Indonesian Political, Business & Finance News

Archive: 10 January 1997

53 articles found

Sending back illegal migrants

Sending back illegal migrants Sending home illegal migrants from a neighboring country can be sensitive but Malaysia and Indonesia have managed it smoothly. Recently Malaysia sent back more than 1,000 people on an Indonesian ship. Many factors helped, including the ASEAN spirit and cordial ties between the two. But to avoid misunderstanding, it is better that Malaysia is seen to exercise fairness by repatriating foreigners from other sources too.

439 Kemayoran families to move into apartments

439 Kemayoran families to move into apartments JAKARTA (JP): Four hundred and thirty-nine families in Kemayoran, Central Jakarta, are ready to move into new cheap apartments. The apartments are in the New Kemayoran Township, a State Secretariat project. Township authority head Hindro T. Soemardjan symbolically presented the keys Wednesday. A township official said 704 residential units and 178 business spaces on the ground floor were ready, but only 439 families were ready to move in.

Involve public in security, says Moetojib

Involve public in security, says Moetojib JAKARTA (JP): Public involvement is the most important step in preventing small problems from escalating into explosive unrests, as the reach of intelligence and security authorities is too small to encompass all potential troubles, a senior official says. Head of the State Intelligence Coordination Body Let. Gen.

39 products faced dumping claims last year

39 products faced dumping claims last year JAKARTA (JP): Several countries filed dumping claims on 39 of Indonesia's export commodities last year, says an official of the Indonesian Anti-Dumping Committee. Committee Chairman T.L. Yousuf said during 1996 Indonesia also accused a number of importing countries of the same offense. Yousuf said Wednesday the dumping claims on Indonesian products included those from the United States, for melamine products, and Australia, for A4-size photocopy paper.

Double track railway opens in West Java

Double track railway opens in West Java JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto yesterday opened a 32.4 kilometer double-track railway connecting Kadokan Gabus and Haurgeulis in West Java. The railway is part of a planned 105.74 kilometer double-track railway which, when completed in 1998, will connect Cikampek and Cirebon in West Java.

Local companies uninterseted in insuring satellites

Local companies uninterseted in insuring satellites JAKARTA (JP): Domestic insurance firms are not interested in dealing with satellite insurance because of a lack of regulations and local satellite launchings, the president of state-owned insurance firm PT Reasuransi Umum Indonesia said yesterday. Munir Sjamsoeddin told a seminar on satellite insurance here yesterday that local underwriters also had poor knowledge about satellite insurance.

Tanah Abang market shops closed after gang clash

Tanah Abang market shops closed after gang clash JAKARTA (JP): Thousands of shops and businesses were closed and traffic disrupted yesterday as a fierce clash between two gangs of hoodlums erupted in the Tanah Abang market area, Central Jakarta. The streets' usual people, pedestrians and vendors, fled as dozens of members of the two gangs threw rocks at each other about 9 a:m.

Business community to rebuild Tasikmalaya

Business community to rebuild Tasikmalaya TASIKMALAYA, West Java (JP): The country's business community, including banks, insurance companies and businessmen, has pledged to help rebuild the town's economy following the riot here last month. Banks have vowed to smoothen the process of securing loans for victims of the incident, a number of businessmen said here Wednesday in a meeting with West Java Governor R.

City Hall decrees Ramadhan work hours

City Hall decrees Ramadhan work hours JAKARTA (JP): Governor Surjadi Soedirdja issued a decree yesterday on working hours for city officials during Ramadhan. The decree, which excludes teachers and elementary school keepers, is effective today. Work hours are from 8 a.m. to 3 p.m. Monday to Friday. Normally, City Hall operates from 8 a.m. to 4:30 p.m. Monday to Thursday, and from 8 a.m. to 5 p.m. Friday.

Badminton players sweep KONI awards

Badminton players sweep KONI awards JAKARTA (JP): The Indonesian Sports Council (KONI) has presented Satya Karya Bhakti awards to four outstanding athletes in a ceremony to commemorate the council's anniversary. KONI chairman Wismoyo Arismunandar personally presented the awards Wednesday night to shuttlers Susi Susanti, Rexy Mainaky and Ricky Subagdja, and powerlifter Sutrisno.

Malaysian, Thai deported

Malaysian, Thai deported MEDAN, North Sumatra: The local immigration office has deported a Malaysian and a Thai for abusing their visas, head of the office Guntoro Hermanuadi told Antara Wednesday. Guntoro said his staff nabbed the Malaysian, identified as Johari bin Abu Samah, and the Thai, Athok, for overstaying. He said the province's immigration authorities were closely monitoring foreigners who stayed in Indonesia either as tourists or workers.

Border area development 'must involve locals'

Border area development 'must involve locals' JAKARTA (JP): Development in border areas must involve the residents there, Minister of Defense Edi Sudrajat said in Sanggau, West Kalimantan, yesterday. Edi said the employment of local people in projects in the areas by developers would encourage solidarity among the people and encourage them to feel responsible for the safety of the projects.

AIDS cases 'could reach one million'

AIDS cases 'could reach one million' JAKARTA (JP): The number of people contracting HIV/AIDS could reach one million by the year 2000 if people were "careless", a senior cabinet minister warned yesterday. State Minister of Population Haryono Suyono called on the people to not risk contracting the syndrome through promiscuity.

Babies get hypertension

Babies get hypertension MEDAN, North Sumatra: Pediatricians say even babies and children can suffer from hypertension. "Hypertension can be inherited from parents with the same problem and therefore must be effectively controlled early on to prevent it from happening in adult life," Dr. Rusdidias told Antara Wednesday.

Social insurance firms' investments total Rp 7.89t

Social insurance firms' investments total Rp 7.89t JAKARTA (JP): The country's five state-owned social insurance companies' investments totaled Rp 7.89 trillion (US$3.34 billion) in December last year, up 18 percent from Rp 6.67 trillion in December 1995, a Ministry of Finance official said yesterday. Director General for State Enterprises Bacelius Ruru said that nearly 50 percent of the total was invested in bank deposits.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday, Sunday, 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday, 7:15 p.m. to 411 p.m. - Ambassador Lounge: Pianist Sudarmadi, Monday through Saturday, 7:30 a.m to 9:30 a.m.; Boece & Ayu, Monday and Tuesday, 8 p.m.

$5.7b investment seen for MM 2100

$5.7b investment seen for MM 2100 JAKARTA (JP): Domestic and foreign investment in the MM 2100 Industrial Town in Cibitung, Bekasi, West Java, is expected to increase from $1.3 billion now to $2.8 billion in 1998 and $5.7 billion in 2003, a Japanese investor said yesterday. G.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 9, 1997: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,025 125 43,170,500 Alumindo Light Metal 1,400 0 1,726,000 Alumindo Perkasa 775 0 0 Andayani Megah 1,050 25 307,500 Aneka Kimia Raya 1,350 -25 258,000 Anwar Sierad 2,225 25 30,500 Aqua Golden Mississippi 4,100 0 0 Argha Karya Prima Industry 3,400 0 0 Argo Pantes...

Loss of trust a threat to security

Loss of trust a threat to security By Arief Budiman SALATIGA, Central Java (JP): Attorney General Singgih told a House hearing early last month that he would ask the Supreme Court to allow him to reopen and review any cases that might "endanger state security." He was referring, more specifically, to the case of labor leader Muchtar Pakpahan, who was cleared of all charges by the Supreme Court in September 1995. The Attorney General's Office later asked the Supreme Court to review the case.

City Council rejects privatization plans

City Council rejects privatization plans JAKARTA (JP): The City Council has rejected the municipality's plan for private firms to cooperate with the city-owned water company because the administration did not give enough details on the cooperation. The council said a lack of detail made it fear private company participation could affect city water prices, it was disclosed at a meeting Wednesday night. City Council deputy chairman H.M.

Successive riots: Why?

Successive riots: Why? The recent Tasikmalaya riots are regrettable, because the outburst seems rife with racist and sectarian motives. This is not the first time such an incident has occurred, and our national leaders are sad and confused. How could these tragedies happen in a Pancasila society which upholds the motto: "Unity in Diversity"? It has become obvious the riots were directed against Chinese and non-Moslems. Some sociologists believe social injustice and social disparity cause riots.

Illegal workers return home

Illegal workers return home SURABAYA, East Java: A total 956 illegal workers deported by the Malaysian government returned home yesterday, but their problems are not yet settled. Dressed in yellow T-shirt uniforms, the workers were sent off home by East Java Deputy Governor Soeprapto in an emotional ceremony. Most of them, 699 people, are natives of the province, while the others come from Central Java, West Nusa Tenggara and East Nusa Tenggara.

Shuttlers must not overreact: Official

Shuttlers must not overreact: Official JAKARTA (JP): National shuttlers should not blow their problems over their contracts out of proportion, a Badminton Association of Indonesia official said yesterday. Rudy Hartono, who is also a representative of the International Badminton Federation, told The Jakarta Post that the players and the association must have a give-and-take relationship. "The players should not just take from us but also give.

Bodies of fishermen found

Bodies of fishermen found JEMBER, East Java: The bodies of four fishermen from Jember, East Java lost during a tidal gale on the Indonesian Ocean at the end of December have been found decaying some 100 kilometers east in Banyuwangi. Chief of the Puger police office Sgt. Maj. Mudjidjajanto said Wednesday the bodies were believed to be of Nur Hasan, Supa'i, Samedi, 35, and Marsa'i. The remains of their boat Sulton Putra was found with the bodies.

Former PBSI official concerned over dispute

Former PBSI official concerned over dispute BANDUNG (JP): The conflict between the country's top shuttlers and the Badminton Association of Indonesia (PBSI) is a long- running dispute that is becoming more serious, according to an official. Toto Hanafiah, a former national player and PBSI official told The Jakarta Post yesterday that the cause of the conflict was the unpaid sponsorship deal and prize money and the details of new contracts with sponsors.

Five cement producers win export licenses

Five cement producers win export licenses JAKARTA (JP): The government has licensed five local cement producers to export in the first quarter of this year, a Ministry of Trade official says. The director general of metal, machinery and chemical industries, Effendi Sudarsono, said Wednesday that they were allowed to export because there would be an oversupply of about two million tons of cement this year.

APCN starts operating

APCN starts operating SINGAPORE (AFP): The Asia-Pacific region's largest single optical fiber network began operating yesterday, speeding up telecommunications traffic across the region. The 11,840-kilometer (7,350-mile) Asia-Pacific Cable Network (APCN), a project costing US$580 million, involves 51 international telecommunications networks.

Oil fuel subsidy to reach Rp 2t, Pertamina says

Oil fuel subsidy to reach Rp 2t, Pertamina says JAKARTA (JP): The government will spend Rp 2 trillion (US$847 million) subsidizing domestic oil fuels this fiscal year owing to the increase in international crude oil prices, state-owned oil company Pertamina said yesterday. Company finance director Soegianto said the average crude oil price on the international market reached $19.15 a barrel in the first semester (April-September) of the 1996/1997 fiscal year.

Book fair organizers criticized

Book fair organizers criticized JAKARTA (JP): Publishers have criticized the discount policy and security at the annual book fair which the Indonesian Book Publishers' Association sponsors. On Wednesday, publishers speaking at the preparation meeting for the 1997 Jakarta Book Fair lashed out at the organizing committee saying it had failed to make a clear policy on price discounts on exhibited books and take necessary steps to deter people from stealing books.

Unrest shows society is 'sick', minister says

Unrest shows society is 'sick', minister says JAKARTA (JP): The riots and rampages that have jolted the country these past months are symptoms of a sick society, Minister of Transmigration Siswono Yudohusodo said yesterday. "(Government) officials and the people are 'sick' because of lowered rationality and heightened emotional state. Unless we cure their sickness, the nation will disintegrate," Siswono was quoted by Antara as saying.

Inti, Alcatel to set up fiber optics company

Inti, Alcatel to set up fiber optics company JAKARTA (JP): The state-owned telecommunications equipment producer PT Inti has signed an agreement with French telecommunications giant Alcatel to establish a joint venture fiber optics company. Inti director Jopie Manduapessy said Wednesday the new company would be 70 percent owned by Alcatel and 30 percent by Inti. Inti and Alcatel signed the joint venture agreement in Bandung, West Java, on Jan. 7.

Megawati told to be patient and tactical

Megawati told to be patient and tactical JAKARTA (JP): Political observers said yesterday Megawati Soekarnoputri, having no chance of retaining her Indonesian Democratic Party (PDI) top slot, should make peace with her ouster Soerjadi. They argued that Megawati and Soerjadi should call a truce, for at least a year, and work together to improve PDI's likely showing in this year's general election.

Coal gasification

Coal gasification It is well known Indonesia's reserves of crude oil are being steadily depleted, to the extent that by 2010, if not sooner, Indonesia will become a net importer of oil. This will in turn have an adverse effect on the country's foreign exchange reserves. What are perhaps less widely known are Indonesia's colossal resources of coal -- 325 billion tons of the stuff, I believe.

Student basketball league to start

Student basketball league to start JAKARTA (JP): The Indonesian Basketball Association and the Ministry of Education and Culture are to stage an NCAA-like Students' Basketball League in Surabaya this March. Promoter Ary Sudarsono said yesterday 16 universities from 10 regional student sports organizations will participate in the pre-league. All players must be under 25 years old and not be members of the national team or the professional Kobatama basketball league teams.

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Animated Classic 3:05 Teenagers' Program: Remaja Indonesia 3:30 TV Series: Emergency Call 4:05 Comedy: Situasi 4:30 Student's Quiz: Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Entrepreneurship Program: Kewirausahaan 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country: West Java 6:15 Village Program 6:30 English News Service 7:00 Evening News 7:25 Filler 7:30 Creative Program: Karya Nyata 8:05 Travel: Permata...

Tangerang faces water shortage

Tangerang faces water shortage JAKARTA (JP): Tangerang, an industrial town 26 km west of Jakarta, will face an acute shortage of clean water soon because the Cisadane river, which passes through the area, can no longer supply the area, a researcher said Wednesday. Arryanto Sagian, a Ministry of Industry and Trade research official, told Antara the river could not provide enough water.

Where to go in Bali:

Where to go in Bali: Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Poolside - Pasar Senggol, daily, 6.30 p.m. Kecak Dance, Friday and Tuesday, Legong Dance, Saturday and Wednesday, 7 p.m. Arjuna Wiwaha Dance, Sunday, 7 p.m. Balinese dance parade - Rejang dance, Puspawresti Dance, Belibis Dance & Jaran Teji Dance, Monday, 7 p.m. * Nusa Dua Beach Hotel: Budaya Open Stage - Ramayana ballet, Monday, 7.30 p.m.

Hashimoto pledges support

Hashimoto pledges support JAKARTA (JP): Visiting Japanese Prime Minister Ryutaro Hashimoto yesterday pledged his country's continued support for development in Indonesia. Speaking at a banquet held by Indonesia's President Soeharto yesterday evening, Hashimoto praised the fast pace of development here and affirmed Japan's continued support. "I hereby assure you that we intend to do everything we can to help Indonesia pursue the kind of development you regard as the most appropriate," he said.

Fire destroys warehouses

Fire destroys warehouses JAKARTA (JP): A fire gutted three warehouses and a factory at Pulogadung Industrial Estate, Cakung, East Jakarta. The factory was unoccupied at the time so no one was hurt. City Police Spokesman Maj. Nyoman Suriasta said the fire, which began 11:30 p.m. Wednesday, started in PT Imarindo's jelly factory. "The losses have yet to be calculated. The fire was probably caused by a short circuit in the factory," Nyoman said.

Condescension towards teachers

Condescension towards teachers From Kompas At the awards ceremony of the Indonesian Sinetron (television films) Festival on Dec. 19, master of ceremonies Dono, of the Warkop group, took a condescending attitude towards the teaching profession when introducing Adi and Iyut Bing Slamet. Dono said they had initially wanted to become teachers but instead became artists because their income is far higher in comparison with teachers' pay.

Government urged to solve Busang gold conflict soon

Government urged to solve Busang gold conflict soon JAKARTA (JP): The government should quickly solve the conflict between Bre-X Minerals and Barrick Gold Corp. of Canada over the potentially huge Busang gold mine in East Kalimantan to maintain foreign investor confidence, analysts said yesterday.

Ramadhan fasting month begins

Ramadhan fasting month begins JAKARTA (JP): Millions of Indonesian Moslems begin fasting today. Minister of Religious Affairs Tarmizi Taher announced in a televised speech last night that the first day of the Ramadhan Moslem fasting month, 1417 Hijr year, coincides with Friday, Jan. 10, 1997. "This is the month when Moslems should purify themselves, get closer to the Beneficent, and cleanse themselves.

Prosecution witnesses vindicate defendants

Prosecution witnesses vindicate defendants JAKARTA (JP): Prosecution witnesses in the subversion trials against labor leader Muchtar Pakpahan and nine activists of the Democratic People's Party gave favorable testimonies yesterday.

Ticket scalpers at Pulogadung

Ticket scalpers at Pulogadung From Neraca On the evening of Dec. 31, 1996 my friends and I were on our way to spend the holidays in Kuningan, West Java. We went to the Pulogadung bus terminal. We bought tickets at the counter as usual, but, when we took up our places in the bus, we were surprised by a group of people who hastily clambered aboard. It appeared they were the terminal's daily scalpers.

Ramadhan time for Jakarta

Ramadhan time for Jakarta Friday Maghrib 6.20 p.m. Saturday Imsak 4:25 a.m. Subuh 4.35 a.m.

Where to go in Bandung:

Where to go in Bandung: Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.; Andi (Piano), Friday and Sunday, 5:30 p.m. to 8 p.m.; Imelda (Piano), Friday, 8:30 p.m. to 11 p.m.; Juli (Piano), 5 p.m. to 10:30 p.m. * International Imperium Hotel: Jl. Dr. Rum No.

Military, students hold dialog

Military, students hold dialog JAKARTA (JP): A dialog between the military and students was held at City Military Chief. Maj. Gen. Sutiyoso's residence on Jl. Teuku Umar, Central Jakarta, Wednesday. Lt. Col. Didi Supandi, the City Military Command spokesman, said yesterday both parties considered the dialog useful. The students, represented by student councils from most private and state tertiary institutions, told Sutiyoso what they thought Jakarta's "irregularities" were.

New bank liquidation rule puts depositors second

New bank liquidation rule puts depositors second JAKARTA (JP): Depositors will only be paid after preferred creditors whenever a bank is liquidated, Bank Indonesia said yesterday. Heru Soepraptomo, a director at the central bank, told a seminar that the new ruling on bank liquidation did not nullify any existing rulings. "Preferred creditors would still have preferential rights over depositors whenever a bank is liquidated," Heru said.

Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m.; Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m.; Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.; Abouwhim Band, Thursday, 10:30 p.m. to 12:30 a.m.; Hazztoria Band, Friday, 10:30 p.m. to 12:30 a.m. * Majapahit Hotel: Jl. Tunjungan 65: - Palm Bar: La Costa Band, daily, 6 p.m. to 10 p.m.

Govt to adopt DCS-1800 and PHS cellular systems

Govt to adopt DCS-1800 and PHS cellular systems JAKARTA (JP): The government has decided to adopt the Digital Cordless System (DCS-1800) and the Personal Handy-phone Service (PHS) in Indonesia following successful trials here and in Surabaya, East Java. Director General of Post and Telecommunications Djakaria Purawidjaja said Wednesday evening that the pilot projects won the esteem late last year of a special team evaluating the systems.

Alter floats shares on JSX

Alter floats shares on JSX JAKARTA (JP): Kaolin producer PT Alter Abadi made its stock market debut yesterday when all its shares were listed on the Jakarta Stock Exchange. The exchange stated yesterday that Alter Abadi's shares, with a face value of Rp 500 each, were sold for Rp 900 each in an initial public offering (IPO) last month. The company raised Rp 358.4 billion (US$150 million) from the sale of 12.7 percent of its shares in the IPO, underwritten by PT Makindo.

Wall-Mart Pluit opens

Wall-Mart Pluit opens JAKARTA (JP): U.S. retail chain Wal-Mart opened a four-story supercenter in North Jakarta's Megamal Pluit yesterday. The store is managed by PT Multipolar Corporation, a Lippo Group subsidiary, which has a franchise agreement with Wal-Mart. PT Multipolar Corporation president director Winardi Setiaputra said he was proud of the success of the first Wal-Mart supercenter, which opened last August in the Lippo Supermal, Karawaci.

Vatican memo has no legal meaning: Observers

Vatican memo has no legal meaning: Observers JAKARTA (JP): The Vatican memo referring to East Timor as the 27th Indonesian province sparked a controversy among political observers and legal experts here yesterday. Some said the memo meant nothing legally and politically while others believed it would let Indonesia score political points over Portugal in diplomacy on the East Timor issue. They suggested that it is yet to be checked with Vatican if the note really existed.