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

Thu, 18 Jul 1996

JP/Influential notes still hover around bids

Influential notes still hover around bids JAKARTA (JP): Personal memorandums aimed at influencing selection in tenders are still widespread, a leader of the Association of Indonesian Builders said.

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Thu, 18 Jul 1996

JP/National car program to use S. Korean parts

National car program to use S. Korean parts JAKARTA (JP): South Korean component suppliers are in town to offer support for Indonesia's "national car" program, but their local partners, who have also pledged to back the program, say they had expected vendors with more advanced technology.A.

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Thu, 18 Jul 1996

JP/Oops, wrong target, man

Oops, wrong target, man BANDUNG (JP): Erie Satria lost his nerve and physical strength altogether yesterday on realizing that the woman he threatened at toy-gunpoint in a busy street was in fact an undercover police officer.

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Thu, 18 Jul 1996

JP/Income tax waived

Income tax waived When the five-year income tax holiday facility was abolished as part of the 1984 tax law reforms the Indonesian government persistently argued, in response to businessmen's complaints, that tax exemptions were not a primary factor influencing investment decisions.

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Thu, 18 Jul 1996

JP/Where to go in Bandung: July 18, 1996

Where to go in Bandung: July 18, 1996Music and entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m.

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Thu, 18 Jul 1996

JP/Merpati to fly thrice weekly to Melbourne

Merpati to fly thrice weekly to Melbourne JAKARTA (JP): Merpati Nusantara Airlines, a Garuda Indonesia subsidiary assigned to serve pioneering domestic routes, will fly thrice weekly to Melbourne beginning early next month by operating an aging airbus.

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Thu, 18 Jul 1996

JP/ASEAN Children's field trip starts

ASEAN Children's field trip starts JAKARTA (JP): A field trip involving 452 children from seven Southeast Asian countries started here yesterday and will last until July 24.

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Thu, 18 Jul 1996

JP/Nuclear power debate should involve public

Nuclear power debate should involve public JAKARTA (JP): Debates on whether the government should go ahead with its plan to build a nuclear power plant should include a well-informed public, which requires responsible media coverage, scholars said yesterday.

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Thu, 18 Jul 1996

JP/Water campaign needs law

Water campaign needs law JAKARTA (JP): The national campaign to save water is doomed to fail without adequate public awareness and participation, Minister of Agriculture Sjarifudin Baharsjah has warned.

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Thu, 18 Jul 1996

JP/Pasar Baru traders complain over rents

Pasar Baru traders complain over rents JAKARTA (JP): Traders operating at the Pasar Baru shopping center have reported the center's management to the city council for imposing unfair rents.

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Thu, 18 Jul 1996

JP/No mystery here

No mystery here Here comes another gutless (sic) hiding behind anonymity (Tedious, uninspired and tiresome, The Jakarta Post, July 16, 1996).

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Thu, 18 Jul 1996

JP/Ecstasy suspect on hunger strike

Ecstasy suspect on hunger strike DENPASAR, Bali: A man arrested for allegedly trafficking Ecstasy said he will go on a hunger strike until he gets back the money he lost when he was searched at the Ngurah Rai airport several weeks ago.

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Thu, 18 Jul 1996

JP/Jangling jingles

Jangling jingles The Walls' jingle was the subject of letters to The Jakarta Post by Mr. Babcock (July 4) and Mr. Hobman (July 16).

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Thu, 18 Jul 1996

JP/PDI should return to status quo: Suhardiman

PDI should return to status quo: Suhardiman JAKARTA (JP): The deputy chairman of the Supreme Advisory Council, Suhardiman, suggested yesterday that the government break the impasse of the rival leadership within the Indonesian Democratic Party (PDI), by returning to the status quo.

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Thu, 18 Jul 1996

JP/The right to speak

The right to speak I would like to make some remarks on the "unnamed" writer's letter (The Jakarta Post, July 16, 1996: Tedious, uninspired and tiresome.)* I believe that nobody compels "unnamed" to read my letters. When he gets the paper, he could make a first "quality selection".

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Thu, 18 Jul 1996

JP/Tri Polyta's profit drops

Tri Polyta's profit drops JAKARTA (JP): PT Tri Polyta Indonesia reported a 24 percent decrease in its net profit to Rp 15 billion (US$6.4 million) for the second quarter of this year from Rp 19.8 billion in the same period of last year.

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Thu, 18 Jul 1996

JP/Conducive culture a must for fine arts

Conducive culture a must for fine artsBy Tri Aru Wiratno JAKARTA (JP): The recent Asian Fine Arts Exhibition organized by the Japan Foundation has works on display from Indonesia, the Philippines and Thailand that represent typical modernism set against cultural and religious backgrounds.

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Thu, 18 Jul 1996

JP/ASEAN draft communique in progress

ASEAN draft communique in progress JAKARTA (JP): Senior officials of the Association of Southeast Asian Nations (ASEAN) began finalizing the draft of the joint communique to be issued at a ministerial meeting here this weekend.

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Thu, 18 Jul 1996

JP/Ujungpandang hosts Arafura Games

Ujungpandang hosts Arafura Games JAKARTA (JP): About 600 athletes from 10 eastern provinces and several athletes from Australia's Northern Territory will compete in the seventh Arafura Youth Games from July 27 to Aug. 2 in Ujungpandang, South Sulawesi.

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Thu, 18 Jul 1996

JP/Flying in safety

Flying in safety I would like to share an eye-opening experience I had with Garuda Indonesia. On June 28, 1996 I had to leave suddenly for Singapore as my husband was having emergency surgery there.

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Thu, 18 Jul 1996

JP/City urged to be subtle in Ecstasy raids

City urged to be subtle in Ecstasy raids JAKARTA (JP): Disco owners say they support the official drug crackdown but would prefer that raids were conducted by stealth with reliable intelligence, without TV cameramen.

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Thu, 18 Jul 1996

JP/Adi's dismissal case receives more apposition

Adi's dismissal case receives more apposition JAKARTA (JP): Chief Justice Soerjono's insistence on firing Deputy Chief Justice for General Crimes Adi Andojo Soetjipto met with further strong public opposition yesterday.

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Thu, 18 Jul 1996

JP/The last of Indonesia's Olympians leave for U.S.

The last of Indonesia's Olympians leave for U.S. JAKARTA (JP): Indonesia embarked on its grueling passage to Olympic glory at Atlanta yesterday with a team heavily relying on its badminton players.

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Thu, 18 Jul 1996

JP/RI veterans head ASEAN bridge meet

RI veterans head ASEAN bridge meet JAKARTA (JP): The Henky Lasut and Eddy Manoppo duo will again lead Indonesia's charge in this year's Association of Southeast Asian Nations (ASEAN) interclub bridge championships in Bangkok, Thailand, in October.

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Thu, 18 Jul 1996

JP/Humpuss Aromatic needs no protection

Humpuss Aromatic needs no protection JAKARTA (JP): PT Humpuss Aromatik, a subsidiary of the politically well-connected Humpuss Group, said yesterday it would not seek government protection provided that no dumping practices occur.The company's president, R.

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Thu, 18 Jul 1996

JP/Istante line mixes fluorescent fun with smart chic

Istante line mixes fluorescent fun with smart chicBy Parvathi Nayar Narayan JAKARTA (JP): Istante is not, as is often assumed, a second line for the Gianni Versace label but a brand that stands on its own. The other popular misconception is that it is designed by Donatella Versace.

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Thu, 18 Jul 1996

JP/East Timor's integration

East Timor's integration How much time is needed for the process of integration to be completed? Twenty years is considered long enough if statistics are the yardstick.

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Thu, 18 Jul 1996

JP/E. Timor enjoys its 20th anniversary

E. Timor enjoys its 20th anniversary DILI, East Timor (JP): The local residents celebrated their 20th year of integration with Indonesia yesterday while the provincial government reaffirmed its commitment to greater development.

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Thu, 18 Jul 1996

JP/Residents protest PLN

Residents protest PLN TANGERANG, West Java (JP): Residents in the Karawaci housing complex complained to the local branch of the state-owned electricity company PLN about arbitrary power cuts for street lights.

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Thu, 18 Jul 1996

JP/KL executive dies of exhaustion

KL executive dies of exhaustion MEDAN, South Sumatra: A Malaysian tourist was found dead in a room of Hotel Parapat of the Simalungun district on Tuesday.The deceased, Tech Chin Gee, 20, a supervisor at a large Malaysian company, was in the hotel to attend a meeting in the tourist town of Parapat.

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Thu, 18 Jul 1996

JP/Tri Polyta's profit drops

Tri Polyta's profit drops JAKARTA (JP): PT Tri Polyta Indonesia reported a 24 percent decrease in its net profit to Rp 15 billion (US$6.4 million) for the second quarter of this year from Rp 19.8 billion in the same period of last year.

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Thu, 18 Jul 1996

JP/Stock Exchange

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

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Thu, 18 Jul 1996

JP/Resources sector should not be held to JSX trading rules

Resources sector should not be held to JSX trading rules JAKARTA (JP): The rules for listing on the Jakarta Stock Exchange should contain an exception for resources companies if they are to be encouraged to list their shares on the capital market, analysts said yesterday.

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Thu, 18 Jul 1996

JP/Farmers lose battle with worms

Farmers lose battle with worms BREBES, Central Java: For several weeks now hundreds of hectares of onion farms in the Tegal and Brebes regencies have been plagued with worms locally called ulat grayak.Around 40 percent of the crop to be harvested from some 600 hectares of land are worm-infested.

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Thu, 18 Jul 1996

JP/Police still in the dark about killings of boys

Police still in the dark about killings of boys JAKARTA (JP): After days of investigations, police said yesterday they were still in the dark about the recent killings of eight boys who were believed to have been sodomized.

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Thu, 18 Jul 1996

JP/ASEAN supports Vietnam for APEC

ASEAN supports Vietnam for APEC JAKARTA (JP): ASEAN states are giving fellow member Vietnam an approving nod in its bid to win support to join the Asia Pacific Economic Cooperation (APEC) forum.

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Thu, 18 Jul 1996

JP/ASEAN Burma policy not working

ASEAN Burma policy not working The first anniversary of Aung San Suu Kyi's release from house detention has signaled the end of a 12-month period in which little appears to have changed in Burma.

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Thu, 18 Jul 1996

JP/RI's Utut beats China's Ye to keep hopes alive

RI's Utut beats China's Ye to keep hopes alive JAKARTA (JP): Indonesia's number one chess player, grandmaster Utut Adianto kept his hopes of winning the BNI international chess tournament here alive when he beat his Chinese opponent Ye Jiangchuan on the 37th move yesterday.

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Thu, 18 Jul 1996

JP/Campaign fund for Golkar enrages PPP leader

Campaign fund for Golkar enrages PPP leader JAKARTA (JP): The Central Java branch of the Indonesian Builders Association's scheme to raise funds to help finance election campaigns of the ruling Golkar organization has enraged United Development Party (PPP) leaders.

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Thu, 18 Jul 1996

JP/Mondatory reforestation fees ruling reviewed

Mondatory reforestation fees ruling reviewed JAKARTA (JP): Mandatory reforestation fees and forest royalties must now be paid by forest concessionaires unless the concessionaires are integrated with wood-processing plants, Forestry Minister Djamaludin Suryohadikusumo says.

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Thu, 18 Jul 1996

JP/Property demand stable during second quarter

Property demand stable during second quarter JAKARTA (JP): The demand for all types of property was stable even though average office rents rose 1.3 percent in the second quarter of this year, property consultants from PT Procon Indah/Jones Land Wootton said yesterday.

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Thu, 18 Jul 1996

JP/Where to go in Jakarta: July 18, 1996

Where to go in Jakarta: July 18, 1996Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, nightly except Sundays, from 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl.

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Thu, 18 Jul 1996

JP/Danareksa launches open-end mutual funds

Danareksa launches open-end mutual funds JAKARTA (JP): PT Danareksa Fund Management (DFM) launched yesterday three packages of open-end mutual funds worth nearly Rp 1.5 trillion (US$640 million).

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Thu, 18 Jul 1996

JP/TV Program: Thursday, July 18, 1996

TV Program: Thursday, July 18, 1996TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Family Matters 3:00 News: Lintasan Berita 3:05 Music 3:30 Travels: France 4:00 News: Lintasan Berita 4:05 Science Film: Here Comes The Stars: Milton Berle 4:30 Sport 5:00 Evening News 5:30 Arabic ...

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Thu, 18 Jul 1996

JP/Russia's Middle East role

Russia's Middle East role Russian observers are very interested in (Egyptian) Foreign Minister Amr Moussa's visit to Moscow, where he will meet with senior Russian diplomats and decisionmakers.

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Thu, 18 Jul 1996

JP/Malaysian gets 4 years in jail

Malaysian gets 4 years in jail JAKARTA (JP): The Central Jakarta District Court yesterday sentenced Malaysian G. Charanjit Singh, alias Gian Singh, 27, to four years in jail after finding him guilty of killing his female companion, Wati, at the Sahid Jaya Hotel on Oct. 15 last year.

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Thu, 18 Jul 1996

JP/Motorcycles thieves nabbed

Motorcycles thieves nabbed JAKARTA (JP): Police have apprehended a gang of motorcycle thieves in the Kemayoran district of Central Jakarta.Central Jakarta Police Lt. Col. Abubakar Nataprawira said yesterday that the thieves are identified as Don, 18, Moh, 21, and Ras, 22.

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Thu, 18 Jul 1996

JP/Errant military personnel warned

Errant military personnel warned JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sutiyoso said that he would take stern action against military personnel found frequenting or working at entertainment establishments."It's a breach of the law.

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Thu, 18 Jul 1996

JP/Local govt criticized for rioting in Nabire

Local govt criticized for rioting in Nabire JAKARTA (JP): President Soeharto blamed the Paniai administration yesterday for the recent rioting that saw thousands of job seekers take to the streets in the Irian Jaya regency.

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