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

Fri, 08 Nov 1996

JP/Disability bill to get clearance in 1997

Disability bill to get clearance in 1997 JAKARTA (JP): Legislators were optimistic yesterday the long awaited bill on disability, currently under deliberation, would be passed next January despite several glaring shortcomings.

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Fri, 08 Nov 1996

JP/Europe not UK

Europe not UK I am writing in response to Piero Ronci's letter America's interest in the Nov. 4 edition of The Jakarta Post."A quixotic denigrator of... America." My original letter, as the vast majority of readers with sufficient intellect would appreciate, was suggesting that Europe (i.e.

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Fri, 08 Nov 1996

JP/The Listening Post

The Listening Post * The International Community Activities Center (ICAC), a social and educational institution open to both Indonesians and expatriates, is the subject for tonight's radio broadcast of "The Listening Post"; tonight's show is the second in a two-part series to be aired over Radio ...

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Fri, 08 Nov 1996

JP/Millions more phone lines to be installed by 1999

Millions more phone lines to be installed by 1999 JAKARTA (JP): The government announced here yesterday a new installation target of eight million telephone lines for the ongoing Sixth Five-Year Development Plan period to end in March 1999.The new target includes 6.

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Fri, 08 Nov 1996

JP/Soeharto to address UN summit on food

Soeharto to address UN summit on food JAKARTA (JP): President Soeharto plans to discuss Indonesia's strategy to maintain and improve its food security at next week's World Food Summit at the headquarters of the United Nations' Food and Agriculture Organization (FAO) in Rome, Italy.

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Fri, 08 Nov 1996

JP/Speed up flyover project: Councilor

Speed up flyover project: Councilor JAKARTA (JP): A city councilor said yesterday the completion of the flyover at the junction of Jl. Matraman Raya - Jl. Pramuka, East Jakarta, needs to be sped up to ease the area's traffic woes.

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Fri, 08 Nov 1996

JP/Fiskaragung's profit increases by 310%

Fiskaragung's profit increases by 310% JAKARTA (JP): PT Fiskaragung Perkasa, a newly-listed salt producer, announced yesterday a Rp 49 billion (US$20 million) net profit for the first nine months of this year, a 310 percent increase over the same period last year.

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Fri, 08 Nov 1996

JP/Factory Inauguration

Factory InaugurationCorrection: The photo caption on this page of Wednesday's newspaper should have read: "Minister of Industry and Trade Tunky Ariwibowo (second right) and Japanese Ambassador Taizo Watanabe (right) join hands with Summitomo Corporation of Japan chairman Tomiichi Akiyama (left) and ...

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Fri, 08 Nov 1996

JP/Jatiluhur dam ready to host SEAG events

Jatiluhur dam ready to host SEAG events JAKARTA (JP): The Jatiluhur dam in Purwakarta, West Java, only needs minor renovations to prepare it for the 19th Southeast Asian Games next year.

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Fri, 08 Nov 1996

JP/Megawati supports Semarang branch PDI activists

Megawati supports Semarang branch PDI activists SEMARANG (JP): Megawati Soekarnoputri continued her legal battle against her political rivals with an appearance yesterday in a local court where her supporters were running a lawsuit against her opponents.

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Fri, 08 Nov 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Animated Classic 3:05 TV Series: Remaja Indonesia 3:30 TV Series: Emergency Call 4:05 Comedy 4:30 Student's Quiz: Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Economic Bourse: Kewirausahaan 6:05 Travel: ...

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Fri, 08 Nov 1996

JP/PT Bank Umum Servitia to issue 40m new shares

PT Bank Umum Servitia to issue 40m new shares JAKARTA (JP): PT Bank Umum Servitia will issue 40 million new shares, which will make up 20 percent of its total shares, in an initial public offering (IPO) this month.

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Fri, 08 Nov 1996

JP/Korea's Posco to develop two steel mills in W. Java

Korea's Posco to develop two steel mills in W. Java JAKARTA (JP): South Korea's Pohang & Iron Steel Co. (Posco) has embarked on the development of two joint venture steel mills in West Java with a total investment of US$675 million.

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Fri, 08 Nov 1996

JP/ASEAN leaders informal summit set for Nov. 30

ASEAN leaders informal summit set for Nov. 30 JAKARTA (JP): An informal summit of ASEAN leaders will be held here on Nov. 30, also attended by heads of government from Cambodia, Laos and Myanmar.

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Fri, 08 Nov 1996

JP/Telstra enters Bandung

Telstra enters Bandung BANDUNG (JP): PT Jastrindo Dinamika, which operates Telstra Fleetcoms' radio trunking services, has invested US$25 million in telecommunications services in Bandung and Cilegon (West Java), Surabaya (East Java), Semarang (Central Java) and the greater Jakarta area.

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Fri, 08 Nov 1996

JP/Revising our curriculum requires a proper model

Revising our curriculum requires a proper modelBy Mochtar Buchori JAKARTA (JP): Curriculum has always been considered as the key issue in raising the quality of education.

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Fri, 08 Nov 1996

JP/Sumitro blasts zig-zag interest rate theory

Sumitro blasts zig-zag interest rate theory JAKARTA (JP): Sumitro Djojohadikusumo, Indonesia's most senior economist, supports the view of most analysts that State Minister for Research and Technology B.J. Habibie's zig-zag theory on interest rate reduction is entirely unfeasible.

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Fri, 08 Nov 1996

JP/Task force proposed for estates

Task force proposed for estates JAKARTA (JP): The government should set up a special task force to coordinate the development of the country's industrial estates, a member of the House of Representatives said yesterday.

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Fri, 08 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, 08 Nov 1996

JP/Improve public services: Surjadi

Improve public services: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja has asked City Hall civil servants grouped in Korpri to improve public services, Antara reported yesterday.

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Fri, 08 Nov 1996

JP/Suwandi off to fine start on national selection trail

Suwandi off to fine start on national selection trail JAKARTA (JP): A rejuvenated Suwandi, bronze medalist at last year's Southeast Asian Games in Chiang Mai, Thailand, got off to a blistering start as he breezed past Muhamad Syahid, 6-4, 6-2 on the opening day of the preselection tournament for ...

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Fri, 08 Nov 1996

JP/Police did nothing to stop riot: Witnesses

Police did nothing to stop riot: Witnesses JAKARTA (JP): Two witnesses told a court yesterday that police did nothing to stop rioters in the July 27 riot.

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Fri, 08 Nov 1996

JP/G-15 vows to improve members' welfare

G-15 vows to improve members' welfare JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday the Group of 15 nations (G-15) is reflecting on how to take a leading role in helping to promote the welfare of developing countries.

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Fri, 08 Nov 1996

JP/Microsoft signs agreement with PC manufacturers

Microsoft signs agreement with PC manufacturers JAKARTA (JP): Microsoft, a leading United States software company, signed up four Indonesian computer manufactures yesterday to preinstall its software in their computers for domestic distribution.

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Fri, 08 Nov 1996

JP/Soeharto to visit Jordan, attend food summit in Italy

Soeharto to visit Jordan, attend food summit in Italy JAKARTA (JP): President Soeharto will leave on an overseas trip next week that will take him to Jordan and Italy, Minister/State Secretary Moerdiono said yesterday.The visit to Jordan on Nov.

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Fri, 08 Nov 1996

JP/'Parties behind Zarima's escape face punishment'

'Parties behind Zarima's escape face punishment' JAKARTA (JP): National Police Chief Lt. Gen. Dibyo Widodo warned yesterday any parties that plotted Zarima's escape and knew her whereabouts before she was arrested in Houston on Tuesday (Jakarta time) face punishment.

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Fri, 08 Nov 1996

JP/ODS phase out poses no problem

ODS phase out poses no problem JAKARTA (JP): Ninety percent of Indonesian industries would cease using ozone-depleting substances (ODS) by 1998, an official said here yesterday.

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Fri, 08 Nov 1996

JP/Watch current account deficit: IMF chief

Watch current account deficit: IMF chief JAKARTA (JP): Managing Director of the International Monetary Fund Michel Camdessus yesterday warned Indonesia and other Association of Southeast Asian Nations (ASEAN) members over their high current account deficits and their financial systems' soundness.

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Fri, 08 Nov 1996

JP/Four arrested for selling drugs

Four arrested for selling drugs JAKARTA (JP): Police arrested yesterday three men and a woman and seized 13,500 barbiturate pills from the suspects in a rented house on Jl. Kebon Pala, Tanah Abang district, in Central Jakarta.Tanah Abang Police Chief Maj.

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Fri, 08 Nov 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 7, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Fri, 08 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, 08 Nov 1996

JP/BI chief sees BoP surplus

BI chief sees BoP surplus JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono predicted yesterday that Indonesia will continue to enjoy a surplus in its balance of payments next year, despite investors' jitters over the coming general election.

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Fri, 08 Nov 1996

JP/ASEAN's China-Taiwan policy

ASEAN's China-Taiwan policyBy Jusuf Wanandi JAKARTA (JP): Questions are being asked about ASEAN's (Association of Southeast Asian Nations) policies on China-Taiwan relations, because ASEAN member countries (except Singapore) have said almost nothing about the tensions across the Straits at ...

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Fri, 08 Nov 1996

JP/Nobel prize not by accident

Nobel prize not by accident As a history professor from the United States, I am somewhat reluctant to provoke my Indonesian friends regarding recent events. Many were dismayed about this year's Nobel Peace Prize winners.

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Fri, 08 Nov 1996

JP/Upheaval in Pakistan

Upheaval in Pakistan A grim sense of deja vu surrounds the sudden ouster of Prime Minister Benazir Bhutto of Pakistan. With Bhutto under house arrest and the capital of Islamabad ringed with army troops, democracy and democratic institutions are clearly once again in peril.

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Fri, 08 Nov 1996

JP/Waterfront city project still has water problems

Waterfront city project still has water problems JAKARTA (JP): A plan for a waterfront city in North Jakarta, which will incorporate housing, business centers and recreational facilities, has yet to find a way to get adequate clean water.

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Fri, 08 Nov 1996

JP/City to have no new taxi companies

City to have no new taxi companies JAKARTA (JP): A city official said yesterday no new taxi companies could start up because the industry was at saturation point and new companies would not be viable.

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Fri, 08 Nov 1996

JP/Rights body doubts arrest of killer

Rights body doubts arrest of killer JAKARTA (JP): The National Commission on Human Rights yesterday said it still doubted that police had caught the killer of Yogyakarta journalist Fuad Muhammad Syafruddin.

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Fri, 08 Nov 1996

JP/RI acrobats win special prize

RI acrobats win special prize JAKARTA: Three Indonesian girls won a special prize for their extraordinary performances at the eighth International Acrobatic Festival in China.

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Fri, 08 Nov 1996

JP/Vikrama New Year lights up Jakarta

Vikrama New Year lights up Jakarta JAKARTA (JP): Celebrations of the five-day Hindu Diwali festival, also known as the Feast of Lights, started yesterday in a low-key fashion in Jakarta.

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Fri, 08 Nov 1996

JP/Driver clubs more convenient and efficient in Jakarta

Driver clubs more convenient and efficient in JakartaBy Zatni Arbi JAKARTA (JP): Hiring a driver is a lottery. If you win, you'll get a driver that will give you excellent service for many years. If you're unlucky, he will start denting your car on the third day.

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Fri, 08 Nov 1996

JP/Sweden envoy praises rights commission

Sweden envoy praises rights commission JAKARTA (JP): Sweden praised Indonesia's National Commission on Human Rights and promised to assist with a campaign to promote human rights, yesterday.

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Fri, 08 Nov 1996

JP/On the Nobel prize

On the Nobel prize I share Mr. Kale's view in his letter of Nov. 1, 1996. C. Northcote Parkinson, with his laws, is one of my favorite sources of guidance on human behavior. The way Mr. Kale put one of the laws in context was quite a clever idea.

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Fri, 08 Nov 1996

JP/Unemployed graduates

Unemployed graduates The government has again expressed great concern over the increasing number of educated people, including university graduates, among Indonesia's unemployed ranks.

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Fri, 08 Nov 1996

JP/Top Russian coach polishes Utut's skills

Top Russian coach polishes Utut's skills JAKARTA (JP): The Indonesian Chess Association's training director, Eka Putra Wirya said yesterday his chief intention of hiring internationally reputed chess coach Mark Dvoretsky of Russia was to further polish and sharpen the skills of the country's No.

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Fri, 08 Nov 1996

JP/Treasurer missing with money

Treasurer missing with money DILI, East Timor: The Aileu regency administration have lost Rp 150.7 million (US$64,136) and their treasurer Abdul Malik Jaing Semata, police said yesterday.Dili police chief Beno Kilapong said Abdul was last seen on Oct. 23 withdrawing the money from a bank.

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Fri, 08 Nov 1996

JP/Securitization suggested to help small businesses

Securitization suggested to help small businesses JAKARTA (JP): The government can securitize loans extended to small businesses and trade them on capital markets if it wants to provide more finance to small businesses, noted economist Rizal Ramli said yesterday.

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Fri, 08 Nov 1996

JP/Two killed by guests

Two killed by guests JAMBI, Jambi: Two women were killed and one wounded on Tuesday night in what appears to have been a robbery attempt, Antara reported.Febrita, 30, was found dead with her 14-year-old niece, Yike Routh.

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Fri, 08 Nov 1996

JP/Partnerships urged to stop monopolies

Partnerships urged to stop monopolies JAKARTA (JP): We must work hard to promote partnerships between large businesses and small and medium-scale enterprises (SMEs) to eliminate monopolies and oligopolies, the state minister for national development planning said yesterday.

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Fri, 08 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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Fri, 08 Nov 1996

JP/Cellular phones

Cellular phones I refer to the article: Ringing in the era of cellular phones in The Jakarta Post, Oct. 27, 1996.If the adage "knowledge is power" holds true, then The Jakarta Post readers in the market for new cellular phones must be considered fairly weak.

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Fri, 08 Nov 1996

JP/Weight lifters to hold centralized training

Weight lifters to hold centralized training JAKARTA (JP): The Indonesian Weight lifting, Power lifting and Bodybuilding Association is due to stage a centralized training program next month in preparation for the 19th Southeast Asian Games here next year.

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