Indonesian Political, Business & Finance News

Archive: 23 August 1995

48 articles found

Jakarta Stock Exchange

Jakarta Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug.

New book on Jakarta Bay

New book on Jakarta Bay JAKARTA (JP): A book entitled "A map of the Jakarta Bay" will be launched today by Soefyan Tsauri, the head of the Indonesian Institute of Sciences (LIPI). The launching of the book, which contains up-to-date information on oceanic life in the bay in North Jakarta, is being held in conjunction with the 28th anniversary of the institute, Antara reported yesterday.

Clove trading monopoly fails to help farmers

Clove trading monopoly fails to help farmers JAKARTA (JP): The semi-private monopoly of Indonesia's clove trade, instituted in early 1991, has neither propped up the prices of the spice nor has it ensured reasonable earnings for farmers, economists said yesterday. "The Clove Stock Management Company (BPPC), as the monopoly is popularly known, should therefore be dissolved, as it has not served any economic objective," said economist Faisal Basri.

Flag burning

Flag burning The recently reported flag burning incident in Australia which has caused sadness and anger among Indonesians should be seen in context. Australia has its share of uninformed, its ignorant and politically mischievous. Every nation has. We believe that their voices must be heard even though we may not like their message. Australia holds Indonesia and its nationhood in great respect. We have pride in the small part Australia was able to play during the struggle for independence.

Medistra denies turning away AIDS patients

Medistra denies turning away AIDS patients JAKARTA (JP): The Medistra Hospital has denied charges that it discriminates against people suffering from the Acquired Immune Deficiency Syndrome (AIDS), but is keeping tight-lipped over claims that it has barred one of its medical interns from treating such patients. "We do not reject patients with AIDS," the hospital's spokesperson R. Widiati said yesterday. "We have never put them in isolated rooms. They are treated well here," she added.

'Yellownization' campaign criticized

'Yellownization' campaign criticized PURWOKERTO, Central Java: The military is trying to tone down the controversy surrounding the government's "yellownization" program, considered by many to be a covert campaign for the ruling Golkar party. The local government has been widely criticized for asking people to paint their houses and public facilities yellow, the color of Golkar. Chief of the regional military command Maj. Gen. M.

Alatas, Mierlo discuss human rights questions

Alatas, Mierlo discuss human rights questions JAKARTA (JP): Indonesian Minister of Foreign Affairs Ali Alatas and his Dutch counterpart Hans van Mierlo discussed human rights during their meeting on Monday, according to a joint statement issued by the two ministers yesterday.

Surabaya hosts karate c'ship

Surabaya hosts karate c'ship JAKARTA (JP): More than 400 karateists from Indonesia's 27 provinces will kick and punch each other at a national championship from Aug. 24 to Aug. 27 in Surabaya. "Provinces whose male karateists finish in the top eight and their female ones in the top four will be eligible to compete in all the karate events contested in the upcoming National Games," secretary-general of the Indonesian Karatedo Federation G.A. Pesik said in Surabaya yesterday.

Palembang hosts rally c'ship

Palembang hosts rally c'ship JAKARTA (JP): Leading national rally driver, Hutomo Mandala Putra, and his navigator Nuki will be among top drivers to compete in a national rally starting on Aug. 25 in Palembang, South Sumatra. In addition to Hutomo, President Soeharto's youngest son, who currently ranks first with 20 points, other national rally drivers such as Dolly Indra Nasution and his navigator Farid Sungkar will also participate.

Takeover fever grips Singapore bourse

Takeover fever grips Singapore bourse SINGAPORE (Reuter): Takeover fever is sweeping the Singapore stock market following a spate of purchases of small local firms by Indonesian entrepreneurs, dealers said yesterday. With a stagnant market in blue chips, many traders are trying to spot the next takeover target from among the scores of second- line securities listed on the Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ).

Beatrix urged to apologize to Indonesians

Beatrix urged to apologize to Indonesians JAKARTA (JP): A noted Dutch scholar is calling on Queen Beatrix of the Netherlands to use her current 11-day tour of Indonesia to apologize for the Dutch atrocities in this country, particularly those that took place between 1945 and 1950.

Australian ambassador receive NGO members

Australian ambassador receive NGO members JAKARTA (JP): Five representatives of NGOs were received by Australian Ambassador Allan Taylor yesterday over the flag- burning incidents, an embassy official said. Embassy spokesman John Milne told The Jakarta Post that the ambassador reiterated that the Australian government regretted the incidents and understood the sensitivities of Indonesians.

Public debates needed

Public debates needed Minister of National Development Planning/Chairman of the National Development Planning Board Ginanjar Kartasasmita in his speech on the occasion of accepting an honorary doctor's degree in development administration from Gajah Mada University in Yogyakarta on April 15, said that all public policies which have an extensive impact on the welfare of many should be transparent and beneficial to the people at large.

'Australia allowed to join ASEAN'

'Australia allowed to join ASEAN' CANBERRA (Reuter): Australia's push for greater involvement in Asia was boosted yesterday when Philippines President Fidel Ramos said Canberra could be allowed to join the Association of Southeast Asian Nations (ASEAN). "Australia coming into ASEAN is something that must be considered very carefully by Australia and ASEAN," Ramos told the National Press Club in the Australian capital, Canberra.

Cilacap regency seeking new investors

Cilacap regency seeking new investors JAKARTA (JP): The administration of the Cilacap regency, Central Java, launched a business presentation yesterday to attract more investors to the area.

Soeharto to attend 'Majelis Taklim'

Soeharto to attend 'Majelis Taklim' JAKARTA (JP): President Soeharto is scheduled to attend a grand religious presentation of Majelis Taklim, a Moslem study group sponsored by the Majelis Taklim Contact Bureau, at Senayan stadium on Saturday morning, a member of the organizing committee said. The presentation is one of 30 events being held in Jakarta to commemorate the 50th anniversary of Indonesia's independence.

Execution awaits two political prisoners

Execution awaits two political prisoners JAKARTA (JP): Minister of Justice Oetojo Oesman said yesterday that two political prisoners on death row, convicted for their roles in the 1965 coup attempt blamed on the Indonesian Communist Party (PKI), will be executed in the near future. "Two political prisoners, who were convicted to death for their involvement in the PKI's 1965 abortive coup, will be executed," he told reporters yesterday. However, he declined to identify them.

Writing contest extended

Writing contest extended JAKARTA (JP): A writing contest on the discipline campaign being staged by the city administration, originally scheduled to end on Aug. 20, will be extended until Sept. 10. "The extension of the contest is expected to get more input from the public about the implementation of development programs in Jakarta," said K.

Cuba spikers likely to dominate volleyball GP

Cuba spikers likely to dominate volleyball GP JAKARTA (JP): World champion Cuba arrived yesterday for the Women's World Volleyball Grand Prix championship, parading its all-conquering spikers in a bid to maintain its winning tradition. Buoyed by their triumph in the championship's opening leg in Honolulu last week, the Cubans look invincible to spike their way to a double here. "We are in our best shape to win the tournament here," Cuban coach Eugenio George said through his interpreter.

Businessman's killers get 20, 15 years' jail

Businessman's killers get 20, 15 years' jail JAKARTA (JP): The North Jakarta District Court sentenced two men yesterday to 20 years and 15 years imprisonment, respectively, after convicting them of murdering a businessman. Handing down the sentence, Justice Sumardjono said that Agiono Safran, 44, and Sudartono, alias Atok, 46, had been found guilty of murdering businessman Darmansyah Sujadi, alias Nyo Beng Seng, in April last year.

Spectacular show on 'SCTV'

Spectacular show on 'SCTV' JAKARTA (JP): A spectacular show, called Gelar Terima Kasih which features a mixture of traditional and modern art forms, will be the highlight of the private-owned TV station SCTV's fifth anniversary on Aug. 27. The show, which will present Elfa Seciora's Big Bands, singers Harvey Malaiholo and Ruth Sahanaya as well as hundreds of singers and dancers, including some from South Korea and India, will be broadcast live from 7:30 p.m.

Bintang makes headway in lawsuit against state

Bintang makes headway in lawsuit against state JAKARTA (JP): Controversial politician and ousted legislator Sri Bintang Pamungkas yesterday made little but significant headway in his lawsuit against the government for slapping a ban on overseas travel. "The court has accepted the lawsuit, but it asked for some editorial corrections," Bintang told reporters after the first hearing of his case at the Jakarta Administrative Court.

Chief Justice endorses plan for mediation system

Chief Justice endorses plan for mediation system JAKARTA (JP): Chief Justice Soerjono yesterday gave his personal backing to the calls to establish an Alternative Dispute Resolution (ADR) system to supplement the courts of law in resolving disputes. Soerjono in his written speech at a law seminar said the ADR, which proposes the use of mediation to settle out of court, could significantly ease the burden of the Supreme Court in hearing appeal cases.

'Beatrix need not apologize'

'Beatrix need not apologize' JAKARTA (JP): Although one influential scholar has expressed disappointment over the absence of any formal apology in the speech of Queen Beatrix of the Netherlands on Monday, most statesmen, politicians and scholars say the queen's presence in Indonesia in the month of August goes far enough towards recognizing Indonesia's independence as dating from Aug. 17, 1945.

De Cuellar, Naisbitt to talk on tourism

De Cuellar, Naisbitt to talk on tourism YOGYAKARTA (JP): Former UN secretary-general Havier Perez de Cuellar and futurist John Naisbitt will address a three-day International Conference on "cultural tourism" at Gadjah Mada University here, which begins today. The conference, organized by the Indonesian-Swiss Forum on Culture and International Tourism, intends to focus discussion on community-based tourism development.

Batik Keris factory on fire

Batik Keris factory on fire SURAKARTA, Central Java: Fire broke out at the Batik Keris garment factory on Monday, reportedly causing substantial damage and slight injuries to four workers. The Antara news agency reported yesterday that the fire, which broke out at about 9.30 a.m. and was extinguished at 12 p.m., affected several buildings, though losses have yet to be estimated.

'Let government solve wheat issue'

'Let government solve wheat issue' Bogor, West Java (JP): Sudwikatmono, president of PT Indofood Sukses Makmur, said here yesterday that he will not get involved in the current wheat trading debate and will let the government deal with the issue. "Everything is in the government's hands.

Four die in Sulawesi floods

Four die in Sulawesi floods POSO, Central Sulawesi: Four people were killed in major floods that swept through the province on Sunday, a press report said yesterday. The floods triggered by incessant rains also destroyed a bridge connecting the Banggai and Poso regencies, cutting off the land transportation between Poso and Luwuk. Dozens of houses in the Balinggara district were inundated, Antara reported.

Assets

Assets Correction: The estimated assets of Eka Tjipta Widjaja, Prayogo Pangestu and Mochtar Riyadi should have read Rp 18 trillion, Rp 16 trillion and Rp 12 trillion, respectively, not in billions as printed in the article "Economic growth and poverty" on this page yesterday. -- Editor

Plywood prices

Plywood prices In your edition of Saturday, Aug. 12, 1995, in the Business Column entitled Plywood exports tumble due to declining prices, among others you wrote that "Tjipto said that APKINDO spent a large amount of money to cooperate with the Mexicans," ...etc. Without any further elaboration, we are afraid that it could mislead and create negative interpretation among the readers. To put the issue in the proper position, therefore, allow us to clarify that the above mentioned statement of Mr.

Cheap apartments in Muara Angke

Cheap apartments in Muara Angke JAKARTA (JP): President Soeharto is scheduled on Friday to inaugurate low-cost apartments for fishermen in Muara Angke, North Jakarta. Minister of Social Services Endang Kusuma Inten Suweno told reporters after meeting with the President at the Merdeka Palace on Monday that the facilities, which constitutes a donation from Dana Gotong Royong Kemanusiaan Foundation, consists of five blocks, each with 16 apartments.

Spratlys divide China, ASEAN

Spratlys divide China, ASEAN Following China's surprise bold announcement to the ASEAN foreign ministers in Brunei earlier this month, that it would follow the convention in the UN Law of the Sea over the Spratlys, Beijing has further offered an olive branch to the Philippines. Last week, the two countries agreed to set up expert panels to discuss the legal bases for their conflicting claims in the South China Sea.

Govt to keep ET code in database system

Govt to keep ET code in database system JAKARTA (JP): The government's insistence on maintaining the ET (ex-political prisoner) code in the population management system's database has drawn fire from a prominent human right activist. Abdul Hakim Garuda Nusantara said yesterday that the policy reflected the government's reluctance to change its discriminatory policy on former political detainees linked to the outlawed Indonesian Communist Party.

Ali Alatas's complaint

Ali Alatas's complaint Indonesian diplomats should be more articulate in defending their country's interests abroad and not be merely reactive. They should not limit themselves to analyzing developments and reporting on criticism hurled at Indonesia abroad, but be more assertive and proactive.

Local language campaigns for billboards go on

Local language campaigns for billboards go on JAKARTA (JP): The crackdown on billboards and other signs using foreign words will continue next week after being suspended for several days during the official celebration of the 50th anniversary of Indonesia's independence.

Indonesia's non-oil exports recover: Minister

Indonesia's non-oil exports recover: Minister JAKARTA (JP): The rate of growth of Indonesia's non-oil exports, which declined sharply in 1994, has seen a recovery in the first few months of this year, Minister of Trade Satrio B. Joedono said yesterday. "The country's non-oil exports during the first quarter of this year increased by 20.8 percent over the same period of last year," he said at the opening of a three-day export forum.

Fishermen held in Sri Lanka

Fishermen held in Sri Lanka PURWOKERTO, Central Java: At least 19 fishermen from Pati and Pekalongan have been detained by security authorities in Sri Lanka on charges of poaching in their territory. The Pekalongan port administrator, Abdulrochim, said yesterday that the fishermen left early this month on the Mandala Duyung boat for the Indian Ocean. He has yet to find out from the Sri Lankan authorities if the boat had been adrift or was intentionally infringing on their territory.

Jakartans to use new ID cards by early next year

Jakartans to use new ID cards by early next year JAKARTA (JP): City administration will start implementing a new type of identity card early next year, a high-ranking city official announced yesterday. Deputy Governor for Government Affairs Idroes said that first, city administration should provide some additional equipment, such as computer hardware, and make an adjustment to the current regulations on identity cards.

Unemployed men arrested for beating friend to death

Unemployed men arrested for beating friend to death JAKARTA (JP): Police in Tebet, South Jakarta, have arrested five men, aged between 16 and 23, on charges of causing the death of a member of their own group of friends after the victim lost a drinking competition. City Police Spokesman Lt. Col. Bambang Permantoro said yesterday that two other suspects, members of the same group, are still at large.

Govt prepares measures to promote investment

Govt prepares measures to promote investment JAKARTA (JP): The government is preparing special measures to improve the business climate, to attract more investment, so that the investment target of Rp 815 trillion (US$360.3 billion) can be achieved within the Sixth Five Year Development Plan period.

Wal-Mart to enter RI

Wal-Mart to enter RI JAKARTA (JP): Another foreign retail business will enter Indonesia through a franchising mechanism. Wal-Mart Stores Inc. of the United States announced yesterday that it will enter Indonesia early next year following the signing of an agreement between Wal-Mart Stores and the Lippo Group of Indonesia in Bentonville, Arkansas, the United States, last week.

Cooperatives help potato farmers

Cooperatives help potato farmers JAKARTA (JP): The Indonesian Cooperatives Council (Dekopin), in cooperation with the Canadian Cooperatives Association, will help potato farmers improve their management in production, distribution, financing and marketing, an executive said. Dekopin's director for business networks, M.C.

Indonesia yet to see triumph of people's rights

Indonesia yet to see triumph of people's rights By T. Mulya Lubis JAKARTA (JP): Literature about people's rights contain many debates on individual rights, rights of groups, rights of the state and rights of the people. Most often debated are, indeed, individual rights. However, nowadays debates concerning group rights are often held, in particular on the rights of minority groups, also women's rights, children's and workers' rights.

Debunking Dutch colonialism

Debunking Dutch colonialism By Onghokham JAKARTA (JP): It is perhaps a good idea to do some reminiscing on colonial history on the occasion of the Dutch Queen's visit to Indonesia. It is at least a good idea for one in his early 60s and once a subject of the late Queen Wilhelmina, queen Beatrix's grandmother, to dwell upon it. Perhaps it can help put several things right.

Flag burning insults people

Flag burning insults people My heart ached profoundly when I watched, on TV, the Red-and- White flag burning incident in Australia, the scribbling in the Philippines, and when I learned of a similar incident in New Zealand. I felt like I had been struck dumb, not even being able to murmur a few syllables. Don't they know how Indonesians feel about their flag? I recall the times when I was still in Elementary, Junior and Senior High Schools.

Meekatharra buys RI project

Meekatharra buys RI project SYDNEY (Reuter): Meekatharra Minerals Ltd. said it has agreed to buy out the 52 percent stake held by its partner, Aurora Gold Ltd., in Indonesian gold mining firm Natarang Offshore Pty. Ltd. Natarang owns 85 percent of a mining contract covering 810 square kilometers in South Sumatra. The contract includes the Way Linggo North Vein gold and silver project.

Wage increase for independence

Wage increase for independence JAKARTA (JP): PT Tensia manufacturing Indonesia, a foreign investment company, has decided to raise the wages of its 350 workers 2.5 to 10 percent next month. Pangestu Hartono, an executive of the company which deals with the services in the manufacture of cosmetic products, said yesterday that the wage increase will be conducted on a sliding scale basis in which those with the highest level of salaries get the least increase.

Mayor wants control over development intensified

Mayor wants control over development intensified JAKARTA (JP): The City Council has instructed the South Jakarta mayor to get control of development in the South Jakarta mayoralty and to cut back on the threats of demolition. Helmy AR Syihab, the chairman of the council's Commission C which oversees financial affairs, said yesterday that the large number of demolition letters issued by the mayor indicates that building control is still lax in the mayoralty.