Indonesian Political, Business & Finance News

Archive: 27 December 1995

46 articles found

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 26, 1995: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 900 75 1,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,625 25 160,000 Aneka Kimia Raya 6,000 0 0 Anwar Sierad 1,050 0 35,000 Aqua Golden Mississippi 1,750 0 0 Argha Karya Prima Industry 2,025 25 34,000 Argo Pantes 2,075 0 0 Asahimas Flat 2,225 0 41,000 Asiana IMI Indusrties...

Solution to Haryanto's case 'strange': Expert

Solution to Haryanto's case 'strange': Expert JAKARTA (JP): Legal expert Loebby Loqman said yesterday the government's announcement which cleared Minister of Transportation Haryanto Dhanutirto of alleged financial misdeeds was "strange". "Seen from a legal point of view, the solution to the corruption charge is strange," the lecturer at the University of Indonesia told The Jakarta Post by telephone. "This is a political solution, not a legal one.

Floods on Jl. Ciledug

Floods on Jl. Ciledug From Neraca The whole stretch of Jl. Ciledug Raya in South Jakarta was flooded after the smallest rainfall causing a tremendous slowing down of the traffic and created lengthy jams. I recently saw during such a flooding that the cause was the malfunctioning of the gullies leading to the drainage system. These inlets were full of sand and perhaps garbage.

ABRI refuses ransom demands

ABRI refuses ransom demands JAYAPURA, Irian Jaya: The Armed Forces (ABRI) asserted that it will not give in to ransom demands by the Free Papua separatist organization (OPM) who have been holding two high school students hostage since November. "If what is meant by negotiating is to ask for ransom money for the two students, then we refuse," said military spokesperson Brig. Gen. Suwarno Adiwijoyo said Monday evening on the possibility of talks with the separatists.

'Dangdut' performance on New Year's Eve

'Dangdut' performance on New Year's Eve JAKARTA (JP): Rhoma Irama, a local musician known for his Indian-influenced dang dut compositions, will perform at Taman Mini (Beautiful Indonesia in Miniature Park) in East Jakarta on New Year's Eve. Taman Mini Marketing Manager Widarso said yesterday that several dang dut artists, including Jaja Miharja, Intan Ali and Noor Halimah, are also scheduled to perform.

Civil servants told not to make political comments

Civil servants told not to make political comments JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. yesterday ordered the country's four million-strong civil servants to refrain from making political comments as the country prepares for the 1997 general election. "We must try not to dramatize political issues. We have to exercise restraint," Yogie, who also is chairman of the Civil Service Corps, said during a get-together with members.

Air Defense has new chief

Air Defense has new chief JAKARTA (JP): Col. Supardi, commander of Regiment I Falatehan at the City Military Command has installed Maj. Heru Wibowo as new chief of the Air Defense Detachment. The handing-over ceremony took place last Thursday in Jakarta, Col. Didi Supandi, spokesman for the City Military Command said yesterday. Heru, who was a teacher for the artillery armory training center in Malang, East Java, replaces Maj. Muhidin Ishak. Col.

More 'green' carrots than stick in 1995

More 'green' carrots than stick in 1995 By Ati Nurbaiti JAKARTA (JP): The environmental conservation campaign saw a more mundane government approach in 1995 and a more aggressive drive by non-governmental organizations (NGOs) in Indonesia. There were hardly any significant new environmental regulations introduced and disappointingly few environmental court cases prosecuted during the 12 months, as the government appeared to resort more to using the carrot than the stick.

Conceited bureaucrats

Conceited bureaucrats One of the keys to President Soeharto's success in leading this nation was revealed when he received 90 officers studying at the Armed Forces Staff and Command School, on Sunday, December 24, on his Tapos ranch in Bogor. Speaking about his experiences during the early days of his tenure as president of this Republic, Pak Harto said he often held discussions with experts in the fields of economics and politics because at that time his knowledge of such problems was limited.

Move New Year's party to Monas: Councilors

Move New Year's party to Monas: Councilors JAKARTA (JP): City Council members suggested yesterday that, in the future, the local administration hold its New Year's Eve party at Monas (National Monument) park in Central Jakarta and not at its current site of Ancol dreamland in North Jakarta With the ongoing construction of an elevated toll road in front of the amusement park, possible flooding and traffic congestion, Ancol is not suitable for the event, said Ismunandar, the City Council's deputy...

Ruwiyati may take part in Olympics

Ruwiyati may take part in Olympics JAKARTA (JP): Ruwiyati, who won the women's marathon gold medal at the just concluded 18th Southeast Asian Games in Chiang Mai, Thailand, looks set to represent Indonesia at the 1996 Olympic Games in Atlanta, his coach said.

Govt vows to ensure credit for low cost houses

Govt vows to ensure credit for low cost houses JAKARTA (JP): The government yesterday gave assurances that bank credits for the construction of low cost houses will continue to flow next year despite threats of a possible credit crunch in the property sector. State Minister of Public Housing Akbar Tandjung told reporters yesterday that the government has requested all the banks to give priority to financing low and medium-cost houses.

Young generation and the future

Young generation and the future From Pikiran Rakyat I am very concerned about the condition of the present younger generation. In the town of Sumedang, West Java, many young people are found to be involved in drug abuse. They consume alcoholic drinks and take drugs to try and reach states of ecstasy. What kind of future will Indonesia have if the present generation indulges in the kind of life that is contradictory to religious teachings.

Cikampek holiday traffic claims life

Cikampek holiday traffic claims life PURWAKARTA, West Java: A collision between a "Primajasa" passenger bus and a van has resulted in the death of a 32-year- old man and caused a standstill in holiday traffic along the Purwakarta-Cikampek route. The collision which killed Dachlan, the driver of the Suzuki Carry van with license plate B-1068-YA, occurred on Monday afternoon during heavy traffic caused by Christmas holiday makers returning home.

Bandung Art Academy upgraded

Bandung Art Academy upgraded BANDUNG, West Java: Minister of Education and Culture Wardiman Djojonegoro here on Saturday inaugurated the upgrading of the Indonesian Dance Academy (ASTI) into the School of Indonesian Arts (STSI). The new status now allows the school to award full fledged graduate degrees. "In fact, based on the government's ruling No. 30/1990, if it fulfills all the requirements, STSI can open a graduate and doctorate program," Wardiman said.

ASEAN Center boosts export drive to Japan

ASEAN Center boosts export drive to Japan JAKARTA (JP): The Tokyo-based ASEAN Promotion Center is committed to improving efforts next year to promote exports from the members of the Association of Southeast Asian Nations, including Indonesia, to Japan.

Hasjim Ning dies of heart failure

Hasjim Ning dies of heart failure JAKARTA (JP): Masagoes Noer Mohammad Hasjim Ning, one of the oldest and most successful indigenous entrepreneurs, died here yesterday afternoon at the age of 79. According to his relatives, the soldier-turned-businessman died of heart and kidney diseases that he had been fighting for the last six months. He is survived by his third wife, Ratna Maida, and his five children.

Curtain brought down on national sports woes

Curtain brought down on national sports woes By Robert Soelistyo and Dwiatmanta JAKARTA (JP): Whereas 1994 was remembered as a promising year for Indonesian sport, highlighted by the success of winning two world badminton supremacy symbols -- the Thomas Cup and the Uber Cup -- 1995 has shattered all hopes with the defeat of the nation's best athletes in the 18th Southeast Asian Games in Chiang Mai, Thailand.

1996 tough for political parties: Academician

1996 tough for political parties: Academician By Haryoso SEMARANG, Central Java (JP): Political observer Riswandha Imawan predicts a gloomy 1996 political scene, with the clout of political parties declining even further than in this passing year. The Gadjah Mada University lecturer told The Jakarta Post yesterday that the roles of the ruling Golkar, the Moslem-based United Development Party (PPP) and the nationalist Indonesian Democratic Party (PDI) will lessen next year.

'Golkar committed to clean government'

'Golkar committed to clean government' JAKARTA (JP): Golkar chairman Harmoko said yesterday that the ruling political grouping is committed to the establishment of a clean government. Addressing a year-end press conference, Harmoko pledged that Golkar would continue to fight corruption and collusion. Its campaign for a clean government, he said, would be conducted in legally accepted ways.

Ve Wong to invest in RI

Ve Wong to invest in RI TAIPEI (Reuter): Taiwan's Ve Wong Corp, one of the island's major food manufacturers, will invest in a US$20 million joint venture to produce monosodium glutamate in Indonesia, a company spokesman said yesterday. Ve Wong decided at a recent board meeting to take 49 percent of the venture which is scheduled to have a monthly production capacity of 15 million tons, the spokesman said. "We will soon finalize details with Indonesian counterparts for the venture.

Haryanto cleared of graft charges

Haryanto cleared of graft charges JAKARTA (JP): President Soeharto cleared Minister of Transportation Haryanto Dhanutirto yesterday of embezzlement charges and declared the case closed. Ending three weeks of speculation, Minister/State Secretary Moerdiono announced in his office that an investigation into the allegations found that there were "administrative errors, mistakes and improprieties".

Organized crime syndicates here: Criminologist

Organized crime syndicates here: Criminologist JAKARTA (JP): Organized crime organizations are operating in Indonesia, according to criminologist Mulyana W. Kusumah. "These are real organized crime syndicates, but it is still not clear whether they already have linked up with international crime groups, such as the Hong Kong Triad," Mulyana told The Jakarta Post yesterday.

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.a.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.

Arie right to retire

Arie right to retire From Media Indonesia I hail Arie Sudewo's plan to retire from his position in the management of the Indonesian National Sports Committee following the failure of the Indonesian contingent at the recent Southeast Asian Games in Chiang Mai, Thailand. The retirement does not necessarily represent an admission of mistakes but serves, rather, as a warning to sports leaders concerning the current training system and over-optimism on the part of coaches and other sports trainers.

Sun Hung Kai

Sun Hung Kai With reference to the article in The Jakarta Post on December 26, 1995, titled "Sun Hung Kai Securities license restored," I would like to inform you of a factual error contained in this article. I was not expelled by the shareholders of Sun Hung Kai Securities Indonesia. I voluntarily resigned for personal reasons as the active President Director of PT Sun Hung Kai Securities Indonesia at an extraordinary general meeting held on November 30, 1995.

JSX expects 30 companies to go public next year

JSX expects 30 companies to go public next year JAKARTA (JP): The Jakarta Stock Exchange (JSX) expects about 30 companies to list next year, including some state-owned firms, despite a planned tightening of listing requirements.

TV today

TV today TVRI 2:35 p.m. TV Series: Amazing 3:05 Children's Program: Aku Senang Menabung 3:30 Science World 4:05 Among Us: Sudah Terlanjur 4:30 Documentary 4:55 Filler/Trailer 5:00 Regional News 5:15 Indonesian Lessons: Urutan kata dan maknanya 6:05 Nusantara, the Beloved Country: East Timor 6:15 TV Circus: Billbixby Wonderful of Magic 7:00 Evening News 7:25 Garuda Pancasila/filler/Teller 7:30 Travel: Last Island 8:05 A Week of Traditional Cinema: Putri Mansori 9:00 World News 9:25 Golden...

Ministry to intervene in dispute

Ministry to intervene in dispute JAKARTA (JP): The Ministry of Manpower has ordered its regional office in Tangerang, 26 km west of here, to handle the dispute between the management of a textile company and its workers. The conflict emerged after PT Jabatex, the textile company, decided to inactivate its workers while paying them 40 percent of their salary. The workers rejected the plan and demanded a fair severance allowance.

The case of Haryanto

The case of Haryanto At last the long wait is over. After almost three weeks of tense waiting, Minister/State Secretary Moerdiono yesterday disclosed the "verdict" pronounced on Minister of Transportation Haryanto Dhanutirto, who had been charged with misconduct and corruption. According to Moerdiono, President Soeharto has pronounced the case closed on allegations of irregularities at the Ministry of Transportation. What happened was merely a series of administrative mistakes and inaccuracies.

Students slam feudal practices in education

Students slam feudal practices in education By Mochtar Buchori JAKARTA (JP): A very small news item in the Kompas daily, on Nov. 20, '95 reported a big problem in education. It was reported that university lecturers in Yogyakarta exhibit a feudal mentality, behave more like bureaucrats, that they are inferior in their fields of specialization, and lack independence in their academic outlook.

Warship fires on Thai ship

Warship fires on Thai ship BANGKOK (Reuter): A Myanmarese worker was missing from a Thai trawler after a Burmese warship fired on the vessel after chasing it into Thai waters, marine officials said yesterday. The Burmese ship chased the fishing trawler into Thai territory late on Monday, about four nautical miles northwest of Phayam Island in Ranong province, before opening fire, a marine police officer said in a telephone interview from Ranong, about 560 kilometers south of Bangkok.

Probe into alleged corruption urged

Probe into alleged corruption urged JAKARTA (JP): A member of the city council wants the city administration to investigate alleged corruption by the equipment bureau at the City Hall. The secretary of the council's Commission C for financial affairs, Amarullah Asbah, said yesterday that the council has very limited power to probe any irregularities in budget spending committed by the executives.

Trade surplus to fall by 42 percent this year

Trade surplus to fall by 42 percent this year JAKARTA (JP): Indonesia's trade surplus is projected to decline by 42 percent this year to US$4.65 billion from $8.07 billion last year as a result of the faster growth of imports relative to exports, according to the Indonesian Importers Association. Association chairman Amirudin Saud said yesterday that, despite the expected drop this year, the trade surplus is likely to increase to at least $6.2 billion in 1996.

Islamic schools to get holidays

Islamic schools to get holidays JAKARTA (JP): Students of the Muhammadiyah schools in Central Java may soon go on a month-long holiday during the Islamic fasting month of Ramadhan while their friends across the country go to school. The provincial office of the Ministry of Education and Culture has recently agreed to the holiday, as suggested by leaders of Muhammadiyah, a major Moslem organization which runs thousands of schools, so that its students can observe fasting better.

RI literature scene in 1995: More arguing, less writing

RI literature scene in 1995: More arguing, less writing By Johannes Simbolon JAKARTA (JP): This was a sad year for literature. Amidst the lack of productivity, the Indonesian literary world quarreled without conclusion over the bestowal of the Magsaysay award to novelist Pramoedya Ananta Toer. Only two works were published this year, which were considered important. Of the two only one, Arus Balik (Backward Current) by Pramoedya, is really new stuff.

New traffic ruling

New traffic ruling JAKARTA (JP): As of today Jl. Pegangsaan Barat will be for traffic flowing from the north, while Jl. Pegangsaan Timur, will be for traffic flowing from the south. The new traffic rulings have to be made in line with the completion of repair work in these streets, the head of the city land transport control agency, JP. Sepang said yesterday. He appealed to motorists to heed the new traffic signs. (sur)

Number of air passengers up

Number of air passengers up JAKARTA (ANTARA): Director General for Air Transportation Zainudin Sikado said over the weekend that the number of year-end air passengers at the country's 17 airports increases by 25 percent. Sikado told reporters that the increase is the biggest in three years. "The increase is 11.6 percent more than the last two years," he said. Christmas and New Year holidays are also holidays for students and employees taking annual leaves.

Major film festival draws attention to quality cinema

Major film festival draws attention to quality cinema By Jane Freebury JAKARTA (JP): Jakarta played host to film culture and its practitioners with events in 1995 that ranged from visits by filmmakers from Germany, eminent guest film critic Tadao Sato from Japan, to festival screenings of environmental videos and films, festivals of recent films from Mexico, Australia and Korea -- to this year's high point, the advent of the 40th Asia Pacific Film Festival.

Utut settles for another draw

Utut settles for another draw JAKARTA (JP): Despite playing white, Utut Adianto yesterday managed only a draw against his British rival Nigel Short at the 27th move, resulting in a score of 3-1 for Short. After a Reti defense, Short tried a new experiment at the 6th move by shifting his c7 pawn to c5. Utut answered by capturing Short's b4 bishop, allowing Short's pawns on the b file to lie one after another.

Drivers and discipline

Drivers and discipline From Jayakarta The traffic in the Pasar Minggu area, South Jakarta, particularly around the terminal, was smooth and orderly when the discipline enforcers were deployed to help the police keep the traffic in the city in order. But after they were recalled and assigned to other duties, the traffic was back to its old chaotic self.

Prostitution and SPSI

Prostitution and SPSI Commenting on Saraswati Karno Barkah's letter (The Jakarta Post, Dec. 14, 1955) about prostitution business, I oppose the idea to allow prostitutes into SPSI (All-Indonesian Workers Union). It is a weird idea to encourage prostitution and give it the same treatment as any other legal business. We should not consider sacrificing our civilized life on the altar of economical interests. Indonesia is not a liberal country.

Awards for Prasart Thai

Awards for Prasart Thai JAKARTA (JP): Prasart Thai restaurant, one of the restaurants at the Radisson Hotel Jakarta, received silver and gold plates in the recent Food Festival '95, sponsored by the city administration and the American Express. The restaurant got the silver plates for its third place in the Best Service and Best Culinary contests, and the gold plate for its second place in the overall category.

Soft landing seen for SE Asian economies

Soft landing seen for SE Asian economies By Anil Penna SINGAPORE (AFP): Southeast Asia's booming economies appear ready to cool as they enter 1996 after a year dominated by fears of overheating. Economists tip a welcome soft landing with lower inflation for Indonesia, Malaysia, the Philippines, Singapore and Thailand, with a correction of overheating symptoms that have clouded regional stock markets.

Depok-Bogor 2nd track ready

Depok-Bogor 2nd track ready JAKARTA (JP): The Ministry of Public Works has completed the construction of a 23-km double track railway from Depok to Bogor, West Java. The Ministry spokesman Bambang Utojo said yesterday the Rp 22 billion project is now being tried out. The double track system will make the trip between Bogor and Depok safer and faster than the one track system, he said. It will take less than one hour for the new train to cover Bogor-Depok.

Soccer federation needs restructuring: Critic

Soccer federation needs restructuring: Critic JAKARTA (JP): The All Indonesia Soccer Federation (PSSI) needs restructuring, a senior official of the association said yesterday. Kamaruddin Panggabean, a member of the PSSI advisory board, was offering his opinion for PSSI's 31st congress, to be opened this morning by Vice President Try Sutrisno at the Pondok Gede Haj Pilgrimage Dormitory in East Jakarta.