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

Find Article by Date

Find news items by date

Select Year:

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2015 2016 2017

Select Month:

1 2 3 4 5 6 7 8 9 10 11 12

Select Day:

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Searching for all articles published on 1998-02-20 ...

49 articles.

Fri, 20 Feb 1998

JP/Big banks mismanage global economy

Big banks mismanage global economy The financial crisis in East Asia has brought home to what extent the world's banks have mismanaged the global economy, says author Hazel Henderson. In this Inter Press Service column, she calls for a rethinking of the role of banks. ST.

Fri, 20 Feb 1998

JP/Habibie's nomination not a victory for Moslems: Scholar

Habibie's nomination not a victory for Moslems: Scholar JAKARTA (JP): The imminent accession of State Minister of Research and Technology B.J. Habibie to the vice presidency does not represent a victory for Indonesian Moslems in politics, but for the political elite, a political observer says.

Fri, 20 Feb 1998

JP/Food priced in dollars

Food priced in dollars My family and I left for a five-day vacation on the beautiful island of Bali on Jan. 28. We were booked in to the Melia Sol Hotel on Nusa Dua Beach. My choice of hotel was based on two reasons.

Fri, 20 Feb 1998

JP/Daring measures needed?

Daring measures needed? When market sentiments are nervous and highly sensitive to breaking news, any moves with the potential to disrupt tranquility should, in theory, be avoided.

Fri, 20 Feb 1998

JP/Trading partners agree to give credit guarantees

Trading partners agree to give credit guarantees JAKARTA (JP): Japan, Australia and the United States have agreed to provide credit guarantees for Indonesian exporters to import raw materials, a senior trade official said yesterday.

Fri, 20 Feb 1998

JP/Stock up almost 5% as rupiah strengthens

Stock up almost 5% as rupiah strengthens JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) rose nearly 5 percent yesterday, supported by strong foreign and local buying of blue chip and mid-size stocks, brokers said.

Fri, 20 Feb 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 19, 1998: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

Fri, 20 Feb 1998

JP/Activists step up bid for Emil's VP candidacy

Activists step up bid for Emil's VP candidacy JAKARTA (JP): Activists from a coalition of non-governmental organizations (NGOs) maintained the momentum yesterday to nominate former cabinet minister Emil Salim for the vice presidency, despite some people's belief his campaign does not have even ...

Fri, 20 Feb 1998

JP/Kendari hit by third day of rioting

Kendari hit by third day of rioting JAKARTA (JP): Rioting erupted again yesterday in the Southeast Sulawesi capital Kendari, following similar unrest in the city Tuesday and Wednesday. Hundreds of people, enraged by soaring prices, went on the rampage damaging and looting dozens of stores.

Fri, 20 Feb 1998

JP/RI judokas switch classes for Asiad

RI judokas switch classes for Asiad JAKARTA (JP): Indonesian judoka champion Kresna Bayu, who won two golds in the 19th SEA Games here last year, is to move from the 86-kilogram division to the 90kg division in preparation for the 13th Asian Games in Bangkok in December, an official said.

Fri, 20 Feb 1998

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Tom and Jerry Kid 3:10 Children's Dance 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita ...

Fri, 20 Feb 1998

JP/Alleged robber tries to commit suicide

Alleged robber tries to commit suicide JAKARTA (JP): Police said an alleged robber panicked and attempted to commit suicide by drinking liquid insecticide yesterday after a man was killed during a robbery at Pondok Gede Plaza, Bekasi.City police spokesman Lt. Col. E.

Fri, 20 Feb 1998

JP/Sigit still listed for Thomas Cup team

Sigit still listed for Thomas Cup team JAKARTA (JP): Indonesia's best doubles player Sigit Budiarto will still prepare for the 1998 Thomas Cup championships in Hong Kong in May, the Badminton Association of Indonesia's deputy, Mangombar Ferdinand Siregar, said Wednesday.

Fri, 20 Feb 1998

JP/Slovak Republic vows to boost cooperation with SE Asia

Slovak Republic vows to boost cooperation with SE Asia JAKARTA (JP): The Slovak Republic is committed to strengthening its cooperation with Southeast Asian countries despite the economic woes that have hit the region over the past few months, says its official.

Fri, 20 Feb 1998

JP/Humpuss Transport profit up

Humpuss Transport profit up JAKARTA (JP): PT Humpuss Intermoda Transportasi, a publicly listed firm under the Humpuss Group, has said its net profit for 1997 could total Rp 26.8 billion (US$3.15 million), 10 percent higher than its target of Rp 24.4 billion.

Fri, 20 Feb 1998

JP/CBS critical for RI survival: Hanke

CBS critical for RI survival: Hanke JAKARTA (JP): President Soeharto's currency board advisor Steve Hanke warned yesterday that Indonesia's economy would collapse within four months if the government did not introduce a fixed exchange rate regime as soon as possible.

Fri, 20 Feb 1998

JP/Hotel profiteering

Hotel profiteering Wanting a relief from the hectic pace of a Jakarta lifestyle, and having an extended weekend due to Idul Fitri holidays, my expatriate family and I visited the island of Lombok.

Fri, 20 Feb 1998

JP/The sun will no longer shine

The sun will no longer shine YOGYAKARTA: Members of a Javanese mystical cult on Mount Merapi who believe the sun will soon stop shining have illegally hoarded kerosene and salt, police said.

Fri, 20 Feb 1998

JP/Stock hoarders will be tried: Dibyo

Stock hoarders will be tried: Dibyo JAKARTA (JP): National Police chief Gen. Dibyo Widodo yesterday reiterated that, from now on, all suspected stockpilers will be questioned and will face charges if sufficient evidence is available.

Fri, 20 Feb 1998

JP/Work on city's triple-tier transit system to start

Work on city's triple-tier transit system to start JAKARTA (JP): Construction on the triple-tier transit system to link Bintaro in South Jakarta and Kota in West Jakarta is scheduled to start next week, Governor Sutiyoso announced yesterday."We will start the project on Feb.

Fri, 20 Feb 1998

JP/The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * References, obscure or unknown, can cause you problems.

Fri, 20 Feb 1998

JP/Belt-tightening measures get councilors' support

Belt-tightening measures get councilors' support JAKARTA (JP): The municipality's tight 1998/1999 draft budget received a nod of approval from city councilors but they urged the administration to be thrifty in all sectors and not waver.

Fri, 20 Feb 1998

JP/Basic course on Islam in English

Basic course on Islam in English JAKARTA (JP): Sisters, a nonprofit organization dedicated to providing a greater understanding of Islam for the English- speaking community in Jakarta, will be holding a six-week course, A General Introduction to Islam, starting on Feb. 28.

Fri, 20 Feb 1998

JP/He knows the answer

He knows the answer What's wrong with Indonesia? What's wrong with this country? What's wrong with us?Things seem to be getting worse every day. And now it's in the final stage. Nobody knows whether the present crisis will go on and on, or stop any moment. Nobody knows anything about it.

Fri, 20 Feb 1998

JP/Shooting association allots Rp 1.b for Asiad training

Shooting association allots Rp 1.b for Asiad training JAKARTA (JP): The Indonesian Shooting and Hunting Association's chairman, Sutiyoso, announced yesterday that the association would provide Rp 1.

Fri, 20 Feb 1998

JP/Take on this disaster

Take on this disaster The government's preoccupation with solutions to the present monetary and economic crises is understandable given the difficulties faced by the country.

Fri, 20 Feb 1998

JP/Foreigners questionable agenda

Foreigners questionable agendaBy Sayidiman Suryohadiprojo JAKARTA (JP): It is difficult for ordinary Indonesian people to understand concern shown among foreign circles over the choice of Indonesia's next vice president, to be elected during the General Session of the People's Consultative ...

Fri, 20 Feb 1998

JP/MPR urged to defend people's interests

MPR urged to defend people's interests JAKARTA (JP): Religious leaders called yesterday for the People's Consultative Assembly (MPR) to defend the people's interests.

Fri, 20 Feb 1998

JP/French jazz musketeers join Raharjo for gamelan fusion

French jazz musketeers join Raharjo for gamelan fusionBy Nicolas Colombant JAKARTA (JP): The French have a thing about gamelan music.Classical melody-maker Claude Debussy wrote: "It can only be compared to two things: moonlight and untamed water.

Fri, 20 Feb 1998

JP/12 drink their way to death

12 drink their way to death YOGYAKARTA: Cheap homemade alcoholic drinks available at roadside stalls here have claimed 12 lives this month as they gain in popularity among the jobless and blue-collar workers.

Fri, 20 Feb 1998

JP/Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 19, 1998: Buying Selling Rp Rp U.S dollar 1 7,500.00 10,000.

Fri, 20 Feb 1998

JP/Fish powder mills to be built

Fish powder mills to be built JAKARTA (JP): The Ministry of Agriculture plans to build 80 fish powder mills worth Rp 800 billion (US$88.8 million) to reduce the country's dependence on imports, a senior official has said.

Fri, 20 Feb 1998

JP/Students demand food security, reform

Students demand food security, reform DEPOK, West Java (JP): Around 2,000 University of Indonesia students marched around their campus here yesterday demanding food security, employment and political reform.

Fri, 20 Feb 1998

JP/Govt pledges to honors power purchase deals

Govt pledges to honors power purchase deals JAKARTA (JP): The government has pledged that it will honor power purchase contracts between state electricity company PT Perusahaan Listrik Negara (PLN) and independent power producers (IPPs).

Fri, 20 Feb 1998

JP/Knorr upbeat on RI's market

Knorr upbeat on RI's market JAKARTA (JP): American food manufacturer PT Knorr Indonesia remains confident about Indonesia's big consumer market despite the crisis.The company's president, Peter N.M.

Fri, 20 Feb 1998

JP/Irian Jaya 'needs more schools, hospitals'

Irian Jaya 'needs more schools, hospitals' JAKARTA (JP): Irian Jaya badly needs more education and health facilities to help the underdeveloped territory catch up with other provinces, a politician and a church minister said yesterday.

Fri, 20 Feb 1998

JP/Man falls from train at platform

Man falls from train at platform JAKARTA (JP): A 48-year-old man who tried to board a moving train, died after he fell and hit his head on the edge of the platform at Manggarai Railway Station in South Jakarta yesterday afternoon.

Fri, 20 Feb 1998

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Art Exhibition: Trisani by P. Lanny Adriani, Idran Yusuf, Gunawan Hanjaya, in the Regent Jakarta, Jl. H.R. Rasuna Said, Kuningan, South Jakarta, until Feb. 27. * Painting Exhibition: Pesona Jepang, by David Leon, Elisha, Lie Tjoen Tjai, Rudolf G.

Fri, 20 Feb 1998

JP/Govt awards 50 mining contracts

Govt awards 50 mining contracts JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana awarded yesterday 50 Contracts of Work (COWs) to local and foreign investors to develop mineral and coal resources across the country.

Fri, 20 Feb 1998

JP/Call for jihad 'may have caused riots'

Call for jihad 'may have caused riots' Riots have broken out in small towns in Java, Sumatra and Sulawesi allegedly due to scarcity and surging prices of staple commodities. Masdar F.

Fri, 20 Feb 1998

JP/Currency board the wrong way forward

Currency board the wrong way forwardBy Akhmad Mukhtar JAKARTA (JP): The Currency Board System (CBS) is not a new concept in economics.

Fri, 20 Feb 1998

JP/Battered hotel industry faces gloomy outlook

Battered hotel industry faces gloomy outlook JAKARTA (JP): The battered hotel industry is facing a gloomy outlook as fears of social unrest in the country continue.

Fri, 20 Feb 1998

JP/Teenager killed in traffic accident

Teenager killed in traffic accident JAKARTA (JP): A teenager who came to the city in search of work was hit by a bus and killed on Jl. Ir. H. Juanda in Ciputat, South Jakarta, on Wednesday night.

Fri, 20 Feb 1998

JP/Police, Bapepam join forces to prevent crime

Police, Bapepam join forces to prevent crime JAKARTA (JP): National Police and the Capital Market Supervisory Agency (Bapepam) agreed yesterday to jointly investigate crimes in the local stock markets.A memorandum of understanding was signed by National Police chief Gen.

Fri, 20 Feb 1998

JP/Soedradjad admits failure over crisis

Soedradjad admits failure over crisis JAKARTA (JP): Former Bank Indonesia governor J. Soedradjad Djiwandono acknowledged that he failed to contain the monetary crisis and restore confidence in the banking system.

Fri, 20 Feb 1998

JP/Bomb hoaxes are 'political ploys'

Bomb hoaxes are 'political ploys' JAKARTA (JP): National Police chief Gen. Dibyo Widodo hinted yesterday that all the bomb threats and rumors of riots were the ploy of a certain group which had its own political agenda."These activities have tended to be politicized.

Fri, 20 Feb 1998

JP/Smog causes health problems in Samarinda

Smog causes health problems in Samarinda JAKARTA (JP): Thick haze from the spreading forest fires in East Kalimantan has forced flights to be delayed and is causing health problems for the locals, a media report said yesterday.

Fri, 20 Feb 1998

JP/PSSI denies treating Henk Wullems unfairly

PSSI denies treating Henk Wullems unfairly JAKARTA (JP): The All-Indonesian Soccer Federation (PSSI) has expressed surprise over Henk Wullems' statement that it treated him unfairly by not extending his contract.

Fri, 20 Feb 1998

JP/Authorities order minivan and bus crews not to go on strike

Authorities order minivan and bus crews not to go on strike JAKARTA (JP): The city police, military and municipality have instructed the crews of minivans and city buses not to go on strike demanding ticket price increases or protesting against the skyrocketing prices of spare parts.