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

Tue, 08 Apr 1997

JP/Gus Dur denies deflating minority PPP

Gus Dur denies deflating minority PPP JAKARTA (JP): Moslem scholar Abdurrahman Wahid denied he was seeking to deflate the minority United Development Party (PPP) through his alliance with the dominant Golkar.

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Tue, 08 Apr 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 7, 1997: ------------------------------------------------------ Shares Close Change Trading Volume ...

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Tue, 08 Apr 1997

JP/Indonesian intellectual property society officiated

Indonesian intellectual property society officiated JAKARTA (JP): The Jakarta-based Indonesian Intellectual Property Society (IIPS) founded on Nov. 25 was officiated yesterday by Deputy Cabinet Secretary Bambang Kesowo.

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Tue, 08 Apr 1997

JP/Lippo Life pays dividend

Lippo Life pays dividend JAKARTA (JP): Publicly listed insurance company PT Lippo Life will pay Rp 15.5 billion (US$6.51 million) in interim dividends on April 29.The company said the dividends from the company's 1996 Rp 50.

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Tue, 08 Apr 1997

JP/Target market of 'Hard Rock FM'

Target market of 'Hard Rock FM' We write to comment on the article published in The Jakarta Post on Sunday, March 30, 1997 on page 9, entitled At 26 'Prambors Rasisonia' is still the hottest in town by Helly Minanti.Referring to the quotation on the eighth column , paragraph 2 "...

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Tue, 08 Apr 1997

JP/Wedding bells for President Soeharto's son

Wedding bells for President Soeharto's son JAKARTA (JP): President Soeharto's youngest son, a business tycoon long considered Indonesia's most eligible bachelor, will marry his bride of Javanese royalty on April 30.

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Tue, 08 Apr 1997

JP/North Korean cunning

North Korean cunning North Korean cunning in turning adversity to tactical advantage knows no bounds.

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Tue, 08 Apr 1997

JP/More owners move into Taman Rasuna

More owners move into Taman Rasuna JAKARTA (JP): More owners of Taman Rasuna Apartments in Kuningan, South Jakarta, can move into their new homes as four of the 16 towers have been completed said the developer.

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Tue, 08 Apr 1997

JP/Shameful promises

Shameful promises I am enclosing a photocopy of a letter that came to my attention on March 27, 1997. I am a British expatriate who has worked for over ten years in construction of North Sea offshore platforms and so have an in- depth knowledge of the industry.

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Tue, 08 Apr 1997

JP/Telkomsel adds stations

Telkomsel adds stations JAKARTA (JP): Private cellular operator PT Telkomsel will operate five extra radio base stations in the mountainous areas of West Java in a bid to provide better service to travelers between Jakarta and Bandung.

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Tue, 08 Apr 1997

JP/Bureaucracy told to reduce its monopoly

Bureaucracy told to reduce its monopoly JAKARTA (JP): Former Australian Prime Minister Paul Keating said yesterday Indonesia should reduce the monopolistic role of its bureaucracy to become more globally competitive.

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Tue, 08 Apr 1997

JP/Myanmarese exhibition

Myanmarese exhibition JAKARTA (JP): German state-owned trade fair organizer Messe Munchen International will hold an exhibition in the Myanmarese capital of Yangon in cooperation with Myanmar's Industrial Development Committee.

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Tue, 08 Apr 1997

JP/Activists call for release of colleague

Activists call for release of colleague JAKARTA (JP): A group of activists called for the intervention of the National Commission on Human Rights yesterday to secure the release of a colleague who has been held in connection with last December's riot in Tasikmalaya, West Java.

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Tue, 08 Apr 1997

JP/Proposed UN system will also be unfair

Proposed UN system will also be unfairBy Gwynne Dyer LONDON (JP): The expansion of the United Nations Security Council, formally put on the agenda late February by General Assembly president Ismail Rizali, will have two predictable effects.

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Tue, 08 Apr 1997

JP/Political riots rock three C. Java towns

Political riots rock three C. Java towns SEMARANG (JP): Political violence shook the Central Java towns of Pekalongan, Rembang and Temanggung early Sunday, in which nine people were injured, one house vandalized, several shops attacked and 15 vehicles set on fire, officials said yesterday.

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Tue, 08 Apr 1997

JP/New ruling for foreign banks

New ruling for foreign banks JAKARTA (JP): Bank Indonesia, the central bank, has made it compulsory for joint venture and foreign banks to lend to small businesses.

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Tue, 08 Apr 1997

JP/JSX composite index falls

JSX composite index falls JAKARTA (JP): The Jakarta stock market continued to fall yesterday with the JSX Composite Index tumbling to a three-month low of 633.28 in morning trade.But the key indicator regained ground in afternoon trade to close at 636.64, down fractionally from 637.42 on Friday.

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Tue, 08 Apr 1997

JP/Trial of toll road case to start

Trial of toll road case to start BOGOR (JP): The trial of two men charged in connection with the 1996 fatal Jagorawi toll road robbery will start next Monday.

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Tue, 08 Apr 1997

JP/Slain journalist's widow fights depression

Slain journalist's widow fights depressionBy Asip Agus Hasani YOGYAKARTA (JP): Seven months of legal proceedings have shed no light on the bizarre murder of Yogyakarta journalist Fuad Muhammad Syafruddin, better known as Udin, but have mounted suffering on his widow Marsiyem.

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Tue, 08 Apr 1997

JP/Illegal workers sent home

Illegal workers sent home KUPANG, East Nusa Tenggara: Six illegal workers deported from Malaysia arrived here last week.

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Tue, 08 Apr 1997

JP/Women workers protest new manpower bill

Women workers protest new manpower bill JAKARTA (JP): Some 40 women workers and their families from the West Java town of Karawang yesterday pressured the government to drop its manpower bill, staging a protest at the House of Representatives.

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Tue, 08 Apr 1997

JP/Comet Hale-Bopp

Comet Hale-Bopp Dan Adams' proposal (April 4, 1997) that a volatile ball of smoldering ice 25 miles across and hurtling through space is a sign of the second coming of Christ is most thought provoking.

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Tue, 08 Apr 1997

JP/Yeltsin should go

Yeltsin should go More than ever before, absurdities are rampant in Russia these days.It is quite understandable that the protesting workers and citizens, led by independent unions, staged a nationwide strike.

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Tue, 08 Apr 1997

JP/TV Program: Tuesday, April 8, 1997

TV Program: Tuesday, April 8, 1997TVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Berenstain Bears 3:00 News: Lintasan Berita 3:10 Teenagers' Program: Remaja Indonesia 3:35 Education Program: Kuliah Universitas Terbuka 4:00 Regional News 4:30 ...

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Tue, 08 Apr 1997

JP/Bali's Nyepi festivities likely to be toned down

Bali's Nyepi festivities likely to be toned downBy Putu Wirata DENPASAR, Bali (JP): The series of Nyepi festivities to be held today in Bali seem to be a subdued version of those of former years.

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Tue, 08 Apr 1997

JP/House internal rules need changing: Legislators

House internal rules need changing: Legislators JAKARTA (JP): Legislators of the United Development Party (PPP) faction submitted to the House of Representatives yesterday a proposal to amend its internal rules.

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Tue, 08 Apr 1997

JP/No Paper

No PaperIn observance of the Hindu Day of Silence, The Jakarta Post will not be published tomorrow. The Post will appear again Thursday.

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Tue, 08 Apr 1997

JP/Printer gets 30 months for defaming President Soeharto

Printer gets 30 months for defaming President Soeharto JAKARTA (JP): A printer was sentenced to two years and six months in jail here yesterday for defaming President Soeharto by having printed an unlicensed magazine that contained articles tarnishing the President's image.

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Tue, 08 Apr 1997

JP/PPP rally claims one life

PPP rally claims one life SURAKARTA: One bystander was killed during a United Development Party (PPP) street rally that involved hundreds of supporters in Klaten district Sunday, a report said yesterday.

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Tue, 08 Apr 1997

JP/Krueng upbeat govt will not sign Bre-X contract

Krueng upbeat govt will not sign Bre-X contract JAKARTA (JP): PT Krueng Gasui, a local partner of Canada's Bre-X Minerals Ltd in exploring the Busang gold mine in East Kalimantan, was certain yesterday the government would not sign a contract of work for the project before issues relating to ...

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Tue, 08 Apr 1997

JP/Okinawa: A test case for democracy?

Okinawa: A test case for democracy?By Ignas Kleden TOKYO (JP): Democracy seems to become increasingly complicated, as do the problems which face it.

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Tue, 08 Apr 1997

JP/Subway project

Subway project I was disappointed to read of B.J. Habibie's statement that the subway project will not start this year. I have also been very hopeful that the project will start immediately, as I believe that the only right M.R.T.

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Tue, 08 Apr 1997

JP/Police officer guilty of destroying evidence

Police officer guilty of destroying evidence YOGYAKARTA (JP): The Bantul district court has found Sgt. Maj. Edy Wuryanto, an officer at the Bantul police precinct, guilty of destroying evidence in the murder case of journalist Fuad Muhammad Syafruddin.Presiding judge Mikaela W.

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Tue, 08 Apr 1997

JP/Sudjana replaces director general handling Busang

Sudjana replaces director general handling Busang JAKARTA (JP): The director general of general mining, Kuntoro Mangkusubroto, was sacked yesterday but the minister of mines and energy, I.B. Sudjana, said the dismissal was not linked to his handling of the controversial Busang gold field.

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Tue, 08 Apr 1997

JP/SEAG tem hopes to get Yayuk back

SEAG tem hopes to get Yayuk back JAKARTA (JP): The 19th SEA Games team training director, Djoko Pramono, said yesterday that he hoped Yayuk Basuki would join the team despite her letter of refusal.

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Tue, 08 Apr 1997

JP/Discussion on Islamic culture

Discussion on Islamic culture JAKARTA (JP): The Istiqlal Foundation will present both speeches and a panel discussion on museums and Islamic culture at the Ministry of Tourism, Post and Telecommunications on Saturday, April 12.

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Tue, 08 Apr 1997

JP/Voting booths must be placed outside office complexes

Voting booths must be placed outside office complexes JAKARTA (JP): The city's General Elections Committee has banned government offices from constructing polling booths inside office building compounds.

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Tue, 08 Apr 1997

JP/Perumka prepares more double tracks

Perumka prepares more double tracks JAKARTA (JP): State railway company Perumka will build a 135- kilometer double-track railway line between Cikampek and Cirebon in West Java.Perumka said the project was scheduled to be finished by 2001.

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Tue, 08 Apr 1997

JP/Alcohol, cigarette ads under attack

Alcohol, cigarette ads under attack PEKANBARU, Riau: Psychiatrist Dadang Hawary proposed Sunday that the government ban alcohol and cigarette advertisements to curb addiction problems among Indonesian youths.

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Tue, 08 Apr 1997

JP/Way Kambas breeding program for Sumatran rhinos launched

Way Kambas breeding program for Sumatran rhinos launchedText and photo by Mulkan Salmona WAY KAMBAS, Lampung (JP): There are many endangered species in Indonesia badly in need of protection. One of them is the Sumatran rhinoceros (Dicerorhinus sumatrensis).

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Tue, 08 Apr 1997

JP/Fireman killed in Harco to be promoted: Idroes

Fireman killed in Harco to be promoted: Idroes JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes said the municipality would promote posthumously Danu Sisworo, a fireman who died in the Harco Mangga Dua fire last Friday.

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Tue, 08 Apr 1997

JP/Ray Parker Jr. to perform at Jamz

Ray Parker Jr. to perform at Jamz JAKARTA (JP): American singer Ray Parker Jr. will perform at Jamz Club on Jl. Panglima Polim Raya, Kebayoran Baru, South Jakarta, from April 9 to April 12.In his Jakarta performances, Parker will promote his latest album I Love You Like You Are, produced by MCA.

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Tue, 08 Apr 1997

JP/PT Timor to make 4-wheel drives without tax break

PT Timor to make 4-wheel drives without tax break JAKARTA (JP): PT Timor Putra Nasional, a company licensed by the government to make "national" sedans with tax and duty breaks, will launch a four-wheel drive vehicle by next January without any fiscal facilities, an executive said yesterday.

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Tue, 08 Apr 1997

JP/Habibie proposes another megaproject

Habibie proposes another megaproject JAKARTA (JP): State Minister of Research and Technology B.J. Habibie, often called Indonesia's technology tsar, plans a megaproject that would make Irian Jaya an industrial estate.

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Tue, 08 Apr 1997

JP/RI-Yemen match moves from Manado to Jakarta

RI-Yemen match moves from Manado to Jakarta JAKARTA (JP): The All Indonesia Football Federation (PSSI) will hold the World Cup Asian zone group five qualifier between Indonesia and Yemen at the Senayan stadium here on April 13.

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Tue, 08 Apr 1997

JP/Where to go in Jakarta: Tuesday, April 8, 1997

Where to go in Jakarta: Tuesday, April 8, 1997Music * Parkroyal Ancol, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m.

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Tue, 08 Apr 1997

JP/Aliens to be deported for forged passports

Aliens to be deported for forged passports JAKARTA (JP): The Directorate General of Immigration is to deport a South Korean and a Nigerian for using fake passports to enter the country, an official said.

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Tue, 08 Apr 1997

JP/Man stabs his own wife

Man stabs his own wife JAKARTA (JP): A woman was stabbed by her estranged husband at their house in Bekasi, some 30 kilometers east of the capital Sunday.Kuni binti Kucing, 40, was sleeping when her husband, Akhir, broke into the house and attacked her.

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Tue, 08 Apr 1997

JP/Albright on Saddam

Albright on Saddam U.S. Secretary of State Madeleine Albright's remarks late last week that Washington would consider opening a dialog with Baghdad only after Iraqi President Saddam Hussein is replaced naturally drew criticism from many quarters.

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Tue, 08 Apr 1997

JP/Buru turned into rice fields

Buru turned into rice fields AMBON, Maluku: The provincial government plans to open 800 hectares of ricefields on Buru, a small island once used to imprison suspected communists.

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Tue, 08 Apr 1997

JP/Tyrants avoid the truth in famine-hit North Korea

Tyrants avoid the truth in famine-hit North KoreaBy Harvey Stockwin HONG KONG (JP): A photo of a child with matchstick legs, a distended belly and hair turned orange should accompany this article.

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Tue, 08 Apr 1997

JP/IKAPI to hold book fair 1997

IKAPI to hold book fair 1997 JAKARTA (JP): The Association of Indonesian Publishers (IKAPI) will hold a book fair from June 14 to June 22.Antara reported yesterday that the association would use the event to commemorate Jakarta's anniversary, which falls on June 22.

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Tue, 08 Apr 1997

JP/Government urged to ban fictitious importers

Government urged to ban fictitious importers JAKARTA (JP): The director general of customs and excise, Soehardjo, urged the Ministry of Industry and Trade yesterday to revoke 102 importers' licenses who had submitted false addresses to the customs office.

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