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

Fri, 21 Sep 2001

JP/No quick fix

No quick fix American forces are being routed to the Gulf region, though few details emerge. The fact that a reluctant Pakistan has granted overflight rights to the U.S. gives a reliable indication of what is envisioned.

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Fri, 21 Sep 2001

JP/World Bank urges RI do more on tax revenue

World Bank urges RI do more on tax revenue JAKARTA (JP): The World Bank urged the government on Thursday to step up its efforts in raising tax revenue to improve its debt repayment capacity and finance the development of public services.

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Fri, 21 Sep 2001

JP/Sisters go to court over house

Sisters go to court over house JAKARTA (JP): Fashion designer Dhanny Dahlan has sent her only sister to court in a dispute over a house in Menteng, Central Jakarta, which they inherited from their parents.

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Fri, 21 Sep 2001

JP/Jazz, Titi DJ and hula girls at JAMZ

Jazz, Titi DJ and hula girls at JAMZ JAKARTA (JP): It's been years since I've been to JAMZ. Not since they moved out of the little club across from Blok M Plaza to the Aston Hotel. Talk about moving on up, George and Weezie style.

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Fri, 21 Sep 2001

JP/Train engineers

Train engineers The article School stresses train engineers must stay alert in The Jakarta Post on Sept. 11, 2001, attracted my attention.A late uncle of mine, born in 1900, happened to work as a train engineer, then called a machinist, some time between 1920 and 1930.

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Fri, 21 Sep 2001

JP/Hello (again) interventionism

Hello (again) interventionismBy Larry Elliott LONDON: The response to the attacks on New York and Washington last week has been instant. Old ways of thinking have been ditched to fight the threat to the west. Life after Sept. 11 may never be quite the same again.

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Fri, 21 Sep 2001

JP/Pickpockets shot dead

Pickpockets shot dead JAKARTA (JP): Taman Puring subprecinct police shot dead two alleged pickpockets near the busy Blok M bus terminal on Wednesday after the two suspects resisted arrest and even threatened to fight the officers, police reported on Thursday.

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Fri, 21 Sep 2001

JP/Cybercrime trial on domain name continues

Cybercrime trial on domain name continues JAKARTA (JP): Martha Tilaar, director of PT Martina Bertho, the giant producer of Sari Ayu cosmetics, appeared at the Central Jakarta District Court on Thursday in the trial of her former employee who had illegally registered the domain name of the firm's ...

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Fri, 21 Sep 2001

JP/JP/ /

JP/ /Deposit Rate Sept. 19 Bank 1 month 3 months 6 months 12months last updated Mandiri 12.50/5.50 12.50/5.50 12.75/5.50 12.75/5.50 14/08/01 BCA 13.50/4.00 13.50/4.00 13.50/4.00 13.50/4.00 02/07/01 Danamon 14.00/6.00 14.00/6.00 14.00/6.10 14.00/6.

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Fri, 21 Sep 2001

JP/JP/12/KPPU

JP/12/KPPUFlour importers criticize new govt policy: KPPU JAKARTA (JP): The country's antimonopoly watchdog said on Thursday that the government's plan to impose antidumping duty on flour imports may create unfair business competition in the industry.

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Fri, 21 Sep 2001

JP/Listed firms win awards

Listed firms win awards JAKARTA (JP): Ten publicly listed companies, including several state-owned enterprises, have won awards for implementing good corporate governance.

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Fri, 21 Sep 2001

JP/JAKARTA (JP): Despite the fact that piracy is rampant here,

JAKARTA (JP): Despite the fact that piracy is rampant here, any hope of obtaining legal redress will require patience, persistence and plenty of time.

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Fri, 21 Sep 2001

JP/Legislators admit to accepting gifts, cash

Legislators admit to accepting gifts, cash JAKARTA (JP): Members of the House of Representatives seemed adamant, when confronted with an alleged bribery case, that accepting gifts, cash and facilities from their colleagues was commonplace.

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Fri, 21 Sep 2001

JP/Hello (again) interventionism

Hello (again) interventionismBy Larry Elliott LONDON: The response to the attacks on New York and Washington last week has been instant. Old ways of thinking have been ditched to fight the threat to the west. Life after Sept. 11 may never be quite the same again.

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Fri, 21 Sep 2001

JP/U.S. showers Indonesia with promises

U.S. showers Indonesia with promisesBy Fabiola Desy Unidjaja WASHINGTON, D.C. (JP): President Megawati Soekarnoputri has reaped instant rewards from U.S. President George W. Bush for her commitment to join the global war against terrorism.

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Fri, 21 Sep 2001

JP/Clear-cut separation needed between police and military

Clear-cut separation needed between police and military JAKARTA (JP): Observers have called for the prompt issuance of regulations to clearly define the respective functions of the military and police so as to avoid the kind of overlapping that has frequently sparked conflicts between the two ...

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Fri, 21 Sep 2001

JP/Ex-marine steals to outdo brass

Ex-marine steals to outdo brass BOGOR (JP): A former marine currently in police custody over a Rp 1.8 billion robbery that left two people dead has admitted that he robbed to prove to his former supervisors in the Navy that he could lead a better life than they."I am a former marine.

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Fri, 21 Sep 2001

JP/Textbook thinking

Textbook thinking Although the idea to allow elementary and secondary schools throughout Indonesia to select textbooks for use in their schools on their own is at this stage no more than just that -- an idea -- the enthusiasm with which it has been greeted by educators and parents alike, can ...

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Fri, 21 Sep 2001

JP/Rupiah Rates Sept.20

Rupiah Rates Sept.20 JP/11/ConversionRupiah Rates Sept.20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Fri, 21 Sep 2001

JP/Preserving Malay arts through annual gathering

Preserving Malay arts through annual gatheringBy Fadli BATAM, Riau (JP): Former prominent Malay figure Hang Tuah once said that the Malay culture would never be lost.

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Fri, 21 Sep 2001

JP/IMF dismisses worries over Paris Club meeting delay

IMF dismisses worries over Paris Club meeting delay JAKARTA (JP): The International Monetary Fund (IMF) dismissed on Thursday worries that a delay in the Paris Club meeting had put at risk a US$2.8 billion debt rescheduling deal for this year.

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Fri, 21 Sep 2001

JP/KPPU: Flour importers criticize new policy

KPPU: Flour importers criticize new policy JAKARTA (JP): The country's antimonopoly watchdog said on Thursday that the government's plan to impose antidumping duty on flour imports may create unfair business competition in the industry.

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Fri, 21 Sep 2001

JP/Give IBRA chief enough time

Give IBRA chief enough time Set up in July last year at the request of the International Monetary Fund (IMF), the Oversight Committee of the Indonesian Bank Restructuring Agency's (IBRA) has worked without much fanfare. Dubbed "Mr.

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Fri, 21 Sep 2001

JP/Sibi tribe members block wharf owned by PT Pelindo

Sibi tribe members block wharf owned by PT Pelindo JAYAPURA, Irian Jaya (JP): Some 100 members of the Sibi tribe blocked the Jayapura wharf belonging to state-owned PT Pelindo on Thursday, demanding Rp 7.5 billion in compensation for the land which they claim belongs to them.

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Fri, 21 Sep 2001

JP/Off the mark

Off the mark It's a shame that The Jakarta Post published Donna Woodward's article in Sept. 18, 2001, edition entitled Americans still ignorant of Arabs, Muslims.

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Fri, 21 Sep 2001

JP/Give IBRA chief enough time and space: Mar'ie

Give IBRA chief enough time and space: Mar'ie Set up in July last year at the request of the International Monetary Fund (IMF), the Oversight Committee of the Indonesian Bank Restructuring Agency's (IBRA) has worked without much fanfare Dubbed "Mr.

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Fri, 21 Sep 2001

JP/Give IBRA chief enough time and space: Mar'ie

Give IBRA chief enough time and space: Mar'ie Set up in July last year at the request of the International Monetary Fund (IMF), the Oversight Committee of the Indonesian Bank Restructuring Agency's (IBRA) has worked without much fanfare. Dubbed "Mr.

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Fri, 21 Sep 2001

JP/Cilacap teachers go on back pay shopping spree

Cilacap teachers go on back pay shopping spree CILACAP, Central Java (JP): Teachers and other civil servants in Cilacap regency, Central Java, went on spending and shopping sprees on Wednesday after receiving their six-month back pay ahead of schedule.

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Fri, 21 Sep 2001

JP/Amien calls for combined effort against terrorism

Amien calls for combined effort against terrorism JAKARTA (JP): Speaker of the People's Consultative Assembly Amien Rais urged on Thursday the members of the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand to work hand in hand in fighting terrorism, as Muslim ...

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Fri, 21 Sep 2001

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Sept.20 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo ...

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Fri, 21 Sep 2001

JP/Rate cuts to deter recession

Rate cuts to deter recessionBy William Keegan LONDON: With the Bank of England's quarter point reduction in interest rates on Tuesday to 4.75 percent, the initial round of central bank moves to alleviate a potential world economic crisis is complete. On Monday the U.S.

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Fri, 21 Sep 2001

JP/Rupiah Rates Sept.20

Rupiah Rates Sept.20 JP/11/ConversionRupiah Rates Sept.20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Fri, 21 Sep 2001

JP/Jazz, Titi DJ and hula girls at JAMZ

Jazz, Titi DJ and hula girls at JAMZ JAKARTA (JP): It's been years since I've been to JAMZ. Not since they moved out of the little club across from Blok M Plaza to the Aston Hotel. Talk about moving on up, George and Weezie style.

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Fri, 21 Sep 2001

JP/Police to probe court incident

Police to probe court incident JAKARTA (JP): Jakarta Police Chief Insp. Gen. Sofjan Yacoeb pledged on Thursday to probe the clash between students, lawyers and police at the trial of two student activists at the South Jakarta District Court.

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Fri, 21 Sep 2001

JP/JP/12/Beef

JP/12/BeefIndonesia's beef imports to fall by 10 percent this year JAKARTA (JP): The country's beef imports are expected to reduce by 10 percent this year partly due to lower demand for imported beef amid higher prices in the international market, a senior executive of the Association of ...

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Fri, 21 Sep 2001

JP/Lippo Cikarang clarifies

Lippo Cikarang clarifies We would like to inform the public, in particular the relations, the partners and customers of PT Lippo Cikarang regarding a letter offering a joint advertisement.

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Fri, 21 Sep 2001

JP/Reach back and give fairness a chance

Reach back and give fairness a chance While the brutality, the inhumanity and the depth of the wound leave no space for recrimination, the opportunity for drawing the hardest of lessons and reassessing of pre-attack attitudes should not be wasted by the U.S.

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Fri, 21 Sep 2001

JP/Bank Indonesia mulls lowering interest rate

Bank Indonesia mulls lowering interest rate JAKARTA (JP): Bank Indonesia (BI) will allow its benchmark interest rate to decline if pressure on prices and the rupiah continue to lessen over the next couple of weeks, central bank deputy governor Miranda Goeltom said on Thursday.

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Fri, 21 Sep 2001

JP/Microsoft judgment delayed for third time

Microsoft judgment delayed for third time JAKARTA (JP): Despite the fact that piracy is rampant here, any hope of obtaining legal redress will require patience, persistence and plenty of time.

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Fri, 21 Sep 2001

JP/ JAKARTA (JP): With doubts hanging over main singles player

JAKARTA (JP): With doubts hanging over main singles player Suwandi's fitness, the Indonesian tennis team's chances in the Asia-Oceania relegation play-off match against China look slim.

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Fri, 21 Sep 2001

JP/Diplomacy and statesmanship

Diplomacy and statesmanship I decided to write this letter on Sept. 17 night while watching CNN and heard the recent quotes from Mr. Hamzah Haz regarding responses by the U.S. to the horrible attack on that country on Sept.

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Fri, 21 Sep 2001

JP/Interventionism is back in fashion

Interventionism is back in fashionBy Larry Elliott LONDON: The response to the attacks on New York and Washington last week has been instant. Old ways of thinking have been ditched to fight the threat to the west. Life after Sept. 11 may never be quite the same again.

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Fri, 21 Sep 2001

JP/'Antara' to hold photo exhibition

'Antara' to hold photo exhibition JAKARTA (JP): The National Antara News Agency is organizing a black and white photo exhibition under the theme Glory of the Past.A total of 30 photos are displayed from Sept. 19 to Sept. 23 at the Antara photo journalism gallery at Jl. Antara No.

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Fri, 21 Sep 2001

JP/'Evolution' fails as a comedy

'Evolution' fails as a comedyBy Joko E.H. Anwar Evolution (** out of four stars); Comedy/Action, 105 minutes; Starring David Duchovny, Orlando Jones, Julianne Moore, Seann William Scott, Ted Levine; Directed by Ivan Reitman; A Columbia Pictures/DreamWorks Presentation JAKARTA (JP): A meteor ...

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Fri, 21 Sep 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Song 11:00 Regional News 11:30 Music 12:00 p.m.

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Fri, 21 Sep 2001

JP/Protesters attack mayor's office

Protesters attack mayor's office PADANG, West Sumatra: More than 1,000 high school students protesting the dismissal of a principal attacked the offices of the mayor of Payakumbuh on Wednesday.

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Fri, 21 Sep 2001

JP/Councillors demand Rp 4b life assurance

Councillors demand Rp 4b life assurance JAKARTA (JP): After courting controversy for recent trips abroad, the City Council has now asked the city administration to provide councillors, for the first time ever, with life assurance."It's such a headache. The councillors have now demanded Rp 4.

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Fri, 21 Sep 2001

JP/Advisory council deemed useless

Advisory council deemed useless JAKARTA (JP): Debate on the need to replace members of the 14- member Supreme Advisory Council (DPA) is fruitless due to strong criticism that its performance is ineffective, two noted observers have said.

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Fri, 21 Sep 2001

JP/RI's beef imports to fall this year

RI's beef imports to fall this year JAKARTA (JP): The country's beef imports are expected to reduce by 10 percent this year partly due to lower demand for imported beef amid higher prices in the international market, a senior executive of the Association of Indonesian Beef Importers (Aspidi) said ...

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Fri, 21 Sep 2001

JP/Fugitive JSX bomber sent to Cipinang jail

Fugitive JSX bomber sent to Cipinang jail JAKARTA (JP): The Jakarta Stock Exchange bomber and grenade- thrower at the Malaysian Embassy, who escaped from military police detention in July, was brought to Cipinang Penitentiary on Wednesday night.Second. Corp.

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Fri, 21 Sep 2001

JP/Focus on the real target

Focus on the real target The United States, to its everlasting shame, rounded up and locked up its ethnic Japanese citizens in World War Two. America and all countries must ensure this sort of racial or religious profiling does not recur (in the wake of the terrorist attacks in the U.S.

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Fri, 21 Sep 2001

JP/Soldiers told to go back to barrack

Soldiers told to go back to barrack JAKARTA (JP): Observers call for prompt issuance of regulations which give a clear cut of functions of military and police to avoid overlapping functions which have frequently sparked conflicts between their personnel.

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Fri, 21 Sep 2001

JP/Indonesia sympathizes with U.S. people and government

Indonesia sympathizes with U.S. people and government The following is the address of President Megawati Soekarnoputri at the gala dinner in Washington D.C. on Wednesday, held by the United States-Indonesia Society during her visit to the U.S. WASHINGTON D.C.

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Fri, 21 Sep 2001

JP/Focus on the real target

Focus on the real target The U.S., to its everlasting shame, rounded up and locked up its ethnic Japanese citizens in World War II. America and all countries must ensure this sort of racial or religious profiling does not recur.

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Fri, 21 Sep 2001

JP/BI mulls lowering interest rates

BI mulls lowering interest rates by Tantri Yuliandini JAKARTA (JP): Bank Indonesia (BI) will allow its benchmark interest rate to decline if pressure on prices and the rupiah continue to lessen over the next couple of weeks, central bank deputy governor Miranda Goeltom said on Thursday.

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Fri, 21 Sep 2001

JP/World Bank urges RI to do more on tax revenue

World Bank urges RI to do more on tax revenue JAKARTA (JP): The World Bank urged the government on Thursday to step up its efforts in raising tax revenue to improve its debt repayment capacity and finance the development of public services.

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Fri, 21 Sep 2001

JP/Buoyed Monsanto says cotton project to continues

Buoyed Monsanto says cotton project to continues JAKARTA (JP): Buoyed by impressive initial results of its project in Indonesia, the local unit of Monsanto announced on Wednesday that it is continuing with controversial transgenic cotton farming in South Sulawesi.

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Fri, 21 Sep 2001

JP/Madiun Police chief discharged over clash

Madiun Police chief discharged over clashBy Tarko Sudiarno MADIUN, East Java (JP): Madiun Police precinct chief Adj. Sr. Comr. Eddy Hariyanto was discharged on Thursday in a brief and modest ceremony, following last week's deadly clash which claimed three lives.

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Fri, 21 Sep 2001

JP/Legislators admit to accepting gifts and cash

Legislators admit to accepting gifts and cash JAKARTA (JP): Members of the House of Representatives seemed adamant, when confronted with an alleged bribery case, that accepting gifts, cash and facilities from their colleagues was commonplace.

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Fri, 21 Sep 2001

JP/Where to go in Jakarta:

Where to go in Jakarta:Art Summit III* Dance, choreographer Boi G. Sakti (Indonesian), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Sept. 21 - 22. * Theater Mutiara dari Mesir by Elwarsha (Egyptian), Graha Bhakti Budaya, Taman Ismail Marzuki, 8 p.m., Sept.

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Fri, 21 Sep 2001

JP/Mayor's wealth report questioned

Mayor's wealth report questioned TANGERANG (JP): A local legislator questioned the veracity of the wealth report submitted by the Tangerang mayor to the Wealth Audit Commission of State Officials.

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Fri, 21 Sep 2001

JP/Battalion not to go to Aceh

Battalion not to go to Aceh KARAWANG, West Java (JP): The Army's Strategic Reserves Command (Kostrad) chief, Lt. Gen.

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Fri, 21 Sep 2001

JP/Rupiah Rates Sept.20

Rupiah Rates Sept.20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,100.00 10,100.00 9,552.00 9,648.

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Fri, 21 Sep 2001

JP/2 bodies found from boat crash

2 bodies found from boat crash BANJARMASIN, South Kalimantan: Two of six passengers missing from a boat collision on the Barito river on Tuesday have been found dead, police said on Thursday.Deputy chief of South Kalimantan Marine Police Adj. Comr.

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Fri, 21 Sep 2001

JP/KDEI aids export to Taiwan

KDEI aids export to Taiwan JAKARTA (JP): The Indonesian Commerce and Economy Body (KDEI) has launched various programs to help boost Indonesian exports to Taiwan, KDEI said in a statement on Thursday.

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Fri, 21 Sep 2001

JP/No international terrorist link in Indonesia: MUI

No international terrorist link in Indonesia: MUI JAKARTA (JP): The Indonesian Ulemas Council (MUI) denied on Thursday international media reports that various Islamic organizations in Indonesia had become part of global terrorist networks.

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Fri, 21 Sep 2001

JP/Can cycle of violence end?

Can cycle of violence end?By Omar Halim JAKARTA (JP): The awful and tragic scenes of billowing smoke, huge balls of orange flames, falling people and the ultimate crumbling of the structures of what used to be the World Trade Center manifested once more how violent the human race can be.

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Fri, 21 Sep 2001

JP/Suwandi not fit, slimming RI Davis Cup chances

Suwandi not fit, slimming RI Davis Cup chances JAKARTA (JP): With doubts hanging over main singles player Suwandi's fitness, the Indonesian tennis team's chances in the Asia-Oceania relegation play-off match against China look slim.

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Fri, 21 Sep 2001

JP/No quick fix

No quick fix American forces are being routed to the Gulf region, though few details emerge. The fact that a reluctant Pakistan has granted overflight rights to the U.S. gives a reliable indication of what is envisioned.

More ...

Fri, 21 Sep 2001

JP/Two bombs found at Bitung port

Two bombs found at Bitung port MANADO, North Sulawesi: Two homemade bombs were found by a longshoreman in front of the terminal gate of Samudera Bitung seaport on Thursday.Riton Jafar said he was surprised to find the homemade bombs, and quickly reported the finding to the Port Police.

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Fri, 21 Sep 2001

JP/Rupiah Rates Sept.20

Rupiah Rates Sept.20 JP/11/ConversionRupiah Rates Sept.20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Fri, 21 Sep 2001

JP/Councillors demand insurance of Rp 4 billion

Councillors demand insurance of Rp 4 billion JAKARTA (JP): After courting controversy for recent trips abroad, the City Council has now asked the city administration to provide councillors, for the first time ever, with life insurance."It's such a headache.

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Fri, 21 Sep 2001

JP/Killing continues in Aceh

Killing continues in Aceh BANDA ACEH, Aceh: A member of the Dewantara Subdistrict Military Command, Sgt. Maj. Muhammad Jai, and his wife were found dead in Blang Panjang village in Muara Dua subdistrict, North Aceh regency, on Thursday.Military spokesman in Lhokseumawe Lt. Col.

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Fri, 21 Sep 2001

JP/Buoyed Monsanto says cotton project continues

Buoyed Monsanto says cotton project continues JAKARTA (JP): Buoyed by impressive initial results of its project in Indonesia, the local unit of Monsanto announced on Wednesday that it is continuing with controversial transgenic cotton farming in South Sulawesi.

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Fri, 21 Sep 2001

JP/Buoyed Monsanto says cotton project continues

Buoyed Monsanto says cotton project continues JAKARTA (JP): Buoyed by impressive initial results of its project in Indonesia, the local unit of Monsanto announced on Wednesday that it is continuing with controversial transgenic cotton farming in South Sulawesi.

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