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

Wed, 26 Oct 1994

JP/Judge, prosecutor investigated

Judge, prosecutor investigated DILI, East Timor: The district court and the public prosecutor's office are investigating a judge and a prosecutor suspected of taking bribes from two men on trial for corruption charges.

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Wed, 26 Oct 1994

JP/Bali forest fire almost extinguished

Bali forest fire almost extinguished DENPASAR, Bali: Yesterday residents of three villages in Baturiti, Tabanan, were still fighting fires that have swept around 160 hectares of forest over the past couple of days.

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Wed, 26 Oct 1994

JP/Sukmawati rejects debate on Sukarno

Sukmawati rejects debate on Sukarno JAKARTA (JP): Sukmawati Sukarnoputri, a daughter of the late president Sukarno, has rejected journalist Mochtar Lubis' challenge for an open debate on her fathers' involvement in the 1965 coup.

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Wed, 26 Oct 1994

JP/On being polite

On being polite I really sympathize with Ms. Amy Oravec, feeling persecuted by people in Indonesia, because I had the same experience. Or at least I had the same feeling of disgust of the people surrounding me. It was not in Indonesia, but in San Francisco.

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Wed, 26 Oct 1994

JP/Processing of demolition permit revised

Processing of demolition permit revised JAKARTA (JP): The city administration is evaluating permit processing procedures to see why developers are tending to demolish city property to make way for construction projects.

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Wed, 26 Oct 1994

JP/Semen Andalas cuts debts

Semen Andalas cuts debts JAKARTA (JP): PT Semen Andalas cement company in Aceh province announced here yesterday that it has restructured its capital and reduced its long-term debts to US$79 million by admitting new investors.

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Wed, 26 Oct 1994

JP/Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) gained ground yesterday as institutional investors took buy positions on several bluechips.After falling for four consecutive days, the JSX Composite Index strengthened to close two points higher at 514.

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Wed, 26 Oct 1994

JP/Traffic accidents on the rise

Traffic accidents on the rise JAKARTA (JP): At least four traffic accidents were reported every day in the city, with one person dead, during the one-month Operation Zebra, which ends today.

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Wed, 26 Oct 1994

JP/RI's wood industry needs 20,000 skilled workers

RI's wood industry needs 20,000 skilled workers JAKARTA (JP): Indonesia's wood industry needs almost 20,000 technically skilled workers in the coming six years, timber tycoon Mohammad (Bob) Hasan said yesterday.

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Wed, 26 Oct 1994

JP/Govt, NGOs urged to cooperate

Govt, NGOs urged to cooperate JAKARTA (JP): The government must cooperate with Non- Governmental Organizations to succeed in educating the public about human rights, say two leading intellectuals.

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Wed, 26 Oct 1994

JP/Terrorism threatens world

Terrorism threatens world For a while, it appeared terrorism might be a sensation of the 1970s, a last gasp of the most radical of the flower-power groups. Clearly it is not.In the past several years, the weapon of terror has been revived to a new, more deadly and more sophisticated height.

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Wed, 26 Oct 1994

JP/Churches more independent now

Churches more independent now JAYAPUA, Irian Jaya: The Communion of Churches in Indonesia (PGI) has continued to work well with its foreign counterparts although they have reduced their donations significantly, PGI treasurer Frans Tumiwa told journalists yesterday.

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Wed, 26 Oct 1994

JP/Labor still a sensitive issue: Latief

Labor still a sensitive issue: Latief JAKARTA (JP): Minister of Manpower Abdul Latief said yesterday that companies' tendency to ignore the legal rights of workers is making manpower a sensitive issue in Indonesia.

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Wed, 26 Oct 1994

JP/UI promotes new professor

UI promotes new professor H. Loebby Loqman is scheduled to be promoted to the rank of professor at the College of Law of the University of Indonesia today.

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Wed, 26 Oct 1994

JP/Praise the plague

Praise the plague Surat, a town in India, was the epicenter of the recent plague outbreak. Its tremors shook the world. Then is it crazy to praise plague. Let's see.Take the private doctors in Surat.

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Wed, 26 Oct 1994

JP/APEC seeks to remove economic imbalances

APEC seeks to remove economic imbalances JAKARTA (JP): The Asia Pacific Economic Cooperation (APEC) forum with its diverse membership can become a model in working for the eradication of economic gaps prevailing in the world.

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Wed, 26 Oct 1994

JP/AOI sells stake overseas amid controversy

AOI sells stake overseas amid controversy JAKARTA (JP): PT Artika Optima Inti (AOI), the timber division of the Djajanti Group, will sell over 30 percent of its stake to Malaysia Mining Corporation (MMC) despite its controversial plan to float shares on the local stock exchanges.

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Wed, 26 Oct 1994

JP/Spotlight

SpotlightSpotlight A: CathayJP/arhDEMONSTRATION FLIGHT: Gregory Hughes (right), Cathay Pacific's country manager for Indonesia, accompanied by Colins W.

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Wed, 26 Oct 1994

JP/Taxes on cellular phones

Taxes on cellular phones We find it difficult to understand that while inadequate telecommunications is one of the weak links in Indonesia's economic development the government still imposes a luxury tax on mobile phones.

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Wed, 26 Oct 1994

JP/No heroes from East Timor

No heroes from East Timor JAKARTA (JP): The central government is awaiting recommendations from East Timor officials of local figures who deserve the status of national hero.

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Wed, 26 Oct 1994

JP/Dollar falls on Asian, European stock marts

Dollar falls on Asian, European stock marts TOKYO (AFP): The dollar lost steam on the Tokyo foreign exchange market yesterday mainly because of falls overseas.It closed at 96.76 yen, down 0.64 yen from the previous day's finish of 97.40 yen here and lower than 97.

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Wed, 26 Oct 1994

JP/New health plan for the poor to be launched

New health plan for the poor to be launched JAKARTA (JP): The government will launch a new health program for the poor on Nov. 12, National Health Day, when it distributes five million cards that will allow access to free health services.

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Wed, 26 Oct 1994

JP/Indonesia must learn from China, Soeharto says

Indonesia must learn from China, Soeharto says JAKARTA (JP): President Soeharto is asking the national sports circle to learn from China on how the country of 1.2 billion people cultivates its talents to reach world sports supremacy.

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Wed, 26 Oct 1994

JP/Alatas calls for teamwork on Spratlys

Alatas calls for teamwork on Spratlys JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that the workshop on the Spratly islands, due to begin in Bukittinggi, West Sumatra, today, will not be institutionalized.

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Wed, 26 Oct 1994

JP/TV Today

TV TodayTVRI 2:30 p.m. TV Series: Prince Valliant 3:05 Gita Wicara 3:30 Science Program 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music ...

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Wed, 26 Oct 1994

JP/Soeharto receives credentials

Soeharto receives credentials JAKARTA (JP): President Soeharto received letters of credentials from the new Indian and Norwegian ambassadors at a ceremony at the Merdeka Palace yesterday.Before being posted to Jakarta, Sudhir T.

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Wed, 26 Oct 1994

JP/Don't buy anything from street vendors

Don't buy anything from street vendors The chief of the city security and order department urged Jakartans not to buy anything from sidewalks vendors and peddlers who sell their merchandises in the restricted areas.

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Wed, 26 Oct 1994

JP/Health office issues warning

Health office issues warning A Jakarta Health Office official warned Jakartans yesterday of the possibility of epidemics of dengue fever and diarrheal diseases occurring during the coming monsoon season.

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Wed, 26 Oct 1994

JP/N-250 plane is ready to enter turboprop market

N-250 plane is ready to enter turboprop market BANDUNG, West Java (JP): The state-run aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN) is ready to compete in the turboprop commuter plane market with the subsonic N-250 aircraft equipped with fly-by-wire technology.

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Wed, 26 Oct 1994

JP/Bogor villages prone to disasters

Bogor villages prone to disasters JAKARTA (JP): An executive of the natural disaster prevention coordination team (PBA) has disclosed that 55 villages in Bogor, 60 kilometers south of here, are prone to natural calamities.

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Wed, 26 Oct 1994

JP/Modern to float MCBs and warrants on local markets

Modern to float MCBs and warrants on local markets JAKARTA (JP): PT Modernland Realty, a publicly-listed residential and real estate developer, will issue mandatory convertible bonds (MCBs) and detachable warrants to raise fresh funds of Rp 299.2 billion (US$137.

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Wed, 26 Oct 1994

JP/Implementation of Human Rights

Implementation of Human Rights Addressing the Second National Workshop on Human Rights, held on Oct. 24, 1994, President Soeharto said that follow-up actions have been done to the recommendations made during the first Workshop on Human Rights held in January 1991.

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Wed, 26 Oct 1994

JP/Hike in tariff will help rural people: Minister

Hike in tariff will help rural people: Minister JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana yesterday defended the government's decision to hike electricity tariffs beginning next month, saying that it will help accelerate electrification for the majority of the country's population.

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Wed, 26 Oct 1994

JP/Basofi apologizes to PDI for intervention

Basofi apologizes to PDI for intervention JAKARTA (JP): East Java Governor Basofi Sudirman has apologized to leaders of the Indonesian Democratic Party (PDI) for meddling in its internal problem.

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Wed, 26 Oct 1994

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Borobudur Inter-Continental, Jl. Lapangan Banteng Selatan, Central Jakarta: - Kintamani Pavilion: Traditional Dances & Songs Friday, Italian Night Wednesday, all from 7 p.m.. - Pendopo Tea Lounge: Monika Rosca, pianist from Poland, daily 4 p.m. to 7:45 p.m.

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Wed, 26 Oct 1994

JP/Information prime need for businessmen: Try

Information prime need for businessmen: Try JAKARTA (JP): Vice President Try Sutrisno yesterday opened a six-day export product exhibition, saying that information is a prime need for Indonesian businessmen to increase their exports.

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Wed, 26 Oct 1994

JP/University sacks govt critic Arief Budiman

University sacks govt critic Arief Budiman SALATIGA, Central Java (JP): Arief Budiman, lecturer at the Christian University of Satya Wacana and an outspoken government critic, has been sacked from the school after a prolonged conflict with the rector.

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Wed, 26 Oct 1994

JP/Lawmen probe smuggled goods

Lawmen probe smuggled goods CIREBON, West Java: The local prosecutors' office is investigating smuggled goods worth Rp 3 billion (US$1.4 million) at the local seaport.

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Wed, 26 Oct 1994

JP/Thief arrested in Blok M

Thief arrested in Blok M Cries of help from the victim of a mugging in Blok M Shopping Complex, South Jakarta, prompted action by a security guard stationed nearby.A group of unknown people mugged Sukarso, a resident of Jembatan II, Jelambar, West Jakarta.

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Wed, 26 Oct 1994

JP/APEC's business network welcomes PBF report

APEC's business network welcomes PBF report JAKARTA (JP): The Asia Pacific Business Network (APB-Net) yesterday hailed a recent report calling for members of the Asia Pacific Economic Cooperation (APEC) forum to aim for trade and investment liberalization by the year 2010.

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