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

Fri, 25 Apr 1997

JP/General election must be successful: Soesilo

General election must be successful: Soesilo JAKARTA (JP): The government has challenged the public to help make the May 29 general election a success.

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Fri, 25 Apr 1997

JP/Parry and Purdy share lead at open

Parry and Purdy share lead at open JAKARTA (JP): Tournament favorite Craig Parry of Australia and American pro rookie Theodore Purdy shared an opening-round lead in the Satelindo Indonesia Open yesterday with 5-under par 67.

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Fri, 25 Apr 1997

JP/Recalcitrant officers disgrace to the nation

Recalcitrant officers disgrace to the nation JAKARTA (JP): National Military Police Chief Brig. Gen. Syamsu said yesterday that intelligence officers and armed servicemen still violated Armed Forces rules.

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Fri, 25 Apr 1997

JP/Sugar's producer price rises by 5.5 percent

Sugar's producer price rises by 5.5 percent JAKARTA (JP): The government has raised the producer selling price of sugar 5.5 percent to Rp 96,080 a quintal or Rp 960 a kilogram to support sugar-cane growersbut assured the consumers that the retail price would remain stable at the current level.

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Fri, 25 Apr 1997

JP/Riddles around Merpati Airlines

Riddles around Merpati Airlines The weather was reportedly clear when the Merpati Airlines MZ- 106 aircraft crashed on Belitung Island. It is a pity that the circumstances that might explain why the tragedy occurred are not very clear.

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Fri, 25 Apr 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 24, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,025 ...

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Fri, 25 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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Fri, 25 Apr 1997

JP/BDNI's net profit up

BDNI's net profit up JAKARTA (JP): Publicly-listed Bank Dagang Nasional Indonesia (BDNI) posted a Rp 69.1 billion (US$29.4 million) net profit for this year's first quarter, up 76.3 percent on the same period last year.The company said yesterday its operating income rose 67.4 percent to Rp 193.

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Fri, 25 Apr 1997

JP/RI trains 86 countries

RI trains 86 countries MATARAM, West Nusa Tenggara: Indonesia's family planning program is being used as a model by 86 countries, according to a senior official of the National Family Planning Board.

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Fri, 25 Apr 1997

JP/Angry mob attacks election official's home in Pekalongan

Angry mob attacks election official's home in Pekalongan PEKALONGAN, Central Java (JP): An angry mob of about 200 people ransacked the home of a government official for failing to register them for next month's election, officials said yesterday.The incident happened at about 7 p.m.

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Fri, 25 Apr 1997

JP/Probe on officials issuing illegal permits starts

Probe on officials issuing illegal permits starts JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes said yesterday the governor had issued an instruction to investigate officials responsible for issuing illegal permits in Kemang, South Jakarta.

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Fri, 25 Apr 1997

JP/Australia and RI promise more incentives for AIDA

Australia and RI promise more incentives for AIDABy Riyadi AMBON, Maluku (JP): Indonesia and Australia launched the Australia-Indonesia Development Area (AIDA) here yesterday.AIDA is a sub-regional economic zone linking northern Australia with eastern Indonesia.

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Fri, 25 Apr 1997

JP/Six arrested for cheating job seekers

Six arrested for cheating job seekers JAKARTA (JP): Three people arrested by the South Jakarta police for cheating job seekers were sent yesterday to the East Java police because they allegedly committed their crimes in East Java.The chief of the South Jakarta Police Detectives Capt. Ricko A.

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Fri, 25 Apr 1997

JP/Where to go in Bali:

Where to go in Bali:Music and Entertainment * The Ritz Carlton Bali, Jl. Karang Mas Sejahtera, Jimbaran: Sami Sami Restaurant - Batak Folk Songs, 7 p.m. to 10 p.m., Padi Restaurant - Keroncong, nightly, 6 p.m. to 10 p.m.

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Fri, 25 Apr 1997

JP/Routine exercises before election

Routine exercises before election All office personnel in the Tomang area were startled when a helicopter circled above office buildings on April 15, 1997, and all transportation was stopped by security officers from the Ukrida crossroad to Citraland for about an hour.

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Fri, 25 Apr 1997

JP/Garuda Indonesia revamps services

Garuda Indonesia revamps services JAKARTA (JP): National flag carrier Garuda Indonesia has increased overseas and domestic flight routes and changed several jets serving international routes.

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Fri, 25 Apr 1997

JP/Steel from China subject to antidumping duties

Steel from China subject to antidumping duties JAKARTA (JP): Indonesia's Anti-Dumping Committee has decided to impose temporary countervailing duties, ranging between 22 percent and 42 percent on imports of hot rolled coil or plates from China, India, Russia and Ukraine.

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Fri, 25 Apr 1997

JP/ITT Sheraton chain opens new five-star hotel in Yogyakarta

ITT Sheraton chain opens new five-star hotel in Yogyakarta JAKARTA (JP): International hotel chain ITT Sheraton Corporation has opened its 11th hotel in Indonesia, the Sheraton Mustika Yogyakarta, in Central Java.

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Fri, 25 Apr 1997

JP/Reward offered to locate rebel

Reward offered to locate rebel JAYAPURA, Irian Jaya: The military has offered a reward to anyone who can provide information about a notorious rebel leader in the easternmost Irian Jaya province, a report said yesterday.Maj. Gen.

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Fri, 25 Apr 1997

JP/'Star Trek: First Contact' ventures into the battle within

'Star Trek: First Contact' ventures into the battle withinBy Yenni Kwok JAKARTA (JP): Peaceful co-existence between aliens and humans? The idea may seem outdated amid the current crop of ominous conspiracy films, with plots focusing on rapacious extraterrestrials abducting humans and the ensuing ...

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Fri, 25 Apr 1997

JP/Indonesia to raise geothermal power

Indonesia to raise geothermal power JAKARTA (JP): Indonesia will increase its geothermal power generation capacity to above 2,800 Megawatt (MW) by 2004 from the current capacity of 307.5 MW, an official said yesterday.

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Fri, 25 Apr 1997

JP/Mastermind of fatal Bogor robbery freed

Mastermind of fatal Bogor robbery freed BOGOR (JP): The prosecutors' office has freed the alleged mastermind of the Jagorawi fatal robbery because charges against him were too weak, the head of the prosecutors' office said.

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Fri, 25 Apr 1997

JP/C. Java governor told to stop $4.1m project

C. Java governor told to stop $4.1m project SEMARANG (JP): Minister of Home Affairs Moch. Yogie S.M. has ordered Central Java Governor Soewardi to shelve his highly controversial Rp 10 billion (US$4.1 million) building plan.

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Fri, 25 Apr 1997

JP/Polysindo posts 47% revenue rise

Polysindo posts 47% revenue rise JAKARTA (JP): The publicly-listed PT Polysindo Eka Perkasa, whose purified terephthalic acid (PTA) and polymer manufacturing plants will be inaugurated by President Soeharto today, reported yesterday a 47 percent increase in operating revenue to Rp 1,422.

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Fri, 25 Apr 1997

JP/Liza fails to stop Wang at Danamon Women's Open

Liza fails to stop Wang at Danamon Women's Open JAKARTA (JP): Although Indonesia's Liza Andriyani failed to beat top seed Wang Shi Ting of Chinese Taipei at the US$107,500 Danamon Women's Open yesterday, she received a standing ovation from almost 200 spectators for trying.

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Fri, 25 Apr 1997

JP/U.S. broadcasting firm plans to expand into Indonesia

U.S. broadcasting firm plans to expand into Indonesia JAKARTA (JP): Besides the overseas satellite-based telephone system and other telecommunications services, WorldSpace, a U.S. satellite-based radio broadcasting firm based also plans to expand into Indonesia.

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Fri, 25 Apr 1997

JP/Pos, Mitra sign contracts with PSN

Pos, Mitra sign contracts with PSN JAKARTA (JP): PT Pasifik Satelit Nusantara (PSN), Indonesia's first private satellite based telecommunications company, has awarded two contracts to use its Xpress Connection TM network.The company's president, Adi R.

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Fri, 25 Apr 1997

JP/Inco's profit down

Inco's profit down JAKARTA (JP): PT International Nickel Indonesia's unaudited net profit for this year's first quarter fell from US$7.2 million (Rp 17.04 billion) last year to $7.1 million.

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Fri, 25 Apr 1997

JP/Pulogebang bus terminal project to start in July

Pulogebang bus terminal project to start in July JAKARTA (JP): The construction of a bus terminal in East Jakarta which has been delayed since 1990, will start in July, the project's developer said yesterday.

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Fri, 25 Apr 1997

JP/Business in residential areas

Business in residential areas The Jakarta Municipal Administration (DKI) has focused on businesses operating in the residential area of Kemang over the past few weeks.

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Fri, 25 Apr 1997

JP/Minority parties threaten to boycott election campaign

Minority parties threaten to boycott election campaign JAKARTA (JP): With the electoral campaign only two days away, the Indonesian Democratic Party (PDI) threatened yesterday to boycott it if the party encountered too many hurdles.

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Fri, 25 Apr 1997

JP/Bapepam probes 100 investors and brokers

Bapepam probes 100 investors and brokers JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) is investigating around 100 parties consisting of securities firms, investors and the directors and several executives of the Jakarta Stock Exchange (JSX) over the trading of Bank Pikko shares ...

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Fri, 25 Apr 1997

JP/Batik artist carves out niche with designs on wood

Batik artist carves out niche with designs on woodBy K. Basrie SURAKARTA, Central Java (JP): A chance happening three years ago brought the beauty of batik design to a new domain of wood for one local artist.

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Fri, 25 Apr 1997

JP/Airnorth to fly Darwin-Ambon route next June

Airnorth to fly Darwin-Ambon route next JuneBy Riyadi AMBON, Maluku (JP): Merpati airlines suspended its Darwin- Ambon route last August but Darwin-based Airnorth Regional plans to fly the route twice a week starting next June.

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Fri, 25 Apr 1997

JP/Satelindo service

Satelindo service My account/subscription number with PT Satelit Palapa Indonesia for my GSM telephone is 142972.On April 17, 1997, my handphone was blocked, and a prerecorded message from Satelindo said that the number was not receiving any calls (outgoing calls were also not possible).

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Fri, 25 Apr 1997

JP/Zaire reminiscent of another West blunder

Zaire reminiscent of another West blunderBy Jonathan Power LONDON (JP): The rapid and dangerous way things are going suggest that Zaire could very easily, like its sideshow Angola, become the scene of an unending civil war between two rival protagonists.

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Fri, 25 Apr 1997

JP/Vaccinations for 120,000 babies

Vaccinations for 120,000 babies MATARAM, West Nusa Tenggara: A total of 120,000 babies, born between March 1, 1997 and March 1, 1998 will be given free Hepatitis B vaccinations, a chief of the local health office announced yesterday.

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Fri, 25 Apr 1997

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m., Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m., Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.

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Fri, 25 Apr 1997

JP/A word of gratitude

A word of gratitude Today The Jakarta Post celebrates its 14th anniversary. Looking back on the past 14 years, we cannot help but be touched by a deep sense of gratitude and pride that we have reached this point.

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Fri, 25 Apr 1997

JP/Was power break really planned?

Was power break really planned? I have great doubts about the Minister of Mines and Energy's statement made in connection with the recent power failure, which appeared in Republika, Kompas, The Jakarta Post and Media Indonesia.1.

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Fri, 25 Apr 1997

JP/'Bloody April' incident commemorated

'Bloody April' incident commemorated UJUNGPANDANG, South Sulawesi (JP): Thousands of students took to the streets here yesterday to commemorate a demonstration last year that left three students dead and 60 injured.

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Fri, 25 Apr 1997

JP/The Listening Post

The Listening Post "Building English Skills Through Newspaper+Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.

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Fri, 25 Apr 1997

JP/TV today

TV todayTVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Animated Classic 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz : Cerdas Cermat 5:10 Film: Dream of Flight 5:25 Variety Show 5:30 Music: ...

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Fri, 25 Apr 1997

JP/Megawati's vote directives hailed

Megawati's vote directives hailed JAKARTA (JP): The government welcomed yesterday a statement by ousted leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri that she and her supporters will not take part in the election campaign.

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Fri, 25 Apr 1997

JP/Rhoma entreats his fans

Rhoma entreats his fans JAKARTA (JP): Dangdut star Rhoma Irama pleaded to his fans yesterday to accept his decision to run for a seat in the House of Representatives for Golkar in the upcoming general election."I can understand if some of my fans are disappointed.

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