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

Fri, 28 Oct 1994

JP/Keating prefers dialog path to rights solution

Keating prefers dialog path to rights solution JAKARTA (JP): Australia will not adopt a foreign policy of shunning its neighbors in an effort to advance human rights in the region, but will follow a path of dialog and confidence building.

More ...

Fri, 28 Oct 1994

JP/'Real Thing' kicks off music tour

'Real Thing' kicks off music tour JAKARTA (JP): American pop music group The Real Thing embarked on its two-week musical tour in Jakarta yesterday and will later move on to play other big cities throughout Indonesia.

More ...

Fri, 28 Oct 1994

JP/Prosecutors seek four years for labor activist Pakpahan

Prosecutors seek four years for labor activist Pakpahan MEDAN, North Sumatra (JP): Prosecutors demanded yesterday that labor activist Muchtar Pakpahan be sentenced to four years in prison for inciting a violent labor demonstration which left one businessman dead in April.

More ...

Fri, 28 Oct 1994

JP/Rp 2.2b sought to rebuild school

Rp 2.2b sought to rebuild school YOGYAKARTA: Gadjahmada University is seeking Rp 2.2 billion (approximately US$1 million) from the government to rebuild its three-story building that caught fire earlier this month.

More ...

Fri, 28 Oct 1994

JP/Future regents from ABRI must be brigadier general

Future regents from ABRI must be brigadier general JAKARTA (JP): Military officers who assume the position of regional administration leaders should at least be a brigadier general, Minister of Administrative Reforms T.B. Silalahi said yesterday.

More ...

Fri, 28 Oct 1994

JP/Indonesia vows to hike pulp and paper production

Indonesia vows to hike pulp and paper production JAKARTA (JP): Indonesia plans to hike the annual production capacity of pulp by 200 percent to 3.9 million tons and paper production by 10.2 percent to 4.3 million tons in the coming five years, an official says.

More ...

Fri, 28 Oct 1994

JP/Local equipment suppliers cause power inefficiency

Local equipment suppliers cause power inefficiency JAKARTA (JP): The erratic supply of domestic equipment and engineering services forces the state electricity company, PT PLN, to spend huge amounts to import the goods necessary for its projects.

More ...

Fri, 28 Oct 1994

JP/Indonesia rejects conditions on GSP

Indonesia rejects conditions on GSP JAKARTA (JP): Coordinating Minister for Economy and Finance Saleh Afiff yesterday challenged the United States over the possible termination of its Generalized System of Preferences to Indonesia in their continued efforts to tie trading privileges to labor ...

More ...

Fri, 28 Oct 1994

JP/Outspoken Belo sees progress in E. Timor

Outspoken Belo sees progress in E. Timor DILI, East Timor (JP): Outspoken church leader Bishop Carlos Filipe Ximenes Belo said yesterday he saw great strides in the progress of Indonesia's youngest province since its integration into Indonesia, but criticized the way family planning programs have ...

More ...

Fri, 28 Oct 1994

JP/Romana saves host's face at Challenger

Romana saves host's face at Challenger JAKARTA (JP): Romana Tedjakusuma salvaged Indonesia's pride at the Women's Challenger tennis championships as her solid partnership with South Korean Park Sung-hee upset the Slovakian third seeded pair of Tina Krizan and Patricia Markova in their second ...

More ...

Fri, 28 Oct 1994

JP/Students cancel protest at Benhil fire site

Students cancel protest at Benhil fire site JAKARTA (JP): Twenty University of Indonesia (UI) students canceled their plans to protest at the fire site in Bendungan Hilir, Central Jakarta, after hearing a comprehensive explanation by Central Jakarta's deputy mayor yesterday.

More ...

Fri, 28 Oct 1994

JP/Church communion to elect chairman

Church communion to elect chairman JAYAPURA, Irian Jaya: The on-going grand assembly of the Communion of Indonesian Churches (PGI) has nominated incumbent Rev. Sularso Sopater and Rev.

More ...

Fri, 28 Oct 1994

JP/Sharing birth experience

Sharing birth experience Three weeks ago I gave birth at the Puri Cinere Hospital. I would like to dedicate this letter to the people who were of tremendous help to me during my pregnancy in Jakarta.

More ...

Fri, 28 Oct 1994

JP/Moonlighting marine found dead at warehouse

Moonlighting marine found dead at warehouse JAKARTA (JP): A 29-year-old member of the Marine Corps of the Indonesian Navy was found dead yesterday morning in front of the huge warehouse gates where he spent his spare time to earn extra money.

More ...

Fri, 28 Oct 1994

JP/`Bahasa Indonesia', 66 years after

`Bahasa Indonesia', 66 years afterBy J.S. Badudu BANDUNG (JP): Sixty-six years have passed since the initial making of the Youth Pledge, one of the most historic moments in our nation's experience and one engraved in gold in the annals of our history.

More ...

Fri, 28 Oct 1994

JP/Vijay Singh favored to win Dunhill Masters crown

Vijay Singh favored to win Dunhill Masters crown JAKARTA (JP): Fresh from a US$150,000 Lancome Trophy victory in France, the European tournament of champions, Fiji's Vijay Singh has been deemed the favorite to grab the Alfred Dunhill Masters title, due to tee-off on Wednesday in Nusa Dua, Bali.

More ...

Fri, 28 Oct 1994

JP/Dollar lower in Asia, stable in Europe

Dollar lower in Asia, stable in Europe TOKYO (AFP): The dollar closed slightly lower here yesterday at 96.88 yen, down 0.06 yen from the previous day's finish of 96.94 yen, after moving narrowly in the absence of fresh incentives.After opening the day at 96.

More ...

Fri, 28 Oct 1994

JP/Keating hails Soeharto's drive on free trade

Keating hails Soeharto's drive on free trade JAKARTA (JP): Australian Prime Minister Paul Keating has applauded President Soeharto's initiative on trade liberalization among members of the Asia Pacific Economic Cooperation (APEC) forum.

More ...

Fri, 28 Oct 1994

JP/Territorial workshop fails to reach consensus on CBM

Territorial workshop fails to reach consensus on CBMBy Prapti Widinugraheni BUKITTINGGI, West Sumatra (JP): Tough talks over the territorial claims and disputes in the South China Sea proceeded here yesterday despite the fact that workshop participants failed to reach a consensus on the group's ...

More ...

Fri, 28 Oct 1994

JP/Power rate rises affect ports firm

Power rate rises affect ports firm JAKARTA (JP): PT Pelabuhan Indonesia (Pelindo) II, the state company managing commercial ports in West Java, Jakarta and the southern part of Sumatra, will ask the government to increase its service fees following next month's rise in electricity rates.

More ...

Fri, 28 Oct 1994

JP/C. Java military steps into conflict on Arief's dismissal

C. Java military steps into conflict on Arief's dismissal SALATIGA, Central Java (JP): The military has warned teachers of the Satya Wacana Christian University not to use students to dramatize their opposition against the controversial dismissal of their fellow teacher, Arief Budiman.

More ...

Fri, 28 Oct 1994

JP/Plant sellers protest over expulsion plan

Plant sellers protest over expulsion plan JAKARTA (JP): A total of 40 decorative plant traders along Jl. T.B. Simatupang, South Jakarta, went to the City Council yesterday to protest an expulsion order.

More ...

Fri, 28 Oct 1994

JP/Merrill Lynch sets up business venture here

Merrill Lynch sets up business venture here JAKARTA (JP): Merrill Lynch and Co. Inc. of the United States, one of the world's leading diversified financial service companies, announced yesterday it has set up a joint venture with Indonesian company PT Persada Kian Pasti Lestari (PKPL).

More ...

Fri, 28 Oct 1994

JP/State firms remain fettered

State firms remain fettered A fundamental element seems to remain absent from the restructuring programs for the 185 Indonesian state companies launched in 1989.

More ...

Fri, 28 Oct 1994

JP/The Listening Post

The Listening Post * "Canadian Artists in Indonesia" is the name of a painting, jewelry and sculpture show that runs until October 31 at the Duta Fine Arts Foundation, on Jalan Bangka 1.

More ...

Fri, 28 Oct 1994

JP/Late tax payers to be penalized

Late tax payers to be penalized The West Jakarta mayoralty is currently considering the possibility of penalizing property and land owners who are reluctant to pay taxes, an official said yesterday.

More ...

Fri, 28 Oct 1994

JP/The Korea accord

The Korea accord The so-called breakthrough made at the tortuous talks in Geneva came as a glaring case of giving much and taking little, for which liberal pushovers in the western and free world have already earned fame, from the Munich agreement of 1938 to the Treaty of Paris for peace with ...

More ...

Fri, 28 Oct 1994

JP/Economic democracy

Economic democracy In the context of the first long-term development cycle (1969- 1994), the matter of the implementation of the principles of economic democracy contained in Article 33 of our Constitution has been a frequent subject of discussion among economic observers and legal experts.

More ...

Fri, 28 Oct 1994

JP/Share prices mixed

Share prices mixed HONG KONG (Reuter): Asian stock markets put in a mixed performance yesterday, with share prices firming in Hong Kong and Tokyo and falling sharply for the fourth straight day in Taiwan.Tokyo's Nikkei index ended up 50.01 points, or 0.25 percent, at 19,796.

More ...

Fri, 28 Oct 1994

JP/PLN's new headquarters

PLN's new headquarters JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana yesterday inaugurated the new headquarters of the state electricity company PT PLN, also marking the observance of National Electricity Day.

More ...

Fri, 28 Oct 1994

JP/Poverty funds embezzled

Poverty funds embezzled BANDARLAMPUNG, Lampung: Wonosobo district police have arrested a village chief suspected of embezzling government funds earmarked for the development of impoverished villages.

More ...

Fri, 28 Oct 1994

JP/City to hold culture expo

City to hold culture expo JAKARTA (JP): The city administration will hold a seven-day culture preservation exhibition at the Ancol art center starting today.H.

More ...

Fri, 28 Oct 1994

JP/TV today

TV todayTVRI 2:30 p.m Tourism 3:05 Langka dan Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 Science Film 5:00 Regional News 5:30 Dunia Pustaka 6:05 Parlementaria 6:15 Village Program 6:45 Karya Nyata 7:00 Evening News 7:30 Dinamika 8:05 Nusantara Star ...

More ...

Fri, 28 Oct 1994

JP/Price fraud

Price fraud At 8 p.m. on Friday, Oct. 21, 1994, I entered the Hero Supermarket in Blok M Plaza to make the simple purchase of a loaf of bread. I selected one from a rack which contained a considerable number, all of which were priced at Rp 1500 with a Hero tag.

More ...

Fri, 28 Oct 1994

JP/What are the functions of Indonesia's university rectors

What are the functions of Indonesia's university rectorsBy Mochtar Buchori JAKARTA (JP): What is the main function of university rectors in Indonesia?Two opinions have emerged from this question. The first one holds that university rectors are primarily managers.

More ...

Fri, 28 Oct 1994

JP/Where to go in Bali:

Where to go in Bali:Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Legong Buffet Dinner, Friday; Ramayana Buffet Dinner, Monday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday. Notte Italiana with Capo Dastro Quartet, Thursday.

More ...

Fri, 28 Oct 1994

JP/Evicted vendors get stalls

Evicted vendors get stalls The South Jakarta mayoralty has provided 1,331 stalls in 11 markets for street vendors recently evicted from Pasar Minggu, an official said.

More ...

Fri, 28 Oct 1994

JP/Standardization of share's par value not yet essential: JSX

Standardization of share's par value not yet essential: JSX JAKARTA (JP): The president of the Jakarta Stock Exchange (JSX), Hasan Zein Machmud, ruled out here yesterday the possibility of standardizing the nominal value of ordinary shares listed on the market.

More ...

Fri, 28 Oct 1994

JP/PDI leadership crisis in East Java over, Megawati says

PDI leadership crisis in East Java over, Megawati says JAKARTA (JP): Indonesian Democratic Party (PDI) chief Megawati Soekarnoputri resisted the government's pressure yesterday to retract her choice of Sutjipto to lead the East Java party chapter.

More ...

Fri, 28 Oct 1994

JP/Coitus common among students: Study

Coitus common among students: Study JAKARTA (JP): A study of 558 high-school students reveals that sex among classmates after watching pornographic videos has become common practice among some Jakarta students.

More ...

Fri, 28 Oct 1994

JP/Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued to rise on the Jakarta Stock Exchange (JSX) yesterday in moderate trading.The broad-based Composite Index closed 1.53 points higher at 517.85 yesterday, as compared to 516.32 on Wednesday, while the narrower-based GTDBS-50 Index rose to 123.

More ...

Fri, 28 Oct 1994

JP/Inco reports earnings

Inco reports earnings JAKARTA (JP): PT International Nickel Indonesia (Inco), a nickel mining firm listed on the Jakarta Stock Exchange, reported yesterday a net earning of US$8.6 million for the third quarter, as compared to a net loss of $0.4 million in the same period of last year.

More ...

Fri, 28 Oct 1994

JP/Fifth doubles qualify for World Doubles final

Fifth doubles qualify for World Doubles final JAKARTA (JP): Russian Andrei Olhovsky and his Australian partner David Adams have assured themselves of tickets to the Association of Tennis Professionals (ATP) World Doubles championship final here next month.

More ...

Fri, 28 Oct 1994

JP/Indosat hands over $800m to govt from shares sales

Indosat hands over $800m to govt from shares sales JAKARTA (JP): Minister for Tourism, Post and Telecommunications Joop Ave said yesterday that around US$800 million of the funds raised from the sales of the state-owned Indosat's shares would go into the state coffers.

More ...

Fri, 28 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.

More ...

Fri, 28 Oct 1994

JP/Police seize stolen wood

Police seize stolen wood SAMARINDA, East Kalimantan: Police in Berau have seized stolen logs worth millions of rupiah in a recent operation aimed at curbing wood thefts.Operation leader First Lt. Syamsudin said that the police also seized saws but that the owners managed to escape.

More ...

Fri, 28 Oct 1994

JP/New exclusive club for women

New exclusive club for women A new, exclusive club, called The CLUB, for women will be opened in South Jakarta on Nov. 4.Located on Jl. Walter Monginsidi in the Kebayoran Baru area, The CLUB will provide over-all beauty and physical treatments for local women.

More ...

Fri, 28 Oct 1994

JP/Ancient Thai massage

Ancient Thai massage I discovered a clinic, through an ad in this newspaper, that claims to cure illness through ancient Thai massage.After I talked to the owner in English (he has a Singaporean accent and a Thai sounding name) I felt confident and went to visit his clinic.

More ...

Find news items by date