Indonesian Political, Business & Finance News

Archive: 26 April 1994

39 articles found

China does not want to act on Medan riots

China does not want to act on Medan riots JAKARTA (JP): A visiting Chinese official stressed yesterday that his country does not have the slightest intention of meddling in the recent workers' riots in Medan, North Sumatra, although the riots have revealed some anti-Chinese sentiments. "Do not force onto others what you do not want others to force on you," Wang Guang Ying, the deputy chairman of the Chinese parliament, said quoting Confucius while speaking to reporters.

TV Today: Tuesday, April 26, 1994

TV Today: Tuesday, April 26, 1994 TV today TVRI 2:30 p.m. TV Series: Full House 3:05 Music Program: Contra Bass and piano 3:30 Cartoon: Super Friends 4:30 Science Film 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country: Irian Jaya 6:15 Village Program 6:30 Economy Bulletin 7:00 Evening News 7:30 Gema Pancasila 8:05 Drama 9:00 World News 9:30 Music Program 10:35 Late News 10:45 Film: Separate but Equal Program 2 4:30 Cartoon: Willing and Abel 5:30 City News 6:00 TV...

Varied motives color investment in RI

Varied motives color investment in RI By Ilyas Saad and Asep Suryahadi JAKARTA (JP): Indonesia is currently facing stiff competition in attracting foreign direct investment from other Asian countries, particularly China. The large drop in approved foreign direct investment in Indonesia reported by the Investment Coordinating Board (BKPM) in February reflects the fierce competition. The government plans to issue new deregulation measures soon in order to improve Indonesia's competitive edge.

ASEAN At A Glance

ASEAN At A Glance High Court affirms death sentences SINGAPORE (AFP): The Singapore High Court yesterday confirmed the death sentence passed on Filipina maid Flor Contemplacion for the murders of another maid and a four-year-old boy. Justice Sinnathamby Sinnathuray rejected defense arguments that Contemplacion, 41, had suffered severe mental illness since childhood and therefore could not be held fully responsible for her actions.

Masquerading

Masquerading swindler tried An engineer, claiming to be a brother of Indonesia's Minister of Foreign Affairs Ali Alatas, is on trial at the South Jakarta district court for fraud. Prosecutor Charles Mindanora told the court Saturday that the defendant, whom he identified as BW, an engineer who claimed to be a younger brother of Alatas, had cheated Indra Abidin, the director of Jakarta-based PT Graha Andhika Fortune, out of US$300,000.

ASEAN businessmen asked to take active role in APEC

ASEAN businessmen asked to take active role in APEC JAKARTA (JP): Vice President Try Sutrisno is asking businessmen from the Association of Southeast Asian Nations (ASEAN) to pursue an active role in the Asia Pacific Economic Cooperation (APEC) forum.

APEC said to pressure U.S. on linking trade and rights

APEC said to pressure U.S. on linking trade and rights KUALA LUMPUR (Reuter): Pacific Rim countries will press the United States to stop linking trade to labor and social issues when Asia-Pacific Economic Cooperation (APEC) trade ministers meet in Indonesia in October, Malaysia said yesterday.

Diplomats must broaden their horizon: Alatas

Diplomats must broaden their horizon: Alatas JAKARTA (JP): Ali Alatas believes that Indonesia's diplomatic corps should possess a comprehensive understanding of the many facets of world affairs to face the unprecedented changes of the post-cold war era. "Diplomats cannot merely concentrate on the professional aspect of their jobs.

JAKARTA (JP): Vietnamese President Le Duc Anh is scheduled to

JAKARTA (JP): Vietnamese President Le Duc Anh is scheduled to arrive here today to begin a four-day state visit which will be highlighted by talks with President Soeharto on a number of crucial bilateral and regional issues. Anh is scheduled to begin talks with Soeharto tomorrow morning to discuss such issues as the repatriation of Vietnamese refugees from Indonesia's Galang prison and the settlement of a disputed continental shelf in the South China Sea.

Forest concessionaires to abide by eco-labeling regulations

Forest concessionaires to abide by eco-labeling regulations JAKARTA (JP): Indonesian forest concessionaires have no choice but to abide by eco-labeling rules in order to survive against international competition and meet the demands of the world market, Minister of Forestry Djamaloedin Soeryohadikoesoemo said.

JAKARTA (JP): Buying was not on the minds of most investors at

JAKARTA (JP): Buying was not on the minds of most investors at the Jakarta Stock Exchange (JSX) yesterday, with most share prices falling in moderate trading. The broad-based Composite Index dropped lower to close at 454.4 from 454.84 on the previous day. The narrower-based GTDBS-50 Index also lost ground to close at 107.91 from 107.97. Securities brokers said most investors are still waiting for the development of the country's monetary situation.

Water bill to increase in June

Water bill to increase in June JAKARTA (JP): Subscribers of the City Water Company, PDAM Jaya, will have to pay an average of 40 percent more for their water bills as of this June. According to H. Machmud Ranusemito, the company's director of administration and finance, the increase is necessary because the price of raw water supplied by the Jatiluhur Dam Authority will be raised from Rp 22 to Rp 25 per cubic meter.

Bishop Nababan ordains 48 new HKBP ministers

Bishop Nababan ordains 48 new HKBP ministers JAKARTA (JP): Bishop S.A.E. Nababan ordained 48 new ministers in the Toba Batak Protestant Church (HKBP) on Sunday in a move to strengthen his claim to the conflict-ridden church. The ordainment took place at an HKBP church in Pulo Mas, East Jakarta, and was attended by a number of government officials and executives of the church, according to a statement by the Nababan executive board.

Where to go in Jakarta, April 26

Where to go in Jakarta, April 26 Jangan hapus: Dai-ichi Hotel, JAMZ Music o The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambassador Lounge: Amir (pianist) Monday to Friday 7:30 a.m. to 9:30 a.m., Saturday 8 a.m. to 10 a.m.; Boece (pianist) & Rima Monday to Thursday 7 p.m. to 11:30 p.m., Friday & Saturday 7 p.m. to 00:30 a.m.; Jakarta String Fantasy Trio (chamber music) Sunday 12:30 p.m. to 3:30 p.m., Monday to Saturday 3:30 p.m. to 6:30 p.m.; Yusuf (pianist), Sunday 7 p.m.

JAKARTA (JP): Tangerang will supply Jakarta with 2,800 liters

JAKARTA (JP): Tangerang will supply Jakarta with 2,800 liters of clean water per second with the completion of a new water treatment plant in the regency in 1996. The water will be piped to two water distribution centers in Meruya, West Jakarta, and in Lebak Bulus, South Jakarta, president of the Tangerang Regency Water Company, Chusfani Kartadikaria, said.

JAKARTA (JP): Malaysian sugar tycoon Robert Kuok is moving in

JAKARTA (JP): Malaysian sugar tycoon Robert Kuok is moving in a big way into Indonesia. Fresh from his sugar plantations joint venture with Indonesia's richest man Liem Sioe Liong, he now plans to plant enough oil palm in two joint ventures in Kalimantan and Sumatra to cover an area with the size of Singapore.

Condolence book for Nixon open

Condolence book for Nixon open JAKARTA (JP): In commemoration of former president Richard M. Nixon, the U.S. embassy is opening a book for members of the public to express their condolences today. Those wishing to sign the book may do so in the lobby of the U.S. Information Service (USIS) at the embassy building on Jl. Medan Merdeka Selatan in Central Jakarta, the embassy said in a statement yesterday. The book will be open until April 29. Nixon died on Friday in New York City.

No racial conflict in Medan, despite riots: Governor

No racial conflict in Medan, despite riots: Governor JAKARTA (JP): North Sumatra Governor Raja Inal Siregar denied yesterday that there was a racial conflict in Medan, the provincial capital, which was hit by a series of riots last week that were considered by many to have serious racial overtones. Raja Inal said the attacks against the shops owned by Chinese Indonesians during the riots were the work of agitators who were exploiting racial differences.

Immigration told to stop non-govt sponsored pilgrims

Immigration told to stop non-govt sponsored pilgrims JAKARTA (JP): Immigration has been ordered to prevent people from departing for Saudi Arabia if they are not government- sponsored Haj pilgrims. Some 14,000 people are believed to have made arrangements for the pilgrimage with unlicensed tour operators in Indonesia and Singapore and the Saudi government has warned the Indonesian government that these people may be deported on arrival.

State Electricity Company ordered to renegotiate project prices

State Electricity Company ordered to renegotiate project prices JAKARTA (JP): The plot has thickened in the case of the three power projects granted without competitive bids, with State Minister for Economic and Financial Affairs Saleh Afiff turning down their foreign-led consortiums' requests for export credit access.

Irian needs more resettlers to maximize resource potential

Irian needs more resettlers to maximize resource potential JAKARTA (JP): Irian Jaya, one of Indonesia's largest provinces and the least developed, welcomes more settlers and investors to come and exploit its vast and untapped resources, Governor Jacob Pattipi says. Settlers from outside the province, with the help of investors, could turn Irian Jaya into one of Indonesia's major food producers, Pattipi told reporters yesterday.

JP/3/Physician/set 1 col Box

JP/3/Physician/set 1 col Box Many physicians work as beauty advisors JAKARTA (JP): Tough competition among physicians practicing in Jakarta and its surrounding areas has forced some of them to work for additional income as beauty advisors at cosmetics stores. Some doctors, who do the side job at a popular shopping mall in Bekasi, 30 kilometers east of here, told Antara news agency on Sunday that there is nothing inappropriate with the moonlighting. Dr.

RI to raise LNG price for S. Korea

RI to raise LNG price for S. Korea SEOUL (JP): Indonesia wants to increase the price of its liquid natural gas (LNG) exported to South Korea by 25 U.S. cents per million British thermal units (BTU), an executive of the Korea Indonesia Petroleum Co. Ltd. (Kipco) says. "Negotiations between the two parties are still going on. A final meeting will be held in Jakarta in May," Kipco's director and chief representative, Dicky D. Soemiatno, said here Saturday.

Malaysian king steps down in colorful ceremony

Malaysian king steps down in colorful ceremony KUALA LUMPUR (Reuter): Malaysia's King Azlan Shah stepped down yesterday to make way for a fellow sultan under the country's unique system of rotating monarchs, which has been weakened in recent years by rows with the government. Azlan retired from the throne in an elaborate ceremony at the national parliament where he was accompanied by Prime Minister Mahathir Mohamad, the man most responsible for reducing the sultans' royal privileges.

JP/alx BUSINESS FORUM: Vice President Try Sutrisno (right) chats with Jannie Tay (left), vice president of ASEAN Institute of Singapore and Aburizal Bakrie (second from right), chairman of the Indonesian Chamber of Commerce (Kadin) at the opening of the 2nd ASEAN Business Forum at the Merdeka Selatan Palace. The forum, presided over by Aburizal, was opened by Try yesterday. Coordinating Minister of Industry and Trade Hartarto attended the ceremony.

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JP/3/Focus/0 set 12pts U75 1 col 2 lines Fake Alatas's brother tried JAKARTA (JP): An engineer, claiming to be a brother of Indonesia's Minister of Foreign Affairs Ali Alatas, is on trial at the South Jakarta district court for fraud. Prosecutor Charles Mindanora told the court Saturday that defendant BW, an engineer who claimed to be a younger brother of Alatas , had cheated Indra Abidin, the director of the Jakarta- based PT Graha Andhika Fortune, US$300,000.

JP/3/Rally/12 MB

JP/3/Rally/12 MB Golkar youngsters vow to participate in Operation Cleansing JAKARTA (JP): Youth organizations affiliated with the ruling Golkar pledged at a rally yesterday to back up the ongoing Operation Cleansing. "I am very proud of your pledges. With your participation, I believe Jakarta will become the most secure city in the world in the near future," Maj. Gen. Hendroprijono, Jakarta Military Commander, told the rally's participants.

Social Services target the poor

Social Services target the poor JAKARTA (JP): Indonesia has some 225,000 old people, 230 disabled children, 15,000 delinquent children and drug addicts, 31,000 prostitutes, 450,000 orphans, 48,300 isolated citizens and 202,300 poor families that require the government's care. Or more precisely the attention of the Ministry of Social Services. And they will get it despite shortages in government resources, according to ministry officials.

Across the Archipelago

Across the Archipelago Angry ox kills one DILI, East Timor: An ox raged the Vila Verde village here on Sunday night killing one and injuring three others. The ox, according to witnesses, barged into a number of houses assaulting anyone in its path. Police, using tracking dogs, hunted the beast some three kilometers from the village. They slaughtered the ox and brought the animal back to the village.

BKPM to maintain divestment policy

BKPM to maintain divestment policy JAKARTA (JP): The government will maintain its divestment policy despite criticism from foreign investors and growing regional competition, says an official of the Investment Coordinating Board (BKPM). "The government will maintain the divestment rule because it is bound to do so by the Guidelines on State Policy (GBHN)," Sugihono Kadarisman, deputy chairman of BKPM, told The Jakarta Post during a seminar on joint ventures here yesterday.

State mining and energy firms told to improve efficiency

State mining and energy firms told to improve efficiency JAKARTA (JP): President Soeharto has urged state mining and energy companies to become more efficient and called for a nationwide drive for power conservation.

Critics blast govt's stance on freedom

Critics blast govt's stance on freedom JAKARTA (JP): A number of vocal government critics attacked the government's stance on freedom of speech yesterday as they took turns testifying in the trial of 21 students charged with defaming President Soeharto. "Their protests were obviously responses to unsolved problems," Abdurrahman Wahid, chairman of the Forum for Democracy, said referring to the students' demonstration last December, which resulted in their arrests.

New deer species discovered in Vietnam

New deer species discovered in Vietnam JAKARTA (JP): Vietnam has again proved to be terra incognita to the outside world, after scientists last month found a species of deer unknown to the scientific community in the same area where a similar find of an ox species was made two years ago.

Korea Telecom interested in RI projects

Korea Telecom interested in RI projects SEOUL (JP): Korea Telecom is preparing telecommunications projects in Indonesia under its plan to expand operations in other countries, particularly those in Asia and Latin America, executives of South Korea's state-owned company said.

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A JP/msa ANTI-CRIME RALLY: Jakarta Military Commander Maj. Gen. Hendroprijono, accompanied by members of the Golkar-affiliated youth organizations, walks to the podium to receive the texts of pledges solemnly expressed by numerous youth organizations in support of Operation Cleansing. The rally, involving around 10,000 youngsters, was held yesterday afternoon at the Persija stadium in the Menteng district, Central Jakarta.

Freedom fighter artist, Agus Djaya dies at 81

Freedom fighter artist, Agus Djaya dies at 81 JAKARTA (JP): Painter and decorated revolutionary fighter Agus Djaya, 81, died on Sunday at 5 p.m. at his home and gallery in Pamulang, Ciputat, in Tangerang. Agus was revered in art circles for establishing and chairing the first association of contemporary painters, PERSAGI in 1938. S.Sudjojono, who was later to earn the title "father of Indonesian modern painting" was the influential organization's secretary.

Governor: 41 developers not yet provide public facilities

Governor: 41 developers not yet provide public facilities JAKARTA (JP): Governor Surjadi Soedirdja yesterday called on all real estate developers to abide by the city regulations, including fulfilling their obligation to set aside 20 percent of their developed land for public facilities. "If they don't want to fulfill their duty of providing public facilities, I ask them to make a living in other areas. There is no place here for developers with bad reputations," Surjadi said.

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JP/3/Focus/0 set 12pts U75 1 col 2 lines Ex-PPD official tried for graft A public prosecutor demanded that the South Jakarta district court sentence a staff member of the state-owned PPD bus company to two and a half years imprisonment for embezzling Rp 1.1 billion (about US$523,000).

Deal on money transfer

Deal on money transfer JAKARTA (JP): PT Bank Nusa International (NusaBank) has signed an agreement with the state-owned postal service Perum Pos dan Giro (PPG), to use its money transfer service to send the remittances of the bank's clients who work in foreign countries to beneficiaries throughout Indonesia. NusaBank is a private bank affiliated with the Bakrie Group.