Indonesian Political, Business & Finance News

Archive: 10 July 1997

62 articles found

Govt approves six Casa-212s for Merpati

Govt approves six Casa-212s for Merpati JAKARTA (JP): The government has agreed to buy six Casa-212 aircraft for the state-owned carrier Merpati Nusantara Airlines, Minister for Transportation Haryanto Dhanutirto said yesterday. Haryanto told a House of Representatives hearing that the National Development Planning Board had approved the plan. "The aircraft will be used to serve pioneer routes," he said.

Drought dashes farmers' hope

Drought dashes farmers' hope UJUNGPANDANG, South Sulawesi: The dry spell has severely affected about 26,000 hectares of paddy fields in this province and in Riau, officials said yesterday. In South Sulawesi, at least 20,000 hectares of paddy fields, or about 10 percent of the province's paddy crop, are drying out due to a water shortage, local public office chief Kusnaeni said. He said the worst hit were rice fields in the southern and western coastal areas.

Where to go in Bandung:

Where to go in Bandung: Music and Entertainment * Horison Hotel, Jl. Pelajar Pejuang 45 No. 121, Maskumambang 8 Buah Batu: - Spec's Music Lounge and Karaoke, at 7 p.m. to 2 a.m., P&P Band and Flower Power Band, Wednesday, Saturday. Organist and Singer, daily. - Malabar Coffee Shop, open 24 hours: New Name Vocal Group, Tarambo Vocal Group, Rotama Vocal Group. - Lobby: Jaipongan Dance, Saturday, 6 p.m. to 9 p.m. * Chedi Hotel, Jl. Rancabentang 56-58: Job (Pianist), Monday, 6 p.m.

Merpati plane crashes, killing all three on board

Merpati plane crashes, killing all three on board JAKARTA (JP): A Casa-212 Merpati Nusantara Airlines aircraft crashed near Pattimura airport in Ambon, Maluku, yesterday morning killing its three-man crew, the airline's spokesman said. Tondo Widodo said flight MZ 7979 crashed at 10:57 a.m. about one kilometer from the airport where it was scheduled to land. The aircraft was on its way from Langgur, where its left engine had been under repair for a week, Antara reported.

Indonesian Moslem intellectuals and democracy

Indonesian Moslem intellectuals and democracy By Masykuri Abdillah JAKARTA (JP): The Moslem intellectuals' concept of the principle of liberty is not in line with the liberal view, namely the absence of constraints or obstacles. They support human liberty so long as the individual fulfills his duties and responsibilities, either to God or to his fellow man. This means that liberty is supported as far as it is not contrary to Allah's orders.

S'tomo, Fuji win RI order

S'tomo, Fuji win RI order TOKYO (Reuter): Sumitomo Corp said yesterday that it and Fuji Electric Co Ltd had won a 29 billion yen order from Indonesia to build the world's largest geothermal power generators. The consortium is to build a geothermal power plant, with two 110,000 kilowatt (kw) generators, on Java, Indonesia, for independent power producer Mandala Nusantara Ltd, a Sumitomo spokesman said.

Rupiah is strong and stable: Mar'ie

Rupiah is strong and stable: Mar'ie JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday the rupiah was strong and stable and capital inflows remained consistent, giving no evidence of inconsistency in the country's economic fundamentals. "One of the most striking features of our economic performance is that we have combined strong economic growth with moderate inflation," Mar'ie told the Asia-Europe Business Conference here.

ASEAN to discuss Cambodian crisis

ASEAN to discuss Cambodian crisis By Bill Tarrant KUALA LUMPUR (Reuter): Foreign ministers of the Association of Southeast Asian Nations (ASEAN) will be under considerable pressure to defer Cambodia's membership when they meet in Malaysia today, analysts said. Cambodia, Laos and Myanmar were set to become members of ASEAN at the end of this month, realizing a dream of its founders to have all 10 Southeast Asian nations in the grouping.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on July 9, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,225 -25 43,000 AHAP Insurance 2,850 0 0 Alter Abadi 1,000 0 0 Alumindo Light Metal 1,175 0 24,000 Alumindo Perkasa 850 0 67,000 Aneka Kimia Raya 1,425 -25 1,616,500 Anwar Sierad 1,125 75 10,936,500 Apac Centertex Corp.

Syarwan defends ABRI's handling of election riots

Syarwan defends ABRI's handling of election riots JAKARTA (JP): The military refused yesterday to take the blame for the trail of election violence that hit parts of the country in May. Armed Forces (ABRI) Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid said it was "unfair" to suggest that the riots, including one in the South Kalimantan capital of Banjarmasin which claimed 123 lives, had occurred because the military had been unprepared.

BBL Dharmala to issue Rp 200 billion bonds

BBL Dharmala to issue Rp 200 billion bonds JAKARTA (JP): Multifinance company PT BBL Dharmala Finance has plans to issue a five year bond worth Rp 200 billion (US$83.33 million) in July next year to strengthen its working capital. The company's president Sim Idrus Munandar said yesterday that about 65 percent of the bonds proceeds would be used to expand the company's leasing, 35 percent for consumer finance and 10 percent for factoring.

Oil prices slip as Iraq nearer crude exporting

Oil prices slip as Iraq nearer crude exporting LONDON (Reuter): Oil prices slipped yesterday as Baghdad took a step nearer resuming limited crude exports and on further evidence that a spring surge in U.S. gasoline demand is waning. Late on Tuesday Iraq gave the United Nations a preliminary draft of its food procurement and distribution plan, essential for the resumption of crude exports suspended since late May.

TV today

TV today TVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Patriot 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:35 Culture Program: Cakrawala Budaya 8:00 News: Lintasan Berita 8:05 News: Spectrum 9:00 World News 9:30...

Art Agenda

Art Agenda Art Exhibition: Pamela Jones Quilts at UPHLobby, Building A of UPH Tower, Lippo Karawaci, Tangerang, West Java; July 8-16 The Universitas Pelita Harapan, in association with the Australia-Indonesia Institute, presents quilts made by this Australian artist.

PWI to organize golf tournament

PWI to organize golf tournament JAKARTA (JP): The Indonesian Journalists' Association (PWI) and the Confederation of Asian Journalists (CAJ) will stage a golf tournament at the Matoa Golf Course in Ciganjur, South Jakarta. About 120 businessmen will participate in the one-day event to raise funds for the organization, PWI chairman Sofyan Lubis said. He said the August 3 event was in conjunction with ASEAN's 30th anniversary and CAJ's 22nd.

European business called on to invest more in RI hi-tech

European business called on to invest more in RI hi-tech JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo called on European business yesterday to invest more in high technology industry in Indonesia. Tunky said Indonesia would prefer foreign investment to be in high technology because it would add value to the country's economy through the transfer of technology and improvement in human resources.

Credit rating workshop

Credit rating workshop JAKARTA (JP): The ASEAN Forum of Credit Rating Agencies will hold a workshop in Yogyakarta to discuss rating standardization and harmonization. The president of PT Pemeringkat Efek Indonesia, Farid, said credit rating agencies from Thailand, Malaysia, the Philippines and Indonesia would take part in the two-day workshop which starts Thursday. "The conference aims to find ways to harmonize within ASEAN," he said.

Mandaluyung upsets Moscow in World Cities Chess C'ship

Mandaluyung upsets Moscow in World Cities Chess C'ship JAKARTA (JP): Top seed Moscow surprisingly lost to unfancied Filipino side Manduluyung in the second round of the World Cities Chess Championship here yesterday. Filipino youngster Ronald Bancod scored a sensational win over former world title candidate Sergei Tiviakov in four hours and almost 100 moves. With Bancod's win, Manduluyung beat Moscow 2.5VP-1.5VP.

Over 2,000 homeless as fire hits Sawah Besar

Over 2,000 homeless as fire hits Sawah Besar JAKARTA (JP): A fire which destroyed more than 100 houses in Sawah Besar district, Central Jakarta, yesterday, left 330 families, or more than 2,000 people, homeless. Residents of Jl. F Karang Anyar, in Karang Anyar subdistrict, quarreled with firefighters, who arrived late on the scene, and grabbed water hoses from them. They tried to extinguish the fire, which started at about 9 a.m., by themselves.

New fuel tax 'should be applied selectively'

New fuel tax 'should be applied selectively' JAKARTA (JP): The planned introduction of a new 5 percent tax on fuel should not be applied to all consumers, councilors said yesterday. Councilors were responding to the imposition of a new tax, which still waits for approval from the Ministry of Home Affairs after consultations with the Ministry of Finance. On Monday the government announced a deregulation package cutting local taxes from 42 categories to nine, and fees from 192 categories to 30.

Bad loans at Rp 10/23 trillion as of April

Bad loans at Rp 10/23 trillion as of April JAKARTA (JP): Bank Indonesia, the central bank, announced yesterday that bad loans at state and privately owned banks reached Rp 10.23 trillion (US$4.19 billion) as of April, or 2.93 percent of the total Rp 349.77 trillion in loans. This was higher than the bad loans total recorded in December last year, which was Rp 9.5 trillion, or 2.87 percent of the total Rp 331.29 trillion.

Government ready to evacuate Indonesians in Cambodia

Government ready to evacuate Indonesians in Cambodia JAKARTA (JP): Indonesia remains one of the last Association of Southeast Asian Nations (ASEAN) countries not to have evacuated its nationals in strife-hit Cambodia, but said yesterday that a Hercules military transport plane was on stand-by should the need arise. Minister of Defense and Security Edi Sudradjat insisted that despite remaining calm the government had a plan ready to evacuate its citizens.

Soeharto promises more local autonomy

Soeharto promises more local autonomy JAKARTA (JP): The government pledged yesterday to continue its campaign to delegate more authority to regency administrations, despite fears of national disintegration. President Soeharto made this clear while opening a seminar on regional autonomy at the State Palace. He said that local authorities had to have more say in their development affairs because they dealt directly with people. This would allow Jakarta to concentrate on strategic affairs.

Cartoons of concern on Bali's landscape

Cartoons of concern on Bali's landscape By Putu Wirata DENPASAR, Bali (JP): Cartoonists have the advantage of being able to convey their concerns on grave subjects in a forum often laughed off as unthreatening. Eight Balinese cartoonists from the Balinese Cartoonist Association (Pakarti) do just this by holding up a questioning mirror to the rapid development changes on their island in the glo-BALI-zation exhibition at Taman Budaya Denpasar here.

Ramos deflates sister's bid

Ramos deflates sister's bid MANILA (AFP): Philippine President Fidel Ramos offered scant support yesterday for his younger sister's bid to become president, denying reports that Leticia Shahani had won endorsement from a faction of the ruling party. "These so-called recommendations or endorsement are merely, at this stage, inputs into the (selection) procedures" for the Lakas (Strength) Party's standard bearer in May 1998, Ramos told a news conference.

RI coffee supplies very tight: Traders

RI coffee supplies very tight: Traders SINGAPORE (Reuter): Indonesian coffee supplies are tight while business for some trading houses who are long on coffee was said to be active, traders said yesterday. "The supplies from Indonesia are terrible," a senior trader for a major coffee house said. "The arrivals in Lampung are only averaging about 200-300 tons a day as opposed to the normal 800 to 1,000 tons. That's exceptionally low." Traders were divided on the reason behind the tight supplies.

History and films

History and films From Media Indonesia I would like to thank all the people involved in making the film Fatahillah possible, especially producer Surjadi Soedirdja. The film is a denial of the prevailing image that Indonesian films lack quality. But the three-billion rupiah film shows flaws in historical accuracy. As a history teacher, I have my doubts about the contents of the film.

Cambodia's Hun Sen considers compensating firms for losses

Cambodia's Hun Sen considers compensating firms for losses PHNOM PENH (Reuter): Cambodian strongman Hun Sen told ambassadors from Southeast Asian countries yesterday that his government was considering paying compensation to firms that suffered losses during widespread looting on Monday, his spokesman said.

Computerized school registration in a mess

Computerized school registration in a mess JAKARTA (JP): Parents and students have been flooding the Ministry of Education and Culture's city office over the past few days with complaints of students not being placed at selected schools. They questioned the results of computerized student placements at state-run elementary, junior and senior high schools.

Six states competing in bowling c'ship

Six states competing in bowling c'ship JAKARTA (JP): Six countries are competing in the 13th Indocement Cup International Open Bowling Championship which began at the Jaya Ancol Bowling Center yesterday. The men's world champion, Filipino Paeng Nepomuceno and women's world champion, Australian Cara Honeychurch, are competing as will as national champions of Malaysia, Thailand, Singapore and the Philippines.

Caltex to shift focus in Asia to downstream

Caltex to shift focus in Asia to downstream BANGKOK (Reuter): Tough competition and poor refinery margins have forced Caltex to shift its focus in Asia to downstream petroleum marketing from the refining business, a senior company official said yesterday. Jock McKenzie, regional vice-president for Caltex Petroleum Corp, told Reuters that it plans investment of around US$5 billion or less in Asia until the year 2000, with the majority of that going into the retail oil business.

Syarwan Hamid set to occupy seat in House

Syarwan Hamid set to occupy seat in House JAKARTA (JP): Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid confirmed yesterday that he would take a seat in the House of Representatives for the 1997-2002 term. But he quickly dismissed speculation that he would compete with Golkar chairman Harmoko for the post of House speaker. Syarwan topped the list of 75 high-ranking officers who will occupy the House seats reserved for the Armed Forces.

BI defends property loan ban

BI defends property loan ban JAKARTA (JP): Central bank Governor Soedradjad Djiwandono yesterday defended a ban on new loans for land acquisition and development, saying that moral suasion had not curbed a rapid increase in property loans. Speaking to House of Representatives Commission VII for finance and trade, Soedradjad said Bank Indonesia (BI), the central bank, had tried a moral suasion policy with banks for three years to stop them from giving property loans.

Expensive extension program

Expensive extension program From Pikiran Rakyat It is regrettable that, according to Asia Week (May 23, 1997), Padjadjaran University (Unpad), generally regarded as one of Indonesia's most prestigious universities, is not included in Asia's 50 best universities. The University of Malaya in Malaysia is apparently better. This is despite the fact that in the 1970s Malaysia solicited Indonesia's help for teaching staff and university lecturers.

Hun Sen seeks understanding from ASEAN

Hun Sen seeks understanding from ASEAN PHNOM PENH (Agencies): Cambodia's Second Prime Minister Hun Sen met ASEAN ambassadors yesterday, a day before the Southeast Asian grouping is to discuss Cambodia's forthcoming admission to its ranks. "He asked ASEAN ambassadors to convince their governments that this is an internal affair," spokesman Khieu Kanharith told reporters later.

Reading not a 'serious business'

Reading not a 'serious business' By Ignas Kleden JAKARTA (JP): The Indonesian Publishers Association's (IKAPI) Jakarta branch recently held a book fair. As is always the case, if there is an event which is related to books, one is tempted to raise the issue of book publishing and the low reading habit in the country. To try to solve the problem, IKAPI proposed reducing or eliminating the import tax on paper.

13 die in collision on Aceh highway

13 die in collision on Aceh highway JAKARTA (JP): Thirteen people died and at least four others were seriously injured in a traffic accident Monday night on the Banda Aceh-Medan highway. The victims were riding in a minivan that collided with a truck at Tibang, Pidie, 112 kilometers east of Banda Aceh, Aceh, Antara reported. Pidie police chief Lt. Col.

Tourism promotion budget far below target

Tourism promotion budget far below target JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications has targeted collecting Rp 207.45 billion (US$84.67 million) in development tax this fiscal year to finance tourism promotion. But minister Joop Ave told the House of Representatives yesterday that his office had failed to meet its development tax target for the last three years.

Stock settlement shortened

Stock settlement shortened KUALA LUMPUR (AFP): The Kuala Lumpur Stock Exchange said yesterday it would reduce the settlement period for transactions from seven days to five days from Aug. 18. This meant that investors would have to complete their sales and purchase of shares on the stock market within five days, analysts said.

'Bung' Karno's grave

'Bung' Karno's grave From Republika The plan to move Bung Karno's grave is a dilemma for his family and third parties. Batu Tulis, Bogor, is very close to the center of power. If there is a large-scale pilgrimage to the site, it will generate tremendous traffic congestion. The charisma of Indonesia's first president is still very much alive 27 years after his death, so there is anxiety among his political opponents about an increased love for the deceased (although this is a naive worry).

Polysindo and Datakom get improved ratings

Polysindo and Datakom get improved ratings JAKARTA (JP): Standard & Poor's raised the ratings of both PT Polysindo Eka Perkasa and Polysindo International Finance Co BV yesterday to BB plus from BB and reclassified both entities as stable instead of positive. Standard and Poor's said yesterday it had revised the ratings of both Polysindo's $125 million senior notes and $260 million guaranteed secured notes to BB+ from BB, and assigned a BB+ rating to Polysindo's $200 million secured notes.

Training course on funerals

Training course on funerals JAKARTA (JP): About 120 senior high school students began a week-long training course yesterday on funeral issues, a municipality spokesman said. Kamaludin S. said the course, which is sponsored by the City Funeral Office, intends to give detailed information on how to process funeral administration, including retribution payment, grave ownership licenses, grave removals and grave renovations.

Fair coverage

Fair coverage From Kompas I was somewhat flabbergasted when I watched Indosiar's "Focus Indosiar" program (July 7). The program presented a news item showing Megawati conducting the Haul Bung Karno celebration. I consider this coverage a brave maneuver by Indosiar in presenting fair and balanced information. Apparently Indosiar wanted to come up differently in its attempt to win viewers' hearts. Keep your neutral and balanced attitude, as this nation is not standing on one pillar only.

Thailand to host UN trade meeting

Thailand to host UN trade meeting BANGKOK (DPA): Thailand will host the 10th session of the United Nations Conference on Trade and Development in March 2000, the English-language Bangkok Post said yesterday. Deputy Foreign Minsiter Pitak Intrawityanunt confirmed to UNCTAD Secretary-General Rubens Ricupero in Geneva that Thailand would play host to what will be the first major international conference in the new millennium. The conference will consider three key points.

RP vows to defend peso but bourse falls

RP vows to defend peso but bourse falls MANILA (AFP): Philippine authorities vowed yesterday to defend the peso from speculators but the bourse plunged 4.1 percent on fears the central bank may not have the ammunition to back its words with action. Gabriel Singson, governor of the Central Bank of the Philippines, told AFP the country would maintain its existing exchange rate policy and expressed confidence it could hold off speculators.

Asian football mentally lacking, says AFC chief

Asian football mentally lacking, says AFC chief KUALA LUMPUR (AFP): Asian coaches must improve their players' mental agility if the region is to compete in world football, the Asian Football Confederation (AFC) said Monday. Commenting on the disappointing performance of Asian teams in the recent world youth football championship here, AFC secretary Peter Velappan said Asian teams lacked tactical awareness and mental commitment.

Naturalist's house in ruin

Naturalist's house in ruin TERNATE, Maluku: The house of 19th century British naturalist Alfred Russel Wallace in this North Maluku regency is in ruin because of neglect, Antara reported. The Ministry of Education and Culture and local authorities are responsible for maintaining the historical house where Wallace created an imaginary line connecting the eastern Philippines, Bali and Lombok where there are similar animal species.

Depok gets township status

Depok gets township status JAKARTA (JP): The West Java Provincial Legislative Council has approved raising the status of Depok from an administrative city to a township. The approval was reached in a session led by the council's speaker H. Agus Muhyidin and was attended by West Java Vice Governor H. Ukman Sutaryan in Bandung Tuesday. Similar approval was also given to Cilegon.

Palm oil down further at Euro veg oil market

Palm oil down further at Euro veg oil market LONDON (Reuter): Palm oil posted further losses at the close of the European vegetable oil market on Tuesday following the sharply lower finish in Malaysia. Near panic selling in Malaysia sent palm oil prices in Europe tumbling with sentiment in Kuala Lumpur badly hit by a report from the U.S. embassy which projected palm oil stocks at end- September at 1.01 million tons.

Sikka language

Sikka language On Feb. 28, 1994, I received a letter from Hein Steinhauer in response to my request published in "Your Letters" (The Jakarta Post Feb. 23, 1994). He also enclosed several copies of his papers and articles that he once sent to magazines or presented at certain seminars. I am especially grateful to him for taking the trouble to send me those sources which enabled me to accomplish my thesis writing and study at the Widya Mandira University's English Department in Kupang.

Blood donors 'should be told if they are HIV positive'

Blood donors 'should be told if they are HIV positive' JAKARTA (JP): A legislator has called on the government to drop a policy which forbids the Red Cross to inform blood donors if they are infected with the Human Immunodeficiency Virus (HIV).

New shipping policy needs financial support

New shipping policy needs financial support JAKARTA (JP): The government's move to allow imports of used cargo and fishing vessels needs financial and fiscal support, says a member of the House of Representatives. Bomer Pasaribu of the House Budgetary Commission said here yesterday that the deregulation measure would not achieve maximum results without such support.

History repeats itself

History repeats itself From Republika In the early 1990s, Indonesia manufactured sedan cars under the model MR-90 (people's car) which was affordable to most people. But the sales of this car were sluggish, forcing government departments to absorb the products to be used for official cars. Now Timor cars are following a similar pattern. How do they differ from their predecessors, MR-90? It remains an issue. Would Timor cars experience the same fate as MR-90? Pray, it should not be the case.

Broadcasting bill to be sent back for amendment

Broadcasting bill to be sent back for amendment JAKARTA (JP): President Soeharto will send the broadcasting bill, passed last December, back to the House of Representatives for amendment, Minister/State Secretary Moerdiono said yesterday. Moerdiono told House Commission II for home affairs that the President would soon write to House Speaker Wahono asking for an unprecedented second deliberation of the bill. "The President objects to some of the contents of the bill," Moerdiono said.

Cries for water?

Cries for water? From Merdeka The Jakarta Water Company should work harder to respond to society's challenge in areas that are still deprived of drinking water. Jakarta, which has been dubbed a "metropolitan city", is still unable to provide all its citizens with the primary need of clean water 50 years after independence. I am concerned about the company's difficulty in providing water to residents in North and West Jakarta. There must be a solution to this problem.

Komatsu Indonesia increases production capacity by 30%

Komatsu Indonesia increases production capacity by 30% JAKARTA (JP): Publicly listed heavy equipment producer PT Komatsu Indonesia opened yesterday a new heavy equipment assembly plant in Cilincing, North Jakarta. The company's vice president Budiardjo Sosrosukarto said the new plant would increase production capacity 33.3 percent to 2,400 items this year from 1,800 items in 1996.

Dow aims to enter SE Asian market

Dow aims to enter SE Asian market SINGAPORE (Reuter): Dow Chemical Co, the world's largest producer of chlorine and caustic soda, is aiming to penetrate the Southeast Asian market for these products, a company official said yesterday. "We virtually have zero market share (in Asia) and hope to move about 100,000 tons by 1999," Rod Tate, marketing manager for caustic soda Asia Pacific said in an interview.

Vendors face 18 months in jail

Vendors face 18 months in jail JAKARTA (JP): A prosecutor demanded the Central Jakarta District Court to sentence three roadside vendors involved in a riot and the arson of the Tanah Abang district office building to 18 months' imprisonment. Prosecutor AB Baskara was quoted by Suara Pembaruan afternoon daily yesterday as saying that the three violated Article 170 of the Criminal Code, which carries a maximum penalty of five and a half years' imprisonment. Baskara said on Jan.

Stop complaining about shortcomings: Soeharto

Stop complaining about shortcomings: Soeharto JAKARTA (JP): President Soeharto said yesterday it was needless for the nation to complain about development shortcomings, much less let discontent grow so that people lost self control and became destructive. Opening the 18th National Koran Reading Contest in Jambi last night, Soeharto said the nation should be grateful for the success and happiness it had received. It should also be strong and patient when facing scarcity and failure.

Where to go in Jakarta:

Where to go in Jakarta: Music * Jamz, Jl. Panglima Polim Raya. No. LMN 11, South Jakarta, at 9.30 p.m. to 1 a.m.: Harvey M, Benny L & Co, Monday. Benny L & Co, Dixie Night, Tuesday. Indra, Jamz Session, Wednesday. Wachdach Band, Thursday. Embong R and Audensi Band, Friday. Elfas Singer's Band, Saturday. * 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.

New fighting erupts in RP

New fighting erupts in RP ZAMBOANGA (Reuter): More fighting erupted in the southern Philippines yesterday despite an order by President Fidel Ramos for the military to cease offensive activity to clear the way for cease-fire talks, an army spokesman said.

Sound indicators

Sound indicators The robust, key economic indicators announced after the monthly cabinet meeting last week, when the Asian financial situation plunged into turmoil after the floating of Thailand's baht, served to further reassure both domestic and foreign investors of the sound fundamentals of Indonesia's economy. This development is especially welcomed as East Asia's financial market is expected to remain volatile in the next few weeks as businesspeople assess the impact of the baht flotation.