Indonesian Political, Business & Finance News

Archive: 24 February 1996

56 articles found

Tax procedure on dividends paid to foreigners eased

Tax procedure on dividends paid to foreigners eased JAKARTA (JP): The government has eased the procedure for the collection of the withholding tax imposed on dividends paid by publicly listed companies to their foreign shareholders whose home countries have double taxation agreements with Indonesia. Custodians representing the foreign shareholders of the publicly listed companies, under the new procedure, are no longer required to obtain an exemption letter from the local tax office.

Indonesian car plans close to completion

Indonesian car plans close to completion Development of an Indonesian national car could get the go- ahead within weeks according to sources in Australia. Although the plans for the Maleo remain unconfirmed, industry sources suggest the Indonesian government has been hosting key Australian component suppliers and showing them several potential factory sites around Jakarta. One delegation included senior officials from the Orbital Engine Company, the Perth based two stroke technology experts.

Asia worries about decline in European trade

Asia worries about decline in European trade TOKYO (AFP): Asian participants at next month's landmark meeting with the European Union hope the conference will help redress declining exports and shrinking investment, according to a Japanese survey released yesterday.

Two boys drownedin pool

Two boys drownedin pool JAKARTA (JP): Two boys drowned in a swimming pool yesterday in Ciputat, in the south of the city. The unidentified boys, aged 10 and 12 years old, were found dead in the Situ Gintung pool. An employee of the swimming pool said he could not see how they drowned as the pool is shallow enough for children. The bodies were taken to the morgue at the Cipto Mangunkusumo general hospital in Central Jakarta. (anr)

Production costs

Production costs From Bisnis Indonesia The President has instructed that all bribes and all levies not associated to production should be stopped. A follow-up measure taken by the minister of manpower eradicated 37 levies on supervision of safety and health norms. I hail the President's instruction and minister's action. Workers have long struggled against all kinds of illegal levies to have the chance to live a better life.

RP marines kill 14 extremists

RP marines kill 14 extremists ZAMBOANGA, Philippines (Reuter): Fourteen extremist rebels were killed and 13 wounded in a gunbattle with Philippine marines, the military said yesterday. Several marines were also wounded in the fighting on Tuesday when the marines landed on the island of Jolo 950 km (590 miles) south of Manila, a report reaching the Philippine Armed Forces' Southern Command said. The rebels are members of the extremist Abu Sayyaf, the military said.

Traffic management key to road chaos

Traffic management key to road chaos By Mitchell Mackey The answer to Jakarta's traffic problems is better traffic management and not a reduction in car sales, according to Gaikindo Secretary-General F. Soeseno. He said traffic problems were hurting the car's image and the industry was committed to working with the government to address the issue. "Traffic management is essential, it must be the first priority." Soeseno said.

Traffic congestion costs bus firms dearly

Traffic congestion costs bus firms dearly JAKARTA (JP): The traffic congestion during the Idul Fitri exodus has taken its toll on the revenue of bus companies. Bus companies officials said their buses could not travel at all on the peak days of Feb. 17 and 18. Budi Sulistyo, the business manager of CV Lorena Transport and Tour Company, whose buses still served their customers reported a loss of at least Rp 40 million for his 38 buses.

National car likely to harm local industry

National car likely to harm local industry By Mitchell Mackey The secretary-general of the influential Association of Indonesian Automotive Industries, Mr F Soeseno, has cautioned against expecting an early announcement concerning the go-ahead for a national car project. "There are still a lot of things to be decided and I believe a lot more time is needed," he told Automotive Business in Jakarta this week.

City's crime rate stays high during Idul Fitri holidays

City's crime rate stays high during Idul Fitri holidays JAKARTA (JP): The massive exodus of about a third of the city's nine million souls for the recent Idul Fitri festivities failed to reduce the number of criminal acts and fatal accidents in the city and its surrounding areas. Crime in the capital was still high yesterday, three days after the first day of the Idul Fitri holidays.

TV today

TV today TV today 2:30 p.m. Travels: My Country 2:35 TV Series: Ninja Turtles 3:00 News: Lintasan Berita 3:05 Sports 4:00 News: Lintasan Berita 4:05 Sports (Continued) 5:00 Evening News 5:25 Travel: My Country 5:30 Science Film 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country: South Sulawesi 6:15 Village Program 6:30 Music: Lagu Pop Daerah 7:00 Evening News 7:30 Fashion 8:00 News: Lintasan Berita 8:05 Film: Hati Yang Mendua 9:00 World News 9:30 Talks Show 10:30 Late News 10:40...

Math exam for vocational schools

Math exam for vocational schools JAKARTA (JP): Education expert Marsetio Donoseputro welcome the government's recent announcement that mathematics will be included in the national examinations required of all vocational students. The former rector of the state-run Airlangga University in Surabaya suggested that the government, the schools and the teachers prepare for the plan.

Australia's Asian push at risk in poll: Keating

Australia's Asian push at risk in poll: Keating CANBERRA (Reuter): Australian Prime Minister Paul Keating, fighting for his political survival, warned voters yesterday that Australia could turn its back on Asia if the conservative opposition won the March 2 general election. Keating, still well behind in opinion polls a week before the ballot, said the ruling Labor Party's efforts to bind the nation to Asia was a cornerstone of its 13 years in government.

'Andil daging': 'Betawi' tradition for Idul Fitri

'Andil daging': 'Betawi' tradition for Idul Fitri By Yoko N. Sari JAKARTA (JP): Idul Fitri is a time for Moslems to celebrate after a month of battling their urges. For two days, family and friends get together for specially prepared meals, which, for Betawi people (old Jakartans), means buffalo meat. Betawi people prefer water buffalo meat, which they collectively purchase and slaughter a day before Idul Fitri.

Utut Adianto sets modest target for Dutch competition

Utut Adianto sets modest target for Dutch competition JAKARTA (JP): The Donner Memorial tournament in Amsterdam this August will be a daunting test for Indonesia's top chess wizard Utut Adianto, in his bid for greater international recognition. Grandmaster Utut, playing in what will be his toughest tournament ever, said yesterday he has set a down-to-earth target of improving his elo (world computer) rating by 15 in the Aug. 17-24 invitational meet.

Costly crab

Costly crab From Bisnis Indonesia Singapore is known for its cleanliness and orderliness. It is also the most prosperous country in Southeast Asia. The people, from hawkers to the prime minister, are friendly, honest, disciplined, hardworking and reliable. This was my impression when I first visited the country in 1977. On Feb. 4, 1996, my wife, parents-in-law, a friend of mine and I went to Newton Food Centre to have our dinner.

Women find contraceptives hazardous

Women find contraceptives hazardous JAKARTA (JP): Many women using long term contraceptives -- like IUDs -- are having health problems and could be dropping out of the family planning program, a leading doctor says. Azrul Azwar, the chairman of the Indonesian Medical Association, said his survey also found complaints about discomfort among women who use long term contraceptives. The most often cited health complaints were bleeding and irregular menstruation, he said.

Hong Bin Lou, RI's first Chinese Moslem restaurant

Hong Bin Lou, RI's first Chinese Moslem restaurant JAKARTA (JP): Sly would likely disagree, but Sylvester Stallone's greatest contribution to 20th-century civilization may not be his ceaseless "Rambo" and "Rocky" sequels. In this era of advanced capitalism, Hollywood's renowned mumbler may best be remembered for Planet Hollywood, his worldwide chain of theme restaurants, first unleashed upon unsuspecting diners five years ago. The theme restaurant is taking over.

Blood shortage hits Cambodia

Blood shortage hits Cambodia PHNOM PENH (Reuter): Cambodian medical teams face a shortage of blood for soldiers wounded while fighting Khmer Rouge guerrillas, media reports and officials said yesterday. An Information Ministry spokesman, citing latest casualty figures, told a news briefing 28 government soldiers had been killed and 94 wounded in the northwest between Feb. 12 and 18.

Lift technician killed

Lift technician killed JAKARTA (JP): A building technician was killed yesterday while trying to repair a broken lift at the Graha Aktiva building in the Kuningan business area in South Jakarta. Ahmad, in his 30s, was believed to have been crushed by the broken lift. The local police are still investigating the case. (bsr)

Six establishments are punished for violations

Six establishments are punished for violations JAKARTA (JP): Six establishments were temporarily closed down for violating regulations during the fasting month of Ramadhan. An official of the city public office, Toha Reno, said yesterday that five of the six establishments have reopened for business after being closed for between two and three days. A massage parlor on Jl. Mangga Besar, downtown, is still closed, he said.

Bintang complains of obstruction

Bintang complains of obstruction JAKARTA (JP): Politician Sri Bintang Pamungkas says the government is making a feeble attempt to bring in two key witnesses expected to testify on his behalf. In a press statement made available to The Jakarta Post yesterday, Bintang said the government might instead be devising ways to prevent Sri Basuki and Soenarto from entering Indonesia.

Backlog of ships off Priok harbor slightly lessens

Backlog of ships off Priok harbor slightly lessens JAKARTA (JP): The number of general cargo and container vessels waiting to berth at Jakarta's Tanjung Priok port fell slightly yesterday to 67 after they peaked to 77 during the Idul Fitri holidays. Henry, spokesperson for state-owned PT Pelabuhan Indonesian II which manages the port, said five vessels had departed yesterday, but 48 others still awaited berthing.

JSX to confirm amount of equity participation

JSX to confirm amount of equity participation JAKARTA (JP): The Jakarta Stock Exchange (JSX) will confirm the amount of its equity participation in the Clearing and Guarantee and Central Custodian houses at the next shareholders' meeting. The two new houses which are required by the new capital market law will handle the clearing and settlement of transactions, duties which are currently held by the Indonesian Securities Clearing Depository (KDEI).

Ex-convict clubbed to death

Ex-convict clubbed to death PEMALANG, Central Java: Tafsir bin Ma'ani, a 31-year-old ex- convict, was clubbed to death by a mob of Walangsana villagers in the Moga district after news got around that he had stolen a tape recorder. The Antara news agency reported yesterday that Tafsir's face was damaged beyond recognition. Lt. Col. Aleksius of the Pekalongan police office said nine people suspected of taking part in the violence have been detained for questioning.

S'pore hotel rooms up

S'pore hotel rooms up SINGAPORE (Reuter): The number of hotel rooms in Singapore will rise by 2,000 this year to 33,013, the Straits Times newspaper reported yesterday. It said the increase would be largely due to the opening of big hotels such as the 612-room Ritz Carlton and the 507-room Pontiac Marina. There will also be more hotels with over 100 rooms, it added.

Mahathir to visit Japan next week

Mahathir to visit Japan next week TOKYO (AFP): Malaysian Prime Minister Mahathir Mohamad will pay an unofficial visit to Japan for three days starting from tomorrow, the foreign ministry said yesterday. Mahathir will attend a dinner party to be hosted by Prime Minister Ryutaro Hashimoto on Monday, the ministry said. He will also visit Japanese high-tech companies while holding talks with representatives of small- and medium-sized companies, it said.

PTT Telecom ready to support PT Telkomsel

PTT Telecom ready to support PT Telkomsel JAKARTA (JP): PTT Telecom, a major subsidiary of Koninklijke PTT Nederland (KPN) of the Netherlands, will support the operational system of PT Telkomsel to develop the firm into a leading mobile cellular telephone operator in Indonesia. PTT Telecom's president for Asia, Jan B.

Ford and Indomobil to offer credit option

Ford and Indomobil to offer credit option By Russell Williamson Ford Credit International and PT Indomobil Investment Corporation have joined forces to offer car buyers a range of retail finance packages. Through a new joint venture company, PT Primus Financial Services (PFS), consumers in the market for Ford products, or any other vehicles sold through Indomobil franchises, now have greater and easier access to finance.

Dozens of police officers punished

Dozens of police officers punished AMBON, Maluku: The provincial police office has over the past year punished 55 police officers for various offenses, Antara reported yesterday. Police chief Col. Muchaer said military tribunals sentenced 37 of the offenders to prison terms ranging from four to six months. Two of them were also dismissed from the police force.

Returning traffic to increase today

Returning traffic to increase today JAKARTA (JP): The number of passengers from various provinces returning to Jakarta will intensify today and tomorrow, officers of the Directorate General of Land Transportation predict. "Current data shows that the number of returning passengers will increase today. We estimate it will peak tomorrow and Sunday," Robin P., an officer in charge of the city bus stations told The Jakarta Post yesterday.

Indomobil sets up engine parts plant

Indomobil sets up engine parts plant By Russell Williamson Indomobil is one of three companies which have signed a joint venture agreement to establish a new US$5 million engine parts manufacturing facility in Indonesia. Tochigi Fuji Industrial Co, a Nissan affiliated company, will have a 60 percent share, Indomobil a 30 percent share and Marubeni Auto Sales a 10 percent share in the factory which is expected to begin production in early 1997.

Idul Fitri leaves 12,500 cubic meters of rubbish

Idul Fitri leaves 12,500 cubic meters of rubbish JAKARTA (JP): Jakartans may have produced more than 12,500 cubic meters of garbage during the Idul Fitri holidays, but the amount of refuse was still 2,500 cubic meters less than the City Sanitation Agency expected. Agency head M. Subasir said yesterday that the garbage was collected from main streets, mosques as well as tourism sites from Feb. 19 to 21. Subasir said that his employees collected 5,300 cubic meters of garbage on Feb.

Govt defends the sentence of Prince Sirivudh

Govt defends the sentence of Prince Sirivudh PHNOM PENH (AFP): A Cambodian government spokesman yesterday defended the conviction of Prince Norodom Sirivudh, who was sentenced in absentia Thursday to 10 years in prison for allegedly plotting to assassinate co-Premier Hun Hen.

EU opens dumping inquiry

EU opens dumping inquiry BRUSSELS (Reuter): The European Commission said it has decided to open an inquiry into possible dumping of unbleached cotton fabrics from China, Egypt, India, Indonesia, Pakistan and Turkey following European industry complaints.

Getting over it

Getting over it From Neraca A pedestrian bridge over the Pondok Pinang to Tanjung Barat ring road does not have a fence. Since the toll road began operating several months ago, PT Marga Nurindo Bhakti, the developer and manager of the road, has not completed this part of its work. The company must fence this bridge. The consequences of pedestrians slipping on its wet surface and falling onto the toll road below are too horrible to contemplate. PIPIT PITONO Jakarta

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9 a.m. with Sunday School.

Malaysian oil palm estate revenues drop

Malaysian oil palm estate revenues drop KUALA LUMPUR (AFP): Malaysia's oil palm plantations lost 1.3 billion ringgit (US$520 million) in revenue over the past two years due to an acute shortage of workers, officials were quoted Friday as saying. "The sector's target revenue dropped by 700 million ringgit last year and 600 million ringgit in 1994," said Abdul Rahman Teh Mohamad, chief executive of the United Planting Association of Malaysia.

Money politics ruin legislative process

Money politics ruin legislative process By Pandaya JAKARTA (JP): Allegations that members of the House of Representatives are taking grease money to push through legislation has again highlighted the role money plays in law making in Indonesia. In a hearing with Minister/State Secretary Moerdiono, member Hadi Sutrisno of the Armed Forces faction made a startling, although by no means new, revelation.

Asuransi Astra's premium incomes up

Asuransi Astra's premium incomes up JAKARTA (JP): The publicly-listed PT Asuransi Astra Buana expects a 20 percent increase in its premium incomes from motor vehicle insurance to Rp 72 billion (US$31 million) this year, the company's president, Willy Suwandi Dharma, said yesterday.

Water company overwhelmed

Water company overwhelmed UJUNGPANDANG, South Sulawesi: Only 40 percent of the 300,000 population of Jeneponto regency get clean water from the local water company PDAM, Antara reported. Burhan, the director of the company, cited lack of springs as the cause of its limited ability to meet the public demand. In order to meet the need for potable water in some dry areas in the regency, the company has set up 50 public hydrants and provided 2 water tanks to go to even remoter places. (swe)

Qantas' Indonesian service

Qantas' Indonesian service CANBERRA (Reuter): Australian authorities confirmed yesterday a draft ruling giving Qantas Airways Ltd rights to two more Boeing 767-300 services a week to neighboring Indonesia, an increasingly important market. "Qantas has indicated these services will operate from either Brisbane or Melbourne," Australia's International Air Services Commission said in a statement. The commission allocates capacity rights negotiated between Australia and other countries.

Papal envoy's visit to E. Timor pastoral

Papal envoy's visit to E. Timor pastoral JAKARTA (JP): A special envoy of Pope John Paul II said yesterday that his planned visit to East Timor tomorrow is not political in nature. "My trip is a pastoral visit, it is not a political visit," said Cardinal Roger Etchegary, who has been head of the Pontifical Council for Justice and Peace for ten years.

Robusta shortage will ease in April

Robusta shortage will ease in April LONDON (Reuter): An acute shortage of nearby gradeable coffee for the London terminal market will ease with the arrival of crops from Brazil and Indonesia in the April/May period, UK trade house E D and F Man said.

Winner of photo contest announced

Winner of photo contest announced JAKARTA (JP): The municipality yesterday announced the winners of photography and writing competitions, run in conjunction with the national discipline movement, for secondary high school students. M. Wandri Alimuddin of SMA 17, West Jakarta, won the photography contest with his picture of three students working together in a laboratory. The writing contest was won by Andhy Darma Setiawan of SMA 21 Kayu Putih, East Jakarta, who wrote on students and discipline.

Asian diesel prices hit 5-year high

Asian diesel prices hit 5-year high SINGAPORE (Reuter): Asian diesel prices have hit a five-year high as cold weather in other parts of the world has reduced supplies usually exported to Asia and regional demand remains strong, oil traders said yesterday. Regional refinery and power problems and stronger crude oil prices in the United States and Europe have also pushed Asian crude and refined product prices higher, traders said. Prices surged overseas after U.N.

Dossier on drug dealer to be completed soon

Dossier on drug dealer to be completed soon JAKARTA (JP): Detectives have almost completed their dossier on a foreigner, believed to be African, charged with heroin trafficking after he was rearrested earlier this week. The head of the Jakarta Police Narcotics Division, Lt. Col. Djoko Satrio, said the man, who has three different passports, escaped from detention in October last year after just a few days in police custody, but was recaptured on Tuesday.

Kostrad sends battalion for hostage rescue

Kostrad sends battalion for hostage rescue JAKARTA (JP): The Army's Strategic Reserves Command (Kostrad) has sent a battalion to Irian Jaya to help with the military's campaign to release 13 people, including six Europeans, held captive by separatist rebels in the eastern province. Kostrad Chief Maj. Gen.

Canberra provides relief in time

Canberra provides relief in time By Dewi Anggraini MELBOURNE (JP): Last month Jim Soorley, mayor of Brisbane, announced the forthcoming Cities of Asia Pacific Conference on Sept. 29 to Oct. 1 in Brisbane. The conference is Soorley's idea, in an attempt to find solutions to future infrastructure crises in the rapidly growing cities of the region. Then early this month, as if to prove the currency and immediacy of this concern, Jakarta was hit, yet again, by massive flooding.

Empire strikes back

Empire strikes back How things can escalate unnecessarily. What do recent remarks on the structure of the English language have to do with "who won the war?" Mr. Jon Morrison (The Jakarta Post, Feb. 17, 1996), you are plainly a candidate for some free plastic surgery, and I advise caution when frequenting some of the drinking establishments of Jakarta.

Soeharto urges levy reduction

Soeharto urges levy reduction JAKARTA (JP): President Soeharto has again urged local administrations to revoke all regulations on levies which create market distortions and hamper economic growth. "If necessary, a Presidential decree will be issued (to eliminate levies imposed by local administration)," Soeharto was quoted by Minister of Manpower Abdul Latief as saying yesterday.

Massive relief operation underway in Irian Jaya

Massive relief operation underway in Irian Jaya JAYAPURA, Irian Jaya (JP): Massive relief operations began in earnest yesterday for victims of the devastating earthquake which has left at least 97 dead and an estimated 12,000 homeless on Biak island. Two Hercules transport planes touched down at Frans Kaisiepo airport in Biak yesterday carrying medical teams and an ambulance.

Team to inspect public places

Team to inspect public places JAKARTA (JP): Governor Suryadi Soedirdja will soon assign a special team to supervise the implementation of the National Discipline Campaign at terminals, railway stations, markets and privately and state-owned companies.

RI crude price change likely to be accepted

RI crude price change likely to be accepted TOKYO (Reuter): Indonesia's state oil company Pertamina may alter its crude oil price formula but traders said yesterday that it would probably not change their buying patterns greatly as the low sulfur crudes were a necessity. "We can't stop buying because the prices are higher when Indonesian crudes are concerned," one refiner said.

Bismar -- The voice of conscience

Bismar -- The voice of conscience By Imanuddin JAKARTA (JP): Bismar Siregar, regarded by many in the legal profession as the moral voice of Indonesian justice, may have retired, but his voice continues to be heard. Since leaving court for the last time in January, Bismar has made many public appearances, including giving TV and radio interviews, delivering sermons and writing newspaper columns. He has been an even more high profile public figure than during his days as a senior judge.

Public urged to use AIDS hotlines

Public urged to use AIDS hotlines JAKARTA (JP): Azwar Anas, the chief of the National Commission on AIDS, yesterday urged the public to use the hotline numbers for HIV/AIDS. "By making a phone call, people can be informed on the do's and don'ts of dealing with HIV/AIDS," Azwar said. This knowledge should then be conveyed to their families, he said. In Jakarta, the numbers include Hotline AIDS Mitra Indonesia, whose number is 310855.