:: jawawa.id :: Indonesian Business and Finance News

Thu, 01 May 1997

JP/City to rebuild Tjitjih playhouse

City to rebuild Tjitjih playhouse JAKARTA (JP): Governor Surjadi Soedirdja said the city would rebuild the Miss Tjitjih playhouse that was gutted in a fire Saturday in Cempaka Baru, Central Jakarta."It's no problem.

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Thu, 01 May 1997

JP/Customs director vows to improve service

Customs director vows to improve service JAKARTA (JP): Customs director Permana Agung has again pledged to facilitate smooth flows of goods through Tanjung Priok port by forging closer coordination with banks and customs brokers.

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Thu, 01 May 1997

JP/Teenager jailed for beating

Teenager jailed for beating DILI: The Dili District Court sentenced a 15-year-old youth to four months in prison and one year's probation on Tuesday in the beating of a magazine reporter.

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Thu, 01 May 1997

JP/Campaign schedule for Indonesia for May 1, 1997:

Campaign schedule for Indonesia for May 1, 1997: Party Campaign area Important campaigners ----------------------------------------------------------------- PPP Kalimantan, Sulawesi Hamzah Haz, Zain Badjeber, Sulawesi Tosari Widjaya, Ali Hardi Kiaidemak Golkar ...

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Thu, 01 May 1997

JP/Setyanto elected as Sahid hotel chain's president

Setyanto elected as Sahid hotel chain's president JAKARTA (JP): Publicly listed PT Hotel Sahid Jaya International elected PT Telkom's former president, Setyanto Prawira Santosa, as its new president yesterday.Sahid's outgoing president, Sukamdani S.

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Thu, 01 May 1997

JP/Geologist's autopsy report completed

Geologist's autopsy report completed JAKARTA (JP): An autopsy report confirming the suicide of Filipino Bre-X geologist Michael de Guzman will be given to the Philippines government soon, police said.Head of National Police Detective Department, Brig. Gen.

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Thu, 01 May 1997

JP/NTB chosen for fishing project

NTB chosen for fishing project MATARAM: West Nusa Tenggara (NTB) is among four provinces selected for a pilot project for intensification of fishing operations, a local official says.

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Thu, 01 May 1997

JP/Interpretation of democracy

Interpretation of democracy One of the stranger aspects of the forthcoming election -- apart from the fact that it is being controlled by the Armed Forces -- is that none of the three permitted groups appears to have a policy with which it might hope to win votes.

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Thu, 01 May 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * President Hotel, Jl. Thamrin, Central Jakarta: - Sky Garden Grill and Supper Club; Sky Riders Band, daily except Wednesday at 7 p.m. to 10 p.m., Abadi Soesman Band, Wednesday at 7 p.m. to 10 p.m. - Rainbow Lounge; open daily, at 8 a.m. to 12 p.m.

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Thu, 01 May 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 30, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 01 May 1997

JP/Iranian involved in court debate

Iranian involved in court debate JAKARTA (JP): An Iranian on trial here for allegedly possessing 155 heroin pills, was involved in a lengthy debate with the judge and a security guard when he denied the charges against him.

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Thu, 01 May 1997

JP/Naval officers get promotion

Naval officers get promotion SURABAYA: A total of 176 members of the eastern fleet (Armatim) of the Indonesian Navy have been promoted.The base commander, Lt. Col. JW. Kainawa, led the ceremony here yesterday."Promotion is not a gift," he said.

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Thu, 01 May 1997

JP/Golkar supporters attack PPP offices

Golkar supporters attack PPP offices YOGYAKARTA (JP): Two groups participating in a Golkar rally vandalized two United development Party (PPP) offices and injured one person here yesterday, a local party official said.

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Thu, 01 May 1997

JP/Ciputra's profit up 41% last year

Ciputra's profit up 41% last year JAKARTA (JP): Publicly listed property developer PT Ciputra Development reported yesterday a 41 percent increase in net profit to Rp 131.4 billion (US$54.3 million) last year from Rp 93.1 billion in 1995.The company's spokesperson, Nanik J.

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Thu, 01 May 1997

JP/Feedback Unit a forum for S'poreans

Feedback Unit a forum for S'poreansBy Jacqueline Lee SINGAPORE (IPS): A Singaporean who disagrees with the government is likely to let off steam in Internet chat groups, in letters to editors or in watering holes where rumors, like mugs of steaming coffee, are passed around, embellished and ...

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Thu, 01 May 1997

JP/Five arrested for drug possession

Five arrested for drug possession JAKARTA (JP): Police detectives arrested five men in different incidents for possessing a gun, 12 kilograms of marijuana, and 28 grams of heroin worth around Rp 38.7 million (US$16,133).Chief detective for general affairs at the City Police, Lt. Col.

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Thu, 01 May 1997

JP/Sealing of Kemang establishments halted for election

Sealing of Kemang establishments halted for election JAKARTA (JP): The South Jakarta mayorality is to suspend closing business establishments on Jl. Kemang Raya for the next two months because of the election.

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Thu, 01 May 1997

JP/Surjadi reprimands poll contenders

Surjadi reprimands poll contenders JAKARTA (JP): Jakarta Governor Surjadi Soedirdja, in his capacity as chairman of the Jakarta branch of the Indonesian Elections Committee, reprimanded yesterday the three political groups for breaking the rules.

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Thu, 01 May 1997

JP/Domestic airline to use endorsable ticket system

Domestic airline to use endorsable ticket system JAKARTA (JP): After two years preparation, six domestic airlines will introduce today endorsable tickets allowing passengers to use tickets from one airline on other carriers.

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Thu, 01 May 1997

JP/RI team told to ignore East Timor protests

RI team told to ignore East Timor protests JAKARTA (JP): Athletes representing Indonesia at the Arafura Games in Darwin, Australia, in two weeks must ignore protests on East Timor's integration, a Ministry of Foreign Affairs official said yesterday.

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Thu, 01 May 1997

JP/Many pilgrims arrive home without luggage

Many pilgrims arrive home without luggage JAKARTA (JP): Many haj pilgrims returned home from Saudi Arabia yesterday only to learn that their luggage was missing.

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Thu, 01 May 1997

JP/Second Indonesia team tries to conquer Everest

Second Indonesia team tries to conquer Everest JAKARTA (JP): After an Indonesian team reached the summit of Mt. Everest (8,848 meters) Saturday, a second Indonesian team is planning to do the same by May 6.Lt. Col.

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Thu, 01 May 1997

JP/Megawati T-shirts sell like hot cakes

Megawati T-shirts sell like hot cakes SEMARANG: Megawati T-shirts calling on people to boycott this month's election are selling like hot cakes here and in Salatiga.Customers include mothers and children, who can buy the T- shirts for between Rp 5,000 (US$2) and Rp 10,000.

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Thu, 01 May 1997

JP/Abstaining 'shows political awareness'

Abstaining 'shows political awareness'By Sirikit Syah JAKARTA (JP): Political observer M. Budyatna defended yesterday students who decided to abstain from voting, saying the stance reflects political awareness rather than apathy."The students are just critical.

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Thu, 01 May 1997

JP/W. Java to host 250cc motorcross meet

W. Java to host 250cc motorcross meet JAKARTA (JP): Preparations are underway at the Jatinangor circuit, West Java, for the 12th leg of the world 250cc motorcross championship from Aug. 2 to Aug. 3.

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Thu, 01 May 1997

JP/Patent protection system application

Patent protection system application Indonesia revised last month its copyright, trademark and patent laws to conform with the Agreement on Trade-Related Aspects of the Intellectual Property Rights (TRIPs) of the Geneva-based World Trade Organization.

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Thu, 01 May 1997

JP/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.

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Thu, 01 May 1997

JP/Political parties told to quit convoy of vehicles

Political parties told to quit convoy of vehicles JAKARTA (JP): The Armed Forces (ABRI) said yesterday it was holding the three general election contestants' leaders accountable for the illegal, massive street rallies that have congested traffic and caused one fatality.ABRI spokesman Brig. Gen.

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Thu, 01 May 1997

JP/Golkar supporters rally in the streets

Golkar supporters rally in the streets JAKARTA (JP): Golkar supporters could not fail the temptation to rally in the streets of the capital and elsewhere in Java yesterday in an obvious breach of the election campaigning rules.

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Thu, 01 May 1997

JP/Supermarkets in regencies

Supermarkets in regencies We would like to thank you for your recent coverage of our company (April 28, 1997) under the title, Matahari to open outlets in six regencies.However, in our opinion, the article contained some misleading parts which have created a negative image of Matahari.

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Thu, 01 May 1997

JP/Share prices gain ground

Share prices gain ground JAKARTA (JP): The Jakarta stock market gained ground yesterday as the JSX composite index rose 4.82 points to 652.05.Turnover was worth Rp 444.14 billion (US$185.05 million) as 224,83 million shares were traded.

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Thu, 01 May 1997

JP/'Parochial' big powers ignore world trouble spots

'Parochial' big powers ignore world trouble spotsBy Ian Black LONDON: Obsessions with domestic politics by the world's leading powers are weakening the international community's ability to deal with foreign threats and crises, a leading think- tank warned this week.

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Thu, 01 May 1997

JP/Tommy marries his dream girl

Tommy marries his dream girl JAKARTA (JP): President Soeharto's youngest son Hutomo Mandala Putra, or Tommy as he is widely known, was married yesterday in a stylish ceremony that combined traditional Javanese regalia and Islamic ritual.

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Thu, 01 May 1997

JP/Election jitters grip businesses, says Sofyan

Election jitters grip businesses, says Sofyan JAKARTA (JP): Leading businessman Sofyan Wanandi described yesterday the May 29 general election as Indonesia's "most critical", and admitted that local businesses are jittery.

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Thu, 01 May 1997

JP/Art Events

Art EventsExhibition: Bauhaus Photography at Galeri Fotojurnalistik Antara, Jl. Antara 59, Pasar Baru, Central JakartaMay 7-19, 11:30 a.m. - 7:30 p.m.Renowned photographers such as Lsl Moholy-Nagy influenced the Bauhaus movement, which was founded by Walter Gropius in 1919.

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Thu, 01 May 1997

JP/What's the independent poll watchdog doing now?

What's the independent poll watchdog doing now?By Yenni Kwok JAKARTA (JP): Very often, the word "independent" means that the Independent Election Monitoring Committee (KIPP) has to work underground as if it was an outlawed organization.

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Thu, 01 May 1997

JP/Rivalry appeases around table

Rivalry appeases around table PONTIANAK, West Kalimantan: Arch rivalry between the three election contenders here has turned into night-long chats between friends.

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Thu, 01 May 1997

JP/Bina Graha donates nut seeds

Bina Graha donates nut seeds PALU, Central Sulawesi: The Bina Graha presidential office in Jakarta will provide superior quality cashew nut seeds to farmers in the Banggai Islands, Central Sulawesi, in a bid to increase smallholder crop production.

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Thu, 01 May 1997

JP/Jakarta office rentals expected to increase

Jakarta office rentals expected to increase JAKARTA (JP): Jakarta office rentals have begun to increase with A-grade prime rental space averaging US$15 a square meter a month for tenants occupying units of less than 500 square meters.

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Thu, 01 May 1997

JP/Fire inflicts Rp 1m in losses

Fire inflicts Rp 1m in losses CILACAP, Central Java: A fire destroyed a three-story electronic goods shop on Jl. Raya Diponegoro here, causing Rp 1 million in losses. No fatalities were reported.Eyewitnesses said the fire started about 7 p.m.

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Thu, 01 May 1997

JP/PSSI to decide fate of Danurwindo today

PSSI to decide fate of Danurwindo today JAKARTA (JP): The Indonesian Football Association (PSSI) will meet today to decide whether to replace Danurwindo as national coach.

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Thu, 01 May 1997

JP/Can Kabila bring peace and democracy to troubled Zaire?

Can Kabila bring peace and democracy to troubled Zaire?By Omar Halim JAKARTA (JP): Zaire has been held together under central and authoritarian rule since it was colonized by Belgium in 1885.

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Thu, 01 May 1997

JP/Raising PPP flag turns deadly

Raising PPP flag turns deadly KLATEN, Central Java: A man fell to his death from the top of a tree Monday when raising a United Development Party (PPP) flag on a bamboo pole, police said yesterday.

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Thu, 01 May 1997

JP/Megaproject

Megaproject I'd like to comment on the letter Mamberamo project by Mr. Dominggus Mompioper (April 19, 1997).My attention was first aroused when Mr. Dominggus quoted Minister of Research and Technology B.J.

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Thu, 01 May 1997

JP/PDI runs out of money

PDI runs out of money PALANGKARAYA, Central Kalimantan: The local Indonesian Democratic Party (PDI) chapter has run out of money on the third day of campaigning.Local PDI officials are uncertain if they can continue their campaign now that the party's coffers are empty.

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Thu, 01 May 1997

JP/TV today

TV todayTVRI 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 Performance: Pelangi Budaya 5:00 Arabic Lessons 5:25 Variety Show: Jendela Dunia ...

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Thu, 01 May 1997

JP/Government urges insurance mergers

Government urges insurance mergers JAKARTA (JP): The government has called on domestic insurance firms to merge to increase their capital and strengthen their international competitiveness.

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Thu, 01 May 1997

JP/An ASEAN quandary

An ASEAN quandary Within the next 100 days, the seven foreign ministers of the ASEAN members will decide whether to enlarge their group to 10. The current belief is that they will vote in late July to admit Myanmar, Cambodia and Laos.

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Thu, 01 May 1997

JP/Transatlantic high followed by sober normality

Transatlantic high followed by sober normalityBy Manfred Rowold RICHMOND (DPA): An American political scientist remarked at last week's three-day meeting jointly held by the American Council on Germany and the Atlantic Bridge in Richmond, Virginia, that the Americans were often inclined to take ...

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Thu, 01 May 1997

JP/Hundreds of people leave PDI campaign

Hundreds of people leave PDI campaign UJUNGPANDANG, South Sulawesi (JP): An indoor election campaign organized by the government-recognized Indonesian Democratic Party (PDI) faction was abandoned by hundreds of the party's supporters here yesterday.

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Thu, 01 May 1997

JP/Ometraco's profit up 22%

Ometraco's profit up 22% JAKARTA (JP): Publicly listed conglomerate PT Ometraco Corporation's 1996 net rose 22 percent from Rp 54.4 billion in 1995 to Rp 66.3 billion (US$27.3 million) last year.

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Thu, 01 May 1997

JP/Children are our future

Children are our future An article tucked in the inside page of yesterday's Kompas daily newspaper was hardly surprising, yet it was disturbing nevertheless because it begs us to do something urgent.

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Thu, 01 May 1997

JP/PPP cancels public gathering in Medan

PPP cancels public gathering in Medan JAKARTA (JP): The United Development Party (PPP) canceled its campaign in Medan, North Sumatra yesterday, fearing possible further clashes with supporters of rival political groups.

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Thu, 01 May 1997

JP/Chopper makes forced landing

Chopper makes forced landing JAKARTA (JP): Rain and strong winds forced a police helicopter to make an emergency landing on a racecourse in Pamulang, Tangerang, on Monday, police said yesterday.The helicopter was returning from securing first day campaign activities in Jakarta. Pilot Capt.

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Thu, 01 May 1997

JP/Lippo triples profit

Lippo triples profit JAKARTA (JP): Publicly listed insurance firm Lippo Life reported a huge increase in pre-tax profit yesterday from Rp 20.1 billion in 1995 to Rp 66 billion (US$27.2 million) last year.Net earnings jumped from Rp 20.1 billion to almost Rp 60 billion last year.

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Thu, 01 May 1997

JP/Criminal shot dead

Criminal shot dead JAKARTA (JP): The number of alleged criminals shot dead by police increased when an unemployed man was shot yesterday in Ciracas area, East Jakarta, when he resisted arrest.A police sergeant at the East Jakarta Police precinct said the man, M.S.

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Thu, 01 May 1997

JP/Airport chief killed in accident

Airport chief killed in accident DILI: Dili's airport commander, Lt. Col. Daniel Parinding, was killed yesterday when his motorized hang glider crashed.Airport officials said the accident happened at about 9 a.m. when the glider was about 60 meters up in the air.

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Thu, 01 May 1997

JP/Cultural diversity must be maintained: Expert

Cultural diversity must be maintained: Expert JAKARTA (JP): The government must preserve cultural diversity and give greater recognition to the achievements of Indonesia's indigenous people in sustainable development, a law professor said.

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Thu, 01 May 1997

JP/A UN official for East Timor?

A UN official for East Timor? The International Commission on Human Rights has adopted a resolution calling for the stationing of a UN human rights official in Jakarta. The official's task will be to observe the implementation of human rights in East Timor.

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