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

Wed, 26 Jul 2000

JP/Islamic banks sign syndicated loan deal

Islamic banks sign syndicated loan deal JAKARTA (JP): Bank Muamalat, Bank Syariah Mandiri, both of which operate under Islamic banking principles, and Bank IFI inked a Rp 70 billion (US$8.

More ...

Wed, 26 Jul 2000

JP/Bambang joins Ernst & Young

Bambang joins Ernst & Young JAKARTA (JP): Former minister of finance Bambang Subianto has joined global consultant firm Ernst & Young, Hanadi, Sarwoko & Sandjaja, the company announced on Monday.

More ...

Wed, 26 Jul 2000

JP/Romo relatives lose court case

Romo relatives lose court case YOGYAKARTA: Relatives of the late essayist and novelist Y.B. Mangunwijaya (Romo Mangun) lost on Tuesday any legal claim to the deceased's estate which was bequeathed to a church and an educational foundation.

More ...

Wed, 26 Jul 2000

JP/Bazis collects more alms, donations

Bazis collects more alms, donations JAKARTA (JP): In spite of the economic crisis, the Jakarta Agency for Islamic Tax, Alms and Donations (Bazis Jakarta) collected Rp 8.1 billion (US$862,000) from Muslims in the capital during the year ended March 31.The figure is 20 percent higher than the Rp 6.

More ...

Wed, 26 Jul 2000

JP/Muslim cleric shot dead in Pandeglang

Muslim cleric shot dead in Pandeglang PANDEGLANG, West Java (JP): A local leader of the Hizbullah Front Muslim organization was shot dead by a group of four unidentified men armed with a pistol and an automatic weapon here on Monday evening.

More ...

Wed, 26 Jul 2000

JP/'Radio Klasik'

'Radio Klasik' Radio Klasik, the only radio station in Jakarta broadcasting (Western) classical music, was deprived of its frequency on July 24. In the preceding week hundreds of sympathizers phoned and faxed into the station to express their grief about the absence of classical music on radio.

More ...

Wed, 26 Jul 2000

JP/Customs officials foil drug smuggling

Customs officials foil drug smuggling TANGERANG (JP): Customs and excise officials at Soekarno-Hatta International Airport foiled on Saturday an attempt to smuggle over 10,000 ecstasy pills to Thailand, a police officer revealed on Tuesday.Soekarno-Hatta Airport Police substation chief Asst. Supt.

More ...

Wed, 26 Jul 2000

JP/Commerce unites Arabs and Israelis in West Bank town

Commerce unites Arabs and Israelis in West Bank townBy Houssam Ezzedine MAS'HAH, West Bank (AFP): Indifferent to the negotiations underway at Camp David and the prospects of further violence in the West Bank, Israelis hurry in their hundreds to Palestinian merchant stands here in search of one ...

More ...

Wed, 26 Jul 2000

JP/Activists assert rights of people in SE Asia

Activists assert rights of people in SE Asia BANGKOK (JP): Human rights activists from member states of the Association of Southeast Asian Nations (ASEAN) called on Tuesday on the regional grouping to truly prioritize the needs and rights of the peoples in the region.

More ...

Wed, 26 Jul 2000

JP/New social safety net to cost Rp 876b

New social safety net to cost Rp 876b JAKARTA (JP): The government will launch in September a three- month social safety net program worth Rp 876 billion (US$96.2 billion) to help victims of the prolonged economic crisis, the program's information center said in a statement on Tuesday.

More ...

Wed, 26 Jul 2000

JP/ASEAN Troika not designed for Maluku, says Alwi Shihab

ASEAN Troika not designed for Maluku, says Alwi Shihab BANGKOK (JP): Indonesia affirmed on Tuesday its support for the newly formed ASEAN Troika mechanism designed to cope with transborder issues, but stressed that it would not accept the new mechanism in the bloody sectarian conflict in its ...

More ...

Wed, 26 Jul 2000

JP/What next for the Supreme Court?

What next for the Supreme Court? The House of Representatives has submitted 17 candidates for Supreme Court justices to the President. The Jakarta Post talked to former justice Adi Andojo Sutjipto who now heads the independent anti-corruption team.

More ...

Wed, 26 Jul 2000

JP/Decisive action desperately needed on Malukus

Decisive action desperately needed on MalukusBy Lee Kim Chew SINGAPORE: Desperate for help, Christians in the Malukus had for months appealed to the Indonesian government to allow foreign intervention to stop the sectarian conflict, but no one in Jakarta heeded them.

More ...

Wed, 26 Jul 2000

JP/Masked men rob engineering company

Masked men rob engineering company BOGOR (JP): Five masked men armed with daggers robbed an engineering and construction company in Leuwinutug, a police officer said on Tuesday.Bogor Police detective First Sgt. Dwi said the robbery had caused the company Rp 100 million in losses.

More ...

Wed, 26 Jul 2000

JP/Pertamina says gas supply to return to normal today

Pertamina says gas supply to return to normal today JAKARTA (JP): The capital was hit by a scarcity of gasoline on Tuesday but state-owned oil and gas company Pertamina gave assurances that the supply would return to normal beginning Wednesday.

More ...

Wed, 26 Jul 2000

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Jul. 25, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

More ...

Wed, 26 Jul 2000

JP/Golkar deplores students demo

Golkar deplores students demo SEMARANG: Golkar deplored students from a local Islamic university on Tuesday for conducting a rowdy demonstration, which included burning the party's flags.

More ...

Wed, 26 Jul 2000

JP/Good corporate governance vital for privatization: WB

Good corporate governance vital for privatization: WB JAKARTA (JP): The negative perception foreign investors have of Indonesia's corporate governance has hampered the privatization of state companies, a World Bank official said on Tuesday.

More ...

Wed, 26 Jul 2000

JP/Yuana can expect a struggle in Olympics

Yuana can expect a struggle in Olympics JAKARTA (JP): Indonesia's best hope in the tae kwon do competition at the Olympic Games, Juana Wangsa Putri, will be severely tested by athletes from Chinese Taipei and the United States, her coach, South Korean Oh Il-nam, said on Tuesday.

More ...

Wed, 26 Jul 2000

JP/Wanted: Clean judges

Wanted: Clean judges The more Indonesia strives to become a state based on law, it seems, the more we find that the country is sorely lacking in good and honest judges to administer the courts. This may come across as pathetic but, unfortunately, it is a sad reality.

More ...

Wed, 26 Jul 2000

JP/Wahid's battle with parliament

Wahid's battle with parliament English history might not be every Asian student's cup of tea, but it does have its uses. Indonesia's President Abdurrahman Wahid might do well to dust off his set of Lord Macauley's and flip to the section on that old Stuart king, Charles I.Mr.

More ...

Wed, 26 Jul 2000

JP/School janitor killed in Aceh

School janitor killed in Aceh BANDA ACEH, Aceh: A school janitor was found dead in unusual circumstances in the Samudra district of North Aceh on Monday.A worker at Lhokseumawe General Hospital said the body of 55- year-old Misrianto Zakaria was brought in by policemen from Nisam district.

More ...

Wed, 26 Jul 2000

JP/Mayor asked to restore order to Melawai area

Mayor asked to restore order to Melawai area JAKARTA (JP): City councillors from Commission B on economic affairs have urged the South Jakarta mayoralty and the city-owned market operator PD Pasar Jaya to make serious efforts to restore order at the popular Plaza Melawai market compound which has ...

More ...

Wed, 26 Jul 2000

JP/Governor addresses new city employees

Governor addresses new city employees JAKARTA (JP): Governor Sutiyoso welcomed 1,477 employees from the Jakarta offices of four downgraded ministries which were transferred to his administration under Law No. 22/1999 on regional autonomy.

More ...

Wed, 26 Jul 2000

JP/Wanted: An effective opposition

Wanted: An effective opposition Functional Group (Golkar) Party Chairman Akbar Tanjung stated recently that "... the former ruling party will in the future consider becoming an opposition party to provide Indonesia with a more balanced political system" (The Jakarta Post, July 20, 2000).

More ...

Wed, 26 Jul 2000

JP/Fahmi falls in singles, advances in doubles

Fahmi falls in singles, advances in doubles JAKARTA (JP): Indonesian Yusmawan Fahmi failed in the second round of the Extra Joss Men's Future 4 tournament singles event after bowing out to sixth seed Rik de Voest of South Africa 7-5, 2-6, 3-6 on Tuesday at the Kemayoran tennis center.

More ...

Wed, 26 Jul 2000

JP/China's merger mania revives state reforms

China's merger mania revives state reformsBy Bill Savadove BEIJING (Reuters): China has put reforms to its overwhelmingly dominant state sector back on track with two high-profile mergers in the power and aviation industries, but analysts said on Tuesday it still has a long way to go.

More ...

Wed, 26 Jul 2000

JP/Govt to swap bank recapitalization bonds: Minister

Govt to swap bank recapitalization bonds: Minister JAKARTA (JP): The government plans to reduce the country's bank recapitalization bonds by swapping some for performing loans under the management of the Indonesian Bank Restructuring Agency (IBRA), Minister of Finance Bambang Sudibyo said on ...

More ...

Wed, 26 Jul 2000

JP/Four firms may be delisted

Four firms may be delisted JAKARTA (JP): The Jakarta Stock Exchange (JSX) has threatened to delist four companies if they do not submit their audited December 1999 financial statements to the JSX by the end of this week.

More ...

Wed, 26 Jul 2000

JP/Universal enters telebanking

Universal enters telebanking JAKARTA (JP): Bank Universal announced on Tuesday the launch of its new telebanking service to allow customers to make transactions anywhere and anytime over the telephone.

More ...

Wed, 26 Jul 2000

JP/EC envoy to visit Indonesia

EC envoy to visit Indonesia JAKARTA (JP): European Commissioner for trade Pascal Lamy will visit Indonesia and Singapore from Thursday to Saturday to obtain support for a new round of WTO negotiations and to explain the European Union's position, according to a press statement.

More ...

Wed, 26 Jul 2000

JP/Pupuk Kaltim awaits Bapepam approval for IPO

Pupuk Kaltim awaits Bapepam approval for IPO JAKARTA (JP): The registration statement for the initial public offering (IPO) of state-owned fertilizer company PT Pupuk Kaltim has been submitted to the Capital Market Supervisory Agency (Bapepam), a senior government official said on Tuesday.

More ...

Wed, 26 Jul 2000

JP/Thai food promotion a mouth-watering experience

Thai food promotion a mouth-watering experienceBy Mehru Jaffer JAKARTA (JP): Ekarat Ungkunchai, 34, and Suradech Damapong, 23, at first were a little apprehensive about visiting Jakarta.

More ...

Wed, 26 Jul 2000

JP/PKB calls on nation to support Gus Dur until 2004

PKB calls on nation to support Gus Dur until 2004By Ainur R. Sophiaan and Ahmad Junaidi SURABAYA (JP): The National Awakening Party (PKB) plans to issue a statement at the conclusion of its congress on Friday calling on the nation to support President Abdurrahman Wahid through the completion of ...

More ...

Wed, 26 Jul 2000

JP/Sutiyoso defends policy on street people operation

Sutiyoso defends policy on street people operation JAKARTA (JP): Governor Sutiyoso defended on Tuesday his decision to launch a massive operation against street people in the capital.He said he was not pretending when he announced his intention to establish security and order in the capital.

More ...

Wed, 26 Jul 2000

JP/Rates for tax payment, valid from July 24 to July 30

Rates for tax payment, valid from July 24 to July 30 U.S. dollar 1 Rp 8,845.00Austrian schilling 1 593.93Australian dollar 1 5,097.37Belgian franc 1 206.60Canadian dollar 1 5,970.70Swiss franc 1 5,278.

More ...

Wed, 26 Jul 2000

JP/Jakarta safe for MPR session: Juwono

Jakarta safe for MPR session: Juwono JAKARTA (JP): Security authorities have anticipated the possibility of attempts by certain groups to destabilize the capital during next month's People's Consultative Assembly (MPR) General Session, Minister of Defense Juwono Sudarsono said.

More ...

Wed, 26 Jul 2000

JP/Attenborough's 'Shadowlands' at Kine Klub

Attenborough's 'Shadowlands' at Kine KlubBy Gatot Prakosa JAKARTA (JP): I never knew that love could hurt so much/ yet I love you and all I want is to love you.. That was the heart's weeping of famous author C.S.(Jack) Lewis, who didn't find his true love until he was in his 50s.

More ...

Wed, 26 Jul 2000

JP/Kuwait heals invasion scars but fails in modernization

Kuwait heals invasion scars but fails in modernizationBy Omar Hasan KUWAIT CITY (AFP): Although Kuwait has healed the scars of Iraq's invasion, the oil-rich emirate has yet to open up a decade later, with key economic reforms kept on hold against a backdrop of rising Islamic conservatism.

More ...

Wed, 26 Jul 2000

JP/Military told to be loyal to state

Military told to be loyal to state JAKARTA (JP): Major House of Representatives factions warned the Indonesian Military (TNI) on Tuesday to pledge its allegiance to the state, instead of merely serving the government's interests.

More ...

Wed, 26 Jul 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC Crouching Tiger 14:15 17:20 20:25 Here on Earth 14:55 17:35 19:45 21:55 Me, My Self and Irene 14:15 16:55 19:05 21:15 Reindeer Games 14:55 17:35 19:45 21:55 Shanghai Noon ...

More ...

Wed, 26 Jul 2000

JP/Time blurs West's vision of a stable Balkans

Time blurs West's vision of a stable BalkansBy Philippa Fletcher SARAJEVO (Reuters): A year ago this week, world leaders gathered in Sarajevo among buildings damaged by shells and gunfire and pledged to banish war from Europe forever.

More ...

Wed, 26 Jul 2000

JP/Amien, Akbar want extended Yogyakarta political summit

Amien, Akbar want extended Yogyakarta political summit JAKARTA (JP): People's Consultative Assembly (MPR) Speaker Amien Rais and House Speaker Akbar Tandjung have confirmed their attendance at the Yogyakarta summit scheduled for Aug.

More ...

Wed, 26 Jul 2000

JP/Six big firms shortlisted for Indosat mobile phone project

Six big firms shortlisted for Indosat mobile phone project JAKARTA (JP): Six major phone companies have been shortlisted to help state-owned international telephone operator PT Indosat launch its mobile phone business next month.

More ...

Wed, 26 Jul 2000

JP/Acehnese rally for referendum

Acehnese rally for referendum JAKARTA (JP): About 1,000 Acehnese rallied in front of the presidential palace on Jl. Medan Merdeka Utara in Central Jakarta on Tuesday, urging the government to hold a referendum in the province.

More ...

Wed, 26 Jul 2000

JP/Australian scholarships for Indonesia to continue

Australian scholarships for Indonesia to continue JAKARTA (JP): Despite the turbulence in its relations with Indonesia, Australia is maintaining its cooperation in the educational field with its Asian neighbor.

More ...

Wed, 26 Jul 2000

JP/RP hostage crisis enters 4th month, no end in sight

RP hostage crisis enters 4th month, no end in sightBy Mynardo Macaraig JOLO, Philippines (AFP): The Philippine hostage crisis entered its fourth month Monday, with Abu Sayyaf Muslim rebels still holding several dozen hostages in their jungle lair on the southern island of Jolo.

More ...

Wed, 26 Jul 2000

JP/ASEAN voices support for RI's territorial integrity

ASEAN voices support for RI's territorial integrityBy Meidyatama Suryodiningrat BANGKOK (JP): Indonesia scored a diplomatic triumph here on Tuesday when the foreign ministers of the Association of Southeast Asian Nations (ASEAN) included an expression of support for the country's territorial ...

More ...

Wed, 26 Jul 2000

JP/Int'l union steps into Sony row

Int'l union steps into Sony row JAKARTA (JP): An international union has stepped into the dispute surrounding the dismissal of 928 workers from PT Sony Electronics Indonesia.

More ...

Wed, 26 Jul 2000

JP/Where to go in Surabaya

Where to go in SurabayaExhibitions * Photo Exhibition at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), until July 30. * Design Exhibition at CCCL - French Cultural Center, Aug. 8 - 26.PerformanceMusic Concert: Oranje Choir at Hotel Majapahit, Mandarin Oriental, Jl.

More ...

Wed, 26 Jul 2000

JP/U.S. govt threatens to seize RI assets over OPIC dispute

U.S. govt threatens to seize RI assets over OPIC dispute JAKARTA (JP): The United States might seize Indonesian assets if it fails to settle the US$290 million claim made by the U.S government's Overseas Private Investment Corp. (OPIC), U.S. Ambassador Robert Gelbard said here on Tuesday.

More ...

Wed, 26 Jul 2000

JP/RI military searching for killers of NZ soldier

RI military searching for killers of NZ soldier JAKARTA (JP): Two Army companies have been deployed to the East Timor border to hunt down militiamen who murdered a New Zealand member of the UN peacekeeping force in East Timor, a senior Indonesian Military (TNI) officer said on Tuesday.

More ...

Wed, 26 Jul 2000

JP/Egyptian ambassador reflects on time spent in Indonesia

Egyptian ambassador reflects on time spent in Indonesia On the occasion of Egypt's 48th national day on July 23, The Jakarta Post's Kosasih Deradjat recently interviewed outgoing Egyptian envoy Abdel Rahim Shalaby, who has been posted in Jakarta for two and a half years.

More ...

Wed, 26 Jul 2000

JP/Following whatever Gus Dur says

Following whatever Gus Dur says As a comment on responses by a number of factions in the House of Representatives (DPR) to the President answers to the interpellation on July 20, 2000, as widely reported in the media, the writer very much deplores the responses given by members of the National ...

More ...

Wed, 26 Jul 2000

JP/Officer corroborates Ismail's testimony in fake money case

Officer corroborates Ismail's testimony in fake money case JAKARTA (JP): A police witness alleged on Tuesday the Ministry of Defense was involved in the Rp 19.2 billion (US$2.1 million) counterfeit case currently being tried.Sr. Insp. R.

More ...

Wed, 26 Jul 2000

JP/Jihad Force in Maluku illegal: Juwono

Jihad Force in Maluku illegal: Juwono JAKARTA (JP): Minister of Defense Juwono Sudarsono said the Indonesian Military and National Police would no longer tolerate the Jihad Force's armed activities in the country.

More ...

Wed, 26 Jul 2000

JP/Fitness supplements - do they work?

Fitness supplements - do they work?By Clare E. Urwin SURABAYA (JP): Throughout history, athletes have experimented with "performance enhancers" to give them an edge on their opponents. Greek Olympians evidently used strychnine and hallucinogenic mushrooms to "focus" before their events.

More ...

Wed, 26 Jul 2000

JP/Govt warned against annulling debt deals

Govt warned against annulling debt deals JAKARTA (JP): President Abdurrahman Wahid's economic advisors warned the government on Tuesday against arbitrarily annulling the debt-settlement agreements already concluded by indebted bankers and the Indonesian Bank Restructuring Agency (IBRA) in late ...

More ...

Wed, 26 Jul 2000

JP/Govt to suspend 12 firms for igniting forest fire

Govt to suspend 12 firms for igniting forest fire JAKARTA (JP): The government will suspend the operations of 12 plantation firms in North Sumatra and Riau which are alleged to have started forest fires which have caused smoke to engulf parts of the region, an official at the Ministry of Forestry ...

More ...

Wed, 26 Jul 2000

JP/TV today

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

More ...

Wed, 26 Jul 2000

JP/PTMSI must improve competitions: Anton

PTMSI must improve competitions: Anton JAKARTA (JP): Newly installed officials of the Indonesian Table Tennis Association (PTMSI) are expecting to be able to intensify local tournaments at home.

More ...

Wed, 26 Jul 2000

JP/Integrated drug rehabilitation

Integrated drug rehabilitation JAKARTA (JP): Detoxification to clean up a drug addict's body is just the beginning of a long and winding course of therapy before an addict can return to society, a seminar has concluded."To become physically drug free is easy.

More ...

Wed, 26 Jul 2000

JP/Local McDonald's serves up support for Olympic team

Local McDonald's serves up support for Olympic team JAKARTA (JP): The National Sports Council (KONI) chairman Wismoyo Arismunandar may complain that the government pays little attention to sports, but people throughout the country have proved themselves otherwise.

More ...

Wed, 26 Jul 2000

JP/Ten years lost, more bleak decades to come for Iraq

Ten years lost, more bleak decades to come for IraqBy Haro Chakmakjian DUBAI (AFP): With 10 years already lost under sanctions since the disastrous invasion of Kuwait, Iraq faces several more bleak decades to come with or without President Saddam Hussein.

More ...

Wed, 26 Jul 2000

JP/Golkar as an opposition party?

Golkar as an opposition party? Golkar chairman Akbar Tandjung stated earlier Golkar was ready to become the opposition but following doubts expressed by other party officials the statement has been retracted. Political analyst J. Soedjati Djiwandono looks further into the issue.

More ...

Find news items by date