Indonesian Political, Business & Finance News

Archive: 26 April 1997

60 articles found

Let the fiesta begin

Let the fiesta begin The election campaign starts tomorrow. In the next 27 days, the three political groups contesting the general election will have their chance to sell themselves to voters. This is an important phase in the current build up to voting day. A five-day cooling-off period will follow the campaign before people cast their vote on May 29. In the context of Indonesia's democratic learning process, however, the campaign is more important than the election itself.

50% of development funds do not reach Irian Jaya

50% of development funds do not reach Irian Jaya JAKARTA (JP): Irian Jaya tribal chiefs are outraged because only 50 percent of the government's poverty alleviation funds have reached them.

French frigate to dock at Priok

French frigate to dock at Priok JAKARTA (JP): The French frigate, La Fayette, the first stealthy frigate in the world, will visit Indonesia from April 28 to May 3. The La Fayette, with 168 crew members, is commanded by Capt. Thierry d'Arbonneau. The ship will be accompanied by surveillance ship Vendemiaire. The ships will dock at Tanjuk Priok harbor. The naval/air force warship, which can carry a helicopter, has taken part in operations outside Europe.

Maleo launch after election

Maleo launch after election JAKARTA: An Australian government minister has confirmed Indonesia's second "national car", the Maleo, will be launched after the general election in May. The Victorian Minister for Tertiary Education and Training Phil Honeywood said he had been told by the State Minister of Research and Technology B.J. Habibie that President Soeharto would launch prototypes of the car after the election.

President urges people to buy more local goods

President urges people to buy more local goods JAKARTA (JP): President Soeharto called on people again yesterday to buy local products, saying there was no reason to prefer foreign products because local ones were just as good and cheaper. "The use of local goods should be made a national drive. Love for our own products is part of nationalism," Soeharto said when opening PT Polysindo Eka Perkasa's purified terephthalic acid (PTA) plant in Karawang, West Java.

Strong aluminum demand in Asia lifts premiums

Strong aluminum demand in Asia lifts premiums SINGAPORE (Reuter): Robust aluminum demand in Asian markets is currently boosting premiums as the trade prepares for talks next month on third quarter supply contracts, base metal traders said yesterday. "Demand is very good," a dealer at a Japanese trading house said. "It's quite good in Indonesia and Malaysia.

Dumping duties on RI

Dumping duties on RI BRUSSELS (Reuter): The European Commission said yesterday it would recommend to European Union ministers that definitive anti- dumping duties be imposed, albeit at a reduced rate, on imports of grey cotton fabrics from Indonesia and five other countries. It said in a statement duties should be cut from the provisional rate of 19 percent to an average of 15 percent on imports from India, Indonesia, Pakistan, Turkey, China and Egypt.

Indosat, ICO sign deal

Indosat, ICO sign deal JAKARTA (JP): State-owned PT Indosat signed yesterday an agreement with ICO Global Communications, a satellite-based personal communications services operator, to construct and operate a satellite access node for the service.

Solar energy for villages

Solar energy for villages BENGKULU, Bengkulu: Some underdeveloped villages in Rejeng Lebong regency plan to use a Solar Home System (SHS) to produce electricity for the 1997/1998 fiscal year, a local Ministry of Energy and Mines official said yesterday. Zuher Effendi said the new equipment, consisting of 120 units, can produce 34 watts of electricity to activate a television set and three neon light bulbs of eight watts each.

Indonesia faces justice challenges

Indonesia faces justice challenges Supreme Court Justice Adi Andojo who grabbed headlines last year for blowing the whistle on collusion at the highest law institution will retire on May 1, 1997. Charles Himawan, a professor of law and economics at the University of Indonesia and member of the National Commission on Human Rights took this opportunity to reflect on the target the justice was fighting then.

Belo to speak in Rome

Belo to speak in Rome DILI, East Timor: Dili Bishop Carlos Filipe Ximenes Belo said yesterday he is set to deliver a speech before a youth conference in Rome, Italy next month. The event will be held on May 10, he was quoted by Antara as saying. The bishop said the conference will have the theme "World Justice and Peace in the Third Millennium". (swe)

Eight NU groups endorse general election boycott

Eight NU groups endorse general election boycott JAKARTA (JP): Eight groups within Nahdlatul Ulama (NU), Indonesia's largest Moslem organization, yesterday endorsed boycotting the election as a form of political participation. Almost immediately afterward NU chairman Abdurrahman Wahid lashed out at the groups, saying they had overstepped their boundary and used the organization's name arbitrarily. "This is impudent of them. They are overstepping the boundary.

RI-HK firms to operate Bojonegara seaport

RI-HK firms to operate Bojonegara seaport JAKARTA (JP): Indonesian and Hong Kong firms created PT Teluk Banten Peti Kemas Indonesia here yesterday to develop and operate the 1,200-hectare port in Bojonegara, West Java, which will cost a total of US$700 million to build.

Phone users' expectations continue to rise

Phone users' expectations continue to rise By Prapti Widinugraheni LONDON (JP): The time has come when telecommunications providers have to start thinking about giving their customers more than just a telephone line to keep them paying their bills. As telecommunications becomes more sophisticated and exposed to competition, telecommunications providers and operators must convince their once-faithful customers that the services are worth what they cost.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 25, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 78,000 Alumindo Light Metal 1,125 100 4,037,000 Alumindo Perkasa 725 0 0 Aneka Kimia Raya 1,125 0 154,000 Anwar Sierad 875 0 164,000 Apac Centertex Corp.

Local athletes drug tested for clean SEA Games square

Local athletes drug tested for clean SEA Games square JAKARTA (JP): Several members of the 19th SEA Games squad have been drug tested to ensure a clean team at the Games from Oct. 11 to Oct. 19. Dr. Dangsina Moeloek of the Games medical team told Antara Thursday that many national athletes had adequate knowledge of doping. "We don't want some of their urine samples to test positive at the Games," she said.

Three broking houses to reusme trading

Three broking houses to reusme trading JAKARTA (JP): The management of the Jakarta Stock Exchange (JSX) allowed yesterday three of four suspended brokerage houses to resume trading. The exchange's management said the three brokerage houses -- PT Finan Corpindo Nusa, PT Artha Gitasejahtera Sekuritas, PT Bumi Artha Securindo -- had settled their problems. The three brokerage houses had delivered all Bank Pikko shares to the Indonesian Securities Central Depository (KDEI), the exchange said.

Mauritius, RI to sign tax ready

Mauritius, RI to sign tax ready JAKARTA (JP): The Indonesian and Mauritius governments are to sign an agreement to avoid double taxation, said Indonesia's Minister of Tourism, Post and Telecommunications Joop Ave yesterday. Joop said the tax treaty was necessary to encourage business activities between the two countries.

Smoking banned at school

Smoking banned at school KUPANG, East Nusa Tenggara: The local education office is calling for a smoking ban in schools throughout the province, "from kindergarten through to all universities". Joshua Cornelis Mbeo told The Jakarta Post his office will launch the campaign against smoking in schools on May 2, to coincide with National Education Day and the campaign to promote mandatory schooling awareness.

552 personnel secure election

552 personnel secure election BAUCAU, East Timor: A total 552 military personnel stand ready to safeguard the general election here, said Lt. Col. Herman Tedez of the regional military command. "The personnel are dispersed throughout Baucau's six districts," he was quoted by Antara as saying. Deputy chief of police Capt. Sanyoto said 164 police officers and 321 civilian personnel will be deployed to safeguard the ballot boxes.

Don't ignore election impact, says analyst

Don't ignore election impact, says analyst By Angela Romano BRISBANE, Australia (JP): The forthcoming election will still influence the political processes in Indonesia, even though it will have little impact on the leadership structure, a senior Indonesian political analyst said Thursday.

TV today

TV today TVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Animated Classic 3:25 Soccer: Kansas League 4:15 Regional News 4:30 Soccer: Kansas League 5:30 Music: Jenjang Vokal 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:30 Filler and Trailer 7:35 TV Drama: Gara-Gara Ojek 8:00 News: Lintasan Berita 8:05 Saturday Night Music 9:00 World News 9:30 Sports: Arena dan Juara 10:30 Late...

PDI joins cyberspace

PDI joins cyberspace JAKARTA (JP): The government-recognized Indonesian Democratic Party (PDI) yesterday became the last political group to open a web site prior to the start of the election campaign tomorrow. Chairman Soerjadi said on announcing the PDI web site called "Banteng Yes Online" that the Internet would help the party make the election a success. The program is available in several languages other than Indonesian, including English. The web site will be operative Sunday.

Ssangyong opens the box

Ssangyong opens the box JAKARTA: Indomobil is set to launch the Ssangyong Musso -- first shown at last year's Jakarta Auto Expo -- under the name Ssangyong Boxer. The South Korean four-wheel drive will compete against the likes of Mitsubishi Pajero and Toyota LandCruiser when it goes on sale about midyear. It is expected to be priced about Rp 142 million.

Premature statements

Premature statements The Indonesian people are now facing a very important event: the general election. This will affect the life of the entire nation. We are all obliged to ensure that this democratic event will take place peacefully through law and order. Therefore it is important that everybody and every organization restrain itself and observe the rules we have agreed to abide by.

Indonesia to export Blazer to South Africa this year

Indonesia to export Blazer to South Africa this year By Matthew Allen INDONESIA's automotive export income will get a significant boost when Opel begins Blazer exports to South Africa later this year. PT General Motors Buana Indonesia (GMBI), the local assembler and distributor of Opel vehicles, plans to ship between 300 and 500 Blazer sport utilities to South Africa as the part of an ongoing and increasing export drive.

Freeport still says little gold at Busang

Freeport still says little gold at Busang TORONTO (Reuter): Several days before a key report on the Busang gold controversy, a major partner confirmed on Thursday it had still not found significant gold at the site deep in the jungles of Indonesia. Since it reported finding "insignificant amounts" of gold from preliminary tests of Busang last month, New Orleans-based Freeport McMoRan Copper & Gold Inc. has continued testing its original seven drill cores taken from the site.

Analyst predicts election boycotters to reach 20 million

Analyst predicts election boycotters to reach 20 million JAKARTA (JP): A political analyst predicted yesterday that up to 20 million people would boycott the upcoming general election, despite the government's persistent call on the public to vote. Arbi Sanit of the Jakarta-based University of Indonesia said the public's growing discontent over the current election rules and the political system as a whole, was the main reason for the non-voting behavior.

Workers strike at Nike plant

Workers strike at Nike plant On Tuesday this week the town of Tangerang was totally paralyzed by a strike by some 10,000 workers at the Nike shoe factory. Worker strikes have occurred with great frequency during the past few years. In light of this reality, several facts should gain our attention. The great number of workers who have been involved in strikes so far makes us aware of the fact that Indonesia has become a hub for the manufacture of some of the world's leading brand-name products.

Industrial sector still faces many problems

Industrial sector still faces many problems JAKARTA (JP): Indonesia's industrial sector still faces many problems despite its rapid growth over the last few years, an academic said yesterday. Center for Information and Development Studies' researcher, Didin S. Damanhuri, said if the problems were not resolved now, new and more complicated ones would emerge. Didin is also the director of the Bogor Agricultural University's information resources agency.

Workers protest management's breaking of deal

Workers protest management's breaking of deal TANGERANG (JP): More than 10,000 workers of PT Hardaya Aneka Shoes, which produces Nike shoes, protested again yesterday after the company broke a deal made after the first demonstration Tuesday. There were episodes of violence in demonstration, with workers smashing the company's windows and the windshields of two cars in the parking lot. Dozens of riot police and military officers were sent to calm the angry workers.

Daihatsu launches upgraded Feroza

Daihatsu launches upgraded Feroza By Matthew Allen DAIHATSU has launched an upgraded version of its Feroza, now called the G2. It comes in three guises -- Standard, Deluxe and Sporty -- and on-road prices are Rp 25 million, Rp 27.5 million and Rp 28.5 million respectively. The Feroza is a modern interpretation of a design that originated in the 1970s. The Feroza is an offspring of the Daihatsu Rocky but with a shorter wheelbase and trendier image.

Armored vehicles to handle riots

Armored vehicles to handle riots JAKARTA (JP): The police will wield armored vehicles to handle the increasing riots and demonstrations ahead of the May 29 general election, Police Chief Lt. Gen. Dibyo Widodo said. The police force received 12 armored vehicles from the army in a ceremony in Bogor, West Java, Thursday to help secure the election and the campaigning that kicks off tomorrow and ends on May 23. Dibyo said Thursday that the army has promised to give the police 90 armored vehicles.

Elementary schools get more teachers

Elementary schools get more teachers JAKARTA (JP): Governor Surjadi Soedirdja said yesterday the municipality would raise the number of elementary school teachers to make up for the shortage of more than 2,000 teachers. He acknowledged that the government has imposed a zero-growth policy on civil servants, meaning that new personnel would be hired only in cases of employees' retirement or death. However, he said, the policy was flexible in urgent circumstances.

No foreigners apply to observe the upcoming general election

No foreigners apply to observe the upcoming general election JAKARTA (JP): No foreigners have so far expressed any interest to witness the May 29 election, but Indonesia is keeping its door open, an official said. Sutoyo N.K., the director-general of sociopolitical affairs at the Ministry of Home Affairs, said here yesterday the government has yet to receive applications for permits to monitor the election. "But we are keeping our door open.

Foreign tourist arrivals up 3.4%

Foreign tourist arrivals up 3.4% JAKARTA (JP): Foreign visitors to Indonesia in February rose to 315,407, up 3.4 percent on February last year, according to a Ministry of Tourism, Post and Telecommunications report. The report said the growth rate was 4.3 percent in January 1997. The figure is for foreigners entering Indonesia through seven major entry points.

More aid sought for small firms in eastern provices

More aid sought for small firms in eastern provices AMBON, Maluku (JP): East Timor's governor, Abilio Jose Osorio Soares, called on the government and large businesses yesterday to provide more assistance to small firms and cooperatives in Indonesia's eastern provinces. He said the government should give subsidized credit to small businesses in the region so they could grow rapidly and develop their own region.

Farmers to sue governor over dam

Farmers to sue governor over dam SEMARANG (JP): Twenty farmers in Central Java are continuing with their struggle to obtain decent compensation for their land, which was appropriated to make way for the Kedungombo dam. The dam, one of the government's most controversial projects in the last 20 years, has been in operation for six years.

Central and East Java identified as election hot spots

Central and East Java identified as election hot spots YOGYAKARTA (JP): The Armed Forces (ABRI) have identified Pekalongan in Central Java and Madura island in East Java as potential dangerous spots during the election campaign, which kicks off tomorrow, and the May 29 poll. Some military officers have even conceded that the provinces of Central Java and East Java are areas that need "special attention", given the recent outburst of violence involving supporters of the three political parties.

HASI shoe company clarifies

HASI shoe company clarifies Your story Shoe factory workers stage demonstration on page 3 of the April 23, 1997 issue discloses false information. I am President Director of PT Hardaya Aneka Shoes Industry (HASI) located in Tangerang. HASI is an exclusive manufacturer of Nike athletic footwear and has been so since 1989. Our company provides jobs for more than 10,000 workers.

Police advise delaying gatherings

Police advise delaying gatherings JAKARTA (JP): The police are advising people to postpone plans for meetings, gatherings or parties during the general election period. Head of the General Information Department of National Police headquarters Col. Bambang Haryoko recently said these activities were not banned. "However, it would be better for people to reschedule activities involving large numbers of people," Bambang said.

City installs more traffic controllers

City installs more traffic controllers JAKARTA (JP): The City's Traffic Control Agency has installed more Area Traffic Control Systems (ATCS) units throughout the city to fight the worsening traffic jams. With the additional units the agency now has 186 units in its three zones: 117 ATCS controllers and 24 monitors in the central zone, 25 controllers and five monitors in the west, and 44 controllers and six monitors in the east zone.

Refugee plight is Laurent Kabila's first public crisis

Refugee plight is Laurent Kabila's first public crisis By Nicholas Kotch NAIROBI (Reuter): Cruelty meted out to Rwandan Hutu refugees in eastern Zaire is turning into a diplomatic and public relations disaster for Laurent Kabila, the rebel leader hoping to take charge of Africa's giant state.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaian Band/Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m. - Nelayan Bar: Sandra Lintang, Yully, Purwanto (electone & singers), Monday to Sunday, 9 p.m. to midnight. - Pondok Samudra: Dolimas Vocal Group, Saturday and Sunday, 7:30 p.m. to 10:30 p.m.

'No need to delay reclamation'

'No need to delay reclamation' JAKARTA (JP): Governor Surjadi Soedirdja hinted Wednesday that reclamation projects in North Jakarta need not be postponed until a currently underway environmental impact analysis was completed. Legislator Muhammad Buang said recently that ongoing projects should be adjusted to meet the recommendations of the regional environmental impact study, or postponed if they were incompatible with it. Housing and office site projects are being developed by private firms.

Indonesian palm oil output

Indonesian palm oil output SINGAPORE (Reuter): Indonesia's palm oil output will more than double to 11.7 million tons by 2005 against about 5.6 million tons in 1997, the vice-chairman of the Indonesian Palm Oil Producers Association (GAPKI) said yesterday. Derom Bangun said in a presentation to an edible oil markets conference in Singapore a sharp rise in the hectarage planted to palm will boost production.

Free treatment for asthma, TB

Free treatment for asthma, TB JAKARTA (JP): The Indonesian Asthma Foundation is organizing free treatment for asthmatics and people with tuberculosis on tomorrow. Chairwoman Opih Radinal Moochtar said yesterday the service would be at the Indonesian Tuberculosis Eradication Association's office on Jl. Sultan Iskandar Muda 66A, Kebayoran Lama Utara, South Jakarta. The foundation said between 4 percent and 6 percent of Indonesians had asthma while between 2 percent and 3 percent had tuberculosis.

Industry coordination needed to tackle pollution problems

Industry coordination needed to tackle pollution problems By Matthew Allen GREATER co-ordination of the government's blue sky program is required if it is to have any impact on Jakarta's spiralling pollution problems. The secretary general of Gaikindo, the Association of Indonesian Automotive Industries, Mr F Soeseno, said unless there was greater co-operation and co-ordination of the program, very little could be expected to be achieved.

Australian Parry extends lead at Satelindo Open

Australian Parry extends lead at Satelindo Open JAKARTA (JP): Australian Craig Parry extended his lead yesterday to two strokes despite a personal worst on the course with a 2-under par 70 at the half-way point of the Satelindo Indonesia Open. Behind the leader at 139 are South African Des Terbalanche and Nozomi Kawahara of Japan. Terbalanche, playing his first Omega Tour, and Kawahara both made 2-under 70s yesterday.

Coffee futures set to slide on sell stops

Coffee futures set to slide on sell stops LONDON (Reuter): LIFFE coffee futures pulled back after a firm start to end yesterday midsession sharply lower after trade houses stepped up selling and triggered light sell-stops on the way down. Traders said the spot May came under further long liquidation while July noted light fund buying. But scale-down roaster interest at the lows helped cushion the fall.

RI workers remit $1.2b

RI workers remit $1.2b KUALA LUMPUR (DPA): Indonesians accounted for 62 percent or 1.86 billion of the three billion ringgit (US$1.2 billion) sent home by foreign workers in Malaysia in 1996, news reports said yesterday. A a quarter of the total or 750 million ringgit was sent to Bangladesh followed by the Philippines in third place with 210 million ringgit, or seven per cent.

Big retailers want clear regulation

Big retailers want clear regulation JAKARTA (JP): The Association of Indonesian Retailers asked the government yesterday to take into account different economic levels of regency towns in its plan to limit big retail operations. The association's chairman, Steve Sondakh, and director executive, Kustarjono Prodjolalito, said the government should clearly define which regency towns were out of bounds for big retailers.

Prayers held for campaign

Prayers held for campaign JAKARTA (JP): Party leaders, government officials and religious figures joined in prayers yesterday for a successful election campaign. Head of the Indonesian Moslem Ulemas Council Hasan Basri led the prayers, which called for peace during the electioneering that kicks off tomorrow and ends on May 23. "May God guide us. We sincerely hope that the election campaigns will be smooth and safe," said Basri before beginning the prayers.

Component industry development vital: Gaikindo

Component industry development vital: Gaikindo By Matthew Allen GAIKINDO, the Association of Indonesia's Automotive Industries, has called upon the government to help create a positive economic climate for the development of Indonesia's components industry. It claims that without a viable supplier industry capable of producing components in volume the car industry's progress will be stunted.

Peugeot adds an auto

Peugeot adds an auto JAKARTA: Peugeot has added an automatic version to its midsized 406 sedan range, priced at Rp 103.5 million. The four-speed self-shifter joins the 2000cc five-speed manual model priced at Rp 96 million.

U.S. fugitive arrested over money embezzlement

U.S. fugitive arrested over money embezzlement JAKARTA (JP): The police arrested Wednesday a United States national wanted by Interpol for the alleged embezzlement of US$3.5 million from the company he worked for in the U.S. Mursanudin A. Ghani, spokesman for the Directorate General of Immigration, said Steven Coy Higley was arrested Wednesday at Atlet Century Park Hotel, Central Jakarta, and handed over to the directorate general's office soon after. The U.S.

'Hard Rock FM' marks anniversary

'Hard Rock FM' marks anniversary By Helly Minarti JAKARTA (JP): Judging from its name, Hard Rock FM must be a radio station blaring out hard rock music, right? Wrong. While the numbers played do include some hard rock, its staple roster is a blend of today's hits and yesterday's favorites. If you assume Hard Rock FM is somehow connected to Hard Rock Cafe, you are on the mark as the station is part of the Hard Rock Cafe Group.

General election affects hotel accupancy rates

General election affects hotel accupancy rates JAKARTA (JP): Next month's general election, for which campaign activities will start tomorrow, has affected hotel occupancy rates in Jakarta, a hotel industry senior executive said yesterday. "Orders for hotel reservations through the Jakarta branch of Indonesia Hotel and Restaurant Association have now declined to 40 percent of last year's monthly average of about 3,000 guests," said Kenny Rosanti, a senior staff member of the branch.

Danamon pays dividend

Danamon pays dividend JAKARTA (JP): Publicly listed Bank Danamon's shareholders approved yesterday a Rp 55 (2.2 U.S. cent) dividend a share. "Total dividends to be paid are worth Rp 61.6 billion," the bank said yesterday. The bank booked a Rp 281.2 billion net profit in 1996, up 57 percent. The bank has 523 automated teller machines and 225 branches. (09)

City 'should learn from mistakes' in terminal project

City 'should learn from mistakes' in terminal project JAKARTA (JP): The City Council speaker M.H. Ritonga warned the city not to repeat the mistake it made with the Kampung Rambutan terminal when it constructs the Rp 110 billion (US$45.3 million) Pulogebang terminal in East Jakarta. Ritonga was referring yesterday to the terminal that partially collapsed days after former governor Wiyogo Atmodarminto opened it in 1992.