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

Tue, 24 Apr 2001

JP/Relocating House plenary session?

Relocating House plenary session? The front page story of The Jakarta Post of April 18, 2001 titled DPR plenary session could be relocated shocked me. I read it three times to make sure that I had read it right.

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Tue, 24 Apr 2001

JP/Jordan foreign minister's visit to Israel

Jordan foreign minister's visit to Israel Foreign Minister Abdul-Ilah Khatib's high profile visit to Israel on Monday cannot be considered a diplomatic victory, but also cannot be considered a failure.

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Tue, 24 Apr 2001

JP/Court to hear 2nd Ginandjar suit

Court to hear 2nd Ginandjar suit JAKARTA (JP): The South Jakarta District Court will open on Wednesday the trial to hear a lawsuit filed by former minister of mines and energy Ginandjar Kartasasmita over a second arrest warrant issued by the Attorney General's Office.

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Tue, 24 Apr 2001

JP/Secret forest plays key role in Balikpapan's future

Secret forest plays key role in Balikpapan's futureBy Lisa Rogers BALIKPAPAN, East Kalimantan (JP): Just up the main road from the bustle of Balikpapan is a hidden treasure.

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Tue, 24 Apr 2001

JP/Relaxing the rules

Relaxing the rules Malaysia's Human Rights Commission is unlikely to persuade the country's government to scrap the Internal Security Act when it is such a useful tool for suppressing dissent.

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Tue, 24 Apr 2001

JP/Mining investments worth $200m stuck in legal limbo

Mining investments worth $200m stuck in legal limbo JAKARTA (JP): Between US$200 million to $300 million in mining investments remain stuck in a legal limbo caused by a forestry law banning mining activities in protected forests, the Indonesian Mining Association (IMA) said on Monday.

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Tue, 24 Apr 2001

JP/Language of love

Language of love No words can adequately express the feelings of happiness and harmony one obtains upon hearing Dada J.P. Vaswani, the Indian philosopher, mentor and preacher of peace. He personifies humility, and radiates an abundance of pure love.

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Tue, 24 Apr 2001

JP/Stories from the streets: Be street smart

Stories from the streets: Be street smart JAKARTA (JP): There are only two kinds of people: those who have ATM cards and those who do not.At least that is what Bagus T., the owner of a business that sells public transportation tickets through Automated Teller Machines (ATMs), believes.

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Tue, 24 Apr 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 10:00 Music 11:00 Regional News 12:00 p.m.

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Tue, 24 Apr 2001

JP/Ex-Taiwan president an old friend of Japan

Ex-Taiwan president an old friend of JapanBy Benjamin Kang Lim TAIPEI (Reuters): The "scum of the nation" as Beijing calls Lee Teng-hui, had a knack for goading Chinese leaders into fury while he was Taiwan president.

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Tue, 24 Apr 2001

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 23, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades ...

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Tue, 24 Apr 2001

JP/Arafat juggles support for intifada and world opinion

Arafat juggles support for intifada and world opinionBy Ezzedine Said JERUSALEM (AFP): After almost seven months of blazing violence, Palestinian leader Yasser Arafat finds himself caught between a rock and a hard place -- trying not to lose the support of the Palestinian street by vowing to ...

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Tue, 24 Apr 2001

JP/Differentiate or die

Differentiate or dieBy Yuswohady JAKARTA (JP): The above title is the title of Jack Trout's latest book published last year.Jack Trout, as you may still remember, is the guru of positioning who, with Al Ries in 1969, invented a marketing concept that is powerful today. It is called positioning.

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Tue, 24 Apr 2001

JP/Koizumi surge reflects sense of crisis

Koizumi surge reflects sense of crisis TOKYO: Former Health and Welfare Minister Junichiro Koizumi is taking an overwhelming lead in the prefectural preliminaries of the Liberal Democratic Party's presidential election, making it almost certain he will become the next LDP president.

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Tue, 24 Apr 2001

JP/The World Bank -- again

The World Bank -- again On April 17, 2001 The Jakarta Post carried my letter Babies and corruption in which I said that in canceling the US$300 million poverty alleviation loan, the World Bank had made it clear it had found corruption in the program.

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Tue, 24 Apr 2001

JP/Conflict of farm survival, stability

Conflict of farm survival, stabilityBy H.S. Dillon and S.R. Tabor JAKARTA (JP): Both food security and macroeconomic stability are important, and both suffer sometimes from overly complicated definitions.

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Tue, 24 Apr 2001

JP/Mobisel investing $200m to install CDMA technology

Mobisel investing $200m to install CDMA technology JAKARTA (JP): Cellular operator PT Mobile Selular Indonesia (Mobisel) will invest US$200 million to replace its current analog Nordic Mobile Telephone (NMT) technology with the more advanced digital technology of Code Division Multiple ...

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Tue, 24 Apr 2001

JP/Mahfud dismisses threats of resistance by GAM

Mahfud dismisses threats of resistance by GAM JAKARTA (JP): Minister of Defense Mahfud M.D. dismissed on Monday, as a "bluff", threats of all-out resistance against Jakarta troops by separatist rebels in the restive province of Aceh.

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Tue, 24 Apr 2001

JP/Harsher penalties needed to protect creative rights

Harsher penalties needed to protect creative rights JAKARTA (JP): Minister of Justice and Human Rights Baharuddin Lopa said on Monday that intellectual property rights issues are only understood by certain groups of people.

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Tue, 24 Apr 2001

JP/Ad hoc human rights tribunal established

Ad hoc human rights tribunal established JAKARTA (JP): President Abdurrahman Wahid on Monday issued a decree on the establishment of an ad hoc tribunal to prosecute two major cases of human rights abuses, the 1984 Tanjung Priok violence and the massacres in East Timor in 1999.In his decree No.

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Tue, 24 Apr 2001

JP/Security authorities gear up for upcoming major political events

Security authorities gear up for upcoming major political events JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono said on Monday that the security authorities had taken all necessary measures to prevent chaos in the capital in connection with ...

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Tue, 24 Apr 2001

JP/Rp 400 m for Matraman youths

Rp 400 m for Matraman youths JAKARTA (JP): The East Jakarta Mayoralty has allocated Rp 400 million for the second phase of an outbound project for youths in the Matraman area in a bid to change their juvenile behavior that has led to pointless brawls.

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Tue, 24 Apr 2001

JP/Telkom employees stage protest

Telkom employees stage protest YOGYAKARTA: Hundreds of employees of the regional division office (Divre) IV of state-run telecommunications company PT Telkom, which covers Yogyakarta and Central Java provinces, staged a protest here on Monday opposing the sale of company assets to PT Indosat.

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Tue, 24 Apr 2001

JP/Five killed in fresh violence

Five killed in fresh violence AMBON, Maluku: Fresh violence broke out in Ambon, killing five people and injuring two others, officials said on Monday.Ambon Sector security chief Col. N.G.

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Tue, 24 Apr 2001

JP/Army officer charged with JSX bomb blast

Army officer charged with JSX bomb blast JAKARTA (JP): An Army non-commissioned officer went on trial on Monday for his alleged involvement in last year's bombing of the Jakarta Stock Exchange (JSX) building on Jl. Jend.

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Tue, 24 Apr 2001

JP/People oppressed by 'greed levies'

People oppressed by 'greed levies' YOGYAKARTA (JP): People are being overburdened by levies imposed by local administrations trying to increase their regional revenues, says a Yogyakarta-based political observer.

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Tue, 24 Apr 2001

JP/IMF, govt reach agreement on difficult fiscal issue

IMF, govt reach agreement on difficult fiscal issue JAKARTA (JP): The International Monetary Fund told Indonesia's main international donors, who gathered here on Monday for a two- day meeting, it had reached a broad agreement with the government on resolving the country's crucial fiscal deficit ...

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Tue, 24 Apr 2001

JP/Libel trial begins against man claiming to have bribed justices

Libel trial begins against man claiming to have bribed justices JAKARTA (JP): The trial opened on Monday in the Central Jakarta District Court of a defamation lawsuit filed by two Supreme Court justices against a middleman who claimed to have bribed them in order to win a case.

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Tue, 24 Apr 2001

JP/'GO' beats 'Tempo' 7-0

'GO' beats 'Tempo' 7-0 JAKARTA (JP): GO sports tabloid showed off its power in an overwhelming 7-0 victory over Tempo weekly magazine on the second day of The Jakarta Post 18th anniversary soccer tournament.In an earlier match on Monday, Inter Admark topped Borobudur Hotel 3-0.

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Tue, 24 Apr 2001

JP/Epson targets 50% sales increase

Epson targets 50% sales increase JAKARTA (JP): PT Epson Indonesia, the marketing arm of Japanese firm Seiko Epson Corp, is aiming for a 50 percent increase in sales to US$33 million this year from $22 million in the previous year.

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Tue, 24 Apr 2001

JP/Govt to revise ministerial decree on compensation

Govt to revise ministerial decree on compensation JAKARTA (JP): The government will revise controversial Ministerial Decree No. 150/2000 on Compensation for dismissed or resigning employees and make it more investor-friendly, Minister of Manpower and Transmigration Al Hilal Hamdi said on Monday.

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Tue, 24 Apr 2001

JP/Adaro targets output of 19m tons

Adaro targets output of 19m tons JAKARTA (JP): Coal mining company PT Adaro Indonesia has planned to increase its output to 19 million tons of coal this year, up from 16 million tons in 2000, amid stronger world demand for the commodity.Adaro general manager A.H.

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Tue, 24 Apr 2001

JP/Quaint feel to epicenter of Sri Lanka's bitter conflict

Quaint feel to epicenter of Sri Lanka's bitter conflictBy Scott McDonald JAFFNA, Sri Lanka (Reuters): The quaint provincial feel of Jaffna city, the epicenter of Sri Lanka's bitter civil war, masks the ethnic seismic fault running under it.

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Tue, 24 Apr 2001

JP/Megawati consents second censure

Megawati consents second censure JAKARTA (JP): Vice President and Indonesian Democratic Party of Struggle (PDI Perjuangan) chairperson Megawati Soekarnoputri has given consent for her party, the largest faction in the national legislature, to support the issuance of a second memorandum of censure ...

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Tue, 24 Apr 2001

JP/Fifty rally at CGI pre-session

Fifty rally at CGI pre-session JAKARTA (JP): Some 50 activists from several non-governmental organizations staged a rally here on Monday protesting the Consultative Group on Indonesia (CGI), which, they claim, had aggravated the situation in the country.

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Tue, 24 Apr 2001

JP/Yogyakarta Labuhan ritual honors an ancient queen

Yogyakarta Labuhan ritual honors an ancient queenBy Tarko Sudiarno YOGYAKARTA (JP): The waves, four times the height of an adult man, came crashing down on the hundreds of people gathered on Parangkusumo beach, Bantul, Yogyakarta.

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Tue, 24 Apr 2001

JP/Pick of the Flicks

Pick of the FlicksHollywood KC Hannibal 14:15 16:55 19:05 21:15 Miss Congeniality 14:55 17:35 19:45 21:55 The Gift 14:15 16:55 19:05 21:15 Thirteen Days 14:55 17:35 19:45 21:55 What Women Want ...

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Tue, 24 Apr 2001

JP/The wealth of civil servants

The wealth of civil servants For all its shortcomings, the recent publication by the Public Servants' Wealth Audit Commission of the personal wealth owned by President Abdurrahman Wahid and Vice President Megawati Soekarnoputri must be commended as a first step in the right direction.

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Tue, 24 Apr 2001

JP/Kadera workers demand probe results from city police

Kadera workers demand probe results from city police JAKARTA (JP): At least 80 people representing several non- governmental organizations (NGOs) marched to city police headquarters on Monday, demanding police thoroughly investigate the Feb. 29 attack on PT Kadera AR Indonesia workers.

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Tue, 24 Apr 2001

JP/Where to go in Bandung:

Where to go in Bandung:Exhibitions* Traditional and Modern Art Collaboration, by Kalingga Gallery the lobby of Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 4231631), 9 a.m. to 9 p.m., until April 30. * Sculpture: Para Rupa, by Toni Kanwa, CCF - French Cultural Center, Jl.

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Tue, 24 Apr 2001

JP/EU ministers enter enlargement debate

EU ministers enter enlargement debateBy Nick Antonovics MALMO, Sweden (Reuters): European Union finance ministers on Saturday waded into the debate on the bloc's coming enlargement by airing their concerns about the economic impact.

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Tue, 24 Apr 2001

JP/Governor criticized for budget allocation

Governor criticized for budget allocation JAKARTA (JP): City councillors on Monday criticized the administration's failure to make optimum use of its budget, arguing that most of the money went to needless programs rather than essential development initiatives.

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Tue, 24 Apr 2001

JP/TPJ repairs old valves

TPJ repairs old valves JAKARTA (JP): Tap water joint venture PT Thames PAM Jaya (TPJ) is repairing and undertaking maintenance work on main pipe valves for the first time since they were installed 80 years ago.

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Tue, 24 Apr 2001

JP/Rupiah rate April 23

Rupiah rate April 23 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 11,200.00 12,200.00 11,641.00 11,759.

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Tue, 24 Apr 2001

JP/Thaksin must take care with Malaysian ties

Thaksin must take care with Malaysian tiesBy Kavi Chongkittavorn BANGKOK: A week ahead of Prime Minister Thaksin Shinawatra's visit to Malaysia, his security advisers have leaked the details of his agenda with his Malaysian counterpart, Mahathir Mohamad.

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Tue, 24 Apr 2001

JP/Two arrested for bogus money

Two arrested for bogus money DENPASAR, Bali: Police arrested two people on Monday on suspicion of possessing and passing counterfeit money.Police made the arrest after receiving a complaint from a cigarette vendor in Kuta. The vendor, I.G.P.

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Tue, 24 Apr 2001

JP/Rates for tax payment, valid from April. 23 to April.29

Rates for tax payment, valid from April. 23 to April.29 U.S. dollar 1 Rp 10,795.00Austrian schilling 1 Rp 691.93Australian dollar 1 Rp 5,433.12Belgian franc 1 Rp 236.02Canadian dollar 1 Rp 6,901.

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Tue, 24 Apr 2001

JP/The sword that hangs heavy over Asia

The sword that hangs heavy over AsiaBy William Choong SINGAPORE: Amid the debate raging about the deployment of a national missile defense (NMD) system in Washington last summer, French President Jacques Chirac made a telling remark about the viability of such a system.

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Tue, 24 Apr 2001

JP/Shangri-La union executives seek international support

Shangri-La union executives seek international support JAKARTA (JP): The Shangri-La Independent Worker Union (SPMS) is looking for international support in its fight against Shangri-La Hotel management.

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Tue, 24 Apr 2001

JP/Schools allowed to close over fear of unrest

Schools allowed to close over fear of unrest JAKARTA (JP): Schools across the capital will be allowed to close if they think it necessary in anticipation of unrest if and when the House of Representatives (DPR) issues its expected second rebuke of President Abdurrahman Wahid next Monday.

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Tue, 24 Apr 2001

JP/SEAG organizers face tender allegation

SEAG organizers face tender allegation JAKARTA (JP): With the event less than five months away, the organizing committee of the Kuala Lumpur Southeast Asian (SEA) Games is facing an allegation of tender irregularities.

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Tue, 24 Apr 2001

JP/Woman reports robbery in unlicensed taxi to police

Woman reports robbery in unlicensed taxi to police JAKARTA (JP): A woman on Monday filed a report with the police stating that she had been robbed in a chartered private sedan at Soekarno-Hatta International Airport.

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