Indonesian Political, Business & Finance News

Archive: 12 June 1995

38 articles found

Stricter law on golf courses urged

Stricter law on golf courses urged MANILA (Reuter): A Philippine senator said yesterday he would ask Congress to pass a new law calling for stricter regulation of golf courses to lessen damage on the environment. Ernesto Herrera, vice-chairman of the Senate committee on environment, said the proposed legislation would require all golf course developers to secure an environmental clearance certificate from the government.

Librarians

Librarians From Suara Karya A fundamental change in librarians' mentalities is needed to improve the image of libraries, which are regarded as conservative and rather slow in accepting change. This statement was made by Prabowo Tjitropranoto, head of Central Library of Agriculture and Communication Research of the Agriculture Department, in his oration during his induction as principal librarian in Jakarta on May 17, 1995.

Police arrest two swindlers

Police arrest two swindlers BANYUMAS, Central Java: Police arrested two men on charges of embezzling hundreds of millions of rupiah from job seekers, to whom they had promised well-paid jobs in neighboring Malaysia. The suspects, Suyono, 50, and Abraham Budi, 45, claim they are directors of a labor supply firm and had asked each job seeker to pay Rp 350,000 (US$156) for the arrangement of travel documents. Chief of the Banyumas police precinct, Lt. Col.

City eyes convention business

City eyes convention business JAKARTA (JP): The city administration will continue the aggressive promotion of tourism linked to the convention business, an official of the City Tourism Office says. Fauzi Bowo, head of the office, told reporters over the weekend that the promotion is being conducted in line with the upward trend in convention organization. Through the promotion, more foreign tourists are expected to take part in the mushrooming international exhibitions held in the city, he said.

NU promises to defend Presiden Soeharto

NU promises to defend Presiden Soeharto KENDAL, Central Java (JP): The Nahdlatul Ulama (NU), Indonesia's largest Moslem organization, has reiterated its promise to defend President Soeharto against any attempt to unseat him by unconstitutional means. Abdurrahman Wahid, the controversial chairman of the NU, who is often critical of the government's policies, reasserted his commitment at a gathering of hundreds of the organization's members on Saturday.

Back in business in the heart of Asia

Back in business in the heart of Asia By President Fidel V. Ramos As we begin another year, we stand on new ground of confidence in ourselves and hope for the future. We can see what is within our capacity to attain higher growth in the economy, further empowerment of our people through jobs and livelihood, the spread of peace and prosperity throughout our land and the vigorous growth of our commerce, as well as rapport with the world.

'Civil servants need military mentality'

'Civil servants need military mentality' JAKARTA (JP): Indonesia's civil servants need to acquire a new, more disciplined mentality if they are to cope with the growing challenges confronting them, according to a senior official of the home affairs ministry. Secretary-General Suryatna Subrata said all government workers, from the lowest to the highest levels, should adopt some of the positive attitudes found in the military, such as discipline, loyalty and willingness to make sacrifices.

China returns to satellite business

China returns to satellite business BEIJING (AFP): China has bounced back from its latest satellite launch disaster, winning two fresh contracts to send communications satellites into orbit for U.S. and Philippine companies. The first launch will take place in late 1996, with a Long March 3C rocket carrying a U.S.-built satellite owned by Mabuhay Philippines Satellite Corp., the China Daily reported Saturday.

Cahaya Sakti to increase production

Cahaya Sakti to increase production JAKARTA (JP): PT Cahaya Sakti Furintraco, which claims to control 60 percent of the panel furniture market in Indonesia with its Olympic brand, plans to expand its manufacturing capacity by up to threefold. The company's president, Au Bintoro, told journalists on Saturday that his company's 15-hectare production facilities in Bogor, south of here, could no longer accommodate the growing demand.

Stock Exchange

Stock Exchange As of June 9, 1995 --------------------------------------------------------------------------------------------------------------- Company Name Price Previous Change Volume Value Market PER P/BV week Cap. 1995F FY94 (Rp) (Rp) (+/-Rp) (shares) (Rp) (Rpbn) (x) (x) --------------------------------------------------------------------------------------------------------------- Ades Alfindo PS ''' 2,100 2,200 -100 7,500 18,675,000 79.8 11.2 1.0 AHAP Ins.

'Pollution caused by ignorance'

'Pollution caused by ignorance' JAKARTA (JP): The top managers of many manufacturing companies are either ignorant or misinformed about the pollution that their plants are emitting, according to State Minister of Environment Sarwono Kusumaatmadja. "Top managers are often the last to know that their company causes excessive pollution because the only information they receive are nice, pleasing reports from subordinates seeking to win praise," Sarwono told reporters on Saturday.

KONI needs the best for Games

KONI needs the best for Games JAKARTA (JP): Chairman of the Indonesian National Sports Council (KONI) Wismoyo Arismunandar warned all sport officials on Saturday against giving false reports on the athletes being groomed for the 17th Southeast Asian Games in December. "Don't try to cheat me just because you want your athletes to don the national colors at the SEA Games," Wismoyo said while installing the new leadership board of the Indonesian Squash Association on Saturday.

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, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m. to 11 p.m. - Ambassador Lounge: Boece & Ayu (pianist and singer), Tuesday to Saturday, from 8 p.m. to 12:30 a.m. Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.

Dubbing of Indian films

Dubbing of Indian films From Neraca I am beginning to like Indian films, particularly those aired by TPI. Also SCTV occasionally shows Indian films. But I have to express my dissatisfaction at all the Indian films being dubbed in Bahasa Indonesia. They are no longer attractive. Therefore I would like to suggest that the films are shown in their original language with Indonesian subtitles. I also would like to ask SCTV not to air Indian films on the same day as TPI. MARTINI Jakarta

City contractors' pre-qualification

City contractors' pre-qualification JAKARTA (JP): The city administration has invited small-scale contractors to join the pre-qualification process to handle city projects. Chairman of the Pre-qualification Team Harun Al Rasyid said over the weekend that the registration will be closed on July 31. He said that registration forms can be obtained for Rp 25,000 (US$11) at city revenue offices in the five mayoralties.

Malaysia denies breaching embargo

Malaysia denies breaching embargo KUALA LUMPUR (AFP): Malaysia denied yesterday it had broken the UN arms embargo on Bosnia-Herzegovina, following accusations by U.S. presidential challenger Robert Dole that Kuala Lumpur had supplied weapons to Bosnian Moslems. "Malaysia denies the allegations that this country has decided to ignore the (UN) embargo by giving arms aid to Bosnia," Foreign Minister Abdullah Badawi was quoted saying by the Bernama news agency. Dole, the U.S.

Muhammadiyah tries to avoid politics

Muhammadiyah tries to avoid politics JAKARTA (JP): Barely a month away from its 43rd congress, Muhammadiyah, Indonesia's reformist Moslem organization, is already having to deflect attempts to drag it into politics. Leaders of the 83-year old organization passionately vowed yesterday to withstand "external pressures" and elements of any political organization wishing to intrude upon its July congress in Banda Aceh.

Self confidence vital over E. Timor

Self confidence vital over E. Timor JAKARTA (JP): A feeling of self-confidence is essential for Indonesia in dealing with critics of Jakarta's policy on East Timor, a prominent political scientist said on Saturday. "If we have self-confidence, we will not object to being scrutinized," said Juwono Sudarsono, the vice chairman of the National Resiliency Institute and former dean of the University of Indonesia's faculty of social and political sciences.

Succession -- a time bomb?

Succession -- a time bomb? By Hendardi JAKARTA (JP): Presidential succession became a public debate last month after Admiral Sudomo, the chairman of the Supreme Advisory Council, said that President Soeharto has always wanted a civilian vice president. The wish is also shared by a number of people, including Gen. Soemitro, former chief of the powerful Kopkamtib security agency, and noted sociologist, Arief Budiman.

Weekly Stock Exchange Review

Weekly Stock Exchange Review JAKARTA (JP): Having been overbought over the previous few weeks, the market finally ran out of steam as share prices plunged across the board last week. The JSX Composite Index failed to break the psychological level of 500, closing at 491.75, down 1.67 points (0.34 percent) from the preceding week's close of 493.42. The market was dragged down by the fall in the regional bourses and lack of fresh sentiment.

Campaign on law and order

Campaign on law and order JAKARTA (JP): City Police Chief Maj. Gen. Dibyo Widodo is scheduled to launch a community law and order campaign at the North Jakarta police office on Wednesday. "About 5,000 personnel from various institutions and agencies will participate in the campaign in the area," North Jakarta Police Chief Lt. Col. Edi Darnadi said over the weekend. The campaign is designed to invite the public to play a greater role in law and order activities. (bsr)

Military tells NGOs to be more active

Military tells NGOs to be more active JAKARTA (JP): Jakarta Military Commander Maj. Gen. Wiranto urged activists of non-governmental organizations (NGOs) on Saturday to continue improving their roles as mediators between the government and people's interests.

Japanese firm to invest billions in tollway project

Japanese firm to invest billions in tollway project JAKARTA (JP): Mitsui Corporation of Japan, the world's biggest trading company, is preparing a fund of Rp 18 trillion (US$8.1 billion) to built 19 tollway segments in Java and Sumatra totaling 770 kilometers in length, an Indonesian executive said. "Among 94 bidders, Mitsui is the only contender prepared to build all 19 segments," said the chief of the legal bureau of PT Jasa Marga, Yunial Harun, as quoted by Antara Friday night.

Official sees problems in launching ID number plan

Official sees problems in launching ID number plan JAKARTA (JP): The implementation of the city administration's program to give every Jakartan an identification number will likely be hindered by various problems, including the coordination of related offices, an official says.

RI's foreign policy priorities: Regional or global?

RI's foreign policy priorities: Regional or global? JAKARTA (JP): Where should Indonesia's foreign policy priorities lie? With the region or with the world? International relations experts said on Saturday that Indonesia must maintain a comprehensive approach in its foreign policy, by engaging in the activities of both regional and global organizations with equal intensity. "In a world that is increasingly more global...

Japan's apology

Japan's apology We are glad that in the end Japan has felt it proper to extent an apology to other Asian countries. This kind of attitude deserves commendation. The question at present, however, is whether such an apology is of such importance for the building of closer relations between Japan and other countries of Asia.

TV today

TV today TVRI 2:30 p.m. TV Series: Voltron 3:05 Riang Ria 3:30 TV Series: The Crystal Maze 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Technology Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Foreign Affairs report 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Santa Barbara 9:00 World News 9:25 Music 10:25 Film: The Snow of Kalimanjoro 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Market stumps govt

Market stumps govt The Indonesian government has often admitted to being flabbergasted by the market because what it reckons is often quite different from what the market forces say. The industry ministry conceded last week that it could not understand and even felt confused by the complaints about a shortage of newsprint. The government was also painfully surprised by the totally unexpected shortage of cement in the second half of last year and of cooking oil in the first quarter of this year.

Prestige plays key role in food choices

Prestige plays key role in food choices JAKARTA (JP): People's choices about food have to do with prestige as well as traditional beliefs, experts said on Saturday in a seminar that sought to understand why local food was losing out to foreign cuisine. If Indonesia wanted to encourage people to consume "healthy" local food, they said, there would have to be research on public eating habits. The experts -- anthropologists Meutia F.

Panin plans rights issue

Panin plans rights issue JAKARTA (JP); Panin Bank, a publicly listed private bank, plans to issue 60.18 million rights shares, each with a face value of Rp 1,000 (44 U.S. cents), a bank executive said. Roosniaty Salihin, a director of the bank, told reporters after the bank's extraordinary shareholder meeting over the weekend that every four existing shares will be eligible to buy one new share at Rp 1.900.

Salt water enters Semarang

Salt water enters Semarang SEMARANG, Central Java: Loss of mangroves, rampant sand quarrying and excessive ground water exploitation have caused sea water to intrude deep into the capital city, an academic said on Saturday. "In some areas near the coast, the ground water is too salty to consume," head of the Center for Environmental Research at the University of Diponegoro, Sudharto P. Hadi, said.

Bad traffic around Karawaci

Bad traffic around Karawaci TANGERANG (JP): The ongoing massive road and building construction at the Lippo Karawaci (previously called Lippo Village) mega project has led to daily traffic congestion around the area over the past few days. Hundreds of trucks transporting sand and rocks have hindered the traffic flow, particularly on Jl. Kelapa Dua Raya heading to Jl. Bojong Nangka Raya. Traffic police are rarely seen managing traffic at the scene.

Bapepam allows issuance of warrant instruments

Bapepam allows issuance of warrant instruments JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) finally gave its assent, over the weekend, to the issuance of warrant instruments on the domestic capital market. Bacelius Ruru, the head of the capital market watchdog, said that the long-awaited regulations on the sale of warrants would be enforced to ensure certainty in warrant trading.

Thailand, Vietnam hold talks

Thailand, Vietnam hold talks HANOI (Reuter): Vietnam and Thailand, involved in a recent naval clash over fishing rights in the Gulf of Thailand, have made progress on delimiting boundaries in the area and an agreement is within sight, Vietnam says. Officials held five days of talks this week in Ho Chi Minh City about the two countries' overlapping continental shelves, the official Vietnam News Agency (VNA) reported on Saturday night.

Debate on rugby

Debate on rugby My congratulations to Mr. Farid Baskoro for his letter (The Jakarta Post,June 7, 1995). After Mr. Baskoro's letter, The Jakarta Post will be obliged to face the hard reaction from active readers. It is the price of being an open-minded and courageous newspaper. Do not worry Mr. Baskoro, most readers will not be bored reading a debate on rugby.

Bekasi murder still unsolved

Bekasi murder still unsolved JAKARTA (JP): After six weeks of investigating, police are seeing a glimmer of light at the end of tunnel in the brutal killing of a married woman in Bekasi. City police spokesman Lt. Col. Bambang Haryoko told The Jakarta Post over the weekend that local police have come up with a lead in their efforts to discover the killer of Sri Wahyuningsih, 29. The housewife, known as Yuni, was strangled to death with a cloth found wrapped around her neck.

Woman sought over nude photos

Woman sought over nude photos JAKARTA (JP): Malaysian police are looking for a young Indonesian woman believed to be a member of a prostitution racket, after they found explicit photographs of her engaging in sexual acts. Antara, in a dispatch from Kuala Lumpur, said the wanted woman was 24 years old and hailed from Lampung. She reportedly went to Malaysia last November to work as a domestic servant for a Malaysian family in Ipoh in the state of Perak.

Solving PDI row

Solving PDI row From Forum Keadilan I am writing this letter out of frustration about the continuous difficulties befalling the Indonesian Democratic Party (PDI) in East Java. I note that the two men who have the authority to do something about it, the home affairs minister and the East Java governor, are not serious in finding a solution to the party's hubbub. Prolonging the festering bickering inside the party is analogous to cheating the people.