Archive: 22 November 1995
40 articles found
Wed, 22 Nov 1995, 00:00 WIB
Growth of petrochemicals boost naphtha demand
Growth of petrochemicals boost naphtha demand SINGAPORE (Reuter): Asia's naphtha demand is expected to rise on the growth of the petrochemical sector and petrol use especially in Taiwan and India, despite reduced imports from Japan and South Korea, industry sources said yesterday.
Wed, 22 Nov 1995, 00:00 WIB
Moslems in Dili to keep calm
Moslems in Dili to keep calm DILI, East Timor: Chairman of the influential Indonesian Council of Ulemas KH Hasan Basri said yesterday that Moslems in the province need no longer worry about religious tension there. Speaking in Jakarta, Hasan Basri said both the government and the council have made efforts to keep peace among religious groups and handle security problems properly, Antara reported. "Let's not waste our energy over this East Timor problem," he said.
Wed, 22 Nov 1995, 00:00 WIB
Police detain 63 in Pasuruan riots
Police detain 63 in Pasuruan riots JAKARTA (JP): Police in Pasuruan, East Java, have arrested 63 people on charges of inciting five days of violent protests against a factory they accused of polluting nearby fish and shrimp ponds. As the situation began to return to normal yesterday, officials estimated that the rioting caused Cheil Samsung Indonesia, which makes seasoning and fertilizer for export, to suffer a loss of Rp 6 billion (US$2.6 million).
Wed, 22 Nov 1995, 00:00 WIB
Debt collectors stand trial
Debt collectors stand trial JAKARTA (JP): The South Jakarta District Court began trying two debt collectors on Monday for kidnapping and torturing a businessman. Prosecutor J. Kamaru told the court that Victor Laiskodat, 30, Petrus Belen, 31, and two other suspects kidnapped businessman Sulaiman Iskandar Ramli (known as Hans) from his house on Jl.Kemang Selatan, South Jakarta on May 12 this year. Another suspect, Alfons Loemau is waiting to be tried for the offense.
Wed, 22 Nov 1995, 00:00 WIB
Government to keep oil price at $16.5 a barrel
Government to keep oil price at $16.5 a barrel JAKARTA (JP): The government is likely to maintain the estimated average oil price of US$16.5 per barrel during the 1995-1996 fiscal year as the basis for estimating oil and gas tax receipts for the coming year. "It is very difficult to predict international oil price developments.
Wed, 22 Nov 1995, 00:00 WIB
U.S.-China airline deal
U.S.-China airline deal BEIJING (Reuter): The Chinese government has approved the landmark purchase of 25 percent of a local airline by an American company, Xinhua news agency said yesterday. The Civil Aviation Administration of China (CAAC), the aviation regulator, and the Ministry of Foreign Trade and Economic Cooperation, have approved the purchase by American Aviation Investment of part of Hainan Airlines, it said. American Investment is a fund partially controlled by U.S.
Wed, 22 Nov 1995, 00:00 WIB
Canada offers expertise to RI
Canada offers expertise to RI JAKARTA (JP): Canada is offering Indonesia its expertise and experience in the transportation business through technical assistance and the establishment of joint ventures. Visiting Canadian Minister of Transportation Douglas Young said here yesterday that negotiations between business people from the two countries were coming to fruition. "I don't feel comfortable giving information until the business communities sign themselves and prepare the release of details.
Wed, 22 Nov 1995, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1.p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m to 11 p.m. - The Tavern Pub: Yeah Yeah Boys, Sunday and Thursday,9.30 p.m to 1 a.m ; Geometrics Band, Monday to Saturday from 9:30 p.m to 2 a.m.; Yeah yeah Boys Thursday 9 p.m. to a.m.: Front line Band, Friday from 9:30 p.m. to 2 a.m. * Century Park Hotel, Jl.
Wed, 22 Nov 1995, 00:00 WIB
PPP reiterates call for coercion-free elections
PPP reiterates call for coercion-free elections JAKARTA (JP): Senior politician Ismail Hasan Metareum called yesterday for "fair, honest and coercion-free" general elections, ones that do not make the people suffer. Ismail, who is chairman of the Moslem-based United Development Party (PPP), rehashed the old grievances of minority parties, his and the Indonesian Democratic Party, about manipulations during general elections.
Wed, 22 Nov 1995, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 21, 1995: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 900 0 0 AHAP Insurance 3,225 0 2,000 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,600 75 34,500 Aneka Kimia Raya 5,400 0 14,000 Anwar Sierad 975 0 22,000 Aqua Golden Mississippi 2,400 0 0 Argha Karya Prima Industry 1,850 0 0 Argo Pantes 2,075 0 0 Asahimas Flat 2,200 -50 760,000 Asiana IMI Industries 1,000...
Wed, 22 Nov 1995, 00:00 WIB
State firm launches $118m bond issue
State firm launches $118m bond issue MANILA (AFP): Indonesia's state-owned electricity company PLN said yesterday it had launched a bond issue for 12 billion yen (US$118 million) guaranteed by the government and the Asian Development Bank. The company said in a statement that proceeds from the 20-year bonds would partly finance an $896-million transmission and generation project on the main Luzon island. The rest of the project's financing would be provided by the U.S.
Wed, 22 Nov 1995, 00:00 WIB
Games committee collects Rp2.3b
Games committee collects Rp2.3b JAKARTA (JP): The Organizing Committee of the 14th National Games collected another Rp 2.35 billion (US$1 million) from national businesses during a gala dinner on Monday. The committee has now raised Rp 9.7 billion through its fund raising program, which was launched on Nov. 1. The committee raked in Rp 7.35 billion on its first day.
Wed, 22 Nov 1995, 00:00 WIB
Pasar Jaya owes Rp 26.06b in value added tax
Pasar Jaya owes Rp 26.06b in value added tax JAKARTA (JP): The city-owned market company PD Pasar Jaya owes Rp 26.06 billion (US$11.58 million) in value added tax, which it has failed to pay to the government since 1989.
Wed, 22 Nov 1995, 00:00 WIB
Colliers Jardine clarifies
Colliers Jardine clarifies I wish to clarify the article Condo occupants ask for facilities which appeared in The Jakarta Post on Nov. 6, 1995 as follows: 1. One of the article's sources named Sudjono (his full name is Sudjono Kusumo). He is an employee of PT Colliers Jardine Indonesia and is assigned as the property manager for Mangga Dua Court. He did not act as the spokesperson for the Owners Association of Mangga Dua Court. 2. Mr.
Wed, 22 Nov 1995, 00:00 WIB
Responsibility of Pancasila press
Responsibility of Pancasila press Reading newspapers relaxes and refreshes me. I forget my tiredness and worries. I used to learn much from newspapers, but not anymore. During the last few weeks, newspapers have added to my stress. Crimes, robberies, killings, rapes, and countless warnings about the possible communist comeback feature in the papers. One cannot deny that communism is a real danger, but why repeat this again and again. Are we losing our self-confidence?
Wed, 22 Nov 1995, 00:00 WIB
RI reject Lisbon's accusation about asylum seekers
RI reject Lisbon's accusation about asylum seekers JAKARTA (JP): Indonesia has accused Portugal of exploiting the issue of East Timorese youths flocking to foreign embassies to request political asylum for its own political advantage. Spokesman for the Ministry of Foreign Affairs Ghaffar Fadyl, in the latest round of trading accusations with Portugal, said Lisbon has been hurling false accusations at Indonesia.
Wed, 22 Nov 1995, 00:00 WIB
RP trade deficit widens
RP trade deficit widens MANILA (AFP): The Philippine trade deficit increased by 7.9 percent from a year earlier to US$6.412 billion in the nine months to September, the National Statistics Office (NSO) said yesterday. Export growth of 30.8 percent to $12.571 billion was eclipsed by the 22.1 percent growth in imports to $19.163 billion, the NSO said. Total trade grew 25.4 percent to $31.914 billion, it added.
Wed, 22 Nov 1995, 00:00 WIB
Big, small firms vow partnership
Big, small firms vow partnership JAKARTA (JP): Representatives of conglomerates and small enterprises agreed yesterday to end confrontation and build up partnerships to strengthen Indonesia's competitiveness on the global market.
Wed, 22 Nov 1995, 00:00 WIB
City officials defend Pluit mall project
City officials defend Pluit mall project JAKARTA (JP): City officials defended yesterday the construction of Mega Mall in Pluit, North Jakarta, saying the developer has followed all procedures and that the project is in line with city planning. The head of the city planning office, Ahmadin Achmad, said that the project has fulfilled all of the requirements such as the block plan and the environmental impact analysis and has acquired all of the permits.
Wed, 22 Nov 1995, 00:00 WIB
Youth and politics
Youth and politics There is enough reason to believe that more than any previous election, the general elections of 1997 will be a historical landmark, which will determine the future of this nation. This is true in the sense that the 1997 general elections will determine whether the leadership of this nation will remain in the hands of the New Order. Consequently it will also determine whether our national development efforts, as a realization of Pancasila, will proceed.
Wed, 22 Nov 1995, 00:00 WIB
Tifico plans a rights issue for expansion
Tifico plans a rights issue for expansion JAKARTA (JP): PT Teijin Fiber Corporation (Tifico) plans to make a rights issue in the near future to finance its US$90 million expansion plan, an executive of the company, Mardjono Reksodiputro, said yesterday. Mardjono told the company's annual shareholders meeting here that the plan is crucial for the company and in urgent need of shareholder approval.
Wed, 22 Nov 1995, 00:00 WIB
Transport operators want fare increase
Transport operators want fare increase JAKARTA (JP): The Organization of Land Transportation Owners (Organda) yesterday urged the House of Representatives to support its proposals for an increase in land transportation tariffs and assistance to bus companies.
Wed, 22 Nov 1995, 00:00 WIB
Soeharto to open new apartments
Soeharto to open new apartments JAKARTA (JP): President Soeharto is scheduled to inaugurate the Cengkareng low-cost apartments especially built for workers of factories in West Jakarta on Nov. 30. The spokesman for the Ministry of Public Housing, Johanes Kalle, told The Jakarta Post yesterday that the Cengkareng apartments will be a model for housing units to be constructed in other areas to solve urban housing problems.
Wed, 22 Nov 1995, 00:00 WIB
Govt claims in E. Java
Govt claims in E. Java JAKARTA (JP): The Financial, Bank and Trade Commission of the House of Representatives expressed concern yesterday over the large amount of uncollected government credits in East Java. The cases were submitted to the State Receivership Agency. The commission's spokesman, Djimanto, said that the East Java office of the State Receivership Agency had received 3,731 cases of uncollected government loans worth Rp 642.5 billion (US$285.5 million) between 1993 and 1995.
Wed, 22 Nov 1995, 00:00 WIB
Environment agency open to public scrutiny
Environment agency open to public scrutiny JAKARTA (JP): The government yesterday introduced the concept of "democratization of pollution control", saying that anyone is free to question the operations of the Environmental Impact Management Agency. State Minister of Environment Sarwono Kusumaatmadja told a business gathering that the agency, known here as Bapedal, is open to public scrutiny.
Wed, 22 Nov 1995, 00:00 WIB
E. Jakarta gets more phone lines
E. Jakarta gets more phone lines JAKARTA (JP): The East Jakarta Telkom office has installed 67,305 new phone lines since January, giving the mayoralty 284,569 lines. Head of the East Jakarta Telkom office, Rizal Saat, announced yesterday that another 20,000 lines are being prepared. "We plan to reach 300,000 lines this year," Rizal said. "The 1995 number exceeds the 1994 figures, but we still cannot meet demand," he said.
Wed, 22 Nov 1995, 00:00 WIB
Keep criticisms indoors: Ginandjar
Keep criticisms indoors: Ginandjar JAKARTA (JP): Shortcomings in national development should not be covered up. However, neither should they be used to tarnish the government's image abroad, said Minister of National Development Planning Ginandjar Kartasasmita. Any problems in development should be discussed first with the authorities in order to work towards a gradual improvement of policies, Ginandjar said.
Wed, 22 Nov 1995, 00:00 WIB
Zebra crossing
Zebra crossing From Media Indonesia One of the safest places to cross a road is at the zebra crossing. But it is wrong to think that only the pedestrians have to abide by the traffic regulations when using the zebra crossing. In fact, more importantly, drivers are also supposed to observe traffic laws. In Jakarta, zebra crossings are generally marked where pedestrians need them most, around schools, markets and so on. Unfortunately, there is lack of understanding on the part of drivers.
Wed, 22 Nov 1995, 00:00 WIB
Civil servants
Civil servants I am writing this letter in response to the article you ran in The Jakarta Post entitled Civil servants lack incentive, competence, dated Nov. 20, 1995. I would like to congratulate the Post on running this article on the realities of the status of government employees in Indonesia and the difficulties encountered in dealing with them.
Wed, 22 Nov 1995, 00:00 WIB
Students receive scholarships
Students receive scholarships PADANG, West Sumatra: A total of 763 students of Andalas University received this year scholarships from various foundations and bodies, Antara reported. "Most of them are high achievers who come from poor families," said Alfian Saman of the university yesterday. The students had to go through a tight selection procedure before they were awarded the assistance.
Wed, 22 Nov 1995, 00:00 WIB
Apac Centertex to acquire two companies
Apac Centertex to acquire two companies JAKARTA (JP): PT Apac Centertex Corporation plans to acquire PT Apac Inti Corpora and PT Batam Textile Industry at Rp 510 billion (US$222.7 million), the company announced after a public exposition yesterday. To finance the acquisition, Apac Centertex will raise Rp 510 billion from the stock market by issuing 4-to-1 rights shares and 1-to-1 mandatory convertible bonds. Deutsche Morgan Grenfell is acting as lead underwriter.
Wed, 22 Nov 1995, 00:00 WIB
WB aid for slum rehabilitation
WB aid for slum rehabilitation KENDARI, Southeast Sulawesi: The World Bank will provide Rp 49 billion (approximately US$21.6 million) for slum rehabilitation projects in Muna regency, which is Indonesia's largest teak exporting area. Regent H. Muh. Saleh Lasata said here Tuesday the foreign aid, the largest the regency has ever received, will be extended in stages during the next five years. The program will start next year, Antara reported.
Wed, 22 Nov 1995, 00:00 WIB
'The Cure' educates about AIDS, friendship
'The Cure' educates about AIDS, friendship JAKARTA (JP): Erik has finished his sundae but he wants more. He looks at Dexter's glass and asks him if he is going to finish it. Dexter, Erik's best friend, is not going to finish his ice cream. Dexter's mother, however, does not allow Erik to have it because Dexter has been tested positive to HIV. Will Erik get the virus if he eats Dexter's ice cream? No.
Wed, 22 Nov 1995, 00:00 WIB
Banditry rampant
Banditry rampant From Neraca Many foreigners in Jakarta complain about the rampant hooliganism. Japanese and Korean entrepreneurs report extortion and other crimes to the police. Vendors in Tanah Abang, nearby discotheques, and other entertainment centers are regular and easy targets of extortionists. Hooligans also spread nails on roads to puncture tires. Then the gangs help change the tire but later demand a large amount of money.
Wed, 22 Nov 1995, 00:00 WIB
SEAG medalists to get bonuses from tycoons
SEAG medalists to get bonuses from tycoons JAKARTA (JP): Business tycoons will provide bonuses for Indonesian medal winners at the 18th Southeast Asian Games in Chiang Mai, Thailand, Chairman of the National Sports Council Wismoyo Arismunandar said. Wismoyo told reporters yesterday that the council was planning to hold a meeting to discuss the matter with a group of well- known businesspeople before the departure of the national contingent to Chiang Mai.
Wed, 22 Nov 1995, 00:00 WIB
PT Indosat to operate new telecommunication gateways
PT Indosat to operate new telecommunication gateways JAKARTA (JP): State-owned PT Indosat will operate its new international telecommunications gateways and earth station early next month. Indosat's president, Tjahjono Soerjodibroto, said here yesterday that the Rp 100 billion (US$43.6 million) facilities, included three gateways in Batam, Riau, Pantai Cermin, North Sumatra, and Banyuurip in Gresik, East Java.
Wed, 22 Nov 1995, 00:00 WIB
Govt, businessmen must draft action plans: Sofyan
Govt, businessmen must draft action plans: Sofyan JAKARTA (JP): The government should follow up the results of the Asia Pacific Economic Cooperation (APEC) leaders meeting in Osaka with concrete steps by involving the private sector in preparing strategies. Sofyan Wanandi, spokesman of domestic tycoons grouped at the Prasetya Mulya Foundation, suggested yesterday that the government immediately sit down with business people and talk about its action plans.
Wed, 22 Nov 1995, 00:00 WIB
Sun Hung Kai suspends 2 executives
Sun Hung Kai suspends 2 executives JAKARTA (JP): Beleaguered PT Sun Hung Kai Securities Indonesia said yesterday it has suspended two of its top executives just prior to the initial share offering of its client, PT Miwon Indonesia. Speaking on behalf of Sun Hung Kai, Mardjono Reksodiputro of the Ali Budiardjo, Nugroho, Reksodiputro law firm announced that the company's board of commissioners had suspended its president Edward Yuan Tse Lee and director Heru Djojo Adhiningrat on Oct. 23.
Wed, 22 Nov 1995, 00:00 WIB
Perumka evicts squatters in Tanah Abang
Perumka evicts squatters in Tanah Abang JAKARTA (JP): Squatters along the Tanah Abang railway track gave up their shanties yesterday to a demolition team backed by 80 military troops. Unlike on previous occasions, the 50 huts along the tracks were demolished without protests or tears. The demolition team, made up of officials from the Tanah Abang district and the state-owned railway company Perumka, asked the military to back them up in case of resistance.
Wed, 22 Nov 1995, 00:00 WIB
Superstition leads to trees' demise
Superstition leads to trees' demise JAKARTA (JP): The West Jakarta authorities will be replacing shade trees with a different species following complaints from businesspeople that the Angsana trees could bring them bad luck. According to a traditional belief among Indonesians of Chinese descent, Angsana trees have negative effects on business gains, Chief of West Jakarta's Park Agency Abuhir Siara said yesterday. He said they also complained about the trees blocking the view of their signboards.