Indonesian Political, Business & Finance News

Archive: 25 April 1995

45 articles found

RP suspects rebels' hand in Ipil

RP suspects rebels' hand in Ipil MANILA (AFP): The Philippine defense chief yesterday said a Moro rebel group engaged in a truce with the government was losing commanders to fundamentalism, and some of them may have joined the bloody sacking of a town this month. Defense Secretary Renato de Villa said some field commanders of the Moro National Liberation Front (MNLF) were being drawn to a Moslem rebel group behind the April 4 raid on the southern town of Ipil which left 66 dead.

University neutral in nuke fray

University neutral in nuke fray SEMARANG, Central Java: Diponegoro University has pledged neutrality in the burning controversy over the government's plan to build nuclear power plants on Mount Muria, Jepara. Rector Muladi said on Saturday that the university's academic concern was to provide objective academic assessment of the project.

Digital cordless phone service to be launched July

Digital cordless phone service to be launched July JAKARTA (JP): PT Telepoint Nusantara, a new private telecommunications company, will launch in July its digital cordless telephone (CT-2) service, which has been labeled the second generation of the mobile telephone system.

Astra's net profit rose 110% last year

Astra's net profit rose 110% last year JAKARTA (JP): Astra International, the second largest business group in the country, booked a 110 percent increase in its consolidated net profits last year to over Rp 279 billion (US$126.8 million) from Rp 132.37 billion in 1993. Astra, the country's largest automobile producer, attributed the sharp increase in its net incomes to the surge in sale revenues from its automotive and heavy industry divisions.

'Terima kasih sekali'

'Terima kasih sekali' Today this newspaper celebrates its 12th anniversary. For many newspapers in developed countries, 12 year of existence is, perhaps, no big deal. It would be just like coming of age. But for us to be able to reach this age, is, by any means, a real feat. In light of last June's closure of three popular weeklies, we can be said to have passed through a year of living dangerously, in the truest sense of that phrase.

Indonesia well prepared for World Archery C'ship

Indonesia well prepared for World Archery C'ship JAKARTA (JP): D.M. Lovo, the vice president of the world archery body, FITA, expressed satisfaction yesterday at Indonesia's preparations for hosting the World Archery Championships. The 38th World Outdoor Target Archery Championships are scheduled to take place in Jakarta from Aug. 1 to Aug. 6. "I am very pleased with the preparations," said Lovo with a smile.

Pirates kill fisherman

Pirates kill fisherman SAMARINDA, East Kalimantan: Pirates shot and killed a fisherman in the Balanciko sea near Nunukan last weekend, police said yesterday. Spokesman for the Nunukan police precinct, Sgt. Misli, said that the midnight attack involved three gunmen, believed to have come from the nearby Malaysian Sempurna Island. The victim has been identified as Udin Reka, 43, and, Misli said, he had been robbed of his boat's engine, Antara reported.

East beats West in all-star war

East beats West in all-star war JAKARTA (JP): The booters chosen to represent the West Division of the Indonesian league were upset 5-4 by the East Division in an all star match in the Senayan stadium last Sunday. The favored West team owed all four of its goals to its import booters. Cameroon player Maboang Kessack netted two while his compatriot Roger Milla and Croatian teammate Dejan Gluscevic each scored one.

Tokyo keeps low profile on Clinton's remarks

Tokyo keeps low profile on Clinton's remarks By Pierre-Antoine Donnet TOKYO (AFP): Despite widespread outrage over remarks by U.S. President Bill Clinton justifying the use of the atom bomb on Japan during World War II, the Japanese government has remained silent on the contentious issue, trying hard not to re-open old wounds. Survivors of the U.S.

TV today

TV today TVRI 2:30 p.m. TV Series: Hassai Sensei 3:05 Children's Program 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 Economy Program 7:00 Evening News 7:30 Gema Pancasila 8:05 Quiz: Siapa Dia 9:00 World News 9:30 Film: Madigan Million 10:55 Late News 11:10 Music Program 2 4:30 p.m.

'Tempo' trial adjourned

'Tempo' trial adjourned JAKARTA (JP): A trial pitting ex-Tempo magazine employees against Minister of Information Harmoko was adjourned yesterday because the court secretary in charge of dossiers has left for Mecca for the haj pilgrimage. Presiding judge Leo Hutagalung opened the hearing yesterday only to announce that the trial could not proceed because the lawsuit papers were not available.

Crumbling infrastructure is hindering in Vietnam

Crumbling infrastructure is hindering in Vietnam By Dean Yates HANOI (Reuter): Whether it's the potholes on Highway One or power lines dangling from city lamp-posts, crumbling infrastructure is holding back communist Vietnam's efforts to join Asia's "tiger" economies. Decades of war and central planning have left a legacy of bone-jarring roads, slow-moving ports, inefficient power generation, scarce public transport and no more than 500,000 telephone lines across the largely agricultural nation.

Roy leads in Formula Asia opening leg

Roy leads in Formula Asia opening leg JAKARTA (JP): Indonesia's Roy Haryanto reigned during the opening leg of the Formula Asia championship series on Sunday, winning both races staged at Sentul circuit to achieve the lead position. Starting from the front row of the grid, Roy clocked the fastest time of 23 minutes 23.386 seconds in the first race, holding off pole man Niclass Jonsson of Sweden, who finished just 1.418 seconds behind.

Mahathir aims to retain post for his 'Vision 2020' plan

Mahathir aims to retain post for his 'Vision 2020' plan By Bill Tarrant KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad once joked at an international business conference in Kuala Lumpur: "If you can't be famous, at least you can be notorious." He had just been asked if his well-publicized spats with major trading partners like Australia and Britain, and his bashing of western-style democracy, human rights and trade policies had had a chilling effect on investment.

UN chief pragmatic on abolishing veto rights

UN chief pragmatic on abolishing veto rights By Santi WE Soekanto BANDUNG (JP): United Nations Secretary-General Boutros Boutros-Ghali appears to be taking a pragmatic stance on growing demands for the abolition of veto rights in the UN Security Council, pointing to the difficult route that the campaign will have to take.

Soeharto warns of new dangers

Soeharto warns of new dangers By Meidyatama Suryodiningrat BANDUNG (JP): President Soeharto and United Nations Secretary General Boutros Boutros-Ghali warned yesterday of the mutation of old threats into new dangers confronting the world. "Apartheid is dead, but other, more insidious forms of racism are still prevalent," Soeharto said at the commemoration of the 40th anniversary of the Asia-Africa Conference here.

City to form subway management unit

City to form subway management unit JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that city administration is currently preparing the establishment of a project management unit to be in charge of handling construction of Indonesia's first subway system. "As governor I will be responsible for the construction of the project, but its day-to-day implementation will be supervised by the vice governor of economics and development, Tb.

24 houses gutted by fire

24 houses gutted by fire JAKARTA (JP): Twenty four houses were gutted by fire, believed to have been caused by a short circuit, on Jl. Kapuk Raya in Penjaringan district, North Jakarta, on Saturday. According to officers of the North Jakarta fire brigade, eight fire engines were deployed to put out the fire which started at 4:35 p.m. The fire, which caused no casualties, was extinguished at 7 p.m., he said. (hhr)

NAM must play more active role

NAM must play more active role Indonesia is currently hosting the 40th anniversary commemoration of the Asia-Africa Conference as well as the Non- Alignment Movement's ministerial meeting. Noted political scientist Juwono Sudarsono takes a close look at these important events.

Weak dollar could affect SE Asia

Weak dollar could affect SE Asia SINGAPORE (AFP): Southeast Asia's fast-growing economies could face problems requiring policy adjustments if the U.S. dollar persists at current weak levels, a report on the outlook for regional currencies has warned. Singapore, Malaysia and Thailand could come under pressure to tighten monetary policy, said the quarterly economic review by the British investment research firm Crosby Research Ltd.

Asia lures U.S. investors

Asia lures U.S. investors SINGAPORE (AFP): Investors from the United States are being increasingly drawn to Asian firms they feel offer better growth opportunities than U.S. companies, the New York Stock Exchange (NYSE) president said in remarks published yesterday. "There's a growing interest among U.S. investors in investing in non-U.S. companies, especially those from the Asia-Pacific area," Richard Grasso told Singapore's Business Times. He, however, added that the U.S.

Private firms to help with parking

Private firms to help with parking JAKARTA (JP): The city parking authority, BP Parkir, has asked private companies to cooperate in managing parking in the city in an effort to increase the city's revenues from parking. City Secretary Harun Al Rasyid said yesterday that the proposal from BP Parkir stressed the importance of involving other parties in the management of city parking.

Library books needed

Library books needed From Suara Karya I am glad to inform readers that the Kolontobo village, East Flores regency, East Nusa Tenggara, has established a public library and a bulletin board. We would like to enlarge our book collection. This is also in line with the growing reading interests of the society, particularly the learning groups of Category A (elementary level) and Category B (junior high school level).

TVRI

TVRI I refer to my letters in The Jakarta Post (March 23 and 28, 1995) on TVRI, which have not drawn any response from TVRI. Some organizations or government bodies make it a point to reply to questions or comments made by your readers. Among them, I found the Immigration Office, Garuda, Department of Education and Culture to name but a few. Sorry, I almost forgot the Myanmar Embassy which regularly contributes to your columns.

RI, Canadian rights bodies link up

RI, Canadian rights bodies link up JAKARTA (JP): Leaders of human rights commissions from Indonesia and Canada met yesterday to discuss possible cooperation in their work. Ali Said, the chairman of Indonesia's National Commission on Human Rights, and Maxwell Yalden, Chief Commissioner of the Canadian Human Rights Commission agreed to share their experience in enforcing human rights.

Environmental disputes: New options

Environmental disputes: New options JAKARTA (JP): Legal practitioners and environmental activists agreed yesterday on the need to supplement the court system with alternative means of resolving environmental disputes. Speaking at a seminar on the management of environmental conflicts in Indonesia, a number of experts said that the litigation system had not been effective in stemming violations of regulations designed to protect the environment.

Singapore, Laos sign air accord

Singapore, Laos sign air accord SINGAPORE (AFP): Singapore and Laos signed an air services agreement here Monday as Laotian Prime Minister Khamtay Siphandone began a four-day visit aimed at promoting bilateral economic ties. The agreement provides for the flagship carriers of the two countries to operate three flights a week linking Singapore with the Vientiane, officials said. At present there are no flights between the two destinations.

Foreign investment rose to US$12.9b: Sanyoto

Foreign investment rose to US$12.9b: Sanyoto JAKARTA (JP): Minister of Investment Sanyoto Sastrowardoyo said yesterday that foreign investment approvals during the first three months of this year reached US$12.9 billion. "This is the highest level of foreign investment recorded among members of the Associations of South East Asian Nations (ASEAN) ...

Stocks Exchange

Stocks Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on April 24, 1995: Trading Share Close Change volume ------------------------------------------------------ ADES ALFINDO 2,725 50 2,500 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,000 25 187,500 ANEKA KIMIA RAYA 5,350 0 ANWAR SIERAD 1,275 0 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,750 -50 212,500 ARGO PANTES 2,650 30,000 ASIANA IMI INDUSTRIES 1,000 70,000 ASTER DHARMA INDUSTRY 850 0...

PT Paiton secures $1.82b deal for East Java project

PT Paiton secures $1.82b deal for East Java project JAKARTA (JP): Indonesia's infrastructure privatization drive has received a major boost as the country's first major private power project, owned by PT Paiton Energy Company (PEC), closed an offshore-syndicated financing deal worth US$1.82 billion.

China sends message to mark Bandung fete

China sends message to mark Bandung fete BEIJING (AFP): Chinese Premier Li Peng, in a message of congratulation on the 40th anniversary of the Asia-Africa Conference, stressed yesterday the importance of the "Bandung Spirit" to fight hegemonism. Although the world "is, on the whole, moving towards relaxation, hegemonism and power politics still exist and the world is by no means free from trouble," with profound and complex changes taking place, Li said.

14th National Games budget estimated at Rp 26.5 billion

14th National Games budget estimated at Rp 26.5 billion JAKARTA (JP): The organizing committee of the 14th National Games (PON) has estimated their budget for the country's biggest sporting meet at Rp 26.5 billion (around US$12 million), though they still face a Rp 3 billion ($1.35 million) deficit.

Laptop computer

Laptop computer I have a question for fellow The Jakarta Post readers who are also laptop or Notebook users. I bought a NEC Versa S/33 in the USA recently and used it with much bliss and joy over there. After arriving here, and checking out the adapter capacity (100-240V, 50/60 Hz), which turned out to be exactly the same, and used for other laptop brand here, I found that the adapter would get very hot after one to two hours of usage with the computer.

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.

Russian circus stranded in RP

Russian circus stranded in RP MANILA (AFP): Fifteen members of a Russian circus troupe and 21 circus animals have been stranded in the southern Philippine city of Davao after their Filipino promoter abandoned them, the official Philippine News Agency (PNA) said. "We have no money, we have no food for ourselves and our animals to exist normally. We have no documents for the repatriation of our equipment and animals from the Philippines to Russia," PNA quoted troupe leader Boris Fedotov as saying.

Prison island's security tightened

Prison island's security tightened CILACAP, Central Java: The authorities plan to tighten the security of Nusa Kambangan, a prison island that will be developed into a tourist destination. "The plan will pose a security problem because the tourist attractions and the detention centers are very close to each other," Cilacap military chief, Lt. Col. Tjutju M. Soemirat, told Antara yesterday.

Graffiti

Graffiti From Bisnis Indonesia Teenagers continuously draw graffiti with aerosol paint. They paint graffiti on the pedestrian bridge at Jl. Jend. Suprapto, Cempaka Putih, Central Jakarta. They operate at night when the traffic is quiet. It should be worthwhile for the headmaster and teachers at the nearby school to pay attention to their students and teach them how to behave. Buying the paint, which is expensive, is a waste of money. Their negative behavior will tarnish the school's image.

Ansaldo's Kalina Cycle

Ansaldo's Kalina Cycle JAKARTA (JP): Ansaldo Energia, a giant manufacturer of power generation equipment from Italy, has introduced here the Kalina Cycle process, a new technology based on water ammonia mixture, in a further move to strengthen its position as the market leader in geothermal technology. C.

Bali drug dealer to go on trial

Bali drug dealer to go on trial DENPASAR, Bali: Police said yesterday that the investigation into a suspected drug dealer is near completion and the dossier will be transferred to court soon. The suspect, Edy Kusyanto, was allegedly caught with drugs worth more than Rp 1 billion (US$480,000) in the Legian Resort, in March. Also confiscated was his Mercedes Benz which was used in the business.

Telephone service

Telephone service Hardly a day passes without our reading in your most excellent journal of the continuing efforts of PT Telkom to stake its claim to become an international giant. Perhaps it deserves to win this accolade in the near future. In the meantime, those of us in the Kencana Permai area of Pondok Indah enter our second week without service. Would it be too much to ask for some explanation of our isolation, better still a solution for restoring our service?

Ex-minister launches memoirs

Ex-minister launches memoirs JAKARTA (JP): Commemorating his 50th wedding anniversary, Oei Tjoe Tat, a former minister under Indonesia's first president Sukarno, launched his book of memoirs depicting his governmental service and his 11-year prison term under the New Order government on Sunday evening.

Village chief defrauds haj

Village chief defrauds haj BEKASI (JP): The chief of the Sukaragam village in Serang district, Bekasi, H.M. Atang, who defrauded 40 villagers of their haj pilgrimage fees, has tendered his resignation, promising that he will give back the money to the prospective pilgrims. Spokesman for the Bekasi administration, Yaya Ruyatnasih, has confirmed that regent Moch. Jamhari has received Atang's resignation letter.

German car joins ATP sponsorship

German car joins ATP sponsorship JAKARTA (JP): A leading German automaker, Mercedes Benz, has joined other big international companies to sponsor the Association of Tennis Professionals' (ATP) Tour men's tennis tournaments worldwide, starting next year. Under a four-year agreement with the ATP Tour, the prestigious automaker will be the major sponsor for 85 tennis events, in 38 countries around the world, including the season-end ATP World Championship and World Doubles Championship.

Mayor lifts sanctions against Concord 2000

Mayor lifts sanctions against Concord 2000 JAKARTA (JP): East Jakarta Mayor Sudharsono has lifted the administrative penalty imposed on PT Quartalintas Sembada, the developer of the Concord 2000 housing complex in East Jakarta, after the company signed an agreement with the mayoralty. Sudharsono told reporters at City Hall yesterday that the developer had finally agreed to turn over the social and public facilities at the complex to the city administration, not to another party.

Worthy news items

Worthy news items I am a regular reader of The Jakarta Post for the past two years. Of late, I notice not only unwanted news items like Pets allowed: Cows stands.....as indifferent Indians walk casually by.... as reported on page 12 of your Post April 17, 1995 but also misleading sports news like Sri Lanka wins Asia Cup Cricket reported on page 10 of April 15, 1995 find their way into your newspaper.