Indonesian Political, Business & Finance News

Archive: 28 April 1994

50 articles found

Irianese people give

Irianese people give Megawati warm welcome JAYAPURA, Irian Jaya (JP): Megawati Soekarnoputri, the chairperson of the Indonesian Democratic Party, received a traditional warm welcome as the people pleaded for assistance to improve their lot. Megawati, the daughter of former president Sukarno, was met by an enthusiastic throng of supporters when she arrived in Indonesia's eastern-most province last week as she launched another campaign to drum up support for the party.

TV Today: Thursday, April 28

TV Today: Thursday, April 28 TVRI 2:30 p.m. TV Series: Tarzan 3:05 Traditional Dances 3:30 TV Series: The Sword of Tipu Sultan 4:30 Stories for Children 5:00 Regional News 5:30 Arabic Lessons 6:05 Parlementaria 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:30 TV Drama: Meniti Pelangi 8:05 TV Series: Combat 9:00 World News 9:30 Indonesia Open Women Tennis Championship 9:55 NCAA Basketball 11:00 Late News 11:10 Film: Nitti the Enforcer Program 2 4:30...

Taipei's Wang to meet

Taipei's Wang to meet Yayuk in Indonesia Open JAKARTA (JP): Top seed Wang Shi-ting of Chinese Taipei rallied to win the first set over Linda Niemansverdriet of the Netherlands yesterday, which proved to be enough to give the Taiwanese a third round berth at the Indonesia Open. Niemansverdriet lost the opening set 6-7 (0-7) and trailed 1-3 in the second when she resigned because of a hamstring injury. She fell to the same opponent in the 1991 junior French Open.

No survivors in Kalimantan plane crash

No survivors in Kalimantan plane crash JAKARTA (JP): The Search and Rescue (SAR) team said yesterday that all 11 people on board a Britten Normen BN-2A plane that crashed onto the slope of Mt. Saran in West Kalimantan on Monday were killed. The team recovered six bodies from the crash site yesterday and were still looking for the other five through the wreckage, said Endang Widayat of the PT Dirgantara Air Service (DAS), the operator of the plane.

Tough measures taken against armed teens

Tough measures taken against armed teens JAKARTA (JP): Ciracas, East Jakarta, police and military warned yesterday that they would take harsh measures against teenagers who were found carrying sharp weapons, illegal drugs, or committing vandalism. "Educating them is no longer effective means of bringing down the rate of student brawls or violent crimes here. We have no choice but to impose harsh laws," head of the Ciracas police sub- precinct, Maj.

Annual mining officials meeting ends with realignment plans

Annual mining officials meeting ends with realignment plans JAKARTA (JP): Officials of the Ministry of Mines and Energy and its state-owned companies ended their three-day annual meeting here with commitments to realigning management and streamlining bureaucracy in their offices.

Former attorney general dies

Former attorney general dies JAKARTA (JP): Hari Suharto, the attorney general between 1983 and 1988 known for his staunch anti-corruption stand, died yesterday afternoon of old age at the Pertamina Hospital in South Jakarta. Hari was survived by a wife and three children. He will be buried in Prambanan, Yogyakarta, at a family cemetery today. Born in Yogyakarta on May 26, 1923, Hari began his career in the military and was among the first cadets of the Yogyakarta Military Academy in 1945.

2 col 8 pt italic

2 col 8 pt italic _____________________________________________________________________ This month sees Indonesia entering its second 25-year development period. Economist Pande Radja Silalahi analyzes the challenges presently facing the nation. _____________________________________________________________________ 1 col 8 pt JAKARTA (JP): It is a fact that the economic development during the last 25 years produced meaningful results as well as challenges and problems.

1. Adeney ---- 48 Optima Bold, 1 line, 9 cols, l/c

1. Adeney ---- 48 Optima Bold, 1 line, 9 cols, l/c Why does Indonesia have such problem with leadership succession? 2. Group ---- 36 Century Bold, 2 lines, 3 cols, l/c G7 confronts old economic enemies as growth revives 3. Beijing --- 36 Optimna Bold, 2 lines, 3 cols, l/c Beijing builds 'China's Wall Street' at a price 4. Kuwait --- 28 Century Bold, 2 lines, 2 cols, l/c Rights violations rampant in Kuwait ---------------- + Heading

Indonesia's Edhi Handoko

Indonesia's Edhi Handoko secures Grandmaster title (2x23) JAKARTA (JP): Indonesian Edhi Handoko (right in photo above) secured his long awaited Grand Master title after he drew world women's champion Xu Jun of China (left) in the last day of the Gunadharma international chess championship here yesterday. Edhi, who was only half a point shy of the eight required to reach the highest level of the world chess, forced an stalemate in the 23rd move after the three hour of play held at Dai-Ichi hotel.

GROUP SEMBILAN IS COMING OF AGE

GROUP SEMBILAN IS COMING OF AGE By Carla Bianpoen [10pt ML] JAKARTA (JP): The 20th anniversary of Group Sembilan (the Group of Nine) is a milestone in the history of international women artists' associations. Commenced as an act of friendship between women of different nationalities who needed to support each other with encouragement, the group can look back upon two decades of continuous activity.

Across the Archipelago

Across the Archipelago Moyo set for safari tourism SUMBAWA BESAR, West Nusa Tenggara: The Moyo island near Sumbawa is all set to open its doors for highly exclusive safari tourism beginning this August. Sumbawa administration secretary Latif Majid told the Antara news agency that the provincial tourism office has already promoted the island to prospective hunters in Hong Kong, France, Britain and the United States.

Cooperation agreements on health signed

Cooperation agreements on health signed JAKARTA (JP): Two letters of cooperation in health and medical sciences were signed yesterday at the City Hall, witnessed by Governor Surjadi Soedirdja. The first letter was signed by Harry Ward, the rector of the medical school of the University of Arkansas, and M.K. Tadjudin, the rector of the University of Indonesia.

Three companies delisted from JSX

Three companies delisted from JSX JAKARTA (JP): The Jakarta Stock Exchange (JSX) delisted PT Prodenta Indonesia, PT Unitex and PT Pfizer Indonesia yesterday, because they no longer have the minimum number of shareholders. Tb. Hasjim, a director of the JSX, said they had been warned about the possible delisting measure but that they took no steps to correct the problem.

Rebel trade union seeks international recognition

Rebel trade union seeks international recognition JAKARTA (JP): The Indonesian Prosperous Labor Union (SBSI), which has been fighting for official recognition in Indonesia, may get it from an international body instead. A team from the powerful International Confederation of Free Trade Unions (ICFTU) is currently in town to examine the SBSI's activities before deciding whether or not to admit it.

APEC forum gets members

APEC forum gets members JAKARTA (JP): Australian Prime Minister Paul Keating has appointed the managing director of Pacific Dunlop, Philip Brass, and the managing director of Nutri-Metics International, Imelda Roche, as Australia's representatives to the Asia Pacific Economic Cooperation (APEC) business forum. The Australian embassy said here yesterday that Brass will represent large businesses and Roche small businesses.

JP/3/Focus

JP/3/Focus Batik factory relocation goes on The South Jakarta mayoralty administration said it would stick to its plan to relocate 182 batik factories in the Setiabudi area despite objections from their owners. Ramal Partawidjaya, the head of South Jakarta Law and Order Bureau, said Tuesday that 10 of factories operating in the area have already changed their businesses.

Forestry plans seminar on biodiversity

Forestry plans seminar on biodiversity JAKARTA (JP): A one-day seminar on biodiversity in Indonesia will be held here on Saturday by the directorate general of Forest Protection and Nature Conservation.

JAKARTA (JP): Share prices closed mostly higher on the Jakarta

JAKARTA (JP): Share prices closed mostly higher on the Jakarta Stock Exchange (JSX) here yesterday. The broad-based Composite Index strengthened to 461.72 from 454.32 Tuesday, while the narrower-based GTDBS-50 Index rose to 107.65 from 105.98. A broker said three companies were delisted from JSX: PT Prodenta Indonesia (300,272 shares), PT Pfizer Indonesia (600,000 shares) and PT Unitex Indonesia (1.58 million shares). The shares enjoying significant increases yesterday included H.M.

Where to go in Jakarta, April 28

Where to go in Jakarta, April 28 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.

Membership benefits of Asia trade body limited, Australia decides

Membership benefits of Asia trade body limited, Australia decides SYDNEY (AFP): Australia and New Zealand would receive "positive but limited" benefits through a link with the embryonic Association of Southeast Asian nations Free Trade Area (AFTA), a government report said yesterday. But the report, by the Department of Foreign Affairs and Trade, suggests the benefits would be greater if AFTA's scope was expanded to include commodities and services of interest to Australia.

ASEAN businessmen asked to join forces to build infrastructure

ASEAN businessmen asked to join forces to build infrastructure facilities JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave called on businessmen of the Association of Southeast Asian Nations (ASEAN) yesterday to join forces in developing infrastructure of the region. Speaking at the closing of the two-day meeting of the ASEAN Business Forum, Joop warned the businessmen not to miss "the plane" in benefiting the great potentials of the infrastructure business in the region.

KL mulls new

KL mulls new 'ocean policy' KUALA LUMPUR (AFP): Maritime experts were yesterday mulling ways to shape a new "ocean policy" for Malaysia to protect the Malacca Strait from encroachment and pollution and maximize its economic potential. "The Strait of Malacca is a life line to Malaysia. We have to do a lot more to keep it safe, clean and economically rich," said B.A. Hamzah, director-general of the Malaysian Institute of Maritime Affairs (MIMA), a maritime think-tank.

Badmitton old-timers game scheduled

Badmitton old-timers game scheduled JAKARTA (JP): Rudy Hartono's supremacy in world badminton, summed up in his eight wins of the All England Cup, is now history. So is the rise and fall of Liem Swie King, the king of the jumping smash, who managed to win the title three times.

Police dossiers on Tampubolon case found lacking

Police dossiers on Tampubolon case found lacking JAKARTA (JP): The prosecutor's office announced yesterday that the dossiers on four men accused of killing Brig. Gen. TMF Tampubolon are missing basic information and that they have been returned to the police.

[Tolong Caption ini yang dipakai. Yang tadi dibuang saja.]

[Tolong Caption ini yang dipakai. Yang tadi dibuang saja.] Photo A: Rendra 14 pts Metrolight cap. 3 col. Universe 8 pts 55 I/c JP/msa PROPHET OF DESTRUCTION: Famous poet WS Rendra expressively gestures to an audience of around 300 people at the Jakarta Arts Center, Central Jakarta. Rendra read two poems Tuesday evening during his presentation organized by the Indonesian Anti-Nuclear Society (MANI) observing the anniversary of the 1986 Chernobyl nuclear plant explosion.

Analysts call for "Indonesia Incorporated"

Analysts call for "Indonesia Incorporated" JAKARTA (JP): Rapid changes towards globalization of economic activities require Indonesian firms to adjust their operational strategies and the government to introduce more deregulation, analysts say. Many feel that an interlocking economy similar to that of Japan may be the answer.

RI banks rated bad by U.S. company

RI banks rated bad by U.S. company JAKARTA (JP): Standard and Poor has assessed the Indonesian banking system as existing in "a high risk environment" and "undergoing a period of financial stress." The New York based credit rater also said that Indonesia's banking industry has a "relatively uncertain and unstable medium- term outlook." Standard and Poor argued that its risk assessment is based on "a flood of new entrants, aggressive lending growth and inadequate lending procedures." The report...

1. Vietnam - 72 pts Metro Medium l/c 3 cols 3 lines

1. Vietnam - 72 pts Metro Medium l/c 3 cols 3 lines Vietnam to accept boat people 2. Africa - 36 pts Helv. Bold Cond. l/c 2 cols 3 lines Another bomb rocks S. African all-race polls 3. Schindler - 36 pts Century Bold l/c 4 cols 2 lines Spielberg's 'Schindler's List' fails first censorship hurdle 4. Poor - 26 pts Metro Medium l/c 3 cols 1 line RI banks rated bad by U.S. firm 5. Pande - 36 pts Century Bold l/c 5 cols 1 line Indonesia faces long-term challenges

3. Lady --- 28 pts Century Bold Italic l/c 4 cols BOX 1 line

3. Lady --- 28 pts Century Bold Italic l/c 4 cols BOX 1 line Cannon may help identify old shipwreck 5. Mega --- 28 pts Helv Bold Cond l/c 2 cols 2 lines Irianese people give Megawati warm welcome

Vietnam to accept boat people

Vietnam to accept boat people JAKARTA (JP): Vietnam yesterday pledged to prepare for the return of the more than 8,000 Vietnamese boat people in Indonesia, despite ongoing hunger strikes by some opposed to their repatriation. The fate of the boat people, currently living in camps on Galang Island in Riau, was discussed by President Soeharto and Vietnamese President Le Duc Anh during their meeting.

Malaysia hints at lifting ban on British firms

Malaysia hints at lifting ban on British firms KUALA LUMPUR (Reuter): The British press has stopped writing negative stories about Malaysia and that could be good news for British business, an official of the Southeast Asian nation said yesterday.

Environment preservation major factor in international trade

Environment preservation major factor in international trade JAKARTA (JP): State Minister of the Environment Sarwono Kusumaatmadja said that Indonesia has to get its act together in environmental protection because it has become an increasingly important factor in international trade. "We have to assure our trading partners that we are serious about dealing with environmental issues," Sarwono told participants of a discussion on environment yesterday.

Exhibition gives new interpretation to batik art

Exhibition gives new interpretation to batik art By Rina Rao JAKARTA (JP): Batik as an art form needs no introduction here. It is an integral part of Javanese culture, and the names for different motifs can be traced back to literary works of the 12th century. However the term batik tulis appeared in the Javanese courts during the Islamic period, when stylization and abstraction were introduced.

Malaysia hints at lifting ban on British firms

Malaysia hints at lifting ban on British firms KUALA LUMPUR (Reuter): The British press has stopped writing negative stories about Malaysia and that could be good news for British business, an official of the Southeast Asian nation said yesterday.

AOI fails to obtain recommendation to 'go public'

AOI fails to obtain recommendation to 'go public' JAKARTA (JP): Minister of Forestry Djamaloedin Soeryohadikoesoemo has said in no uncertain terms that he can not recommend that PT Artika Optima Inti (AOI), a manufacturer of wood panels, be allowed to list itself on the capital market.

Union

Union Rebel trade union seeks international recognition. Page 2 Water Jakartans will pay higher rate for water supplied by city water company starting June. Page 3 Succession Why does Indonesia have such a problem with leadership succession? Page 5 Delisting Three companies have been delisted from Jakarta Stock exchange. Page 9 Boxing Heart problem forces Evander Holyfield to retire. Page 10 Cambodia Cambodia needs funds for soldiers' widows and orphans.

China hopes to avoid Spratlys conflict

China hopes to avoid Spratlys conflict BEIJING (AFP): China has no wish to spark an incident in the disputed Spratly islands but will honor its contract with a US company to explore for oil there despite Vietnamese protests, the foreign ministry said yesterday. "The Chinese government has all along stood for a peaceful settlement of the Nansha (Chinese name for Spratlys) issue and we do not wish to see the occurrence of any incident that might complicate the matter," a ministry spokesman said.

JAKARTA (JP): Director General of Customs and Excise Suhardjo

JAKARTA (JP): Director General of Customs and Excise Suhardjo rejects charges of port corruption launched by importers and surveyors.

Councilors back city water price hikes

Councilors back city water price hikes JAKARTA (JP): City councilors yesterday supported the plan of the City Water Company, PDAM Jaya, to increase water charges by an average of 40 percent this June, while the Indonesian Consumer Foundation (YLKI) expressed dissatisfaction, saying it will place an undue burden on the poor. "We can understand why PDAM Jaya has to come to such a decision," Helmy A.R. Syihab, the chairman of the City Council's Commission C on finance told The Jakarta Post.

Libyan Moslem leader appeals for Indonesian support

Libyan Moslem leader appeals for Indonesian support JAKARTA (JP): A Libyan Islamic leader made a direct appeal to Indonesian Moslems yesterday to help remove United Nations' sanctions against his people, saying that Libyans have been prevented from performing the haj pilgrimage. "We hope to inform the Indonesian people on the tremendous suffering happening in Libya," said Syeh Ibrahim Ali Arrabu, Deputy Secretary General of the Jami'ah Dakwah Islam International organization based in Tripoli.

Convicted felon in Marsinah's murder gets reprieve

Convicted felon in Marsinah's murder gets reprieve JAKARTA (JP): A woman who was convicted for taking part in the murder of labor activist Marsinah was freed only a few days before she was due to complete her seven month sentence. Mutiari left the Sidoarjo prison on Tuesday after the Council of Judges at the High Court overturned the court's decision to extend her detention pending the outcome of her appeal.

Haj business haggling

Haj business haggling This archipelago has been sending haj pilgrims to Saudi Arabia for centuries. Lately the number of people wanting to fulfill the fifth tenet of Islam has significantly increased. However, this positive trend is not without problems.

Indofood to issue 21 million shares

Indofood to issue 21 million shares JAKARTA (JP): PT Indofood Sukses Makmur, a leading food manufacturer owned by Salim Group, will sell 21 million shares or 2.75 percent of its enlarged shares in June to finance an expansion project and to repay debts.

Mayors have more authority on project tendering

Mayors have more authority on project tendering JAKARTA (JP): Mayors and regents now have the authority to determine the winners of projects which have a value of up to Rp 2 billion (US$934,579) each, based on Presidential Decree No. 16/1994 on the implementation of state budgets. The decree, which is a revision of Presidential Decree No. 29/1984, seeks to decentralize decision making.

Cannon may clarify identity of treasure-laden shipwreck

Cannon may clarify identity of treasure-laden shipwreck JAKARTA (JP): Divers have retrieved a cannon from an old shipwreck off West Kalimantan to further strengthen the salvage company's claim that the ship was an American owned vessel that sank in the 18th century. "With this finding, we know that the shipwreck is the last remains of the Lady Ontario," H.Y. Budi Prakoso, director of the PT TORR, an underwater treasure firm, said yesterday.

Photo A: Rendra

Photo A: Rendra 14 pts Metrolight cap. 3 col. Universe 8 pts 55 I/c JP/msa POET'S OPPOSITION: Famous poet WS Rendra expressively gestures to an audience of around 300 people at the Jakarta Arts Center, Central Jakarta. Rendra read two poems Tuesday evening during his presentation organized by the Indonesian Anti-Nuclear Society (MANI) on the commemoration of the 1986 Chernobyl nuclear plant explosion.

Why does Indonesia have such a problem with succession?

Why does Indonesia have such a problem with succession? By Bernard T. Adeney JAKARTA (JP): Succession is a difficult process in every country in the world. Only one person can cross the bridge and many people would like to control who that person is. If the bridge is seldom used, there is uncertainty about its strength, no matter how good it looks. The more often it is used, the more confidence people have that it will stand the strain.

`Schindler's List' fails first censorship hurdle

`Schindler's List' fails first censorship hurdle JAKARTA (JP): The Oscar-winning film Schindler's List failed the first censorship test when it was reviewed by five members of the Film Censorship Board. Soekanto, the Board's executive director, told The Jakarta Post yesterday that there were disagreements among the five members on whether to pass the film. A unanimous decision is required to allow its showing to the public.

Govt rejects extension of 43 forest concessions

Govt rejects extension of 43 forest concessions JAKARTA (JP): The Ministry of Forestry has rejected the extension of 43 forest concessionaires' licenses because their operational areas can no longer support logging activities. Minister of Forestry Djamaloedin Soeryohadikoesoemo said here on Tuesday that the decision was made after his ministry evaluated the conditions of 103 concession areas, the licenses for which expired last month.