Indonesian Political, Business & Finance News

Archive: 26 February 1997

56 articles found

Bukaka clarifies WB deals

Bukaka clarifies WB deals JAKARTA (JP): Publicly listed engineering and design company PT Bukaka Teknik Utama stated yesterday it got no projects directly from the World Bank. The company clarified its role in World Bank projects in Indonesia after newspaper reports said the company had been awarded several projects financed directly by the World bank.

Analysts upbeat about Malaysia's economy

Analysts upbeat about Malaysia's economy By M. Jegathesan KUALA LUMPUR (AFP): Malaysia's economy has slowed to a healthier pace, according to the government's 1996 economic data, but analysts warned Sunday inflation and a weak trade balance were still major concerns. "Fears of an overheating economy have dissipated," said Desmond Ch'ng, economist with South Johor Securities, a local broking firm. But Ch'ng said inflationary pressures continued to persist.

Motul has no synthetic base: Research

Motul has no synthetic base: Research JAKARTA (JP): Motul lubricants, which are widely sold in Indonesia, have no synthetic base and are purely mineral lubricants, research conducted by a foreign company has found. "A specific lubricant brand, Motul, sold in Indonesia was marketed under the designation synthetic and sometimes technosynthese lubricants when in reality they are mineral based lubricants," said G.

Business as usual in Pontianak, says governor

Business as usual in Pontianak, says governor JAKARTA (JP): West Kalimantan Governor Aspar Aswin said yesterday the provincial capital Pontianak had returned to normal and residents had resumed daily activities. He refuted reports that the widespread clashes over the past two months between indigenous Dayaks and migrants from Madura island in East Java had disrupted the economy and caused food shortages.

Toyo wins Chandra deal

Toyo wins Chandra deal TOKYO (Reuter): Toyo Engineering Corp (TEC) said yesterday it had received a 14 billion yen contract to revamp an ethylene plant owned by Indonesian petrochemical firm PT Chandra Asri. Under the agreement, TEC will upgrade the facilities of a Chandra Asri plant in Cilegon, West Java, in order to boost its ethylene output capacity to 675,000 tons per year by September 1998 from 550,000 tons, a TEC spokesman said.

Vietnam's oil output up

Vietnam's oil output up HANOI (AFP): Vietnamese crude oil production totaled 1.2 million tons in the first two months of this year, a record for the period, a newspaper reported here yesterday. Ngo Thuong San, general director of monopoly state-owned oil company Petrovietnam, said 1997 output was expected to reach 9.6 million tons, up one million tons over 1996 levels, the Vietnam News reported. Nearly all of Vietnam's oil is exported for refining as the country lacks its own facilities.

Color war escalates in Surakarta

Color war escalates in Surakarta SURAKARTA (JP): Trees, fences, telegraph poles, sidewalks, zebra crossings and bus shelters changed color for the sixth time yesterday as the political war of colors here reached new heights. Scores of furious Golkar activists poured down the streets as youths from rival parties were busy elsewhere coloring objects in public places white, or red and white.

Telephone consumers among most critical

Telephone consumers among most critical JAKARTA (JP): The classic complaints about telephone services keep cropping up because telephone users are among the most critical of consumers, a consumer advocate said. Zoemrotin K. Soesilo of the Indonesian Consumers' Foundation (YLKI), compared complaints her office had received in its survey last year at a seminar on telephone service yesterday.

Oki admits to killing his brother, woman friend

Oki admits to killing his brother, woman friend JAKARTA (JP): The defendant in the Los Angeles triple murder trial admitted here yesterday to killing his brother and one of his business partners. Harnoko Dewantono, better known as Oki, told the Central Jakarta District Court he retracted a statement made in an earlier session, and he did murder his brother and one of his business partners. According to the indictment, Oki murdered his Indian national business partner Suresh G.

More people suffer from dengue

More people suffer from dengue JAKARTA (JP): The number of dengue sufferers in Jakarta rose again recently although there had been a marked decrease earlier last year, an official said yesterday. The city administration's head of public relations, Soesila Darmoadji, said yesterday the number of dengue cases increased during December 1996 and January this year. Soesila, however, refused to reveal the number.

Where to go in Jakarta:

Where to go in Jakarta: Music * Mandarin Oriental Jakarta, Jl. MH Thamrin, Central Jakarta: - Chequers; The World Premier Band from USA, daily (except Sunday), 9 p.m. to 1 a.m. * Millennium Sirih Jakarta, Jl. Fachrudin 3, Jakarta: - The Lobby Lounge; Sahata Group, daily, 7 p.m. to 10.30 p.m. * Grand Hyatt Jakarta, Jl. Thamrin, Central Jakarta: - Fountain Lounge; Klasiko Suprema from the Philippines, daily (except Tuesday), 8:30 p.m.

Electrindo and Alcatel form international joint venture

Electrindo and Alcatel form international joint venture JAKARTA (JP): Indonesian telecommunications firm PT Elektrindo Nusantara has set up an international joint venture to install and maintain underwater cables. Elektrindo, an arm of the Bimantara group, has tied up with France's Alcatel Submarine Network and Japanese trading house Tomen Co. Alcatel Submarine is a wholly-owned subsidiary of the Alcatel Alsthom, a manufacturer and supplier of underwater telecommunications systems.

China asked to arrest fugitive Tansil

China asked to arrest fugitive Tansil JAKARTA (JP): Indonesia asked China yesterday to arrest Eddy Tansil if the fugitive businessman was indeed living in China as many have speculated. Minister of Justice Oetojo Oesman and Chinese Vice Justice Minister Xiao Jianzhang also discussed a possible extradition treaty between the two countries in a three-hour meeting at the former's office.

The dynamics of peace in society

The dynamics of peace in society By Ignas Kleden JAKARTA (JP): Peace is a nice word and also a beautiful reality. "Peaceful" is related to being "blissful". In socio- political life it is usually seen as a precondition for living together. One cannot get along with people who are belligerent all the time, or whose behavior is characterized by permanent hostility. The recent riots in Java and Kalimantan are alarming because in those places peace, for some time, was apparently lost.

Boat people return to Lombok

Boat people return to Lombok LOMBOK, West Nusa Tenggara: Seventy Indochinese boat people expelled from Lombok last week returned to the island Monday evening for engine repairs, officials said yesterday. The people, who left Gili Air island for New Zealand after refueling over the weekend, anchored in Lembar port at about 6 p.m. Monday, spokesman for the port authorities Lt. Col. Darwinsyah said. The travelers are 55 adults and 15 children.

Strong governance needed to maintain economic growth

Strong governance needed to maintain economic growth JAKARTA (JP): Asian countries need to maintain their strong governments but improve their accountability to maintain their high economic growth momentum, an expert said yesterday. James R. Rohwer, the author of bestselling book Asia Rising, said at a leadership seminar yesterday that Asia's success was more because of authoritarian government and strong social institutions and values than favorable economic values.

Expert hails Soeharto's contribution to ASEAN

Expert hails Soeharto's contribution to ASEAN JAKARTA (JP): An American political scientist has hailed President Soeharto for unceasingly promoting the Association of Southeast Asian Nations (ASEAN) and allowing it to grow into a preeminent global organization. Frederick Z. Brown of John Hopkins University said yesterday that Soeharto's support for Indonesia's neighbors was a strong pillar of the region's stability.

The wonders of Thai food served up at Grand Hyatt

The wonders of Thai food served up at Grand Hyatt There is good news for connoisseurs of fine Eastern cuisine, tired of Jakarta's local fare. Grand Hyatt Jakarta's Grand Cafe is promoting Thai food, serving an array of authentic Thai food prepared by guest chefs from Grand Hyatt Bangkok, led by executive chef Mrs. Sirilak Lekkwan. For Rp 52,500 ++ (US$21.50 ++) per person, one can enjoy this sharply flavored and nutritious cuisine at its authentic finest.

Citizens have freedom to vote or not to vote, says observers

Citizens have freedom to vote or not to vote, says observers JAKARTA (JP): Voting in a general election is every eligible citizen's basic right and people breach no law if they do not exercise it, observers said yesterday. They agreed that what constitutes a violation of the law is to encourage others to boycott a general election. The observers were commenting on a pre-Easter message from the Bishops Council of Indonesia read out in sermons Sunday which said that refusing to vote was not a sin.

Moro rebels resume peace talks with RP

Moro rebels resume peace talks with RP SULTAN KUDARAT, Philippines (AFP): Moro guerrillas yesterday resumed preliminary peace talks with the government here and agreed to a common agenda for proposed formal negotiations, a lawyer who represents the insurgents in the talks said. Technical committees from the government and the Moro Islamic Liberation Front (MILF) met to discuss a cease-fire and to set the agenda for formal negotiations, lawyer Lanang Ali told reporters.

Myanmar urged to join trans-Asian rail system

Myanmar urged to join trans-Asian rail system KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad urged Myanmar yesterday to join a proposed trans-Asian railway network that would stretch from Singapore to China. Mahathir also reiterated to visiting Myanmarese Deputy Premier Maung Maung Khin that he hoped Myanmar could be admitted into the Association of Southeast Asian Nations (ASEAN) as soon as possible, the Bernama news agency said.

Sofyan rejects Kadin's affirmative action idea

Sofyan rejects Kadin's affirmative action idea JAKARTA (JP): Businessman Sofyan Wanandi supported the idea of empowering indigenous people but rejected what he called a partisan proposal put forward by the Indonesian Chamber of Commerce and Industry. He suggested the government take comprehensive nonpartisan corrective measures by empowering small and medium enterprises.

U.S. most popular foreign study destination

U.S. most popular foreign study destination JAKARTA (JP): The United States is the most popular destination for Indonesian students wishing to study abroad, according to coordinators of overseas education. "The United States is still seen as the most prestigious destination," according to Henny Ardi of LIA Overseas Training and Travel. She was speaking on the sidelines of an international education fair here Sunday.

15 hurt in attacks in Philippines

15 hurt in attacks in Philippines COTABATO, Philippines (AFP): A bus and a jeep were ambushed and a grenade was tossed into a house in separate attacks in the southern Philippines which left 15 people wounded, police and witnesses said yesterday. Four men fired on the bus on a highway near the town of Pagalungan early yesterday, wounding three passengers, said Sharabe Namla, the bus inspector.

Spotlight

Spotlight Photo A: Police JP/Suyoto NEWS GATHERING: Seventy police officers from all over the country pay a visit to The Jakarta Post's editorial office on Jl. Palmerah Selatan in Central Jakarta. During their tour Thursday the officers, from the police information department, were informed about the Post's news gathering and writing procedures.

Indonesian, RP illegals allowef to stay in Sabah

Indonesian, RP illegals allowef to stay in Sabah KUALA LUMPUR (AFP): Malaysia's Sabah state and Labuan island will allow about 400,000 undocumented workers from Indonesia and the Philippines to legitimize their status but will ask other illegal aliens to leave by April 1, it was reported here yesterday.

Probe into doping at Asian Cup begins

Probe into doping at Asian Cup begins KUALA LUMPUR (AFP): Asian football supremo Peter Velappan said yesterday an investigation was underway into the results of doping tests on players of four top teams at the Asian Cup in December. "It is premature to conclude that any player or team is affected until the report is completed," Velappan, general secretary of the Kuala Lumpur-based Asian Football Confederation, told AFP.

ISO certification for two more firms

ISO certification for two more firms JAKARTA (JP): Publicly listed telecommunication provider Indosat and PT Krakatau Engineering Corporation received yesterday ISO certification for their services. Indosat, which is listed on Jakarta and New York stock exchanges, received ISO 9002 certification from Geneva-based Societe Generale de Surveillance for its international quality service in telecommunications.

BP Chemicals to ago ahead with China chemical project

BP Chemicals to ago ahead with China chemical project SINGAPORE (Reuter): BP Chemicals, a unit of giant British Petroleum, is pressing ahead with multi-billion dollar investments in China, dispelling energy industry fears of changes to investment policies after Deng Xiaoping's death. "I don't see any change after Deng. It is not as if this was a shock," BP Chemicals, chief executive officer Bryan Sanderson told reporters yesterday at the sidelines of the second Asia Pacific Chemical Conference.

Ruwiyati to take test before Games

Ruwiyati to take test before Games JAKARTA (JP): The training director for the 19th SEA Games, Djoko Pramono, said the decision to include Ruwiyati, the marathon record breaker at the 1995 Games in Chiang Mai, Thailand, will be made in June following a physical examination. "Ruwiyati is suffering from osteoporosis and is undergoing treatment now. Hopefully, she will recover before June," he said. Ruwiyati clocked two hours 34 minutes and 29.12 seconds, breaking the SEA Games record.

Outcry on parking upsets Surjadi

Outcry on parking upsets Surjadi JAKARTA (JP): Governor Surjadi Soedirdja said yesterday he was surprised by the enormous public outcry about the city's plan to increase parking fees. Speaking to reporters during a break in the governors' meeting at the Ministry of Home Affairs, Surjadi said he had no idea why the public had reacted so strongly. "The administration has yet to issue the bill on new parking fee regulations," he said.

Fire razes houses and a truck

Fire razes houses and a truck JAKARTA (JP): Fire gutted two houses and a truckload of methanol Monday night causing financial losses estimated at more than Rp 10 million (US$62,800), but nobody was injured. Fire destroyed J.M. Siahaan's house on Jl. Cawang II/19, Makasar, East Jakarta. The fire, caused by a short circuit at 7:20 p.m., was extinguished by six fire engines. No casualties were reported and financial losses have yet to be calculated. A house owned by Minarbati on Jl.

Indorama posts $51.5m net profit

Indorama posts $51.5m net profit JAKARTA (JP): Publicly listed polyester producer PT Indorama Synthetics recorded an unaudited net profit of Rp 122 billion (US$51.5 million) in 1996, up from Rp 120.32 billion in 1995. The company booked sales turnovers of about Rp 678 billion in 1996, up from 1995's Rp 675.9 billion in sales, Indorama's Managing Director and Vice President Sri Prakash Lohia said yesterday.

Police shot robber to death

Police shot robber to death JAKARTA (JP): Police shot dead yesterday a man who had just robbed a woman on a Metromini bus in Grogol, West Jakarta. West Jakarta Police Chief Lt. Col. Bakat Purwanto said the police were forced to shot Parlindungan Situmorang, 23, for trying to escape. "An officer shot the criminal in the neck and stomach after he ignored two warning shots," Bakat said. He said Situmorang held a knife to the woman, identified only as Nung, and stole her handbag containing money.

'Handle foreigners with care': Mayor

'Handle foreigners with care': Mayor JAKARTA (JP): North Jakarta Mayor Suprawito told subordinates foreigners in the area must be handled extra carefully because there were so many of them passing through the port. The mayor who was officiating at the mayoralty's Coordinating Team for the Supervision of Foreigners (Sipora) yesterday, said tight monitoring of all foreigners entering, living and working in the capital city was essential.

Govt to lobby Japan, U.S. and EU over Timor car disputes

Govt to lobby Japan, U.S. and EU over Timor car disputes JAKARTA (JP): Indonesia will dispatch a team to lobby Japan, the United States and the Europe Union not to dispute its controversial national car policy. Minister of Industry and Trade Tunky Ariwibowo said after meeting Soeharto that Indonesia hoped the world's three biggest trading powers would not take the car issue to the World Trade Organization's (WTO) panel of judges.

Opinions vary on Amien's exit from ICMI experts body

Opinions vary on Amien's exit from ICMI experts body JAKARTA (JP): Coordinating Minister for Political Affairs and Security Soesilo Soedarman has strongly refuted speculation that Moslem scholar Amien Rais was a victim of government meddling in Moslem organizations. "That's not true," he told reporters yesterday. "I don't see (Amien) as being victimized. You're all wrong," he said. "I'm not going to give any comments about what Amien Rais has said about coal mining projects," he said.

'Developers must keep projects'

'Developers must keep projects' BANDUNG, West Java (JP): Developers of railway networks in Indonesia will probably be required to retain ownership, Minister of Research and Technology B.J. Habibie indicated yesterday. Habibie said he would be opposed to transport developments that involved the transfer of ownership and operation to the government. Developers under the build-operate-transfer scheme might demand compensation for various reasons at the time of transfer, he said.

VIP Tours, local firm launch travel package

VIP Tours, local firm launch travel package JAKARTA (JP): England's VIP Tours and PT Gerbang Sarana Angkasa launched a flexible individual travel package yesterday called VIP-Europe A la Carte, for Southeast Asian travelers. "There is a fast growing demand from repeat travelers for more independent travel arrangements and they want flexibility to build up an itinerary to suit their interests," VIP Tours' managing director Michael Hewitt said at a meeting with travel representatives.

Ever Shine earns $11.5m

Ever Shine earns $11.5m JAKARTA (JP): Textile and garment producer PT Ever Shine Text recorded an unaudited net profit of Rp 27.4 billion (US$11.5 million) for 1996, up 13 percent from 1995's net profit of Rp 24.2 billion. The company announced sales of textiles and garments rose 13 percent to Rp 180.4 billion with textile accounting for 83 percent of this. In 1995 sales totaled Rp 162.5 billion.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 25, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 900 0 0 AHAP Insurance 2,675 0 239,000 Alter Abadi 1,175 0 895,000 Alumindo Light Metal 1,275 0 16,000 Alumindo Perkasa 800 0 155,000 Andayani Megah 1,025 0 0 Aneka Kimia Raya 1,325 25 0 Anwar Sierad 1,900 -25 38,000 Aqua Golden Mississippi 5,650 400 331,500 Argha Karya Prima Industry 3,350 0 2,500...

Witnesses defy court summons

Witnesses defy court summons BANDA ACEH, Aceh: The district court trying the case of the 1996 Gurita ferry accident suspects has threatened to force six people to testify after they defied two summonses. The judges ordered prosecutor Jumiran to seek the arrest of the six witnesses to testify against one of the accused, a 37- year-old official of Malahayati port. "We don't care how the prosecutor finds the witnesses.

Health care inadequate: Sujudi

Health care inadequate: Sujudi MASOHI, Central Maluku: Minister of Health Sujudi said only 80 percent of Indonesians have access to health care facilities, Antara reported. In poor areas, however, only 40 percent of the population can be reached by medical services due to distance and difficult terrain, Sujudi said after inaugurating three health projects, including the Dr. M. Haulussy Hospital, here Saturday.

Mining

Mining From Merdeka Minister of Mines and Energy I.B. Sudjana's explanation on Feb. 5 on general mining indicates the application of the pattern of work contracts based on Article 10 of Law No.11/1967, in which the government acts as the owner and the mining company becomes the contractor. So far local companies in cooperation with foreign investors have enjoyed the yields of natural wealth. The government only obtained a small percentage through PT Bukit Asam.

Petrochemical complex to be built in Tuban

Petrochemical complex to be built in Tuban BOSTON (Reuter): Stone & Webster Inc said Monday it signed a lump sum, turnkey contract to build a large grassroots petrochemical complex at Tuban, East Java.

'Lifting land-use ban may cause speculation'

'Lifting land-use ban may cause speculation' JAKARTA (JP): Land speculation and black market trading of land-use permits will become rampant following the withdrawal of the National Land Agency's ban on issuing land permits in Bogor, Tangerang and Bekasi, an observer said. Panangian Simanungkalit was responding to a circular issued by the agency, headed by State Minister of Agrarian Affairs Soni Harsono, canceling the policy introduced last year.

Palu to host beach volleyball meet

Palu to host beach volleyball meet JAKARTA (JP): The Indonesian Volleyball Association has appointed Central Sulawesi to stage a national beach volleyball championship in the capital city of Palu in early June. "Central Sulawesi has been successfully developing the sport over the last few years," the National Sports Council's Central Sulawesi branch chairman, Samikoen, said Monday.

Most firms not yet linked up with customs EDI

Most firms not yet linked up with customs EDI JAKARTA (JP): The associations of textile companies, shipping lines and car makers said yesterday none of their members had been linked up with the Electronic Data Interchange (EDI) which the Customs and Excise Tax Directorate General plans to operate in April. "We are still struggling with poor business performance.

Resettlers get power after 20 years

Resettlers get power after 20 years GORONTALO, North Sulawesi: Several hundred transmigrant families in Marisa subdistrict have had power installed in their neighborhood after 20 years of waiting. The transmigrants from Java, Bali and West Nusa Tenggara occupy eight of the 23 villages in Marisa, 600 kilometers southwest of the provincial capital, Manado. Power lines reached their homes late last year or early last moth.

Telkomsel

Telkomsel From Media Indonesia I have been a subscriber to Telkomsel's GSM cellular telephone for a few months. Their service was satisfactory. Every month I received my bill by mail with specification, free of charge. On Feb. 17 I received a message saying: "Dear subscriber, starting from period I of 1997, the specification of the bill will be charged Rp 2,500. If you do not want the specification, call 021-3900811 or 111 on the toll free HP." I was dumbfounded by Telkomsel's one-sided logic.

Disruptive bargirls to be expelled

Disruptive bargirls to be expelled KUPANG, East Nusa Tenggara: Shocked by the rising incidence of divorce, the authorities in Kalabahi, on Alor island, have expelled 20 prostitutes they believe are responsible for marital break-ups. Alor military commander Lt. Col. Suwarno said yesterday the authorities took the drastic measures following the mysterious death of a youth in a brothel.

House's plan to pass nuclear bill protested

House's plan to pass nuclear bill protested JAKARTA (JP): Dozens of antinuclear activists marched to the House of Representatives yesterday demanding that legislators cancel their plan to endorse the government-sponsored bill on nuclear power today. The members of the Indonesian Antinuclear Society asked for a meeting with House Speaker Wahono but were told he was abroad. They then unfurled banners and waved posters. "People's representatives: Are you ready to carry the sin?" read one banner.

Missing mail

Missing mail When I was a scholarship student studying management at the University of Hawaii in Honolulu, I sent three boxes containing management textbooks from the Hawaii Kai post office at the end of June 1996. The boxes were sent via surface mail to my stepbrother Bambang Wiyono of the public relations department at the Ministry of Justice in Jl. Rasuna Said, Jakarta. I was told the package should arrive in three months (by October 1996), but I have still not received the mail.

Defamation trial postponed again

Defamation trial postponed again JAKARTA (JP): An absence of judges postponed for a second time the trial of a printer charged with defaming President Soeharto. The court announced yesterday that two of the three judges meant to hear the case were absent because they were participating in a course in Bandung, West Java. Two weeks ago the trial was postponed because two judges were on leave.

ASEAN projects mostly based on political factors

ASEAN projects mostly based on political factors By I. Christianto KUALA LUMPUR (JP): ASEAN governments have decided on many infrastructure projects based on political considerations which impede private participation, ASEAN Chamber of Commerce and Industry (CCI) chairman Aburizal Bakrie said here yesterday. He was speaking at the High-level Roundtable for the Formulation of Strategic Plans for Cooperation and Promotion of Foreign Direct Investment in ASEAN.

Councilors divided on alert centers

Councilors divided on alert centers JAKARTA (JP): Councilors yesterday were divided on whether the new alert centers at district military commands would help citizens in trouble. Members of the ruling Golkar and United Development Party (PPP) faction favored the centers, saying they would help in the early detection of problems.