Indonesian Political, Business & Finance News

Archive: 22 July 1996

48 articles found

Law reform needed to protect women

Law reform needed to protect women YOGYAKARTA (JP): Activists are again calling for the reevaluation of laws and regulations which discriminate against women. Nursyahbani Katjasungkana, chief of the Association of Indonesian Woman for Justice, said that many of Indonesia's laws reflected patriarchal values that subordinated women to men.

ASEAN considers goods in transit

ASEAN considers goods in transit JAKARTA (JP): The Association of Southeast Asian Nations (ASEAN) agreed yesterday to undertake a program to facilitate goods in transit. In their joint communique, ASEAN foreign ministers called on member countries to make efforts to promote trade and the free movement of goods in the region.

Senior Australian diplomat considered for Jakarta

Senior Australian diplomat considered for Jakarta JAKARTA (JP): The Australian government is preparing John McCarthy, its ambassador to the United States, to serve as its ambassador to Indonesia later this year, Antara reported. The news agency quoted The Australian as saying that McCarthy, a career diplomat, would soon be recalled to serve the Department of Foreign Affairs and Trade in Canberra until December, when the position in Jakarta becomes vacant.

The ASEAN meetings

The ASEAN meetings This week is a very busy one for the 29-year-old Association of Southeast Asian Nations (ASEAN). It started last Tuesday, with the senior officials' talks to prepare for the meeting of foreign ministers over the weekend. The series of conferences is to be capped this week with dialogs between ASEAN and 28 developing countries and developed countries.

ASEAN faces export challenge

ASEAN faces export challenge JAKARTA (AFP): ASEAN economies face the challenge of maintaining their edge in exports, the engine of their rapid growth, as domestic constraints increase and competition from Asian rivals heats up. Economists say the first signs of a slowdown from years of fast export growth are now visible and warn that the Association of Southeast Asian Nations (ASEAN) cannot dismiss it as a mere blip.

Best banks according to Infobank's rating version

Best banks according to Infobank's rating version Ten best banks in the category of banks with assets of over Rp 1 trillion (based on 1995 financial reports ended in December) (In million rupiah) Ranking/Banks Assets After-tax profits ---------------------------------------------------------------- 1. Bank Tiara 1,317,144 33,288 2. Bank DKI 2,291,620 43,335 3. Bank Dharmala 1,128,403 30,433 4. Bank of Tokyo 1,500,946 52,634 5. Bank Mashill 1,238,252 16,890 6. Bank Bira 1,652,374 30,341 7.

Rights activist Jesse Jackson meets Megawati

Rights activist Jesse Jackson meets Megawati JAKARTA (JP): United States civil rights activist Jesse Jackson met with ousted leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri, lending her moral support and expressing hope for a fair and honest election here next year. The meeting took place yesterday amid heavy security by some 50 plainclothes police officers who joined in the media frenzy at Hilton Hotel's Lagoon Tower, where Jackson stayed during his visit to Indonesia.

Best banks according to SWA's rating version

Best banks according to SWA's rating version Nine best banks in the category of banks with assets of over Rp 10 trillion (based on 1995 financial reports ended in December) (In million rupiah) Ranking/Banks Assets Pre-tax profits ------------------------------------------------------------------ 1. Bank Internasional Indonesia 12,899,081 269,872 2. Bank Dangang Nasional Indonesia 12.435,865 197,571 3. Bank Danamon 14,015,108 193,422 4. Bank Negara Indonesia 32,185,683 406,685 5.

Man falls overboard in Kupang

Man falls overboard in Kupang KUPANG, East Nusa Tenggara: One man fell overboard from the KM Dobonsolo on Wednesday, causing the luxury liner of state-owned shipping company Pelni to arrive two hours behind schedule in the Kupang port. Antara quoted Mukni of the company as saying that the unidentified man was still missing. "The ship returned and circled the spot where the man fell for two hours, but failed to find him," he said.

Positive predictions made on JSX performance

Positive predictions made on JSX performance JAKARTA (JP): Securities analysts project that share prices on the Jakarta Stock Exchange (JSX) are likely to be firm this week due to the easing of fears for a possible increase in U.S. interest rates. They also viewed that the listing of several new stocks is also expected to give a boost to the market. "It's very positive.

More sodomy victims found

More sodomy victims found JAKARTA (JP): Two boys rounded up by Central Jakarta Police told the officers they had been victims of sodomy. The two were among 15 boys picked up on Friday. One of the boys, identified only as A.M., said that a man he called Bang (brother) Edy once sodomized him before forcing him to become a beggar. Edy is now believed to live in Palembang, South Sumatra. Another victim, Al, said he had once been sodomized by a friend, identified as Heru. Al did not go into detail.

ASEAN hears human rights appeal

ASEAN hears human rights appeal JAKARTA (JP): Human rights activists from Indonesia, the Philippines and Thailand took their case to the Association of Southeast Asian Nations (ASEAN) yesterday in a bid for a regional rights mechanism. However, the association responded coldly, saying that in order to have a regional commission, body, or mechanism on human rights, each member country of ASEAN must have their own national commissions on human rights first.

Malay Festival for other ethnic groups

Malay Festival for other ethnic groups MEDAN, North Sumatra: The festival of Malay culture, to be held here on July 29 to Aug. 3, will not exclude the participation of people from other ethnic groups, its organizer said. Zainul Aris was quoted by Antara as saying on Saturday that the festival is meant as a campaign to preserve the local Malay culture, as well as to attract tourists.

Nuclear free zone, help wanted

Nuclear free zone, help wanted JAKARTA (JP): ASEAN foreign ministers asked the world's major nuclear states yesterday to support the region's move to turn Southeast Asia into a nuclear weapon-free zone. Winding up their two-day meeting, the ministers of the Association of Southeast Asian Nations in a communique called on all nuclear weapon states "to extend their cooperation by acceding to the Protocol of the Treaty".

Davomas revises profit projection

Davomas revises profit projection JAKARTA (JP): PT Davomas Abadi, the country's largest producer of cocoa butter and cocoa powder, has revised upwards its profit projection for this year from Rp 28 billion (US$11.7 million) to Rp 40 billion, due to its capacity expansion. "We formerly made a projection based on an annual production capacity of 40,000 tons following the second expansion in July, 1995," Davomas' financial director, Ernas Krisna Mulya, told journalists here over the weekend.

ASEAN women offered retraining

ASEAN women offered retraining JAKARTA (JP): The International Labor Organization has launched a program that aims at training ASEAN women in nontraditional skills and diversifying their employment opportunities. The ASEAN Network for Women in Skills Training is funded by the United Nations Development Program (UNDP) and the Canadian International Development Agency.

SyQuest fights back with EZFlyer 230MB removable

SyQuest fights back with EZFlyer 230MB removable By Zatni Arbi JAKARTA (JP): The war in the removable data storage industry seems to rage on, and it's quite easy to understand why. With multimedia becoming a household word, computer users need larger and larger storage data media to transport their file from one machine to another.

Nightspots disobey authority's order

Nightspots disobey authority's order TANGERANG, West Java (JP): Three nightspots, FM3 Transit Hotel, Model discotheque, and Singapore Karaoke have again violated the allowed operational hours. The nightspot owners were reprimanded by the local authority and warned to comply with the allowed operational hours of 9 p.m to 2 a.m. on regular days and from 9 p.m. to 3 a.m. on Sunday, following the protest by over 1,000 Moslems two weeks ago.

TV today

TV today TVRI 2:35 p.m. TV Series: Saber Rider and The Star Sheriff 3:05 Children's Program: Anak Anak Indonesia 3:30 TV Series: Major Dad 4:00 News: Lintasan Berita 4:05 Science Film: Animal Odyssey 4:30 Quiz: Cepat Tepat 5:00 Regional News 5:30 Hobbies 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Nationality: Hankamnas 7:00 Evening News 7:25 Garuda Pancasila/Filler/Trailer 7:30 TV Drama 8:05 Variety Program: Mozaik 9:00 World News 9:30 Music: Irama Masa Kini 10:30 Late News...

SyQuest fights back with EZFlyer 230MB removable

SyQuest fights back with EZFlyer 230MB removable By Zatni Arbi JAKARTA (JP): The war in the removable data storage industry seems to rage on, and it's quite easy to understand why. With multimedia becoming a household word, computer users need larger and larger storage data media to transport their file from one machine to another.

The ASEAN meetings

The ASEAN meetings This week is a very busy one for the 29-year-old Association of Southeast Asian Nations (ASEAN). It started last Tuesday, with the senior officials' talks to prepare for the meeting of foreign ministers over the weekend. The series of conferences is to be capped this week with dialogs between ASEAN and 28 developing countries and developed countries.

Snake charmer Iwan set to break the record

Snake charmer Iwan set to break the record JAKARTA (JP): If you are a poet, you will probably celebrate your country's anniversary by writing heroic poems and reading them in public. But what would you do if you were a snake charmer? For snake charmer Iwan Rachmat, who was born in Bandung, West Java, celebrating Indonesia's 51st anniversary meant breaking the record for living with poisonous snakes.

Police face difficulties in tracing serial killer

Police face difficulties in tracing serial killer JAKARTA (JP): The search for the main suspect in the serial killings of eight boys in the city is difficult work for police detectives, as they are lacking experience, evidence and information, an officer said. "It's indeed a challenging task for us because we have never dealt with these kinds of killings," a senior city police detective, who requested anonymity, told The Jakarta Post on Saturday.

Nature lovers meet to be held

Nature lovers meet to be held YOGYAKARTA: About 1,000 nature lovers from across Indonesia and some neighboring countries will gather here next month for the 11th national meeting of Indonesian Nature Lovers, Antara reported on Saturday. The first convention was held in 1970. At the forthcoming convention -- to be held from Aug. 4 to Aug. 11 -- participants will also take part in white water rafting, visit Kaliurang recreation area, climb the Parang Endog cliff, cave-dive in Mt.

Importers seek new trade law to protect businessmen

Importers seek new trade law to protect businessmen JAKARTA (JP): The Indonesian Importers Association suggested Saturday that the government issue a new trade law to protect local businesspeople from manipulation and collusion practices both at home and in foreign countries. "We've already had laws in other sectors, such as industry, transportation and labor.

Study divides RI into six tourist regions

Study divides RI into six tourist regions JAKARTA (JP): An expert team has prepared a proposal to divide Indonesia into six regions as an effort to endorse the development of the country's tourist industry. The team groups experts from University of Indonesia in Jakarta, University of Gadjah Mada in Yogyakarta, and the Bandung Institute of Technology in West Java. The jobs of the team include data compilation and strategy formulation for the development of tourism in the next 15 to 20 years.

ASEAN issues 53-point communique

ASEAN issues 53-point communique JAKARTA (JP): The foreign ministers of the Association of Southeast Asian Nations yesterday issued a 53-point communique which stressed the regional grouping's plans for expanded cooperation as well as its security concerns, including in the South China Sea. Key passages of the joint communique adopted at the end of ASEAN's 29th annual ministerial meeting: * Ministers accepted applications of Cambodia and Laos to join in 1997 and granted observer status to Burma.

Myanmar urged to reaffirm values on democracy

Myanmar urged to reaffirm values on democracy JAKARTA (JP): ASEAN stressed yesterday that apart from making adjustments to the association's legal and procedural requirements, Myanmar, together with current members, must reaffirm the association's common values of democracy and human rights. "Most importantly, we will have to reaffirm the common Asian ideals that we uphold, particularly participative democracy and full respect for human rights," Philippine Foreign Minister Domingo L.

'Infobank' and 'SWA' ratings put bankers at odds

'Infobank' and 'SWA' ratings put bankers at odds JAKARTA (JP): Infobank and SWA business magazines have put bankers at odds over their recent ratings on the country's 240 commercial banks. Their different criteria and formulas in judging performance made the rating results quite different, and left bank clients guessing which banks were really the best.

Police kill three Indonesian robbers

Police kill three Indonesian robbers KUALA LUMPUR (UPI): Malaysian police yesterday killed three Indonesian nationals in a shootout on the outskirts of Kuala Lumpur, a police spokesman said. A fourth member of the gang, considered armed and dangerous, escaped, said Criminal Investigation Department Chief Khoo Ah See. He said two of the dead suspects were identified as Herman Musa and Sudji Ahmat, according to their travel documents. The third suspect remained unidentified.

UN's report on human development reviewed

UN's report on human development reviewed JAKARTA (JP): Indonesian and regional experts will review the United Nation's Human Development Report which was published last week with the gloomy finding that the gap between the world's rich and poor has widened. The Jakarta office of the United Nations Development Program (UNDP) is co-hosting the two-day workshop to review the regional significance of the report.

HongkongBank case top priority: Ministry official

HongkongBank case top priority: Ministry official JAKARTA (JP): The dispute at HongkongBank is currently the top priority of the arbitration committee at the Ministry of Manpower, the chairman of the committee said. I Wayan Nedeng said on Saturday that because the case involves around 200 employees, it is being given priority "over hundreds of other cases". I Wayan was responding to why the deliberations have taken over two months while 189 employees remain unpaid.

Police Academy berated over shortcomings

Police Academy berated over shortcomings SURABAYA (JP): A retired police officer has criticized the Police Academy for failing to produce officers with enough expertise to cope with complex crimes. "Garbage in, garbage out," Maj. Gen. Koesparmono Irsan, a former deputy to the national police chief for operational affairs, told a seminar on police professionalism on Saturday. "The amount of garbage in at the Police Academy and training centers is unbelievable.

Ice cream vendor

Ice cream vendor From Media Indonesia That the taste of Walls' ice cream is delicious is undeniable. Children, adults, and even elderly people love it. However, Walls ice cream hawkers are, at the same time, a nuisance. Many people are disgusted by the noise they produce while they go on their rounds. The sound of the loud speaker is just loud enough to disturb people who are taking an afternoon rest. I don't have the intention of making the Walls ice cream vendors stop their business.

PNG wants to become permanent associate

PNG wants to become permanent associate JAKARTA (JP): Papua New Guinea is seeking the creation of a new status as "permanent associate" of ASEAN, arguing that its current title of "special observer" creates a great deal of uncertainty in its ties with the association. "Papua New Guinea believes that relations would be made stronger and more certain through developing a clearly defined form of permanent association with ASEAN," said PNG Foreign Minister Kilroy Genia.

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.

PDI public forums defended as legitimate

PDI public forums defended as legitimate JAKARTA (JP): Observers are applauding the supporters of ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri for vowing to continue their public forums despite the military's campaign to have them stopped. Political observer Arbi Sanit and human rights campaigner Hendardi have agreed that the forums are a legal arena through which Megawati supporters can express their political aspirations. "It's an effective means for them," Arbi said.

Export boost needed

Export boost needed Encouraging exports has become a major theme (in our economic policies). Various deregulation measures have been taken with the aim of creating a healthy business climate. Deregulation, however, is not automatically bringing us closer to our desired target. The effects of deregulation are greatly dependent on how we implement it.

Aceh roads prone to landslides

Aceh roads prone to landslides BANDA ACEH, Aceh: Landslides are a constant threat on the road connecting Banda Aceh with West Aceh regency because a safety embankment that separates it from some ravines has been built in ways which disregarded the local geological nature. Antara quoted a local mining official as saying on Saturday that a recent landslide in the area which had cut off traffic from Banda Aceh - Meulaboh was caused by both "natural factors" and "technical errors".

ASEAN hears human rights appeal

ASEAN hears human rights appeal JAKARTA (JP): Human rights activists from Indonesia, the Philippines and Thailand took their case to the Association of Southeast Asian Nations (ASEAN) yesterday in a bid for a regional rights mechanism. However, the association responded coldly, saying that in order to have a regional commission, body, or mechanism on human rights, each member country of ASEAN must have their own national commissions on human rights first.

Laos, Cambodia to be given extra time in AFTA accord

Laos, Cambodia to be given extra time in AFTA accord JAKARTA (JP): The Association of Southeast Asian Nations (ASEAN) will most likely allow both Laos and Cambodia more time to implement the ASEAN Free Trade Area (AFTA) agreement upon their admission into the association next year. After a consultative meeting with Laos, Thai Foreign Minister Amnuay Viravan, representing ASEAN, suggested that ASEAN give extra time to Laos and Cambodia in terms of AFTA implementation.

Most of city's organic trash can be recycled

Most of city's organic trash can be recycled JAKARTA (JP): If all Jakartans made compost out of their kitchen waste and other organic material, 90 percent of the city's organic waste could be reduced. The organic waste -- vegetable or fruit remains and yard waste -- makes up at least 70 percent of the 26,750 cubic meters of daily waste, according to the latest data on city garbage. "We would have only 10 percent organic waste which could not be recycled if all Jakartans made compost," Salam H.S.

Justice Adi says he will accept Soeharto's decision

Justice Adi says he will accept Soeharto's decision JAKARTA (JP): Justice Adi Andojo Soetjipto, whose whistle blowing tarnished the Supreme Court, said he would not fight his dismissal if President Soeharto endorsed it. "I will surrender and accept whatever decision the President makes," Adi was quoted by Antara as saying on Saturday after he met a group of students hunger striking to support his campaign against collusion in the Supreme Court.

The ASEAN meetings

The ASEAN meetings This week is a very busy one for the 29-year-old Association of Southeast Asian Nations (ASEAN). It started last Tuesday, with the senior officials' talks to prepare for the meeting of foreign ministers over the weekend. The series of conferences is to be capped this week with dialogs between ASEAN and 28 developing countries and developed countries.

Ministers yet to set informal summit date

Ministers yet to set informal summit date JAKARTA (JP): Foreign ministers yesterday discussed preparations for the ASEAN informal summit but have yet to come up with a fixed date. ASEAN Secretary-General Dato' Ajit Singh at the end of yesterday's meeting said that there needs to be more discussion before a definite date can be set. "The dates have not been fixed really. There are still some questions because they clash either with national days or birthdays or other things," he said.

Six more netted for robbery

Six more netted for robbery JAKARTA (JP): City police have arrested six more suspected robbers of bank customers. "They were arrested at their hiding place in Cisolok, West Java, on Thursday evening," spokesman Lt. Col. Iman Haryatna said over the weekend. Early last week, the police made a new record when they apprehended 23 suspects in robberies of bank customers in a week- long raid after weeks of investigation.

Street children ignored by education program

Street children ignored by education program JAKARTA (JP): Seven-year-old Heri roams the alleys of the Ramayana shopping complex in Jatinegara, East Jakarta, for scraps discarded by local restaurants. "What's important is that I eat," he said. "My parents? I don't remember them." Two years ago, Heri became the youngest member of a group of street children who sleep, work and earn their livings in Jatinegara. They survive by busking, shining shoes, carrying shopper's bags or by scavenging.

Buses damaged in student brawls

Buses damaged in student brawls JAKARTA (JP): The first student brawl in the just begun new school year took place yesterday when two groups of students of two senior technical high schools clashed on Jl. Salemba, Central Jakarta, Saturday. Some students were injured by stones they threw at each other. They also damaged the windshields of three public buses, but no passengers were injured.