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

Thu, 24 Jul 1997

JP/The agony and ecstasy of Yoes Rizal's paintings

The agony and ecstasy of Yoes Rizal's paintingsBy Chandra Johan JAKARTA (JP): Vincent Van Gogh once wrote that quick work doesn't mean less serious work, as it all depends on one's self- confidence and experience.

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Thu, 24 Jul 1997

JP/WVI Foundation donates to orphanages

WVI Foundation donates to orphanages JAKARTA (JP): The World Vision Indonesia (WVI) Foundation donated equipment worth Rp 150 million (US$58,000) to orphanages throughout Greater Jakarta yesterday.

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Thu, 24 Jul 1997

JP/Warne the big danger for England in fourth Test

Warne the big danger for England in fourth TestBy Vic Mills LEEDS, England (JP): After a break of 17 days, the battle for the Ashes resumes this evening with the fourth cricket Test at Headingley.

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Thu, 24 Jul 1997

JP/Bapepam to rule security trading

Bapepam to rule security trading JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) is now preparing at least six rules to regulate asset-backed securities trading.

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Thu, 24 Jul 1997

JP/Pertamina determined to take over CPP field

Pertamina determined to take over CPP field JAKARTA (JP): State-owned oil and gas company Pertamina asserted yesterday the government would not change its decision allowing the company to take over the Coastal Plains Pakanbaru (CPP) oil field in central Sumatra from PT Caltex Pacific Indonesia ...

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Thu, 24 Jul 1997

JP/Laos, Myanmar join ASEAN

Laos, Myanmar join ASEANBy Meidyatama Suryodiningrat PETALING JAYA, Malaysia (JP): Laos and Myanmar were admitted as full members of the Association of Southeast Asian Nations (ASEAN) in a modest ceremony here yesterday, bringing the group one step closer to creating a united region.

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Thu, 24 Jul 1997

JP/Rupiah stabilizes but more attacks expected

Rupiah stabilizes but more attacks expected JAKARTA (JP): The Indonesian rupiah was stabilizing against the U.S. dollar yesterday, but dealers warned that attacks on the rupiah would continue this week.

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Thu, 24 Jul 1997

JP/Yayuk determined to make top 20

Yayuk determined to make top 20 JAKARTA (JP): Indonesia's top women's tennis player Yayuk Basuki will concentrate on breaking into the top 20 players and leave it up to the Indonesian Tennis Association to decide if she is to play in the 19th SEA Games here in October.

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Thu, 24 Jul 1997

JP/ASEAN 10 minus 1

ASEAN 10 minus 1 ASEAN's dream almost came true yesterday. The Association of Southeast Asian Nations (ASEAN) formally admitted two new members -- Myanmar and Laos -- on the eve of its annual foreign ministers' meeting in Kuala Lumpur. This brings its membership to nine.

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Thu, 24 Jul 1997

JP/Currency drama

Currency drama The script is by no means finished, but the recent currency drama could have a strong effect on Southeast Asia. It is, perhaps, fitting to view this issue in terms of a financial statement.

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Thu, 24 Jul 1997

JP/40 job seekers cheated

40 job seekers cheated JEMBER, East Java: Forty workers are demanding compensation from the PT TSW labor agency for failing to send them to Malaysia as scheduled.

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Thu, 24 Jul 1997

JP/Mega supporters to commemorate July 27 tragedy

Mega supporters to commemorate July 27 tragedy JAKARTA (JP): Supporters of Megawati Soekarnoputri will commemorate the first anniversary of the July 27 riot despite the government's apparent objection.

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Thu, 24 Jul 1997

JP/Sutiyoso wins more support

Sutiyoso wins more support JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sutiyoso received more support for his nomination as Jakarta's next governor from the city branch of Kosgoro, an organization affiliated with Golkar, yesterday.

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Thu, 24 Jul 1997

JP/30th AMM opens with one less member than expected

30th AMM opens with one less member than expectedBy Meidyatama Suryodiningrat PETALING JAYA, Malaysia (JP): Less than a month ago many envisioned the start of today's two-day ASEAN Ministerial Meeting (AMM) as the dawn of a new era for the organization.

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Thu, 24 Jul 1997

JP/President reiterates pledge to help children

President reiterates pledge to help children JAKARTA (JP): President Soeharto reiterated yesterday the government's commitment to improving children's standard of living and education.

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Thu, 24 Jul 1997

JP/Garuda and KLM to boost cooperation

Garuda and KLM to boost cooperation JAKARTA (JP): The national flag carrier Garuda Indonesia and the Dutch airline KLM have agreed to strengthen their cooperation in management, technology and crew training, Antara reported yesterday.

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Thu, 24 Jul 1997

JP/Taxi meter

Taxi meter Last month I was shopping at Hero Kemang, South Jakarta, and asked one of the packing boys to call a taxi for me. Because I was busy in the shoe repair shop, I did not see the taxi arrive but my bags were put inside the car.The taxi was a very old, run down and dirty car.

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Thu, 24 Jul 1997

JP/Self-respect and colonialism

Self-respect and colonialism RB Sawrey-Cookson ("Your Letters," Colonizers that bad?, July 22) has decided to resurrect himself but the message he brings has a hopelessly outdated, unrepentant colonialist tune.

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Thu, 24 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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Thu, 24 Jul 1997

JP/Presidential election will be safe: Wiranto

Presidential election will be safe: Wiranto SURABAYA (JP): Army Chief Gen. Wiranto said yesterday that security ahead of the 1998 presidential election was guaranteed.The election of the president by the People's Consultative Assembly is scheduled for March next year.

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Thu, 24 Jul 1997

JP/Local players progress easily at Governor Cup

Local players progress easily at Governor Cup JAKARTA (JP): Indonesia's Southeast Asian (SEA) Games tennis players had no trouble in the second round of the Governor Cup Tennis Women's Satellite tournament yesterday.

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Thu, 24 Jul 1997

JP/Bus driver mobbed to death

Bus driver mobbed to death JAKARTA (JP): A bus driver was found dead in Pondok Kopi, East Jakarta, yesterday, possibly after he was mobbed by other bus drivers, City Police spokesman Lt. Col. E. Aritonang said yesterday.

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Thu, 24 Jul 1997

JP/Call for investment promotion outside Java

Call for investment promotion outside Java JAKARTA (JP): Coordinating Minister for Production and Distribution Hartarto urged the Investment Coordinating Board (BKPM) yesterday to facilitate flows of foreign investments outside Java and Bali.

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Thu, 24 Jul 1997

JP/Indonesian children: The echo of lost voices

Indonesian children: The echo of lost voicesText and photos by Agus Y. Ranu JAKARTA (JP): It is often said that children own the future. Challenging this is the wreckage of dreams in instances of exploitation, molestation, rape and street violence.

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Thu, 24 Jul 1997

JP/Sumarah pioneers ceramic art studies

Sumarah pioneers ceramic art studiesBy Irawati Wisnumurti JAKARTA (JP): Sumarah Adhyatman, a self-taught ceramics enthusiast, has emerged as Indonesia's ceramic expert whose books on Indonesian ceramics and beads have become national treasures as the first of their kind.

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Thu, 24 Jul 1997

JP/Art Agenda

Art AgendaArt Exhibition: Latin America and Caribbean at Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya No. 73, Central Jakarta; July 24-30This unique exhibition features paintings of renowned and promising contemporary Latin American and Caribbean artists.

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Thu, 24 Jul 1997

JP/Can we avoid a 'debt trap'?

Can we avoid a 'debt trap'?By Aleksius Jemadu BANDUNG (JP): Foreign debt has been an important source of funds for the New Order's economic development. In the last two decades, Indonesia's foreign debt has increased rapidly and is estimated to be more than US$100 billion.

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Thu, 24 Jul 1997

JP/Ardy jumps 10 spots in world badminton rankings

Ardy jumps 10 spots in world badminton rankings JAKARTA (JP): Indonesian veteran Ardy B. Wiranata ranking has jumped from 19th to ninth after his win in the Indonesian Open last week in Surakarta, Central Java.It was his second win this year after the Swedish Open in March.

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Thu, 24 Jul 1997

JP/Asia-Pacific postal seminar

Asia-Pacific postal seminar JAKARTA (JP): Directorate General of Post and Telecommunications and the state-owned postal service PT Pos Indonesia will hold a seminar on Asia-Pacific's postal services on July 28 and July 29, 2005.

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Thu, 24 Jul 1997

JP/Rupiah devaluation not needed

Rupiah devaluation not needed Much apprehension has been created in the past few days by maneuvers made by foreign exchange speculators. After having upset the Thai, Philippine and Malaysian currencies those speculators have also tried to pressure our monetary system.

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Thu, 24 Jul 1997

JP/Tanah Abang vendors jailed for rioting

Tanah Abang vendors jailed for rioting JAKARTA (JP): Three sidewalk vendors each received a one-year jail term yesterday for their role in the Tanah Abang market riot in January.

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Thu, 24 Jul 1997

JP/Golkar and PPP in barter deal on commission chiefs

Golkar and PPP in barter deal on commission chiefs JAKARTA (JP): Golkar and the United Development Party (PPP) will likely barter for the chairmanship of the City Council's Commission C on financial affairs, which was held by PPP for several office terms.

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Thu, 24 Jul 1997

JP/Legislators upbeat on manpower bill deadline

Legislators upbeat on manpower bill deadline JAKARTA (JP): All four factions of the House of Representatives are confident that deliberation of the manpower bill will be completed by the Sept. 15 deadline.

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Thu, 24 Jul 1997

JP/Major reshuffle at City Police

Major reshuffle at City Police JAKARTA (JP): City Police have conducted a major reshuffling of its organization, involving 13 positions which will be filled by new officers.City Police spokesman Lt. Col. E.

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Thu, 24 Jul 1997

JP/Diplomatic dealings

Diplomatic dealings Andrew Higins' account (June 28, 1997) of Hong Kong is interesting, as it is regarded as the world's most valuable patch of real estate, assessed at over US$96 billion, with a population of only 6.4 million.

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Thu, 24 Jul 1997

JP/Call for early detection of children's kidney problems

Call for early detection of children's kidney problems JAKARTA (JP): Indonesia needs an early detection system for kidney problems in children and an integrated medical program for doctors, an expert in child nephrology said yesterday.

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Thu, 24 Jul 1997

JP/UN official seeks information on E. Timor

UN official seeks information on E. Timor JAKARTA (JP): A United Nations official met some members of the National Commission on Human Rights yesterday to gather information on conditions in East Timor.

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Thu, 24 Jul 1997

JP/Officials have mixed reactions to Salim's plan

Officials have mixed reactions to Salim's plan JAKARTA (JP): Officials gave mixed reactions yesterday to the Salim Group's plan to sell giant PT Indofood Sukses Makmur to tiny QAF Ltd incorporated in Singapore.

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Thu, 24 Jul 1997

JP/Pino Bahari has slim chance of joining SEA Games squad

Pino Bahari has slim chance of joining SEA Games squad JAKARTA (JP): Indonesian light heavyweight boxer Pino Bahari chances of joining the national squad for the 19th Southeast Asian (SEA) Games are slim after losing at the 18th President Cup championships.

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Thu, 24 Jul 1997

JP/Two arrested for sand quarrying

Two arrested for sand quarrying JAKARTA (JP): Police have arrested two men accused of coordinating a massive operation to quarry sand on one of the Thousand Islands in Jakarta Bay.City Police spokesman Lt.Col. E.

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Thu, 24 Jul 1997

JP/New ASEAN members present tariff cut list

New ASEAN members present tariff cut list PETALING JAYA, Malaysia (JP): Laos and Myanmar submitted yesterday a list of nearly 3,000 products to be included in the list for the ASEAN Free Trade Area (AFTA) just moments after they were admitted as the newest members of the grouping.

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Thu, 24 Jul 1997

JP/Ranariddh meets Soeharto

Ranariddh meets Soeharto JAKARTA (JP): President Soeharto met ousted Cambodian First Prime Minister Prince Norodom Ranariddh last night at his Jl. Cendana residence.During their 45-minute meeting, Soeharto was accompanied by the Ministry of Foreign Affairs' secretary-general, Abdul Irsan.

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Thu, 24 Jul 1997

JP/Acquisition angle

Acquisition angle I would like to make the following comments on Kwik Kian Gie's remarks on Salim Group's acquisition plan published in this paper (Salim group urged not to shift assets overseas, July 21, page 1).

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Thu, 24 Jul 1997

JP/House wraps up environment bill

House wraps up environment bill JAKARTA (JP): The House of Representatives has finished deliberating the government-sponsored environment bill and is expected to pass it into law early next month.

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Thu, 24 Jul 1997

JP/Egypt-Indonesia

Egypt-IndonesiaCorrection: The Treaty of Friendship and Cordiality between Indonesia and Egypt was signed on June 25, 1947, not June 25, 1957 as appeared on this page yesterday. We regret the error.

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Thu, 24 Jul 1997

JP/Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Holiday Inn, Jl. Ir. H. Juanda 33, Bandung: - Kebun Bambu Restaurant: Guitar performance, Friday and Saturday, 7.45 p.m. to 10.15 p.m. - Braga Bar and Lounge: Jazz live entertainment at 7.30 p.m. to 11.

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Thu, 24 Jul 1997

JP/Three prosecutors demoted in Maluku

Three prosecutors demoted in Maluku AMBON, Maluku: Three prosecutors will be demoted for administrative violations, a press report said yesterday.The Maluku prosecutors office has also postponed the regular promotion of three court staff for a year for similar offenses, Antara reported.

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Thu, 24 Jul 1997

JP/ASEAN ministers firm on keeping Cambodia out

ASEAN ministers firm on keeping Cambodia outBy Santi WE Soekanto PETALING JAYA, Malaysia (JP): ASEAN foreign ministers stuck to their guns yesterday and decided not to include Cambodia into the organization, despite the latter's last-minute demand for admission.

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Thu, 24 Jul 1997

JP/Jakarta in need of underground mapping

Jakarta in need of underground mapping JAKARTA (JP): Jakarta is badly in need of underground mapping to enable the city to utilize its land for underground construction, an official said yesterday.

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Thu, 24 Jul 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 23, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 24 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 Flora and Fauna: Pesona Flora 5:00 Arabic Lessons 5:30 Children's Drama: Sang Penipu ...

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Thu, 24 Jul 1997

JP/Bank Mayapada to float 65m shares

Bank Mayapada to float 65m shares JAKARTA (JP): Bank Mayapada plans to float 65 million new shares to the public next month to raise Rp 32.5 billion (US$12.7 million) in fresh funds.

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Thu, 24 Jul 1997

JP/'Captain Ecstasy' to face tribunal

'Captain Ecstasy' to face tribunal YOGYAKARTA: A police captain detained for allegedly possessing 360 Ecstasy tablets may be court martialled, according to the local military chief.Maj. Gen.

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