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

Wed, 10 Sep 1997

JP/Diana raises millions for the poor

Diana raises millions for the poor Mr. S. Natarajan's letter of Sept. 5 has a nasty sound to it.We should never be unkind to the dead as they are unable to defend themselves.Many people around her made millions because of her.

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Wed, 10 Sep 1997

JP/Soeharto orders end to land clearing activity

Soeharto orders end to land clearing activity JAKARTA (JP): President Soeharto ordered State Minister of Environment Sarwono Kusumaatmadja yesterday to stop land clearing activities across the country which used slash-and-burn methods.

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Wed, 10 Sep 1997

JP/Kadin urges fair treatment

Kadin urges fair treatment JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) yesterday called on the government to pursue a transparent incentives policy and quickly ease liquidity to inject life into businesses.

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Wed, 10 Sep 1997

JP/Hero Utomo Kuntjoro-Jakti dies

Hero Utomo Kuntjoro-Jakti dies JAKARTA (JP): Dr. Hero Utomo Kuntjoro-Jakti, one of Indonesia's leading international relations experts and director of the Center for Japanese Studies at the University of Indonesia, passed away Monday night at the age of 51.

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Wed, 10 Sep 1997

JP/More rice fields damaged

More rice fields damaged UJUNGPANDANG, S. Sulawesi: An official from the agricultural office in South Sulawesi said that 7,000 of 340,000 hectares of rice fields have suffered crop failure due to the prolonged dry season.However, the damage would not threaten the food supply of the province, A.

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Wed, 10 Sep 1997

JP/AirAsia to add flights to Indonesia

AirAsia to add flights to Indonesia KUALA LUMPUR (JP): Malaysian airline AirAsia Sdn. Bhd. says it plans to add more flights to Indonesia, to destinations other than Jakarta.General Manager Mohd.

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Wed, 10 Sep 1997

JP/Improve public service: Soeharto

Improve public service: Soeharto JAKARTA (JP): President Soeharto asked public service agencies to jointly publish a guide book detailing their activities.

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Wed, 10 Sep 1997

JP/ASEAN economics -- recovery or retreat?

ASEAN economics -- recovery or retreat?By David Harries JAKARTA (JP): These are tough times for ASEAN. The only countries not deep in trouble on the money front are those whose currencies have value only within their own borders.

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Wed, 10 Sep 1997

JP/Sanitation key to wiping out worms

Sanitation key to wiping out worms JAKARTA: Health officials warned yesterday that a pure medical remedy to eradicate worm infestation and disease was not sufficient, but required a change in people's daily attitude towards personal hygiene and environmental sanitation.

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Wed, 10 Sep 1997

JP/Tepid tribute to Vietnamese cuisine

Tepid tribute to Vietnamese cuisine Food promotions rarely extend beyond minimal flaunting of cultural superstratum, and it is just as well. Props and setting hardly matter in affairs of the stomach. We are not in for anthropological details.

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Wed, 10 Sep 1997

JP/Habibie says Sukhoi jet fighters costly

Habibie says Sukhoi jet fighters costly JAKARTA (JP): State Minister of Research and Technology B.J. Habibie reiterated yesterday the high price that the government would eventually have to pay for its decision to buy Sukhoi jet fighters.

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Wed, 10 Sep 1997

JP/Bakrie International gets BBB- rating

Bakrie International gets BBB- rating JAKARTA (JP): The Japan Bond Research Institute (JBRI) has assigned a BBB- rating to the foreign currency notes (euro notes) of Bakrie International Finance Company B.V to be issued under the Medium Term Notes Program.

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Wed, 10 Sep 1997

JP/S. Korea's Jinro Group collapses

S. Korea's Jinro Group collapses SEOUL, South Korea (AP): Six main subsidiaries of Jinro Group, South Korea's 19th largest conglomerate, were declared bankrupt Tuesday after months of efforts to revive the nation's leading alcoholic beverage maker.

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Wed, 10 Sep 1997

JP/Toyota opens new plant

Toyota opens new plant JAKARTA (JP): Toyota Astra Motor officially opened a stamping- dies plant yesterday to increase its manufacturing operation in the tooling, engineering and production preparation.

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Wed, 10 Sep 1997

JP/Death sentence against Lt. Sanurip upheld

Death sentence against Lt. Sanurip upheld JAKARTA (JP): The Surabaya High Military Tribunal in East Java has upheld a death sentence against an Army Special Forces officer convicted of killing 16 people in a shooting spree in Timika, Irian Jaya, last year.

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Wed, 10 Sep 1997

JP/Diarrhea kills five, infects thousands

Diarrhea kills five, infects thousands BANJARMASIN, South Kalimantan: Five people died and 12,340 others suffered from diarrhea in South Kalimantan during an outbreak of the ailment between January and July this year, an official said here over the weekend.

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Wed, 10 Sep 1997

JP/Chaine des Rotisseurs concocts archipelagic potpourri

Chaine des Rotisseurs concocts archipelagic potpourriBy Bruce Emond JAKARTA (JP): It was time to check all dietary proscriptions at the door on a visit to one of the bimonthly get-togethers of Chaines des Rotisseurs.

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Wed, 10 Sep 1997

JP/Medal for Soeharto

Medal for SoehartoCorrection: The statement which appeared in the fifth paragraph of our editorial yesterday, starting with "However, Speth warned yesterday that major social problems could erupt if the fruits of growth were not shared," should be read "However, Soeharto warned yesterday that...

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Wed, 10 Sep 1997

JP/Appreciation of literature lacking

Appreciation of literature lacking SEMARANG, Central Java: Scholar Ajip Rosidi lamented Monday the lack of appreciation for literature among Indonesians.He pointed out that in the 1950s, Balai Pustaka, the nation's oldest publisher, often sold out a first print of 5,000 books within two months.

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Wed, 10 Sep 1997

JP/Petojo Ilir market traders upset over kiosk demolition

Petojo Ilir market traders upset over kiosk demolition JAKARTA (JP): Traders from Petojo Ilir market in Central Jakarta expressed their anger yesterday over the demolition of their kiosks.

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Wed, 10 Sep 1997

JP/City govt will rebuild Bulungan

City govt will rebuild Bulungan JAKARTA (JP): Governor Surjadi Soedirdja has rejected the idea of allowing private developers to rebuild the Bulungan youth stadium in South Jakarta.

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Wed, 10 Sep 1997

JP/Government set to ban controversial chat lines

Government set to ban controversial chat lines JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications is ready to block chat line services and deal firmly with local agents of callback services, a senior official said yesterday.

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Wed, 10 Sep 1997

JP/Awards for good services

Awards for good services BOGOR (JP): PDAM Bogor water company and the Bogor branch of West Java Province-owned Bank (BPD) have been awarded Abdi Satya Bhakti awards for their achievements in services.

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Wed, 10 Sep 1997

JP/Further talks urged for Blok P cemetery removal

Further talks urged for Blok P cemetery removal JAKARTA (JP): A councilor strongly urged the city administration yesterday to further discuss with the city council its plan to change the designated land use of the Blok P cemetery in South Jakarta.

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Wed, 10 Sep 1997

JP/Man arrested with 25,750 Ecstasy pills

Man arrested with 25,750 Ecstasy pills JAKARTA (JP): Police have detained a man for allegedly being involved in the smuggling of 25,750 Ecstasy pills and 15 grams of Ecstasy powder from Europe to Indonesia, a customs official said yesterday.

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Wed, 10 Sep 1997

JP/Mother Teresa's lessons in love

Mother Teresa's lessons in love The world has lost a truly universal figure with the passing of Mother Teresa, who won international respect -- and a Nobel Peace Prize -- through love and obstinacy in the slums of Calcutta.

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Wed, 10 Sep 1997

JP/Bowling team to train despite disagreement

Bowling team to train despite disagreement JAKARTA (JP): Indonesia's 19th SEA Games bowling team have agreed to continue training despite a disagreement with their team manager.The 10 athletes agreed to continue their program in a meeting with Games training director Djoko Pramono on Monday.

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Wed, 10 Sep 1997

JP/RI commits to servicing foreign debt

RI commits to servicing foreign debt JAKARTA (JP): Minister of Finance Mar'ie Muhammad reaffirmed yesterday the government's strong commitment to meeting all its foreign debt obligations on schedule despite the rupiah's sharp depreciation.

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Wed, 10 Sep 1997

JP/Former De Mono employee tried

Former De Mono employee tried JAKARTA (JP): A former employee of De Mono cooperative faced Central Jakarta Court yesterday on charges of deception for allegedly tricking a woman into paying Rp 23 million (US$7,666).

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Wed, 10 Sep 1997

JP/Toll road operator won't seek increase in tariffs

Toll road operator won't seek increase in tariffs JAKARTA (JP): Toll road operator PT Citra Marga Nusaphala Persada (CMNP) has promised not to ask for an increase in tolls despite the sharp fall in the rupiah against the U.S. dollar, a minister said here yesterday.

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Wed, 10 Sep 1997

JP/Airports close due to haze

Airports close due to haze BATAM, Riau: Several airports in Sumatra and surrounding areas were again closed Monday due to thick haze from incessant forest fires.Antara reported that Hang Nadim Airport on Batam Island was closed for four hours Monday morning due to haze that limited visibility.

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Wed, 10 Sep 1997

JP/Hottest bridge sextet loses

Hottest bridge sextet losesBy Djanwar Madjolelo JAKARTA (JP): The squad captained by Seymon Deutsch shot to a big first-quarter lead on their way to a 146-109 victory in the Vanderbilt Knockout Team Spring NABC 1996 over the hottest team in bridge, the Nick Nickell sextet.

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Wed, 10 Sep 1997

JP/Govt officials, observers differ on presidency

Govt officials, observers differ on presidency JAKARTA (JP): Government officials opposed yesterday the recent suggestion that civilians were not as qualified as those with a military background to lead the country and would not be ready for at least another five years.

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Wed, 10 Sep 1997

JP/Constitution not specific on presidential term

Constitution not specific on presidential termBy Sri Wahyuni YOGYAKARTA (JP): To limit or not to limit? This question has caused political and legal experts to lock horns following a minister's recent remark that Indonesia needs to limit a president's term in office in the post-Soeharto era.

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Wed, 10 Sep 1997

JP/Jakartans' expectations and hopes for their new governor

Jakartans' expectations and hopes for their new governor JAKARTA (JP): As predicted, City Military Commander Maj. Gen. Sutiyoso easily defeated the other two nominees in yesterday's selection to become Jakarta's next governor.He received 62 votes (or 82.

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Wed, 10 Sep 1997

JP/Enzyme producer to build center

Enzyme producer to build center BOGOR, West Java: The Bogor Institute of Agriculture (IPB) and the San Diego-based Diversa Corp signed a cooperation agreement on bioprospecting.

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Wed, 10 Sep 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 9, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Wed, 10 Sep 1997

JP/Banda Aceh wins Coca-Cola Cup

Banda Aceh wins Coca-Cola Cup JAKARTA (JP): Banda Aceh won the Under-16 Coca-Cola Cup soccer tournament defeating Jakarta 4-2 in penalty shootouts.The tournament was held in Banda Aceh on Monday to commemorate National Sports Day.Neither team scored a goal in the 90 minutes of the match.

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Wed, 10 Sep 1997

JP/Harmoko stakes claim to House speaker post

Harmoko stakes claim to House speaker post JAKARTA (JP): Golkar chairman Harmoko staked his claim yesterday for the position of House speaker, asserting that "political logic" dictated that the winner of the general election should be elected as leader of the legislative body.

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Wed, 10 Sep 1997

JP/On Diana

On Diana I am surprised and shocked to read Mr. S. Natarajan's letter of Sept. 9. Mr. Natarajan calls Diana a "smart player" and holds her responsible for bringing the reputation of the "Royal family" to the streets and after all these accusations wishes her to rest in peace.

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Wed, 10 Sep 1997

JP/Myanmar is ASEAN's test case

Myanmar is ASEAN's test caseBy Rizal Sukma JAKARTA (JP): Before the Association of Southeast Asian Nations (ASEAN) decided to accept Myanmar as a member, there had been concerns raised that the country's membership in the Association would pose a number of challenges, if not problems, for ASEAN.

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Wed, 10 Sep 1997

JP/Diana, English Rose

Diana, English Rose Together with the 2.5 billion viewers following Princess Diana's funeral on television, it was the sight of Prince William fighting not to show his grief, that struck most of us.

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Wed, 10 Sep 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Estetika 5 Ekspresi, at Hilton Executive Club, Jl. Gatot Subroto, South Jakarta, 9 a.m. to 9 p.m., Sept. 10. * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor Gallery, Jl. Gunung Sahari Raya No.

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Wed, 10 Sep 1997

JP/Spotlight

SpotlightPhoto A: SuronoJP/obySEPTUAGENARIAN SHARER: Former coordinating minister for social welfare Surono (second right), accompanied by his wife (right), cuts a rice cone at a ceremony marking his 74th birthday in Jakarta.

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Wed, 10 Sep 1997

JP/Bedugul power project faces strong criticism

Bedugul power project faces strong criticism JAKARTA (JP): A senior environmental expert criticized yesterday the government's decision to allow the development of a geothermal power plant in Bedugul, Bali, saying the power project would have a negative impact on the environment.

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Wed, 10 Sep 1997

JP/Foreign investors in BSD project

Foreign investors in BSD project JAKARTA (JP): French company Carefour and South Korean firm Lotte plan, respectively, to build a large-scale wholesale center and a shopping and recreation center at the Bumi Serpong Damai (BSD) satellite city in Tangerang.

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Wed, 10 Sep 1997

JP/Marine information center to be built

Marine information center to be built JAKARTA: Spain will help build a marine information center in the Central Java coastal town of Cilacap in a bid to help develop Indonesia's marine resources, a minister said.

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Wed, 10 Sep 1997

JP/Jababeka expands estate

Jababeka expands estateJP/alx Minister of Industry and Trade Tunky Ariwibowo officially started yesterday construction of the Jababeka-Cilegon Industrial estate.PT Kawasan Industri Jababeka president Ismail Sofyan, said the first phase, covering 200 hectares, was expected to be completed in 1998.

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Wed, 10 Sep 1997

JP/Man arrested for arson

Man arrested for arson JAKARTA (JP): A 25-year-old man has been arrested for allegedly setting his family's house alight, police said yesterday.City Police spokesman Lt. Col. E.

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Wed, 10 Sep 1997

JP/BI cuts rates further as rupiah and stocks stable

BI cuts rates further as rupiah and stocks stable JAKARTA (JP): Bank Indonesia, the central bank, cut interest rates again yesterday on its short-term papers (SBIs) by 100 to 200 basis points to drive down high interest rates in the banking system.

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Wed, 10 Sep 1997

JP/Maj. Gen Sutiyoso wins Jakarta gubernatorial election

Maj. Gen Sutiyoso wins Jakarta gubernatorial election JAKARTA (JP): In an unsurprising move, more than 80 percent of city councilors voted for Jakarta Military Commander Maj. Gen. Sutiyoso to become the next governor of Jakarta.

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Wed, 10 Sep 1997

JP/An intercultural how-to guide for managers

An intercultural how-to guide for managers Kunci Budaya: Business in Indonesia, The Key to SuccessBy Thomas Brandtgoasia Verlag, 1997252 pages JAKARTA (JP): It is quite a paradox that Indonesia's rich culture has acted as a formidable magnet for international tourists, yet at the same time, it ...

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Wed, 10 Sep 1997

JP/Agency forecasts rain for October

Agency forecasts rain for October JAKARTA (JP): Indonesia is forecast to have its hottest day on Sept. 22 this year but long-awaited rains are expected to pour in many parts of the country in October and November, the Meteorology and Geophysics Agency announced yesterday.

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Wed, 10 Sep 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 Educational Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music 6:00 News: ...

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Wed, 10 Sep 1997

JP/Hungarian bus maker wins $60-million deal

Hungarian bus maker wins $60-million deal JAKARTA (JP): Hungarian Ikarus Vehicle Manufacturing Co said yesterday it had secured a contract to sell 100 gas-fueled buses to the state-owned transportation company PPD.

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Wed, 10 Sep 1997

JP/Economic reform package

Economic reform package The government's package of measures that includes steps to boost the stock market, cut budget spending, raise luxury tax and cleanse the banking industry of unsound banks is welcome. This could prevent the country from plunging into a worse financial crisis.

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Wed, 10 Sep 1997

JP/Individual freedom is stable society

Individual freedom is stable societyBy Abdulgaffar Peang-Meth GUAM, United States (JP): Stability and order are two important goals for any society. Without them, other goals are difficult to attain.Stability and order are prerequisites for the development of a cohesive society.

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Wed, 10 Sep 1997

JP/Police bill passed

Police bill passed After months of debate, the House of Representatives passed a controversial police bill on Monday along with three other security and defense-related laws.

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