Indonesian Political, Business & Finance News

Archive: 9 November 1994

75 articles found

The importance of APEC in the region

The importance of APEC in the region By 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. This diverse region has no strong tradition of regionalism and only has had a short experience in developing a sense of regional identity. That is why, it still needs careful nurturing and cannot be taken for granted.

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. But whether or not Bogor, dubbed as the "rain city", will carve a niche in the history books will largely depend on the outcome of the Nov. 15 meeting.

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. They work on practical government and business policy issues to increase trade, investment and economic development in the region. PECC is a unique non-governmental organization because it brings business, government and research together.

Rain city gets ready for big meeting

Rain city gets ready for big meeting By 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. Located about one hour's drive from Jakarta, Bogor has quite a bit to offer world leaders, as well as commoners. The city boasts two landmarks: the magnificent colonialistic State Palace, and the ever charming Botanical Gardens located just next to the former.

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 member countries.

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. Grady will lead 41 overseas players from 11 countries, while Ilyasak, who was tied at 14th in the Alfred Dunhill Masters in Bali, will head the local golfers in vying for the US$100,000 in cash prizes on offer.

APEC trade liberalization: Towards open regionalism

APEC trade liberalization: Towards open regionalism By 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. However, the Asian leaders seem to be concerned about the emphasis on trade liberalization and the seemingly hasty political initiative taken by non-Asian leaders.

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. Speaking at the 11th Asian Bankers Association's meeting, Kissinger noted that the world economy is widening its focus, while politics is becoming more inward looking. "On the one hand, finance and capital are moving on a global basis.

Trade facilitation in APEC

Trade facilitation in APEC By 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 area, much of the debate has been on what is meant by trade liberalization? What are the modalities?

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 Commission, according to its Secretary General Baharuddin Lopa, will maintain its "open house" policy for complainants. "We have not received any government instructions to not receive complainants during the APEC meetings.

Sports achievements

Sports achievements From Media Indonesia We 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. The failure will, hopefully, serve as a strong motivation for sports leaders to improve and enhance the system of training of athletes.

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. Kim, who is arriving tomorrow for a three-day visit, is the first of two heads of state Ramos will welcome to Manila over the next few days. Hours after Kim departs on Saturday, U.S.

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. Philippine shares were the day's biggest losers, plunging 41.43 points to 3,000.51, down almost three percent since last Friday. The Composite Index may fall as low as 2,980 if the peso keeps strengthening, they added.

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. "It is estimated that there are only 10 tigers left now," the head of the Bengkulu Conservation and Natural Resources Office, Soesilo Legowo, told Antara here yesterday. He blamed this on slaughter of tigers by villagers and the ever declining area of their habitat.

Jakarta Convention Center no stranger to big events

Jakarta Convention Center no stranger to big events By 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 64,000-square meter Jakarta Convention Center adjacent to the Jakarta Hilton International Hotel two years ago in only ten months, just in time for the 10th summit meeting of the Non- Aligned Movement.

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.

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. 15 meeting will be attended by business executives who have accompanied their government leaders to the forum's annual meeting.

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. President Kim and his entourage, which include a number of businessmen, will arrive here from Manila after making a state visit to the Philippines.

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 inflation, which has reached 8.27 percent as of November. The hike in electricity rates this month will contribute to a higher rate of inflation since it will be followed by price hikes in other sectors.

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. Noted legal experts, such as Satjipto Rahardjo and Frans Hendra Winarta, as well as public figures, such as Catholic priest Y.B. Mangunwijaya, said yesterday that the Supreme Court should not have canceled its own ruling on the land dispute.

Spotlight

Spotlight Photo A: Awards TOURISM 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. Allison is now a tourism consultant for PT Aerowisata. Photo B: Cosmetics HERB EXPORT: Charles Saerang (left), president of PT Nyonya Meneer, and Kusumo A.M.

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. 28 C and spread to neighboring houses until it devoured houses No. 26 A, 26 B and 26 C. No casualties were reported.(22)

Leave the birds alone

Leave the birds alone From Suara Karya It'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. These birds used to be heard chirping in the shady trees and added to the attractiveness of the city. Now the local government is carrying out a regreening program and planting new trees. The result has been noticeable. Bandung begins to look greener day by day. Birds have returned to the city.

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 meeting, which reaches its peak on Nov. 14 and 15. (yns)

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. Under an agreement signed here yesterday, PT Mahasara Buana (Mabua), a Humpuss affiliate operating in trade and construction, will establish a new company to distribute Detroit's products.

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. Soeharto, in the company of First Lady Tien Soeharto and their two daughters, was at the palace yesterday to witness the dress rehearsal of the event and to inspect some of the facilities as well.

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. Written in a lucid journalistic style, it provides rich real-life situations in our society.

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. Financial commitments by developed countries utilizing freely the rich resources of developing nations was not forthcoming although more than two years had lapsed after the landmark Earth Summit in Rio de Janeiro.

TV Today

TV Today TVRI 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 Spektrum 9:00 World News 9:30 Music Traditional 10:35 Late News 10:45 Film: Adam Program 2 4:30 p.m.

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. Customs officials have registered 111 cases of alcohol- smuggling in the first half of the year compared with 96 in the whole of last year. "It's supply and demand," one customs official in the Brunei capital said.

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 today. The plan will take part in joint airlift activities between Jalalabad and Kabul, which are due to begin today and will last through Nov. 13.

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 carelessness. PSSI secretary general Soeparjo Pontjowinoto told reporters here yesterday that he had officially asked the AFC to lift the punitive measure and to offer a rematch against Malaysia's Kuala Lumpur.

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% Malaysia m 20 96% 40% Singapore 69 89% 42% Philippines 78 99% 50% Vietnam 14 83% 67% Sources: Country statistics, Far Eastern Economic Review, IMF Note : # estimate only m manufacturing only The...

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. The second report of the Eminent Persons Group, created in 1992 with the task of developing a broad vision for trade in the region, ranked high on the agenda when the fourth Senior Officials Meetings (SOM) kicked off yesterday morning.

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.

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. Minister of Information Harmoko yesterday announced that newspapers in Indonesia can expand their size by four more pages for the duration of the APEC meetings.

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 Soeharto and that the change is essential to stabilizing the country's cement trade.

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). Buchori was formerly a senior researcher at the Indonesian Institute of Sciences (LIPI) and is currently rector of the Jakarta-based IKIP Muhamadiyah, a Moslem institute for teachers training and education.

Investment facilitation in the Asia-Pacific region

Investment facilitation in the Asia-Pacific region By 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 depth of economic integration in the region is increasing the pressure on the region to consider a regional institutional mechanism to facilitate trade and investment.

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 previous verdict, and was now ruling in favor of the government.

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 to and during the APEC Economic Leaders Meeting on Nov. 15.

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 be in line with conditions of the minimum physical needs in each province throughout the country.

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 87.6 90.6 85.5 65.4 72.1 Canada 71.0 86.7 87.9 76.1 79.0 79.1 Chile 28.6 49.8 50.4 46.0 43.9 44.4 China 55.3 78.2 76.8 51.8 69.4 66.9 Colombia 44.7 50.1 50.7 60.2 57.1 62.0 Hong Kong 61.1 71.6 73.0 68.5 85.

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. Promoter Boy Bolang revealed over the weekend that the boxer, who was born in Medan, North Sumatra, will meet American Harold Grey, the newly crowned champion of the International Boxing Federation (IBF).

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 attempt was in Jambi, South Sumatra on Nov.6 when police arrested two suspects for carrying 12,7 kilograms of dried marijuana. Both were passengers of a bus heading for Jakarta.

APEC album

APEC album Photo A: Nancy JP/kod U.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. Photo B: Chun JP/kod CHINESE-TAIPEI VIEW: Chun Tien-Hu, spokesman for the Chinese Taipei delegation, is ambushed by journalists during a break of the APEC senior officials meeting.

APEC: development and prospects for economic ties

APEC: development and prospects for economic ties By 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. The Asia-Pacific region has a huge potential and is one of the most dynamic regions in the world today.

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. Minister of Transportation Haryanto Dhanutirto told reporters after meeting with President Soeharto yesterday that during the first 10 months of this year, the companies had raked in Rp 433.27 billion in before-tax profits.

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. Company spokesman Benny Achmad said yesterday that all flights from the Halim Perdanakusuma airport in East Jakarta will be moved to the Soekarno-Hatta airport in Cengkareng, west of here, on Nov. 13 and 16. On Nov.

Small business development in the Asia Pacific region

Small business development in the Asia Pacific region By 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 would not be able to compete.

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. The company has stocked up well on coffee for each day's needs and the stand will open until Nov. 16.

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. 4/1982 on the basic provisions for management of the living environment," State Minister of Environment/Chairman of the Environmental Impact Management Agency (Bapedal) Sarwono Kusumaatmadja said yesterday.

...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. "We need their contributions in our efforts to strengthen the party," he said.

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. Alex was quoted by the Antara news agency as saying that the three decrees, signed by Minister of Information Harmoko on Oct. 28, deal with Government Regulation No.6 on the Film Business, Regulation No.

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. 10, 1993, was belittling our struggles and battles for independence and showed no respect for our people's sufferings and sacrifices (of lives, feelings, goods, etc.). But we always have our honor and our will to fight for our rights as humans.

Unfamiliar abbreviations creeping into APEC forum

Unfamiliar abbreviations creeping into APEC forum By 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 mindboggling to those not familiar with APEC.

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 Tanudjaja, the joint venture will set up a factory on a 14,000-square-meter area in Cikarang, east of here, with a production capacity of 3.5 million pairs per annum.

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. I also urge Jakartans to prepare themselves to deal with floods," Surjadi told reporters at the City Hall.

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 of the spill from the Liberian-flagged tanker Pamela. "We sent the plane this morning but the pilot has yet to report back," the official told Reuters.

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 nation's major business conglomerates said their top managers would visit North Korea as soon as possible in order to reopen trade and investment links with Pyongyang.

The role of APEC in sustaining growth in the region

The role of APEC in sustaining growth in the region By 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. It also brought about a diverse set of linkages leading to market integration between the two ends of the Pacific as well as the rest of the world.

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).

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. Meanwhile, government officials said the island will lobby hard to get the 1999 APEC meeting held in Taiwan.

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. Director of Tegalyoso General Hospital Docang Cipto Siswoyo said Mrs. Clinton was expected to visit the city to look at an American funded project on public health management.

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 and peoples and push our friendly relations and cooperation forward to a new broader vista," Jiang said in a written statement.

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 reporters at the 21 Concert Hall, Ratu Plaza, yesterday.

The role of private sector in APEC forum

The role of private sector in APEC forum By 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 investment deregulation to engage in regional activities ranging from assembly-line manufacturing to sophisticated financial services.

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 517.78 on the previous day. The GTDBS-50 Index also fell to 123.54 from 123.96. Securities brokers said the trading was featureless as most investors took a wait-and-see position.

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. Economist Kwik Kian Gie, who heads the party's research and development agency, singles out corruption within the bureaucracy as a major obstacle to a healthy and conducive climate which Indonesia needs to establish to reap the benefits of free trade.

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 to Church--but need it be so early and need it be so loud? I live within about 200 meters of a mosque, and every morning I am waken at 4 a.m.

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. Other questions also arise: Do intellectuals betray their "mission" when they enter politics? Can they really serve as critics and watchdogs of the power holders' legitimacy? Or will they be "eroded" and dragged by the vortex of political currents?