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

Wed, 08 Jan 1997

JP/RI to enjoy fruit of investment

RI to enjoy fruit of investmentBy Suhadi Mangkusuwondo JAKARTA (JP): The growth of Indonesia's Gross Domestic Product is greatly influenced by two factors: climatic conditions and government policies.

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Wed, 08 Jan 1997

JP/Malaysia should fight racism

Malaysia should fight racism It was really only a question of time before the influx into Malaysia of workers from its poorer neighbors began to have side effects.

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Wed, 08 Jan 1997

JP/New chicken chain a welcome surprise

New chicken chain a welcome surpriseBy John Aglionby JAKARTA (JP): Indonesia's insatiable appetite for fast food shows no sign of being satisfied.

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Wed, 08 Jan 1997

JP/Food labeling system prone to manipulation

Food labeling system prone to manipulation SURABAYA (JP): The government's plan to appoint a private company to issue halal (permitted in Islam) and non-halal labels on food, beverages, medicine and cosmetic products has baffled many.Among them is Dr.

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Wed, 08 Jan 1997

JP/Udin declared Hero of Indonesian Journalism

Udin declared Hero of Indonesian Journalism YOGYAKARTA (JP): A non-governmental organization named slain journalist Fuad Muhammad Syafruddin the Hero of the Indonesian Journalism Monday, for his commitment to unveiling truth through investigative reporting.

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Wed, 08 Jan 1997

JP/Body found in swamp

Body found in swamp JAKARTA (JP): Police believe a decomposed lower body found by a cleaner in Tangerang, 26 km west of Jakarta, Sunday morning, was a local resident who had been missing for three months.Jakarta Police Chief Maj. Gen.

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Wed, 08 Jan 1997

JP/Johnson bears no grudge against Indonesian govt

Johnson bears no grudge against Indonesian govt JAKARTA (JP): NBA living legend Earvin "Magic" Johnson said on his arrival here yesterday that he bore no grudge against the Indonesian government."No it wasn't hard feelings.

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Wed, 08 Jan 1997

JP/Corn production expected to rise to 9.2m tons

Corn production expected to rise to 9.2m tons JAKARTA (JP): Domestic corn production is projected to increase to 9.2 million tons this year, up from around 8.9 million tons last year.Minister of Agriculture Sjarifudin Baharsjah said Monday the area of hybrid corn crops would more than double to 1.

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Wed, 08 Jan 1997

JP/Timber supply shortage may threatens forests, says NGO

Timber supply shortage may threatens forests, says NGO JAKARTA (JP): This year's expected timber supply shortage will further threaten domestic forestry sustainability, according to a non-governmental organization.

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Wed, 08 Jan 1997

JP/Satelindo plans to spend $296m on expansion

Satelindo plans to spend $296m on expansion JAKARTA (JP): Private telecommunications operator PT Satelindo plans to invest Rp 900 billion (about US$296.5 million) this year mainly to expand its global system for mobile communication (GSM) mobile cellular and satellite services.

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Wed, 08 Jan 1997

JP/Transmigration policy for Irian under attack

Transmigration policy for Irian under attack JAKARTA (JP): The transmigration minister and an environmentalist were up in arms yesterday over the government's resettlement policy in Irian Jaya.

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Wed, 08 Jan 1997

JP/City needs more parks

City needs more parks JAKARTA (JP): Only five percent of Jakartans live in apartments, hindering attempts to provide more green areas for a better environment, Governor Surjadi Soedirdja said Monday.

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Wed, 08 Jan 1997

JP/77,000 families resettled

77,000 families resettled BANDAR LAMPUNG, Lampung: Over the past decade, the province has resettled over 77,000 farmers who had occupied protected forests, a local senior official said yesterday.Chief of the provincial office of transmigration Jogjapratono said the farmers were moved from the Mt.

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Wed, 08 Jan 1997

JP/'9,600 tons of beef needed for Ramadhan'

'9,600 tons of beef needed for Ramadhan' JAKARTA (JP): The City Husbandry Agency has predicted Jakarta will need more than 9,625 tons of fresh meat, or at least 44,450 head of cattle, for the fasting month of Ramadhan and Idul Fitri festivities.

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Wed, 08 Jan 1997

JP/Haryanto seeded 3rd in Taipei Open

Haryanto seeded 3rd in Taipei Open JAKARTA (JP): Former national number one shuttler Haryanto Arby is seeded third in the Chinese Taipei Open, the opening Grand Prix of the year, despite carrying an injury.

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Wed, 08 Jan 1997

JP/Poor definition allows violations against women

Poor definition allows violations against women JAKARTA (JP): Violations against women will continue until campaigners abandon their patriarchal interpretations of human rights which disregard women's rights.

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Wed, 08 Jan 1997

JP/Clever defense

Clever defenseBy Djanwar R. Modjolelo JAKARTA (JP): Bruce Ferguson and his partner got to a good slam on this Spingold Knockout Team 1996 deal, but perfect defense on the part of Peter Weischel turned a likely gain into a major loss.

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Wed, 08 Jan 1997

JP/Two hurt in clash over cable installation

Two hurt in clash over cable installation JAKARTA (JP): Another two local residents were seriously injured during another clash between police officers and protesters of an installation of high-voltage electric cables yesterday.The clash which started at 5 a.m.

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Wed, 08 Jan 1997

JP/Well-educated but unemployed

Well-educated but unemployed MATARAM, West Nusa Tenggara: About 6,000 university graduates are unemployed, according to the local manpower office.Moch. Chodjin said the local job market could absorb only seven percent of college graduates every year.

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Wed, 08 Jan 1997

JP/Endorsement of PDI candidates protested

Endorsement of PDI candidates protested JAKARTA (JP): Hundreds of supporters of the overthrown leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri demonstrated outside the General Election Institute yesterday protesting the endorsement of a list of legislature ...

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Wed, 08 Jan 1997

JP/Satellite insurance seminar

Satellite insurance seminar JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo), a private telecommunications operator, will hold a satellite insurance seminar tomorrow to encourage the country's insurance industry to move into satellite insurance.

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Wed, 08 Jan 1997

JP/Subway project to start April if decree issued

Subway project to start April if decree issued JAKARTA (JP): Construction of the Mass Rapid Transit (MRT) project would start in April although the presidential decree for the project was yet to be issued, TB. M. Rais, the vice governor of Economic and Development Affairs said yesterday.

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Wed, 08 Jan 1997

JP/Poaching rife in SE Sulawesi

Poaching rife in SE Sulawesi KENDARI, Southeast Sulawesi: Angered by reports about the poaching of endangered animals, Governor La Ode Kaimoeddin has ordered strict control over private guns.

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Wed, 08 Jan 1997

JP/1997/98 budget too conservative, says economist

1997/98 budget too conservative, says economist JAKARTA (JP): The revenue target in the draft 1997/1998 state budget is too conservative because the government has many ways to increase its revenue, a noted economist said yesterday.

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Wed, 08 Jan 1997

JP/200 vehicles fail emission tests

200 vehicles fail emission tests JAKARTA (JP): Two hundred of 300 vehicles failed an emission test at a temporary testing station set up on Jl. Kebon Sirih, Central Jakarta yesterday.

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Wed, 08 Jan 1997

JP/Sutiyoso takes hard line on errant subordinates

Sutiyoso takes hard line on errant subordinates JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sutiyoso vowed yesterday to take stern action against errant military personnel caught working for entertainment centers.

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Wed, 08 Jan 1997

JP/Sports council seeks cooperation

Sports council seeks cooperation JAKARTA (JP): The chairman of the Indonesian Sports Council has called on four sports organizations to share their experience of success with other organizations.

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Wed, 08 Jan 1997

JP/Hashimoto won't bring up national car complaint

Hashimoto won't bring up national car complaint JAKARTA (JP): Despite lodging an international complaint over Indonesia's national car project, Japan's envoy to Jakarta yesterday said Prime Minister Ryutaro Hashimoto would not bring up the issue in Friday's meeting with President Soeharto.

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Wed, 08 Jan 1997

JP/Soeharto inaugurates cooperative diary farm

Soeharto inaugurates cooperative diary farm JAKARTA (JP): President Soeharto inaugurated yesterday a cooperative dairy farm in Bogor, some 50 kilometers south of here.

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Wed, 08 Jan 1997

JP/Harsh penalties for footballers

Harsh penalties for footballers JAKARTA (JP): Local footballers who refuse to join the national team for this year's SEA Games will be given harsh punishments, secretary of the All-Indonesian Football Federation said.

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Wed, 08 Jan 1997

JP/Six drowned in E. Nusa Tenggara

Six drowned in E. Nusa Tenggara KUPANG, East Nusa Tenggara: Typoon Phil claimed at least six lives in East Nusa Tenggara as it swept through eastern Indonesia in late December, an official said yesterday.

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Wed, 08 Jan 1997

JP/IT products may boost efficiency of banks: Experts

IT products may boost efficiency of banks: Experts JAKARTA (JP): The application of information technology in the banking industry will help improve the banking system's efficiency, experts said yesterday.

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Wed, 08 Jan 1997

JP/Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 7, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,000 ...

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Wed, 08 Jan 1997

JP/RI cyclists eye 10 SEAG golds

RI cyclists eye 10 SEAG golds JAKARTA (JP): Indonesia is targeting eight to 10 of the 16 gold medals on offer in this year's SEA Games (SEAG) cycling here, an official from the Indonesian Cycling Association said.

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Wed, 08 Jan 1997

JP/Sarwata's 5-point plan gets mixed reaction

Sarwata's 5-point plan gets mixed reactionBy Sugianto Tandra JAKARTA (JP): Legal experts gave mixed reviews over Chief Justice Sarwata's five-point plan to improve the Supreme Court's image, but all agreed such a task would be an uphill battle.

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Wed, 08 Jan 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday, Sunday, 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday, 7:15 p.m. to 411 p.m.

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Wed, 08 Jan 1997

JP/TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program: Gita Wicara 3:30 TV Series: Perfect Strangers 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, 08 Jan 1997

JP/PT Kiani Kertas to begin pulp production soon

PT Kiani Kertas to begin pulp production soon JAKARTA (JP): The new pulp firm PT Kiani Kertas, a subsidiary of the Kalimanis Group owned by Indonesia's timber baron Mohammad 'Bob' Hasan, expects to start making pulp in April.Company president Machnan R.

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Wed, 08 Jan 1997

JP/Spotlight

SpotlightSpotlight A: SlidesJP/byiILLUMINATIONS: Adila Suwarmo (left), chairperson of Lontar Foundation, presents a series of slides and a book titled Illuminations to Mastini Hardjoprakoso, head of the National Library, at the library.

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Wed, 08 Jan 1997

JP/Govt criticized for not involving MUI in 'halal' labeling plan

Govt criticized for not involving MUI in 'halal' labeling planBy Sri Wahyuni JAKARTA (JP): The government is expected to announce a decree on food product labeling this month but it is deplorable that such a long-awaited decree is likely to be issued without the involvement of the Indonesian ...

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Wed, 08 Jan 1997

JP/Semen Gresik raises output

Semen Gresik raises output JAKARTA (JP): Publicly listed PT Semen Gresik's cement production rose 13.8 percent to 9.4 million tons last year from 8.2 million tons in 1995.

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Wed, 08 Jan 1997

JP/Firm line up for futures bourse

Firm line up for futures bourse JAKARTA (JP): The futures commodity exchange, which is expected to open here early next year, will involve about 25 brokerage companies, a senior trade official said yesterday.

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Wed, 08 Jan 1997

JP/'1997 a tough year for RI diplomacy'

'1997 a tough year for RI diplomacy' JAKARTA (JP): Indonesian Foreign Minister Ali Alatas predicts 1997 will be a tough year for Indonesian diplomacy with Nobel laureate Ramos Horta continuing to dredge up the East Timor issue and "Indonesia-bashing" becoming a popular sport among ...

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Wed, 08 Jan 1997

JP/Score card for the 1997/1998 budget

Score card for the 1997/1998 budgetBy Mari Pangestu President Soeharto on Monday proposed increasing the state budget 11.6 percent for the 1997/1998 fiscal year at the House of Representatives.

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Wed, 08 Jan 1997

JP/Mastermind behind riots almost caught, says Gen. Feisal

Mastermind behind riots almost caught, says Gen. Feisal JAKARTA (JP): The authorities have almost collected enough evidence to arrest the alleged mastermind behind the recent riots that shook East and West Java, Armed Forces Chief Gen. Feisal Tanjung said in Yogyakarta yesterday.

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Wed, 08 Jan 1997

JP/Our external balance

Our external balance Pressures on the balance of payments remain a major challenge to sustainable economic growth in Indonesia. According to official projections for fiscal 1997/1998 year, the balance of non-oil trade will, for the third consecutive time, end up with a deficit.

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Wed, 08 Jan 1997

JP/State-owned Inhutani I posts $13.86m in pretax profits

State-owned Inhutani I posts $13.86m in pretax profits JAKARTA (JP): State-owned forestry firm PT Inhutani I reaped a pretax profit of Rp 31.88 billion (US$13.86 million) last year, more than double its pretax profit for 1995, company president Abdoel Fattah said yesterday.

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Wed, 08 Jan 1997

JP/500,000 homeless as Jakarta faces housing needs

500,000 homeless as Jakarta faces housing needs JAKARTA (JP): The capital has a hard time meeting housing needs with around 500,000 homeless people, a housing agency official said.

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