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

Fri, 05 Sep 1997

JP/Bravo to PM Mahathir Mohamad

Bravo to PM Mahathir Mohamad I watched Malaysian Prime Minister Mahathir Mohamad the other night on CNN's international news Q&A program. I was very much impressed by him.

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Fri, 05 Sep 1997

JP/The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * "Take," "put" and "turn" are like potatoes.

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Fri, 05 Sep 1997

JP/Pizza Hut gets 'halal' certificate

Pizza Hut gets 'halal' certificate JAKARTA (JP): Pizza Hut of Indonesia received a halal (permissible by Islamic law) certificate from the Indonesian Ulemas Council yesterday after a two-year campaign.

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Fri, 05 Sep 1997

JP/Man nabbed for robbing Hyatt guest

Man nabbed for robbing Hyatt guest JAKARTA (JP): A man was arrested by security guards at the five-star Grand Hyatt hotel in Central Jakarta Wednesday after breaking into a room and threatening the guest with a fake gun, police said yesterday.

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Fri, 05 Sep 1997

JP/Conference on thalassaemia

Conference on thalassaemia JAKARTA: The University of Indonesia and Cipto Mangunkusumo General Hospital will hold the 2nd ASEAN Thalassaemia conference here between Sept. 8 and Sept. 10, Antara reported yesterday.

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Fri, 05 Sep 1997

JP/Sarwono accuses three firms of burning forests

Sarwono accuses three firms of burning forests JAKARTA (JP): State Minister of Environment Affairs Sarwono Kusumaatmadja charged yesterday three companies in Riau and Central Kalimantan with illegally burning forests to clear land for plantations and called for stern measures against them.

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Fri, 05 Sep 1997

JP/Indosat raises investment

Indosat raises investment JAKARTA (JP): State-owned PT Indosat has decided to increase its investment in the Personal Communication Network (PCN) project.

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Fri, 05 Sep 1997

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. - Lobby: Solo Piano, daily, 6 p.m. to 9 p.m. * Mirama Hotel, Jl.

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Fri, 05 Sep 1997

JP/Chinese fishermen under trial

Chinese fishermen under trial TERNATE, Maluku: More than 300 Chinese fishermen are being tried in the district court of Tual, Maluku, an official from the local justice ministry office said.Baren M.

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Fri, 05 Sep 1997

JP/Even princesses make mistakes

Even princesses make mistakes Well, the whole world is shocked and grieving the untimely demise of the self-proclaimed "queen of people's hearts".

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Fri, 05 Sep 1997

JP/Bogor to have airport buses

Bogor to have airport buses JAKARTA (JP): The Bogor mayoralty is to begin operating 10 air-conditioned buses between the town and Soekarno Hatta International Airport.

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Fri, 05 Sep 1997

JP/Di's death prods media conscience

Di's death prods media conscienceBy Jonathan Power LONDON (JP): Stripping off all the layers -- the drunkenness of the driver, the tortured ambiguity towards the press of the victim -- the death of Diana still deeply challenges those in the media.

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Fri, 05 Sep 1997

JP/Toddlers given wrong vaccine

Toddlers given wrong vaccine JAKARTA (JP): The anti-polio drive (PIN) in Riau got off to a blunderous start as 224 toddlers in Tangkerang Timur subdistrict were mistakenly given the wrong vaccine.

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Fri, 05 Sep 1997

JP/Court to summon President Soeharto

Court to summon President Soeharto JAKARTA (JP): The South Jakarta District Court ordered state prosecutors to summon President Soeharto who is said to be the victim of alleged defamation by defendant Rachmad Buchori, the secretary of former politician Soebadio Sastrosatomo.

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Fri, 05 Sep 1997

JP/75 netted in nightspots raid

75 netted in nightspots raid TANGERANG (JP): Sixty-four waitresses and 11 waiters were arrested at three nightspots in a joint raid by Tangerang police precinct and Serpong police subprecinct Wednesday evening.They were accused of violating article 503 of the criminal code on public order.

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Fri, 05 Sep 1997

JP/World class rally drivers to compete in Medan

World class rally drivers to compete in Medan JAKARTA (JP): World top rally drivers who dominated the race through its 11th stop in Finland last week will continue their battle for top honors when they compete in the Gudang Garam World Rally Championships in Medan, North Sumatra, from Sept.

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Fri, 05 Sep 1997

JP/National soccer team to hold trial matches

National soccer team to hold trial matches JAKARTA (JP): The SEA Games soccer team will hold three trial matches with foreign teams in Bandung from Sept. 14, the Indonesian Football Association (PSSI) announced Wednesday.

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Fri, 05 Sep 1997

JP/'Ken Dedes': Refreshing touch on gender power plays

'Ken Dedes': Refreshing touch on gender power playsBy Yogita Tahil Ramani JAKARTA (JP): A movie screen descended at one point in the modern dance-drama Ken Dedes, projecting a hand penning a poetic message."She rises from a monument," it read.

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Fri, 05 Sep 1997

JP/For arrested for making, selling guns

For arrested for making, selling guns JAKARTA (JP): Four men have been arrested for allegedly producing and selling homemade pen-shaped guns.City Police Spokesman Lt. Col. E. Aritonang said yesterday that police examinations of the weapon, classified as a handgun, had proved that it was accurate.

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Fri, 05 Sep 1997

JP/Abilio reelected E. Timor governor

Abilio reelected E. Timor governor DILI, East Timor (JP): Abilio Jose Osorio Soares was reelected yesterday as governor of East Timor for the 1997/2002 period in a landslide victory over two other candidates.

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Fri, 05 Sep 1997

JP/African leader

African leader I am not writing in reference to any letter or author.I only intend to make a point of interest to less informed friends of ours who think that Nelson Mandela is either the representative of Africa or the continent's leader, so that they can confidently harass all of us for the ...

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Fri, 05 Sep 1997

JP/Russia to expand arms sales in SE Asia

Russia to expand arms sales in SE AsiaBy Dwi Atmanta DENPASAR (JP): Russia is looking to expand its military equipment market in Southeast Asia, the head of the Russian parliamentary delegation to an international meeting, Sergey Boshkolov, said here yesterday.

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Fri, 05 Sep 1997

JP/Ending the haze problem

Ending the haze problem It appears that the thick haze hanging over parts of the region since last month is not about to dissipate. Rather, the problem seems to be getting worse.The haze now plagues not only parts of Sumatra and Kalimantan but also areas in Brunei, Malaysia and Singapore.

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Fri, 05 Sep 1997

JP/Minister slams Garuda over losses

Minister slams Garuda over losses JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto slammed yesterday state-owned air carrier Garuda Indonesia for its recent huge losses and doubted the company would reach its profit target of Rp 300 billion this year.

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Fri, 05 Sep 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Kelley 3:10 Children's Dance 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05 ...

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Fri, 05 Sep 1997

JP/SEA Games committee struggling with budget

SEA Games committee struggling with budget JAKARTA (JP): The 19th SEA Games competition committee has announced it only received Rp 200 million in funds from the Rp 4.5 billion budget.Competition committee chairman, Hindarto, said Wednesday the committee had already overspent Rp 150 million.

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Fri, 05 Sep 1997

JP/Stocks strengthen, rupiah still stable

Stocks strengthen, rupiah still stable JAKARTA (JP): Share prices rose 4.2 percent yesterday and the rupiah remained stable at 3,000 level against the U.S. dollar in response to the lifting of the 49 percent foreign portfolio holding limit and interest rate cuts, dealers and brokers said.

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Fri, 05 Sep 1997

JP/'Update land title processing system'

'Update land title processing system' JAKARTA (JP): A property analyst underlined yesterday the importance of periodically changing the system for processing land titles to eradicate forgeries in Greater Jakarta.

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Fri, 05 Sep 1997

JP/Preventing a crisis

Preventing a crisis The package of measures announced after the monthly cabinet meeting on Wednesday once again proves the crisis management capability of the Indonesian government. It is, nevertheless, too early to gauge the full impact of the move on the market sentiment and investor confidence.

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Fri, 05 Sep 1997

JP/'Political conflicts must be managed, not crushed'

'Political conflicts must be managed, not crushed' JAKARTA (JP): The government should manage political conflict rather than repress or sweep it under the carpet, says former minister of home affairs Rudini.

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Fri, 05 Sep 1997

JP/Legal reform relies on power elites

Legal reform relies on power elitesBy J.E. Sahetapy SURABAYA (JP): Rhetoric about the role of law or due process and human rights is rampant, especially among bureaucrats and politicians.

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Fri, 05 Sep 1997

JP/IPB and Cilacap launch cooperation

IPB and Cilacap launch cooperation BOGOR, West Java: The Bogor Institute of Agriculture (IPB) and the Cilacap administration signed yesterday a memorandum to further cooperate in studying the effects of development in the regency.The agreement was signed by Cilacap regent M.

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Fri, 05 Sep 1997

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 4, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 900 ...

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Fri, 05 Sep 1997

JP/July 27 riot case remains unsolved: Right commission

July 27 riot case remains unsolved: Right commission JAKARTA (JP): The National Commission on Human Rights insisted that the case of the July 27, 1996, bloody riots in Jakarta, in which five people were killed, remained unsolved.

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Fri, 05 Sep 1997

JP/4,600 human remains to be moved

4,600 human remains to be moved JAKARTA (JP): The city funeral agency is to begin removing the 4,626 bodies buried in the Blok P cemetery Tuesday as part of a plan to build the South Jakarta mayoralty office on the site.

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Fri, 05 Sep 1997

JP/Businesspeople hail new economic reform package

Businesspeople hail new economic reform package JAKARTA (JP): Businesspeople and analysts yesterday hailed the government's latest reform package as a quick, concerted move to prevent the economy from collapsing.

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Fri, 05 Sep 1997

JP/Limit tenure for president

Limit tenure for president I fully subscribe to the opinion, recently voiced by Minister of Transmigration Siswono Judohusodo, that the tenure of a president in the post-Soeharto era (2003 onward) should be limited to 10 years, i.e. two terms of office.

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Fri, 05 Sep 1997

JP/Bangladesh PM starts state visit

Bangladesh PM starts state visit JAKARTA (JP): Bangladesh's Prime Minister Sheikh Hasina arrived here yesterday for a four-day state visit to speed up the slow economic cooperation between the two countries.President Soeharto greeted Hasina in a state reception at Merdeka Palace.

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Fri, 05 Sep 1997

JP/Indocement hike cement prices

Indocement hike cement prices JAKARTA (JP): A rise in cement prices was essential to cover rising production costs, president of the country's largest cement producer PT Indocement Tunggal Prakarsa, said yesterday.

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Fri, 05 Sep 1997

JP/Fishermen caught for bombing fish

Fishermen caught for bombing fish JAKARTA (JP): Seven fishermen were arrested by coastal police officers yesterday for using bombs and prohibited poisonous substances in the Thousand Islands in North Jakarta.Four of the seven were arrested near Semak Daun island.

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Fri, 05 Sep 1997

JP/Forestry funds to help rupiah

Forestry funds to help rupiah JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said yesterday his ministry had deposited about Rp 400 billion (US$142 million) of reforestation funds in Bank Indonesia last month to help shore up the falling rupiah.

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Fri, 05 Sep 1997

JP/Muchtar Pakpahan's trial resumes

Muchtar Pakpahan's trial resumes JAKARTA (JP): The subversion trial against labor leader Muchtar Pakpahan resumed yesterday after a six month adjournment due to the defendant's deteriorating health.

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Fri, 05 Sep 1997

JP/Two car thieves nabbed

Two car thieves nabbed JAKARTA (JP): City police detectives gunned down two suspects in the early hours of yesterday in Sunter, North Jakarta, for allegedly stealing a Mercedes Benz sedan.According to City Police Spokesman Lt. Col. E. Aritonang, one of the suspects pointed an FN .

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Fri, 05 Sep 1997

JP/Ananda write 'musical history book' at home

Ananda write 'musical history book' at homeBy Emilie Sueur JAKARTA (JP): Pianist Ananda Sukarlan makes his Indonesian debut tonight at the Jakarta Performing Arts and Theater International Festival 1997.It is a coming home of sorts for Ananda, born in Jakarta in 1968.

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Fri, 05 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., until Sept. 10. * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto, Petrus Pranagung at Mon Decor Gallery, Jl.

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Fri, 05 Sep 1997

JP/Timika problems are 'complicated issues'

Timika problems are 'complicated issues' JAKARTA (JP): The National Commission on Human Rights attributed the recent intertribal tension that hit the Irian Jaya town of Timika partly to the local administration's inefficiency.

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Fri, 05 Sep 1997

JP/Sense of humor vital for debate

Sense of humor vital for debate I would like to thank Francesco of Jakarta for his vitriolic and humorless response (Aug. 27) to my article Xenophobic MP sours race debate in Australia (Aug. 8).Francesco's response has again reminded me of the sensitivity of cross cultural issue between neighbors.

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Fri, 05 Sep 1997

JP/Theater keeps traditional ties

Theater keeps traditional tiesBy Yenni Kwok JAKARTA (JP): There is a new buzzword for artistic styles. It is cengkok.

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Fri, 05 Sep 1997

JP/Six islets vanish near Jakarta

Six islets vanish near Jakarta JAKARTA (JP): Six islands in the Thousand Islands chain in North Jakarta have disappeared and sand quarriers may well be partly responsible, an environmental official said yesterday.

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Fri, 05 Sep 1997

JP/Sukhoi fighter deal signed

Sukhoi fighter deal signed JAKARTA (JP): Indonesia will fund the purchase of Russian Sukhoi jet fighters and helicopters through a counter-purchase deal worth US$500 million, a senior minister said yesterday.

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Fri, 05 Sep 1997

JP/Developers want to build fewer low-cost homes

Developers want to build fewer low-cost homes JAKARTA (JP): Private developers urged the municipality yesterday to reduce the percentage of land they must set aside for low-cost apartments from 20 percent to five percent, councilors said yesterday.Saud Rachman and Lukman F.

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Fri, 05 Sep 1997

JP/Megawati not told about FCA decision

Megawati not told about FCA decision JAKARTA (JP): A close aide to ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri said yesterday she had not been informed of the cancellation of an invitation to speak before Singapore-based foreign correspondents.

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Fri, 05 Sep 1997

JP/Soothsayer accused of rape

Soothsayer accused of rape AMBON, Maluku: A 65-year-old soothsayer has been taken into police custody after being accused of raping 200 women in the last 30 years, Antara reported yesterday.

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Fri, 05 Sep 1997

JP/ING Barings revises down profit estimate for BNI

ING Barings revises down profit estimate for BNI JAKARTA (JP): ING Barings Securities has lowered its profit estimate for publicly listed Bank Negara Indonesia for 1997 and 1998 as the rupiah upheaval continues.

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