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

Fri, 26 Mar 1999

JP/Spaniard's photos on show

Spaniard's photos on show JAKARTA (JP): A charity photography exhibition by Spanish photographer Paco Corral, was opened on Wednesday by Spanish Ambassador Antonio Segura Moris in the lobby of the Gran Melia hotel in Kuningan, South Jakarta.

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Fri, 26 Mar 1999

JP/RI receives Japan's grant

RI receives Japan's grant JAKARTA (JP): The Japanese government agreed on Wednesday to provide Indonesia with a 2.87 billion yen (US$24 million) grant.

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Fri, 26 Mar 1999

JP/10 prisoners convicted of 1965 coup attempt freed

10 prisoners convicted of 1965 coup attempt freed JAKARTA (JP): The government released four aging former members of the outlawed Indonesian Communist Party (PKI) from Cipinang Prison in East Jakarta on Thursday.

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Fri, 26 Mar 1999

JP/RI trying to cut maternal mortality rate

RI trying to cut maternal mortality rateBy Rita A. Widiadana JAKARTA (JP): Wearing a tight red dress, a singer appears from the back of a glittering stage with a message for husbands to treat their pregnant wives more affectionately.

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Fri, 26 Mar 1999

JP/RI regrets NATO bombing

RI regrets NATO bombing JAKARTA (JP): Indonesia expressed regret on Thursday at the overnight air strike by the North Atlantic Treaty Organization (NATO) on Yugoslavia, urging parties to settle the Kosovo crisis through negotiations.

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Fri, 26 Mar 1999

JP/University students plan to hold meeting in Bali

University students plan to hold meeting in Bali JAKARTA (JP): University students from across the country are scheduled to hold a five-day forum at the University of Udayana in Bali beginning on Sunday to formulate a new platform for Indonesia.

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Fri, 26 Mar 1999

JP/Health system on 'the brink of collapse' in East Timor

Health system on 'the brink of collapse' in East Timor JAKARTA (JP): The health system in East Timor is at risk of collapse if the exodus of doctors from the province is not stemmed and replacement doctors provided, AusAID warned.

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Fri, 26 Mar 1999

JP/Habibie's doctor named as professor

Habibie's doctor named as professor JAKARTA (JP): Dr. Nurhay Abdurrahman, a female member of the presidential medical team, has been installed as a permanent professor at the Internal Disease Department at the University of Indonesia.President B.J.

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Fri, 26 Mar 1999

JP/Govt prepares bill to check money laundering, tax evasion

Govt prepares bill to check money laundering, tax evasion JAKARTA (JP): The government is drafting a financial transaction report bill designed to thwart money laundering, tax evasion and corrupt practices.

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Fri, 26 Mar 1999

JP/You win some, you lose some

You win some, you lose some Life is full of compromises. One can't be a winner all the time. Sometimes you win, sometimes you lose. The desirable and the feasible may not always converge.At every stage in life, there is a need to make compromises.

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Fri, 26 Mar 1999

JP/Shakespeare shakes the big screen

Shakespeare shakes the big screenBy Dini S. Djalal JAKARTA (JP): Two writers, both alike in dignity, in fair Hollywood, where we lay our scene.

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Fri, 26 Mar 1999

JP/Analysts express doubts about KPU's credibility

Analysts express doubts about KPU's credibility JAKARTA (JP): Fears of conflict of interest within the General Elections Commission (KPU) and the likely domination of lower level state officials during the electoral process were raised in a discussion on the KPU's credibility here on Thursday.

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Fri, 26 Mar 1999

JP/Madurese no longer wanted, say Sambas locals

Madurese no longer wanted, say Sambas locals SINGKAWANG, West Kalimantan (JP): Minister of Defense and Security/ Armed Forces Commander Gen. Wiranto visited the riot- torn West Kalimantan regency of Sambas where he met refugees, residents and troops on Thursday.

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Fri, 26 Mar 1999

JP/Winters receives death threat

Winters receives death threat JAKARTA (JP): The United States of America Embassy received a death threat targeting American scholar Jeffrey A. Winters, lawyer Todung Mulya Lubis confirmed on Thursday.

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Fri, 26 Mar 1999

JP/Persebaya crushes PSIS to move into semifinals

Persebaya crushes PSIS to move into semifinals JAKARTA (JP): Semarang-based PSIS played lackadaisically in the fifth Indonesian Soccer League (Ligina) playoffs at the Senayan soccer stadium on Thursday, handing Persebaya Surabaya a 3-0 victory and a place atop the Group I standings.

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Fri, 26 Mar 1999

JP/Election of deputy governor disputed

Election of deputy governor disputed JAKARTA (JP): The process of electing a deputy governor for economic and financial affairs still is adjourned because city councilors and city administration officials cannot agree on the rules of the election process, councilors said.

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Fri, 26 Mar 1999

JP/KPU ruling referred to Supreme Court

KPU ruling referred to Supreme Court JAKARTA (JP): President B.J. Habibie referred to the Supreme Court on Thursday the recent ruling of the General Elections Commission (KPU) banning political parties from using state officials in their campaigns.

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Fri, 26 Mar 1999

JP/LDP denies pledge to aid Golkar scheme

LDP denies pledge to aid Golkar scheme JAKARTA (JP): Japan's Liberal Democratic Party (LDP) has denied providing a commitment of financial assistance to the Golkar Party, Japan's envoy to Indonesia Takao Kawakami said on Thursday.

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Fri, 26 Mar 1999

JP/Foreign investment permits ready in less than a month

Foreign investment permits ready in less than a month JAKARTA (JP): Simplification of licensing means foreign investment licenses can now be issued in less than a month, a minister said on Thursday.

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Fri, 26 Mar 1999

JP/Security on the alert for Habibie's visit

Security on the alert for Habibie's visit BANDA ACEH, Aceh (JP): Military troops stepped up security measures on the eve of President B.J. Habibie's planned arrival here as thousands of students staged protests on Thursday.

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Fri, 26 Mar 1999

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Charity Photo Exhibition: A Glance at Indonesia by Paco Corral, at the Gran Melia Hotel, Jl. H.R. Rasuna Said kav. X-0, Kuningan, South Jakarta, until April 4. * Photo Exhibition: Revolution, at Galeri Foto Jurnalistik Antara, Jl. Antara No.

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Fri, 26 Mar 1999

JP/Aiming at the wrong target

Aiming at the wrong target (American Indonesia expert) Jeffrey A. Winters came to Indonesia for the launch of two of his books -- both new and superb in content and use of the Indonesian language. The public's response has been most favorable.

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Fri, 26 Mar 1999

JP/TV dramas delivering health messages

TV dramas delivering health messages JAKARTA (JP): Kumia and Samsu love each other. But, when Samsu asks his girl friend to marry him, Kumia is reluctant. The idea of getting married and having babies frightens her. A few years ago, Kumia's mother died giving birth.

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Fri, 26 Mar 1999

JP/RI to send archers for warm-up in Arizona

RI to send archers for warm-up in Arizona JAKARTA (JP): The Indonesian Archery Association (Perpani) will dispatch its top archers to compete in an open championships in Arizona to warm up for the 2000 Olympic Games qualifying rounds.

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Fri, 26 Mar 1999

JP/Toba activists respond to business concerns

Toba activists respond to business concerns JAKARTA (JP): The business community should accept the need for industries to be environmentally friendly, an executive of a foundation focusing on Lake Toba in North Sumatra said.

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Fri, 26 Mar 1999

JP/Imported rice damaged

Imported rice damaged JAKARTA (JP): At least 38 tons of rice imported from Thailand in January were damaged by sea water during shipment to East Sumba in East Nusa Tenggara, a local government official said.

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Fri, 26 Mar 1999

JP/'Wayang' performance shows art in new light

'Wayang' performance shows art in new lightBy Putu Wirata DENPASAR, Bali (JP): A combination of Balinese wayang (puppet shadow play), dalang (puppetry) and modern film technology resulted in a unique performance called wayang listrik (electric wayang).

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Fri, 26 Mar 1999

JP/Popular vocational school building in poor condition

Popular vocational school building in poor condition JAKARTA (JP): The condition of state-run Aviation Vocational High School (SMK Penerbangan 29) buildings on Jl. Jokosutono, South Jakarta, is so poor that hundreds of students are afraid to study there.

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Fri, 26 Mar 1999

JP/RI tourists to HK increases

RI tourists to HK increases JAKARTA (JP): The number of Indonesians visiting Hong Kong rose by 28.1 percent in February this year compared to the same period last year, the Hong Kong Tourist Association (HKTA) said in a press release.

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Fri, 26 Mar 1999

JP/NATO, shame on you!

NATO, shame on you! NATO's declaration of war on Serbia is something the whole world should be ashamed of. After 10 years of isolation and economic warfare against them, Serbs are hardly a difficult target for mighty and ruthless NATO, and they do not even pretend to be.

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Fri, 26 Mar 1999

JP/Log shortage no threat to plywood exports: Apkindo

Log shortage no threat to plywood exports: Apkindo JAKARTA (JP): The Association of Indonesian Wood Panel Producers (Apkindo) reassured Japanese buyers on Thursday that a domestic shortage of logs would not hurt the plywood supply to the country.

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Fri, 26 Mar 1999

JP/Golkar challenges KPU's decision on campaigning

Golkar challenges KPU's decision on campaigning JAKARTA (JP): The Golkar Party's Jakarta chapter questioned on Thursday the authority of the General Elections Commission (KPU) to prohibit ministers from campaigning.

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Fri, 26 Mar 1999

JP/McDermott tipped to win W. Natuna project

McDermott tipped to win W. Natuna project JAKARTA (JP): The West Natuna gas consortium announced on Thursday that PT McDermott Indonesia, the Indonesian unit of the American contractor McDermott Corporation, is a strong contender for the construction of a 650-kilometer underwater pipeline ...

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Fri, 26 Mar 1999

JP/N. Korea wins U.S. concessions

N. Korea wins U.S. concessions In the second of an occasional series of articles on the deteriorating situation on the Korean peninsula, The Jakarta Post's Asia correspondent Harvey Stockwin takes a look at the most recent agreement reached between North Korea and the United States, and suggests ...

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Fri, 26 Mar 1999

JP/RI forex reserves at $14.51b

RI forex reserves at $14.51b JAKARTA (JP): Indonesia's net foreign exchange reserves increased to US$14.51 billion in the week ending on March 23 from $14.39 billion the previous week, Bank Indonesia announced on Thursday.

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Fri, 26 Mar 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: Shakespeare In Love 14:15 16:55 19:05 21:15 Thin Red Line 14:30 17:50 21:10 Soldier 14:55 17:35 19:45 21:55 Enemy Of The State 14:15 16:55 19:05 ...

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Fri, 26 Mar 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 Morning News 7:00 Children's Songs 7:30 Cartoon 8:00 Music 8:30 Documentary 9:00 Music 10:00 Interval 2:00 p.m.

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Fri, 26 Mar 1999

JP/Govt seals off Timor and Humpuss buildings

Govt seals off Timor and Humpuss buildings JAKARTA (JP): City authorities will seal off the disputed Timor and Humpuss buildings owned by the widely diversified Humpuss Group on Jl. Medan Merdeka Timur in Central Jakarta on Friday, an official said.

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Fri, 26 Mar 1999

JP/Fired workers want more severance pay

Fired workers want more severance pay JAKARTA (JP): At least 120 dismissed workers of PT Taat Subur Fortuna in Citeureup, Bogor, demanded on Thursday the company increase their severance pay according to existing manpower regulations.

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Fri, 26 Mar 1999

JP/Astra one step closer to debt solution

Astra one step closer to debt solution JAKARTA (JP): PT Astra International, the country's largest automotive firm, won approval from the majority of its shareholders on Thursday to restructure US$946 million and Rp 900 billion ($101 million) in debt.

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Fri, 26 Mar 1999

JP/New values vs old

New values vs old In the present age of reform, Indonesians have to be prepared for the unavoidable struggle between old and new values.

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Fri, 26 Mar 1999

JP/Lubricant prices increase

Lubricant prices increase JAKARTA (JP): State oil and gas company Pertamina has raised the price of lubricant oils by 55 percent starting from Wednesday, the company said on Thursday.

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Fri, 26 Mar 1999

JP/Spoiled food consumed by many

Spoiled food consumed by many BANJARNEGARA, Central Java (JP): Eleven residents of Plorengan village in Banjarnegara regency fell unconscious after consuming tempe bongkrek (fermented tofu cake) for lunch on Thursday.

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Fri, 26 Mar 1999

JP/New central bank law to limit BI's financing facility

New central bank law to limit BI's financing facility JAKARTA (JP): The proposed central bank law, expected to be approved by the House of Representatives on Monday, will limit Bank Indonesia's support of banks facing liquidity problems, according to a central bank executive.

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Fri, 26 Mar 1999

JP/Nurdin faces new charges

Nurdin faces new charges UJUNGPANDANG, South Sulawesi: Victory celebrations over a dropped corruption case on Monday proved short lived for Golkar legislator and businessman Nurdin Halid, as he faces new criminal charges.Local police chief Col.

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Fri, 26 Mar 1999

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 25 , 1999: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 225 0 ...

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Fri, 26 Mar 1999

JP/Ambon refugees in Ujungpandang to be sent home

Ambon refugees in Ujungpandang to be sent home UJUNGPANDANG, South Sulawesi (JP): Thousands of refugees here from the riot-torn Maluku capital of Ambon are to be sent home because the situation in Ambon has returned to normal, military commander Maj. Gen. Suaidi Marasabessy said on Thursday.

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Fri, 26 Mar 1999

JP/Conversion Rates

Conversion Rates Bank Bali's conversion rates on March 25, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Fri, 26 Mar 1999

JP/KPU opts to print 400m color ballot sheets

KPU opts to print 400m color ballot sheets JAKARTA (JP): To avoid voter confusion between party logos, the General Elections Commission (KPU) decided on Thursday to color print the 400 million ballot papers containing 48 party logos.

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