Indonesian Political, Business & Finance News

Archive: 5 July 1994

44 articles found

Maman presents personal defense in fraud trial

Maman presents personal defense in fraud trial JAKARTA (JP): Maman Suparman, a former deputy manager of Bapindo's Jakarta branch, yesterday testified as to the sources of his wealth and assets, denying that he took bribes from defendant tycoon Eddy Tansil. Maman was presenting his defense in a court which is trying him for his role in the Rp 1.3 trillion (US$620 million) corruption case at Bank Pembangunan Indonesia (Bapindo).

Ships impounded for waste disposal

Ships impounded for waste disposal PEKANBARU, Riau (JP): A ship and a tug boat flying the Singaporean flag were impounded after attempting to throw 200 tons of waste into Indonesian waters on Wednesday in the Mapur area near Bintan Island. The head of the local office of the Ministry of Transportation in Riau, Farhan Tanjung, said that the ship named Labroy 67 had already thrown 40 percent of its waste into the deep blue sea.

All systems are `go' for inter-Korean summit

All systems are `go' for inter-Korean summit By Kate Webb SEOUL (AFP): All systems appear set to go for this month's first inter-Korean summit in Pyongyang despite a warning from the Stalinist North that it could founder if the nuclear issue is raised. A weekend meeting on protocol issues decided the South's dissident-turned-President Kim Young-sam, 66, whose mother was killed by a North Korean infiltrator in 1960, will cross the heavily-fortified Demilitarized Zone July 25.

Man shot dead by police

Man shot dead by police JAKARTA (JP): An alleged car thief was shot by police yesterday on Jl. Malaka, Duren Sawit, East Jakarta. City Police Spokesman Lt. Col. A. Latief Rabar said Rasyid Nasution, alias Ucok, 26, a known mugger, was shot to death by police agents in Duren Sawit, East Jakarta, when he tried to escape while being forced to point out the hideout of his friends.

`Prepare students for open society'

`Prepare students for open society' JAKARTA (JP): President Soeharto called on teachers yesterday to instill in students values, skills and characteristics that will enable them to weather the negative impact of the globalization of information and technology. Technology has enabled people to freely obtain information through the mass media which brings foreign values that are not always suitable with local values, he said.

America expected to reinstall RI trade status, House told

America expected to reinstall RI trade status, House told JAKARTA (JP): The government is optimistic the United States will retain its policy on trade privileges provided to Indonesia under the Generalized System of Preference (GSP).

Sarwono alarmed at mangrove destruction

Sarwono alarmed at mangrove destruction JAKARTA (JP): Minister of Environment Sarwono Kusumaatdja is alarmed by the rapid destruction of mangroves because of intensive deforestation within the last few decades. The number of mangrove trees has plummeted from 22 million into two million, Sarwono said in a hearing at the House of Representatives yesterday.

Region needs U.S. to hold EAEC

Region needs U.S. to hold EAEC TOKYO (AFP): Japanese Foreign Minister Yohei Kono told a Southeast Asian leader here yesterday that U.S. endorsement was necessary to hold an East Asia Economic Caucus (EAEC) meeting, officials said. Kono made the remarks at a meeting with Ajit Singh, secretary general of the Association of Southeast Asian Nations (ASEAN). "ASEAN wants to hold an EAEC meeting as soon as possible," Singh was quoted as saying during the 20-minute meeting at the foreign ministry.

Yogie challenges Dayak leaders to sue him

Yogie challenges Dayak leaders to sue him JAKARTA (JP): Minister of Home Affairs Moch. Yogie S. M. yesterday challenged Central Kalimantan community leaders to bring the case of the gubernatorial election there to court. "Let them go ahead with their law suit," he told reporters. Yogie, however, advised that the leaders should learn about regulations on how to express disagreement with a government policy.

Artilery exchanges cloud prospects of Bosnian peace

Artilery exchanges cloud prospects of Bosnian peace SARAJEVO (Reuter): Government and Serb forces traded artillery fire along Bosnia's battlefronts yesterday to usher in a week in which mediators will try yet again to persuade the combatants to compromise in the interests of peace.

TV Today

TV Today TVRI 2:30 p.m. World Cup 1994: Belgium vs Saudi Arabia - rerun 4:30 Student Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the beloved country 6:15 Village Program 6:30 Belief in the One Supreme God 7:00 Evening News 7:30 Talk Show: Wawasan 8:05 Dangdut Music 9:00 World News 9:25 Journal of World Cup 1994 9:55 National films program 11:00 Late News 12:00 a.m. World Cup 1994: Nigeria vs Italy - live Program 2 4:30 p.m.

UN envoy here for talks and East Timor visit

UN envoy here for talks and East Timor visit JAKARTA (JP): A special rapporteur from the United Nations' Human Rights Commission for Execution Without Trial is now here on a 10-day visit. During his stay in this country Waly Bacre Ndiaye, the rapporteur, will meet with high-ranking officials in Jakarta and East Timor, a statement from the Ministry of Foreign Affairs said here yesterday.

400 street vendors urged to move

400 street vendors urged to move The city administration has allocated Rp 2.1 billion (US$1 million) funds in the current 1994/95 fiscal year to finance the appropriation of a 2,880 square meter plot of land to be developed into a new market in Koja Selatan, North Jakarta. Part of the new market will be used to accommodate 400 traders and street vendors now open for business near the Permai theater on Jl. Lorong, Koja Selatan, Tanjung Priok.

Ramos to visit Brunei in August

Ramos to visit Brunei in August MANILA (AFP): Philippine President Fidel Ramos will visit Brunei from Aug. 6 to 8 for wide ranging talks with Sultan Hassanal Bolkiah, the Department of Foreign Affairs (DFA) said here yesterday.

Skaters to roam

Skaters to roam Monas Square JAKARTA (JP): The Monas Square area in Central Jakarta will be invaded by hundreds of roller skaters from 20 of Indonesia's 27 provinces on July 8 during the seventh national roller skating tournament. The event, which is held once every two years, will also serve as the early selection process by the Indonesian Roller Skating Federation (Perserosi) for the sixth Asian roller skating championship to be held in Japan next year.

Three killed in floods

Three killed in floods BANJARMASIN, S. Kalimantan (JP): A major flood hitting Kintap subdistrict in the Tanah Laut Regency has killed three persons, destroyed at least 51 houses and two bridges. Floods also occurred in the Satui subdistrict of the Kotabaru regency, where three people were drowned, Antara reported. Social service officials in Tanah Laut said at least 891 houses were destroyed.

BNI to increase loans for small businesses

BNI to increase loans for small businesses JAKARTA (JP): The state-owned Bank BNI will increase the portion of its credits allocated for small businesses to 50 percent next year from 38.2 percent at present, the bank's president said here yesterday. Winarto Sumarto told reporters that his bank as of May had channeled 61.8 percent of its total credits of Rp 13.4 trillion (US$6.20 billion) to large-scale companies which generally deal with wholesale businesses.

Construction of escalators at Blok M delayed due to protest

Construction of escalators at Blok M delayed due to protest JAKARTA (JP): The objection of small-scale traders has thrown a wrench into the PD Pasar Jaya city market authority's approval of the construction of two escalators outside the Blok M market building in South Jakarta.

Stock Exchange

Stock Exchange JAKARTA (JP): Most share prices closed lower on the Jakarta Stock Exchange (JSX) here yesterday after recovering over the weekend. The broad-based Composite Index closed at 458.37 yesterday, compared to 458.73 on Friday, while the narrower-based GTDBS Index decreased to 109.41 from 109.88. A broker at JSX said Perdana Cipta Multi Finance listed 50 million shares yesterday. Significant increases in shares were Ades Alfindo (up Rp 400) and Perdana Cipta Multi Finance (up Rp 350).

RP's Basilan island, a sanctuary for rebels

RP's Basilan island, a sanctuary for rebels By Rosario Liquicia ISABELA, Philippines (Reuter): The lush mountains on the southern Philippine island of Basilan have long nourished villagers but are now also fertile ground for an extremist Moslem group the military calls a national menace. Deprived of electricity and other basic services, Basilan has remained largely undeveloped and isolated, making it a natural sanctuary for rebels.

UNAS activities still suspended, but campus opens

UNAS activities still suspended, but campus opens JAKARTA (JP): The disputed biology campus of Universitas Nasional (UNAS), one of Indonesia's oldest privately run universities, has yet to resume academic activity although it reopened yesterday after being closed down for over a week due to internal bickering. Responding to students' demands, the university's rector, Prof. Achmad Baiquni, last Saturday inspected the campus located on Jl. Kebon Binatang, Ragunan, South Jakarta.

RI workers remit $8 million a month

RI workers remit $8 million a month KUALA LUMPUR (AFP): The national savings banks of Malaysia and Indonesia have worked out a system allowing 500,000 Indonesians, earning a total 50 million ringgit (US$20 million) a month here, to remit their earnings home, officials said yesterday. Each month, these Indonesian workers remit about 20 million ringgit ($8 million), or 36 percent, of their total earnings to relatives, according to figures by Bank Simpanan Nasional, Malaysia's largest savings bank.

To catch a computer whiz

To catch a computer whiz From Jayakarta The pooled entrance examination to the state-run universities has ended. However, the problem of "jockeys", in which abler students illicitly take the seats of actual high-school graduate applicants in the examination (presumably to increase the likelihood of passing), has apparently not been solved. Interestingly, the prestigious Bandung Institute of Technology (ITB) has reported the most cases of jockeying for years. How come?

The tip of the iceberg

The tip of the iceberg It is certainly not to sound an undue alarm that we quote the facts and figures that follow. But we believe it is advisable that we all take heed of the information revealed by public health expert Ascobat Gani at a seminar in Jakarta over the weekend.

Illegal unions established

Illegal unions established SURABAYA, East Java (JP): The local administration suspects several entrepreneurs of illegally establishing labor union units of SPSI within their companies. Governor assistant Masdoekie said on Saturday that these unions were apparently intended to meet the government's requirement while at the same time taking advantage of the ignorance of the laborers. "Most of the entrepreneurs have appointed outsiders to lead labor unions," he said as quoted by Antara.

Legislators give gloomy view of economic growth

Legislators give gloomy view of economic growth JAKARTA (JP): Members of the House of Representatives were gloomy yesterday about the country's ability to achieve an average economic growth of 6.2 percent as projected during the current Five Year Development Plan (Repelita VI).

Ex-PD Pasar Jaya

Ex-PD Pasar Jaya director questioned The Jakarta Prosecutor's Office has questioned seven more people, including an ex-director of the City-Owned Market Company (PD Pasar Jaya) in connection with a Rp 2 billion (US$ 926,000) embezzlement at the company. Former PD Pasar Jaya finance and administrative affairs director Omaran and six other officials were questioned by the prosecution's team last week as witnesses in the case, which involved Atin Setiadi as a main suspect.

Teachers' congress

Teachers' congress The Indonesian Teachers Union (PGRI) is holding its 17th congress in Jakarta, involving some 11,000 teachers from all over the country. Their presence here reminds us of our days when our teachers patiently and wholeheartedly taught and educated us to become what we are today. So it is our obligation to pay deep respect to them.

Police Chief designate seeks a safer Bekasi

Police Chief designate seeks a safer Bekasi JAKARTA (JP): Bekasi police chief designate Lt. Col. Harry Pribadi has pledged to devote his attention to the capture of the murderer of Herbin's family. "I will give top priority to efforts to capture the killer of Herbin Hutagalung's family," Harry told reporters yesterday at his office. Harry was replaced yesterday by Lt. Col.

Foreign film import

Foreign film import From Media Indonesia The sluggish national film business has been a great concern to the Indonesian people in general and the film makers and film distributors in particular. The situation will remains so as long as Indonesia is free to import Western films. A question now arises: Are we serious in handling the national films so that they become the host in their own country?

Plane price excessive

Plane price excessive JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of flag carrier Garuda Indonesia, has refused to procure 12 new Fokker F- 100 airplanes at US$32 million each because the price is regarded as excessive. Merpati's president, Ridwan Fatarudin, said here yesterday the company will not buy the airplanes at US$32 million per unit because their proper price is only $28 million each.

Clove farmers could face problems selling products

Clove farmers could face problems selling products JAKARTA (JP): Clove farmers will likely face difficulties in selling their produce this year because village cooperatives, which have been appointed by the government as collectors, may not be able to buy all their output.

Indonesian tourists rely heavily on travel agencies

Indonesian tourists rely heavily on travel agencies JAKARTA (JP): The majority of Indonesian outbound tourists are dependent on travel agencies when choosing travel destinations, booking airlines and arranging accommodations, a researcher says. Low Pok Geh, the San Francisco-based research director of the Pacific Asia Travel Association (PATA), said in the fourth PATA- Asia Business Forum here yesterday that Indonesian's main reason for overseas travel is seeking out new experiences.

Blue uniformed guards at airport

Blue uniformed guards at airport From Kompas On June 20, 1994, when about to fly home from the Soekarno- Hatta airport to a city outside Java by a Merpati airliner, my suitcase was double-checked at the X-ray inspection box by blue- coat guards who then ordered me to have it opened. After I obeyed one of them commanded, "Give us the video cassettes." I dug deep into the suitcase to bring out eight cassettes which I bought and wished to take home.

IPTN gets interest-free loan from forestry funds

IPTN gets interest-free loan from forestry funds JAKARTA (JP): Forestry minister Djamaloedin Soeryohadikoesoemo confirmed here yesterday that IPTN, the state-owned aircraft manufacturer, will receive Rp 400 billion (US$180 million) in an interest-free loan from his office to support the manufacture of N-250 aircraft.

Japan's surplus with Asia

Japan's surplus with Asia TOKYO (AFP): Japan's current account surplus with Asia grew 30.5 percent to US$56.9 billion in the year to March, surpassing its surplus with the United States for the first time, the finance ministry said yesterday. The surplus with non-communist Asian countries was almost entirely with the newly-industrialized economies of South Korea, Taiwan, Hong Kong and Singapore.

Factory security guard kills one employee, injures three others

Factory security guard kills one employee, injures three others JAKARTA (JP): An employee of an East Jakarta chemical factory was killed and three others were injured yesterday when one of the factory's security guards went berserk while investigating the loss of factory property. "The guard is still at large," said Lt. Col. Latief Rabar, spokesman for the city police, yesterday. The gruesome incident took place at "PT Surya Makmur" factory in Tipar, Cakung district.

Ivanisevic rises to world no. 2

Ivanisevic rises to world no. 2 JAKARTA (JP): Croatian Goran Ivanisevic leap-frogged world ratings to a career-high of two from five in the men's singles rankings, issued by the Association of Tennis Players (ATP), yesterday, as American Pete Sampras continued his domination of men's tennis. Ivanisevic earned the second spot, formerly held by German Michael Stich, after reaching the finals of the Wimbledon championships. The hard-hitting Croat poured on 25 aces but lost 6-7.

Ethnicity explosive issue, rights campaigner warns

Ethnicity explosive issue, rights campaigner warns JAKARTA (JP): Ethnicity, religion and ideology remain explosive issues that Indonesia should seek to diffuse, a prominent human rights campaigner warns. Such issues have the potential to trigger conflicts that may undermine the nation's integrity, Adnan Buyung Nasution told a seminar here on Sunday. Indonesia is home to about 185 million people, comprising more than 300 ethnic groups who speak some 200 languages.

RI set sights low for Malaysia Open in Johor Baru

RI set sights low for Malaysia Open in Johor Baru JAKARTA (JP): Fifty of Indonesia's badminton players left for the Malaysia Open championships in Johor Baru, yesterday, with slim prospects of continuing their winning ways after their victorious Thomas and Uber Cup campaigns. "We're not putting too much pressure on our shuttlers at the tournament," RAJ Gosal, secretary general of the Badminton Association of Indonesia (PBSI), said yesterday.

Irian still needs missionaries

Irian still needs missionaries JAYAPURA, Irian Jaya (JP): Foreign missionaries, especially from Protestant denominations, are still required by the government to help serve and develop the local community, a local official says. Head of the provincial office of the Ministry of Religion, R.S. Soengkono, was quoted by Antara as saying that the missionaries are needed to build churches and serve in the hinterland.

Koestarto to hold

Koestarto to hold solo exhibition R.M. Koestarto, a self-taught painter known for his impressionistic works, will hold a solo exhibition at the World Trade Center here from July 18 to 20. The three-day exhibition will feature at least 100 works of the painter. "Part of the proceeds from the painting exhibition will be donated to social organizations," said the painter, who is also an employee of the Ministry of Transmigration, at a press conference on Saturday. (has)

Family doctor

Family doctor From Suara Karya Suara Karya's editorial on June 25, 1994 entitled Challenges to doctors indirectly supports the development of the Family Doctors program in Indonesia. Doctors who are interested in this program are grouped in an institution called College of Indonesian Family Doctors. The group was established in 1991, but it has made slow progress so far.

Hotel revenues going down

Hotel revenues going down JAKARTA (JP): Revenue per available hotel room in both Jakarta and Bangkok decreased over the past three years, while at the same time increasing in other Southeast Asian cities, a hotel consulting firm says. The Asia-Pacific Hotel Investment Monitor, a publication issued by the Hong Kong-based PKF Consulting, said that PKF is ushering in a new measuring device for tracking hotel performance in the region, called the Pacific Rim hotel index, or Paridex.