Indonesian Political, Business & Finance News

Archive: 6 October 1994

51 articles found

Dual function updated

Dual function updated The socio-political function of the Armed Forces (ABRI) has continued to be a relevant topic as time passes. President Soeharto said in his speech at the celebration of ABRI's 49th anniversary yesterday that the military's role is still required in the defense and security and socio-political domains.

Eviction plan upsets dwellers of apartment

Eviction plan upsets dwellers of apartment JAKARTA (JP): Occupants of low-cost apartments owned by city- owned property developer PD Sarana Jaya in Penjaringan, North Jakarta, are protesting the company's branch manager's plan to evict them. "A total of 25 occupants should leave the apartment on Oct. 8 because they cannot afford to pay a certain amount of money to Ardjan, the branch manager," said Gunadi, spokesman of the delegation, to City Council commission A.

Veep changes itinerary

Veep changes itinerary LANGSA, Aceh: The thick haze over parts of Aceh has forced Vice President Try Sutrisno to change the itinerary for his visit to the province this week. Try will still tour the province but he has had to scrap his plan to visit the transmigration site in Jagong Reget in Central Aceh, according to the Antara news agency. The highlight of his one-day visit to Aceh instead will be at Penaron in East Aceh. Try and his wife, Mrs.

Clear-cut rules on tax facilities for pension funds called for

Clear-cut rules on tax facilities for pension funds called for JAKARTA (JP): Executives of pension funds and tax consultants want the government to issue a clear-cut regulation on procedures for tax exemption given to pension funds. Achmad Hadibroto, a tax consultant at Hans Tuanakotta & Mustofa public accounting firm, said yesterday that the government's present policy on tax facilities for pension funds is not only confusing but also ineffective.

Rendra reads his poems for ABRI

Rendra reads his poems for ABRI JAKARTA (JP): Vocal poet W.S. Rendra, whose line of work in the past often brought him into conflict with the authorities, made a surprising appearance yesterday when he attended the celebration of the 49th anniversary of the Armed Forces (ABRI) Day in Denpasar, Bali. Rendra instantly became the center of attention as he appeared in the ceremony led by Chief of the Udayana Military Command Maj. Gen. R.

Workers union to revert to a federation

Workers union to revert to a federation JAKARTA (JP): The All Indonesian Workers Union (SPSI) is set to revert back to the format of a federation of several trade unions when its leaders meet in Cisarua, West Java, starting today.

Medals tally after fourth day of Asian Games

Medals tally after fourth day of Asian Games HIROSHIMA (Reuter): Medals tally at the end of the fourth day of the Asian Games yesterday: Gold Silver Bronze China 28 12 3 Japan 13 10 17 South Korea 6 4 8 Kazakhstan 2 2 2 Taiwan 1 4 5 Iran 1 3 1 Syria 1 1 0 Indonesia 0 5 3 Thailand 0 4 1 Vietnam 0 2 0 India 0 1 3 Kuwait 0 1 1 Kyrgyzstan 0 1 1 Saudi Arabia 0 1 1 Uzbekistan 0 1 0 Malaysia 0 0 4 Brunei 0 0 2 Philippines 0 0 2 Myanmar 0 0 1 Hong Kong 0 0 1 Macau 0 0 1 Nepal 0 0 1 Singapore 0 0 1...

Too much snacking bad for children: Expert

Too much snacking bad for children: Expert JAKARTA (JP): Parents beware. The jajanan, or snacks, which your children buy and eat from vendors at schools can stunt their physical and mental growth and may affect their performance at school, according to a dietitian. Soemiati Sardjono said the majority of these snacks have very low nutritional value and consist chiefly of flour and fat with little protein or mineral content, Antara reported.

Yogya gets new police chief

Yogya gets new police chief YOGYAKARTA: Lt. Col. Zairin Bustami was appointed the new chief of the city police on Monday, replacing Lt. Col. Moch. Saudi. Zairin was previously chief of the Batang police precinct in Central Java. Saudi's new position is secretary for the people's guidance section at the Central Java police precinct, Antara reported. (par)

PWI annuls support for `Simponi'

PWI annuls support for `Simponi' JAKARTA (JP): The Association of Indonesian Journalists (PWI) yesterday withdrew its recommendation to the chief editor of Simponi only a day after the weekly magazine launched its first new-look edition.

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.

Higher minimum wages sought

Higher minimum wages sought SEMARANG, Central Java: The state-sponsored All Indonesian Workers Union (SPSI) proposed that the provincial administration increase the minimum daily wage from Rp 2,700 ($1.2) to Rp 3,400. Tambah Soedjio, the local chairman of SPSI, said that the 25.9 percent increase would help laborers live better, adding that Rp 2,700 was lower the province's minimum standard of living of Rp 3,150.

Dam project delayed

Dam project delayed PURWOKERTO, Central Java: A severe cement shortages has delayed the construction of the Gerak Serayu dam in Banyumas. The late arrival of the cement has forced construction workers to delay building parts of the dam which require cementing, project manager of the irrigation project K.S. Djasmani said. Djasmani said workers have been ordered to finish parts of the dam which do not need cement so that the construction would not come to a complete stop.

Residents protest over school plan

Residents protest over school plan JAKARTA (JP): Hundreds of Jelambar residents protested a private foundation's plan to build a technical high school on a 3,000-square-meter plot saying that the plot has been designated by the city as a public park. "Based on the information I got from the West Jakarta planning office, the location code is OOL meaning that the land is already allocated for a public park," R.V.L.

Major reshuffle at City Hall

Major reshuffle at City Hall Governor Surjadi Soedirdja has said he is sticking by his decision to reshuffle the staffing at agencies under the city administration. The policy requires that senior officials rotate to different posts every three to five years. "The job rotation is in line with the regeneration process and is expected to encourage young staffers with potential to apply better management," Surjadi said on Tuesday at the inauguration ceremony of the city's eight new top officials.

Tire plant planned

Tire plant planned TOKYO (AFP): Japan's Yokohama Rubber Co. Ltd. is negotiating with Indonesia's largest tire maker, PT Gadjah Tunggal, over the construction of a tire plant in Indonesia, a Yokohama Rubber spokesman said yesterday.

Man shot dead for stealing wood

Man shot dead for stealing wood DEMAK, Central Java: A man was shot dead and two others escaped after stealing teakwood from a forest in Karangawen, Demak, on Saturday. Quoting sources at the provincial police in Semarang, Antara reported that the suspect, identified as War, 20, was shot in his back and died on his way to the town hospital. Warning shots were fired but the forest rangers were unable to detain the criminals fleeing the scene. The two escapees are still at large. (rms)

Building trust in the law

Building trust in the law Indonesians are becoming more daring in expressing their views. They are even finding the courage to take their cases to the State Administrative Court. Since there can be no happiness without justice, they are making more of an effort to realize a greater equality before the law. In light of this development, no less a person than President Soeharto has, on earlier occasions, advised our law enforcers to be constantly mindful of the emergence of such a climate.

ABRI must lift nation's welfare

ABRI must lift nation's welfare JAKARTA (JP): The Armed Forces (ABRI) must share in the effort to improve the nation's welfare besides its main responsibilities in defense and security, President Soeharto says.

What is behind colors in painting?

What is behind colors in painting? By Carla Bianpoen JAKARTA (JP): The use of color has always been of great importance to artistic expression in various cultures, but rarely, if ever, have different interpretations of color been thematic in a painting exhibition. A current exhibition at the Gedung Pameran Senirupa Depdikbud at Jl. Merdeka Timur 14, Central Jakarta, features 14 colors Indonesian painter Nunung W.S.

BKKBN chief turns dream into reality

BKKBN chief turns dream into reality By Santi WE Soekanto JAKARTA (JP): The Asian Management Award trophy presented recently to Chairman of National Family Planning Coordinating Board (BKKBN) Haryono Suyono is inscribed with the scrolled motto Plus Ultra, signifying that "there is more beyond and more to achieve." The award also bears the symbol of the globe, illustrating the new breed of managers needed for Asian organizations in the 1990s and beyond, managers who are truly global managers.

Rabies kills seven people

Rabies kills seven people PADANG, Sumatra: A rabies epidemic in the province has intensified in recent months with seven people reported to have died from the infectious disease. Antara said that almost every provincial husbandry office received reports about people bitten by rabid dogs. Between April and September, 479 people were bitten by dogs carrying the disease. Of these, 275 developed full-blown rabies.

Indonesia calls for multilateral debt reductions

Indonesia calls for multilateral debt reductions JAKARTA (JP): Indonesia's Coordinating Minister for Economy and Finance Saleh Afiff on Tuesday asked the World Bank to use its profits to finance multilateral debt reductions for the debt- distressed developing countries. Afiff also proposed at the annual meetings of the International Monetary Fund and the World Bank in Madrid that the IMF sell part of its gold reserves and use the proceeds to finance the debt reductions.

RI firm floats bonds

RI firm floats bonds JAKARTA (JP): PT Eka Gunatama Mandiri, a major shareholder of listed company PT Mulia Industrindo, has floated convertible bonds worth US$40 million on the London Stock Exchange. Tony Surjanto, director of Mulia Industrindo, a ceramic tile producer listed on the Jakarta Stock Exchange (JSX), annnounced yesterday that the company has the option to increase the value of the bonds to $45 million. "The interest rate of the bonds is set at four percent per annum," Tony said.

Indonesia asserts the need for UNSC enlargement

Indonesia asserts the need for UNSC enlargement JAKARTA (JP): Minister of Foreign Affairs Ali Alatas at the United Nations asserted that the enlargement of the Security Council's membership must be based on geographic, political and demographic factors. "While the principle of geographic representation is important, it should not be the only criterion to determine eligibility for new permanent members," he said in his address before the 49th session of the UN General Assembly on Tuesday.

Minister tells PPD bus firm to improve public service

Minister tells PPD bus firm to improve public service JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto has asked the newly inducted board of directors of the city bus company PPD to take proper measures to improve its service to the public. "PPD, as a state-owned company, should take a leading role in efforts to better serve the public," Haryanto said.

TV Today

TV Today TVRI 2:30 p.m. Special News: Asian Games XII 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, Our 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: Combat 9:00 World News 9:30 Asian Games Journal 10:35 Late News 10:45 Film Program 2 4:30 p.m.

Polluted school

Polluted school I was sad to see the picture entitled Polluted School in The Jakarta Post, Sept. 23, 1994. The caption reveals that the construction of the Taman Rasuna apartments creates pollution. As far as I am aware, the primary school pupils, who have been transferred to a nearby school, have been deprived of their right to study peacefully. They deserve an environment which is free of dust and noise while they study. Students are an essential part of our national development.

Sukarno's daughter hurt by white paper

Sukarno's daughter hurt by white paper JAKARTA (JP): A daughter of the late president Sukarno says she is offended by a new government document that suggests that her father defended the Indonesian Communist Party (PKI) in the aftermath of the communist-backed aborted coup in 1965. "As Bung Karno's offspring, I'm offended by the allegation because it tarnishes my family's image," Sukmawati Sukarnoputri said in a telephone interview with The Jakarta Post.

Police to arrest Yorrys for another case

Police to arrest Yorrys for another case JAKARTA (JP): Police have announced that they plan to arrest Yorrys Raweyai of the Pemuda Pancasila youth organization, wanted for his alleged involvement in the mysterious death of a male servant last year. Yorrys is currently believed to be in "hiding" in Singapore.

Absenteeism

Absenteeism Referring to the news report in The Jakarta Post on Sept. 24, 1994 entitled Students protest high absenteeism which was related to the letter by the Institution of Students of the Economic School, dated Sept. 14, 1994 No 001/LKFE/UKSW/IX/1994 containing among other things: 1. Hundreds of the economic students of the Christian Satya Wacana University staged a protest against absenteeism among lecturers. 2.

Joint venture to ease paperwork at port

Joint venture to ease paperwork at port JAKARTA (JP): An electronic data interchange (EDI) will improve the system of export and import documentation at Tanjung Priok seaport here, an executive says. Arief A.

Flight services resume

Flight services resume PONTIANAK, West Kalimantan: Flights connecting Pontianak with Jakarta resumed on Tuesday after heavy rain wiped away the haze which has blanketed the provincial capital for the past two weeks. The haze was caused by fires which raged through several forests in West Kalimantan's remote areas. Antara reported that scheduled flights by Buoraq, Sempati and Merpati have resumed.

Foundation denies it failed to pay rent

Foundation denies it failed to pay rent JAKARTA (JP): Ya Bunayya Foundation, co-publisher of Kiblat magazine, has denied allegations that they failed to pay the rental fee of its office to the Haj Pilgrimage Foundation (PHI) "It is not true that we failed to pay the rent as the agreement stated that we have a six months grace period during which we were allowed to use the place free of charge," Hari Utomo, the marketing manager of the magazine, told a press conference on Tuesday.

Aircraft parts duty free

Aircraft parts duty free JAKARTA (JP): Minister of Finance Mar'ie Muhammad has issued a ruling, extending the duty exemption on imports of components for repair and maintenance of aircraft for another year. Agus Haryanto, a spokesman for the ministry, said yesterday that the ruling, which took effect on Aug. 14, also includes the repair and maintenance of Indonesian airplanes overseas.

Finance executives to meet

Finance executives to meet JAKARTA (JP): The Indonesia Financial Executive Association (IFEA) will hold its fourth congress at the Sangri-La Hotel from Oct. 11 to Oct. 12. The association announced yesterday that IFEA, besides discussing its internal affairs, will also organize a panel discussion on the development of the Indonesian capital market during the congress. Coordinating Minister for Economy and Finance Saleh Afiff is expected to deliver his key note address at the discussion.

Astrud Gilberto to perform here

Astrud Gilberto to perform here Jazz vocalist Astrud Gilberto, best known for the song The girl from Ipanema, will entertain her Jakartan fans with Brazilian and bossa nova rhythms at the Jakarta Blue Note Jazz Club and Restaurant from Oct. 10 to 15. Gilberto will perform twelve times during her six day visit here. Gilberto is known throughout the world as a pioneer of the bossa nova movement in the sixties.

New water source found

New water source found YOGYAKARTA: An underground river in Bribin cave in the Semanu district in Gunungkidul is being developed into a water bank for the local people living in the arid regency. Spokesman for the administration Suhardono said a pump has been installed to turn the river into a potential water source. Suhardono said that when the capacity of the pump is improved, water shortages faced by other districts in the regency would gradually be overcome.

Divorce shakes traditional Vietnamese family structures

Divorce shakes traditional Vietnamese family structures By Le Thang Long HANOI (AFP): Divorce is becoming more common in Vietnam, where traditional family values and structures are being eroded with the advent of new lifestyles born of the country's economic opening. In Hanoi, a bastion of conservatism, the number of requests for divorces topped 2,500 in 1992 and 3,000 last year, according to statistics provided by courts in the capital. Nationwide, requests exceed 10,000 each year.

Religious education

Religious education From Republika The policy for reducing the working week from six days to five is still questionable. On one side of the coin, the five day week does have advantages. With this new system, civil servants can work more efficiently and be with their families on weekends. But what about the educational side? The five day week is going to be applied at the cost of education, particularly religious education.

Five day week

Five day week From Pelita Many comments have been made concerning the implementation of the five day work week. Many people comment on the convenience for employees without giving deeper thought to its real objectives. Some of these are: to enhance the employees' productivity and give them a chance to have a good rest at home. I doubt the above reasoning. In my opinion, longer hours of work combined with a two day weekend do not guarantee better productivity.

Train journey

Train journey From Kompas A "mind your head" slogan should be popularized among Jabotabek train passengers. It is really quite unpleasant to ride in the Jabotabek train. That the train is far too crowded with people pressed up against each other is the order of the day.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued rallying on the Jakarta Stock Exchange (JSX) yesterday with most issues gaining ground in moderate trading. The broad-based Composite Index, which closed more than two points higher at 500.72 on Tuesday, gained another 2.91 points to end at 503.63 yesterday. The narrower-based GTDBS-50 Index also strengthened to close at 122.38, as compared to 121.53 on Wednesday.

Private fund used to restore markets

Private fund used to restore markets A city official has said the city administration will use a private Rp 3 billion fund to renovate some dilapidated traditional markets managed by the Jakarta Market Authority. Prawoto said the funds came from owners of private shopping centers. "The fund will be used to renovate several old markets," said Prawoto S. Danoemihardja, assistant to the City Secretary for Economic and Development affairs.

EU duties on RI textiles

EU duties on RI textiles BRUSSELS (Reuter): The European Commission said yesterday it was reimposing import duties on textiles and clothing originating in India, Pakistan, Indonesia, Thailand and China. In a statement published in its official journal, it said it was taking the action because the countries concerned had reached their individual export ceilings to the European Union. The Commission had suspended customs duties on those countries on July 1.

Indonesia moves to men's tennis team final in Asiad

Indonesia moves to men's tennis team final in Asiad HIROSHIMA, Japan (Agencies): Indonesia moved closer to regaining its men's team tennis gold medal after winning both singles for an insurmountable 2-0 lead over host Japan in their semifinal yesterday. A Benny Wijaya-led squad will renew an Indonesia-India duel at the Asian Games tomorrow.

Haze delays flights to Singapore

Haze delays flights to Singapore SINGAPORE (Reuter): Several flights from Kuala Lumpur and Penang to Singapore were delayed yesterday by up to two hours because of a thick haze from Indonesian forest fires, an Malaysian Airlines Systems (MAS) official said. "The haze has delayed a number of flights all through the day, the situation is very bad today," the official said.

Districts face food shortages

Districts face food shortages JAYAPURA, Irian Jaya: Three districts located in the remote parts of Paniai regency are facing food shortages because incessant rains have destroyed the crops. The rain, which has fallen since May, has destroyed the sweet potatoes which are the staple of the local people's diet, chief of the provincial office of the Ministry of Social Services Oman Sudarman told Antara yesterday. The districts most affected are Kamu, Paniai Timur and Tigi.

Fire razes Kramat Jati market

Fire razes Kramat Jati market A fire razed 30 kiosks and houses in Kramat Jati, East Jakarta, yesterday morning, creating heavy traffic jams in front of the market. No casualties were reported in the blaze. The city administration deployed 12 fire engines and dozens of police officers to put out the fire and control the traffic. It took firemen two hours to put out the fire which broke out at 6.30 a.m.

Five-day week and school

Five-day week and school From Suara Karya As a layman I believe that the idea to implement the five-day week system has a positive aspect. Financially, the government can reduce the spending of state funds. But some difficulties arise in the educational sector. 1. Most schools lack the facilities which support the nine- year compulsory program. As a result many junior high schools have to operate all day long. This inevitably creates difficulty for the schools to arrange timetables. 2.

Freeport to increase copper ore output

Freeport to increase copper ore output JAKARTA (JP): PT Freeport Indonesia Company (FI), an Indonesian-American copper firm, is likely to increase its daily copper ore production to 115,000 tons next year from 70,000 tons at present, a company report says. The report said that the company anticipates producing some 499,000 tons of copper and 46.6 tons of gold per year.