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

Tue, 20 Jun 2000

JP/Conversion Rates

Conversion RatesBank Indonesia's conversion rates on June 19, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,115.00 9,115.

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Tue, 20 Jun 2000

JP/Beijing Plus Five makes no progress

Beijing Plus Five makes no progressBy Debra H. Yatim NEW YORK (JP): The United Nations Headquarters, surrounding grounds, and adjoining building have quietened down. The array of women in their colorful headdresses and glorious national costumes have disappeared.

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Tue, 20 Jun 2000

JP/Foreign embassies join carriage festival

Foreign embassies join carriage festival JAKARTA (JP): The embassies of Japan, Britain and Mexico in Jakarta will take part in a festival that features a parade of horse-drawn carriages in Jakarta on Sunday morning, the organizers said on Monday.

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Tue, 20 Jun 2000

JP/Soeharto family may change stance on swap deal: Mediator

Soeharto family may change stance on swap deal: Mediator BANDUNG (JP): The ongoing talks to recoup any state assets allegedly amassed by former president Soeharto may falter due to public discourse and controversy over them, a government mediator said here on Monday.

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Tue, 20 Jun 2000

JP/Fired Aceh governor declines Bappenas job

Fired Aceh governor declines Bappenas job BANDA ACEH, Aceh (JP): The outgoing Aceh governor Syamsuddin Mahmud lashed out on Monday at President Abdurrahman Wahid for unseating him for unclear reasons.

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Tue, 20 Jun 2000

JP/RI worst in 'corporate governance': Survey

RI worst in 'corporate governance': Survey AKARTA (JP): Indonesia has been rated as practicing the worst quality of corporate governance among six Asian countries, according to a survey by an international consulting firm.

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Tue, 20 Jun 2000

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on June 19, 2000: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo ...

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Tue, 20 Jun 2000

JP/Thousands receive free health aid

Thousands receive free health aid TANGERANG (JP): More than 5,000 needy residents of the northern coastal area of Tangerang received two days of free medical treatment, sponsored by a Buddhist foundation during the weekend.

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Tue, 20 Jun 2000

JP/Pick of the Flicks (for Tuesday, June 20, 2000)

Pick of the Flicks (for Tuesday, June 20, 2000)Hollywood KC Mission Impossible 2 14:15 16:55 19:05 21:15 Perfumed Garden 14:55 17:35 19:45 21:55 Hide and Seek 14:15 16:55 19:05 21:15 Gunshy 14:55 17:35 19:45 ...

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Tue, 20 Jun 2000

JP/Economists wary of Korean summit rewards

Economists wary of Korean summit rewardsBy Alan Wheatley SEOUL (Reuters): Living up to their name as practitioners of the dismal science, economists are pouring cold water on the idea that last week's landmark summit between North and South Korea will lead to an overnight economic bonanza.

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Tue, 20 Jun 2000

JP/Lippo Cikarang gets ISO

Lippo Cikarang gets ISO JAKARTA (JP): Real estate developer Lippo Cikarang received on Monday an ISO-9001 certificate for its housing development management system from Kema Registered Quality.

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Tue, 20 Jun 2000

JP/Tjiwi Kimia, Indah Kiat expect stronger profit this year

Tjiwi Kimia, Indah Kiat expect stronger profit this year JAKARTA (JP): Publicly listed PT Indah Kiat Pulp and Paper and PT Tjiwi Kimia expect stronger profits this year on the back of higher sales revenues.

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Tue, 20 Jun 2000

JP/Traditions of 'Cina Benteng' still alive, well in Tangerang

Traditions of 'Cina Benteng' still alive, well in Tangerang TANGERANG (JP): Those who consider Chinese Indonesians identical to middle and upper-class society would be surprised to learn that much of the ethnic group lives in several suburban areas of Tangerang.

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Tue, 20 Jun 2000

JP/Regional autonomy abused to take levies, says Ryaas

Regional autonomy abused to take levies, says Ryaas JAKARTA (JP): The Regional Autonomy Law, No. 22/1999, has been exploited by certain governors, regents and mayors to take illegal levies from foreign investors, a minister claimed on Monday.

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Tue, 20 Jun 2000

JP/BPIS wants to keep IPTN, Inti and Barata

BPIS wants to keep IPTN, Inti and Barata JAKARTA (JP): PT Bahana Pakarya Industri Strategis (BPIS) urged the government on Monday to convert nearly Rp 2.5 trillion ($294 million) of debts jointly owed by three of its subsidiaries into equity participation to keep them in Indonesian hands.

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Tue, 20 Jun 2000

JP/Bogus auto oil filters seized

Bogus auto oil filters seized JAKARTA (JP): Police have arrested a man for trading thousands of cheap auto oil filters which he labeled with six well-known brands to raise the price, an official said on Sunday.Jakarta Police detectives chief Col.

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Tue, 20 Jun 2000

JP/Bulog scandal is criminal case despite fund return: Police

Bulog scandal is criminal case despite fund return: Police JAKARTA (JP): A Cabinet minister, a senior police officer and several experts have said the State Logistics Agency's (Bulog) Rp 35 billion scandal is a criminal case, not a civil one, although most of the suspected parties involved have ...

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Tue, 20 Jun 2000

JP/West Kalimantan orangutans in great danger

West Kalimantan orangutans in great danger KETAPANG, West Kalimantan (JP): When you are in the area of Gunung Palung National Park, you must be impressed by the presence of its orangutans (Pongo pygmaeus), billed as the world's largest and healthiest.

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Tue, 20 Jun 2000

JP/Astaga!com launches WAP

Astaga!com launches WAP JAKARTA (JP): News portal Astaga!com announced on Monday its new wireless application protocol (WAP)-based facility, Astaga!WAP, to allow customers access certain information on the Internet through their mobile telephones.

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Tue, 20 Jun 2000

JP/Mt. Palung, haven for ecotourists in peril

Mt. Palung, haven for ecotourists in perilBy Edi Petebang KETAPANG, West Kalimantan (JP): If you are fond of ecotourism, National Park Gunung (Mount) Palung is a haven.

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Tue, 20 Jun 2000

JP/Cautious optimism

Cautious optimism Next Sunday marks the 50th anniversary of the start of the Korean War, a date that may be noted with as much confusion as solemnity. Thanks to last week's Pyongyang summit, no one is quite certain what to expect next on the divided peninsula.

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Tue, 20 Jun 2000

JP/Bricks-and-clicks firms to rule digital age

Bricks-and-clicks firms to rule digital ageBy Bob Ng SINGAPORE: The person who popularized the terms "old economy'' and "new economy'' has done the world a great disservice.

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Tue, 20 Jun 2000

JP/City Police get new chief detective

City Police get new chief detective JAKARTA (JP): Jakarta Police chief Maj. Gen. Nurfaizi appointed Col. Harry Montolalu as the new chief detective on Monday, replacing Col. Alex Bambang Riatmodjo, who has been promoted to Bandung Police chief in West Java.

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Tue, 20 Jun 2000

JP/Amien vows to tone down criticism against govt

Amien vows to tone down criticism against govt DENPASAR, Bali (JP): Amien Rais, famous for his argumentative tendencies, has pledged to tone down his criticism of the government and remain quiet for a year after the August general session of the People's Consultative Assembly.

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Tue, 20 Jun 2000

JP/PKB angered over Gus Dur health row

PKB angered over Gus Dur health row JAKARTA (JP): The National Awakening Party (PKB) described on Monday calls for a physical and mental health examination of party co-founder President Abdurrahman "Gus Dur" Wahid as defamation against him.

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Tue, 20 Jun 2000

JP/Is there anyone not tempted by sweet melons?

Is there anyone not tempted by sweet melons?By Antariksawan Jusuf JAKARTA (JP): You may have never been to Java's easternmost area of Banyuwangi but if you have tasted juicy sweet local watermelon, you most probably have consumed the products from that regency, known popularly as the land of the ...

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Tue, 20 Jun 2000

JP/Warsaw holds a major democracy meet

Warsaw holds a major democracy meetBy Pierre-Antoine Donnet WARSAW (AFP): Poland, backed by a decade of post-communist freedom, will host an unprecedented conference of 100 countries here next week on the theme of democracy and how to make it work.

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Tue, 20 Jun 2000

JP/Govt 'tried to save' Warni's life

Govt 'tried to save' Warni's life JAKARTA (JP): Minister of Manpower Bomer Pasaribu said the government did all it could to save the life of Indonesian maid Warni, who was beheaded in Saudi Arabia on Monday.

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Tue, 20 Jun 2000

JP/Forex reserves decline

Forex reserves decline JAKARTA (JP): Bank Indonesia said on Monday that Indonesia's international reserve and foreign currency liquidity, previously known as the foreign exchange reserve, fell by US$156.2 million in the second week of June to $27.24 billion from the level in the previous week.

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Tue, 20 Jun 2000

JP/Electronic mapping of Strait of Malacca begins

Electronic mapping of Strait of Malacca begins JAKARTA (JP): The Indonesian Navy together with its counterparts and experts from Malaysia, Singapore and Japan began discussions on Monday to finalize the electronic mapping of the Strait of Malacca.

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Tue, 20 Jun 2000

JP/One dies, nine injured over ancestral land

One dies, nine injured over ancestral land SURABAYA: One person died and nine were injured during a clash between Police and demonstrators in front of clove plantation company PT Perkebunan Cengkih Branggah Banaran, Coko subdistrict, Blitar, some 130 kilometers southwest of here.

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Tue, 20 Jun 2000

JP/Where to go in Bandung for Tuesday, June 20, 2000

Where to go in Bandung for Tuesday, June 20, 2000Performances* Theater: Les Porteurs D'Eau, organized by CCF - French Cultural Center (Phone 4212417), at Taman Budaya Jawa Barat, 8 p.m., June 22. * Theater: Ura-Ura Ngudarasa, by Studio Taksu Solo, at CCF - French Cultural Center, Jl.

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Tue, 20 Jun 2000

JP/Muslims venture warily back to Srebrenica

Muslims venture warily back to SrebrenicaBy Daria Sito-Sucic SREBRENICA, Bosnia (Reuters): Five years after Bosnian Serb forces massacred thousands of Muslim men in Srebrenica, hardly any Bosnian Muslim refugees have dared go back home there.

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Tue, 20 Jun 2000

JP/On fortune

On fortune Referring to Mr. Djuana's letter Fortune by good luck (The Jakarta Post, June 18, 2000), as an indigenous person, I do not believe and have never heard about the Chinese saying.

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Tue, 20 Jun 2000

JP/Purwokerto best in antidengue movement

Purwokerto best in antidengue movement JAKARTA (JP): Purwokerto, a small town in Central Java, has acquired the world's recognition in health care for its success in preventing and controlling the epidemic of dengue fever through a community participation program.

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Tue, 20 Jun 2000

JP/Oil price surge leaves Asian energy sector gasping

Oil price surge leaves Asian energy sector gaspingBy Nick Edwards HONG KONG (Reuters): Oil prices may be nudging nine-year highs, but Asian energy sector assets have lagged the rally, ignored by investors who are focused instead on the risks soaring crude costs pose to the gradually recovering ...

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Tue, 20 Jun 2000

JP/Questioning the President's health

Questioning the President's health The more President Abdurrahman Wahid makes controversial statements, the more people question his health. Some people even see it as part of a plot to overthrow him.

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Tue, 20 Jun 2000

JP/A growing hazard

A growing hazard To smoke or not to smoke? A preposterous question to ask, one might say, considering that 6.5 million people die each year in Indonesia due to tobacco-related illnesses according to a 1995 socioeconomic census.

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Tue, 20 Jun 2000

JP/Rates for tax payment, valid from June 19 to June 25

Rates for tax payment, valid from June 19 to June 25 U.S. dollar 1 Rp 8,490.00Austrian schilling 1 588.12Australian dollar 1 5,017.59Belgian franc 1 200.61Canadian dollar 1 5,749.70Swiss franc 1 5,185.

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Tue, 20 Jun 2000

JP/Tamaela offers words of wisdom to successor

Tamaela offers words of wisdom to successor AMBON, Maluku (JP): Outgoing Pattimura Military Commander overseeing Maluku Brig. Gen.

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Tue, 20 Jun 2000

JP/Tommy has no plan to quit Timor car

Tommy has no plan to quit Timor car JAKARTA (JP): Former president Soeharto's youngest son Hutomo Mandala Putra will maintain his ownership of Putra Nasional (TPN) despite the demand made by Kia Motor, his Korean partner, to remove him from the debt-laden car company, his aid, Suharto, said here ...

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Tue, 20 Jun 2000

JP/Fishermen get Rp18b oil spill money

Fishermen get Rp18b oil spill money CILACAP, Central Java: The Cilacap branch of the Indonesian Fishermen Association (HNSI) has received some Rp 18 billion in compensation due to damages caused by an oil leak from MT King Fisher oil tanker.

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Tue, 20 Jun 2000

JP/Team set up to monitor drug-linked footballers

Team set up to monitor drug-linked footballers JAKARTA (JP): The Soccer Association of Indonesia (PSSI) chairman Agum Gumelar announced Monday that the organization would set up a special team to observe three players, who allegedly used drugs.

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Tue, 20 Jun 2000

JP/PKB wants compromise over spat on communism

PKB wants compromise over spat on communism JAKARTA (JP): The National Awakening Party (PKB) Faction in the People's Consultative Assembly (MPR) is proposing a compromise in the heated debate over communism by allowing such teachings in academic circles but not the growth of communist political ...

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Tue, 20 Jun 2000

JP/Dressing down at McDonald's

Dressing down at McDonald's It was after midnight at around 1 a.m. on June 3, 2000 at McDonald's restaurant in Sarinah building on Jl. M.H. Thamrin.

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Tue, 20 Jun 2000

JP/Overloaded prison in Bekasi remains tense after riot

Overloaded prison in Bekasi remains tense after riot BEKASI (JP): Bulak Kapal Penitentiary in Bekasi remained tense on Monday following a riot the previous night in the overloaded prison.Prison guards are allowing no one, including families of prisoners, to visit.

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Tue, 20 Jun 2000

JP/PON opens with call to maintain national unity

PON opens with call to maintain national unityBy Ivy Susanti and Ainur R. Sophiaan SURABAYA (JP): Vice President Megawati Soekarnoputri opened the 15th National Games (PON) at the Delta stadium in Sidoarjo, some 20 kilometers south of here, on Monday with a strong call to maintain unity.

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Tue, 20 Jun 2000

JP/Investment types on islands limited

Investment types on islands limited JAKARTA (JP): Minister of Maritime Exploration Sarwono Kusumaatmadja proposed on Monday to limit investments in small islands to activities that take into account the islands' ecological and social environment.

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Tue, 20 Jun 2000

JP/SCB's service

SCB's service Standard Chartered Bank (SCB) is not professional. I have a fixed deposit at SCB and I was therefore offered a visa credit card as part of an SCB marketing program called "All in One", where customers who have savings at SCB were offered a credit card as an added bonus, free of any ...

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Tue, 20 Jun 2000

JP/Mass violence wrecks psyche of the nation

Mass violence wrecks psyche of the nationBy Mochtar Buchori JAKARTA (JP): This month's edition of Scientific American magazine contains an article by Richard F. Mollica describing the social effects of mass violence.

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Tue, 20 Jun 2000

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 Music 9:00 Interval 2:00 p.m.

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