Indonesian Political, Business & Finance News

Archive: 2 November 1994

49 articles found

Chinese president to visit Malaysia

Chinese president to visit Malaysia KUALA LUMPUR (AFP): China's President Jiang Zemin will make his first visit to an ASEAN country when he stops by Malaysia next week, in another sign of warming economic ties between the two rapidly-developing countries, officials said yesterday. Jiang is scheduled to arrive in Kuala Lumpur on Nov.

Flight services resume

Flight services resume JAMBI, Jambi: Flight services in and out of the city are expected to resume soon. The thick haze which has covered the area is clearing fast, said an airline official. Max Mandagi, head of the local office of Merpati Nusantara Airlines, said rain, which had been falling since the weekend, has helped clear away the haze. The haze originated from a number of forest fires in the province. The airline operates two daily flights, to and from Jakarta.

Manila to probe negotiator's status

Manila to probe negotiator's status MANILA (Reuter): President Fidel Ramos ordered the foreign office yesterday to investigate the citizenship of the top communist negotiator in peace talks with the Philippines. Former Catholic priest Luis Jalandoni, the senior rebel negotiator in talks that collapsed last month in the Netherlands, has said he has taken Dutch citizenship.

Rp 11 billion goes up in flames

Rp 11 billion goes up in flames BANJARMASIN, South Kalimantan: A blaze that swept through the Pagatan business center on Sunday caused an estimated loss of more than Rp 11 billion (US$4.8 million), an official said yesterday. The fire, which was put out five hours after it started, destroyed 270 houses, 10 shops, four inns and 600 kiosks, spokesman for the provincial government Mahmud Dimiyati said.

Bali to host national badminton tourney

Bali to host national badminton tourney JAKARTA (JP): Indonesia's top world shuttlers Joko Suprianto, Ardy B. Wiranata, Hermawan Susanto, Hariyanto Arbi, and Susi Susanti have confirmed their entry into the annual national badminton championships. The event is set for Nov. 28 to Dec. 3 in Denpasar, Bali.

Balinese prepare for holiday

Balinese prepare for holiday DENPASAR, Bali: The capital of this bustling holiday island was quieter on Tuesday as the predominantly Hindu islanders' prepare for Galungan Day, marking the victory of dharma (truth). Government and private offices have given their staff a three day holiday, Tuesday to Thursday, to prepare for, and participate in, the religious fiesta, Antara news agency reported.

Air India to serve Jakarta

Air India to serve Jakarta JAKARTA (JP): Air India will start direct flights today from Jakarta to Delhi via Singapore, the airline said here yesterday. Since October 1993 the airline has served flights between Jakarta and Bombay on Tuesdays and Sundays. The new service connecting Jakarta and Delhi will replace the Tuesday Jakarta-Bombay flight, it said. The airline said that the new service will facilitate tourism between the two countries. (hdj)

Five-day week trial for high schools only

Five-day week trial for high schools only JAKARTA (JP): The government has taken one step back in its trial of the five-day school week, which has been given surprising opposition by Moslem organizations. The plan will now be tried only with high schools. The decision was announced yesterday by leaders of the Muhammadiyah, an influential Moslem organization which runs hundreds of schools, after they met with President Soeharto at Merdeka Palace.

Cops tried for killing student

Cops tried for killing student KUPANG, East Nusa Tenggara: Prosecutors in the military tribunal demanded yesterday that two police sergeants be sentenced to a total of seven years for assaulting a student to death in April. Prosecutor Lt. Col. C.A. Bustary demanded that Second Sergeant HF and First Sergeant CK be jailed for four and three years respectively for assaulting Jerry Manafe.

Govt to curb expansion of industrial estates

Govt to curb expansion of industrial estates JAKARTA (JP): The government will curb the expansion of industrial estates in Java and introduce fiscal and monetary incentives to encourage investors to expand businesses to less developed provinces in the country, a minister says.

Drug bust in traffic operation

Drug bust in traffic operation JAKARTA (JP): Police in Jambi got more than they bargained for during a traffic operation -- they discovered a huge consignment of marijuana. Chief of Jambi Police Col. Soeyono said that his men found a total of 47 kilograms of dried marijuana on board four buses on their way from Aceh to Jakarta. The discovery occurred during the Operasi Zebra Gajah '94 targeted chiefly against reckless drivers and traffic violations, the Antara news agency reported.

Foreign Ministry not informed of Moslems' Israel trip

Foreign Ministry not informed of Moslems' Israel trip JAKARTA (JP): The Ministry of Foreign Affairs yesterday said it had no prior knowledge of the visit a group of Indonesian Moslems made to Israel last week.

Dutch colonial time

Dutch colonial time Coming home from a trip abroad I read all the newspapers delivered during my absence. Then I read Mr de Jong's letter about Indonesia in The Jakarta Post on Sept. 27, 1994. Everybody knows that small country Holland became rich because of the spices from Indonesia, and that Columbus wanted to find these spice-islands (the rest is history).

Frequency of trash collection stepped up

Frequency of trash collection stepped up JAKARTA (JP): The city sanitation department has increased the frequency of garbage transportation by two to three times the normal rate in a bid to maintain cleanliness ahead of the Asia Pacific Economic Cooperation (APEC) meeting on Nov. 15. Moh. Subasir, head of the office, said yesterday the increased frequency of garbage transportation will be focused between major roads and the city's waste dump through deployment of more garbage trucks.

PT Indorama acquires $97.5m foreign loan

PT Indorama acquires $97.5m foreign loan JAKARTA (JP): PT Indorama Synthetics has acquired a long term loan of US$97.5 million from a consortium of foreign banks for its expansion program, which will make it the largest producer of polyester in the country by the end of 1995. The consortium is lead by the International Finance Corporation, an affiliate of the World Bank, which is providing $30 million, along with eight Singapore-based banks extending $67.5 million.

Modernization is not westernization

Modernization is not westernization Minister of Transmigration Siswono Yudohusodo said recently that modernization is not westernization. He said we live in an era where everyone is racing toward progress based on intelligence, productivity, efficiency and time consciousness. We share the minister's view.

Phenolic resin firm set up

Phenolic resin firm set up TOKYO (AFP): Japan's Sumitomo Bakelite Co. Ltd. will set up a joint venture in Indonesia in December to produce phenolic resin for sale in Southeast Asia, a spokesman said yesterday. PT Indopherin Jaya, capitalized at US$2.4 million, will be owned 45 percent by Sumitomo Durez Co., a subsidiary of the Japanese synthetic resins, and 25 percent by PT Prospect Motor, an Indonesian automaker. PT Pamolite Adhesive Industry of Indonesia and Japanese trader Kanematsu Corp.

Express Taxi responds

Express Taxi responds With regard to Ms. Lenah Susianty's letter in The Jakarta Post, on Oct. 25, 1994, complaining about our service, on behalf of the Management we would like to apologize for the inconvenience she experienced with one of our taxis. We always try to do our best to give the best service to our customers. To realize this ideal we would welcome any constructive comments or criticism concerning our services.

Four more cities declared as tourist gateways

Four more cities declared as tourist gateways JAKARTA (JP): The government yesterday declared Banda Aceh, Bandung, Ujungpandang and Mataram as new tourist gateways, adding to the 13 cities whose airports are already equipped to deal with the influx of foreigners.

Regulation on dangerous substances to be revised

Regulation on dangerous substances to be revised JAKARTA (JP): The government plans to relax the disputed regulation on the importation of goods considered hazardous to health. The Director General for Drug and Food Control of the Ministry of Health, Wisnu Katim, said yesterday that in the future, not all imported hazardous substances would have to be reported to the ministry.

Lippo Securities

Lippo Securities Correction: The net income of PT Lippo Securities during the first nine months of 1994 should have read US$8.78 million, instead of US$87.2 million as printed on this page of yesterday's newspaper. We regret the error. -- Editor

Fall in export growth

Fall in export growth Indonesia, accustomed to annual growth rates of 17 percent to 20 percent in the exports of non-oil products over the past decade, should be greatly concerned at the downward tendency in its export expansion since early this year. Preliminary figures show that in the first six months non-oil exports grew by only 6.7 percent, as against the robust growth of more than 16 percent throughout last year.

Stamp design contest awards

Stamp design contest awards JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave yesterday awarded prizes to the 10 winners of the national stamp design contest in connection with Indonesia's golden anniversary. The first three winners, whose works (shown in pictures on the right, with the first winner at the top followed by the second and third) are likely to be used for the commemorative stamps to mark the 50th independence day which falls on Aug. 17 next year.

Cooperation, unity needed in developer soccer: Try

Cooperation, unity needed in developer soccer: Try JAKARTA (JP): The key to the development of a successful national soccer league lies in solid cooperation and unity among those involved in the process, Vice President Try Sutrisno said.

Protesting at Satya Wacana

Protesting at Satya Wacana SALATIGA, Central Java: At least 3,000 students, as well as staff lecturers, at the Satya Wacana Christian University staged a protest outside the office of Rector Jon JOI Ihalauw yesterday, over the dismissal of lecturer Arief Budiman. All but one of the eight schools were represented at the demonstration. The lone exception was the School of Economics, which is supporting the rector.

Yayuk to play in Surabaya

Yayuk to play in Surabaya JAKARTA (JP): Indonesian tennis queen Yayuk Basuki will play some of Asia's best women players in the US$100,000 Wismilak Open Championships slated for Nov. 7-13 on the recently renovated hard court surface of the Embong Sawo stadium in Surabaya, East Java.

Japan wants RI to omit free trade area from APEC

Japan wants RI to omit free trade area from APEC TOKYO (AFP): Japan is asking Indonesia to omit any reference to a free-trade area in a statement to be issued by leaders of the Asia-Pacific Economic Cooperation (APEC) forum, a Japanese news agency reported yesterday. Meanwhile, Malaysia's International Trade and Industry Minister Rafidah Aziz said in Kuala Lumpur yesterday that the APEC forum is being unrealistic in setting a target year for regional free trade.

CIA's role in anti-communist drive denied

CIA's role in anti-communist drive denied JAKARTA (JP): President Soeharto said here yesterday that the U.S. Central Intelligence Agency (CIA) had nothing to do with Indonesia's campaign to crush the Communist Party (PKI) in 1965. "The operation to destroy the PKI was totally and successfully done by Indonesians alone," he told a delegation of Muhammadiyah leaders at his Bina Graha office.

Gangs suspected in chain of robberies

Gangs suspected in chain of robberies JAKARTA (JP): Several gangs are suspected as being responsible for fifteen armed robberies in Bekasi township over the past two weeks, police sources say. The first robbery occurred on Oct. 16 at the house of H. Kuma Achid, a resident of Jatiwangi village in Cibitung district. The burglars made off with Kuma's car, Rp 6 million in cash (US$2,744), gold jewelry, a TV set and a tape recorder.

TV today

TV today TVRI 2:30 p.m. TV Series: Prince Valliant 3:05 Gita Wicara 3:30 Science Program 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05 TV Drama 9:00 World News 9:30 Music 10:35 Late News 10:45 Film: Things In Their Season Program 2 4:30 p.m.

RI improves Taiwan office

RI improves Taiwan office TAIPEI (AFP): Indonesia will expand and rename its office in Taiwan in a bid to further strengthen economic and investment ties, local press reported yesterday. The Indonesian Chamber of Commerce to Taipei will be renamed the Indonesian Economic and Trade Representative Office in Taipei while its staff will be expanded to handle the rapidly increasing trade between the two countries, the Economic Daily News said.

Six killed in road accidents

Six killed in road accidents SURABAYA, East Java: Six people were killed and 22 others injured in road accidents in several towns throughout East Java on Sunday, police said yesterday. Spokesman for the East Java police regional command Lt. Col. Ahmad Rifai said all accidents happened because the drivers violated traffic regulations. Traffic accidents involving fatalities occurred in Jember, Pacitan, Gresik, Sidoarjo, Ngawi and Bangkalan.

NZ MPs see Dili prisoners

NZ MPs see Dili prisoners DILI, East Timor: Five New Zealand members of parliament were impressed by the way the authorities treat prisoners at the Becora correctional institution here, the warden said. Ngaino, director of the institution, told Antara Monday that the parliamentarians were satisfied to see the prisoners were treated "well and humanly", which was more than they expected.

AWA and CWA produce calendar

AWA and CWA produce calendar The American Women's Association (AWA) and the Canadian Women's Association (CWA) have joined together to produce a 1995 color calendar titled Indonesian Impressions. The calendar features Indonesian landscape scenes painted by the well-known Canadian artist Ken Pattern. Indonesian Impressions contains 13 reproductions of Ken's paintings, boxes for noting information, as well as the American, Canadian, Indonesian and Jakarta International School holidays.

Sularso Sopater re-elected PGI chief

Sularso Sopater re-elected PGI chief JAKARTA (JP): Chairman of the Communion of Churches in Indonesia (PGI) Rev. Sularso Sopater was re-elected for another five year term in a grand assembly that ended in Jayapura, Irian Jaya, Sunday night. The electoral board led by Rev. I.W. Mastra, also re-elected Pattiasina as Secretary General, Rev. Weinata Sairin as vice secretary general and Endang Wilandari Supardan as vice treasurer, while Ichsan K. Gunawan was chosen as the new treasurer.

Postal firm starts mail order business

Postal firm starts mail order business JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave yesterday kicked off the operation of `Belanja Lewat Pos', a mail order service introduced by the state-owned postal service Perusahaan Umum Pos dan Giro (PPG). "The service, which cuts distribution lines, offers goods of high quality at prices lower than those charged at marketplaces," he said.

Two tin dredgers revamp in Malaysia

Two tin dredgers revamp in Malaysia KUALA LUMPUR (AFP): Malaysia Mining Corp. Bhd. (MMC) has announced plans to revamp ailing associate Berjuntai Tin Dredging Bhd. and subsidiary Kramat Tin Dredging Bhd., as depressed tin prices push many miners to quit. Kramat Tin, a 79-percent owned unit of MMC, will link up with an Indonesian timber concession, MMC chairman Abdul Sukor Shahar was yesterday reported as saying in local newspapers.

Aviation center offers pilot training for free

Aviation center offers pilot training for free By T. Sima Gunawan TANGERANG, West Java (JP): Who says it costs a lot of money to become a pilot? Not the prestigious flying school here, which seeks to break new ground through their subsidized programs at the Curug Aviation Training Center (CATC). Under the management of the Ministry of Transportation, the CATC offers free education for those who pass all enrollment tests.

Fifteen students to be questioned

Fifteen students to be questioned Local police are investigating a clash between students of the Faculty of Technics and members of the student regiment of the University of Tujuhbelas Agustus in North Jakarta. Head of the North Jakarta police precinct, Lt. Col. Edi Darnadi, told The Jakarta Post yesterday police will begin the questioning today of at least 15 students from both sides.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices closed mostly higher on the Jakarta Stock Exchange (JSX) yesterday in active trading. The broad-based Composite Index closed at 524.65, 1.15 points higher than 523.49 on Monday. The narrower-based GTDBS-50 Index also ended higher at 125.79, as compared to 125.16. Shares increasing significantly were, among others, HM Sampoerna (up Rp 200), Lion Metal and Berlina (up Rp 150 each).

Half of Citraland apartments has already been sold

Half of Citraland apartments has already been sold JAKARTA (JP): Citraland Regency, a posh 24-story apartment project owned by PT Citraland Liang Court on Jl. Dr. Satrio in Central Jakarta, has already sold 50 percent of its units, an executive said yesterday. The company's president, Candra Ciputra, said that 72 of its 142 apartment units were already bought by local people and he was optimistic that the remaining 70 units would be sold by their completion in Nov. 1995.

Public welcomes Moerdiono's APEC meet holiday idea

Public welcomes Moerdiono's APEC meet holiday idea JAKARTA (JP): After watching the rehearsal of the convoy of Asia Pacific Economic Cooperation (APEC) delegates yesterday, a minister, police officers and the public expressed the view that Nov. 14 and 15 should be declared holidays in Jakarta and Bogor.

Questionnaires results

Questionnaires results We are a subscriber of The Jakarta Post. On your Sept. 9, 1994 edition, you distributed Lifestyle questionnaires. I am interested to know whether the results will be published in one of your editions, or will they be announced separately. And if so, is it available to the public? SYLVANO DAMANIK Principal Consultant PT Hay Management Consultants Indonesia Jakarta Note: The results of the questionnaires will be printed in booklet form and will be available on request.

Bali is prone to drug business

Bali is prone to drug business DENPASAR, Bali (JP): The provincial prosecutor's office advised the Ngurah Rai, Bali, airport authorities to keep an eye out for any possible drug trafficking. Fachri Qasim, head of the office, said that the airport is a strategic transit spot for international drug trafficking as it connects the European and Asian continents with Australia, Antara reported.

City running out of funds to construct cheap apartments

City running out of funds to construct cheap apartments JAKARTA (JP): The city administration will be able to build only 3,150 low cost apartments per year, 30 percent of the annual demand, an official said yesterday. "The administration does not have the funds to meet the demand, which is estimated to be 10,500 units annually," said Nusmardi, head of the apartment control department of the city housing office.

YLBHI: An asset or a national threat?

YLBHI: An asset or a national threat? The Indonesian Legal Aid Foundation (YLBHI), one of the best known non-government organizations in Indonesia, celebrated its 24th anniversary last week. Sociologist Kastorius Sinaga argues that whoever sees it as a threat is actually the destabilizing factor. JAKARTA (JP): Unlike previous anniversaries, the celebration of the YLBHI anniversary appeared to be overshadowed by unfavorable conditions.

Car thieves captured in West Jakarta

Car thieves captured in West Jakarta JAKARTA (JP): The chief of crime investigation directorate of West Jakarta police said yesterday that they have captured five suspects alleged to have killed Suryadi Sundarsono after stealing his car on Jl. S. Parman toll road, West Jakarta. Maj. Bahdarudin Haiti identified the robbers as Zum, Yad, K, S and W. They were apprehended in the Kebon Jeruk area in West Jakarta while trying to sell Suryadi's Isuzu Panther car on Sunday.

More protests against 'Menwa'

More protests against 'Menwa' SEMARANG: Hundreds of students from various higher education institutions across Central Java converged on the campus of the August 17 University on Tuesday to stage a protest against the existence of student regiments in their midst.

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.