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KL market plays guessing game about elections

KL market plays guessing game about electionsBy Bill Tarrant KUALA LUMPUR (Reuter): Malaysia's rumor-driven stock market has been in a lather about national elections even though they're not due for more than a year and the outcome is hardly in doubt.

KL futures trading faces hurdles

KL futures trading faces hurdles KUALA LUMPUR (AFP): Malaysia's sole commodity exchange is still battling to convince the government it is ready to start trade in financial futures despite being allowed two years ago to compete with a private outfit in the same business.

Goenawan Mohamad spells out terms for return of `Tempo'

Goenawan Mohamad spells out terms for return of `Tempo' JAKARTA (JP): Goenawan Mohamad says he will consider the government's offer to issue a new license in place of the one for Tempo which was revoked last week, but stressed that the new magazine must not be subject to any kind of official...

Defendants deny being drunk during Tampubolon murder

Defendants deny being drunk during Tampubolon murder JAKARTA (JP): The four alleged killers of T.M.F. Tampubolon admitted before the East Jakarta District Court yesterday that they drank some alcoholic beverages before attacking the army general, but they were not drunk.

Slum families to be moved to apartments

Slum families to be moved to apartments The South Jakarta mayoralty is planning to move some 7,000 families currently living in slum areas at three subdistricts to apartment complexes.South Jakarta mayor H Pardjoko explained here recently that slum areas in the Manggarai, Bukit Duri and Pela...

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to close lower on the Jakarta Stock Exchange (JSX) yesterday after the broad-based Composite Index, lost dozens of points along the week.The JSX index which lost 2.08 points to close at 468.87 on Friday weakened further to finish at 464.

Ramos explains Timor ban to Soares

Ramos explains Timor ban to Soares MANILA (AFP): Philippine President Fidel Ramos has written to Portuguese President Mario Soares to explain his actions in banning Portuguese and other foreign delegates from a recent human rights conference here on East Timor, an official statement said yesterday.

Govt to suspend idle travel agencies

Govt to suspend idle travel agencies JAKARTA (JP): The government will intensify the supervision of travel agencies and will shut down those that are not active or performing poorly, an official said."The Ministry of Tourism, Post and Telecommunications ruled in January 1993 that every travel...

Volunteers ready to oversee aid

Volunteers ready to oversee aid JAKARTA: Some 221 people have passed a crash course to work as volunteers to help the government oversee the distribution of official aid for least developed villages across Indonesia.

Issues that invite risks

Issues that invite risks According to President Soeharto, in carrying out nation building we inevitably have to face challenges and obstructions both from within and without. One potential negative situation has been caused by the economic globalization and penetration of foreign culture with the...

Ulemas move to preserve unity in NU and PPP

Ulemas move to preserve unity in NU and PPPBy Santi WE Soekanto REMBANG, Central Java (JP): Eighty influential leaders from the Nahdlatul Ulama (NU) decided against formally naming candidates for the upcoming election of the United Development Party (PPP).

Li Peng seeking limelight from European trip

Li Peng seeking limelight from European tripBy Philippe Massonnet BEIJING (AFP): Prime Minister Li Peng will be looking to reinforce China's economic miracle and win back control of the country's foreign policy when he goes to Europe this week.

New action will strengthen small business development

New action will strengthen small business development JAKARTA (JP): The new package of reform measures launched yesterday included new steps to bolster the development of small businesses through the allocation of more money from state-owned companies.

Injured Fernandez ends Yayuk's run at Wimbledon

Injured Fernandez ends Yayuk's run at Wimbledon WIMBLEDON, England (Agencies): Indonesian tennis queen Yayuk Basuki failed in her bid to become the first Asian to reach the semifinal of the 117-year-old Wimbledon tournament after falling 4-6, 1-6 to an injured American Gigi Fernandez in the fourth...

Three injured in port project clash

Three injured in port project clash MANILA (AFP): At least three people were injured yesterday as squatters fought a demolition crew assigned to remove them from a Japanese-funded 1.5 billion-peso (US$56 million) Philippines port project, police said.

Environmentally friendly technology graining ground

Environmentally friendly technology graining groundBy Harlow G. Russell JAKARTA (JP): When most people think or read about environmentally friendly technology, they usually have a "picture" in their head of large, expensive, "high tech" waste water treatment plants.

Hundreds of workers demand better wages

Hundreds of workers demand better wages JAKARTA (JP): Around 300 employees of a garment factory in the Pulogadung industrial zone in East Jakarta staged a protest in front of the Ministry of Manpower here yesterday to demand better wages and working conditions.

Police chief found shot dead

Police chief found shot dead SUBANG, West Java: First Lt. Kasdari, chief of Jalancagak city police precinct in Subang regency, was found dead with a massive head wound in his office on Saturday.He was believed to have shot himself in the head, the Antara news agency said, quoting police in...

Govt eases regulation on imports

Govt eases regulation on imports JAKARTA (JP): The government yesterday announced a new package of deregulation measures to streamline the economy by liberalizing the import sector in what it said is an "anticipation of post-Uruguay Round development in world trade".

Local crossers to face international challenge

Local crossers to face international challenge JAKARTA (JP): National crossers will face the arduous challenge of beating 10 world rated riders at the international motocross championships slated for July 9 and 10 in Surabaya, East Java.

Suspected burglar shot dead

Suspected burglar shot dead An alleged burglar was shot to death by East Jakarta police after he attempted to escape while accompanying the officers to find his two accomplices on Jl. Cipinang Muara II over the weekend.

Russia wins world junior powerlifting meet

Russia wins world junior powerlifting meet JAKARTA (JP): Russian musclewomen swept seven gold medals in the final day of the world junior powerlifting meet at Nusa Dua, Bali on Sunday to help their team take the overall championship title.

4,145 telephones for Tangerang

4,145 telephones for Tangerang Starting on July 5, 1994, the state-owned telecommunications company, PT Telkom, will provide 4,145 new telephone lines for Tangerang, thanks to the completion of the first of three automated telephone stations (STO) in the area.

Research fund finds few takers

Research fund finds few takers JAKARTA (JP): The government has allocated a total of Rp 550 billion for scientific research over the next five years, but barely a fifth of the amount has been committed.

Astra donates to victims

Astra donates to victims JAKARTA (JP): The Astra Group donated yesterday Rp 500 million (US$231,000) in cash to the victims of tidal waves which hit East Java, notably the Banyuwangi coastal areas, early this month.

Spratly Islands

Spratly Islands If the reported agreement between China and the Philippines for the "common exploration and development" of the disputed Spratly Islands solidifies, it could have positive implications for China's relations with the rest of Asia.

TV today

TV todayTVRI 2:30 p.m. World Cup 1994: Bolivia vs Spain 4:30 Science Film: Best of Magic 5:00 Regional News 5:30 English Lessons 6:05 Parlementaria 6:15 Village Program 6:30 Economic Forum 7:00 Evening News 7:30 Pancasila Forum 8:05 Drama: Kabar Burung 9:00 World News 9:25 Journal of World Cup 1994...

More paying counters needed

More paying counters neededFrom Sinar PagiBank Dagang Negara (BDN) on Jl. Juanda needs to make more counters available for consumers to pay their monthly telephone bills, so that they need not wait for hours to take care of their business.

Thomas Cook, BA offer prizes

Thomas Cook, BA offer prizes JAKARTA (JP): Thomas Cook and British Airways have joined to offer travelers cheque users glamorous prizes in an Asia-wide grand draw. The prizes include business class return flights to London and what the sponsors call "VIP" treatment in the British capital as well as...

Outstanding works by Spanish artists on display here

Outstanding works by Spanish artists on display hereBy Carla Bianpoen JAKARTA (JP): Amid the art exhibitions proliferating in the capital city today, the Spanish Modern Art Exhibit at the Lagoon Tower of the Jakarta Hilton International is in a class apart.

Djajanti awaits minister's reference for share offering

Djajanti awaits minister's reference for share offering JAKARTA (JP): Minister of Forestry Djamaloedin Soeryohadikoesoemo reiterated yesterday that he has yet to issue a recommendation for PT Artika Optima Inti to go public.

Victoria's trade office here

Victoria's trade office here MELBOURNE (Reuter): Victoria, Australia's second most populous state, said yesterday it has chosen Indonesia as the site for its newest trade office in Asia.The state will open the office in Jakarta as part of the Australia Today trade and cultural promotion in...

Thousands of families to lose homes to ring road project

Thousands of families to lose homes to ring road project JAKARTA (JP): Thousands of families in South Jakarta will lose their land this year for the development of another segment of Jl. TB Simatupang ring road, an official said yesterday."The exact numbers are not available.

59-year-old man dies in the saddle

59-year-old man dies in the saddle JAKARTA (JP): A 59-year-old man died while having sex at a massage parlor in downtown Kota, West Jakarta, Sunday evening.Police identified the victim as Pradikto Suratno, who lived at Jl.

Nepalese gets life imprisonment

Nepalese gets life imprisonment A former Nepalese police officer, Ramral Maharjan, was sentenced to life imprisonment by the Tangerang court on Saturday for smuggling heroin into the country.Judge Antonius Edwar Hartanto found the 38-year-old defendant guilty of illegally carrying 3.

School contribution

School contributionFrom KompasI was astonished to learn that to enroll a child in a government elementary school in Tangerang, West Java, the parents must pay a building contribution ranging from Rp 50,000 to Rp 100,000, as well as Rp 25,000 for school uniforms.

Public telephones

Public telephonesFrom JayakartaPublic telephones are a crucial factor in the era of communication, even more so in the era of globalization.However, I would like to complain about the shortage of public telephones on our campus.

Keating starts RI visit amid press ban fury

Keating starts RI visit amid press ban fury JAKARTA (JP): Australian Prime Minister Paul Keating arrived here yesterday for a three-day trip to lend support to an on- going huge Australian trade and cultural promotion program.

Barito Pacific triples capital to $1.38 billion

Barito Pacific triples capital to $1.38 billion JAKARTA (JP): PT Barito Pacific Timber (BPT), Indonesia's largest logging and plywood manufacturer, reported yesterday a sharp increase in its authorized capital to Rp 3 trillion (US$1.38 billion) from only Rp 850 billion.

RI Moslem experts debate human genetic engineering

RI Moslem experts debate human genetic engineeringBy Riyadi JAKARTA (JP): Should Indonesia apply genetic engineering technology to human beings? This question is haunting Indonesian Moslem scientists and a seminar on the subject here on Saturday ended inconclusively.

International kite festival held here

International kite festival held here JAKARTA (JP): Dozens of kite lovers, including those from overseas, will take part in the three-day International Kite Festival 1994 at Monas (National Monument) park in Central Jakarta beginning Friday.The festival, which will run from 10 a.m. to 5 p.m.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambassador Lounge: Amir (pianist) Monday to Friday 7:30 a.m. to 9:30 a.m., Saturday 8 a.m. to 10 a.m.; Boece (pianist) & Rima Monday to Thursday 7 p.m. to 11:30 p.m., Friday & Saturday 7 p.m. to 12:30 a.m.

Ford to invest in China projects

Ford to invest in China projects SHANGHAI (Reuter): Ford Motor Co has signed joint venture accords with two Shanghai companies to produce automotive components, moving it closer to its goal of vehicle assembly in China, company officials said.

Fire razes 200 kiosks

Fire razes 200 kiosks MAJALENGKA, West Java: Fire gutted about 200 kiosks at the Prapatan market here on Saturday, causing at least Rp 879 million in financial losses.The fire was believed to have been caused by an electrical short-circuit, the Antara news agency reported.

Fire guts Kramat Jati market

Fire guts Kramat Jati market More than 200 fruit and vegetable kiosks at the Kramat Jati central market in East Jakarta were reduced to ashes after a fire razed it early Saturday morning.At least 11 fire engines from the East Jakarta fire department were called in at 4:36 a.m.

Governor's instructions

Governor's instructionsFrom NeracaWhen I visited a friend at a housing complex for the employees of the Jakarta Administration I learned with concern that almost 90 percent of the residents ignored the governor's instruction to hoist flags on June 21, 22 and 23, to mark Jakarta's anniversary.

ITB expels 35 students

ITB expels 35 students BANDUNG: The Institute of Technology Bandung has dismissed 35 students for acting as jockeys, or persons paid to take up entrance tests to the prestigious state college."We took the decision after studying the results of an investigation by the disciplinary commission,"...

Rights Commission and its constraints

Rights Commission and its constraintsBy Hendardi JAKARTA (JP): Last year, the National Commission on Human Rights, known by the Indonesian acronym of Komnas HAM, was established by Presidential Decree No. 50/1993. Its members were appointed through Presidential Decree No. 455/1993.

S'pore beverages group profit up

S'pore beverages group profit up SINGAPORE (AFP): Singapore's leading food and beverage manufacturer, the Fraser and Neave group, recorded a net profit of S$43 million (US$28 million) for the half-year ending March 31, officials said.

Government and abuse of power

Government and abuse of powerFrom Forum KeadilanIt seems that abusing power is the most popular issue among Indonesian government officials. Those who should uphold and enforce the principles of the 1945 Constitution and Pancasila prefer to misuse their power to enrich their own families,...