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Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 14, 1995: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 2,375 75 2,500 AHAP Insurance 3,300 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,125 -25 133,500 Aneka...

AIDS information drives require coordination

AIDS information drives require coordination JAKARTA (JP): An executive of the Kusuma Buana Foundation underlined yesterday the importance of coordination, among non- governmental organizations (NGOs), in disseminating information on the danger of the Acquired Immune Deficiency Syndrome (AIDS).

Indosepamas' profit soars

Indosepamas' profit soars JAKARTA (JP): PT Indosepamas Anggun, a manufacturing company, announced yesterday a sharp increase in its after-tax profit to Rp 9.03 billion, or Rp 249 per share, during the first quarter of this year from Rp 2.71 billion, or Rp 112 per share, for the same period in 1994.

The battles of Indonesia's struggling artists

The battles of Indonesia's struggling artistsBy Sarah Murray JAKARTA (JP): "Can you explain the Indonesian art market to me? The price structure seems so crazy!" an art lover, collector, and American Fulbright scholar asked the other day when he learned I was in the process of studying the...

Fund raising problems

Fund raising problems Lately fund raising for sports activities became a very hot topic. In my humble opinion, it is almost as hot as the political topic of succession.The discussion centered around the question whether Tapornas contains gambling elements or not.

Soeharto dismisses doubts over ability to pay debts

Soeharto dismisses doubts over ability to pay debts JAKARTA (JP): President Soeharto yesterday dismissed doubts about Indonesia's ability to repay its foreign debts, which are now approaching US$100 billion.

Freedom of speech

Freedom of speech It is as yet unclear what form the new policy on the issuance of permits for public gatherings, as proposed by the Coordinating Minister for Political Affairs and Security, will take. But whatever form, the willingness to review the policy is a positive sign.

Security system by, for the people

Security system by, for the peopleBy K. Basrie JAKARTA (JP): It's midnight of May 31 at a two by two meter structure. That night three residents were assigned by the head of the neighborhood to guard their "zone" where around 80 families live.

Investments to hit record

Investments to hit record JAKARTA (JP): Approvals of foreign investments during the first five months of this year reached US$17.36 billion, already 73.2 percent of last year's record high of $23.7 billion, according to the Investment Coordinating Board.

Asian firms lead line for world's longest plane

Asian firms lead line for world's longest plane LE BOURGET, France (AFP): Boeing yesterday launched a stretched version of its new Boeing 777 passenger jet at the French air show, with Japan's ANA and several other Asian firms placing the first orders for what will be the world's longest passenger...

Small textile companies to suffer losses

Small textile companies to suffer losses JAKARTA (JP): Hundreds of smaller textile companies are likely to go out of business as the prices of raw materials continue to rise and domestic demand for textile products decreases, a legislator said yesterday.

American scholar defends NGOs' rights roles

American scholar defends NGOs' rights roles JAKARTA (JP): An American academic exalted yesterday the role of Non-Governmental Organizations (NGOs) and defended the right to criticize governments which violated human rights.Theodore S.

New shopping centers

New shopping centers JAKARTA (JP): PT Duta Anggada Realty, a property company listed on the Jakarta Stock Exchange, will focus its business in the construction of shopping centers in the next three to four years, said a company executive.

Faces of Indonesia?

Faces of Indonesia? "Faces of Indonesia," touring several big cities in the U.S. and Europe recently, has undoubtedly done quite a lot for Indonesia's cultural promotion. In a few hours, large numbers of people in those cities had the rare opportunity to watch the rich and colorful spectacles of...

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m.

World doubles finals offer more amusement

World doubles finals offer more amusement JAKARTA (JP): The ATP Tour is considering adding entertainment to the world doubles finals program here in November in a bid to attract a better turn-out.Steve Casey, ATP Tour communications director, said on Tuesday that organizers had learned a lot from...

Our foreign debts

Our foreign debts President Soeharto has reassured the people once again that our foreign debts, currently estimated at around US$100 billion, including the $40 billion owed by the private sector, are well managed.

More expat workers to flood RI job market

More expat workers to flood RI job market JAKARTA (JP): Indonesian professionals and policy makers, beware! As a result of the rapid globalization process and trade liberalization measures, more and more expatriates will be coming to Indonesia's shores to work, according to a leading demographer.

Detainee allowed to take exams

Detainee allowed to take exams JAKARTA (JP): A detainee at the Salemba detention center will be permitted to take part in the national state university entrance tests to be held next week, it was announced yesterday.

Hotels, shops change names

Hotels, shops change names PURWOKERTO, Central Java: Hotels, restaurants and stores throughout the province have begun to replace foreign names with Indonesian ones.Central Java Governor Soewardi has asked restaurants, hotels and shops in the province to give up their foreign names before...

Two further exhibitions

Two further exhibitions JAKARTA (JP): Two more exhibitions of paintings will be held in Jakarta this month.Painters from the group Nuansalima -- Sudigdo, A. Malik Atiaz, Rukmini Yusuf Affandi, Agus Budiyanto and Suminto -- will exhibit their paintings at the Executive Club at the Jakarta...

1997 and 1998 'critical' for RI: Soesilo

1997 and 1998 'critical' for RI: Soesilo SEMARANG (JP): Coordinating Minister for Political Affairs and Security Soesilo Soedarman predicts that 1997 and 1998, during which Indonesia will hold general elections and name a new head of state, will be "critical".

Bank Indonesia signs $500m standby loan

Bank Indonesia signs $500m standby loan JAKARTA (JP): Bank Indonesia signed in Tokyo yesterday a standby loan agreement worth about US$500 million with a syndicate of major international banks in order to support the position of its foreign exchange reserves, a central bank official said yesterday.

OPEC's oil surge mainly technical: Sudjana

OPEC's oil surge mainly technical: Sudjana JAKARTA (JP): Minister of Mines and Energy Ida Bagus Sudjana said yesterday that the Organization of Petroleum Exporting Countries (OPEC) is producing about 500,000 barrels of oil per day above its agreed output ceiling.

Ida Bagus Made: A unique painter of Ubud

Ida Bagus Made: A unique painter of UbudBy Intan Petersen UBUD, Bali (JP): "I feel hurt," hissed painter Ida Bagus Made. Tears sprang into his eyes when he was read an article about one of his stolen paintings appearing at a Christie's auction in Singapore last March.

Nude 'model' wanted

Nude 'model' wanted BANDAR LAMPUNG, Lampung: The provincial government has set up a special team to track down a local resident who reportedly allowed herself to be photographed in Malaysia, without clothes, engaged in sexual acts.

Aceh elephants on the rampage

Aceh elephants on the rampage BANDA ACEH, Aceh: A herd of wild elephants has been on the rampage for the last week, destroying crops and causing panic in Lambaro Tunong village, Seulimun subdistrict.Local military spokesman Lt. Col.

Official's wife arrested

Official's wife arrested BANJARNEGARA, Central Java: Lala, the wife of the chief of Kalibening district, is being questioned by police on suspicion of embezzlement of nearly Rp 3.5 million (U$1,500) of government funds.

Fiji threatens to boycott Games

Fiji threatens to boycott Games SUVA (AFP): Anger at France's decision to resume nuclear testing in the South Pacific spilled into the sporting arena yesterday as Fiji threatened to boycott the South Pacific Games in French Polynesia.

National archers suffer big blow in warm-up event

National archers suffer big blow in warm-up event JAKARTA (JP): China and Australia landed a daunting blow to Indonesia's bid for a commendable showing in the 38th world archery championships in August when they strolled to a commanding lead at the national meet yesterday.

ASEAN plans on pollution control

ASEAN plans on pollution control KUALA LUMPUR (AFP): The Association of Southeast Asian Nations (ASEAN) opened talks here yesterday on cross-border pollution controls after being plagued in recent years by hazy skies and polluted seas.

TV today

TV todayTVRI 2:35 p.m. TV Series: Chocky's Challenge 3:05 Children's Program 3:30 TV Drama: Harapan Nan Sirna 4:30 Sports 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:30 TV...

Asia too dependent on Middle East oil

Asia too dependent on Middle East oil SINGAPORE (Reuter): Robust oil demand in Asia over the next 10 years will lead to greater reliance on Middle East crude, putting the region in a more precarious situation than the United States or Europe, an energy analyst said.

Golkar targets UMNO success

Golkar targets UMNO success JAKARTA (JP): The ruling political group Golkar wants a landslide victory in the 1997 general election and chairman Harmoko is confident he can do it."We cannot predict the percentage (of the votes) yet, but it is sure to increase given the organizational consolidation...

20 farmers protest over land acquisition

20 farmers protest over land acquisition JAKARTA (JP): Twenty South Sumatran farmers protested at the House of Representatives yesterday over the appropriation of their land, by various private and state-owned companies, without compensation.

Port havoc may lead to extra costs

Port havoc may lead to extra costsBy Prapti Widinugraheni JAKARTA (JP): Foreign shipping companies are threatening to impose additional charges on importers of up to a total of US$70 million a year if congestion at the Tanjung Priok port does not abate.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m.

Bulgarian to talk on literature

Bulgarian to talk on literature JAKARTA (JP): A Bulgarian poet, Krassin Himmirsky, who is also an observer of Indonesian literature, will discuss Indonesian and Bulgarian literature this morning at the Taman Ismail Marzuki Arts Center.

Australian drink firm in RI

Australian drink firm in RI SYDNEY (AFP): Australian-based soft drinks bottler Coca-Cola Amatil Ltd. (CCA) announced yesterday to raise hundreds of millions of dollars from shareholders and expand its empire in Europe and Indonesia.

Plaza Indonesia eyes sites of two other embassies

Plaza Indonesia eyes sites of two other embassies JAKARTA (JP): The publicly-listed PT Plaza Indonesia Realty is seeking another chance to take over the sites of two other foreign embassies after successfully acquiring the former land of the Australian embassy two years ago.

Computer should be taught at schools

Computer should be taught at schools JAKARTA (JP): Although the government currently has no immediate plan to include computer lessons in the national school curriculum, a senior official of the Ministry of Education and Culture says schools in major urban centers should introduce the subject as...

ABRI denies killing official

ABRI denies killing official DILI, East Timor: Although the investigation is still in process, local military chief Col. M. Simbolon denied reports yesterday that members of the Armed Forces (ABRI) have killed a civil servant.

N. Korea, U.S. agree to implement nuke pact

N. Korea, U.S. agree to implement nuke pact KUALA LUMPUR (Reuter): The United States and North Korea issued a joint statement yesterday affirming an agreement that aims ultimately to restrain the North's ability to make nuclear bombs.

Teijin to set up firm in RI

Teijin to set up firm in RI TOKYO (AFP): Japan's Teijin Ltd. said yesterday it would establish a joint venture in Jakarta with PT Branta Mulia to produce polyester yarn for auto tire cord.PT Branta Mulia Teijin Indonesia, will start production in October 1996, with an annual output of 10,000 tons...

Malaysia to get new U.S. envoy

Malaysia to get new U.S. envoy WASHINGTON (AFP): President Bill Clinton said on Monday he would nominate new U.S. ambassadors to Cambodia and Malaysia.Clinton said he would nominate career foreign service officer Kenneth Quinn as ambassador to Cambodia.

Documentary films at Erasmus

Documentary films at Erasmus JAKARTA (JP): The Dutch Cultural Center, Erasmus Huis, will present two documentary video films on plays produced by Dutch film director Leonard Retel Helmrich on June 16 at the center on Jl. Rasuna Said, South Jakarta.

No stock table

No stock table Notice: Due to a technical problem on computer links between the Jakarta stock Exchange and The Jakarta Post, today's table of shares is not available. -- Editor

TV today

TV todayTVRI 2:35 p.m. TV Series: Wrong Way Kid 3:05 Music 3:30 Science Program 4:05 Family Program: Around Us 4:30 Documentary Film 5:00 Regional News 5:30 Indonesia Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia...

N. Jakarta brothers punished for murder

N. Jakarta brothers punished for murder JAKARTA (JP): North Jakarta District Court yesterday sentenced two brothers to nine and 10 years imprisonment respectively for killing a man.Judge Soaloon Siregar said in his verdict that Erwansyah, alias Iwan bin Acip, 23, was found guilty of gashing...

PPP to organize seminar on discipline

PPP to organize seminar on discipline JAKARTA (JP): The Central Jakarta branch of the United Development Party (PPP) plans to conduct a series of activities in conjunction with the commemoration of the city's 468th anniversary on June 22 and of the country's 50th Independence Day on Aug. 17.H.