Internal dispute among labor exporters drags on JAKARTA (JP): The row in the Association of Labor Export Companies (Apjati) heightened yesterday with the government- backed leader threatening to take his opponents to court unless they surrendered the funds belonging to the association. Abdullah Puteh, the chairman of the government-backed executive board, demanded the old board to surrender the association's bank accounts and their books peacefully, or face a court order.

Man arrested for forging money JAKARTA (JP): The Bogor police have arrested one of four people suspected of forging money, Suara Pembaruan reported yesterday. The suspect, identified as Bud, 24, was apprehended over the weekend when he was about to use a fake Rp 50,000 note at the PD Pangestu store in front of the Bogor railway station on Jl. Nyi Raja Permas. The police seized three Rp 50,000 notes from the suspect, an ID card and some bank receipts.

Australia and Indonesia sign cooperation pacts CANBERRA (Agencies): Australia and Indonesia signed agreements here yesterday aimed at boosting cooperation and information exchanges between the two neighbors' finance industries. Australian Treasurer Peter Costello and visiting Indonesian Finance Minister Mar'ie Mumammad signed the umbrella agreement.

PT Gobel diversifies to build three-star hotel JAKARTA (JP): PT Gobel Development Corporation, a major electronics manufacturer, is entering the hotel business by constructing a three star-hotel on Jl. Saharjo in South Jakarta. The planned hotel, to be called Hotel Clarion Jakarta, is owned by PT Dharmagraha Nusantara, a Gobel subsidiary, and will be managed by PT Choice Hotels Indonesia, the master license holder of Choice Hotels International of the United States.