Indonesian Political, Business & Finance News

Archive: 12 July 1995

47 articles found

Malaysia and RI could have been one state

Malaysia and RI could have been one state JAKARTA (JP): The fraternal affection shared by the Indonesian and Malaysian people at one point in history very nearly resulted in mutual statehood. Two social scientists at an international conference titled "50 Years of National Revolution: Examination, Remembrance and Reflection" noted yesterday that some of Indonesia's founding fathers included the Malaysian peninsula as part of Indonesia's territory.

Agency calls score buying 'appalling'

Agency calls score buying 'appalling' JAKARTA (JP): The Agency for Pancasila Propagation has expressed deep concern over reports that many teachers in Bekasi sold high marks to parents who want their children admitted to prestigious schools. The agency's chief R. Soeprapto told Antara yesterday that the conspiracy involving school teachers, headmasters and parents to jack-up students' final scores is "appalling".

House wants changes to capital market bill

House wants changes to capital market bill JAKARTA (JP): The House of Representatives urged the government yesterday to revise its capital market bill to ensure fair trading practices. The Indonesian Democratic Party asked for changes in the sections relating to licensing procedures for stock broking firms and the role of the capital market supervisory agency (Bapapepam).

Telkom to earn more revenues

Telkom to earn more revenues JAKARTA (JP): The government has revised upwards the revenues of the state-owned domestic telecommunications operator PT Telkom from the winners of telecommunications projects in the coming 15 years.

'Industrialists remiss on workers' welfare'

'Industrialists remiss on workers' welfare' JAKARTA (JP): Minister of Manpower Abdul Latief lashed out at Indonesian industrialists yesterday, saying that most of them only emphasize the profit aspects of their companies but neglect the welfare of their workers. Addressing a seminar held by the National Council on Wages, at the Borobudur Hotel, the minister said the government's regulation on minimum wages is designed to protect workers' welfare.

Transportation for Jakarta Fair

Transportation for Jakarta Fair From Neraca According to the information from the Jakarta Fair authority, the means of transportation to and from the Jakarta Fair is adequate and they do operate until late at night. But in reality that is not the case. On July 5, 1995, at about 11.00 p.m., when I wanted to go home from the Jakarta Fair ground, no public transportation was available. Only a few Metro Mini (No. P10) were there, but they only went as far as the Senen Market.

Chandra Alim leads RI drivers in Malaysia race

Chandra Alim leads RI drivers in Malaysia race JAKARTA (JP): Seasoned driver Chandra Alim will lead five Indonesian racers for the Formula Asia auto racing championships in Kuala Lumpur on July 16. Chandra, of the Djarum Racing Team, will be accompanied by teammates Andre Timothy and national young hope Alvin Bahar. The other drivers are from the Humpus Racing Team. They are Roy Haryanto, Stanley Iriawan and Ananda Mikola, Indonesia's rising star in automotive sport.

School principals reprimaded for excessive fees

School principals reprimaded for excessive fees JAKARTA (JP): The city's education officials have reprimanded 20 state-run high school headmasters for charging new students tuition fees in excess of the government-set levels. The move comes only one day after Governor Surjadi Soedirdja called on the city branch of the Ministry of Education and Culture to look into complaints of "additional fees" lodged by parents trying to enroll their children.

Joint infrastructure projects poorly implemented: Rahardi

Joint infrastructure projects poorly implemented: Rahardi JAKARTA (JP): The government pays too little attention to the improvement of efficiency in the implementation of infrastructure projects undertaken in cooperation with the private sector, a senior official said yesterday.

Expert warns on minority shareholders protection law

Expert warns on minority shareholders protection law JAKARTA (JP): The protection of minority shareholders as guaranteed by the law on limited liability companies should not create a new tyrant, a corporate lawyer said here yesterday. "Under the old law, majority shareholders held so much power that they often seemed to act as tyrants.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) July 11, 1995: Shares Close Change Trading Volume ------------------------------------------ Alumindo 1,100 0 0 Andayani Megah 3,400 25 287,000 Aneka Kimia 6,200 -50 11,500 Anwar Sierad 1,400 -25 29,500 Aqua Golden 2,800 0 0 Argha Karya 1,875 0 639,500 Argo Pantes 2,600 0 0 Asiana IMI 1,025 25 65,000 Aster Dharma 1,000 0 0 Astra Graphia 1,600 0 0 Astra Inter'l 2,325 -25 216,500 Asuransi Bintang 3,000 0 0 Asuransi Dayin 2,400...

City collects Rp 6.7b in alms for the poor

City collects Rp 6.7b in alms for the poor JAKARTA (JP): Thousands of poor Moslems in the city will benefit from Rp 6.7 billion (US$3 million) the city administration has collected from philanthropists over the past year. Governor Surjadi Soedirdja symbolically transferred the money to the beneficiaries on Tuesday in a ceremony attended by senior officials and representatives from BAZIS, the board which oversees the alms collection.

Padang ready for Beatrix

Padang ready for Beatrix PADANG, West Sumatra: Queen Beatrix of the Netherlands during her brief visit here next month is expected to stop by Padang City Hall to take a picture by a big tree that her grandmother Queen Yuliana planted last century, Antara reported. Padang Mayor Zuiyen Rais said he has commissioned a small team to decorate the area around the 15-meter-high tree.

Police intensity operation

Police intensity operation JAKARTA (JP): City police will intensify a security operation, code-named Kilat Jaya, to secure the capital during the celebration of Indonesia's independence day on Aug. 17. Head of the City Police for Operation and Command Center, Col. Muhantojo, told reporters yesterday that the operation will start next week.

No bars on officials' children

No bars on officials' children JAKARTA (JP): State Minister of Administrative Reform T.B. Silalahi said yesterday that there is no regulation banning the children of government officials from running businesses. "These children are Indonesians with rights similar to other citizens," Silalahi told reporters yesterday. "Once they are no longer dependent on their parents, once they have their own family, they are free.

Indonesia still trailing in junior world bridge c'ships

Indonesia still trailing in junior world bridge c'ships JAKARTA (JP): Indonesia has not yet succeeded in lifting itself out of the last position at the 5th World Junior Bridge Team Championship at Kuta, Bali. It lost 5-25 to the US-1 team in the third session on Monday. In the first and second sessions the Indonesian team was defeated 1-25 by Denmark and 0-25 by Australia.

Our foreign loans

Our foreign loans Members of the House of Representatives have urged the government to ask the Consultative Group for Indonesia (CGI) consortium for loans totaling about US$6 billion. As House member A.A. Baramuli said, if the CGI were to approve only US$5.2 billion, Indonesia would, in real terms, be getting less than before because of inflation and increased foreign exchange rates. At present, the government has to repay around US$5 billion annually in interests incurred.

Firms face obstacles in joints projects

Firms face obstacles in joints projects JAKARTA (JP): Private sector companies, in partnership with state-owned companies, face many obstacles in the development of infrastructure projects, businessman Ciputra said yesterday.

S'pore military chief due here

S'pore military chief due here JAKARTA (JP): Singapore Armed Forces Commander, Lt. Gen. Ng Jui Ping is scheduled to arrived today. Ng Jui will visit City Military Command headquarters in East Jakarta, where he will meet with City Military Chief Maj. Gen. Wiranto. The top brass will exchange ideas and discuss the two countries' cooperation on security and defense, Lt. Col. Didi Supandi, spokesman of the City Military Command, said.

Soeharto to sail from Surabaya to Jakarta

Soeharto to sail from Surabaya to Jakarta JAKARTA (JP): After dedicating a new ship constructed by the state-owned ship-building firm PT PAL on July 20, President Soeharto will travel aboard the ship from Surabaya in East Java to Jakarta to test its comfort. State Minister for Research and Technology B.J.

Zimbabwe fears SA trade dominance

Zimbabwe fears SA trade dominance By Susan Njanji HARARE (AFP): The 15-month-old democratic South Africa which many regional countries expected would act as a magnet to attracting investment to the sub-continent is now being viewed as a threat, particularly by neighboring Zimbabwe.

Jail sought for pamphleteer

Jail sought for pamphleteer BANDUNG: The government prosecution office is calling for a four-year jail term for a man alleged to have insulted President Soeharto through pamphlets he produced and distributed. The prosecution said that Crd, alias Coki, wrote some of the articles in the pamphlets, the contents of which denigrated the Head of State.

More leaders hail release of Suu Kyi

More leaders hail release of Suu Kyi WASHINGTON (AFP): The United States, United Nations and Southeast Asian countries welcomed the release of Myanmarese opposition leader Aung San Suu Kyi and saw the move was a step toward democracy by the military junta. President Bill Clinton "welcomes the announcement earlier yesterday by the Myanmarese authorities that Aung San Suu Kyi has been unconditionally released after almost six years of house arrest," said a White House statement.

Worker's body found hanged

Worker's body found hanged JAKARTA (JP): The body of a welding shop worker was found hanging by the neck from the ceiling of his employer's home in Meruya Utara, West Jakarta, yesterday. Sources at the Kebon Jeruk police precinct said that the case is still under investigation to determine whether Selamet, 25, had committed suicide or had been killed. The source said, however, that preliminary investigations indicate that the man had committed suicide. The body was taken to the morgue of the Dr.

Councilor wants graft at parking agency revealed

Councilor wants graft at parking agency revealed JAKARTA (JP): A senior city councilor demanded yesterday that the city administration reveal the results of its investigation into corruption among parking officials. Helmy AR Syihab, the chairman of the city council's Commission C, in charge of financial affairs, said that a public announcement of the investigation results would strengthen public trust in the administration.

Cambodia's hight birth rate adds fuel to fire

Cambodia's hight birth rate adds fuel to fire By Matthew Lee PHNOM PENH (AFP): Cambodia faces a population explosion unless strong measures are taken to educate the largely illiterate population about family planning, according to the United Nations. If its population growth is not controlled, Cambodia has a bleak future as a beggar nation unable to sustain itself without large infusions of foreign aid, said Vincent Faveau, country director for the United Nations Population Fund.

School costs a mounting burden

School costs a mounting burden From Merdeka The coming of a new academic year is always a headache for parents who struggle to keep up with the costs of enrolling their children in either government or private schools. Enrollment is only the beginning. Costs mount up when a child moves to a grade higher, enrolls in specific programs, participates in excursions, re-registers, or takes part in a farewell party. Just imagine if you have more than one child in school.

Cambodia to attend ASEAN meeting

Cambodia to attend ASEAN meeting KUALA LUMPUR (AFP): Cambodia has taken preliminary steps to join the Association of Southeast Asian Nations (ASEAN) and will attend an upcoming meeting of the group as an observer, a top Malaysian official said yesterday. The Cambodian National Assembly had ratified the ASEAN Treaty of Amity and Cooperation on July 2, Malaysian Foreign Minister Abdullah Ahmad Badawi told reporters after talks with visiting Cambodian Second Premier Hun Sen.

Private producers slow to supply CPO

Private producers slow to supply CPO JAKARTA (JP): The chief of the National Logistics Agency (Bulog) expressed concern that private sector producers have not been earnest in fulfilling their commitments to allocate crude palm oil (CPO) to a buffer stock. "We are still waiting for the supply of 10,000 tons of CPO committed by private producers this month," Beddu Amang told a four-day national workshop of the Ministry of Agriculture on Monday night.

Spotlight

Spotlight Photo A: Taizo JP/26 Japanese Ambassador for Indonesia Taizo Watanabe (right) shares a laugh with Indonesian tycoon Sofyan Wanandi (left) and his wife. The two met during the Japan Self Defense Forces Day program at the Japanese ambassador's residence on Jl. Daksa, Friday June 30. Photo B: Wing Antara Indonesia's Air Force Marshall Rilo Pambudi pins the Honorable First Class Pilot Wings on Australia's Air Force Marshall L.B.

'More decentralization essential for Indonesia'

'More decentralization essential for Indonesia' JAKARTA (JP): President Soeharto yesterday stressed that Indonesia must reassess the role the central government plays in the country. "In an increasingly fast changing and interdependent world, there will no place for a centralistic government, where all decisions are made by the central administration," Soeharto said while addressing 100 military and government officials at Bina Graha presidential office.

Vietnamese face U.S.-Vietnam ties

Vietnamese face U.S.-Vietnam ties By Karen Lowe LOS ANGELES (AFP): Many Vietnamese refugees in the United States seem sadly resigned to Washington normalizing ties with Hanoi, though some hope it will be the wedge to pry open their homeland to democracy. President Bill Clinton was expected to announce full diplomatic relations with Vietnam as early as next week after determining Hanoi had complied in accounting for U.S. servicemen missing since the Vietnam War.

Big drug bust on Bali

Big drug bust on Bali DENPASAR, Bali: Police have arrested a man believed to be one of the major drug suppliers on the holiday island. They seized 828 grams of heroin, with an estimated street value of Rp 240 million ($110,000), from the suspect, identified as 31-year-old YS of North Sumatran origin, Antara reported. The suspect was apprehended at his rented house in Legian, a popular beach resort in Bali. The drugs were found buried in his yard. Col.

54,000 to attend independence bash at Monas

54,000 to attend independence bash at Monas JAKARTA (JP): The city administration is planning a big party at the National Monument (Monas) square on Aug. 19 to commemorate the 50th anniversary of Indonesia's independence. Indonesia's 50th birthday will fall two days earlier, on Aug. 17. Chairman of the Organizing Committee Abdul Kahfi said yesterday that the party would be attended by about 53,000 Jakartans and 1,000 VIP guests.

Fire razes 145 houses

Fire razes 145 houses SAMARINDA, East Kalimantan: Nearly 1,000 people were left homeless by a fire which razed 145 houses in Tarakan, a city northeast of here, on Monday night, Antara reported yesterday. There were no casualties in the fire in the fishing village of Jembatan Besi, although the fire left 138 families or 956 people without homes. Several sampans and motor boats belonging to the residents were also destroyed by the fire, Lt. Col.

TV today

TV today TVRI 2:35 p.m. TV Series: Story To Remember 3:05 Music 3:30 Science Program 4:05 Around Us 4:30 Documentary Program 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Science Program 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05 Spectrum 9:00 World News 9:30 Comedy: Gelamor 10:30 Film: The King Fisher Caper 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Malaysia, RI call for an end to tin quota system

Malaysia, RI call for an end to tin quota system KUALA LUMPUR (AFP): Malaysia said yesterday it would support Indonesia's call for an end to the quota system of the Association of Tin Producing Countries (ATPC) at a ministerial meeting in Bolivia in September. Primary Industries Minister Lim Keng Yaik said Malaysia saw no merit in continuing with the ATPC's supply rationalization scheme (SRS) when its members and associates have been violating quotas for the past three-to-four years.

Entrepreneurship drive to be launched today

Entrepreneurship drive to be launched today JAKARTA (JP): President Soeharto is scheduled to launch a national entrepreneurship drive to coincide with today's celebration of Cooperatives Day. Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya said here yesterday that the main aim of the campaign is to create as many new entrepreneurs as possible to support the rapid growth of the business sector.

Many out of TVRI's reach

Many out of TVRI's reach MANADO, North Sulawesi: More than half of the North Sulawesi population cannot tune in to TVRI, the state television station, because they live in areas known as "blind spots." The head of the TVRI Manado broadcasting station, Zainuddin Nabeng, said that in all, 53.3 percent of the province's population cannot watch TVRI programs. In contrast, the national average is only 30 percent.

Pulp and paper plants in RI still hazardous

Pulp and paper plants in RI still hazardous JAKARTA (JP): Although they have been converted from the use of chlorine gas to organo-chlorine chemicals, all of Indonesia's pulp and paper plants continue to use toxic substances for bleaching, according to an Australian ecologist.

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.

Internet users warned over immorality

Internet users warned over immorality JAKARTA (JP): Indonesian Internet users should be aware of the impact of the electronic media, Information Minister Harmoko said yesterday. The government wants Internet users to only look at the positive information not the negative, Harmoko told a press conference after opening a meeting of the National Broadcasting Council. "The impact of the Internet is out of our control because it is an interconnection between global and personal computers," he said.

Judge criticize police over Marsinah inquiry

Judge criticize police over Marsinah inquiry JAKARTA (JP): Justice Adi Andojo Soetjipto criticized the police yesterday for pursuing their investigation of two men charged with the murder of labor activist Marsinah last year, despite the Supreme Court's decision to acquit them both. Justice Adi warned that the police effort was futile because by law a person cannot be prosecuted a second time for the same case, even if the charges are different.

Awards planned for best public services

Awards planned for best public services JAKARTA (JP): The government plans to present awards to some of the country's top public service institutions, in connection with Indonesia's 50th independence anniversary this August. State Minister of Administrative Reform T.B.

RP wants release of jailed maid

RP wants release of jailed maid DUBAI, United Arab Emirates (AFP) - The Philippine ambassador to the United Arab Emirates said yesterday he has appealed for the immediate release of a Filipina maid jailed for seven years for killing her employer. Ambassador Roy Seneres faxed AFP a copy of a message he sent to the UAE Foreign Ministry saying he believed 16-year-old Sarah Balabagan "should have been acquitted" by a UAE court which also concluded her Emirati boss had raped her.

World top stars to race Yogyakarta championships

World top stars to race Yogyakarta championships JAKARTA (JP): The top 15 finishers, after the France world moto cross championships, headed by Italian Alessandro Puzar, will see action when Yogyakarta hosts the 11th series of the world championships on July 30. This year's 125cc world championships have been fixed by FIA, the world motorcycle governing body, to 12 legs, starting from early March to August. France hosted the 10th leg in the series, which were held last Sunday.

RI students in Europe call change

RI students in Europe call change JAKARTA (JP): Indonesian students in Europe sent a strong message home over the weekend, urging the government to respect freedom of expression as guaranteed by the 1945 Constitution. Leaders of the Association of Indonesian Students (PPI) in Europe gathered in the small English town of Hatfield on Monday for a seminar in connection with Indonesia's 50th independence anniversary, Antara reported yesterday.