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

Tue, 26 Mar 2002

JP/Function takes precedence over technology

Function takes precedence over technologyJonminofri Nazir, Contributor, Jakarta Last week a European automotive company introduced the latest technology: a single pedal car.

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Tue, 26 Mar 2002

JP/Direct polls expected to prevent bribery

Direct polls expected to prevent briberyAhmad Junaidi, The Jakarta Post, Jakarta Amid allegations of the city administration bribing councillors, observers proposed on Monday the implementation of direct gubernatorial elections for the city's next governor to prevent "money politics".

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Tue, 26 Mar 2002

JP/Mob ransacks PLN office in Lampung over outages

Mob ransacks PLN office in Lampung over outagesOyos Saroso, The Jakarta Post, Bandarlampung Incensed by continued power blackouts in the Lampung capital of Bandarlampung, a mob of at least 50 people ransacked the city's Tanjungkarang branch office of state-owned electricity firm Perusahaan ...

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Tue, 26 Mar 2002

JP/Megawati seeks investments from China

Megawati seeks investments from ChinaThe Jakarta Post, Beijing During President Megawati Soekarnoputri's second day in Beijing she solicited Chinese businesses to invest in Indonesia, pledging an end to the days of discrimination against the Chinese in the country which was now focusing its ...

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Tue, 26 Mar 2002

JP/Councils want law to recall members

Councils want law to recall membersAsip A. Hasani, The Jakarta Post, Yogyakarta The Association of Provincial Legislative Councils ended its two-day congress in Yogyakarta with a call for the reinstatement of political laws that allow political parties to fire or withdraw "rogue" members from ...

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Tue, 26 Mar 2002

JP/Truck drivers protest traffic rules

Truck drivers protest traffic rules BANDUNG: Around 1,500 truck drivers and container workers went on strike in the West Java capital of Bandung on Monday to protest against new regulations limiting the traffic of trucks carrying containers on the city's highway.

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Tue, 26 Mar 2002

JP/Shunned by investors

Shunned by investors The negative assessment of the Indonesian business climate given by most of the Japanese investors surveyed by the Japan Bank for International Cooperation (JBIC) last year is yet another sign that the country is still shunned by most foreign investors.

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Tue, 26 Mar 2002

JP/A fascist style

A fascist style Indonesia has a serious problem with militias, party-related and religion-oriented. The latest proof of this is the show of force by fascist-looking religious militants carrying offensive weapons outside the Philippines Embassy on March 21.

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Tue, 26 Mar 2002

JP/The potential investment destination of South Asia

The potential investment destination of South AsiaMahmudur Rahman, Executive Chairman, BOI Bangladesh is a moderate, democratic and homogeneous country. But being an eighth largest populated nation in the world, Bangladesh needs immediate attention from the strategic planners.

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Tue, 26 Mar 2002

JP/Bali police kill two alleged burglars

Bali police kill two alleged burglars DENPASAR, Bali: Police in the resort island of Bali shot dead two suspected burglars and severely injured a third in the Jimbaran area, about 27 kilometers from the provincial capital of Denpasar.

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Tue, 26 Mar 2002

JP/Workers plan strike against privatization

Workers plan strike against privatizationThe Jakarta Post Jakarta Telecommunications and postal workers have threatened to go on strike over plans to privatize international call operator PT Indosat, a move that could put serious pressure on the biggest fish on the government's privatization ...

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Tue, 26 Mar 2002

JP/Nigerian arrested for counterfeiting

Nigerian arrested for counterfeiting JAKARTA: Pamulang police officers in Tangerang arrested on Monday a Nigerian, Edurhe N., for forging US bank notes and other items.Edurhe, who lives on Jl.

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Tue, 26 Mar 2002

JP/Shunned by investors

Shunned by investors The negative assessment of the Indonesian business climate given by most of the Japanese investors surveyed by the Japan Bank for International Cooperation (JBIC) last year is yet another sign that the country is still shunned by most foreign investors.

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Tue, 26 Mar 2002

JP/Police arrest suspects, drugs still sold

Police arrest suspects, drugs still soldRendi A. Witular, The Jakarta Post, Jakarta The City police uncovered 160 drug cases and arrested 191 suspected drug users and dealers in Greater Jakarta from Feb. 24 to March 22.Of the suspects, 113 were categorized as drug dealers.

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Tue, 26 Mar 2002

JP/Defense urges ad hoc court to dismiss charges

Defense urges ad hoc court to dismiss chargesTiarma Siboro, The Jakarta Post, Jakarta Technicalities were again the order of the day for defense lawyers in the East Timor human rights violations trial as they challenged the legality of the charges on Monday.

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Tue, 26 Mar 2002

JP/A:

A: Reuters/Jean-Bernard SieberNEW PROTOTYPE: A model poses with the new Bertone prototype at the recent Geneva car show. The Bertones Concept explores design opportunities in the field of drive-by-wire technologies.

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Tue, 26 Mar 2002

JP/West Java prosecutors confiscate motorcycles

West Java prosecutors confiscate motorcyclesNana Rukmana, The Jakarta Post, Bandung West Java prosecutors probing a corruption case allegedly involving West Java Governor R. Nuriana have confiscated hundreds of motorcycles to be used as evidence, it was reported here on Monday.

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Tue, 26 Mar 2002

JP/Arab stance on Iraq logical

Arab stance on Iraq logical More and more countries have stated their objection to any U.S. plans to attack Iraq. Nevertheless, the U.S. apparently has not abandoned such plans. U.S. Vice President Dick Cheney visited the Middle East to try and convince Arab countries to back a U.S.

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Tue, 26 Mar 2002

JP/JP/12/BEJ

JP/12/BEJ .pl .rmStock prices on the Jakarta Stock Exchange (in Rupiah) on March 25, 2002 ------------------------------------------------------------------ Shares Close Change Volume ------------------------------------------------------------------ Ades ...

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Tue, 26 Mar 2002

JP/Where to go in Bandung for Tuesday, March 26, 2002

Where to go in Bandung for Tuesday, March 26, 2002Exhibition * Mizan Comics, CCF - French Cultural Center Bandung Jl.Purnawarman 32, April 2 - 3. Performances* Sundanese Traditional Drama: Si Kabayan Jeung Raja Jimbul (Kabayan and Jimbul King), Taman Budaya, Jl. Bukit Dago Selatan no. 53 A (Tel.

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Tue, 26 Mar 2002

JP/Appearance remains prime factor in car purchases

Appearance remains prime factor in car purchasesPaulus B. Suranto, Marketing Department Head, PT BMW Indonesia Remember the Toyota Starlet or the Honda Civic hatchback? Once in the not-too-distant-past of the 1980s, those types of automobiles were considered trendsetters.

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Tue, 26 Mar 2002

JP/Akbar defiant as his graft trial kicks off

Akbar defiant as his graft trial kicks offYogita Tahilramani, The Jakarta Post, Jakarta Corruption suspect and Golkar Party chief Abkar Tandjung was defiant on Monday, as he declared all corruption charges leveled against him to be untrue on the first day of his trial at the Central Jakarta ...

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Tue, 26 Mar 2002

JP/Legal snag threatens KPC divestment

Legal snag threatens KPC divestmentDebbie A. Lubis, The Jakarta Post, Jakarta An agreement for the sale of a majority stake in coal mining company PT Kaltim Prima Coal (KPC) to the province of East Kalimantan has hit a snag, as both buyer and seller remain at loggerheads over how to drop a ...

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Tue, 26 Mar 2002

JP/Cultural mosaic: Fascinating mixture of diverse ingredient

Cultural mosaic: Fascinating mixture of diverse ingredientA.U.M. Fakhruddin Synthesis of various elements has shaped the culture of the Bangladeshi people.

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Tue, 26 Mar 2002

JP/Kosteniuk vying for world championship title

Kosteniuk vying for world championship titleMusthofid, The Jakarta Post, Jakarta After ending up just one step shy of this year's world chess championship title, Alexandra Kosteniuk is looking ahead to 2003 with the mindset that it will be her turn.

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Tue, 26 Mar 2002

JP/House leaders to discuss Akbar's fate on Tuesday

House leaders to discuss Akbar's fate on TuesdayKurniawan Hari, The Jakarta Post, Jakarta Leaders of the House of Representatives (DPR) are set to hold a closed-door meeting on Tuesday to discuss whether House Speaker Akbar Tandjung, a suspect in a corruption case, should maintain his position ...

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Tue, 26 Mar 2002

JP/Bomb explosion shatters fragile peace in Poso

Bomb explosion shatters fragile peace in PosoErik W., The Jakarta Post, Palu A huge bomb explosion rocked the once strife-torn town of Poso in Central Sulawesi for the first time since both Muslim and Christian leaders signed a peace accord last December to end three years of sectarian fighting.

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Tue, 26 Mar 2002

JP/JP/11/J06

JP/11/J06 Canadian firm to invest US$5b in fish-processingThe Jakarta Post JakartaA Canadian company is ready to invest some US$5 billion for the development of a fish-processing business in Indonesia, an official said on Sunday.

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Tue, 26 Mar 2002

JP/Family reports stray shooting

Family reports stray shooting JAKARTA: A family reported the shooting of 14-year-old Yuli Anggraini by a stray bullet on March 14, to the National Police internal affairs at the headquarters on Monday.

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Tue, 26 Mar 2002

JP/House approves money laundering legislation

House approves money laundering legislationDadan Wijaksana, The Jakarta Post, Jakarta The House of Representatives passed a bill on money laundering into law on Monday, signaling the country's commitment to fighting the practice and shedding its image as a haven for money laundering.

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Tue, 26 Mar 2002

JP/Prosecutors named for Ginandjar's case

Prosecutors named for Ginandjar's case JAKARTA: The Attorney General's Office has set up a new team to resume investigation into alleged graft involving the deputy speaker of the People's Consultative Assembly (MPR), Ginandjar Kartasasmita, when he was minister of mines and energy between 1992 ...

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Tue, 26 Mar 2002

JP/Four killed near tourist attraction

Four killed near tourist attraction BANJARMASIN, South Sulawesi: Four senior high school students from Banjarmasin were killed after falling from a cliff near a popular tourist resort in Tanah Laut regency, South Kalimantan.

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Tue, 26 Mar 2002

JP/Workers protest on lay off plan

Workers protest on lay off plan BOGOR: Around 200 workers from PT. SGI, a motorcycle painting business, staged a protest in front of Bogor's social and labor agency office on Monday.The workers rejected the company's plan to lay off some workers who had joined the labor union at the company.M.

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Tue, 26 Mar 2002

JP/Artists show best of Czech graphic art

Artists show best of Czech graphic artCarla Bianpoen, Contributor, The Jakarta Post An important and beautiful exhibition of Czech graphic art opened recently at Cemara-6 Gallery in Jakarta, its second stop after Kuala Lumpur.

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Tue, 26 Mar 2002

JP/Fire razes 120 homes in North Sumatra

Fire razes 120 homes in North SumatraApriadi Gunawan, The Jakarta Post, Medan A fire raced through the Medan Maimoon subdistrict on Monday morning destroying approximately 120 homes, though there were no casualties.

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Tue, 26 Mar 2002

JP/Rupiah Rates March. 25

Rupiah Rates March. 25 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,319.00 9,319.00 9,868.00 9,770.

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Tue, 26 Mar 2002

JP/RI seeks to reschedule around $5.5b debt

RI seeks to reschedule around $5.5b debtThe Jakarta Post, Jakarta Finance Minister Boediono said that the government was seeking to reschedule some US$5.5 billion in sovereign debt maturing this year and next from the Paris Club of creditor nations."The amount is around $5.

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Tue, 26 Mar 2002

JP/No problem as a witness in Ancolgate: Sutiyoso

No problem as a witness in Ancolgate: SutiyosoThe Jakarta Post, Jakarta Governor Sutiyoso expressed his willingness on Monday to answer the Jakarta Prosecutor's Office summons related to a controversial foreign trip conducted by several city officials and councillors, dubbed "Ancolgate".

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Tue, 26 Mar 2002

JP/Drugs readily available at schools in Jakarta

Drugs readily available at schools in JakartaDamar Harsanto, The Jakarta Post, Jakarta Illegal trade of drugs is rampant in schools throughout the capital. Peer pressure and eagerness to try new things makes students easy prey for drug pushers.

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Tue, 26 Mar 2002

JP/Storm kills one, destroys 200 houses in Central Java

Storm kills one, destroys 200 houses in Central JavaAgus Maryono, The Jakarta Post, Banyumas Heavy rains and strong winds killed one person, injured five others and destroyed at least 200 houses in Banyumas and Purbalingga regencies, Central Java, on Sunday.

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Tue, 26 Mar 2002

JP/PDI Perjuangan party to back Endriartono as military chief

PDI Perjuangan party to back Endriartono as military chiefKurniawan Hari, The Jakarta Post, Jakarta The Indonesian Democratic Party of Struggle (PDI Perjuangan) faction in the House of Representatives appears to have thrown its support behind Army Chief of Staff Gen.

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Tue, 26 Mar 2002

JP/Singer's husband faces 15 months

Singer's husband faces 15 months JAKARTA: State prosecutors have recommended that the South Jakarta District Court sentence Edwin Nicolaas Rondonuwu, husband of noted singer Nur Afni Octavia, to 15 months' imprisonment for attacking her last year.

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Tue, 26 Mar 2002

JP/Govt mulls cut in subsidy for political parties

Govt mulls cut in subsidy for political partiesTiarma Siboro and A'an Suryana, The Jakarta Post, Jakarta Minister of Home Affairs Hari Sabarno hinted on Monday that the government was considering terminating a subsidy for political parties.

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Tue, 26 Mar 2002

JP/Number of investors begins to climb in city

Number of investors begins to climb in cityMuninggar Sri Saraswati, The Jakarta Post, Jakarta Though the amount of foreign investment coming into the capital has increased over the last two years, it still has not returned to pre-1997 levels.

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Tue, 26 Mar 2002

JP/TV Program: Tuesday March 26, 2002

TV Program: Tuesday March 26, 2002TVRI .TB.30" .90"5:00 a.m. Religious Teachings6:00 News 8:00 Environment8:30 Children's Program9:00 Cooking Program10:00 News11:00 Regional News11:30 Music1:00 p.m.

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Tue, 26 Mar 2002

JP/Direct gubernatorial election proposed to prevent money politics

Direct gubernatorial election proposed to prevent money politicsAhmad Junaidi The Jakarta Post Jakarta Amid allegations of the city administration bribing councillors, observers proposed on Monday the implementation of direct gubernatorial elections for the city's next governor to prevent ...

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Tue, 26 Mar 2002

JP/Workers plan strike against privatization program

Workers plan strike against privatization programThe Jakarta Post, Jakarta Telecommunications and postal workers have threatened to go on strike over plans to privatize international call operator PT Indosat, a move that could put serious pressure on the biggest fish on the government's ...

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Tue, 26 Mar 2002

JP/Political scenarios for Akbar Tandjung

Political scenarios for Akbar TandjungHeny Setyowati, Center for Reform and Democracy Studies, Jakarta The detention of Akbar Tandjung by the Attorney General's Office has caused quite a stir.

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Tue, 26 Mar 2002

JP/Indonesia told to promote reconciliation

Indonesia told to promote reconciliationAnnastashya Emmanuelle, The Jakarta Post, Jakarta A local human rights activist and legal expert said during a seminar on Monday the government should emulate South Africa's experience in promoting reconciliation to enable Indonesia to emerge from its ...

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Tue, 26 Mar 2002

JP/Rights body alleges AGO-TNI 'deals' in E. Timor cases

Rights body alleges AGO-TNI 'deals' in E. Timor casesA'an Suryana, The Jakarta Post, Jakarta The landmark human rights trial for atrocities in East Timor more than two years ago has commenced, but disappointment persists as the Attorney General's Office fails to prosecute the top leaders ...

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Tue, 26 Mar 2002

JP/JP/12/BEJ

JP/12/BEJ .pl .rmStock prices on the Jakarta Stock Exchange (in Rupiah) on March 25, 2002 ------------------------------------------------------------------ Shares Close Change Volume ------------------------------------------------------------------ Ades ...

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Tue, 26 Mar 2002

JP/Religious leaders delay planned visit to Ambon

Religious leaders delay planned visit to AmbonFabiola Desy Unidjaja, The Jakarta Post, Jakarta The religious leaders group delayed the planned visit to Ambon, the capital of Maluku, until next week as the government was completing the rehabilitation fund program for the strife-torn province, an ...

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