Indonesian Political, Business & Finance News

Archive: 29 June 1994

51 articles found

Australians in motocross race

Australians in motocross race JAKARTA (JP): Australia's world-beating teenager Chad Reed and compatriot Craig Anderson will be making another trip to the international motocross championships in Banda Aceh on Saturday. The overseas riders are expected to pit their skills against 23 national leading crossers, including Jhony Pranata, the Tanujaya brothers of Frans and Pieter, and Satya Sunarso, at the race which will also serve as the fourth leg of the national motocross championships series.

Rioters face seven months

Rioters face seven months MEDAN, North Sumatra: Government prosecutors are demanding seven months imprisonment for three workers whom they accused of taking part in the destructive April riots. The prosecutors told the Medan District Court that the three workers were seen pelting the PT Ganda Sari Utama factory where they worked during a massive protest which escalated into a full scale riot.

Rain-making machine ready

Rain-making machine ready JAKARTA: The Ministry of Public Works is getting ready to make artificial rain to water areas hardest hit by the drought. Minister Radinal Moochtar said however that this step will only be used as a last resort and if conditions permit. "Bear in mind that it is not easy to create artificial rain," Radinal was quoted by the Antara news agency as saying. He cited wind strength and direction, climate and clouds as some of the main factors that should be considered.

Hotel Sahid reports profit decrease

Hotel Sahid reports profit decrease JAKARTA (JP): PT Hotel Sahid Jaya International, the owner of Sahid hotels in various provinces, reported yesterday a 29.17 percent decrease of its profit in 1993 due to increasing competition. The company's president, Sukamdani Sahid Gitosardjono, said in an annual and extraordinary meeting of the company's shareholders meeting here yesterday that the company's profit declined to Rp 6.82 billion (US$3.16 million) last year from Rp 9.63 billion in 1992.

Labor problems

Labor problems From Suara Pembaruan Workers' demonstrations are on the increase. A demonstration is always related to the problem of workers' survival, and as such it concerns the issue of the minimum wage. As a social group, the workers are responsible for the survival of their families and the society as a whole. They are fully aware that being employed they can take care of themselves and do not have to trouble other members of the society.

RI-Aussie venture operates

RI-Aussie venture operates JAKARTA (JP): Australian Prime Minister Paul Keating last night initiated the operation of an Indonesian-Australian joint venture, PT AMP Panin Life, which will offer various insurance services to middle and upper income clients. At a reception here last night, Keating unveiled the logo of the joint venture, which will operate with capital of A$100 million (about US$72.2 million). Last night's reception was attended Minister of Finance Mar'ie Muhammad.

Friendly nation

Friendly nation From Sinar Pagi President Soeharto said recently that the major challenges facing the country are human rights, openness, democracy and the environment. These issues can be used to create instability within the country, which serve to obstruct the national development and weaken our national resilience. As a lecturer of traditional law in the Indonesian Christian University, I would like to ponder the meaning and significance of the President's statement.

Household appliance producer to sell 18 million shares

Household appliance producer to sell 18 million shares JAKARTA (JP): PT Langgeng Makmur, a producer of household appliances, will offer 18 million shares or 30.51 percent of its total common stock to the public in August to raise Rp 70 billion (US$32.4 million) in fresh funds.

City told to boost self-financed transmigration plan

City told to boost self-financed transmigration plan JAKARTA (JP): Minister of Transmigration Siswono Yudohusodo has called on the municipal administration to promote the self- financed transmigration program due to budgetary constraints faced by the central government. The minister said that each year the government can afford to finance the relocation of only 2,380 families from Jakarta to transmigration sites outside of Java.

Workers' wages

Workers' wages Bomer Pasaribu of the All-Indonesia Workers Union (SPSI) says the condition of workers is still saddening, although there has been a slight increase of wages for manufacturing workers since 1991. The problem of wages in Indonesia is intertwined with the government's monetary policy and regulations on foreign investment. The issues have developed into a complex matter so that it is impossible to find a solution within a short time.

... readers, columnists, advertisers miss it

... readers, columnists, advertisers miss it JAKARTA (JP): A gloomy shadow fell over regular readers of Tempo weekly as the news magazine with the motto "easy to read and necessary" (enak dibaca dan perlu) received the "death penalty" from the government last week. "I am going to miss it. So far it has been the only news magazine worth reading ... I could go without reading the newspaper for a week and find the whole week's news covered in Tempo," said lawyer Leoni G.I. Silitonga.

Number of ship passengers up

Number of ship passengers up The head of Tanjung Priok harbor passenger terminal, Tukiman, said here yesterday that he expects an increase in the number of travelers passing through the harbor in the coming weeks due to the start of the school holidays. He said large numbers of people have gone through the terminal this past week.

KL denies favoritism

KL denies favoritism KUALA LUMPUR (AFP): The Malaysian government dismissed charges yesterday it practised favoritism in handing out contracts, saying any able group with good ideas and track record could win business from the state. "No group could pull strings with the government leadership to get projects," Deputy Premier Anwar Ibrahim declared amid claims by the opposition and frustrated quarters that nepotism dominated deals awarded by the ruling National Front.

Catcalls lead to murder

Catcalls lead to murder CIREBON, West Java: A woman was gored to death by a teenager after an argument that apparently started with catcalls. The 17-year-old boy is now on trial in the Sumber District Court on charges of premeditated murder, according to the Antara news agency. On that fateful day in March, Yanti, an employee of a cooperative, was passing a sugarcane plantation when she was whistled at and teased by a group of workers.

Follow-up deregulation aims at easing protectionism

Follow-up deregulation aims at easing protectionism The government announced Monday a new deregulation package on imports. While cautious about its implementation, economist Mari Pangestu argues that there are other means to achieve the objectives of the deregulation. JAKARTA (JP): The June 27 deregulation package appears to have two major objectives.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued weakening on the Jakarta Stock Exchange (JSX) yesterday with most issues loosing ground in heavy trading. The broad-based Composite Index ended 1.97 points lower at 462.41 from 464.38 on Monday, while the narrower-based GTDBS Index shrank to 110.54 from 111.08. Brokers at the JSX believed that the market would continue falling with the listing of several new issues and shares.

Good film?

Good film? I was dismayed to read in a letter to The Jakarta Post, Hypocrisy is stark (June 15, 1994), that a little group of your correspondents think that the absolutely appalling film The Piano is, and I quote, "intellectual and artistically strong film." They have to be joking! I am one of those who had the fortune to see this film, however, I don't consider it good fortune. No, I consider it waste of good money and more importantly, a waste of good time.

Police foil bank robbery in Tangerang

Police foil bank robbery in Tangerang TANGERANG (JP): Police, with the help of hundreds of local residents, nabbed three of four suspected bank burglars in Tangerang early yesterday morning. The men, who sustained severe wounds inflicted by the angry mob, are now being treated at Kramat Jati police hospital in East Jakarta, head of the Crime Investigation Unit of the Tangerang police precinct, First Lt. Guntur Setyanto, told reporters here.

RP's economy growing, security still a problem

RP's economy growing, security still a problem By Cecil Morella MANILA (AFP): Philippine President Fidel Ramos enters his third year in power with the economy showing signs of improvement, but security problems persist and kidnappings terrify the influential ethnic Chinese. The retired general came into office on June 30, 1992 with a seemingly improbable vow that the country would join the ranks of its neighbors' tiger economies by the year 2000. Most experts agree the results have been mixed.

Minister against change of family concept

Minister against change of family concept JAKARTA (JP): Minister of Population Haryono Suyono bristled at recent suggestions that the concept of "family" be extended to accommodate other types of relationships, including homosexuals. The suggestions were explicitly made by activists of non- governmental organizations (NGOs) and women's groups during the recent Second Asia-Pacific Ministerial Meeting on Women in Development here.

Magazine bans concern Keating

Magazine bans concern Keating JAKARTA (JP): Australian Prime Minister Paul Keating expressed his disappointment yesterday at Indonesia's ban of three magazines which he said is not consistent with the openness it is now vigorously pursuing. Keating told reporters after meeting with President Soeharto that he raised the issue of the magazine bans in the context of the opening up of Indonesia's economy.

DPR urged to intervene on new Salatiga rector

DPR urged to intervene on new Salatiga rector JAKARTA (JP): A group of students and staff lecturers from the Christian Satyawacana University in Salatiga, Central Java, called for House of Representatives to intervene in the college's dispute over the election of its rector. A 10-person delegation came to Jakarta yesterday urging the House to order the annulment of the recent appointment of John Ihalauw by the foundation which owns the university.

W. Australia to help set up RI maritime center

W. Australia to help set up RI maritime center JAKARTA (JP): Indonesia's first maritime training center, designed to train fishermen and upgrade their operations, will soon be built in Ambon, capital of Maluku, with the assistance of Western Australia government.

Putting business at ease

Putting business at ease The new package of deregulation measures announced the other day complements a previous package delivered earlier this month. While the previous one put emphasis -- and substantially so -- on the ways and means to encourage more foreign investments, this new package focuses more on the import sector, to strengthen existing industries to better compete on the domestic as well as international markets.

NU chief says no candidate for PPP chairmanship

NU chief says no candidate for PPP chairmanship JAKARTA (JP): Chairman of the Nahdlatul Ulama (NU) Abdurrahman Wahid cold-shouldered the recent bustle over the organization's candidacy for the coming election of the United Development Party (PPP). "The executive board (of NU) won't bother itself with naming candidates for the PPP chairmanship," the prominent scholar told the press in Semarang yesterday.

Palm oil prices steady

Palm oil prices steady LONDON (Reuter): Palm oil prices rallied during the morning on the Europe vegetable oil market yesterday, but activity was minimal, dealers said. News that Indonesia had reduced import duty to zero percent on coconut and palm oil was partly behind the rally, but traders said most of the gains were a correction after Monday's falls. "Prices fell too fast yesterday, so there was only one way they could go this morning," said a trader.

TV Today

TV Today TVRI 2:30 p.m. World Cup 1994: Brazil vs Sweden 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Pelangi 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Beautiful Asia 8:05 Humoria 9:00 World News 9:25 Journal of World Cup 1994 9:55 Jazz 11:00 Late News 11:10 World Cup 1994: Morocco vs Holland, live Program 2 4:30 p.m.

Yellow pages

Yellow pages From Neraca It has been a longstanding practice for PT Telkom to distribute the yellow page telephone books to the customers free of charge. But now the company seems to be short of copies of the telephone book so that I have had difficulty obtaining the 1994 copy. I went to the place where I pay my monthly telephone bill only to be told that they ran out of stock. I suggest that the company look into the matter in the future, and provide customers with better service. E.

Women's driver to defend title

Women's driver to defend title JAKARTA (JP): Women's racer Yattie Pirngadie will try to stay on the winning track in the second leg of the national sprint rally championships at Bumi Serpong Damai, Tangerang, West Java on July 10. Point leader Yattie, who was included among the top 25 of the 400-kilometer Rally of Indonesia in Medan recently, is pitted against 92 racers who will make waves on two special stages covering a stretch of 12.9 kilometers.

Kamal residents want access road

Kamal residents want access road JAKARTA (JP): The people of Kamal subdistrict in West Jakarta have urged the city administration to provide them with access to the main road to end their area's isolation since the completion of the airport toll road in April 1985. Representatives of the residents asked West Jakarta Mayor Sutardjianto on Monday to build a flyover across Prof. Sedyatmo toll road, which links the city and Soekarno-Hatta International Airport, and divides the subdistrict.

Traditional arts lure visitors to Jakarta Fair

Traditional arts lure visitors to Jakarta Fair By M. Arief Suditomo JAKARTA (JP): The charm of the traditional arts displayed at the 23 provincial pavilions at the 1994 Jakarta Fair are drawing as many visitors as ever before. At the weekend, the West Sumatra pavilion captivated the people drooping by with a display of glittering embroidery on velvet wedding gowns, traditional silk songket sarongs and ceramics.

Change in traffic flow in Benhil

Change in traffic flow in Benhil Traffic flow on Jl. Bendungan Hilir (Benhil), Central Jakarta, will experience changes for three months because of the installation of a sewer system, an official said yesterday. Soesila Darmoadji, spokesman for City Hall, said the new sewarage pipe network will be installed in front of the Bendungan Hilir marketplace near the junction of Jl. Sudirman and Jl. Bendungan Hilir. No vehicles, except motorcycles, are permitted to turn left from Jl. Sudirman onto Jl.

TV hero McGyver ousting parents as role model

TV hero McGyver ousting parents as role model JAKARTA (JP): An expert on mass communication warns that American TV hero McGyver is slowly taking over the role that should be played by Indonesian parents in instilling values to their children. Alwi Dahlan said between 50 to 60 million Indonesian children are becoming what is called the "TV Generation" since they learn their values from television rather than from their parents.

Foreign firms seek participation in IPTN facility in U.S.: Habibie

Foreign firms seek participation in IPTN facility in U.S.: Habibie JAKARTA (JP): State Minister for Research and Technology B.J. Habibie announced here yesterday that at least three foreign companies have proposed to participate in the PT Industri Pesawat Terbang Nusantara's (IPTN) planned production facility in the United States.

Analysts welcome the government's new reforms

Analysts welcome the government's new reforms JAKARTA (JP): Economic analysts and industrialists have welcomed the government's new deregulatory measures although many of them doubt the effectiveness of the new move, intended to prod the development of domestic industries.

Marines ready to guard Jakarta

Marines ready to guard Jakarta The commander of Indonesia's western naval fleet, Vice Admiral Arief Kushariadi, on Monday inspected an anti-riot battalion from the second marines infantry brigade, saying that it is ready to be put under the command of the Jakarta Regional Military Command (Kodam Jaya) in case of emergency.

Concern about PPP

Concern about PPP From Merdeka I am deeply concerned about the condition of PPP (United Development Party). If we examine the roles of the Moslems since the beginning of the Indonesian struggle for independence we will notice that the roles experienced ups and downs. The Moslems played an important role in every crisis that took place in this country, be it social, economic or political in nature. But after the crisis was over the role faded away, and other groups benefited from the situation.

Ciputra Development to expand business into apartments

Ciputra Development to expand business into apartments JAKARTA (JP): PT Ciputra Development, a real estate developer listed on the Jakarta and Surabaya stock exchanges, will construct apartments, a housing complex and hotels this year with funds retained from its earnings.

16 hospitalized in fresh Bogor diarrhea outbreak

16 hospitalized in fresh Bogor diarrhea outbreak JAKARTA (JP): At least 16 people are being treated at the Bogor Red Cross public hospital following the outbreak of a disease causing severe diarrhea in the regency. According to hospital staff, apart from Bogor town residents the victims treated over the past two days come from several districts surrounding the town which is 60 kilometers south of Jakarta.

`Business prospects boom in Indonesia -- for now'

`Business prospects boom in Indonesia -- for now' By Jack Taylor SYDNEY (AFP): Australia should move quickly to capitalize on Indonesia's burgeoning economy which is creating new opportunities for foreign companies, according to a government report released here yesterday.

125 netted in ID inspection

125 netted in ID inspection At least 125 people found to be traveling without identification cards (KTP) were apprehended by the Central Jakarta population office team on Monday. The citizenship inspection took place in the afternoon along Jl. Percetakan Negara, Central Jakarta, checking motorists and people riding public transportation for proper identification.

RI to launch its second ambitious population scheme

RI to launch its second ambitious population scheme By Santi WE Soekanto In conjunction with National Family Day which falls today, President Soeharto is scheduled to launch the second phase of the 25-year-old National Family Planning Program. The Jakarta Post examined this development and interviewed the Program's architect, Minister of Population Haryono Suyono. The minister also commented on demands to review traditional family concepts on the basis of human rights.

Aussie, RI families face common problems

Aussie, RI families face common problems JAKARTA (JP): Despite cultural differences, both Australian and Indonesian families face similar problems and need the same protection, a seminar concluded. Dr. Renate Howe of the Deakin University in Victoria, with Dr. T.O. Ichromi and Dr. Saparinah Sadli of the University of Indonesia (UI) discussed yesterday the impact of societal changes on the make up of family life in both countries. The discussion was held by UI's Australian Studies Program.

Press protesters warned to stay off the streets

Press protesters warned to stay off the streets JAKARTA (JP): Police yesterday vowed to crack down hard on new street demonstrations as the nation took a respite following days of protests and counter protests over the government's ban against three news weeklies. "We'll stop them again the same way," Jakarta Police Chief Maj. Gen. Moch.

Muhammadiyah leader Azhar Basyir dead at 66

Muhammadiyah leader Azhar Basyir dead at 66 Ahmad Azhar Basyir, chairman of Muhammadiyah, one of Indonesia's leading Islamic organizations, died yesterday at the age of 66 in Yogyakarta. He died at Dr. Sardjito general hospital in the early hours from "multi-organ complication after suffering from diabetes and intestinal inflammation," the Antara news agency reported quoting a Muhammadiyah announcement. The statement was signed by deputy chairman Dr. Amien Rais and Secretary Dr.

Swan song of `Tempo' the pioneer ...

Swan song of `Tempo' the pioneer ... By Prapti Widinugraheni JAKARTA (JP): The entry for Tempo in the 1991 edition of Ensiklopedi Nasional Indonesia describes it as "the largest- circulating magazine in the history of the Indonesian press." Although its circulation of 200,000 was since surpassed by the tabloid DeTIK, Tempo was one of the rare success stories of the Indonesian press, both financially and editorially. The magazine's inaugural March 6, 1971 edition sold 10,000 copies.

Garuda raises Japan flights

Garuda raises Japan flights JAKARTA (JP): Garuda Indonesia will increase its service to Japan by operating an MD-11 aircraft to Osaka three times a week starting on Sep. 4, a spokesman for the national flag carrier said here yesterday. The carrier currently serves three major cities in Japan, including Tokyo (seven times a week), Nagoya (five times a week) and Fukuoka (three times a week).

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.

Jambi paper about to close

Jambi paper about to close JAMBI, Jambi: A local daily newspaper may lose its publishing license because of its management's failure to find an interested investor to pump in more money. The Independent has not published for some time now because of internal disputes and financial difficulties and the Jambi Information Office has given two possible alternatives: revoke the license or turn it into its original form as a weekly paper, the Antara news agency reported.

Three designers to go to Japan

Three designers to go to Japan Three designers have been chosen by the first National Fashion Contest as finalists to represent Indonesia at the Asian Fashion Grand Prix Contest '94 in Osaka, Japan this October. The three are Arifah Mas, Etty Bachetta and Thomas Yogi Soegyono. The nine-person jury, headed by designer Peter Sie, announced at Hotel Indonesia yesterday that the three were chosen among the 19 semifinalists taking part in the contest.

Bangladeshi gets 20 years for drug trafficking in Bali

Bangladeshi gets 20 years for drug trafficking in Bali JAKARTA (JP): A citizen of Bangladesh has been sentenced to 20 years imprisonment by a court in Bali for attempting to smuggle 3.3 kilograms of heroin into the holiday island. Denpasar Court, finding Abdul Kalam guilty, also fined him Rp 10 million (US$4,600), the Antara news agency reported. The prosecution had earlier demanded life imprisonment.