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

Fri, 08 Apr 1994

JP/Hamas tells Palestinians to prepare for war

Hamas tells Palestinians to prepare for war JERUSALEM (Reuter): The militant Islamic organization Hamas vowed yesterday to step up attacks against Israel and told Palestinians in the occupied territories to prepare for war.

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Fri, 08 Apr 1994

JP/Investigation into genereal's murder ends

Investigation into genereal's murder ends JAKARTA (JP): Police announced yesterday that the investigation of the killing of Brig. Gen. TMF Tampubolon on Monday evening has been completed.

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Fri, 08 Apr 1994

JP/Lesson from

Lesson from Bapindo caseFrom TempoIn my childhood days my grand-father used to be mad if I happened to leave our water bucket in a hallway and not in its proper place.He was angry because he occasionally tripped over it. But he would do the same if it was me who happened to fall over it.

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Fri, 08 Apr 1994

JP/Focus on Jakarta

Focus on JakartaThug nailed at local pub EP, alias Edy, who has allegedly been involved in a series of robberies in Jakarta and Ambon, was arrested by police at a Central Jakarta nightspot on Wednesday, police said yesterday.

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Fri, 08 Apr 1994

JP/Police still questioning bus crash suspect

Police still questioning bus crash suspect JAKARTA (JP): North Sumatra police are still questioning a man they suspect of having been the driver of a minibus that crashed fatally in Jakarta last monthHornas Silitonga has been in detention at the Dairi police precinct in Dairi regency since his ...

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Fri, 08 Apr 1994

JP/Inco will not exploit SE Sulawesi's nickel

Inco will not exploit SE Sulawesi's nickel JAKARTA (JP): PT International Nickel Corporation Indonesia (Inco), a major Canadian nickel company operating in South Sulawesi, will only exploit nickel deposits in Soroako, one of the company's mines in Sulawesi, as the other mines were declared ...

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Fri, 08 Apr 1994

JP/Firm to produce telephone sets

Firm to produce telephone sets JAKARTA (JP): PT Gajah Tunggal National Electronics (GTNE), an export-oriented manufacturing company, will start producing one million telephones per year this year with a target of using up to 80 percent locally produced parts.

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Fri, 08 Apr 1994

JP/Ventura homers and slams as Chisox beat Jays

Ventura homers and slams as Chisox beat Jays TORONTO (Reuter): Robin Ventura hit two of Chicago's five home runs, including his fifth career grand slam, as the White Sox pounded the Toronto Blue Jays 9-2 on Wednesday.

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Fri, 08 Apr 1994

JP/Road contractors blame shoddy work on official corruption

Road contractors blame shoddy work on official corruption JAKARTA (JP): Private road contractors working for the city administration told The Jakarta Post yesterday they have to construct substandard roads because of three factors: Bribery, bad timing and theft.

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Fri, 08 Apr 1994

JP/New company founded to watch labor exporters

New company founded to watch labor exporters JAKARTA (JP): The government yesterday launched a new company, called PT Bina Jasa Karya (Bijak), which has the tasks to bring to order the business of sending Indonesian workers overseas and to ensure greater protection for them abroad.

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Fri, 08 Apr 1994

JP/Returning Timorese must pledge allegiance to Pancasila

Returning Timorese must pledge allegiance to Pancasila BANDUNG, West Java (JP): Some East Timorese living in Portugal may be allowed to regain their Indonesian citizenship, on the condition that they pledge allegiance to the national ideology Pancasila, East Timor Governor Abilio Jose Osoriao ...

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Fri, 08 Apr 1994

JP/Frankfurt fails again

Frankfurt fails again BONN (UPI): Bayern Munich retained a comfortable four-point lead at the top of German soccer's First Division despite Tuesday's loss in Moenchengladbach, as main rival Eintracht Frankfurt went down 2-1 at home to Duisburg Wednesday.

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Fri, 08 Apr 1994

JP/Flames clinch Pacific Division with win over Anaheim

Flames clinch Pacific Division with win over Anaheim CALGARY (Reuter): Zarley Zalapski's power-play goal early in the second period broke a 2-2 tie and the Calgary Flames clinched the Pacific Division title with a 4-2 triumph over the Mighty Ducks of Anaheim on Wednesday.

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Fri, 08 Apr 1994

JP/IFC wants to underwrite PT Indosat share issues

IFC wants to underwrite PT Indosat share issues JAKARTA (JP): The Indonesian government isn't ready to line up the contestants for the underwriting of PT Indosat's international share issue, but at least one foreign interest is lobbying hard to wrap up first place .

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Fri, 08 Apr 1994

JP/Haj pilgrims gets easy, cheap calls

Haj pilgrims gets easy, cheap calls JAKARTA (JP): If you miss home, call. It's easy and cheap.That's the message from PT Indosat, the government-owned international telephone company, to the nearly 160,000 Indonesians who will begin leaving for the haj pilgrimage in Saudi Arabia next week.

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Fri, 08 Apr 1994

JP/Labor negotiation deadlocked

Labor negotiation deadlocked JAKARTA (JP): The six-month-old dispute between employees and management of the PT Duta Busana Danastri garment company was prolonged when the two sides failed to reach an agreement at yesterday's negotiating session.

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Fri, 08 Apr 1994

JP/Australia initiatives in peacekeeping timely for the region

Australia initiatives in peacekeeping timely for the regionBy A.K.P. Mochtan JAKARTA (JP): A regular contributor to United Nation peacekeeping and multinational forces, Australia is at a new height of activity in the field of peacekeeping.

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Fri, 08 Apr 1994

JP/Transmigration program to put horse in front of cart

Transmigration program to put horse in front of cart JAKARTA (JP): The government's transmigration program will now concentrate on building facilities at resettlement sites in order to lure people to move.

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Fri, 08 Apr 1994

JP/TV today

TV todayTVRI 2:30 p.m Cartoon: I'm Telling 3:05 Science Film 3:30 Langka dan Unik 4:05 Student Quiz 4:30 TV Series: Ibn Taimiyah 5:00 Regional News 5:30 Management 6:05 Nusantara the Beloved Country: Lampung 6:15 Village Program 6:30 Patching 7:00 Evening News 7:30 Dinamika ...

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Fri, 08 Apr 1994

JP/Otter may be next in line for extinction

Otter may be next in line for extinction BOGOR, West Java (JP): Experts warn that otters, the fish eating mammals widely resented by fish breeders, may join the list of extinct animals soon unless steps are taken to protect them.

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Fri, 08 Apr 1994

JP/Safety in the urban jungle

Safety in the urban jungle No matter how modern and luminous a large urban center like Jakarta becomes, there is no guarantee the public can achieve a safe and secure environment.

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Fri, 08 Apr 1994

JP/Big names missing from world's richest run

Big names missing from world's richest run JAKARTA (JP): China's great Ma's Army talents and Morocco Olympic gold medalist Khalid Skah have opted to miss the excitement of this Sunday's 10-kilometer road race, leaving defending champion Addis Abebe the lone star in the world's richest run.

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Fri, 08 Apr 1994

JP/Share prices fall further on JSX

Share prices fall further on JSX JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) continued drifting lower yesterday in line with the downward trend on other Asian markets.The broad-based Composite Index closed 5.98 points lower from 473.96 on Wednesday.

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Fri, 08 Apr 1994

JP/Police identifies sixth suspect in Colosio assassination

Police identifies sixth suspect in Colosio assassination MEXICO CITY (AFP): Police have identified a sixth suspect in last month's assassination of presidential candidate Luis Donaldo Colosio, the attorney general's office said.

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Fri, 08 Apr 1994

JP/Across the Archipelago

Across the ArchipelagoProtest at Bogor court BOGOR, West Java: Around twenty people from the Front for Indonesian Youth Action (FAPI) staged a demonstration yesterday outside the Bogor District Court which is trying activist Dedi Ekadibrata on charges of arson.

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Fri, 08 Apr 1994

JP/Where to go in Jakarta, April 8

Where to go in Jakarta, April 8Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambassador Lounge: Amir (pianist) Monday to Friday 7:30 a.m. to 9:30 a.m., Saturday 8 a.m. to 10 a.m.; Boece (pianist) & Rima Monday to Thursday 7 p.m. to 11:30 p.m., Friday & Saturday 7 p.m.

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Fri, 08 Apr 1994

JP/Israel, PLO to resume talks Friday, Shaath says

Israel, PLO to resume talks Friday, Shaath says CAIRO (AFP): Israel and the PLO are to reconvene talks today to try to meet an April 13 deadline for launching Palestinian autonomy, chief PLO negotiator Nabil Shaath said, rejecting current Israeli proposals.

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Fri, 08 Apr 1994

JP/State firm to set up plants

State firm to set up plants JAKARTA (JP): The state-owned PT Pupuk Kalimantan Timur (Pupuk Kaltim) fertilizer company in Bontang, East Kalimantan is investing US$9.5 million in ammonia bicarbonate and hexamine- producing plants."The new $5.

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Fri, 08 Apr 1994

JP/Companies told to think it through before going international

Companies told to think it through before going international JAKARTA (JP): International financial analysts foresee great interest among investors in New York in buying shares of high- quality companies from Indonesia.

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Fri, 08 Apr 1994

JP/Police post in Galur attack

Police post in Galur attack JAKARTA (JP): Hundreds of local residents in Galur district, Central Jakarta, destroyed a police post and threw its contents into the Kali Sentiong river yesterday afternoon.

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Fri, 08 Apr 1994

JP/Majerle sets 3-pointer season record as Suns beat Spurs

Majerle sets 3-pointer season record as Suns beat Spurs PHOENIX, Arizona (Reuter): Dan Majerle scored 21 points while setting an NBA season record for 3-pointers and Kevin Johnson handed out a team record 25 assists as the Phoenix Suns cruised past the San Antonio Spurs 107-95 on Wednesday.

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Fri, 08 Apr 1994

JP/Your Letters

Your LettersSingapore Saga continues I just returned from Singapore where the sentencing of the young American lawbreaker Michael Fay has become one of the biggest stories of the year.

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Fri, 08 Apr 1994

JP/Textile exports expected to keep declining

Textile exports expected to keep declining JAKARTA (JP): Indonesia's textile exports, which started falling in the forth quarter of last year, will likely continue declining in the coming months due to decreased competitiveness of its products and weaker demand in industrial countries.

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Fri, 08 Apr 1994

JP/Former central banking chief cleared in banking scandal

Former central banking chief cleared in banking scandal JAKARTA (JP): Adrianus Mooy, the former governor of the central bank, has been virtually cleared of involvement in the Rp 1.3 trillion ($620 million) scandal at Bank Pembangunan Indonesia (Bapindo), at least by President Soeharto.

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Fri, 08 Apr 1994

JP/Texan band sings of cowboy tradition

Texan band sings of cowboy traditionBy Paul W. Blair JAKARTA (JP): "When I was going to high school in Sanford in the Texas Panhandle oil country," says Red Steagall, "one radio station you could hear in our town -- KDDD, broadcasting from Dumas -- broadcast a one-hour country music show ...

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Fri, 08 Apr 1994

JP/Sampras leads seeds into quarters

Sampras leads seeds into quarters TOKYO (UPI): Pete Sampras administered a well-received tennis lesson to a Tour rookie yesterday to lead the top quartet of seeds into the quarterfinals of the US$1.2 million Japan Open. The runaway World No.

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Fri, 08 Apr 1994

JP/Three die, some 60 hurt during Bangladesh protest

Three die, some 60 hurt during Bangladesh protest DHAKA (Reuter): Three people were shot dead and about 60 injured, many by gunshots, when some 15,000 opposition activists marched to the government secretariat in Dhaka yesterday in defiance of a ban, police and doctors said.

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Fri, 08 Apr 1994

JP/Israel, PLO to resume talks Friday, Shaath says

Israel, PLO to resume talks Friday, Shaath says CAIRO (AFP): Israel and the PLO are to reconvene talks today to try to meet an April 13 deadline for launching Palestinian autonomy, chief PLO negotiator Nabil Shaath said, rejecting current Israeli proposals.

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Fri, 08 Apr 1994

JP/Three die, some 60 hurt during Bangladesh protest

Three die, some 60 hurt during Bangladesh protest DHAKA (Reuter): Three people were shot dead and about 60 injured, many by gunshots, when some 15,000 opposition activists marched to the government secretariat in Dhaka yesterday in defiance of a ban, police and doctors said.

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Fri, 08 Apr 1994

JP/United and Chelsea wary of F.A. Cup underdogs

United and Chelsea wary of F.A. Cup underdogs LONDON (Agencies): The form book points to a glamour English F.A. Cup final between Manchester United and Chelsea, but underdogs Oldham and Luton are growling out a warning ahead of this weekend's semifinals that this is their year.

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Fri, 08 Apr 1994

JP/Tax office

Tax office building wanted The general public remains confused over where they should pay their vehicle tax, as the promised new tax office has yet to be built.The administration has repeatedly promised a new office would improve service to tax payers.

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Fri, 08 Apr 1994

JP/Putting it briefly

Putting it briefly Nigeria, Zambia to African final TUNIS (UPI): Nigeria will meet Zambia in Sunday's African Nations Cup soccer final after contrasting semifinal victories Wednesday.

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Fri, 08 Apr 1994

JP/Low cost apartments planned at industrial estates

Low cost apartments planned at industrial estates JAKARTA (JP): The government announced yesterday that it is requiring industrial states in the Jakarta area to provide land at discounted rates and also providing financing for the construction of 2,000 low-cost apartments.

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Fri, 08 Apr 1994

JP/Indonesian observers to monitor S. African elections

Indonesian observers to monitor S. African elections JAKARTA (JP): Indonesia is currently in the final stages of preparing a team of observers to oversee the first non-racial elections in South Africa.

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Fri, 08 Apr 1994

JP/Kooijmans explores RI's human rights condition

Kooijmans explores RI's human rights condition JAKARTA (JP): Dutch Foreign Minister Kooijmans met with leading activists in Indonesia, including a number of vocal critics of the government yesterday, to explore the human rights condition here.

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Fri, 08 Apr 1994

JP/British loan extension accord signed

British loan extension accord signed JAKARTA (JP): Great Britain signed an agreement here yesterday for the extension of a soft loan of 80 million pounds (US$117.

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Fri, 08 Apr 1994

JP/Common factors lead to East Asia's economic growth

Common factors lead to East Asia's economic growth JAKARTA (JP): A set of common fundamentals has powered East Asia's tremendous economic growth over the past three decades despite the wide range of specific institutions and policies in each country.

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Fri, 08 Apr 1994

JP/Serbs shell Gorazde ahead of Bosnia truce talks

Serbs shell Gorazde ahead of Bosnia truce talks SARAJEVO (Reuter): Warring Serbs and Bosnians prepared to open UN-mediated talks on a Bosnia truce yesterday just hours after the Security Council demanded an immediate halt to Serb attacks against the enclave of Gorazde.

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Fri, 08 Apr 1994

JP/Singapore imposes new tax policy for foreign tourists

Singapore imposes new tax policy for foreign tourists JAKARTA (JP): Indonesian tourism executives are urging Singapore to revise its newly-implemented three-percent general sales tax, which they claim has burdened Indonesian tourists.

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Fri, 08 Apr 1994

JP/France puts its African troops on alert

France puts its African troops on alert PARIS (Reuter): France has put soldiers in former African colonies on alert following the killing of the leaders of Rwanda and Burundi, but has no plans to send troops to the two countries, military sources said yesterday.

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Fri, 08 Apr 1994

JP/RI against inclusion of social clause in world trade agreement

RI against inclusion of social clause in world trade agreement JAKARTA (JP): Indonesia is opposing industrial countries' efforts to link trade with labor conditions in the General Agreement on Tariffs and Trade (GATT) that will be signed in Morocco next week.

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Fri, 08 Apr 1994

JP/JAKARTA (JP): A Rp 50 million (US$23,500) bonus awaits each

JAKARTA (JP): A Rp 50 million (US$23,500) bonus awaits each Ujungpandang player if the South Sulawesi squad manages to retain its title at the intercity amateur soccer championship which swings into full action today.

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Fri, 08 Apr 1994

JP/Metro strike paralyzes Paris

Metro strike paralyzes Paris PARIS (AFP): A transport strike totally paralyzed Paris and the surrounding region yesterday, causing massive traffic jams as people used their own cars to try to get to work.

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Fri, 08 Apr 1994

JP/Dutch company helps PLN reduce electricity losses

Dutch company helps PLN reduce electricity losses JAKARTA (JP): The State Electricity Company (PLN) has assigned a consortium of three Dutch electricity companies to resume assistance in order to reduce electricity losses in Indonesia.

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Fri, 08 Apr 1994

JP/Tear gas fired as police, guards transfer Viet detainees

Tear gas fired as police, guards transfer Viet detainees HONG KONG (AFP): Prison guards fired tear gas at defiant Vietnamese yesterday in an attempt to end weeks of protests at Hong Kong's biggest detention camp for Vietnamese boat people.

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Fri, 08 Apr 1994

JP/Around The World

Around The WorldChemical plant fire kills six SHANGHAI (Reuter): Flames ripped through a chemical plant in central Shanghai, killing six people, injuring seven and temporarily halting production, officials said yesterday.

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