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

Thu, 03 Jan 2002

JP/Stock quotations on JSX

Stock quotations on JSX.rm .plStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.2, 2002:-------------------------------------------------------------- Shares Close Change Trading ...

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Thu, 03 Jan 2002

JP/Motorcycle sales to exceed precrisis level in 2002

Motorcycle sales to exceed precrisis level in 2002The Jakarta Post, Jakarta Looking at the improved economic situation, the Indonesian Motorcycle Industry Association (AISI) predicts that motorcycle sales will surpass the two million mark this year,Association chairman Ridwan Gunawan predicted ...

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Thu, 03 Jan 2002

JP/'It's time to act on corruptors'

'It's time to act on corruptors'Bambang Nurbianto, The Jakarta Post, Jakarta It was high time that President Megawati Soekarnoputri stopped making promises and started taking action to combat corruption, collusion and nepotism (KKN), critics said on Wednesday.

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Thu, 03 Jan 2002

JP/Euro money hard to find in local market

Euro money hard to find in local marketThe Jakarta Post, Jakarta After a second day as Europe's legal tender, euro banknotes and coins had yet to gain a foothold in the local market, with only a few banks and money changers stocking the new currency.

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Thu, 03 Jan 2002

JP/Akbar's lawyers throw Bulog ball into Habibie's court

Akbar's lawyers throw Bulog ball into Habibie's courtTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The Rp 40 billion (US$4 million) scandal allegedly involving House of Representatives Speaker Akbar Tandjung has taken a new turn with his lawyers implicating former president B.J. Habibie.

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Thu, 03 Jan 2002

JP/State universities to hold entrance test twice a year

State universities to hold entrance test twice a yearFitri Wulandari, The Jakarta Post, Jakarta In a bid to offer the public greater opportunities to enter state universities, the Ministry of Education is planning to issue a decree allowing entrance exams to be taken twice a year, while scrapping ...

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Thu, 03 Jan 2002

JP/Seven feared dead in Kebumen beach tragedy

Seven feared dead in Kebumen beach tragedyAgus Maryono, The Jakarta Post, Kebumen Two domestic tourists were drowned and five others were still missing after they were swept away by a large wave at South Beach, Logending in the Central Java town of Kebumen on Tuesday, a rescue team said on ...

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Thu, 03 Jan 2002

JP/Ministers lead by example in thrift campaign

Ministers lead by example in thrift campaignThe Jakarta Post, Jakarta Following a government directive asking state officials to observe a more modest lifestyle, several Cabinet ministers went about their official duties on Wednesday in a relatively modest manner, at least judging from ...

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Thu, 03 Jan 2002

JP/Indonesia plans observation workout for contract bridge in Winter Games

Indonesia plans observation workout for contract bridge in Winter GamesMusthofid, The Jakarta Post, Jakarta The Indonesian bridge team for the 2002 Winter Olympic Games plans a reconnaissance workout in Albuquerque, New Mexico, in an attempt "to adjust the players to the freezing climate", ...

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Thu, 03 Jan 2002

JP/JP/3/INSIGHT

JP/3/INSIGHTWhither civil society? Are we getting closer or farther from becoming a civil societyJ. Soedjati Djiwandono Political Analyst Jakarta Both Sukarno, through his "guided democracy", and Soeharto through his "Pancasila democracy", robbed the sovereignty and power of the people.

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Thu, 03 Jan 2002

JP/Legal uncertainty puts off investors

Legal uncertainty puts off investorsDadan Wijaksana, The Jakarta Post, Jakarta Aside from prolonged domestic, social and political turmoil, legal uncertainties -- highlighted by dubious settlement of corporate disputes in the commercial court -- also share the blame for discouraging foreign ...

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Thu, 03 Jan 2002

JP/KKN still a common practice

KKN still a common practice As reported by The Jakarta Post on Dec. 29, 2001 , the appointment of Taufik Kiemas as a special envoy for a ministerial visit to China is a classic conflict of interest given his role as the president's husband, a legislator and a businessman.

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Thu, 03 Jan 2002

JP/Police to file 'Tommy' dossier soon

Police to file 'Tommy' dossier soon JAKARTA: City Police will soon hand over the dossier on Hutomo "Tommy" Mandala Putra's alleged involvement in the murder last July of a Supreme Court justice to the Jakarta Prosecutor's office.According to detective chief Sr. Comr.

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Thu, 03 Jan 2002

JP/Betrayal of the highest order

Betrayal of the highest order Skipping class, a common habit among students, is, apparently also a favorite activity of our political leaders in the House of Representatives (DPR).

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Thu, 03 Jan 2002

JP/The year of political disputes

The year of political disputesKurniawan Hari and Bambang Nurbianto The Jakarta Post Jakarta When the nation entered a reform era following the downfall of autocratic president Soeharto in 1998 and his protege B.J. Habibie in Oct.

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Thu, 03 Jan 2002

JP/Australia drops dumping charges against RI's paper products

Australia drops dumping charges against RI's paper productsThe Jakarta Post JakartaThe Australian government has dropped its dumping allegations against two Indonesian export paper products, according to an Indonesian envoy.

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Thu, 03 Jan 2002

JP/Belt tightening: Rhetoric?

Belt tightening: Rhetoric? Only a few days after the proclamation of new instructions requiring government officials to work more efficiently and adopt a simpler lifestyle, President Megawati Soekarnoputri last week boarded a special plane bound for Bali, where she celebrated both the New Year ...

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Thu, 03 Jan 2002

JP/Inconsistency rife in Mega's government

Inconsistency rife in Mega's governmentKurniawan Hari, The Jakarta Post, Jakarta Two powerful politicians have joined the bandwagon of rising criticism against the government of President Megawati Soekarnoputri, saying that the current administration lacks consistency.

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Thu, 03 Jan 2002

JP/841 foreigners deported in 2000

841 foreigners deported in 2000 JAKARTA: Indonesia deported 841 foreign citizens in 2001 for violations of immigration regulations, an immigration official said here on Wednesday.

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Thu, 03 Jan 2002

JP/Six named as suspects in Palu church blasts

Six named as suspects in Palu church blastsErik W., The Jakarta Post, Palu Six out of the ten people arrested by Central Police over the new year church explosions in the provincial capital of Palu in Central Sulawesi have been named suspects, according to Palu Police chief Adj. Sr. Comr.

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Thu, 03 Jan 2002

JP/Landslides, flooding kill at least five in S. Sulawesi

Landslides, flooding kill at least five in S. SulawesiJupriadi, The Jakarta Post, Makassar A series of landslides and severe flooding killed at least five people and forced hundreds of residents to flee their homes in the South Sulawesi district of Gowa, residents said on Wednesday.

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Thu, 03 Jan 2002

JP/Rizal gets serious about reforestation program

Rizal gets serious about reforestation programApriadi Gunawan, The Jakarta Post, Medan North Sumatra Governor T.

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Thu, 03 Jan 2002

JP/The privatization drive: Appeasing animal spirits

The privatization drive: Appeasing animal spiritsEdward Mariyani-Squire, Associate Lecturer, School of Economics and Finance, College of Law and Business, University of Western Sydney, Sydney The government's deliberation over the privatization of publicly owned businesses is an interesting case ...

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Thu, 03 Jan 2002

JP/Plan for cheap drugs faces strong criticism

Plan for cheap drugs faces strong criticismTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The government's plan to launch branded medicines at cheaper prices in March does not constitute a solution to the skyrocketing prices of drugs, critics say.

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Thu, 03 Jan 2002

JP/Rupiah Rates Jan. 2

Rupiah Rates Jan. 2 Bank notes rates TT Rates Selling Buying Selling Buying Rp Rp Rp Rp USD 1.00 10,900.00 9,900.00 10,525.0010,421.00 AUD 1.00 5,567.72 5,051.97 5,364.59 5,306.37 ATS 1.

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Thu, 03 Jan 2002

JP/Natural flooding chaos predicted for Jakarta

Natural flooding chaos predicted for JakartaAhmad Junaidi, The Jakarta Post, Jakarta Huge floods have been predicted to hit Jakarta in about two weeks with the city administration admitting Wednesday that it would not be able to save residents from a natural disaster.

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Thu, 03 Jan 2002

JP/Pick of the Flicks

Pick of the FlicksHollywood KC (Tel. 5256351)Harry Potter and the Sorcerer's Stone 14:15 17:15 20:15 Spy Game 14:55 17:35 19:45 21:55 Taxi 14:15 16:55 19:05 21:15 Traffic 15:10 18:10 21:10 Bounce 14:15 16:55 19:05 21:15 ...

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Thu, 03 Jan 2002

JP/Will identity card raids solve city migration?

Will identity card raids solve city migration?Emmy Fitri and Annastashya Emmanuelle, The Jakarta Post, Jakarta The city administration plans to launch identity card (KTP) raids soon as a way to control incoming migrants.

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Thu, 03 Jan 2002

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Little Battles 9:00 Talk Show 10:00 TV Drama 10:30 30 Minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

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Thu, 03 Jan 2002

JP/Inflation reaches 12.55% in 2001, exports fall in November: BPS

Inflation reaches 12.55% in 2001, exports fall in November: BPSThe Jakarta Post, Jakarta The 2001 inflation rate reached 12.55 percent, surpassing the government's initial target of between 9 percent and 11 percent, and higher than last year's rate of 9.

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Thu, 03 Jan 2002

JP/Bali warmly welcomes New Year in pouring rain

Bali warmly welcomes New Year in pouring rainI Wayan Juniartha, The Jakarta Post, Denpasar Parties involving thousands of people, both young and old, residents and visitors alike, dominated the New Year celebrations in Bali.

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Thu, 03 Jan 2002

JP/Minister orders probe on allegedly tainted verdict

Minister orders probe on allegedly tainted verdictMulta Fidrus, The Jakarta Post, Tangerang Acting on complaints from the victim's widow, Minister of Justice and Human Rights Yusril Ihza Mahendra has ordered an investigation into a sentence, reportedly tainted by corruption, handed down at a ...

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Thu, 03 Jan 2002

JP/Govt, IMF to discuss debt restructuring extension

Govt, IMF to discuss debt restructuring extensionBerni K. Moestafa, The Jakarta Post, Jakarta The government and the International Monetary Fund (IMF) are preparing to discuss the extension of a debt restructuring program for former bank owners under the Indonesian Bank Restructuring Agency ...

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Thu, 03 Jan 2002

JP/Rupiah Rates Jan. 2

Rupiah Rates Jan. 2 Bank notes rates TT Rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1.00 10,900.00 9,900.00 10,525.00 10,421.

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Thu, 03 Jan 2002

JP/Govt strives to improve national health system

Govt strives to improve national health systemFitri Wulandari, The Jakarta Post, Jakarta The government is determined to revamp the national health system in a bid to help provide better and more affordable health services for all levels of society, Minister of Health Achmad Suyudi says.

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Thu, 03 Jan 2002

JP/Elza now witness in Tommy case

Elza now witness in Tommy case JAKARTA: Elza Syarief, the lawyer of Hutomo "Tommy" Mandala Putra, was summoned by police as a witness in an extortion case involving Tommy, which caused him a total Rp 20 billion in losses.

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Thu, 03 Jan 2002

JP/Islamic law in Aceh imposed

Islamic law in Aceh imposedTiarma Siboro, The Jakarta Post, Jakarta The Aceh or Nanggroe Aceh Darusallam administration has officially put the special autonomy law and syariah (Islamic law) into effect.

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Thu, 03 Jan 2002

JP/On the return of U.S. envoys to Mideast

On the return of U.S. envoys to Mideast After the Palestinian Authority adopted self-restrained steps and acted to retain an atmosphere of confidence with the Israeli side, it has become imperative that (Israeli Prime Minister Ariel) Sharon's government reciprocates with similar steps if it ...

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Thu, 03 Jan 2002

JP/Motorcycle sales to surpass precrisis level in 2002

Motorcycle sales to surpass precrisis level in 2002The Jakarta Post Jakarta Looking at the improved economic situation, the Indonesian Motorcycle Industry Association (AISI) predicts that motorcycle sales will surpass the two million mark this year,Association chairman Ridwan Gunawan predicted ...

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Thu, 03 Jan 2002

JP/Grenade explosion targets Blok M Plaza: Police

Grenade explosion targets Blok M Plaza: PoliceDamar Harsanto, The Jakarta Post, Jakarta The grenade which exploded on Jl.

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Thu, 03 Jan 2002

JP/JP//TNI

JP//TNITiarma Siboro The Jakarta Post Jakarta Although it has formally abandoned its much criticized dual function (Dwifungsi) doctrine, the Indonesian Military (TNI) is yet to shed its image as a "troublemaker".

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Thu, 03 Jan 2002

JP/Things haven't changed much

Things haven't changed much Since former president Abdurrahman "Gus Dur" Wahid was dismissed on the grounds that he might be involved in two corruption cases, President Megawati Soekarnoputri has seen under her leadership:1. The Supreme Court's exoneration of Tommy followed by his surrender.2.

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Thu, 03 Jan 2002

JP/Jl. Thamrin fountain renovated

Jl. Thamrin fountain renovated JAKARTA: Residents here can expect the Hotel Indonesia roundabout on Jl.M.H.

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Thu, 03 Jan 2002

JP/No action for Bantar Gebang dump

No action for Bantar Gebang dumpMuninggar Sri Saraswati and Rendi A. Witular, The Jakarta Post, Jakarta JAKARTA: As the Jan.

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Thu, 03 Jan 2002

JP/Four days of exhaustive search of Megawati in Bali

Four days of exhaustive search of Megawati in BaliI Wayan Juniartha, The Jakarta Post, Denpasar When the plane carrying President Megawati Soekarnoputri and her entourage took off from Bali's international airport for Jakarta on Tuesday evening, the reporters on the ground breathed a sigh of ...

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Thu, 03 Jan 2002

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.2, 2002: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 03 Jan 2002

JP/Bali enjoys peaceful, harmonious religious life

Bali enjoys peaceful, harmonious religious lifeRita A. Widiadana and I Wayan Juniartha, The Jakarta Post, Denpasar As parts of Indonesia remain locked in bitter ethnic and religious conflict, the Hindu-dominated island of Bali witnesses religious harmony among followers of different faiths.

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Thu, 03 Jan 2002

JP/Pertamina, Riau to sign oil JV

Pertamina, Riau to sign oil JV CPP joint venture to go aheadThe Jakarta Post Jakarta After years of negotiations, state oil and gas Pertamina and the Riau provincial administration have finally agreed to set up a joint venture to develop the Coastal Plains Pekanbaru (CPP) block in Riau, ...

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Thu, 03 Jan 2002

JP/JETRO sees 3.8% growth for RI economy in 2002

JETRO sees 3.8% growth for RI economy in 2002Berni K. Moestafa The Jakarta Post Jakarta The Japan External Trade Organization (JETRO) estimated Indonesia's economy to grow by 3.

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Thu, 03 Jan 2002

JP/Four days of exhaustive search of Megawati in Bali

Four days of exhaustive search of Megawati in BaliI Wayan Juniartha, The Jakarta Post, Denpasar When the plane carrying President Megawati Soekarnoputri and her entourage took off from Bali's international airport for Jakarta on Tuesday evening, the reporters on the ground breathed a sigh of ...

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Thu, 03 Jan 2002

JP/NU, Muhammadiyah to tackle extremism

NU, Muhammadiyah to tackle extremismTiarma Siboro, The Jakarta Post, Jakarta Indonesia's two largest Muslim organizations -- Nahdlatul Ulama (NU) and Muhammadyah -- urged the country's Muslims on Wednesday to promote peace and brotherhood with people of other religions.

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Thu, 03 Jan 2002

JP/Military told to stay away from logging

Military told to stay away from loggingLeo Wahyudi S, The Jakarta Post, Jakarta Illegal logging has reached an alarming level with government officials and environmentalists disoriented about what to do to save Indonesia's precious rainforests.

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Thu, 03 Jan 2002

JP/Where to go in Bali:

Where to go in Bali:Exhibitions * Panting by Yasumasa Morimura, Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Phone: 0361 979253), until Jan. 31. * Panting Beyond the Art, by Made Arya Palguna, Nyoman Erawan, etc., Jezz Gallery, Jl. Imam Bonjol, Denpasar, until Jan. 21.

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Thu, 03 Jan 2002

JP/Legislators plan trip to Hawaii

Legislators plan trip to Hawaii JAKARTA: A delegation of six legislators will depart for Hawaii to participate in the Asia Pacific Parliamentary Forum (APPF) meeting on terrorism from Jan. 6 to Jan. 9.

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Thu, 03 Jan 2002

JP/IMF wrong for 2001, right for 2002?

IMF wrong for 2001, right for 2002?Charlotte Denny, Guardian News Service, London Reminding economists of their predictions last year for the world economy in 2001 is an unfair trick, a bit like reminding friends of their new year resolutions.

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Thu, 03 Jan 2002

JP/Robbers get away with three cars

Robbers get away with three cars JAKARTA: At about 3:30 a.m. on Wednesday morning, a group of six men invaded the home of Benny Sediawan, 31 in a housing complex in Kembangan, West Jakarta, and stole three automobiles, Rp 4 million in cash and jewelry.

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Thu, 03 Jan 2002

JP/Questioning of ill-fated train driver goes on

Questioning of ill-fated train driver goes onorProbe into deadly train crash presses onNana Rukmana The Jakarta Post Brebes Police continued their questioning of the driver of the Empu Jaya train on Wednesday, after he was named as the possible culprit in last month's train crash that killed ...

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