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

Sat, 21 Dec 1996

JP/Hayono heads IABA

Hayono heads IABA JAKARTA (JP): The Indonesian Association of British Alumni (IABA) has elected State Minister of Youth Affairs and Sports Hayono Isman as chairman for a second consecutive three-year term.

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Sat, 21 Dec 1996

JP/LBH lashes out at govt for tight grip on courts

LBH lashes out at govt for tight grip on courts JAKARTA (JP): A prominent legal aid office lashed out at the government yesterday for its tight grip on the country's courts.

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Sat, 21 Dec 1996

JP/Rudini joins debate over Bantul regent

Rudini joins debate over Bantul regent JAKARTA (JP): The public scrutiny of Bantul regent Col. Sri Roso Sudarmo for his alleged use of public money to fund a transaction with a local soothsayer continued yesterday with former home affairs minister Rudini taking his turn to speak out.

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Sat, 21 Dec 1996

JP/Asian golfers shine at Volvo Matchplay

Asian golfers shine at Volvo Matchplay JAKARTA (JP): China's number one golfer Zhang Lian-wei justified his billing yesterday as the number one player in Asia at the Emeralda Golf and Country Club after charging through to the semifinals of the Volvo Asian Matchplay.

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Sat, 21 Dec 1996

JP/Putra Alvita gets Rp 265b loan

Putra Alvita gets Rp 265b loan JAKARTA (JP): PT Putra Alvita Pratama, the developer of Legend City in Bekasi, West Java, secured a Rp 265 billion (US$111 million) syndicated loan yesterday from nine banks and a financial institution.Putra Alvita president M.S.

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Sat, 21 Dec 1996

JP/Extra ships sent to ease Merak congestion

Extra ships sent to ease Merak congestion JAKARTA (JP): The Ministry of Transportation is sending another ship and the Navy is lending three warships to ease massive congestion at Merak ferry port.

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Sat, 21 Dec 1996

JP/Peru: Deja Vu all over again

Peru: Deja Vu all over againBy Gwynne Dyer LONDON (JP): Four predictions about the hostage-taking at the Japanese embassy in Lima:1) The Tupac Amaru guerrillas will not kill anybody. After the first 48 hours, hostage-takers rarely do.

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Sat, 21 Dec 1996

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Animated Classic 3:00 News: Lintasan Berita 3:10 Soccer: Kansas League -- Bandung Raya vs Persijatim (live) 5:00 News: Siaran Berita TVRI 5:25 Travel: My Country 5:30 Environment Program: Mengenal Lingkungan 6:00 News: ...

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Sat, 21 Dec 1996

JP/Female parking attendant fights against heavy odds

Female parking attendant fights against heavy oddsBy Ida Indawati Khouw JAKARTA (JP): Protecting herself from the rain with an umbrella, Nunung ran to collect the fee from an outgoing car at the parking lot of which she is the parking attendant.

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Sat, 21 Dec 1996

JP/Police smash supermarket theft ring, arrest nine

Police smash supermarket theft ring, arrest nine JAKARTA (JP): Police have smashed two supermarket theft syndicates arresting nine people for stealing goods worth Rp 6 billion (US$2.57 million).The chief of the City Police Detectives, Col.

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Sat, 21 Dec 1996

JP/Taylor returns to Australia with good memories

Taylor returns to Australia with good memories JAKARTA (JP): Outgoing Australian Ambassador Allan Taylor is returning to Canberra today, ending a four-year term as head of one of Jakarta's largest embassies."I enjoyed it very much.

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Sat, 21 Dec 1996

JP/Motorcycle thief shot dead

Motorcycle thief shot dead JAKARTA (JP): Police shot dead a man yesterday and arrested his friend for allegedly stealing a motorcycle on Jl. Tabanas Simponi, Kelapa Gading, North Jakarta.North Jakarta Police Chief Lt. Col. Rismawan said M.

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Sat, 21 Dec 1996

JP/Santa Fe strikes oil

Santa Fe strikes oil JAKARTA (JP): Santa Fe Energy Resources of the United States announced here yesterday it had discovered another oil reserve in Jabung Block, part of its 7,000-square-kilometer concession in South Sumatra.

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Sat, 21 Dec 1996

JP/Horseracing on Mother's Day

Horseracing on Mother's Day JAKARTA (JP): More than 70 horses from 11 provinces are to take part in a race at the Pulomas horsetrack, East Jakarta, tomorrow.Prize money worth Rp 12 million is at stake in the day of racing held to commemorate Mother's Day.

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Sat, 21 Dec 1996

JP/Golkar expected to sweep elections

Golkar expected to sweep elections JAKARTA (JP): The dominant Golkar faction, with the support of the civil service and armed forces, will sweep the May general election and gain more than two-thirds of the ballot, a political scientist predicted yesterday.J.

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Sat, 21 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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Sat, 21 Dec 1996

JP/Yayuk to appear on TV talk-show

Yayuk to appear on TV talk-show JAKARTA (JP): Indonesia's tennis queen Yayuk Basuki, world ranked 30, is to appear in a special talk-show, Malam Bintang Yayuk Basuki on Indosiar tomorrow at 9.30 p.m.Yayuk, who celebrated her 26th birthday on Nov.

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Sat, 21 Dec 1996

JP/Improved reading habits urged

Improved reading habits urged JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro called yesterday for people to promote the joy of reading as part of the efforts to create a better-educated society.

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Sat, 21 Dec 1996

JP/McDonald's responds

McDonald's responds We refer to the letter from Yunita P (Dec. 18, 1996) under the heading McDonald's double cheeseburger.Thank you for writing to let us know about your recent experience at the McDonald's in Pondok Indah (Dwima Area) and the McDonald's in Melawai.

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Sat, 21 Dec 1996

JP/Soeharto warns of export growth slowdown

Soeharto warns of export growth slowdown JAKARTA (JP): President Soeharto warned yesterday about slowing export growth and the widening current account deficit.

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Sat, 21 Dec 1996

JP/Bimantara's net profit surges in first 9 months

Bimantara's net profit surges in first 9 months JAKARTA (JP): The widely diversified Bimantara group reported a Rp 95.9 billion (US$41.34 million) net profit for the first nine months of this year, up 18 percent on the same period last year.

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Sat, 21 Dec 1996

JP/Mobutu must go

Mobutu must go An American State Department official was quoted as saying, all by himself, without first consulting an opinion poll: "The level of concern is significant. This is a situation that will not lend itself to external prescription."Not to be outdone, the insightful Richard Bogosian, Mr.

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Sat, 21 Dec 1996

JP/'Middle class not socially concerned'

'Middle class not socially concerned' JAKARTA (JP): Jakarta's middle class does not have a sufficient level of social awareness which could empower them to improve the city's public services, a sociologist says.

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Sat, 21 Dec 1996

JP/'I love Mondays' at Taman Anggrek

'I love Mondays' at Taman Anggrek JAKARTA (JP): The Taman Anggrek Mall has announced that big discounts and prizes are now available every Monday.Shops are offering discounts until Idul Fitri, scheduled to fall on Feb. 9 and Feb. 10.Roni S.

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Sat, 21 Dec 1996

JP/Govt submits bill on futures trading

Govt submits bill on futures trading JAKARTA (JP): The government finally submitted its long- awaited bill on futures commodity trading yesterday to the House of Representatives.

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Sat, 21 Dec 1996

JP/Gorbachev's works on display in Bali

Gorbachev's works on display in Bali DENPASAR: Russian artist Yuri Gorbachev, a cousin of former Soviet Union president Mikhail Gorbachev, is exhibiting his paintings at the Ganesha Gallery, Hotel Four Seasons Resort, Bali.Gorbachev's exhibition started Monday and will continue until Jan. 15.

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Sat, 21 Dec 1996

JP/Consortium formed for Cawang-Bekasi road

Consortium formed for Cawang-Bekasi road JAKARTA (JP): State toll road company PT Jasa Marga and four local companies agreed yesterday to form a consortium to build the Rp 1.4 trillion (US$593.2 million) Cawang-Bekasi toll road in the city's east.

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Sat, 21 Dec 1996

JP/Fate of Mandra

Fate of Mandra I felt sad when watching the Si Doel Anak Sekolahan show (Doel a school boy) on Dec. 16, 1996. I felt sorry for Mandra.

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Sat, 21 Dec 1996

JP/Fireworks at Sentul circuit

Fireworks at Sentul circuit JAKARTA (JP): Tomorrow's Get Lucky Drag Race will be accompanied by a fireworks display to end this year's program at the Sentul circuit near Bogor, an organizer said.

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Sat, 21 Dec 1996

JP/'Endangered Species' risks alienating audience

'Endangered Species' risks alienating audienceBy Mariam K. Sutalaksana JAKARTA (JP): A patchwork of hysteria embroidered with sexual innuendoes, slapstick comedy and a stitch of music, dance and acrobatics would most rightfully illustrate the opening performance by The Kosh last Thursday night at ...

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Sat, 21 Dec 1996

JP/Majority of candidates endorsed

Majority of candidates endorsed JAKARTA (JP): The National Election Committee approved the provisional list of 2,293 legislature candidates for next year's general election yesterday after rejecting 257 -- or 10 percent -- of the nominees proposed by the three official political groupings.

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Sat, 21 Dec 1996

JP/Support grows but questions remain on wealth tax decree

Support grows but questions remain on wealth tax decree JAKARTA (JP): Businesspeople, legislators and analysts have come out in support of President Soeharto's decree that rich people pay 2 percent of their after-tax incomes to help the poor, but wonder how the government will implement it.

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Sat, 21 Dec 1996

JP/Arson suspected cause of slum fires over last 2 years

Arson suspected cause of slum fires over last 2 years JAKARTA (JP): Arson is suspected to be the cause of a spate of fires in slum areas over the past two years, a Jakarta Legal Aid Institute (LBH) lawyer said yesterday.

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Sat, 21 Dec 1996

JP/Six 'Gurita'-sinking suspects to stand trial Tuesday

Six 'Gurita'-sinking suspects to stand trial Tuesday JAKARTA (JP): Two of six people allegedly responsible for the Gurita ferry accident that killed more than 300 people in Aceh in January are to be tried in a local court on Dec. 24 and Dec. 26.

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Sat, 21 Dec 1996

JP/Quality of SQ service

Quality of SQ service I was a Raffles class passenger on flight SQ860 from Singapore to Hong Kong on Nov. 12, 1996. I fell asleep as soon as I got settled in my seat, and woke up due to the noise when brunch was being served. I then went to the toilet, and was shortly back in my seat reading.

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Sat, 21 Dec 1996

JP/East Timor students stage counter rally

East Timor students stage counter rally YOGYAKARTA (JP): About 100 East Timorese students in this ancient city staged a counter rally yesterday in response to Monday's pro-integration demonstration in Jakarta.

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Sat, 21 Dec 1996

JP/RI doctors prefer foreign medicines

RI doctors prefer foreign medicines JAKARTA (JP): Indonesian doctors believe that medicines produced by foreign pharmaceutical companies are more effective than those locally made, a survey finds.

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Sat, 21 Dec 1996

JP/Lombok workers ripped off

Lombok workers ripped off MATARAM, West Nusa Tenggara: Local workers returning from abroad are subject to extortion by thugs and corrupt officials, a press report said yesterday.

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Sat, 21 Dec 1996

JP/Soerjadi ignores street protests against him

Soerjadi ignores street protests against him JAKARTA (JP): The government-recognized chief of the Indonesian Democratic Party (PDI), Soerjadi, downplayed the mounting street demonstrations against him yesterday.

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Sat, 21 Dec 1996

JP/People pray for the military

People pray for the military JAKARTA (JP): More than 200 Betawi people (indigenous Jakartans) performed prayers during Friday service at the Al Bahri mosque, East Jakarta, yesterday for the safety of troops assigned to keep order and security in the city.

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Sat, 21 Dec 1996

JP/Never give up

Never give up "Never, Never, Never Give Up" -- Isn't it an interesting topic? Well, recently, I was privileged to listen to an inspiring lecture on this subject by a philosopher-mentor-humanist from India, the great Dada J.P. Vaswani.

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Sat, 21 Dec 1996

JP/Utut to face GM Anand

Utut to face GM Anand JAKARTA (JP): Indonesia's number one chess player GM Utut Adianto is scheduled to face GM Viswanathan Anand of India in a special duel."Utut performance was very impressive during his duel with Hungarian GM Judith Polgar.

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Sat, 21 Dec 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 20, 1996: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,000 0 ...

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Sat, 21 Dec 1996

JP/Nusa Tenggara urged back to sea

Nusa Tenggara urged back to sea KUPANG, East Nusa Tanggara: Governor Herman Musakabe called on the people yesterday to turn back to the sea to earn their living as President Soeharto had earlier suggested.

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Sat, 21 Dec 1996

JP/Andrian, Suwandi to contest Masters final

Andrian, Suwandi to contest Masters final JAKARTA (JP): Indonesia's top players Andrian Raturandang and Suwandi are to meet in the final of the 1996 BNI Indonesia Masters tomorrow for the title of the country's best player.

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Sat, 21 Dec 1996

JP/Untangling Merak jam

Untangling Merak jam Stories of starving truck drivers begging for food, and drivers abandoning their trucks for lack of money are not the only horrendous tales coming out of Merak.

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Sat, 21 Dec 1996

JP/Kudos for Yogya's police

Kudos for Yogya's police An important piece of news has come to us from Yogyakarta. Yesterday (Wednesday), police released Dwi Sumadji, who was being held as the sole suspect in the killing of Fuad Muhammad Syafruddin (Udin).

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Sat, 21 Dec 1996

JP/Soldiers punished for stealing wood

Soldiers punished for stealing wood JAMBI, Jambi: Local military chief Col. Istarto said yesterday he has taken punitive action against nine soldiers for their roles in illegal logging operations.

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Sat, 21 Dec 1996

JP/Indocement, unions ink pacts

Indocement, unions ink pacts JAKARTA (JP): Publicly listed cement producer PT Indocement Tunggal Prakasa amended yesterday its work condition agreements with its All-Indonesia Workers Union Federation internal unit.

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