Indonesian Political, Business & Finance News

Archive: 8 October 1994

53 articles found

British bomber expected

British bomber expected JAKARTA: A replica of an old British-made 1918's Vickers Vimy bomber will be making a stopover in six Indonesian cities, including Jakarta, on its nostalgic trip from Middlesex in Britain to Darwin in Australia. The plane is scheduled to arrive at Halim Perdanakusuma airport in Jakarta on Sunday. The other five Indonesian stops will be Semarang, Surabaya, Denpasar, Mataram and Kupang before it makes the last dash towards Darwin.

Olefin firm to ask for protection next year

Olefin firm to ask for protection next year PANDEGLANG, West Java (JP): PT Chandra Asri Petrochemical Center, the country's first olefin firm, will ask the government next year to protect its products against imports. The company's financial director, Jansen Wiraatmaja, said here on Thursday night that his company will calculate its production costs following the start-up of its plant in June next year before submitting a proposal for government protection.

Price for minivan door apparatus set

Price for minivan door apparatus set JAKARTA (JP): The City Land Transportation and Traffic Control Agency (DLLAJ), bowing to pressure from transportation companies, has agreed to reduce prices of a special door apparatus for 12- seat minivans by more than 50 percent.

NAM to synchronize plans with FAO

NAM to synchronize plans with FAO JAKARTA (JP): Senior Non-Aligned Movement (NAM) officials yesterday suggested the group synchronize members' food security programs with the existing programs of the Food and Agriculture Organization (FAO). "By supporting the United Nations food body, NAM members need not set up another food security institution," vice chairman of the Indonesian delegation for NAM's two-day senior officials meeting, Beddu Amang, said in Denpasar yesterday.

Authorities force squatters from Benhil area

Authorities force squatters from Benhil area JAKARTA (JP): Hundreds of workers and members of the civil defense corps, backed by military and police officers, demolished houses at the Bendungan Hilir fire site, Central Jakarta, after negotiations over land compensation collapsed. The officers, equipped with rattan sticks, riot shields, tear gas and automatic riffles, were on alert in areas surrounding the fire site when workers and members of the civil defense corps demolished the houses.

Current account deficit reaches over $2b

Current account deficit reaches over $2b JAKARTA (JP): Slower growth in exports, coupled with the speedier growth of imports, caused the country's current account deficit to more than double to just over US$2 billion in the January-June period from $932 million in the same period of last year.

Duty free shop

Duty free shop I recently read Sawrey Cookson's letter to The Jakarta Post, bemoaning the unfairness of the duty free card system. He may be satisfied to know that duty free is not necessarily cheap. Let consumers be warned (unless money is indeed no object) that it is wise to do extensive price and marketing survey prior to going to the duty free stores.

Improving English at speakers club

Improving English at speakers club By Lenah Susianty JAKARTA (JP): "This is a less expensive and effective way to learn or enrich your English vocabulary. You do not have to go to a private English course which will charge you between Rp 40,000 (US$18.34) and Rp 80,000 ($36.69) per hour. Just buy (the name of a local English daily)... for only Rp 700 (32 U.S. cents) you can learn English," states Kumiko Ota.

Medals tally

Medals tally HIROSHIMA, Japan (Agencies): Asian Games medals tally after Friday's competitions: Gold Silver Bronze 1. China 54 33 10 2. Japan 20 18 33 3. S. Korea 20 8 12 4. Kazakhstan 2 6 7 5. Taiwan 1 5 8 6. Iran 1 4 2 7. Syria 1 3 0 8. India 1 1 3 9. Indonesia 0 7 3 10. Thailand 0 4 3 11. Vietnam 0 2 0 12. Malaysia 0 1 5 13. Uzbekistan 0 1 5 14. Kuwait 0 1 1 15. Kyrgyzstan 0 1 1 16. Saudi Arabia 0 1 1 17. Brunei 0 0 2 18. Philippines 0 0 2 19. Singapore 0 0 2 20. UAE 0 0 2 21.

Bahasa Indonesia becoming feudalist

Bahasa Indonesia becoming feudalist JAKARTA (JP): Bahasa Indonesia, originally an egalitarian language, is turning into a language that is being used more and more in a feudalistic manner, according to language expert Taufiq Ismail. Taufiq, a prominent man of letters, a productive writer and former student activist during President Sukarno's rule, said yesterday that he sensed a feudalistic atmosphere prevailing in the country after observing the recent developments in the language.

Results

Results HIROSHIMA, Japan (Agencies): Final results on the sixth day of the Asian Games: Final results Equestrian Jumping team: 1. Japan 12.00 pts; 2. Taiwan 28.50; 3. Iran 30.00 Fencing Women's team foil: 1. China; 2. Japan; 3. South Korea Shooting Men's individual 50m free pistol 60 shots: 1. Masaru Nakashige (Jpn) 664.1 pts; 2. Wang Yifu (Chn) 659.3; 3. Xu Dan (Chn) 654.0 team 50m free pistol 60 shots: 1. China 1,680 pts; 2. Japan 1,671 3.

Vietnam raises rice exports

Vietnam raises rice exports HANOI (AFP): New market openings in the United States and the Asia are likely to boost Vietnamese rice export to a new record this year despite floods that look set to devastate the harvest in the Mekong Delta, a report said yesterday. Vietnam exported 1.6 million tons in the first nine months, the Tuoi Tre newspaper quoted a report from the Ministry of Agriculture as saying. Exports last year were at 1.8 million tons.

IPTN plane for Defense

IPTN plane for Defense BANDUNG: The state aircraft manufacturer IPTN yesterday delivered a CN-235 plane whose interior was converted into a medical evacuation carrier to the Ministry of Defense and Security. The aircraft is the fifth delivered from IPTN's plant here to the ministry. Two earlier planes were the paratrooper carrier version while two others were designed for dropping supplies at low altitude.

Illegal fee?

Illegal fee? From Neraca Every time I enter the Senayan area by taxi the guard at the gate asks me to pay an amount of money. The fee is imposed on every taxi taking passengers who want to watch sports events, visit an exhibition in the Jakarta Hilton Convention Center, (JHCC) or any event held in the area. But it is the passenger who has to bear the cost. They should make a distinction between a taxi which drops off visitors and private cars which park in the area.

Honor and dishonor on 6th day of the Asian Games

Honor and dishonor on 6th day of the Asian Games HIROSHIMA, Japan (Agencies): There was honor and dishonor on the sixth day of the Asian Games yesterday, with one of China's water babies setting a world record and a Thai soccer player evicted for drug use. About 30 athletes have been tested since the Asian Games started last Sunday and the Thai player was the first to test positive.

Workers Union wants hike in minimum wage

Workers Union wants hike in minimum wage JAKARTA (JP): The Jakarta branch of the All Indonesian Workers Union says it is high time for the government to raise the daily minimum wage due to the sharp increase in the cost of living. Pos Kota quoted Salam Sumangat, the union chairman, as saying on Thursday that he wanted to see the daily minimum wage increased from the present Rp 3,800 (US$1.38) to between Rp 4,500 and Rp 5,000.

Shorter week doesn't work

Shorter week doesn't work YOGYAKARTA: Confusion reigned after many schools decided to revert back to working six days a week, dropping entirely the move to the shorter five-day working week. Teachers and students had barely adjusted to the new system when many school administrators decided to stop the trial of the five-day working week because they deemed it unworkable.

Rural Indonesians excel at ideology, agency says

Rural Indonesians excel at ideology, agency says JAKARTA (JP): People from small towns and rural areas outside Java are just as good, if not better, than their urban and metropolitan counterparts in absorbing and understanding the Pancasila ideology, a senior government official says.

Alatas holds discussion with Horta

Alatas holds discussion with Horta JAKARTA (JP): Minister of Foreign Affairs Ali Alatas yesterday engaged in an exchange of views on East Timor with the leader of the Fretilin separatist movement, Ramos Horta. "I don't think there was anything new. We've already heard all the ideas that he expressed (during the meeting)," Alatas said as quoted by Antara in New York.

Foreigners netted in IDs operation

Foreigners netted in IDs operation Thirty-one foreigners were apprehended for traveling without carrying identification documents in an identity card check on Thursday in Central Jakarta, North Jakarta and West Jakarta. The foreigners were from Japan (9), South Korea (5), China (4), Taiwan (4), Australia (4) and one from Singapore, Yemen and Denmark. They were released shortly after each of them had paid a fine of Rp 50,000.

House seeks even lower tax rates

House seeks even lower tax rates JAKARTA (JP): The House of Representatives (DPR) yesterday reached a provisional agreement to make changes in the government-sponsored tax bills, including slashing the range of proposed income tax rates and raising the range of sales tax tariffs. Novyan Kamal, chairman of the special committee assigned by the DPR to deliberate on the tax bills, said the changes will be brought to a plenary meeting in the next two weeks for final approval.

False accusations?

False accusations? Forest fires and the dense smoke which they cause happen almost every year. What is also routine are the accusations that are hurled at the traditional farmers who practice shifting agriculture. The reason is that these groups, which usually consist of local people, do their land clearing by burning. But are the accusations justified? It may be useful to consider the research findings of the Indonesian Secretariat for Cooperation in Forest Conservation (SKEPHI).

APEC leaders to gain consensus on free trade

APEC leaders to gain consensus on free trade JAKARTA (JP): APEC leaders will likely reach a consensus on the adoption of free trade in the region during their upcoming summit in November despite differences in perceptions on the region, a visiting U.S. official says.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to rally on the Jakarta Stock Exchange (JSX) yesterday with most issues gaining ground in moderate trading. The broad-based Composite Index, which gained more than four points to close at 511.45 on Thursday, ended 3.58 points higher at 515.04 yesterday. The narrower-based GTDBS-50 Index also strengthened to 125.34 from 124.70 previously.

Indonesia, China set up Asiad semifinal battle

Indonesia, China set up Asiad semifinal battle HIROSHIMA, Japan (AFP): World number one Ardy Wiranata launched Indonesia's campaign for the Asian Games men's badminton team title here yesterday, taking his side to a semifinal against old foes China. The 24-year-old was full of bustling aggression in a 15-9, 15- 7 win over Sompol Kookasemit that set up a 5-0 triumph over Thailand and put his all-court skills on display.

East Java poultry firm plans public share offering

East Java poultry firm plans public share offering JAKARTA (JP): PT Wonokoyo Haya, an East Java-based poultry company, will launch its public share offering next month to raise funds for its expansion projects, says the company's president. Djoko Kusumo said yesterday that Wonokoyo, which is engaged in chicken breeding and feed production, will sell around 17 million new shares during the initial public offering period.

Bapindo target of another scandal probe

Bapindo target of another scandal probe JAKARTA (JP): The state-owned Bank Pembangunan Indonesia (Bapindo), barely over the Rp 1.3 trillion loan scandal involving businessman Eddy Tansil, is now the target of another government investigation. The Attorney General's office has interrogated a number of former and current Bapindo directors and staff in the past week, this time in connection with a loan the bank gave to textile businessman Kim Johannes Mulia.

Don't miss Sunday issue

Don't miss Sunday issue The problems of night transportation in Jakarta will be the focus of the cover story of this Sunday's edition of The Jakarta Post. Coverage of the Asian Games in Hiroshima and other in-depth stories, as well as light and entertaining articles, plus the latest national and world news, will be brought to you in the Sunday Post. Be sure to have your newsagent deliver your copy to your doorstep.

Rebels ambush Army patrol

Rebels ambush Army patrol ZAMBOANGA, Philippines (AFP): Moslem guerrillas ambushed Philippine soldiers on a nearby island, wounding three, military reports said yesterday. The incident occurred shortly before five Indonesian observers tasked to monitor a government cease-fire with the Moro National Liberation Front (MNLF) guerrillas arrived in this southern city yesterday.

Court grants hearing of `Tempo' versus Harmoko

Court grants hearing of `Tempo' versus Harmoko JAKARTA (JP): The Jakarta State Administrative Court agreed yesterday to grant a hearing of lawsuits filed separately by senior journalist Goenawan Mohamad and Tempo journalists against Minister of Information Harmoko. The court ruled to merge the two lawsuits into one and ordered the lawyers for the plaintiffs to improve the wording and update the list of plaintiffs. The lawyers have one week to comply.

Not everyone wants rain

Not everyone wants rain JAKARTA (JP): The East Java chapter of the Indonesian Ulema Council (MUI) has left it to the local Moslem leaders to decide whether or not to perform prayers for rain because some districts desperately need it, but others could do without it.

TV today

TV today TVRI 8:00 a.m Special News: Asian Games XII 5:00 p.m. Regional News 5:30 Science Film 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Traditional Pop Music 7:00 Evening News 7:30 Lemhanas 8:05 TV Series: Midnight Caller 9:00 World News 9:30 Asian Games XII Journal 10:00 Music 11:05 Late News 11:15 Film: Tarzan In Manhattan Program 2 4:30 p.m. Sports 5:30 City News 6:00 Music 7:00 Evening News 7:30 English News Service 8:00 TV Series: Swans Crossing 8:30 Music TPI 5:30 a.m.

DLLAJ to survey on night transportation

DLLAJ to survey on night transportation JAKARTA (JP): The City Land Transportation and Traffic Control Agency (DLLAJ) said it will conduct a survey on late night transportation in an effort aimed at developing a system acceptable to both passengers and transportation companies.

Target for oil revenues is reachable

Target for oil revenues is reachable JAKARTA (JP): The government will achieve its target of Rp 12.85 trillion (US$5.89 billion) in revenues from the oil and gas sector this fiscal year due to improving oil prices on the world market, a minister says. "The government, which was forced to use budgetary reserves last fiscal year, therefore will not need to dip into budgetary reserves again this fiscal year," Minister of Mines and Energy I.B.

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.

Myanmar, RI to raise trade

Myanmar, RI to raise trade YANGON (AFP): The Myanmarese government has agreed to increase trade and investment with Indonesia, the state-run Mirror newspaper said yesterday. It said the decision was taken Thursday at a meeting attended by two vice premiers and members of the cabinet, and followed a visit to Indonesia last December by a member of the Myanmarese junta.

General outlook for the oil market (2)

General outlook for the oil market (2) The following is the second of a two-part article based on a paper presented by Subroto at 1994 annual Indonesian Petroleum Association Convention on Oct. 4 in Jakarta. JAKARTA: The short term outlook is dominated by at least three factors, namely a strong demand, a stable OPEC output and uncertainty about Iraq. The perception is that economic growth is reviving world-wide.

Pregnant woman burns lover's house

Pregnant woman burns lover's house Cengkareng police in West Jakarta have arrested a 22-year-old pregnant woman believed to have set fire to the house of her boyfriend and his mother. The suspect, identified only as Sar, an employee of a plastic producing firm, was nabbed an hour after setting the fire, which damaged only part of the house in Kapuk area.

Gutless leaders make mockery of autonomy

Gutless leaders make mockery of autonomy JAKARTA (JP): In spite of the intensive campaign for more regional autonomy, many government leaders in the region are still reluctant to make their own decisions, according to a senior official of the Ministry of Home Affairs. Such an attitude often results in government policies being implemented in a rigid fashion, Director General for Regional Administration and Autonomy Sumitro Maskun said.

Police pledge to ban gatherings lacking permits

Police pledge to ban gatherings lacking permits JAKARTA (JP): Police warned yesterday that they will ban any gathering which lacks an official permit or recommendation papers from the authorities. "We do not disobey any rules and regulations in this country," National Police spokesman Brig. Gen. K. Ratta announced yesterday.

Forest fires

Forest fires What could a Dayak gain from starting a forest fire? They live in the forest. They rely on the forest for their survival. They understand the medicinal properties of hundreds of botanical species. What they cannot find growing abundantly in the wild they plant through the swidden system. The forest gives them everything they need and they respect it.

Govt launches month of language and literature

Govt launches month of language and literature JAKARTA (JP): Prominent man of letters and former student activist during the late 1960's Taufiq Ismail yesterday received the 1994 South East Asia Write Award and the annual Literature Award from the Center for Language Training and Development for the poems compiled in his book Tirani dan Benteng (Tyranny and Barricade, 1993).

Internal trouble brewing at `Suara Pembaruan'

Internal trouble brewing at `Suara Pembaruan' JAKARTA (JP): Trouble is brewing Suara Pembaruan, one of Indonesia's oldest and leading daily newspapers, with many of its journalists accusing the management of failure to improve the daily's waning performance.

Indonesia concedes another tennis silver

Indonesia concedes another tennis silver HIROSHIMA, Japan (Agencies): Indian Davis Cup hero Leander Paes sent Indonesia biting at its fingers for another silver medal in Asian Games tennis competition yesterday. Paes, former Wimbledon and the U.S. Open junior champion, had little trouble finishing off Indonesia's number one Benny Wijaya 6-1, 6-3 to gave the Indian team a winning 2-0 lead and the country's first gold medal at the two-week Games.

Minister joins campaign to sue columnist Manai

Minister joins campaign to sue columnist Manai JAKARTA (JP): State Minister of Public Housing Akbar Tanjung has joined fellow former student leaders who helped topple president Sukarno in 1966 in their plan to sue columnist Manai Sophiaan for slander. "We are preparing a lawsuit against Manai," Akbar, who was part of that student movement in the 1960s, announced yesterday.

Merrill sees Malaysia inflation, GDP rising

Merrill sees Malaysia inflation, GDP rising KUALA LUMPUR (Reuter): Malaysia's robust economy will start to strain at the seams next year as a tight labor market and buoyant domestic demand push up inflation and wages, Merrill Lynch said yesterday. In its Asian economic commentary made available to Reuters, Merrill said Malaysia's Gross Domestic Product (GDP) is expected to grow by nine percent next year on the back of "sound economic fundamentals" over the next 10 to 12 months.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 p.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9:00 a.m. ; at G.K.I. Pondok Indah at 6 p.m.

Parking policy at plaza protested

Parking policy at plaza protested JAKARTA (JP): Owners of Prisma Kedoya Plaza's shop/houses in West Jakarta went to the City Council yesterday to protest the new parking policy imposed by the developer requiring them and visitors to pay a parking fee starting on Oct. 1.

Agriculture college produces mostly white collar workers

Agriculture college produces mostly white collar workers By Prapti Widinugraheni BOGOR, West Java (JP): The Bogor Agriculture Institute (IPB), one of the country's most prestigious universities, has unfortunately not lived up to its name. The state college, the only one in the country that specializes in the science of farming, has been churning out mostly white collar workers looking for fixed incomes and job security.

Bogor-based IPB graduates can make it almost anywhere

Bogor-based IPB graduates can make it almost anywhere JAKARTA (JP): If graduates of the Bogor Agricultural University (IPB) don't exactly end up becoming farmers or entrepreneurs, where do they head off to after they complete their studies and enter the real world? Mangiring L. Toroean, a 1967 graduate of IPB's school of fisheries, ended up as vice president of Citibank.

Allied plane returned

Allied plane returned BIAK, Irian Jaya: The Indonesian government on Friday handed over the wreckage of an Allied plane that had been missing after being shot down during the height of World War II. Antara reported yesterday that parts of wreckage of the plane, identified as a P-47 type, were handed to U.S. authorities which in turn flew them out to Honolulu.

Fire victims can rebuild houses

Fire victims can rebuild houses Victims of Wednesday's fire that burned down 24 kiosks and five residential houses at Kramatjati, East Jakarta, have been allowed to rebuild, provided that all keeps in line with the rules, East Jakarta Mayor Sudarsono says. "They (the fire victims) have suffered much because of the fire and we don't want to make life even more difficult for them. Therefore I have announced that they can rebuild their kiosks and houses," Sudarsono said as quoted by Pos Kota.

Banning of film

Banning of film The recent banning of yet another film caused me to wonder whether Indonesian citizens will ever be allowed the chance to make up their own minds about anything. As this nation strives toward development it seems that self-appointed arbiters of morality are robbing its inhabitants of their sense of responsibility, to say nothing of their freedom of choice. Surely if a film somehow offends religious beliefs it is up to the individual to decide whether to see it or not.