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

Tue, 17 Jun 1997

JP/Biotechnology meeting to focus on legal issues

Biotechnology meeting to focus on legal issues JAKARTA (JP): Legal issues affecting biotechnology are among topics to be discussed at the first Indonesian Biotechnology Conference, a representative of its organizing committee said yesterday.

More ...

Tue, 17 Jun 1997

JP/Don't politicize manpower bill, says Abdul Latief

Don't politicize manpower bill, says Abdul Latief JAKARTA (JP): The government ushered in the House of Representatives' first reading of the manpower bill yesterday with a call for workers and the public not to turn the controversial document into a "political issue".

More ...

Tue, 17 Jun 1997

JP/Microsoft sets alliance with Indonesia's Indosat

Microsoft sets alliance with Indonesia's Indosat JAKARTA (JP): State-owned PT Indosat telecommunications company has set up a strategic alliance with multi-billion-dollar U.S. software company Microsoft to provide Indonesia Interactive, a new interactive Internet service.

More ...

Tue, 17 Jun 1997

JP/Australia, RI to boost trade

Australia, RI to boost trade NUSA DUA, Bali (JP): Australia and Indonesia agreed here yesterday to seek a mutual recognition agreement on standards and to remove non-trade barriers to improve their two-way trade.

More ...

Tue, 17 Jun 1997

JP/'Killing fields' death toll

'Killing fields' death toll Hitler, Stalin, Pol Pot. Three names that are synonymous with evil. It is hard to believe that the last of these three is still engaged in acts of brutality.

More ...

Tue, 17 Jun 1997

JP/Bait and switch advertising

Bait and switch advertising In April this year, Indovision distributed a brochure offering existing customers of their cable service the opportunity to upgrade their existing decoders to digital reception.

More ...

Tue, 17 Jun 1997

JP/Fresh call for govt to drop Soerjadi

Fresh call for govt to drop Soerjadi JAKARTA (JP): Supporters of Megawati Soekarnoputri asked the government yesterday to dissolve the Indonesian Democratic Party's (PDI) leadership under Soerjadi after the party's poor showing in last month's general election.

More ...

Tue, 17 Jun 1997

JP/RI aims to win 150 golds at 19th SEA Games

RI aims to win 150 golds at 19th SEA Games JAKARTA (JP): The National Sports Council (KONI) predicted yesterday Indonesia could win nearly 150 gold medals at the 19th Southeast Asian (SEA) Games here in October.

More ...

Tue, 17 Jun 1997

JP/Contemporary theater

Contemporary theater On a four-month trip from England around the world studying contemporary theater in India, Indonesia, Canada and the U.S., I was interested to read in The Jakarta Post, (Sunday, June 15) about the struggle for survival of traditional forms of theater here.

More ...

Tue, 17 Jun 1997

JP/Maintaning regional peace

Maintaning regional peace The following is an excerpt from a paper presented by Assistant Foreign Minister of China Chen Jian at the first general meeting of the Council for Security Cooperation in the Asia Pacific (CSCAP) in Singapore on June 4, 1997. This is the second of two articles.

More ...

Tue, 17 Jun 1997

JP/Nationalism 'must not restrict' foreign investors

Nationalism 'must not restrict' foreign investorsBy Riyadi NUSA DUA, Bali (JP): The recent rise in nationalistic sentiment would not drive the government to impose a restrictive foreign investment policy, economist Mari E. Pangestu said yesterday.

More ...

Tue, 17 Jun 1997

JP/BDNI eyes Rp 350b profit this year

BDNI eyes Rp 350b profit this year JAKARTA (JP): Bank Dagang Nasional Indonesia (BDNI) of the widely diversified Gajah Tunggal group expects an 80 percent net profit increase this year to Rp 350 billion (US$145.83 million), from Rp 190.4 billion in 1996.

More ...

Tue, 17 Jun 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Mooncat 3:00 News: Lintasan Berita 3:10 Teenagers' Program: Remaja Indonesia 3:35 Music: Pop Songs 4:00 Regional News 4:30 Science and Technology 5:00 English Lessons 5:25 Variety Show: ...

More ...

Tue, 17 Jun 1997

JP/UAE to buy IPTN aircraft: Tarmizi

UAE to buy IPTN aircraft: Tarmizi JAKARTA (JP): United Arab Emirates (UAE) will buy seven aircraft from state-owned airplane manufacturer IPTN but has yet to announce which types, Minister of Religious Affairs Tarmizi Taher said here yesterday.

More ...

Tue, 17 Jun 1997

JP/Writing contest winner reads comics

Writing contest winner reads comics JAKARTA (JP): First prize winner of a writing competition on reading said yesterday that she liked reading comic strips best.Yulista Juviani Jane, 17, said she liked reading comic strips, because they were amusing, even though they were unchallenging to read.

More ...

Tue, 17 Jun 1997

JP/Laksamana not Admiral

Laksamana not Admiral In my article titled Soerjadi vs political scientists, published by The Jakarta Post (Monday, June 9), there were a few translation errors.The most disturbing one was the name of Laksamana Sukardi which was inadvertently translated into Admiral Sukardi.

More ...

Tue, 17 Jun 1997

JP/Aberson pleads freedom of opinion

Aberson pleads freedom of opinion JAKARTA (JP): The Constitution guarantees legislators the right to criticize and express different opinions to the president's and other supreme state institutions', says a legislator accused of defaming President Soeharto.

More ...

Tue, 17 Jun 1997

JP/No policy changes in Army under Wiranto: Spokesman

No policy changes in Army under Wiranto: Spokesman JAKARTA (JP): The new chief of staff, Gen. Wiranto, will not change the Army's strategies, Army spokesman Brig. Gen. Robik Mukav said yesterday.

More ...

Tue, 17 Jun 1997

JP/RI wants to continue bilateral car row talks

RI wants to continue bilateral car row talks JAKARTA (JP): Indonesia will continue bilateral talks on its national car policy with Japan, the European Union and the United States, if the World Trade Organization's (WTO) dispute panel can be stopped if the talks end in an agreement.

More ...

Tue, 17 Jun 1997

JP/Subagyo gets historic mansion

Subagyo gets historic mansion YOGYAKARTA: Indonesian tycoon Probosutedjo has bought the mansion of the late General Soedirman, the Armed Forces' founding father, for the Army's new deputy chief, Lt. Gen. Subagyo Hadisiswoyo.

More ...

Tue, 17 Jun 1997

JP/Power sharing could be a key to stability

Power sharing could be a key to stabilityBy Makmur Keliat SURABAYA (JP): The outcome of the election has conveyed disturbing signals. On the one hand, there is continuity. This has been shown by Golkar's incontestable position.

More ...

Tue, 17 Jun 1997

JP/20 nations to join cooperatives expo

20 nations to join cooperatives expo JAKARTA (JP): Representatives of 20 nations will join 500 cooperatives and small enterprises in an exhibition in Jakarta next month marking the half century of Indonesian cooperatives.

More ...

Tue, 17 Jun 1997

JP/Pohang Iron forms venture to make stainless steel

Pohang Iron forms venture to make stainless steel JAKARTA (JP): PT Metro Dwiwidjaja and South Korea's Pohang Iron and Steel Co Ltd (Posco) signed an agreement yesterday to establish a joint venture company to produce cold rolled stainless steel.

More ...

Tue, 17 Jun 1997

JP/Lonsum wants 1997 to be more profitable

Lonsum wants 1997 to be more profitable JAKARTA (JP): Plantation company PT PP London Sumatra Indonesia (Lonsum) wants to increase its 1997 profit by between 15 percent and 25 percent over last year's Rp 80.61 billion (US$32.97 million), an executive said here yesterday.

More ...

Tue, 17 Jun 1997

JP/Recent riots in E. Java blamed on communists

Recent riots in E. Java blamed on communists JAKARTA (JP): Government officials are blaming the recent riots in East Java on communist and left-wing activists.

More ...

Tue, 17 Jun 1997

JP/Employee kills boss for scolding him

Employee kills boss for scolding him JAKARTA (JP): An employee has been arrested for allegedly murdering his boss, a home industry entrepreneur in Kapuk, North Jakarta, police said.City Police Spokesman Lt. Col. E.

More ...

Tue, 17 Jun 1997

JP/Cheaper cotton to boost earning: PT Argo Pantes

Cheaper cotton to boost earning: PT Argo Pantes JAKARTA (JP): Publicly listed textile producer PT Argo Pantes expects its net profit to rise 84 percent to Rp 30 billion (US$12.5 million), and sales 11 percent to Rp 500 billion this year.

More ...

Tue, 17 Jun 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaiian Band/Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m.

More ...

Tue, 17 Jun 1997

JP/ABRI and democratization

ABRI and democratization It is heartening to hear the affirmative remarks made by Armed Forces Chief Gen. Feisal Tanjung concerning the Armed Forces's (ABRI) stance in support of democratization and improving people's welfare.

More ...

Tue, 17 Jun 1997

JP/EU funds volcano research

EU funds volcano research MANADO, North Sulawesi: The European Union (EU) is sponsoring a study by French experts on the chain of volcanoes which passes through the province, a local official said yesterday.

More ...

Tue, 17 Jun 1997

JP/City honors two servicemen

City honors two servicemen JAKARTA (JP): Governor Surjadi Soedirdja honored two servicemen Friday, Danu Sisworo and Maryono, who died on duty on April 4.

More ...

Tue, 17 Jun 1997

JP/Improving our prisons

Improving our prisons Even under the best of circumstances, a prison is obviously not a happy place to be.

More ...

Tue, 17 Jun 1997

JP/Election promises

Election promises The election is over. The national political picture is clear. Although protests were heard from certain corners, this has not influenced the recent results in which the dominant Golkar won an overwhelming majority, followed by the United Development Party (PPP) leaving the ...

More ...

Tue, 17 Jun 1997

JP/Seven die in truck accident

Seven die in truck accident DEMAK, Central Java: Seven people died and two were injured when the truck carrying them plunged into a river here Sunday, a report said yesterday.The truck, carrying about 50 people, went out of control while going down hill and then skidded into the muddy river.

More ...

Tue, 17 Jun 1997

JP/GTF plans to launch four mutual funds

GTF plans to launch four mutual funds JAKARTA (JP): BDNI group's GTF Indonesia Asset Management plans to launch four open-end mutual funds to raise about Rp 3 trillion (US$1.25 billion) from the public later this month.

More ...

Tue, 17 Jun 1997

JP/Lippo Insurance to float shares

Lippo Insurance to float shares JAKARTA (JP): PT Lippo General Insurance will float 51 million shares or 34 percent of its enlarged capital, the company announced yesterday.The company's president director, M.F.

More ...

Tue, 17 Jun 1997

JP/Developed countries 'use rights issue for protection'

Developed countries 'use rights issue for protection' JAKARTA (JP): President Soeharto said yesterday that developed countries used human rights issues merely as a pretext to protect their own economic and political interests.

More ...

Tue, 17 Jun 1997

JP/Governor Surjadi satisfied with election results

Governor Surjadi satisfied with election results JAKARTA (JP): The final results of the city's general election showed that the Indonesian Democratic Party (PDI) managed to secure one out of the City Council's 75 seats.

More ...

Tue, 17 Jun 1997

JP/More minivan drivers go on strike over additional buses

More minivan drivers go on strike over additional buses JAKARTA (JP): Dozens of public transportation minivan drivers went on strike yesterday causing hundreds of passengers between Pasar Minggu and Kampung Melayu areas to be stranded.

More ...

Tue, 17 Jun 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 16, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,575 ...

More ...

Tue, 17 Jun 1997

JP/Politics at the heart of North Korea famine

Politics at the heart of North Korea famineBy Gwynne Dyer LONDON (JP): On April 25, Dean R. Hirsch, head of the California-based relief agency World Vision International, returned from a visit to North Korea, where even the secretive Stalinist government admits that 15 percent of children ...

More ...

Tue, 17 Jun 1997

JP/Trisakti and foundation to create law program

Trisakti and foundation to create law program JAKARTA (JP): Trisakti University and Winaya Dharma Foundation/Institute of Business Law Studies agreed yesterday to cooperate to improve education in economic and international business law.The agreement was signed by the foundation's chairperson, C.

More ...

Tue, 17 Jun 1997

JP/Guide to Aussie firms in RI released

Guide to Aussie firms in RI released NUSA DUA, Bali (JP): Australian Foreign Minister Alexander Downer launched here yesterday the Directory of Australian Businesses in Indonesia, a verified listing of some 400 firms.

More ...

Tue, 17 Jun 1997

JP/E. Timor students demand referendum

E. Timor students demand referendum JAKARTA (JP): East Timorese students pressed for a referendum yesterday to determine the future of the former Portuguese colony.

More ...

Tue, 17 Jun 1997

JP/Goodyear's new director

Goodyear's new director JAKARTA (JP): PT Goodyear Indonesia shareholders approved yesterday the appointment of Gary Lee Gustafson as a finance director, replacing B. Anantharaman.The publicly listed tire company's public relations manager, Agung Laksamana, said the Nebraska (U.S.

More ...

Tue, 17 Jun 1997

JP/Aromatic plant in C. Java

Aromatic plant in C. Java JAKARTA (JP): PT Kresna Aromatic Persada in cooperation with a Japanese investor will build an aromatics plant in Cilacap, Central Java, with a Rp 1.7 trillion (US$708.3 million) investment, a government official said.The C.

More ...

Tue, 17 Jun 1997

JP/Heroin users and dealer arrested

Heroin users and dealer arrested JAKARTA (JP): Four drug users and a dealer were arrested in a hotel and in a house in Tebet, South Jakarta, for illegally possessing and dealing heroin, police said.City Police Spokesman Lt. Col. E.

More ...

Find news items by date