Indonesian Political, Business & Finance News

Archive: 18 November 1994

46 articles found

State shipyard sees exports on the horizon

State shipyard sees exports on the horizon JAKARTA (JP): The state-run shipbuilding company PT PAL will export four bulk carriers and one reefer vessel at a total value of US$100 million to Britain and the Netherlands. "We will soon sign the deals with the two countries," Suleman Wiriadidjaja, senior executive vice president of the Surabaya-based firm told journalists yesterday.

Don't expect much from established media: Expert

Don't expect much from established media: Expert JAKARTA (JP): A communication specialist on Wednesday encouraged the public to run what he called "underground media" which would give them the access to the freedom of expression. Ashadi Siregar, a lecturer at Yogyakarta's Gadjah Mada University, said that people would only be able to express their ideas freely through underground sources since the established media is constrained by a strong censorship mechanism.

Four killed in traffic mishap

Four killed in traffic mishap SURABAYA: Four people were killed and five others seriously injured in a head-on collision involving two buses in Lumajang, East Java on Tuesday, a press report said yesterday. All but one of those killed have been identified, Antara reported. An eyewitness said that the driver of the mini bus, who was driving at high speeds, lost control of the vehicle when it tried to avoid a pedestrian crossing the street.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Legong Buffet Dinner, Friday; Ramayana Buffet Dinner, Monday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday. Notte Italiana with Capo Dastro Quartet, Thursday. Poolside - BBQ Night with Hawaiian Band, Wednesday. * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Janger Cultural Performance, Friday. Pasar Ikan Seafood Market, Saturday.

Yorrys' friends withdraw their statements

Yorrys' friends withdraw their statements JAKARTA (JP): Two more witnesses in the trial of seven defendants charged with organizing a gambling den in cooperation with Yorrys Raweyai retracted their preliminary statements. The two witnesses, Linda Budianto, the wife of defendant Budianto, and Bok Tjin Lin, one of the seven defendants, were arrested along with 12 other people on July 29 at the storehouse on Jl. Daan Mogot 125, West Jakarta.

U.S.-China ties key to Korea's future

U.S.-China ties key to Korea's future By Zeno Park SEOUL (AFP): U.S.-China ties will be crucial in determining Korea's future, while North Korea, dabbling in limited economic reforms, will at least in the short term try to avoid contacts with South Korea. These are the key points largely agreed upon by analysts at a seminar here on North Korea's future, staged by the U.S.

Local banks advised to raise deposit rates

Local banks advised to raise deposit rates JAKARTA (JP): Analysts are warning that banks must raise annual interest rates on time deposits by at least one to two percentage points to curb capital flight resulting from the recent rises in interest rates in the United States. Riyanto Sastroatmodjo warned here yesterday that the adjustment of domestic interest rates is essential to curb capital outflow.

Share prices lower on JSX

Share prices lower on JSX JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) drifted lower yesterday with most issues loosing ground in heavy trading. The JSX Composite Index closed 1.68 points lower to end at 512.45 yesterday, as compared to 514.13 on Wednesday. The narrower-based GTDBS-50 Index fell to 121.37 from 121.89. Significantly increasing shares were, among others, Summarecon Agung (up Rp 900), Charoen PI and Ometraco Finance (up Rp 300 each).

Satya Wacana University rectorate dissolved

Satya Wacana University rectorate dissolved JAKARTA (JP): Following weeks of unrest sparked by the dismissal of renowned scholar Arief Budiman, a presidium will be formed to take over the leadership of the Satya Wacana Christian University in Central Java once the rectorate is dissolved. The five member presidium will be assigned to restore order on the conflict-ridden campus, to reactivate the senate and to overhaul rules on rectorial election.

Respected Dili Bishop appeals for calm

Respected Dili Bishop appeals for calm DILI, East Timor (JP): The Roman Catholic leader in East Timor, Bishop Carlos Filipe Ximenes Belo, has appealed to all parties in Dili, from the security and government apparatus to the young people, to work together to restore peace. The Dili Bishop issued a pastoral letter in connection with the three days of rioting which paralyzed the city early this week.

City to reorganize management of PAM Jaya

City to reorganize management of PAM Jaya JAKARTA (JP): The city administration will reorganize the management of the city-owned water company PAM Jaya in a bid to help improve water services in the capital. Deputy Governor of Economic and Development Affairs TB Rais told reporters on Wednesday that the new management will be announced next month at the latest. "We will announce the reshuffle, including that of the board of directors, before the new year," he said.

Guidelines on living in flats planned

Guidelines on living in flats planned JAKARTA (JP): The city administration is formulating guidelines on how to live in vertical housing to promote high- rise living and attract Jakartans to live in apartments. The guidelines are necessary to support the city's program to eliminate slum areas and relocate the residents to apartments, an official said yesterday.

Forest estate's building burned

Forest estate's building burned PADANG, West Sumatra: Local farmers set fire to the equipment shelter of a forestry company, angry with local businessmen, an official said yesterday. Head of the provincial forest office, Ishak Sumantri, said that the angry mob burned down an equipment shed and a building of PT DMT, located in Pesisir Selatan area, last month following a conflict between local people and forest concessionaires, Antara reported yesterday.

Economy and rights

Economy and rights With the Pacific agreement to move to free trade, the United States has made important progress in a cause that it has vigorously supported for half a century. Trade has contributed mightily to rising prosperity in this country and throughout the world. But the meeting in Indonesia also heard, less eagerly, about another longstanding American cause, human rights, that most Asian governments consider unrelated to economics.

Officials' must obey court's summon, Chief Justice says

Officials' must obey court's summon, Chief Justice says JAKARTA (JP): Chief Justice R. Soerjono reminded government officials yesterday that their presence was mandatory when they are summoned by the state administrative court in connection with any legal suit filed against them. "The law authorizes the State Administrative Court to force government officials to appear in court as scheduled," Soerjono told reporters after installing several new heads of High State Administrative Court.

Chile hopes to bridge Asia and S. America

Chile hopes to bridge Asia and S. America By Paul Iredale JAKARTA (Reuter): Chile served notice this past week it planned to be a power in the rich Asia-Pacific trading zone, rolling into town to join the group with a crisp roadshow and a large team of businessmen.

Drug traffickers arrested

Drug traffickers arrested YOGYAKARTA: Police have raided a drug syndicate and arrested nine people, including six college students, in a drug bust dubbed Operation Purple. Deputy chief of Yogyakarta police, Maj. Anton Tabah, said yesterday that two of the suspects were recognized as long-time marijuana traffickers in town. The suspects are aged between 21 and 27 years, he said. Six of them, including a woman, are students of a well-known college.

Police livelihood ready for upgrade: Chief

Police livelihood ready for upgrade: Chief JAKARTA (JP): National Police Chief Gen. Banurusman says that the social welfare of police personnel and their families must be improved in order for them to provide maximum service to the public.

Two more firms plan public offerings

Two more firms plan public offerings JAKARTA (JP): Unibank, a consumer-based commercial bank, and Indoprima Gemilang, a producer of automotive components, announced yesterday their plans for an initial public offering (IPO) of shares. Unibank will sell 38 million new shares, accounting for around 43 percent of its enlarged shares, to the public, while Indoprima, which is based in Surabaya of East Java, will offer around 24 million shares, representing 33 percent of its expanded capital.

ASEAN meets to spur growth in backward areas

ASEAN meets to spur growth in backward areas DAVAO, Philippines (Reuter): Hard on the heels of the APEC meeting, Asia's commitment to trade cooperation took another step forward yesterday when officials and businessmen from four nations met to spur development of their backward areas. More than 1,000 delegates are attending the first business convention of the East ASEAN Growth Area (EAGA) in Davao on the southern Philippine island of Mindanao.

Brothel operator denies working girls' testimonies

Brothel operator denies working girls' testimonies JAKARTA (JP): Hartono Setyawan told presiding Judge Stephanus Sutrisno at his trial in the South Jakarta District Court yesterday the three prostitutes caught red handed by the police at Century Park Hotel on July 23 were not his call girls. He said Nova Novianti, Natalia Risani and Nunuk Sriyanti were not working for his brothel when police arrested them.

Jiang's visit to promote RI-China ties

Jiang's visit to promote RI-China ties JAKARTA (JP): Chinese President Jiang Zemin returned to Jakarta yesterday to mark the beginning of an official two-day visit to Indonesia to further promote relations. Jiang's return reflects the increasingly warm relations between the two countries after the freezing of ties for over two decades.

'RCTI' to air police story

'RCTI' to air police story Indonesia's first private television station RCTI is scheduled to air a serial on city police investigations. The film, entitled Pedang Keadilan (The Sword of Justice) and consisting of eight 50-minute episodes, will be aired every Monday at 10:30 p.m. beginning Nov. 21, Brig. Gen. IK Ratta told reporters after a premier of the serial yesterday.

Jail warden murdered

Jail warden murdered TANGERANG (JP): A prison warden identified as Jalil, 25, was killed, allegedly by his colleagues, after a game of cards at PM bus pool on Jl. Sudirman, Tangerang. A PM bus driver found the victim wedged underneath a bench, lying in a pool of blood at 3 a.m. yesterday. The driver immediately reported the matter to the police. Tangerang Police are questioning 15 suspects who were last seen with the victim during a game of cards.

What about rights?

What about rights? Their assuring tone notwithstanding, the public statements in the defense of human rights that were made this week in Jakarta by visiting U.S. officials from President Bill Clinton down to Secretary of State Warren Christopher and Secretary of Commerce Ronald Brown must have come as a sore disappointment to those of our human rights activists who hoped to get some concrete support for their cause from the Clinton administration.

S'pore offers scholarship

S'pore offers scholarship JAKARTA: The Singapore Ministry of Education recently granted 39 Indonesian students the ASEAN Secondary Three Scholarships enabling them to join a two-year course leading to a Singapore Cambridge General Certificate of Education examination. This is the fourth year the scholarship has been awarded to Indonesian students. It is also offered to other member countries of the Association of Southeast Asian Nations (ASEAN).

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on Nov. 17, 1994: Bidding price Trading Previous --------------------- volume Share close high low close (shares) ABDA 1,500 0 0 1,500 0 ADES ALFINDO 2,425 0 0 2,425 0 AHAP INSURANCE 3,350 0 0 3,350 0 ALUMINDO PERKASA 1,100 1,150 1,150 1,150 2,000 ANDAYANI MEGAH 3,500 0 0 3,500 0 ANEKA KIMIA RAYA 5,650 5,650 5,650 5,650 58,000 ANWAR SIERAD 4,000 4,000 3,900 4,000 16,500 AQUA GOLDEN MISSISSIPI 2,500 0 0 2,500 0 ARGHA KARYA...

TV today

TV today TVRI 2:30 p.m TV Series: Kubuto 3:05 Langka dan Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 Science Film 5:00 Regional News 5:30 Culture Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Sebaiknya Anda Tahu 7:00 Evening News 7:30 Dinamika 8:05 Nusantara Star 9:00 World News 9:30 Quiz: Gita Bicara 10:35 Late News 10:45 Film: The Stars Are Singing Program 2 4:30 p.m.

Congratulations Pak Uta!

Congratulations Pak Uta! From Neraca Recently RCTI and SCTV stations aired the profile of Pak Uta in the Nuansa Pagi program. Uta, who farms a strip of land along the Ciliwung river in front of Shangri-la Hotel, Jakarta, is very proud of his kids who have gained university degrees. He financed his children's schooling just by the money he earned from his farming business. This success story is very impressive.

Shipyard in court over tanker fire

Shipyard in court over tanker fire SINGAPORE (AFP): A leading Singapore ship repairer, Jurong Shipyard, has been hauled to court for allegedly flouting the law in connection with an oil tanker fire in which 10 workers died, officials said yesterday. The partly state-owned company was accused of contravening the Factories Act over the Feb. 8 fire which occurred while the ship British Adventure was under repair at its dockyard here.

Election fever grips Malaysia

Election fever grips Malaysia KUALA LUMPUR (AFP): Election fever has gripped Malaysia, as political parties hold public rallies without even knowing when the next national polls will be held. Malaysia has one of the world's strongest economies -- with an average eight percent growth over the last eight years -- and nearly every local punter is willing to bet that Prime Minister Mahathir Mohamad will call for polls before his mandate expires in October next year.

Australia deports 57 Vietnamese boat people

Australia deports 57 Vietnamese boat people SYDNEY (Reuter): A group of 57 Vietnamese boat people, some bound hand and foot and carried on to an aircraft, were deported from Australia to Indonesia yesterday. The Australian government confirmed the surprise deportation in a statement, saying the 57 were "removed from Australia" because their refugee applications had already been rejected while in the Galang migrant detention camp in Indonesia.

Proud of N-250

Proud of N-250 From Suara Karya I am proud of Indonesia for the launching of N-250 aircraft a few days ago. It is made by IPTN and designed by the country's sons and daughters. The launching of the sophisticated passenger aircraft is, according to President Soeharto, a continuation of the struggle of our national heroes in welcoming the 21st century. The success will strengthen our self-confidence in developing high technology. YENNY SUHARTINI Jakarta

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.

China technology exhibited

China technology exhibited JAKARTA (JP): Around 127 state-owned companies of China yesterday opened a science and technology exhibition that will last until Monday, at the Jakarta Fairground in Kemayoran. The expo, called the China Science and Technology Exhibition `94, was opened by the vice chairman for technology development of the Agency for Technology Assessment and Application (BPPT), Harijono Djojodihardjo.

New mailing service introduced

New mailing service introduced The state-owned postal service, Perum Pos dan Giro, introduced electronic business mail, a new service offering speed and accuracy of delivery, yesterday. Director General of Post and Telecommunications Djakaria Purawidjaja told reporters after officially starting the service at the city's main post office building in Central Jakarta that Perum Pos dan Giro will keep on offering better service to the public in order to counter fierce competition from courier firms.

Fighting gamblers and prostitutes

Fighting gamblers and prostitutes From Media Indonesia There have been numerous newspaper reports recently about the cracking of gambling and prostitution dens in Jakarta. Dozens of gamblers and prostitutes have been detained. But we never find out what happened to them. If they were sent to court or not. At the same time, we learn that these dens have begun operating again without any sanctions from the authorities. I urge the government to explain why.

Sanata Dharma's Gatra

Sanata Dharma's Gatra From Gatra After reading the news about the issuance of the publication license of the new magazine Gatra in the Bernas and Kompas dailies, I would like to impart some information. Since 1982 Sanata Dharma University has used the name Gatra for the scientific magazine of the department of language and letters, school of language education and art, and the institute of teachers science and pedagogy. The magazine is published once a year.

Guntur residents refuse to move

Guntur residents refuse to move Hundreds of residents of the Guntur district in South Jakarta have rejected an offer of Rp 800,000 (US$367) per square meter from developer PT IC for the appropriation of their two hectare plots of land. The residents, who have been living in the area over the last 30 years, are demanding Rp 1.5 million or Rp 2 million per square meter for the land.

Parks must be well cared for

Parks must be well cared for From Neraca I salute the Jakarta Metropolitan Administration for having established many parks in the city. The parks are essential for keeping the city fresh and cool. Pedestrians and motorists can rest in the parks during hot days. Each park is named after one of the country's heroes who sacrificed body and soul during the struggle of independence. But the condition of some of the parks is saddening. They are neglected and full of litter.

Garuda transfers 19 F28s to Air Force and Merpati

Garuda transfers 19 F28s to Air Force and Merpati JAKARTA (JP): The country's flag carrier Garuda Indonesia yesterday handed over 19 aging Fokker-28 aircraft to the Air Force and its sister company Merpati Nusantara Airlines.

Djajanti, MMC sign $250m business deal

Djajanti, MMC sign $250m business deal JAKARTA (JP): The Djajanti Group of Indonesia and Malaysia Mining Corporation (MMC) have agreed to promote cooperation in the fishery, agricultural and cement businesses involving investments of US$250 million.

State-run 'TVRI' mulls showing rapists' photos to the public

State-run 'TVRI' mulls showing rapists' photos to the public JAKARTA (JP): Director General for Radio, Television and Film Alex Leo Zulkarnaen thinks the idea of broadcasting the names and photographs of rapists on state-run television TVRI is worth looking into. Minister of Women's Roles Mien Sugandhi recently suggested that television play a role in the prevention of rape by pillorying rapists in broadcasts.

Ulema's biography published soon

Ulema's biography published soon SURABAYA, East Java: A biography of As'ad Syamsul Arifin, a prominent figure in the largest Moslem socio-religious organization, Nahdlatul Ulama (NU), will be launched Sunday. The book's author, Choirul Anam, told Antara yesterday that the biography would settle the controversy surrounding the late ulema, the founder of the Salafiyah Syafi'iyah Islamic Boarding School in Situbondo, East Java.

W. Jakarta lacks tourist sites

W. Jakarta lacks tourist sites The head of the West Jakarta Tourism Office, Parlindungan Hutabarat, expressed concern over the lack of large-scale tourist attraction sites in the West Jakarta mayoralty. West Jakarta is the only mayoralty in Jakarta which has a limited number of tourist attractions, he said. Large-scale tourist centers are badly needed to enable the mayoralty to accommodate a greater number of tourists, he said.

Indigenous company

Indigenous company We have been asked by our shareholder, PT Tridaya Upayamanunggal, to write and inform you that part of the story under the heading Semen Andalas cuts debts in The Jakarta Post, Oct. 26, 1994, should be corrected to prevent misinformation and harmful negative consequences. PT Tridaya Upayamanunggal is a 'pribumi' independent company and not a unit of, nor subsidiary of, Indocement Group. NONO F PADMODIMULJO Director & Company Secretary PT Semen Andalas Indonesia Jakarta