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

Tue, 22 Feb 2000

JP/TV today

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

Tue, 22 Feb 2000

JP/Young designers lighten up capital's fashion scene

Young designers lighten up capital's fashion sceneBy Agni Amorita JAKARTA (JP): Two young and promising designers opted for other colors for St. Valentine Day's instead of conventional pink at their debut fashion show at Grand Mahakam Hotel.

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Tue, 22 Feb 2000

JP/Opponents fault plan to erect heroes monuments

Opponents fault plan to erect heroes monuments JAKARTA (JP): The city administration's plan to erect monuments of several national heroes on major streets in the capital bearing their names has met with outspoken opposition.

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Tue, 22 Feb 2000

JP/Evil advertisements

Evil advertisements Economics explains what is likely true: advertising helps to sell goods. That is why many companies enthusiastically advertise their goods/products, even though it can be very costly.

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Tue, 22 Feb 2000

JP/On freedom of worship

On freedom of worship "All religions must be tolerated," the eminent 18th-century Prussian monarch Frederick the Great is said to have once instructed his religious department officials. "Every man must go to heaven in his own way.

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Tue, 22 Feb 2000

JP/Council to propose draft bylaw on asset management

Council to propose draft bylaw on asset management JAKARTA (JP): In a move to prevent losses of city assets, the City Council will soon submit a draft bylaw on city asset management, a councilor said on Monday.

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Tue, 22 Feb 2000

JP/Arun LNG plant

Arun LNG plant With regards your report titled Two Arun LNG trains to be shut, on Feb. 19, 2000, we hereby would like to comment and make a correction as follows:1. I was telephoned by your reporter at 7 p.m. on Feb.

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Tue, 22 Feb 2000

JP/Govt told to step up fight against copyright infringement

Govt told to step up fight against copyright infringement JAKARTA (JP): The Indonesian Intellectual Property Society called on the government on Monday to take tougher action in curbing copyright infringement in Indonesia or face possible retaliation in the near future.

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Tue, 22 Feb 2000

JP/Where to go in Bandung for Tuesday, Feb. 22, 2000

Where to go in Bandung for Tuesday, Feb. 22, 2000Performances * Music at CCF - French Cultural Center, Jl. Purnawarman 32, 7:30 p.m.: Paris Combo, March 2. Trio La Tache, March 9. * Sundanese Traditional Performance by Dewi Murni Group, at Gedung Kesenian Rumentang Siang, Jl.

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Tue, 22 Feb 2000

JP/Rise in haj pilgrims from North Maluku

Rise in haj pilgrims from North Maluku TERNATE, North Maluku: The number of haj pilgrims from the riot-wracked province increased by 50 percent this year, Governor Surasmin said on Monday.

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Tue, 22 Feb 2000

JP/Cotton mission in town

Cotton mission in town JAKARTA (JP): A delegation from the Australian Cotton Shippers Association (ACSA) is visiting Indonesia to initiate an international market development program aimed at highlighting its growing bilateral cotton trade with Indonesia.

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Tue, 22 Feb 2000

JP/Sjahril vows not to step down from BI

Sjahril vows not to step down from BI JAKARTA (JP): Embattled Bank Indonesia Governor Sjahril Sabirin stressed on Monday that he would not resign from his post despite increasing criticism over the alleged mishandling of billions of dollars in emergency liquidity support to ailing banks between ...

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Tue, 22 Feb 2000

JP/Is North Sumatra's Lake Toba really as sick as it sounds?

Is North Sumatra's Lake Toba really as sick as it sounds?By Pasi Lehmusluoto JAKARTA (JP): "Danau Toba sakit" (Toba Lake is Sick), screamed the headline of Medan Patriot Indonesia on Jan. 26, 2000. The newspaper explained that the "sickness" reduced the lake's value as a tourist attraction.

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Tue, 22 Feb 2000

JP/Talks on e-commerce security

Talks on e-commerce security JAKARTA (JP): The Computer Associates will hold a seminar on e-commerce security in Jakarta on Thursday to address the potential security issues related to Internet usage and e- commerce in Indonesia.

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Tue, 22 Feb 2000

JP/Police shoot, arrest car theft suspects

Police shoot, arrest car theft suspects JAKARTA (JP): South Jakarta police detectives shot dead a car theft suspect and arrested his two accomplices after being caught offering a stolen vehicle to undercover officers on Monday afternoon.South Jakarta Police Chief of Detectives Maj.

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Tue, 22 Feb 2000

JP/Let the Irianese choose how to live

Let the Irianese choose how to live I would like to comment on the article about Irianese life expectancy (The Jakarta Post, Feb. 16, 2000), reflecting my own experiences while traveling in Irian Jaya.

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Tue, 22 Feb 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: The Bone Collector 14:15 16:55 19:05 21:15 13th Warrior 14:55 17:35 19:45 21:55 She's All That 14:15 16:55 19:05 21:15 Stigmata 14:55 17:35 19:45 21:55 Life is Beautiful ...

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Tue, 22 Feb 2000

JP/Car sales grow 77%

Car sales grow 77% JAKARTA (JP): Domestic vehicle sales grew by 77 percent to 94,023 vehicles in 1999 from just 53,032 a year earlier, according to data at the Association of Indonesian Automotive Industries released on Monday.Meanwhile, exports for 1999 totaled 31,660 vehicles.

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Tue, 22 Feb 2000

JP/Minimum wage set to rise 15% to 55%

Minimum wage set to rise 15% to 55% JAKARTA (JP): Official minimum wage levels throughout the country will increase between 15 percent and 55 percent from April 1, the Ministry of Manpower announced on Monday.

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Tue, 22 Feb 2000

JP/WFP distributes rice to the poor

WFP distributes rice to the poor JAKARTA (JP): United Nations World Food Program (WFP) executive director Catherine Bertini (right) distributes rice during a visit to Cipinang Besar Selatan, East Jakarta.

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Tue, 22 Feb 2000

JP/Agus appears in court, declares his innocence

Agus appears in court, declares his innocence JAKARTA (JP): Only one day after his father vowed not to interfere in the investigation and prosecution process, Army Second Lt. Agus Isrok appeared at West Jakarta District Court on Monday to defend his innocence in a drug abuse and trafficking case.

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Tue, 22 Feb 2000

JP/Government told not to meddle in religious affairs

Government told not to meddle in religious affairsBy Febiola Desy Unidjaja and Ahmad Junaidi JAKARTA (JP): Religious groups, observers and legislators supported calls to limit the role of the state in religious affairs to that of a facilitator to curb radical sects which could disrupt social ...

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Tue, 22 Feb 2000

JP/Tyasno plays down rift between Wiranto and Agus

Tyasno plays down rift between Wiranto and Agus MAKASSAR, South Sulawesi (JP): Army chief of staff Gen. Tyasno Sudarto plays down tension between Gen. Wiranto and Chief of Wirabuana Military Command Maj. Gen. Agus Wirahadikusuma, saying that it's just a matter of miscommunication.

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Tue, 22 Feb 2000

JP/Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Feb. 21, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,398.00 7,472.00Australian dollar 1 4,643.

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Tue, 22 Feb 2000

JP/Mob kills alleged thieves

Mob kills alleged thieves MEDAN, North Sumatra: A mob beat two alleged thieves to death and injured another early on Monday in Tanjung Rejo village in Deli Serdang regency, some 40 kilometers south of here.

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Tue, 22 Feb 2000

JP/Wife accused in burning death

Wife accused in burning death TANGERANG (JP): Public minivan driver Mohamad Ridwan Harahap, 29, of Benda district here allegedly was burned to death by his wife and two of her relatives in the early hours of Monday.

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Tue, 22 Feb 2000

JP/Military says GAM leader Abdullah Syafi'ie 'dying'

Military says GAM leader Abdullah Syafi'ie 'dying' JAKARTA (JP): The Indonesian Military (TNI) claimed on Monday to have wounded Free Aceh Movement (GAM) separatist group leader Tengku Abdullah Syafi'ie in a gunfight in the North Aceh district of Pidie last month.

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Tue, 22 Feb 2000

JP/Government expects GDP to grow 3%

Government expects GDP to grow 3% JAKARTA (JP): Finance minister Bambang Sudibyo said on Monday the economy was expected to grow by 3 percent in 2000, lower than the 4 percent forecast made by the Central Bureau of Statistics (BPS) last week.

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Tue, 22 Feb 2000

JP/Developing SMEs in the digital era

Developing SMEs in the digital eraBy Daniel Kingsley This is the second of two articles on advancing small and medium enterprises. JAKARTA (JP): The next issue is comparative advantages and a level playing field. New e-trade companies are beginning to enter the rural market.

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Tue, 22 Feb 2000

JP/Uber Cup team members come under fire

Uber Cup team members come under fire JAKARTA (JP): Despite the Indonesian Uber Cup team's success in reaching the final stage of the event in Kuala Lumpur in May, it has drawn criticisms from former athletes, the National Sports Council (KONI), and a former official of the Badminton Association ...

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Tue, 22 Feb 2000

JP/BPGS declines offer from owner of Hilton

BPGS declines offer from owner of Hilton JAKARTA (JP): The Gelora Senayan Management Board (BPGS) will not accept an offer from PT Indobuildco, owner of the Hilton International Hotel, to lengthen its lease until the company accepts certain conditions set by BPGS.

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Tue, 22 Feb 2000

JP/Grand masters on show in JAPFA chess event

Grand masters on show in JAPFA chess event JAKARTA (JP): Grand masters from Indonesia and six other countries will compete in the US$56,500 (Rp 417 million) JAPFA Classic International Chess Tournament 2000 in Bali, from April 21 to May 1.

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Tue, 22 Feb 2000

JP/Minister appeals for foreign aid for reforestation

Minister appeals for foreign aid for reforestation JAKARTA (JP): Minister of Forestry and Plantations Nur Mahmudi Ismail said on Monday the country needed some Rp 18 trillion in foreign assistance to restore 10 million hectares of damaged forest.

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Tue, 22 Feb 2000

JP/Banks must make IT a priority

Banks must make IT a priorityBy Djoko Suryoko Ruslan JAKARTA (JP): The role of information technology (IT) in accelerating the recent regional economic crisis, through paving the way for the stampede of electronic bears, has been well- publicized.

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Tue, 22 Feb 2000

JP/DLLAJ decides to disregard traffic problems

DLLAJ decides to disregard traffic problems BOGOR (JP): The local Land Transportation Agency (DLLAJ) has decided not to take any measures to solve the chronic traffic congestion here because of the violent attitude of public transport drivers, an agency official said on Monday.

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Tue, 22 Feb 2000

JP/RI students to compete in tae kwon do c'ship

RI students to compete in tae kwon do c'ship JAKARTA (JP): Seven students are being groomed in a training program in Batam in preparation for the 6th World Tae Kwon Do Inter-University Championship in Kaohsiung, Taiwan, from March 29 to April 2.

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Tue, 22 Feb 2000

JP/Market security guard allegedly rapes teenager

Market security guard allegedly rapes teenager TANGERANG (JP): Tangerang Police foiled an attempt on Monday by hundreds of traders at the Cikokol market to burn down the house of a man who had allegedly raped a teenage girl.Chief of the Tangerang City police subprecinct, Capt.

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Tue, 22 Feb 2000

JP/Medan gets Fedex office

Medan gets Fedex office JAKARTA (JP): Federal Express, through its sole licensee in Indonesia, PT Repex Perdana International, has launched a new branch in Medan, North Sumatera, to accommodate the growing export business in the province.

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Tue, 22 Feb 2000

JP/Indorayon requests two months for audit preparation

Indorayon requests two months for audit preparation JAKARTA (JP): Publicly listed pulp and rayon company PT Inti Indorayon Utama asked the government on Monday to give it two months to prepare for an environmental audit.Indorayon chief commissioner Palgunadi T.

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Tue, 22 Feb 2000

JP/JSX halts Bumi Modern trading amid rights issue questions

JSX halts Bumi Modern trading amid rights issue questions JAKARTA (JP): The management of the Jakarta Stock Exchange (JSX) suspended on Monday trading of property concern Bumi Modern amid controversy over its massive rights issue plan.

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Tue, 22 Feb 2000

JP/Timah suffers 39% fall in profit

Timah suffers 39% fall in profit JAKARTA (JP): PT Timah, the world's largest tin mining company, reported on Monday a 39 percent drop in its 1999 consolidated net profit to Rp 318 billion (US$43.86 million).As the consequence, the earning per share plunged to Rp 632 in 1999 from Rp 1,031 in 1998.

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Tue, 22 Feb 2000

JP/KONI calls sports bodies to prepare for SEA Games

KONI calls sports bodies to prepare for SEA Games JAKARTA (JP): The National Sports Council (KONI) called sports organization officials to attend a meeting on Monday to discuss the country's preparation for the 2001 Southeast Asian (SEA) Games in Kuala Lumpur.

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Tue, 22 Feb 2000

JP/Son beats mom over tafu

Son beats mom over tafu JAKARTA (JP): Suprihatin, 55, had to be rushed to the emergency unit of a hospital on Monday after being badly beaten by her son, who fell over after accidentally slipping on a piece of tofu she had just bought at the market.

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Tue, 22 Feb 2000

JP/Tire market 'to grow by over 40% this year'

Tire market 'to grow by over 40% this year' TANGERANG, West Java (JP): Indonesia's four-wheel tire market is expected to grow by over 40 percent this year on the back of the country's economic recovery, according to a senior official at publicly listed tire manufacturer PT Gajah Tunggal.

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Tue, 22 Feb 2000

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb.21, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

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Tue, 22 Feb 2000

JP/UI wins English debate contest

UI wins English debate contest SURABAYA: The University of Indonesia (UI) won the third Indonesian Varsities English Debate (IVED) contest here after an all-UI final.

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Tue, 22 Feb 2000

JP/Marwah threatens to quit Golkar

Marwah threatens to quit Golkar JAKARTA (JP): The Golkar Party continues to foment with internal disagreement, with a defiant politician warning that dissatisfied members could form a breakaway party.Marwah Daud Ibrahim, a backer of former president B.J.

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Tue, 22 Feb 2000

JP/Course for Bogor councilors

Course for Bogor councilors BOGOR (JP): All 44 members of the Bogor Municipality Council are taking part in a four-day training course at Cipayung Asri 88 hotel in the mountain resort of Cipayung.Council speaker M.

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Tue, 22 Feb 2000

JP/Soeharto syndrome

Soeharto syndrome Could it be that the medical world now has to solve a mystery called the Soeharto syndrome: loss of speech when charges of corruption, collusion and nepotism are made against him?Former president Soeharto last week was once again being investigated by a House commission into his ...

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Tue, 22 Feb 2000

JP/Government to push ahead with fuel price hike

Government to push ahead with fuel price hike JAKARTA (JP): President Abdurrahman Wahid said on Monday the government would push ahead with plans to increase electricity tariffs and fuel prices despite the public's protests, citing that it was part of the agreement with the International ...

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Tue, 22 Feb 2000

JP/Eros vows to challenge Megawati again

Eros vows to challenge Megawati again KARANGANYAR, Central Java (JP): Outspoken politician Eros Djarot has continued his fight against the renomination of incumbent Indonesian Democratic Party of Struggle (PDI Perjuangan) chief Megawati Soekarnoputri.

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