10 Mar 1997
What are the true meanings of subversion and unconstitutional?
What are the true meanings of subversion and unconstitutional?By Sirikit Syah SURABAYA (JP): Legal expert J.E. Sahetapy insisted recently that the Democratic People's Party activists currently on trial for subversion should not have been accused of treason because they did not initiate an armed...
Mon, 10 Mar 1997
S'pore soldiers killed in NZ
S'pore soldiers killed in NZ WELLINGTON (Reuter): Two Singaporean soldiers were killed and 12 soldiers were injured yesterday when an artillery shell exploded prematurely during a training exercise in New Zealand, an army spokesman said.
Mon, 10 Mar 1997
UN chief firmly behind solving East Timor issue
UN chief firmly behind solving East Timor issue LISBON (AFP): UN Secretary-General Kofi Annan is determined to make progress in resolving the problem of East Timor, his special envoy Jamsheed Marker said here after three days of talks with Portuguese officials.
Mon, 10 Mar 1997
50,000 join mass prayer in Madura
50,000 join mass prayer in Madura JAKARTA (JP): More than 50,000 East Java Moslems affiliated to Nahdlatul Ulama (NU) organization held a mass gathering in Bangkalan, Madura, Saturday to pray for religious harmony, peace and national unity.
Mon, 10 Mar 1997
Eight steal cash and cameras
Eight steal cash and cameras JAKARTA (JP): Eight men stole cash, a cellular phone and cameras worth Rp 70 million (US$29,166) from a Central Jakarta photo studio yesterday after overwhelming two security guards.
Mon, 10 Mar 1997
Siloam makes capital market debut
Siloam makes capital market debut JAKARTA (JP): PT Siloam Gleneagles Health Care (SGHC), a hospital firm affiliated to Lippo Group, is offering 47 million new shares at Rp 2,950 (US$1.23) each for three days until Wednesday to raise Rp 138.7 billion, said an executive.
Mon, 10 Mar 1997
Ten people die in dengue outbreak
Ten people die in dengue outbreak YOGYAKARTA: Ten people have died in a dengue outbreak over the past two months, according to local health office doctor Kristi Indarti.Antara quoted the doctor as saying 245 people from five regencies in Yogyakarta were affected by the disease.
Mon, 10 Mar 1997
Pupils poisoned in Bekasi
Pupils poisoned in Bekasi JAKARTA (JP): Several pupils in Bekasi, West Java, were poisoned Saturday by foodstuffs bought at vendors near their school.The pupils from four state-run schools were admitted to nearby hospitals and clinics.
Mon, 10 Mar 1997
$197m loan to Ratelindo
$197m loan to Ratelindo JAKARTA (JP): PT Radio Telephone Indonesia (Ratelindo), a private firm operating fixed-cellular radio telephones will sign today a US$197 million lending facilities.The loans will be provided by 12 international banks including Korea Development Bank, Bank of Taiwan, Fuji...
Mon, 10 Mar 1997
'Three-level transit system will not contradict subway'
'Three-level transit system will not contradict subway' JAKARTA (JP): Following announcements that a proposed subway has been given the green light by the government, a developer planning to build a three-level transit system said his company still intends to start the project on April 21.
Mon, 10 Mar 1997
Govt, Unicef to set up children's rights body
Govt, Unicef to set up children's rights body JAKARTA (JP): Ministry of Social Services and Unicef officials announced Saturday plans to establish the Child Protection Institute.Sudarmanto, of the ministry's social welfare development office, told a press briefing the concept for the institute...