Indonesian Political, Business & Finance News

Archive: 19 October 1995

48 articles found

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 18, 1995: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,100 -600 500 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 2,150 0 0 Aneka Kimia Raya 6,500 100 25,000 Anwar Sierad 1,100 -75 468,000 Aqua Golden Mississippi 2,400 0 0 Argha Karya Prima Industry 1,900 25 76,000 Argo Pantes 2,500 0 0 Asiana IMI Indusrties 925 0 3,000 Aster Dharma...

Minority parties greet campaign ideas skeptically

Minority parties greet campaign ideas skeptically JAKARTA (JP): Members of the Indonesian Democratic Party (PDI) and the United Development Party (PPP) have reacted differently to their rival Golkar's proposal to ban political rallies and limit election campaigning to media debates. Aberson Marle Sihaloho of the PDI said the proposal would deal a heavy blow to both the PDI and PPP because Golkar has control over the electronic mass media.

Thai rules for SEA games queried

Thai rules for SEA games queried JAKARTA (JP): The National Sports Council (KONI) questioned the motives behind Thailand's applying rules different from internationally-accepted regulations in the upcoming 18th Southeast Asian Games in Chiang Mai, Thailand. One of the different rules is that the rhythmic gymnastics event will offer seven gold medals rather than only one as usual.

Eat and win the prizes

Eat and win the prizes JAKARTA (JP): In celebrating its first anniversary, the Planet Hollywood Jakarta restaurant is offering visitors various prizes. People eating at the restaurant between Oct. 16 and Oct. 23 are being asked to fill out a form to enter a competition. The main prize is two Garuda Indonesia plane tickets to Planet Hollywood Beverly Hills. The name of the winner will be announced on Nov. 1. The restaurant is also offering a free lunch to 50 guests eating there on Oct.

Gardener killed over dancer

Gardener killed over dancer JAKARTA (JP): A Bekasi man was killed by friends on Tuesday night during a fight over a woman. Nasikin, the victim, was reportedly pushed into a pond near a friend's house during a wedding party. The two friends which police believe pushed Nasikin were identified only as "E" and "K". The murder followed a dispute over a dancer, according to a relative of the victim, Widodo.

TV today

TV today TVRI 2:35 p.m. TV Series: Buttons And Rusty 3:05 Music 3:30 TV Series: Harapan Nan Sirna 4:30 Sports and Achievement 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 TV Drama 8:05 Cultural Program 9:00 World News 9:30 Film 10:55 Late News 11:00 Sports: Arena dan Juara Program 2 4:30 p.m.

Agronomist warns of cocoa glut

Agronomist warns of cocoa glut JAKARTA (JP): An agronomist warned yesterday that further expansion of Indonesia's cocoa plantations could lead to market oversupply. "Indonesia's current plantations are already adequate," said Prof. Soleh Solahuddin of Halu Uleu University in Kendari, Southeast Sulawesi, as quoted by Antara. He said Indonesia's cocoa plantations currently total 374,000 hectares and produced 189,000 tons last year.

Symposium outlines tolerance of SE Asian Islam

Symposium outlines tolerance of SE Asian Islam By Jean Couteau JAKARTA (JP): Indonesia is a land of dazzling and largely positive surprises. Where else in the world can a foreigner -- a Frenchman representing no one but himself -- be called to give a lecture on the relations between Hinduism and Islam in Bali in front of a mostly Moslem audience? This is what happened to me at the National Symposium of the second Istiqlal festival held on Sept. 25 and 26.

Megawati presidency backed

Megawati presidency backed SEMARANG (JP): Seven branches of the minority Indonesian Democratic Party (PDI) in Central Java have asked party chairperson Megawati Soekarnoputri to run in the next presidential election in 1998. The branches in a joint statement said the party should nominate Megawati to run for president at the gathering of the People's Consultative Assembly (MPR) in 1998.

'Organizing polls is President's privilege'

'Organizing polls is President's privilege' JAKARTA (JP): Golkar has dismissed the call from the United Development Party (PPP) and the Indonesian Democratic Party (PDI) that they be involved in organizing the general elections. Deputy chairman of the ruling political grouping, Waskito Reksosoedirdjo, said yesterday that, by law, the authority and responsibility for the holding of general elections rest exclusively with the President.

Indonesia's inflation culprits

Indonesia's inflation culprits By Mohammad Sadli JAKARTA (JP): The Indonesian economy is growing well. The official figure last year was 7.3 percent, but the Central Bureau of Statistics has recalculated the time series for the 1988 to 1993 five year development plan with respect to real economic growth and produced the astonishing figure of an average of 8.3 percent. The previous figure was 7.1 percent.

Western thoughts are 'anti-Islam': Scholars

Western thoughts are 'anti-Islam': Scholars JAKARTA (JP): Modern and post-modern Western thought, which dominates international literature and art, is against tradition and religion, including Islam, a leading Malaysian scholar said yesterday. "If you review at least three founding fathers of modern western thinking, you will have such as Karl Marx, Friedrich Nietzsche and Charles Darwin.

Govt permits joint venture in timber, pulp industry

Govt permits joint venture in timber, pulp industry JAKARTA (JP): The Ministry of Forestry has licensed a joint venture between the Bumi Raya Utama Group and the state-owned PT Inhutani II to establish an industrial timber estate for the pulp industry. The license is the first to be issued since the government reopened the pulp-centered timber estate sector to investors, according to Bisnis Indonesia daily.

Cambodia licenses Panin Group to fell logs over large area

Cambodia licenses Panin Group to fell logs over large area PHNOM PENH (AFP): The Cambodian government has approved a massive logging deal with an Indonesian timber company that gives the firm access to a large part of the remote, northeastern province of Ratanakkiri, government officials said yesterday. The 50-year contract signed in mid-September will allow Indonesia's Panin Group to fell logs over 1.4 million hectares (3.5 million acres) -- roughly 15 percent of Cambodia's remaining forest.

More than 500 homeless kids get polio vaccination

More than 500 homeless kids get polio vaccination JAKARTA (JP): As many as 528 children from homeless families in Central Jakarta were vaccinated against polio yesterday. In the second round of the National Immunization Program the city administration made a mobile vaccination unit available for beggars and homeless families living in the vicinity of Jl. Tongkang in Central Jakarta.

Major oil firms eye Asian power industry

Major oil firms eye Asian power industry SINGAPORE (Reuter): As Western players intensified the competition for Asia's potentially huge power generation business, major oil companies were likely to join the market battle, industry sources said yesterday. "We are seeing entry of oil companies in Asia," a Singapore- based executive of an independent power producer (IPP) said. "As capacity's accounted for in the West, so these companies would turn to the emerging markets in the East.

AAA inducts Vietnam

AAA inducts Vietnam JAKARTA (JP): The ASEAN International Airport Association (AAA) completed its 14th annual meeting here yesterday and agreed to incorporate Vietnam into the association in the next meeting slated here next year.

Garlic crushed and buried

Garlic crushed and buried SEMARANG: Some 60 tons of garlic, the subject of a legal wrangle for the past six years, were finally crushed and buried on Tuesday in the Tanjung Emas port compound. The Semarang District Court ordered that the garlic be destroyed after the Supreme Court upheld its ruling that the herbs had been illegally imported from China. The garlic arrived in containers described as containing "electronic goods".

Telkom building catches fire

Telkom building catches fire SEMARANG: The three-story building housing the Central Java headquarters of state-owned telecommunications company PT Telkom was gutted by fire yesterday. Six fire brigades were sent to the blaze on Jl. Pahlawan in the provincial capital, Antara reported. The firefighters could do little because the fire had already engulfed the building, according to the news agency. No casualties were reported.

City authorities told to impose new taxes

City authorities told to impose new taxes JAKARTA (JP): A city councilor says that the city administration should find more things to tax in order to raise regional revenues. Helmy AR Syihab, the chairman of the City Council's commission for financial affairs, said yesterday that new taxes could be imposed on people who apply for land ownership documents and individuals or companies that operate generators to produce electricity.

Train collides with oil truck

Train collides with oil truck PEMALANG, Central Java: One person was killed and three others suffered severe burns when an express train collided with a tanker truck at an unguarded railway crossing on Tuesday. There was a huge explosion after the collision, Antara reported, quoting witnesses. The Cepat train was on its way from Semarang to Jakarta. The entire locomotive was gutted. Fortunately, Pemalang railway workers were able to separate the passenger cars from the locomotive.

Woman killed for asking suspect to marry her

Woman killed for asking suspect to marry her JAKARTA (JP): Police say a Malaysian suspected of killing of a local woman in a five-star hotel here on Monday has confessed that he committed the crime because she insisted he marry her. City Police Spokesman Lt. Col. Iman Haryatna announced yesterday the 26-year-old suspect, identified as Charanjit Dadwall, told interrogators the victim, who said she was a virgin, demanded that he marry her after they had sex.

Colombian meet to decide the future of NAM

Colombian meet to decide the future of NAM By Rajesh Kumar JAKARTA (JP): The ongoing 11th Non-Aligned Movement summit at Cartagena de Indias, Colombia, will be crucial for deciding the fate of NAM. Depending on the outcome of the summit is whether NAM remains just a relevant organization or whether it guides and influences the domain of international economics. During its chairmanship, Indonesia kept NAM alive by successfully steering clear of all doubts about the movement's relevance.

Driving license

Driving license I'm referring to your article on introducing new driving licenses in Jakarta and its outskirts (The Jakarta Post, Oct. 3, 1995). It is ridiculous that the National Police is again busy issuing new licenses despite introducing the present fancy but expensive driving license just two-and-a-half years ago. Why the push to renew driving licenses after such a short period, while the big traffic problems are still unsolved? R. TOBING Jakarta

Jungle has gone

Jungle has gone I read with dismay and disappointment the letter in the Oct. 7, 1995 issue of The Jakarta Post about the rolling, grassy hills in the area between Samarinda and Sanggata in East Kalimantan. When I used to drive through the area in the early 1980s the hillsides were covered not with scraggly grass, but with lush, seemingly vibrant jungle. But loggers and slash-and-burn farmers have shown how fragile the forest really is.

U.S. offers aid to RI

U.S. offers aid to RI WASHINGTON (Reuter): The Agriculture Department said it offered Indonesia US$10 million in U.S. backed loan guarantees under the Intermediate Export Credit Guarantee Program (GSM 103) for fiscal 1996. The food credits will be used for breeder livestock, USDA said. Sales must be registered by Sept 30, 1996 and exporters must call for exports no later than November 30, 1996.

Modern enters tourism business

Modern enters tourism business JAKARTA (JP): The Modern Group, one of the country's leading business conglomerates, officially launched yesterday a new subsidiary, PT Awani Modern Hotels, which is to carry out medium- scale tourist projects worth US$300 million. Modern's chairman, Samadikun Hartono, said the new company will develop and manage a number of three-star hotels, golf courses and other tourist-related businesses in several Indonesian tourist destinations.

RI, S'pore cooperate on human resources

RI, S'pore cooperate on human resources JAKARTA (JP): Singaporean and Indonesian experts, identifying a number of common problems in their human resource management, suggested cooperation at all layers of society in the two countries. Umar Juoro of Indonesia's Center for Information and Development Studies and Mohd.

Two thieves arrested at city police headquarters

Two thieves arrested at city police headquarters JAKARTA (JP): Two men were arrested yesterday morning while allegedly trying to steal valuable items from cars parked at the city police headquarters. The two men were apprehended by city military police personnel, led by Capt. Santoso, following a tip-off from parking attendants. The thieves reportedly had with them a specially-designed key, able to open many types of car doors.

Workers not aware of new insurance scheme

Workers not aware of new insurance scheme JAKARTA (JP): Minister of Manpower Abdul Latief found yesterday during snap inspections at two companies in East Jakarta that the workers were unaware of the newly-introduced insurance program, Jamsostek. The new program, which is more comprehensive than the old one called Astek, has a higher premium.

W. Sumatra to import 25,000 tons of rice

W. Sumatra to import 25,000 tons of rice JAKARTA (JP): The West Sumatra provincial office of the National Logistics Agency will import 25,000 tons of rice from Thailand, Taiwan, and India to anticipate a shortage, an official says. "The imported rice will arrive by the end of this month," M. Rusmin, head of the office's operation section, told House members from Jakarta who visited Padang, West Sumatra, early this week.

One killed in ship fire

One killed in ship fire DENPASAR, Bali: A man was killed when a fishing boat caught fire shortly after it departed from Benoa port in Bali last Sunday, Antara reported. The boat, Samudera 11, was heading for the open sea when it caught fire. Its other 19 crew members were saved. S. Simorangkir, director of PT PSB Benoa, which operates the ship, said Samudera 11 suffered extensive damaged as a result of the fire. The ship has been towed ashore.

Perspektif

Perspektif I read Wimar Witoelar's letter which appeared in The Jakarta Post on Oct. 9, 1995 entitled Perspektif banning. On the same day I read in Kompas that there will be a new program called Perspektif Life. I am very happy to read the article, because it gives (a select group of) people the opportunity to think critically, and to become involved citizens. As a response to Witoelar's letter in The Jakarta Post, I have the following comments.

Citra Group moves into the iron smelting

Citra Group moves into the iron smelting JAKARTA (JP): The Citra Group, controlled by President Soeharto's eldest daughter, Siti Hardiyanti Rukmana, has moved into the pig iron industry through its subsidiary PT Citra Industri Logam Mesin Persada. Siti Hardiyanti said that her group's entrance into the pig iron industry is aimed at strengthening the competitiveness of Indonesia's industries in the world market and reducing the country's dependence on imports.

Soeharto opens NAM summit

Soeharto opens NAM summit By Rikza Abdullah CARTAGENA DE INDIAS, Colombia (JP): President Soeharto ended his chairmanship of the Non-Aligned Movement (NAM) yesterday with a strong appeal to all 113 members to continue the group's present efforts to strive for a new world order. Soeharto opened the 11th NAM summit yesterday with a progress report on the programs pursued during his three-year tenure, before he handed the chairmanship over to Colombian President Ernesto Samper Pizano.

Telkom, private firms to sign KSO contracts

Telkom, private firms to sign KSO contracts JAKARTA (JP): PT Telkom, which plans to float its shares in London and New York, will sign joint operation (KSO) contracts tomorrow with private firms for the installation of two million telephone lines in various provinces. "The signing will be on schedule after the legal establishment of the joint venture firms," Secretary-General of the Ministry of Tourism, Post and Telecommunications Jonathan L. Parapak said here yesterday.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Aryaduta Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 11 p.m.; Los Morenitos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7:15 p.m. to 11 p.m. - Ambassador Lounge: Boece & Ayu (pianist and singer), Tuesday and Saturday, from 8 p.m. to 12:30 a.m. Pianist of Jakarta String Fantasy Trio, Wednesday, Thursday and Friday from 8 p.m.

Bandung of today

Bandung of today After reading the editorial of The Jakarta Post on Oct. 14, 1995, I pondered for a while the Post's motive for such profound concern about the grievous fate of Bandung, since the editorial dubbed the city as No longer (the) Paris of Java. I surmised that the nostalgia of seeing Bandung preserved as a worthy tourist resort in Jakarta's hinterland must be one apt reason. In Dutch times, the inhabitants of Bandung were called Bandunger and I happened to be one of them.

Prices of tuna drop by up to 50 percent

Prices of tuna drop by up to 50 percent JAKARTA (JP): The price of tuna on the export market has dropped by about 50 percent in the last couple of months due to a decline in demand and fierce competition from China, an official says. The Ministry of Agriculture's Director General of Fisheries, F.X.

1,000 dogs slaughtered

1,000 dogs slaughtered MATARAM, West Nusa Tenggara (JP): The city administration killed about 1,000 stray dogs between Oct. 9 and Oct. 14. H.L. Musa, spokesman of the city administration, said that there were an estimated 5,000 stray dogs roaming Mataram's streets at night. "They have been disturbing the peace and public order," he told Antara. The dogs were killed using poisoned rice. It takes less than four minutes for the poison to kill a dog.

Relations with Australia

Relations with Australia Good news but also not-so-good news has come from Australia. Last week, on Oct. 10, Prime Minister Paul Keating made it clear that Australia would not grant political asylum to people fleeing the province of East Timor. On Sunday, however, there came news that was not so pleasing to hear.

Businessman faces tax evasion trial

Businessman faces tax evasion trial JAKARTA (JP): The South Jakarta District Court began the trial of a private company director charged with tax evasion yesterday. Prosecutor EM Simandjuntak told the court presided over by Judge Hasan Mahyudin that Awad Ahmad Yuslan Martak, 54, Director of PT Mila Jaya Abadi, falsified company data submitted to the local tax office from October 1989 to May 1990.

Yogie to discuss issue of Maluku repatriation

Yogie to discuss issue of Maluku repatriation JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. will visit the Netherlands next week to discuss the repatriation to Indonesia of thousands of people of Maluku descent living there. "Many Maluku people, especially those in their old age, want to come home," he said yesterday of the exiled people who left Indonesia some four decades ago during the conflict between the Dutch army with the fledgling republic.

Warning to amusement centers

Warning to amusement centers TANGERANG (JP): The Tangerang authorities vow to take stern action against the managements of amusement centers found violating their operation permits. Nurhayat, spokesman for the Tangerang mayoralty said yesterday that a team has been set up to raid amusement centers operating in the area soon. Some amusement centers and hotels have become fronts for prostitution, he said, citing Hotel Transit as an example.

No breakthrough at NAM over Bosnian membership

No breakthrough at NAM over Bosnian membership By Meidyatama Suryodiningrat CARTAGENA DE INDIA, Colombia (JP): Despite an eleventh-hour effort by Indonesia and Malaysia, ministers of the Non-Aligned Movement (NAM) failed yesterday to break an impasse over whether or not to admit Bosnia-Herzegovina as a member at their leaders' summit, which opened here yesterday. The ministers also failed to agree on Costa Rica's admission as well as on the applications for guest status from Japan and Macedonia.

Jasarevic seeks support

Jasarevic seeks support JAKARTA (JP): A visiting leader from Bosnia-Herzegovina is calling on Indonesians not to let up on their concern and support for Moslems in the war-torn Balkans. Nermina Jasarevic, the secretary-general of the Union of Women's Association of Bosnia-Herzegovina, is here for a week to meet Moslem groups and garner support.

Indonesia expects two golds at SEAG equestrian events

Indonesia expects two golds at SEAG equestrian events JAKARTA (JP): Setting a target of bringing home two gold medals, the Indonesian Equestrian Association has decided to send nine riders to the 18th Southeast Asian Games in Chiang Mai, Thailand. "Actually, the National Sports Council asked us to allocate 12 athletes for the Chiang Mai Games, but after selecting them we decided to field just nine.

Merpati sets example

Merpati sets example The board of directors of the state-owned Merpati Nusantara Airlines should be commended for having the courage to hold firmly to common business sense. Despite pressure from the Ministry of Transportation and a politically well-connected company, Merpati's refusal to lease 16 CN-235 aircraft made by the state-owned IPTN aerospace company should set an example for other state firms to stand up against commercially unviable requests or irrational government intervention.