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

Fri, 30 May 1997

JP/Civil servants' salaries increased

Civil servants' salaries increased JAKARTA (JP): A university graduate who joins the civil service can now earn slightly more than Rp 241,800 (US$99) a month, with allowances, compared to Rp 150,200 before April.

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Fri, 30 May 1997

JP/Learning to cope with ambiguity, complexity

Learning to cope with ambiguity, complexityBy Mochtar Buchori JAKARTA (JP): Each country has its own share of controversial issues. Indonesia has them, as does China, Iran and the United States.But is it wrong to have controversies in one's society? Of course not.

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Fri, 30 May 1997

JP/Fire razes Bank BNI building in Kota

Fire razes Bank BNI building in Kota JAKARTA (JP): A fire burned out the third and fourth floors of a state-owned Bank BNI building in Kota, West Jakarta, at dawn yesterday.The fire on Jl. Lada 1 at Pinangsia subdistrict started at 4:20 a.m.

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Fri, 30 May 1997

JP/Golden Truly responds

Golden Truly responds We thank Saraswati Barkah for her letter published on Friday, May 23.Referring to your visit to Golden Truly, Blok M, where you were overcome by the odor of rodents' waste on the second floor, we would like to inform herewith, that hygiene for our merchandise tops the ...

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Fri, 30 May 1997

JP/Bank Artha Graha will fix troubled Bank Arta Prima

Bank Artha Graha will fix troubled Bank Arta Prima JAKARTA (JP): Bank Artha Graha, a banking unit of the well- diversified Artha Graha Group, confirmed yesterday it had bought scandal-plagued Bank Arta Prima and vowed to turn it into a sound bank.

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Fri, 30 May 1997

JP/Siloam to open new center

Siloam to open new center JAKARTA (JP): Siloam Gleneagles Hospital in Lippo Karawaci, Tangerang will open a heart, lung and vascular center soon.

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Fri, 30 May 1997

JP/15 killed on eve of poll in East Timor

15 killed on eve of poll in East Timor DILI, East Timor (JP): Two police officers, nine civilians and four separatist rebels were killed on the eve of yesterday's general election in clashes in East Timor, police said.East Timor Police Chief Col.

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Fri, 30 May 1997

JP/Mustika Ratu targets more markets abroad

Mustika Ratu targets more markets abroad JAKARTA (JP): Publicly listed traditional cosmetics manufacturer PT Mustika Ratu plans to enter new overseas markets after penetrating the Netherlands and some Asian countries, one of the company's senior executives said.

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Fri, 30 May 1997

JP/The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz.

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Fri, 30 May 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * 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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Fri, 30 May 1997

JP/Plywood output plan revised

Plywood output plan revised JAKARTA (JP): The Association of Indonesian Wood Panel Producers (Apkindo) has revised downward the country's 1997 plywood production target to about 9.6 million cubic meters from 10 million cubic meters due to a lack of log supplies.Apkindo executive chairman A.

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Fri, 30 May 1997

JP/No insurance for Lombok victims

No insurance for Lombok victims MATARAM, Nusa Tenggara Barat: Families of 12 passengers killed and 22 others injured in a traffic accident were not entitled to insurance from state-owned insurance firm PT Jasa Raharja.

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Fri, 30 May 1997

JP/I'm blacklisted?

I'm blacklisted? On April 5, 1997, I was on my way to a midnight movie at a local theater in Central Jakarta, when three men stopped me. One of them said they were from immigration and wanted to see my passport. I asked to see their identification.

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Fri, 30 May 1997

JP/The problem with Myanmar

The problem with Myanmar Reuters news agency quoted Malaysia's Deputy Prime Minister Anwar Ibrahim as saying the three Southeast Asian countries, Cambodia, Laos and Myanmar, can be admitted as full members in ASEAN only at the end of this year.

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Fri, 30 May 1997

JP/Soeharto happy with voting process

Soeharto happy with voting process JAKARTA (JP): Hours after casting his ballot along with most of the population, President Soeharto said he was satisfied with yesterday's smooth election and hoped that order would be maintained until final results were released.

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Fri, 30 May 1997

JP/Malaysian man deceived in hotel

Malaysian man deceived in hotel JAKARTA (JP): A Malaysian woman had reportedly stolen goods worth Rp 100 million (US$41,666) from a Malaysian man whom she met and slept with in a hotel, on Jl. Kramat Raya, in Central Jakarta yesterday.

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Fri, 30 May 1997

JP/What is a successful election?

What is a successful election?By Aleksius Jemadu BANDUNG (JP): Government officials often invite the people to make the election a success. But rarely do they explain exactly what they mean by a successful election.

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Fri, 30 May 1997

JP/Advocaat to attend Nike soccer c'ship

Advocaat to attend Nike soccer c'ship JAKARTA (JP): Former Dutch soccer coach Dick Nicollas Advocaat has confirmed his arrival at the Asia Pacific Nike Premier Soccer Championship from June 7 to June 12.

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Fri, 30 May 1997

JP/Polysindo records 43% increase in revenue

Polysindo records 43% increase in revenue JAKARTA (JP): Publicly listed PT Polysindo Eka Perkasa, Indonesia's largest polyester producer, announced yesterday a 43 percent increase in net sales revenue to Rp 460.6 billion (US$190 million) for the first quarter compared to the same period last year.

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Fri, 30 May 1997

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Ibis Rajawali Hotel, Jl. Rajawali 11-9: - Arjuna Restaurant: Dinner Theme Buffet, Curry Tiffin, Wednesday. Go around Europe, Thursday. Java Sea Food, Friday. * Mercure Grand Hotel, Jl. Raya Kupang Indah: - Sphynzx Fun Pub: Karaoke, open daily.

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Fri, 30 May 1997

JP/Bali tourists lack guides

Bali tourists lack guides DENPASAR: Tourism dropped yesterday as tour guides and drivers flocked to polling booths.Mulyadi of the Bali Cahaya travel agency told Antara that they were not providing as many tourism packages."We have difficulty finding drivers and tour guides," he said.

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Fri, 30 May 1997

JP/Ruling Golkar looking at biggest win ever

Ruling Golkar looking at biggest win ever JAKARTA (JP): Preliminary results of yesterday's general election showed Golkar heading for another landslide victory as it won more than 87 percent of the vote.With 6.5 percent of ballots counted by 9:20 p.m.

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Fri, 30 May 1997

JP/Indocement's profit down by 11.2 percent

Indocement's profit down by 11.2 percent JAKARTA (JP): PT Indocement Tunggal Prakarsa's consolidated net profit dropped by 11.2 percent in the first quarter of this year to Rp 89.2 billion (US$37.2 million) from Rp 100.5 billion in the same period last year.

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Fri, 30 May 1997

JP/PDI, PPP struggle to field election scrutineers

PDI, PPP struggle to field election scrutineers JAKARTA (JP): The Indonesian Democratic Party (PDI), doomed to fail in the election because of its unpopular government-backed leadership, struggled to field scrutineers at polling stations yesterday.

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Fri, 30 May 1997

JP/Good and bad news

Good and bad news The good news first. The Jakarta Post deserves praise for the vastly improved quality of its writing, most notably that of Helly Minarti for her excellent discussion of the German Intellectual Heinrich Boll (April 24); Laksmi Pamuntjak-Djohan for her zippy, well-written review ...

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Fri, 30 May 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 29, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,400 ...

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Fri, 30 May 1997

JP/Separatist rebels disrupt election in Aceh

Separatist rebels disrupt election in Aceh BANDA ACEH, Aceh (JP): Troops repulsed suspected Free Aceh Movement separatist rebels approaching a polling station in Pidie regency yesterday, the police said.Pidie police chief Lt. Col.

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Fri, 30 May 1997

JP/Millions flock to polling stations from Irian to Sumatra

Millions flock to polling stations from Irian to Sumatra JAKARTA (JP): The Dani tribesmen of Irian Jaya's Baliem valley voted yesterday with millions of fellow Indonesians thanks to traditional ceremonies, good food and smoke signals that guided them to polling stations.At 7:00 a.m.

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Fri, 30 May 1997

JP/'BB+' rating given to DGS $225m notes

'BB+' rating given to DGS $225m notes JAKARTA (JP): Standard and Poor's, an international rating agency, announced yesterday a "BB+" rating for the US$225 million notes issued by DGS International Finance Company B.V.

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Fri, 30 May 1997

JP/The ups and downs of a tollgate attendant Nina Andriani

The ups and downs of a tollgate attendant Nina Andriani JAKARTA (JP): After an unknown woman appeared in a TV commercial program in 1994 as a tollgate attendant, many women in the profession have been teased by passing motorists.

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Fri, 30 May 1997

JP/Hayono praises Surjadi's step on Games stickers

Hayono praises Surjadi's step on Games stickers JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman has supported Jakarta Governor Surjadi Soedirdja's call to stop the use of the 19th SEA Games donation stickers.

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Fri, 30 May 1997

JP/Negligent AC passenger-bus owners warned

Negligent AC passenger-bus owners warned JAKARTA (JP): The City Land Transport Agency has threatened to revoke permits of air-conditioned (AC) limited passenger buses owned by bus companies which decline to fully operate regular buses.

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Fri, 30 May 1997

JP/Overzealous voters spoil ballot papers

Overzealous voters spoil ballot papers JAKARTA: Ballot counting officials couldn't believe their eyes yesterday when they found a ballot paper with Golkar's symbol cut out instead of being pierced with the nail they had provided.

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Fri, 30 May 1997

JP/Where to go in Bali:

Where to go in Bali:Music and entertainment * Bali Cliff, Pecatu: Frog Dance, Saturday. Balinese Theater, Ramayana Ballet, Monday. Kecak Dance, Tuesday and Saturday. Legong Dance, Wednesday. Mask Dance, Thursday. Jegog Orchestra, Friday. Tektekan Calonarang, Sunday, from 8.30 p.m.

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Fri, 30 May 1997

JP/Vote for change

Vote for change What was yesterday's election all about if the winner was already widely predicted beforehand? The prospect of another landslide victory for Golkar gave the impression that there will be no change in government or its policies.

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Fri, 30 May 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Kelly 3:10 Children's Program: Dances 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Film: Home Green Home 5:30 Music: Paket 27 6:00 News: Lintasan ...

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Fri, 30 May 1997

JP/Indah Kiat to sell Rp 2.5t new shares

Indah Kiat to sell Rp 2.5t new shares JAKARTA (JP): PT Indah Kiat Pulp & Paper will issue rights shares this year to raise about Rp 2.5 trillion (US$1.042 billion) to finance expansion projects.Indah Kiat, listed on the Jakarta Stock Exchange (JSX), will sell about 2.

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Fri, 30 May 1997

JP/Mother and son join forces in dance project

Mother and son join forces in dance project JAKARTA (JP): There is no denying that mother and son Gusmiati Suid and Boi G. Sakti have established their own unique foothold in Indonesian dance.

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Fri, 30 May 1997

JP/End of Games stickers welcomed

End of Games stickers welcomed JAKARTA (JP): The Indonesian Consumers Foundation has welcomed the municipality's decision to stop selling SEA Games stickers.The chairperson of the foundation, Tini Hadad, said on Wednesday the municipality should be praised for listening to people's complaints.

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Fri, 30 May 1997

JP/Corruption at customs

Corruption at customs Let me assure you from personal experience that corruption is back in the customs process in a big way and that virtually nothing is computerized. I recently tried to clear a small package through customs at the Soekarno-Hatta International Airport, and it took all day.

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Fri, 30 May 1997

JP/Complaints about voting hitches pour in

Complaints about voting hitches pour in JAKARTA (JP): Complaints about voting hitches poured in yesterday from several quarters but mostly from the minority Indonesian Democratic Party (PDI) and the United Development Party (PPP).

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Fri, 30 May 1997

JP/Nonvoters throw karaoke party

Nonvoters throw karaoke party SURABAYA: Students here seem to have unlimited ways of demonstrating their opposition to yesterday's general election.

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Fri, 30 May 1997

JP/Basofi better known as singer

Basofi better known as singer SURABAYA: The flamboyant Basofi Soedirman found out yesterday that most local people knew him as a dangdut folk singer rather than as their governor.While visiting a polling station near the city, he was treated like a pop star.

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