Archive: 3 June 1994
46 articles found
Fri, 03 Jun 1994, 00:00 WIB
Govvernment to reduce its borrowing in yen
Govvernment to reduce its borrowing in yen JAKARTA (JP): The government will reduce the portion of foreign aid in yen to lower the risks caused by fluctuations on the foreign exchange market, an official says. "It is imperative for the government to curb its borrowing, especially in Japanese yen because the currency has been appreciating against other major currencies, including the U.S. dollar," Bank Indonesia's director for foreign exchange affairs, Paul Sutopo said yesterday.
Fri, 03 Jun 1994, 00:00 WIB
Sumalindo more than doubles net profits
Sumalindo more than doubles net profits JAKARTA (JP): PT Sumalindo Lestari Jaya, the timber unit of the Astra group, more than doubled its net profits to Rp 36.09 billion (US$16.75 million) last year and increased its earnings per share by 98.5 percent to Rp 687, the company reported at its shareholders meeting yesterday.
Fri, 03 Jun 1994, 00:00 WIB
Be selective in buying new house, Wardiman says
Be selective in buying new house, Wardiman says JAKARTA (JP): Minister of Culture and Education Wardiman Djojonegoro said yesterday that people should be selective before buying new houses offered by developers. "First of all, check whether there are adequate public facilities like school buildings in a housing complex before you decide to buy a house. Don't be lured by the glossy advertisements placed by the developers," Wardiman said.
Fri, 03 Jun 1994, 00:00 WIB
Share prices on Jakarta Stock Exchange
Share prices on Jakarta Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX), which eroded by 17 points in the first three days of the week, continued declining yesterday. The broad-based Composite Index fell six points to 487.10 yesterday from 494.32 on Wednesday. The narrow-based GTDBS-50 Index declined to 116.38 from 118.10.
Fri, 03 Jun 1994, 00:00 WIB
Faldo, Frost, Singh to play in Asian Masters
Faldo, Frost, Singh to play in Asian Masters JAKARTA (JP): Golf world beaters David Frost of South Africa, Vijay Singh of Fiji and Nick Faldo of Britain will try to tame the plush Bali Golf and Country Club when they play in the US$345,000 Asian Masters in November. The par-72 layout at the Nusa Dua tourist resort was the host of the 1993 Sampoerna Indonesia Open, a stop on the 10 leg Asian Tour made throughout the Asia-Pacific region.
Fri, 03 Jun 1994, 00:00 WIB
Northern Yemen attacks Aden after UN cease-fire order
Northern Yemen attacks Aden after UN cease-fire order ADEN (Reuter): A northern Yemeni missile attack killed or wounded about 20 people, including worshipers at dawn prayers, in the secessionist stronghold Aden yesterday just hours after the United Nations called for a cease-fire, security and hospital sources said.
Fri, 03 Jun 1994, 00:00 WIB
2,000 delegates expected for 1994 fair
2,000 delegates expected for 1994 fair JAKARTA (JP): Governor Surjadi Soedirdja yesterday said he expected 2,000 delegates from local and foreign companies to participate in the Jakarta trade fair from June 18 to July 16. "Last year only 1,912 people took part," Surjadi recalled.
Fri, 03 Jun 1994, 00:00 WIB
College seeks reconciliation
College seeks reconciliation SALATIGA, Central Java: The Christian Satyawacana University has formed a team to explore ways of bringing about reconciliation among its divided campus, split by the election of a new rector last year. The team is comprised of representatives from the various parties to the conflict, including the foundation that owns the university, the administrators and the students.
Fri, 03 Jun 1994, 00:00 WIB
Judaism feared to be lurking in heart of charity
Judaism feared to be lurking in heart of charity By Riyadi JAKARTA (JP): The Rotary and Lions Clubs of Indonesia, two organizations that have been active in charity and social work, are strongly denying recent suggestions that there are Zionist influences within their organizations. Executives from both clubs quickly denied and pointed out the many good works carried out by their members, saying such suggestions are preposterous. "Zionism? They linked Rotary with Zionism?
Fri, 03 Jun 1994, 00:00 WIB
Standard & Poor's defends appraisal of local banks
Standard & Poor's defends appraisal of local banks JAKARTA (JP): A spokesman for Standard & Poor's, an American rating company which has been criticized for its recent appraisal on the Indonesian banking industry, defended its conclusions, yesterday, saying that the valuation was made under standardized procedures. "The procedures are correct. We conducted extensive discussions with all the banks concerned, including the central bank (Bank Indonesia), for our studies," Jeffrey R.
Fri, 03 Jun 1994, 00:00 WIB
Activists send video tape to East Timor conference
Activists send video tape to East Timor conference JAKARTA (JP): Scholar George Aditjondro and human rights campaigner H.J.C. Princen have decided to stay away from the controversial conference on East Timor in Manila, but their views will still be expressed at the forum. George and Princen, who were invited to address the conference, abandoned their travel plans after the Philippine government barred foreign participants from taking part.
Fri, 03 Jun 1994, 00:00 WIB
RI swimmers prepare for Hiroshima
RI swimmers prepare for Hiroshima JAKARTA (JP): Indonesian swimmers are making preparations for the 12th Asian Games in Hiroshima with a one-month stint in the United States. The national squad, made up of six male and five female swimmers, will undergo their training sessions at the Mike Dickson swimming club in Ontario, California. They will avail themselves of several competitions there to test them for the Games.
Fri, 03 Jun 1994, 00:00 WIB
Forest revenues expected to triple in next five years
Forest revenues expected to triple in next five years JAKARTA (JP): The Ministry of Forestry hopes to collect Rp 3.8 trillion (US$1.79 billion) in forest royalties and Rp 1.7 trillion in reforestation funds in the coming five years.
Fri, 03 Jun 1994, 00:00 WIB
AC Milan promises to perform full-force against Persib
AC Milan promises to perform full-force against Persib JAKARTA (JP): Forget the impossible dream of beating AC Milan, but a goal scored by national amateur intercity soccer champion Persib Bandung in its international friendly match against the European champion tomorrow will worth Rp 3 million (US$1,400).
Fri, 03 Jun 1994, 00:00 WIB
U.S. wants help to combat drug trade
U.S. wants help to combat drug trade KUALA LUMPUR (AFP): A top U.S. narcotics official yesterday sought greater cooperation in intelligence-sharing from Southeast Asian nations to combat the burgeoning drug trade. "The U.S. experience in dealing with drug traffickers from Latin America showed that information exchange was helpful in checking drug trafficking," Lee Brown, chief adviser on narcotics matters to President Bill Clinton said.
Fri, 03 Jun 1994, 00:00 WIB
Playing by the rules
Playing by the rules Skirmishes broke out between student protesters and security troops in Bandung on Wednesday, only days after West Java military authorities issued an official ban on demonstrations. Similar cases of student defiance have occurred with considerable regularity in the past, so there seems to be no reason for worry or surprise.
Fri, 03 Jun 1994, 00:00 WIB
No training for RI troops on security
No training for RI troops on security CANBERRA (AFP): The Australian government yesterday gave details of training given to Indonesian special forces but denied they were trained for counter-insurgency or internal security roles. It said in a report that cooperation between the two countries' elite troops focussed on "war-fighting skills".
Fri, 03 Jun 1994, 00:00 WIB
PT Inalum faces financial crisis due to slump in aluminum price
PT Inalum faces financial crisis due to slump in aluminum price MEDAN, North Sumatra (JP): Steady declines in prices and production, and increases in operational spending have thrown PT Indonesia Asahan Aluminum (PT Inalum), a aluminum-smelting joint venture between Indonesia and Japan, into financial crisis. "We are now suffering from difficult financial circumstances, due largely to depressed aluminum prices on the international market and heavy financial burdens," the company's president, T.
Fri, 03 Jun 1994, 00:00 WIB
Landslides bury four villagers
Landslides bury four villagers BANDA ACEH, Aceh: A man and his wife and their two children were killed when their hillside home was buried by a landslide in Badar, Southeast Aceh. Another son is still missing and a daughter survived the ordeal after rescue workers dug her out of the mud, the Antara news agency reported. The incident happened on Sunday night after a hard rainfall. (emb)
Fri, 03 Jun 1994, 00:00 WIB
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 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.
Fri, 03 Jun 1994, 00:00 WIB
Indonesian aviation industry in dire needs of skilled workers
Indonesian aviation industry in dire needs of skilled workers JAKARTA (JP): Indonesia will likely fail to provide the additional 15,000 skilled personnel demanded by its own civil aviation industry in the newly begun Sixth Five Year Development Plan (Repelita VI) period, an official says. The secretary of the Directorate General of Air Transportation of the Ministry of Transportation, T.H.
Fri, 03 Jun 1994, 00:00 WIB
Phone application deadline extended
Phone application deadline extended The Jakarta Office of the State-owned Telecommunications Company (PT Telkom Witel IV) has extended the deadline for registering new telephone applicants to June 15. According to office manager Djaman Sinaga, the extension is to accommodate the favorable public response to the Telkom plan to install new telephone lines in the Witel IV region which includes Jakarta, Tangerang, Bekasi and Cibinong area.
Fri, 03 Jun 1994, 00:00 WIB
Museum set to revive chewing betel habit
Museum set to revive chewing betel habit JAKARTA (JP): The National Museum has launched a campaign to preserve, or even revive, one of the nation's favorite pastimes that has now become almost a dying art -- chewing betel. The museum is sponsoring various exhibitions across Indonesia presenting the wares that were traditionally used to prepare the leaves, including gold-plated bowls used to spit on. It began in Palu, the capital of Central Sulawesi, this week, the Antara news agency reported.
Fri, 03 Jun 1994, 00:00 WIB
TV today
TV today TVRI 2:30 p.m Cartoon: I'm Telling 3:05 Langka & Unik 3:30 Science Film: Zero One Magazine 4:00 Student Quiz 4:30 TV Series: Ibn Taimiyah 5:00 Regional News 5:30 Harmony in Life 6:05 Nusantara the Beloved Country: West Sumatra 6:15 Village Program 6:45 Giant Aquarium 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00 World News 9:30 Quiz: Berpacu Dalam Melodi 10:35 Late News 10:45 Film: Mad About You Program 2 4:30 p.m.
Fri, 03 Jun 1994, 00:00 WIB
84 to be prosecuted for Medan riots
84 to be prosecuted for Medan riots MEDAN, North Sumatra (JP): The government plans to prosecute a total of 84 people in connection with the April workers' riot that left one businessman dead. Officials disclosed yesterday however that not all of them are workers, confirming earlier government suspicions that the riots, which had their origins in labor protests, had been infiltrated.
Fri, 03 Jun 1994, 00:00 WIB
Is arbitration answer to labor rifts?
Is arbitration answer to labor rifts? By Ridwan M. Sijabat JAKARTA (JP): Amid the proliferation of industrial disputes in Indonesia, union leaders and labor experts say the time has come for the country to look at alternative ways of resolving these conflicts. One alternative under consideration is arbitration, something that has never been tried before here, but has proven successful in other industrial countries.
Fri, 03 Jun 1994, 00:00 WIB
Agency undercuts police with illegal tickets
Agency undercuts police with illegal tickets JAKARTA (JP): The City Traffic and Land Transportation Control Agency (DLLAJ) has issued illegal tickets to fine traffic violators, reliable police sources disclosed Wednesday. Showing a copy of the fake, white tickets, a police source, who asked not to be identified, said the tickets have been used to fine traffic violators in East and West Jakarta. By law only police have the authority to issue tickets for traffic offenders.
Fri, 03 Jun 1994, 00:00 WIB
Lippo Village has country club
Lippo Village has country club Lippo Village, an exclusive and vast housing complex in Tangerang, has announced the establishment of the Imperial Country Club. Herman Widjaja, a spokesman for the club, said Wednesday the club cost US$32 million. "This is the first truly family oriented club in Jakarta. The focus of the club is on family, children and sports activities," Herman said.
Fri, 03 Jun 1994, 00:00 WIB
U.S. idealism irritates Southeast Asia
U.S. idealism irritates Southeast Asia By Masaomi Terada SINGAPORE: An assistant U.S. secretary of state recently Warren Christopher to shift U.S.-Asian policies. The memo from Winston Lord has caused a widespread stir, but Asian views about the United States are along doing an about-face.
Fri, 03 Jun 1994, 00:00 WIB
Maman claims he took his cues from Bapindo top executives
Maman claims he took his cues from Bapindo top executives JAKARTA (JP): The former deputy manager of Bapindo's branch in Jakarta testified in court yesterday that he took his cues from the head office in handling the loans for Eddy Tansil, who is being tried for swindling US$448 million from the government bank.
Fri, 03 Jun 1994, 00:00 WIB
Abuses of power
Abuses of power On May 25, 1994, in his speech before the 12th National Banking Congress, President Soeharto explicitly mentioned the problems of bad loans, like the Bapindo credit fiasco. At that time the President appealed to all institutions concerned to find legal ways of solving the problem of bad loans that is now facing the banks. This implies that all cases of bad loans must be dealt with, instead of only focusing on the Golden Key Group case.
Fri, 03 Jun 1994, 00:00 WIB
Sarwono to beef up environmental watchdogs
Sarwono to beef up environmental watchdogs JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja plans to beef up the Agency for Environment Control (Bappedal) by creating a new division that will extend the agency's reaches in the region. Sarwono told reporters that his proposals are currently being considered by President Soeharto who is expected to issue a presidential decree.
Fri, 03 Jun 1994, 00:00 WIB
High school students greet final exam result
High school students greet final exam result JAKARTA (JP): Many high school students in the city seemed heedless of their future yesterday as they were swept up in the emotion of joy after the announcement of their final exam results. Most of the students interviewed by The Jakarta Post were quite oblivious to the challenges ahead as they prepare to embark on the tough task of entering state colleges and universities.
Fri, 03 Jun 1994, 00:00 WIB
Concibune meets tragic end in 'Raise the Red Lantern'
Concibune meets tragic end in 'Raise the Red Lantern' By Jane Freebury JAKARTA (JP): This stern and beautiful film directed by Zhang Yimou was released in cinemas overseas several years ago but never reached movie theaters here. Now available for Indonesians on video and laser disc, this Academy Award nominee is definitely a must for viewers who take their films seriously.
Fri, 03 Jun 1994, 00:00 WIB
W. Jakarta mayor rousts illegal residents from his district
W. Jakarta mayor rousts illegal residents from his district JAKARTA (JP): West Jakarta Mayor Sutardjianto said yesterday he wants to see scavengers get out of his territory. "If they (the scavengers) don't have any land here, they must leave the (West Jakarta) mayoralty. They can move either to the transmigration sites or return to their hometowns," the mayor said.
Fri, 03 Jun 1994, 00:00 WIB
NGOs raise question over laborer's death
NGOs raise question over laborer's death JAKARTA (JP): Legislators buckled to activists' demands yesterday to question the police's finding that suicide was the cause of death of a female labor activist in the West Java town of Sumedang. Legislators from the House of Representatives (DPR) commission VI overseeing manpower affairs promised to discuss the matter with the West Java Police Precinct.
Fri, 03 Jun 1994, 00:00 WIB
Emha to appear at college
Emha to appear at college SEMARANG, Central Java: The noted poet Emha Ainun Najib who has been banned from speaking at public forums in Central Java in recent years is scheduled to address a seminar at the University of Diponegoro. Rector Muladi said the university has allowed the seminar organizer to invite Emha to discuss national awakening, the Antara news agency said.
Fri, 03 Jun 1994, 00:00 WIB
Jobs limited in apprenticeship program
Jobs limited in apprenticeship program JAKARTA (JP): Around 1,000 Jakarta high school students flocked to the Jakarta office of the Ministry of Education and Culture for part-time jobs at either private or state companies yesterday, only to find there are not enough positions available. The city administration has sponsored apprenticeship programs for students of senior high schools during their holidays so that they can fill the period with productive and constructive activity.
Fri, 03 Jun 1994, 00:00 WIB
Dai-ichi apologizes
Dai-ichi apologizes In reply to the letter which appeared in "Your Letters" (The Jakarta Post, May 31, 1994), I would like to offer my sincere apologies to Mr. Ferry Adiwono of Singapore for any inconvenience caused during this unfortunate incident. As a new hotel, we are still undergoing certain teething problems, and I realize that there are certain areas where our services or facilities are inadequate.
Fri, 03 Jun 1994, 00:00 WIB
Lumber firms need strong commitment to sustainability
Lumber firms need strong commitment to sustainability JAKARTA (JP): Minister of Forestry Djamaloedin Soeryohadikoesoemo said yesterday that the timber firms of the future will have a strong commitment to sustainability, high sensitivity to global and environmental changes, strong attention to cultural issues and broad horizons.
Fri, 03 Jun 1994, 00:00 WIB
Salim Group accepts govt's penalty
Salim Group accepts govt's penalty JAKARTA (JP): The Salim Group will accept the decision of the Minister of Forestry to cancel its license to convert 570,000 hectares of forests into plantation areas, the group's president, Anthony Salim, says. "We will abide by the government's decision," he told reporters after meeting with Director General of Forest Inventory and Utilization Titus Sarijanto here yesterday.
Fri, 03 Jun 1994, 00:00 WIB
Door widened for foreign investment
Door widened for foreign investment JAKARTA (JP): The Indonesian government has significantly eased restrictions on foreign investors, freeing them from the minimum capital requirements and ending compulsory equity divestment for joint ventures. The new regulations also include a dramatic opening of seaports, telecommunications, power, railways, civil aviation, nuclear power and the mass media to foreign ownership.
Fri, 03 Jun 1994, 00:00 WIB
Indonesia and Turkmenistan agree on direct trade
Indonesia and Turkmenistan agree on direct trade JAKARTA (JP): The governments of Indonesia and Turkmenistan agreed yesterday to begin direct trade. President Soeharto and his counterpart Saparmurat Niyazov explored the trade areas that the two countries can develop. Minister/State Secretary Moerdiono told journalists that Indonesia is interested in Turkmenistan's high grade cotton, sulfur and oil.
Fri, 03 Jun 1994, 00:00 WIB
Lippo Pacific
Lippo Pacific Correction: The US$16.5 million loan facility, as mentioned in our story Lippo Pacific gets $16.5m syndicated loan yesterday, was not for PT Lippo Pacific but for PT Prudential Hotel Development, a subsidiary of the Lippo Group.
Fri, 03 Jun 1994, 00:00 WIB
Growth Triangle preparations go forth
Growth Triangle preparations go forth MEDAN (JP): The third ministerial meeting on the Indonesia, Malaysia and Thailand Growth Triangle (IMT-GT) project ended here yesterday with an accord to eliminate the remaining obstacles to the tri-partite economic cooperation as soon as possible.
Fri, 03 Jun 1994, 00:00 WIB
Fathers of aborted ICKI trade accusations
Fathers of aborted ICKI trade accusations JAKARTA (JP): The plan to establish the Association of Nationalist Intellectuals (ICKI) has fallen apart, and the two figures who were trying to found the group are now trading accusations about who sold out the organization. Alamsyah Ratu Perwiranegara, a former cabinet minister, accused R. Moehono, the rector of the Krisnadwipayana University, of betraying him by creating a new organization behind his back.