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

Tue, 21 Oct 1997

JP/Europe's missile defense woes

Europe's missile defense woes LONDON: European defense ministries have approached the tactical missile defense (TMD) issue with considerable caution.

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Tue, 21 Oct 1997

JP/Iwik says police forced him to confess to Udin's murder

Iwik says police forced him to confess to Udin's murder YOGYAKARTA (JP): D.S. alias Iwik told the Bantul District Court yesterday police forced him into admitting that he killed journalist Fuad M. Syafruddin in August last year.

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Tue, 21 Oct 1997

JP/Soeharto tells Prodi RI can deal with crisis

Soeharto tells Prodi RI can deal with crisis JAKARTA (JP): President Soeharto told visiting Italian Prime Minister Romano Prodi yesterday that the Indonesian government was confident that it would be able to cope with the currency upheaval.

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Tue, 21 Oct 1997

JP/Sergeant's murder almost solved

Sergeant's murder almost solved JAKARTA (JP): City Police have almost completed their investigation into the shooting, last Friday, of Chief Sgt. Kamino at a low-cost apartment in Pejompongan, Central Jakarta.City Police spokesman Lt. Col. E.

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Tue, 21 Oct 1997

JP/Refugees flee to find fear and poverty

Refugees flee to find fear and povertyBy Thor Kerr THE HAGUE (JP): They fled suspicion and fear in Iran only to find poverty and fear in the Netherlands.Ten asylum seekers huddle in a tiny office waiting for the next offer of shelter. Their suitcases are packed, ready to go.

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Tue, 21 Oct 1997

JP/Two Pakistanis to be deported

Two Pakistanis to be deported SEMARANG, C. Java: Immigration authorities here will soon deport two Pakistanis for abuse of their visas and are currently pursuing two others for the same reason, Antara reported.

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Tue, 21 Oct 1997

JP/Soeharto 'not likely to refuse renomination'

Soeharto 'not likely to refuse renomination' JAKARTA (JP): Politicians and observers said that despite expressing humility toward Golkar's support for presidential renomination, it is unlikely that Soeharto will refuse the candidacy.

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Tue, 21 Oct 1997

JP/Govt to review controversial press ban ruling, says Hartono

Govt to review controversial press ban ruling, says Hartono JAKARTA (JP): Minister of Information R. Hartono promised yesterday the government would review its regulations on the press, including the controversial 1984 ministerial decree that allows press banning.

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Tue, 21 Oct 1997

JP/More funds needed for discipline drive

More funds needed for discipline drive JAKARTA (JP): A councilor urged the city administration yesterday to set aside more funds in the 1998/1999 fiscal year to finance the implementation of the National Discipline Movement.

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Tue, 21 Oct 1997

JP/Value of apology debased

Value of apology debased Past wrongs can never be undone but in the healing of the scars there is no single act more powerful than a heartfelt apology.

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Tue, 21 Oct 1997

JP/New rates for tax payment

New rates for tax payment JAKARTA (JP): The government issued yesterday new official conversion rates as the basis for the payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export and income taxes.The Ministry of Finance decree No. 513/KMK.

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Tue, 21 Oct 1997

JP/Jakarta's traffic woes

Jakarta's traffic woes Public transportation conditions in this city of at least nine million are still most appalling. As a consequence, people prefer to use their own private means of transport.

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Tue, 21 Oct 1997

JP/'Bajaj' driver found dead

'Bajaj' driver found dead JAKARTA (JP): The driver of a bajaj (motorized three-wheeled vehicle) was found dead on a sidewalk on Jl. Alu-Alu, Rawamangun, in East Jakarta yesterday.The victim, identified as Salimin, 22, was believed to have died from five deep stab wounds.

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Tue, 21 Oct 1997

JP/Jakarta Bay developers want official go-ahead for project

Jakarta Bay developers want official go-ahead for project JAKARTA (JP): Some developers joining the ongoing reclamation project, which covers 2,700 hectares in Jakarta Bay, asked yesterday for legal assurance that the project will continue.

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Tue, 21 Oct 1997

JP/Compensation for Crash victims

Compensation for Crash victims BANDA ACEH, Aceh: Garuda Indonesia presented yesterday compensation payment to relatives of 30 Acehnese passengers who died in the Garuda plane crash in Buah Nabar village, Sibolangit regency, North Sumatra.

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Tue, 21 Oct 1997

JP/China breaks loose from its wilderness years

China breaks loose from its wilderness yearsBy Harry Bhaskara The following article is based on a talk given by Dr. Wang Gungwu last Friday at the Centre for Strategic and International Studies and an interview with him together with Gatra magazine and Kompas daily. Dr.

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Tue, 21 Oct 1997

JP/Teachers, students subject to ethical standards

Teachers, students subject to ethical standardsBy Mochtar Buchori JAKARTA (JP): When a teacher punishes a student in an outrageous manner, what happens?In most cases, nothing. In certain cases, the bureaucracy says, "We have not received any report yet concerning the incident.

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Tue, 21 Oct 1997

JP/RI and Britain inaugurate business council

RI and Britain inaugurate business council JAKARTA (JP): Indonesia and Britain inaugurated yesterday the Indonesian British Business Council as part of their long-term plan to boost bilateral trade.

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Tue, 21 Oct 1997

JP/Government issues warning about escalating fires

Government issues warning about escalating fires JAKARTA (JP): Thick haze continued to blanket most parts of Sumatra and Kalimantan as the government issued another warning yesterday against escalating brush and forest fires.

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Tue, 21 Oct 1997

JP/ASEAN economies

ASEAN economies Given the currency and stock market turmoil which has gripped ASEAN's four largest members, it was expected that the 29th annual meeting of ASEAN ministers with economic portfolios in Kuala Lumpur last week would be much more than a routine gathering to evaluate the progress in ...

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Tue, 21 Oct 1997

JP/Rupiah weak waiting on IMF outcome

Rupiah weak waiting on IMF outcome The rupiah has lost ground as the currency market waits for the outcome of negotiations between the Indonesian government and the International Monetary Fund (IMF). Economist Kwik Kian Gie shares his thoughts on the situation.

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Tue, 21 Oct 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 20, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 900 ...

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Tue, 21 Oct 1997

JP/Peodjono elected MPR working commitee chief

Peodjono elected MPR working commitee chief JAKARTA (JP): The People's Consultative Assembly's (MPR) working committee, responsible for drafting MPR decrees and electing new president, held its first plenary session yesterday establishing its own leadership.

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Tue, 21 Oct 1997

JP/No comics

No comics Due to technical difficulties we are unable to publish Peanuts, Rose is Rose, The Born Loser, Ferd'nand today. We sincerely apologize.

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Tue, 21 Oct 1997

JP/Physician calls for better emergency health services

Physician calls for better emergency health services JAKARTA (JP): A senior physician urged yesterday that pre- hospital care be included in health, social and life insurance policies to help improve the overall quality of emergency health services.

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Tue, 21 Oct 1997

JP/RI warned gainst sea level rise

RI warned gainst sea level riseBy Melody Kemp IZMIR, Turkey (JP): Climate is definitely in the air. Kyoto is debating who does what about fossil fuel emissions and El Nino has been creating havoc with droughts, crop losses and devastating fires throughout the Asia Pacific region.

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Tue, 21 Oct 1997

JP/Three-in-one benefits the poor

Three-in-one benefits the poor I would like to comment on the proposed ending of Jakarta's three-in-one traffic system. Critics of the system, who say the car owners beat the system by paying "three-in-one boys" to be passengers, are short sighted.

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Tue, 21 Oct 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Lucan 3:10 Teenager's Program: Remaja Indonesia 3:35 Music: Lagu Pop Daerah 4:00 Regional News 4:30 Science and Technology 5:00 English Lessons 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05 ...

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Tue, 21 Oct 1997

JP/Big bonuses for best SEAG athletes

Big bonuses for best SEAG athletes JAKARTA (JP): To honor the successful members of the Indonesian 19th SEA Games contingent, the organizing consortium and National Sports Council handed over bonuses in the form of insurance policies yesterday.

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Tue, 21 Oct 1997

JP/Four die, 21 missing in boat collision

Four die, 21 missing in boat collision PALANGKARAYA, C. Kalimantan: Four people died and 21 others are missing after their ship collided with a tugboat on the Barito River Sunday at 7 a.m., Antara reported.

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Tue, 21 Oct 1997

JP/Hyatt golf course

Hyatt golf course In reference to The Jakarta Post's edition of Monday, Oct. 20, we would like to request a correction from your newspaper regarding the article on page 11, where you reported about the Grand Opening of the Hyatt Regency Yogyakarta.

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Tue, 21 Oct 1997

JP/Report on worker facing execution in Saudi verified

Report on worker facing execution in Saudi verified JAKARTA (JP): Reports of a female Indonesian worker who could face the death sentence if found guilty in Saudi Arabia have been confirmed by the labor supply company which sent her to the oil- rich country in 1993.

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Tue, 21 Oct 1997

JP/Woman wants sex in jail

Woman wants sex in jail PRETORIA (AFP): A mother-of-three accused of leading a notorious crime syndicate has asked a South African supreme court for permission to have sex with her husband in jail so that she can bear another child, a newspaper reported.

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Tue, 21 Oct 1997

JP/Gang of robbers target golf resort

Gang of robbers target golf resort TANGERANG (JP): About 10 armed robbers broke into the PT Takara Golf Resort's office in the village of Tapos, Tigaraksa, and stole two safety boxes and two sets of golf clubs early yesterday morning, police said.

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Tue, 21 Oct 1997

JP/Villagers want access road

Villagers want access road BANDAR LAMPUNG, Lampung: Thousands of villagers of Way Haru and Bandar Dalam in West Lampung regency have called on the government to build an access road to their area and free them from isolation, Antara reported.

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Tue, 21 Oct 1997

JP/Four dead in traffic accident

Four dead in traffic accident BOGOR (JP): Four people died in an accident on the Jagorawi toll road in Sentul Selatan, Bogor, after a diesel-engine truck crashed into a trailer, traveling in the slow lane, early yesterday morning.

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Tue, 21 Oct 1997

JP/Court fines 38 soccer hooligans

Court fines 38 soccer hooligans JAKARTA (JP): Central Jakarta District Court fined yesterday 38 men who were arrested during Saturday's SEA Games soccer final at Senayan Stadium.

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Tue, 21 Oct 1997

JP/ITT Sheraton introduces rupiah rates

ITT Sheraton introduces rupiah rates JAKARTA (JP): ITT Sheraton, a leading American hotel chain, has now used rupiah as the basis for payment of its rooms and other services at its nine hotels across the country in a bid to attract more corporate guests.

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Tue, 21 Oct 1997

JP/Goh Chok Tong here for bilateral talks

Goh Chok Tong here for bilateral talks JAKARTA (JP): Singapore's Prime Minister Goh Chok Tong arrived here yesterday for a two-day working visit as part of regular consultations among regional leaders.

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Tue, 21 Oct 1997

JP/Indonesia seeks Italy's help to boost small firms

Indonesia seeks Italy's help to boost small firms JAKARTA (JP): Indonesia seeks more trade and investment cooperation with Italy, especially to strengthen the country's small and medium-sized businesses, the Indonesian Chamber of Commerce and Industry (Kadin) says.

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Tue, 21 Oct 1997

JP/Rupiah stabilizes as BI steps in

Rupiah stabilizes as BI steps in JAKARTA (JP): The rupiah dropped to the 3,685 level in the morning but managed to gain ground to stabilize at 3,620/40 against the opening of 3,600/50 due to the central bank's intervention, currency dealers said.

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Tue, 21 Oct 1997

JP/Dead miners worked illegally: Company

Dead miners worked illegally: Company JAKARTA (JP): State-owned PT Aneka Tambang explained yesterday that the five men who were killed at the Pongkor gold mine in Bogor on Saturday were not its employees.

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Tue, 21 Oct 1997

JP/BI moves to ease liquidity

BI moves to ease liquidity JAKARTA (JP): Bank Indonesia, the central bank, moved yesterday to cut the foreign exchange reserves requirement for commercial banks from 5 percent to 3 percent to add to the dollar supply in the market.

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Tue, 21 Oct 1997

JP/Badminton champion UN envoy

Badminton champion UN envoy JAKARTA (JP): The United Nations Development Program (UNDP) has named former world badminton champion Rudy Hartono as its first goodwill ambassador in Indonesia.

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Tue, 21 Oct 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition: Manusia dan Alam Pikirannya, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Oct. 28.

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Tue, 21 Oct 1997

JP/Liverpool cotton body urged to improve rules

Liverpool cotton body urged to improve rules JAKARTA (JP): Indonesia has urged the Liverpool Cotton Association Ltd (LCA) in England to improve its arbitration and trading rules in anticipation of contract disputes in the cotton trade with ASEAN countries.

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Tue, 21 Oct 1997

JP/Thammanoon defeats Laycock to take third Omega Tour title

Thammanoon defeats Laycock to take third Omega Tour title KARACHI, Pakistan (Agencies): Thailand's Thammanoon Sriroj defeated Australia's Scott Laycock yesterday on the second extra hole of a sudden-death play-off to win the Omega Tour's US$200,000 ABN-AMRO Pakistan Masters at Karachi Golf Club.

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