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

Thu, 12 Sep 1996

JP/Police force hit by acute sickness, Kusparmono says

Police force hit by acute sickness, Kusparmono says JAKARTA (JP): A retired police general believes that the recent extortion allegedly committed by a police subprecinct chief is a reflection of an acute sickness in the corps.

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Thu, 12 Sep 1996

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 11, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 12 Sep 1996

JP/RI's bureaucracy the worst in ASEAN: Survey

RI's bureaucracy the worst in ASEAN: Survey JAKARTA (JP): Bureaucracy remains the top headache for Japanese manufacturers operating in Indonesia, while other ASEAN countries have apparently managed to reduce red tape, according to a survey.

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Thu, 12 Sep 1996

JP/CEPA told to set power price below 6.45 U.S. cents

CEPA told to set power price below 6.45 U.S. cents JAKARTA (JP): State-owned electricity company PLN says it refuses to buy electricity from PT Consolidated Electric Power Asia's (CEPA) planned Tanjung Jati B power station if it costs more than 6.45 U.S. cents per kilowatt hour (kWh).

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Thu, 12 Sep 1996

JP/Green dominates Fortun's lush landscapes

Green dominates Fortun's lush landscapesBy Parvathi Nayar Narayan JAKARTA (JP): It is practically impossible not to notice the color green at the exhibition of paintings by Ignacio Fortun at the Spanish Embassy.

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Thu, 12 Sep 1996

JP/Yayuk leads Yogyakarta to gold

Yayuk leads Yogyakarta to gold JAKARTA (JP): World number 29 Yayuk Basuki inspired Yogyakarta to the gold medal after a rain-interrupted women's tennis team final against East Java in the 14th National Games yesterday.

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Thu, 12 Sep 1996

JP/Audio video expo attractive

Audio video expo attractive JAKARTA (JP): Much larger crowds than expected have attended the first two days of a nine-day exhibition on audio and video electronic devices here.

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Thu, 12 Sep 1996

JP/BI acts to cool down economy

BI acts to cool down economy JAKARTA (JP): Bank Indonesia announced an expansion of the intervention band to 8 percent and a rise in the minimum reserve requirement to 5 percent yesterday in a surprising move to reduce speculative trading and to cool down the overheated economy.

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Thu, 12 Sep 1996

JP/Malaysian firms eye Penang-Dumai bridge project

Malaysian firms eye Penang-Dumai bridge project JAKARTA (JP): Minister of Public Works Radinal Moochtar said yesterday that several investors from Malaysia have announced their intention to invest in the construction of a bridge to connect Penang in Malaysia and Dumai in Riau province.

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Thu, 12 Sep 1996

JP/'House Supermarket' to be launched

'House Supermarket' to be launched JAKARTA (JP): A private company will soon set up a "House Supermarket", which it describes as an audio-visual medium to promote and market real estate in Greater Jakarta.

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Thu, 12 Sep 1996

JP/In Yeltsin's absence

In Yeltsin's absence After all the dodging and deception about Boris Yeltsin's health, it is refreshing to get some candor from the Russian leader. He announced last week that he needs heart surgery and plans an operation later this month.

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Thu, 12 Sep 1996

JP/Baby dies after getting anti-polio vaccine

Baby dies after getting anti-polio vaccine TANGERANG, West Java (JP): The obsession with targets in the national anti-polio drive is said to be the reason behind the attitude of health officials who prioritized vaccine administration over the condition of a very sick baby.

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Thu, 12 Sep 1996

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * 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, 12 Sep 1996

JP/Constructive criticism

Constructive criticism No doubt many readers of The Jakarta Post, tired of constant strife in the world news, turn to the sports pages first when they open the newspaper. I do this too, when something exciting happens in my favorite sports.

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Thu, 12 Sep 1996

JP/Brokers barred from ID card process

Brokers barred from ID card process JAKARTA (JP): A deputy governor said yesterday the administration will no longer permit brokers to help people applying for ID cards, and asked all mayoralty and district officials to improve their services to the public.

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Thu, 12 Sep 1996

JP/Software piracy

Software piracy Violation of intellectual property rights are making software developers lose billions of dollars right? Wrong. Software piracy is helping companies win billions.

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Thu, 12 Sep 1996

JP/China has no qualms about RI war games

China has no qualms about RI war games JAKARTA (JP): China is not upset with the big military exercise currently being conducted by Indonesia in the Natuna Islands, Indonesia's Armed Forces Chief Gen. Feisal Tanjung said yesterday.Feisal said Beijing's position was stated by Gen.

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Thu, 12 Sep 1996

JP/BI, Bapepam prepare merger ruling

BI, Bapepam prepare merger ruling JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono said yesterday that the central bank and the Capital Market Supervisory Agency (Bapepam) are preparing a regulation to facilitate mergers between publicly-listed banks.

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Thu, 12 Sep 1996

JP/'Post' becomes 'past'

'Post' becomes 'past' Of late, there is an inordinate delay in delivery of The Jakarta Post. Delivery is often erratic. Previously, we used to get the Post delivered at home at least before office hours. It's no longer the case now. Another subscriber-friend of mine concurs with this view.

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Thu, 12 Sep 1996

JP/TV today

TV todayTVRI 10:00 a.m. Sports Games (PON) Report from the National Sports Stadium (live) 12:00 p.m. Travel: My Country 12:05 TV Series: Family Matters 12:30 Dance Performance 1:00 Travel: Last Frontier 1:30 Science Film: Here Comes the Stars 2:00 Women's World 2:30 Sports Games (PON) ...

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Thu, 12 Sep 1996

JP/AFTA Council fails to resolve rice liberalization problems

AFTA Council fails to resolve rice liberalization problems JAKARTA (JP): Trade ministers from the seven members of the Association of Southeast Asian Nations (ASEAN) failed yesterday to find common ground on the timetable for the liberalization of sensitive farm products.

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Thu, 12 Sep 1996

JP/Officials support Soeharto's call for indoor campaigns

Officials support Soeharto's call for indoor campaigns JAKARTA (JP): President Soeharto's call for reform of the rules on election campaigns received support from senior government and military figures yesterday.

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Thu, 12 Sep 1996

JP/Anti-polio drive exceeds target

Anti-polio drive exceeds target JAKARTA (JP): The polio immunization drive exceeded 100 percent of its target here Tuesday, an official at the city's health agency said.The drive vaccinated 969,833 children, five years and under, or 101.

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Thu, 12 Sep 1996

JP/Indonesia-Malaysia talks on island row deadlocked

Indonesia-Malaysia talks on island row deadlocked JAKARTA (JP): Minister of Foreign Affairs Ali Alatas conceded yesterday that negotiations with Malaysia to settle the status of two small islands off East Kalimantan have reached a deadlock.

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Thu, 12 Sep 1996

JP/Jakarta pulls away in medal race

Jakarta pulls away in medal race JAKARTA (JP): Host Jakarta broke away for a commanding lead in the medal race as the 14th National Games (PON) stepped up the pace with more records yesterday.

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Thu, 12 Sep 1996

JP/Housewife stabbed by guest

Housewife stabbed by guest TANGERANG, West Java (JP): The police have arrested an unemployed man for stabbing his friend's wife, after she asked him to vacate her house which he had been living in for two months.

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Thu, 12 Sep 1996

JP/Cellular phone use to increase steadily

Cellular phone use to increase steadily JATILUHUR, West Java (JP): The government's plan to license more operators in the next few years, coupled with the decrease of handset prices, will help maintain the high growth of cellular telecommunications services until 2000, an executive said.

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Thu, 12 Sep 1996

JP/Campus paper editor sacked

Campus paper editor sacked SEMARANG: Diponegoro University rector Muladi has discharged Darmanto Jatman from his position as chief editor of the university's monthly newspaper, Manunggal.

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Thu, 12 Sep 1996

JP/Two more die on toll road

Two more die on toll road BEKASI, West Java (JP): The driver and a passenger of a Toyota Kijang van died at 3:00 a.m. yesterday when the van tipped over on the Cikampek-Jakarta toll road in Bekasi Timur.A local police officer said a blow-out is believed to have caused the accident.

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Thu, 12 Sep 1996

JP/'Holland misunderstood on Ecstasy'

'Holland misunderstood on Ecstasy' SERANG, West Java (JP): Dutch Minister of Health, Welfare and Sports E. Borst-Eilers says many Indonesians mistakenly cite Holland as a manufacturing source of Ecstasy, the drug which has become the cause of much concern in Indonesia.

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Thu, 12 Sep 1996

JP/Where to go in Bandung:

Where to go in Bandung:Music 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. to 11:30 p.m.

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Thu, 12 Sep 1996

JP/Whose House is it?

Whose House is it? In the next few days, the country's three political organizations will be finalizing their lists of candidates for the 1997 general election.

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Thu, 12 Sep 1996

JP/Police question tribal leader

Police question tribal leader MANOKWARI, Irian Jaya: Amungme tribal leader Tom Beanal has been questioned about the Aug. 14 kidnapping of employees of a logging company, PT Kamundan Raya, in Timika subdistrict.

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Thu, 12 Sep 1996

JP/Dynaplast sets up venture

Dynaplast sets up venture JAKARTA (JP): PT Dynaplast, a publicly-listed producer of plastics and electric wire, announced yesterday that it signed a joint venture agreement with Cubic Co. Ltd. of Japan and PT Karya Agung Alexander Motor to produce printing plastics.

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Thu, 12 Sep 1996

JP/Hotel reservations canceled

Hotel reservations canceled I made reservations for two rooms at the Hotel Chedi Bandung for the night of Sept. 7, through its reservation office in Jakarta. The booking was confirmed.Just before leaving Jakarta for Bandung, I called the hotel and spoke with the front office staff.

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Thu, 12 Sep 1996

JP/Mahuse bids farewell with bronze medal

Mahuse bids farewell with bronze medal JAKARTA (JP): Frans Mahuse of West Java ended his javelin career with a bronze medal yesterday as the 14th National Games track and field competition started with a new meet record in the men's 110m hurdles.Mahuse threw 62.

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Thu, 12 Sep 1996

JP/Texmaco's profit up 45%

Texmaco's profit up 45% JAKARTA (JP): PT Texmaco Jaya said yesterday that it booked a net profit of Rp 29 billion (US$12 million) in the first six months of this year, an increase of 45 percent over the same period last year.

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Thu, 12 Sep 1996

JP/Soerjadi questioned again about the July 27 riots

Soerjadi questioned again about the July 27 riots JAKARTA (JP): The government-recognized chief of the Indonesian Democratic Party (PDI), Soerjadi, was questioned yesterday at the Attorney General's Office on the July 27 riots.Soerjadi arrived at the office at 9 a.m. without his lawyers.

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Thu, 12 Sep 1996

JP/'Greater Jakarta needs ministerial level authority'

'Greater Jakarta needs ministerial level authority' JAKARTA (JP): Jakarta, Bekasi, Bogor and Tangerang need one governor, with a ministerial level authority, to face future challenges, former state environment minister Emil Salim said.

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Thu, 12 Sep 1996

JP/Sempati Air responds

Sempati Air responds Allow us to reply to a letter in The Jakarta Post (Aug. 25) under the title Sempati's Tiring Route sent in by Mr. Basar Aye Sibuea.We quite understand the disappointment of Mr. Sibuea's wife during the Medan-Banjarmasin flight SG 501 on Aug. 17.

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Thu, 12 Sep 1996

JP/Lampung wight lifters maintain winning run

Lampung wight lifters maintain winning run JAKARTA (JP): Lampung lived up to its billing as the producer of the country's weight lifting cream in the 14th National Games yesterday, and Jambi benefited from it.

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Thu, 12 Sep 1996

JP/Banks' combined profits surge by 35% to $1.95b

Banks' combined profits surge by 35% to $1.95b JAKARTA (JP): The combined net profits of the country's 240 commercial banks rose by 35 percent to Rp 4.63 trillion (US$1.95 billion) last year from Rp 3.42 trillion in 1994, according to Bank Indonesia Governor J. Soedradjad Djiwandono.

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Thu, 12 Sep 1996

JP/ASEAN fails to get U.S. to sign SEANWFZ treaty

ASEAN fails to get U.S. to sign SEANWFZ treatyBy Meidyatama Suryodiningrat BATAM ISLAND, Riau (JP): ASEAN has again failed in its attempt to get the United States to sign the protocol of the Southeast Asian Nuclear Weapons Free Zone (SEANWFZ) treaty despite claims that Washington supports such a ...

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Thu, 12 Sep 1996

JP/Senior official tried for aiding in Tansil's escape

Senior official tried for aiding in Tansil's escape JAKARTA (JP): A senior official at the Cipinang penitentiary went on trial yesterday in the East Jakarta District Court for helping in the escape of businessman Eddy Tansil last May.

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Thu, 12 Sep 1996

JP/'Vessels of Life' documents Lombok earthenware

'Vessels of Life' documents Lombok earthenwareBy Diana Darling LOMBOK, West Nusa Tenggara (JP): Most people who still have to carry water on their heads prefer to use a lightweight plastic bucket that costs a dollar rather than an earthenware vessel that costs three.

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Thu, 12 Sep 1996

JP/Cambodian amnesty bid

Cambodian amnesty bid The haste with which Cambodian leader Hun Sen is moving to secure an amnesty for Khmer Rouge leader Ieng Sary is in striking contrast to the long wait for justice for the victims of the Killing Fields.

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