Indonesian Political, Business & Finance News

Archive: 7 June 1994

50 articles found

Rubber prices steadier

Rubber prices steadier SINGAPORE (AFP): The firmer Japanese markets helped Singapore rubber futures prices to end steadier yesterday after trading quietly, dealers said."RSS 3 prices rose because the Japanese markets were up and TSR 20 prices rose because RSS 3 prices were firmer," a dealer said.

Buddhists visit heroes' cemetery

Buddhists visit heroes' cemetery Around 1,500 Buddhists from the Indonesian Buddha Niciren Syosyu (NSI) Council paid homage to the Kalibata heroes' cemetery on Sunday as part of the celebration of Waisak (Buddha Enlightenment Day).

Home chutists

Home chutists triumphant JAKARTA (JP): Triumphant Indonesian sky divers rule the sky in the Kopassus Open and International 1994 in Serang, West Java which ended last weekend.Host chutists from Kopassus A, the Army's elite unit famous for their red-blood beret, dominate both the men's team and...

Old mosque gets ready

Old mosque gets ready PEKANBARU, Riau: An old mosque at Air Tiris village in Kampar, Riau, is being groomed for the upcoming national Koranic recital competition next month.Kampar Regent Saleh Jasit at Bangkinang said the mosque was already polished.

Arable land scarcity haunts East Asia: FAO

Arable land scarcity haunts East Asia: FAO JAKARTA (JP): The Food and Agriculture Organization (FAO) warns that Indonesia will face shortages of arable land in the coming years if it does not take conservation measures.

TV Today: Tuesday, June 7, 1994

TV Today: Tuesday, June 7, 1994TVRI 2:30 p.m. TV Series: Hassai Sensei 3:05 Dilentasia 3:30 TV Series: Huckleberry Finn 4:30 Science Film 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the beloved country: Bengkulu 6:15 Village Program 6:30 Belief in One Supreme God 7:00 Evening News 7:30...

Late delivery

Late deliveryDue to technical problems with our printing machines, The Jakarta Post reached subscribers in several areas, including those outside Java, late yesterday. We apologize for the inconvenience this caused. -- Publisher

Proposal on guarantee fund sparks debate

Proposal on guarantee fund sparks debateBy Imanuddin JAKARTA (JP): The proposal for establishing a guarantee fund (GF), a kind of credit insurance firm, has drawn different responses from banking experts and policy makers.

To ease the suffering

To ease the suffering There can be little doubt that East Java can count the rugged coastline along its shores south of Malang among its blessings. Not many other places, inside the province or outside, can rival the grandeur of the scenery along this largely unspoiled strip of Java's southern...

From Las Vegas to Pasadena

From Las Vegas to PasadenaBy Richard Pedler JAKARTA (JP): Half a billion viewers witnessed the Final Draw for USA'94 on the Sunday before Christmas in Caesar's Palace, Las Vegas. Celebrities such as Faye Dunaway, Evander Holyfield and Mario Andretti helped FIFA Secretary-General Sepp Blatter to...

PNG to freeze new mining, petro projects

PNG to freeze new mining, petro projects PORT MORESBY (AFP): Papua New Guinea is to put a freeze on new mining and petroleum projects until legislation governing resource development has been reviewed, a minister said yesterday.

Traders say Matahari killing small business

Traders say Matahari killing small business JAKARTA (JP): Hundreds of small-scale traders of Pasar Melawai in the Blok M shopping center, South Jakarta, staged a protest yesterday, urging the authority to stop the construction of three escalators by the Matahari Department Store at the four-story...

Floods sweep farmland

Floods sweep farmland BENGKULU: Farmland owned by some 450 families at a transmigration camp in Talo subdistrict, south Bengkulu, have been swept by floods following a breakdown in the drainage system.Suprapto, a settler, reported the tragedy to Bengkulu Governor A.

Committee adapts agenda of APEC business meeting

Committee adapts agenda of APEC business meeting JAKARTA (JP): Preparations for the first Asia-Pacific business meeting, scheduled for Aug. 24-25, are being stepped up with increased vigor now that the conference has received the official endorsement by the Asia Pacific Economic Cooperation (APEC)...

AC Milan conquers Surabaya Selection despite heat

AC Milan conquers Surabaya Selection despite heat JAKARTA (JP): Treacherous heat and humidity failed to stop AC Milan from showing its mastery yesterday, as the European soccer giant obliterated local team Surabaya Selection 4-1 at the Gelora Tambaksari Stadium in the East Java capital of Surabaya.

Brunei Darussalam's quest for ideology (2)

Brunei Darussalam's quest for ideology (2)By Bilveer Singh This is the second of two articles examining the national ideology of Brunei Darussalam, the Melayu Islam Beraja. SINGAPORE (JP): In terms of monarchy, Brunei has had this system of government for more than ten centuries.

RI should develop new environmental partnership with NGOs

RI should develop new environmental partnership with NGOsBy Arian Ardie JAKARTA (JP): As Indonesia intensifies its efforts to develop and protect its environment it is presented with a unique opportunity to develop a new environmental partnership between government, industry and...

Income tax on land sales

Income tax on land sales JAKARTA (JP): Land offices throughout the country have been instructed to reject the registration of the transfer of land- title ownership if the seller has not yet paid income tax on the sale.

`Burung Garuda' RI's unknown endangered raptor

`Burung Garuda' RI's unknown endangered raptorBy Jan Wind BOGOR, W. Java (JP): Burung Garuda Indonesia or the Javan Hawk Eagle, is one of the world's most endangered raptors, yet remains largely unknown.Its protection in the wild is urgent.

New council hoped to boost public participation

New council hoped to boost public participation JAKARTA (JP): The city administration has formed another village council at each subdistrict to increase the public participation in civic affairs at the grassroots level.

IBF will not punish Indonesia

IBF will not punish Indonesia JAKARTA (JP): The International Badminton Federation (IBF) will not impose sanctions on Indonesia following incidents involving rowdy, local spectators who flocked the Thomas and Uber Cup finals at the Senayan stadium here last month.

Asia should liberalize rates to meet funding needs: ADB

Asia should liberalize rates to meet funding needs: ADB SINGAPORE (AFP): Asian countries need to liberalize interest rates to help meet the massive funding needs of infrastructure development, a top Asian Development Bank (ADB) official said yesterday.

Islam's role in nationalism debated

Islam's role in nationalism debated JAKARTA (JP): Moslem leaders responded to charges that Islam and the powerful Association of Indonesian Moslem Intellectuals (ICMI) spearheaded growing sectarian politics here, saying the religion unites, rather than divides, the country.

Traffic agency criticized for ticketing violators

Traffic agency criticized for ticketing violators JAKARTA (JP): Regardless of the harsh criticism from city councilors, the Municipal Traffic and Land Transportation Control Agency (DLLAJR) is still issuing traffic tickets to traffic violators in West Jakarta.

Trials open on Medan riots

Trials open on Medan riots MEDAN, North Sumatra: Two men were arraigned at Medan District Court yesterday for vandalism during a workers' riot in April. They are the first of 83 suspects to be prosecuted in connection with the riot that left one businessman dead and dozens of factories destroyed.

EU against RP over tariffs

EU against RP over tariffs MANILA (AFP): The European Union (EU) has filed a complaint against the Philippines under the General Agreement on Tariffs and Trade (GATT) over its tariff system, a trade official said here yesterday.

Traders want new market

Traders want new market Traders from the Klender market in East Jakarta, which was razed by fire last December, are urging the city administration to build a new market for them soon.Akmal, one of the market's cooperative executives, was quoted by Pelita yesterday as saying that the traders have...

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.

PDI attacks new deregulatory measures as unconstitutional

PDI attacks new deregulatory measures as unconstitutional JAKARTA (JP): The Indonesian Democratic Party (PDI) yesterday attacked the government's newest economic deregulation package, which opens the door wide to foreign investors, as violating the spirit of the 1945 Constitution.

Soeharto calls for fair links between trade and environment

Soeharto calls for fair links between trade and environment JAKARTA (JP): Indonesia supports the inclusion of environmental clauses in international trade, but any move towards this should be by consensus and not imposed unilaterally by the industrialized world, President Soeharto says.

Security guards jailed for slaying Marsinah

Security guards jailed for slaying Marsinah JAKARTA (JP): Two security guards were sentenced yesterday to 12 years in prison each for their roles in the brutal murder of labor activist Marsinah last year.

Eighteen people still missing after tidal waves

Eighteen people still missing after tidal waves JAKARTA (JP): Rescue workers yesterday were searching for 18 people who have remained missing since last Friday's tidal waves that have already left 201 dead and wrought uncounted destruction in East Java.

Moslem guerrillas blamed for bombing in Zamboanga

Moslem guerrillas blamed for bombing in Zamboanga ZAMBOANGA, Philippines (Agencies): A Philippine military commander yesterday blamed Moslem guerrillas for the bombing of a southern commercial center and ordered his men to capture the rebel leader dead or alive.Maj. Gen.

Press still closed to foreigners

Press still closed to foreigners JAKARTA (JP): The Indonesian press and broadcasting industries remain closed to foreigners despite a new government ruling which states otherwise.Minister of Information Harmoko announced yesterday that President Soeharto, who by law has the power to approve or...

Company bill gets mixed reactions from DPR members

Company bill gets mixed reactions from DPR members JAKARTA (JP): The four factions within the House of Representatives (DPR) gave mixed reactions to the government- proposed bill on limited liability companies in a plenary hearing with the Minister of Justice Oetojo Oesman yesterday.

Batak Protestants demand punishment for military chief

Batak Protestants demand punishment for military chief JAKARTA (JP): Members of the Toba Batak Christian Chuch (HKBP) opposed to their government-appointed bishop demonstrated at the House of Representatives (DPR) yesterday alleging that the military has been torturing members of their dissident...

Clean living

Clean livingFrom Suara KaryaIn compliance with the government's program to promote order, cleanliness, beauty and better saving habits, I would like to suggest to the companies that they print the following messages on their on their paper, packages, tickets or notes:* Dispose of your litter in the...

Prove the accusation

Prove the accusation OK, the deed is done, "that film" has been banned. The letters which have filled this column have at least served to show the true level of religious tolerance in Indonesia. The Jakarta Post offered an excellent commentary on this in its editorial of May 28, 1994.

IPTN to invest in U.S.

IPTN to invest in U.S. Before meeting with President Soeharto at the Bina Graha presidential office recently to report on his recent visit to the United States, State Minister for Research and Technology B.J.

Dharmala Intiland to issue rights shares

Dharmala Intiland to issue rights shares JAKARTA (JP): PT Dharmala Intiland, a property company, yesterday announced its plan to offer rights shares at Rp 2,500 (US$1.16) each to generate funds for its project expansion.

Shoot them boars, boys!

Shoot them boars, boys! JAKARTA: Minister of Transmigration Siswono Yudohusodo bid farewell to an expedition team led by Herman Sarens Sudiro off to hunt wild boars in South Sumatra's forests.The 10-day hunting trip in resettlement sites is jointly sponsored by the Ministry of Transmigration, the...

Report of Riggs

Report of Riggs The Jakarta Post published a short report on June 4, 1994, regarding a hand-over by the Indonesian Military to the British government of the remains of Sub-Lt. J. Gregor Riggs, who was killed on Merapas Island, Riau, on Nov. 5, 1944.In your report I think you incorrectly quoted Col.

Prostitute found dead at brothel

Prostitute found dead at brothel JAKARTA (JP): A 27-year-old prostitute at the Kramat Tunggak red-light district in North Jakarta was found dead with bruises on her face and neck in the early morning yesterday.

Malaysia, Singapore to jointly venture abroad

Malaysia, Singapore to jointly venture abroad KUALA LUMPUR (AFP): Malaysia and Singapore are to use their powerful government investment arms to jointly undertake projects in the region, including Indonesia, officials said after a meeting of their finance ministers yesterday.

Family planning agency shows the will and the way

Family planning agency shows the will and the wayBy Arif Suryobuwono JAKARTA (JP): The saying "where there's a will there's a way" has been paraphrased by the Indonesian Planned Parenthood Association (PKBI) into "where others have no will, we do. We have the will and the way.

Waste decree has many loopholes: Lawyer

Waste decree has many loopholes: LawyerBy Prasetya Subekti JAKARTA (JP): A leading environmental lawyer has welcomed the government's initiative to compel manufacturers to treat their toxic and hazardous industrial waste but he warns that the new ruling does not go far enough to stop industrial...

Bapindo executives trade accusations in court

Bapindo executives trade accusations in court JAKARTA (JP): The trials of two men involved in the fraud amounting to losses of Rp 1.3 trillion ($620 million) at Bank Pembangunan Indonesia are turning into bouts of finger pointing between the executives of the government bank who are implicated in...

Promoting business

Promoting business I refer to the article entitled APEC meet will offer risks, rewards by Larry Pintak in The Jakarta Post of June 2, 1994, which makes some very valid points.Your readers may be interested to learn that the Enteos Bankers & Industrialists Club has recently started an initiative to...

Foreign investment in media

Foreign investment in media It is said that foreign capital may be invested in the Indonesian mass media. Indeed, in this context we need detailed points on the regulation or the community will be confused.Law No.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta exchange continued downward in heavy trading with shares registering losses across the board, dealers said here yesterday.The Composite Index closed slightly lower at 486.52 yesterday from 486.72 on Friday.