Indonesian Political, Business & Finance News

Archive: 19 June 1995

41 articles found

Chili's restaurant starts operating

Chili's restaurant starts operating JAKARTA (JP): Chili's, a restaurant which offers a combination of Texas-Mexican taste, on the second floor of the Sarinah Building on Jl. Thamrin, Central Jakarta, has started operating. The restaurant was officially opened by Minister of Tourism, Post and Telecommunication Joop Ave and Minister of Trade Satrio B. Joedono on Friday.

Permadi's trial begins this month

Permadi's trial begins this month JAKARTA (JP): The trial of controversial mystic Permadi Satrio Wiwoho, accused of insulting Islam, will begin in Sleman, Yogyakarta, at the end of this month, says one of his lawyers. "The head of the Sleman District Court told me yesterday that Permadi's trial would begin at the end of this month," Ramdlon Naning, one of Permadi's lawyers, told The Jakarta Post by phone on Saturday.

Anchored in paperwork

Anchored in paperwork The recent wave of complaints about the long demurrage time and high handling costs at Jakarta's Tanjung Priok seaport, the country's largest ocean gateway, should cause great concern for an obvious reason. Seaports play a very crucial role in determining the competitive edge of our products because most export merchandise and imports of industrial materials and capital goods flow through the ports.

Neighbors want end to RI 'fiscal' tax

Neighbors want end to RI 'fiscal' tax JAKARTA (JP): Three Indonesian neighbors, led by Malaysia, are urging Jakarta to abolish the tax it imposes on its citizens who leave the country, known as the "fiscal" tax, saying that it is hampering the growth of regional cooperation. The call was made during a meeting last Friday in Kuching, East Malaysia, of senior officials from Indonesia, Malaysia, Brunei and the Philippines grouped in the East ASEAN Growth Area, Antara reported.

Dutch mission due here

Dutch mission due here JAKARTA (JP): A business delegation from the Netherlands, consisting of small- and medium-scale entrepreneurs, will begin a week-long visit today to look for trade and investment cooperation with Indonesian partners, an executive said. During their stay in Indonesia, the delegation's members, who come from the Overijsel province, will have individual meetings with Indonesian partners and meet with government officials, A. S.

'No politics at Sukarno's anniversary'

'No politics at Sukarno's anniversary' JAKARTA (JP): The authorities have imposed a ban on political activities during tomorrow's commemoration of the 25th anniversary of the death of Indonesia's first president, Sukarno. East Java Governor Basofi Sudirman said in Surabaya yesterday that anyone may attend and that speeches could be made at the commemoration ceremony but that no "politicking" would be tolerated.

Workplace health needs attention, councilor says

Workplace health needs attention, councilor says JAKARTA (JP): A city councilor wants the municipal administration to make a new regulation on industrial workplace health conditions in the capital. "It is time now to issue a regulation because the existing regulation does not cover industrial health conditions," H. Ronggo S. Thahir, deputy chairman of the Council's Commission E in charge of public welfare affairs, said over the weekend.

Stocks lower on mixed sentiment

Stocks lower on mixed sentiment JAKARTA (JP): Shares on the Jakarta Stock Exchange (JSX) continued to trade within a narrow range last week, given the prevailing mixed sentiment. The JSX Composite Index closed the week at 486.71, down 5.04 points (1.02 percent) from the week's opening of 491.75. The market lacked fresh incentives as the regional bourses remained in the doldrums last week. A pick-up in Wall Street on further indications of an economic slowdown in the U.S.

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.

KL won't stop rise of ringgit

KL won't stop rise of ringgit KUALA LUMPUR (AFP): Malaysia's central Bank Negara would not stop the ringgit's current bullishness in the open market unless the situation warranted its intervention, deputy finance minister Wong See Wah said Saturday. "It has always been the central bank's policy to let the ringgit dictate its own movement against major currencies, especially the U.S. dollar, by floating it in the open market," Wong was reported saying by Bernama news agency.

Time for the South to have greater say in the world

Time for the South to have greater say in the world The passion for democracy inside nations of the South must be matched in international organizations, specifically in the United Nations and the Bretton Woods institutions, says former Commonwealth Secretary Sir Sridath Ramphal in this exclusive column for Inter Press Service.

Governor Surjadi tougher on foreign names

Governor Surjadi tougher on foreign names JAKARTA (JP): Governor Surjadi Soedirdja is threatening to stop permit processing services by August for office buildings, commercial centers and housing complexes which continue to use foreign names. The governor said over the weekend that he will ask municipality officials not to process the permits or to clear recommendations for applicants who fail to obey the regulation requiring the use of the Indonesian language.

Danamon pays dividends

Danamon pays dividends JAKARTA (JP): The publicly-listed Bank Danamon will distribute a cash dividend of Rp 80 (3.6 U.S. cents) per share for its 1994 book year. The bank said, in a statement, that the dividend payout plan was endorsed by the bank's shareholders in an annual meeting on Friday. It said that in 1994, the bank's after-tax profit doubled to Rp 97 billion from Rp 48 billion in the previous year.

A step forward

A step forward Our national political life has gone a step forward with the adoption of a draft law concerning the composition of the House of Representatives and People's Consultative Assembly (DPR/MPR) in a plenary House session last Thursday. The gist of the draft bill involves the number of elected members in the House of Representatives, which is expanded from 400 to 425. At the same time the number of members appointed from among the Armed Forces (ABRI) is reduced from 100 to 75.

Govt role needed in economic deregulation

Govt role needed in economic deregulation JAKARTA (JP): The process of economic liberalization in developing countries needs their governments' roles through economic planning to ensure that it will run well, without instigating destabilization, economist Dorodjatun Kuntjoro-Jakti says.

Academy graduates 122 police cadets

Academy graduates 122 police cadets JAKARTA (JP): The Jakarta Police Academy graduated 122 students in a ceremony attended by National Police Chief Gen. Banurusman Astrosemito in Kebayoran Baru, South Jakarta, on Saturday. In his speech, Gen. Banurusman urged the administrators of the Police Academy to improve professionalism, to anticipate the increasing number of crimes.

Knowing the modem, your passport to Cyberspace

Knowing the modem, your passport to Cyberspace By Zatni Arbi JAKARTA (JP): Over the last year or more, hardly a single day has passed on which I have not come across an article about the Internet. People write and talk about the Internet everywhere, in magazines, in newspapers, on TV and radio talk shows, in seminars, at computer exhibitions, you name it. Recently, the United States Information Service in Jakarta and the American Cultural Center held a live WorldNet interview on the Internet.

Bekasi farmers feel the pinch of rapid change

Bekasi farmers feel the pinch of rapid change BEKASI (JP): Located in the outskirts of the nation's capital, this rapidly expanding town has become a favorite site for property development projects, ranging from housing to industrial complexes. The fierce competition among developers has led to the taking over of land belonging to local people without provision of adequate compensation.

Quake destroys hundreds of houses in Flores

Quake destroys hundreds of houses in Flores JAKARTA (JP): An earthquake measuring 5.2 on the open-ended Richter scale destroyed several hundred houses and injured at least one person in eastern Flores, East Nusa Tenggara, on Saturday. An official at the local office of Meteorology and Geophysics, Ahmad Lani, told Antara that the epicenter of the quake that occurred at 9.40 local time was 33 kilometers under the Flores Sea, about 15 kilometers north of Larantuka.

TV today

TV today TVRI 2:35 p.m. TV Series: Voltron 3:05 Entertainment 3:30 TV Series: The Crystal Maze 4:30 Quiz Cepat Tepat 5:00 Regional News 5:30 Wayang Appreciation 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Teachings: Budha 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Santa Barbara 9:00 World News 9:30 Music 10:25 Film: Antonio 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Traditional puppet show

Traditional puppet show The other day I had a chance to see a real wayang kulit (leather puppet) performance, which I had longed to see even before I came to this country. On the Sunday morning my husband and I got to the Musium Wayang on Jl. Pintu Besar Utara and asked the price of the ticket. I could hardly believe the answer. I wondered if I had misheard the Bahasa Indonesia, and asked again to make sure of the price. The same answer: Rp 250. I was correct. Only Rp 250 per person.

Political observer accused of slander

Political observer accused of slander JAKARTA (JP): Several leaders of the Muhammadiyah Moslem socio-educational organization have accused a prominent political observer of slander and of attempting to cause disunity within their ranks. Muhammadiyah Secretary Rusjdi Hamka and Deputy Chairman H.S. Prodjokusumo have lashed out at Afan Gaffar, a political observer at Yogyakarta's Gadjah Mada University for his analysis of the organization's leaders which, they say, are without foundation.

A president from the legislature: Soemitro's dream

A president from the legislature: Soemitro's dream JAKARTA (JP): Retired General Soemitro has again added fuel to the succession debate, saying he would like to see the next Indonesian president come from the ranks of the House of Representatives. "My own personal dream is to see, as the next president, someone who has served in the House," said the former commander of the powerful Internal Security Agency.

No permit for 'trouble makers'

No permit for 'trouble makers' BANDAR LAMPUNG, Lampung: Local military chief Col. S.N. Suwisma vowed on Saturday to ban from entering the province anyone whose presence the authorities believed could disrupt stability. "There is no way we can allow in someone who could threaten stability," he said when addressing a meeting between Director for Buddhists Budi Setiawan and local Buddhist leaders.

KL keen on buying IPTN shares: Report

KL keen on buying IPTN shares: Report JAKARTA (JP): Malaysian Prime Minister Mahathir Mohamad has expressed his government's intention to buy shares in PT Industri Pesawat Terbang Nusantara, Indonesia's state-owned light aircraft manufacturer. The Malaysian prime minister said that his government is keen to purchase a small portion of IPTN stocks to support the financing of the Indonesian aircraft company.

36 students ill after party

36 students ill after party DENPASAR, Bali: Thirty six elementary school students were hospitalized with suspected food poisoning after a school farewell party in Jembrana, western Bali, over the weekend. The Budeng Elementary School students developed stomach aches and vomited after eating meals served at the evening party, Antara reported. "The students, all aged under 13, may have been poisoned by the food," paramedic Dayu Wilati of the Nagara Hospital said.

Soeharto to talk to children

Soeharto to talk to children JAKARTA: On the occasion of National Children's Day on July 23, President Soeharto will hold a rare discussion with a number of selected children by satellite. Minister of Education and Culture Wardiman Djojonegoro said that TVRI, the state-owned television station, is currently selecting the children, all from outlying regions, who will have the privilege of talking with the head of state.

City to have ice skating rink

City to have ice skating rink JAKARTA (JP): The construction of an ice skating rink at the Mega Mall Pluit, North Jakarta, started on Friday. The rink is expected to be completed next December. The ice skating rink will have a total area of 1,080 square meters, with an ice layer of 70 mm. The facility is being built by PT Putra Swabina Prasatya with a total investment of Rp 5 billion (US$2.2 million). The construction of the project is jointly conducted with Patine Corporation of Japan.

Man questioned over swindling of Pakistanis

Man questioned over swindling of Pakistanis JAKARTA (JP): City police have started questioning a local man for his alleged role in cheating and defaming two Pakistani tourists. Spokesman Lt. Col. Bambang Haryoko told The Jakarta Post over the weekend that police detectives have found strong evidence, during their investigations, that Rauf Afero tried to cheat and frame Muhammad, 25, and Usman, 26. Bambang gave no details about the amount of money or when and how Rauf met the two tourists.

Children should be taught to kiss hands

Children should be taught to kiss hands JAKARTA (JP): Coordinating Minister for People's Welfare Azwar Anas says the old practice of greeting elders by kissing the back of their hands should be revived because, he says, the gesture conveys both love and respect at the same time. "Greeting by kissing the hand is rarely practiced now," Azwar said on Saturday in Samarinda, East Kalimantan, Antara reported.

Custodial service tax

Custodial service tax JAKARTA (JP): Tax Director General Fuad Bawazier announced over the weekend that securities safekeeping services offered by commercial banks are subject to 10 percent value added tax (VAT). A letter on the matter also stipulates that other custodial services, such as securities settlement, securities registration and the distribution of dividends, are exempted from VAT.

More protest over paper crisis

More protest over paper crisis SURAKARTA, Central Java: Several hundred students staged a noisy demonstration at the Sebelas Maret University last week, demanding that the government solve the current paper crisis. The banner-waving students said that the severe paper shortage has disrupted the nation's education efforts. "End the monopoly in the paper industry," a banner read. "The soaring paper prices straggle the people", another said.

Food prices at the fair

Food prices at the fair From Media Indonesia Today, Saturday, June 17, 1995, the Jakarta Fair will officially open. I believe the event will be quite invigorating. As was the case last year, sidewalk vendors can be expected to be present in tents outside the fairgrounds. I would like to warn visitors about the price gouging that goes on at these makeshift food stalls. It is true you that may find them very tantalizing because they offer every kind of food imaginable.

Hotel Indonesia deep in the red

Hotel Indonesia deep in the red JAKARTA (JP): PT Hotel Indonesia International and Natour suffered a deficit of Rp 13.4 billion (US$5.9 million) during the first five months of this year due to the tight competition in the hotel businesses, a company source says. The loss will likely make it even more difficult for the company to go public because it also suffered a deficit of Rp 13.7 billion in 1993 and Rp 25 billion in 1994, the source said, Antara reported on Saturday.

Distant voices of national conscience

Distant voices of national conscience By Mochtar Buchori JAKARTA (JP): I have heard voices for at least the last two months. "Voices of national conscience". Very faintly at first, but they grow louder and louder every time. These are voices which express the public's perception and feeling of what is right and what is wrong in our society today. They are very different from the ones I have heard for many years in our formal political parlance.

Minister concerned over delays in farm credits

Minister concerned over delays in farm credits JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah expressed concern over the delay of loan distribution to farmers, saying that it had caused them serious disadvantages.

High population rate threatens prosperity

High population rate threatens prosperity JAKARTA (JP): High population growth and a widening social gap remain a major threat to Indonesia, despite the county's relative success in family planning and economic development, a respected demographer has warned.

Heny, Ruwiyati set new marathon records

Heny, Ruwiyati set new marathon records JAKARTA (JP): Central Javanese teenage duo Heny Melon and Ruwiyati shattered the national women's 10-kilometer road best as they shared the glory in a race in Medan, North Sumatra, yesterday. Heny, 16, was the first to best Suryati's three-year-old record of 35 minutes and two seconds by 22 seconds in a neck-to- neck battle against Ruwiyati, who finished second in another record-breaking time of 34 minutes and 51.07 seconds.

Trademark infringement

Trademark infringement It was reported in reader's letter of Your Letters, dated June 13, 1995, under the title Made where?, that the writer has found the writing "Made in Indonesia" on the Japanese product FUJI. We cannot exactly determine whether it can be classified as a form of unfair competition or commercial fraud. The factor to be taken into account is the existence of a joint venture agreement or license agreement between an Indonesian partner and the Fuji corporation.

ADB loan for Vietnam

ADB loan for Vietnam HANOI (Reuter): The Asian Development Bank (ADB) has agreed to lend Vietnam US$80 million and give it a $1.4 million technical assistance grant for a power upgrading and distribution project. The loan, covering 70 percent of the project's total cost, would come from the concessional Asian Development Fund, with a term of 40 years, including a 10-year grace period and an annual service charge of one percent, the Manila-based ADB said.

Palm oil firm operates

Palm oil firm operates JAKARTA (JP): PT Daya Labuhan Indah, a palm oil plantation firm based in Labuhan Batu of North Sumatra, inaugurated last week its plant, which is capable of processing 30 tons of palm oil fruit per hour. Company director Azaria Yoga Prawiro said over the weekend that the new plant was built with an investment of Rp 12 billion (US$5.4 million), Antara reported.