Indonesian Political, Business & Finance News

Archive: 10 November 1994

58 articles found

Japanese govt supports Soeharto's initiative

Japanese govt supports Soeharto's initiative JAKARTA (JP): Japanese Ambassador to Indonesia Taizo Watanabe is confident that Tuesday's APEC leaders meeting in Bogor will be a milestone in advancing further economic development in the Asia Pacific region.

Indonesia to name team for bridge meet

Indonesia to name team for bridge meet JAKARTA (JP): Five best pairs from the National Bridge Invitational tournament due to start today will represent Indonesia for the Far East Bridge Federation Championship (FEBFC) next year.

Leaping into high tech

Leaping into high tech Indonesia, a nation with a per capita income of less than $700, leaps into high technology today when President Soeharto, currently chairman of the 18-member APEC and 108-country Non- Aligned Movement, unveils Indonesia's first domestically designed and produced medium-range...

APEC set to expand secretariat

APEC set to expand secretariat JAKARTA (JP): The Asia-Pacific Economic Cooperation (APEC) forum is set to revamp its secretariat in Singapore to support its expanding activities.Indonesia's Wisber Loeis, the chairman of the Senior Officials Meeting (SOM), told journalists here yesterday that a task...

Another labor activist jailed

Another labor activist jailed MEDAN, North Sumatra: The Medan state court yesterday sentenced Soniman Lafau, the vice chairman of the Medan chapter of the Indonesian Welfare Labor Union (SBSI), to nine months in jail after convicting him of inciting violence.

Should ASEAN endorse free trade plan?

Should ASEAN endorse free trade plan?By Makmur Keliat JAKARTA (JP): Where is APEC headed? For some, such as the recent proposal submitted by the Eminent Persons Group (EPG) indicates, APEC is expected to be something more than merely a consultative forum projected as a free trade area.

Exiled Fretilin members to meet with Soeharto soon

Exiled Fretilin members to meet with Soeharto soon JAKARTA (JP): A group of East Timorese, in exile opposing the integration of their homeland with Indonesia, will soon meet with President Soeharto to thank him for his efforts to develop the territory, an official says.F.X.

TV Today

TV TodayTVRI 2:30 p.m. TV Series: Wide World Of Kids 3:05 Children's Program 3:30 TV Series: Emergency Call 4:30 Woman's World 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...

China urges flexibility on free trade

China urges flexibility on free trade SINGAPORE (Agencies): China used the second day of a visit by its president to Singapore yesterday to plug a "flexible" approach towards liberalized regional trade and to enhance ties with this prosperous city state, a major investor in the Middle Kingdom.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

S'pore worries over shift in trade strategies

S'pore worries over shift in trade strategies SINGAPORE (AFP): Singapore is worried that multinationals may be looking elsewhere to set up shop in Asia due to rising costs in Singapore, according to a report here yesterday.

Mexico-S'pore tax pact

Mexico-S'pore tax pact SINGAPORE (AFP): Mexico and Singapore signed yesterday a tax agreement to promote bilateral trade and investment, and the exchange of expertise, officials said.The agreement was signed by the Mexican Secretary for External Relations, Manuel Tello and Singapore's Finance...

Tommy pays Rp 251 billion debt to clove farmers

Tommy pays Rp 251 billion debt to clove farmersBy Johannes Simbolon JAKARTA (JP): It could be considered the most flamboyant odyssey of debt paying ever undertaken in this country.Hutomo Mandala Putra, the youngest son of President Soeharto, who is better known as Tommy, invited 50 people aboard...

U.S. defends its stance on investment code

U.S. defends its stance on investment code JAKARTA (JP): The United States has insisted that its opposition to an investment code discussed on Tuesday is for the future good of the Asia Pacific Economic Cooperation (APEC) forum.

Foreign investment, technology transfer

Foreign investment, technology transfer Foreign investment has been more than just a catalyst for economic growth and integration in the Asia Pacific region. It has also become the driving force behind the increasing migration across national borders of "high-skilled" workers and technology,...

Buses for delegates

Buses for delegates The APEC forum delegates do not need to worry about how to get to the Jakarta Convention Center from their hotels. The hospitality committee is providing shuttle buses to and from the eight designated hotels.

Guards protest over suspension

Guards protest over suspension Five security guards from PT Sucaco on Jl. Kebon Sirih, Central Jakarta, filed a complaint with the City Council over the suspension of their coordinator.Dodi Kusnadi, the coordinator, was suspended one hour after he walked out of a meeting with the president director...

Korean companies gear up investments in Indonesia

Korean companies gear up investments in IndonesiaBy Hendarsyah Tarmizi SEOUL (JP): Four major South Korean companies are gearing up to take advantage of low labor costs and the growing domestic market in Indonesia by furthering their investments in the country.

Restauranteurs target local market

Restauranteurs target local market JAKARTA (JP): In this area of emerging markets and appetites, the needs of certain restaurant enthusiasts tend to go unnoticed. Luxury hotels and five-star restaurants continue to spring up in Jakarta, catering to the palates and pocketbooks of a chosen few.

Tamara, Chinatrust tie up

Tamara, Chinatrust tie up JAKARTA (JP): Tamara Bank and Chinatrust Commercial Bank of Taiwan will soon establish a joint venture bank in Indonesia to tap the growing business ties between the two countries.

Service at airport can be improved

Service at airport can be improved As a frequent visitor to Indonesia and therefore a frequent user of Soekarno-Hatta International Airport I feel that there are many improvements that can be made at minimal cost that would improve the airport and give a much better impression of Indonesia to the...

Jakarta's top hotels get the APEC bug

Jakarta's top hotels get the APEC bugBy Lenah Susianty & Prapti Widinugraheni JAKARTA (JP): Renovating suites, adding new wings and tending to health and food inspections are just a few of the things the star-rated hotels have had to busy themselves with in order to prove they are good enough to...

Souvenir shop doing well

Souvenir shop doing well A souvenir shop selling APEC memorabilia to delegates is reporting brisk business, although the APEC conference proper has barely started.Keyrings bearing the APEC logo are sold out and the APEC pens could also disappear from the shop's stand at the APEC media center soon.

Japan aims to build a new image at APEC

Japan aims to build a new image at APECBy Eugene Moosa TOKYO (Reuter): Japan seems to have only one goal at the 18- member Asia-Pacific Economic Cooperation (APEC) forum later this week -- to shed its image as a fence-sitter in efforts to build a free trade zone in the region.

McDonald's to pay music royalties

McDonald's to pay music royalties McDonald's Indonesia, a franchisee of the American fast food restaurant, has signed a cooperation agreement with Yayasan Karya Cipta Indonesia (YKCI) to pay the copy rights for all songs played in their 24 outlets in Indonesia.

Bus driver scolded by his boss

Bus driver scolded by his boss Don't tell on your boss in front of his boss because you're sure to lose.A non-air conditioned bus driver learned this yesterday when he tried his luck with Minister of Transportation Haryanto Dhanutirto during a launching ceremony of luxury buses for delegates of the...

New buses presented for APEC

New buses presented for APEC JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto yesterday presented 105 buses to be used by delegates of the Asia Pacific Economic Cooperation (APEC) forum, participants of the APEC Ladies' Program and to carry the delegations' luggage.

Ramos shows support for workers in KL

Ramos shows support for workers in KL MANILA (Agencies): President Fidel Ramos yesterday leapt to the support of Filipino migrant workers arrested in Malaysia and ordered Foreign Secretary Roberto Romulo to take up measures to protect them with the Malaysian government.

Amoco to make PTA in KL

Amoco to make PTA in KL KUALA LUMPUR (AFP): U.S.-based Amoco Corp. said yesterday it was investing US$380 million in Malaysia to make a raw material for polyester.Amoco's purified terephthalic acid (PTA) plant, to be built in Kuantan, central Pahang state, will have a production capacity of 500,000...

ASEAN invited for dialog

ASEAN invited for dialog KUALA LUMPUR (AFP): Canada, as next year's host the Group of Seven (G-7) industrialized countries, yesterday invited ASEAN to attend a pre-summit dialog to voice the views of developing nations.

Sritex to tackle problems after debt restructuring

Sritex to tackle problems after debt restructuring JAKARTA (JP): Debt-ridden textile company PT Sritex is expected to overcome its non-performing debt problems within a year of debt restructuring.The president of state-owned Bank Dagang Negara (BDN), Subagyo Karsono, told journalists the company...

Hashish in Aceh

Hashish in AcehFrom Suara KaryaThe police have arrested many people for smuggling dried hashish from the province of Aceh. Heaps of hash has been confiscated and the smugglers jailed. In spite of this the business remains hectically hardy.

Gold certification agency planned

Gold certification agency planned JAKARTA (JP): The government is preparing for the establishment of an accreditation agency which will be authorized to determine the quality of gold products in Indonesia, a minister said."People still have varying perceptions about the quality and purity of gold.

Supreme Court's reversal deplored

Supreme Court's reversal deplored JAKARTA (JP): The National Commission on Human Rights yesterday criticized the Supreme Court's decision to reverse its own ruling on the Kedung Ombo land dispute."The latest ruling of the Supreme Court surprised the National Commission on Human Rights," Baharuddin...

High-class pimp Hartono admits almost all charges

High-class pimp Hartono admits almost all charges JAKARTA (JP): Hartono Setyawan, the most well-known panderer in the country, confessed to almost every charge made by the prosecutor in his trial at the South Jakarta District Court yesterday.

Tokyo already prepares for APEC meetings next year

Tokyo already prepares for APEC meetings next year JAKARTA (JP): Japan, which will take over the chairmanship of the Asia-Pacific Economic Cooperation (APEC) from Indonesia on Jan. 1, is already preparing the agenda for next year.

Stock Exchange

Stock Exchange JAKARTA (JP): The price drops extended on the Jakarta Stock Exchange (JSX) yesterday as sales continued dominating the trading activities.The JSX Composite Index fell for the fourth consecutive day to close at 515.12 yesterday, as compared to 515.80 on the previous day.

Ramos rejects U.S. bases in RP

Ramos rejects U.S. bases in RP MANILA (Reuter): President Fidel Ramos yesterday rejected suggestions that the Philippines again allow the United States to set up military bases in the country.He said such an idea was premature and he did not expect the issue to come up in his talks with U.S.

Two WW II planes found in Irian

Two WW II planes found in Irian SORONG, Irian Jaya: A fisherman has found the fuselages of two World War II bomber planes belonging to the United States Air Force, in Way Island, Irian Jaya.Willem Soor, 53, a fisherman from the Arei village said one of the planes, located at a depth of 37 meters,...

APEC album

APEC albumPhoto A: JournalistJP/kodREACHING FOR THE APEX: A journalist for Hong Kong-based Cable TV stands on a stepladder while taping his report. It's a tough and competitive business for television networks covering APEC and they have to find different angles for their stories.

Malaysia to manage Somalia airport

Malaysia to manage Somalia airport KUALA LUMPUR (Reuter): Malaysia, which has said it will withdraw its peacekeeping troops from Somalia, will send 62 airmen to manage the U.N.-controlled Mogadishu Airport today, the national news agency, Bernama, reported yesterday.

Airport to be built in Flores

Airport to be built in Flores KUPANG, East Nusa Tenggara: Minister of Transportation Haryanto Dhanutirto has approved plans by the Ngada regency in Flores to build an airport in Marapokot.Haryanto has asked the local administration to prepare an appropriate location for the construction of the...

Traffic jam in Pasar Minggu

Traffic jam in Pasar MingguFrom NeracaThe clearing up of sidewalk vendors in the Pasar Minggu area, South Jakarta, has only had a short term effect on the traffic. For a few days after the operation the traffic was smooth but then traffic jams became the order of the day, again.

Reporter beaten

Reporter beatenFrom NeracaI was saddened by the news report in Suara Pembaruan, Nov. 6, 1994, that Antara News Agency's reporter Johanis Latuputi, in Manokwari, was beaten up by the Head of the Agricultural Office for Food Crops in the Manokwari regency JS, and a staff member of the regional...

House members wary of APEC moving too fast

House members wary of APEC moving too fastBy Pandaya JAKARTA (JP): A number of Indonesian legislators are warning the government against pushing the idea of a free trade area in the Asia Pacific area, pointing out that the nation needs to do some housekeeping first.

Cultural dinner set for APEC group

Cultural dinner set for APEC group JAKARTA (JP): The City Culture Office will present two traditional dances at a dinner hosted by Governor Surjadi Soedirdja to welcome APEC delegates at Fatahilah Museum in West Jakarta on Nov. 13.

Medal bestowed on Fatmawati

Medal bestowed on Fatmawati JAKARTA (JP): The government has bestowed the Mahaputra Adipradana medal on the late Fatmawati, the first wife of Indonesia's first President, for her extraordinary services to the nation.

APEC smoothens process to become influential forum

APEC smoothens process to become influential forumBy Vincent Lingga JAKARTA (JP): None of the 27 ministers from 12 countries who gathered in Canberra on Nov.5-7, 1989 had expected the APEC forum they just inaugurated to be so quickly transformed into the substantial international institution it is...

Unsafe building

Unsafe buildingFrom NeracaMy house, in the Mangun Jaya II housing complex, Blok G11 No 19 in Tambun, Bekasi, West Java, collapsed a few weeks ago. The weather was fine. The calamity was not caused by an earth-quake. Fortunately, when the incident occurred nobody was home.

Korean embassy gets busy

Korean embassy gets busy The South Korean embassy has perhaps been one of the busiest diplomatic missions over the past few weeks as President Kim Young-Sam plans to make a state visit for two days before attending the APEC Economic Leaders Meeting on Tuesday.

Australia, Thailand tense over Khmer Rouge

Australia, Thailand tense over Khmer RougeBy Patrick Lescot BANGKOK (AFP): Tension has risen between two of the most important players in the Cambodian crisis ahead of the Asia- Pacific summit next week, after Canberra charged Bangkok with harboring leaders of the outlawed Khmer Rouge.

Photo and woman pilgrims

Photo and woman pilgrimsFrom PelitaAccording to the government's regulation, the photo for the passport of a female haj pilgrim should show the hair and the ears. This is not relevant to the condition of the female haj pilgrim.We request the government review this regulation.

Reflections on the law

Reflections on the law As a symbol, the goddess of justice is often depicted as a blindfolded woman. This conveys the principle that justice should be applied without discrimination.This symbolism comes to mind upon consideration of two cases which are attracting the public's attention at present.

`Dili veterans' cover APEC

`Dili veterans' cover APEC Two U.S.-based journalists who were present during the tragic incident in the East Timor capital of Dili in November 1991 will return to Indonesia this week to cover the APEC meetings.

Chile to act as bridge for APEC, S. America

Chile to act as bridge for APEC, S. America SANTIAGO (Reuter): Chile hopes to strengthen its role as an Asian bridge to South America through its membership in the Asia Pacific Economic Cooperation (APEC) forum, President Eduardo Frei said on Tuesday.

City continues public order operation for APEC

City continues public order operation for APEC JAKARTA (JP): The city administration continues in its operation to sweep sidewalk and street vendors, street singers, hookers and transvestites from major roads during the current meetings of the Asia-Pacific Economic Cooperation (APEC) forum.

Hindarto's idea on public order violators opposed

Hindarto's idea on public order violators opposed JAKARTA (JP): City Council Speaker M.H. Ritonga opposes a proposal suggesting that violators of public order regulations be ostracized from society."I think it is not proper to impose such a penalty on violators as it is against their human rights.

Soesilo to open Cilacap airport

Soesilo to open Cilacap airport SEMARANG, Central Java: Coordinating Minister of Political Affairs and Security Soesilo Soedarman is scheduled to officially open the newly renovated Tunggulwulung airport in Cilacap, on Nov. 18.