Indonesian Political, Business & Finance News

Archive: 4 July 1997

58 articles found

Thai stocks surge, Asia-Pacific markets fall

Thai stocks surge, Asia-Pacific markets fall BANGKOK (AFP): Thai share prices surged yesterday as foreign investors snapped up stock after the plunge of the baht but Hong Kong fell on its first day of trade under Chinese rule, as did other Asian bourses. Thai shares jumped 8.6 percent on a foreign-led buying spree on the second day of trading following the surprise float of the Thai baht and its ensuing plunge, dealers said.

High abortion rate in Vietnam

High abortion rate in Vietnam HANOI (AFP): Nearly two thirds of married Vietnamese women undergo abortions, according to health service estimates cited in a local report yesterday. The health service estimates that between 58 percent and 65 percent of married Vietnamese women practice birth control through surgery, the official Vietnam News daily reported. Abortion in Vietnam is legal and easy to obtain at state-owned hospitals as well as private clinics.

Satelindo billing

Satelindo billing It has been astonishing to note that after receiving Satelindo's notice they are processing GSM customers' bills with more care and accuracy. But despite this, I have received a statement of my monthly bills which includes additional roaming charges to Austria, Belgium and Jordan. This has created an impression that Satelindo does not really care about what is happening because till this day I have never visited those places. How, then, can I be charged for such services?

Silk Air-C.Java deal

Silk Air-C.Java deal JAKARTA (JP): Central Java's tourism office has signed a cooperation agreement with Silk Air, an affiliate of Singapore's flag carrier Singapore Airlines, to promote the province. A Central Java tourism official, Harsumi, said both parties would benefit from the cooperation because more tourists would come to the province and Silk Air would carry more passengers on its flight to Surakarta's international airport.

Digital gas pumps

Digital gas pumps JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) has urged state-owned oil company Pertamina to take action against gas stations which operate gas pumps without digital meters.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Bali Cliff, Pecatu: Frog Dance, Saturday, Balinese Theater, Ramayana Ballet, Monday, Kecak Dance, Tuesday and Saturday, Legong Dance, Wednesday, Mask Dance, Thursday, Jegog Orchestra, Friday, Tektekan Calonarang, Sunday, from 8.30 p.m. * The Ritz Carlton Bali, Jl. Karang Mas Sejahtera, Jimbaran: - Sami Sami Restaurant: Batak Folk Songs, 7 p.m. to 10 p.m. - Padi Restaurant: Keroncong, nightly, 6 p.m.

Bank scam suspects' seek rights body's help

Bank scam suspects' seek rights body's help JAKARTA (JP): Lawyers acting for five businessmen being held over the Bank Arta Prima scam said yesterday their clients should be freed and police should investigate the two people who reported the case. They appealed to the National Commission on Human Rights yesterday to recommend that police release their clients, who were all associated with the bank under its first owner, the Gunung Agung Group.

Cerdas leads Bali chess tournament

Cerdas leads Bali chess tournament JAKARTA (JP): IM Cerdas Barus has taken the lead in the Bali Jeff-RCA Grandmaster Chess Tournament with 9.0 Victory Points (VP). Cerdas, who scored 8.0 VP Tuesday to share the lead with Filipino GM Rogelio Antonio, now leads in his own right after beating IM Danny Juswanto on Wednesday. Antonio added only 0.5 VP after drawing with IM Ruben Gunawan and is in second place with 8.5 VP..

Daihatsu to boost production in RI

Daihatsu to boost production in RI TOKYO (Reuter): Daihatsu Motor Co Ltd said yesterday it will boost production at its affiliated companies in Indonesia and Malaysia in 1997/98. Daihatsu, owned 33.4 percent by Toyota Motor Corp, will also aim to boost its exports to 137 billion yen in the current business year to March 31, 1998, up 19.1 percent from the previous year.

Students protest escape of Bogor inmate

Students protest escape of Bogor inmate BOGOR (JP): Around 25 students, calling themselves the Bogor Communication Forum for Moslem Students, demanded yesterday better management of the Prosecutor's Office, which they said was responsible for the escape of a prisoner. The demonstrating students at the Cibinong office referred to Erling Doly Wijaya alias Mikel, who disappeared from Paledang Prison on Friday. The escapee was accompanied by two employees of the Prosecutor's Office.

ASEAN to seek French and RI help in Cambodia

ASEAN to seek French and RI help in Cambodia BANGKOK (Agencies): The Association of Southeast Asian Nations (ASEAN) is to ask France and Indonesia for help in defusing Cambodia's political crisis, a Thai Foreign Ministry official said yesterday. France and Indonesia both played major roles in pushing Cambodia's warring factions toward the 1991 Paris peace accord that officially ended the Cambodian civil war.

Multicultural jazz band in Bali

Multicultural jazz band in Bali DENPASAR, Bali: A multicultural jazz band which travels and performs aboard its bus is scheduled to give a free concert here on July 31. The group will perform at the Taman Budaya Arts and Culture Center aboard their bus which it converted into a stage, the head of the center, Nyoman Nikanaya, said here yesterday. "The open-air concert will be the first of its kind in Bali," he told Antara.

Where to go in Jakarta:

Where to go in Jakarta: Music * Cafe Batavia, Jl. Taman Fatahillah, West Jakarta: Live jazz music, Tuesday to Saturday, 9.30 p.m. * Champions Sports Bar & Restaurant, Jl. Kemang Raya No. 10 South Jakarta: Lemon Tea Band, Thursday. Kin/Deja Vu, Friday. Gypsy Can Band, Saturday; Time Bomb Blues, Sunday. All the Bands at 10 p.m. onwards. * Fashion Cafe, Wisma 46 BNI City, Ground Floor, Jl. Sudirman Kav.

PPP cautious on plan to cut House commissions

PPP cautious on plan to cut House commissions JAKARTA (JP): The United Development Party (PPP) is opting to wait and see what happens to an unprecedented plan to cut the number of House of Representatives commissions, a party official said yesterday. PPP faction secretary Dja'far Siddiq said his party would instead promote its original amendment proposal to empower legislators to face the invincible government.

TV today

TV today TVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Kelley 3:10 Children's Dances 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Film: Science World 5:25 Variety Show: Music City Today 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 7:35 Development Program: Parlementaria 8:00 News: Lintasan Berita 8:05 Music: Aneka Music 9:00 World...

Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. * Mirama Hotel, Jl. Raya Darmo 58-76: - Mirama Bar: Desire Band, Monday. Cigma Band, Tuesday. Abouwhim VG and Bubi Chen Virtuoso Band, Wednesday. Abouwhim Band, Thursday. HI Beat Band and Zombhie Group, Friday. The Player's and Surabaya VG, Saturday. Hazztoria, Sunday. - Kendedes Restaurant: Zombhie VG, Friday.

Over diversification makes RI firms 'less competitive'

Over diversification makes RI firms 'less competitive' JAKARTA (JP): Indonesian and other Asian business conglomerates are mostly over diversified and this makes them less competitive, says a financial analyst. Booz-Allen and Hamilton's president, Zafer G Achi, said here yesterday that Asian business groups generally had difficulties choosing their core businesses. He said that in Indonesia's case, many companies tended to grab any available business opportunity without making a long term plan.

The P-4 course

The P-4 course The government has decided to cancel the seminar on first President Sukarno's 1966 accountability speech before the Provisional People's Consultative Assembly (Nawaksara) although I do not know whether it is temporary or otherwise. I believe the seminar, if held, would only create turmoil and would be of no benefit. Whatever the reasons for canceling it, I think the prevailing opinion is that any historical event should only be judged by the individual.

'Fear of failures' inhibits managers' decision making

'Fear of failures' inhibits managers' decision making JAKARTA (JP): Fear of risks and demotion may hamper managers' ability to make decisions, psychologists concluded yesterday. In a seminar on psychological processes in managerial decision making here yesterday, Thomas D. Gilovich of Cornell University, United States, and University of Indonesia professor Yaumil Agoes Achir said that managers should not let past failures inhibit them.

Clinical crime film defies handbook cool

Clinical crime film defies handbook cool By Dini S. Djalal JAKARTA (JP): City of Industry, John Irvin's new thriller, has a title that can at best be described as clinical. The title suits the film. In this Tarantino age of hipper-than-thou gangsters more preoccupied with Madonna's lyrics than with committing crime, City of Industry's straightforward narrative stands apart.

David Alex's relatives demand proof of 'death'

David Alex's relatives demand proof of 'death' DILI (JP): Relatives of East Timor rebel leader David Alex, who the military say they fatally wounded in a gun battle on June 26, are demanding that the authorities explain what happened to him. In a letter to East Timor military chief Col. Salamat Sidabutar, they said they could not accept the authorities' account of Alex's death because they had not been shown his body.

The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz All the best to Canadians and also to those of you who happen to be from the U.S. on the special day for each country this week -- July 1 and July 4 (yes, today). The column content below appeared in the June 20 Post, but the interview wasn't played that evening on Radio Sonora, so... here we go again.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 3, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,225 75 118,500 AHAP Insurance 2,900 100 1,000 Alter Abadi 1,000 0 19,500 Alumindo Light Metal 1,150 25 210,000 Alumindo Perkasa 825 -25 9,500 Aneka Kimia Raya 1,375 -25 773,500 Anwar Sierad 1,125 25 9,007,000 Apac Centertex Corp.

Law on manpower

Law on manpower From Media Indonesia The Minister of Manpower and the House of Representatives are debating the bill on manpower. The law on manpower will hopefully guarantee the rights of workers just as the International Labor Organization (ILO) protects workers. No demonstration needs to be staged and no protest needs to be launched if the manpower law is enacted. In fact, the ILO allows demonstrations but they should be carried out in a constructive and orderly manner.

British pretty boys Ant & Dec send local teens swooning

British pretty boys Ant & Dec send local teens swooning By Achmad Nurhoeri JAKARTA (JP): Regardless of the setting, the result is always the same when you put young male pop idols at the mercy of a swarm of adoring female fans. The cadenza of ear-splitting female screeches only prompts the beefcake on stage to surrender a wiggle or just a giggle to their hysterical fans. So what if the fans do not care about lack of vocal range and musical ability?

Bringing order to the communications sector

Bringing order to the communications sector People are watching with interest how the financial problems prevailing at two of our airlines, Sempati Air and Merpati Nusantara Airlines (MNA), are being handled. People are closely watching developments in the communications sector because of its strategic position, both in our national development efforts and in our international transactions.

Customs EDI to cover more ports

Customs EDI to cover more ports JAKARTA (JP): The Directorate General of Customs and Excise will apply the Electronic Data Interchange (EDI) system to document processing at three main ports -- Tanjung Perak (East Java), Semarang (Central Java) and Belawan (North Sumatra), a senior official said. The directorate general's information and data center director Eddy Abdulrachman said here yesterday that the customs office would install the system in Tanjung Perak in the middle of this month.

Surya's luxury resort

Surya's luxury resort SINGAPORE (Reuter): Indonesian property and hotels group PT Surya Semesta Internusa will spend US$55 million on a new luxury resort on the island of Bali, the resort's managing company said yesterday. Cecilia Leong-Faulkner, director of marketing communications at Banyan Tree Hotels and Resorts, told a briefing that construction of the new complex was due to begin this month and would be completed by the third quarter of 1998.

Rubber seminar in Padang

Rubber seminar in Padang JAKARTA (JP): The Ministry of Industry and Trade, in cooperation with the Association of Natural Rubber Producing Countries, is to hold a seminar on natural rubber from July 8 to July 10 in Padang, West Sumatra. Head of the province's industry and trade office, Bambang Susilobroto, said recently in Padang that the seminar, titled Modernizing The Smallholders Sector, would focus on improving the natural rubber produced by smallholders.

RI still looking to settle car-policy row bilaterally

RI still looking to settle car-policy row bilaterally JAKARTA (JP): Indonesia has about eight months to continue bilateral talks with the complainants of its national car policy before the World Trade Organization's (WTO) dispute settlement panel process can no longer be stopped, Minister of Industry and Trade Tunky Ariwibowo said yesterday. Tunky said the WTO panel on the national car policy could not be stopped once it came close to reaching a verdict.

Walhi campaigns for participative environmental law

Walhi campaigns for participative environmental law JAKARTA (JP): The Indonesian Forum for Environment (Walhi) pressed their demands yesterday for a future environmental law which allows greater public participation in decision making processes. About 50 Walhi activists from across Indonesia, waving flags and banners, marched to the House of Representatives where they were met by Golkar legislators.

YLKI rejects proposed hike in city bus fare

YLKI rejects proposed hike in city bus fare JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) rejected yesterday the City Land Transportation Agency's (DLLAJ) plan to propose a fare hike of regular city buses from Rp 300 (12 U.S. cents) to Rp 500. YLKI's executive director, Zumrotin K.S., said that the proposed fare hike was not necessary because bus companies still could profit from the existing fare if they managed their companies professionally.

Double standards impede discipline movement

Double standards impede discipline movement JAKARTA (JP): Governor Surjadi Soedirdja has ordered city administration officials not to apply double standards in the implementation of the discipline movement, in a bid to make the program succeed.

Maid killed in South Jakarta

Maid killed in South Jakarta JAKARTA (JP): Police believe a woman whose body was found in a house in the Bumi Bintaro Permai housing complex in Pesanggrahan, South Jakarta, was killed by her boyfriend Wednesday evening. South Jakarta Police Chief Lt. Col. Sisno Adiwinoto said yesterday Sulastri, 28, a housemaid, was found by her employer Nana Hasanah, 31, a Citibank employee, at about 8 p.m. in a bathroom on the second floor of the house on Jl. Puspita.

36 teams join bridge tourney

36 teams join bridge tourney JAKARTA (JP): Thirty six teams will take part in the Governor Cup bridge tournament at South Jakarta's Bulungan Bridge Center from July 5 to July 6. The secretary of the Jakarta chapter of the Indonesian Contract Bridge Association (GABSI), Alexander (Lexy) Sondakh, said yesterday the tournament was to commemorate Jakarta's 470th anniversary and Indonesia's 52nd Independence Day. "Governor Soerjadi Soedirdja will open the tournament.

Fortech to help RI manage forest projects

Fortech to help RI manage forest projects JAKARTA (JP): Australia's Forestry Technical Services (Fortech) will give Indonesia environmentally-safe technical assistance in managing its forestry projects. Fortech's director Philip J. Montgomery said yesterday his company was discussing assistance priorities and options with the Indonesian government.

Lee says no to unity with China

Lee says no to unity with China By Oei Eng Goan TAIPEI (JP): Taiwan's President Lee Teng-hui rejected yesterday China's proposal for the reunification of the Taipei and Beijing governments under the "one country, two systems" scheme, calling it mere "wishful thinking". Speaking before 200 local and foreign journalists, Lee said that Taiwan, which he called the Republic of China, was different from Hong Kong which reverted to China Monday after 156 years under British rule.

Govt spends Rp 1.1 trillion on kerosene subsidy a year

Govt spends Rp 1.1 trillion on kerosene subsidy a year JAKARTA (JP): President Soeharto said yesterday that it cost the government at least Rp 1.1 trillion (US$416 million) to subsidize kerosene for home use every year. "Our kerosene consumption is 9.9 million kiloliters a year, and the government subsidizes it at Rp 131 a liter," Soeharto said. Kerosene sells at Rp 280 a liter.

Belo to attend his book review

Belo to attend his book review DILI, East Timor: Nobel peace prize laureate Dili Bishop Carlos Filipe Ximenes Belo said yesterday he would attend a discussion to review his newly published book at Atmajaya Catholic University this Friday. Belo told Antara the organizers had invited about 1,000 people from different education disciplines, religions and cultures to take part in the book review. "The program has been planned since March.

Parents whine over stiff tuition fees

Parents whine over stiff tuition fees JAKARTA (JP): June is probably the most crucial time for parents for being forced to put aside high budgets for tuition and registration fees. Names of new students will be announced simultaneously today at all state schools in the city. Parents here complained over stiff tuition fees especially entrance fees into state-owned elementary and junior high schools, reaching at least eight times higher than official figures.

Yayuk not disappointed over loss at Wimbledon

Yayuk not disappointed over loss at Wimbledon JAKARTA (JP): Indonesia's top female tennis player, Yayuk Basuki, said Wednesday she was not disappointed about her quarterfinals loss at the Wimbledon tennis championships in England. "I have done my best and showed all the tactics of tennis. I am not at all disappointed by my defeat," Antara quoted Yayuk as saying. In Wednesday's quarterfinal, Yayuk lost to Czech world number four Jana Novotna 6-3 6-3.

Plagiarism in journalism

Plagiarism in journalism I would like to comment on your story titled U.S. experts say plagiarism rampant in RI journalism (July 2). The Jakarta Post reported that Fulbright Professor Alios Klement said she was concerned by the way many Indonesian media organizations shamelessly plagiarized whole or partial editorial material and photographs from foreign and local media.

KL seeks help on palm oil ventures

KL seeks help on palm oil ventures KUALA LUMPUR (AFP): Malaysia yesterday sought assistance to promote tripartite joint ventures in the palm oil plantation business in South America and Africa. Primary Industries Minister Lim Keng Yaik said such ventures could be formed between Malaysian companies, China's state-owned corporations and local companies in the third countries.

RI should decentralize system

RI should decentralize system By Imron Cotan JAKARTA (JP): In less than two hundred days, the international community will enter the 21st century, leaving behind the current second millennium which is marred by conflict and posing unprecedented challenges to human beings. All nation-states, particularly Indonesia, should fully prepare themselves before entering this new era of obscurity.

Reconciliation in the air

Reconciliation in the air Abdul Haris Nasution, Hoegeng Imam Santoso and Ali Sadikin -- three familiar names in the government and the military in the 1960s and 1970s -- are making news again this month. They virtually disappeared from public life when they were ostracized by the government in the 1980s and much of the 1990s because of their political views.

RI students prepare for academic Olympics

RI students prepare for academic Olympics JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro hailed yesterday the 22 students slated to compete in the Mathematics, Chemistry and Physics Olympics in Canada and Argentina. Wardiman told a press conference that this would help raise Indonesia's profile abroad, and that he would do all he could to help the boys improve their skills.

Investment officials meet in Manila

Investment officials meet in Manila MANILA (DPA): Investment officials and business leaders from Association of Southeast Asian Nations (ASEAN) countries gathered in the Philippines yesterday for a two-day meeting aimed at searching for ways to boost investment flows in the region.

Expert says laws inconsistent with Constitution needs review

Expert says laws inconsistent with Constitution needs review JAKARTA (JP): Legal expert Loebby Loqman called yesterday for a review of Indonesian laws that do not comply with the 1945 Constitution. Speaking in a discussion on the 1959 presidential decree that restored the country's first constitution, Loebby suggested that a judicial review board be set up to evaluate these laws. "Are the existing laws in line with the constitution? Some say they are, some say are not," said Loebby.

Call for better children's TV program hailed

Call for better children's TV program hailed JAKARTA (JP): An expert has hailed Minister of Information R. Hartono's statement of concern over the quality of television programming, and said that young people are watching inappropriate programs. The Indonesian Child Welfare Foundation's director of children and television studies, B. Guntarto, said Wednesday that it was hard to control young people's television viewing. Guntarto cited programming as part of the problem.

Foreign tourist arrivals drop again in May

Foreign tourist arrivals drop again in May JAKARTA (JP): Foreign tourist arrivals in Indonesia continued to drop in May after a decrease in April. Ministry of Tourism, Post and Telecommunications data shows that the number of tourists arriving in Indonesia decreased 3.8 percent to 322,933 in May from 335,735 in May last year. Foreign tourist arrivals dropped 0.7 percent in May from 325,842 in April 1997.

Cirebon court festival features stunning dances

Cirebon court festival features stunning dances CIREBON, West Java (JP): Court dances from three kingdoms in Sumatra and Sulawesi stunned spectators yesterday on the third- day of the week-long royal court festival here. The royal courts of Deli Serdang in North Sumatra and Saoraja and Gowa in South Sulawesi presented the dances. Although upset by a program change, visitors at the festival were satisfied with the three royal courts' dances and traditional ceremonies.

RI becomes one of world's biggest borrowers: BIS

RI becomes one of world's biggest borrowers: BIS BASEL, Switzerland (AFP): South Korea, Indonesia and China were the largest Asian borrowers in the second half of 1996 as regional demand for credit remained buoyant, the Bank for International Settlements said in a report issued here yesterday. In contrast, Thailand, besieged by speculative attacks on its currency and a gaping current account deficit, experienced a drying up of financing, the BIS said.

RP peacekeepers attack UN

RP peacekeepers attack UN MANILA (DPA): Two members of a Philippine peacekeeping contingent in northern Iraq have accused the United Nations (UN) of discrimination after they were sent home for breach of discipline, a news report said yesterday. According to the report, Maj. Ruben Carandang and Capt. Custodio Parcon claimed they were repatriated "without due process" and were denied the opportunity to explain their side of a "very minor incident".

Post-Busang syndrome affects new mining deals

Post-Busang syndrome affects new mining deals Mining analysts and foreign investors have criticized the Indonesian government's recent move to change the terms of the seventh generation contracts of work (COW) which were initialed last year. Hartojo Wignjowijoto, a senior economist and president of Asian Pacific Economic Consultancy Indonesia, explains why the policy changes are ill-timed and could be counterproductive.

Three arrested over 6 kgs marijuana

Three arrested over 6 kgs marijuana JAKARTA (JP): Undercover police have arrested three men for allegedly trafficking six kilograms of marijuana with a street value of about Rp 15 million (US$6,147). City Police Spokesman Lt. Col. E. Aritonang said yesterday that one of the men, Yusri, 21, was shot in the foot by police when he tried to resist arrest. He was taken to the Kramat Djati police hospital, East Jakarta.

Toll road management

Toll road management From Kompas As an everyday user of the toll road I have noticed that traffic jams always occur at the toll gate during peak hours on either entering or leaving the toll road. This is caused by the paying mechanism -- you are given a ticket at the entrance at one end, and payment is made when leaving the gate at the other. What a slow business! I have to drive 20 to 30 minutes on the toll road and queue for another 20 to 30 minutes at the gate.

Great Sales turn big profits

Great Sales turn big profits JAKARTA (JP): Sales turnover at malls during the Great Sales period has increased between 50 percent and 60 percent, organizers said. Steve Sondakh, the Great Sales organizing chairman, said malls like Taman Anggrek and Pondok Indah had the biggest turnover. Steve admitted it was possible that some of the participating stores in the Great Sales could have raised prices on goods before offering them at discounted price.

Govt-critics reconciliation move hailed

Govt-critics reconciliation move hailed JAKARTA (JP): Two political observers gave the thumbs up yesterday to the government's recent willingness to open discussion with former servicemen who have fallen out of favor and other critics. The Association of Indonesian Moslem Intellectuals' (ICMI) secretary-general, Adi Sasono, said that people should welcome this development.