Indonesian Political, Business & Finance News

Archive: 9 November 1994

75 articles found

KL anxious about RI commitment

KL anxious about RI commitment KUALA LUMPUR (AFP): Developed nations should honor the promise made more than two years ago to help developing countries sustain the environment, Malaysian Prime Minister Mahathir Mohamad said yesterday.

Supreme Court criticized for changing ruling

Supreme Court criticized for changing ruling JAKARTA (JP): The Supreme Court's decision to reverse its own ruling on the Kedung Ombo land dispute is coming under fire from prominent experts in law and public figures.

Spotlight

SpotlightPhoto A: AwardsTOURISM AWARDS: Minister of Tourism, Post and Telecommunication Joop Ave presents the Adikarya Award to Stanley Allison (left) for his dedication to the development of tourism in Indonesia. The award was presented recently at the commemoration of Hari Bhakti Parpostel l994.

Fire razes seven houses

Fire razes seven houses Seven houses located just behind the Italian Embassy on Jl. Pasuruan, Central Jakarta, went up in flames on Monday.Witnesses said an electric short circuit is believed to have caused the fire.They said the fire broke out at 9.30 pm on Monday from house No.

Leave the birds alone

Leave the birds aloneFrom Suara KaryaIt's unfortunate that many trees growing in Bandung city, West Java, in the 1960s and 1970s have vanished. And at the same time many bird species are no longer seen.

Open forum to discuss APEC future path

Open forum to discuss APEC future path JAKARTA (JP): Economists, businessmen, scholars and officials will gather at a one-day open discussion at the Dai-Ichi Hotel here on Nov.14 to discuss the future direction of the Asia Pacific Economic Cooperation (APEC) forum.

City Hall won't be closed during APEC

City Hall won't be closed during APEC Governor Surjadi Soedirdja said yesterday City Hall will be open and that some of its personnel will be on the job during the Nov. 14 and 15 holiday.The two-day holiday was declared by the government on Monday in an effort to ease traffic jams during the APEC...

Humpuss, Detroit sign agreement

Humpuss, Detroit sign agreement JAKARTA (JP): After nearly 12 months of negotiations, a U.S. heavy-duty diesel engine manufacturer, Detroit Diesel Corporation, yesterday appointed an affiliate of the Humpuss Group to act as its sole distributor in Indonesia.

Soeharto goes over fine details of Bogor meeting

Soeharto goes over fine details of Bogor meeting BOGOR, West Java (JP): President Soeharto went thoroughly over the details of next week's APEC leadership meeting at the Bogor Presidential Palace once again yesterday, checking on even the smallest details to ensure perfection.

Indonesian society in Buchori's eyes

Indonesian society in Buchori's eyes M. Buchori, Sketches of Indonesian Society, Jakarta The Jakarta Post and IKIP Muhammadiyah Jakarta Press November 1994. 176 pages. JAKARTA (JP): This book, a collection of essays previously published in The Jakarta Post daily, is absolutely enjoyable to read.

High inflation rate

High inflation rate The inflation rate last month was considerably high and it is feared that we could end up with a two digit inflation rate by the turn of the year.That is the reason why President Soeharto summoned a number of ministers recently, to see what they can do to stop the pace of...

TV Today

TV TodayTVRI 2:30 p.m. TV Series: Prince Valliant 3:05 Music 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...

Bootleggers invade dry Brunei

Bootleggers invade dry Brunei BANDAR SERI BEGAWAN, Brunei (Reuter): Bootleggers are invading the tiny Moslem sultanate of Brunei which maintains a strict ban on alcohol, customs officials said yesterday.

RI sends aid to Afghanistan

RI sends aid to Afghanistan JAKARTA: Indonesia will send 80 tons of medical supplies to Afghanistan for the thousands of war victims now being treated at hospitals in the war-torn country.The medical supplies will be delivered by a Hercules C-130 plane which is scheduled to leave here for Kabul...

PSSI asks for rematch in Winners

PSSI asks for rematch in Winners JAKARTA (JP): The All-Indonesia Football Association (PSSI) submitted an appeal yesterday to the Asian Football Confederation (AFC), concerning the disqualification of Bali-based Gelora Dewata from the Asian Cup Winners Cup quarterfinals for administrative...

SMEs tables

SMEs tables The role of SMEs in selected Asian Economies Country Number of SMEs SMEs as % of % employed (thousand) all enterprises by SMEs -------------------------------------------- PRC m# 500 98% # 70% Korea m 68 96% 63% Chinese Taipei m 155 96% 79% Indonesia 105 97% 42% Thailand 102 98% 74%...

Free trade proposal reviewed

Free trade proposal reviewed JAKARTA (JP): Senior officials of the Asia Pacific Economic Cooperation (APEC) forum yesterday reviewed a task force proposal calling for trade liberalization in the region by 2020.

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.

More pages for newspapers

More pages for newspapers Journalists, eat your hearts out. While most Jakartans enjoy the extended weekend, a number of newspapers in Indonesia will be raising their pages for the APEC coverage, which means more work.

Rights commission opens as usual

Rights commission opens as usual The show must go on at Indonesia's National Commission on Human Rights despite the series of APEC meetings and other international events scheduled between Nov. 3 and 15.

The importance of APEC in the region

The importance of APEC in the regionBy Hadi Soesastro JAKARTA (JP): Asia Pacific Economic Cooperation is a major experiment and it should be seen as such. A failure to appreciate this could jeopardize the still fragile process of community building in the Asia Pacific region.

Can Bogor carve a niche in history books after APEC?

Can Bogor carve a niche in history books after APEC? JAKARTA (JP): The city of Bogor, about one hour's drive from here, is set to play host to a major international event this month -- the gathering of leaders from the Asia Pacific Economic Cooperation (APEC) forum.

PECC a unique partnership in Asia-Pacific economies

PECC a unique partnership in Asia-Pacific economies JAKARTA (JP): The Pacific Economic Cooperation Council (PECC) is a unique partnership of business, government and research representatives from 22 Asia-Pacific economies.

Rain city gets ready for big meeting

Rain city gets ready for big meetingBy Hidayat Jati BOGOR (JP): This scenic Indonesian city of rain will make its mark in world history once again as it gets ready for the Asia Pacific Economic Cooperation (APEC) meeting on Nov.15.

RI urging to narrow disparity among members

RI urging to narrow disparity among members JAKARTA (JP): As the Asia Pacific Economic Cooperation (APEC) forum moves to further liberalize trade within the Asia-Pacific region, Indonesia is calling on the advanced and industrialized countries to help narrow the disparity between the rich and poor...

Grady set to win Tugu Pratama golf

Grady set to win Tugu Pratama golf JAKARTA (JP): Australian Wayne Grady is set to regain the Tugu Pratama PGA Championship title he won last year when a field of about 90 golfers tee-off today at Bumi Serpong Damai in Tangerang near here.

APEC trade liberalization: Towards open regionalism

APEC trade liberalization: Towards open regionalismBy Ippei Yamazawa TOKYO (JP): At the informal Leaders Meeting in Bogor it is expected that the Asia Pacific Economic Cooperation leaders will announce a bold trade liberalization program for the APEC member economies.

World economics, politics taking opposite directions

World economics, politics taking opposite directions JAKARTA (JP): Economic and political trends are leading towards contradictory ends, Henry A. Kissinger, a former U.S. secretary of state, said here yesterday.

Trade facilitation in APEC

Trade facilitation in APECBy Mari Pangestu JAKARTA (JP): The recent reports and emphasis of late on the progress of APEC have focused on the more "meaty" subject of trade liberalization. Since the Eminent Persons Group (EPG) announced their recommendations for achieving trade liberalization in the...

Govt promises to cure cement trading network

Govt promises to cure cement trading network JAKARTA (JP): Minister of Finance Mar'ie Muhammad announced here yesterday the government plans to abolish the widely criticized cement marketing system.The minister said the order to review the cement marketing system came directly from President...

Sports achievements

Sports achievementsFrom Media IndonesiaWe are not very happy with the achievements of our sports teams in the 12th Asian Games in Hiroshima, Japan. Three of the gold medals won by the Indonesian team were from Badminton event. We are disappointed because they lost in the women's singles.

Ramos to meet Kim, then Clinton

Ramos to meet Kim, then Clinton MANILA (Reuter): President Fidel Ramos will seek wider access for Philippine farm products when he meets South Korean President Kim Young-sam in Manila this week, officials said yesterday.

Asian stocks mostly weaker ahead of U.S. elections

Asian stocks mostly weaker ahead of U.S. elections HONG KONG (Reuter): Asian stocks were mostly weaker yesterday with investors' attention focused on the United States where an imminent rise in interest rates and mid-term elections are causing market jitters.

Tigers on brink of extinction

Tigers on brink of extinction BENGKULU, Southern Sumatra: The population of Sumatran tigers (Pathera Tigris Sumatrae) has sharply declined over the last 10 years.It is feared they will be completely extinct in the coming 10 years.

Jakarta Convention Center no stranger to big events

Jakarta Convention Center no stranger to big eventsBy Lenah Susianty JAKARTA (JP): According to Javanese legend, knight Bandung Bondowoso built 1,000 temples in a single night to win the heart of the beautiful Loro Jonggrang,In Indonesia's contemporary history, PT Indobuilco constructed the...

Demands for low cost houses far outweights current supply

Demands for low cost houses far outweights current supply JAKARTA (JP): Low cost apartments built on Jl. Penjernihan, Central Jakarta, by PT Kuningan Persada are being swamped by potential buyers.Prita Kartika, the apartment building's project architect, said yesterday, "The number of buyers who...

Business meeting planned

Business meeting planned JAKARTA (JP): Humpuss Group, a widely diversified conglomerate, has organized a business meeting next week to explore ways to enhance cooperation and exploit business opportunities within the Asia Pacific Economic Cooperation (APEC) area.The Nov.

S. Korea's Kim to make state visit

S. Korea's Kim to make state visit JAKARTA (JP): South Korean President Kim Young-sam is expected to arrive Saturday afternoon for a two-day state visit before attending the APEC Economic Leaders Meeting in Bogor next Tuesday.

Taiwan names special envoy for APEC forum

Taiwan names special envoy for APEC forum TAIPEI (AFP): Taiwan yesterday announced that top economic planner Vincent Siew will represent President Lee Teng-hui at the Asia-Pacific Economic Cooperation (APEC) forum leaders' summit next week.

Unfamiliar abbreviations creeping into APEC forum

Unfamiliar abbreviations creeping into APEC forumBy Endy Bayuni JAKARTA (JP): In the beginning, there was just APEC ...Now the Asia-Pacific Economic Cooperation (APEC) forum, which is entering its sixth year, has created a host of abbreviations, which its officials feel at ease with, but which are...

Optimism on investment code still strong among officials

Optimism on investment code still strong among officials JAKARTA (JP): Senior officials of the Asia-Pacific Economic Cooperation (APEC) forum remained upbeat yesterday that they can still hammer out an agreement on investment guidelines in spite of opposition from the United States.

Gunze to make socks here

Gunze to make socks here JAKARTA (JP): Gunze Ltd. of Japan signed a joint venture agreement here yesterday with PT Great River Industries to produce socks with an investment of US$10.2 million.Under the agreement signed by Gunze's president, Yoshiaki Hamura, and Great River's president, Sunjoto...

City ready to handle flood

City ready to handle flood JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that as the wet season approaches the city administration is getting ready to deal with floods."I have told related offices to prepare equipment and to intensify flood control offices.

Oil spill in Straits monitored

Oil spill in Straits monitored KUALA LUMPUR (Reuter): Malaysia sent an air force plane yesterday to monitor a palm oil spill from a tanker which hit a rocky islet in the northern Malacca Straits.A Malaysian Maritime Rescue Coordination Center official said the Orion plane was assessing the extent...

Seoul firms set for push into N. Korea

Seoul firms set for push into N. Korea SEOUL (Reuter): South Korean businesses yesterday set out plans to break into the long-frozen North Korean market as the Seoul government prepared to lift its economic embargo on the communist North.

The role of APEC in sustaining growth in the region

The role of APEC in sustaining growth in the regionBy Djisman S. Simandjuntak JAKARTA (JP): The East Asian miracle and the rise of the North American West Coast in the past didn't just lead to high growth at the two ends of the Pacific.

Ardy, Hariyanto get bye at HK Open

Ardy, Hariyanto get bye at HK Open JAKARTA (JP): World number one Ardy Wiranata and world number four Hariyanto Arbi, will get a bye into the second round in the men's singles of the Hong Kong Open badminton championships, which starts today at the Queen Elizabeth stadium.

Three state firms prepared to sell shares overseas

Three state firms prepared to sell shares overseas JAKARTA (JP): The government is preparing another three state companies to float shares on overseas markets following last month's successful debut of PT Indosat on the New York Stock Exchange (NYSE).

Dutch colonialism

Dutch colonialism Mr. de Kort, I remember you. You are the one who wrote that there were no airplanes involved in the battle of Surabaya. How wrong you were!You are the person who, while we were celebrating our "Heroes Day," Nov.

Will she or wont' she?

Will she or wont' she? Authorities and residents in the Central Javanese city of Klaten are still making arrangements for the visit of U.S. first lady Hillary Clinton, although to this day there has been no confirmation of whether or not she will be making the visit.

China's president visits Singapore

China's president visits Singapore SINGAPORE (AFP): China's President Jiang Zemin arrived in Singapore yesterday for a three-day state visit aimed at enhancing bilateral relations and cooperation."I hope that this visit will help increase the understanding and friendship between our two countries...

Yayuk shines in doubles

Yayuk shines in doubles JAKARTA (JP): Yayuk Basuki and Romana Tedjakusuma formed a superb team to clear their first hurdle at the US$100,000 Wismilak Open tennis championships in Surabaya, East Java yesterday.They swept Belgian Nancy Feber and Slovakian Katarina Studenikova 6-3, 6-1.

City to stage grand jazz festival

City to stage grand jazz festival JAKARTA (JP): Jakarta will once again host a grand jazz festival at the Plaza Timur, Gelora Senayan sport complex between Dec. 1 and 4."I can never get enough of organizing jazz festivals in the country," Ireng Maulana, chairman of the organizing committee, told...

The role of private sector in APEC forum

The role of private sector in APEC forumBy Lee Tsao Yuan SINGAPORE (JP): A distinctive feature of economic dynamism in the Asia Pacific is that it is driven by the private sector. Thousands of businesses have taken advantage of the progressive lowering of trade barriers and of the relaxation of...

Stock Exchange

Stock Exchange JAKARTA (JP): The price's downward direction continued on the Jakarta Stock Exchange (JSX) yesterday with most shares losing ground in light trading.The JSX Composite Index declined for the third consecutive days, losing almost two points to close at 515.80 as compared to 517.

PDI tells govt to first put house in order first

PDI tells govt to first put house in order first JAKARTA (JP): Indonesia must put its own house in order before endorsing the idea of a free trade zone in the Asia Pacific region, the minority Indonesian Democratic Party (PDI) says.

Loud speaker in mosque

Loud speaker in mosque I heartily endorse Mr. Sukaryan's letter (Mosque and loudspeaker, The Jakarta Post, Nov. 5, 1994).Of course, I respect the need for a call to prayer from the mosques in this predominantly Moslem country--after all, in Christian countries bells are rung to summon the faithful...

APEC album

APEC albumPhoto A: NancyJP/kodU.S. STAND: Nancy Adams, head of the U.S. delegation, explains Washington's position on various issues during a break of the APEC senior officials meeting. The U.S. has been at odds over APEC's issue of investment principles.

Scholar M. Buchori announces his plan to join PDI

Scholar M. Buchori announces his plan to join PDI JAKARTA (JP): A renowned Moslem scholar and former government researcher, Dr. Mochtar Buchori, made a surprise maneuver yesterday when he announced his plans to join the minority Indonesian Democratic Party (PDI).

Investment facilitation in the Asia-Pacific region

Investment facilitation in the Asia-Pacific regionBy Bijit Bora SYDNEY (JP): Foreign investment has been a catalyst for economic growth and integration in the Asia Pacific region. Yet there has been a lack of a formal multilateral mechanism.

The Kedungombo decision

The Kedungombo decision The joy of the 34 Kedungombo farmers, who won a legal battle against the Central Java provincial government last July, has turned out to be short-lived. Only three months. The other day, in a very surprising decision, the Supreme Court announced that it had annulled its own...

Who says calls are costly?

Who says calls are costly? Anyone suggesting that phone calls in Indonesia are among the most expensive in the world should look again, at least during the APEC meetings.The state owned PT Telkom is giving a 25 percent discount on all phone calls made from any of its kiosks in Bogor in the run up...

Minimum wages to rise as of April: Abdul Latief

Minimum wages to rise as of April: Abdul Latief JAKARTA (JP): Minister of Manpower Abdul Latief announced yesterday the government will raise wages by an average of ten percent next April.Speaking to reporters after a meeting with President Soeharto, Latief said wage increases will be adjusted to...

Share of Exports and Imports with PECC countries (as a % of total)

Share of Exports and Imports with PECC countries (as a % of total) Exports to PECC Imports from PECC 1970 1991 1992 1970 1991 1992 ------------------------------------ World 33.0 40.1 40.9 36.2 42.1 42.9 PECC 57.0 68.6 69.7 62.0 70.0 70.4 Australia 61.1 76.1 73.1 60.0 69.5 66.2 Brunei D. 99.5 87.

Lamhot will fight in world championship

Lamhot will fight in world championship JAKARTA (JP): Indonesia's Orient and Pacific Boxing Federation (OPBF) junior bantamweight title holder Lamhot Simamora has the chance to fight in a world championship on Dec. 17 here after months of desperate waiting.

Police seize 174,7 kg drugs

Police seize 174,7 kg drugs PALEMBANG, South Sumatra: Police have seized 174,7 kilograms of dried marijuana and arrested 48 alleged drug traffickers in 21 smuggling cases from Jan.1 to Nov. 6.Muas Musa, spokesman from Sumatra's South Division Police said that the latest foiled drug smuggling...

Some scholars enter politics ...

Some scholars enter politics ...By Santi W.E. Soekanto JAKARTA (JP): To co-opt or not to co-opt, that seems to be the question underlying the involvement of intellectuals in political parties -- for which an answer may not be so easy to find.

APEC: development and prospects for economic ties

APEC: development and prospects for economic tiesBy Wisber Loeis JAKARTA (JP): The Asia Pacific Economic Cooperation (APEC) forum was formed in 1989 as a very loose and informal dialog group. It has since become the primary regional vehicle for promoting trade and practical economic cooperation.

State transport firms' profits likely to double

State transport firms' profits likely to double JAKARTA (JP): State companies overseen by the Ministry of Transportation are expected to more than double their total profits to Rp 676.89 billion (US$309.6 million) this year, a minister says.

Merpati reroutes flights

Merpati reroutes flights JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of the national flag carrier Garuda Indonesia, will temporarily reroute a number of its flights for the upcoming Asia Pacific Economic Cooperation (APEC) meetings.

Small business development in the Asia Pacific region

Small business development in the Asia Pacific regionBy Chris Hall SYDNEY (JP): Twenty years ago, it was widely assumed that the importance of smaller firms would progressively decline; larger, multinational firms would take advantage of economies of scale and improved technology, and smaller firms...

Free coffee all round

Free coffee all round There will be no excuse for journalists falling asleep on the job because they now have access to coffee, lots of it, for free."You can drink as many cups as you like," said the friendly Kopi Kapal Api stand attendant, clad in baju kurung, the traditional West Sumatra costume.

Govt reviewing laws on the environment

Govt reviewing laws on the environment JAKARTA (JP): The government considers the possibility of revising laws on the management of living environment as they are considered to be no longer suitable with current condition."We have established a team to review the Law No.

...but others not, call it clandestine

...but others not, call it clandestine JAKARTA (JP): One of the promises that Ismail Hasan Metareum made shortly after being elected chairman of the Moslem-based United Development Party (PPP) recently was he will recruit as many intellectuals as possible.

Govt issues decrees allowing circulation of laser discs

Govt issues decrees allowing circulation of laser discs JAKARTA (JP): Director General of Radio, Television and Film Alex Leo Zulkarnaen announced yesterday three decrees on films which will allow the circulation of laser discs in Indonesia.