Indonesian Political, Business & Finance News

Archive: 11 March 1996

34 articles found

Authorities to deport six foreigners soon

Authorities to deport six foreigners soon JAKARTA (JP): Immigration authorities will soon deport six foreigners, all of whom female, who were arrested in an operation against illegal aliens in West Jakarta over the weekend. "The five Filipinas and the Chinese were found guilty of abusing their visas and we'll therefore deport them soon and inform their respective embassies," Immigration Spokesman Haryo Subayu told The Jakarta Post on Saturday.

Survival of New Order economics

Survival of New Order economics By Mohammad Sadli JAKARTA (JP): March 11, 1966, is one of the auspicious days Indonesia commemorates, in this case the passing of an old regime and the advent of a new one, often called the New Order and associated with President Soeharto. New Order economics may not have started at that time.

Golkar says no to idea of poll watchdog

Golkar says no to idea of poll watchdog JAKARTA (JP): A plan by political activists to set up an independent election monitoring committee has met strong opposition from the ruling political organization, Golkar. Golkar chairman Harmoko said yesterday that the establishment of the committee would be against the 1945 Constitution and a 1985 general election law. "Golkar rejects the establishment of such a watchdog.

KNPI supports Soeharto with calls for change

KNPI supports Soeharto with calls for change SURABAYA (JP): The National Youth Committee (KNPI), which is comprised of youth organizations affiliated with the ruling Golkar party, renominated Soeharto on Saturday but remains critical of his 30-year-old administration. "We ask Haji Mohammad Soeharto to kindly consider our request," the committee said in a statement released at the end of its national workshop that brought together 300 members here.

A time for reflection

A time for reflection Without much fanfare Indonesia today commemorates the 30th anniversary of the transfer of a special authority by president Sukarno to Lieutenant General Soeharto, his minister/army commander and subsequent successor. Whatever the reason in Sukarno's mind then, the transfer took place when the president- for-life had failed to overcome the mayhem in the aftermath of the abortive communist coup attempt, which took place five months earlier.

Kids must be taught to compete in school

Kids must be taught to compete in school JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro says children should be taught to compete in school as early as possible. Teachers and parents should try to instill a competitive spirit in children to prepare them for their future, Wardiman said on Saturday after launching a national creativity contest for kindergarten and primary school teachers and pupils.

What to do amid the dizzying changes in the PC world

What to do amid the dizzying changes in the PC world By Zatni Arbi JAKARTA (JP): Life in the personal computer world is getting more dizzying every day. The rate of change is fantastic. Just a year ago, for instance, we looked at the VESA Local Bus (VL-Bus) standard in awe. Today, it's nothing but dead technology. Not only that. The dust left by the spectacular launch of Windows 95 has not completely settled yet, and I am already reading unofficial reports on Windows 96!

Bulog's ships hit by port delays

Bulog's ships hit by port delays JAKARTA (JP): At least 29 cargo vessels carrying imported foodstuff ordered by the National Logistics Agency (Bulog), much of it perishable, were waiting to be berthed at ports in Jakarta, Medan and Surabaya over the weekend. According to Bisnis Indonesia daily, three vessels were lining up to berth at Belawan, North Sumatra, 19 at Tanjung Priok, Jakarta, and seven at Tanjung Perak, East Java. The daily quoted the head of Bulog's North Sumatra branch, Moch.

Fifteen papers face penalty

Fifteen papers face penalty MEDAN, North Sumatra: The Indonesian Journalists Association (PWI) threatened Saturday to take punitive actions against 15 print media for various regulation breaches. PWI chief Sofjan Lubis said the organization will act against the media on the recommendation of the Press Council. He declined to identify the media and the punishment planned.

New Order government needs revitalization

New Order government needs revitalization By Anwar Nasution HELSINKI (JP): No one can deny that the 30-year-old New Order government has managed to modernize and expand the productive base of the national economy. At the same time, the national economic development is also directed to the effort to fight poverty.

YLBHI members likely to reconcile soon

YLBHI members likely to reconcile soon SEMARANG (JP): A noted legal observer predicted yesterday that the conflicting camps in the Indonesian Legal Aid Foundation (YLBHI) will make peace in the near future. "They know a prolonged crisis will make the people withdraw their support for the foundation. They know they cannot benefit from the dispute," said Soehardjo.

Bribes rampant at Cipinang jail, but chief denies it

Bribes rampant at Cipinang jail, but chief denies it JAKARTA (JP): The Cipinang penitentiary in East Jakarta has long been notorious for its corrupt wardens who demand bribes from those who want to visit their jailed relatives or friends. The head of the penitentiary, Mintardjo, denies it. When The Jakarta Post tried to meet someone at the penitentiary recently, three officers in uniforms at the reception desk politely asked for identity cards and allowed the female officer to lead us in.

Bearish mood haunts Jakarta Stock Exchange

Bearish mood haunts Jakarta Stock Exchange JAKARTA (JP): The government's controversial ruling on the car industry is believed to be the prime cause behind massive selling pressure in the Jakarta Stock Exchange last week. As traders and investors are recovering from the impact, analysts are divided over where the market is heading this week. Some believe the bearish sentiments will continue as more foreign funds would exit from the market, but one analyst hopes to see a rebound.

Cambodians make more calls

Cambodians make more calls JAKARTA (JP): Cambodians are making phone calls at twice the number they were a year ago, according PT Indosat, the Indonesian state-owned company which has a stake in some of the current telephone projects in Cambodia. Indosat spokesman J.B. Basuki said the 200 percent increase in the number of local calls made by Cambodians follows the restoration of the telephone networks there last year.

PT Jasindo agrees to compensate Satelindo

PT Jasindo agrees to compensate Satelindo JAKARTA (JP): PT Jasindo, the state company which insured Indonesia's Palapa-C1 communication satellite, says it is prepared to pay out PT Satelindo, the owner, due to the malfunctioning of four transponders in the satellite. Jasindo stated that it was formally informed on Feb. 23 of an anomaly in the Palapa-C1's battery discharge controller, which could cause four Ku-band transponders to malfunction during eclipses.

Train safety

Train safety From Kompas We still witness groups of youngsters throwing stones at passing trains. A friend of mine has told me about his unpleasant experiences with these youngsters during the daytime. There is no guarantee that a train can pass through Jakarta safely. Therefore I have some suggestions for the railway company. Fix a metal frame on train windows to protect passengers from stray stones.

New alliances an outgrowth of injustices

New alliances an outgrowth of injustices JAKARTA (JP): The emergence of new alliances and organizations over the past year stems from perceived legal uncertainties and injustices, Sofyan Wanandi said over the weekend. Sofyan, a successful businessman known for his sharp political analysis, said on Saturday that some of these alliances were formed in hopes of obtaining a bigger share of the economic pie, which they do not believe has been fairly divided.

Immature political elite slows reforms

Immature political elite slows reforms Conflict-ridden leadership, like that which can be seen in the Indonesian Legal Aid Foundation, is a common phenomenon in Indonesia. Amir Santoso takes a look at the issue. JAKARTA (JP): The rift-ridden election of the chairman for the Indonesian Legal Aid Foundation (YLBHI) increased my belief that Indonesia remains a long way from democracy.

Dieng residents stay alert

Dieng residents stay alert BANDUNG, West Java: The Volcanology Directorate is asking people living around the Dieng plateau in Central Java to stay alert for the possible spread of toxic volcanic gases following tremors last week. Director of Volcanology Wimpy S. Tjetjep warned Saturday that the tremors, if they continue, may crack open the earth and unleash the gases. He said it is difficult to warn of any leakages because of the speed with which the gases spread in the blowing winds.

Garment factories go bankrupt

Garment factories go bankrupt JAKARTA (JP): Nine garment companies have gone bankrupt within the last three months, according to data from the Jakarta All- Indonesia Worker's Union. "This is the worst period in our history, showing the bad garment business this year" said Franky Tan over the weekend. Franky is deputy chairman of the garment, textile and leather sector of the union.

Achievements and dilemmas of RI economy

Achievements and dilemmas of RI economy By Didik J. Rachbini JAKARTA (JP): In the past few decades Indonesia's economy has grown quickly, with rapidly changing economic indicators. Agriculture, industry and trade have developed fast, followed by a significant transformation which reduced the portion of the primary sector in the national economy. There are bigger roles for the secondary and tertiary sectors, which means that the role of industry and trade is also bigger.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: Solo Pianist, daily from 7:30 p.m. to 10:30 p.m., opening hours Monday to Sunday 11 a.m to 1 a.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.

Morgue employee dies

Morgue employee dies JAKARTA (JP): Cipto Mangunkusumo general hospital is mourning one of its morgue employees who was hit and killed by an Army car on Saturday morning. Eddy Pratiknyo, an officer of the hospital, said that the accident happened on Jl. Matraman when 63-year-old Onah was on her way to the hospital from her residence in Depok. Onah was crossing the street when the Army car hit her. She received a fatal head injury, Eddy said. "Everything has been settled out of court," he said.

Mahathir officially launches Proton Car in Vietnam

Mahathir officially launches Proton Car in Vietnam HANOI (AFP): Malaysia's Proton car was officially launched in Ho Chi Minh City on Saturday at a ceremony attended by visiting Malaysian Prime Minister Mahathir Mohamad at the end of a three- day visit to promote economic relations with Vietnam. Shunroku Atarashi, general director of Vinastar Motors Corp.

RI a potential dumping site for CFC products

RI a potential dumping site for CFC products BANDUNG (JP): The government has warned Indonesian manufacturers not to be tempted by foreign countries offering bargain prices for Chlorofluorocarbons (CFCs), a substance widely used in air conditioning systems and cosmetics.

HK to loose trade if China's MFN is revoked

HK to loose trade if China's MFN is revoked HONG KONG (AFP): Hong Kong may suffer direct economic losses up to HK$234 billion (US$30 billion) if the United States fails to renew China's most-favored-nation (MFN) trading status this year, a government official said Saturday. Trade and Industry Secretary Denise Yue said in a statement that if MFN were not renewed to China, it could also cost some 23 to $34 billion in income, or around 61,000 to 89,000 jobs, in the territory.

UI needs additional funds for educational activities

UI needs additional funds for educational activities JAKARTA (JP): University of Indonesia's rector, M.K. Tadjudin, has asked for financial support from students' parents, donors, and former students because the money from the government to fund its educational activities is inadequate. Speaking on Saturday at a graduation ceremony at the university's Depok campus, south of here, Tadjudin told the audience that much money is needed to maintain the quality of the university.

Thailand to host defense seminars

Thailand to host defense seminars BANGKOK (Reuter): Thailand's military said yesterday it will host two international defense seminars from March 15-24 where a host of security issues, including current tensions between China and Taiwan, will be discussed. Territorial disputes, such as those between Japan and South Korea over two small islands, and disputed claims to the potentially oil-rich Spratlys islands would also feature, a senior military officer said.

City to pull permits of taxis found to be cheating public

City to pull permits of taxis found to be cheating public JAKARTA (JP): The City Land Traffic Control Agency will revoke the operation permits of taxis found not using meters or using doctored ones. The head of the agency, JP Sepang said on Friday night that the permits of all taxis violating the regulation will be revoked. "The new policy is effective as of today. We've tired warning them. Now things will be fair," he said on Friday.

Commercial banks can promote equity investment

Commercial banks can promote equity investment JAKARTA (JP): Indonesia's commercial banks can help inject badly needed blood into the local capital markets by promoting equity investment to their customers, a banking analyst says. I Nyoman Moena, the Local Private Banks Association's supervisory board's chairman, said on Saturday that banks can offer customers stock investment as a new product, in addition to their traditional products, such as time deposits.

Cristian Pena wins Matoa Golf Invitaiton

Cristian Pena wins Matoa Golf Invitaiton JAKARTA (JP): A birdie in Saturday's playoff helped Christian Pena of the United States hold off Canadian rival Rick Todd for a win at the Matoa National Invitation '96. After finishing 72 holes at the Matoa golf course in Ciganjur, South Jakarta, both Pena and Todd shared the leaders board at 275. Pena, who turned pro three years ago, survived the decider played at the first and eighth holes after the two leaders parred at the opening hole.

Rainstorm sweeps many houses

Rainstorm sweeps many houses PURWOKERTO, Central Java: A rainstorm swept through this regency over the weekend, damaging several hundred buildings and leaving 20 people homeless. No casualties were reported in the disaster, Antara reported yesterday. The worst hit were the subdistricts of Sokanegara, Kedaungwuluh and North Purwokerto. The rainstorm also caused the Kranji River in Sokanegara to overflow, inundating houses located along the river, the news agency said. (rms)

Non-paying pilgrims

Non-paying pilgrims From Suara Karya Several newspapers have run reports on non-paying pilgrims from a certain government institution. Such people are nicknamed haji abidin meaning "people who perform a pilgrimage and become a haj at the expense of the government." Garuda Indonesia also routinely gives free seats to certain government officials, who in fact are perfectly capable of paying for the pilgrimage themselves.

The existence of the Supersemar remains in doubt

The existence of the Supersemar remains in doubt Thirty years ago, on March 11th l966, Indonesia entered a new era. The old regime collapsed and the new one emerged. The "tool" which totally changed the country's history was a piece of paper called the Supersemar, the March 11 Letter of Order transferring powers from President Sukarno to Soeharto.