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

Thu, 14 Oct 1999

JP/Cindana set to play Mia in Danish Open

Cindana set to play Mia in Danish Open JAKARTA (JP): Indonesia's Cindana Hartono is expected to meet former compatriot Mia Audina, who now plays for the Netherlands, in the US$120,000 V6 Danish Open in Vejle, Denmark.

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Thu, 14 Oct 1999

JP/Indonesia: From uncertainty to certainty

Indonesia: From uncertainty to certaintyBy Mar'ie Muhammad The following article is based on a paper presented on Oct. 1, 1999, at the Asia Society in New York. NEW YORK: Indonesia is now confronting a multifaceted crisis.

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Thu, 14 Oct 1999

JP/Liberian jailed for immigration violation

Liberian jailed for immigration violation JAKARTA (JP): The Central Jakarta District Court sentenced a 26-year-old Liberian to seven months in jail on Wednesday for residing in the country without legal travel documents.

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Thu, 14 Oct 1999

JP/Bank Mandiri gets Rp 103t in bonds for recapitalization

Bank Mandiri gets Rp 103t in bonds for recapitalization JAKARTA (JP): The government issued on Thursday Rp 103 trillion (about US$13.7 billion) worth of bonds to recapitalize state Bank Mandiri, the country's largest bank.

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Thu, 14 Oct 1999

JP/Aceh issue draws MPR's attention

Aceh issue draws MPR's attention JAKARTA (JP): The People's Consultative Assembly (MPR) admitted on Wednesday that concrete steps were imperative to ease the rising demand for a self-determination referendum in Aceh.

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Thu, 14 Oct 1999

JP/PSSI beats Persib in Asia Cup tryout

PSSI beats Persib in Asia Cup tryout BANDUNG (JP): The Football Association of Indonesia (PSSI) soccer team, which is being prepared for the Asia Cup championships in Hong Kong, showed improvement on Wednesday by defeating Persib Bandung 2-0 in a tryout at Siliwangi Stadium.

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Thu, 14 Oct 1999

JP/Bulldozer democracy at the new Assembly

Bulldozer democracy at the new AssemblyBy Mochtar Buchori JAKARTA (JP): When family members and friends congratulate me on being elected a member of the new House of Representatives (DPR) and People's Consultative Assembly (MPR), I have mixed feelings.

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Thu, 14 Oct 1999

JP/Palyja inaugurates Rp 14b water treatment plant in Cilandak

Palyja inaugurates Rp 14b water treatment plant in Cilandak JAKARTA (JP): Water management firm PT Pam Lyonnaise Jaya (Palyja) inaugurated its Rp 14.8 billion (US$1.85 million) water treatment plant on Wednesday in Cilandak, South Jakarta.

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Thu, 14 Oct 1999

JP/German bank to finance ferronickel project

German bank to finance ferronickel project JAKARTA (JP): Publicly listed state-owned mining company PT Aneka Tambang (Antam) confirmed on Wednesday Japan's Mitsui & Co. planned to construct the third unit of Antam's ferronickel plant in Pomalaa, Southeast Sulawesi, with loans from a German bank.

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Thu, 14 Oct 1999

JP/Beauty an important asset for Balinese women on stage

Beauty an important asset for Balinese women on stageBy Degung Santikarma DENPASAR, Bali (JP): With her face full of shame and frustration, Ni Nyoman Aryani runs for her bedroom, slamming the door behind her.

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Thu, 14 Oct 1999

JP/IPTN unit eyes KL market

IPTN unit eyes KL market BANDUNG (JP): Universal Maintenance Center PT Nusantara Turbin & Propulsi (UMC-NTP), a subsidiary of state-owned aircraft manufacturer PT IPTN, is hoping to secure a contract in Malaysia.

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Thu, 14 Oct 1999

JP/Two killed in Ambon clash

Two killed in Ambon clash AMBON, Maluku: A fresh clash in Ambon, in which at least two people died, forced Pattimura Airport to suspend operations temporarily.Airport commander Lt. Col. Iskandar said that 260 Air Force personnel were on alert to protect the airport from possible attack.

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Thu, 14 Oct 1999

JP/Team returns from 10 days adventuring

Team returns from 10 days adventuring JAKARTA (JP): Ten members of the Marlboro Adventure Team returned on Tuesday from 10 days of adventure activities in Moab, Utah, include riding jeeps, motorbiking, rappelling, rafting, horseback riding and mountain biking.

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Thu, 14 Oct 1999

JP/Interfet banned from East Timor skies: Official

Interfet banned from East Timor skies: Official UJUNGPANDANG, South Sulawesi (JP): The Air Force operational commander for Eastern Indonesia, Air Rear Marshall Ian Santoso, rejected a request from the International Force for East Timor (Interfet) to fly over East Timor, following the fatal ...

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Thu, 14 Oct 1999

JP/Government sets deadline for KPC to divest 30% of stake

Government sets deadline for KPC to divest 30% of stake JAKARTA (JP): The government told PT Kaltim Prima Coal (KPC) on Wednesday to complete talks on its 30 percent divestment plan by the end of this month or face a penalty.

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Thu, 14 Oct 1999

JP/WB calls on new govt to maintain tight money policy

WB calls on new govt to maintain tight money policy JAKARTA (JP): World Bank country director for Indonesia Mark Baird urged the country's upcoming new government to maintain the macroeconomic stability achieved during the past six months as a top priority.

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Thu, 14 Oct 1999

JP/Provinces able to issue investment permits

Provinces able to issue investment permits JAKARTA (JP): Provincial administrations now have full authority to approve foreign and domestic investment under a new presidential decree announced by the government on Wednesday.

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Thu, 14 Oct 1999

JP/Police serenades 'becak' drivers in bid for security

Police serenades 'becak' drivers in bid for security JAKARTA (JP): Jakarta Police chief Maj. Gen. Noegroho Djajoesman entertained some 4,000 becak (pedicab) drivers on Wednesday with live dangdut music, appealing to them to reject any tempting offers to riot from provocateurs.

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Thu, 14 Oct 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Song 9:00 Music 10:30 Interval 2:00 p.m.

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Thu, 14 Oct 1999

JP/Meaningful changes

Meaningful changes It was nice to see my article Students deserve peace prize published in The Jakarta Post on Oct. 7, 1999.

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Thu, 14 Oct 1999

JP/Six rebels nabbed after fatal shooting of officers

Six rebels nabbed after fatal shooting of officers SIGLI, Aceh (JP): Tens of thousands of refugees sheltering at the Abu Beureueh mosque here were shocked when a joint group of the Police elite Mobile Brigade force and the Gegana bomb squad raided the site on Tuesday afternoon.

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Thu, 14 Oct 1999

JP/Working together

Working together The ensuing furor since Sunday's clash between a military patrol of the International Force for East Timor (Interfet) and Indonesian troops on the border separating East Timor and East Nusa Tenggara once again illustrates the precarious nature of Indonesia's relations with ...

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Thu, 14 Oct 1999

JP/Habibie-Wiranto a 'disastrous' ticket: Observers

Habibie-Wiranto a 'disastrous' ticket: Observers JAKARTA (JP): Analysts censured on Wednesday President B.J. Habibie's decision to name Indonesian Military (TNI) chief Gen. Wiranto as his running mate as a "total lack of sensitivity" and said it would only see the demise of his reelection.

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Thu, 14 Oct 1999

JP/Indonesian Military to leave DPR in 2004

Indonesian Military to leave DPR in 2004 JAKARTA (JP): A special team drafting the decree on State Policy Guidelines agreed to scrap the Indonesian Military's 38 uncontested seats in the House of Representatives (DPR) as of 2004.

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Thu, 14 Oct 1999

JP/Balinese modernism propelled by noted European artists

Balinese modernism propelled by noted European artists UBUD, Bali (JP): Development in painting is not immune from outside influences.Balinese paintings began to absorb foreign influences in the 1920s, with the arrival of Western artists, photographers, musicians, sculptors and anthropologists.

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Thu, 14 Oct 1999

JP/More expected to qualify for Sydney Olympics

More expected to qualify for Sydney Olympics JAKARTA (JP): The National Sports Council (KONI) expects more athletes to qualify for the 2000 Olympic Games in Sydney as Indonesia has so far only qualified five swimmers, one diver, one taekwondoin and one sprinter.

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Thu, 14 Oct 1999

JP/Eight host players survive tennis tournament opener

Eight host players survive tennis tournament opener JAKARTA (JP): Only three host players survived the first round of the Men's Indonesia Futures F6 at the Danamon tennis complex in Kemayoran, Central Jakarta, on Wednesday.

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Thu, 14 Oct 1999

JP/Locals demand closure of Bantar Gebang dump

Locals demand closure of Bantar Gebang dump JAKARTA (JP): At least 100 Bekasi residents and environmental activists protested at City Hall on Wednesday to demand the closure of the city owned garbage dump in Bantar Gebang subdistrict in Bekasi.

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Thu, 14 Oct 1999

JP/Amien calls for peaceful session

Amien calls for peaceful session JAKARTA (JP): On the eve of the resumption of the People's Consultative Assembly (MPR), Amien Rais, the speaker of the highest law-making body, appealed to party leaders to cooperate for the sake of a smooth session.

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Thu, 14 Oct 1999

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 13, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo ...

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Thu, 14 Oct 1999

JP/Assembly likely to vote on Habibie's accountability report

Assembly likely to vote on Habibie's accountability report JAKARTA (JP): A vote by members of the People's Consultative Assembly will settle the issue of whether President B.J. Habibie clears the first hurdle in his bid for a new term.

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Thu, 14 Oct 1999

JP/TNT relocates Bandung unit

TNT relocates Bandung unit JAKARTA (JP): The Indonesian venture of the Netherlands-based express courier firm TNT International Express announced on Thursday that it has relocated its Bandung office to a more spacious building located in a more strategic area on Jl. Asia Afrika.

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Thu, 14 Oct 1999

JP/Time is flying for Garuda mega project

Time is flying for Garuda mega projectBy Putu Wirata DENPASAR, Bali (JP ): Noted sculptor Nyoman Nuarta is confident he can finish his Garuda Wisnu Kencana, a 45-meter grand statue, on the eve of the new millennium.

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Thu, 14 Oct 1999

JP/Property market picking up: Report

Property market picking up: Report JAKARTA (JP): The property market in the capital showed signs of recovery during the third quarter of the year in line with the strengthening of the rupiah to the U.S. dollar and the fall in interest rates during the period.

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Thu, 14 Oct 1999

JP/Workers use tools of their trade to make music

Workers use tools of their trade to make musicText and photo by Tarko Sudiarno YOGYAKARTA (JP): As we rhythmically tap our fingers on a table when listening to music, do we ever consider the beat to be basic music?There are abundant examples in our daily life: the sound the carpenter makes when ...

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Thu, 14 Oct 1999

JP/Government awards 11 coal deals to local investors

Government awards 11 coal deals to local investors JAKARTA (JP): The government awarded 11 mining contracts of work (COWs) on Wednesday to local firms for coal exploration and mining in several provinces.

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Thu, 14 Oct 1999

JP/Five new TV stations get permits

Five new TV stations get permits JAKARTA (JP): The Ministry of Information issued licenses for five new private television stations on Wednesday.

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Thu, 14 Oct 1999

JP/Belo's article biased

Belo's article biased I was disgusted by the article written by Bishop Carlos Filipe Ximenes Belo, Why the world owes my people (Newsweek, Oct. 4, 1999). Almost all the stories told by Belo were total lies and extremely biased.* Indonesia did not invade East Timor in 1975.

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Thu, 14 Oct 1999

JP/Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition: Magic and Modernism, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until Nov. 30. * Instalation Exhibition by Saijo Shun (Japanese), at Sika Contemporary Art Gallery, Jl.Raya Campuan, Ubud, 8 a.m to 8 p.

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Thu, 14 Oct 1999

JP/ICRC told to probe Irian Jaya killings

ICRC told to probe Irian Jaya killings JAYAPURA, Irian Jaya: Nduga and Amungsa tribespeople in Jayawijaya regency have demanded that the Geneva-based International Committee of the Red Cross (ICRC) investigate killing which occurred in Mapnduma district in 1996.

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Thu, 14 Oct 1999

JP/Otoparts' online service

Otoparts' online service JAKARTA (JP): Publicly listed automotive component maker PT Astra Otoparts inaugurated on Wednesday a new online facility, AOP Connect, to allow global customers and partners to order Astra Otoparts' products via the Internet.Company director Eko D.

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Thu, 14 Oct 1999

JP/Modern spas add 'balian' healing touch

Modern spas add 'balian' healing touch DENPASAR, Bali (JP): Ten years ago, it would not have been possible for Balinese parents to let their daughter work in a spa, which was considered a sinful place with negative connotations.

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Thu, 14 Oct 1999

JP/Hospital nurses foil baby snatcher

Hospital nurses foil baby snatcher JAKARTA (JP): Nurses from the maternity ward of Cipto Mangunkusumo General Hospital foiled on Wednesday an attempt to abduct a newborn baby.

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Thu, 14 Oct 1999

JP/Protests mount as election looms

Protests mount as election looms JAKARTA (JP): The capital witnessed more protest groups taking to the major streets on Wednesday with each of them carrying different themes and demands.

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Thu, 14 Oct 1999

JP/MPR session brings windfall to hotels

MPR session brings windfall to hotelsBy Emmy Fitri & Maria Endah Hulupi JAKARTA (JP): The ongoing session of the People's Consultative Assembly (MPR) has brought a windfall to the hotel business in the capital, since all 700 MPR members are staying at luxury hotels in the run-up to the country's ...

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Thu, 14 Oct 1999

JP/Pick of the Flicks:

Pick of the Flicks:Hollywood KC: Leslie Nielsen Is Wrongfully Accused 14:15 16:55 19:05 21:15 Arlington Road 14:55 17:35 19:45 21:55 The Sixth Sense 14:15 16:55 19:05 21:15 The General's Daughter 14:55 17:35 ...

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Thu, 14 Oct 1999

JP/Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Oct. 13, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,897.00 7,977.00Australian dollar 1 5,172.

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Thu, 14 Oct 1999

JP/ASMI to end Australian exports

ASMI to end Australian exports YOGYAKARTA (JP): The Yogyakarta chapter of the Indonesian Association of Furniture Producers (ASMI) said it was considering halting furniture exports to Australia.

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Thu, 14 Oct 1999

JP/U.S. Exim Bank delays taking over $180 million Paiton debts

U.S. Exim Bank delays taking over $180 million Paiton debts JAKARTA (JP): Edison Mission Energy, the main sponsor of the independent power producer PT Paiton Energy, said on Wednesday that the Export Import (Exim) Bank of the United States had delayed taking over US$180 million in loans extended ...

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Thu, 14 Oct 1999

JP/Is the DPR/MPR against the people?

Is the DPR/MPR against the people? The House of Representatives/People's Consultative Assembly (DPR/MPR) has long created a tense relationship with the people through its overly tight security, which by its nature is against the people.

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Thu, 14 Oct 1999

JP/Habibie selects Wiranto as partner

Habibie selects Wiranto as partner JAKARTA (JP): President B.J. Habibie told Golkar leaders on Wednesday that he picked Indonesian Military chief (TNI) Gen.

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