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

Sat, 31 May 1997

JP/Old beliefs die hard

Old beliefs die hard In Taiwan, after World War II ended, ancient beliefs and traditions were still upheld. Many young people today, with modern ideas and a Western education, would have found the people's way of thinking difficult to understand.

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Sat, 31 May 1997

JP/Unmasking the traditions of 'Topeng Cirebon'

Unmasking the traditions of 'Topeng Cirebon'Text and photos by Helly Minarti YOGYAKARTA (JP): She kicks her skinny leg with fierce power and hurls her red-chiffon shawl (selendang) to rip the air. She waves her arms alternately, staccato-style, in amazingly brisk movements.

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Sat, 31 May 1997

JP/Daihatsu posts record profit

Daihatsu posts record profit TOKYO: Daihatsu in Japan has reported a 99 percent increase in profit for the financial year to March 31, to about US$170 million.The record profit for the Japanese small-car carmaker was on the back of increased sales both in its domestic and export markets.

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Sat, 31 May 1997

JP/Allegations of vote-rigging cause riots in Madura

Allegations of vote-rigging cause riots in MaduraBy Ainur Sophiaan and Sirikit Syah SAMPANG, East Java (JP): Thousands of people, spurred on by vote-rigging allegations, attacked government buildings, police stations and a Golkar office on Madura island Thursday night and early yesterday, police ...

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Sat, 31 May 1997

JP/PDI may not get a seat on Jakarta council

PDI may not get a seat on Jakarta council JAKARTA (JP): The drastic drop in city votes for the Indonesian Democratic Party (PDI) means that there is a possibility the party will not have a seat on the Jakarta City Council.As of 7:23 p.m. yesterday, PDI was more than 24,000 votes short of a seat.

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Sat, 31 May 1997

JP/Violations rampant: Poll watchdog

Violations rampant: Poll watchdog JAKARTA (JP): An independent poll watchdog said yesterday the election had proceeded smoothly but had been marred by widespread electoral violations and public opposition.

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Sat, 31 May 1997

JP/Bank Arta deal not yet approved by govt

Bank Arta deal not yet approved by govt JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday he had not approved the Artha Graha group's acquisition of scandal-plagued Bank Arta Prima.But Mar'ie said if Bank Indonesia, the central bank, recommended the deal he would approve it.

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Sat, 31 May 1997

JP/Golkar wins big, PDI decimated

Golkar wins big, PDI decimated JAKARTA (JP): Golkar made a sweeping victory in Thursday's general election which saw the Indonesian Democratic Party (PDI) almost decimated and the United Development Party (PPP) gaining ground, according to the latest tally of votes.

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Sat, 31 May 1997

JP/Indri defends title at Junior World C'ship

Indri defends title at Junior World C'ship JAKARTA (JP): Indonesian junior weightlifter Sri Indriyani defended her title at the Junior Weightlifting World Championships in Capetown on Thursday by romping home with three gold medals.

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Sat, 31 May 1997

JP/Garuda adds domestic routes

Garuda adds domestic routes JAKARTA (JP): National air carrier Garuda Indonesia will add more services from Jakarta to Jayapura in Irian Jaya but will cut flights to Ujungpandang in South Sulawesi beginning June 16.

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Sat, 31 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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Sat, 31 May 1997

JP/Clean water supply to increase

Clean water supply to increase PALEMBANG: The Palembang municipality has promised residents would have enough clean water next year because a private firm was to build a water plant to increase water production.

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Sat, 31 May 1997

JP/Govt closes regency towns to new major retailers

Govt closes regency towns to new major retailers JAKARTA (JP): The government has closed towns outside provincial capital cities to new big retailers in a bid to promote small and medium traders.

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Sat, 31 May 1997

JP/Harmoko wants longer pricking time

Harmoko wants longer pricking time RENGASDENGKLOK, West Java: As Golkar heads for a landslide victory, its chief Harmoko is regretting that he could only spend less than half a minute alone in a polling booth.

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Sat, 31 May 1997

JP/Schumacher puts the boot in

Schumacher puts the boot in BERN: Dual world champion Michael Schumacher is filling in some of his spare time by playing soccer with a third division team in Switzerland.

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Sat, 31 May 1997

JP/Crackdown in Myanmar haunts ASEAN-10 dream

Crackdown in Myanmar haunts ASEAN-10 dreamBy Rizal Sukma JAKARTA (JP): The recent crackdown on pro-democracy movements by the State Law and Order Restoration Council (SLORC) regime in Myanmar will complicate ASEAN's task of realizing the ASEAN-10.

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Sat, 31 May 1997

JP/Brunei expels illegal RI workers

Brunei expels illegal RI workers CILACAP, Central Java (JP): The Brunei Darussalam government has expelled 19 illegal Indonesian workers from Cilacap and Banyumas, an official said yesterday.

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Sat, 31 May 1997

JP/Tallying the votes

Tallying the votes With more than 80 percent of votes counted as of late yesterday, it is safe to say that few surprises have come from Thursday's general election for the House of Representatives members and regional legislatures.

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Sat, 31 May 1997

JP/Apartments' phone fees to be reviewed

Apartments' phone fees to be reviewed JAKARTA (JP): The government will review telephone line installation fees in apartments following complaints about extra charges.

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Sat, 31 May 1997

JP/Golkar promises to be gentle to its rivals

Golkar promises to be gentle to its rivals JAKARTA (JP): Golkar executives, surprised by the big margin of its victory, promised yesterday to be gentle to its two rivals: United Development Party (PPP) and Indonesian Democratic Party (PDI).

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Sat, 31 May 1997

JP/Cloud hangs over the future of 'Bajaj' in Jakarta

Cloud hangs over the future of 'Bajaj' in JakartaBy John Aglionby LOVE them or loathe them, you can't ignore Jakarta's bajaj.

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Sat, 31 May 1997

JP/BMW Golf Cup Int'l 1997 tees off at Jagorawi today

BMW Golf Cup Int'l 1997 tees off at Jagorawi today JAKARTA (JP): Two male and one female amateur golfers out of 2,500, will be chosen to represent Indonesia in the BMW Golf Cup International 1997 through a series of selection matches starting today.

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Sat, 31 May 1997

JP/PT Sucofindo to issue ISO 14001 certificates

PT Sucofindo to issue ISO 14001 certificates JAKARTA (JP): State-owned surveying company PT Sucofindo has agreed to cooperate with the Japan Audit and Certification Organization for Environment (JACO) to issue ISO 14001 certificates on environmental management in Indonesia.

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Sat, 31 May 1997

JP/Political education

Political education The festival of democracy has finally come to an end. The 27 days of campaigning have been completed as the implementation of the people's message that is stipulated in the country's constitution.

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Sat, 31 May 1997

JP/Containers pile up 'caused by importers'

Containers pile up 'caused by importers' JAKARTA (JP): Director General of Customs and Excise Soehardjo Soebardi has again blamed importers for the pile up of goods in Tanjung Priok.He said the pile up was caused by importers' mistakes and not by the customs office's actions.

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Sat, 31 May 1997

JP/Karet Tengsin fire victims mostly voted for PPP

Karet Tengsin fire victims mostly voted for PPP JAKARTA (JP): Residents from razed slum houses in Karet Tengsin subdistrict, Tanah Abang, in Central Jakarta, mostly voted for the United Development Party (PPP), a resident said.

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Sat, 31 May 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 30, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Sat, 31 May 1997

JP/Govt continues to seek abolition of export barriers

Govt continues to seek abolition of export barriers JAKARTA (JP): The government would continue to seek the abolition of barriers for Indonesian exports and bilateral solutions over its auto dispute with major trading partners, Minister of Industry and Trade Tunky Ariwibowo said yesterday.

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Sat, 31 May 1997

JP/Maid killed for refusing a kiss

Maid killed for refusing a kiss JAKARTA (JP): A food vendor allegedly stabbed and killed a maid in a house on Jl. Makulo, Bumi Satria Kencana housing complex in Bekasi Wednesday after she refused a kiss from him. The suspect sold siomay (steamed dumplings).City Police Spokesman Lt. Col. E.

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Sat, 31 May 1997

JP/Economic take-off is possible in Congo

Economic take-off is possible in CongoBy Jonathan Power LONDON (JP): Let's imagine what post-Mobutu Congo could become. It has diamonds, copper and gold. It has rain and sunshine in abundance. It is not, given its immense size, overpopulated.

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Sat, 31 May 1997

JP/Aging Sawitri keep on dancing

Aging Sawitri keep on dancing YOGYAKARTA (JP): Seventy-year-old Sawitri, master Cirebon mask dancer, fielded a spontaneous question from the audience after her performance last Sunday."You dance like a volcano in your 70's. What were you like in your 20s?"Her answer revealed her modest wisdom.

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Sat, 31 May 1997

JP/Lola under the hammer

Lola under the hammer LONDON: One of the world's biggest racing car constructors, Lola Cars, has been placed in the hands of company administrators.Lola has been dragged down by the failure of its short-lived Formula One team but owner Eric Broadley is confident Lola will not go under.

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Sat, 31 May 1997

JP/Chrysler and BMW fire up engine plant

Chrysler and BMW fire up engine plant DETROIT: The Chrysler Corp and BMW AG are building their new $US500 million joint-venture engine plant in Sao Paulo, Brazil.The newly designed 1.4-liter and 1.6-liter engines will power future small cars from Chrysler and the Rover group.

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Sat, 31 May 1997

JP/Phone kiosks enter low-cost apartments

Phone kiosks enter low-cost apartments JAKARTA (JP): Nine telecommunications kiosks, which allow international calls, were officially set up at some low-cost apartments yesterday.

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Sat, 31 May 1997

JP/PLN postpones repairs on network

PLN postpones repairs on network JAKARTA: The state electricity company, PLN, has decided not to make any repairs on the Java-Bali interconnection network between May 22 and June 5 due to yesterday's election.

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Sat, 31 May 1997

JP/Govt reproaches Games sticker sponsors

Govt reproaches Games sticker sponsors JAKARTA (JP): The Ministry of Social Services reproached the private consortium and state-run utility companies yesterday for forcing consumers to buy stickers to finance this year's Southeast Asian Games.

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Sat, 31 May 1997

JP/Soeharto stuns Japanese journalist

Soeharto stuns Japanese journalist JAKARTA: Foreign correspondents raced to report on President Soeharto casting his ballot Thursday in the vain hope of him speaking to them like he did after voting in the 1992 election.Just before leaving his neighborhood polling station on Jl.

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Sat, 31 May 1997

JP/The tale of drum and disc brakes

The tale of drum and disc brakesBy Barry Lake TODAY, drum brakes are mostly found only on the rear of a new car, usually on budget or modestly priced ones at that.High-priced cars and high-performance cars all have disc brakes on all four wheels.

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Sat, 31 May 1997

JP/Golkar scores victories abroad

Golkar scores victories abroad JAKARTA (JP): Most ballots cast at Indonesian embassies are in favor of the ruling Golkar, but reports say that many of the 1.78 million eligible voters living overseas opted not to vote in the election.In Tokyo, Japan, by 8:00 p.m. local time (6 p.m.

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Sat, 31 May 1997

JP/ASEAN considers Yangon's entry

ASEAN considers Yangon's entryBy Meidyatama Suryodiningrat JAKARTA (JP): Foreign ministers of the Association of Southeast Asian Nations (ASEAN) convene in Kuala Lumpur tomorrow to weigh up one of the most momentous decisions in the organization's history.

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Sat, 31 May 1997

JP/New deregulation package on the cards

New deregulation package on the cards JAKARTA (JP): The government will release a deregulatory package next month to make industry and manufacturing more efficient.

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Sat, 31 May 1997

JP/Warning issued on SEA Games stickers

Warning issued on SEA Games stickers JAKARTA (JP): The Ministry of Social Services has sent a warning letter to the 19th Southeast Asian (SEA) Games consortium about the raising of Games funds by selling stickers.

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Sat, 31 May 1997

JP/Police make progress in bank scam investigation

Police make progress in bank scam investigation JAKARTA (JP): Police claimed yesterday they were making good progress in an investigation of a huge corruption scandal at PT Gunung Agung's subsidiary Bank Arta Prima.City Police Detective Chief Col.

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Sat, 31 May 1997

JP/Hero denies Multipolar acquisiton market rumors

Hero denies Multipolar acquisiton market rumors JAKARTA (JP): Hero Supermarket denied yesterday a market rumor that it would be bought by Multipolar Corporation, a Lippo Group subsidiary.

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Sat, 31 May 1997

JP/Vote counting must be honest

Vote counting must be honest The votes cast in the just completed general election are currently being counted. Obviously this is no easy process. Both technical and non-technical problems are involved. It is also a rather lengthy process and "leaks" could occur here and there.

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Sat, 31 May 1997

JP/TV today

TV todayTVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Road to Avonlea 3:10 Teenagers' Program: Vokal Group 3:35 Travel: Wisata Nasional 4:15 Regional News 4:30 Sports 5:25 Science Program: Science World 5:30 TV Series: A Writer Exchange 5:55 ...

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Sat, 31 May 1997

JP/Golkar happy for with new converts

Golkar happy for with new converts JAKARTA (JP): The city chapter of Golkar was elated yesterday. Even though Golkar's victory was hardly breaking news, local executives saw each development of tallying across the city's 43 districts as a telling sign of their efforts, or lack of it.Out of the 7.

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Sat, 31 May 1997

JP/Mitsubishi to launch 'Asia car' here

Mitsubishi to launch 'Asia car' here TOKYO: Mitsubishi will launch its low-cost "Asia car" in Indonesia next year.The minivan-type vehicle is expected to be powered by a 2.0- liter engine.

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Sat, 31 May 1997

JP/Burning the bridges of friendship

Burning the bridges of friendship It is hard to believe that the cartoons published by the New Straits Times insulting Thailand and Indonesia would come from Malaysia, a country which has taken a moral high ground in its war of words with its southern neighbor.

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Sat, 31 May 1997

JP/Unpopular leadership sinks PDI: Analysts

Unpopular leadership sinks PDI: Analysts JAKARTA (JP): The Indonesian Democratic Party's performance has nose-dived in this year's general election due to unpopular leadership, observers said yesterday.Of the 103.4 million votes counted by 3 p.m.

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Sat, 31 May 1997

JP/Boat festival to be held

Boat festival to be held PALEMBANG: The municipality here is holding a parade of traditional bidar boats in the Sriwijaya Festival organized for Palembang's anniversary. Records show Palembang was established in the year 683 A.D.

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Sat, 31 May 1997

JP/Where have all the stickers gone?

Where have all the stickers gone?From KompasI am a telephone subscriber who will pay an additional Rp 1,000, from May to October 1997, for the coming SEA Games event. This means that subscribers will be charged an additional Rp 6,000 over subsequent months.

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Sat, 31 May 1997

JP/Briton examined for illegal entry

Briton examined for illegal entry JAKARTA (JP): The immigration directorate general is questioning a Briton for illegally entering Indonesia after being deported last year, an official said Tuesday.

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Sat, 31 May 1997

JP/Results

Results GLASGOW (Reuter): Results at the world badminton championships on Thursday.Men's singles (third round): Thomas Stuer-Lauridsen (Den) bt Dong Jiong (Chn) scratched Heryanto Arbi (Ina) bt Ong Ewe Hock (Mal) 15-12 15-8 Peter Rasmussen (Den) bt Indra Wijaya (Ina) 15-8 8-15 15-1 Park ...

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Sat, 31 May 1997

JP/Government denies further sale of Telkom shares

Government denies further sale of Telkom shares JAKARTA (JP): The government denied yesterday it would further divest its shares in PT Telkomunikasi Indonesia (PT Telkom).

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Sat, 31 May 1997

JP/GM to build Philippines plant

GM to build Philippines plant MANILA: General Motors is to invest about US$266 million in a new production facility in the Philippines.The plant is expected to be operational by 2000 and will include an export-oriented transmission factory with a capacity of 100,000 a year.

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Sat, 31 May 1997

JP/Sidewalks in Bandung

Sidewalks in Bandung Garrett Kam's letter in The Jakarta Post (May 24) about the sidewalks in Bali amuses me, especially because I made the same observation in Bandung, West Java, when we arrived two weeks ago.It is certainly something to improve in this beautiful city. MRS.

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Sat, 31 May 1997

JP/Inadequate compensation

Inadequate compensation I arrived in Singapore at about 1 p.m. on Jan. 21, 1997 by United Airlines flight No. UA 805. My two bags, which I had checked in at Toronto through to Singapore, did not arrive.

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Sat, 31 May 1997

JP/Toyota to launch hybrid Corona

Toyota to launch hybrid CoronaBy Russell Williamson TOYOTA will become the first Japanese carmaker to launch a volume-production car fitted with a hybrid engine when its new Corona goes on sale about September.

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Sat, 31 May 1997

JP/Nissan offers bird's eye view

Nissan offers bird's eye view TOKYO: Just when you thought in-car navigation systems couldn't get any more sophisticated, along comes Nissan.

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