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

Mon, 11 Jan 1999

JP/Subdued trading in local stock market expected

Subdued trading in local stock market expected JAKARTA (JP): Stock trading is likely to be subdued again this week, despite signs of recovery emerging before the markets closed last week.

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Mon, 11 Jan 1999

JP/McDonald's closes 30 outlets

McDonald's closes 30 outlets JAKARTA (JP): McDonald's Indonesia closed 30 of its 101 outlets nationwide in 1998 due to the economic crisis and widespread rioting.Company president Bambang H.

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Mon, 11 Jan 1999

JP/Tribal war halted by delivery of trucks for road construction

Tribal war halted by delivery of trucks for road construction PUNCAK JAYA, Irian Jaya (JP): Residents of an isolated district here on Friday halted all activities, including an ongoing tribal war, to marvel at motorcycles, trucks and heavy equipment being transported by helicopters to their area.

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Mon, 11 Jan 1999

JP/Obituary

Obituary Senior journalist Ani Idrus died of old age on Saturday at Gleneagles Hospital in the North Sumatra capital of Medan, two weeks after she had lapsed into a coma. She was 80.Born in the West Sumatra regency of Sawah Lunto on Nov. 25, 1919, Ani passed away at about 9.30 p.m.

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Mon, 11 Jan 1999

JP/More vendors netted at airport

More vendors netted at airport TANGERANG (JP): Authorities at Soekarno-Hatta International Airport here netted 533 illegal vendors, 241 illegal perfume sellers and 12 illegal currency traders at the airport between August and November last year, an official said.

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Mon, 11 Jan 1999

JP/Another case of vandalism hits Tangerang village

Another case of vandalism hits Tangerang village TANGERANG (JP): Another case of vandalism against the property of a village head occurred on Saturday night, two days after a similar attack in a different village.

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Mon, 11 Jan 1999

JP/Drivers along Kali Mati continue dispute

Drivers along Kali Mati continue dispute JAKARTA (JP): Drivers of the M-39 minivans plying the Kota- Pademangan-Senen route went on strike on Sunday, asking the authorities to ban becaks (pedicabs) from the route to prevent further clashes, an official said.

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Mon, 11 Jan 1999

JP/RI needs new political system

RI needs new political systemBy Robert Walker AMLAPURA, Bali (JP): Many reasons have been put forward over the last few months to explain why Indonesia has got itself into its present mess.

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Mon, 11 Jan 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 TV Series 8:00 Music 8:30 Talk Show: Kesejahteraan Keluarga 9:00 Music 9:30 Interval 2:00 p.m.

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Mon, 11 Jan 1999

JP/Motorbike thief beaten to death

Motorbike thief beaten to death TANGERANG (JP): A man was beaten to death by angry residents after allegedly being caught attempting to steal a motorcycle from an ojek (motorcycle taxi) driver in Nagrak village, Jatiuwung district, on Friday morning.

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Mon, 11 Jan 1999

JP/Have fun learning to play the guitar with Guitropolis

Have fun learning to play the guitar with GuitropolisBy Zatni Arbi JAKARTA (JP): Is there anything that we cannot learn with the help of the computer? Of course there are still a lot of things that we cannot achieve with a PC or a Mac, but the list is getting shorter rather than longer every day.

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Mon, 11 Jan 1999

JP/Business slows for Jakarta's car dealers

Business slows for Jakarta's car dealers JAKARTA (JP): Car dealers have been puzzled by the sharply rising number of people intending to sell their cars, especially the luxurious ones, but at the same time are faced with scarcity of buyers.Contacted separately on Saturday, dealers along Jl.

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Mon, 11 Jan 1999

JP/Possibility of abuse of new bank ruling

Possibility of abuse of new bank ruling JAKARTA (JP): Experts warned Bank Indonesia (BI) of the possible manipulation of the newly loosened legal lending limit by cash-strapped business groups seeking to obtain money to recapitalize their banking operations.

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Mon, 11 Jan 1999

JP/More bodies of landslide victims recovered

More bodies of landslide victims recovered JAKARTA (JP): Four more bodies were shoveled out of the mud from two separate landslide incidents in Gianyar, Bali and Garut, West Java, officials reported on Sunday.

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Mon, 11 Jan 1999

JP/Rubber exports bounce past La Nina

Rubber exports bounce past La NinaBy Sylvia Gratia M.N. JAKARTA (JP): Indonesia's rubber exports will increase by at least five percent to 1.61 million metric tons this year from 1.53 million tons in 1998, according to Indonesian Rubber Association (Gapkindo) estimates.

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Mon, 11 Jan 1999

JP/Soldiers, police caught gambling

Soldiers, police caught gambling YOGYAKARTA: A commander of a military precinct and three other soldiers were caught gambling along with an administrative official, a police officer and three residents, Antara reported Saturday.

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Mon, 11 Jan 1999

JP/Police secretary killed in house fire

Police secretary killed in house fire MEDAN, North Sumatra: The secretary to the North Sumatra police chief and her mother were killed Saturday in their home in a fire apparently caused by an exploding gas stove.Second Sgt.

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Mon, 11 Jan 1999

JP/Sand mining firms told to renew licenses

Sand mining firms told to renew licenses JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has given sand quarrying companies off Batam Island until June 6 this year to renew their licenses.

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Mon, 11 Jan 1999

JP/The future of the euro

The future of the euro In Europe's financial centres this week, the euro has made a suave entry. That by no means assures future success. On the streets, euro-11 citizens are being exhorted by jubilant politicians and glossy brochures to revel in a "new era for Europe.

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Mon, 11 Jan 1999

JP/Demonstrations

DemonstrationsCorrection: In the first paragraph of the letter "Do we have to have demonstrations?" on Jan. 9, it is written: "... Students everywhere have chosen to hold demonstrations during this period." This sentence should have read: "...

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Mon, 11 Jan 1999

JP/Village chief tortured to death

Village chief tortured to death IPUH, Bengkulu: Hundreds of Makmur Java villagers in North Bengkulu ran amok and tortured to death village chief Syamsul Jakfar, police said.North Bengkulu police precinct chief Lt. Col.

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Mon, 11 Jan 1999

JP/Megawati warns of outburst of anger over unfair election

Megawati warns of outburst of anger over unfair election JAKARTA (JP): Megawati Soekarnoputri warned on Sunday of possible outbursts of popular anger if the June 7 general election failed to proceed freely and fairly.

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Mon, 11 Jan 1999

JP/Employees of Taman Mini go on strike over bonus

Employees of Taman Mini go on strike over bonus JAKARTA (JP): Some 800 employees of the 900-strong workforce of Taman Mini Indonesia Indah (the Beautiful Indonesia in Miniature Park) in East Jakarta went on strike on Sunday to press their demands for a raise in their annual Idul Fitri allowance.

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Mon, 11 Jan 1999

JP/Contracts for Natuna gas fields to be extended

Contracts for Natuna gas fields to be extended JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said the government would extend production sharing contracts (PSCs) on gas fields west of Natuna island to allow contractors to earn more revenue from the sale of gas to Singapore.

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Mon, 11 Jan 1999

JP/Golkar shifts stance in political bills debate

Golkar shifts stance in political bills debate JAKARTA (JP): The debate on whether Indonesia's 4.1 million public servants should be allowed a political role has entered a new phase with the dominant Golkar functional group showing signs of relenting.

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Mon, 11 Jan 1999

JP/Investors agree to reduce value of 'marked up' roads

Investors agree to reduce value of 'marked up' roads YOGYAKARTA (JP): Investors in 21 troubled toll road projects have agreed to lessen the projects values and shorten the concession periods following allegations that the contracts were obtained from the government through corruption, collusion ...

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Mon, 11 Jan 1999

JP/Marine clay exports denied

Marine clay exports denied We refer to your article "Plans to import discarded Singaporean clay questioned" on Dec. 28, 1998.

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Mon, 11 Jan 1999

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: Dari Lengser Sampai Semanggi, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta (Phone: 3458771), 11:30 a.m. to 7:30 p.m., until Jan. 14.

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Mon, 11 Jan 1999

JP/Jakarta starts seeing exodus as Idul Fitri holiday nears

Jakarta starts seeing exodus as Idul Fitri holiday nears JAKARTA (JP): Despite the monetary crisis, thousands of people carrying overloaded bags flocked to the city's major bus terminals and train stations on Sunday for the ritual Idul Fitri exodus.

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Mon, 11 Jan 1999

JP/Guard stabbed while defending bonuses

Guard stabbed while defending bonuses TANGERANG (JP): A security guard at footwear manufacturer PT Starwin in the Cikupa district here was seriously injured after being attacked by six armed robbers in the early hours of Saturday.

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Mon, 11 Jan 1999

JP/Bogor students plan new rally

Bogor students plan new rally JAKARTA (JP): Students in Bogor pledged to stage fresh rallies shortly after the Idul Fitri holiday, promising the rallies would not be marred by violence.

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Mon, 11 Jan 1999

JP/Our ailing society

Our ailing society Our society appears to be ailing. The advent of the information revolution has not made people more discerning in selecting information, rather it has made them more prone to act on hearsay. Rumors that contradict common sense are easily swallowed.

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Mon, 11 Jan 1999

JP/Tea producers predict another gloomy year

Tea producers predict another gloomy year JAKARTA (JP): Local tea producers have predicted another gloomy outlook this year as overwhelming supply in the world market would continue to depress tea prices.

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Mon, 11 Jan 1999

JP/Legislators abducted over election

Legislators abducted over election MATARAM, West Nusa Tenggara: Around 300 people on Saturday dragged 11 councilors out of a session of the West Lombok legislative council and forced them to deliver to Governor Harun Al Rasjid their objection to the government's list of candidates for regent.

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Mon, 11 Jan 1999

JP/Riddles solved

Riddles solved As I stared at the harbor lights -- the stars were invisible -- moments before the world entered 1999 -- I believed I had the answers to some of the riddles confronting the nation today.First, there is the hunt for the treasures of former president Soeharto.

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Mon, 11 Jan 1999

JP/Ramadhan time for Jakarta

Ramadhan time for JakartaMonday Maghrib 6:16 p.m.Tuesday Imsak 4:15 a.m. Subuh 4.25 a.m.

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Mon, 11 Jan 1999

JP/Hardship 'driving people to violence'

Hardship 'driving people to violence' JAKARTA (JP): Economic hardships have driven people to such desperation that many are ignoring the Ramadhan fasting month tenet of self-control, scholars agreed on Saturday.

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Mon, 11 Jan 1999

JP/Comics

Comics Due to delivery problems we regret to announce that we cannot publish Peanuts and Rose is Rose until further notice.

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Mon, 11 Jan 1999

JP/How neutral is 'neutral'?

How neutral is 'neutral'? "Neutrality" in Indonesian politics has meant anything but neutral, just like our "democracy" is not really democratic. This has been the case throughout the 32 years of the New Order regime.

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Mon, 11 Jan 1999

JP/Minister's decision upsets Golkar boss Akbar Tandjung

Minister's decision upsets Golkar boss Akbar Tandjung JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono was in disagreement with Golkar chairman Akbar Tandjung on Saturday when he reiterated his decision not to campaign for Golkar in this year's general election.

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Mon, 11 Jan 1999

JP/Israeli election dubbed 'The War of Smears'

Israeli election dubbed 'The War of Smears'By Jeffrey Heller JERUSALEM (Reuters): The gloves are off just days into an election campaign in Israel that is shaping into a four-month slugfest.

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Mon, 11 Jan 1999

JP/Expatriates operating illegal businesses in Jepara

Expatriates operating illegal businesses in Jepara JAKARTA (JP): The Ministry of Manpower will take measures against more than 170 expatriates who are operating their businesses illegally in the Central Java town of Jepara.

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Mon, 11 Jan 1999

JP/Quarantine office head removed for bribery

Quarantine office head removed for bribery JAKARTA (JP): Minister of Justice Muladi has temporarily removed the acting head of the city's immigration quarantine office from his post for allegedly receiving a Rp 40 million bribe in exchange for the release of two foreigners, an official said.

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Mon, 11 Jan 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: Rush Hour 14:45 16:55 19:05 21:15 Best Men 14:55 17:35 19:45 21:55 Saving Private Ryan 13:00 16:20 19:40 Kuch-Kuch Hota Hai 13:45 17:05 20:25 Ever After 14:15 16:55 19:05 21:15 Rush Hours ...

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Mon, 11 Jan 1999

JP/Govt set to repeal subversion law

Govt set to repeal subversion law JAKARTA (JP): The government is scheduled to repeal the Subversion Law next week in response to fierce public criticism and in order to bring the Criminal Code into accordance with the recently approved anti-torture convention.

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