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

Wed, 20 Dec 2000

JP/Beyond Gus Dur's visit

Beyond Gus Dur's visit President Abdurrahman Wahid's jokes may have broken the ice and tension in Aceh during his meeting with a group of about 500 carefully screened people at Baiturrahman Mosque in Banda Aceh on Tuesday.

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Wed, 20 Dec 2000

JP/JSX expects 30 new IPOs next year

JSX expects 30 new IPOs next year JAKARTA (JP): The Jakarta Stock Exchange (JSX) is expecting 30 new listings next year up from 21 this year, as more companies launch initial public offerings (IPO) to capitalize on a recovering stock market.

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Wed, 20 Dec 2000

JP/Threat of disintegration in Maluku alarming: Ryaas

Threat of disintegration in Maluku alarming: Ryaas JAKARTA (JP): State Minister for Administrative Reforms Ryaas Rasyid said on Tuesday that threats of disintegration in Maluku were much more dangerous than the separatist movements in Aceh and Irian Jaya provinces.

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Wed, 20 Dec 2000

JP/The police and Tommy

The police and Tommy In a joint declaration, the top command of the national police has assured the nation that fugitive Tommy Soeharto will be caught before the end of the year. The impression is that the police now have an idea where the famous son of the former ruler is hiding himself.

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Wed, 20 Dec 2000

JP/Ramadhan time for Jakarta

Ramadhan time for JakartaWednesday Maghrib 6:08 p.m.Thursday Imsak 4:03 a.m.Subuh 4:13 a.m.

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Wed, 20 Dec 2000

JP/Homemade bomb rocks hospital in Yogyakarta

Homemade bomb rocks hospital in Yogyakarta YOGYAKARTA (JP): An explosion jolted the state-run Dr. Sardjito General Hospital here at around 1 a.m.

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Wed, 20 Dec 2000

JP/Between labor strikes and low tar and nicotine requirements

Between labor strikes and low tar and nicotine requirements SURABAYA (JP): A labor strike is not considered a major obstacle for the operation of cigarette companies in East Java. At least that is what HM Sampoerna feels.

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Wed, 20 Dec 2000

JP/IMF waiting for amendment of central bank law

IMF waiting for amendment of central bank law JAKARTA (JP): The International Monetary Fund (IMF) will disburse its next loan tranche to Indonesia only after the House of Representatives completes a crucial amendment of the central bank law, Minister of Finance Prijadi Praptosuhardjo said ...

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Wed, 20 Dec 2000

JP/Ticket scalpers threaten to burn down train station

Ticket scalpers threaten to burn down train station JAKARTA (JP): City police headquarters has deployed a number of policemen, including plainclothes officers, at train stations in the capital in response to threats made by ticket scalpers, an officer said on Tuesday.Spokesman Supt.

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Wed, 20 Dec 2000

JP/Government will dissolve Kamra despite threat of protest

Government will dissolve Kamra despite threat of protest JAKARTA (JP): Despite facing threats of violent protest, the government will continue with its plan to dissolve the civilian guards of the People's Security (Kamra) on Wednesday.

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Wed, 20 Dec 2000

JP/ADB signs Indonesian aid

ADB signs Indonesian aid JAKARTA (JP): The Manila-based Asian Development Bank (ADB) has agreed to provide Indonesia with US$115 million in loans to partly finance poverty eradication projects in the country's six less developed provinces in Kalimantan and Sulawesi.

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Wed, 20 Dec 2000

JP/Shanties increase rapidly in Batam

Shanties increase rapidly in Batam BATAM, Riau: The thriving growth of shanties and slum houses in Batam is encouraged by the fact that there is no single law which can control urbanization, an official says.

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Wed, 20 Dec 2000

JP/Semarang hosts Golden Glove C'ships

Semarang hosts Golden Glove C'ships SEMARANG (JP): Semarang will host the Golden Glove National Boxing Championships in February 2001. The event will feature 11 weight divisions."The championships will be attended by professional boxers from various clubs throughout the country.

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Wed, 20 Dec 2000

JP/Gus Dur taps Taufik for deputy chief justice

Gus Dur taps Taufik for deputy chief justice JAKARTA (JP): While the fate of the nation's next chief justice remains up in the air, President Abdurrahman Wahid has had no hesitation in appointing Taufik as deputy chief justice.

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Wed, 20 Dec 2000

JP/Lee's memoirs shed light on Indonesia-Singapore relations

Lee's memoirs shed light on Indonesia-Singapore relationsBy Jusuf Wanandi JAKARTA (JP): Remarks by President Abdurrahman Wahid about bilateral relations between Indonesia and Singapore, made after the ASEAN Informal Summit in Singapore last month, have once again made the top the center of debate.

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Wed, 20 Dec 2000

JP/Changing your child's meal

Changing your child's meal Dear Dr. Donya,I'm very grateful for your prompt reply. Since then I tried my best to change my son's meals. However, he has a very poor appetite. He prefers sucking rather than chewing.

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Wed, 20 Dec 2000

JP/Rupiah Rates Dec. 19

Rupiah Rates Dec. 19 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,835.00 9,835.00 9,288.00 9,382.

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Wed, 20 Dec 2000

JP/Observers blame President for government's poor performance

Observers blame President for government's poor performance JAKARTA (JP): Political and legal observers blamed President Abdurrahman Wahid on Tuesday for the government's poor performance, saying the President and his leadership style were the main reason for the country's continued problems.

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Wed, 20 Dec 2000

JP/Government still undecided on civil servants' wages

Government still undecided on civil servants' wages JAKARTA (JP): Senior government officials stressed on Tuesday that no definite decision had been taken on raising civil servants' wages as earlier reported.

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Wed, 20 Dec 2000

JP/Bentala sells Aetna shares

Bentala sells Aetna shares JAKARTA (JP): PT Bentala Kartika Abadi (Bentala) announced on Tuesday the sale of its 8.7 million shares in PT Aetna Life Indonesia to PT ING Insurance Indonesia.The proceeds of the sale, which totaled about Rp 12.

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Wed, 20 Dec 2000

JP/Prescription for the Indonesian bond market

Prescription for the Indonesian bond marketBy Thads Bentulan HONG KONG (JP): There is a perfect reason why the writer is playing doctor to the Indonesian bond market -- there exists no rupiah government benchmark.

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Wed, 20 Dec 2000

JP/Organda threatened with sanctions

Organda threatened with sanctions JAKARTA (JP): The city administration will take stern measures against the Association of Land Transportation Owners (Organda) if the association forces all taxi operators to apply the new fare, an official said on Tuesday.

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Wed, 20 Dec 2000

JP/Authorities prepare for annual holiday exodus

Authorities prepare for annual holiday exodus JAKARTA (JP): With only a few more days to go to the peak of the annual mudik (annual exodus from the major cities to hometowns), the responsible authorities across Java have made major preparations in anticipation of floods, landslides, ...

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Wed, 20 Dec 2000

JP/The Indonesian corps that can do no wrong

The Indonesian corps that can do no wrongBy Aboeprijadi Santoso BANDA ACEH (JP): The mayhem occurring in Aceh, Irian Jaya and the former Indonesian province of East Timor stems a great deal from violence and oppression.

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Wed, 20 Dec 2000

JP/Perbasi to appoint head coach for SEA Games 2001

Perbasi to appoint head coach for SEA Games 2001 JAKARTA (JP): The Indonesian Basketball Association (Perbasi) has decided to appoint a head coach for the men's and women's national basketball teams to be groomed for the Kuala Lumpur 2001 Southeast Asian (SEA) Games, an official said on Tuesday.

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Wed, 20 Dec 2000

JP/Anarchic actions driving tourists away: Minister

Anarchic actions driving tourists away: Minister JAKARTA (JP): The Ministry of Culture and Tourism closed the year with a pledge to boost tourism promotion and repair the country's tarnished public image resulting from recent anarchic actions which have "effectively driven the foreigners ...

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Wed, 20 Dec 2000

JP/Indonesia needs strong leadership, says Wardah Hafidz

Indonesia needs strong leadership, says Wardah Hafidz One of the reasons why Indonesia is still dogged by the multidimensional crisis is because it has no effective, courageous and sensitive leaders, says sociologist Wardah Hafidz of the Urban Poor Consortium (UPC), the NGO that recently won ...

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Wed, 20 Dec 2000

JP/East Timorese end talks in Bali on high note

East Timorese end talks in Bali on high note KUTA, Bali (JP): A two-day East Timor dialog ended with optimism here on Tuesday as most participants expressed the belief that the door toward reconciliation was now ajar.

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Wed, 20 Dec 2000

JP/Hoodlums brawl in Cileungsi

Hoodlums brawl in Cileungsi BOGOR (JP): A resident of Cileungsi was seriously injured during clashes among local thugs, who have been engaged in sporadic battles since Sunday.

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Wed, 20 Dec 2000

JP/Marubeni to reduce interest rate of Chandra Asri debt

Marubeni to reduce interest rate of Chandra Asri debt JAKARTA (JP): Japan's Marubeni Corp. has agreed to lower the interest rate of the debt owed by the local petrochemical giant PT Chandra Asri, according to Coordinating Minister for the Economy Rizal Ramli.

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Wed, 20 Dec 2000

JP/New bookshop to satisfy all readers

New bookshop to satisfy all readersBy Grace Segran JAKARTA (JP): A bilingual bookshop aiming to be different by providing a comfortable, pleasant atmosphere conducive to browsing, a wide array of carefully-selected titles, and service from unobtrusive and knowledgeable staff is now available ...

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Wed, 20 Dec 2000

JP/Pramindo prefers joint venture with Telkom

Pramindo prefers joint venture with Telkom JAKARTA (JP): PT Pramindo Ikat Nusantara has proposed the establishment of a joint venture with PT Telkom to resolve a two- year dispute over its joint-operation agreement with the state- owned telecommunication company.

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Wed, 20 Dec 2000

JP/Weather conditions dampen holiday season for travelers

Weather conditions dampen holiday season for travelers JAKARTA (JP): This season will probably be the toughest one for the anticipated millions of commuters in Java with three major national holidays -- Christmas, Idul Fitri and New Year -- all falling in sequence.

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Wed, 20 Dec 2000

JP/Sugar truck driver robbed, murdered

Sugar truck driver robbed, murdered JAKARTA (JP): A 30-year-old driver of a sugar transport truck was found dead in front of the Kampung Rambutan intercity bus terminal in East Jakarta at a few minutes past midnight on Tuesday.

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Wed, 20 Dec 2000

JP/Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment * The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Aia Reforms Band, Monday to Sunday, 6 p.m. to 2 a.m., Thursday to Saturday, 6 p.m. to 4 a.m.* Hyatt Regency Surabaya, Jl. Jend.

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Wed, 20 Dec 2000

JP/Heavy downpours hamper flights

Heavy downpours hamper flights PADANG, West Sumatra: Tuesday's heavy downpours crippled the West Sumatra capital of Padang, aborting all flights to and from Tabing Airport.Airport officials said that all flights to and from Medan, Jakarta, Pekanbaru and Kuala Lumpur (Malaysia) had been delayed.

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Wed, 20 Dec 2000

JP/Golkar studies Cabinet proposal

Golkar studies Cabinet proposal JAKARTA (JP): The Golkar Party will carefully evaluate the National Awakening Party's (PKB) proposal to reshuffle the governing cabinet and replace it with a new one consisting of elements from three political parties and the Indonesian Military (TNI), chairman ...

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Wed, 20 Dec 2000

JP/Antimonopoly body to probe eight leading companies

Antimonopoly body to probe eight leading companies JAKARTA (JP): An antimonopoly watchdog will soon investigate eight leading companies for possible violations of the antimonopoly law.

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Wed, 20 Dec 2000

JP/Puberty brings both joy and confusion

Puberty brings both joy and confusionBy Donya Betancourt SANUR, Bali (JP): Adolescence is a bridge between childhood and adulthood. However, parents sometimes are not aware of normal development issues in adolescence.

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Wed, 20 Dec 2000

JP/Unforgettable flavor of Taiwan's oolong tea

Unforgettable flavor of Taiwan's oolong teaBy Mehru Jaffer JAKARTA (JP): When Lie Mei Chu first came to Indonesia more than two decades ago what she missed most about her native Taiwan was, tea.

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Wed, 20 Dec 2000

JP/TV today

TV todayTVRI 3:30 a.m. Ramadhan Special: Uraian Syiar Sahur 4:30 Ramadhan Special: Koran Recital 5:30 Ramadhan Special: Pelajaran Iqro 6:00 News 8:00 Children's Program 8:30 Music 9:00 Interval 2:00 p.

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Wed, 20 Dec 2000

JP/PBSI to axe Paulus from Korea Open squad

PBSI to axe Paulus from Korea Open squad JAKARTA (JP): The Badminton Association of Indonesia (PBSI) official in charge of athletes development, Mangombar Ferdinand Siregar, told reporters on Tuesday that women's doubles coach Paulus would not go to the six-star Korea Open.

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Wed, 20 Dec 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: The Grinch 13:00 15:15 19:30 Kuch-Kuch Hota Hai 14:30 19:45 Charlie's Angels 13:00 15:15 19:30 The Replacements 13:45 16:00 20:15 Chicken Run 13:00 15:15 ...

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Wed, 20 Dec 2000

JP/English courses for reporters

English courses for reporters JAKARTA (JP): The School for International Training (SIT) of the Pelita Harapan foundation will run English language courses for some 180 print and broadcast journalists starting next month.

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Wed, 20 Dec 2000

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 19, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo ...

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Wed, 20 Dec 2000

JP/BI to pay city for land conversion

BI to pay city for land conversion JAKARTA (JP): After nine years of stalemate, the central bank (Bank Indonesia) has committed itself to pay the city administration Rp 37.8 billion (US$4 million) in compensation for acquiring a city asset, formerly Jl.

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Wed, 20 Dec 2000

JP/Mayor's costs questioned

Mayor's costs questioned TANGERANG (JP): A Tangerang mayoralty councillor said here on Tuesday the proposed expenditures for the mayor in the 2001 draft budget were unrealistic.

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Wed, 20 Dec 2000

JP/BPGS gives Rp 5b to SEA Games training

BPGS gives Rp 5b to SEA Games training JAKARTA (JP): The Gelora Senayan Management Board (BPGS) will contribute Rp 5 billion (US$530,000) to financially help the training program for the 2001 Southeast Asian (SEA) Games in Kuala Lumpur.

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