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

Thu, 20 Jul 2000

JP/Analyst downplays dot-com bubble burst

Analyst downplays dot-com bubble burst JAKARTA (JP): As the bubble bursts on Internet companies in many parts of the world, Indonesia has little to fear due to lower public exposure and fewer players in the market, an expert said.

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Thu, 20 Jul 2000

JP/IBRA plans to sell another 26 firms this year

IBRA plans to sell another 26 firms this year JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) plans to sell its ownership of around 26 companies in the remaining period of this year in a bid to raise some Rp 7.2 trillion (US$795.

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Thu, 20 Jul 2000

JP/Child kidnapper gets a two-year jail term

Child kidnapper gets a two-year jail term JAKARTA (JP): Defendant Agus Surya, 42, did not flinch when presiding judge Sri Endang Murwati sentenced him on Tuesday to a mere two years in prison for committing a series of kidnappings over the past nine years.

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Thu, 20 Jul 2000

JP/Pesky visitors take off with plants

Pesky visitors take off with plants BOGOR (JP): The Kebun Raya Garden has its share of pesky visitors, who think nothing of plucking plants and flowers and taking them home.

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Thu, 20 Jul 2000

JP/Lippobank's new brand

Lippobank's new brand JAKARTA (JP): Lippobank has introduced its new corporate identity in line with a planned launching of a series of new consumer banking products.

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Thu, 20 Jul 2000

JP/Focusing on Aussie defense policy

Focusing on Aussie defense policyBy Robert Goodfellow WOLLONGONG, Australia (JP): The Australian shadow minister for defense Stephen Martin is scheduled to be in Jakarta this week.

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Thu, 20 Jul 2000

JP/Police seize 8,000 ecstasy pills

Police seize 8,000 ecstasy pills JAKARTA (JP): Police detectives seized 8,000 ecstasy pills from 24-year-old businessman Johan Markoan's home in the Taman Palem Sari housing complex in Cengkareng, West Jakarta.Detective Insp.

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Thu, 20 Jul 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC Crouching Tiger 14:15 17:20 20:25 House on Haunted Hill 14:55 17:35 19:45 21:55 Me, My Self and Irene 14:15 16:55 19:05 21:15 Reindeer Games 14:55 17:35 19:45 21:55 Shanghai Noon ...

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Thu, 20 Jul 2000

JP/Govt allows importation of used machine, capital goods

Govt allows importation of used machine, capital goods JAKARTA (JP): Minister of Industry and Trade Luhut B. Pandjaitan has issued a decree to allow the importation of used machines, machine tools and capital goods.

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Thu, 20 Jul 2000

JP/RI recovery: A distant mirage

RI recovery: A distant mirage The following is the second of two articles on economic recovery by Sidhesh Kaul, a regional commentator on political and economic issues based in Jakarta.

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Thu, 20 Jul 2000

JP/Soil pollution threatens Bali's precious coral reefs

Soil pollution threatens Bali's precious coral reefsBy I Wayan Juniarta DENPASAR, Bali (JP): Bali's world famous coral reefs, increasingly important in attracting tourists to the paradise island, are being threatened by soil pollution, according to preliminary research by the World Wide Fund for ...

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Thu, 20 Jul 2000

JP/Mitsubishi to recall 700,000 vehicles

Mitsubishi to recall 700,000 vehicles TOKYO (DPA): Japan's Mitsubishi Motors Corporation said on Wednesday that it will recall about 700,000 vehicles for free repairs, one day after Japan's Transport Ministry said the automaker concealed information on defective vehicles.

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Thu, 20 Jul 2000

JP/Bank DKI trial opens in C. Jakarta court

Bank DKI trial opens in C. Jakarta court JAKARTA (JP): The Central Jakarta District Court initiated on Wednesday the trial of the Rp 857 million (US$95,200) alleged corruption case involving two former top officials of the city- owned Bank DKI.

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Thu, 20 Jul 2000

JP/Thousands killed in the fight for political advantage

Thousands killed in the fight for political advantageBy Smith Alhadar JAKARTA: Fighting in North Maluku since October 1999 has by now left about 3,000 dead. Over a 100,000 have become refugees. And it goes on. Yet this ugly conflict has been less reported than the fighting in Ambon to the south.

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Thu, 20 Jul 2000

JP/Camp David deal depends on cash, security

Camp David deal depends on cash, securityBy Brian Whitaker LONDON: As Palestinians and Israelis wrangle at Camp David, Bill Clinton may be reminded of a dispute that wise King Solomon, builder of the temple in Jerusalem, settled 3,000 years ago.

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Thu, 20 Jul 2000

JP/Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on July 19, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Thu, 20 Jul 2000

JP/Liberalize quota of textile, U.S., EU told

Liberalize quota of textile, U.S., EU told GENEVA (AFP): Twenty-four major textile exporting developing countries have urged ministers from the US, European Union and Canada to take more concrete action to liberalize quotas in the sector, the group said here Tuesday.

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Thu, 20 Jul 2000

JP/Haj pilgrimage to cost Rp 19m to Rp 23m

Haj pilgrimage to cost Rp 19m to Rp 23m JAKARTA (JP): The government and the House of Representatives have agreed to set the cost of the haj pilgrimage to Saudi Arabia next year at between Rp 19 million and Rp 23 million.

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Thu, 20 Jul 2000

JP/Chief justice Muladi?

Chief justice Muladi? Is Mr. Muladi for real? His petulant ultimatum demeans the House of Representatives (DPR).

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Thu, 20 Jul 2000

JP/Labor dispute at KPC finally settled

Labor dispute at KPC finally settled JAKARTA (JP): PT Kaltim Prima Coal (KPC) finally reached an agreement with its striking workers on Wednesday that allowed for an immediate resumption of production in East Kalimantan.

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Thu, 20 Jul 2000

JP/W. Java Council speaker dies

W. Java Council speaker dies BANDUNG: The speaker of the West Java provincial council, Idin Rafioedin, died of a heart attack on Tuesday night.He was 51.

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Thu, 20 Jul 2000

JP/Being selective vital in 'wartel' business

Being selective vital in 'wartel' business JAKARTA (JP): Owners of telecommunication kiosks, locally known as wartel, have urged publicly-listed telecommunication firm PT Telekomunikasi Indonesia (Telkom) to be more selective in granting lines to new applicants.

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Thu, 20 Jul 2000

JP/Dutch shuttler Mia hopes to shine in Olympics

Dutch shuttler Mia hopes to shine in Olympics JAKARTA (JP): Former Indonesian Uber Cup team starlet Mia Audina has matured, both in technical skills and attitude.

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Thu, 20 Jul 2000

JP/Rupiah books strong showing for second day

Rupiah books strong showing for second day JAKARTA (JP): The rupiah booked a strong showing for the second consecutive day on Wednesday ahead of President Abdurrahman Wahid's key appearance at the House of Representatives today.The rupiah broke through the 9,000 level against the U.S.

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Thu, 20 Jul 2000

JP/Who's to blame?

Who's to blame? For months Indonesians have been led to believe that most, if not all, of this country's present economic and political troubles are caused by squabbles among the political elite.

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Thu, 20 Jul 2000

JP/Bali artist Erawan overcomes 'creative block' with new works

Bali artist Erawan overcomes 'creative block' with new worksBy Putu Wirata DENPASAR, Bali (JP): Nyoman Erawan, one of Bali's foremost painters, is attempting to overcome his "creative block" by presenting his new works, some of which have been on display in Citra (Image), an exhibition of his ...

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Thu, 20 Jul 2000

JP/Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition: Kebiar Seni VI Bibit, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until October 2. * Painting, Sculpture Exhibition by N.A.

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Thu, 20 Jul 2000

JP/Bina Graha prepares for interpellation

Bina Graha prepares for interpellation JAKARTA (JP): Presidential aides made last minute preparations and adjustments on Wednesday for Presidential Abdurrahman Wahid's interpellation face-off with the House of Representatives on Thursday.

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Thu, 20 Jul 2000

JP/RI assures a place in men's doubles final

RI assures a place in men's doubles final JAKARTA (JP): Indonesia booked a ticket in the men's doubles final of the US$10,000 Future-3 tennis tournament here on Wednesday.

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Thu, 20 Jul 2000

JP/Attorney General to seize Soeharto's assets

Attorney General to seize Soeharto's assets JAKARTA (JP): The Attorney General's Office will begin on Thursday confiscating assets belonging to the charity foundations owned by former president Soeharto.

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Thu, 20 Jul 2000

JP/Making peacekeeping safe

Making peacekeeping safe The show and use of force to rescue the mostly-Indian peacekeeping soldiers in the western African country of Sierra Leone must augur well for the United Nations and its beleaguered, belittled and devalued peacekeeping department.

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Thu, 20 Jul 2000

JP/Amrus Natalsya, from rural to urban

Amrus Natalsya, from rural to urbanBy Amir Sidharta JAKARTA (JP): In the 1950s, Amrus Natalsya was already known as a sculptor, as well as a painter. He started to sculpt in 1954 as a student of Yogyakarta's Indonesian Fine Arts Academy (ASRI).That year, he dared to bring his work to his faculty.

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Thu, 20 Jul 2000

JP/Missing aid baffles officials

Missing aid baffles officials PALU, Central Sulawesi: About seven of 43 bales of humanitarian aid for refugees in Poso have gone missing during its shipment on the Kerinci vessel from Jakarta.

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Thu, 20 Jul 2000

JP/Intellectual property rights key to investor confidence

Intellectual property rights key to investor confidence JAKARTA (JP): The protection of intellectual property rights has become a crucial factor in ensuring foreigner investor confidence.The director general of intellectual property rights at the Ministry of Law and Legislation, A.

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Thu, 20 Jul 2000

JP/Government delays plan to raise telecom rates

Government delays plan to raise telecom rates JAKARTA (JP): The government has delayed its plan to increase the rates for fixed-line and cellular telephone calls by 21 percent and 41 percent respectively.

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Thu, 20 Jul 2000

JP/Marine management a challenge for regions

Marine management a challenge for regions SURABAYA (JP): The transfer of marine management from the central government to provincial administrations will pose a large challenge for the regions, an official said here.

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Thu, 20 Jul 2000

JP/Akbar's stinging attack on government deplored

Akbar's stinging attack on government deplored JAKARTA (JP): There was a chorus of disapproval on Wednesday over Golkar Party chairman Akbar Tandjung's strong criticism of the government, saying he forgot that Golkar itself was part of the New Order regime which brought the country to ruin.

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Thu, 20 Jul 2000

JP/Riau authorities fed up with continuing forest fires

Riau authorities fed up with continuing forest fires PEKANBARU, Riau (JP): The Riau provincial administration is demanding that Minister of Forestry and Plantations Nurmahmudi Ismail revoke for good operating permits of errant companies holding forest concession which have caused fires.

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Thu, 20 Jul 2000

JP/No after sales service

No after sales service I bought a new Ariston gas stove in late 1999. After the deal was done and the stove delivered, they did not give me a letter of guarantee. They said they had run out of them and would send one later. Unfortunately, up to now, I have not received the guarantee letter.

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Thu, 20 Jul 2000

JP/Quick resolution to avoid foreign troops in Maluku

Quick resolution to avoid foreign troops in Maluku JAKARTA (JP): Senior police and Army generals on Wednesday warned that a swift and concrete end to the violence in the Maluku islands must be found if the government is serious in its determination to reject international interference.

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Thu, 20 Jul 2000

JP/The players behind the Maluku madness

The players behind the Maluku madnessBy George J. Aditjondro NEWCASTLE, Australia (JP): Thousands of people have died in Maluku, once known as the Spice Islands, in what seems to be a religious war between Christians and Muslims.Official estimates have put the death toll at 3,000. However, Rev.

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Thu, 20 Jul 2000

JP/Indonesian League facts and file

Indonesian League facts and fileFacts and file Persikota Tangerang Reaches semifinals as Group A winner vs Arema Malang 1-1 vs Pelita Solo 2-1 vs Persija Jakarta 1-1 Top scorers (since the regular season): Komang Mariawan (15), Stephen Weah (8) Coach: Sutan Harhara Title: -W D L ...

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Thu, 20 Jul 2000

JP/Little expected from Japan-N. Korea meet

Little expected from Japan-N. Korea meetBy Shigemi Sato TOKYO (AFP): There is little hope of any big breakthrough when Japan and North Korea's foreign ministers meet for the first time this month, analysts here said.

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Thu, 20 Jul 2000

JP/20,000 Aceh refugees flee sanctuary

20,000 Aceh refugees flee sanctuary BANDA ACEH, Aceh (JP): Almost all of the approximately 20,000 refugees who sought shelter at Point-A area of the Exxon-Oil airport compound in Tanah Luas district of North Aceh were gone on Wednesday afternoon.

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Thu, 20 Jul 2000

JP/MPR not a conflict zone: MUI

MPR not a conflict zone: MUI MAKASSAR, South Sulawesi (JP): The Indonesian Ulemas Council (MUI) for eastern Indonesia closed its three-day internal meeting on Wednesday with a call to the political elite not to use next month's upcoming People's Consultative Assembly General Session to score ...

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Thu, 20 Jul 2000

JP/Police likely to block Jakarta if necessary

Police likely to block Jakarta if necessary JAKARTA (JP): Insp. Gen. Nurfaizi, the city police chief, said on Wednesday that his personnel might close the capital to outsiders, particularly those bent on causing disruption in Jakarta, during next month's Annual Session of the ...

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Thu, 20 Jul 2000

JP/The seeds of discontent in the beautiful Maluku islands

The seeds of discontent in the beautiful Maluku islandsBy Angelique L. Picaulima van Engelen and Harley Saimima JAKARTA (JP): Macho and fierce are correct ways to describe natives of the Maluku islands.

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Thu, 20 Jul 2000

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 9:00 Interval 12:30 p.m.

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Thu, 20 Jul 2000

JP/Alwi explains audit irregularities

Alwi explains audit irregularities JAKARTA (JP): Foreign Minister Alwi Shihab claimed that the Rp 46 billion (US$4.8 million) "irregularity" in the ministry as reported by the Supreme Audit Agency, was due to the delayed payment of visa and immigration fees from several Indonesian embassies.

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Thu, 20 Jul 2000

JP/Sun and Budi crash out of Indonesia Open

Sun and Budi crash out of Indonesia Open JAKARTA (JP): Unheralded players stole a little bit of thunder in the first day of the US$150,000 Sanyo Indonesia Open at the Senayan Tennis Indoor Stadium Wednesday, although big names maintained their dominance.

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Thu, 20 Jul 2000

JP/Indonesian soccer league teams pledge fair play

Indonesian soccer league teams pledge fair play JAKARTA (JP): Teams featured in the sixth Indonesian professional soccer league championship semifinals have vowed to fight for glory and play fair.

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Thu, 20 Jul 2000

JP/City Revenue Agency to be questioned over tax hike

City Revenue Agency to be questioned over tax hike JAKARTA (JP): City Council Commission C for city revenue will summon the head of the City Revenue Agency over his failure to delay the enactment of a 1998 bylaw which requires operators of nightspots to pay a 30 percent tax, a councillor said ...

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Thu, 20 Jul 2000

JP/Operation to continue without police backup

Operation to continue without police backup JAKARTA (JP): Governor Sutiyoso said he had ordered Jakarta's five mayors to carry on with the planned public order operation in the city despite inadequate back up from the police.

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Thu, 20 Jul 2000

JP/Granddaughter-in-law of Soeharto to face trial

Granddaughter-in-law of Soeharto to face trial JAKARTA (JP): West Jakarta Police submitted on Wednesday the dossiers of Gusti Maya Firanti Noor, a granddaughter-in-law of former president Soeharto, to the West Jakarta Prosecutor's Office.

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Thu, 20 Jul 2000

JP/No interference

No interference In a rare meeting with 83 foreign ambassadors and heads of foreign missions, Minister of Foreign Affairs Alwi Shihab urged all countries to show their understanding and support toward the government's efforts to end the violence in Maluku.

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Thu, 20 Jul 2000

JP/Stock quotations on JSX

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

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Thu, 20 Jul 2000

JP/RI to import fuel to meet supply shortage

RI to import fuel to meet supply shortage JAKARTA (JP): Indonesia may import fuel from neighboring countries to overcome pressing fuel shortages in East Java and Bali, Minister of Mines and Energy Susilo Bambang Yudhoyono said on Wednesday.

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Thu, 20 Jul 2000

JP/Kostrad chief admits misuse of funds by two officers

Kostrad chief admits misuse of funds by two officers BANDUNG (JP): Army Strategic Reserves Command (Kostrad) chief Lt. Gen. Agus Wirahadikusumah has admitted that an internal audit has found irregularities in his command's financial reports.

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