Indonesian Political, Business & Finance News

Archive: 18 April 1996

43 articles found

Irian shooting blamed on mental disorder

Irian shooting blamed on mental disorder JAKARTA (JP): A special team investigating the shooting of 15 people by a special forces second lieutenant in an airport hangar in Timika, Irian Jaya, has returned here with a preliminary report indicating that the suspect had been suffering a mental disorder. Armed Forces general affairs chief Lt. Gen. Soeyono confirmed yesterday the investigation team had returned Tuesday night and delivered the report to him.

Two arrested for kidnapping

Two arrested for kidnapping JAKARTA (JP): The city police have arrested two men believed to be the kidnappers of a soccer player whose father had been involved in a business dispute with them. City Police Spokesman Lt. Col. Iman Haryatna confirmed the arrest of Ucok Siregar and John Siregar for kidnapping Budi Setiawan, a junior player with the leading football club Pelita Jaya. He said the police both released Budi and arrested his kidnappers at their house on Jl.

HongkongBank employees seek salary rise

HongkongBank employees seek salary rise JAKARTA (JP): More than 200 Hongkong Bank employees in Central Jakarta went on strike indefinitely yesterday, in protest against the management's refusal to raise their salaries and provide them with better facilities. The action started in the afternoon following a meeting between the company's unit of the All Indonesia Workers Union (SPSI), the Hongkong Bank management and manpower ministry officers, at the ministerial office.

Customs office allowed to impose sanctions

Customs office allowed to impose sanctions JAKARTA (JP): The government has issued new rulings, empowering the Directorate General of Customs and Excise to impose administrative sanctions on violators to uphold the customs and excise laws. "The imposition of administrative sanctions is the consequence of the self-assessment principle in the customs and excise laws," the Ministry of Finance said in a statement. Government Regulation No. 22/1996 covers customs sanctions and No.

33 firms seek minimum wage delay

33 firms seek minimum wage delay JAKARTA (JP): Thirty-three companies want the Jakarta office of the Ministry of Manpower to postpone the implementation of the new minimum wage regulation. The head of the office, Freddy Tuamelly, said yesterday that the 33 companies have reported that they cannot comply with the regulation. They want the office to issue them official permits enabling them to delay the enforcement of the regulation. There are a total of 22,900 companies in Jakarta.

Collusion on the Supreme Court

Collusion on the Supreme Court Allegations of collusion on the Supreme Court (The Jakarta Post, April 15 and Kompas, April 15) threaten jurisprudentie- recht (Dutch for judge-made law). The Chief Justice has authorized the Special Supervision Coordinator within the Supreme Court to conduct an investigation.

Minister installs 64 new commissioners

Minister installs 64 new commissioners JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah yesterday installed six new advisers at his ministry and 64 new state-owned plantation firm commissioners. The newly installed executives consist of 14 chief commissioners and 50 commissioners for the 14 plantation companies under the agriculture ministry.

Honda to raise output in RI

Honda to raise output in RI TOKYO (AFP): Japan's Honda Motor Co. Ltd. said yesterday it would raise motorcycle production in Indonesia and open a second production plant. The world's leading motorcycle manufacturer said in a statement it would lift Indonesian production from 550,000 units in 1995 to 650,000 this year.

Firm owner tried for corruption

Firm owner tried for corruption MANADO, North Sulawesi: A private company owner in Jakarta, identified only as BS, went on trial yesterday for altering land acquisition documents in an attempt to defraud the state out of Rp 1.8 billion (approximately US$ 762,388). Antara reported that Prosecutor B. Hutabarat accused BS and an accomplice, identified as AR, of forging documents for a plot of land they bought from residents in the area surrounding Samratulangi airport.

Malaysian riders join Siwo race

Malaysian riders join Siwo race JAKARTA (JP): Malaysia announced yesterday it would send a team of three riders to the annual track cycling race at the Rawamangun velodrome, East Jakarta, this weekend. Secretary-general of the Indonesian Cycling Association Hussein Kartasasmita said that Malaysia did not unveil the team lineup but he expected former Asian sprint champion Alwi, Mochamad Suhaimi and Kumaresan Murugayan to be the chosen riders.

Polysindo's profits up 95%

Polysindo's profits up 95% JAKARTA (JP): PT Polysindo Eka Perkasa, a publicly-listed producer of polyester chips, fiber and yarn, announced yesterday that it booked Rp 210 billion (US$89 million) in net profits in 1995. "It was an increase of 95.3 percent over 1994's result," the company's president, Marimutu Sinivasan, said in a statement.

Indonesia's road to democracy

Indonesia's road to democracy By Sayidiman Suryohadiprojo This is the second of two articles on the problems of creating a democracy. JAKARTA (JP): Everybody knows corruption is the main cause of a high cost economy and that it especially originates from the state apparatus. Yet people in government, while highly educated and well experienced, do not work hard enough to curb corruption.

W. Jakarta vendors gripped by anxiety

W. Jakarta vendors gripped by anxiety JAKARTA (JP): Street vendors in West Jakarta are gripped with anxiety as they do not know when the government will evict them. "Why doesn't the government just do what it wants, which is demolish our makeshift kiosks and move us elsewhere, instead of leaving us in limbo?" Sofian, a trader, told The Jakarta Post yesterday. Some 200 traders on Jl.

Seven die of diarrhea

Seven die of diarrhea KUPANG, East Nusa Tenggara: Seven residents of Nuataus village, in the Fatuleu district 35 kilometers east of here, died in a recent diarrhea outbreak, while 20 others had to be hospitalized. Antara quoted Dr. Edy Lamanepa of the health office in Kupang regency as saying yesterday that the first victims of the disease were found on March 27. He suspected that the cause was contaminated water.

Police arrest 121 students in anti-brawl drive

Police arrest 121 students in anti-brawl drive JAKARTA (JP): The police apprehended 121 high school students in various places in Central Jakarta yesterday in an effort to control student brawls which have once again flared up. The Central Jakarta Police seized from the students a knife, sword and 20 belts which had bicycle cogwheels or larger steel discs in place of buckles. "We will continue raids on students brawling. This is an instruction of the Jakarta Police Chief Maj. Gen.

Plaudits for PSSI

Plaudits for PSSI From Kompas As an avid football fan I always follow the development of our national soccer team (PSSI). I would like to congratulate it on its success in reaching the final round of the 1996 Asian Cup. This achievement certainly has a historical value for Indonesia. I hope that this accomplishment will further motivate our national soccer team to achieve more, not only on the Asian level but also in the world arena. Keep up your good work! ANDI SEBAYANG Bandung, West Java

Government approves Garuda's restructuring

Government approves Garuda's restructuring JAKARTA (JP): The government has approved Garuda Indonesia's financial restructuring program and will increase its equity capital to facilitate the firm's plan to float shares later this year.

Jordan or Stackhouse due here

Jordan or Stackhouse due here JAKARTA (JP): Either National Basketball Association great Michael Jordan or NBA rookie of the year Jerry Stackhouse will visit Indonesia for a week in August -- if an agreement on the appearance fee is secured. Indonesian Basketball League secretary Ade Bela told The Jakarta Post that negotiations are now under way to get Jordan to entertain Indonesian basketball fans. "Jordan will hand over the league's trophy to the league's winner (in the Aug.

Ministry to expendite firms' articles amendments

Ministry to expendite firms' articles amendments JAKARTA (JP): The government yesterday promised to process quickly and approve any amendments companies make to their articles of association, as mandated by the new company law. The director of civic law at the Ministry of Justice, Ratnawati Prasodjo, said yesterday at a seminar that by the end of this month her office aims to have approved all amendments to companies' articles of association submitted prior to March 7.

N2130 aircraft

N2130 aircraft From Pelita Reading Probosutedjo's statements on Habibie and IPTN (the state-run aviation industry) published in the March 9, 1996 edition of Pelita, I am impelled to give some comments. In his judgment, Probosutedjo has based his views solely on a business perspective. He said that it would be much better for the nation to buy a few big aircraft like the Airbus than to produce the expensive N2130 aircraft. From a short-term goal perspective, Probosutedjo's concept might be right.

World sprinters to higlight Bob Hasan track and field meet

World sprinters to higlight Bob Hasan track and field meet JAKARTA (JP): The owners of 14 of the world's swiftest feet will be the highlight of the second Bob Hasan Track and Field Invitational Meet on May 4 at the Senayan Madya Stadium. Four are in the men's division: sprinters Dennis Mitchell and Vincent Henderson of the United States, Glenroy Gilbert of Canada and Patrik Strenius of Sweden. Mitchell ran his fastest 100m time, 9.94 seconds, in 1994.

Govt urged to review Cipta Jaya's land title

Govt urged to review Cipta Jaya's land title JAKARTA (JP): Several legislators urged the National Land Agency yesterday to review the land title given in 1994 to PT Cipta Jaya Raya in Labuhan Batu district, North Sumatra. The House members said that the land title may have been processed based on falsified documents reported by Cipta Jaya.

Bintang insists on his innocence

Bintang insists on his innocence JAKARTA (JP): Outspoken politician Sri Bintang Pamungkas insisted yesterday that Central Jakarta prosecutors have failed to prove he slandered President Soeharto. The former United Development Party member of the House of Representatives reiterated his demand that the court drops all charges against him. In the packed and noisy courtroom, Bintang and his defense lawyers said that the whole trial had been framed from the outset.

Govt hardens stance on poll body

Govt hardens stance on poll body JAKARTA (JP): After weeks of controversy and a number of contradictory official statements, the government made clear unequivocally yesterday that it does not welcome the newly- established Independent Election Monitoring Committee (KIPP). "The government does not need this," head of the official Election Supervision Committee Singgih said after meeting President Soeharto to whom he reported the completion of some of the early stages of the general elections.

Rights and environment pose new challenges to mining sector

Rights and environment pose new challenges to mining sector JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana yesterday warned that human rights and environmental problems would pose the biggest challenges to the mining and energy sector in the future. "All of us should pay special attention to these issues.

Save our film industry

Save our film industry From Neraca I am delighted that someone is talking about the development of our film industry. I appreciate ANteve's airing of local films on Sunday evenings. These films feature attractive scenes and impressive dialogue. They also have beautiful messages to convey to the viewers. I hope Deddy Mizwar and Dewi Yull will continue their good work, raising the community's awareness of values which are becoming a rarity. AGUS Jakarta

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Family Matters 3:00 News: Lintasan Berita 3:05 Tours Film 3:30 Science Film 4:05 News: Lintasan Berita 4:30 Sport: Olahraga dan Prestasi 5:00 Evening News 5:30 Arabic Lessons 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:25 Garuda Pancasila/Filler/Teller 7:30 Report News: Laporan Luar Negeri 8:00 News: Lintasan Berita 9:00 World...

Max Mara's collection dominated by neutrals

Max Mara's collection dominated by neutrals By Parvathi Nayar Narayan JAKARTA (JP): The Max Mara group is a leading player in the Italian pret-a-porter world. From the first collection presented in 1951, the clothes have had a trademark style of clean, minimalist lines and cuts. It has grown and adapted, starting with reinterpreting French design using Italian creativity, to creating a Max Mara style by the end of the sixties with inputs from designers like Karl Lagerfeld and Emmanuelle Kahn.

Bus fares for school children

Bus fares for school children On April 12, 1996 you published a letter from Lanny Marbun in respect to school children's bus fares. On the one hand Lanny says it is unfair that many bus drivers are reluctant to pick up school children because student fares were not increased. On the other hand Lanny recommends the increase of the fare to Rp 150. Maybe the students would "tolerate" it. Of course they would, they'd have no choice. This is a good example of Indonesian's style of problem solving!

Two PT PLN subsidiaries to go public

Two PT PLN subsidiaries to go public JAKARTA (JP): Subsidiaries of the state-owned electricity company PT PLN are to float their shares internationally in the near future, President Soeharto said yesterday. Speaking at the opening of a three-day working conference of the Ministry of Mines and Energy at the State Palace here, the President cautioned that the international flotation should be prepared carefully.

Utut Adianto leads Madras chess tourney

Utut Adianto leads Madras chess tourney JAKARTA (JP): Indonesian Grand Master Utut Adianto took the lead in the Cakti chess tournament in Madras, India, after a win over India's Konguvel on Tuesday. The victory put Utut on top of the standings with 2.5 points, followed by English Grand Master Anthony Miles, International Master Ramesh of India and Grand Master Niaz Murshed of Bangladesh who each collected 2 points.

Ferry victims await compensation

Ferry victims await compensation BANDA ACEH, Aceh: The relatives of six of the 344 victims of the Gurita ferry tragedy have not received any compensation from state-owned insurance company PT Asuransi Kerugian Jasa Rahardja. The six were Radin Simatupang, A. Manaf, Annavi, Jap Nam Hiong, Cut Seniwati and Ina Yanti, Antara reported yesterday. Relatives of the other 338 victims have already received compensation. The Gurita ferry sank on Jan.

Wage hike may lead to small firms' bankruptcy

Wage hike may lead to small firms' bankruptcy JAKARTA (JP): This month's 10.6 percent raise in the minimum regional wage level poses a heavy financial burden that may lead small and medium-sized businesses to declare bankruptcy, a tycoon warned yesterday. Sofyan Wanandi of the Gemala Group said that the regulation is being enforced at a time when the labor-intensive sector, comprised mainly of garment, textile and footwear factories, is in financial trouble.

Armed Forces warns against 'adventurers'

Armed Forces warns against 'adventurers' SEMARANG (JP): A top military official has warned against "political adventurers" in the 1997 general elections, outlining the risks he feels these people pose. Assistant to Armed Forces (ABRI) chief for social and political affairs Maj. Gen. Soewarno Adiwijoyo defined political adventurers as people who have no loyalty toward any of the existing political grouping, and tend to abstain from voting.

Disabled children not enrolled

Disabled children not enrolled BOJONEGORO, East Java: A total of 174 children with various disabilities are currently not enrolled in school due to the limited number of special schools in the regency, Antara reported yesterday. A local Ministry of Education and Culture official said that 399 children are suffering from deafness, blindness, mental retardation or another disability.

Bus drivers and responsibility

Bus drivers and responsibility From Media Indonesia The Kramatjati bus tragedy on the Jagorawi toll road that claimed 30 lives on March 23, 1996, was just one of many road calamities to have recently taken place. In most cases passengers reportedly warned their drivers to slow down and protested their reckless driving. But, as usual, the drivers rarely take heed of their passengers' concerns. When it is too late, the drivers then flee the accident sites to avoid responsibility.

Justice Adi praised and criticized

Justice Adi praised and criticized JAKARTA (JP): A judge who blew the whistle on alleged bribery in the Supreme Court has received the support of another senior legal official, but has been criticized by his superior for failing to consult his seniors. Chief Justice Soerjono said yesterday that his office would study a letter that Deputy Chief Justice for General Crimes Adi Andojo Soetjipto sent to the Jakarta Prosecutors' Office requesting a review of a document fraud case.

Why imported goods?

Why imported goods? From Kompas I would like to congratulate PT Saranapratama Artamandiri, which has built apartments in response to the call of the Jakarta Administration. A report on this project was published in Kompas on 2 April 1996. However I do have a concern. Why is it that the building should use so many imported materials, such as for its floor tiles, door locks and electrical items? Aren't these produced domestically and available in local markets at competitive prices?

Standard buses cannibalized for express fleet

Standard buses cannibalized for express fleet JAKARTA (JP): The head of the Land Transportation Control Agency, JP Sepang, promised yesterday to get buses back on the street and to make sure they are serving the public properly. Passengers have been complaining of a decrease in the number of standard buses, which charge a fare of Rp 300 (13 US cents), and too many Express (Patas) buses charging Rp 700 per trip.

3,000 shanties demolished

3,000 shanties demolished JAKARTA (JP): More than 3,000 shanties built illegally on green belt sites and riverbanks in North Jakarta have been torn down during the last four years, with the owners receiving no compensation money. The head of the mayoralty public order office, Boy Firman S, said yesterday that demolition of illegal houses would continue until the end of this month.

6,000 kiosks unused

6,000 kiosks unused JAKARTA (JP): At least 6,000 kiosks in markets managed by the city-owned market company PD Pasar Jaya are unused. The Deputy Governor T.B. M. Rais has asked the company's management to address the problem. Rais said the market buildings were expensive to construct. "The kiosks must not be left empty," he was quoted by Antara as saying yesterday. The market company currently manages 91,000 kiosks spread over markets in all five mayoralties. (sur)

'I just have a different style,' says Downer

'I just have a different style,' says Downer JAKARTA (JP): March ushered in a new chapter in bilateral relations between Indonesia and Australia with the election of a conservative government under Prime Minister John Howard. In his first official visit abroad as Australia's new foreign minister, Alexander Downer, 44, talks with The Jakarta Post about development aid, the mutual security agreement and the membership of the ASEAN Regional Forum (ARF). JP: How was your visit to Indonesia?

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 17, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,000 -25 1,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,675 0 962,500 Aneka Kimia Raya 3,650 0 39,500 Anwar Sierad 2,650 0 1,655,000 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,450 50 1,261,000 Argo Pantes 2,200 -50 14,000 Asahimas Flat 3,025 -50 136,500...