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

Wed, 09 Jul 1997

JP/S. Korea to import more LNG from RI

S. Korea to import more LNG from RI JAKARTA (JP): South Korea will import more liquefied natural gas (LNG) from Indonesia and further promote energy cooperation between the two countries, a visiting South Korean minister said yesterday.

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Wed, 09 Jul 1997

JP/300 shuttlers to compete in Sony Indonesia Open

300 shuttlers to compete in Sony Indonesia Open JAKARTA (JP): About 300 shuttlers from 15 countries will compete in the Sony Indonesia Open badminton championships in Surakarta, Central Java, from July 16 to July 20.

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Wed, 09 Jul 1997

JP/Librarian battles for literary culture

Librarian battles for literary cultureBy Irawati Wisnumurti JAKARTA (JP): Colleagues have described the head of the National Library, Mastini Hardjoprakoso, as a quietly elegant lady who loves embroidery and is passionate about the outdoors.

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Wed, 09 Jul 1997

JP/Councilors clash over governorship

Councilors clash over governorship DILI (JP): Leaders of the East Timor legislative council almost brawled yesterday over who should head a team in charge of selecting gubernatorial candidates.

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Wed, 09 Jul 1997

JP/16 countries to enter Jakarta Open

16 countries to enter Jakarta Open JAKARTA (JP): Sixteen countries will compete in the Jakarta Open, part of Asian Tour Beach Volleyball championships, at Senayan Sport Center from July 11 to July 13.Teams from ASEAN countries, New Zealand, India and Australia will be among the competitors.

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Wed, 09 Jul 1997

JP/Profilindo gets loan

Profilindo gets loan JAKARTA (JP): A bank syndication led by Bank Tamara agreed yesterday to grant a Rp 80 billion (US$326.79 million) loan to finance company PT Profilindo Intratama Finance.

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Wed, 09 Jul 1997

JP/Australia wins third Test at Old Trafford

Australia wins third Test at Old TraffordBy Vic Mills MANCHESTER, England (JP): Australia needed just 90 minutes of the final day to square the Ashes series 1-1 by completing a comprehensive 268-run third Test win over England at Old Trafford.

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Wed, 09 Jul 1997

JP/Soesilo says riots possible before March assembly

Soesilo says riots possible before March assembly JAKARTA (JP): A senior cabinet minister warned yesterday of possible attempts to disrupt the presidential election next March.

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Wed, 09 Jul 1997

JP/Jakarta Fair offers 'kerak telor'

Jakarta Fair offers 'kerak telor'By Christiani Tumelap JAKARTA (JP): The annual Jakarta Fair has been a long awaited opportunity for vendors of a traditional Betawi snack called kerak telor. It is made from eggs and beras ketan (glutinous rice) and shaped like an omelette.

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Wed, 09 Jul 1997

JP/No secret to Kafe Victoria's successful recipe

No secret to Kafe Victoria's successful recipe It was a world away from our original culinary destination, a popular eatery dishing up heaping platefuls of Padang curries and stews in spartan but passable surroundings.

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Wed, 09 Jul 1997

JP/Mercenary issue to dominate PNG election

Mercenary issue to dominate PNG electionBy Ratih Hardjono PORT MORESBY: The current general election in Papua New Guinea (PNG) has been an opportunity for the people to demand change. Two of the four prime ministers PNG has had since independence have been ousted.

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Wed, 09 Jul 1997

JP/Danareksa venture capital

Danareksa venture capital JAKARTA (JP): State-owned finance company PT Danareksa and its Japanese and Taiwan partners launched their new joint venture company yesterday.

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Wed, 09 Jul 1997

JP/Stewardess' rapist jailed

Stewardess' rapist jailed MANADO, North Sulawesi: A 21-year-old local man, who worked as a receptionist at a four-star hotel, was sentenced to seven years imprisonment yesterday for raping a 19-year-old Merpati Nusantara airways stewardess.

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Wed, 09 Jul 1997

JP/More funds needed for SEA Games

More funds needed for SEA Games JAKARTA (JP): The state minister for youth and sport affairs, Hayono Isman, said yesterday Indonesia had to increase its fund raising campaign to collect money for the 19th Southeast Asian (SEA) Games.

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Wed, 09 Jul 1997

JP/Lending ban seen to hurt small, medium developers

Lending ban seen to hurt small, medium developers JAKARTA (JP): Businesspeople and analysts said yesterday that the government's move to ban new loans for land acquisition and development would severely hurt small and medium property developers.

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Wed, 09 Jul 1997

JP/Telkom to produce fiber optic cables

Telkom to produce fiber optic cables JAKARTA (JP): State-owned PT Telkom is planning to set up subsidiaries with private firms in the multimedia and optical fiber sectors, Minister of Tourism, Post and Telecommunications Joop Ave said yesterday.

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Wed, 09 Jul 1997

JP/Mars a search for meaning

Mars a search for meaning Mars, the vengeful planet, has intrigued the world for millennia. Fear of Earth's nearest planetary neighbor was aroused in ancient times when sky watchers noted the bright red dot in the sky and believed it carried war, pestilence and the need for human sacrifice.

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Wed, 09 Jul 1997

JP/Sutiyoso to take action against disgraceful soldiers

Sutiyoso to take action against disgraceful soldiers JAKARTA (JP): Greater Jakarta Military Commander Maj. Gen. Sutiyoso said yesterday that stern action would be taken against unscrupulous soldiers who backed up illegal activities at entertainment establishments."... soldiers in the city ...

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Wed, 09 Jul 1997

JP/Government to tender 16 toll road projects

Government to tender 16 toll road projects JAKARTA (JP): The government announced yesterday the tender of 16 toll road projects covering 485 kilometers in Java and Sumatra.

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Wed, 09 Jul 1997

JP/Deregulatory measures not to affect city revenue

Deregulatory measures not to affect city revenue JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that new deregulatory measures on the reduction of local taxes and fees would not affect city revenue as the measures would speed up the municipality's plan to improve its tax collection ...

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Wed, 09 Jul 1997

JP/New evidence for Pakpahan appeal

New evidence for Pakpahan appeal JAKARTA (JP): New evidence will prove that labor leader Muchtar Pakpahan was not involved in a labor riot in Medan, North Sumatra, in April 1994, one of his supporters said yesterdayThe Indonesian Prosperous Labor Union's secretary-general, Sunarti, said ...

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Wed, 09 Jul 1997

JP/Call for stronger tobacco warning

Call for stronger tobacco warning JAKARTA (JP): The government warning on cigarette packs, "Smoking can be detrimental to your health," is too weak to make people give up smoking, a consumer activist says.Zoemrotin K.S.

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Wed, 09 Jul 1997

JP/Stock Exchang

Stock ExchangStock prices on the Jakarta Stock Exchange (in rupiah) on July 8, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,250 -25 ...

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Wed, 09 Jul 1997

JP/Courses for would-be legislators defended

Courses for would-be legislators defended JAKARTA (JP): The government defended its plan yesterday to provide courses on state affairs and the state ideology Pancasila to new members of the House of Representatives.

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Wed, 09 Jul 1997

JP/Turmoil in Cambodia

Turmoil in Cambodia In light of the turn of events in Cambodia, one is almost tempted to believe that misfortune must be a part of that Southeast Asian country's destiny.

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Wed, 09 Jul 1997

JP/Soldier beaten by mob

Soldier beaten by mob JAKARTA (JP): A soldier was recovering in hospital yesterday after he was beaten unconscious by a crowd who thought he was a robber.

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Wed, 09 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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Wed, 09 Jul 1997

JP/Handover won't affect RI exports to HK: Tunky

Handover won't affect RI exports to HK: Tunky JAKARTA (JP): Hong Kong's reversion to Chinese rule will not affect Indonesia's exports to the former British colony, a senior minister said yesterday.

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Wed, 09 Jul 1997

JP/European businesses urged to get into Asia

European businesses urged to get into Asia JAKARTA (JP): European businesses were encouraged yesterday to increase participation in the development of infrastructure and small and medium enterprises (SMEs) in Asia.

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Wed, 09 Jul 1997

JP/Anoa called potential killer

Anoa called potential killer KENDARI, Southeast Sulawesi: An Australian animal conservation expert said yesterday that the native anoa (small buffalo) could go on a killing spree like the "killer tiger" in Lampung, Sumatra.

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Wed, 09 Jul 1997

JP/ASEAN 'dismayed' over Cambodia

ASEAN 'dismayed' over Cambodia JAKARTA (JP): The Association of Southeast Asian Nations (ASEAN) issued a joint statement yesterday saying it was "dismayed" by the turn of events in Cambodia and announced a special ministerial meeting tomorrow to deliberate the crisis.

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Wed, 09 Jul 1997

JP/Soeharto to talk to poor kids

Soeharto to talk to poor kids KUPANG, E. Nusa Tenggara: Thirteen children from poor local families have been selected to meet President Soeharto in Jakarta on July 23 on National Children's Day.

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Wed, 09 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, 09 Jul 1997

JP/Bank customer robbed of Rp 25m in Kebayoran

Bank customer robbed of Rp 25m in Kebayoran JAKARTA (JP): One of two robbers at the parking lot of a bank on Jl. Melawai, Kebayoran Baru, South Jakarta, shot a customer yesterday and made away with Rp 25 million (US$10,200) in cash.City Police spokesman Lt. Col. E.

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Wed, 09 Jul 1997

JP/Governor posts 'only for' officers, civil servants

Governor posts 'only for' officers, civil servants JAKARTA (JP): The government said yesterday that people outside the civil service or military were not allowed to become governors.

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Wed, 09 Jul 1997

JP/Sunson to go public

Sunson to go public JAKARTA (JP): PT Sunson Textile Manufacturer is planning to offer 80 million shares, or 22.84 percent of its enlarged capital, to the public.Avi Dwipayana of PT Trimegah Securities said the company expected to raise between Rp 64 billion and Rp 80 billion (US$33.

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Wed, 09 Jul 1997

JP/Man stabbed by girlfriend's brother

Man stabbed by girlfriend's brother JAKARTA (JP): A 17-year-old student has been stabbed by his girlfriend's brother who disapproved of the couple's relationship.The victim was berated by the suspect prior to the incident which took place Monday night in the latter's house on Jl.

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Wed, 09 Jul 1997

JP/Number of proposed governor candidates drops to eight

Number of proposed governor candidates drops to eight JAKARTA (JP): The number of proposed candidates for Jakarta's next governor now drops from 12 to only eight as another candidate has joined the wagon and decided not to be a candidate.Deputy Governor of Economic and Development Affairs Tb.M.

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Wed, 09 Jul 1997

JP/Cloud seedling last option

Cloud seedling last option JATILUHUR, West Java: The government considers that cloud seedling will be the last resort in overcoming water shortages in West Java's major reservoirs.

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Wed, 09 Jul 1997

JP/Mixed reactions to deregulation package

Mixed reactions to deregulation package JAKARTA (JP): Businesspeople and legislators highly welcomed yesterday the new reform package which slashes local taxes and levies and import tariffs in a substantial effort to reduce the cost of doing business.

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Wed, 09 Jul 1997

JP/Lack of transparency leads to corruption

Lack of transparency leads to corruption JAKARTA (JP): The lack of transparency in government policy making has caused top heavy corruption, a leading economist said yesterday.

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Wed, 09 Jul 1997

JP/Good safe play

Good safe playBy Djanwar Madjolelo -- 10ptML Dealer : NorthVulnerable: None NORTH (S) void (H) 10 6 5 (D) K 10 8 7 4 (C) A K 10 6 4 WEST EAST(S) K Q J 7 5 2 (S) 8 4 3(H) 8 7 3 2 (H) K Q J 9(D) 2 ...

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Wed, 09 Jul 1997

JP/New options in bus bind explored

New options in bus bind explored JAKARTA (JP): City authorities are looking into alternatives to keep bus companies solvent and improve services after the government ruled out a hike in fares this year.Deputy Governor of Development and Economic Affairs, Tb.M.

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Wed, 09 Jul 1997

JP/Chocolate promotion

Chocolate promotion It was disturbing to read the article by Bruce Emond in The Jakarta Post (July 1) commenting on the late arrival of His Excellency, the Ambassador of Belgium at a recent promotion at the Mandarin Oriental, Jakarta.Mr.

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Wed, 09 Jul 1997

JP/Moslem scholars and democracy

Moslem scholars and democracyBy Masykuri Abdillah JAKARTA (JP): In accordance with the globalization trend, especially after the collapse of the Eastern European regimes, democracy is becoming an important factor of international relations as well as a subject of intensive debate in the ...

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