Archive: 16 December 1994
18 articles found
Fri, 16 Dec 1994, 00:00 WIB
Cut in tax rates will not affect state revenue, says economist
Cut in tax rates will not affect state revenue, says economist JAKARTA (JP): M. Arsjad Anwar, a professor at the University of Indonesia (UI), said here yesterday that the cut in the income tax rates will not affect the country's tax revenues. Speaking at a seminar on a strategic study about the 1994 tax law, Arsjad said that the cut in income tax revenues could be offset by higher receipts expected from the extension of withholding taxes and the increase in luxury sales tax tariffs.
Fri, 16 Dec 1994, 00:00 WIB
SGS finishes desk work assessment on timber companies
SGS finishes desk work assessment on timber companies JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said the Geneva-based Societe Generale de Surveillance (SGS) has finished a "desk-work" assessment on three timber companies planning to go public.
Fri, 16 Dec 1994, 00:00 WIB
Land compensation
Land compensation News about restless land owners in Tarumajaya village in Bekasi, near Jakarta, due to the very low land compensation of Rp 50 (US$0.023) per square meter, has touched us deeply. Once again we hear similar stories about incredibly low land compensation in Bekasi given to villagers who will later see that luxurious buildings to the tune of millions of rupiah are replacing their houses.
Fri, 16 Dec 1994, 00:00 WIB
Police seize
Police seize 12 firearms PALEMBANG, South Sumatra: Police in Ogan Komering Ulu district have seized 12 firearms this year from unauthorized hands. Police precinct chief Lt. Col. Manan Ch. Rahman said that nine of the firearms ranged from home-made rifles to pistols usually used by the armed forces. The firearms were confiscated from thugs who have long been scaring residents in the area, he said when meeting with officials from the armed forces headquarters in Jakarta.
Fri, 16 Dec 1994, 00:00 WIB
Four more students accused of defamation released
Four more students accused of defamation released JAKARTA (JP): Four students convicted of defaming President Soeharto during a demonstration at the House of Representatives (DPR) last year, were released yesterday after finishing their one year jail terms. Yeni Rosa Damayanti, Teddy Wibisono, Gunardi Aswantoro, and Wandy Nicodemus T. became free citizens after being detained in December of last year.
Fri, 16 Dec 1994, 00:00 WIB
Foreign shipping firms to pay higher tax
Foreign shipping firms to pay higher tax JAKARTA (JP): Tax Director General Fuad Bawazier said here yesterday that the withholding tax imposed on foreign shipping companies will be increased as part of the government's tax extension program. "I hope to announce the new rate later this month," he told newsmen when he was asked about the dominance of foreign shipping companies in the country.
Fri, 16 Dec 1994, 00:00 WIB
JAKARTA (JP): Share prices continued closing higher on the
JAKARTA (JP): Share prices continued closing higher on the Jakarta Stock Exchange (JSX) here yesterday with most issues gaining ground in light trading. The broad-based JSX Composite Index closed at 458.93, more than five points higher than Wednesday's 453.37. The narrower-based GTDBS-50 Index also closed higher at 107.74 from 106.62.
Fri, 16 Dec 1994, 00:00 WIB
Protectionist measures no longer relevant
Protectionist measures no longer relevant JAKARTA (JP): Protectionist measures are no longer relevant since the conclusion of the Uruguay Round of negotiations on the General Agreement on Tariffs and Trade (GATT), the planned trade liberalization among APEC members, State Minister of Investment Sanyoto Sastrowardoyo said yesterday.
Fri, 16 Dec 1994, 00:00 WIB
The PDI predicament
The PDI predicament When Megawati Soekarnoputri, the eldest daughter of this nation's first president, Sukarno, was elected to the chair of the Indonesian Democratic Party (PDI) in a chaotic, yet democratic, party congress last year in Surabaya, East Java, many observers predicted she would soon be overwhelmed by "problems". She certainly has been.
Fri, 16 Dec 1994, 00:00 WIB
Alms collection plan greeted with caution
Alms collection plan greeted with caution JAKARTA (JP): President Soeharto's plan to collect alms from workers in the private sector received a warm, albeit cautious, reaction from some quarters. While most people interviewed said they agreed with the charitable nature of the plan, some were concerned over the administration of such a large undertaking. Labor activist Fauzie Abdullah criticized the institutionalization of alms collection and raised the question of a control mechanism.
Fri, 16 Dec 1994, 00:00 WIB
Japan gets refinery order
Japan gets refinery order TOKYO (AFP): Japan's Tomen Corp. and JGC Corp. have won a US$200 million order from Indonesia's state-run oil and gas company Pertamina to modernize an oil refinery, a Tomen spokesman said yesterday. The spokesman said the trading house and the engineering company hoped to finalize the contract early next year after financial details are worked out.
Fri, 16 Dec 1994, 00:00 WIB
Pancasila symbolizes religious harmony, American scholar says
Pancasila symbolizes religious harmony, American scholar says By Prapti Widinugraheni JAKARTA (JP): Pancasila, the Indonesian five-point state ideology, is a unique concept which stems from a culture of high religious tolerance, an American scholar says. Douglas E.
Fri, 16 Dec 1994, 00:00 WIB
State-controlled concessionaires to save the forests
State-controlled concessionaires to save the forests JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo yesterday assured that the acquisition of shares at private forest concessionaires by state-owned companies is aimed mainly to save the country's forests from further destruction. Speaking at a forestry seminar yesterday, he said what really concerns him is that private timber companies might only try to make profits without giving any attention to forest preservation.
Fri, 16 Dec 1994, 00:00 WIB
Tariff team shaken by protectionism controversy
Tariff team shaken by protectionism controversy JAKARTA (JP): The government is restructuring the team on tariff and fiscal affairs amid controversy over the proposed protection of a new olefin project and the opposition to the imposition of new, high tariffs from prominent economist Sumitro Djojohadikusumo. State Minister of Investment Sanyoto Sastrowardoyo told reporters here yesterday that President Soeharto, under Presidential Decree No.
Fri, 16 Dec 1994, 00:00 WIB
Land compensation
Land compensation News about restless land owners in Tarumajaya village in Bekasi, near Jakarta, due to the very low land compensation of Rp 50 (US$0.023) per square meter, has touched us deeply. Once again we hear similar stories about incredibly low land compensation in Bekasi given to villagers who will later see that luxurious buildings to the tune of millions of rupiah are replacing their houses.
Fri, 16 Dec 1994, 00:00 WIB
Police seize
Police seize 12 firearms PALEMBANG, South Sumatra: Police in Ogan Komering Ulu district have seized 12 firearms this year from unauthorized hands. Police precinct chief Lt. Col. Manan Ch. Rahman said that nine of the firearms ranged from home-made rifles to pistols usually used by the armed forces. The firearms were confiscated from thugs who have long been scaring residents in the area, he said when meeting with officials from the armed forces headquarters in Jakarta.
Fri, 16 Dec 1994, 00:00 WIB
Govt. criticized for compromising with polluters
Govt. criticized for compromising with polluters JAKARTA (JP): A legislator lashed out at the government yesterday for being over-tolerant with polluting industrial companies. "It is time to stop compromising with the polluters. The government must take strict action against them," Markus Wauran, chairman of House of Representatives' commission which deals with environmental issues, told journalists.
Fri, 16 Dec 1994, 00:00 WIB
Overuse of `do not' can destroy children's initiative
Overuse of `do not' can destroy children's initiative JAKARTA (JP): Many parents have heard advise against using the words "do not" too often when dealing with their kids, but how many have realized that IQ tests and children's ranking in their classes can also be a kick in a child's ego? Three experts in education, Conny Semiawan, a professor from the Jakarta Teachers' Training and Education Institute (IKIP); Father J.