Indonesian Political, Business & Finance News

Archive: 13 January 1996

53 articles found

Mass burial for fish

Mass burial for fish PURWAKARTA, West Java: The Jatiluhur Reservoir Management Agency, with the help of local farmers, have managed to remove about 900 tons of dead ikan mas (carp) which have been floating on the dam leaving a powerful stench for the past week. The dead fish were buried on the shore. This still left about 600 tons in the reservoir, although some of them have apparently found their way into adjoining streams, according to an official of the reservoir agency.

Aussie firms seek greater share of food market

Aussie firms seek greater share of food market JAKARTA (JP): Several Australian companies and cooperatives are holding a three-day food festival here with a view to expanding their share of the rapidly-expanding foreign food market.

KL judge found dead

KL judge found dead KUALA LUMPUR (AFP): Malaysia's former Supreme Court judge, Eusoffe Abdoolcader, was found dead with a gunshot wound in his home in northern Penang state late on Thursday. The 71-year-old judge, who was in his pajamas, was found sprawled on his bed by his Filipina maid. A police official Ibrahim Abdul Rahman said a .38 Smith and Wesson revolver was found near him. Police also recovered two slugs from the bedroom.

52 still missing in Morotai

52 still missing in Morotai JAKARTA (JP): Fifty two people are still missing after a motorized sailing boat sank off the Morotai Island in Maluku on Dec. 28, Antara reported yesterday. The Navy and Search and Rescue Agency are still looking out for the shipwrecked, although officials are resigned to the fact that most have probably drowned and possibly dragged out to the Pacific Ocean, the news agency said.

Banned photos displayed

Banned photos displayed YOGYAKARTA: Two photographs that had been barred by police from a photo exhibition were put on display on Wednesday after the organizer secured police permission, Antara reported. Both photographs depicted street demonstrations, one of the massive street protest in January 1974 known as the Malari incident, and the other, a 1995 photo, is entitled "The Fate of a Demonstrator".

Modern Sun Life to open

Modern Sun Life to open JAKARTA (JP): Canadian Prime Minister Jean Chretien will attend the inauguration of a joint venture company between PT Inti Putra Modern, a subsidiary of the Modern Group, and Sun Life Assurance Company of Canada, here on Wednesday. Wayne H.

Telkom privatizes W. Java phone management

Telkom privatizes W. Java phone management BANDUNG, West Java (JP): State-owned PT Telkom yesterday handed over the management of telecommunications services in West Java to PT Aria West International under a joint operation scheme. The handing-over ceremony was attended by Telkom president Setyanto P. Santosa and Aria West president John Vondras.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1 p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m. - The Tavern Pub: Yeah Yeah Boys, Sunday and Thursday, 9:30 p.m. to 1 a.m. ; Geometrics Band, Monday to Saturday from 9:30 p.m. to 2 a.m.; Yeah yeah Boys Thursday 9 p.m. to a.m.: Front line Band, Friday from 9:30 p.m. to 2 a.m. * Century Park Hotel, Jl.

City Police to probe fraud at HongkongBank

City Police to probe fraud at HongkongBank JAKARTA (JP): The City Police has assigned a number of senior detectives to investigate a massive fraud at the branch office of HongkongBank here. The police said yesterday that it will also cooperate with Interpol in other Asian countries to probe the fraud, which might involve international crime syndicates.

Newspapers allowed up to 24 pages daily

Newspapers allowed up to 24 pages daily JAKARTA (JP): The Press Council, the industry's watchdog agency, yesterday agreed to allow broadsheet daily newspapers to expand to 24 pages to allow them to better inform their readers as well as compete with the growing broadcasting media. Tabloid papers will be permitted to expand to 48 pages, Antara reported from Denpasar, Bali, where the council just ended its two-day deliberation on the future of the Indonesian press industry.

UI student still suspended

UI student still suspended JAKARTA (JP): University of Indonesia (UI) Rector M.K. Tadjudin has not yet carried out the court's decision on the postponement of a student suspension. Tadjudin's lawyer Zulfa Djoko Basuki told the Jakarta State Administrative Court yesterday that the rector has yet to decide whether the postponement of suspension of Rifardi Rifiar, a student at the school of medicine, will benefit the campus.

Human Rights commission seeks governor's help

Human Rights commission seeks governor's help JAKARTA (JP): The National Commission on Human Rights has written to the Jakarta administration requesting help in settling the alleged illegal flattening of houses in the Ancol and Penjaringan subdistricts in North Jakarta last week.

Journalist urged to write the truth

Journalist urged to write the truth JAKARTA (JP): Governor Surjadi Soedirdja yesterday urged journalists to improve their writing skills because many write untrue stories which mislead the public. Surjadi said that many newspapers often print inaccurate, groundless and sensational stories. "Untrue stories are only misleading the public and I hope that journalists can write true and balanced stories," he said.

Sahid sets up hotel firm

Sahid sets up hotel firm JAKARTA (JP): The Sahid Group announced yesterday the establishment of PT Sahid International Hotel Management & Consultant Corporation, which will manage its hotels with an investment of Rp 50 billion (US$21.7 million). "The new subsidiary is meant to increase the professionalism and efficiency in the management of its growing hotel business," the group's chairman, Sukamdani Sahid Gitosardjono said.

City reviews decree on labor welfare

City reviews decree on labor welfare JAKARTA (JP): The city administration is reviewing the seven- year-old decree on workers' welfare, deeming it now ineffective. The head of social welfare department of the city manpower agency, Suwardja, said on Thursday that decree No. 7/1989 is insubstantial, therefore review is necessary to make it powerful. "The review includes the modification of the penalty which is the weakest point of the decree," he said.

TV film series

TV film series From Sinar Nearly all private TV stations in Indonesia now show telenovella (Latin American soap opera series) and sinetron series (local films made for TV). These two genres have gained wide audiences. Housewives seem reluctant to do their daily cooking and washing before having watched a telenovella. With their mother intent watching TV, children also sit in front of the tube. Unfortunately, telenovella and sinetron stories are not suitable for children.

A recurring problem

A recurring problem In the past few weeks cement has become rather difficult to obtain. As a result of this shortage, prices have begun to increase. Cement producers united in the Cement Association of Indonesia are meanwhile preparing to propose an increase in the commodity's bench price based on the fact that both raw and supplementary materials have also undergone price increases.

Travex records $500m in tourism transactions

Travex records $500m in tourism transactions SURABAYA, East Java (JP): The Travel Exchange (Travex), a tourism mart held during the ASEAN Tourism Forum (ATF) here this week, recorded transactions worth about US$500 million. The Director of Marketing at the Directorate General of Tourism Luther Barrung said here on Thursday that the ratio of sellers to buyers during the Travex was very nearly 1:1.

Banks to discuss Marcos funds

Banks to discuss Marcos funds ZURICH, Switzerland (AFP): The three sides feuding over hundreds of millions of dollars stashed in Swiss banks by the late Philippine dictator Ferdinand Marcos meet next week in Hong Kong in a bid to resolve the dispute.

Kresna qualifies for Atlanta Olympics

Kresna qualifies for Atlanta Olympics JAKARTA (JP): Indonesian judo king Kresna Bayu will have a rare international outing in Atlanta during the Olympic Games this summer. Deputy Secretary-General of the Indonesian Judo Association, Aji Kusmantri, said here yesterday that according to the latest Asian rankings, Kresna is among the region's athletes qualifying for the Olympics.

Miss Tjitjih's theater strives on

Miss Tjitjih's theater strives on By Johannes Simbolon JAKARTA (JP): The lamps in the 200-capacity hall were turned off. The play would soon begin. The red curtain covering the eight-meter-wide stage slowly opened to reveal the living room of a bygone king. Close to the ceiling, on the upper part of the stage's facade hung a wooden notice reading "Miss Tjitjih". It was the name which made the theater group a legend.

Diarrhea outbreak on remote island

Diarrhea outbreak on remote island MANADO, North Sulawesi: Five people in the remote Marore Island near the Philippine border, died on a boat as they were being taken to hospital for treatment for diarrhea. Antara reported that hundreds of the islanders have been affected by the outbreak. The Marore island does not have the medical facilities to deal with the disease, it added. The nearest available facilities are in Sangihe, a larger island to the south. (emb)

Fighting flares up on Bougainville

Fighting flares up on Bougainville PORT MORESBY (Reuter): Fighting had flared up again on the Papua New Guinea (PNG) island of Bougainville with continuous rebel attacks on pro-government villages this week, Bougainville Premier Theodore Miriung said yesterday. The attacks have prompted some members of parliament to call for all-out war against the Bougainville Revolutionary Army (BRA), which has been fighting for secession for almost eight years.

Coastal communities need empowerment, Sarwono says

Coastal communities need empowerment, Sarwono says JAKARTA (JP): Indonesia needs to draw up a development model specifically for coastal communities because they have been impoverished by current economic development programs, State Minister of Environment Sarwono Kusumaatmadja said yesterday.

JSX closes 3.2 percent higher

JSX closes 3.2 percent higher JAKARTA (JP): The Jakarta Stock Exchange (JSX) closed 3.2 percent higher yesterday, supported by a large inflow of U.S and European funds. The JSX composite index closed up 17.21 points at 550.99, a new high for the last 22 months. A senior trade manager of PT Sanyo Primarindo Securities, M. Nadjib Usman, told The Jakarta Post that the drop in the Dow Jones Index two days ago had pushed more foreign investors to the Asian markets, including Jakarta.

More quakes hammer Palu

More quakes hammer Palu PALU, Central Sulawesi: An earthquake measuring 4 on the Richter scale shook the city in the early hours on Friday, the latest to hit the area since one on New Year's Day. There were no reports of casualties, according to Antara. The local Geophysics Agency said the epicenter of the quake was somewhere in Tomini Bay, about 30 km below the sea's surface. On Jan. 1, the region was shaken by a quake measuring 7 on the Richter scale with its epicenter in the Makassar Strait.

RI considers possibility of importing logs

RI considers possibility of importing logs JAKARTA (JP): Indonesia may have to import logs for wood-based industries which cannot obtain timber from existing natural forests, Minister of Forestry Djamaludin Suryohadikusumo said yesterday. He said the importation of timber would have to be done if Indonesia hopes to preserve its natural forests, while at the same time ensuring raw material supplies for its wood-based industries.

Polls committee provides hotline, mail box services

Polls committee provides hotline, mail box services JAKARTA (JP): The National General Elections Monitoring Committee will open hotline telephone and mail box services for people to report of any wrongdoing committed in the run up and during the 1997 general elections, a committee official says.

Expert says impotence no shame

Expert says impotence no shame JAKARTA (JP): The bad news for diabetes mellitus sufferers is that they are twice to five times more likely to become impotent than those who do not have the disease. The good news is that the condition is reversible. Arif Adimoelja of Airlangga University in Surabaya said yesterday men should not be afraid of impotence or embarrassed to discuss their sexual dysfunction with their wives or doctors.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 12, 1996: Shares Close Change Trading Volume -------------------------------------------------------- Dharmala Insurance 2,100 0 0 Ades Alfindo 750 0 0 Andayani Megah 1,675 -50 473,500 AHAP Insurance 3,200 0 0 Argha Karya Prima Industry 2,050 -75 244,500 Aneka Kimia Raya 6,100 -100 25,000 Alumindo Perkasa 1,375 0 0 Asahimas Flat 2,525 50 2,631,500 Anwar Sierad 1,150 25 262,500 Aqua Golden Mississippi 1,500 0 0 Argo...

Jakarta starts operating Proton cabs

Jakarta starts operating Proton cabs JAKARTA (JP): A local taxi company began operating 200 Proton cabs imported from Malaysia yesterday, the first batch of 1,000 such vehicles designated for Jakarta and its surrounding areas this year. The taxis, licensed under the name of Citra Taxi, were officially launched by State Minister of Research and Technology B.J. Habibie and the president of PT Citra Lamtoro Gung Persada, who is the majority shareholder in taxi company PT Citra Transpor Nusantara.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9:00 a.m. with Sunday School.

Minister Azwar underlines virtues of small families

Minister Azwar underlines virtues of small families JAKARTA (JP): Coordinating Minister for People's Welfare Azwar Anas urged organizations concerned with child welfare to join in the government's campaign to promote the concept of "small and prosperous" families. A child in a small family is likely to enjoy more care and affection from the parents, Azwar said in opening a congress of FK-PPAI, a forum of more than 100 child-welfare organizations.

ADB approves aid for Indonesia, China, RP

ADB approves aid for Indonesia, China, RP MANILA (AFP): The Asian Development Bank (ADB) said yesterday it had approved grants and loans for Indonesia, China, the Philippines, India and Kazakhstan. A statement from the ADB headquarters in the Philippine capital said it had approved US$2.05 million in grants to Indonesia to improve infrastructure management and for a study of the development of Central Sulawesi.

PDI wants officials to declare their wealth

PDI wants officials to declare their wealth JAKARTA (JP): The Indonesian Democratic Party (PDI) called on government officials yesterday to declare their wealth before and after they hold positions in a bid to help create a clean government. PDI legislators said a ruling is necessary that should apply for all government officials from village chiefs to the President without exception.

Chretien visit means business in Indonesia

Chretien visit means business in Indonesia JAKARTA (JP): Canadian Prime Minister Jean Chretien will be arriving for a three day visit here on Tuesday with a 300-strong delegation including two ministers and six provincial premiers, Minister/State Secretary Moerdiono announced yesterday. Comprising mostly of leading Canadian business executives, the delegation will focus on boosting Canadian-Indonesia trade and commercial ties.

Coping with floods

Coping with floods A week after the worst floods in living memory swamped large sections of Jakarta last weekend, it seems that the repercussions of the disaster continue to preoccupy the Indonesian capital city. It seems that everybody, from the Minister of Environment down to city officials and concerned citizens are offering ideas on how the city's flood problems should be managed in future.

Timorese women win safe passage to Portugal

Timorese women win safe passage to Portugal JAKARTA (JP): Two East Timorese women left for Portugal last night after spending two days in the Australian Embassy. A few hours earlier, two separate groups of East Timorese attempted to break into the Japanese and New Zealand embassies. The two East Timorese women left for Lisbon yesterday evening after sheltering in the Australian Embassy on Jl. HR Rasuna Said, South Jakarta, since Wednesday.

S. Jakarta gets new apartments

S. Jakarta gets new apartments JAKARTA (JP): P.T. Bumimas Megahprima held a topping off ceremony yesterday. The 21-story Bumimas Apartemen, a change of name from Hilltop Residency following the government requirement for property developers to drop foreign names, is scheduled to be opened in September. "We are one month ahead of schedule. Initially we planned the ceremony to be held in February," said Trisna Julita, residential department manager of P.T.

Tunky revamps ministry

Tunky revamps ministry JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo yesterday shook up his ministry, which is a merger of former ministries of industry and trade, by installing first and second echelon officials in a hastily-prepared inauguration ceremony. "I kept the names of the new officials in my personal diskette until the last minute," Tunky said in his unprepared speech at the ceremony at his office here.

Malaysians get marching orders

Malaysians get marching orders PADANG, West Sumatra: The immigration office in Padang has asked two Malaysian students to leave the country, one for committing petty theft, and another for violating his stay permit, Antara reported. The news agency did not disclose the identity of the two Malaysians, but said that they were still allowed to stay in Padang for a few more days to prepare for their departure.

Bambang to take over Summa's assets

Bambang to take over Summa's assets JAKARTA (JP): Bank Indonesia, the central bank, confirmed yesterday that President Soeharto's son Bambang Trihatmodjo and Johannes Kotjo have formally proposed to take over the remaining assets of the dissolved Bank Summa. The central bank said that negotiations on the proposed purchase of the assets by Bambang and his partner are still underway.

Haarhuis moves into Indosiar semifinals

Haarhuis moves into Indosiar semifinals JAKARTA (JP): Defending champion Paul Haarhuis of the Netherlands held off a persistent challenge from Guillaume Raoux of France at the US$328,000 Indosiar Men's Open tennis championships yesterday, surviving the thriller for a semifinal berth.

Crude and product prices plunge in Singapore

Crude and product prices plunge in Singapore SINGAPORE (Reuter): Crude oil and product prices in Singapore plunged early yesterday, reflecting the erosion in the West, but traders said well-supported fundamentals in Asia will limit any downside potential in prices. "Prices are down because of the sharp sell-off on NYMEX (New York Mercantile Exchange)," an oil trader said. "But their downside will be limited because fundamentals in the East are still well-supported.

Southeast Asia to discuss defense

Southeast Asia to discuss defense HANOI (Reuter): Thai Defense Minister, Gen. Chavalit Yongchaiyudh, said yesterday that Thailand and Vietnam would discuss proposals for a NATO-style regional defense bloc with other countries at a military conference this March. Chavalit told a news conference in Hanoi that Southeast Asia needed a defense grouping to promote stability. "We would like to discuss measures or an organization to solve all disputes in the region," he said.

Govt to build barracks for flood evacuees

Govt to build barracks for flood evacuees JAKARTA (JP): The city administration plans to build barracks as temporary shelter for flood victims, including riverbank squatters, whose houses were destroyed by the recent floods, an official has announced. The spokesman of the city administration, Soesilo Darmoadji, said yesterday that the thousands of people left homeless would stay at the barracks until their homes have been rebuilt their homes or they have been relocated.

ASEAN sees strength in unity

ASEAN sees strength in unity By Robert Birsel BANGKOK (Reuter): Leaders of disparate southeast Asian countries, divided by language, religion and culture, are pushing ahead with an ambitious plan to integrate their booming economies into one of the world's largest common markets. Founded in 1967 as a pro-Western bloc in what was then a far- from-stable backwater, the Association of Southeast Asian Nations (ASEAN) today groups some of the world's most dynamic emerging economies.

Cement plant in Vietnam

Cement plant in Vietnam HANOI (AFP): A Taiwanese company, Lucky Cement, is to build a joint venture 265 million dollar cement plant in the Northern province of Hai Hung, an official said. Lucky Cement is to hold a 65 percent stake in the joint venture licensed last week with the Hai Hung Cement Co. and the Hai Hung Industrial and Commercial Bank, a bank official told AFP.

More single-teacher schools to open

More single-teacher schools to open JAKARTA (JP): The Ministry of Education and Culture plans to expand the concept of the single-teacher school to remote villages as it tries to ensure that every child receives basic primary education.

Court exonerates minor of robbery charges

Court exonerates minor of robbery charges JAKARTA (JP): The North Jakarta District Court has exonerated a 14-year-old boy of robbery charges. Judge Raden Ida said at Thursday's trial that Arif Budi, an elementary school student, was proven not guilty of robbing Casmadi, a taxi driver on July 30 of last year. According to witnesses' testimonies and material evidence, Budi stabbed Casmadi in the neck with a screwdriver, causing minor injuries, the judge said.

Govt's sincerity toward NU is being tested

Govt's sincerity toward NU is being tested JAKARTA (JP): The government's sincerity in its' recognition of the controversial Abdurrahman Wahid as the legitimate chief of Nahdlatul Ulama is being tested. NU members and scholars said yesterday that if the government is consistent with its formal stand, it must prevent Abdurrahman's political rivals from conducting their congress next week.

TV today

TV today TVRI 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ninja Turtles 3:05 Sports 5:00 Regional News 5:25 Travels: Face of My Country 5:30 Science Film: Bill Bixby's Wonderful Magic 6:00 News 6:05 Nusantara, the Beloved Country: East Java 6:15 Village Program 6:30 Music: Lagu Pop Daerah 7:00 Evening News 7:30 News: Lemhanas 8:00 News: Lintasan Berita 8:05 TV Series: Hati Yang Mendua 9:00 World News 9:30 Sport: Arena & Juara 10:45 Film: Malarek 11:30 Late News 11:35 Film: Dead Wrong...

Central Jakarta riverbank repaired

Central Jakarta riverbank repaired JAKARTA (JP): The city administration is increasing the height of flood damaged riverbanks in Jati Petamburan, Central Jakarta, to prevent nearby residential areas flooding again in the future. The head of the city council's Commission D for development affairs, Bandjar Marpaung, said on Thursday that the height of the 600-meter long riverbank, which also functions as a dike, will be raised by one meter.