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

Wed, 22 Aug 2001

JP/Inauguration set for new regency

Inauguration set for new regency JAKARTA (JP): City Council and the city administration agreed on Tuesday that the inauguration of Pulau Seribu (Thousand Islands) regency, which has been postponed twice, would be conducted next month.

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Wed, 22 Aug 2001

JP/Taiwan turning point

Taiwan turning point For both political and security reasons, the Taiwanese government for years has kept strict official limits on trade and investment between it and the mainland. And for their own business reasons, Taiwanese companies consistently have found ways around the rules.

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Wed, 22 Aug 2001

JP/Researchers call for simpler permit procedures

Researchers call for simpler permit procedures YOGYAKARTA (JP): Researchers rebuffed the government's insistence on retaining the bureaucratic procedures for research permits in this era of reform.

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Wed, 22 Aug 2001

JP/Court suspends judges' trials over legal technicality

Court suspends judges' trials over legal technicality JAKARTA (JP): Central Jakarta District Court suspended on Tuesday corruption trials involving two Supreme Court justices due to legal defects in the indictments.

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Wed, 22 Aug 2001

JP/150,000 ha of forest in E. Java damaged

150,000 ha of forest in E. Java damaged SURABAYA (JP): Some 150,000 hectares out of the total 1.1 million hectares of forest managed by the state-owned PT Perhutani Unit II in East Java have been severely damaged by plundering, an official said here on Tuesday.

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Wed, 22 Aug 2001

JP/Busker tried for drug possession

Busker tried for drug possession TANGERANG (JP): The Tangerang District Court tried a street musician on Tuesday for the illegal possession of three grams of marijuana.Prosecutor Nellita Ariani charged that the defendant Achmad bin Muhatim, 23, a resident of Jl.

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Wed, 22 Aug 2001

JP/Three arrested in drug case

Three arrested in drug case JAKARTA (JP): Tanjung Priok Port Police arrested three people, suspected to be drug couriers, for being in possession of eight kilograms of shabu-shabu (crystal methamphetamine), a senior officer said on Tuesday.Chief of the port police Adj. Sr. Comr.

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Wed, 22 Aug 2001

JP/Mega, Arroyo vow to work as 'sisters'

Mega, Arroyo vow to work as 'sisters' MANILA (JP): Indonesian President Megawati Soekarnoputri and Philippine President Gloria Macapagal-Arroyo promised here on Tuesday to be like sisters to each other and continue to provide mutual support in leading their troubled countries.

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Wed, 22 Aug 2001

JP/Heal children's depression with feeling

Heal children's depression with feelingBy Donya Betancourt SANUR, Bali (JP): In health care and child development, mental health in children is still a relatively new area but it has been proven that even babies can suffer from depression.

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Wed, 22 Aug 2001

JP/Correction from Guthrie

Correction from Guthrie We represent Kumpulan Guthrie Berhad in their dispute with PT Adhiyasa Saranamas for an alleged breach of contract. In reference to the article published in Aug.

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Wed, 22 Aug 2001

JP/Young Bin Gwan offers good Korean food

Young Bin Gwan offers good Korean food JAKARTA (JP): Blok M, particularly the area lying between the bus terminal and Jl.

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Wed, 22 Aug 2001

JP/Foreign policy, neighbors first

Foreign policy, neighbors firstBy Kornelius Purba JAKARTA (JP): President Megawati Soekarnoputri has chosen the Philippines as the first country she will visit since replacing Abdurrahman Wahid last month.

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Wed, 22 Aug 2001

JP/Drastic rupiah change, its benefits and risks

Drastic rupiah change, its benefits and risks The rupiah's sharp appreciation against the U.S. dollar in the last few weeks will influence the Indonesian economy positively if it is followed by stability, says Pande Raja Silalahi, a senior economic researcher at the Center for Strategic ...

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Wed, 22 Aug 2001

JP/GAM says ministers' visit touristic

GAM says ministers' visit touristic BANDA ACEH, Aceh (JP): GAM could not guarantee the security of the Indonesian ministers visiting the restive province, according to GAM spokesman Sofyan Daud.

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Wed, 22 Aug 2001

JP/Many students have abortions

Many students have abortions MATARAM (JP): About 240 students have come to the Family Planning Clinic (BLKB) in Mataram, the capital of West Nusa Tenggara, for abortions since January.Mataram's BLKB Director, L.

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Wed, 22 Aug 2001

JP/China to reform, to transform

China to reform, to transform On Aug. 4 the Singapore-based LienHe Zaobao published Dr.I. Wibowo's presentation on China's "capitalist class within the communist party" in a seminar at the East Asia Institute.

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Wed, 22 Aug 2001

JP/Dialyses too expensive

Dialyses too expensive BANDUNG: Only about 2,900 of approximately 20,000 people suffering from kidney failure in West Java can afford dialysis according to data available at RA Habibie Hospital for kidney diseases.

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Wed, 22 Aug 2001

JP/RI firms to join WoodmacAsia

RI firms to join WoodmacAsia JAKARTA (JP): At least 32 Indonesian companies have signed up to participate in the up-coming woodworking exhibition called WoodmacAsia2001 in Singapore, the event organizer said.

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Wed, 22 Aug 2001

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 21, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

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Wed, 22 Aug 2001

JP/Japanese auto experts here

Japanese auto experts here JAKARTA (JP): Japanese automotive experts are currently in Indonesia to give advice and provide know-how to the country's auto-parts suppliers on how to boost their competitiveness on the international market.

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Wed, 22 Aug 2001

JP/Pertamina to reach deal with Caltex over CPD by year-end

Pertamina to reach deal with Caltex over CPD by year-end JAKARTA (JP): State oil and gas company Pertamina said on Tuesday it expected to conclude the negotiation of a crude- processing deal (CPD) with Singapore-based Caltex Corp.

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Wed, 22 Aug 2001

JP/Reforming Indonesia

Reforming Indonesia Indonesia's President Megawati Soekarnoputri is exceeding expectations left and right.

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Wed, 22 Aug 2001

JP/MPR annual session to begin on Nov. 1

MPR annual session to begin on Nov. 1 JAKARTA (JP): People's Consultative Assembly (MPR) Speaker Amien Rais revealed on Tuesday that the annual session of the Assembly would begin on Nov. 1, 2001, with its main agenda focusing on hearing the progress reports of top state institutions.

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Wed, 22 Aug 2001

JP/Police to launch searches for weapons, explosives

Police to launch searches for weapons, explosives JAKARTA (JP): The police plan to launch three separate year- long operations all over the city early next month to search for weapons and explosives, as well as to enforce traffic regulations.Jakarta police spokesman Sr. Comr.

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Wed, 22 Aug 2001

JP/3,000 teachers seek salary backpay

3,000 teachers seek salary backpay PURBALINGGA, Central Java (JP): At least 3,000 teachers of state elementary, junior and senior high schools in the regency of Purbalingga thronged the local legislature building on Tuesday demanding the disbursement of the additional backpay derived from their ...

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Wed, 22 Aug 2001

JP/Manulife faces bankruptcy charges

Manulife faces bankruptcy charges JAKARTA (JP): Canadian-based life insurance firm PT Asuransi Jiwa Manulife Indonesia (AJMI) is in yet another legal bout, this time fending off bankruptcy charges at Central Jakarta Commercial Court, with a verdict announced this Thursday.

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Wed, 22 Aug 2001

JP/Ex-bankers tried in multitrillion rupiah graft case

Ex-bankers tried in multitrillion rupiah graft case JAKARTA (JP): The Central Jakarta District Court began the trial against two former top officials of the now-defunct Bank Umum Nasional for allegedly misusing money from Bank Indonesia Liquidity Support (BLBI) funds.

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Wed, 22 Aug 2001

JP/Energy drink maker rejects recall order

Energy drink maker rejects recall order JAKARTA (JP): A company ordered by the authorities to take their popular energy drink products off the shelves have refused to do so, saying they were manufactured according to regulations.

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Wed, 22 Aug 2001

JP/Rp 40t planned in new bonds to secure IMF deal

Rp 40t planned in new bonds to secure IMF deal JAKARTA (JP): The government announced on Tuesday that it planned to issue bonds worth Rp 40 trillion (about US$4.

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Wed, 22 Aug 2001

JP/Shortage of diesel fuel?

Shortage of diesel fuel?Warta KotaJakartans have faced frequent shortages of diesel fuel in the last months and this has yet to be overcome, despite being discussed by the city government and the House of Representatives.

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Wed, 22 Aug 2001

JP/Bank Mandiri first half net profit up 102%

Bank Mandiri first half net profit up 102% JAKARTA (JP): The first half of state Bank Mandiri's unaudited net profit surged by a staggering 102 percent to hit Rp 1.54 trillion (about US$180.15 million) this year, from Rp 762 billion in the same period last year.Bank Mandiri president E.C.W.

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Wed, 22 Aug 2001

JP/`Becak' drivers freed after violent protest

`Becak' drivers freed after violent protest JAKARTA (JP): Thirteen drivers of becak (pedicabs) were released after being questioned by police regarding their alleged role in a violent protest in the Tanjung Priok port district, North Jakarta, during the early hours of Tuesday.

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Wed, 22 Aug 2001

JP/Fraud involving building permit

Fraud involving building permitFrom Warta KotaIn November 2000, AH, a person claiming to be from the city's planning agency offered me his services. He offered to help arrange my building permit for the house I planned to construct in Jati Asih, Bekasi.

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Wed, 22 Aug 2001

JP/Siege of summits

Siege of summits The decision of the International Monetary Fund and the World Bank to substantially reduce the duration of their 2001 annual meetings in Washington is yet another sign that global economic summits and conferences are now under siege from the streets.

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Wed, 22 Aug 2001

JP/Young Bin Gwan: Good Korean food at Blok M

Young Bin Gwan: Good Korean food at Blok M JAKARTA (JP): Blok M, particularly the area lying between the bus terminal and Jl.

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Wed, 22 Aug 2001

JP/Doctor's IDI membership

Doctor's IDI membership I am a member of the Indonesian Medical Association (IDI) under membership number IDI 35427. In mid March, 2001, I was transferred from Bengkulu province to Jakarta.

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Wed, 22 Aug 2001

JP/Manulife faces bankruptcy charges

Manulife faces bankruptcy charges JAKARTA (JP): Canadian-based life insurance firm PT Asuransi Jiwa Manulife Indonesia (AJMI) is in yet another legal bout, this time fending off bankruptcy charges at Central Jakarta Commercial Court, with a verdict announced this Thursday.

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Wed, 22 Aug 2001

JP/Officials blame each other over foreign trips

Officials blame each other over foreign trips JAKARTA (JP): The City Council and city administration blamed each other on Tuesday for the ineffectiveness of the councillors' foreign trips following recent "complaint" letters from Indonesian consulates.

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Wed, 22 Aug 2001

JP/Former officer warns of military return to politics

Former officer warns of military return to politics JAKARTA (JP): Hasnan Habib, a retired Army lieutenant general, warned here on Tuesday of the possibility of a military comeback within the nation's political arena if politicians remained immature and unprofessional.

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Wed, 22 Aug 2001

JP/XL, BCA tie up for mBanking

XL, BCA tie up for mBanking JAKARTA (JP): Cellular network operator PT Excelcomindo Pratama has reached an agreement with Bank Central Asia (BCA) to provide mobile banking services, better known as mBanking, for their customers, a senior executive said on Tuesday.

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Wed, 22 Aug 2001

JP/Emphasis on bilateral ties back on foreign policy agenda

Emphasis on bilateral ties back on foreign policy agenda Newly appointed Minister of Foreign Affairs Hassan Wirayuda has again underlined the importance of "a free and active" foreign policy, set out for the first time by Indonesia's founding father and first vice president Mohammad Hatta.

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Wed, 22 Aug 2001

JP/Campaign against syringe sharing

Campaign against syringe sharing JAKARTA (JP): Activists and doctors urged authorities to intensify campaigns to raise public awareness about the dangers of sharing hypodermic syringes.

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Wed, 22 Aug 2001

JP/Equestrian team revels in SEA Games challenge

Equestrian team revels in SEA Games challenge JAKARTA (JP): The Indonesian equestrian team bound for the upcoming SEA Games in Kuala Lumpur is hoping to win two gold medals at the biennial sporting event next month.

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Wed, 22 Aug 2001

JP/3,000 teachers seek salary backpay

3,000 teachers seek salary backpay PURBALINGGA, Central Java (JP): At least 3,000 teachers of state elementary, junior and senior high schools in the regency of Purbalingga thronged the local legislature building on Tuesday demanding the disbursement of the additional backpay derived from their ...

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Wed, 22 Aug 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 10:00 Children's Program 10:30 30 Minutes with Anita Rahman 11:00 Regional News 12:00 p.m.

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Wed, 22 Aug 2001

JP/Groups rapped for cowardly actions

Groups rapped for cowardly actions Both the major Bahasa Malaysia dailies hit out at the so- called freedom fighters who carry out violent attacks in the name of jihad (struggle), saying that their actions only served to ruin the image of Islam.

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Wed, 22 Aug 2001

JP/Presidential guards to be restructured

Presidential guards to be restructured JAKARTA (JP): Newly appointed chief of Paspampres (the presidential guards) Brig. Gen.

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Wed, 22 Aug 2001

JP/Women better entrepreneurs than men: ADB

Women better entrepreneurs than men: ADB JAKARTA (JP): Small and medium enterprises (SMEs) led by women are more successful than those led by men, a survey conducted by the Asian Development Bank (ADB) technical assistance team for Indonesia revealed on Tuesday.

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Wed, 22 Aug 2001

JP/Bakrie enjoys strong sales, but suffers losses in H1

Bakrie enjoys strong sales, but suffers losses in H1 JAKARTA (JP): The publicly-listed PT Bakrie & Brothers enjoyed stronger sales in the first half of this year, but still suffered a net loss of Rp 187.3 billion (US$21.87 million).

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Wed, 22 Aug 2001

JP/Rupiah Rates Aug. 21

Rupiah Rates Aug. 21 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,940.00 8,940.00 8,398.00 8,482.

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Wed, 22 Aug 2001

JP/Kim's weird way

Kim's weird way Today the officially-proclaimed "Dear Leader" of North Korea will begin rattling his way home from Moscow aboard his 21-car armored train, a journey requiring another 10 days of travel before Kim Jong-il finally reaches his desk in Pyongyang.

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Wed, 22 Aug 2001

JP/Nuwa Wea plans to improve labor conditions

Nuwa Wea plans to improve labor conditions JAKARTA (JP): The appointment of Jacob Nuwa Wea as the new Minister of Manpower and Transmigration took many by surprise because of his being well-known as a strong supporter of workers' struggle for better welfare, which often clashes with employers.

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Wed, 22 Aug 2001

JP/Jail term sought for alleged killers

Jail term sought for alleged killers TANGERANG (JP): A prosecutor asked the Tangerang District Court on Tuesday to sentence two people to 20 years in jail each for a premeditated murder of their friend who refused to lend them Rp 20,000 (US$2.35).

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Wed, 22 Aug 2001

JP/Business sentiment in Indonesia improving: JETRO

Business sentiment in Indonesia improving: JETRO JAKARTA (JP): Japanese investors operating in Indonesia felt their businesses fared better in August, while those in four neighboring countries -- Singapore, Thailand, Malaysia and the Philippines -- thought their businesses worsened, a ...

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Wed, 22 Aug 2001

JP/Megawati's ASEAN tour

Megawati's ASEAN tour President Megawati Soekarnoputri's departure for a one-week whirlwind tour of ASEAN countries marks an important milestone in Indonesia's relations with the world outside.

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Wed, 22 Aug 2001

JP/Election of ITB Rector

Election of ITB RectorFrom RepublikaThe nomination and election process for the rector of the Bandung Institute of Technology reflects the highest respect of all in ITB academic circles for democracy and transparency.

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Wed, 22 Aug 2001

JP/Sports officials won't get SEAG holiday: KONI

Sports officials won't get SEAG holiday: KONI JAKARTA (JP): The National Sports Council (KONI) brushed aside allegations that it would take advantage of the Kuala Lumpur 2001 Southeast Asian (SEA) Games by sending a large number of officials to the biennial event.

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Wed, 22 Aug 2001

JP/Where to go in Surabaya:

Where to go in Surabaya:Exhibition* Photo: Around the World, by 32 photographers, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), Monday to Friday, 8 a.m. to 8 p.m., Saturday-Sunday, 9 a.m. to 5 p.m., until Aug. 23.Music and Entertainment* Hyatt Regency Surabaya, Jl. Jend.

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Wed, 22 Aug 2001

JP/Treat your acne right away

Treat your acne right away Dear Dr. Donya,After reading your article in The Jakarta Post, I would like to ask you if it is possible for an adult to use isotretnoin.I've had acne for almost a year, particularly infections on my chin. I've tried everything but the problem keeps returning.

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