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

Thu, 21 Aug 1997

JP/Price study delays subway project

Price study delays subway project JAKARTA (JP): The municipality has yet to complete its study on the fares for the city's subway, causing further delays to the US$2.3 billion transportation project.

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Thu, 21 Aug 1997

JP/Warso paints human issues with a brush of beauty

Warso paints human issues with a brush of beautyBy Yogita Tahil Ramani JAKARTA (JP): Splashes on the canvas of turquoise blue and linings in sunflower yellow formed the eye-catching, iridescent abstraction.

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Thu, 21 Aug 1997

JP/Megawati should redefine herself, observers say

Megawati should redefine herself, observers say JAKARTA (JP): Political observers are calling on ousted leader of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri, to elevate her political competition to fight for national interest.

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Thu, 21 Aug 1997

JP/Philippine dancers to perform next week

Philippine dancers to perform next week JAKARTA (JP): A famous Philippine dance troupe, Bayanihan, is to perform here on Aug. 29 and Aug. 30 in commemoration with their country's independence centennial.Embassy cultural officer Gloria L.

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Thu, 21 Aug 1997

JP/Bulog's monopoly to end

Bulog's monopoly to end JAKARTA (JP): Coordinating Minister for Economy and Finance Saleh Afiff said here yesterday the government planned to remove the National Logistics Agency's (Bulog) monopoly to allow consumers to buy commodities at market prices.

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Thu, 21 Aug 1997

JP/Rupiah and stock markets recover

Rupiah and stock markets recover JAKARTA (JP): The rupiah strengthened further yesterday rising by 100 points against the U.S. dollar while the stock market gained ground to break a six-day losing streak.

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Thu, 21 Aug 1997

JP/Reclamation project may affect islands: Expert

Reclamation project may affect islands: Expert JAKARTA (JP): Reclamation work currently underway in North Jakarta could threaten the existence of islets in the Thousand Islands in Jakarta Bay, an environmental official warned yesterday.L.P.

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Thu, 21 Aug 1997

JP/Helicopter crashes near Gorontalo

Helicopter crashes near Gorontalo GORONTALO, North Sulawesi: An Allowette helicopter crashed near here yesterday morning. No casualties were reported.

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Thu, 21 Aug 1997

JP/Police to probe Made Oka's assets

Police to probe Made Oka's assets JAKARTA (JP): The City Police are awaiting an official permit from the Minister of Finance to allow officers to investigate the bank account of one of the main suspects in the Rp 1.2 trillion (US$444 million) Bank Arta Prima scam.City Police Detectives Chief Col.

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Thu, 21 Aug 1997

JP/Antipolio drive for needy infants

Antipolio drive for needy infants JAKARTA (JP): Polio vaccination posts are to be set up soon across the capital: in markets, supermarkets, railway stations, airports and hotels, to serve 972,000 needy infants, Governor Surjadi Soedirdja said yesterday.

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Thu, 21 Aug 1997

JP/Space for gas stations running out: Sarwono

Space for gas stations running out: Sarwono JAKARTA (JP): The scarcity of land in the city has become a major obstacle to building new gas stations, Minister of Environment Sarwono Kusumaatmadja said yesterday.He said investors were struggling to find land to build new stations.

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Thu, 21 Aug 1997

JP/Veteran golfer takes early lead to East Java Open

Veteran golfer takes early lead to East Java OpenBy Robert Soelistyo SURABAYA (JP): Veteran Jakarta golfer Ilyasak took an early two-stroke lead in the Prasidha East Java Open championship yesterday as favorites got off to poor starts at the Citra Raya Golf and Country Club here.

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Thu, 21 Aug 1997

JP/Scarcity of experts hampers computer networking growth

Scarcity of experts hampers computer networking growth JAKARTA (JP): Computer networking is a fast growing business in Indonesia which is limited only by the scarcity of experts, an executive of Novell Inc, a leading network company, said yesterday.

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Thu, 21 Aug 1997

JP/A question for Satelindo

A question for Satelindo My customer number is 00096424. For the last three months, I have been trying to get Satelindo to answer one simple question: Why are so many calls being transferred to voice mail when my phone is in perfect working order and open for business?This voice mail, by the way, ...

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Thu, 21 Aug 1997

JP/Police drug raid on entertainment centers to continue

Police drug raid on entertainment centers to continue JAKARTA (JP): The country's senior detective, Maj. Gen. Nurfaizi, underlined here yesterday the importance of continuing the police's routine raids on night spots in a bid to help eliminate the distribution of drugs.

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Thu, 21 Aug 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 20, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo ...

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Thu, 21 Aug 1997

JP/WTO deal

WTO dealCorrection: The article regarding the UPS deal had been inadvertently reprinted under the heading "U.S. seeks free financial markets in WTO deal" on this page yesterday. The WTO headline should have run another story. We regret the error.

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Thu, 21 Aug 1997

JP/Players agree with IBF's World Cup changes

Players agree with IBF's World Cup changes YOGYAKARTA (JP): Players have supported the International Badminton Federation's decision to stage the last World Cup badminton championship here.Malaysia's men's singles player Ong Ewe Hock said yesterday after practice that he agreed with the decision.

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Thu, 21 Aug 1997

JP/Tight money policy causes banks to raise rates

Tight money policy causes banks to raise rates JAKARTA (JP): Most commercial banks are increasing their one- month time deposit rates to over 30 percent to draw more liquidity from the public to survive the current tight money policy.

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Thu, 21 Aug 1997

JP/Lifeless reading undermines Sirikit's tales of women

Lifeless reading undermines Sirikit's tales of womenBy Achmad Nurhoeri JAKARTA (JP): Men have their will -- but women have their ways. And females are the best to reveal these ways.With a catch, of course. They have to do it with a good pinch of wit and a strong punch of will.

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Thu, 21 Aug 1997

JP/Indonesia to promote exports to Japan

Indonesia to promote exports to Japan JAKARTA (JP): Indonesia is to hold a trade exhibition in the city of Kobe in a bid to boost exports to Japanese markets.

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Thu, 21 Aug 1997

JP/Bukit Soeharto forest on fire

Bukit Soeharto forest on fire SAMARINDA, East Kalimantan: At least 2,000 hectares in the Bukit Soeharto conservation forest has been on fire for the past week, Antara reported yesterday.The local authorities had set up a 300-strong team under Lt. Col.

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Thu, 21 Aug 1997

JP/House opposed to excessive power of police force

House opposed to excessive power of police force JAKARTA (JP): The House of Representatives agreed yesterday to modify a controversial bill that strives to give police what some analysts say excessive power.

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Thu, 21 Aug 1997

JP/Earthquake shakes Medan

Earthquake shakes Medan MEDAN, North Sumatra: An earthquake measuring 5.8 on the Richter scale shook Medan yesterday, Antara reported.There was no immediate report of casualties or structural damage in Medan or other cities in northern Sumatra.

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Thu, 21 Aug 1997

JP/Farabi music school reopens under new management

Farabi music school reopens under new management JAKARTA (JP): Farabi music school reopened under new management yesterday, 10 years after it closed down.

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Thu, 21 Aug 1997

JP/RI, Malaysia to build world's longest bridge

RI, Malaysia to build world's longest bridge JAKARTA (JP): President Soeharto gave his blessing yesterday for the construction of a 95-kilometer bridge connecting the Malaysian peninsula and Sumatra.The bridge will be built by a private consortium of Indonesian and Malaysian companies.

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Thu, 21 Aug 1997

JP/Timika tense over trust fund

Timika tense over trust fund JAKARTA (JP): Harapan Kwamki Lama village in Timika, Irian Jaya, was tense yesterday as tribal leaders were at odds over a share of the trust fund given by PT Freeport Indonesia Company.

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Thu, 21 Aug 1997

JP/Power struggle looming in China

Power struggle looming in ChinaBy Rizal Sukma JAKARTA (JP): When China's paramount leader, Deng Xiaoping, died in February this year, many analysts speculated that China would face the problem of succession.

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Thu, 21 Aug 1997

JP/Injuries rob Australia of five fast bowlers

Injuries rob Australia of five fast bowlersBy Vic Mills LONDON (JP): Injuries and family illness have robbed Australia of three of their contingent of five fast bowlers for the sixth and final Ashes Test of the summer starting at The Foster's Oval today.

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Thu, 21 Aug 1997

JP/Brunei prepared to host 20th SEA Games in 1999

Brunei prepared to host 20th SEA Games in 1999 JAKARTA (JP): An official of Brunei's sport council yesterday confirmed that his country was willing to host the 20th SEA Games in 1999.

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Thu, 21 Aug 1997

JP/Indocement opens new school

Indocement opens new school JAKARTA (JP): Director of Private Schools of the Ministry of Education and Culture, Umaedi, inaugurated Bantarjati junior high school in Cileungsi, Bogor, yesterday.

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Thu, 21 Aug 1997

JP/Australian scholarship

Australian scholarship I refer to the article Australia offers 300 scholarships (Aug. 19, page 2). I am interested in applying for the scholarship and would be grateful if you could provide me with the address of the Australian Embassy.Thank you for your cooperation.

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Thu, 21 Aug 1997

JP/Rupiah comment

Rupiah commentCorrection: Comments on the rupiah which appeared on the front page of this newspaper Wednesday should not have been attributed to John Rachmat, a senior analyst at Schroder Indonesia, but to a bank dealer who declined to be named. We apologize for the error.

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Thu, 21 Aug 1997

JP/Local shuttlers find no trouble in Sanyo World Cup

Local shuttlers find no trouble in Sanyo World CupBy Primastuti Handayani YOGYAKARTA (JP): Indonesia's men's singles players dominated their opponents in the first day's round-robin matches of the 1997 Sanyo World Cup Badminton Championship at the Among Rogo sports hall here yesterday.

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Thu, 21 Aug 1997

JP/Rupiah's fall can attract foreign tourists: Joop Ave

Rupiah's fall can attract foreign tourists: Joop Ave JAKARTA (JP): The rupiah's fall against the U.S. dollar will help attract more foreign tourists, Minister of Tourism, Post and Telecommunications Joop Ave said yesterday.

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Thu, 21 Aug 1997

JP/Post office's responsibility

Post office's responsibility First, I would like to commend the Indonesian Postal Service for their generally reliable performance. It has been noted, particularly by international correspondents, that vast improvements in service have taken place in recent years.

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Thu, 21 Aug 1997

JP/Govt postpones meeting with rights commission

Govt postpones meeting with rights commission JAKARTA (JP): The government postponed yesterday a routine meeting with the National Commission on Human Rights, whose members had planned to again raise questions about the fate of 23 missing people in the bloody riots on July 27 last year.

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Thu, 21 Aug 1997

JP/Art gems now for sale in S'pore

Art gems now for sale in S'pore JAKARTA (JP): A sale exhibition of Southeast Asian sculptures, jewelry and batik opened in Singapore yesterday and runs through Sept. 10.

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Thu, 21 Aug 1997

JP/BPIS won't reschedule projects

BPIS won't reschedule projects JAKARTA (JP): The Management Board of Strategic Industries (BPIS) has no plan to reschedule its industrial projects despite the rupiah's sharp drop against the U.S. dollar, the board's chairman B.J. Habibie said here yesterday.

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Thu, 21 Aug 1997

JP/Two bodies found on toll road

Two bodies found on toll road JAKARTA (JP): The bound bodies of two men were found yesterday in a truck parked on the shoulder of the Jatibening toll road in Bekasi.

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Thu, 21 Aug 1997

JP/Surjadi checks preparation for the press center project

Surjadi checks preparation for the press center project JAKARTA (JP): Governor Surjadi Soedirdja checked yesterday on the latest preparations for the establishment of a press center building, the first ever in the country.

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Thu, 21 Aug 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Romance by Firman Ichsan, at Cemara 6 Galeri Kafe, Jl. HOS. Cokroaminoto No. 9-11, Central Jakarta, 9.30 a.m. to 6.30 p.m., until Aug. 31. * Painting Exhibition: by Kartini Basuki at Duta Fine Arts Foundation, Jl.

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Thu, 21 Aug 1997

JP/Price hike won't affect sales of mobile phone

Price hike won't affect sales of mobile phone JAKARTA (JP): The price rise of cellular phones following the rupiah's recent drop against the U.S. dollar will not have a significant impact on sales, an executive has said.

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Thu, 21 Aug 1997

JP/Kebayoran Baru youth reunion

Kebayoran Baru youth reunion JAKARTA (JP): Members of a 1960s organization grouping teenagers in the South Jakarta Kebayoran Baru area plan a reunion bash with a four-kilometer charity walkathon.National Police Chief Gen.

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Thu, 21 Aug 1997

JP/New Lampung police chief

New Lampung police chief BANDAR LAMPUNG, Lampung: Col. Gendro Budi Santoso will be installed Saturday as Lampung Police chief, replacing Col. Didy Kusumayadi.Lt. Zainal Gunawan of the Lampung Police said the deputy national police chief, Lt. Gen. Luthfi Dahlan, would officiate at the ceremony.

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Thu, 21 Aug 1997

JP/Three charged with subversion for rioting

Three charged with subversion for rioting JAKARTA (JP): A trial began yesterday for three people suspected of being involved in a bloody riot in the West Java town of Tasikmalaya in December last year.The three were charged with subversion which carries a maximum penalty of death.

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Thu, 21 Aug 1997

JP/Moslem students told to go beyond politics

Moslem students told to go beyond politics YOGYAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman asked Indonesian Moslem students yesterday to stretch their activities beyond the political arena.

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Thu, 21 Aug 1997

JP/Painting expo at Ubud

Painting expo at Ubud DENPASAR, Bali: Five Indonesians and a Kuwaiti are taking part in a painting exhibition in Ubud on Tuesday, Antara reported.Srihadi Soedarsono, Widayat, Abas Alibasyah, Made Budhiana and N. A. Arnawa are joined by Jafar Islah from Kuwait.

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Thu, 21 Aug 1997

JP/Barge capsizes, kills 15

Barge capsizes, kills 15 SURABAYA: A barge ferrying more than 40 people across the Brantas river capsized killing at least 15 people.Fifteen bodies have been recovered while 17 people are known to have survived. Antara reported another 11 are believed to still be missing.

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Thu, 21 Aug 1997

JP/Writing contest for teachers

Writing contest for teachers JAKARTA (JP): Private television station TPI in cooperation with the Ministry of Education and Culture is holding a nationwide writing contest for teachers.

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Thu, 21 Aug 1997

JP/Temanggung in clean city contest

Temanggung in clean city contest TEMANGGUNG, Central Java: Temanggung has been appointed to represent Indonesia in an upcoming competition for cleanliness among cities in the Association of Southeast Asian Nations, Antara reported yesterday.

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Thu, 21 Aug 1997

JP/Westerners' strategy to keep the East poor

Westerners' strategy to keep the East poorBy Bharat Jhunjhunwala NEW DELHI (JP): U.S. Treasury Secretary Robert Rubin is acclaimed to have ushered in an unparalleled period of growth in the last decade.

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Thu, 21 Aug 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Traditional Culture: Pelangi Budaya 5:00 Arabic Lessons 5:30 Children's Program: Bermain ...

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Thu, 21 Aug 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, 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, 21 Aug 1997

JP/Nostalgic nations at Movenpick Marche

Nostalgic nations at Movenpick Marche Oh, the good old days! Arriving in Zurich late at night. Braving the rain. Plonking our suitcases at the St. Gothard. Shivering slightly, unaccustomed to the cold. Feeling uncomfortably peckish.

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Thu, 21 Aug 1997

JP/Haj pilgrims won't receive subsidy from government

Haj pilgrims won't receive subsidy from government JAKARTA (JP): Minister of Religious Affairs Tarmizi Taher said yesterday the government would not subsidize the spiraling cost of the haj pilgrimage since it would be against Islamic teachings, but assured that the fee would not go over Rp ...

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Thu, 21 Aug 1997

JP/Controlling prices

Controlling prices Amid the current financial uncertainty and rupiah upheaval, there is some good news.

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Thu, 21 Aug 1997

JP/ICMI backs workers' right to go on strike

ICMI backs workers' right to go on strike JAKARTA (JP): The Association of Indonesian Moslem Intellectuals (ICMI) called on legislators deliberating the controversial manpower bill to drop a stipulation on labor strikes from the document.

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Thu, 21 Aug 1997

JP/Press freedom

Press freedom It appears that the case between The Jakarta Post and IPTN (Nusantara Aircraft Industry) will go to court after lawyers of both sides have failed to reach a compromise. There seems to be a no more tragic and shameful case in media history to date.

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