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

Thu, 10 Jul 1997

JP/Govt approves six Casa-212s for Merpati

Govt approves six Casa-212s for Merpati JAKARTA (JP): The government has agreed to buy six Casa-212 aircraft for the state-owned carrier Merpati Nusantara Airlines, Minister for Transportation Haryanto Dhanutirto said yesterday.

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Thu, 10 Jul 1997

JP/Drought dashes farmers' hope

Drought dashes farmers' hope UJUNGPANDANG, South Sulawesi: The dry spell has severely affected about 26,000 hectares of paddy fields in this province and in Riau, officials said yesterday.

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Thu, 10 Jul 1997

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Horison Hotel, Jl. Pelajar Pejuang 45 No. 121, Maskumambang 8 Buah Batu: - Spec's Music Lounge and Karaoke, at 7 p.m. to 2 a.m., P&P Band and Flower Power Band, Wednesday, Saturday. Organist and Singer, daily.

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Thu, 10 Jul 1997

JP/Merpati plane crashes, killing all three on board

Merpati plane crashes, killing all three on board JAKARTA (JP): A Casa-212 Merpati Nusantara Airlines aircraft crashed near Pattimura airport in Ambon, Maluku, yesterday morning killing its three-man crew, the airline's spokesman said.Tondo Widodo said flight MZ 7979 crashed at 10:57 a.m.

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Thu, 10 Jul 1997

JP/Indonesian Moslem intellectuals and democracy

Indonesian Moslem intellectuals and democracyBy Masykuri Abdillah JAKARTA (JP): The Moslem intellectuals' concept of the principle of liberty is not in line with the liberal view, namely the absence of constraints or obstacles.

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Thu, 10 Jul 1997

JP/Rupiah is strong and stable: Mar'ie

Rupiah is strong and stable: Mar'ie JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday the rupiah was strong and stable and capital inflows remained consistent, giving no evidence of inconsistency in the country's economic fundamentals.

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Thu, 10 Jul 1997

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on July 9, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,225 ...

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Thu, 10 Jul 1997

JP/Syarwan defends ABRI's handling of election riots

Syarwan defends ABRI's handling of election riots JAKARTA (JP): The military refused yesterday to take the blame for the trail of election violence that hit parts of the country in May.Armed Forces (ABRI) Chief of Sociopolitical Affairs Lt. Gen.

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Thu, 10 Jul 1997

JP/BBL Dharmala to issue Rp 200 billion bonds

BBL Dharmala to issue Rp 200 billion bonds JAKARTA (JP): Multifinance company PT BBL Dharmala Finance has plans to issue a five year bond worth Rp 200 billion (US$83.33 million) in July next year to strengthen its working capital.

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Thu, 10 Jul 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Patriot 6:00 News: ...

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Thu, 10 Jul 1997

JP/Art Agenda

Art AgendaArt Exhibition: Pamela Jones Quilts at UPHLobby, Building A of UPH Tower, Lippo Karawaci, Tangerang, West Java; July 8-16The Universitas Pelita Harapan, in association with the Australia-Indonesia Institute, presents quilts made by this Australian artist.

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Thu, 10 Jul 1997

JP/Military morality a necessity

Military morality a necessity From Germany we learn of soldiers readying for a tour of duty with NATO in Bosnia-Herzegovina with the help of a privately made video showing mock rapes, torture and execution scenes.

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Thu, 10 Jul 1997

JP/European business called on to invest more in RI hi-tech

European business called on to invest more in RI hi-tech JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo called on European business yesterday to invest more in high technology industry in Indonesia.

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Thu, 10 Jul 1997

JP/Credit rating workshop

Credit rating workshop JAKARTA (JP): The ASEAN Forum of Credit Rating Agencies will hold a workshop in Yogyakarta to discuss rating standardization and harmonization.

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Thu, 10 Jul 1997

JP/Mandaluyung upsets Moscow in World Cities Chess C'ship

Mandaluyung upsets Moscow in World Cities Chess C'ship JAKARTA (JP): Top seed Moscow surprisingly lost to unfancied Filipino side Manduluyung in the second round of the World Cities Chess Championship here yesterday.

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Thu, 10 Jul 1997

JP/Over 2,000 homeless as fire hits Sawah Besar

Over 2,000 homeless as fire hits Sawah Besar JAKARTA (JP): A fire which destroyed more than 100 houses in Sawah Besar district, Central Jakarta, yesterday, left 330 families, or more than 2,000 people, homeless.Residents of Jl.

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Thu, 10 Jul 1997

JP/New fuel tax 'should be applied selectively'

New fuel tax 'should be applied selectively' JAKARTA (JP): The planned introduction of a new 5 percent tax on fuel should not be applied to all consumers, councilors said yesterday.

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Thu, 10 Jul 1997

JP/Bad loans at Rp 10/23 trillion as of April

Bad loans at Rp 10/23 trillion as of April JAKARTA (JP): Bank Indonesia, the central bank, announced yesterday that bad loans at state and privately owned banks reached Rp 10.23 trillion (US$4.19 billion) as of April, or 2.93 percent of the total Rp 349.77 trillion in loans.

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Thu, 10 Jul 1997

JP/Government ready to evacuate Indonesians in Cambodia

Government ready to evacuate Indonesians in Cambodia JAKARTA (JP): Indonesia remains one of the last Association of Southeast Asian Nations (ASEAN) countries not to have evacuated its nationals in strife-hit Cambodia, but said yesterday that a Hercules military transport plane was on stand-by ...

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Thu, 10 Jul 1997

JP/Soeharto promises more local autonomy

Soeharto promises more local autonomy JAKARTA (JP): The government pledged yesterday to continue its campaign to delegate more authority to regency administrations, despite fears of national disintegration.

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Thu, 10 Jul 1997

JP/Cartoons of concern on Bali's landscape

Cartoons of concern on Bali's landscapeBy Putu Wirata DENPASAR, Bali (JP): Cartoonists have the advantage of being able to convey their concerns on grave subjects in a forum often laughed off as unthreatening.

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Thu, 10 Jul 1997

JP/Opposites interact in artists' paradoxical painting styles

Opposites interact in artists' paradoxical painting stylesBy R. Fadjri YOGYAKARTA (JP): An exhibition of two opposing styles lives true to its meaning.

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Thu, 10 Jul 1997

JP/Many schools short of students

Many schools short of students BOGOR (JP): About one fifth of 302 state elementary schools in Bogor are facing a shortage of students, head of Bogor Education and Culture Office Ayo Tjumara said yesterday.

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Thu, 10 Jul 1997

JP/Computerized school registration in a mess

Computerized school registration in a mess JAKARTA (JP): Parents and students have been flooding the Ministry of Education and Culture's city office over the past few days with complaints of students not being placed at selected schools.

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Thu, 10 Jul 1997

JP/Six states competing in bowling c'ship

Six states competing in bowling c'ship JAKARTA (JP): Six countries are competing in the 13th Indocement Cup International Open Bowling Championship which began at the Jaya Ancol Bowling Center yesterday.

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Thu, 10 Jul 1997

JP/Syarwan Hamid set to occupy seat in House

Syarwan Hamid set to occupy seat in House JAKARTA (JP): Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid confirmed yesterday that he would take a seat in the House of Representatives for the 1997-2002 term.

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Thu, 10 Jul 1997

JP/BI defends property loan ban

BI defends property loan ban JAKARTA (JP): Central bank Governor Soedradjad Djiwandono yesterday defended a ban on new loans for land acquisition and development, saying that moral suasion had not curbed a rapid increase in property loans.

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Thu, 10 Jul 1997

JP/Reading not a 'serious business'

Reading not a 'serious business'By Ignas Kleden JAKARTA (JP): The Indonesian Publishers Association's (IKAPI) Jakarta branch recently held a book fair.

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Thu, 10 Jul 1997

JP/13 die in collision on Aceh highway

13 die in collision on Aceh highway JAKARTA (JP): Thirteen people died and at least four others were seriously injured in a traffic accident Monday night on the Banda Aceh-Medan highway.

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Thu, 10 Jul 1997

JP/Tourism promotion budget far below target

Tourism promotion budget far below target JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications has targeted collecting Rp 207.45 billion (US$84.67 million) in development tax this fiscal year to finance tourism promotion.

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Thu, 10 Jul 1997

JP/Polysindo and Datakom get improved ratings

Polysindo and Datakom get improved ratings JAKARTA (JP): Standard & Poor's raised the ratings of both PT Polysindo Eka Perkasa and Polysindo International Finance Co BV yesterday to BB plus from BB and reclassified both entities as stable instead of positive.

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Thu, 10 Jul 1997

JP/Training course on funerals

Training course on funerals JAKARTA (JP): About 120 senior high school students began a week-long training course yesterday on funeral issues, a municipality spokesman said.Kamaludin S.

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Thu, 10 Jul 1997

JP/Naturalist's house in ruin

Naturalist's house in ruin TERNATE, Maluku: The house of 19th century British naturalist Alfred Russel Wallace in this North Maluku regency is in ruin because of neglect, Antara reported.

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Thu, 10 Jul 1997

JP/Sikka language

Sikka language On Feb. 28, 1994, I received a letter from Hein Steinhauer in response to my request published in "Your Letters" (The Jakarta Post Feb. 23, 1994). He also enclosed several copies of his papers and articles that he once sent to magazines or presented at certain seminars.

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Thu, 10 Jul 1997

JP/Blood donors 'should be told if they are HIV positive'

Blood donors 'should be told if they are HIV positive' JAKARTA (JP): A legislator has called on the government to drop a policy which forbids the Red Cross to inform blood donors if they are infected with the Human Immunodeficiency Virus (HIV).

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Thu, 10 Jul 1997

JP/New shipping policy needs financial support

New shipping policy needs financial support JAKARTA (JP): The government's move to allow imports of used cargo and fishing vessels needs financial and fiscal support, says a member of the House of Representatives.

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Thu, 10 Jul 1997

JP/Broadcasting bill to be sent back for amendment

Broadcasting bill to be sent back for amendment JAKARTA (JP): President Soeharto will send the broadcasting bill, passed last December, back to the House of Representatives for amendment, Minister/State Secretary Moerdiono said yesterday.

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Thu, 10 Jul 1997

JP/Komatsu Indonesia increases production capacity by 30%

Komatsu Indonesia increases production capacity by 30% JAKARTA (JP): Publicly listed heavy equipment producer PT Komatsu Indonesia opened yesterday a new heavy equipment assembly plant in Cilincing, North Jakarta.

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Thu, 10 Jul 1997

JP/Vendors face 18 months in jail

Vendors face 18 months in jail JAKARTA (JP): A prosecutor demanded the Central Jakarta District Court to sentence three roadside vendors involved in a riot and the arson of the Tanah Abang district office building to 18 months' imprisonment.

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Thu, 10 Jul 1997

JP/Stop complaining about shortcomings: Soeharto

Stop complaining about shortcomings: Soeharto JAKARTA (JP): President Soeharto said yesterday it was needless for the nation to complain about development shortcomings, much less let discontent grow so that people lost self control and became destructive.

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Thu, 10 Jul 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Jamz, Jl. Panglima Polim Raya. No. LMN 11, South Jakarta, at 9.30 p.m. to 1 a.m.: Harvey M, Benny L & Co, Monday. Benny L & Co, Dixie Night, Tuesday. Indra, Jamz Session, Wednesday. Wachdach Band, Thursday. Embong R and Audensi Band, Friday.

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Thu, 10 Jul 1997

JP/Sound indicators

Sound indicators The robust, key economic indicators announced after the monthly cabinet meeting last week, when the Asian financial situation plunged into turmoil after the floating of Thailand's baht, served to further reassure both domestic and foreign investors of the sound fundamentals of ...

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