Indonesian Political, Business & Finance News

Archive: 9 April 1994

41 articles found

Indonesia plans legislation against waste imports

Indonesia plans legislation against waste imports JAKARTA (JP): The government is currently drafting a legislation to bar any trade of toxic and hazardous waste within its waters. The move tallies with the new version of the Basel Convention on the control of transboundary movements of hazardous wastes, which was upgraded in Geneva last month, State Minister of Environment Sarwono Kusumaatmadja told reporters yesterday.

JAKARTA (JP): Share trading remained sluggish yesterday with

JAKARTA (JP): Share trading remained sluggish yesterday with share prices mostly losing ground in moderate trading. The broad-based Composite Index lost another 4.5 points to close at 463.43 from 467.97 on Thursday. The narrower-based GTDBS-50 Index also continued falling to close at 109.49 from 111.12.

JP/kod

JP/kod MASKED LADY: Siti Hardiyanti Rukmana (second from left), the eldest daughter of President Soeharto, covers her face with a Japanese mask presented by Shiegeo Nakajima (third from right) of Nippon Paper Industries, while the chairman of the Barito Pacific Group, Prajogo Pangestu (left) and others applaud. They signed an agreement in a ceremony in Jakarta yesterday on the establishment of a pulp mill in South Sumatra.

Paddlers explore the Queen of the Southern Sea

Paddlers explore the Queen of the Southern Sea Text and photo by D. Iswandono YOGYAKARTA (JP): As mankind's quest for new sensations grow, canoeing has turned spectacular. The southern shore along the coast of Java facing the Indian Ocean, with its mountainous beaches and threatening waves, offers a perfect setting for a canoe adventure.

Street painter not slowed by handicap

Street painter not slowed by handicap By Riyadi - 10 pts ML l/c JAKARTA (JP): Although partially disabled, street painter Ngatno, alias Atno, harbors dreams of becoming an acclaimed artist, believing that a man's reach should exceed his grasp. Those who frequent the Blok M shopping center in South Jakarta may come across him demonstrating his portrait-drawing skill.

Sri Lanka to adopt low-cost, local technology on water treatment

Sri Lanka to adopt low-cost, local technology on water treatment JAKARTA (JP): Sri Lanka is interested in adopting low-cost, locally developed water treatment technology which is now being tested at the Kemang Pratama housing complex in Bekasi. "We are conducting a good-will mission here, while checking the possibility of transferring the technology," Sri Lankan Minister of Housing, Construction and Urban Development Sirisena Cooray, said yesterday.

Your Letters

Your Letters Learner's drivers' license The lessons and a few hours of driving practice offered by the driving school here are just not sufficient for a new driver to start driving by himself on busy roads. And there is no system in Indonesia to let other people on the road know that there is a new driver at the wheel. In India, a system has been in place for a long time, similar to the one proposed by Mr. Richard Flax (The Jakarta Post, March 31, 1994), and it has proven to be effective.

Bogor verdict crucial to environmental agency

Bogor verdict crucial to environmental agency JAKARTA (JP): The Bogor District Court could set a major legal precedent when it announces the verdicts in the trials of two sand quarrying companies on April 21. Both are being charged with destroying the environment. The Environmental Impact Management Agency (Bapedal) said yesterday the verdicts will be crucial to the government's fight against the highly destructive practices of sand quarrying.

By Indra Darmawan

By Indra Darmawan JAKARTA (JP): We have followed the media accounts of the tragic conflict in Yugoslavia with great interest and have been disturbed by the oversimplification of the causes of the present conflict between Serbs and Croats in the republic of Croatia. Yugoslavia's economic and political system is different from that of other Eastern European countries. It broke away from Soviet control in 1948 and has tried to develop a different type of economic system.

Indonesia plans cultural road show in Germany

Indonesia plans cultural road show in Germany JAKARTA (JP): Indonesia plans to hold a major cultural road show in various cities in Germany next year on a slightly smaller scale than its highly successful show in the United States in 1992. Edi Sedyawati, the director general of culture at the Ministry of Education and Culture, said yesterday the show is intended to introduce the German people to diversity and beauty of Indonesia's art forms.

Gunung Kidul farmer found dead

Gunung Kidul farmer found dead JAKARTA (JP): A man from the remote hinterland of Gunung Kidul, Central Java, was found dead on the pedestrian bridge in front of UKI university along Jl. Soetoyo, East Jakarta, yesterday morning. "The 37-year-old farmer, identified as Supriyanto Noto, was a resident of Sumber Redjo village in Gunung Kidul. His body, which was covered with stab wounds, was discovered at 3:30 a.m.

Bapindo suspects demand change of arrest status

Bapindo suspects demand change of arrest status JAKARTA (JP): A lawyer representing two suspects in the Bapindo corruption investigation demanded the release of his clients, stressing that by law they are entitled to wait for their trial at home. Lawyer Denny Kailimang told reporters yesterday that his firm has put in a petition with the Attorney General's office for the conditional release of Maman Suparman and Towil Heryoto.

ASEAN At A Glance

ASEAN At A Glance *Tolong prioritaskan Moro-Maids-Film dalam ATW. Jakarta to host next RP-Moro talks ZAMBOANGA, Philippines (AFP): The government and Moslem guerrillas adjourned peace negotiations here overnight without announcing any breakthrough, but agreed to meet again soon in Jakarta, spokesmen said yesterday.

New appointments in Air Force and Navy

New appointments in Air Force and Navy JAKARTA (JP): Air Force Chief of Staff Marshall Rilo Pambudi inducted Commodore I.G. Sudana as Air Force Operation Commander, replacing Rear Marshall Subagiyo, and Rear Marshall Marsabdo as Inspector General, in place of Rear Marshall Andaya Lestari, yesterday. The two new officials were sworn in during separate ceremonies at Halim Perdanakusuma Air Base and the Air Force Headquarters respectively.

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A JP/arh ART LOVERS: Spanish envoy Antonio Sanchez Jara congratulates painter Pilar Hervas (right) after opening her exhibition of 32 paintings on Tuesday. The display is being held at the Spanish embassy on Jl. Agus Salim, Central Jakarta, until April 15. B JP/kod JOINT COURIERS: Director of PT Birotika Semesta Lucy Rumantir (left) walks ahead of (left to right) Stephen Fenwick of DHL Worldwide Express, Rudi Pesik, D.

Clinton sorry over Hosakawa resignation

Clinton sorry over Hosakawa resignation MINNEAPOLIS (Agencies): President Clinton was sorry to hear of the resignation of Japanese Prime Minister Morihiro Hosokawa, the White House said yesterday. Hosokawa announced early yesterday that he was resigning to take responsibility for a flap over controversial personal loans that has paralyzed parliament. "The president has been informed and is sorry to hear the news of the resignation," White House spokeswoman Ginny Terzano said.

Asian markets shrug off Hosokawa's resignation

Asian markets shrug off Hosokawa's resignation TOKYO (Agencies): The Tokyo stock market closed higher yesterday despite Japanese Prime Minister Morihiro Hosokawa's announcement he will resign over the handling of personal loans. Other Asian markets ended mixed in indifferent trading.close at 9,298.22.

TV Today, Saturday, April 9, 1994

TV Today, Saturday, April 9, 1994 TV today TVRI 2:30 p.m. Sports Program 3:30 TV Series: The Invaders 4:30 Cultural program 5:00 Regional News 5:30 Comedy 6:00 Nusantara the beloved country: Jakarta 6:15 Village program 6:30 Music 7:00 Evening News 7:30 Report on National Defense Institute 8:00 TV Series: Midnight Caller 9:00 World News 9:30 Music Program 10:30 Late News 10:45 Film Program 2 4:30 p.m.

Editorial

Editorial As the drama unfolds Observing how reports on the background of the Bapindo credit scam, undoubtedly the biggest financial scandal in Indonesia in the last decade, unfold, is now perhaps the most popular pastime for many Indonesians. It has all the necessary ingredients to be a highly packed suspenseful drama. The key players are noted persons. The sum involved is a huge Rp 1.7 trillion. A well known international detective agency has been retained to track the missing funds.

Where to go in Jakarta, April 9

Where to go in Jakarta, April 9 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.

Wardiman insists on one written test for university entrance

Wardiman insists on one written test for university entrance JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro yesterday turned down a proposal that would have required prospective students to pass a behavioral test before being accepted into university. Wardiman told reporters yesterday that while the proposal had its merits, it is highly impractical.

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A HAT TRICK: Bandung's Persib striker Sutiono (9) heads the ball to score his third goal during PSSI Cup inter-city amateur clubs national soccer championship against Persiraja of Aceh. Persib defeated Aceh 4-1 in yesterday's Cup finals at Senayan stadium.

New road named after Aceh Aceh hero

New road named after Aceh Aceh hero JAKARTA (JP): Governor Surjadi Soedirdja officially named a new artery road-- which starts at the elite Pondok Indah elite housing complex -- after an Acehnese hero, Sultan Iskandar Muda. "This new road is aimed at easing the heavy traffic from South Jakarta, where the majority of Jakartans live, to Central Jakarta, where they work," said Surjadi.

JP/8/PLTGU

JP/8/PLTGU Export credit for gas, steam power projects reviewed JAKARTA (JP): Coordinating Minister for Economy and Finance Saleh Afiff has confirmed that the export credit allocations for three power plant projects in Java already awarded on a repeat- order basis would be reviewed. "The review is necessary because the Ministry of Mines and Energy is reevaluating the prices of the three projects," Afiff was quoted by the Antara news agency yesterday as saying.

YLBHI ready to defend general's killer

YLBHI ready to defend general's killer JAKARTA (JP): A legal aid foundation yesterday pledged to defend and accompany the four young men accused by the police in the killing of Brig. Gen. TMF Tampubolon at their interrogation sessions. "We've discussed this matter with a number of lawyers in this city and will soon offer our free services to the four suspects, particularly to accompany them during the questioning as allowed by our law," YLBHI executive director Mulyana W.

Across the Archipelago

Across the Archipelago Eight years for marijuana dealers MEDAN, North Sumatra: The Medan District Court has sentenced a woman and her son to eight years imprisonment for drug trafficking. The court found Esters Boru Simanjuntak and Rikson Silitonga guilty of selling marijuana which they carried from Aceh last September. The prosecutors had earlier sought 12 years for Ester and 10 years for Rikson.

Garuda's new subsidiary

Garuda's new subsidiary JAKARTA (JP): The national flag carrier Garuda Indonesia, which recently bought a two-percent stake in the Singapore-based Abacus company, is due to establish a new subsidiary to tackle the marketing of the Abacus' travel packages.

JP/kod

JP/kod FINANCE EXECUTIVES: Robby Djohan (right), a member of the Board of Governors of the Financial Club, talks seriously with (from left to right) Chairman of the Association of Domestic Private Banks Trenggono Purwosuprodjo, a former president of PT Caltex, Julius Tahija, and a former state-owned Bank Bumi Daya president Omar Abdalla, at a halal bihalal gathering at the Niaga Tower building in Jakarta. The club's chairman, Ali Wardhana, hosted last night's party.

PT Inti supplies most of demand for telecommunications equipment

PT Inti supplies most of demand for telecommunications equipment BANDUNG, West Java (JP): An increase in PT Inti's production capacity has put it in position to provide almost all of the equipment required for telecommunications expansion in the next five years.

Local scholar supported by Australian `Indonesianists'

Local scholar supported by Australian `Indonesianists' JAKARTA (JP): Thirty-five noted Australian "Indonesianists" have signed a letter in support of George J. Aditjondro, a lecturer at Satya Wacana Christian University in Salatiga, who incurred the government's wrath for his study on East Timor. The letter, addressed to rector John O.

Mulialand and Bank Rama to sell shares to public

Mulialand and Bank Rama to sell shares to public JAKARTA (JP): PT Mulialand, a property developer and PT Bank Rama, a private bank, will issue new shares soon, with Sigma Batara as the managing underwriter. Frank Taira Supit, Sigma Batara's president, said yesterday that Mulialand, a major commercial property developer, will issue 147 million new shares on April 18-21.

1. Garment --- 48 Metro Medium, 3 lines, 3 cols, l/c

1. Garment --- 48 Metro Medium, 3 lines, 3 cols, l/c Levi Strauss stops contract with Danastri 2. KRL --- 28 Helvetica Bold Condensed, 1 line, 3 cols, l/c Jakarta-Serpong train starts operation 3. Bolon --- 36 Century Bold, 2 lines, 3 cols, l/c YLBHI ready to defend Tampubolon's suspects 4. Among --- 36 Century Bold, 2 lines,, 4 cols, l/c Disabled street artist holds to dream of becoming famous artist 5. Jalan --- 24 Century Bold Italic, 3 lines, 1 col, l/c Artery road named after Aceh hero 6.

JAKARTA (JP): Taiwanese businessman from small and medium

JAKARTA (JP): Taiwanese businessman from small and medium sized companies, representing the China External Trade Council, are expected to visit Indonesia at the end of this month. The China Trade Council is a consortium of private enterprises. David Y.S. Tzou, Information Division Director of the Taipei Economic and Trade Office here, told The Jakarta Post yesterday that the group's visit indicates the strong commitment of Taiwan to improve economic cooperation with Indonesia.

Heading: 36 pt Helvetica Bold Condensed, 3 lines, 2 cols

Heading: 36 pt Helvetica Bold Condensed, 3 lines, 2 cols Bandung spurs 4-1 victory over Aceh JAKARTA (JP): Ace striker Sutiono fired a hat-trick to lift Persib Bandung to a 4-1 win over Persiraja Banda Aceh in their opening match of the intercity amateur soccer championship at Senayan stadium yesterday.

Soeharto should groom a successor, scholar says

Soeharto should groom a successor, scholar says JAKARTA (JP): Noted political scholar Amir Santoso sparked a new controversy yesterday when he suggested that President Soeharto should appoint his successor to ensure that an orderly transfer of power takes place in 1998. During a political discussion at the University of Indonesia, Amir cast doubts that Indonesia's political system would be able to survive an open competition in a presidential election.

Panjang port harbors ambitious long term goals

Panjang port harbors ambitious long term goals By Prasetyo Subekti PANJANG, Lampung (JP): Work is going at full steam in this tiny port at the southern tip of Sumatra. The workers have a 1997 deadline to beat for the completion of the first phase of Panjang Port's expansion project. PT Pelabuhan II, the government company which administers the Panjang harbor as well as a host of other ports in southwestern Indonesia, including Tanjung Priok in Jakarta, has set an ambitious target for Panjang.

Barito's subsidiary to raise $750m in loan for pulp mill

Barito's subsidiary to raise $750m in loan for pulp mill JAKARTA (JP): PT Tanjung Enim Lestari, a newly established subsidiary of the Barito Group, plans to raise offshore loans of around US$750 million to finance the construction of a pulp mill in Muara Enim, South Sumatra.

Environment

Environment Indonesia plans legislation against toxic waste imports. Page 2 Garment Levi Strauss stops contract with dispute-plagued Danastri. Page 3 Middle East Jerusalem spurs PLO-Jordanian suspicions. Page 4 Kayak Paddlers explore Queen of the rough Southern Sea. Page 6 Business The Taiwanese business shows interest in Indonesia. Page 8 Soccer AC Milan looks to clinch title at Torino tomorrow.

Levi Strauss stops contract in garment factory

Levi Strauss stops contract in garment factory JAKARTA (JP): The San Francisco-based Levi Strauss & Co. has decided to stop placing orders with the Jakarta-based PT Duta Busana Danastri garment factory, which it believes has ignored guidelines on worker rights. Senior manager David Samson, in a statement faxed to The Jakarta Post yesterday, said that his company has a commitment to ensure that workers are treated respectfully. Levi Strauss & Co.

JAKARTA (JP): The Tanah Abang-Serpong electric train started

JAKARTA (JP): The Tanah Abang-Serpong electric train started trial operations on Thursday, making it the first electric train outside the Jakarta-Bogor line. The first official passengers included Director General of Land Transportation Soejono, who said the Jakarta-Serpong electric train will be fully operational by the end of the month.

Dutchman says

Dutchman says bye to Pentax An incredulous Dutch tourist yesterday reported that his bag with valuables in it, including a Pentax camera, seemed to have strolled off while he dozed on a Jakarta-bound bus from Bukit Tinggi, West Sumatra. While the well-rested Neils Hoevenaars and friends slept aboard the bus on Wednesday, an opportunistic passenger probably made off with the goods.