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

Wed, 06 Aug 1997

JP/Yogyakarta journo's alleged killer claims he was framed

Yogyakarta journo's alleged killer claims he was framed YOGYAKARTA (JP): The defendant in the controversial murder case of a local journalist said yesterday he had been framed by the police to confess to committing the crime.

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Wed, 06 Aug 1997

JP/Immigration post in Irian Jaya

Immigration post in Irian Jaya JAKARTA: The government will set up an immigration checkpoint in Skou, which lies on the border between Irian Jaya and Papua New Guinea, the Directorate General of Immigration said yesterday.

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Wed, 06 Aug 1997

JP/Jakarta needs funds for Games torch relay

Jakarta needs funds for Games torch relay JAKARTA (JP): Jakarta's administration will have to work hard to raise funds for the 19th SEA Games torch relay in the capital as it has only a Rp 150 million (US$57,252) budget for the ceremony.

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Wed, 06 Aug 1997

JP/Centrepindo makes motorbikes

Centrepindo makes motorbikes JAKARTA (JP): PT Centrepindo Sejahtera has received a license from the government to jointly produce motorcycles with two Chinese firms -- Nanchang Aircraft Manufacturing Company and Jiang-zhou, the Indonesian company's president said.

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Wed, 06 Aug 1997

JP/Golkar to lead three council commissions

Golkar to lead three council commissions JAKARTA (JP): The City Council announced yesterday that the ruling Golkar faction is to chair three of its five commissions.The decision was signed by the council speaker Edy Waluyo on July 31 after a plenary council meeting.

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Wed, 06 Aug 1997

JP/IGG on tea asks Indonesia to form int'l tea society

IGG on tea asks Indonesia to form int'l tea society JAKARTA (JP): The Intergovernmental Group on Tea (IGG on Tea), a forum under the Food Agriculture Organization (FAO), has appointed the Indonesian Tea Association to form an international tea society in a bid to stabilize tea prices, the ...

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Wed, 06 Aug 1997

JP/Steady Safe to buy 19.9% stake in Citra Marga

Steady Safe to buy 19.9% stake in Citra Marga JAKARTA (JP): Publicly listed transportation company PT Steady Safe (SS) obtained approval from its shareholders yesterday to acquire up to 19.9 percent shares of toll operator PT Citra Marga Nusaphala Persada (CMNP).

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Wed, 06 Aug 1997

JP/Australians and racism

Australians and racism I read with interest Francesco's ongoing letters regarding Australian people in relation to the treatment of indigenous Australians and the issue of racism.I would like to make the following points.1.

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Wed, 06 Aug 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita Untuk Anda 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: ...

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Wed, 06 Aug 1997

JP/World sees fewer wars since 1989

World sees fewer wars since 1989By Jonathan Power STOCKHOLM, Sweden (JP): Eight years on from the end of the Cold War we seem to be mired, even entrapped, in a seamless web of failures on the international scene.

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Wed, 06 Aug 1997

JP/Rational expectations

Rational expectations The crucial role of timely, credible and comprehensive information in the financial market has been reemphasized in the wake of the latest bout of speculative attacks on the currencies of several countries in Southeast Asia.

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Wed, 06 Aug 1997

JP/McCarthy to open BHP plant

McCarthy to open BHP plant JAKARTA (JP): Australia's ambassador to Indonesia, John McCarthy, will open a new steel building products plant owned by PT BHP Indonesia, a subsidiary of Australia's widely diversified BHP business group, on Friday.

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Wed, 06 Aug 1997

JP/Secretary charged with libel

Secretary charged with libel JAKARTA (JP): The personal secretary of former politician Soebadio Sastrosatomo was charged yesterday with defaming President Soeharto by helping publish his employer's banned book.

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Wed, 06 Aug 1997

JP/HK expects more tourists from Southeast Asia

HK expects more tourists from Southeast Asia JAKARTA (JP): Hong Kong expects more visitors from Southeast Asia this year following its return to China, the Hong Kong Tourist Association (HKTA) said here yesterday.

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Wed, 06 Aug 1997

JP/Education insurance seminar

Education insurance seminar JAKARTA (JP): Event organizer PT BisnisAsia MitraBuana is to hold a seminar on education insurance at the Jakarta Convention Center in Central Jakarta on Saturday and Sunday.

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Wed, 06 Aug 1997

JP/Dutchman drowned in Bengkulu

Dutchman drowned in Bengkulu BENGKULU: A 42-year-old Dutchman, later identified as Mosjaab, drowned to death yesterday in the tourist resort of the Pantai Panjang beach here when he was swimming on the shore along with his wife, daughter, and son-in-law.Local police chief Lt. Col. Muh.

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Wed, 06 Aug 1997

JP/Britain and Third Reich

Britain and Third Reich The fact that Francesco's letter (Aug. 4) was prompted by "sheer boredom" -- an unusual source of motivation -- may explain its shabby sentiments. But it does not excuse them.

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Wed, 06 Aug 1997

JP/A painful economic lesson for Thailand

A painful economic lesson for Thailand It was a foregone conclusion that Thai economic officials would approve a proposal for "painful" tax increases and budget cuts. The proposal is part of an International Monetary Fund (IMF) economic aid package.

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Wed, 06 Aug 1997

JP/Tilaar, a futurist who wants consistency in education policy

Tilaar, a futurist who wants consistency in education policyBy Irawati Wisnumurti JAKARTA (JP): H.A.R. Tilaar is a futurist and visionary to those who know him well, always looking ahead to study the future role of education.

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Wed, 06 Aug 1997

JP/New Army officers installed

New Army officers installed DILI, E. Timor: Col. Suryo Prabowo, former secretary to the chief of general affairs of the Armed Forces, was installed yesterday as deputy chief of Wira Dharma Command.Col. Suryo, who had served in East Timor as the command's chief of staff, replaced Col.

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Wed, 06 Aug 1997

JP/RI opts for Russia's Sukhoi-30K

RI opts for Russia's Sukhoi-30K JAKARTA (JP): Indonesia opted yesterday to buy Sukhoi-30K jet fighters from Russia, in preference over fighters from other countries.

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Wed, 06 Aug 1997

JP/The clearing of land causes haze

The clearing of land causes haze PADANG, W. Sumatra: The practice of burning waste after clearing land for new plantations has contributed to the haze that has been clouding parts of Sumatra and Kalimantan, an official from the ministry of forestry said yesterday.

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Wed, 06 Aug 1997

JP/Indonesia still forbids tea plantation expansions

Indonesia still forbids tea plantation expansions JAKARTA (JP): The government would continue its policy to restrict an expansion of tea plantations despite an increase in the demand on international markets, Secretary General of the Ministry of Agriculture Syarifudin Karama said yesterday.

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Wed, 06 Aug 1997

JP/Pho Hoa cooks up a winning taste overhaul

Pho Hoa cooks up a winning taste overhaul I had just finished writing something. I felt bloated from too much fat, too much starch and too much MSG from the previous night. I knew I'd throw up if I saw another stir-fried dish.Yet one still had to eat, even if much of what one wrote was total crap.

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Wed, 06 Aug 1997

JP/Surjadi wants 'greener' officials

Surjadi wants 'greener' officials JAKARTA (JP): Governor Surjadi Soedirdja expressed concern yesterday over the numerous officials who are easily bribed to recommend the development of green belt areas into commercial projects.

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Wed, 06 Aug 1997

JP/Ung Huot favored to replace Ranariddh

Ung Huot favored to replace RanariddhBy Santi W.E. Soekanto PHNOM PENH (JP): Cambodian Foreign Minister Ung Huot, of the FUNCINPEC royalist party, is the most likely replacement for First Prime Minister Prince Ranariddh, who fled abroad following the factional fighting here early last month, said ...

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Wed, 06 Aug 1997

JP/Faulty wiring killed regent

Faulty wiring killed regent UJUNGPANDANG, S. Sulawesi: Police said yesterday that the death of Andi Saad Pasilong, the Polewali Mamasa Regency chief, at his official residence on Sunday was an accident.Polewali Mamasa Police Chief Lt. Col.

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Wed, 06 Aug 1997

JP/Bhakti's shares in Ficorinvest to rise

Bhakti's shares in Ficorinvest to rise JAKARTA (JP): PT Bhakti Investama, a local securities company, will increase its share ownership in Ficorinvest Bank (First Indonesian Finance and Investment Corporation bank) to 26 percent.

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Wed, 06 Aug 1997

JP/RI fencers go overseas for pre-Games matches

RI fencers go overseas for pre-Games matches JAKARTA (JP): Indonesian men's and women's fencers are set to retain the overall medal honors at the 19th SEA Games, as they did two years ago in Chiang Mai, Thailand.

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Wed, 06 Aug 1997

JP/Soeharto yet to decide on Mandela's letter

Soeharto yet to decide on Mandela's letter JAKARTA (JP): A senior cabinet official questioned yesterday whether the release of rebel leader Jose Alexandre "Xanana" Gusmao, as requested by South African President Nelson Mandela in a letter to President Soeharto, would help resolve the East ...

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Wed, 06 Aug 1997

JP/SEAG local shuttlers named after World Cup

SEAG local shuttlers named after World Cup JAKARTA (JP): The Badminton Association of Indonesia will select the country's best shuttlers for the 19th SEA Games here in October after the 1997 World Cup Badminton Championships in Yogyakarta this month.

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Wed, 06 Aug 1997

JP/Honda engine plant goes on stream in RI

Honda engine plant goes on stream in RI JAKARTA (JP): Japan's Honda Motor Ltd. launched its first assembly plant in Indonesia yesterday to consolidate its lead in the local market.The US$2.

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Wed, 06 Aug 1997

JP/England's last chance to keep Ashes

England's last chance to keep AshesBy Vic Mills NOTTINGHAM, England (JP): Despite being totally outplayed by Australia in the last three cricket Tests, England still have a chance of winning the series and regaining the Ashes.

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Wed, 06 Aug 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on August 05, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Wed, 06 Aug 1997

JP/Housing complex in Bogor

Housing complex in Bogor JAKARTA (JP): A developer of resort-style houses in Bogor will start the second phase of its project next week, according to a company executive.

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Wed, 06 Aug 1997

JP/Senior official lauds regional councils' independence

Senior official lauds regional councils' independence JAKARTA (JP): A senior government official lauded yesterday the independence of regional legislative councils saying they had the right to elect their own council speakers without pressure from a political party's central office.

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Wed, 06 Aug 1997

JP/Adventure and culture all in a day's leisurely sail

Adventure and culture all in a day's leisurely sailBy Listiana Operananta Looking for a day-tour with a difference to get away from the bustle of Jakarta? Try going for a sail aboard a phinisi, a traditional wooden Bugis schooner, to the Thousand Islands in Jakarta Bay.

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Wed, 06 Aug 1997

JP/Developer unveils plan for Kramat Jati market

Developer unveils plan for Kramat Jati market JAKARTA (JP): The Jakarta Administration unveiled its plan yesterday to renovate the notoriously dirty Kramat Jati market in East Jakarta into what it billed as Southeast Asia's largest fruit and vegetable distribution center.

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Wed, 06 Aug 1997

JP/New subscription rate

New subscription rate To meet with increasing production costs, The Jakarta Post will apply a new monthly subscription rate of Rp 22,000 as of Sept. 1, 1997. The new unregistered mailing rate will be Rp 66,000 for a three-month subscription.

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Wed, 06 Aug 1997

JP/Artificial rain to start soon

Artificial rain to start soon JAKARTA (JP): Minister of Public Works Radinal Moochtar said yesterday that his department was intensifying the production of artificial rain in several drought-hit areas in Java and South Sulawesi.

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Wed, 06 Aug 1997

JP/Closed debate on labor bill irks workers union

Closed debate on labor bill irks workers union JAKARTA (JP): The All Indonesian Workers Union Federation (FSPSI) joined in the chorus of criticism yesterday against the backroom deliberation of the manpower bill, demanding a public explanation from both the central government and the House ...

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Wed, 06 Aug 1997

JP/Student stabbing takes brawl death toll to six

Student stabbing takes brawl death toll to six JAKARTA (JP): Another senior high school student has died in a fight, bringing the 1997 death toll of students killed in street brawls to at least six.

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Wed, 06 Aug 1997

JP/Spotlight

SpotlightPhoto A: InfantryJP/leoINFANTRY AWARD: The chief of the Infantry Armament Center, Maj. Gen. Luhut B. Panjaitan (left) presents an award to August Parengkuan (right), deputy chief editor of Kompas daily, for his participation in the publication of a book on the Army's infantry.

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Wed, 06 Aug 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Music * Sari Pan Pacific Hotel: Jl. Thamrin, Central Jakarta: - Melati Mediterranean Bar & Grill: Opening hours at 12 noon to 1 a.m., Dora Sahertian, solo pianist, Tuesday, Wednesday, Thursday. Harpa Singers, Friday, Saturday, Sunday and Monday, 9:30 p.m. to 1 a.m. .

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Wed, 06 Aug 1997

JP/Four power talks 44 years late

Four power talks 44 years late HONG KONG (JP): Long overdue talks on the most crucial East Asian security issue begin in New York's Columbia University this morning.

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Wed, 06 Aug 1997

JP/'Review on UN rights declaration not needed'

'Review on UN rights declaration not needed' The debate on whether the United Nations declaration on human rights needs a review surfaced during the ASEAN Post Ministerial Conference in Malaysia last week and has wide repercussions.

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Wed, 06 Aug 1997

JP/Int'l conference on religion

Int'l conference on religion JAKARTA (JP): Minister of Religious Affairs Tarmizi Taher is scheduled to open an international conference on Islam- Christianity relations at Horison Hotel in North Jakarta Thursday.Chairperson of the organizing committee, H.

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Wed, 06 Aug 1997

JP/Human rights body recommends independent team for Pakpahan

Human rights body recommends independent team for Pakpahan JAKARTA (JP): The National Commission for Human Rights promised yesterday to urge the government to form an independent medical team to seek a third opinion on labor leader Muchtar Pakpahan's health.

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Wed, 06 Aug 1997

JP/Britain's strength

Britain's strength The continued debate on colonialism continues. When will these contributors get the message that Britain has nothing to be ashamed of? Colonialism was a past era but all ex-colonies of Britain thrive and advance.

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Wed, 06 Aug 1997

JP/Soeharto okays Hartono's entry into ICMI

Soeharto okays Hartono's entry into ICMI JAKARTA (JP): President Soeharto gave Minister of Information R. Hartono the green light yesterday to join the Association of Indonesian Moslem Intellectuals (ICMI).ICMI chairman B.J.

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Wed, 06 Aug 1997

JP/Indonesia, Australia unite to combat crime

Indonesia, Australia unite to combat crime JAKARTA (JP): Indonesian and Australian police forces agreed in Canberra yesterday to help one another in fighting transnational crimes.A memorandum of understanding was signed in the Australian capital by Gen. Dibyo Widodo and Commissioner Mick J.

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