Indonesian Political, Business & Finance News

Archive: 18 September 1995

40 articles found

HIPMI and eastern Indonesia

HIPMI and eastern Indonesia From Neraca This is a rather belated letter, but as an observer of the performance of young businessmen, I take pride in the establishment of the Association of Young Indonesian Businessmen (HIPMI). I suggest to the board of executives of this organization, elected in its national conference on May 20, 1995, in Jakarta, to always pay due attention to the development of its members in the eastern parts of Indonesia.

Higher education budget sought

Higher education budget sought JAKARTA (JP): The City Council urged the city administration on Saturday to increase the allocated budget for the renovation of state elementary schools. Siti Maryam Achmad, secretary of the City Council's Commission E, which oversees welfare affairs, said the existing budget allocated by the administration is very limited. It is not enough to renovate the 103 schools in need of work. "The 103 school buildings badly need renovating.

Malaysian crash clues sought

Malaysian crash clues sought TAWAU, Malaysia (Reuter): Investigators were sifting through the wreckage of the Malaysian Airlines' Fokker 50 yesterday for clues to the crash that killed 34 people, officials said. Officials from the Department of Civil Aviation, Malaysia Airports, Malaysian Airlines System (MAS), the police and fire services searched the scene of Friday's crash at Tawau on the northeastern tip of Borneo Island in the Malaysian state of Sabah.

600 migrants take refuge

600 migrants take refuge DILI, East Timor: About 600 migrants have fled to Atambua in the neighboring West Timor province since ethnic and religious violence broke out here more than week ago, the governor said Saturday. Abilio Joe Osorio Soares said the migrants, mostly traders, fled Maliana and Dili after the rioters had burned down markets and harassed them.

Proposed ban on ads resisted

Proposed ban on ads resisted SEMARANG, Central Java: The proposal to scrap cigarette advertisements on TV is meeting strong resistance from the Association of Indonesian Cigarette Producers. Achmad Djuffan, chief of the association, said Saturday that if it is enforced, the total ban would seriously affect its members. "Although smoking is dangerous to one's health, to their addicts cigarettes are a source of inspiration," Achmad said..

Aryaduta Jakarta has new name

Aryaduta Jakarta has new name JAKARTA (JP): The Aryaduta Jakarta has changed its name, as of Aug. 17, to Hotel Aryaduta Jakarta as part of the government- sponsored Indonesianization program. Naomi Tinambunan of the hotel said on Saturday that the change shows the hotel's respect to abide by the program, which calls on owners of office buildings and billboards, which use foreign languages, to change them to proper Indonesian.

Garrison I holds various activities

Garrison I holds various activities JAKARTA (JP): Garrison I/Jakarta is currently holding a variety of activities ranging from blood donating to race walking in conjunction with the 50th anniversary of the Armed Forces (ABRI). The activities were initiated last week by Garrison Commander Maj. Gen. Wiranto, the chairman of ABRI's central committee for the event. (hhr)

TV today

TV today TVRI 2:35 p.m. TV Series: Voltron 3:05 Children's Program: Riang Ria 3:30 TV Series: The Crystal Maze 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Culture Program 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Religious Teachings: Budha 7:00 Evening News 7:30 TV Drama: Tembang Kota 8:05 TV Series: Santa Barbara 9:00 World News 9:25 Music 10:25 Film 10:55 Late News 11:05 Film (continued) Program 2 4:30 p.m.

Bappenas clarifies

Bappenas clarifies From Media Indonesia With reference to the article in Media Indonesia on Sept 5, 1995, entitled : Test TOEFL di Bappenas mengecewakan (TOEFL test in Bappenas disappointing) we would like to clarify the matter. * The test was held to select would-be scholarship receivers under OTO Bappenas (overseas training program of the National Development Planning Board).

Drums beat their way to Islamic fiesta

Drums beat their way to Islamic fiesta SURAKARTA, Central Java (JP): Ancient Javanese rhythms launched the long trip of various 13th-century gamelan instruments to the Islamic festival in Jakarta. Minister of Finance Mar'ie Muhammad, who also chairs the Istiqlal Festival's organizing committee, was here on Saturday for the official Gamelan Sekaten send-off.

Code for Soekarno-Hatta

Code for Soekarno-Hatta In his letter of Sept. 9, 1995, Yatmono asked whether it would not be better to use SKH or SHT as the airport code for Soekarno- Hatta, instead of the present CKG. A three-letter airport code may only be used for one destination. Unfortunately, both of these codes already exist. Baggage labeled "SHT" is usually sent to Shepparton, Victoria, Australia, while baggage marked "SKH" usually winds up in Surkhet, Nepal.

Death sentence stirs outrage in RP

Death sentence stirs outrage in RP MANILA (Reuter): A United Arab Emirates court's death sentence on a teenage Filipina maid provoked widespread uproar in the Philippines yesterday and denunciations that the UAE was barbaric. Shock and anger at the death penalty imposed on 16-year-old Filipina Moslem Sarah Balabagan swept the largely Roman Catholic nation still hurting from the execution by Singapore in March of another Filipina domestic helper.

Tower of indifference?

Tower of indifference? This country is never short of controversy. Today, the fuss is about several local business tycoons and their plan to build a 500-meter-high Jakarta Tower in the capital. The monument, already billed as the world's third tallest tower after the CN Tower in Toronto, Canada, and the Oskantino in Moscow, is not an appropriate undertaking considering present social and economic conditions in Indonesia.

Constraints on technology (1)

Constraints on technology (1) By David Ray How does Indonesian industry move up the technological ladder? In the face of low industrial productivity levels, low value added export production as well as the threat of increased regional competition in low-tech labor-intensive manufacturing from countries such as China, India and Vietnam, the question is of increasing importance to Indonesian economists, policy makers and industrialists alike.

Youth forum to be held at Senayan

Youth forum to be held at Senayan JAKARTA (JP): A large-scale youth's festival called Gebyar Orang Muda 1995, consisting of various competitions, discussions and promotional activities, will be held in Senayan Stadium in Central Jakarta between Oct. 10 and 16. Ferry Sal Eldin, chairman of the organizing committee, said over the weekend that the festival will feature various activities.

Highest tower in Kemayoran?

Highest tower in Kemayoran? From Media Indonesia I could not help wondering after reading an article entitled Dibangun di Kemayoran Menara Tertinggi Ketiga di Dunia (The world's third highest tower to be built in Kemayoran) in a city newspaper on Sept. 13, 1995. What's really the objective of the project, which will cost Rp 900 billion (US$400 million)? Isn't that fantastic?

Susi bows to old foe Ye as Alan loses to Joko

Susi bows to old foe Ye as Alan loses to Joko JAKARTA (JP): World champion Ye Zhaoying of China clawed her way back to a hard-earned 12-9, 2-11, 12-9 victory over Susi Susanti in the US$180,000 World Cup badminton championships yesterday. Susi, seeking revenge for her two defeats to Ye in the World Championships in Lausanne, Switzerland, almost three months ago, dominated the early stage of the first and third sets but slumped into a series of unforced errors that cost her the coveted title.

Persib stuns Bangkok Bank

Persib stuns Bangkok Bank JAKARTA (JP): Indonesian league champion Persib got off to a flying start in its the Asian Champion's Cup campaign by stunning host Bangkok Bank 2-0 in their first round first leg match in Bangkok on Saturday. It took Persib just 10 minutes to go 1-0 up, with Kekey Zakaria netting a fine header. The second was scored by playmaker Yusuf Bachtiar five minutes after the break.

Yogie withdraws remark on PPP chief

Yogie withdraws remark on PPP chief JAKARTA (JP): Minister of Home Affairs Yogie S.M. is working to placate the United Development Party and the feelings that were hurt last week when the minister issued a statement calling the party's chief "sick". According to party chairman Ismail Hasan Metareum, Yogie met with him on Saturday for a "frank" talk and to withdraw his remarks. "He (Yogie) reassured me that he hadn't the slightest intention of offending me when he described me as sick.

Arms for Southeast Asia

Arms for Southeast Asia In this decade of ethnic warfare, international legal and illegal arms sales and trafficking is on the increase and has become a multi-billion dollar business with plenty of room for growth.

Dozens missing in boat fire

Dozens missing in boat fire SAMARINDA, East Kalimantan: About 20 people were reported missing as a boat carrying dozens of people from Tarakan to Tawao in eastern Malaysia caught fire on Friday, police said Saturday. The boat, KM Tidar, which allegedly was carrying illegal workers, caught fire in the Tanjung Aus waters, near Nunukan island, East Kalimantan. Sgt. Maj.

Sudwikatmono defends Kemayoran tower plan

Sudwikatmono defends Kemayoran tower plan JAKARTA (JP): Business tycoon Sudwikatmono has defended his plan to build a 500-meter tower, billed to be the third highest in the world, in Kemayoran, Central Jakarta.

Garuda profitable

Garuda profitable In reference to the letter by Soelaiman S. published in The Jakarta Post Sept. 12, 1995, issue entitle Garuda losses, which was picked from Neraca daily, we would like to give the following comments. * The reporter of Neraca daily who wrote on Aug. 31, 1995, that Garuda Indonesia had suffered losses of US$44 million (Rp 90 billion) has made an error in analyzing and interpreting the given information.

Banks offer hedging business

Banks offer hedging business JAKARTA (JP): ABN AMRO Bank, the Netherlands-based international bank, held a treasury seminar entitled Hedging Forex and Interest Rates at the Grand Hyatt hotel over the weekend. The bank's manager for Indonesia, C.J. de Koning, said that the seminar was conducted to meet his customers' needs on treasury products which are especially designed to minimize foreign exchange and interest rate risks.

Kapuk clash lamentable, understandable: Councilor

Kapuk clash lamentable, understandable: Councilor JAKARTA (JP): Last week's clash which occurred between residents and security and order officers in the Kapuk district of West Jakarta during a forceful eviction was understandable, a city legislator said on Saturday. "We did not want the incident to happen but the situation was complicated," Mohammad Banang, a city council member of Commission A, which oversees administration affairs, security and public order, told The Jakarta Post.

Ulemas deny pardoning Harmoko

Ulemas deny pardoning Harmoko JAKARTA (JP): The Ulemas Council (MUI), an umbrella group for Indonesian Moslem organizations, denies forgiving Information Minister Harmoko for allegedly offending Islam by twisting a verse from the Koran. Council chairman Hasan Basri said in Surabaya Saturday that what he said in a press statement earlier this month was that the influential body "understood" that Harmoko made a slip of the tongue. "No, no.

Judge swept away by volcanic mudflow

Judge swept away by volcanic mudflow MANILA (AFP): Police yesterday retrieved the body of a trial court judge who was swept away by volcanic mudflow from Pinatubo volcano north of Manila while waiting to cross a bridge, a senior police official said. Chief Superintendent Diony Ventura said the body of Judge Antonio David was identified by relatives after it was plucked by rescue workers from the river a day after rampaging mudflows carried him away in Porac town.

Share prices up 5.33 points at JSX

Share prices up 5.33 points at JSX JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) closed mixed across the board last week, amid a lack of fresh incentives. The JSX composite index closed the week up 5.33 points from the week's opening of 489.997, mainly due to the price increases of selected large-capped stocks. Selling pressure continued to push share prices down early in the week. The index kissed the week's low of 485.43 before bargain hunters came in, boosting the index.

Jonas Salk

Jonas Salk I was shocked and saddened to read an article in Kompas of June 26, that Prof. Jonas Salk, discoverer of the polio vaccine, died of heart trouble at the age of 80, in Green Hospital, La Jolla, San Diego, U.S. on June 23, 1995. His image, a simple, friendly and fatherly figure, is still fresh in my mind. His smile and his sharp look reflected his sincerity. During my informal discussion with him, I briefed him about the polio immunization drive in Indonesia.

Indonesian killed in bridge collapse

Indonesian killed in bridge collapse KUALA LUMPUR (AFP): An Indonesian laborer was killed and five others injured when an overhead bridge they were working on collapsed at a Malaysian factory, news reports said yesterday. Kasuan Tarmoh, 30, died of head injuries in hospital a few hours after the accident at the plant belonging to Matsushita Television (M) Sdn. Bhd. on Saturday.

Keating rejects report on Labor Party coup

Keating rejects report on Labor Party coup NUSA DUA, Indonesia (Reuter): Australian Prime Minister Paul Keating on Sunday rejected reports that members of his own Labor Party were preparing to overthrow him and replace him with his deputy, Kim Beazley. "If you blokes take that seriously we could sell you the town hall clock, and the Sydney Harbor Bridge and a block of flats in Tasmania all rolled into one," Keating told a news conference after a question from an Australian journalist.

Irian veterans criticize handling of Timika case

Irian veterans criticize handling of Timika case JAKARTA (JP): A number of senior Irianese veterans that fought for Irian Jaya's integration with Indonesia in the early 1960s have criticized the military's handling of the situation in their home province. The veterans gathered at Irian Jaya's representative office in Jakarta on Saturday to speak out against the way the military continues to brand almost every protester as a "separatist".

Students advised to prepare for globalization

Students advised to prepare for globalization By Achmad Nurhoeri DEPOK, West Java (JP): Indonesian university students must be able to grasp and interpret rapid world change in order to safeguard the nation from the pitfalls of globalization, several academics said over the weekend.

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.

New envoy not likely for a while

New envoy not likely for a while By Meidyatama Suryadiningrat UNGASAN, Bali (JP): Indonesia's President Soeharto and Australian Prime Minister Paul Keating concluded their meeting here yesterday with a mutual understanding that it will be some time before a new candidate is chosen to fill Indonesia's ambassadorial post in Australia.

Seminar on banking crime

Seminar on banking crime JAKARTA (JP): National Police Chief Gen. Banurusman is scheduled to give the keynote speech at a seminar on contemporary economic crime portrayal in the flow of money among banks. The one-day seminar, to be held at the Atlet Century Park Hotel on Thursday, Sept. 21, is organized by the Association of Criminology Students from the University of Indonesia's School of Social and Political Sciences, in cooperation with the Police Science College's Students' Senate.

Importers' group postpones boycott threat

Importers' group postpones boycott threat JAKARTA (JP): The Association of Indonesian Importers, which last month threatened to halt imports from Australia, beginning today, in response to a flag burning incident, announced Saturday postponement of the threat.

Soeharto concerned over trade rows in Asia-Pacific

Soeharto concerned over trade rows in Asia-Pacific JAKARTA (JP): President Soeharto has expressed concern over an increase in trade disputes occurring between countries in the Asia-Pacific region and called for peaceful settlements which would not cause harm to others, an official says. Minister/State Secretary Moerdiono, in a press briefing on Friday, quoted Soeharto as saying that trade conflicts should be avoided.

Humpuss, Karat tie up

Humpuss, Karat tie up JAKARTA (JP): PT Humpuss Trading, a subsidiary of Humpuss Group controlled by Hutomo (Tomy) Mandala Putra Soeharto, plans to set up a joint venture company with Karat of Thailand to manufacture sanitary ware with an investment of US$27 million.

Stress rising in today's kids

Stress rising in today's kids JAKARTA (JP): Demanding parents, school pressure and eating too much fast food have one thing in common -- they cause stress in children. This was clear from a seminar on Saturday looking into the causes of stress among children, now a common occurrence, especially in urban areas.