Indonesian Political, Business & Finance News

Archive: 18 June 1994

57 articles found

Man missing at sea

Man missing at sea SORONG, Irian Jaya: Search and rescue workers were still looking for a man who has been missing since he fell from a ferry into the sea on Thursday. Sorong Port administrator A. Jarangga said the KM Dobonsolo ferry was on its way from Biak to Ambon when the incident happened. The man, identified as Laimas, fell into the sea about one mile from Sorong Port at 1:45 p.m.

Timor honors Gen. Wismoyo

Timor honors Gen. Wismoyo DILI, East Timor: Governor Abilio Jose Osorio Soares has named Army Chief of Staff Gen. Wismoyo Arismunandar an honorary customary leader. The ceremony was highlighted with traditional dances and martial arts on Thursday where senior local civilian and military leaders were present.

Branta to expand business in ASEAN

Branta to expand business in ASEAN JAKARTA (JP): PT Branta Mulia, a yarn and tire cord manufacturer listed on the Jakarta and Surabaya stock exchanges, will expand its business network in Southeast Asia through a joint venture agreement with several Malaysian companies to construct a third tire cord plant.

Population is puzzles Jakarta

Population is puzzles Jakarta JAKARTA (JP): Governor of Jakarta Surjadi Soedirdja believes population growth is one of Jakarta's most serious problems and that the city must find a way to curb migration of rural people. "There are in fact various problems prevailing here, which are all equally urgent. But, we are giving high priority to the population affairs since many other problems are closely knit with it," the governor told a press conference at the City Hall yesterday.

Workers complain of dismissal

Workers complain of dismissal Around 150 workers of PT Duta Busana Danastri, a garment company, marched to the headquarters of the National Commission on Human Rights yesterday to complain of the dismissal of a co- worker. The workers also demanded that the company form a bipartite body to bridge any differences between them. Siti Nurofikoh, 21, who worked in the sewing section, was dismissed for being absent for eight days without permission.

Dinosaur Park

Dinosaur Park Correction: The dinosaur show at the Jakarta Fair ground will last until July 16, not as reported on this page yesterday. The grand opening of the Dinosaur Park will be today. -- The Editor

Govt settles dispute with Dayak tribes

Govt settles dispute with Dayak tribes JAKARTA (JP): The government announced yesterday that it has come to an amicable agreement with the Bentian Dayak tribes in East Kalimantan in the dispute over a piece of land in Jelmu Sibak which it is acquiring for a forestry estate. Minister of Transmigration Siswono Yudohusodo said that the government could not go ahead with its plan to move some 300 families of settlers into the area to work in the forestry estate.

Actress Ria may not be tried for her alleged role in murder

Actress Ria may not be tried for her alleged role in murder JAKARTA (JP): The planned trial of starlet Ria Irawan for her alleged role in the death of a young married man at her house five months ago may not materialize after all. Meanwhile, the wife of the victim gave birth to a baby boy a month ago. The dossiers on the case are believed to have been returned to the police by the South Jakarta prosecutor's office two times.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to close lower on the Jakarta Stock Exchange (JSX) yesterday after the broad-based Composite Index, lost nearly five points on Thursday. The broad-based Composite Index, closed lower at 476.54 from 477.13 previously. The narrower-based GTDBS-50 Index weakened as well to close at 113.41 from 113.59 on Thursday. PT Tempo Scan Pacific and PT Lippo Life made additional listings of 75 million shares and 36.16 shares respectively.

Shopping center reopened

Shopping center reopened BANJARMASIN, South Kalimantan: Deputy governor Hasan Aman reopened the Amuntai shopping center in Hulu Sungai Utara district Thursday. The largest shopping center in Hulu Sungai Utara caught fire last month, less than a year after the multi-billion rupiah project was opened. About 200 of the complex's 800 kiosks were either damaged or destroyed in the fire.

Building material book to be issued

Building material book to be issued A guidebook on building construction materials and related equipment and services is currently being prepared for its launching early next year. The 400-page Color Pages Indonesia (Guide to Building Material & Equipment) is mainly aimed at providing comprehensive and technical information, Chris Prajogo, president of PT Colorindo Pagetama Indonesia, the publisher, said here yesterday.

Rights commission proposes merger of SPSI and SBSI

Rights commission proposes merger of SPSI and SBSI JAKARTA (JP): The National Commission of Human Rights joined in an appeal, yesterday, for the two major workers' unions in Indonesia -- one of which is not officially recognized -- to merge into one organization. Commission Secretary General Baharuddin Lopa was quoted by the Antara news agency as saying that he had considered a merger back in February and communicated this during a meeting to Minister of Manpower Abdul Latief.

Govt urged to open palm oil futures trading

Govt urged to open palm oil futures trading Jakarta (JP): The Indonesian vegetable oil and fat trade federation (FAMNI) cautioned the government yesterday against intervening in the crude palm oil (CPO) trade to push its price down and proposed instead the opening of the futures trading Bourse for agricultural produce it closed last year.

Australia Today Indonesia is only the beginning

Australia Today Indonesia is only the beginning By Prapti Widinugraheni JAKARTA (JP): Australia Today Indonesia 1994, the big trade and cultural promotion program which got underway here this week, is only the beginning of Australia's effort to establish greater linkages with its northern neighbor. "We don't see this simply as a one-way series of activities," Australian ambassador to Indonesia Allan Taylor said.

Canada, NZ send relief aid

Canada, NZ send relief aid JAKARTA: The New Zealand and Canadian governments have extended NZ$50,000 (Rp 63 million) and Rp 45 million worth of aid relief respectively for the victims of the recent tidal waves in East Java. The disaster left over 200 people dead and extensive damage to residents' property and public facilities in the worst stricken district of Banyuwangi.

Surveyor Indonesia to replace SGS by end of this year

Surveyor Indonesia to replace SGS by end of this year JAKARTA (JP): The pre-shipment inspection of goods to be imported to Indonesia, which has been done by the Swiss company Societe Generale de Surveillance (SGS) since 1985, will be taken over by PT Surveyor Indonesia (PTSI) by the end of this year.

Taiwan to invest in Sulawesi

Taiwan to invest in Sulawesi PALU (JP): Weifhuan Enterprise Company (WEC), a Taiwan agribusiness company, will invest US$5 million in crab farming in Donggala regency, Central Sulawesi, and a fishing venture at the Tomini bay and Makassar strait, South Sulawesi. According to the company's representative, Indra Alisauw, who was here yesterday, all the production will be exported to Hong Kong, South Kora and Japan.

Subroto bows out of OPEC with a big smile

Subroto bows out of OPEC with a big smile VIENNA (Reuter): OPEC lost one of its most persistent voices of moderation on Thursday as Indonesia's Subroto made his final appearance as Secretary-General at a conference of the sometimes fractious 12 oil exporters. The former oil minister, now 65, ends six years in the job as the Organisation of Petroleum Exporting Countries' effective international ambassador, charged with running the group's Vienna headquarters.

Police crack case of dismembered woman

Police crack case of dismembered woman Jakarta (JP): Police in Malang, East Java, say they may have cracked the case of the murder of a young woman, whose head, intestines and limbs were found floating in the Brantas river last month. Five men have been arrested and two others are wanted in connection with the murder of the woman, identified as 21-year- old Sumiati.

Sjamsiah, figure behind success of meet on women

Sjamsiah, figure behind success of meet on women By Ati Nurbaiti JAKARTA (JP): As delegates of a regional conference on women held here prepared to leave following their verbal tug-of-war, the conference chairperson, Sjamsiah Achmad, is one person who can at last breathe a bit easier. A red rose and gifts with attached cards signed by foreign names lay on the table of her temporary office in the wing of the Jakarta Hilton Convention Center last Saturday afternoon.

E. Timor coffee farmers have jubilant harvest

E. Timor coffee farmers have jubilant harvest DILI (JP): This year's (May-October) harvesting season is bringing joy to East Timor's coffee farmers, but not without worries. Local farmers now say they are free at last to sell their produce to higher bidders -- free from the fettering monopoly held by PT Denok.

RI to contact Pyongyang, Seoul to defuse tension

RI to contact Pyongyang, Seoul to defuse tension JAKARTA (JP): President Soeharto, in his capacity as chairman of the Non-Aligned Movement (NAM), plans to dispatch an envoy to Pyongyang yet again in the hopes of defusing the escalating tensions on the peninsula. Nana Sutresna, assistant to the NAM chairman, told reporters on Thursday that he will also be traveling to Seoul in the hope of finding a peaceful way out of the conflict.

Surabaya judge cleared of bribe scandal

Surabaya judge cleared of bribe scandal JAKARTA (JP): The Supreme Court has cleared a top Surabaya judge from allegations that he accepted bribes in acquitting three businessmen from tax evasion charges. Judge Sarwono, formerly deputy chief of the Surabaya court, however, has been disciplined for "misconduct" and has lost his chances of promotion to become the head of the district court in Medan.

Phone for diplomatic center

Phone for diplomatic center JAKARTA (JP): PT Abadi Guna Papan, a private company under the Bimantara Citra business Group, signed here yesterday an agreement with the state-owned PT Telkom domestic telecommunications company to construct telephone infrastructure at the Grand Kuningan diplomatic center.

Mahathir accuses U.S. of racism

Mahathir accuses U.S. of racism KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad questioned yesterday whether U.S. opposition to the East Asia Economic Caucus (EAEC) was due to racism. "Why the rejection? Is it because of our color?" Mahathir said in reaction to Washington's reported opposition to the caucus within the Asia-Pacific Economic Cooperation (APEC) forum.

Cycling in Beijing offers a glance at the people

Cycling in Beijing offers a glance at the people By Harry Bhaskara BEIJING (JP): The bicycle is still the most popular means of transportation in Beijing despite the invasion of taxis on the city's streets. To many residents, bicycles are cost-efficient, reliable, environmentally friendly, and promote health for their riders. "Cars are very expensive and only a few can afford them. Most of the cars in the streets are state-owned," said Maggie Shu, a Beijing resident.

Malaysia changes policy of its rubber industry

Malaysia changes policy of its rubber industry KUALA LUMPUR (AFP): Malaysia announced it was revamping its natural rubber policy, saying current productivity needed to be enhanced to match rising competition from other producers. "The cabinet has directed my ministry to draw up a new policy for the rubber industry so that its potential could be maximized for better returns," Primary Industries Minister Lim Keng Yaik said.

No steak in Batam

No steak in Batam BATAM ISLAND: Authorities here have seized 4.5 tons of illegally imported beef. A spokesman for the Batam authority, Dadang Kusnandar, said the authorities have not yet identified the origins and the importer of the meat but said that the case would be referred to the district court. "We are serious about this," he insisted. He added that on Batam, imported beef cannot reach shops without first passing the quarantine inspection at the port.

Dewi Sukarno's nude pictures now available on floppy disk

Dewi Sukarno's nude pictures now available on floppy disk SEMARANG, Central Java (JP): Shots of erotic poses of Ratnasari Dewi, the widow of the late president Sukarno, are now available in floppy disks, outwitting the government's ban on her book, Madame D. Syuga from which the pictures are taken. The pictures come in a program called Compushow, created by Bob Berry from Canyon State System and Software, Sedona, U.S.

RP sustains growth

RP sustains growth MANILA (AFP): The Philippines has moved on from the boom-and- bust cycle of growth that has plagued the country for decades, President Fidel Ramos said yesterday, but he admitted the fresh gains have yet to trickle down.

Mayora pays bonus shares

Mayora pays bonus shares JAKARTA (JP): The annual shareholder meeting of PT Mayora Indah, a food processing industry, yesterday agreed to pay a dividend of Rp 70 (32 cents) per share and to distribute one bonus share for every 25 existing shares. The board of directors reported that the company's net profit increased from 13.5 billion ($6.25) in 1992 to Rp 26.35 billion ($12.21) in 1993.

A tale of poor scavengers

A tale of poor scavengers From Republika The 'operation order' officials of Kembangan District, West Jakarta, have burned scores of scavengers' shelters recently. This shows the arrogance of government officials to members of the lower classes. Because of this arbitrary act, 150 families lost their shelters including their second-hand goods that will be sold. I hardly believe that they could act this way to such poor people. Do they have a conscience?

Four killed in road accident

Four killed in road accident Four people were killed and three others seriously injured when an inter-city bus struck a sand truck from behind on the Jakarta-Cikampek toll road on Thursday. The crash occurred when the inexperienced bus driver lost control of his vehicle when one of its front tires blew out, Kompas reported. The dead and the injured were all passengers of the Pribumi Raya bus. They were thrown from the bus upon impact.

Malaria cases down on Batam

Malaria cases down on Batam BATAM ISLAND: Health authorities remain watchful for malaria although reports indicate the disease has subsided over the past five years. Head of the Batam health office, Mawardi Badar, said the local government is cooperating with neighboring Singapore to fight malaria. He said the government is set to make the fast developing industrial island malaria-free.

Analysts uncertain over Barito-CASH transaction

Analysts uncertain over Barito-CASH transaction SINGAPORE (Reuter): Analysts are uncertain about what lies behind this week's developments in the reverse takeover of Malaysia's Construction and Supplies House Ltd (CASH) by Indonesian timber tycoon Prajogo Pangestu. CASH, listed on the Kuala Lumpur Stock Exchange (KLSE) and Singapore's over-the-counter market, in February announced an alliance with Prajogo's Barito Pacific (Barito) group. The alliance will be signed on Saturday.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambassador Lounge: Amir (pianist) Monday to Friday 7:30 a.m. to 9:30 a.m., Saturday 8 a.m. to 10 a.m.; Boece (pianist) & Rima Monday to Thursday 7 p.m. to 11:30 p.m., Friday & Saturday 7 p.m. to 12:30 a.m.; Jakarta String Fantasy Trio (chamber music) Sunday 12:30 p.m. to 3:30 p.m., Monday to Saturday 3:30 p.m. to 6:30 p.m.; Yusuf (pianist), Sunday 7 p.m. to 11:30 p.m.

RI's sepak takraw tour to Myanmar

RI's sepak takraw tour to Myanmar JAKARTA (JP): The Indonesian sepak takraw teams are set to go for a try-out tour which covers China and Myanmar next August, said an official of the Indonesian sepak takraw association yesterday. Denny Muslim told newsman that the tour will be used to filter the players required for the upcoming Asian Games in Hirosima, Japan next October.

Regional rubber price rally seen shortlived

Regional rubber price rally seen shortlived SINGAPORE (Reuter): Regional rubber prices are seen remaining buoyant in the coming week but traders said further upside potential is limited by prospects of a seasonal production rise and a dearth of keen buyers. "The market is due for a correction," said a trader at a U.S. trading house in Singapore.

Insurance firms required to publish quarterly reports

Insurance firms required to publish quarterly reports JAKARTA (JP): The government has required insurance companies to be more transparent by publishing their financial performance through the print or electronic media every three months, an official of the finance ministry says.

PT Telkom responds

PT Telkom responds From Neraca In response to Sujadi's letter "Public telephones in Golkar's office" (Neraca, June 9, 1994), we have the following comments: * According to the results of our survey, two out of four public telephones installed in Golkar's office are not functioning. * We plan to repair the damaged telephones and at the same time install some additional units.

Washington, eyeing new markets, upgrades focus on Indonesia

Washington, eyeing new markets, upgrades focus on Indonesia NEW YORK (Opecna): Washington is to upgrade its relations with Jakarta, having "developed the most elaborate country strategy that the government has ever had towards a developing country", according to United States Undersecretary of Commerce for International Trade Jeffrey Garten.

Safe succession

Safe succession From Editor Dr. Suhardiman suddenly formed Baladhika Karya (a loose force), meant to safeguard the succession process. According to Suhardiman, who is Deputy Chief of the Supreme Advisory Council, this special force is designed to curb violence that may arise at the time of succession. The first succession took place when Sukarno was succeeded by Soeharto. The elections of president that followed were done without much ado.

Business convention in Davao

Business convention in Davao KENDARI (JP): Some 100 businessmen affiliated with the South East Sulawesi chapter of the Indonesian Chamber of Commerce and Industry (KADIN) will attend the first East Asia businessmen conference in Davao, the Philippines, next month. The convention was originally scheduled for May 24-28 but was postponed after Indonesia protested against the Asia Pacific Conference on East Timor which was held by the University of Philippine recently.

Native Betawi unconcerned about influx of new-comers

Native Betawi unconcerned about influx of new-comers JAKARTA (JP): The indigenous people of Jakarta, or orang Betawi as they are known, remain resolute in their traditional ways without begrudging the sweeping changes in the city. With the 467th anniversary of the capital on the threshold, a number of Betawi people interviewed by The Jakarta Post were unconcerned about the influx of new-comers stripping the face of the city of its traditional veneer.

Forest for sale or for exchange

Forest for sale or for exchange JAKARTA (JP): Forests may now be stripped bare for other uses only if the developer converts a non-forested area that is at least three times larger into a forest. Director General of Inventory and Forest Land Use Titus Sarijanto said yesterday that the Minister of Forestry had issued a decree (No. 55/1994) stipulating the requirement on Feb. 7.

More protests over Bapindo

More protests over Bapindo SEMARANG, Central Java: Students of the Walisongo State Institute of Islamic Studies (IAIN) staged a protest on Thursday demanding the trial of three former ministers in connection with the huge fraud at Bank Pembangunan Indonesia (Bapindo). They said Sudomo, Sumarlin and Nasrudin Sumintapura should be punished for their roles in the issuance of huge bank credits to businessman Eddy Tansil.

Street widening

Street widening From Jayakarta We, residents of Jl. Kerkof, South Cimahi district, are disappointed at the measures taken by the Bandung authorities who forcefully demolished the fence walls of the community to make way for a road widening project. We considered the action unpopular and one that ignored the people's aspirations. Historically, Jl. Kerkof was built by the Dutch colonial government and the fence and the building itself remain in the former position.

12 cock-fighting gamblers nabbed

12 cock-fighting gamblers nabbed A city police team from the On-the-Alert squad have arrested a total of 12 people believed to have bet on cock-fighting behind the railway station in Tanjung Priok, North Jakarta. During the raid on Wednesday, the team also confiscated five cocks, Rp 105,000 (US$48.80) in cash and a traditional card-and- dice gambling set. After spending a night in police custody, the 12 were temporarily released with the guarantee of a retired police lieutenant.

Suba Indah stops production of liquor

Suba Indah stops production of liquor JAKARTA (JP): PT Suba Indah, a manufacturer of sausages, condiments, spirits, wines and soft drinks, has stopped its liquor production due to Operation Cleansing. "Our liquor sales have been hampered since the operation was intensified in April. We have totally stopped the production of liquor," Suba's president Lukman Djuhandi told reporters after attending the company's annual shareholders meeting yesterday.

PT Lamtoro Gung proposes $2b road project in Manila

PT Lamtoro Gung proposes $2b road project in Manila MANILA (AFP): PT Citra Lamtoro Gung Persada, controlled by Indonesian President Soeharto's eldest daughter, has offered to build a two billion-dollar toll road in the Philippines, sources said yesterday. The project, a joint venture with the state-controlled Philippine National Construction Corp. (PNCC), aims to build a network of skyways totaling 35.9 kilometers and 68.8 kilometers of toll roads in Manila.

Trucks impounded in North Jakarta

Trucks impounded in North Jakarta At least seven trucks have been impounded by the North Jakarta Traffic and Land Transportation Control Office after the vehicles were discovered carrying soil during daylight hours on certain roads. Head of the office, Abubakar Ahmad, said here yesterday that the trucks were seized on Jl. Plumpang. The vehicles were heading for Cilincing, Abubakar said, without mentioning the day when the raid was carried out.

Demolition of houses on state land continues

Demolition of houses on state land continues JAKARTA (JP): While the city mayors say they are planning to continue demolishing squatters homes on state land, they have pledged to carry out the evictions and destruction wisely. The mayors said they will only instruct their men to pull down houses built without legal permits on the state land if they fail to make the residents see things their way.

Burns bursts to early lead in Indonesia Rally

Burns bursts to early lead in Indonesia Rally By Dwiatmanta MEDAN, North Sumatra (JP): Briton Richard Burns is making an impressive debut at the 1994 Indonesia Rally championship when he steered to victory in the first leg of the race yesterday. The 23-year-old driver from Berkshire, England, who partnered Robert Reid, shrugged off the disadvantage of youth, his fourth seed and North Sumatra's hot and humid weather by setting the best time of one hour, 20 minutes and 58 seconds.

How much for a game ball and fries?

How much for a game ball and fries? JAKARTA (JP): Amidst the World Cup's largely hedonistic football fiesta, an American-fast food style restaurant is carrying out a pricey auction of the event's official FIFA match ball for charity. "The starting bid is Rp 500,000 (about US$220) and the money will go to the Rotary club which will then use it for helping children with a vitamin A deficiency," said Lucia Clara yesterday, a staffer at the ADA corporation which owns the Happy Day restaurant in JL.

Major arts events planned for 1995

Major arts events planned for 1995 JAKARTA (JP): The year 1995, when Indonesia marks its 50th year of independence, could well put Indonesia on the map in the world's arts scene. The government announced its plan to host two major art events of international scale, yesterday. The first one is the an international exhibition and seminar on Contemporary Arts of the Non-Aligned Countries (CANAC) in May, to coincide with a ministerial meeting of the 111-strong Third World's movement.

School as cultural center

School as cultural center Speaking before the national congress of the Association of Indonesian Educational Scholars, President Soeharto reemphasized that schools should become cultural centers. We wish to underline this statement because educators should continuously make efforts to be sensitive to rapid and fundamental changes. The progress of science is so fast, making relationships between nations ever closer and borderlines between countries insignificant.

The amazing Dayak Bungan porters of West Kalimantan

The amazing Dayak Bungan porters of West Kalimantan Text by Dolly Priatna photos by Ismunandar SAMARINDA, E. Kalimantan (JP): Fifteen days after setting out from Pontianak, the provincial capital of West Kalimantan, the long-boat trip upstream from the mouth of the Kapuas river ended at Tanjung Lokang -- the most distant village in Kapuas Hulu regency of West Kalimantan. Here, in this Bungan Dayak village of 500 inhabitants the trek up the Mueller mountain range would begin.