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

Fri, 10 Oct 1997

JP/Tung must rise above politics

Tung must rise above politics It has become customary to rate the performance of holders of high office at the end of their first 100 days.

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Fri, 10 Oct 1997

JP/Man may face jail for minding drugs

Man may face jail for minding drugs JAKARTA (JP): West Jakarta District Court was asked yesterday to sentence a 23-year-old man to one year in jail for failing to report that his friend possessed 1.8 grams of heroin.

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Fri, 10 Oct 1997

JP/Sutiyoso initiates flood prevention campaign

Sutiyoso initiates flood prevention campaign JAKARTA (JP): Newly installed Governor Sutiyoso has urged the city's five mayors to start flood prevention initiatives in their respective areas prior to the rainy season.

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Fri, 10 Oct 1997

JP/Soeharto expected to approve seventh generation COW this year

Soeharto expected to approve seventh generation COW this year JAKARTA (JP): Director General of Mining at the Ministry of Mines and Energy Adjat Sudradjat expected President Soeharto would approve this year the controversial seventh generation contracts of work (COWs) for the development of the ...

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Fri, 10 Oct 1997

JP/BCA dollar account

BCA dollar account I read Moch Taufiq's letter with great sympathy (Oct. 7, Dollar savings at BCA). I also hold a BCA dollar account and went to withdraw some of my hard-earned U.S. dollars from the Kuningan branch last week.

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Fri, 10 Oct 1997

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Novotel Surabaya Hotel & Suites, Jl. Ngagel 173-175: - Dahana Lounge Bar: Happy Hour at 5:30 p.m. to 7:30 p.m., Los Javados Acoustic music. - Puri Pool Bar: Happy Hour at 5:30 p.m. to 7:30 p.m.

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Fri, 10 Oct 1997

JP/Thailand bows to prospect of Indonesia winning title

Thailand bows to prospect of Indonesia winning title As part of our coverage of the SEA Games, The Jakarta Post is running a profile of each of the 10 participating countries. The story below is the seventh in the series.

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Fri, 10 Oct 1997

JP/Synchronizing development

Synchronizing development Jakarta's physical development has once again come under the spotlight of public attention, and for obvious reasons. The capital city of Southeast Asia's largest country, Jakarta, is plagued by a host of problems that threaten its very livability.

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Fri, 10 Oct 1997

JP/Forest firefighting with water bombers bears fruit

Forest firefighting with water bombers bears fruit JAKARTA (JP): With assistance from an international contingent, signs began to emerge yesterday that firefighters were gaining an upper hand in the fight against the raging brush and forest fires.

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Fri, 10 Oct 1997

JP/Free trade may not hurt small companies

Free trade may not hurt small companies JAKARTA (JP): Free trade in the next century may not hurt small-scale companies as much as is feared as long as they can still capture the lower market segment, an economist has said.

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Fri, 10 Oct 1997

JP/Public places new hot spots for student brawls

Public places new hot spots for student brawls JAKARTA (JP): Student brawls near schools have become less frequent since August as troublemakers target more crowded areas, an official of the city's public order office said yesterday.

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Fri, 10 Oct 1997

JP/Many athletes unaware of banned drugs

Many athletes unaware of banned drugs JAKARTA (JP): Illegal drug-taking can cost athletes their careers, but few know much about banned drugs.

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Fri, 10 Oct 1997

JP/German firms hold expo

German firms hold expo JAKARTA (JP): At least 35 companies from Germany, mostly manufacturers of analytical and laboratory equipment, are taking part in a three-day exhibition, which opened yesterday at the Jakarta Convention Center.

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Fri, 10 Oct 1997

JP/Sorcerer's wife sues prosecution

Sorcerer's wife sues prosecution MEDAN, North Sumatra: Tumini, the first wife of a sorcerer suspected of a series of murders, sued Tuesday the Lubuk Pakam District prosecutor's office for her alleged illegal detention.

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Fri, 10 Oct 1997

JP/Westin Plaza Hotel apologizes

Westin Plaza Hotel apologizes In reference to the letter in your paper (Nice experience with a hotel, Oct. 8), The Westin Stamford and Westin Plaza regrets that the unfortunate incident happened.We truly apologize to Mr.

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Fri, 10 Oct 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 9, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Fri, 10 Oct 1997

JP/'IMF may impose few conditions'

'IMF may impose few conditions' JAKARTA (JP): The International Monetary Fund (IMF) should not impose many conditions on Indonesia in return for financial help to bail it out of the monetary crisis as it had done well in managing its economy, Minister/State Secretary Moerdiono said yesterday.

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Fri, 10 Oct 1997

JP/One dead in police helicopter crash

One dead in police helicopter crash JAKARTA (JP): One person was found dead and another in a critical condition when search teams located the wreckage of the police helicopter which went down along the Jambi and South Sumatra border Wednesday afternoon.Mechanic Sgt.

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Fri, 10 Oct 1997

JP/Mental illness stigma prevents cures

Mental illness stigma prevents cures JAKARTA (JP): Fear of humiliation still pervades the public and deters people from seeking medical assistance in treating mental illness.

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Fri, 10 Oct 1997

JP/District to launch regreening

District to launch regreening PONOROGO, East Java: The Ponorogo district administration, concerned about its 54,000 hectares of arid land, plans to launch a seven-year regreening program by cultivating at least three million merak teak seeds annually.

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Fri, 10 Oct 1997

JP/Research on sectarian riots to be conducted

Research on sectarian riots to be conducted JAKARTA (JP): Two prestigious state-run universities will cooperate with the Ministry of Religious Affairs to conduct a study on why riots erupted across the country over the past two years.

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Fri, 10 Oct 1997

JP/Jambi to send bands

Jambi to send bands JAKARTA (JP): Jambi will send three marching bands totaling 275 people for the 19th SEA Games closing ceremony on Oct. 19.Provincial police chief Col.

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Fri, 10 Oct 1997

JP/Honorary doctorate for Kusunoki

Honorary doctorate for Kusunoki DEPOK, West Java: The University of Indonesia presented on Wednesday an honorary doctorate to Japanese scholar Masahiro Kusunoki for his contribution to the development of Japanese- Indonesian studies.

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Fri, 10 Oct 1997

JP/Property market severely hit by economic crisis

Property market severely hit by economic crisis JAKARTA (JP): The excessive depreciation of the rupiah and high interest rates have made the local property market significantly vulnerable, an analyst and an industry executive said yesterday.

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Fri, 10 Oct 1997

JP/Indonesia sends cultural mission to Utah, Boston

Indonesia sends cultural mission to Utah, Boston JAKARTA (JP): A group of about two dozen Indonesian dancers leave tomorrow for Utah and Boston in the United States on a cultural mission aimed at helping build more positive bilateral relations.

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Fri, 10 Oct 1997

JP/Pianist Iswargia R. Sudarno pulls off all-Schubert recital

Pianist Iswargia R. Sudarno pulls off all-Schubert recitalBy Laksmi Pamuntjak-Djohan JAKARTA (JP): It was both a bane and a blessing for Iswargia R. Sudarno, or Lendi as he is better known to his peers, that the Erasmus Huis was only but a quarter full the night of his solo recital.

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Fri, 10 Oct 1997

JP/Port officials deny spill

Port officials deny spill MEDAN, North Sumatra: Belawan port denied there had been an oil spillage when a tanker loaded with 2,200 tons of palm oil caught fire in the Strait of Malacca off Aruah Island Monday.

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Fri, 10 Oct 1997

JP/The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.

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Fri, 10 Oct 1997

JP/Tourism fair in Balikpapan

Tourism fair in Balikpapan JAKARTA (JP): Balikpapan, the second largest city in East Kalimantan, will host a Tourism, Trade and Investment (TTI) Fair from Oct. 28 to Oct. 31.

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Fri, 10 Oct 1997

JP/Law enforcement, incentives needed to curb fires: Emil

Law enforcement, incentives needed to curb fires: Emil JAKARTA (JP): Stringent law enforcement and greater economic incentives are needed to curb the use of fire in land clearing activities by plantation companies and forest concessionaires, a respected environmentalist said yesterday.

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Fri, 10 Oct 1997

JP/Three suspects shot dead, another arrested

Three suspects shot dead, another arrested JAKARTA (JP): Three alleged criminals were gunned down and another one was arrested during police raids in East and Central Jakarta yesterday, increasing this year's death toll of suspects' shooting to at least 80.

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Fri, 10 Oct 1997

JP/SEA Games participants spread throughout 35 hotels

SEA Games participants spread throughout 35 hotels JAKARTA (JP): The participants in the 19th SEA Games are staying in 35 different hotels during the competition, the organizers' accommodation deputy Rianto Nurhadi said yesterday.

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Fri, 10 Oct 1997

JP/Quite a revelation

Quite a revelation I only realized a few days ago how naive and stupid I was in the political world of my country. I practically know nothing about hidden motives to become a member of our prestigious and honorable House of Representatives (DPR).

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Fri, 10 Oct 1997

JP/Where to go in Bali:

Where to go in Bali:Music and entertainment * Nikko Bali Hotel: - Kupu-kupu Amphitheater, Balinese dance performances at 9 p.m. to 10 p.m., Ramayana, on Saturday. - Oo Looloos Santap Restaurant presents live music daily except Monday at 9 p.m. to 2 a.m.

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Fri, 10 Oct 1997

JP/Man confesses to art attack

Man confesses to art attack JAKARTA (JP): A man admitted to having damaged a valuable painting by the late Hendra Gunawan in the Central Jakarta District Court Wednesday.

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Fri, 10 Oct 1997

JP/C. Sulawesi famine claims 12 lives

C. Sulawesi famine claims 12 lives JAKARTA (JP): At least 12 people in a drought-stricken village in Central Sulawesi have died of starvation in the past month, while thousands of others are now facing the same threat, Antara reported yesterday.

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Fri, 10 Oct 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Kelly 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film 5:30 Performance: Loro Blonyo 6:00 News: Lintasan ...

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Fri, 10 Oct 1997

JP/Worker killed after 10m fall

Worker killed after 10m fall JAKARTA (JP): A construction worker died yesterday after falling from 10-meter-high scaffolding at a hotel construction site in South Jakarta, bringing this year's death toll to 101.

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Fri, 10 Oct 1997

JP/Bribe taker not duped

Bribe taker not dupedFrom Surabaya PostRiding my motorcycle close to Jl. Ambengan near the railway crossing around noon on Sept. 29, I entered a roadblock set up by the East Surabaya Police who were checking on vehicle registration papers.I only had a photocopy of my vehicle document (STNK).

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Fri, 10 Oct 1997

JP/New airport project in Medan continues

New airport project in Medan continues JAKARTA (JP): The project to construct a new airport in Medan, North Sumatra is continuing, and the clearance of about 1,350 hectares of land for the construction has been completed.Spokesman for the Ministry of Transportation, Bambang S.

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Fri, 10 Oct 1997

JP/Bogor gets new police chief

Bogor gets new police chief BOGOR (JP): Lt. Col. Edmon Ilyas was installed yesterday as the new chief of Bogor City Police, replacing Lt. Col. Zaenal Abidin.Bogor Police chief Col.

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Fri, 10 Oct 1997

JP/Nokia, Telkom join forces

Nokia, Telkom join forces JAKARTA (JP): State-owned PT Telkom has established a radio access network laboratory in its research and information technology unit (Risti) in Bandung, West Java, in cooperation with Nokia of Finland.The laboratory was launched by Telkom's president, Asman A.

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Fri, 10 Oct 1997

JP/Opening ceremony to be grand festival

Opening ceremony to be grand festival JAKARTA (JP): A well-knit blend of dance, music and acrobatic performances are set to raise the curtain to the 19th SEA Games at Senayan stadium tomorrow.

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Fri, 10 Oct 1997

JP/Magnificent Indonesia thrashes Malaysia 4-0

Magnificent Indonesia thrashes Malaysia 4-0 JAKARTA (JP): Four unanswered goals yesterday rekindled Indonesia's hopes of winning the soccer gold medal in the 19th SEA Games.

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Fri, 10 Oct 1997

JP/FCB enters Indonesia

FCB enters Indonesia JAKARTA (JP): Foote, Cone & Belding (FCB) -- a large advertising agency in the United States -- has entered Indonesia through a technical assistance agreement with Advis, a local advertising agency.Under the agreement, the local company will be known as FCB Advis.

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Fri, 10 Oct 1997

JP/Food industry needs government push

Food industry needs government push JAKARTA (JP): The government must boost the competitiveness of the national export of farm products by providing fiscal incentives, a government official has said.

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Fri, 10 Oct 1997

JP/'Voice of oppressed' Seno sweeps literary awards

'Voice of oppressed' Seno sweeps literary awards JAKARTA (JP): Many people are oppressed but only a few dare to speak out against it. Seno Gumira Ajidarma, winner of this year's Southeast Asia Write Award and one of the country's most prolific writers, is one of them.

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Fri, 10 Oct 1997

JP/Rupiah and stock prices continue stabilizing

Rupiah and stock prices continue stabilizing JAKARTA (JP): The rupiah and stock prices continued to stabilize yesterday in response to the government's move to seek financial help from the International Monetary Fund (IMF), dealers and stockbrokers said.

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Fri, 10 Oct 1997

JP/Timber estates threaten forests

Timber estates threaten forestsBy Stepanus Djuweng PONTIANAK, West Kalimantan (JP): President Soeharto said recently that the forest fires in Kalimantan and Sumatra have been caused by the land clearing on cash-crop estates, timber estates and transmigration sites.

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Fri, 10 Oct 1997

JP/Qantas sees more passengers

Qantas sees more passengers JAKARTA (JP): Qantas Airways of Australia transported some 214,000 passengers from Jakarta to Australia in the first nine- months of this year.

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Fri, 10 Oct 1997

JP/Thailand relying on swimming veterans

Thailand relying on swimming veterans JAKARTA (JP): Thailand will bank on veterans in its bid to haul in gold medals from the swimming pool during the 19th SEA Games.

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Fri, 10 Oct 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Graphic Art Exhibition: by Marida Nasution, at the Galeri Cipta II, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, at 10 a.m. to 8 p.m., until Oct. 16. * Painting Exhibition: Van Der Sterren from New Zealand, at Galeri Linggar, Jl.

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Fri, 10 Oct 1997

JP/Currency crisis exposes RI's bank shortcomings

Currency crisis exposes RI's bank shortcomingsBy Marike Stellinga JAKARTA (JP): The recent currency crisis has put the focus on the weaknesses of Indonesian banks.

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Fri, 10 Oct 1997

JP/Start rights pact debate, Golkar told

Start rights pact debate, Golkar told JAKARTA (JP): More activists called on Golkar yesterday to let go of its anxiety toward a proposed human rights charter and initiate deliberations on it at the People's Consultative Assembly (MPR).

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Fri, 10 Oct 1997

JP/U.S. executive branch

U.S. executive branch Your statement that the U.S. presidency is "almost omnipotent" (A House of Cards?, Oct. 4) would surprise Bill Clinton and the four living ex-presidents. The executive branch cannot tell Congress or the courts what to do.

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Fri, 10 Oct 1997

JP/Tourism police given the cold shoulder

Tourism police given the cold shoulderBy Christiani Tumelap JAKARTA (JP): Many foreign tourists visiting the capital are still reluctant to ask for help or assistance from the city's tourism police unit, which was established 10 months ago.

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Fri, 10 Oct 1997

JP/Clouds disrupt Games torch-lighting ceremony

Clouds disrupt Games torch-lighting ceremony JAKARTA (JP): Men can only plan, God decides. And so it was during the SEA Games torch lighting ceremony at the ASEAN Secretariat on Jl. Sisingamangaraja, South Jakarta, yesterday.

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Fri, 10 Oct 1997

JP/Trust must be restored

Trust must be restored What is needed at present is a restoration, at home and abroad, of people's trust in the Indonesian economy and in the fact that we have a solid mechanism to regulate our political system. A growing trust will eventually build confidence and encourage productivity.

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