Indonesian Political, Business & Finance News

Archive: 8 August 1995

42 articles found

Telkom shares for Japan

Telkom shares for Japan TOKYO (AFP): Indonesia's PT Telkom plans to raise up to US$4 million in Japan though a public share offering lead managed by Nomura Securities Co. Ltd. and Daiwa Securities Co. Ltd., Jiji Press reported yesterday. The news agency said the Indonesian state-owned telecommunications carrier would become the first first Asian company to publicly offer shares in Japan.

Manila SEC commissioners resign over bickering

Manila SEC commissioners resign over bickering MANILA (Reuter): A long-drawn out turf battle at the Philippines' Securities and Exchange Commission (SEC) has come to a head with President Fidel Ramos calling for the resignation of the top five SEC officials from their posts. The SEC's four associate commissioners announced at a news conference yesterday they had submitted their resignations. SEC Chairman Rosario Lopez, on the other hand, had yet to show up in public.

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, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m. to 11 p.m. - Ambassador Lounge: Boece & Ayu (pianist and singer), Tuesday to Saturday, from 8 p.m. to 12:30 a.m. Jakarta String Fantasy Trio, Monday to Saturday from 3:30 p.m. to 6:30 p.m.

Rationing of milk imports

Rationing of milk imports JAKARTA (JP): The Ministry of Trade announced yesterday that milk-processing companies are now allowed to import 2.9 units of fresh milk for every unit of locally-produced milk they procure. A spokeswoman of the ministry, Lily Rosyana, said in a statement that the 1:2.9 ratio will be applied to milk-processing firms which have been appointed to import fresh milk as a raw material in their production.

Wisdom required

Wisdom required The violence which erupted last week in connection with a land dispute at Jenggawah, East Java, is truly regrettable. The destruction of state property and attack on officers, for whatever reason, only show that law and order are not as they should be and that people are inclined to be impatient, which causes them to easily take the law into their own hands.

Hostess strangled to death

Hostess strangled to death JAKARTA (JP): A nightclub hostess was strangled to death yesterday by her husband in Petogogan, South Jakarta, police reported. South Jakarta district police reported the victim, identified as Susanti, 25, was killed by her jealous husband Tedi Setiawan, 30, who turned himself in. Rusdiansah, the victim's father, said his daughter worked as a hostess at a night club in Blok M, South Jakarta, while Tedi was jobless.

Woman found dead, half naked

Woman found dead, half naked JAKARTA (JP): Police yesterday found the dead half-nude body of an unidentified woman under a bridge on the Tanjung Priok toll road. The Tanjung Priok police assumed the victim was beaten and raped before she died. Police said a witness saw three men who were believed to have been with the victim before she died. The 150 centimeter tall victim had shoulder-length hair. Her face was covered with bruises.

PPP legislators asked to be vocal

PPP legislators asked to be vocal SURAKARTA, Central Java (JP): Chief of the United Development Party (PPP) Ismail Hasan Metareum, who won notoriety for firing a whistle-blowing legislator in May, calls on his legislators to be outspoken. Metareum told thousands of party activists on Sunday night that legislators should have the courage to defend the interests of the people at whatever risks.

Wind sends off sailing races to Jakarta

Wind sends off sailing races to Jakarta BENOA, Bali (Agencies): A strong easterly wind, the noise of Balinese gamelan and mystical traditional local dances gave the official send off yesterday to the 141 sailing ships of all colors, shapes and sizes in a race to Jakarta.

Alatas ejects Evan's remark on ambassador

Alatas ejects Evan's remark on ambassador JAKARTA (JP): Indonesian Minister of Foreign Affairs Ali Alatas yesterday discarded his Australian counterpart's calls for an Indonesian ambassador not linked to East Timor as a personal opinion superfluous to Jakarta's prerogative to select a candidate. "That's his own opinion," Alatas told journalists yesterday when asked to comment on Gareth Evans' desire that Indonesia's next ambassador to Australia have a clean record in regard to East Timor.

KL wins power deal in RI

KL wins power deal in RI KUALA LUMPUR (AFP): A Malaysian consortium comprising Sikap Group, national power firm Tenaga Nasional and Renong Bhd. are to build a 24-billion-ringgit (US$9.6 billion dollar) power plant at Bukit Lasam, Indonesia, company officials said yesterday. Sikap Group chief executive Zainal Osman said a memorandum of understanding had been signed between the Malaysian companies and the Indonesian partners Latif Corp.

Bekasi detectives win 1995 best service award

Bekasi detectives win 1995 best service award JAKARTA (JP): The crime investigation unit of the Bekasi police force in West Java, which solved the recent headline grabbing gang-rape case in a matter of days, won one of the 10 awards given out by President Soeharto yesterday to state agencies truly dedicated to the public. Soeharto yesterday personally presented the Abdisatyabakti award to Captain Edward Penong, the chief detective at the Bekasi precinct, during a ceremony at the State Palace.

Hooliganism, not racism

Hooliganism, not racism Letters from Mr. Ross Gulliver and Mr. Zatni Arbi (The Jakarta Post, Aug. 3 and 5, 1995, respectively) touch a raw nerve in me. Yes, life is indeed hard times. When sari-clad Indian women go to a market here, they also get remarks such as nahi, nahi from passers-by. If I go with my family and happen to hear these words, I smile and cheerfully wave at the people who make these comments.

Control needed at new bus stations

Control needed at new bus stations JAKARTA (JP): The Deputy Governor in charge of development affairs, Tb. M. Rais, has suggested using a "closed system" to improve public order at bus stations. "Under this system only bus passengers are allowed to enter the station compound," he told reporters at City Hall yesterday. Rais added that the system would also help better organize the management of the bus terminals.

Business expansion to be regulated

Business expansion to be regulated JAKARTA (JP): The government is processing a regulation on the expansion of large businesses with domestic market shares of more than 50 percent amid public debate on the same issue. Coordinating Minister for Trade and Industry Hartarto said yesterday that he and a number of related ministers are preparing a government regulation on business expansions. The other ministers include Minister of Industry Tunky Ariwibowo, Minister of Trade Satrio B.

No more ET code: Soesilo

No more ET code: Soesilo JAKARTA (JP): The government announced yesterday that it will start phasing out the use of the special ET code, which stands for Eks Tahanan-politik (former political detainees), on the identity cards of former communists, beginning on August 18 when it launches a new ID card system.

Jakarta prepares to welcome RI's 50th anniversary

Jakarta prepares to welcome RI's 50th anniversary JAKARTA (JP): The capital city is busier today due to preparations for a series of events to highlight the celebration of the golden anniversary of Indonesia's independence day on Aug. 17. Colorful five-watt bulbs twinkle outside each house, hut, small warung (street stall) and other buildings, hailing the upcoming fiesta.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug.7, 1995: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 2,350 0 0 AHAP Insurance 3,300 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 2,075 75 194,000 Aneka Kimia Raya 6,400 0 0 Anwar Sierad 1,350 0 111,500 Aqua Golden Mississippi 2,800 0 0 Argha Karya Prima Industry 1,875 0 114,000 Argo Pantes 2,500 0 0 Asiana IMI Indusrties 850 0 2,000 Aster Dharma...

Prisoners get remission

Prisoners get remission BANJARMASIN, South Kalimantan: President Soeharto has granted remission to 322 prisoners in the province. Semiyono, head of the provincial office of the Ministry of Justice, told Antara yesterday that 274 prisoners received the presidential remission and 48 were immediately released because their jail terms were ended by remission. "For this year all prisoners have received special remission in relation with the National Day, on Aug.

The people are supreme: Ong

The people are supreme: Ong SINGAPORE (AFP): Singapore's President Ong Teng Cheong said publicly for the first time in an interview published here yesterday that he and the government had disagreed over the interpretation of his powers. The city-state's first directly elected president told The Straits Times that he felt that his wide executive powers, which the judiciary ruled could be trimmed, could only be taken away by the people who elected him in 1993.

RP foundation defends award for Pramoedya

RP foundation defends award for Pramoedya MANILA (AFP): The foundation granting Asia's most prestigious literary award yesterday rejected calls to withdraw its prize to a leftist Indonesian accused of once running a "witch hunt" on writers. Pramoedya Ananta Toer will receive the 1995 Ramon Magsaysay Award even though two former winners from Indonesia and one from the Philippines have threatened to turn in their prizes in protest, the Magsaysay foundation said.

Smile works wonder

Smile works wonder With regard to Mr. Ross Gulliver's analysis (The Jakarta Post, July 17, 1995) I would like to state my views. As an expatriate I have never as such encountered any such instances of racism in Indonesia. Whenever we traveled to different parts of Indonesia we came back with a lovely feeling of having shared something invaluable. We have always admired Indonesians for their immeasurable patience, accepting nature and self-control.

Telecommunications executives wary of Telkomsel's plan

Telecommunications executives wary of Telkomsel's plan JAKARTA (JP): Telecommunications executives are wary of PT Telkomsel's plan to attract more cellular telephone subscribers by allowing them to buy any handset sold by their agents or other distributors.

Holiday

Holiday In observance of the Prophet Muhammad's birthday, The Jakarta Post will not appear tomorrow. The Post will appear again on Thursday. -- Publisher

15,058 people apply for jobs

15,058 people apply for jobs DILI, East Timor: About 15,058 job seekers took the civil service test conducted in 13 regencies. Sebastio Dias Ximenes, chief of the human resources agency of the provincial administration, said yesterday that the 15,058 people, included 13,126 high school graduates, 1,402 university graduates and 530 under-graduates, were competing for 2,000 positions.

Beasts, humans live in peace

Beasts, humans live in peace JAYAPURA, Irian Jaya: Crocodiles, snakes, boars and human beings are living in peace, side by side, in the hinterland along the Mambremo river, Irian Jaya. They mingle playfully. This is neither a fiction, nor children's bedtime story but a real life scene, as told by an official of the local Development Planning Agency, Rence Kawengian, to Antara yesterday.

Secretary General looks forward to ASEAN 10

Secretary General looks forward to ASEAN 10 JAKARTA (JP): The Association of Southeast Asian Nations marks its 28th anniversary today with its "ASEAN 10" vision nearing reality. Established in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand, ASEAN admitted Brunei in 1983 and Vietnam last month at the ASEAN Ministerial Meeting in Bandar Sri Begawan, Brunei.

KL's stance on Bosnia unchanged

KL's stance on Bosnia unchanged KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad said yesterday his plan to defend Bosnian Moslems from Serb aggression was unchanged, despite the resignation of the Balkan state's prime minister. "We support whoever represents the government of Bosnia," Mahathir said in response to questions on whether Malaysia's stance on Bosnia would change with (Haris) Silajdzic's resignation.

AJI celebrates anniversary in simple, solemn manner

AJI celebrates anniversary in simple, solemn manner JAKARTA (JP): The Independent Journalist Association (AJI), which is not recognized by the government, celebrated its first anniversary yesterday in a simple, solemn manner. The celebration was marked by dozens of the association's members gathering at the Central Jakarta District Court an hour before the trial of their three comrades.

Industries not ready for faster free-trade

Industries not ready for faster free-trade BANDAR SERI BEGAWAN (Reuter): A call at the recent Association of Southeast Asian Nations (ASEAN) meeting to speed up introduction of its free-trade area has received a mixed response with some industries saying they are not ready for fast-track trade liberalization.

Magsaysay choice a touchy issue

Magsaysay choice a touchy issue By Hermawan Sulistyo JAKARTA (JP): Last month Pramoedya Ananta Toer was awarded the 1995 Magsaysay Award for Journalism, Literature and Creative Communication Arts. For many, this is not a surprise at all. Despite all the difficulties, Pram is a prolific writer. Some prominent members of European literati indeed had tried to nominate him as a Nobel Prize candidate.

Traditional cultures need bridge with modern world

Traditional cultures need bridge with modern world JAKARTA (JP): Unless traditional cultures are made easier to grasp for modern society, they will vanish, Minister of Environment Sarwono Kusumaatmadja said yesterday. "Anthropologists, social workers and other groups working with traditional communities must help to build the bridge with the modern world," Sarwono said.

Illegal quarry to be controlled

Illegal quarry to be controlled CIREBON, West Java: The local administration has said that it would stop illegal quarrying in nearby villages after three sand quarriers were killed in the Waled Asem district last week. The three were killed by a landslide, Antara news agency reported. Djadja Supardja, a staff of the administration, said yesterday that the authorities had tried to control the quarry activities but to no avail.

Expert witnesses to testify in workers' lawsuit

Expert witnesses to testify in workers' lawsuit JAKARTA (JP): The Teater Buruh Indonesia (Indonesian Workers Theater Group) will present expert witnesses in their lawsuit against the head of the City Directorate of Social and Political Affairs at the Jakarta State Administrative Court. Presiding judge Benyamin Mangkoedilaga agreed yesterday with the group's demand to present expert witnesses in the next trial session. "I agree with it," he said.

Arief wins legal battle against rector

Arief wins legal battle against rector SEMARANG, Central Java (JP): Outspoken lecturer Arief Budiman won his legal battle against the management of Salatiga's Satya Wacana Christian University over his dismissal last year. The Semarang State Administrative Court ruled the university rehabilitate Arief's name and compensate him for the material loss he suffered due to the dismissal.

Alleged killers seek lighter sentences

Alleged killers seek lighter sentences JAKARTA (JP): The two defendants being tried at the North Jakarta District Court on charges of killing a business tycoon asked the judge to reduce the sentences demanded by the prosecutor. Agiono Safran and Sudartono, alias Atok, have been accused of killing businessman Darmansyah Sujadi, alias Nyo Beng Seng, in Pluit, North Jakarta, on April 15 last year.

Indonesia works toward issuing flight certification

Indonesia works toward issuing flight certification JAKARTA (JP): The International Civil Aviation Organization (ICAO) vowed yesterday to provide Indonesia's Directorate General for Civil Aviation with technical assistance to allow it to issue flight certificates for Indonesian-made aircraft.

Land document fraud in Tangerang

Land document fraud in Tangerang JAKARTA (JP): Two hundred Jatake, Tangerang, villagers complained to the National Commission on Human Rights about the forgery of land ownership documents. The fraud was allegedly perpetrated by a man identified as Adi Pranata, who is also known as Theo Soe Kiat. The residents reported that Adi claimed to be a "Cendana man" -- an obvious reference to the residential address of President Soeharto.

German national dies

German national dies On Thursday, Aug. 3, 1995, Guenther Fust, a German national, aged 85 years, passed away peacefully in his home on Pulau Kaliage Besar in the Thousand Islands. Fust had been an invalid, after a series of strokes over the past five years. Mr. Fust came to Indonesia in the early 1950s to head Hoechst Pharmaceuticals. Since his retirement in the mid 1960s, he has lived permanently on Pulau Kaliage Besar.

Credit card's tax treatment

Credit card's tax treatment JAKARTA (JP): Credit and debit card services provided by commercial banks are not subject to the 10 percent value added tax (VAT) because the services for such financing arrangements are common in the banking industry. Yesterday, to clear the public's confusion over the payment of VAT on credit and debit card services, Tax General Fuad Bawazier confirmed the treatment through a circulation letter.

ABRI cooperatives named the best

ABRI cooperatives named the best JAKARTA (JP): The cooperatives managed by several units of the Armed Forces (ABRI) in East Jakarta have been declared the best among cooperatives in the mayoralty. This was contained in a decision issued by the head of the East Jakarta branch office of the Department of Cooperative and Development of Small-scale Traders in conjunction with the 48th anniversary of the Cooperative Movement last weekend.

Big bonuses await Indonesian archers

Big bonuses await Indonesian archers JAKARTA (JP): The Indonesian women's archery team's success in saving their country from embarrassment at the just concluded World Archery Championships has paid off in the form of cash rewards. Oetojo Oesman, chairman of the national archery body, made it clear yesterday that Dahliana, Nurfitriyana Lantang and Hamdiah would receive "token awards" for beating Germany 219-217 to clinch the bronze on Sunday.