Indonesian Political, Business & Finance News

Archive: 15 February 1997

50 articles found

RI and S'pore to clear mines

RI and S'pore to clear mines TUBAN, East Java: The Indonesian and Singaporean navies are to conduct a joint exercise off the coast of Tuban, East Java, from Feb. 14 to Feb. 25, Antara reported Thursday. The exercise will focus on mine-clearing and be held in Tanjung Awar-awar waters in the Jenu subdistrict. The Singaporean Navy is to be represented by two warships, RSN Kellang and RSN Pedok, the Indonesian Navy's Information Service said in a dispatch received Thursday.

'Radar detected aircraft'

'Radar detected aircraft' JAKARTA (JP): Air Force Chief Vice Marshal Sutria Tubagus has denied claims that this week's illegal incursion by two foreign aircraft into Kalimantan was a sign of weakness in Indonesia's air defense system. "Our radar system detected the two aircraft when they entered the Indonesian air space," Sutria said at the Armed Forces headquarters yesterday.

Freeport tipped to grab stake in Busang mining

Freeport tipped to grab stake in Busang mining JAKARTA (JP): Bre-X Minerals and Barrick Gold Corp. have failed to agree with their Indonesian partners on terms to develop the huge Busang gold mine in Kalimantan, an informed source said yesterday amid rumors Bre-X had struck a deal with U.S. firm Freeport McMoran. The American source, who requested anonymity, has been closely monitoring negotiations between the two Canadian companies since last month.

Urbanization requires planning: Experts

Urbanization requires planning: Experts JAKARTA (JP): Urbanization should be encouraged, despite a host of accompanying problems, because it helps accelerate economic development, a population expert believes. Aris Ananta, an economist at the Demographic Institute of the University of Indonesia, acknowledged that while urbanization led to unemployment, the reduction of agricultural areas and the emergence of slum areas, it should not be seen only as an ugly consequence of development, he said.

Government expands special export category

Government expands special export category JAKARTA (JP): The government has included food, paper, rubber, fish, vegetable oils and toys into the categories of industrial products eligible to receive export tax and nontax incentives. This brought the number of eligible product categories to ten after four were announced last year, Industry and Trade Minister Tunky Ariwibowo said yesterday.

'Dangdut' music

'Dangdut' music From Suara Karya Dangdut music performances attract a large number of people in Indonesia. This reassuring development is closely related to TPI's statement that it is the first Indonesian TV station for dangdut music. Government officials have also come out in support of dangdut performances. As music for the people dangdut has a special mission to educate the people apart from providing entertainment.

Garuda to try MD-11ER in Solo

Garuda to try MD-11ER in Solo JAKARTA (JP): National flag carrier Garuda Indonesia will fly its new MD-11ER jet next week to Adisumarmo airport in Solo, Central Java, which has extended its runway to 3.6 kilometers. Director General of Air Transportation Zainuddin Sikado said yesterday the trial wide-body jet landing and take-off was scheduled for Feb 24, a week later than originally scheduled.

Why overseas graduates?

Why overseas graduates? Reading the requirements for "career opportunities" announced by a major Asia-Pacific conglomerate in Kompas (Jan. 19), I was very proud that a growing Indonesian company was assisting in economic development. Interested in knowing the demand for employment, I continued reading.

Pope sends Idul Fitri message

Pope sends Idul Fitri message BANDA ACEH, Aceh: Aceh's most senior ulema, Ali Hasjmy, has received Idul Fitri greetings from Pope John Paul II, Antara reported yesterday. The message, sent through the North Sumatra/Aceh Bishop Mgr AGP Batubara, was hand delivered by a Catholic priest, Rev. Fernando, to Ali Hasjmy last Sunday, the day of the Idul Fitri holiday.

'Last year's growth may be below 8%

'Last year's growth may be below 8% JAKARTA (JP): Minister of Development Planning Ginandjar Kartasasmita said yesterday that Indonesian economic growth last year was estimated to exceed 7.5 percent but was lower than the 8 percent achieved in 1995. Speaking to reporters after meeting with President Soeharto, Ginandjar said the government was still calculating the exact figures. "But it will be between the growth rates achieved in 1994 and 1995. In 1994 we grew by 8.1 percent," he said.

Cipayung families want more for land

Cipayung families want more for land JAKARTA (JP): Families from the Cipayung district in East Jakarta sought Council help for the second time yesterday for compensation for a toll road project. Compensation for land taken for the eastern ring road project which runs from the Beautiful Indonesia in Miniature Park to Cikunir is offered at Rp 302,500 (US$126.57) per square meter for people who can prove ownership and Rp 423,000 per square meter for buildings.

EU hypocrisy

EU hypocrisy The dialog between ASEAN and the European Union (EU) began in Singapore Thursday. On many issues, particularly those relating to economy and trade, the discussions proceeded smoothly. On the political plane, however, two obstacles stood out in this year's routine meeting: Myanmar and East Timor. Regarding Myanmar, the difference between ASEAN and the European Union concerned the question of what attitude to take towards Yangon.

Japan slow on Natuna

Japan slow on Natuna TOKYO (Reuter): A Japanese consortium has yet to be formed to buy a stake in the Natuna gas project from Indonesia's state- owned Pertamina although it was originally due to be set up by the end of 1996, traders said yesterday. Pertamina now has a 24 percent stake in the giant natural gas project in the South China Sea, and plans to reduce its share to 11 percent.

Police deny rape and abduction reports

Police deny rape and abduction reports JAKARTA (JP): Police denied reports about the abduction and rape of a 17-year-old housemaid were true, saying the girl had willingly gone with her boy friend. North Jakarta Police Chief Lt. Col. Rismawan said yesterday that Las, a housemaid for the Kamaludin family in Kelapa Gading, North Jakarta, admitted she had not been abducted and raped by two unidentified persons.

Review for Thai credit rating

Review for Thai credit rating BANGKOK (AFP): New York-based Moody's Investors Service is to review Thailand's sovereign credit rating for a possible downgrade amid concerns about its economy, according to a statement received here yesterday.

Legislator says ending enmity key to peace

Legislator says ending enmity key to peace JAKARTA (JP): Observers are continuing to offer insights and solutions to the unrest in West Kalimantan, with one legislator predicting that tension will persist as long as ethnic enmity remains. Taheri Noor, a member of the House of Representatives from West Kalimantan, expressed doubt that any traditional settlement, such as the peace pact reached and violated recently, would last long. "The unrest was caused by a chronic conflict dating back decades.

Annan hopeful of progress in East Timor talks

Annan hopeful of progress in East Timor talks UNITED NATIONS (AFP): Progress in talks on the future of East Timor is possible now that the troubled territory has gained greater world attention, UN Secretary General Kofi Annan said Thursday. "I am optimistic that we will make some progress," Annan told a press conference here.

Fire, the sixth in N. Jakarta this week, guts 100 houses

Fire, the sixth in N. Jakarta this week, guts 100 houses JAKARTA (JP): Another fire destroyed at least 100 shanty houses in the Pejagalan subdistrict, Penjaringan, North Jakarta, yesterday, the sixth fire in the mayoralty this week. The fire is believed to have started in a vacant house. Like the other fires which left thousands people homeless in Kelapa Gading, Penjaringan and Kali Baru, yesterday's fire started at about 11:00 a.m. gutting houses, whose owners were away for Idul Fitri.

155 arrested and Rp 34.4m seized in anti-gambling raid

155 arrested and Rp 34.4m seized in anti-gambling raid JAKARTA (JP): The city military arrested 155 gamblers and confiscated Rp 34.4 million (US$14.3 million) in cash yesterday in a pre-dawn raid on an illicit gambling den in Mangga Besar, Central Jakarta. City Military Spokesman Lt. Col. Didi Supandi said yesterday that in the raid on the gambling den on Jl. Mangga Besar IV number 21, gambling paraphernalia, including a roulette table, a baccarat table, cards and hundreds of coins.

Daewoo-Djajanti deal

Daewoo-Djajanti deal SEOUL (Reuter): South Korea's Daewoo Corp, a unit of Daewoo Group, said yesterday it had signed a basic agreement with Indonesia's PT Maluku Dinamika Semen, a unit of the Djajanti Group, to build a $400 million cement plant in Indonesia. A formal contract to build the 2.5 million-ton-a-year cement plant will be signed in May, a Daewoo spokesman said.

Mayors asked to stop jobless newcomers from settling here

Mayors asked to stop jobless newcomers from settling here JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes asked all mayors to look out for newcomers in their areas and enforce the provincial decree on population. He said yesterday monitoring was necessary, before newcomers became settled in the city. "It is estimated that around eight to 10 percent of the number of people who went to their hometowns for Idul Fitri will come to the city seeking jobs," Idroes said.

Candies instead of change

Candies instead of change From Neraca I am a regular customer of a supermarket and I am concerned about their payment system. Under their system, consumers lose much more, while the supermarket adds more to their profits. For example, when shopping at a supermarket in Kebon Jeruk I usually pay a larger sum for the items I buy, expecting the right amount in change. But what often happens is that I do not get the right amount in return.

Viqueque street brawl arrests rise to 109

Viqueque street brawl arrests rise to 109 DILI, East Timor (JP): The number of people arrested in recent street brawls in the Viqueque district, 140 kilometers east of here, rose to 105 yesterday, police said. East Timor Deputy Police Chief Col. Atok Rismanto said the people had been detained at the Viqueque police precinct for questioning on their involvement in the unrest. "The authorities will decide who should be prosecuted," Atok told The Jakarta Post.

Ex-POW elected envoy to Vietnam

Ex-POW elected envoy to Vietnam WASHINGTON (Reuter): The former prisoner of war nominated to be the first U.S. ambassador to the Socialist Republic of Vietnam vowed on Thursday to help foster trade, promote stability in Southeast Asia and try to bind old war wounds.

ASEAN and EU to boost ties

ASEAN and EU to boost ties By Meidyatama Suryodiningrat SINGAPORE (JP): Ministers of the Association of Southeast Asian Nations (ASEAN) and the European Union ended their two-day meeting here on a high note yesterday, agreeing to further discuss sensitive issues and development cooperation. In a 19-point Joint Declaration -- which marked the end of the 12th meeting between ASEAN and EU foreign ministers -- ministers said they had agreed to further discuss sensitive issues.

Academic laments lack of Indonesian statesmen

Academic laments lack of Indonesian statesmen JAKARTA (JP): The country has given rise to an abundance of politicians but few statesmen because of the overwhelming politicization of public life, State Administration Institute rector Ryaas Rasyid said yesterday. Ryaas told reporters after attending an Idul Fitri celebration held by Minister of Home Affairs Moch. Yogie S.M.

SE Sulawesi to get huge sugar investment

SE Sulawesi to get huge sugar investment JAKARTA (JP): A consortium of five state-owned plantations and a private firm will each invest Rp 360 billion in developing sugar cane in Southeast Sulawesi. Southeast Sulawesi Governor La Ode Kaimoeddin said yesterday the consortium which includes the Sulawesi-based state-owned PTP Nusantara XVI, was developing 20,000 hectares of sugar cane plantations and a sugar refinery in Kendari regency.

National park reported to be under serious threat

National park reported to be under serious threat JAKARTA (JP): East Kalimantan's once 200,000-hectare Kutai National Park, one of the world's few remaining protected tropical rain forests, is under serious threat, a press report said yesterday. Since the forest was declared a national park in 1982 it has lost about 50,000 hectares, mainly due to illegal logging which officials concede is hard to stop with only 85 forest rangers equipped with 27 motor boats.

Birth control program a success

Birth control program a success JAKARTA (JP): The family planning programs carried out by the Jakarta administration have prevented more than three million births in the last 26 years. City Hall Spokesman, Soesila Darmoadji, said yesterday Jakarta's population would have reached 14,279,072 this year, if birth control programs had failed. "By mid year Jakarta will house 10,215,762 people, thanks to the family planning programs," he said.

World Press Photo exhibition

World Press Photo exhibition JAKARTA (JP): The Erasmus Huis on Jl. H.R. Rasuna Said, South Jakarta, will host the annual World Press Photo exhibition from Feb. 19 to March 6. The Royal Netherlands Embassy announced yesterday the unique traveling exhibition showed the winning pictures of the worldwide annual press photography contest. "It is brought to Jakarta with the support of the Erasmus Huis." Minister of Information Harmoko is scheduled to open the 200 picture exhibition.

Dragages wins RI job

Dragages wins RI job HONG KONG (Reuter): Dragages et Travaux Publics said yesterday it had won contracts in Singapore and Indonesia worth a total of US$149 million. Dragages et Travaux said in a statement it had been appointed by Singapore developer Hong Leong Holdings for the design and construction of the Hazel Park condominium in Singapore, which was worth $119 million.

Distributors urged to withdraw liquor from supermarkets

Distributors urged to withdraw liquor from supermarkets JAKARTA (JP): A City councilor from the Indonesian Democratic Party (PDI) faction yesterday urged distributors to withdraw liquor from supermarket outlets so they do not suffer a great loss. Romulus Sihombing said distributors should sell liquor at government-appointed places, such as hotels, bars and restaurants.

TV today

TV today TVRI 2:30 p.m. Travel: My Country 2:35 Cartoon Film 3:00 News: Lintasan Berita 3:30 Soccer: Kansas League (live) 4:00 News: Lintasan Berita 4:55 Filler and Trailler 5:00 News: Siaran Berita TVRI 5:25 Travel: My Country 5:30 Environment Program: Mengenal Lingkungan 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 English News Service 7:00 Evening News 7:25 Filler and Trailler 7:30 Music: Paket 27 8:00 News: Lintasan Berita 8:05 Saturday Night...

European Union expects ASEAN to act on Myanmar

European Union expects ASEAN to act on Myanmar By Meidyatama Suryodiningrat SINGAPORE (JP): The European Union yesterday urged members of the Association of Southeast Asian Nations (ASEAN) to take a stronger stance in urging Myanmar to improve its human rights record. Dutch foreign minister Hans van Mierlo, acting EU president, said Europe did not wish to interfere in ASEAN's relations with Yangon, but said members must make an effort to spur improvement.

KADIN says RI must woo ASEAN investors

KADIN says RI must woo ASEAN investors KUALA LUMPUR (JP): The Indonesian Chamber of Commerce and Industry (KADIN) suggested yesterday government officials and businesspeople be more aggressive in attracting foreign investors from neighboring countries. KADIN chairman Aburizal Bakrie said here that Malaysia, Thailand and Singapore, had become net investing countries. "We need a lot of capital to develop our economy, and countries like Malaysia now have capital to invest abroad.

PT Telkomsel launches mobile base station

PT Telkomsel launches mobile base station JAKARTA (JP): Private cellular operator PT Telkomsel launched yesterday its newest innovation -- a mobile radio base transceiver station nicknamed Combat -- in another effort to improve its service in the competitive cellular communications business. Telkomsel operates the global system for mobile communication (GSM) and has allocated at least Rp 10 billion (US$4.16 million) to create 10 Combats by the end of the year.

Pontianak tense despite lifting of night curfew

Pontianak tense despite lifting of night curfew JAKARTA (JP): The atmosphere in the West Kalimantan capital Pontianak remained tense yesterday despite the lifting of the nightly curfew, local sources said. Fully armed soldiers were out early yesterday patrolling the town in trucks, pick-ups and on motorcycles, especially in business centers predominantly occupied by people of Chinese descent.

Consulates called for

Consulates called for JAYAPURA, Irian Jaya: Merauke Regent Soekardjo said it was time Australia and Papua New Guinea opened consulates in Merauke to facilitate the start of flights connecting Merauke, Daru and Cairns. Antara quoted the regent as saying that an Australian airline, Milna, had recently disclosed its plan to open a route connecting the three cities. No firm date has been set for the plan.

Bakrie, Danamon fight to buy Bank Pacifik

Bakrie, Danamon fight to buy Bank Pacifik KUALA LUMPUR (JP): The Bakrie Group's Bank Nusa International and the publicly listed Bank Danamon, which the Usman Admadja family controls, are competing to buy the ailing Bank Pacific. Bakrie Group chairman Aburizal Bakrie confirmed here yesterday that Bank Nusa would probably be merged with the Bank Pacific subject to the approval of Bank Indonesia, the central bank. "Yes, we are interested. But it depends on Bank Indonesia.

Cement projects in C. Java

Cement projects in C. Java JAKARTA (JP): Only five of the 17 cement plant projects in Central Java have started construction preparation, provincial Investment Coordinating Board head Soedarsono said yesterday. Soedarsono said from Semarang the five projects were owned by PT Semen Nusantara in Cilacap; PT Semen Gombong in Kebumen, PT Sukolilo in Pati, and PT Semen Grobogan and PT Himkonam Pertiwi, both in Grobogan.

Where to go in Jakarta:

Where to go in Jakarta: Music * Ibis Slipi Hotel, Jl. Jend. S.Parman Kav.59, Central Jakarta. - Bar Onix: All Eight Band, Sunday, 9 p.m. to 12.30 a.m., Monday, Friday, 8 p.m to 12 p.m, Exelence Band, Tuesday, Thursday, 8 p.m to 12 a.m., Saturday, 9 p.m. to 12.30 a.m., Big City, Wednesday, 8 p.m to 12 a.m. * Imperial Century Hotel, 401 Boulevard Jend.Sudirman, Lippo Karawaci 1300, Tangerang: - Lobby; - Kecapi Sunda, Monday to Sunday, 2 p.m.

Australian food promotion

Australian food promotion JAKARTA (JP): Canned goat meat and cocktail food are amongst the Australian food products to be exhibited by 30 companies at Hotel Indonesia from February 19 to 22. Other products on display will include confectionery, boutique wines and beverage coolers. "Visitors can expect to taste delicious processed food and beverages," Bruce Wallace, senior representative of Australian Trade Commission of the Australian Embassy said.

Let's not be trapped by issues

Let's not be trapped by issues From Merdeka Before the independence of Indonesia was proclaimed on Aug. 17, 1945, Pancasila and the 1945 Constitution had been prepared in such a way that it was acceptable to the whole nation from Sabang in the west to Merauke in the east. The two concepts, which cover a comprehensive thought, will forever be enshrined in people's hearts. Unlike other nations' philosophies, Pancasila has been able to ward off turbulence and social and political instability.

Limited information

Limited information It is saddening to notice that development in Indonesia is still full of ironies. Take for example the issue of reading. On one hand, the government continues to encourage people to read books so they will not lag behind other nations, particularly in the era of globalization. But on the other hand, the government has imposed a high tax on imported books, and the price of local publications is still very high.

City to discipline offidials extending Idul Fitri holiday

City to discipline offidials extending Idul Fitri holiday JAKARTA (JP): Th city officials who did not return to work directly after Idul Fitri will be disciplined, Deputy Governor for Administrative Affairs Idroes said yesterday. He said he had ordered all heads of the city administration offices and agencies to "take stern action against delinquent officials". "It's the duty of all heads of offices and agencies to take action," Idroes said.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 14, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,150 -25 2,500 Alumindo Light Metal 1,300 -25 35,000 Alumindo Perkasa 750 0 10,000 Andayani Megah 1,025 -25 76,500 Aneka Kimia Raya 1,300 -25 641,000 Anwar Sierad 1,950 0 108,000 Aqua Golden Mississippi 4,450 50 10,000 Argha Karya Prima Industry 3,350 0 0...

The fate of Indonesian workers

The fate of Indonesian workers From Neraca Many complaints were heard from housewives when Lebaran arrived because of the housework they had to tackle themselves. The annual exodus of servants leaves many families in discomfort. It is at this time that families -- particularly Jakartan families -- realize how noble the profession of a servant really is. Despite their immense influence, they are often overlooked because of the hustle and bustle of daily life.

Post-holiday discipline

Post-holiday discipline Indonesians love a holiday. Idul Fitri is the perennial favorite of Moslems, and the holiday seems to be getting longer every year. The government decided long ago to declare a two-day holiday at the end of the fasting month, the longest holiday in Indonesia. But many people, especially those who return to their villages to celebrate Idul Fitri with their families, give themselves a few extra days.

Two arrested for possessing grenades

Two arrested for possessing grenades JAKARTA (JP): Chief of the City Police Detectives announced yesterday that two people were arrested last Sunday for illegally possessing two active hand grenades. Police Col. Paimin Aboeamr said police and intelligence officers raided the homes of the two on the night of Feb.

Press plays tug of war with cultural values

Press plays tug of war with cultural values The press celebrated its 51st anniversary this week. Ignas Kleden discusses the clash of values in the history of the press. JAKARTA (JP): The Indonesian press, due to its history, has had some conflicting interests on its shoulders. First, as part of the struggle for national independence, it was supposed to strive for setting Indonesia free from the colonial powers and prepare the new nation for self-determination.