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

Thu, 23 Oct 1997

JP/Jamsostek offers funds for low cost houses

Jamsostek offers funds for low cost houses JAKARTA (JP): PT Jamsostek will inject Rp 1 trillion (US$281.69 million) into the cash strapped state-owned PT Bank Tabungan Negara (BTN) to help finance the construction of 80,000 low cost houses.

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Thu, 23 Oct 1997

JP/Rescue find last Barito victim

Rescue find last Barito victim PALANGKA RAYA, Central Kalimantan: Rescue workers have found the remaining victim of Sunday's boat collision on the Barito river.

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Thu, 23 Oct 1997

JP/Sutiyoso urges subordinates to keep security

Sutiyoso urges subordinates to keep security JAKARTA (JP): Governor Sutiyoso urged his officials yesterday to help maintain stability and security in the city, saying he would not tolerate any action which threatened law and order.

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Thu, 23 Oct 1997

JP/Tanah Abang vendors to relocate again

Tanah Abang vendors to relocate again JAKARTA (JP): The city administration has given sidewalk vendors in streets around the Tanah Abang market, in Central Jakarta, their marching orders because their presence is causing intolerable traffic congestion.

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Thu, 23 Oct 1997

JP/Horta denies involvement in terrorist activities

Horta denies involvement in terrorist activities KRUMBACH, Austria (Antara): East Timor separatist and Nobel laureate Ramos Horta has admitted knowing members of Associacio Socialista de Timor (AST), accused of making bombs in Demak, Central Java, but denies supporting the organization.

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Thu, 23 Oct 1997

JP/Three men mobbed for robbing taxi drivers

Three men mobbed for robbing taxi drivers JAKARTA (JP): Two youths were severely beaten by an angry mob in Central Jakarta yesterday after they allegedly assaulted and robbed a taxi driver.In a similar incident, a crowd of people attacked a man in East Jakarta for allegedly trying to steal a taxi.

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Thu, 23 Oct 1997

JP/E. Nusa Tenggara on food shortage alert

E. Nusa Tenggara on food shortage alert MAUMERE, East Nusa Tenggara: The provincial office of the Ministry of Social Affairs said that East Nusa Tenggara is on alert for possible food shortages in Timur Tengah Selatan regency.

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Thu, 23 Oct 1997

JP/Where to go in Jakarta: Thursday, Oct. 23, 1997

Where to go in Jakarta: Thursday, Oct. 23, 1997Exhibitions * Painting Exhibition: Hugo Von Pedersen (1870-1958), a Danish artist in Indonesia and Francois Brochet, a French artist expressing the beauty of Indonesia, at Duta Fine Arts Foundation, Jl. Kemang Utara 55A, South Jakarta, daily at 10 a.m.

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Thu, 23 Oct 1997

JP/The kneading, twisting and pinching in Widayanto's life

The kneading, twisting and pinching in Widayanto's life JAKARTA (JP): In his gifted hands and fingers, ceramic artist F. Widayanto starts squeezing, tapping, kneading, caressing, twisting and pinching a chunk of wet clay supported by wood and a bamboo stick.Gradually, the clay takes shape.

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Thu, 23 Oct 1997

JP/Balikpapan suffers water shortage

Balikpapan suffers water shortage SAMARINDA, East Kalimantan: A clean water shortage is threatening the 400,000 residents in Balikpapan, the province's largest city, due to the decreasing water level in the Manggar dam.The water in the dam is down to 2.

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Thu, 23 Oct 1997

JP/Man dies after falling into well

Man dies after falling into well JAKARTA (JP): A construction worker in Warung Jati, South Jakarta, died yesterday after falling into a dry well and being intoxicated by the trapped gas, police said.

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Thu, 23 Oct 1997

JP/New law gives fat privileges

New law gives fat privileges BRASILIA, Brazil (AP): Overweight people in Brazil's capital city will soon have the right to a bit more comfort in buses and theaters, where they will be able to sit on seats specially designed for them.

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Thu, 23 Oct 1997

JP/Banner defaming Soeharto removed

Banner defaming Soeharto removed YOGYAKARTA, Central Java: The rector of Gadjah Mada University removed yesterday a giant banner containing students' remarks on the possible nomination of Amien Rais, the chairman of Muhammadiyah, for Indonesian presidency.

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Thu, 23 Oct 1997

JP/Humpuss Intermoda to ofer 16.44% of shares to public

Humpuss Intermoda to ofer 16.44% of shares to public JAKARTA (JP): PT Humpuss Intermoda Transportasi (HIT), which reported a profit of Rp 10.7 billion (US$2.98 million) in the first half this year, plans to float 16.

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Thu, 23 Oct 1997

JP/Police take tough action against student brawlers

Police take tough action against student brawlers JAKARTA (JP): North Jakarta Police have taken stern action against disobedient high school students in a bid to counter the rising death toll from interschool brawls this year.Lt. Col.

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Thu, 23 Oct 1997

JP/Data on loans urgently needed

Data on loans urgently needed The measures to be taken to end the present currency crisis will be known shortly, when the consultations between the government and representatives of the two international institutions (the International Monetary Fund and World Bank) are finished.

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Thu, 23 Oct 1997

JP/Japan's security initiatives in line with ARF

Japan's security initiatives in line with ARFBy A.K.P. Mochtan JAKARTA (JP): Japan, the quiet but economically powerful force of Asia, is charting a more defined role and position vis-a-vis strategic and security configurations in Asia.

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Thu, 23 Oct 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 22, 1997: ------------------------------------------------------- Shares Close Change Trading Volume ...

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Thu, 23 Oct 1997

JP/Late Sadali's final paintings on display

Late Sadali's final paintings on displayBy Amir Sidharta JAKARTA (JP): When Achmad Sadali passed away in 1987, a solo exhibition of his work was still on display at the Erasmus Huis, Jakarta.

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Thu, 23 Oct 1997

JP/Black box findings may not be revealed

Black box findings may not be revealed JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto hinted yesterday that the results of the examination of the flight data and voice cockpit recorder, referred to as the blackbox, of the Garuda Indonesia Airbus which crashed last month, may not be ...

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Thu, 23 Oct 1997

JP/Garuda to join in airlift of workers from Saudi

Garuda to join in airlift of workers from Saudi JAKARTA (JP): National airlines Garuda Indonesia will join in the airlift to bring home 10,000 Indonesian workers from Saudi Arabia.

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Thu, 23 Oct 1997

JP/Liquidity eased

Liquidity eased Bank Indonesia, the central bank, has moved again to gradually ease the credit crunch which has gripped businesses since July even though the rupiah exchange rate remains highly volatile, above Rp 3,600 against the U.S. dollar.

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Thu, 23 Oct 1997

JP/RI ranks second in dealing with crisis

RI ranks second in dealing with crisis JAKARTA (JP): Indonesia ranks second best, after Malaysia, among Southeast Asian countries in dealing with the monetary and stock market crisis, according to a poll of Asian executives.

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Thu, 23 Oct 1997

JP/Kim leading in election campaign

Kim leading in election campaign A steady stream of public opinion polls over the last three months have clearly indicated that veteran South Korean oppositionist Kim Dae-jung might win the presidential election in two months time.

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Thu, 23 Oct 1997

JP/BI moves to protect small businesses

BI moves to protect small businesses JAKARTA (JP): Bank Indonesia's recently reopened short-term money market securities (SBPU) facility will be available only to local banks which provide credit for small-scale businesses, the central bank announced yesterday.

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Thu, 23 Oct 1997

JP/W. Java villages without electricity

W. Java villages without electricity BANDUNG, West Java: Despite being one of the most developed provinces in the country, 622 villages in West Java are still without electricity.

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Thu, 23 Oct 1997

JP/Designer Ramli shows anniversary collection

Designer Ramli shows anniversary collection JAKARTA (JP): Ramli will host a special series of fashion shows beginning tomorrow to mark his 22nd year as a designer.

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Thu, 23 Oct 1997

JP/Where to go in Bandung, for Thursday, Oct. 23, 1997

Where to go in Bandung, for Thursday, Oct. 23, 1997Music and Entertainment * Holiday Inn, Jl. Ir. H. Juanda 33, Bandung: - Kebun Bambu Restaurant: Guitar performance, Saturday, 7:45 p.m. to 10:15 p.m. - Braga Bar and Lounge: Prospect Band, Thursday and Saturday, 7:30 p.m. to 11:15 p.m.

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Thu, 23 Oct 1997

JP/Arms transactions

Arms transactions Among arms exporters, America leads by a hefty margin. In the last year, it sold US$17 billion worth, 42 percent of the total sold. A lot of buyers prize the combination of high technology and political patronage that usually comes with American arms.

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Thu, 23 Oct 1997

JP/Rules restricting alcohol unlikely to have 'teeth'

Rules restricting alcohol unlikely to have 'teeth' JAKARTA (JP): Religious leaders have expressed skepticism over the enforcement of the government's new regulations on alcohol sales.

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Thu, 23 Oct 1997

JP/Economists foresee 1998 as a year of distress

Economists foresee 1998 as a year of distress JAKARTA (JP): The worst impact of the currency crisis, which has been plaguing Indonesia over the past three months, would be felt next year, the Institute for Development of Economics and Finance (Indef) predicted yesterday.

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Thu, 23 Oct 1997

JP/Bamby Bucket to be used to fight West Java fires

Bamby Bucket to be used to fight West Java fires JAKARTA (JP): The Indonesian Air Force demonstrated the United States' water bombing method called Bamby Bucket at Halim Perdanakusuma airbase yesterday which will be used to fight forest fires in West Java.

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Thu, 23 Oct 1997

JP/Countertrade to tackle emerging trade barriers

Countertrade to tackle emerging trade barriers JAKARTA (JP): Countertrade could help tackle various emerging international trade barriers, President Soeharto said here yesterday.

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Thu, 23 Oct 1997

JP/Government approves increase in airfares

Government approves increase in airfares JAKARTA (JP): The government has approved an airfare increase of between 7 percent and 10 percent proposed by the Indonesian National Air Carriers Association's (INACA) to offset the rupiah's depreciation against the U.S. dollar.

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Thu, 23 Oct 1997

JP/Nunung's search for soul in silent colors

Nunung's search for soul in silent colorsBy Chandra Johan JAKARTA (JP): Avoidance of verbalism is a salient characteristic of modern painting.

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Thu, 23 Oct 1997

JP/Appeal to Governor Sutiyoso

Appeal to Governor Sutiyoso I congratulate Sutiyoso in his capacity as Jakarta's new governor, replacing Surjadi Soedirdja whose term of office ended recently.

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Thu, 23 Oct 1997

JP/Workers protest management change

Workers protest management change TANGERANG (JP): About 1,400 workers from PT Cometstar Electrida, a producer of electric lamps, on Jl. Raya Pasar Kemis staged a sit-in to protest a management change.

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Thu, 23 Oct 1997

JP/Drought-related deaths hit 420 in Jayawijaya

Drought-related deaths hit 420 in Jayawijaya JAKARTA (JP): Three more people have died in the Jayawijaya regency, Irian Jaya, raising the number of drought-related deaths to 420.Antara reported yesterday that the three casualties, all residents of the Ninia village, had died from malaria.

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Thu, 23 Oct 1997

JP/Wismoyo regrets YLKI's call on sticker payment

Wismoyo regrets YLKI's call on sticker payment JAKARTA (JP): The president of the 19th SEA Games Organizing Committee, Wismoyo Arismunandar, said yesterday that the Indonesian Consumers Foundation should not urge people to boycott paying for Games stickers.

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Thu, 23 Oct 1997

JP/Rapist gets nine years in jail

Rapist gets nine years in jail JAKARTA (JP): The West Jakarta District Court sentenced an unemployed man yesterday to nine years in jail for raping an underaged girl.Presiding judge Bagus Sugiri said the defendant, Martimus Troby, 26, raped a 13-year-old girl in a house on Jl.

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Thu, 23 Oct 1997

JP/Soleha, a criminal or a victim?

Soleha, a criminal or a victim? Soleha Anam Kadiran, a domestic helper hailing from East Java, was reported beheaded by sword in Saudi Arabia after an Islamic court had found her guilty of killing a Saudi woman with an ax. Your editorial from Oct. 22 says, "...

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Thu, 23 Oct 1997

JP/Painter Sopandi explores ethnic art of isolated tribes

Painter Sopandi explores ethnic art of isolated tribesBy R. Fadjri YOGYAKARTA (JP): Achmad Sopandi has immersed himself in the rites and rituals of more than 400 ethnic communities in Indonesia, including the isolated Baduy Dalam people in South Banten, West Java.

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Thu, 23 Oct 1997

JP/Naked truth about gambler

Naked truth about gambler MAUMERE, East Nusa Tenggara (JP): A 45-year-old housewife walked down the street wearing only her panties after finding out her husband had broken his promise to quit gambling over the weekend.

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Thu, 23 Oct 1997

JP/Rupiah weathers pressure, stocks down

Rupiah weathers pressure, stocks down JAKARTA (JP): The Indonesian rupiah withstood regional pressure yesterday, while stock prices were forced down, dealers and stockbrokers said.

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Thu, 23 Oct 1997

JP/Wildlife conservation

Wildlife conservation In response to Mr. Rahmawan Pramudyanto's letter on Oct. 20 in The Jakarta Post on Oct. 20 regarding the condition of the wildlife in Taman Safari Indonesia (TSI), we would like to provide the following explanation.First, we would like to thank Mr.

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Thu, 23 Oct 1997

JP/Semen Gresik continues expansion

Semen Gresik continues expansion JAKARTA (JP): The state-owned Semen Gresik Group said yesterday it was continuing the construction of their Tuban III and Indarung V cement units despite the current currency crisis.Semen Gresik's president Urip Timuryono said the rupiah depreciation against the U.

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Thu, 23 Oct 1997

JP/TV Program: Thursday, Oct. 23, 1997

TV Program: Thursday, Oct. 23, 1997TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Flora and Fauna: Pesona Flora 5:00 Arabic Lessons 5:30 Children's Drama: Janji ...

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Thu, 23 Oct 1997

JP/Ceramic artist mixes tradition with humor, sensuality

Ceramic artist mixes tradition with humor, sensualityText and photos by Stevie Emilia TAPOS, Bogor (JP): Ceramic artist F.

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Thu, 23 Oct 1997

JP/Thick haze returns in provinces

Thick haze returns in provinces JAKARTA (JP): Just when people thought it was safe to return to the streets unmasked, thick haze from brush and forest fires made an unwelcome return to several towns in Sumatra and Kalimantan forcing the closure of at least eight airports, reports said yesterday.

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Thu, 23 Oct 1997

JP/Megawati believes many cadres ready for presidency

Megawati believes many cadres ready for presidency JAKARTA (JP): First president Sukarno's eldest daughter Megawati Soekarnoputri said yesterday that it was a myth that no candidate other than incumbent Soeharto is eligible to stand for the presidency.

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Thu, 23 Oct 1997

JP/AIETD participants discuss plan to set up cultural center

AIETD participants discuss plan to set up cultural center JAKARTA (JP): The 35 participants of the Third All-Inclusive Intra-East Timorese Dialog (AIETD) focused their second day of discussions in Austria yesterday on establishing an East Timor cultural center.

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