Indonesian Political, Business & Finance News

Archive: 6 December 1995

54 articles found

Presidential candidacy

Presidential candidacy From Jayakarta, Based on my clippings I see that four ministers, two ulema organizations and two youth organizations have already expressed their determination to renominate the President as a candidate in the next election. Some state leaders are of the opinion that such a move is legal and that the 1945 Constitution does not prohibit it.

Arsonist under psychiatric watch

Arsonist under psychiatric watch PALEMBANG, South Sumatra: Police have requested that experts at the Palembang Mental Hospital evaluate 24-year-old Mardiani who is suspected of setting a fire which razed 23 houses, including her own. Police chief Capt. Musyafak told Antara that psychiatric evaluation is needed to understand the motif for the arson which took place in the 27 Ilir and 28 Ilir subdistricts. "If she were normal, she wouldn't have burnt down her own house, too," Musyafak said.

Steady Safe reports profit jump

Steady Safe reports profit jump JAKARTA (JP): Publicly-listed transport firm PT Steady Safe booked a net profit of Rp 26 billion (US$11.3 million) in the first nine months of this year from its total revenues of Rp 65 billion, the company announced yesterday. The company's newly appointed vice president, Handoko Gunawan, said after an extraordinary meeting of the company's shareholders here that the net profit reflected an increase of 150 percent over the same period of last year.

Pijar honors activists

Pijar honors activists JAKARTA (JP): Pijar Indonesia, a vocal human rights organization, awarded three women, including one described by the government as an anti-Indonesia campaigner, with awards for their contribution to the promotion of human rights and democracy in Indonesia. Pijar Indonesia, a network of young human rights activists, announced that Yeni Rosa Damayanti, Hayati and Carmel Budiardjo are recipients of this year's Pijar Democracy awards.

3 more athletes sick ahead of SEA Games

3 more athletes sick ahead of SEA Games JAKARTA (JP): Indonesia has received another blow on the eve of the 18th Southeast Asian Games in Chiang Mai, Thailand, with three more of its best medal hopes being dropped from the team because of illness. Indonesian mission chief Arie Soedewo said here yesterday that the three track and field athletes concerned are suffering from typhus. Earlier, four badminton players were injured during their final preparations for the Games.

Press criticized over poor arts coverage

Press criticized over poor arts coverage JAKARTA (JP): The Indonesian press is to blame for the public's ignorance of the development of local arts because of its superficial coverage, a senior journalist says. J.B. Kristanto of the Kompas daily said at the National Arts Congress yesterday that many journalists who cover the arts do not have adequate knowledge of the subject. Therefore, their writing or criticism of any artistic event is below standard, he said.

Freeport told to respond to concerns

Freeport told to respond to concerns TIMIKA, Irian Jaya (JP): President Soeharto has urged PT Freeport Indonesia, an American copper and gold mining company, to respond to recent concerns about the environmental impact of its huge operation in Irian Jaya.

Disasters cause great loss

Disasters cause great loss MANADO, North Sulawesi: The various natural disasters, such as floods and landslides, which occurred this year and damaged public facilities have caused an estimated financial loss of Rp 15 billion (US$6.6 million). A number of irrigation installations and portions of roads were wrecked in the disasters, according to head of the local office of the Ministry of Public Works, J.P. Rantung.

Legislators blast developers

Legislators blast developers JAKARTA (JP): The House of Representatives expressed concern yesterday that most major developers have failed to abide by a ruling requiring them to build three medium-class and six low- cost houses for each luxury house they construct.

What's gone wrong?

What's gone wrong? Tomorrow 4,000 of the best sportsmen and women of this region will march into the Chiang Mai stadium for the opening ceremony of the 18th Southeast Asian Games. Participants in this grand sports festival will include Vietnam, Myanmar, Laos, Cambodia, Malaysia, Singapore, the Philippines, Brunei Darussalam, host Thailand and defending overall champion Indonesia.

Indonesia woos infrastructure investors

Indonesia woos infrastructure investors MELBOURNE, Australia (AFP): Indonesia wants foreign companies to bid for up to US$11 billion of transport infrastructure development over the next five years, Indonesian Communications Minister Haryanto Dhanutirto said yesterday. Haryanto, who has special responsibility for non-road infrastructure development, including ports and airports, told a trade conference here his government wanted investment through joint ventures with state-owned companies.

RI tennis stars to make clean sweep in SEAG

RI tennis stars to make clean sweep in SEAG JAKARTA (JP): There is nothing to prevent Indonesia's tennis team from making a clean sweep at the 18th Southeast Asian Games in Chiang Mai, Thailand, according to a senior official of the Indonesian Tennis Association. Association director Ponco Sutowo said on Monday that, in terms of skill, the national team is head-and-shoulders above all its Southeast Asian rivals.

Traders complain of police intimidation

Traders complain of police intimidation JAKARTA (JP): Seven people, representing 271 traders from the Muara Karang market in Pluit, North Jakarta, have complained about police intimidation. The traders, who visited the City Council office on Monday, said many of them had been summoned by the National Police Headquarters over an anonymous letter sent to the developer of the new market project. "We have no idea about the letter.

Bambu Apus massacre reenacted

Bambu Apus massacre reenacted JAKARTA (JP): The reconstruction of a multiple murder, said to be one of Jakarta's most brutal crimes, took place at the scene of the crime at Bambu Apus in East Jakarta under tight security yesterday morning. The fear of an angry mob attacking the suspects in the killing of a housewife and her three young children proved to be unnecessary due to the well-prepared arrangements by the local police precinct.

Schools must also function as cultural centers

Schools must also function as cultural centers JAKARTA (JP): Indonesian arts schools should not only function as learning institutions but also as art and cultural centers, an expert said. Mursal Esten, a professor at the University of Andalas in Padang, West Sumatra, told the First National Arts Congress here yesterday that many arts institutes merely produce "graduates of arts school" but not "real artists".

Policemen's attackers jailed

Policemen's attackers jailed JAKARTA (JP): The South Jakarta District Court has sentenced two thugs to five years imprisonment each for attacking police officers. Presiding judge I Gusti Ngurah Somya said at Monday's trial that Reza Lawalata and Idris Tuarita were proven guilty of attacking Capt. Arman Depari and Lt. Budi Santosa in the Blok M shopping area on March 6. Lt. Budi Santosa was killed in the attack.

SE Asia to rely on external financing

SE Asia to rely on external financing HONG KONG (Reuter): Southeast Asian economies will rely increasingly on external financing for growth in the next decade but some economies could be volatile during periods of uncertainty or speculation, said Janet Henry, an Asia-Pacific economist with the Economist Intelligence Unit. "Indonesia stands greater risk here," Henry told a country- risk seminar. Henry said that as U.S.

Conti to set up RI plant

Conti to set up RI plant HANOVER, Germany (Reuter): German tire maker Continental AG said it had signed a cooperation deal with Indonesian PT Oroban Perkasa Ltd. Conti said in a statement PT Oroban would manufacture tires for it under license for the Indonesian market. PT Oroban is part of the Starsurya group and had a capacity of 1.1 million tires a year, a number it plans to double in the near future.

Bureaucracy complicates harbor improvement

Bureaucracy complicates harbor improvement JAKARTA (JP): Bureaucracy is complicating the efforts of the Muara Baru fish harbor authority in North Jakarta to improve both the harbor's condition and the lives of its fishermen. Harbor Chief Sigit Kusyanto told visiting House members of Commission IV for fishery and agriculture on Monday that he lacks the authority to do much of what needs to be done. For example, he said, "We have been lacking clean water for years.

Computer venture planned

Computer venture planned JAKARTA (JP): PT Versa Data Systemindo of Indonesia plans to form a joint venture on computer services with Industrial and Financial System (IFS) of Swedia. The company said in a statement yesterday that the new venture will develop IFS Applications, including data, maintenance, manufacturing, distribution, shop floor and financial management systems.

Floods in Jakarta

Floods in Jakarta From Kompas The news that the flooding in South Jakarta may hit 2.8 meters makes me despondent. Why do floods recur each year? What is the actual damage each time a flood hits a residential area? The flooding seems to be too quickly forgotten. Dams are poorly repaired, accompanied by a prayer it won't collapse again. An easy way out. Why can't we be more serious in solving the problem? Don't we have experts to prevent the overflowing of the Pesanggrahan and the Sekretaris?

Jakarta backs Habibie to retain ICMI chair

Jakarta backs Habibie to retain ICMI chair JAKARTA (JP): Leaders of the Jakarta branch of the Association of Indonesian Moslem Intellectuals (ICMI) expressed their determination to re-elect incumbent chairman B.J. Habibie, albeit in a more democratic way. Lukman Harun, the chairman of the branch's advisory board, told the media yesterday that "99.9 percent" of ICMI's branch members want Habibie to retain the chairmanship.

Coffee prices recover

Coffee prices recover LONDON (Reuter): Robusta coffee futures recovered some lost steam to end firm but just off highs at midday yesterday, following short-covering and bargain hunting at the lows, traders said. Selling from Vietnam and Indonesia, which had been prevalent in recent weeks, was said to have tailed off yesterday. "It was due for a bounce...but New York will dictate if it is sustained," said one trader.

Spotlight

Spotlight Photo A: Jagger Sheraton Timika MICK JAGGER: Rock star Mick Jagger (left) talks with Urs Klee, the general manager of Sheraton Timika in Irian Jaya. Mick Jagger recently toured eastern Indonesia on a P&O Spice Island Cruise.

Malaysia ready to build planes with Indonesia

Malaysia ready to build planes with Indonesia LANGKAWI ISLAND, Malaysia (Reuter): Malaysian Prime Minister Mahathir Mohamad said his country was ready to work with Indonesia on building bigger airplanes, the national Bernama news agency reported. Mahathir, who opened an international maritime and aerospace show in Malaysia's northern Langkawi island yesterday, said the collaboration was suggested by Indonesia's State Minister of Technology and Research B.J. Habibie.

Malaysia, Indonesia agree on plywood price

Malaysia, Indonesia agree on plywood price KUALA LUMPUR (Reuter): Malaysia and Indonesia have for the first time reached a mutual understanding on the export volume and price of plywood, the national Bernama news agency said yesterday. The pact between the Malaysian Panel-Products Manufacturers' Association (MPMA) and APKINDO, the Indonesian association of plywood manufacturers, aims to maintain and stabilize the plywood industry of both countries.

Oil and gas crucial to economic stability

Oil and gas crucial to economic stability JAKARTA (JP): The government's revenues from the oil and gas sector will remain important in stabilizing the country's economy against internal and external factors, economist Sjahrir said yesterday. Speaking at a seminar on Oil and Gas Indonesia 2020, Sjahrir said that even though Indonesia's macroeconomy had been much less dependent on oil and gas variables, oil and gas revenues would have different effects toward the economy, as compared to taxes.

Sea tourism to attract Austrians

Sea tourism to attract Austrians AMBON, Maluku: Austrian Ambassador Hans Demel urged Governor M. Akib Latuconsina to develop sea tourism and recreations, such as diving and wind surfing, in order to attract more visitors from his country. "Maluku has great potential for such tourism," Demel was quoted by Antara as saying when he visited the governor on Monday.

Gun used to shoot guard identified

Gun used to shoot guard identified JAKARTA (JP): Police said yesterday that the gun used in the shooting of a security guard at a Bank Internasional Indonesia (BII) branch office in South Jakarta on Tuesday evening was a high-powered 9-mm FN pistol. Records indicate that only members of the Army, Air Force and Navy are authorized to use that gun in Indonesia. However, police declined to confirm yesterday that this is the case. City Police Spokesman Lt. Col.

Improper training causes injuries to national shuttlers

Improper training causes injuries to national shuttlers JAKARTA (JP): Flawed training techniques during the preparations for the 18th Southeast Asian Games have been blamed for the injuries suffered by four Indonesian badminton players. Mangombar Ferdinand Siregar, a sport observer, told The Jakarta Post in a telephone interview Monday that coaches now tend to provide a set training program for all athletes.

RI urged to sign pact on money laundering

RI urged to sign pact on money laundering SEMARANG (JP): Noted legal expert Muladi said yesterday that Indonesia should quickly ratify the 1988 international convention on money laundering and enact legislation accordingly. Muladi, the rector of the Diponegoro University, said in a law seminar that failure to ratify the convention could lead to Indonesia becoming isolated in the international banking community.

RI-Canada trade promoted

RI-Canada trade promoted TORONTO (AFP): Indonesia leads Southeast Asia in trade with Canada and is the region's biggest recipient of Canadian investment, International Trade Minister Roy MacLaren said Monday. The minister, speaking to a group of businessmen with interests in Indonesia, said that country was already Canada's largest market for merchandise exports in the region and was a growing market for Canadian exports of services.

Razor wire

Razor wire On Nov.25 you printed a photograph of two workers who were putting what you called "barbed wire" on top of the fence of the British Embassy in Jakarta. I can assure you that the wire is what is commonly named "razor wire". We have to handle this razor wire, which is used by many military installations, with much more care than ordinary barbed wire. C.B. VAN NIDEK Jakarta

Kidney patients need transplants

Kidney patients need transplants MEDAN, North Sumatra: Once the government adopts the recent convention on kidney transplantation from corpses, some 1,000 patients could be helped annually. Deputy chairman of the Indonesian Kidney Foundation R.P. Sidabutar told Antara on Saturday that the "Kemayoran Agreement", established during the last congress of nephrologists (experts on kidney diseases) in September, contains five principles to better help patients.

Postal company to buy F-28 aircraft for airmail

Postal company to buy F-28 aircraft for airmail JAKARTA (JP): PT Pos Ekspres Prima has signed a contract with the Fokker company of the Netherlands for the purchase of two F- 28 aircraft for its airmail services, a company executive says.

RI's Bukaka sees sales boost

RI's Bukaka sees sales boost MELBOURNE (Reuter): Indonesia's Bukaka group could lift annual sales by US$100 million to $200 million as a result of Indonesia's planned $50 billion of infrastructure spending, chairman Fadel Muhammad said here yesterday. He said the group, which includes the listed engineering company PT Bukaka Teknik Utama and privately-held interests, currently had annual sales of about $200 million.

TV today

TV today TVRI 2:35 p.m. TV Series: Amazing 3:05 Music: Gita Wicara 3:30 Science World 4:05 Among Us 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country: South Sumatra 6:15 Village Program 6:45 TV Series: Circus Bill Bixby's 7:00 Evening News 7:25 Garuda Pancasila 7:30 Cultural Rainbow: Kupang 8:05 TV Drama Report: Festifal Sinetron Indonesia 9:00 World News 9:25 Travels 9:45 Music 10:45 Late News 11:55 Film: Burke and Willies Program 2 4:30 p.m.

Palapa-C1 satellite in orbit next month

Palapa-C1 satellite in orbit next month JAKARTA (JP): The government has announced that the country's Palapa-C1 telecommunications satellite will be launched on Jan. 31 from Cape Canaveral in Florida, the United States.

One killed in blast on dredge

One killed in blast on dredge CIREBON, West Java: A welder at the PT Koja Bahari dockyard, Cirebon Port, died when the fuel tank of a dredge he was working on exploded on Monday. The shipping company's spokesman, Fajri, said Da'u, 34, died at the accident site of severe burns. The victim was a resident of Kaplongan village, Karangampel subdistrict, Indramayu regency, Antara reported. Another welder, Padmo, 27, was also injured after he was hurled several meters by the impact of the explosion.

Yogie hopeful about fair and honest election

Yogie hopeful about fair and honest election JAKARTA (JP): Is the 1997 general election going to be fair and honest? "Insya Allah (God willing)," was the response yesterday from Minister of Home Affairs Moch. Yogie S.M.. That was the furthest Yogie has been willing to go in addressing the demands of the two minority parties -- the United Development Party (PPP) and the Indonesian Democratic Party (PDI) -- that the words "honest and fair" be included in the general election rules.

'Asian ports must cope with growth'

'Asian ports must cope with growth' SINGAPORE (AFP): Asia has to beef up its ports and develop new ones to ensure that the region's economic vibrancy is not hindered, Singapore's trade and industry minister Yeo Cheow Tong said yesterday. By 2000, Asian ports were expected to face an annual container-handling demand of 104 million twelve-foot equivalent units (TEUs), double the earlier estimated demand of around 52 million TEUs, he said.

Govt to maintain control on state firms

Govt to maintain control on state firms JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that the government would maintain its control over important state-owned companies despite the liberalization trend in the world economy. "We should not be overzealous and take unnecessary actions in response to liberalization," he told a parliamentary session, which will close tomorrow.

Nokia launches handset

Nokia launches handset JAKARTA (JP): Nokia Mobile Phones, part of the Finnish Nokia Group, introduced the improved version of the N-2110 telephone handset used for the global system for mobile communication (GSM) here yesterday. The company's senior vice president for the Asia-Pacific and the Gulf, Jouko Hayrynen, said that Indonesia is one of the key markets in Asia together with China and India, and that Nokia was aiming to double the number of cellular telecommunications subscribers.

Indonesians the worst drivers in the world

Indonesians the worst drivers in the world JAKARTA (JP): When it comes to traffic discipline, Indonesians are rated among the worst in the world, a British consultant said yesterday. David Stewart, a traffic management consultant, said in a seminar in Yogyakarta that lack of discipline among Indonesian motorists is the chief cause of traffic congestions found in the country's large cities, Antara reported.

Police investigate train accident

Police investigate train accident CILACAP, Central Java: Police and railway authorities are investigating a fuel train accident which happened on Sunday and which caused a financial loss of Rp 2.7 million (US$1,188). The train, belonging to the Pertamina state oil company, was carrying 8,890 liters of diesel fuel. It overturned near Maos railway station. Local police chief Col. Demak Lubis told Antara the accident may have occurred because the rail tracks were slippery following heavy rains.

Former activists see sign of disintegration

Former activists see sign of disintegration JAKARTA (JP): A group of former student activists met with Vice President Try Sutrisno yesterday to express their concern over the growing signs of disintegration in society. Djusril Djusan, the chairman of the Arief Rahman Hakim Troops, a group of former student activists, said their meeting with the vice-president also examined the country's sensitivity toward problems which could disrupt unity.

Taiwan, local firms reach $300m deal

Taiwan, local firms reach $300m deal TAIPEI (Reuter): Taiwan's state-run Chinese Petroleum Corp CHIP.CN (CPC) said yesterday it will sign a contract on Dec. 17 with unnamed Indonesian counterparts to invest US$300 million in a petrochemical zone in that country. Part of the project will involve moving CPC's currently closed No. 2 naphtha cracker to Indonesia from the southern city of Kaohsiung, CPC spokeswoman Ho Li-chun said by telephone.

Governor Surjadi gets award

Governor Surjadi gets award JAKARTA (JP): Governor Surjadi Soedirdja was awarded the Satyalencana Pembangunan (faith in development) award yesterday for furthering the transmigration program. Minister of Transmigration Siswono Yudohusodo, on behalf of President Soeharto, pinned the insignia on him during a ceremony at the City Hall yesterday. Siswono said Surjadi successfully promoted the transmigration program during his term in office.

Moral dilemma while country nears political crossroads

Moral dilemma while country nears political crossroads By Mochtar Buchori JAKARTA (JP): One evening while preparing for a trip, I was called by a friend. He sounded very tense. "Something very important has happened. Minister Sarwono was just summoned by the President and advised to keep his temper in check. You know what that means, don't you?" I was aghast. For a moment I thought that we were in a deep political crisis.

UN envoy briefed on rights in E. Timor

UN envoy briefed on rights in E. Timor DILI, East Timor (JP): East Timor Governor Abilio Jose Osorio Soares yesterday explained the human rights situation in the province to visiting United Nations High Commissioner for Human Rights Jose Ayala Lasso. Abilio told the UN envoy that the presence of troops in the province has been, and still is, motivated by a need to keep conflicting East Timorese groups apart, his spokesman Exspedito Diaz Ximenes told reporters after the meeting.

Local businesses urged to brace for ISO-14000

Local businesses urged to brace for ISO-14000 SURABAYA, East Java (JP): Former state minister of environment and population, Emil Salim, reminded producers of leading export commodities to prepare for the implementation of the ISO-14000 environment standard series.

Governor backs strengthening of decree

Governor backs strengthening of decree JAKARTA (JP): Governor Surjadi Soedirdja welcomes the idea to convert the gubernatorial decree on the building of apartments into a provincial decree which is legally stronger. Surjadi said yesterday that the idea which came from a city councilor was good input. Such a degree would enable the administration to pressure developers into respecting their obligations. Decree No.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 5, 1995: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 975 0 5,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,825 50 483,000 Aneka Kimia Raya 6,000 0 0 Anwar Sierad 1,100 -25 70,000 Aqua Golden Mississippi 1,750 0 0 Argha Karya Prima Industry 1,850 0 13,000 Argo Pantes 2,075 0 0 Asahimas Flat 2,350 -25 478,500 Asiana IMI Indusrties...

Beware of wicked housemaid

Beware of wicked housemaid From Republika I want to warn readers who have just employed a new maid. On Aug. 15, 1995 my maid Rambat asked for permission to visit her home town for a week. She comes from Mungkung village, Wonosobo in Central Java and is about 20 years old and 140 centimeters tall. She had been with us for about one year and had shown convincingly nice behavior and satisfactory work. After two weeks she didn't return.