Indonesian Political, Business & Finance News

Archive: 16 March 1996

60 articles found

Social security claims made simplified

Social security claims made simplified JAKARTA (JP): Filing insurance claims through the government- sponsored Workers Social Security Program (Jamsostek) is expected to become simpler and faster once PT Jamsostek has implemented its new system this month. The company's spokesman, Sukron, said most claims will now be decided upon at the regional offices to be opened in 10 cities.

Semen Gresik to set up finance firm

Semen Gresik to set up finance firm JAKARTA (JP): The publicly-listed cement producer, PT Semen Gresik, received approval from its shareholders yesterday to set up a finance firm in the Netherlands called Gresik Cement Finance BV, with an authorized capital of 400,000 guilders (US$241,509).

Robbers make off with sedan

Robbers make off with sedan TANGERANG (JP); Three men robbed a resident of Bona Sarana Indah housing complex in Tangerang and made off with a sedan, tape recorder, 50 grams of gold and Rp 600,000 in cash yesterday. The assailants overwhelmed the baby sitter Sunarti, and housemaid Ijah, in the house of Yulius Chandra, who was out when the robbery took place at about 9 a.m.

Goenawan chairs new independent poll watchdog

Goenawan chairs new independent poll watchdog JAKARTA (JP): More than 50 journalists, lawyers, statesmen and activists founded the Independent Election Monitoring Committee (KIPP) yesterday in defiance of a military warning that their move is "unconstitutional." Senior journalist and former chief editor of the banned Tempo magazine Goenawan Mohamad, who chairs the presidium, said the committee, with its eye on next year's general election, aims to make "corrections" to the way the polls have...

Generals close ranks on links with Golkar

Generals close ranks on links with Golkar JAKARTA (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung joined the chorus of generals defending the controversial assertion that all military members are by definition "cadres" of Golkar, the ruling political organization. The statement, made by Army Chief of Staff Gen. Hartono on Wednesday, has sparked a debate about the role played by the military in politics as Indonesia gears up for elections next year.

All England a graveyard for RI players

All England a graveyard for RI players BIRMINGHAM, England (Agencies): All England is fast becoming a graveyard for the world's best badminton players as none of Indonesia's most fancied shuttler now surviving in the men's singles. A big surprise was reserved for Thursday's quarterfinals when world champion Hariyanto Arbi, All England winner in 1993 and 1994, found fifth seed Park Sung-woo at the top of his game, the South Korean winning 18-15, 15-11.

Total overhaul demanded to revive badminton pride

Total overhaul demanded to revive badminton pride JAKARTA (JP): A total overhaul in the training of Indonesian badminton players is crucial if they are to win gold medals in the 25th Olympic Games in Atlanta, noted sports observer Mangombar Ferdinand Siregar believes.

PT Bukit Asam to build coal upgrading facility

PT Bukit Asam to build coal upgrading facility JAKARTA (JP): The state-owned coal mining company PT Tambang Batubara Bukit Asam plans to build a coal upgrading facility at its mining area in Tanjung Enim, South Sumatra, an executive says. Technical Director A.C. Purba said here yesterday the up- grading plant will improve low-quality coal to make it fit for various consumer purposes and exports. Purba said the construction of the plant will be done jointly with Mapco Inc.

Cremations taboo during Eka Buana rite

Cremations taboo during Eka Buana rite DENPASAR (JP): As a devout Hindu, Nyoman Widiada has looked forward to the Eka Buana ritual, which occurs only once every 100 years. But he has had to cancel his plans to join the ritual because of an aunt's death. "I really want to take part in the melasti (purification) ceremony on March 16, but I will be damned if I do," he sighed.

Chinese in government

Chinese in government From Sinar There are about five million Chinese among the Indonesian population of 195 million. The Philippines has only about one million Chinese among its 73 million. However, in that country many Filipinos of Chinese descent hold government positions like senators, ambassadors, ministers, or even president. What about in Indonesia? I don't recall ever having an ambassador, or minister, of Chinese descent during the New Order era.

Croatia to open embassy in Jakarta to boost ties

Croatia to open embassy in Jakarta to boost ties JAKARTA (JP): Croatian Deputy Prime Minister and Foreign Minister Mate Granic is due to visit Indonesia and officially open his country's embassy in Jakarta on March 26. Granic's visit is aimed at further improving relations between Indonesia and Croatia, which declared independence in 1991. Marijan Oresnik, counselor at the Croatian Embassy, said yesterday the three-day visit would be part of a tour of countries in the region.

Law doesn't allow govt to intevene in PDI: Expert

Law doesn't allow govt to intevene in PDI: Expert SURABAYA, East Java (JP): The country's law does not empower the government to intervene in the internal affairs of political parties, an expert on constitutional law said yesterday. Philippus M.

Canada's Bre-X looks for Busang gold partner

Canada's Bre-X looks for Busang gold partner TORONTO (Reuter): Red hot Bre-X Minerals Ltd said Thursday it will start looking this summer for a joint venture partner for its spectacular Busang gold deposit in Indonesia, which it now believes holds more than 30 million ounces.

Dharmala gets ISO-9002

Dharmala gets ISO-9002 JAKARTA (JP): Bank Dharmala has received an ISO-9002 standardization certificate for business operation and credits, the first given to an Indonesian financial institution. "Applying the ISO-9002 is part of our commitment to continue to improve our quality in the sector of corporate banking up to the international standard," Bank Dharmala's president, T.A. Sutanto, told the press yesterday.

Governor takes on corruption

Governor takes on corruption SEMARANG, Central Java (JP): In a continued crackdown on irregularities in his office, Central Java Governor Suwardi said he would fire 125 recent recruits to his administration if allegations that they bribed their way through proved to be true. The governor's measures are designed to create a clean administration. Two weeks ago, Suwardi made newspaper headlines when he expelled two senior officials for alleged embezzlement.

Organizers confident of trouble-free motorcycling GP

Organizers confident of trouble-free motorcycling GP JAKARTA (JP): With three weeks until the world motorcycling Grand Prix championships here, organizers claimed yesterday that they have nothing to worry about. Organizing committee chairman Haryanto Dhanutirto announced at a press conference yesterday that all preparations for the April 7 races at the Sentul circuit in Bogor, West Java, have been completed.

Woman tried for beating husband

Woman tried for beating husband MEDAN, North Sumatra: A 45-year-old teacher is on trial on charges of beating up her physically disabled husband who told her to end her love-affair with a bus driver. Prosecutor Elijar said in the opening trial on Thursday that the elementary school teacher, whom Antara identified only as MR, hit her husband Mulia Tarigan in the face with a brush. "The victims' lips and right eye were hurt in the assault," Elijar said.

Britain's Fryatt shines in Indonesia Open

Britain's Fryatt shines in Indonesia Open JAKARTA (JP): Little-known Briton Edward Fryatt stole the thunder at the Indonesia Open golf championship yesterday after shooting nine birdies for a 65 to produce a new course record at the par-71 Jagorawi Golf and Country Club. Fryatt, who together with 21 groups had to abandon the play on Thursday due to persistent rain, resumed the round early yesterday and collected a 67 (33, 34) for a two-round score of 132.

After the Irian riots

After the Irian riots While the hostage taking drama continues, Irian Jaya has once again came into the spotlight because of the riots at Tembagapura and Timika. The uncontrolled rioting forced the Armed Forces commander to dispatch a battalion of the strategic command's swift reaction troops to the site. Order was gradually restored and the inhabitants' fears placated.

Indomobil to produce cheap cars

Indomobil to produce cheap cars JAKARTA (JP): Indomobil, the country's second largest car assembler after Astra International, is to launch its first low- priced sedans, with 60 percent local content, in four or five years' time. Indomobil president Soebronto Laras said here on Thursday, "We are currently thinking of one model with 60 percent local parts.

More provinces told to join growth triangle cooperation

More provinces told to join growth triangle cooperation JAKARTA (JP): Indonesia will propose the inclusion of more provinces in sub-regional cooperation projects involving other members of the Association of Southeast Asian Nations to boost the provinces' readiness for trade liberalization in 2003.

Pertamina to change its oil price formula

Pertamina to change its oil price formula JAKARTA (JP): The state-owned oil company Pertamina will next month change its crude oil price formula, probably increasing prices by between 10 and 20 U.S. cents per barrel.

Sexist remarks

Sexist remarks I strongly protest the statement made by Adnan Buyung Nasution -- a celebrated human rights activist -- published in the Kompas daily on March 9, 1996, concerning the election of the Foundation of the Indonesian Legal Aid Institute chairman. In his statement Adnan Buyung Nasution says, among other things, "During the time of my two-year chairmanship, I realized that my task was not easy. I was available 24 hours a day.

Six gold thieves still at large

Six gold thieves still at large JAKARTA (JP): East Jakarta police yesterday were still chasing the suspects in a robbery of six kilograms of gold. The Suara Pembaruan afternoon daily reported that the crime, which involved six suspects, happened on Thursday at around 4:30 p.m. on Jl. Raya Malaka. The owner of the gold, Apiu, and his driver had just returned from their shop in Klender, also East Jakarta. On the way home they suffered a puncture in one of the tires.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March 15, 1996: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 950 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,975 75 128,500 Aneka Kimia Raya 3,375 0 4,000 Anwar Sierad 2,250 -25 1,296,500 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 2,675 25 305,500 Argo Pantes 1,800 0 25,000 Asahimas Flat 3,075 125 2,900,000 Asiana IMI...

Trying times for Vietnam's oil industry

Trying times for Vietnam's oil industry By Adrian Edwards THAI BINH (Reuter): A strange sight has appeared in the Red River rice plains of northern Vietnam in recent weeks. Southeast of Hanoi, just onshore from the Gulf of Tonkin, a giant drill is suspended from a tower 100 ft (30 metres) above the soft alluvial soil. For generations the earth on which it stands yielded little more than rice. But during the Vietnam War people noticed something strange. "Some farmers were cooking food.

Tanoto in Malaysian deal

Tanoto in Malaysian deal SINGAPORE (Reuter): Asia Pacific Resources International Holdings Ltd. (APRIL) said yesterday it had been notified by its majority shareholder -- the Sukanto Tanoto family -- of its intention to take a majority stake in Sarawak Pulp & Paper. The project, based on reforestation, is a joint venture between RGM International and PWE Industries Bhd, a Malaysian- listed manufacturing company.

Garuda flight

Garuda flight I recently heard a Garuda horror story that I think excels over all the other complaints that have been voiced through "Your Letters" over the past few years. Here it is, as short as possible. * Five of my colleagues (one male, four female) had to attend an important seminar in Sydney, Australia. * All had twice-confirmed reservations for the flight. * On checking in (Feb.

Toll-free haj number set

Toll-free haj number set JAKARTA (JP): The state-owned international telecommunications provider PT Indosat will make it easier for Indonesians performing the haj pilgrimage this year to call home. "Just dial 1-800-62 from any telephone in Saudi Arabia and the call will reach an operator in Indonesia," Indosat's executive, Fadzri Sentosa, said yesterday. The service will be available through hotel-room telephones or any public telephone.

Eka Buana rite brings harmony to the universe

Eka Buana rite brings harmony to the universe By T. Sima Gunawan DENPASAR (JP): Clad in traditional clothing, thousands of Hindu devotees flock to the Pura Besakih sanctuary every day to pray and volunteer for the Eka Buana ritual preparations. The ritual, occurring only once every 100 years, started on Feb. 14 with a series of ceremonies to ask for blessings for the performance of the whole rituals that will end on April 26.

Carmakers asked to help finance city road projects

Carmakers asked to help finance city road projects JAKARTA (JP): Car producers should participate in building roads in an effort to overcome Jakarta's traffic problems, an official said yesterday. Head of the greater Jakarta area development cooperation, Andjat Lamey, said that private companies should help the government build facilities because the city administration's budget does not completely cover such projects.

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.

Sotheby's appoints RI rep

Sotheby's appoints RI rep JAKARTA (JP): The international auctioneer Sotheby's has appointed its eighth representative in Asia, Martina Sudwikatmono, a daughter of local tycoon Sudwikatmono. Martina, renown here for her ownership of franchise restaurant chains including Planet Hollywood, was appointed for "her many business abilities ... and passionate interest" in the arts and other collectibles, said Julian Thompson, the chairman of Sotheby's Asia.

PDI legislators end bickering over boycott

PDI legislators end bickering over boycott JAKARTA (JP): The Indonesian Democratic Party (PDI) legislators who boycotted a hearing with Minister of Information Harmoko last week agreed yesterday to end their polemic with Deputy House Speaker Soerjadi. The four legislators, Marcel Beding, Sabam Sirait, Sophan Sophiaan and B.N. Marbun, met behind closed doors with Soerjadi, a former PDI chairman.

'Yellow fever' hits Lahat

'Yellow fever' hits Lahat LAHAT, South Sumatra: Regent Solichin Daud has ordered residents to paint their houses, fences, shops and offices yellow, the color of the ruling political organization, Golkar. Solichin said that the "yellow-fication campaign" aims at making the area look more "clean and beautiful", Antara reported. The local administration hopes it will can win the much- coveted Adipura Award from the central government for its cleanliness.

Indosat to acquire video recording firm

Indosat to acquire video recording firm JAKARTA (JP): The country's international telecommunications operator, PT Indosat, will buy a stake of up to 40 percent in PT Yasawirya Tama Cipta, a Jakarta-based private video recording firm. The company's general manager of investor relations, Budi Prasetyo, said yesterday that a basic agreement of the share acquisition was signed on March 12.

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Ninja Turtles 3:00 News: Lintasan Berita 3:20 Sports: Basket Ball from USA 4:00 News: Lintasan Berita 4:05 Live Soccer: Basket Ball (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: East Nusa Tenggara 6:15 Village Program 6:30 Hobby: Karya Inovatif 7:00 Evening News 7:25 Garuda Pancasila/Filler/Trailer 7:30 News: Dian Rana 8:00 News: Lintasan Berita...

Legal Aid Foundation's executive board installed

Legal Aid Foundation's executive board installed JAKARTA (JP): Lawyer Bambang Widjojanto was formally installed as the Indonesian Legal Aid Foundation's (YLBHI) executive board chairman yesterday amid a new row over access to bank accounts between two competing camps in the organization. Bambang, 36, was installed by Board of Trustees Chairman Harjono Tjitrosoebono. The board had elected him in preference to other, more senior and experienced, candidates.

The bronze moon and ritual battles

The bronze moon and ritual battles By Garrett Kam DENPASAR (JP): Most visitors to Bali usually make a brief stop at Goa Gajah (Elephant Cave) then move on quickly to the sacred springs at Tirta Empul. On a normal day, vehicles going to these two well-known sites zoom between the villages of Bedahulu and Tampak Siring. Once a year, however, the normally quiet streets in Pejeng along the way are full of people, processions and vendors.

Marx's books: For few eyes only

Marx's books: For few eyes only JAKARTA (JP): The National Library is probably the only government institution that has a collection of Karl Marx's books, but even reading them is subject to various restrictions. For one, the books cannot be taken out of the library, the head of the National Library, Mastini Hardjoprakoso, was quoted by Antara as saying yesterday.

Indonesian workers

Indonesian workers From Forum Keadilan I am one of thousands of Indonesian workers in Malaysia. I have been working there for about one year. I was very sad to learn from a news broadcast on Malaysian TV that so many Indonesian workers enter Malaysia illegally. The influx consists of various sorts of people -- men, women, youngsters and even children who join their parents. But life in Malaysia is not a bed of roses. Many of the immigrants are arrested and led to the fields.

Man shot dead for stealing from moving vehicles

Man shot dead for stealing from moving vehicles JAKARTA (JP): City police have arrested tens of people in a crackdown on robbers stealing goods from vehicles passing down highways or trapped in heavy traffic jams. One of the arrested thieves was fatally shot in the early hours yesterday while trying to attack and run away from five North Jakarta police detectives, who came to arrest him late Thursday.

French firm ties up with Dharmala

French firm ties up with Dharmala MANILA (AFP): France's Compagnie Generale des Eaux (CGdE), one of the world's four largest water utilities, signed a joint venture agreement yesterday with a local affiliate of Indonesia's Dharmala group, an official said. Under the agreement, Dharmala Philippines Inc.

No kick out of Saigon Kick

No kick out of Saigon Kick DENPASAR, Bali (JP): Many Balinese youths do not get a kick out of a Saigon Kick video clip shot in the famed Uluwatu Beach. Many of them have written letters to Bali Post and Nusa Tenggara Post, both locally-based newspapers, to protest the clip promoting The One album of the Miami-based rock band. They say the clip shows disrespect towards Balinese Hindus. The clip shows the band performing before huge waves.

Election monitoring body receives support

Election monitoring body receives support YOGYAKARTA (JP): Official opposition to an independent poll monitoring body will only deepen the widespread suspicion that the government has been less than honest in past elections, observers said yesterday. Riswandha Imawan and Loekman Soetrisno, both scholars at Gadjah Mada University, said the government should accept the idea to prove its neutrality in managing next year's election.

Australia eyes uranium sales to Indonesia

Australia eyes uranium sales to Indonesia CANBERRA (Reuter): Australia's new conservative government said yesterday it was ending 13 years of curbs on uranium exports, angering environmentalists and a key political party which said it would seek to block sales in parliament.

Sidewalk vendors

Sidewalk vendors From Suara Karya Operation Order's objective of removing the sidewalk vendors from Jl. Dalem Kaum in Bandung, West Java, is a cause for concern. The operation, involving the public order team and members of the Armed Forces, was an unpleasant sight and gave the impression that the vendors are worse than pickpockets or street thugs. Don't these officials realize that the sidewalk vendors have created jobs for themselves?

Asian group grabs 20% of NZ's Brierley

Asian group grabs 20% of NZ's Brierley WELLINGTON (Reuter): An Asian consortium snatched a 20 percent stake yesterday in Australasia's largest listed investment company, Brierley Investments Ltd (BIL). The raid on the New Zealand firm at NZ$1.40 (US$0.96) a share, NZ$680 million in total, was all over in minutes with investors queuing to unload stock at a price 11 percent above the prevailing level.

ABRI's role in the game

ABRI's role in the game The question as to what position the Armed Forces should take in general elections is hotly debated every five years. However, although the next general election is due next year, nobody raised the issue until last week, when Army Chief of Staff Gen. Hartono proclaimed in Central Java on Wednesday that all ABRI members are cadres of the ruling political grouping, Golkar. His statement provoked immediate outrage among some political observers.

Only one car firm to get protection

Only one car firm to get protection JAKARTA (JP): The government is turning down new proposals from automotive firms to develop "national cars", in order to benefit from its newest policy which grants luxury tax and duty breaks. Minister of Industry and Trade Tunky Ariwibowo told local and foreign journalists at his office here yesterday that the government will extend such luxury tax and tariff breaks to only one car firm at a time. "We want one at a time.

OPM and hostages may be in cohorts: ABRI

OPM and hostages may be in cohorts: ABRI JAKARTA (JP): A senior Armed Forces (ABRI) official says he suspects that the hostages kidnapped by the separatist Free Papua Movement (OPM) in Irian Jaya are in cohorts with their captors. ABRI Chief of General Affairs Lt. Gen.

Navy nabs boat from Sabah

Navy nabs boat from Sabah ZAMBOANGA CITY, Philippines (UPI): The Philippine navy has nabbed in southern Philippine waters a motor boat carrying 117 passengers and alleged contraband goods believed to come from Sabah, Malaysia, officials said yesterday. Commodore Edilberto Varona said the boat was sailing on Thursday afternoon on the Pearl Bank group of islands in southernmost Tawi-Tawi province, 1,200 kilometers from Manila, when it was intercepted by a navy patrol craft.

Lonsum firms set loans

Lonsum firms set loans HONG KONG (Reuter): A two-facility syndicated term loan of US$132 million for PT PP London Sumatra Indonesia (Lonsum) and US$65 million for its parent PT Pan London Sumatra Plantation was launched yesterday, the arrangers said. Arrangers and joint bookrunners are HSBC Investment Bank Asia, Singapore branch, and Union Bank of Switzerland, Hong Kong.

Flooding

Flooding With more sunny days, most Jakartans seem to have forgotten the huge floods in January and February. There is now a strong drive by the government to restore Jakarta's outskirts -- the mountains stretching from Cianjur over Puncak down to Bogor -- which in the past two decades has been converted into housing and recreation facilities, thus sizably reducing its role as a water catchment.

Three killed in head-on collision

Three killed in head-on collision SALATIGA (JP): Three people were killed when a minivan they were in collided head-on with a truck in the Central Javan village of Wujil on Wednesday night, police said. All three victims, including the driver of the ill-fated van, were local residents. The police said the accident took place when the van driver was trying to overtake a bus and failed to avoid a crash with a truck loaded with sand, coming from the opposite direction.

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.

300 evicted Kedoya families refuse to leave

300 evicted Kedoya families refuse to leave JAKARTA (JP): Approximately 300 families squatting on the banks of the Angke river in Kedoya, West Jakarta, are refusing to leave the site without adequate compensation from the authorities. According to a city official the families have been offered up to Rp 300,000 each to leave their plywood shanties built close to the river and due for destruction under the government's "clean river" program.

Soesilo's son dies

Soesilo's son dies JAKARTA (JP): One of the sons of Coordinating Minister for Political Affairs and Security Soesilo Soedarman died yesterday, a ministry staff member reported yesterday. Carono Indrokusumo Soesilo, also known as Sonny, died of a liver complication at the Kasih Ibu hospital in Semarang, Central Java. His body was brought to the minister's private residence in Jakarta yesterday and was to be buried at the Tanah Kusir cemetery in South Jakarta later.

Port suspends taxation

Port suspends taxation JAKARTA (JP): Jakarta's Tanjung Priok port authority has suspended a ruling which required international shipping lines using the port to pay a 10 percent value-added tax on stevedoring activities.

Police shoot robber

Police shoot robber JAKARTA (JP): A suspected thief has been shot by a North Jakarta police officer who wanted to arrest him for a street robbery. Sukarmin, a 24-year-old jobless man, was shot in the left leg for trying to resist arrest hours after he was reported robbing Abdul Matalit, a passerby, of Rp 100,000 and other belongings in Pela-Pela, Tanjung Priok, North Jakarta, on Thursday. Maj.