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

Thu, 03 Apr 1997

JP/Ministries to take steps to save parks

Ministries to take steps to save parks BONTANG, East Kalimantan (JP): The government will revise the 1989 joint ministerial decree on mining exploration inside national parks, an effort to strengthen their legal status.

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Thu, 03 Apr 1997

JP/Forest concession closed

Forest concession closed JAKARTA (JP): The Ministry of Forestry has closed North Sulawesi to new forest concessionaires because of forests' poor conditions and limited forest areas.

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Thu, 03 Apr 1997

JP/Asia Inti Selera to sell 45 percent of its shares

Asia Inti Selera to sell 45 percent of its shares JAKARTA (JP): PT Asia Inti Selera plans to offer 45 million shares or 35 percent of its capital to the public to raise Rp 50 billion (US$21 million) in fresh funds.

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Thu, 03 Apr 1997

JP/Moslems should unite

Moslems should uniteFrom PelitaWhen civil war raged in Bosnia, the Islamic countries became one in their struggle against Serbs. Recalling the 1995 slaughter in Sebrenica, we cannot help but regret the cruel acts of Serbian soldiers.

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Thu, 03 Apr 1997

JP/Palm Oil group backs govt's decision

Palm Oil group backs govt's decision JAKARTA (JP): The Association of Palm Oil Producers fully backs the government's decision to ban new foreign investment in oil palm plantations, the association's chairman said.

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Thu, 03 Apr 1997

JP/MAS expects 15% hike in load factor growth

MAS expects 15% hike in load factor growth JAKARTA (JP): Malaysia Airlines (MAS) expects a 15 percent increase in its Jakarta-Kuala Lumpur load factor this year because of an improvement in trade relations, an airline executive said yesterday.

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Thu, 03 Apr 1997

JP/Tempo and NatMut join forces

Tempo and NatMut join forcesJP/afs Indonesia's Tempo Group and Australia's National Mutual Group announced yesterday the operation of their joint life insurance venture, PT Tempo National Mutual Life (TNML), with an authorized capital of Rp 30 billion (US$12.48 million).

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Thu, 03 Apr 1997

JP/Soeharto 'should accept renomination'

Soeharto 'should accept renomination' JAKARTA (JP): President Soeharto should accept his renomination for another term of office to help ensure a safe and smooth national leadership succession, according to a political observer.

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Thu, 03 Apr 1997

JP/Foundation builds 800 mosques

Foundation builds 800 mosques LOMBOK, West Nusa Tenggara: The Yayasan Amal Bhakti Muslim Pancasila Foundation, chaired by President Soeharto, has built 807 mosques across the country, Minister of Transmigration Siswono Yudohusodo said here Monday evening.

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Thu, 03 Apr 1997

JP/Surjadi reminds city officials not to abuse power

Surjadi reminds city officials not to abuse power JAKARTA (JP): The new head of the public order office was given a special welcome at his installation ceremony as Governor Surjadi Soedirdja quoted reports of public order officials asking for money and sex.

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Thu, 03 Apr 1997

JP/Soeharto warns the public of communist remnants

Soeharto warns the public of communist remnants JAKARTA (JP): President Soeharto told Indonesians yesterday to maintain their vigilance against remnants of the outlawed Indonesian Communist Party (PKI) which were lurking in the dark.

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Thu, 03 Apr 1997

JP/Humorist Jaya Suprana releases book on notorious errors

Humorist Jaya Suprana releases book on notorious errorsBy K. Basrie JAKARTA (JP): Jaya Suprana, a humorist with a bulk of titles and ideas, has recorded another debut.

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Thu, 03 Apr 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 2, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,025 0 ...

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Thu, 03 Apr 1997

JP/Lessons from a Japanese daily

Lessons from a Japanese dailyBy Ignas Kleden TOKYO (JP): On March 22, 1997 the Tokyo-based English-language newspaper of Japan, The Japan Times, celebrated its centennial.

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Thu, 03 Apr 1997

JP/Minister Sarwono urges Yayuk to make up her mind

Minister Sarwono urges Yayuk to make up her mind JAKARTA (JP): The Indonesia Tennis Association's chairman Sarwono Kusumaatmadja urged the country's top female player Yayuk Basuki to decide whether she will join the SEA Games squad or play in WTA tournaments.

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Thu, 03 Apr 1997

JP/Governor takes blame for permit abuse in Kemang

Governor takes blame for permit abuse in Kemang JAKARTA (JP): The irresponsibility of city officials has led to cafes and restaurants in Kemang being operated with housing permits, Governor Surjadi Soedirdja said.

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Thu, 03 Apr 1997

JP/Development goes on

Development goes on This year, April 1 marked two very important events as far as economical development is concerned.

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Thu, 03 Apr 1997

JP/Astra aims to export 1,370 new Kijang vans

Astra aims to export 1,370 new Kijang vans JAKARTA (JP): PT Toyota Astra Motor, a subsidiary of Indonesia's largest automaker PT Astra International, expects to export 1,370 units of its new Kijang van this year.

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Thu, 03 Apr 1997

JP/Thirty jailed for Pekalongan riots

Thirty jailed for Pekalongan riots PEKALONGAN, Central Java (JP): The Pekalongan district court sentenced 30 people yesterday to between three days and three months imprisonment for their involvement in riots here last week.

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Thu, 03 Apr 1997

JP/Rights commission recommends circus halt work abuses

Rights commission recommends circus halt work abuses JAKARTA (JP): The National Commission on Human Rights has recommended the Oriental Circus Indonesia's management stop abusing the rights of its child workers.

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Thu, 03 Apr 1997

JP/Seminar on Sukarno delayed

Seminar on Sukarno delayed JAKARTA (JP): After a week of polemics, the government decided yesterday to postpone a controversial seminar on a speech by the late president Sukarno until after the May 29 election.

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Thu, 03 Apr 1997

JP/Adi Sasono blames unrest on disparity

Adi Sasono blames unrest on disparityBy Yenni Kwok JAKARTA (JP): A topic that Adi Sasono, the secretary-general of the Association of Indonesian Moslem Intellectuals (ICMI), always talks about passionately is the economic disparity between the ethnic Chinese and the have-nots, many of whom are ...

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Thu, 03 Apr 1997

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainments * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), Monday to Wednesday, 5:30 p.m. to 8 p.m., Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m., Mixed Voices Accapela (Singer) and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.

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Thu, 03 Apr 1997

JP/Four gold miners die

Four gold miners die SAMARINDA, East Kalimantan: Four miners died in a landslide Saturday while working in a prohibited gold mining area in Kelian Dalam Long Iram, Kutai regency.The chief of Kutai District Police, Lt. Col.

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Thu, 03 Apr 1997

JP/Fisherman dies in border incident

Fisherman dies in border incident JAKARTA: One Indonesian fisherman was killed and two were wounded when Papua New Guinea (PNG) soldiers attacked their Taiwanese fishing boat in the Solomon Islands waters, Antara reported Wednesday.

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Thu, 03 Apr 1997

JP/Boat people stranded

Boat people stranded GRESIK, East Java: Engine trouble forced 44 Vietnamese boat people to land on Sembilangan island, near the East Java coastal town of Gresik, Monday while en route to Australia, an official said yesterday.

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Thu, 03 Apr 1997

JP/No sex stories, please!

No sex stories, please! After reading The Jakarta Post of March 21, 1997 I felt compelled to write.First of all, my family and I do enjoy your paper.

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Thu, 03 Apr 1997

JP/Defendant says they arrested the wrong man

Defendant says they arrested the wrong man JAKARTA (JP): A man on trial for defaming President Soeharto by printing an unlicensed magazine told the court yesterday that the court was trying the wrong person.

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Thu, 03 Apr 1997

JP/Bad timing

Bad timing All of president Sukarno's speeches were named. Nawaksara was the name given to the president's policy account before a general session of the Provisional People's Consultative Assembly in 1966. Specifically, it contained his account of the aborted coup d'etat of Sept.

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Thu, 03 Apr 1997

JP/BI will probably limit majority bank shareholdings

BI will probably limit majority bank shareholdings JAKARTA (JP): Bank Indonesia, the central bank, will probably limit the ownership of institutions and individuals in banks to prevent the dominance of single majority shareholders, a senior official said yesterday.

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Thu, 03 Apr 1997

JP/Foreigner arrested for cheating

Foreigner arrested for cheating JAKARTA (JP): A Cameroon man was arrested after cheating two people by promising to double their money, police spokesman said yesterday.Lt. Col. E.

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Thu, 03 Apr 1997

JP/No Davis Cuppers expected to play in all matches

No Davis Cuppers expected to play in all matches JAKARTA (JP): Team manager Atet Wijono has predicted Indonesia's Davis Cuppers will not have to play in both the singles and doubles in the tie against New Zealand here from April 4 to April 6.

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Thu, 03 Apr 1997

JP/Bank Lippo expects more growth despite LBC woes

Bank Lippo expects more growth despite LBC woes JAKARTA (JP): Publicly listed Bank Lippo projects further profit growth this year amid reports its independent counterpart, Lippo Bank of California (LBC), was suffering financial problems.

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Thu, 03 Apr 1997

JP/RI confident of beating Cambodia

RI confident of beating Cambodia JAKARTA (JP): National coach Danurwindo said he was confident Indonesia could beat Cambodia in the World Cup Asian zone qualifier here on April 6.

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Thu, 03 Apr 1997

JP/PLN and power shortages

PLN and power shortages We have read many letters written by expats complaining about the service of the local companies.This time I would like to complain about service of foreign companies in Indonesia.

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Thu, 03 Apr 1997

JP/TV today

TV todayTVRI 2:30 a.m News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film 3:10 Science Film 3:35 TV Series: Jendela Dunia 4:00 Regional News 4:30 Tour and Travel: Pelangi Budaya 5:00 Arabic Lessons 5:25 Koran Recital 5:35 Religious Teachings: Islam 5:55 Music ...

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Thu, 03 Apr 1997

JP/Man beaten to death over ID

Man beaten to death over ID SURABAYA (JP): Relatives of Teguh Soenarto, who allegedly died of injuries caused by police, asked the Jakarta-based National Commission on Human Rights yesterday to follow-up the allegations.Lawyer Trimoelja D.

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Thu, 03 Apr 1997

JP/Art events

Art eventsExhibition: Nyoman Erawan -- Eddie Hara at Galeri Santi, Jl. Benda 4, South Jakarta, Ph. 7806079April 3 - April 17Nyoman Erawan and Eddie Hara are both up-and-coming contemporary Indonesian artists. Although they are contemporaries, their works are very distinct from each other.

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Thu, 03 Apr 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Sahid Jaya Hotel, Jl. Sudirman, Central Jakarta: - Shah Jahan Restaurant; Sham - E - Mehfil, daily except Sunday, 7 p.m. to 12 p.m. - Bengawan Solo Restaurant; Siteran Music, daily, 6.30 p.m. to 10.30 p.m.

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Thu, 03 Apr 1997

JP/Bulog urged to ensure food supplies during elections

Bulog urged to ensure food supplies during elections JAKARTA (JP): President Soeharto ordered the National Logistics Agency (Bulog) yesterday to ensure the country had enough food supplies for the coming general elections.

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Thu, 03 Apr 1997

JP/Security forces quell student demonstration

Security forces quell student demonstration YOGYAKARTA (JP): Security personnel quelled another demonstration by hundreds of Gadjah Mada University students here yesterday and will charge eight of them.Yogyakarta military commander Col. A.R.

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Thu, 03 Apr 1997

JP/Consumers protest over developer

Consumers protest over developer JAKARTA (JP): Hundreds of people staged a protest at the state minister of public housing's office yesterday, demanding that a developer return their down paymentsThe consumers, mostly blue-collar workers, said the developer, PT Helindo Cipta, had broken its ...

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Thu, 03 Apr 1997

JP/Mt. Anak Krakatau erupts, people told to stay away

Mt. Anak Krakatau erupts, people told to stay away JAKARTA (JP): Mount Anak Krakatau in the Sunda Strait, about 300 kilometers west of here, has been spewing volcanic ash and rocks for the past few days, an official said yesterday.

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Thu, 03 Apr 1997

JP/Gus Dur meets Tutut in tightly guarded gathering

Gus Dur meets Tutut in tightly guarded gathering SIDOARJO, East Java (JP): About 10,000 members of the country's largest Moslem organization, Nahdlatul Ulama (NU), gathered here yesterday to listen to their chairman Abdurrahman Wahid and Golkar leader Siti Hardiyanti Rukmana.

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Thu, 03 Apr 1997

JP/Three over stay foreigners arrested

Three over stay foreigners arrested JAKARTA (JP): Immigration officers arrested three foreigners holding Yemen, Syrian and Moroccan passports respectively, for overstaying.

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Thu, 03 Apr 1997

JP/Tanjung Jati sets lowest power price

Tanjung Jati sets lowest power price JAKARTA (JP): State-owned electricity company PLN will buy power from PT Tanjung Jati Power Company at 5.74 U.S. cents per kilowatt hour (kWh), claimed to be the lowest sales price ever to be paid to a private generator in Indonesia.

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Thu, 03 Apr 1997

JP/Oscar awards

Oscar awards I would like to express my disappointment with the Oscar Awards program on RCTI.I have been looking forward to this program which was extensively promoted by the media. The program should have included the songs of famous singers.

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