Indonesian Political, Business & Finance News

Archive: 31 August 1995

53 articles found

Mochtar returns Magsaysay award

Mochtar returns Magsaysay award MANILA (Reuter): Indonesian writer Mochtar Lubis yesterday returned his Ramon Magsaysay Award in protest against award of the prize to a fellow Indonesian novelist whom he accused of helping suppress freedom in his country. Lubis, 73, handed back the gold medallion given him by the Philippine-based award foundation in 1958 as well $1,000 of the $5,000 cash prize he won, promising to complete the amount later.

Harmoko apologizes to Moslem community

Harmoko apologizes to Moslem community JAKARTA (JP): Minister of Information Harmoko publicly apologized to Moslems yesterday for mispronouncing a verse from the Koran, Islam's holy book, during a speech last July. "As an individual and an assistant of the President, I sincerely beg for forgiveness from the Islamic community," Harmoko told reporters after meeting with President Soeharto at Merdeka Palace.

Beatrix's visit promotes greater understanding

Beatrix's visit promotes greater understanding JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that the visit of Queen Beatrix of the Netherlands to Indonesia has enhanced a greater mutual understanding between the two countries. But as Queen Beatrix ends her visit today, Alatas stressed that Indonesia would not accept any new offer of Dutch financial aid, despite the stronger relations.

HII plans hotel expansions worth Rp 16.9b

HII plans hotel expansions worth Rp 16.9b JAKARTA (JP): State-owned PT Hotel Indonesia International which recorded losses of Rp 16.9 billion (US$7.68 million) in the first six months of this year, announced yesterday that it plans to make major expansions costing up to Rp 800 billion.

Jasa Marga to go international next July

Jasa Marga to go international next July JAKARTA (JP): PT Jasa Marga, the state-run company assigned to manage all of Indonesia's toll roads, will go international in July next year to raise funds for its freeway projects, an executive said yesterday. "We will use half of the funds to finance our new toll road projects," Jasa Marga's president, Mariyadi Darmokumoro, told reporters at the Ministry of Public Works office here.

'HMAS Perth' due here

'HMAS Perth' due here JAKARTA (JP): The Royal Australian Navy guided missile destroyer, HMAS Perth, will make a goodwill and rest-and- recreation visit here from tomorrow until Wednesday. HMAS Perth, which carries a crew of over 300 and recently participated in Exercise Kangaroo '95 off Darwin, is a highly capable warship of some 4,500 tons displacement, the Australian Embassy said in a statement yesterday.

Mixed reactions greet gathering permits' abolition

Mixed reactions greet gathering permits' abolition JAKARTA (JP): The government's intention to scrap its policy requiring public gathering permits is being greeted cautiously by political analysts but welcomed enthusiastically by legislators. "Old habits usually die hard. I'll believe it when I see it," Maswadi Rauf, a staff lecturer at the University of Indonesia's School of Social and Political Sciences, told The Jakarta Post yesterday.

Envoys urged to promote Indonesian abroad

Envoys urged to promote Indonesian abroad JAKARTA (JP): A congress discussing the teaching of the Indonesian language to foreigners concluded yesterday with a call to Indonesian embassies abroad to open centers to teach the language to the local people. Achadiati Ikram, dean of the school of letters of the University of Indonesia, said Indonesian is taught as an optional subject in schools and universities abroad.

Kabuki show at TIM

Kabuki show at TIM JAKARTA (JP): The traditional Japanese theatrical art Kabuki will be brought to Jakartans as part of the Japan-Indonesia Friendship Festival. Kabuki players will perform at the Graha Bakti Budaya auditorium of the Taman Ismail Marzuki Arts Center, Central Jakarta, on Sept. 7 and 8. Kabuki, which was born during the Edo era (1603-1868), consists of three essential parts: dance, music and movement.

... as Endo does his best to preserve the art

... as Endo does his best to preserve the art BANDUNG (JP): One good source of information about wayang cepak is Endo Suanda, a Bandung resident who helped assemble documentation for the Chedi exhibit. For the past two decades, Endo has been dancing back and forth over the line which tends to separate artist and scholar. "I grew up in the village of Majalengka, about 60 miles from Cirebon," he says. "None of my relatives were artists.

Bandung wins Asian Cities Rapid Chess Tournament

Bandung wins Asian Cities Rapid Chess Tournament JAKARTA (JP): The Bandung team, spearheaded by Indonesia's number one GM Utut Adianto, won the BIC Club Asian Cities Invitation Rapid Chess Tournament in Hong Kong on Monday. The victory is the second for Indonesia. A Jakarta team won the equivalent tournament in Dubai, the United Arab Emirates, in 1990.

Many high buildings still deadly fire traps

Many high buildings still deadly fire traps JAKARTA (JP): Many high-rise buildings in Jakarta still lack such basic fire safety standards as hydrants and exit ladders, a city official announced yesterday. "They do provide fire safety equipment, but it is below what is required by city regulations," Suchali M.A., of the City's Fire Brigades, said during a fire fighting demonstration conducted at Mulia Tower building on Jl. Gatot Subroto, Central Jakarta.

Message from Ambassador Dato' Dali M. Hashim

Message from Ambassador Dato' Dali M. Hashim On the auspicious occasion of the 38th anniversary of the Independence Day of Malaysia, I wish to take this opportunity to congratulate the government and the people of Indonesia who have just celebrate the historic 50th anniversary of the Proclamation of the Independence of the Republic of Indonesia on August 17th, 1995. I would also like to thank The Jakarta Post for the opportunity of this message.

STONEWARE EXHIBITION:

STONEWARE EXHIBITION: JP/byi Mrs. Hartini Hartarto (right), who chairs the Indonesian Handicraft Design Development Foundation, has a close look at a statue at a chignon stoneware exhibition at the Regent hotel on Jl. H.R. Rasuna Said, Central Jakarta. The exhibition, which was opened by Mrs. Hartini last night, has 57 stoneware statues priced between Rp 3 million (US$1,363) and Rp 10 million each. Mrs.

Rotary Club helps the blind

Rotary Club helps the blind JAKARTA (JP): The Rotary Club Jakarta-Menteng will donate to the Mitra Netra Foundation, a school for the blind in South Jakarta, computer equipment worth more than Rp 26 million (US$11,818). The equipment consists mainly of a Power Braille, which is a talking computer that can be used by the blind pupils during their classes. The new equipment will support the students in developing their skills, the club said in a statement.

Painters plunge to their deaths

Painters plunge to their deaths JAKARTA (JP): Four workers were killed yesterday afternoon at the Aryaduta hotel on Jl. Prapatan in Central Jakarta, when the platform carrying them plummeted from the top floor of the hotel. The four workers were identified as Solihin, Jeffri and Abdullah, from Brebes in Central Java, and Nawir, a married man from Purwodadi in Central Java. The four 20-year-olds worked for PT Painting Contractor, which is now repainting the facade of the 17-story hotel.

Protection of small firms continued

Protection of small firms continued JAKARTA (JP): The government will continue protecting the interests of small businesses despite Indonesia's movement towards trade liberalization, which will increase competition, Minister of Trade Satrio B. Joedono said yesterday.

National boxing training program under fire

National boxing training program under fire JAKARTA (JP): Indonesia has assured itself of a gold medal and could add another three at the President's Cup boxing championships, though a noted boxing expert says their success will depend very little on their training programs. Syamsul Anwar Harahap, a former Asian champion and now a staunch critic of the Indonesian Amateur Boxing Association (Pertina), took a close look at the fact that the nation's ace boxers have lost their old spirit.

Young RI shuttlers stun top stars

Young RI shuttlers stun top stars JAKARTA (JP): Indonesia's young badminton players swept the singles titles at the Russian Open championships in Moscow over the weekend, the Badminton Association of Indonesia (PBSI) announced yesterday. Hendrawan shocked All England champion Poul Erik Hoyer-Larsen of Denmark 17-14, 15-11 to claim his first title of the year in a hard-fought final. His female compatriot, Lydia Djaelawidjaya, also won her maiden title after beating home favorite Elena Rbykhina.

The judiciary and our sense of justice

The judiciary and our sense of justice In the din of the 50th anniversary of Indonesia's independence and various other big events, it is understandable that the verdict pronounced by the Central Jakarta district court on Danang Kukuh Wardoyo has escaped our attention. However, it seems difficult for our sense of justice to allow the incident to pass without further notice.

A dawn of freedom

A dawn of freedom The government's plan to free the public from the obligatory police permit for gatherings looks like a 50th anniversary present for the populace. But the truth is deeper than that. The government's positive gesture, which was announced on Tuesday after a limited cabinet meeting chaired by Coordinating Minister for Political Affairs and Security Soesilo Soedarman, heralds an increase in respect for the people.

Doing the job

Doing the job Foreign Minister Ali Alatas' recent complaint (The Jakarta Post, Aug. 22, 1995) about the perceived lack of assertiveness and articulateness on the part of Indonesian diplomatic representatives abroad is really nothing new. About 10 years ago, then Foreign Minister Mochtar Kusumaatmaja also made similar complaints about the lackluster performance of Indonesia's overseas missions in promoting our national interests.

Japanese rule

Japanese rule To admit that the "Japanese army was sometimes cruel to Indonesians" (The Jakarta Post, Aug. 26, 1995) is tantamount to mocking the suffering of Indonesians at the hands of the Japanese. It is sad and regrettable that it took the tragedies of Hiroshima and Nagasaki to shock people into their senses. But at that time our first emotion was relief that the war was over -- not soon enough.

Engaging China in regional affairs vital

Engaging China in regional affairs vital By Jusuf Wanandi JAKARTA (JP): Questions are again being raised whether Southeast Asia can have a normal relationship with China, a huge, fast developing neighbor which before colonial times had a tributary relationship with Southeast Asia. China is indeed fast developing, but its challenges are also enormous.

West Java thriumps in Coke Cup

West Java thriumps in Coke Cup JAKARTA (JP): West Java thrashed Maluku 4-0 to win Group D of the National Coke Cup Under-15 soccer tournament in Surabaya yesterday. Aceh was the group's runner-up, routing West Kalimantan 6-0. Jakarta topped Group C yesterday, drubbing South Sulawesi 6-0. West Sumatra, another Group C team, crushed North Sulawesi 4-0 to clinch the runner-up position. Their resounding victory, however, did not get West Sumatra into the top six teams advancing to the second round.

RP police detain Indonesian poachers

RP police detain Indonesian poachers MANILA (AFP): Police have seized two Malaysian fishing boats and arrested seven Indonesian crew members for poaching in southern Philippine waters, police said yesterday. A report to the Philippine National Police (PNP) headquarters here said the fishing boats were intercepted off Taganak town, Tawi-Tawi province, about 1,000 kilometers from Manila, on Aug. 23. Tawi-Tawi police said the fishing boats were owned by ethnic Chinese Malaysians from Sabah state.

Conglomerates' idea wins support

Conglomerates' idea wins support JAKARTA (JP): Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Aburizal Bakrie welcomed yesterday a proposal that large companies allocate two percent of their profits to helping narrow the gap between rich and poor in Indonesia. "Good. It's a good idea.

Japan's loan for Manila

Japan's loan for Manila MANILA (AFP): Japan's Overseas Economic Cooperation Fund (OECF) has approved a 20th yen credit package amounting to 100.9 billion yen or US$1.2 billion, the Philippines finance department said yesterday. The package will fund 14 projects, the largest being a 215- million-dollar project for a coastal road in the central city of Cebu.

Sapura still pioneering in telecommunications industry

Sapura still pioneering in telecommunications industry Sapura was first incorporated in 1975 to meet the growing needs of the telecommunications industry and its related businesses in Malaysia. It was one of the first Malaysian companies to venture into the field of telecommunications, and it played a major role in establishing the infrastructure. In less than a decade it gained a reputation for reliability and resourcefulness.

Merapi begins to boil

Merapi begins to boil SEMARANG, Central Java: The local office of the Directorate of Volcanology has reported increasing activity on Mount Merapi, an eruption of which killed 70 people late last year. An official at the directorate said yesterday there has been increasing tremors, geo-chemical deformation and spewing of lava. "The residents in the surrounding areas are advised to stay alert for possible danger," Chief of the Merapi Monitoring Unit Mas Atje Purbawinata warned.

TV today

TV today TVRI 2:30 p.m. TV Series: Horrible Honchos 3:05 Culture Program 3:30 TV Series: Harapan Nan Sirna 4:30 Meniti Hari Esok 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 7:15 Sports: Presiden Trophy Boxing Championship (live) 9:00 World News 9:30 Sports: Presiden Trophy Boxing Championship (continued) 10:30 Special Program: Gema Indonesia Emas 10:50 Late News 11:00 TV...

Thousands attend mass

Thousands attend mass SEMARANG, Central Java: Thousands of Catholics took part in a mass held at the Diponegoro Stadium yesterday in commemoration of Indonesia's 50th anniversary of independence. The service, led by the Semarang archbishop Yulius Kardinal Darmaatmadja, started with a procession of youths carrying the national red-and-white flag. They were followed by altar boys and deacons, and then adolescents wearing traditional costumes from the 27 provinces.

Statistics agency plans to update inflation basis

Statistics agency plans to update inflation basis JAKARTA (JP): The Central Bureau of Statistics plans next year to modify the base for calculating the consumer price index (CPI) in a bid to ensure a more representative inflation figure, says the agency's chairman Soegito. Soegito said the change in the system in calculating the CPI, the base used in measuring the inflation rate, would be made to comply with the change in people's consumption patterns.

Officials ordered not to compromise with violators

Officials ordered not to compromise with violators JAKARTA (JP): Governor Surjadi Soedirdja ordered his subordinates yesterday not to hesitate to take stern actions against regulation violators in order to improve public services. "Don't be afraid to implement every regulation without compromise as the rule was not prepared and deliberated indiscriminately but through a democratic process," Surjadi said after inducting several high-ranking city officials.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 30, 1995: Shares Close Change Trading Volume -------------------------------------------------------------------- Ades Alfindo 2,400 0 0 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 1,850 25 115,500 Aneka Kimia Raya 6,425 25 16,500 Anwar Sierad 1,300 0 41,000 Aqua Golden Mississippi 2,400 0 150,000 Argha Karya Prima Industry 1,825 -50 165,500 Argo Pantes 2,500 0 0 Asiana IMI Indusrties 925 0 0...

PT Timah to float shares in London in mid-October

PT Timah to float shares in London in mid-October JAKARTA (JP): The state-owned tin mining company PT Timah announced yesterday that it will float shares on the London, Jakarta and Surabaya stock exchanges in mid-October. "We estimate that the stock markets at that time will be in good condition," the company's president, Erry Riyana Hardjapamekas, told reporters at a press conference here.

Facility for selected investors

Facility for selected investors DILI, East Timor (JP): Governor of East Timor province Abilio Jose Osorio Soares ordered all regents to be selective in giving facilities to businesspeople wanting to invest in the province. Abilio said recently that the businesspeople must be reveal what their business is before the government offers facilities.

Stop 'vulgarization' of Pancasila: Roeslan

Stop 'vulgarization' of Pancasila: Roeslan JAKARTA (JP): Respected senior statesman Roeslan Abdulgani warned yesterday against the perversion of the Pancasila ideology, and admonished what he called its "vulgarization" into various aspects of life. "Pancasila's sweep should be limited to the democratic, economic and philosophical fields," the former cabinet minister told journalists.

What next after Magsaysay controversy?

What next after Magsaysay controversy? By Ariel Heryanto SALATIGA, Central Java (JP): The older generation, which has shown its merits in the country's development and has been privileged to enjoy the boons of the New Order, has left a number of debts to the younger generation. It is not only a huge foreign debt but also a debt of clear and truthful cultural history during the transitory period from the Guided Democracy in late 1950s to the arrival of the New Order in mid 1960s.

New South Jakarta mayoralty office in poor condition

New South Jakarta mayoralty office in poor condition JAKARTA (JP): The new office building of the South Jakarta mayoralty has been partly out of order, despite having started operations just last April. South Jakarta Mayor Abdul Kahfi told reporters yesterday that the broken facilities are due mainly to the poor quality of the building materials used by the developer of the five-story building.

Seminar to design up anti-poverty programs

Seminar to design up anti-poverty programs JAKARTA (JP): Stronger social solidarity and greater public participation should form the basis of a government plan to fight poverty and unemployment, Coordinating Minister for People's Welfare Azwar Anas said yesterday. Azwar launched yesterday a three-day seminar which will discuss social development in Indonesia and draw up plans which are expected to be incorporated into the government's budget for 1996/1997.

Partnerships will help loan prospects

Partnerships will help loan prospects JAKARTA (JP): Solid partnerships between small enterprises and their larger counterparts could provide a good basis on which banks would be willing to approve collateral-free loans to small businesses, a senior bank executive said yesterday. The president of the privately-owned Bank Bukopin, Indra Kesuma, said yesterday that banks would feel more confident about extending collateral-free loans in circumstances where the borrower had a captive market.

25 drivers to race in Sentul

25 drivers to race in Sentul JAKARTA (JP): Twenty-five drivers have confirmed their entry into the ninth and 10th rounds of the Gudang Garam Southeast Asia Touring Car race slated for Sept. 8 and 9 at Sentul circuit in Bogor. They include Indonesia's strongest team, Toyota Team Indonesia, which consists of racers Indra Saksono, Jimmy Lukita and Tommy Santosa.

Recognition of independence

Recognition of independence As a simple man with a simple way of thinking and life-style, I sometimes get confused when reading different kinds of newspapers, simply because I cannot understand all the comments made by the people. For example, why do we make such a fuss about whether the Dutch should recognize Aug. 17, 1945 as the start of our independence or not. We proclaimed our independence on Aug. 17, 1945 and that stands.

Djajanti Group forms scholarship fund

Djajanti Group forms scholarship fund JAKARTA (JP): The widely-diversified Djajanti Group announced yesterday the establishment of a Rp 1 billion (US$450,000) trust fund to finance 160 scholarships for school children and students in Maluku and Irian Jaya every year. "We set up this fund as a token of our gratitude on the occasion of the golden anniversary of our independence," Djajanti's Chairman Burhan Uray said at the launching of the revolving fund yesterday evening.

Importers complain about cargo inspection

Importers complain about cargo inspection JAKARTA (JP): The Indonesian Importers Association is complaining about the on-arrival customs inspection of import air cargo and proposing that the government allow airfreight to be inspected at points of loading. The association's chairman, Amirudin Saud, said at a seminar organized by the association here yesterday that the on-arrival inspection of imports by customs officials at airports had resulted in additional costs to importers.

President appoints 17 new ambassadors

President appoints 17 new ambassadors JAKARTA (JP): President Soeharto inducted 17 new ambassadors yesterday to serve in Asia, Africa and Latin America, posting an Army major general in Malaysia and a vice marshal in the Philippines. Maj. Gen. M. Jacob Dasto will become the new Indonesian ambassador to Malaysia, with whom Jakarta has traditionally had disputes regarding both labor relations and borders. Vice Admiral Abu Hartono will take over the Indonesian embassy in Manila.

Finance firm books profit

Finance firm books profit JAKARTA (JP): The net consolidated profit of publicly-listed PT Sinar Mas Multiartha in the first half of 1995 reached Rp 66.16 billion (US$30.07 million), about 50.6 percent of its projected profit for 1995. According to its financial statement for the January-June period, which was released yesterday, the company's total assets jumped to Rp 11.41 trillion ($5.18 billion) as of June, compared with Rp 177.25 billion as of the same month of last year. On Sept.

Rumors are part of the finance sector

Rumors are part of the finance sector Devaluation rumors resurfaced last week but the government quickly warded them off. Why do such rumors keep coming back? Noted economist Laksamana Sukardi talked to The Jakarta Post to shed some light on the issue. Question: Why do devaluation rumors come back over and over again? Answer: You have to see that in the finance industry, a rumor is crucial. It is something where traders talk about possibilities. Sometimes rumors even become very dominant.

Soccer commentary

Soccer commentary Life teaches me that people's behavior always has a meaning. When the reason behind the behavior is not clear, I resort to Latin wisdom and ask "Cui prodest?" (to whom is it useful?). I am referring to the new European soccer season. As far as I can see, all Indonesian networks will continue to broadcast soccer matches with English commentary. Cui prodest? For sure not the audience.

Cirebon's 'wayang cepak' tradition still hanging on ...

Cirebon's 'wayang cepak' tradition still hanging on ... By Paul W. Blair BANDUNG (JP): For the next four days the lobby of the Chedi Hotel in Bandung will be even fuller than usual with well over a hundred intriguing new faces on hand to greet visitors. They belong to Cirebon-style wayang golek puppets in a remarkable month-long exhibit which began on Aug. 2 as part of the hotel's continuing initiative to showcase the traditional arts of Indonesia.

Novel pirated in China

Novel pirated in China PURWOKERTO, Central Java: A local novelist plans to sue a Jakarta-based publisher for illegally translating his book into Chinese and selling copies in China. The writer, Ahmad Tohari, said he learned that his work had been pirated from a businessman who recently visited China and found the Chinese version of best selling Ronggeng Dukuh Paruk (Dancer from Paruk) being sold in the streets.

Malaysia's stability lures investors

Malaysia's stability lures investors Malaysia, comprising Peninsular Malaysia, Sarawak and Sabah, covers more than 330 square kilometers and lies in a strategic position for sea and air transport between Europe and the Far East. Endowed with natural resources such as rubber, palm oil and tin as well as broad plains, spectacular limestone outcrops and caves, swamps and sandy beaches, Malaysia remains high on the agendas of prospective foreign investors and tourists.