Indonesian Political, Business & Finance News

Archive: 8 March 1997

64 articles found

Muhammadiyah warns

Muhammadiyah warnsFrom Media IndonesiaIn the plenary session of the meeting held in Jakarta on March 3, 1997, executives of the Muhammadiyah Youth expressed their astonishment and at the same time deplored the ongoing controversy over the resignation of Amien Rais from the Expert Council of the...

Bowling association undecided on venue for SEA Games

Bowling association undecided on venue for SEA Games JAKARTA (JP): With two bowling centers under construction and another being renovated, the Indonesian Bowling Association is yet to decide which to use for October's 19th SEA Games.

Joop sworn in new staff

Joop sworn in new staff JAKARTA (JP): The Minister of Tourism, Post and Telecommunications, Joop Ave, swore in 11 new officials at his office yesterday including Tjetjep Suparman who replaced Sugardjito as ministry spokesman.

Minangkabau traditional law

Minangkabau traditional lawFrom Forum KeadilanI am responding to a news item published in the magazine Forum Keadilan on Jan. 27, 1997, which reported on a court case in Padang. The prosecutor charged lawyer H. Djanas Raden Dt. Bandaro Kuniang with fraud and false documentation.

AusAID aids East Timor

AusAID aids East Timor JAKARTA (JP); Cooperation between the Indonesian government and the Australia Agency For International Development (AusAID) in the Agricultural and Regional Planning Assistance Program (Arpapet) in East Timor has been extended until December 1998.

Bakrie to sell Arutmin stake within two months

Bakrie to sell Arutmin stake within two months JAKARTA (JP): Bakrie and Brothers Group said Thursday it was optimistic the sale of its 20 percent stake in East Kalimantan coal mining firm PT Arutmin Indonesia could be signed within the next two months.

Illegal terminal

Illegal terminalFrom KompasPeople living in front of the Christian University (UKI), opposite the Bogor toll road, have had to cope for years with the congested condition of the road due to an extended line of parked inter-island buses. The location of this "terminal" takes up all of Jl. Major Gen.

Regional autonomy for liquor distribution

Regional autonomy for liquor distribution JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. issued yesterday a decree which strives to give provincial and regional administrations greater autonomy on the control of liquor sales and distribution.

Better protection for women workers sought

Better protection for women workers sought JAKARTA (JP): Ten activists from a women's group held a peaceful demonstration outside the office of State Minister of Women's Roles Mien Sugandhi, demanding better work conditions for Indonesian women working overseas.

Desperate legislators seek human rights body's help

Desperate legislators seek human rights body's help JAKARTA (JP): Learning that their recent complaints over the heavy load of so many government-sponsored bills to be processed have been ignored, legislators of the Indonesian Democratic Party (PDI) faction asked yesterday for a helping hand from...

SE Asian central banks boost yen reserves

SE Asian central banks boost yen reserves TOKYO (Reuter): Some Asian central banks are quietly but steadily dumping U.S. dollars and German marks for the yen in order to boost the Japanese currency portion of their foreign exchange reserves, senior Japanese bankers say.

Importers call for new customs arbitration body

Importers call for new customs arbitration body JAKARTA (JP): The business community has said the government should set up a customs arbitration body to anticipate the new Law on Customs and Excise which will come into effect April.

Four rob Central Jakarta family of Rp 104 million

Four rob Central Jakarta family of Rp 104 million JAKARTA (JP): Police are hunting four burglars who tied up a Central Jakarta couple and their three servants before stealing cash and jewelry worth Rp 104 million (US$43,333).Central Jakarta Police Chief Lt. Col. M.

ITB, Freeport cooperate

ITB, Freeport cooperate BANDUNG: The Bandung Institute of Technology (ITB) and PT Freeport Indonesia have agreed to cooperate seeking ways to solve industrial problems concerning the giant mining company's operation in Irian Jaya.

Apkindo to increase panel wood production

Apkindo to increase panel wood production JAKARTA (JP): The Association of Indonesian Wood Panel Producers, Apkindo, said yesterday domestic wood panel production would this year reach 10.5 million cubic meters.Executive Chairman A.

Consumer protection needed

Consumer protection needed JAKARTA (JP): Jakarta's livestock policy will shift from animal breeding to consumer protection because of the city's dependence on supply from outside areas, an official of the Ministry of Agriculture said.

Suwito confident of WBF defense

Suwito confident of WBF defense JAKARTA (JP): World Boxing Federation (WBF) welterweight title holder Suwito Lagola of Indonesia is confident of retaining his title in a fight against Frank Pena of the United States here on April 17.

110 golfers to play at Bukit Darmo

110 golfers to play at Bukit Darmo JAKARTA (JP): One hundred and ten professional and amateur golfers will compete in the Bukit Darmo Golf Open in Surabaya, East Java, from March 19 to March 22.Tournament director Avie Oetomo said in Surabaya on Thursday that golfers at the tournament, at the Bukit...

Pepsi, Garuda sign deal

Pepsi, Garuda sign deal JAKARTA (JP): PT Pepsi Cola Indobeverages, the Indonesian subsidiary of Pepsi Cola International, signed here an accord with the national air carrier Garuda Indonesia yesterday in a move to grab a bigger share of Indonesia's growing beverage market.

A subway for Jakarta

A subway for Jakarta Although many details still have to be worked out, Jakarta's dream of finally getting a mass rapid transportation system to relieve it of its perennial traffic woes appears to have come a good step closer to becoming reality.

No manpower problem in developing Busang

No manpower problem in developing Busang BANDUNG (JP): PT Freeport Indonesia says it will face no problem recruiting workers to develop the Busang gold mine in East Kalimantan and to expand its gold mine in Irian Jaya.

Pollution haunts villagers' livelihood

Pollution haunts villagers' livelihood JAKARTA (JP): Farmers and fishermen of a village in Pekalongan, Central Java, reported yesterday that toxic industrial waste from factories has threatened their livelihood.

Has Amien Rais overstepped government bounds?

Has Amien Rais overstepped government bounds? The resignation of Amien Rais from the chairmanship of the Council of Experts of the influential Association of Indonesian Moslem Intellectuals (ICMI), has caused an uproar partly due to the controversy leading to his resignation.

'Armed Forces should not stick to the past'

'Armed Forces should not stick to the past' Recent reports on the socio-political roles of the Armed Forces by the National Institute of Sciences (LIPI) have drawn a wide response. Dewi Fortuna Anwar, senior researcher at the institute and also at the Center for Information and Development Studies,...

Meeting between governor and parties halted

Meeting between governor and parties halted JAKARTA (JP): A meeting between the governor and the chairmen of the city chapters of two political parties and Golkar was canceled due to the absence of the United Development Party (PPP) chairman, Rusjdi Hamka.

Ostrich-farming venture growing

Ostrich-farming venture growingBy Yacob Herin KUPANG, East Nusa Tenggara (JP): If anyone jumped for joy on hearing the recent news about the "mad cow" scare in Britain, it would have been PT Royal Timor Ostrindo executives.

MAS to buy new planes

MAS to buy new planes SEATTLE, Washington (AFP): Malaysia Airlines plans to order up to 15 of the Boeing 777-200X, a twin-engine, long-haul carrier the company is considering developing, Boeing announced here Thursday.

Sinar Mas seeks waivers

Sinar Mas seeks waivers SINGAPORE (Reuter): Indonesian white-knight Sinar Mas Group is seeking 12-month payment waivers from all creditors of troubled Amcol Holdings from the time it lists the replacement company, sources close to the deal said yesterday.

Soeharto for kids helping parents

Soeharto for kids helping parents JAKARTA (JP): President Soeharto said yesterday that Indonesian children working to help their parents were not the same as what Western countries regarded as child labor.

Bintang promises to fight on from behind bars

Bintang promises to fight on from behind bars JAKARTA (JP): Rebel politician Sri Bintang Pamungkas vowed yesterday that he would continue to lead the struggle of his Indonesian Democratic Union Party (PUDI) if he goes to jail."My arrest could not suppress PUDI's activities," Bintang told reporters.

New farming system get mixed results

New farming system get mixed results JAKARTA (JP): Local agricultural research agencies have found they got mixed productivity results when using the conservation tillage technology system on rice farms in four provinces.

Vendors benefit from non-bank loans

Vendors benefit from non-bank loansBy Joko Sarwono The government has created a number of credit schemes for small business owners. But while banks were still stumbling along in their catering for small loans, Moslem businessmen in 1992 set up a non-banking institution, the Baitul Maal wat Tamwiil,...

Touch rugby meet here

Touch rugby meet here JAKARTA (JP): Touch rugby in Indonesia marks another chapter in its short but exciting history today with the staging of the 1997 Jakarta Touch Rugby Club (JTRC) Invitational Tournament.

WB considering waiving debt-prepayment premium

WB considering waiving debt-prepayment premium JAKARTA (JP): The World Bank is considering waiving the premium for Indonesia's repayment of its debts to the bank ahead of schedule.The new World Bank vice president for East Asia and the Pacific, Jean Michel Severino, said yesterday the bank welcomed...

Govt to protect local palm oil firms

Govt to protect local palm oil firms JAKARTA (JP): The State Minister for Investment, Sanyoto Sastrowardoyo, has said the government might totally close oil palm plantations to foreign investors."The measure may be needed to protect local palm oil plantation companies," he was quoted by Antara as...

Venture capital firms help small entrepreneurs

Venture capital firms help small entrepreneursBy Prapti Widinugraheni YOGYAKARTA (JP): Dirman is a salak (snake fruit) farmer who owns a well-established a salak farm on several hectares in Sleman, Yogyakarta.

Foreigners invited to see polls

Foreigners invited to see polls JAKARTA (JP): The government is breaking new ground in the May general election by allowing foreigners to observe the polls.Minister of Home Affairs Moch. Yogie S.M., who also chairs the General Election Institute, guaranteed yesterday that foreign observers will...

Arief Budiman, a too-honest scholar

Arief Budiman, a too-honest scholarBy Yenni Kwok JAKARTA (JP): "Maybe I am too honest," Arief Budiman, a scholar known for his critical commentaries on social and political issues, said recently after learning his plan to go to Australia might be delayed by up to six months.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 7, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 8,000 Alumindo Light Metal 1,225 -25 145,500 Alumindo...

No hero's burial for Marcos: Ramos

No hero's burial for Marcos: Ramos MANILA (AFP): Philippine President Fidel Ramos ruled out yesterday a hero's burial for the remains of the late dictator Ferdinand Marcos, his distant cousin, the presidential palace said here.

Foreign tourists have no insurance

Foreign tourists have no insurance DENPASAR, Bali: An average of 60 foreign tourists die in Bali each year, with nearly 90 percent of them not covered by insurance, Antara reported Wednesday.Consequently, according to Ari Murti, the head of the state- owned insurance company PT Jasa Raharja...

Corruption eruption shakes every region of the globe

Corruption eruption shakes every region of the globeBy Jonathan Power LONDON (JP): It is mind-boggling that President Bill Clinton, commander-in-chief of the world's one remaining superpower, might dare to risk his country's self-interest in financial and political prudence.

WB's funds to end CFC use

WB's funds to end CFC use JAKARTA (JP): The World Bank has granted Indonesia funds worth US$1.56 million to abolish the use of chlorofluorcarbon (CFC) which causes the depletion of the ozone layer, chairman of Indonesian Foam Manufacturers Association (AFI), Antonio M Go, said.

Wynne reaches Blenheim semis

Wynne reaches Blenheim semis JAKARTA (JP): Indonesia's Wynne Prakusya will challenge first- seeded Li Chen of China in today's semifinals after beating Marisue Jacutin 6-2, 6-1 yesterday in the third round of the Ansett Women's International Tennis Event in Blenheim, New Zealand.

An expert questions special military tribunal

An expert questions special military tribunal JAKARTA (JP): A constitutional-law expert questioned yesterday the inclusion of a special military tribunal in a military tribunal bill now being deliberated in the House of Representatives.

Thai weathers storm as run on deposits eases

Thai weathers storm as run on deposits eases BANGKOK (Reuter): Thailand appeared yesterday to be weathering its financial storm with a run on deposits at troubled finance firms slowing and the IMF expressing confidence in Thai authorities' handling of the economy.

Bakrie to list its infrastructure units

Bakrie to list its infrastructure units JAKARTA (JP): Bakrie and Brothers plans to float its telecommunication and infrastructure units on the local stock exchanges in 1998.The group's chairman, Aburizal Bakrie, said the listing was part of the group's restructuring.

PT Indosat cancels plan to sell shares

PT Indosat cancels plan to sell shares JAKARTA (JP): State-owned international telecommunications firm PT Indosat has canceled its plan to sell some of its shares in digital cellular operator PT Telkomsel, sources said yesterday.

Korpri: Government body or state apparatus?

Korpri: Government body or state apparatus?By Ignas Kleden JAKARTA (JP): The debate on the role of the Indonesian bureaucracy was enlivened at a seminar at the department of political and area studies of the National Institute of Sciences (LIPI) on Feb. 26.

Serious drives fail to curb dengue cases

Serious drives fail to curb dengue cases JAKARTA (JP): Despite serious efforts and drives to curb dengue fever, 7,081 dengue cases were recorded in the city last year, an official said.Aslan Lasman, the head of the city's health agency, said yesterday that the number was much higher than the...

Consortium negotiating for troubled Bank Pacific

Consortium negotiating for troubled Bank Pacific JAKARTA (JP): A consortium comprising the Bakrie, ALatieF and Pentasena groups is negotiating with the shareholders of troubled Bank Pacific on the terms for a takeover.

Tribal clashes leave three dead

Tribal clashes leave three dead JAYAPURA, Irian Jaya: Three people have been killed and five others injured in tribal clashes which started Thursday in Kwamki Lama village, north of mining town Timika, Antara reported yesterday.

Yellow wallets upset citizens

Yellow wallets upset citizens SEMARANG (JP): The political war of colors in Central Java has reached into citizens' pockets. Wallets are the latest object to fall victim to colors.Many townspeople are outraged at the latest policy to issue yellow -- government-backed Golkar's color -- wallets for...

Children's painting exhibition reveals lack of creativity

Children's painting exhibition reveals lack of creativityBy Yenni Kwok JAKARTA (JP): Behind the bright colors and happy, smiling faces it is that clear Indonesian children lack the creativity and boldness to try something different ... at least compared to their Japanese counterparts.

Indonesia buys aluminum as China waits on copper

Indonesia buys aluminum as China waits on copper SINGAPORE (Reuter): Indonesian aluminum purchases have risen sharply recently while Chinese copper buyers are waiting on the sidelines for a dip in current high copper prices on the London Metal Exchange (LME), traders said yesterday.

Venture capital body

Venture capital body JAKARTA (JP): The Minister of Finance, Mar'ie Muhammad, said yesterday the government would help establish a venture capital monitoring body to oversee the operation of Indonesia's 20 venture capital firms.

Gary Daverne, NCO preparing classical night of Dvorak

Gary Daverne, NCO preparing classical night of Dvorak JAKARTA (JP): Classical music lovers can once again watch the Nusantara Chamber Orchestra (NCO) in action at the Gedung Kesenian Jakarta on Tuesday (March 11) at 8 p.m.

Eight more people test HIV positive

Eight more people test HIV positive JAKARTA (JP): A Ministry of Health official said yesterday the number of HIV/AIDS carriers had increased by eight persons, bringing the total from 509 early February to 517 early this month.Director General of Communicable Diseases Hadi M.

Teachers and students end strike

Teachers and students end strike JAKARTA (JP): The striking teachers of the Ksatrya school in Central Jakarta ceased the boycott they began Feb. 28 and started giving lessons yesterday.Some 32 teachers of the economics and management high school went on strike for six days over the dismissal of...

New DPR building to be used

New DPR building to be used JAKARTA (JP): Speaker of the House of Representatives H. Wahono will officiate at the opening of the new House of Representatives' (DPR) building on Jl. Gatot Subroto, South Jakarta, on Tuesday.A leather shadow puppet (wayang kulit) show performed by puppeteer Manteb W.

Celebrating India's independence day

Celebrating India's independence day I am writing in reference to the article (March 6) on India's Independence day celebrations on Feb. 22, 1997 at Erasmus Huis, Jakarta.The article overlooked a number of important details of the program and did not include the main idea and theme behind the...

Trailing ABRI's future political role

Trailing ABRI's future political roleBy C.P.F. Luhulima JAKARTA (JP): The National Institute of Sciences recently produced a report saying "ABRI needs to reduce its political role". The details of this report were published in The Jakarta Post (Feb. 25).

Where to go in Jakarta:

Where to go in Jakarta:Music * 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.

DPR and nuclear power law

DPR and nuclear power law The House of Representatives (DPR) has ratified the nuclear power bill into law despite the presence of less than 75 House members. We all know that of the 500 House members at least 251 should attend a session in order to meet the quorum.