Indonesian Political, Business & Finance News

Archive: 18 August 1994

53 articles found

National stability under threat: Wahono

National stability under threat: Wahono JAKARTA (JP): House Speaker Wahono warns that poor human resources, low productivity, unemployment and foreign interference may threaten the stability that Indonesia yearns to develop.

Success and challenges

Success and challenges President Soeharto's annual State of the Nation Address to mark Independence Day, besides serving as contemplation of our statehood experience over the last year, also gives an accounting of the overall development in the 1993-1994 fiscal year that ended last March.

RI foreign policy enters a new phase

RI foreign policy enters a new phase JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that the start of the Second Long Term Development Plan (PJPT II) marks a new era in the country's foreign policy.

Incentives planned for bank mergers

Incentives planned for bank mergers JAKARTA (JP): Minister of Finance Mar'ie Muhammad announced Tuesday that the government will offer incentives to encourage small banks to merge among themselves or with larger ones.

1,422 criminals regain their freedom this year

1,422 criminals regain their freedom this year JAKARTA (JP): The 49th anniversary of Indonesia's Independence Day yesterday saw 1,422 convicts walk to freedom. While for 15,379 others, the day brought them one step closer to a return to society.

Indonesia's Yayuk moves to Canadian Open third round

Indonesia's Yayuk moves to Canadian Open third round MONTREAL (Agencies): Indonesia's Yayuk Basuki continued her successful preparation for the U.S. Open by beating 10th seed Magdalena Maleeva of Bulgaria 6-4, 2-6, 6-3 to reach the third round of the US$750,000 Canadian Open here on Tuesday.

Independence Day reflection

Independence Day reflection Every time we observe our Independence Day we have to thank God for we have succeeded in improving our economy so that the level of the people's prosperity is raised, the number of people living below the poverty line has decreased and infra-structures have been built...

Refugees to leave Galang Island by 1995: Official

Refugees to leave Galang Island by 1995: Official JAKARTA (JP): A Ministry of Foreign Affairs official says he is confident that Galang Island in the Riau archipelago will be free from Vietnamese and Cambodian boat people by 1995.Director of Security F.

Small change withheld

Small change withheldFrom MerdekaNot giving small change has become a habitual practice among some cashiers of the state electricity company, PLN, especially the cashiers at the company's office in Depok.When they don't return larger amounts of money it becomes a problem.

Investing on convicts pays

Investing on convicts pays JAKARTA (JP): People with money to spare might want to consider an offer from Central Java Governor Soewardi -- invest in a business run within the confines of prison facilities.

Typhoon `Fred' threatens RP

Typhoon `Fred' threatens RP MANILA (AFP): Typhoon Fred, packing maximum winds of 120 kilometers (74 miles) an hour, was bearing down on the extreme northern Philippines yesterday, the weather bureau here said.

Chinese cautious of Brazil's challenge

Chinese cautious of Brazil's challenge JAKARTA (JP): Chinese spikers rated Brazil their toughest competition in the first leg of the world women's volleyball grand prix championship which starts here tomorrow.

Village funds misappropriated

Village funds misappropriated SEMARANG, Central Java: A local councilor said that the funds under a presidential aid program earmarked for poor villages have been misappropriated by officials.Deputy chief of Commission A at the Central Java legislative council Djihad Mahya said strong indications...

Great tasks face the nation in the next 25 years

Great tasks face the nation in the next 25 years Following are excerpts from the provisional translation of President Soeharto's State Address delivered at the plenary session of the House of Representatives (DPR) on Aug. 16 on the occasion of Indonesia's 49th Independence Day on Aug. 17.

Police foil gambling

Police foil gambling PONTIANAK, West Kalimantan: Police have arrested four men suspected of organizing gambling activities at a three-star hotel.One of the detainees is a Malaysian citizen, according to Antara.

Joop promises open tender for 2 million telephone lines

Joop promises open tender for 2 million telephone lines JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave vows that the tender for the installation of two million telephone lines in the coming five years will be open and transparent.

DPR wants govt to consult before imposing protection

DPR wants govt to consult before imposing protection JAKARTA (JP): Members of the House of Representatives (DPR) have urged the government to consult the legislative body before imposing any tariff protection policy for industrial ventures to avoid irregularities or collusion with businesses.

President Soeharto remarks on openness triggers debate

President Soeharto remarks on openness triggers debate JAKARTA (JP): President Soeharto's reiteration on Tuesday of the need to maintain political stability sparked debate on whether the government intends to close the gates of political openness.

DPR, economist urge review of policy on greater equity

DPR, economist urge review of policy on greater equity JAKARTA (JP): A noted economist and members of the House of Representatives (DPR) are urging the government to review its policy on redistribution of income and development of small businesses so that greater social and economic equity can be...

Success in business

Success in business I believe if we are to succeed in life we must be endowed with a good measure of "good luck". Many rich and successful Indonesian business people, who are affluent even according to international standards, do not possess the two basic requirements for business, namely...

New Italian diner at Mandarin

New Italian diner at Mandarin Pasta and pizzas are being served around the clock at the new Zigolini Italian Restaurant and Bar which replaces the Club Room at the Mandarin Oriental Hotel in Central Jakarta.

Malaysia gropes soccer bribery

Malaysia gropes soccer bribery KUALA LUMPUR (AFP): Malaysia's police and anti-corruption agency will screen all local teams participating in the national premier league amid widespread allegations of match-fixing, officials said yesterday.

Free IDs for elderly people

Free IDs for elderly people South Jakarta Mayor H. Pardjoko handed out free citizenship documents to 50 elderly people in connection with Independence Day celebrations.The 50 elderly people, who live in Kebayoran Baru, received the IDs at a ceremony in the auditorium of the mayor's office on...

KL lifts ban on currency swaps for foreigners

KL lifts ban on currency swaps for foreigners KUALA LUMPUR (AFP): Malaysia's central bank has announced an end to a six-month old ban on swap deals by banks with non- residents in another move to woo back foreign funds and prop up the local fledgling capital market.

Police bust drug traffickers

Police bust drug traffickers PALEMBANG, South Sumatra: Local police have foiled attempts by five different people to distribute marijuana in the area, seizing 40 kilograms of marijuana in all.Spokesman for the Southern Sumatra Police, Capt. Karno, told Antara that one suspect was apprehended on Aug.

Artists International back to aid Red Cross

Artists International back to aid Red CrossBy Gus Kairupan JAKARTA (JP): They were back again, the Artists International, a group of opera singers that undertakes tours every year to Asian countries under the auspice of the Sime Darby Group, the main sponsor behind the 4-year old event.

Operation of night transportation okayed

Operation of night transportation okayed JAKARTA (JP): Governor Surjadi Soedirdja has given the green light to a municipal agency's plan to operate public transportation vehicles at night to support the city's service and trade sectors.

Chrisye to perform at JHCC tomorrow

Chrisye to perform at JHCC tomorrow Melancholic singer Chrisye will perform a solo show at the Plenary Hall of the Jakarta Hilton Convention Center tomorrow.Sammy W., the marketing supervisor for the concert, said Tuesday it will be jointly sponsored by the private television broadcaster RCTI and...

Government may impose tax on CPO exports

Government may impose tax on CPO exports JAKARTA (JP): The government is mulling over the imposition of a progressive tax on exports of crude palm oil (CPO) to guarantee an adequate supply of the commodity on the domestic market.

Chinese in school curriculum

Chinese in school curriculumFrom Media IndonesiaThe recent government decision to allow tourist brochures with Chinese characters is too superficial.Looking at regional realities the government should also include Japanese characters in its decision judging from the economic potential of these two...

Senior journalist dies

Senior journalist dies JAKARTA: Djohan Akbar, a senior journalist for a number of press publications, died on Tuesday of pneumonia.Djohan was 74 years of age. He is survived by his wife, eight children and seven grandchildren. He was buried yesterday in Pasar Minggu.

Agreement on tiger breeding signed

Agreement on tiger breeding signed BOGOR (JP): The management of Taman Safari Indonesia, the company managing the Safari zoological park in Cisarua, Bogor, and PT Crown Pacific Jaya signed a memorandum of understanding for funding on Tuesday.

Superbike riders arrive here

Superbike riders arrive here JAKARTA (JP): All but one of the overseas participants arrived here yesterday for Sunday's international superbike race at Sentul circuit in West Java.American world champion Scott Russell delayed his arrival until today while his closest rivals Carl Fogerty of England...

No permits for unscrupulous developers, Surjadi warns

No permits for unscrupulous developers, Surjadi warns JAKARTA (JP): Governor Surjadi Soedirdja has said that the city administration will not give new permits to property developers who refuse to construct social and public facilities.

KL's TA stockbrokers expand into RI

KL's TA stockbrokers expand into RI KUALA LUMPUR (AFP): Malaysian-based TA Securities yesterday said it was buying an 85 percent stake in an Indonesian stockbroking firm, Swadana Cipta Efekindo (SCE), to become the third brokerage to expand into Indonesia in the last three months.

Garuda still using baggage firm despite press barrage

Garuda still using baggage firm despite press barrage JAKARTA (JP): Garuda Airlines is unlikely to terminate its contract with the company entrusted with baggage handling at the Soekarno-Hatta International Airport despite allegations employees have been rifling passenger's bags.

Census of street traders planned

Census of street traders planned The city administration will soon hold a census of street traders in order to get accurate data on the number of people doing business in this informal sector.Kasirin, a subdivision head at the City Population Office, told The Jakarta Post on Tuesday that...

Jakarta receives award for achievement in development

Jakarta receives award for achievement in development JAKARTA (JP): Jakarta has been named a recipient of the long awaited Parasamya Purnakarya Nugraha, a meritorious award given to provinces for the most outstanding achievement in development over the past five years.

Stock Exchange

Stock Exchange JAKARTA (JP): The price surge continued on the Jakarta Stock Exchange (JSX) on Tuesday, with most shares booking significant gains in active trading.The broad-based Composite Index rose by 5.5 points to close at 483.59 on Tuesday, as compared to 478.03 on the previous day.

SBSI chief formally charged with inciting Medan riots

SBSI chief formally charged with inciting Medan riots JAKARTA (JP): Muchtar Pakpahan, the chairman of the outlawed Indonesian Prosperous Labor Union (SBSI), has been formally charged with inciting the riots in Medan last April.National Police Chief Spokesman Brig. Gen.

Returning workers told to be discreet with cash

Returning workers told to be discreet with cash JAKARTA (JP): City councilors are encouraging Indonesians returning from work assignments abroad to travel cash-light to better escape extortionists lurking around the Soekarno-Hatta airport.

Soeharto warns of danger of anarchy

Soeharto warns of danger of anarchy JAKARTA (JP): President Soeharto says Indonesia must move cautiously towards democracy given the nation's huge diversity and brief experience at nation building."What we really need is a responsible openness," Soeharto said in his State of the Nation address on...

Japanese firms win RI jobs

Japanese firms win RI jobs TOKYO (AFP): Three major Japanese trading firms have each won orders from the Indonesian government to build thermal power plants in Java by 1997 worth a total 180 billion yen (US$1.8 billion), company spokesmen said yesterday.Marubeni Corp.

W. Jakarta plans laser disc inventory

W. Jakarta plans laser disc inventory The West Jakarta Office of the Ministry of Information will hold a mayoralty-wide inventory at shops selling and renting laser discs.Muhayat, the head of the West Jakarta information office, said yesterday the inventory is aimed at preventing the distribution...

Merbabu forests razed by fire

Merbabu forests razed by fire SALATIGA, Central Java: Several hectares of forest on Mount Merbabu in Ampel and Getasan districts have been destroyed by fire.The authorities are still investigating the cause of the fire.

KL to auction sunken treasure

KL to auction sunken treasure KUALA LUMPUR (Reuter): Malaysia will auction in Amsterdam $20 million worth of treasure recovered from a British ship that sank in the Straits of Malacca in 1817, the Star newspaper said yesterday.

Free buses attract people

Free buses attract people SURABAYA, East Java: Hundreds of people enjoyed free bus rides on Wednesday during the celebration of Indonesia's 49th Independence Day.Bus companies allowed passengers to travel free to mark the holiday.

CONDOLENCES

CONDOLENCES The management and staff of The Jakarta Post express their deepest condolences on the death of Mr. Djohan Akbar, former member of the editorial staff of the newspaper, in Jakarta on Aug. 16, 1994.

KL bans gays on TV programs

KL bans gays on TV programs KUALA LUMPUR (AFP): Malaysia has banned homosexuals and transvestites from appearing on the country's state-run television network, Radio Televisyen Malaysia (RTM), a top official said yesterday."Any artiste who is proven to be a gay will come under the ban.

More low-cost apartments needed

More low-cost apartments needed JAKARTA (JP): A deputy governor wants PD Pembangunan Sarana Jaya, a city-owned construction company, to build more low-cost apartments to meet the escalating demand for housing among the low-income bracket.

Proton to enter Europe

Proton to enter Europe KUALA LUMPUR (AFP): Malaysian national car maker, Proton, said yesterday it was appointing distributors in France, Germany, Belgium and the Netherlands in a bid to penetrate the European market.

Mahathir to discuss yen with Murayama

Mahathir to discuss yen with Murayama KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad said he would raise Malaysia's trade and investment problems with Japan during talks with his Japanese counterpart Tomiichi Murayama, scheduled to arrive here next week.

Councilors want city parks to be rebuilt soon

Councilors want city parks to be rebuilt soon JAKARTA (JP): The City Council is urging the City Park Office to speed up the implementation of programs concerning areas formerly designated for green areas but which were used for the development of gas stations and other projects instead.