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

Mon, 30 Nov 1998

JP/Special team will study stock exchanges' merger plan

Special team will study stock exchanges' merger plan JAKARTA (JP): The Jakarta Stock Exchange (JSX) and Surabaya Stock Exchange (SSX) have set up a special team to study the two exchanges merger plan.

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Mon, 30 Nov 1998

JP/Two soldiers killed in E. Timor

Two soldiers killed in E. Timor DILI, East Timor: Falintil separatist rebels ambushed and killed two soldiers out on patrol near Terema village in Bobonaro regency, 80 kilometers west of Dili, on Friday morning.East Timor Military Commander Col.

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Mon, 30 Nov 1998

JP/Cape Town mayor visits Jakarta

Cape Town mayor visits Jakarta JAKARTA (JP): The mayor of Cape Town, William Bantom, is scheduled to arrive on Monday for a five-day visit, the Embassy of South Africa said in a statement.

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Mon, 30 Nov 1998

JP/Leading military supporter of Sumatran autonomy dies

Leading military supporter of Sumatran autonomy dies PADANG, West Sumatra (JP): A renowned military supporter of autonomy for Sumatra, Col. (ret.) Ahmad Husein, died in Jakarta on Saturday at the age of 73.

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Mon, 30 Nov 1998

JP/Indorayon's imbroglio

Indorayon's imbroglio The latest wave of violent attacks by local protesters at the pulp and rayon mills of publicly-listed PT Inti Indorayon Utama near Lake Toba in North Sumatra last week, is an example of the hazards faced by resource-based ventures operating in Indonesia's new era of reform.

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Mon, 30 Nov 1998

JP/Atma Jaya holds graduation ceremony

Atma Jaya holds graduation ceremony JAKARTA (JP): Atma Jaya University held its 33rd graduation ceremony at the Senayan Convention Center in Central Jakarta on Saturday.

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Mon, 30 Nov 1998

JP/U.S. shows hypocricy over issue of nuclear weapons

U.S. shows hypocricy over issue of nuclear weaponsBy Gwynne Dyer LONDON (JP): Back in June, after India and Pakistan had shaken the world by testing nuclear weapons, U.S. Secretary of State Madeleine Albright warned them that they were making a dreadful mistake.

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Mon, 30 Nov 1998

JP/Pick of the Flicks

Pick of the FlicksHollywood KC The Negotiator 14:15 17:05 19:55 Shadow of Doubt 14:55 17:35 19:45 21:55 Kuldesak 14:15 16:55 19:05 21:15 Back to Even 14:55 17:35 19:45 21:55Senayan The Negotiator 13:00 16:00 19:00 Shadow of Doubt ...

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Mon, 30 Nov 1998

JP/Focus on Soeharto a misguided issue

Focus on Soeharto a misguided issue Recently, demonstrations aimed at pressuring the government to immediately try Soeharto have been held at a much greater intensity and frequency. Waves of thousands of students have tried to reach the residence of the country's former number one.

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Mon, 30 Nov 1998

JP/Soeharto ownership of properties found

Soeharto ownership of properties found JAKARTA (JP): Officials in East Kalimantan, Yogyakarta and Padang, West Sumatra, have discovered that former Soeharto and his family owned millions of hectares more property in their areas than previously thought.

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Mon, 30 Nov 1998

JP/Christians pardon rioters and pray for them during service

Christians pardon rioters and pray for them during serviceBy Ida Indawati Khouw JAKARTA (JP): Christians are encouraged not to take revenge against those who damaged and burned churches last week, but to instead pray for them and forgive them, preachers told congregations on the first Sunday ...

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Mon, 30 Nov 1998

JP/Radio and TV crews get awards

Radio and TV crews get awards JAKARTA (JP): A number of television and radio crews have received recognition for the public service they provided during clashes in Jakarta on Nov. 12 and Nov. 13 in which 16 people died.

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Mon, 30 Nov 1998

JP/PGRI distances itself from Golkar

PGRI distances itself from Golkar BANDUNG (JP): The Indonesian Teachers Association (PGRI) vowed here on Saturday that it would release itself from decades-long association with the dominant Golkar grouping and instead strive to make itself a true professional association.

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Mon, 30 Nov 1998

JP/Electric train projects

Electric train projects I am writing in response to The Jakarta Post's front page article of Nov. 25, 1998, on Indonesia's subway project. The projected cost of the Jakarta subway, US$1.

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Mon, 30 Nov 1998

JP/Soeharto warns Habibie

Soeharto warns Habibie JAKARTA (JP): Former president Soeharto's lawyer Yohanes Yacob warned President B.J.Habibie on Saturday that if the investigation of his client's wealth resulted in court proceedings there would be a devastating backlash against the whole government.

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Mon, 30 Nov 1998

JP/Social body gives Rp 976m donation

Social body gives Rp 976m donation JAKARTA (JP): The newly-established Indonesian Committee for Humanity marked its inaugural day on Saturday by handing over a donation worth over Rp 976 million (US$134,620) to Jakarta's needy people and social institutions badly hit by the economic crisis.

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Mon, 30 Nov 1998

JP/What's new in the ever changing computing world?

What's new in the ever changing computing world?By Zatni Arbi JAKARTA (JP): Magnesium, a type of silvery-white metal that is light and moderately hard, is suddenly being used by a growing number of notebook makers for the housing of their notebooks, replacing the thicker plastic.

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Mon, 30 Nov 1998

JP/ABRI's dual function

ABRI's dual function Indonesia's current political developments are so interesting as well as confusing, particularly to laymen like myself. It seems the Indonesian people are divided into at least two groups with regards to the Armed Forces (ABRI) dual function.

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Mon, 30 Nov 1998

JP/PPP supporters keep Jakartans off the streets

PPP supporters keep Jakartans off the streets JAKARTA (JP): Most city residents chose to stay at home on Sunday after thousands of United Development Party (PPP) supporters took to the capital's streets early in the morning.

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Mon, 30 Nov 1998

JP/Exporters hail plan to set up trade financing agency

Exporters hail plan to set up trade financing agency JAKARTA (JP): Exporters hailed on Saturday the government's plan to establish a financing agency whose immediate focus will be to provide them with subsidized preshipment working capital and export credit, as a breakthrough in overcoming the ...

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Mon, 30 Nov 1998

JP/Indorayon calls on govt to provide protection

Indorayon calls on govt to provide protection JAKARTA (JP): Publicly-listed pulp and rayon producer PT Inti Indorayon Utama has called on the government to protect its operations, its workers and property while an independent auditing team begins work to decide its fate on Monday.

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Mon, 30 Nov 1998

JP/PPP opens fourth congress, cadres begin campaigning

PPP opens fourth congress, cadres begin campaigning JAKARTA (JP): Backed by tens of thousands of cadres and supporters who subsequently began election campaigning, the United Development Party (PPP) opened its fourth congress here on Sunday.Traffic disruption was so bad that even President B.J.

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Mon, 30 Nov 1998

JP/Drug dealers busted with 'shabu-shabu'

Drug dealers busted with 'shabu-shabu' JAKARTA (JP): City police detectives have apprehended two alleged dealers of amphetamine-derivative shabu-shabu and confiscated 100 grams of the drug with an estimated street value of Rp 35 million (US$4,666).The suspects -- identified as A.

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Mon, 30 Nov 1998

JP/PAN ready for coalition with 'reformed' Golkar

PAN ready for coalition with 'reformed' Golkar JAKARTA (JP): The chairman of the National Mandate Party (PAN) Amien Rais said on Sunday that his party was ready to enter into a coalition with Golkar, provided the ruling political organization "reformed" and repented of its past wrongdoings.

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Mon, 30 Nov 1998

JP/Chipping away at press freedom

Chipping away at press freedom Is the Indonesian government in favor of freedom of the press? Is it going to uphold it in future? I ask because state-owned television network TVRI recently seems to be doing its utmost to create a public perception that "freedom of the press is a bad thing".

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Mon, 30 Nov 1998

JP/IBRA to hold auction

IBRA to hold auction JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will auction noncore assets of liquidated banks on Dec. 8 and Dec. 9.IBRA director Eko Budianto said on Saturday that 83 cars and 41 motorcycles would be auctioned to the public through its asset management unit.

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Mon, 30 Nov 1998

JP/Foreign airlines concerned over violence reports

Foreign airlines concerned over violence reports JAKARTA (JP): Foreign carriers are concerned over reports of increasing violence in Indonesia, saying this may worsen their already sluggish businesses in the country.

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Mon, 30 Nov 1998

JP/Leading figures warn of 'disaster' if polls unfair

Leading figures warn of 'disaster' if polls unfair JAKARTA (JP): The nation could be torn apart if there is no guarantee that next year's general election will be free and fair, it was warned on Sunday.

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Mon, 30 Nov 1998

JP/Medan students tell police about protest

Medan students tell police about protest JAKARTA (JP): Hundreds of high school students in Medan who protest against their principal on Saturday at the local office of the Ministry of Education and Culture took the unusual step of obeying a new law and notified the police in advance.

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Mon, 30 Nov 1998

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon 8:00 Music 8:30 Documantary: Pesona Flora 9:00 Music 9:30 Interval 2:00 p.m.

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Mon, 30 Nov 1998

JP/Toward an orderly election

Toward an orderly election Those who are hoping that one day a person will emerge to lead a democratic Indonesia naturally realize the importance of preventing this republic from being destroyed from within.

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Mon, 30 Nov 1998

JP/Rights activists warn government about Aceh

Rights activists warn government about Aceh JAKARTA (JP): Human rights activists on Saturday warned about the latent danger of inciting anger in Aceh as the result of what they said were the vague steps so far taken by the government to atone for atrocities committed during military operations in ...

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Mon, 30 Nov 1998

JP/UI campus becomes no-smoking zone

UI campus becomes no-smoking zone JAKARTA (JP): The University of Indonesia has designated its campus on Jl. Salemba Raya in Central Jakarta -- home to three medical schools -- as a no-smoking zone.

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Mon, 30 Nov 1998

JP/Skepticism haunts next election

Skepticism haunts next electionBy Yulius P. Hermawan BANDUNG (JP): The widespread criticism of the decisions reached by the recent Special Session of the People's Consultative Assembly (MPR) shows a public awareness of the necessity of next year's general election.

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Mon, 30 Nov 1998

JP/Unocal to apply cheap technology to new reserves

Unocal to apply cheap technology to new reserves JAKARTA (JP): Oil and gas company Unocal Indonesia, a subsidiary of the giant United States energy company Unocal Corp.

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Mon, 30 Nov 1998

JP/Parung drivers irked by traders at terminal

Parung drivers irked by traders at terminal BOGOR (JP): Hundreds of public transportation drivers in Parung district here protested on Saturday the takeover of a minivan terminal by market traders, saying it threatened their livelihood.

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Mon, 30 Nov 1998

JP/Orangutans sick in E. Kalimantan

Orangutans sick in E. Kalimantan BALIKPAPAN, East Kalimantan: Ailments afflicting orangutans in East Kalimantan include the common flu, hepatitis, intestinal worms and tuberculosis, the head of a forestry research center has said.

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Mon, 30 Nov 1998

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: at Galeri Mini, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), Monday to Friday, 10 a.m. to 6 p.m., Saturday, 10 a.m. to 12:30 p.m., Dec. 1-8.

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Mon, 30 Nov 1998

JP/Idle land to be used by locals

Idle land to be used by locals JAKARTA (JP): Local people will be allowed to utilize at least 1,900 hectares of land in the city cleared by developers but subsequently neglected.

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Mon, 30 Nov 1998

JP/Local stocks expected to lose steam this week

Local stocks expected to lose steam this week JAKARTA (JP): Share prices in the local market are expected to lose steam this week due to the absence of a foreign funds inflow into the local bourse and lingering fears over the country's political and social environment, analysts said.

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