Indonesian Political, Business & Finance News

Archive: 16 February 1995

44 articles found

New regulations issued to speed up exports

New regulations issued to speed up exports JAKARTA (JP): Minister of Finance Mar'ie Muhammad has raised the maximum value of goods or parcels that can be exported without using the Export Notification Form from Rp 1 million to Rp 10 million (US$4,500). The new measure, designed to facilitate exports, notably those of small firms, is stipulated in one of three decrees issued by the minister on Monday.

Railway goes all out for Idul Fitri exodus

Railway goes all out for Idul Fitri exodus JAKARTA (JP): Perumka, the state railway company, yesterday announced that it will extend itself as far as possible to accommodate the surge in travelers expected during the coming Idul Fitri holiday. Perumka President Soemino Eko Saputro told the House of Representatives that his company was adding 98,000 seats to its services between Feb. 18 and March 15.

Local drug defendant gets life sentence

Local drug defendant gets life sentence JAKARTA (JP): A 45-year-old Indonesian man was yesterday sentenced to life imprisonment by the Central Jakarta District Court after he was convicted of helping two foreigners to smuggle 29 kilograms of heroin. "The court has found defendant Fredy A Thing guilty of helping two foreigners smuggle the drugs and carry them to Hotel Indonesia, Central Jakarta, on May 11.

Is 'China threat' still haunting Asia?

Is 'China threat' still haunting Asia? By Rizal Sukma JAKARTA (JP): Recently, Malaysia's Prime Minister Mahathir Mohamad declared that his country no longer sees China as a political or military threat. Instead, he regarded China as an economic opportunity. According to Mahathir, China should be seen as a partner in the pursuit of regional peace and prosperity. He also said that nobody nowadays would be interested in entertaining the view that China was bent on exporting its communist ideology.

Islam bars selling of kidneys: Scholar

Islam bars selling of kidneys: Scholar JAKARTA (JP): Islam prohibits the buying and selling of kidneys and other bodily organs, a Moslem scholar says. Abdullah Syah, a professor of Islamic syariah (law) at the State Institute for Islamic Studies (IAIN) in Medan, North Sumatra, condemned the practice of people writing to newspapers and other publications, offering their organs for a certain sum of money.

Moslems to donate Rp 2,500 or more

Moslems to donate Rp 2,500 or more JAKARTA (JP): The Jakarta chapter of the council for the collection of zakat fitrah (tithe in rice or money paid on last day of fasting month) announced that the minimum zakat fitrah to be paid in 1995 by every Moslem is Rp 2,500 (US$1.13) or 2.5 kilograms of rice. Moslems are required to give zakat fitrah to the poor at the end of the Ramadhan month every year. Head of the Council, H.M.

Quake damages houses in Maluku

Quake damages houses in Maluku JAKARTA: The earthquake and aftershocks which have rocked Obi Island since Monday have damaged houses and other buildings in several villages in Ternate regency, an official said yesterday. A staff member of the local meteorology and geophysics office in Ternate, Haryo Paudji, told The Jakarta Post by telephone that there were no casualties because most villagers were out of their houses when the quake struck.

Landslides affect more villages

Landslides affect more villages PEMALANG, Central Java: Landslides, like the one which recently killed nine people and seriously injured three at the foot of Mount Kupit, are occurring in several other areas in the regency as well. A major landslide occurred in Cikadu subdistrict last weekend, destroying several houses and forcing 190 people to leave their endangered homes.

Asia through Asian eyes

Asia through Asian eyes Senior Minister Lee Kuan Yew presented an interesting set of figures in his speech at the Tanjong Pagar GRC Lunar New Year dinner last week. Western influence in Singapore stands at 60 percent today, he said, with core Asian values exerting an influence of 40 percent. Asia's economic transformation will settle the question of whether Asian or Western values are better. Mr.

Students order Afghan government to pull back

Students order Afghan government to pull back KABUL (Reuter): An Islamic student militia that has swept to the gates of Kabul told the Afghan government to pull its troops back to their old front lines around the city by yesterday evening. "If they do not, our shura (council) will decide what to do," a commander of the Taleban militia named Mamour Jah told reporters at Charasyab, which the militia captured from main opposition leader Gulbuddin Hekmatyar early on Tuesday.

APEC reviews role of secretariat ahead of annual meeting in Osaka

APEC reviews role of secretariat ahead of annual meeting in Osaka By Peter Starr FUKUOKA, Japan (AFP): A key issue facing the Asia Pacific Economic Cooperation (APEC) forum as the group approaches its seventh annual meeting in Osaka this year, is what to do with its modest secretariat in Singapore.

Robbery attempt foiled

Robbery attempt foiled JAKARTA (JP): Five hooded men broke into the house of Maman, a resident of the Cijeruk district, Bogor, yesterday while he and members of his family were preparing to have the 'saur' (pre-dawn) meal for their fast. The uninvited guests threatened Maman at knife point, demanding that he hand over his belongings, including a certain amount of cash. But Maman put up brave resistance in the heavily one sided fight, Antara reported.

Extra flights for Idul Fitri holiday

Extra flights for Idul Fitri holiday JAKARTA (JP): State carriers Garuda Indonesia and Merpati Nusantara Airlines announced yesterday that they will operate extra flights to cope with the travel boom expected during the upcoming Idul Fitri holiday. While Merpati Nusantara is cashing in on the surge in domestic travelers who are flying to their home towns, Garuda will cater largely to those taking holiday overseas. Garuda is making 48 additional flights with 19,196 seats between Feb.

Fewer cases clogging judicial system: Soerjono

Fewer cases clogging judicial system: Soerjono JAKARTA (JP): Chief Justice Soerjono said yesterday that the backlog of appeals on his desk has significantly been reduced in size over the past couple of years. "The Supreme Court has settled more than 5,000 appeals over the past two years," Soerjono said here after meeting with senior leaders of the House of Representatives (DPR).

Yongki's execution countdown begins

Yongki's execution countdown begins SURAKARTA, Central Java: The provincial police command has a 11-member firing squad ready to execute Kartacahyadi, alias Yongki, who was sentenced to death for robbing and killing a family of three in 1990. Central Java Police Chief Maj. Gen. Hariman said Yongki was likely to be executed in Surakarta. Hariman said that the place and time of execution would be determined by the Surakarta district court, Antara reported.

RI boat crew sent home

RI boat crew sent home WELLINGTON (AFP): Twenty Indonesian crew members who walked off two South Korean squid boats in Wellington complaining of inhumane treatment are being sent home, the ship's agent said yesterday. Michael Park, local agent for the Korean Kyung Shin Fishing Company, said the Kum Yang 101 and 102 had left port without their Indonesian crew members. They had enough Korean crew to go to sea and replacement crew would be coming later.

U.S. cities considered for IPTN's plants

U.S. cities considered for IPTN's plants JAKARTA (JP): President Soeharto is considering Mobile in Alabama or Macon in Georgia as the site for the new PT Industri Pesawat Terbang Nusantara (IPTN) assembly plant in the United States, State Minister of Research and Technology B.J. Habibie said here yesterday.

Why pick and choose?

Why pick and choose? Taxi number 2492. That's a President taxi. Number 2492. It wasn't really surprising that he didn't want to take me where I wanted to go. What did surprise me was that it happened at Pondok Indah Mall. If Pondok Indah Mall allows taxis to pick people up from the front of their center I think they should make it clear to taxi companies and the drivers that that is what they are there for. To pick people up. Whoever they are and wherever they want to go. Not pick and choose.

Preparatory APEC meeting closes in Japan

Preparatory APEC meeting closes in Japan FUKUOKA, Japan (AFP): The Asia-Pacific Economic Cooperation (APEC) forum wound up three days of talks here yesterday as the United States called for more work on a new Japanese development aid initiative. But the group's preparations for this year's summit of APEC leaders in Osaka in November were extended to a previously unscheduled fourth day of talks to discuss specific trade and investment issues.

At last, police detectives complete Oki's dossiers

At last, police detectives complete Oki's dossiers JAKARTA (JP): After lengthy investigations, city police detectives have finally completed dossiers on the alleged role of Harnoko Dewantono, alias Oki, in the killing of two Indonesians and an Indian in Los Angeles. Capt. Amhar, one of the interrogating officers, told reporters yesterday that the dossiers will be submitted to the prosecutor's office as soon as the venue for the trial, Los Angeles or Jakarta, is decided.

Construction of plants regulated

Construction of plants regulated JAKARTA (JP): The government announced a ban yesterday on the construction of plants outside of industrial estates located in the Tangerang area of West Java for environmental reasons. "Industrial plants have been crowded in Tangerang and construction of new factories outside industrial estates will damage the environment," Minister of Industry Tunky Ariwibowo told journalists after meeting with President Soeharto at Bina Graha here yesterday.

Govt will set up new health body

Govt will set up new health body JAKARTA (JP): The government plans to establish a new agency to deal with increasing public complaints concerning drug and food qualities, a senior official of the Ministry of Health announced yesterday. The new agency is designed chiefly to protect consumers, Director General for Food and Drug Supervision Wisnu Katim said, adding that the agency will be willing to work together with consumer agencies.

APEC ministers to discuss exchange rates

APEC ministers to discuss exchange rates FUKUOKA, Japan (AFP): Finance ministers from the Asia-Pacific Economic Cooperation (APEC) forum will discuss exchange-rate fluctuations at a meeting in Indonesia in April, senior APEC officials said yesterday. In a summary of their three-day meeting here, the officials said they "looked forward" to a report on the outcome of the Bali meeting from the group's newly-formed economic committee chaired by Canada.

RI exhibitions abroad

RI exhibitions abroad JAKARTA (JP): PT Humpuss Madya Pratama, a subsidiary of the Humpuss Group, will hold two exhibitions in Singapore and Beijing later this year to promote the country's export products. Madya's president, Srisetiowati Seiful, said here yesterday that the exhibitions, called "Indonesia in Progress '95", will be held in Singapore on Aug. 2-6 and in Beijing on Oct. 5-9.

Residents reject Pelni's land compensation

Residents reject Pelni's land compensation JAKARTA (JP): Twenty-nine families living in a housing complex on Jl. Pembangunan, Central Jakarta, have rejected a compensation offer from the state-owned shipping company PT Pelayaran Nasional Indonesia (Pelni), which wants to expel them from their homes. The residents claim that the money offered by Pelni is too little to adequately compensate them for the loss of their houses, which are built on land which is owned by the shipping company.

Bus ticket

Bus ticket From Bisnis Indonesia To avoid a long queue I tried to book a ticket for use after the 25th of Feb. But I was surprised to be told that they refuse to sell tickets which are valid for departure after that date. They failed, however, to give clear reason for the refusal. I thought that by buying the ticket earlier they would be spared of a busy time when thousands of people want to go to their hometown for the Idul Fitri holiday. Or is there any specific consideration?

Warehouse relocation slower than expected

Warehouse relocation slower than expected JAKARTA (JP): Head of City Economic Bureau Albert Napitulu expressed concern over the failure of businesses to relocate their warehouses from the Kota area in West Jakarta. "The number of warehouses which have been relocated since 1985 is only 46 out of about 120 located in the area," Albert said.

TV today

TV today TVRI 2:30 p.m. TV Series: Wide World Of Kids 3:05 Children's Program 3:30 TV Series: Dibawah Kilatan Pedang 4:30 Sports 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Celah-Celah Ramadhan 6:35 Religious Teachings: Islam 7:00 Evening News 7:30 Nuzulul Qur'an Ceremony (live) 8:05 TV Drama: Harapan Nan Sirna 9:00 World News 9:25 Koran Recital 9:40 People & Event 10:45 Late News 10:55 Film: Beyatz Gece Program 2 4:30 p.m.

RI rules out joint ASEAN peace force

RI rules out joint ASEAN peace force JAKARTA (JP): Indonesia rejected yesterday a proposal by its neighbors, in the Association of Southeast Asian Nations (ASEAN), to establish a joint peacekeeping force which would be available for any mission under the United Nations banner. Minister of Defense and Security Gen. (ret.) Edi Sudradjat said, given the different military doctrines used in ASEAN countries, such a force would be ineffective in carrying out a peacekeeping mission.

Indonesia to host three Asian golf tournaments

Indonesia to host three Asian golf tournaments JAKARTA (JP): The participation of world rated golfers in the 1995 Sampoerna Indonesia Open is expected to boost local pro players in their efforts to develop their skill in the game, a top official of the Indonesia Golf Association (PGI) said.

Edi warns of exploitation of the poor

Edi warns of exploitation of the poor JAKARTA (JP): Minister of Defense and Security Edi Sudradjat warned yesterday that the disparity between the rich and poor poses one of the biggest threats to national security. Although poverty is a major problem for the nation, poor people are not the source of the threat, the retired Army general told a hearing with the House of Representatives' Commission I, which oversees security affairs.

Apkindo faulted for export drop

Apkindo faulted for export drop JAKARTA (JP): Minister of Trade Satrio B. Joedono blamed the 'sole marketing' system of the Association of Indonesian Wood Panel Producers (Apkindo) yesterday for the drop in the country's plywood exports. "I think Apkindo's sole marketing system should be revised," Joedono told the House of Representatives.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on Feb. 15, 1995 Trading Shares Close Change Volume ---------------------------------------------------------- ADES ALFINDO 2,400 0 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 8,000 ANDAYANI MEGAH 2,425 25 60,000 ANEKA KIMIA RAYA 5,200 90,500 ANWAR SIERAD 1,650 70,000 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 2,025 25 421,500 ARGO PANTES 2,725 0 ASIANA IMI INDUSTRIES 1,700 0 ASTER DHARMA INDUSTRY 1,325 0...

Environmental analysis on golf course turned down

Environmental analysis on golf course turned down JAKARTA (JP): The City Administration's Commission on environmental impact has turned down an Environmental Impact Analysis (Amdal) on the development of a nine hole golf course on Bira Island, North Jakarta. Ali Azhar, an executive of the Indonesian Forum for Environment (Walhi), told The Jakarta Post yesterday that the study was rejected because it failed to meet requirements set by the commission.

The go-east policy

The go-east policy Since January 1990 President Soeharto has repeatedly stressed the need to help the eastern region of the country to catch up with the other more developed islands. The President's statements have prompted a host of seminars urging investors to go east and the central government to give special assistance to the widely scattered chain of islands east of Bali.

Primary schools given curriculum control

Primary schools given curriculum control JAKARTA (JP): The government plans to give regional administrations greater autonomy over the management of primary schools in their areas but, at the same time, the teachers at this level will remain under the direction of the central government.

Wahono may not resist Golkar pressure

Wahono may not resist Golkar pressure JAKARTA (JP): A scholar predicted yesterday that the speaker of the House of Representatives, Wahono, would not dare reject the ruling Golkar party's decision to withdraw its outspoken member from the legislative body. Dr. Soehardjo, from the Semarang-based Diponegoro University, said that Wahono would not risk hurting his relationship with Golkar by rejecting its highly controversial proposal to fire Bambang Warih Koesoemo.

Tough challenges ahead

Tough challenges ahead The Army leadership change from Gen. Wismoyo Arismunandar to Gen. R. Hartono on Monday vividly reflects the transition period that the nation is entering. This is the beginning of the second 25-year development period and also a time of leadership changes. The nation is being transformed into an industrial country thanks to its continued economic growth in the first 25 years of development. Today, a more critical citizenry has been created.

Military beefs up street patrol in E. Timor capital

Military beefs up street patrol in E. Timor capital DILI, East Timor (JP): The military has strengthened its presence in the streets of Dili in order to end once and for all the terror practiced by an unknown gang. Residents reported that patrolling troops had been seen on many street corners of the East Timor capital on Tuesday night and yesterday. The additional troops deployed on the streets appeared to have been effective, they said.

Indonesia builds five new sugar mills: Official

Indonesia builds five new sugar mills: Official JAKARTA (JP): Indonesia is constructing seven sugar mills, most owned by the Salim Group, with a combined processing capacity of around 62,000 tons of cane per day and total investments of Rp 1.65 trillion (US$746.9 million), an official says. "Five of the mills will be new and the remainder are expansions of existing plants. All of the mills will be located outside Java," Director General of Estates of the Ministry of Agriculture, M.

Vandalism causes state bus firm Rp 810m in losses

Vandalism causes state bus firm Rp 810m in losses JAKARTA (JP): A senior official of the state bus company PPD yesterday disclosed that vandalism resulted in Rp 810 million (US$368,181) of material and operational losses last year. "This is a serious problem -- last year alone 1,025 of the company's buses were damaged. Not only has it caused material losses, it has also disturbed our public services," said company President Brig. Gen.

Ramadhan time for Jakarta

Ramadhan time for Jakarta Thursday Maghrib 06.19 p.m. Friday Imsak 04.30 a.m. Subuh 04.40 a.m.

Resurgent Edhi wins 10th round

Resurgent Edhi wins 10th round JAKARTA (JP): Indonesian Grand Master Edhi Handoko regained some pride on Tuesday night with a victory over Bangladesh's Master International Zillur in the 10th round of a chess tournament in Dhaka. The win put Edhi back in fifth place with 5.5 points, along with home favorite MI Reefat bin Sattar. Edhi slid to the eighth place after a defeat to Reefat on Monday.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m. - Ambassador Lounge: Amir (pianist), Monday to Friday, 7:30 a.m. to 9:30 a.m.; Saturday 8 a.m. to 10 a.m.; Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.; Sunday from 12:30 p.m.