Indonesian Political, Business & Finance News

Archive: 28 April 1995

52 articles found

Academic institutions told to help farmers

Academic institutions told to help farmers JAKARTA (JP): President Soeharto asked higher learning institutions yesterday to help farmers increase the quality and quantity of their production to give them a competitive edge on the global market. "There is no reason why we cannot do it," he said after inaugurating a new campus at the Bogor Institute of Agriculture (IPB) in Dermaga, about 30 kilometers south of here.

Construction of oil and gas center proceeding apace

Construction of oil and gas center proceeding apace JAKARTA (JP): Construction work is progressing rapidly at a building site on the Jl. Thamrin which will become Indonesia's first oil and gas business center. The 32-story building project, on the site of the former office buildings of PT Caltex and the Oil and Natugal Gas Directorate General, is being developed by PT Petrobuild Indonesia under a 30-year build-operate-transfer (BOT) contract.

NAM contemporary art exhibit opens

NAM contemporary art exhibit opens JAKARTA (JP): President Soeharto will open an exhibition of contemporary art from developing countries grouped in the Non- Aligned Movement this morning at the Gedung Pameran Seni Rupa in Central Jakarta. Chairwoman of the exhibit's organizing committee, Edi Sedyawati, told journalists after meeting President Soeharto on Wednesday that she has received around 350 paintings from 45 NAM member countries.

RI should improve labor conditions: WB

RI should improve labor conditions: WB JAKARTA (JP): While acknowledging the Indonesian export boom, the World Bank has advised Jakarta to revamp its labor law and modify industrial relations practices in order to improve its international competitiveness.

BT opens Jakarta office

BT opens Jakarta office JAKARTA (JP): The British Telecommunications (BT), one of the leading telecommunications operators in the world, will boost its presence in South-east Asia by opening a representative office in Jakarta. A press release made available to The Jakarta Post here yesterday said that the representative office was opened on Wednesday with David Payne as its business manager.

Sir-Speedy business centers

Sir-Speedy business centers JAKARTA (JP): PT Kharisma Merak Indah, the master franchisee holder of Sir-Speedy The Business Printer, will establish at least 25 franchise centers throughout Indonesia within seven years with an investment of about Rp 15 billion (US$ 6.75 million). Bambang Sudjito of Sir-Speedy Indonesia said in a statement that the company, which signed an agreement with Sir-Speedy Inc.

AFTA reviews progress in tariff reductions

AFTA reviews progress in tariff reductions PHUKET, Thailand (AFP): The ASEAN Free Trade AREA (AFTA) Council yesterday began reviewing the progress the six member states have made in reducing tariffs on the goods traded within the group. The ASEAN nations -- Thailand, Brunei, Indonesia, Malaysia, the Philippines and Singapore -- agreed on the tariff reduction scheme at the last meeting of economic ministers, in Chiang Mai, northern Thailand, last September.

UN chief hopes to play role in East Timor

UN chief hopes to play role in East Timor MELBOURNE, Australia (AFP): UN Secretary-general Boutros Boutros-Ghali said yesterday he hoped the international body could help resolve the future of Indonesian-ruled East Timor. The United Nations does not recognize Indonesia's sovereignty over East Timor, which integrated into Indonesia in 1976.

KONI gears up for SEA Games

KONI gears up for SEA Games JAKARTA (JP): As the Southeast Asian Games in Thailand approach, the National Sports Council (KONI) has become more serious about managing the preparations. KONI yesterday announced that it had formed five supervising teams to help KONI monitor the progress made by athletes from 26 sports who are training for the Games, scheduled for Dec. 9-17 in Chiang Mai.

Philippines' leading broadcaster expands

Philippines' leading broadcaster expands MANILA (Reuter): The top TV and radio company in the Philippines, ABS-CBN Broadcasting Corp., will spend about 550 million pesos (US$21.15 million) on an expansion plan this year to boost its provincial and overseas operations, officials said on Wednesday.

NAM members opt for compromise on NPT

NAM members opt for compromise on NPT BANDUNG (JP): The 112-nation Non-Aligned Movement (NAM) chose to compromise yesterday by adopting a consensus statement on the extension of the nuclear Non-Proliferation Treaty (NPT), though they did so without taking a stance on whether or not to extend the treaty indefinitely.

Ayala plans expansion with Yamaha

Ayala plans expansion with Yamaha MANILA (AFP): Yamaha Corp. of Japan and the electronics subsidiary of Filipino conglomerate Ayala Corp. are planning a US$113 million expansion of a new tie-up and may form a joint venture firm, the two companies said yesterday Yamaha and Ayala's wholly-owned subsidiary Integrated Microelectronics Inc. (IMI) inaugurated a 980 million-peso ($37.69 million) manufacturing facility outside Manila on Thursday for thin film heads and gimbal assemblies.

Siemens plans massive expansion drive in Asia

Siemens plans massive expansion drive in Asia SINGAPORE (AFP): Germany's Siemens PN, the world leader in business telecommunications, announced a major expansion drive yesterday in Asia to more than double its regional market-share in five years. "Our vision for Asia is to capture 20 percent of the market by the year 2000," said Werner Schmucking, executive vice president of the company, the business communications division of the giant Siemens AG.

On foreign words

On foreign words From Bisnis Indonesia I am delighted that the government has suggested that foreign words (mostly English) which are commonly used to name companies, complexes and buildings be changed into bahasa Indonesia. This is to preserve the national language which unites the Indonesian nation. I also want to ask the Center for Language Development of the Ministry of Education and Culture about the names of countries that are translated into Indonesian.

Parking scandal probe finalized soon

Parking scandal probe finalized soon JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that the municipal administration will soon announce the results of their probe investigating the embezzlement of parking fees from the City Parking Authority BP Parkir. "The investigation is still in the process and we will announce our findings as soon as possible," the governor told reporters.

On psychics

On psychics From Sinar I am the head of Swakarsa Psychic Foundation in Madiun, East Java. I have read many items in newspapers and magazines about Permadi, former Head of the Institution of Indonesian Consumers, and the founder of the Parapsychology Foundation. I deem it necessary to clarify the psychic issue, so that the public don't make psychics look ridiculous. A dictionary defines the word psychic as someone who possesses a knowledge of psychic power (Javanese linuwih) or mysticism.

Rp 40m donated to poor people

Rp 40m donated to poor people JAKARTA (JP): PT Pembangunan Jaya Ancol, the company which manages the Ancol recreation complex in North Jakarta, has donated Rp40 million to 210 families living in least-developed areas in North Jakarta. North Jakarta Mayor H. Suprawito symbolically handed over the donation to seven community groups from Cilincing district and the Seribu Islands district in a simple ceremony on Wednesday, Antara reported.

Bulog says it will change with the times

Bulog says it will change with the times JAKARTA (JP): Beddu Amang, the chairman of the National Logistics Agency (Bulog) which regulates the country's food crops and several commodities, says that his office will deregulate its activities and modify its role in line with international trade liberalization.

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.

Garuda brings Abacus system to Indonesia

Garuda brings Abacus system to Indonesia JAKARTA (JP): The national flag carrier Garuda Indonesia launched yesterday its new subsidiary, PT Abacus Distribution System (Indonesia), after acquiring a two-percent stake in the Singapore-based Abacus company early last year. Garuda, operating domestic and international flights, was formerly a participating party in Abacus, which provides comprehensive computerized reservation system (CRS) services.

World tea talks open amid boycott

World tea talks open amid boycott COLOMBO (AFP): The first ever tea producer's meeting opened here yesterday with calls for unity to boost prices despite Kenya, a key exporter, boycotting the talks. Sri Lanka is hosting the two-day meeting of India, China, Bangladesh, Indonesia, Malawi to finalize a constitution and agree on joint marketing and research sharing, Sri Lanka Tea Board chairman Clifford Ratwatte said.

RP checking on white man who trained rebels

RP checking on white man who trained rebels MANILA (AFP): The Philippines is looking into intelligence reports that an unidentified white man had trained Moslem terrorists who pillaged a town and killed dozens earlier this month, military chief Arturo Enrile said yesterday.

Transport strike paralyzes Manila

Transport strike paralyzes Manila MANILA (UPI): A metropolitan Manila-wide jeepney strike momentarily left hundreds of commuters stranded yesterday, as the drivers of the Philippines' main mode of public transportation protested a recent government move to hike by 400 percent the fine for traffic violations. The striking jeepney drivers displayed yesterday morning red placards and banners bearing their grievances and badgered those who refused to join their protest action.

Vietnam told to lift trade

Vietnam told to lift trade PHUKET, Thailand (Reuter): Southeast Asian nations have told Vietnam it must lift barriers to trade and liberalize its economy in preparation for joining ASEAN in July, officials said on Thursday.

Int'l crime syndicates poisoning RI

Int'l crime syndicates poisoning RI SEMARANG, Central Java (JP): International organized crime syndicates are poisoning Indonesia with drugs and polluting its environment with toxic wastes, law experts claim. Muladi and Sahetapy said at a seminar on crime here this week that Indonesia should also be wary of chemical terrorist attacks and money laundering.

Renovation of Taman Ria to be handled by owner

Renovation of Taman Ria to be handled by owner JAKARTA (JP): The City Administration returned the management of the Taman Ria Remaja recreation center in Senayan, Central Jakarta, yesterday to its owner -- Ria Pembangunan -- after being managed by PT Pembangunan Jaya for 25 years. Ciputra, the president of PT Pembangunan Jaya, a joint venture between the City Administration and private companies, returned the management to Governor Surjadi Soedirdja, who later handed it over to Mrs.

RI under scrutiny on copyrights

RI under scrutiny on copyrights By T. Sima Gunawan JAKARTA (JP): Indonesia has been on the United States' copyright Watch List for six years due to rampant intellectual property right violations in the country. No real action has been taken against Indonesia despite the huge losses it has inflicted on U.S. industries. But now Indonesia may be targeted for trade sanctions as the Washington D.C.-based International Intellectual Property Alliance (IIPA) has urged the U.S.

Sweden offers pulp knowhow

Sweden offers pulp knowhow JAKARTA (JP): A industrial delegation from Sweden has been offering clean systems in the operation of pulp and paper mill as well as tailor made process chemicals and a very solid knowhow about the design and operation of such systems. The Swedish industrial delegation to Indonesia led by Swedish Minister of Industry and Commerce Sten Heckscher presented the systems here yesterday in a one-day seminar on forest and power industry.

Singapore satellite to serve Asia-Pacific

Singapore satellite to serve Asia-Pacific SINGAPORE (AFP): Singapore launched yesterday a satellite facility to serve the Asia-Pacific broadcasting industry in a step towards reinforcing the city state's position as a regional hub, officials said. ST Teleport, a subsidiary of the Singapore Technologies Group, is licensed to offer uplink-downlink facilities to broadcasters, programmers, news bureaux and cable television companies.

Developers offer cash in place of apartments

Developers offer cash in place of apartments JAKARTA (JP): The city administration is still studying a proposal from real estate developers that would allow them to give cash directly to the administration for each exclusive housing complex built in lieu of their obligation to build low- cost apartments. Governor Surjadi Soedirdja said yesterday that his office is still studying the proposal and has not made a decision.

RI-Israel relation

RI-Israel relation From Gatra The Indonesian government should not consider diplomatic relations with Israel too hastily. First, because the comprehensive peace talks between all Arab countries and Israel have not been finalized. Not all Arab countries (in the Middle East) recognize Israel.

Mahathir government caps biggest ever win

Mahathir government caps biggest ever win KUALA LUMPUR (Agencies): Prime Minister Mahathir Mohamad capped this week's landslide victory in the Malaysian elections by snapping up the last undeclared seat in the north Borneo state of Sabah yesterday, the Election Commission said. The commission delayed polls in the Kinabatangan seat until yesterday as officials in the constituency forgot to open a polling station on April 24, the first day of the elections.

Semarang port development

Semarang port development JAKARTA (JP): Indonesian, Australian and Japanese companies are competing for one of the three packages of works worth Rp 47 billion (US$ 21.1 million) for the further development of the Tanjung Emas port in Semarang, Central Java. Head of Central Java Transportation Office Gatot Soedjantoko said Wednesday in Semarang that the bidders include PT PAL of Indonesia, Konson of Australia and Mitsui, Sumitomo Corp., Misoiwi and Tomen Corp. of Japan.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Ramayana Ballet, Monday. Legong Dance, Friday. Lagoon Pool Area - BBQ Night, Wednesday. Beach Area - Ocean Party, Sunday. * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Janger Cultural Performance, Friday. Pasar Ikan Seafood Market, Saturday. Frog Dance Cultural Show, Wednesday. Cafe Lagoon Restaurant - Yodel Group Entertainers, Friday/Sunday/Monday/ Thursday. Indonesian Hot Pot Night, Friday.

'EAEC phobia' affects some countries, KL says

'EAEC phobia' affects some countries, KL says KUALA LUMPUR (Reuter): Malaysian Trade and Industry Minister Rafidah Aziz said yesterday some countries have "unfathomable" fears of an Asian economic caucus and are trying to block its formation.

Mahathir win no surprise

Mahathir win no surprise Even before the results were announced many political analysts and observers had already reached the conclusion that Prime Minister Mahathir Mohamad's National Front coalition was sure to win Malaysia's ninth general election. This was predictable, because Mahathir and his government have provided the Malaysian people with much desired robust economic growth and political stability.

Padang women fight way to Malaysia

Padang women fight way to Malaysia PADANG, West Sumatra: Hundreds of Minangkabau women from West Sumatra are seeking employment in Malaysia. The head of the West Sumatra manpower ministry office, Masri Rusli, said recently that the Minangkabau workers were mainly interested in working in electronic factories in the neighboring country.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on April 27, 1995: Share Close Change Trading Volume --------------------------------------------------------- ADES ALFINDO 2,725 0 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,000 -50 127,000 ANEKA KIMIA RAYA 5,350 0 ANWAR SIERAD 1,275 138,000 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,550 -25 265,500 ARGO PANTES 2,600 0 ASIANA IMI INDUSTRIES 1,000 96,000 ASTER DHARMA INDUSTRY 850 0 ASTRA...

Experts critisize RI's trade laws on soymeal

Experts critisize RI's trade laws on soymeal By Hidayat Jati JAKARTA (JP): Several analysts warned yesterday that Indonesia's complicated trade regulations on soymeal were causing unnecessarily high costs to the national logistics agency, the ministry of finance, and to the feed, poultry and livestock industries.

U.S. painters to display works

U.S. painters to display works JAKARTA (JP): A number of leading American painters will display their works in an exhibition, from May 1 through May 6, at the residence of Robert L. Barry, the United States Ambassador to Indonesia, at Jl. Taman Suropati No. 3, Menteng, Central Jakarta. The exhibition will feature the works of twelve prominent American painters.

Fewer seats in House will not affect ABRI role

Fewer seats in House will not affect ABRI role JAKARTA (JP): A reduced number of seats in the House of Representatives will have no affect on the strong political role of the Armed Forces (ABRI), a senior cabinet minister said yesterday. Coordinating Minister for Political Affairs and Security Soesilo Soedarman said that the planned reduction in ABRI seats, from 100 to 75, would have no effect on its role as the "stabilizer" in Indonesian politics.

Insurance firm's paid up capital reaches Rp 12.1b

Insurance firm's paid up capital reaches Rp 12.1b JAKARTA (JP): PT Asuransi Astra Buana, a subsidiary of the publicly listed PT Astra International, yesterday announced an increase of Rp 6 billion (US$2.7 million) in its paid up capital to a total of Rp 12.1 billion.

Tamil Tigers threaten Sri Lanka

Tamil Tigers threaten Sri Lanka The wanton killing, renewed anarchy in the north of Sri Lanka and fear and restlessness in Colombo have brought the republic's efforts to create peace and end the protracted ethnic crisis, which has killed over 30,000, maimed several hundred others and unsettled thousands of families, to a heart-breaking halt.

Music show for the zoo

Music show for the zoo JAKARTA (JP): Jakarta's Hard Rock Cafe, in cooperation with the Ragunan Zoological Society, has organized a charity performance of the British women's rock group Eternal at the cafe this evening. The rock group, famous for hits such as Stay, will be accompanied by a number of local musicians, including Humania, Dewi Gita and the Bandung-based comedian P. Project.

Bus drivers go on strike

Bus drivers go on strike SURAKARTA, Central Java: Dozens of bus drivers plying the 60 kilometer Surakarta-Yogyakarta route went on strike yesterday, practically paralyzing public transportation between the two cities. The strike was organized to protest this week's police killing of Tono, a 35-year-old bus conductor assistant involved in a street brawl with crew members of another bus. Thousands of passengers were stranded due to the strike, Antara reported yesterday.

Demonstrators put in jail

Demonstrators put in jail DILI, East Timor: The district court sentenced two East Timorese yesterday to a total of 49 months in prison for staging an anti-government demonstration in January. The convicts, 22-year-old Alfedro and 23-year-old Jose Hendriques, got 24 months and 25 months respectively. They are considering an appeal, Antara reported. The judge said that the sentences meted out to the defendants are more lenient than they deserve.

Dubbing of films

Dubbing of films From Pikiran Rakyat I agree with the other readers of Pikiran Rakyat who demand that foreign films should be aired in their original language (usually English). The translation in Bahasa Indonesia is enough to enable the viewers to follow the dialog and understand the story. But we have no objection to the dubbing of imported films which are not in English as the government might have special reason for that.

Expo unleashes art, voices of the South

Expo unleashes art, voices of the South By Jason Tedjasukmana JAKARTA (JP): As Indonesia winds down its chairmanship of the Non-Aligned Movement, it is only fitting that this year's NAM Ministerial Meeting be concluded with an art exhibition of equal international significance.

Minister Joop Ave returns home at Soeharto's summons

Minister Joop Ave returns home at Soeharto's summons JAKARTA (JP): Tourism, Post and Telecommunications Minister Joop Ave cut short his visit to New Zealand on Monday, leaving the annual PATA Conference in Auckland ahead of schedule, to meet a summons from President Soeharto to attend to urgent business here, a ministry spokesman said yesterday.

Thailand floats electric boats

Thailand floats electric boats BANGKOK (AFP): Bangkok, once called the Venice of the East, may have an answer to the less tranquil aspects of bristling boat traffic -- noise, smoke and oil. Thailand's Ministry of Science, Technology and Environment has floated the idea of electric boats, which it says would help clear up the capital's polluted canals and cut down on the clatter of outboard motors.

NGO's views

NGO's views As one of the non-governmental organizations (NGO) which was also present at the Police Headquarters on April 18, 1995 demanding that the case of Sri Bintang Pamungkas be handled immediately, we would like to give our views, regardless his involvement in the recent demonstration in Germany. * Bintang is too proud of his intellectual standing and the relations he has with international circles, so that he forgets his responsibility for improving the country's condition i.e.

Help keep city clean: Mayor

Help keep city clean: Mayor JAKARTA (JP): South Jakarta Mayor H.Pardjoko has called on all residents, including shop owners and people living along major roads, to help keep the city clean. "I will never get bored of touring Jakarta, inspecting and leading the regular cleanliness campaigns sponsored by the city administration, so that the capital lives up to its motto: Jakarta Teguh Beriman," Pardjoko told Antara.