Indonesian Political, Business & Finance News

Archive: 4 May 1994

37 articles found

Foreign investment plunges by 83.2 percent

Foreign investment plunges by 83.2 percent JAKARTA (JP): Foreign investment commitments approved by the government during the March 16-April 15 period dropped by 83.2 percent to US$411.66 million from $2.46 billion in the Feb. 16- March 15 period. The Investment Coordinating Board (BKPM) said in its latest monthly report that domestic investment commitments approved in the March-April period also fell.

Developers lose land if delaying housing projects

Developers lose land if delaying housing projects JAKARTA (JP): The government will take strict measures against real estate developers which fail to develop land that has been licensed for housing within 15 years, State Minister of Public Housing Akbar Tandjung said. "If the housing developers are not able to develop the land, the government will take over," Tandjung told reporters after a ceremony here yesterday to mark the opening of a four-day workshop for journalists on housing development.

Police promise to bring case of Irwan to court

Police promise to bring case of Irwan to court JAKARTA (JP): The police insist they have no plan to close the case of a driver who lost control of his speeding car and killed five students on Juraganan road near the Permata Hijau intersection two months ago.

South Korea to carry out road study in Bali

South Korea to carry out road study in Bali JAKARTA (JP): Indonesia and South Korea will soon sign an agreement for a one-year feasibility study on the road network improvement in Bali, the Korean embassy says.

South Korea defies tropical climate in Davis Cup duel

South Korea defies tropical climate in Davis Cup duel JAKARTA (JP): The South Korean Davis Cup squad said that they had no problems with Jakarta's hot climate as they geared up for the second round of the Asia Oceania qualifying round. There, they will be put up against host Indonesia. The match is scheduled for May 6-8. "We have been accustomed to playing in a hot climate," said non-playing captain Kim Choon-ho during a training session at Senayan tennis court yesterday.

NU stance over PPP may not help party: Scholar

NU stance over PPP may not help party: Scholar YOGYAKARTA, Central Java (JP): It would take more than the return of Nahdlatul Ulama (NU) to the United Development Party (PPP) at the next general election to bolster its position, noted political observer Afan Gaffar says.

Indonesia needs strong industrial workforce, Soeharto says

Indonesia needs strong industrial workforce, Soeharto says JAKARTA (JP): Indonesia needs a strong and skilled workforce to ensure success in its current industrialization drive, President Soeharto says. Launching a series of seminars designed to strengthen Indonesia's manpower base, Soeharto said yesterday that both workers and management should strive to build a strong industrial workforce.

Your Letters

Your Letters Message of condolence I haven't read any news about Jakarta or the Indonesian Embassy in Washington sending a message of condolence to the Nixon family. It is wrong if we can't do that. In my view, Richard Nixon was a good friend of Indonesia. In 1953, he visited Jakarta and Bogor to see president Sukarno. Fourteen years later, he returned to Indonesia as a private citizen of the United States, but we welcomed him as if he were a president. In 1969, Nixon became the first U.S.

ILO to help with labor reform in Indonesia

ILO to help with labor reform in Indonesia JAKARTA (JP): The International Labour Organization (ILO) yesterday pledged to help Indonesia reform its labor laws to meet international standards and principles. Visiting ILO Deputy Director General Heribert Maier and Minister of Manpower Abdul Latief signed an agreement under which the Geneva-based organization will provide expertise as Indonesia revamps its labor legislation to ensure better distribution of wealth.

TV Today: Wednesday, May 4, 1994

TV Today: Wednesday, May 4, 1994 TVRI 2:30 p.m. Cartoon: Prince Valiant 3:05 Children Program 3:30 Science World 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Indonesia the Beloved Country: Riau 6:15 Village program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05 TV Drama: Piala yang Tertunda 9:00 World News 9:30 Music Program 10:35 Late News 10:45 Film Program 2 4:30 p.m.

Jayakarta Tower Hotel workers resume work

Jayakarta Tower Hotel workers resume work JAKARTA (JP): Employees of the four-star Jayakarta Tower Hotel on Jl. Hayam Wuruk in downtown area resumed work yesterday after the hotel management met some of their demands. "The workers have reported to work again after the management agreed to meet their demands," R. Pasaribu, the hotel's spokesman told the Jakarta Post.

U.S. pledges not to impose its values on ASEAN

U.S. pledges not to impose its values on ASEAN JAKARTA (JP): The United States will not measure southeast Asian countries against America's own standards of human rights, a senior State Department official says. "We would never engage in either a naive nor arrogant crusade with respect to preaching American prescriptions on other cultures," Winston Lord, Assistant Secretary of State for East Asian and Pacific Affairs, said yesterday. Speaking at a Worldnet dialog from Washington D.C.

NGO activists complain about confiscation of INFID papers

NGO activists complain about confiscation of INFID papers JAKARTA (JP): Activists from the International NGO Forum on Indonesian Development (INFID) released to the public documents that had been confiscated by the authorities last week upon their return from a meeting in Paris. They were mostly papers about good governance which were presented at the INFID conference in the French capital, vice chairman of the Indonesian branch of INFID, Abdul Hakim Garuda Nusantara, told reporters yesterday.

Lt. Col. Latief

Lt. Col. Latief gets new job JAKARTA (JP): City Police spokesman Lt. Col. A. Latief Rabar was installed as head of sub-agency for Documentation and Research of the Information Service yesterday. He was installed during a ceremony at National Police Headquarters and will replace Col. Suyitno. The ceremony was presided over by Chief of the Information Service, Brig. Gen. I.K. Ratta. Suyitno, 54, who by law will enter retirement next year, has been given a position outside the police force.

Where to go in Jakarta, May 4

Where to go in Jakarta, May 4 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. to 11:30 p.m.

Protection for press still poor: Observer

Protection for press still poor: Observer JAKARTA (JP): The Indonesian press needs better protection and more freedom in order to fulfill its role, a discussion concluded yesterday. Senior journalists Toety Adhitama and Samuel Pardede, political observer Abdurrahman Wahid and director-general for Press and Graphics Development Subrata had different views about the protection of the press, but agreed to the important role a free press plays in a democracy.

Harmoko says Indonesian press guilty of bias, slander

Harmoko says Indonesian press guilty of bias, slander JAKARTA (JP): The Indonesian press gets another rebuke in the course of only a few days. Minister of Information Harmoko said here yesterday that the press should refrain from making slanderous and biased reports if it wants to maintain its credibility. The first criticism came from the military on Friday when Lt. Gen. R.

ADB meeting opens with row over "cultural imperialism"

ADB meeting opens with row over "cultural imperialism" NICE, France (AFP): The Asian Development Bank opened its annual meeting yesterday with a bitter row between donors and borrowers that has led developing nations to describe loan conditions as attempts at "cultural imperialism." The ADB annual meeting -- a financial jamboree being held for the first time on this continent -- opened under a springtime sky in this French Riviera playground amid a raging debate between donors, led by the...

Dutch nationals to be tried for drug trafficking

Dutch nationals to be tried for drug trafficking JAKARTA (JP): The police said two Dutch men being held on suspicion of drug smuggling will be tried this month while revealing that city prosecutors fear their safety will be compromised if they handle the case. "We sent the dossiers of the suspects along with 4,700 Eva pills seized during the raids as material evidence to the Jakarta Prosecutor's Office on April 5," head of the City Police dangerous drugs unit, Maj.

Govt to establish secondary mortgage facility

Govt to establish secondary mortgage facility JAKARTA (JP): The government will establish a secondary mortgage facility (SMF) to help finance the country's growing demand for housing, State Minister of Public Housing Akbar Tandjung says. "The government's ability to finance public housing has been decreasing over the last years," Akbar said in a seminar on alternative financing for the real-estate industry yesterday.

MEDAN, North Sumatra (JP): A labor activist reportedly told a

MEDAN, North Sumatra (JP): A labor activist reportedly told a colleague that he was responsible for mobilizing nearly 11,000 workers to stage a peaceful protest on April 14, which later turned into anti-Chinese rioting. Amosi Telaumbanua, chairman of the Medan branch of Prosperous Trade Union (SBSI), was unable to control the furious protesters who turned violent after they failed to see local officials, a confidante of the activist told The Jakarta Post Monday.

Business News in Brief

Business News in Brief Seeds donated for research JAKARTA (JP): Australian Ambassador to Indonesia Allan Taylor handed over yesterday 100 kilograms of Acacia mangium seeds to Minister of Forestry Djamaloedin Soeryohadikoesoemo. The seeds are worth A$90,000 (US$64,249). The gift was part of a program of collaborative forestry research with Indonesia.

Port company to issue bonds

Port company to issue bonds JAKARTA (JP): PT (Persero) Pelabuhan Indonesia II, a state- owned port company, will issue five-year bonds next month to raise Rp 100 billion (US$46.5 million) to finance the construction of Container Terminal III at Koja in North Jakarta. The company's president, Amir Harbani, told a public presentation yesterday that the bonds will cover only part of the new terminal's cost of $483.4 million.

Telkom to market 600,000 digital cellular telephone lines

Telkom to market 600,000 digital cellular telephone lines JAKARTA (JP): Investors in Batam and Bintan, two islands south of Singapore, will be able to communicate with cellular telephones next month, when their global system for mobile (GSM) telecommunications begin operations.

Share prices decline on Jakarta Stock Exchange

Share prices decline on Jakarta Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) continued their sustained fall yesterday with most issues loosing ground in heavy trading in line with the downward trend on other Asian markets. The Composite Index closed 1.46 points lower at 460.33. The narrower-based GTDBS-50 Index also closed lower at 107.06 from 107.23.

Small Islamic school makes mosque central to children's lives

Small Islamic school makes mosque central to children's lives By Santi WE Soekanto CIMANGGIS, Depok, West Java (JP): It's nap time at the Nurul Fikri Integrated Islamic School in Depok. Dozens of small girls wearing religious headdress are laying down on prayer mats spread on the floor of the school's mosque. Their eyes are shut but their giggles are still heard. The school hours, filled with math and other subjects, are already over.

Across the Archipelago

Across the Archipelago E. Java defends ban on seminar SURABAYA: The police, responding to criticism of their ban on a seminar on human rights last Sunday, blamed the organizers for failing to observe proper procedures in applying to hold the meeting. East Java Police Chief Maj. Gen. Emon Rivai said the ban had nothing to do with the contents of the discussion or the list of speakers.

Thomas and Uber Cup players get boost

Thomas and Uber Cup players get boost JAKARTA (JP): Indonesian badminton players received the Thomas Cup and Uber Cup finals boost they needed when they met President Soeharto at the State Palace yesterday.

Again, the worker problem

Again, the worker problem President Soeharto's call the other day for higher industrial wages may sound like music to many laborer's ears. "The wage system should not widen the social gap," the President said in a seminar, jointly organized by the Ministry of Manpower and the International Labor Organization. Soeharto cautiously added that wages should not rise so high as to damage the competitiveness of the Indonesian economy, which benefits from cheap labor.

'Happy Day' restaurant sticks to basics

'Happy Day' restaurant sticks to basics JAKARTA (JP): It seems that Jl. Ir. H. Juanda in Central Jakarta is exerting a compulsive attraction on me because I often find myself on that road with the small hope of finding, perhaps, an exciting new restaurant, to replace the memory of those long gone gutsy eating places which Noordwijk - the old name for the area - was famous for.

Special team tickets 199 bus drivers, impounds 21 buses

Special team tickets 199 bus drivers, impounds 21 buses JAKARTA (JP): The City Traffic and Land Transportation Control Office ticketed at least 199 bus crews and impounded 21 buses for various violations yesterday. "The actual figure may be higher as we haven't yet received the complete reports from the mayoralties," agency spokesman, Herman Tonglo Langi, said yesterday, the third day of an operation to ensure that public buses keep their doors closed while in motion.

Tanah Lot project wins approval from government

Tanah Lot project wins approval from government JAKARTA (JP): The government has recommended the development of the Bali Nirwana Resort, a US$200 million tourism project adjacent to the Tanah Lot temples in Bali, go on, despite the persistent criticism of local residents and students nationwide.

Discovering lamb chops and other New Zealand dishes

Discovering lamb chops and other New Zealand dishes JAKARTA (JP): People say the fastest way to get to know a country and its inhabitants is to know what their food is like. In New Zealand, where sheep outnumber the population (18 million to 4 million) it is not surprising that cooks have developed masterly skill in preparing all sorts of lamb dishes - as demonstrated by chefs at the New Zealand tourism fair at the Sahid Jaya hotel held until Friday.

Neighborhood night-watch system to be intensified

Neighborhood night-watch system to be intensified JAKARTA (JP): The Jakarta Military Command sees the siskamling or night watch system, as the most effective way to combat and prevent crime. The night watch system is currently on the wane but the Military Command has vowed to strengthen it. "We steadily encourage people to revive the system," Lt. Col. Didi Supandi, a spokesman for the Jakarta Military Command, told the Jakarta Post yesterday.

Australia ready for Asia: Keating

Australia ready for Asia: Keating CANBERRA (AFP): Australia has reformed its business and popular culture and made the necessary macro-economic changes to take its place in Southeast Asia as an exporter of high-value- added goods, Prime Minister Paul Keating said yesterday. Keating told a business seminar attended here by about 100 Australian and Singaporean executives that both countries needed to look beyond the popular stereotypes of each other.

Compulsory

Compulsory education The Outlines of the State Policy (GBHN) 1993 stipulates that the aim of the second long-term development plan is to build an advanced and prosperous nation, materially and spiritually. In this spirit, the government has determined that the 9-year compulsory education program will begin on May 2. President Soeharto appealed to all parties to participate in making the compulsory education program a success.

Focus on Jakarta

Focus on Jakarta MMPI to hold a one-day seminar In anticipation of a possible increase in the prices of school textbooks, the Indonesian Book Society (MMPI) plans to sponsor a one-day seminar on Books and National Education at the Sari Pacific hotel on May 7. The anticipated price hikes would be the result of increased demand for textbooks products following the beginning of the new, nine-year compulsory education plan this week.