Indonesian Political, Business & Finance News

Archive: 13 May 1995

59 articles found

RI to host Asia shooting tourney

RI to host Asia shooting tourney JAKARTA (JP): Twenty countries have confirmed their participation in the 8th Asian Shooting Championships to be held here and in Bogor in October. "We have invited all the 38 member countries of the Asian Shooting Confederation. Our neighbors Australia, New Zealand and Papua New Guinea are also invited," Soetiyoso, a top official of the Indonesian Shooting Association, said yesterday.

Probo approaches Dayak Besar deal with caution

Probo approaches Dayak Besar deal with caution JAKARTA (JP): Businessman Probosutedjo, a half brother of President Soeharto, expressed caution yesterday about his plan to take over the debt-ridden Dayak Besar Group, a group of timber companies. "We are still studying how to repay the large amount of debts owed by Dayak Besar," Probosutedjo said after meeting with Minister of Forestry Djamaludin Suryohadikusumo at the latter's office yesterday to discuss the planned takeover.

President Nelson Mandela marks first year in office

President Nelson Mandela marks first year in office By Brendan Boyle CAPE TOWN (Reuter): As President Nelson Mandela marked a year as South Africa's first black head of state on Wednesday, political analysts were already pondering whether it was time he moved on.

Artists issue statement of concern

Artists issue statement of concern JAKARTA (JP): A group of Indonesian artists and intellectuals expressed concern yesterday at the political control of artistic expression and other aspects of life. They read out their statement during a press briefing at a canteen in the Taman Ismail Marzuki art center.

Taxi firm's bonus shares

Taxi firm's bonus shares JAKARTA (JP): PT Steady Safe, a publicly listed transportation company, announced yesterday that its shareholders had approved a plan on the split of its stocks and the distribution of bonus shares worth Rp 29.5 billion (US$ 13.2 million). Jopie Widjaja, the company's president, said that every two existing shares, after the split, will be eligible for one bonus share. He also declared the distribution of a dividend of Rp 175 per share.

Police close down savings chain scheme

Police close down savings chain scheme JAKARTA (JP): The city police have closed down the operation of the controversial Danasonic arisan savings chain scheme run by Jakarta-based PT Saptamitra Ekakarya in response to growing concern from the public. City Police Chief Maj. Gen. Dibyo Widodo told reporters on Thursday that the company's president, Mrs. A.K. and its commissioner, S.H., were arrested early this week on suspicion of fraud and forgery.

Nico beats Jodsingh to claim OPBF crown

Nico beats Jodsingh to claim OPBF crown JAKARTA (JP): Sweat, blood and bruises were not too much to pay for former mini-flyweight world champion Nico Thomas, who struggled to salvage his pride -- and his family life -- on Thursday night. "This is the most exhausting fight I've ever had in my career," a panting Nico said after recapturing the Orient and Pacific Boxing Federation (OPBF) title late Thursday night.

Moslem students protest over Irian Jaya land row

Moslem students protest over Irian Jaya land row JAKARTA (JP): Fifty Moslem students marched to the Supreme Court building yesterday, demanding the resignation of Chief Justice Soerjono over his controversial move in a land dispute in Irian Jaya.

Govt bans Pramoedya's book

Govt bans Pramoedya's book JAKARTA (JP): The government has banned Pramoedya Ananta Toer's book Nyanyi Sunyi Seorang Bisu (Silent Song of a Mute), almost two months after it went on sale, citing that its content could create public unrest. The 319-page book "contains misleading writings, which could create the wrong opinion about the government of Indonesia," Attorney General Singgih said in his decree, dated April 19, 1995. A copy of the decree was made available to the press yesterday.

N. Jakarta police have best record

N. Jakarta police have best record JAKARTA (JP): The North Jakarta police precinct has the best crime fighting record amongst the capital's five police precincts. Chief of the North Jakarta police precinct, Lt. Col. Edi Darnadi said his office deserved the accolades given its successful record in handling crime. Data at City Police Headquarters indicates that in the last four months the North Jakarta precinct managed to resolve 116 of its 176 cases, or 64.8 percent.

Land row not to delay renovation

Land row not to delay renovation JAKARTA (JP): The City Council's Chairman of Commission E, which oversees public welfare, said on Thursday a developer should continue renovating state junior high school SMP 43 despite a land dispute. "The developer should continue the renovation work of the school as soon as possible. The land dispute between the city authorities and M. Matun, the former head of the Mampang Prapatan subdistrict, should not disrupt the learning process," Atje Muljadi said. M.

West Sumatra exports chefs to Malaysia

West Sumatra exports chefs to Malaysia JAKARTA (JP): West Sumatra has found a potentially lucrative export commodity which, until now, has remained largely untapped: chefs of the spicy Padang cuisine. Seven chefs left for Malaysia this week to work at the Holiday Inn Hotel in Johor Baru, after a recent exhibition of Padang cuisine proved to be successful, according to Antara.

University staff seek solution

University staff seek solution JAKARTA (JP): After almost two years of conflict, displeased staff members at Satya Wacana Christian University in Salatiga, Central Java, have turned to the church to seek solace. Th. Sumartana, a member of the Presidium of the Pro-Democracy Group, met with Chairman of the Communion of Churches in Indonesia (PGI), Soelarso Sopater, and other PGI leaders yesterday.

PDI accuses East Java govt of meddling

PDI accuses East Java govt of meddling JAKARTA (JP): The minority Indonesian Democratic Party plans to file a formal complaint with the Minister of Home Affairs to protest the East Java governor's meddling in its internal affairs. Officials of the nationalist-Christian alliance condemned the East Java government yesterday for forbidding party chief Megawati Soekarnoputri from meeting her party members in the province.

Asian press urged to compete

Asian press urged to compete SEOUL (Reuter): Asia's rapid economic development requires the region's news agencies to hone standards of journalism to improve the reporting of its own affairs, South Korea's information minister said yesterday. Oh In-Whan criticized what he called the Western media's news monopoly which he said had grown even greater with the rapid economic development of the Asia-Pacific and increased Western pressure on Asia to open its markets.

No stock table

No stock table Notice: Due to technical problems at the Jakarta Stock Exchange last night, today's table of share prices is not available. -- Editor

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.

First pilgrims return from haj Monday evening

First pilgrims return from haj Monday evening JAKARTA (JP): The first flight bringing Indonesian haj pilgrims from Saudi Arabia will arrive in Jakarta on Monday. The flight, which will include Minister of Religious Affairs Tarmizi Taher, is scheduled to arrive at the Halim Perdanakusuma airport at around 6 p.m., a spokesman for the ministry told The Jakarta Post last night.

Buddhist spiritual leader calls for introspection

Buddhist spiritual leader calls for introspection JAKARTA (JP): A Buddhist spiritual leader is calling on Buddhists all over Indonesia to observe Buddha's Day of Enlightenment on Monday with introspection. Ashin Jinarakkita, chief of Sangha Agung Indonesia, suggests that Buddhists ask themselves if they have implemented the teachings of Buddha over the past year.

Siska-Sudomo rift settled out of court

Siska-Sudomo rift settled out of court JAKARTA (JP): Fransiska Diah Widhowaty yesterday revoked a lawsuit against her former husband, Sudomo, chief of the Supreme Advisory Council, after both sides reached an agreement.

Construction booms in KL

Construction booms in KL KUALA LUMPUR (AFP): Malaysia's construction industry, crucial to the nation's dream of becoming a developed state in 25 years, is set to be the biggest local revenue earner this year, a government agency said yesterday. The building sector is expected to chalk an additional 33.9 percent in earnings for 1995, compared to the 15.4 percent expansion forecast for the transport division, the second largest portion of the Malaysian business pie, the statistics department said.

Artist displays fused glass sculptures

Artist displays fused glass sculptures JAKARTA (JP): Butterflies and bamboo-like bowls come together in an exhibition of multi-colored glass pieces by Dutch artist Frank van den Ham. A number of the contemporary works are combined with traditionally made Sumba cloth in designs commissioned by van den Ham. Having worked with glass and particularly the glass fusing technique for some 20 years, van den Ham has exhibited in a number of countries such as Germany and Japan.

Soeharto meets Widjojo

Soeharto meets Widjojo Businessmen are now asking whether or not the government will issue a new economic policy following a rare meeting between President Soeharto and his senior advisor Dr. Widjojo Nitisastro recently. We do not know the answer. There does not seem to be anything wrong in the handling of the management of the current macro economy despite the price hikes befalling certain commodities, such as cement and paper.

Bowling champ to arrive here

Bowling champ to arrive here JAKARTA (JP): Last year's world champion Tore Torgersen of Sweden will be among world bowlers taking part in the 11th Indocement Cup bowling championships in the Ancol bowling center, North Jakarta, from May 24 to June 3. Another Swedish champion to participate in the Rp 90 million (US$40,358) championships is Tom Hahl, the 1990 world champion.

Indonesian girls qualify for World Cup tennis

Indonesian girls qualify for World Cup tennis JAKARTA (JP): Heavy rain washed out the Senayan clay tennis courts and delayed yesterday's quarterfinal matches at the World Youth Cup Asia Oceania qualifier, but it couldn't stop the Indonesian girls' brilliant run. Indonesia's first and second singles, Enny Sulistyowati and Wynne Prakusya, gave their team a 2-0 lead over Thailand and a place in the World Youth Cup finals in Essen, Germany, next September.

Two Fretilin rebels killed in armed clash with military

Two Fretilin rebels killed in armed clash with military DILI, East Timor (JP): Two members of the armed separatist group Fretilin were killed in a clash with the military in the Bobonaro district on Wednesday, the local military chief said. Col. Kiki Syahnakri said on Thursday that another rebel had surrendered and three others got away after the early morning clash in Maumela village. He did not say whether there were any casualties among the members of the Bobonaro military unit.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 p.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9:00 a.m. ; at G.K.I. Pondok Indah at 6 p.m.

Shipping reforms sought

Shipping reforms sought JAKARTA (JP): A University of Indonesia economist says the nation must reform its shipping industry and improve its transportation infrastructure in order to maintain economic growth and effectively face international trade liberalization.

'Clean culture' should start at City Hall

'Clean culture' should start at City Hall JAKARTA (JP): Ery Chajaridipura, head of the City Development Planning Agency, said yesterday that "clean culture" should start with City Hall, the center of the capital's activities. "The City Hall has to clean itself up first before encouraging the public to follow suit," Ery said on behalf of Vice Governor of Economic and Development Affair Tb. Rais at a Clean Friday Movement activity at City Hall.

No tax on knowledge

No tax on knowledge "Education is crucial to ensuring Indonesia's ability to survive in an era of international competition in the next century." There is no denying the truth of this statement made by President Soeharto in a seminar on education in Magelang, Central Java, the other day.

Soothsayer tried in Yogya

Soothsayer tried in Yogya YOGYAKARTA: Soothsayer Permadi Satrio Wiwoho was transferred from Jakarta to the Wirogunan detention house yesterday to face trial on charges of insulting Islam. Permadi, who heads the Association of Indonesian Mystics, allegedly described Prophet Muhammad as a dictator during a closed seminar at Gadjah Mada University last year.

Bintang formally kicked out of PPP

Bintang formally kicked out of PPP JAKARTA (JP): President Soeharto has officially endorsed the United Development Party's decision to withdraw its outspoken legislator, Sri Bintang Pamungkas, from the House of Representatives. Hamzah Haz, chairman of the United Development Party (PPP) faction in the House, said the President's May 8, 1995, decree endorsing Bintang's expulsion was issued on Thursday.

Spare textbooks from paper price hikes: IKAPI

Spare textbooks from paper price hikes: IKAPI JAKARTA (JP): Book publishers have urged the government to spare school textbooks from recent major hikes in the price of paper. The Association of Indonesian Book Publishers (IKAPI) said yesterday that its members which print school textbooks are having difficulties fulfilling their orders because of uncertainties in the supply and price of paper.

Five killed in flood

Five killed in flood PURWOKERTO, Central Java (JP): Major floods swept through the regencies of Grobogan, Kendal and Cilacap, killing at least five people and forcing thousands of others to flee their homes, officials said yesterday. The floods, which were triggered by two days of rain, also inundated thousands of houses and several thousand hectares of rice fields. In Kendal, flooding was triggered by burst dikes along the Kalibodri river. It disrupted land transportation in a number of areas.

Indorama's profit up 23.5%

Indorama's profit up 23.5% JAKARTA (JP): PT Indorama Synthetics, a textile maker listed on the Jakarta Stock Exchange, recorded in its statement a 23.5 percent increase in its net profit to Rp 62.2 billion (US$27.9 million) in 1994 over the previous year. The statement, made available to the press yesterday, also stated that the firm's sale revenues in 1994 rose 26.5 percent to Rp 381,5 billion.

Indosat records 64.7% increase in net income

Indosat records 64.7% increase in net income JAKARTA (JP): PT Indosat, the state-owned international telecommunications company, posted a 64.7 percent increase in its net profit to Rp 105.5 billion (US$47.5 million) in the first quarter of this year from the same period of last year. The company's president, Tjahjono Soerjodibroto, told a press conference on Thursday evening that Indosat recorded net revenues of Rp 238.8 billion during the first quarter, which indicated a 14.3 percent rise.

See it live

See it live The following sports matches will be shown on TV this weekend: Saturday Soccer Indonesian League: Mitra Surabaya v Persebaya, TVRI at 3.20 p.m. English League: Wimbledon v Nottingham Forest, SCTV at 10 p.m. Sunday Boxing Lennox Lewis v Lionel Buttler (WBC heavyweight elimination bout); Michael Moorer v Tim Puller (WBA/IBF heavyweight elimination bout), SCTV at 9 a.m. Soccer Indonesian League: PSIS Semarang v Arema Malang, ANteve at 3.30 p.m.

Companies to operate normally during strike

Companies to operate normally during strike JAKARTA (JP): The Manpower Ministry has expressed appreciation for the decision made by the boards of directors of two garment companies in Bogor to continue their operational activities amid strikes staged by their workers. "We really appreciate the decision made by the management of the factories which initially planned to stop their activities because of the strikes," Suwarto, a top official of the Manpower Ministry, told Antara yesterday.

Marcos unveils ambition, controversial past

Marcos unveils ambition, controversial past By Ed Marso MANILA (UPI): Imelda Marcos continues to be the weeping widow of late dictator Ferdinand Marcos as she battles her way to the Philippines' House of Representatives. The 65-year-old widow talks to UPI about her political ambition, her husband, and her controversial past. Following are excerpts of the interview: Q: Do you see this Congress bid as a vindication of the Marcos name? A: Oh, definitely. It's really not only a vindication.

Japan caught between two sides

Japan caught between two sides Japan finds itself walking the tightrope between the United States and the emerging markets of East Asia. Suvendrini Kakuchi of Inter Press Service reports. TOKYO: In the run-up to the second summit of Pacific Rim countries in Osaka later this year, Japan finds itself caught between its need to keep Washington happy and to woo new trading partners in East Asia.

Media boat trip to Spratlys to boost Philippine claim

Media boat trip to Spratlys to boost Philippine claim MANILA (AFP): A boatload of journalists under Philippine naval escort set sail yesterday for a Chinese-held reef in the disputed Spratly Islands, a move by Manila which has drawn strong protests from Beijing. The chartered civilian ship with 38 foreign and Filipino journalists on board was due to reach Mischief Reef in the South China Sea by early Saturday after an overnight trip from the southwestern Philippine island of Palawan.

Aid for BLK

Aid for BLK On page two of your May 11, 1995 issue, you reported that PT Freeport Indonesia has decided to end its annual aid of Rp 500 million (US$ 224,000) for the BLK vocational training program in Jayapura. The BLK program is a worthy program and PT Freeport Indonesia does not intend to end its support as stated. It is important that other Irian businesses also provide support for the school.

No poverty in ten years

No poverty in ten years KEBUMEN, Central Java: No Indonesians will live below the poverty line in 10 years, an official asserted yesterday. Deputy chairman of the state minister for development planning Mubyarto said that the state-sponsored assistance for impoverished villages will lift more than 25 million people, in 20,000 hamlets across the country, above the poverty line. Official statistic indicate that 26 million of Indonesia's population of 190 million, still live below the poverty line.

RSI sets up finance firm

RSI sets up finance firm JAKARTA (JP): Bank Risjad Salim International, a foreign exchange bank controlled by business tycoon Ibrahim Risjad, signed an agreement last night with Boram Bank of South Korea for the establishment of a multifinance firm in Indonesia. Zairyanto, president of Bank Risjad Salim International, which is known as RSI Bank, said that the new company will have a paid- up capital of US$15 million.

Cultural event at Gedung Kesenian

Cultural event at Gedung Kesenian JAKARTA (JP): Fifteen countries will participate in a cultural event here, named Jakarta International Festival '95, between May 15 and May 21. Films from Japan, France, Germany, China, Korea and Holland will be shown as part of the event, also dubbed "Jakfest '95." The official opening will take place at Gedung Kesenian in Central Jakarta on May 18. Several sites across the city will also host dance and musical performances.

East Timorese dialog historic event: Lopez

East Timorese dialog historic event: Lopez By Meidyatama Suryodiningrat JAKARTA (JP): Indonesia's East Timorese leader Lopez da Cruz was upbeat as he described the coming All Inclusive Intra-East Timor dialog as a meeting of historic proportions. The meeting is meant to reconcile adverse political factions for the first time in 20 years.

Power failure

Power failure About 600 people living in Permata Pamulang Babakan, Serpong, Tangerang were recently disappointed with the service of the state electricity company, PLN. On May 10, 1995, when the people in this complex conducted Idul Adha prayers on the field in front of Al Ithihad Mosque, the power suddenly went off. As a result, Hamdani from the State Islamic Institute Jakarta had to deliver his speech without a loud speaker.

Vietnamese refugees stranded

Vietnamese refugees stranded PALANGKARAYA, Central Kalimantan: Four Vietnamese refugees were stranded on Jelai, Kotawaringin Barat, after their boat developed engine trouble on Thursday. They were asked to leave after local authorities helped fix their boat and gave them food and medical supplies, spokesman for the Kotawaringin Barat government, Adjeman Abdullah, said. He said the Vietnamese were on their way from the refugee camps on Indonesia's Galang island to Australia.

TV today

TV today TVRI 2:35 p.m. TV Series: Force 5 Danguard Ace 3:05 Sports: Dunhill League (live) 5:00 Regional News 5:30 Science Film 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Local music 7:00 Evening News 7:30 Lemhanas 9:00 World News 9:25 Music: Dangdut 10:25 Film: Damarwulan Minakjinggo 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m. Sports 5:30 City News 6:00 Music 6:30 English News Service 7:00 Evening News 7:30 TV Series: A Town Like Alice 8:30 Music TPI 5:30 a.m.

NISP gets $19 million loan

NISP gets $19 million loan JAKARTA (JP): Bank NISP, a foreign exchange bank listed on the Jakarta Stock Exchange since last October, reported yesterday that it had generated a loan of US$19 million (Rp 42.3 billion), through the issuance of medium term notes.

Beauty contest

Beauty contest From Suara Karya We have heard much news about beauty contests being held here. I wonder in what way Indonesia can benefit from such contests. Some believe that these contests are aimed at promoting tourism, so as to increase the nation's income in terms of foreign exchange. Others say that they are used to promote certain kinds of products or services. If we are to promote tourism, it would be more successful if it were done through international exhibitions.

Iraqi VP to visit Indonesia

Iraqi VP to visit Indonesia JAKARTA (JP): Iraqi Vice-President Taha Yassin Ramadhan is scheduled to arrive here on Tuesday morning for a three-day official visit as the guest of Indonesian Vice-President Try Sutrisno. During his stay, Taha will pay a courtesy call to President Soeharto and engage in discussions with Try on a range of bilateral, regional and international issues. This is Taha's second visit to Indonesia. His first trip here was in 1992 to attend the Non-Aligned Movement Summit.

Punishment for developers urged

Punishment for developers urged JAKARTA (JP): Councilors urged the city administration yesterday to take firm action against developers building houses without building permits. Saud Rachman, member of the Council's Commission D in charge of development affairs, told reporters that the city administration should demolish such houses. "The regulation says that the city administration will demolish any house built without a building permits.

National junior boxing c'ships claim local fighter's life

National junior boxing c'ships claim local fighter's life JAKARTA (JP): Local boxer Akbar Maulana died yesterday after struggling for survival in intensive care at the UKI hospital, East Jakarta for 10 hours following surgery to remove a blood clot from his brain. Akbar, 23, a native of Kediri, East Java was the ninth fatality in Indonesian boxing history since 1959.

Brunei's business climate real slow

Brunei's business climate real slow By Bill Tarrant BANDAR SERI BEGAWAN, Brunei (Reuter): Business is slow, real slow, at Brunei's over-the-counter stock exchange. The one listed stock hasn't budged all morning. Nobody has bought or sold any shares. Things were different last July when the Islamic Bank of Brunei (IBB) offered the public 14 million shares in the country's largest financial institution through its newly launched securities subsidiary.

Air Supply to perform here

Air Supply to perform here JAKARTA (JP): The Australian duo Air Supply will perform in Jakarta for the third time at the Plenary Hall, Jakarta Hilton Convention Center, on June 10. The one-day concert is being jointly organized by Adhithama Enterprise, PT Isti Asri Pratama and the Permata Sari Foundation. The duo, Graham Russell and Russell Hitchcock, performed here last April at Hard Rock Cafe to raise funds for the Ragunan Zoo Foundation.

ASEAN worried about strong yen

ASEAN worried about strong yen VANCOUVER (Reuter): ASEAN foreign ministers urged Canada on Thursday to voice concern about the dollar's recent slide against the yen at next month's Group of Seven summit. Canadian Foreign Minister Andre Ouellet hosted his counterparts from the six-nation Association of Southeast Asian Nations (ASEAN) for three days of consultations.

University closed to politics

University closed to politics SEMARANG, Central Java: Rector of Diponegoro University, Muladi, said yesterday that students active in politics should dare to take risks and shouldn't use the campus as a "hiding place". "I will prohibit any students from using Diponegoro University as the arena for their political activities," Muladi was quoted by Antara as saying. The university has banned political activities because students have used the campus as a "hiding place".

Job training program in Japan pays off

Job training program in Japan pays off JAKARTA (JP): The industrial apprenticeship program for young Indonesians in Japan is paying dividends, not only for Indonesia but also for the Japanese companies, it was disclosed yesterday. Minister of Manpower Abdul Latief yesterday met with 124 Indonesians, who recently returned from Japan after completing their two-year apprenticeships, at his office to review the program.