Indonesian Political, Business & Finance News

Archive: 7 June 1995

40 articles found

Three suspects in police death released on bail

Three suspects in police death released on bail JAKARTA (JP): South Jakarta police confirmed yesterday that they released on bail late last week three of the eight suspects in their investigation into the death in March of a police officer in the Blok M shopping area. "We decided to temporarily postpone their detention after receiving a guarantee that the three would be able to be reached any time we need them," local police chief, Lt. Col. Silvanus Yulian Wenas, told The Jakarta Post.

Kowaveri holds conference

Kowaveri holds conference JAKARTA (JP): First Lady Tien Soeharto will officially open the national conference of the Indonesian Women Veterans Corps (Kowaveri) at the State Palace today. The four-day conference, which started on Tuesday, is discussing programs for the organization which has a membership of over 19,470 people. The conference, attended by 150 organization delegates, is held at Kartika Plaza Hotel.

3-D glasses disappointing

3-D glasses disappointing BANDUNG, West Java: Many television viewers are disappointed because the 3-D glasses they bought to enjoy comedies aired by the RCTI television station are not as good as they expected. "The comedies are not much different from the regular ones seen without the glasses," a viewer told the Antara news agency on Tuesday. "We expected spectacular scenes," said Yanis Suryaatmadja who bought the 3-D glasses for Rp 1,500 (63 US cents).

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, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m. - Ambassador Lounge: Amir (pianist), Monday to Friday, 7:30 a.m. to 9:30 a.m.; Saturday 8 a.m. to 10 a.m.; Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.; Sunday from 12:30 p.m.

Singapore to launch Brent crude futures contract

Singapore to launch Brent crude futures contract SINGAPORE (AFP): Singapore is set to launch the London- developed Brent crude futures contract this week, offering Asia's rapidly-growing oil market a hedging mechanism against price risks, officials said. But many dealers and analysts said the contract would not be an instant hit in Asia's oil community because the region's caution about oil futures trading.

Collision spills oil into S'pore waters

Collision spills oil into S'pore waters SINGAPORE (Reuter): A collision at sea involving a bunker barge has spilled oil near Singapore's eastern coastline and authorities are working to contain it, the Port of Singapore Authority (PSA) said yesterday. The freighter Sun Pulse and the bunker barge Saybolt collided at 0700 hours local time (2300 GMT Monday) at Singapore's eastern anchorage, it said in a statement.

Cleaner industry promoted

Cleaner industry promoted JAKARTA (JP): The government, in cooperation with the United States Agency for International Development, yesterday kicked off the Indonesian Cleaner Industrial Production Program (ICIPP), a campaign to promote clean industries. Joel Hirschhorn of the ICIPP said the program is designed to transfer urban and industrial cleaner production expertise and information to local industries and support efforts to improve the environment in Indonesia.

Church factions argue over renewed violence

Church factions argue over renewed violence JAKARTA (JP): Bickering camps in the Toba Batak Protestant Church (HKBP) traded accusations yesterday about recent violence between their supporters over the control of a community church in North Sumatra.

Garuda facility earns Singapore certificate

Garuda facility earns Singapore certificate JAKARTA (JP): The Civil Aviation Authority of Singapore certified as airworthy yesterday the maintenance services of the state-owned airline Garuda Indonesia. The authority's certificate was handed over by its director Wong Woon Liong to Garuda's president Soepandi in a ceremony at the airline's maintenance center here.

Accident not fate

Accident not fate From Media Indonesia Many fatal accidents have occurred on the toll roads. The accidents are mostly caused by human error or a vehicle's unroadworthiness. For example, if a driver is sleepy or drunk accidents are likely to occur. Or if a vehicle's tire is punctured, or the brakes do not function, accidents are inevitable. Such accidents are not predestined because there is a cause. And if the causes can be reduced or eliminated, accidents can be avoided.

Seeking information

Seeking information As one of the few Portuguese citizens in Jakarta I am very interested in joining the "Portuguese-Indonesian Friendship Association" that I frequently read about in the pages of this and other newspapers. However, I am left wondering whether this organization really exists as every attempt at making contact has led to nothing. Perhaps by the publication of this letter I may learn of a contact point? MRS MARGARIDA M. FENA-INNES Jakarta

New ruling on house sales to be issued soon

New ruling on house sales to be issued soon JAKARTA (JP): State Minister for Housing Affairs Akbar Tandjung said yesterday that the government would soon enact regulations governing the sale of partially-constructed houses, in an effort to protect purchasers from deceitful transactions. "The ruling is expected to ensure fair transactions in the housing business," he said during a break in a one-day workshop on housing development.

PDI's consolidation efforts hit snag

PDI's consolidation efforts hit snag JAKARTA (JP): Consolidation efforts within the rift-ridden Indonesian Democratic Party (PDI) has hit snags in East Java and South Sulawesi, party chief Megawati Soekarnoputri said yesterday. In the remaining 25 provinces, consolidation has been achieved with few obstacles, Megawati said when meeting with Home Affairs Minister Moch. Yogie S.M. yesterday.

Big names will make debut in next Indonesian rally

Big names will make debut in next Indonesian rally JAKARTA (JP): World auto racing fans will set their sights in Medan, North Sumatra, next month when several new but outstanding entries will be battling neck to neck against customary drivers in Indonesia's rally championships.

Motorists stranded by landslide

Motorists stranded by landslide PALU, Central Sulawesi: A landslide triggered by a downpour blocked a main road in Donggala, brought traffic to a standstill and stranded hundreds of motorists for about six hours on Monday. The Antara news agency reported the landslide occurred on a two kilometer section of road in the mountainous Kebun Kopi area, which links the east coast of the Donggala regency with Palu.

$132.5 million for textbooks

$132.5 million for textbooks JAKARTA: The World Bank has approved a loan of US$132.5 million to make school textbooks available to poor children in Indonesia. The assistance is almost a third of a US$355 million project designed to increase access to textbooks and encourage reading. The project is to be implemented over six years.

Piracy still haunts Southeast Asian waters

Piracy still haunts Southeast Asian waters By Tan Ee Lyn SINGAPORE (Reuter): The gray speedboat halted abruptly alongside the fishing vessel and before the fishermen knew what was happening, a salvo of gunshots shattered the silence and punched holes into the trawler. Brandishing guns and knives, six men in camouflaged army uniforms accused the Singapore-flagged trawler of intruding into Indonesian waters.

Prisoners' appeal for clemency sparks debates

Prisoners' appeal for clemency sparks debates JAKARTA (JP): The appeals of three political detainees for special clemency from the President provoked a fierce debate among legal observers and human rights campaigners yesterday. One camp said they believe that the prisoners deserve clemency because they have paid for their past crimes, but the other maintained that the convicts are "unforgivable" traitors.

Boxing tourney in big hotel

Boxing tourney in big hotel JAKARTA (JP): Boosted by the upbeat atmosphere of Indonesia's golden anniversary celebration, the national amateur boxing association will stage the President's Cup in August at the four- star Hotel Indonesia. The association's secretary-general Didiet Soedijoto said yesterday the Aug. 5-11 event, the first amateur boxing tournament held in a hotel, will reduce the association's budget. "But we cannot expect a huge number of spectators," he added.

NBA finals live TV broadcast

NBA finals live TV broadcast JAKARTA (JP): Private television station SCTV will broadcast the NBA Finals, which is pitting Orlando Magic against defending champion Houston Rockets, and is also allocating, starting tomorrow, one-minute stop press segments, six times a day during the best-of-seven series.

Satelindo to issue debt instruments later this year

Satelindo to issue debt instruments later this year JAKARTA (JP): Telecommunication firm PT Satelindo is expected to issue debt instruments later this year to generate additional funds required to finance its operations, a company executive says. "We will issue some capital market instruments in November to fund our projects," Satelindo's president, Iwa Sewaka, told the House of Representatives' Commission V, which oversees communications, in a hearing yesterday.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 6, 1995: Trading Shares Close Change Volume ---------------------------------------------------------------- Ades Alfindo 2,200 0 0 AHAP Insurance 3,300 0 0 Alumindo Perkasa 1,100 0 222,500 Andayani Megah 2,925 25 476,000 Aneka Kimia Raya 6,050 50 1,000 Anwar Sierad 1,500 -75 163,000 Aqua Golden Mississippi 2,800 0 0 Argha Karya Prima Industry 2,050 0 1,244,000 Argo Pantes 2,600 0 0 Asiana IMI Indusrties 1,000 25...

Mayor apologizes for land clearance

Mayor apologizes for land clearance JAKARTA (JP): Bogor Mayor Eddy Gunardi has apologized to residents whose buildings were demolished under his leadership. "We do not intend to make the people poor. What we have done is just for the sake of having a nice and lovely town," the mayor said Monday during the 513th anniversary of the town, which is famous for its high annual rate of rainfall.

Apartments are the last choice: Professor

Apartments are the last choice: Professor JAKARTA (JP): Low-cost apartments are not the only way to solve the city's housing problem, Johan Silas, a professor of the Surabaya-based Technology Institute, said yesterday. "We should only use low-cost apartments if there are no other feasible alternatives available in a location," Johan told reporters during a break of a two-day seminar on Crowdedness and Health.

India-ASEAN ties improving slowly

India-ASEAN ties improving slowly By Ganganath Jha NEW DELHI (JP): The annual meeting of ASEAN foreign ministers is scheduled to be held in Brunei next month and important matters to be deliberated are appraisal of the success of the ASEAN Free Trade Area and other vital issues of economic cooperation. Vietnam's inclusion in the ASEAN fold is also on the agenda and subsequently they are to discuss security environment under the auspices of ASEAN Regional Forum (ARF).

RI supports Myanmar's bid for ASEAN membership

RI supports Myanmar's bid for ASEAN membership JAKARTA (JP): Indonesia supports Myanmar's wish to join the Association of Southeast Asian Nations (ASEAN). Minister/State Secretary Moerdiono said yesterday that the possibility of Yangon becoming a member of ASEAN had been touched upon during a meeting between President Soeharto and the chairman of Myanmar's military junta, Gen. Than Shwe, at the Merdeka Palace yesterday.

'No evidence against Briton'

'No evidence against Briton' MANILA (Reuter): Philippines investigators said yesterday they had no evidence against a British tour operator accused in a British television report of supplying Filipino children for sex with paedophiles. Mamerto Espartero of the National Bureau of Investigation (NBI) said Michael Clarke was invited to headquarters to clarify reports about foreign paedophiles supposedly enjoying NBI protection.

Indonesia to face political vacuum in future: Expert

Indonesia to face political vacuum in future: Expert By Santi WE Soekanto JAKARTA (JP): A prominent American expert on Indonesia warns against a "great vacuum" and pervasive uncertainty in the country if President Soeharto steps down from power. R. William Liddle, a professor of political science at Ohio State University, said yesterday that Indonesia is ill-prepared for a change in national leadership.

Alatas cautious on new Timor dialog prospects

Alatas cautious on new Timor dialog prospects JAKARTA (JP): The Indonesian government is reacting cautiously to the prospect of a second meeting between opposing East Timorese factions. Minister of Foreign Affairs Ali Alatas said yesterday such a proposal must be examined further and discussed with Portugal at the next round of formal talks. "We will have to look at the relevance and the need for such a meeting," he said.

Indonesians to address Islam seminar in Sweden

Indonesians to address Islam seminar in Sweden JAKARTA (JP): Three authoritative Indonesian experts on Islam will address a major conference in Stockholm, this month, aimed at bridging the gap between European culture and Islam. Abdurrahman Wahid, Zakiah Daradjat and Irid Rachman Agoes have been invited to address the June 15-17 conference, which has been hailed in both Europe and the Islamic world as timely.

Street vendors to be relocated

Street vendors to be relocated JAKARTA (JP): The City Council's Commission B, in charge of economic affairs, wants the East Jakarta mayoralty to speed up the relocation of street vendors into area markets as soon as possible. "The mayoralty has already prepared three locations to accommodate the street vendors," Hasan Dasy, a member of the commission, told reporters yesterday. The locations with a total area of 3,000 square meters are Jl. Nusa Indah, Klender, Kampung Makasar and Cililitan.

Catching up with others

Catching up with others Whether we like it or not, a country such as ours, Indonesia, must make greater efforts to catch up with others. We must think more seriously about how to step up our national development efforts to improve cohesion, solidarity and the spirit of nationalism among us. One of the big problems we must confront, and surmount, is the tendency for soft living, as defined by Gunnar Myrdal in his description of soft and strong nations.

Minister's name used to defraud

Minister's name used to defraud JAKARTA (JP): City police investigators will soon summon the executive of a private firm believed to have cheated a local entrepreneur. Mohammad A. Tabrani, the executive, introduced himself to Nova, the entrepreneur, as a son-in-law of Coordinating Minister of Politics and Security Affairs Soesilo Soedarman. Minister Soesilo, through his spokesman, Col. Maman Sulaiman, informed City Police Force spokesman Lt. Col.

Publishers seek end to monopoly

Publishers seek end to monopoly JAKARTA (JP): Newspaper publishers and book printers, faced with a crisis in newsprint supplies, asked the government yesterday to intervene to alleviate what they said were monopoly conditions in the paper market. "We ask that the market monopoly will not be used as an opportunity to seek the largest possible profits ..." said the acting chairman of the Association of Newspaper Publishers (SPS), Handjojo Nitimihardjo.

Operation against 'preman' questionable: Lawyer

Operation against 'preman' questionable: Lawyer JAKARTA (JP): A professor of law at Airlangga University, Surabaya, questioned yesterday the legal basis for the continuing police and military operation against suspected street hoodlums, known locally as preman. "Is there any solid legal base for arresting anyone suspected of being a preman?" asked Professor J.E. Sahetapy.

Liquisa military chief testifies

Liquisa military chief testifies DENPASAR, Bali: An East Timor military leader testified yesterday that inadequate telecommunication equipment and rough terrain did not enable him to control the Jan. 12 military operation that killed six unarmed villagers. Chief of the Liquisa military command, Lt. Col. Tris Suryawan Adiwijaya, told a military tribunal that he was briefed on the result of the operation after the mission was over. "First Lt.

Govt asked to lower tariffs on plastics raw materials

Govt asked to lower tariffs on plastics raw materials JAKARTA (JP): The Association of Indonesian Plastic Producers called on the government yesterday to gradually lift tariff protection on polyethylene and polypropylene.

Legislators brand wanted scientist 'coward, hypocrite'

Legislators brand wanted scientist 'coward, hypocrite' JAKARTA (JP): Two legislators reacted strongly yesterday to the news that social scientist George Aditjondro was seeking permanent resident status in Australia to avoid criminal charges in Indonesia. The ruling Golkar faction's Krissantono said the scholar was a "coward", while Kamil Shahab, also of Golkar, branded George a "hypocrite".

Inhutani II takes over forest concessions

Inhutani II takes over forest concessions JAKARTA (JP): The state-owned timber firm PT Inhutani II has been assigned to takeover forest concessions in Kalimantan and Sulawesi totaling 1.67 million hectares, the company's president said. "We have been assigned by the Minister of Forestry to take over those concessions so that we could rehabilitate their damaged forests," A.A. Malik, Inhutani II's president, told Commission IV of the House of Representatives in a hearing yesterday.

Bira environment study still being considered

Bira environment study still being considered JAKARTA (JP): Governor Surjadi Soedirdja denied yesterday reports which said that the city administration has accepted, with annotation, the results of an environmental impact analysis on the controversial Bira island. The governor explained that the environmental impact analysis commission only accepted the document of the analysis but did not make any decision on it.