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

Sat, 27 Nov 1999

JP/The fiscal distress

The fiscal distress Congratulations on bringing attention and clarity to the looming fiscal liquidity crisis in Indonesia in your Nov. 20, 1999, editorial The fiscal distress.

More ...

Sat, 27 Nov 1999

Hamzah quits as minister JAKARTA (JP): President Abdurrahman Wahid announced here on Friday he had accepted the resignation of Hamzah Haz and had appointed Basri Hasanuddin to replace him as coordinating minister for people's welfare and poverty eradication.

More ...

Sat, 27 Nov 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 11:00 Interval 2:00 p.m.

More ...

Sat, 27 Nov 1999

JP/Fiskaragung declared bankrupt

Fiskaragung declared bankrupt JAKARTA (JP): The Jakarta Commercial Court declared publicly listed PT Fiskaragung Perkasa bankrupt on Friday after the salt producer failed to reach a debt restructuring agreement with its creditors.

More ...

Sat, 27 Nov 1999

JP/Obuchi supports RI reform efforts

Obuchi supports RI reform efforts JAKARTA (JP): Japanese Prime Minister Keizo Obuchi arrived here on Friday for a two-day working visit, thus giving him the distinction of being the first foreign leader to visit Indonesia since the election of Abdurrahman Wahid as president in October.

More ...

Sat, 27 Nov 1999

JP/Pick of the Flicks (for Saturday, Nov. 27, 1999)

Pick of the Flicks (for Saturday, Nov. 27, 1999)Hollywood KC End of Days 14:15 16:55 19:05 21:15 Nightwatch 14:55 17:35 19:45 21:55 Deep Blue Sea 14:15 16:55 19:05 21:15 The Thomas Crown Affair 14:55 17:35 19:45 ...

More ...

Sat, 27 Nov 1999

JP/E. Asian common market still decades away

E. Asian common market still decades awayBy Raju Gopalakrishnan MANILA (Reuters): A common market which links China, Japan and both Koreas to the tiger economies of Southeast Asia is a mouth- watering prospect for the region but one which is at least decades away.

More ...

Sat, 27 Nov 1999

JP/Kerebet village gains fame for its handicrafts

Kerebet village gains fame for its handicraftsBy Singgir Kartana YOGYAKARTA (JP): Kerebet is only a small and remote village in Yogyakarta yet it has great potential as one of the region's biggest handicraft producers.

More ...

Sat, 27 Nov 1999

JP/Govt insists on licensing more airlines

Govt insists on licensing more airlines JAKARTA (JP): The government defended on Friday a recent decision to allow more scheduled airlines to operate in the country.

More ...

Sat, 27 Nov 1999

JP/Algerian reconciliation in the balance

Algerian reconciliation in the balance The blues skies promised to Algeria for the past several months by (President) Abdelaziz Bouteflika are decidedly not in sight.

More ...

Sat, 27 Nov 1999

JP/Sutiyoso's office warns of scam

Sutiyoso's office warns of scam JAKARTA (JP): The city administration warned Jakarta residents on Friday about an illegal lottery in which a Kijang van prize was reportedly from Governor Sutiyoso's office.

More ...

Sat, 27 Nov 1999

JP/Syahnakri to prioritize repatriation of East Timorese refugees

Syahnakri to prioritize repatriation of East Timorese refugeesBy Lela E. Madjiah The following article is based on an interview with Maj. Gen. Kiki Syahnakri, Operation Assistant to Army Chief of Staff.

More ...

Sat, 27 Nov 1999

JP/Youths pray for peace, unity

Youths pray for peace, unity YOGYAKARTA: About 500 youths representing various religions grouped under the United People's Forum gathered at the Pagelaran hall in the Sultan's Palace compound on Friday to say prayers for national unity and peace.

More ...

Sat, 27 Nov 1999

JP/Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Nov. 26, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,164.00 7,236.00Australian dollar 1 4,559.

More ...

Sat, 27 Nov 1999

JP/'TVRI', 'RRI' to be self-financed

'TVRI', 'RRI' to be self-financed JAKARTA (JP): The state television station TVRI and radio station RRI will have to make profits and finance their expenditures in three years, following the closure of the information ministry.

More ...

Sat, 27 Nov 1999

JP/Rp 3 billion allocated to remove 'becak'

Rp 3 billion allocated to remove 'becak' JAKARTA (JP): The city administration introduced on Friday a new approach in its ambitious campaign to establish a becak (pedicab)-free Jakarta.

More ...

Sat, 27 Nov 1999

JP/Tunas Baru Lampung to go public next year

Tunas Baru Lampung to go public next year JAKARTA (JP): Crude palm oil (CPO) producer PT Tunas Baru Lampung will launch an initial public offering (IPO) in January next year to raise between Rp 173 billion (US$25 million) and Rp 322 billion to finance its expansion.

More ...

Sat, 27 Nov 1999

JP/WTO braces for new millennium of trade talks

WTO braces for new millennium of trade talksBy Tony Hartono WELLINGTON, New Zealand (JP): Ministers of all 134 World Trade Organization (WTO) members will meet in Seattle from Nov. 30 to Dec. 3 to launch a new millennium of trade negotiations.

More ...

Sat, 27 Nov 1999

JP/Manggarai floodgate prevents disaster

Manggarai floodgate prevents disasterBy Ida Indawaty Khouw Floods have been a perennial visitor to Jakarta since at least the 5th century. They are a recurrent nightmare for many city residents and an opportunity for fun for children.

More ...

Sat, 27 Nov 1999

JP/Export of excavated material

Export of excavated material We refer to your article Alert sounded in dumping of hazardous waste in RI dated Nov. 9, 1999 (page 2).

More ...

Sat, 27 Nov 1999

JP/Residents protest minivan strike

Residents protest minivan strike MAKASSAR, South Sulawesi: People living in the northern part of this provincial capital questioned on Friday the local government's slow-paced efforts in resolving a strike staged by hundreds of public minivan drivers.

More ...

Sat, 27 Nov 1999

JP/Islam forbids tie with jinn

Islam forbids tie with jinn Many changes have taken place in the country. Members of Nahdlatul Ulama (NU) are now seeking the assistance of jinn. On Nov.

More ...

Sat, 27 Nov 1999

JP/Incentives for investors

Incentives for investors It is certainly good to be an investor. Many countries are ready to grant them various incentives and special facilities, including tax privileges and special treatment, to encourage them to spend their money.

More ...

Sat, 27 Nov 1999

JP/Two teenage drug traffickers nabbed

Two teenage drug traffickers nabbed JAKARTA (JP): Police detectives from the Pasar Minggu Police subprecinct apprehended on Thursday two alleged shabu-shabu (crystal methamphetamine) traffickers on Jl. Purbaya in South Jakarta, a police report said.

More ...

Sat, 27 Nov 1999

JP/Don't expect much from Seattle trade meeting!

Don't expect much from Seattle trade meeting!By Jonathan Power LONDON (JP): In Sir Arthur Conan Doyle's The Hound of the Baskervilles, the great detective Sherlock Holmes lectures his faithful assistant, Watson, on the unlikely subject of free trade.

More ...

Sat, 27 Nov 1999

JP/Reopening of Bank of China office urged

Reopening of Bank of China office urged JAKARTA (JP): The Association of Indonesia-China Economic, Social and Cultural Cooperation called on the government on Friday to allow Bank of China to reopen its branch office in Jakarta. Chairman of the association Sukamdani S.

More ...

Sat, 27 Nov 1999

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 26, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

More ...

Sat, 27 Nov 1999

JP/TNI vows to get tough on separatists

TNI vows to get tough on separatists BANDUNG (JP): Despite growing opposition to repressive military measures, the Indonesian Military (TNI) kept up its tough talk against separatist threats on Friday by warning it would not tolerate actions which could undermine the state's integrity.

More ...

Sat, 27 Nov 1999

JP/Sigit, Halim remain in Hong Kong Open

Sigit, Halim remain in Hong Kong Open JAKARTA (JP): The new partnership of Sigit Budiarto and Halim Heryanto are Indonesia's sole hope in the US$30,000 Hong Kong Open final, after they easily defeated Chang Kim Wai and Hong Chien Hun of Malaysia 15-6, 15-7 in Friday's semifinals.

More ...

Sat, 27 Nov 1999

JP/Hasyim is Gus Dur's man, ulemas say

Hasyim is Gus Dur's man, ulemas say KEDIRI, East Java (JP): Hasyim Muzadi's election as chairman of Nahdlatul Ulama (NU) was cautiously welcomed by local and foreign observers on Friday, with some noting the victory attested to Abdurrahman Wahid's secure hold on the Muslim organization.

More ...

Sat, 27 Nov 1999

JP/Apartments, hotels prepare to face millennium bug

Apartments, hotels prepare to face millennium bug JAKARTA (JP): Apartment residents and hotel guests in the capital have been warned to reserve an adequate supply of water, keep emergency lighting on hand and to avoid using elevators at midnight on New Year's Eve.

More ...

Sat, 27 Nov 1999

JP/Only 4% of state banks' problem loans will be recovered: IBRA

Only 4% of state banks' problem loans will be recovered: IBRA JAKARTA (JP): Only 4 percent of the Rp 267 trillion (US$38.1 billion) in problem loans taken over by the government from state banks will eventually be recovered, the Indonesian Bank Restructuring Agency (IBRA) predicted on Friday.

More ...

Sat, 27 Nov 1999

JP/Mutilated woman 'murdered': Police

Mutilated woman 'murdered': Police JAKARTA (JP): The results of the autopsy on the partial remains of a woman found on Wednesday morning near Kota railway station in North Jakarta disclosed that she had been physically abused before being killed, a police officer said on Friday.

More ...

Sat, 27 Nov 1999

JP/ITTO donates $1.6m for forestry projects

ITTO donates $1.6m for forestry projects JAKARTA (JP): The International Tropical Timber Organization (ITTO) agreed on Thursday to provide a grant of US$1.6 million to support the government's efforts in promoting sustainable forest management.

More ...

Sat, 27 Nov 1999

JP/Ratih installed as presidential secretary

Ratih installed as presidential secretary JAKARTA (JP): President Abdurrahman Wahid installed his private assistant Ratih Kaniawan Hardjono in the newly created post of presidential secretary on Friday.

More ...

Sat, 27 Nov 1999

JP/JIFFest: A quality cinematic outing for capital's children

JIFFest: A quality cinematic outing for capital's childrenBy Tam Notosusanto JAKARTA (JP): The kids are certainly not left out at the Jakarta International Film Festival. They have their own shows to see: movies the festival's organizers have specially prepared for them.

More ...

Sat, 27 Nov 1999

JP/'Kidhung Kunthi' tells mothers' hardships

'Kidhung Kunthi' tells mothers' hardshipsBy Sri Wahyuni YOGYAKARTA (JP): Kunthi is endlessly praying and weeping, hoping that God can stop a duel between her two beloved sons Arjuna and Karna.But their fates are inevitable. One of them must die in the battle.

More ...

Sat, 27 Nov 1999

JP/Major drug haul in N. Sumatra

Major drug haul in N. Sumatra MEDAN (JP): North Sumatra Police have confiscated over one ton of dry cannabis in the last six months, with one-third of the haul seized Thursday morning.During a raid on Jl. Sering early Thursday, police seized 316 kilograms of cannabis, 145.

More ...

Sat, 27 Nov 1999

JP/Bank Mandiri security guard shot dead while mailing letter

Bank Mandiri security guard shot dead while mailing letter JAKARTA (JP): Central Jakarta and city police detectives spent at least two hours combing the Jl.

More ...

Sat, 27 Nov 1999

JP/Celebrating the new millennium in Yogya

Celebrating the new millennium in YogyaBy Asip A. Hasani YOGYAKARTA (JP): New Year's Eve is always a special time for many people, but the coming celebration is particularly remarkable because of it ushering in the new millennium.

More ...

Sat, 27 Nov 1999

JP/Wealth commission to prob 35,000 government officials

Wealth commission to prob 35,000 government officials JAKARTA (JP): The independent commission investigating the wealth of government officials will target 35,000 officials ranging from the President to top echelon state employees.

More ...

Sat, 27 Nov 1999

JP/S. Jakarta Court rejects Zarina's lawsuit on technical grounds

S. Jakarta Court rejects Zarina's lawsuit on technical grounds JAKARTA (JP): A South Jakarta District Court judge cited a legal technicality in dismissing on Friday the lawsuit filed by alleged drug trafficker Zarina Mirafsur against the city police.

More ...

Sat, 27 Nov 1999

JP/Who says Aceh is integral to RI?

Who says Aceh is integral to RI?By M. Yusuf Daud STOCKHOLM, Sweden (JP): The struggle of the oppressed peoples of the world for their right to self-determination has often been overshadowed by the notion of so-called "territorial integrity" and the principle of noninterference in the "internal ...

More ...

Sat, 27 Nov 1999

JP/38 killed in fresh violence in Ambon

38 killed in fresh violence in Ambon AMBON, Maluku (JP): As many as 38 people were killed in fresh violence which erupted on Thursday and continued into Friday in troubled Ambon.The list of victims made available at the Dr.

More ...

Sat, 27 Nov 1999

JP/Military accused of hiding bodies in mass graves

Military accused of hiding bodies in mass graves ATAMBUA, East Nusa Tenggara (JP): An Indonesian investigation team on alleged rights abuses in East Timor suggested on Friday that a middle-ranking army officer was responsible for removing and hiding 26 bodies in a mass grave near the East Timor ...

More ...

Sat, 27 Nov 1999

JP/Jaya Raya leads Aqua Masters

Jaya Raya leads Aqua Masters KUDUS, Central Java (JP): Jakarta-based Jaya Raya club dominated the Aqua Masters interclub national badminton championships at the Djarum Kudus hall on Thursday evening.Jaya Raya men's team defeated Djarum 3-1.

More ...

Sat, 27 Nov 1999

JP/Government to build tunnels to free city from floods

Government to build tunnels to free city from floods JAKARTA (JP): The central government is planning to build two water tunnels at Sukasari village in Bogor, some 40 kilometers east of here as a scheme to settle flood problems in the capital, an official said on Friday.

More ...

Sat, 27 Nov 1999

JP/Hasan to reform PASI if he is reelected

Hasan to reform PASI if he is reelected JAKARTA (JP): Chairman of the Indonesian Amateur Athletic Association (PASI) Muhammad "Bob" Hasan said on Friday he would reform the 49-year-old association should he be reelected for the 1999-2003 term.

More ...

Sat, 27 Nov 1999

JP/Teachers demand budget hike

Teachers demand budget hike SEMARANG: About 50 teachers who claimed to represent 250,000 members of the Indonesian Teachers Association (PGRI) rallied at the provincial legislature on Friday to demand a rise in the state budget allocated for education.

More ...

Sat, 27 Nov 1999

JP/Heiner wins Malaysia Challenge by default

Heiner wins Malaysia Challenge by defaultby Lukman Natanagara LANGKAWI, Malaysia (JP): Heavy rain prevented the final round of the Malaysia Challenge sailing championship, leading the organizing committee to award the event to Roy Heiner of the Netherlands, ranked 43rd, who upset the world number ...

More ...

Sat, 27 Nov 1999

JP/Sino-American deal on WTO: Win-win or win-lose solution?

Sino-American deal on WTO: Win-win or win-lose solution?By Harvey Stockwin The Sino-American deal on China's future World Trade Organization (WTO) membership was speedily sold to the world as a balanced and equitable arrangement.

More ...

Sat, 27 Nov 1999

JP/Latief summoned over Jamsostek scam

Latief summoned over Jamsostek scam JAKARTA (JP): The Jakarta Prosecutor's Office is scheduled to question former manpower minister Abdul Latief on Monday as a suspect in alleged corruption concerning state-owned social insurance company PT Jamsostek.

More ...

Sat, 27 Nov 1999

JP/Where to go in Jakarta: Saturday, Nov. 27, 1999

Where to go in Jakarta: Saturday, Nov. 27, 1999Festival November '99 * The festival features poetry, story readings, theaters, exhibitions, dances, and film, at Taman Ismail Marzuki (TIM), Jl. Cikini Raya 73, Central Jakarta. - Exhibitions, at 10 a.m. to 9 p.m.

More ...

Sat, 27 Nov 1999

JP/Women renew no violence call

Women renew no violence call SEMARANG: About 100 women grouped under the Joint Forum for Women's Rights distributed flowers to motorists and pedestrians on the city's main streets on Friday in the latest campaign against violence.

More ...

Sat, 27 Nov 1999

JP/IBRA asked to be responsible for Bank Bali decision

IBRA asked to be responsible for Bank Bali decision JAKARTA (JP): Bank Indonesia has demanded the Indonesian Bank Restructuring Agency (IBRA) be responsible over the decision to nationalize Bank Bali following a lawsuit against the central bank governor by the former owner of Bank Bali.

More ...

Sat, 27 Nov 1999

JP/Asia First

Asia First The summit of the Association of Southeast Asian Nations (ASEAN) in Manila this weekend is of great importance for the region and for Indonesia.

More ...

Sat, 27 Nov 1999

JP/Port police seize $1m shipment goods

Port police seize $1m shipment goods JAKARTA (JP): Tanjung Priok Port Police have arrested three men and confiscated millions of rupiah from them for their alleged roles in a recent robbery of 10 empty wooden shipment containers and diesel engines worth Rp 7 billion (US$1 million) from a ...

More ...

Sat, 27 Nov 1999

JP/Hasyim elected NU chairman, VP closes congress

Hasyim elected NU chairman, VP closes congress KEDIRI, East Java (JP): Vice President Megawati Soekarnoputri closed on Friday the Nahdlatul Ulama (NU) congress, which elected Hasyim Muzadi the new chairman in place of Abdurrahman Wahid.

More ...

Find news items by date