Indonesian Political, Business & Finance News

Archive: 7 December 1995

52 articles found

Real estate agents' body calls for city land bank

Real estate agents' body calls for city land bank JAKARTA (JP): The Association of Indonesian Real Estate Agents has urged the city administration to set up a land bank to manage ready-to-build plots of land as well as reclaimed land. In this way the administration will be able to avoid monopolies in the handling of land, association chairman Enggartiasto Lukita said after opening the association's provincial congress yesterday.

ICMI begins second congress

ICMI begins second congress By Santi WE Soekanto JAKARTA (JP): President Soeharto will open today the second congress of the Association of Indonesian Moslem Intellectuals, a Rp 2 billion (US$ 878,734) gathering of some 1,000 leading members. The Association of Indonesian Moslem Intellectuals (ICMI) has been preparing for this event with great fanfare and bustle. It held numerous seminars, discussions, exhibitions and other activities on Islam, the economy, politics and technology.

Internet providers have good business prospects

Internet providers have good business prospects JAKARTA (JP): Business prospects for service and information- providers of the Internet superhighway are still good, but the network's rapid growth in Indonesia may slow down if the government decides it has a negative impact, an academician says. Professor Dimyati Hartono of Diponegoro University's School of Law in Semarang, Central Java, said yesterday that there are presently less than 10 Internet service providers in the country.

Political worries

Political worries On Monday, November 12, 1995, The Jakarta Post reported that a Golkar official had made his worries known about the emergence of new organizations under the names of defunct political parties. Mr. Gafur suspects that such organizations could undermine nationalism and unity. Why should he be suspicious? It cannot be denied that Golkar's negative fears might carry some truth, although they are lacking proof.

TV today

TV today TVRI 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ultraman 3:00 Talks Show: Mr.

The ICMI phenomenon

The ICMI phenomenon For a five-year-old organization, the special spotlight focused on the second congress of the Association of Indonesian Moslem Intellectuals (ICMI), which starts today in Jakarta, is unusual. But, then again, ICMI is no ordinary organization. Founded in 1990 in Malang, East Java, ICMI has burst onto the Indonesian political scene to overshadow many older organizations.

Adrianus to take on Amando here

Adrianus to take on Amando here JAKARTA (JP): Indonesian Orient and Pacific Boxing Federation lightweight champion Adrianus Taroreh will take on Mexico's Amando Ignacio Yaco Me in a non-title bout here on Sunday. However, the hard-jabbing champion will fight the Mexican in the light welterweight, not lightweight division. Adrianus now weighs 63.5kg, just the right weight for the light welterweight division after struggling hard for some time to put it on. His former weight was 61.2kg.

Award for jailed reporter

Award for jailed reporter JAKARTA (JP): Ahmad Taufik, imprisoned former Tempo reporter, is one of five journalists named for this year's Freedom Awards, conferred by the New York-based Committee to Protect Journalists, Reuters reported yesterday. Ahmad is currently serving a jail term after the Jakarta District Court found him guilty early this year of sowing hatred against the government.

ICMI expected to shed image as sectarian group

ICMI expected to shed image as sectarian group SEMARANG, Central Java (JP): Political observers are greeting the second congress of the influential Association of Indonesian Moslem Intellectuals (ICMI) with criticism. Muladi, who is rector at Diponegoro University, said here yesterday that the next leadership of ICMI should resolve a number of faults which cropped up during its first five years of existence under the leadership of State Minister of Research and Technology B.J. Habibie.

Illegal labor export probed

Illegal labor export probed JAKARTA (JP): City police are continuing their investigation into two illegal attempts to send 10 Indonesian women to work in Saudi Arabia and Brunei Darussalam last month. Chief of the Association of Labor Export Companies, Mahfut Djaelani, said yesterday that five of the women, registered as staff of PT Damas, were to be flown to Saudi Arabia. The other five, which had been organized by an agent in Tanjung Priok, North Jakarta, were to be flown to Brunei Darussalam.

Solving traffic jams

Solving traffic jams Sony Soeryadi's suggestion entitled 'Reducing traffic jams' (The Jakarta Post, Dec. 4, 1995) is in my opinion as a layman most reasonable. I happen to know that the system "going by private car from home to a railway station, parking the car in a certain parking place nearby, going by train to work, has been applied by some commuters from Depok to downtown Kota and vice versa.

Rickshaw driver killed in crash

Rickshaw driver killed in crash CIREBON, West Java: A rickshaw driver was killed in a crash involving two trucks and an intercity bus on a main highway in Cirebon on Tuesday. The 35-year-old rickshaw driver was slammed by one of the trucks as it collided with the bus on Jl. Kalijaga, Antara reported witnesses as saying. The two bus passengers injured in the crash were taken to a nearby hospital. Drizzling rain made the road slippery, one witness said.

Shaw wins contracts

Shaw wins contracts BATON ROUGE, USA (Reuter): Shaw Group Inc. said it has received contracts totaling about US$14 million. The contracts cover the design, pipe fabrication and related materials for two 660 megawatt coal fired power plants in Indonesia and the pipe fabrication of a specialty chemical plant in the southern United States. The company also said it plans to expand its pipe fabrication facility in Walker, Louisiana.

Indonesia's economy may continue growing next year

Indonesia's economy may continue growing next year JAKARTA (JP): Indonesia's economy will likely grow at a higher rate next year but overheating will continue to haunt it, a noted economist said.

German tourist drowned in Aceh

German tourist drowned in Aceh BANDA ACEH, Aceh: Police have launched a massive search for a German tourist who was drowned in the Kali Mas River in Badar, Southeast Aceh, on Monday, Antara reported. The news agency said Tim Klenke, 24, was crossing the river with two compatriots and an Indonesian guide when he was swept away by the current. They were on their way to Leuser National Park. Southeast Aceh police chief Lt. Col.

Jakarta names Wirjono ambassador for Canberra

Jakarta names Wirjono ambassador for Canberra JAKARTA (JP): President Soeharto selected senior diplomat Wirjono Sastrohandojo, currently Jakarta's envoy to France, as Indonesia's new ambassador for Australia, ending months of controversy and speculation about who should fill the post. Minister/State Secretary Moerdiono announced yesterday that Wirjono will be appointed "as soon as possible". "It all depends on the schedule of the President.

Corporate crime rising steadily, expert says

Corporate crime rising steadily, expert says SEMARANG (JP): Corporate crime has been rising quietly in Indonesia with law enforcers either too ignorant or unable to stop the trend, a leading criminologist said yesterday. Is Susanto, a law professor of the University of Diponegoro, said during a law seminar yesterday that people are so dazzled by the huge tax payments and export incomes big corporations are totaling that they often overlook the crimes they are committing.

Gold project encouraging

Gold project encouraging PERTH (Reuter): Gwalia Consolidated Ltd. said yesterday was encouraged by results from an initial exploration program carried out at the Sulut gold prospect in Indonesia. Gwalia has a 26 percent interest in Pacific Wildcat Resources Corp (PAW) which holds a 70 percent stake in the Salut prospect, the remaining 30 percent being by PT Aneka Tambang, the general mining company owned by the Indonesian government, and two other minority equity partners.

Elang Realty raises loan

Elang Realty raises loan JAKARTA (JP): PT Elang Realty, a property company listed on the Jakarta Stock Exchange (JSX), secured a loan commitment of US$22 million here yesterday from a syndication of seven domestic banks. The company announced here yesterday that the loan would be used to settle its debts to a number of local banks and its subsidiaries.

Joedono removed in cabinet reshuffle

Joedono removed in cabinet reshuffle JAKARTA (JP): President Soeharto in an unprecedented move yesterday reshuffled his cabinet, merging the industry and trade ministries into one, and leaving trade minister Satrio Budiardjo Joedono without a job. Under the reshuffle, which was announced by Minister/State Secretary Moerdiono in his office yesterday afternoon, all the other ministers of the Sixth Development Cabinet, formed in March 1993, retained their posts.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 6, 1995: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 975 0 0 AHAP Insurance 2,600 -600 15,000 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,800 -25 138,500 Aneka Kimia Raya 5,900 -100 15,500 Anwar Sierad 1,075 -25 7,500 Aqua Golden Mississippi 1,750 0 0 Argha Karya Prima Industry 1,850 0 17,500 Argo Pantes 2,075 0 0 Asahimas Flat 2,325 -25 130,500 Asiana...

SE Asia in dress rehearsal for Atlanta Olympics

SE Asia in dress rehearsal for Atlanta Olympics CHIANG MAI, Thailand (AFP): Former British distance runner Yvonne Danson joins more than 4,000 home-grown athletes in this Thai resort for the 10-nation Southeast Asian Games from Saturday in the last major rehearsal for the 1996 Atlanta Olympics. Hosts Thailand will be playing for high stakes, both on and off the field in the Dec. 9-17 meet, hoping that the country's economic miracle will translate into sporting prowess.

Harmoko appeals to Supreme Court over 'Tempo'

Harmoko appeals to Supreme Court over 'Tempo' JAKARTA (JP): Minister of Information Harmoko, whose decision to close Tempo news magazine was recently overruled by the Jakarta High Administrative Court, announced yesterday that he had filed an appeal with the Supreme Court, his last and only legal recourse. "It is our obligation as good citizens to use our legal options to get to the final decision," Harmoko said during a hearing with a commission of the House of Representatives.

Artists reminded about security

Artists reminded about security JAKARTA (JP): President Soeharto said yesterday that the government understands the need for a conducive artistic climate but that national security takes priority. "We can all work together to create conditions and opportunities (for artists to create)..." Soeharto said yesterday.

S. Africa, Russia eye SE Asian defense market

S. Africa, Russia eye SE Asian defense market LANGKAWI, Malaysia (AFP): Major military equipment manufacturers including South Africa and Russia are eying the Southeast Asian market, with Malaysia as a possible gateway into the region, officials said yesterday. "South Africa is using Malaysia as the starting point to boost its presence in the Southeast Asian region because of its friendship with its neighbors," South African Defense Minister Joe Modise said at a maritime and air show here.

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.

'Asia Times' rolls off presses

'Asia Times' rolls off presses BANGKOK (AFP): The first edition of the Asia Times, a regional business daily billed as Asia's answer to the Wall Street Journal and the Financial Times, rolled off the presses in three Asian cities yesterday. The English-language newspaper, with an expected initial circulation of 30,000, will be printed in Bangkok, Hong Kong and Singapore, a statement said. "Asia Times is the first Asian owned, Asian based regional newspaper," publisher Sondhi Limthongkul said.

Judges turn down Bintang's defense

Judges turn down Bintang's defense JAKARTA (JP): The Central Jakarta District Court ruled yesterday to proceed with the trial of controversial politician Sri Bintang Pamungkas, who has been charged with insulting President Soeharto. Presiding Judge Syoffinan Sumantri dismissed the arguments presented by Bintang and his lawyers that there were procedural violations in the way the defendant, a member of the House of Representatives, was questioned and interrogated by the police.

Improve tourism promotion: Soeharto

Improve tourism promotion: Soeharto JAKARTA (JP): President Soeharto inaugurated tourism, post and telecommunications projects worth Rp 3.83 trillion (US$1.7 billion) here yesterday, while calling for improved promotion and services in the tourism industry. "Tourism, post and telecommunications are sectors which can help accelerate the country's development," President Soeharto said at the inauguration ceremony, which was attended by a number of cabinet members and business leaders.

Coffee prices

Coffee prices Your article in The Jakarta Post on Dec. 4, 1995, about the 50 percent decline in coffee prices on the world market was good news. In the article you also mentioned that coffee is cheaper on supermarket shelves around the world. If your reporter had done his homework a bit better he also could have remarked that this is not the case in Indonesian supermarkets, where coffee is still selling at the same high prices in spite of Indonesia being a coffee producing country.

Indonesian athletes pour into Chiang Mai

Indonesian athletes pour into Chiang Mai JAKARTA (JP): Indonesia's huge team poured into Chiang Mai, Thailand yesterday as the 18th Southeast Asian Games three-day count-down began. The squad of 386 athletes led by Arie Sudewo decamped in Thailand's second largest city yesterday morning fully confident of retaining their overall title. The second and smaller batch, comprising 204 sportsmen and women and officials, landed later in the evening.

Ever Shine to acquire two other companies

Ever Shine to acquire two other companies JAKARTA (JP): Independent shareholders in publicly-listed synthetic fabric manufacturer PT Ever Shine Textile Industry gave their approval yesterday to the company's plan to acquire two other textiles firms at a cost of Rp 12 billion (US$5.22 million). A director of Ever Shine, Erlin Lindawati Surianto, said that the acquisition will be financed with the company's time deposits and will be paid for within three months of the date of approval.

Police witness confirms kidnapping allegations

Police witness confirms kidnapping allegations JAKARTA (JP): A police officer taking the witness stand yesterday in the trial of two men charged with the kidnapping and torture of a businessman confirmed the roles of both accused in the alleged crime. Sgt. Ida Bagus Archana told the South Jakarta District Court that the accused had been among those who kidnapped Sulaiman Iskandar Ramli, also known as Hans, on May 12 this year.

Quake destroys five houses

Quake destroys five houses DILI, East Timor: Five buildings tumbled when a powerful earthquake rocked the town of Maliana on Tuesday, Antara reported. A church and the regency administration office were partially damaged by the quake, which measured 5.7 on the Richter scale, the news agency said. There were no reports of casualties yesterday afternoon, although the tremor, which lasted about 45 seconds, was felt by most people in Maliana as well as in Dili.

Indonesia routs Cambodia 10-0

Indonesia routs Cambodia 10-0 JAKARTA (JP): Indonesia opened up a chance of making an appearance in the semifinal at the 18th Southeast Asian soccer competition with a 10-0 rout of lowly Cambodia yesterday. Smarting from an 1-2 defeat by host Thailand on Monday, the Indonesians took total control of the Group A match, leaving their goalkeeper Kurnia Sandy the only idle player throughout 90 minutes of play.

Mickey comes to town

Mickey comes to town JAKARTA (JP): Six of Disney's best-loved characters will parade along Jl. Thamrin tomorrow to greet their Indonesian fans. Mickey, Minnie, Donald, Winnie the Pooh, Snow White and Ariel The Little Mermaid are here to perform in the show "Disney's Magical Memories" this month at Plaza Indonesia. The parade of six cars will start from Plaza Indonesia at 3 p.m., traveling down Jl. Thamrin to the Bank Indonesia roundabout and returning to Plaza Indonesia.

ALatieF to set up new hotel in Ujungpandang

ALatieF to set up new hotel in Ujungpandang JAKARTA (JP): ALatieF Corporation, a private firm owned by Minister of Manpower Abdul Latief, will expand its hotel business to Ujungpandang in South Sulawesi through its subsidiary PT Pasaraya Hotel International. ALatieF's president, Usman Ja'far, said here yesterday that Pasaraya, which currently owns two hotels, will sign an agreement in January with Hyatt International to manage the planned five- star Ujungpandang hotel.

Ministry revises agreement on identity card fee

Ministry revises agreement on identity card fee JAKARTA (JP): Authority for setting the fee for ID cards has been "returned" to provincial administrations after the Ministry of Home Affairs revised its agreement with a private firm appointed to produce the new cards. The ministry's secretary-general, Suryatna Soebrata, said yesterday that the ministry had only suggested that the fee should range from Rp 1,000 (45 U.S. cents) to Rp 3,000.

Ramos defends privatization plans

Ramos defends privatization plans MANILA (AFP): President Fidel Ramos yesterday defended government plans to privatize some services to state-run hospitals and schools. "There is no intention on the part of this administration to let go of those functions and responsibilities which are purely government," a palace statement quoted Ramos as telling the cabinet and congress leaders at their weekly meeting.

Irregularities found in Kapuk land deal

Irregularities found in Kapuk land deal JAKARTA (JP): City administration has found irregularities in the deal between the local authorities and the owners of a 16- hectare plot in Kapuk Muara, West Jakarta. The deputy governor for government affairs, Idroes, said yesterday that the deal saying that the land owners were entitled to claim the land back should the authorities use the plot for commercial purposes, instead of as a public cemetery as promised, contained some errors.

Fair competition vital for future survival: Expert

Fair competition vital for future survival: Expert JAKARTA (JP): Fair competition and more incentives at home will enhance the competitiveness of Indonesia's manufactured products overseas, an expert said yesterday. Speaking at the Prasetiya Mulya School of Management's graduation ceremony, Thee Kian Wie criticized the government's failure to design a comprehensive policy ensuring fair competition.

Buying back history: Cartier exhibit in Jakarta

Buying back history: Cartier exhibit in Jakarta By Dini S. Djalal JAKARTA (JP): The treasures inspired by the travels of infamous jewelers the Cartier brothers have returned to the continent of their inspiration. "Cartier and the Magic Spell of the Orient", an exhibition of antique jewels and objects, opened Tuesday in Jakarta after showing in Kuala Lumpur, Singapore and Hong Kong. The exhibit will be at the Grand Hyatt Ballroom until this afternoon.

Trade-industry ministry merger hailed

Trade-industry ministry merger hailed JAKARTA (JP): The government's decision to merge the ministries of industry and trade was lauded by economists and politicians as timely and strategic for the economy. Others linked the mini-reshuffle of the cabinet to the slackening of Indonesia's exports over the past year, which they attributed to trade minister Satrio Budiardjo Joedono, who has now been dropped out of the cabinet.

Govt asked to be more disciplined on budget

Govt asked to be more disciplined on budget JAKARTA (JP): The Budgetary Commission of the House of Representatives urged the government yesterday to be more disciplined in implementing its budgetary plans. All four factions in the commission, including the ruling political group Golkar, said that deviations from the state budget, as seen in fiscal year 1994/1995, should not occur again in the future.

ASEAN at odds on RI tariff reduction plan

ASEAN at odds on RI tariff reduction plan By Meidyatama Suryodiningrat BANGKOK (JP): Senior officials of the Association of Southeast Asian Nations (ASEAN) yesterday failed to reach a consensus allowing Indonesia to withdraw 15 products from the list of its hasty tariff reductions, thus forcing the issue to be resolved at a higher level.

Artists debate ways of fighting off restrictions

Artists debate ways of fighting off restrictions JAKARTA (JP): The establishment of a legal aid center for artists was suggested yesterday in a discussion on arts and the law. Another suggestion was that legislators should use their right of initiative to review the regulations on permits for gatherings and cultural performances. "Maybe we need to set up a legal aid center," said writer Titi Said in one of the sessions of the National Arts Congress.

'Family row behind killing'

'Family row behind killing' JAKARTA (JP): Police are speculating that a family argument is behind the killing of Oos Rosidin in his home in Pondok Bambu, East Jakarta on Monday. A reliable police source said yesterday that statements made by the housemaid state that on the night before the killing two people, believed to be her employer's relatives, spent the night in the house.

Jak-Jazz '95 revives debate over essence of jazz

Jak-Jazz '95 revives debate over essence of jazz By Johannes Simbolon JAKARTA (JP): The old debate over the essence of jazz and its possibility to blend with ethnic music has resurfaced as the Jak- Jazz festival nears. To date, the Indonesian music community is still split into two groups; those who argue that both types can't fuse because of their essentially different characters and those who argue otherwise.

Man jailed for attempted murder

Man jailed for attempted murder PALANGKA RAYA, Central Kalimantan: A man was sentenced to nine years imprisonment for trying to set fire to a pilot and copilot during a local flight last March. Hotman Siahaan, 30, was found guilty by the local district court on Tuesday for attempted murder, Antara reported. Hotman, an employee of the North Barito regency administration, smuggled eight liters of kerosene and a knife in his bag on to a Dirgantara Air Service flight.

BSP profit rises 80%

BSP profit rises 80% JAKARTA (JP): The publicly-listed Bakrie Sumatera Plantations (BSP) booked sales of Rp 462.5 billion (US$201.3 million) in the third quarter of this year, indicating a 109 percent increase over the same period of last year. The company announced here yesterday that its net profit increased by 80 percent to Rp 24.98 billion in the July-Sept period.

Plywood firm fires 1,100 workers

Plywood firm fires 1,100 workers SAMARINDA, East Kalimantan: A troubled plywood company has finally decided to lay off all its 1,100 workers after retaining them on the payroll for over a year without any activity. PT Hartaty Jaya Plywood has been given the go-ahead by the East Kalimantan office of the Ministry of Manpower to sack the workers on condition that they pay severance pay, Antara reported.

RP military mobilization deplored

RP military mobilization deplored ZAMBOANGA, Philippines (Reuter): A Moslem community leader has condemned government troop movements in the southern Philippines, saying Manila is wrong to prepare for war while supposedly negotiating peace with Moro rebels. "I regret that while there is still negotiation, military people are trying to mobilize, trying to show force," said Hadji Nuno, a widely respected figure in this southern city.