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

Wed, 23 Jul 1997

JP/Nuriana gets gold pen

Nuriana gets gold pen BANDUNG: West Java Governor H.R. Nuriana received a Gold Pen award yesterday from the Association of Indonesian Journalists as a token of appreciation for his contribution to developing the national press.

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Wed, 23 Jul 1997

JP/Rupiah recovering from assaults

Rupiah recovering from assaults JAKARTA (JP): The Indonesian rupiah, helped by the central bank's intervention, recovered yesterday from speculative attacks that drove it to a historic low Monday, dealers and brokers said.They said the rupiah strengthened to 2,570/2,575 against the U.S.

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Wed, 23 Jul 1997

JP/Cambodia pushes for ASEAN seat

Cambodia pushes for ASEAN seatBy Meidyatama Suryodiningrat PETALING JAYA, Malaysia (JP): Cambodia is still expressing a keenness to join the Association of Southeast Asian Nations (ASEAN) immediately, but officials took a wait-and-see approach here yesterday, saying that a final decision would be ...

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Wed, 23 Jul 1997

JP/Propaganda coup, information flop

Propaganda coup, information flop Hwang Jang-yop is outspoken in his apparent hatred of the Pyongyang regime he served for so long. Hwang, the most senior North Korean official to ever defect to the South, says the communist state's preparation for war is beyond imagination.

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Wed, 23 Jul 1997

JP/RI workers in Singapore

RI workers in Singapore We were shocked by the report on the torture experience by 14- year old Hartati, from Banyumas, Central Java, a migrant worker in Singapore.

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Wed, 23 Jul 1997

JP/Yayuk Basuki to compete at 19th SEA Games

Yayuk Basuki to compete at 19th SEA Games JAKARTA (JP): The National Sports Council is relieved that it will probably win two gold medals in tennis at the 19th Southeast Asian (SEA) Games here in October because Indonesia's top tennis player Yayuk Basuki will compete in the biennial event.

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Wed, 23 Jul 1997

JP/Iwate eyes Bali as new sister

Iwate eyes Bali as new sister DENPASAR, Bali: Governor of Japan's prefecture of Iwate, Hiroya Masuda, is interested in making his district and the resort island of Bali sister provinces.

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Wed, 23 Jul 1997

JP/PHRI to hold national convention tomorrow

PHRI to hold national convention tomorrow JAKARTA (JP): The Indonesian Hotels and Restaurants Association (PHRI) will begin its 12th national convention in Jakarta tomorrow, chairman Pontjo Sutowo said yesterday.President Soeharto will address the convention on July 25.

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Wed, 23 Jul 1997

JP/Indonesia to semifinal at ABC championship

Indonesia to semifinal at ABC championship JAKARTA (JP): Indonesia's Aspac advanced to the semifinals of the 8th Asian Basketball Confederation championship yesterday after ousting Hong Kong's Regal 91-71 in the quarterfinals.

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Wed, 23 Jul 1997

JP/Caltex urges government to extend its CPP contract

Caltex urges government to extend its CPP contract JAKARTA (JP): PT Caltex Pacific Indonesia has appealed to the government to reconsider its decision allowing state-owned oil company Pertamina to take over the Coastal Plains Pakanbaru (CPP) oil field in central Sumatra, Caltex president director ...

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Wed, 23 Jul 1997

JP/Health promotion begins at grassroots

Health promotion begins at grassrootsBy Listiana Operananta Cancer is a major illness being tackled by the Indonesian government.

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Wed, 23 Jul 1997

JP/Mayor to keep soccer field

Mayor to keep soccer field JAKARTA (JP): Central Jakarta Mayor Abdul Kahfi said yesterday that the Menteng soccer stadium, a prime target of many developers because of its strategic location, should be retained.

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Wed, 23 Jul 1997

JP/Protection campaign to safeguard rights of the young

Protection campaign to safeguard rights of the youngBy Rita A. Widiadana JAKARTA (JP): President Soeharto launches a child protection campaign this morning in conjunction with National Children's Day to battle physical and emotional mistreatment.

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Wed, 23 Jul 1997

JP/Timor proposes US$840m loan to finance car plant

Timor proposes US$840m loan to finance car plant JAKARTA (JP): PT Timor Putra Nasional has proposed US$840 million in loans from a syndication of state and private banks to help finance the construction of its manufacturing facilities in Cikampek, West Java, a company executive said.

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Wed, 23 Jul 1997

JP/Child labor export upset Soeharto

Child labor export upset Soeharto JAKARTA (JP): Reports on the alleged torture of a 15-year-old Indonesian maid in Singapore drew President Soeharto's concern yesterday over the export of child workers.

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Wed, 23 Jul 1997

JP/Building owners agree to redesign their fences

Building owners agree to redesign their fences JAKARTA (JP): Most owners of high-rise buildings along Jl. M.H. Thamrin in Central Jakarta have agreed to tear down fences and other border walls to create a friendlier atmosphere, a city official said yesterday.

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Wed, 23 Jul 1997

JP/Egypt-Indonesia ties soldier on after 40 years

Egypt-Indonesia ties soldier on after 40 yearsBy Meidyatama Suryodiningrat JAKARTA (JP): Forty years ago in Cairo, one of Indonesia's most legendary political figures, Agus Salim, who was then foreign minister, in a very quiet affair signed a document with Egyptian prime minister Nokrashy Pasha ...

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Wed, 23 Jul 1997

JP/Jardine launches two mutual funds

Jardine launches two mutual funds JAKARTA (JP): PT Jardine Fleming Nusantara Investment Management (JFNIM) will launch two mutual funds in the next two months.

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Wed, 23 Jul 1997

JP/Soeharto happy to open course for legislators

Soeharto happy to open course for legislators JAKARTA (JP): President Soeharto has agreed to open a crash course for the next 500 members of the House of Representatives on Aug. 9 at the State Palace, State Minister of Special Assignments Harmoko announced yesterday.

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Wed, 23 Jul 1997

JP/Baby and youth killed in fire

Baby and youth killed in fire PALANGKARAYA, Central Kalimantan: Fire destroyed at least 500 houses in Kuala Kapuas Kecil, a slum area in Kuala Kapuas, here Monday evening, killing a baby and a teenage boy.Kapuas regency official Samsi P.

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Wed, 23 Jul 1997

JP/RI's Irawati to meet Thai Benjamas in Governor Cup

RI's Irawati to meet Thai Benjamas in Governor Cup JAKARTA (JP): Indonesia's Irawati Moerid Iskandar will meet old rival Benjamas Sangaram of Thailand in the second round of the Governor Cup Women's Circuit at the Kemayoran Tennis Complex today.

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Wed, 23 Jul 1997

JP/NTUC, Pidemco take stake in Mal Ciputra project

NTUC, Pidemco take stake in Mal Ciputra project JAKARTA (JP): NTUC Income and Pidemco Land, both of Singapore, agreed here yesterday to take a 10 percent and 5 percent stake respectively in the US$488 million Mal Ciputra project.

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Wed, 23 Jul 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Planet Hollywood, Jl. Gatot Subroto Kav. 16, South Jakarta, Music Hours, Wednesday to Sunday, 9.30 p.m. onwards: Tricia Tahara, an American Singer. Top Classic Rock Music, every Thursday. Flashback night features old time favorite songs, every Friday. * Jamz, Jl.

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Wed, 23 Jul 1997

JP/Soldiers held for manslaughter

Soldiers held for manslaughter JAKARTA (JP): Three men, who claimed to be members of the Air Force, were arrested and three others were being sought by police for their alleged involvement in the beating death of a security officer of a housing estate in Cipondoh, Tangerang, West Java, on Sunday.

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Wed, 23 Jul 1997

JP/Nirwana Resort to open soon

Nirwana Resort to open soon JAKARTA (JP): Bakrie Group's Nirwana Bali Resort will be fully operational this year after the opening of its five-star Le Meridien Golf & Spa resort hotel in September, the company announced yesterday.

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Wed, 23 Jul 1997

JP/Telkom warns of disruptions

Telkom warns of disruptions JAKARTA (JP): Telephone numbers with prefixes 740, 741, 742, 743, 744, 749, 7470 and 7471 may be disrupted in the next few days because of cable repair work, PT Telkom said on Monday.

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Wed, 23 Jul 1997

JP/ASEAN officials draft ministers' communique

ASEAN officials draft ministers' communiqueBy Meidyatama Suryodiningrat PETALING JAYA, Malaysia (JP): Senior Association of Southeast Asian Nations (ASEAN) officials ended their meeting yesterday, fine-tuning the final communique for ministerial consideration and calling for the nuclear weapons ...

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Wed, 23 Jul 1997

JP/Battle for Ashes resumes Thursday at Headingley

Battle for Ashes resumes Thursday at HeadingleyBy Vic Mills LEEDS, England (JP): The battle for the Ashes, currently tied at 1-1 in a best of six series, resumes Thursday with the fourth Test at Headingley.

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Wed, 23 Jul 1997

JP/TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Topacio 5:55 Music 6:00 News: ...

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Wed, 23 Jul 1997

JP/Andojo to head Trisakti law school

Andojo to head Trisakti law school JAKARTA (JP): Former deputy chief justice Adi Andojo Soejipto begins his career at Jakarta's Trisakti University tomorrow when he will be installed as dean of its law school."I will be in the position until 2000," Adi Andojo told The Jakarta Post yesterday.

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Wed, 23 Jul 1997

JP/'Big savings' by banning cyanide fishing, bombing

'Big savings' by banning cyanide fishing, bombing JAKARTA (JP): Indonesia will lose an estimated Rp 6.5 trillion (US$3 billion) a year because of coral reef damage unless it can stop fish bombing and cyanide fishing, an expert warned yesterday.

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Wed, 23 Jul 1997

JP/Making mistakes in the pursuit of truth

Making mistakes in the pursuit of truthBy Mochtar Buchori JAKARTA (JP): Anyone searching for truth is bound to make mistakes before he or she discovers something that satisfies his or her criteria of "truth". Why? Perhaps because, as Georges Duhammel said in Le Notaire Du Havre (1933),"...

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Wed, 23 Jul 1997

JP/Indonesia's foreign debt level not a concern: ADB

Indonesia's foreign debt level not a concern: ADB JAKARTA (JP): President of the Asian Development Bank (ADB) Mitsuo Sato said here yesterday Indonesia's foreign debt level was not yet a concern and the bank would continue to provide assistance to the country.

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Wed, 23 Jul 1997

JP/A lack of ethics?

A lack of ethics? A trader has no homeland, an old English proverb says. And now, in this era of globalization, the old saying appears to have come into vogue again in Indonesia.

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Wed, 23 Jul 1997

JP/Woman held for abusing maid

Woman held for abusing maid JAKARTA (JP): A resident of Cengkareng, West Jakarta, is in police custody for allegedly beating her housemaid.City Police spokesman Lt.Col. E. Aritonang said yesterday the woman was detained on Monday for her own safety after angry local residents gathered in the area.

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Wed, 23 Jul 1997

JP/Wasting water

Wasting water I would like to refer to a subject which is obviously becoming more serious; the drinking water supply in Jakarta.

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Wed, 23 Jul 1997

JP/Police shoot suspect of car theft gang

Police shoot suspect of car theft gang JAKARTA (JP): Police shot dead a man yesterday who was believed to be a member of a car theft syndicate, City Police spokesman Lt. Col. E. Aritonang said.

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Wed, 23 Jul 1997

JP/Fire costs Rp 4 billion

Fire costs Rp 4 billion SAMARINDA, East Kalimantan: A fire gutted 364 stalls and houses at Senggol market in South Bontang early Friday causing Rp 4 billion (US$1.7 million) in losses and leaving about 2,000 people homeless.No fatalities were reported.

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Wed, 23 Jul 1997

JP/46 vagrants arrested in Bogor

46 vagrants arrested in Bogor BOGOR (JP): Public order officials of the Bogor administration have netted 46 vagrants in an operation on major roads in the city, an official said yesterday.

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Wed, 23 Jul 1997

JP/Soccer security tightened

Soccer security tightened SURABAYA, East Java (JP): Security will be tightened in places along the way to Indonesian soccer league venues in Jakarta to prevent vandalism by hooligan supporters.East Java's military commander, Maj. Gen.

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Wed, 23 Jul 1997

JP/A San Fransisco thriller

A San Fransisco thrillerBy Djanwar Madjolelo JAKARTA (JP): The outcome was in doubt right down to the final board in the Reisinger Board-a-Match team ACBL Fall National, San Francisco 1996.

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Wed, 23 Jul 1997

JP/President Mandela met jailed Xanana last week

President Mandela met jailed Xanana last week JAKARTA (JP): South African President Nelson Mandela met jailed East Timorese separatist leader Jose Alexandre "Xanana" Gusmao at Merdeka Palace during his visit here last week, a senior pro-integration East Timor politician said yesterday.

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Wed, 23 Jul 1997

JP/Ratelindo eyes nationwide operation

Ratelindo eyes nationwide operation JAKARTA (JP): The telecommunication company PT Ratelindo, a subsidiary of PT Bakrie Brothers, expects to expand its fixed wireless telephone service nationwide by 1999, the company's director for business and service development, Remedi Perangingangin, said ...

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Wed, 23 Jul 1997

JP/Asuransi Lippo offers shares

Asuransi Lippo offers shares JAKARTA (JP): PT Asuransi Lippo (Lippo General Insurance) of the widely diversified Lippo Group made a successful capital market debut when it floated its shares on the Jakarta Stock Exchange yesterday.

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Wed, 23 Jul 1997

JP/Tri Polyta gets advisor

Tri Polyta gets advisor JAKARTA (JP): PT Tri Polyta Indonesia said yesterday it had appointed Merrill Lynch as its financial advisor on negotiations with PT Chandra Asri regarding long-term supplies of propylene.

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Wed, 23 Jul 1997

JP/Colonial crossfire

Colonial crossfire There were two letters regarding colonialism in The Jakarta Post on July 22, 1997. One was a well balanced view which put forth some of the benefits of colonialism. The second, unfortunately, was written with xenophobic and somewhat illogical views.How Mr.

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Wed, 23 Jul 1997

JP/Five people arrested Rp 408m vehicle tax scam

Five people arrested Rp 408m vehicle tax scam JAKARTA (JP): Five people have been arrested in a vehicle tax scam worth over Rp 408 million (US$160,000) at a major car rental company in Jakarta, City Police spokesman Lt. Col. E. Aritonang said yesterday.

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Wed, 23 Jul 1997

JP/Colonizers and Aborigines

Colonizers and Aborigines I would like to comment on Mr. Ronci's letter regarding the tyranny of colonialism. Ronci is of course correct in his observation that colonists were nothing more than a pack of thieves preying on defenseless nations.

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Wed, 23 Jul 1997

JP/Our children's rights

Our children's rights Not all of us may see the same degree of urgency in the call which activist Arist Merdeka Sirait made on Monday.

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Wed, 23 Jul 1997

JP/Indonesia nominates Uton for WHO top post

Indonesia nominates Uton for WHO top post JAKARTA (JP): Indonesia has nominated Uton Muchtar Rafei as the next director general of the World Health Organization (WHO), Minister of Health Sujudi said yesterday.

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Wed, 23 Jul 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 22, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Wed, 23 Jul 1997

JP/Edy Waluyo named as new speaker of City Council

Edy Waluyo named as new speaker of City Council JAKARTA (JP): The 75 new councilors elected Brig. Gen. Edy Waluyo of the Armed Forces (ABRI) as City Council speaker for the 1997-2002 office term in a plenary session yesterday.

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Wed, 23 Jul 1997

JP/Gambling-machine technician nabbed

Gambling-machine technician nabbed JAKARTA (JP): A Malaysian man arrested by immigration officers on Friday was still being detained at the West Jakarta Immigration Office in Kalideres yesterday.The head of the immigration office, M.

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Wed, 23 Jul 1997

JP/Women, children 'need better citizenship law'

Women, children 'need better citizenship law' JAKARTA (JP): Citizenship laws must become more gender- oriented and institutionally controlled to empower women to control their citizenships and their children's, observers said yesterday.

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Wed, 23 Jul 1997

JP/Public transport ranks highest in traffic violations

Public transport ranks highest in traffic violations JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata urged public transportation drivers yesterday to improve their driving behavior as, according to police records, they rank highest in traffic violations.

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Wed, 23 Jul 1997

JP/Foreign countries told to stay out of RI's affairs

Foreign countries told to stay out of RI's affairs JAKARTA (JP): Minister of Defense and Security Gen. (ret.) Edi Sudradjat said yesterday that foreign countries should not interfere in Indonesia's internal affairs.

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Wed, 23 Jul 1997

JP/Humpuss pulls out of GKG

Humpuss pulls out of GKG JAKARTA (JP): The Humpuss Group has canceled its plans to take over the assets and liabilities of a petrochemical project formerly controlled by the Golden Key Group (GKG).

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Wed, 23 Jul 1997

JP/Pakpahan seeks independent team for opinion on his health

Pakpahan seeks independent team for opinion on his health JAKARTA (JP): Jailed labor leader Muchtar Pakpahan demanded yesterday that the government form an independent medical team to seek another opinion after his request to get treatment abroad had been turned down.

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Wed, 23 Jul 1997

JP/New officials at UI installed

New officials at UI installed JAKARTA (JP): Rector M.K. Tadjuddin installed 19 new officials at the University of Indonesia as vice deans and heads of various research centers on Monday.

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