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

Tue, 09 Aug 1994

JP/Batik exhibition in Yogya

Batik exhibition in Yogya YOGYAKARTA: Works by Batik painter Ardiyanto are being displayed here in a long-month exhibition to mark his 50th anniversary.Ardiyanto exhibits his paintings at his own gallery starting from 8 a.m. to 4 p.m.

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Tue, 09 Aug 1994

JP/Singapore success: Against all odds

Singapore success: Against all odds Fireworks will sear through the evening sky in Singapore tonight as the city-state marks its 29th independence anniversary with a rousing celebration.

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Tue, 09 Aug 1994

JP/Greedy ad

Greedy adFrom Media IndonesiaI noticed a double-decker bus entirely covered by an ad for a cigarette company. Considering that smoking is hazardous to health, as proven by experts, and banned in public places in many countries, such an ad gives an impression of greediness.

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Tue, 09 Aug 1994

JP/New insurance club launched

New insurance club launched INSURERS GET NEW CLUB: The director for insurance of the Ministry of Finance, Sophar L. Toruan (center), on behalf of director general of financial institutions Bambang Soebianto, officially launched the Indonesian Insurance Club (IIC) yesterday.

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Tue, 09 Aug 1994

JP/RI-China investment and trade ties to be discussed

RI-China investment and trade ties to be discussed JAKARTA (JP): A two-day seminar here later this month will discuss opportunities in trade and investment relations between Indonesia and China, two densely populated countries which normalized diplomatic relations four years ago.

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Tue, 09 Aug 1994

JP/Govt to award 5 working deals on general mining

Govt to award 5 working deals on general mining JAKARTA (JP): The government will award five working contracts for general mining in Irian Jaya, North Sulawesi and South and North Sumatra to foreign joint ventures by the mid of this month, a business leader said.Beni N.

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Tue, 09 Aug 1994

JP/Stock Exchange

Stock Exchange JAKARTA (JP): Prices on the Jakarta Stock eased yesterday after booking a significant gain last week, with many large stocks losing ground in a profit taking.The broad-based Composite Index, which rose five percent last week, closed lower at 472.

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Tue, 09 Aug 1994

JP/Organda urges increase in public transportation fees

Organda urges increase in public transportation fees JAKARTA (JP): The Jakarta Chapter of Public Transport Owners' Organization (Organda DKI) has proposed a 23 to 120 percent increase in the fares of public transit vehicles, including taxis, despite signs that the government will not endorse ...

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Tue, 09 Aug 1994

JP/Batam has adequate supply of telephone lines: Telkom

Batam has adequate supply of telephone lines: Telkom BATAM ISLAND, Riau (JP): Batam, an island developed as an export processing zone and tourist resort in the Riau archipelago, has enough telephone lines to support rapid growth of businesses, a telecommunications executive said.

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Tue, 09 Aug 1994

JP/Red tape bottleneck matter of bureaucratic pathology

Red tape bottleneck matter of bureaucratic pathology Improving productivity and efficiency of the bureaucracy has been the government's obsession for a long time. The work week which will be tried out soon is seen as to achieve that goal.

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Tue, 09 Aug 1994

JP/`Halal' label intensified

`Halal' label intensified BANDUNG, West Java: The provincial branch of the Indonesian Ulemas Council (MUI) has asked several countries to cooperate in the labeling of halal ("good" for consumption in the Islamic religious teaching) on their products.

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Tue, 09 Aug 1994

JP/Titles for sports events

Titles for sports events It is commendable that The Jakarta Post is trying its best to cover sports events as much as possible to cater to the interests of sports lovers in this country. It devotes one or two full pages to this section.

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Tue, 09 Aug 1994

JP/Emil warns of excesses from industrialization

Emil warns of excesses from industrialization JAKARTA (JP): Senior economist Emil Salim says Indonesia should anticipate some of the maladies found in Western society, most notably materialism, individualism, consumerism and secularism as it forges forward its industrialization program.

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Tue, 09 Aug 1994

JP/Rector's lawyer discredits defense

Rector's lawyer discredits defense JAKARTA (JP): Defense lawyer of IISIP Rector Ali Moechtar Hoeta Soehoet, who is facing charges of sexual harassment, asked the South Jakarta District Court to consider the honesty of the witnesses in their verdict.

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Tue, 09 Aug 1994

JP/Business persons urged to help improve slums

Business persons urged to help improve slums JAKARTA (JP): Governor Surjadi Soedirdja urged local businessman to support the city administration's plan to do away with slum areas here within three years.

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Tue, 09 Aug 1994

JP/Soeharto okays construction of huge monument in Bali

Soeharto okays construction of huge monument in Bali JAKARTA (JP): President Soeharto yesterday gave the go ahead for the construction of the Garuda Wisnu Kencana, a monument in Bali which will be taller than the Statue of Liberty in New York, and stressed that no government money will be used.

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Tue, 09 Aug 1994

JP/Eddy Tansil makes last ditch attempt at peace

Eddy Tansil makes last ditch attempt at peace JAKARTA (JP): Businessman Eddy Tansil, with an imminent corruption indictment hanging over him, made a last ditch effort to settle his debts with the government by offering all the assets of his business empire.

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Tue, 09 Aug 1994

JP/Singapore strives to stay ahead in business world

Singapore strives to stay ahead in business world It promises to be a long haul, but Singapore is jostling for a leading position as the so-called Information Superhighway maps the globe and charts new business directions for the 21st century.

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Tue, 09 Aug 1994

JP/TV Today

TV TodayTVRI 2:30 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 TV Series: Sinbad 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Open University 7:00 Evening News 7:30 Talk Show: Wawasan 8:05 TV ...

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Tue, 09 Aug 1994

JP/Unity in diversity

Unity in diversity In a country which prides itself on maintaining the principle of unity in diversity, a true administrator is someone who understands the traditions, cultures and aspirations of areas outside his or her native region.

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Tue, 09 Aug 1994

JP/Man robbed off Rp 65 million

Man robbed off Rp 65 million YOGYAKARTA: Two robbers got away with Rp 65 million (about US$30,000) yesterday.The victim was a Bank Rakyat Indonesia employee who was carrying the cash from another bank, police said.The robbery happened at 8 a.m.

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Tue, 09 Aug 1994

JP/U.S. is not sensitive enough about Asia

U.S. is not sensitive enough about Asia In policy and business, U.S. tardiness to grasp challenges in Asia hurts image, mortgages future.

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Tue, 09 Aug 1994

JP/PPP candidates are embroiled in war of words

PPP candidates are embroiled in war of words JAKARTA (JP): The war of words continued yesterday among the leading candidates for the chairmanship election in the Moslem- based United Development Party (PPP).

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Tue, 09 Aug 1994

JP/3-year-old girl dies in a fire

3-year-old girl dies in a fire A three-year-old girl identified as Yuni Angraini died after suffering critical burns on Sunday evening, when a fire razed a rented house in Mampang Prapatan, South Jakarta.

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Tue, 09 Aug 1994

JP/ASEAN presents new flag of peace

ASEAN presents new flag of peace JAKARTA (JP): The new flag of the Association of Southeast Asian Nations (ASEAN) was hoisted for the first time yesterday at the ASEAN Secretariat in Jakarta during an official ceremony marking the organization's 27th anniversary.

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Tue, 09 Aug 1994

JP/Dollar mixed in Asia and Europe; gold prices decline

Dollar mixed in Asia and Europe; gold prices decline TOKYO (AFP): The dollar closed fractionally lower in the absence of incentives on the Tokyo foreign exchange market yesterday.It closed at 100.44 yen, down 0.01 yen from the previous trading day's finish of 100.45 yen here but higher than 100.

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Tue, 09 Aug 1994

JP/RI to partake in three events in Asiad

RI to partake in three events in Asiad JAKARTA (JP): The national sports governing body (KONI) officially confirmed yesterday that Indonesia will partake in badminton, windsurfing and taekwondo in the Asian Games in Hiroshima next October.

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Tue, 09 Aug 1994

JP/Sprint rally resumes in Serpong

Sprint rally resumes in Serpong JAKARTA (JP): The national sprint rally championships will resume in Serpong, West Java this weekend with leader Gerry Rusanto seeking his second win to assure himself of the overall title.

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Tue, 09 Aug 1994

JP/Beware of thieves in public transports

Beware of thieves in public transportsFrom Berita BuanaOn Saturday, July 16, the Mikrolet minibus which my wife and I were riding picked up four men about ten meters away from the traffic light at the Jl. Otista III and Jl. Otista Raya intersection.

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Tue, 09 Aug 1994

JP/Al-Ansari: Ambassador and composer

Al-Ansari: Ambassador and composerBy Riyadi Kuwait Ambassador Ali Zakaria Al-Ansari is ending his term in Indonesia soon. He agreed to an interview with The Jakarta Post to discuss some of his impressions during his tenure, while revealing a bit of his personality.

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Tue, 09 Aug 1994

JP/Upset, triumph for Hadiyudo at Kosgoro Cup

Upset, triumph for Hadiyudo at Kosgoro Cup JAKARTA (JP): National top paddler Hadiyudo fell and fell hard on his way to the Asian Games table tennis competitions, dropping a match to Chinese rival Qin Zhijian at the Kosgoro Cup final.

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Tue, 09 Aug 1994

JP/The Listening Post

The Listening Post * Career development in a globalized Indonesia: it's something that concerns many of our readers and listeners; this morning's rebroadcast (Radio Sonora FM 100.

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Tue, 09 Aug 1994

JP/Russel-Fogerty rivalry to continue at Sentul

Russel-Fogerty rivalry to continue at Sentul JAKARTA (JP): The simmering rivalry between superbike riders American Scott Russel and Britain Carl Fogarty will take center stage in Sentul on Aug. 21.

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Tue, 09 Aug 1994

JP/Censorship?

Censorship? I would like to take the opportunity and respond to Mr. North's letter of July 28, 1994 in which he honestly asserts that censorship is one of the greatest things on earth. The insulting tone of the letter unfortunately substitutes for what it lacks in substance. In Mr.

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Tue, 09 Aug 1994

JP/S'pore's basic political system unchanged

S'pore's basic political system unchanged Today is Singapore's national day. Political scientist Bilveer Singh reflects on both the achievements and the shortcomings of the tiny island republic which became an autonomous Commonwealth state in 1959.

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Tue, 09 Aug 1994

JP/Prosecutor receives Hartono's dossier

Prosecutor receives Hartono's dossier Police said yesterday that they have handed over the dossier of Hartono Setyawan, a notorious pimp who specialized in brokering high-class call-girls, to the Jakarta High Prosecution office. They will later pass it to the district court for trial.

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Tue, 09 Aug 1994

JP/Lost pearl

Lost pearlFrom KompasMy name is Agus Muhadi and I am now 64 years old. I feel morally obliged to express something that has long occupied my mind. I was watching Vina Panduwinata singing the song Mutiara yang Hilang (The Lost Pearl) on TPI television to welcome the New Year 1994.

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Tue, 09 Aug 1994

JP/Tampubolon killers receive between 12 and 15 years

Tampubolon killers receive between 12 and 15 years JAKARTA (JP): Four men found guilty of murdering Brig. Gen. Toga Manahan Franklin Tampubolon were sentenced to long prison terms by the East Jakarta district court yesterday.

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Tue, 09 Aug 1994

JP/Government bans book published by Al Arqam

Government bans book published by Al Arqam JAKARTA (JP): Attorney General Singgih yesterday announced the ban against another book published by the Malaysia-based Al Arqam movement, saying that its content could incite conflicts among Moslems in Indonesia.

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Tue, 09 Aug 1994

JP/Bapeksta denies it delays import duty refunds

Bapeksta denies it delays import duty refunds JAKARTA (JP): Tjuk Soeroso, chief of the government-run export facility agency or Bapeksta, yesterday denied charges by export- oriented companies that his agency has often delayed import duty refunds.

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Tue, 09 Aug 1994

JP/Redefinition of customs service urged

Redefinition of customs service urged JAKARTA (JP): An independent research group yesterday suggested that the government redefine its contract with the Societe Generale de Surveillance (SGS) in inspecting Indonesia's imports because it runs counter to GATT rules and gives no profits.

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Tue, 09 Aug 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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Tue, 09 Aug 1994

JP/North Jakarta police deny bribery charge

North Jakarta police deny bribery charge JAKARTA (JP): North Jakarta police yesterday denied charges that they had taken bribes from a fence who allegedly bought electronic goods from 13 smugglers last month.Lt. Col.

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Tue, 09 Aug 1994

JP/MRT projects to start next year

MRT projects to start next year JAKARTA (JP): The Ministry of Public Works yesterday announced that the oft-delayed urban Mass Rapid Transit (MRT) project, which will link Blok M in South Jakarta with the Kota area in West Jakarta, will begin next year.

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Tue, 09 Aug 1994

JP/Cooperative faces law suit

Cooperative faces law suit SEMARANG, Central Java: Sixty four families are threatening to sue the management of the provincial branch of the Workers Cooperative for building shoddy houses.

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Tue, 09 Aug 1994

JP/Beware of fraud

Beware of fraudFrom Media IndonesiaThis is a warning particularly to women who have an ambition to be successful in business. Beware of a man named "Mr. Leiden" (apparently not his real name)! He is certainly not a foreigner, but an Indonesian citizen.Here is the story.

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Tue, 09 Aug 1994

JP/BDN launches Eurobond valued at US$165 million

BDN launches Eurobond valued at US$165 million JAKARTA (JP): PT Bank Dagang Negara (BDN), Indonesia's fourth largest state-owned bank, has launched a seven-year floating rate note (FRN) Eurobond of US$165 million with the Hong Kong-based J.P. Morgan Securities Asia Ltd. acting as the lead manager.

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