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

Fri, 03 Mar 2000

JP/Legislators hail pay raise for senior officials

Legislators hail pay raise for senior officials JAKARTA (JP): House of Representatives' legislators patted themselves on their backs on Thursday as they endorsed increased salaries for themselves and senior state officials.

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Fri, 03 Mar 2000

JP/Conversion Rates

Conversion RatesBank Indonesia's conversion rates on March 2 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,333.00 7,407.00Australian dollar 1 4,441.60 4,490.

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Fri, 03 Mar 2000

JP/KONI to meet state enterprise's officials

KONI to meet state enterprise's officials JAKARTA (JP): National Sports Council (KONI) secretary general, Rudolf S. Warouw, said on Thursday he would invite director of the state-owned PT Perusahaan Gas Negara, Qoyum A.

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Fri, 03 Mar 2000

JP/Abdullah to lead special Aceh team

Abdullah to lead special Aceh team JAKARTA (JP): President Abdurrahman Wahid disclosed on Thursday his plan to appoint former politician Abdullah Puteh to head a government special team to resolve the Aceh issue.

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Fri, 03 Mar 2000

JP/Damura prize money to be reduced

Damura prize money to be reduced JAKARTA (JP): PT Mutiara Mandala Mahardhika (3M) will reduce the percentage of prize money in its fund raising program called Damura (the People's Fund for Sports) and instead contribute more toward sports development.

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Fri, 03 Mar 2000

JP/BI to name bond market makers next month

BI to name bond market makers next month JAKARTA (JP): Over five foreign and local financial entities have expressed interest in becoming market makers of the government's bonds, according to Bank Indonesia's senior official.Bank Indonesia deputy governor Miranda S.

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Fri, 03 Mar 2000

JP/Actors Unlimited draws Bandung crowds with Fo's 'Anarchist'

Actors Unlimited draws Bandung crowds with Fo's 'Anarchist'By Wawan S. Husin BANDUNG (JP): On Feb. 24 and Feb. 25, Actors Unlimited of Bandung staged Dario Fo's 1970 play Accidental Death of an Anarchist at CCF Bandung.

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Fri, 03 Mar 2000

JP/Inghie Kwik denies selling state assets at PT HTP

Inghie Kwik denies selling state assets at PT HTP JAKARTA (JP): Inghie Kwik, a son of Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie, denied on Thursday being involved in the sale of state assets to Hutchison Port Holdings, as implied by Minister of Investment and ...

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Fri, 03 Mar 2000

JP/President guns for more police personnel

President guns for more police personnel JAKARTA (JP): President Abdurrahman Wahid said on Thursday he would not rest in his efforts to strengthen the National Police to 600,000 officers, three times the current number of personnel.

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Fri, 03 Mar 2000

JP/Apathy main problem as Russia poll looms

Apathy main problem as Russia poll loomsBy Oleg Shchedrov MOSCOW (Reuters): With one month to go to Russia's presidential election, Acting President Vladimir Putin remains the clear front-runner in a race set to shape the country's post- Yeltsin era.

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Fri, 03 Mar 2000

JP/Creditors to decide Comexindo fate soon

Creditors to decide Comexindo fate soon JAKARTA (JP): Foreign and local creditors of PT Tirtamas Comexindo will meet soon to decide the fate of the heavily indebted general trading company.

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Fri, 03 Mar 2000

JP/3-in-1 traffic policy back in gear

3-in-1 traffic policy back in gear JAKARTA (JP): While in search of a suitable system to handle traffic problems during rush hours, Governor Sutiyoso instructed the City Traffic and Land Transportation Agency on Thursday to reenact the temporarily suspended three-in-one policy in the city's ...

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Fri, 03 Mar 2000

JP/World migration tops 120 million, says ILO report

World migration tops 120 million, says ILO report JAKARTA (JP): Far from reducing international migration flows -- by moving products instead of people -- globalization will give rise to increased migration pressures in the years ahead, the International Labour Office (ILO) said in a report ...

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Fri, 03 Mar 2000

JP/Police question PDI's Buttu, Alex as suspects

Police question PDI's Buttu, Alex as suspects JAKARTA (JP): National Police detectives questioned former Indonesian Democratic Party (PDI) secretary-general Buttu R.

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Fri, 03 Mar 2000

JP/Authorities told to halt 'becak' raids

Authorities told to halt 'becak' raids JAKARTA (JP): An executive at the National Commission on Human Rights urged the city administration on Thursday to temporarily halt its operations to clear becak (pedicabs) from the capital and settle the problem through arbitration.

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Fri, 03 Mar 2000

JP/Nabila Florist

Nabila Florist I am deeply disappointed by the service of Nabila Florist. On Feb. 10, 2000, I ordered a floral wreath via facsimile to Canada, where it was still Feb. 9 as Indonesian time is 15 hours ahead.The flowers were to arrive in Canada on Feb. 10 in the afternoon.

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Fri, 03 Mar 2000

JP/Terrorizing phone calls

Terrorizing phone callsFrom Pikiran RakyatFollowing the disappearance a month ago of our daughter Neng Yunengsih (Yuni), who is in grade two at a private school in Bandung, we have received numerous telephone calls from unidentified people about our loss.Yuni disappeared on Jan. 31.

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Fri, 03 Mar 2000

JP/Italy's Nobel laureate Dario Fo: An artist of dignity

Italy's Nobel laureate Dario Fo: An artist of dignity BANDUNG (JP): Italian literature is an old tradition that is rooted in 14th century scholars such as Petrach and Bocaccio.

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Fri, 03 Mar 2000

JP/A futile course

A futile course It has been 10 years now since the sanctions on Iraq were imposed, and as yet, no end is in sight. The latest U.N. attempt to break the impasse was doomed to fail.

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Fri, 03 Mar 2000

JP/CMNP to pay bond interest as scheduled

CMNP to pay bond interest as scheduled JAKARTA (JP): Publicly listed toll road operator PT Citra Marga Nusaphala Persada (CMNP) pledged on Thursday to pay the interest on its U.S. dollar and rupiah-denominated bonds in August as initially scheduled.Newly appointed finance director Ilham W.

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Fri, 03 Mar 2000

JP/Nomination race fails to ignite young voters

Nomination race fails to ignite young votersBy Louise Daly CHICAGO (AFP): This season's seesaw presidential nomination race may not buck the deep-seated apathy among America's young voters, but the votes of those who do turn out could be critical.

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Fri, 03 Mar 2000

JP/Women's lib, at last?

Women's lib, at last? I read with glee, as did my Indonesian wife, the article on page 2 of The Jakarta Post's Wednesday edition entitled "R.I. signs UN protocol on women's rights," specifically the section which stated "to protect the sociocultural rights of women.

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Fri, 03 Mar 2000

JP/Historic chance for RI's military

Historic chance for RI's militaryBy M. D. Nalapat GURGAON, India (JP): Despite the appalling mistake of permitting East Timor to break away just when the rest of the country was on the threshold of democracy, Indonesia is likely to emerge as a major strategic player in Asia, together with ...

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Fri, 03 Mar 2000

JP/Muhammadiyah goes back to basics

Muhammadiyah goes back to basics YOGYAKARTA (JP): The demise of the New Order authoritarian regime has inspired Muhammadiyah, the country's second largest Islamic organization, to replace Pancasila state ideology with Islam in its statute.

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Fri, 03 Mar 2000

JP/Sampoerna adds new machines

Sampoerna adds new machines JAKARTA (JP): Publicly listed cigarette producer PT HM Sampoerna said on Thursday it would add three more twin-wrap machines this year for its A-Mild brand production line.Marketing director Surja S.

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Fri, 03 Mar 2000

JP/Rival drivers brawl over rides

Rival drivers brawl over rides BANDUNG: A melee erupted between Damri intercity bus drivers and drivers of illegal public transportation vehicles on Thursday morning, causing the destruction of at least four vehicles.

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Fri, 03 Mar 2000

JP/Bumi Modern resumes trading

Bumi Modern resumes trading JAKARTA (JP): The Jakarta Stock Exchange (JSX) lifted the suspension of share trading on property firm PT Bumi Modern after the company clarified controversial issues related to its planned rights issue.

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Fri, 03 Mar 2000

JP/Education ministry restarts assistance to needy students

Education ministry restarts assistance to needy students JAKARTA (JP): The Ministry of National Education has decided to continue with need-based scholarships after being appropriated an additional Rp 600 billion (US$80 million) in the newly approved 2000 budget.

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Fri, 03 Mar 2000

JP/OPEC still a force to be reckoned with

OPEC still a force to be reckoned withBy Dan Atkinson LONDON: The Organization of Petroleum Producing Countries (OPEC), once associated with lights going out, queues at the petrol pumps and worldwide inflation, is back.

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Fri, 03 Mar 2000

JP/Police catch illegal loggers

Police catch illegal loggers JAMBI, Jambi: Eleven men were detained and hundreds of logs were seized by police during a raid on illegal loggers at Berbak National Park here on Thursday.Jambi Police chief Col.

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Fri, 03 Mar 2000

JP/Street singer stabs passengers

Street singer stabs passengers JAKARTA (JP): A street singer was detained on Thursday by Central Jakarta Police officers for allegedly injuring two bus passengers in an attempt to get even with them, an officer said.

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Fri, 03 Mar 2000

JP/Gus Dur 'well equipped' to lead Indonesia to democracy

Gus Dur 'well equipped' to lead Indonesia to democracy JAKARTA (JP): President Abdurrahman Wahid, who became president last October, is totally different compared to his predecessors.

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Fri, 03 Mar 2000

JP/On China-Taiwan

On China-Taiwan "...Beijing has now lowered the threshold for a military deployment. Until now violence was only threatened should Taiwan declare independence; now a military attack is threatened if Taipei doesn't enter negotiations over reunification.

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Fri, 03 Mar 2000

JP/No help for maid on death row

No help for maid on death row BANDUNG: The head of the West Java office of Ministry of Manpower said his office was not responsible for a local maid working in the United Arab Emirates who received the death sentence for adultery.Tjepi F.

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Fri, 03 Mar 2000

JP/Probe in works over misuse of state property

Probe in works over misuse of state property TANGERANG (JP): The Tangerang District Prosecutor's Office will investigate the takeover of a 10-hectare state-owned plot of land in Babakan subdistrict, the head of the prosecutor's office, Noor Asikin, said.

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Fri, 03 Mar 2000

JP/Unforgettable hotel

Unforgettable hotel On the night of Feb. 28 at around 11:15 p.m. two female friends and I went to a five-star hotel (GH) on Jl. Thamrin. We wanted to see a band which we had enjoyed before. We got out of the taxi and were about to enter the lobby when we were stopped by a security guard.

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Fri, 03 Mar 2000

JP/TNI to study territorial function

TNI to study territorial function JAKARTA (JP): Army Chief off Staff Gen. Tyasno Sudarto asserted on Thursday the necessity to review the Indonesian Military's (TNI) territorial function, including the much criticized military commands, because of past misuse.

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Fri, 03 Mar 2000

JP/Three men apprehended for gang rape

Three men apprehended for gang rape JAKARTA (JP): South Jakarta Police detectives arrested on Thursday three suspects over the Tuesday gang rape of 20-year-old Ti, a mute and almost deaf girl, about two hours after she filed a report at the police precinct.

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Fri, 03 Mar 2000

JP/DuPont sees good business

DuPont sees good business JAKARTA (JP): Chemical company DuPont said its business in Indonesia had developed very well during the past years with revenues growing by 50 percent during 1999.

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Fri, 03 Mar 2000

JP/2000 budget approved

2000 budget approved The House of Representatives has once again demonstrated that it is no longer the rubber stamp for every government policy as it was for the past 30 years.

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Fri, 03 Mar 2000

JP/Six city officials identified in graft to tune of Rp 14.55b

Six city officials identified in graft to tune of Rp 14.55b JAKARTA (JP): The Jakarta Prosecutor's Office revealed on Thursday that six city officials had been implicated in corrupt practices between 1994 and 1999, costing the city more than Rp 14.55 billion (about US$ 1.9 million) in losses.

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Fri, 03 Mar 2000

JP/Agus vows to do his best as new Kostrad chief

Agus vows to do his best as new Kostrad chief JAKARTA (JP): Newly appointed Army Strategic Reserve Command (Kostrad) chief Maj. Gen. Agus Wirahadikusumah played down critics who questioned his eligibility for the post.

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Fri, 03 Mar 2000

JP/Dengue cases cause concern at hospitals

Dengue cases cause concern at hospitals JAKARTA (JP): Hospital officials warned on Thursday that a severe outbreak of dengue fever could strike the city, with many recently admitted patients in the advanced hemorrhagic stage of the disease.Spokeswoman of St.

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Fri, 03 Mar 2000

JP/Parking in Senen

Parking in SenenFrom Media IndonesiaOn Feb. 24, my friend and I entered the Atrium Senen parking lot around 6 p.m. I parked my black Honda Grand Impressa motorcycle with license plate number B 5860 KR. I was rushing to dusk prayer, but I did not forget to lock the handlebars.

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Fri, 03 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, 03 Mar 2000

JP/Alleged big-time thief arrested

Alleged big-time thief arrested BOGOR (JP): Cileungsi Police have arrested an alleged long- time thief named Rohman, alias Gobang, 32, who has been on their wanted list since September last year.Bogor Police chief Lt. Col. Ade Husen and Cileungsi Police chief First Lt.

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Fri, 03 Mar 2000

JP/Mt. Carmel resounds with 'Indonesia Raya'

Mt. Carmel resounds with 'Indonesia Raya'Text and photos by Oei Eng Goan HAIFA, Israel (JP): Despite the absence of diplomatic ties between the two countries, some Indonesian culture, including the national anthem and a number of folk songs, seem to be quite popular in Israel.

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Fri, 03 Mar 2000

JP/Pick of the Flicks (for Friday, March 3, 2000)

Pick of the Flicks (for Friday, March 3, 2000)Hollywood KC Three Kings 14:15 16:55 19:05 21:15 Life is Beautiful 14:55 17:35 19:45 21:55 Anywhere But Here 14:15 16:55 19:05 21:15 Enemy of My Enemy 14:55 17:35 19:45 ...

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Fri, 03 Mar 2000

JP/Motorola joins Expo 2000

Motorola joins Expo 2000 JAKARTA (JP): The U.S.-based mobile telecommunications company PT Motorola Indonesia is showing off an array of new technology and products at the Indonesian Expo 2000 currently being held at the Jakarta Fair Ground in Kemayoran, Central Jakarta.

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Fri, 03 Mar 2000

JP/Defendant rearrested for alleged drug smuggling

Defendant rearrested for alleged drug smuggling JAKARTA (JP): Robbery defendant Reza Firmansyah was arrested late on Wednesday for the second time for an alleged attempt to smuggle approximately one ounce of marijuana into the Central Jakarta District Court compound.

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Fri, 03 Mar 2000

JP/Car theft suspect nabbed

Car theft suspect nabbed TANGERANG (JP): Tangerang Police detectives have arrested the suspected leader of a notorious car theft syndicate that has been operating in the country's main cities.

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Fri, 03 Mar 2000

JP/Irresponsible bus company

Irresponsible bus companyFrom Bisnis IndonesiaMy wife, our three children and I survived an accident on Jan. 12 in which a Muncul bus traveling in the direction of Solo crashed into a truck. Seventeen people died in the crash in Subang, Indramayu, West Java.We are lucky; we escaped death.

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Fri, 03 Mar 2000

JP/Budget fails to win over economists

Budget fails to win over economists JAKARTA (JP): Economists expressed concern over the country's April-December 2000 state budget, which was approved by the House of Representatives on Thursday, especially in view of the large spending on fuel subsidy and an over-optimistic revenue target.

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Fri, 03 Mar 2000

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on March 2, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo ...

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Fri, 03 Mar 2000

JP/Strike continues at Bali hotel

Strike continues at Bali hotel NUSA DUA, Bali (JP): Hundreds of employees of Melia Bali Hotel continued their strike for the second day on Thursday, demanding the dismissal of four hotel executives whom they accuse of mistreating the staff.

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Fri, 03 Mar 2000

JP/Tourism expo opens in Bali

Tourism expo opens in Bali JAKARTA (JP): Some 200 local and overseas companies are participating in the second Food, Hotel and Tourism exhibition that opened in Nusa Dua, Bali, on Thursday.The exhibition was officially opened by State Minister of Tourism and Arts Djailani Hidayat.

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Fri, 03 Mar 2000

JP/Indonesian men's singles players exit from Futures

Indonesian men's singles players exit from Futures JAKARTA (JP): Indonesia's mens singles players failed in the second round of the US$15,000 Indonesia F2 Futures at the Kemayoran tennis center, Central Jakarta, on Thursday.

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