Indonesian Political, Business & Finance News

Archive: 21 September 1994

46 articles found

Swim the Sunda Strait

Swim the Sunda Strait JAKARTA: The Marine Corps is organizing swimming and rowing contests across the Sunda strait next month. The contests, held as part of the 49th anniversary of the corps, will include contestants from Indonesia, neighboring countries and also from the United States, Australia, France and Japan, the Antara news agency reported. The starting point will be in the Bakaheuni port in Lampung in Sumatra and the finishing line is the Suralaya beach in Merak in West Java.

Aid for industrial projects

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 on Monday that almost half of the funds will be used to finance the construction of fertilizer, cement and textile plants.

Two senior judges to vie for post of Chief Justice

Two senior judges to vie for post of Chief Justice JAKARTA (JP): The House of Representatives (DPR) yesterday nominated two respected, senior justices to replace Purwoto Suhadi Gandasubrata as chief of the Supreme Court. The candidates are Mohammad Djaelani, currently the vice to the chief justice, and Suryono, the deputy chief justice in charge of traditional civil cases.

Latief keeps hands off Muchtar's case

Latief keeps hands off Muchtar's case JAKARTA (JP): Minister of Manpower Abdul Latief, facing increasing foreign and domestic pressure to intervene in the trial of labor leader Muchtar Pakpahan, maintained yesterday that he had neither the intention nor the capacity to help. Latief told a hearing with the House of Representatives that Muchtar's court case, which began in Medan, North Sumatra on Monday, had nothing to do with labor problems in Indonesia.

Indonesians interested in Australian property

Indonesians interested in Australian property JAKARTA (JP): At least US$7.2 million in foreign exchange will flow to Australia soon as more Indonesians purchase property there. In cooperation with PT SuryaPrapta Indah, a private Australian property company, Central Equity Homes, will market in Jakarta on Saturday some 60 Melbourne townhouses and apartments at prices ranging between US$104,000 and $202,000.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) fell slightly yesterday after suffering a significant loss on Monday. Despite improved buying sentiment, the broad-based Composite Index closed lower at 521.71 yesterday against 522.05 on Monday. The narrower-based GTDBS-50 Index also lost ground to close at 127.14 against 127.48.

`Marsinah': A play depicting anguish of female workers

`Marsinah': A play depicting anguish of female workers By Oei Eng Goan JAKARTA (JP): A swivel chair and a heap of soil laid out in a circular pattern on the open stage were the only paraphernalia used in a serious play depicting the anguish of female laborers and the poor in Indonesia. The play was written and directed by the lead actress, Ratna Sarumpaet, who leads the Jakarta-based Satu Merah Panggung theater group.

Sunday paper

Sunday paper Sunday can be a bit of a yawn and so I was waiting for your promised Sunday Jakarta Post. But it never arrived on my doorstep. Maybe you can check with your distributors (mine is Agency Puspowardoyo) and see if they actually deliver the things you promise. WERNER TIESBOHNENKAMP Jakarta

PPD to introduce direct payment system on 240 buses

PPD to introduce direct payment system on 240 buses JAKARTA (JP): The state-owned city bus company, PPD, has said that it will apply a direct payment system on 240 more buses plying 16 routes despite strong protests from conductors. "The board of directors has decided to expand the implementation of the system because it is the best way to improve the company's service to passengers as well to increase the drivers' income," said Hamim Busro, a spokesman for the company.

Four factors cause cement mart distortion

Four factors cause cement mart distortion JAKARTA (JP): Oligopolistic practices, collusion between producers and distributors, regional zoning of marketing and the government-set local price references are major causes of annual cement market distortion in the country. "Those four factors should be eliminated if we want to solve the country's continual cement shortages," economist Rizal Ramli told reporters here yesterday.

Hartarto to lead mission at ASEAN talk

Hartarto to lead mission at ASEAN talk JAKARTA (JP): Coordinating Minister for Trade and Industry Hartarto will lead the Indonesian delegation to the annual meeting of economic ministers of the Association of Southeast Asian Nations (ASEAN) in Chiang Mai, Thailand on Thursday and Friday.

Honda makes parts in RP

Honda makes parts in RP TOKYO (AFP): Several Japanese auto parts makers supplying to Honda Motor Co. plan to start production in the Philippines next year in line with the carmaker's efforts to produce low-priced cars.

Govt preparing draft bill on small businesses

Govt preparing draft bill on small businesses JAKARTA (JP): The government has begun formulating a bill on small enterprises to provide them with a legal basis for development, in response to environmental changes and the trend of globalization, a minister says.

Manhunt for masked robbers

Manhunt for masked robbers BANDARLAMPUNG, Lampung: Police have launched a manhunt for a gang of thieves who used masks in several operations in the Seputih Mataram district last weekend. Southern Sumatran Police chief Maj. Gen. M. Arief Tawil said they are now on the trail of the gang after two of the four robbers were apprehended. He did not rule out the possibility that the other robbers fled to another province.

`Sunday Post' undelivered

`Sunday Post' undelivered Following the many notices and the advertisement in The Jakarta Post, I made an effort on Sunday, Sept. 18, to rub the sleep out of my eyes at 7 a.m. instead of 8 a.m. I had decided to improve the quality of my Sunday lie- in...wash away the blues, so from 7 a.m. I awaited the arrival of the much needed Sunday edition (being a langganan, subscriber, for eight years now).

Arrests follow forest dispute in Kalimantan

Arrests follow forest dispute in Kalimantan JAKARTA (JP): Continuing conflicts between indigenous people and forest concessionaires in West Kalimantan have resulted in rioting and the arrest of some villagers, the Indonesian Forum for Environment (WALHI) said yesterday. Walhi executive director M.S.

House forms special team to deliberate tax bills

House forms special team to deliberate tax bills JAKARTA (JP): The House of Representatives (DPR) set up a special team yesterday to speed up the deliberation of four tax bills which the government expects to be enacted in January. The 81-member team, chaired by Novian Kaman of the Golongan Karya (Golkar) faction, is expected to start the deliberation of the tax bills proposed by the government early this month.

Seminar reviews relations between state and society

Seminar reviews relations between state and society JAKARTA (JP): Any society, no matter how dominated by the state, always finds ways to survive and thrive, intellectuals say. In a discussion yesterday, a number of noted intellectuals said that the mushrooming of non-governmental organizations (NGOs), clandestine publications and of places where intellectuals engage in free discourses is proof of society's resilience.

Endangered `anoa' dwindling

Endangered `anoa' dwindling KENDARI, Southeast Sulawesi: The provincial legislative council has criticized the local government for doing little to stop illegal poaching of endangered anoa deer. Council chairman Soedjatmiko said the government should punish people for killing the animal. Poachers kill anoa and sell their horns and skin, which some traditionally believe to have medical or magical qualities.

Workers for Malaysia

Workers for Malaysia Malaysian Prime Minister Mahathir Mohamad told President Soeharto in Jakarta last week that his country needs 17,000 workers from here. They will be employed on Malaysian plantations. Whether the request can be met or not depends very much on the ability of the neighboring countries to solve their remaining labor problems. The main problems existing between Indonesia and Malaysia are the influx of illegal Indonesian workers there and protection for legal workers.

Chain collision at Jagorawi

Chain collision at Jagorawi Five vehicles were involved in a chain collision on the Jagorawi highway in Cililitan, East Jakarta, on Monday. No casualties were reported in the accident which involved a car belonging to a member of the House of Representatives (DPR). "Nobody involved in the collision suffered any injuries, not even a bruise," said head of the traffic police of the City Police, Maj. Irsan Wijaya. The accident happened at around 8 a.m.

Proton enters Vietnam

Proton enters Vietnam HANOI (AFP): Malaysian automobile firm Proton, foreign partner in the Vina Star Corp. joint venture, has been authorized to import parts to assemble vehicles for sale in Vietnam, a report said yesterday. Total investment capital of this project was put at US$450 million, the union weekly Nguoi Lao Dong said. Proton's offshoot in the southern province of Song Be will start assembly of "Delica" minibuses in March next year.

Doctoral course for Japanese studies

Doctoral course for Japanese studies The University of Indonesia is scheduled to launch a doctoral course for Japanese Studies in a ceremony at the university's campus in Salemba, Central Jakarta, on Thursday. The launching of the course is in line with the university's graduate school programs aimed at providing opportunities for candidates for advanced research work on Japan and gaining the necessary knowledge and expertise to pursue an education and research career.

Six servicemen, 125 crooks arrested for vehicle thefts

Six servicemen, 125 crooks arrested for vehicle thefts JAKARTA (JP): City police have arrested 131 suspects, including six members of the Armed Forces (ABRI), believed to have been involved in the thefts of 77 cars and 114 motorcycles in the greater Jakarta area. "The suspects were arrested in a massive 33-day special operation for vehicle theft cases carried out by our personnel throughout the city from Aug. 18 to Sept. 9," City Police Chief Maj. Gen.

Hungary offers access to European marts

Hungary offers access to European marts JAKARTA (JP): Hungary yesterday offered itself as a gateway for Indonesian exports to European markets, stressing that its location in Central Europe makes it a perfect entry point. The offer was made during a meeting between Hungarian President Arpad Goncz and his Indonesian counterpart Soeharto at the Merdeka Palace yesterday.

Old researchers never retire, they just fade away

Old researchers never retire, they just fade away JAKARTA (JP): The Indonesian Institute of Sciences (LIPI) has proposed an extension of the retirement age of its top research staff from 65 to 70. LIPI chairman Samaun Samadikun, who is 63 years old, said a good researcher reaches the prime of his career between 60 and 65 years of age and that extending the retirement age to 70 was a reasonable proposal.

Asian Games squad meets Soeharto today

Asian Games squad meets Soeharto today JAKARTA (JP): President Soeharto will receive the Indonesian Asian Games team at the State Palace today, before they depart for the Hiroshima sports meet. Most members of the contingent are scheduled to depart Sunday evening. The squad will, no doubt, be expecting a "Knute Rockne" speech from the President before it embarks on its bid to finish sixth at the Oct. 2-16 Games.

Japan, Thailand edge into under-19 soccer meet semis

Japan, Thailand edge into under-19 soccer meet semis JAKARTA (JP): Two red cards marred the last qualifying round matches at the 29th Asian Youth Under-19 soccer championship last night as Japan and Thailand secured the last two semifinal berths. With the tense, two-week long competitions nearing an end, the losing side Kuwait criticized the Asian Football Confederation (AFC) for the poor organization of the tournament.

TV Today

TV Today TVRI 2:30 p.m. Cartoon: Prince Valiant 3:05 Anak Fantasi 3:30 Science World 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Indonesia, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05 Comedy 9:00 World News 9:30 Kamera Ria 10:35 Late News 10:45 Film: Danny, The Champion Of The World Program 2 4:30 p.m.

Ramos' sister to sue his `lover'

Ramos' sister to sue his `lover' MANILA (Reuter): The sister of Philippine President Fidel Ramos threatened yesterday to sue his alleged former lover for statements linking her to drug traffickers. The office of Senator Leticia Ramos Shahani, Ramos's sister, issued a statement accusing socialite Rose Marie "Baby" Arenas of smearing the senator's reputation.

Deregulatory measure on investment subject to revision

Deregulatory measure on investment subject to revision JAKARTA (JP): A senior investment official, bombarded with criticism over a new deregulatory measure which allows foreign investors to construct and operate infrastructure facilities, said yesterday that the ruling is not final and can be reviewed. "Don't worry too much because the deregulation can be revised," R.T.

Wildlife conservation

Wildlife conservation We are wildlife biologists with the Wildlife Conservation Society (formerly the New York Zoological Society) and would like to comment on some of the issues raised in two articles published in the Sept. 10 issue of The Jakarta Post (Saving Sumatra's elephants and If you can't beat them, employ them) concerning the future of Sumatra's elephants. Our organization has been involved in elephant research and conservation issues for over 20 years.

Firecrackers for forest rangers

Firecrackers for forest rangers SURABAYA, East Java: Forest rangers in the province are now supplied with firecrackers which they can use to scare off looters and squatters. The state owned forest company Perum Perhutani II has turned to fireworks because of the high frequency of thefts, the Antara news agency reported. "Firecrackers can be effective in scaring off looters in the night," said Gunarso, who is manning a guard post at the Mojorayong forest near Madiun. (par)

RI bank rated BBB-plus

RI bank rated BBB-plus TOKYO (AFP): Japan Credit Rating Agency Ltd. assigned yesterday a triple-B plus credit rating to PT Bank Ekspor Impor Indonesia's recent five-year bond issue for US$59 million. The Sept. 14 issue carries a coupon of 1.2 percent over the six-month London Inter-Bank Offer Rate (Libor), which is currently around 5.5 percent.

Pejompongan fire victims start to rebuild houses

Pejompongan fire victims start to rebuild houses JAKARTA (JP): Victims of the fire that razed hundreds of houses in Pejompongan, Central Jakarta, have started to rebuild temporary huts at the site despite the municipal administration's prohibition.

Driver may face murder charge

Driver may face murder charge The North Jakarta police may charge Ramses Silitonga, the driver of the Metromini bus which in February careened into the Sunter river in North Jakarta with dozens of its passengers, with murder. A reliable police source said on Monday that officers were still collecting all necessary evidence and information to support their case. The February accident killed 33 people and injured dozens more. The minibus, packed with passengers, careened into the river on Jl.

Carter diplomacy being tested in Haiti

Carter diplomacy being tested in Haiti The last-ditch attempt at diplomacy by former United States president Jimmy Carter has spared Haiti a violent U.S. invasion, at least temporarily. Noted political scientist Juwono Sudarsono argues that success of this diplomacy will be measured by President Jean-Bertrand Aristide's ability to garner domestic support for nationwide reconciliation in the coming weeks.

Top female graduate killed by married lover

Top female graduate killed by married lover JAKARTA (JP): Police said they have nabbed an over zealous father of three who is believed to have stabbed to death his 24- year-old lover at the victim's house in Menteng Dalam, South Jakarta. The preliminary police investigation showed that Arjon Kohar, 34, a worker at an offshore drilling firm, killed the victim yesterday morning, a day after she informed him that she had another boyfriend.

More space asked for small-scale traders

More space asked for small-scale traders A city councilor is urging the management of Blok M Plaza, a major shopping center in South Jakarta, to give more space for small-scale traders to do business at the shopping center. "The present space allocated by the management of the shopping center for small-scale traders is inadequate," said Hasan Dasy, a city councilor from the City Council's Commission B on finance. Gubernatorial Decree No.

Indonesia grabs 10,000m men's gold at athletics meet

Indonesia grabs 10,000m men's gold at athletics meet JAKARTA (JP): After three barren days, "Indonesia Raya," the national anthem, was finally heard when Ferry Junaedi received the gold medal from Muhammad (Bob) Hasan, Indonesia's track and field chief, for winning the men's 10,000m. Ferry, 16, surpassed Mohamed G. Akdy of Saudi Arabia in the 16th round with nine more laps to go and from then on, took the lead until the finish line.

DPR gives conditional support to higher defense spending

DPR gives conditional support to higher defense spending JAKARTA (JP): A commission of the House of Representatives (DPR) yesterday said it backs the Armed Forces (ABRI) call for a 23 percent hike in military spending but stressed the need for the forces to eliminate graft among its members. The House's Commission I on defense and security said the higher budget should be used to improve the salaries of ABRI members as one measure to end corruption.

Debt repayment before maturity favorable

Debt repayment before maturity favorable JAKARTA (JP): The recent trend of large borrowers repaying debts before maturity will not affect the banking industry. It will instead help provide equal distribution of loans to smaller businesses, a noted economist said. Rizal Ramli, the managing director of a consulting and research agency Ekonit, acknowledged yesterday that the early repayments might cause a temporary glut in the banks.

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.

Bandung faces water crisis

Bandung faces water crisis BANDUNG, West Java: The fast growing northern part of the city will face a severe water crisis if the municipal office fails to control real estate development there, an academic warns. Arwin Sabar, an expert in groundwater, said that large-scale housing projects are eating up more than 2,500 hectares of irrigated agricultural land in northern Bandung, Antara reported. "The projects are also encroaching on protected forest." (pan)

19,127 Jakartans are illiterate

19,127 Jakartans are illiterate Director General of External Education, Youth and Sports of the Ministry of Education and Culture Soedijarto said that 19,127 out of 8,277,746 Jakartans are illiterate. "The lack of public libraries and the large number of people who drop out of primary school are factors behind the high illiteracy rate in the city," Soedijarto said on Monday as quoted by Pos Kota.

International human resource development center proposed

International human resource development center proposed JAKARTA (JP): Delegates at an international seminar on human resource development have proposed that a center for international cooperation be established to better handle complex human resource problems in the coming century. State Minister for Research and Technology B.J.