Indonesian Political, Business & Finance News

Archive: 10 October 1995

48 articles found

Indonesia and Malaysia to discuss forestry issues

Indonesia and Malaysia to discuss forestry issues JAKARTA (JP): Indonesia and Malaysia will hold their eighth ministerial conference on the forestry sector in Yogyakarta this Thursday and Friday. Minister of Forestry Djamaludin Suryohadikusumo said yesterday that the two countries' delegations to the meeting will exchange information and experiences in dealing with forestry issues.

City sanitation agency says fee system effective

City sanitation agency says fee system effective JAKARTA (JP): Head of the City Sanitation Agency M. Subasir said here yesterday that the current system of garbage fee collection is appropriate and effective. He dismissed the City Council's proposal to review the system because it could be made more effective. According to the current system, neighborhood chiefs collect monthly garbage removal fees from area residents.

PT Riau Andalan to construct new paper mill in 1996

PT Riau Andalan to construct new paper mill in 1996 KAMPAR, Riau (JP): PT Riau Andalan Pulp and Paper will embark next year on the construction of a paper mill nearby its pulp plant here which started trial production a few months ago. Daulat Tarigan, a manager of the company, told journalists over the weekend that the paper mill, which will have a designed production capacity of 250,000 tons per annum, will need a total investment of Rp 1.795 trillion (US$788 million).

Cessna crashes in East Kalimantan

Cessna crashes in East Kalimantan TARAKAN, East Kalimantan: A small aircraft belonging to the Mission Aviation Fellowship, a Christian mission, crashed in Long Kayu, Bulungan regency, East Kalimantan on Friday, Antara reported. The pilot of the Cessna 206, Willy Budiono, who was also the only passenger, survived the accident but was badly injured. He was brought to Jakarta after receiving medical treatment at the Tarakan Hospital.

Education in propriety

Education in propriety Bad luck befell Surabaya legislator Andy Soedirman. In his capacity as a member of the city's legislative council, he had charged that Surabaya's mayor had, without approval from the local legislative council, dispensed of a piece of land which was previously the property of a local villager. His remarks offended a number of the mayor's supporters who then went to the legislative council and staged a protest.

Jakarta police praised for well done job

Jakarta police praised for well done job JAKARTA (JP): The city police have been praised by the public for their work in solving a number of challenging crimes recently. In the past few months, the police have resolved all "big and difficult" cases, including last week's brutal murder of a mother and her three young children in Ciracas, in a matter of days. In the past, police have taken quite a long time to arrest suspects in cases where worthy clues or key witnesses were not found.

Rubber futures steady

Rubber futures steady SINGAPORE (Reuter): Singapore nearby TSR20 rubber futures were quietly steady by the finish yesterday, helped by firm Indonesian prices on weather factors, traders said. But the RSS1 and RSS3 contracts were marked lower in line with the Tokyo's trend, they said. News that Saturday's earthquake in the Indonesian island of Sumatra hardly moved the market after initial reports showed that it damaged no ports or processing plants.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 9, 1995: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,700 -100 1,000 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 2,150 75 196,500 Aneka Kimia Raya 6,450 0 0 Anwar Sierad 1,025 -25 64,000 Aqua Golden Mississippi 2,400 0 0 Argha Karya Prima Industry 1,850 -50 183,000 Argo Pantes 2,500 0 0 Asiana IMI Indusrties 950 0 355,000 Aster Dharma...

Health, women's groups cooperate

Health, women's groups cooperate JAKARTA (JP): Soroptimist International of Jakarta is meeting today to discuss "Supporting Community Participation Programs of the Ministry of Health". Especially invited guests from health organizations and international women's groups will be attending the meeting at Puri Ayu Martha Tilaar in the Indo Rama Building.

Asian orchestra to perform here

Asian orchestra to perform here JAKARTA (JP): A group of 32 musicians from four Asian countries will entertain music aficionados here this coming weekend with musical pieces that reflect international friendship and solidarity, the organizer of the show said yesterday.

Malaysia starts tobacco fight

Malaysia starts tobacco fight KUALA LUMPUR (Reuter): Malaysia's tobacco industry is losing hundreds of millions of ringgit annually from the smuggling of contraband cigarettes, the national Bernama news agency reported. Primary Industries Minister Lim Keng Yaik called for effective measures against the smuggling of contraband cigarettes, especially kretek (clove-flavored cigarettes from Indonesia) which made up 17 percent of the local cigarettes market.

Not collusion but support

Not collusion but support As an Indonesian citizen I appreciate the leadership of President Soeharto who aims to build the nation and bring prosperity to the people. Year by year the number of people who live in want and poverty is growing smaller. I believe that all the rumors or issues which make it seem as if Pak Harto colluded with Liem Sioe Liong, are untrue.

Survey on transportation

Survey on transportation JAKARTA (JP): The City Administration started a survey on transportation between Blok M and Kota yesterday as a preliminary step to establishing a mass rapid transit system. Budihardjo Soekmadi, chief of the City Development Planning Agency, who is in charge of the survey, told reporters yesterday that interviews with people frequenting offices, shopping centers and hotels located in the BLok M - Kota corridor were carried out.

More young people have breast cancer

More young people have breast cancer JAKARTA (JP): The risk of breast cancer in younger women is increasing due to changing lifestyles, experts said yesterday. Daniel Makes, a radiologist at the Cipto Mangunkusumo Hospital, told The Jakarta Post during a seminar on the early detection and treatment of breast cancer that the peak age of sufferers is getting younger. "The tendency is probably caused by the diet factor," he said.

S. Korea steals China's thunder in shooting meet

S. Korea steals China's thunder in shooting meet JAKARTA (JP): South Korea produced a superb but belated fightback yesterday, tainting China's victory celebrations on the closing day of the 8th Asian Shooting Championships here. The all-conquering Chinese needed a face-saving win from Meng Gang in the men's center fire pistol after South Korea romped home with five golds and Kuwait shot to a golden double in the men's skeet on the most frenetic day of the week-long competition.

Phone venture announced

Phone venture announced LONDON (AFP): Britain's Cable and Wireless plc announced yesterday a joint venture with Nippon Telegraph and Telephone Corp. (NTT), trading house Itochu Corp., and Hong Kong Telecommunications Ltd. to promote Japan's personal handyphone system (PHS) in Asia. PHS International, which will be based in Hong Kong, will initially "target Asian countries most suited to the technology", Cable and Wireless said in a statement.

FLS wins RI orders

FLS wins RI orders COPENHAGEN (Reuter): Danish cement and engineering firm FLS Industries A/S said yesterday it won orders worth a total of 1.2 billion crowns to deliver three production lines to the Indonesian cement industry. The first order was for a 7,800 tons per day production line to be delivered to Indonesian state-controlled cement company PT Semen Gresik. The second contract was also for a 7,800 tons per day production line, ordered by another state company, PT Semen Padang.

Asian rice mart likely to stay tight this year

Asian rice mart likely to stay tight this year TOKYO (Reuter): Asia's rice market, accounting for over 90 percent of world rice trade, is likely to remain tight late this year, reflecting emerging import demand by China and Indonesia, regional officials said yesterday. Rice imports by China soared 814.7 percent to 1.39 million tons in the first eight months of 1995, from only 150,000 tons in the same period of last year, Chinese customs data shows.

Bakrie consolidation

Bakrie consolidation JAKARTA (JP): Shareholders of publicly-listed PT Bakrie Finance Corporation agreed yesterday to the company's plan to acquire PT Bakrie Capitanindo Corporation's 15 percent stake in the company worth Rp 2.25 billion (US$988,000). The company said in a statement that yesterday's shareholders meeting also agreed to the company's plan to issue 118.79 million rights shares with a par value of Rp 1,000. It said the rights shares will be offered at Rp 1,600 each.

Murder suspect's home destroyed

Murder suspect's home destroyed JAKARTA (JP): Angry mob attacked yesterday the house of the main suspect in the murder of a woman and her three children in Bambu Apus, East Jakarta, and burned the house of his relative after hearing that the woman's 8-month baby escaped from the murder finally died yesterday.

Intan seals deal to operate hotels in Irian Jaya province

Intan seals deal to operate hotels in Irian Jaya province JAKARTA (JP): The Intan International Hotels and Resorts hotel management firm has signed a joint-venture agreement with the Irian Jaya administration to refurbish and operate hotels in the province. Intan's vice president for marketing and development, Francis Leslie Erlangga, told The Jakarta Post yesterday the company will first refurbish and manage the Numbai Hotel in Jayapura, the capital of Irian Jaya.

TV today

TV today TVRI 2:35 p.m. TV Series: Hassai Sensei 3:05 Children's Program 3:30 TV Series: Singen 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Economy in Briefs 7:00 Evening News 7:30 Gema Pancasila 8:05 TV Traditional Drama 9:00 World News 9:25 Film 10:55 Late News 11:05 National Film Review Program 2 4:30 p.m.

RI workers in Malaysia

RI workers in Malaysia In "Your letters" column dated Sept. 25, 1995, The Jakarta Post published a letter under the heading "RI workers in Malaysia". The letter was supposed to be based on my letter earlier published in the daily Merdeka.

Inequities spur growth of 'formless' groups

Inequities spur growth of 'formless' groups SEMARANG, Central Java (JP): The rise of the so-called "formless organization" in Indonesia is partly a result of social and economic inequities, according to one political scientist. M.T. Arifin, a lecturer at Muhammadiyah University in Surakarta, Central Java, said yesterday that, along with various movements advocating socialist ideas, huge social gaps had contributed to the emergence of the "formless organizations".

RI-Taiwan trade could reach $4b this year

RI-Taiwan trade could reach $4b this year JAKARTA (JP): Trade between Taiwan and Indonesia is set to exceed US$4 billion this year, says Lu Pao-sun, head of the Taipei Economic and Trade Office here. On the eve of Taiwan's Double-Ten (National Day) celebrations today, Lu said that his country was Indonesia's sixth-largest trading partner last year with two-way trade amounting to $3.5 billion. He added that the balance of trade between the two countries was in Indonesia's favor.

Developers not monopolizing lands: Minister

Developers not monopolizing lands: Minister JAKARTA (JP): State Minister of Agrarian Affairs/Chairman of the National Land Agency Soni Harsono denied yesterday that 10 leading property developers have monopolized land in Jakarta and surrounding areas.

Managing the Asia-Pacific quadrangle

Managing the Asia-Pacific quadrangle The sixth informal annual workshop on Managing Potential Conflicts in the South China Sea is scheduled to open in the East Kalimantan city of Balikpapan today. Noted political scientist Juwono Sudarsono looks at the issue from a geo-political perspective. JAKARTA (JP): China, Russia, Japan and the United States constitute the evolving strategic balance in the Asia-Pacific region.

Three children drowned in river

Three children drowned in river SEMARANG, Central Java: Three elementary school students drowned in the Kaligarang River in the Kreteg village, Ungaran sub-district, some 20 kilometers southeast of the city. The three, Anang Indro (10), Mustakim (11) and Muslikin (12), who could not swim, were having a bath and playing games in the river. Their bodies were found not far from the spot where they were bathing. (har)

Drug dealer's escape still puzzles police

Drug dealer's escape still puzzles police JAKARTA (JP): City police are still in the dark about the whereabouts of an African charged with heroin trafficking who escaped from jail a week ago. Several senior police officers told The Jakarta Post yesterday that Interpol has agreed to help Jakarta Police to trace Ibrahim Saebu, 24, if he leaves Indonesia.

Govt takes aim at illegal fishing

Govt takes aim at illegal fishing JAKARTA (JP): The newly appointed Director General of Fisheries, Rear Admiral F.X. Murdjijo, pledged yesterday to step up security and control in Indonesia's territorial waters to eliminate illegal fishing practices. "I will strive to eliminate illegal fishing and to do this, I will intensify cooperation with the Navy. The Navy chief has vowed to support me in this," Murdjijo said after a ceremony for his installation.

Japan to remain important for Indonesia: Ginandjar

Japan to remain important for Indonesia: Ginandjar JAKARTA (JP): As the biggest investor in Indonesia, Japan is expected to continue to play a pivotal role in Indonesia's development over the next 50 years. Minister of National Development Planning/Chairman of the National Development Planning Board Ginandjar Kartasasmita said yesterday that he expects Japan to maintain its important role in helping Indonesia's development process.

Alleged suppliers of illegal timber to be investigated

Alleged suppliers of illegal timber to be investigated JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo confirmed yesterday that his office will conduct investigations into forest concessionaires which have allegedly supplied illegal timber to wood-based industrial firms.

Dealing with disaster

Dealing with disaster Located in one of the most active volcanic belts in the world, Indonesia is no stranger to earthquakes and the devastation which they bring about. In fact, when we include the very mild tremors that nobody finds worth a moment's thought, earthquakes are said to be daily occurrences in this sprawling archipelago of more than 17,000 islands.

Commuters enjoy new train

Commuters enjoy new train BEKASI (JP): Bekasi commuters are now taking advantage of a new business train capable of making the Bekasi-Jakarta journey in a reliable 30 minutes. The residents said yesterday that the train has become their favorite since it began operation last month, a fact easily observed in the full capacity coaches. The new business commuter train departs from Bekasi five times a day at 6:05 a.m., 7:40 a.m., 9:40 a.m., 5:20 p.m. and 7:00 p.m.

Malnutrition common in C. Java

Malnutrition common in C. Java SEMARANG, Central Java: A nutrition expert from Diponegoro University says that despite an adequate food stock, malnutrition is still prevalent among low-income people in the province. Doctor Bambang Dwiloka said here yesterday that most of the low-income people, including workers, pregnant women and children under five, consume less than the required amounts of protein, Vitamin A and iodine.

Nemo brings home boxing silver medal

Nemo brings home boxing silver medal JAKARTA (JP): Indonesia's last toe-hold at the 18th Asian Amateur Boxing Championship in Tashkent, Uzbekistan, came unstuck on Sunday. The country's last hope, Nemo Michel Bahari, succumbed 3-4 to pre-tournament favorite Tilegenov Bakhtiyar of Kazakhstan in the featherweight final. Earlier, Nemo's brother, middleweight Pino Bahari, tumbled at the hands of another Kazakhstani, Yarebekov Dilshod, who was eventually named the Best Boxer of the tournament.

CSMI issues $3.59m in bonds

CSMI issues $3.59m in bonds JAKARTA (JP): PT Cahaya Sakti Multi Intraco (CSMI), a furniture distribution subsidiary of the Olympic Group, signed an agreement yesterday with PT Nusantara Investment Fund on the sales of convertible bonds worth Rp 8 billion (US$3.59 million). CSMI's president, A.U. Bintoro, said that the convertible bonds, with a maturity period of five years, do not bear interest.

Help the Yali

Help the Yali Thank you for including the little article Tribal People Misunderstood (Across the Archipelago section of The Jakarta Post Oct. 3). An official from Maluku is quoted as saying: "Most government officials and the public have little knowledge about isolated tribes in Indonesia".

President to visit quake site

President to visit quake site JAKARTA (JP): The death toll of the earthquake in the Kerinci regency, Jambi, has reached 80, while 736 people are being treated for serious injuries. In addition, at least 1,520 people are reported to have sustained minor injuries. Assistance from various parties has been rendered to the 64,694 people left without food and shelter by the quake, Minister of Social Affairs Endang Kusuma Inten Suweno said yesterday.

Prompt action urged to deal with corruption in prisons

Prompt action urged to deal with corruption in prisons SEMARANG (JP): A member of the National Commission on Human Rights is urging that action be taken to eliminate corruption within prison walls. Commission member Muladi said in Semarang over the weekend that perpetuating or neglecting to eliminate these acts would compromise the whole penal system.

Religious forum to be held in East Timor

Religious forum to be held in East Timor JAKARTA (JP): A forum will be established later this month for discussion and consultation between religious groups in the province of East Timor, which has recently been rocked by civil unrest. The forum is to be inaugurated on Oct. 24. It will consist of leaders of the five religions recognized in Indonesia: Catholicism, Protestantism, Islam, Hinduism and Buddhism.

Six involved in Blok M police murder: Witnesses

Six involved in Blok M police murder: Witnesses JAKARTA (JP): Witnesses in a trial of two men charged with the murder of a police officer in Blok M last March told the court yesterday that six men were involved in the fatal attack on two police officers. All five witnesses testifying at the South Jakarta District Court yesterday said only six hoodlums attacked Lt. Budi Prasetyo and Capt. Arman Depari at the Blok M shopping complex. Official reports put the number of attackers at 10.

Telkom allocates 23% of net profit for dividends

Telkom allocates 23% of net profit for dividends JAKARTA (JP): PT Telekomunikasi Indonesia (Telkom), the state- owned telecommunications company which will go public next month, will allocate 23 percent of this year's net profit as dividends for its shareholders, the firm's president said.

Pancasila course for Timor inmates

Pancasila course for Timor inmates SEMARANG, Central Java: At least six East Timorese jailed for various offenses in the city's prison are taking a short course on the state-ideology Pancasila, alongside some 100 prisoners. "The course is held biannually in the prison and all its participants joined voluntarily," said Marsono, chief of prison.

Indonesia to post more labor attaches overseas

Indonesia to post more labor attaches overseas JAKARTA (JP): Indonesia will soon appoint labor attaches in South Korea, Japan, Taiwan, Hong Kong, and several European countries due to the rising demand for Indonesian workers, says Minister of Manpower Abdul Latief. Speaking to the press here yesterday, Latief said President Soeharto has approved his office's proposal for more labor attaches.

Navy launches civic work program

Navy launches civic work program JAKARTA: A Navy warship with 43 doctors and over 100 other health workers on board has set sail to the Mentawai Islands in West Sumatra to provide free health services to the islanders. Navy Chief Admiral Tanto Kuswanto, who officially launched the Surya Bhaskara operation, said here yesterday that the LST-type warship is expected to arrive on the islands today. The operation, which will run until Oct.

Vietnam sets up ASEAN offices

Vietnam sets up ASEAN offices HANOI (AFP): Vietnam has set up two new government organizations to coordinate its activities within the Association of Southeast Asian Nations (ASEAN), a report said yesterday. Prime Minister Vo Van Kiet ordered the establishment of a National ASEAN Committee under the chairmanship of Deputy Prime Minister Tran Duc Luong to organize policy, the official Vietnam News Agency said.

'Facilitating' payments?

'Facilitating' payments? As a concerned expatriate I am writing to express my dissatisfaction with the Indonesian practice of having to make "facilitating payments" -- a fancy word for bribery. This unpleasant practice is prevalent within nearly all branches of the government, as well as in the private sector. Recently I was compelled to make a "facilitating payment" to the local police department, even though I was not guilty of any crime. It was a "pay or go to jail" situation.