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

Sat, 23 Jan 1999

JP/Rational approach necessary

Rational approach necessary While soothsayers and fortune-tellers are popular in Indonesia, perhaps a rational approach to predicting the future would benefit this country more.

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Sat, 23 Jan 1999

JP/Caltex 'made dubious $190m business deal'

Caltex 'made dubious $190m business deal'By Johannes Simbolon JAKARTA (JP): PT Caltex Pacific Indonesia oil company has awarded a US$190 million cogeneration plant project to a company linked with Faisal Abda'oe, former president of state oil and gas company Pertamina, without competitive ...

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Sat, 23 Jan 1999

JP/Protest against alcohol in Timika

Protest against alcohol in Timika TIMIKA, Irian Jaya: More than 1,000 mothers and children on Friday protested in Indonesia's easternmost province of Irian Jaya against the use of alcohol, residents said.

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Sat, 23 Jan 1999

JP/Asian air transport to grow

Asian air transport to grow JAKARTA (JP): Rolls Royce plc, a giant manufacturer of airplane engines, has said it expects the Asia-Pacific region to become the world's largest air transport market within the next two decades.

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Sat, 23 Jan 1999

JP/Nation in transition poised for elections

Nation in transition poised for elections JAKARTA (JP): The following are the results of a survey on what the people think of the upcoming election, the story of which appears on Page 1.

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Sat, 23 Jan 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC Ants 14:15 16:55 19:05 21:15 Practical Magic 14:55 17:35 19:45 21:55 Strike 14:15 16:55 19:05 21:15 Best Men 14:55 17:35 19:45 21:55 Rush Hour 14:15 16:55 19:05 21:15 ...

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Sat, 23 Jan 1999

JP/Britain presses ahead with child prison plan

Britain presses ahead with child prison planBy Anna Tomforde LONDON (DPA): The British government is to press ahead with plans to set up special prisons for children aged between 12 and 14 despite strong criticism from social services and child protection groups.

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Sat, 23 Jan 1999

JP/Govt, House to drop civil servants issue

Govt, House to drop civil servants issue JAKARTA (JP): The government and senior legislators emerged from a high-level meeting on Friday saying that they had agreed to drop the contentious issue of civil servants' political rights from bills currently being deliberated by the House ...

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Sat, 23 Jan 1999

JP/Entering the multiparty system

Entering the multiparty systemBy Mulyana W. Kusumah JAKARTA (JP): Amid the protracted debate on political bills in the House of People's Representatives and the anticipated wide range of legal and political restrictions for the multi-party system, political parties have sprouted like mushrooms.

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Sat, 23 Jan 1999

JP/Remains of U.S. soldiers returned

Remains of U.S. soldiers returned JAYAPURA, Irian Jaya: The chief of staff of the Trikora Regional Military Command, Brig. Gen. Idris Gassing, handed over to U.S. authorities the remains of eight American airmen killed in what was then Dutch New Guinea during World War II.

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Sat, 23 Jan 1999

JP/Govt to lower CPO export tax to 40%

Govt to lower CPO export tax to 40% JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan reaffirmed on Friday his earlier promise that the export tax on crude palm oil (CPO) would be cut from the current 60 percent to as low as 40 percent.

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Sat, 23 Jan 1999

JP/SE Sulawesi to recruit 11,000 civilian militia

SE Sulawesi to recruit 11,000 civilian militia JAKARTA (JP): Southeast Sulawesi's provincial government is planning to recruit 11,661 trained civilian militiamen to help oversee the June 7 general election in the province.

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Sat, 23 Jan 1999

JP/Rupiah sinks further over riots; baht, peso also lose value

Rupiah sinks further over riots; baht, peso also lose value JAKARTA (JP): The country's beleaguered rupiah fell again on Friday hitting an intraday low of 9,050 against the U.S. dollar as continued riots weighed down the currency.

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Sat, 23 Jan 1999

JP/POSCO scandal politics, not business

POSCO scandal politics, not businessBy Kim Myong-hwan SEOUL (Reuters): A scandal involving the former chairman and more than a dozen executives of Pohang Iron and Steel Co (POSCO) is unlikely to hurt the company, analysts and industry sources say.

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Sat, 23 Jan 1999

JP/Conversion Rates

Conversion Rates Bank Bali's conversion rates on Jan. 22, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Sat, 23 Jan 1999

JP/Influx begins in earnest as crowds return to Jakarta

Influx begins in earnest as crowds return to Jakarta JAKARTA (JP): The capital has begun to groan under a massive influx of people returning to the city after celebrating the Muslim Idul Fitri holiday with relatives at home in Java and Sumatra.

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Sat, 23 Jan 1999

JP/TV Today: Saturday, Jan. 23, l999

TV Today: Saturday, Jan. 23, l999TVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 7:00 Children's Program: Lagu Anak Nusantara 7:30 TV Series 8:00 Music 8:30 Documentary 9:00 TV Drama: Diantara Dua Sisi 10:00 Interval 2:00 p.m.

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Sat, 23 Jan 1999

JP/Impeachment trial heads toward uncertainty

Impeachment trial heads toward uncertaintyBy Terence Hunt WASHINGTON (AP): After six days of rehearsed speeches, the U.S. Senate trial of President Bill Clinton now plunges into uncharted territory.No one knows what will emerge from 16 hours of unscripted questions from senators, beginning Friday.

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Sat, 23 Jan 1999

JP/Habibie appeals for clam over sensitive issues

Habibie appeals for clam over sensitive issues JAKARTA (JP): President B.J. Habibie urged the nation on Friday not to be easily provoked by rumors that manipulate polarizing issues such as religious and ethnic group differences and inter-group relations.

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Sat, 23 Jan 1999

JP/Moerdani joins Soeharto in visit to Tien's grave

Moerdani joins Soeharto in visit to Tien's grave JAKARTA (JP): Former president Soeharto and his 150-strong entourage, including former Armed Forces (ABRI) commander Gen. (ret) L.B. Moerdani, visited the grave of his late wife Tien in Giribangun, Surakarta, on Friday.

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Sat, 23 Jan 1999

JP/Brazil survived financial fray but forecast is reserved

Brazil survived financial fray but forecast is reservedBy Jean-Louis Doublet NEW YORK (AFP): Brazil appears to have weathered last week's financial storm, but the long-term forecast by U.S. economists for Brazil and Latin America is reserved.

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Sat, 23 Jan 1999

JP/City Hall workers ignore Sutiyoso warning

City Hall workers ignore Sutiyoso warning JAKARTA (JP): Hundreds of city administration employees paid no heed on Friday to Governor Sutiyoso's warning of punishment for those failing to show up for work after the Idul Fitri holiday.

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Sat, 23 Jan 1999

JP/BI hopeful interest rate to fall below 30% soon

BI hopeful interest rate to fall below 30% soon JAKARTA (JP): Bank Indonesia director Miranda Goeltom expressed optimism on Friday that domestic interest rates could fall to below 30 percent before the end of March as long as uncertainties in the political situation and the bank recapitalization ...

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Sat, 23 Jan 1999

JP/Holiday Inn has new suites

Holiday Inn has new suites JAKARTA (JP): Holiday Inn Resort Hotel Lombok announced on Friday the completion of 30 two-bedroom Mangsit suites, with four-star hotel standards for visitors.

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Sat, 23 Jan 1999

JP/Idul Fitri a real boom time for the fireworks business

Idul Fitri a real boom time for the fireworks businessBy Juliane Gunardono JAKARTA (JP): In the nights before Idul Fitri it was not only the morning prayers and predawn meals that kept Adi awake. It was also the fireworks.

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Sat, 23 Jan 1999

JP/Aussie consul may be expelled

Aussie consul may be expelled KUPANG, East Nusa Tenggara: The Australian Honorary Consul for East Nusa Tenggara Donald Eric van Cooten is likely to be expelled from the province as the provincial Ministry of Manpower has refused to issue a letter of recommendation for the extension of his visa ...

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Sat, 23 Jan 1999

JP/Cinangka villagers questioned over vandalism

Cinangka villagers questioned over vandalism JAKARTA (JP): Bogor police officers on Friday were still questioning dozens of Cinangka villagers following the destruction of the office of the local Ciampea subdistrict chief on the previous day.

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Sat, 23 Jan 1999

JP/Corruption in the sports business

Corruption in the sports business Corruption around the International Olympics Committee appears to be even worse than what the rumors indicated. Everything indicates that IOC members were bribed and that they willingly took advantage of their powerful positions.

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Sat, 23 Jan 1999

JP/Angry guards wreck cafes they once protected

Angry guards wreck cafes they once protected JAKARTA (JP): Twenty men hired to guard 170 street cafes in the National Monument (Monas) Park, Central Jakarta, looted and damaged the properties under their care after they were not given an Idul Fitri bonus, an officer said on Friday.Maj.

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Sat, 23 Jan 1999

JP/Rights observers appointed to Aceh

Rights observers appointed to Aceh JAKARTA (JP): The National Commission on Human Rights has appointed two liaison officers in Aceh to help record violations of human rights in the oil-rich province.The officers are Dahlan M.H.

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Sat, 23 Jan 1999

JP/La Nina, poor use of land complicate flood problems

La Nina, poor use of land complicate flood problemsBy M.M.I Ahyani BANDUNG (JP): Many regions in Indonesia, especially its urban centers, are suffering from the -- somewhat ironic -- problem of floods during the rainy season and a constant shortage of clean water.

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Sat, 23 Jan 1999

JP/Student's lawsuit against city police rejected

Student's lawsuit against city police rejected JAKARTA (JP): The South Jakarta District Court rejected on Friday a lawsuit filed by Indonesian Christian University student Edward Taurus Karo-karo against the city police for wrongful arrest.

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Sat, 23 Jan 1999

JP/Mysterious 'certain party'

Mysterious 'certain party' Ironically, one could say that of all the more than 100 newly founded parties, the so-called "certain party" seems to be the one which is most frequently mentioned and therefore the best known.

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Sat, 23 Jan 1999

JP/Death toll hits 45 in Maluku rioting

Death toll hits 45 in Maluku rioting JAKARTA (JP): Tension continued to grip residents of Maluku on Friday as the death toll from the three days of communal clashes there rose to 45, up significantly from the previous day's figure of 24, local police said.Maluku Police chief Col.

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Sat, 23 Jan 1999

JP/How long can Russia escape default?

How long can Russia escape default?By Brian Killen MOSCOW (Reuters): Russia has been let off the hook by the London Club of commercial creditors, but analysts say the threat of a sovereign debt default will linger for months.

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Sat, 23 Jan 1999

JP/Durian plantation

Durian plantation If I write about a coffee, tea or cashew plantation, the reader of this letter would think it nothing new, but if I write about a durian plantation then it is really something.An affluent conglomerate led by Mr. Hartawan (not his real name), prefers to keep a low profile.

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Sat, 23 Jan 1999

JP/Survey on election

Survey on election Confusion about democratic Survey area prospects in Indonesia Jkt Yogya Sby Dps Medan Total -------------------------------------------------------------------- The current government system is confusing 47.6 69.6 42.9 6.

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Sat, 23 Jan 1999

JP/Where to go in Jakarta: Saturday, Jan. 23, 1999

Where to go in Jakarta: Saturday, Jan. 23, 1999Exhibitions* Photo Exhibition: World Press Photo Exhibition: Erasmus Huis, Jl. HR Rasuna Said Kav.S-3, Kuningan, South Jakarta (Phone: 525 2321), Monday to Friday, 9 a.m. to 5 p.m., Saturday, 9 a.m. to 12 a.m., Jan. 27 - Feb. 11.

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Sat, 23 Jan 1999

JP/Floods hit villages in Riau

Floods hit villages in Riau PEKANBARU, Riau: A number of villages here and in Kampar district have been inundated following incessant rains over the past several days, Antara reported on Friday.

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Sat, 23 Jan 1999

JP/Forestry minister seeks to recover diverted funds

Forestry minister seeks to recover diverted funds JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said on Friday that he would do his best to recover all the Rp 23 billion (US$2.

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Sat, 23 Jan 1999

JP/Ex-governor robbed of his belongings

Ex-governor robbed of his belongings JAKARTA (JP): Central Jakarta Police detectives on Friday were still tracing the whereabouts of four thieves who stole cash and jewelry worth Rp 300 million from the house of the former governor of West Kalimantan, Sudjiman.

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Sat, 23 Jan 1999

JP/Hope for change lies with students not politicians

Hope for change lies with students not politicians More than 130 new political parties have sprouted up since May of last year when the reformation era was ushered in, but will the people entrust these parties with their hopes for democracy? According to the latest poll jointly conducted by The ...

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Sat, 23 Jan 1999

JP/Thai premier tackles critical questions

Thai premier tackles critical questionsBy Juergen Dauth SINGAPORE (DPA): Chuan Leekpai took over as Thai premier at the height of last year's financial crisis. The pundits forecast that he would be out in weeks, not months. Yet he has now held power for over a year.

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Sat, 23 Jan 1999

JP/Michael Breen's 'The Koreans' introduces overlooked people

Michael Breen's 'The Koreans' introduces overlooked peopleBy Edward Neilan TOKYO (JP): Many economic experts have been predicting that the first of the Asian Tigers to regain its pattern of growth toward prosperity after the Asian financial crisis will be South Korea.

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Sat, 23 Jan 1999

JP/From bad to worse?

From bad to worse? Doomsayers are having a field day in Indonesia at the moment: hardly a day goes by without an outburst of violence, big or small, disrupting the traditional composure that has for generations been one of the hallmarks of Indonesian society.

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Sat, 23 Jan 1999

JP/In favor of dialog

In favor of dialog There is ample reason to fear that street demonstrations will once again break out in the coming days. Police are reported to have already registered a long list of groups planning to stage such actions beginning next week.

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Sat, 23 Jan 1999

JP/Irianese want more than pledge of dialog

Irianese want more than pledge of dialog JAYAPURA, Irian Jaya (JP): Leading Irianese demanded on Friday an official explanation about the government's reported plan to hold a dialog with local community leaders, which would be aimed at defusing tension over demands for greater autonomy in ...

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Sat, 23 Jan 1999

JP/Israel's Netanyahu turns criticism to gain

Israel's Netanyahu turns criticism to gainBy Howard Goller JERUSALEM (Reuters): A prize fighter in the face of political adversity, Prime Minister Benjamin Netanyahu looks anything but a loser in the campaign for Israeli national elections on May 17.

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Sat, 23 Jan 1999

JP/Dead man's body identified

Dead man's body identified JAKARTA (JP): A tatoo helped family members identify the mutilated body of a man found on Wednesday in the Ciputat Baru housing complex in Tangerang.The man was identified as Endang Kusnadi, 34, a resident of Jl. Parkit in Kampung Sawah, Ciputat.

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Sat, 23 Jan 1999

JP/Delay elections, say Dayak people

Delay elections, say Dayak people PALANGKA RAYA, Central Kalimantan: Dayak tribal chiefs across the province have requested that the elections of a new governor for 1999-2004 be postponed until after the general election in June and the installment of a new legislative council, Antara said.

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