Indonesian Political, Business & Finance News

Archive: 20 September 1994

51 articles found

Border talks resume

Border talks resume JAYAPURA, Irian Jaya: Officials from Indonesia and Papua New Guinea resumed their discussions on Monday to delineate the border between the two countries. Antara reported that Irian Jaya Governor Basyir Bachtiar opened the latest round of Border Liaison Meetings with an appeal to all members to first try to resolve the decisions still pending from the last meeting in Rabaul, held on the other side of the border last July.

Govt vows to strengthen small firms

Govt vows to strengthen small firms JAKARTA (JP): President Soeharto said here yesterday that the government will further develop small and medium-scale enterprises (SMEs) into a stronger economic force in the next 25 years under the country's second long-term development program. Soeharto said that the role of SMEs is still relatively weak even though there has been an improvement in the structure of the country's economy.

Minister Latief wants `tailor made' training program

Minister Latief wants `tailor made' training program JAKARTA (JP): Minister of Manpower Abdul Latief yesterday appealed to all administrators of the government's vocational training centers to design their programs to meet the needs of industry. "We have to provide skills for workers that are being sought in the labor market," Latief said during a meeting with the heads of the vocational training centers.

U.S. tennis coach for Rasuna Club

U.S. tennis coach for Rasuna Club JAKARTA (JP): Leading American tennis coach Greg Hill will most likely be hired to develop top local players when the posh Rasuna Sports Club is finally completed early next year. Hill, a coach at the world renowned tennis center in Miami, Florida run by Nick Bolletieri, has had a hand in producing stars Andre Agassi, Jim Courier and Monica Seles.

Soeharto concerned with influx of Chinese medicine

Soeharto concerned with influx of Chinese medicine JAKARTA (JP): President Soeharto yesterday called on producers of traditional Indonesian herbal medicines, or jamu, to improve their products to stem the trend of people turning to traditional remedies from China.

Three convicts freed pending review of sentence

Three convicts freed pending review of sentence JAKARTA (JP): Three men convicted of murder seven years ago were released from jail in West Kalimantan yesterday as the Supreme Court is now reviewing their case amid suggestions that they were wrongly convicted. Lingah, 51, Pancah, 43, and Sumir, 33, who have all maintained their innocence to this day, were released on parole from the Ketapang Correctional Institution upon the order of the Director General of Correction Baharuddin Lopa.

RI adopting stiffer forestry regulations

RI adopting stiffer forestry regulations JAKARTA (JP): The government has tightened forestry regulations, threatening immediate cancellation of forest concessions for violators, including those who fence stolen logs. "The new regulations, under the Ministry of Forestry's Decree No.

Disgruntled woman castrates husband

Disgruntled woman castrates husband BOGOR (JP): A disgruntled 35-year old woman from Pasir Laja in Kedunghalang, Bogor, West Java, has castrated her husband, saying that a disloyal partner like him deserves such punishment. The woman, identified only as Mrs. El, severed her husband's penis, identified as Jon, 36, at their house on Saturday night, but medical staff from the Bogor Red Cross hospital managed to reattach the organ.

Indonesia, Hungary to sign agreement on air cooperation

Indonesia, Hungary to sign agreement on air cooperation JAKARTA (JP): Indonesia and Hungary will sign a memorandum of understanding on air transportation to accommodate the increasing number of visitors from Eastern Europe, an executive says.

Koja resident sues firm and governor for billions

Koja resident sues firm and governor for billions JAKARTA (JP): Hasam Saman, a North Koja subdistrict resident, is filing a lawsuit against the Jakarta governor and PT Pelindo demanding that the two pay him Rp 3 billion (US$1.37 million) each. PT Pelindo is a state-owned seaport company. "I request the honorable judge to decide that the defendants pay me Rp 3 billion each for the unlawful land appropriation which is causing me extreme mental anguish," said plaintiff S.M.

Kiblat to sue partner over land dispute

Kiblat to sue partner over land dispute JAKARTA (JP): The management of Kiblat magazine said they will file a law suit against their partner, the Indonesian Haj Pilgrimage Foundation (PHI), for arbitrarily terminating a working contract between the two parties. Hari Utomo, the circulation manager of Kiblat, told The Jakarta Post here yesterday that the Ya Bunayya Foundation, a co- publisher of Kiblat, and PHI had initially signed an agreement to jointly publish some Islamic bulletins in 1988.

Worried conductors protest over fare collection system

Worried conductors protest over fare collection system JAKARTA (JP): A 15-person delegation, claiming to represent over 1,000 conductors of the PPD city buses yesterday asked the House of Representatives to drop the new, draconian policy of the state-owned company. As a result of the firm's new policy, the delegation said that they stand to lose jobs due to the direct payment system which no longer requires any crewpeople to collect fares from passengers.

Home team sweept away from U-19 soccer semis

Home team sweept away from U-19 soccer semis JAKARTA (JP): Evening drizzle carried Indonesia's boys away from the 29th Asian Youth Under-19 soccer championship yesterday as they ended their last Group A match against Iraq with an upset goalless draw after a hard-fought, nerve-wracking battle. Playing in front of a 30,000-strong home crowd, the Indonesian boys, who desperately needed a win to march into the last four rounds, displayed tireless attacking soccer against Iraq's safe play.

$1.3b in aid for industrial projects

$1.3b in aid for industrial projects JAKARTA (JP): The Ministry of Industry will receive US$1.3 billion in technical assistance and grants from foreign creditors for 26 industrial projects next fiscal year. Minister of Industry Tunky Ariwibowo said in a hearing with Commission VI of the House of Representatives yesterday that almost half of the funds will be used to finance the construction of fertilizer, cement and textile plants.

Tansil hands over industrial ventures to govt

Tansil hands over industrial ventures to govt JAKARTA (JP): Eddy Tansil, who was convicted of swindling Rp 962 billion ($448 million) from the state-owned Bank Pembangunan Indonesia, has handed over three of his most prized industrial ventures to the government in order to repay his debts.

New bishop ordained

New bishop ordained AMBON, Maluku: Monseigneur Petrus Mandagi was ordained on Sunday to head the Amboina Roman Catholic Church, to replace Bishop Andreas Petrus Cornelius who is retiring after 30 years of service and dedication to the Maluku province. The ordainment ceremony -- held at the Sports Hall building -- was attended by Monseigneur Pietro Sambi, the Vatican ambassador to Indonesia.

1,600 new buses ready to cruise the city

1,600 new buses ready to cruise the city JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto told Commission V of the House of Representatives yesterday that the state-owned public bus transportation company Perum PPD will operate 1,600 gas-powered buses in Jakarta in the near future. "PPD will cooperate with private companies in operating the city buses," he said, adding that the private firms will include Intrass Jaya and Senawangi.

Critics expect much more from the Open University

Critics expect much more from the Open University JAKARTA (JP): The Open University (UT) marked its 10th anniversary yesterday but critics, including Minister of Education and Culture Wardiman Djojonegoro, say much more is expected of it. Critics said the Open University, which runs its courses using telecommunications, still retains the image of being a second- class college or an education of last resort.

Newsprint price to increase by 9.48% next month

Newsprint price to increase by 9.48% next month JAKARTA (JP): The government has allowed producers to raise newsprint prices by 9.48 percent to Rp 1,270 (58.28 U.S. cents) per kilogram next month due to increases in production costs, Minister of Industry Tunky Ariwibowo said here yesterday.

Thai minister defends Al Arqam

Thai minister defends Al Arqam BANGKOK (AFP): Deputy Interior Minister Den Tohmeena has defended the controversial Al Arqam Moslem sect, saying the group not only caused no trouble in Thailand but had brought in investments. Den made his statements ahead of a two-day visit by Malaysian Deputy Premier Anwar Ibrahim, whose government has banned Al Arqam and arrested key leaders under the Internal Security Act which allows detention without trial.

Chinese, Japanese relay teams shine at track and fields meet

Chinese, Japanese relay teams shine at track and fields meet JAKARTA (JP): Taking control from the gun shot the Chinese women's and the Japanese men's 4x400 relay teams yesterday wrested the gold medals in the prestigious races at the 5th Asian junior track and field championship. China's speed was unrivaled as second runner Wang Xuemei passed the baton to third runner Zhong Li while their rivals were on the heels of their team-mates.

Small businesses can grow with no protection, Lee says

Small businesses can grow with no protection, Lee says JAKARTA (JP): Singapore Deputy Prime Minister B.G. Lee said yesterday that small- and medium-scale enterprises (SMEs) are able to grow in the absence of government protection. Lee said that SMEs can grow in tandem with the rest of an open economy if they are progressively upgraded and assisted to adopt to new economic realities, without the government having to resort to direct protectionism.

S'pore to broadcast via satellite to Asia

S'pore to broadcast via satellite to Asia SINGAPORE (Reuter): Singapore is planning to launch its own satellite television channel to broadcast Asian programs around the region, a senior manager at the Singapore Broadcasting Corp (SBC) said yesterday. "We are looking at launching a satellite channel for distribution in the region, hopefully by the end of 1995," Lee Cheok Yew, SBC's assistant general manager, told the 1994 Pan Asia Television Industry Conference.

Indra's jazz show canceled

Indra's jazz show canceled A performance by the renowned jazz musician Indra Lesmana for Sept. 23 and 24 has been canceled due to lack of funds and a tight schedule, said the manager of Indra's group, Java Jazz. "There was too little time for us to be able to find sponsors," said Roy Mesmana, adding that the group has a number of other commitments.

Sex, corruption are the order of the day

Sex, corruption are the order of the day JAKARTA (JP): Sex scandals and corruption in government circles were two issues raised before State Minister of Administrative Reforms T.B. Silalahi during a hearing with Commission II of the House of Representatives (DPR) yesterday. Silalahi said his office receives up to 100 letters of complaints every month about "moral crimes" allegedly committed by civil servants.

Stability and progress

Stability and progress In a speech during the opening of the national conference of Pepabri -- the Indonesian Veterans Association -- President Soeharto stressed the importance of stability and security and asked that veterans and members of the Armed Forces continue to guard the national stability in general, the social security and order in particular.

A G30S white book?

A G30S white book? The plan to publish a white book, an official report of government affairs -- and the controversies which it will certainly raise -- may once again become the talk of the day. A fortnight ago a veteran politician and former leading figure of the Indonesian Nationalist Party (PNI), Manai Sophiaan, published his book, Homage where homage is due: Bung Karno Uninvolved in the G30S PKI Affair.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices closed mostly lower on the Jakarta Stock Exchange (JSX) yesterday after gaining ground on Friday. The broad-based Composite Index closed at 522.05, or 3.57 points lower than Friday's close of 525.62. The narrower-based GTDBS-50 Index also closed lower at 127.48, as compared to 128.57 on Friday.

Threat to Games persists after Lee's climbdown

Threat to Games persists after Lee's climbdown TAIPEI (AFP): President Lee Teng-hui of Taiwan yesterday officially scrapped a controversial plan to attend next month's Asian Games in Japan, but the move did not appear to lessen the threat of a Chinese boycott of the prestige event.

TV Today

TV Today TVRI 2:00 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 TV Series: International Family Classic 4:30 Iptek 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Program 7:00 Evening News 7:30 Insight 8:05 Drama 9:00 World News 9:30 Music 11:05 Late News 11:15 Film : Tales That Witness With Madness Program 2 4:30 p.m.

Trial of SBSI union leader starts

Trial of SBSI union leader starts JAKARTA (JP): The leader of the Indonesian Prosperous Labor Union (SBSI), Muchtar Pakpahan, went on trial yesterday in Medan, North Sumatra, on charges of inciting workers to resort to violence, leading to the massive riot in that city last April. The 41-year-old Pakpahan appeared at the Medan District Court amid tight security. Police and military officers were deployed around the provincial capital to prevent possible demonstrations by his supporters.

Formation of ASEAN parliament urged

Formation of ASEAN parliament urged MANILA (Reuter): The Philippines yesterday called for the formation of a regional parliament to pass laws to combat the spread of AIDS and drug addiction. Congress Speaker Jose de Venecia urged parliamentarians from the Association of Southeast Asian Nations to study the feasibility of setting up an ASEAN parliament by the turn of the century.

Czech Premier scheduled to visit Jakarta on Oct. 3

Czech Premier scheduled to visit Jakarta on Oct. 3 JAKARTA (JP): Czech Prime Minister Vaclav Klaus is scheduled to make a three-day state visit to Indonesia on Oct. 3 at the invitation of President Soeharto. Klaus will be accompanied by his deputy prime minister, the deputy foreign minister, and the deputy minister for industry and trade along with an entourage of over 50 businessmen, the Czech embassy here announced.

Hungarian President talks business

Hungarian President talks business JAKARTA (JP): Hungarian President Arpad Goncz got straight down to business upon his arrival here yesterday, after taking time off with his wife to spend the weekend on the holiday island of Bali. Following a military 21-gun salute at Merdeka Palace, where he was greeted by President Soeharto, Goncz kicked off his two-day state visit by going directly to work on promoting bilateral economic ties.

Bids for telecoms project

Bids for telecoms project TOKYO (AFP): Three major Japanese trading firms have lodged bids to participate in construction of a large Indonesian telecommunications network, company officials said yesterday. Mitsui and Co. lodged its bid in partnership with Bell Canada International, Kanematsu Corp. joined with Cable and Wireless plc of Britain, and Tomen Corp. has linked up with Ninex Corp. of the United States. Other big Japanese trading houses -- Nissho Iwai Corp. and Marubeni Corp.

Major reshuffle at City Police

Major reshuffle at City Police A number of senior city police officials, including heads of police precincts in the city's five mayoralties, will be replaced this month. The official announcement has yet to be made but reliable sources at the city police headquarters said yesterday that among officials to be replaced are heads of the Tangerang, Depok, East, South and Central Jakarta police precincts and the Tanjung Priok Port Security Force (KP3). South Jakarta police precinct head Lt. Col.

ASEAN moves AFTA five years ahead of schedule

ASEAN moves AFTA five years ahead of schedule BANGKOK (AFP): Economy ministers of the Association of Southeast Asian Nations (ASEAN) said yesterday they would enact a comprehensive trade tariff agreement by 2003, five years ahead of schedule, Thai television reported. The ASEAN Free Trade Area (AFTA), which requires preferential tariffs of zero to five percent for trade between ASEAN-member countries, was also expanded to cover unprocessed agricultural products, state-run Channel 7 reported.

Kebon Sirih could be more beautiful

Kebon Sirih could be more beautiful From Neraca Taking a stroll along tree-lined Jalan Kebon Sirih is enjoyable now. The pavement is wide, the street is free from pot holes, and the telephone boxes in the street have an artistic touch. Unfortunately, there are some things which keep bothering me.

Goldstar to establish cathode ray tube factory in Bekasi

Goldstar to establish cathode ray tube factory in Bekasi JAKARTA (JP): Goldstar Co. Ltd. of South Korea, in cooperation with PT Astra International, will start to construct a cathode ray tube (CRT) plant in Bekasi, West Java, with an investment of US$165 million in December.

Try Sutrisno to leave for Australia for three-day visit

Try Sutrisno to leave for Australia for three-day visit JAKARTA (JP): Vice President Try Sutrisno will leave for Australia tomorrow for a three-day visit at the invitation of Australian Foreign Minister Gareth Evans. Try is scheduled to meet with the Australian Governor General Bill Hayden, Prime Minister Paul Keating and Evans, the Australian embassy said yesterday.

Darya-Varia offering new shares

Darya-Varia offering new shares JAKARTA (JP): The pharmaceutical company PT Darya-Varia Laboratoria is offering 10 million new common shares to the public to raise funds to finance its expansion programs.

Prudential's investment

Prudential's investment SINGAPORE (AFP): Prudential Asia Investments Ltd., the investment arm of Prudential Insurance Co. of America, said yesterday it has raised US$261 million for private equity investment in the Asia-Pacific region. The Prudential Asia Private Equity Ltd. Fund would be used to purchase stakes in private enterprises in Hong Kong, China, Taiwan, Singapore, Malaysia, Thailand, Indonesia, the Philippines, Japan and Australia, officials said.

Mark-up results in uneven distribution of wealth

Mark-up results in uneven distribution of wealth JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that the mark-up of project values by irresponsible people impedes the even distribution of welfare. Speaking at the seventh congress of the Indonesian Accountant Association in Bandung, West Java, last night, Mar'ie said mark- up practices occur because people want to get personal gains quickly and easily without considering the impact of their ill- doing on the society.

Motorists prefer to use service of middlemen

Motorists prefer to use service of middlemen JAKARTA (JP): Motorists prefer to use the services of middlemen in processing their vehicular documents rather than doing the job themselves because the process is time consuming. "Although it costs me extra money, processing the documents through a middleman saves time.

Private companies apply to build airports, railways

Private companies apply to build airports, railways JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto said yesterday that his ministry has received applications from private sector companies to construct airports and operate railway services.

Bulog to increase rice stocks to 1 million tons

Bulog to increase rice stocks to 1 million tons JAKARTA (JP): The National Logistics Agency (Bulog) will increase its rice stocks from 800,000 tons at present to more than one million tons by the end of this year, the agency's chairman, Ibrahim Hasan said yesterday.

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.

State wood-based firms record soaring profits

State wood-based firms record soaring profits JAKARTA (JP): State-owned wood-based companies recorded profits of Rp 181 billion (US$82.2 million) in the first semester of this year, compared to Rp 130 billion in the whole of 1993, a minister says.

Fire guts 65 houses

Fire guts 65 houses AMBON, Maluku: Fire razed 65 houses inhabited mostly by migrants from Sulawesi in the Nusaniwe district on Saturday night. There were no reports of casualties, according to the Antara news agency. (emb)

Private universities

Private universities From Kompas Only about 10 to 15 percent of senior high school graduates can be admitted to government universities annually. Some of the remaining graduates may go to private universities, many study abroad and still others find employment or just do nothing. It is a hard fact for students as the first year at a private university costs Rp 4 million to Rp 12 million, compared to Rp 450,000 to Rp 800,000 for government universities (Kompas, Aug. 26, 1994).

Capital promotion course

Capital promotion course JAKARTA (JP): The Investment Coordinating Board (BKPM), in cooperation with the United Nations Development Program (UNDP), yesterday started a three-week investment promotion course to help improve the services of provincial officials for investors. The training, which was officially opened here yesterday by the deputy chairman of the board, Sugihono Kadarisman, is participated in by around 50 officials from the board's provincial offices.