Indonesian Political, Business & Finance News

Archive: 10 August 1994

54 articles found

RI opens ties with Tajikistan

RI opens ties with Tajikistan JAKARTA (JP): Indonesia has formally opened diplomatic ties with Tajikistan, a former republic of the Soviet Union in Central Asia, the Ministry of Foreign Affairs announced yesterday. A joint communique on the opening of ties was signed in Moscow on July 27 by Rachmat Witoelar, the Indonesian ambassador to Russia, and his Tajikistan counterpart Abdullajanov Abdulmalik.

Councilors oppose proposed hike in transportation fares

Councilors oppose proposed hike in transportation fares JAKARTA (JP): City councilors oppose the proposal by the Jakarta Chapter of Land Transportation Owners' Organization (Organda) to increase public transportation fares in the city. "I do not see any reasonable grounds for increasing public transportation fares," Aliwongso, a member of Commission D, a city council commission in charge of development affairs said yesterday.

Bakrie signs deal for Taman Rasuna project

Bakrie signs deal for Taman Rasuna project JAKARTA (JP): PT Catur Swasakti Utama (PT CSU), a subsidiary of the widely diversified Bakrie Group, has finalized a Rp 500 billion (US$230 million) deal for the immediate construction of 17 tower blocks of the Taman Rasuna Apartments in Kuningan, South Jakarta. PT CSU signed a contract with three developers, including the French developer Dragages et Travauxs Public (DTP), at a ceremony on Monday.

NGOs oppose govt plans to regulate their activities

NGOs oppose govt plans to regulate their activities By Lewa Pardomuan JAKARTA (JP): Several outspoken non-governmental organizations (NGOs) are voicing their opposition to the government's plan to monitor their activities through a presidential decree out of fear it will become a tool to restrict them. "No doubt about it.

Poor rugby coverage

Poor rugby coverage Although we learned in Monday's Jakarta Post that Springbok's rugby team coach and manager are to be sacked following the test series loss to New Zealand, it is without success that I searched for a report on the third test held last Saturday in Auckland between New Zealand and South Africa. There is generally poor rugby (or cricket) coverage in The Jakarta Post. A more comprehensive cover would be appreciated. PHILIP RICH Jakarta

Foreign VIPs to attend festival

Foreign VIPs to attend festival YOGYAKARTA: A number of foreign ambassadors are expected to attend the opening ceremony of the week-long "Festival Kraton 1994" will gets underway this Saturday. The festival will bring together the arts and cultures of seven Javanese royal kingdoms. Ambassadors who have confirmed attendance include those from Malaysia, Singapore, England and the Netherlands, the organizers said.

Islamic sect banned for crossing political line

Islamic sect banned for crossing political line By Bill Tarrant KUALA LUMPUR (Reuter): At a gathering of his disciples on the Islamic New Year on June 11, Ashaari Muhammad, leader of a now outlawed mystical Sufi sect, outlined his plan to take power in Malaysia. For Ashaari it was the fulfillment of an ancient prophecy. For the government of multiracial Malaysia it was the talk of a megalomaniacal religious fanatic with the potential for unleashing a sectarian nightmare.

Water level drops in Jatiluhur

Water level drops in Jatiluhur PURWAKARTA, West Java: Officials expect the Jatiluhur dam to continue to be able to provide water to local rice fields despite a severe drop in its water level. Director of the Jatiluhur Authority Muhamad Ulama said the water level has fallen by between eight and nine meters, but stressed that such a reduction is considered usual during the dry season.

Prostitutes take over city taxis

Prostitutes take over city taxis SEMARANG, Central Java (JP): The city's more sophisticated prostitutes, driven away from their brothels by a police anti- vice unit crackdown, have worked out a new way of offering their services -- they operate from cabs. The women, who charge their customers between Rp 100,000 and Rp 700,000, are driven around the city in the taxis, while waiting for orders from their pimps.

Political elite

Political elite While approaching the observance of Independence Day, it seems necessary for us to evaluate our political development and consciousness because they are the vital factors on which we have based our struggle prior to and after the proclamation of independence. Although the circumstances during the above periods are different, the ethical and cultural principles which are attuned to our democratic system should be nurtured and preserved.

Australian plane to be sent back

Australian plane to be sent back AMBON, Maluku: The wreckage of a Catalina plane belonging to the Royal Australian Air Force, which crashed in Buru island in 1944 during the World War II, will be returned to Australia on Thursday. Antara reported that the wreckage was salvaged by a special team from Australia which arrived at the site on Aug. 2. The team also diffused six bombs and removed a number of weapons from the site. (par)

Hopes for ASEAN

Hopes for ASEAN From Bisnis Indonesia ASEAN (Association of Southeast Asian Nations) celebrated its 27th anniversary on Aug. 8. Twenty-seven is surely a mature age for ASEAN. It should be admitted that ASEAN is a solid and compact grouping, one relatively without friction. We hail its accomplishments. However, the world's political and economic maps have changed. The end of the Cold War has caused the West to turn away from its allies and focus its attention on internal or regional affairs.

Marsillam fights ghost from Indonesia's past

Marsillam fights ghost from Indonesia's past Pandangan Negara Integralistik Marsillam Simandjuntak Publisher: PT Pustaka Utama Grafiti, 1994 284 pages JAKARTA (JP): Has anyone noticed that hidden beneath the thick, almost invisible smog of political tension, a ghost from the country's past has been brought back from obscurity to haunt the democratization process?

Japanese legislators in town en route to East Timor

Japanese legislators in town en route to East Timor JAKARTA (JP): Five Japanese legislators from the Social Democratic and Liberal Democratic parties are currently in town to meet with their Indonesian counterparts and government officials en route to East Timor. The legislators, accompanied by three Japanese journalists, arrived yesterday and are scheduled to meet with House members and Minister of Foreign Affairs Ali Alatas today, the ministry's spokesman, Irawan Abidin, told The Jakarta Post.

1,000 Pertamina employees ask for early retirement

1,000 Pertamina employees ask for early retirement JAKARTA (JP): Some 1,000 employees of the state oil company Pertamina who are on the verge of receiving their pensions have requested retirement under the company's streamlining program, which is aimed at improving efficiency. "Around 90 percent of the employees requesting early retirement are of low rank and most of them are more than 45 years old," Pertamina's junior director for general affairs, R.M.

Bapepam plans to attract more local investors

Bapepam plans to attract more local investors JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) will work to make the country's stock exchanges more attractive to local investors, the agency's chief said. Bacelius Ruru told reporters here on Monday that domestic investors need to improve their role in daily trading to stabilize the capital market because 70 percent of daily transactions are now dominated by foreign investors.

Suspect nabbed for stabbing a Pakistani warship sailor

Suspect nabbed for stabbing a Pakistani warship sailor JAKARTA (JP): Police announced yesterday that they have nabbed the alleged attacker of a crew member of a Pakistani warship, which is in the city for a week-long, goodwill visit. The suspect, identified as Agustinus TW, was taken into custody at around 10 a.m. yesterday at the traffic light near the Enggano Billiard pool-hall on Jl. Enggano, North Jakarta. The 22- year-old man is a technical high school drop-out who lives on Jl.

By Santi WE Soekanto

By Santi WE Soekanto Fusion in PPP fails, no change imminent: Analysts JAKARTA (JP): The constant factional bickerings within the United Development Party (PPP) prove that the 1973 merge of its four original Moslem groups has miserably failed, two analysts said. Dr.

Asia-Pacific business leaders to meet in Jakarta

Asia-Pacific business leaders to meet in Jakarta JAKARTA (JP): More than 100 business leaders from 15 members of the Asia-Pacific Economic Cooperation forum have confirmed their participation in the first Asia-Pacific business meeting scheduled here on Aug. 24-25, the Organizing Committee announced yesterday. "We expect more participants to come in before the registration deadline in the next few days," said Aminuddin, chairman of the committee.

`Rose of Thailand' no longer so sweet

`Rose of Thailand' no longer so sweet BANGKOK (AFP): The northern Thai provincial capital of Chiang Mai, once dubbed the "Rose of Thailand," is wrestling with a thorny question these days: where to dump its trash. Chiang Mai administrators ran out of dumping sites two weeks ago and have been unable to find any new ones, according to local dailies and Thai television.

Police told to stop knocking in doors

Police told to stop knocking in doors KEBUMEN, Central Java: Tourist officials are appealing to the police to be more discrete in conducting raids against illicit sex at local hotels. Adiasto Narendroputro, the local tourist office chief, said police should not simply push in doors and storm into rooms, but should ask for permission from the hotel operators to check the rooms. In one recent raid, police arrested 15 unmarried couples, including teenagers, Antara news agency reported.

Kadin pledges to take heed of green business

Kadin pledges to take heed of green business JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) yesterday pledged to pay greater attention to the preservation of the environment. The chamber yesterday renewed an agreement with the Office of the State Minister of Environment for cooperation in a number of programs, which are designed to enhance the protection of the environment by businesses.

Domestic resources are expected contribute 93% of investment

Domestic resources are expected contribute 93% of investment JAKARTA (JP): Domestic resources are expected to contribute 93 percent of the Rp 102.1 trillion (US$47.05 billion) in investments needed for economic development this fiscal year, Bank Indonesia Governor J. Soedradjad Djiwandono said here yesterday.

Indonesia needs to build its own cultural industry

Indonesia needs to build its own cultural industry JAKARTA (JP): Indonesia needs to build its own cultural industry -- one that promotes local values -- to counter the influx of foreign cultures, a senior official of the Ministry of Education and Culture says. Director General of Culture Edi Sedyawati told a seminar yesterday that the penetration of foreign cultures is inevitable because of the increasing number of imported foreign television programs being screened by local stations.

Eight government universities make transmigration studies

Eight government universities make transmigration studies JAKARTA (JP): Eight government universities have agreed to conduct a number of studies for the Ministry of Transmigration to find ways of improving the living conditions of settlers.

PD Sarana Jaya builds apartments

PD Sarana Jaya builds apartments The city-owned construction company, PD Sarana Jaya, has constructed eight apartment buildings to meet the escalating demand on housing facilities for low-income bracket people. Thamrin Djamain, the president of the company, said Monday the eight buildings had a total of 2,934 units.

SGS assignment questioned

SGS assignment questioned It obviously ran counter to our national sense of pride to have been forced, by decades of bitter experiences, to distrust our own customs service. And it was quite regrettable that economic imperatives compelled us to vest part of our customs inspection authority with a foreign entity -- the Geneva-based Societe Generale de Surveillance (SGS) inspection company.

17 more national athletes qualify for 12th Asian Games

17 more national athletes qualify for 12th Asian Games JAKARTA (JP): The national sports governing body (KONI) gave the green light for 17 athletes to join the national squad for the 12th Asian Games in Hiroshima yesterday.

Govt defends hiring of SGS surveyor

Govt defends hiring of SGS surveyor JAKARTA (JP): The government yesterday defended the hiring of the Geneva-based Societe Generale de Surveillance (SGS) to inspect Indonesia's imports as a means of maintaining the smooth inflow of goods and preventing corruption and red tape.

Proposal on PPP debate rejected

Proposal on PPP debate rejected JAKARTA (JP): Ismail Hasan Metareum, the incumbent chairman of the United Development Party (PPP) and the leading candidate for the leadership election later this month, yesterday rejected calls by his rivals for a public debate ahead of the election. Ismail Hasan argued that such debates were "unusual" and had not been part of the party's tradition.

Land digging

Land digging From Neraca I would like East Jakarta Mayor Soedarsono to listen to the residents of Pondok Kelapa concerning the land excavation in this area. It has been going on for a long time. The earth is used to raise the level of the ground in front of the new campus of Dharma Persada University. The residents are disturbed by the constant noise of the trucks and the digging will also damage the environment. Yet the authorities remain silent and seem to protect the project.

Violinist Idris Sardi: Discipline, awareness, farewell

Violinist Idris Sardi: Discipline, awareness, farewell By Lenah Susianty JAKARTA (JP): In Indonesia's music world, violin means Idris Sardi. Ask people on the street to name an Indonesian violinist and Idris Sardi will top the list. "Idris Sardi and the violin have blended together and become an image," said Suka Hardjana a musician and music observer who prefers to put "jobless" as his profession on his card.

Islamic council certifies products from giant Indofood

Islamic council certifies products from giant Indofood JAKARTA (JP): The Indonesian Ulemas Council (MUI) yesterday certified as halal (fit for consumption by Moslems) a wide range of products from giant food manufacturer PT Indofood Sukses Makmur.

Yor's arrest was not politically motivated: Hendro

Yor's arrest was not politically motivated: Hendro JAKARTA (JP): Chief of the Jakarta branch of the Agency for the Coordination of Support for National Stability (Bakorstanasda Jaya), Maj. Gen. Hendropriyono, yesterday denied that the arrest of Yor, the head of a leading national youth organization, was politically motivated. "It's not true that Yor's arrest was politically motivated. He was arrested for gambling and gambling only," the two-star general who is popularly known as Hendro insisted.

RP farmers dump rotten eggplants

RP farmers dump rotten eggplants MANILA (Reuter): Angry farmers dumped sacks of rotten corn, bananas and eggplants outside the Philippine Senate yesterday, demanding the assembly reject the GATT world trade accord. "This is what will happen to us. All our produce will rot if the treaty is ratified," a rally leader shouted as he and dozens of other protesters emptied the sacks onto the Senate driveway.

Extortionists disappear from Soekarno-Hatta

Extortionists disappear from Soekarno-Hatta JAKARTA (JP): Minister of Manpower Abdul Latief said yesterday that the notorious extortionists who used to prey on returning workers have completely disappeared from Soekarno-Hatta airport. "You can see that the system is again working well," an apparently satisfied Latief told reporters after touring the airport terminal.

Elephants destroy crops

Elephants destroy crops BANDAR LAMPUNG, Lampung: Elephants coming down from the Bukit Barisan National Park have been destroying the substantial food crops in West Lampung for the past three months. A number of village chiefs told Antara over the weekend that dozens of the beasts destroyed hectares of coffee and rice crops. Chief of the Negara Ratu village Ikhwan Z said that the elephants came down to the villages late in the afternoon and destroyed the crops throughout the evening.

Growth experience

Growth experience From Kompas My son and his friends were riding motorbikes at about 10 p.m. on July 31 in the Jabong area, Mekar-Parung, Bogor when they were knocked down by a passing Kijang car. Two of the motorbikes went down at that time and three of the riders are still in the hospital. The other went home after receiving medical treatment. We can only appeal to the driver to visit these people in the hospital before we resort to searching for him ourselves.

Fire destroys 150 houses

Fire destroys 150 houses PALEMBANG, South Sumatra: An early morning fire razed 150 houses in Mendahara Ilir village on Tuesday. There were no casualties in the biggest fire to hit the city this year, Antara reported. A police spokesman said the fire was put out about two hours after it started. Police are still investigating the cause of the fire. (par)

Hydrogen peroxide plant

Hydrogen peroxide plant JAKARTA (JP): The Risjad Brasali business group will establish Southeast Asia's biggest hydrogen peroxide plant in Bekasi, West Java, with an investment of Rp 170 billion (US$78.37 million). The planned plant is expected to start operating in early 1996 with a capacity of 30,000 tons per annum. About 60 percent of its production will be sold domestically with the remainder to be exported.

PT Pembangunan Jaya to go public in 1997

PT Pembangunan Jaya to go public in 1997 PT Pembangunan Jaya, a joint-venture company which manages Ancol Dreamland in North Jakarta, will go public in 1997. O.H. Panggabean, a deputy director of PT Pembangunan Jaya, told city councilors Monday during a visit to the recreation center that the company is now making preparations for the plan. PT Pembangunan Jaya was established by a number of prominent businessmen, including A.M. Dasaad, J.D. Masie, H.M.N.M.

Ho Chi Minh City to halve state firms

Ho Chi Minh City to halve state firms HANOI (AFP): Ho Chi Minh City is planning to halve the number of state enterprises under its administration by forcing weaker companies to close or merge by the end of next year, a report said yesterday. But the plan by the city's Directorate of Industries has come under fire, as state firms accuse it of being heavy-handed, while others say it is too weak to kill off mortally wounded companies, the Saigon Newsreader reported.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX), which gained ground last week, failed yesterday to maintain the upward trend. The market's Composite Index fell by 2.5 points to close at 469.92 yesterday from 472.40 on Monday. The narrow-based GTDBS-50 Index fell to 111.59 from 111.75. Yesterday's total trading significantly declined to 17.24 million shares worth Rp 76.98 billion (US$35.47 million) from 32.79 million shares valued at Rp 132.97 billion on Monday.

Train in vain

Train in vain From Neraca Every morning a great number of residents of Depok, a township of 385,000 people, travel to Jakarta by train. Many of them ride in economy class on Pakuan express trains of the state-owned railway company, Perumka. But what is disheartening me is that the management of the company shows little concern for passengers' problems in riding its trains, especially at the town's two stations, Depok Lama and Depok Baru. Only a few of the trains which depart before 8 a.m.

Jasa Marga: Thank you

Jasa Marga: Thank you From Neraca A couple of grannies completed their grueling trip at the end of the Semarang toll road in a 1969 Fiat sedan recently. They were exasperated as they finished the 70-kilometer drive from Boyolali in the old car with a leaky radiator. The car forced them to stop 10 times to fill a total of 20 big bottles of Aqua water. The Jasa Marga Patrol officers in Semarang who spotted them at 10 p.m.

Fire destroys 62 shops

Fire destroys 62 shops SOLO, Central Java: Fire destroyed a handicrafts center and 62 shops at Gilingan subdistrict Saturday, leaving some 57 families homeless and causing losses of approximately one billion rupiah. There were no casualties reported. The fire also gutted thousands of pieces of furniture in the shops and a mosque. At least 10 fire engines units deployed from the surrounding towns of Sukoharjo, Sragen and Karanganyar put out the blaze, but only after nearly four hours of work.

Seeing double

Seeing double From Bisnis Indonesia An article written by Sudar D. Atmanto entitled Kekeringan, deforestasi dan kemiskinan (Drought, deforestation and poverty) was published in Bisnis Indonesia on July 15, 1994. The following day, July 16, the same article by the same author appeared in the Kompas daily. In this case, Bisnis Indonesia, had nothing to lose. But the thing is, we question the practice of sending identical articles to different newspapers. What about the code of ethics in writing?

Unknown golfer takes early lead

Unknown golfer takes early lead JAKARTA (JP): A no-name from Yani Golf Club in Surabaya found himself atop the leader board by one stroke after the first round of the Jakarta Circuit championship at Halim II course yesterday. The long hitting Suwarno stroked three fine birdies against two bogeys for a 1-under 71 (35,36), placing him ahead of Jakarta Golf Club ace Daryono who carded a solid even par 72 (36,36).

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.

Clear sailing for host shuttlers in Indonesian Open

Clear sailing for host shuttlers in Indonesian Open by Hidayat Jati YOGYAKARTA (JP): Despite the absence of formidable foreign opposition and rampant walk-overs of provincial players in the Indonesia Open badminton championships, the mastery of leading Indonesian shuttlers is expected to enchant fans in this slow- paced mystical tourist town.

Search workers fiund first missing chopper

Search workers fiund first missing chopper JAKARTA (JP): Search and rescue workers sent out to comb the jungles of East Kalimantan for a helicopter that disappeared on July 26 instead found the wreckage of a chopper that had been missing since May. The wreckage belongs to a Sikorsky helicopter of registration number PK-OBS that went missing on May 5 with two people on board, Heru Legowo, head of the search operation, was quoted by the Antara news agency as saying yesterday.

Land for tidal wave victims

Land for tidal wave victims JAKARTA: The Ministry of Forestry has appropriated 16 hectares of land at the Meru Betiri National Park in Banyuwangi, East Java, for the victims of the recent tidal wave. The land was initially designed by the government for a company but the plan was withdrawn because there was no agreement between both parties. Forestry Minister Djamaludin Suryohadikusumo said President Soeharto supports the plan.

17-day contest on horticulture planned

17-day contest on horticulture planned The City Park Office will hold a contest on horticulture from Aug. 12 to 28 at the Banteng Square, Central Jakarta, the office's head, Syamsir Alam, announced yesterday. In order to lure visitors, Syamsir said the organizer will hold entertainment programs during the contest, which will feature flower and fruit arrangements, aquarium making contests, plant decorating contests and competitions on building decoration.

Unruly driver

Unruly driver From Media Indonesia Everyday I take a round trip on Metromini bus U-24 from Tanjung Priok to Senen via Sunter and Kemayoran. The number of buses on the route is adequate so that from 10:00 a.m. till 3:00 p.m. the buses often carry only a few passengers. It is not surprising that many buses stop a long time at certain bus stops waiting for more commuters to get on, which makes traveling time longer.