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

Wed, 22 Sep 1999

JP/Supporters stage protest at PDI-P office

Supporters stage protest at PDI-P office JAKARTA (JP): Some 100 supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) protested at the party's headquarters in Lenteng Agung, South Jakarta, on Tuesday afternoon.

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Wed, 22 Sep 1999

JP/Impeachment law needed to prosecute presidents

Impeachment law needed to prosecute presidents BANDUNG (JP): Indonesia needs a law to impeach a president, constitutional law expert Sri Soemantri says.Soemantri said that Indonesia had no regulation on crimes committed by a president nor an appropriate institution to take him or her to court.

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Wed, 22 Sep 1999

JP/Why the West grew rich as the rest grew poor

Why the West grew rich as the rest grew poorBy Thee Kian Wie This is the second of two articles on David Landes' latest book The Wealth and Poverty of Nations -- Why Some Are So Rich and Some So Poor. The 650-page book was published in 1998 by W.W. Norton & Company, Inc., New York. N.Y.

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Wed, 22 Sep 1999

JP/Bali hotels unaffected by East Timor fallout: PHRI

Bali hotels unaffected by East Timor fallout: PHRI JAKARTA (JP): The Bali chapter of the Indonesian Hotel and Restaurant Association (PHRI) said on Tuesday the fallout over East Timor had not affected Bali's tourist and travel-related sectors.

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Wed, 22 Sep 1999

JP/Subdistrict heads told to fight against drugs

Subdistrict heads told to fight against drugs JAKARTA (JP): Governor Sutiyoso warned on Tuesday he would fire subdistrict heads who failed to show a commitment to the mass antidrug campaign across the city.

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Wed, 22 Sep 1999

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 21, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo ...

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Wed, 22 Sep 1999

JP/Security the main problem for aid efforts: UNHCR

Security the main problem for aid efforts: UNHCR JAKARTA (JP): Despite protection from local and central governments, the United Nations High Commissioner for Refugees (UNHCR) Sadako Ogata said on Tuesday security was the main problem for the humanitarian mission in East Timor and East ...

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Wed, 22 Sep 1999

JP/PMI loses Rp 50m monthly

PMI loses Rp 50m monthly BOGOR (JP): The PMI (Indonesian Red Cross) Hospital here has lost some Rp 50 million (US$6,250) every month due to patients' unpaid bills, a hospital executive said on Tuesday.

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Wed, 22 Sep 1999

JP/China disqualified for fielding wrong players

China disqualified for fielding wrong players JAKARTA (JP): The Chinese boys' and girls' teams were disqualified from the first Asian Schools Tennis Championships at the Senayan tennis complex on Tuesday.

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Wed, 22 Sep 1999

JP/Man robbed of van by uniformed men

Man robbed of van by uniformed men JAKARTA (JP): A 26-year-old businessman was robbed of his vehicle by five people in Indonesian Military (TNI) uniforms early Monday morning in Pondok Indah, South Jakarta, the Jakarta Police spokesman said.Lt. Col.

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Wed, 22 Sep 1999

JP/Do we have national pride?

Do we have national pride? The UN-approved International Force for East Timor (Interfet) arrived in the territory on Sept. 20.

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Wed, 22 Sep 1999

JP/Tribesmen bank on future with deposit accounts

Tribesmen bank on future with deposit accountsBy Neles Tebay MOANEMANI, Irian Jaya (JP): For many people, the koteka -- the penis sheath worn by Irianese tribesmen -- symbolizes "backwardness" and "poverty".

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Wed, 22 Sep 1999

JP/Antidumping body investigates steel pipe imports

Antidumping body investigates steel pipe imports JAKARTA (JP): The Indonesian Anti-Dumping Committee (KADI) is investigating steel pipe imports from Japan, China, South Korea and Singapore, following charges that the pipes were sold through dumping practices.

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Wed, 22 Sep 1999

JP/Habibie's speech gets mixed reactions

Habibie's speech gets mixed reactions JAKARTA (JP): An account of the government's policy on East Timor given to the House of Representatives in a plenary session on Tuesday by President B.J. Habibie met with mixed reactions from various circles.

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Wed, 22 Sep 1999

JP/NU youths pledge to defend RI

NU youths pledge to defend RI MAGELANG, Central Java: About 5,000 young followers in the country's largest Muslim organization, Nahdlatul Ulama, have grouped in a task force and pledged they were ready to defend the country and fight Australian troops.

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Wed, 22 Sep 1999

JP/Uncertainty crippling economy

Uncertainty crippling economy The Indonesian government once again demonstrated its determination to cover up corruption in the highest levels by invoking the banking secrecy law as a legal pretext for not fully disclosing the results of the PricewaterhouseCoopers audit of the transactions ...

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Wed, 22 Sep 1999

JP/Government says illiteracy stands at 6 million

Government says illiteracy stands at 6 million JAKARTA (JP): There are 6.07 million illiterate Indonesians between the ages of 10 and 44, an official said on Tuesday.

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Wed, 22 Sep 1999

JP/A state of law

A state of law I can understand very well Pak Soegih Arto's point of view Do we need foreign troops? (The Jakarta Post, Sept. 16, 1999) and I agree with him that no foreign troops should have been needed in East Timor.

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Wed, 22 Sep 1999

JP/6,806 Ecstasy pills destroyed in Medan

6,806 Ecstasy pills destroyed in Medan MEDAN, North Sumatra: The Provincial Prosecutor's Office here has destroyed 6,800 Ecstasy pills which were confiscated between June 1998 to July of this year.

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Wed, 22 Sep 1999

JP/Hotel employee dies of overdose

Hotel employee dies of overdose JAKARTA (JP): A twenty-year-old hotel employee was found dead in front of a kindergarten by residents of Pejaten in South Jakarta, a staff member at Cipto Mangunkusumo General Hospital said on Tuesday.

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Wed, 22 Sep 1999

JP/Court rejects bankruptcy petition against PT Jasindo

Court rejects bankruptcy petition against PT Jasindo JAKARTA (JP): The Jakarta Commercial Court rejected on Tuesday a bankruptcy petition filed by Taiwan-based Chinatrust Commercial Bank (CCB) against state-owned general insurance company PT Asuransi Jasa Indonesia (Jasindo).

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Wed, 22 Sep 1999

JP/Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on September 21, 1999: Buying Selling Rp Rp U.S. dollar 1 8,333.00 8,417.00Australian dollar 1 5,366.45 5,424.76Austrian schilling 1 628.

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Wed, 22 Sep 1999

JP/Regional representatives for MPR still undecided

Regional representatives for MPR still undecided JAKARTA (JP): With just two weeks remaining, provincial legislatures across the country have yet to submit the names of their representatives in the People's Consultative Assembly (MPR).

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Wed, 22 Sep 1999

JP/East Timorese cheer troop arrivals

East Timorese cheer troop arrivalsBy Budiman Moerdijat DILI, East Timor (JP): Hundreds of East Timorese left refugee enclaves in surrounding hills on Tuesday to greet warships bringing more International Force for East Timor (Interfet) troops.

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Wed, 22 Sep 1999

JP/TNI seeks way back through security bill

TNI seeks way back through security bill The controversial government-proposed state security bill found its way smoothly to the House of Representatives and is scheduled to be passed on Thursday. State administration legal expert M.

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Wed, 22 Sep 1999

JP/Jakarta-Yogya train service

Jakarta-Yogya train service JAKARTA (JP): State-owned railway company PT Kereta Api Indonesia (KAI) launched on Tuesday its new executive class service between Yogyakarta and Jakarta.

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Wed, 22 Sep 1999

JP/Companies donate to refugees

Companies donate to refugees JAKARTA (JP): Two pharmaceutical companies in Jakarta donated 20,000 bottles of intravenous solution and 4,400 IVs worth Rp 260 million (US$32,500) to hospitals in East Nusa Tenggara to help meet the medical needs of refugees from East Timor.

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Wed, 22 Sep 1999

JP/Deforestation ruins Jambi's rich medicinal heritage

Deforestation ruins Jambi's rich medicinal heritage SOROLANGUN, Jambi (JP): Deforestation in Jambi and Riau is not only depriving jungle tribespeople of their natural habitat, but also destroying plant species with potential medicinal value.

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Wed, 22 Sep 1999

JP/Arrested gamblers freed, money held at Naval base

Arrested gamblers freed, money held at Naval base JAKARTA (JP): Naval Base II authorities have acknowledged that a marines-initiated raid over the weekend in which 39 gamblers were apprehended was unlawful.

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Wed, 22 Sep 1999

JP/Cilacap residents resort to potatoes

Cilacap residents resort to potatoes CILACAP, Central Java: At least 600 residents of Grugu village here have been forced to eat sweet potatoes instead of rice.

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Wed, 22 Sep 1999

JP/Deliberation of state emergency bill to end

Deliberation of state emergency bill to end JAKARTA (JP): Amid mounting protests, the House of Representatives (DPR) came closer to finishing on Tuesday the deliberation of the state security bill.

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Wed, 22 Sep 1999

JP/Indignity, so what?

Indignity, so what? Why do you prefer "indignity" instead of "slap in the face". Do you still believe in defending the manners of the "orang timur" (Eastern people) as an excuse? Forget it. It is nothing but a proof of cowardice, pleasing ourselves to cover our true weaknesses and stupidity.

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Wed, 22 Sep 1999

JP/PSSI to set up provincial chapters for old 'Komda'

PSSI to set up provincial chapters for old 'Komda' JAKARTA (JP): Members of the All-Indonesian Soccer Federation (PSSI) will recommend the setting up of provincial chapters to replace the current system of boards of commissioners (Komda) in a plenary meeting on Wednesday.

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Wed, 22 Sep 1999

JP/Golkar vows to promote Habibie-Wiranto duet

Golkar vows to promote Habibie-Wiranto duet JAKARTA (JP): Next month's Golkar executive meeting is expected to endorse the nomination of incumbent President B.J. Habibie and Indonesian Military (TNI) Commander Gen.

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Wed, 22 Sep 1999

JP/On East Timor

On East Timor The globally circulated Newsweek magazine on Sep. 13 published an article titled East Timor, one thug, one vote.This article is clearly manipulative and misleading by stating: "East Timor's prospects are grim.

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Wed, 22 Sep 1999

JP/KONI to seek support for 2006 Asian Games bid

KONI to seek support for 2006 Asian Games bid JAKARTA (JP): National Sports Council (KONI) officials plan to meet the state minister of youth affairs and sports on Thursday to clarify recent newspaper reports which quoted the minister as saying that KONI should reconsider its intention to bid for ...

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Wed, 22 Sep 1999

JP/Bank Bali staff support Rudy

Bank Bali staff support Rudy JAKARTA (JP): Amid the public furor over the Bank Bali scandal, most of the bank's employees are wearing purple ribbons on their name tags as an expression of support and solidarity for former executive director, Rudy Ramli.

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Wed, 22 Sep 1999

JP/JSK extends trading ban on three firms

JSK extends trading ban on three firms JAKARTA (JP): The Jakarta Stock Exchange (JSX) said on Tuesday that a suspension on trading of Bank Bali, PT Citra Marga Nusaphala Persada (CMNP) and PT Semen Cibinong shares would stay in place until the three companies fully disclosed their respective ...

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Wed, 22 Sep 1999

JP/'Serious mistakes' seen in audit report

'Serious mistakes' seen in audit report JAKARTA (JP): Chief of the Supreme Audit Agency (BPK) Satrio B. Yudono said on Tuesday that there were "many serious mistakes" in the PricewaterhouseCoopers (PwC) audit report on the Bank Bali scandal.

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Wed, 22 Sep 1999

JP/Dyer fooling no one but himself

Dyer fooling no one but himself I refer to Gwynne Dyer's From Bravo Minus to East Timor on page 5 of the Sept. 20 The Jakarta Post.Mr. Dyer is fooling himself and amusing the rest of us by claiming that NATO planned "a massive ground assault in Kosovo" and that "they would have done it".

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Wed, 22 Sep 1999

JP/Customs officials find 2.62kg heroin hidden in shoes

Customs officials find 2.62kg heroin hidden in shoes JAKARTA (JP): Customs and excise officials at the Soekarno- Hatta International Airport arrested a 21-year-old Indonesian girl and her 25-year-old brother for allegedly attempting to smuggle 2.

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Wed, 22 Sep 1999

JP/Ambon death toll rises to seven

Ambon death toll rises to seven AMBON, Maluku (JP): The death toll from Monday's clash in Auhuru subdistrict here rose to at least seven after two more people died of their injuries and another body was discovered on Tuesday.Staff members at the private Dr.

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Wed, 22 Sep 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: Wild Wild West 14:15 16:55 19:05 21:15 Runaway Bride 14:55 17:35 19:45 21:55 Big Daddy 14:15 16:55 19:05 21:15 Entrapment 14:55 17:35 19:45 ...

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Wed, 22 Sep 1999

JP/Shots fired at Australian Embassy

Shots fired at Australian Embassy JAKARTA (JP): National Police detectives have said they have no leads on the identity of those responsible for firing shots on Monday evening at three empty offices of the Australian Embassy on Jl. Rasuna Said, South Jakarta."We have no idea who the shooters are.

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Wed, 22 Sep 1999

JP/Magician muddle

Magician muddle I feel obliged to make a correction concerning my letter Tourism is important printed in the Sept. 12 edition of The Jakarta Post.In the first paragraph, I mentioned a show by the famous magician "Furukawa". His name is actually John Hirokawa. A.

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Wed, 22 Sep 1999

JP/Officials puzzled over empty class

Officials puzzled over empty class BOGOR (JP): Head of Bogor's ministry of education and culture office, Akos K.M., said his office has run out of ideas for persuading street children and underaged workers to attend informal classes.

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Wed, 22 Sep 1999

JP/Cellular phone airtime rates raised by 23 percent

Cellular phone airtime rates raised by 23 percent JAKARTA (JP): After more than two months of opposition, the government and House of Representatives have agreed to raise airtime rates for regular cellular phone services by 23 percent from the current Rp 325 per minute to Rp 400.

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Wed, 22 Sep 1999

JP/City plans to manage terminals

City plans to manage terminals TANGERANG (JP): The local municipal administration office plans to regulate the estimated dozens of unauthorized intercity bus terminals and unlicensed bus ticket booths that are increasing here.

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Wed, 22 Sep 1999

JP/PPRC vows to build plant at Pare-Pare

PPRC vows to build plant at Pare-Pare JAKARTA (JP): Pare Pare Refining Corporation (PPRC) reconfirmed on Tuesday its plan to start developing a US$4.6 billion refinery next year in Pare-Pare, South Sulawesi.

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