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

Fri, 29 Nov 1996

JP/ASEAN leaders to discuss weighty issues informally

ASEAN leaders to discuss weighty issues informally JAKARTA (JP): Southeast Asian heads of government will gather tomorrow to discuss weighty issues in what promises to be one of the most relaxed atmospheres ever set-up for a leaders meeting.

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Fri, 29 Nov 1996

JP/Soeharto calls for respect for teachers

Soeharto calls for respect for teachers JAKARTA (JP): President Soeharto appealed yesterday to the nation, especially students at schools and universities, to show the highest respect toward teachers.

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Fri, 29 Nov 1996

JP/Big palm oil plan waits approval

Big palm oil plan waits approval JAKARTA (JP): The Ministry of Finance has not yet approved a plan by some state-owned firms to establish 102,000 hectares of oil palm plantations in Irian Jaya, Minister of Agriculture Sjarifudin Baharsjah said yesterday.

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Fri, 29 Nov 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 28, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Fri, 29 Nov 1996

JP/FSPSI sympathizes with Pakpahan

FSPSI sympathizes with Pakpahan JAKARTA (JP): The sole officially-sanctioned labor union, Federation of All-Indonesian Workers Union (FSPSI), showed a gesture of friendship yesterday by coming to the defense of Muchtar Pakpahan, the chairman of an unrecognized labor union who is detained for his ...

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Fri, 29 Nov 1996

JP/Hayono urges recalculation of SEA Games budget

Hayono urges recalculation of SEA Games budget JAKARTA (JP): State Minister for Youth Affairs and Sports Hayono Isman yesterday urged the 19th SEA Games Organizing Committee to recalculate the budget for the biennial event here next year.

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Fri, 29 Nov 1996

JP/Boxing bodies' merger takes a step forward

Boxing bodies' merger takes a step forward BEKASI, West Java (JP): Indonesia's professional and amateur boxing governing bodies are preparing for a joint New Year celebration as merger talks stepped up a gear yesterday.

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Fri, 29 Nov 1996

JP/Singapore awards RI tycoon

Singapore awards RI tycoon JAKARTA (JP): Asiatic Enterprises Pte. Ltd. which is owned and managed by Indonesian businessman Johanes Widjaja (left in above picture) ranked ninth on the 1996 Enterprise 50 list of the best performing private companies in Singapore.

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Fri, 29 Nov 1996

JP/Polyta issues $185m notes

Polyta issues $185m notes JAKARTA (JP): Tri Polyta Finance, the wholly-owned Netherlands-based subsidiary of propylene producer PT Tri Polyta Indonesia, has issued guaranteed secured notes worth US$185 million.

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Fri, 29 Nov 1996

JP/Govt promises to help in volleyball dispute

Govt promises to help in volleyball dispute BEKASI, West Java (JP): The government has promised to help the Indonesian Volleyball Association evade an international ban, State Minister of Youth Affairs and Sports Hayono Isman said yesterday.

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Fri, 29 Nov 1996

JP/Thammanoon leads Tugu Pratama c'ship by one shot

Thammanoon leads Tugu Pratama c'ship by one shot JAKARTA (JP): Heavy drizzle did not bother Thammanoon Sriraj of Thailand as he took the lead after the second day of the Tugu Pratama PGA Championship at the 7,141-yard Bumi Serpong Damai Golf and Country Club, Tangerang, West Java, yesterday.

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Fri, 29 Nov 1996

JP/Where to go in Bali:

Where to go in Bali:Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Pasar Senggol - Balinese Village, daily, Kecak Dance, Friday and Tuesday, Legong Dance, Saturday, Arjuna Wiwaha Dance, Sunday, Balinese dance parade - Rejang dance, Puspawresti Dance, Belibis Dance & Jaran Teji Dance, Monday, ...

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Fri, 29 Nov 1996

JP/U.S. detective says Oki can't be link to death

U.S. detective says Oki can't be link to death JAKARTA (JP): The trial of an Indonesian charged with a Los Angeles triple murder took a new twist yesterday when a U.S.

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Fri, 29 Nov 1996

JP/What remains to be done after APEC?

What remains to be done after APEC? Leaders of 18 nations grouped in the Asia Pacific Economic Cooperation (APEC) forum have just concluded their meeting in Manila. Economist Mari Pangestu presents her views.

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Fri, 29 Nov 1996

JP/UN needs reform: Alatas

UN needs reform: Alatas SEMARANG (JP): Minister of Foreign Affairs Ali Alatas underscored yesterday the need to reform the United Nations as part of the on-going international effort to establish a new world order.

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Fri, 29 Nov 1996

JP/Reebok, Wilson to supply Pelti

Reebok, Wilson to supply Pelti JAKARTA (JP): The Indonesian National Tennis Team Council (Pelti) signed a one-year contract with PT Mitra Adi Perkasa, producer of Reebok and Wilson, Tuesday.

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Fri, 29 Nov 1996

JP/House wants next budget to rise 13%

House wants next budget to rise 13% JAKARTA (JP): The House of Representatives' Budgetary Commission yesterday proposed raising the 1997/1998 budget by 13 percent on this year's budget to Rp 102 trillion (US$43.1 billion).

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Fri, 29 Nov 1996

JP/Reserved House seats for Korpri opposed

Reserved House seats for Korpri opposed JAKARTA (JP): The idea of allocating seats in the House of Representatives to members of the Corps of Civil Servants (Korpri) drew fire from a senior statesman yesterday.

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Fri, 29 Nov 1996

JP/Kaolin industry faces bankruptcy

Kaolin industry faces bankruptcy JAKARTA (JP): Kaolin producers in Bangka and Belitung, South Sumatra, are on the verge of bankruptcy because the mineral's price has slumped domestically, the kaolin association said yesterday.

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Fri, 29 Nov 1996

JP/Pidgin language

Pidgin language Hasn't the wholesale pidginisasi of the Indonesian language now gone perhaps a little too far? Asosiasi, organisasi, transmigrasi... Now here's one to cap the lot. A well-known five- star hotel located along Jl.

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Fri, 29 Nov 1996

JP/LBH slams crackdown

LBH slams crackdown JAKARTA (JP): The Jakarta Legal Aid Institute has blasted city public order officials for their "inhumane" actions in a recent crackdown on street vendors in Menteng, Central Jakarta, that led to a vendor's death."In the crackdown on Nov.

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Fri, 29 Nov 1996

JP/Dollar up in Europe, franc look vulnerable

Dollar up in Europe, franc look vulnerable LONDON (UPI): The U.S. dollar traded higher across Europe yesterday morning, particularly against the French franc, in the wake of Bank of France comments suggesting it was seeking a weaker franc.In London, the U.S. currency was quoted at 1.

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Fri, 29 Nov 1996

JP/Ritz Carlton Bali opens

Ritz Carlton Bali opens JAKARTA (JP): Ritz Carlton Bali, one of the newest, luxury hotels in Bali, will open most of its rooms for business today.Hotel spokesperson Nike Kurnia told The Jakarta Post yesterday the launch would occur a month ahead of schedule.

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Fri, 29 Nov 1996

JP/Catholic priest named winner of human rights award

Catholic priest named winner of human rights award JAKARTA (JP): Ignatius Sandyawan Sumardi, a Catholic priest recently in trouble for sheltering youth activists being hunted down by security officers, has been named winner of the prestigious Yap Thiam Hien human rights award.

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Fri, 29 Nov 1996

JP/On alcohol

On alcohol There were oddly two closely related articles in the Nov. 14, 1996 edition, i.e. Serve alcoholic drinks to foreigners only and RI's education system creates a stupid nation.

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Fri, 29 Nov 1996

JP/Testing for HIV without consent

Testing for HIV without consent SURABAYA: Lawyer Todung Mulya Lubis deplored yesterday the widespread practice of testing targeted people for HIV without their knowledge or consent.Lubis said in a seminar that the practice, mostly in red-light districts, is a gross violation of human rights.

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Fri, 29 Nov 1996

JP/Military crackdown on guns

Military crackdown on guns JAKARTA (JP): City Military Chief Maj. Gen. Sutiyoso said Wednesday the military would crackdown on people owning illegal guns in a bid to help police fight the recent tide of armed robberies.

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Fri, 29 Nov 1996

JP/Bimantara to build toll road

Bimantara to build toll road JAKARTA (JP): Bimantara's PT Tri Daya Esta is expected to win the tender to build a Rp 584 billion (US$247 million) toll road in Surabaya following the withdrawal of its main rivals.

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Fri, 29 Nov 1996

JP/APEC ignores human needs

APEC ignores human needs Free trade and growth, the mantra of the Asia-Pacific economic miracle, needs to have a human face. That was the message given by the non-governmental organizations (NGOs) to the APEC leaders's summit which ended on Monday in Manila.

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Fri, 29 Nov 1996

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m.; Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m.; Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.

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Fri, 29 Nov 1996

JP/Lessons from S'pore SOEs

Lessons from S'pore SOEsBy I Ketut Mardjana JAKARTA (JP): State-owned enterprises (SOEs) in Indonesia, like those in many other countries in the world, have been notoriously known for their inefficiency. However, Singapore's SOEs seem to be an exception. They are efficiently managed.

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Fri, 29 Nov 1996

JP/Sergeant gets 16 months for murder

Sergeant gets 16 months for murder NABIRE, Irian Jaya: The Jayapura Military Tribunal sentenced First Sergeant Suyadi yesterday to 16 months imprisonment for torturing a civilian to death.The story began on Jan.

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Fri, 29 Nov 1996

JP/Indosat forms joint venture company in Kazakstan

Indosat forms joint venture company in Kazakstan JAKARTA (JP): International telecommunications operator PT Indosat has set up a joint venture company in Kazakhstan, named Inkatel, to provide small aperture terminal (VSAT) telecommunication services in the central Asian republic.

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Fri, 29 Nov 1996

JP/N-250 prototype rolls out

N-250 prototype rolls out BANDUNG: The State-owned Aircraft Industry (IPTN) is conducting a series of tests on the physical condition of the second prototype of the locally-built N-250 aircraft.IPTN's Senior Executive Vice President Said D.

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Fri, 29 Nov 1996

JP/Foreign joint ventures urged to help small firms

Foreign joint ventures urged to help small firms JAKARTA (JP): Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya yesterday urged foreign joint venture companies to forge partnerships with small and medium-size local firms.

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Fri, 29 Nov 1996

JP/Oil boosts revenue

Oil boosts revenue It might be exaggerating to say that the current state budget (1996/1997) has been saved by the 16 percent increase in international oil prices.

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Fri, 29 Nov 1996

JP/Better plywood prices predicted next year

Better plywood prices predicted next year JAKARTA (JP): Indonesia's plywood exporters are expected to earn much more next year because of better world prices, a forestry executive predicted yesterday.A.

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Fri, 29 Nov 1996

JP/Sardono to feature latest work

Sardono to feature latest work JAKARTA (JP): Noted choreographer Sardono W. Kusumo will feature his latest work at a Bekasi housing estate to inaugurate a Borobudur statue tomorrow.Well-known sculptor Nyoman Nurta created the statue at the Kota Legenda estate.

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Fri, 29 Nov 1996

JP/TV today

TV todayTVRI 2:35 p.m. TV Series: Budgie 3:05 Teenager's Program: Remaja Indonesia 3:30 TV Series: Fresh Prince of Bell Airf 4:05 Comedy: 4:30 Student's Quiz: Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Healthy Program: Lintas Kesehatan 6:15 Village Program 6:45 ...

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Fri, 29 Nov 1996

JP/Illegal brothels demolished

Illegal brothels demolished JAKARTA (JP): Fifty illegal brothels along the Kosambi sub- district's riverbanks were demolished by police, military and public order officials Tuesday.The demolition surprised the prostitutes and their pimps because it was done without warning.

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Fri, 29 Nov 1996

JP/Zarina's dossier completed this week

Zarina's dossier completed this week JAKARTA (JP): Police would send Ecstasy-case suspect Zarina's dossier to the West Java public prosecutor's office next week, Jakarta Police Chief Maj. Gen. Hamami Nata said yesterday.

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Fri, 29 Nov 1996

JP/Old educational problems never die

Old educational problems never die JAKARTA (JP): While Indonesia badly needs skilled workers to enter the competitive global market, the country's education system is still grappling with basic old problems, a well-placed official conceded yesterday.

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Fri, 29 Nov 1996

JP/Quilt contest to mark AIDS Day

Quilt contest to mark AIDS Day JAKARTA (JP): A parade, a quilt contest, and a party are among the events which will mark International AIDS Day which is Dec. 1.The quilt contest will be held tomorrow from 8 a.m. to 4:30 p.m. at the Ancol Dreamland's Art Market, North Jakarta.

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Fri, 29 Nov 1996

JP/'Developer gave no reports on accidents'

'Developer gave no reports on accidents' JAKARTA (JP): The developer of a West Jakarta apartment project, where 18 workers have died, had not reported any on-site accidents to the city office of the Ministry of Manpower, the office's head said yesterday.

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Fri, 29 Nov 1996

JP/Gambir evidence conflicts: Defense

Gambir evidence conflicts: Defense JAKARTA (JP): Defense lawyers representing supporters of Megawati Soekarnoputri, the ousted leader of the Indonesian Democratic Party (PDI), told the Central Jakarta District Court yesterday that prosecution witnesses gave contradicting testimonies at the last ...

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Fri, 29 Nov 1996

JP/Myanmar leader in town to attend ASEAN summit

Myanmar leader in town to attend ASEAN summit JAKARTA (JP): The head of Myanmar's ruling State Law and Order Restoration Council (SLORC), Senior Gen. Than Shwe, arrived here yesterday afternoon to attend tomorrow's informal summit of ASEAN heads of government.

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Fri, 29 Nov 1996

JP/Gamble, slash and lie

Gamble, slash and lie JAKARTA (JP): An Indonesian student who lost A$15,000 (US$12,000) in a casino in Perth, Australia, slashed his arms and body before telling police he had been robbed and tortured, Antara said yesterday.

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Fri, 29 Nov 1996

JP/Newsman's murder reconstructed

Newsman's murder reconstructed YOGYAKARTA: Police will reconstruct the Aug. 13 deadly attack on Bernas daily journalist Fuad Muhammad Syafrudin widely believed to have been related to his reporting on corruption in the Bantul regency government.

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Fri, 29 Nov 1996

JP/Rights body announces new members today

Rights body announces new members today JAKARTA (JP): The National Commission on Human Rights is scheduled to announce today four new members to replace those who have died.

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Fri, 29 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, Friday, 9 p.m. to 12:30 a.m.; Platinum Band, Wednesday, 9 p.m. to 12:30 a.

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Fri, 29 Nov 1996

JP/Merrill buys 10% in KIA

Merrill buys 10% in KIA JAKARTA (JP): Merrill Lynch and Co. of the U.S. has acquired a 10 percent stake in the publicly listed PT Keramika Indonesia Assosiasi (KIA), the ceramic subsidiary of the Ongko Group.PT Ongko Multicorpora announced yesterday that the 10 percent stake represented 8.

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