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

Wed, 13 Aug 1997

JP/Megawati's actions constitutional: ABRI

Megawati's actions constitutional: ABRI JAKARTA (JP): The Armed Forces (ABRI) said ousted Indonesian Democratic Party (PDI) chief Megawati Soekarnoputri has not committed any unconstitutional acts in her battle to regain her position.

More ...

Wed, 13 Aug 1997

JP/Hartono vows to punish erring radio stations

Hartono vows to punish erring radio stations SURABAYA (JP): The government has placed several municipal government-run and private radio stations under scrutiny for alleged fraud.Minister of Information R.

More ...

Wed, 13 Aug 1997

JP/Hazy problem

Hazy problem It's that time of the year again. Haze, due to billowing smoke from forest fires, has clouded many parts of the archipelago, particularly in Sumatra and Kalimantan. The haze is wreaking havoc with people's daily activities and becoming a health hazard.

More ...

Wed, 13 Aug 1997

JP/Slaughterhouses blight residents' lives

Slaughterhouses blight residents' lives JAKARTA (JP): Residents of Pondok Rumput village in the Kebon Pedes subdistrict, Tanah Sereal, are calling on the local authorities to immediately relocate the dozens of chicken slaughterhouses which have blighted their lives for more than 10 years.

More ...

Wed, 13 Aug 1997

JP/Govt decides to stop cutting clove trees

Govt decides to stop cutting clove trees JAKARTA (JP): The government has decided to stop the conversion of clove trees into other crops as cigarette makers' demand for the spice is on the rise.

More ...

Wed, 13 Aug 1997

JP/Pakpahan's case won't be reviewed

Pakpahan's case won't be reviewed JAKARTA (JP): Chief Justice Sarwata said the Supreme Court will not issue a ruling on the review of a guilty verdict against labor leader Muchtar Pakpahan currently being examined by the East Jakarta District Court.

More ...

Wed, 13 Aug 1997

JP/All sports events to go ahead at SEA Games

All sports events to go ahead at SEA Games JAKARTA (JP): The 19th SEA Games training director Djoko Pramono said here yesterday that contrary to news reports no events were due to be canceled."No sports will be scratched from the Games. Unless some countries withdraw from events," he said.

More ...

Wed, 13 Aug 1997

JP/Region needs solid Sino-U.S. ties

Region needs solid Sino-U.S. tiesBy Rizal Sukma JAKARTA (JP): The question of a "China threat" once again came to the fore when President Fidel Ramos of the Philippines called for reinforcing defense ties in the region, as reported by South China Morning Post, Aug. 1.

More ...

Wed, 13 Aug 1997

JP/Royal development projects: Hope for Thailand's poor?

Royal development projects: Hope for Thailand's poor?By Ati Nurbaiti SAKON NAKHON, Thailand (JP): Thailand is facing hard times. Prosperous urban folk are urged towards thrift by eschewing boutique brands in favor of second hand clothes.

More ...

Wed, 13 Aug 1997

JP/Comparative corruption: Asia doesn't shine

Comparative corruption: Asia doesn't shine Recent news stories reported that Denmark was the least corrupt nation while Nigeria was the most corrupt.

More ...

Wed, 13 Aug 1997

JP/Uncertain promise

Uncertain promise On behalf of my father, who is a member of Veteran corps, I would like to inform you that after about three years since we got the Veteran's certificate, we haven't received the compensation money yet, that has been promised to us.

More ...

Wed, 13 Aug 1997

JP/Last trump traps Wolff

Last trump traps WolffBy Djanwar Madjolelo JAKARTA (JP): The 5th Forbo-Kromenie International Bridge Tournament was held in the Hague from Feb. 21 to Feb. 23, 1997 with an Open Team Event.

More ...

Wed, 13 Aug 1997

JP/Two phone fraudsters face jail

Two phone fraudsters face jail JAKARTA (JP): A state-prosecutor asked the Central Jakarta District Court yesterday to sentence two foreigners to 10 months imprisonment for allegedly abusing cellular phone numbers belonging to seven Indonesians.

More ...

Wed, 13 Aug 1997

JP/Lippo Bank's profit up

Lippo Bank's profit up JAKARTA (JP): Publicly listed Lippo Bank of the widely diversified Lippo Group posted a 58.8 percent rise in net profit to Rp 87.2 billion (US$36 million) in the first half this year.The bank said yesterday that income from operations rose 60 percent to Rp 121.

More ...

Wed, 13 Aug 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 12, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,000 ...

More ...

Wed, 13 Aug 1997

JP/Yoga and meditation

Yoga and meditation In response to the letter from Anthony Loney in "Your Letters" (Aug. 8) about yoga and meditation, if he is still interested he may contact me personally on 351-8048 or 351-8049 from 1 p.m. to 8 p.m. every day except Saturday and Sunday.

More ...

Wed, 13 Aug 1997

JP/Analysts warns about loans for Timor car

Analysts warns about loans for Timor car JAKARTA (JP): The US$690 million in syndicated loans to be provided by domestic banks to PT Timor Putra Nasional to carry out the national car project could turn sour and become bad debts, analysts warned yesterday.

More ...

Wed, 13 Aug 1997

JP/Get the know-how, not just the factories: Soeharto

Get the know-how, not just the factories: Soeharto JAKARTA (JP): President Soeharto urged Indonesians yesterday to acquire technological know-how, arguing that building factories alone would not be enough to secure the country's survival in the era of technology.

More ...

Wed, 13 Aug 1997

JP/Astra credit companies

Astra credit companies Our foundation, Yayasan Pijit Berdiploma Indonesia, purchased two Isuzu Panthers from PT Dunia Baru with a two-year financing arrangement. The vendor arranged the finance with two different Astra Credit Companies.

More ...

Wed, 13 Aug 1997

JP/Redesign of educational systems needed: Expert

Redesign of educational systems needed: Expert JAKARTA (JP): An expert suggested that Asia-Pacific countries redesign their educational systems so that they give more attention toward the element of emotion in the learning process.Henry S.

More ...

Wed, 13 Aug 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Graphics Exhibition: A European View (of Indonesia), old lithographs, engravings, and other graphics from Europe revealing the old way of life in Indonesia, at the Lagoon Tower, Jakarta Hilton International, Jl. Gatot Subroto, South Jakarta.

More ...

Wed, 13 Aug 1997

JP/Rupiah falls again but stock prices gain ground

Rupiah falls again but stock prices gain ground JAKARTA (JP): The rupiah remained weak against the U.S. dollar yesterday, but Jakarta share prices increased slightly in a technical rebound, analysts said.

More ...

Wed, 13 Aug 1997

JP/Close encounters at crowded Cappellini

Close encounters at crowded Cappellini Epicurus has seen hell, and it is about 178 cms tall, flame- haired and answers to any one of several cutesy female appellations heard in shopping malls throughout Middle America (insert Tiffany, Jennifer, Tracy, etc.).

More ...

Wed, 13 Aug 1997

JP/ASEAN flexibility

ASEAN flexibility ASEAN's foreign ministers have taken a decision that will compel the organization to stay busy with Cambodia. In their meeting in Singapore on Monday, the foreign ministers agreed to continue their efforts to try to find a solution to the Cambodian problem.

More ...

Wed, 13 Aug 1997

JP/ICMI accepts Golkar's decision on MPR

ICMI accepts Golkar's decision on MPR JAKARTA (JP): Chairman of the influential Association of Indonesian Moslem Intellectuals (ICMI) B.J.

More ...

Wed, 13 Aug 1997

JP/Yunus to replace Syarwan next month

Yunus to replace Syarwan next month JAKARTA (JP): Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid, who becomes a legislator with the House of Representatives on Oct. 1, will transfer his current duties next month to his successor, Maj. Gen. M. Yunus Yosfiah.

More ...

Wed, 13 Aug 1997

JP/Trade surplus reached $970.7m in May: Tunky

Trade surplus reached $970.7m in May: Tunky JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo yesterday reported a steep rise in trade surplus for May, which reached US$970.7 million, compared with $134.1 million at the same time last year.

More ...

Wed, 13 Aug 1997

JP/Premiership starts well with imports

Premiership starts well with importsBy Vic Mills LONDON (JP): The foreign imports have already brought much to the English game, and at the weekend it appeared they had a hand in the weather too as the start of the new Premiership season was accompanied by cloudless skies and Mediterranean ...

More ...

Wed, 13 Aug 1997

JP/Iwik's rebuttal 'incorrect'

Iwik's rebuttal 'incorrect' YOGYAKARTA: The prosecutor here demanded that the court disregard the rebuttal statement of Dwi Sumadji, alias Iwik, who is being tried over last year's murder of Bernas journalist Fuad M. Syafruddin.

More ...

Wed, 13 Aug 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 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: Lintasan ...

More ...

Wed, 13 Aug 1997

JP/King Sihanouk's confusing signals

King Sihanouk's confusing signals King Norodom Sihanouk's behavior over the past decades has tended to match the confusing nature of Cambodian politics. His latest moves fit the mold perfectly.

More ...

Wed, 13 Aug 1997

JP/Bankers probed on missing Rp 83b

Bankers probed on missing Rp 83b JAKARTA (JP): Police are questioning six former executives of a private bank arrested recently for allegedly defrauding their own bank of Rp 83 billion (US$32 million).City Police Spokesman Lt. Col. E.

More ...

Wed, 13 Aug 1997

JP/Kahfi nominated as vice governor

Kahfi nominated as vice governor JAKARTA (JP): Central Jakarta Mayor Abdul Kahfi has been nominated by the city council to be deputy governor of welfare affairs, replacing Museno who has just retired.The council also nominated Maj. Gen.

More ...

Wed, 13 Aug 1997

JP/Tribespeople found starving

Tribespeople found starving GORONTALO, N. Sulawesi: Villagers found yesterday nine starving isolated Palahi tribespeople who came down from Boliohuto mountain, where they live, to the nearby Ilangata village in search of food.

More ...

Wed, 13 Aug 1997

JP/Police want severe penalties for drug users

Police want severe penalties for drug users JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata urged the courts yesterday to mete out heavy sentences to psychotropic drug users to discourage them and other people from consuming the drugs.

More ...

Wed, 13 Aug 1997

JP/Funds from COW applicants legal, Adjat says

Funds from COW applicants legal, Adjat says JAKARTA (JP): Director General of Mining of the Ministry of Mines and Energy Adjat Sudradjat admitted yesterday to accepting money from applicants of seventh generation contracts of work (COWs).

More ...

Wed, 13 Aug 1997

JP/Legislator eases public worry over manpower bill

Legislator eases public worry over manpower bill JAKARTA (JP): A legislator tried yesterday to assuage public concern over the controversial manpower bill, which has been widely criticized for alleged disregard of workers' rights.

More ...

Wed, 13 Aug 1997

JP/Lonsum's profit rises 43%

Lonsum's profit rises 43% JAKARTA (JP): Plantation company PT PP London Sumatra (Lonsum) increased its net profit by 43 percent to Rp 43.98 billion (US$16.98 million) for the first semester of this year, up from Rp 30.71 billion in the corresponding period of last year.

More ...

Wed, 13 Aug 1997

JP/558-meter-high tower to 'lift Jakarta's image'

558-meter-high tower to 'lift Jakarta's image' JAKARTA (JP): Minister/State Secretary Moerdiono officially started the construction of the ambitious 558-meter Menara Jakarta, heralded as the world's tallest tower, at Kemayoran in Central Jakarta yesterday.

More ...

Wed, 13 Aug 1997

JP/New chief at Air Force academy

New chief at Air Force academy YOGYAKARTA (JP): Air Force Chief of Staff Marshal Sutria Tubagus installed yesterday Rear Marshal Cheppy Hakim as governor of the Air Force's Academy.

More ...

Wed, 13 Aug 1997

JP/Satellite towns not yet self-sufficient: Expert

Satellite towns not yet self-sufficient: Expert JAKARTA (JP): They may claim to be "self-sufficient" but an urban expert says most of the new towns that have mushroomed around Jakarta are nothing but satellite cities.

More ...

Wed, 13 Aug 1997

JP/Sierad plans to issue bonds worth Rp 300b

Sierad plans to issue bonds worth Rp 300b JAKARTA (JP): PT Sierad Produce, a subsidiary of the publicly listed PT Anwar Sierad, plans to issue five year bonds worth Rp 300 billion (US$115.83 million) later this year to finance expansion, a company executive said yesterday.

More ...

Wed, 13 Aug 1997

JP/Computer expo to open soon

Computer expo to open soon JAKARTA (JP): An exhibition scheduled for later this month is expected to showcase the local computer industry, organizers said yesterday.The Indonesian Computer Technology Exhibition (Indocomtech'97), to be held at the Jakarta Convention Center from Aug. 21 to Aug.

More ...

Wed, 13 Aug 1997

JP/No special ruling is required on vice president's role: Muladi

No special ruling is required on vice president's role: Muladi SEMARANG (JP): Political scientists protracted the debate over an increased role for the vice president, arguing yesterday whether or not such a role should be arranged through a legislative ruling.

More ...

Wed, 13 Aug 1997

JP/New Japan-U.S. security treaty angers China

New Japan-U.S. security treaty angers ChinaBy S.P.Seth NEW DELHI (JP): Beijing is unhappy with the proposed revamping of the U.S.-Japan security treaty to give Japan a more active role in regional security.The new guidelines, according to an interim report, "appear to allow the U.S.

More ...

Wed, 13 Aug 1997

JP/Are Africans naturally superior?

Are Africans naturally superior?By Gwynne Dyer LONDON (JP): We're seeing it now at the World Athletic Championships in Athens, where over half the winners are black though people of African descent are only 10 percent of the world's population.

More ...

Wed, 13 Aug 1997

JP/Spotlight

SpotlightPhoto A: AwardJP/baySAY IT WITH FLOWERS: General Manager of PT Unilever Indonesia Hanafiah Djajawinata (left) hands over a bouquet to Dolorosa Sinaga, a sculptor and dean of the School of Fine Arts, Jakarta Institute of Art.

More ...

Wed, 13 Aug 1997

JP/N. Jakarta mayor berates negligent factory owners

N. Jakarta mayor berates negligent factory owners JAKARTA (JP): North Jakarta Mayor Suprawito has threatened to take stern action against factories which recklessly dump their waste into rivers.

More ...

Wed, 13 Aug 1997

JP/Jl. Jaksa fair goes global

Jl. Jaksa fair goes global JAKARTA (JP): The Jl. Jaksa Fair is firmly establishing itself as one cultural event in the city's annual agenda by going global in its fourth year.Besides presenting Betawi (native Jakarta) cultures and art performances, this year's festival on Aug. 26 to Aug.

More ...

Wed, 13 Aug 1997

JP/INACA wants government to hike domestic airfares

INACA wants government to hike domestic airfares JAKARTA (JP): The Indonesian National Air Carriers Association (INACA) wants the government to raise domestic economy airfares gradually, and in real terms, not just to adjust fares to the rupiah's depreciation against the U.S. dollar.

More ...

Wed, 13 Aug 1997

JP/Presidential decree on private refineries issued

Presidential decree on private refineries issued JAKARTA (JP): The government has issued a presidential decree to encourage the development of privately owned refineries in order to fulfill the country's increasing demand for fuel.

More ...

Wed, 13 Aug 1997

JP/S. Korean man believed drowned

S. Korean man believed drowned DENPASAR, Bali: Kuta beach rescuers are still searching for the body of a South Korean man who was reported missing after he went swimming on Saturday.

More ...

Find news items by date