Indonesian Political, Business & Finance News

Archive: 17 March 1995

44 articles found

To marry an expatriate

To marry an expatriate In the early 1970s a group of senior Indonesian lawyers visited the Netherlands to discuss cooperation with the Dutch government to revise the Dutch colonial laws. Being stationed in that country for my studies, I was invited to a dinner party with that group. A senior member of the group told me that there were so many colonial laws which were not compatible with a free Indonesian state.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Legong Buffet Dinner, Friday; Ramayana Buffet Dinner, Monday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday. Notte Italiana with Capo Dastro Quartet, Thursday. Poolside - BBQ Night with Hawaiian Band, Wednesday. * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Janger Cultural Performance, Friday. Pasar Ikan Seafood Market, Saturday.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on March 16, 1995: Shares Close Change Trading Volume -------------------------------------------------------- ADES ALFINDO 2,700 0 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,175 74,500 ANEKA KIMIA RAYA 4,925 -75 30,000 ANWAR SIERAD 1,400 0 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,900 -25 33,000 ARGO PANTES 2,725 0 ASIANA IMI INDUSTRIES 1,600 0 ASTER DHARMA INDUSTRY 800 0 ASTRA GRAPHIA...

Tariff protection will hurt exports: Executive

Tariff protection will hurt exports: Executive JAKARTA (JP): Additional tariff protection for upstream industries would hurt Indonesian plastic exports, which are already threatened by escalating raw material prices, an executive warned yesterday. "More tariff protection for upstream industries will lessen the competitiveness of our plastic goods," said A. Sarbini, chairman of the Indonesian Plastic Manufacturers' Association.

Massive redundancies seen at TVRI, RRI

Massive redundancies seen at TVRI, RRI JAKARTA (JP): RRI and TVRI, the state radio and television networks, may be forced to lay off up to half of their staff under a restructuring plan currently being studied, Minister of Information Harmoko revealed yesterday. Harmoko told a hearing with the House of Representatives's Commission I that the government was still studying the plan to revamp the management of the two networks, which aims to make them more efficient.

RI's seaport services win support from the Dutch

RI's seaport services win support from the Dutch JAKARTA (JP): The Netherland's Port of Rotterdam is negotiating a contract with the government to help improve the management of Indonesia's seaports and increase their efficiency, a company commissioner says. "Discussions about the planned cooperation between Indonesia and the Netherlands are in the final phase and will soon be completed," Port of Rotterdam's vice-mayor commissioner, Rene M.

Ophthalmologists to conduct symposium

Ophthalmologists to conduct symposium JAKARTA (JP): About 250 eye specialists from all over Indonesia are due to assemble here tomorrow for a two-day symposium on eye micro-surgery. Three experts from Australia and the United States will address the event, focusing on sophisticated techniques for dealing with complications in cataract surgery. Ian J. Constable and John Elder, both from Australia, and Richard G. Livernois from the U.S.

New Army chief for Kalimantan

New Army chief for Kalimantan BALIKPAPAN, East Kalimantan: Army Chief of Staff Gen. R. Hartono on Tuesday installed Maj. Gen. Namuri Anoem as the new chief of the Tanjungpura Military Command to replace Maj. Gen. Jacob Dasto. The command oversees security in all Kalimantan provinces, including the common border between Indonesia and Malaysia. Namuri, a 1965 graduate of the National Military Academy, was previously the command's chief of staff. Maj. Gen.

Building permits process still complicated

Building permits process still complicated JAKARTA (JP): Chairman of the Indonesian Real Estate Association Enggartiasto Lukito has expressed concern over the arduous procedures involved to gain building permits for housing projects in the city.

Dealing with hoodlums

Dealing with hoodlums From Neraca I give my full support to the actions of security agents taken against the city's hoodlums. Hoodlums -- popularly known as preman -- have been a serious disturbance to the community. But, the fight against hoodlums should not merely be done in the interest of upholding the law but more to correct the social aspect of the problem. The preman should be educated and transformed into skilled human beings so that they can one day stand on their own feet.

Managing stock exchange

Managing stock exchange Different from the shareholders meetings of most publicly- listed companies which usually run for two hours at the longest with pre-determined conclusions, the one held by the shareholders of the Jakarta Stock Exchange Inc. on Tuesday dragged on for 16 hours into Wednesday morning. But the lengthy meeting was expected for two main reasons. The first reason is quite obvious.

Indian told to invest in ASEAN

Indian told to invest in ASEAN JAKARTA (JP): Secretary General of the Association of Southeast Asian Nations (ASEAN), Dato' Ajit Singh, told potential Indian investors yesterday to start investments in the region to benefit from the ASEAN Free Trade Area (AFTA), which will completely come into effect in 2003.

Special gift planned for prisoners

Special gift planned for prisoners JAKARTA (JP): The government promised yesterday to grant special clemency to well-behaved prisoners in commemoration of Indonesia's 50th anniversary, though political prisoners will not be among those shown leniency. The government will reduce the jail terms of well-behaved prisoners by three months, Minister of Justice Oetojo Oesman told journalists. Oetojo made the remarks after installing Maj. Gen.

Japan succeeds in preserving arts and churning out films

Japan succeeds in preserving arts and churning out films By Marselli Sumarno JAKARTA (JP): In many advanced countries, the survival of domestic film production is not such a big issue. If it survives, especially in its struggles against the domination of Hollywood, so much the better. If it fails to grow, it does not really matter. However, other advanced countries make their best effort to defend the production of their local films because they have certain objectives in mind.

Efforts to establish clean, respected government

Efforts to establish clean, respected government By Prijono Tjiptoherijanto JAKARTA (JP): In order to maintain the momentum of our nation's development it is imperative to create an honest and well-respected administration. Experts, both foreign and domestic, say that the quality of public service rendered by our state bureaucracy remains a far cry from optimal. The main source of the problem is the state officials themselves.

Airline staff testyfy at trial of Nepalese man

Airline staff testyfy at trial of Nepalese man JAKARTA (JP): Four members of Singapore Airlines ground staff testified yesterday at the Central Jakarta District Court in the trial of Basudev Parajuli, 26, a Nepalese charged with smuggling 1.2 kilograms of heroin from Thailand. The four employees are, Susana Reppintontoan, the airlines' duty manager in Soekarno-Hatta International Airport, Julita Herna M. Worotikan, Pupung Purnomo and Willy Maskan Hardjawiganda.

People against rise in 'Puskesmas' fees

People against rise in 'Puskesmas' fees JAKARTA (JP): A number of people have objected to the city administration's plan to raise health service fees at community health centers, locally known as Puskesmas, throughout the capital. The City Health Office announced on Wednesday that it had proposed to the city administration that the fee for health services at Puskesmas be raised from Rp 300 to Rp 900 per patient.

Tangerang freezes permit issuance

Tangerang freezes permit issuance JAKARTA (JP): The local administration of Tangerang, West Java, has temporarily frozen the issuance of permits for the construction of new factories in the regency. The administration's Ena Karlina told Antara on Wednesday that the decision to freeze the issuance of permits until August was made in accordance with a circular from the Ministry of Industry, which declared that Tangerang was closed to new factories.

College graduates signed up to fight poverty

College graduates signed up to fight poverty JAKARTA (JP): The government plans to recruit more college graduates to help alleviate poverty in rural areas, Minister of Manpower Abdul Latief said yesterday. Latief told a gathering of public relations officials from various government ministries that the graduates will be assigned to teach villagers how to make money.

'Rank and file' blame in Liquisa

'Rank and file' blame in Liquisa BANDUNG (JP): Army Chief of Staff Gen. R. Hartono reported that an army investigation has determined that their "rank and file" followed the wrong procedures in the military's Jan. 12 operation in Liquisa, East Timor, that left six villagers dead. But he stressed yesterday that the Army's Officers Honor Council now probing the incident is not holding local senior military leaders above reproach.

ADB grant for growth area

ADB grant for growth area MANILA (AFP): The Asian Development Bank (ADB) said yesterday it had approved a US$1.8-million grant to support the creation of a "growth quadrangle" of contiguous areas of Brunei, Indonesia, Malaysia and the Philippines. The grant will fund a technical study to look for ways to promote economic cooperation in the region, which encompasses the southern Philippine island of Mindanao, Brunei and adjacent parts of Malaysia and Indonesia.

Winners of city journalists awards

Winners of city journalists awards JAKARTA (JP): The city's journalists association, PWI Jaya, has announced the winners in five categories of the newly- established Mohamad Husni Thamrin Award.

Private firm enlisted to raise PON funds

Private firm enlisted to raise PON funds JAKARTA (JP): A Rp 7 billion (US$3.1 million) deal with a private firm to help finance next year's 14th National Games (PON) was signed yesterday by Jakarta Governor Surjadi Soedirdja, who is the Games' organizing committee chairman.

PT Petrokimia Gresik to suffer losses of $6.2m this year

PT Petrokimia Gresik to suffer losses of $6.2m this year JAKARTA (JP): State-run petrochemical company PT Petrokimia Gresik is expected to suffer losses of up to Rp 13.78 billion (US$6.2 million) this year due to high interest rates and the depreciation of its new ammonia and urea production units.

Legend City housing project

Legend City housing project JAKARTA (JP): Minister of People's Housing Akbar Tanjung inaugurated yesterday the development of a large-scale housing project, called Legend City, at the Shangri-La Hotel. The housing project, which will cover an area of 2,000 hectares in Bekasi, West Java, will be carried out by PT Putra Alvita Pratama, a consortium of seven private housing companies, in three districts: Bantar Gebang, Tambun and Cibitung in Bekasi.

Hoodlum problem

Hoodlum problem From Sinar Pagi In the context of the government's effort to deal with hoodlums or preman, which has drawn attention and opinions from various parties, the Foundation of the Indonesian Legal Aid Institution (YLBHI) also would like to give its opinion. YLBHI extends its support on every effort made, either by the society or the government, to eradicate hoodlums who have caused disturbances. The term preman depicts a sociological phenomenon.

Worker smuggling foiled

Worker smuggling foiled PEMALANG, Central Java: Police have foiled an attempt to smuggle 46 Indonesians into Malaysia and Singapore to work illegally. Police stopped the bus that was taking them to Pekanbaru, Riau. Only two people were arrested, one the man believed to be the organizer and another, his bodyguard, Antara reported. Pemalang Police chief Lt. Col. Sudibyo said the 46 prospective workers have all been sent back to their villages in Batang and Kendal.

Suspected killer gunned down, five others held

Suspected killer gunned down, five others held JAKARTA (JP): City police detectives fatally shot a man, suspected of being a hired murderer, on Tuesday and have arrested five others suspected of involvement in the murder last year of a debt collector in Depok, 30 kilometers south of here.

Clear old cars from the streets

Clear old cars from the streets From Neraca Traffic congestion in Jakarta is getting worse. The increasing number of private cars, the lack of driver discipline and the fact that street vendors tend to occupy the roadsides all hinder traffic flow. As the number of vehicles increases, the Jakarta Administration must now determine the age of the vehicles that are allowed to operate on the road.

Hale Irwin surges forward to share lead with Fardon

Hale Irwin surges forward to share lead with Fardon JAKARTA (JP): Hale Irwin of the United States justified his world rated billing with a four-under par 68 for a 138 to surge ahead of the field. He shared the lead with Australian Don Fardon at the halfway stage of the Sampoerna Indonesia Open at the Pantai Indah Kapuk yesterday. The 49-year-old Irwin, three-time winner of the U.S.

Council questions project funds

Council questions project funds SEMARANG: The Central Java legislative council has questioned the use of Australian funds to finance projects in the province. "We will ask the provincial administration to report the use of the aid funds given by Queensland state to the province," Soetjipto Tiptosoewignyo of the council's Commission A said.

No new record at boogie show

No new record at boogie show JAKARTA (JP): Due to strong winds, 130 sky divers of the international Bali-Lombok boogie show were only able to form a little star of no more than 30 parachutists -- far from the Asian record of 80, let alone the world record of 216, though some of them are world-rated. Inadequate time for joint parachuting training was also responsible for the failure, a show organizer was quoted by Antara as saying.

Tight security on campus marks rector ceremony in Manado

Tight security on campus marks rector ceremony in Manado MANADO, North Sulawesi (JP): A strong presence of police and security officers marked the installation of a new rector at the state-owned University of Sam Ratulangi here on Wednesday, testimony to the troubled relations between students and college administrators. Minister of Education and Culture Wardiman Djojonegoro installed Jopie Paruntu as the university's new rector to replace R.S. Tangkudung, who finishes his second five-year term.

Councilor sacked over scandal

Councilor sacked over scandal SEMARANG: A member of the Semarang City Council has been removed by the United Development Party (PPP) faction because of an alleged sex scandal involving him and his domestic servant The PPP faction has announced that Idham Cholid will fill the seat vacated by the councilor, identified by Antara only by his initials BM.

TV today

TV today TVRI 2:30 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 TV Series: Zero One Magazine 5:00 Regional News 5:30 Culture Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Features Program: You Should Know 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00 World News 9:30 Entertainment Program 10:35 Late News 10:45 Film: Up River Program 2 4:30 p.m.

RI's Bosnia peace proposal

RI's Bosnia peace proposal In a statement to reporters, President Soeharto explained the Indonesian view on how to settle the protracted conflict in Bosnia-Herzegovina as proposed to the presidents of Croatia and Bosnia-Herzegovina. To both presidents, President Soeharto proposed the formation of a confederation among the former Yugoslavian states of Croatia, Bosnia-Herzegovina, Slovenia, Macedonia and Serbia-Motenegro.

Domestic interest rates must be attractive: Mar'ie

Domestic interest rates must be attractive: Mar'ie JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that domestic interest rates should be attractive enough to curb capital flight. "Local banks have to adjust their interest rates to the rate fluctuation overseas. Otherwise, depositors will withdraw their money," the minister said in a hearing with Commission VII of the House of Representatives.

'Bahasa' names for housing estates better

'Bahasa' names for housing estates better JAKARTA (JP): The Ciputra Group has decided to change the names of its housing estates Citra Garden in West Jakarta to Citra Taman, and Citra Grand City in Tangerang to Citra Raya, while the new name for the CitraLand Mall and Hotel in West Jakarta will be Hotel dan Mal CitraLand.

No cholera in Bali

No cholera in Bali JAKARTA: Health authorities in Bali have declared that the holiday island is free from the cholera virus after extensive research following news reports that a number of Japanese tourists contracted the disease. Ministry of Health spokesperson, Suheni Sujatmiko, said the Health Office in Bali conducted lab tests from samples taken at various restaurants in Denpasar, which were most frequented by Japanese tourists.

Corruption cases up, recovery process slow

Corruption cases up, recovery process slow JAKARTA (JP): The government has so far recovered only Rp 33 billion (about US$15 million) of an estimated Rp 1.1 trillion in state money embezzled during the 1994/1995 fiscal year, a senior official revealed yesterday. The figure of Rp 1.1 trillion has emerged from the investigation of 212 of the 358 corruption cases uncovered by the Attorney General's Office to date, Deputy Attorney General for Special Crimes A. Soetomo said.

Ratelindo falls behind in cellular phones

Ratelindo falls behind in cellular phones JAKARTA (JP): People living far away from telephone cable infrastructures will have to wait a bit longer to use fixed- cellular radio telephones as 50,000 necessary lines will not be installed as scheduled.

Mia closer to dream match against Susi

Mia closer to dream match against Susi BIRMINGHAM, England (Reuter): Mia Audina, Indonesia's precocious badminton talent, found the going tougher than she might have expected as she reached the All-England quarterfinals yesterday -- and sails closer to a dream final against compatriot Susi Susanti. The 15-year-old Mia, who clinched her country's Uber Cup team triumph last year, finally subdued a determined and tenacious Japanese, Takako Ida, 10-12, 11-8, 11-4.

Govt may grant export credit for key products

Govt may grant export credit for key products JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that the government is studying the possibility of providing credit for the export of strategic industry products, including aircraft. Speaking at a hearing with the House of Representatives, the minister said that the government was seeking the best means of financing exports of strategic industry products.

U.S. military wants revival of training program for R.I.

U.S. military wants revival of training program for R.I. JAKARTA (JP): The second highest ranking officer of the United States military asserted yesterday his desire to resume a training program for Indonesian officers which was scratched by Congress in 1992 after alleging that Jakarta had violated human rights in East Timor.