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

Wed, 23 Apr 1997

JP/Expert hails officials' biographies

Expert hails officials' biographies JAKARTA (JP): Government officials promoting their memoirs reflect the desire to establish a favorable image of themselves in the political landscape and the public eye, an Australian professor said yesterday.

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Wed, 23 Apr 1997

JP/66 firms insure two satellites for $460 million

66 firms insure two satellites for $460 million JAKARTA (JP): A consortium of 66 domestic insurance firms will insure the Palapa-C1 and the Palapa-C2 satellites, which are operated by PT Satelindo, for US$460 million.

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Wed, 23 Apr 1997

JP/PT Marein forecasts 20 percent profit rise

PT Marein forecasts 20 percent profit rise JAKARTA (JP): Publicly listed reinsurance firm PT Maskapai Reasuransi Indonesia (Marein) expects a 20 percent growth in net profit to more than Rp 3 billion (US$1.23 million) this year from Rp 2.54 billion last year.Last year's net profit was up 23.

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Wed, 23 Apr 1997

JP/Art lovers mourn the death of art critic Kusnadi

Art lovers mourn the death of art critic Kusnadi JAKARTA (JP): Indonesian art lovers are mourning the death of Kusnadi, a senior art critic, teacher, painter and photographer, who died at the age of 76 Monday.Kusnadi died at his home in South Jakarta from several illnesses, including typhoid.

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Wed, 23 Apr 1997

JP/50,000 villages to get midwives

50,000 villages to get midwives JAKARTA: The government will send more than 50,000 midwives to villages across the country this year to reduce maternal and infant mortality rates.

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Wed, 23 Apr 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaian Band/Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m.

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Wed, 23 Apr 1997

JP/Former president Macapagal dies

Former president Macapagal dies JAKARTA (JP): Former Philippine president Diosdado Macapagal died Monday in Manila, at the age of 86, Philippine Embassy spokesman said here yesterday.

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Wed, 23 Apr 1997

JP/Haj pilgrims due to arrive home today

Haj pilgrims due to arrive home today JAKARTA (JP): The first batch of the nearly 200,000 Indonesians who went on the haj pilgrimage to Saudi Arabia are due to arrive at six different airports today.

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Wed, 23 Apr 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Family's Film: Fun House 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Topacio 5:55 Music 6:00 News: Lintasan ...

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Wed, 23 Apr 1997

JP/Great River's profit up

Great River's profit up JAKARTA (JP): Garment maker PT Great River International's net profit rose 93 percent to Rp 25.7 billion (US$10.8 million) last year.Great River's corporate secretary, Soesanto Sahardjo, said yesterday that sales rose 36 percent to Rp 268.9 billion.

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Wed, 23 Apr 1997

JP/Kafe Granita: A home away from home

Kafe Granita: A home away from home Wedged between the countless number of restaurants that dot Jalan Kemang Raya, Kafe Granita may not offer a theme, a distinctive feature, or anything that makes the concept of entertainment the formidable industry it is today.

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Wed, 23 Apr 1997

JP/Not on blacklist

Not on blacklist I am writing with reference to a blacklist of companies recently published by the Director General of Customs and Duties in which PT Seroja qq PT Akzo Nobel Car is mentioned.

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Wed, 23 Apr 1997

JP/Liza to meet Wang at Danamon Open

Liza to meet Wang at Danamon Open JAKARTA (JP): Liza Andriyani of Indonesia will challenge top seed Wang Shi-Ting of Chinese Taipei on Thursday in the second round of the 1997 Danamon Women's Open.

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Wed, 23 Apr 1997

JP/Container port for Surabaya

Container port for Surabaya JAKARTA (JP): State-owned PT Pelabuhan Indonesia III and the privately-owned PT Citra Samudra Terminal Petikemas will build a container terminal at Surabaya's Tanjung Perak port in East Java.The new container terminal will cost Rp 241.22 billion.

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Wed, 23 Apr 1997

JP/Aberson's lawyers threaten to leave the courtroom

Aberson's lawyers threaten to leave the courtroom JAKARTA (JP): Lawyers of a legislator facing trial for allegedly defaming President Soeharto said yesterday they would leave the courtroom if videotapes were presented as evidence.Luhut M.P.

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Wed, 23 Apr 1997

JP/Indovision and tuner

Indovision and tuner I recently moved from Jakarta to Bali. Prior to living in Bali, I lived in Kelapa Gading and subscribed to Indovision. Since the TV in my house was manufactured in Indonesia, it did not have a full tuner.

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Wed, 23 Apr 1997

JP/Earthquake jolts Bengkulu

Earthquake jolts Bengkulu JAKARTA: A quake measuring 5.5 on the Richter scale rocked Bengkulu province yesterday but there were no immediate reports of damage or casualties, an official said.The quake jolted Bengkulu at 12:55 p.m.

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Wed, 23 Apr 1997

JP/The Imperial Country Club

The Imperial Country Club I have always thought that being a member of a prestigious country club has its privileges of being treated special. However, it is not the case with a country club at Lippo Karawaci. I first bought a membership for my family about a year ago.

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Wed, 23 Apr 1997

JP/'Diggers' not miners

'Diggers' not miners Your article (April 16, 1997) on Gold mining could lead into serious misunderstanding and humiliation of the mining profession and industry at large.

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Wed, 23 Apr 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 22, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,025 ...

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Wed, 23 Apr 1997

JP/Fish canning in Fak-fak

Fish canning in Fak-fak JAKARTA (JP): Private fishing company PT Samudra Citra Abadi will build a fish cannery in Fak-fak, Irian Jaya.Fak-fak's district administration head, Suparlan Pasambuna, said yesterday the company had already cleared at least 100 hectares for the cannery.

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Wed, 23 Apr 1997

JP/Shoe factory workers stage demonstration

Shoe factory workers stage demonstration TANGERANG (JP): At least 10,000 shoe factory workers demonstrated yesterday, demanding their employers pay them the minimum wage.The workers from PT Hardaya Aneka Shoes Industri marched from the factory on Jl.

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Wed, 23 Apr 1997

JP/100 receive free ID cards

100 receive free ID cards JAKARTA (JP): One hundred East Jakartans were given free ID cards yesterday from the mayoralty's Information Ministry's branch of Dharma Wanita.

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Wed, 23 Apr 1997

JP/Motor vehicles contribute 76% to Astra's sales

Motor vehicles contribute 76% to Astra's sales JAKARTA (JP): PT Astra International's motor vehicle division contributed 76 percent of the group's total sales of Rp 12.61 trillion (around US$5.25 billion) last year.Astra's total sales dropped slightly from Rp 12.

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Wed, 23 Apr 1997

JP/PDI activists cross to Golkar

PDI activists cross to Golkar UJUNGPANDANG, South Sulawesi: About 100 Indonesian Democratic Party (PDI) activists loyal to the government-backed Soerjadi shifted allegiance to the dominant Golkar party yesterday.

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Wed, 23 Apr 1997

JP/Kemang area development still acceptable: Legislator

Kemang area development still acceptable: Legislator JAKARTA (JP): A legislator wants to know why the city is returning the Kemang commercial sites in South Jakarta to residential ones, saying favorable developments should be considered.M.

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Wed, 23 Apr 1997

JP/Who is E. Timor's next governor?

Who is E. Timor's next governor? DILI: Debate is raging over who should lead East Timor when Governor Abilio Jose Osorio Soares's term of office ends on Sept. 18.The provincial legislative council, which has the right to propose gubernatorial candidates to the President, has proposed four names.

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Wed, 23 Apr 1997

JP/Afghan's 'great game' goes on as Teleban set to move again

Afghan's 'great game' goes on as Teleban set to move againBy Gwynne Dyer LONDON (JP): The snows are melting in the passes of Afghanistan, and the fundamentalist Taleban militia who seized Kabul last September will soon be moving north to complete their conquest of the country.

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Wed, 23 Apr 1997

JP/Proposed fares for three-tiered system queried

Proposed fares for three-tiered system queried JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) is opposed to the proposed fares and toll for the railway and tollway announced by the company which will construct a three- level transit system from Bintaro, South Jakarta, to Kota downtown.

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Wed, 23 Apr 1997

JP/SSE expects five more firms to list this year

SSE expects five more firms to list this year JAKARTA (JP): The Surabaya Stock Exchange (SSE) expects five more companies to list this year.The exchange's president, Isakayoga, said yesterday the five companies would list exclusively on the Surabaya bourse.

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Wed, 23 Apr 1997

JP/Urbanization creates new problems for Jakarta

Urbanization creates new problems for Jakarta JAKARTA (JP): The government-sponsored family planning program has helped develop the city's economy and reduce population growth, but the influx of migrants from rural areas has created new problems, the governor said.

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Wed, 23 Apr 1997

JP/Defense against preemptive bid

Defense against preemptive bidBy Djanwar Modjolelo Dealer: SouthVulnerable: East/West NORTH (S) 7 5 4 3 (H) 9 7 4 3 (D) A 6 (C) A K 9 WEST EAST(S) K Q 9 6 2 (S) A J 8(H) K J 10 (H) A 8 6 5(D) Q ...

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Wed, 23 Apr 1997

JP/Picture on Telkom's homepage

Picture on Telkom's homepage I like to express my disappointment in your column about PT Telkom Research & Technology section's unprofessional attitude, which became apparent when they displayed one of my photos on their homepage (http://www.telkom.co.id/webpro/3product/multitel.

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Wed, 23 Apr 1997

JP/RI to finish car program by '99

RI to finish car program by '99 JAKARTA (JP): The minister of industry and trade, Tunky Ariwibowo, said yesterday he was optimistic Indonesia's national car program would be completed by the time the World Trade Organization (WTO) ruled on Japan's complaint in 1999.

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Wed, 23 Apr 1997

JP/RI's policy on Israel proven correct: Alatas says

RI's policy on Israel proven correct: Alatas says JAKARTA (JP): Indonesia has made the right decision to withhold establishing diplomatic ties with Israel now that the peace talks have stalled, Minister of Foreign Affairs Ali Alatas said yesterday.

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Wed, 23 Apr 1997

JP/Netanyahu crisis a potential boon

Netanyahu crisis a potential boon The Netanyahu crisis is a potential boon not just to peace in the Middle East but to the political life of Israel itself. The Bar-on affair is surreally trivial.

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Wed, 23 Apr 1997

JP/Pencak silat team leaves for world championship

Pencak silat team leaves for world championship JAKARTA (JP): About 30 local pencak silat athletes left for Kuala Lumpur Monday to compete in the World Cup which begins today.Their coach Puji Hartono said Monday the team would treat the World Cup as a warmup for the SEA Games here in October.

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Wed, 23 Apr 1997

JP/Dutch energy firms want Indonesia partners

Dutch energy firms want Indonesia partners JAKARTA (JP): Forty-five Dutch energy companies are looking for partners to develop power stations in Indonesia using clean coal technology."About 40 percent of electricity in the Netherlands is coal based.

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Wed, 23 Apr 1997

JP/Legislators caution city administration on coastal projects

Legislators caution city administration on coastal projects JAKARTA (JP): Ongoing projects in North Jakarta should be adjusted to meet the recommendations of the currently underway regional environment impact study, or stopped temporarily if they are incompatible with it, legislators said.

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Wed, 23 Apr 1997

JP/Political parties to start battle of programs on Sunday

Political parties to start battle of programs on SundayBy Dwi Atmanta JAKARTA (JP): Massive gatherings of thousands of yelling, drum-beating and horn-whistling political supporters look set to become the main characteristic of the 27-day nationwide election campaign which starts Sunday.

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Wed, 23 Apr 1997

JP/Skilled divers required to monitor coral reefs

Skilled divers required to monitor coral reefs JAKARTA (JP): The World Wide Fund for Nature (WWF) and the Indonesian government plan to recruit certified divers to monitor the condition of coral reefs nationwide.

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Wed, 23 Apr 1997

JP/Manchester needs 5 points to win Premiership title

Manchester needs 5 points to win Premiership titleBy Vic Mills LONDON (JP): After a series of favorable results on the weekend, Manchester United needs just five points from its remaining four games to win a fourth Premiership title in five years.

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Wed, 23 Apr 1997

JP/Sewu opens more branches

Sewu opens more branches JAKARTA (JP): Bank Sewu will increase its number of branches to 19 this year.Sewu's president, Lanny Angkosubroto, launched yesterday a package of consumer loans for housing, cars, motorcycles and hand phones.

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Wed, 23 Apr 1997

JP/Capt. Ade gets four months

Capt. Ade gets four months JAKARTA (JP): A military tribunal sentenced yesterday a police captain to four months and twenty days jail for violating police rules when escorting Zarina, an alleged Ecstasy pill trafficker, last year. He was not sacked.Capt.

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Wed, 23 Apr 1997

JP/Liquid carrier project

Liquid carrier project JAKARTA (JP): Salim Group, RGM International and Gearbulk Ltd will set up a joint venture company to operate carriers of liquid products like crude palm oil and refined palm oil.

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Wed, 23 Apr 1997

JP/Gray area in business, power

Gray area in business, powerBy Makmur Keliat SURABAYA (JP): There are two depressing facts that most Indonesians are acquainted with.

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Wed, 23 Apr 1997

JP/PRD activists get six and four year sentence

PRD activists get six and four year sentence SURABAYA (JP): A district court here sentenced youth activists Dita Indahsari and Coen Husein Pontoh yesterday to six and four years of imprisonment respectively for subversion.The panel of judges, presided over by Amrin D.

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Wed, 23 Apr 1997

JP/U.S. sanctions

U.S. sanctions Two questions immediately come to mind if U.S. President Bill Clinton's goes ahead with imposing economic sanctions against Myanmar, as he reportedly would yesterday, because of Yangon's poor human rights record: Is the policy effective? And is it right?Historically, no economic ...

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Wed, 23 Apr 1997

JP/Soldier sentenced to death for shooting rampage

Soldier sentenced to death for shooting rampage JAKARTA (JP): An officer of the Army's Special Forces (Kopassus) was sentenced to death in the Irian Jaya capital of Jayapura yesterday for killing 16 people in a shooting spree at the Timika airport last year.

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Wed, 23 Apr 1997

JP/State-owned bus company PPD operates 40 gas-fueled buses

State-owned bus company PPD operates 40 gas-fueled buses JAKARTA (JP): State-owned bus company Perum PPD began operating 40 gas-fueled buses in the city yesterday.

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Wed, 23 Apr 1997

JP/Soeharto outlines poverty alleviation plan

Soeharto outlines poverty alleviation plan JAKARTA (JP): President Soeharto outlined yesterday a detailed course of action the country should pursue to combat poverty, calling for partnership between big and small enterprises and cooperatives.

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Wed, 23 Apr 1997

JP/Megacosts keep megacities unhealthy

Megacosts keep megacities unhealthyBy Johanna Son MANILA (IPS): Developing Asia needs to invest up to US$ 40 billion a year in its megacities in the next decade, if these bustling hubs are to keep their economic edge and improve quality of life, the Asian Development Bank (ADB) said in a new ...

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