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

Fri, 07 Dec 2001

JP/Laksamana reshuffles IBRA top officials

Laksamana reshuffles IBRA top officialsThe Jakarta Post, Jakarta State Minister for State Enterprises Laksamana Sukardi has reshuffled the top management of the Indonesian Bank Restructuring Agency (IBRA) in a bid to boost its performance.

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Fri, 07 Dec 2001

JP/Indian embassy responds

Indian embassy responds This is with reference to the news item titled Jambi threatens to deport 355 Indian citizens in The Jakarta Post on Nov. 21, 2001.The story is not based on facts.

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Fri, 07 Dec 2001

JP/'Loco of democracy' shuns democracy

'Loco of democracy' shuns democracyTertiani ZB Simanjuntak, The Jakarta Post, Jakarta It is indeed bit disconcerting when a die-hard watchdog built on the foundations of promoting the democratic process in the country persists in operating a non-democratic system within its own organization, as ...

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Fri, 07 Dec 2001

JP/Golkar buys more time in Akbar's inquiry

Golkar buys more time in Akbar's inquiryKurniawan Hari, The Jakarta Post, Jakarta Golkar managed to buy more time to further lobby its position on Thursday by succeeding in delaying the House of Representatives Consultative Body's decision on whether to propose a special investigation into the ...

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Fri, 07 Dec 2001

JP/Govt moves to rein in press

Govt moves to rein in pressKurniawan Hari, The Jakarta Post, Jakarta The freewheeling days when the Indonesian press was free to publish whatever it wanted look numbered as the government is preparing a bill to stem what it considers press excesses.

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Fri, 07 Dec 2001

JP/Rendi A. Witular

Rendi A. Witular The Jakarta Post Jakarta Even though the city police have threatened to impose stern measures against the production, sale and possession of potentially-dangerous firecrackers, people are indifferent towards the threat.

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Fri, 07 Dec 2001

JP/Bantar Gebang closure brings joy to residents

Bantar Gebang closure brings joy to residentsTheresa Sufa, The Jakarta Post, Bekasi Ani's eyes blinked in joy when she was asked how she felt about the Bekasi administration's decision to close Bantar Gebang refuse dump this weekend.

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Fri, 07 Dec 2001

JP/"Sales" do not always offer good bargains

"Sales" do not always offer good bargains The end-of-year holiday shopping bonanza is soon to arrive. Shops, department stores and traditional marketplaces have become more colorful than usual. Signs of big discounts, some of up to 70 percent, have been placed at most department stores.

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Fri, 07 Dec 2001

JP/JP/FESTIVE

JP/FESTIVEBali Offering joyous festivities for old and young OR Celebrate your holiday in style on the Island of the GodsORCelebrate your holiday in style in BaliRita A.

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Fri, 07 Dec 2001

JP/Citibank disappoints

Citibank disappoints As a former Citibank customer (ATM no. 5081-0202-5174-0014) I am often involved in general trading, catering and some religious activities. Throughout my life, all my business has been purely legal.

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Fri, 07 Dec 2001

JP/To government's relief, Agus finally has lawyer

To government's relief, Agus finally has lawyerFabiola Desy Unidjaja, The Jakarta Post, Jakarta Agus Budiman, an Indonesian in legal strife in the U.S. for overstaying his visa and a possible link to the Sept. 11 attack on New York and the Pentagon, has eventually got a lawyer.

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Fri, 07 Dec 2001

JP/Civil servant absent for six years

Civil servant absent for six years JAKARTA: Will you get fired if you fail to show up for work for six years? Not likely -- if you work for the National Land Agency (BPN), that is.Minister for Administrative Reforms M.

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Fri, 07 Dec 2001

JP/Aceh in urgent need of helicopter

Aceh in urgent need of helicopterThe Jakarta Post, Jakarta The Banda Aceh city administration pledged financial assistance for the Aceh provincial government to purchase a helicopter, which it is claimed is badly needed to help make the administration in the restive province effective.

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Fri, 07 Dec 2001

JP/Govt hopes to finish Telkom sale next week

Govt hopes to finish Telkom sale next weekTantri Yuliandini, The Jakarta Post, Jakarta The government said it was optimistic about closing the sale of a 15 percent stake in state-owned telecommunications company PT Telkom by next week to raise around Rp 4 trillion (US$381 million) in cash.

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Fri, 07 Dec 2001

JP/Serious shortage of kerosene in N. Sumatra

Serious shortage of kerosene in N. SumatraApriadi Gunawan, The Jakarta Post, Medan In a protest against the shortages of kerosene, resulting in higher demand and higher prices, in North Sumatra, hundreds of people staged a rally at state oil company Pertamina's office on Thursday demanding that ...

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Fri, 07 Dec 2001

JP/PT Rio Tinto clarifies

PT Rio Tinto clarifies I am writing regarding your series of articles on the divestment of PT Kaltim Prima Coal (KPC), the latest of which appeared in the Dec. 4 issue titled Government urged to speed up KPC divestment.

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Fri, 07 Dec 2001

JP/Four sites identified to replace Bantar Gebang

Four sites identified to replace Bantar GebangAhmad Junaidi, The Jakarta Post, Jakarta Some days ahead of the closure of the rubbish dump in Bantar Gebang, the City Administration claimed on Thursday to have secured four alternative sites.

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Fri, 07 Dec 2001

JP/Bus tickets up 50 percent in Bogor

Bus tickets up 50 percent in Bogor BOGOR: Several bus companies in Bogor have increased the cost of their tickets by more than 50 percent, in violation of a government decree mandating that bus fares during Lebaran and Christmas festivities stay at 12 percent.

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Fri, 07 Dec 2001

JP/Wide heels bad for your knees

Wide heels bad for your knees Agencies, Washington New research has shown that chunky heels are just as bad for the knees as spindly stilettos. Women who want to add height and walk comfortably opt for wide heels.

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Fri, 07 Dec 2001

JP/Golkar claims lousy: Parties

Golkar claims lousy: PartiesThe Jakarta Post, Jakarta Leaders of several political parties went ballistic on Thursday over a Golkar party report which claimed that they, too, had received hot money from the State Logistics Agency (Bulog) for their 1999 election campaigns.

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Fri, 07 Dec 2001

JP/Fun ride in new French action comedy 'Taxi'

Fun ride in new French action comedy 'Taxi'Joko E.H. Anwar, Contributor, Jakarta It's hard not to like this lightweight French action/comedy.

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Fri, 07 Dec 2001

JP/Innovative farmer lives out his childhood dream

Innovative farmer lives out his childhood dreamLeo Wahyudi S, The Jakarta Post, Jakarta Few farmers would dream of making as much money as the president. But one young farmer not only dreamt it, he actually pursued it.

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Fri, 07 Dec 2001

JP/Seven killed in Manggarai riots

Seven killed in Manggarai riots KUPANG, East Nusa Tenggara: At least seven people were reportedly killed, dozens others injured and 37 houses set ablaze when two villages in Manggarai regency, East Nusa Tenggara province were involved in communal clashes earlier this week.

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Fri, 07 Dec 2001

JP/Aggressive campaign to help school age children vital: Analysts

Aggressive campaign to help school age children vital: AnalystsBambang Nurbianto The Jakarta Post Jakarta Education analysts proposed on Thursday an intensive campaign to help millions of school age children who were unable to continue their education, saying that otherwise a tragedy for the ...

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Fri, 07 Dec 2001

JP/Fast Facts

Fast Facts Official name: United Arab Emirates (UAE) Form of government: Federation Capital: Abu Dhabi Area: 83,600 sq km Population: 3.13 million Official language: Arabic Other languages: English, Persian, Hindi, Urdu Currency: Arab Emirates dirham (Dh or AED) Exchange rate: Dh 3.671 = US$1.

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Fri, 07 Dec 2001

JP/Rupiah Rates Dec. 6

Rupiah Rates Dec. 6 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,960.00 9,960.00 10,512.00 10,408.

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Fri, 07 Dec 2001

JP/AGO will probe $3b promissory scandal

AGO will probe $3b promissory scandalThe Jakarta Post, Jakarta The Attorney General's Office (AGO) promised on Thursday to investigate a scandal surrounding the issue of 500 promissory notes worth Rp 30 trillion (approximately US$3 billion) involving a relative of former president Soeharto.

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Fri, 07 Dec 2001

JP/'Tangkiwood' fades in time

'Tangkiwood' fades in timeIda Indawati Khouw, The Jakarta Post, Jakarta Legendary comedian, the late Bing Slamet jokingly called the alleyways in Tangki subdistrict, Mangga Besar in downtown Kota, West Jakarta, "Tangkiwood" back in the 1950s.

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Fri, 07 Dec 2001

JP/RI-Australia closer again

RI-Australia closer again JAKARTA: Relations between the Indonesian and Australian governments are improving, Minister of Foreign Affairs Hassan Wirayuda said on Thursday.

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Fri, 07 Dec 2001

JP/Police threats to clamp down on firecrackers ignored

Police threats to clamp down on firecrackers ignoredRendi A. Witular, The Jakarta Post, Jakarta Even though the city police have threatened to impose stern measures against the production, sale and possession of potentially-dangerous firecrackers, people are indifferent towards the threat.

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Fri, 07 Dec 2001

JP/Govt fears Cemex may back down out of Semen Gresik purchase

Govt fears Cemex may back down out of Semen Gresik purchaseDadan Wijaksana, The Jakarta Post, Jakarta State Minister for State Enterprises Laksamana Sukardi said on Thursday that Cemex SA de CV had basically agreed with the government's new scheme for the sale of state-owned cement maker PT Semen ...

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Fri, 07 Dec 2001

JP/Govt policy: It's hard to be consistent

Govt policy: It's hard to be consistentSjahrir, Economist, Chairman, The New Indonesia Alliance (PIB) Once again the latest draft Letter of Intent (LoI) issued in November, entitled the Memorandum of Economic and Financial Policies, uses a very detailed approach beyond the framework ...

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Fri, 07 Dec 2001

JP/City still dithering over garbage problem

City still dithering over garbage problemAnnastashya Emmanuelle, The Jakarta Post, Jakarta The Jakarta administration's incompetence in waste management has back-fired on the administration following the decision of Bekasi municipality to close Bantar Gebang, Jakarta's principal garbage dump, ...

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Fri, 07 Dec 2001

JP/Commitment and unity

Commitment and unity As an observer of Indonesia it would seem to me that the country wastes and totally underestimates the strength and value of its largest resource: its people.

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Fri, 07 Dec 2001

JP/Year-end Optimism

Year-end Optimism Positive thinking will help a patient stand a better chance of recovering. While a human being is a living organism, a state is a social organism.

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Fri, 07 Dec 2001

JP/TV today

TV todayTVRI 3:00 a.m. Ramadhan Program 5:00 Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Song 10:30 30 Minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

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Fri, 07 Dec 2001

JP/Poverty: Gap between intent and action

Poverty: Gap between intent and actionAndy Rowell, Guardian News Service, London Putting a price on the Afghanistan conflict is so far impossible, but financial analysts predict it will be "tens of billions of dollars".

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Fri, 07 Dec 2001

JP/Government to boost inspection of imports

Government to boost inspection of importsAdianto P.Simamora, The Jakarta Post, Jakarta The government plans to issue a new trade ruling early next year requiring imported electronics, textiles, footwear and toys to undergo a physical inspection process by the local customs office in a bid to curb ...

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Fri, 07 Dec 2001

JP/Community participation vital in regional autonomy

Community participation vital in regional autonomyPeter de Young, Public Relations Consultant, Jakarta The informative summary of the potential problems associated with the planned introduction of regional autonomy by Gustaf Tamo Mbapa (The Jakarta Post, Nov.

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Fri, 07 Dec 2001

JP/Thaksinomics: a few hits, a lot of misses and troubles

Thaksinomics: a few hits, a lot of misses and troublesThe Nation, Asia News Network, Bangkok The external environment has become more hostile with the recession in the United States and competing exports from China. Unemployment is growing as new graduates cannot find jobs.

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Fri, 07 Dec 2001

JP/Aggressive campaign to help school age children vital: Analysts

Aggressive campaign to help school age children vital: AnalystsBambang Nurbianto The Jakarta Post Jakarta Education analysts proposed on Thursday an intensive campaign to help millions of school age children who were unable to continue their education, saying that otherwise a tragedy for the ...

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Fri, 07 Dec 2001

JP/Govt to launch operation to mend security in Poso

Govt to launch operation to mend security in PosoBadri Jawara, The Jakarta Post, Poso The government will launch a Security Restoration Operation on Monday in an effort to stop the latest outbreak of sectarian violence that has claimed hundreds of lives in the town of Poso, Central Sulawesi, the ...

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Fri, 07 Dec 2001

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions* Stone Lithographs and Paintings by Ken Pattern, Koi Galeri/Restoran Jl Mahakam I/2 (Tel: 722 2864), 11 a.m. to 11 p.m. until Dec. 31. * Indonesian Comic part 2, The British Council, S. Widjoyo Centre, Jl. Jend. Sudirman 71, South Jakarta, Monday to Friday, 9 a.m.

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Fri, 07 Dec 2001

JP/Aggressive campaign to help school age children vital: Analysts

Aggressive campaign to help school age children vital: AnalystsBambang Nurbianto The Jakarta Post Jakarta Education analysts proposed on Thursday an intensive campaign to help millions of school age children who were unable to continue their education, saying that otherwise a tragedy for the ...

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Fri, 07 Dec 2001

JP/Educators call for drive to help poor children

Educators call for drive to help poor childrenBambang Nurbianto, The Jakarta Post, Jakarta Education analysts proposed on Thursday an intensive campaign to help millions of school age children who were unable to continue their education, saying that otherwise a tragedy for the country's future ...

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Fri, 07 Dec 2001

JP/A land of time-honored traditions and rapid lifestyle changes

A land of time-honored traditions and rapid lifestyle changes What do many Indonesians have in mind when they think of the United Arab Emirates? Its oil? Sand? Dates? Football? Emirates airline? The teasing prices at its airport duty-free shops? Or simply as one of the richest countries in the ...

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Fri, 07 Dec 2001

JP/Golkar's empty bluff

Golkar's empty bluff The forming of a special committee is finally on the agenda of the Consultative Body (Bamus) of the House of Representatives (DPR).

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Fri, 07 Dec 2001

JP/Laskar Jihad members facing possible six years in prison

Laskar Jihad members facing possible six years in prisonAinur R. Sophiaan, The Jakarta Post, Surabaya. Suspected of involvement in the recent riots in Ngawi, East Java, 102 Laskar Jihad members face possible six-year prison sentences, local police said.

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Fri, 07 Dec 2001

JP/Development zones to be reviewed

Development zones to be reviewedThe Jakarta Post, Jakarta President Megawati Soekarnoputri has instructed the Minister for the Acceleration of Eastern Indonesian Development, Manuel Kaisiepo, to review the Integrated Economic Development Zone (Kapet) program due to slow progress in attracting ...

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Fri, 07 Dec 2001

JP/Tommy tries to stall investigation, reports Gus Dur's ally to police

Tommy tries to stall investigation, reports Gus Dur's ally to policeTiarma Siboro, The Jakarta Post, Jakarta In what could be seen as an attempt to derail the criminal investigation against him, Hutomo "Tommy" Mandala Putra filed a complaint with Jakarta Police Headquarters on Thursday ...

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Fri, 07 Dec 2001

JP/Tommy enjoys all the comforts of home

Tommy enjoys all the comforts of homeEmmy Fitri, The Jakarta Post, Jakarta Police are taking no chances with their most famous detainee, Hutomo "Tommy" Mandala Putra. So much so, that they do not even want to risk affording him the "comforts" of an actual jail cell or a prison uniform.

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Fri, 07 Dec 2001

JP/Two vehicle thieves shot dead

Two vehicle thieves shot dead JAKARTA: Two men, said to be specialist vehicle thieves, were shot dead by police officers from the Tamansari police subprecinct when they were caught trying to steal a motorcycle in Glodok on Thursday.

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Fri, 07 Dec 2001

JP/Judge's trial postponed

Judge's trial postponed JAKARTA: A state prosecutor failed on Thursday to present a sentencing request for Jakarta High Court judge Fauzatulo Zendrato, who is being tried for bribery.

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Fri, 07 Dec 2001

JP/Experts back Poso plan, doubt TNI capacity

Experts back Poso plan, doubt TNI capacityBambang Nurbianto, The Jakarta Post, Jakarta Military analysts threw their weight on Thursday behind the government's plan to impose a state of emergency to end the sectarian fighting in Poso, Central Sulawesi, but cast doubt on the military's ...

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Fri, 07 Dec 2001

JP/House appoints BI deputy governors

House appoints BI deputy governorsThe Jakarta Post, Jakarta The House of Representatives appointed three Bank Indonesia deputy governors late on Wednesday, overriding an earlier deal to wait for an amendment to the central bank law.

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Fri, 07 Dec 2001

JP/A new beginning?

A new beginning? It is part of the tragedy in Afghanistan that even at a moment when the inconceivable has been achieved and peace appears to be close at hand with the power-sharing agreement signed by the four Afghan factions in Bonn, Germany, on Wednesday, that such a development must be viewed ...

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Fri, 07 Dec 2001

JP/Pick of the Flicks

Pick of the FlicksHollywood KC (Tel. 5256351) Monster Inc 15:00 19:05 21:15 Bounce 15:40 19:45 21:45 Ticker 15:00 19:05 21:15 Don't Say a Word 15:40 19:45 21:45 Captain Corelli's Mandolin ...

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Fri, 07 Dec 2001

JP/Ramadhan time for Jakarta

Ramadhan time for JakartaFriday Maghrib 6:00 p.m.Saturday Imsak 3:58 a.m. Subuh 4:08 a.m.

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Fri, 07 Dec 2001

JP/Two vehicle thieves shot dead

Two vehicle thieves shot dead JAKARTA: Two men, said to be specialist vehicle thieves, were shot dead by police officers from the Tamansari police subprecinct when they were caught trying to steal a motorcycle in Glodok on Thursday.

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Fri, 07 Dec 2001

JP/An adventure of the most rapid lifestyle changes

An adventure of the most rapid lifestyle changes What do many Indonesians have in mind about this country? Its oil? Sand? Date? Football team and leagues? The Emirate Airline? The teasing prices at its airport dutyfree shops? Or simply as one of the richest countries in the world?Many of us ...

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Fri, 07 Dec 2001

JP/Bank Mandiri raises $125m from overseas market

Bank Mandiri raises $125m from overseas marketThe Jakarta Post, Jakarta State-owned Bank Mandiri successfully sold US$125 million of five-year floating rate euro bonds on Thursday, marking the first overseas bond issue by a government-owned firm since the 1997 financial crisis.

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Fri, 07 Dec 2001

JP/Widodo TNI chief until 2004

Widodo TNI chief until 2004 JAKARTA: The controversy over the replacement of Adm. Widodo A.S. as Commander of the Indonesian Military (TNI) continued with TNI spokesman Rear Marshal Graito Usodo saying on Thursday that there would be no replacement of the post of TNI chief until 2004.

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Fri, 07 Dec 2001

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 6, 2001: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,175 ...

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