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

Fri, 09 Oct 1998

JP/PSSI unveils groups for new league season

PSSI unveils groups for new league season JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) announced on Thursday the soccer league championship grouping for the new season set to kick off on Nov. 1.

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Fri, 09 Oct 1998

JP/Capital control revisited

Capital control revisited To many, the wooden communiques issued after the huffing and puffing at the series of meetings held by the world's financial leaders in Washington in light of the annual meetings of the IMF and World Bank over the past six days had a familiar ring.

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Fri, 09 Oct 1998

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Warner Kartun 3:05 Music Lessons 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 Documentary: Rona ...

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Fri, 09 Oct 1998

JP/17 foreigners arrested

17 foreigners arrested JAKARTA (JP): Immigration officers arrested 14 Pakistanis and three Indians on Wednesday on suspicion their entry into the country was made on false pretenses.

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Fri, 09 Oct 1998

JP/Jakarta's social workers work tirelessly for the handicapped

Jakarta's social workers work tirelessly for the handicapped In observance of National Mental Health Day on Friday and World Mental Health Day on Saturday, The Jakarta Post reporter Ida Indawati Khow talked with several social workers at psychiatric centers in the capital.

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Fri, 09 Oct 1998

JP/Riot claim settlement

Riot claim settlement We refer to the business article titled "Sinar Mas already paid 40% of May riot victims' claims" of Sept. 18. It states in the article that "...Sinar Mas is the first company to publicly announce it has paid insurance claims to riot victims after four months of uncertainty...

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Fri, 09 Oct 1998

JP/Megawati's PDI mulling new name to contest election

Megawati's PDI mulling new name to contest election DENPASAR (JP): Megawati Soekarnoputri's faction of the splintered Indonesian Democratic Party (PDI) is considering a new name so it can contest next year's general election because the government only recognizes the rival PDI camp currently ...

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Fri, 09 Oct 1998

JP/Habibie to meet Estrada in Batam

Habibie to meet Estrada in Batam JAKARTA (JP): President B.J. Habibie has dropped his planned working visit to Malaysia this month and will instead meet with Philippine President Joseph Estrada next week in Batam, Riau.

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Fri, 09 Oct 1998

JP/New culture in corporate mergers

New culture in corporate mergersBy Greg Doyle JAKARTA (JP): It seems likely that we will soon see a wave of mergers, divestitures and acquisitions in corporate Indonesia.

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Fri, 09 Oct 1998

JP/Armed robbery in Pondok Cabe

Armed robbery in Pondok Cabe JAKARTA (JP): A group of masked robbers broke into a house in Pamulang in South Jakarta early on Wednesday and made off with an Isuzu Panther van, mobile phone, video recorder, jewelry and cash totaling Rp 200 million.City policeman spokesman Lt. Col.

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Fri, 09 Oct 1998

JP/Mexican film event focuses on women's lives

Mexican film event focuses on women's livesBy Izabel Deuff JAKARTA (JP): The border town of Tijuana between Mexico and the United States radiates a special atmosphere: while on the American side helicopters continuously patrol, on the Mexican side people congregate while waiting for the best ...

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Fri, 09 Oct 1998

JP/Night patrols fail to stop killing spree in Banyuwangi

Night patrols fail to stop killing spree in Banyuwangi SURABAYA (JP): Despite intensive night patrols by residents and the military repeatedly asserting that it was in control of the situation, four more people have been killed in the mysterious East Java murder spree that has claimed more than ...

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Fri, 09 Oct 1998

JP/Harapan Kita nurses stage rally

Harapan Kita nurses stage rally JAKARTA (JP): At least 200 nurses from West Jakarta's Harapan Kita Child and Maternity Hospital staged a peaceful demonstration on Wednesday to demand a significant increase in their welfare allowance.

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Fri, 09 Oct 1998

JP/Rupiah shoots up to 8,800 against dollar, stocks jump 8.4%

Rupiah shoots up to 8,800 against dollar, stocks jump 8.4% JAKARTA (JP): The local financial market recorded significant advances on Thursday, with the rupiah breaking the 9,000 level to hit an intraday high of 8,800 against the U.S. dollar and share prices jumping 8.4 percent, dealers said.

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Fri, 09 Oct 1998

JP/Suka to discard musical norms at art summit

Suka to discard musical norms at art summit JAKARTA (JP): Either way one sees it, to slide fingers over a Javanese gamelan and play it like a piano, or play a rebab (traditional stringed instrument) passed its slenten (small piece of wood located at the center of the rebab) section, which acts as ...

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Fri, 09 Oct 1998

JP/Muhammadiyah to protect Amien

Muhammadiyah to protect Amien PONTIANAK, West Kalimantan: As many as 5,000 local supporters of the Muhammadiyah Islamic organization will be mobilized to protect National Mandate Party (PAN) chairman Amien Rais when he visits here on Oct. 12.

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Fri, 09 Oct 1998

JP/Kadin slams govt policy toward ailing banks

Kadin slams govt policy toward ailing banks JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) has criticized the government's approach to righting the country's rickety banks as "unrealistic".

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Fri, 09 Oct 1998

JP/Soekardjo's lawyer detained

Soekardjo's lawyer detained YOGYAKARTA: Police picked up lawyer Satryawan Guntur Zass here on Thursday after he failed to respond to two previous police summonses.

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Fri, 09 Oct 1998

JP/Bali: A shop window for Indonesian democracy

Bali: A shop window for Indonesian democracy Many observers have expressed relief over the fact that the Indonesian Democratic Party (PDI) led by Megawati Soekarnoputri has been allowed to hold its congress in Bali.

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Fri, 09 Oct 1998

JP/PDFCI filed bankruptcy case against firm

PDFCI filed bankruptcy case against firm JAKARTA (JP): Publicly listed Bank PDFCI filed a bankruptcy petition against PT Sarana Kemas Utama at the commercial court on Thursday.According to court data, PDFCI filed the bankruptcy request on Sept. 30 after the company failed to repay a Rp 21.

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Fri, 09 Oct 1998

JP/'Preauction vital' for optimum optimum auction results

'Preauction vital' for optimum optimum auction results JAKARTA (JP): The government has advised auction petitioners intending to sell assets publicly through auctions to conduct preauction activities to get optimum results, the Ministry of Finance said on Thursday.

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Fri, 09 Oct 1998

JP/'RI equestrian team unfit for Asiad'

'RI equestrian team unfit for Asiad' JAKARTA (JP): The Indonesian Equestrian and Horse Racing Association admitted on Thursday that its team did not deserve places in the national contingent for the 13th Asian Games in Bangkok.

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Fri, 09 Oct 1998

JP/Timor car project to go ahead despite Kia's woes

Timor car project to go ahead despite Kia's woes JAKARTA (JP): PT Timor Putra Nasional announced on Thursday that its controversial car project would move ahead despite financial problems facing its Korean partner and the removal of government tax breaks.

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Fri, 09 Oct 1998

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Gerak dan Warna, at Sari Pan Pacific Hotel Jl. M.H. Thamrin, Central Jakarta (Phone: 323707), Oct. 9- 23. * Painting Exhibition: Lukisan Dalam Gejolak Reformasi, by Irawan Karseno, Yoes Rizal, etc., in Bebek Bali Resto-Cafe- Gallery, Jl.

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Fri, 09 Oct 1998

JP/Officers to be posted at street junctions

Officers to be posted at street junctions JAKARTA (JP): City police pledged on Thursday to intensify security by posting more plainclothes police officers at busy street junctions and residential complexes in a bid to stem the rising tide of crime in the capital.

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Fri, 09 Oct 1998

JP/House establishes committee to deliberate antimonopoly bill

House establishes committee to deliberate antimonopoly bill JAKARTA (JP): The House of Representatives (DPR) has set up a special committee to speed up deliberations of a House-initiated antimonopoly bill.

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Fri, 09 Oct 1998

JP/Bintan welcomes Indonesians

Bintan welcomes Indonesians I am replying to Mrs. Dorcas M. Polnaya's letter entitled "Can't Indonesians enjoy own country?" which appeared in your Sept. 29 edition.We thank Mrs.

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Fri, 09 Oct 1998

JP/'TECHNOGERMA' fully booked

'TECHNOGERMA' fully booked JAKARTA (JP): Germany is promising to proceed with its plan to hold a major technology exhibition, called TECHNOGERMA, here in March next year despite the current economic crisis.

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Fri, 09 Oct 1998

JP/Mar'ie, experts welcome capital control plan

Mar'ie, experts welcome capital control plan JAKARTA (JP): Former finance minister Mar'ie Muhammad has welcomed the government's plan to introduce as yet unspecified forms of capital controls to help stabilize the beleaguered rupiah.

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Fri, 09 Oct 1998

JP/New BPK chairman pledges to fight bureaucratic graft

New BPK chairman pledges to fight bureaucratic graft JAKARTA (JP): Newly appointed Supreme Audit Agency (BPK) chairman Satrio B. Joedono promised on Thursday to maintain his integrity in the fight against corruption, collusion and nepotism in the bureaucracy.

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Fri, 09 Oct 1998

JP/Gunungkidul gourmands gorge themselves on grasshopppers

Gunungkidul gourmands gorge themselves on grasshopppersBy Gin Kurniawan GUNUNGKIDUL, Yogyakarta (JP): With the price of most types of meat now beyond the spending power of many consumers, residents of Gunungkidul regency are turning their taste buds to a more common and cheaper form of sustenance.

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Fri, 09 Oct 1998

JP/New E. Timor violations unveiled

New E. Timor violations unveiled JAKARTA (JP): A researcher said on Thursday that more than 1,000 East Timorese women had been raped or sexually assaulted since the process of integrating the region into Indonesia began 22 years ago.

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Fri, 09 Oct 1998

JP/Food-for-work program to start later this month

Food-for-work program to start later this month JAKARTA (JP): A food-for-work program worth US$429,400 will start later this month in two areas of Jakarta worst hit by the crisis, an official from an international humanitarian organization said on Thursday.

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Fri, 09 Oct 1998

JP/City sets up team to provide training for street children

City sets up team to provide training for street children JAKARTA (JP): The city authority has set up a team to help reduce the number of street children in the capital, which one estimate now places at around 9,000, an official said on Thursday.

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Fri, 09 Oct 1998

JP/Baramuli enters debate over necessity of DPA

Baramuli enters debate over necessity of DPA JAKARTA (JP): In response to suggestions that the Supreme Advisory Board (DPA) should be dissolved, chairman A.A. Baramuli said he would not mind if the people's representatives decided the body was no longer needed.

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Fri, 09 Oct 1998

JP/RI may cancel purchase of Sukhoi from Russia

RI may cancel purchase of Sukhoi from Russia JAKARTA (JP): Indonesia will probably cancel the purchase of 12 Sukhhoi bombers and eight helicopters from Russia because of the prolonged economic crisis, according to Air Force Chief of Staff Vice Marshal Hanafie Asnan.

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Fri, 09 Oct 1998

JP/The art of debating

The art of debating It is perfectly all right that there were only a few Chinese who participated in the armed struggle for our independence. There were large parts of the Indonesian society which did not participate at all.

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Fri, 09 Oct 1998

JP/Pertamina claims $60m saved annually in efficiency program

Pertamina claims $60m saved annually in efficiency program JAKARTA (JP): State oil and gas company Pertamina has estimated that it could save more than US$60 million in costs every year through its efficiency programs.

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Fri, 09 Oct 1998

JP/Business Partner Cities to hold 12th meeting

Business Partner Cities to hold 12th meeting JAKARTA (JP): Representatives of 11 cities grouped in the Business Partner Cities (BPC) organization will hold their 12th annual round table, seminars and trade fair here on Oct. 21 and Oct. 22.

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Fri, 09 Oct 1998

JP/Wiranto warns of rising threat

Wiranto warns of rising threat JAKARTA (JP): Armed Forces (ABRI) Commander Gen. Wiranto told the 1,600-strong Presidential Security Guard (Paspampres) on Wednesday to step up security around the President and visiting foreign leaders.

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Fri, 09 Oct 1998

JP/ABRI should give up political role: Indria

ABRI should give up political role: Indria JAKARTA (JP): Military observer Indria Samego argued against the Armed Forces' (ABRI) role in politics on Thursday, saying its involvement would not help democratization.

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Fri, 09 Oct 1998

JP/New E. Jakarta mayor installed

New E. Jakarta mayor installed JAKARTA (JP): Andi Mappaganty has been installed as the new mayor of East Jakarta, replacing Sudarsono, who returns to his former post in the Armed Forces Headquarters.

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Fri, 09 Oct 1998

JP/Habibie to open PWI congress

Habibie to open PWI congress SEMARANG: President B.J. Habibie is scheduled to open the 20th congress of the Association of Indonesian Journalists here on Saturday.

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Fri, 09 Oct 1998

JP/200 laid-off workers plead their case

200 laid-off workers plead their case JAKARTA (JP): More than 200 laid-off workers of Surakarta- based garment company PT Tyfountex Indonesia have traveled from the Central Java town to the capital to protest the company's refusal to rehire them.

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Fri, 09 Oct 1998

JP/Megawati vows clean government

Megawati vows clean governmentBy Imanuddin & M.M.I. Ahyani DENPASAR (JP): Megawati Soekarnoputri opened on Thursday the congress of her faction of the splintered Indonesian Democratic Party (PDI), vowing a clean government if she won the general election.

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Fri, 09 Oct 1998

JP/It's time for Chinese-Indonesians to wake up

It's time for Chinese-Indonesians to wake upBy Rahayu Ratnaningsih This is the second of two articles suggesting steps which could be taken by Chinese-Indonesians in the aftermath of the May riots. JAKARTA (JP): It escapes many people why President B.J.

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Fri, 09 Oct 1998

JP/One killed, two injured in collision

One killed, two injured in collision JAKARTA (JP): A speeding minibus crashed into a passing train at a level crossing on Jl. Pramuka, Central Jakarta on Wednesday, killing one of the bus passengers and severely injuring another and the bus driver.

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Fri, 09 Oct 1998

JP/Art Summit schedule

Art Summit schedule Oct. 9-10: Music, Wulan Bamban, Suka Hardjana (Indonesia), Gedung Kesenian Jakarta (GKJ), Jl. Pos No. 2, Central Jakarta (Phone: 3441892).Oct. 11-12: Theater, Ngeh (Understand), Teater Mandiri (Indonesia), Taman Ismail Marzuki (TIM), Jl.

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Fri, 09 Oct 1998

JP/Mixed reactions greet protest bill debate

Mixed reactions greet protest bill debate JAKARTA (JP): Legal experts Todung Mulya Lubis and Abdul Hakim Garuda Nasution commended the House of Representatives on Thursday because it had managed to persuade the government to allow street protests without requiring police permits.

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Fri, 09 Oct 1998

JP/RI forests vanishing rapidly

RI forests vanishing rapidly BOGOR, West Java: A conservancy expert said here on Thursday that the country's 90 million to 120 million hectares of primary forests were vanishing at a rate of 1 million hectares a year.

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Fri, 09 Oct 1998

JP/Conversion Rates

Conversion Rates JAKARTA (JP): Bank Bali's conversion rates on Oct. 8, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

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Fri, 09 Oct 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 8, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 325 0 ...

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