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

Wed, 13 Nov 1996

JP/Astra signs up partners in Lampung

Astra signs up partners in Lampung JAKARTA (JP): The publicly-listed auto maker PT Astra International signed partnership agreements yesterday with several small businesses and cooperatives in Lampung, the southernmost province of Sumatra.

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Wed, 13 Nov 1996

JP/Irian journalist harassed

Irian journalist harassed JAYAPURA, Irian Jaya: The local chapter of the Association of Indonesian Journalists condemned yesterday a bank official who allegedly harassed a journalist, covering last week's Rp 1.9 billion ($808,000) embezzlement trial, in the bank.

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Wed, 13 Nov 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program 3:30 TV Series: Just the Ten of Us 4:05 TV Drama: Asni 4:30 Documentary Film: Situs Kerajaan Lingga Indrapura 4:55 Filler 5:00 Evening News 5:25 Travel: My Country 5:30 Indonesian Lesson ...

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Wed, 13 Nov 1996

JP/Streamlining bureaucracy beats tax incentives: Mar'ie

Streamlining bureaucracy beats tax incentives: Mar'ie JAKARTA (JP): Streamlining bureaucracy is more important than tax incentives in enhancing the competitiveness of local firms, Minister of Finance Mar'ie Muhammad said here yesterday.

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Wed, 13 Nov 1996

JP/ABRI should take part in elections, says gen. Hasnan

ABRI should take part in elections, says gen. Hasnan SURABAYA (JP): A respected military intellectual has suggested that Armed Forces (ABRI) members take part in general elections.Lt. Gen. (ret.

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Wed, 13 Nov 1996

JP/'Habibie's got slim chance for VP post'

'Habibie's got slim chance for VP post' BANDUNG (JP): The chances of B.J. Habibie, a protegee of President Soeharto, clinching the vice-presidential post in 1998 are slim, a former general predicted yesterday.Lt. Gen. (ret.

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Wed, 13 Nov 1996

JP/Netanyahu's offer

Netanyahu's offer Benjamin Netanyahu has finally come clean. Now we know what he really wants. The Israeli premier envisages for the Palestinians a status similar to that of residents of Puerto Rico or the principality of Andorra.

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Wed, 13 Nov 1996

JP/Textile plant bans smoking

Textile plant bans smoking JAKARTA (JP): A foreign textile company, PT Taisho Textile Industries, launched yesterday a no-smoking area at its East Jakarta factory which employs 1,000 workers.

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Wed, 13 Nov 1996

JP/14 killed in toll accidents

14 killed in toll accidents BEKASI, West Java (JP): Fourteen people were killed in 144 accidents on the Jakarta-Cikampek toll road last month, the state-owned highway corporation, PT Jasa Marga announced yesterday.A.D.

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Wed, 13 Nov 1996

JP/Eat your 'cookie'

Eat your 'cookie' If Mr. van Nidek (Your Letters, Nov. 11, 1996) is a MAC user, he can get rid of his "cookie". Getting rid of the "global history" -- where every click of the mouse while surfing the Net is recorded -- and "cookie" files won't help you.

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Wed, 13 Nov 1996

JP/Rome Summit to study global food situation

Rome Summit to study global food situation JAKARTA: Is there an answer to world hunger? Such an ancient problem may seem insoluble but the facts are actually rather encouraging, at least for some countries previously regarded as almost hopeless cases.

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Wed, 13 Nov 1996

JP/Troubles lie ahead for President Clinton

Troubles lie ahead for President ClintonBy Martin Walker WASHINGTON: Despite the appeals for "common ground" from President Bill Clinton and Republican congressional leaders, an array of flashpoints wait in store for the new administration which are likely to put it at loggerheads with the ...

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Wed, 13 Nov 1996

JP/Impact of modern life on artworks depend on each individual

Impact of modern life on artworks depend on each individualBy Carla Bianpoen JAKARTA ((JP): There has been much talk about what role artists should play and what focus their works should have in our changing society.One view is that art works should reflect national features or values.

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Wed, 13 Nov 1996

JP/Candidate for vice president

Candidate for vice president As the election year approaches, people begin to think about who will be the next vice president of Indonesia. Being a longtime well-wisher of Indonesia and an admirer of President Soeharto, I want to express my opinion on the subject.

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Wed, 13 Nov 1996

JP/The Zarina telenovela

The Zarina telenovela The story of Zarina, the young woman dubbed the "Ecstasy Queen" by the media, has all the makings of a telenovela, the TV melodramas so popular here.

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Wed, 13 Nov 1996

JP/Toll supervisor testifies in court

Toll supervisor testifies in court JAKARTA (JP): A construction supervisor of the Grogol overpass, which collapsed in March killing three workers, denied the defendant the defendant in trial resulting from the accident had ordered him to remove the bracings supporting a section of the ...

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Wed, 13 Nov 1996

JP/Texmaco's expansion hailed as boon to growth

Texmaco's expansion hailed as boon to growth JAKARTA (JP): The Indonesian Textile Association's projection for the textile industry's diminishing capacity to meet export demand bodes well with the Texmaco-Polysindo group's huge expansion, securities analysts said.

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Wed, 13 Nov 1996

JP/Food still a problem for 800 million people

Food still a problem for 800 million people JAKARTA: Food. What do you think when you hear the word: last night's dinner, the new restaurant around the corner, a recipe you'd like to try?For most of us, food is a given.

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Wed, 13 Nov 1996

JP/Don't corrupt history, says Vice President

Don't corrupt history, says Vice President JAKARTA (JP): Vice President Try Sutrisno warned historians yesterday against corrupting history for the sake of a particular cause.

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Wed, 13 Nov 1996

JP/Astra to build 130 MW power plant

Astra to build 130 MW power plant JAKARTA (JP): PT Astra International, Indonesia's largest automobile producer, will become the 18th private power generator in the country under a build-operate-transfer scheme for the state-owned electricity company PT PLN.

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Wed, 13 Nov 1996

JP/Joint team set up to realign estates

Joint team set up to realign estates JAKARTA (JP): The National Land Agency (BPN) will soon set up an inter-ministerial team to realign industrial estates as a follow up to the instruction from the minister of agrarian affairs on the stoppage of location permits for new plant projects.

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Wed, 13 Nov 1996

JP/'One authority should control city rivers'

'One authority should control city rivers' JAKARTA (JP): Floods could be prevented effectively only by a single authority supervising river basins, speakers at a discussion on floods said yesterday.

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Wed, 13 Nov 1996

JP/Jambi-Batam with Fokker-28

Jambi-Batam with Fokker-28 JAKARTA (JP): State-owned Merpati Nusantara Airlines plans to operate Fokker F-28s on the Jambi to Batam, Riau, route to take advantage of the abolition of exit taxes within the Indonesia- Malaysia-Singapore Growth Triangle effective as of Monday.

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Wed, 13 Nov 1996

JP/RI's economic policy experience

RI's economic policy experience This is the second of two articles based on a paper by Mohammad Sadli presented at the Conference on Governance Innovation in Manila on Oct. 22.

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Wed, 13 Nov 1996

JP/Two workers fall from building

Two workers fall from building JAKARTA (JP): Two workers plunged to their death after falling from a 35-meter-high building construction on Jl. Jend. Sudirman, in South Jakarta, yesterday. Another worker suffered severe injuries in the accident.

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Wed, 13 Nov 1996

JP/When does an opponent become a 'political enemy'?

When does an opponent become a 'political enemy'?By Mochtar Buchori JAKARTA (JP): "He is my opponent, but not my enemy. I wish him well!" This is what President Clinton and Senator Dole said of each other after it was known that the incumbent president had won the presidential election.

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Wed, 13 Nov 1996

JP/Public may lose faith in police methods: Komnas

Public may lose faith in police methods: Komnas JAKARTA (JP): A member of the National Commission on Human Rights (Komnas) urged police yesterday to improve their methods of investigation into the recent murder of a Yogyakarta journalist.Bambang W.

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Wed, 13 Nov 1996

JP/CDC plans to invest more in RI

CDC plans to invest more in RI JAKARTA (JP): The Commonwealth Development Corporation (CDC) of Britain plans to invest US$50 million a year here for the next few years.

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Wed, 13 Nov 1996

JP/Finland promises reforestation follow-up

Finland promises reforestation follow-up JAKARTA (JP): Finland says it is committed to following up on a 15-year-old forestry project in South Kalimantan, scheduled to end next month, which is being undertaken by the Finnish and Indonesian governments.

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Wed, 13 Nov 1996

JP/RI and Jordan urge Israel to talk peace

RI and Jordan urge Israel to talk peace JAKARTA (JP): Indonesia's President Soeharto and Jordan's King Hussein, in bilateral talks in Amman yesterday, expressed their concern at the stalled Middle East talks resulting from Israel's uncompromising stand.

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Wed, 13 Nov 1996

JP/Bhuwanatala to buy 51% stake in Duta

Bhuwanatala to buy 51% stake in Duta JAKARTA (JP): PT Bhuwanatala Indah Permai, a property company controlled by Bambang Trihatmodjo and Johanes Kotjo, has won its shareholders' approval to buy a 51 percent stake in PT Duta Wisata for Rp 82 billion (US$34 million).

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Wed, 13 Nov 1996

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Morgan's 1072 Classic Disco, Asian Force Band, Tuesday and Thursday, 9 p.m. to 12:30 a.m., Saturday: 9:30 p.m. to 1 a.m.; Acid Speed Band, Firday, 9 p.m. to 12:30 a.m.; Platinum Band, Wednesday, 9 p.m. to 12:30 a.

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Wed, 13 Nov 1996

JP/Fund shortage hits 1997 RI cycling tour

Fund shortage hits 1997 RI cycling tour JAKARTA (JP): Financial hitches may force the cancellation of next year's Tour de Indonesia, an international road race cycling championship slated to be held next March, a national cycling official said Monday.

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Wed, 13 Nov 1996

JP/Police chasing Zarina's friends

Police chasing Zarina's friends INDRAMAYU, West Java (JP): Police detectives are still trying to locate two men believed to be connected to Ecstasy-suspect Zarina, who was arrested in Houston, U.S. recently, National Police Spokesman Brig. Gen. Nurfaizi said.

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Wed, 13 Nov 1996

JP/Utut admits mental lapses after week of hard training

Utut admits mental lapses after week of hard training JAKARTA (JP): A better position does not always guarantee a victory. This truth was once demonstrated in a national chess championship in the former U.S.S.

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Wed, 13 Nov 1996

JP/Bogor chicken slaughter house

Bogor chicken slaughter house BOGOR, West Java (JP): The Bogor Animal Husbandry Agency plans to centralize the chicken slaughter business at a special slaughter house, the agency head said yesterday.Didi Aswadi said Bogor now had 100 individual slaughter houses that needed to be unified.

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Wed, 13 Nov 1996

JP/Danang completes jail term

Danang completes jail term JAKARTA (JP): Danang Kukuh Wardoyo, an office worker of the unlicensed Independen magazine, regained his freedom yesterday after completing 20 months in prison.

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Wed, 13 Nov 1996

JP/Machinery expo opens

Machinery expo opens JAKARTA (JP): An exhibition featuring machines for carpentry, forestry, furniture and pulp and paper industries began yesterday at the Jakarta Kemayoran Fairground.The five-day exhibition was opened by Director of Forestry Cultivation Supervision Soegeng Widodo.

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Wed, 13 Nov 1996

JP/Charges of 'problematic' NGOs must be proven

Charges of 'problematic' NGOs must be proven The government will take stern action against 32 non- governmental organizations (NGOs) it considers "problematic" and says that it will subject all NGOs, 8,000 in total, to the 1985 law on mass organizations.

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Wed, 13 Nov 1996

JP/Learn to say 'no', a new organization says

Learn to say 'no', a new organization says JAKARTA (JP): An ambitious new organization founded yesterday by a retired Army officer seeks to change one bad habit of Indonesians: their inability to say "no" to the powers that be."Those who can say 'no', join us.

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Wed, 13 Nov 1996

JP/Mitra to go public with 30m shares

Mitra to go public with 30m shares JAKARTA (JP): The transportation firm PT Mitra Rajasa will sell 30 million new shares to the public later this month to raise more than Rp 40 billion (US$17.24 million) to expand its business.

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Wed, 13 Nov 1996

JP/Bapindo's reports ready

Bapindo's reports ready JAKARTA (JP): Bad-debt-ridden Bank Pembangunan Indonesia (Bapindo) is ready to publish its financial reports, the bank's commissioner Dahlan Sutalaksana said yesterday.

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Wed, 13 Nov 1996

JP/Ramayana opens 54th store

Ramayana opens 54th store JAKARTA (JP): The publicly-listed Ramayana retail chain opened a new department store with 3,000 square meters of retail space in the Grogol shopping center here yesterday.

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Wed, 13 Nov 1996

JP/Danareksa blamed for unfair IPO

Danareksa blamed for unfair IPO JAKARTA (JP): The initial public offering of the state-owned PT Bank Dagang Negara (BNI) 1946 will be oversubscribed but the lead underwriter may have acted unfairly, according to several stock brokers.

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Wed, 13 Nov 1996

JP/Riot defendants denied rights, court told

Riot defendants denied rights, court told JAKARTA (JP): The defendants at a court hearing from the July 27 riot said yesterday that police denied them their right to have lawyers present when they were arrested and interrogated.

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Wed, 13 Nov 1996

JP/Textile industry must improve to survive, warn analysts

Textile industry must improve to survive, warn analysts JAKARTA (JP): Comprehensive restructuring and efficient bureaucratic procedures are needed if the local textile industry is to survive, according to stock analysts.

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Wed, 13 Nov 1996

JP/Fashion stars fade as heavens open on new cafe

Fashion stars fade as heavens open on new cafeBy John Aglionby JAKARTA (JP): Couture and calories do not usually combine well. It is rare to find a person who can afford the former, and chooses to indulge in the latter.

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Wed, 13 Nov 1996

JP/Tiger kills farmer and wife

Tiger kills farmer and wife PADANG, West Sumatra: A farmer and his wife were killed by a tiger while they were working on their farm in Sungai Gambir village Sunday, a press report said yesterday.

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Wed, 13 Nov 1996

JP/Spanish Jakarta erupts in style at Holiday Inn

Spanish Jakarta erupts in style at Holiday InnBy Parvathi Nayar Narayan JAKARTA (JP): Time to take out those castanets and let your feet go tappin', the flamenco way! Time to sample some delicious Spanish finger food, known worldwide as tapas.

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Wed, 13 Nov 1996

JP/Facts, time will reveal E. Timor's truth

Facts, time will reveal E. Timor's truth We are grateful for Malaysia's firm rejection of the recently planned conference on East Timor in that country, "for the sake of maintaining good relations" and "because the issue is an internal affair of Indonesia".

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Wed, 13 Nov 1996

JP/Dollar loses ground on European markets

Dollar loses ground on European markets LONDON (UPI): The U.S. dollar was trading lower across Europe yesterday morning, despite comments from Germany's Bundesbank that there was still scope for further German interest rate cuts.In London, the U.S. currency was quoted at 1.

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Wed, 13 Nov 1996

JP/'Sports officials must resign if Indonesia fails at SEAG'

'Sports officials must resign if Indonesia fails at SEAG' JAKARTA (JP): Officials from national sports associations must be prepared to step down from their posts if they fail to meet the targets set by the National Sports Council at next year's 19th SEA Games here, an official said.

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Wed, 13 Nov 1996

JP/Developers told to use loans prudently

Developers told to use loans prudently JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono has warned property developers to use their bank loans prudently to avoid exposing the country's banks to liquidity risks.

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Wed, 13 Nov 1996

JP/Protests on Belo break out

Protests on Belo break out JAKARTA (JP): A string of demonstrations, either sympathizing with or condemning East Timor Bishop Carlos Filipe Ximenes Belo broke out in several cities yesterday as the debate over his "scabby dog" comments continued.

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Wed, 13 Nov 1996

JP/New cordless telephone service launched

New cordless telephone service launched JAKARTA (JP): PT Telepoint Nusantara launched a new cordless telephone service yesterday, affordable to students and the middle-class, in hopes of competing with the rapidly expanding mobile cellular telecommunications.

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Wed, 13 Nov 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 12, 1996: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 1,050 -25 ...

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