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

Thu, 14 Nov 1996

JP/One year demanded for Ecstasy dealer

One year demanded for Ecstasy dealer TANGERANG, West Java (JP): The prosecution has demanded one year in jail and a Rp 3 million fine for woman being tried at the Tangerang District Court for trafficking 9000 Ecstasy pills.

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Thu, 14 Nov 1996

JP/RI's publishing sector attracts few

RI's publishing sector attracts fewBy Hermawan Sulistyo PHOENIX, Arizona, United States (JP): Chief executive officers or presidents of major publishing houses here are not underpaid, compared to other business sectors.

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Thu, 14 Nov 1996

JP/Cipinang Jail guard jailed for eight months

Cipinang Jail guard jailed for eight months JAKARTA (JP): A Cipinang penitentiary guard will have to serve behind bars after the East Jakarta District Court yesterday convicted him of letting notorious businessman Eddy Tansil escaped in May.

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Thu, 14 Nov 1996

JP/'RI economy to grow at 7.6% in 1997'

'RI economy to grow at 7.6% in 1997' JAKARTA (JP): Indonesia's economy is expected to improve next year, growing at 7.6 percent, despite the forthcoming general election, Mari E. Pangestu, an economist at the Center of Strategic and International Studies, said yesterday.

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Thu, 14 Nov 1996

JP/ASEAN executives told to restructure businesses

ASEAN executives told to restructure businesses JAKARTA (JP): Southeast Asian businesspeople must develop strategies to restructure and rationalize their businesses with regional trade barriers falling by 2003, the ASEAN Secretary- General, Ajit Singh, said yesterday.

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Thu, 14 Nov 1996

JP/50 nabbed in student brawls

50 nabbed in student brawls JAKARTA (JP): Police netted 50 students involved in a brawl which smashed a bank's windows on Jl. MH. Thamrin, in Central Jakarta yesterdayMenteng Police Chief Capt. Chaerul said about 70 students from a senior high school on Jl.

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Thu, 14 Nov 1996

JP/Honda's plant in Vietnam

Honda's plant in Vietnam TOKYO (UPI): Asian Honda Motor Co. Ltd. announced yesterday it has signed a joint venture agreement for the manufacture and sale of motorcycle parts in Vietnam.

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Thu, 14 Nov 1996

JP/Police face lawsuit

Police face lawsuit YOGYAKARTA: The local police chief, already flooded with criticism for the way he handled the murder of a local journalist, is now facing a lawsuit from a witness in the same case.

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Thu, 14 Nov 1996

JP/'Hello' again

'Hello' again I read with increasing despair the volley of letters flying between readers about basically saying "hello." This issue cannot be generalized and bears next to no relation to the length of time lived here (as some writers would suggest).

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Thu, 14 Nov 1996

JP/Rights commission says beware of malicious issues

Rights commission says beware of malicious issues JAKARTA (JP): The National Human Rights Commission has warned that distorted issues were being circulated by irresponsible people to incite confusion and discord in the community.

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Thu, 14 Nov 1996

JP/Merauke highly vulnerable to AIDS, physician says

Merauke highly vulnerable to AIDS, physician says JAKARTA (JP): Merauke, a bustling port and fishing town in southeast Irian Jaya, is highly vulnerable to the spread of the Acquired Immune Deficiency Syndrome (AIDS), because of the huge presence of Thai fishermen, a physician said yesterday.

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Thu, 14 Nov 1996

JP/Govt calls for restraint over Belo's remarks

Govt calls for restraint over Belo's remarks JAKARTA (JP): Government and community leaders called on all parties for restraint yesterday, amidst concerns that the protests and counter-protests over East Timor Bishop Carlos Felipe Ximenes Belo's remarks could lead to violence.

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Thu, 14 Nov 1996

JP/Serve alcoholic drinks to foreigners only

Serve alcoholic drinks to foreigners only Protests against the imposition of a new tax on alcoholic drinks have been going on for weeks, forcing the government to review the regulation.

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Thu, 14 Nov 1996

JP/Nine more mutual funds to hit the market

Nine more mutual funds to hit the market JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) confirmed yesterday that by Nov. 12 it had approved the establishment of 13 mutual funds with promoters' funds reaching Rp 1.16 trillion (around US$491 million).

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Thu, 14 Nov 1996

JP/Tight control urged on imported food

Tight control urged on imported food JAKARTA (JP): The Indonesian Consumers Agency (YLKI) called on the government yesterday to closely supervise imported foods to ensure Indonesia does not become a dump for expired food products.

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Thu, 14 Nov 1996

JP/U.S. grants quota leeway for Indonesian textiles

U.S. grants quota leeway for Indonesian textiles JAKARTA (JP): The United States has agreed to give more leeway for Indonesia's exports of textiles and textile related products to that country.

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Thu, 14 Nov 1996

JP/Land for investors

Land for investors In Indonesia, with a land area of almost two million square kilometers, land is supposed to be one of the cheapest factors of production.

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Thu, 14 Nov 1996

JP/City govt blamed for slow housing projects

City govt blamed for slow housing projects JAKARTA (JP): City councilors blamed the city administration yesterday for not quickly taking steps to force developers to build low-cost housing.

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Thu, 14 Nov 1996

JP/Ten struck by lightning

Ten struck by lightning KUPANG: At least ten people were struck by lightning in the Bismarak village, 15 kilometers east of Kupang on Tuesday around 4 p.m.Six people have recovered after being hospitalized at the Kupang hospital while four are still being treated.

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Thu, 14 Nov 1996

JP/Duta Anggada secures loans

Duta Anggada secures loans JAKARTA (JP): A syndicate of 14 foreign and local banks agreed yesterday to provide Rp 80 billion (US$33.9 million) in revolving loans to property developer Duta Anggada Realty.

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Thu, 14 Nov 1996

JP/RI develops new mapping machine

RI develops new mapping machine JAKARTA (JP): The Agency for the Assessment and Application of Technology (BPPT) and PT Remedial Piranti Jaya trading company have developed a sophisticated mapping machine called Geolink.

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Thu, 14 Nov 1996

JP/Economist laments govt's lack of economic vision

Economist laments govt's lack of economic vision JAKARTA (JP): The government does not have a comprehensive or coordinated plan to achieve its long-term development targets, economist Mari Pangestu said yesterday.

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Thu, 14 Nov 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:45 TV Series: Family Matters 3:05 Dance Performance 3:30 TV Series: 13 Wonder 4:05 Film: Here Comes the Stars 4:30 Women's Program: Profil Ibu Rini 4:55 Filler and Trailer 5:00 Regional News 5:25 My Country 5:30 Arabic Lessons 6:00 ...

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Thu, 14 Nov 1996

JP/Prostitutes found HIV positive

Prostitutes found HIV positive UJUNGPANDANG: Four Ujungpandang women, all prostitutes, have been diagnosed as having the Human Immunodeficiency Virus (HIV).Three are in a rehabilitation center while the fourth has fled.The four had undergone the Elisa blood test.

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Thu, 14 Nov 1996

JP/PT PLN awards 19 power projects to private firms

PT PLN awards 19 power projects to private firms JAKARTA (JP): State electricity company PT PLN has signed 19 power purchase agreements with private companies, which together will generate 6,545 Megawatts (MW).

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Thu, 14 Nov 1996

JP/NGOs to ask APEC to consider people

NGOs to ask APEC to consider people JAKARTA (JP): Indonesian non-governmental organizations are set to press their demands for leaders of the Asia-Pacific Economic Cooperation (APEC) to pay better attention to the impact of global free trade.

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Thu, 14 Nov 1996

JP/Awards for hotels in Bali

Awards for hotels in Bali JAKARTA (JP): The United States' Travel & Leisure publication has named Four Seasons Resort Bali and Amandari Bali as two of the best 100 hotels in the world.

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Thu, 14 Nov 1996

JP/Two thirds of SEA Games bodies yet to start training

Two thirds of SEA Games bodies yet to start training JAKARTA (JP): Only eleven of Indonesia's 34 SEA Games-bound sports organizations started their centralized training programs by Nov.

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Thu, 14 Nov 1996

JP/Huntington's new book deals with modernization's effects

Huntington's new book deals with modernization's effectsBy Gwynne Dyer LONDON (JP): If you believe the doctors, nothing is wholesome. If you believe the priests, nothing is moral. If you believe the soldiers, nothing is safe. And if you believe the director of the John M.

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Thu, 14 Nov 1996

JP/Hello, how is life up there?

Hello, how is life up there? JAKARTA (JP): A 67-year-old man has spent seven years living in a tree in Warambe village, Southeast Sulawesi, in self-imposed exile for reasons he has never explained.La Nene, a grandfather of more than 12, built a nest in the branches of a 20-meter tall cashew tree.

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Thu, 14 Nov 1996

JP/New recruits unlikely for Asia Nations Cup

New recruits unlikely for Asia Nations Cup JAKARTA (JP): Indonesian national soccer team coach Danurwindo yesterday dismissed speculation that he would add more strikers to his Asia Nations Cup squad following two straight losses in their international friendlies in Genoa, Italy, last week.

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Thu, 14 Nov 1996

JP/Governor knows nothing about Jonggol project

Governor knows nothing about Jonggol project JAKARTA (JP): Governor Surjadi Soedirdja said yesterday he had not been contacted by a group of developers who proposed relocating the city's administration center to Jonggol, on Jakarta's outskirts.

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Thu, 14 Nov 1996

JP/Executives in Asia support Nobel award

Executives in Asia support Nobel award JAKARTA (JP): A majority of Asian executives polled recently said the Nobel committee was justified in awarding this year's peace prize to East Timor Bishop Carlos Felipe Ximenes Belo and separatist leader Jose Ramos Horta.

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Thu, 14 Nov 1996

JP/'RI' education system creates a stupid nation'

'RI' education system creates a stupid nation'By Lela E. Madjiah JAKARTA (JP): Indonesia has a lot to be proud of.

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Thu, 14 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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Thu, 14 Nov 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 13, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 14 Nov 1996

JP/PT General Motors puts RI production plans on hold

PT General Motors puts RI production plans on hold JAKARTA (JP): PT General Motors Buana Indonesia (GMBI) has put production of its Opel Vectra sedans on hold because of uncertainty over the national car program, a company executive said yesterday.GMBI president William S.

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Thu, 14 Nov 1996

JP/Megawati offered peace deal

Megawati offered peace deal JAKARTA: The government has offered the ousted chairwoman of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri, an out-of-court settlement in her lawsuit against the authorities' rejection of her prospective legislators' list.

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Thu, 14 Nov 1996

JP/U.S. dollar gains ground in Europe despite meeting

U.S. dollar gains ground in Europe despite meeting LONDON (UPI): The U.S. dollar started trade higher across Europe yesterday morning, despite some caution ahead of the policy-making meeting of the U.S. Federal Reserves later in the day.In London, the U.S. currency was quoted at 1.

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Thu, 14 Nov 1996

JP/Adi Andojo still has job, Chief Justice says

Adi Andojo still has job, Chief Justice says JAKARTA (JP): Justice Adi Andojo Soetjipto still has his job as a deputy of the Supreme Court, Chief Justice Sarwata said yesterday."He is still one of the Court's deputies.

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Thu, 14 Nov 1996

JP/RI furniture industry predicted to take off

RI furniture industry predicted to take off JAKARTA (JP): Executives here believe Indonesia will become a regional furniture center provided the domestic industry starts using sophisticated technology, instead of traditional machines.

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Thu, 14 Nov 1996

JP/Pikko to go public

Pikko to go public JAKARTA (JP): Bank Pikko will issue 28 million new shares to the public next month which will be traded on the Jakarta and Surabaya stock exchanges in January.Bank Pikko president Daroel Oeloem Aboe Bakar said yesterday, the new shares, each with a nominal value of Rp 500 (21 U.

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Thu, 14 Nov 1996

JP/Vendors to report to rights body over friend's death

Vendors to report to rights body over friend's death JAKARTA (JP): A group of roadside vendors have threatened to report to the National Commission on Human Rights after one of their friends was allegedly killed in a raid by city public order officials.Wanto, a vendor who usually operates on Jl.

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Thu, 14 Nov 1996

JP/East Timor

East Timor I salute Mr. M. Khaliq Qureshi for his letter in The Jakarta Post (Oct. 30, 1996) which presented a fine summary of the East Timor issue.

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Thu, 14 Nov 1996

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.

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