Indonesian Political, Business & Finance News

Archive: 27 October 1997

49 articles found

Factory worker beaten to death

Factory worker beaten to death JAKARTA (JP): A shoe factory worker in Kalideres, West Jakarta, was beaten to death by nine of his neighbors in the early hours of Saturday, possibly following a quarrel. A Kalideres Police subprecinct officer said the victim, identified as Taufik, 27, of Tebing Tinggi, South Sumatra, was mobbed near the house he rented on Jl. Tegal Alur in West Jakarta at about 2 a.m.

Indonesia, Canada to build mining cooperation

Indonesia, Canada to build mining cooperation JAKARTA (JP): The Canadian Embassy and the Indonesian Ministry of Mines and Energy will cosponsor an international seminar on mining to build cooperation and understanding between both countries in mining investment, the embassy said yesterday. "I believe the seminar is an important step in building Canadian-Indonesian relations, and will contribute to our mutual understanding and trust in the mining industry," Ambassador Gary J.

Can the Armed Forces spearhead democratization?

Can the Armed Forces spearhead democratization? By Aleksius Jemadu BANDUNG (JP): A heated debate concerning the military's role in the country's democratization flared up recently following the 52nd anniversary of the Indonesian Armed Forces (ABRI) on Oct. 5. Political analyst J. Kristiadi of the Centre for Strategic and International Studies said political reform in the country could only come from a powerful institution such as the Armed Forces. Gen.

Malaysia seeking oil skimmers

Malaysia seeking oil skimmers KUALA LUMPUR (Reuters): Malaysia is looking for heavy duty skimmers to clean up an oil spill in the Strait of Malacca threatening a long stretch of its western coast, officials said yesterday. They said the spill, caused by a collision between two tankers near Singapore on Oct. 16, had moved away from the shore and was now about 13 nautical miles off Batu Pahat.

High interest rates may threaten firms

High interest rates may threaten firms JAKARTA (JP): High domestic interest rates and tight liquidity caused by the currency crisis may seriously threaten the credit quality to Indonesian companies, Standard and Poor's rating agency says. Its corporate ratings director Chris Legge said in a statement that the most serious threat to Indonesian firms was not their inflated currency borrowings but two other factors.

Where to go in Jakarta: Monday, Oct. 27, 1997

Where to go in Jakarta: Monday, Oct. 27, 1997 Exhibitions * Ceramics Exhibition, Golekan at Bentara Budaya, Jl. Palmerah Selatan No. 17, Jakarta, 10 a.m. to 9 p.m., until Oct. 31. * Painting Exhibition: Hugo Von Pedersen (1870-1958), a Danish artist in Indonesia and Francois Brochet, a French artist expressing the beauty of Indonesia, at Duta Fine Arts Foundation, Jl. Kemang Utara 55A, South Jakarta, daily at 10 a.m. to 7 p.m., Sunday and Monday at 11 a.m. to 4 p.m., Oct.

Contentious issues 'dog IMF talks'

Contentious issues 'dog IMF talks' BANDUNG (JP): The controversial national car program, a jet airplane project and a state agency's trading monopoly on food products are possibly slowing down talks with the International Monetary Fund (IMF) for financial aid, economist Sjahrir said.

Concerns on alcohol

Concerns on alcohol There has been some strong criticism against the government's newly imposed regulation on the sale of alcoholic beverages. However, in the face of such a reaction the authorities seem to be adamant and have indicated that they will continue with the campaign. Restrictions on the production, import and sale of alcohol were issued by the Ministry of Industry and Trade recently. Under the new regulations, the sale of alcohol will only be allowed between noon and 3 p.m.

Curug Luhur to build 2 stainless steel plants

Curug Luhur to build 2 stainless steel plants JAKARTA (JP): PT Curug Luhur Indah Paradise of Indonesia signed Saturday an agreement with the Tashkent Group of Germany to develop two stainless steel plants. The project's coordinator, Alex H. Sumarauw, said the two parties agreed to take the initiative to establish a joint venture company, to be named PT Indonesia-Germany Stainless Steel, to build two steel plants.

Monkey business in Ujungkulon

Monkey business in Ujungkulon JAKARTA (JP): Forest officials are unhappy with the increasingly intimate friendships between monkeys, deer and visitors at Ujungkulon National Park, about 180 kilometers west of here. They blame changes in the wild beasts' behavior on visitors to Peucang Island who ignore the ban on feeding protected animals. Hordes of monkeys, estimated at 1,500 on the small island, race from the trees to "greet" visitors, who usually share their peanuts or fruit with them.

Ramos visits Moslem region

Ramos visits Moslem region COTABATO, Philippines (AFP): Philippine President Fidel Ramos visited the troubled Moslem south yesterday to bolster confidence among foreign aid donors that a year-old peace treaty with separatist guerrillas is working. The half-day visit, which ended without any reports of guerrilla activity, included inspection tours of two heavily- secured dam projects -- one backed by Japan in the town of Carmen, and another in the town of Shariff Aguak.

Village girl Nasiroh takes risks to earn a livelihood

Village girl Nasiroh takes risks to earn a livelihood JAKARTA: Nasiroh, 14, looks small for her age, but she tries to appear more mature. She always wears a loose, ill-fitting shirt and skirt, and sandals. Born into a farmer's family in Mariut village, Subang, West Java, Nasiroh says she take responsibility to change her life. Before completing elementary school, Nasiroh, the second child of three was forced to leave school. That was two years ago.

Indonesia's methanol industry to enter real competition

Indonesia's methanol industry to enter real competition by Johannes Simbolon JAKARTA (JP): Indonesia's methanol industry will enter tight competition when the Humpuss Group's PT Kaltim Methanol Industry opens its methanol plant in Bontang, East Kalimantan, by the end of the year.

Good news from the world of PCs for small business owners

Good news from the world of PCs for small business owners By Zatni Arbi JAKARTA (JP): First of all, here's a tip from a reader, Pak Yosef Susilo, who has just e-mailed me and informed me of another great program for managing Internet cookies. It is called "Anonymous Cookie", and we can download it for free from www.luckman.com. We all certainly thank Pak Yosef for this tip, and let's continue sharing what we know about additional protection.

Twin couples into record book

Twin couples into record book YOGYAKARTA (JP): The Indonesian Museum of Records maintained its status as the key reference of oddities in the country when it accepted into its records yesterday twins who married their twin partners. Ikawati Handayani wedded her martial arts schoolmate Suhardi, while her twin sister Dwiyani Handaniwati married Suhardi's twin brother Suharjo after six years of an up-and-down relationship.

Edi calls for halt to human rights dispute

Edi calls for halt to human rights dispute BANDUNG (JP): Minister of Defense Edi Sudrajat called on all factions in the People's Consultative Assembly (MPR) over the weekend not to spend too much time debating whether or not they should adopt a decree on human rights. Edi said human rights was not something new to Indonesians due to their 350 years of adversity under Dutch and Japanese colonialism.

Haze brings cloud of gloom to SE Asia

Haze brings cloud of gloom to SE Asia By Stefan Klein SINGAPORE (DPA): Last Thursday, 7 a.m. The sooty cloud of smoke has not completely obscured our view of the house next door. You can see as far as usual from our terrace -- to the big, white apartment blocks on the other side of Queensway, about 400 or 500 meters away. But today the television is warning that there is a PSI level of 109. PSI stands for Pollutants Standard Index, and in Singapore it has become the phrase of the year.

DPR and professionalism

DPR and professionalism From Merdeka Members of society have expressed in this newspaper their various expectations of House of Representatives members (DPR). Some honestly expect House members will perform well, others are pessimistic about this, and still others express skepticism about legislators. The following is not my expectations of the new House members.

Competition stiff in Yogya hotel business

Competition stiff in Yogya hotel business By Sri Wahyuni YOGYAKARTA (JP): The rupiah is declining, and the drought- related fires and haze are tarnishing Indonesia's image abroad so badly that countless prospective tourists canceled their trips here. And still the hotel industry has to contend with another problem: increasingly stiffer competition in a relatively stagnant market.

Ramos vows to improve sea safety

Ramos vows to improve sea safety MANILA (AFP): Philippine President Fidel Ramos on Saturday pledged to improve the country's dismal maritime safety record which includes the world's worst peace-time sea disaster. Ramos said it was ironic that the Philippines, an archipelago strategically located in Southeast Asia, "has yet to develop a viable shipping industry.

Sticker fuss

Sticker fuss From Sinar Pagi The appeal by the Indonesian Consumers Foundation (YLKI) for community members to refuse to buy SEA Games stickers is difficult to implement because the sticker prices are usually already included in the balance of telephone and electricity bills and the like. It is indeed unethical if donation collection through the selling of SEA Games stickers is extended until Dec. 31, 1997, while the SEA Games themselves wound up on Oct. 19.

TV Program: Monday, Oct. 27, 1997

TV Program: Monday, Oct. 27, 1997 TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: Lucan 3:10 TV Drama: Kabar Gembira 3:35 Belief in God The Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Sports 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Student Program: Memacu Diri dan Berprestasi 8:00 News: Lintasan Berita 8:05 Music: Mozaik 9:00...

S'pore warns of business pullout from Johor

S'pore warns of business pullout from Johor SINGAPORE (AFP): Singapore companies have warned they may pull out of the Malaysian state of Johor, unless traffic hold ups on the main causeway linking the two are eased, it was reported yesterday.

6 villas in Puncak demolished

6 villas in Puncak demolished BOGOR (JP): Six luxury villas in Puncak Hilly Resort, Bogor, were torn down Saturday, raising the total number of villas demolished this year to 123. Four of the problematic villas were demolished by the Bogor regency's public order officers while the other two were leveled by their own owners, the Antara news agency reported. The owners of the six villas which were located in Tugu Utara village, Cisarua district, are all Jakarta residents.

Saudi legal system 'must be respected'

Saudi legal system 'must be respected' JAKARTA (JP): Amid public uproar over the recent execution of an Indonesian maid in Saudi Arabia, scholars have been adamant that the Saudi legal system, which practices capital punishment, must be respected. Ali Yafie of the Indonesian Ulemas Council and former justice- turned-preacher Bismar Siregar supported the Indonesian government's stance Saturday not to intervene in Saudi legal procedures.

East Timorese youths face death penalty

East Timorese youths face death penalty JAKARTA (JP): Two East Timorese youths may face the death penalty if they are found guilty of attempting to topple the government by committing terrorism, chief of East Timor's Prosecutor's Office Fx. Martanto said Saturday. Martanto said his office was still intensively questioning the suspects and hoped that their dossier could be completed and submitted to the local court soon.

Youth dies after brawl at Ancol rock show

Youth dies after brawl at Ancol rock show JAKARTA (JP): A 16-year-old boy died yesterday after he was stabbed in a commotion during a major rock show, featuring eight local rock music groups, at Ancol Dreamland in North Jakarta on Saturday night. The victim, identified as Wendi Delon, died at Sukmul General Hospital in North Jakarta. His body was rushed later to Cipto Mangunkusumo General Hospital for an autopsy.

Democracy in Indonesia seen through the eyes of a scholar

Democracy in Indonesia seen through the eyes of a scholar The following article is an excerpt from Prof. Arief Budiman's inaugural professorial lecture delivered on Oct. 9, 1997 at the University of Melbourne to mark his chairmanship of the Indonesian Studies Program at the university. This is the first of two articles. MELBOURNE: If a scholar criticizes the government in power, does it mean that he or she has stopped being a scholar and has begun playing the role of a political dissident?

Open house for street children

Open house for street children SEMARANG (Antara): "My father is dead. My mother left for Malaysia to work when I was asleep. I waited for her return, but in vain. Finally, I went to Jakarta with some friends," said 12- year-old Wawan quietly, telling some of his life experiences while fiddling with some paper. Two months ago, Wawan left his hometown of Semarang, Central Java for Jakarta. He has since been hawking tissue paper and shining shoes at the Pulogadung bus terminal in East Jakarta.

Subdistrict offices on green areas

Subdistrict offices on green areas JAKARTA (JP): Central Jakarta Mayor Andi Subur Abdullah has asked city councilors to help find new sites for three subdistrict offices currently located on green areas. "I ask for the city council to give suggestions to Governor Sutiyoso for new sites for those three subdistrict offices," Andi said over the weekend.

Bali world's 4th most popular spot

Bali world's 4th most popular spot JAKARTA (JP): Bali, Indonesia's most popular tourist destination, stands as the world's fourth best island, according to the United States' Conde Nast Traveler monthly magazine. In its's September issue, the magazine's Annual Readers Choice Awards ranked Bali fourth after Hawaii's Maui, Bermuda in the Pacific Ocean and Kauai, another Hawaiian island. The island is also named the fourth friendliest island.

Carita's wild dogs to be destroyed

Carita's wild dogs to be destroyed PANDEGLANG, West Java: Thousands of wild dogs roaming the Carita beach area and thought to be infected with rabies will be destroyed in an effort to free the area of the disease. "We hope tourists will feel more comfortable once the roaming dogs have been put away," said spokesman of Pandeglang administration Ahmad Ambari. As reported by Antara, statistics at the local livestock office showed that out of 12,956 dogs in the area, 7,741 were considered wild.

Base metals swept up in SE Asian turmoil

Base metals swept up in SE Asian turmoil LONDON (AFP): The base metals were swept up this week by the financial crisis in Southeast Asia, nearly all losing value from fears that demand in Asia will drop as local economies weaken. An analyst from Australian bank Macquarie said the market "had reason to be nervous" about the possible consequences of an economic slowdown in the region.

President Soeharto urged to lead national dialog

President Soeharto urged to lead national dialog JAKARTA (JP): An independence war veteran suggested over the weekend that President Soeharto lead a national dialog on state matters. "Pak Harto is the appropriate person for the job ... he should be the one to initiate a national dialog," said Maj. Gen. (ret) Pamoe Rahardjo, chairman of Pembela Tanah Air Foundation, an organization of former independence fighters, in a discussion here Saturday.

ICO raises funds

ICO raises funds JAKARTA (JP): International Circular Orbit (ICO) Global Communications, a satellite-based personal communications services operator, has increased its funding by more than US$225 million from existing and new investors, the company said. Company top executive Olof Lundberg said in London over the weekend that ICO had attracted firm new equity commitments and additional pledges from new and existing shareholders that may lead to significant further investment.

S'pore to let market set dollar

S'pore to let market set dollar SINGAPORE (Reuters): Singapore will allow the value of its currency to be determined by market forces and not push it one way or another, Finance Minister Richard Hu said. Although the Monetary Authority of Singapore steps into the market occasionally, it was only to avoid large fluctuations, which might make it difficult for businessmen to operate, the Straits Times newspaper on Saturday quoted Hu as saying.

Business and human rights meet

Business and human rights meet This is the first of two articles that delve into the heart of the relationship between business and human rights. By Budiono Kusumohamidjojo JAKARTA (JP): Southeast Asia has witnessed turbulent regional developments over the last three months. As some Southeast Asian and East Asian currencies were shaken by crises, Myanmar and Laos were admitted as full members of ASEAN on July 23, 1997, raising high in the region the issue of Myanmar's human rights violations.

Haze returns to Kuala Lumpur

Haze returns to Kuala Lumpur KUALA LUMPUR (AFP): Air pollution in most populated parts of Peninsula Malaysia eased slightly yesterday but remained at unhealthy levels as winds blew smoke in from Indonesia's forest and peat fires, officials said. "Steady southeasterly winds from South Kalimantan and Sumatra island are blowing the haze to the central and southern part of peninsula Malaysia," a meteorological department spokesman told AFP. At 11:00 a.m. (12:00 p.m.

City Police increasingly tough on drug traffickers

City Police increasingly tough on drug traffickers JAKARTA (JP): The City Police will speed up investigations into 11 alleged drug users and dealers arrested this month, and hand over dossiers on them to the Prosecutor's Office soon, a spokesman said. City Police spokesman Lt. Col. E. Aritonang said Saturday his office was always serious in its handling of drug cases and would not hesitate to take anybody caught with drugs to court.

Tanah Abang market returns back to normal

Tanah Abang market returns back to normal JAKARTA (JP): City Police Spokesman Lt. Col. E. Aritonang said Saturday that the police had brought the chaotic situation at the Tanah Abang market, which was the scene of a riot Friday, under control. The unrest was caused by dozens of angry hoodlums who blockaded one of nearby streets and threw anything they could lay their hands on at officers who had arrested eight of their friends for gambling, Aritonang said.

Asia crisis prompts caution call in Taiwan

Asia crisis prompts caution call in Taiwan TAIPEI (Reuters): The financial crisis first raged through Southeast Asia, engulfing Thailand, Malaysia, the Philippines and Indonesia along the way. The Hong Kong's stock market endured its biggest point fall in history while its currency came under assault and staid Singapore saw its share index scorched to a 57-month low.

Tabing Airport opens nighttime flights

Tabing Airport opens nighttime flights JAKARTA (JP): After nearly two weeks of isolation, West Sumatra was again open to air transportation as Padang's Tabing Airport was opened yesterday evening. The head of the province's transportation office Martunus Said told Antara that visibility around the airport was 3,600 meters in the evening or much better than the morning and afternoon visibility of just 400 to 2,000 meters.

Fire guts wooden shack at Mulia Senayan Hotel

Fire guts wooden shack at Mulia Senayan Hotel JAKARTA (JP): A fire gutted a three-story wooden bunkhouse used to accommodate construction workers at the Mulia Senayan Hotel site on Jl. Asia Afrika, Jakarta Saturday. Saturday's fire was the third ever to take place at the hotel. The first fire occurred on July 31, while the second took place on Aug. 28. No fatalities have been reported for all three fires.

Sino-US tie up for $3b

Sino-US tie up for $3b BEIJING (AFP): The China Petrochemical Corporation and US- based Exxon are discussing plans to invest US$3 billion to set up a refinery in east China's Fujian province, the official Xinhua news agency said Friday, quoting a corporation official. The Chinese firm is also conducting feasibility studies with Dow Chemicals for a large ethylene project in Tianjin valued at $2.5 billion, Xinhua quoted corporation general manager Sheng Huaren as saying.

Kia start court battle

Kia start court battle SEOUL (AFP): South Korea's ailing Kia Motors Co on Saturday started a court battle against what it called an illegal decision to place it under court receivership. Hundreds of Kia workers meanwhile staged a boisterous protest against receivership. They threw eggs and scuffled briefly with hundreds of riot police as they marched from Seoul railway station to the Myungdong Roman catholic cathedral.

Literature parley in West Sumatra

Literature parley in West Sumatra PADANG, West Sumatra: At least 469 Indonesian and foreign experts in literary arts will attend the 11th Nusantara Letters Experts Meeting (PSN) to be held in Kayu Tanam, West Sumatra. The meeting will be held from Dec. 6 to Dec. 11. The head of the organizing committee, A.A. Navis, said international participants included those from Brunei, Germany, Japan, Malaysia, Singapore, South Korea and Tasmania.

Maluku gets new governor

Maluku gets new governor AMBON, Maluku: Mohammad Saleh Latuconsina, 49, has been elected as the new governor of Maluku for 1997/2002. Mohammad Saleh, who received 35 votes, easily beat two other candidates -- Ahmad Said with five votes and Pieter Frans Leonard Maspaitella with four votes -- during a plenary meeting of the provincial legislative council on Saturday. The current governor, M. Akib Latuconsina, failed to attend Saturday's vote, despite being invited.

Share prices expected to be slightly firmer

Share prices expected to be slightly firmer JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) are projected to be slightly firmer this week with the expected announcement of the International Monetary Fund (IMF) bailout package for Indonesia. Securities analysts said the decline of regional markets would not influence trading activities on the JSX as most investors were watching closely for the outcome of talks between Indonesia and the IMF.

SE Asian currencies likely to remain bearish this week

SE Asian currencies likely to remain bearish this week SINGAPORE (AFP): Southeast Asian currencies could face a new round of attacks this week following the scare over the Hong Kong dollar and a Thai cabinet shakeup which is unlikely to impress the market, analysts said. Uncertainty over Indonesia's talks with the International Monetary Fund and Singapore's declaration that market forces would set the value of its dollar could also affect sentiment when trading resumes Monday.