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

Find Article by Date

Find news items by date

Select Year:

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2015 2016 2017

Select Month:

1 2 3 4 5 6 7 8 9 10 11 12

Select Day:

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Searching for all articles published on 1998-10-28 ...

50 articles.

Wed, 28 Oct 1998

JP/Britain welcomes Indonesian government's new openness

Britain welcomes Indonesian government's new openness JAKARTA (JP): British Ambassador Robin Christopher has welcomed the political openness introduced by the Indonesian government despite the all-encompassing economic crisis, and called for discourses on democratization and human rights.

Wed, 28 Oct 1998

JP/Coach, sponsor pleased with Indonesia Open

Coach, sponsor pleased with Indonesia Open JAKARTA (JP): A foreign coach and the sponsor expressed their relief on Tuesday that the Badminton Association of Indonesia (PBSI) was proceeding with the Sanyo Indonesia Open badminton championships which starts on Wednesday.

Wed, 28 Oct 1998

JP/Bank Indonesia's net int'l reserves increase slightly

Bank Indonesia's net int'l reserves increase slightly JAKARTA (JP): Bank Indonesia's net international reserves increased by US$64.9 million to $13.9 billion in the week ending Oct. 23, up from $13.8 billion in the previous week, the central bank said on Tuesday.

Wed, 28 Oct 1998

JP/Youth Pledge Day

Youth Pledge Day Seventy years ago to the day, a group of young Indonesian nationalists representing a number of youth organizations met in a small, little publicized gathering in what was then Batavia, the capital of the Dutch East Indies -- now the present day Jakarta.

Wed, 28 Oct 1998

JP/Irian Jaya convicts 'underfed'

Irian Jaya convicts 'underfed' JAYAPURA, Irian Jaya: The head of a detention center here, Mashudi, requested visiting legislators recommend to the government an increase in the food allowance allocated to prisoners.

Wed, 28 Oct 1998

JP/Canada aids 'governance reform'

Canada aids 'governance reform' JAKARTA: Chairman of National Development Planning Board (Bappenas) Boediono and Canadian Ambassador Kenneth Sunquist signed on Tuesday two development assistance programs, including one on "governance reform", worth C$5 million (US$3.3 million).

Wed, 28 Oct 1998

JP/Rupiah remains firm, stocks rise slightly

Rupiah remains firm, stocks rise slightly JAKARTA (JP): The rupiah failed to continue its rally against the U.S. dollar on Tuesday, closing at 7,400, similar to its close on Monday, currency dealers said.

Wed, 28 Oct 1998

JP/U.S. helping Indonesian students studying in America and at home

U.S. helping Indonesian students studying in America and at home JAKARTA (JP): Fewer academic hours and exemptions on work restrictions are among the policies helping more than 12,000 Indonesians studying in the United States, American Ambassador to Indonesia Stapleton Roy said on Tuesday.

Wed, 28 Oct 1998

JP/Indonesia's Utut up and down at rapid chess

Indonesia's Utut up and down at rapid chess JAKARTA (JP): Indonesian Grand Master Utut Adianto suffered his second defeat in the US$48,000 Intercontinental Rapid Chess tournament at Cap d'Agde, France, on Tuesday.

Wed, 28 Oct 1998

JP/72,000 RI workers sent home from Malaysia

72,000 RI workers sent home from Malaysia JAKARTA (JP): A total of 72,191 Indonesians in Malaysia have been sent home to their places of origin in various parts of Indonesia, Antara quoted Malaysian authorities in Kuala Lumpur on Monday.

Wed, 28 Oct 1998

JP/ICMI defends Saefuddin over Hindu defamation

ICMI defends Saefuddin over Hindu defamation JAKARTA (JP): The influential Association of Indonesian Moslem Intellectuals (ICMI) came to the defense of its member State Minister of Food and Horticulture A.M.

Wed, 28 Oct 1998

JP/Tangerang entertainment center vandalized

Tangerang entertainment center vandalized TANGERANG (JP): Hundreds of residents damaged Shing-Shing Soo entertainment center in Jatake village, Jatiuwung district, on Monday night in protest over its reopening after being closed down by the authorities.

Wed, 28 Oct 1998

JP/Clerics announce holy war

Clerics announce holy war TANGERANG (JP): At least 100 prominent Moslem figures from the Tangerang regency branch of Islamic group Nahdlatul Ulama (NU) have pledged to mount a holy war against any parties trying to break up the country's Moslem society.

Wed, 28 Oct 1998

JP/Students report to military police

Students report to military police MEDAN, North Sumatra (JP): About 100 students of the Medan Institute of Technology (ITM) reported to the military police on Tuesday the arrest of four of their colleagues by police the day before.

Wed, 28 Oct 1998

JP/Good governance is a must

Good governance is a mustBy Aleksius Jemadu BANDUNG (JP): Oct. 28 is always a day for reflection. In 1928, seventy years ago today, Indonesian youths from different ethnic and religious backgrounds gathered in Jakarta and proclaimed that they belonged to the same nation and motherland with one ...

Wed, 28 Oct 1998

JP/Le Meridien gets award

Le Meridien gets award JAKARTA (JP): Le Meridien Nirwana Golf and Spa Resort in Bali has been awarded the highest rank in Meridien Worldwide quality, the hotel announced on Tuesday.

Wed, 28 Oct 1998

JP/Hashim quits post at Bank Papan Sejahtera

Hashim quits post at Bank Papan Sejahtera JAKARTA (JP): Shareholders of the publicly-listed Bank Papan Sejahtera (BPS) approved a major reshuffle of senior bank personnel on Tuesday which includes the resignation of Hashim Djojohadikusumo as chief commissioner.

Wed, 28 Oct 1998

JP/Hope still flickers for shuttler Sigit in steroid-taking case

Hope still flickers for shuttler Sigit in steroid-taking case JAKARTA (JP): Sports medical expert Dangsina Moeloek said on Tuesday there was still hope that Indonesia's badminton world doubles champion Sigit Budiarto would be cleared of drug taking.

Wed, 28 Oct 1998

JP/Mobs lynch four 'suspected ninjas' in East Java

Mobs lynch four 'suspected ninjas' in East Java SURABAYA (JP): Villagers in East Java have lynched four men who they suspected were involved in a wave of "ninja" killings, including three who were dragged out of their car, police and sources said on Tuesday.

Wed, 28 Oct 1998

JP/MPR urged to issue decree on freedom of information

MPR urged to issue decree on freedom of information JAKARTA (JP): A group of communications experts and practitioners have called on the People's Consultative Assembly (MPR) to pass a decree on freedom of information during its special session between Nov. 10 and Nov. 13.

Wed, 28 Oct 1998

JP/Building public trust

Building public trust Whether or not it is true that foreign trust in our non-oil exports is returning, the government must without delay and in complete earnest set a continual watch over the quality of our export products, see to it that all terms of payment are complied with and ensure that ...

Wed, 28 Oct 1998

JP/Govt to honor Freeport's contract

Govt to honor Freeport's contract JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto reaffirmed on Tuesday that the government would honor the mining contract of work (COW) with copper and gold mining company PT Freeport Indonesia.

Wed, 28 Oct 1998

JP/Solarex project on target

Solarex project on target JAKARTA (JP): Solarex, an American joint venture between Amoco Corp. and Enron Corp, said on Monday that its US$25 million solar project in Indonesia was on schedule despite the prolonged economic crisis.

Wed, 28 Oct 1998

JP/Universal education will stop disintegration

Universal education will stop disintegrationBy Iwan Pranoto BANDUNG (JP): Many believe that the 1928 Generation, mostly consisting of young educated civilians, had the most important role in the nation's history.

Wed, 28 Oct 1998

JP/Govt told to be fair in giving loans to transportation firms

Govt told to be fair in giving loans to transportation firms JAKARTA (JP): The government has been urged to be fair in issuing credit to help the city's ailing public transportation operators.

Wed, 28 Oct 1998

JP/Draft Assembly decrees must not be considered final: Experts

Draft Assembly decrees must not be considered final: Experts JAKARTA (JP): Constitutional law experts said on Tuesday that draft decrees completed for deliberation in the People's Consultative Assembly's (MPR) special session should not be considered final.

Wed, 28 Oct 1998

JP/Conversion Rates

Conversion Rates Bank Bali's conversion rates on Oct. 27, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Wed, 28 Oct 1998

JP/200 housing complex residents yet to receive land certificates

200 housing complex residents yet to receive land certificates BOGOR (JP): At least 200 residents of Reny Jaya housing complex in Pondok Petir village, Sawangan district, have become increasingly anxious due to the developer's failure to give them land certificates on time.

Wed, 28 Oct 1998

JP/Saudi faces jail for drug possession

Saudi faces jail for drug possession JAKARTA (JP): A Saudi citizen was indicted at Central Jakarta District Court on Tuesday for possessing 2.09 grams of dried marijuana.Prosecutor Agus Widodo said the defendant, Khalil L.M.

Wed, 28 Oct 1998

JP/Jail time sought in 'sandal' slaying

Jail time sought in 'sandal' slaying JAKARTA (JP): A prosecutor is seeking five years in jail for a market trader who allegedly caused fatal injuries to a hoodlum and injured the latter's friend in a row over a pair of missing sandals.

Wed, 28 Oct 1998

JP/RI seen struggling to lure oil investors

RI seen struggling to lure oil investors JAKARTA (JP): An executive of a major American oil company said on Tuesday the Indonesian government had its work cut out for it in attracting new investors to the country's oil and gas industry amid the monetary crisis.President of Unocal Corp. John F.

Wed, 28 Oct 1998

JP/Roesmanhadi calls for new police mentality and foreign study

Roesmanhadi calls for new police mentality and foreign study JAKARTA (JP): Developing a new mentality and using study opportunities abroad rank among the calls for enhancing professionalism within the police force following its separation from the Armed Forces.

Wed, 28 Oct 1998

JP/Inco holds dividend payment

Inco holds dividend payment JAKARTA (JP): Nickel producer PT International Nickel Indonesia, a subsidiary of the Toronto-based Inco Ltd. said Tuesday it has deferred payment of the 1998 interim dividend.

Wed, 28 Oct 1998

JP/Open-sky policy mulled to lure more tourists

Open-sky policy mulled to lure more tourists JAKARTA (JP): The government is currently studying the possibility of introducing a limited open-skies policy which will open up all domestic routes to international carriers, in a bid to attract more foreign tourists.

Wed, 28 Oct 1998

JP/CIDES clarifies

CIDES clarifies I would like to refer to an article published on Oct. 21, 1998, page 2, CIDES laments revival of sectarian politics, which is seemingly a stance that is the only vision of Center for Information and Development Studies (CIDES) scholars.

Wed, 28 Oct 1998

JP/Language experts decry political doublespeak

Language experts decry political doublespeak JAKARTA (JP): Linguists renewed their resistance on Tuesday against interference by political vested interests in the formulation of Indonesian, charging it obstructed the function of the language as a means of communication.

Wed, 28 Oct 1998

JP/Foreign investors demand business security

Foreign investors demand business security JAKARTA (JP): Foreign interest in investing in the country appears to be returning amid signs of an improvement in the economy, but security and political worries remain the biggest concern in realizing their investment plans, according to ...

Wed, 28 Oct 1998

JP/Building mutual trust

Building mutual trust The China-Taiwan dialogue, which was suspended for three years, has finally been restarted. The reopening of a channel of communication between the two countries will help to restore trust and reduce tensions in the Strait of Taiwan. That is a welcome development.

Wed, 28 Oct 1998

JP/Bank DKI boss blamed for $21.5m bad credit

Bank DKI boss blamed for $21.5m bad credit JAKARTA (JP): City councilors have blamed the "authoritarian" management style of Bank DKI president Soeharto for saddling the city-owned institution with bad credit of about Rp 172 billion (US$21.5 million).

Wed, 28 Oct 1998

JP/PLN relying on govt support to ride out crisis

PLN relying on govt support to ride out crisis JAKARTA (JP): State electricity company PT PLN said on Tuesday it was banking on the government's support to ensure it survived the country's worst-ever economic crisis.

Wed, 28 Oct 1998

JP/Indonesian timber ship capsizes off Sarawak

Indonesian timber ship capsizes off Sarawak KUALA LUMPUR (Antara): An Indonesian ship bound for Malaysia with 100 tons of sawn timber sank in the South China Sea on Oct. 17 after it was battered by huge waves.

Wed, 28 Oct 1998

JP/Megawati's chance very slim

Megawati's chance very slim A recent controversy surrounding the religious status of presidential candidate Megawati Soekarnoputri has turned out to be a kind of Pandora's Box for her.

Wed, 28 Oct 1998

JP/Councilors want PDAM deals renewed

Councilors want PDAM deals renewed JAKARTA (JP): The City Council strongly supports the cooperative agreements on water management between city-owned water company PDAM Jaya and its two foreign partners, but urges the administration to review the deals, its speaker said.

Wed, 28 Oct 1998

JP/Persebaya tipped to win national soccer league

Persebaya tipped to win national soccer league JAKARTA (JP): Fielding nine players who regularly form the backbone of the national team, Persebaya Surabaya is the red-hot favorite to win the soccer league which kicks off on Sunday, its chief rival predicts.

Wed, 28 Oct 1998

JP/Sjahril upbeat about rupiah

Sjahril upbeat about rupiah JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Tuesday that the rupiah would continue to strengthen until the end of the year amid signs of improvements in the economy.

Wed, 28 Oct 1998

JP/RI sees first trade surplus with Australia in five years

RI sees first trade surplus with Australia in five years JAKARTA (JP): Indonesia's US$632 million trade surplus with Australia in the first eight months of the year is its first since 1993, a senior official at the Ministry of Industry and Trade said on Tuesday.

Wed, 28 Oct 1998

JP/Tambang Timah to focus on gold exploration, Erry says

Tambang Timah to focus on gold exploration, Erry says JAKARTA (JP): Publicly listed tin mining firm PT Tambang Timah is to refocus its priorities to gold exploration to boost its performance, a company executive said here on Tuesday.

Wed, 28 Oct 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 27, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo ...

Wed, 28 Oct 1998

JP/Progress in the United Nations

Progress in the United Nations Since the UN was founded in the smoldering ashes of World War II, it has always been surrounded in controversy. There are those who believe it is outlandishly idealistic and incapable of accomplishment in the harsh, real world.

Wed, 28 Oct 1998

JP/Bimantara 'no longer has stake in Arco gas field'

Bimantara 'no longer has stake in Arco gas field' JAKARTA (JP): The Bimantara group, controlled by Bambang Trihatmodjo, a son of former president Soeharto, no longer holds a share in the Kangean gas block in East Java due to dilution of its stake, a state oil and gas company Pertamina official ...