Indonesian Political, Business & Finance News

Archive: 12 January 1995

49 articles found

Plywood export monopoly

Plywood export monopoly The fall in both the volume and value of Indonesian plywood exports last year should cause grave concern because that wood product alone contributes more than 14 percent of the country's total export earnings.

Unorthodox punishment

Unorthodox punishment BOGOR (JP): A female worker of PT Truba Shoes Factory has filed a complaint with police after the company's executives forced her to stand in the sun as a punishment. Rosidah, 30, told police that she and several other female employees had been ordered to stand in the sun for...

New pay system sought to end labor conflicts

New pay system sought to end labor conflicts BANDUNG, West Java (JP): A labor activist and a businessman proposed yesterday that Indonesia establish a national remuneration system because the wage levels dictated by the government are not entirely acceptable.

RI, China sign legal agreement

RI, China sign legal agreement JAKARTA (JP): The governments of Indonesia and the People's Republic of China have agreed to exchange experiences and information for the development of the legal systems in both countries.

RI hotel industry offers more chances to foreigners

RI hotel industry offers more chances to foreigners JAKARTA (JP): Indonesia's rapidly growing hotel industry offers greater opportunities to overseas hotel-utensil manufacturers rather than domestic firms, which generally fail to anticipate growing opportunities, a senior tourism official said.

Judges still lenient to traffic violators

Judges still lenient to traffic violators JAKARTA (JP): It was something of an anti-climax to the tough talk of the police and their new operation to clamp down on traffic violators. As the first trials of the hundreds of motorists caught under the special operation were opened in five district...

TV today

TV today TVRI 2:30 p.m. TV Series: Wide World of Kids 3:05 Children's Program 3:30 TV Series: Emergency Call 4:30 Women's Program 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:30...

JAL to expand flights to Asia and Europe

JAL to expand flights to Asia and Europe TOKYO (AFP): Japan Airlines Co. Ltd. (JAL) said yesterday it planned to increase the number of flights to Southeast Asia, Europe and Hawaii as well as a couple of domestic routes in the new year starting in April.

Three died as floods hit villages in Riau

Three died as floods hit villages in Riau JAKARTA (JP): Three people, including a five-year-old boy, were killed and around 2,600 others forced to leave their homes when floods hit a number of villages in Riau province.

Businessmen ready to reveal bribery cases

Businessmen ready to reveal bribery cases BANDUNG, West Java (JP): Chairman of the Association of Indonesian Businessmen (APINDO) Hadi Suratno says the association is ready to disclose documented cases of bribery, provided that the government guarantees the anonymity of victims.

Forestry firm sees rise in profit

Forestry firm sees rise in profit JAKARTA (JP): Perhutani, a state-owned forestry company, reported a before tax profit yesterday of Rp 125.84 billion (US$57.2 billion) in 1994. Perhutani's president, Harnanto H.M.

Four developers lose their licenses

Four developers lose their licenses JAKARTA (JP): Four real estate companies in West Jakarta have lost their licenses to develop their allocated plots, six denied services momentarily from the mayoralty and 33 served with final warnings for their failure to build public and social facilities.

Environmental agency to mediate pollution dispute

Environmental agency to mediate pollution dispute JAKARTA (JP): The Environmental Impact Management Agency (Bapedal) has promised to mediate in the dispute between the people living along the Ciujung river in Serang, West Java, and the companies which are allegedly polluting it.

House balks at foreign loan plans

House balks at foreign loan plans JAKARTA (JP): The Budgetary Commission of the House of Representatives has raised concern over the government's plan to increase foreign borrowing to finance its development programs in 1995-96.

PT Produksi Indonesia to hold export promotion

PT Produksi Indonesia to hold export promotion JAKARTA (JP): Under the patronage of President Soeharto, a number of private Indonesian companies have set up PT Produksi Indonesia (Prodin), a company that will conduct export promotion activities throughout the world.

Don't dial 555 just yet

Don't dial 555 just yet JAKARTA (JP): Due to an upgrading of primary cables, telephone lines beginning with 555 in several areas within West Jakarta, including Taman Badara and Taman Dapad Indah housing complexes, Jl. Prancis, Griya Dadap Estate and Desa Dadap, will be disrupted.

Chiang Mai Games to stage 28 sports

Chiang Mai Games to stage 28 sports JAKARTA (JP): The 18th Southeast Asian (SEA) Games organizing committee has turned down Indonesia's request to see three events make a comeback at the regional sports meet in Chiang Mai in December.

HK, Malaysia sign agreement

HK, Malaysia sign agreement HONG KONG (AFP): Hong Kong and Malaysia signed an extradition treaty yesterday which will remain in force after the reversion of the territory to China in 1997. It was the fourth such agreement to be signed by Hong Kong with foreign countries.

Chance to gain U.S. citizenships

Chance to gain U.S. citizenships JAKARTA (JP): Planning to migrate to America with your family? Here's your chance to win that opportunity through a lottery. About the only requirement is that you must have, at least, graduated from high school.

Moslems encouraged to go on the minor haj

Moslems encouraged to go on the minor haj JAKARTA (JP): President Soeharto has advised Moslems to perform an umrah (mini haj) pilgrimage because the ceiling quota for Indonesian haj pilgrims is filled every year.

Alien universities welcomed in KL

Alien universities welcomed in KL KUALA LUMPUR (AFP): Malaysia is opening its doors to foreign universities in a bid to stop soaring education costs and thousands of students from going abroad yearly for higher studies, officials said yesterday.

Southern Irian developed

Southern Irian developed JAYAPURA, Irian Jaya: The focus of transportation development is currently being shifted from the northern to the southern regions in order to open up more isolated areas, a local official said yesterday.

Bappenas, UNDP launch booklet

Bappenas, UNDP launch booklet JAKARTA: The National Development Planning Agency (Bappenas) and the United Nations Development Program (UNDP) have published a report entitled Indonesia's Development Partners.

500 low cost houses dedicated

500 low cost houses dedicated JAKARTA (JP): State Minister for Public Housing Siswono Judohusodo will dedicate 500 low cost houses today at the Bumi Serpong Damai complex in Tangerang. "The houses are part of the scheduled 1,409 low cost houses now under construction," Bumi Serpong Damai's...

'Indosiar' asked to put idealism first

'Indosiar' asked to put idealism first JAKARTA (JP): The government gave its blessing to the launching of Indosiar, the country's fifth private televison station, with the proviso that, without sacrificing its commercial interests, it should put the public interest first.

Filipino expelled for abusing visa

Filipino expelled for abusing visa MANADO, North Sulawesi: Immigration authorities have deported a Filipino man for misusing his tourist visa for working in a company. Head of the Manado immigration office M.

Four bodies found among Merpati plane debris

Four bodies found among Merpati plane debris JAKARTA (JP): Search and rescue workers found four unidentified bodies and parts of a Merpati Nusantara Airlines aircraft in the Molo Strait, East Nusa Tenggara yesterday.

High cost economy

High cost economy That Indonesia has achieved extraordinary high economic growth during the past decade is indisputable. The economic growth reached an average of over 6.5 percent and the inflation was curbed. This was seen by the international nations as something to be taken into account.

Complaint on Garuda

Complaint on Garuda Welcome aboard! Garuda Flight 664 due to leave Jakarta on Dec. 25 at 15.15 was not to depart until 16.45, compliments of the very diligent national airline...Of course, passengers were on board and dutifully greeted by the crew, but left steaming on the tarmac due to the...

Govt abandons new phone bill rates

Govt abandons new phone bill rates BANDUNG, West Java (JP): The government has canceled the new tariff structure for telephone calls made within the area-codes of Bandung, Semarang, Surabaya, Medan and Ujungpandang.

Marubeni in RI pulp project

Marubeni in RI pulp project TOKYO (AFP): Japan's Marubeni Corp. and Nippon Paper Industries Co. Ltd. plan to join a US$1 billion pulp project in Indonesia with local lumber company Barito Pacific, a Marubeni spokesman said yesterday.

Worker sues labor mediation agency

Worker sues labor mediation agency JAKARTA (JP): A female worker who lost her job in the latest dispute with the textile manufacturer she was working for is suing the central government's labor mediation agency for giving the green light to the company to fire her.

Small businesses, cooperatives urged to form consortiums

Small businesses, cooperatives urged to form consortiums JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana said yesterday his office will promote the establishment of consortiums comprised of small enterprises and cooperatives to handle projects for the state companies under its supervision.

Land dispute in Lampung

Land dispute in Lampung BANDAR LAMPUNG, Lampung: The National Commission on Human Rights urged a local company yesterday to resolve a conflict over land acquisition with local residents. Officials of PT Kapuan Kencana Sejahtera and two members of the commission, Albert Hasibuan and Maj. Gen.

Thai govt agree on Asiad venues

Thai govt agree on Asiad venues BANGKOK (AFP): The Thai Cabinet has come up with a compromise on facilities for the 1998 Asian Games after long delays which had prompted the Olympic Council of Asia to threaten to move the Games elsewhere.

Americans warned of Thai drug-gang retaliation

Americans warned of Thai drug-gang retaliation BANGKOK (Reuter): The United States has warned its citizens to be careful traveling in northern Thailand because revenge attacks by drug gangs were possible after the arrest of 10 suspected heroin traffickers, a U.S. Embassy official said yesterday.

New tax laws curb outflows of insurance premiums overseas

New tax laws curb outflows of insurance premiums overseas JAKARTA (JP): The new tax law will effectively curb the mounting outflow of insurance premiums overseas, says an executive of the Indonesian Insurance Council. J.T.

Bookies paid US$600,000

Bookies paid US$600,000 KUALA LUMPUR (AFP): Bookies paid an estimated 1.5 million ringgit (US$600,000) to soccer players to rig the results of last year's Malaysian league matches, police said yesterday.

C. Java raises minimum wage

C. Java raises minimum wage SEMARANG, Central Java: After weeks of haggling with labor activists, governor Suwardi finally agreed yesterday to raise the local daily minimum wage from Rp 2,700 ($1.20) to Rp 2,800.

Cultural program for students

Cultural program for students JAKARTA (JP):A total of 1,500 students, from 22 high schools in South Jakarta, participated in a one-day cultural appreciation program at the Bulungan Sports Hall yesterday.

RELIGIOUS PROPAGATION:

RELIGIOUS PROPAGATION: JP/alx President Soeharto chats with participants of the Majlis Dakwah Islamiyah congress. The President warned people active in religious propagation not to mix their activities with politics.

Subway the best choice for Jakarta: Expert

Subway the best choice for Jakarta: Expert JAKARTA JP): Despite its massive cost, building a subway transportation system is the most viable alternative for Jakarta to solve its ever growing traffic problems, leading urban planning expert Eko Budihardjo said.

BI policy not a problem for developer

BI policy not a problem for developer JAKARTA (JP): Executives of PT Primagraha Majumakmur, the developer of Casabella Court, said a warning issued recently by Bank Indonesia Governor J. Soedradjad Djiwandono, to reduce loan approvals for the real estate sector will not affect the construction of...

Airports suffer losses

Airports suffer losses JAKARTA (JP): Four airports, in Solo of Central Java, Manado of North Sulawesi, Biak of Irian Jaya and Balikpapan of East Kalimantan, suffered losses last year, president of the state- owned airport firm, PT Angkasa Pura I, Fachri Zainuddin, said yesterday.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to close lower on the Jakarta Stock Exchange (JSX) yesterday, with the broad-based Composite Index losing ground to close at 461.39 from 468.68 on Tuesday. The narrower-based GTDBS-50 Index also closed lower at 109.73 from 111.27.

Police investigate 12 students

Police investigate 12 students TANGERANG (JP): Police are investigating twelve college students alleged to have helped workers of PT Ganda Guna Indonesia, who are seeking meal and transportation allowances.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

'Watch out for the emergence of new comunism'

'Watch out for the emergence of new comunism' JAKARTA (JP): The conventional screening system used to net communist-aligned citizens is no longer effective because a "new- style communism", not detectable by the current system, has arisen in Indonesia, according to a senior official.

Student brawls

Student brawls From Neraca Films, television and everything that sounds metropolitan or has a metropolitan flavor have a great influence on teenagers, students in particular. And in Jakarta, the negative impact of the environment has been very tangible -- occurrence of student brawls that are...