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

Mon, 03 Feb 1997

JP/Two injured in student brawl

Two injured in student brawl JAKARTA (JP): A teacher and a student were injured in a fierce brawl involving more than one hundred high school students in Cilandak, South Jakarta, Saturday.

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Mon, 03 Feb 1997

JP/Stock mart consolidates as holidays approach

Stock mart consolidates as holidays approach JAKARTA (JP): Share prices on the Jakarta Stock Exchange are likely to consolidate as the Chinese New Year and the Moslem Idul Fitri holidays approach.Securities analysts said holiday fever and the slim probability of the U.S.

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Mon, 03 Feb 1997

JP/Ramadhan time for Jakarta

Ramadhan time for JakartaMondayMaghrib 6:20 p.m.SundayImsak 4:26 a.m.Subuh 4:36 a.m.

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Mon, 03 Feb 1997

JP/Criticism from a friend

Criticism from a friend The latest annual report on human rights surveys by the U.S. State Department does not look too kindly on Indonesia's record for the past year. But the report does not differ all that much from those by some of our own respected human rights groups.

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Mon, 03 Feb 1997

JP/Beware of phony Makro staff

Beware of phony Makro staff Sometime ago (Jan. 22, 1997), a shop assistant at Makro in Pasar Rebo received a complaint from a cooperative in Bogor, West Java that it had been cheated by two persons claiming to belong to the "Makro company".

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Mon, 03 Feb 1997

JP/Religious tolerance

Religious tolerance I was shocked when I opened The Jakarta Post of Jan. 31, 1997 and read West Java town rocked by riot. I couldn't believe what I was reading. The Situbondo and Tasikmalaya turbulence was still fresh in minds of Indonesian citizens.

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Mon, 03 Feb 1997

JP/City Hall has new security boss

City Hall has new security boss JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes appointed Marsaid as head of the new City Hall Security Unit over the weekend.The appointment was marked the establishment of the Security Unit.It was the 63rd security unit set up in Jakarta.

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Mon, 03 Feb 1997

JP/Size of stake not key factor in Busang mining

Size of stake not key factor in Busang miningBy Benget Simbolon Tnb. ELKO, Nevada (JP): The size of the government's stake in the Busang gold mine would not guarantee that the mine will give the best benefits to the people, said a Barrick's executive.

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Mon, 03 Feb 1997

JP/Three-level transit system to start in June

Three-level transit system to start in June JAKARTA (JP): Construction of Jakarta's three-level transit system is expected to commence in June, amid a dispute on whether a presidential decree is needed and the uncertainty of the funding scheme.

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Mon, 03 Feb 1997

JP/Polyta loses in 4th quarter

Polyta loses in 4th quarter JAKARTA (JP): The publicly listed PT Tri Polyta Indonesia Tbk, predicts to see a loss of between 10 U.S. cents and 14 U.S. cents per American Depository Share in the fourth quarter of 1996.

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Mon, 03 Feb 1997

JP/'Judiciary independence never compromised'

'Judiciary independence never compromised' JAKARTA (JP): Chief Justice Sarwata denied over the weekend charges that the judiciary had given its independence to the bureaucracy.

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Mon, 03 Feb 1997

JP/Lippo Life's profit rises

Lippo Life's profit rises JAKARTA (JP): Publicly listed insurance firm, Lippo Life, announced over the weekend that its unaudited pre-tax profits increased by 243 percent to Rp 54 billion (about US$22.5 million) last year from Rp 22 billion in 1995.

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Mon, 03 Feb 1997

JP/State-owned Jasa Marga's debts reach Rp 1 trillion

State-owned Jasa Marga's debts reach Rp 1 trillion JAKARTA (JP): State-owned toll road operator PT Jasa Marga's debts reached a total of Rp 1 trillion (US$424 million) in fiscal year 1995/1996, said a senior official.

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Mon, 03 Feb 1997

JP/'Jamu' grocers avoid pre-Idul Fitri struggle for transport home

'Jamu' grocers avoid pre-Idul Fitri struggle for transport homeBy Dwi Atmanta JAKARTA (JP): The energy sapping battle against hunger and thirst during the fasting month of Ramadhan shifts into high gear for Moslems here when they search for buses and trains bound for their hometowns prior to the ...

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Mon, 03 Feb 1997

JP/Surviving Idul Fitri without your servants

Surviving Idul Fitri without your servantsBy Prapti Widinugraheni JAKARTA (JP): Idul Fitri is just around the corner.

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Mon, 03 Feb 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Dusit Mangga Dua, Jl. Mangga Dua Raya, Jakarta: - Equinox: VOX-B Band, Monday to Thursday, at 9 p.m to 2 a.m., Friday to Saturday, at 9 p.m. to 3 a.m - Lobby Bar: Piano and Singer, Monday to Sunday, at 6 p.m to 9 p.m. * Millennium Sirih Jakarta, Jl.

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Mon, 03 Feb 1997

JP/Dutch church officials in Malang

Dutch church officials in Malang MALANG, East Java: Dutch church officials believe that the recent unrest in various cities throughout Indonesia was not religiously motivated, a local Moslem leader said.

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Mon, 03 Feb 1997

JP/Iwa applies art of communications

Iwa applies art of communicationsBy I. Christianto JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo), one of the country's three Global System for Mobile communication (GSM) telecommunications providers, has progressed rapidly since its inception four years ago.

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Mon, 03 Feb 1997

JP/Foreign ships warned

Foreign ships warned JAKARTA (JP): Director General of Sea Transportation Soentoro has said he will take legal action against foreign shipping companies and their agents which transport cargo or pick up empty containers at undesignated domestic ports.

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Mon, 03 Feb 1997

JP/Government receives 176 mining applications

Government receives 176 mining applications JAKARTA (JP): The government is processing 176 applications for contracts of works in the country's mining sector, says Minister of Mines and Energy Ida Bagus Sudjana.

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Mon, 03 Feb 1997

JP/Govt prepares tender for airport expansion project

Govt prepares tender for airport expansion project JAKARTA (JP): The government is preparing the tender for the expansion of Ngurah Rai Airport in Denpasar, Bali, said a transportation official.

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Mon, 03 Feb 1997

JP/Customs, importers accuse each other of smuggling

Customs, importers accuse each other of smugglingBy Riyadi JAKARTA (JP): Importers and the customs office have been exchanging accusations over rampant smuggling practices, with the former putting the blame on the later and vice versa.

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Mon, 03 Feb 1997

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Buck Rogers 3:05 Children's Program: Anak Anak Indonesia 3:30 TV Series: Fresh Prince of Bell Air 4:05 Science Film: Death Rider 4:30 Education Quiz: Cepat Tepat 5:00 Evening News 5:25 My Country 5:30 News: Rubrik Teknologi ...

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Mon, 03 Feb 1997

JP/Man burgles restaurant

Man burgles restaurant JAKARTA (JP): A thief broke into a restaurant in Senayan in Central Jakarta Saturday and stole Rp 1.5 million (US$630) in cash, a facsimile machine and a telephone.Sgt.

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Mon, 03 Feb 1997

JP/PLN to get $1.08b in equity for electrification

PLN to get $1.08b in equity for electrification JAKARTA (JP): The government will provide state electric firm PT Perusahaan Listrik Negara (PLN) with Rp 2.49 trillion (US$1.08 billion) worth of equity participation for the 1997/1998 fiscal year, for power distribution and village electrification.

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Mon, 03 Feb 1997

JP/Train derails crippling traffic

Train derails crippling traffic CILACAP, Central Java: Railway traffic was crippled for seven hours over the weekend after a train, carrying no passengers, was derailed.The 11 carriages derailed in the Bojong village in Kawungwetan subdistrict. None of the crew members were reported hurt.

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Mon, 03 Feb 1997

JP/Idul Fitri exodus peaks amid rampant fare violations

Idul Fitri exodus peaks amid rampant fare violations JAKARTA (JP): As the Idul Fitri exodus nearing its peak over the weekend, many bus passengers fell prey to illegal fare hikes or collapsed after waiting at least three hours for buses while fasting in the heat.

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Mon, 03 Feb 1997

JP/Energy saving remains alien to Indonesians

Energy saving remains alien to Indonesians JAKARTA (JP): Energy conservation remains a foreign concept to most Indonesians despite an official campaign launched 15 years ago, experts said on Saturday.

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Mon, 03 Feb 1997

JP/Milosevic faces political crisis

Milosevic faces political crisis LONDON: After more than two months of street demonstrations, Serbian President Slobodan Milosevic shows little sign of conceding power to the opposition in 15 leading municipalities, including Belgrade.

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Mon, 03 Feb 1997

JP/Put that in your pipe

Put that in your pipe The New England Journal of Medicine endorsed the medical use of marijuana recently, thus increasing the pressure on the Clinton administration to accelerate a fair and reasoned re- examination of the drug's medical properties.

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Mon, 03 Feb 1997

JP/Music appreciation

Music appreciation I am writing in response to S. Harmono's letter (Jan. 30, 1997), which commented on my articles on classical music which appeared in The Sunday Post (Jan. 26, 1997).Firstly, regarding S. Harmono's comment that I should "...

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Mon, 03 Feb 1997

JP/Police open service hotline

Police open service hotline SURABAYA: Police have opened a hotline telephone number for people in need of assistance related to security and traffic, East Java Police chief Maj. Gen. Sumarsono said.

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Mon, 03 Feb 1997

JP/What's improved and what's new in CorelPHOTO-PAINT 7.0

What's improved and what's new in CorelPHOTO-PAINT 7.0By Zatni Arbi JAKARTA (JP): From one upgrade to another, CorelDRAW has always been a Pandora's box. Well, the big difference is that the box, according to Greek mythology, contained all the ills that would plague humankind.

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Mon, 03 Feb 1997

JP/Nirwana Golf Course adds a touch of Bali

Nirwana Golf Course adds a touch of Bali DENPASAR, Bali (JP): Balinese terraced rice paddy fields have been integrated into the overall design concept of the Bali Nirwana Resort Golf Course, setting it apart from other golf courses in the world.

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Mon, 03 Feb 1997

JP/24 people die in dengue outbreak

24 people die in dengue outbreak SUMENEP, East Java: At least 24 people have died and 355 have been hospitalized in a dengue outbreak that has stricken Sumenep regency in Madura island since November.

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Mon, 03 Feb 1997

JP/RI to host meeting of composers

RI to host meeting of composers JAKARTA (JP): Music is not just an art but also a physical and spiritual phenomenon, according to noted composer Slamet A. Syukur.

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Mon, 03 Feb 1997

JP/Indonesia's top 10 taxpayers in 1995

Indonesia's top 10 taxpayers in 1995 Individual Corporate 1. Soedono Salim 1. PT Freeport Indonesia Co. 2. Eka Tjipta Widjaja 2. PT Telekomunikasi Indonesia 3. Rachman Halim 3. PT Indonesia Satellite Corp. 4.

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Mon, 03 Feb 1997

JP/Crowds flock to shopping centers

Crowds flock to shopping centers JAKARTA (JP): Roads to shopping centers were heavily jammed over the weekend, a week before Idul Fitri which falls on February 9 and 10.Buses were packed with passengers heading for terminals on their way home.In Block M, the route from Jl.

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Mon, 03 Feb 1997

JP/Rumors of riot plague Bandung and Pontianak

Rumors of riot plague Bandung and Pontianak JAKARTA (JP): Fear of unrest gripped Bandung and the West Kalimantan capital of Pontianak yesterday but no violence was reported.A curfew was imposed in Pontianak with authorities ordering people to stay indoors between 9 p.m. and 5 a.m.

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Mon, 03 Feb 1997

JP/Gold, jewelry have lost their glitter for holiday shoppers

Gold, jewelry have lost their glitter for holiday shoppersBy Ida Indawati Khouw JAKARTA (JP): For gold and jewelry store owners, this year's Idul Fitri may not be as bright as previous years.

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Mon, 03 Feb 1997

JP/Rented cars running out as Idul Fitri approaches

Rented cars running out as Idul Fitri approaches JAKARTA (JP): With thousands of people having made reservations weeks before Idul Fitri, car rental companies are running out of vehicles.

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Mon, 03 Feb 1997

JP/The price of exports

The price of exports The reason why government export promotion is wrong in principle begins with a simple observation: Everything has a price.

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Mon, 03 Feb 1997

JP/Tonasa gets more profit

Tonasa gets more profit JAKARTA (JP): PT Semen Tonasa of South Sulawesi, a subsidiary of the state-owned PT Semen Gresik, reported a 5.4 percent increase in a before-tax profit, to Rp 55 billion (US$23.3 million) in 1996, over the previous year, said an executive.

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Mon, 03 Feb 1997

JP/Liem tops country's taxpayers

Liem tops country's taxpayers JAKARTA (JP): Soedono Salim (Liem Sioe Liong), the chairman of the giant Salim Group, topped the list of the country's 200 biggest individual taxpayers for 1995, after coming second in the last two years' rankings.

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Mon, 03 Feb 1997

JP/Charity program for street kids

Charity program for street kids JAKARTA (JP): The Body Shop (Indonesia) in cooperation with social organizations MMK and RESCUE, is running a charity program for street children.The program is named Langitku Rumahku (My Sky My Home), after a film directed by Slamet Rahardjo.

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Mon, 03 Feb 1997

JP/Engaging with Beijing

Engaging with Beijing The salient chapter in the State Department's latest human rights report is about China, and it makes grim reading. The Communist authorities have done nothing less than silence all public dissent. Some of this was done no doubt to keep control in choppy political waters.

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Mon, 03 Feb 1997

JP/Moral decadence sparked riots: Catholic leader

Moral decadence sparked riots: Catholic leader JAKARTA (JP): Indonesian Catholic leader Mgr. Julius Cardinal Darmoatmodjo deplored the recent riots which have rocked the country and said an overwhelming moral decadence was behind the spate of violence.

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Mon, 03 Feb 1997

JP/Books on Situbondo riot circulate in East Java

Books on Situbondo riot circulate in East Java SURABAYA (JP): The military has launched an investigation into the circulation of a classified book analyzing the background to the riot in the East Java town of Situbondo last October.

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