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

Tue, 10 Dec 1996

JP/East Timorese demonstrate

East Timorese demonstrate YOGYAKARTA: About 300 East Timorese students from universities in Java and Bali demonstrated yesterday in support of Nobel peace laureate Bishop Carlos Filipe Ximenes Belo.

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Tue, 10 Dec 1996

JP/Buton Island, Indonesia's bird paradise almost lost

Buton Island, Indonesia's bird paradise almost lost Scientists assisted by volunteers from around the world have been collecting data on birds found in Buton Island's rain forests as well as the coral reef of the nearby Wakatobi islands.

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Tue, 10 Dec 1996

JP/Kathikeyan wins Formula Asia race

Kathikeyan wins Formula Asia race JAKARTA (JP): India's Narain Kathikeyan emerged as the winner of the final round of the Formula Asia series at the Sentul circuit near Bogor.

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Tue, 10 Dec 1996

JP/Accident disrupts railway system

Accident disrupts railway system PURWOKERTO, Central Java: A train carrying 3,220 bags of cement went off the rails near here early yesterday, throwing railway traffic into chaos for over 13 hours.Railway Officials said the accident happened at 1:05 a.m.

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Tue, 10 Dec 1996

JP/Legalizing drugs is irresponsible

Legalizing drugs is irresponsible European Commissioner Emma Bonino is the latest notable official to convert to the view that drugs should be legalized. Like most converts to most causes, she displays much passion and belief, and little reason.The views and influence of Ms.

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Tue, 10 Dec 1996

JP/Ancol bridge 'not obstructing river's flow'

Ancol bridge 'not obstructing river's flow' JAKARTA (JP): Vice Governor TB. M. Rais yesterday refuted Minister of Public Works Radinal Moochtar's claims that the construction of a bridge, in front of Ancol Dreamland's entrance in North Jakarta, obstructed the Ancol river's flow.

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Tue, 10 Dec 1996

JP/Activists decry abuse of women

Activists decry abuse of women JAKARTA (JP): Women activists decried yesterday increased violence against women this year and blamed it partly on Indonesia's ingrained patriarchal values.

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Tue, 10 Dec 1996

JP/Medan deports three aliens

Medan deports three aliens MEDAN, North Sumatra: North Sumatra immigration authorities have deported three foreigners for misusing their tourist visas working as English teachers.

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Tue, 10 Dec 1996

JP/Pickpocket in Kuta

Pickpocket in Kuta I was in Bali recently to attend a media presentation of a TV network here in Indonesia. I was having such a grand time exploring and appreciating the beauty of the island, when it had to be screwed up by a pickpocket.

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Tue, 10 Dec 1996

JP/Polgar pledges to play her best

Polgar pledges to play her best JAKARTA (JP): Hungarian Grandmaster Judith Polgar promised she would play to her best when she takes on Indonesian GM Utut Adianto in a special chess duel.

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Tue, 10 Dec 1996

JP/Bre-X and Barrick agree to 10% govt stake in mine

Bre-X and Barrick agree to 10% govt stake in mine JAKARTA (JP): Canada's Bre-X Minerals Ltd. and Barrick Gold have finally agreed to provide a 10 percent stake in the disputed Busang II gold mine to the Indonesian government, according to a senior official at the Ministry of Mines and Energy.

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Tue, 10 Dec 1996

JP/Subway project waits for presidential decree

Subway project waits for presidential decree JAKARTA (JP): Deputy Governor for Economic and Development Affairs TB. M. Rais said yesterday the presidential decree for the Mass Rapid Transit (MRT) project had not yet been issued.

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Tue, 10 Dec 1996

JP/RI envoy hosts welcome dinner for Bishop Belo

RI envoy hosts welcome dinner for Bishop BeloBy Lela E. Madjiah OSLO (JP): Indonesian Ambassador for Norway Amiruddin Noor hosted a dinner Sunday for Dili Bishop Carlos Filipe Ximenes Belo, who is here to accept the 1996 Nobel Peace Prize today.

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Tue, 10 Dec 1996

JP/Halla joins Aussie plant

Halla joins Aussie plant SEOUL (UPI): South Korea's Halla Group and Resource Equities Ltd. of Australia have signed a deal to build a $800-million iron plant, a Halla spokesman said yesterday.

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Tue, 10 Dec 1996

JP/ABRI urged to probe death of NU member

ABRI urged to probe death of NU member JAKARTA (JP): Abdurrahman Wahid, head of the Nahdlatul Ulama (NU), demanded an investigation yesterday into a report that a member of the Moslem organization died in custody in East Java last week.

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Tue, 10 Dec 1996

JP/Main witness absent at murder reconstruction

Main witness absent at murder reconstruction YOGYAKARTA (JP): Marsiyem, wife of slain journalist Fuad Muhammad Syafruddin and the main witness in the investigation into his murder, was too ill to attend yesterday a police reconstruction of the murder.

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Tue, 10 Dec 1996

JP/House proposes 20 names for vacant justice posts

House proposes 20 names for vacant justice posts JAKARTA (JP): The House of Representatives in its plenary meeting yesterday proposed 20 candidates for the ten vacant justice posts at the Supreme Court.

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Tue, 10 Dec 1996

JP/People behind the Nobel Committee

People behind the Nobel CommitteeBy Meidyatama Suryodiningrat JAKARTA (JP): Just days after the Norwegian Nobel Committee announced the winners of the 1996 Peace prize, Indonesia's Ambassador to Oslo was on the defensive saying that little could have been done to present a counter argument to the ...

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Tue, 10 Dec 1996

JP/Anis retains IBF title, nets Rp 33m reward

Anis retains IBF title, nets Rp 33m reward JAKARTA (JP): Local hero Anis Roga retained his International Boxing Federation Intercontinental junior flyweight crown when he battered Thailand's Chaider Jaroen into submission in the 11th round in their title fight at Probolinggo, East Java, Sunday.

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Tue, 10 Dec 1996

JP/RI cyclists win mountain race

RI cyclists win mountain race JAKARTA (JP): Two national cyclists Tonton Susanto and Nurhayati won the men's and women's 18th PR-Djarum Trophy mountain race.Tonton clocked 1 hour 37.37 minutes in the 53-kilometer race from Tangkuban Perahu to Lembang in West Java.

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Tue, 10 Dec 1996

JP/Foreign artist hirers 'must heed regulations'

Foreign artist hirers 'must heed regulations' JAKARTA (JP): Jakarta Governor Surjadi Soedirdja warned entertainment venues yesterday not to violate city regulations on hiring foreign artists for Christmas and New Year's Eve celebrations.

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Tue, 10 Dec 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, Wednesdy, 9 p.m. to 12:30 a.

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Tue, 10 Dec 1996

JP/Land scarcity may lead to troubles, city planner says

Land scarcity may lead to troubles, city planner says JAKARTA (JP): Disputes might increase if the government did not redistribute land to meet housing needs as land became scarcer, an urban planner said last week.C.

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Tue, 10 Dec 1996

JP/Officials tried for passports forgery

Officials tried for passports forgery JAKARTA (JP): Two Ministry of Religious Affairs officials and a man from a private foundation are being tried for forging ten passports.Prosecutor Rusmini S.

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Tue, 10 Dec 1996

JP/Tunky's mission at the WTO

Tunky's mission at the WTO These are busy days for Minister of Industry and Trade Tunky Ariwibowo. Besides leading the Indonesian delegation to the ongoing World Trade Organization (WTO) ministers' meeting, he will use this opportunity in Singapore to overcome the deadlock he met in his earlier ...

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Tue, 10 Dec 1996

JP/Sinar Mas says it won't inject cash in Amcol

Sinar Mas says it won't inject cash in Amcol JAKARTA (JP): Sinar Mas chairman Eka Tjipta Widjaja said yesterday his group would not inject cash into the troubled Singapore-based Amcol Holdings.He said his local companies would takeover the majority of Amcol through a share swap arrangement.

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Tue, 10 Dec 1996

JP/Bank domination has disadvantages: IMF official

Bank domination has disadvantages: IMF official JAKARTA (JP): Bank domination of Indonesia's financial system has several disadvantages despite its role in maintaining macroeconomic stability and economic efficiency, an International Monetary Fund (IMF) official says.

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Tue, 10 Dec 1996

JP/House passes sweeping bill on broadcasting

House passes sweeping bill on broadcasting JAKARTA (JP): The House of Representatives agreed yesterday to pass the bill on broadcasting which gives the government sweeping powers to regulate the industry, including advertising, and the use of new communications technology such as the internet.

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Tue, 10 Dec 1996

JP/WTO and IMF sign cooperation agreement

WTO and IMF sign cooperation agreement SINGAPORE (JP): The World Trade Organization (WTO) and the International Monetary Fund (IMF) have moved a step closer together.WTO Director General Renato Ruggiero and IMF managing director Michel Camdessus signed a cooperation agreement here yesterday.

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Tue, 10 Dec 1996

JP/Honor or disgrace?

Honor or disgrace? Whether it be by chance or by design, this year's Nobel prizes for peace are to be presented to the recipients today to coincide with the commemoration of International Human Rights Day.

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Tue, 10 Dec 1996

JP/Bakrie signs $50 million loan

Bakrie signs $50 million loan JAKARTA (JP): PT Bakrie Investindo, one of Bakrie Group's three holding companies, signed a loan agreement yesterday for US$50 million in Eurobond notes to refinance some of its short- term debts.The unsecured loan was issued at an annual interest rate of 9.

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Tue, 10 Dec 1996

JP/Prosecutors wants 3 years jail for prison guard

Prosecutors wants 3 years jail for prison guard JAKARTA (JP): A state prosecutor asked the East Jakarta District Court yesterday to sentence a senior prison guard to three years jail for his role in businessman Eddy Tansil's escape in May.

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Tue, 10 Dec 1996

JP/Ecotourism promising for Buton

Ecotourism promising for Buton BAU BAU, Southeast Sulawesi (JP): Ecotourism, its advocates believe, is one form of sustainable development and could hold the promise for a bright future on scenic Buton.The initiative has come from Asep S.

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Tue, 10 Dec 1996

JP/Two die in flood

Two die in flood CILACAP, Central Java: Three days of incessant rains have made the Cibereum River overflow, submerging 485 homes and 270 hectares of farmland in 50 to 125 centimeters of water.Two men were found dead after being stricken by lightning.

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Tue, 10 Dec 1996

JP/Rivals seek Afghan seat at OIC ministerial meeting

Rivals seek Afghan seat at OIC ministerial meeting JAKARTA (JP): The opening day of the 24th meeting of foreign ministers of the Organization of Islamic Conference (OIC) was hit with a quandary yesterday as Afghan delegates from opposing sides sought to occupy a seat in the meeting.

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Tue, 10 Dec 1996

JP/Developed states differ over social clauses

Developed states differ over social clauses SINGAPORE (JP): Industrialized countries have not agreed to include social clauses such as human and labor rights in the World Trade Organization (WTO) agenda.

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Tue, 10 Dec 1996

JP/Wagner's Meistersinger

Wagner's Meistersinger On Saturday Dec. 7 we had the rare occasion to hear on the radio Richard Wagner's Die Meistersinger von Nuernberg. The performance was recorded live at the Bayreuth Festival in August 1996. Radio Klasik FM managed to obtain the recording by courtesy of Deutsche Welle.

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Tue, 10 Dec 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Berenstain Bears 3:00 News: Lintasan Berita 3:05 Music: Gelar Musik 3:30 Science Film: Beyond Tomorrow 4:00 News: Lintasan Berita 4:05 Science and Technology Film 4:30 Teenagers' Program: Drama Remaja 5:00 Regional News ...

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Tue, 10 Dec 1996

JP/Housemaid reports rape

Housemaid reports rape JAKARTA (JP): A 17-year-old maid told the Menteng police subprecinct yesterday that her employer had raped her.The maid, Tn, who works for Jumadi who lives on Jl. Menteng Tenggulun, Central Jakarta, said Jumadi raped her last Thursday night.Menteng Police Chief Capt.

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Tue, 10 Dec 1996

JP/Ship captain killed

Ship captain killed JAKARTA (JP): A sailor surrendered yesterday to the Sunda Kelapa Police sub-precinct for killing his captain on a fishing boat.The Harbor Police Chief Lt. Col. Arie Sueba said the man, identified as Hs., killed Suwito, 40, on Dec. 2. when the ship was on the Java sea.

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Tue, 10 Dec 1996

JP/Panasia secures loan

Panasia secures loan JAKARTA (JP): PT Panasia Indosyntex, a publicly listed textile producer, secured yesterday a syndicated loan worth US$36 million from seven foreign and local joint venture banks.

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Tue, 10 Dec 1996

JP/Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 9, 1996: -------------------------------------------------------- Shares Close Change Trading Volume ...

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Tue, 10 Dec 1996

JP/'King of scavengers' to get rights award

'King of scavengers' to get rights award JAKARTA (JP): Father Sandyawan Sumardi, the Catholic priest and low-profile social worker who recently rose to fame after he was found harboring wanted youth activists, will receive the Yap Thiam Hien human rights award tonight.

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Tue, 10 Dec 1996

JP/Soeharto urges OIC to boost trade links

Soeharto urges OIC to boost trade links JAKARTA (JP): As host of the ministerial meeting of the Organization of Islamic Conferences (OIC), Indonesia urged the body yesterday to strengthen development cooperation to combat the economic plight facing many of its member states.

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Tue, 10 Dec 1996

JP/Is free trade good for innovation?

Is free trade good for innovation?By David Ray MELBOURNE, Australia (JP): The recently held APEC meeting of heads of state in the Philippines has injected a new momentum into the drive free trade in the Asia Pacific region.

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Tue, 10 Dec 1996

JP/More support flows in to defend human rights body

More support flows in to defend human rights body JAKARTA (JP): More people are coming to the defense of the National Commission on Human Rights since it received a rap over the knuckles from the government for overstepping its boundaries.

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Tue, 10 Dec 1996

JP/RI wants fair game at WTO

RI wants fair game at WTOBy Riyadi SINGAPORE (JP): Indonesia is urging the inaugural World Trade Organization (WTO) ministerial conference here to establish level playing fields, review the implementation of commitments by member states and resume negotiations on unfinished business.

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Tue, 10 Dec 1996

JP/Ecstasy smugglers use post offices

Ecstasy smugglers use post offices JAKARTA (JP): Overseas traffickers of Ecstasy pills and heroin have made post offices in Indonesia's big cities one of their favorite ways of smuggling drugs, says an officer at the Directorate General of Customs and Excise.

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Tue, 10 Dec 1996

JP/Death toll in plane crash up

Death toll in plane crash up BANJARMASIN, South Kalimantan: The death toll in Saturday's plane crash rose to 18 yesterday when one of the four critically injured people died in hospital.

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Tue, 10 Dec 1996

JP/Garuda Indonesia agrees to train travel agents

Garuda Indonesia agrees to train travel agents JAKARTA (JP): National flag carrier Garuda Indonesia signed yesterday an agreement with the Association of Indonesian Travel Agencies (Asita) on improving travel agents' skills.

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Tue, 10 Dec 1996

JP/U.S. leads push at WTO on IT, telecoms, finance

U.S. leads push at WTO on IT, telecoms, financeBy Riyadi SINGAPORE (JP): The United States yesterday led a push for a World Trade Organization (WTO) agreement on information technology and for speedy negotiations on basic telecommunications and financial services.Acting U.S.

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Tue, 10 Dec 1996

JP/Military track down protesters

Military track down protesters DILI, East Timor: The military vowed yesterday to track down more leaders of the Nov. 25 anti-government demonstration here."They make youths demonstrate when they think it is appropriate, such as when foreign journalists visit the town," said Maj. Gen.

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Tue, 10 Dec 1996

JP/Belo acknowledges differences with Horta

Belo acknowledges differences with HortaBy Lela E. Madjiah OSLO (JP): Winners of the 1996 Nobel Peace Prize Carlos Felipe Ximenes Belo of East Timor and Fretilin leader Jose Ramos Horta acknowledged yesterday their differences by appearing in separate press conferences in conjunction with the ...

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Tue, 10 Dec 1996

JP/RI SEA Games basketball win forecast

RI SEA Games basketball win forecast JAKARTA (JP): Indonesian Basketball Association Chairman Harmoko said he was confident that the country's men's team will grab the gold medal at the 19th SEA Games here in October next year.

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