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

Fri, 20 Jun 2003

JP/Level 42 relives glory days of the 80's

Level 42 relives glory days of the 80'sM. Taufiqurrahman, The Jakarta Post, Jakarta The 80s is not always strange hairdos and half-baked music from mediocre performers like Debbie Gibson or Motley Crue.

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Fri, 20 Jun 2003

JP/'People only think about money, and not others'

'People only think about money, and not others' Many lavish festivities are underway to mark the 476th anniversary of Jakarta, but real life is far removed from the glamor, as there are so many problems facing the city and its residents.

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Fri, 20 Jun 2003

JP/Supervising financial services

Supervising financial services The Manila-based Asian Development Bank (ADB) threw its weight behind the Indonesian government's initiative to establish an independent financial service supervisory authority (FSSA), asserting on Tuesday that the size of its future loan disbursements to the ...

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Fri, 20 Jun 2003

JP/13 countries to join Thamrin-Samsung Cup

13 countries to join Thamrin-Samsung CupThe Jakarta Post, Jakarta A total of 372 players from 13 countries are confirmed to take part in the 2003 Thamrin-Samsung Cup, which will be upgraded to a Group 4-level international tennis tournament from last year's Group 5.

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Fri, 20 Jun 2003

JP/Director arrested for power theft

Director arrested for power theft TANGERANG: The police arrested the director of Cikokol main vegetable market, H. Memet, and one of his staff members, Kinong, on Thursday for allegedly organizing the theft of electricity for hundreds of vegetable vendors at the market.

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Fri, 20 Jun 2003

JP/City officials accused of colluding with tax evaders

City officials accused of colluding with tax evadersBambang Nurbianto, The Jakarta Post, Jakarta The Jakarta administration accused on Thursday officials at the City Revenue Agency of colluding with the managements of the Sahid Jaya Hotel and the Gran Mahakam Hotel, both of which have failed to ...

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Fri, 20 Jun 2003

JP/Investors complain over 'biased' reporting on RI

Investors complain over 'biased' reporting on RIA'an Suryana, The Jakarta Post, Jakarta Several investors have complained about the biased coverage on Indonesia by both local and foreign media, saying that the tarnished image of the country caused by the negative reporting had contributed to the ...

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Fri, 20 Jun 2003

JP/Akbar snubbed by press after scuffle

Akbar snubbed by press after scuffle MANADO, North Sulawesi: Local reporters have decided to band together and boycott all of Golkar Party chairman Akbar Tandjung's activities and media events during his three-day visit to the province after some unnecessary roughness by Golkar heavies on ...

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Fri, 20 Jun 2003

JP/The early fruits of faster free trade

The early fruits of faster free tradeChina Daily, Asia News Network, Beijing To fulfill their commitments to the establishment of a China- ASEAN free-trade area, China and Thailand are set to sign a tariff reduction agreement in Beijing today.

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Fri, 20 Jun 2003

JP/Opening day of LG Cup marred by protests, disputes

Opening day of LG Cup marred by protests, disputesMusthofid, The Jakarta Post, Jakarta Protests over match scoring and claims of participation legitimacy marred the opening day of the LG Cup, a national tae kwon do championship, at the Senayan sports complex here on Thursday.

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Fri, 20 Jun 2003

JP/House to probe irregularities in Sukhoi deal

House to probe irregularities in Sukhoi dealKurniawan Hari, The Jakarta Post, Jakarta The House of Representatives will set up a special team to investigate the alleged irregularities in the recent purchase of Russian Sukhoi jet fighters and helicopters, a deal worth US$192.

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Fri, 20 Jun 2003

JP/Komnas HAM's accountability

Komnas HAM's accountability An intense row has recently developed between the Indonesia Military (TNI) and the Indonesian National Commission on Human Rights (Komnas HAM) over the latter's discovery of a mass grave in Aceh.

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Fri, 20 Jun 2003

JP/Indonesian visitors to HK drops by 89 percent

Indonesian visitors to HK drops by 89 percent JAKARTA: The number of Indonesian visitors to Hong Kong has declined by 89 percent due to the Severe Acute Respiratory Syndrome (SARS) outbreak.

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Fri, 20 Jun 2003

JP/JakArt@2003 hits shopping malls across the city

JakArt@2003 hits shopping malls across the cityArya Abhiseka, The Jakarta Post, Jakarta Ask anyone here what she or he would prefer to do: a) go to a shopping mall or b) watch a dance performance. It is likely that the answer would be a).

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Fri, 20 Jun 2003

JP/Mega to inaugurate new industrial estates on Batam

Mega to inaugurate new industrial estates on BatamFadli, The Jakarta Post, Batam/Jakarta President Megawati Soekarnoputri is expected to inaugurate four new industrial complexes on Batam next month, which will cover a combined area of 700 hectares and accomodate up to 30 foreign companies from ...

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Fri, 20 Jun 2003

JP/House to use recess to debate crucial bill

House to use recess to debate crucial billKurniawan Hari, The Jakarta Post, Jakarta The House of Representatives has expressed optimism that it will endorse the bill on the constitutional court on time to meet the deadline set by the amended Constitution.

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Fri, 20 Jun 2003

JP/Akbar snubbed by press after scuffle

Akbar snubbed by press after scuffle MANADO, North Sulawesi: Local reporters have decided to band together and boycott all of Golkar Party chairman Akbar Tandjung's activities and media events during his three-day visit to the province after some unnecessary roughness by Golkar heavies on ...

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Fri, 20 Jun 2003

JP/Govt plans rewards in poverty fight

Govt plans rewards in poverty fightDadan Wijaksana, The Jakarta Post, Jakarta In an attempt to accelerate poverty alleviation programs, Minister of Finance Boediono has proposed a scheme that will reward regions with good records in fighting poverty with grants from the central government.

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Fri, 20 Jun 2003

JP/Govt invites liners as 'strategic partners' in seaport

Govt invites liners as 'strategic partners' in seaportThe Jakarta Post JakartaAfter failing to entice investors in the planned Bojonegara seaport in Banten, the government has decided to build the port itself and then invite shipping liners to invest in the seaport's terminals.

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Fri, 20 Jun 2003

JP/House to use recess to deliberate crucial bill

House to use recess to deliberate crucial billKurniawan Hari The Jakarta Post JakartaThe House of Representatives has expressed optimism that it will endorse the bill on the constitutional court on time to meet the deadline set by the amended Constitution.

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Fri, 20 Jun 2003

JP/Government seeks access to Indonesians detained in RP

Government seeks access to Indonesians detained in RPFabiola Desy Unidjaja, The Jakarta Post, Phnom Penh Indonesia is seeking access to four Indonesian men arrested in General Santos city on the island of Mindanao for carrying explosives, as the Philippine authorities are trying to ...

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Fri, 20 Jun 2003

JP/Australia's defense policy on terorism, SE Asia

Australia's defense policy on terorism, SE AsiaPeter La Franchi, 'Asia-Pacific Defence Reporter', New South Wales, Australia A new strategic assessment issued by the Australian Government has identified the Middle East and North Asia as regions of high strategic importance in its national ...

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Fri, 20 Jun 2003

JP/House won't okay use of budget to cover jet deal

House won't okay use of budget to cover jet dealAdianto P. Simamora, The Jakarta Post, Jakarta The House of Representatives will not approve the use of the state budget to reimburse the State Logistics Company (Bulog) for the US$26 million down payment for Russian-made jet fighters ...

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Fri, 20 Jun 2003

JP/Aceh: Remedial or restored-independence secession?

Aceh: Remedial or restored-independence secession?Kusnanto Anggoro Senior Researcher Centre for Strategic and International Studies (CSIS) Jakarta The Free Aceh Movement (GAM) is committed to achieving independence by political means, through diplomacy and international law.

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Fri, 20 Jun 2003

JP/E. Nusa Tenggara legislators elect Tallo as governor

E. Nusa Tenggara legislators elect Tallo as governorYemris Fointuna and Apriadi Gunawan, The Jakarta Post, Kupang/Medan Piet A. Tallo and Frans Lebu Raya were elected as the East Nusa Tenggara governor and deputy governor for the 2003-2008 period in the provincial capital of Kupang on Thursday.

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Fri, 20 Jun 2003

JP/Surabaya hosts NU youth congress

Surabaya hosts NU youth congress SURABAYA: The 13th Nahdlatul Ulama Youths Association (IPPNU) Congress was officially opened by Vice President Hamzah Haz at the Haj boarding school in Surabaya on Thursday. It will last until Sunday.

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Fri, 20 Jun 2003

JP/Rights activists fleeing Aceh to avoid arrests

Rights activists fleeing Aceh to avoid arrestsThe Jakarta Post, Banda Aceh/Jakarta Leading the life of a human rights activist working in war-torn Aceh is obviously not something that everyone is cut out for.

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Fri, 20 Jun 2003

JP/'Missing Briton's lover had drug record'

'Missing Briton's lover had drug record'Wahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali The Bali Police remain unable to obtain significant clues to locate British aid worker Kate Osborne, 35, but they did reveal that her boyfriend, who is also missing, had a history of involvement in the ...

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Fri, 20 Jun 2003

JP/Shipping lines invited to invest in seaport terminals

Shipping lines invited to invest in seaport terminalsThe Jakarta Post, Jakarta After failing to entice investors in the planned Bojonegara seaport in Banten, the government has decided to build the port itself and then invite shipping lines to invest in the seaport's terminals.

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Fri, 20 Jun 2003

JP/Jakarta increasingly unsafe to travel in, survey shows

Jakarta increasingly unsafe to travel in, survey showsDamar Harsanto, The Jakarta Post, Jakarta Margaretha Maria, 30, having heard all the horror stories of criminals running wild in the city, was worried about what to wear, what bag to carry and what type of transportation she should take to her ...

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Fri, 20 Jun 2003

JP/Newmont, Walhi agree to verify cyanide study

Newmont, Walhi agree to verify cyanide studyMoch. N. Kurniawan, The Jakarta Post, Jakarta Gold mining firm Newmont Minahasa Raya (NMR) and the Indonesian Forum for the Environment (Walhi) agreed on Thursday to verify the latter's study, which revealed that the cyanide in the mining company's ...

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Fri, 20 Jun 2003

JP/RI visitors to HK drops by 89 percent

RI visitors to HK drops by 89 percent JAKARTA: The number of Indonesian visitors to Hong Kong has declined by 89 percent due to the Severe Acute Respiratory Syndrome (SARS) outbreak.

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Fri, 20 Jun 2003

JP/Military to intensify night operations

Military to intensify night operationsTiarma Siboro and Berni K. Moestafa The Jakarta Post Jakarta/LhokseumaweAfter one month attempting to crush independence rebels in Aceh, the Indonesian Military (TNI) says it is to change strategy so as to intensify night operations.TNI chief Gen.

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Fri, 20 Jun 2003

JP/TV Today: Friday, June 20, 2003

TV Today: Friday, June 20, 2003 .TB.30" .90"TVRI .tb .30" .90" 6:00 a.m. News: Berita Pagi7:00 English News Service9:00 Music11:00 News: Berita Dearah12:00 p.m.

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Fri, 20 Jun 2003

JP/Big plans for Jakarta transportation

Big plans for Jakarta transportationBambang Nurbianto, The Jakarta Post, Jakarta Jakarta Governor Sutiyoso submitted a draft bylaw here on Thursday to the City Council, which regulates the city's overall transportation system.

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Fri, 20 Jun 2003

JP/Aceh: Remedial or restored-independence secession?

Aceh: Remedial or restored-independence secession?Kusnanto Anggoro, Senior Researcher, Centre for Strategic and International Studies (CSIS), Jakarta The Free Aceh Movement (GAM) is committed to achieving independence by political means, through diplomacy and international law.

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Fri, 20 Jun 2003

JP/Indonesian visitors to HK drops by 89 percent

Indonesian visitors to HK drops by 89 percent JAKARTA: The number of Indonesian visitors to Hong Kong has declined by 89 percent due to the Severe Acute Respiratory Syndrome (SARS) outbreak.

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Fri, 20 Jun 2003

JP/Director arrested for power theft

Director arrested for power theft TANGERANG: The police arrested the director of Cikokol main vegetable market, H. Memet, and one of his staff members, Kinong, on Thursday for allegedly organizing the theft of electricity for hundreds of vegetable vendors at the market.

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Fri, 20 Jun 2003

JP/TNI applies new tactic in Aceh

TNI applies new tactic in AcehTiarma Siboro and Berni K. Moestafa, The Jakarta Post, Jakarta/Lhokseumawe After one month attempting to crush independence rebels in Aceh, the Indonesian Military (TNI) says it is to change strategy so as to intensify night operations.TNI chief Gen.

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Fri, 20 Jun 2003

JP/RI needs more than luck

RI needs more than luckDavid Sumual, Analyst, Danareksa Research Institute, Jakarta The Indonesian economy has seemingly taken advantage of a number of positive global crosscurrents recently. The impact of SARS nationally is minimal so far.

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Fri, 20 Jun 2003

JP/Where to go in Jakarta:Friday, June 20, 2003

Where to go in Jakarta:Friday, June 20, 2003Exhibitions* Graphic Design Fragment of Imagination, The British Council, S. Widjojo Center 1st floor, Jl. Jend. Sudirman Kav. 71, South Jakarta (Tel. 2524115), until June 30.

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Fri, 20 Jun 2003

JP/SP's new management now in control of company, Gresik says

SP's new management now in control of company, Gresik saysM. Taufiqurrahman, The Jakarta Post, Jakarta Despite resistance from some employees and a sacked top executive, the new management of PT Semen Padang (SP) is now in control of the company, parent company PT Semen Gresik claims.

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Fri, 20 Jun 2003

JP/Two Nigerians on trial for drug

Two Nigerians on trial for drug TANGERANG: Two Nigerians were sent to the Tangerang District Court on Thursday for allegedly trafficking 5.6 kilograms of heroin.Presiding judge Permadi, however, postponed the hearing for a week to give the defendants, Michael Titus Igweh, 23, and Hillary K.

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Fri, 20 Jun 2003

JP/Do not neglect child poverty

Do not neglect child poverty Erita Narhetali Director Institute for Marginalized Children Studies Jakarta Minister of Social Affairs Bachtiar Chamsyah has admitted that the problem of street children has been poorly addressed.

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Fri, 20 Jun 2003

JP/Amrozi claims threatened with torture

Amrozi claims threatened with tortureMuninggar Sri Saraswati and Andi Hajramurni, The Jakarta Post, Jakarta/Makassar One of the main suspects in last year's Bali bombings retracted an incriminating account of Abu Bakar Ba'asyir on Thursday, saying he fabricated his statement to police because of ...

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Fri, 20 Jun 2003

JP/Arwin Rasyid appointed as new vice president of bank BNI

Arwin Rasyid appointed as new vice president of bank BNIRendi A. Witular, The Jakarta Post, Jakarta Shareholders of state-owned Bank Negara Indonesia (BNI) appointed on Thursday former Bank Danamon president Arwin Rasyid as vice president, dismissing earlier speculations that he would ...

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Fri, 20 Jun 2003

JP/RI visitors to HK drops by 89 percent

RI visitors to HK drops by 89 percent JAKARTA: The number of Indonesian visitors to Hong Kong has declined by 89 percent due to the Severe Acute Respiratory Syndrome (SARS) outbreak.

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Fri, 20 Jun 2003

JP/Sweden summons GAM leaders

Sweden summons GAM leadersFour Stockholm-based leaders of the separatist Free Aceh Movement (GAM), except top leader Hassan Tiro, last week complied with a summons from the Swedish foreign ministry, a senior minister disclosed here Thursday.

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