Indonesian Political, Business & Finance News

Archive: 10 April 1997

56 articles found

Increasingly savage

Increasingly savage From Merdeka I am horrified to read of the savage and ruthless behavior of the soccer-playing public and would think twice before watching a soccer match in the Menteng stadium in Central Jakarta or the Benteng stadium in Tangerang. I am worried that I would become a victim of the anger of spectators who are dissatisfied with their team's performance. The savage behavior has spread to every corner of the country.

Construction work hampers shooting training program

Construction work hampers shooting training program JAKARTA (JP): The SEA Games shooting team has stopped training at the Senayan range because the athletes village underground parking lot is being built next to it. Anthony Sunarjo, the secretary-general of the Indonesian Shooting and Hunting Association, said that part of the range would have to be torn down during construction of the car park. Construction would also disrupt the concentration of those training at the range.

Aseam Bank's ex-director testifies

Aseam Bank's ex-director testifies JAKARTA (JP): A retired director of a private bank has testified that his bank had been used by five defendants on trial for a Rp 7 billion (US$2.9 million) fraud. The former director of Aseam Bank, Muda Siregar Siagian, said Tuesday he was only aware of the scandal after he was informed by a staff member at Bank Indonesia, the central bank. Two of the five defendants tried at the Central Jakarta District Court were BI employees.

Middle class apartment market seen promising

Middle class apartment market seen promising JAKARTA (JP): A developer said it would build more apartments for the middle class as it was a rapidly growing market. Sarkoro Handajani, marketing director of the Putra Surya Perkasa group (PSP), said on Monday the company would survey how many middle class people would actually want to live in apartments.

The 1997 poll: A cultural event?

The 1997 poll: A cultural event? By Arief Budiman SALATIGA, Central Java (JP): On May 29, Indonesia will have not one, but two general elections. The first one will be run by the government. The second one will be run by the people. Let me elaborate. The first general election, the government-run general election, will pit three contestants in a race for legislative seats: Golkar, the United Development Party (PPP) and the Indonesian Democratic Party (PDI).

Komodo Airways: Fun lair with a heart

Komodo Airways: Fun lair with a heart It's not often that a restaurant gets its inspiration from such a preposterously ugly creature like the komodo. You just have to agree that the slimy gigantic lizard you see protruding from one side of the Atlet Century Senayan Hotel doesn't inspire much ... appetite. So far, the only other animal-meets-building exterior I can recall of Jakarta's restaurant scene was that huge shark that plunged right into the roof of one restaurant on Jl.

Gulf confirms gas find in south central Sumatra

Gulf confirms gas find in south central Sumatra CALGARY (Reuter): Gulf Canada Resources said on Tuesday it completed a well in Indonesia that confirmed an extension of a gas-rich geological structure previously estimated to harbor 900 billion cubic feet of proved and probable reserves. Gulf Canada said the well, Tetangga-1, confirmed the extension of the Sumpal structure in its Corridor Block Production Sharing Contract area in south central Sumatra.

BDNI launches Visa card

BDNI launches Visa card JAKARTA (JP): Bank Dagang Nasional Indonesia (BDNI), a publicly listed commercial bank, has launched the BDNI Visa Gold and Classic credit cards with an issuing target of 75,000 cards this year. Raymond Lukas, general manager for marketing of the bank's card center, said Tuesday that the bank is trying to grab an opportunity in the retail market since the economy is growing by around 7 percent per year.

Many students lose uniforms, books in Sawah Besar fire

Many students lose uniforms, books in Sawah Besar fire JAKARTA (JP): Many children whose homes were destroyed in the Sawah Besar fire in Central Jakarta cut school as their books, uniforms and money had gone up in smoke. At least 200 students, 120 of whom were primary school students, were among thousands made homeless in Kartini subdistrict.

ABRI faces dilemma in quelling unrest

ABRI faces dilemma in quelling unrest SURABAYA (JP): The Indonesian Armed Forces (ABRI) admitted to experiencing self-doubt when it had to immediately quell social unrest in various parts of the country. "We find this dilemmatic," admitted Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid. "If we move to handle something too quickly, we are then accused of interfering.

Tunas improves liquidity

Tunas improves liquidity JAKARTA (JP): The founders of publicly-listed PT Tunas Ridean will sell 14.5 million shares or 15.6 percent of the company to the public to improve the stock's liquidity. The company's founders, PT Tunas Andalan Pratama, PT Bavarindo Sarana, Anton Setiawan and Suliawati Tjokro, will divest 8.8 percent, 5.5 percent, 0.62 percent, and 0.62 percent respectively. But the company did not say whether the shares would be sold through the stock exchange or placed directly.

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.

Balinese observe Nyepi with usual tolerance

Balinese observe Nyepi with usual tolerance JAKARTA (JP): The Balinese observed Nyepi day, the Hindu Day of Silence, yesterday without light and avoiding all activities. Nyepi day, this year 1919 in the Saka (Hindu) calendar, is when the faithful reflect on their actions of the year before. Hindus meditate in their houses and are prohibited from engaging in any kind of activity including turning on lights, traveling and sex.

BBI told to stop making hoes

BBI told to stop making hoes JAKARTA (JP): President Soeharto has asked state-owned engineering company PT Boma, Bisma, Indra (BBI) to stop producing hoes to avoid a direct competition with small companies. Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya said that BBI should focus its activities on the production of machinery equipment.

Political tension seen as no problem

Political tension seen as no problem JAKARTA (JP): The warming political situation ahead of the general election will not have a big impact on foreign businesses in Indonesia, observers have said. The director of the Indonesian Netherlands Association, Chris Smith, said Tuesday most Dutch businesses in Indonesia felt the current political situation had little effect on their decision- making.

Indolink's services cover 85% of Java

Indolink's services cover 85% of Java JAKARTA (JP): Nationwide beeper operator PT Indolink First Pacific announced Tuesday that it now covered 85 percent the Java island, after finding that people were attracted to use beepers with wide coverage. Company director, Hendarso Hadiparmono, said a survey which was confidentially conducted by a third party but exclusively for Indolink, revealed that radio paging users were attracted to subscribe beeper operators offering wide coverage.

Minister Joop Ave opens 5-star Gran Melia Jakarta

Minister Joop Ave opens 5-star Gran Melia Jakarta JAKARTA (JP): Spanish hotel chain Sol Melia's first grade hotel in Asia, Gran Melia Jakarta, has become fully operational. The five-star hotel, located in the prime diplomatic and business district of Kuningan, South Jakarta, was officially opened Tuesday by the Minister of Tourism, Post and Telecommunications Joop Ave. The 428-room hotel had its soft opening last July.

Improve service at haj dormitory!

Improve service at haj dormitory! From Neraca We have an impression of disorderly service at the Pondok Gede haj boarding dormitory in East Jakarta. This calls for prompt improvement and upgrading. With every haj season, boarding houses are the focus of candidates and their families who arrive from many regions. No haj candidates, or their families, should any longer be inconvenienced by the existing rules in the boarding house. There have been widespread public complaints.

New palm oil plantation

New palm oil plantation JAKARTA (JP): State-owned PT Perkebunan Nusantara (PTPN) XIV will develop 110,000 hectares of palm oil plantations in South, Central and Southeast Sulawesi at a cost of Rp 1.5 trillion (US$638.3 billion). "The palm oil development will be completed in five years," the company's director of human resources and general affairs, Soemeidi, was quoted by Antara as saying in Ujungpandang on Tuesday.

Villagers live 7 years under demolition threat

Villagers live 7 years under demolition threat JAKARTA (JP): Forty-three Bali families have been living for seven years under the threat of having their homes demolished, because they are opposed to the building of a kindergarten in their temple grounds. About 20 representatives of the families from Culik village, in the Karangasem regency, asked the National Commission on Human Rights here Monday to help stop the regency intimidating them.

Learning from Pekalongan

Learning from Pekalongan On Sunday, April 6, renewed rioting hit the town of Pekalongan. Earlier riots occurred in the same town from March 24 to March 26. The case of Pekalongan is noteworthy because it was clearly linked to the upcoming general election, and should teach us a few useful things. First, rivalry between election contestants, unless properly supervised, can lead to disturbances.

Maids turn to prostitutes

Maids turn to prostitutes From Media Indonesia The report that appeared under Detik of Media Indonesia on Feb. 26, 1997, really caught my interest. It was a story on female workers (TKW) in Saudi Arabia. I was truly pleased to have a Minister for the Role of Women who immediately flew to our place of work when she received the report. However, I believe that the Minister did not need to fly out so quickly, as she was only partially successful.

Andrian to defend his WBF title

Andrian to defend his WBF title JAKARTA (JP): Indonesia's Andrian Kaspari is undergoing intensive training as he prepares to defend his World Boxing Federation bantamweight title against Siam Yuthtnakorn here on April 17. "I only had 10 days rest after I captured the WBF title on March 22. Since time is running short, I have to train hard to defend the title," Andrian said after training at the Pirih center in Surabaya on Tuesday.

Eight arrested in fresh riot in Pekalongan

Eight arrested in fresh riot in Pekalongan PEKALONGAN, Central Java (JP): Fresh riots erupted here early Tuesday when an angry mob attacked the housing complex of local government officials, police said yesterday. Pekalongan police chief Col. Solichin told The Jakarta Post that the riot, the fourth to hit the batik coastal town since late March, caused minor damage. Eight rioters were arrested.

Councilor queries limit on supporters

Councilor queries limit on supporters JAKARTA (JP): A councilor said the election rule limiting supporters at a campaign site to only those living in the mayoralty was absurd. Sahala P. Sinaga, secretary to the city chapter of the Indonesian Democratic Party (PDI), said yesterday, it would be impossible for police to determine where a supporter came from. "Police would have difficulty checking all those people," Sahala said.

Indonesian meat ban could be lifted today

Indonesian meat ban could be lifted today SYDNEY (AFP): An Indonesian ban on meat from the Australian state of New South Wales could be lifted as early as Thursday, state Agriculture Minister Richard Amery said yesterday. A spokesman for Amery said the minister would meet Indonesia's director general of animal husbandry, Erwin Tirtawinarta, here today to discuss the ban, which resulted from an anthrax outbreak in neighboring Victoria state.

Komodo population on increase

Komodo population on increase KUPANG, East Nusa Tenggara: The population of Indonesia's protected Komodo dragons has risen to between 325 to 350, the latest surveys say. The head of the Komodo National Park, Bambang Hartono, said his office had found 183 Komodo dragons in the park in Manggarai regency and 172 on Rinca Island. The surveys were done last year. "There should be more Komodo dragons here.

Shot policeman's family may sue police force

Shot policeman's family may sue police force JAKARTA (JP): The family of a policeman shot dead by fellow officers said they would bring the case to court if police accusations of the victim proved wrong. The father of the late Second Sgt. Sofjan Sani told reporters Tuesday they would also report East Jakarta police officers involved in the incident to the National Commission on Human Rights.

Updated folded map at bookstores

Updated folded map at bookstores JAKARTA (JP): Cartographer Gunther W. Holtorf has updated the folded version of the city map, following his 85-page 1997/1998 road directory. The map is now for sale at bookstores for Rp 13,000, and does not include areas around Jakarta. It is published by FALK-Verlag of Hamburg, Germany, and distributed by the PT Djambatan publisher. (anr)

Election jitters

Election jitters With 17 days remaining in the countdown to the election campaign, the country is already gripped with election fever. The campaign does not officially begin until April 27, but the preparations by the three groups contesting in the May 29 general election and the extensive media coverage given to their activities have heightened the political temperature in this country. Whether intended or not, these preparations often smack of electioneering.

Art Events

Art Events Exhibition: Jendela, Mitra Hadiprana, Jl. Kemang Raya 30, South Jakarta. April 5 to April 19 1997 The flamboyant architectural and interior designs of the Graha Cipta Hadiprana firm is documented in this exhibition, staged in the firm's own Mitra Hadiprana, a boutique mall in Kemang. Designs include several office buildings, the newly launched The Legian, in Bali, designs for the new Jamz in Sudirman Tower Condominium, Planet Hollywood and Fashion Cafe in Jakarta.

Six killed and five injured in E. Timor ambush

Six killed and five injured in E. Timor ambush DILI (JP): Separatist rebels have killed six people and critically injured five in two separate ambushes near Viqueque, about 200 kilometers east of here Monday, the military said yesterday. Col. Soekotjo, deputy East Timor military chief, told The Jakarta Post that one of the men killed, Eugenio da Costa, 42, was head of Viqueque regency's administrative affairs department.

Cue's acquisition in RI

Cue's acquisition in RI WELLINGTON (Reuter): Shareholders in New Zealand exploration company Cue Energy Resources have voted to approve a plan to raise NZ$8.0 million through a placing of shares by ANZ Corporate Services, Cue said yesterday. The company said in a statement the placement was to facilitate its acquisition of a 40 percent stake in Tanjung Jabung Production Sharing Contract (PSC) in South Sumatra, Indonesia, and fund exploration in this for the next two years.

Aussie envoy visits E. Timor

Aussie envoy visits E. Timor DILI, East Timor: The first secretary to the Australian Ambassador to Indonesia, Bassim Blazey, praised the East Timor administration Monday for its efforts to maintain political stability ahead of the May 29 general election. Blazey was speaking at a meeting with East Timor's governor, Abilio Soares, after his eight-day visit to the province.

Quotas worry foreign banks

Quotas worry foreign banks JAKARTA (JP): Foreign banks have said they will find it hard to comply with the ruling on small-business credit quotas because they have trouble assessing small companies. Paul Beiboer, head of the corporate division at PT Rabobank Duta Indonesia, said most foreign banks, including Rabobank, would find it difficult to assess the viability of lending to small business.

Bad honey

Bad honey In early March, I shopped for our household goods at Naga Supermarket in Pondok Gede, Bekasi, as is my usual habit. I bought three bottles of honey bearing the trade mark Ratu Madu (Queen of Honey) produced by Batu Tirta, Bandung, West Java. I have been buying and consuming this honey for months. As I was about to open the second bottle on March 20, I began wondering about the quality of the honey because I saw something floating in the bottle, so, I decided not to open it.

Telkom to keep control in two main regions

Telkom to keep control in two main regions JAKARTA (JP): State-owned PT Telkom will continue to operate in Greater Jakarta and East Java despite rumors the two regions, which provide most of the company's revenues, would be privatized. Company president Asman A. Nasution told reporters here Tuesday that Telkom had never discussed privatization of the two regions with the government. "I don't know if there is such a plan," he said.

Thailand interested in buying Natuna gas

Thailand interested in buying Natuna gas BANGKOK (Reuter): Thailand will next month discuss possible purchases of natural gas from the mega Natuna project located in Indonesian waters, Industry Minister Korn Dabbaransi said yesterday. He told reporters after meeting with an executive from Exxon , a major share holder in the project, that the meeting would take place here on May 7 with Indonesia's research and technology minister B.J. Habibie and representatives from Exxon.

Developer's neglect

Developer's neglect From Kompas On behalf of the inhabitants of Pondok Timur Indah I am addressing this open letter to PT Kreasi Graha Raya (Raya Incorp group) as the developer of the Pondok Timur Indah I and II residences. Residents complain of the neglect of the roads, drains, and public facilities. The residential complex has not been handed over to the Bekasi administration, so the company is still obliged to put the facilities in order.

Manggarai terminal project

Manggarai terminal project JAKARTA (JP): President director of PT Pembangunan Jaya, Hanafi Lauw, said the timing of the construction of the Manggarai integrated terminal project depended on a revision of the design. He said Monday revision was needed to cut construction costs, initially estimated at US$285 million. Last year, Ciputra, the firm's ex-director, said the 124- hectare project could begin this year and that 54 hectares of the required plot were still privately owned.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 8, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 106,000 Alumindo Light Metal 1,025 0 138,000 Alumindo Perkasa 625 -50 27,500 Aneka Kimia Raya 1,200 0 305,000 Anwar Sierad 850 0 68,500 Apac Centertex Corp.

Prevention important to combat child abuse, says Nafsiah

Prevention important to combat child abuse, says Nafsiah By Wirasti Wiryono JAKARTA (JP): Being first is an advantage for Nafsiah Walinono Mboi, who recently became a member of the United Nations Committee on the Convention of the Rights of the Child. As the first doctor to join the committee, Nafsiah said she looked forward to sharing her experience in pediatrics and public health with the representatives of the committee's nine other member countries. Nafsiah started her new post on March 1.

Families spend holiday trapped in floods

Families spend holiday trapped in floods JAKARTA (JP): At least 167 families in Pondok Pinang and dozens of others in Bintaro, South Jakarta, were trapped in water all Tuesday night. Heavy rains hit several other city areas causing traffic jams. A city flood control official, Broto, said yesterday it began raining 5 p.m. Tuesday. He said the families refused food and other donations from social services.

Hardiyanti denies deflating PPP

Hardiyanti denies deflating PPP JAKARTA (JP): Golkar deputy chairwoman Siti Hardiyanti Rukmana has denied forming alliance with influential Moslem scholar Abdurrahman Wahid to deflate the minority United Development Party (PPP). "I'm close to (Abdurrahman Wahid) because we're both Moslems who are supposed to maintain good ties, and any Moslem would do the same thing," she said.

Linde expands to Vietnam

Linde expands to Vietnam HANOI (DPA): The Munich-based chemicals giant Linde AG has been given a business license for a US$26 million joint venture industrial gas plant in Vietnam, a company official said yesterday. "We have just obtained the license ...if everything runs well we can start to build the plant in six months," said Pham Duc Tuat, Linde's chief Vietnamese representative.

Drivers protest added minivans, illegal levies

Drivers protest added minivans, illegal levies JAKARTA (JP): Hundreds of North Jakarta minivan drivers have protested to the National Commission on Human Rights against an increase of minivans in the area. Four hundred drivers said Tuesday the increase was excessive and threatened their livelihood. They also reported daily levies of almost Rp 5,000. Following a strike Monday, drivers met A.A. Baramuli, a member of the commission.

TV today

TV today TVRI 2:30 a.m News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Kakek Sayang Cucu 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:30 Filler and Trailler 7:35 Performances: Cakrawala Budaya 8:00 News: Lintasan Berita...

Spotlight

Spotlight Photo A: Paintings JP/msa ELITE JOKE: Business tycoon Eka Tjipta Widjaja (second left) laughs loudly as he jokes with Army Chief Gen. Hartono (second right) after the opening of a painting exhibition. Hartono opened the showcase at Taman Ismail Marzuki in Central Jakarta last week. Photo B: Awards JP/alx EXECUTIVE AWARDS: Ambassadors (from left to right) Ridhi Y. Awad of Palestine, B.S.

Municipality to check building permits

Municipality to check building permits JAKARTA (JP): Governor Surjadi Soedirdja said the city planned to check building permits in areas like Kemang that were zoned a residential area but had many commercial buildings. Surjadi said Tuesday that action could be taken against building owners if they are found to have abused their permits. The city has been checking building permits in Kemang, as the residential site was overcrowded with non-residential establishments.

ABRI asked to redefine its job description

ABRI asked to redefine its job description JAKARTA (JP): A senior military figure suggested that the Indonesian Armed Forces (ABRI) redefine the roles and duties of its leaders in order to avoid overlapping authorities. Former army chief of staff Gen. (ret) Rudini cited the armed forces chief of sociopolitical affairs and the armed forces chief of general affairs as two key positions that often overlapped. The posts are currently held by Lt. Gen. Syarwan Hamid and Lt. Gen. Tarub.

Sumitomo becomes advisor

Sumitomo becomes advisor HONG KONG (Reuter): Sumitomo Bank has been appointed financial advisor for a toll road project in Indonesia by PT Bakrie Investindo, Sumitomo Bank said on Tuesday. Bakrie Investindo was awarded the build, operate and transfer (BOT) concession by the Government of Indonesia for the development of the 34 kilometer toll road between Kanci and Pejagan, Sumitomo said.

Ometraco sells subsidiaries for 192b

Ometraco sells subsidiaries for 192b JAKARTA (JP): Shareholders of publicly listed Ometraco Corporation approved Tuesday the sale of the company's two subsidiaries -- PT Supra Usadhatama and PT Supra Ferbindo Farma -- to PT Tempo Scan Pacific for Rp 192 billion (US$80.67 million).

Imitation medicines sold in RI

Imitation medicines sold in RI KUALA LUMPUR (DPA): A Malaysian fake medicines syndicate that was busted this week by law enforcement authorities in Penang state had been exporting its products to neighboring Thailand and Indonesia, news reports said yesterday.

Where to go in Jakarta:

Where to go in Jakarta: Music * Parkroyal Ancol, 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. 7 Bar; Duet pianist and singer, Sunday-Thursday, Quartet Jazz, Friday, Ikapari Country Band, Saturday. * Ibis Kemayoran, Jl.

INCO to buy back shares in bid to boost share price

INCO to buy back shares in bid to boost share price JAKARTA (JP): Publicly listed PT International Nickel Indonesia (INCO) plans to buy back some of its shares from the public as part of its plan to prop up the share price, the company's president said. Rumengan Musu, INCO's president and chief executive officer, said he had submitted the proposal to the Capital Market Supervisory Board (Bapepam), but had not gotten approval from the board.

SE Asian grain trade quiet despite Chinese offers

SE Asian grain trade quiet despite Chinese offers KUALA LUMPUR (Reuter): The Southeast Asian grains and oilseeds business was quiet this week with Indonesian feedmills sitting on the sidelines in a lukewarm response to current Chinese corn offers, traders said yesterday. "I think most people are quite well-stocked until May or so," said the purchasing manager at a flour mill in Kuala Lumpur.