Indonesian Political, Business & Finance News

Archive: 30 May 1996

43 articles found

Ad spend

Ad spend From Media Indonesia I would like to ask the advertising agency which designed the television advertisement for Plaza Senayan why they promote such consumptive behavior as reflected in the jingle "You live only once ... do not waste the chance" and the helicopter used by the liberal-spending lady for shopping? Is it true that one's lifetime must be spent acquiring luxury goods? Is the Indonesian Advertising Bureau not authorized to supervise the quality of its members' products?

29,394 children targeted in foster-parent drive

29,394 children targeted in foster-parent drive JAKARTA (JP): Almost 30,000 children will hopefully be able to enter or complete elementary school this year through scholarships from the public. According to the city's office in charge of elementary education, at least 29,394 children of elementary school age have yet to receive help. They were part of the targeted total of 64,868 children in last year's foster-parent drive, first introduced by the Ministry of Education and Culture in 1984.

New club specializing in sexual fitness opens

New club specializing in sexual fitness opens JAKARTA (JP): Set aside Rp 3 million (US$1,275) for a three- month program to develop your inner strength and confidence towards sexual happiness! This is an offer from a new club, the "Alexandria" clinic in Kuningan, South Jakarta, where instructors and medical staff including noted medical sexologist J. Alex Pangkahila aim to improve the sexual potential of husbands and wives.

Documents for foreigners

Documents for foreigners I read with interest your May 26, 1996 reports concerning "How to apply for visa and stay permits" and "Work permits for foreigners issued by several agencies." I am a bit confused, however, on the following issues and would be pleased if you could clarify to avoid any misperceptions. * In his book Pedoman dasar perseroan terbatas, 1994 (Basic guidelines for limited companies), lawyer IG.

Discipline on toll road

Discipline on toll road From Bisnis Indonesia Lately a number of military units in Jakarta have been flagging down and checking vehicles bearing military number plates. It would be a good thing if such operations were extended to include disciplinary behavior of toll road users, including Armed Forces members. It is not precluded that quite a few Armed Forces members violate toll road regulations, including the intra-urban toll road from Bekasi over the cloverleaf to Grogol.

Bus firms warned over regular bus operation

Bus firms warned over regular bus operation JAKARTA (JP): The city land traffic control agency is threatening to harshly punish bus companies which fail to operate 30 percent of their fleet as regular buses by the end of next month. The head of the agency, JP Sepang, announced yesterday that the companies may lose their operation permits if they take the warning lightly. "We have given the companies enough time. There'll be no more negotiating," he said.

Anti-smoking drive no draw in sports

Anti-smoking drive no draw in sports JAKARTA (JP): An anti-smoking campaign in connection with sports events and art performances has turned out to be no easy job, because the demand for sponsorship by cigarette makers is still high. A group of sports stars, anti-smoking campaigners and a comedian said during a seminar yesterday that cigarette makers are easy to approach for sponsorship of major events.

Eradicating poverty

Eradicating poverty According to Sofyan Wanandi, only 30 out of about 100 big companies (signatories of Jimbaran Declaration) fulfilled their promised to contribute 2 percent of their net profit to the poverty eradicating program for 1995. Many of the large-scale businesses -- mostly foreign companies and joint-venture firms -- are reluctant to pay the promised contribution.

Astra International plans to produce cheap sedans

Astra International plans to produce cheap sedans JAKARTA (JP): Publicly-listed automaker PT Astra International yesterday confirmed that it is preparing to produce cheap sedans to anticipate tight competition in the free trade era after the year 2003. "We have our own long term strategic plan. We have to be prepared to face tough competition from neighboring countries' automakers," Astra's finance director, Rini Suwandi, said after the company's annual shareholders meeting yesterday.

'RCTI' told to get building permit

'RCTI' told to get building permit JAKARTA (JP): The West Jakarta administration has urged the private television station RCTI to apply for building permits for its newly-constructed tower and building at its existing complex. "We want RCTI's management to abide by the procedures on constructing new buildings," Sofyan Hadi, the chief of the City development supervision agency said yesterday. The tower and the new building are located in the compound of the existing RCTI station on Jl.

Indonesian rowers leave for Olympic qualifier

Indonesian rowers leave for Olympic qualifier JAKARTA (JP): Five Indonesian rowers set off yesterday for the Olympic Games Asia zone qualifying round in Tokyo, Japan, with the goal of winning a place at the world's biggest sporting meet. Chairman of the Indonesian Rowing Association Basuki said yesterday that the country's main Olympic hope is the single sculler, Lasmin. "I'm very confident about his chances of winning in Japan," Basuki said.

Concessionaires still cheating on forest fees

Concessionaires still cheating on forest fees JAKARTA (JP): A senior government official yesterday criticized forest concessionaires for frequently failing to pay sufficient mandatory forest fees and accused them of misusing the self-assessment method entrusted to them.

Domestic fuel sales require price subsidies

Domestic fuel sales require price subsidies JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana estimated yesterday that the government might have spent Rp 54.3 billion (US$23.11 million) in subsidies for domestic oil fuel sales in April because crude oil prices reached US$19.21, much more than the $16.50 estimated for the current fiscal 1996/97.

House on disputed land demolished amid noisy protest

House on disputed land demolished amid noisy protest JAKARTA (JP): A house on a disputed plot in the Kebon Kacang subdistrict was finally torn down amid noisy protests, despite a call by the mayor to halt the demolition pending an agreement on land compensation. Earlier construction workers, after hearing an elderly woman's defense of her property, had delayed executing the demolition order for 40 minutes.

Cement company's profits up

Cement company's profits up JAKARTA (JP): PT Indocement Tunggal Perkasa, a major publicly- listed cement producer, yesterday announced a 16 percent increase in its quarterly profits, while two other listed firms reported increases in their profits in 1995. Indocement said in a statement yesterday that its consolidated profits increased to Rp 100 billion (US$42.5 million) in the first quarter of this year from Rp 86.6 billion in the same period last year.

Beauty queens and values

Beauty queens and values It is to be hoped the beauty queen debate will end now that President Soeharto has barred participation in any form of Indonesians in such competitions abroad. It may be true that aside from displaying their bodies, participants must also display their intellectual qualities, but the element that determines the winner is still the body, which is displayed openly. In Indonesian culture the display of a woman's body, even partially clothed, is considered improper.

Minister rules out more equity in hotel firm

Minister rules out more equity in hotel firm JAKARTA (JP): The government yesterday ruled out giving more equity to the state-owned hotel firm PT Hotel Indonesia International Corporation & Natour, which is attempting to improve its financial structure. "The era of government-equity support in state-owned enterprises has ended," Minister of Tourism, Post and Telecommunications Joop Ave said.

Defiant politician Bintang forms new political party

Defiant politician Bintang forms new political party JAKARTA (JP): Controversial politician Sri Bintang Pamungkas announced yesterday the formation of his new political party in defiance of the law, and the government. Bintang however said the Indonesian Democratic Union Party, or PUDI for short, will not be contesting next year's general election because it distrusts the existing political and election system.

Keep elderly employed: Soeharto

Keep elderly employed: Soeharto DEMAK, Central Java (JP): President Soeharto launched the National Day for the Elderly yesterday with an appeal to the nation to try to keep people past retirement age in gainful employment. "By proclaiming this National Day for the Elderly, we hope there will be a new awareness among people about the plight of elderly people, particularly retired people," Soeharto said at the ceremony in Pucang Gading village. "Elderly people" are defined as over 60.

Being different helps Charriol gain success

Being different helps Charriol gain success By Thalia Kamarga JAKARTA (JP): Being different is the key to success. That is what Philippe Charriol has proven. With a motto of L'art de vivre la difference, meaning "the art of living the difference", Philippe Charriol has succeeded in becoming one of the most successful luxury accessory brands. "Trying to be not exactly like the others," he explained when asked about the motto.

14 soldiers to be tried over Ngabang shooting

14 soldiers to be tried over Ngabang shooting JAKARTA (JP): Fourteen soldiers suspected of involvement in the shooting of West Kalimantan demonstrators last month will soon be court-martialled, the Pontianak military chief Col. Zainuri Hasyim said. "There won't be any cover-up of the facts. Those who are found guilty will be punished in accordance with the law," Zainuri was quoted by Antara as saying in Pontianak, the capital of West Kalimantan, yesterday.

Cocoa body asks for removal of VAT

Cocoa body asks for removal of VAT JAKARTA (JP): The Indonesian Cocoa Association yesterday urged the government to remove or postpone the implementation of value- added tax (VAT) on all primary agricultural products. The association's chairman, Litha Brent, in a hearing with members of the House of Representative's Budgetary Commission, said yesterday that such a tax will be burdensome to farmers because in practice, the tax is imposed on a commodity's sale price at the farmer level.

Villagers reject compensation

Villagers reject compensation BANDAR LAMPUNG, Lampung: Around 700 residents of Sukarame subdistrict yesterday held a demonstration at the provincial legislative council, protesting a planned appropriation of their land. Representing over 6,000 residents, the protesters said they would not accept money or any other compensation offered by PT WHP, a housing developer, because they wished to continue living in the area.

Government privatizes Aneka Gas Industri

Government privatizes Aneka Gas Industri JAKARTA (JP): The government has privatized state-owned industrial gas firm PT Aneka Gas Industri through direct placement in an effort to improve its competitiveness.

Joop denies bribe for Bali megaproject

Joop denies bribe for Bali megaproject JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave yesterday denied that his office has received illegal payments from the state-owned PT Telkom telecommunications company for the development of a US$85 million tourist megaproject in Bali.

Govt blamed for RI's poor car technology

Govt blamed for RI's poor car technology JAKARTA (JP): The Indonesian Automotive Industry Association, which groups mostly Japanese vehicle manufacturers, yesterday blamed the government for not giving enough chances to existing assemblers to develop locally-designed sedans. Speaking at a hearing of the House of Representatives' technology and education commission, the association's chairman, Herman Z.

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 Dance 3:30 Travel: Rhine Valley 4:00 News: Lintasan Berita 4:05 Science Film: Art Link Letter 4:30 Education 5:00 Evening News 5:30 Arabic Lessons 6:00 News: Lintasan Berita 6:05 Economic: Karya dan Upaya 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:25 Garuda Pancasila/Filler/Teller 7:35 Business: Profesi 8:00 News: Lintasan Berita 8:05 Culture:...

Soeharto leads foster parent drive

Soeharto leads foster parent drive DEMAK, Central Java (JP): President Soeharto inaugurated the National Foster Parents Movement yesterday by pledging to take care of 100,000 children who need financial assistance to send them to school. The President challenged the nation to fund the other 300,000 children who are in desperate needs of financing. "Surely we can get 400,000 (under the program).

Hotline for obstetrics

Hotline for obstetrics JAKARTA (JP): Those in need of information on obstetrics and gynecology can now dial 3901122 and 3901133 or fax 3901177 for the hotline at Cipto Mangunkusumo General Hospital in Central Jakarta. The 24-hour hotline service is the result of collaboration between PT Telkom's Central Jakarta office and the Department of Obstetrics and Gynecology of the hospital. Sigit Pramono, the head of PT Telkom Central Jakarta, and Dr.

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.

Daewoo to build cement plant in S. Sulawesi

Daewoo to build cement plant in S. Sulawesi JAKARTA (JP): South Korea's Daewoo Corporation yesterday secured a US$208.8 million contract to build a cement plant in South Sulawesi for PT Semen Bosowa Maros. "The signing of the turnkey contract proves that Indonesia's investment climate remains attractive for both foreign and domestic investors," Minister of Industry and Trade Tunky Ariwibowo said yesterday, after witnessing the contract's signing.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 29, 1996: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 925 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 75 581,500 Andayani Megah 1,375 50 590,000 Aneka Kimia Raya 4,400 0 0 Anwar Sierad 2,325 0 143,500 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,250 0 36,500 Argo Pantes 2,100 0 0 Asahimas Flat 2,775 0 23,500 Asiana IMI Indusrties...

RI's top shuttlers plan no tours before Atlanta

RI's top shuttlers plan no tours before Atlanta JAKARTA (JP): Indonesia's top badminton players will skip all tournaments before the Atlanta Olympic Games after their successful defense of their titles in the Thomas Cup and Uber Cup, an official said yesterday. The Badminton Association of Indonesia's secretary-general RAJ Gosal said yesterday that all his Olympic hopefuls will gear up for the Summer Games at their base camp in Cipayung, East Jakarta.

Freeport denies neglecting native Irianese

Freeport denies neglecting native Irianese JAKARTA (JP): PT Freeport Indonesia, a frequent target of allegations of human rights abuse and environmental degradation in Irian Jaya, denied yesterday it neglects indigenous Irianese. Paul S. Murphy, the company's executive vice president and director, claimed that Freeport contributes more to the local community's welfare than any other company in the world.

Basofi denies levies for Golkar account

Basofi denies levies for Golkar account SURABAYA, East Java (JP): Governor Basofi Soedirman has denied reports of levies to beef-up Golkar's political funds being taxed on civil servants. "It's not true if people said there are fees, including for Golkar batik and yellow jacket. Those articles are being distributed to cadres for free," Basofi said here on Tuesday. On the contrary, he said, Golkar already has an abundance of funds gathered from various private donations.

Gapensi questions tender process

Gapensi questions tender process JAKARTA (JP): The Indonesian Builders Association (Gapensi) has revealed what it calls irregularities in the tender process for the repair and cleaning of waterways in the Tanjung Priok harbor. The chairman of the Jakarta chapter of the association, Daniel Hutapea, said on Tuesday that two association members were refused entry in the bid for the project worth less than Rp 500 million, Antara reported.

Djojohadikusumos boost banking stance

Djojohadikusumos boost banking stance JAKARTA (JP): Senior economist Sumitro Djojohadikusumo and his family boosted their presence in the banking industry yesterday by injecting Rp 40 billion in fresh funds to Bank Pelita, one of the banks acquired by the family in the last two years.

BI to issue bonds in U.S.

BI to issue bonds in U.S. JAKARTA (JP): Bank Indonesia will issue government bonds in the United States in July or August this year in an effort to diversify the central bank's financial sources. The central bank announced here yesterday that the bonds, the first to be issued since 1988, are expected to become a benchmark of debt instruments issued by private Indonesian companies in the United States.

Nyoman's women show his explosive energy

Nyoman's women show his explosive energy By Amir Sidharta JAKARTA (JP): Don't expect anything like Hofker's or Basoeki Abdullah's eroticism or Antonio Blanco's exoticism in Nyoman Gunarsa's paintings, even in the exhibition entitled Women in Nyoman's paintings, currently on show in Kemang, South Jakarta. Viewers will find instead the most dynamic and expressive portrayal of women in Balinese art or art about Bali mounted for years.

Eye Bank seeking law on cornea transplants

Eye Bank seeking law on cornea transplants JAKARTA (JP): The Indonesian Eye Bank is seeking the establishment of a law which will allow immediate cornea transplantation from unidentified corpses. Siti Maemunah Alamsjah Ratuprawiranegara, the chairperson of the non-governmental organization, told a hearing of the House Commission VIII on health affairs here yesterday that such a law would help meet the domestic cornea demand. "We're short of corneas," she said.

Quake jostles Mataram

Quake jostles Mataram MATARAM, West Nusa Tenggara: Residents were jolted awake when an earthquake measuring 4.7 on the Richter scale hit the city at around 2 a.m. yesterday. Antara quoted Daryono, an official at the Meteorology and Geophysics station in Denpasar, Bali, as saying that the quake lasted five seconds and that its position was 126 km south of here in the Indian Ocean. No casualties have been reported. (swe)

Senior citizens neglected

Senior citizens neglected KENDARI, Southeast Sulawesi: A total of 12,358 senior citizens in the province are categorized as "neglected" and await help from the social services office, Antara reported yesterday. The agency quoted Mrs. Helmi Ma'mur of the social service office as saying that, due to limited funds, her office has only been able to help 2,570 elderly people. The elderly people she was referring to were part of 66,000 people over 60 years of age in the province.

Arifin remembered in poetry

Arifin remembered in poetry JAKARTA (JP): The death of playwright Arifin C. Noer was commemorated Tuesday evening by a musical performance of his poems. The commemoration of Arifin's death last year at his home in Cipete, South Jakarta, featured artists from the Teater Bel and the Lab Teater Ketjil groups. The six poems by Arifin included Impian-impian (Dreams), Cerita Malam (Night Story), Rindu (Yearnings) and Arak-arakan Duka (Procession of Sorrow).