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

Tue, 07 Nov 2000

JP/Mideast: Bush, Gore sail on same boat

Mideast: Bush, Gore sail on same boatBy Jonathan Wright WASHINGTON (Reuters): Conflict in the Middle East lurks in the background of the U.S.

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Tue, 07 Nov 2000

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 9:00 Interval 12:00 p.m.

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Tue, 07 Nov 2000

JP/Festival to show virtues of recycling

Festival to show virtues of recycling JAKARTA (JP): The City Recycling Agency in cooperation with three women's organizations in Jakarta will hold a series of events, including discussions and bazaars, on garbage recycling issues over three days beginning Wednesday.

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Tue, 07 Nov 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC Coyote Ugly 14:15 16:55 19:05 21:15 Fortress 2 14:55 17:35 19:45 21:55 Frequency 14:15 16:55 19:05 21:15 Autumn in New York 14:55 17:35 19:45 21:55 Space Cowboys ...

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Tue, 07 Nov 2000

JP/Gus Dur welcomes new Aceh governor

Gus Dur welcomes new Aceh governor SEMARANG (JP): Convinced of his nationalism and knowledge on the problems facing the Acehnese, President Abdurrahman Wahid eventually welcomed the election of former youth leader Abdullah Puteh as governor of Aceh and asked Minister of Home Affairs and Regional ...

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Tue, 07 Nov 2000

JP/Meeting focuses on 'separate' entities

Meeting focuses on 'separate' entitiesBy Dewi Anggraeni MELBOURNE, Australia (JP): At first sight, the idea of holding a conference on religions, culture and violence in Melbourne, sounds brave, if not altogether futile.

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Tue, 07 Nov 2000

JP/Indonesia loses to Moldova in Chess Olympiad

Indonesia loses to Moldova in Chess Olympiad JAKARTA (JP): Indonesia placed the wrong line-up against Moldova by resting its ace player Utut Adianto at the 34th Chess Olympiad in Istanbul on Sunday which resulted in a 1.5-2.5 Victory Points (VPs) defeat in the eighth round.

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Tue, 07 Nov 2000

JP/Govt separates agriculture and forestry ministry

Govt separates agriculture and forestry ministry JAKARTA (JP): Minister of Agriculture and Forestry Bungaran Saragih said on Monday that the government has decided to separate his ministry into two state ministries.

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Tue, 07 Nov 2000

JP/Judges asked to use conscience in rulings

Judges asked to use conscience in rulings JAKARTA (JP): Legal experts agreed on Monday that Indonesian judges should have moral courage and conscience in issuing verdicts on criminal cases.

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Tue, 07 Nov 2000

JP/The lights dim on Joeph Estrada's presidency

The lights dim on Joeph Estrada's presidencyBy Ruben Alabastro MANILA (Reuters): The lights are dimming on the presidency of Joseph Estrada and analysts say nothing short of a miracle can forestall the end which may come in weeks.

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Tue, 07 Nov 2000

JP/Fears in the last anti-Taleban area of Afghanistan

Fears in the last anti-Taleban area of AfghanistanBy Jack Redden FAIZABAD, Afghanistan (Reuters): Classes of boys and girls sit side by side in schools in this remote northeastern corner of Afghanistan, a sight that has disappeared in the 95 percent of the country that is ruled by the Taleban ...

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Tue, 07 Nov 2000

JP/Susilo assures Japan safe investment in RI

Susilo assures Japan safe investment in RI TOKYO (JP): Less than one month after sending Coordinating Minister for the Economy Rizal Ramli to Japan, President Abdurrahman Wahid dispatched another senior minister in his bid to assure the Japanese government and businesspeople of safe investment in ...

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Tue, 07 Nov 2000

JP/IMF's debt relief

IMF's debt relief I refer to the article IMF expects 20 nations to get debt relief in 2000 in The Jakarta Post on Nov. 2, 2000.

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Tue, 07 Nov 2000

JP/Where to go in Bandung:

Where to go in Bandung:Exhibition* Fine Arts Exhibition, Liyan by Nindityo Adipurnomo, at Selasar Seni Sunaryo, Jl. Bukit Pakar Timur no. 100 (Phone: 022 2507939), until Dec. 3.Performances* Ballet by Wisma Nartaki group, Gedung Kesenian Rumentang Siang, Jl.

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Tue, 07 Nov 2000

JP/RP painter Jane in town

RP painter Jane in town JAKARTA (JP): The young and famous Philippines-born painter Jane del Rosario, who now resides in America's Beverly Hills, is to display her original paintings in a six-day exhibition starting Thursday at the Mandarin Oriental Hotel here as part of a tour of other major ...

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Tue, 07 Nov 2000

JP/Euro has little impact on trade relations with RI

Euro has little impact on trade relations with RI JAKARTA (JP): Since its launching in 1999, the European currency euro has had little impact on trade relations between Indonesia and the 11 European Union (EU) members adopting the currency, analysts said on Monday.

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Tue, 07 Nov 2000

JP/IBRA chief vows to speed up asset sales

IBRA chief vows to speed up asset sales JAKARTA (JP): The newly appointed chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan vowed on Monday to speed up the disposal of the various banking assets managed by the agency.

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Tue, 07 Nov 2000

JP/Tommy still not imprisoned

Tommy still not imprisoned JAKARTA (JP): Efforts to send former president Soeharto's son Hutomo "Tommy" Mandala Putra to jail turned out to be a farce on Monday as he managed to evade a second attempt over claims that he had not received a legalized copy of the presidential decree rejecting his ...

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Tue, 07 Nov 2000

JP/Dyviacom eyes JSX listing

Dyviacom eyes JSX listing JAKARTA (JP): Internet service provider PT Dyviacom Intrabumi said on Monday it planned to sell about 64 million new shares in an initial public offering (IPO) later this month.The company said in a press statement that it would also issue 25.

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Tue, 07 Nov 2000

JP/City Council halts free ID card scheme

City Council halts free ID card scheme JAKARTA (JP): The city council called on the administration on Monday to monitor the potential abuse of the free identity card renewal scheme. The scheme was initially planned to come into effect as of Nov.

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Tue, 07 Nov 2000

JP/Italy opens cultural center to the public

Italy opens cultural center to the publicBy Mehru Jaffer JAKARTA (JP): The American author Mark Twain once wrote that the Creator made Italy from designs by Michael Angelo. It is also said that people who do not know much about Italy are those who are always conscious of an inferiority.

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Tue, 07 Nov 2000

JP/Rupiah Rates Nov. 6

Rupiah Rates Nov. 6 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,593.00 9,593.00 9,048.00 9,138.

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Tue, 07 Nov 2000

JP/UK plans RI plane factory

UK plans RI plane factory JAKARTA (JP): The British-based Hamilton Airship Company plans to build a US$146 million worth aircraft factory in Indonesia, according to the government.

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Tue, 07 Nov 2000

JP/43 arrested for cockfighting

43 arrested for cockfighting KENDARI, Southeast Sulawesi: A police sergeant and an Army corporal were among 43 people arrested here on Sunday for gambling on illegal cockfights.

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Tue, 07 Nov 2000

JP/Schools abandon literature: Poet

Schools abandon literature: Poet JAKARTA (JP): Renowned poet W.S. Rendra and Bahasa Indonesia expert J.S. Badudu expressed on Monday their concern for the low interest in literature subjects in schools across the country.

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Tue, 07 Nov 2000

JP/Carrot, stick approach will continue after U.S. election

Carrot, stick approach will continue after U.S. election Expect the U.S. to continue being forthright on Indonesia's reforms, whoever becomes the next U.S.

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Tue, 07 Nov 2000

JP/Cuba offers coaches to Indonesia

Cuba offers coaches to Indonesia JAKARTA (JP): Cuba has approached the National Sports Council (KONI) about making available coaches and training facilities to help develop Indonesian athletes, KONI official in charge of research and development Imam Suyudi said on Monday.

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Tue, 07 Nov 2000

JP/Norway to develop hydropower project in Jambi province

Norway to develop hydropower project in Jambi province JAMBI (JP): A consortium of local administrations, Indonesia's state-owned electricity company PLN and Statkraft SF power- generation company from Norway and local private company PT Binatek Reka Energi has set up a joint venture to develop a ...

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Tue, 07 Nov 2000

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 6, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo ...

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Tue, 07 Nov 2000

JP/Illegal logging and looting threaten Lampung's forests

Illegal logging and looting threaten Lampung's forestsBy Hera Diani LAMPUNG (JP): Like other provinces in Sumatra, Lampung is blessed with lush green forests which spread from the south near the Sunda Straits to its northern area that abuts Bengkulu.

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Tue, 07 Nov 2000

JP/Obstacles to Mideast peace

Obstacles to Mideast peace There are forces on both sides who do not want peace, except on their own terms, without compromise. Until now, (Israeli Prime Minister Ehud) Barak has demonstrated he is serious about negotiating a lasting peace.

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Tue, 07 Nov 2000

JP/Lowering forward position limit an option, says Anwar

Lowering forward position limit an option, says Anwar JAKARTA (JP): Bank Indonesia senior deputy governor Anwar Nasution said on Monday that lowering the maximum US$5 million open forward position was an option to help curb speculation in the rupiah.

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Tue, 07 Nov 2000

JP/Rates for tax payment, valid from Nov. 6 to Nov 12

Rates for tax payment, valid from Nov. 6 to Nov 12 U.S. dollar 1 Rp 9,060.00Austrian schilling 1 552.94Australian dollar 1 4,703.95Belgian franc 1 188.61Canadian dollar 1 5,908.05Swiss franc 1 5,008.

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Tue, 07 Nov 2000

JP/Bengkulu forests under threat

Bengkulu forests under threat BENGKULU: Officials here said on Monday 48,000 of 251,000 hectares of conserved forest in the province have been damaged by illegal logging.

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Tue, 07 Nov 2000

JP/A recurring disaster

A recurring disaster Floods and landslides are no new phenomena to many areas of Java, especially along the island's northern and southern coasts.

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Tue, 07 Nov 2000

JP/Matraman youths to be given business training

Matraman youths to be given business training JAKARTA (JP): In an apparent attempt to help reduce prolonged clashes in the brawl-ridden Matraman area in East Jakarta, the National Board of Social Welfare (BKSN) is holding a workshop on small-scale enterprises empowerment for some 100 youths ...

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Tue, 07 Nov 2000

JP/Gus Dur fails people's wishes

Gus Dur fails people's wishes Many people had high hopes for President Abdurrahman Wahid, or Gus Dur as he is widely known, but he has failed to live up to their expectations. In reality, few people expected him to be a great president when he was elected.

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Tue, 07 Nov 2000

JP/Govt, IMF agree to slow down BRI loan divestment

Govt, IMF agree to slow down BRI loan divestment JAKARTA (JP): The government and the International Monetary Fund (IMF) have reached an agreement not to force state-owned Bank Rakyat Indonesia (BRI) to divest all its corporate loans by the end of this year as originally scheduled, a senior ...

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Tue, 07 Nov 2000

JP/Ex-Golkar boss grilled over July 27 incident

Ex-Golkar boss grilled over July 27 incident JAKARTA (JP): Golkar's former secretary general Ary Mardjono was questioned on Monday by a joint military-police team over the violent takeover of the Indonesian Democratic Party (PDI) headquarters on July 27, 1996.Col.

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Tue, 07 Nov 2000

JP/Iraq defies UN trade sanctions

Iraq defies UN trade sanctionsBy Peter Beaumont LONDON: The vast marble halls of Saddam International Airport have not been so busy in a decade.

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Tue, 07 Nov 2000

JP/Prosecutor seeks 15 months for Doyok

Prosecutor seeks 15 months for Doyok TANGERANG (JP): A state prosecutor asked on Monday that the Tangerang District Court sentence comedian Sudarmadji, better known as Doyok, to 15 months in jail for the illegal possession and use of 0.5 grams of crystal methampethamin (shabu-shabu).

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Tue, 07 Nov 2000

JP/Time running out for Milosevic

Time running out for Milosevic Time is running out for (former Yugoslav President) Slobodan Milosevic. The long arm of the law will reach him. If Milosevic is not sent to the U.N. war crimes tribunal in The Hague (Netherlands) there will be a trial in Belgrade.

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Tue, 07 Nov 2000

JP/RI juniors finish third in World C'ships

RI juniors finish third in World C'ships JAKARTA (JP): Indonesia finally finished third in the World Junior Badminton Championships for the Bimantara Cups in Guangzhou, China, on Monday by defeating Chinese Taipei.

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Tue, 07 Nov 2000

JP/Five suspects arrested over killing of police

Five suspects arrested over killing of police MAKASSAR, South Sulawesi (JP): Local police arrested five men on Sunday for their alleged involvement in the murder of Second Insp. Don Bosco Sagala, a police officer said on Monday.

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Tue, 07 Nov 2000

JP/Military undergoes major leadership reshuffle

Military undergoes major leadership reshuffle JAKARTA (JP): The Indonesian Military (TNI) on Monday formally announced the much anticipated promotion of Maj.

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Tue, 07 Nov 2000

JP/Cileduk soccer team goes to top 16

Cileduk soccer team goes to top 16 JAKARTA (JP): Cileduk soccer school team cruised to the top 16 after outclassing Wahana Bogor team 2-1 in the Group B match of the Under-13 Aspirin Cup soccer tournament at Aspirin field in Senayan complex here on Monday.

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Tue, 07 Nov 2000

JP/City official to be questioned over illegal billboard

City official to be questioned over illegal billboard JAKARTA (JP): City Planning Agency chief Ahmadin Ahmad will be questioned soon by the City Officials Honorary Council for his alleged role in granting permission to erect a giant billboard in a restricted zone, an official said on Monday.

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Tue, 07 Nov 2000

JP/House commission works on GMO rules

House commission works on GMO rules JAKARTA (JP): Insisting it is taking an impartial stance on transgenic products, or Genetically Modified Organisms (GMO), House of Representatives Commission VIII for environmental, science and technology affairs is working on a draft law to regulate the ...

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Tue, 07 Nov 2000

JP/What's on at JiFFest this Wednesday

What's on at JiFFest this Wednesday Titian Serambut di Belah Tujuh (TIM 1, 7:05 p.m.)A young teacher, Ibrahim, tries to change the traditional way of thinking and the educational system in a local town (96 minutes).Garage Olimpo (TIM 1, 9:15 p.m.

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Tue, 07 Nov 2000

JP/RI seeks $2b from Japan to develop cyber city

RI seeks $2b from Japan to develop cyber city JAKARTA (JP): Indonesia expects to obtain about US$2 billion from Japan's special IT development fund to establish a "cyber city" at the Jakarta Fairground in Kemayoran, Central Jakarta, the developer said here on Monday.

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Tue, 07 Nov 2000

JP/Good storytellers never go out of style

Good storytellers never go out of styleBy Dini Djalal JAKARTA (JP): What makes a good story? Everyone from Shakespeare to Sam Mendes, the Oscar-winning director of American Beauty, would give this simple answer: the storyteller.

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Tue, 07 Nov 2000

JP/NU chief asks Amien, Gus Dur to end feud

NU chief asks Amien, Gus Dur to end feud JAKARTA (JP): Hasyim Muzadi, chairman of the largest Muslim organization Nadhlatul Ulama (NU), called on President Abdurrahman Wahid and People's Consultative Assembly speaker Amien Rais to end their personal row to help calm their supporters at the ...

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Tue, 07 Nov 2000

JP/Protesters ransack WWF office in Bali

Protesters ransack WWF office in Bali DENPASAR, Bali: Some 200 people protesting the ban on the turtle trade ran amok here on Monday morning at the local office of the World Wide Fund for Nature (WWF).Protesters ransacked the WWF office on Jl.

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Tue, 07 Nov 2000

JP/Lawyers accused of harassing House

Lawyers accused of harassing House JAKARTA (JP): A hearing over the high-profile scandal in the National Logistics Agency (Bulog) at the House of Representatives turned into a bitter argument on Monday.

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Tue, 07 Nov 2000

JP/Democratic changes needed to help Bosnia's recovery

Democratic changes needed to help Bosnia's recoveryBy Sabina Arslanagic SARAJEVO (AFP): Bosnia's economic crisis can only be solved if the upcoming general election ushers in a new non-nationalist leadership ready to implement political and social reforms, diplomats and experts agree.

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Tue, 07 Nov 2000

JP/Death toll in C. Java landslide reaches forty-five

Death toll in C. Java landslide reaches forty-fiveBy Israr Ardiansyah PURWOREJO, Central Java (JP): The death toll from the landslide which struck three districts in the regency of Purworejo reached 45 on Monday, while seven people were reported missing, latest records at a joint emergency post ...

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Tue, 07 Nov 2000

JP/House approves law on human rights tribunal

House approves law on human rights tribunal JAKARTA (JP): The House of Representatives passed on Monday a law on human rights tribunals which makes it possible to try past abuses.

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