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

Sat, 24 May 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 23, 1997: --------------------------------------------------------------- Shares Close Change Trading Volume ...

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Sat, 24 May 1997

JP/City forms team to evaluate alcohol laws

City forms team to evaluate alcohol laws JAKARTA (JP): The municipality has set up a team to work out the city's response to the presidential decree and related ministerial instructions on the supervision and control of alcoholic beverages.

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Sat, 24 May 1997

JP/Art for social criticism benaficial, not destructive

Art for social criticism benaficial, not destructive YOGYAKARTA (JP): When most people are unable to speak their mind about the sociopolitical situation, artists express their feelings through their work.

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Sat, 24 May 1997

JP/Plea for peace

Plea for peace On the night of Sunday, May 18, my friend got an urgent message from her mother telling her "Don't go anywhere". She said it was very dangerous as there was a "war" in Kebayoran Lama near their house.But, thank God, on Monday it was calm, and we all knew the reason.

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Sat, 24 May 1997

JP/AT&T secures $26.9m contract form PT Tekom

AT&T secures $26.9m contract form PT Tekom JAKARTA (JP): United States communication services firm AT&T has won a US$26.9 million contract from state-owned PT Telekomunikasi Indonesia (Telkom) to provide operation management assistance.

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Sat, 24 May 1997

JP/What went wrong?

What went wrong? No doubt many people are drawing a sigh of relief now that the final day of campaigning for the May 29 general election is behind us. And with good reason.

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Sat, 24 May 1997

JP/Mercedes CLK coupe: Million dollar racer

Mercedes CLK coupe: Million dollar racerBy Russell Williamson MERCEDES-BENZ has launched a performance version of its new CLK coupe.But this is no ordinary car and the connections with the C- Class-based 2.3-liter coupe are, at best, tenuous.

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Sat, 24 May 1997

JP/PDI wants clean team of legislators

PDI wants clean team of legislators JAKARTA (JP): The government-recognized faction of the Indonesian Democratic Party (PDI) wants its future legislators to be clean and hard-working.

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Sat, 24 May 1997

JP/Bully for Banyumas regent

Bully for Banyumas regent BANYUMAS, Central Java: Regent Djoko Sudantoko knows how to win the hearts of local Indonesian Democratic Party (PDI) supporters.Djoko appeared at the party's rally at a soccer field here on Thursday.

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Sat, 24 May 1997

JP/Don't follow Megawati, says Abdurrahman

Don't follow Megawati, says Abdurrahman JAKARTA (JP): Moslem leader Abdurrahman Wahid has called on members of the split Indonesian Democratic Party (PDI) to disregard the stance of ousted chief Megawati Soekarnoputri to abstain from voting.

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Sat, 24 May 1997

JP/Why PDI rallies are violence-free

Why PDI rallies are violence-free YOGYAKARTA: Bantul Indonesian Democratic Party (PDI) officials were not flattered when the election supervision committee declared it the most orderly in campaigning.

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Sat, 24 May 1997

JP/Regent nominated as minister

Regent nominated as minister YOGYAKARTA: United Development Party (PPP) supporters have nominated Sleman regent Arifin Ilyas as the next minister of home affairs because he is democratic.

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Sat, 24 May 1997

JP/Satelindo snags

Satelindo snags It is nice to have Satelindo Direct outlets in Jakarta since their prices of cellular phones are very cheap compared to other retail hand phone outlets in Jakarta. But I wish to comment on a few drawbacks of your retail outlets.

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Sat, 24 May 1997

JP/Ghananian convict flees from jail

Ghananian convict flees from jail JAKARTA (JP): A convicted Ghananian national escaped from Central Jakarta's Salemba Penitentiary at dawn Tuesday.

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Sat, 24 May 1997

JP/Lyonnaise des Eaux wins Medan's water plant contract

Lyonnaise des Eaux wins Medan's water plant contract JAKARTA (JP): A consortium led by French firm Lyonnaise des Eaux has signed a 25-year contract to build and operate a new drinking water treatment plant in Medan, North Sumatra.

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Sat, 24 May 1997

JP/Habibie rules out engine failure in CN-235 crash

Habibie rules out engine failure in CN-235 crash BANDUNG (JP): President of state-owned PT Industri Pesawat Terbang Nusantara (IPTN) B.J. Habibie ruled out yesterday engine failure as causing a CN-235 plane to crash on Thursday.

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Sat, 24 May 1997

JP/American held for smuggling marijuana

American held for smuggling marijuana JAKARTA (JP): An American was arrested Wednesday in Nusa Dua, Bali, for involvement in smuggling marijuana from Thailand to America for more than 10 years, police said. He was scheduled to be deported last night.

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Sat, 24 May 1997

JP/Air France responds

Air France responds I am writing in response to Pauline Bohm's letter (May 21) about a problem with excess luggage at the Air France check-in counter at Munich airport.

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Sat, 24 May 1997

JP/Dialog the key to building regional trust

Dialog the key to building regional trustBy Rizal Sukma JAKARTA (JP): Last month's joint military exercises conducted by the Five Power Defense Arrangements (FPDA) -- comprising Britain, New Zealand, Singapore, Malaysia and Australia -- mean that military alliances are still crucial.

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Sat, 24 May 1997

JP/Drassindo gets loan

Drassindo gets loan JAKARTA (JP): PT Mustika Ratu Adji, a joint venture between PT Mustika Ratu Investama and PT Kusuma Propertindo of the Drassindo Group, secured here yesterday a syndicated loan of about Rp 70 billion (US$29.

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Sat, 24 May 1997

JP/Sweden's Lindskog wins first major golf title

Sweden's Lindskog wins first major golf titleBy Robert Soelistyo NUSADUA, Bali (JP): Nigerian-born Swede Stephen Atako Lindskog won the Bali Open Golf Championship by three shots yesterday despite carding the worst score of his career at the Bali Golf and Country Club here.

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Sat, 24 May 1997

JP/Uncorrupt food for glad-handing

Uncorrupt food for glad-handing BANYUMAS, Central Java: Local women who support the United Development Party are staunchly against corruption.They held a glad-handing campaign in the town's main streets yesterday, offering passers-by tea, water and refreshments.

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Sat, 24 May 1997

JP/Expensive habits

Expensive habitsFrom Pikiran RakyatMomon Syum's writing on expensive habits is interesting; it is worthy of contemplation, of undertaking and is a contribution to mankind.Expensive habits could drive people to corruption or collusion.The President has appealed for people be frugal.

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Sat, 24 May 1997

JP/PPP promises to pioneer political change

PPP promises to pioneer political change JAKARTA (JP): The United Development Party (PPP) ended its 27- day campaign yesterday by reiterating its determination to help the public by pioneering change in the political system.

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Sat, 24 May 1997

JP/Budi Kemuliaan 3 closed two years

Budi Kemuliaan 3 closed two years JAKARTA (JP): The municipality is closing Jl. Budi Kemuliaan 3 in Central Jakarta for two years for the construction of the Merdeka Tower in the area.The head of Jakarta's Land Transport Agency, J.P.

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Sat, 24 May 1997

JP/Armed Force is the dominant political player

Armed Force is the dominant political player YOGYAKARTA (JP): One could easily be misled into thinking that the country's most powerful group will win next week's election.But a quick evaluation of the political system reveals that none of the three parties hold the most power.

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Sat, 24 May 1997

JP/Don't consider changes in land use taboo: Rais

Don't consider changes in land use taboo: Rais JAKARTA (JP): City development, guided by its urban spatial plans, must now consider the need to attract investment to raise development funds, Deputy Governor for Economic and Development Affairs Tb. Rais said.

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Sat, 24 May 1997

JP/Canada's Parizeau obsessed with Quebec independent

Canada's Parizeau obsessed with Quebec independentBy Gwynne Dyer LONDON (JP): Jacques Parizeau's great ambition in life was to be the first president of the independent Republic of Quebec, so it's not surprising that he told lies. Statesmen do.

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Sat, 24 May 1997

JP/Car advertisements put focus on personality

Car advertisements put focus on personality CAR companies seeking to avoid look-alike television commercials for look-alike cars are spending big money on glitzy, surreal advertising that sometimes does not even show the vehicle.

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Sat, 24 May 1997

JP/Extra jobs for PDI guards

Extra jobs for PDI guards JAKARTA: Indonesian Democratic Party (PDI) security guards are not only responsible for maintaining order at rallies, but also to stop people leaving them.

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Sat, 24 May 1997

JP/Singapore's DBS Bank to acquire 85% of MBB

Singapore's DBS Bank to acquire 85% of MBB JAKARTA (JP): Singapore's DBS Bank has entered into a conditional agreement with the Bank of Tokyo-Mitsubishi to buy its 85 percent stake in PT Mitsubishi Buana Bank (MBB).

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Sat, 24 May 1997

JP/PT Excelcomindo expands cellular networks in Bali

PT Excelcomindo expands cellular networks in Bali NUSA DUA, Bali (JP): PT Excelcomindo Pratama which operates the GSM-XL has expanded its cellular networks in Bali in a nationwide expansion move.Company president Y.W.

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Sat, 24 May 1997

JP/Domestic automobile sales increase 20.3%

Domestic automobile sales increase 20.3% JAKARTA (JP): Despite the violence which has marked the ongoing election campaign, domestic automobile sales increased 20.3 percent during the first four months of this year over the same period in 1996.

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Sat, 24 May 1997

JP/Automotive air bags not just a bag of hot air

Automotive air bags not just a bag of hot airBy Barry Lake ASKING if air bags in cars are good or bad for your health is a bit like asking the same question of polyunsaturated fats.They can be good and they can be bad... depending on how -- and if -- you use them.

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Sat, 24 May 1997

JP/Bus set on fire in C. Jakarta

Bus set on fire in C. Jakarta JAKARTA (JP): Angry residents set fire to a Metro Mini bus after it hit and killed a hotel employee on Jl. Let. Jend. Suprapto in Cempaka Putih, Central Jakarta.It was the second bus burning incident after residents on Jl.

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Sat, 24 May 1997

JP/Where to go in Jakarta: Saturday, May 24, 1997

Where to go in Jakarta: Saturday, May 24, 1997Music * Dai-ichi Hotel, Jl. Senen Raya 135, Central Jakarta: - Morgan's 1072 Classic Disco: Lemon Tea Band/Time Motion Band, Tuesday, 9 p.m. to 12.30 a.m., Smart Band, Wednesday, 9 p.m. to 12.30 a.m., R and Co Band, Saturday, 9.30 p.m. to 1 a.m.

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Sat, 24 May 1997

JP/NGO's a help not hinder general election

NGO's a help not hinder general electionBy Angger Jati Wijaya YOGYAKARTA (JP): Mansour Fakih, a local representative of British-based aid organization OXFAM, has written a number of books on the role of non-governmental organizations in the building of civil society.

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Sat, 24 May 1997

JP/56 separatist members surrender: Military

56 separatist members surrender: Military JAYAPURA, Irian Jaya (Antara): At least 56 separatist rebels (GPK) have surrendered to local military officials in Mendiptana, Merauke regency, the military said.Spokesman for the regional military command Lt. Col.

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Sat, 24 May 1997

JP/The future of Zaire

The future of Zaire Whether as the Belgian Congo, the Democratic Republic of Congo or Zaire, the state carved out of central Africa by European imperialists in the late 19th century has been poorly served by its leaders, both foreign and indigenous.

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Sat, 24 May 1997

JP/China downs Indonesia in Sudirman Cup

China downs Indonesia in Sudirman Cup JAKARTA (JP): Indonesia crashed out of the Sudirman Cup international team badminton championship after losing 2-3 against China in Glasgow yesterday.

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Sat, 24 May 1997

JP/Sanggau to have pulp plant

Sanggau to have pulp plant JAKARTA (JP): The Ministry of Forestry is inviting private companies to help set up a US$2 billion pulp factory in Sanggau, West Kalimantan, an official said.

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Sat, 24 May 1997

JP/BMW tops luxury car market in Indonesia

BMW tops luxury car market in IndonesiaBy John Aglionby BMW has overtaken its German rival Mercedes-Benz as the top selling luxury carmaker in Indonesia.The general manager of sole distributor PT Tjahja Sakti Motor Corp, Bintoro Tjitrowirjo, said sales had soared 85.

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Sat, 24 May 1997

JP/ABRI and Golkar look after each other

ABRI and Golkar look after each otherBy Tedy Novan and Gin Kurniawan YOGYAKARTA (JP): The proprietary of the Armed Forces' (ABRI) support for the dominant Golkar is often questioned, but Army Chief of Staff Hartono recently said the Armed Forces would stick behind Golkar.

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Sat, 24 May 1997

JP/ASEAN customs to start harmonizing tariffs next year

ASEAN customs to start harmonizing tariffs next year JAKARTA (JP): Heads of customs administrations from the Association of Southeast Asian Nations (ASEAN) pledged yesterday to facilitate smooth flows of goods and agreed to use harmonized tariff terminology by next year.

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Sat, 24 May 1997

JP/1,361 vehicles to be deployed for SEA Games

1,361 vehicles to be deployed for SEA Games JAKARTA (JP): The 19th Southeast Asian (SEA) Games organizing committee's transportation department and the City Land Transportation Agency will provide 1,361 vehicles for the biennial event in October.

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Sat, 24 May 1997

JP/Indonesia still has chances against China: Soerjadi

Indonesia still has chances against China: Soerjadi JAKARTA (JP): Indonesia is still optimistic it can win its semifinal against China in the Sudirman Cup , the Badminton Association of Indonesia's chairman, Soerjadi, said Thursday.

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Sat, 24 May 1997

JP/Fire destroys Plelen market

Fire destroys Plelen market BATANG, Central Java: Fire destroyed dozens of kiosks Wednesday at the Plelen market in Central Java's Batang regency, causing hundreds of traders to lose their business sites.No deaths were reported but the fire caused about Rp 100 million damage.

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Sat, 24 May 1997

JP/Malaysian ship in Kalimantan

Malaysian ship in Kalimantan BANJARMASIN, S. Kalimantan: A Malaysian passenger ship will soon ply the Banjarmasin-Sampit (Central Kalimantan) route on the Barito river, Antara reported yesterday.

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Sat, 24 May 1997

JP/Conflicting interest behind car row

Conflicting interest behind car rowBy Makmur Keliat JAKARTA (JP): After months of silence, Indonesia's ambitious national car program has become a contentious issue again.

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Sat, 24 May 1997

JP/Car sales remain steady despite election chaos

Car sales remain steady despite election chaosBy John Aglionby SALES of new vehicles have remained steady in the lead up to the general election, in contrast to earlier predictions of significant falls.

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Sat, 24 May 1997

JP/Plane crash

Plane crash Correction: The story headlined Six killed in CN-235 accident in Serang on this page yesterday reported remarks, attributed to an unnamed source, about a fire breaking out and a propeller breaking before the crash.

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Sat, 24 May 1997

JP/500 events for city's anniversary

500 events for city's anniversary JAKARTA (JP): To celebrate the city's 470th anniversary on June 22 and the country's 52th anniversary, the city will hold 500 events, Deputy Governor of Administrative Affairs Idroes said.

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Sat, 24 May 1997

JP/Street brawls mar Golkar rally in Sout Sulawesi

Street brawls mar Golkar rally in Sout Sulawesi UJUNGPANDANG, South Sulawesi (JP): Street brawls marred Golkar party chief Harmoko's visit here yesterday for the last day of campaigning.

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Sat, 24 May 1997

JP/Leadership transition in Malaysia

Leadership transition in Malaysia Many people know that Anwar Ibrahim is the "crown prince" of Malaysia. Still, it must have come as a surprise for them to learn that, as of Tuesday, he is also the country's apprentice prime minister.

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Sat, 24 May 1997

JP/Argentine ship calls on Tanjung Priok

Argentine ship calls on Tanjung Priok JAKARTA (JP): The Argentine Navy frigate training ship A.R.A. Libertad arrived yesterday on port call as part of a goodwill mission, the ship's commander Capt. Edgardo Campiantico told journalists, moments after the ship berthed in Tanjung Priok harbor.

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Sat, 24 May 1997

JP/Amien's name used illegally

Amien's name used illegally YOGYAKARTA: Portraits of Amien Rais, chairman of the 28- million-strong Muhammadiyah, were prominent in a United Development Party campaign in Sleman Tuesday.Party supporters carried banners with Amien's portrait. Under the picture was his message, "Vote for PPP.

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Sat, 24 May 1997

JP/Rallies encourage consumerism

Rallies encourage consumerism SEMARANG: The Indonesian Democratic Party (PDI) and Golkar vie with one another for support in a consumptive way.PDI has tried to win people's support through the stomach.

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Sat, 24 May 1997

JP/Poland wants Aceh coffee

Poland wants Aceh coffee BANDA ACEH: Poland has expressed interest in establishing direct business cooperation with the province, particularly in mining.

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Sat, 24 May 1997

JP/Asahimas net profit plunges to Rp 420m

Asahimas net profit plunges to Rp 420m JAKARTA (JP): Glass maker PT Asahimas Flat Glass' net profit plunged to Rp 420 million (US$175,000) in the first quarter this year from about Rp 18.4 billion in January to March 1996.

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Sat, 24 May 1997

JP/Campaign closes in violence

Campaign closes in violence JAKARTA (JP): The curtain to the violence-ridden election campaign came down yesterday with riots in several towns.

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Sat, 24 May 1997

JP/TV Today: Saturday, May 24, l997

TV Today: Saturday, May 24, l997TVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Road to Avonlea 3:10 Teenagers' Program: Jenjang Vokal 3:35 Travel: Wisata Nasional 4:15 Regional News 4:30 Sports 5:30 TV Series: A Writer Exchange 5:55 Music 6:00 ...

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Sat, 24 May 1997

JP/Sidewalks in Bali

Sidewalks in Bali It's been several years now since a very oddly designed public works project appeared on the sidewalks of many towns and villages in Bali.

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Sat, 24 May 1997

JP/Toyota profit up 50 percent

Toyota profit up 50 percent TOKYO: Toyota Motor Corp has announced a 50 percent increase in net profit for the financial year ended March 31.The company reported an after-tax profit of US$3.1 billion on net sales valued at US$98.7 billion.Worldwide vehicle sales were up 9.9 percent to 4.

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Sat, 24 May 1997

JP/10 gymnasts leave for overseas stints

10 gymnasts leave for overseas stints JAKARTA (JP): The Indonesia Gymnastics Association will send its 10 athletes for overseas stints by the end of the month to prepare for the 19th Southeast Asian Games in October.

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Sat, 24 May 1997

JP/Soeharto tells parties to reflect on campaign

Soeharto tells parties to reflect on campaign JAKARTA (JP): President Soeharto told the three parties yesterday to look back and see whether they had played by the campaign rules.

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