Indonesian Political, Business & Finance News

Archive: 9 January 1997

57 articles found

New flyovers to ease Tanah Abang traffic

New flyovers to ease Tanah Abang traffic JAKARTA (JP): Tanah Abang in Central Jakarta, one of the city's most congested areas will be free of traffic jams in June when the construction of an underpass and three flyovers is completed, the head of the city public works agency said yesterday. The official, Soeharto, said the underpass and flyovers would be opened on June 22, the city's 470th anniversary. The roads were part of city's 1992 to 1997 masterplan.

BI drafts national payments system

BI drafts national payments system JAKARTA (JP): Bank Indonesia has prepared a blue print for the development of an efficient, secure and reliable national payments system. Bank Indonesia Governor J. Soedradjad Djiwandono said at an annual bankers meeting last night that many central banks were devoting greater attention to their payments systems.

'Third party' masterminded riot, rights body says

'Third party' masterminded riot, rights body says JAKARTA (JP): The recent riots in Tasikmalaya, West Java, and Sanggau Ledo, West Kalimantan, were masterminded by a "third party", the National Commission on Human Rights has found. Announcing the results of their investigation into the incidents late Tuesday night, commission officials declined to name the alleged masterminds but urged the authorities to capture them soon.

Lawyers monitor trials

Lawyers monitor trials JAKARTA (JP): A team of lawyers from the International Bar Association (IBA) and the International Commission of Jurists will arrive in Jakarta this month to observe the trials of local activists. Roger Smith, a spokesman for IBA's Human Rights Institute, told The Jakarta Post here yesterday that a different observer would be sent each week to monitor the trials in Jakarta and Surabaya.

'Religious coexistence in RI strong'

'Religious coexistence in RI strong' JAKARTA (JP): Indonesians have strong sense of religious tolerance, despite recent evidence to the contrary, a survey shows. A poll of 1,000 people in the three major cities of Medan, Jakarta and Surabaya showed the majority (64.3 percent) do not pick their neighbors because of their religion.

Extra meals for 45,000 children

Extra meals for 45,000 children DENPASAR, Bali: More school meals have been allocated to improve the academic performance of 45,000 elementary school children in Bali. I Made Supiarta of the provincial education office said over the weekend the supplementary food was provided under the Presidential Aid for Impoverished villages scheme. Supiarta told Antara the program would make use of the area's root vegetables to supplement their existing diet.

200-millionth baby to be born

200-millionth baby to be born JAKARTA: A child born on February 4 this year will be the 200- millionth Indonesian and be given an award from the National Family Planning Agency (BKKBN). State Minister of Population/Head of BKKBN Haryono Suyono said last Friday, to be entitled to the award the baby must meet certain requirements, including that he/she must come from legally and happily married parents, and must be the first, second or third child.

On editing

On editing Referring to my letter to the editor Jan. 4, 1997, I am truly disappointed with the way my letter was edited. The last paragraph in particular, which said, "Indonesian churches should become self-sufficient by getting support from their own members and congregations," was not my intended statement and misrepresents my sentiments completely. I never intended to say Indonesian churches should become self-sufficient, as they have been for many decades.

Four people die in fire accident

Four people die in fire accident JAKARTA (JP): Two men, a mother and her infant child died in a fire yesterday in Taman Sari, West Jakarta. The mother, the infant and one of the men burned to death in the fire which hit a four-story shophouse, containing a garment factory. The other man died when he impaled himself trying to escape the fire. All the adults worked at the factory. City Police spokesman Maj.

Holiday Inn expands to Semarang

Holiday Inn expands to Semarang SEMARANG, Central Java (JP): Holiday Inn Worldwide, the hotel division of Britain's Bass Plc., will begin operating its fourth hotel in Indonesia here later this year. The four-star Holiday Inn Semarang is owned by Napan Group, one of the country's leading diversified private business groups. J.F.

City to ply 8,762 buses

City to ply 8,762 buses JAKARTA (JP): The city will operate 8,762 buses during the coming Idul Fitri holidays on Feb. 9 and 10, an official said yesterday. The buses would operate a week before and a week after the holiday, J.P. Sepang, the head of the City Land Transportation Control Agency, said. He said 1,700 of the buses were city buses converted for intercity and interprovincial trips, in case regular buses could not meet demand.

Pluit's Wal-Mart opens

Pluit's Wal-Mart opens JAKARTA (JP): The country's second Wal-Mart Supercenter will open today in Megamall Pluit, North Jakarta. The supercenter is owned by PT Multipolar Perkasa, a subsidiary of the Lippo Group, which holds a 100 percent franchise agreement with the United States-based Wal-Mart Stores. Multipolar opened its first Wal-Mart Supercenter last year in Karawaci's Lippo Supermall in Tangerang.

Security posts for flood-prone spots

Security posts for flood-prone spots SEMARANG: The Central Java office of the Ministry of Transportation has built a number of "command posts" in areas prone to flooding along the railway route connecting the towns of Brebes and Bojonegoro in East Java. Quoting a statement from the office, Antara reported yesterday the posts had been erected at several points along the Semarang- Mangkang-Kaliwungu route, and along the Brumbung-Gubug and Bojonegoro routes.

OCBC, NISP venture bank to open here soon

OCBC, NISP venture bank to open here soon JAKARTA (JP): A joint venture bank owned by Overseas Chinese Bank Corporation (OCBC) of Singapore and Bank NISP of Indonesia would start its operation here this month. Bank NISP managing director Pramukti Surjaudaja said here yesterday that the new joint venture, to be called Bank OCBC- NISP, had secured its principal license from the Ministry of Finance. He added that it had filed a proposal to the ministry for an operating license.

Nine students detained for carrying weapons

Nine students detained for carrying weapons JAKARTA (JP): Police detained yesterday nine of 72 students involved in a brawl on Monday for carrying sharp weapons in a packed bus on Jl. M.T. Haryono, East Jakarta. The 63 other students, from a private technical senior high school (STM) in Cawang, East Jakarta, were released, said Chief of the City Police Detectives for General Affairs, Lt.Col. Bakat Purwanto. The nine students claimed the weapons which were left in the bus, he said.

New bishop calls for further E. Timor dialog

New bishop calls for further E. Timor dialog JAKARTA (JP): Mgr. Basilio do Nascimento, the newly-ordained bishop of Baucau, East Timor, said the solution to the East Timor dispute depends on further dialogs between Indonesia and Portugal under the auspices of the United Nations. Antara quoted the bishop as saying in the Vatican yesterday that everybody was waiting for the ongoing dialogs to bear fruit. Indonesia and Portugal have met at least three times but no significant results have ensued.

Hundreds of schools in ruin

Hundreds of schools in ruin BANDUNG, West Java: Regent HU Hatta Djatipermana lamented the 300 primary school buildings which are in various stages of disrepair in Bandung while the administration's funds were so limited only 25 to 30 of them could be repaired a year. Antara reported the regent as saying most of the wrecked buildings were over 25 years old and needed to be immediately repaired lest their condition deteriorated further.

Asian economies warned of strikes

Asian economies warned of strikes SINGAPORE (DPA): The massive labor unrest currently paralyzing South Korea -- one of Asia's most mature "tiger economies" -- have prompted observers to speculate that other rapidly- developing Asian countries might be naturally progressing toward similar crises.

Crackdown on illegal migrants to continue

Crackdown on illegal migrants to continue JAKARTA (JP): Governor Surjadi Soedirdja said yesterday the city would continue raids to curb the number of newcomers to Jakarta during Ramadhan and Idul Fitri. "We will continue the operation even though it is Ramadhan," Surjadi said after inaugurating a pilot handicraft industry project at City Hall.

Badminton star dominate Best Athlete nominations

Badminton star dominate Best Athlete nominations JAKARTA (JP): Badminton stars dominate the list of nominees for the 1996 Best Athlete competition run by the Jakarta Chapter of the Sports Journalists Association. In a meeting Tuesday, the association announced that the top awards are expected to be handed over to shuttlers and top badminton officials, Antara news agency reported yesterday.

Top shuttlers urge officials to explain missing money

Top shuttlers urge officials to explain missing money By Primastuti Handayani JAKARTA (JP): The country's top shuttlers are urging Badminton Association of Indonesia officials to disclose the whereabouts of unpaid sponsorship and prize money and the details of new contracts with sponsors.

Japan PM talks on ASEAN in KL

Japan PM talks on ASEAN in KL KUALA LUMPUR (Reuter): Japanese Prime Minister Ryutaro Hashimoto yesterday held talks with his Malaysian counterpart, during which he discussed regional issues such as tightening ASEAN ties and the growing presence of China. The Japanese leader wrapped up a two-hour meeting with Prime Minister Mahathir Mohamad after arriving yesterday on the second leg of a tour to five Association of South East Asian Nations (ASEAN) members.

Office costs still lower

Office costs still lower JAKARTA (JP): Jakarta's office rents, costing US$23 a square meter a month, are lower than those in cities in the region's similar developing countries, like Manila, Bangkok and Kuala Lumpur, a survey said. The survey on office occupancy rates in 48 countries by Edmund Tie & Company, CY Leung & Company, DTZ Debenham and CB Commercial revealed that six Asian cities' occupancy rates were among the top ten most expensive in the world.

Attention traffic wardens

Attention traffic wardens From Bisnis Indonesia It has been two weeks since the traffic flow to Klender from Jatinegara through Jl. Raya Bekasi Timur has slowed down. It takes approximately 20 to 30 minutes to travel from the Yogya department store to Cipinang prison. It seems to have become a permanent condition, whether morning or evening. In the weeks before, this route took only five to 10 minutes. I travel on this road daily, and believe the traffic lights on Jl.

RP car sales jump 24.5%

RP car sales jump 24.5% MANILA (AFP): Philippine automobile sales rose 24.5 percent in 1996 from a year earlier, to 88,648 units, an industry association said yesterday. The local assembler of Honda Motor Co. Ltd. of Japan was the best-selling brand, moving 20,233 units or 23 percent of the market. It was followed by the local assembler of Toyota Motor Corp. which sold 19,814 units.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 8, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,000 0 3,000 AHAP Insurance 2,675 0 0 Alumindo Light Metal 1,400 -50 2,428,000 Alumindo Perkasa 775 25 500 Andayani Megah 1,025 -25 110,000 Aneka Kimia Raya 1,375 -25 323,500 Anwar Sierad 2,200 50 55,000 Aqua Golden Mississippi 4,100 -25 9,500 Argha Karya Prima Industry 3,400 0 0 Argo Pantes 1,625 0 0...

Johnson ends first match with touch of magic

Johnson ends first match with touch of magic JAKARTA (JP): Former NBA star Earvin "Magic" Johnson lived up to his sobriquet with a piece of pure magic at the end of an exhibition match against Indonesia's IM-Texmaco at the Senayan Indoor Stadium yesterday. But only about 2,000 fans turned up to see the Magic Johnson All Stars team defeat the IM 121-66. Johnson, a former LA Laker, received a standing ovation at the end of the match after he closed it with his own marvelous magical touch.

Elevated railway or subway suitable: City official

Elevated railway or subway suitable: City official JAKARTA (JP): In the midst of uncertainty over whether the city will have an elevated railway track or a subway, officials said either would do to start easing Jakarta's traffic woes. Deputy Governor for Economic and Development Affairs Tb. M. Rais said yesterday the Mass Rapid Transit (MRT) project, either elevated or underground, should have started already. Rais could not say whether both would be built.

Press is third sociopolitical force: Expert

Press is third sociopolitical force: Expert JAKARTA (JP): Observers agreed the criticism heaped on the Indonesian press recently came because its social and political clout has grown so much it has discomforted some parties. Darmanto Jatman, a lecturer at the Semarang-based Diponegoro University's School of Psychology, said the press has become the third major force after the military and the bureaucracy.

E. Timor is Indonesia's 27th province: Vatican

E. Timor is Indonesia's 27th province: Vatican LISBON (AFP): A Vatican memo referring to East Timor as the "27th Indonesian province" has ignited fierce controversy in Lisbon, where the papal nuncio has been summoned to the foreign ministry, diplomats said yesterday. The Vatican press service note was issued Dec. 18 to announce the ordination of a second Catholic bishop for the former Portuguese colony, Monsignor Basilio do Nascimento.

Bank credits for small enterprises fall: Soedradjad

Bank credits for small enterprises fall: Soedradjad JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono asked bankers last night to increase lending to small-scale companies. Soedradjad said that the last three years have seen declining growth in small-scale business lending and in the ratio of this lending to total credit. He told an annual bankers meeting that lending under the small-scale business credit program increased by 18 percent last year to Rp 48.3 trillion (US$20 billion).

Tea auctioning season begins optimistically

Tea auctioning season begins optimistically JAKARTA (JP): The Joint Marketing Board for all state agricultural enterprises opened this year's tea auctioning season with optimism yesterday. Sugiat, the president of state-owned PT Perkebunan Nusantara (PTPN) VIII, said yesterday he was confident this year would be more favorable for Indonesian tea exports because potential new markets were opening up and many countries' domestic politics were stabilizing.

Increase production of corn: President

Increase production of corn: President JAKARTA (JP): President Soeharto ordered 16 provincial governments yesterday to boost corn production and help the country cut back on imports. Soeharto said the government has carried out special steps and partnership programs in these provinces to increase corn production and to save "a large amount" of state revenue. Soeharto was speaking at a ceremony to honor several farming groups, businesses and local government officials involved in agriculture.

Sons lock up cranky father

Sons lock up cranky father KUPANG, East Nusa Tenggara (JP): A peasant from the West Sumba district completed a 10-year prison term only to be locked up by his sons in a buffalo stall for another two months. Ngongo Bili, 60, had his feet locked in wooden stocks in the buffalo stall of one of his three sons in November. The police rescued him only days before Christmas on a citizens' tip-off.

Fire guts Sakti Plaza

Fire guts Sakti Plaza JAKARTA (JP): Fire gutted two of four stories of the Sakti Plaza building on Jl. M.T. Haryono in South Jakarta, Tuesday night. The fire which started at 7:15 p.m. is believed to have been caused by a short circuit on the third floor. Fifteen fire engines came and the blaze was extinguished at 11:30 p.m. No one was hurt. PT Sakti Plaza manager Faizal estimated losses could reach Rp 500 million.

Report on cellular tender delay denied

Report on cellular tender delay denied JAKARTA (JP): The government denied yesterday it had delayed the open tender of the Personal Communication Network (PCN), the next generation of digital wireless telephone systems. The Ministry of Tourism, Post and Telecommunications told The Jakarta Post the government had never officially stated the tender schedule. "Therefore, there has been no delay of the tender for the cellular project," the statement said.

Eva nets 120,000 passengers

Eva nets 120,000 passengers JAKARTA (JP): Taiwan's Eva Air flew about 120,000 people to or from Indonesia last year, the airline's local representative said yesterday. Peter Chen said that last year's result was 33 percent higher than its 99,000-passenger figure for 1995.

Businessmen lament low growth of small business

Businessmen lament low growth of small business JAKARTA (JP): Several indigenous businessmen said yesterday that few Indonesians in small business had expanded their businesses because it was so difficult.

440 die in traffic accidents

440 die in traffic accidents DENPASAR, Bali: A total 440 people died in traffic accidents last year, Antara reported Tuesday. The news agency quoted Bali traffic police chief Col. Gde Putu Brata saying that 1996 was a sad year because of the high rate of fatalities in traffic accidents. However, he did not give 1995 figures for comparison. "Last year has been a sad year. All because of motorists' negligence," Brata said.

Looking for culprits

Looking for culprits The statement made by the Armed Forces Chief Gen. Feisal Tanjung, in Yogyakarta on Tuesday regarding the recent riots in Situbondo and Tasikmalaya is certainly interesting, especially as it was followed by a related statement by the widely respected National Commission on Human Rights (Komnas HAM). According to Gen. Feisal Tanjung, the authorities have identified those responsible for inciting the riots and have collected nearly enough evidence to arrest them.

TV today

TV today TVRI 2:30 a.m Travel: My Country 2:35 TV Series: Family Matters 3:05 Children's Program: Dance 3:30 TV Series: Investigators 4:05 Science Film: A Writer's Exchange 4:30 Woman's Program: Dunia Wanita 4:55 Filler and Trailer 5:00 Regional News 5:25 News: My Country 5:30 Arabic Lessons 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country: DKI Jakarta 6:15 Village Program 6:30 English News Service 7:00 Evening News 7:25 Filler and Trailer 7:30 Koran Recital 7:40 Religious...

Humpuss group to share in PT Kaltim Methanol

Humpuss group to share in PT Kaltim Methanol BONTANG, East Kalimantan (JP): PT Kaltim Methanol Industri, a wholly owned subsidiary of Humpuss group, which was developing a US$350-million methanol plant in Bontang, East Kalimantan, plans sell up to 49 percent of its shares, the company's executive said here yesterday. Company president director Abdul Wahab said Nissho Iwai Co.

PPP attacks new rule on electioneering

PPP attacks new rule on electioneering JAKARTA (JP): The United Development Party attacked yesterday the new electioneering rule which requires campaigners have their scripts checked by the government before starting debates live on TV or radio. Yusuf Syakir said the rule issued last month deviated from a consensus reached by the three contestants and the government not to censor campaign materials. "How could a political campaign dialog use a script?" asked Yusuf, the party's deputy chairman.

Lampung prison 'full house'

Lampung prison 'full house' BANDAR LAMPUNG, Lampung: The Rajabasa penitentiary now houses 800 people, 300 more than its capacity, according to Antara. The news agency quoted head of the provincial office of the Ministry of Justice JB Mathaus saying yesterday that the cells were packed with inmates and detainees, including those detained temporarily on requests from police offices, the prosecutor's office and the local courts.

Motorola-Electrindo tie-up

Motorola-Electrindo tie-up JAKARTA (JP): The Motorola Wireless Data Group has signed an agreement with PT Elektrindo Nusantara -- Indonesia's first wireless data network operator -- to provide a country-wide DataTAC 5000 system for two-way communications. This agreement follows a decision made by the Ministry of Tourism, Post and Telecommunications to grant Elektrindo a license to operate a nationwide packet data wireless communication system.

Floods trap thousands as canals overflow

Floods trap thousands as canals overflow JAKARTA (JP): Thousands were trapped in their homes or had to flee as Tuesday night's heavy rains overflowed canals inundating parts of Central and West Jakarta. Yesterday, flooded areas included the subdistricts of Halim, Kramat Jati, and Makasar, all in East Jakarta, and Petamburan in Tanah Abang, Central Jakarta.

PDI's rivalry continues with birthday parties

PDI's rivalry continues with birthday parties JAKARTA (JP): The opposing camps of the Indonesian Democratic Party (PDI) are bracing for a new round of rivalry: hosting the party's 24th anniversary revelries tomorrow. Overthrown party leader Megawati Soekarnoputri and the government-backed Soerjadi have each planned their own receptions and expect different special guests.

Environment

Environment From Berita Buana Prof. Budhisantoso, Assistant to the Minister of Environment, has said Jakarta needs approximately 100 artificial lakes to avoid flooding. Unfortunately, many existing lakes have been filled in. For example, Tirtaloka Lake at Pluit, North Jakarta, has disappeared to make room for a Megamall. The lake was large and beautiful. There were once plans for it to become a tourist attraction, and even advertisement of it as a place for waterskiing.

In search of a solution to economic disparity

In search of a solution to economic disparity President Soeharto touched on the nation's economic disparity in his annual budget speech Monday. Ignas Kleden suggests a solution. JAKARTA (JP): The notion of "national stability" is a basic characteristic of the New Order government's political thinking. Initially, it was in perfect counterpoise to the political instability resulting from the Old Order -- the context of its genesis determined its content.

Number of HIV/AIDS cases up to 501

Number of HIV/AIDS cases up to 501 JAKARTA (JP): Health authorities have recorded 35 new HIV/AIDS cases over the past month, taking the official number of Indonesians infected to 501 by Dec. 31. Director General for the Control of Communicable Diseases Hadi M. Abednego said Tuesday night the new cases were found in North Sumatra, 18; Irian Jaya, seven; South Sulawesi, four; Jakarta, two; South Kalimantan, two; East Java, one; and West Kalimantan, one.

ASEAN based on national resilience

ASEAN based on national resilience The following interview with Dr. Juwono Sudarsono, vice governor of the National Resilience Institute, was taken from the January 1997 edition of Telaah Strategic (Strategic Analysis), the institute's bimonthly publication. Question: What is the significance of the ASEAN-10?

'Jargon creates much suspicion'

'Jargon creates much suspicion' JAKARTA (JP): A senior legislator criticized the military yesterday for forever blaming an unnamed "third party" for every case of mob religious and sectarian violence. Handjojo Putro said the authorities should stop using jargon such as "third party" and "mastermind" to apportion blame for the mass riots.

Komselindo to offer international roaming

Komselindo to offer international roaming JAKARTA (JP): PT Komselindo, a mobile cellular telecommunications operator, will start offering international roaming later this month, the company's commercial director said yesterday. Zen Smith said the company's international roaming would initially cover Malaysia, Thailand and Australia. "In the beginning we will start with Malaysia," he said, adding that the firm would cooperate with the Malaysian firm Mobicom.

Work starts on Kopassus mall

Work starts on Kopassus mall JAKARTA (JP): The construction of a Rp 63-billion (US$26.5 million) shopping center to serve soldiers and residents started yesterday in Cijantung, East Jakarta. Maj. Gen. Prabowo Subianto, chief of the Army's special force (Kopassus), officiated at the commencement of construction of the 16,000-meter-square building called Graha Cijantung. The shopping center will be jointly owned by Kopassus and private developer PT Graha Haji Masagung.

Overheating threat still looms

Overheating threat still looms JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono said yesterday the national economy had started to cool but warned that a relaxed monetary stance could cause it to overheat again. The governor of the central bank told an annual bankers dinner last night that monetary policy this year would continue to focus on strengthening internal and external macroeconomic stability.

Developer urges higher house fees

Developer urges higher house fees JAKARTA (JP): A developer and former developers association executive suggested raising the fees for the construction of expensive homes and using the balance to cover the costs of constructing cheap houses. Mohamad S. Hidayat, former chairman of the Indonesian Association of Developers (REI), was responding to earlier REI requests for the government to reduce at least 28 percent of the costs of building cheap homes.

Industry hampered by own cleaner production vision

Industry hampered by own cleaner production vision JAKARTA (JP): Environmentalists acknowledge Indonesian industries' efforts to implement zero pollution production, but say it has been hampered by business considerations as well as the industries' own vision of what constitutes clean industry.