Indonesian Political, Business & Finance News

Archive: 8 February 1995

46 articles found

City has new sub contractors

City has new sub contractors JAKARTA (JP): City administration announced yesterday that 37,602 companies are qualified to be sub-contractors for city projects in 1995. Harun Al Rasyid, chief of the sub-contractors assessment committee said yesterday that companies which have applied to be the city's sub-contractors can see the announcement at the Jakarta office of the Chamber of Commerce.

TV today

TV today TVRI 2:30 p.m. TV Drama: Menghasut 3:05 Music 3:30 TV Series: Dibawah Kilatan Pedang 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05 TV Drama 9:00 World News 9:25 Koran Recital 9:40 Culture Program 10:45 Late News 10:55 Film: Betrayal Program 2 4:30 p.m.

Discount rate raised

Discount rate raised Bank Indonesia's decision to raise its discount rate by 0.25 point last Friday following the 0.50 point rise in the U.S. Fed key interest rate is indeed essential to preventing another wave of currency speculation. Another aspect, however, is the fact that the measure will obviously hurt small and medium-scale banks which, unlike the big banks that have ample access to the inter-bank market, rely largely on the central bank's short-term funds.

Aceh sets soccer crowd record

Aceh sets soccer crowd record JAKARTA (JP): Undefeated Persiraja Banda Aceh set a new attendance record of 102,000 spectators during the first three months of the Indonesian soccer league in the Western Division, an official says. The league's match inspector, Djohar Arifin, said yesterday a crowds averaging 13,000 turned out in the capital city of the country's westernmost province to watch their favorites playing at the Lampineung stadium.

Hilton plans to focus on its three hotels

Hilton plans to focus on its three hotels JAKARTA (JP): While many new international hotel management firms have been expanding their chains in Indonesia, the Hilton Hotels Corporation of the United States appears reluctant to follow suit. Hilton began its hotel business in Indonesia in October 1976 by managing the Jakarta Hilton International, which is owned by PT Indobuilco.

RI contributes to world summit fund

RI contributes to world summit fund JAKARTA (JP): Indonesia is contributing US$50,000 to a special fund set up by the organizers of the upcoming World Summit for Social Development which will take place in Copenhagen in March. Indonesia's contribution was announced by its representative at the just concluded third and final preparatory committee meeting for the summit in the Danish capital last month, the United Nations Information Center said in a statement.

Not yet certain Oki killed all three: Police

Not yet certain Oki killed all three: Police JAKARTA (JP): City police still cannot definitely name Harnoko Dewantono, alias Oki, as the killer of all three victims -- two Indonesians and a man of Indian origin -- in Los Angeles. "We're still matching our findings with the suspect's confession and available evidence, meaning that our investigation has yet to be finalized," the head of the Crime Investigation Department of the Jakarta Metropolitan Police, Col.

Malaysia seizes smuggled gold bars

Malaysia seizes smuggled gold bars KUALA LUMPUR (AFP): Malaysian police have seized gold bars worth 2.4 million ringgit (US$960,000) bound for Thailand, the Bernama news agency reported yesterday. Police in the northern state of Kedah seized 120 kilograms of gold bars hidden in concealed compartments of a car on an expressway that crossed the state. Kedah police acting deputy commissioner Abas Johar said the north-bound car was stopped and searched Monday night after police received a tip-off.

Television quiz questioned

Television quiz questioned As I understand from the news item in The Jakarta Post of Feb. 6, 1995, the proliferation of quiz shows on television has prompted the Ministry of Social Affairs to question their legality, on the grounds that they fall under the category of "Lottery." I also understand that a number of legislators were of the opinion that some of the quiz shows amounted to gambling. It is only a question of how things are interpreted.

Revival of Sunday market south

Revival of Sunday market south JAKARTA (JP): Governor Surjadi Soedirdja said the informal sector should be nurtured to narrow the social gap exacerbated by the influx of poorly educated villagers into the rapidly developing capital. "Because they are poorly educated people, most of them end up becoming street vendors or scavengers," Surjadi said on Monday, shortly after opening a food bazaar.

130 students netted

130 students netted JAKARTA (JP): About 130 students, mostly high school students, have been netted in a crime operation, code-named Operasi Wijayakusuma, an official said. The operation is especially to keep the crime rate down during the month of Ramadhan. Spokesman for Jakarta Military Command, Lt. Col. Didi Supandi, told The Jakarta Post yesterday that the students were detained for carrying knives, prescription drugs and pornographic items.

RI's salt iodization program faces many problems

RI's salt iodization program faces many problems Text and photos by Prapti Widinugraeni SUMENEP, Madura (JP): "Iodized salt will be available for everyone in Indonesia by the end of the year". Although this ambitious target has, to some extent, been repeatedly declared by Minister of Health Sujudi, his announcement earlier this month was particularly interesting because he made it during a visit to Sumenep, one of the country's "salt reserves".

Collective labor agreement

Collective labor agreement JAKARTA (JP): The management of PT Sepatu Bata and its labor representatives signed yesterday a collective labor agreement aimed at improving its workers' welfare. Under the agreement, management raises the minimum wage from Rp 100,000 (US$45.45) to Rp 116,910 per month and raises the food allowance from Rp 1,000 to Rp 1,200 per day. J.A. McGoldrick, the company's president, said that his firm currently employs 2,900 workers.

Charges against students upheld

Charges against students upheld JAKARTA (JP): Judge Moegihardjo of South Jakarta District Court has rejected the request of the defense lawyers of 12 National University students that he legally annul the prosecutor's indictment. The students are charged with assault and brawling. "The board of judges have assessed that the indictment made by prosecutor H.P. Silitonga has already fulfilled all requirements stipulated in the Criminal Procedure Code.

Car makers should take aircraft cue

Car makers should take aircraft cue JAKARTA (JP): State Minister for Research and Technology B. J. Habibie said yesterday that the development of the automotive industry should follow the path of the aircraft industry. "Indonesia will be able to build its own automotive industry if its development follows the example of the aircraft industry," Habibie told journalists before attending a limited cabinet meeting on economy.

Tony Roma's new C. Jakarta outlet a real place

Tony Roma's new C. Jakarta outlet a real place JAKARTA (JP): Let's say you're dreaming of doing a Fred Flintstone and treating yourself to an extra wholesome juicy ribs bonanza and using your fingers to do justice to the meal, you should head towards Tony Roma's in Jalan Wahid Hashyim. This is where you can realize your dream and taste the meatiest, juiciest, tenderest, largest portion of ribs in Jakarta city.

Future bleak for teachers' course

Future bleak for teachers' course JAKARTA (JP): The future of a high-profile training program looks bleak as the government moved yesterday to limit the number of program graduates eligible for civil servant status. Director General for Elementary and Middle Education Zainal Arifin Achmady and Director General for Higher Education Bambang Soehendro said that the program, which is designed to upgrade the proficiency of elementary school teachers, has so far produced 7,000 graduates.

Teachers earn Rp 500 a day

Teachers earn Rp 500 a day PALEMBANG, South Sumatra: Most part-time teachers at primary schools in the Ogan Komering Ulu regency get only Rp 500 (US$ 0.23) a day, Hamdan, chief of the local education and culture office said. Hamdan said the wage is far from adequate in making ends meet and nobody knows when the teachers, and many of them who have worked for many years, will be admitted as regular civil servants.

Policy against former communists questioned

Policy against former communists questioned JAKARTA (JP): An expert on the Pancasila ideology yesterday appealed to the government to rethink its policy of discriminating against former communists. Poedjo Moeljono said politically, the policy may be defensible but it is not necessarily so from a humanitarian point of view. "The government may view that this policy must be continued for security reasons.

Harmoko avoids fatal attraction

Harmoko avoids fatal attraction JAKARTA (JP): Harmoko, who divides his time between his positions as minister of information and chairman of Golkar, has revealed the secret of his time management -- avoid the lure of women. "When you reach 50, you'll come across a `fatal roundabout' because of various temptations, particularly from women," Harmoko, who turned 56 yesterday, told reporters who went up to him to wish him happy birthday.

7,000 buses made available for Idul Fitri exodus

7,000 buses made available for Idul Fitri exodus JAKARTA (JP): The City Land Transportation Agency will deploy over 7,000 buses in a 16-day operation called Angkutan Lebaran 1995 in anticipation of the annual Idul Fitri exodus. J.P. Sepang, the head of the agency, told reporters yesterday that the operation, which will begin on Feb. 24 and last through March 11, is primarily aimed at providing public transportation for people who intend to celebrate Idul Fitri in their hometowns.

Europe may shift focus away from Japan: EU

Europe may shift focus away from Japan: EU TOKYO (Reuter): A senior European Union official warned on Tuesday that Europe might shift its business focus from Japan to other booming Asian economies as the trade balance with Japan remains badly skewed. Europe had a strong interest in the so-called "Asia boom" with much of its focus on China, members of the Association of Southeast Asian Nations (ASEAN) and Vietnam, EU Ambassador to Japan Jorn Keck said.

Aetna enters RI market

Aetna enters RI market JAKARTA (JP): Aetna Life Insurance Company, a major American insurance company, will soon enter the Indonesian insurance market through its joint venture with the Danamon Group. An executive of the Danamon Group confirmed the joint venture agreement yesterday, saying that the operation of the joint insurance firm has obtained an approval from the Minister of Finance. The joint venture, named PT Danamon Aetna Life Insurance Company, is equally owned by the U.S.

Regulating opinions

Regulating opinions Expressing views will be made subject to regulations by the government. In a hearing with the House of Representatives' Commission II in Jakarta yesterday (Monday), Home Minister Mohamad Yogie S.M. said that before very long the government will issue a decree to regulate demonstrations. There are plans to name the regulation: Procedures for the Expression of Opinions in Accordance with Pancasila and the 1945 Constitution.

Street light beggars

Street light beggars From Neraca The fly-pass that connects downtown Kota and Jembatan Lima, North Jakarta, has been used for many years and by even more motorists. Every time I pass this road I get irritated at the Jembatan Lima intersection where two or three lame beggars are always sitting in the middle of the road with outstretched arms asking for money. They do not move even when the traffic light turns green.

Six people killed as floods strike CJava district

Six people killed as floods strike CJava district CILACAP, Central Java (JP): Six people were drowned in the districts of Cilacap, Kebumen and Salatiga by floods that continue to affect many areas around the province. The waters from the Serayu and Citanduy rivers are overflowing in 14 subdistricts in Cilacap, four in Kebumen and have already inundated thousands of houses. Search and rescue workers said that they have so far found four bodies.

Govt to sell 20% stake in IPTN

Govt to sell 20% stake in IPTN JAKARTA (JP): State Minister for Research and Technology B.J. Habibie unveiled here yesterday the government's plan to sell around 20 percent of its shares in the state-owned IPTN aircraft industry. Habibie, also the president of IPTN, said that the aircraft manufacturer's shares would be sold to foreign airplane manufacturers through a direct placement arrangement. "The shares will be directly sold to airplane makers overseas," he said of the divestment plan.

Hartono will likely replace Wismoyo

Hartono will likely replace Wismoyo JAKARTA (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung confirmed yesterday that Lt. Gen. R. Hartono is being prepared to become the Army chief of staff to replace Gen. Wismoyo Arismunandar, who is retiring this month. "Hartono indeed is the candidate," Feisal told reporters yesterday before attending a cabinet meeting at Bina Graha Presidential Office. "It's not in black and white yet," he said when asked about when the official announcement is expected.

Time to kick the habit

Time to kick the habit From Media Indonesia These days many people are becoming aware of the dangers of smoking. The problem is that it is not very easy to stop the habit. Some people wish to get rid of this bad habit but no effective way has yet been found. A noted ulema in Jember has been very successful in using the month of Ramadhan as an auspicious moment to stop smoking. According the ulema, to stop smoking is a matter of limiting the chances of doing so.

Govt will ban soccer league if necessary

Govt will ban soccer league if necessary JAKARTA (JP): The government will suspend the on-going national soccer league if spectator hooliganism continues, Minister of Youth Affairs and Sports Hayono Isman said yesterday. Speaking at the meeting with the All Indonesia Football Association (PSSI), Hayono said that the suspension would be taken to give both soccer administrators and fans time to regain the order.

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.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (JSX) on Feb. 7, 1995 Trading Shares Close Change Volume --------------------------------------------------------- ADES ALFINDO 2,400 0 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,350 25 273,000 ANEKA KIMIA RAYA 5,500 200 10,000 ANWAR SIERAD 1,800 25 272,000 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 2,175 -25 188,500 ARGO PANTES 2,750 0 ASIANA IMI INDUSTRIES 1,925 0 ASTER DHARMA INDUSTRY 1,325 0 ASTRA...

Large bakery store burnt

Large bakery store burnt JAKARTA (JP): A fire caused by a leaking diesel pipe in a kitchen destroyed part of the Delicious Bakery store in West Jakarta yesterday afternoon. The fire is believed to have started in the kitchen on the forth floor of the bakery at Jl. Hayam Wuruk No. 65. There were no reported fatalities but the fire caused a major traffic jam, forcing police to turn the flow of cars into alternative roads. Total losses for the bakery are estimated at Rp 100 million (US$47,000).

24 Japanese firms to buy Natuna LNG: Pertamina

24 Japanese firms to buy Natuna LNG: Pertamina JAKARTA (JP): At least 24 Japanese companies have shown an interest in buying the liquefied natural gas (LNG) that will be mined in Natuna, about 1,110 kilometers north of here, the president of the state oil company Pertamina says. "Their response to our LNG offering was excellent.

Indonesia names SEA Games spikers

Indonesia names SEA Games spikers JAKARTA (JP): Seasoned spikers Laudry Maspaitella and Pascal Wilmar will lead the national team to continue its supremacy at the Southeast Asian (SEA) Games volleyball competition in Chiang Mai, Thailand in December. Secretary general of the Indonesian Volleyball Association (PBVSI) M. Solli said yesterday the men's team of 12, SEA Games three-time gold medalist, will also include capped Chandra Halim and Imam Agus Faisal.

Spotlight

Spotlight Photo A: Cement Antara CEMENT GOES TO MALUKU: Head of Indonesian Cement Producers Association tycoon Sudwikatmono (second from left) is in Seram island, Maluku, for the establishment of the cement factory PT Maluku Dinamika. The US$800 million factory, owned by the Djajanti group, is expected to be ready to produce around four million tons of cement per year starting late 1997.

Ramadhan time for Jakarta

Ramadhan time for Jakarta Wednesday Maghrib 06.20 p.m. Thursday Imsak 04.28 a.m. Subuh 04.38 a.m.

Govt enlists Moslem leaders in anti-AIDS drive

Govt enlists Moslem leaders in anti-AIDS drive JAKARTA (JP): The government urged Moslem leaders yesterday to join its campaign to stem the spread of the Acquired Immune Deficiency Syndrome (AIDS) yesterday. Acknowledging the contribution of ulemas to the National Family Planning Campaign, senior government officials asked them once again to use their influence and power to prevent an AIDS catastrophe in the country.

Publishing firms run out of paper

Publishing firms run out of paper SEMARANG, Central Java: About 46 publishing houses may have to stop operations because they lack paper. The local office of the Association of Indonesian Publishing Houses has called on the provincial administration to intervene in the paper crisis. "Almost 75 percent of textbooks for elementary, junior and high schools in Indonesia are printed in the province," Agung Sasongko, chairman of the association's local office said yesterday.

Rape reported to police chief

Rape reported to police chief DILI, East Timor: A local legislator called on National Police Chief Gen. Banurusman Astrosemito yesterday to look into a report alleging that two policemen raped a local detainee in Baucau, about 180 kilometers east of here, last year. He said relatives of the victim have repeatedly approached him to ask Banurusman for a reply to their letter concerning the alleged rape involving a second lieutenant and a second sergeant.

Illegal terminal

Illegal terminal From Jayakarta Bogor! Bekasi! Cikampek! Kota! Kalideres!...Anxious commuters listen to these words called out by a man advising to which destination the arriving bus is going. The bus has hardly stopped before commuters swarm at it, each trying to squeeze through the two doors to get on the bus already crowded with passengers. People like to wait for their buses at illegal terminals such as UKI, Cawang, CSW intersections, near the Cikampek Toll gate, etc.

Islamic Bank profits up by nearly 70% : Report

Islamic Bank profits up by nearly 70% : Report JAKARTA (JP): Bank Muamalat Indonesia, Indonesia's first Islamic bank, reported a nearly 70 percent increase in its profits, to Rp 6.02 billion (US$2.8 million) last year from Rp 3.71 billion in 1993. The bank's president Zainulbahar Noor said yesterday that the substantial increase in the bank's profits was largely due to the sharp increase in its revenues from operations.

Religion and quiz

Religion and quiz From Bisnis Indonesia During the month of Ramadhan, the Indonesia educational television station (TPI) and Indosiar are airing special programs to welcome the sacred month of Ramadhan. TPI broadcasts Mozaik Ramadhan, from 3.30 a.m. to 5.30 a.m. This program is very useful for Moslems who are having Sahur (the pre-dawn meal) and at the same time listening to religious dialogs. But the program is tarnished because the organizer introduces a quiz in it.

Are student politics making a come back?

Are student politics making a come back? Despite its chaotic congress, the Moslem Students Association (HMI) managed to produce a far-reaching statement recently. Noted intellectual Aswab Mahasin takes a look at this incident.

Leading brewers reject move to control industry

Leading brewers reject move to control industry JAKARTA (JP): Indonesia's leading brewers, including those which are publicly listed and partly foreign-owned, declared their opposition yesterday to a private firm's attempt to control the liquor industry through compulsory labeling.

Inflation 1.16% in January

Inflation 1.16% in January JAKARTA (JP): Increases in the prices of food, clothing and housing resulted in an inflation rate of 1.16 percent in January, Minister of Information Harmoko announced yesterday.