Indonesian Political, Business & Finance News

Archive: 21 March 1995

47 articles found

Western oil firms clamor for Iraqi deals

Western oil firms clamor for Iraqi deals BAGHDAD (Reuter): Western oil executives are holding talks in Iraq to finalize deals that could be activated when sanctions on Iraq are eased or lifted, Iraqi oil sources and diplomats said yesterday. "They now want to remain undercover. Deals reached will remain dormant until something is done about the embargo," said one diplomat with close contacts in Iraq's oil industry. Iraq has the world's second biggest proven oil reserves after Saudi Arabia.

On birth certificates

On birth certificates In reply to a letter, March 18, 1995, The Jakarta Post, concerning the legalization of a birth certificate at the Dutch Embassy, I was told by an also very unfriendly female employee (like every time) that the legalization cost, if arranged by the Embassy, would cost me Rp 163,000, instead of Rp 138,000 as Mrs. Yeanne Soleiman was told the same day. To my surprise the actual costs at the Ministries of Justice and Foreign Affairs are only Rp 5,000 and Rp 7,500.

Budget pre-empted yen surge

Budget pre-empted yen surge JAKARTA (JP): President Soeharto said yesterday that the yen's surge against the U.S. dollar was no cause for panic because the Japanese currency's sharp rise had been anticipated. "The government already had policies anticipating the impact of the yen's rapid appreciation and we were well prepared," the President was quoted by Minister/State Secretary Moerdiono as saying. Moerdiono said that the sharp fall of the U.S.

Oil exporters spared from flagging dollar

Oil exporters spared from flagging dollar KUALA LUMPUR (AFP): Global oil earnings, transacted in U.S. dollars, may have been dented by the flagging greenback but long- term adverse effects were unlikely, oil experts said yesterday. "Depreciation (of revenue) is a concern for all producers but the depreciation of the dollar, against the yen, is not sustainable," Subroto, an Indonesian oil expert, told reporters at an international oil conference here.

Pro-RI leader slams Lisbon TV station

Pro-RI leader slams Lisbon TV station JAKARTA (JP): A pro-Indonesian Portuguese leader in Lisbon has criticized the TVI Portuguese television station for condoning an attempted entry into Indonesia by one of its journalist through fraudulent means.

Income tax

Income tax From Sinar Minister of Finance Mar'ie Muhammad recently announced the list of the biggest income tax payers in Indonesia for the year 1993. For private individuals, the first on the list was Sinta Dewi Sampurno, holder of PT HMS shares in Surabaya, East Java. It was reported that Sinta Dewi has sold her shares and from the sale she got a capital gain of about Rp 67 billion.

Manila may stop sending domestics to Singapore

Manila may stop sending domestics to Singapore MANILA (AFP): The Philippines is to review its policy on the mass deployment of overseas workers and may ban domestics from working in Singapore following the hanging there last week of a Filipina maid, an official said yesterday.

Satellite pact signed

Satellite pact signed KUALA LUMPUR (AFP): Telekom Malaysia Bhd. signed an agreement with seven foreign telecom companies and agencies yesterday to set up a satellite communications network for aircraft, called Skyways Alliance, by year's end. The network will help provide "global aeronautical satellite service" to airlines and general aviation customers, Telekom said in a statement.

Major earthquake rocks Nabire

Major earthquake rocks Nabire JAKARTA (JP): A series of earthquakes, the strongest measuring 6 on the Richter scale, struck Nabire yesterday, in the Irian Jaya regency of Paniai, but there is no immediate word on casualties. Head of the local meteorological and geophysical office, Sutiono, said in Jayapura that the strongest tremor struck at 8:53 a.m. local time. Its epicenter was estimated at 48 kilometers underground in an area about 73 kilometers south of Nabire, Sutiono said.

TV today

TV today TVRI 2:30 p.m. TV Series: Hassai Sensei 3:05 Dilentasia 3:30 TV Series: Willing And Abel 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 University Program 7:00 Evening News 7:30 Wawasan 8:05 Traditional Drama 9:00 World News 9:30 Songs and profiles 10:35 Late News 10:45 Film: Who Says I Can Ride Rainbow Program 2 4:30 p.m.

Madura bridge project may be delayed

Madura bridge project may be delayed JAKARTA (JP): The development of a six-kilometer bridge connecting Surabaya and Madura scheduled to commence in August may be postponed because the land acquisition process is far from over, a minister said yesterday. State Minister for Agrarian Affairs/Chief of National Land Affairs Board Soni Harsono said it was unlikely that the complicated land acquisition process could be completed in five months.

UI to hold exhibition

UI to hold exhibition JAKARTA (JP): The University of Indonesia will hold a three- day technology and arts exhibition at its campus in Depok, about 30 kilometers south of here. The exhibition, which will be opened on Friday and is in conjunction with the commemoration of the 45th anniversary of the university, will feature inventions and art works by alumni of the university. Guritnaningsih A.

PSSI will select the best from East, West

PSSI will select the best from East, West JAKARTA (JP): A national soccer team with players from the Indonesian league's West and East divisions will be prepared for the incoming South East Asian (SEA) Games. "We will form two teams. One will be a group of the best booters from the West Division; the other filtered from the East Division," Hendro Sumaryo, secretary of the National Soccer Committee told reporters yesterday. Hendro met with top officials from the National Sports Council (KONI).

State TV, radio to merge in face of challenge

State TV, radio to merge in face of challenge JAKARTA (JP): The government is revamping the management of its radio and television networks, RRI and TVRI, in anticipation of the advent of the era of information superhighways, a senior official of the Ministry of Information says.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on March 20, 1995: Trading Shares Close Change Volume ------------------------------------------------------ ADES ALFINDO 2,700 0 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,225 25 133,500 ANEKA KIMIA RAYA 5,050 50 32,000 ANWAR SIERAD 1,350 5,500 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,850 -50 160,500 ARGO PANTES 2,700 -25 15,000 ASIANA IMI INDUSTRIES 1,600 0 ASTER DHARMA INDUSTRY 800...

Justice and solidarity

Justice and solidarity Last week's hanging of a 42-year-old Filipino maid, Flor Contemplacion, convicted of a double murder by a Singaporean court, seems to be straining the relations between Singapore and the Philippines, our friendly neighbors and allies in the Association of Southeast Asian Nations (ASEAN). Singapore's Prime Minister Goh Chok Tong announced on Sunday that he was calling off his Manila visit scheduled for April 10- April 12.

Police continue probe of 'arisan'

Police continue probe of 'arisan' JAKARTA (JP): City Police say they will continue their investigation of two executives of the Danasonic chain arisan savings enterprise. Arisan is a periodic gathering to draw lots for a sum of money "We strongly believe that the system used by these people has broken the existing rules on money savings and is designed only to collect money for their own benefit," police spokesman Lt. Col. Bambang Haryoko said yesterday.

Indies-Dutch suffered most

Indies-Dutch suffered most By Onghokham JAKARTA (JP): A big row is at present going on in Holland over the planned royal visit to Indonesia, on Aug. 20, of Queen Beatrix and her consort, Prince Claus. Although that is three days after the day of the 50th anniversary of the "Indonesian rebellion", as Dutch die-hards would term it, it is still much too close to "that date". This row is, of course, entirely a Dutch matter which has its roots in the dynamics of Dutch society.

Human resources to be developed further: Try

Human resources to be developed further: Try JAKARTA (JP): Vice President Try Sutrisno said yesterday that Indonesia's service industry and human resources are in need of improvement and reformation.

Malaysian navy opens fire on boat

Malaysian navy opens fire on boat KUALA LUMPUR (AFP): Navy patrol boats opened fire on an armed Chinese trawler which encroached into Malaysian waters, after the vessel refused to heed warnings to stop, police said yesterday. Four of the 16 crew members aboard the Swee Yee trawler were "slightly injured" in the two-hour chase drama off Malaysia's southern Sarawak state on Thursday, Ramli Yusof, a senior police official for the state said. "We had to stop them.

Gunmen kill four men

Gunmen kill four men COTABATO, Philippines (Reuter): Gunmen shot and killed four men, including an army sergeant, in the southern Philippines, police said yesterday. The four were traveling on a motorcycle and sidecar in Makilala village of Mindanao island on Sunday when they were ambushed by suspected communist rebels.

Soeharto calls for joint efforts to help women workers

Soeharto calls for joint efforts to help women workers JAKARTA (JP): President Soeharto encouraged the public yesterday to help solve the myriad problems facing women workers in Indonesia today. Speaking at the opening of a national seminar on women workers at Merdeka Palace yesterday, Soeharto said that the large number of problems facing women in the work place is a call for everyone to help find a well-planned, overall solution.

1m children don't attend school

1m children don't attend school SEMARANG, Central Java: Almost one million children aged between 13 and 15 years, throughout the province, do not attend school because of economic reasons, a local official said yesterday. Head of the Central Java education office, Koesno, said the large number of children who do not attend school is a challenge to the implementation of the nine year compulsory education plan.

Pemalang bans toy hammers

Pemalang bans toy hammers PEMALANG, Central Java: The local government has banned hammer-shaped blow up toys for fear that the toys may "introduce the symbol of communism" to children. The socio-political department of the regency government issued the decree on the ban after the local security agency found evidence that the toys symbolize communism, which is in conflict with the state ideology Pancasila. Communism is symbolized with a hammer and sickle.

Iranians may buy seven Puma helicopters

Iranians may buy seven Puma helicopters ABU DHABI (AFP): Indonesia is negotiating with Iran to sell seven civilian Puma helicopters it produces under license from the French giant Aerospatiale, and the deal could be clinched this year, visiting Indonesian state minister of research and technology B.J. Habibie said on Sunday.

Wood exports predicted to rise by 12%

Wood exports predicted to rise by 12% JAKARTA (JP): The Indonesian Forestry Society expects exports of wood products to grow by 12.3 percent this year to a value of US$7.19 billion. The society's chairman, Mohamad Hasan, told a hearing with the House of Representatives' Commission on Forestry, Agriculture and Transmigration yesterday that the this year would be better than last year because a number of major importing countries were recovering from economic recessions.

Sprinter saves falling toddler

Sprinter saves falling toddler KUALA LUMPUR (Reuter): A former national sprint champion caught a two-year-old child who fell 15 meters from an escalator at Kuala Lumpur International Airport, the New Straits Times newspaper said yesterday. G. Rajalingan, who represented Malaysia at the Olympic Games in the 1960s, caught the boy when he lost his grip on the escalator's handrail in the incident on Sunday, the newspaper quoted a witness as saying.

Scratch-to-win parking system being studied

Scratch-to-win parking system being studied JAKARTA (JP): The city administration has yet to give the green light to a parking system involving prizes which was proposed by a private company. Governor Surjadi Soedirdja told reporters yesterday that his subordinates are still studying the proposal which offers a system that can increase city revenues from the parking sector. "I have not as yet received any results from my subordinates, so I have not yet approved the proposal," Surjadi said.

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.

Sucofindo, SI, extend accords with SIRIM

Sucofindo, SI, extend accords with SIRIM JAKARTA (JP): State-owned PT Sucofindo and PT Surveyor Indonesia signed agreements with Malaysian Technology Consultants (MTC) here yesterday on technical assistance for quality certifications of medium and small scale industries.

Taspen pulls out of five companies

Taspen pulls out of five companies JAKARTA (JP): PT Taspen, the state-owned company handling life insurance and pensions for civil servants, has pulled out its equity participation in five companies, says the top executive of the company. Taspen's president, Purwanto Abdulcadir, said here yesterday that the pullout was in line with the company's program to reduce its direct investments in other companies.

New chief commands air defense

New chief commands air defense JAKARTA (JP): Armed Forces Chief Gen. Feisal Tanjung installed yesterday Rear Marshal Irawan Saleh as the new chief of the National Air Defense Command (Kohanudnas) replacing Rear Marshal F.X. Suyitno. In the speech at the transfer ceremony at Kohanudnas Headquarters, East Jakarta, Feisal stressed the need for the command to master the new, modern technology in air warfare in order to be able protect Indonesia's sovereignty.

War on 'preman' may not solve the problem

War on 'preman' may not solve the problem Mulyana W. Kusumah, a noted criminologist, argues that the success of the current battle against criminals will be short- lived unless it is accompanied by a crackdown on their support system. JAKARTA (JP): Within 10 days after the raid against the preman street hoodlums by the security forces in Jakarta, Semarang, Yogyakarta, Surabaya and other bigger towns began, around six thousand people have been detained.

2,200 college graduates jobless

2,200 college graduates jobless SAMARINDA, East Kalimantan: More than 2,200 college graduates are unemployed throughout the province because their skills do not match with the qualifications needed by the job market. "They are part of the 96,000 job seekers in East Kalimantan," governor H.M. Ardans said when opening a workshop of the provincial education office.

Photo Exhibition

Photo Exhibition I would like to refer to the news article entitled Photo exhibition on development (The Jakarta Post, March 13, 1995), which was picked up from Antara. The photo exhibition is scheduled from May to June and not from July to August, 1995, as reported in the article. Also, I am definitely not the Head of the National Archives, but only one of the staffers in that office. BAMBANG BARLIAN National Archives Jakarta

Literacy campaigns to be intensified

Literacy campaigns to be intensified SURAKARTA, Central Java: The government will be intensifying literacy campaigns because 5.8 million Indonesians are still illiterate, a senior official said. The campaigns will be intensified in all provinces and the government has allocated huge amounts of funds for this, Director General for Nonformal Education, Youth and Sports Affairs Soedjiarto said last Saturday. The official declined to mention the actual sum made available for the campaign.

Mastercard enters Vietnam

Mastercard enters Vietnam HANOI (AFP): Mastercard is to license four banks in Vietnam to issue its cards, becoming the first international credit card to establish a network of member banks here, a company executive said yesterday. Vietcombank, Eximbank, First Vina Bank and the Asian Commercial Bank are to start issuing cards soon to local customers, said Southeast Asia general manager Donald Van Stone.

Help! Teachers can't keep up with science

Help! Teachers can't keep up with science By Prapti Widinugraheni MANADO, North Sulawesi (JP): Educators in remote areas must compensate for the lack of information and an inadequate infrastructure to produce qualified graduates, a rector says. Jan Turang, the new rector of the state Teachers Training and Education Institute (IKIP) in Manado, said last week that these handicaps explain why many IKIP graduates are unable to keep up with advancements in science and technology.

Al-Azhar boarding school opened

Al-Azhar boarding school opened JAKARTA (JP): An international high school that combines a formal modern education with religious aspects was opened in Lippo City, Bekasi, on Sunday.

War issue a nightmare for Japanese government

War issue a nightmare for Japanese government By Harvey Stockwin TOKYO (JP): The longevity of Japan's current coalition government is increasingly in doubt, while the coalition's inability to rule effectively is increasingly apparent. This proposition initially became self-evident at the time of the great earthquake in the Kansai region, around Osaka and Kobe, on Jan. 17.

Fire guts 1,200 kiosks

Fire guts 1,200 kiosks JAKARTA (JP): Around 1,200 kiosks were reduced to ashes when a fire gutted a makeshift traditional market on Jl. Wijaya Kusumah I in Klender, East Jakarta, Sunday night. The blaze, believed to have been caused by a short-circuit, broke out at 6.30 p.m. Fire fighters had difficulty extinguishing the blaze due to a dearth of water and no river in the area. It took them more than six hours to completely put out the fire, Antara reported.

Investment in RP soars

Investment in RP soars MANILA (Reuter): Investment interest in the Philippines soared 300 percent in the first two months of 1995, compared to the same period last year, according to government figures released yesterday. The Board of Investments (BOI) said it had approved 36.553 billion pesos (US$1.42 billion) worth of investment proposals, compared to 8.869 billion pesos ($345 million) worth of approvals in the January-February period of 1994.

Seminar on archives

Seminar on archives JAKARTA (JP): The City Archives Office held a one-day seminar on archives yesterday. The seminar, which was opened by H. Fauzi Alvi Yasin, administration and general assistant for the City Secretary, was attended by 10 officials of the city's archive and documentation section. The seminar was designed mainly to improve knowledge about archive administration in the municipality. (hhr)

Klestil to boost RI-Austria ties

Klestil to boost RI-Austria ties JAKARTA (JP): Austrian President Thomas Klestil will hold bilateral talks with President Soeharto at Merdeka Palace this morning to discuss ways to boost economic ties between the two- countries. Indonesian Minister/State Secretary Moerdiono said yesterday that Jakarta would ask Austria to offset the trade deficit that exists between the two countries and to seek further investments here.

Council seeks rise in clinic fees

Council seeks rise in clinic fees JAKARTA (JP): Speaker of the City Council, M.H. Ritonga, urged yesterday for people not to object to a plan to raise health service fees at Puskesmas (community health centers) throughout the city. Ritonga said it is important to review the plan objectively and conduct comprehensive research on the plan.

Noted psychic Permadi undergoes accused of 'blasphemy'

Noted psychic Permadi undergoes accused of 'blasphemy' JAKARTA (JP): The Attorney General's Office yesterday questioned noted mystic Permadi Satrio Wiwoho over allegations that he had insulted Islam. Permadi, facing a sudden Moslem backlash including accusations of blasphemy, voluntarily turned himself in to the authorities on Sunday in a move that helped calm the outrage witnessed over the weekend.

China, RP open talks on Spratlys

China, RP open talks on Spratlys BEIJING (Reuter): China and the Philippines opened talks on the disputed Spratly Islands yesterday after Philippine President Fidel Ramos accused Beijing of a military build-up in the South China Sea archipelago. Chinese Vice Foreign Minister Tang Jiaxuan and his Philippine counterpart, Rodolfo Severino, began the talks at the Diaoyutai State Guest House in Beijing, Chinese Foreign Ministry and Philippine embassy officials said.