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

Sat, 15 Nov 1997

JP/Subagyo ahead in PBSI race

Subagyo ahead in PBSI race JAKARTA (JP): Eleven of the Badminton Association of Indonesia's provincial branches have backed Subagyo Hadisiswoyo as the only candidate for the chairmanship.

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Sat, 15 Nov 1997

JP/Melee breaks out at E. Timor campus

Melee breaks out at E. Timor campus DILI, East Timor (JP): Soldiers had to step in and fire warning shots when a melee broke out at an East Timor University campus yesterday, resulting in several injuries and 16 people being detained.East Timor military commander Col.

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Sat, 15 Nov 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.14 , 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Sat, 15 Nov 1997

JP/Flaunting the rules

Flaunting the rules The new Mulia Hotel and the chic cafes dotting Jl. Kemang Raya both flaunt Jakarta's zoning rules. Both are major tests for the city administration. At stake are its integrity and public image.

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Sat, 15 Nov 1997

JP/Mazda gears up for Thai production

Mazda gears up for Thai production BANGKOK: Mazda is gearing up to produce B-Series utilities at its joint-venture plant in Thailand.It has just started a trial run at the new facility. The plant is scheduled to start mass production by mid-1998.

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Sat, 15 Nov 1997

JP/Property 'the most hit' by govt policies

Property 'the most hit' by govt policies JAKARTA (JP): Several monetary policies introduced after the floating of the rupiah in mid-August has hit much of the property sector, the Indonesian Association of Real Estate Developers (REI) has said.

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Sat, 15 Nov 1997

JP/Transfer fee at BCA

Transfer fee at BCA Being a loyal client of BCA for so many years, I am disappointed to say that this bank has indeed turned itself into such a grand empire that it has somehow gotten lost on how to treat its customers properly -- not to mention the various inconsistent rules it has made for ...

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Sat, 15 Nov 1997

JP/High-tech solutions key to car security

High-tech solutions key to car securityBy T. Uncle YOU arrive home in the dark, step out of the car and fumble around trying find which of the keys on the bunch locks the car and which opens the front door.

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Sat, 15 Nov 1997

JP/Showrooms for the 21st Century

Showrooms for the 21st Century A car dealer's showroom used to be a simple affair.Shiny new models sitting on a polished floor, the salesman's desk and a couple of stands of brochures.

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Sat, 15 Nov 1997

JP/Golkar's move on security decree meets opposition

Golkar's move on security decree meets opposition JAKARTA (JP): Four lawyers' organizations opposed yesterday Golkar's motion to reintroduce a decree giving the president preemptive powers against subversive activities, saying it would be a breach of the 1945 Constitution.

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Sat, 15 Nov 1997

JP/359 RI workers incarcerated in S. Arabian jails

359 RI workers incarcerated in S. Arabian jails JAKARTA (JP): Minister of Manpower Abdul Latief disclosed yesterday that 359 Indonesians are currently imprisoned in Saudi Arabia."They were convicted for various crimes, including theft, immigration document forgery and adultery.

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Sat, 15 Nov 1997

JP/Venezuelan airline signs deal to buy four N-250

Venezuelan airline signs deal to buy four N-250 JAKARTA (JP): Air Venezuela, a private Venezuelan airline, signed a memorandum of understanding here yesterday to buy four N-250 aircraft from state-owned aircraft manufacturer PT IPTN, with an option to buy another four.

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Sat, 15 Nov 1997

JP/Task ahead for Chuan

Task ahead for Chuan The less than acceptable personalities in the Chuan Cabinet are, more or less, secondary to the public expectation that the new government must tackle the economic and financial crisis head-on.

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Sat, 15 Nov 1997

JP/Female bus charmer arrested

Female bus charmer arrested BREBES, Central Java: Police have arrested a 30-year-old woman for allegedly robbing passengers on intercity buses.

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Sat, 15 Nov 1997

JP/Free rabies shots for susceptible pet animals

Free rabies shots for susceptible pet animals JAKARTA (JP): The city has asked all residents with pets susceptible to rabies to immediately take the animals to nearby animal husbandry offices to receive free vaccinations.

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Sat, 15 Nov 1997

JP/Aetna's premium income up

Aetna's premium income up JAKARTA (JP): PT Aetna Life Indonesia announced in a statement yesterday that it recorded a 44 percent increase in premium income as of September this year compared to the corresponding period last year."The company has paid in capital of Rp 43.

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Sat, 15 Nov 1997

JP/Ethics of future remedy, past and present

Ethics of future remedy, past and presentBy Jerome Binde PARIS: Five years after the 1992 Earth Summit in Rio de Janeiro, Agenda 21 remains, for the most part, a dead letter. "Rio plus five" looks embarrassingly like "Rio minus five".

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Sat, 15 Nov 1997

JP/Police gun down wanted criminals on toll road

Police gun down wanted criminals on toll road BEKASI (JP): Detectives shot and killed three of the city's most wanted criminals during an early morning blockade on Cikampek toll road yesterday.Bekasi Police chief Lt. Col.

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Sat, 15 Nov 1997

JP/Titis to paint to musical accompaniment

Titis to paint to musical accompanimentBy Laksmi Pamuntjak-Djohan JAKARTA (JP): Picture, if you will, a forty-something lady at the opening of her painting exhibition in Paris. She already has over 65 exhibitions under her belt, and some of her works have become prized collector's items.

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Sat, 15 Nov 1997

JP/Communists making best use of Philippines' financial crisis

Communists making best use of Philippines' financial crisisBy Cecilia Quiambao MANILA (JP): The Asian financial crisis has given a new lease of life to the Philippines moribund communist insurgency, which now aims to feed on popular discontent over painful structural reforms deemed necessary to ...

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Sat, 15 Nov 1997

JP/Indonesia's melody-maker Titiek Puspa turns 60

Indonesia's melody-maker Titiek Puspa turns 60By Rita Widiadana JAKARTA (JP): She has prospered in the fickle world of the local music industry for almost five decades. Along the way, Titiek Puspa has created distinctive musical idioms and enriched the Indonesian music vocabulary.

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Sat, 15 Nov 1997

JP/Try keeps lid on vice presidency

Try keeps lid on vice presidency JAKARTA (JP): Vice President Try Sutrisno just smiled yesterday when journalists tried to coax statements out of him about the possibility of him being reelected the second most senior official in the administration.

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Sat, 15 Nov 1997

JP/Riaupulp raises equity

Riaupulp raises equity JAKARTA (JP): Riau Andalas Pulp and Paper (Riaupulp), the 98- percent-held subsidiary of Asia Pacific Resource Holdings Limited (April), has increased its equity by US$200 million to $800 million.Riaupulp's finance director and chief financial officer W.

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Sat, 15 Nov 1997

JP/The plight of Indonesian women workers abroad

The plight of Indonesian women workers abroadBy Asip Agus Hasani & Efendy Naibaho BLITAR, East Java (JP): Tutik, one of the 23,000 illegal Indonesian workers recently brought home by the government from Saudi Arabia, said she was too ashamed to face her neighbors because she did not bring any ...

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Sat, 15 Nov 1997

JP/C. Java cloud seeding starts

C. Java cloud seeding starts SEMARANG, Central Java: The Central Java administration, in cooperation with the Agency for the Assessment and Application of Technology (BPPT), will carry out cloud seeding for 35 days starting Monday to overcome water shortages due to the prolonged dry season, ...

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Sat, 15 Nov 1997

JP/Press told not to exaggerate death

Press told not to exaggerate death DENPASAR, Bali: Minister of Tourism, Post and Telecommunications Joop Ave has asked the press not to blow up news concerning the death of an Australian tourist in Bali.

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Sat, 15 Nov 1997

JP/The problems of nuclear-free zones

The problems of nuclear-free zonesBy Brahma Chellaney NEW DELHI (JP): While nuclear weapons have become indispensable for the security of the great powers and the enlarging Western alliance, one more region is aspiring to declare itself "free" of such arms.

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Sat, 15 Nov 1997

JP/Thai SEA Games drug users were innocent: Doping official

Thai SEA Games drug users were innocent: Doping official JAKARTA (JP): Two Thai athletes convicted of using banned substances by the 19th SEA Games medical committee were innocent, according to Dangsina Moeloek, the organizers' doping test and gender verification deputy.

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Sat, 15 Nov 1997

JP/Ray White holds auction

Ray White holds auction JAKARTA (JP): Real estate agency Ray White Indonesia, a subsidiary of Australia's Ray White Real Estate, launched its first property auction at the Sahid Jaya Hotel, the company announced yesterday.

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Sat, 15 Nov 1997

JP/Salim acquires significant stake in Bank Danamon

Salim acquires significant stake in Bank Danamon JAKARTA (JP): The Salim Group, the country's largest business conglomerate, has signed an agreement to acquire a significant stake in publicly listed Bank Danamon.

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Sat, 15 Nov 1997

JP/50% of Telkom's pay phones damaged

50% of Telkom's pay phones damaged JAKARTA (JP): About 50 percent of the 48,100 public phones in Greater Jakarta are malfunctioning, an official said yesterday.

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Sat, 15 Nov 1997

JP/20,000 to cancel haj pilgrimage

20,000 to cancel haj pilgrimage JAKARTA (JP): About 20,000 prospective pilgrims have threatened to cancel their haj pilgrimage if the municipality does not scrap its numerical system for grouping pilgrims.

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Sat, 15 Nov 1997

JP/Suspects of forest fires

Suspects of forest fires Your front page article 30 firms named suspects of forest fires on Saturday, Nov. 1 seems to be lacking any published names of those 30 logging companies found guilty.

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Sat, 15 Nov 1997

JP/Unggul Indah's profit plunges

Unggul Indah's profit plunges JAKARTA (JP): Publicly listed Unggul Indah Corp. announced in a statement yesterday that it posted a decline in net profit to Rp 5.2 billion (US$1.52 million) in the first three quarters this year from Rp 24.6 billion in the same period last year.

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Sat, 15 Nov 1997

JP/R and D automobile industry lacks funding

R and D automobile industry lacks funding JAKARTA (JP): Research and development in the Indonesian automotive industry still lacks funding, says an automotive engineering executive.

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Sat, 15 Nov 1997

JP/Economic woes takes its toll on employment

Economic woes takes its toll on employment The combination of the monetary crisis and the bank liquidations has paralyzed many companies, thereby causing unemployment to rise.

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Sat, 15 Nov 1997

JP/Spouse stabbed after 'years of abuse'

Spouse stabbed after 'years of abuse' JAKARTA (JP): A 30-year-old housewife ended her seven-year marriage to a cruel man by stabbing him to death with a kitchen knife, police said.

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Sat, 15 Nov 1997

JP/Association calls for fishery deregulation

Association calls for fishery deregulation JAKARTA (JP): The Association of Indonesian Fishery Entrepreneurs called on the government yesterday to further streamline industry regulations to boost competitiveness in overseas markets.

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Sat, 15 Nov 1997

JP/Eight is enough for Hyundai

Eight is enough for Hyundai SEOUL: Hyundai Motor will provide new eight-cylinder GDI engines for large passenger cars, which have been under joint development with Mitsubishi, to the Japanese automaker.

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Sat, 15 Nov 1997

JP/Cafe crawl

Cafe crawl MIAMI: You have got to hand it to those boys and girls at Isuzu. In a bid to design the perfect cup holder for its U.S.- market Rodeo range, the company designers went on a three-day 50- cup odyssey from coffee house to fast food drive-thrus to fine tune the cup holder's perfect size.

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Sat, 15 Nov 1997

JP/Volvo station wagon offers a luxury and exclusive alternative

Volvo station wagon offers a luxury and exclusive alternativeBy John Aglionby WHEN I collected my V70, T5 the sales assistant asked me where my driver was.I told her she was looking at him. She was shocked -- obviously I was meant to have a driver -- but reluctantly handed over the key.

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Sat, 15 Nov 1997

JP/Intermittent rain brings relief despite lingering haze

Intermittent rain brings relief despite lingering haze JAKARTA (JP): Intermittent rain in two southern Sumatran towns, Jambi and Palembang, in the last three days has brought sunlight back to the region which has been blanketed by smog for almost four months.

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Sat, 15 Nov 1997

JP/'Don't buy fake ABRI souvenirs'

'Don't buy fake ABRI souvenirs' JAKARTA (JP): Military Police chief Maj. Gen. Syamsu D. urged the public yesterday not to buy goods bearing the Armed Forces (ABRI) logo because they were not endorsed.

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Sat, 15 Nov 1997

JP/Grenade found in Kupang bus terminal

Grenade found in Kupang bus terminal KUPANG, East Nusa Tenggara: Police removed a grenade found inside a black plastic bag at the Oebobo-Kupang bus terminal.Lt. Col.

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Sat, 15 Nov 1997

JP/SHE shuns 'girlie' tag

SHE shuns 'girlie' tagFashion Cafe JAKARTA (JP): Four attractive figures were up on stage, singing and dancing before a huge enthusiastic crowd. They rocked the night with their girlie voices and dynamic movements.

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Sat, 15 Nov 1997

JP/Merpati to open Denpasar-Broome flights

Merpati to open Denpasar-Broome flights JAKARTA (JP): Merpati Nusantara Airlines would open flights connecting Denpasar, Bali with Broome, Western Australia on Wednesdays and Saturdays starting later this month, the company announced yesterday.

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Sat, 15 Nov 1997

JP/Portuguese royalty arrives in Dili

Portuguese royalty arrives in Dili DILI, East Timor: The son of the former King of Portugal of the Braganca Dynasty, Duges Duarte Duke of Braganca, Duarte Piao, arrived here yesterday for a four-day visit at the invitation of Dili Bishop Carlos Filipe Ximenes Belo.

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Sat, 15 Nov 1997

JP/A simple burial for the Jakarta's unclaimed dead

A simple burial for the Jakarta's unclaimed deadBy Emmy Fitri JAKARTA (JP): Biased treatment is the last thing morgue workers can indulge in when they are dealing with the city's unclaimed bodies.

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Sat, 15 Nov 1997

JP/Benz recalls A-Class

Benz recalls A-Class STUTTGART: Mercedes Benz has announced it will make a range of modifications to its new A-Class after the revolutionary car rolled over during testing by a Swedish car magazine.

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Sat, 15 Nov 1997

JP/Soeharto calls for effective policy guidelines

Soeharto calls for effective policy guidelines JAKARTA (JP): President Soeharto called on the People's Consultative Assembly (MPR) yesterday to draw up more effective State Policy Guidelines to enable the nation to anticipate challenges and opportunities in the 21st century.

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Sat, 15 Nov 1997

JP/City bans new Year's Eve parties this year

City bans new Year's Eve parties this year JAKARTA (JP): The city is to ban hotels, discotheques, cafes and nightclubs from holding New Year's Eve parties this year because the date marks the start of the annual Islamic Ramadhan fasting month, an official said yesterday.

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Sat, 15 Nov 1997

JP/BCA rushed by depositors on rumors about closure

BCA rushed by depositors on rumors about closure JAKARTA (JP): Depositors of Bank Central Asia (BCA), the country's largest private bank, rushed the bank's branches, sub- branches and automated teller machines (ATMs) in Jakarta and Medan, North Sumatra, yesterday.

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Sat, 15 Nov 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Graphic Art Exhibition: Boeatan Indonesia Asli, vintage Indonesian Advertising and Graphic Design Revisited, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, Sunday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m. to 2 a.m.

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Sat, 15 Nov 1997

JP/MPR rejects presidential advisors' draft

MPR rejects presidential advisors' draft JAKARTA (JP): The People's Consultative Assembly (MPR) turned down yesterday a recommendation for the amendment of the State Policy Guidelines by a team of presidential advisors on the Pancasila state ideology propagation.

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Sat, 15 Nov 1997

JP/Minivan drivers strike in Ciledug

Minivan drivers strike in Ciledug TANGERANG (JP): About 500 drivers of minivans plying the Ciledug-Kebayoran Lama route went on strike yesterday, parking their vehicles in front of the Ciledug Police subprecinct to protest against the inclusion of a new road in their route.

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Sat, 15 Nov 1997

JP/New and innovative models put Volvo on the right road

New and innovative models put Volvo on the right roadBy John Aglionby SWEDISH people do not have a reputation for stupidity, but one might be forgiven for thinking they are trying for one on first hearing what Volvo is doing in Indonesia at the moment.

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Sat, 15 Nov 1997

JP/Thailand facing lean years in wake of financial woes

Thailand facing lean years in wake of financial woesBy Gwynne Dyer LONDON (JP): Out in eastern Bangkok, at Benz Thonglor on the Sukhumvit Road, you can buy used light airplanes for a song.

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Sat, 15 Nov 1997

JP/Duo makes Jakarta hotbed for jazz

Duo makes Jakarta hotbed for jazzBy Nicolas Colombant JAKARTA (JP): Is Jakarta becoming a hotbed for jazz? The arrival of Acoustic Mania seems to indicate so, at least until the end of the month.

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Sat, 15 Nov 1997

JP/U.S.-E. Timor

U.S.-E. TimorCorrection: Yesterday's story titled Police to deport American journalist from East Timor which appeared on this page incorrectly stated that the United States does not recognize East Timor as part of Indonesia. The long standing U.S.

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Sat, 15 Nov 1997

JP/Titiek's enduring tunes get to heart of the matter

Titiek's enduring tunes get to heart of the matter JAKARTA (JP): Titiek Puspa has come full circle in the music world from her early days of projecting simple emotions through her songs.In the 1960s, she documented the turbulent decade and its effect on the life of the man on the street.

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Sat, 15 Nov 1997

JP/Elderly man burned alive

Elderly man burned alive BOGOR (JP): Jayadi, a 100-year-old grandfather, died Thursday night when a fire razed his home in Sukaresmi village, Ciomas, Bogor.Jayadi's body was found by Sidik, 55, who together with his friend Somad, 50, was on a security check in the village.

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Sat, 15 Nov 1997

JP/No smoke without fire

No smoke without fire LONDON: The British government has softened its tough stand on tobacco sponsorship by agreeing to an exemption for the British Grand Prix.The move effectively destroys hopes for a European ban on tobacco sponsorship.

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Sat, 15 Nov 1997

JP/BMW on a roll

BMW on a roll MUNICH: BMW AG has confirmed its interest in buying Britain's Rolls-Royce. However, it has denied reports that it was involved in a potential bid for the Vickers Plc group by Mayflower Corp.

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Sat, 15 Nov 1997

JP/Postal service

Postal service I sent a working paper by airmail from New Zealand on Oct. 23 to Bekasi, West Java, where it arrived on Nov. 11. I didn't mind the delay despite the New Zealand post office's assurance that it would get to its destination in five days.

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Sat, 15 Nov 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: The Crystal Maze 3:10 Senior High School's Group Vocal 3:35 Tour and Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:30 TV Series: Full House 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved ...

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