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

Tue, 01 Jun 1999

JP/PK protests campaign ban

PK protests campaign ban UJUNGPANDANG, South Sulawesi: Around 5,000 supporters of the Justice Party (PK) staged on Monday a demonstration in front of the Takalar regent's office, protesting a ban on the party campaigning.

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Tue, 01 Jun 1999

JP/Salim Group to take over debts of Indomobil

Salim Group to take over debts of Indomobil JAKARTA (JP): Publicly listed auto firm PT Indomobil Sukses International plans to issue Rp 337.38 billion (US$42.1 million) worth of convertible bonds to its majority shareholder, the Salim Group.

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Tue, 01 Jun 1999

JP/A new political constellation?

A new political constellation?By F. Aziez BANDUNG (JP): American political scientist R. William Liddle gives an interesting analysis of the Indonesian party system in the May 20 edition of Republika.

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Tue, 01 Jun 1999

JP/The blind learn about the sound of politics

The blind learn about the sound of politicsBy Yogita Tahil Ramani JAKARTA (JP): Abdurrahman Wahid "sounds" like an inconsistent politician who says one thing today and another tomorrow. Akbar Tandjung "sounds" like a person who does not know what else to say and keeps on repeating his remarks.

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Tue, 01 Jun 1999

JP/Schumm says drubbing by Korea 'no failure'

Schumm says drubbing by Korea 'no failure' JAKARTA (JP): Indonesia's soccer team coach Bernhard Schumm said on Monday that his team's whipping by South Korea on Saturday in the pre-Olympics qualifying round was not a failure because the Koreans were better prepared and boasted several World Cup ...

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Tue, 01 Jun 1999

JP/Militarized rather than legalized

Militarized rather than legalized The picture on Page 13 of The Jakarta Post, May 27, 1999, shows Let. Gen. Ghalib (disguised as a civilian) installing new deputy attorney generals -- all military men, let it be noted.

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Tue, 01 Jun 1999

JP/Indonesia opposes forming new rubber body

Indonesia opposes forming new rubber body JAKARTA (JP): Indonesia ruled out on Monday acceptance of a likely offer from Malaysia and Thailand to form a new buffer stock agency to support falling rubber prices.

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Tue, 01 Jun 1999

JP/PNI-Supeni cancels rally

PNI-Supeni cancels rally KENDARI, Southeast Sulawesi: The Indonesian Nationalist Party led by Supeni (PNI-Supeni) called off its final campaign rally here on Monday after party branch executives and supporters disagreed on campaign methods.

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Tue, 01 Jun 1999

JP/Bomb threat hits IBRA office

Bomb threat hits IBRA office JAKARTA (JP): A bomb threat led to the evacuation of the office of the Indonesian Banking Restructuring Agency (IBRA) in the Danamon Aetna building on Monday.A police officer said the threat was received by phone by one of IBRA's officials at about 2 p.m.

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Tue, 01 Jun 1999

JP/Government awards 12 coal contracts to local firms

Government awards 12 coal contracts to local firms JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto awarded on Monday 12 mining contracts to local investors to exploit coal resources in Central Kalimantan, East Kalimantan, South Kalimantan and South Sumatra provinces.

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Tue, 01 Jun 1999

JP/Foster parent program 'ineffective'

Foster parent program 'ineffective' TANGERANG (JP): The government-sponsored GN-OTA foster parent program in Tangerang regency is hindered by a shortage of funds, an official said here on Monday.

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Tue, 01 Jun 1999

JP/Strange bedfellows

Strange bedfellows A recent political maneuver by Amien Rais of the National Mandate Party (PAN), Abdurrahman Wahid of the National Awakening Party (PKB) and Megawati Soekarnoputri of the Indonesian Democratic Party of Struggle (PDI Perjuangan) to confront the so- called status quo forces is not ...

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Tue, 01 Jun 1999

JP/Job seekers from Lombok cheated

Job seekers from Lombok cheated MATARAM, West Nusa Tenggara: At least 488 job seekers from Lombok complained on Monday they had been cheated by labor export company PT Falia Satria Sejati.

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Tue, 01 Jun 1999

JP/Bank Niaga loses $475m

Bank Niaga loses $475m JAKARTA (JP): Publicly listed Bank Niaga has reported a net loss of Rp 3.8 trillion (about US$475 million) in 1998, a reversal from its Rp 48 billion net profit the previous year.

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Tue, 01 Jun 1999

JP/Bank workers protest payments

Bank workers protest payments JAKARTA (JP): At least 500 former employees of liquidated banks urged the government on Monday to help settle lingering severance pay problems.

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Tue, 01 Jun 1999

JP/KPU sends new ballot papers

KPU sends new ballot papers JAKARTA: The General Elections Commission (KPU) has sent 14,000 replacements for ballot papers which were dumped recently in Deli River in North Sumatra.

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Tue, 01 Jun 1999

JP/Australia pledges more assistance

Australia pledges more assistance JAKARTA: Australia has pledged an additional A$5 million to support the election process in Indonesia through the technical assistance scheme of the United Nations Development Program (UNDP).

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Tue, 01 Jun 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: Patch Adams 14:15 16:55 19:05 21:15 Simply Irresistible 14:55 17:35 19:45 21:55 Legionnaire 14:15 16:55 19:05 21:15 Message In A Bottle 14:30 18:00 21:30 ...

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Tue, 01 Jun 1999

JP/Agenda

Agenda JAKARTA (JP): Ten political parties will campaign on Tuesday: the National Awakening Party (PKB); the Peace Loving Party (PCD); the Justice and Unity Party (PKP); the All-Indonesian Workers Solidarity Party (PSPSI); the Indonesian Nation's National Party (PNBI); the Indonesian Unity in ...

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Tue, 01 Jun 1999

JP/Quick-trial system sought for election violations

Quick-trial system sought for election violations JAKARTA (JP): The Election Supervisory Committee has urged that district courts provide a quick trial system to expedite the handling of various poll violations across the country.

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Tue, 01 Jun 1999

JP/Campaigners too tired to come

Campaigners too tired to come PURWOKERTO, Central Java: Approximately 250 women in the infamous red-light district at Batu Raden tourist resort, 14 kilometers north of here, are bearing the brunt of the daily street campaign rallies.

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Tue, 01 Jun 1999

JP/Tutut questioned over her wealth

Tutut questioned over her wealth JAKARTA (JP): Siti Hardijanti "Tutut" Rukmana, the eldest daughter of former president Soeharto, was questioned for eight hours at the Attorney General's Office on Monday over a Time magazine report putting her wealth at US$700 million.

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Tue, 01 Jun 1999

JP/Poll watchers note increasing intimidation

Poll watchers note increasing intimidation JAKARTA (JP): A poll watch activist has predicted that violence will intensify against poll monitors in the third round of campaigning ahead of the June 7 elections.Secretary-general of the Independent Election Monitoring Committee (KIPP) Mulyana W.

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Tue, 01 Jun 1999

JP/Golkar distributes staple foods

Golkar distributes staple foods MEDAN, North Sumatra: Thousands of Golkar supporters rallied on city streets on Monday, while party leaders addressed a gathering and other activists distributed cheap foods in 21 districts.The distribution was organized by members of AMPI, a Golkar youth wing.

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Tue, 01 Jun 1999

JP/Adi unfazed by Golkar dismissal

Adi unfazed by Golkar dismissal JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono played down on Monday Golkar's decision to dismiss him as deputy chairman, saying he had long anticipated it.

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Tue, 01 Jun 1999

JP/Dayak people win lawsuit against Salim Group

Dayak people win lawsuit against Salim Group JAKARTA (JP): The Samihim Dayak people have won their lawsuit against seven subsidiaries of the widely diversified Salim Group over large-scale forest fires in South Kalimantan in 1997.

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Tue, 01 Jun 1999

JP/Rates for tax payment, valid from May 31 to June 6

Rates for tax payment, valid from May 31 to June 6 U.S. dollar 1 Rp 8,080.00Austrian schilling 1 612.73Australian dollar 1 5,231.80Belgian franc 1 209.01Canadian dollar 1 5,479.17Swiss franc 1 5,301.

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Tue, 01 Jun 1999

JP/Canadian ballistics report reveals Trisakti gun types

Canadian ballistics report reveals Trisakti gun types JAKARTA (JP): Forensic ballistic experts in Canada have revealed that two bullets taken from the bodies of two students and another found outside a Trisakti University building were fired from SS-1 and Steyr AUG-P rifles.

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Tue, 01 Jun 1999

JP/Wardah goes to Attorney General's Office

Wardah goes to Attorney General's Office JAKARTA (JP): Braving intimidation, Wardah Hafidz of the Urban Poor Consortium (UPC) reported findings of alleged abuse by the People's Sovereignty Party (PDR) and Golkar of social safety net funds worth US$800 million to the Election Supervisory ...

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Tue, 01 Jun 1999

JP/PAN supporters injured in rally

PAN supporters injured in rally PURWOKERTO, Central Java: Fourteen supporters of the National Mandate Party (PAN) were injured, with four of them suffering from broken limbs, in an accident during a convoy rally marking their last day of campaigning here.The accident took place on Jl.

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Tue, 01 Jun 1999

JP/Where to go in Bandung:

Where to go in Bandung:Exhibitions * Fine Arts Exhibition: Batu Melangkah Waktu, by Sunaryo, at Selasar Seni Sunaryo, Jl. Bukit Pakar Timur no. 100 (Phone: 022 2507939), until Jun. 30.Performances * Sundaneses Traditional Drama, Raja Lieur, at Gedung Kesenian Rumentang Siang, Jl.

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Tue, 01 Jun 1999

JP/Prostitutes stay on the streets

Prostitutes stay on the streets SEMARANG, Central Java: The province's social service office is finding it difficult to rehabilitate prostitutes despite the closure of several major red-light districts, an official said on Monday.

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Tue, 01 Jun 1999

JP/Pertamina denies Kuntoro's claim about Natuna project

Pertamina denies Kuntoro's claim about Natuna project JAKARTA (JP): State oil and gas company Pertamina defended on Monday its final decision on the underwater Natuna pipeline project, despite a grumble from the mines and energy minister.

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Tue, 01 Jun 1999

JP/Talks stall on coalition of three big parties

Talks stall on coalition of three big parties JAKARTA (JP): Talks on a possible coalition between three reformist parties hit a stumbling block on Monday after the Indonesian Democratic Party of Struggle (PDI Perjuangan) secretly involved nationalist parties, a credible source said.

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Tue, 01 Jun 1999

JP/Nine swimmers to train in Brisbane

Nine swimmers to train in Brisbane JAKARTA (JP): Nine national swimmers being groomed for the 20th Southeast Asian (SEA) Games in Brunei Darussalam in August will train in Brisbane, Australia, for five weeks beginning on June 4.

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Tue, 01 Jun 1999

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 31, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Tue, 01 Jun 1999

JP/Unfrel announces 9 guilty parties

Unfrel announces 9 guilty parties SEMARANG: The University Network for Free and Fair Elections (Unfrel) branch here announced on Monday that nine parties had violated election rules, with the Indonesian Democratic Party of Struggle (PDI Perjuangan) topping the list.

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Tue, 01 Jun 1999

JP/Today's Jakarta-Hong Kong flights on schedule

Today's Jakarta-Hong Kong flights on schedule JAKARTA (JP): Cathay Pacific said there would be no delay in its Jakarta-Hong Kong service on Tuesday despite the cancellation of its Indonesian flights on Monday.

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Tue, 01 Jun 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 7:00 Campaign Program 8:00 Children's Songs 8:30 Family's Program 9:00 Music 10:00 Interval 2:00 p.m.

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Tue, 01 Jun 1999

JP/School holiday break subdued during campaigns

School holiday break subdued during campaignsBy Stevie Emilia JAKARTA (JP): The long-awaited school holiday has come but this does not necessarily mean that students are free to play outside the house.

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Tue, 01 Jun 1999

JP/Protection of local banks necessary

Protection of local banks necessary In a poll of Asian executives conducted by The Far Eastern Economic Review (April 29, 1999), Indonesia was reported to be one of the countries which executives believed was an Asian economy which could not recover without an influx of foreign capital.

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Tue, 01 Jun 1999

JP/Inferior ink to be dumped before elections in Jakarta

Inferior ink to be dumped before elections in Jakarta JAKARTA (JP): Ink distributed to all Jakarta mayoralties to prevent cheating at the polls will be withdrawn and replaced with a more indelible type, the Jakarta election committee said.

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Tue, 01 Jun 1999

JP/Fear precedes PDI-P and Golkar campaign in Ambon

Fear precedes PDI-P and Golkar campaign in Ambon AMBON, Maluku (JP): The scheduled campaigning of two major rival parties -- the Indonesian Democratic Party of Struggle (PDI Perjuangan) and Golkar -- has raised security concerns in the riot-torn city.

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Tue, 01 Jun 1999

JP/Sorong gets new police chief

Sorong gets new police chief SORONG, Irian Jaya: Lt. Col. Charles Victor Sitorus was installed as the new chief of the Sorong Police on Monday, replacing Lt. Col. Tjiptono.The installation ceremony was led by Irian Jaya Police chief Brig. Gen. Hotman Siagian at the Hoki Kampung Baru soccer field.

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Tue, 01 Jun 1999

JP/Jambi hotel gets 4 stars

Jambi hotel gets 4 stars JAKARTA (JP): Jambi Tepian Ratu Hotel & Resort in Jambi, Sumatra, was recently awarded a four-star rating by the regional office of the Ministry of Tourism, Arts and Culture.

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Tue, 01 Jun 1999

JP/Conversion Rates

Conversion Rates Bank Bali's conversion rates on May 31, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Tue, 01 Jun 1999

JP/Don't write Golkar off

Don't write Golkar off Many political analysts have expressed second thoughts about Golkar's supposed slim chance in next week's elections.

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Tue, 01 Jun 1999

JP/Market analysts skeptical about government bonds

Market analysts skeptical about government bonds JAKARTA (JP): The Rp 103.83 trillion (US$12.82 billion) worth of government bonds issued last week are unlikely to receive a good response from foreign investors when they are launched in the secondary market next year, according to local analysts.

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Tue, 01 Jun 1999

JP/Global capital gets government scrutiny

Global capital gets government scrutinyBy Christopher Lingle HONG KONG (JP): A new attitude is gaining momentum among public officials that involves considerable distrust for private sector actions in financial markets.

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Tue, 01 Jun 1999

JP/Campaign enthusiasts cite faith, family and fees

Campaign enthusiasts cite faith, family and feesBy Tanra Alam, Israr Ardiansyah and Asip Agus Hasani JAKARTA (JP): Scholars have deplored the lack of political education in the campaign season this year, saying that old tricks are being used to court the support of the masses.

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Tue, 01 Jun 1999

JP/Police shoot two alleged gun dealers

Police shoot two alleged gun dealers JAKARTA (JP): Police shot two men for resisting arrest after they tried to sell guns to a plainclothes detective in Kebayoran Lama, South Jakarta, on Monday afternoon.

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Tue, 01 Jun 1999

JP/PKB turns Surabaya green

PKB turns Surabaya green SURABAYA: The National Awakening Party (PKB) concluded its campaign sessions here on Monday by turning the capital of East Java into a sea of green with thousands of supporters roaming the streets on all sorts of vehicles.

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Tue, 01 Jun 1999

JP/Aceh polls on target: Wiranto

Aceh polls on target: Wiranto JAKARTA (JP): Minister of Defense/Indonesian Military (TNI) Commander Gen.

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Tue, 01 Jun 1999

JP/Indonesia approves UN plan on unarmed troops in East Timor

Indonesia approves UN plan on unarmed troops in East Timor JAKARTA (JP): Indonesia has approved a UN request to employ unarmed foreign military personnel to monitor the activities of Indonesian soldiers ahead of the UN-organized direct ballot in East Timor, Minister of Defense and Security Gen.

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Tue, 01 Jun 1999

JP/Acehnese flee to Banda Aceh due to fear of raids

Acehnese flee to Banda Aceh due to fear of raids JAKARTA (JP): Throngs of people from three regencies in Aceh have flooded into the provincial capital of Banda Aceh to seek shelter, following mounting tension in their hometowns as the military steps up operations against separatists, Antara ...

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