Indonesian Political, Business & Finance News

Archive: 20 October 1994

50 articles found

NU needs leaders with fresh ideas

NU needs leaders with fresh ideas JAKARTA (JP): Nahdlatul Ulama (NU), facing its biggest challenge yet in maintaining its organization and in sticking to its mission, needs leaders with fresh ideas, one of its senior leaders says. Ali Yafie, deputy chief of NU's policy making body, said yesterday that in his opinion, 10 years down the track, NU's 1984 pledge to return to its original mission as a socio-religious organization, has not been fulfilled.

Gen. Hendro in gubernatorial race

Gen. Hendro in gubernatorial race BANJARMASIN, South Kalimantan: The provincial legislative council will select gubernatorial candidates from the 19 aspirants now on their list. Among the possible candidates is Maj. Gen. Abdullah Machmud Hendroprijono, the incumbent Jakarta Military Commander with strong support from the local branch of the Association of Small- scale Entrepreneurs. Another strong aspirant is Brig. Gen.

KIA to float shares on local stock marts

KIA to float shares on local stock marts JAKARTA (JP): PT Keramik Indonesia Assosiasi (KIA), a major ceramic tile producer in the country, will sell around 30 percent of its 85 million shares to the public next month to finance its expansion program, the company's president says.

Electricity museum planned in TMII

Electricity museum planned in TMII JAKARTA (JP): The ministry of mines and energy plans to establish a Rp 15 billion (US$7.5 million) electricity museum at the Taman Mini Indonesia Indah complex in East Jakarta. Six energy-related corporations have given assistance worth US$2.25 million to help finance the projects. The six firms are Marubeni Corporation, Mitsubishi Corporation and Sumitomo Corp.

Unemployed graduate

Unemployed graduate From Republika I am a graduate of the School of Teachers Training and Educational Science, majored in educational administration, at the University of Bengkulu. I call on Minister of Education and Culture Wardiman Djojonegoro to show me the way to find a job so that I do not become a criminal, a thief, or even a murderer, just to be able to survive.

Govt must improve export credit, sack surveyors: Econit

Govt must improve export credit, sack surveyors: Econit JAKARTA (JP): The government, in order to prevent future export scams, should add post-auditing and verification mechanisms to the rediscount facility and stop hiring surveyor companies to inspect import and export documents, economists say. "There are too many loopholes in the export and import systems so far," Rizal Ramli, director of the Econit economic think tank, told reporters yesterday.

Leading world rankings

Leading world rankings LONDON (Reuter): Leading world rankings issued by the International Badminton Federation on Tuesday after the 14th event of the World Grand Prix series, the Danish Open, held in Esbjerg from Oct. 12 to 16: Men: 1. Ardy B. Wiranata (Ina) 1,700 pts 2. Poul-Erik Hoyer-Larsen (Den) 1,385 3. Thomas Stuer-Lauridsen (Den) 1,330 4. Hariyanto Arbi (Ina) 1,065 5. Joko Suprianto (Ina) 965 6. Fung Permadi (Ina) 930 7. Alan Budikusuma (Ina) 915 8. Jens Olsson (Swe) 840 9.

Victim numbers down for `Zebra'

Victim numbers down for `Zebra' JAKARTA (JP): The number of dead and wounded victims of traffic accidents in the city declined by 26.4 percent to 96 people in the last three weeks of the ongoing one-month Operation Zebra, a police spokesman said yesterday. National Police spokesman Brig. Gen. K. Ratta said on Tuesday that the number the dead and wounded reached 127 victims during the three weeks prior to the operation.

India's epidemic is the `Princess of Death'

India's epidemic is the `Princess of Death' By V. Anjaiah JAKARTA (JP): Plague was a word which struck terror into the hearts of the men of the Middle Ages. Now that word and the disease it signifies has appeared to plague a country that can ill afford it: India, where it took 52 lives and sent thousands into the quarantine wards in a panic.

Badminton

Badminton From Jayakarta It was a great pity that Susi Susanti was defeated when playing Hisako Mizui of Japan in the Hiroshima Asian Games. And so Indonesia failed to win four gold medals in the badminton event. Susi's defeat must have been a big shock to Indonesia's badminton fans. No doubt Mizui herself must be very surprised at defeating the world renown player. In this relation I would like to ask Susi whether Hisako Mizui is really better than her. Or, what is really behind her defeat?

Local investors will build container ports

Local investors will build container ports JAKARTA (JP): The government will assign two leading local companies, Humpuss and Citra Lamtorogung Persada, to construct container terminals in Jakarta and Surabaya with a total investment of US$765 million. Minister of Transportation Haryanto Dhanutirto said here yesterday that the government has finalized the deal with Humpuss to build a container port at the Tanjung Priok port in Jakarta with an investment of $495 million.

Indosat books another success in local marts

Indosat books another success in local marts JAKARTA (JP): The state-owned international telecommunications company Indosat recorded another triumph during the first day of the trading of its shares on the Jakarta and Surabaya stock exchanges yesterday after booking a successful debut on the New York Stock Exchange (NYSE) the day before.

Govt to cut import tariffs

Govt to cut import tariffs JAKARTA (JP): The government will continue to lower import tariffs and surcharges in line with plans under the ASEAN Free Trade Agreement (AFTA), Minister of Industry Tunky Ariwibowo says. He told reporters after meeting with President Soeharto here yesterday that all tariffs on imports of raw materials and components will be lowered across the board to make Indonesia's products competitive on the world market.

Drivers: Beware!

Drivers: Beware! Violators of traffic regulations on Jakarta's main streets like Jl. Sudirman, and Jl. Thamrin shall be fined Rp 1 million to Rp 6 million. This headline in the local daily Kompas of Sept. 28, 1994 edition becomes the topic of the day, in most offices. The reactions of my colleagues vary, but all unanimously agree that the penalty is too high. However, everybody agrees that the sense of discipline of drivers in general leaves much to be desired.

Foreign companies invited to develop tourist resorts

Foreign companies invited to develop tourist resorts JAKARTA (JP): The government plans to invite foreign investors to develop several areas into resorts to boost the country's tourist industry. "Based on studies funded by overseas technical assistance, in the near future there will be opportunities open for foreign investors in the tourist business, comprising hotels, resorts and tourist attractions," Director General of Post and Telecommunications Djakaria Purawidjaja said here yesterday.

Official pledges lively youth day celebrations

Official pledges lively youth day celebrations JAKARTA (JP): Arts and sports contests, social activities, tree planting and presentation of medals to dedicated youths, will enliven the commemoration of the 66th national Youth Pledge Day, next week, Oct. 28. On the national level, celebrations will be concentrated in Jakarta while on local levels, city authorities are free to hold their own activities.

Muhammadiyah halts five-day week trial at its schools

Muhammadiyah halts five-day week trial at its schools YOGYAKARTA (JP): Muhammadiyah, an influential Moslem organization, announced yesterday that it has ordered all its schools to stop trial runs of the five-day school week. The announcement came only one day after the government said that it was prepared to back down on the proposal if it proves unpopular. Muhammadiyah chairman Amin Rais told reporters yesterday that the concept has created unrest among parents, teachers and the general public.

Top MUI official defends the ulema council's record

Top MUI official defends the ulema council's record JAKARTA (JP): The Indonesian Ulema Council (MUI) has been increasingly in the news lately because it is doing its job to protect and promote the interests of the Islamic community in Indonesia, one of its leaders said. Ali Yafie, deputy chief of the council's executive board, acknowledged that MUI has earned recognition on various issues of interests to the Moslem community in recent years.

TV Today: Thursday, October. 20, 1994

TV Today: Thursday, October. 20, 1994 TVRI 2:30 p.m. TV Series: Wide World Of Kids 3:05 Music 3:30 TV Series: The Magistrate 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 Drama 8:05 TV Series 9:00 World News 9:30 Arena dan Juara 10:35 Late News 10:45 Film: Ash Wednesday Program 2 4:30 p.m.

Downtown Kota to become tourist site

Downtown Kota to become tourist site JAKARTA (JP): The city administration will transform the Kota (downtown) area in West Jakarta into a tourist attraction by permitting private investors to use old and historical buildings as hotels and restaurants, an official says. "We are still studying the possibility of issuing permits for the operation of hotels, discos and restaurants in the old buildings in Kota,"Prawoto S.

The bogus export scandal

The bogus export scandal A different viewpoint was put forward yesterday on the export credit scam which is said to have caused great financial losses to the state. As pointed out by Econit, an independent advisory group in economics, industry and trade, the much-talked-about bogus export scandal was primarily made possible by the weaknesses in the Indonesian export and import procedures, as well as the absence of a controlling mechanism.

Islanders told to go home

Islanders told to go home TERNATE, Maluku: North Maluku Regent Abdullah Assagaf has told residents of Obi islands who still live in makeshift shelters after the recent earthquake that it is now safe for them to return to their homes. Abdullah on Monday was visiting the ravaged island to inspect the damage. He said that the residents shouldn't stay too long in their temporary shelters because they are exposing themselves to possible diseases.

Murayama to APEC meeting

Murayama to APEC meeting TOKYO (AFP): Japanese Prime Minister Tomiichi Murayama will attend the November leaders' summit of the Asia-Pacific Economic Cooperation (APEC) forum in Indonesia, a foreign ministry official said yesterday. A detailed schedule for the visit has not yet been set, the official said. But the Kyodo News Service, quoting government sources, reported yesterday that Murayama is scheduled to leave Japan on Nov. 12, attend the meeting on November 15 and return home on Nov. 16.

State-owned `TVRI' and `RRI' to be merged into one company

State-owned `TVRI' and `RRI' to be merged into one company JAKARTA (JP): The government will merge the state-run television and radio stations, currently two separate state agencies, into one enterprise, but will not privatize them, Minister of Information Harmoko announced yesterday. Harmoko said Televisi Republik Indonesia (TVRI) and Radio Republik Indonesia (RRI) could be managed by one state-run company to improve efficiency and keep up with public demand.

Two officers testify at trial of top pimp

Two officers testify at trial of top pimp JAKARTA (JP): Two police officers testified yesterday at the South Jakarta District Court in the trial of three assistants of Hartono Setyawan, the country's most notorious pimp, saying that a police raid did not find any prostitutes in the pimp's residence. "Once we entered the house on July 23 at Jl. Prapanca 4, South Jakarta, we inspected all the rooms but could not find any call girls in the house," said Chief Sargeant Sudaryanto.

Garuda, DAMRI to serve APEC

Garuda, DAMRI to serve APEC The organizing committee of the Asia-Pacific Economic Cooperation (APEC) forum has signed an agreement with the national flag carrier Garuda Indonesia to arrange the ground handling and the technical maintenance of planes carrying foreign delegates.

`Yellow jacket' students give food to Benhil homeless

`Yellow jacket' students give food to Benhil homeless JAKARTA (JP): Eighteen students of the prestigious University of Indonesia yesterday visited a disputed plot of land in Bendungan Hilir, Central Jakarta, to donate foodstuffs including rice, sugar, coffee, milk and instant noodles to homeless squatters there.

100 teenagers seek to `borrow' arson suspects

100 teenagers seek to `borrow' arson suspects JAKARTA (JP): About 100 unidentified teenagers surrounded police stations in the wee hours yesterday, asking to "borrow" detainees suspected of having burnt the command post of the National University's student regiment in South Jakarta on Tuesday. Informed police sources said that they were driving at least 25 cars and some of them were in military-look clothes.

Officials must be sensitive

Officials must be sensitive From Suara Karya The people can sue government institutions which ignores or fails to respond to the people's inquiry. In fact, each institution has the responsibility to attend to the people's demand for explanation. In this connection, lawyers are hoped to be able to show the people how to file a law suit against negligent officials. YASIMUN Kebumen, Central Java

Govt to hike electricity tariffs

Govt to hike electricity tariffs JAKARTA (JP): The government yesterday confirmed its plan to increase electricity billing rates by around three percent next month. "We will hold a meeting with leaders of Commission VI of the House of Representatives (DPR) this week to seek their support for the planned tariff increase," Minister of Mines and Energy I.B. Sudjana announced yesterday after opening a workshop on power generation.

Clinton, Soeharto to see signing of LNG contract

Clinton, Soeharto to see signing of LNG contract JAKARTA (JP): U.S. President Bill Clinton and Indonesian President Soeharto are expected to witness the signing of a contract for a US$34 billion natural gas liquefaction project in Natuna of Riau.

Overseas magazines subscriptions

Overseas magazines subscriptions I would like to recount my experiences of subscribing to two overseas magazines, namely Fortune and Time, the distribution of which are handled by Gunung Agung/NV Indoprom Co (Indonesia) LTD. To my utter disappointment both magazines are delivered irregularly and erratically, by that I mean, I don't receive all the issues. Some are missing and others are delivered in a batch (several issues at the same time).

Palm oil credit questioned

Palm oil credit questioned KUALA LUMPUR (AFP): Malaysia said yesterday it would ask the World Bank why Kuala Lumpur could not continue its credit scheme for palm oil buyers when the United States and Europe were allowed to provide other forms of farm credit. "The World Bank thinks it is wrong for us to give credit. Developed countries can and we want to find out why we cannot," Prime Minister Mahathir Mohamad said.

RI, Aussie sign housing accord

RI, Aussie sign housing accord JAKARTA (JP): Indonesia and Australia yesterday signed a memorandum of understanding on housing and urban development which will improve the partnership between the two countries. The accord, signed by Australian Deputy Prime Minister for Housing and Regional Development Brian Howe and Minister of Public Works Radinal Moochtar, will put in place an institutional framework for cooperation between the two countries in housing and urban development.

Indonesian Dance Festival '94

Indonesian Dance Festival '94 A bevy of both domestic and foreign choreographers will present their creations at the Indonesian Dance Festival '94, scheduled to be opened tonight. The fifth five-day festival is held by the Jakarta Art Institute at Taman Ismail Marzuki in cooperation with the Jakarta Art Foundation, the Jakarta Arts Building and Taman Ismail Marzuki. Sardono W.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued rising on the Jakarta Stock Exchange (JSX) yesterday. The broad-based Composite Index closed 8.34 points higher at 518.97 yesterday from 510.63 on Tuesday, while the narrower-based GTDBS-50 Index rose to 123.87 from 123.74. Increasing shares were the newcomer Indosat, which enjoyed the highest increment of Rp 1,475, followed by Ometraco Finance (up Rp 350), Hotel Sahid Jaya (up Rp 250), Gudang Garam (up Rp 200) and Petrosea (up Rp 200).

Pilgrims' hospital to be inaugurated

Pilgrims' hospital to be inaugurated President Soeharto is scheduled to inaugurate a haj pilgrim hospital in Pondok Gede, East Jakarta, next month. The Antara news agency reported that the construction of the hospital, which will be able to accommodate around 4,000 pilgrims from Jakarta, was completed on Sept. 15. Chief of the City Health Office Soeharto said that all of Jakarta's Moslems who intend to perform the Haj pilgrimage will be required to undergo a medical check-up at the new hospital.

U.S. and Vietnam may open mission this year

U.S. and Vietnam may open mission this year HANOI (Reuter): Vietnam repeated yesterday its hopes that U.S. and Vietnamese diplomatic missions would open in the two capitals this year, but a U.S. official said no schedule had been agreed. Foreign Minister Nguyen Manh Cam met U.S. Secretary of State Warren Christopher in Washington this week and "expressed the hope that the liaison offices will be established before the end of this year...," the official Vietnam News Agency (VNA) reported.

Fine arts exhibit: A momentous first for Jakarta

Fine arts exhibit: A momentous first for Jakarta By Jason Tedjasukmana JAKARTA (JP): More than just a grouping of important artworks awaits the public at the Shangri-La Hotel. The Jakarta International Fine Arts Exhibition is historical in scope, unbridled in ambition and a first on many levels. In short, it is perhaps one of the most significant cultural events to take place in recent Indonesian memory.

Last Indonesian pair tumbles at Men's Challenger

Last Indonesian pair tumbles at Men's Challenger JAKARTA (JP): The combination of Benny Wijaya and Suwandi became the last home pair to fall at the US$50,000 Indonesia Men's Challenger tennis championships when they lost 6-7 (5-7), 2-6 to British third seeds Andrew Foster and Danny Sapsforo yesterday.

Islam has no objections to big business

Islam has no objections to big business JAKARTA (JP): The Islamic community has no objection to big corporations in Indonesia as long as their business practices are consistent with Islamic teachings, a noted Moslem scholar said yesterday. "The practices of the nation's conglomerates are not viewed as running against Islamic teachings, if the assets are obtained and spent in Islamic ways," M.

Accident insurance for hard workers

Accident insurance for hard workers Head of the Jakarta chapter of the All-Indonesian Workers Association Salam Sumangat has said that all seasonal construction workers are entitled to accident insurance. "All workers who are involved in an accident at work have the right to receive insurance money," Salam said. This remark was made apparently to alleviate confusion as to whether construction workers are entitled to such insurance.

Remarks on ex-prisoners clarified

Remarks on ex-prisoners clarified JAKARTA (JP): A member of the National Commission on Human Rights yesterday said that it is too early at this stage to talk about seeking the release of former communists who have been in jail for nearly 30 years.

Where to go in Jakarta:

Where to go in Jakarta: Music * Borobudur Inter-Continental, Jl. Lapangan Banteng Selatan, Central Jakarta: - Kintamani Pavilion: Traditional Dances & Songs Friday, Italian Night Wednesday, all from 7 p.m.. - Pendopo Tea Lounge: Monika Rosca, pianist from Poland, daily 4 p.m. to 7:45 p.m.; Sylvia Howard, jazz/blues singer from the U.S., Monday to Saturday from 9 p.m. to 12:45 a.m.

Museum receives grants from Japan

Museum receives grants from Japan JAKARTA (JP): The Japanese government has donated Rp 980 million (US$449,541) worth of equipment to the Jakarta textile museum to help facilitate its function as the center for textile education and information. The donation was officially given by the Japanese ambassador Taizo Watanabe to deputy governor of Jakarta R.S. Museno in a ceremony at the museum on Jl. Jati Petamburan, West Jakarta, yesterday.

Japanese tourist presumed dead

Japanese tourist presumed dead JAYAPURA, Irian Jaya: A Japanese tourist and his local porter believed to have drowned in the Baliem River last month were officially declared missing yesterday after rescue workers discontinued their search for the bodies. Head of the Jayawijaya Tourist Agency, Edy Tambayong, said that Shinichiro Minamide, 20, and the porter, Eligius Asso, 21, fell into the river on Sept.14 when the old suspension bridge they were crossing collapsed.

PT Intercon's facilities called for

PT Intercon's facilities called for City councilor Saud Rahman has questioned why PT Intercon is delaying the construction of social and public facilities in Taman Kebon Jeruk housing complex in West Jakarta. "I am concerned about this matter because the company has not built the facilities even though the firm has been operating there since the 1980s," Saud Rahman, councilor from the United Development Party, told reporters on Tuesday.

Parcel service

Parcel service This is a response to the letter by Soekarno published in the Sunday issue of The Jakarta Post on Oct. 2, 1994, entitled Trauma due to parcel service. As an international courier service company, UPS operates its services under the Convention for the Unification of Certain Rules, relating to international carriage by air. The terms and conditions of a customer's rights and liabilities are described on the UPS waybill.

Indonesia, Britain to boost ties in energy industry

Indonesia, Britain to boost ties in energy industry JAKARTA (JP): The state electricity company PT PLN yesterday signed memorandums of understanding with two British firms, National Power and National Grid corporations, for cooperation in power generation and distribution. The deals were signed by PLN's president Zuhal, National Power's director of international business Peter Windsor, and National Grid's general manager for business development Clare Phelan.

Roads to world peace more complex (1)

Roads to world peace more complex (1) This article is based on statement made by Indonesian Foreign Minister Ali Alatas at the 49th session of the United Nations General Assembly on Oct. 4. This is the first of a two-part article. NEW YORK: Although the demise of the Cold War has reduced the threat of nuclear war, it has not eliminated the danger posed by nuclear weapons. Nuclear disarmament remains an imperative.