Indonesian Political, Business & Finance News

Archive: 28 July 1994

48 articles found

Fund raising turns `profit'

Fund raising turns `profit' SURABAYA, East Java: Money donated for the victims of tidal waves in Banyuwangi has reached Rp 4.9 billion (US$2.26 million), more than the estimated losses of Rp 4.7 billion. Spokesman for the East Java provincial government Susanto said that the amount of cash raised by the disaster coordination team excluded the money directly given to the victims by donators.

Petronas and Tohuku sign LNG long-term agreement

Petronas and Tohuku sign LNG long-term agreement KUALA LUMPUR (Reuter): Malaysia's state oil company has signed a long-term agreement to supply 500,000 tons of liquefied natural gas annually to Japan's Tohoku Electric Power Co. The contract is worth around US$300 million annually at current oil prices, said Azizan Zainul Abidin, chairman of state- owned Petronas, which will supply the LNG through its Malaysia LNG Sdn Bhd subsidiary.

NAM ministers to discuss debt problems

NAM ministers to discuss debt problems JAKARTA (JP): Indonesia will host a ministerial meeting of the Non-Aligned Movement (NAM) to discuss crippling debt problems of the movement's least developed members. The meeting will be chaired by Indonesia's Coordinating Minister for Economy and Finance, Saleh Afiff. Nana Sutrisna, assistant to the NAM chairman, said yesterday that participants of the meeting will exchange their views and experience on debt management.

Govt to start up special AIDS hospital this year

Govt to start up special AIDS hospital this year JAKARTA (JP): The government plans to establish a hospital for patients of Acquired Immune Deficiency Syndrome (AIDS) this year. The government has appointed Koja general hospital in North Jakarta to specialize in treating AIDS patients, said Suyuno Yahya, an aide to Coordinating Minister for People's Welfare Azwar Anas. "The hospital is expected to lead other hospitals in the country in treating AIDS patients," Yahya said on Tuesday.

Bulog to send free rice to drought-hit areas

Bulog to send free rice to drought-hit areas JAKARTA (JP): The National Logistics Agency (Bulog) will intensify its efforts to overcome problems caused by this year's severe dry season by distributing rice free of charge to affected farmers and expanding marketing networks.

International bus involved in crash

International bus involved in crash ENTIKONG, West Kalimantan: A bus serving Pontianak in West Kalimantan and Kuching in the Malaysian state of Serawak collided with a van 30 kilometers from the Malaysian border. All 20 passengers aboard the bus escaped unhurt although the vehicle suffered heavy damage, Antara reported yesterday. Tuesday's collision reportedly occurred because the van, which was in front of the bus, slowed up suddenly to make a right turn without prior warning. (emb)

Fire brigade says it has enough water for the current dry season

Fire brigade says it has enough water for the current dry season JAKARTA (JP): The Municipal Fire Department gave assurances yesterday that it has enough water to fight fires during the current dry season. Ponimin, head of the public relations office of the fire department, told The Jakarta Post yesterday that the fire engines are ready to put out any possible fire since they are always filled with four tons of water each.

Farmers' buying power down over the last two years

Farmers' buying power down over the last two years JAKARTA (JP): Amidst the success of Indonesia self-sufficiency in rice, the buying power of its farmers have weakened in the last two years, forcing them to work harder to obtain their day- to-day necessities. Vice chief of the Central Bureau of Statistics (BPS) Sugito M.A. said on Monday that such a condition in 12 rice-producing provinces will drive farmers to leave their jobs and look for other opportunities in other sectors.

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.

Computerized ID

Computerized ID From Forum Keadilan The home affairs ministry plans to award a private company with the contract for computerizing the processing of identity cards for all people throughout the country. I hail the plan to computerize the processing of the cards, but I strongly disagree with the contract being awarded to a private company. This is because I fear the fee to obtain the cards will jump so high that it will be unaffordable for many people.

Three killed in bus accident

Three killed in bus accident SEMARANG, Central Java: Three cyclists were killed on Wednesday when a bus plying the Semarang-Jepara route knocked them over. All three were residents of Semarang who were returning from a market. Witnesses said the Sido Rukun bus was trying to pass other vehicles when it sideswiped the victims. Police are still searching for the bus driver. (har/par)

U.S. holds back on support for Myanmar dialog

U.S. holds back on support for Myanmar dialog BANGKOK (Reuter): The United States yesterday stood firm on its policy of continued isolation of Myanmar's ruling junta despite an apparent shift by other Western countries. U.S. Under Secretary of State Joan Spero told the Association of Southeast Asian Nations (ASEAN) that Washington could only build a productive relationship with Yangon if Myanmar began genuine efforts on political and human-rights reform.

Painting exhibition by Philippine artists

Painting exhibition by Philippine artists Top contemporary Philippine painters will exhibit their works at the Asean Secretariat on Jl, Sisingamangaraja, Kebayoran Baru, South Jakarta, from tomorrow until July 31. Tina Ferreros, one of the organizers, said yesterday that the artists are Angel Cacnio, Carlos Cea, Jeff Dizzon, Robert Nubla, Mario Parial, Noel Pascual, Omi Reyes, Oscar Salita and Jerry Valeria.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to close lower on heavy trading at the Jakarta Stock Exchange (JSX) yesterday. The Composite Index, which closed lower at 454.35 on Tuesday, ended at 453.36 yesterday. The narrower-based GTDBS-50 Index slightly increased to 108.67 from 108.62. Yesterday's top losers included Indosepamas (down Rp 1,500), Ciputra Development (down Rp 325) and BAT Indonesia (down Rp 300).

Latief foresees industrial disputes will increase

Latief foresees industrial disputes will increase JAKARTA (JP): Minister of Manpower Abdul Latief, predicting that the number of industrial disputes in Indonesia will increase, appealed to the workers union and employers yesterday to work together to help defuse possible tensions.

Americans promise top showing in Bob Hasan track and field tour

Americans promise top showing in Bob Hasan track and field tour JAKARTA (JP): A pair of American arrived here yesterday for the Bob Hasan track and field invitational tourney, with the promise that they would have the best performance at the one-day event. Both men's middle-distance runner Erik Nedeau and women's triple jumper Cynthia Rhodes could not avoid expressing their guarded optimism upon their arrival here that they would conquer the Madya Senayan track. "I need to win here.

ABRI now open to shortsighted youths

ABRI now open to shortsighted youths JAKARTA (JP): The Armed Forces Academy (AKABRI) has opened its doors to youths who are shortsighted, but they are unlikely to receive any combat experience. Rear Marshal FX Suwarno, the academy's commander general, said beginning this year, the military college will accept high school graduates with shortsightedness of up to minus 0.5.

Parallel stock market needs to offer incentives

Parallel stock market needs to offer incentives JAKARTA (JP): The parallel or over-the-counter (OTC) capital market needs to offer incentives to attract more investors, an executive says. The president of PT Jasereh Utama, J. A. Sereh, said yesterday that companies listed on the parallel market, for example, could offer cash dividends of no less than 40 percent of after-tax profits to attract investors.

APEC, WTO not to affect EU's single market

APEC, WTO not to affect EU's single market JAKARTA (JP): The Asia-Pacific Economic Cooperation (APEC) forum and the upcoming establishment of the new World Trade Organization (WTO) will not spur negative competition with the European Union's single market, German Ambassador Karl Walter Lewalter predicts. Germany considers APEC a positive accomplishment because it can encourage competitive partnerships between the EU and Asia- Pacific countries, Lewalter told reporters yesterday.

Kuwait envoy pleased with state of bilateral relations with RI

Kuwait envoy pleased with state of bilateral relations with RI JAKARTA (JP): Outgoing Kuwait Ambassador Ali Zakaria Al-Ansari said yesterday that he was pleased with the state of bilateral relations, and was particularly gratified by Indonesia's relentless support in Kuwait's dispute with Iraq. Al-Ansari said he fully appreciated Indonesia's support for Kuwait's demand that Iraq return hundreds of its citizens who have been held by Baghdad since the end of the Gulf War in 1991.

Bakorstanasda urged to stop worker kidnappings

Bakorstanasda urged to stop worker kidnappings JAKARTA (JP): The Jakarta chapter of the Agency for Coordination of Support for National Stability (Bakorstanasda Jaya) is being urged to crack down on worker "kidnapping" at the Soekarno-Hatta airport in Cengkareng.

Indonesian films in hot water again

Indonesian films in hot water again By Salim Said A battle is now being waged on Indonesia's pornographic films. Film expert Salim Said argues that the core of the problem lies not solely with the censorship agency. JAKARTA (JP): For observers of the Indonesian film scene, the adversity that has befallen our national films in the past few weeks is not at all surprising.

Govt makes offer to Kedungombo residents

Govt makes offer to Kedungombo residents SEMARANG (JP): The Central Java government has made a goodwill gesture with its adversaries in the Kedungombo land dispute, offering to pay part of the compensation for the land it had procured pending the outcome of a new trial. Chief of the province's High Prosecutors Office Harry Moerdjono said the government's offer of Rp 4,000 (US$1.85) a meter for the land still stands and the money can be collected immediately.

A growing ASEAN

A growing ASEAN Some skeptical comments notwithstanding, it seems that the attention that has been given by international observers and by the region's media to the just-concluded ASEAN foreign ministers conference in Bangkok is not totally unjustified.

Balibo festival will go on

Balibo festival will go on DILI, East Timor: The second Balibo cultural festival will be held soon with supporting activities organized in the neighboring East Nusa Tenggara province. Arnold Koly Mali, an official at the provincial tourism office, said the festival would be held in Balibo, the city where the historic integration declaration was signed. East Timor integrated with Indonesia in 1976. Arnold said the Balibo festival's activities are jointly held by both provinces.

East Java and Jakarta rule national archery championships

East Java and Jakarta rule national archery championships JAKARTA (JP): The 1988 Olympic silver medalist Nurfitriyana Saiman led the Jakarta women's team to the President Cup at the national archery championships in Metro, Lampung yesterday.

Another hotel in Myanmar

Another hotel in Myanmar BANGKOK (AFP): Myanmar's military authorities Tuesday signed an agreement in Rangoon with a private Singaporean hotel firm to build and operate a hotel in the Myanmarese capital's city center, state-run Radio Yangon reported. The agreement to set up "the Yangon Hotel" was signed by Myanmar's Trade Ministry and Singapore-based Yangon Investment Private Limited, the radio said in a broadcast monitored here.

ASEAN, West vow to lower tensions

ASEAN, West vow to lower tensions By Pandaya BANGKOK (JP): Ministers of the Association of Southeast Asian Nations (ASEAN) and their Western allies ended their meeting yesterday, pledging closer collaboration to reduce tensions in the Asia-Pacific region. As usual, no specific agreements were reached in the two-day post-ministerial conference (PMC), which followed the annual ASEAN ministerial gathering. Instead, they held a joint press conference.

Indonesia gets its second Helen Keller Int'l award

Indonesia gets its second Helen Keller Int'l award JAKARTA (JP): Indonesia is again recognized for its successful campaign against nutritional blindness (xerophthalmia) with the presentation of a letter of appreciation from the Helen Keller International (HKI) to the Ministry of Health.

Foreign investments may go up by more than 100% this year

Foreign investments may go up by more than 100% this year JAKARTA (JP): Foreign investments are expected to more than double to US$20 billion this year from $8.1 billion last year, State Minister of Investment Sanyoto Sastrowardoyo said. "During the first seven months of this year, foreign investment commitments approved by the government reached $14.7 billion," Sanyoto told reporters after closing a three-day annual meeting on investment coordination here last night.

TV today

TV today TVRI 2:30 p.m. TV Series: Tarzan 3:05 Dance: Janger 3:30 TV Series: Gunsmoke 4:30 Children's Program 5:00 Regional News 5:30 Arabic Lessons 6:05 Parlementaria 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:30 TV Drama: Meniti Pelangi 8:05 Film: Cita-cita Bukan Mimpi 9:00 World News 9:30 Sports Program 10:35 Late News 10:45 Film: The Dirty Dozen IV: Fatal Mission Program 2 4:30 p.m.

Alleged killer of Riyama denies his earlier confession

Alleged killer of Riyama denies his earlier confession JAKARTA (JP): Gunadi Tjahyo Wargo, the accused killer of Dr. Riyama Yawoga, withdrew his previous confessions during yesterday's trial session at the North Jakarta District Court. "I am not the killer, Your Honor. I made up those stories because Ridwan promised me rewards. Now, because he has broken his promises, I am telling you the whole truth," he told the court.

KL not to act against the `Times'

KL not to act against the `Times' KUALA LUMPUR (AFP): Kuala Lumpur slammed the British press yesterday for "discrediting" Malaysia but decided not to act against a London-based newspaper for implicating a minister in the disappearance of a US$10,000 Standard Chartered Plc gold coin.

One man dies as bus overturns

One man dies as bus overturns PADANG, West Sumatra: One man was killed and three others were injured when an intercity bus overturned on the slopes of Silaiang Kariang on Tuesday. The Terang bus, which was on its way from Padang to Sibolga in North Sumatra, was climbing the steep slope when its engine suddenly stopped. The driver then lost control and the bus descended at high speed.

Ismail Hasan in war of words with Abdurrahman

Ismail Hasan in war of words with Abdurrahman JAKARTA (JP): United Development Party (PPP) Chairman Ismail Hasan Metareum yesterday dismissed suggestions that his party stands to lose many of its traditional supporters if he is reelected at a congress next month. However, Ismail Hasan warned Nahdlatul Ulama (NU) chairman Abdurrahman Wahid who made the suggestion, not to drive party supporters away if he did get reelected.

RP investment abroad up

RP investment abroad up MANILA (AFP): Investments by Filipinos in other countries rose by 864 percent in 1993 due to the liberalization of foreign exchange regulations, the Philippine Central Bank statistics office said here yesterday. Outward investments from the Philippines, both in stock portfolios and in capital, amounted to US$1.167 billion in 1993 compared to US$121 million in 1992, the Central Bank said.

Naughty developers get warning

Naughty developers get warning The House Commission IX on education has threatened to bring to court delinquent real estate developers who do not build educational facilities for their housing complexes. "Developers must not put too much emphasis on profits and ignore the community's need for education," warned Sukowaluyo Mintorahardjo, the deputy chairman of the commission.

Cement supply to increase by 16 percent to 11.7m tons

Cement supply to increase by 16 percent to 11.7m tons JAKARTA (JP): Minister of Industry Tunky Ariwibowo said here yesterday that the cement supply will be raised by around 16 percent in the second semester of this year to around 11.7 million tons. Speaking to newsmen following a meeting with President Soeharto, Tunky said that the 16 percent increase in the cement supply will be adequate to meet the rising demand in the country.

Feminist movement can learn from U.S.

Feminist movement can learn from U.S. JAKARTA (JP): The Indonesian feminist movement can learn a thing or two from the American experience which is already well ahead, it was concluded yesterday during a discussion. Speakers and participants at a meeting to discuss the book Born for Liberty: A History of Women in America by American author Sara M. Evans yesterday agreed that the book is precious reading for feminists and scholars.

Owners skeptical about progressive car tax plan

Owners skeptical about progressive car tax plan JAKARTA (JP): Car owners are skeptical about a planned progressive car tax, saying it will only create new loopholes for corrupt officers. "More loopholes will be created because of this new car tax as long as services and the administration at agencies involved in the issuance of car ownership documents remain poor," said Thomas, an East Jakarta resident who owns two cars.

Festival to make bamboo an environmental issue

Festival to make bamboo an environmental issue By Rayya Makarim JAKARTA (JP): The environment has become a much discussed issue in the last decade. Countries, organizations and individuals are all searching fervently for their role in helping to preserve planet Earth. Consequently, the Environmental Bamboo Foundation (EBF) will hold the first Music in Nature Festival on Sunday in Ubud, Bali.

Bulgarian spoils China's rule in weightlifting

Bulgarian spoils China's rule in weightlifting JAKARTA (JP): Petar Petrov, Bulgaria's 20 year old lifter, seized two gold medals after prevailing in the snatch event to become the overall winner in the 64-kilogram category as China stretched its runaway lead in the 20th junior world weightlifting championships here yesterday. The lanky Bulgarian, who always delivered a roar during action, also managed to set a new world record in snatch of 142.5kgs.

Suspected murderer captured after two years on the run

Suspected murderer captured after two years on the run JAKARTA (JP): Police have apprehended a man who allegedly killed a bus conductor in a quarrel two years ago in Cibitung district, Bekasi. The suspect, identified as Endang Sofyan alias Yayan, 31, a chauffeur, was apprehended last Friday evening when he returned home to his parents' house in Mekar Jaya village, Cibitung district, two years after the murder. "He did not resist arrest," Sgt.

Firms urged to take part in agricultural census

Firms urged to take part in agricultural census JAKARTA (JP): Agricultural companies are being urged to be cooperative subjects in the second agricultural census, a follow up to the one administered last October, by giving correct answers in the questionnaires to be distributed from next month to October.

Eight Indonesians survive boat sinking

Eight Indonesians survive boat sinking MANILA (AFP): Eight Indonesian sailors survived after their boat capsized in the Sulawesi Sea near the extreme southern Philippine island of Simunul, the official Philippine News Agency (PNA), quoting police, said yesterday. The boat was en route to the Malaysian state of Sabah from Sumarinda town with a cargo of rattan when it was sunk by big waves on Monday, the agency said.

Forest ransackers reach Sunda islets

Forest ransackers reach Sunda islets BANDARLAMPUNG: The forest ransackers has reportedly reach some islets in Sunda strait, Antara reported yesterday. They have even now reached volcanic Pulau Panjang, Anak Krakatau, Rakata Besar and Pulau Sertung. Some 500 people have settled at Pulau Sebesi, about 10 miles from the bigger island Anak Krakatau. They live from fishing, planting coconut and banana in the islands that government has set as prohibited areas for living.

Gold design competition

Gold design competition The Indonesian branch of the World Gold Council (WGC) is organize a gold design competition called Heart Collection '94. The competition is opened to local gold designers, students and the general public, Leo Hadi, chairman of the organizing committee, said yesterday. Contestants must submit their designs in the shape of a heart, the theme of the competition, to the WGC office on the 12th floor of Wisma Dharmala, Jl Sudirman Kav.28, Central Jakarta. The deadline is Aug.

PAL starts Davao-HK flight

PAL starts Davao-HK flight MANILA (AFP): Philippine Airlines (PAL) started yesterday twice-weekly flights from Davao to Hong Kong, a spokesman said here. The initial flight saw a PAL Airbus A300 take off from Davao, the main trading city of the southern Philippines, make a stopover at the central island of Cebu and then proceed to Hong Kong, the PAL spokesman said.