Indonesian Political, Business & Finance News

Archive: 10 August 1995

52 articles found

Cleaning up Jakarta

Cleaning up Jakarta JAKARTA (JP): Mandarin Oriental Jakarta is holding a campaign to clean up Surapati Park and Sunda Kelapa Mosque in Central Jakarta on Saturday. The activity, to involve 50 of the hotel's workers, is being conducted in conjunction with the commemoration of the golden anniversary of Indonesia's independence. The 50 workers are grouped in a green task committee which is active in the environment, especially in the vicinity of the hotel. (hhr)

Wall climbing competition

Wall climbing competition JAKARTA (JP): The City Tourism Office will hold a wall climbing competition at the site of the Flora and Fauna Competition in Lapangan Banteng, Central Jakarta, from Aug. 11 to 13. Hariyanto Badjoeri, an official of the office, said on Tuesday that the competition, held in cooperation with a number of related institutions, including the City Park Office and Pemuda Pancasila Youth organization, is designed to raise the number of tourist attractions in the city.

Perumnas to use confiscated wood

Perumnas to use confiscated wood JAKARTA (JP): Perum Perumnas, the state-owned housing developer, is still waiting for government instructions authorizing them to use wood confiscated from illegal logging in the construction of low and medium-cost public housing, said its president, Srijono. "We are still waiting for further instructions from the office of the State Minister of Public Housing," he told reporters here earlier this week.

Intellectual group seeks top leader

Intellectual group seeks top leader JAKARTA (JP): A new intellectual organization founded last month by lecturers at General Soedirman University in Purwokerto, Central Java, is looking for a leader of national stature in line with its goal to expand beyond its campus borders.

ASEAN symbol to get a new face due to Vietnam

ASEAN symbol to get a new face due to Vietnam JAKARTA (JP): The Association of Southeast Asian Nations (ASEAN) will need to change its symbol to accommodate the entry of its seventh member, Vietnam, which joined last month. ASEAN Secretary General Dato' Ajit Singh disclosed on Tuesday that a competition will be held which will be opened to all in ASEAN countries to design a new emblem because the present one no longer reflects the composition of the group.

City Council abjures parking management plan

City Council abjures parking management plan JAKARTA (JP): City Council has rejected a proposal on parking management by PT Ikabina Karya Sukses, on the grounds that the idea contains several weaknesses, including elements of gambling and poor services. "The company's concept of parking management is substantially weak from various aspects," secretary of the Indonesian Democratic Party faction of the council, Romulus S. Sihombing, told reporters at his office on Tuesday.

Scientists mixed on tests...

Scientists mixed on tests... By Sujatmiko Jakarta (JP): France's decision to resume its nuclear testing in South Pacific is a symbol of continued French arrogance and disregard on the life of other peoples. France is also neglecting the international community's protest on the nuclear test scheduled to resume next month. Demonstrations staged worldwide suggest that the decision goes against the recently concluded Nuclear Non-Proliferation Treaty.

Pressure up on France over nuclear tests

Pressure up on France over nuclear tests SYDNEY (AFP): Japan and Australia stepped up their war of words with France yesterday after it shrugged off a New Zealand threat to go to the international court over its planned South Pacific nuclear test program. Japanese Foreign Minister Yohei Kono warned France's decision to resume nuclear tests next month might harm bilateral links. "France is one of the European countries which have a long relationship with Japan," he told reporters.

INRO raises reference price by five percent

INRO raises reference price by five percent KUALA LUMPUR (AFP): The International Natural Rubber Organization (INRO) Tuesday raised its buffer stock reference price by five percent to 206. 68 Malaysian/Singapore cents a kilogram (2.2 pounds) at a special session here. "The upward revision should bode well for the market and be an encouragement to producers," INRO buffer stock manager James Hegarty told reporters after the half-day meeting.

Arab to finance RI projects

Arab to finance RI projects RIYADH (AFP): The Arab investment firm Hi-Tech International Group said it would finance the construction of two oil refineries in Indonesia and one in Djibouti for a total cost of US$3.4 billion. This will be group's first investment since it was founded in 1992 by wealthy businessmen from the Gulf states, Lebanon and Egypt, said the vice president of the group, David Feille, an American.

German MPs concerned at Bintang case

German MPs concerned at Bintang case JAKARTA (JP): The head of a visiting German parliamentary delegation has expressed discontent with the legal action against former legislator Sri Bintang Pamungkas for his remarks about President Soeharto during his visit to Germany in April. "We have conveyed our views on the matter. We actually deeply regret that it could have happened," Karl-Heinz Hornheus told journalists through his interpreter here Tuesday evening.

Kramat Tunggak hookers to get three-day holiday

Kramat Tunggak hookers to get three-day holiday JAKARTA (JP): The Jakarta administration has ordered prostitutes in the Kramat Tunggak red-light district in North Jakarta to stop working between Aug. 17 to 19 during Indonesia's independence celebrations, an official said. Chief of the city's rehabilitation project for prostitutes, M. Sihombing told The Jakarta Post on Tuesday there would be no lascivious activity during these three days.

Beijing assures Manila of positive talks on Spratlys

Beijing assures Manila of positive talks on Spratlys MANILA (AFP): China yesterday assured the Philippines it was willing to discuss "constructive measures" to resolve a dispute over the Spratly islands as the two sides began high-level talks here, the Philippine foreign secretary said. Foreign Secretary Domingo Siazon said both panels were expected to set aside the thorny issue of sovereignty over the island chain and focus instead on joint development and ways to enhance goodwill.

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.

...but protests keep going on

...but protests keep going on JAKARTA (JP): Protests against the French nuclear testing program at Mururoa atoll, French Polynesia, are not new. Similar protests and acts of sabotage have been conducted since the beginning of the tests but the results have been almost zero in terms of influencing the French government to stop the testing program.

Motive of Bekasi rape still under study: Police

Motive of Bekasi rape still under study: Police JAKARTA (JP): Police announced on Tuesday that there has been no indication that the robbery and brutal rape of a mother and her two teenage daughters in Bekasi might have been masterminded by a property developer. "So far, we have only found strong evidence, and obtained confessions, that the 11 suspects allegedly robbed and raped the victims," National Police spokesman Brig. Gen. IK Ratta told reporters during a weekly meeting at his office.

S. Korean champ nips local stars

S. Korean champ nips local stars JAKARTA (JP): South Korean basketball league champion KIA Motors warded off a stiff challenge from local stars for a lackluster 66-60 win in a friendly match at the Senayan Basketball Hall on Tuesday. Even with their height advantage, the South Koreans were forced to stretch in the first half. They managed only a two- point gap at 36-34 before the break.

Rp 500b earmarked for infrastructure

Rp 500b earmarked for infrastructure JAKARTA (JP): The Ministry of Forestry will set aside Rp 500 billion (US$224.6 million) from the interest on its reforestation fund to finance the construction of the infrastructure facilities needed to create new rice fields in Central Kalimantan.

Indonesia accused of dumping dry pasta

Indonesia accused of dumping dry pasta JAKARTA (JP): Three Australian dry pasta companies accused Indonesia and Italy of having dumped their exports of dry pasta products into their country. The three companies, Nestle Ltd., San Remus Coy. and Uncle Toby's Ltd., said their products were taking a beating at local markets by the influx of much cheaper dry pastas from Indonesia and Italy.

Takeover of Bank Papan shares violates rules

Takeover of Bank Papan shares violates rules JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) Chairman Bacelius Ruru said Tuesday that the sale of around 22 percent of Bank Papan Sejahtera's shares to businessman Jopie Widjaya violated the agency's disclosure procedures. "Those involved in the deal would, therefore, be fined for the delay in reporting the deal to Bapepam," he told a routine press briefing.

New retail concept opens in Jakarta

New retail concept opens in Jakarta JAKARTA (JP): A new retail center, Kelapa Gading Mall in North Jakarta, will open this month, and is expected to draw the attention of international shoppers, Jakarta's large expatriate community and the city's wealthy Indonesians. The opening of the US$37.42 million facility will speed up Jakarta's intention to gain ground on its regional counterparts in the luxury retail industry: Singapore, Hong Kong and Bangkok.

Swines disarray football practice

Swines disarray football practice PEKANBARU, Riau (JP): A herd of swines overran a soccer field, where villagers were practicing for the much-coveted Independence Cup, and killed one player, a report said yesterday. The scrimmage in the Indragiri Hulu district turned into chaos when spectators and players teamed up and charged the rampaging beasts coming from nearby bushes.

Four held on assault charges

Four held on assault charges JAKARTA (JP): The Ciracas police detectives in East Jakarta have arrested all of the four suspects believed to have severely battered three women early last week. City Police spokesman Lt. Col. Bambang Permantoro told reporters on Tuesday that the four suspects, all of whom are university students, were arrested on Monday afternoon in Jambi, Sumatra, after they tried to elude the police.

Colin McRae seeking third straight win

Colin McRae seeking third straight win KUALA LUMPUR (AFP): Colin McRae will seek a third straight win in the Asia-Pacific championship when he takes his Subaru into the Malaysian rally on Saturday. In the race for the driver's title, the Scot's 100 percent record has opened up a 17 point gap between him and Sweden's Kenneth Eriksson. Wins in Indonesia and New Zealand have given the team a 23 point lead at the top of the manufacturers' table ahead of Mitsubishi, Toyota and Ford.

Singapore thumps chest on 30th anniversary

Singapore thumps chest on 30th anniversary SINGAPORE (AFP): Singapore yesterday celebrated 30 years of independence with a chest-thumping display of patriotic fervor and economic triumph, tinged with nagging doubts about its long- term future. The multiracial city-state of three million people was awash in red and white flags as thousands thronged the central Padang parade grounds to attend an evening extravaganza highlighting the republic's rise to developed status.

Pyongyang spurns Seoul's overtures

Pyongyang spurns Seoul's overtures SEOUL (Reuter): North Korea has shelved rice talks with the South, accusing a sailor on a South Korean rice ship of spying, Seoul's Vice-Unification Minister Song Young-dae said yesterday. North Korea watchers in Seoul said Pyongyang was spurning a bid by South Korea to achieve a breakthrough in relations by providing emergency rice aid to the communist state.

PT Astratel allocates $228m for telecom project

PT Astratel allocates $228m for telecom project JAKARTA (JP): PT Astratel Nusantara, a subsidiary of the Astra International group, has allocated US$228 million for its equity capital in a project to install 516,000 fixed-telephone lines, worth $570 million, in Sumatra within the next four years. The company's president, Thomas B.

Manipulating invoices

Manipulating invoices The submission to the Attorney General's Office of dossiers on 51 companies in Greater Jakarta charged with tax fraud by the tax directorate general last week, is more evidence of the extensive use of false or fabricated sales invoices in Indonesia. Tax Director General Fuad Bawazier charged the companies with manipulating invoices to get larger value added tax refunds from the government.

Jakarta asked to probe death

Jakarta asked to probe death PALANGKA RAYA, Central Kalimantan: A former Antara journalist has asked National Police Chief Gen. Banurusman Astrosemitro to look his daughter's death, which occurred under unusual circumstances. J.F. Nahan refuses to accept the local police verdict that there was no foul play in her death and that she had committed suicide, Antara reported. His daughter, Estrellita Novrisanty, was found dead at the end of May at the home of her boyfriend.

Yen drop no instant remedy for RI depts

Yen drop no instant remedy for RI depts JAKARTA (JP): State Minister for National Development Planning Ginandjar Kartasasmita said Tuesday the slight appreciation of the U.S. dollar against the Japanese yen will have no immediate impact on Indonesia's debt servicing burdens. "The government has yet to calculate its impact. We are still waiting for a further development of the two currencies," he told journalists.

RP seeks protection for maids in Singapore

RP seeks protection for maids in Singapore MANILA (Reuter): Singapore and the Philippines will confer this month on how to protect the 65,000 Filipinos, mostly maids, working in Singapore, Philippines Foreign Secretary Domingo Siazon said on Tuesday. Officials said the Philippines wanted to prevent repetition of the controversy over Singapore's execution of Filipina maid Flor Contemplacion, after which Manila withdrew its ambassador.

German gets 17 years for murder

German gets 17 years for murder MANILA (AFP): A German resident of the Philippines was jailed for 17 years in Manila for the murder of a Filipina prostitute two years ago, a lower court said yesterday. Helmut Bister, 41, an electrical engineer from West Fahren, Germany, was found guilty of the beating death in 1993 of Eleanor Fabiosa, 18, whose body was found stuffed under a motel mattress. Bister had told the court he killed the woman in self-defense after she attacked him with a broken bottle.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 8, 1995: Trading Shares Close Change Volume --------------------------------------------------------- Ades Alfindo 2,350 0 0 AHAP Insurance 3,300 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 2,050 -25 51,000 Aneka Kimia Raya 6,400 0 0 Anwar Sierad 1,375 25 92,000 Aqua Golden Mississippi 2,800 0 0 Argha Karya Prima Industry 1,875 0 127,000 Argo Pantes 2,500 0 7,000 Asiana IMI Indusrties 850 0 0 Aster Dharma Industry...

TV today

TV today TVRI 2:30 p.m. TV Series: Stories To Remember 3:05 Culture Program 3:30 TV Series: Harapan Nan Sirna 4:30 Women's Program 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: Detik-Detik Proklamasi 10:55 Late News 11:05 Sports Program 2 4:30 p.m.

Sikap secures power deal

Sikap secures power deal KUALA LUMPUR (AFP): A Malaysian consortium comprising Sikap Group, national power firm Tenaga Nasional and Renong Bhd. are to build a 24-billion-ringgit (US$9.6 billion) power plant at Bukit Asam, Indonesia, company officials said. Sikap Group chief executive Zainal Osman said a memorandum of understanding had been signed between the Malaysian companies and the Indonesian partners Latif Corp.

Activists to cite reproductive rights at Beijing meeting

Activists to cite reproductive rights at Beijing meeting JAKARTA (JP): Indonesian women activists are preparing to campaign for women's reproductive rights at the United Nations Conference on Women in Beijing next month, though they hope to steer clear of the issue of sexual rights.

Tax break for new mining contractors

Tax break for new mining contractors JAKARTA (JP): The government will reduce income tax on new mining contractors operating under sixth generation work contracts to a maximum of 25 percent, lower than the current highest rate of 30 percent. "We hope the ruling on the tax incentive will be issued by the finance ministry by end of this month," Director General of General Mining Kuntoro Mangkusubroto said.

ASEAN's future

ASEAN's future The annual round of ASEAN foreign ministers' meetings has become such a complex event that it is sometimes difficult to sort out the important bits from the details. In some respects this year's meetings appeared bland, but on a handful of important issues, ASEAN has taken significant steps toward further future change. The most obvious achievement in historical terms was the formal admission of Vietnam as ASEAN's seventh member.

ET code removal hailed

ET code removal hailed JAKARTA (JP): The government's decision to remove the Eks Tahanan-politik (ET) code from the identity cards of former political detainees has gained support from various circles.

Post office needed

Post office needed It is nice to have a new building at Sudirman Central Business District on Jl. Sudirman, South Jakarta. The building, which more than 30 floors, is situated exactly opposite the Jakarta Hilton International Hotel, to the left of Kodak (Jakarta Metropolitan City Police Office) and to the right of Bapindo Center.

New spinning mill built in C. Java

New spinning mill built in C. Java JAKARTA (JP): PT Adikencana Mahkotabuana has started constructing a Rp 30 billion (US$13.4 million) spinning mill in Weru village, Central Java. The company's president commissioner, Muhammad Lukminto, was quoted by Antara as saying that the new mill will have a production capacity of 3,000 bales of yarn a month and will employ 1,000 workers. The mill, he said, is scheduled to be completed in eight months and will use spindles from China and the United States.

Five Swedes questioned

Five Swedes questioned JAYAPURA, Irian Jaya: The Swedish embassy in Jakarta has appealed to the police in Irian Jaya to speed up the investigation of five Swedes accused of illegally catching butterflies in the province. Antara news agency reported that the embassy's charge d'affaires, H. Jansens made the appeal because the five are fast running out of funds due to the prolonged investigation.

Disco frequenters not all bad

Disco frequenters not all bad JAKARTA (JP): The majority of young people who frequent Jakarta's discotheques are not as bad as the local media often stereotype them, an official survey says. Most are there for the atmosphere, to meet acquaintances, or to make new friends, have a few drinks and listen to the music. They also find discotheques a place for self expression that help them find an identity.

Preparing for a bigger role

Preparing for a bigger role Today (Tuesday, Aug. 8) ASEAN enters its 28th year of existence. When it was formed on Aug. 8, 1967, the world was living in a Cold War atmosphere. The strongest bond at that time -- although never explicitly stated -- was a common sense of belonging in the face of the communist threat represented by Vietnam and the People's Republic of China. The possibility of Vietnam coming under a communist regime aroused fear among the non-communist countries of Southeast Asia.

LIPI embarks on biodiversity project

LIPI embarks on biodiversity project JAKARTA (JP): The Indonesian Institute of Sciences (LIPI) has embarked on an ambitious project to exploit, develop and conserve Indonesia's huge biodiversity resources. Dedy Darnaedi, a scientist in LIPI's Research and Development Center for Biology, told reporters on Tuesday that the biodiversity collections project will be financed with a $7.2 million grant from the World Bank.

Elderly man dies in Buton fire

Elderly man dies in Buton fire KENDARI, Southeast Sulawesi: An 80-year old man was killed when a fire broke out in a mansion in Bau-bau, a city in Buton regency, in the early hours on Tuesday. Several other people suffered burns and were rushed to the hospital, Antara reported. The fire which hit the home of a local businessman identified as La Tamba was believed to have started from a short circuit. This is the second large fire to occur in Buton in the past month.

Businesses told to give the people a break

Businesses told to give the people a break JAKARTA (JP): Successful businesses should give people reasonable discounts on merchandise offered at the People's Market so that they can afford to buy the goods they need, a high-ranking city official said.

2,500 houses to be demolished

2,500 houses to be demolished JAKARTA (JP): Approximately 2,500 houses in South Jakarta will be demolished to make way for the construction of a 12-kilometer toll road between Pondok Pinang and Meruya. The houses to be demolished are in Pondok Pinang, Bintaro, Pesanggrahan, Petukangan Utara, Petukangan Selatan, and Ulujami.

Indo-Rama's profit doubles

Indo-Rama's profit doubles JAKARTA (JP): PT Indo-Rama Synthetics, a publicly-listed textile company, reported a 108 percent increase in its net profit during the first semester of this year to Rp 62.5 billion (US$27.9 million) from the same period of last year. The company said in a statement Tuesday that the high profit increase was attributed to the commissioning of its new polyethylene resin plant and the improved prices of its polyester products.

Semen Andalas will export its products

Semen Andalas will export its products JAKARTA (JP): PT Semen Andalas Indonesia, which suffered losses during the first seven months due to its increasing stockpile, will export 10,000 tons of cement a month, said the company's president, Martin R. Wilkes.

Jakarta manpower office sets up employment information center

Jakarta manpower office sets up employment information center JAKARTA (JP): The city office of the Ministry of Manpower has set up an employment information center to serve people who want to know about employment matters, including job opportunities in the city. Coordinating Minister for Security and Political Affairs Soesilo Soedarman, accompanied by Manpower Minister Abdul Latief, inaugurated the information center on Jl. Prapatan in Central Jakarta on Tuesday.

Water crisis hits Larantuka

Water crisis hits Larantuka LARANTUKA, East Nusa Tenggara: A clean water crisis has affected about 25,000 residents on Solor Island, about 10 kilometers south of here. Residents said Tuesday that water shortages have occurred every dry season since 1986, when a major well built by the local Catholic church in the 1960s was devastated by a lack of maintenance.