Indonesian Political, Business & Finance News

Archive: 13 March 1997

60 articles found

PPP activists attack vehicles

PPP activists attack vehicles SURABAYA: Local military commander Maj. Gen. Imam Utomo has summoned United Development Party (PPP) leaders to account for recent vandalism involving party activists. The incident took place Sunday in Pasuruan when trucks of PPP activists heading for Surabaya to attend the party's 24th anniversary celebration pounded vehicles with branches they had chopped from trees beside the road.

Gopi of India upsets Alan at All-England

Gopi of India upsets Alan at All-England BIRMINGHAM, England (Agencies): The 1992 Olympic gold medalist Alan Budikusuma of Indonesia unexpectedly lost to young Indian shuttler Pullela Gopi Chand 15-2, 10-15, 15-3 at the All England Badminton Championship on Tuesday. Alan, who recently married the 1992 Olympic gold medalist Susi Susanti, was pushed to the limit in the 69-minute match at the National Indoor Arena.

Satelindo gets $135m loan from Paribas

Satelindo gets $135m loan from Paribas PARIS (JP): Private telecommunications operator PT Satelit Palapa Indonesia (Satelindo) has secured a US$135.89 million loan from French Paribas. The loan, which will be signed here today, will be guaranteed by the French Export Credit Agency, COFAS. Satelindo said the loan would be covered COFAS' political insurance with a 2.3 percent or $3.05 million premium.

Far East traders react to RI's low coffee harvest

Far East traders react to RI's low coffee harvest SINGAPORE (Reuter): Far East traders reacted yesterday with bemused skepticism to reports Indonesia's coffee output may fall by up to 40 percent in 1997, saying the talk was an attempt to further boost rallying prices. "Forty percent down is a bit drastic. That's a bit too much. I don't think it's that bad. Indonesia's coffee exports should be the same as in previous years," a Singapore trader said.

ACeS eyes ties with ASEAN companies

ACeS eyes ties with ASEAN companies JAKARTA (JP): ASEAN telecommunications firm PT Asia Cellular Satellite (ACeS) is inviting other ASEAN companies to join it in developing Asia's most cost-efficient satellite-based telecommunications system. The president of ACeS. Adi R. Adiwoso, said the company would introduce a region-wide cellular mobile telecommunications system next year by operating a geo-stationary satellite called Garuda.

Vietnamese top brass in Yogya

Vietnamese top brass in Yogya YOGYAKARTA: Vietnamese Armed Forces Chief Gen. Pham Van Tra visited the Indonesian Air Force Academy here yesterday. Accompanied by the academy's governor, Maj. Gen. Gandhy NS, the Vietnamese general toured the campus and observed its facilities, Antara reported. He planted a tree to mark his visit and then went on to the Buddhist Borobudur and the Hindu Prambanan temples. Gen. Pham's visit to Yogyakarta was part of his several-day tour of Indonesia.

50 activists protest labor bill at House

50 activists protest labor bill at House JAKARTA (JP): Around 50 labor activists staged a noisy demonstration at the House of Representatives yesterday, rejecting the labor bill which they say fails to protect employees' rights. All members of the Indonesian Labor Theater, they massed in the House foyer, praying, singing and reading poems to attract attention while their delegates sought a meeting with House members.

Malaysia promotes disputed island

Malaysia promotes disputed island JAKARTA (JP): Malaysia promoted Sipadan, an island also claimed by Indonesia, as one of its tourist paradises during the recent Berlin Tourism Bourse, a press report said yesterday. Indonesian consul general in Berlin Indra M. Damanik was quoted by Antara as saying Tuesday that Malaysia had claimed Sipadan as its territory. "It's a daring promotion because the territorial dispute over the Sipadan Island has not yet been settled," Damanik said.

Whale shark

Whale shark The photograph which appeared on Page 2 of The Jakarta Post (March 11) described the fisherman's catch as a whale, but it looks like a whale shark. Whale sharks are the largest fish in the world and can reach 12 meters in length. These docile sharks are harmless, live in tropical and sub-tropical waters and filter food out of the water. DAVID and KEVIN MARCOU Jakarta

Accommodation from both sides needed

Accommodation from both sides needed The Indonesian government will deny the United Nation's Human Rights Commission a recommendation to establish a representative office in Jakarta. The commission's ambition to open an office here was induced by its concern about human rights conditions in Indonesia, particularly in East Timor. The Indonesian government, for its part, regards such a move improper because it infringes on the country's sovereignty.

Mikola packs his bags for 13 Formula III races

Mikola packs his bags for 13 Formula III races JAKARTA (JP): Rising star Ananda Mikola is scheduled to compete in 13 Formula III races in three European countries, Macao and at home on the Sentul circuit, near Bogor. He will compete in Italy, the Netherlands, Monaco and Macao before returning to race at Sentul. The 16-year-old said Tuesday he aimed to be ranked among the world's top 10 F-III racers this year and among the top five next year.

Traffic change near Jl. Museum

Traffic change near Jl. Museum JAKARTA (JP): The old Jl. Museum in Central Jakarta will be closed while the new Jl. Museum is built. This will affect traffic flow in the area, an official said yesterday. The City Land Transport and Traffic Control Agency head J.P. Sepang said as of 7:00 a.m. tomorrow north bound traffic on Jl. Abdul Muis would not be allowed to turn right into Jl. Museum. North bound traffic on Jl. Tanah Abang Timur would not be allowed to enter Jl.

Sports council rethinks scheduling

Sports council rethinks scheduling BANDUNG (JP): The National Sports Council's research and development department is looking at ways to reschedule national sports events and national training schedules to help athletes. For many years, the council has staged the National Games in September at the start of the school semester.

Judge denies pressure in Megawati's lawsuit

Judge denies pressure in Megawati's lawsuit JAKARTA (JP): A judge trying one of the dozens of Megawati Soekarnoputri's lawsuits against the government denied yesterday allegations of state pressure on the courts to rule in the government's favor. "I have not received a single directive from anyone about how I should handle the case," said Lintong Oloan Siahaan, chief of Jakarta's State Administrative Court.

City's PPP branch hopeful about votes

City's PPP branch hopeful about votes JAKARTA (JP): Demand for freedom of choice may boost votes for the city's chapter of the United Development Party (PPP), even in areas traditionally "difficult" for the Party, a PPP official said. Djafar Badjeber, who heads the chapter's division for winning elections, said voters now were more critical than in the 1992 election. "Many refuse to be talked into voting for a party," Djafar, a city councilor, said yesterday.

ASEAN CCI

ASEAN CCI Correction: A European Commission representative in a photo caption on this page yesterday was mistakenly identified as former Australian ambassador to Indonesia Bill Morrison. It should have read Ambassador Klauspeter Schmallenbach, head of the representation of the European Commission in Indonesia. We apologize for the error. -- Editor

Bintang wants new chief prosecutor

Bintang wants new chief prosecutor JAKARTA (JP): Dissident politician Sri Bintang Pamungkas, under investigation for allegedly disseminating antigovernment messages, fought back from his cell at the Attorney General's Office yesterday by demanding an investigating prosecutor be dismissed.

Dangerous nightspots face heavier sanctions

Dangerous nightspots face heavier sanctions BOGOR (JP): The city fire agency intends to impose legal sanctions against nightlife establishments which do not have safety equipment to deal with fires, an official said yesterday. The head of the agency's public participation division, Jhoni Pangaribuan, said most establishments here lack fire safety fixtures such as fire exits. A 1992 city rule details requirements of a building's safety fixtures.

Where to go in Bandung:

Where to go in Bandung: Music and Entertainment * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), Monday to Wednesday, 5:30 p.m. to 8 p.m., Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m., Mixed Voices Accapela (Singer) and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m., Andi (Piano), Friday and Sunday, 5:30 p.m. to 8 p.m., Imelda (Piano), Friday, 8:30 p.m. to 11 p.m., Juli (Pianist), 5 p.m. to 10:30 p.m. * International Imperium Hotel, Jl. Dr. Rum No.

Stewardess reported missing

Stewardess reported missing JAKARTA (JP): A Garuda Indonesia international flight stewardess has been reported missing since her last flight Sunday, police said yesterday. She was last seen being picked up by a man at Soekarno-Hatta International Airport, police said. The police said they were still investigating and that her family reported her missing Tuesday. Unofficial reports said the man took her to a hotel in South Jakarta. Police refused to confirm this.

Sudharmono book launch

Sudharmono book launch JP/afs JAKARTA (JP): Former vice president Sudharmono (left) launched an autobiography and a compilation of biographies on him at his home last night. The books are Sudharmono SH, Pengalaman dalam Masa Pengabdian (Sudharmono SH, Experiences of Service) and Kesan dan Kenangan dari Teman, 70 Tahun Sudharmono (Friends' Views, H. Sudharmono SH Turns 70).

'Gulf pilot had heart attack'

'Gulf pilot had heart attack' DUBAI (AFP): The British pilot of a Gulf Air Airbus A-320 which skidded off a runway at Abu Dhabi airport, leaving 86 passengers injured, had a heart attack during takeoff, an aviation source said yesterday. The source, who declined to be identified, told AFP that the co-pilot of the plane was forced to grab the controls after the pilot, Simon Frank, suffered a heart attack and tried to abort the takeoff.

ASEAN unity vital: Soeharto

ASEAN unity vital: Soeharto JAKARTA (JP): President Soeharto has called on ASEAN to remain united in the face of liberalized global trade. "If Southeast Asian nations are unable to remain united, we will lose the available opportunities," Soeharto said in his opening address at the first ASEAN Business Summit. He said the two-day summit would further promote cooperation between ASEAN's business communities and help prepare for ASEAN free trade in 2003.

Thai army chief talks with Myanmar over refugees' return

Thai army chief talks with Myanmar over refugees' return MAE SOT, Thailand (AFP): Thai army chief Chetta Thanajaro crossed into Myanmar yesterday to discuss border conditions and the return of 100,000 mostly ethnic Karen refugees when fighting in the region stops. Chettha met generals Maung Aye, head of Myanmar's military, and Khin Nyunt, first secretary of the Myanmar junta, a day after a Thai foreign ministry statement called for the return of the refugees as soon as fighting stops.

'Caltex could delay RI becoming net oil importer'

'Caltex could delay RI becoming net oil importer' JAKARTA (JP): PT Caltex Indonesia, the biggest oil producer in Indonesia, said yesterday it could delay Indonesia becoming a net oil importer by eight years by using new technologies. "Caltex will be able to exploit more oil with new technologies and we are optimistic the country shall not become a net importer oil before 2015," the company's corporate public affairs vice president Untung Suryanto said at the launch of the firm's new logo.

Delay on nuclear plant development hailed

Delay on nuclear plant development hailed JAKARTA (JP): Legislators hailed yesterday the government's intention to push back the construction of a nuclear power plant to 2020 or 2030, but environmentalists remain cautious over the announcement.

Singapore dollar falls to 18-month law

Singapore dollar falls to 18-month law SINGAPORE (AFP): The Singapore dollar has plunged to levels unseen in 18 months against the U.S. dollar amid market speculation that the government here prefers a weaker currency to boost exports. But most analysts, while defending their long-term uptrend forecast for the robust Singapore unit, say the fall has stemmed from the greenback's aggressive climb against major currencies.

Child abuse claims at Bogor safari park

Child abuse claims at Bogor safari park JAKARTA (JP): Supervisors at the famous safari park near the West Java town of Bogor have abused child laborers, two underaged workers who escaped claimed yesterday. Vivi and her unnamed coworker fled to Semarang and notified National Commission on Human Rights member Muladi of their plight at the park. Muladi said that both were underaged and could no longer withstand the harsh treatment by supervisors the two children refused to name.

ASEAN still attracts investors

ASEAN still attracts investors JAKARTA (JP): Former U.S. state secretary Alexander M. Haig said yesterday ASEAN would remain attractive for investors provided it maintained high economic growth. Speaking at the first ASEAN business summit, Haig said ASEAN's economic growth was unmatched anywhere in the world and would be so until early next century.

Woman hypnotized

Woman hypnotized JAKARTA (JP): A thief hypnotized a woman, 24 year-old Nurilah, and ran away with Rp 3.5 million (US$1,458) in cash yesterday, her uncle said. Abdul Kadir said he reported the incident to the Palmerah police precinct in West Jakarta, hoping the police would catch the thief.

Hospital catches fire in earthquake

Hospital catches fire in earthquake MANILA (Reuter): An earthquake measuring 7.0 on the Richter scale hit the southern Philippine island of Mindanao yesterday, triggering a fire that damaged a hospital building but leaving no casualties, officials said. The third floor of the Capital College General Hospital in Cagayan de Oro City, about 750 kilometers south of Manila, was destroyed in the fire caused by an electrical short-circuit during the earthquake, fire investigator Maximo Carreon said.

RP sugar glut seen easing with import ban

RP sugar glut seen easing with import ban MANILA (Reuter): The Philippine sugar sector, now soaking from a glut due to over importation at cheaper prices, got a reprieve yesterday after the government extended an import ban up to July this year. "We have extended the sugar import ban to July, at which time we expect the glut to have eased," Sugar Regulatory Administration (SRA) chief Wilson Gamboa told reporters at a news conference.

RI to be one of five largest economies by 2019: Hartarto

RI to be one of five largest economies by 2019: Hartarto JAKARTA (JP): Indonesia will be one of the world's five biggest economies by 2019 when its current 25-year development plan ends, Coordinating Minister of Production and Distribution Hartarto said yesterday. He told the first ASEAN business summit that Indonesia had experienced growth of over 7 percent a year in the first three years of the current 25-year development program and would maintain high growth.

Analyst calls for more state firms consolidations

Analyst calls for more state firms consolidations JAKARTA (JP): State-owned companies should carry out huge consolidation measures in order to survive in an increasingly global free trade, an analyst said yesterday. The director of the Indonesian Business Data Center, Christianto Wibisono, said consolidation measures were necessary to create a strong synergy between state-owned companies.

'Editorial board legally responsible for content'

'Editorial board legally responsible for content' JAKARTA (JP): The director of the Jakarta-based Dr. Soetomo Press Institute said on the witness stand in the Suara Independen trial yesterday the magazine's editorial board was responsible for the publication. Atmakusumah said the South Jakarta District Court must find out who was on the editorial board although the (unlicensed) magazine, Suara Independen, carried no masthead listing board members.

Quake victims coming home

Quake victims coming home MAUMERE, East Nusa Tenggara: Hundreds of the 1992 quake evacuees who had been living in the Sikka regency are streaming back to Babi Island, 23 miles north of here, in the belief the island is finally safe. Two thousand five hundred people were killed in the quake that triggered widespread tidal waves throughout the archipelagic province. All the survivors of Babi Island's 15,000 population were evacuated.

Official says Busang causes investors concern

Official says Busang causes investors concern TORONTO (Reuter): A top Indonesian mining official said on Tuesday that the recent battle over the huge Busang gold deposit in East Kalimantan has caused some uncertainty among foreign investors in Indonesia.

Ramos returns from 10-day tour

Ramos returns from 10-day tour MANILA (AFP): President Fidel Ramos arrived in the Philippines yesterday after a 10-day, five-nation tour through South Asia and the Middle East which he said had expanded the country's export and investment potential.

Broadcasting Law to improve treatment of women?

Broadcasting Law to improve treatment of women? By Lucia Esti Elihami YOGYAKARTA (JP): Television, along with radio and other means of broadcasting, has an increasing influence on Indonesian society today. The recent endorsement of the Broadcasting Law by the House of Representatives, may thus bring forth an expectation that society will be further protected from the negative excesses of the ever-growing influential power of the broadcasting media.

Fiat enters India

Fiat enters India NEW DELHI (AFP): Indian government yesterday cleared a plan by Fiat SpA of Italy to manufacture a passenger car model in India, a government spokesman said. The spokesman said Fiat will hold a majority stake of 74 percent equity in the joint venture company which has local Premier Automobile Ltd. as the partner. "The project will be to make a new passenger car in India," he said. Fiat SpA has already an existing agreement with PAL to make its Uno models here.

Argo Pantes' investment

Argo Pantes' investment We refer to the article Argo Pantes doubles annual capacity to 24 million yards (March 3, 1997). We would like to inform you that an incorrect statement made by Mr. Chan Wing Wah was printed on the article. The fifth paragraph: "For this year, machinery restructuring in our spinning industry will involve an investment of US$35 million," said Chan.

KL asks Lee to drop criticism

KL asks Lee to drop criticism KUALA LUMPUR (AFP): Malaysia yesterday demanded Singapore Senior Minister Lee Kuan Yew retract criticism of the southern state of Johor which he said was "notorious for shootings, muggings and car-jackings." Foreign Minister Abdullah Ahmad Badawi told a news conference that the cabinet discussed Lee's remarks made in a legal document and demanded that Lee tender a public apology.

Gymnasts to compete overseas before Games

Gymnasts to compete overseas before Games JAKARTA (JP): Local gymnasts will compete overseas in the lead-up to the 19th SEA Games, the secretary-general of the Indonesian Gymnastics Association (Persani) said yesterday. Sri Hastuti Merdiko said five of the SEA Games squad's 31 gymnasts would be sent overseas.

Bureaucracy affects press language

Bureaucracy affects press language By Ignas Kleden JAKARTA (JP): A seminar titled "The role of the mass-media in promoting the Malay-Indonesian language" recently examined bureaucracy and its influence on language and the media. The seminar, organized by the Association of Indonesian Journalists (PWI) and featuring experts from Malaysia and Brunei Darusalam, was held in Bandar Seribegawan on March 3-4.

Indofood to cuts purchase price

Indofood to cuts purchase price JAKARTA (JP): The Salim Group's publicly listed Indofood Sukses Makmur has cut the price of buying its sister companies from Rp 1.7 trillion to Rp 1.5 trillion (US$633 million). The company's chief executive officer, Eva Riyanti Hutapea, said yesterday the Rp 200 billion reduction was because the cost of its oil palm plantation purchase had been cut. She said the price for oil palm plantations was reduced from Rp 1.25 trillion to Rp 1.05 trillion.

Growing living costs

Growing living costs From Merdeka We were informed recently that Indonesia's population has now reached 200 million souls. State Minister of Population/Chairman of the National Family Planning Board Dr. Haryono Suyono had been anticipating the birth of the country's 200 millionth citizen. The 200 millionth baby was named by the President himself. It was, of course, a joyful event for all of us.

Where to go in Jakarta:

Where to go in Jakarta: Music * Radisson Hotel, Jl. Pecenongan 72, Central Jakarta: - Lobby Lounge Bar; Vino on Bass and Yudi on Piano, Mona and Nongky (Singers), Monday to Saturday, 6 p.m. to 10 p.m. * Ancol Travelodge, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m. to 3 p.m. - No.

House ratifies SE Asia nuclear weapon treaty

House ratifies SE Asia nuclear weapon treaty JAKARTA (JP): Indonesia ratified yesterday the Southeast Asia Nuclear Weapons Free Zone Treaty, thus becoming the decisive seventh country needed for the treaty's implementation. The final procedures went smoothly as all four factions of the House of Representatives endorsed the agreement. The House, pushed by the government, had raced to pass the treaty to ensure Indonesia was one of the first seven countries to ratify it.

RI cruises to Fed Cup qualifying semifinals

RI cruises to Fed Cup qualifying semifinals JAKARTA (JP): Indonesia's Federation Cup tennis team cruised to the Asia Oceania Qualifying Group I semifinals by eliminating India 3-0 yesterday in round-robin matches in Wellington, New Zealand. Third-seeded Indonesia is scheduled to meet first-seeded Chinese Taipei, which beat New Zealand 2-1, today to decide the winner of Group A.

Phone disruptions in Cipondoh

Phone disruptions in Cipondoh JAKARTA (JP): The road widening project on Jl. Raya Cipondoh and its surrounding areas in Tangerang, west of here, will disrupt telephone lines beginning with 551, 552, 553 and 554 prefixes, state-owned PT Telkom said. A statement from the company made available Tuesday said the road widening project took place at the Cipondoh junction, Jl. Sudirman and the Alam Indah housing estate had forced Telkom to alter its cable network.

Malaysian minister urges ASEAN to form consortia

Malaysian minister urges ASEAN to form consortia JAKARTA (JP): Malaysia's Minister of International Trade and Industry, Rafidah Aziz, has called on ASEAN's business communities to form ASEAN consortia to enter developed markets and attract large international players as partners. Speaking at the first ASEAN Business Summit yesterday, Rafidah said that after the ASEAN Free Trade Area (AFTA) came into effect in 2003, businesses should develop new ASEAN schemes to boost and complement AFTA.

BI lowers discount rate

BI lowers discount rate JAKARTA (JP): The central bank, Bank Indonesia, has lowered its discount rate for short-term money market securities (SBPU) yesterday by 50 basis points. The central bank did not announce the cut but money dealers said the key rate for one-week securities was cut to 14.75 percent, for two-week securities to 15 percent and for one-month securities 15.50 percent. SBPUs are short term securities purchased by the central bank to inject liquidity into the banking system.

Sawah Besar residents want higher land compensation

Sawah Besar residents want higher land compensation JAKARTA (JP): Residents of the Sawah Besar district in Central Jakarta asked the city council Tuesday for higher compensation for land appropriated for a planned river widening project. The project in the Gunung Sahari Utara subdistrict is to improve river flow. Around 90 homes on Jl. Rajawali Selatan will be demolished to make way for the project.

Art events

Art events Painting Exhibition by Krijono at Duta Fine Arts Foundation, Jl. Kemang Utara 55A, South Jakarta, Ph. 7990226. March 9 through March 30 (10 a.m. to 7 p.m. Tuesdays to Saturdays, 11 a.m. to 4 p.m. Sundays and Mondays). Krijono is known for his flashy and colorful paintings of Balinese figures. He has been surrounded by artworks since childhood because his father was an art dealer.

PDI banners burned

PDI banners burned SEMARANG: People claiming to be Indonesian Democratic Party (PDI) activists frustrated by the party's interminable leadership conflict have burned hundreds of PDI banners in the Blora regency. But local PDI leaders doubt that those who burned the banners were really PDI activists and they urged the police to investigate the incident.

Harmoko tour reveals region's political color

Harmoko tour reveals region's political color By Ainur R. Sophiaan JAKARTA (JP): Minister of Information Harmoko has made it clear time and again that his annual Ramadhan safari is meant to disseminate information about national development and gauge the grassroots' response to it.

New telephone line

New telephone line We thought that an extra telephone line would be a good idea, especially as PT Telkom was offering a special low price for new lines in our area. Our new line was operational on Jan. 29, 1997 but when we went to pay the bill we were told that we had not paid for two months (November and December 1996). The matter was eventually solved, but only after a lot of hassles. We had to pay the bill first and later received a refund.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March 12, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 70,500 Alumindo Light Metal 1,200 -25 345,000 Alumindo Perkasa 775 0 0 Andayani Megah 1,025 0 78,500 Aneka Kimia Raya 1,300 25 598,500 Anwar Sierad 1,925 75 577,500 Aqua Golden Mississippi 5,000 -100 22,500 Argha Karya Prima Industry 3,525 -25...

Politicians agree Constitution forbids opposition

Politicians agree Constitution forbids opposition JAKARTA (JP): Politicians and observers agreed yesterday the 1945 Constitution did not recognize opposition, but some of them underlined the need for greater democratization. They were responding to President Soeharto's statement on Tuesday that Indonesia had no room for opposition and that critics of his government did not understand the basics of the country's political system.

Local judokas aim to learn from world championship

Local judokas aim to learn from world championship JAKARTA (JP): Indonesia's best judokas, Kresna Bayu and Aprilia Marzuki, expect to learn a lot at the World Judo Championships in Warsaw, Poland, on March 14 and March 15. "I want to learn the European style because I have studied Asian style. It's been my dream to practice in Europe," said Bayu, who won two golds at the 1995 SEA Games in Chiang Mai, Thailand. "European judokas dominate the world now.