Indonesian Political, Business & Finance News

Archive: 4 August 1995

52 articles found

Kartika holds painting exhibition

Kartika holds painting exhibition JAKARTA (JP): Kartika Affandi, daughter of the late Affandi, is holding a painting exhibition at the gallery of the Ministry of Education and Culture in Gambir, Central Jakarta, to celebrate her 20-year career as an expressionist painter. The exhibition of 75 works was opened Wednesday evening by Nunus Supardi, secretary to the director general of culture at the Ministry of Education and Culture. It will last until Aug. 13.

Risjad Brasali activates plastic factories in West Java

Risjad Brasali activates plastic factories in West Java JAKARTA (JP): Risjad Brasali Industries, a group of four private companies, inaugurated a plastic material plant and a chemical factory yesterday in West Java. The group, controlled by businessmen Ibrahim Risjad and Budi Brasali, also began construction of two other chemical plants in Serang and Bekasi, both in West Java, with a combined investment of $170 million.

Poet seeks revocation of award for Pramudya

Poet seeks revocation of award for Pramudya JAKARTA (JP): An intellectual and a human rights campaigner were of differing opinions yesterday over the government's ban imposed on writer Pramudya Ananta Toer from going to the Philippines to receive his Magsaysay award. Poet Taufik Ismail not only supported the ban but also demanded that the Ramon Magsaysay Award Foundation in Manila scrap its decision to grant the award to Pramudya.

Rule on margin trading

Rule on margin trading JAKARTA (JP): The Jakarta Stock Exchange (JSX) plans to issue a margin trading ruling at the end of this year to prepare for the introduction of such transaction activities, says the exchange's president, Hasan Zein Machmud. "The ruling is under preparation and we hope it will be issued before the end of the year," he said yesterday.

Flooding hits Gorontalo

Flooding hits Gorontalo GORONTALO, North Sulawesi: Flash floods triggered by three days of incessant rains have inundated hundreds of houses in two districts, reports said yesterday. In places worst-hit like the Kota Selatan district, water levels were up to two meters high yesterday. There was no word on casualties, Antara reported. The Gorontalo regency secretary, Patra Babo, said that rains had caused the Bolango river to overflow. (anr)

Soeharto tells district heads to boost field inspection

Soeharto tells district heads to boost field inspection JAKARTA (JP): President Soeharto told district heads yesterday to conduct site inspections to make sure that farmers are properly using urea tablet fertilizer to bolster the country's self sufficiency in rice. "District heads have to serve the people, not the other way around," President Soeharto told 49 district heads from Java provinces who were summoned for a special meeting at his Bina Graha presidential office yesterday.

Textile factory fires 600 workers

Textile factory fires 600 workers PURWAKARTA, West Java: A financially troubled nylon factory, PT Yusung Mayer Textile (Yumatex), has dismissed roughly 600 employees including a number of managers. It stopped operations last week after it could not afford to purchase raw materials, whose prices have skyrocketed over the past few weeks. Chief of the local manpower office Gumbira confirmed the news on the mass dismissal at the company which began operations in 1993, Antara reported.

Stock quotations on JSX

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

Public telephones under repair

Public telephones under repair With reference to the article in your paper entitled Public phones damaged (July 21, 1995), we would like to give the following comments. * There are 11 card-operated public telephones (TUK) and 24 coin-operated telephones (TUC) in the Curug, Cimone and Karawaci areas of Tangerang, West Java. Three TUKs and three TUCs are being repaired.

Utut still on track for chess title

Utut still on track for chess title JAKARTA (JP): Indonesia's Utut Adianto stole the Europeans thunder in the Biel Master Invitation chess tournament in Switzerland after outwitting home favorite L. Brunner in a 10th round game on Wednesday evening. Utut did everything right with his advantageous white pieces to demolish Brunner's Indian Nimzo defense after 41 moves of the short game shown live by German station TV DRS.

The revolution fund issue

The revolution fund issue The old issue of a "revolution fund" has surfaced again, as soon as (former foreign minister) Soebandrio was granted a pardon by President Soeharto. Everyone -- including people who know and those who only want to know -- is joining the debate. Strangely, however, all the talk has yielded nothing. At the very least the question of the amount involved remains a mystery.

U.S. archers shrug off compound bow challenge

U.S. archers shrug off compound bow challenge JAKARTA (JP): The United States benefited from its experience to establish world records in the compound division at the 38th World Archery Championships yesterday. Gary Broadhead, Tom Crowe and John Vozzy finished first, second and third to orchestrate a world record mark of 3,978.

Rao's visit to Malaysia protested

Rao's visit to Malaysia protested KUALA LUMPUR (AFP): Indian Prime Minister P.V. Narasimha Rao's trip to Malaysia to enhance economic ties was marred yesterday by a fundamentalist group protesting against his failure to help Moslems in India.

Washington aims to strengthen ties with KL

Washington aims to strengthen ties with KL KUALA LUMPUR, Malaysia (Reuter): U.S. Secretary of State Warren Christopher, in Kuala Lumpur for talks expected to focus on Bosnia and American investment, said yesterday he aimed to strengthen ties "with this dynamic country". "I have come to Malaysia today to strengthen the ties between the United States and this dynamic country," he said at a ceremony celebrating recent U.S.-Malaysian commercial deals.

Japan dominates Asia's economies

Japan dominates Asia's economies By Chris Johnson SINGAPORE (Reuter): Fifty years after Japan's army was expelled from Southeast Asia at the end of World War II, the country's economic sway over the region is greater than ever. Japan provides more investment, more exports and more tourists than any other country and economists say its influence will continue to increase with little serious challenge from other Asian rivals as long as the yen stays strong.

U.S. emphasizes its support for investment in Asia

U.S. emphasizes its support for investment in Asia KUALA LUMPUR (AFP): U.S. Secretary of State Warren Christopher met here yesterday with U.S. business people who expressed concerns about investing in Malaysia and Vietnam, Christopher's next stop on his Asian tour. "The Clinton administration is determined to advance the interests of American exporters and investors, especially in fast-growing markets like Malaysia," promised Christopher, making a 24-visit to Kuala Lumpur.

Rapper Vanilla Ice Sweetens up local audience

Rapper Vanilla Ice Sweetens up local audience JAKARTA (JP): Robert van Winkle, better known as rapper Vanilla Ice visited Indonesia last week. Jakarta, Bandung and Surabaya were the towns he visited for the Indonesian leg of his world concert tour. For his first show at the M Club, in Blok M Plaza, South Jakarta, he was greeted by more than 500 of his fans. Mostly teenagers who enjoy rap and hip-hop. He surprised many of his fans by showing up with only a DJ and a background rapper.

TV today

TV today TVRI 2:35 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:05 Student Quiz: Cerdas Cermat 4:30 Youth Program 5:00 Regional News 5:30 Family Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 You Should Know 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00 World News 9:30 Quiz: Berpacu Dalam Melodi 10:30 Film: Pedjuang 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Production expansion still allowed: Hartarto

Production expansion still allowed: Hartarto JAKARTA (JP): Coordinating Minister for Industry and Trade Hartarto reaffirmed yesterday that large business groups are still allowed to expand their production capacities despite their leading position in the local market. Speaking to reporters following a meeting with President Soeharto, Hartarto said that such a business policy is essential to enable Indonesian companies to compete in the era of trade globalization.

500-meter TV tower to be built in Kemayoran

500-meter TV tower to be built in Kemayoran JAKARTA (JP): The government plans to build a 500-meter television tower in Kemayoran, Central Jakarta, in a bid to improve the quality of television broadcasts, Minister of Information Harmoko said here yesterday. "Extensive research of the technical details for the construction of the 500-meter tower in Kemayoran is now being conducted," Harmoko told reporters after meeting with President Soeharto at Bina Graha presidential office.

Firm told to pull down wall in Sungai Bambu

Firm told to pull down wall in Sungai Bambu JAKARTA (JP): Head of the North Jakarta District Court, Soemarjono, has ordered developer PT Agung Podomoro to pull down the wall surrounding a 29,268 square-meter plot of land in Sungai Bambu, North Jakarta. Soemarjono issued a letter-of-demolition order, containing the Supreme Court's instruction, to put end to a land dispute at the site, involving PT Agung Podomoro and PT Toyota Astra Motor.

Ramos 'sexiest Filipino man'

Ramos 'sexiest Filipino man' MANILA (AFP): President Fidel Ramos is the "sexiest" man in the Philippines, says a socialite once romantically linked to the Filipino leader. Rosemarie "Baby" Arenas had the 67-year-old former general at the top of her list of the "12 Sexiest Filipino Men," in an interview published yesterday by economic daily BusinessWorld, "because he dresses up very well" and has a nearly full crop of hair.

Japanese firms, Pertamina renew in LNG contracts

Japanese firms, Pertamina renew in LNG contracts JAKARTA (JP): State-owned oil company Pertamina signed agreements yesterday to extend two liquefied natural gas export contracts with Japanese buyers worth a total of US$20.3 billion The first contract, which was signed in 1973, will be extended for 11 years starting from January, 2000, with an annual delivery of 8.4 million tons.

Taiwan to move plant to RI

Taiwan to move plant to RI TAIPEI (AFP): Taiwan's state-run Chinese Petroleum Corp. (CPC) is planning to move a mothballed naphtha cracking plant to Indonesia, CPC officials said yesterday. CPC will team up with local and Indonesian petrochemical firms to relocate the cracker at a cost of US$500 million, the officials said.

Police finish dossier on Oki murder case

Police finish dossier on Oki murder case JAKARTA (JP): The dossiers on 30-year-old Harnoko Dewantono, better known as Oki and suspected of killing two Indonesians and an Indian in Los Angeles, will be handed over today to the Prosecutor's Office. The head of the City Police General Crimes Directorate Lt. Col. Gories Mere said yesterday that police plan to call 39 witnesses. Twenty four of the witnesses will come from abroad, including Los Angeles police officers Ted Ball and Ed Ramirez.

KL, U.S. sign deals

KL, U.S. sign deals KUALA LUMPUR (AFP): U.S. Secretary of State Warren Christopher yesterday watched the signing of several business deals here, notably one between the Malaysian national oil firm and Occidental Petroleum. Christopher, who flew in early yesterday on 24-hour visit, appeared at the signing of documents that gave Occidental a contract to supply liquefied natural gas to Petroliam Nasional Bhd (Petronas).

Indonesia considering U.S.'s F-16 offer

Indonesia considering U.S.'s F-16 offer JAKARTA (JP): Indonesia needs to study first a United States offer of 20 F-16 fighter jets that had originally been intended for Pakistan, the Armed Forces (ABRI) said yesterday. ABRI chief spokesman Brig. Gen. Soewarno Adiwidjojo told Antara news agency that Indonesia could not give an immediate reply to Washington's offer because such a purchase would require the development of additional Air Force facilities and personnel.

'Warrant holders must be protected from price dilution'

'Warrant holders must be protected from price dilution' JAKARTA (JP): Warrant holders should be protected from a possible price dilution, which might occur as the impact of share splits or the issuance of rights and bonus shares, says an executive of the Jakarta Stock Exchange (JSX). JSX's president, Hasan Zein Machmud, said yesterday that such protection is essentially important to ensure a price certainty during the exercising period of warrant trading.

Stigma bearing ID cards

Stigma bearing ID cards What about the (ex-communists) who are now living in freedom in our society? It is said that they have their ID cards stamped with the ET (ex-political detainees) mark. Because of that code, they are easily detected whenever they must deal with government offices. Normally, an official who encounters a person whose ID card bears the ET mark will keep his distance and adopt a watchful attitude. This naturally hurts those people.

Economic system brushes aside common people

Economic system brushes aside common people JAKARTA (JP): The common people will never benefit if the system of Indonesia's economy continues to favor the influential and the haves, experts warned yesterday. Sritua Arief and Loekman Soetrisno of Yogyakarta-based Gadjah Mada University shared the view that Indonesia needs to reconsider its attitude towards the economy of the common people.

Pirates scare Sebatik fishermen

Pirates scare Sebatik fishermen SEBATIK, E. Kalimantan: At least 400 fishery families on the Sebatik island bordering Malaysia live in fear with pirates waging a terror campaign in the area bordering Malaysia. The residents have brought the matter to the attention of the regent, asking the local government to take prompt action. In one of a series of incidents, Nafiati, a 30-year-old fisherman, was killed by pirates after being robbed of his fishing boat engine.

Modern bus terminal planned for Rawabuaya

Modern bus terminal planned for Rawabuaya JAKARTA (JP): The city administration is exploring the possibility of building a modern terminal in Rawabuaya, Cengkareng, West Jakarta, to replace the Kalideres bus terminal. In a meeting held on Wednesday Deputy Governor for Economic and Development affairs, Tb. M. Rais, proposed that the city build a modern terminal instead of a traditional one in Rawabuaya.

RI supports Japan's APEC action plans

RI supports Japan's APEC action plans JAKARTA (JP): President Soeharto supported yesterday Japan's action plans for the Asia Pacific Economic Cooperation, which will be announced at its third leadership meeting in Osaka in November.

Dialog on security gains momentum

Dialog on security gains momentum By Jusuf Wanandi SINGAPORE: The first ministerial meeting of the ASEAN Regional Forum (ARF) held in Bangkok in July last year agreed to continue the process of consultation and dialogs on political and security issues in the Asia Pacific region. The ministers' meeting in Brunei last week and the continuing talks this week further consolidated the process.

Motive of rape suspects still perplexes police

Motive of rape suspects still perplexes police JAKARTA (JP): Police still do not know why the 11 suspects robbed and brutally raped a mother and her two teenage daughters in a small, isolated village in Bekasi, 30 kilometers east of Jakarta. City police chief Maj. Gen. Dibyo Widodo told reporters yesterday the 11 suspects, aged between 19 and 27, are being detained by the Bekasi police.

Comic and music contest to be held

Comic and music contest to be held JAKARTA (JP): The Ministry of Education and Culture will hold a contest on comic strips and adaptation of poetry to music. Edy Sedyawaty, director general of culture of the ministry, told the press here yesterday that the contest, which will be held in Jakarta early November, aims at stimulating and expressing creative talents. She said the participation to the contest is only opened young people.

Mrs. Suprapto okays detainees' release

Mrs. Suprapto okays detainees' release JAKARTA (JP): The widow of Suprapto, one of the six generals slain during a communist-backed coup attempt 30 years ago, said yesterday that she supported the government's decision to release three prisoners, who were convicted for the 1965 abortive coup. "I give thanks to God for their release, they have been separated from their families for too long," Mrs. Yulie Suprapto, told The Jakarta Post.

Revolution Fund doesn't exist: Sudharmono

Revolution Fund doesn't exist: Sudharmono JAKARTA (JP): Former vice president Sudharmono yesterday denied the existence of a Revolution Fund and offered to anyone who can prove otherwise a share of the Fund as a reward. Sudharmono made the remarks even as the Attorney General's Office launched a new investigation into the existence of the Fund which was allegedly established in the early 1960s by President Sukarno.

18 killed in Karachi violence

18 killed in Karachi violence KARACHI, Pakistan (Reuter): Bullet-riddled bodies of 12 people were found dumped in a mini-bus while six others were killed in attacks by unidentified gunmen in a fresh wave of violence yesterday in the port city of Karachi, police said. The 12 people found dead in the mini-bus, parked near a college in the western district of Orangi Town in the early hours of Thursday, were shot at a close range, police said.

Law and conscience

Law and conscience The Jakarta metropolitan police deserve honors for arresting a gang of brutal rapists in a village near Bekasi, 20 kilometers southeast of here, on Wednesday. The 10 young men will face charges of robbery and raping a housewife and her two underage daughters after tying up the father in the same house. If hearing is believing, the police this time have worked professionally, without trying to extract confessions by illegal means.

Non-Hindu gamelan players at pura

Non-Hindu gamelan players at pura By Putu Wirata DENPASAR (JP): It may be the first time in Hindu history that worshipers of Pura Natarsari in the Apuan village, Tambanan district, consisted of non-Hindu gamelan players, who volunteered their services.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Ramayana Buffet Dinner, Monday. Legong Buffet Dinner, Friday. Poolside - BBQ Night with Hawaiian Band, Wednesday. Coffee Shop - Village Night with Frog Dance, Tuesday. Notte Italiana with Capo Dastro Quartet, Thursday. Indonesian Night with Joged Dance, Saturday. * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Frog Dance Cultural Show, Wednesday.Janger Cultural Performance, Friday.

Angry farmers burn down more buildings in Jember

Angry farmers burn down more buildings in Jember JAKARTA (JP): Hundreds of angry tobacco farmers in Jember, East Java, continued venting their anger at a government's plan to take over their land for a plantation project, reports said yesterday. In the latest incident on Wednesday, the farmers from the Jenggawah subdistrict burned down a shop, an office and eight motorcycles at the company's headquarters in Jenggawah.

Singapore oil trade declines after 10 years

Singapore oil trade declines after 10 years SINGAPORE (AFP): Singapore's physical oil trade, led by a sharp fall in product exports, is headed for its first year-on- year decline after 10 years of strong growth, a leading oil journal forecast yesterday. Preliminary figures show exports in the six months to June fell nearly six percent from a year earlier to 924,444 barrels per day (bpd) as Singapore lost market share to regional and western rivals, the Singapore Oil Report said.

Nine years in jail for killer

Nine years in jail for killer JAKARTA (JP): The North Jakarta District Court sentenced a 19- year-old man, found guilty of committing murder, to nine years in prison yesterday. Presiding judge Soaloon Siregar stated in his verdict that Sutrisno, alias Enok, was found guilty of killing Fret Tomson, alias Walet, on Jan. 1, 1995, by stabbing him in the stomach and chest. The judge said Sutrisno had violated article 338 of the Criminal Code.

Library lagging behind

Library lagging behind From Media Indonesia I am commenting on the statement by Melling Simanjuntak, Director of Library of the United States Information Service (Media Indonesia, July 27 1995). He said: "So, if compared to Singapore, our library is lagging far behind. However, compared to Thailand, Malaysia and Brunei Darussalam, the situation is not that inferior." I think we are also unfortunately far behind Malaysia and Thailand. Prof.

Five lives lost in train crash

Five lives lost in train crash KENDAL, Central Java: Five people died and two were seriously injured when their van crashed into a train in the Pegandon district on Tuesday evening. The accident involved a van carrying employees of a plywood firm, PT Kayu Lapis, Antara reported. The Police Chief of Kendal, Kurnia Ramadhani, said the driver of the van, Siswandi, was unaware of the Jakarta-bound Bangunkarta when he entered an unguarded railway crossing.

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.

NGOs strive to defend scavengers

NGOs strive to defend scavengers JAKARTA (JP): Representatives of 18 non-governmental organizations (NGOs) merged in the Alliance for Land Disputes in Greater Jakarta have strived to defend the rights of evicted scavengers and farmers in Rorotan, North Jakarta.

Police promise to collaborate with rights body

Police promise to collaborate with rights body JAKARTA (JP): The National Commission on Human Rights yesterday secured police cooperation concerning the observance of human rights in the country. Four members of the Commission, led by Secretary General Baharuddin Lopa, met yesterday with National Police Chief Gen. Banurusman Astrosemitro at his office to discuss a number of human rights issues.

The elite blamed for cynicism

The elite blamed for cynicism JAKARTA (JP): The majority of the Indonesian people have grown cynical to the values of nationalism, chiefly because of the behavior and attitude of the elite, according to Minister of Defense and Security Edi Sudradjat.

U.S. military presence sought

U.S. military presence sought BANDAR SERI BEGAWAN (Reuter): ASEAN foreign ministers' talks, dominated by a worsening rift between China and the United States, ended yesterday with a call for a continued U.S. military presence in the booming region.