Indonesian Political, Business & Finance News

Archive: 13 July 1995

51 articles found

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. The local navy said the five Vietnamese managed to flee Galang and bought themselves a motorized sailing ship which they had hoped would take them to Australia, Antara said.

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. Central Jakarta Mayor Abdul Kahfi told reporters Tuesday that his office has ordered the Tanah Abang district office to suspend the project.

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 able to succeed.

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 Raya 6,200 0 0 Anwar Sierad 1,350 -50 145,000 Aqua Golden Mississippi 2,800 0 0 Argha Karya Prima Industry 1,850 -25 293,000 Argo Pantes 2,600 0 0 Asiana IMI Industries 1,025 0 0 Aster Dharma Industry...

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 Indonesian. I should admit that it was my first time flying with JAL this year.

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.

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. "Today we witness many kinds of business partnerships between large entities and cooperatives and small enterprises.

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 courses, while contributions to other recipients operating in the provinces will be sent later. The aid also included books, video tapes, cassettes, and special Japanese letter typewriters.

'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. George McTurnan Kahin recounted his experiences when he first came to Indonesia in 1948 to do historical research.

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 7:30 TV Drama: Madun 8:05 Culture Program 9:00 World News 9:30 Film 10:55 Late News 11:05 Sports Program 2 4:30 p.m.

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. Didin Sutiadi, head of the company's Cengkareng branch, said yesterday that Perumnas plans to eventually pay the more than 1,400 families still occupying 21.6 hectares of its land in the area.

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.

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 yesterday.

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.

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. The 72-year-old University of Indonesia professor emeritus is his country's leading cultural anthropologist in the area of traditional Southeast Asian culture and is highly regarded for his research in development and modernization.

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. The plant project, owned by PT Humpuss Aromatic which is controlled by Hutomo Mandala Putera, will be designed for an annual capacity of 370,000 tons of paraxylene and 160,000 tons of benzene.

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 Jakarta Post in the Central Java capital of Semarang yesterday. He was commenting on last week's arrest of journalists Victoria I.G. Sijabat and Yul Adriansyah from the current affairs magazine Sinar.

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. The important thing is, is that the demand for society to observe national discipline should be matched by the enhancement of services from law enforcing officials. On July 6, 1995, I went to the Central Jakarta Court to watch the court proceedings.

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. The communist National Democratic Front (NDF) had demanded the release of guerrilla leader Sotero Llamas, describing him as a consultant in the talks that opened in Brussels on June 26 but were abruptly scrapped.

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. The announcement by the Economic Planning Agency (EPA) on Tuesday may shake further the already fragile coalition government of Prime Minister Tomiichi Murayama which is locked in campaigning for the July 23 elections.

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. "We won't confirm or deny the report," an official for the nation's biggest automaker said. "It is speculation." However, the official said Toyota would shortly announce its revised plan for the year, although "no concrete figures have been decided" yet.

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. On June 22, 1995 I intentionally visited Fatahillah Museum in Kota, Jakarta only to find that the condition of the museum was saddening. Many of the items are ruined or lost. The remaining collections are not properly taken care of.

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 experts, Juwono Sudarsono and Dewi Fortuna Anwar, see the restoration of ties, announced in Washington on Tuesday, as helping to redress the imbalance of power that exists between Southeast Asian nations on the one hand, and China on the other.

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. However, prices paid by buyers are on the way down since the government made car quotas non-transferable in an effort to curb speculation in quotas earlier this year.

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. They have formally charged Bondan Gunawan with holding a public gathering without an official permit. Under Indonesian law, he faces a maximum sentence of four years imprisonment if found guilty. Bondan, who hosted the seminar which featured an American scholar on Indonesia, R.

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. "I am disappointed with those using money to get positions," Mahathir said on Tuesday, indicating he would take steps by the weekend to fight "money-politics" in his United Malays National Organization (UMNO).

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. "There is a general trend for regional central banks to reduce their U.S. dollar holdings and increase their deutschemark and yen holdings because of greenback volatility," said Andy Tan, Singapore-based regional economist for U.S.

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. He said at a four-day Ministry of Agriculture workshop that the inefficiencies are caused by a lack of technology, the excessive use of artesian water and the high population density.

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. He did not put up much of a fight when the police team arrived. Probolinggo Police Chief Lt. Col.

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. Jaido director Takeshi Kuragaki and Richard Gordon, head of the agency working to convert the former US naval base at Subic into a freeport and light industrial zone, signed the agreement late Tuesday to set up a park for Japanese and other companies.

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. The official China Daily quoted an official of the People's Bank of China, the country's central bank, as saying a move to open more cities was under consideration along with plans to allow a greater number of foreign insurers.

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). Some 26 travel executives met with members of the Golkar faction in the House, including M. Diran, Ben Mesakh, Rotulong Lengkey and A.R.

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. A total of 11 teams from nine countries entered the international bridge meet scheduled to wind up on Sunday.

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. Moreover there was some technical buying at current levels," a trader at a commission house said. But traders said some players kept at the sidelines as they were closely watching the weather situation in India.

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. "Securities firms, which are affiliated with publicly-listed firms will still be allowed to operate," he said in his response to the House of Representatives' suggestions on the capital market bill.

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 million and Rp 2.7 million ($446-$1,200) to get employment at his company PT Agha Prindo Satria.

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. Kahar Haryopuspito, the association's executive director, said the waste from pulp mills using chlorine-dioxide or element chlorine-free (ECF) technology is far less dangerous than indicated by Robert Cartmel.

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. Last weekend, about 50 families joined hands to protest the illegal practice at the Grogol public cemetery in Kemanggisan, West Jakarta.

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. According to the official, the epidemic broke out in the neighboring villages of Sriamur, Srimukti, Satria Mekar, and Srijaya. Most of the victims were reported to be between one and 15- years-old.

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 traffic management is chaotic at present because it is handled by several separate agencies with poor mutual coordination.

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. Under the fund raising program, known as Rereongan Sarupi, launched three months ago, everyone in the province is expected to chip in Rp 100 a month to the campaign, which is being administered by the regents and mayors.

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. Titled "Rhythm for Friendship among Nations in the World," the festival will focus on contemporary Indonesian drum music, Franki Raden, the festival's artistic director said. Franki said that 12 Indonesian and four foreign musicians will present their latest works.

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. Eleven people from the Martoba subdistrict in Pematang Siantar mayoralty also asked for the House's protection against intimidation allegedly made by some local military officers.

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. The fire was believed to have started at a kiosk selling cakes. The owner apparently knocked down a candle and the fire quickly spread, according to a preliminary investigation.

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. As I see it, they have been asking this question because they feel that Muhammadiyah is no longer recognized by the public as a reformer in Indonesian Islamic education.

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 produced to help support the government's program on food self- sufficiency.

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 force and government institutions, as well as youth and other public organizations.

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. A visitor should be able to walk out of an exhibition and feel like he or she has learnt something new, acquired a different insight into a certain subject matter, or at best achieved an enlightenment on life.

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. "Time consuming license procedures have unnecessarily been adding greatly to the costs of infrastructure projects," the chamber's vice chairman, Iman Taufik, said yesterday at a seminar on infrastructure development.

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. Adna Isa said the investigation had been delayed because tension remained high among the villagers implicated in the fire, Antara reported. "Let the situation cool off first," Col.

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. Sumarlin, refused to name the six institutions where the fraud had taken place.