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

Fri, 01 Jul 1994

JP/Media ban not to affect Australian business in RI

Media ban not to affect Australian business in RI JAKARTA (JP): The recent media ban will not dissuade Australian business people from investing in Indonesia, Australian Minister for Trade, Senator Bob McMullan, said here yesterday.

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Fri, 01 Jul 1994

JP/Attorney General's office presents Towil dossier

Attorney General's office presents Towil dossier JAKARTA (JP): The South Jakarta District Court yesterday received the dossier of Towil Heryoto, one of the four former Bapindo directors suspected of involvement in the Rp 1.3 trillion scandal at the government-owned bank.

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Fri, 01 Jul 1994

JP/Awards for jockey busters

Awards for jockey busters SEMARANG: Six Diponegoro University students are being awarded after helping the college bust a syndicate of jockeys, the term used to refer to people paid to take university entrance tests on behalf of applicants.

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Fri, 01 Jul 1994

JP/Latief blasted over policy on workers

Latief blasted over policy on workers JAKARTA (JP): Minister of Manpower Abdul Latief came under fire yesterday during a hearing with the House of Representatives for some of his restrictive policies governing the Indonesian manpower supply trade.

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Fri, 01 Jul 1994

JP/New banking regulation introduced

New banking regulation introduced JAKARTA (JP): Bank Indonesia, the central bank, yesterday enforced a new ruling on the uniform practice for documentary credits imposed on local trading activities as part of the government's effort to accelerate non-oil and gas exports.

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Fri, 01 Jul 1994

JP/PAM breaks agreement on water price hike: Council

PAM breaks agreement on water price hike: Council JAKARTA (JP): City councilors have called on the city-owned PAM Jaya water company to cancel the application of the new rate for water at public hydrants since what was announced by the company regarding a raise in water prices runs counter to the ...

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Fri, 01 Jul 1994

JP/Govt told to delay merger of firms

Govt told to delay merger of firms JAKARTA (JP): A commission of the House of Representatives (DPR) wants the government to postpone a plan to merge three state-owned transportation companies until it takes necessary steps to improve their operations.

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Fri, 01 Jul 1994

JP/Govt pledges to end illegal export levies

Govt pledges to end illegal export levies JAKARTA (JP): Minister of Trade Satrio B. Joedono pledged yesterday to eliminate illegal levies and to simplify procedures which have increased costs for exports.

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Fri, 01 Jul 1994

JP/Teachers bear burden for teaching ideology

Teachers bear burden for teaching ideology JAKARTA (JP): President Soeharto yesterday reminded school teachers of their heavy responsibility in teaching the national ideology of Pancasila to their pupils.

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Fri, 01 Jul 1994

JP/Commuters want more buses

Commuters want more buses Dozens of commuters working for government agencies and private firms in the city are complaining of having difficulties getting buses in the afternoon due to a lack of city buses plying the Tanah Abang-Bekasi route.

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Fri, 01 Jul 1994

JP/CSIS seminar to review Aussie-RI ties

CSIS seminar to review Aussie-RI ties JAKARTA (JP): The Center for Strategic and International Studies (CSIS) will host a seminar here beginning tomorrow to review the state of relations between Indonesia and Australia.

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Fri, 01 Jul 1994

JP/PWI, SPS hail government's press gesture

PWI, SPS hail government's press gesture JAKARTA (JP): The associations of journalists and publishers, PWI and SPS respectively, yesterday hailed the government's offer to issue new publishing licenses to journalists and employees of three magazines that were closed down last week.

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Fri, 01 Jul 1994

JP/Summit offers best bet for Korean peace

Summit offers best bet for Korean peaceBy Andrew Steele SEOUL (Reuter): The historic meeting of North and South Korean presidents next month offers the best chance ever of reconciliation on the divided peninsula, but Pyongyang may only be buying time in the row over its nuclear ambitions, ...

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Fri, 01 Jul 1994

JP/TV Today

TV TodayTVRI 2:30 p.m World Cup 1994: Greece vs Nigeria (rerun) 4:30 Student Quiz 5:00 Regional News 5:30 Dunia Pustaka 6:05 Nusantara the beloved country: Aceh 6:15 Village Program 6:45 Sebaiknya Anda Tahu: processing of fish-based oil 7:00 Evening News 7:30 Dinamika 8:05 Music ...

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Fri, 01 Jul 1994

JP/Stock Exchange

Stock Exchange JAKARTA (JP): Share prices, which have been on downward trend for over one month, continued to decline on the Jakarta Stock Exchange (JSX) yesterday.The broad-based Composite Index closed 0.44 point lower at 457.29 yesterday from 457.73 on Wednesday.

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Fri, 01 Jul 1994

JP/Irianese want to return home

Irianese want to return home JAYAPURA, Irian Jaya: Some 3,000 people from Irian Jaya who are now living in refugee camps across the border in Papua New Guinea have asked to be returned home, the Antara news agency reported yesterday.

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Fri, 01 Jul 1994

JP/Collective leadership for Muhammadiyah

Collective leadership for Muhammadiyah JAKARTA (JP): The Islamic organization Muhammadiyah has opted for collective leadership to fill the vacuum left when its chairman Ahmad Azhar Basyir died on Tuesday, the official Antara news agency reported.Muhammadiyah's secretary Dr.

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Fri, 01 Jul 1994

JP/City Council upsets Melawai traders

City Council upsets Melawai traders JAKARTA (JP): Around 300 small-scale traders of the Melawai marketplace in the Blok M terminal shopping center once again marched to the City Council yesterday to protest the Matahari Department Store's ongoing construction of two escalators for the building.

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Fri, 01 Jul 1994

JP/The Listening Post

The Listening Post * It's Canada Day today, and we celebrate across our vast land. Canadians have been blessed with a beautiful and prosperous country, the world's second largest in area, I believe. (If I am wrong, dear readers, please save those letters.

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Fri, 01 Jul 1994

JP/Moerdiono sings for billions

Moerdiono sings for billions SURABAYA: Minister/State Secretary Moerdiono displayed his singing talent on stage Wednesday night and raised Rp 2.7 billion ($1.3 million) in the process.

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Fri, 01 Jul 1994

JP/Gov't gives $420,000 for athletic support

Gov't gives $420,000 for athletic support JAKARTA (JP): The Indonesian National Sports Committee (KONI) received US$420,000 (Rp 950 million) in funds, yesterday, to finance team Indonesia's training for the upcoming Asian Games in Hirosima, Japan.

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Fri, 01 Jul 1994

JP/New Japanese cabinet

New Japanese cabinet Japan's ex-Prime Minister Tsutomu Hata, supported by an eight- month-old coalition, failed to save his cabinet from falling and now the Social Democratic Party (SDP) and Liberal Democratic Party (LDP) have set up a new coalition to fill the void.

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Fri, 01 Jul 1994

JP/Small-scale credit

Small-scale creditFrom RepublikaI am a small-scale businessman and I know how difficult it is to obtain credit from either government banks or private banks. My application for credit has been repeatedly rejected for unimportant reasons, despite the possibility that my project could be promising.

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Fri, 01 Jul 1994

JP/RI-S'pore roaming deal

RI-S'pore roaming deal JAKARTA (JP): Indonesia and Singapore have signed an agreement on roaming pager service between the two countries which will promote business, tourism and telecommunications, an executive said here yesterday.

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Fri, 01 Jul 1994

JP/`Mastermind' in Marsinah's killing gets 17 years in jail

`Mastermind' in Marsinah's killing gets 17 years in jail JAKARTA (JP): The Surabaya District Court yesterday sentenced a businessman to 17 years in jail after finding him guilty of plotting to kill labor activist Marsinah last year.

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Fri, 01 Jul 1994

JP/Unhealthy smoking

Unhealthy smokingFrom JayakartaIt is now common to see young people of 10 to 20 years old lingering in the streets smoking freely. It is a pity that we, the adults, do not pay attention to them and never bother to intervene.In our days, smoking among high school students was "taboo.

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Fri, 01 Jul 1994

JP/Firm to pay dividends

Firm to pay dividends JAKARTA (JP): PT Bakrie Sumatra Plantations (BSP) announced yesterday it will distribute to shareholders Rp 10.5 billion in dividends or Rp 285 per share from its 1993 net profits.

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Fri, 01 Jul 1994

JP/Foreign investments likely to increase

Foreign investments likely to increase JAKARTA (JP): Foreign investments, which substantially decreased last year, will most likely increase again this year, State Minister of Investment Sanyoto Sastrowardoyo said here yesterday.

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Fri, 01 Jul 1994

JP/DLLAJ can ticket traffic offenders

DLLAJ can ticket traffic offenders City Land Transportation and Traffic Control Agency (DLLAJ) officials who are on duty in the street are allowed to ticket drivers of public vehicles, taxis and delivery vans who commit traffic infractions, a police officer says.

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Fri, 01 Jul 1994

JP/Winword 6

Winword 6 I found Mr. Zatni Arbi's tips in The Jakarta Post of last month on how to print all the pages in a document very useful. The information is indeed hard to find in my textbooks for operating Winword 6, Amipro 3 or WPWIN 6.Since Pagemaker 5 also seems to be well-known to Mr.

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Fri, 01 Jul 1994

JP/Banned media

Banned media I was shocked to learn of the revocation of the publishing licenses of the three magazines, Tempo, Editor and DeTIK, by the government on the grounds that the three media have endangered the national stability.

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Fri, 01 Jul 1994

JP/In defense of Pizza Hut

In defense of Pizza Hut I join the "healthy" debate going on in The Jakarta Post regarding the foreign food outlets in Indonesia.Pizza Hut is a favorite jaunt for many Indians living here, especially for the vegetarian-gourmet lovers.

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Fri, 01 Jul 1994

JP/Magazines

MagazinesCorrection: In the article entitled Harmoko offers a way out..., Goenawan Mohamad's statements Good stability is not built on legal certainty.... should read Good stability is built on legal certainty.... We regret the error.

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Fri, 01 Jul 1994

JP/Magazine ban

Magazine banFrom Sinar PagiI express my support to the recent demonstrations launched by reporters and students following the revocation of publishing licenses of three magazines -- Tempo, Editor and DeTIK.

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Fri, 01 Jul 1994

JP/Panin Bank gets B/C rating from Canadian company

Panin Bank gets B/C rating from Canadian company JAKARTA (JP): Publicly listed Panin Bank has won a short-term credit (intra-country-issuer) rating of B/C from Thomson BankWatch of Canada.

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Fri, 01 Jul 1994

JP/Police get motorcycles

Police get motorcycles Police precincts in the city's five mayoralties have received two motorcycles each and a typewriter from PT Bimantara Citra, a widely diversified business group.

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Fri, 01 Jul 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 12:30 a.m.

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Fri, 01 Jul 1994

JP/Traffic fine

Traffic fineFrom Media IndonesiaOn June 23, 1994 at about eight in the evening, the patrolling policemen in the Pamulang area stopped a car driven by a student with two other passengers. The driver was charged with violating the traffic law because one of his rear lamps was off.

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Fri, 01 Jul 1994

JP/Nude Dewi disks seized

Nude Dewi disks seized SEMARANG: The provincial prosecution office has seized 22 floppy disks containing scantily-clad pictures of Ratnasari Dewi, a widow of the late president Sukarno.The pictures were taken from her book Madame D.

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Fri, 01 Jul 1994

JP/Deadly bus

Deadly busFrom KompasOn June 18, 1994 at about 7 p.m. there was a road accident in which a passenger bus going to Java from Sumatra collided with a motorcycle on a trans-Sumatra road. The exact location was in Gunung Liwat village, Ogan Komering Ulu regency, South Sumatra.

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Fri, 01 Jul 1994

JP/Land woes may scare foreign investors

Land woes may scare foreign investors JAKARTA (JP): Legislators urged the government yesterday to ease land-use restrictions for foreign investors, with the aim of making Indonesia a more attractive place to do business.

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Fri, 01 Jul 1994

JP/Merpati flies to Yogya

Merpati flies to Yogya JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of national flag carrier Garuda Indonesia, today begins serving Yogyakarta twice daily.A spokesman for Merpati, Agus Soedjono, said here yesterday that a DC-9 will depart Jakarta at 7 a.m.

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