Indonesian Political, Business & Finance News

Archive: 29 January 1996

37 articles found

Indofood's profit up 38%

Indofood's profit up 38% JAKARTA (JP): PT Indofood Sukses Makmur, the largest instant noodle producer in the country, reported a 38 percent increase in its net profit to Rp 305 billion (US$132.3 million) last year. A director of the company, Eva Ryanti Hutapea, said that the acquisition of PT Bogasari Flour Mill last July allowed the company to increase the production of instant noodles which remained as the backbone of the company's business.

Expert hails plan for new IKIP status

Expert hails plan for new IKIP status JAKARTA (JP): Education expert Marsetio Donoseputro welcomes the government's plan to turn the state-run Teachers Training Institutes (IKIP) into full-fledged universities. The plan, announced by Minister of Education and Culture Wardiman Djojonegoro last week, will place less emphasis on teaching subjects and more on the subjects being studied by students.

Iin Masitoh, coping with the pain of leprosy

Iin Masitoh, coping with the pain of leprosy TANGERANG (JP): Leprosy can destroy the future of sufferers, ending all their dreams. Love can become a nightmare. The joy of marriage, built up over many years, can easily fall apart. "I never dreamed of being separated from my husband and three lovely children," Iin Masitoh, 42, told The Jakarta Post during a recent interview at the Sitanala Leprosy Hospital.

'Democratization will reshape function of military in RI'

'Democratization will reshape function of military in RI' JAKARTA (JP): The Armed Forces (ABRI) will soon be faced with the dilemma of either maintaining its current political role or reducing it to help accelerate democratization, political analysts said on Saturday. This choice will confront ABRI as demands for democratization in the nation increase, said the analysts at a seminar on military and civil society organized by the Association of Indonesian Catholic Students.

Timorese likely to leave Polish Embassy this week

Timorese likely to leave Polish Embassy this week JAKARTA (JP: The 12 East Timorese youths holed up at the Polish embassy since Thursday are expected to leave for Portugal this week. The head of the local office of the International Committee of the Red Cross, Henri Fournier, told Reuters yesterday that the asylum seekers would probably leave on Monday (today). "I don't see what could be the obstacle," he said.

Road project cuts off 5,000 phones

Road project cuts off 5,000 phones JAKARTA (JP): As many as 5,000 telephone lines in Tangerang, which have been disrupted since Friday, have yet to be made operable. The head of PT Telkom West Jakarta Office, Jimmy R. Villanueva said the disruption was due to the enlargement project of Jl. Raya Serang. "The project works have damaged the optical fiber connecting the Automatic Telephone Stations in Tangerang and Balaraja.

PPD bus drivers demand better working climate

PPD bus drivers demand better working climate JAKARTA (JP): Twenty-two people representing more than 12,000 employees, mostly drivers, of the state-owned bus company PPD went to the Indonesian Prosperous Labor Union (SBSI) on Saturday seeking help over their uncertain status and poor working conditions.

Two die in armed robbery

Two die in armed robbery BANDUNG: Two shoe factory workers in the Balekambang village, Majalaya district, were killed in an armed robbery on Saturday, Antara reported. Security guard Cucu Suhaya and another worker, Hermayadi, were killed by a gang of seven robbers. Two other security guards are currently being treated in a nearby hospital for stab wounds. Police believe the robbery and murders occurred at 2 a.m.

Crime wave rocks the first four weeks of 1996

Crime wave rocks the first four weeks of 1996 JAKARTA (JP): Besides heavy flooding, fires and the rising prices of several commodities, grim murders, sexual abuse, robberies and fraud, have marked the first month of this year. In many cases, the motives for the crimes were money and sex. Two days before 1996 started, a 28-year-old housemaid was found dead with 16 stab wounds at her employer's house in the BPS housing complex in Pondok Bambu, East Jakarta.

EZ 135 Drive: Another alternative for flexible storage

EZ 135 Drive: Another alternative for flexible storage By Zatni Arbi JAKARTA (JP): There are three words that always stay on top of the wish list of any serious computer user: Faster, bigger and cheaper. The word durable doesn't even seem to be on this list, since most computer users can't really expect to be using the same components in three years time that they bought last week. In the area of fixed storage media, for example, hard disk capacity has increased tremendously.

Ramadhan time for Jakarta

Ramadhan time for Jakarta Monday Maghrib 6.20 p.m. Tuesday Imsak 4:24 a.m. Subuh 4.34 a.m.

Military admits error in handling Jember farmers

Military admits error in handling Jember farmers SURABAYA (JP): The Chief of the Brawijaya Military Command said on Saturday that some of his soldiers violated procedures in handling the conflict between tobacco farmers and a state plantation company in Jenggawah near Jember last August. In another startling admission by the military, Maj. Gen. Imam Utomo promised that those responsible would be punished in accordance with military law.

Stock market bolstering

Stock market bolstering Your editorial Stock market bolstering (Jan. 19, 1996) was impressive. The Indonesian government did an excellent job issuing 103 regulations for the new capital market law (Law No. 8/1995). As you rightly said, these regulations will provide stronger and clearer legal framework for Indonesia's emerging stock exchanges.

TV today

TV today TVRI 2:35 p.m. TV Series: Saber Rider and The Star Sheriff 3:00 News: Lintasan Berita 3:05 Children's Program: Riang Ria 3:30 Quiz: Cepat Tepat 4:00 News: Lintasan Berita 4:05 TV Series: Al Jamalludin Al Afghani 5:00 Evening News 5:25 Travel: My Country 5:30 Cultural Program 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Profession 7:00 Evening News 7:25 Garuda Pancasila/Filler/Trailer 7:30 TV Drama: Tembang Kota 8:00 News: Lintasan Berita 8:05...

Cellular phones smuggled

Cellular phones smuggled JAKARTA (JP): Almost 40 percent of the estimated 200,000 cellular telephones currently being traded here have been smuggled into the country even though the phones are no longer subject to import duty.

Glodok shop owners to sue government, private firm

Glodok shop owners to sue government, private firm JAKARTA (JP): One hundred resentful shop owners are suing the government and a private company for putting them in limbo. "We will be filing two separate suits in two separate courts on Tuesday," said Gunawan Tjahjadi, one of the lawyers for the shop owners. The shop owners who ply their trade in pedestrian walkways in Glodok have been upset for weeks because they have to choose between paying a huge sum of money or leaving their shops.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: Solo Pianist, daily from 7:30 p.m. to 10:30 p.m., opening hours Monday to Sunday 11 a.m to 1 a.m. * Hotel Aryaduta, 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.

Elections and the law

Elections and the law If the government persist in leaving vacant the Indonesian Democratic Party seats in the East Java provincial general election committee, the party intends to lodge a complaint against the government in the 1998 session of the People's Consultative Assembly. Some people suggest that the question be settled through amicable discussion. Others suggest that it be settled in court.

New deregulation measures to boost locar car industry

New deregulation measures to boost locar car industry JAKARTA (JP): The new package of deregulation measures announced last Friday will boost the local automotive industry even though it will not immediately result in the drop of domestic car prices, according to local car manufacturers. The chairman of the Indonesian Automotive Industry Association (Gaikindo), Herman Z.

Auctioning promises great business prospects

Auctioning promises great business prospects JAKARTA (JP): Auctioning in Indonesia has tremendous business potential for the private sector to tap especially now that the government allows privately owned auction houses. Chairman of the State Receivership Agency, Adolf Warouw, told journalists here that public demands for auctioning have grown tremendously. "The public demand for the auctioning of various goods, property and other fixed assets is already high.

Firm joins beer tax protest

Firm joins beer tax protest AMSTERDAM (Reuter): Brewer Heineken said its Indonesian subsidiary had halted beer distribution to the tourist island of Bali, joining an industry-wide protest at the way local excise duties were implemented. "We are not objecting to the payment of excise duties -- that's the law," a Heineken spokesman said.

Intitirta produces mineral water

Intitirta produces mineral water JAKARTA (JP): PT Grahamas Intitirta, a subsidiary of the Kodel Group, entered into the competitive mineral water business by launching its first mass produced packaged drinking water, manufactured in Kuningan, West Java. The company said that the company's plant is capable of producing 18 liters of mineral water per second.

Hostages' whereabouts still unclear

Hostages' whereabouts still unclear JAKARTA (JP): The military authorities in Irian Jaya are in the dark about the whereabouts of 13 people kidnapped by the Free Papua Movement (OPM) gang and their captors. "There has been no new development today, since rebel leader Kelly Kwalik cut our communication contact with them," Capt. Edi Sulistiadi, an information officer of the Trikora Military Command, told The Jakarta Post by phone last night.

Economists cool on new reforms

Economists cool on new reforms JAKARTA (JP): Local analysts have given a lukewarm reception to the new deregulation package, arguing that the government has failed to address the key problems hindering exports. "Generally speaking, I think the measures will help improve the country's export performance. But they are not enough. The government has yet to deal with the key problems," Chairman of the Indonesian Business Data Center Christianto Wibisono told The Jakarta Post over the weekend.

'City still owns land in Ragunan'

'City still owns land in Ragunan' JAKARTA (JP): The city secretary, Harun Al Rasyid, said that the land and houses in Ragunan, South Jakarta, which were sold by employees of the city husbandry office are city assets. Harun said over the weekend that the administration is still the rightful owner of the 3,000-square-meters of land, as well as the houses standing there. "We have evidence to prove it, therefore the sale was illegal because they sold other people's property," Harun said.

Firm's monopoly to sell pesticide stickers queried

Firm's monopoly to sell pesticide stickers queried JAKARTA (JP): Pesticide producers complained last week about the agriculture ministry's ruling that requires them to attach hologram stickers to the containers of their products before they can be sold, saying that it would cause additional costs. The complaints were raised amid the dispute currently raging between beer brewers and another private monopoly which issues and sells stickers for beer and other alcoholic drinks to be sold in Bali.

If the GDP is up, why do I feel down?

If the GDP is up, why do I feel down? By Gary Gentry JAKARTA (JP): If you and your neighbors have to buy security or alarm systems for your houses because of crime in the area, does that expenditure make you feel wealthier? If you are in a minor auto accident and have to spend Rp 200,000 to repair your car does that expense improve your financial well-being? Stupid questions, aren't they?

Lepers opt to stay longer at leprosarium

Lepers opt to stay longer at leprosarium The last Sunday of January every year is celebrated by the earth community as World Leprosy Day. This year, Indonesia celebrates the day under the theme of Let's Free Our People from Leprosy through the Multi-Drug Treatment System. The Jakarta Post reporter, K. Basrie, paid a visit last week to patients at the 45-year-old Sitanala Leprosarium in Tangerang, West Java. Here are his reports.

Rohadi's case trial to start soon

Rohadi's case trial to start soon JAKARTA (JP): East Jakarta District Court is today scheduled to begin the trial of five people accused of killing a women and three children in Bambu Apus, on Oct. 2 of last year. The court has established three panels of judges to try the accused. Judge Sunarto, Judge Tojib Matderis and Judge Farida Achmad will lead the panels in trying the five suspects separately, according to Sanudin Napitupulu, the crime cases court secretary.

Minibus replacement proram halted

Minibus replacement proram halted JAKARTA (JP): The one-year-old plan to phase out Metro Mini and Kopaja minibuses from the city's main thoroughfares faces an uncertain future as the administration and the minibus companies have yet to reach a final agreement. Deputy Governor for Administration and Development affairs Tb. M. Rais said over the weekend that his office has ordered the City Land Transportation Control Agency to settle the matter with PT Metro Mini and Kopaja.

Leisure firm gets license

Leisure firm gets license SANTA MONICA, USA (Reuter): Harvey Entertainment Co said it licensed its stable of cartoon characters to an Indonesian leisure firm building an interactive entertainment center in Jakarta. Harvey will receive license fees and a share of merchandising revenues from PT Anugerah Persada's Harvey Entertainment Center, which will feature such characters as Casper, Richie Rich and Baby Huey, a statement said.

Damaged coral reefs to be studied

Damaged coral reefs to be studied SORONG, Irian Jaya: Forensic experts from the Ujungpandang police force will soon be dispatched to study the coral reefs and other marine life in the waters off the Mayaban Island, Misool district, which have been destroyed by potassium cyanide. Antara quoted the accusations of the director of the Irian Jaya police investigation unit, Col.

Govt prepays debts

Govt prepays debts By prepaying the high-interest portion of its foreign debts, the government has made a concerted, frontal attack on a main cause of the large deficit in the current account of Indonesia's balance of payments. As Finance Minister Mar'ie Muhammad reported to the House of Representatives last week, the government has over the last two years prepaid US$1.04 billion of the $2.15 billion high-interest loans derived from the World Bank and Asian Development Bank (ADB).

Retailers want fewer licenses

Retailers want fewer licenses JAKARTA (JP): The Indonesian Retail Business Association has asked the government to reduce the number of licenses needed to establish a retail business, the association's chairman Kustarjono Prodjolalito said.

Houses built for compensation

Houses built for compensation BANDA ACEH, Aceh: More than 280 makeshift houses have recently sprung up along the River Peusangan, built by residents hoping to obtain higher compensation once the government proceeds with its planned construction of a water-powered plant. Council members in Aceh surveyed the site earlier this month. Its chairman Achmad Amin said he suspected that the construction of the houses was "sponsored". In addition, he said, some fish ponds have been constructed.

NGOs fret as govt pushes on with nuclear agenda

NGOs fret as govt pushes on with nuclear agenda JAKARTA (JP): Non-governmental organizations (NGOs) voiced their objections over the weekend to the government's plan to push ahead with its plan to build Indonesia's first nuclear power plant without involving the public in the process.

Malaysian bank raises SRR beginning Feb. 1

Malaysian bank raises SRR beginning Feb. 1 KUALA LUMPUR (AFP): Malaysia's central Bank Negara Saturday announced an increase in the statutory reserve requirement (SRR) of banking institutions with effect from Feb. 1. Bank Negara said the SRR of commercial banks, finance firms and merchant banks would be raised by one percentage point from 11.5 percent to 12.5 percent of their eligible liabilities.