Indonesian Political, Business & Finance News

Archive: 4 April 1995

50 articles found

Company vehicles not subject to progressive tax

Company vehicles not subject to progressive tax JAKARTA (JP): Operational cars owned by companies are not subject to the progressive car taxation system, which has been introduced as of April 1, a member of the City Council said yesterday.

'Arisan' participants worried

'Arisan' participants worried JAKARTA (JP): Hundreds of participants in the controversial Danasonic arisan chain savings enterprise have expressed concern about the future of the scheme following media reports that police were continuing investigations into the coordinating company, PT Saptamitra Ekakarya. National Police Chief Gen.

Disappointed by Ibis Hotel

Disappointed by Ibis Hotel From Kompas On March 16, 1995, at about 11 p.m., my guest and I arrived at Ibis Hotel, Slipi, West Jakarta. My guest had a voucher from Nusawisata Travel Bureau in Surabaya, indicating that he had paid for the hotel reservation. However, my guest was not accepted as the hotel was already fully booked. The Front Office Manager explained that if the guest fails to arrive at 6 p.m., the room is given to another guest.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on April 3, 1995: Shares Close Change Trading Volume ------------------------------------------------------ ADES ALFINDO 2,525 0 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 1,000 ANDAYANI MEGAH 2,225 75 112,500 ANEKA KIMIA RAYA 5,300 1,000 ANWAR SIERAD 1,300 -25 298,000 AQUA GOLDEN MISSISSIPI 2,800 0 ARGHA KARYA PRIMA INDUSTRY 1,900 36,500 ARGO PANTES 2,625 -25 50,000 ASIANA IMI INDUSTRIES 1,400 100 1,000 ASTER DHARMA...

Three children die of diarrhea

Three children die of diarrhea SEMARANG: Three children have died and several dozen others have been hospitalized in an outbreak of diarrhea in the Kebumen regency, official sources said yesterday. The provincial government said in a statement that a team of medical personnel had been dispatched to four of the worst stricken villages in the Gombong subdistrict. The statement said that many of the patients admitted to hospitals were already in a critical condition on arrival.

Merpati's 629 extra flights

Merpati's 629 extra flights JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of the country's flag carrier Garuda Indonesia, will start operating 629 extra domestic flights today to support the transportation of haj pilgrims.

Police nab boss, hunt car-theft gang

Police nab boss, hunt car-theft gang JAKARTA (JP): South Jakarta police are searching for members of a gang specializing in stealing exclusive cars, following the arrest of their boss and the seizure of six exclusive sedans. A reliable source at a local police precinct said yesterday that the wanted persons are believed to be hiding in the city. The source, who asked not to be identified, said that the gang has stolen high-priced cars, such as the new brands of BMW and Mercedes Benz sedans.

Positive outlook on local market: Sachs

Positive outlook on local market: Sachs JAKARTA (JP): Goldman Sachs of the United States forecasts a positive outlook on the Indonesian equity market this year despite continued drops in share prices in the last three weeks.

Canadians to dance here

Canadians to dance here JAKARTA (JP): Les Ballets Jazz de Montreal, a Canadian ballet group lead by Genevieve Salbaing, will perform at Jakarta's Gedung Kesenian between April 7 and April 9. The group, founded in 1972, combines ballet dances with jazz music to produce an unusual form of ballet.

NU pledges allegiance to Soeharto

NU pledges allegiance to Soeharto SEMARANG (JP): The Nahdlatul Ulama (NU), Indonesia's largest Moslem organization, promised to defend President Soeharto against any attempt to unseat him by unconstitutional means. Abdurrahman Wahid, the controversial chairman of the Nahdlatul Ulama (NU), whose actions often project the image of government opposition, pledged NU's allegiance to Soeharto on Sunday, promising that the organization will serve as a buttress for the incumbent President.

Malaysia not ready to liberalize broking industry: Exchange chief

Malaysia not ready to liberalize broking industry: Exchange chief KUALA LUMPUR (AFP): Malaysia was not ready to license foreign brokerages to trade locally although they would still be allowed to do so through tie-ups with local houses, its stock exchange chief said yesterday. "The time will come, but personally I feel it is still not right yet at this stage to liberalize to that extent," Nik Din Nik Yusoff, the executive chairman of the Kuala Lumpur Stock Exchange (KLSE), said in an interview.

Vice governor opens church

Vice governor opens church JAKARTA (JP): Vice governor for people's welfare Museno said the church plays a pivotal role for Catholics to glorify the name of Jesus and instill deep religious feeling. Apart from conveying religious missions, he said, the church can also be used as a place to inform congregations about national development, either spiritual or physical.

66 students off to Japan

66 students off to Japan JAKARTA: Sixty-six researchers and students will leave for Japan today to continue their studies in various fields. They are the first group of Indonesians to receive the Japanese government's Monbusho scholarship this year. Japanese ambassador Taizo Watanabe said yesterday that the scholarships were intended to strengthen the relationship between Indonesia and Japan. The second group will leave for Japan in October. (pan)

Emission levels tightened at four notorious industries

Emission levels tightened at four notorious industries JAKARTA (JP): The government is tightening the emission levels for all industries in the country, with a specific emphasis on the worst polluters in the industries of cement, pulp and paper, coal-generated power and steel and iron works. In a new decree announced by State Minister of Environment Sarwono Kusumaatmadja yesterday, the government set more specific emission levels for the four industries.

Soldiers to be tried over Liquisa

Soldiers to be tried over Liquisa JAKARTA (JP): Two soldiers will be court-martialled for their role in the Jan. 12 killing of six people in Liquisa, East Timor, Army Chief of Staff Gen. R. Hartono announced yesterday. "The two soldiers of the Liquisa military district will be court-martialled on criminal charges," Hartono said, citing the findings of an Officers' Honor Council's investigation into the Liquisa affair.

Lost diploma

Lost diploma From Merdeka I received my diploma as a (S-1) graduate from the School of Law at Krisnadwipayana University in Jakarta on Jan 10, 1995. Being tired and hungry, I went to the Bakso Tebet restaurant in Matahari Plaza in Pondok Gede, Bekasi. When I left the restaurant I forgot my diploma which I had put in a plastic bag. Three minutes later I hurried back to the restaurant, only to find that the bag was gone. No one said they had seen the bag. The table where I ate had been cleaned.

End Spratly dispute peacefully

End Spratly dispute peacefully If the unthinkable happens in coming months and there is war in this region, the conflagration will likely be lit in the Spratly Islands. This isolated and inhospitable place, half-way between southern Vietnam and the Philippines, seems an unlikely prize. But six nations claim the barren atolls and South China Sea waters which make up the group. China, Taiwan, the Philippines, Vietnam, Malaysia and Brunei all covet the Spratlys for a variety of reasons.

Adrianus stops Thai Singtong

Adrianus stops Thai Singtong JAKARTA (JP): Orient and Pacific Boxing Federation lightweight champion Adrianus Taroreh delighted his victory-hungry home fans when he stopped Singtong Nontachai in the third round of their non-title bout in Manado, North Sulawesi, over the weekend. More than 75,000 fans packed the Gedung Juang '45 Sports Hall to witness the fight.

ABB and PT PAL join in power plant

ABB and PT PAL join in power plant JAKARTA (JP): ABB, the international electrical engineering company, has set up a new joint venture with state-owned PT PAL Indonesia and PT Barata in East Java to expand the manufacture of power plant equipment. The new company, to be called PT ABB Energy Systems Indonesia, will be 80 percent owned by ABB with the remaining 20 percent held by the two Indonesian companies, the ABB Group announced in a press release here yesterday.

Murderer from Surakarta to be executed in Jakarta

Murderer from Surakarta to be executed in Jakarta JAKARTA (JP): The execution of a convicted murderer on death row is imminent now that President Soeharto has rejected his appeal for clemency, the Antara news agency reported. Kartacahyadi, alias Yongki, a 35-year-old man convicted in a triple murder case in Surakarta (Solo), Central Java, has accepted the sentence.

A chance to close the gap

A chance to close the gap It was with confidence that the Indonesian delegation, led by President Soeharto, attended Sunday's opening of the "Hannover Messe 1995" by German Chancellor Helmut Kohl. Indonesia was chosen by the industrial fair organizers to be Germany's "Country Partner" because of its successes in economics, development and technology.

Chinese flag on Mischief Reef source of rift

Chinese flag on Mischief Reef source of rift By David Botbol ABOVE THE SPRATLY ISLANDS (AFP): The Chinese flag flutters prominently on Mischief Reef, a barren Spratly islet claimed by the Philippines and at the center of a growing territorial dispute with Beijing. The red flag with five yellow stars was unmistakable on two ships anchored in a lagoon and on buildings put up by the Chinese across the sprawling reef.

State companies asked to clean up their acts

State companies asked to clean up their acts JAKARTA (JP): The government ordered all companies run by provincial administrations yesterday to stop using public service as an excuse for poor efficiency. The companies should continue to serve the public without sacrificing financial efficiency, Suryatna Soebrata, the Secretary General at the Ministry of Home Affairs, told a meeting of executives and commissioners from 67 companies owned by 27 provincial administrations.

Cement price increase gets mixed reactions

Cement price increase gets mixed reactions JAKARTA (JP): The government's recent decision to increase the local reference price of cement by 40 percent was received with mixed reactions by government officials and business people. Minister of Public Works Radinal Moochtar said yesterday that the increase would not affect the development of the government's public works projects.

Indonesia, Thai share gymnastics laurels

Indonesia, Thai share gymnastics laurels JAKARTA (JP): Host Indonesia and Thailand shared the laurels on the opening day of the second Southeast Asian Junior Gymnastics Championships at the Senayan Volleyball Hall yesterday, winning one gold medal each. Indonesia's Novi Kartiana Sari scored a total of 34,775 points, earning a gold medal in the women's all-round artistic event, followed by teammate Irma Febryanti, who gained 34,600 points. Filipina Tanjuatco finished third, with 34,175 points.

Flawless warm-up for bridge team

Flawless warm-up for bridge team JAKARTA (JP): The national bridge team scored a warm-up victory in the Maesa Cup Foursome tournament here on Sunday as it gears up for the Far East Bridge Federation Championship in Perth, Australia, in May. Indonesian best pairs Danny Sacul/Franky Kawur, Munawar Sawiruddin/Bert Toar Polii and Sance Panelewen/Geovani Watulangis overcame local team Mandala Wina Tirta 20-10 in the final round, to collect 158 victory points.

Government service

Government service From Neraca Officials, including governors, have time and again said that in this era of globalization the government apparatuses should give the best possible service to society. But, the reality is quite different. Government officials, particularly those of the Jakarta Administration, are not very quick with their service to the needy unless one is ready to give an illegal fee to the official concerned. Their working ethics remain as ever before.

Mayor strikes back in land dispute

Mayor strikes back in land dispute JAKARTA (JP): North Jakarta mayor Soeprawito says he will file a counter-lawsuit against Hasan Saman and several other residents of the Koja Utara district who, he claims, have persuaded fellow residents to reject the sum of money offered by the mayoralty by way of land compensation. The land was appropriated to make way for the construction of a terminal for shipping containers.

Niedersachsen chosen for IPTN aircraft assembly plant

Niedersachsen chosen for IPTN aircraft assembly plant JAKARTA (JP): The German state of Niedersachsen (Lower Saxony) has been selected as the site for an assembly plant of Indonesia's state-owned aircraft manufacturer, IPTN. Minister/State Secretary Moerdiono said in Hannover yesterday that an in-principle agreement had been reached during a meeting between President Soeharto and Niedersachsen's Premier Gerhard Schroeder.

Seeking pen friends

Seeking pen friends I would like to have many pen pals (preferably men) from around the world, especially from the readers of The Jakarta Post. I am 24 years old and have many hobbies such as correspondence, outdoor activities, music and collecting foreign magazines. If you have the same hobbies as me or want to keep in touch with me, please write to: Antonius Hermawan, P.O. Box 1073, Palembang 30000, Sumatra Selatan, Indonesia, or call me (62-711) 357-242.

Fate of Palapa-C1 satellite still unclear

Fate of Palapa-C1 satellite still unclear JAKARTA (JP): The European consortium Arianespace, which last year failed to launch two satellites, is still unable to confirm the launching of Indonesia's Palapa-C1 satellite scheduled for November.

Rising cement prices

Rising cement prices What people have been expecting since the increase in cement prices last year has now become reality. The local benchmark prices for cement as of March 31 have been officially raised by a range of 18.56 percent in Kupang to 50.28 percent in Fak-Fak. According to the secretary of the Directorate General of Internal Trade, of the Ministry of Trade, this price increase for Portland Type-1 cement is intended to induce producers to expand their plants or build new factories.

Challenges to national unity (2)

Challenges to national unity (2) This is the second of two articles based on a paper presented by the Deputy Governor of the defense college at the National Resilience Institute (Lemhanas), Juwono Sudarsono, at the Indonesian Executive Circle on March 29, 1995.

Soeharto defends RI's human rights record

Soeharto defends RI's human rights record JAKARTA (JP): President Soeharto and Hannover mayor Herbert Schmalstieg were engaged in a lively discussion in the Germany city yesterday on Indonesia's human rights record. Soeharto, who is in Hannover to attend the Hannover Fair 1995, stressed that each country has its own values that determine the observance of human rights.

Embezzlement

Embezzlement I was astonished to know the sum of estimated state money embezzled during the 1994/1995 fiscal year as reported in The Jakarta Post, March 17, 1995. The figure Rp 1.1 trillion is such a big amount that actually could be dispersed in perspective posts. I wonder how the built-in control system which aims to control state budget works, and how a large sum of state money vanished uselessly. The taxes collected from the average people presumably are a little portion of that loss.

New exchange rates set

New exchange rates set JAKARTA (JP): The government has set the new rates for major foreign currencies against the rupiah, which will be used in the calculation of import duties, value added tax, income tax and luxury tax in the second quarter of this year. Under Decree No. 138/1995, dated March 30, the Minister of Finance determined that one U.S.

Hundreds join Malang race

Hundreds join Malang race JAKARTA (JP): More than 300 athletes from 13 countries have confirmed their entry in the international marathon to take place in Malang, East Java, on April 16. An official of the Malang sports authority, Mas Soemarto, said yesterday that participants in the annual race would include runners from Russia, England, the Netherlands, Ethiopia, China and Australia.

Soeharto, Herzog vow to help make UN strong

Soeharto, Herzog vow to help make UN strong JAKARTA (JP): President Soeharto said yesterday that both Indonesia and Germany can play an important role in strengthening the role of the United Nations. "I believe that Indonesia and Germany can both help each other in restructuring and revitalizing the United Nations," Soeharto said during a luncheon hosted by German President Roman Herzog in Bonn.

First flights of RI haj pilgrims leave for Jeddah

First flights of RI haj pilgrims leave for Jeddah JAKARTA (JP): Seven planes, each carrying 480 passengers, left for Jeddah from Halim Perdanakusumah airport yesterday to mark the start of the massive operation to send 195,000 Indonesians on this year's haj pilgrimage to Saudi Arabia.

Fiscal tax at Simpang Tiga airport

Fiscal tax at Simpang Tiga airport From Kompas I am a post graduate student at the Malaysian Agriculture University. Last Idul Fitri I went home to celebrate the holiday. Before my departure, I was advised by the immigration official of the Indonesian Embassy in Kuala Lumpur to change my passport address from Bogor (Indonesia) to Selangor, Malaysia and later was stamped penlu by immigration, which indicates that I was a foreign resident during my stay in Indonesia.

Bank of Tokyo in Manila

Bank of Tokyo in Manila MANILA (AFP): Bank of Tokyo started commercial bank operations in the Philippines yesterday, becoming the first of the 10 foreign banks allowed to set up in the country to open its doors. Bank of Tokyo's branch in the country's financial district of Makati would be its only branch in the Philippines and would only receive corporate accounts, spokeswomen said.

Write again

Write again My wife and I traveled in Indonesia on our honeymoon in 1989. In your country we met many nice and kind people. We visited many of your islands. They were all very beautiful and interesting. But our greatest adventure was traveling in Central Kalimantan. On the boat from Jakarta to Pontianak we met one man from Kalimantan named Zaini Godang. His address was Jl KHW Hasyim, GG H Saleh 60, Pontianak, and we spent a few days in his home.

RP experts question S'pore maid findings

RP experts question S'pore maid findings MANILA (Reuter): A Philippine forensic expert yesterday stood by his findings on the death of a Filipina maid in Singapore, saying an autopsy conducted there in 1991 was incomplete. Dr. Maximo Reyes, who conducted an autopsy on the exhumed remains of murder victim Delia Maga last week, told an official inquiry he was sticking by his findings that the maid was severely beaten before she was strangled.

Consortium to build $1.36 Jakarta subway

Consortium to build $1.36 Jakarta subway JAKARTA (JP): The government will form a consortium of state- owned companies, city-owned companies as well as foreign and local private companies to finance the construction of a subway system linking Blok M and the downtown (Kota) area. Governor Surjadi Soedirdja said in a City Council meeting last week that to build a subway system the government needs a great deal of funding, too much for the state and city budgets alone.

Crooked E. Jakarta officer sought

Crooked E. Jakarta officer sought JAKARTA (JP): City police are searching for a member of the East Jakarta police precinct believed to have acted as a godfather for a number of street hoodlums operating near the City Military Headquarters. Head of the On-the-Alert City Police for operational affairs Capt. Syaiful B. said yesterday the fugitive was identified only as MT, an officer from intelligence affairs at the East Jakarta police precinct.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m. - Ambassador Lounge: Amir (pianist), Monday to Friday, 7:30 a.m. to 9:30 a.m.; Saturday 8 a.m. to 10 a.m.; Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.; Sunday from 12:30 p.m.

Kaltim Prima Coal to float shares on Jakarta exchange

Kaltim Prima Coal to float shares on Jakarta exchange JAKARTA (JP): PT Kaltim Prima Coal, a coal mining company wholly owned by foreign investors, plans to float shares on the Jakarta Stock Exchange (JSX) to meet the government's requirements on divestment programs, a company executive said.

Authorities hunt for cult members

Authorities hunt for cult members PURWOKERTO, Central Java: Authorities are attempting to track down members of a religious cult, Islam Sejati, or "True Islam", who are believed to have fled to Irian Jaya to escape prosecution, an official said yesterday. Islam Sejati had scores of members in the Banyumas regency until, after 38 of its members disappeared, the local authorities became aware of the group's activities and banned it.

Civil servants out of business

Civil servants out of business PEKANBARU, Riau: Governor Soeripto said yesterday he would punish civil servants in his administration whose names appeared on the list of any private company's board of directors. In a meeting with officials, he said that the local government's regulation of 1980 made it clear that civil servants were prohibited from taking up second jobs at private companies, and were prohibited from owning shares in private companies.

Crossword puzzle with prize

Crossword puzzle with prize Every day The Jakarta Post has a crossword puzzle (Monday to Saturday on page 6, Sunday on page 9), together with the answer to the previous puzzle. It is interesting but sometimes I am lazy to fill the blank boxes because I think I can wait until the next day and find the correct answer. Besides that, there is no challenge because no reward is provided if I succeed in filling in all the blanks correctly.