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

Tue, 06 Jun 1995

JP/Govt reasserts recognition of Megawati's leadership

Govt reasserts recognition of Megawati's leadership JAKARTA (JP): The government reiterated yesterday that it rejects the rival leadership of the Indonesian Democratic Party (PDI) under Yusuf Merukh."The government does not recognize Yusuf Merukh.

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Tue, 06 Jun 1995

JP/Idroes asks for openness on Bira

Idroes asks for openness on Bira JAKARTA (JP): Deputy Governor Idroes urged the Environmental Impact Analysis Commission yesterday to report the result of its study of the environmental conditions on Bira Island to Governor Surjadi Soedirdja as soon as possible.

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Tue, 06 Jun 1995

JP/Satelindo appoints U.S. firm to launch satellite

Satelindo appoints U.S. firm to launch satellite JAKARTA (JP): The government confirmed yesterday that PT Satelindo, a telecommunication firm, has appointed Martin Marietta and General Dynamics of the United States to launch the second of the country's new generation telecommunication satellites, ...

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Tue, 06 Jun 1995

JP/RI growth will remain strong in 1995: Econit

RI growth will remain strong in 1995: Econit JAKARTA (JP): The high inflation rate over the past few months, the appreciation of the yen and the government's slow response to new economic developments may affect Indonesia's economy in the short term, an economic think-tank said yesterday.

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Tue, 06 Jun 1995

JP/Gambling rampant in East Timor

Gambling rampant in East Timor DILI, East Timor: Prominent legislators criticized the government yesterday for taking no action to stop gambling, which they say has gone unchecked in Indonesia's youngest province.Umar Balafid and Manuel C.G.

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Tue, 06 Jun 1995

JP/Dualism in the economy

Dualism in the economy The address made on Saturday by Prof. Dr. Ginanjar Kartasasmita during his initiation as professor at Brawijaya University, Malang, is worth noting.

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Tue, 06 Jun 1995

JP/Govt plans to change import inspection system

Govt plans to change import inspection system JAKARTA (JP): The government will gradually reduce the use of the pre-shipment inspection system for Indonesia's imports to cut costs.

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Tue, 06 Jun 1995

JP/Reckless bus drivers to be disciplined

Reckless bus drivers to be disciplined JAKARTA (JP): The City Land Transport Control Agency will soon launch an operation to discipline reckless drivers of public transit vehicles, an official said yesterday.J.P.

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Tue, 06 Jun 1995

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

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Tue, 06 Jun 1995

JP/Mass firing at UKSW opposed

Mass firing at UKSW opposed SALATIGA, Central Java: The mass dismissal of teaching staff at Satya Wacana Christian University (UKSW) is strongly opposed by the Javanese Christian Church, which is one of the university's founders.

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Tue, 06 Jun 1995

JP/Summer not September

Summer not September Thank you for your article in The Jakarta Post, June 3, announcing the appointment of our general manager.However, we have a correction to make on the opening month of the hotel, which should read Summer 1995 instead of September 1995.Sorry for the inconvenience. MIRNA A.

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Tue, 06 Jun 1995

JP/Parallel, Surabaya exchanges go ahead with merger plan

Parallel, Surabaya exchanges go ahead with merger plan JAKARTA (JP): PT Bursa Parallel Indonesia (BPI) and the Surabaya Stock Exchange (SSE) are going ahead with their merger plan despite their thorny relationship with the Jakarta Stock Exchange (JSX), executives said yesterday.

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Tue, 06 Jun 1995

JP/PDI and PPP still insist on election reforms

PDI and PPP still insist on election reforms JAKARTA (JP): Both minority parties PPP and PDI renewed their demand for changes in the election system as the House of Representatives discussed a bill on the reduction of the number of House seats allocated to the military.

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Tue, 06 Jun 1995

JP/Travel and amusement spending up

Travel and amusement spending up JAKARTA (JP): Large companies operating in Indonesia spend an average of Rp 270 million (US$121,348) per annum on traveling and entertainment, a survey has shown.

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Tue, 06 Jun 1995

JP/Discipline for all levels

Discipline for all levels In this 50th anniversary year of Merdeka (independence), President Soeharto has launched the National Discipline Movement.I saw the advanced forces of this movement in action recently in my suburb of Kebayoran Baru, South Jakarta, and it was not a pretty sight.

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Tue, 06 Jun 1995

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 5, 1995: Shares Close Change Trading Volume ----------------------------------------------------------------- Ades Alfindo ...

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Tue, 06 Jun 1995

JP/Natuna island secure: Kumaat

Natuna island secure: Kumaat PEKANBARU, Riau: Regional military chief Maj. Gen. Arie J. Kumaat assured investors yesterday that there were no security problems on the disputed Natuna Island."I guarantee that we can control security on Natuna.

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Tue, 06 Jun 1995

JP/Business climate in Indonesia

Business climate in Indonesia It was really surprising to read the statement by Coordinating Minister for Industry and Trade Hartarto a few days ago.

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Tue, 06 Jun 1995

JP/Gresik to take over two firms

Gresik to take over two firms JAKARTA (JP): Publicly-listed state-owned cement company PT Semen Gresik announced yesterday that it will acquire two other state-owned cement companies, PT Semen Padang and PT Semen Tonasa, at a total price of Rp 1.06 trillion (US$479 million).

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Tue, 06 Jun 1995

JP/Police writing contest open

Police writing contest open JAKARTA (JP): The National Police is holding a writing and photography competition on the partnership between police and the public concerning disciplinary actions, in order to create further public security.

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Tue, 06 Jun 1995

JP/TV today

TV todayTVRI 2:35 p.m. TV Series: Hassai Sensei 3:05 Children's Program 3:30 TV Series: Willing And Abel 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Teaching: Kepercayaan Terhadap Tuhan Yang ...

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Tue, 06 Jun 1995

JP/Suspected kidnappers detained

Suspected kidnappers detained JAKARTA (JP): City police have detained a number of suspects in connection with last month's kidnapping and beating of businessman Sulaiman Ramli, better known as Han Seng, which was apparently intended to extract repayment of a debt which a private bank claims the ...

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Tue, 06 Jun 1995

JP/Impacts of Mexican crisis (2)

Impacts of Mexican crisis (2)By J.E. Ismael This is the second of two articles based on a paper presented at the 30th Southeast Asia Central Bank Governors Conference held in Manila recently.

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Tue, 06 Jun 1995

JP/The specter of Internet

The specter of Internet The apprehension, expressed over the weekend by Jonathan L. Parapak, the secretary-general of the Ministry of Tourism, Post and Telecommunications, over the possible negative impacts of Internet surely surprises no one.

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Tue, 06 Jun 1995

JP/Serang seaport work must start soon: Soeharto

Serang seaport work must start soon: Soeharto JAKARTA (JP): President Soeharto called yesterday for the immediate commencement of work on the construction of a commercial seaport in Serang, West Java, to support the rapid growth of industrial activity in the province.

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Tue, 06 Jun 1995

JP/Timor dialog ends, more talks ahead

Timor dialog ends, more talks ahead JAKARTA (JP): East Timorese leaders with opposing views on integration ended their meeting in Austria yesterday one day earlier than scheduled, while agreeing to convene for more talks in the future.

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Tue, 06 Jun 1995

JP/Indonesia rules Singapore's waves

Indonesia rules Singapore's waves JAKARTA (JP): The national scullers earned a morale-boosting win ahead of the Southeast Asian Games in Chiang Mai when they clinched victory in the Singapore international invitational dragon boat race on Sunday.

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Tue, 06 Jun 1995

JP/Computers in the year 2000

Computers in the year 2000 I read with interest Mr Alex Wolvesperges' recent letter to The Jakarta Post (May 27, 1995) regarding the year 2000, as it applies to computer technology.

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Tue, 06 Jun 1995

JP/Presiden Soeharto calls for quicker licenses

Presiden Soeharto calls for quicker licenses JAKARTA (JP): President Soeharto instructed yesterday related ministries to help speed up the processing of licenses for the construction of a large integrated terminal project at Manggarai, South Jakarta.

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Tue, 06 Jun 1995

JP/Repression not a solution to demonstrations

Repression not a solution to demonstrationsBy Mulyana W. Kusumah JAKARTA (JP): Rallies denouncing certain government policies have been increasingly in vogue in the last few months. During the month of May alone, we witnessed various kinds of demonstrations.

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Tue, 06 Jun 1995

JP/Indonesian publishers cry out for paper supplies

Indonesian publishers cry out for paper supplies JAKARTA (JP): Both newspaper and book publishers appealed to the government yesterday to take immediate steps to ensure a steady supply of affordable paper.

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Tue, 06 Jun 1995

JP/Clinton decision on Bosnia

Clinton decision on Bosnia The Clinton administration has recklessly blurred the clear and prudent line it once drew against using American ground forces in combat in Bosnia.

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Tue, 06 Jun 1995

JP/Industrial estates open

Industrial estates open JAKARTA (JP): The Suryacipta industrial estate at Kutamekar near Karawang town in West Java has opened to investors, said Basroni Rizal, the president of PT Suryacipta Swadaya, the owner and manager of the facility.

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Tue, 06 Jun 1995

JP/Court hears Freeport case

Court hears Freeport case JAKARTA (JP): The Jakarta State Administrative Court began hearings yesterday on the lawsuit filed by the Indonesian Forum for the Environment (Walhi) against the government over copper mining by PT Freeport Indonesia, an American joint-venture company, in Irian Jaya.

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Tue, 06 Jun 1995

JP/Telecom seminar planned

Telecom seminar planned JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications will hold a major seminar on human resources development in the telecommunication sector at the Bandung Institute of Technology in West Java."The five-day seminar, scheduled to start on Sept.

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Tue, 06 Jun 1995

JP/RI's team sails into Bermuda Bowl c'ship

RI's team sails into Bermuda Bowl c'ship JAKARTA (JP): The Indonesian men's team is assured of a place in the Bermuda Bowl world bridge championship in October after it downed Chinese Taipei 20-10 in the penultimate round of the Far East championship in Perth, Australia, on Sunday.

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Tue, 06 Jun 1995

JP/Officer wins in Malang race

Officer wins in Malang race JAKARTA (JP): A low-ranking city military officer has won first place in a 10-kilometer marathon race, and third place in a 42-kilometer marathon race held in Malang, East Java recently.Private Sutarman reported his wins to the City Military Chief of Staff Brig. Gen.

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Tue, 06 Jun 1995

JP/Amien Rais likely to retain Muhammadiyah post: Scholar

Amien Rais likely to retain Muhammadiyah post: Scholar SEMARANG (JP): Amien Rais has secured the support of a well- known scholar, Afan Gaffar, who was initially believed to be one of his contenders in next month's race for the top spot in the influential Moslem organization Muhammadiyah.

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Tue, 06 Jun 1995

JP/Myanmar leader here to boost ties

Myanmar leader here to boost ties JAKARTA (JP): The head of Myanmar's ruling military junta, Gen. Than Shwe, arrived here yesterday for a four-day state visit to enhance economic and trade ties with Indonesia.

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