Indonesian Political, Business & Finance News

Archive: 21 April 1995

51 articles found

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.

Interrogation on Bintang suspended

Interrogation on Bintang suspended JAKARTA (JP): The police have adjourned indefinitely their questioning of outspoken legislator Sri Bintang Pamungkas over his alleged role in recent anti-Indonesian government demonstrations in Germany. Police investigators are now reviewing the legal procedural requirements which they must meet in order to resume their interrogation of Bintang.

S'pore-RP relations improve amid rift

S'pore-RP relations improve amid rift By Cecil Morella MANILA (AFP): A Singapore-Philippines autopsy on the remains of a murdered Filipina failed to reach a consensus on who killed her, but the joint effort itself is evidence that ties between the countries are on the mend, an analyst said yesterday.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on April 20, 1995: Shares Close Change Trading Volume ---------------------------------------------------------- ADES ALFINDO 2,675 0 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,000 -100 50,500 ANEKA KIMIA RAYA 5,350 0 ANWAR SIERAD 1,225 9,000 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,750 -50 141,500 ARGO PANTES 2,650 12,500 ASIANA IMI INDUSTRIES 1,250 0 ASTER DHARMA INDUSTRY 850 0 ASTRA...

More billboards demolished

More billboards demolished JAKARTA (JP): The City Revenue Office and the City Public Order Office demolished five more illegal billboards in East and North Jakarta yesterday. Three of the billboards promoting Ricoh and Konica products were in East Jakarta and the other two, owned by PT Finna Pangan Lestari and PT Mega Guna Ganda Semesta, were in North Jakarta.

Seminar on graphic design

Seminar on graphic design JAKARTA (JP): The Association of Indonesian Graphic Designers, in cooperation with PT Paperina Dwijaya, which represents the America-based Simpson Paper, will hold a two-day seminar on graphic design, on April 24-25, at the President Hotel, Central Jakarta. The seminar, which will start at 2 p.m. on both days, will present renowned American graphic designer Woody Pirtle of Pentagram, a design consultancy office.

Ciputra's profit to grow 2%

Ciputra's profit to grow 2% JAKARTA (JP): Publicly-listed property company PT Ciputra Development projected yesterday that this year's profits would increase by two percent to Rp 106.05 billion (US$47.7 million) from last year's Rp 104.01 billion. In a presentation before investors and analysts, the company's executives disclosed that as of last December the company had booked a net asset value of Rp 2.14 trillion, or Rp 8,581 per share.

Romana to get tennis lesson in Fed Cup opener

Romana to get tennis lesson in Fed Cup opener JAKARTA (JP): Indonesia's number two Romana Tedjakusuma will enter a David and Goliath type singles match against Argentine world number seven Gabriela Sabatini in tomorrow's Federation Cup battle.

Surakarta asks for rebuilding funds

Surakarta asks for rebuilding funds SURAKARTA, Central Java: The royal family is seeking Rp 4.5 billion (about $2 million) to rebuild part of their palace complex that caught fire 10 years ago. "We will approach sponsors to raise funds to finance the rehabilitation project," Koesmoertiyah, spokeswoman for the royal family said here yesterday. The palace caught fire on Jan. 31, 1985, destroying the main building.

New concept of residence introduced

New concept of residence introduced JAKARTA (JP): PT Prima International, a subsidiary of the property firm PT Midplaza Prima, will introduce an unusual concept combining apartments and hotel rooms in one high-rise building in the business area along Jl. Sudirman, Central Jakarta. "It's not a new concept, but it will be the first time it is applied in this city," Midplaza's project development manager, Teguh Budiono, told The Jakarta Post here yesterday.

Environmental campaign really about power

Environmental campaign really about power JAKARTA (JP): The campaigns for environmental preservation will gradually gather strength and become more a political power issue rather than merely a moral issue, former minister of environment Emil Salim said. He gave the optimistic prediction for the future of environmental causes in a lecture yesterday, commemorating Earth Day, which falls on April 22, in answer to some gloomy questions posed by his audience.

Third opinion sought on autopsy of Filipina maid

Third opinion sought on autopsy of Filipina maid MANILA (AFP): The Philippines said yesterday it will push for a third-party opinion on the cause of death of a Filipina maid whose 1991 murder is at the root of an ongoing diplomatic rift with Singapore.

Books and photocopy

Books and photocopy Can someone please explain to me why bookshops have so few customers, but photocopy shops have so many, while the photocopiers themselves proliferate on every corner? This is an aspect of the Indonesian book market that has not been considered in your editorial, nor by the esteemed Doddy Yudhista in the report "Indonesia needs law." Most photocopy shops charge Rp 100 per page.

New museum at Taman Mini

New museum at Taman Mini JAKARTA (JP): President Soeharto inaugurated the electricity and new energy museum at the Indonesia-in-Miniature Park (Taman Mini Indonesia Indah) yesterday in conjunction with the park's 20th anniversary. The inauguration was marked with the sounding of a siren and the signing of a plaque by the President. The inauguration ceremony was attended by First Lady Mrs.

Govt to hold debate on nuclear plant

Govt to hold debate on nuclear plant JAKARTA (JP): The government will hold a public debate later this year on whether or not Indonesia should turn to nuclear power to meet its ever growing energy needs, the chief of the National Nuclear Power Agency (Batan) said yesterday. Djali Ahimsa told Antara that he was planning to leave for Japan shortly to study how that country organized the public debate before it went nuclear.

Boutros-Ghali starts RI visit today

Boutros-Ghali starts RI visit today JAKARTA (JP): The role of the United Nations in a rapidly changing world will be one of the topics discussed when President Soeharto meets with UN Secretary-General Boutros Boutros-Ghali tomorrow. Minister/State Secretary Moerdiono told reporters yesterday that Boutros-Ghali will begin his five-day visit in Indonesia today.

Rising yen could drive inflation rate up: Experts

Rising yen could drive inflation rate up: Experts JAKARTA (JP): The rise of Japanese yen against the U.S. dollar is likely to mean another blow to the Indonesian economy, as import costs escalate and inflation rates climb while government resources are squeezed, local experts said yesterday.

Conference on deregulation

Conference on deregulation JAKARTA (JP): The Indonesian Economic Scholars Association (ISEI) announced yesterday that it will commemorate the golden anniversary of Indonesia's independence by holding an international conference on economic deregulation here on April 26 to April 28. Anwar Nasution, chairman of the meeting's organizing committee, said that the conference will review Indonesia's experience with the new development strategy of deregulation.

Rights body asks Soerjono to revoke decision

Rights body asks Soerjono to revoke decision JAKARTA (JP): The National Commission on Human Rights added to the already mounting pressure on the chief justice to uphold the Supreme Court's decision to award an Irian Jaya villager Rp 6 billion ($8.5 million) in compensation in a land dispute with the government. "The commission deeply regrets the cancellation of the verdict," commission chief Ali Said was quoted by his deputy Marzuki Darusman yesterday.

Pencak silat meet for SEA Games

Pencak silat meet for SEA Games JAKARTA (JP): The Indonesian Pencak Silat Association will start scouting for athletes for the 18th Southeast Asian Games during the ninth national championships in East Jakarta next month. A total of 10 gold medals in the men's divisions and five in the women's events are at stake at the May 16-21 championships, with all 60 medal winning athletes picked to join the centralized training program which starts shortly after the championships.

Bahari's fate in doubts

Bahari's fate in doubts JAKARTA (JP): The national amateur boxing body (Pertina) turned down a request from the Bahari brothers, Pino and Nemo, that they undergo their training for the 18th Southeast Asian Games in their hometown Denpasar, Bali.

Gunung Agung village unsafe

Gunung Agung village unsafe From Merdeka Crime is rife in Gunung Agung village, Central Lampung regency, Sumatra. My mother's house was robbed recently. My mother, who is a widow, lives with my sister, Erna Setiawati. Armed masked robbers forced entry into the house by breaking the front window in the early hours on April 1. After hitting both my mother and sister in the face, the robbers stole all their money and ornaments and fled. My mother was too frightened to shout for help.

Haj demonstration

Haj demonstration From Neraca I was concerned when I witnessed the demonstration held recently in Yogyakarta to protest against the chaos involving the departure of haj pilgrims from that province. They should know that demonstrations never solve the problem, only complicate it. What they could do is to give suggestions, to the authorities, on how to find a breakthrough for the problem and make sure that similar problems do not happen again.

Rights programs in Timor assisted

Rights programs in Timor assisted JAKARTA: Australia will provide A$300,000 to the International Committee of the Red Cross (ICRC) for its work protecting civilians and "security detainees" in East Timor. The Australian embassy said in a statement yesterday that the grant is part of an ongoing program of assistance through the ICRC's regional activities, totaling more than A$4 million since 1982.

Developer agrees to hold talks over compensation

Developer agrees to hold talks over compensation JAKARTA (JP): The Kemayoran Area Development Board agreed yesterday to open a dialog with residents of the Kebon Kosong and Gunung Sahari sub-districts, Central Jakarta, to settle a dispute over land compensation. Hindro T. Soemardjan, one of the board's executives, told reporters that he will open the dialog with the residents to set the compensation rate.

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.

Awakening Day

Awakening Day The observance of this year's Awakening Day (May 20) will have a deeper meaning because it coincides with the celebration of the 50th anniversary of Indonesia's independence. It is highly appropriate to use May 20 as an opportunity to enhance a nationalistic outlook, as explained by Information Minister Harmoko, the chairman of the National Committee for the Observance of Awakening Day. It is also a chance to strengthen the unity and integrity of the nation.

Condoms alone will not stop AIDS, minister says

Condoms alone will not stop AIDS, minister says JAKARTA (JP): Condoms alone won't stop the spread of the Acquired Immune Deficiency Syndrome (AIDS); the key is "proper behavior", Minister of Health Sujudi said yesterday.

On quality education

On quality education I read with interest Mochtar Buchori's article on Quality Schools in The Jakarta Post of April 19, 1995 and was pleased that the British International School was considered of this standing. We value quality at all times and are continually striving to make our provision more responsive to the needs of parents and pupils and more relevant to the challenges to be faced by our students in the technological world which awaits them.

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 Youth Program 5:00 Regional News 5:30 Culture Program 6:05 Nusantara, the Beloved Country 6:45 Sebaiknya Anda Tahu 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00 World News 9:30 Music 10:30 Film: Majority Rule 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Oil shortages possible after 2000: Subroto

Oil shortages possible after 2000: Subroto JAKARTA (JP): Oil expert Subroto warned yesterday that the world's oil demand could exceed the supply by the turn of the century. Speaking before the Indonesia-Canada Business Council gathering yesterday, Subroto predicted that the world's oil demand would probably increase to 72 million barrel per day (bpd) by the year 2000, from the current level of 66 million bpd.

Recalcitrant developers warned

Recalcitrant developers warned JAKARTA (JP): Governor Surjadi Soedirdja said that the city administration would continue to take firm action against developers who neglected their obligation to build public and social facilities in each of the housing complexes they construct. "The city will continue to take tough action against those delinquent developers," Surjadi said at City Hall on Wednesday. He did not give details of the kinds of punishments such developers would face.

Stock trading to recover in second half

Stock trading to recover in second half JAKARTA (JP): The dormant trading on the Jakarta Stock Exchange (JSX) is expected to recover in the second half of this year on the impact of the projected increase in corporate earnings and in the improvement of trading transparency, say securities analysts.

Good governance

Good governance State Minister of National Development Planning Ginandjar Kartasasmita's oration after receiving his honorary doctoral degree from the Gadjah Mada University in Yogyakarta last Saturday reminded us of the basic requirements for good, effective governance in today's world. Ginandjar noted that a good, efficient state bureaucracy should develop transparency and accountability and should guide, instead of controlling, and empower instead of providing to the public.

Seoul envoy presents accreditation letters

Seoul envoy presents accreditation letters JAKARTA (JP): President Soeharto yesterday called on developing and industrialized countries in the Asia-Pacific region to cooperate in their efforts to redress any remaining development level imbalances.

Buffaloes, ducks compete in contest

Buffaloes, ducks compete in contest SEMARANG, Central Java (JP): Twenty pairs of water buffaloes and 400 ducks will participate in major competitions, to be held in the 11-hectare Sodong agro-touristic site near here early next month. Head of the Semarang agro-tourism project, Heru Purworo, said the buffalo races, locally called karapan, and duck-herding competitions, are expected to be the major tourist attractions when Semarang celebrates its 448th anniversary this month, Antara reported.

JSX delays trading move

JSX delays trading move JAKARTA (JP): The relocation of Jakarta Stock Exchange (JSX) trading activities to a new building, originally scheduled for Monday, has been delayed until next month. The JSX authority gave no official statement about the delay. A source has said, however, that the delay is related to the fully automated trading system, which is still not working properly. "The new system is being tested as there are still a number of technical errors," he said.

Indosat's shares prices remain undervalued

Indosat's shares prices remain undervalued JAKARTA (JP): The shares of PT Indosat, the only Indonesian company listed on the New York Stock Exchange (NYSE), remain undervalued despite an increase in their prices over recent weeks, says a noted stock analyst.

Is opera easier to understand in English?

Is opera easier to understand in English? By Gus Kairupan JAKARTA (JP): Italian opera sung in English ... something that would probably have the effect a red rag has on a bull -- the bull, in this case, being Italians, who do not like this precious art of theirs being sullied.

Police believe drug traffickers have fled abroad

Police believe drug traffickers have fled abroad JAKARTA (JP): It is believed that a drug ring trafficking "ecstasy", an illegal stimulant, left the country on Sunday after the arrest of one of their syndicate personnel. "We have failed to detain any other suspected members of the syndicate," head of the city police's operational affairs subdivision, Capt. Syaiful Bd., told The Jakarta Post yesterday.

City plans emission tests on private cars

City plans emission tests on private cars JAKARTA (JP): The City Council proposed yesterday the testing of gas emissions of private vehicles to help reduce the high level of pollution in the capital. Saud Rachman, a member of the council's Commission D, which is responsible for the environment, said that it was time for the city administration to regulate the gas emissions of private vehicles.

Water stoppage on Saturday

Water stoppage on Saturday JAKARTA (JP): The city-owned water company PAM Jaya announced yesterday it will temporarily stop the supply of tap water to a number of areas in North Jakarta tomorrow. The company said that the stoppage will be caused by a pipe installation project in Muara Karang happening from 8 p.m. until 12 p.m. The installation project will affect tap water service in several areas in Muara Karang, Muara Baru and Kapuk in North Jakarta. (yns)

22-year-old land dispute in E. Java sees light

22-year-old land dispute in E. Java sees light JAKARTA (JP): A solution to the 22-year-old dispute over the appropriation of an 88-hectare plot of land in Surabaya began taking shape yesterday when the realtor offered substitute land and higher compensation for the displaced residents. The realtor, PT Darmo Permai, has offered cash in compensation for the property but about 500 of the affected families consider it too cheap and reject it.

Fishermen burn own trawls

Fishermen burn own trawls TEGAL, Central Java: Dozens of fishermen burned down their own trawls in the presence of officials yesterday in compliance with the government's ban on trawling equipment. The fishermen, said Lt. Col. Budiantoro, a Navy official, have realized that the use of trawls can harm the marine ecosystem in the regency. President Soeharto has issued a decree banning trawls, which catch fish indiscriminately and threaten the livelihood of small- scale fishermen.

U.S. still concerned over rights

U.S. still concerned over rights JAKARTA (JP): A high ranking United States official said yesterday that, despite some progress, his country was still concerned about freedom of expression and association in Indonesia. "While I have found reasons to be encouraged about some developments in these areas, unfortunately there are reasons for serious concern as well," said John Shattuck, U.S. Assistant Secretary of State for the Bureau of Democracy, Human Rights and Labor.

Indohealth holds aerobics tourney

Indohealth holds aerobics tourney JAKARTA (JP): A field of some 100 aerobic fanatics have confirmed their entry for the Indonesian Aerobics Championships and Charity '95 scheduled on Sunday at the Mandarin Oriental Hotel. The championship features three main events; aerobics, low impact and step power which will further be split into age groups. Some of the proceeds from the event will go towards orphanages, said Ana Mariasthuti of Indohealth Utama.

880 tribal families not yet 'socialized'

880 tribal families not yet 'socialized' FAK-FAK, Irian Jaya: The government has yet to socialize 880 tribal families living in remote areas of Fak-Fak, a local government official said yesterday. Head of the local office of social service affairs Stev Poceratu said that the semi-nomadic tribes people in isolated areas in the districts of Akimuga, East and West Mimika, Teluk Etna and Kokas still live in poverty.

Luxury car smuggling foiled

Luxury car smuggling foiled SURABAYA, East Java: The local customs office has foiled an attempt to smuggle in Volvos and BMWs, packed in containers from Singapore, to the Tanjung Perak harbor. Antara reported that investigations were carried out on four of 12 containers suspected of containing smuggled goods. The four containers, which came with the Kota Mulia Voy 83, are being kept at the harbor's container terminal. Import documents were addressed to a company on Jl. Slamet, Surabaya. (pwn)

National squad routs Persita

National squad routs Persita JAKARTA (JP): The All-Indonesia Football Association received special kudos on its 65th anniversary when the national team for the 18th Southeast Asian Games produced a 9-3 thrashing of Persita Tangerang in its first tryout on Wednesday. Arseto Solo's striker Rocky Putirai scored a hat trick for Romano Matte's men during the one-sided match at the Senayan stadium. Agung Setiabudi, Ansyari Lubis, Sudirman, Buyung Ismu and Yudi Guntara struck a goal each.

A challenge to universities

A challenge to universities From Neraca I wish to challenge the research departments of the prestigious universities in this country -- Bandung Institute of Technology, University of Indonesia, Gadjah Mada University, North Sumatra University and Trisakti University -- to conduct research on how to produce cement without inflicting a great investment. Better still, if the business can be carried out as a home industry.

The Listening Post

The Listening Post * I never tire of nagging my Indonesian students about seasoning their English writing with more, and more accurate, punctuation marks. Why is it, I wonder, that I inevitably encounter a paucity of punctuation in otherwise accurate and even elegant writing of formal English by Indonesians?