Indonesian Political, Business & Finance News

Archive: 16 November 1994

55 articles found

A new milestone

A new milestone Even before the meeting started in Bogor yesterday, one could feel the consensus emanating from the 18 APEC leaders who were all dressed in specially designed Indonesian batik shirts. The press conference later in the day only confirmed that the occasion was not just another international talk-shop. The APEC Economic Leaders Meeting finally endorsed what is termed the "Indonesian vision", i.e.

Local TV networks pool resources to cover Bogor

Local TV networks pool resources to cover Bogor JAKARTA (JP): Six Indonesian television networks pooled their resources yesterday to provide the nation as well as the world comprehensive coverage of the historic meeting of APEC leaders in Bogor. The media pool turned out to have been effectively pulled off by the six networks. Until this week the concept had never fully caught on with the Indonesian media community.

East Timor protesters mull asylum in Portugal

East Timor protesters mull asylum in Portugal JAKARTA (JP): Twenty nine East Timorese students occupying the U.S. embassy compound said yesterday that they are considering seeking asylum in Portugal. In Lisbon, Portuguese Prime Minister Anibal Cavaco Silva said on Monday the foreign ministry was trying to arrange for the group to go to Portugal.

Moerdiono rocks Bogor Palace with `Blue Suede Shoes'

Moerdiono rocks Bogor Palace with `Blue Suede Shoes' BOGOR, West Java (JP): As APEC leaders deliberated inside Bogor Palace, poised to make their monumental decision, hundreds of waiting journalists were entertained by an array of singers and dancers, including a surprise performance by Minister/State Secretary Moerdiono.

Jl. Daan Mogot - Pasar Baru bridge project commences

Jl. Daan Mogot - Pasar Baru bridge project commences TANGERANG, West Java (JP): Tangerang Mayor Djakaria Machmud inaugurated the construction of a new bridge on Saturday, connecting Jl. Daan Mogot in West Jakarta and Pasar Baru. "The construction of the new bridge is meant to ease frequent traffic jams on the old Cisadane bridge on Jl. Merdeka," Djakaria said, adding that traffic congestion on the street is caused by an increasing number of vehicles to and from Jakarta.

Hillary Clinton warmly welcomed in Yogyakarta

Hillary Clinton warmly welcomed in Yogyakarta By Rita A. Widiadana YOGYAKARTA (JP): Thousands of Yogyakartans greeted American First Lady Hillary Rodham Clinton yesterday as she visited a school, a community health center and two renowned temples. They shouted "Hillary, we love you," and a villager waved a towel bearing the American flag. During the day long visit Mrs. Clinton remained fresh and relaxed, apparently enjoying the entire tour though her hosts were unable to hide their fatigue.

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.

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 did no clearing transactions and share trading. Therefore, The Jakarta Post has not published the tables of foreign exchange conversion rates and stock price quotations in today's and yesterday's editions. -- Editor

Siti Amelia Jakarta queen

Siti Amelia Jakarta queen Siti Amelia has been chosen as the Jakarta Putri Ayu Queen 1994, defeating 14 other finalists. The Suara Pembaruan evening daily reported yesterday that the first and second runners-up at competition held by the Putri Ayu foundation will be, respectively, Shinta Ruswita and Suci Kuniati Sujud. Mrs.

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.

PT Freeport to build copper smelting plant

PT Freeport to build copper smelting plant JAKARTA (JP): PT Freeport Indonesia will start constructing a copper smelting plant in Gresik, East Java, in the middle of next year with a production capacity of 200,000 tons per annum at a cost of about US$650 million, its president says. Hoediatmo Hoed told The Jakarta Post here Monday evening that Freeport will likely hold 100 percent of the equity in the company which will be established in order to sponsor the copper smelting project.

Trans-ASEAN gas studied

Trans-ASEAN gas studied MANILA (AFP): Trans Energy of France is studying the natural gas industry in the Association of Southeast Asian Nations (ASEAN) to determine the feasibility of a trans-ASEAN pipeline, a Filipino energy official said yesterday. ASEAN groups natural gas exporters Brunei, Indonesia and Malaysia along with the Philippines, Singapore and Thailand.

Feisal inducts new cadets

Feisal inducts new cadets MAGELANG: Armed Forces Commander Gen. Feisal Tanjung has graduated 971 cadets from four military academies in Magelang, Central Java. 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.

Soccer raid effective in Malaysia

Soccer raid effective in Malaysia KUALA LUMPUR (Reuter): Malaysia's crackdown on crooked soccer is working and the heavy betting that accompanies most matches is declining, a senior soccer official said yesterday. "There has been a drastic difference and there's a sense of fresh air and cleanliness," Paul Mony, general secretary of the Football Association of Malaysia, told Reuters.

HIDUP stages APEC environmental event

HIDUP stages APEC environmental event JAKARTA (JP): Officials and businessmen from several APEC members gathered here yesterday evening in what the organizers called the only environmental event in coincidence with the APEC meetings that focused on economic issues. The reception was hosted by HIDUP -- Indonesia's trade association of companies dedicated to promoting environmental products, services and technology -- at the Clipper Restaurant.

Sponsorship threatens Lucky Strike c'ships

Sponsorship threatens Lucky Strike c'ships JAKARTA (JP): Indonesia's preparations for hosting the world motocross championships for the first time next year have been marred with sponsorship problems. PT British-American Tobacco (BAT) Indonesia is considering withdrawing from sponsoring next year's Lucky Strike International Motocross Championships.

Manufacturing sector faces no problem with free trade

Manufacturing sector faces no problem with free trade JAKARTA (JP): Minister of Industry Tunky Ariwibowo stated yesterday that Indonesia's manufacturing industry will face no problems with the APEC trade liberalization. "We still have much time and our manufacturing industry is experienced enough," the minister said of the decision of the Asia and Pacific Economic Cooperation (APEC) forum in Bogor yesterday afternoon to liberalize trade among members.

Clinton calls just-ended Bogor meeting 'historic'

Clinton calls just-ended Bogor meeting 'historic' JAKARTA (JP): United States President Bill Clinton called the Bogor declaration a historic one but warned that it should be followed up by the next meeting of leaders. "I feel very good about it, this is potentially a very historic declaration. But next year, if we don't lay down the blueprint, it is not a good sign. "If we do lay down the blueprint, that is a good sign.

'Gatra' magazine makes its debut

'Gatra' magazine makes its debut JAKARTA: Gatra, the weekly magazine which employs a group of former employees of the defunct Tempo, made its debut yesterday. The new magazine, published by PT Era Media Informasi, gave its readers the coverage of the Asia-Pacific Economic Cooperation (APEC) meeting as its main story, the polling of young people's perception about the late president Sukarno and the controversial visit of Gus Dur, head of an influential Moslem organization, to Israel.

Informality colors Bogor APEC meet

Informality colors Bogor APEC meet BOGOR, West Java (JP): Yesterday's meeting of APEC leaders in Bogor may have won the prize as the most formal of informal meetings of all time. All the leaders, which includes some of the world's most powerful like the United States, Japan and China, came in batik shirts, provided by the host nation. That's informal. Normal state protocol accorded to visiting heads of government or heads of state was absent when they arrived at the Bogor Presidential Palace.

NGOs air concerns over APEC impact

NGOs air concerns over APEC impact JAKARTA (JP): Several non-governmental organizations (NGOs) from Asia and Pacific countries raised concerns yesterday about the implications of the Asia Pacific Economic Cooperation (APEC) process, which they say could bode ill for human rights.

S'pore investment in China

S'pore investment in China BEIJING (AFP): Singapore has become the fifth largest investor in China, pumping more than US$1.3 billion into the country in the first half of 1994, a report said yesterday. Actual Singaporean investment in China totaled $1.321 billion in the first six months, with the number of Singapore-funded projects more than doubling to 3,834, compared to 1,751 in 1993, the Xinhua news agency said.

Residents, weather welcome APEC to Bogor

Residents, weather welcome APEC to Bogor BOGOR (JP): About one thousand Bogor residents cheerfully welcomed APEC delegations here as their leaders snaked through city streets in one procession after another. The cloudy day also looked to welcome the meeting as prospects of rain feared earlier went unfounded, though it rained the day before as well as on Saturday evening here.

RI sends juniors ton China Open

RI sends juniors ton China Open JAKARTA (JP): World number one Ardy Wiranata and number seven Alan Budikusuma lead a pack of Indonesian second stringers to the China Open badminton championships in Liaoning, starting today. National coach Indra Gunawan said the sending of the second stringers was aimed at increasing their exposure to international competitions for the sake of experience and at comparing their ability to that of China.

Leaders hail free trade pact, Mahathir has reservation

Leaders hail free trade pact, Mahathir has reservation JAKARTA (JP): Most APEC leaders praised the Bogor declaration yesterday but Malaysia registered some reservations. Australia's Paul Keating called the declaration "an extraordinary new path for the Asia-Pacific region toward extraordinary goals." "The significance of this commitment is enormous," he told a press conference at the Grand Hyatt hotel. "It is stronger than that made by parties to the GATT or by G7 countries.

Gus Dur wonders why so much fuss over Israel visit

Gus Dur wonders why so much fuss over Israel visit SEMARANG, Central Java (JP): The chairman of Nahdlatul Ulama (NU), Indonesia's largest Moslem organization, Abdurrahman Wahid, stressed here yesterday that there is no reason to prevent him from visiting Israel. He expressed confusion as to why certain parties in Indonesia deplored his recent visit to that country.

Mandarin is spoken here

Mandarin is spoken here APEC may represent 18 countries but only seven languages are spoken, at least for the benefit of leaders attending the Bogor meeting. Seven teams of interpreters were prepared for the meeting. They were English, Indonesian, Korean, Japanese, Spanish, Chinese Mandarin and Chinese Cantonese. (emb)

APEC album

APEC album Photo A: Soeharto JP/alx MR. CHAIRMAN: APEC chairman Soeharto takes questions from journalists at the end of the APEC leaders meeting. Behind him were other APEC leaders, including (left to right) Mahathir Mohamad of Malaysia, Bill Clinton of the United States and Tomiichi Murayama of Japan. Photo B: Tour JP/alx BOGOR MYSTERY TOUR: Soeharto takes his APEC guests on a guided tour of the Bogor Presidential Palace.

Thirteen isn't unlucky

Thirteen isn't unlucky Thirteen is not an unlucky number in Indonesia, least not for the APEC Economic Leaders Meeting. Philippine President Fidel Ramos did not object when his limousine and other vehicles which are part of his convoy were assigned the plate number AELM 13. The number has been assigned according in alphabetical order. AELM 1 is for Australia and AELM 17 is for the United States. Soeharto did not get one.

Indonesia's crude oil output to remain stable until 1999

Indonesia's crude oil output to remain stable until 1999 JAKARTA (JP): Indonesia's crude oil output is expected to remain stable at 1.36 million barrels per day (bpd) until 1999 in spite of steady declines in production through the "primary recovery system," which yields the initial barrels of oil. G.A.S.

APEC prompts openness

APEC prompts openness What are the most distinctive aspects of our role in the APEC forum? First, it is the fact that Indonesia's existence as well as its contributions are respected and accepted not only by the developing countries, but also by the newly industrialized countries and the economic superpowers of the world such as the United States and Japan.

Electricity tariff raised

Electricity tariff raised From Media Indonesia As a developing country, Indonesia has to upgrade the quality of its human resources. To this end, the people must keep learning to increase their knowledge. The learning process will have good results if it is supported by good illumination i.e. electricity. Electricity constitutes a basic need in modern life. People use electricity according to their respective needs and capacities.

Red Cross-RI airlift for Afghans ends successfully

Red Cross-RI airlift for Afghans ends successfully KABUL (AFP): An airlift of emergency medical supplies, aimed at helping those wounded in Afghanistan's long-standing conflict, has been successfully completed by the International Committee of the Red Cross (ICRC), said a Kabul spokesman yesterday. The airlift was carried out with the loan of an Indonesian military C-130 aircraft and crew.

Brown and green are in

Brown and green are in If APEC leaders could be considered as avant garde in men's fashion, then they've set next year's dominant color. It will be either brown or dark green. Long before coming to Bogor, the APEC leaders were sent samples of designs, to reflect their nation's identity, and the color of batiks they would wear for Bogor. Most have gone for brown and dark green, judging by yesterday's appearance. Only Indonesia's Soeharto and Japan's Tomiichi Murayama opted for a lighter color.

Post colonial relations

Post colonial relations My salute to Ms. Nanny Djali for her letter in this paper's Nov. 9, 1994 issue. She did what many of us ought to do to counter Mr. de Kort's contorted perception of history. Every time one of his letters appears in The Jakarta Post I have a strong urge to blast back, but each time I was restrained by the realization: Why waste so much energy, emotion and time on this issue and his nonsense. But reading Ms.

Haarhuis, Eltingh finish 1994 as world number one

Haarhuis, Eltingh finish 1994 as world number one JAKARTA (JP): The Dutch doubles team of Paul Haarhuis and Jacco Eltingh will no doubt finish this year as the world number one pair, despite still having the last tournament, the World Doubles championship final to play here next week.

Privileged newsmen must work harder

Privileged newsmen must work harder JAKARTA (JP): Only 571 journalists were privileged to witness the historic declaration of the establishment of a free trade area in APEC in Bogor yesterday. They were selected out of some 4,000 accredited APEC journalists by the host nation committee in view of the limited space in the palace compound.

Old buildings to become tourist attraction centers

Old buildings to become tourist attraction centers By Yoko N. Sari JAKARTA (JP): Have you ever imagined living in the Dutch colonial period? Maybe yes, maybe no. What about staying in hundreds-of-years-old hotels or eating in restaurants once used as detention centers by the colonial government on the old days?

APEC declares free trade

APEC declares free trade By Meidyatama Suryodiningrat BOGOR, West Java (JP): Economic leaders of the Asia Pacific Economic Cooperation (APEC) forum yesterday unanimously adopted the Bogor Declaration committing themselves to comprehensive trade liberalization in the region by the year 2020. "The long term objective of intensifying closer trade and investment cooperation in the Asia- Pacific is open and free trade and investment," President Soeharto said here yesterday.

Robbery in Bekasi

Robbery in Bekasi Four burglars robbed a house owned by Jiman, a resident of the Cibitung village in Bekasi on Sunday, and got away with Rp 1 million cash and 63 grams of gold jewelry. 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.

Indonesia needs $52b for infrastructure projects

Indonesia needs $52b for infrastructure projects JAKARTA (JP): Indonesia needs US$52 billion in investments for four major infrastructure projects for electricity, telecommunications, roads and water supply within the next five years, a minister said.

Mahathir most sought after

Mahathir most sought after Malaysian Prime Minister Mahathir Mohamad, one of the late arrivals for the leaders meeting, was also one of the most popular among the APEC pack. On arriving on Monday, he proceeded to attend the signing ceremony of a new Indonesia-Malaysia joint venture bank at the Shangri-La Hotel and then, seeing the hordes of journalists who turned up, dispensed with security protocol and made himself available to the journalists.

UPN Veteran's graduation

UPN Veteran's graduation UPN Veteran Jakarta, a university under the Ministry of Defense and Security, will graduate 1,475 students from various study programs at the Jakarta Hilton Convention Center on Saturday. Brig. Gen.

Lee Kuan Yew to attend Asahi forum

Lee Kuan Yew to attend Asahi forum SINGAPORE (AFP): Singapore's senior minister, Lee Kuan Yew, is to attend the annual business and economic forum organized by Asahi Shimbun, Japan's largest daily newspaper, it was announced here yesterday. A statement from Prime Minister Goh Chok Tong's office said Lee would be in Tokyo for four days from today.

Seeking help

Seeking help We were requested by the Dutch Red Cross to find the whereabouts of Hendrik van Gijselen or his family. His personal data is as follows: Hendrik van Gijselen born in Rotterdam on May 7, 1889. He was born to Mrs. Magdalena Vente, who, in 1943, was reportedly living in Java. Any reader who has information or is related to the family is requested to contact: Indonesian Red Cross Headquarters, Jl. Jend. Gatot Subroto, Kav. 96, Jakarta (Telp. 7992325 ext. 23). DR. H. SOESANTO Jakarta

Unsafe parking in Kramat Jati market

Unsafe parking in Kramat Jati market From Neraca On Nov. 13, 1994 we went to Kramat Jati market, East Jakarta, at about 5 p.m. We parked our car in the parking lot of the market. To our horror, on the way home at 8.30 p.m. our car stalled inside the parking lot only 50 meters from the place where we had parked. Quite a few cars were behind us impatiently waiting for us to move. We were all girls in the car. With the aid of some men we gave the car a push.

Asia's oil futures trading needs western support

Asia's oil futures trading needs western support SINGAPORE (AFP): Singapore's decision to permit western exchanges to trade crude contracts in Asia would inject new life into regional oil futures trading, analysts said yesterday. "It's an implicit admission of Asia's inability to grow its own oil futures contracts, but nevertheless is a shot in the arm for the region's futures market," said Ng Weng Hoong, editor of The Singapore Oil Report, a Singapore-based petroleum journal.

Traditional food healthier

Traditional food healthier From Suara Karya Suara Karya's caricature of Nov. 8, 1994 issue is interesting enough. In the picture Mat Karyo, a ketoprak vendor, is bewildered because he finds himself in the midst of a number of restaurants which serve only international dishes. In Indonesia, particularly in larger cities like Jakarta, Bandung and Surabaya, international restaurants are mushrooming, maybe as an impact of globalization. It seems that people's taste has gone international.

Spotlight

Spotlight Photo A: Award Mandarin Oriental Jakarta WRITER'S AWARD: Mandarin Oriental Jakarta recently held a cocktail party to honor Taufiq Ismail (second from left), the winner of the Southeast Asia Writer's Award 1994. Taufiq's wife, the Minister of Education and Culture Wardiman Djojonegoro (right) and the general manager of Mandarin Oriental Jakarta, Duncan R. Palmer joined him in the celebration of the honor.

Student football

Student football From Kompas I am referring to the Kompas Oct. 29-31, 1994 issues about the Asian students football championship tournament. Unfortunately the final matches were not broadcasted on television. We have good reasons to be proud of the student players who achieved brilliant success. The national (senior) team cannot beat South Korea, Thailand or other Asian countries, and in the recent Asian Games XIII in Hiroshima (Japan), Indonesia could only rank itself No 11 after Malaysia.

Governor Abilio urged to send newcomers home

Governor Abilio urged to send newcomers home DILI (JP): A group of demonstrators demanded yesterday that East Timor Governor Abilio Jose Osorio Soares return newcomers, especially those from South Sulawesi, to their hometowns. The demand was made following an incident at the Becora Inpres market in Dili on Saturday which led to the death of Mario Vicente, a local trader.

Jet-lagged Clinton goes jogging

Jet-lagged Clinton goes jogging JAKARTA (Reuter): Despite a late night meeting and having "a tad" of jet lag, U.S. President Bill Clinton made a point of jogging, his favorite pastime, yesterday morning before proceeding to Bogor for the APEC meeting. Clinton, wearing dark blue shorts and a T-shirt, did a few laps around and inside of the Senayan sports stadium, which is adjacent to the Hilton Hotel, where he is staying.

KL will widen use of palm oil

KL will widen use of palm oil KUALA LUMPUR (AFP): Malaysia's palm oil sector, with prices sizzling at a nine-year high, is in for even more exciting times if a pilot project to use it for making building materials turns out well, a cabinet minister said yesterday. A Malaysian-based firm is working jointly with British-based Original Development plc in the development of polyurethanes from palm oil, Primary Industries Minister Lim Keng Yaik said.

APEC leaders meeting declares free trade by 2020

APEC leaders meeting declares free trade by 2020 BOGOR, West Java (JP): This is the text of the APEC Economic Leaders Declaration of Common Resolve presented yesterday at the end of the APEC economic leaders meeting: 1.

Disabled need funds

Disabled need funds From Pikiran Rakyat We are writing this letter to all TV stations--TVRI, TPI, RCTI, SCTV, and ANteve. As you know, TV stations have been airing game shows. Most of the game show contestants are people who live in Jakarta. The program sponsors always provide very lavish prizes for the winners. In this context, the Benyamin Show game show is doing something unusual and interesting.