Indonesian Political, Business & Finance News

Archive: 15 November 1994

50 articles found

South Jakarta's sanitation inspected

South Jakarta's sanitation inspected South Jakarta Mayor H. Pardjoko toured his mayoralty on Sunday to inspect its standards of sanitation. In his visit, on Jl. Darmawangsa, the mayor ordered his subordinates to remove a pile of stones and rubble, which were piled up in front of a luxury house. The mayor warned that his administration will take strong measures if the house owner did not do anything to improve the cleanliness of the area.

Jiang says China is not a threat to the U.S.

Jiang says China is not a threat to the U.S. JAKARTA (JP): China assured the United States yesterday that the Beijing government will not pose a threat to the Washington administration, either politically and economically, because the two countries share a broad area of cooperation. During a meeting here yesterday, Chinese President Jiang Zemin told U.S.

Clinton satisfied at E. Timorese handling

Clinton satisfied at E. Timorese handling JAKARTA (JP): United States President Bill Clinton said yesterday he had been given assurances by the Indonesian government that the 29 young East Timorese who are occupying the U.S. embassy parking lot will not be punished when their standoff comes to an end. "We have been assured that there will be no retribution against them for exercising their political expression and bringing their concerns to us," Clinton told a press conference at the U.S.

Forex and stocks

Forex and stocks Notice: Due to Jakarta's public holidays on Monday Nov. 14 and Tuesday Nov. 15, Bank Indonesia (the central bank) and the Jakarta Stock Exchange will not hold clearing transactions and share trading. Therefore, The Jakarta Post will not be publishing the tables of foreign exchange conversion rates and stock price quotations in today's and tomorrow's editions. -- Editor

Robbery in Bekasi

Robbery in Bekasi Four burglars robbed a house owned by Jiman, a resident of the Cibitung village in Bekasi, and got away with Rp 1 million cash and 63 grams of gold jewelry on Sunday. Suara Karya daily reported yesterday the burglars broke into Jiman's house at 3 a.m. Jiman awoke when he heard noises but found the burglars were already in his living room when he finally investigated.

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. - Ambassador Lounge: Amir (pianist), Monday to Friday, 7:30 a.m. to 9:30 a.m.; Saturday 8 a.m. to 10 a.m.; Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.; Sunday from 12:30 p.m.

Now it's Clinton's turn to reassure the Japanese

Now it's Clinton's turn to reassure the Japanese JAKARTA (Reuter): U.S. President Bill Clinton assured Japan yesterday that his policy will not change because of the defeats suffered by his Democrats in last week's mid-term congressional elections, Japanese officials said. "I am not worried at all about your coalition government now," Japanese officials quoted Clinton as telling Prime Minister Tomiichi Murayama.

Architecture in Jakarta

Architecture in Jakarta From Kompas The physical development in Jakarta -- Jl. Jenderal Sudirman, Jl. Gatot Subroto and Casablanca areas -- is amazing. High-rise buildings with various architectural designs and functions are found in these areas. Unfortunately, all the buildings look similar to ones we find in other countries like Tokyo, Hong Kong or New York. And none of the buildings -- hotels, apartments, and shopping centers etc. -- reflects Indonesia's traditional architecture.

40 locations prone to AIDS

40 locations prone to AIDS JAYAPURA, Irian Jaya: The health training center chief in Irian Jaya, Sandjaja, announced yesterday there are 40 locations in the province prone to the spread of AIDS. Ten of the 40 locations are in Jayapura regency, eight in Merauke, four respectively in Fak-Fak, Jayawijaya, Biak Numfor and Manokwari, three in Sorong and two in Paniai, he said.

Yayuk earns doubles title with Romana

Yayuk earns doubles title with Romana JAKARTA (JP): Yayuk Basuki and Romana Tedjakusuma earned their first professional women's doubles title at the Wismilak Open tennis championships in Surabaya, East Java, without breaking into a sweat on Sunday. Their Japanese opponents, Kyoko Nagatsuka and Ai Sugiyama, failed to appear since Sugiyama remained debilitated from the illness she suffered in her unfinished singles final against German Elena Wagner.

S. Korea to invest in home appliance base

S. Korea to invest in home appliance base SEOUL (AFP): South Korea's Goldstar Co. will invest US$580 million in Indonesia over the next five years to build a joint- venture home appliance production base, a company spokesman said yesterday. "We opted for Indonesia to build it as a strategic, comprehensive production base in the Southeast Asian region," said the spokesman, adding that Indonesia would emerge as its third largest operation outside South Korea and China.

All quiet at JCC front

All quiet at JCC front All's quiet at the JCC front, according to security officers manning the venue of the APEC conference. By Saturday morning, only 10 people had been reprimanded by guards, all for not wearing their APEC IDs, said a high ranking officer in charge of APEC security at the Jakarta Convention Center. "So far, everything has been running very smoothly," said the officer, who requested anonymity. The 10 reprimanded include journalists and delegates.

President Clinton will give jet-setting whole new meaning

President Clinton will give jet-setting whole new meaning JAKARTA (Reuter): U.S. President Bill Clinton's Asian trade mission involves 20,500 miles (33,000 km) of travel, but he will give new meaning to the term "jet-setter" if he follows through on tentative travel plans for early December. That schedule, administration officials say, calls for Clinton to fly to California on Dec. 3 for a Democratic Party fund raiser hosted by Hollywood producer Steven Spielberg, back to Washington on Dec.

Coca-Cola fully aware of environment

Coca-Cola fully aware of environment The Coca-Cola system in Indonesia lets its actions speak louder than words on the issue of protecting the environment. The company's 12 bottlers in Indonesia have launched a number of programs aimed at increasing environmental awareness among employees and the general public.

N. Korea nuclear pact praised

N. Korea nuclear pact praised JAKARTA (Reuter): The leaders of the United States, South Korea and Japan used a joint meeting in Jakarta last night to hail the importance of the U.S.-North Korean nuclear pact. "They strongly endorsed the...agreed framework for settling the nuclear issue, which opens the way to a new era of stability and increased prosperity in the region," a joint statement issued after the meeting said. U.S.

Clinton and the rights issue

Clinton and the rights issue Clinton, whose Democratic Party suffered heavy losses in the recent elections, appears to be more inclined to discuss economic and military issues with Indonesia, which is at present playing the diplomatic role of "spokesman" for the Third World. Clinton is disinclined to take up the human rights issue directly with President Soeharto because it represents too small an interest for the United States.

First ladies get a glimpse of Indonesia in half a day

First ladies get a glimpse of Indonesia in half a day JAKARTA (JP): Six first ladies got a glimpse of Indonesia, an archipelago of 17,000 islands, in a matter of half a day. The ladies, who are accompanying their husbands to the APEC meeting, visited the Beautiful Indonesia in Miniature Park yesterday. The tourist site, popularly known by locals as Taman Mini, provides visitors with a display of the diversity of Indonesia.

RI to become int'l financial center by 2000

RI to become int'l financial center by 2000 JAKARTA (JP): Indonesia, with its free foreign exchange regime and the rapid growth of its economy, has the potential to become one of the major international financial centers by the turn of the century, an executive said yesterday.

Bogor meeting expected to endorse Indonesian vision

Bogor meeting expected to endorse Indonesian vision JAKARTA (JP): Noted Australian economist Ross Garnaut predicted yesterday that the meeting in Bogor today will produce what he terms the Indonesian formula for realizing the long-term, economic vision of APEC leaders. Garnaut told an open forum on the future of APEC that the Indonesian formula or statement to be issued by the APEC leaders will commit them to liberalization towards free and open trade in the region along the principles of GATT.

Clinton raises human rights, Korea with President Jiang

Clinton raises human rights, Korea with President Jiang JAKARTA (Reuter): U.S. President Bill Clinton and Chinese President Jiang Zemin are in broad agreement over keeping the Korean peninsula nuclear free but old differences over human rights remain, U.S. officials said yesterday. They said Korea was the main topic as the two presidents met on the eve of the Asia Pacific Economic Cooperation (APEC) summit, expected to form the world's largest free-trade zone.

Sketches tops book sale

Sketches tops book sale The newly-published Sketches of Indonesian Society, a compilation of articles by Indonesian intellectual Mochtar Buchori, is making a splash at the APEC meeting. The book, launched only a week ago, is topping sales at the Gramedia book stand at the Jakarta Convention Center, where the APEC meeting and the media center are located. "We began with 200 copies and now we're down to 57," said the Gramedia attendant on Saturday. The book retails at Rp 15,000 per copy.

Dinner kicks off APEC leaders meet

Dinner kicks off APEC leaders meet JAKARTA (JP): Leaders of the Asia Pacific Economic Cooperation (APEC) forum gathered at the Jakarta Convention Center yesterday evening on the eve of their momentous Bogor conference which will determine the fate of trade liberalization in the region. The leaders arrived one by one at around 7 p.m.

New program launched to improve labor conditions

New program launched to improve labor conditions JAKARTA (JP): The government is launching a comprehensive industrial relations program to improve labor conditions in the country, says Minister of Manpower Abdul Latief. "Despite some encouraging advances achieved last year, we still have many things to do to improve labor conditions, including the welfare of workers and the enforcement of labor laws," he told The Jakarta Post before his departure to Geneva over the weekend.

Prolonged weekend in city facilitates traffic flow

Prolonged weekend in city facilitates traffic flow JAKARTA (JP): The government's decision to prolong the weekend to prevent traffic congestion during the Asia Pacific Economic Cooperation (APEC) meeting activities has facilitated traffic flow in the capital's streets which are usually clogged by cars. An official of the City Land Transportation Control Agency, who asked for anonymity, said yesterday that the traffic situation in Jakarta was "under control". "Traffic in the city is very smooth.

Coca-Cola focuses of the world of sports

Coca-Cola focuses of the world of sports The Coca-Cola system in Indonesia was the proud recipient of a special government award for its role in contributing to the development of sports in the nation. The state decoration for sports was awarded to representatives of the company by Vice President Try Sutrisno in September of this year. Coca-Cola in Indonesia is the first corporate winner of the award.

APEC album

APEC album Photo A: Spouses JP/alx THE WOMEN BEHIND APEC: Indonesia's First Lady Mrs. Tien Soeharto (center) hosted a luncheon for the spouses of the APEC leaders at the Presidential Palace yesterday. America's First Lady Hillary Rodham Clinton (fourth from left) was one of the six first ladies in the group of visitors yesterday.

Grady wins pro-am title

Grady wins pro-am title JAKARTA (JP): Last year's Tugu Pratama PGA champion Wayne Grady of Australia made up for his loss in the professional event by winning the individual pro-am event on Sunday. Playing on 18 holes at Bumi Serpong Damai golf course, Tangerang, near here, Grady was tied at 4 under par 68 with Stephen Lindskoq of Sweden and Felix Casas of the Philippines. The win earned Grady US$1,500, with Lindskoq and Casas pocketing $750 and $600 respectively.

APEC tourism slacking

APEC tourism slacking There were no smiles at Smailing Tour as it found out that APEC and tourism don't mix, not just yet anyway. The private tour operator, which has opened a stand at the APEC Media Center in the hope of cashing in on the presence of hordes of delegates and journalists, says business is slow. Only a few people came to book flights, mostly to Yogyakarta or Bali. Several others asked for seats to Dili, an attendant of the tour operator said.

Canada regards RI as important trade partner

Canada regards RI as important trade partner JAKARTA (JP): Canada regards Indonesia as its most important trading partner in Southeast Asia with trade volume between the two countries approaching US$1 billion. "Indonesia is Canada's most important trading partner in Southeast Asia," Canadian Prime Minister Jean Chretien said.

Bintoro, the technocrat behind the Bogor communique

Bintoro, the technocrat behind the Bogor communique JAKARTA (JP): The declaration by APEC's 18 leaders that will be read at the end of their meeting in Bogor today is in part the result of the hard work of Professor Bintoro Tjokroamidjojo, President Soeharto's special assistant on APEC affairs.

Indonesia little known in Australia

Indonesia little known in Australia By Rob Goodfellow WOLLONGONG, New South Wales, Australia (JP): Given the importance placed on the Asia Pacific Economic Cooperation summit by Australian Prime Minister Paul Keating it is surprising that most Australians still appear to know little or nothing about our closest Asian neighbor, Indonesia.

Unfortunate distractions

Unfortunate distractions Different words have been used to express the official reactions to the latest events, but in conclusion it may be said that the demonstration by a group of East Timorese students at the United States Embassy in Jakarta and the rioting which occurred in Dili in the last several days are highly unfortunate incidents indeed.

Governor urges Dili people to remain calm

Governor urges Dili people to remain calm JAKARTA (JP): East Timorese Governor Abilio Jose Osorio Soares is urging local citizens to remain calm following an incident at the Becora Inpres market in East Dili. "Be calm and don't be easily provoked by groundless rumors," Antara news agency reported the governor as saying on Sunday.

Jakartans flock to West, Central Java for APEC holidays

Jakartans flock to West, Central Java for APEC holidays JAKARTA (JP): Thousands of Jakartans fled to West Java's major tourist destinations, such as Bandung and Carita, and even as far as Semarang, in Central Java, and Yogyakarta. The out-of-season visitors who booked hotels, strolled along streets and browsed in shopping centers were Jakartans trying to make the most of the government's decision to declare Monday and Tuesday public holidays.

More land needed for cemeteries

More land needed for cemeteries Jakarta will need at least 700 hectares of land for cemeteries by the year of 2005, said Sridhana, an official of the city administration. Sridhana said his office intends to make cemeteries also function as water catchments. After leading a comparative study tour to Medan last week, Sridhana said the city plans cemeteries based on green, beautiful systematic principles.

Evans visits 'Tempo' exhibition

Evans visits 'Tempo' exhibition JAKARTA (JP): Australian Foreign Affairs Minister Gareth Evans attended an exhibition of old Tempo magazine covers and the launching of Sidelines, a book of selected essays by its former chief editor, last Sunday evening. "Evans only paid a short visit here, about ten minutes," said Goenawan Mohamad, former chief editor of the now defunct Tempo magazine. At the opening of the exhibition, Evans was accompanied by Australian ambassador to Indonesia, Allan Taylor.

Bogor pulls together for APEC conference

Bogor pulls together for APEC conference By Johannes Simbolon BOGOR (JP): The long-lost beauty of Bogor has been regained as the meeting of APEC economic leaders is set to take place in just a matter of hours. "The cleanliness of the town at present reminds me of the 1950s when I was just a little boy. Honestly speaking, the town hasn't been this clean in a long time," said Tanu Sulianto, who was born and raised in Bogor and also hopes to die here.

APEC leaders to set dates on free trade

APEC leaders to set dates on free trade JAKARTA (JP): Leaders of the Asia Pacific Economic Cooperation (APEC) forum are expected to set dates for trade liberalization in the region during their second meeting in Bogor, south of here, today, Minister/State Secretary Moerdiono said.

TV Today

TV Today TVRI 2:30 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 Film 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Teachings 7:00 Evening News 7:30 Wawasan 8:05 Traditional & Modern Drama 9:00 World News 9:30 Gelamor 10:35 Late News 10:45 Film Program 2 4:30 p.m.

Who's who in Bogor today

Who's who in Bogor today AUSTRALIA Paul John KEATING, Prime Minister Australia's Prime Minister Paul John Keating, 48, joined the Australian Labor Party at the age of 15 and became the president of the party's New South Wales branch from September, 1979 to February, 1983. Elected to the House of Representatives for the seat of New South Wales in 1969, Keating became Minister of Northern Australia in the Whitlam Cabinet from October to November, 1975.

Feisal inducts new cadets

Feisal inducts new cadets MAGELANG, Central Java: Armed Forces Commander Gen. Feisal Tanjung has graduated 971 cadets from four military academies in Magelang. The cadets were graduated and inducted over the weekend after they passed through 13 days of the Chandradimuka basic military training. Gen. Feisal said that the cadets were specially selected young people and are expected to study hard and do their training wholeheartedly.

Coca-Cola system in Indonesia lends helping hand to the needy

Coca-Cola system in Indonesia lends helping hand to the needy The bottlers of Coca-Cola in Indonesia never lose sight of their role in social welfare activities. Their contributions run a gamut of worthy causes, from helping victims of natural disasters to sponsoring community health programs. During this year, as two natural disasters devastated areas of West Java and Southern Sumatra, local bottlers were quick to mobilize resources to help out in the hour of need.

U.S. opens trade center in Jakarta

U.S. opens trade center in Jakarta JAKARTA (JP): U.S. Secretary of Commerce Ronald H. Brown (far left) cut the ribbon in a ceremony marking the opening of the United States Commercial and Information Center last night. Brown said the opening of the center indicates America's serious commitment to enhancing trade, investment and economic relations with Indonesia. The ceremony at the World Trade Center was attended by Minister of Trade Satrio B.

Is it elite schools, or elitist education?

Is it elite schools, or elitist education? By Mochtar Buchori JAKARTA (JP): I attended a very stimulating seminar on theories of education recently. Based on my previous experiences in similar seminars, I had not expected an interesting discussion. I was wrong!

Back-to-basics marketing approach reaps rich rewards

Back-to-basics marketing approach reaps rich rewards A canopy of red and white Coca-Cola banners fluttered along Surabaya's streets to herald the launching of yet another Coca- Cola marketing blitz. In Indonesia, as with the rest of the world, the marketing of the soft drink is shaped to fit the particular interests of the local consumer market. For Indonesia, this encompasses sponsoring special promotions, such as marketing blitzes and events held during national celebrations.

Medics standby at airports

Medics standby at airports Special APEC medical centers have been opened at the Halim Perdanakusuma airport and the Soekarno-Hatta airport to anticipate any medical problems that might afflict the delegates. Six doctors, eight support staff members and two ambulances are on 24-hour standby to provide medical service for the important guests, Dr. Tommy Halauwet, coordinator for the one at the Halim Perdanakusuma airport, told The Jakarta Post yesterday.

RP reports budget surplus

RP reports budget surplus MANILA (AFP): The Philippines reported a budget surplus of 15.44 billion pesos (US$643 million) for the first 10 months of this year, the finance department said yesterday. The department had predicted a deficit of 4.81 billion pesos.

APEC urged to focus on trade liberalization

APEC urged to focus on trade liberalization JAKARTA (JP): Chile, APEC's latest member nation, asked the forum yesterday to focus its work on trade liberalization. "We prefer a fast pace of integration and economic liberalization in APEC, "Chile's Economics Minister Alvaro Garcia Hurtado told an open forum on the future direction of APEC. Hurtado said his country is ready to meet the faster timetable for free and open trade by 2010 as proposed by the Pacific Business Froum.

Bogor to take APEC one step forward

Bogor to take APEC one step forward By Endy Bayuni BOGOR, West Java (JP): Leaders of the Asia Pacific Economic Cooperation (APEC) forum gather here today to take the grouping one step further forward from their last meeting in Seattle, Washington, last year, on the question of a regional free trade zone.

Increase civil servants' earnings!

Increase civil servants' earnings! From Suara Karya I am a pensioner of the IV/E category (the top rank in the civil service) and my monthly pension is Rp 360,000 to support my family -- one wife, and two kids who are still in university. Such a meager income is enough only for two weeks of a modest life-style. Luckily we own a house of our own, so we don't have to pay rent. Imagine how civil servants (including armed forces members) whose rank is lower than mine manage on such small incomes?