Indonesian Political, Business & Finance News

Archive: 28 June 1994

59 articles found

Australian press freedom guaranteed by common laws

Australian press freedom guaranteed by common laws JAKARTA (JP): "How does the Australian government control the press? Does it harness the media to keep its good relations with Indonesia? How do Australians perceive press freedom?" Such were questions hurled at David Flint, chairman of the Sydney-based Australian Press Council, who addressed a seminar at the Dr. Soetomo Journalism Institute yesterday.

Sudomo testifies against Tansil in Bapindo trial

Sudomo testifies against Tansil in Bapindo trial JAKARTA (JP): Former powerful minister Sudomo made a surprise court appearance yesterday to testify in the ongoing trial of the huge corruption case at the government-owned Bank Pembangunan Indonesia (Bapindo). Sudomo, currently the chairman of the Supreme Advisory Board, has been repeatedly mentioned in earlier testimony as the person who wrote a reference letter to support Eddy Tansil, the chief defendant, in applying for loans from Bapindo.

Djarum Super Jamz Jazz Tour brings real jazz to music lover

Djarum Super Jamz Jazz Tour brings real jazz to music lover By Sean Cole JAKARTA (JP): There is nothing like jazz. Unlike many of its sister music styles, jazz returns music to its stature as a true art form -- equal to great literature, dance, theater, sculpture, etc. -- a method of total expression, an attempt to capture the essence of living.

California, here we come

California, here we come MATARAM, West Nusa Tenggara: The government has appointed West Nusa Tenggara along with six other provinces to represent Indonesia at the next Tournament of Roses in Pasadena, California. Mrs. Bustanil Arifin, the chairperson of the Bunga Nusantara Foundation which organizes Indonesia's participation, recently visited Pasadena along with Raul and Charles Janal, two American float designers, the Antara news agency reported. The annual flower festival is held in January.

PDI elects Bali chief

PDI elects Bali chief DENPASAR, Bali: The Bali chapter of the Indonesian Democratic Party (PDI) has appointed Ida Bagus Putu Wesnawa as its new chief. Wesnawa was picked on Sunday as an alternative candidate in the absence of a consensus at the regional congress. The congress initially hoped to elect either the incumbent Adi Suedandi or his challenger Oka Ratmadi.

Bakrie announces acquisition plan

Bakrie announces acquisition plan JAKARTA (JP): PT Bakrie & Brothers (B&B) said yesterday it will acquire several companies included in its core businesses and procure new equipment for business diversification. Bakrie & Brothers is a holding company with three core businesses -- telecommunications, infrastructure facility manufacturing and plantations.

A transmigrant success story

A transmigrant success story JAKARTA (JP): A former bus conductor from Jakarta who transmigrated to Bengkulu, Sumatra eight years ago revealed here yesterday that as a result of his hard work he is now earning a net income of Rp 7 million (US$3,245) a year. "I was interested in transmigrating after watching on television the positive aspects it could offer," said 32-year-old Anton Muhyidin.

Singapore and India set up business group

Singapore and India set up business group SINGAPORE (AFP): Singapore and India have set up a high-level private sector steering committee to further strengthen business link between the two countries, a government statement said. The statement released late Sunday said government backbencher Davinder Singh would head the India Business Interaction Group Steering Committee, whose members include captains of the industries. The informal India Business Interaction Group was set up last year.

Stronger peso may dampen RP's economic recovery

Stronger peso may dampen RP's economic recovery By Martin Abbugao MANILA (AFP): A surging Philippine peso against the US dollar has eaten into the corporate earnings of blue-chip firms, battered exports and could dampen Manila's economic recovery if the brakes are not applied, analysts said.

Malaysia scolds U.S. for refusing EAEC

Malaysia scolds U.S. for refusing EAEC KUALA LUMPUR (AFP): Washington was lambasted yesterday by Kuala Lumpur for rejecting the East Asian Economic Caucus even before listening to the views of East Asian nations. Malaysian Foreign Minister Abdulah Ahmad said the Association of Southeast Asian Nations (ASEAN), which had endorsed the Kuala Lumpur-initiative, would meet East Asian countries soon on the EAEC's formation.

Soeharto okays plan to hire Portuguese pilots

Soeharto okays plan to hire Portuguese pilots JAKARTA (JP): Indonesia is ready to recruit Portuguese pilots to help supplement a shortage at home although the two countries have no diplomatic relations which were broken in 1976 over the question of East Timor. President Soeharto yesterday agreed to the proposal to hire the Portuguese pilots when it was discussed by Xavier Lopez da Cruz, a senior East Timorese politician, during a meeting at the Bina Graha presidential office.

Squatters of Sumur Batu ask for land compensation

Squatters of Sumur Batu ask for land compensation JAKARTA (JP): Squatters living in the Sumur Batu district in Central Jakarta protested to the city council yesterday over the mayoralty's decision not to pay any compensation for the appropriation of their land. Victor Silaen, who acted as spokesman for 22 families living on the 800-square-meter plot on Jl. Suprapto, Sumur Batu district, said the mayoralty plans to build a park on the land.

Rendra arrested as protests turn into scuffles

Rendra arrested as protests turn into scuffles JAKARTA (JP): Vocal poet W.S. Rendra and scores of activists were arrested yesterday as police and the military clamped down on two separate demonstrations, both opposing the government ban on Tempo, DeTIK and Editor news magazines. The first group -- comprising about 300 students, journalists and activists -- was stopped by police at the end of Jl.

KL market plays guessing game about elections

KL market plays guessing game about elections By Bill Tarrant KUALA LUMPUR (Reuter): Malaysia's rumor-driven stock market has been in a lather about national elections even though they're not due for more than a year and the outcome is hardly in doubt. Prime Minister Mahathir Mohamad's National Front coalition is expected to win the polls, not due until October, 1995, as it has in every previous election since Malaysia became independent of Britain in 1957.

KL futures trading faces hurdles

KL futures trading faces hurdles KUALA LUMPUR (AFP): Malaysia's sole commodity exchange is still battling to convince the government it is ready to start trade in financial futures despite being allowed two years ago to compete with a private outfit in the same business.

Goenawan Mohamad spells out terms for return of `Tempo'

Goenawan Mohamad spells out terms for return of `Tempo' JAKARTA (JP): Goenawan Mohamad says he will consider the government's offer to issue a new license in place of the one for Tempo which was revoked last week, but stressed that the new magazine must not be subject to any kind of official restrictions. Goenawan, the magazine's director and former chief editor, told The Jakarta Post yesterday there is always a chance of Tempo getting a new publishing license in the future.

Defendants deny being drunk during Tampubolon murder

Defendants deny being drunk during Tampubolon murder JAKARTA (JP): The four alleged killers of T.M.F. Tampubolon admitted before the East Jakarta District Court yesterday that they drank some alcoholic beverages before attacking the army general, but they were not drunk. Tampubolon, who was in civilian clothes, passing the Cipinang area in East Jakarta on April 5, was stabbed to death by one of the defendants after a brief quarrel. He died one hour later in an East Jakarta hospital.

Slum families to be moved to apartments

Slum families to be moved to apartments The South Jakarta mayoralty is planning to move some 7,000 families currently living in slum areas at three subdistricts to apartment complexes. South Jakarta mayor H Pardjoko explained here recently that slum areas in the Manggarai, Bukit Duri and Pela Mampang subdistricts will be demolished and the people living there will be moved to healthier surroundings in apartments.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to close lower on the Jakarta Stock Exchange (JSX) yesterday after the broad-based Composite Index, lost dozens of points along the week. The JSX index which lost 2.08 points to close at 468.87 on Friday weakened further to finish at 464.38 yesterday. The narrower-based GTDBS-50 Index, in the meantime, also sank to end at 111.08, from 112.10 previously.

Ramos explains Timor ban to Soares

Ramos explains Timor ban to Soares MANILA (AFP): Philippine President Fidel Ramos has written to Portuguese President Mario Soares to explain his actions in banning Portuguese and other foreign delegates from a recent human rights conference here on East Timor, an official statement said yesterday. "It is truly unfortunate that the events just transpired may have caused you some apprehension due to the actions taken by my government," Ramos said in the letter released to the press here.

Govt to suspend idle travel agencies

Govt to suspend idle travel agencies JAKARTA (JP): The government will intensify the supervision of travel agencies and will shut down those that are not active or performing poorly, an official said. "The Ministry of Tourism, Post and Telecommunications ruled in January 1993 that every travel agency or tour operator, including its branches, must report its operations every six months," deputy director general of tourism Azhari Abdullah told reporters here yesterday.

Volunteers ready to oversee aid

Volunteers ready to oversee aid JAKARTA: Some 221 people have passed a crash course to work as volunteers to help the government oversee the distribution of official aid for least developed villages across Indonesia. The volunteers, all university graduates, are former recipients of scholarships from the Super Semar Foundation which is headed by President Soeharto. They were trained at the education and training center of Kopassus, the Army's elite force, in Cimahi, West Sumatra.

Issues that invite risks

Issues that invite risks According to President Soeharto, in carrying out nation building we inevitably have to face challenges and obstructions both from within and without. One potential negative situation has been caused by the economic globalization and penetration of foreign culture with the support of its sophisticated technology and information systems. Technological advancements have made the planet shrink.

Ulemas move to preserve unity in NU and PPP

Ulemas move to preserve unity in NU and PPP By Santi WE Soekanto REMBANG, Central Java (JP): Eighty influential leaders from the Nahdlatul Ulama (NU) decided against formally naming candidates for the upcoming election of the United Development Party (PPP). Despite their initial inclination, the ulemas who met here on Sunday until the early hours of yesterday morning agreed not to give official endorsements for one of the three strongest candidates, in order to stop deepening rifts within NU.

Li Peng seeking limelight from European trip

Li Peng seeking limelight from European trip By Philippe Massonnet BEIJING (AFP): Prime Minister Li Peng will be looking to reinforce China's economic miracle and win back control of the country's foreign policy when he goes to Europe this week. Li starts the two-week tour when he heads for Austria on Tuesday. From there he will go on to Germany for a week and then on to China's former main European ally, Rumania.

New action will strengthen small business development

New action will strengthen small business development JAKARTA (JP): The new package of reform measures launched yesterday included new steps to bolster the development of small businesses through the allocation of more money from state-owned companies.

Injured Fernandez ends Yayuk's run at Wimbledon

Injured Fernandez ends Yayuk's run at Wimbledon WIMBLEDON, England (Agencies): Indonesian tennis queen Yayuk Basuki failed in her bid to become the first Asian to reach the semifinal of the 117-year-old Wimbledon tournament after falling 4-6, 1-6 to an injured American Gigi Fernandez in the fourth round yesterday. This means that the 23-year-old Yayuk failed for the third year in a row to advance past the final 16 here.

Three injured in port project clash

Three injured in port project clash MANILA (AFP): At least three people were injured yesterday as squatters fought a demolition crew assigned to remove them from a Japanese-funded 1.5 billion-peso (US$56 million) Philippines port project, police said. Improvised arrows, stones and bottles forced back the wrecking crew from the site in Batangas City. The authorities are now conducting negotiations with the protest leaders, senior police officer Felicisimo Delgado told AFP by telephone.

Environmentally friendly technology graining ground

Environmentally friendly technology graining ground By Harlow G. Russell JAKARTA (JP): When most people think or read about environmentally friendly technology, they usually have a "picture" in their head of large, expensive, "high tech" waste water treatment plants. Sometimes costing billions of rupiah, the kind of technology is used to fix the problem once it has been created, treating water after it has been polluted.

Hundreds of workers demand better wages

Hundreds of workers demand better wages JAKARTA (JP): Around 300 employees of a garment factory in the Pulogadung industrial zone in East Jakarta staged a protest in front of the Ministry of Manpower here yesterday to demand better wages and working conditions. The striking workers, mostly women, said they staged the rally to inform Minister of Manpower Abdul Latief of the poor working conditions at the factory, PT Arrego, and to push its management to respect the workers' rights.

Police chief found shot dead

Police chief found shot dead SUBANG, West Java: First Lt. Kasdari, chief of Jalancagak city police precinct in Subang regency, was found dead with a massive head wound in his office on Saturday. He was believed to have shot himself in the head, the Antara news agency said, quoting police in Purwakarta. He was found by one of his staff who had earlier thought the chief was sleeping on his desk.

Govt eases regulation on imports

Govt eases regulation on imports JAKARTA (JP): The government yesterday announced a new package of deregulation measures to streamline the economy by liberalizing the import sector in what it said is an "anticipation of post-Uruguay Round development in world trade". The new measures cut down import duties on 739 kinds of goods, removed non-tariff barriers from 27 commodities and lifted surcharges from 108 other import items.

Local crossers to face international challenge

Local crossers to face international challenge JAKARTA (JP): National crossers will face the arduous challenge of beating 10 world rated riders at the international motocross championships slated for July 9 and 10 in Surabaya, East Java.

Suspected burglar shot dead

Suspected burglar shot dead An alleged burglar was shot to death by East Jakarta police after he attempted to escape while accompanying the officers to find his two accomplices on Jl. Cipinang Muara II over the weekend. Asmuni, 35, whose body was laden with tattoos, was shot in the head, leg and back while his hands were still handcuffed, police said. The police claimed that they were forced to fire at the suspect after he failed to heed their warning shots. He died instantly.

Russia wins world junior powerlifting meet

Russia wins world junior powerlifting meet JAKARTA (JP): Russian musclewomen swept seven gold medals in the final day of the world junior powerlifting meet at Nusa Dua, Bali on Sunday to help their team take the overall championship title.

4,145 telephones for Tangerang

4,145 telephones for Tangerang Starting on July 5, 1994, the state-owned telecommunications company, PT Telkom, will provide 4,145 new telephone lines for Tangerang, thanks to the completion of the first of three automated telephone stations (STO) in the area. The construction of the STO is being jointly carried out by PT Telkom and Konsorsium Telekomindo Intertel (KTI), which, as an investor, has supplied the funds for the establishment of 125,000 telephone lines in Jakarta and Tangerang.

Research fund finds few takers

Research fund finds few takers JAKARTA (JP): The government has allocated a total of Rp 550 billion for scientific research over the next five years, but barely a fifth of the amount has been committed. Pratiwi Sudharmono, a senior microbiologist of the University of Indonesia, blamed this on the lack of quality research proposals.

Astra donates to victims

Astra donates to victims JAKARTA (JP): The Astra Group donated yesterday Rp 500 million (US$231,000) in cash to the victims of tidal waves which hit East Java, notably the Banyuwangi coastal areas, early this month. The donation, collected from PT Toyota Astra Motor, PT Astra Daihatsu Motor, PT United Tractors,, PT Federal Motor and the Astra Financial Services and Infrastructures, was presented by Mrs. A.R. Ramly, the wife of the Astra Group's Chairman, to East Java's Governor Moh.

Spratly Islands

Spratly Islands If the reported agreement between China and the Philippines for the "common exploration and development" of the disputed Spratly Islands solidifies, it could have positive implications for China's relations with the rest of Asia. In fact, the agreement's significance lies more in the example it might set -- especially for Vietnam, China's main rival over the mineral-rich string of atolls and islands commanding vital shipping lines -- than in its immediate physical application.

TV today

TV today TVRI 2:30 p.m. World Cup 1994: Bolivia vs Spain 4:30 Science Film: Best of Magic 5:00 Regional News 5:30 English Lessons 6:05 Parlementaria 6:15 Village Program 6:30 Economic Forum 7:00 Evening News 7:30 Pancasila Forum 8:05 Drama: Kabar Burung 9:00 World News 9:25 Journal of World Cup 1994 9:55 Music Program 11:00 Late News 11:25 World Cup 1994: Italy vs Mexico - live Program 2 4:30 p.m.

More paying counters needed

More paying counters needed From Sinar Pagi Bank Dagang Negara (BDN) on Jl. Juanda needs to make more counters available for consumers to pay their monthly telephone bills, so that they need not wait for hours to take care of their business. I came three times on three consecutive days only to find more and more people crowding the counter. The bank's officials had a difficult time serving all the people, and this made them lose their friendly attitude towards the impatient customers.

Thomas Cook, BA offer prizes

Thomas Cook, BA offer prizes JAKARTA (JP): Thomas Cook and British Airways have joined to offer travelers cheque users glamorous prizes in an Asia-wide grand draw. The prizes include business class return flights to London and what the sponsors call "VIP" treatment in the British capital as well as four return tickets to various cities in Asia.

Outstanding works by Spanish artists on display here

Outstanding works by Spanish artists on display here By Carla Bianpoen JAKARTA (JP): Amid the art exhibitions proliferating in the capital city today, the Spanish Modern Art Exhibit at the Lagoon Tower of the Jakarta Hilton International is in a class apart. Highlighting the significance of the visiting Catalonian Trade Mission, the display of 51 outstanding works of Spanish artists is meant to support Spanish-Indonesian relations. The display will continue through June 30.

Djajanti awaits minister's reference for share offering

Djajanti awaits minister's reference for share offering JAKARTA (JP): Minister of Forestry Djamaloedin Soeryohadikoesoemo reiterated yesterday that he has yet to issue a recommendation for PT Artika Optima Inti to go public. "I have been given additional reports on various aspects of their forest management," Djamaloedin told newsmen.

Victoria's trade office here

Victoria's trade office here MELBOURNE (Reuter): Victoria, Australia's second most populous state, said yesterday it has chosen Indonesia as the site for its newest trade office in Asia. The state will open the office in Jakarta as part of the Australia Today trade and cultural promotion in Indonesia, Victoria's Industry and Employment Minister Phil Gude said.

Thousands of families to lose homes to ring road project

Thousands of families to lose homes to ring road project JAKARTA (JP): Thousands of families in South Jakarta will lose their land this year for the development of another segment of Jl. TB Simatupang ring road, an official said yesterday. "The exact numbers are not available. But, we estimate there are thousands of people who will have their land appropriated for the project," M. Yanis, the spokesman for the South Jakarta mayoralty, told the Jakarta Post.

59-year-old man dies in the saddle

59-year-old man dies in the saddle JAKARTA (JP): A 59-year-old man died while having sex at a massage parlor in downtown Kota, West Jakarta, Sunday evening. Police identified the victim as Pradikto Suratno, who lived at Jl. Kebon Jeruk Baru Blok A VIII Number 38 in Kebun Jeruk subdistrict, also in West Jakarta. The girl who was with him to the very end has been identified as Wiwiek, 36. Police have questioned at least four witnesses, including Wiwiek.

Nepalese gets life imprisonment

Nepalese gets life imprisonment A former Nepalese police officer, Ramral Maharjan, was sentenced to life imprisonment by the Tangerang court on Saturday for smuggling heroin into the country. Judge Antonius Edwar Hartanto found the 38-year-old defendant guilty of illegally carrying 3.6 kilograms of heroin through Soekarno-Hatta airport last September. Based on evidence presented at the trial, Ramral was instructed to visit Jakarta, from Thailand, by a man named Ciring.

School contribution

School contribution From Kompas I was astonished to learn that to enroll a child in a government elementary school in Tangerang, West Java, the parents must pay a building contribution ranging from Rp 50,000 to Rp 100,000, as well as Rp 25,000 for school uniforms. Isn't this contradictory to the government's program to enforce nine-year compulsory education? Are parents obliged to pay a building contribution, although the school is owned by the state.

Public telephones

Public telephones From Jayakarta Public telephones are a crucial factor in the era of communication, even more so in the era of globalization. However, I would like to complain about the shortage of public telephones on our campus. Every day, from morning to evening, at the Indonesian Academy for Secretaries and Management, many people line up to use the public phones. There are only four, three of which are operated by Rp 100 coins and one by Rp 50.

Keating starts RI visit amid press ban fury

Keating starts RI visit amid press ban fury JAKARTA (JP): Australian Prime Minister Paul Keating arrived here yesterday for a three-day trip to lend support to an on- going huge Australian trade and cultural promotion program. In his third trip to Indonesia in two years, Keating is scheduled to meet with President Soeharto and other senior officials today before he opens the Australian expo tomorrow.

Barito Pacific triples capital to $1.38 billion

Barito Pacific triples capital to $1.38 billion JAKARTA (JP): PT Barito Pacific Timber (BPT), Indonesia's largest logging and plywood manufacturer, reported yesterday a sharp increase in its authorized capital to Rp 3 trillion (US$1.38 billion) from only Rp 850 billion.

RI Moslem experts debate human genetic engineering

RI Moslem experts debate human genetic engineering By Riyadi JAKARTA (JP): Should Indonesia apply genetic engineering technology to human beings? This question is haunting Indonesian Moslem scientists and a seminar on the subject here on Saturday ended inconclusively.

International kite festival held here

International kite festival held here JAKARTA (JP): Dozens of kite lovers, including those from overseas, will take part in the three-day International Kite Festival 1994 at Monas (National Monument) park in Central Jakarta beginning Friday. The festival, which will run from 10 a.m. to 5 p.m. daily, is scheduled to be opened by Governor Surjadi Soedirdja.

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.

Ford to invest in China projects

Ford to invest in China projects SHANGHAI (Reuter): Ford Motor Co has signed joint venture accords with two Shanghai companies to produce automotive components, moving it closer to its goal of vehicle assembly in China, company officials said. Ford will invest more than $50 million in the two projects, its first manufacturing ventures on the Chinese mainland.

Fire razes 200 kiosks

Fire razes 200 kiosks MAJALENGKA, West Java: Fire gutted about 200 kiosks at the Prapatan market here on Saturday, causing at least Rp 879 million in financial losses. The fire was believed to have been caused by an electrical short-circuit, the Antara news agency reported. Poor water supply in the area slowed the efforts of the fire brigade to extinguish the blaze. Besides the absence of a nearby river, many of the wells have dried up in the current dry season.

Fire guts Kramat Jati market

Fire guts Kramat Jati market More than 200 fruit and vegetable kiosks at the Kramat Jati central market in East Jakarta were reduced to ashes after a fire razed it early Saturday morning. At least 11 fire engines from the East Jakarta fire department were called in at 4:36 a.m. to put out the fire that police believe was caused by an exploding stove at one of the kiosks. The material loss has yet to be assessed, but is expected to reach hundreds of millions of rupiah.

Governor's instructions

Governor's instructions From Neraca When I visited a friend at a housing complex for the employees of the Jakarta Administration I learned with concern that almost 90 percent of the residents ignored the governor's instruction to hoist flags on June 21, 22 and 23, to mark Jakarta's anniversary. In fact, being civil servants of the Jakarta administration, they should have obeyed the governor's instruction. Surprisingly, the same thing occurred last year. ARDY APRILIANTO Bekasi, W. Java