Indonesian Political, Business & Finance News

Archive: 6 September 1994

46 articles found

Aussies urge growth triangle involving Indonesia and PNG

Aussies urge growth triangle involving Indonesia and PNG JAKARTA (JP): Australia is inviting Indonesia to create a new growth triangle that will also involve Papua New Guinea (PNG)."The idea of the new growth triangle was presented in a seminar on tourism development held recently in Darwin,...

Absentee landownership

Absentee landownership Minister of State Secretary Moerdiono, in an address during the inauguration of five deputy heads at the National Land Agency in July 1989, criticized the phenomenon of absentee landownership.

KL power for Thailand

KL power for Thailand KUALA LUMPUR (AFP): Malaysia said yesterday a four-member consortium led by listed Landmarks Bhd. would soon be licensed to build a 660-megawatt power plant costing 1.3 billion ringgit (US$520 million) to supply electricity to Thailand.

Washington's Asian policy to focus more on business

Washington's Asian policy to focus more on businessBy Christopher Hines HONG KONG, Sept. 5 (AFP) - Members of a high-powered US business delegation that swung through Hong Kong after a presidential trade mission to China say they witnessed a historic shakeup in US policy towards Asia.

Rerouting of domestic flights to support tourism industry

Rerouting of domestic flights to support tourism industry JAKARTA (JP): The planned rerouting of domestic flights, which will offer direct services to several destinations, will support the growth of the tourism industry, Director General of Tourism Andi Mappi Sammeng said yesterday.

Economists and legislators greet cut in tax rates

Economists and legislators greet cut in tax rates JAKARTA (JP): Economists and legislators greeted the new tax bills yesterday but warned the government to strengthen the capacity and skills of its tax officials to effectively enforce the new legislation.

Peace prospects seem to brighten for Sri Lanka

Peace prospects seem to brighten for Sri LankaBy Minoli de Soysa COLOMBO (Reuter): Sri Lanka's new People's Alliance government and Tamil rebels fighting for a separate state are making tentative moves towards peace, but political analysts said on Sunday an early settlement was unlikely.

C. Java factories polluting rivers

C. Java factories polluting rivers DEMAK, Central Java: Two rivers in Demak regency are heavily polluted by industrial waste dumped by factories in nearby Kudus regency and the city of Semarang.PT Pusaka Raya Kudus, a big paper factory in Kudus, has dumped waste into Wulan River, while Babon River...

Sumarlin role in Bapindo's scandal major: Ex-director

Sumarlin role in Bapindo's scandal major: Ex-director JAKARTA (JP): The role played by former finance minister J.B. Sumarlin in the Rp 1.3 trillion (US$620 million) loan scandal at the state-owned Bank Pembangunan Indonesia (Bapindo) was re- asserted yesterday by another former director of the bank.

Export tax on CPO counter-productive

Export tax on CPO counter-productive JAKARTA (JP): Economist Sjahrir yesterday lamented the government's policy of introducing an export tax on crude palm oil (CPO) products, saying that such a measure is counter- productive against efforts to foster non-oil exports.

DPR angry at smuggling of workers

DPR angry at smuggling of workers JAKARTA (JP): The House of Representatives (DPR) attacked the government yesterday for doing little to stop smuggling of workers to neighboring Malaysia.The DPR commission I in charge of security and foreign relations said the Indonesian government seemed to close...

50,000 more mangrove trees planted

50,000 more mangrove trees planted JAKARTA (JP): Governor Surjadi Soedirja signed a plaque on mangrove replacement project yesterday followed by the planting of 50,000 mangrove trees in North Jakarta.The planting of the 50,000 mangrove trees marks the final stage of the five-year project.

Indonesia may cut team to Hiroshima Asian games

Indonesia may cut team to Hiroshima Asian games JAKARTA (JP): Several national athletic bodies will voluntarily drop athletes who fail to make progress during their final training sessions prior to the 12th Asian Games in Hiroshima next month.

Sulawesi tribe opposes Lake Lindu dam project

Sulawesi tribe opposes Lake Lindu dam project JAKARTA (JP): The indigenous people of Central Sulawesi are opposing the government's plan to turn their Lake Lindu, the hub of their cultural activities and livelihood, into a multi-purpose reservoir."We are not here to fight against the government.

Marianas deports 14 RP workers

Marianas deports 14 RP workers MANILA (Reuter): The U.S.-linked Northern Marianas government has deported 14 Filipinos for illegally working in the territory, the Philippine foreign office said yesterday.

RP businessmen reject plan to reduce import tariffs

RP businessmen reject plan to reduce import tariffs MANILA (AFP): The Philippines' top business leaders yesterday rejected a government plan to reduce import tariffs to a uniform rate of five percent in six years, saying it could wreak havoc on local industries.

`Gifts' of public space in Pondok Kopi to be probed

`Gifts' of public space in Pondok Kopi to be probed JAKARTA (JP): Jakarta Governor Surjadi Soedirdja said here yesterday that he will question East Jakarta's mayor about civil servants who have allegedly taken bribes from a real estate developer.

Only six battalions situated in East Timor

Only six battalions situated in East Timor DILI, East Timor (JP): The Indonesian Armed Forces (ABRI) denied an Australian press report yesterday that it deploys 15 combat battalions to suppress low-level separatist rebellion.Maj. Gen.

Natuna and the Spratlys

Natuna and the SpratlysFrom Sinar PagiOne of the most important international sea lanes located in Indonesian territorial waters adjoins the South China and Natuna Seas. At an international conference on the Law of the Sea, Indonesia agreed to apply the principle of free passage for international...

Indonesia, Singapore to sign air agreement

Indonesia, Singapore to sign air agreement JAKARTA (JP): Indonesia and Singapore will sign an air agreement later this month to allow their airlines to increase flight services, Minister of Transportation Haryanto Dhanutirto said here yesterday.

Malaysia freezes yen loans: report

Malaysia freezes yen loans: report KUALA LUMPUR (AFP): Malaysia has no immediate plans to borrow money from Japan as the soaring yen was seriously affecting its economy, a local financial daily here reported yesterday.

Pact signed to protect RI's workers in Malaysia

Pact signed to protect RI's workers in Malaysia JAKARTA (JP): Indonesia and Malaysia signed yesterday an agreement on recruitment of Indonesian workers to be employed in plantations in Malaysia.The memorandum of agreement was signed by president of the state-owned PT Binajasa Abadi Karya (PT Bijak)...

RI is pondering exporting elephants

RI is pondering exporting elephants JAKARTA: The government, dismayed over the damage caused by the huge number of elephants destroying plantations and housing areas in Sumatra, is toying with the idea of exporting the giant beasts.

The ocean shipping business

The ocean shipping businessFrom Sinar PagiIn the past there were three big shipping companies, Gesuri Lloyd, Samudera Indonesia and Trikora Lloyd, owned by Adil A. Nurimba, Sudarpo and Budiardjo. In the early 1980s Adil Nurimba, alias Liem Eng Hay, was able to buy a number of container transports...

More transmigrants for East Timor

More transmigrants for East Timor DILI, East Timor: The provincial transmigration office is planning to resettle 1,000 families, including several from outside the province, in Besusu village, Manufahi regency, by the end of the 1994/1995 fiscal year.

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.

Tony wins national rally

Tony wins national rally JAKARTA (JP): Tony Hardianto and his co-driver Ian Sujono took wins in the fourth-leg of the two-day national rally in Palembang, South Sumatra, Antara reported yesterday.With the victory, Tony accumulated a total of 100 points, 70 of which he collected on the first day.

Ex-pilot arrested for illegal possession of guns

Ex-pilot arrested for illegal possession of guns JAKARTA (JP): An ex-pilot has been arrested by the South Jakarta police for illegal possession of handguns along with 15 bullets.The police accidentally found the guns belonging to Reno Syaifullah, 36, a former pilot of Derazona and Gatari charter...

Jeewon shares offer PER of nine times

Jeewon shares offer PER of nine times JAKARTA (JP): PT Jeewon Jaya Indonesia, an export-oriented manufacturer of car stereos, satellite video receivers, high quality tuners and wire harnesses, will offer 6.

Asiad organizers work to end boycott threat

Asiad organizers work to end boycott threat TOKYO (Reuter): Asian Games organizers yesterday asked the head of the Olympic Council of Asia (OCA) to let them know which heads of state he has invited to the event as a disastrous Chinese boycott of the games looms closer.

Tugu manages Arco pension

Tugu manages Arco pension JAKARTA (JP): Atlantic Richfield Indonesia Inc. (Arco) has assigned PT Asuransi Jiwa Tugu Mandiri, an insurance firm affiliated with the state oil company Pertamina, to manage its employee pension fund under an agreement signed yesterday.

Bob Hasan among 12 new IOC members

Bob Hasan among 12 new IOC members JAKARTA (JP): Indonesian timber tycoon Mohammad "Bob" Hasan was among 12 new members elected yesterday to the International Olympic Committee (IOC) in place of Dadang Suprayogi, who retired.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices further strengthened on the Jakarta Stock Exchange (JSX) yesterday amid reports on the government's plan to lower income tax rates.The broad-based Composite Index booked an increase of nearly four points to close at 519.41 yesterday from 515.55 on Friday.

Traffic police versus city bus

Traffic police versus city busFrom KompasOn Aug. 6, 1994 I boarded a Metromini S-74 bus from Jalan Veteran to Blok M. It was the first time ever I rode on a Metromini bus whose driver was not a driver from hell.

Workers abroad

Workers abroadFrom MerdekaOne of the businesses which is most often reported by newspapers is in the business of sending Indonesian workers, especially female workers, abroad for companies.A total of four ministers of manpower over the last two decades have attempted to send only those workers who...

Embarrassed at department store

Embarrassed at department storeFrom Pikiran RakyatOn Aug. 29, the Pikiran Rakyat daily reported the negligence of a department store's cashier in Bandung whose actions caused problems for many of the store's customers.

Fly the flag, orders the mayor

Fly the flag, orders the mayor North Jakarta Mayor Suprawito announced yesterday that the people in his mayoralty should hoist the national flag on Sept. 10 and Sept. 11 to celebrate the city's achievement in winning the Parasamya Purnakarya Nugraha, achievement award presented by the central...

PT Pudjiadi Prestige will offer 26 million shares

PT Pudjiadi Prestige will offer 26 million shares JAKARTA (JP): Property developer PT Pudjiadi Prestige Ltd., a division of the Jayakarta Group, will offer 26 million new shares, or 26 percent of the enlarged number of its common shares, to the public next month.

PPP congress democratic: Government

PPP congress democratic: Government JAKARTA (JP): Despite reports of dissension within the newly established executive board of the United Development Party (PPP), the government considers the party's recent congress to be "democratic".

TV broadcast not well received

TV broadcast not well received I am an Englishman married to an Indonesian lady living in Cilacap, Central Java.I am writing to get some information because nobody I know seems to care about television services.

TV Today

TV TodayTVRI 2:00 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 TV Series: International Family Classic 4:30 Students' World 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Belief in God the Almighty 7:00 Evening News 7:30 Insight 8:05...

Moro talks end on high note despite unresolved issues

Moro talks end on high note despite unresolved issues JAKARTA (JP): The Moro National Liberation Front (MNLF) and the Philippine government expressed satisfaction yesterday at the conclusion of their peace talks, despite failing to resolve core issues of defense and the implementation of a Moro...

Mar'ie to announce 'the real rescuer' of Kanindo soon

Mar'ie to announce 'the real rescuer' of Kanindo soon JAKARTA (JP): Finance Minister Mar'ie Muhammad promised yesterday to announce next week "the real rescuer" of the debt- ridden Kanindo Group.The minister told newsmen that negotiations over the takeover of Kanindo, which operates a number of...

`Femina' establishes `Friends of Botanical Gardens'

`Femina' establishes `Friends of Botanical Gardens'By Lenah Susianty BOGOR, West Java (JP): The weekly women's magazine Femina went out of its way to celebrate its 22nd anniversary and established a foundation called Mitra Kebun Raya Indonesia, or Friends of Indonesian Botanical Gardens.

Three suspects shot dead by police officers

Three suspects shot dead by police officers JAKARTA (JP): City police have shot to death three criminal suspects, one believed to have raped a night-shift employee after dragging her off a bus.According to the East Jakarta police the three were shot as they tried to flee an on-the-spot...

Friendly tennis matches for VIPs

Friendly tennis matches for VIPs JAKARTA (JP): A friendly tennis exhibition, aimed at fostering relations among members of the Bakrie Rasuna Sport Club, will be held at Cilandak Sport Center, South Jakarta, on Saturday, the club's spokesman said yesterday.