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

Thu, 13 Apr 2000

JP/Official apology is wrong

Official apology is wrong First of all, I would like to extend my apologies to the readers of The Jakarta Post and Chichi Marti for my emotionally laden reply of April 1.

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Thu, 13 Apr 2000

JP/Commercial Court asked to cancel Fiskaragung's agreement

Commercial Court asked to cancel Fiskaragung's agreement JAKARTA (JP): Court receiver of the now insolvent PT Fiskaragung Perkasa is asking the Commercial Court to cancel the US$3 million loan agreement between the salt producer and its Hong Kong creditor, Catnera International Ltd.

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Thu, 13 Apr 2000

JP/New Internet tie-up formed

New Internet tie-up formed JAKARTA (JP): E-business consulting company PT Metamedia Interaktif formed a partnership on Wednesday with Internet application provider Vignette Corp. of Texas and Singapore-based BROKAT Asia Pte. Ltd., a supplier of secure solutions for on-line transactions.

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Thu, 13 Apr 2000

JP/Severed hand stolen out of morgue: Police

Severed hand stolen out of morgue: Police JAKARTA (JP): South Jakarta police detectives will question several morgue and forensic staff members of the Cipto Mangunkusumo General Hospital over a severed hand which was sent on Monday to a woman in Setiabudi subdistrict, South Jakarta.

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Thu, 13 Apr 2000

JP/Putting a maritime nation in perspective

Putting a maritime nation in perspective The idea of reestablishing Indonesia as a maritime nation, put forward by President Abdurrahman Wahid, is not easy to fathom amid the struggle to free the country from the economic crisis.

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Thu, 13 Apr 2000

JP/Defending champion CLS too powerful for Aspac

Defending champion CLS too powerful for Aspac JAKARTA (JP): Defending champion Cahaya Lestari Surabaya (CLS) proved its quality by cruising into the final of the Megawati Soekarnoputri Cup women's basketball tournament at Senayan basketball stadium here.

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Thu, 13 Apr 2000

JP/Indonesia 'lags behind' in curbing lead use

Indonesia 'lags behind' in curbing lead use JAKARTA (JP): While many countries had successfully ended the use of lead in gasoline, Indonesia was still home to a large amount of the hazardous substance, an environmental observer said on Wednesday.Washington D.C.

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Thu, 13 Apr 2000

JP/'ANteve' channel missing in Jakarta

'ANteve' channel missing in Jakarta JAKARTA (JP): Audiences of the private ANteve television station in the capital got a blank screen on their televisions during all of Wednesday.An executive at the station said that one of its transmission devices broke down.

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Thu, 13 Apr 2000

JP/Soeharto banned from travel

Soeharto banned from travel JAKARTA (JP): The Attorney General's Office announced on Wednesday that former president Soeharto is barred from leaving the country while the investigation into his alleged corruption case is being conducted.

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Thu, 13 Apr 2000

JP/Sutiyoso briefs diplomats

Sutiyoso briefs diplomats JAKARTA (JP): In an effort to boost foreign investment in the capital, Governor Sutiyoso told 24 new Indonesian diplomats on Wednesday to help cultivate a positive image of Jakarta among the international community.

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Thu, 13 Apr 2000

JP/Cirata dam polluted

Cirata dam polluted BANDUNG: The pollution of the Cirata dam water has reached alarming levels, with its acidity rate measured far below normal, an official said on Wednesday.Budiman A.

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Thu, 13 Apr 2000

JP/Pardon sought from rights abuse victims

Pardon sought from rights abuse victims JAKARTA (JP): Although their plight has been difficult, victims of human rights abuses have been asked to forgive and forget and to encourage a more just and fairer government system, religious figures said on Wednesday.

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Thu, 13 Apr 2000

JP/Sakato shows the fine art of West Sumatran culture

Sakato shows the fine art of West Sumatran cultureBy Amir Sidharta JAKARTA (JP): The works that appear in the exhibition of West Sumatran fine art at Hotel Ciputra, West Jakarta, do not seem to show the influence of previous generations of West Sumatran artists such as Wakidi, H.A. Ramli Dt.

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Thu, 13 Apr 2000

JP/S'pore, Japan to lobby IMF on tax incentives

S'pore, Japan to lobby IMF on tax incentives JAKARTA (JP): Singapore and Japan have promised to help Indonesia lobby the International Monetary Fund (IMF) to maintain tax incentives in the industrial bonded zones of Batam, Bintan and Karimun islands.

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Thu, 13 Apr 2000

JP/Febi, Hendri hope to reach top 300 next year

Febi, Hendri hope to reach top 300 next year JAKARTA (JP): Indonesian men's tennis players Febi Widhiyanto and Hendri Susilo Pramono are expected to improve their ATP rankings and reach the top 300 next year.

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Thu, 13 Apr 2000

JP/Teachers wait for government response

Teachers wait for government response TANGERANG (JP): Learning activities at state schools in Balaraja district resumed as normal again on Wednesday after 200 local teachers -- who had gone on strike at the House of Representatives the previous day -- went back to the class.

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Thu, 13 Apr 2000

JP/Expecting a new paradigm for a maritime nation

Expecting a new paradigm for a maritime nationBy I. Christianto JAKARTA (JP): The recent establishment of the Indonesian Maritime Council by President Abdurrahman Wahid has rebounded hopes of exploring, protecting and restoring vital ocean resources, but a new paradigm is necessary to achieve the ...

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Thu, 13 Apr 2000

JP/Team established to supervise fuel sale

Team established to supervise fuel sale MAKASSAR, South Sulawesi (JP): The South Sulawesi legislature set up on Wednesday a joint team to supervise the distribution of fuel in the province in response to illegal sales of blended gasoline, kerosene and diesel.

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Thu, 13 Apr 2000

JP/Assembly to reprimand, impeach Gus Dur

Assembly to reprimand, impeach Gus Dur JAKARTA (JP): The People's Consultative Assembly (MPR) will reprimand President Abdurrahman Wahid for his shortcomings but it has no plan to initiate an impeachment process at this stage, House Speaker Akbar Tandjung said on Wednesday.

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Thu, 13 Apr 2000

JP/Benefits gained in Indonesia

Benefits gained in Indonesia I have been fortunate to have worked in Indonesia on various industrial-related projects since 1973, following in the footsteps of my late father who came out here in the early 1960s to assist in the country's industrial development.

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Thu, 13 Apr 2000

JP/BI forecasts up to 5% GDP growth in second quarter

BI forecasts up to 5% GDP growth in second quarter JAKARTA (JP): Bank Indonesia predicted on Wednesday economic growth between 4 percent and 5 percent in the second quarter compared to the same period last year.

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Thu, 13 Apr 2000

JP/Challenges ahead in becoming a maritime nation

Challenges ahead in becoming a maritime nation Making the most of resources and ensuring their equal distribution and sustainability are among the challenges faced by the Ministry of Maritime Exploration, led by Sarwono Kusumaatmadja.

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Thu, 13 Apr 2000

JP/Native speaker teachers

Native speaker teachers It's been two years since the economy crunched our wages. Based on the dollar, previously we were earning two times more than we are now; it was generally been on a par with other countries.

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Thu, 13 Apr 2000

JP/The plight of Indonesia's teachers

The plight of Indonesia's teachers With the scare of a mass strike of public transportation workers still fresh in their minds, Jakartans -- and Indonesians elsewhere across the archipelago as well -- must now face the prospect of the disruption of their children's education due to a nationwide ...

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Thu, 13 Apr 2000

JP/Police ban training activities for jihad volunteers

Police ban training activities for jihad volunteers JAKARTA (JP): The National Police prohibited a Muslim organization on Wednesday from training volunteers to take part in a holy war in Maluku.National Police chief Lt. Gen.

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Thu, 13 Apr 2000

JP/Newmont's case hurts Indonesia's image

Newmont's case hurts Indonesia's image JAKARTA (JP): Recent disputes involving foreign investors, including the conflict between gold mining company PT Newmont Minahasa Raya and local authorities in North Sulawesi, have tarnished the country's investment image, a minister said on Wednesday.

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Thu, 13 Apr 2000

JP/Yahya promise fails to impress teachers

Yahya promise fails to impress teachers JAKARTA (JP): Teachers on the government payroll continued with their protests in Jakarta on Wednesday in spite of a promise by Minister of National Education Yahya Muhaimin to fight on their behalf and to try and double their salaries.

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Thu, 13 Apr 2000

JP/Massive brain drain is looming

Massive brain drain is loomingBy Santo Koesoebjono WASSENAAR, the Netherlands (JP): The imbalance between demand for and the limited supply of qualified people compels governments and corporations in industrialized countries to import ready-made skills.

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Thu, 13 Apr 2000

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 12, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo ...

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Thu, 13 Apr 2000

JP/Conversion Rates

Conversion RatesBank Indonesia's conversion rates on April 12, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,602.00 7,678.00Australian dollar 1 4,534.

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Thu, 13 Apr 2000

JP/Suspects arrive for Aceh human rights abuse trial

Suspects arrive for Aceh human rights abuse trial BANDA ACEH, Aceh (JP): A total of 25 suspects of the Bantaqiah killing arrived here on Wednesday for the joint military-civilian trial scheduled to begin on Monday.

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Thu, 13 Apr 2000

JP/City Council fails to set new bus fares

City Council fails to set new bus fares JAKARTA (JP): A city council leadership meeting on Wednesday remained unable to set new fares for buses operating in the city.

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Thu, 13 Apr 2000

JP/Land tax arrears reach Rp 2 billion

Land tax arrears reach Rp 2 billion SEMARANG: At least 52,000 tax payers here have not paid the Tax of Land and Building since 1997, costing the local government Rp 2 billion in losses, an official said Wednesday.

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Thu, 13 Apr 2000

JP/Communism protected by Constitution: Gus Dur

Communism protected by Constitution: Gus Dur HAVANA, Cuba (JP): President Abdurrahman Wahid reiterated on Tuesday his call for the lifting of the ban on communism in Indonesia, saying the ideology "is protected" by the 1945 Constitution.

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Thu, 13 Apr 2000

JP/TMII to celebrate silver jubilee amidst crisis

TMII to celebrate silver jubilee amidst crisis JAKARTA (JP): Taman Mini Indonesia Indah, enduring financial difficulties like many entertainment parks during this period of hardship, will celebrate its silver jubilee by staging 77 events, mostly of traditional art forms, in a week-long fiesta ...

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Thu, 13 Apr 2000

JP/Astaga!com plans listing on Nasdaq

Astaga!com plans listing on Nasdaq JAKARTA (JP): Local Internet company Indonesia Online said on Wednesday its news portal Astaga!com would launch its initial public offering (IPO) later this year to raise fresh funds to boost its portal operation.

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Thu, 13 Apr 2000

JP/Where to go in Bali:

Where to go in Bali:Exhibition * Painting Exhibition by Ni Made Suciarmi, Seniwati Showspace, Jl Raya Ubud, until April 28.Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m.

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Thu, 13 Apr 2000

JP/Smoking at the airport

Smoking at the airport I have just completed an extended business trip which brought me to some 12 major cities throughout Europe, South East Asia and North America.

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Thu, 13 Apr 2000

JP/Art ventures into the mainstream in urban Bali

Art ventures into the mainstream in urban BaliBy Degung Santikarma DENPASAR, Bali (JP): The famous saying that in Bali everyone is an artist may no longer be true.

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Thu, 13 Apr 2000

JP/Mother in desperate need of money to cure son

Mother in desperate need of money to cure son JAKARTA (JP): Central Jakarta Police detectives picked up a woman following a report from a local security officer who said she was wandering the street and appeared to be in great anguish.Second Lt. Siswanto said the police picked up the woman on Jl.

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Thu, 13 Apr 2000

JP/Broadcast deal for soccer league signed

Broadcast deal for soccer league signed JAKARTA (JP): Soccer fans will be able to watch live coverage of Bank Mandiri national soccer league matches on April 20 on the state-owned TVRI television network and privately run RCTI television station.

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Thu, 13 Apr 2000

JP/Manulife donates insurance policies

Manulife donates insurance policies JAKARTA (JP): PT Asuransi Jiwa Manulife Indonesia handed over life and accidental insurance policies worth Rp 20 billion (US$2.63 million) for national athletes and coaches to compete in the Olympic Games in Sydney in September.

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Thu, 13 Apr 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: Deuce Bigalow 14:15 16:55 19:05 21:15 Boys Don't Cry 14:55 17:35 19:45 21:55 Very Bad Things 14:15 16:55 19:05 21:15 Stir Of Echoes 14:55 17:35 19:45 21:55 The Insider ...

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Thu, 13 Apr 2000

JP/Time-share firms protest closure

Time-share firms protest closure DENPASAR, Bali: Hundreds of employees at three time-share companies marched on City Hall Tuesday to protest the local government's decision to close down the firms.

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Thu, 13 Apr 2000

JP/Wary investors tell government to clear up autonomy uncertainty

Wary investors tell government to clear up autonomy uncertainty JAKARTA (JP): Inadequate preparations for decentralization of political and economic power combined with the slow pace of debt restructuring and asset sales are hindering new investment and economic recovery, businesspeople, analysts ...

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Thu, 13 Apr 2000

JP/Gross acts?

Gross acts? In spite of good education, exposure to various places, with conscious knowledge of what is good and what is bad, what is ethical and not ethical, most people indulge in small gross acts which cannot be called crimes or deadly sins.A teacher takes some chalk or a marker home.

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Thu, 13 Apr 2000

JP/Zarina's accomplice gets jail term

Zarina's accomplice gets jail term JAKARTA (JP): The West Jakarta District Court sentenced on Wednesday Ahian Santoso, alias Yeye, an acquaintance of drug suspect Zarina Mirafsur, to two years and six months in jail for possession of psychotropic substances.

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Thu, 13 Apr 2000

JP/Whole lot of kissing going on in Balinese ritual

Whole lot of kissing going on in Balinese ritualBy I Wayan Juniarta DENPASAR, Bali (JP): Dozens of young men and women passionately hugged and kissed in front of hundreds of onlookers along Jl. Sesetan in Denpasar last week.

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Thu, 13 Apr 2000

JP/TV today

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

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Thu, 13 Apr 2000

JP/China hails bilateral ties with Indonesia

China hails bilateral ties with Indonesia JAKARTA (JP): Chinese President Jiang Zemin and Prime Minister Zhu Rongji congratulated President Abdurrahman Wahid on Wednesday for long-standing bilateral diplomatic relations which have survived ups and downs.

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Thu, 13 Apr 2000

JP/CEN gets ISO 9002

CEN gets ISO 9002 JAKARTA (JP): Freight forwarding and courier service company PT Cardig Express Nusantara (CEN) announced on Wednesday it received ISO 9002 certification from PT Sucofindo.

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Thu, 13 Apr 2000

JP/Sports bodies need new concepts to lure sponsors

Sports bodies need new concepts to lure sponsors JAKARTA (JP): Due to the difficult situation arising from the inability of the government to provide funds for sports development, sports organizations are having to raise money by soliciting sponsorships.

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