Indonesian Political, Business & Finance News

Archive: 11 October 1996

56 articles found

Ex-activists group backs Soeharto's renomination

Ex-activists group backs Soeharto's renomination JAKARTA (JP): Former student activists grouped in the Keluarga Besar Laskar Arief Rachman Hakim have expressed their determination to back renomination of President Soeharto for a seventh term in 1998. The ex-activists aired their support for Soeharto's renomination at the end of their three-day congress yesterday.

Government laments increase in soccer-related violence

Government laments increase in soccer-related violence JAKARTA (JP): The government deplored yesterday the mounting violence at soccer matches and called on clubs to avoid mobilizing supporters. State Minister of Youth Affairs and Sports Hayono Isman said after a meeting with senior officials of the All-Indonesia Football Association that the government was disappointed that soccer matches always seemed to trigger riots among rival supporters.

Shipbuilder to be modernized

Shipbuilder to be modernized SURABAYA, East Java (JP): PT Dok & Perkapalan Surabaya, a state-owned shipbuilding company based here, is investing Rp 3 billion (US$1.2 million) to upgrade its facilities to international standards. Company president Sudarman Sellang told The Jakarta Post yesterday that the company has bought new software and hardware facilities to improve its designing and maintenance services.

Tennis body to decide fate of Benny Wijaya

Tennis body to decide fate of Benny Wijaya JAKARTA (JP): The Indonesian Tennis Association has summoned its Jakarta chapter to a meeting scheduled for this afternoon to learn what the chapter has to say about the doping scandal involving Benny Wijaya. A senior official with the association, Eddy Katimansah, said that later in the evening, the association's 11 top brass, including Eddy himself, are expected to attend a closed-door meeting to decide Benny's fate. Former national men's singles No.

Theft of antiquities

Theft of antiquities From Merdeka Two oil paintings, one by Raden Saleh, Portrait of a Dutch Governor Wearing the Willems Order (Raffles) (1869), and another by Basuki Abdullah, A Nude, (undated) were withdrawn from the auction of Christie's International Singapore, because the two paintings had been stolen from the National Museum in Jakarta. The latest news was that 12 paintings, not two, had been stolen from the same museum.

SEAG to feature 440 medal events

SEAG to feature 440 medal events JAKARTA (JP): The Southeast Asian Games Federation Executive Committee Meeting agreed yesterday that the upcoming 19th Southeast Asian Games will feature 440 medal events in 34 sports. Rio Tambunan, the National Sports Council's foreign affairs deputy, told a press conference at the Dusit Hotel, Mangga Dua, West Jakarta, that all countries agreed to feature 440 events in the Games, which will be staged here from Oct. 10 to Oct. 19 next year.

Quest renovates factory

Quest renovates factory JAKARTA (JP): Quest International, a fragrance, flavors and food-ingredients business headquartered in Nardeen, the Netherlands, has renovated its 25-year-old factory in Cimanggis, West Java, to become its Asia-Pacific base. The factory, which cost US$12 million to renovate, was dedicated yesterday by Minister of Industry and Trade Tunky Ariwibowo. The Cimanggis plant is Quest's second largest factory after its plant in Ashford, Britain.

Envoy recalled after alleged rape

Envoy recalled after alleged rape KUALA LUMPUR (DPA): Croatia recalled its ambassador to Malaysia yesterday following a civil law suit filed the day before in Kuala Lumpur by a 27-year-old Filipina maid alleging that she was raped and molested by the man over a five-month period. The Foreign Ministry in Zagreb announced officially yesterday that after an investigation "appropriate measures" would be taken.

Twisting the effects away in hair-raising tornado yarn

Twisting the effects away in hair-raising tornado yarn By Yenni Kwok JAKARTA (JP): In Twister, Helen Hunt and Bill Paxton may have the leading roles, chasing dreaded tornadoes for the sake of science and humanity. But there is no doubt that the real star of the movie is the tornado itself. It is wild and powerful. It hurls, flattens everything to the ground, picks up everything; houses, cars, even cows.

Anticipating floods

Anticipating floods It appears that the rainy season is here again. Yesterday (Wednesday) President Soeharto had to cancel his plan to inaugurate a project at Ciamis. His plane could not take off in the heavy rain. For some of our people the coming of the rainy season means that it's time for planting. For others it means that the time has come to bring in the harvest.

RI, Malaysia buy 60,000t U.S. soybeans

RI, Malaysia buy 60,000t U.S. soybeans SINGAPORE (Reuter): Malaysia and Indonesia bought a combined total of 60,000 tons of U.S. soybeans as the rest of Southeast Asia's grain and oilseeds trade sat back to wait for the USDA crop report due today, traders said yesterday. "There's been some sporadic buying going on, but everybody's waiting for the USDA crop report which will give people here leads on their buying orders," a senior trader in a Western commodity house said.

Court rejects Megawati's lawsuit over PDI dispute

Court rejects Megawati's lawsuit over PDI dispute JAKARTA (JP): Ousted leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri met a stumbling block in her legal battle yesterday when a court refused to try her lawsuit against the government and her political foes. Presiding Judge I Gde Ketut Sukarata of the Central Jakarta District Court said it had no jurisdiction to try the case.

Indonesian verses golfing legends

Indonesian verses golfing legends JAKARTA (JP): Indonesian amateur golfer Frederik Lekatompessy has qualified to compete against some world golfing legends in the 1996 Australian BMW Golf Cup International Final in Brisbane, Australia, scheduled to start today and end on Saturday.

TV today

TV today TVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Animated Classic 3:05 TV Series: Remaja Indonesia 3:30 TV Series: Emergency Call 4:05 Comedy 4:30 Student Quiz: Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 6:05 Travel: Central Java 6:15 Village Program 6:45 Information 7:00 Evening News 7:25 Filler 7:30 Development Program: Dinamika 8:05 Music: Permata Nusantara 9:00 World News 9:30 Music 10:30 Late News 10:40 TV Drama: Hati Yang Mendua Program 2 4:30 p.m.

RI's first quintuplets in great shape

RI's first quintuplets in great shape BANDUNG (JP): Indonesia's first quintuplets turned three days old yesterday and are doing great, to the delight of their parents and doctors at Borromeus Hospital, where they were born and are being treated. "They are fine, and the mother is too. Even baby number four, who had a respiratory problem common to premature babies, is doing well," said hospital director Albert I. Hendarta. The babies have also started to learn to feed from a bottle.

Foreign food franchising may be curbed

Foreign food franchising may be curbed JAKARTA (JP): The government is seeking a way to curb the mushrooming activities of foreign food franchisees in the country in a bid to protect the popularity of local foods, a minister said. State Minister of Food Ibrahim Hasan said yesterday that President Soeharto had asked related ministers to seek a way to restrict the activities of foreign food franchisees.

Developers told to coordinate drainage systems

Developers told to coordinate drainage systems JAKARTA (JP): The secretariat head of the Greater Jakarta Coordination Board has suggested that developers coordinate the design and construction of drainage systems to prevent floods. This would prevent floods not only in their project areas, but also in surrounding sites, secretariat head Gunawan said yesterday.

Upi gears up for Asian chess meet

Upi gears up for Asian chess meet JAKARTA (JP): International Master Upi Darmayana Tamin will be the only Indonesian to contest the Asian Women's Chess Championships next week in Tamil Nadu, India. The Indonesian Chess Association has informally named the country's female number-one chess player as its representative for the biennial tournament.

U.S. backs exports to RI

U.S. backs exports to RI WASHINGTON (Reuter): The U.S. Agriculture Department Wednesday authorized US$100 million in credit guarantees for sales of U.S. farm goods to Indonesia under the Export Credit Guarantee Program (GSM-102) for fiscal year 1997. The department said the commodities covered include wheat, oilseeds, protein meals, feed grains, pulses, barley malt, breeder livestock, poultry breeder stock, meat, cotton and rice.

Indonesian old hands shine in Asian track and field c'ship

Indonesian old hands shine in Asian track and field c'ship JAKARTA (JP): Indonesian old hands scored an admirable feat and eluded their much stronger juniors when they scooped up gold medals galore to finish fifth in the 9th Asian Veteran Track and Field Championships in Seoul recently.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 10, 1996 Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 750 25 205,500 Andayani Megah 1,000 -25 888,000 Aneka Kimia Raya 1,350 0 190,000 Anwar Sierad 2,175 75 214,000 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,450 75 2,525,000 Argo Pantes 1,900 0 0 Asahimas Flat 1,425 0 1,050,500 Asiana IMI...

Sampoerna shares rebound 5.8% after 22% drop

Sampoerna shares rebound 5.8% after 22% drop JAKARTA (JP): The share price of cigarette maker HM Sampoerna rebounded by 5.8 percent yesterday on bargain hunting following a 22 percent drop in the first three days of this week, dealers said. Meanwhile, the Jakarta Stock Exchange Composite Index inched up 1.7 points to 567.92, mainly due to speculative buying on second liner and third liner stocks.

Australia falls to India

Australia falls to India NEW DELHI (Reuter): Australia crumbled from 81 for one to 182 all out against India's spinners on a dry and cracked pitch on the first day of the one-off test yesterday. Leg-spinner Anil Kumble snapped up four for 63, left-arm spinner Sunil Joshi captured two for 36 and Aashish Kapoor took two for 30 with his off-breaks.

'Market needs govt intervention'

'Market needs govt intervention' By Vincent Lingga and Prapti Widinugraheni MEDAN, North Sumatra (JP): Minister of Finance Mar'ie Muhammad asserted here yesterday the need for government intervention in a managed market economy, but underlined that it should be rule- based, transparent and aimed at the public's interest.

ASEAN societies to use condoms to combat AIDS

ASEAN societies to use condoms to combat AIDS SINGAPORE (Reuter): ASEAN countries said yesterday their conservative societies would increasingly use condoms to fight the spread of AIDS, which experts predict will infect two million people in the region by 2000.

Soeharto to inaugurate Sulawesi gold mine

Soeharto to inaugurate Sulawesi gold mine JAKARTA (JP): President Soeharto is scheduled to inaugurate a gold mine operated by PT Newmont Minahasa Raya in North Sulawesi soon. The mine is expected to produce 93,000 ounces of gold this year, North Sulawesi Governor E.E. Mangindaan said, without giving a specific date for the inauguration.

Southeast Asian art auctions all the rage in Singapore

Southeast Asian art auctions all the rage in Singapore By Amir Sidharta SINGAPORE (JP): Art at auction was certainly the theme in Singapore last weekend, when two auctions of approximately 330 Southeast Asian paintings were offered by the world's two major auction houses. Sotheby's auction on Saturday was highlighted by the sale of Le Mayeur's Three Women Weaving in the Garden, which sold at a hammer price of S$300,000, double the estimate of S$120,000- $150,000.

ABRI's role in politics expected to increase in future: Syarwan

ABRI's role in politics expected to increase in future: Syarwan JAKARTA (JP): The Armed Forces (ABRI) chief of sociopolitical affairs, Lt. Gen. Syarwan Hamid, is predicting that the military will play a greater role in sociopolitics in the next five to ten years. "This expected increase is in accordance with the...

Indonesia to move events to Asian PGA

Indonesia to move events to Asian PGA JAKARTA (Agencies): The Indonesia PGA on Wednesday switched their top three tournaments, worth more than US$750,000, from the Asia-Pacific Golf Confederation to the rival Asian PGA tour. "We were concerned that the fields for our tournaments in Indonesia were seeing fewer and fewer Asian players," said Bob Hasan, vice president of the Indonesian players' association.

Five people arrested for violent burglary

Five people arrested for violent burglary JAKARTA (JP): North Jakarta Police have arrested four men and a woman from a group of six who allegedly stole five 100-gram gold bars, Rp 2 million (US$854.70) in cash and some jewelry from a shop house, while wounding the shop's owner and her maid. Lt. Col. Rismanto, the newly-appointed North Jakarta Police chief, said yesterday that the violent burglary on Wednesday was allegedly plotted by Marsikah, alias Sri, 25; the only female member of the group.

Kaltim Methanol secures market for its exports

Kaltim Methanol secures market for its exports JAKARTA (JP): PT Kaltim Methanol Industri, wholly-owned by the Humpuss Group, has secured an export market through a long-term off-take agreement with Nissho Iwai Co. of Japan, the company's president Abdul Wahab said yesterday. Wahab said that Nissho Iwai, which arranged the offshore loans of some US$250 million for Kaltim Methanol, agreed to purchase 60 percent of the company's total output. "We now have a captive export market for our products.

Five ships nabbed for illegal fishing

Five ships nabbed for illegal fishing JAKARTA: The Navy has captured five local ships manned by foreigners for fishing illegally in Natuna Island waters. Chief of the Navy's Western Fleet, Rear Admiral Achmad Sutjipto, said here Wednesday the ships carrying Indonesian flags were seized by three warships patrolling the area. "The trawlers do not have the necessary documents and their crews, all of them Thais, will be further investigated," Sutjipto stated in a press release.

U.S. congressmen seek information on RI labor

U.S. congressmen seek information on RI labor JAKARTA (JP): Two American congressmen met with executives from the All-Indonesia Workers Union Federation yesterday to obtain first-hand information about labor issues in Indonesia. Republican Joseph Rees and Democratic party member Robert Hathaway spent one hour discussing minimum wages, child labor and other issues in Indonesia.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, nightly except Sunday, 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday, Sunday, 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday, 7:15 p.m. to 11 p.m. - Ambassador Lounge: Pianist Sudarmadi, Monday through Saturday, 7:30 a.m to 9:30 a.

Dutch ambassador doubts pilot will be extradited

Dutch ambassador doubts pilot will be extradited JAKARTA (JP): Dutch Ambassador to Indonesia Paul Reitze Brouwer hinted yesterday that Holland may not extradite the Indonesian pilot who was arrested at Schiphol airport late last month for allegedly trying to smuggle 8,000 Ecstasy pills. "There's no extradition treaty between the Netherlands and Indonesia," Brouwer told a press conference.

Taiwan gives RP another look

Taiwan gives RP another look By Rita Raagas MANILA (UPI): Taiwan's investments in the Philippines are loose change compared with the money it puts into other Southeast Asian nations, but its neighbor is now getting a second look. Propelled largely by tax breaks, but also by changing politics, Taiwanese investors poured US$1.3 billion into a special economic zone in the northern Philippines in 1995 alone.

Herve Dangla holding 2nd photo expo on Jakarta

Herve Dangla holding 2nd photo expo on Jakarta By Yenni Kwok JAKARTA (JP): In Herve Dangla's eyes, Jakarta is a belantara, an "organized" forest where the extremes coexist. However, despite the existence of the extremes, such as extreme human characters or unusual styles of architecture, Jakarta is still far from being a wild jungle. In Dangla's opinion, it still has some order and organization.

Scavenger tried for raping children

Scavenger tried for raping children JAKARTA (JP): A 61-year-old scavenger was charged in the East Jakarta District Court yesterday for raping 12 boys, all street children aged between 11 and 16 years. The suspect, a resident of Pondok Gede, Bekasi, committed the alleged crimes between January 1994 and July 1996, prosecutor Azwar told the closed hearing.

'Tifa' reporters still on strike

'Tifa' reporters still on strike JAYAPURA, Irian Jaya: Journalists from the local weekly Tifa continued their strike yesterday. The publication has been closed since the second week of September. A journalist from the weekly, Anthon Kelangename, said one of their demands was the removal of chief editor Bill Retob, whom they accuse of mismanagement.

Soeharto says financial services will be protected

Soeharto says financial services will be protected JAKARTA (JP): President Soeharto stressed yesterday that the government will not open financial services in the country too much to foreign investors, even though many of them want to enter the country.

53rd Armed Forces Civic Mission opens

53rd Armed Forces Civic Mission opens JAKARTA (JP): City military commander Maj. Gen. Sutiyoso said yesterday that the soldiers taking part in the 53rd edition of the Armed Forces Civic Mission would join forces with the public and students to handle floods in the capital and its surrounding areas during the rainy season. Sutiyoso made the remark at the opening of the 53rd edition of the Armed Forces Civic Mission at the compound of the Central Jakarta mayoralty office.

Dolce & Gabbana benefits from lingerie boom

Dolce & Gabbana benefits from lingerie boom By Dini S. Djalal JAKARTA (JP): Modern-day feminist films such as The First Wives Club may be making headlines (and the cover of Time magazine), but Wonderbra ads are stopping the traffic. Grown men across Europe and the United States pine and pant at billboards glorifying the lingerie-enhanced cleavage of model Eva Hervazigova. Men aren't the only ones turning their heads. The garment industry is in a slump, but lingerie sales are skyrocketing.

Gas oil price at 5-year high

Gas oil price at 5-year high SINGAPORE (Reuter): Singapore gas oil traded yesterday at a five-year high of $30.00 per barrel on expectations of renewed buying interest from China and Indonesia, traders said. Traders said Shell Singapore sold 150,000 barrels loading Oct. 27-31 to a Japanese trading house and another buyer was seen for a November cargo at US$29.85 per barrel. The sale comes on talk of the emergence of limited buying from China.

2,000 workers continue strike

2,000 workers continue strike TANGERANG, West Java (JP): At least 2,000 employees of PT Starwin Indonesia continued their strike yesterday, demanding that the company pay their attendance allowances, which have not been given to them in the past six months. The workers, who went on strike Monday, refused to enter production rooms. They gathered in the factory compound instead. They also protested the management's decision to dismiss 180 employees.

Indonesia won't quit WTO despite car dispute: Tunky

Indonesia won't quit WTO despite car dispute: Tunky JAKARTA (JP): Indonesia will not resign its World Trade Organization (WTO) membership and it wants a peaceful solution to its car dispute with the world's three largest trading powers, Minister of Industry and Trade Tunky Ariwibowo said yesterday. The European Union (EU), Japan and the United States have all protested Indonesia's national car policy.

Accused drug dealer may get 8 months

Accused drug dealer may get 8 months TANGERANG, West Java (JP): The prosecutor in the trial of a 37-year-old man charged with trying to hawk 711 Ecstasy pills demanded at the Tangerang District Court yesterday that the defendant be sentenced to eight months imprisonment. Prosecutor R. Saragih told the court that the defendant, FAP alias Afon, was proven guilty of trafficking the pills.

Try warns against materialism

Try warns against materialism JAKARTA (JP): Vice President Try Sutrisno said yesterday that the country's focus on economic development must not create a materialistic society. He called for a reinforcement of moralistic values to protect against hedonistic and individualistic tendencies that often accompany materialistic traits.

Flights of Ecstasy

Flights of Ecstasy From Media Indonesia Once more Ecstasy is in the news. This time a Garuda pilot was nabbed by the Dutch police with 8,000 pills stashed in his vest. The government has made it known through attorney general Singgih that the hearing should be held in Indonesia, which he says would mete out a stiffer sentence. We would like to make the following comments: * The Attorney General's statement is hard to accept. We know that our present laws are far from effective.

Legal associations rally behind Megawati's lawyers

Legal associations rally behind Megawati's lawyers JAKARTA (JP): Indonesian lawyers are rallying to support R.O. Tambunan who has been accused of playing politics by being the principal legal counsel of the ousted leader of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri.

Businessman 'abducts' 4 girls

Businessman 'abducts' 4 girls SEMARANG: A building contractor was arrested yesterday and charged with abducting four teenage girls and taking them to a hotel here. The four girls -- three aged 16 and the other 17 -- met up with the man and were taken to a hotel where they were allegedly held for four days by 32-year-old Her. Her denied the charges. "We did it willingly. I never forced them," said Her, adding that there was also no financial transaction involved.

Clemont changes name

Clemont changes name JAKARTA (JP): PT Clemont Finance Indonesia Corporation, a multifinance arm of the KORINDO Group, yesterday changed its name to PT DongNam Clemont Finance Indonesia due to the entrance of DongNam Bank of Korea as its new partner. Chairman of the KORINDO Group Seung Eun-Ho said that DongNam currently owns a 50 percent stake in the joint venture, while Clemont Financing Co. Ltd.

Ulemas urge city to improve alcoholic beverage decree

Ulemas urge city to improve alcoholic beverage decree JAKARTA (JP): Hasan Basri, the head of the Indonesian Council of Ulemas (MUI), urged the city administration to form a team to improve the provincial decree on alcoholic beverages, which is now at the Ministry of Home Affairs awaiting approval. Hasan said yesterday in a hearing with the city council that the team, which includes experts, can improve the decree by adding aspects which were not yet covered by the decree.

'Gender not an issue in rights body's membership'

'Gender not an issue in rights body's membership' SURABAYA (JP): National Commission on Human Rights member Soetandyo Wignyosoebroto disregarded a colleague's suggestion that the commission recruit women to fill four vacant posts. "Gender is not a consideration in the composition of the commission. We don't differentiate between the rights of women, men or children," he told The Jakarta Post here yesterday.

Soeharto to be 'father of integration'

Soeharto to be 'father of integration' DILI, East Timor: President Soeharto will be honored as the "Father of East Timor Integration" by the local community during a visit here next week. The ceremony will begin with an official show of traditional East Timorese attire led by the speaker of the provincial legislature, Antonio Freitas Parada. As reported by Antara Soeharto will inaugurate several projects totaling Rp 90 billion, including the 4.2-kilometer Ibu Tien Soeharto road.

Military

Military Correction: In our front page story "Military and civilians have equal chance at presidency" yesterday, we stated that the late former president Sukarno was a military leader, which is incorrect. Also on this page in the article on Maj. Gen. Hendropriyono, the new head of the Bandung-based Army's Weapon and Infantry Education Center is Maj. Gen. Luhut B. Panjaitan. We apologize for the errors. -- Editor

Govt raises its target for telephone lines

Govt raises its target for telephone lines JAKARTA (JP): The government says it will install even more telephone lines during the ongoing Sixth Five-Year Development Plan period to end in March 1999, raising its previous target for new telephone lines by 54 percent from five million to 7.7 million.