Indonesian Political, Business & Finance News

Archive: 28 August 1995

43 articles found

Funds for tsunami victims embezzled

Funds for tsunami victims embezzled SURABAYA, East Java: Police are following up on reports that a local businessman embezzled Rp 700 million (US$309,000) from the fund raised for last year's tidal wave victims. "We are in the process of collecting preliminary information," said Maj. Gen. Roesmanhadi, chief of East Java regional police, on Friday.

Squatters still refuse to move from Kapuk

Squatters still refuse to move from Kapuk JAKARTA (JP): Some 700 squatters in Kapuk subdistrict, West Jakarta, are still reluctant to move from the area despite repeated warnings from the West Jakarta authorities. Last week, the West Jakarta Public Order and Security Office issued another demolition order, requiring that the squatters immediately pull down their houses to make way for the construction of a housing complex. The authorities set Aug.

Ancient daggers on show

Ancient daggers on show SURABAYA, East Java: Around 100 krises, ranging between 150 years and 1,000 years old, are being exhibited at Mpu Tantular Museum until Aug. 29. The 1,000-year-old "Bethok Budha" dagger from the 9th century Airlangga Kingdom in Kediri is the oldest kris being exhibited. The 150-year-old "Damar Murup" from Sumenep regency is the youngest.

Sahwali Awards for Branta

Sahwali Awards for Branta JAKARTA: In line with its successes in a range of fields, PT Branta Mulia has so far collected four national-level awards from various institutions. In 1991, Branta received the Sahwali Award from the Indonesian Environmental Management and Information Center (PIPLI) for its success in efficient waste management at its tire-cord plant. PIPLI is a non-government organization specializing in environmental matters.

RP Moslem youths call for solidarity

RP Moslem youths call for solidarity JAKARTA (JP): A Philippines delegate at a gathering of ASEAN Moslem youths here calls for solidarity of Islam's younger generation in Southeast Asia, against what he calls "de- Islamization" in his country. "We are working against the strong tide of de-Islamization," said E. Morced N. Tagitis of the Islamic Da'wah Council of the Philippines, a federation of 82 Moslem organizations in that country.

Chicken slaughterhouse

Chicken slaughterhouse JAKARTA (JP): The largest chicken slaughterhouse in the country with a slaughtering capacity of 32,000 chickens per day will be built with an investment of Rp 17 billion (US$7.5 million) on a 10-hectare area in Salatiga, Central Java.

Pertamina to sign deal

Pertamina to sign deal JAKARTA (JP): State-owned oil company Pertamina will soon sign a new technical assistance contract with a foreign company for oil and gas exploration and production. "This will be the 14th production sharing contract this year," Zuhdi Pane, Pertamina's chief of foreign contractors coordination, told reporters here on Friday. He declined to mention the name of the company.

Ometraco, Siemens tie up

Ometraco, Siemens tie up JAKARTA (JP): PT Trafindo Perkasa, a subsidiary of the publicly-listed Ometraco Corporation, has signed a joint venture agreement with Siemens Aktiengesellschaft of Germany to manufacture fiber optic telecommunication cables. Ometraco announced here Saturday that the joint venture company, PT Siemens Kabel Optik, will have authorized capital of US$5.7 million, with paid-up capital of US$5 million.

PT Branta Mulia gaining excellence through quality

PT Branta Mulia gaining excellence through quality JAKARTA: Ten years old is quite young. Nonetheless, as the first and leading tire cord manufacturer in Southeast Asia, PT Branta Mulia is a mature establishment. With production bases in Indonesia and Thailand -- and later in Malaysia and the Philippines -- Branta Mulia has been penetrating overseas tire cord markets ranging from Japan in Far East Asia to Tanzania in Africa.

Strong earthquake jolts Flores

Strong earthquake jolts Flores JAKARTA (JP): A tectonic earthquake measuring 5.6 on the Richter Scale jolted Flores in East Nusa Tenggara yesterday but there were no immediate reports on damages or casualties, an official said. The earthquake occurred yesterday at 16 minutes past midnight. Its epicenter was located 110 km northeast of Ruteng, 1,550 km east of Jakarta, according to Jati Cipto Kuncoro at the Jakarta- based Meteorologic and Geophysical Center.

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.

South Sulawesi holds East Java

South Sulawesi holds East Java JAKARTA (JP): Home favorite East Java tied South Sulawesi 3-3 in the final group of the Under-15 soccer championship in Surabaya yesterday. The tie put both East Java and South Sulawesi into the next round at the expense of North Sumatra. All three teams collected two points from two draws, but the Sumatra side lost out in the goal difference. The attack-minded East Javanese dominated the first half, with Andi Sidharta scoring two goals to put his team 3-1 up.

No new private social sciences universities allowed

No new private social sciences universities allowed JAKARTA (JP): The coordinating office for Jakarta's private universities will freeze the establishment of new private universities with social science programs next month.

Branta benefits fishermen in Pelabuhan Ratu

Branta benefits fishermen in Pelabuhan Ratu PELABUHAN RATU, West Java: As the waves rush eagerly to Pelabuhan Ratu's pebbled shore, so the fishermen hasten to the town's fish auction center with their catches. The waiting fish traders from many different parts of West Java province welcome them as they reach the suddenly teeming center.

Houses for retired officers

Houses for retired officers MANADO, North Sulawesi: A great number of retired servicemen or their widows do not have houses of their own, a spokesman of the local chapter of the Indonesian Retired Armed Forces Servicemen said. W.E.R. Mokoagow said on Friday that only 600 of the chapter's 11,000 members have been able to buy houses through a housing loan program provided by the Ministry of Security and Defense.

City holds painting expo

City holds painting expo JAKARTA (JP): An exhibition featuring 50 paintings by 17 of Indonesia's most prominent painters from three generations will be held at Santi Gallery, South Jakarta, beginning today. The exhibition of the paintings which carry the theme "Barong Emas" is scheduled to be opened by Mrs. Sri Harmoko, wife of Minister of Information Harmoko, Mrs. Santi Dewi, the owner of the gallery and the chief organizer of the exhibition, told Antara on Saturday. "It will last through Sept.

Ministers to attend trade workshop

Ministers to attend trade workshop JAKARTA (JP): Four cabinet ministers and the central bank governor will present their keynote speeches at a three-day workshop of the Ministry of Trade, which is to begin today.

People told to buy local products

People told to buy local products JAKARTA (JP): Vice President Try Sutrisno called on Indonesians yesterday to love, buy, use and promote locally produced goods and services to enhance economic growth. "We all have to be proud of and love our own products, which represent Indonesia's identity and high culture," Try said while closing the 1995 Indonesian Product Exhibition at the Jakarta Fairgrounds.

ANERA postpones port surcharges

ANERA postpones port surcharges JAKARTA (JP): The Asia North America Eastbound Rate Agreement (ANERA) group of shipping lines announced over the weekend that it will postpone until Oct. 1 its threat to impose congestion surcharges on users of its services at the Tanjung Priok port. Chairman of ANERA, James T.Y. Chen, was quoted by Bisnis Indonesia daily as saying that the suspension was made following what ANERA members considered improvements in the port's services and facilities.

ISO certificate for Gizindo

ISO certificate for Gizindo JAKARTA (JP): PT Gizindo Prima Nusantara, a manufacturer of baby food, received Saturday an ISO 9002 quality certificate from SGS International of Switzerland. Gizindo's general manager, Andi Setiady, said the Swiss superintending company awarded the certificate after conducting an in-depth assessment in March and June.

Over 100,000 Jakartans watch national parade

Over 100,000 Jakartans watch national parade JAKARTA (JP): Over 100,000 Jakartans crammed the capital's main thoroughfares yesterday to catch a glimpse of a parade of colorful floats. By 7:00 a.m., the streets stretching from the staging area around the National Monument to Jl. MH Thamrin and Jl. Jendral Sudirman were filled with people. Jakartans swarmed the sidewalks, climbed bus shelters, packed pedestrian bridges and took over high rise buildings to get a view of the floats.

Resettlers isolated by floods

Resettlers isolated by floods POSO, Central Sulawesi: As many as 964 resettled families in the Longge and Dataran Bulan transmigration units have been isolated in the jungle by floods for a month. Head of the local office of the Ministry of Transmigration, Almudjir Gani, told Antara on Friday that he could not reach the location because of a flood he claims covers 40 km of the access road. Food and supplies can't be transported by land because a bridge was also damaged, Gani said.

Dutch Royal family in Balikpapan

Dutch Royal family in Balikpapan JAKARTA (JP): The Dutch Royal Family, currently on an 11-day state visit to Indonesia, continued their tour of the former Dutch colony yesterday in Balikpapan, a regency in East Kalimantan province. Queen Beatrix, her husband, Prince Clause, and their son, Crown Prince Willem Alexander, attended a church service delivered in Dutch in Manado, the provincial capital of North Sulawesi, before heading to Balikpapan, Antara reported from Manado yesterday.

Daiwa Bank

Daiwa Bank We refer to the article Foreign banks plan more loans to RI, which was published in your newspaper Aug. 25, 1995. We would like to re-affirm that the remarks quoted in your article were not raised by The Daiwa Bank, Limited. Please be informed that Ong Choon Hong, mentioned therein, is a woman, and not a man. Moreover, she did not discuss with you the issue raised. We would also like to reiterate that it is our bank's policy that all press releases must obtain our prior authorization.

Environment

Environment I would like to comment on Ms. Royo's public relations (Your letters, The Jakarta Post, Aug. 12, 1995). Tackling a complex issue such as environmentalism within the limited space that The Jakarta Post cedes us to expose our ideas is tough. (Greenpeace types have half a page every week).

Asian marts in limelight: S'pore aide

Asian marts in limelight: S'pore aide SINGAPORE (Reuter): The search for alternatives to mature markets in developed countries is boosting the newer markets of Southeast Asia, a senior Singapore economic official said on Saturday.

Aids claims fifty lives here

Aids claims fifty lives here JAKARTA (JP): Coordinating Minister for Social Welfare Azwar Anas said over the weekend that 50 people have died of AIDS in Indonesia and 77 others are registered as suffering from the deadly disease. There are 316 HIV infected people scattered over 15 provinces, he said.

Stock prices almost stable

Stock prices almost stable JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) closed mixed across the board last week, amid generally weak market sentiment. The JSX Composite Index closed the week at 500.60, falling by only 0.1 points from the week's opening of 500.65. The market traded through a narrow trading range last week, almost having fallen below the psychological support level of 500 at the close of the preceding week.

Hospital urged to clarify statement on AIDS case

Hospital urged to clarify statement on AIDS case JAKARTA (JP): The government regrets the ambiguous statement Medistra hospital recently issued about an AIDS case, an official said. Fahmi Saifuddin, assistant to the State Minister for People's Welfare for health, religious affairs, population and the environment, told the press over the weekend that clearer information is needed to solve the problem. The private hospital has reportedly discriminated against AIDS patients and barred Dr.

Pakpahan launches critical book

Pakpahan launches critical book JAKARTA (JP): The recently-freed leader of an independent trade union, Muchtar Pakpahan, called on the Armed Forces (ABRI) to take a neutral stance and withdraw its support for the ruling political grouping Golkar.

Philippines teaches migrant brides survival techniques

Philippines teaches migrant brides survival techniques An increasingly worried Philippine government is arming Filipina migrant brides with advice on how to survive married life abroad. Johanna Son of Inter Press Service reports. MANILA: As newly-marrieds or brides-to-be, the women sitting in a government office in Manila one sunny day perhaps expected to be regaled at least some stories of wedded bliss.

Saddam Hussein's fort is cracking

Saddam Hussein's fort is cracking By Riza Sihbudi JAKARTA (JP): Saddam Hussein's grip on power, which apparently was as solid as ever following the 1991 attack by the Allied coalition forces, now seems to be crumbling. The indication comes from the defection of his two sons-in-law Kamel Hassan and Saddam Kemal Hassan and their families and supporters, who obtained political asylum in Jordan recently. The split in the leader's family circle and regime is not a strange thing.

Unbeaten Cuba conquers China's volleyball team

Unbeaten Cuba conquers China's volleyball team JAKARTA (JP): World champion Cuba lived up to its famed prowess by beating arch rival China in the second leg of Women's World Volleyball Grand Prix yesterday. Seasoned Luis Mireya displayed her jumping smashes to orchestrate the Cuban charge against struggling China, which stole a set before giving up 10-15, 10-15, 15-12, 9-15. Earlier, Russia pushed South Korea to the bottom of the group with a hard-earned 15-7, 9-15, 15-13, 17-16 win.

Lippobank's profit up

Lippobank's profit up JAKARTA (JP): Publicly-listed Lippobank announced on Saturday that its consolidated net profit for the fist six months of this year grew by 39.5 percent to Rp 45.9 billion (US$20.27 million), compared to Rp 32.9 billion in the same period of last year. Lippobank said in a statement that the increase of its net income was attributed to the higher volumes of interest and fee revenues, a lower tax rate for this year and firm control over operating expenses.

Takeovers in Singapore

Takeovers in Singapore It is perhaps too early to view the flurry of company acquisitions by Indonesian businessmen in Singapore over the last few months as a major trend which may lead to significant capital flight. The number of corporate takeovers has been relatively small so far (only five), and the value of the acquisitions also has been rather small in terms if international transactions.

Adobe Premiere 4.0 makes video editing easy

Adobe Premiere 4.0 makes video editing easy By Zatni Arbi JAKARTA (JP): Video editing is not exactly for the fainthearted. However, if you're equipped with good video editing software, such as Premiere 4.0 from Adobe, MediaStudio from Ulead, and Razor 2.0, from In:sync, plus a very fast and powerful machine, a lot of RAM and a fast, high capacity hard disk, you, too, can master the complex but engaging art of assembling a movie.

Four robbed at Hotel Indonesia

Four robbed at Hotel Indonesia JAKARTA (JP): Four people lost their purses Saturday afternoon outside the Reog Room on the eighth floor of Hotel Indonesia. The four young women were assigned to receive guests entering the Reog Room, where a meeting among Moslem youth of Southeast Asian countries was taking place. "They had left their bags to have lunch," Indah, a member of the organizing committee for the Sunda Kelapa Moslem Youths, said.

Freeport not involved in Timika case: Rights body

Freeport not involved in Timika case: Rights body JAKARTA (JP): Not one witness of the alleged murder, torture or disappearance of civilians in Timika, Irian Jaya, mentioned any involvement by PT Freeport, a giant American mining company, the National Commission on Human Rights said over the weekend.

Indonesia's Balkans peace effort

Indonesia's Balkans peace effort As chairman of the Non-Aligned Movement, President Soeharto has fulfilled his responsibility. After his historic and dramatic visit, his judgment was that the crisis in Bosnia called for a new approach aimed at attaining a comprehensive settlement. In the President's opinion, the Bosnia crisis can only be satisfactorily settled if the three parties involved can be brought together to meet face-to-face, directly and without the interference of outside parties.

UI hosts language congress

UI hosts language congress JAKARTA (JP): A total of 136 delegates from 22 countries, including Indonesia, will attend an international congress on teaching Indonesian to foreigners, from Monday to Wednesday, at the campus of the University of Indonesia in Depok, about 30 km from here. Organized by the university, the three-day congress is scheduled to be officially opened today by President Soeharto at the State Palace, the university announced in a written statement.

Business partners

Business partners On behalf of our client Plaza Senayan I would like to thank you for the article on them in the Aug. 25, 1995 issue of The Jakarta Post. However, there were two oversights that we would be grateful if you could mention in the Post. The shareholders of Plaza Senayan are 70 percent, Kajima Overseas Asia, 20 percent, Aditya Wira Bakti, and 10 percent, BPGS. The partners in Aditya Wira Bakti are Hashim S.

Venture capital reflects economic democratization

Venture capital reflects economic democratization JAKARTA (JP): Minister of Finance Mar'ie Muhammad said Saturday that the establishment of venture capital companies is one step in the important process of attaining democracy in the economic field.

ICMI to hold congress to elect new leaders

ICMI to hold congress to elect new leaders JAKARTA (JP): The influential Association of Indonesian Moslem Intellectuals (ICMI) will hold a congress in December to elect new leaders for the 1995-2000 period. President Soeharto will open the four-day congress on Dec. 6. A total of 1,000 leading members are expected to participate in the Rp 2 billion (approximately US$ 890,000) gathering. Incumbent chairman B.J.