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

Wed, 18 Dec 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 17, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Wed, 18 Dec 1996

Budgetary discipline Minister of Finance Mar'ie Muhammad, one of the most respected technocrats in the cabinet, does not seem to care about politics. But the blunt reality is that fiscal policy is very much bound up in politics.

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Wed, 18 Dec 1996

JP/Christmas likely to come early for Liverpool

Christmas likely to come early for LiverpoolBy Vic Mills LONDON (JP): Liverpool took a giant step in the English Premiership Saturday by thrashing Middlesbrough 5-1.

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Wed, 18 Dec 1996

JP/Court rejects Megawati loyalists' suit

Court rejects Megawati loyalists' suit SEMARANG (JP): The district court rejected yesterday a law suit filed by loyalists of the deposed leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri against their political foes.

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Wed, 18 Dec 1996

JP/China reluctant to join project on biodiversity

China reluctant to join project on biodiversity JAKARTA (JP): Most participants of a regional meeting to discuss cooperation in the South China Sea agreed to launch a joint research project on biodiversity resources in the area, but the project may be delayed by China's reluctance to take part.

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Wed, 18 Dec 1996

JP/Taruna Nusantara grads top the in ABRI academy

Taruna Nusantara grads top the in ABRI academy JAKARTA (JP): When President Soeharto inducts 932 graduates of the Armed Forces Academy at the Merdeka Palace tomorrow, one thing will stand out: Most of them are Taruna Nusantara alumni, a high school in Magelang which combines academic excellence ...

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Wed, 18 Dec 1996

JP/City to open new gas fuel pumps

City to open new gas fuel pumps JAKARTA (JP): The city will officially open new gas pumps at 11 filling stations as part of the blue sky air pollution campaign on Dec. 20, an official said yesterday.TB. M.

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Wed, 18 Dec 1996

JP/Soeharto tells officials to use their initiative

Soeharto tells officials to use their initiative JAKARTA (JP): Regional development programs would not run smoothly and would cause unequal distribution if administrators relied heavily on government advice in the decision making processes, President Soeharto said yesterday.

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Wed, 18 Dec 1996

JP/Dutch defendant almost gives birth at trial

Dutch defendant almost gives birth at trial TANGERANG, West Java (JP): A defendant charged with smuggling 11,370 Ecstasy pills almost went into labor during a court hearing yesterday.The 25-year-old Dutch defendant, BAR, was rushed at about 12:30 p.m.

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Wed, 18 Dec 1996

JP/Minister Sudjana upbeat on oil investments

Minister Sudjana upbeat on oil investments JAKARTA (JP): The country's oil industry looks promising despite an estimated decline in new contracts this year, Minister of Mines and Energy I.B. Sudjana said yesterday.

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Wed, 18 Dec 1996

JP/Food a flop but dancer dazzles at Churrascaria

Food a flop but dancer dazzles at ChurrascariaBy John Aglionby JAKARTA (JP): Cynics would argue there is no need for anything Brazilian in Indonesia.

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Wed, 18 Dec 1996

JP/League tables

League tablesNFL (after Monday's games)American Football ConferenceEastern Division: W L T Pf Pa New England 10 5 0 395 291 Buffalo 9 6 0 299 257 Indianapolis 9 6 0 293 303 Miami 7 8 0 308 297 NY Jets 1 14 0 251 ...

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Wed, 18 Dec 1996

JP/McDonald's double cheeseburger

McDonald's double cheeseburger Being quite a regular and loyal customer of McDonald's drive- thru section, on the night of Dec.

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Wed, 18 Dec 1996

JP/Marzuki slams journalists for rights violations

Marzuki slams journalists for rights violations JAKARTA (JP): Indonesian journalists had their knuckles rapped yesterday when leading human rights activist Marzuki Darusman accused them of violating people's rights in their reports.

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Wed, 18 Dec 1996

JP/Zarina dossier acceptable

Zarina dossier acceptable JAKARTA (JP): The Jakarta Provincial Prosecutors' Office announced yesterday it had received and okayed the dossier on Ecstasy suspect Zarina.

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Wed, 18 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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Wed, 18 Dec 1996

JP/De Boer takes best play award

De Boer takes best play awardBy Djanwar Madjolelo Occasion: The Generali World Individual, Paris Dealer: South Vulnerable: All NORTH (S) 7 2 (H) J 5 3 (D) A J 5 4 (C) 9 8 7 6 WEST EAST(S) Q J 10 5 4 3 (S) K 6(H) K 10 9 8 ...

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Wed, 18 Dec 1996

JP/'Educated people also spread AIDS'

'Educated people also spread AIDS' JAKARTA (JP): An anti-AIDS campaigner laments the fact that highly-educated people irresponsibly continue to have unprotected casual sex with extramarital partners despite knowing they have contracted Acquired Immuno Deficiency Syndrome (AIDS).

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Wed, 18 Dec 1996

JP/Experts call for govt intervention to realize ideals

Experts call for govt intervention to realize ideals JAKARTA (JP): The undertaking to establish a more democratic economy calls for more government intervention in guaranteeing a fairer distribution of income, assets and access for all, a seminar concluded yesterday.

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Wed, 18 Dec 1996

JP/BII issues mutual funds

BII issues mutual funds JAKARTA (JP): BII Lend Lease Investment Services announced yesterday it would issue its first two local mutual funds tomorrow.The company expects to raise Rp 1.5 trillion (US$63 billion) from the funds, Super Saham and Superpundi Plus.

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Wed, 18 Dec 1996

JP/Netherlands blamed as haven for Ecstasy producers

Netherlands blamed as haven for Ecstasy producersBy K. Basrie AMSTERDAM, the Netherlands (JP): Certain countries in Europe are being blamed for the proliferation of Ecstasy, a "designer drug" that has seduced millions of youths around the globe.

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Wed, 18 Dec 1996

JP/Three Timorese jailed in Australia

Three Timorese jailed in Australia KUPANG, East Nusa Tenggara: Three people from the province are locked up in the West Australian town of Broome for allegedly helping aliens illegally enter Australia, a press report said yesterday.

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Wed, 18 Dec 1996

JP/Keep E. Timor out of local politics

Keep E. Timor out of local politicsBy Onghokham JAKARTA (JP): On the occasion of Bishop Carlos Felipe Ximenes Belo receiving the Nobel Peace Prize, for which we heartily congratulate him, some thoughts on East Timor are called for.The Portuguese have been in East Timor for a very long time.

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Wed, 18 Dec 1996

JP/Lawyers demand police apology

Lawyers demand police apology YOGYAKARTA: Fourteen senior lawyers are demanding police chief Lt. Gen. Dibyo Widodo apologize to them for a remark they consider slanderous.They are angry because Dibyo told the House of Representatives that they foiled the Dec.

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Wed, 18 Dec 1996

JP/Kodel Group to expand into services business

Kodel Group to expand into services business JAKARTA (JP): The diversified Kodel Group will expand into the hospitality, restaurant and sport businesses next year, making a total investment of Rp 63.7 billion (US$27 million).

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Wed, 18 Dec 1996

JP/Woman tortures maid to death

Woman tortures maid to death JAKARTA (JP): A maid was tortured to death by her employer Monday night in a house on Jl. Garden, Kebon Jeruk district, West Jakarta.West Jakarta Police Chief Lt. Col. Andi Chaeruddin said yesterday the employer, MUT, beat, Srini, 33, to death with a broom stick.

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Wed, 18 Dec 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program: Arena 123 3:30 TV Series: Just the Ten of Us 4:00 News: Lintasan Berita 4:05 TV Drama: Diantara Kita 4:30 Documentary Film 4:55 Filler and Trailer 5:00 Evening News 5:25 Travel: My ...

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Wed, 18 Dec 1996

JP/Metro opens pager plant

Metro opens pager plant JAKARTA (JP): PT Metro Media Raya, a subsidiary of PT Motorollain Corp, said yesterday it had spent about Rp 10 billion (US$4.2 million) building its pager factory in Pondok Cabe, South Jakarta.

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Wed, 18 Dec 1996

JP/Bad service angers mobile phone users

Bad service angers mobile phone users JAKARTA (JP): Cellular phones are all the rage but many people buy them without thinking of the problems they bring.

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Wed, 18 Dec 1996

JP/Maj. Gen. Hendro moves back to Jakarta

Maj. Gen. Hendro moves back to Jakarta JAKARTA (JP): Former Jakarta Military Commander Maj. Gen. Hendropriyono officially moved back to Jakarta yesterday, this time in a civilian outfit.

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Wed, 18 Dec 1996

JP/Real estate promotion

Real estate promotion Citra Indah Kota Nuansa Alam Timur, a developer, was holding a promotion drive at Pondok Indah Mall from Nov. 25 to Dec. 8, 1996. The event involved children between the ages of 8 and 10.

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Wed, 18 Dec 1996

JP/Army to build hotel

Army to build hotelJP/msa JAKARTA (JP): PT Wisma Kartika, a joint venture developer owned by army cooperative INKOPAD and private firm PT Luminary Prima, started building the US$200 million 40-story Westin Jakarta Hotel yesterday.

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Wed, 18 Dec 1996

JP/Ometraco forms venture

Ometraco forms venture JAKARTA (JP): General Accident Asia Ltd., formerly New Zealand Insurance, and PT Ometraco Arthaguna announced yesterday they would form a joint venture insurance company.They envisage the joint venture, PT Asuransi General Accident Ometraco, will begin operating on Jan.

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Wed, 18 Dec 1996

JP/IndosatNet spreads Internet service

IndosatNet spreads Internet service JAKARTA (JP): IndosatNet, owned by state telecommunication company Indosat, has launched its Internet service in Medan, Batam, Bandung, Semarang, Surabaya and Denpasar.

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Wed, 18 Dec 1996

JP/Car sales drop by 15 percent: Auto association

Car sales drop by 15 percent: Auto association JAKARTA (JP): Car sales between January and November this year dropped 15 percent on the same period of 1995, the Association of Indonesian Automotive Companies said yesterday.

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Wed, 18 Dec 1996

JP/Navy evicts foreign boats

Navy evicts foreign boats JAYAPURA, Irian Jaya: The Navy expelled 15 fishing boats flying the Chinese flag for entering Indonesian waters without the necessary documents Monday, the authorities said yesterday.

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Wed, 18 Dec 1996

JP/Late treatment main culprit in maternal mortality

Late treatment main culprit in maternal mortality JAKARTA (JP): Late medical treatment is one of the main reasons for Indonesia's high maternal mortality rate, a gynecologist said Monday.

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Wed, 18 Dec 1996

JP/4.9 kg of dried marijuana seized

4.9 kg of dried marijuana seized JAKARTA (JP): Police seized 4.9 kilograms of dried marijuana worth about Rp 10 million (US$4,291) Monday from minibus passengers in East Jakarta.East Jakarta Police Chief Lt. Col.

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Wed, 18 Dec 1996

JP/Sibling jailed for fraud

Sibling jailed for fraud JAKARTA (JP): The West Jakarta District Court jailed a businessman for one-and-a-half-years and his sister for six months yesterday after they were found guilty of fraud.

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Wed, 18 Dec 1996

JP/Internet helps journalists

Internet helps journalists JAKARTA: In this competitive information age, the Internet has become one of the most complete sources for journalists, authors of a book on the Internet said yesterday.

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Wed, 18 Dec 1996

JP/Scholars urge biosafety precautions

Scholars urge biosafety precautions JAKARTA (JP): Scholars questioned yesterday whether Indonesia was ready to face the repercussions of an oncoming era of genetic engineering, distant though the prospect may seem.

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Wed, 18 Dec 1996

JP/Bantul regent's involvement in mystical deal confirmed

Bantul regent's involvement in mystical deal confirmed JAKARTA (JP): The Ministry of Home Affairs yesterday slammed a Central Java regent for allegedly promising a local soothsayer Rp 1 billion (US$420,700) if he helped him get re-elected for a second term.

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Wed, 18 Dec 1996

JP/House members question Sudjana's appointments

House members question Sudjana's appointments JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana, who has been cleared by the President from the controversy over why he ordered a transfer of coal funds, was subject yesterday to another wave of tough questions from House members.

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Wed, 18 Dec 1996

JP/Minister defends RI's participation in info-tech deal

Minister defends RI's participation in info-tech deal JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo defended yesterday Indonesia's participation in a pact to liberalize trade on information technology products as the right move to protect its interests.

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Wed, 18 Dec 1996

JP/Govt to act on money laundering

Govt to act on money laundering JAKARTA (JP): The government wants to draft rules to stop money laundering, Bank Indonesia (the central bank) director Heru Soepraptomo said yesterday."Money laundering has been haunting our banking system," Heru told a seminar at the Jakarta Fairground.

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Wed, 18 Dec 1996

JP/Small industries in the regions

Small industries in the regions As the capital city of Indonesia, Jakarta is thought to be a place which promises a better livelihood for a newcomer. Many fortune seekers are dreaming of going to Jakarta, although they lack the skills that may be required for doing certain jobs.

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Wed, 18 Dec 1996

JP/Bogor residents protest over low compensation

Bogor residents protest over low compensation BOGOR, West Java (JP): Over 100 families from the Cibentang village in Bogor, 30 km south of Jakarta, protested Monday the low compensation they would get for their properties which they have to give up to make way for an electrical ...

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Wed, 18 Dec 1996

JP/Polgar, Utut draw first blind chess game

Polgar, Utut draw first blind chess game JAKARTA (JP): Hungarian Grandmaster Judith Polgar and Indonesia's GM Utut Adianto's first blind chess match ended in a draw yesterday.With the draw, Polgar leads Utut 3-2. They will play blind chess again today in the last of the six games of their duel.

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