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

Thu, 06 Nov 1997

JP/Int'l cooperation for better health care

Int'l cooperation for better health careBy Ivy Susanti JAKARTA (JP): The constant war which mankind has had to fight throughout its existence is not political or even territorial, but the fight against disease.Dr.

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Thu, 06 Nov 1997

JP/Several injured in student brawl

Several injured in student brawl PURWOKERTO, Central Java: A dozen students were injured when pupils from two technical high schools started a brawl in Banyumas regency yesterday.Banyumas Police chief Lt. Col.

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Thu, 06 Nov 1997

JP/Leprosy in Maluku

Leprosy in Maluku AMBON, Maluku: At least 1,650 people are still known to be suffering from leprosy in Maluku, health officials said here yesterday."Most of the leper patients being treated since the beginning of the year are in Ambon, north Maluku and southeast Maluku," Dr.

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Thu, 06 Nov 1997

JP/MeesPierson launches mutual funds

MeesPierson launches mutual funds JAKARTA (JP): PT MeesPierson Finas Investa management launched here yesterday two open-end mutual funds -- MeesPierson Finas Investa Lestari and MeesPierson Finas Investa Pesona.

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Thu, 06 Nov 1997

JP/Bondowoso supplies water to villages

Bondowoso supplies water to villages SURABAYA, East Java: Bondowoso regency announced it has already distributed four million cubic meters of water to six villages worst hit by this year's prolonged drought.

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Thu, 06 Nov 1997

JP/Andromeda files suit against govt

Andromeda files suit against govt JAKARTA (JP): Bank Andromeda's directors filed a lawsuit at the State Administrative Court here yesterday against Minister of Finance Mar'ie Muhammad and Governor of Bank Indonesia J. Soedradjad Djiwandono over the closure of their bank.

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Thu, 06 Nov 1997

JP/Kadin calls for quick mergers, acquisition of ill banks

Kadin calls for quick mergers, acquisition of ill banks JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) called on the government yesterday to quickly help the mergers or acquisitions of existing unhealthy banks to prevent the country's banking industry from plunging into an ...

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Thu, 06 Nov 1997

JP/Marlina breaks junior record

Marlina breaks junior record JAKARTA (JP): Indonesia's Marlina broke a junior world record at the 1997 Asian Power lifting Championship in Chang Hua, Chinese Taipei, which was staged from Oct. 30 to Nov. 3.Marlina, who competed in the women's 48 kgs division, lifted a total of 412.

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Thu, 06 Nov 1997

JP/Families 'wait' 8 years for power

Families 'wait' 8 years for power BOGOR (JP): About 1,000 families from two villages in the Leuwiliang and Pamijahan districts are appealing to state-owned electricity company PLN to supply them with power.

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Thu, 06 Nov 1997

JP/Number of reckless drivers drop: Police

Number of reckless drivers drop: Police JAKARTA (JP): The number of reckless public transportation drivers rounded up since the end of September is dramatically lower than in preceding months, a senior officer said yesterday.Arrests made between Sept. 23 and Nov.

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Thu, 06 Nov 1997

JP/Japanese award for Sudharmono

Japanese award for Sudharmono JAKARTA (JP): The Japanese government has announced that it would present the "Grand Cordon of the Order of the Rising Sun Award" to Indonesian former vice president Lt. Gen. (ret) Sudharmono.

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Thu, 06 Nov 1997

JP/Special agency needed to promote batik

Special agency needed to promote batik YOGYAKARTA (JP): Participants at the closing of the 1997 International Batik Conference issued a declaration yesterday asserting the need for an agency on batik promotion and development.

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Thu, 06 Nov 1997

JP/Cutting trade controls

Cutting trade controls The trade and industrial reforms, announced on Monday, predictably did not attract as much attention as the Nov. 1 closure of 16 banks.

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Thu, 06 Nov 1997

JP/Where to watch JakJazz '97

Where to watch JakJazz '97 JAKARTA (JP): The Jakarta International Jazz Festival (JakJazz) '97 will be held at Pasar Festival, Gelanggang Mahasiswa Soemantri Brodjonegoro, Jl. H.R. Rasuna Said, Kuningan, South Jakarta from Nov. 7 to Nov. 9.

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Thu, 06 Nov 1997

JP/Stock Exchage

Stock ExchageStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 5, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 825 -25 ...

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Thu, 06 Nov 1997

JP/JakJazz started out deep in debt

JakJazz started out deep in debtBy Achmad Nurhoeri JAKARTA (JP): JakJazz took the stage for the first time in 1988. Ireng Maulana erected stages around the Ancol Dreamland Recreation Center, North Jakarta, including at the now closed drive-in movie theater.

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Thu, 06 Nov 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: Kesaksian Abadi by Hilmar Pabel, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, daily except Monday, 11:30 a.m. to 7:30 p.m., until Nov. 11.

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Thu, 06 Nov 1997

JP/Ansaldo to boost geothermal operations in Indonesia

Ansaldo to boost geothermal operations in Indonesia JAKARTA (JP): Italy's giant power company Ansaldo Energia SpA has extended its cooperation with state-owned machine manufacturer PT PAL Persero to strengthen its presence in the geothermal power sector in Indonesia, the company said yesterday.

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Thu, 06 Nov 1997

JP/President would have known bank details: Rudini

President would have known bank details: Rudini JAKARTA (JP): The President would have been fully consulted before Saturday's government announcement on the liquidation of 16 ailing private banks, a former close aide to President Soeharto, Rudini, said yesterday.

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Thu, 06 Nov 1997

JP/Audit agency reveals billions of rupiah in losses

Audit agency reveals billions of rupiah in losses JAKARTA (JP): The Supreme Audit Agency revealed yesterday financial losses amounting to billions of rupiah by the government due to poor state finance management over the second semester of the 1996/1997 fiscal year.Chairman of the agency J.B.

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Thu, 06 Nov 1997

JP/Salim invites PT Peni to build cracker plant

Salim invites PT Peni to build cracker plant JAKARTA (JP): A joint venture comprising British Petroleum Chemicals (BP), Salim Chemicals Corporation and four Japanese companies has invited petrochemical company PT Peni to be involved in a cracker project in West Java.

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Thu, 06 Nov 1997

JP/JakJazz packs punch with big names, cheap tickets

JakJazz packs punch with big names, cheap ticketsBy Stevie Emilia JAKARTA (JP): Fears have been voiced that with the eleventh- hour withdrawals of R&B legend Earth, Wind and Fire and noted singer Michael Franks, this year's Jakarta International Jazz Festival (JakJazz) may have lost its major ...

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Thu, 06 Nov 1997

JP/Maan extends his lead in Tering Bay Open

Maan extends his lead in Tering Bay Open BATAM, Riau (JP): Favorite Maan Naasim extended his lead in the US$50,000 Tering Bay Golf Championships to five strokes after carding a 70 yesterday for a two-day score of 137.

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Thu, 06 Nov 1997

JP/Photographer bears witness to WW II

Photographer bears witness to WW IIBy Maria Sandra JAKARTA (JP): A mother clasps the hand of her emaciated, bed- ridden son, recently returned from a Russian prisoner of war camp.Much of the photograph's tender quality is derived from the empathy of the German recorder of the image, Hilmar Pabel.

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Thu, 06 Nov 1997

JP/Developers encouraged to act responsibly

Developers encouraged to act responsibly JAKARTA (JP): Governor Sutiyoso insisted yesterday that city developers act responsibly and build low-cost apartments on the land they appropriate.

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Thu, 06 Nov 1997

JP/How open is environmental information?

How open is environmental information?By Suwiryo Ismail JAKARTA (JP): In Indonesia's legal domain the only legislation recognizing the public's right for information is Law No. 23/1997.This law on environmental management replaces Law No. 4/1982.

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Thu, 06 Nov 1997

JP/Communism easier to handle than capitalism

Communism easier to handle than capitalism Political scientist and Deputy Governor of the National Resilience Institute Juwono Sudarsono said last week that capitalism had turned out to be more dangerous than communism. He shares his ideas with The Jakarta Post in the following discourse.

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Thu, 06 Nov 1997

JP/Bye-bye Bandung

Bye-bye Bandung Before I unplug the MAC from the socket, I have to write one last letter from Bandung. Bandung is the birth place of my daughter.Here, there is 100.55 The Jazz Wave, an FM station that plays great Brazilian music.

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Thu, 06 Nov 1997

JP/Senior shuttlers must be allowed to turn pro: Susi

Senior shuttlers must be allowed to turn pro: Susi JAKARTA (JP): World number two Susi Susanti called yesterday for the Badminton Association of Indonesia to change its policy and let senior shuttlers turn professional.

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Thu, 06 Nov 1997

JP/Panin Bank posts profit

Panin Bank posts profit JAKARTA (JP): Publicly listed Bank Panin announced yesterday that its net profit was Rp 83 billion (US$25.5 million) in the first three quarters this year, or 3.7 percent higher than the total net profit of Rp 80 billion in 1996.

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Thu, 06 Nov 1997

JP/Yayuk's ranking down to 23

Yayuk's ranking down to 23 JAKARTA (JP): Indonesian Yayuk Basuki's ranking has dropped to 21 from 23 in the Women's Tennis Association list, Antara reported yesterday.Yayuk's ranking, based on 1,274 accumulated points, dipped after she lost in the first round of the Kremlin Cup last week.

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Thu, 06 Nov 1997

JP/Hotel Mulia 'must scrap second tower'

Hotel Mulia 'must scrap second tower' JAKARTA (JP): A city councilor urged the management of Hotel Mulia Senayan to scrap its plan to erect a second tower because the hotel already violated the authorized land use.

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Thu, 06 Nov 1997

JP/Doping dilemma

Doping dilemmaFrom Pikiran RakyatThe 19th Southeast Asia Games have just ended, with Indonesia the overall winner.

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Thu, 06 Nov 1997

JP/Airfreight service restriction criticized

Airfreight service restriction criticized JAKARTA (JP): The government's plan to limit international air freighters' services to Batam island in Riau province will make cargo services more costly, an executive said.

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Thu, 06 Nov 1997

JP/Debate marks Assembly session

Debate marks Assembly session JAKARTA (JP): Minority factions United Development Party (PPP) and Indonesian Democratic Party (PDI) sparked debate in the People's Consultative Assembly yesterday by suggesting changes to the institution's internal rules.

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Thu, 06 Nov 1997

JP/Understanding bridge

Understanding bridge The deal given in yesterday's paper is interesting. The distribution of the cards definitely suggested high bidding. North doubled the Two Spades bid because of his strength in other suits and lack of any Spades.

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Thu, 06 Nov 1997

JP/Rupiah rebounds on foreign dollar selling

Rupiah rebounds on foreign dollar selling JAKARTA (JP): The rupiah recovered against the U.S. dollar yesterday on regional positive sentiment and Bank Indonesia's mild intervention as the stock market ended slightly lower in lackluster trading, dealers and brokers said.

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Thu, 06 Nov 1997

JP/The Chinese problem

The Chinese problem A seminar held on Oct. 28, 1997 attempting to find a satisfactory solution to the problem of nationals of Chinese descent, finished in an atmosphere of friendship and understanding.

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Thu, 06 Nov 1997

JP/Two arrested for motorcycle thefts

Two arrested for motorcycle thefts JAKARTA (JP): Two men were arrested separately in East Jakarta on Tuesday for allegedly attempting to steal motorcycles.

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Thu, 06 Nov 1997

JP/Saddam's two-way bet on row with UN may succeed

Saddam's two-way bet on row with UN may succeedBy Gwynne Dyer LONDON (JP): "When we took this decision," said Iraq's ambassador to the Arab League, Nabil Nijem, in Abu Dhabi on Monday, "we were expecting, as in the past, that America would take hostile positions, including the use of military ...

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Thu, 06 Nov 1997

JP/Lower rubber prices affect BSP's profit

Lower rubber prices affect BSP's profit JAKARTA (JP): Publicly listed PT Bakrie Sumatra Plantations (BSP) announced yesterday that its after-tax profit dropped by about 10 percent in the first three quarters of this year to Rp 29.99 billion (US$9.08 million) from Rp 33.

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Thu, 06 Nov 1997

JP/Shame on us

Shame on usFrom MerdekaOn Oct. 29, Merdeka reported businessman Probosutedjo's statement that as a nation, we feel ashamed by Malaysia's offer of US$1 billion in aid for us to come to grips with our monetary crisis, while Malaysia has a similar crisis.

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Thu, 06 Nov 1997

JP/Wayang show for the heroes

Wayang show for the heroes JAKARTA (JP): An East Javanese group, called Pawarta Jatim, will stage a wayang kulit (shadow puppet) show in the parking lot of the National Monument (Monas) park in Central Jakarta on Dec.15.The nightlong show, which is to start at 8.00 p.m.

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Thu, 06 Nov 1997

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81, Central Bandung: - Tempo Doeloe Terrace: Back To Sixties featuring Starlite Band, every Sunday, 7 p.m. to 11 p.m., Asea Band, from Philippines, Monday to Friday, 7 p.m. to 11 p.m.

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Thu, 06 Nov 1997

JP/Government to launch fluoridation program

Government to launch fluoridation program JAKARTA (JP): The government will launch a national campaign to fluoridate drinking water next week to help combat dental problems.

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Thu, 06 Nov 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Adventure of Pinochio 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Variety Show: Pelangi Budaya 5:00 Arabic Lessons 5:30 Education Program: Jendela Dunia 6:00 News: ...

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Thu, 06 Nov 1997

JP/Indosat reports business diversification, high income

Indosat reports business diversification, high income JAKARTA (JP): PT Indosat has acquired 15.2 percent of shares in Alphanet Telecom Inc (ATI) of Canada worth C$15.75 million (US$10.5 million) as part of its expansion into international telecommunications.

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Thu, 06 Nov 1997

JP/Undercover police shuttle stranded minibus passengers

Undercover police shuttle stranded minibus passengers JAKARTA (JP): Forty undercover officers from the Central Jakarta Police precinct stood in for striking M-11 minivan drivers yesterday, picking up stranded passengers along the Tanah Abang-Kebon Jeruk route.

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