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

Tue, 11 Nov 1997

JP/Pollution-related illnesses baffle health workers

Pollution-related illnesses baffle health workers JAKARTA (JP): The medical community's lack of knowledge about the health hazards associated with air pollution makes it difficult to promote a clean air program, an expert said yesterday.

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Tue, 11 Nov 1997

JP/Pupuk Kaltim keeps title

Pupuk Kaltim keeps title SURABAYA (JP): The pretournament favorite Pupuk Kaltim team, led by world star Denny Sacul, retained the Pahlawan Cup bridge title after beating the Sekayu team 51-28 in the final at the Satelite hotel here Sunday night.

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Tue, 11 Nov 1997

JP/Deutsche, BII sign deal

Deutsche, BII sign deal JAKARTA (JP): The Deutsche Bank and Bank Internasional Indonesia (BII) of Sinar Mas Group announced yesterday that they had signed an agreement to launch a charge card "db-Visa Gold" for selected Deutsche Bank clients in Indonesia later this month.

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Tue, 11 Nov 1997

JP/Astra sales rise but profit falls

Astra sales rise but profit falls JAKARTA (JP): Publicly listed automaker PT Astra International announced a 4 percent decline in its consolidated net profit yesterday to Rp 326.89 billion (US$99.05 million) in the first three quarters this year from Rp 340.

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Tue, 11 Nov 1997

JP/Government pulls plug on live House broadcast

Government pulls plug on live House broadcast JAKARTA (JP): A planned live TV broadcast from the House of Representatives (DPR) of Minister of Finance Mar'ie Muhammad's explanation on the economic reform package, was abruptly canceled yesterday after the government intervened.

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Tue, 11 Nov 1997

JP/Tn. Abang vendors 'must be llegalized'

Tn. Abang vendors 'must be llegalized' JAKARTA (JP): The municipality must legalize street vendors operating in the overcrowded Tanah Abang market in Central Jakarta to simplify control and supervision of the area, councilors said yesterday.

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Tue, 11 Nov 1997

JP/Bus passenger stabbed to death by students

Bus passenger stabbed to death by students JAKARTA (JP): A bus passenger died Sunday after being stabbed by a group of high school students who extorted money from him at the Senen Bus Terminal in Central Jakarta on Saturday.

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Tue, 11 Nov 1997

JP/Army to have new spokesman

Army to have new spokesman JAKARTA (JP): Indonesia's military attache at the embassy in Bangkok, Col. I Gde Putu Arya, has been named as Army spokesman replacing Brig. Gen. Robik Mukav.Army Chief of Staff Gen.

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Tue, 11 Nov 1997

JP/Why are women in power harder than men?

Why are women in power harder than men?By Gwynne Dyer Ladies and gentlemen, I stand before you tonight in my red chiffon evening gown, my face softly made up, my fair hair gently waved...the Iron Lady of the Western World.

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Tue, 11 Nov 1997

JP/Over 1,000 workers dismissed

Over 1,000 workers dismissed SEMARANG, Central Java: More than 1,000 workers have been dismissed in recent weeks in Central Java due to the tough economic situation currently facing many companies.

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Tue, 11 Nov 1997

JP/Trial to unveil supervision failure

Trial to unveil supervision failure The government's recent move to liquidate 16 insolvent banks has raised concerns. Economist Kwik Kian Gie looks at the consequences of the move in this article. JAKARTA (JP): Bank liquidations are always followed by prolonged problems.

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Tue, 11 Nov 1997

JP/Arun's LNG exports reach 169 million tons

Arun's LNG exports reach 169 million tons JAKARTA (JP): PT Arun LNG Co in North Aceh has exported at least 169 million tons of liquefied natural gas (LNG) since its first shipment in 1978, Antara reported yesterday.

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Tue, 11 Nov 1997

JP/TV Program: Tuesday, Nov. 11, 1997

TV Program: Tuesday, Nov. 11, 1997TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Education Program: Kuliah Universitas Terbuka 4:00 Regional News 4:30 Teenager's Drama: Ika dan Tika 5:00 English ...

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Tue, 11 Nov 1997

JP/Restart of some projects 'will not undermine reform'

Restart of some projects 'will not undermine reform' JAKARTA (JP): The government said yesterday the resumption of projects previously postponed or reviewed would not undermine governmental efforts to tackle the currency crisis.

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Tue, 11 Nov 1997

JP/Edible oil maker gets $30m loan

Edible oil maker gets $30m loan JAKARTA (JP): Publicly listed cocoa and edible oil producer PT Cahaya Kalbar has secured a US$30 million syndicated loan from local and foreign banks.

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Tue, 11 Nov 1997

JP/Remote control

Remote control Formula One -- it is not what it used to be. We used to have first class drivers fighting hard to win. Ayrton Senna used to discipline rookies, such as Eddie Irvine, by punching him in the boxes.

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Tue, 11 Nov 1997

JP/Environment minister needs 'greater power'

Environment minister needs 'greater power' JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja said yesterday that whoever fills his post in the next cabinet should be given greater power to deal with environmental problems.

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Tue, 11 Nov 1997

JP/Corruption in Asia and Africa

Corruption in Asia and Africa In the name of journalism, every Tom, Dick and Harry can write nonsense about Africa in order to claim a few dollars from a newspaper. I am referring to an inadequately researched article in The Jakarta Post of Nov.

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Tue, 11 Nov 1997

JP/Pattimura University fights to save 'mermaids'

Pattimura University fights to save 'mermaids'By John Mayaut MALUKU (Antara): A warning has been sounded for the dugong, also called sea cows, the gentle mammal of the Pacific Ocean which may have been the mermaid of fisherman's lore.

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Tue, 11 Nov 1997

JP/JSP to sell 50m shares

JSP to sell 50m shares JAKARTA (JP): Publicly listed property developer PT Jakarta Setiabudi Property (JSP) will sell 50 million new shares, or 9.33 percent of its enlarged common stocks, to the public later this year, the company announced yesterday.

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Tue, 11 Nov 1997

JP/Why the difference in price?

Why the difference in price? On Nov. 4, 1997, I made a special trip to Hero supermarket to buy an iron and rice cooker that were promoted through the store's magic stamps. I, instead, ended up buying nothing.

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Tue, 11 Nov 1997

JP/Responding to crisis in N. Korea

Responding to crisis in N. Korea LONDON: The Democratic People's Republic of Korea (DPRK) is experiencing a severe economic crisis with famine prevailing in some parts of the country.

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Tue, 11 Nov 1997

JP/Mangga Dua traders confront City Council

Mangga Dua traders confront City Council JAKARTA (JP): Traders of Mal Mangga Dua in West Jakarta visited the City Council yesterday, complaining about the unfair treatment of the shopping mall's management.

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Tue, 11 Nov 1997

JP/Assembly regularly makes mistakes, law expert says

Assembly regularly makes mistakes, law expert says JAKARTA (JP): The People's Consultative Assembly is not supposed to establish decrees during its five-yearly general session, a constitutional law expert said over the weekend.

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Tue, 11 Nov 1997

JP/Morning flights out of Medan canceled

Morning flights out of Medan canceled MEDAN, North Sumatra: Garuda Indonesia has temporarily canceled all morning flights from Medan to Jakarta because of the haze covering the Polonia Airport in Medan, Antara said.The airlines had virtually canceled both scheduled morning flights -- at 8.40 a.

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Tue, 11 Nov 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 10, 1997: --------------------------------------------------------- Shares Close Change Trading Volume ...

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Tue, 11 Nov 1997

JP/Banks 'closed by proper procedures'

Banks 'closed by proper procedures' JAKARTA (JP): The government will not review the closure of 16 insolvent banks because the measure was taken according to proper procedures, Minister of Finance Mar'ie Muhammad asserted yesterday.

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Tue, 11 Nov 1997

JP/Two die of AIDS related illnesses

Two die of AIDS related illnesses SEMARANG: Two people with Acquired Immune Deficiency Syndrome (AIDS) in Central Java have died, the chief of the province's health office said.Both were women who had worked as prostitutes, Sri Astuti Suparmanto told Antara.

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Tue, 11 Nov 1997

JP/RI to send bowlers to World Cup

RI to send bowlers to World Cup JAKARTA (JP): The Indonesian Bowling Association is send Lily Suhaimi and Gatot Aryo Nugroho, the 19th SEA Games silver medalists, to the 33rd AMF Bowling World Cup in Cairo from Nov. 15 to Nov. 22.Association chairman Oke F.

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Tue, 11 Nov 1997

JP/Haj instructors reject city's selection process

Haj instructors reject city's selection process JAKARTA (JP): About 2,000 haj instructors staged a rally yesterday, demanding that the municipality revoke its decision to numerically select Jakarta pilgrims.

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Tue, 11 Nov 1997

JP/Riau relocates heroes' remains

Riau relocates heroes' remains PEKANBARU, Riau: Authorities exhumed the bodies of 18 freedom fighters from various cemeteries and gave them a proper heroes burial, complete with military ceremony, at the Kusuma Bhakti Cemetery in Pekanbaru yesterday, Antara reported.

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Tue, 11 Nov 1997

JP/Where to go in Jakarta: Tuesday, Nov. 11, 1997

Where to go in Jakarta: Tuesday, Nov. 11, 1997Exhibitions * Painting Exhibition: Breakaway 1995 by Maud Van Der Lely, Vajaraporn Sukanich, Miryung Muir, Jeannette Bijlmer, at KOI Gallery Restaurant, Jl. Mahakam I/2, Souty Jakarta, daily, 11 a.m. to 11 p.m., until Nov. 16.

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Tue, 11 Nov 1997

JP/30 racers take part in Mesran junior rally

30 racers take part in Mesran junior rally JAKARTA (JP): Fifteen drivers are set to take part in the Mesran junior rally from Bandung to Jakarta on Nov. 16.

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Tue, 11 Nov 1997

JP/Local contractors face bleak future

Local contractors face bleak future JAKARTA (JP): Contractors in the country face a gloomy outlook, as the lack of growth in the property sector could leave many businesses idle for at least the next two years, the Indonesian Association of Contractors has said.

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Tue, 11 Nov 1997

JP/BDNI expects higher amount of loan defaults

BDNI expects higher amount of loan defaults JAKARTA (JP): Publicly listed PT Bank Dagang Nasional Indonesia (BDNI) expects a higher amount of loan defaults this year due to the country's economic crisis.

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Tue, 11 Nov 1997

JP/Three arrested for theft at Grand Hyatt

Three arrested for theft at Grand Hyatt JAKARTA (JP): Three men have been arrested for allegedly attempting to steal dozens of packs of cigarettes and bottles of imported liqueur from the bar of a five-star hotel in Central Jakarta.City police spokesman Lt. Col. E.

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Tue, 11 Nov 1997

JP/New rates set for tax payment

New rates set for tax payment JAKARTA (JP): The government announced yesterday new official conversion rates as the basis for payment of import duty, value added tax on goods and services, sales tax on luxury goods, export tax and income tax.According to the Minister of Finance Decree no. 555/KMK.

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Tue, 11 Nov 1997

JP/Cutline

CutlineHeroes DayJP/alx President Soeharto congratulates Ratna Djoeami (center) who received the Mahaputera Utama medal on behalf of her foster mother the late Inggit Garnasih first wife of former President Sukarno.Inggit married Sukarno in Bandung, West Java, in 1923.

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Tue, 11 Nov 1997

JP/Envoy's attacker may get jail term

Envoy's attacker may get jail term JAKARTA (JP): A prosecutor urged the Central Jakarta District Court yesterday to sentence a homeless man to two years and five months in jail for extorting money from Palestinian Authority Ambassador Ribhi Awad.

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Tue, 11 Nov 1997

JP/PDI urges strengthening of Supreme Court

PDI urges strengthening of Supreme Court JAKARTA (JP): The minority faction Indonesian Democratic Party (PDI) insisted yesterday that the People's Consultative Assembly give the Supreme Court the judicial right to review laws.

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Tue, 11 Nov 1997

JP/U.S. versus Iraq

U.S. versus Iraq What started initially as a row between the United Nations and Iraq on the question of international arms inspection has turned into a conflict essentially between Washington and Baghdad.

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Tue, 11 Nov 1997

JP/Polish doctor drowns in Bali

Polish doctor drowns in Bali DENPASAR, Bali: A Polish doctor drowned at Kuta Beach in Bali, Antara reported yesterday.An official at the Denpasar General Hospital identified the man as Pawlicki Walderma Gerhard, a former director of the Warsaw Hospital."The body has been embalmed in the morgue.

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Tue, 11 Nov 1997

JP/Indonesia unprepared for major natural disaster

Indonesia unprepared for major natural disaster JAKARTA (JP): President Soeharto said yesterday that Indonesia does not have the scientific and technological know-how to face severe natural disasters, such as the widespread brush and forest fires and warned that such calamities could compromise ...

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Tue, 11 Nov 1997

JP/Two married men wanted for rape

Two married men wanted for rape TANGERANG (JP): Local detectives are searching for two married men who allegedly attacked and raped two teenage maids here."I've instructed the detectives to pursue the two suspects, who might have fled from the city," Tangerang Police chief Lt. Col.

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Tue, 11 Nov 1997

JP/10,000 jobs on the line, official says

10,000 jobs on the line, official says JAKARTA (JP): Some 50 companies have asked the government for permission to dismiss 10,000 employees because of economic difficulties caused by the monetary crisis and forest fires, a senior Ministry of Manpower official said yesterday.

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Tue, 11 Nov 1997

JP/Siregar may lead RI's Asian Games task force

Siregar may lead RI's Asian Games task force JAKARTA (JP): Sports consultant Mangombar Ferdinand Siregar has been tipped to chair the task force to decide which sports Indonesia will compete in at the 13th Asian Games in Bangkok next December.

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Tue, 11 Nov 1997

JP/Obituary

Obituary Bachrum S. Harahap, the assistant of the Coordinating Minister of Production and Distribution for bilateral and multilateral cooperation, passed away yesterday morning at the age of 59.

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