Indonesian Political, Business & Finance News

Archive: 24 May 1995

46 articles found

Be good citizens

Be good citizens From Suara Karya The 50th anniversary of our country's independence is fast approaching. After 50 years of independence Indonesia should be mature enough. In the course of its history, the country has been tarnished by a number of wrongdoings such as corruption, manipulation, and...

German MPs probing RI's human rights record

German MPs probing RI's human rights record JAKARTA (JP): Two members of the German parliament are currently engaged in a fact-finding mission regarding the human rights situation in Indonesia which will include a visit to East Timor.

Analysts at odds about ABRI seats and democracy

Analysts at odds about ABRI seats and democracy By Santi WE Soekanto JAKARTA (JP): As the House of Representatives deliberates on a bill to reduce the number of military appointees serving in the legislative body, political analysts are at odds on the significance of the move towards democracy. J.

Megawati urged to meet with E. Java branches

Megawati urged to meet with E. Java branches JAKARTA (JP): East Java Governor Basofi Soedirman urged yesterday Megawati Soekarnoputri, the chairperson of the Indonesian Democratic Party, to meet with leaders of the party's branches in his province to resolve their conflict once and for all.

U.S. veto

U.S. veto The world was shocked by the U.S. decision to veto a UN Security Council resolution on Israel's land confiscation in Arab East Jerusalem. The vetoed resolution was sponsored by six of the Council's non-aligned members: Indonesia, Botswana, Honduras, Nigeria, Oman and Rwanda, and supported...

Protesters target Embassy of India

Protesters target Embassy of India JAKARTA (JP): Some 60 Moslem students staged a protest outside the Indian embassy yesterday, denouncing the country's stance on the disputed-land of Kashmir Valley. Calling themselves the Communication Forum for Moslem Youths, the students condemned the recent...

RI team nervous about against S. Korea

RI team nervous about against S. Korea JAKARTA (JP): Indonesia faces another ordeal and needs extra work to settle its nerves against South Korea in the 1996 Olympic Games qualifying round match at the Senayan stadium tomorrow.

Bakrie to install lines in Vietnam and India

Bakrie to install lines in Vietnam and India JAKARTA (JP): PT Bakrie & Brothers, the holding company of the Bakrie Group's non-financial subsidiaries, will team up with PTT Nederland to install and market telecommunication facilities in Vietnam and India.

Manila mulls another media tour

Manila mulls another media tour MANILA (Reuter): The Philippines said yesterday it may allow a second media tour of the disputed Spratly islands despite warnings by China the first was a provocation that should not be repeated.

Govt lowers tariffs on over 6,000 items

Govt lowers tariffs on over 6,000 items JAKARTA (JP): The government introduced a new deregulation package yesterday, cutting tariffs on 6,030 items and opening up 10 previously restricted business sectors.

United Tractors' profit up

United Tractors' profit up JAKARTA (JP): PT United Tractors, the heavy machinery subsidiary of PT Astra International, reported yesterday a 28.90 percent increase in its net profits to Rp 46.04 billion (US$20.7 million) in 1994 from Rp 35.72 billion in 1993.

Deregulation welcomed, but criticisms persist

Deregulation welcomed, but criticisms persist JAKARTA (JP): Several analysts and politicians welcomed yesterday's deregulation package, although they lamented its lack of solutions to various distortions caused by monopolistic practices in the Indonesian economy.

Electricity bill

Electricity bill From Merdeka I pay my electricity bill regularly. But the April 1995 bill was double that of the previous months, although the power usage was relatively the same. I hope that the staff of the state electricity company recheck the meter.

Pusan wins Asiad proposal amid Taiwan protest

Pusan wins Asiad proposal amid Taiwan protest SEOUL (Reuter): The Olympic Council of Asia (OCA) yesterday awarded the 2002 Asian Games to the South Korean port city of Pusan amid protests by Taiwan about voting procedures.

City to get 1,994 new employees

City to get 1,994 new employees JAKARTA (JP): The Ministry of Home Affairs is allowing the municipal administration to employ all 1,994 applicants, who passed the civil servant examination two years ago.

Telkom appoints Morgan Stanley to advise on float

Telkom appoints Morgan Stanley to advise on float JAKARTA (JP): State-owned PT Telekomunikasi Indonesia (Telkom) has appointed Morgan Stanley of the United States as its financial advisor to support its plan to float shares on the New York, London and Jakarta stock exchanges by the end of this year.

American duplicity

American duplicity Thousands of demonstrators gathered Monday in front of the U.S. embassy in Jakarta. This largest-ever demonstration held against this superpower's mission came after Washington vetoed a UN Security Council resolution opposing the expansion of Jewish settlements in eastern...

Govt lifts 10 industries off negative investment list

Govt lifts 10 industries off negative investment list JAKARTA (JP): The deregulation package issued yesterday will significantly relax investment requirements in Indonesia, as illustrated by the opening up of 10 industries previously classified on the "negative investment" list.

Let people decide on nuclear plants: Environmentalists

Let people decide on nuclear plants: Environmentalists JAKARTA (JP): Environmentalists pressed their demand yesterday that the government let the public decide whether Indonesia should or should not build nuclear reactors.

Clipan to pay dividends

Clipan to pay dividends JAKARTA (JP): PT Clipan Finance Indonesia, a publicly-listed multifinance company, announced here yesterday that its shareholders had approved the distribution of 1994 dividends of Rp 150 each and a bonus share for every two existing shares.

Holiday

Holiday In observance of the Ascension Day of Jesus Christ, The Jakarta Post will not be published tomorrow. The Post will appear again on Friday. -- Publisher

Heroic songs

Heroic songs From Media Indonesia I am having difficulty obtaining such heroic songs as Maju Tak Gentar (Fearless Advance), Halo-Halo Bandung (Hi, heroic city of Bandung), Padamu Negeri (Dedication to You, Country!) etc. I have visited all music shops, but have failed to find any of them.

Asia needs $140b for telecoms sector

Asia needs $140b for telecoms sector BANGKOK (AFP): Asian nations will soon be able to tap a wide range of financial sources for telecommunications projects, which will require US$140 billion in six countries alone through to 2000, an expert said yesterday.

Military launches discipline campaign

Military launches discipline campaign JAKARTA (JP): Since President Soeharto launched National Discipline Movement campaign on May 22, the City Military District Command and other related agencies have deployed 2,000 personnel to seven areas in Greater Jakarta.

Death row convicts not forgotten

Death row convicts not forgotten SEMARANG, Central Java: A group of lawyers will leave for Malaysia today to seek first-hand information on five Indonesian workers on death row in the neighboring country.

'Living in sin' is expensive

'Living in sin' is expensive PEKANBARU, Riau (JP): Officials of the Pebanaan village in Indragiri Hilir in Riau province will enforce a rule requiring all unmarried couples to pay a fine of Rp 50,000 if the woman gets pregnant.

TV today

TV today TVRI 2:35 a.m. TV Series: Incredible Book Escape 3:05 Youth Program 3:30 Science Program 4:05 Among Us 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Science Program 7:00 Evening News 7:30 Music 8:05 Spektrum...

RI names team for Far East Bridge

RI names team for Far East Bridge JAKARTA (JP): A blend of both seasoned and junior players will make up the Indonesian team for the Far East Bridge Championships in Perth next week. Veteran pairs Denny Sakul/Franky Kawur, Munawar Sawiruddin/Bert Toar Polii and Henky Lasut/Eddy Manoppo will form...

Spotlight

Spotlight Photo A: Wedding JP/27 HAPPY OCCASION: Prominent scholar Franz Magnis-Suseno (wearing batik shirt) congratulates former minister Cosmas Batubara and his wife on the wedding of their son, Dewata Mangatur Batubara, to Hana Eureka Prasetyani at the Puri Agung Sahid Jaya Hotel on May 16.

Wet markets discussed

Wet markets discussed JAKARTA (JP): In commemoration of this year's golden anniversary of Indonesian independence, the Indonesian Economists Association will hold a discussion and writing competition on traditional, or wet, markets the association announced yesterday.

Power concentrated in bureaucracy: Professor

Power concentrated in bureaucracy: Professor JAKARTA (JP): Political power in Indonesia is too concentrated in the hands of the bureaucracy and this has been one of the sources of problems in the country, an economic professor said yesterday.

No request yet to ban La Toya Jackson shows

No request yet to ban La Toya Jackson shows JAKARTA (JP): The Immigration Office has not received any formal request to ban a visit by American singer La Toya Jackson. "Although many quarters have raised objections to her planned performances, we have yet to receive any official requests to ban the...

Beware of false fund-raisers: Harun Al Rasyid

Beware of false fund-raisers: Harun Al Rasyid JAKARTA (JP): Chairman of the city's anniversary organizing committee, Harun Al Rasyid, has warned the public, particularly company owners, to be wary of people asking for donations.

Myriad of AIDS teams

Myriad of AIDS teams From Kompas Indonesian society (including NGOs) has done much to check the advance of Acquired Immune Deficiency Syndrome (AIDS). Information has been imparted to people, including those who have been affected by the disease.

Discipline movement must succeed: Surjadi

Discipline movement must succeed: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja stressed yesterday that the National Discipline Movement drive in Jakarta cannot afford to meet with failure. "If would be terrible if the campaign in Jakarta failed," Surjadi said during a coffee break with several...

Significance of May 23 deregulation

Significance of May 23 deregulation The government introduced yesterday a new deregulation package. Noted economist Hadi Soesastro takes a close look at this. JAKARTA (JP): The May 23 deregulation package has five main components.

Two new officials in Pejambon

Two new officials in Pejambon JAKARTA (JP): Minister of Foreign Affairs Ali Alatas installed yesterday two new top officials of his office on Jl. Pejambon: Abdul Irsan became Secretary-General and Dadang Sukandar became Director General of Protocol and Consular Affairs.

E-mail challenges the 'sowan' tradition of Javanese people

E-mail challenges the 'sowan' tradition of Javanese people By Mochtar Buchori JAKARTA (JP): Sowan is a Javanese word for a face-to-face encounter with another person from a higher level of the social hierarchy.

Woodies shoot to top place

Woodies shoot to top place JAKARTA (JP): Australia's strong tandem of Todd Woodbridge and Mark Woodforde earned a confidence-booster ahead of their French Open tennis championships when they won their third straight title to lead the ATP Tour world doubles rankings over the weekend.

Compact disc pirates arrested

Compact disc pirates arrested JAKARTA (JP): City police arrested 14 suspects yesterday and confiscated thousands of compact discs in their operation to crack down on copyright violators. Nearly 2,250 audio compact discs, 87 CD-ROMs (compact discs - read only memory), 10 CD-Is (interactive compact...

Govt tighten management of coastal environment

Govt tighten management of coastal environment JAKARTA (JP): The government has launched a project to improve the management of the coastal areas in order to better tap the natural resources without harming the environment.

No stock table

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

Asian central bankers to discuss forex fund

Asian central bankers to discuss forex fund MANILA (Reuter): Central bankers from several Asia-Pacific nations will discuss the possibility of setting up a foreign exchange stabilization fund in a meeting in Manila starting today, a Philippine Central Bank official said.

Answer to traffic chaos

Answer to traffic chaos In his letter Traffic chaos (May 22, 1995), Mr Soelaiman Nilam is quite right to say that a lack of driver discipline is the prime cause of traffic chaos. The answer to indiscipline at busy intersections (disregard of the traffic lights, etc.

Mal Citraland name inaugurated

Mal Citraland name inaugurated JAKARTA (JP): West Jakarta Mayor Suterdjianto has inaugurated the use of "Mal Citraland" for the complex previously known as "Citraland Mall". The ceremony marking the name-change was held in the mall complex in West Jakarta on Monday.

Generals graduate from Open University

Generals graduate from Open University JAKARTA (JP): Two military commanders and one governor were among 1,500 students, including 181 military members, who officially graduated yesterday at the campus of the Open University in Pondok Cabe, Ciputat. One of them, Jakarta Military Commander Maj. Gen.