Indonesian Political, Business & Finance News

Archive: 3 April 1995

38 articles found

Crackdown on laser discs questioned

Crackdown on laser discs questioned JAKARTA (JP): An operation against uncensored laser discs, proposed to begin later this month, has been received with mixed feelings by retailers, rental operators and the public. Contacted by The Jakarta Post on Saturday, some of the sources halfheartedly supported the plan with weak arguments, while others questioned possible reasons behind the policy.

Asia cutting back on edible oil exports

Asia cutting back on edible oil exports SINGAPORE (AFP): Asia's leading vegetable oil exporters Malaysia, Indonesia and the Philippines are expected to have a smaller increase in exports this year despite improved production, a U.S. official said. Herbert Rudd, head of the oilseeds and products division in the U.S. Department of Agriculture, said Friday the combined net exports of the three countries were forecast to increase to 10.1 million tons, or only three percent, above last year.

Per capita income and prosperity

Per capita income and prosperity The Head of the Central Bureau of Statistics (BPS), Soegito, after a meeting with the President on Monday said the Indonesian per capita income had increased from US$670 in 1993 to $884 in 1994 while the rate of economic growth last year was 7.3 percent compared to 6 percent in 1993. The rise in per capita income and of the economic growth rate is of course, from the point of view of growth, an indication of Indonesia's successful development efforts.

KL woos foreign investors

KL woos foreign investors KUALA LUMPUR (AFP): Malaysia is willing to ease restrictions holding foreign investors to minority positions in joint ventures if the projects feature technologies new to the country, a minister was reported saying Saturday. "Normally, for such projects, the government only allows minority shareholding to foreign investors," International Trade and Industry Minister Rafidah Aziz was quoted saying by the Bernama news agency.

Indonesia too strong for Chinese Taipei

Indonesia too strong for Chinese Taipei JAKARTA (JP): Donny Susetyo and Teddy Tanjung displayed their best doubles mastery to secure Indonesia a 3-0 unassailable lead over Chinese Taipei yesterday in the Davis Cup Asia-Oceania Group One play-off. In the first reverse singles, Suwandi confirmed Indonesia's supremacy over the Taiwanese with a 6-4, 7-5 win, to put his team 4-0 ahead.

Researchers advised to turn to sponsors

Researchers advised to turn to sponsors JAKARTA (JP): Local scientists have been advised to seek additional donors for research funding if they want the public to be aware of and benefit from their studies. Samaun Samadikun, former head of the Indonesian Institute of Sciences (LIPI), said scientists have to be more active in conducting and promoting their studies.

City planning within the law

City planning within the law JAKARTA (JP): Governor Surjadi Soedirdja has assured members of the City Council that the city administration implements its city planning policy according to existing regulations. The governor said on Friday that any decision regarding city planning, especially which concerns the city's determination to improve people's welfare, is made based on the law.

WWF criticizes monkey killings

WWF criticizes monkey killings MANOKWARI, Irian Jaya: The local representative of the environmental watchdog, the World Wide Fund for Nature (WWF), has criticized government officials for the recent killing of three Kalimantan monkeys which they feared would spread rabies. Yopi Muskita told Antara on Saturday that the killing of the three animals was "deplorable and depressing" if the reason was fear of their spreading the disease.

TV today

TV today TVRI 2:30 p.m. TV Series: Little Wizards 3:00 Riang Ria 3:30 TV Series: Unsolved Mysteries 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Technology Program 6:05 Nusantara, the Beloved Country: East Timor 6:15 Village Program 6:30 Religious Teachings: Hindu 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Santa Barbara 9:00 World News 9:30 Music 10:25 Film: Forbidden Love 10:55 Late News 11:05 Film: Forbidden Love (continued) Program 2 4:30 p.m.

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.

Marriage problem

Marriage problem There have been so many letters from your readers concerning immigration laws and how the laws effect some people. I don't intend to add to the diversity of opinions, but would like to say that my wife and I experienced similar inconveniences because the laws are different in different countries. When we got married my wife was an American citizen and I was Indonesian. We were married in a Moslem mosque in Kobe, Japan.

Bekasi regent denies illegal land deal

Bekasi regent denies illegal land deal BEKASI (JP): Bekasi Regent Mochammad Djamhari has denied the allegation that his staff illegally sold state land in Muara Gembong subdistrict to a private company. Local farmers have established fish ponds on the land. "It's untrue. I've never issued a single permit to allow any firm to carry out land clearance on the state land in Muara Gembong," the regent told reporters over the weekend.

On respect of the national language

On respect of the national language My earlier studies on Indonesia and continued interest and experience in this country have persuaded me to comment on your editorial as published in The Jakarta Post on Saturday, March 18, 1995. The editorial, entitled Regard for our language expressed concern over the "corruption" of the Indonesian language due to the usage of foreign -- particularly English -- words, phraseologies in, and its influence on, bahasa Indonesia.

Govt raises producer price of sugar

Govt raises producer price of sugar JAKARTA (JP): In a move to support producers, the government has raised the producer's selling price of sugar by 29.74 percent, to Rp 91,080 (US$41) per quintal, while at the same time abolishing the excise on sales of the commodity.

Soeharto witnesses Hannover Fair opening

Soeharto witnesses Hannover Fair opening JAKARTA (JP): President Soeharto attended yesterday the opening of the Hannover Fair 1995 by German Chancellor Helmut Kohl in a simple ceremony. The ceremony, which took place at 6 p.m. local time (11 p.m. Western Indonesian time) on Sunday, was attended by several Indonesian cabinet ministers, who are accompanying the President on his German visit, as well as a number of leading Indonesian business figures.

RI to launch massive haj operation today

RI to launch massive haj operation today JAKARTA (JP): Four wide-bodied jets will depart almost simultaneously from Jakarta, Medan, Surabaya, and Ujungpandang this morning, while another will take off from Balikpapan on Wednesday evening, as Indonesia begins the massive task of transporting 195,000 citizens to Saudi Arabia for the haj pilgrimage. This year's contingent will be the largest sent on the haj to date, being 23 percent larger than last year's 164,200, which was also a record.

Ramos sticks to his guns in row with Singapore

Ramos sticks to his guns in row with Singapore MANILA (Reuter): President Fidel Ramos has rowed back on his threat to break ties with Singapore and said he was studying "other options" to settle an explosive row over the hanging of a Filipina maid in that island state. Analysts said Singapore's execution of Flor Contemplacion, a mother of four, had driven Ramos into a corner and predicted heads would roll to save the presidency from serious damage.

Spratly dispute rattles equilibrium

Spratly dispute rattles equilibrium By Jane Macartney BEIJING (Reuter): China's recent flurry of construction in the disputed Spratly Islands was intended to test rather than inflame other claimants to the South China Sea chain, diplomats and analysts said. Western diplomats said Chinese activity in the archipelago of scattered reefs and atolls was unlikely to erupt in clashes among the six nations that claim all or part of the Spratlys.

Yemen oil deals for RI firm

Yemen oil deals for RI firm SANAA (Reuter): An Indonesian oil firm signed two deals to explore for oil in eastern Yemen, Sanaa state television reported. It said on Friday night that Indonesia's PT Bakrie & Brothers would start exploration work in two concession areas in the provinces of Shabwa and Hadhramaut once the Yemeni parliament approves the deals. It did not say when parliament would review the contracts.

Investors win contracts to build Java toll roads

Investors win contracts to build Java toll roads JAKARTA (JP): PT Jasa Marga, the state-owned company assigned to manage all highways in the country, has signed eight new revenue-sharing contracts with investors for the construction of toll roads in Java with a total length of more than 200,000 kilometers.

Government should not disregard House: Wahono

Government should not disregard House: Wahono JAKARTA (JP): House Speaker Wahono has reminded the government to pay more attention to the views expressed and voiced in the House of Representatives. Even though the Constitution doesn't hold the president and cabinet ministers accountable to the House (DPR), it doesn't mean that they can ignore the role of DPR as a supervisory body, Wahono said when inaugurating nine new members of the DPR and the People's Consultative Assembly (MPR) on Friday.

NY bank to open office here

NY bank to open office here JAKARTA (JP): The Bank of New York Company, Inc. has filed an application to the government for the establishment of a representative office here by the middle of the year. The bank announced here over the weekend that its chairman and chief executive officer, J. Carter Bacot, was in town last week for a four-day visit. The Bank of New York is one of the largest banks in the United States, with total assets of US$49 billion. (hdj)

RI teenager accused of murder in U.S.

RI teenager accused of murder in U.S. JAKARTA (JP): A 19-year-old Indonesian and six of his Vietnamese accomplices accused of murdering three Vietnamese in a cafe in San Jose, California, earlier this month, went through an arraignment process on Thursday at the San Jose district court. "The Indonesian consulate general in San Francisco has sent a representative to attend the case's first arraignment process," said Gustanto, the head of its information division, to the Antara news agency.

Harmoko tells PWI to report rival group members

Harmoko tells PWI to report rival group members SEMARANG (JP): Minister of Information Harmoko is urging all government-accredited journalists to turn in to the authorities any member of the unrecognized Alliance of Independent Journalists (AJI) who distributes its unlicensed newsletter Independen. Harmoko reiterated that the Association of Indonesian Journalists (PWI) is the only organization of local journalists that is sanctioned by the government.

Governor Surjadi declares war against foreign names

Governor Surjadi declares war against foreign names JAKARTA (JP): The government has called for the eradication of foreign names from all main roads in the city by Aug. 17, the 50th anniversary of the country's Independence Day. All owners and operators of buildings as well as businesses have been asked to change the foreign names of their buildings, offices and business centers to Bahasa Indonesia.

Indah runs for HIPMI top spot

Indah runs for HIPMI top spot JAKARTA: This month's race for the chairmanship of the Association of Young Indonesian Entrepreneurs (HIPMI) is expected to be somewhat special with the emergence of Indah Wasono as the only woman of the nine contestants. Indah, also well-known as a TV commercials star and the sister of businessman Setiawan Djodi, announced her candidacy on Friday. She currently chairs HIPMI's department in charge of funds and facilities.

Govt urges caution on spending

Govt urges caution on spending JAKARTA (JP): The local administrations of the country's 27 provinces simultaneously received their lists of development projects for the coming fiscal year over the weekend, together with a message from President Soeharto urging caution in light of uncertainty about the world's economy in 1995-1996. The President said the uncertainty in the world economy might continue for some years to come and that Indonesia had to anticipate its negative effects.

Options in getting hooked into Internet

Options in getting hooked into Internet By Joe Mudnich JAKARTA (JP): The much hailed Information Superhighway has finally extended an on-ramp into Indonesia. With a modem and a PC or Macintosh, would-be cyberspace travelers in Indonesia can choose from several different Internet services to traverse computer systems world-wide. The information one can find on the Internet itself is almost unlimited. The on-ramp, though, is not without its tolls and potholes.

PDI gathering attended by police

PDI gathering attended by police BLITAR, East Java: Last Friday's informal get-together of the leaders of the Indonesian Democratic Party (PDI) proceeded tensely after police sought to revoke the meeting's permit. Police moved in on the meeting after they noticed that the number of people attending the gathering was considerably higher than that proposed by the committee when it applied for the permit.

Respiratory illness in North Jakarta

Respiratory illness in North Jakarta JAKARTA (JP): About 60 percent of the residents in North Jakarta suffer from acute respiratory diseases, an official of the local health office said. Sonny L. Tobing, head of the office, told Antara that those affected are mostly seaport workers, water sellers and construction workers as well as other unskilled workers.

Challenges to national unity

Challenges to national unity The following article is based on a paper presented by Juwono Sudarsono, Vice Governor of the National Resilience Institute Defense College, at the Indonesian Executive Circle on March 29, 1995. This is the first of two articles. JAKARTA (JP): The challenges facing our national leaders in maintaining Indonesia's unity during the next 10-15 years will be in factoring an archipelagic outlook and national resilience in a comprehensive and balanced manner.

American investors wary of poor legal protection

American investors wary of poor legal protection WASHINGTON (AFP): Lack of copyright protection and high tariffs are the chief U.S. complaints against Asian countries which maintain unacceptable trade barriers, according to a report. India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand, as well as major U.S. trade partners China and Japan, featured among the 45 countries cited in the annual report on foreign trade barriers to U.S. business.

KL steps up scripless trading

KL steps up scripless trading KUALA LUMPUR (AFP): Malaysia's stock exchange said it would launch a trial run within the next two months trading in reduced- sized share-lots, while stepping up a move towards a fully scripless system by 1998. Nik Din Mohamed Yusoff, the executive chairman of the Kuala Lumpur Stock Exchange (KLSE), said over the weekend the exchange was fine-tuning technicalities to put to test dealings in smaller multiples of the present 1,000-share lots.

New spokesman at Armed Forces

New spokesman at Armed Forces JAKARTA (JP): Brig. Gen. Suwarno Adiwijoyo was sworn in as the Armed Forces (ABRI) new spokesman on Friday, replacing Maj. Gen. Syarwan Hamid. Suwarno was formerly chief of staff of the Siliwangi Military Command, which oversees security in West Java. Syarwan was promoted to the position of assistant to the chief of ABRI's socio-political affairs. Chief of ABRI's General Affairs Lt. Gen.

Mayor will abide by court's verdict

Mayor will abide by court's verdict JAKARTA (JP): North Jakarta mayor Soeprawito says he will abide by the verdict made by Central Jakarta Court on a civil law suit filed by 26 residents of the Pademangan Timur subdistrict over a land dispute. In its session on March 22, judges at Central Jakarta Court required the accused, namely the mayor and several other mayoralty officials, to pay Rp 1 million for each violation of the law which infringed on the rights of the plaintiffs.

Share prices mixed on Jakarta market

Share prices mixed on Jakarta market JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) closed mixed on moderate trading last week. The Fed's decision of not raising interest rates gave some indication that the U.S. domestic interest rates have stabilized. This prompted some foreign investors to enter the JSX with selective buying on heavyweight stocks. The JSX Composite Index closed last week up by 6.51 points (1.5 percent) to 428.64 from the week's opening of 422.13.

Customs, excise bills

Customs, excise bills The bills on customs and excise proposed to the House of Representatives by Finance Minister Mar'ie Muhammad on Wednesday are part of Indonesia's effort to adjust its laws to accommodate changes in business and commerce and to fulfill the new rules of the multilateral trade agreement under the World Trade Organization. The proposed legislation will be the first customs and excise laws to be enacted by the government since the country declared independence 50 years ago.

Progressive car tax is a double-edged sword

Progressive car tax is a double-edged sword JAKARTA (JP): Governor Surjadi Soedirdja announced over the weekend that the city administration has implemented the progressive car taxation system as of April 1. The governor told members of the City Council during a plenary meeting that the tax system is an effort to increase Jakarta's regional revenue from the tax sector. "The city administration wants to increase revenues from various sectors and the progressive car taxation is just the beginning.