{
    "success": true,
    "data": {
        "id": 1187328,
        "msgid": "private-firms-invited-for-stamp-printing-1447893297",
        "date": "1995-09-13 00:00:00",
        "title": "Private firms invited for stamp printing",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Private firms invited for stamp printing JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave proposed yesterday that the Ministry of Finance allow private firms to print duty stamps to prevent another supply shortage. \"There are many private firms which are already able to print papers such as share certificates illustrated with hologram motifs,\" he said after a hearing with Commission V of the House of Representative.",
        "content": "<p>Private firms invited for stamp printing<\/p>\n<p>JAKARTA (JP): Minister of Tourism, Post and Telecommunications<br>\nJoop Ave proposed yesterday that the Ministry of Finance allow<br>\nprivate firms to print duty stamps to prevent another supply<br>\nshortage.<\/p>\n<p>\"There are many private firms which are already able to print<br>\npapers such as share certificates illustrated with hologram<br>\nmotifs,\" he said after a hearing with Commission V of the House<br>\nof Representative.<\/p>\n<p>Joop, referring to the duty stamp crisis in several cities<br>\nover the past few weeks, said that some private firms are also<br>\nable to print duty stamps.<\/p>\n<p>The government has thus far assigned only the state-owned<br>\nPerum Peruri to print banknotes and securities papers and<br>\nappointed the state-owned postal company PT Pos Indonesia as the<br>\nsole distributor.<\/p>\n<p>Director General of Post and Telecommunications Djakaria<br>\nPurawidjaja, who accompanied Joop in yesterday's hearing, said it<br>\nwas time for the Ministry of Finance to allow private firms to<br>\nparticipate in duty stamp printing as the capacity of Perum<br>\nPeruri is limited.<\/p>\n<p>The shortage of supplies occurred after the government, under<br>\na decree effected in the third quarter of this year, decided to<br>\nincrease the nominal value of duty stamps from Rp 500 (22 U.S.<br>\ncents) to Rp 1,000 for transactions worth Rp 250,000 (US$110) up<br>\nto Rp 1 million (US$440) and from Rp 1,000 to Rp 2,000 for<br>\ntransactions valued more than Rp 1 million. Checks must carry<br>\nduty stamps of Rp 1,000 (as compared to Rp 500 previously), while<br>\ndocuments of agreements must have stamps of Rp 2,000 (Rp 1,000).<\/p>\n<p>The president of Pos Indonesia, Cahyana Ahmadi, said that his<br>\ncompany has set up a special team to distribute new duty stamps<br>\nto 30 locations in 24 cities in the country.<\/p>\n<p>Cahyana said that duty stamp sales surged from 67 million<br>\npieces in the second quarter of this year to 103 million pieces<br>\nin the third quarter.<\/p>\n<p>\"From Sep. 4 to Sep. 11, we distributed 2.79 million duty<br>\nstamps of Rp 2,000 and 2.29 million stamps of Rp 1,000,\" he said.<\/p>\n<p>He also said that even though there is no longerca rush at<br>\nmajor post offices, one person is allowed to buy a maximum of 25<br>\nduty stamps per transaction. (icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/private-firms-invited-for-stamp-printing-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}