Indonesian Political, Business & Finance News

Archive: 21 June 1994

50 articles found

Indian on trial for drugs

Indian on trial for drugs MEDAN, North Sumatra: The district court yesterday opened the trial of an Indian charged with attempting to smuggle in almost 13 kilograms of heroin in February. The session lasted only about 10 minutes after the court was unable to provide an interpreter as the defendant, APC, 55, requested. Presiding Judge Djulizar, adjourning the session to June 27, also granted the defendant's request to provide him with a lawyer.

Garuda to sell 11 DC-9s to American company

Garuda to sell 11 DC-9s to American company JAKARTA (JP): Garuda Indonesia will sell 11 DC-9s to an American company, a new executive of the national air carrier says. "Several American companies have bid for the used DC-9s," Darmadi, the company's new operation director told reporters yesterday. Garuda originally planned to sell 30 aircraft, including nine Airbus B4s, five DC-9s and 16 Fokker-28s. Six of the 11 DC-9s are now operated by Merpati Nusantara Airlines, Garuda's sister company.

Cambodia counts on continued RI support

Cambodia counts on continued RI support JAKARTA (JP): Cambodian leaders yesterday urged Indonesia to continue helping to rebuild their country after seeing it through a prolonged and destructive civil war. Cambodia's co-prime ministers Prince Norodom Ranariddh and Hun Sen arrived yesterday for a three-day visit which is expected to focus on enhancing bilateral economic cooperation.

City councilors not sure they can curb urbanization

City councilors not sure they can curb urbanization JAKARTA (JP): City councilors agree with Governor Surjadi Soedirdja that population remains the most serious problem in the capital but they appear a bid skeptical that the municipality can successfully impede the pace of urbanization. Lukman F. Mokoginta from the Indonesian Democratic Party (PDI) faction, Nitra Arsjad from the Golkar faction, and Helmy R.

Ginandjar receives honorary degree

Ginandjar receives honorary degree Jakarta (JP): State Minister of National Development Planning Ginandjar Kartasasmita has been awarded an honorary degree by a leading American university in acknowledgement of his eminent public service. Northeastern University, in Boston, one of America's oldest educational institutes, conferred him with the title Doctor of Public Service on June 18 at the school's annual commencement ceremony, the Antara news agency reported yesterday.

Stock Exchange

Stock Exchange JAKARTA (JP): The Jakarta Stock Exchange (JSX), which has lost ground over the past two consecutive weeks, yesterday continued weakening with the broad-based Composite Index dropping slightly to 475.72 from 476.54 on Friday. News of Indonesia's timber baron, Prajogo Pangestu's deal to take over a controlling stake in Malaysia-listed Construction and Supplies House Bhd. (CASH) on Saturday has not been able to prod the country's lethargic market, a securities analyst said.

RI businessmen to return to RP meeting

RI businessmen to return to RP meeting DAVAO, Philippines (AFP): Indonesian businessmen who pulled out of a conference in this southern city due to the controversy over a meeting on East Timor will attend a rescheduled gathering, an organizer said here yesterday. Jose Vicente Bengzon, head of the marketing committee for the conference on the East ASEAN Growth Area (EAGA), said he had been told informally by Indonesian delegates they would attend the conference in August.

RI, Malaysia in library ties

RI, Malaysia in library ties JAKARTA: Indonesia and Malaysia have agreed to cooperate in the development of library. The memorandum of agreement was signed here yesterday. Indonesia was represented by Adi Sasono of the Center for Information and Development Studies. Malaysia was represented by Sha'ari Abdullah of the Council for Language and Library. The agreement is a follow-up of a cooperation agreement signed by State Minister of Research and Technology B.J.

Intinusa to offer shares to public

Intinusa to offer shares to public JAKARTA (JP): PT Intinusa Selareksa, a natural granite processor and a subsidiary of the Napan group, will offer five million new shares amounting to 32.6 percent of its enlarged common stock to the public in the middle of July.

RI to use Australia Today as means to attract investors

RI to use Australia Today as means to attract investors JAKARTA (JP): Indonesia is planning to use the ongoing Australia Indonesia Today '94 as a spring board for its own bid to attract Australian investors.

Bus kills biker

Bus kills biker An angry mob destroyed a Metro Minibus after it struck and killed a motorcyclist in Kebayoran Lama, South Jakarta, over the weekend. The biker, identified as Ruswanto, 45, was thrown from his motorcycle when the bus, being driven at high speed by Wawan Gunawan, 25, suddenly skidded and hit Ruswanto from behind. Ruswanto, unconscious and bleeding profusely, was rushed to a nearby hospital, but he died on the way, Post Kota reported.

State budget

State budget Correction: The seventh paragraph of our story headlined Mar'ie reaffirms high budget discipline in yesterday's issue erroneously rephrased a portion of finance minister Mar'ie Muhammad's remarks in Semarang. The paragraph should instead read: All of us-- be they the House of Representatives, socio-political forces, informal leaders, including the press-- should feel duty bound to safeguard this boat (state budget). We should work together to guard the state funds..... -- Editor

Jakarta still the best for less-privileged

Jakarta still the best for less-privileged By Meidyatama Suryodiningrat JAKARTA (JP): As Jakarta approaches its 267th birthday tomorrow, the bustling city remains a magnet for those willing to endure the cruel existence of laboring as petty traders and street vendors. "No matter how tough things get it's still the best place to make a living," Maman, a cigarette vendor working at a traffic light in Tanah Abang, Central Jakarta, said to The Jakarta Post yesterday.

Spanish state looks to Indonesia for business

Spanish state looks to Indonesia for business JAKARTA (JP): The campaign gimmick "Come and trade with Catalonia" might prompt many people to ask "where?," but mention Barcelona, and they will quickly identify it as the host of the 1992 Olympic Games, or one of the leading Spanish soccer teams. A delegation from the autonomous Spanish state is in town to show the Indonesian public, and potential investors, that there is more to Catalonia than Barcelona, the Olympics and soccer.

Bapindo branch executive denies taking bribes

Bapindo branch executive denies taking bribes JAKARTA (JP): A former Bapindo executive denied yesterday that he took bribes from businessman Eddy Tansil for allowing the latter to cash in huge sums of loans from the government bank between 1989 and 1992. Maman Suparman, formerly deputy manager of the bank's Jakarta branch, told a court hearing that although it is normal practice for bank executives to accept payments of gratitude from clients, he did not receive a single cent from Tansil.

Judge takes fizz out of game plan

Judge takes fizz out of game plan MANILA (Reuter): A judge ordered 7,444 Filipinos suing a soft drinks company for damages over a promotional game to pay 45 million pesos ($1.6 million) in court fees before hearing the cases. The group is seeking nine billion pesos ($333 million). In 1992, the company offered up to one million pesos ($37,000) to holders of bottle tops marked with winning numbers.

TV Today

TV Today TVRI 2:30 p.m. World Cup 1994: Brazil vs Russia (rerun) 4:30 Science Film: Best of Magic 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country: North Sulawesi 6:15 Village Program 6:30 Religious Teachings: Belief to God the Almighty 7:00 Evening News 7:30 Horizon 8:05 Drama: Warisan 9:00 World News 9:25 Journal of World Cup 1994 9:55 Berpacu Dalam Melodi 11:00 Late News 11:25 World Cup 1994: Argentine vs Greek (live) Program 2 4:30 p.m.

RP satellite stations

RP satellite stations MANILA (AFP): President Fidel Ramos yesterday announced the start of a 1.8 billion peso (US$67 million) project to set up 87 satellite stations to link the archipelago's most isolated parts. Ramos said the project would allow even the most distant towns in the country to enjoy telephone services, adding that "by making it possible for far-flung rural communities to emerge from their isolation... we hope to further boost economic activity in the countryside.

Warsito picked as governor candidate

Warsito picked as governor candidate JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. placed his own candidate in prime position to take the governorship of Central Kalimantan by crossing the most popular indigenous contestant from the list yesterday. Yogie nominated Warsito Rasman, the ministry's director general of public administration and regional autonomy and currently acting governor of Central Kalimantan.

Jakarta: Headache remains

Jakarta: Headache remains To most people coming from the rural areas, Jakarta's allure lies in more than its glitter. It is a city of hope and opportunity that holds the promise of a better life. Of course, such hopes are often not substantiated. However, the fact that Jakarta is becoming an ever greater lure to the rural populace is causing serious headaches for the city administration.

Wave victims need cash

Wave victims need cash SURABAYA, East Java: Governor Basofi Soedirman called on those wanting to assist victims of the recent devastating tidal waves on the southern coasts to donate cash. He said that medicines, food and clothing from donors have been "abundant," and that what the victims now need is cash to buy materials to rebuild their houses.

Sahid Jaya completes refurbishment

Sahid Jaya completes refurbishment JAKARTA (JP): Sahid Jaya Hotel & Tower, a subsidiary of the Sahid Group, will be officially reintroduced on Thursday after the completion of the bulk of its extensive renovation work. "The renovation of the 752-room hotel will be fully completed by the end of this year," Sahid chairman Sukamdani Sahid Gitosardjono told a press conference here yesterday.

Merpati's fleet problems

Merpati's fleet problems JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto said yesterday Merpati Nusantara Airlines could return the five Advance Turbo Prop (ATP) planes to British Aerospace even though their lease contract would expire only in 1996. "But Merpati should first ensure that its 14 CN-235 planes can operate at full capacity," Dhanutirto was quoted by the Antara news agency as saying.

Medan gains support to host world rally

Medan gains support to host world rally JAKARTA (JP): New champion Kenneth Eriksson of Sweden gave his weight to Indonesia's bid to host one of the world rally championship legs in Medan, North Sumatra. "I have a feeling that a world rally championship is coming very soon here," Eriksson told The Jakarta Post after forming the winning team with countryman Staffan Parmander in the Bentoel Rally Indonesia '94, the first leg of the six-round Asia Pacific series, on Sunday.

Alleged rapist beaten to death

Alleged rapist beaten to death An alleged rapist was found dead in his cell at the Penjaringan police precinct in West Jakarta yesterday. Tjeng Kim Tai, 34, is strongly believed to have been killed by another detainee identified only as St, following a bloody fight in the cell, Sinar Pagi reported. The victim was detained about a week ago on charges of raping an under-aged girl, the daily said quoting police sources. The motive of the killing is not known.

Dead Saudi citizen a victim of robbery

Dead Saudi citizen a victim of robbery JAKARTA (JP): The Saudi citizen who was found dead at a Central Jakarta hotel last week was a victim of robbery, the police concluded here yesterday. Based on preliminary questioning and on-the-spot investigation, police believe Abdul Karim al-Mubarak, 55, was killed by people who robbed him in his room at Hotel Karya II on Jl. Raden Saleh.

Prostitute found dead at brothel

Prostitute found dead at brothel Another prostitute at the Kramat Tunggak red-light district in North Jakarta was found dead in the brothel in the wee hours yesterday. Asih, 25, who hailed from Indramayu, West Java, was the third prostitute to have been found dead in the red-light district in the last six weeks. Unlike the first two, who were found dead with severe bruises on their bodies, police found no wounds on Asih's body, a police officer said.

CASH shares hit limit-up

CASH shares hit limit-up KUALA LUMPUR (Reuter): Shares of Construction and Supplies House Bhd (CASH) hit limit-up when trading in the counter resumed yesterday after the signing of an agreement whereby Indonesian timber tycoon Prajogo Pangestu will take over CASH in a 2.59 billion ringgit deal. CASH shares opened at 10.30 ringgit, against its pre- suspension price of 7.95 ringgit on March 22, on volume of 3.2 million shares.

Poisonous noodles

Poisonous noodles The case of poisonous instant noodles in Sumatra, which claimed five lives, proves that protection for consumers is weak. The incident took place in April, but there has been no serious handling of the matter since then. The society, however, has been warned not to eat instant noodles for the time being.

Roma Irama's film

Roma Irama's film From Merdeka Last weekend, the Indonesian Education Television (TPI) aired the film Bunga Desa (The Village Flower) with Roma Irama as the main star. In fact the film was directed by Roma Irama (popularly known as King of Dangdut music) himself. I was quite impressed by the film. Roma Irama seems to be very capable of creating a romantic melodrama. The plot of the story is simple, but the theme touches the conscience of the people and is a reflection of Islamic teaching.

Bapindo would have collapsed: BI official

Bapindo would have collapsed: BI official JAKARTA (JP): The huge financial losses incurred by Bapindo from its transactions with Eddy Tansil destroyed the state-owned bank -- or would have, according to a bank executive, if it hadn't been for a government bail out. Antony M.T.

Big mission to Australia

Big mission to Australia JAKARTA (JP): A 315-member trade, investment and tourist promotion mission comprising businessmen and officials from Indonesia's eastern provinces will make a week-long visit to Australia beginning on June 24. The mission, to be led by Rudy Lengkong, Chairman of the National Agency for Export Development, will take part in the Northern Territory Expo 94 in Darwin on June 24-26 and will visit Sydney on June 28-30.

Photo gallery offers promising talents

Photo gallery offers promising talents By Samsudin Berlian JAKARTA (JP): Promoted as the first journalistic photo gallery in the country, Galeri Foto Jurnalistik Antara shows promise of great things to come through its current exhibit. The gallery, owned by the Antara News Agency, is nestled amidst bustling stores at the entrance gate of the Pasar Baru shopping complex in Central Jakarta.

New details in the death of naked lovers

New details in the death of naked lovers JAKARTA (JP): Police revealed new information today regarding the mysterious case of a man and a woman found dead in the back seat of a sedan on Sunday morning. Today, police announced that the male victim had gotten out of the car to ask a housemaid for a cup of coffee -- three hours before the bodies of his and his girlfriend were discovered.

State forest firm books sharp rise in net profit

State forest firm books sharp rise in net profit JAKARTA (JP): The after-tax profits of the state-owned Perhutani forestry company rose by 168 percent from Rp 24.1 billion in 1992 to Rp 64.6 billion (US$30.76 million) in 1993, the company said yesterday.

Qantas boosts RI services

Qantas boosts RI services SYDNEY (AFP): Australian flag-carrier Qantas Airways Ltd. announced plans yesterday to boost its services to Indonesia with extra flights from Darwin, Perth and Sydney from October. The airline, which currently operates flights from Sydney to Jakarta on Tuesday, Thursday and Saturday, said it would add a fourth direct Boeing 767 service from Sydney to Jakarta on Monday of each week. It will also begin three Boeing 767 flights from Perth to Bali from Oct.

Corruption: Indonesia, Germany

Corruption: Indonesia, Germany From Tempo Willy Kaligis wrote about corruption in Indonesia and Germany in Tempo several weeks ago. As an Indonesian who also lives in Germany (as Kaligis does) I will not criticize his opinion about what kind of punishment the crooks deserve, but rather his comparison between corruption in Germany and Indonesia. Kaligis labeled Germany as a clean nation, while Indonesia is full of corruptors.

Are RI's intellectuals being betrayed?

Are RI's intellectuals being betrayed? By Hidayat Jati JAKARTA (JP): Recently, a foreign friend who had been in Indonesia for only a month or so, confronted me with curiosity about recent political debates, such as the debate about "intellectual organizations" and the apparent rampant anti- Semitism. His questions, expressed without a hint of condescension, were difficult to answer because they were often embarrassing. "What is it about Indonesian intellectuals? Can't they form an organization?

Thai firm to tap coal deposits in Sumatra

Thai firm to tap coal deposits in Sumatra JAKARTA (JP): A joint Thailand-Indonesia coal mining project will soon be initiated in Sinamar, West Sumatra, close to the Jambi border, and in Mampun Pandan in Jambi. A meeting aimed at familiarizing local officials with the Thai contractor, attended by Thai ambassador to Indonesia Kasit Pyromya and West Sumatra governor Hasan Basri Durin, was held in Padang, the West Sumatra provincial capital, yesterday.

Crimes and liquor industry

Crimes and liquor industry From Neraca "Operation Cleansing" and its effort to eliminate criminals and repress the distribution of liquor has obviously been a relief for most of the people. But unfortunately, as widely reported by national newspapers, the Ministry of Trade stated that the government allows the liquor industry to continue distribution. Indeed the liquor is intended for other countries, but who can guarantee some of it will not be illegally distributed in this country?

Serang has changed

Serang has changed From Republika I have lived in Serang, West Java, since my childhood. It was a lovely life. All social activities focused in and around the town's square. I used to go to the square just to relax. But Serang changed as I grew up. Factories and plazas came in. Television began bombarding the family and we are now entertained with workers' quarrels, reports on poor villages and even the Golden Key Group scandal. I still love old Serang.

Tampubolon's sisters upset with court proceedings

Tampubolon's sisters upset with court proceedings JAKARTA (JP): Hysterical wailings filled one of the East Jakarta District Court rooms yesterday where the four suspected killers of Brig. Gen. TMF. Tampubolon were being tried. The desperate sounds came from the deceased's sisters after they were allowed by presiding judge Soeroto to touch Tampubolon's clothing during the break between the second and third sessions.

Govt program and liquor

Govt program and liquor From Media Indonesia The enforcement of "Operation Cleansing" will be more successful if the government institutions work as a team. I am not saying that this operation is a failure, but the government officials should realize that more than one aspect relates to the success of the operation. I think those institutions which are in charge of social, political, economic and trade affairs as well as the police need to foster better coordination so they need to work harder.

Toll roads and rights

Toll roads and rights From Bisnis Indonesia I was surprised when I looked at the notes written on toll road tickets. The notes include warnings such as do not litter; do not pass other cars from the left side, etc. As a toll road user, every day I travel the Bekasi-Cawang- Semanggi route and have the responsibility of adhering to all the notes written on the ticket. However, I was wondering whether I have any rights at all.

Prosecutors cleared from bribery charges

Prosecutors cleared from bribery charges JAKARTA (JP): The Attorney General's Office has cleared six prosecutors of allegations that they accepted bribes from three businessmen who were acquitted of tax evasion charges by the Surabaya court in East Java. The prosecutors from the East Java high prosecutor's office and the Surabaya prosecutor's office, however, have been given a "medium degree of punishment" by holding their pay-increased for on year effective from June 7.

House questions operation of US-based Freeport

House questions operation of US-based Freeport JAKARTA (JP): Members of Commission X of the House of Representative (DPR) yesterday asked Irian Jaya's Governor J. Pattipi if PT Freeport Indonesia's operations in the province have benefited the local people.

Where to go in Jakarta:

Where to go in Jakarta: Music * 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 12:30 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.

Australia, RP to develop mine

Australia, RP to develop mine MANILA (AFP): The government has entered into a US$50 million agreement with Arimco Mining Corp. of Australia to develop a mine site in the northern Philippines, President Fidel Ramos said yesterday. He said the financial or technical assistance agreement (FTAA) with Arimco, owned and controlled by Climax Mining Ltd.

Madura proves love for cows

Madura proves love for cows PAMEKASAN, East Java: Eighty percent of poor villagers on the island of Madura who are eligible for a government aid program say they want to use the money to buy cows. The government has identified villages in four districts in Madura -- Bangkalan, Sampang, Sumenep and Pamekasan -- as deserving of aid for impoverished villages.

New telephone cards

New telephone cards JAKARTA (JP): The government will soon introduce validated telephone cards to replace the current ones which turned out to have been falsified. Director General of Post and Telecommunication Purawidjaja told reporters yesterday that the present phone cards will be replaced gradually during the next three to five years.