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

Mon, 16 Feb 1998

JP/Tourist arrivals up 5% in 1997

Tourist arrivals up 5% in 1997 Jakarta (JP): Foreign tourist arrivals in Indonesia rose by 5.04 percent last year to 5.03 million visitors, below the pessimistic target of 5.3 million.

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Mon, 16 Feb 1998

JP/More tips on faxing directly from your personal computer

More tips on faxing directly from your personal computerBy Zatni Arbi JAKARTA (JP): It is always sad to bid farewell to a good friend if you don't know how long it will be until you can see each other again.

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Mon, 16 Feb 1998

JP/Garuda suspends flights to S'pore

Garuda suspends flights to S'pore MEDAN, North Sumatra: Garuda Indonesia has temporarily suspended its daily flights from here to Singapore and Malaysia due to a sharp decline in the number of passengers over the last few months, an official said Saturday.

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Mon, 16 Feb 1998

JP/A long and winding road for local music industry

A long and winding road for local music industryBy Helly Minarti JAKARTA (JP): Piles of cassettes and compact discs (CDs) are taken off the shelves of a music store in Central Jakarta. And, for the second time in as many months, an employee is busy replacing the price tags.

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Mon, 16 Feb 1998

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:45 Cartoon: The Big Valley 3:10 TV Drama: Kabar Terakhir Dari Sanggar 3:35 Religious Teachings: Buddha 4:00 Regional News 4:30 Documentary: Berseri Hutan Lestari 5:00 Indonesian Lesson 5:25 Variety Show 5:30 Documentary: Transmigrasi Umum ...

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Mon, 16 Feb 1998

JP/Wardiman installs Asman as new UI rector

Wardiman installs Asman as new UI rector DEPOK, West Java (JP): Asman Boedisantoso Ranakusuma has replaced M.K. Tadjudin as the new rector of the University of Indonesia (UI), taking over the management of 32,600 students and a faculty of 2,561.

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Mon, 16 Feb 1998

JP/Police interrogate five for stockpiling food commodities

Police interrogate five for stockpiling food commodities TANGERANG (JP): At least five warehouse owners are being interrogated by police following the finding of vast stocks of food commodities on their premises, police said yesterday.

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Mon, 16 Feb 1998

JP/New guards at ABRI

New guards at ABRI If all goes well, President Soeharto will install Gen. Wiranto as the new chief of the Armed Forces (ABRI), and Gen. Subagyo as Army chief of staff at the presidential palace today.

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Mon, 16 Feb 1998

JP/Hamami warns political protesters

Hamami warns political protesters JAKARTA (JP): City Police chief Maj. Gen. Hamami Nata yesterday vowed to take stern action against any groups protesting for political purposes."If a demonstration seems to have a political motive behind it, we will charge them (protesters) based on Law No.

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Mon, 16 Feb 1998

JP/Two arrested for alleged involvment in drug ring

Two arrested for alleged involvment in drug ring JAKARTA (JP): Two men were arrested Saturday at a house in Salemba, Central Jakarta, for alleged involvement in distributing marijuana.City police spokesman Lt. Col. E.

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Mon, 16 Feb 1998

JP/Construction of office halted

Construction of office halted SEMARANG, Central Java: Governor Soewardi agreed last week to postpone the construction of a Rp 9.9 billion (US$1 million) retired civil servants headquarters.Soewardi said he had to shelve the project indefinitely due to the current economic crisis.

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Mon, 16 Feb 1998

JP/Love local products!

Love local products! After the launch of the "Love Rupiah" campaign, the time is now ripe to launch a "Love Indonesian Products" campaign. The theme for this could be: "Be Indonesian and buy Indonesian.

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Mon, 16 Feb 1998

JP/NYL bullish on RI's prospects

NYL bullish on RI's prospects JAKARTA (JP): Many foreign firms are set to abandon or slash the scope of their operations here due to the economic crisis and ominous rumors, but giant U.S. insurance firm New York Life (NYL) is pledging to stay.

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Mon, 16 Feb 1998

JP/U.S. provides funds for Atauro

U.S. provides funds for Atauro DILI, East Timor: The U.S. government has provided US$25,000 in aid to alleviate poverty in Atauro island, just north of here, a local official has said.Dili regent Domingos M.D.

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Mon, 16 Feb 1998

JP/Telkom to build more phone lines but below set target

Telkom to build more phone lines but below set target JAKARTA (JP): State-owned telecommunications operator PT Telkom said over the weekend that the company and its partners would install at least 1.4 million telephone lines this year but would still not achieve the government's five-year target.

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Mon, 16 Feb 1998

JP/NU finds itself in the midst of change

NU finds itself in the midst of change Tradisionalisme Radikal, Persinggungan Nahdlatul Ulama - Negara (Nahdlatul Ulama, Traditional Islam and Modernity in Indonesia); Edited by Greg Fealy and Greg Barton; Foreword by Abdurrahman Wahid; Published by LKIS, Yogyakarta, 1997; xx + 250 pp.

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Mon, 16 Feb 1998

JP/Police officer dies in traffic accident

Police officer dies in traffic accident JAKARTA (JP): A police sergeant from the elite Mobile Brigade died early yesterday after his motorcycle collided with a cigarette stand when he tried to avoid a speeding public minivan on Jl. Raya Pasar Minggu in South Jakarta.Second Sgt.

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Mon, 16 Feb 1998

JP/PPP nominates Habibie

PPP nominates Habibie JAKARTA (JP): The United Development Party (PPP) formally endorsed B.J. Habibie yesterday for the vice presidency and dropped its boss, Ismail Hasan Metareum, from the candidates list.

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Mon, 16 Feb 1998

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: World Press Photo '97, at Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta, until Feb. 22. * Original Silkscreens Exhibition by David and Cherie Miles at Australian Embassy Jl. H.R.

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Mon, 16 Feb 1998

JP/RI needs pro-reform cabinet to improve economy

RI needs pro-reform cabinet to improve economy The rupiah remains weak and prices are skyrocketing, triggering riots in several towns.

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Mon, 16 Feb 1998

JP/Indonesia's peg mirage

Indonesia's peg mirage If, in his anxiety to find a solution to Indonesia's financial crisis, President Soeharto presses ahead with plans to peg the rupiah to the U.S. dollar, he is likely to find himself exchanging crisis for disaster.

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Mon, 16 Feb 1998

JP/India a target of U.S. high-tech export control

India a target of U.S. high-tech export controlBy Brahma Chellaney NEW DELHI (JP): U.S. statecraft has fashioned export controls as an integral component of national security.

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Mon, 16 Feb 1998

JP/Govt warns against fuel use

Govt warns against fuel use JAKARTA (JP): The Ministry of Mines and Energy has asked the public not to use a newly introduced unleaded gasoline in motorcycles and equipment using four-stroke engines.

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Mon, 16 Feb 1998

JP/Departure tax: Getting what's due

Departure tax: Getting what's due Debate over the departure tax increase goes on.It has created serious concerns for people of all walks of life, especially those directly affected, in ways that are too obvious to explain.

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Mon, 16 Feb 1998

JP/Govt forecasts power glut as demand drops

Govt forecasts power glut as demand drops JAKARTA (JP): The government's "optimistic" projection is for power oversupply of at least 4,000 megawatts on the Java-Bali network in three years due to the economic crisis.

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Mon, 16 Feb 1998

JP/Govt to subsidize feed meal

Govt to subsidize feed meal JAKARTA (JP): The government has decided to allocate Rp 1.6 trillion (US$160 million) to help stabilize feed meal prices in the domestic market, an official at the Ministry of Agriculture said last week.

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Mon, 16 Feb 1998

JP/Five activists held for child labor march

Five activists held for child labor march JAKARTA (JP): Five labor activists remained in police custody Saturday after their arrest the previous day for involvement in the local staging of the Global March against Child Labor, a city police spokesman said.Lt. Col. E.

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Mon, 16 Feb 1998

JP/Haze from forest fires blankets areas in Riau

Haze from forest fires blankets areas in Riau JAKARTA (JP): Thick haze from forest fires has blanketed some regencies in Riau province over the last few weeks, Antara reported Saturday from Pekanbaru.The U.S.

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Mon, 16 Feb 1998

JP/Moslem leader decries attacks on Chinese property

Moslem leader decries attacks on Chinese property YOGYAKARTA (JP): Amien Rais, leader of the 28-million-strong Muhammadiyah Moslem organization, denounced yesterday attacks on property owned by the Indonesian Chinese community.

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Mon, 16 Feb 1998

JP/Dengue fever kills 66 people

Dengue fever kills 66 people PALEMBANG, South Sumatra: At least 66 people in South Sumatra have died of dengue fever since early January, according to a local health official.

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Mon, 16 Feb 1998

JP/Prevention key to public order

Prevention key to public order JAKARTA (JP): It is no exaggeration to suggest that the security issue prior to and during the General Session of the People's Consultative Assembly (MPR) next month demands special attention both from the government and the public.

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Mon, 16 Feb 1998

JP/Haryono presents aid to Yogya

Haryono presents aid to Yogya YOGYAKARTA: State Minister of Population Haryono Suyono presented Saturday a Rp 6.45 billion (US600,000) state-sponsored rolling fund scheme to the special provincial territory of Yogyakarta.

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Mon, 16 Feb 1998

JP/Three-month-old baby has baby

Three-month-old baby has baby JAKARTA (JP): Doctors in the East Java town of Kediri have successfully removed a fetus from a three-month-old female baby, a press report said yesterday.

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Mon, 16 Feb 1998

JP/Emil intends to go forward with VP nomination

Emil intends to go forward with VP nomination DEPOK, West Java (JP): Senior economist Emil Salim has responded favorably to calls by fellow intellectuals for him to be nominated a candidate for the vice presidential election next month."I'm pressing forward.

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Mon, 16 Feb 1998

JP/Why always Singapore?

Why always Singapore? When Singapore came to support Indonesia in its monetary crisis, someone pointed out that its pledged US$5 billion was conditional. This may mislead others to think that support from Japan and other countries came without strings attached.

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Mon, 16 Feb 1998

JP/Fresh riots hit W. Java subdistrict

Fresh riots hit W. Java subdistrict BANDUNG (JP): A riot triggered by price hikes hit the West Java subdistrict of Kadipaten in Majalengka regency, 10 kilometers east of here, as other towns remained tense yesterday.Dozens of people began to take to Jl. Siliwangi and Jl.

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Mon, 16 Feb 1998

JP/Share prices are likely to remain under pressure

Share prices are likely to remain under pressure JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are likely to remain under pressure this week over concerns of heated social and political tensions and uncertainties surrounding the planned currency board system, analysts have said.

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Mon, 16 Feb 1998

JP/ABRI's new leadership

ABRI's new leadership We all know the government is working hard to overcome the current crisis. One consequence that this brings, however, is a heightened degree of vulnerability to security disturbances.

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