Indonesian Political, Business & Finance News

Archive: 22 November 1994

43 articles found

Fatal accidents marred festivity

Fatal accidents marred festivity PROBOLINGGO, East Java: Two road accidents that claimed two lives marred this year's Kasada, a traditional Hindu festival in the Tengger tribal community, on Sunday, according to a press report yesterday. Five people were seriously injured and several others slightly hurt in separate accidents involving a tourist bus and a motorbike. Thousands of local and foreign holidaymakers flocked to Mount Bromo where the religious ritual took place.

Motocross c'ship draw more riders

Motocross c'ship draw more riders JAKARTA (JP): The Lucky Strike international motocross championships in Indonesia has attracted an increasing number of foreign riders during the past three years. Dolly Indra Nasution of the Indonesian Motor Association (IMI) said on Sunday the organizers vow to continue the success as IMI holds the motocross world championship next year. "The past three years have also seen automotive sport produce a number of tremendous local racers," Dolly added.

RI hails rules on endangered species

RI hails rules on endangered species JAKARTA (JP): Indonesia welcomes the decisions made at the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) which ended Friday, giving individual countries the authority to control exports of certain rare species.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices weakened on the Jakarta Stock Exchange (JSX) yesterday with most issues losing ground in heavy trading. The broad-based Composite Index lost 3.17 points to close at 506.65 yesterday from 509.83 on Friday. The narrower-based GTDBS-50 Index weakened as well to end at 119.73 from 120.51. A broker at JSX said that Sekar Laut and Lippo Bank listed yesterday 16.8 million and 95.22 million ex-bonus shares respectively.

Diamond setters urged to join contest

Diamond setters urged to join contest JAKARTA (JP): The Diamond Information Center is inviting as many local diamond jewelry designers as possible to join the Asia-Pacific diamond competition in Hong Kong next February. Nani Budiman, a representative of the information center, said over the weekend that the Asia-Pacific competition, to be held on Feb. 16 and 17, is part of the biennial Diamonds International Awards in 1996.

Mayor call for order at Pondok Labu market

Mayor call for order at Pondok Labu market JAKARTA (JP): South Jakarta Mayor H. Pardjoko has expressed concern over the many street vendors who recklessly operate in and around the Pondok Labu market. Pardjoko ordered his subordinates to immediately patrol the vendors operating at Pondok Labu market and check for proper licensing and positioning.

Indonesians are lazy readers and writers

Indonesians are lazy readers and writers JAKARTA (JP): Indonesians are among the laziest readers and writers in the world, according to a senior official of the Ministry of Education and Culture. Zainal Arifin Achmady, the Director General for Basic and Intermediate Education, added that the rapid development of information technology is not helping either.

NGOs insist they have right to sue President

NGOs insist they have right to sue President JAKARTA (JP): Non-governmental organizations locked in a legal wrangle against President Soeharto over his controversial decree insisted yesterday they had the right to sue him. Lawyers representing six non-governmental organizations urged the Jakarta State Administrative Court to go ahead with trying the President for issuing a decree diverting Rp 400 billion (US$182.9 million) reforestation funds to IPTN, the state-owned aviation company.

UI engineering school excels on many fronts

UI engineering school excels on many fronts JAKARTA (JP): Rector of the University of Indonesia (UI) M.K. Tadjudin yesterday said the university's school of engineering has many advantages over other engineering schools because it is supported by a wide variety of science fields. The rector was speaking at a seminar which discussed infrastructure in urban housing and industrial estates. The seminar was held to celebrate the school's 30th anniversary.

Eight best teams prepare for ATP world double meet

Eight best teams prepare for ATP world double meet JAKARTA (JP): Eight of the world's best teams are here now for the ATP World Doubles championship, with seven of them hoping to put a stop to the winning streak of title holders Paul Haarhuis and Jacco Eltingh. Since the heyday of the super team of John McEnroe and Peter Fleming in 1978-1986, the World Doubles championship crown has always changed hands, sometimes unexpectedly.

Foreign press get marching orders

Foreign press get marching orders DILI, East Timor (JP): Three American journalists and one Briton were given marching orders by the military yesterday for visiting East Timor without the consent of the authorities. East Timor Military Chief Col. Kiki Syahnakri said the four men were put on a flight to Denpasar, Bali. They were identified as Jeff Widener and Craig Fujii of the Associated Press, Jonathan Drake of Reuters and Simon Beardsell of Worldwide Television News (WTN).

APEC meet is Indonesia's success story: Moerdiono

APEC meet is Indonesia's success story: Moerdiono JAKARTA (JP): The government said yesterday that Indonesia's hosting of the Asia Pacific Economic Cooperation (APEC) leaders meeting last week was a success, both in terms of substance and logistics. "I think we have succeeded in satisfying our guests," Minister/State Secretary Moerdiono told reporters yesterday.

French national robbed

French national robbed A French woman, in her 30s, has reported the theft of her bag containing important cards, addresses and papers to the South Jakarta police precinct. She said over the weekend she was robbed by an unidentified man riding on a motorcycle at the Grand Wijaya Center.

Bogor pact dictates need for clean govt

Bogor pact dictates need for clean govt The Asia Pacific Economic Cooperation leaders meeting in Bogor has just ended. The immediate task for member countries is to pave the way for trade liberalization. One of the obvious challenges is the creation of clean government. Charles Himawan, an expert on law, takes a close look at this problem. JAKARTA (JP): President Soeharto wisely remarked recently that everyone must support the implementation of human rights.

Family killed in accident

Family killed in accident BOYOLALI, Central Java: Four people, three from one family, were killed when a speeding bus slammed head-on into their car yesterday. The collision occurred at 1 p.m. and also injured a motorcyclist. Those killed were a man, his wife, their two-year old son and their friend. The accident happened when intercity bus Mulyo Indah was trying to overtake a truck and was unable to avoid the oncoming sedan, witnesses said.

Small-scale business

Small-scale business From Pikiran Rakyat Referring to the article published in Pikiran Rakyat, Oct. 11, 1994, headed Pengusaha Penerima Dana BUMN, Dipungli (Illegal levies collected from entrepreneurs receiving state owned companies funding). As an observer of development of small-scale business, I would like to make the following comments. * In the context of realizing a just and prosperous society, development of small-scale businesses constitutes part of the program for eradicating poverty.

OPEC told to unite in setting prices

OPEC told to unite in setting prices By Frits H. Pangemanan KUTA, Bali (JP): President Soeharto yesterday urged ministers of the Organization of Petroleum Exporting Countries (OPEC) meeting here to close ranks and take measures to prop up oil prices on the world market.

Telkom's poor services, marketing criticized

Telkom's poor services, marketing criticized JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave warned the state domestic telecommunications operator, PT Telekomunikasi Indonesia (Telkom), to improve its marketing strategy and service or lose out as competition gets rougher. "Competition in the telecommunications industry has just begun," Joop warned at the opening of a conference on improving the quality of telecommunications services yesterday.

Kadin tells govt, private sector to better efficiency

Kadin tells govt, private sector to better efficiency JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) yesterday called on the government and private sector to improve efficiency to face the liberalization of trade and investment set by the Asia Pacific Economic Cooperation (APEC) forum.

City bids farewell to top crime 'reporter'

City bids farewell to top crime 'reporter' JAKARTA (JP): Armed with a prayer rug, a newspaper clipping of a new police cadet and a strong will, a young goat shepherd got into a passing truck heading to the North Sumatra capital of Medan from his small hometown of Binjai many years ago. From Medan, the shepherd, now a police colonel, was then transported by bus, along with his colleagues, to Java. "On the way, I couldn't sleep well for my goats were constantly on my mind," said shepherd A.

Proposed pact hits snag

Proposed pact hits snag MANILA (AFP): A proposed military agreement that would allow U.S. warships to resupply and undergo repairs in the Philippines has hit a snag, with Filipino Defense Secretary Renato de Villa rejecting "ambiguous or objectionable" draft provisions.

Image and world press

Image and world press Beyond a doubt Indonesia was a good host during last week's meeting of the Asia-Pacific Economic Cooperation leaders, although some parties tried to tell the world this country had no right to do the job due to its human rights record. To the foreign press and human rights organizations, Indonesia's image problem worsened greatly with the banning of the Tempo, DeTIK and Editor weeklies in the middle of this year.

Search still on for missing plane

Search still on for missing plane JAYAPURA, Irian Jaya: Search and rescue workers embarked on a massive operation yesterday to relocate a light aircraft with three people on board which went missing in Jayawijaya, Irian Jaya, on Sunday. They have mobilized three planes and two helicopters, sweeping the jungle of Oksibil subdistrict where the Navayu plane is believed to have gone down.

Dossiers on Unas students delivered

Dossiers on Unas students delivered The South Jakarta police have transferred the dossiers of the 12 students of the National University (Unas) accused of burning the command post of the university's student regiment late last month to the local district prosecutors' office. The police precinct chief, Lt. Col. Silvanus Julian Wenas, announced to reporters through his adjutant over the weekend that the dossiers had been completed.

Central Bank governor warns of new economic overheating

Central Bank governor warns of new economic overheating JAKARTA (JP): Bank Indonesia (Central Bank) Governor Soedradjad Djiwandono warned banks here yesterday to slow down their lending growth to prevent another economic overheating. Speaking at an annual congress of the Association of Real Estate Developers (REI), Soedradjad said that lending growth in the last eight months of this year surpassed the central bank's safe level.

East Timor youths' illusion?

East Timor youths' illusion? We may feel outraged by the behavior of East Timorese youths who remain holed up at the United States embassy in Jakarta since the recent APEC meeting. In the end, however, pondering the phenomenon with a cool head, a feeling of compassion sets in. Hopefully, this feeling, a fatherly one, will reign in the government's handling of the protesters.

Meeting on city planning

Meeting on city planning JAKARTA (JP): State Minister of National Development Planning Ginandjar Kartasasmita and Minister of Public Works Radinal Moochtar are scheduled to speak at a seminar to be held by the association of planners here on Dec. 1 and Dec. 2. The seminar will focus on the participation of people in the drafting of city master plans and the effects of private investments on the management of city development.

Chaotic development

Chaotic development From Republika After reading the article about the Javanese rhinoceros in the Republika Nov. 1, 1994, I was delighted but at the same time concerned over the situation around Ujung Kulon National Park. The article is very sincere and exciting. But it is saddening to learn that most of the land in the area is owned by Jakarta residents, companies, various pensioner organizations and conglomerates.

Goh visits NZ, focusing on trade

Goh visits NZ, focusing on trade WELLINGTON (Reuter): Singaporean Prime Minister Goh Chok Tong arrived in New Zealand yesterday for a four-day official visit expected to focus on trade. Goh flew into Christchurch and will tour the International Antarctic Visitors Center there before leaving for the capital Wellington to meet Prime Minister Jim Bolger, an official statement said.

Multicom Development

Multicom Development Referring to Mr. Bambang Haryanto' letter entitled Computer multimedia (translated from Bisnis Indonesia) published in The Jakarta Post of Nov. 18, 1994 issue, stating his opinion about computer companies in Indonesia, I was urged to write this letter. Since we didn't take part in the "Computer City Goes Multimedia" exhibition, I don't know exactly what really happened, nor how the exhibition went. But I do understand your disappointment.

Journalists' presence questioned

Journalists' presence questioned JAKARTA (JP): Two members of the East Timor legislative assembly and an information official said yesterday the presence of foreign journalists in the territory is disturbing the peace. Gabriel da Costa, chairman of the local chapter of the Indonesian Democratic Party, accused the foreign journalists of "colluding" with clandestine groups to stir up trouble in East Timor.

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.

S'pore, RI firms tie up

S'pore, RI firms tie up SINGAPORE (AFP): Indonesian firm PT Bukaka Teknik Utama entered into agreements yesterday with Singapore Telecom and two other local companies on bids for multi-million dollar telecommunications and energy projects in Indonesia. The signing of the agreements, witnessed by Indonesian Finance Minister Mar'ie Muhammad and his Singaporean counterpart, Richard Hu, was described as a collaboration for mutual business gains.

Garbage piling up in rivers

Garbage piling up in rivers Head of the City public works office Soeharto says that the total garbage thrown into Jakarta's waterways reaches over 1,400 cubic meters per day. He said over the weekend that the large quantity of garbage contributes to floods during the rainy season. The massive volume hinders the office's effort to clean up the rivers to help facilitate water flow, he said.

Irian Jaya quake injures 28 people

Irian Jaya quake injures 28 people JAKARTA (JP): A strong earthquake hit Serui, the capital of Irian Jaya's Yapen Waropen regency yesterday, injuring 28 villagers and destroying dozens of buildings. The Jayapura-based meteorology and geophysics office recorded the 2 a.m. quake at 5.6 on the Richter scale. The epicenter was located 33 kilometers west of Serui.

East ASEAN moves for free trade zone

East ASEAN moves for free trade zone By Mynardo Macaraig DAVAO, Philippines (AFP): After years out in the economic cold, the less developed regions of the Philippines, Indonesia and Malaysia along with wealthy Brunei, have laid the groundwork for what could become a mini free trade area. But the conference for the creation of the East ASEAN Growth Area (EAGA), held this weekend in this southern Philippine city, also highlighted the difficulties faced in harmonizing these areas into a trade zone.

Time delivery disappointing

Time delivery disappointing From Bisnis Indonesia I have been subscribing to Time magazine from the distributor Gunung Agung/Indoprom. The deliveries used to be very satisfactory. Unfortunately that is now not the case. Since July this year their services have been very poor. I often receive an issue much later than the date of publication. Sometimes a number of issues are delivered at the same time, and sometimes a particular copy never turns up.

Respect pedestrians!

Respect pedestrians! From Pikiran Rakyat Although I am not motorist, I want to have the same rights as other road users. Everyday on my way home after work I have to cross the street at the traffic lights on Jl. Kopo. All pedestrians are supposed to be able to cross the street there freely and without fear. But in reality, crossing the street is surprisingly dangerous. While crossing the street when the light for traffic is red, a vehicle may came speeding at you quite unexpectedly.

Kassandra cuts productivity

Kassandra cuts productivity JAKARTA (JP): If you have noticed a decline in daily productivity, don't be too hard on your workers, blame it on Kassandra. Latin American soap operas broadcasted by national television networks during the day have become so popular that they have begun to take their toll on worker productivity in Indonesia, female in particular, according to a Semarang consumer agency.

Utut, Seirawan draw in exhibition match

Utut, Seirawan draw in exhibition match JAKARTA (JP): Indonesia's number one grand master Utut Adianto and American grand master Yasser Seirawan tested each other's acuity in a two-round rapid chess exhibition here yesterday. The short games, which ended with draws at the 58th move in the first and the 63rd move in the second round, were part of their preparation for the other four-day duel sanctioned by the world chess body (FIDE).

More complaints expected about bogus colonel

More complaints expected about bogus colonel JAKARTA (JP): Bogor police are expecting more reports from city residents concerning a 25-year-old woman, detained on charges of cheating at least four illegal taxi operators, three car showroom owners and a housewife. "We certainly hope that people who have been cheated by this suspect will lodge reports at our office along with data and available material evidence," said chief of the Bogor police precinct Col. Sjachroedin ZP.

Defunct `Tempo' journalists demanding own license

Defunct `Tempo' journalists demanding own license JAKARTA (JP): A number of former journalists of the defunct Tempo weekly called on the government yesterday to consider giving them a new publishing license for the sake of democracy.

Don't rely on government for job

Don't rely on government for job DILI, East Timor: Mayor Oscar C. Dacosta Belo advised local teenagers yesterday to develop an entrepreneurial spirit and never rely on the government for employment. He advised job seekers should turn to the private sector for employment because the government's ability to create jobs was very limited. Dacosta Belo said local high school graduates generally want to become civil servants instead of going into business for themselves and creating jobs for others.