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

Thu, 10 Apr 1997

JP/Construction work hampers shooting training program

Construction work hampers shooting training program JAKARTA (JP): The SEA Games shooting team has stopped training at the Senayan range because the athletes village underground parking lot is being built next to it.

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Thu, 10 Apr 1997

JP/Aseam Bank's ex-director testifies

Aseam Bank's ex-director testifies JAKARTA (JP): A retired director of a private bank has testified that his bank had been used by five defendants on trial for a Rp 7 billion (US$2.9 million) fraud.

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Thu, 10 Apr 1997

JP/Middle class apartment market seen promising

Middle class apartment market seen promising JAKARTA (JP): A developer said it would build more apartments for the middle class as it was a rapidly growing market.

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Thu, 10 Apr 1997

JP/The 1997 poll: A cultural event?

The 1997 poll: A cultural event?By Arief Budiman SALATIGA, Central Java (JP): On May 29, Indonesia will have not one, but two general elections. The first one will be run by the government. The second one will be run by the people. Let me elaborate.

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Thu, 10 Apr 1997

JP/Komodo Airways: Fun lair with a heart

Komodo Airways: Fun lair with a heart It's not often that a restaurant gets its inspiration from such a preposterously ugly creature like the komodo. You just have to agree that the slimy gigantic lizard you see protruding from one side of the Atlet Century Senayan Hotel doesn't inspire much ...

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Thu, 10 Apr 1997

JP/BDNI launches Visa card

BDNI launches Visa card JAKARTA (JP): Bank Dagang Nasional Indonesia (BDNI), a publicly listed commercial bank, has launched the BDNI Visa Gold and Classic credit cards with an issuing target of 75,000 cards this year.

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Thu, 10 Apr 1997

JP/Many students lose uniforms, books in Sawah Besar fire

Many students lose uniforms, books in Sawah Besar fire JAKARTA (JP): Many children whose homes were destroyed in the Sawah Besar fire in Central Jakarta cut school as their books, uniforms and money had gone up in smoke.

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Thu, 10 Apr 1997

JP/ABRI faces dilemma in quelling unrest

ABRI faces dilemma in quelling unrest SURABAYA (JP): The Indonesian Armed Forces (ABRI) admitted to experiencing self-doubt when it had to immediately quell social unrest in various parts of the country."We find this dilemmatic," admitted Armed Forces Chief of Sociopolitical Affairs Lt. Gen.

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Thu, 10 Apr 1997

JP/Tunas improves liquidity

Tunas improves liquidity JAKARTA (JP): The founders of publicly-listed PT Tunas Ridean will sell 14.5 million shares or 15.6 percent of the company to the public to improve the stock's liquidity.

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Thu, 10 Apr 1997

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), 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.

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Thu, 10 Apr 1997

JP/Balinese observe Nyepi with usual tolerance

Balinese observe Nyepi with usual tolerance JAKARTA (JP): The Balinese observed Nyepi day, the Hindu Day of Silence, yesterday without light and avoiding all activities.Nyepi day, this year 1919 in the Saka (Hindu) calendar, is when the faithful reflect on their actions of the year before.

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Thu, 10 Apr 1997

JP/BBI told to stop making hoes

BBI told to stop making hoes JAKARTA (JP): President Soeharto has asked state-owned engineering company PT Boma, Bisma, Indra (BBI) to stop producing hoes to avoid a direct competition with small companies.

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Thu, 10 Apr 1997

JP/Political tension seen as no problem

Political tension seen as no problem JAKARTA (JP): The warming political situation ahead of the general election will not have a big impact on foreign businesses in Indonesia, observers have said.

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Thu, 10 Apr 1997

JP/Indolink's services cover 85% of Java

Indolink's services cover 85% of Java JAKARTA (JP): Nationwide beeper operator PT Indolink First Pacific announced Tuesday that it now covered 85 percent the Java island, after finding that people were attracted to use beepers with wide coverage.

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Thu, 10 Apr 1997

JP/Minister Joop Ave opens 5-star Gran Melia Jakarta

Minister Joop Ave opens 5-star Gran Melia Jakarta JAKARTA (JP): Spanish hotel chain Sol Melia's first grade hotel in Asia, Gran Melia Jakarta, has become fully operational.

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Thu, 10 Apr 1997

JP/New palm oil plantation

New palm oil plantation JAKARTA (JP): State-owned PT Perkebunan Nusantara (PTPN) XIV will develop 110,000 hectares of palm oil plantations in South, Central and Southeast Sulawesi at a cost of Rp 1.5 trillion (US$638.3 billion).

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Thu, 10 Apr 1997

JP/Villagers live 7 years under demolition threat

Villagers live 7 years under demolition threat JAKARTA (JP): Forty-three Bali families have been living for seven years under the threat of having their homes demolished, because they are opposed to the building of a kindergarten in their temple grounds.

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Thu, 10 Apr 1997

JP/Learning from Pekalongan

Learning from Pekalongan On Sunday, April 6, renewed rioting hit the town of Pekalongan. Earlier riots occurred in the same town from March 24 to March 26. The case of Pekalongan is noteworthy because it was clearly linked to the upcoming general election, and should teach us a few useful things.

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Thu, 10 Apr 1997

JP/Andrian to defend his WBF title

Andrian to defend his WBF title JAKARTA (JP): Indonesia's Andrian Kaspari is undergoing intensive training as he prepares to defend his World Boxing Federation bantamweight title against Siam Yuthtnakorn here on April 17."I only had 10 days rest after I captured the WBF title on March 22.

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Thu, 10 Apr 1997

JP/Eight arrested in fresh riot in Pekalongan

Eight arrested in fresh riot in Pekalongan PEKALONGAN, Central Java (JP): Fresh riots erupted here early Tuesday when an angry mob attacked the housing complex of local government officials, police said yesterday.Pekalongan police chief Col.

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Thu, 10 Apr 1997

JP/Councilor queries limit on supporters

Councilor queries limit on supporters JAKARTA (JP): A councilor said the election rule limiting supporters at a campaign site to only those living in the mayoralty was absurd.Sahala P.

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Thu, 10 Apr 1997

JP/Komodo population on increase

Komodo population on increase KUPANG, East Nusa Tenggara: The population of Indonesia's protected Komodo dragons has risen to between 325 to 350, the latest surveys say.

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Thu, 10 Apr 1997

JP/Shot policeman's family may sue police force

Shot policeman's family may sue police force JAKARTA (JP): The family of a policeman shot dead by fellow officers said they would bring the case to court if police accusations of the victim proved wrong.The father of the late Second Sgt.

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Thu, 10 Apr 1997

JP/Updated folded map at bookstores

Updated folded map at bookstores JAKARTA (JP): Cartographer Gunther W. Holtorf has updated the folded version of the city map, following his 85-page 1997/1998 road directory.The map is now for sale at bookstores for Rp 13,000, and does not include areas around Jakarta.

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Thu, 10 Apr 1997

JP/Election jitters

Election jitters With 17 days remaining in the countdown to the election campaign, the country is already gripped with election fever.

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Thu, 10 Apr 1997

JP/Art Events

Art EventsExhibition: Jendela, Mitra Hadiprana, Jl. Kemang Raya 30, South Jakarta.April 5 to April 19 1997The flamboyant architectural and interior designs of the Graha Cipta Hadiprana firm is documented in this exhibition, staged in the firm's own Mitra Hadiprana, a boutique mall in Kemang.

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Thu, 10 Apr 1997

JP/Six killed and five injured in E. Timor ambush

Six killed and five injured in E. Timor ambush DILI (JP): Separatist rebels have killed six people and critically injured five in two separate ambushes near Viqueque, about 200 kilometers east of here Monday, the military said yesterday.Col.

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Thu, 10 Apr 1997

JP/Aussie envoy visits E. Timor

Aussie envoy visits E. Timor DILI, East Timor: The first secretary to the Australian Ambassador to Indonesia, Bassim Blazey, praised the East Timor administration Monday for its efforts to maintain political stability ahead of the May 29 general election.

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Thu, 10 Apr 1997

JP/Quotas worry foreign banks

Quotas worry foreign banks JAKARTA (JP): Foreign banks have said they will find it hard to comply with the ruling on small-business credit quotas because they have trouble assessing small companies.

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Thu, 10 Apr 1997

JP/Bad honey

Bad honey In early March, I shopped for our household goods at Naga Supermarket in Pondok Gede, Bekasi, as is my usual habit.I bought three bottles of honey bearing the trade mark Ratu Madu (Queen of Honey) produced by Batu Tirta, Bandung, West Java.

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Thu, 10 Apr 1997

JP/Telkom to keep control in two main regions

Telkom to keep control in two main regions JAKARTA (JP): State-owned PT Telkom will continue to operate in Greater Jakarta and East Java despite rumors the two regions, which provide most of the company's revenues, would be privatized.Company president Asman A.

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Thu, 10 Apr 1997

JP/Manggarai terminal project

Manggarai terminal project JAKARTA (JP): President director of PT Pembangunan Jaya, Hanafi Lauw, said the timing of the construction of the Manggarai integrated terminal project depended on a revision of the design.

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Thu, 10 Apr 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 8, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 ...

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Thu, 10 Apr 1997

JP/Prevention important to combat child abuse, says Nafsiah

Prevention important to combat child abuse, says NafsiahBy Wirasti Wiryono JAKARTA (JP): Being first is an advantage for Nafsiah Walinono Mboi, who recently became a member of the United Nations Committee on the Convention of the Rights of the Child.

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Thu, 10 Apr 1997

JP/Families spend holiday trapped in floods

Families spend holiday trapped in floods JAKARTA (JP): At least 167 families in Pondok Pinang and dozens of others in Bintaro, South Jakarta, were trapped in water all Tuesday night.Heavy rains hit several other city areas causing traffic jams.

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Thu, 10 Apr 1997

JP/Hardiyanti denies deflating PPP

Hardiyanti denies deflating PPP JAKARTA (JP): Golkar deputy chairwoman Siti Hardiyanti Rukmana has denied forming alliance with influential Moslem scholar Abdurrahman Wahid to deflate the minority United Development Party (PPP).

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Thu, 10 Apr 1997

JP/Drivers protest added minivans, illegal levies

Drivers protest added minivans, illegal levies JAKARTA (JP): Hundreds of North Jakarta minivan drivers have protested to the National Commission on Human Rights against an increase of minivans in the area.Four hundred drivers said Tuesday the increase was excessive and threatened their livelihood.

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Thu, 10 Apr 1997

JP/TV today

TV todayTVRI 2:30 a.m News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Kakek Sayang Cucu 5:55 ...

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Thu, 10 Apr 1997

JP/Municipality to check building permits

Municipality to check building permits JAKARTA (JP): Governor Surjadi Soedirdja said the city planned to check building permits in areas like Kemang that were zoned a residential area but had many commercial buildings.

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Thu, 10 Apr 1997

JP/ABRI asked to redefine its job description

ABRI asked to redefine its job description JAKARTA (JP): A senior military figure suggested that the Indonesian Armed Forces (ABRI) redefine the roles and duties of its leaders in order to avoid overlapping authorities.Former army chief of staff Gen.

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Thu, 10 Apr 1997

JP/Ometraco sells subsidiaries for 192b

Ometraco sells subsidiaries for 192b JAKARTA (JP): Shareholders of publicly listed Ometraco Corporation approved Tuesday the sale of the company's two subsidiaries -- PT Supra Usadhatama and PT Supra Ferbindo Farma -- to PT Tempo Scan Pacific for Rp 192 billion (US$80.67 million).

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Thu, 10 Apr 1997

JP/Israel turns back time

Israel turns back time With Har Homa, Netanyahu's government turned back the time machine many months. Israel goes back to the status of "the lonely island in a sea of enemies". For the majority of the population striving for peace, that's a blow that should be fought with democratic means.

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Thu, 10 Apr 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Parkroyal Ancol, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m. to 3 p.m. - No.

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Thu, 10 Apr 1997

JP/INCO to buy back shares in bid to boost share price

INCO to buy back shares in bid to boost share price JAKARTA (JP): Publicly listed PT International Nickel Indonesia (INCO) plans to buy back some of its shares from the public as part of its plan to prop up the share price, the company's president said.

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