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

Fri, 09 Jun 1995

JP/Japan fails to apologize to Asia

Japan fails to apologize to Asia Japan's tripartite ruling coalition has reached a compromise at the last minute, enabling it to keep its promise to draft a resolution commemorating the 50th anniversary of the ending of World War II.

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Fri, 09 Jun 1995

JP/Manggarai residents urged to remain calm

Manggarai residents urged to remain calm JAKARTA (JP): Governor Surjadi Soedirdja has urged residents of Manggarai, South Jakarta, whose land may be appropriated to make way for the construction of a huge integrated transport terminal, to remain calm.

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Fri, 09 Jun 1995

JP/Ometraco gains Rp 21.5b

Ometraco gains Rp 21.5b JAKARTA (JP): The publicly listed PT Ometraco Realty reported yesterday that it recorded an after-tax profit of Rp 21.5 billion (around US$9.7 million) in 1994, a company statement read.

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Fri, 09 Jun 1995

JP/Four mayoralties win Adipura awards

Four mayoralties win Adipura awards JAKARTA (JP): Four of the city's five mayoralties have won Adipura environmental awards for their success in improving sanitation.

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Fri, 09 Jun 1995

JP/Parents demonstrate at Satya Wacana

Parents demonstrate at Satya Wacana SALATIGA, Central Java: Demonstrations against the rector of the Satya Wacana Christian University, John JOI Ihalauw, continued yesterday.

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Fri, 09 Jun 1995

JP/Govt to keep Gresik share lead

Govt to keep Gresik share lead JAKARTA (JP): Publicly-listed state cement company PT Semen Gresik yesterday assured the House of Representatives that its plans to issue 444 million rights shares will not change the government's position as the company's majority shareholder.

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Fri, 09 Jun 1995

JP/The Listening Post

The Listening Post * The Cambridge Encyclopedia of the English Language, edited by David Crystal, was the inspiration for the article entitled "The Fabric of English", appearing in the Johnson column of the May 6, 1995, Economist newspaper.

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Fri, 09 Jun 1995

JP/Newspaper cuts circulation

Newspaper cuts circulation BENGKULU, Bengkulu: Semarak Bengkulu daily has cut its circulation from 5,500 to 4,500 due to the ongoing paper crisis, its manager, Suparno, said yesterday.

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Fri, 09 Jun 1995

JP/Pertina beckons Bahari brothers

Pertina beckons Bahari brothers JAKARTA (JP): The Indonesian amateur boxing association (Pertina) has taken one step closer to settling its rift with the Bahari brothers, Pino and Nemo.

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Fri, 09 Jun 1995

JP/Lippo to construct 70-story tower on Jl. Sudirman

Lippo to construct 70-story tower on Jl. Sudirman JAKARTA (JP): The Lippo Group will build a 70-story building called Sudirman Asia Tower at a cost of US$160 million in the Jl. Sudirman golden triangle in South Jakarta.

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Fri, 09 Jun 1995

JP/Bank Tiara's profit soars

Bank Tiara's profit soars JAKARTA (JP): Bank Tiara, a publicly listed private bank, reported a 90 percent increase in its after-tax profit to Rp 19 billion (US$8.48 million) or Rp 254 per share last year from Rp 10 billion or Rp 183 per share in 1993.

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Fri, 09 Jun 1995

JP/Jakarta Fair expects more visitors

Jakarta Fair expects more visitors JAKARTA (JP): This year's Jakarta Fair at the Kemayoran fairgrounds is projected to attract about three million people, an executive of the Jakarta International Trade Center said yesterday.

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Fri, 09 Jun 1995

JP/Asia to be center of the world: Naisbitt

Asia to be center of the world: Naisbitt JAKARTA (JP): Asia, with China as its driving force, will become the center of the world in the next century, says the master trend analyst John Naisbitt.

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Fri, 09 Jun 1995

JP/Businessman intends suing businesswoman for libel

Businessman intends suing businesswoman for libel JAKARTA (JP): A businessman being investigated for fraud is going to start libel proceedings against the entrepreneur who laid the fraud charges.

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Fri, 09 Jun 1995

JP/Want a divorce? Beware of brokers

Want a divorce? Beware of brokers SURABAYA, East Java (JP): The increasing number of divorce cases has given rise to middlemen, who offer services to those who want to bypass formal, arduous administrative procedures.

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Fri, 09 Jun 1995

JP/Sanskrit language (1)

Sanskrit language (1) President Soeharto's recent warning on the unnecessary but offensive use of foreign words on billboards or as names of apartment buildings and other real estate projects could not have happened at a more opportune time.

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Fri, 09 Jun 1995

JP/New apartments in Pancoran

New apartments in Pancoran JAKARTA (JP): Minister of Public Housing Akbar Tandjung has inaugurated the Griya Pancoran apartment building in South Jakarta.

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Fri, 09 Jun 1995

JP/TV today

TV todayTVRI 2:30 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 Culture Program 5:00 Regional News 5:30 Economy Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Karya Nyata 7:00 Evening News 7:30 ...

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Fri, 09 Jun 1995

JP/Where to go in Bali:

Where to go in Bali:Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Ramayana Buffet Dinner, Monday. Legong Buffet Dinner, Friday. Poolside - BBQ Night with Hawaiian Band, Wednesday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday.

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Fri, 09 Jun 1995

JP/Bakrie Finance gets loan

Bakrie Finance gets loan JAKARTA (JP): PT Bakrie Finance Corporation, a multifinance company listed on the Jakarta Stock Exchange, yesterday secured a syndicated loan of US$30 million from 10 international financial institutions.

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Fri, 09 Jun 1995

JP/'Kreasi Baru': A mixture of two musics

'Kreasi Baru': A mixture of two musicsBy Gus Kairupan JAKARTA (JP): The combination of gamelan with a symphony orchestra is not a new one.

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Fri, 09 Jun 1995

JP/Indonesia to face another Chinese test

Indonesia to face another Chinese test JAKARTA (JP): A weakened Indonesian side is facing treacherous opposition from a rejuvenated China in the Asia Cup badminton championships in Qing Dao, next week.

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Fri, 09 Jun 1995

JP/Sheraton to manage hotel in Surakarta

Sheraton to manage hotel in Surakarta JAKARTA (JP): International Telephone and Telegraph (ITT) Sheraton of the United States signed an agreement here yesterday with PT Hotel Anomsolo Saranatama on the management of a four- star rated hotel in Surakarta, Central Java.

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Fri, 09 Jun 1995

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 8, 1995: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 2,100 0 ...

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Fri, 09 Jun 1995

JP/Arab solidarity

Arab solidarity Arab League secretary-general, Dr. Esmat Abdul Maguid, is exerting unwavering efforts to achieve reconciliation of Arab ranks. These efforts emanate from a deep sense of responsibility, supported by patience and wise judgment.

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Fri, 09 Jun 1995

JP/Govt vows to protect environment

Govt vows to protect environment JAKARTA (JP): Indonesia marked World Environment Day yesterday by reaffirming its commitment to continuing development without damaging the environment.

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Fri, 09 Jun 1995

JP/Japan's belated apology

Japan's belated apology Even if it fails to satisfy many, at least the proposed apology, expected to be adopted by the Japanese parliament this week, or early next week, is the first statement ever to express anything close to an official apology for Japan's much condemned part in World War II.

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Fri, 09 Jun 1995

JP/Bank Papan's management overhauled after takeover

Bank Papan's management overhauled after takeover JAKARTA (JP): The management of the publicly-listed Bank Papan Sejahtera underwent a major change yesterday following the controversial takeover of the bank's majority stake by obscure local businessman Jopie Widjaya.A.

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Fri, 09 Jun 1995

JP/Dharmala to pay dividends

Dharmala to pay dividends JAKARTA (JP): PT Dharmala Sakti Sejahtera, a private finance company listed on the Jakarta Stock Exchange, plans to distribute dividends of Rp 100 per share on Aug. 10 this year, a company executive said yesterday.

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Fri, 09 Jun 1995

JP/Savings scheme for sport not dead yet: Hayono

Savings scheme for sport not dead yet: Hayono JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman, who is being accused of condoning gambling in raising funds for sports development, yesterday said his plan for a savings scheme has not been abandoned completely.

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Fri, 09 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, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m.

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Fri, 09 Jun 1995

JP/The succession issue

The succession issue Lately, the question of national leadership and succession has again become the talk of the day. Discussions revolve around the question of who the possible candidates for the presidency for the 1998-2003 period might be.

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Fri, 09 Jun 1995

JP/Bintang investigation gets down to details

Bintang investigation gets down to details JAKARTA (JP): The police investigation of controversial politician Sri Bintang Pamungkas yesterday finally moved into specifics, with questions over remarks he allegedly made to slander the government.

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Fri, 09 Jun 1995

JP/Dossier on triple murder

Dossier on triple murder JAKARTA (JP): The City Police Force will hand over the dossier on the Los Angeles triple murder case, the main suspect of which is Harnoko Dewantono, alias Oki, to the Central Jakarta Prosecutor's Office later this month."The police want to turn in the dossier on the L.A.

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Fri, 09 Jun 1995

JP/China may have miscalculated over Mischief Reef (1)

China may have miscalculated over Mischief Reef (1)By Bilveer Singh This is the first of two articles examining China's recent move on Mischief Reef in the South China Sea.

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Fri, 09 Jun 1995

JP/Great River secures loan

Great River secures loan JAKARTA (JP): PT Great River Industries, a listed garment maker, secured yesterday a syndicated loan of US$75 million to finance its expansion plans, a company statement read.

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Fri, 09 Jun 1995

JP/Bali bamboo conference draws world's interest

Bali bamboo conference draws world's interest JAKARTA (JP): Bamboo enthusiasts and environmentalists from all over the world are meeting in Bali for the fourth International Bamboo Congress, Workshop, and Festival.

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Fri, 09 Jun 1995

JP/Drought hits Gunungkidul

Drought hits Gunungkidul YOGYAKARTA: With the rainy season still at least four months away, the southern part of Gunungkidul regency, about 60 kilometers east of here, is already suffering from drought.

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Fri, 09 Jun 1995

JP/Dealing with Indonesians

Dealing with Indonesians It has been interesting to read replies to Mr McLaughlin's letter complaining about the way he was treated by his neighbor. Perhaps a few pieces of advice and cultural knowledge might help him to tolerate life in Indonesia a little more.

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Fri, 09 Jun 1995

JP/Navy has first woman lieutenant commander

Navy has first woman lieutenant commander JAKARTA (JP): The Indonesian Navy broke new ground yesterday when it inducted its first woman lieutenant commander.

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Fri, 09 Jun 1995

JP/KL ready to talk further on Sipadan and Ligitan

KL ready to talk further on Sipadan and Ligitan JAKARTA (JP): Visiting Malaysian Foreign Minister Abdullah Badawi dodged questions yesterday on the likelihood of taking the disputed Sipadan and Ligitan Islands to international arbitration, stressing instead Kuala Lumpur's commitment to further ...

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Fri, 09 Jun 1995

JP/Australian, Taiwan men deported

Australian, Taiwan men deported AMBON, Maluku: Immigration authorities have deported an Australian, whose sail boat ran aground, and 111 Taiwanese fishermen, caught poaching in Indonesian territorial waters.

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Fri, 09 Jun 1995

JP/Rajawali wins 'in-principle' GSM permit

Rajawali wins 'in-principle' GSM permit JAKARTA (JP): A senior government official said yesterday that a firm controlled by the Rajawali Group has won an "in-principal permit" to participate in the Global System for Mobile (GSM) cellular telephone business.

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