Indonesian Political, Business & Finance News

Archive: 3 October 1996

53 articles found

Mastrans, PSM may still meet in soccer league final

Mastrans, PSM may still meet in soccer league final JAKARTA (JP): Yesterday's draw decided that Indonesia's two representative teams in Asian soccer, PSM Ujungpandang and Mastrans Bandung Raya, will not face each other in the semifinals of the national soccer league, leaving open the chance that these two top teams will meet in the national league final.

Indonesia records 0.04% deflation in September

Indonesia records 0.04% deflation in September JAKARTA (JP): Indonesia, in a fight to stop inflation and boost exports, recorded 0.04 percent month-on-month deflation for September and a trade surplus of US$508.5 million for July. Minister of Information Harmoko said after a routine monthly cabinet meeting chaired by President Soeharto yesterday that Indonesia, hampered by high inflation rates for years, has recorded monthly deflations three times this year.

PPP retracts support for indoor election campaign

PPP retracts support for indoor election campaign UJUNGPANDANG, South Sulawesi (JP): The United Development Party (PPP) has wavered in its earlier enthusiasm for the proposed Golkar-sponsored introduction of indoor discussions in the 1997 election campaign, saying it wished to maintain outdoor mass rallies.

Pharmaceutical body to act against dishonest members

Pharmaceutical body to act against dishonest members JAKARTA (JP): The Indonesian Pharmaceutical Manufacturers Association has threatened to revoke the memberships of companies proven to be colluding with doctors to rake in profits at the public's expense. Announcing the adoption of its new code of ethics here yesterday, the association's chairman, Anthony Sunarjo, said the revised code of ethics would allow the government to take further action against aberrant members.

'ASEAN may review Myanmar stance'

'ASEAN may review Myanmar stance' MANILA (Reuter): Philippine President Fidel Ramos said yesterday the Association of Southeast Asian Nations (ASEAN) might review its policy of "constructive engagement" towards Myanmar at the ASEAN summit in November. Ramos said the consensus among ASEAN foreign ministers remained that the group may eventually admit Myanmar as a member provided it made progress on trade and political reforms.

Two arrested in painting theft

Two arrested in painting theft JAKARTA (JP): Police have arrested two of the nine suspects wanted for the theft of at least 12 paintings belonging to the state collection housed at the National Museum. Both are museum employees and were arrested a few days ago, National Police Chief Lt. Gen. Dibyo Widodo told reporters yesterday. "Money was the simple motive of the theft," he said. The three-star general identified the two suspects as S and B and gave no details of their positions at the museum.

Questioning of Bambang and Aberson continues

Questioning of Bambang and Aberson continues JAKARTA (JP): The authorities continued questioning senior politician Aberson Marle Sihaloho and lawyer Bambang Widjojanto yesterday in connection with the July 27 riots. Aberson, an outspoken legislator from the Indonesian Democratic Party, has been accused of defaming President Soeharto, sowing hatred against the government and undermining the government. Jakarta Police Chief Detective Col.

Jagorawi-Lenteng Agung toll road to open Friday

Jagorawi-Lenteng Agung toll road to open Friday JAKARTA (JP): A 6.3-kilometer turnpike which stretches from Lenteng Agung in South Jakarta to the Jagorawi toll road will officially be opened Friday. The road is an extension of the Pondok Pinang-Lenteng Agung toll road operated by PT Marga Nurindo Bhakti since last September. A presidential decree which established the fees for the new road was announced yesterday.

Weather forecast

Weather forecast I am proud we have an English newspaper such as The Jakarta Post. Most major hotels in Indonesia provide their guests with this paper, which offers local and international news, beside foreign papers like The International Herald Tribune. I work at one of the most luxurious hotels in Bali. We subscribe to your paper. Many of our guests worry about weather changes which may affect their vacation and complain that you do not provide your readers with a weather forecast.

Putra Sumber expecting $80m from IPO

Putra Sumber expecting $80m from IPO JAKARTA (JP): PT Putra Sumber Utama Timber, an integrated manufacturer of processed wood, said yesterday that it will sell 40 million shares of its enlarged capital through an initial public offering (IPO) in order to raise about US$80 million.

Jakarta to host 14th world microcomputer chess meet

Jakarta to host 14th world microcomputer chess meet JAKARTA (JP): Twenty-six computer programs, including one from Indonesia, will compete in the 14th world microcomputer chess championships from Oct. 7 through Oct. 15 at the Dai-ichi hotel in Central Jakarta. The Indonesian program was developed by a team from Gunadarma University.

Hotel firm seeks partners

Hotel firm seeks partners SINGAPORE (AFP): An Indonesian conglomerate led by a son of President Soeharto has invited Asia-based hotel groups to participate in a major project in Bali worth US$1.6 billion, it was announced here yesterday. JLW TransAct, a Singapore-based hotel and tourism property consultancy acting for the developers, said in a statement that the project comprises eight hotel sites in some of the choicest beachfront properties in Bali.

Factional strife reflects Golkar's chaotic system'

Factional strife reflects Golkar's chaotic system' SEMARANG (JP): Factional strife within the dominant political organization, Golkar, has escalated so much that it can no longer hide it, political observers said yesterday. In separate interviews with The Jakarta Post, Riswandha Imawan and Susilo Utomo said the bickering may have an adverse, albeit small, impact on Golkar's showing in next year's general election.

Twin Otter badly damaged

Twin Otter badly damaged JAYAPURA, Irian Jaya: A Twin Otter aircraft of the Trigana Air Service crashed upon landing in the remote Ilaga village, Paniai, on Monday but the five people aboard are safe, a report said yesterday. A spokesman for the provincial transportation agency, Haryadi, said the authorities were awaiting a team of experts from Jakarta to determine the cause of the accident. The accident happened at the Ilaga airstrip at about 12:15 a.m.

Rights body reveals new missing persons list

Rights body reveals new missing persons list JAKARTA (JP): The National Commission on Human Rights revised its figure yesterday for the number of people missing following the rioting that rocked Jakarta on July 27. Commission member Albert Hasibuan told reporters that as of yesterday, 30 people are still missing, a significant decrease from the organization's earlier figure of 74.

Alcoholic drinks (1)

Alcoholic drinks (1) From Pelita We are very disappointed about the legalization of the regional ruling on alcoholic drinks by Jakarta Municipality legislators on Sept. 4, 1996. We feel that representatives, who were elected by the people, are not really acting in the interests of the public, such as by upholding moral values, for instance. Approval of the regional ruling on alcoholic drinks will only carry a wider impact.

Menteng offices will be closed by 1997: Mayor

Menteng offices will be closed by 1997: Mayor JAKARTA (JP): Central Jakarta Mayor Abdul Kahfi has vowed to close down all offices in the Menteng residential area by the end of 1997. Kahfi said yesterday his office was planning to return a total of 133 buildings in the area to their original functions as residences because Menteng is a pilot project for city's residential areas.

Munawir's tough job

Munawir's tough job Being chairman of the National Commission on Human Rights carries a lot of prestige, but it is a job that is also very tough, demanding and politically daunting. It is so tough that even a person of high standing such as Munawir Sjadzali -- with his impeccable record as a diplomat, Islamic scholar, cabinet minister and statesman -- reluctantly accepted the results of an election by his colleagues in the commission to become their new chairman.

Where to go in Bandung:

Where to go in Bandung: Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.; Andi (Piano), Friday and Sunday, 5:30 p.m. to 8 p.m.; Imelda (Piano), Friday, 8:30 p.m. to 11 p.m.; Juli (Piano), 5 p.m. to 10:30 p.m. * International Imperium Hotel: Jl. Dr. Rum No.

20 more gas stations to be built in city

20 more gas stations to be built in city JAKARTA (JP): Twenty new compressed natural gas (CNG) pump stations will be built around the city between now and the end of the year, says Kries H. Sulisto, president director of PT Otogas, a company dealing with compressed natural gas. He said yesterday that the official agreement between the city administration and CNG companies will be signed this month, Antara reported. There are now 13 CNG pump stations in Greater Jakarta, servicing some 700 taxis.

Ri's beach volleyballers vow to boost ranking

Ri's beach volleyballers vow to boost ranking JAKARTA (JP): The Indonesian men's beach volleyball team of Muchammad Nurmufid and Markoji are aiming to improve their world ranking in the ninth leg of the World Beach Volleyball Grand Prix Championships to be held here from Friday until Sunday. "We hope to move up at least six places to 17th spot in the world rankings," Nurmufid told a press conference yesterday.

House concerned over alcohol monopoly

House concerned over alcohol monopoly JAKARTA (JP): House of Representatives members expressed concern yesterday over the appointment of PT Tebet Indraya as the sole distributor of alcoholic drinks in the country. "Allowing only one distributor could increase spirit prices and result in the deteriorated quality of services to consumers," said Lili Asdjudiredja, vice chairman of House Commission VI for industry, mining, manpower and investment.

Drug abusers at Games to be punished: Official

Drug abusers at Games to be punished: Official JAKARTA (JP): The National Sports Council will take stern punitive measures against any athletes found guilty of using banned drugs during the 14th National Games regardless of their excuses, a council official said yesterday. Arie Sudewo, the council's vice chairman, said sanctions would apply to both the guilty athletes and their coaches.

Rich people urged to help immunization program

Rich people urged to help immunization program JAKARTA (JP): A city health official has lashed out at the attitude of many high-income people who appeared less responsive than middle-income and low-income citizens to the implementation of the National Immunization Week program.

Airport renovation to start

Airport renovation to start SEMARANG, Central Java (JP): The restoration and expansion of Adisumarmo Airport in Surakarta into an international gateway is to start soon as the government has allocated a budget of Rp 43 billion (US$18,2 million) for the project, an official said. "The restoration work will start next month and is scheduled to finish by year-end," Gatot Seodjantoko, head of Central Java's transportation office, said here yesterday.

Two killed in collision

Two killed in collision BEKASI, West Java (JP): A Toyota sedan collided with a trailer truck in the district of Tambun early yesterday morning. Two people died in the accident. Posman Sagala, 47, was driving the car and was accompanied by M.L. Napitupulu, 30, when a trailer truck suddenly appeared in front of them in a bend in the road. The car was damaged and its two seriously injured passengers were rushed to a nearby hospital by people in the area.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 1, 1996 Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 775 125 387,500 Andayani Megah 1,050 -50 517,000 Aneka Kimia Raya 1,225 0 0 Anwar Sierad 2,275 0 1,042,000 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,025 75 299,000 Argo Pantes 1,900 0 0 Asahimas Flat 1,475 50 1,915,000 Asiana IMI...

Man arrested for slaying employer's family and maid

Man arrested for slaying employer's family and maid JAKARTA (JP): Police have arrested an man believed to have killed his employer's wife, eight-year-old daughter and the family's maid at their mansion in Sunter, North Jakarta. The suspect, identified as Mujiono, 20, was also believed to have seriously wounded his employer's other daughter and niece in the killing Tuesday.

Primary school exam fee dropped

Primary school exam fee dropped JAKARTA (JP): Students at state-owned elementary schools will not have to pay fees for quarterly evaluation tests from Oct. 7. The head of the city's education agency, Soeparmo, said yesterday that the administration has approved to set aside a sum of money from its annual budget for the evaluation test fees. Based on student numbers at city state-owned elementary schools, the total cost to the administration is expected to be at least Rp 4.2 billion.

Watch out for 'ANteve' impostor

Watch out for 'ANteve' impostor From Republika We have received a report from our security guard in Bandung about a person who deceived about 49 job seekers with the promise of a position at PT Cakrawala Andalas Televisi (ANteve). This person is imposing as an administration staff member of ANteve, claiming he can get job seekers a permanent position at ANteve. The name the impostor goes by is Ir. Hary Susanto Mantili.

Amoco raises PTA capacity

Amoco raises PTA capacity CHICAGO (Reuter): Amoco Corp said Tuesday its new purified terephthalic acid (PTA) plant in Kuantan, Malaysia is building up to its full capacity of 500,000 tons annually. Amoco said it plans to increase capacity to 600,000 tons per year in 1997. It said the plant, operated by Amoco Chemical (Malaysia), was completed in under two years for US$400 million.

Challenges to SE Asian resilience

Challenges to SE Asian resilience By Juwono Sudarsono This is the second of two articles on Southeast Asia which are based on a paper presented at the 30th Anniversary of Indonesia Petroleum Ltd., (INPEX) in Tokyo on Sept. 25. TOKYO: Trends in and around Southeast Asia are far from predictable. Economic growth and success in broader East Asia has led to rapid changes in the balance of military power, especially in terms of naval capabilities.

Public warned about pesticides

Public warned about pesticides JAKARTA (JP): Director General of Food Crops and Horticulture Amrin Kahar called on the public yesterday to be wary of the increasing amounts of pesticides used in the agriculture sector. Amrin said that despite their effectiveness, pesticides -- which include both herbicides and insecticides -- can have negative health and environmental effects if not used properly.

Quintuplet mother healthy

Quintuplet mother healthy BANDUNG, West Java (JP): While the world mourns Briton Mandy Allwood's recent miscarriage of three of her octuplet fetuses, a local woman is entering her 31st week of pregnancy with healthy quintuplets. Elidawati, 27, took an ultrasound test at Borromeus hospital here yesterday afternoon. Sources at Borromeus hospital told The Jakarta Post that Elidawati was healthy, but under constant monitoring in the Elizabeth wing of the hospital.

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 Sundays, from 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 from 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday from 7:15 p.m. to 11 p.m.

Firm to make Dunlop tires

Firm to make Dunlop tires JAKARTA (JP): PT Summi Rubber Indonesia, a joint venture between Japan's Sumitomo Group and Indonesia's Indomobil Group, is scheduled to begin production of Dunlop tires in Indonesia in April 1997. The tire factory, now under construction in Cikampek, West Java, is scheduled to be finished next year, the company said in a statement yesterday. The firm's parent company, Sumitomo Rubber Industries Ltd.

Workers shift to industry as farming sector shrinks

Workers shift to industry as farming sector shrinks MANILA (AFP): The shrinking Indonesian agricultural sector is forcing farm workers to shift to industrial jobs, a Jakarta-based think-tank said in a paper presented here yesterday. Agriculture's contribution to the domestic economy has dropped to 16 percent from 30 percent in the 1970s, said Tubagus Feridhanusetyawan, fellow at the Centre for Strategic and International Studies (CSIS).

Alcoholic drinks (2)

Alcoholic drinks (2) From Media Indonesia I could hardly believe it when I read that the regional ruling on alcoholic drinks was legally approved by Jakarta Municipality (DKI) legislators on Sept. 4, 1996. This would imply that fees paid on alcoholic drinks makes it virtually permissible for alcoholic beverages to be sold in the Jakarta region. To a layman like me, the regional ruling would only spell disaster for most of the public. The ruling is of use to a few people only.

Car policy faces new criticism

Car policy faces new criticism JAKARTA (JP): Indonesia's controversial national car policy is under the international spotlight once again following renewed complaints about it from Japan and the United States. Japan confirmed yesterday that it would take Indonesia's car policy to the World Trade Organization (WTO), and the United States targeted Indonesia, along with three other nations, for investigations on charges of unfair auto trade practices.

Illegal bank rakes in Rp 37.5b

Illegal bank rakes in Rp 37.5b BANDUNG: The police have arrested a man and his wife and 38 of their accomplices on charges of running an illegal bank which accumulated Rp 37.5 billion (US$16 million) from customers. Lt. Col. Mahbul Padmanegara said the illegal savings bank, which the authorities closed down last month, was owned by 36- year-old Her and his wife Em, 32. The couple has paid back Rp 17 billion to customers since the bank was closed down.

JSX to improve market surveillance to enhance integrity

JSX to improve market surveillance to enhance integrity JAKARTA (JP): The chief executive officer of the Jakarta Stock Exchange (JSX), D. Cyril Noerhadi, reaffirmed his commitment yesterday to improve the market's surveillance mechanism to enhance market integrity. "We will continuously upgrade our system of trade monitoring to detect market manipulation or unfair dealings on the market," Noerhadi said at an Indonesia-Australia Business Council (IABC) luncheon.

APEC's farmers urged to be more efficient

APEC's farmers urged to be more efficient MANILA (Reuter): Farmers in emerging Asia-Pacific economies need to become more efficient to compete in a free trade environment if developed nations continue producing cheaper commodities, agricultural experts said yesterday.

High school principal sacked after strikes

High school principal sacked after strikes JAKARTA (JP): The principal of a state-owned high school in Central Jakarta has been sacked for administrative errors and overstepping his authority, actions which triggered a student strike in August. Two teachers of SMU I, on Jl. Budi Utomo, will also be moved elsewhere for their involvement in the students' protest.

Ecstasy pilot a repeat offender, police chief says

Ecstasy pilot a repeat offender, police chief says JAKARTA (JP): National Police Chief Lt. Gen. Dibyo Widodo said yesterday the Garuda Indonesia pilot arrested in Amsterdam Sunday with 8,000 Ecstasy pills is a repeat offender. The Indonesian authorities have no evidence so far that the 49-year-old pilot, Mohammad Said, is a member of a drug trafficking syndicate, Dibyo said.

Police seize 15 kg of drug

Police seize 15 kg of drug UJUNGPANDANG, South Sulawesi: The police seized 15 kilograms of marijuana from a drug trafficking syndicate here yesterday. Two of the alleged syndicate members were arrested during a raid yesterday, said Col. Kohar, chief detective of the South and Southeast Sulawesi police command. The suspects admitted to police investigators they obtained the marijuana from several drug traffickers in Jakarta, Kohar said.

Palm oil rallies in Europe, but traders stay cautious

Palm oil rallies in Europe, but traders stay cautious LONDON (Reuter): Palm oil prices rallied yesterday morning on the European vegetable oil market following the news that Indonesia's joint marketing agency (KPB) had suspended exports of crude palm oil in October. A KPB offical told Reuters in Jakarta that the suspension would enable it to meet a backlog of previous commitments.

DPR candidates

DPR candidates From Merdeka Parties have been in existence for quite some time in this country. Then why have the sociopolitical organizations chosen someone to represent us in such a slapdash way, without even looking first into the person's background? Being a simple person, I very much hope to be represented by someone who has potential. In other words, a representative should not be chosen in a childish manner, as if it were a game of shooting marbles.

Myanmar may embarrass ASEAN

Myanmar may embarrass ASEAN By Meidyatama Suryodiningrat JAKARTA (JP): While Myanmar's eventual admission into the Association of Southeast Asian Nations (ASEAN) is a forgone conclusion, Malaysian Foreign Minister Abdullah Badawi's recent announcement that Yangon has formally applied for membership brings the reality closer to home. This means that in less than a year Myanmar could be a full member of ASEAN.

Munawir's election widely welcomed by govt, military

Munawir's election widely welcomed by govt, military JAKARTA (JP): The election of former minister of religious affairs Munawir Sjadzali as the new chairman of the National Commission on Human Rights was greeted with wide acceptance yesterday by the government, the military and the legal community. "Munawir Sjadzali is the right person to fill the vacant chairmanship of the commission," Attorney General Singgih was quoted by Antara as saying.

Death toll up in Thai floods

Death toll up in Thai floods BANGKOK (Reuter): Up to 14 people have died in floods in Thailand and more rain is expected, mainly in the northeast, Interior Ministry and Meteorological Department officials said yesterday. The ministry estimated flood damage to crops and property so far in this rainy season, which began in May, at around 830 million baht (US$33.2 million).

Eight buried alive in landslide

Eight buried alive in landslide BATAM, Riau: At least eight people, five of them from one family, were buried alive and several injured when a landslide hit Bengkong Indah housing complex yesterday, a press report said. The disaster was triggered by incessant rain that pounded the area from early yesterday and continued throughout the day, Antara reported.

ASEAN to discuss Myanmar's membership

ASEAN to discuss Myanmar's membership JAKARTA (JP): Senior officials of the Association of Southeast Asian Nations (ASEAN) begin a two-day meeting in Kuala Lumpur today with Myanmar's membership as a hot topic on the agenda. Indonesian foreign ministry officials revealed yesterday that they expect frank discussions on the topic, including the political implications for ASEAN of having Myanmar in its ranks in the very near future. Myanmar formally applied to join the association in August.

S'pore rewards firms venturing abroad

S'pore rewards firms venturing abroad SINGAPORE (AFP): Singapore rewarded three companies yesterday with tax exemptions on income remitted from overseas operations in an effort to encourage local firms to invest abroad. Philip Yeo, chairman of the Economic Development Board (EDB), said the board intended to nurture a pool of companies with "distinct capabilities" to regionalize and globalize.