Indonesian Political, Business & Finance News

Archive: 29 November 1994

45 articles found

East Java PDI rift goes on

East Java PDI rift goes on JAKARTA (JP): Keeping the conflict aflame within the Indonesian Democratic Party (PDI), Home Affairs Minister Yogie S.M. maintained his refusal yesterday to recognize leadership of the party's East Java chapter. Yogie told the House of Representatives (DPR) in a hearing yesterday that the government cannot do anything to help solve the bickering so long as there are still two figures each claiming to be the legal leader of the East Java chapter.

Dengue fever in Central Java

Dengue fever in Central Java SEMARANG, Central Java: Health authorities are warning of a dengue fever epidemic in northern coastal areas where drainage systems are a problem. The chief of the provincial office of health, Yunita R. Soewondo, said that the increasing number of people being admitted to hospitals for dengue fever indicates that an epidemic is looming. "Although no deaths have been reported, people should be wary of the strong possibility of an epidemic," she told Antara.

Pope invests second Indonesian cardinal

Pope invests second Indonesian cardinal JAKARTA (JP): Julius Darmaatmadja, the archbishop of Semarang, was invested by Pope John Paul II on Saturday, becoming Indonesia's second cardinal. Cardinal Julius, who is also head of the presidium of the Indonesian Bishops Conference, was one of 30 new prelates from 24 countries who attended the investiture ceremonies held at St. Peter's Basilica in the Vatican over the weekend. Born in Muntilan, Central Java, on Dec.

Timber firms need no permit to go public

Timber firms need no permit to go public JAKARTA (JP): Minister of Forestry Jamaludin Suryohadikusomo said yesterday that timber companies intending to sell their shares to the public no longer need to require permission from his office. He said that the Ministry of Forestry will instead publicly disclose the viability of any timber companies intending to sell their shares to the public.

Chens clinch Johnnie Walker

Chens clinch Johnnie Walker JAKARTA (JP): Marshall Golf Club maintained Chinese Taipei's domination at the Johnnie Walker championship, when its three-man team won Asia's symbol of inter club golf supremacy in Nusa Dua, Bali, on Sunday.

Singapore expects to draw more foreign investments

Singapore expects to draw more foreign investments SINGAPORE (AFP): Singapore hopes to draw between US$2.5 billion and $3.5 billion a year into manufacturing to sustain its long-term growth projection of four-to-six percent, a local newspaper reported yesterday. Trade and Industry Minister Yeo Cheow Tong said investment in manufacturing should grow steadily from a base of $4 billion, expected to be reached this year.

Problems hinder anti-flood programs

Problems hinder anti-flood programs JAKARTA (JP): Various factors, ranging from reckless housing development to the community's bad habits hinder the city administration's efforts to protect certain areas prone to floods, an official said yesterday. Chief of the city public works office, Soeharto told reporters many factors hinder the administration's efforts to eliminate flood problems in the city's flood prone areas.

Police hopeful of solving Beng Seng murder

Police hopeful of solving Beng Seng murder JAKARTA (JP): Police said yesterday they see the light at the end of the tunnel in the Beng Seng murder. They expect to be able to arrest all of his attackers along with the person who plotted the killing of the entertainment businessman Nyo Beng Seng, who was stabbed to death seven months ago. In a hearing with members of the House of Representatives, National Police Chief Gen.

Lippo Hospital being built

Lippo Hospital being built JAKARTA (JP): Former coordinating minister for economy, finance and industry Radius Prawiro in his capacity as the chief commissioner of PT Nusa Medika Perkasa (NMP) has inaugurated the construction of a medical training center called the Siloam Gleneagles Hospital in Lippo City, Tangerang.

Soeharto opens meet on the disabled

Soeharto opens meet on the disabled JAKARTA (JP): President Soeharto said yesterday that Indonesia was determined to ensure that disabled people enjoy the same business and employment opportunities as other Indonesian citizens. "We are trying to see to it that disabled persons lead a life in accordance with their abilities and human dignity," he said when opening the fourth Disabled People's International Asia- Pacific Regional Assembly.

RI gets satellite loan

RI gets satellite loan JAKARTA (JP): The Export Import Bank of the United States and Bank Ekspor Impor Indonesia have signed an agreement on a loan of US$125 million for the financing of the purchase of two Hughes HS-601 telecommunications satellites and related equipment.

Air SAR exercise involves S'pore

Air SAR exercise involves S'pore JAKARTA: Six officers from Singapore's air force are taking part in the Indonesian Air Force Search and Rescue exercise from Nov. 28 through Dec. 1 in the West Java regency of Sukabumi. Operation commander of the Indonesian Air Force, Rear Air Marshall I.G. Sudana, said in the opening ceremony here yesterday said that Singapore's first-ever participation was expected to better military relations between the two countries.

Surakarta needs Rp 178 billion

Surakarta needs Rp 178 billion SURAKARTA, Central Java: The municipal administration needs Rp 178 billion (US$86 million) to develop the city as the province's "international gate". Mayor Hartomo said recently that the government would need five years to develop the ancient city into one which has adequate facilities to function as an international transit point.

Financing small business

Financing small business Minister of Finance Mar'ie Muhammad received significant political support for his campaign to promote new sources of financing for small-scale firms in the provinces when President Soeharto bought 10 shares worth Rp 10 million (US$4,580) in a newly-established venture capital company in Yogyakarta on Saturday.

Reports on East Timor not yet neutral

Reports on East Timor not yet neutral By Bilveer Singh SINGAPORE (JP): Even though the East Timor issue is closely connected to Portugal's domestic politics, the western media prefers to ignore it. Journalists seldom ask what really caused the problem. This has been seen repeatedly over the last 20 years, in particular whenever a flare-up breaks out in East Timor, be it on Nov. 12, 1991, or on Nov. 12, 1994, just before the APEC leaders conference.

Pelita Jaya pulls out of badminton tournament

Pelita Jaya pulls out of badminton tournament JAKARTA (JP): Defending champion Pelita Jaya has pulled out of the Fourth Ardath Cup national junior badminton championships, citing "unfair treatment" by the organizing committee. The last minute withdrawal of the leading Jakarta-based badminton club came as a great surprise when it was announced yesterday shortly after the opening ceremony of the annual event at the Yuwana Mandala sports hall in Denpasar, Bali.

One week after erruption, Merapi still said dangerous

One week after erruption, Merapi still said dangerous YOGYAKARTA (JP): One week after the massive eruption that has killed 46 people to date, rescue workers in search of missing villagers on the slope of Mt. Merapi still have not been given the green light to enter areas declared as dangerous. Members of the Yogyakarta Search and Rescue (SAR) agency have been on stand-by at their various posts since Wednesday.

Sulawesi students get Hepatitis B

Sulawesi students get Hepatitis B UJUNGPANDANG, South Sulawesi: Over 100 senior high school students in the mayoralty have Hepatitis B. A recent health examination of 300 high school students in the city found out that 100 of them had Hepatitis B symptoms, the chief of the provincial health office, H. Jasmin, said yesterday. Health officials checking on local hospitals found another 51 students undergoing medical treatment for Hepatitis B, he said.

Campus jazz fest marks 17 years

Campus jazz fest marks 17 years JAKARTA (JP): Jazz Goes to Campus (JGTC), the University of Indonesia's annual jazz concert, celebrated its 17th anniversary by thrilling some music lovers and disappointing others last Saturday. For the second time in its history, the concert was held on the new vast campus of the University's School of Economics in Depok. The event used to be held in the university's amphitheater.

Television series aims to educate about AIDS

Television series aims to educate about AIDS JAKARTA (JP): Prominent Indonesian drama group Teater Koma, in cooperation with the Ministry of Health, the Ford Foundation and Gapura Production, will screen a television miniseries about a woman infected with the Human Immunodeficiency Virus (HIV), in recognition of international AIDS day which falls on Dec.1. The miniseries Suryakanta Kala, or Onah and her dreams, to be screened over three days by state-owned TVRI tonight and on Dec.

Stock Exchange

Stock Exchange JAKARTA (JP): Shares prices on the Jakarta Stock Exchange (JSX), which went below its psychological level of 500 over the past few weeks, continued losing ground with its broad-based Composite Index dropping to 486.84 yesterday from 487.57 on Friday. The narrower-based GTDBS-50 Index also eased to close to 144.67 from 114.84. Petrosea recorded no transactions after an adjustment of the listing of its bonus shares at a total of nine million.

Students protest over French headscarf policy

Students protest over French headscarf policy JAKARTA (JP): Dozens of university students staged a peaceful demonstration in front of the French Embassy yesterday morning to protest against the country's national ban on Moslem headscarves in school. The students, numbered around 25, came from various state- and privately-owned universities in Java, including the famous Bandung Institute of Technology, National Islamic Institute of Jakarta and the Teachers Institute in Bandung.

Internal feud in PDI

Internal feud in PDI In the recent congresses of two organizations, the Indonesian Democratic Party (PDI) and the Indonesian Chamber of Commerce (Kadin), a new phenomenon called "arus bawah" (grassroots channel) emerged. Since then discussion of how the government has reacted to this phenomenon -- democratically or not -- has been topical. In any organization, there are always people who are not satisfied with the leadership.

Eco-labeling boosts, not hinders exports

Eco-labeling boosts, not hinders exports JAKARTA (JP): Indonesian exporters should not see eco- labeling requirements imposed by most developed countries as trade barriers but, instead, as a tool to persuade costumers in those countries to buy Indonesian products, an executive says.

RP volcano rains ash on villages

RP volcano rains ash on villages MANILA (Reuter): A Philippine volcano showered six villages with ash after an earthquake shook the mountain for 14 minutes but there were no casualties, scientists said yesterday. Mount Bulosan in Sorsogon province, 250 kilometers southeast of Manila, rumbled back to life on Monday night, forcing volcanologists to declare a radius of four kilometers from its crater off-limits to people.

Tangerang probes massage parlor

Tangerang probes massage parlor TANGERANG (JP): The Tangerang administration will summon the owner of Classic massage parlor, located on the fourth floor of the Model building on Jl. Merdeka, because it is strongly believed to have abused the operating permit issued for such a massage parlor.

Boutros-Ghali to send envoy to East Timor

Boutros-Ghali to send envoy to East Timor JAKARTA (JP): United Nations Secretary General Boutros Boutros-Ghali is sending a special envoy to East Timor as a forerunner to the fourth round of talks in January between Indonesia and Portugal. Indonesian Minister of Foreign Affairs Ali Alatas made the confirmation yesterday but emphasized that various envoys would be sent. "Ahead of the tripartite talks, the secretary general will send two envoys to Indonesia and also to Portugal," Alatas said.

Woman arrested over drug

Woman arrested over drug JAKARTA (JP): Central Jakarta police detectives have arrested a 44-year old woman believed to have acted as a large-scale distributor of marijuana, delivered from Aceh on the northern tip of Sumatra. Head of the police precinct Lt. Col. Murawi Effendi told reporters yesterday that the suspect, identified as Roslina Situmorang, was arrested in a raid at her house on Jl. Kayumas III No. 9, Pulo Gadung, East Jakarta, at 2:00 p.m. Thursday, after two months of surveillance.

Jak Jazz 1994

Jak Jazz 1994 Being a jazz fan, I am pleased that there will be another Jak Jazz this year. I have been to two previous events and found them both to be enjoyable and entertaining. I would however like to make one comment about the last Jak Jazz that was held in 1993 at Senayan, the same venue as planned for the forthcoming event. The close proximity of the stages and the overlapping of the time schedules often resulted in the audience hearing music from two sources concurrently.

All cemeteries to have multiple functions

All cemeteries to have multiple functions JAKARTA (JP): In the near future cemeteries in the capital will serve not only as burial sites, but will also function as scenic areas, greeneries as well as water catchment areas. "Our long term target is to use all city cemeteries not only as burial sites but also as city green areas and water catchments so that they can be useful for those still alive," Sjafril Zainuddin, the chief of the city cemetery office, said yesterday.

Summarecon pays dividends

Summarecon pays dividends JAKARTA (JP): PT Summarecon Agung, a property company listed on the Jakarta and Surabaya stock exchanges, announced here yesterday their plan to distribute interim dividends worth Rp 625 (around 30 U.S. cents) per share. The company said the dividends, which will be taken from the company's retained earnings in 1993, will be distributed in the form of cash and new shares.

Six more post offices in Bekasi

Six more post offices in Bekasi BEKASI (JP): The Bekasi Post and Telecommunications Office will soon open six more post offices in six villages in an effort to improve service to the public, especially for people living in rural areas. Bekasi regent Moch. Jamhari said that at the moment the Bekasi Post Office still has difficulty in delivering letters addressed to many places located deep in the villages.

Airlines fail to pay airport fees on time

Airlines fail to pay airport fees on time JAKARTA (JP): Many air carriers have failed to pay airport service fees on time, causing a decrease in the rates of return on investment for two state firms assigned to manage airports. In a hearing with Commission V of the House of Representatives here yesterday, the presidents of the two companies -- PT Angkasa Pura I and PT Angkasa Pura II -- disclosed that some air carriers owe significant amounts of money to their firms.

RI's chess teams leave for Moscow today

RI's chess teams leave for Moscow today JAKARTA (JP): Indonesian chess teams, set to better the country's rank, depart for Moscow today to take part in the 31st Chess Olympics from Dec. 1 to Dec. 17. "We just want to improve our ranks," Djamil Djamal, the secretary of the Indonesian Chess Association (Percasi) said yesterday. Indonesia is scheduled to compete on the first day of the championship.

Generals want ABRI to retain political role

Generals want ABRI to retain political role JAKARTA (JP): Two retired army generals agree on the need for the Armed Forces (ABRI) to ease its grip on politics but stress that the military should be allowed to retain a political role.

Young players win opener at Masters

Young players win opener at Masters JAKARTA (JP): In the absence of national top players, young tennis prodigies blasted their way to their opening wins over their seniors at the Indonesia Masters championships yesterday. Women's singles top seed Irawati Moerid, national number four, became the biggest casualty at the opening day of the season- ending tournament played at Hilton tennis court when she went down 0-6, 6-7 (4-7) at the hand of Maria Veronica.

School vs. apartment

School vs. apartment From Kompas That the elementary school No 9/10 at Kuningan, South Jakarta, has to be moved to make room for construction of an apartment complex by PT Catur Swasakti Utama (PT CSU) has caused us great concern. The Company may have followed the correct procedures, but what is clear is that the weak party is always in a poor bargaining position when faced with a powerful agent. What could elementary school children do in this situation?

Quality school?

Quality school? From Kompas Minister of Research and Technology B.J. Habibie praised the quality of the Senior High School of Soposurung, North Sumatra, of which I am proud as a North Sumatran. But I was surprised to read a news item in a newspaper published in Medan, North Sumatra, that tens of students from this school often have to attend test guidance/preparation programs organized by a foundation outside the school. This has left me to doubt the school's real state of achievement. ASTO P.

Convention must not limit chemical industry

Convention must not limit chemical industry JAKARTA (JP): Minister of Foreign Affairs Ali Alatas asserted here yesterday that the enforcement of the pending Chemical Weapons Convention must not be to the detriment of the growth of chemical industries in developing nations. Opening an Asia-Pacific region seminar on national implementation of the Chemical Weapons Convention, Alatas noted a trend in certain countries to subjectively inhibit the flow of chemical trade.

Indosat announces higher profits

Indosat announces higher profits JAKARTA (JP): PT Indosat, the state-owned international telecommunications company, announced last night that its net income during the January-September period of this year increased by 9.5 percent to US$ 94.4 million. The company's president, Tjahjono Soerjodibroto, told a press conference that the company's operating income in the third quarter this year alone was $50.9 million, 11.2 percent higher than that in the same period of last year.

Government awards 65 marine experts

Government awards 65 marine experts JAKARTA (JP): The government has given awards to members of the Indonesian delegation which took part in the campaign to win international recognition for the archipelagic state concept. The plaques were presented to 65 people including the chief delegate Prof. Dr. Mochtar Kusuma-Atmadja, who is also a former foreign minister.

PLN criticized over pricing of private electricity

PLN criticized over pricing of private electricity JAKARTA (JP): The House of Representatives (DPR) yesterday criticized the state electricity company PT PLN on having agreed to purchase electricity from private power generators at levels far higher than the average cost of its own generated electricity. "The absence of a pricing reference in negotiations with private power generators has apparently caused PLN to agree on purchasing their electricity at a very high cost," Tiop H.

Action plans made at Satya Wacana

Action plans made at Satya Wacana SALATIGA, Central Java: Hundreds of students and teachers of the Satya Wacana Christian University gathered to plan more actions yesterday to demonstrate their opposition to the dismissal of scholar Arief Budiman. The gathering took place in each of the eight schools of learning without the usual yelling and name calling. The learning and teaching activities also went on as usual because the meetings were called during breaks.

Health Minister opens funbike

Health Minister opens funbike JAKARTA (JP): Minister of Health opened a funbike event attended by 2,500 participants from the Healthy Heart Club throughout the Greater Jakarta area on Sunday. The event, held by Meadow Lea with the aim of highlighting the 30th national health day on Nov. 12, started at the office of the Ministry of Health on Jl. Rasuna Said, South Jakarta. The participants rode along a specified route to Jl. Imam Bonjol, Jl. Teuku Umar, Jl. Medan Merdeka Selatan, Jl.

Manila records surplus

Manila records surplus MANILA (AFP): The Philippines had a public-sector surplus of five billion pesos (US$208 million) in the 10 months to October on the back of improved revenue collection and lower interest rates, the finance department said yesterday. It was the first time that Manila attained a surplus since 1985, when it began monitoring the fiscal position of the national government as well as state-run agencies, funds and corporations.