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

Thu, 16 Dec 1999

JP/Perbasi proposes sanctions for Panasia Indosyntec

Perbasi proposes sanctions for Panasia Indosyntec JAKARTA (JP): The Indonesian Basketball Association (Perbasi) has recommended the imposition of sanctions against Bandung-based club Panasia Indosyntec for refusing to appear on Dec.

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Thu, 16 Dec 1999

JP/RI will not seek debt relief: Kwik

RI will not seek debt relief: Kwik JAKARTA (JP): Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie reiterated on Wednesday that the government would not seek debt relief from its international lenders at an upcoming donors meeting in February.

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Thu, 16 Dec 1999

JP/All citizens equal before law

All citizens equal before law Indonesia finally has an attorney general who has the professional confidence and integrity to act decisively to ensure that the nation's laws are enforced fairly, and he is criticized by, of all people, someone who revels in his reputation as a champion of the ...

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Thu, 16 Dec 1999

JP/Y2K bug won't affect power supply: PLN

Y2K bug won't affect power supply: PLN JAKARTA (JP): State electricity company PT PLN declared on Wednesday Y2K readiness and assured the public that there would be no power failures at the turn of the millennium.

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Thu, 16 Dec 1999

JP/BPKP to focus on fight against corruption

BPKP to focus on fight against corruption JAKARTA (JP): President Abdurrahman Wahid will soon issue a decree which will allow the Development Finance Comptroller (BPKP) to focus on investigating corruption and securing state revenues, BPKP chief Arie Soelendro announced on Wednesday.

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Thu, 16 Dec 1999

JP/City ponders its New Year's plans

City ponders its New Year's plans JAKARTA (JP): Considering the upcoming New Year's Eve as the most meaningful transition to the new millennium, the city administration will not set strict rules on entertainment centers on that night.

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Thu, 16 Dec 1999

JP/The death of symbolism in Australia

The death of symbolism in Australia This is the second of a two-part essay reflecting on last month's referendum in Australia by Walter Tonetto.

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Thu, 16 Dec 1999

JP/Men survive 10-day sea ordeal

Men survive 10-day sea ordeal MATARAM, West Nusa Tenggara: Two men landed at Obel-Obel beach in West Lombok on Tuesday, having survived 10 days in the open sea, Antara reported.

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Thu, 16 Dec 1999

JP/Bali's car rental firms on the brink of bankruptcy

Bali's car rental firms on the brink of bankruptcy DENPASAR, Bali (JP): The car rental sector on the tourist island of Bali is facing hardship because of a drop in tourist arrivals and the country's critical economic, social and political conditions.

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Thu, 16 Dec 1999

JP/Integrating people with disabilities into society

Integrating people with disabilities into societyBy Inge Komardjaja and Ellen P.S. Sasiang BANDUNG (JP): The annual observance of the International Day of Disabled Persons is Dec.

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Thu, 16 Dec 1999

JP/Police to arrest Papua leader

Police to arrest Papua leader JAYAPURA, Irian Jaya: Police have vowed to arrest Papua community leader Theys Eluay for allegedly being behind the hoisting of the separatist Morning Star flag in the easternmost province on Dec. 1.

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Thu, 16 Dec 1999

JP/Aceh rights trial could convene before Idul Fitri

Aceh rights trial could convene before Idul Fitri JAKARTA (JP): President Abdurrahman Wahid reportedly approved a trial for alleged rights abusers in Aceh which could convene as early as before next month's Idul Fitri.

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Thu, 16 Dec 1999

JP/The difference between Chechnya and Kosovo

The difference between Chechnya and KosovoBy Gwynne Dyer LONDON (JP): Nezavisimaya Gazeta' of Moscow is normally a good newspaper, but last week it carried a picture of a city in ruins, with the caption: This is not Grozny, but Pristina after the NATO bombardment.

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Thu, 16 Dec 1999

JP/Paiton says court lacks authority to hear case

Paiton says court lacks authority to hear case JAKARTA (JP): Independent power producer PT Paiton Energy's lawyer said on Wednesday he would ask the Central Jakarta district court to stop the trial of its dispute with state-owned electricity company PT PLN, saying the forum did not have any ...

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Thu, 16 Dec 1999

JP/One person dead in arson attack

One person dead in arson attack JAKARTA (JP): One person was killed and another severely injured when a complex of buildings belonging to Dulos Christian humanitarian foundation in the eastern Jakarta subdistrict of Cilangkap was burned by a mob on Tuesday night.

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Thu, 16 Dec 1999

JP/Sand diggers go on rampage

Sand diggers go on rampage MAGELANG, Central Java: Some 200 sand diggers in Jurangjero village here burned 13 excavating machines and an office belonging to a quarry company on Tuesday.

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Thu, 16 Dec 1999

JP/Flights fully booked until first week of January

Flights fully booked until first week of January JAKARTA (JP): City residents planning to celebrate Christmas and the once-in-a-lifetime millennium rollover abroad should be ready to face the unpleasant fact that all flights from Jakarta to several local and international destinations are fully ...

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Thu, 16 Dec 1999

JP/Tourism villages offer an alternative way

Tourism villages offer an alternative wayBy Tri Budhi Sastrio DENPASAR, Bali (JP):Tourism villages have become popular a alternative of conventional tourism.

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Thu, 16 Dec 1999

JP/A generation of lost children

A generation of lost children I absolutely agree with Steven Woodhouse from Unicef and Coordinating Minister for People's Welfare and Poverty Eradication Basri Hasanuddin's worry and fear about "losing a generation of children in Indonesia today".

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Thu, 16 Dec 1999

JP/The Texmaco explosion

The Texmaco explosion The most impressive feature of the Texmaco affair to most observers perhaps has been, as it were, the lightning speed with which Attorney General Marzuki Darusman reacted to a report of suspected financial and political collusion on a grand scale.

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Thu, 16 Dec 1999

JP/Staple food prices soar in Tangerang

Staple food prices soar in Tangerang TANGERANG (JP): Staple food prices in several markets in Tangerang soared in the first week of the Muslim fasting month of Ramadhan, drawing complaints from customers preparing for the festive season.

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Thu, 16 Dec 1999

JP/Former governor recalls growths of the city

Former governor recalls growths of the city The recent closure of the city's "rehabilitation" center for prostitutes in Kramat Tunggak, North Jakarta, finally ended the long-held controversies about the area.

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Thu, 16 Dec 1999

JP/Indosat opens IDD to Israel

Indosat opens IDD to Israel JAKARTA (JP): International call operator PT Indosat has announced the opening of a direct dialing facility to Israel to anticipate increased call traffic between the two countries following President Abdurrahman Wahid's move to improve trade ties between the two ...

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Thu, 16 Dec 1999

JP/House okays 25% fare hike during Idul Fitri exodus

House okays 25% fare hike during Idul Fitri exodus JAKARTA (JP): The traditional 25 percent increase in bus fares during the post-fasting Idul Fitri holiday exodus will be maintained, the House of Representatives announced on Wednesday.

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Thu, 16 Dec 1999

JP/Noegroho threatens to seal 'drug-infested' spots

Noegroho threatens to seal 'drug-infested' spots JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman warned operators of discotheques, pubs and bars that he would seal any of the businesses for an indefinite period and recommend the revocation of their operating permits should the ...

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Thu, 16 Dec 1999

JP/SCB pulls out of Bank Bali deal

SCB pulls out of Bank Bali deal JAKARTA (JP): The UK-based Standard Chartered Bank (SCB) has withdrawn its plan to invest in Bank Bali following strong opposition from the local bank's staff, according to an official at the Indonesian Bank Restructuring Agency (IBRA) who asked for anonymity.

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Thu, 16 Dec 1999

JP/Student charged with drug use

Student charged with drug use BOGOR (JP): A prosecutor demanded on Wednesday that the Bogor District Court sentence Rino Siswanto, 22, a college student, to two years in prison for narcotics abuse.

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Thu, 16 Dec 1999

JP/Displaced people to be resettled in March

Displaced people to be resettled in March JAKARTA (JP): The government will start relocating displaced people to new transmigration areas in March 2000, State Minister of Transmigration and Population Al Hilal Hamdi said on Wednesday.

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Thu, 16 Dec 1999

JP/Snipers deployed for holiday season

Snipers deployed for holiday season SEMARANG: In a move to maintain security and order, provincial police here plan to deploy 250 snipers during the Christmas and Idul Fitri holiday seasons.

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Thu, 16 Dec 1999

JP/Police arrested Zarina without warrant: Witnesses

Police arrested Zarina without warrant: Witnesses JAKARTA (JP): City police detectives testified before judges at the South Jakarta District Court on Wednesday that they arrested drug suspect Zarina Mirafsur and her boyfriend Ahian Santoso alias Yeye without an arrest warrant in their possession.

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Thu, 16 Dec 1999

JP/Pardoning Soeharto

Pardoning Soeharto President Abdurrahman Wahid has introduced his idea to pardon former president Soeharto, a statement that has sparked controversy in the community. Many parties have voiced their disagreement to this idea.

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Thu, 16 Dec 1999

JP/TV today

TV todayTVRI 5:30 a.m. Religious Teachings6:00 News8:00 Children's Program9:00 Music 10:30 Interval2:00 p.m.

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Thu, 16 Dec 1999

JP/Three people arrested in Ambon with guns, ammunition

Three people arrested in Ambon with guns, ammunition AMBON, Maluku (JP): Three people were apprehended for allegedly carrying ammunition, detonators, weapons and marijuana aboard KM Dobonsolo, which docked in the naval base in Ambon early on Wednesday.

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Thu, 16 Dec 1999

JP/The difficulty with Burma

The difficulty with Burma Events in Burma (Myanmar) continue to take one step forward, two steps back. A Japanese offer of aid, accompanied by liberal political reform, attracted initial interest from Rangoon.

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Thu, 16 Dec 1999

JP/EIG, Lippo form alliance

EIG, Lippo form alliance JAKARTA (JP): American International Group, Inc (AIG), a U.S.- based insurance organization, has entered into an agreement to purchase a 70 percent stake in PT Asuransi Jiwa Lippo Utama, a subsidiary of PT Asuransi Lippo Life.

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Thu, 16 Dec 1999

JP/Govt to help fund Olympics training

Govt to help fund Olympics training JAKARTA (JP): State Secretary Ali Rahman has approved the Gelora Senayan Management Board's (BPGS) plan to financially assist the National Sports Council (KONI) in its preparations for athletes competing in the 2000 Olympic Games in Sydney in September.

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Thu, 16 Dec 1999

JP/Hope high on Gus Dur's Cabinet

Hope high on Gus Dur's CabinetBy Richard Mann JAKARTA (JP): Because Indonesia's new president, Abdurrahman Wahid, or Gus Dur, has not issued any comprehensive statement of policy, many people outside Indonesia seem to think his government has no policy. Nothing seems further than the truth.

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Thu, 16 Dec 1999

JP/Pick of the Flicks (for Thursday, Dec. 16, 1999)

Pick of the Flicks (for Thursday, Dec. 16, 1999)Hollywood KC The World Is Not Enough 13:00 15:15 19:30 Blue Streak 13:45 16:00 20:15 End of Days 13:00 15:15 19:30 Nightwatch 13:45 16:00 20:15 Bowfinger ...

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Thu, 16 Dec 1999

JP/Liberian arrested with 100g heroin

Liberian arrested with 100g heroin JAKARTA (JP): Jakarta Police detectives arrested a 22-year-old Liberian allegedly in possession of 100 grams of heroin, worth about Rp 40 million (US$5,715), at a hotel in Petamburan subdistrict, Central Jakarta, on Wednesday night.

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Thu, 16 Dec 1999

JP/Deviant rituals still occur in Balinese Hindu community

Deviant rituals still occur in Balinese Hindu communityBy Putu Wirata DENPASAR, Bali (JP): The Balinese Hindu community, which is strongly fused with religious and traditional ceremonies, has deviant rituals that still occur on the island.

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Thu, 16 Dec 1999

JP/KSEI prepared for Y2K

KSEI prepared for Y2K JAKARTA (JP): Activity at the Indonesian Central Securities Depository (KSEI) will not be affected by the Y2K bug because the depository's settlement system is still manually delivered, Capital Market Y2K Implementation Committee chairman Surdiyanto Suryodarmodjo said.

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Thu, 16 Dec 1999

JP/Pelti undecided on Davis Cup coach

Pelti undecided on Davis Cup coach JAKARTA (JP): The Indonesian Tennis Association (Pelti) was unable to resolve on Wednesday a dispute over who to appoint as the Davis Cup team's coach.

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Thu, 16 Dec 1999

JP/RI bridge team reaches semifinal

RI bridge team reaches semifinal JAKARTA (JP): The National Bermuda Bowl team reached the semifinals on Wednesday after defeating Belanda Indonesia Bridge Club (BC) 103-71 in the four-session quarterfinals.

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Thu, 16 Dec 1999

JP/Kadin forms committee to rejuvenate economy

Kadin forms committee to rejuvenate economy JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) announced on Wednesday the lineup of the National Economic Rehabilitation Committee, which will advise the government on efforts to reinvigorate the crippled real sector.

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Thu, 16 Dec 1999

JP/Where to go in Bali for Thursday, Dec. 16, 1999

Where to go in Bali for Thursday, Dec. 16, 1999Exhibitions * Photo Exhibition of winners and nominees of the Bali International Photo Competition '99, at Exhibition hall, the Mandala Garuda Wisnu Kencana, Jl. Raya Uluwatu - Ungasan, Jimbaran, until Dec. 31.

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Thu, 16 Dec 1999

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 15, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo ...

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Thu, 16 Dec 1999

JP/Generals protest 'baseless' accusations

Generals protest 'baseless' accusations JAKARTA (JP): Lawyers representing six military and police generals have demanded censure against human rights investigators for accusing their clients of committing human rights abuses in East Timor based on scant and incomplete evidence.

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Thu, 16 Dec 1999

JP/RI importers still hesitant to buy Australian goods

RI importers still hesitant to buy Australian goods JAKARTA (JP): A significant number of Indonesian importers are still boycotting Australian commodities due to ill feeling between the two countries relating to the East Timor issue.

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Thu, 16 Dec 1999

JP/Noegroho regrets use of force against lawyer

Noegroho regrets use of force against lawyer JAKARTA (JP): Jakarta Police chief Maj. Gen. Noegroho Djajoesman said on Wednesday that he disagreed with and regretted the approach taken by his officers when arresting lawyer Petrus Bala Pattyona the day before.

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Thu, 16 Dec 1999

JP/45 years after its formation, Army observes 1st anniversary

45 years after its formation, Army observes 1st anniversary AMBARAWA, Central Java (JP): Fifty-four years after it was formed, the Indonesian Army declared its first anniversary on Wednesday.Dec.

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Thu, 16 Dec 1999

JP/Chinese trade mission expected to boost ties

Chinese trade mission expected to boost ties JAKARTA (JP): A delegation of businesspeople from China will arrive in Indonesia in the first quarter of next year to promote trade and investment, according to the Indonesia-China Economic, Social and Cultural Cooperation Association.

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Thu, 16 Dec 1999

JP/House of Representatives has female secretary-general

House of Representatives has female secretary-general JAKARTA (JP): Sri Sumaryati Haryanto was sworn in as secretary-general of the House of Representatives on Wednesday, becoming not only the first woman but also the first career administrator to hold the position.

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Thu, 16 Dec 1999

JP/Bogor Police nab five police impersonators

Bogor Police nab five police impersonators BOGOR (JP): Police arrested five members of a notorious gang of vehicle thieves who wore police uniforms during their robberies, an officer said on Wednesday.Bogor Police chief Lt. Col.

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Thu, 16 Dec 1999

JP/Are backpacks that innocent?

Are backpacks that innocent? Madonna Wulur's letter (Dec. 15, 1999) subscribing to the contents of Bruce Emond's (Dec.10, 1999) has set me thinking about the incident in a shop at Plaza Senayan (Dec.8, 1999).

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Thu, 16 Dec 1999

JP/PSSI gets training aid from FIFA

PSSI gets training aid from FIFA JAKARTA (JP): The Soccer Association of Indonesia (PSSI) has been invited to join a US$1 million FIFA-sponsored program called "FIFA Goal Project" to develop soccer in the country.

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Thu, 16 Dec 1999

JP/The central bank-IBRA spat

The central bank-IBRA spat The financial distress suffered last week by Bank Putera Multikarsa after a massive run on its deposits amid the state bank loan controversy hitting its parent company-- the Texmaco Group-- ignited embers of animosity between the central bank (Bank Indonesia) and the ...

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