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

Thu, 30 Sep 1999

JP/Indonesia delays sending its ambassador to Australia

Indonesia delays sending its ambassador to Australia JAKARTA (JP): President B.J. Habibie postponed veteran diplomat Arizal Effendy's posting as Indonesia's ambassador to Australia amid the worsening diplomatic row between the two countries.

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Thu, 30 Sep 1999

JP/Soeharto vs 'Time' cannot be tried here, police say

Soeharto vs 'Time' cannot be tried here, police say JAKARTA (JP): National Police spokesman Brig. Gen. Togar M. Sianipar said on Wednesday that Indonesian courts lack authority and legal grounds to try former president Soeharto's lawsuit against U.S.-based Time magazine here.

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Thu, 30 Sep 1999

JP/Gu Dur, Amien join rally, as students hit the streets

Gu Dur, Amien join rally, as students hit the streets JAKARTA (JP): Two top opposition leaders on Wednesday joined a street rally held by students who were protesting anarchy and the use of violence, which have become commonplace throughout the country.

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Thu, 30 Sep 1999

JP/Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition: Pengider Bhuana, The Colours of Life, Deja Vu Gallery, Jl. Dewi Sita, Ubud (Phone: 0361 978225), 10 a.m. to 6 p.m., until Oct. 8. * Instalation Exhibition by Saijo Shun (Japanese), at Sika Contemporary Art Gallery, Jl.Raya Campuan, Ubud, 8 a.

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Thu, 30 Sep 1999

JP/Matahari to reopen in Lippo Supermal on Friday

Matahari to reopen in Lippo Supermal on Friday TANGERANG (JP): Over a year after the May 1998 riots, PT Matahari Putra Prima Tbk will reopen on Friday its 53rd Matahari supermarket in Karawaci's Lippo Supermal.

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Thu, 30 Sep 1999

JP/Authentic accent hard to find in Balinese fare

Authentic accent hard to find in Balinese fareBy Degung Santikarma DENPASAR (JP): In the past year, a new trend in demonstrations has emerged in Bali.

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Thu, 30 Sep 1999

JP/Korean artists to display works

Korean artists to display works JAKARTA (JP): A group 15 artists from South Korea will display their paintings in a six day exhibition in the lobby of the Park Plaza Hotel on Jl. S. Parman in West Jakarta, beginning on Friday, the organizer said on Tuesday.

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Thu, 30 Sep 1999

JP/Atma Jaya still counting losses

Atma Jaya still counting losses JAKARTA (JP): Atma Jaya University is still counting the material losses from two days of clashes between students and security officers in front of its campus on Jl. Sudirman last week.

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Thu, 30 Sep 1999

JP/Habibie rejects call to give up candidacy

Habibie rejects call to give up candidacy JAKARTA (JP): Embattled President B.J. Habibie flatly rejected a call from a powerful alliance of five Muslim-oriented political parties on Wednesday to give up his reelection bid.

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Thu, 30 Sep 1999

JP/Aerowisata to open more hotels

Aerowisata to open more hotels JAKARTA (JP): Local hotel and tour operator PT Aerowisata will soon open a new property and acquire at least two hotels in Bali as part of its expansion plan, a company executive said here on Wednesday.Aerowisata executive vice director Toto K.

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Thu, 30 Sep 1999

JP/Will UN 'interventionism' work?

Will UN 'interventionism' work?By Muhammad Takdir and Sunu Soemarno JAKARTA (JP): Just hours after an Australian-led multinational force touched down in East Timor on Sept.

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Thu, 30 Sep 1999

JP/The Habibie factor

The Habibie factor A magnanimous decision by President B.J. Habibie to withdraw from the upcoming presidential election, as strongly recommended by an alliance of Muslim-oriented political parties on Wednesday, could remove a major source of the heightened uncertainty and tension engulfing the ...

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Thu, 30 Sep 1999

JP/Politicians deplore ministers' exodus

Politicians deplore ministers' exodus JAKARTA (JP): Instead of praise, the recent departure of seven Cabinet members has drawn criticism among politicians who deem the move as an effort to ease pressure on President B.J.

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Thu, 30 Sep 1999

JP/Balinese artist dabbles with 'barong' image

Balinese artist dabbles with 'barong' imageBy Putu Wirata DENPASAR (JP): Art and culture in Bali seem to grow in an evolutionary way. The entire historical and cultural background is a source of inspiration and expression of creativity for painters and other artists.

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Thu, 30 Sep 1999

JP/Photograms show a tribute to photography pioneer

Photograms show a tribute to photography pioneerBy Gotot Prakosa JAKARTA (JP): A dormant cultural "enclave" on Jl. Tanjung No. 34, Menteng Central Jakarta called Wisma Lingkar Budaya has been reactivated.

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Thu, 30 Sep 1999

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 29, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo ...

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Thu, 30 Sep 1999

JP/City to sue developer for damaging historic building

City to sue developer for damaging historic building JAKARTA (JP): "I'm angry about this case," Governor Sutiyoso said on Wednesday, referring to a protected building in Menteng, Central Jakarta, which has been allegedly damaged by a private developer.

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Thu, 30 Sep 1999

JP/Slaying of journalist in East Timor condemned

Slaying of journalist in East Timor condemned JAKARTA (JP): The Indonesian Journalists Association (PWI) and the Independent Journalists Association (AJI) called on Wednesday for a thorough investigation into the killing of Agus Mulyawan, an Indonesian journalist who was shot dead along with ...

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Thu, 30 Sep 1999

JP/Pidie village heads resign en masse

Pidie village heads resign en masse SIGLI, Aceh: About 360 of the 948 village chiefs in the Pidie regency have submitted their official stamp, a sign that they have resigned their administrative duties.

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Thu, 30 Sep 1999

JP/National Police detain six Bank Bali suspects

National Police detain six Bank Bali suspects JAKARTA (JP): The National Police detained six of the 10 suspects in the high-profile US$70 million Bank Bali scandal on Tuesday, an officer said.National Police spokesman Brig. Gen. Togar M.

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Thu, 30 Sep 1999

JP/Government shifts stance on UN probe

Government shifts stance on UN probe JAKARTA (JP): Shifting from its previous acceptance, the government on Wednesday announced its opposition to a planned United Nations fact-finding mission to investigate reported atrocities in East Timor in aftermath of the self-determination ballot there.

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Thu, 30 Sep 1999

JP/Radio can turn up the volume for traditional music programs

Radio can turn up the volume for traditional music programsBy Rita A. Widiadana On the brink of the new millennium, traditional arts and culture are at a crossroads.

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Thu, 30 Sep 1999

JP/Asian values?

Asian values? Asian values? What are Asian values? The protesters at the Australian Embassy on Sept. 22 seem to think they know, but I must confess I remain in the dark.

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Thu, 30 Sep 1999

JP/KONI presents bonuses to SEAG medalists

KONI presents bonuses to SEAG medalists BOGOR, West Java (JP): The National Sports Council (KONI) handed over cash and insurance bonuses to 20th Southeast Asian (SEA) Games medalists on Wednesday during a four-day coordination meeting in Puncak, Bogor.

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Thu, 30 Sep 1999

JP/Costly MPR session

Costly MPR session According to a Sept. 24 report in this newspaper, the upcoming General Session of the People's Consultative Assembly (MPR) will have a price tag of Rp 49 billion.

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Thu, 30 Sep 1999

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: The Sixth Sense 14:15 16:55 19:05 21:15 The General's Daughter 14:55 17:35 19:45 21:55 Big Daddy 14:15 16:55 19:05 21:15 Runaway Bride 14:55 17:35 19:45 21:55 Universal Soldier, The ...

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Thu, 30 Sep 1999

JP/The wanted bullet still at forensic

The wanted bullet still at forensic JAKARTA (JP): A forensic team from Cipto Mangunkusumo General Hospital is still examining a bullet found in the corpse of Yap Yun Hap, a student protester who was killed last week, the team's leader Budi Sampurna said on Wednesday.

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Thu, 30 Sep 1999

JP/Manado drivers stage strike

Manado drivers stage strike MANADO, North Sulawesi: Hundreds of public transportation drivers staged a strike here on Wednesday to protest against ongoing gang violence at an intercity bus terminal.

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Thu, 30 Sep 1999

JP/Open letter to RI and Australia

Open letter to RI and Australia This open letter has the support of many speakers and participants in the 17th Indonesia Update held at the Australian National University from Sept. 24 to Sept. 25, 1999.

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Thu, 30 Sep 1999

JP/Waiting for a new government

Waiting for a new government The critical question now is who will be the new elected president. If Habibie is reelected it can be said for sure that cases such as the Bank Bali scandal and the investigation of former president Soeharto will never be satisfactorily resolved.

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Thu, 30 Sep 1999

JP/Ramayana bombers face 3 years in jail

Ramayana bombers face 3 years in jail JAKARTA (JP): A prosecutor demanded on Tuesday that the Central Jakarta District Court sentence three defendants in the January bombing of the Ramayana Department Store on Jl. Sabang in Central Jakarta to between one and three years in jail.

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Thu, 30 Sep 1999

JP/IBRA set to miss Rp 17t target if political woes last

IBRA set to miss Rp 17t target if political woes last JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will lose out in the sale of assets under its control if the political situation deteriorates after the presidential election, agency deputy chairman Arwin Rasyid said on Wednesday.

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Thu, 30 Sep 1999

JP/Old torturers face hard times as 'Pinochet effect' spreads

Old torturers face hard times as 'Pinochet effect' spreadsBy Gwynne Dyer LONDON (JP): With the extradition trial of former Chilean dictator Gen. Augusto Pinochet in London this week, the efforts of the Chilean government to get the old torturer off the hook grew daily more frantic.

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Thu, 30 Sep 1999

JP/Riau airforce base reshuffle

Riau airforce base reshuffle PEKANBARU, Riau: Col. Eris Haryanto was sworn in as commander of the Simpang Tiga airforce base here on Wednesday, replacing Col. Eddy Haryoko.Antara reported that Eris was formerly deputy commander of the Adi Sucipto airforce base in Surabaya, East Java.

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Thu, 30 Sep 1999

JP/Pension funds stay with banks

Pension funds stay with banks JAKARTA (JP): The country's pension funds continue to put most of their money in bank deposits despite the sharp drop in interest rates, investment analysts said.

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Thu, 30 Sep 1999

JP/Business park to open in 2003

Business park to open in 2003 JAKARTA (JP): PT Sanggraha Daksamitra, a joint venture between Japan's Nisso Iwai Corporation and a local company, will complete its US$35 million business park near Jakarta's Soekarno-Hatta International Airport in 2003, an executive said on Wednesday.

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Thu, 30 Sep 1999

JP/Tribunal vital for legal proceedings

Tribunal vital for legal proceedings JAKARTA (JP): National Commission on Human Rights (Komnas HAM) chief Marzuki Darusman said that a national human rights tribunal could help substantiate reports and accelerate legal proceedings of alleged abuses in East Timor.

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Thu, 30 Sep 1999

JP/Yudono defends keeping full PwC audit under wrap

Yudono defends keeping full PwC audit under wrap JAKARTA (JP): Head of the Supreme Audit Agency (BPK) Satrio B.

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Thu, 30 Sep 1999

JP/'President' Megawati pick of investors

'President' Megawati pick of investors JAKARTA (JP): Positive sentiments of foreign investors will surge if Megawati Soekarnoputri, the chairwoman of the Indonesian Democratic Party of Struggle (PDI Perjuangan), is elected president, a political risk consultant said on Wednesday.

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Thu, 30 Sep 1999

JP/Expert: Students learn violence from state leaders

Expert: Students learn violence from state leaders JAKARTA (JP): An educator and a psychologist warned on Wednesday that violence has penetrated into the hearts of the people, including students, who prefer violence to dialog in settling conflicts.

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Thu, 30 Sep 1999

JP/Western music makes noise on local radio

Western music makes noise on local radio CANDI DASA, Karang Asem, Bali (JP): The domination of popular Western music in the Asian market and on the airwaves has placed local and traditional music in marginal positions.

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Thu, 30 Sep 1999

JP/Bhinneka opens with a win in Kobatama

Bhinneka opens with a win in KobatamaBy Ivy Susanti SURABAYA (JP): Eastern division runner-up Bhinneka Sritex Solo made a good start on the first day of the third series of the 1999 A Mild Kobatama National Basketball League by gaining a total victory of 108-40 over Western division's ...

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Thu, 30 Sep 1999

JP/Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 29, 1999: Buying Selling Rp Rp U.S. dollar 1 8,306.00 8,390.00Australian dollar 1 5,452.06 5,513.07Austrian schilling 1 635.

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