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

Tue, 04 Mar 1997

JP/Officers welcome Soeharto's 'clobber' statement

Officers welcome Soeharto's 'clobber' statement JAKARTA (JP): Two senior military officers and a retired general expressed support yesterday for President Soeharto's threat to "clobber" anyone attempting to unseat him in an unconstitutional manner.

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Tue, 04 Mar 1997

JP/Growing aspirations

Growing aspirations If demands for change are now being aired, the case could be that a new awareness is evolving in our society.

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Tue, 04 Mar 1997

JP/Perdana to launch housing loan

Perdana to launch housing loan JAKARTA (JP): Perdana Finance, a subsidiary of the publicly listed Perdana Cipta Multi Finance, will launch a 25-year home loan in July.

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Tue, 04 Mar 1997

JP/Friend says dead Briton no drug user

Friend says dead Briton no drug user JAKARTA (JP): A Briton denied yesterday that an overdose was behind the death of his friend in Menteng Saturday, saying the victim was not a drug user.Garry Staggs told The Jakarta Post yesterday his old friend John, who died in Garry's house on Jl.

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Tue, 04 Mar 1997

JP/Jembatan Lima mart back to normal

Jembatan Lima mart back to normal JAKARTA (JP): A number of Jembatan Lima traders, who recently left the market on the instruction of authorities, have returned to join those who still refuse to move.

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Tue, 04 Mar 1997

JP/Private firms to speed up telephone installations

Private firms to speed up telephone installations JAKARTA (JP): Five private firms with joint operation contracts with state-owned PT Telkom will speed up their projects to install the telephone lines the government requires by March 1999.

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Tue, 04 Mar 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Le-Meridien: Jl. Jend. Sudirman Kav. 18-20, Central Jakarta: - Lounge and Lobby Bar, Le Rendez-Vous; Venus Quartet, Monday, 8 p.m. to 12 a.m., Janet Hogarth, Canadian pianist & singer, nightly, except Monday, 8 p.m. to 12 a.m.

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Tue, 04 Mar 1997

JP/Sritex wins order from NATO

Sritex wins order from NATO JAKARTA (JP): Central Java textile maker PT Sritex has won a Rp 25 billion (US$10.87 million) contract to make 500,000 military uniforms for the North Atlantic Treaty Organization (NATO) starting this year, a company executive said.

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Tue, 04 Mar 1997

JP/I'm really sick: Pakpahan

I'm really sick: Pakpahan JAKARTA (JP): Labor leader Muchtar Pakpahan, standing trial for his alleged antigovernment statements, exploded in court yesterday and accused presiding Judge Djazuli P. Sudibyo of ignoring his poor health.

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Tue, 04 Mar 1997

JP/Six men burgle house, stab owner in Bekasi

Six men burgle house, stab owner in Bekasi JAKARTA (JP): Six men broke into a house at Jati Bening, Bekasi, some 20 kilometers east of here yesterday, stabbed the owner and made off with 60 grams of gold.

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Tue, 04 Mar 1997

JP/Mongolian president in town for three-day visit

Mongolian president in town for three-day visit JAKARTA (JP): Visiting Mongolian President Punsalmagiin Ochirbat, who arrived here yesterday for a three day state visit, will meet President Soeharto today to discuss bilateral issues.

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Tue, 04 Mar 1997

JP/Catholic students warned to beware of provocation

Catholic students warned to beware of provocation JAKARTA (JP): Vice President Try Sutrisno warned Catholic Students Association activists yesterday not to be provoked by campaigns aimed at discrediting the government and stirring up political chaos.

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Tue, 04 Mar 1997

JP/Netanyahu not to tolerate existence of Palestinian state

Netanyahu not to tolerate existence of Palestinian state JAKARTA (JP): Israeli Prime Minister Benjamin Netanyahu said yesterday he would not tolerate the existence of a Palestinian state because its establishment could threaten Israel's survival and the safety of Jews.

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Tue, 04 Mar 1997

JP/LBH lawyer wants tough measures for stubborn firms

LBH lawyer wants tough measures for stubborn firms JAKARTA (JP): Employers here will be beyond the reach of the law if the proposed revision of the Labor Law is passed by the House of Representatives, a lawyer said.

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Tue, 04 Mar 1997

JP/Thais send 846 athletes to retain SEA Games title

Thais send 846 athletes to retain SEA Games title JAKARTA (JP): Thailand will deploy 846 athletes--496 men and 350 women--in its bid to retain the overall title at the 19th SEA Games here in October.Three countries have so far submitted their entry forms: Thailand, Cambodia and the Philippines.

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Tue, 04 Mar 1997

JP/Food poisoning at wedding

Food poisoning at wedding BANDUNG: At least 200 people from the Bojongkoneng district near here were rushed to hospital Sunday after coming down with food poisoning at a wedding reception attended by more than 600 guests.

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Tue, 04 Mar 1997

JP/Ruwiyati eyes victory at Malang

Ruwiyati eyes victory at Malang JAKARTA (JP): Indonesian marathon runner Ruwiyati hopes to win East Java's Malang International Marathon in April.

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Tue, 04 Mar 1997

JP/RI not ready for ASEAN financial liberalization

RI not ready for ASEAN financial liberalization JAKARTA (JP): The weak capitalization of Indonesia's banks and insurance companies will inhibit them competing in other ASEAN countries when the financial services within the group are liberalized, bank executives said yesterday.

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Tue, 04 Mar 1997

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Berenstain Bears 3:00 News: Lintasan Berita 3:05 Children's Program: Gemar Membaca 3:30 Science Film: Four Minute Mile 4:00 News: Lintasan Berita 4:05 Science and Technology Film: Science World 4:30 TV Drama: Pelangi Budaya ...

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Tue, 04 Mar 1997

JP/RI offers Iranian quake victims aid

RI offers Iranian quake victims aid JAKARTA (JP): Indonesia has offered assistance to victims of the recent earthquake in Iran which claimed more than 550 lives.

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Tue, 04 Mar 1997

JP/Pilgrims demand better services

Pilgrims demand better services JAKARTA (JP): Minister of Religious Affairs Tarmizi Taher said yesterday that most of the 200,000 Indonesian haj pilgrims going to Saudi Arabia this year were poor people in need of better government service and protection.

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Tue, 04 Mar 1997

JP/Legal aid course opened

Legal aid course opened JAKARTA (JP): Jakarta's Legal Aid Institute (LBH) begins a law course for 50 law graduates and students today.The five-week course, called Kalabahu 1997, is at LBH's office on Jl. Diponegoro, Central Jakarta, Luhut Pangaribuan, LBH's director, said yesterday.

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Tue, 04 Mar 1997

JP/South Korea agonized over morality

South Korea agonized over morality Suddenly it seems like a case of "all fall down" in South Korea. President Kim Young Sam began his term in 1993 with the aura of being his country's first civilian to be elected head.

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Tue, 04 Mar 1997

JP/Asserting Jiang Zemin's primacy

Asserting Jiang Zemin's primacy In this fourth article of a series on China's Future without Deng, our Asia correspondent Harvey Stockwin looks at the pattern of uniformity which has threaded through Deng's memorial meeting and the current session of China's parliament.

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Tue, 04 Mar 1997

JP/Edward discovers oil

Edward discovers oil JAKARTA (JP): Indonesian businessman Edward Soeryadjaya, whose bank was liquidated in 1993 for bankruptcy, said his company has discovered huge oil reserves in Mongolia through Soco Tamstag Mongolia, Inc. (Sotamo).

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Tue, 04 Mar 1997

JP/Playing games with God

Playing games with God Last weekend we were shocked when scientists claimed it would not be long before their colleagues could produce humans from cloned embryos. They said it would perhaps be much easier than the cloning of Dolly, the sheep created recently by Scottish researcher Dr. Ian Wilmut.

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Tue, 04 Mar 1997

JP/Legislators protest governor's project

Legislators protest governor's project SEMARANG: The United Development Party faction in Central Java's legislature have strongly protested Governor Soewardi's plan to build a family welfare monument worth Rp 3.5 billion (US$1.

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Tue, 04 Mar 1997

JP/PPP edict draws mixed responses

PPP edict draws mixed responses JAKARTA (JP): A call by the United Development Party (PPP) for ulemas from all three political groups to issue an edict on the general election received mixed reactions yesterday.

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Tue, 04 Mar 1997

JP/House set to ratify nuclear treaty

House set to ratify nuclear treaty JAKARTA (JP): The House of Representatives is ready to ratify a bill that would help turn Southeast Asia into a nuclear weapons-free zone.

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Tue, 04 Mar 1997

JP/Muliasentra to issue five-year bonds

Muliasentra to issue five-year bonds JAKARTA (JP): PT Muliasentra Gunaswakarya, which owns 59.3 percent of publicly listed property firm Mulia Land property, will issue five-year bonds worth between Rp 150 billion (US$63.02 million) and Rp 250 billion later this month.

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Tue, 04 Mar 1997

JP/New land taxation needed

New land taxation needed JAKARTA (JP): State Minister of Agrarian Affairs Soni Harsono has called for a new land tax system to stop speculation and the dereliction of land.

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Tue, 04 Mar 1997

JP/City should get govt funding: Councilor

City should get govt funding: Councilor JAKARTA (JP): A councilor backed the administration's appeal to the government to help fund the city's large projects.

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Tue, 04 Mar 1997

JP/Troubles in Zaire

Troubles in Zaire Zaire, a large central African republic, was at one stage one of the most potentially rich nations in Africa. It produces important raw materials such as cobalt and copper.

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Tue, 04 Mar 1997

JP/Nine people arrested over Ambeno riot

Nine people arrested over Ambeno riot DILI (JP): Nine East Timorese have been arrested for their roles in the Feb. 21 riot in the western town of Ambeno that claimed one life, police said yesterday.East Timor Police Chief Col.

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Tue, 04 Mar 1997

JP/Indoprom apologizes

Indoprom apologizes I am writing in reference to the letter of complaint (Feb. 26) regarding our service. We would like to apologize for what happened to Soren Lax's subscription to Asia Boating. We would like to clarify the matter as follows.

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Tue, 04 Mar 1997

JP/Indonesia's nation-building process at the crossroads

Indonesia's nation-building process at the crossroadsBy Aleksius Jemadu This is the second of two articles on nation-building. BANDUNG (JP): Many foreign observers applaud the economic performance of the New Order government over the last three decades.

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Tue, 04 Mar 1997

JP/RI needs new palm oil markets, says LIPI study

RI needs new palm oil markets, says LIPI study JAKARTA (JP): Indonesia should not be too dependent on the West European market for its palm oil exports and should explore new markets in the Middle East, the Mediterranean, Eastern Europe and Asia, according to researchers.

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Tue, 04 Mar 1997

JP/Four journalists testify

Four journalists testify YOGYAKARTA: Four senior journalists testified yesterday before the Bantul district court trying the lawsuit filed by Marsiyem, the widow of murdered journalist Fuad Muhammad Syafruddin, against the Yogyakarta police.

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Tue, 04 Mar 1997

JP/Thousands throng police precinct to cheer Megawati

Thousands throng police precinct to cheer Megawati JAKARTA (JP): Thousands of Megawati Soekarnoputri's supporters thronged the South Jakarta Police Precinct yesterday to support the ousted leader of the Indonesian Democratic Party (PDI) who was questioned over an allegedly illegal political ...

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Tue, 04 Mar 1997

JP/Bogor miners demand permits to buy explosives

Bogor miners demand permits to buy explosives JAKARTA (JP): More than 360 stone quarriers from Bogor protested at National Police headquarters yesterday the withdrawal of their permits to buy explosives.

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Tue, 04 Mar 1997

JP/Crazy lenses made in Finland

Crazy lenses made in Finland STOCKHOLM (AFP): Tired of your baby blues? A Finnish optician has designed contact lenses featuring yellow happy faces, pink flower petals, red hearts and even dollar signs against a green background to spice up your life.

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Tue, 04 Mar 1997

JP/Teacher rapes 12 of his 25 student

Teacher rapes 12 of his 25 student JAKARTA (JP): A private teacher in Tangerang was arrested Sunday for raping 12 of his 25 students, aged between six and 14 years old, Tangerang police precinct chief said yesterday.Lt. Col.

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Tue, 04 Mar 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 3, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Tue, 04 Mar 1997

JP/U.S. opens trade office

U.S. opens trade office JAKARTA (JP): The United States embassy has opened an agricultural trade office in Jakarta to promote export sales and provide information for importers wanting to buy U.S. agricultural products.August Schumacher, the administrator of the U.S.

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Tue, 04 Mar 1997

JP/Last round of 'Blue Sky' emission tests to begin

Last round of 'Blue Sky' emission tests to begin JAKARTA (JP): The third and last round of vehicle emission testing will begin at 20 sites in Jakarta on March 10 until March 13, head of the city environmental bureau said yesterday.

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