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

Fri, 10 Mar 2000

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Mar. 9, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

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Fri, 10 Mar 2000

JP/Vendors defy order to close their business

Vendors defy order to close their business JAKARTA (JP): More than 100 street vendors whose kiosks were demolished earlier this week returned on Thursday to the "strategic" site in front of the Senen market.

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Fri, 10 Mar 2000

JP/TV today

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

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Fri, 10 Mar 2000

JP/Marzuki told to get tough with Soeharto

Marzuki told to get tough with Soeharto JAKARTA (JP): Leading activists on Thursday called on the Attorney General's Office not to waste more time in taking firm action against former president Soeharto as his meeting with President Abdurrahman Wahid on Wednesday proved that his condition was not ...

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Fri, 10 Mar 2000

JP/Prabowo intends to tell all in book

Prabowo intends to tell all in book JAKARTA (JP): Lt. Gen. (ret.) Prabowo Subianto, the disgraced former chief of the Army Strategic Reserves Command (Kostrad), has said he intends to put the record straight in a planned book on events surrounding the bloody May 1998 riots and abduction ...

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Fri, 10 Mar 2000

JP/Where to go in Jakarta: Friday, March 10, 2000

Where to go in Jakarta: Friday, March 10, 2000Exhibitions * Painting Exhibition: Generasiku Harapanku, My Generation, My Hope, by Trubus S, Kartono Y, Wakidi, Sudarso, Ad Pirous Dullah, etc., at Hotel Mulia Senayan, Jl. Asia Afrika, Senayan, Central Jakarta (Phone: 5747777), until March 17.

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Fri, 10 Mar 2000

JP/Malaysia supports Indonesian unity, warns Aceh rebels

Malaysia supports Indonesian unity, warns Aceh rebels JAKARTA (JP): Visiting Malaysian Prime Minister Mahathir Mohamad affirmed on Thursday his country's support for Indonesia's unity, and warned Aceh separatist rebels not to use his country as a base for their resistance.

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Fri, 10 Mar 2000

JP/Sugarcane farmers bitter about imports

Sugarcane farmers bitter about imports SURABAYA, East Java: Hundreds of sugarcane farmers staged a protest at the provincial legislature on Thursday, demanding the government limit sugar imports because they were undermining the price of local sugar.

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Fri, 10 Mar 2000

JP/All-Jakarta final in Ligina league expected

All-Jakarta final in Ligina league expected JAKARTA (JP): Persija Jakarta returned victorious from Brunei on Thursday only to be challenged by Governor Sutiyoso to set their eyes on reaching the final of the domestic Bank Mandiri soccer league.

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Fri, 10 Mar 2000

JP/Spain's PM defies doubters as election looms

Spain's PM defies doubters as election loomsBy Matt Spetalnick MADRID (Reuters): When Jose Maria Aznar was sworn in as prime minister after a narrow victory in the 1996 election, many Spaniards wondered how long it would take for the government he stitched together to fall apart.

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Fri, 10 Mar 2000

JP/Goat sellers out for more than hay at Idul Adha

Goat sellers out for more than hay at Idul Adha JAKARTA (JP): Goat sellers have set up shop on streets in many parts of the city with the Idul Adha Islamic Day of Sacrifice only a week away.

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Fri, 10 Mar 2000

JP/Fisheries touted for net value

Fisheries touted for net value MAUMERE, East Nusa Tenggara (JP): Minister of Maritime Exploration and Fisheries Sarwono Kusumaatmadja said East Nusa Tenggara should prepare its human resources in the maritime sector to exploit its rich marine assets.

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Fri, 10 Mar 2000

JP/History points to another crash landing

History points to another crash landingBy Larry Elliott LONDON: In the spring of 1720, when all of London was clamoring for shares in the South Sea company, Sir Isaac Newton was asked what he thought about the market.

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Fri, 10 Mar 2000

JP/How the West's broadcast media views the world

How the West's broadcast media views the worldBy John Vidal LONDON: Ten years ago, I traveled to Sudan to cover the food shortages. There in Khartoum were television crews from three British channels making very diverse programs.

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Fri, 10 Mar 2000

JP/Sampoerna back in black due to drop in debts

Sampoerna back in black due to drop in debts JAKARTA (JP): Publicly listed cigarette producer PT HM Sampoerna expects to book a net profit of about Rp 1.36 trillion (about US$181 million) in 1999, a turnaround from a net loss of Rp 95 billion the previous year.

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Fri, 10 Mar 2000

JP/End of a chapter

End of a chapter By disbanding the Coordinating Agency to Support the Strengthening of National Stability (Bakorstanas) and all its units in the regions, President Abdurrahman Wahid has closed another chapter in the military's domination of the government in this country.

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Fri, 10 Mar 2000

JP/Cultural differences a sacred cow?

Cultural differences a sacred cow?By Donna K. Woodward MEDAN (JP): Last Dec. 30 The Jakarta Post carried a report from Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie about the state-run electricity firm's loss of Rp 5 trillion because of poor management.

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Fri, 10 Mar 2000

JP/New Jakarta visitors guide to be published in August

New Jakarta visitors guide to be published in August JAKARTA (JP): PT Media Dutaservisindo publishing company in collaboration with the Indonesian Hoteliers & Restaurateurs Association (PHRI) plans to publish its first guidebook to Jakarta in August this year, company executives announced here ...

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Fri, 10 Mar 2000

JP/Gemala Container's Rp 92b debt

Gemala Container's Rp 92b debt I refer to a report in a number of newspapers about a Rp 92 billion debt and would like to ask H. Gozali, director of PT Gemala Container the following:1.

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Fri, 10 Mar 2000

JP/Bintuni on its share price

Bintuni on its share price JAKARTA (JP): Publicly-listed PT Bintuni Minaraya fishing company explained on Thursday it did not know anything that could be material to the unusually steep rise in the price of its shares that prompted the Capital Market Supervisory Agency to suspend the share ...

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Fri, 10 Mar 2000

JP/PDI-P executive on shortlist for top position at Telkom

PDI-P executive on shortlist for top position at Telkom JAKARTA (JP): Dimyati Hartono, senior executive of the Indonesian Democratic Party of Struggle (PDI Perjuanagan), and president of satellite operator PT Pasifik Satelit Nusantara Adi R.

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Fri, 10 Mar 2000

JP/Athletes in Olympics training suffer injuries

Athletes in Olympics training suffer injuries JAKARTA (JP): Seven athletes currently training for the 2000 Olympic Games in Sydney have to undergo medical treatment for injuries or illnesses, the National Sports Council (KONI) said on Thursday.

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Fri, 10 Mar 2000

JP/Japan's SMEs eye Indonesia amid concerns over security

Japan's SMEs eye Indonesia amid concerns over securityBy Devi M. Asmarani BATAM (JP): Japanese small and medium enterprises said here on Thursday they were interested in setting up businesses in Indonesia, but were still concerned by the country's security situation.

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Fri, 10 Mar 2000

JP/Am I the only person confused?

Am I the only person confused? I fully and without any hesitation accept the fact that the President is fully responsible for the wellbeing of our country. And because of that he has the right to take any step he thinks fit for the benefit of our country.

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Fri, 10 Mar 2000

JP/A most serious legal test case

A most serious legal test case The case involving the mismanagement of Bank Indonesia's liquidity support (BLBI) money (for troubled private banks) will be the final test case for the Attorney General's Office. If it dallies, it is certain to face serious problems.

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Fri, 10 Mar 2000

JP/Police officers deny torture accusations

Police officers deny torture accusations JAKARTA (JP): Two police detectives told the West Jakarta District Court on Thursday that they did not physically or mentally intimidate drug defendant Donny Hendrian during the preparation of his affidavit for alleged drug possession.Chief detectives Sgt.

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Fri, 10 Mar 2000

JP/Aussie police ask help over migrants

Aussie police ask help over migrants BOGOR (JP): Australian police have asked for the help of Bogor Regional Police in preventing Middle Eastern migrants illegally entering the country through the West Java port of Pelabuhan Ratu, an official said on Thursday.Bogor Regional Police chief Col.

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Fri, 10 Mar 2000

JP/Angelique, Dea in junior semis

Angelique, Dea in junior semis JAKARTA (JP): Angelique Widjaja and Dea Sumantri moved a step closer to an all-Indonesian final in the girls' singles of the Indonesia Gas Negara International Junior tennis championships on Thursday.

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Fri, 10 Mar 2000

JP/Policemen crushed by falling tree

Policemen crushed by falling tree JEPARA, Central Java: A 30-meter-high tree toppled in a forested area near Darmolo village, Bangsri district here, killing three policemen on patrol.The tree, which was 65 centimeters in diameter, fell on a total of nine policemen. Three remain hospitalized.

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Fri, 10 Mar 2000

JP/Do the right thing in Nigeria and Indonesia

Do the right thing in Nigeria and IndonesiaBy Gwynne Dyer LONDON (JP): On Feb. 29, in the Nigerian capital of Abuja, 18 men did a brave thing.

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Fri, 10 Mar 2000

JP/Pick of the Flicks (for Friday, March 10, 2000)

Pick of the Flicks (for Friday, March 10, 2000)Hollywood KC Three Kings 14:15 16:55 19:05 21:15 Life is Beautiful 14:55 17:35 19:45 21:55 Enemy Of My Enemy 14:15 16:55 19:05 21:15 The Hurricane 14:30 17:15 21:00 ...

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Fri, 10 Mar 2000

JP/Abolishment of more TNI bodies urged

Abolishment of more TNI bodies urged JAKARTA (JP): Following the decision to abolish the Coordinating Agency to Support the Strengthening of National Stability (Bakorstanas), legislators and observers urged other military-controlled monitoring bodies to also be dissolved.

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Fri, 10 Mar 2000

JP/Schroeder feels the heat from IMF errors

Schroeder feels the heat from IMF errorsBy Alastair Macdonald BERLIN (Reuters): Gerhard Schroeder has lost Germany one IMF chief through carelessness and can ill afford to lose a second if he is to salvage his diplomatic credibility.

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Fri, 10 Mar 2000

JP/Asrim against excise taxes on soft drinks

Asrim against excise taxes on soft drinks JAKARTA (JP): The Association of Indonesian Soft Drink Producers (Asrim) opposed on Thursday the government's plan to introduce excise taxes on soft drinks.

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Fri, 10 Mar 2000

JP/Jakarta awash with instrumental music

Jakarta awash with instrumental musicBy Y. Bintang Prakarsa JAKARTA (JP): Last week was a time of world-class instrumental musical performances in the city.

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Fri, 10 Mar 2000

JP/S'pore school teaches 'angklung' and computers

S'pore school teaches 'angklung' and computersBy Endy M. Bayuni SINGAPORE (JP): The distinct sound of bamboo being shaken from angklung hailed our arrival at the school yard.

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Fri, 10 Mar 2000

JP/Difficult balancing act for Morocco's young king

Difficult balancing act for Morocco's young kingBy Sinikka Tarvainen MADRID/RABAT (DPA): Seven months after the accession to the throne of King Mohammed VI, Morocco is in turmoil."The king remains popular, and great hopes are still attached to him," commented one observer in Rabat.

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Fri, 10 Mar 2000

JP/Fear of vacuum if Israel leaves Lebanon

Fear of vacuum if Israel leaves LebanonBy Jack Redden TIBNINE, Lebanon (Reuters): Twenty-two years after United Nations troops entered Lebanon, the goal of getting Israeli forces out looks nearly complete but doubts hang over their other mission of restoring Lebanese government authority.

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Fri, 10 Mar 2000

JP/House may nominate Benjamin for seat on the Supreme Court

House may nominate Benjamin for seat on the Supreme Court JAKARTA (JP): The House of Representatives could still nominate prominent former judge Benjamin Mangkoedilaga as a supreme court justice, even though the Supreme Court has excluded him from the list of candidates, House Speaker Akbar ...

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Fri, 10 Mar 2000

JP/Mahathir asks RI to aid investors

Mahathir asks RI to aid investors JAKARTA (JP): Visiting Malaysian Prime Minister Mahathir Mohamad asked Indonesia on Thursday to provide "some facilities" for Malaysian investors to enhance bilateral economic ties.

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Fri, 10 Mar 2000

JP/President concerned about Roche's case

President concerned about Roche's case JAKARTA (JP): President Abdurrahman Wahid has reiterated that Indonesia should honor the sanctity of contracts and abide by Law No.

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Fri, 10 Mar 2000

JP/One luxury car smuggler arrested

One luxury car smuggler arrested JAKARTA (JP): Tanjung Priok Port (KP3) Police detectives in North Jakarta arrested a suspected car smuggler on Tuesday in connection with the seizure of nine illegal luxury cars and 200 spare parts by city traffic police since late January, an officer said on ...

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Fri, 10 Mar 2000

JP/New regulation in works to curb illegal fishing

New regulation in works to curb illegal fishing JAKARTA (JP): The government will apply a new fishing licensing regulation as it moves to curb illegal foreign fishing in Indonesian waters, Minister of Maritime Exploration Sarwono Kusumaatmaja said on Thursday.

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Fri, 10 Mar 2000

JP/Bandung sculptor wins statue design competition

Bandung sculptor wins statue design competition JAKARTA (JP): A board of jurists has declared Bandung sculptor Ketut Winata the winner of a design competition for a statue of national hero Muhammad Husni Thamrin.

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Fri, 10 Mar 2000

JP/Police heed threat of arson attacks

Police heed threat of arson attacks PURWOKERTO, Central Java: Police here have stepped up protection around an unlicensed prostitution site near the Baturaden recreation area after numerous threats of arson attacks.Baturaden Police chief Lt.

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Fri, 10 Mar 2000

JP/IBRA set to put 20 firms on the market this year

IBRA set to put 20 firms on the market this year JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has added another 11 smaller companies onto its list of assets to be sold between April and December this year in a bid to help raise some Rp 18.9 trillion (US$2.

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Fri, 10 Mar 2000

JP/More counterfeit money turns up in the capital

More counterfeit money turns up in the capital JAKARTA (JP): Police and airport customs officials have made a number of recent seizures of counterfeit rupiah and U.S. dollar banknotes, raising fears that the capital is becoming a hot spot for the distribution of phony bills.

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Fri, 10 Mar 2000

JP/Primary school teachers 'deserve raises'

Primary school teachers 'deserve raises' YOGYAKARTA (JP): Primary school teachers deserve a salary increase due to the tougher challenges they take on compared to those who teach at high school, an observer said.

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Fri, 10 Mar 2000

JP/Regional autonomy 'needs no rulings'

Regional autonomy 'needs no rulings' JAKARTA (JP): Minister of Law and Legislation Yusril Ihza Mahendra said the government should not issue too many rulings on regional autonomy and instead allow provinces and regencies to take the initiative in handling the affairs.

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Fri, 10 Mar 2000

JP/The pros and cons of the presidential bill

The pros and cons of the presidential bill The issue of who is to take over the country's reins if the president and vice president both become incapacitated has been the subject of controversy over the past few weeks. Political analyst J. Soedjati Djiwandono reflects on the issue.

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