Indonesian Political, Business & Finance News

Archive: 15 October 1996

48 articles found

Quality Hotel in Solo

Quality Hotel in Solo JAKARTA (JP): PT Quality Indah, the franchise holder of Choice Hotels International, said yesterday that it has begun the construction of its Quality Hotel in Surakarta (Solo), Central Java. The construction, which started on Sunday, is expected to be completed in early 1998. The hotel will have 137 rooms, the company said in a statement. (alo)

Fish bombing rife in Maluku

Fish bombing rife in Maluku TERNATE, Maluku: The military vows to take harsh punitive action against fishery companies and individual fishermen caught damaging marine resources in their operations. Fish bombing and the use of chemical substances for catching fish is common in Ternate and elsewhere in Maluku, said Maj. Gen. Johny Rumintant, the chief of the Trikora regional military command who oversees security in Maluku and Irian Jaya.

Sluggish Roy claims title

Sluggish Roy claims title JAKARTA (JP): Roy Nirwan won the National Sprint Rally Championships with a poor sixth place in the series' final race at Bumi Serpong Damai circuit in Tangerang, West Java, on Sunday. But Muhammad Bintang stole the spotlight, overcoming drizzle and the muddy track to win the race in 12 minutes and four seconds for his first win of the season. The victory moved Bintang to third place in the final standings.

ITB students get ATM cards

ITB students get ATM cards BANDUNG, West Java: Freshman students at the Bandung Institute of Technology (ITB) this year will receive a student card that also functions as an automated teller machine bank card at Bank Negara Indonesia (BNI). ITB rector Wiranto Arismundar said yesterday that the cards will help the students with paying their fees and other financial matters.

Aspac race to end motocross series

Aspac race to end motocross series JAKARTA (JP): The Asia Pacific Motocross Championships at Bumi Serpong Damai circuit in Tangerang, West Java, on Oct. 27 and Oct. 28 will decide the national championships overall title.

Bomb threat embarrasses RI

Bomb threat embarrasses RI From Bisnis Indonesia The recent bomb threat at the Dutch Embassy in Jakarta, should really embarrass Indonesia. Even more so if the bomb had actually existed. The police department should find out who made the bomb threat and hunt that person down. They would be fully supported by the public in their efforts. The public cannot help but to speculate that the caller must have been a member of the Ecstasy syndicate because a Garuda pilot, Moh.

Probe looms over Riady's U.S. campaign donations

Probe looms over Riady's U.S. campaign donations WASHINGTON (Agencies): House of Representatives Speaker Newt Gingrich predicted on Sunday that congressional and criminal investigations would be launched into a $425,000 contribution by Indonesian businessman James Riady to the Democratic Party. "I think it's unavoidable that there will be congressional investigations, it is unavoidable that there will be a special counsel," Gingrich told CBS television. "This makes Watergate look tiny.

Henry to sell Amcol shares

Henry to sell Amcol shares SINGAPORE (Reuter): Amcol Holdings' single largest shareholder, Indonesian businessman Henry Pribadi, has put his 17.92 percent stake in the company up for sale, the Business Times said yesterday. The newspaper said Pribadi, managing director of Amcol until the company went under judicial management, is believed to be in need of cash for various projects in Indonesia and elsewhere.

BPS defends statistics bill to regulate surveys

BPS defends statistics bill to regulate surveys JAKARTA (JP): The Chairman of the National Statistics Agency (BPS), Sugito, yesterday defended the government-sponsored draft law on statistics and said it would not restrict surveying activities. The proposed law would require private institutions and individuals to report if they intend to conduct a survey, he said.

Poor geological data damages environment: Rais

Poor geological data damages environment: Rais JAKARTA (JP): A deputy governor says many irregularities discovered in various development aspects in the capital that have damaged the environment are mainly due to the absence of accurate geological data. Deputy Governor for Economic and Development Affairs Tb. M. Rais said yesterday there is a great deal of environmental damage caused by irregularities in development.

Bali authorities seize 29,295 Ecstasy pills

Bali authorities seize 29,295 Ecstasy pills DENPASAR, Bali (JP): Customs and excise authorities at Ngurah Rai Airport found 29,295 Ecstasy tablets yesterday in two suitcases which had been left unclaimed for three months. It was the largest drug seizure in Bali this year. The pills were stored in 10 plastic bottles. A third suitcase contained 231 vinyl records, 210 candles, 31 compact discs and some used clothes, the authorities said.

Two arrested for attempted robberies

Two arrested for attempted robberies JAKARTA (JP): Police arrested two people yesterday for attacking ojek (motorcycle taxi) drivers in Bekasi, 35 kilometers east of here, and in Kemayoran, Central Jakarta, thanks to the rapid response by local inhabitants. Police assume the motive for both attacks was robbery. The first incident took place in the Kebon Kosong area of Jaka Sampurna housing complex in Bekasi. Tigid, a local ojek driver was attacked from behind by a passenger.

Village chiefs steal aid

Village chiefs steal aid KENDARI, Southeast Sulawesi: Governor La Ode Laimoeddin was furious over reports that three village chiefs in the province have embezzled presidential aid for poor villages. One of the corrupt village chiefs reportedly used assistance funds to pay his children's school fees. "The village chiefs may be dismissed if they are found guilty. How can an official misuse the aid earmarked for impoverished villages to pay his children's school tuition?" he said Saturday.

Three firms to invest $211m in palm oil

Three firms to invest $211m in palm oil JAKARTA (JP): Three local businesses -- PT Barito Pacific Timber Group, PT Gunung Sawit Bina Lestari and PT Sumarco Makmun Indah -- plan to invest a total of Rp 495 billion (US$211.5 million) in crude palm oil (CPO) estates and industry. Bambang Priyono, an executive of Barito Pacific Timber, said in Kendari, Southeast Sulawesi, yesterday that his company will invest some RP 400 billion to open a 45-hectare palm oil estate in Kendari.

Car policy row may lead to trade war: Economist

Car policy row may lead to trade war: Economist JAKARTA (JP): A senior economist warned yesterday that the dispute between Indonesia and the world's three trading powers over the former's controversial national car policy may lead to a trade war.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 14, 1996 Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 775 0 70,500 Andayani Megah 1,025 25 243,000 Aneka Kimia Raya 1,350 0 0 Anwar Sierad 2,300 50 1,634,000 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,525 50 1,444,000 Argo Pantes 1,900 0 0 Asahimas Flat 1,400 -25 997,500 Asiana IMI...

Sabah launches first Malay paper

Sabah launches first Malay paper KOTA KINABALU, Malaysia (AFP): The first Malay newspaper in Malaysia's eastern state of Sabah on Borneo island hit the streets yesterday, with publishers saying it would be distributed free for a week. The 24-page Harian Mercu tabloid is published by Kerah Handal Sdn Bhd, controlled by Sabah's former chief minister Salleh Said, whose wife, Raya Erom holds the chairmanship of the company.

Asians shun Australia

Asians shun Australia PERTH, Australia (AFP): Multi-million dollar investments in the Western Australian ostrich industry are being threatened by the fallout from Australia's bitter debate over Asian immigration, The West Australian reported yesterday. It quoted a major breeder, Geoff Todman, as saying two Singaporean investors had already delayed investing in his business after becoming alarmed over reports of Australian anti- Asian sentiments in overseas news media.

OPEC to discuss quota violations

OPEC to discuss quota violations ABU DHABI (AFP): OPEC oil ministers will discuss quota violations by some member states when they hold their semi-annual conference in Vienna next month, OPEC president Rakad ibn Salim ibn Rakad said here yesterday. Rakad, who is also acting oil minister of the United Arab Emirates acting oil minister, admitted that some members of the 11-nation Organization of Petroleum Exporting Countries (OPEC) were exceeding their production shares.

APEC to streamline customs procedures

APEC to streamline customs procedures MANILA (UPI): The Asia Pacific Economic Cooperation's efforts to streamline customs procedures between and among its 18 members will help increase trade in the region, an official said at a three-day meeting here ended yesterday.

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Kid's Song 3:05 Music: Dilentasia 3:30 TV Series: Beyond Tomorrow 4:05 Science and Technology 4:30 Cultural: Pelangi Budaya: Permata Ibu Pertiwi 5:00 Regional News 5:25 Travel: My Country 5:30 English Lesson 6:00 News: Lintas Berita 6:05 Travel: Central Nusa Tenggara 7:00 Evening News 7:25 Filler and Trailer 7:30 Talk Show: Wawasan: Pemilu 8:05 TV Drama 9:00 World News 9:30 Music Quiz: Berpacu Dalam Melody 10:30 Late News 10:40 TV...

Highway robbery

Highway robbery On Sept. 24, 1996, I came back to Jakarta after having spent several days in Singapore. I arrived at Soekarno-Hatta Airport at around 7 p.m. and, even though I have stayed in Jakarta for four months I still don't have a car, I had to take a taxi to get to my house in West Jakarta. I therefore took the first taxi at the head of the queue. It happened to be a President taxi, No. 4394 and was driven by a 50-year-old man.

Walhi pledges to maintain stance on the environment

Walhi pledges to maintain stance on the environment JAKARTA (JP): Prominent environmental group Walhi celebrates its 16th birthday today. It has pledged to continue its current work despite growing criticism that it has deviated from its original mission. Walhi, an Indonesian acronym for the Indonesian Forum for the Environment, is entering its "adolescence" and is becoming naughtier and more difficult to control than ever, said the organization's executive director, Emmy Hafild, yesterday.

More Megawati supporters go on trial

More Megawati supporters go on trial JAKARTA (JP): Another 60 supporters of Megawati Soekarnoputri, the ousted chairwoman of the Indonesian Democratic Party (PDI), appeared in court yesterday charged with assault in the July 27 riots. This second wave of trials came amid growing demands, even from the National Commission on Human Rights, that the authorities also prosecute supporters of officially-recognized PDI chairman Soerjadi for their role in the riots.

U.S. airlines delay RI service again

U.S. airlines delay RI service again JAKARTA (JP): Two U.S. air carriers, United Airlines and Northwest Airlines, have again delayed services to Indonesia due to the unsettled aviation dispute between Japan and the United States. Ibnu Tryono, a senior manager and head of marketing of PT Baptista Cargo & Trans. Co, the general sales agent of Northwest, told The Jakarta Post yesterday that Northwest expects to start its service to Jakarta on Dec. 1 after a second delay.

Stolen paintings

Stolen paintings I thank The Jakarta Post and Kompas for printing stories about the paintings stolen from the National Museum in Jakarta recently. I have observed that these two dailies have great appreciation for Indonesian art. They often publish articles on art, either paintings or other works of art. Those who were involved in the theft of the paintings, including officials of the museum, must be firmly dealt with.

Chatterbox Cafe

Chatterbox Cafe From Media Indonesia On Thursday evening Oct. 10, my family and I went to dine at Chatterbox Cafe in Plaza Indonesia. The occasion we were looking forward to ended very unsatisfactorily because of the service. The problem started with the glass of plain water served to the guests without regard as to whether they had already ordered drinks. I thought the water was free of charge, but it was mentioned in the bill (Rp 250).

Soeharto to pay closer attention to eastern provinces

Soeharto to pay closer attention to eastern provinces KUPANG, East Nusa Tenggara (JP): President Soeharto pledged yesterday to pay closer attention to the development of the country's eastern provinces. The government is to develop more communication facilities and infrastructure to speed up development in eastern Indonesia, the President said.

Court overrules mayor's eviction notice

Court overrules mayor's eviction notice JAKARTA (JP): A court overruled yesterday a Jakarta mayor's instruction ordering shop owners to vacate a shopping center in the downtown Glodok commercial center. Presiding judge Soemaryono of the Jakarta State Administrative Court said that the eviction notices issued by the West Jakarta mayoralty in January to dozens of traders in the Glodok Metro shopping strip were issued without any legal basis, and that the mayoralty had acted beyond its authority.

Indonesia to ratify UN convention on psychotropic drugs

Indonesia to ratify UN convention on psychotropic drugs JAKARTA (JP): Indonesia is close to ratifying the United Nations Convention on Psychotropic Substances, as part of its efforts to seal legal loopholes that previously enabled drug abusers and traffickers to escape punishment. Factions in the House of Representatives approved the document in a plenary session yesterday, declaring that it will help improve cooperation among agencies in the national antidrug campaign.

Councilors reject bill on liquor

Councilors reject bill on liquor BANJARMASIN, South Kalimantan: Councilors from the Moslem- based United Development Party (PPP) are determined to reject a bill on liquor distribution. They said yesterday they intended to stick to their demand that the government must ban liquor and not merely restrict its distribution. Alcohol is haram, or forbidden under Islamic beliefs.

House passes food bill into law

House passes food bill into law JAKARTA (JP): The House of Representatives approved a government-sponsored food bill yesterday which will guarantee food safety, create a climate of fair and responsible trade of foodstuffs and help small-scale food industries to thrive. The bill was passed into law yesterday by all four factions of the House -- the Armed Forces, Golkar, Indonesian Democratic Party and United Development Party -- after almost four months of deliberations.

600 desk-bound police given riot training

600 desk-bound police given riot training JAKARTA (JP): The city police are training 600 personnel from non-operational units to back up the limited resources available for handling mass disturbances, particularly to deal with unrest expected before and during the 1997 general election. According to participants, they have been trained in various operational skills every day for the past few months.

City to get two injection wells

City to get two injection wells JAKARTA (JP): The City Mining Agency plans to build two injection wells in South and North Jakarta to maintain groundwater levels in the areas. Agency head Arifin Akbar said yesterday that the wells will be built next to Babakan Lake in Lenteng Agung and near Sunter dam in North Jakarta. The injection well system is a method by which water is brought from nearby water sources and injected into man-made wells in areas short of water.

Police identify suspects in toll road robbery

Police identify suspects in toll road robbery JAKARTA (JP): Bogor police investigations into the fatal robbery on the Jagorawi toll road last Friday indicate that the victim's passengers and soldiers may have been involved in the crime. Zaenuddin Lesmana, a 42-year-old private company employee, died after being shot during the robbery. However, Norman Lubis and Cece Tajudin who were passengers in Zaenuddin's car escaped uninjured.

Religious leaders denounce attacks on churches

Religious leaders denounce attacks on churches JAKARTA (JP): Along with expressions of regret, condemnation came hard and fast yesterday over the recent attacks on East Java churches which left five people dead and damaged a score of buildings. The influential Indonesian Council of Ulemas (MUI) denounced the attacks, perpetrated by an angry mob of local Moslems in Situbondo, saying that Islam does not condone inter-faith enmity.

Utut to take on Hungary's Polgar

Utut to take on Hungary's Polgar JAKARTA (JP): Indonesia's number one chess player Utut Adianto is to take on Judith Polgar of Hungary, the first ever female grandmaster, in a one-day exhibition duel on Dec. 10. It is to be aired live on television here. Kristianus Liem, of the organizing committee, told The Jakarta Post yesterday that the planned clash, the first of its kind in Indonesia, is aimed at promoting chess a spectator sport to match the popularity of soccer or tennis.

Garuda pilot and drug case

Garuda pilot and drug case I refer to the case of the Garuda pilot nabbed in Amsterdam for attempting to carry 8,000 Ecstasy pills out of Holland with the obvious aim of bringing them into and having them distributed and sold within Indonesia. Ironically, there have been no official statements by the Indonesian authorities showing any kind of appreciation to the Dutch government for the apprehension of the pilot.

Disco busted for showing porn films

Disco busted for showing porn films TANGERANG, West Java (JP): The police have closed down a discotheque and arrested two of its managers for screening pornographic films and charging viewers Rp 5,000 each. The screenings were uncovered during recent police raids around Tanjung Pasir beach in the subdistrict of Mauk in the Tangerang regency. "When police officers raided the place they found a young couple flirting in a car parked nearby.

Government to study riot report

Government to study riot report JAKARTA (JP): The government promised yesterday to study the findings of the National Commission on Human Rights's investigation into the July 27 riots. Some of the revelations differ markedly from the official account of the unrest.

Indonesia to launch junior soccer league

Indonesia to launch junior soccer league JAKARTA (JP): Indonesia, hungry for international soccer glory, announced yesterday that a new-style national youth league would kick off nationwide on Nov. 2. The All-Indonesia Football Association's head of youth affairs, Sinyo Aliandu, told a press conference that 81 clubs would join the under-18 league, which would be divided into eight to 10 regions according to the clubs' locations. "The development of junior players urgently needs improving.

Overseas banks loan $480m loan to telecom firm

Overseas banks loan $480m loan to telecom firm JAKARTA (JP): PT Mitra Global Telekomunikasi Indonesia, a private firm responsible for developing telecommunications networks in Central Java, will today sign a US$480 million loan facility extended by overseas banks.

New public vehicles opposed

New public vehicles opposed BEKASI, West Java (JP): Public transport drivers serving the Bantar Gebang-Bekasi route stopped working for a half-day yesterday to protest the operation of new vehicles on their route. A dozen new vehicles with the number K11C started operating yesterday, when hundreds were stranded as the drivers refused to carry passengers. "We were protesting the addition of new vehicles because there are already more than enough," he said.

E. Timor's Bishop Belo defends Horta's Nobel Peace Prize

E. Timor's Bishop Belo defends Horta's Nobel Peace Prize DILI, East Timor (JP): Contrary to the chorus of Indonesian officials' disapproval of awarding the Nobel Peace Prize to separatist leader Jose Ramos Horta, joint winner Bishop Carlos Felipe Ximenes Belo defended the choice yesterday, saying everyone should respect the Nobel Committee's judgment. Belo expressed regret that certain people have berated Horta's award and questioned the criteria for his selection.

'Foreign Ministry not to blame for RI's poor image'

'Foreign Ministry not to blame for RI's poor image' JAKARTA (JP): Political observer Jusuf Wanandi said yesterday that the Ministry of Foreign Affairs was not to blame for the country's poor image, since negative domestic developments often overrode the good work of Indonesian diplomats. Jusuf is the chairman of the supervisory board of the Centre for Strategic and International Studies. "It is a bit unfair if the foreign ministry is blamed for everything," he told The Jakarta Post.

PSN to operate multimedia satellite by 1999

PSN to operate multimedia satellite by 1999 JAKARTA (JP): Publicly-listed PT Pasifik Satelit Nusantara (PSN) plans to operate a multimedia satellite by 1999. The company's president, Adi Rahman Adiwoso, said yesterday that PSN selected Loral Corporation of the United States to manufacture the satellite. The satellite will be Indonesia's first home-phone spacecraft.

Cathay ups Jakarta flights

Cathay ups Jakarta flights HONG KONG (AFP): Hong Kong-based Cathay Pacific Airways has added an extra flight to its service to Jakarta due to growing demand, the airline said yesterday. Cathay Pacific will operate an extra return flight from Hong Kong to Jakarta each Friday from Oct. 27, the airline said in a statement. The flight is in addition to the twice daily service already run every day except Monday, when a morning flight only is operated.

Improve our competitive standing

Improve our competitive standing The decline of our national competitive standing is without doubt something we must try to overcome. In his speech at the opening of the Association of Indonesian Economists (ISEI) congress in Medan yesterday (Thursday), Finance Minister Mar'ie Muhammad disclosed that Indonesia this year ranks 41st among 45 countries listed by the World Bank on the basis of their competitive standing.