Indonesian Political, Business & Finance News

Archive: 23 June 1995

46 articles found

Prostitution

Prostitution From Neraca A seminar held recently in Tangerang, West Java, discussed the problem of Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS), for which there is still no known cure. The seminar revealed that Indonesia has the largest number of prostitutes in Southeast Asia. According to the seminar, localized prostitution is found in almost all large cities.

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.

'Tempo' to go ahead with 'dummy' edition

'Tempo' to go ahead with 'dummy' edition JAKARTA (JP): Tempo journalists said yesterday that they will go ahead with the publication of their new "introductory" copy later this week despite government opposition. Tempo's former chief editor Goenawan Mohamad, during a gathering on Wednesday night to mark the magazine's closure one year ago, said that the introductory copy, known in the magazine industry as a dummy, is legal.

Humpuss breaks ground for new methanol plant

Humpuss breaks ground for new methanol plant BONTANG, East Kalimantan (JP): The Humpuss Group, through its subsidiary PT Kaltim Methanol Industry, yesterday started building the country's first privately-owned methanol plant in the Kaltim Industrial Estate here with an investment of US$300 million. State Minister of Investment Sanyoto Sastrowardoyo officially broke ground for the plant, which will have an annual production capacity of 660,000 metric tons.

Many can't read the Koran

Many can't read the Koran JAKARTA (JP): As many as 25 percent of Moslems in Indonesia cannot read the Koran in its original Arabic script, chairman of the Indonesian Ulema Council said yesterday. Hasan Basri said that one of the ways of reducing the number of people who are Koran illiterate is through Koran reading contests, both at local and national levels, which are being encouraged by the government, Antara reported yesterday.

PSP issues bonus shares

PSP issues bonus shares JAKARTA (JP): PT Putra Surya Perkasa (PSP), a publicly-listed property developer, announced yesterday its plan to issue two-for-three bonus shares to its existing shareholders. The company stated that the bonus shares would be issued from the agio, the share price premium obtained during the company's initial public offering.

Stop pollution, Freeport told

Stop pollution, Freeport told Fak-Fak, Irian Jaya: The local administration has urged the PT Freeport mining company to stop polluting the Aikwa River, which it claims has contributed to the destruction of 3,000 ha of forest. Deputy chair of the legislative council of Fak-Fak, Heri Soedeno, told Antara yesterday that the river had been overflowing because of the piling up of the company's waste in some parts of the river.

Book tells of Bondan's love of Indonesia

Book tells of Bondan's love of Indonesia JAKARTA (JP): A biography of an Australian woman known for her strong ties to Indonesia, published by the Australia-Indonesia Institute, was launched this week. Minister of Foreign Affairs Ali Alatas launched the book, In Love with a Nation, Molly Bondan and Indonesia, at the residence of Australian Ambassador to Indonesia Allan Robert Taylor on Wednesday night.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Ramayana Buffet Dinner, Monday. Legong Buffet Dinner, Friday. Poolside - BBQ Night with Hawaiian Band, Wednesday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday. Notte Italiana with Capo Dastro Quartet, Thursday. * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Janger Cultural Performance, Friday. Pasar Ikan Seafood Market, Saturday.

China denies island dispute, seeks talks

China denies island dispute, seeks talks BEIJING (AFP): China denied yesterday that any dispute existed between itself and Indonesia over the South China Sea's Natuna Islands, but said it was willing to hold talks with Jakarta to settle demarcation. "There is no dispute between China and Indonesia on possession of the Natuna Islands," said foreign ministry spokesman Chen Jian when asked about reports of growing concerns in Jakarta over Chinese interest in a gas-rich zone near the archipelago.

BUN to raise capital

BUN to raise capital JAKARTA (JP): Shareholders of the publicly-listed Bank Umum Nasional (BUN) agreed in an extra-ordinary meeting to increase the bank's authorized capital to Rp 750 billion (US$340.9 million) from Rp 300 billion at present. The bank stated yesterday that the rise in the authorized capital was made in line with its plan to issue rights shares in the next few months.

Architecture

Architecture Coming back to Jakarta after 18 years and with the plan to be once more one of its citizens for a number of years, I was immensely impressed by the development that has been taking place in the city, but most of all in its center. Being an architect myself, much of my interest, quite naturally, went to the products of my fellow designers of buildings.

TV today

TV today TVRI 2:30 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 Culture Program 5:00 Regional News 5:30 Science Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Karya Nyata 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00 World News 9:30 Quiz: Siapa Dia 10:30 Film: Dany Kaye In The Inspector General 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Singer ends Yayuk's run in Eastbourne tourney

Singer ends Yayuk's run in Eastbourne tourney EASTBOURNE, England (Agencies): Yayuk Basuki of Indonesia was another victim of an upset, this time by Germany's Christina Singer at the quarterfinals of the Eastbourne women's tennis grasscourt tournament yesterday. The Indonesian eighth seed and last year's semifinalist went down 4-6, 4-6 in a serve-and-volley game against little known Singer, giving Yayuk a scare before her preparations for the Wimbledon championships which start next week.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 22, 1995: Trading Shares Close Change Volume ----------------------------------------------------- Ades Alfindo 2,250 50 2,500 AHAP Insurance 3,275 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,125 25 157,500 Aneka Kimia Raya 6,000 0 0 Anwar Sierad 1,450 25 81,000 Aqua Golden Mississippi 2,800 0 0 Argo Pantes 2,600 0 0 Asiana IMI Indusrties 750 -50 277,500 Aster Dharma Industry 875 0 0 Astra Graphia 1,600 0 0 Astra...

Instilling learning discipline in schools worth retaining

Instilling learning discipline in schools worth retaining By John Phillips This is the second of two articles exploring the good and bad sides of American and Indonesian school learning processes. YOGYAKARTA (JP): Early childhood education experts have stressed, for many years, the importance of the example of the parents and their attitude towards education as being crucial in a child's socialization to education.

Tax on apartment houses

Tax on apartment houses JAKARTA (JP): In addition to the 10 percent Value Added Tax (VAT), the sale of apartment houses of more than 150 square meters will also be subject to a luxury tax of 10 percent. Tax Director General Fuad Bawazier said yesterday that the sales tax on the transfer of such apartments, enacted with the Minister of Finance Decree No. 644/KMK.04/1994 issued last December, became effective in January of this year.

S'pore RI's third partner

S'pore RI's third partner SINGAPORE (AFP): Singapore has become Indonesia's third largest trading partner, after two-way trade surged past US$6 billion in 1994, the Singapore International Chamber of Commerce said yesterday. Indonesia had a surplus of $2.27 billion, up sharply from the previous year's $1.58 billion. Total bilateral trade in 1994 was $6.026 billion, up 16.7 percent over the previous year.

Controversial RI film to hit Tokyo cinemas

Controversial RI film to hit Tokyo cinemas By Masayuki Kitamura TOKYO (Kyodo): An Indonesian film about the adventures and friendship of a rich body and a poor boy that was yanked from the screen at home will be shown at an independent Tokyo cinema this summer.

Environment goes to school

Environment goes to school CIREBON, West Java: The city administration will include an environmental awareness class as part of the local content in the 1995 elementary school curriculum. Antara quoted Mayor Kumaedhi Syafrudin as saying yesterday that, for the first phase, the new class would be applied to 10 schools before the other 120 schools in the area took part.

Intinusa's dividend

Intinusa's dividend JAKARTA (JP): PT Intinusa Selareksa, a granite tile manufacturer listed on the Jakarta Stock Exchange (JSX), will pay a cash dividend of Rp 70 (3.18 U.S cents) per share for the 1994 book year. The company's president, Just Saragi, said yesterday that the dividend would be paid commencing Aug. 18. The company's net profit rose by more than 300 percent to Rp 3.6 billion in 1994 from Rp 812 million in 1993.(hen)

Agency to move ahead with nuclear plant

Agency to move ahead with nuclear plant JAKARTA (JP): Despite persistent protests from conservationists, the National Atomic Agency plans to go ahead with the construction of a nuclear power plant in Central Java. Adi Wardojo, head of the Center for Nuclear Energy Studies of the National Atomic Agency, told a press conference here yesterday that the legal groundwork already existed for the construction of the reactor. "Law No.

Development of Jakarta must succeed: Surjadi

Development of Jakarta must succeed: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja sought support from city residents yesterday to make the development of Jakarta, a city of 10 million people, a success. "We must not fail," Surjadi said, addressing an assembly of the city council commemorating Jakarta's 468th anniversary. Minister of Home Affairs Moch. Yogie S.M. was among the numerous government and military officials on hand.

Schering pays dividend

Schering pays dividend JAKARTA (JP): PT Schering-Plough Indonesia announced yesterday a 71 percent increase in its final dividend to Rp 600 (27.2 U.S. cents) for its 1994 operation, from Rp 300 for 1993. The company's president, Philip A. Townsend, said that the dividends will be paid in cash beginning Aug. 31.

S. Kalimantan maintains lead in diving c'ships

S. Kalimantan maintains lead in diving c'ships JAKARTA (JP): The mighty South Kalimantan team continued its winning run in the national diving championships yesterday when it snatched four more gold medals to perch clear on top of the standings. Indonesian hopeful in the 18th Southeast Asian Games Husaini Noor led South Kalimantan's charge, adding two more golds to his personal tally of four and boosting his team medal collection to seven golds, six silvers and two bronzes.

'Wayang orang' festival next week

'Wayang orang' festival next week JAKARTA (JP): Jakarta will host the fourth national festival of traditional Javanese opera, or wayang orang, from June 30 through July 15. The festival hopes to preserve the theatrical show that was once highly popular in Central Java, especially in the ancient cities of Yogyakarta and Surakarta.

Malaysia introduces capital-mart boosters

Malaysia introduces capital-mart boosters KUALA LUMPUR (AFP): Malaysia's capital-market boosting measures unveiled yesterday will make it more competitive but foreign fund managers said they may not be attractive enough to turn Kuala Lumpur into the region's top financial center. "We are only halfway down the road to get foreign stockbrokers to move here instead of Singapore.

KL probes PVC dumping by rivals

KL probes PVC dumping by rivals KUALA LUMPUR (AFP): Malaysia has launched a probe into allegations that Thailand, South Korea and Singapore were dumping polymer-vinyl chloride (PVC) floor coverings at below-market prices here, officials said yesterday. The international trade and industry ministry (MITI) received a petition from an unidentified firm alleging that local manufacturers of the product were losing out to such cheap imports from the three countries.

Doctor in Irian Jaya

Doctor in Irian Jaya From Kompas I read the article about the experience of an honorary doctor in Irian Jaya (Kompas, May 26, 1995). The article concerns mostly personal matters. A doctor myself, I was once assigned to the remotest area in Irian Jaya for four years. I never felt that there was any gap between the doctors already under the status of PNS (civil servant) and the honorary-salaried doctors.

Govt to issue permits for pulp production

Govt to issue permits for pulp production JAKARTA (JP): The government will resume issuing licenses for the establishment of industrial timber plantations to boost the country's pulp production, Minister of Forestry Djamaludin Suryohadikusumo says. Djamaludin was quoted by Antara as saying Wednesday that more pulp production is needed to increase paper production and cut back paper prices in the long run.

'Tempo' employees

'Tempo' employees Thank you for publishing the article about PT Reksa Mitra Berjaya (RMB) in your Sunday issue (June 18, 1995). However, we feel that there is something which needs clarifying. The article gave the impression that our friends from the defunct Tempo magazine, who join Get-plus, seem to be quitting RMB because they felt that the atmosphere in RMB was "undemocratic". While, in fact, Get-plus had been set up before RMB came into existence.

Jababeka's profit surges

Jababeka's profit surges JAKARTA (JP): PT Kawasan Industri Jababeka, a publicly listed industrial estate operator, reported an over 200 percent rise in its net profit to Rp 91.7 billion (US$41.68 million) in 1994, from Rp 30.9 billion in 1993. The company stated yesterday that about 29 percent of the net earnings would be distributed to existing shareholders as dividends at Rp 85 (3.8 U.S. cents) per share.

More houses built illegally

More houses built illegally BEKASI (JP): As the unrest triggered by the cancellation of a housing project in an irrigated area still lingers, another realtor has confessed to building 48 houses before having official permits. The 21-square-meter houses on a 3,500-square-meter plot of land were built by PT Miyagi in Mustikasari, Bantargebang district.

Students to establish anti-AIDS foundation

Students to establish anti-AIDS foundation JAKARTA (JP): Senior high school students in the city plan to establish a forum for exchanging ideas about means of preventing the spread of the Acquired Immune Deficiency Syndrome (AIDS). The plan was agreed upon on Wednesday night during a discussion sponsored by the Pelita Ilmu Foundation (YPI), which is involved in the fight against AIDS.

Garuda to carry new local routes next month

Garuda to carry new local routes next month JAKARTA (JP): The country's flag carrier, Garuda Indonesia, will resume on July 1 serving three domestic routes which are currently served by its subsidiary, Merpati Nusantara Airlines, an executive says.

Govt urged to abolish permit rules

Govt urged to abolish permit rules JAKARTA (JP): Nine non-governmental organizations, led by the Indonesian Legal Aid Institute and the Indonesian Forum for Environment, yesterday urged the House of Representatives to abolish all laws which require people to obtain official permits for various activities. The NGOs, in a petition sent to the House, said the time has come for the authorities in Indonesia to change the way they treat their citizens.

Govt wants university to solve crisis

Govt wants university to solve crisis JAKARTA (JP): The government has expressed serious concern over the ongoing turmoil besetting Satya Wacana Christian University, but has indicated that solving the dispute is an internal matter for the university.

Should political prisoners be pardoned?

Should political prisoners be pardoned? As the nation celebrates its 50th anniversary this year, its conscience turns to three well-known political prisoners. Mulyana W. Kusumah examines the judiciary instruments that deal with this issue. JAKARTA (JP): Minister of Justice Oetoyo Oesman announced recently that three top political prisoners of the aborted communist coup attempt of 1965 have applied for special clemency from the President. They are former deputy prime minister Dr.

Amien says Muhammadiyah has no conflicts

Amien says Muhammadiyah has no conflicts JAKARTA (JP): Chairman of the Muhammadiyah reformist Moslem organization, Amien Rais, denies any internal rift occurring in connection with next month's chairmanship election. "There is no such thing as the `poles of Jakarta and Yogyakarta' in Muhammadiyah," he said yesterday, referring to two major branches of the organization.

Foreign telecoms operators

Foreign telecoms operators For the first time in Indonesia's 50-year history, foreign companies will be allowed to directly provide domestic public telecommunications services. This will be done under 15-year joint operation contracts with the state domestic telecommunications monopoly, Telkom, starting early next year.

RI, U.S. to promote cooperation

RI, U.S. to promote cooperation JAKARTA (JP): Coordinating Minister for Industry and Trade Hartarto (center), as well as A.R. Ramly (left), adviser, and Tony Agus Ardie (right), chairman, of the Indonesia-U.S. Committee, briefed last night businessmen on Indonesian-American business meetings to be held in Washington, New York and Chicago next September.

Former governors criticize Manggarai project

Former governors criticize Manggarai project JAKARTA (JP): Former Jakarta governors have criticized the plan to build a massive integrated transport terminal in Manggarai, South Jakarta, saying it is in contradiction with the existing city development plan.

Forensic lab goes high-tech

Forensic lab goes high-tech By K. Basrie JAKARTA (JP): Only a few people know that the National Police's Forensic Laboratory Center is home to an array of the world's latest forensic technologies. "We dare to claim that our laboratory is the best police forensic laboratory in Southeast Asia," said the center's head Brig. Gen. Untung Haryono in an interview with The Jakarta Post.

Regular checks on pay phones

Regular checks on pay phones JAKARTA (JP): The East Jakarta office of the state-owned telecommunications company PT Telkom will check on the condition of its pay phones in public places twice a week. Office chief Rizal Saat said yesterday that the he has 300 female employees to check on public telephone booths every Monday and Friday.

Investors favor short-term fixed income instruments

Investors favor short-term fixed income instruments JAKARTA (JP): Lehman Brothers Asia Limited of the United States has discovered that institutional investors in Indonesia favor short-term fixed-income instruments. Lehman Brothers' vice president and head of credit research, Stephen M. Taran, said in a presentation here yesterday that 61 percent of its respondents invested in short-tern certificates of deposits.

Indonesia to host philately expo

Indonesia to host philately expo BANDUNG, West Java: Indonesia will host the eighth Asia- Pacific philately exhibition, to be held in Jakarta from Aug. 19 to 20. The head of the postal service's public relations department, Sutjipto, said here yesterday that his office is organizing the "Jakarta '95" philately exhibition in cooperation with the Indonesian Philately Association to celebrate Indonesia's golden anniversary.