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

Wed, 02 Oct 1996

JP/'Close ties with Israel'

'Close ties with Israel' The popular uprising that swept the occupied territories was not a surprise but an expected action because of the intransigence of the Israeli government. This government has practically closed all the ways leading to peace.

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Wed, 02 Oct 1996

JP/Megawati advised to re-enter formal politics

Megawati advised to re-enter formal politics JAKARTA (JP): A senior army general has advised Megawati Soekarnoputri, the deposed leader of the Indonesian Democratic Party (PDI), to stop making trouble and re-enter the political arena.

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Wed, 02 Oct 1996

JP/U.S. outer space program takes on new momentum

U.S. outer space program takes on new momentum LONDON (JP): "The climate is good for solar system exploration," said Glenn Carle, chief of the solar system exploration branch at the NASA-Ames Research Center in California.

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Wed, 02 Oct 1996

JP/Govt to decide Israeli's participation in tourney

Govt to decide Israeli's participation in tourney JAKARTA (JP): Diplomatic protocol once again gave Indonesian sports officials a headache when an Israeli tennis player was listed yesterday among the participants in the Indonesia Satellite Circuit men's championships.

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Wed, 02 Oct 1996

JP/New condos on the way

New condos on the way JAKARTA (JP): A topping off ceremony was held yesterday for the new Amartapura Condominiums New condominiums in Lippo Karawaci Tangerang, West Java.Jeanny L.

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Wed, 02 Oct 1996

JP/Peat land project faces housing crisis

Peat land project faces housing crisis JAKARTA (JP): Building 3,000 houses in six months for resettlers to farm the one million hectares allocated for a peat agricultural land project in Central Kalimantan is becoming a headache for the government.

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Wed, 02 Oct 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children 's Program: Arena 123 3:30 TV Series: Just The Ten of Us 4:05 TV Drama: Jangan Lupakan Dia 4:30 Documentary Film: Water 4:55 Filler and Trailer 5:00 Evening News 5:30 Indonesian Lesson 6:00 News: ...

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Wed, 02 Oct 1996

JP/Want to be a bureaucrat?

Want to be a bureaucrat? JAKARTA: The Ministry of Manpower has job openings for university graduates interested in becoming civil servants.The vacancies are available for technical engineering, electrical engineering, chemistry, medical and dentistry graduates.

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Wed, 02 Oct 1996

JP/Generals will test new Hawks

Generals will test new Hawks JAKARTA (JP): Five three-star generals will flight-test newly purchased Hawk-100 and Hawk-200 bomber jets tomorrow morning, an Air Force official said.Air Force spokesman Col.

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Wed, 02 Oct 1996

JP/BNI's bad loans fall 15% in 6 months

BNI's bad loans fall 15% in 6 months SEMARANG, Central Java (JP): Bad loans at Bank Negara Indonesia (BNI) 1946, which plans to go public at the end of the year, have dropped to Rp 1.18 trillion (US$505 million), a 14.5 percent drop from Rp 1.39 trillion at the end of last year.

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Wed, 02 Oct 1996

JP/Soccer body acts to stem violence

Soccer body acts to stem violence JAKARTA (JP): The All-Indonesia Football Association has tightened its security measures ahead of the national league championship semifinals and final here this weekend.

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Wed, 02 Oct 1996

JP/Joint venture set up to produce industrial gears

Joint venture set up to produce industrial gears JAKARTA (JP): State-owned PT Barata Indonesia signed a joint- venture agreement here yesterday with PT Prakarsa Rekaroda and David Brown Engineering Group Plc. of Britain to manufacture industrial gears in Surabaya, East Java.

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Wed, 02 Oct 1996

JP/IPTN signs jet-financing agreement

IPTN signs jet-financing agreement JAKARTA (JP): The Bandung-based state aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN) signed a financing agreement yesterday with private firm PT Dua Satu Tiga Puluh (DSTP) for the production of Indonesia's first passenger jet.

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Wed, 02 Oct 1996

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, nightly except Sundays, from 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl.

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Wed, 02 Oct 1996

JP/Child laborers' low wages

Child laborers' low wages MEDAN, North Sumatra: The Indonesian Foundation for Child Avocation charged yesterday that children working in offshore fisheries in the region are paid below the daily local minimum wage of Rp 4,500 (US$1.95).

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Wed, 02 Oct 1996

JP/RI businesses sign accords in Beijing

RI businesses sign accords in Beijing JAKARTA (JP): Indonesian businesses signed four contracts, three memorandums of understanding and 20 letters of intent in the "Indonesian Opportunities '96" exhibition in Beijing, which closed on Monday, Antara reported yesterday.

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Wed, 02 Oct 1996

JP/Youth group defends vocal retired generals

Youth group defends vocal retired generals JAKARTA (JP): A group of retired generals who have been reproached by the government over the past few weeks for their outspokenness on current political practices received support yesterday when an influential youth organization came to their defense.

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Wed, 02 Oct 1996

JP/Laser Quest introduced

Laser Quest introduced JAKARTA (JP): Visitors to Lippo Supermal in Karawaci, Tangerang, are likely to discover a Laser Quest game on their next visit.M. Jose Rizal, Laser Quest Indonesia's marketing manager, said in a press release yesterday Laser Quest is a video game for the 21st century.

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Wed, 02 Oct 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 1, 1996 Shares Close Change Trading Volume -------------------------------------------------------------- Dharmala Insurance ...

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Wed, 02 Oct 1996

JP/The power within

The power within Life in the 1990s is increasingly uncertain and fast. The challenge of living in today's world requires greater personal skills and inner strength than at any other time in human history.

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Wed, 02 Oct 1996

JP/HM Sampoerna buys 2.85% stake in Astra

HM Sampoerna buys 2.85% stake in Astra JAKARTA (JP): The publicly-listed tobacco firm PT HM Sampoerna confirmed yesterday that Sampoerna Investment Corp., a unit of its Singapore-based wholly-owned subsidiary Sampoerna International Pte., has purchased a 2.

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Wed, 02 Oct 1996

JP/Government lowers duties on temporarily imported goods

Government lowers duties on temporarily imported goods JAKARTA (JP): The government issued new rulings yesterday slashing or eliminating duties on temporarily imported goods, on goods in transit and on temporary stock holdings.The Ministry of Finance stated in decree No. 574/KMK.

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Wed, 02 Oct 1996

JP/Spotlight

SpotlightPhoto A: BoutiqueJP/obyCHOPARD BOUTIQUE: Chopard president Karl Scheufele (left) and his wife Karin Scheufele (right) attend the opening of their store in Plaza Senayan, South Jakarta. The jewelry and watch boutique was opened officially on Sept. 29.

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Wed, 02 Oct 1996

JP/Sudharmono urges MKGR to convene to solve conflict

Sudharmono urges MKGR to convene to solve conflict JAKARTA (JP): Former vice president Sudharmono suggested yesterday that the MKGR, one of the founders of the ruling Golkar grouping, resolve its internal conflict through an extraordinary congress.

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Wed, 02 Oct 1996

JP/Indonesian banks urged to merge

Indonesian banks urged to merge JAKARTA (JP): Indonesian banks should merge as a way to strengthen themselves in order to face the increasing competition within the industry, a foreign banker said.

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Wed, 02 Oct 1996

JP/Police seek extradition of Garuda pilot from Holland

Police seek extradition of Garuda pilot from Holland JAKARTA (JP): Indonesian police are striving to persuade the Dutch authorities to extradite the Indonesian pilot arrested Sunday at Schipol airport for allegedly trying to smuggle 8,000 Ecstasy pills to Jakarta.

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Wed, 02 Oct 1996

JP/Oki admitted to killing his brother: Father

Oki admitted to killing his brother: Father JAKARTA (JP): The father of triple murder suspect Harnoko Dewantono, alias Oki, told a court yesterday his son had admitted to him early last year that he killed his younger brother, Eri Tri Harto Dharmawan.

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Wed, 02 Oct 1996

JP/Jakarta, a tourist haven

Jakarta, a tourist havenFrom NeracaI noticed a banner in Pasaraya Sultan Agung. I was more puzzled afterwards when a radio broadcast announced a tourist sale in Pasaraya.The sale expanded to Ramayana, Matahari, even Walmart.

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Wed, 02 Oct 1996

JP/Official attacks Sorong legislator

Official attacks Sorong legislator SORONG, Irian Jaya: A government official reportedly beat up Hasmi Moha, chairman of the local branch of the United Development Party (PPP), over the weekend for unknown reasons.

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Wed, 02 Oct 1996

JP/Six suspected robbers arrested

Six suspected robbers arrested JAKARTA (JP): Detectives of the Pancoran police subprecinct in South Jakarta have arrested five of the six suspects believed to have committed a series of robberies around the Kalibata Mall in South Jakarta.

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Wed, 02 Oct 1996

JP/Four alleged drug traffickers stand trial

Four alleged drug traffickers stand trial TANGERANG, West Java (JP): Four people, including one woman, were indicted yesterday at Tangerang District Court for allegedly trafficking 60,778 Ecstasy pills.

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Wed, 02 Oct 1996

JP/Drug abuse confirmed at National Games

Drug abuse confirmed at National Games JAKARTA (JP): The National Sports Council (KONI) admitted yesterday, after a week-long wait, that the just concluded 14th National Games were not free of banned drug use.

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Wed, 02 Oct 1996

JP/E. Jakarta forms seven task forces to monitor floods

E. Jakarta forms seven task forces to monitor floods JAKARTA (JP): The East Jakarta mayoralty has set up seven task force teams involving 140 people and installed new early warning systems at seven subdistricts which are vulnerable to flooding.

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Wed, 02 Oct 1996

JP/Former VP stresses problem of disparity

Former VP stresses problem of disparity JAKARTA (JP): Former vice president Sudharmono called on the government yesterday to intensify efforts to address the widening socioeconomic disparity in Indonesia.

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Wed, 02 Oct 1996

JP/Suwito vows to tighten grip on WBF title

Suwito vows to tighten grip on WBF title JAKARTA (JP): The newly recrowned World Boxing Federation welterweight champion Suwito Lagola is looking ahead to several title defense bouts before moving to a more prestigious world fight.

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Wed, 02 Oct 1996

JP/Strike ends as labor demands are met

Strike ends as labor demands are met TANGERANG, West Java (JP): The management of PT Tuntex Garment Indonesia yesterday quelled a two-day strike when it agreed to meet some of the demands of its striking workers by paying the minimum daily wage 30 days instead of 26 days a month.

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Wed, 02 Oct 1996

JP/Eka Tjipta wins CEO award

Eka Tjipta wins CEO award JAKARTA (JP): Eka Tjipta Widjaja, chairman of the diversified Sinar Mas Group, has been selected by ING Bank as 1996 Emerging Market Chief Executive Officer of the Year, the Sinar Mas Group announced yesterday.

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Wed, 02 Oct 1996

JP/Kohl's planned visit expected to improve RI-Germany ties

Kohl's planned visit expected to improve RI-Germany ties JAKARTA (JP): Relations between Germany and Indonesia look set to become even closer in the near future with the expected visit here of German Chancellor Helmut Kohl later this month and new avenues of cooperation in education and commerce ...

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Wed, 02 Oct 1996

JP/Munawir elected rights body chief

Munawir elected rights body chief JAKARTA (JP): Munawir Sjadzali, an advisor to President Soeharto and a former minister of religious affairs, was elected chairman of the National Commission on Human Rights last night.

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Wed, 02 Oct 1996

JP/Bogor to get water treatment plant

Bogor to get water treatment plant BOGOR, West Java (JP): The Bogor mayoralty's tap water company (PDAM) is building another treatment plant with a capacity of 400 liters per second to support its existing plant which has a capacity of 650 liters per second.

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Wed, 02 Oct 1996

JP/Student advised to drop lawsuit

Student advised to drop lawsuit BANDUNG: Judge Satri Rusad suggested yesterday that the two disputing parties in the case of the dismissal of Bandung Institute of Technology (ITB) student Budhi Sumarso should seek an out-of-court settlement before the court proceeds with their case.

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Wed, 02 Oct 1996

JP/Philips to launch new phone handsets

Philips to launch new phone handsets JAKARTA (JP): Philips, an electronic manufacturer of the Netherlands, will launch its new cellular telephone handsets later this month to tap Indonesia's cellular phone market.Simon J.G.

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Wed, 02 Oct 1996

JP/Nation marks crushing of coup attempt

Nation marks crushing of coup attempt JAKARTA (JP): Roughly 100,000 Jakarta Moslems turned up last night for a thanksgiving prayer at the Istiqlal Grand Mosque, marking the peak of the week-long 31st commemoration by Moslem groups of the crushing of the 1965 communist coup attempt.

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Wed, 02 Oct 1996

JP/Support for single mothers urged

Support for single mothers urged JAKARTA (JP): Institutions which provide support to single mothers and advocate public recognition of their status are needed, a women's rights activist said.Moral support of a single mother is not enough, Ita F.

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Wed, 02 Oct 1996

JP/No more fundraising for PON

No more fundraising for PON JAKARTA (JP): Many people are complaining about continued fund-raising for the 14th National Games (PON), which officially ended on Sept. 20.

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Wed, 02 Oct 1996

JP/Challenges to SE Asian resilience

Challenges to SE Asian resilienceBy Juwono Sudarsono This is the first of two articles on Southeast Asia based on a paper presented at the 30th Anniversary of Indonesia Petroleum Ltd., (INPEX) in Tokyo on Sept. 25.

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Wed, 02 Oct 1996

JP/Frogs in restaurants

Frogs in restaurants Aux armes, citoyens! The advertisement for the Margaux Restaurant which appeared on the front page of the Sept.

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Wed, 02 Oct 1996

JP/Massive buy into Astra

Massive buy into Astra The identity of buyers of large shares of PT Astra International, Indonesia's largest automobile company, came to light yesterday when tobacco tycoon Putera Sampoerna, as required by stock exchange regulations, reported all his deals to the Capital Market Supervisory Agency ...

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Wed, 02 Oct 1996

JP/Police arrest ATM busters

Police arrest ATM busters SEMARANG: Police caught two university students trying to break open a Jaya Bank Automated Teller Machine (ATM) at the Citraland Simpang Lima shopping complex yesterday.

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