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

Wed, 01 Jun 1994

JP/Crime and education system

Crime and education systemFrom TempoCrimes including white collar crimes are on the rise.Why is this? Competition in amassing wealth is probably one of the main causes.

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Wed, 01 Jun 1994

Information on computers I'd like to commend The Jakarta Post for publishing a very interesting and rather advanced computer article, Fast lane computing with new CPUs and OSes, by James O. Scharf (May 23, 1994). However, there are various errors within the article I'd like to point out.

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Wed, 01 Jun 1994

JP/Authorities' move to seize Tebet site turns into conflict

Authorities' move to seize Tebet site turns into conflict JAKARTA (JP): Dozens of people were injured and several cars damaged yesterday in an ugly stone throwing incident when an attempt by security forces to occupy the site of the Tebet fire was resisted by the area's former homeowners.

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Wed, 01 Jun 1994

JP/Indonesia needs US$26 billion for its power projects

Indonesia needs US$26 billion for its power projects JAKARTA (JP): Indonesia will increase its power generation capacity by 13,000 megawatts (MW) during the newly begun Sixth Five Year Development Plan (Repelita VI) to meet rapidly increasing demand for electricity, a minister says.

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Wed, 01 Jun 1994

JP/Candlelight procession in sympathy for AIDS victims

Candlelight procession in sympathy for AIDS victimsBy Lewa Pardomuan JAKARTA (JP): You lay on your bed, no more smile on your face, your hair falls. You don't have strength anymore.

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Wed, 01 Jun 1994

JP/Indonesian students set to retain title in S'pore

Indonesian students set to retain title in S'pore JAKARTA (JP): Indonesia is out to retain the overall title at the ASEAN Students Games and will send 160 athletes to take part in all the 10 events of the competition scheduled for June 19-25 in Singapore.

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Wed, 01 Jun 1994

JP/Italian cultural center

Italian cultural centerFrom Bisnis IndonesiaI am a university student and want to study Italian language. I was surprised to learn that the Italian Cultural Center on Jl.

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Wed, 01 Jun 1994

JP/AC Milan keeping its fans waiting

AC Milan keeping its fans waiting JAKARTA (JP): AC Milan decided to extend its stay in Singapore for 24 hours and delay its visit here for two international exhibition matches."They need more time to recover after their Latin American tour," promoter Eddy Sofyan said yesterday.

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Wed, 01 Jun 1994

JP/UI will get new professor

UI will get new professor Benny Hoedoro Hoed, 57, of the faculty of literature at the University of Indonesia (UI) will be inducted as professor on Saturday.

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Wed, 01 Jun 1994

JP/Alatas is getting better but remains hospitalized

Alatas is getting better but remains hospitalized JAKARTA (JP): Minister of Foreign Affairs Ali Alatas, who suffered a minor heart attack last week, is said to be recovering but will remain hospitalized for some time.

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Wed, 01 Jun 1994

JP/NAM to boost its role globally

NAM to boost its role globallyBy Oei Eng Goan CAIRO (JP): Foreign ministers of Non-Aligned Movement (NAM) member countries began their meeting here yesterday by accepting South Africa as a new member and calling to further enhance NAM's global role to dynamically represent the interests of ...

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Wed, 01 Jun 1994

JP/Crackdown on people 'jockeying' test for dishonest students

Crackdown on people 'jockeying' test for dishonest students JAKARTA (JP): The organizing committee of the state university entrance test (UMPTN) will apply a special method to minimize the role of jockeys, people who are paid to take the tests in the names of aspiring students.

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Wed, 01 Jun 1994

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * 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. to 00:30 a.m.

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Wed, 01 Jun 1994

JP/World rated drivers to compete in Medan

World rated drivers to compete in Medan JAKARTA (JP): World rated rally drivers including Kenneth Ericson of Sweden, Japan's Kenjiro Shinozuka and the Scot Dom Burkley have confirmed their entries in the Medan rally in North Sumatra from June 17 - 19.Thirty-three drivers so far have registered.

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Wed, 01 Jun 1994

JP/Babies dying in Irian hamlets

Babies dying in Irian hamlets MERAUKE, Irian Jaya: Yatambor, an isolated village in southern Irian Jaya, has an infant mortality rate of 650 for every 1,000 births, well above the province's average of 70.

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Wed, 01 Jun 1994

JP/Students nabbed for stealing bird

Students nabbed for stealing bird Police in Ciracas, East Jakarta, have arrested two youths, a high school student and his unemployed friend, who had allegedly stolen a bird from the bird enclosure at the Indonesian Miniature Park (TMII).

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Wed, 01 Jun 1994

JP/Officials 'put pressures' on Bapindo

Officials 'put pressures' on Bapindo JAKARTA (JP): Three former Bapindo directors disclosed in court yesterday that pressures from two cabinet ministers led them to approve huge loans to businessman Eddy Tansil, bypassing standard banking practices.

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Wed, 01 Jun 1994

JP/Labor traffic a two-way street

Labor traffic a two-way street SAMARINDA, East Kalimantan: The border city of Nunukan has been preoccupied with not only stopping Indonesians from illegally crossing into Malaysia, but also keeping Malaysians from entering Indonesia illegally in search of employment.

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Wed, 01 Jun 1994

JP/Bapepam to get greater power for investigation

Bapepam to get greater power for investigation JAKARTA (JP): The government will propose a bill on the capital market to the House of Representatives (DPR) in early October which will grant greater investigative and supervisory power to the Capital Market Supervisory Board (Bapepam).

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Wed, 01 Jun 1994

JP/Lawyer of murder suspect says indictment sloppy

Lawyer of murder suspect says indictment sloppy JAKARTA (JP): The defense lawyer for a man charged with the beheading of Dr. Riyama Yamoga said Monday the indictment is so sloppy the case should be thrown out of court.

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Wed, 01 Jun 1994

JP/NAM foreign ministers begin meeting amid tight security

NAM foreign ministers begin meeting amid tight security CAIRO (JP): The 11th Foreign Ministers Conference of the Non- Aligned Movement member countries was opened yesterday amid very tight security, creating a chaotic situation for many member delegates and journalists attending the opening ...

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Wed, 01 Jun 1994

JP/TV today

TV todayTVRI 2:30 p.m. Puppet Show: Prince Valiant 3:05 Gita Wicara: Sahabat Baru 3:30 Science World 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara the Beloved Country: Aceh 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening ...

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Wed, 01 Jun 1994

JP/Timor conference debacle

Timor conference debacle For the last several weeks, after Philippines President Fidel Ramos, obviously under "pressure" from Jakarta, decided to stop a controversial conference on East Timor in Manila, no day has passed without world media reports on the conference.

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Wed, 01 Jun 1994

JP/Ambassador to drum up U.S. investment in RI

Ambassador to drum up U.S. investment in RI JAKARTA (JP): United States Ambassador to Indonesia Robert L. Barry said here yesterday that he will invite small and medium sized companies in the U.S. to set up investment projects in Indonesia because of its favorable investment climate.

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Wed, 01 Jun 1994

JP/RI to operate regional mobile satellite

RI to operate regional mobile satellite JAKARTA (JP): Indonesia will offer regional mobile satellite telecommunication services in cooperation with other countries within the Asia-Pacific region, an executive said.

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Wed, 01 Jun 1994

JP/Punishment for vandals

Punishment for vandals If you ask 1,000 people around Jakarta whether vandals should be punished you would get 1,000 replies of "Yes!" If you then ask how they should be punished, you will get many different answers.

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Wed, 01 Jun 1994

JP/Golden Key Group workers laid off while boss stands trial

Golden Key Group workers laid off while boss stands trial JAKARTA (JP): Hundreds of workers of petrochemical factories owned by the PT Golden Key Group are hovering between fear and hope as the owner, Eddie Tansil, stands trial for alleged corruption.

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Wed, 01 Jun 1994

JP/South Korea

South KoreaBy Richard Pedler JAKARTA (JP): South Korea's record fourth Asian appearance at the finals owes much to World Cup 2002 rival Japan's generosity in allowing a last-minute Iraqi equalizer, which let the Koreans through on goal difference.

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Wed, 01 Jun 1994

JP/Destructiveness of local spectators is pathological

Destructiveness of local spectators is pathological Unruly behavior of spectators at major sports and music events have haunted organizers. The latest case being the Thomas Cup badminton championship in which the two final matches were called called off.

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Wed, 01 Jun 1994

JP/Stock Exchange

Stock Exchange JAKARTA (JP): Share prices, which fell Monday, went on sinking on the Jakarta Stock Exchange (JSX) yesterday in moderate trading.The Composite Index, which fell slightly to 504.48 on Monday, sagged another 2.69 points to finish at 501.79 points yesterday.

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Wed, 01 Jun 1994

JP/Eleven held for slaying

Eleven held for slaying BANJARMASIN, South Kalimantan: The local police said they have apprehended 11 people believed to be involved in the slaying of a village figure and his son on Pinang Island off the South Kalimantan coast.

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Wed, 01 Jun 1994

JP/Tin firm's industrial estate

Tin firm's industrial estate JAKARTA (JP): The state-owned tin mining company PT Tambang Timah, in cooperation with PT Bakrie Investindo, will establish an industrial estate in Belinyu on Bangka Island, South Sumatra, next year with an investment of US$10 million.

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Wed, 01 Jun 1994

JP/First private int'l telecom company to start up soon

First private int'l telecom company to start up soon JAKARTA (JP): Telephone subscribers will soon have a choice when choosing international telecommunication services because state-owned PT Indosat will soon get a new competitor.

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Wed, 01 Jun 1994

JP/No objections to more intellectual groups, ABRI says

No objections to more intellectual groups, ABRI says JAKARTA (JP): The Armed Forces (ABRI) said yesterday it has no objection to the creation of new intellectual organizations as long as they fall in line with national objectives.

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Wed, 01 Jun 1994

JP/Manila goes ahead with Timor conference

Manila goes ahead with Timor conference JAKARTA (JP): The conference on East Timor being held in Manila, the subject of heated dispute both here and in the Philippine capital, went ahead as planned yesterday after the Supreme Court overruled a lower court order for a temporary postponement.

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Wed, 01 Jun 1994

JP/Top investment priorities focus on garment and wood

Top investment priorities focus on garment and wood JAKARTA (JP): The implementation of the new General Agreement on tariffs and Trade (GATT) will help increase the competitiveness of Indonesia's wood and textile products, leather goods, electronics, and machinery on the world market, a ...

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Wed, 01 Jun 1994

JP/RI set to sever trade-labor link

RI set to sever trade-labor link JAKARTA (JP): Indonesia plans to fight all out at the upcoming annual conference of the International Labor Organization (ILO) to stymie attempts by industrialized countries to link trade with labor conditions.

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Wed, 01 Jun 1994

JP/Mitsubishi, Bakrie sign deal

Mitsubishi, Bakrie sign deal JAKARTA (JP): Mitsubishi Motors Corporation (MMC) of Japan yesterday agreed to provide technical assistance to PT Bakrie Tosanjaya, a foundry company affiliated with the widely- diversified Bakrie Group.

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Wed, 01 Jun 1994

JP/Indonesia facing difficult challenges

Indonesia facing difficult challengesBy Juwono Sudarsono The following is an excerpt of a paper presented at the Asia- Pacific Forum meeting on May 20. JAKARTA: Indonesia's second long-term development (1994-2019) promises to be far more challenging than the first (1969-1994) 25-year stage.

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Wed, 01 Jun 1994

JP/Prices of power plants in Indonesia much higher: Team

Prices of power plants in Indonesia much higher: Team JAKARTA (JP): A special fact-finding team of the Ministry of Mines and Energy concluded after a one-week comparative study of power plants in Malaysia and Thailand that the prices offered by the foreign contractors for three steam and gas ...

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Wed, 01 Jun 1994

JP/Female circumcision retained here for cultural identity

Female circumcision retained here for cultural identityBy Ati Nurbaiti JAKARTA (JP): A bank employee just gave birth earlier this month to her third child, a girl, at the elite Pondok Indah Hospital in South Jakarta.

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Wed, 01 Jun 1994

JP/Armed Forces chief endorses planned ulemas meeting

Armed Forces chief endorses planned ulemas meeting JAKARTA (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung has endorsed a planned meeting of ulemas who are locked in a power struggle within the Moslem-based United Development Party (PPP).The military's support was announced by Lt. Gen.

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Wed, 01 Jun 1994

JP/Bank teller hypnotized

Bank teller hypnotized KEBUMEN, Central Java: Two men who claim to be Turkish citizens have been arrested for duping a bank teller into handing over some Rp 520,000.

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Wed, 01 Jun 1994

JP/Japan aids Solo theater group

Japan aids Solo theater group JAKARTA (JP): The Sriwedari Wayang Orang (wayang dancers) Theater in Surakarta (Solo), Central Java, yesterday received 45 million yen (US$418,600) in cultural grant aid from Japan.

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Wed, 01 Jun 1994

JP/PDFCI pays dividend of Rp 100 per share

PDFCI pays dividend of Rp 100 per share JAKARTA (JP): Bank PDFCI will give its shareholders a dividend of Rp 100 (4.6 US cents) per share out of its 1993 profits.

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Wed, 01 Jun 1994

JP/Mass media asked to join anti-smoking drive

Mass media asked to join anti-smoking drive JAKARTA (JP): Anti-smoking lobbyists in Indonesia are urging the local mass media and organizers of sports competitions, beneficiaries of huge sponsorship and advertising spending by cigarette manufacturers, to join in their endeavor.

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Wed, 01 Jun 1994

JP/Music performance planned at Hilton

Music performance planned at Hilton The Nusantara Chamber Orchestra will hold a one night performance at the Golden Ballroom of Jakarta Hilton International on Monday.The one-night performance will feature famous works from noted world musicians, such as R Schumann, A Borodin and L V Beethoven.

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Wed, 01 Jun 1994

JP/Vietnam needs vision to build peaceful and affluent society

Vietnam needs vision to build peaceful and affluent societyBy Asvi Warman Adam JAKARTA (JP): For Vietnam's leaders, these days are full of worries.

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Wed, 01 Jun 1994

JP/Free condoms for prostitutes

Free condoms for prostitutes SAMARINDA, East Kalimantan: The city's health office has distributed more than 15,000 condoms to workers in a local red light district in its drive to prevent the spread of the human immunodeficiency virus (HIV).

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