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

Wed, 28 Apr 2004

JP/JP/5/caption

JP/5/captionAntaraRIVAL PROTEST: Supporters of East Java's Jember Regent Samsul Hadi Siswoyo square off with opponents during a protest near the Tegalboto campus in the regency.

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Wed, 28 Apr 2004

JP/Religious leaders should avoid politics

Religious leaders should avoid politicsKurniawan Hari, Jakarta Leaders of social organizations and religious groups should not enter politics or the country risked losing civilian groups to effectively check the performance of the government, analysts say.

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Wed, 28 Apr 2004

JP/Rules of evidence hamper efforts to tackle illegal logging

Rules of evidence hamper efforts to tackle illegal loggingTony Hotland JakartaThe restriction on the types of evidence that are admissible in court is one of the biggest obstacles facing the country in its efforts to stamp out illegal logging, a senior policy advisor to the World Wide Fund for ...

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Wed, 28 Apr 2004

JP/Lack of funds hinders initiatives on water, sanitation

Lack of funds hinders initiatives on water, sanitationJohan Fernandez The Star Asia News Network/Selangor It was with great fanfare that the summits on sustainable development were held. First it was in Rio, Brazil, in 1992 and then in Johannesburg, South Africa, in 2002.

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Wed, 28 Apr 2004

JP/Tangerang crowns 6 model students

Tangerang crowns 6 model students TANGERANG: Following a series of tests, the Tangerang administration crowned on Monday six students as the "best in the regency".The students are Dwi Mustika Handayani of Puspitek state elementary school in Cisauk, A.

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Wed, 28 Apr 2004

JP/Chinkara OKs bank merger plan

Chinkara OKs bank merger planAbdul Khalik, The Jakarta Post, Jakarta Bank Pikko, Bank CIC, and Bank Danpac announced on Tuesday that Chinkara Limited Capital, the majority shareholder of the three banks, had agreed to a merger proposal to create a bigger and stronger new bank.

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Wed, 28 Apr 2004

JP/Smooth election unlikely to spark boom: Economist

Smooth election unlikely to spark boom: EconomistRendi A. Witular, The Jakarta Post, Jakarta A smooth general election process is unlikely to lead to a reduction in Indonesia's risk premium nor mark the beginning of an economic boom, global financial advisor Morgan Stanley said.

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Wed, 28 Apr 2004

JP/Rules of evidence cause snags in logging cases

Rules of evidence cause snags in logging casesTony Hotland, Jakarta The restriction on the types of evidence that are admissible in court is one of the biggest obstacles facing the country in its efforts to stamp out illegal logging, a senior policy advisor to the World Wide Fund for Nature (WWF) ...

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Wed, 28 Apr 2004

JP/Government to build low-cost homes for squatters

Government to build low-cost homes for squattersThe Jakarta Post, Jakarta The Ministry of Settlement and Regional Infrastructure will build barracks as temporary shelters for 1,546 families living under Rawa Bebek elevated toll road in Penjaringan, North Jakarta, as the city administration ...

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Wed, 28 Apr 2004

JP/Soeharto suffers digestion bleeding: Doctor

Soeharto suffers digestion bleeding: DoctorMuninggar Sri Saraswati JakartaFormer president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

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Wed, 28 Apr 2004

JP/Poll commission misses deadline, blames others

Poll commission misses deadline, blames othersMoch. N. Kurniawan and Ahmad Junaidi, Jakarta The General Elections Commission (KPU) admitted on Tuesday that it would not be able to announce the final results of the April 5 election on schedule due to delays in delivery from its Regional Elections ...

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Wed, 28 Apr 2004

JP/Govt sends more families away

Govt sends more families away JAKARTA: Minister of Fisheries and Maritime Affairs Rokhmin Dahuri sent off on Tuesday 35 families from the Banten regencies of Pandeglang and Serang to Majene in South Sulawesi, marking the start of a transmigration program geared toward areas with abundant fishing ...

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Wed, 28 Apr 2004

JP/Soeharto suffers digestion bleeding: Doctor

Soeharto suffers digestion bleeding: DoctorMuninggar Sri Saraswati JakartaFormer president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

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Wed, 28 Apr 2004

JP/Govt launches third bond issue amid strong demand

Govt launches third bond issue amid strong demandUrip Hudiono, The Jakarta Post, Jakarta The government issued on Tuesday bonds worth Rp 3 trillion (US$352.9 million), the third batch of domestic bond issues it has planned for this year to help finance the state budget.

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Wed, 28 Apr 2004

JP/Hundreds of bombs, weapons confiscated in Poso arms searches

Hundreds of bombs, weapons confiscated in Poso arms searchesRuslan Sangadji, Poso A joint police and military unit found at least 168 homemade bombs, 102 firearms and 485 live bullets during three months of door-to-door searches for weapons since January in Poso regency, Central Sulawesi.

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Wed, 28 Apr 2004

JP/Dutch gives $4.4m to RI for election

Dutch gives $4.4m to RI for election JAKARTA: The Dutch government will give a grant of US$4.4 million to the Indonesian government so it can pay for the cost of holding the presidential election in July.

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Wed, 28 Apr 2004

JP/Training new councillors

Training new councillors The cheerful afternoon vote count in Jakarta and suburban areas on April 5 has produced new faces to serve on the Jakarta city council. Two new upstarts, the Prosperous Justice Party (PKS) and the Democratic Party (PD) have provisionally won 18 and 16 seats respectively.

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Wed, 28 Apr 2004

JP/Nabire administration seeks Rp 1.5 trillion for quake victims

Nabire administration seeks Rp 1.5 trillion for quake victimsNethy Dharma Somba, Jayapura Hundreds of residents in Nabire regency, Papua province, are still living in tents in their villages two months after a disastrous earthquake devastated the remote town in February, killing at least 37 ...

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Wed, 28 Apr 2004

JP/Low gender budget angers official

Low gender budget angers official PALU, Central Sulawesi: A senior government official complained on Tuesday at the low awareness of Palu councillors on gender issues. Andiwan P.

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Wed, 28 Apr 2004

JP/Nigerian nabbed for Rp 70m heroin

Nigerian nabbed for Rp 70m heroinThe Jakarta Post, Jakarta The Jakarta Police arrested a Nigerian citizen, identified as Fan Fan Okonkwo Jade, alias Ifanyi, 28, on Monday afternoon for alleged possession of 100 grams of heroin with an approximate street value of Rp 70 million (US$8,235).

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Wed, 28 Apr 2004

JP/Golkar to name Gus Dur-handpicked VP aspirant

Golkar to name Gus Dur-handpicked VP aspirant Kurniawan Hari and Indra Harsaputra Jakarta/SurabayaThe Golkar Party agreed on Monday to devote its energies to forging a coalition with the National Awakening Party (PKB) to win the presidential election.

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Wed, 28 Apr 2004

JP/The European Union not finished expanding yet

The European Union not finished expanding yetGwynne Dyer, London As of the 1st of May, the European Union's easternmost land border will be with Russia, and its sea frontier will be halfway between Cyprus and Lebanon.

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Wed, 28 Apr 2004

JP/JP/Indra Harsaputra

JP/Indra HarsaputraPOSSIBLE VP CANDIDATE: The Golkar Party's presidential candidate Wiranto (left) sits next to Nahdlatul Ulama (NU) leader Hasyim Muzadi at a national meeting of NU clerics in Surabaya, East Java.

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Wed, 28 Apr 2004

JP/Fallacies in the thinking of the political elites

Fallacies in the thinking of the political elitesMuhammad Qodari, Jakarta Except for Susilo Bambang Yudhoyono, or SBY as he is popularly known, who has confirmed Jusuf Kalla (JSK) as his running mate, other presidential hopefuls are still shopping around to find their most compatible vice ...

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Wed, 28 Apr 2004

JP/Clerics say Ambon disaster provoked

Clerics say Ambon disaster provokedThe Jakarta Post, Jakarta Religious leaders accused on Tuesday "third parties" of inciting the renewed violence in Ambon, Maluku province, and urged police to take firm action where necessary.

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Wed, 28 Apr 2004

JP/Fragile peace revealed

Fragile peace revealed The clashes that have shaken Ambon over the past two days reveal the fragility of the peace that prevailed in the city after the Malino talks in February 2002.

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Wed, 28 Apr 2004

JP/All responsible for saving the rainforests

All responsible for saving the rainforestsDavid Kaimowitz, Bogor If you are reading this, chances are you're a member of the urban middle class. After all, "urban middle class" is probably a fair description of The Jakarta Post's readership.

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Wed, 28 Apr 2004

JP/CFC offers sport and entertainment

CFC offers sport and entertainment JAKARTA: The newly launched Celebrity Fitness Center offers a a one-stop service mixing sport and entertainment, its promotional material claims.

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Wed, 28 Apr 2004

JP/The rise of retired generals: Last wake-up call for reformists

The rise of retired generals: Last wake-up call for reformistsArdimas Sasdi, Berkeley, California Worried about the return of the military to power through the July 5 election and the subsequent resurgence of an authoritarian regime, respected Muhammadiyah chairman Syafii Ma'arif ...

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Wed, 28 Apr 2004

JP/Government to let suspect Ba'asyir go

Government to let suspect Ba'asyir goP.C. Naommy and Muninggar Sri Saraswati, Jakarta The Ministry of Justice and Human Rights will release terror suspect Abu Bakar Ba'asyir when he completes his jail term on April 30 and deliver him to his family, the minister has said.

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Wed, 28 Apr 2004

JP/Mia not in lineup in RI vs. Holland Uber Cup opener

Mia not in lineup in RI vs. Holland Uber Cup openerEva C. Komandjaja, The Jakarta Post, Jakarta A much-awaited contest in the world's women's badminton team competition Uber Cup between Indonesian and the Netherlands here next month might not be as highly charged as expected after Mia Audina was ...

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Wed, 28 Apr 2004

JP/Say it clearly, toddlers will learn

Say it clearly, toddlers will learnDear Dr.Donya,I was a bit surprised to get your response although I really looked forward to it. But I really thank you for your response. You're most kind.

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Wed, 28 Apr 2004

JP/Purnomo says OPEC may reset oil price range

Purnomo says OPEC may reset oil price rangeFitri Wulandari, The Jakarta Post, Jakarta The Organization of Petroleum Exporting Countries (OPEC) is reviewing its current oil price band to adjust to the U.S.

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Wed, 28 Apr 2004

JP/Govt to let terror suspect Ba'asyir go

Govt to let terror suspect Ba'asyir goP.C. Naommy and Muninggar Sri Saraswati JakartaThe Ministry of Justice and Human Rights will release terror suspect Abu Bakar Ba'asyir when he completes his jail term on April 30 and deliver him to his family, the minister has said.

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Wed, 28 Apr 2004

JP/RI to hold energy seminar in Russia

RI to hold energy seminar in RussiaFitri Wulandari, The Jakarta Post, Jakarta The Indonesian Embassy to Russia plans to hold a seminar in September on the oil and gas industry to forge a bilateral investment cooperation.

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Wed, 28 Apr 2004

JP/BCA's profit up 61.36%

BCA's profit up 61.36%JAKARTA: Publicly listed Bank Central Asia (BCA) announced on Tuesday that its net profit in the first quarter of this year rose by 61.36 percent to Rp 768.11 billion (about US$90.36 million) from Rp 476.02 billion in the same period last year.

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Wed, 28 Apr 2004

JP/City allots Rp 10b for final exams

City allots Rp 10b for final exams JAKARTA: The Jakarta administration has disbursed Rp 10 billion (US$1.17 million) to subsidize final exams for 131,846 high school seniors.

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Wed, 28 Apr 2004

JP/Police complete Gunawan's dossiers

Police complete Gunawan's dossiers JAKARTA: The police have completed dossiers on four suspects involved in the forgery of identity cards for murder defendant Gunawan Santosa. The dossiers were submitted to the Jakarta Prosecutors' Office later in the day, city police detective chief Sr. Comr.

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Wed, 28 Apr 2004

JP/40 officials off to Singapore

40 officials off to SingaporeMulta Fidrus, Tangerang Forty Tangerang Regency administration officials will spend their weekend in Singapore and it will all be paid for with the taxpayers' money after they engage in a two-day "comparative study" on Batam island, Riau province.

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Wed, 28 Apr 2004

JP/Thai govt holds fair to attract Indonesian tourists

Thai govt holds fair to attract Indonesian touristsDewi Santoso The Jakarta Post JakartaAs part of an effort to attract tourists from Indonesia, the Thai government held a fair on Monday with travel agents and tourism operators from both countries being invited.

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Wed, 28 Apr 2004

JP/Four questioned over 'disrespect'

Four questioned over 'disrespect' CIREBON, West Java: Cirebon Police questioned on Tuesday four university students for alleged disrespect toward a state symbol and officials.The students were Agung Supirno, Qoribullah, Mulyadi and Tirto Wiguno, all from Swadaya Gunung Jati University, Cirebon.

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Wed, 28 Apr 2004

JP/Indosat sale opponent tries 'to serve the people'

Indosat sale opponent tries 'to serve the people'Bambang Nurbianto, Jakarta The sale of the government's 41.

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Wed, 28 Apr 2004

JP/Association to certify life insurance agents

Association to certify life insurance agentsAbdul Khalik, The Jakarta Post, Jakarta The Indonesian Life Insurance Association (AAJI) has issued a policy requiring all life insurance agents across the country to register themselves with the association for training and certification.

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Wed, 28 Apr 2004

JP/Snipers pick off 2 police officers

Snipers pick off 2 police officersAzis Tunny, Octavianus Pinontoan and Tiarma Siboro, Ambon/Jakarta Two police officers were shot dead by snipers and another officer was in a critical condition on Tuesday as violence continued for a third day in the riot-torn city of Ambon.

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Wed, 28 Apr 2004

JP/Govt to sell 30% BNI stake: Official

Govt to sell 30% BNI stake: OfficialRendi A. Witular and Urip Hudiono, Jakarta The government has decided to sell a maximum 30 percent stake -- not 51 percent as previously announced -- in publicly listed Bank Negara Indonesia (BNI) in the second half of this year, according to a senior official.

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Wed, 28 Apr 2004

JP/Police arrest Norwegian fugitives

Police arrest Norwegian fugitives JAKARTA: A joint team of Indonesian and Norwegian police officers arrested two Norwegian fugitives, Bo Yngvar Eriksen, 30, and Joy Marius Eriksen, 25, in Denpasar, Bali, last Friday.The two reportedly entered Indonesia some time ago on fake passports.

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Wed, 28 Apr 2004

JP/Supreme Court hears Gus Dur's complaint

Supreme Court hears Gus Dur's complaint JAKARTA: The Supreme Court will consider the judicial review filed by former president Abdurrahan "Gus Dur" Wahid and the National Awakening Party (PKB) against a General Elections Commission (KPU) health exam ruling which is considered a stumbling block to ...

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Wed, 28 Apr 2004

JP/Regent sues paper for libel

Regent sues paper for libel BITUNG, North Sulawesi: Bitung regent Milton Kansil filed a Rp 25 billion (US$ 3.125 million) defamation lawsuit on Tuesday against local daily Global News Manado. It was filed at Bitung district court by Milton's lawyer, James Karinda.

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Wed, 28 Apr 2004

JP/Sutiyoso helps enlist voters

Sutiyoso helps enlist votersDamar Harsanto, Jakarta Governor Sutiyoso has ordered chiefs of neighborhood units (RT) and community units (RW) to actively take part in the registration of eligible voters for the upcoming presidential election on July 5.

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Wed, 28 Apr 2004

JP/Cilacap govt punishes employees

Cilacap govt punishes employees CILACAP, Central Java: Cilacap regency administration has disciplined at least 340 civil servants during the past week for playing truant during working hours.

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Wed, 28 Apr 2004

JP/Makro opens new store in Palembang

Makro opens new store in PalembangArief Suhardiman/Dewi Santoso, The Jakarta Post, Palembang/Jakarta Wholesaler chain PT Makro Indonesia opened on Tuesday a store in Palembang, South Sumatra, its 14th in the country, and pledged to open more stores this and next year.

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Wed, 28 Apr 2004

JP/'Is it worth sacrificing their future?'

'Is it worth sacrificing their future?' The city administration has issued an ultimatum to the effect that the 65 students of the SMP 56 state junior high school in Melawai, South Jakarta, will lose formal academic recognition unless they transfer to other designated schools on Wednesday at the ...

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Wed, 28 Apr 2004

JP/Soeharto's illness revealed: It's diverculitis

Soeharto's illness revealed: It's diverculitisMuninggar Sri Saraswati, Jakarta Former president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

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Wed, 28 Apr 2004

JP/Minivan drivers oppose competition

Minivan drivers oppose competition BOGOR: Dozens of public minivan drivers working the Parung- Pasar Anyar and Bojong Gede-Pasar Anyar routes went on strike on Monday to protest the recent influx of competitors along their routes, leaving hundreds of commuters stranded.

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Wed, 28 Apr 2004

JP/Batam hit by electricity crisis

Batam hit by electricity crisisFadli, Batam, Riau Batam island has been faced with an electricity crisis since February, inconveniencing more than half million residents.

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Wed, 28 Apr 2004

JP/Testimony sought from Kupang locals

Testimony sought from Kupang locals KUPANG, East Nusa Tenggara: The Australian Federal Police (AFP) recently lodged a request with the East Nusa Tenggara provincial police to allow two Kupang residents to testify in an Australian court over the sinking of a ship loaded with illegal immigrants in ...

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Wed, 28 Apr 2004

JP/Bold Priok victims want to testify

Bold Priok victims want to testify JAKARTA: A number of witnesses who were victims of the 1984 Tanjung Priok massacre demanded they be given a chance to testify at the ad hoc human rights tribunal, where a number of the prosecution's witnesses have rescinded earlier testimony.

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Wed, 28 Apr 2004

JP/Landslide-hit road reopened to traffic after 42 bodies recovered

Landslide-hit road reopened to traffic after 42 bodies recoveredImran Rusli, Padang The Ujung Gading-Panti road connecting Padang and Medan, the capital of North Sumatra, reopened on Monday after the route was cut by a deadly landslide last Friday that left 42 people dead, all passengers on the ...

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Wed, 28 Apr 2004

JP/JP/Indra Harsaputra

JP/Indra HarsaputraPOSSIBLE VP CANDIDATE: The Golkar Party's presidential candidate Wiranto (left) sits next to Nahdlatul Ulama (NU) leader Hasyim Muzadi at a national meeting of NU clerics in Surabaya, East Java.

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Wed, 28 Apr 2004

JP/Finance minister hopes for annulment of Prudential bankruptcy verdict

Finance minister hopes for annulment of Prudential bankruptcy verdictAbdul Khalik and Urip Hudiono, The Jakarta Post, Jakarta Minister of Finance Boediono hopes the Supreme Court will annul the bankruptcy ruling against PT Prudential Life Assurance on the grounds that the company was a solvent ...

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Wed, 28 Apr 2004

JP/Govt holds closed-door meeting on martial law

Govt holds closed-door meeting on martial lawTiarma Siboro, Jakarta Coordinating minister for political and security affairs ad interim Hari Sabarno chaired a closed-door coordination meeting at the Indonesian Military (TNI) on Tuesday to discuss a variety of security issues.

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Wed, 28 Apr 2004

JP/Bringing your baby back home

Bringing your baby back home(Part 2 of 2)Donya Betancourt, Pediatitian drdonya@hotmail.com Bringing your newborn home from the hospital can be an exciting and sometimes overwhelming experience.

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Wed, 28 Apr 2004

JP/Ministerial decree on remedial exams released

Ministerial decree on remedial exams releasedLeony Aurora, Jakarta The Minister of National Education has issued a decree to officially reinstate second tests for junior and senior high school students who fail their national final examinations this year. Ministerial Decree No.

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Wed, 28 Apr 2004

JP/Golkar, PDI-P battle for heart, mind of Hasyim

Golkar, PDI-P battle for heart, mind of HasyimThe Jakarta Post, Jakarta, Surabaya The Indonesian Democratic Party of Struggle (PDI-P) and its arch rival, the Golkar Party are beefing up efforts to woo support from Nahdlatul Ulama (NU) -- and its 40 million followers -- in their bid to win the ...

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