Indonesian Political, Business & Finance News

Archive: 13 July 1995

51 articles found

Japan debates its role in Indonesian independence

Japan debates its role in Indonesian independence JAKARTA (JP): While Japan played a role in paving the way for Indonesia's proclamation of independence in 1945, this in no way atones for the atrocities it committed during it's World War II occupation of Indonesia, a leading Japanese historian said...

Organizer to be tried over Hefner seminar

Organizer to be tried over Hefner seminar JAKARTA (JP): The Central Jakarta police have completed interrogating the host of an unlicensed seminar on Islam which authorities forcibly dispersed last month.

Singapore car demand remains firm

Singapore car demand remains firm SINGAPORE (Reuter): Demand for cars in Singapore -- among the most expensive in the world thanks to high import duties and a car quota system -- continues to remain firm despite recent government measures to cool the market, car dealers and analysts said.

U.S.-Vietnamese ties good for ASEAN

U.S.-Vietnamese ties good for ASEAN JAKARTA (JP): The United States' decision to normalize diplomatic relations with Vietnam bodes well for Indonesia and other countries in Southeast Asia, officials and international relations experts said yesterday.

The fate of museums

The fate of museums From Media Indonesia Early in June 1995, I visited Taiwan's National Museum in Taipei. I was truly impressed by the cleanliness of the museum and the way all the items are displayed. No doubt it attracts both domestic and foreign tourists.

Toyota to cut production

Toyota to cut production TOKYO (AFP): The Japanese financial daily Nihon Keizai reported yesterday that Toyota Motor Corp. planned to cut domestic production this year by 100,000 units to around 3.3 million vehicles.

Murayama's campaign faces hurdle

Murayama's campaign faces hurdle By Pierre-Antoine Donnet TOKYO (AFP): The news that Japan's economic recovery has come to a grinding halt comes at a awkward moment for the country's ruling coalition, which is preparing for crucial parliamentary polls in less than two weeks.

Talks with rebels remain suspended

Talks with rebels remain suspended MANILA (AFP): Peace talks with communist insurgents will remain suspended, as the government has refused demands to release a captured guerrilla leader, the head of the state's negotiating panel said yesterday.

Court and discipline

Court and discipline From Kompas The government is intensively implementing the national discipline movement. We hope that the action is not overly done as it would make the movement lose its true meaning.

Police rule out politics in reporters' arrest

Police rule out politics in reporters' arrest JAKARTA (JP): National Police Chief Gen. Banurusman Astrosemitro ruled out political motives behind the arrest of two journalists charged with trespassing. "The case is purely criminal and the police are treating it accordingly," Banurusman told The...

Aromatic plant built

Aromatic plant built JAKARTA (JP): State Minister of Investment and Chairman of Investment Coordinating Board Sanyoto Sastrowardoyo has inaugurated the construction of a US$850 million aromatic plant by Bechtel of the United States at Arun, Aceh.

RI scholar receives award

RI scholar receives award FUKUOKA, Japan (Kyodo): Leading Indonesian anthropologist Koentjaraningrat has been named the grand prize winner for the Sixth Fukuoka Asian Cultural Prize for meritorious work in the development of Asian scholarship and culture.

On Smoking

On Smoking With reference to the letter Smoking on buses (The Jakarta Post, July 6, 1995), I think the writer is right when he says that, in order to avoid the risk of becoming "smoke-enslaved", young people shouldn't smoke.

Mahathir vows to fight graft

Mahathir vows to fight graft KUALA LUMPUR (Reuter): Prime Minister Mahathir Mohamad has vowed to crack down on corruption in Malaysia's ruling party but analysts said yesterday it will be hard for him to succeed.

Southeast Asia's office market bullish

Southeast Asia's office market bullish SINGAPORE (AFP): Prospects for Southeast Asia's office development market are bullish amid aggressive government campaigns to boost financial and business services sectors, an Asian property conference was told yesterday.

Squatters paid compensation

Squatters paid compensation JAKARTA (JP): The State Housing Company, Perum Perumnas, yesterday paid compensation to 166 families of squatters in Cengkareng in a new bid to end a conflict that has delayed its plan to build low-cost houses in the West Jakarta area.

TV today

TV today TVRI 2:30 p.m. TV Series: Chocky Challenge 3:05 Dance Program 3:30 TV Drama: Harapan Nan Sirna 4:30 Women's Program: profile 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News...

'Independence leaders upheld free speech'

'Independence leaders upheld free speech' JAKARTA (JP): Though facing monumental armed and ideological challenges, in the early years of independence Indonesian leaders set great store by the values of freedom of expression and freedom of the press, an American historian said yesterday.

Japan Foundation gives aid to 30 teaching institutions

Japan Foundation gives aid to 30 teaching institutions JAKARTA (JP): The Japan Foundation donated educational aid to all 30 Japanese teaching institutions in Indonesia yesterday. A part of the 3,717,781 yen (Rp 96 million) was handed over to representatives of the 13 Jakarta-based Japan language...

35 honored for help to cooperatives

35 honored for help to cooperatives JAKARTA (JP): Marking Indonesia's 48th Cooperative Day yesterday, President Soeharto inaugurated a pioneering wholesale outlet for cooperatives and small businesses and launched a national entrepreneurship drive.

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.

Why no Bahasa Indonesia?

Why no Bahasa Indonesia? On July 4, 1995, I was flying with Japan Airlines Flight JL725 from Narita-Tokyo to Soekarno-Hatta in Jakarta, continuing to Denpasar, Bali. The inflight announcements during the flight were in Nihon-Go, English, then Chinese, but none of the announcements were in...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 12, 1995: Trading Shares Close Change Volume -------------------------------------------------------- Ades Alfindo 2,250 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,425 25 31,500 Aneka Kimia...

Entrepreneurship

Entrepreneurship The campaign launched by President Soeharto yesterday to promote the spirit of entrepreneurship in society has set loose a gush of refreshing air in the direction of the business sector in which, up to now, only rent seekers, opportunists and politically well connected persons seem...

Apartment project postponed

Apartment project postponed JAKARTA (JP): The Central Jakarta mayoralty has ordered PT Sari Lembah Hijau, developer of the Park Royale apartment complex, to postpone its construction work until its dispute with local residents over pollution is resolved.

Boatpeople land in East Timor

Boatpeople land in East Timor DILI, East Timor: Five Vietnamese boatpeople who escaped from the Galang Island refugee processing center in Riau are now stranded in East Timor after their boat lost control in rough seas and was washed ashore.

Resting in peace getting expensive

Resting in peace getting expensive JAKARTA (JP): The practice of extorting illegal levies has become so common in the city that even people mourning the death of their relatives at public cemeteries are not safe.

Police delay arson probe

Police delay arson probe PAMEKASAN, East Java: Police have delayed the investigation of a torched fishing boat off the island of Madura, allegedly carried out by a group of fishermen angry at the owner's decision to use a kind of net that threatened their livelihood. Madura Police Chief Col.

Kadin decries licensing red tape in infrastructure

Kadin decries licensing red tape in infrastructure JAKARTA (JP): The Indonesian Chamber of Commerce and Industry complained yesterday that private investors in infrastructure development face arduous licensing procedures which ultimately raise the cost of doing business.

Ubud and Batuan paintings need proper appreciation

Ubud and Batuan paintings need proper appreciation By Amir Sidharta JAKARTA (JP): What do you expect from exhibitions? A museum exhibition should contain an element of muse. It should provide a meditative or contemplative mood for a visitor.

Overacting on discipline

Overacting on discipline From Neraca No doubt, President Soeharto's instruction on the national discipline movement was instantly hailed by all parties. Needless to say, it was followed by the establishment of a discipline enforcing team consisting of members of the Armed Forces (ABRI), the police...

Chemical maker denies its product hazardous

Chemical maker denies its product hazardous JAKARTA (JP): A director of a local firm, PT Zeneca, denied yesterday that its products were hazardous to users and the environment. The company's director, Michael Pragnell, told journalists that para-col and gramozone, types of weed killer, were...

Is Muhammadiyah still an educational reformer?

Is Muhammadiyah still an educational reformer? By Mochtar Buchori JAKARTA (JP): Can Muhammadiyah regain its role as reformer in Islamic education? This is a question several of my friends have been asking me for about two years.

Fire razes main market

Fire razes main market INDRAMAYU, West Java: Fire razed the state-managed Inpres market in this city on Tuesday morning, destroying 84 kiosks and hundreds of stalls. One of the traders, a woman selling imitation jewelry, died watching the fire inflame her wares, Antara reported.

North Sumatra farmers lodge protest in Jakarta

North Sumatra farmers lodge protest in Jakarta JAKARTA (JP): A group of farmers from North Sumatra who have been locked in a long and often fierce land battle with the local military, called yesterday for the intervention of the House of Representatives.

Drum festival to rock City

Drum festival to rock City JAKARTA (JP): Local and foreign musicians will show off their skills in the two-day Indonesian International Drum Festival 1995 taking place from July 14 through 15 at Pasar Seni Jaya Ancol.

Fund raising campaign

Fund raising campaign BANDUNG: West Java Governor R. Nuriana appealed to all regents and mayors in the province to step up their campaigns to raise funds to help the government in its fight against poverty.

City traffic needs an independent management body

City traffic needs an independent management body JAKARTA (JP): The city administration came under pressure yesterday to review the way it handles the city's congested traffic conditions. A senior legislator proposed the formation of an independent body to tackle the traffic problem, arguing that...

Diarrhea outbreak in Bekasi claims 4 lives

Diarrhea outbreak in Bekasi claims 4 lives JAKARTA (JP): At least four people died and more than 200 were hospitalized due to an outbreak of diarrhea in the Bekasi area east of Jakarta over the past week, a local administration source said yesterday.

Govt loses $5m through first half of 1994/1995

Govt loses $5m through first half of 1994/1995 JAKARTA (JP): The Supreme Audit Board yesterday revealed government losses of Rp 11.1 billion (US$4.99 million) from fraud at six of the government's institutions during the April- September period last year. The Board's chairman, J.B.

Producers defend pulp technology

Producers defend pulp technology JAKARTA (JP): The Indonesian Pulp and Paper Association yesterday defended technology still in use by its members which has come under attack by an Australian environmental expert who has deemed it hazardous.

270 sailors sue shipping firm

270 sailors sue shipping firm JAKARTA (JP): The North Jakarta district court opened on Tuesday the trial of an executive of a shipping company charged with swindling 270 sailors. In the courtroom packed with angry sailors, Carel Simon was charged with cheating the seamen who had paid between Rp 1...

Brokerages may have ties with listed firms

Brokerages may have ties with listed firms JAKARTA (JP): Minister of Finance Mar'ie Muhammad yesterday argued against a suggestion of House members that the affiliates of listed companies not be licensed as securities companies.

Palm oil prices up

Palm oil prices up KUALA LUMPUR (Reuter): Malaysian palm oil prices were higher at midday yesterday on technical buying and shortcovering, fueled by gains in the Chicago soy oil futures overnight. "Prices moved up because of gains in Chicago.

RI gears up for world bridge c'ship

RI gears up for world bridge c'ship JAKARTA (JP): Indonesia is gearing up for the Bermuda Bowl championship, fielding three teams in the world invitational bridge tournament in Kuta, Bali, which opened yesterday.

Travel Agents complain to House members

Travel Agents complain to House members JAKARTA (JP): Twenty tour and travel agencies complained to the House of Representatives yesterday over a sharp increase in the guarantee funds that they are required to provide by the International Air Transport Association (IATA).

New prospects for insurers in China

New prospects for insurers in China SHANGHAI (Reuter): China raised the prospect of opening more cities to foreign insurers yesterday after the American International Group (AIG) pulled off another coup by getting the go-ahead to trailblaze in Guangzhou.

Jaido sets up Subic park

Jaido sets up Subic park SUBIC BAY, Philippines (AFP): The influential Japan International Development Organization (Jaido) signed a memorandum of agreement to set up a 180-hectare (445-acre) industrial park, it was announced here yesterday.

Alleged killer hunted down

Alleged killer hunted down PROBOLINGGO, East Java: The local police have arrested a man accused of beheading his own girlfriend last week, according to Antara. The 30-year-old suspect, identified by his initials MAD, was picked up at his home at Kuripan village on Monday night.

Plantation companies inefficient

Plantation companies inefficient JAKARTA (JP): Directorate General of Plantations Muhammad Badrun warned yesterday that inefficiency will render the country's plantation sectors uncompetitive on the international and domestic markets.

Asia to adjust reserves on U.S. dollar's rise

Asia to adjust reserves on U.S. dollar's rise By P. Parameswaran SINGAPORE (AFP): The current strengthening of the U.S. dollar may lead to bouts of selling of the greenback by some Asian central banks keen to diversify their foreign reserves portfolios, analysts said.