Indonesian Political, Business & Finance News

Archive: 27 March 1995

39 articles found

Dollar sentiment drives shares lower

Dollar sentiment drives shares lower JAKARTA (JP): Uneasiness over the U.S. dollar continued to weaken the regional sentiment, driving share prices lower across the board on the Jakarta Stock Exchange (JSX) last week. The JSX Composite Index closed last week at 422.13, down 4.54 points from the week's opening of 426.67. The market traded cautiously in an extremely narrow range.

Paper price hike hurts children

Paper price hike hurts children JAKARTA (JP): Next month's rise in the price of newsprint, prominent intellectuals warn, will not only push up book prices but threaten the reading habits and ultimately the education of Indonesian children. Poet Taufik Ismail and educator J. Drost said in a separate interviews with the Jakarta Post that the price rise from the present Rp 1,320 per kg undoubtedly will have a significant impact on education.

Manhole lids stolen

Manhole lids stolen From Neraca More than five people fell down manholes on Jl. TM Taruna in Tangerang, West Java because the lids had been stolen. The local official are very slow to take action to improve the situation. Most of the victims are women who are going to market in the early hours of the morning. Actually, they should ask for compensation from the local government. They suffered injuries on their legs and hands and had to get medical treatment.

W. Java's industrial growth

W. Java's industrial growth JAKARTA (JP): Industrial growth in West Java slowed to 9.4 percent last year from 12.3 percent in 1993 due to the relocation of some manufacturing plants from the province to other countries, an official said. A deputy governor of West Java, Ukman Sutaryan, told the provincial council in a hearing in Bandung on Friday that a number of companies have relocated their plants from the province to China, Thailand and Taiwan.

RealMagic Rave: MPEG plus Windows Accelerator

RealMagic Rave: MPEG plus Windows Accelerator By Zatni Arbi JAKARTA (JP): Oops, I messed up again. In this column last Monday I wrote that the MO disk cartridge was backed with a five year warranty from Sony. Obviously I had confused it with another product, as Sony dealer in Jakarta reminded me that the cartridge as well as the drive carried only a one year warranty. Sorry for the error. Now let's have a look at a different product category: MPEG playback and Windows accelerator cards.

'Batavia Fantasy' music concert

'Batavia Fantasy' music concert JAKARTA (JP): The Betawi music concert, held over the weekend at the Gedung Kesenian Jakarta, was highlighted by Batavia Fantasy, a composition which combines both traditional and modern music. The composition, which was arranged by musician Elfa Secioria, took up 30 minutes of the two-hour performance. The event was sponsored by the City Culture Office in cooperation with the Ministry of Foreign Affairs and the City Tourism Office, Antara reported Saturday.

Money offered to protesting workers

Money offered to protesting workers SEMARANG, Central Java: A senior official concedes that the ministry of manpower is not responsive enough to the plight of workers. Workers like to refer their problems to institutions like the House of Representatives, Legal Aid Institute and the National Commission on Human Rights rather than to the ministry or the Director General of Industrial Relations and Labor Standards, Suwarto said last week.

Two negligent firms to face trial

Two negligent firms to face trial JAKARTA (JP): The Ministry of Manpower will file a lawsuit against garment companies PT Meditra Inti Ragam and PT Cenin Indonesia for failing to abide by the regulation on minimum wages and on Idul Fitri allowances. Amrinal B., director of the Works Standard Control of the Ministry, told Antara that his office is still processing an official report on the violations to be submitted to the court.

Parts of Jakarta flooded after rain

Parts of Jakarta flooded after rain JAKARTA (JP): Heavy rains poured down on part of the city on Saturday, flooding hundreds of houses and causing traffic jams in a number of areas. Among the hard hit by the two-hour rain was Sukabumi Udik district in West Jakarta, and its neighbor Cipulir district in South Jakarta. On Jl. Panjang, water inundated part of the street close to a local mosque, forcing traffic to move at a snail's pace.

Prizes to attract youths to museum

Prizes to attract youths to museum JAKARTA (JP): The city administration has urged the City Museum Office to find a way to attract students to museums. Assistant for the City Secretary Soenarjudardji said at the opening ceremony of a culture preservation exhibition over the weekend that young Indonesians rarely visit museums in the city. "The youngsters don't appreciate their own heritage. It's a challenge to the city museum office to find ways to draw them in," Soenarjudardji said.

Asita raises $20m from savings scheme

Asita raises $20m from savings scheme JAKARTA (JP): The Association of Indonesian Tour and Travel Agencies (Asita) collected some Rp 43 billion (US$19.54 million) as of last January from its "Plan Save 5" program, an arrangement aimed at limiting discounted airfares for international flights. Asita's chairman, Sri Mulyono Herlambang, told journalists on Saturday that Asita had contributed 50 percent of the interest on the funds, totaling $212,489, to the Indonesian Tourism Promotion Board.

Distrusted taxpayers

Distrusted taxpayers After more than a decade of impressive achievements in the tax system, as indicated by the significant broadening of the tax base and the annual average increase of 24 percent in tax receipts, we were surprised to learn that tax assessment is now the biggest problem faced by foreign businessmen in Indonesia.

Experts told to help fishermen

Experts told to help fishermen JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro called on experts in ocean engineering this weekend to retrieve Indonesia's many fishermen from the jaws of poverty. Addressing the inauguration ceremony of the new board members of the Indonesian Association of Engineers' Vocational Council for Ocean Technology, Wardiman said the major issue was how to seek realistic solutions to their problems.

RI to buy Hungarian buses

RI to buy Hungarian buses BUDAPEST (AFP): Siti Hardiyanti Rukmana, the daughter of President Soeharto of Indonesia has arrived here for a three-day unofficial visit, the Foreign Ministry said. Hardiyanti, a main shareholder of an Indonesian company trading with Hungarian-made Ikarus buses, is expected to buy 40 diesel buses here.

Travel document

Travel document From Prospek The regulation of the Jakarta Administration requires visitors to Jakarta, even only for a short period, to take travel documents with them. This indicates that the bureaucracy is still maintaining a feudal attitude and retaining 400-year Dutch colonial law. During the colonial period the colonial government obliged one to bring a travel document when going from one region to another, with the aim of supervising the colonized subjects.

Sri Bintang still star of PPP

Sri Bintang still star of PPP From Pikiran Rakyat I was confused when I heard about the recalling of Sri Bintang Pamungkas from his position as a member of the United Development Party (PPP) in the House of Representatives. Why is it considered improper to question Pancasila while many officials who actually violate it are left unpunished?

Thailand to lobby for pipeline route

Thailand to lobby for pipeline route BANGKOK (AFP): A senior Thai official, citing the safety of Thai oil workers, will lobby his government to reroute an international natural gas pipeline away from Myanmar's southern rebel territory following a recent attack, a local daily reported yesterday.

RI exports urea to Vietnam

RI exports urea to Vietnam JAKARTA (JP): PT Prima Comexindo, controlled by businessman Hasyim Djojohadikoesomo, will export 100,000 tons of urea fertilizer to Vietnam, one of the world's largest rice producing countries. Hasyim, in Hanoi, said that his company has signed a memorandum of understanding with the Vietnamese government for the urea export to that country. "The Vietnamese government has asked for 250,000 tons.

RI can wipe out poverty by year 2000: Soeharto

RI can wipe out poverty by year 2000: Soeharto JAKARTA (JP): President Soeharto said over the weekend that by the beginning of the 21st century there will be no more Indonesians living below the poverty line. Speaking with locals from the Manunggal village in Kutai regency, East Kalimantan, the President cited that 25.9 million Indonesians today live in poverty. "The figure is expected to be reduced as we continue with our development programs," he said.

Sipadan-Ligitan dispute

Sipadan-Ligitan dispute In a hearing in the House of Representatives on Friday, Minister of Foreign Affairs Ali Alatas made it clear that the dispute between Indonesia and Malaysia over the islands Sipadan and Ligitan would be resolved through political channels. We must welcome the minister's statement. At the very least, every effort must be made to settle the dispute between the two neighboring countries. We cannot let it drag on indefinitely.

What lies behind Philippines-Singapore row

What lies behind Philippines-Singapore row By Harvey Stockwin HONG KONG (JP): Two national inferiority complexes are hard at work as relations have rapidly deteriorated between Singapore and the Philippines, two allies in the Association of Southeast Asian Nations (ASEAN).

Toxic waste heightens needs for new facilities

Toxic waste heightens needs for new facilities KUALA LUMPUR (AFP): Environmentalists yesterday stepped up calls for a central toxic waste treatment plant after enough cyanide was dumped in a holiday resort to kill seven million people. "It should have been set up long ago. The case has underlined the urgent need to have the plant quickly," said Gurmit Singh, a leading national environmentalist.

Hanged maid given emotional burial in RP

Hanged maid given emotional burial in RP SAN PABLO, Philippines (AFP): Up to 50,000 people attended an emotionally-charged funeral here yesterday for Flor Contemplacion, as a communist hit squad claimed responsibility for the bombing of the Singapore Airlines office in Manila to protest her hanging.

Humpuss refrains from seeking protective tariff

Humpuss refrains from seeking protective tariff JAKARTA (JP): The Humpuss Group, which is now constructing a major plant to produce methanol in East Kalimantan, promised over the weekend not to ask the government to introduce a protective tariff on the importation of the chemical.

Army course for hoodlums praised, attacked

Army course for hoodlums praised, attacked JAKARTA (JP): The authorities' decision to provide a two-week training course for city street hoodlums at police and military training centers has been received with mixed reactions from the public. Contacted by The Jakarta Post over the weekend, police and military officers and several people commented that the course is badly needed to improve the positive talents and skills of hoodlums, or preman.

Fire destroy 258 kiosks

Fire destroy 258 kiosks PADANG, West Sumatra: Fire razed the Atas market in the Bukittinggi regency and the Lawang market in the Agam regency almost at the same time on Saturday, Antara reported. At the Atas market the fire started at about 1:30 p.m. and wasn't extinguished until 250 kiosks were destroyed. It was the second fire that had occurred at the market since 1972, when the whole complex was burned to a crisp.

USA golfer wins Pro-Am tourney

USA golfer wins Pro-Am tourney JAKARTA (JP): Aaron Meeks of the U.S. fired a 66 and triumphed at the Bali Sempati Golf Pro-Am tournament yesterday to mark the closing of the US$250,000 event at the Bali Golf and Country Club. Departing from tradition, the pro-am tournament in Indonesia is held after the main golf event to enable "VIPs" to compete. In other countries the pro-am is usually held as the official and final practice for the tournament proper.

TV today

TV today TVRI 2:30 p.m. Puppet Show 3:00 Riang Ria 3:30 TV Series 4:00 News 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Family Welfare 6:05 Nusantara, the Beloved Country: East Timor 6:15 Village Program 6:30 National Defense and Security 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Santa Barbara 9:00 World News 9:30 Music 10:35 Late News 10:45 Film Program 2 4:30 p.m. Sports 5:30 City News 6:00 Youth Program 6:30 English News Service 7:00 Evening News 7:30 Film TPI 5:30 a.m.

Indonesia's struggle

Indonesia's struggle From Tiras In a TV interview, a national figure said that there was a difference between Indonesia's struggle during colonial times and during the independence period. During the colonial period we fought against the colonial government with the objective of freeing Indonesia from the shackles of colonialism. But nowadays we struggle for the interest of Indonesia. Three factors are required to form a state: government, people and territory.

Kanindo's fate in hands of bank creditors: Mar'ie

Kanindo's fate in hands of bank creditors: Mar'ie JAKARTA (JP): Minister of Finance Mar'ie Muhammad denied on Saturday all reports that a consortium led by businessman Bambang Trihatmodjo has taken over the debt-ridden textile companies of the Kanindotex Group. "There have been no developments at all with Kanindotex," Mar'ie told journalists on Saturday.

Highly professional criminals

Highly professional criminals When I stopped my car at the traffic lights on Jl. Merdeka Utara in Central Jakarta, two men came up on both sides of my car. They took off the side mirrors in almost no time. It was totally unbelievable. How could they do it so quickly? The two calm scoundrels left me completely dumbfounded. This sort of crime must certainly be stopped. Will the police secure the city's intersections?

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.

Amir Syamsuddin quits battle to defend Oki

Amir Syamsuddin quits battle to defend Oki JAKARTA (JP): Lawyers from the Amir Syamsuddin & Partners announced on Saturday that they were no longer defending Harnoko Dewantono, alias Oki, the main suspect in a triple murder in Los Angeles. Amir Syamsuddin said in a statement made available to The Jakarta Post that their withdrawal was due to the unfavorable attitude shown by Oki's father, Hendarno Hendarmin.

Rimarodhi, Johansson in men's badminton final

Rimarodhi, Johansson in men's badminton final PARIS (AFP): Indonesia's George Rimarohdi and Sweden's Tomas Johansson met in yesterday's men's singles final at the French Open badminton championships. Rimarodhi, 20, beat Germany-based teammate Dharma Gunawi 15- 11, 15-7 in a one-sided match. Johansson earned his final place after fighting back from a set down to beat Denmark's Thomas Sogaard 10-15, 15-10, 15-1 in Saturday's other semi-final.

Recommendation revoked

Recommendation revoked From Merdeka The Board of Executives of the Association of Indonesian Journalists (PWI Jaya) Jakarta, in its March 20, 1995 meeting, decided that its recommendation once given to Goenawan Mohamad to become Chief Editor of Swasembada weekly is null and void, because his membership of PWI Jaya was dropped.

Man stands on one foot for 12 hours

Man stands on one foot for 12 hours SEMARANG, Central Java (JP): M. Ikhlas of Indonesia improved on his standing-on-one-foot world record yesterday when he managed more than 12 hours. Ikhlas, a Jakarta resident, was able to stand on one foot for 12 hours, 12 minutes and 12 seconds. He broke the world record in August last year when achieved 9 hours, 2 minutes and 50 seconds. Ikhlas defeated 70 other participants from Germany, Belgium, India, Japan, Australia, Netherlands, and Indonesia.

Bottlers warned over poor quality

Bottlers warned over poor quality JAKARTA (JP): The government warned Saturday it would revoke the business license of companies producing packaged drinking water which fail to meet the national industrial standards.

Three die of dengue fever

Three die of dengue fever MANOKWARI, Irian Jaya: Three out of 25 residents hospitalized in hospitals here for dengue fever have died, a spokesman for the Manokwari health office, F.H. Widodo, said over the weekend. "Dengue fever mostly affects children aged between 5-12 years," Widodo said as quoted by Antara. He said that the disease is usually prevalent during the rainy season, when stagnant water is everywhere.

Wismoyo opens 10-K Dili walk competition

Wismoyo opens 10-K Dili walk competition JAKARTA (JP): A huge field of 7,375 running enthusiasts took part in the 10K walk in Dili, East Timor, which was opened by the chairman of the National Sports Council (KONI) Wismoyo Arismunandar on Saturday. The race, made up of 544 groups and 721 individual entries, started in front of the Immaculata Conceptio Cathedral, ran through Dili's thoroughfares and finished in front of the Dili Municipal Stadium.