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

Sat, 21 Jun 1997

JP/Mazda's new logo

Mazda's new logo HIROSHIMA: Mazda Japan has released pictures of its new brand symbol, which featured on the new 626 first launched in England this week.The design features an oval containing a stylized winged M.

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Sat, 21 Jun 1997

JP/WB sees increasing new rules in RI sea transport

WB sees increasing new rules in RI sea transport JAKARTA (JP): The World Bank sees a new wave of regulations in sea transport and raises concerns over port delays and the reimposition of restrictive rulings on ship imports in its 1997 report on Indonesia.

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Sat, 21 Jun 1997

JP/The 'Post' rejects IPTN's demands over false report

The 'Post' rejects IPTN's demands over false report JAKARTA (JP): The Jakarta Post rejected yesterday as excessive the demands by state-owned aircraft maker IPTN over an incorrect report on an airplane crash.

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Sat, 21 Jun 1997

JP/The Ambassadors Opera to perform here

The Ambassadors Opera to perform hereBy Laksmi Pamuntjak-Djohan JAKARTA (JP): If at first the sesquipedalian name of The Ambassadors of Opera and Concert Worldwide, Ltd. of New York sounds like a cultural wholesaler nightmare, the problem is one of semantics.

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Sat, 21 Jun 1997

JP/Great River expects 30% net profit rise

Great River expects 30% net profit rise JAKARTA (JP): Clothing producer PT Great River International, which booked a 93 percent net profit rise last year expects robust growth again in its financial performance this year.

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Sat, 21 Jun 1997

JP/Hero to open eight more stores this year

Hero to open eight more stores this year JAKARTA (JP): Publicly listed PT Hero Supermarket plans to open eight more retail outlets this year with a total investment of Rp 25 billion (US$10.41 million) as part of its expansion plan.

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Sat, 21 Jun 1997

JP/Good governance vital for development

Good governance vital for development JAKARTA (JP): Good governance is important to hold down costs of doing business, to sustain investor confidence, maintain international competitiveness and improve equity, the World Bank asserts.

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Sat, 21 Jun 1997

JP/The PDI quandary

The PDI quandary Although the general election was almost a month ago and final poll results are scheduled to be announced Monday, it seems that the problem of allotting seats in the new House of Representatives (DPR) and People's Consultative Assembly (MPR) remains a quandary for party leaders ...

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Sat, 21 Jun 1997

JP/Infiniti broadens Nissan's appeal

Infiniti broadens Nissan's appealBy John Aglionby ADVERTISERS and marketing executives keep reminding us that brand awareness is everything, if you buy so-and-so you know what you will be getting.

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Sat, 21 Jun 1997

JP/Samsung denies takeover bid

Samsung denies takeover bid SEOUL: South Korea's Samsung Motors has backed away from reports it was targeting Kia in a possible takeover bid.A spokesman for Samsung, Han Jae-yoon, said the company was not interested in any merger and acquisition deals."We have no plan to seek them," he said.

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Sat, 21 Jun 1997

JP/Thieves trick maid in S. Jakarta

Thieves trick maid in S. Jakarta JAKARTA (JP): Three men stole electronic goods from a house on Jl. Kalibata Selatan, South Jakarta yesterday after they pretended to book a room for rent.

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Sat, 21 Jun 1997

JP/Reaffirming U.S. commitment to Asia

Reaffirming U.S. commitment to AsiaBy Ralph A. Cossa KUALA LUMPUR (JP): The recently completed U.S Defense Department's Quadrennial Defense Review (QDR) has once again confirmed the importance of the presence of U.S. forces in Asia to America's global security strategy.

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Sat, 21 Jun 1997

JP/Petrochem Industries plans to double polyester output

Petrochem Industries plans to double polyester output JAKARTA (JP): PT GT Petrochem Industries plans to almost double its capacity to produce polyester over the next three years and its capacity for nylon will rise 60 percent, its president said.

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Sat, 21 Jun 1997

JP/Should govt control textbooks?

Should govt control textbooks?By Hermawan Sulistyo JAKARTA (JP): The Indonesian Publishers Association (IKAPI) will hold its annual exhibition from June 14 to June 21.

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Sat, 21 Jun 1997

JP/Epilepsy congress to be held here

Epilepsy congress to be held here JAKARTA (JP): The International Bureau of Epilepsy has selected the capital to host the 24th World Congress of Epilepsy in September 2001.

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Sat, 21 Jun 1997

JP/Check in for Ferrari's 100th

Check in for Ferrari's 100th IF you're young enough to think you'll be around for Ferrari's centenary in 2047, do not waste time reserving a hotel room in or around Monte Carlo.Ferrari has already booked the principality for the occasion.

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Sat, 21 Jun 1997

JP/Witnesses' absence divides law experts

Witnesses' absence divides law experts JAKARTA (JP): A criminologist and a former supreme court justice have expressed different opinions over the absence of main witnesses in two recently concluded trials.

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Sat, 21 Jun 1997

JP/Eterindo increases production capacity

Eterindo increases production capacity JAKARTA (JP): Integrated chemical producer PT Eterindo Wahanatama, through its subsidiary PT Eterindo Nusa Graha, has started operating a new plant to raise its specialty chemical production capacity 66,000 tons a year, an executive said.

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Sat, 21 Jun 1997

JP/Chess body wants to popularize the games

Chess body wants to popularize the games JAKARTA (JP): The Indonesian Chess Association wants to increase the popularity of chess."Although chess is already popular in the community I want this brain sport be more popular.

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Sat, 21 Jun 1997

JP/Texmaco shop in Surabaya

Texmaco shop in Surabaya JAKARTA (JP): PT Texmaco Graha Buana (TGB) yesterday opened its second retail outlet called ACCENT in Surabaya following the impressive performance of its first shop in the Galaxy Mall.

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Sat, 21 Jun 1997

JP/Papua New Guineans survives political tremor

Papua New Guineans survives political tremorBy Gwynne Dyer LONDON (JP): Back in March, it seemed that Papua New Guinea was about to descend into the special hell inhabited by countries like Sierra Leone: a mutinous army was trying to depose an elected prime minister in a country where loyalties ...

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Sat, 21 Jun 1997

JP/Four-wheel drive improves your car's grip on the road

Four-wheel drive improves your car's grip on the roadBy Barry Lake MOST drivers would have experienced wheel spin and the resultant sudden loss of traction.

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Sat, 21 Jun 1997

JP/Para Group not Pura Group

Para Group not Pura Group A brief article in The Jakarta Post (May 28) said that four Indonesian developers would attend the International Property Exhibition "MIPIM Asia" in Singapore at the Singapore International Convention & Exhibition Center, Suntec City from Sept. 16 to Sept. 18.

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Sat, 21 Jun 1997

JP/State bank merger plan approved

State bank merger plan approved JAKARTA (JP): President Soeharto approves the finance ministry's and central bank's plan to merge the seven state banks into a smaller number to strengthen their competitiveness, Finance Minister Mar'ie Muhammad said yesterday.

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Sat, 21 Jun 1997

JP/Protection still needed for vital industries

Protection still needed for vital industries JAKARTA (JP): Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya says protection is still needed to enable important industries to compete in the free trade era in five years time.

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Sat, 21 Jun 1997

JP/U.S. seeks WTO panel on car policy

U.S. seeks WTO panel on car policy TOKYO: The United States is expected to join Japan and the European Union in requesting a panel from the World Trade Organization's Dispute Settlement Body (DSB) to rule on Indonesia's national car policy.According to Kyodo news service, the U.S.

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Sat, 21 Jun 1997

JP/Games consortium asked to sell stickers

Games consortium asked to sell stickers JAKARTA (JP): President Soeharto says he wants the 19th SEA Games consortium to take direct control of selling fund-raising stickers, and to stop using a separate company to do it.

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Sat, 21 Jun 1997

JP/Singaporean art festival blends modern with tradition

Singaporean art festival blends modern with traditionBy T. Sima Gunawan SINGAPORE (JP): He is romantic and rich. She comes from a lower middle-class family and is average looking. But who can stop a couple who is smitten?His father.

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Sat, 21 Jun 1997

JP/Tunas Ridean's profit up

Tunas Ridean's profit up JAKARTA (JP): Publicly listed PT Tunas Ridean recorded a net profit of Rp 11.4 billion in the first quarter this year, up 150 percent from the same period last year.The company said yesterday that its automotive division contributed about Rp 6.

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Sat, 21 Jun 1997

JP/Chrysler thinking of fantastic plastic

Chrysler thinking of fantastic plasticBy Russell Williamson CHRYSLER in the United States could one day produce cars with a one-piece plastic molded body.According to the U.S.

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Sat, 21 Jun 1997

JP/Ignore the World Bank recommendation

Ignore the World Bank recommendation From a purely economic point of view, the World Bank's proposal that Indonesia abolish its oil fuel subsidy and lower its electricity tariffs is appropriate since that would encourage consumers to be more efficient.

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Sat, 21 Jun 1997

JP/Anniversary a moment for introspection: Surjadi

Anniversary a moment for introspection: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja urged city officials yesterday to use Jakarta's 470th anniversary as a moment of introspection.He said officials should consider whether they have provided services needed by the public.

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Sat, 21 Jun 1997

JP/Career blunders linked to lost virginity

Career blunders linked to lost virginity JAKARTA (JP): Losing your virginity during your teens may damage your future career, a health expert said yesterday.

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Sat, 21 Jun 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 20, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,600 50 ...

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Sat, 21 Jun 1997

JP/Perumka-CGEA cooperation

Perumka-CGEA cooperation JAKARTA (JP): State-owned railway firm Perumka has signed two memorandums of understanding with France's CGEA, one of the largest rail and bus operators in Europe, to provide for a long- term cooperation between the two companies.

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Sat, 21 Jun 1997

JP/Awards for top exporters

Awards for top exporters JAKARTA (JP): The government will give excellent non-oil and gas exporters Primaniyarta awards in September, an official said yesterday.

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Sat, 21 Jun 1997

JP/UN must help prevent civil war in Cambodia

UN must help prevent civil war in Cambodia Unless the warring leadership in Cambodia quickly puts the lid on the increasing violence between the two sides, the unfortunate country could slip into another spiral of devastating civil war.

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Sat, 21 Jun 1997

JP/Govt drops proposal to increase PDI seats

Govt drops proposal to increase PDI seats JAKARTA (JP): After three weeks of controversy, the government has given up trying to increase the number of Indonesian Democratic Party (PDI) seats in the House of Representatives after the three parties failed to reach a consensus.

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Sat, 21 Jun 1997

JP/Panis in doubt

Panis in doubt MONTREAL: French Formula 1 ace Olivier Panis may be out for the rest of the season after breaking both legs in the Canadian Grand Prix last Sunday.The Prost team driver is expected to be replaced by fellow countryman Emmanuel Collard or British veteran Martin Brundle.

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Sat, 21 Jun 1997

JP/Seminar and expo on education

Seminar and expo on education JAKARTA: The Ministry of Education and Culture and a German firm of education consultants, GTZ, will hold a seminar and exhibition on vocational education and training from June 24 to June 28.

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Sat, 21 Jun 1997

JP/What does intervention mean in the Asia-Pacific?

What does intervention mean in the Asia-Pacific?By David Harries KUALA LUMPUR (JP): Intervention in the internal affairs of a sovereign state yet again showed its power to generate controversy and discomfort in a recent discussion here.

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Sat, 21 Jun 1997

JP/Golkar proposes civilian candidates for governor

Golkar proposes civilian candidates for governor JAKARTA (JP): Civilian figures, Deputy Governor of Economic and Development Affairs Tb.M. Rais and legislator HR Agung Laksono, were two candidates proposed by Golkar for Jakarta's next governor.

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Sat, 21 Jun 1997

JP/Gas shop fire kills two

Gas shop fire kills two JAKARTA (JP): A fire killed two employees and destroyed a liquefied petroleum gas station and a food stall in Jatiuwung, Tangerang.Taufik, a firefighter of the Tangerang Fire Department, said the fire started at about 11:30 a.m at the station on Jl.

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Sat, 21 Jun 1997

JP/Swiss innovation

Swiss innovation ZURICH: It was only a matter of time ... from the land of Swatch, chocolate, cheese and the Matterhorn comes the latest version of the Swiss army knife that includes a fine needle designed specifically for unblocking frozen water jets on a car's windscreen washer.

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Sat, 21 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.

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Sat, 21 Jun 1997

JP/Two Pakistanis questioned

Two Pakistanis questioned JAKARTA (JP): Police questioned two Pakistani men yesterday after they allegedly caused a disturbance at the office of a social foundation in South Jakarta.

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Sat, 21 Jun 1997

JP/Transportation permits issuance is big business

Transportation permits issuance is big business JAKARTA (JP): Officials of the City Land Transportation Agency (DLLAJ) have acknowledged there is a big difference between official route permit fees and the charges found in the route permit business.According to 1992 Municipality Regulation No.

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Sat, 21 Jun 1997

JP/RI considers buying Russian jet fighters

RI considers buying Russian jet fighters JAKARTA (JP): The Indonesian government is seriously considering buying military equipment, including jet fighters, from Russia in a bid to diversify the sources of its air defense procurement, a senior cabinet minister said yesterday.

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Sat, 21 Jun 1997

JP/Sticky price to pay

Sticky price to payFrom KompasI am writing in reference to a gubernatorial decision which decreed that donations collected via SEA Games stickers are no longer effective starting May 26, 1997. But it appears that the practice is still continuing.

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Sat, 21 Jun 1997

JP/35 military officers arrested in raids

35 military officers arrested in raids JAKARTA (JP): Thirty-five military personnel were arrested Thursday night by soldiers of the city garrison during several raids on 11 entertainment establishments in West and North Jakarta.Operations assistant of Garrison I, Col.

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Sat, 21 Jun 1997

JP/Get on 'A.R.C. Gloria', taste Colombian coffee

Get on 'A.R.C. Gloria', taste Colombian coffee JAKARTA (JP): Have a cup of Colombian coffee onboard -- the Colombian naval training ship is open to the public at Tanjung Priok port today and tomorrow.The A.R.C.

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Sat, 21 Jun 1997

JP/Asian joint footwear secretariat proposed

Asian joint footwear secretariat proposed JAKARTA (JP): Director General of Light Industries Doddy Soepardi called on Asian footwear associations yesterday to establish a joint secretariat to anticipate competition in the coming free trade era.

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Sat, 21 Jun 1997

JP/Malaysian police shoot workers

Malaysian police shoot workers PEKANBARU, Riau: Malaysian consul Zulkifli Yaacob confirmed reports yesterday that coast guards in Johor had opened fire Monday on a boat crammed with 28 Indonesian illegal migrant workers.Reports said at least one of the workers was killed.

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Sat, 21 Jun 1997

JP/Nissan takes on the small luxury market in Indonesia

Nissan takes on the small luxury market in IndonesiaBy John Aglionby THE luxury car market in Indonesia is small, with 7,500 vehicles sold a year at most. But that has not stopped more car manufacturers attempting to muscle in to grab a slice of the cake.The latest to try is Nissan.

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Sat, 21 Jun 1997

JP/Jakarta book fair gains momentum

Jakarta book fair gains momentumBy Irawati Wisnumurti JAKARTA (JP): Children in colorful ethnic outfits crowded the entrance to the annual Jakarta Book Fair at the Senayan sports hall, all anxiously awaiting their turn to appear in a dance competition being held by the fair's organizing committee.

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Sat, 21 Jun 1997

JP/RI business may have no ethics, says Aburizal

RI business may have no ethics, says Aburizal JAKARTA (JP): Indonesian businesses may have no ethics, so it is understandable that the public considers businesspeople cunning and hostile members of society, noted businessman Aburizal Bakrie said here yesterday.

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Sat, 21 Jun 1997

JP/Turkish Armed Forces is the people

Turkish Armed Forces is the people Your editorial titled Blocking militarism (June 18) has given me an opportunity to reply to an Indonesian source completely out of touch with realities in Turkey.The Turkish Armed Forces consists of 600,000 soldiers, as all young Turkish men are recruited.

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Sat, 21 Jun 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Road to Avonlea 3:10 Senior High School Group Vocal 3:35 Tour and Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:25 Science Program: Science World 5:30 TV Series: Emergency Call ...

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Sat, 21 Jun 1997

JP/Westin plans to open more hotels here

Westin plans to open more hotels here JAKARTA (JP): Westin Hotels and Resorts, a U.S. hotel management firm based in Seattle, plans a major expansion in Indonesia, its Surabaya hotel's general manager said yesterday.Rolf Salomon, said the firm was building a second hotel in Jakarta.

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Sat, 21 Jun 1997

JP/Gudang Garam 's dividend

Gudang Garam 's dividend SURABAYA (JP): Cigarette maker PT Gudang Garam will pay a total dividend of Rp 288 billion (US$120.25 million) for 1996 or Rp 150 a share.

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Sat, 21 Jun 1997

JP/Protests grow over Tarmizi Taher's remark

Protests grow over Tarmizi Taher's remark JAKARTA (JP): Protests are pouring in over Minister of Religious Affairs Tarmizi Taher's recent statement that rioters are allowed to be killed.

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Sat, 21 Jun 1997

JP/Rain washes out first day Test

Rain washes out first day TestBy Vic Mills LONDON (JP): To the disappointment of a full house at Lord's, persistent rain led to a washout of the first day's play in the second cricket Test between England and Australia at Lord's.

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Sat, 21 Jun 1997

JP/Clean water supply remains inadequate

Clean water supply remains inadequate JAKARTA (JP): The government has admitted that it cannot meet the increasing demand for clean water and that its drive to use resources more efficiently has yet to succeed.Director General of Human Settlements Rachmadi B.S.

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Sat, 21 Jun 1997

JP/Dili gets new airport chief

Dili gets new airport chief DILI: Lt. Col. Bambang Edi Purwanto was sworn in Thursday as the Dili airport commandant, replacing Lt. Col. Daniel Parinding who died in a glider accident in April.Edi had been an officer at Jakarta's Halim Perdanakusuma airport.

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