Indonesian Political, Business & Finance News

Archive: 8 January 1997

65 articles found

RI to enjoy fruit of investment

RI to enjoy fruit of investment By Suhadi Mangkusuwondo JAKARTA (JP): The growth of Indonesia's Gross Domestic Product is greatly influenced by two factors: climatic conditions and government policies. Increased rainfall due to climatic change is a major influence, as the agricultural sector's contribution still makes up a considerable part in development of domestic product. This is clearly shown in 1995 growth, which rose above expectations to 8.1 percent.

Capriati confirms her comeback by beating Rubin

Capriati confirms her comeback by beating Rubin SYDNEY (AFP): American Jennifer Capriati gave her tennis rehabilitation further authenticity with a fighting three-sets victory over compatriot Chanda Rubin at the Sydney International tournament yesterday. Mary Pierce's tournament ended after losing 6-4, 6-4 to Indonesia's Yayuk Basuki in a second round match and eighth- seeded Amanda Coetzer of South Africa bombed out to American Mary Joe Fernandez, 6-1, 3-6, 6-2.

Open tenders

Open tenders Your paper often publishes advertisements by PT Total Indonesie openly inviting bidders to take part in a tender. I think this way of announcing a tender is laudable. It is a foreign company and it abides by the democratic way of doing business in Indonesia. I would like to call on everyone of us to engage in healthy competition. I don't believe in the perception that competition kills weaker entrepreneurs.

The law and human rights

The law and human rights From Media Indonesia With reference to Indonesia's media which -- in a bid to evaluate the law and human rights matters -- ran several analyses of NGOs and representatives of the people. It appears that these writings reflect a deep concern for some cases in 1996. Recent incidents have given the public an inkling of the complexity of some of the cases, while certain cases were not even satisfactorily settled.

New chicken chain a welcome surprise

New chicken chain a welcome surprise By John Aglionby JAKARTA (JP): Indonesia's insatiable appetite for fast food shows no sign of being satisfied. Outlets selling fast burgers, fast chicken, fast soup, fast ice cream and fast anything else you'd care to mention seem to be springing up quicker than you can say: "Chicken and chips with a large coke." The latest speedy-service center of foreign gastronomic sameness to open claims to offer a new dimension in poultry preparation.

Food labeling system prone to manipulation

Food labeling system prone to manipulation SURABAYA (JP): The government's plan to appoint a private company to issue halal (permitted in Islam) and non-halal labels on food, beverages, medicine and cosmetic products has baffled many. Among them is Dr. Tri Susanto, a food technology professor, whose 1988 survey on halal food created a national uproar after his findings showed that many food products were non-halal.

Udin declared Hero of Indonesian Journalism

Udin declared Hero of Indonesian Journalism YOGYAKARTA (JP): A non-governmental organization named slain journalist Fuad Muhammad Syafruddin the Hero of the Indonesian Journalism Monday, for his commitment to unveiling truth through investigative reporting. Calling themselves Masyarakat Indonesian Anti-kekerasan (Indonesian Society Against Violence), the group conferred the honor in a ceremony at the journalist's parents' house.

Education for the deaf

Education for the deaf From Kompas For the past few years I have been monitoring vocational education programs for deaf children, mainly because I teach at a school for the deaf. Their education cannot be ignored because they must have skills to support themselves after leaving school. For this reason I have included sewing in our curriculum and have modified my class to suit their special needs.

Body found in swamp

Body found in swamp JAKARTA (JP): Police believe a decomposed lower body found by a cleaner in Tangerang, 26 km west of Jakarta, Sunday morning, was a local resident who had been missing for three months. Jakarta Police Chief Maj. Gen. Hamani Nata said on Monday the body had been identified as Mohammad Nur, aged 35, a construction worker from Jatiuwung subdistrict.

Johnson bears no grudge against Indonesian govt

Johnson bears no grudge against Indonesian govt JAKARTA (JP): NBA living legend Earvin "Magic" Johnson said on his arrival here yesterday that he bore no grudge against the Indonesian government. "No it wasn't hard feelings. They told me how many fans really wanted me here, that really wanted to see me play. That's the reason why I'm here now," said Johnson, a former member of the LA Lakers.

Corn production expected to rise to 9.2m tons

Corn production expected to rise to 9.2m tons JAKARTA (JP): Domestic corn production is projected to increase to 9.2 million tons this year, up from around 8.9 million tons last year. Minister of Agriculture Sjarifudin Baharsjah said Monday the area of hybrid corn crops would more than double to 1.2 million hectares from about 500,000 hectares at present because of the government's program to raise corn production.

Timber supply shortage may threatens forests, says NGO

Timber supply shortage may threatens forests, says NGO JAKARTA (JP): This year's expected timber supply shortage will further threaten domestic forestry sustainability, according to a non-governmental organization. The Indonesian Network for Forest Conservation (SKEPHI) said yesterday that the shortage would further encourage timber theft and illegal logging.

Satelindo plans to spend $296m on expansion

Satelindo plans to spend $296m on expansion JAKARTA (JP): Private telecommunications operator PT Satelindo plans to invest Rp 900 billion (about US$296.5 million) this year mainly to expand its global system for mobile communication (GSM) mobile cellular and satellite services. Company president Iwa Sewaka told reporters at his office yesterday that, out of its planned total investment, Satelindo would allocate Rp 700 billion to expand its cellular service.

Transmigration policy for Irian under attack

Transmigration policy for Irian under attack JAKARTA (JP): The transmigration minister and an environmentalist were up in arms yesterday over the government's resettlement policy in Irian Jaya. Minister Siswono Yudohusodo insisted that the sparsely populated Irian Jaya needed more settlers from Java to speed up development there. But Emmy Hafild, chief of the Indonesian Forum for Environment (Walhi), argued that the influx of resettlers would only threaten the less educated Irian natives.

KL taxi drivers told to behave

KL taxi drivers told to behave By Reme Ahmad KUALA LUMPUR (Reuter): Long the scourge of the hapless commuter, taxi drivers in Kuala Lumpur are being served notice by the government and the public to clean up their act. Accusations of taxi drivers overcharging, intimidating and bypassing local and foreign passengers have filled the pages of local newspapers in recent weeks, led by the New Straits Times, a pro-government daily.

RP peace talks open after bomb blast

RP peace talks open after bomb blast SULTAN KUDARAT, Philippines (Reuter): A government panel and breakaway Islamic rebels opened preliminary talks yesterday on ending bloodshed in the southern Philippines, hours after extremists bombed a cinema, wounding at least 14 people. Retired army Gen. Fortunato Abat and chief rebel negotiator Moner Bajunaid embraced each other in a heavily-guarded building to start the talks between the Manila government and the Moro Islamic Liberation Front (MILF).

City needs more parks

City needs more parks JAKARTA (JP): Only five percent of Jakartans live in apartments, hindering attempts to provide more green areas for a better environment, Governor Surjadi Soedirdja said Monday. He made the statement after a private firm, PT Berkah Bangsal Kencono, symbolically donated 9,000 trees to the city's replanting program. Surjadi cited Singapore, where 95 percent of its population live in apartments, as a model city.

77,000 families resettled

77,000 families resettled BANDAR LAMPUNG, Lampung: Over the past decade, the province has resettled over 77,000 farmers who had occupied protected forests, a local senior official said yesterday. Chief of the provincial office of transmigration Jogjapratono said the farmers were moved from the Mt. Balak, Wonosobo, Padang Cermin and Pulo Panggung forests. He said the provincial government had a problem because it did not have enough land to resettle all the forest squatters.

'9,600 tons of beef needed for Ramadhan'

'9,600 tons of beef needed for Ramadhan' JAKARTA (JP): The City Husbandry Agency has predicted Jakarta will need more than 9,625 tons of fresh meat, or at least 44,450 head of cattle, for the fasting month of Ramadhan and Idul Fitri festivities. The agency head, Sumitro, said yesterday the supply of meat had been made available from Dec. 25 to Feb. 15.

EXIM backs Indian project

EXIM backs Indian project WASHINGTON (AFP): The U.S. Export-Import Bank has approved a 19 million-dollar loan guarantee to support the sale of generators for a "clean coal" power plant in India, the bank announced here Monday. The gas and steam turbine generators will be supplied by General Electric Company for a 60-megawatt plant in the western Indian state of Gujarat.

Tasikmalaya riot

Tasikmalaya riot From Suara Karya The recent Tasikmalaya riot has cause great concern. A small matter which should have been settled amicably turned into a tragedy that inflicted huge material losses. Imagine, a number of shops and factories were damaged, leaving hundreds of workers laid off. These workers are ordinary people who need their jobs to live. Who is held responsible for the incident? The angry masses, or the police? I have a nagging question.

Haryanto seeded 3rd in Taipei Open

Haryanto seeded 3rd in Taipei Open JAKARTA (JP): Former national number one shuttler Haryanto Arby is seeded third in the Chinese Taipei Open, the opening Grand Prix of the year, despite carrying an injury. An International Badminton Federation release stated that Haryanto, nicknamed Hari, received a bye in the opening round and will face Malaysia's Ng Kean Kok in the second round of the tournament scheduled for Jan. 7 to Jan. 12.

Thai assembly goes for reform

Thai assembly goes for reform BANGKOK (AFP): The former speaker of Thailand's house of representatives was yesterday elected chairman of an assembly charged with drawing up a new constitution for the country. Uthai Pimchaichon, 58, a veteran politician, was elected in a second round of voting to be chairman of the Constitution Drafting Assembly, beating out former prime minister Anand Panyarachun for the post.

ASEAN airlines urged to cooperate

ASEAN airlines urged to cooperate KUALA LUMPUR (AFP): Malaysian Airlines Systems Bhd (MAS) executive chairman Tajudin Ramli yesterday called for closer cooperation among ASEAN national carriers to fully tap the region's tourism industry. Tajudin said the "limited open sky" policy practiced in the Southeast Asian region had hindered the development of air transport, particularly to new destinations within the grouping.

Poor definition allows violations against women

Poor definition allows violations against women JAKARTA (JP): Violations against women will continue until campaigners abandon their patriarchal interpretations of human rights which disregard women's rights. Rights activists said at a seminar yesterday the lack of a clear definition of human rights created loopholes for "the patriarchs" to implement concepts which benefit their own interests.

Two hurt in clash over cable installation

Two hurt in clash over cable installation JAKARTA (JP): Another two local residents were seriously injured during another clash between police officers and protesters of an installation of high-voltage electric cables yesterday. The clash which started at 5 a.m. in two villages broke out as police officers flattened tents erected by villagers of Ciseeng and Cibentang around a newly erected high-voltage electric tower in an effort to block the plan.

Well-educated but unemployed

Well-educated but unemployed MATARAM, West Nusa Tenggara: About 6,000 university graduates are unemployed, according to the local manpower office. Moch. Chodjin said the local job market could absorb only seven percent of college graduates every year. Many educated job seekers were not interested in a profession but wanted to become civil servants, he said. Few have entrepreneurial spirits. He proposed universities include entrepreneurship in their curriculum, Antara reported. (03)

Endorsement of PDI candidates protested

Endorsement of PDI candidates protested JAKARTA (JP): Hundreds of supporters of the overthrown leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri demonstrated outside the General Election Institute yesterday protesting the endorsement of a list of legislature candidates submitted by government-backed leader Soerjadi. "The institute has unlawfully endorsed Soerjadi's list of candidates," said Roy B.B. Janis who led the demonstration.

Satellite insurance seminar

Satellite insurance seminar JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo), a private telecommunications operator, will hold a satellite insurance seminar tomorrow to encourage the country's insurance industry to move into satellite insurance. Satelindo President Iwa Sewaka said yesterday that even now the domestic satellite insurance industry was dependent on the international satellite insurance market.

Subway project to start April if decree issued

Subway project to start April if decree issued JAKARTA (JP): Construction of the Mass Rapid Transit (MRT) project would start in April although the presidential decree for the project was yet to be issued, TB. M. Rais, the vice governor of Economic and Development Affairs said yesterday. Although the construction cannot start without the central government authorization, Rais expressed optimism that the construction would start soon.

Poaching rife in SE Sulawesi

Poaching rife in SE Sulawesi KENDARI, Southeast Sulawesi: Angered by reports about the poaching of endangered animals, Governor La Ode Kaimoeddin has ordered strict control over private guns. Kaimoeddin specifically asked the local chapter of the Indonesian Target Shooting Association to tighten supervision of its members.

1997/98 budget too conservative, says economist

1997/98 budget too conservative, says economist JAKARTA (JP): The revenue target in the draft 1997/1998 state budget is too conservative because the government has many ways to increase its revenue, a noted economist said yesterday.

Combating poverty

Combating poverty From Pikiran Rakyat I agree with Atang Ruswita (Pikiran Rakyat, Dec. 13, 1996) that poverty should be eradicated and that mosques should be the centers for combating poverty, ignorance, backwardness and lust. But which should we eradicate first? Poverty and ignorance are related, and one could say that ignorance leads to poverty, or the other way around. As for ignorance, I prefer the term backwardness.

RP asks leniency for jailed Filipinos

RP asks leniency for jailed Filipinos DUBAI (Reuter): The Philippines has appealed to Saudi Arabia for clemency in the cases of 193 Filipino workers jailed in the kingdom, the Philippines ambassador in Riyadh said yesterday. Ambassador Romulo Espaldon said the appeal came in a letter from Philippines Vice-President Joseph Estrada to Saudi Crown Prince Abdullah, which he delivered on Sunday.

200 vehicles fail emission tests

200 vehicles fail emission tests JAKARTA (JP): Two hundred of 300 vehicles failed an emission test at a temporary testing station set up on Jl. Kebon Sirih, Central Jakarta yesterday. Aboejoewono, head of the city's environmental bureau, said owners of the vehicles were advised to visit their service stations. Yesterday's tests also found several vehicles aged 10 to 16 years obtained green stickers, while a number of newer makes failed.

Sutiyoso takes hard line on errant subordinates

Sutiyoso takes hard line on errant subordinates JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sutiyoso vowed yesterday to take stern action against errant military personnel caught working for entertainment centers. He said he would have such insubordinate members arrested because he had given plenty of warnings in the past.

Sports council seeks cooperation

Sports council seeks cooperation JAKARTA (JP): The chairman of the Indonesian Sports Council has called on four sports organizations to share their experience of success with other organizations. Council spokesman Ishadi said after the council's meeting Monday that the four sports organizations have created athletes of international reputation. The four organizations are badminton, chess, rowing and bridge. (lnt)

Hashimoto won't bring up national car complaint

Hashimoto won't bring up national car complaint JAKARTA (JP): Despite lodging an international complaint over Indonesia's national car project, Japan's envoy to Jakarta yesterday said Prime Minister Ryutaro Hashimoto would not bring up the issue in Friday's meeting with President Soeharto. Japanese Ambassador Taizo Watanabe claimed Tokyo was not planning to include it on the agenda of the bilateral talks.

Singapore Airlines faces squeeze

Singapore Airlines faces squeeze SINGAPORE (AFP): Singapore Airlines Ltd. (SIA) is facing a financial squeeze from rising costs and intensifying competition but can still make S$1 billion (US$700 million) in profits a year, a top official said. Deputy Chairman Cheong Choong Kong said in an in-house company publication made available to news agencies yesterday that SIA would further cut costs and explore new business areas, including investments in new airlines overseas.

Soeharto inaugurates cooperative diary farm

Soeharto inaugurates cooperative diary farm JAKARTA (JP): President Soeharto inaugurated yesterday a cooperative dairy farm in Bogor, some 50 kilometers south of here. He said the dairy farm complex would make it easier to monitor the quality of local farmers' dairy products because the farmers had been scattered over 21 sub-districts. All their cows are now at the complex.

Harsh penalties for footballers

Harsh penalties for footballers JAKARTA (JP): Local footballers who refuse to join the national team for this year's SEA Games will be given harsh punishments, secretary of the All-Indonesian Football Federation said. Nugraha Besoes said after attending a special SEA Games meeting on Monday that one of the punishments will be that the footballers will not be allowed to participate in the Indonesian League competitions.

Six drowned in E. Nusa Tenggara

Six drowned in E. Nusa Tenggara KUPANG, East Nusa Tenggara: Typoon Phil claimed at least six lives in East Nusa Tenggara as it swept through eastern Indonesia in late December, an official said yesterday. The victims drowned in floods in the typoon that damaged many houses and food crops in the province, said Jack Weri Wanda, chief of the East Nusa Tenggara office of social services. Three bodies were found in Kupang, two in Manggarai and one in Sikka, Wanda said.

IT products may boost efficiency of banks: Experts

IT products may boost efficiency of banks: Experts JAKARTA (JP): The application of information technology in the banking industry will help improve the banking system's efficiency, experts said yesterday. Aswin Wirjadi, the head of the information technology division at Bank Central Asia (BCA), said that pursuing information technology was irresistible for banks with more than 100,000 customers.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 7, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,000 0 1,500 AHAP Insurance 2,675 0 0 Alumindo Light Metal 1,450 0 5,119,500 Alumindo Perkasa 750 0 0 Andayani Megah 1,050 0 45,500 Aneka Kimia Raya 1,400 25 152,000 Anwar Sierad 2,150 -175 22,000 Aqua Golden Mississippi 4,125 0 0 Argha Karya Prima Industry 3,400 0 67,500 Argo Pantes 1,625 0 0 Asahimas...

RI cyclists eye 10 SEAG golds

RI cyclists eye 10 SEAG golds JAKARTA (JP): Indonesia is targeting eight to 10 of the 16 gold medals on offer in this year's SEA Games (SEAG) cycling here, an official from the Indonesian Cycling Association said. Soedijanto, the association's technical director said Monday, that in order to achieve this goal, the association is training 51 cyclists, including 10 women. "Three cities have been chosen as training centers for the cyclists, Subang in West Java, Malang (East Java) and Yogyakarta.

Sarwata's 5-point plan gets mixed reaction

Sarwata's 5-point plan gets mixed reaction By Sugianto Tandra JAKARTA (JP): Legal experts gave mixed reviews over Chief Justice Sarwata's five-point plan to improve the Supreme Court's image, but all agreed such a task would be an uphill battle. Harkristuti Harkrisnowo, a lecturer at the University of Indonesia, challenged Sarwata to act on his words, saying he should prove his intention to improve Supreme Court justices' discipline was not mere lip service.

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.

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program: Gita Wicara 3:30 TV Series: Perfect Strangers 4:00 News: Lintasan Berita 4:05 TV Drama: Diantara Kita 4:30 Documentary Film 4:55 Filler and Trailer 5:00 Evening News 5:25 Travel: My Country 5:30 Indonesian Lessons 6:05 Nusantara My Beloved Country 6:15 Village Program 6:30 English News Service 7:00 Evening News 7:25 Filler and Trailer 7:30 TV Series: Island Wild Life 8:00 News: Lintasan Berita 8:05...

KL plans $2b oil pipeline

KL plans $2b oil pipeline TOKYO (AFP): Companies from Japan, Malaysia, Singapore and Thailand will set up a consortium in April to build an oil pipeline across the Malaysian peninsula at a cost of US$2 billion, officials said yesterday. The decision to set up the consortium, led by Japanese plant engineer Chiyoda Corp. and Malaysian developer East West Bridge, followed a series of feasibility studies, Chiyoda officials said. Other participants include Japanese trading houses Mitsui and Co. Ltd.

PT Kiani Kertas to begin pulp production soon

PT Kiani Kertas to begin pulp production soon JAKARTA (JP): The new pulp firm PT Kiani Kertas, a subsidiary of the Kalimanis Group owned by Indonesia's timber baron Mohammad 'Bob' Hasan, expects to start making pulp in April. Company president Machnan R. Kamaluddin said yesterday that the new plant would initially produce about 500,000 tons of pulp a year. "Construction of the company's pulp plant is expected to be completed by March this year," he told The Jakarta Post.

Kelantan to remain backward: Mahathir

Kelantan to remain backward: Mahathir KUALA LUMPUR (AFP): Malaysian Premier Mahathir Mohamad, smarting from his National Front's defeat in a by-election in Kelantan state, said yesterday the state would remain backward as it had chosen the opposition. Mahathir's National Front coalition was narrowly defeated by the opposition fundamentalist Parti Islam (PAS) in Monday's by- election in Pulai Chondong in Kelantan. The northeastern state is the country's only state ruled by the opposition.

Spotlight

Spotlight Spotlight A: Slides JP/byi ILLUMINATIONS: Adila Suwarmo (left), chairperson of Lontar Foundation, presents a series of slides and a book titled Illuminations to Mastini Hardjoprakoso, head of the National Library, at the library.

Govt criticized for not involving MUI in 'halal' labeling plan

Govt criticized for not involving MUI in 'halal' labeling plan By Sri Wahyuni JAKARTA (JP): The government is expected to announce a decree on food product labeling this month but it is deplorable that such a long-awaited decree is likely to be issued without the involvement of the Indonesian Ulemas Council (MUI). The draft of the decree has been submitted to the State Secretariat Office, but the council's delegate had walked out during a brainstorming session with the deliberation team.

Humanizing Jakarta

Humanizing Jakarta From Republika In mid-December I took a city bus from Blok M to Kuningan. When we reached the Kanindo Plaza bus shelter on Jl. Gatot Subroto, our driver got out of the bus and relieved himself on the bumper. Such a scene is common in Jakarta. But I cannot blame the drivers, who in the daily hustle and bustle of transporting urban travelers are neither given the time nor place to take care of private business.

Semen Gresik raises output

Semen Gresik raises output JAKARTA (JP): Publicly listed PT Semen Gresik's cement production rose 13.8 percent to 9.4 million tons last year from 8.2 million tons in 1995. The cement producer stated yesterday that its output also included that of PT Semen Padang of West Sumatra and PT Semen Tonasa of South Sulawesi. Both were state enterprises before being acquired by the majority state-owned Semen Gresik in August 1995.

Firm line up for futures bourse

Firm line up for futures bourse JAKARTA (JP): The futures commodity exchange, which is expected to open here early next year, will involve about 25 brokerage companies, a senior trade official said yesterday. The chairman of the Commodity Executive Board, Arifin Lumban Gaol, said the brokerage companies would handle all transactions on the exchange. "The brokers will carry out trading on behalf of both traders and producers," he told a seminar in Medan on futures trading.

'1997 a tough year for RI diplomacy'

'1997 a tough year for RI diplomacy' JAKARTA (JP): Indonesian Foreign Minister Ali Alatas predicts 1997 will be a tough year for Indonesian diplomacy with Nobel laureate Ramos Horta continuing to dredge up the East Timor issue and "Indonesia-bashing" becoming a popular sport among non- governmental groups. At an annual foreign policy review with foreign and local journalists, Alatas yesterday said exaggerated reports had purposely been made lately to embarrass Indonesia.

Singapore's Tang seeks refuge in KL

Singapore's Tang seeks refuge in KL KUALA LUMPUR (AFP): A Singapore opposition figure reported to have sought temporary refuge in Malaysia amid fears for his safety is free to stay in the country, Malaysian Prime Minister Mahathir Mohamad said yesterday. "We cannot detain him.

Score card for the 1997/1998 budget

Score card for the 1997/1998 budget By Mari Pangestu President Soeharto on Monday proposed increasing the state budget 11.6 percent for the 1997/1998 fiscal year at the House of Representatives. Economist Mari Pangestu from the Centre for Strategic and International Studies analyzes the proposed budget. JAKARTA (JP): The 1997/1998 budget represents business as usual given its similarity with the last few budgets. First is the relatively low real increase.

Mastermind behind riots almost caught, says Gen. Feisal

Mastermind behind riots almost caught, says Gen. Feisal JAKARTA (JP): The authorities have almost collected enough evidence to arrest the alleged mastermind behind the recent riots that shook East and West Java, Armed Forces Chief Gen. Feisal Tanjung said in Yogyakarta yesterday. Feisal claimed the authorities had identified the culprit but needed more proof to arrest him or her.

RI and Malaysia ratify rubber pact to end long dispute

RI and Malaysia ratify rubber pact to end long dispute KUALA LUMPUR (AFP): Indonesia and Malaysia have ratified a new rubber pact to signal the end of a year-long dispute over who should lead an international rubber producer-consumer group, officials said Monday. Malaysia ratified the third International Natural Rubber Agreement (INRA III) on Dec. 24, followed by Indonesia on Dec. 27, said James Hegarty, the buffer stock manager of the International Natural Rubber Organization (INRO).

Our external balance

Our external balance Pressures on the balance of payments remain a major challenge to sustainable economic growth in Indonesia. According to official projections for fiscal 1997/1998 year, the balance of non-oil trade will, for the third consecutive time, end up with a deficit. Even if the overall trade balance -- including oil and natural gas -- will produce a surplus of US$5.4 billion, it will not give the government any more leeway to manage the balance of payments.

State-owned Inhutani I posts $13.86m in pretax profits

State-owned Inhutani I posts $13.86m in pretax profits JAKARTA (JP): State-owned forestry firm PT Inhutani I reaped a pretax profit of Rp 31.88 billion (US$13.86 million) last year, more than double its pretax profit for 1995, company president Abdoel Fattah said yesterday. Fattah said Inhutani I's 1996 pretax profit had exceeded the company's budget target by 148 percent, and was 104 percent higher than the its pretax profit for 1995.

500,000 homeless as Jakarta faces housing needs

500,000 homeless as Jakarta faces housing needs JAKARTA (JP): The capital has a hard time meeting housing needs with around 500,000 homeless people, a housing agency official said. The main problem was not only anticipating higher population growth, but also meeting the needs of the thousands of families evicted to make way for government or private projects, Nusmardi head of the housing agency's development control said Monday.

ASEAN officials discuss plans to promote tourism

ASEAN officials discuss plans to promote tourism KUALA LUMPUR (DPA): Southeast Asian tourism ministers and senior officials met early this week to discuss how to boost regional tourism through moves such as creating a special immigration lane for visitors and increasing direct air links with one another.