Indonesian Political, Business & Finance News

Archive: 12 October 1996

51 articles found

Nusamba confirms plan to acquire stake in Astra

Nusamba confirms plan to acquire stake in Astra JAKARTA (JP): PT Nusantara Ampera Bakti (Nusamba), a business group controlled by foundations headed by President Soeharto, has confirmed its plan to take over a majority stake in PT Astra International. Bob Hasan, a Nusamba commissioner, said that Astra, the country's largest automotive company is a healthy business entity to be part of. "Buying Astra shares will be for a long-term investment.

Fruit trees for auction

Fruit trees for auction JAKARTA (JP): The first-ever fruit-tree auction is scheduled to be held tomorrow at the Mekarsari fruit garden in Cileungsi, Bogor, West Java, to commemorate the garden's first anniversary. All the fruit trees to be auctioned will be potted. The trees were raised at the fruit garden. Those interested in the auction are welcome to come to the Graha Krida Sari building at the garden on Jl.

Croatian envoy to KL removed

Croatian envoy to KL removed KUALA LUMPUR (UPI): Croatian President Franjo Tudjman removed his country's ambassador to Malaysia in the wake of accusations that the envoy raped a Filipina maid, an embassy spokesman said yesterday. Maria Fe Ocampo, 27, filed a lawsuit last Wednesday against Ambassador Kresmir Znaidaric, whom she said raped her four times between April and August.

Prosecutor seeks eight months for student

Prosecutor seeks eight months for student JAKARTA (JP): A prosecutor yesterday demanded an eight-month prison sentence for a student accused of assaulting a policeman during a demonstration in Jakarta in June. Prosecutor Tony Spontana reminded the Central Jakarta District Court that three witnesses had testified that they saw the 19- year-old student throwing a brick at the officer.

Blasphemy case takes new turn

Blasphemy case takes new turn JAKARTA (JP): A Ministry of Religious Affairs official charged with blasphemy did not deny the accusation that he had defamed the sexual behavior of Torajan girls, but he told the court yesterday that he was quoting a school teacher's observations. The defendant, an official of the South Sulawesi religious affairs office, had been asked by the Central Jakarta District Court to respond to the testimony of a Pelita daily reporter.

'WTO best forum to address RI car policy'

'WTO best forum to address RI car policy' JAKARTA (JP): A senior U.S. official yesterday said Washington considers the World Trade Organization (WTO) the appropriate channel through which to address trade disputes, such as the one on Indonesia's national car policy, despite the involvement of APEC members.

'Koteka' not a sign of poverty in Irian

'Koteka' not a sign of poverty in Irian JAKARTA (JP): If you think Irian Jaya's Dani tribespeople who go around with nothing on but penis sheaths are poor, you are wrong. Jayawijaya Regent J.B. Wenas said in Jayawijaya Thursday many Dani residing in the spectacular Baliem Valley are "millionaires" who are proud to wear the traditional sheath. Koteka (penis sheaths) are not a sign of poverty as many people seem to think, the regent argued.

Belo and Horta receive Nobel peace prize

Belo and Horta receive Nobel peace prize JAKARTA (JP): Two East Timorese, Bishop Carlos Felipe Ximenes Belo and Fretilin separatist leader Jose Ramos Horta, were awarded the 1996 Nobel peace prize yesterday. Belo becomes the first Indonesian to receive the prestigious award. He and Horta now join the prestigious list of laureates which includes Myanmarese pro-democracy leader Aung San Suu Kyi and Palestinian President Yasser Arafat.

Govt defends provincial decree on alcohol

Govt defends provincial decree on alcohol JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. yesterday defended the controversial provincial decree on alcoholic beverages, saying it strives to control distribution and use of liquor rather than promote it. He pointed out that the decree is not meant to condone alcohol consumption as some Moslem groups have charged, but to help reduce the number of alcohol drinkers.

Taxi driver blues

Taxi driver blues From Kompas I was looking for a cab at terminal A of Soekarno-Hatta airport on Oct. 3 around 1:30 P.M., when a BB taxi, number A 106, approached me. The driver seemed friendly enough. I got in, and the driver asked: "Where are you going, Sir?" When I replied that I was going to Palmerah, he refused to take me, profusely apologizing. "I have to pick up someone else", he explained. I asked him: "Why did you approach me then?" D.J. PAMOEDJI Jakarta

Fedex service

Fedex service This is the second time I have had an unpleasant experience with Federal Express in Jakarta. Last September, I wanted to send some documents to London. A Fedex staff told me that it would cost US$37.5, so I bought dollars. I was surprised that Fedex did not have dollars for my change. They insisted I should pay in rupiah. I did not want to, because I would lose money changing my dollars back to rupiah. Following a long debate they finally agreed to my paying in dollars.

Five killed in attacks on East Java churches: Govt

Five killed in attacks on East Java churches: Govt JAKARTA (JP): Five people died when a mob attacked several churches and Christian schools in the East Java town of Situbondo on Thursday, but order has been restored, according to the government. "The government regrets the incident and hopes that it will never be repeated in any other part of the country," Minister/State Secretary Moerdiono said at his office yesterday.

Containing likely policy damage

Containing likely policy damage By Mari Pangestu JAKARTA (JP): The European Union (EU), Japan and the United States have all lodged complaints against Indonesia's "national car" policy with the World Trade Organization (WTO). Indonesia's national car policy allows only one domestic company to produce a "national" car with special privileges in the form of duty-free imports and exemption from luxury sales taxes.

Komselindo to upgrade its networks into CDMA

Komselindo to upgrade its networks into CDMA JAKARTA (JP): PT Komunikasi Selular Indonesia (Komselindo), one of the country's three analog cellular telephone operators, plans to improve its service by upgrading its networks into the Code Division Multiple Access (CDMA) technology. Komselindo's director of commerce, Zen Smith, said that his company had shortlisted three firms out of six overseas suppliers participating in the CDMA tender.

Tremors cause panic in Malaysia

Tremors cause panic in Malaysia KUALA LUMPUR (Reuter): A series of tremors shook parts of western peninsular Malaysia, including the capital Kuala Lumpur, late on Thursday, causing residents to flee their homes, the national Bernama news agency reported. There were no reports of damage or casualties from the tremors, which lasted several seconds, it said, adding that the quake caused power supply disruption to several areas.

Economist queries govt's role in the market

Economist queries govt's role in the market MEDAN, North Sumatra (JP): The government's intervention in a managed market economy may not guarantee greater welfare for the people if it is not carried out flexibly and transparently, an economist says. Anwar Nasution of the University of Indonesia's School of Economics said here yesterday that while there is no formula to determine how much a government should intervene in a market, sometimes no intervention is better.

Land agency firm on building permits for suburban areas

Land agency firm on building permits for suburban areas JAKARTA (JP): The National Land Agency has instructed its offices in West Java to stop issuing permits to developers who want to build housing complexes in Bogor, Tangerang and Bekasi. One of the agency's public relations officers confirmed yesterday that the instruction issued on Oct. 3, 1996, has been sent to its offices. The instruction was reportedly issued based on the number of housing projects planned for 92,298 hectares of land.

PLN and PT Cepa agree on contract amendments

PLN and PT Cepa agree on contract amendments JAKARTA (JP): The state-owned electricity company PLN has signed three contract amendments with PT Consolidated Electric Power Asia (Cepa) of Hong Kong and has issued a financial disclosure for the private company's Tanjung Jati-B power plant project in Central Java.

The Bernas case

The Bernas case From Merdeka Fifty days have passed since Bernas daily journalist Fuad Muhammad Syafruddin, also named Udin, 35, died after an unknown group of people attacked him in his home in Bantul, Yogyakarta, on Aug. 13. It is strongly suspected that Udin's death was brought about because of his critical writings on certain people. After an investigation that has lasted quite a long time, the case seems to have become increasingly confusing.

RP's foreign investments up

RP's foreign investments up MANILA (AFP): Net foreign investments in the Philippines in the first half of 1996 rose 178 percent over the same period last year to US$1.6 billion, documents released here yesterday. Net foreign investments, as listed in the documents from the Central Bank of the Philippines, measures the inflow of investments into this country minus the outflow of investments abroad.

Project to protect Sumatran tigers

Project to protect Sumatran tigers BANDAR LAMPUNG, Lampung: The British Tiger Foundation International, the Tiger Foundation Asia and Taman Safari Indonesia have initiated a project which aims to save Sumatran tigers from extinction. The Tiger Project's initial activities consist of collecting data on the tiger population and their habitat, chief of the Agency for Conservation of Natural Resources Harjanto WS said yesterday.

Christine Hakim

Christine Hakim From Merdeka The noted film actress Christine Hakim, often nicknamed Indonesia's Meryl Streep or Jodie Foster, who has not made a film for many years, is finally to act in a sinetron (TV serial). National movie mogul Raam Punjabi patiently coaxed Christine for three months into accepting a role in a sinetron he is to produce. Christine Hakim's versatile acting will certainly bring new life to the sinetron business.

More competition in power projects likely

More competition in power projects likely JAKARTA (JP): To stimulate competition in the electricity business the government says it will increase the number of projects that require investors to secure their contracts through tenders, a senior government official said yesterday.

Local drivers gear up for season-end rally

Local drivers gear up for season-end rally JAKARTA (JP): The National Rally Championship's fourth and final leg, in Bandar Lampung next weekend, looks to set to be a nail-biting confrontation among the top five title contenders. Defending champion Tony Hardianto, with 45 points, heads for the season-ending race with a slender 2.5-point lead over Hutomo Mandala Putra at the top of the standings.

Scorpion seeking finance

Scorpion seeking finance TORONTO (Reuter): Scorpion Minerals Inc said it planned to raise between C$15 million and C$19.5 million through the private placement of special warrants. Loewen, Ondaatje, McCutcheon Ltd agreed to complete the financing, Scorpion said. The proceeds would be used to fund continued exploration and development of mineral properties in Indonesia, it said.

World tennis organizations declare Benny innocent

World tennis organizations declare Benny innocent JAKARTA (JP): Controversies surrounding the 14th National Games doping test results are looming large after the two world tennis bodies declared Benny Wijaya clean.

Woman turns plastic waste into a money-making asset

Woman turns plastic waste into a money-making asset By Joko Suwarno BOGOR, West Java (JP): The rainy season has returned. Pedestrians gingerly tread sodden streets and motorists drive slowly around potholes while clogged drains overflow. Plastic waste is one of the culprits clogging the drains, and is a large part of the inorganic waste that piles up each day. In Jakarta alone the number of plastic bags thrown away each day is estimated to be able to cover 2,600 soccer fields.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 11, 1996 Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 775 25 733,000 Andayani Megah 1,000 0 141,000 Aneka Kimia Raya 1,350 0 0 Anwar Sierad 2,250 75 1,570,500 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,475 25 1,856,000 Argo Pantes 1,900 0 0 Asahimas Flat 1,425 0 897,000 Asiana IMI...

East Jakarta police get new boss

East Jakarta police get new boss JAKARTA (JP): The city police chief, Major General Hamami Nata, yesterday installed Lt. Col. Nanan Soekarna as the new chief of the East Jakarta police precinct, replacing Lt. Col. Gories Mere. "Gories Mere has succeeded in solving a series of murder cases, including the killing of police Major Nunang Kohar, the slaughter of Rohadi's wife and children and a series murders of children which are widely called the sodomy sexual assaults," Hamami said.

City decides to delay Kramat Tunggak plan

City decides to delay Kramat Tunggak plan JAKARTA (JP): The city administration has decided to delay its plan to relocate North Jakarta's Kramat Tunggak prostitution rehabilitation center to the Seribu Islands because thorough studies on all aspects of the relocation have yet to be completed.

Youths arrested for allegedly killing taxi driver

Youths arrested for allegedly killing taxi driver JAKARTA (JP): Depok police in the city's outskirts arrested four youths yesterday for allegedly killing a taxi driver and dumping his body on a street in South Jakarta. Lt. Col. Yudi Susharyanto, the head of the Depok police precinct, said yesterday that the suspects, aged between 15 and 20 years, were arrested after a car chase with police officers on Jl. Proklamasi in Sukmajaya. "They were apprehended at around 3:30 a.m.

Norway-RI to hold technology seminar

Norway-RI to hold technology seminar JAKARTA (JP): A 140-member delegation of governmental officials, scientists and businesspeople from Norway is expected to arrive here next week to hold discussions with their Indonesian counterparts in a seminar on technology. Norwegian Ambassador Jan Wessel Hegg announced yesterday that the three-day seminar from Oct. 15 to Oct.

Reform of industrial structure urged

Reform of industrial structure urged MEDAN, North Sumatra (JP): Economists suggested here yesterday that deregulation measures are essential but not enough to improve the efficiency and, consequently, competitiveness of Indonesia's manufacturing industry. Rizal Ramli told the second-day meeting of the 13th Congress of the Indonesian Economists Association that the industrial structure should also be reformed from an oligopolistic one to a structure that allows for more competition.

Toyota starts Vietnam unit

Toyota starts Vietnam unit TOKYO (AFP): Japan's Toyota Motor Corp. said yesterday it had formally begun local production and sales operations in Vietnam. The joint-venture Me Linh plant in Vinh Phu province was officially opened Thursday, with complete knockdown production of Toyota's Hiace van and Corolla sedan underway, it said in a statement. Japan's leading auto maker holds 70 percent of Toyota Motor Vietnam Co.

Only 20% of nonformal courses meet government standards

Only 20% of nonformal courses meet government standards JAKARTA (JP): Only 20 percent of 19,000 registered nonformal courses countrywide are up to government standards, a senior official said yesterday. The courses range from computing to foreign languages, said Director of Extracurricular Activities and Sports Mochtar Djalal. Mochtar added, however, that he did not mean to say that the remaining 80 percent are unforgivably poor in quality.

Economists stress good governance

Economists stress good governance By Vincent Lingga and Prapti Widinugraheni MEDAN, N. Sumatra (JP): Indonesian economists agree with the World Bank and International Monetary Fund view that good governance is increasingly crucial in ensuring equitable and sustainable economic development.

WHO boss to witness antipolio drive

WHO boss to witness antipolio drive JAKARTA (JP): Minister of Health Sujudi will launch the second-phase of this year's immunization program next Tuesday in Denpasar, Bali, to ensure that the targeted 21.8 million children under-five countrywide will be protected from polio. The ceremony will be witnessed by World Health Organization (WHO) Director General Hiroshi Nakajima and WHO regional director Uton Muchtar Rafei.

Quintuplets enter record museum

Quintuplets enter record museum SEMARANG: The four-day old quintuplets born in Bandung will be listed in the Museum for National Records. "The birth of the quintuplets was an extraordinary event which touched the hearts of humankind," museum chief Jaya Suprana told journalists here yesterday. "Taking care of two children can be troublesome let alone five babies," Jaya said. He said he has dispatched a team to Bandung to collect information on the quintuplets.

Government intervention in agriculture criticized

Government intervention in agriculture criticized MEDAN, North Sumatra (JP): An agricultural economist lashed out yesterday at the government, saying that much of its intervention in the agricultural sector had no clear basis and was difficult to justify.

Rao exempted from court appearance

Rao exempted from court appearance NEW DELHI (Reuter): An Indian court yesterday ruled that former prime minister P.V. Narasimha Rao did not have to appear at a court hearing next week in a criminal forgery case, United News of India (UNI) said. Rao's lawyers had argued that police could not protect against the threat of attack by extremists if Rao appeared at a crowded local court, and that the former prime minister could be represented by counsel at the Oct. 14 hearing.

Bakrie secures $75m loan

Bakrie secures $75m loan JAKARTA (JP): Publicly listed PT Bakrie Sumatra Plantation signed a US$75 million syndicated loan facility yesterday to finance the development of a new oil palm plantation in the district of Sanggau, West Kalimantan. Bakrie Sumatra's president, Hanif Bakri, told journalists yesterday the loan has a maximum term of seven years.

Child advocates file lawsuit

Child advocates file lawsuit MEDAN, North Sumatra: The local branch of the Indonesian Institute for Child Advocacy has filed a lawsuit against a fishing company for neglecting its child workers. Ahmad Sofyan, an executive of the institute, said yesterday that the company, Harapan Jaya, has allegedly treated four of its child workers "inhumanely". Ahmad said the children's parents supported the institute's move, Antara reported. The four children managed to escape on Sept.

Sri Bintang says he will run for presidency

Sri Bintang says he will run for presidency JAKARTA (JP): Controversial politician Sri Bintang Pamungkas announced yesterday his intention to run for the presidency in 1998, and named former student leader Julius Usman as vice president on his ticket. "A democratic presidential election should have more than one candidate. I therefore declare myself as one of the candidates for the election," Bintang said yesterday.

National Day

National Day Correction: The photo caption on this page yesterday should have read "The representative of the Taipei Economic and Trade Office, Lu Pao Sun, and Chief of the Indonesian Coordinating Intelligence Agency Lt. Gen. Moetojib cut a cake celebrating the 85th Taiwan National Day." We apologize for the error. -- Editor

ASEAN finance meeting

ASEAN finance meeting BANGKOK (Reuter): Thailand will host a meeting of ASEAN Finance Ministers to boost cooperation within the seven-member grouping from Nov. 21-23, a Finance Ministry official said yesterday. The Association of Southeast Asian Nations (ASEAN) groups Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

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.

TV today

TV today TVRI 2:35 p.m. TV Series: Animated Classic 3:05 Sports 4:05 TV Series: Out of The Blue 4:30 Science Film: Earth Revealed 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Focus: Nuansa Wisata Serambi Mekah 6:05 Travel: Yogyakarta 6:15 Village Program 6:30 Education: Package 27 7:00 Evening News 7:30 TV Drama: Balada Si Jamin 8:05 Saturday Night Music 9:00 World News 9:30 Music Quiz: Berpacu Dalam Melody 10:30 Late News 10:40 TV Drama: Bunglon Program 2 4:30 p.m.

A call for restraint

A call for restraint It seems that for now, following the bomb scare at the Dutch embassy earlier this week, the public's agitation over the reported drug smuggling scandal involving a Garuda Indonesia pilot in Holland has calmed down. This is fortunate. To be frank, we had the feeling during the week that the case was in danger of being blown out of proportion even before adequate details about the incident were available.

Ousted Megawati appeals district court decision

Ousted Megawati appeals district court decision JAKARTA (JP): Megawati Soekarnoputri, ousted chairwoman of the Indonesian Democratic Party (PDI), filed an appeal yesterday over a district court's decision, which indicated its refusal to try her lawsuit against the government and her political foes. "We believe the Central Jakarta District Court's panel of judges had made a blunder in applying the law," Megawati's lawyer, R.O. Tambunan, said.

National forum boosts the future of local theaters

National forum boosts the future of local theaters By Ahyani BANDUNG (JP): Indonesian theater aficionados have set up special campaigns to encourage the development of theater companies in provincial areas badly in need of artistic as well as managerial improvement. Their planned endeavors include holding annual theater festivals in each of the country's 27 provinces in order to provide forums for local artists to perform their own creations.

Wong-Hang opens in Jakarta

Wong-Hang opens in Jakarta JAKARTA (JP): PT Wong-Hang Distinguished Tailor, a Surabaya- based tailor with an international reputation, has opened its latest branch in Mangga Besar, Central Jakarta, with an investment of Rp 1 billion (US$431,034). "Despite tight competition, there are bright prospects for our tailoring services in Jakarta.