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

Wed, 30 Aug 2000

JP/C. Java shuttlers for world meet

C. Java shuttlers for world meet SEMARANG (JP): The Badminton Association of Indonesia (PBSI) has selected five young Central Java shuttlers to join the national training center for the World Badminton Junior Championships in Beijing in November.

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Wed, 30 Aug 2000

JP/ASEAN needs East Asian regionalism

ASEAN needs East Asian regionalismBy Eric Teo SINGAPORE (JP): The Association of Southeast Asian Nations is clearly at a crossroads. Its foreign ministers met in Bangkok at the end of July for its 33rd annual meeting.

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Wed, 30 Aug 2000

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 5454333): - Indigo Restaurant & Bar: Music You Can Talk To, live show at 7 p.m. to 10 p.m. Jazz Music on Wednesday, 7:30 p.m. to 10 p.m.* The Westin Surabaya, Jl.

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Wed, 30 Aug 2000

JP/Police to summon four 'missing' agrarian activists

Police to summon four 'missing' agrarian activists JAKARTA (JP): City Police will soon summon for questioning four activists in a bid to learn the truth about their whereabouts since the Annual Session of the People's Consultative Assembly (MPR), an officer said on Tuesday.

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Wed, 30 Aug 2000

JP/Astra books 121% surge in net revenue

Astra books 121% surge in net revenue JAKARTA (JP): Publicly listed automotive conglomerate PT Astra International announced on Tuesday its first-half net revenue jumped 121 percent to Rp 12.9 trillion (US$1.55 billion) from Rp 5.84 trillion in the same period last year.

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Wed, 30 Aug 2000

JP/Rumanian Embassy joins in event

Rumanian Embassy joins in event I have the pleasure to inform you that the Embassy of Rumania in Jakarta was represented at the event held on Aug. 27, 2000, in Taman Suropati by Mr. Getoniu Stere, second secretary, and his family.

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Wed, 30 Aug 2000

JP/KL police meet RI counterparts

KL police meet RI counterparts YOGYAKARTA (JP): A one-day meeting between Indonesian National Police commanders and their counterparts from Malaysia was held at the Yogyakarta Garuda Natour Hotel on Tuesday.

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Wed, 30 Aug 2000

JP/Soeharto ready to face trial, his lawyer says

Soeharto ready to face trial, his lawyer says JAKARTA (JP): "Soeharto is eager to attend," Juan Felix Tampubolon, one of president Soeharto's defense lawyers, said on Tuesday to end speculation over the former ruler's presence at the initial hearing on Thursday.

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Wed, 30 Aug 2000

JP/PT General Motors Indonesia launches second CBU model

PT General Motors Indonesia launches second CBU model JAKARTA (JP): PT General Motors Indonesia (GMI) launched the 1,800cc multipurpose vehicle (MPV) Chevrolet Zafira on Tuesday to cash in on Indonesia's rapidly growing market for completely built-up (CBU) cars.Zafira, priced at Rp 207.

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Wed, 30 Aug 2000

JP/IBRA pays Rp 25.84t in guarantee fund

IBRA pays Rp 25.84t in guarantee fund JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has paid out some Rp 25.84 trillion (US$3.11 billion) since the government's guarantee scheme for the obligations of commercial banks began in early 1998.

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Wed, 30 Aug 2000

JP/Damaged track disrupts trains

Damaged track disrupts trains BANDUNG: Damage to a railway track stretching between Padalarang and Purwakarta, West Java, disrupted trains on Tuesday.The Parahyangan and Argogede trains serving Bandung-Jakarta were among the trains affected by the railway track damage on Tuesday.

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Wed, 30 Aug 2000

JP/Government told to sell assets quickly

Government told to sell assets quickly JAKARTA (JP): International economists urged the Indonesian government to accelerate sales of assets to speed up the pace of recovery and strongly warned against resorting to any form of exchange control as a quick fixer to stabilize the rupiah's exchange ...

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Wed, 30 Aug 2000

JP/Government studying plans to open free trade zones

Government studying plans to open free trade zones BANDUNG (JP): The Ministry of Industry and Trade is studying the possibility of establishing free trade zones in Sabang, Dumai, Batam, Bintan, Karimun, Natuna, Bitung, Morotai and Biak.Minister Luhut P.

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Wed, 30 Aug 2000

JP/Abdurrahman brushes aside extramarital affair charge

Abdurrahman brushes aside extramarital affair charge JAKARTA (JP): President Abdurrahman Wahid, when asked by journalists on Tuesday, brushed aside questions about news reports claiming he had an extramarital affair.He neither confirming nor denied the report.

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Wed, 30 Aug 2000

JP/TV today

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

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Wed, 30 Aug 2000

JP/New chief economy minister to directly rule state firms

New chief economy minister to directly rule state firms JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Tuesday his office would be directly in charge of the country's 155 state enterprises.

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Wed, 30 Aug 2000

JP/Reckless drivers be warned

Reckless drivers be warned On Aug. 23, my husband and I were driving on Jl. Wijaya in the evening rush hour. We were heading home from work and traveling in the left-hand lane heading south, with nobody beside us on the right. We were stationary, being held up by traffic lights.

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Wed, 30 Aug 2000

JP/Drug smugglers 'deserve death'

Drug smugglers 'deserve death' TANGERANG (JP): Tangerang Mayor HM Thamrin expressed his support on Tuesday for stiff sentences imposed on drug smugglers by the local court."Drug smugglers deserve the heaviest punishment. They cause the decay of the moral fiber of the younger generation ...

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Wed, 30 Aug 2000

JP/Heavy punishment for rape defendants urged

Heavy punishment for rape defendants urged TANGERANG (JP): Dozens of activists from the Sexual Crimes Handling Network rallied at the district court here on Tuesday, demanding the court hand down heavy punishment to two Pakistanis charged with raping a local pregnant woman.

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Wed, 30 Aug 2000

JP/The use of contact lenses, not just for beauty

The use of contact lenses, not just for beauty This interactive health column is jointly run by The Jakarta Post and Singapore-based Parkway Group Healthcare. Readers are encouraged to ask questions through features@thejakartapost.com or direct to Parkway's san-san@gleneagles.com.sg.

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Wed, 30 Aug 2000

JP/Exercise, an effective and safe way of losing weight

Exercise, an effective and safe way of losing weightBy Clare E. Urwin This is the third of four articles on the best way of losing weight.

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Wed, 30 Aug 2000

JP/No decision on Aceh humanitarian pause

No decision on Aceh humanitarian pause JAKARTA (JP): The government said on Tuesday they had not decided whether to extend the humanitarian pause in Aceh, accusing Free Aceh Movement (GAM) separatists of having abused the three-month accord.

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Wed, 30 Aug 2000

JP/Man burned for borrowing motorbike

Man burned for borrowing motorbike CILACAP, Central Java: A 25-year-old man was burned to death for being late in returning a motorbike he borrowed from a friend in Cilacap on Monday.Cilacap Police chief Supt.

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Wed, 30 Aug 2000

JP/Wrong verdict

Wrong verdict When is a thief not a thief? When he returns the loot after being caught. That seems to be the message Judge Soedarto of the South Jakarta District Court sent by clearing businessman Djoko Tjandra of all criminal charges in the high-profile Bank Bali scandal on Monday.

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Wed, 30 Aug 2000

JP/Councillors accused of receiving Rp 16b bribe

Councillors accused of receiving Rp 16b bribe JAKARTA (JP): Some 50 activists from the Communication Forum for Relatives of the 124 victims of the July 27, 1996 incident staged a protest at the City Council on Tuesday.

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Wed, 30 Aug 2000

JP/Viva Mexico at the Regent, a colorful cultural fiesta

Viva Mexico at the Regent, a colorful cultural fiestaBy Grace Segran JAKARTA (JP): It is a colorful fiesta at the Regent Hotel. The mariachi serenades guests in the lobby. The 40-strong cultural troupe from Aguascalientes dances the legendary salsa.

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Wed, 30 Aug 2000

JP/Susilo pledges to tackle conflicts in restive areas

Susilo pledges to tackle conflicts in restive areas JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Lt. Gen. (ret) Susilo Bambang Yudhoyono said one of his top priorities would be to help resolve problems in the strife-torn provinces of Aceh, Maluku and Irian Jaya.

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Wed, 30 Aug 2000

JP/VCD vendors make killing with local skin-flick

VCD vendors make killing with local skin-flick JAKARTA (JP): A pornographic video compact disc (VCD) featuring young Indonesians is a fast selling item in the vicinity of the Glodok Harco electronics shopping complex in West Jakarta.

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Wed, 30 Aug 2000

JP/When do kids need food supplements?

When do kids need food supplements? Dear Dr. Donya,1. Up to what age should a normal child be given vitamin supplements? My elder daughter, 5, eats properly but I am not sure she gets enough vitamins.2.

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Wed, 30 Aug 2000

JP/Queen's a regal force for Indian cuisine

Queen's a regal force for Indian cuisine JAKARTA (JP): Queen's was a mainstay of Indian cuisine when restaurants offering dishes from the subcontinent were few and far between in Jakarta.That was in the early 1990s, when the restaurant occupied a tall, narrow building on Jl.

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Wed, 30 Aug 2000

JP/Property sector reflects problems in Surabaya

Property sector reflects problems in Surabaya SURABAYA: While developed countries are moving forward, Indonesia is stepping backward, due to too much arguing over insignificant things, said an expert on city planning.

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Wed, 30 Aug 2000

JP/Kondo equals record, Irene fails in sprint

Kondo equals record, Irene fails in sprint JAKARTA (JP): Japan lived up to its status as one of the continent's athletics' powerhouses when it scooped two gold medals on the second day of the 13th Asian Track and Field Championships at the Senayan Madya Stadium on Tuesday.

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Wed, 30 Aug 2000

JP/Making efforts to boost North Sulawesi tourist sector

Making efforts to boost North Sulawesi tourist sectorBy Harry Bhaskara MANADO, North Sulawesi (JP): Even though this province first appeared on the international tourism map in the 1970s much of its potential remains untapped.

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Wed, 30 Aug 2000

JP/Eight major issues seen influencing rupiah rate

Eight major issues seen influencing rupiah rate JAKARTA (JP): The chief executive officer of Standard Chartered Bank in Indonesia, Raymond Ferguson, said here on Tuesday the country would have to live with a volatile rupiah at least for the short term.

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Wed, 30 Aug 2000

JP/KL outing for table tennis players

KL outing for table tennis players JAKARTA (JP): Eight table tennis players will measure their skills in the Southeast Asia (SEA) Table Tennis Association Championships in Kuala Lumpur from Sept. 6 to Sept. 9.

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Wed, 30 Aug 2000

JP/New Cabinet more secure now

New Cabinet more secure now With the Vice President now assigned to technical details of governance, allegations involving the President will not likely affect the new Cabinet, says Arbi Sanit, a political science lecturer at the University of Indonesia.

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Wed, 30 Aug 2000

JP/Kondo aims high in pole vaulting event

Kondo aims high in pole vaulting event JAKARTA (JP): To continually reach the height of competitions is the unproved ambition of women's pole vaulter Takayo Kondo of Japan.

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Wed, 30 Aug 2000

JP/'Export' of female workers to continue

'Export' of female workers to continue JAKARTA (JP): Newly-appointed manpower and transmigration minister Al-Hilal Hamdi dismissed protests over the sending of female workers overseas, saying that labor exports were essential in helping to reduce the alarming level of unemployment here.

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Wed, 30 Aug 2000

JP/Luwu riot instigators being hunted

Luwu riot instigators being hunted MAKASSAR, South Sulawesi (JP): Police started on Tuesday to hunt the instigator of the Luwu riot after arresting 22 people for their involvement in the mayhem.Parepare Police chief Sr. Supt.

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Wed, 30 Aug 2000

JP/Sofyan to create new forum to replace DPUN

Sofyan to create new forum to replace DPUN BANDUNG (JP): Sofyan Wanandi, renowned businessman and former chairman of the now defunct National Business Development Council (DPUN), said here on Tuesday he would create a new forum to fulfill DPUN's unfinished programs and obligations.

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Wed, 30 Aug 2000

JP/Government pledges to revitalize ailing tourism sector

Government pledges to revitalize ailing tourism sector JAKARTA (JP): Minister of Culture and Tourism I Gede Ardika said on Tuesday that he would form a cooperation forum to help revitalize the country's ailing tourism sector.

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Wed, 30 Aug 2000

JP/How to take control over tasty food temptations?

How to take control over tasty food temptations? Hello Clare,I try to watch my diet (the key word here is try) and exercise daily at the fitness center where I live, but with so many food temptations around, my weight remains constant.

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Wed, 30 Aug 2000

JP/Small, medium-scale firms doing well: Economists

Small, medium-scale firms doing well: Economists JAKARTA (JP): International economists shared their view here on Tuesday that small and medium-size enterprises (SMEs) have played a central role in Indonesia's nascent economic recovery.

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Wed, 30 Aug 2000

JP/Government to review plan to hike fuel prices

Government to review plan to hike fuel prices JAKARTA (JP): The government said on Tuesday it would review its plan to hike fuel prices by an average 12 percent as of October this year, due to an expected windfall of Rp 11 trillion (US$1.3 billion) from oil exports.

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Wed, 30 Aug 2000

JP/East Timor suspects to be named within two days

East Timor suspects to be named within two days JAKARTA (JP): The Attorney General Marzuki Darusman admitted that President Abdurrahman Wahid had recommended naming some two- star generals as suspects in the East Timor human rights violation case.

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Wed, 30 Aug 2000

JP/Unconcerned leaders

Unconcerned leaders After about two weeks of mystery, four missing activists have returned home safely. So far, there is no confirmation from the authorities on whether they were kidnapped or whether they simply disappeared without letting anyone know of their whereabouts.Both are not my concern.

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Wed, 30 Aug 2000

JP/Indonesia confident of second victory

Indonesia confident of second victory JAKARTA (JP): A winning start on Monday has given host Indonesia a precious boost ahead of its second match in the Independence Cup soccer tournament against Chinese Taipei on Wednesday.

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Wed, 30 Aug 2000

JP/Social agency proposes reallocation of iddle funds

Social agency proposes reallocation of iddle funds JAKARTA (JP): The City Social Agency is proposing using the currently idle Rp 1.6 billion (US$188,235) fund in the city budget to improve social services.

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Wed, 30 Aug 2000

JP/Pick of the Flicks

Pick of the FlicksHollywood KC: The Patriot 14:15 17:20 20:25 X-Men 14:55 17:35 19:45 21:55 Gladiator 14:15 17:15 20:25 Passion of Mind 14:55 17:35 19:45 21:55 The Perfect Storm 14:15 ...

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Wed, 30 Aug 2000

JP/Strong earthquake jolts Maluku islands

Strong earthquake jolts Maluku islands AMBON, Maluku (JP): A strong tremor measuring 6.4 on the Richter Scale jolted the Maluku islands in the early hours of Tuesday, causing panic among residents.The earthquake, which hit at 12:05 a.m.

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Wed, 30 Aug 2000

JP/Union settles dispute with foreign tap water companies

Union settles dispute with foreign tap water companies JAKARTA (JP): Members of city-owned tap water company PD PAM Jaya's workers union have decided provisionally to accept PAM Jaya's two foreign partners.

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Wed, 30 Aug 2000

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 29, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo ...

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Wed, 30 Aug 2000

JP/House to probe president over Bulog-gate scandal

House to probe president over Bulog-gate scandal JAKARTA (JP): Legislators expect an inquiry into the Bulog- gate and Brunei-gate scandals, which could be linked to President Abdurrahman Wahid, to be completed within two months.

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Wed, 30 Aug 2000

JP/Yogyakarta cultural show in Jakarta

Yogyakarta cultural show in Jakarta JAKARTA (JP): Yogyakarta Governor Sultan Hamengkubuwono X, who is also the ruler of the sultanate, is slated to open a two-day arts and cultural show to commemorate the 253rd anniversary of Yogyakarta.

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