Indonesian Political, Business & Finance News

Archive: 30 June 1995

47 articles found

Establish 'twin cities' to redress gaps: Soeharto

Establish 'twin cities' to redress gaps: Soeharto YOGYAKARTA (JP): President Soeharto has called on people in the western part of the Indonesian archipelago to establish "twin city" relationships with cities in the less developed eastern region as a means of closing economic gaps. "I call on families from certain cities to develop twin city (ties) in order to facilitate development throughout the country," Soeharto said at a ceremony marking National Family Day yesterday.

Observers call for laws to protect former presidents

Observers call for laws to protect former presidents By Haryoso SEMARANG (JP): Two political observers have called for the establishment of laws to protect former presidents and vice presidents. Riswandha Imawan, a political scientist at the Gadjah Mada University in Yogyakarta, told The Jakarta Post on Wednesday that those laws, for instance, should effectively protect "the business ventures of the leaders to cushion their entrance into old age".

Thrill of Victory...

Thrill of Victory... * Indonesia's Yayuk Basuki is one of the two Asian women to have reached the final 16 at Wimbledon during its 111 years. Yayuk and Japan's Naoko Sawamatsu both made the fourth round in 1992, and Yayuk repeated this feat in 1993 and 1994. Sawamatsu's aunt, Kazuo Sawamatsu, is the only Asian woman to have won a doubles title at Wimbledon with her 1975 victory with Ann Kiyomura of the U.S.

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.

Police vow not to drop cases

Police vow not to drop cases JAKARTA (JP): City Police Chief Maj. Gen. Dibyo Widodo gave assurances yesterday that no criminal cases would be "frozen", as many have feared.

'Blast could have leveled town'

'Blast could have leveled town' ZAMBOANGA, Philippines (AFP): Zamboanga could be devastated if all the southern city's ammunition dumps exploded, officials told an investigation yesterday into blasts last week that killed a 12-year old boy and injured 33 people. Capt. Florentino Mariano told a city council meeting that if all seven ammunition bunkers in Zamboanga had exploded, two villages would have sunk into the sea and up to 40 percent of Zamboanga would have been damaged.

Monitoring of NGOs should be eased: Emil

Monitoring of NGOs should be eased: Emil JAKARTA (JP): A former state minister has advised the city administration to ease up on its mistrust of Non-Governmental Organizations and, instead, embrace them as partners in development. The suggestion came on Wednesday from Emil Salim, the former minister of environment and population. Emil is well-known for long having a close relationship with NGO activists, even while he was minister.

Jakarta to help Cambodian military

Jakarta to help Cambodian military PHNOM PENH (Reuter): Indonesia is willing to help Cambodia restructure its military and has offered to provide Phnom Penh with non-lethal military aid, visiting Foreign Minister Ali Alatas said yesterday. "We have some experience in unifying various units of troops of fighting forces after our revolution in 1950," Alatas said at a news conference marking the end of an official three-day visit.

More work needed on rights: Barry

More work needed on rights: Barry JAKARTA (JP): Indonesia must continue to improve its human rights record as it faces increasing scrutiny, resulting from the country's ascendancy in the international arena, the United States Ambassador said yesterday. Robert L. Barry said that, as Indonesia becomes more well- known, it is inevitable individuals and groups from all over the world would begin to express comments and interpretations of the country's development.

Tommy pledges best showing in Medan

Tommy pledges best showing in Medan JAKARTA (JP): National leading driver Hutomo Mandala Putra vowed yesterday to steal a little bit of thunder in the Indonesia Rally Championship in Medan, North Sumatra, next week by besting his Asian rivals.

Bank PDFCI's divestment in Bank Papan for profit

Bank PDFCI's divestment in Bank Papan for profit JAKARTA (JP): The president of Bank PDFCI, Bistok Hutasoit, said yesterday that the sale of its 11.13 percent stake in Bank Papan Sejahtera was purely based on a business reason. "Bank PDFCI earned a lot of profit by selling its shares in Bank Papan," Bistok said. He said that the 11.13 percent stake represented 8.6 million shares.

National monument under restoration

National monument under restoration JAKARTA (JP): Restoration of the famed national monument, Monas, in the heart of the city, is 60 percent completed, project officials say. To complete the project, workers are racing against time to beat the Aug. 17 deadline, the day when Indonesia commemorates its 50th independence anniversary. Project officials reported the progress to Governor Surjadi Soedirdja this week.

Develop writing skills and city

Develop writing skills and city JAKARTA (JP): The city administration is sponsoring a writing contest in connection with the 50th anniversary of Indonesia's independence in August. The administration aims to seek input on the development of the city and is encouraging the public to participate in the process, committee chairman K. Tarigan said. Tarigan said the essays should be presented in an "interesting style" and published in an Indonesian-language newspaper in Jakarta.

Punishment too light

Punishment too light From Kompas Imagine how parents feel when they are faced with the fact that their under-age daughter is raped. Their grief will be even more intense knowing that the rapist is only lightly punished. Our neighbor Cua C.H. (26) was sentenced to five months and 14 days in jail by the Bekasi Court on June 7, 1995. We have no choice but to write this letter, because the judge's decision has law binding power. The announcement of the sentence was made in the parents' absence.

Former top goalie dies from cancer

Former top goalie dies from cancer JAKARTA (JP): Former Indonesian Olympic goal keeper Paidjo died at 59 at the Tebet Hospital in South Jakarta from prolonged cancer yesterday. Paidjo, a native of Malang, East Java, joined the national soccer team for the 1956 Olympic Games in Melbourne as the substitute for number one goalie M. Saelan. The Indonesians, 1954 Asian champions, sprang a surprise when they held the Soviet Union to 0-0 in the Olympic preliminary round.

Eighty graves to be relocated

Eighty graves to be relocated JAKARTA (JP): In this rapidly-developing city of about 10 million people, even the dead have to make way for development. The construction of a drinking water facility in the Karet Bivak public cemetery in Pejompongan, Central Jakarta, will require the removal of the remains in 80 graves. The remains will be removed to the Srengseng cemetery in South Jakarta from July 3 through 10, chief of the city cemetery agency Syafril Zainuddin said on Wednesday.

New masters expected

New masters expected JAKARTA (JP): Indonesia is expecting to produce three more international masters during a two-week competition in Yogyakarta now gets underway. "It's realistic that our players could make it," Indonesian official Sunder Sundriyo said during the championship's opening ceremony on Wednesday. Grand Master Ardiansyah is leading the six-strong national team for the international tournament at the Ambarukmo Hotel.

40 films to enter Asia-Pacific festival

40 films to enter Asia-Pacific festival JAKARTA (JP): Organizers of the forthcoming 40th Asia-Pacific Film Festival announced that 30 movies and 10 documentary films from 13 Asia-Pacific countries will participate in the festival to be held here from July 23 to 26. Turino Junaidy, head of the organizing committee, said that the organizers have received titles from Hong Kong, Korea, Taiwan, Japan, Malaysia, Thailand, New Zealand and Indonesia, all of which will be submitted for competition.

Delta Djakarta building new brewery in Bekasi

Delta Djakarta building new brewery in Bekasi JAKARTA (JP): PT Delta Djakarta, a publicly listed brewery, is building a 16-hectare plant in Bekasi of West Java with a total investment of US$62.8 million for the relocation of its Jakarta plant. Rubian Harahap, a director at Delta Djakarta, said after attending the company's shareholders' meeting at Sangri-La Hotel yesterday that 50 percent of the investment would be financed by loans from a number of domestic and foreign banks.

Big banks' lending rates use as JIBOR's basis

Big banks' lending rates use as JIBOR's basis JAKARTA (JP): Bank Indonesia is using the lending rates of 24 major commercial banks as the basis for the newly-launched Jakarta Inter-bank Offered Rates (JIBOR). The central bank announced yesterday that the 24 banks comprised seven state-owned banks, 10 private domestic banks and seven foreign banks.

Juveniles send to adult jail for petty crime

Juveniles send to adult jail for petty crime JAKARTA (JP): The Legal Aid Foundation (LBH) office in Bandarlampung, capital of Lampung province, discovered yesterday another case of juveniles convicted of a petty offense being sent to an adult prison.

Not Hotel Indonesia

Not Hotel Indonesia A somewhat carelessly written headline in your June 19, 1995 (Hotel Indonesia deep in the red) might misled some readers, since the story which follows details the finances and future prospects of our owning company (PT Hotel Indonesia International/Natour), rather than those of our hotel. Hotel Indonesia (HI) itself continues to do what it has always done best: provide the warmest of welcomes for business travelers and holiday tourists from all over the world.

Bechtel to build Humpuss' aromatic plant

Bechtel to build Humpuss' aromatic plant JAKARTA (JP): PT Humpuss Aromatic has selected Bechtel of the United States to commence engineering, procurement and construction works on an US$850 million grassroots condensate processing and aromatics petrochemical facility in Aceh. Humpuss announced yesterday that all phases of the project will be carried out on a fast track, 36-month program.

Indonesia placed in the limelight

Indonesia placed in the limelight From Forum Keadilan Our country has been independent for 50 years. We have complete liberty to determine our domestic, as well as foreign policies. We have the freedom to establish diplomatic relations with certain countries. Likewise we are free to sever diplomatic relations. We are even free to quit world organizations.

Diarrhea claims four lives

Diarrhea claims four lives SURABAYA: Four people have died and more than 100 others have been hospitalized as a result of an outbreak of diarrhea in three villages in the Lumajang regency, East Java. Regency spokesman Soedjadi told Antara the three villages affected were Ranuyoso, Klakah and Senduro. The authorities have sent a team to the villages to investigate the cause of the diarrhea outbreak, Soedjadi said, adding that changing weather conditions usually played a part.

RI, Singapore to set up tourist promotion body

RI, Singapore to set up tourist promotion body JAKARTA (JP): Indonesia and Singapore agreed yesterday to set up a joint marketing group, consisting of businessmen and government officials, to identify tourism trends, potential markets for tourist promotion and product development.

Bakrie Sumatra Plantation to acquire PT Multi Jaya

Bakrie Sumatra Plantation to acquire PT Multi Jaya JAKARTA (JP): Bakrie Sumatra Plantation, a publicly listed company, has signed a memorandum of understanding with the West Kalimantan administration and Bank Pembangunan Indonesia to acquire a palm oil plantation firm, PT Multi Jaya Perkasa. "We will take over the plantation which has been neglected by its owner," Bakrie Sumatra Plantation's business development director, M.

Eva Air serves Surabaya

Eva Air serves Surabaya JAKARTA (JP): Eva Air of Taiwan made its inaugural flight from Taipei to Surabaya yesterday, carrying 226 tourists on a Boeing 767-200 aircraft with a capacity of 240 passengers. Eva Air's regional manager for Indonesia, Paulus K. Soelaeman, was quoted by Antara as saying in Surabaya that the new route, which takes four hours and 35 minutes, will be a time-saver compared to the longer Jakarta-Taipei and Denpasar-Taipei routes.

Police to probe examination scam

Police to probe examination scam BANDUNG: City police say they are prepared to investigate allegations that school administrators and teachers have been "fixing" the grades awarded in relation to the national elementary school final examinations in return for money from parents. Bandung Police Col. Didi Widayadi said, however, that to date no formal complaint had been filed with his office regarding the allegations, which have been widely reported in the press.

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.

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 Economy Program 6:05 Karya & Upaya 6:15 Village Program 6:45 You Should Know 7:00 Evening News 7:30 Parlementaria 8:05 Music 9:00 World News 9:30 Music 10:30 Film: Fraser The Sensous Lion 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 29, 1995: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 2,250 0 0 AHAP Insurance 3,275 0 0 Alumindo Perkasa 1,100 0 5,000 Andayani Megah 3,200 0 446,000 Aneka Kimia Raya 6,000 0 0 Anwar Sierad 1,400 -50 180,000 Aqua Golden Mississippi 2,800 0 0 Argha Karya Prima Industry 1,700 0 219,500 Argo Pantes 2,600 0 0 Asiana IMI Industries 925 25 72,500 Aster Dharma...

More students demand Tunky resignation

More students demand Tunky resignation JAKARTA (JP): Dozens of students and newspaper vendors protested yesterday the government's inability to resolve the newsprint crisis, demanding that Minister Tunky Ariwibowo resign. Spearheaded by the Islamic Students Association (HMI), the protesters marched to the trade ministry office, where they submitted a petition, demanding that the government act to end the crisis.

Use of Bahasa Indonesia

Use of Bahasa Indonesia A mistake frequently made by foreigners with rudimentary Indonesian is to refer to the Indonesian language as Bahasa. It is unfortunate to see a quality newspaper like The Jakarta Post make the same mistake (Bahasa must coexist with other languages, The Jakarta Post, June 24, 1995). The word bahasa means language.

Fictitious bank reports

Fictitious bank reports Tax Director General Fuad Bawazier's disclosure on Tuesday that several banks had filed fictitious financial reports was not a complete surprise. The findings of the tax auditors only serve to confirm pervasive rumors that many banks and companies, notably those which have not gone public, often cook up their financial accounts to suit their purposes.

'Piracy on high seas becomes a major threat'

'Piracy on high seas becomes a major threat' KUALA LUMPUR (AFP): Indonesian ports, East African waters and the triangle between Hong Kong, Luzon in the Philippines and Hainan in China are becoming hotbeds for piracy, which is increasing worldwide, a top maritime official said yesterday.

Prajogo to pursue bid for CASH, despite rejection

Prajogo to pursue bid for CASH, despite rejection JAKARTA (JP): Prajogo Pangestu, the majority shareholder of the publicly-listed timber giant PT Barito Pacific Timber, said yesterday he will pursue his bid for Malaysia's Construction and Supplies House (CASH) despite a rejection over the deal. "We have made an appeal to the Kuala Lumpur Securities Commission," Prajogo told reporters following Barito Pacific's annual shareholders' meeting here.

Permadi trial set for July 6

Permadi trial set for July 6 YOGYAKARTA: The authorities have set July 6 as the first day of the trial of popular mystic Permadi Satrio Wiwoho on charges of blasphemy. The trial is widely expected to draw a huge crowd because of Permadi's popularity and the nature of the controversy. Lt. Col. Priyono, head of the Yogyakarta military district command, has guaranteed that the trial, to be held in the Sleman District Court, would proceed in a smooth, orderly and safe manner, Antara reported.

Pembangunan Jaya Ancol to reclaim 300 ha coast

Pembangunan Jaya Ancol to reclaim 300 ha coast JAKARTA (JP): PT Pembangunan Jaya Ancol plans to reclaim 300 hectares of the Ancol coast over the next 10 years to expand its famed Ancol Dreamland, the company announced yesterday. Head of the company's real estate bureau, Ridwan Pohan, said that the first phase of the Rp 500 billion (US$223 million) project would commence next year. He said 50 hectares would be reclaimed during the first phase.

Horas bah?

Horas bah? Having read Aloysius Haryono's letter Javanese language (The Jakarta Post, June 1, 1995) in response to a reader's opinion about his mother tongue, I think it is not fair for him to use a mistaken expression from another local language as a comparison. Mr. Haryono, you wrote that the Batak say Horas bah when they meet each other. Are you sure that this Batak expression is used in the correct situation and conveys the right meaning?

Govt tells PDI leaders to end bickering

Govt tells PDI leaders to end bickering JAKARTA (JP): The government, professing neutrality in the endless bickering within the Indonesian Democratic Party (PDI), urged party leaders yesterday to resolve the conflict before Indonesia's 50th anniversary of independence on Aug. 17.

Indonesia defends appointment of envoy to Australia

Indonesia defends appointment of envoy to Australia JAKARTA (JP): The Ministry of Foreign Affairs yesterday defended the appointment of Lt. Gen. (ret.) H.B.L. Mantiri as Indonesia's next ambassador to Australia after criticisms were voiced by some parties in Australia.

Malaysian, S'porean bosses raise wages of RI workers

Malaysian, S'porean bosses raise wages of RI workers JAKARTA (JP): Malaysian and Singaporean employment agencies finally agreed yesterday to raise the minimum wages of Indonesian workers hired in their countries. In a three-day meeting, which concluded yesterday, representatives of Singaporean and Malaysian employment agencies discussed ways to provide better treatment for and promote the welfare of Indonesian workers employed in the two countries.

N. Jakarta police gets new chief

N. Jakarta police gets new chief JAKARTA (JP): City Police Chief Maj. Gen. Dibyo Widodo yesterday installed Lt. Col. Abu Bakar Nataprawira, 44, as the new head of the North Jakarta police precinct. Abu Bakar replace Lt. Col. Edi Darnadi, who has been promoted to secretary of the directorate of city crime investigation. Dibyo praised Edi's success in combating crime during his eight-month tenure as shown by area's drop in the crime rate. He asked Abu Bakar to intensify the fight against crime.

Medco Energi to buy Lasmo's Malacca Straits

Medco Energi to buy Lasmo's Malacca Straits JAKARTA (JP): Publicly-listed oil company PT Medco Energi Corporation is acquiring a 23.4 percent interest in the Malacca Straits Production Sharing Contracts area from Lasmo Oil (Malacca Straits) Ltd. of Britain and its affiliates. President of Medco Energi, Hetriono Kartowisastro, said yesterday that his company signed an in-principle agreement with Lasmo in May.

Postmaster named as tourism minister

Postmaster named as tourism minister MANILA (AFP): President Fidel Ramos yesterday named Eduardo Pilapil, the Philippines' postmaster general, as the new secretary of the Tourism Department, replacing incumbent Vicente Carlos who has resigned. Carlos' resignation is effective from July 4, ending a three- year tenure in the Ramos cabinet, and came at the insistence of his family so he could resume his law practice, Press Secretary Hector Villanueva said in a statement.

Man makes oath of silence

Man makes oath of silence JAKARTA (JP): A 36-year-old man in Tangerang has made an oath of silence to last 50 days to demonstrate his concern over corruption, soaring paper and cement prices, as well as the suppression of the freedom of expression. Hesti Prabowo, father of a three-year-old girl, started his demonstration at his home in Periuk Jaya Permai on Wednesday. He wrote on two pieces of paper, "I will demonstrate until Aug. 16. On Aug.