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

Tue, 11 Dec 2001

JP/Defense bill passed into law

Defense bill passed into law JAKARTA: The House of Representatives (DPR) passed a bill mandating the creation of a council to help the President develop a policy on national defense into law Monday.

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Tue, 11 Dec 2001

JP/Wood looters' wives go naked

Wood looters' wives go naked Muna, Southeast Sulawesi: Teakwood thieves here have perfected a revealing way to humble forest rangers -- by exploiting their embarrassment of naked women while they exploit the environment.

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Tue, 11 Dec 2001

JP/JP/FESTIVE

JP/FESTIVEBali Offering joyous festivities for old and young OR Celebrate your holiday in style on the Island of the GodsORCelebrate your holiday in style in BaliRita A.

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Tue, 11 Dec 2001

JP/Pertamina will lose dominance in next two years

Pertamina will lose dominance in next two years What will happen to Pertamina after the introduction of the new oil and gas law remains uncertain, although the state oil and gas company says it is ready to compete in a free market.

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Tue, 11 Dec 2001

JP/Controversial police bill endorsed without change

Controversial police bill endorsed without changeThe Jakarta Post, Jakarta The House of Representatives approved on Monday the controversial National Police bill, which critics claimed was overly militaristic and was possibly open to abuse by the president's office.

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Tue, 11 Dec 2001

JP/Where to go in Bandung:

Where to go in Bandung:Film* French Film, CCF - French Cultural Center, Jl. Purnawarman 32 (Tel. ...

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Tue, 11 Dec 2001

JP/11 killed in West Java bus accident

11 killed in West Java bus accidentNana Rukmana and Yuli Tri Suwarni, The Jakarta Post, Subang/Bandung Eleven people were killed and at least 20 others were seriously injured after a speeding intercity bus, traveling from Jakarta to Semarang and full of holiday travelers, hit a truck in ...

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Tue, 11 Dec 2001

JP/DPR has done little to eradicate KKN: Mega

DPR has done little to eradicate KKN: MegaFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri has expressed concern over the lack of support from the House of Representatives for her efforts to eradicate corruption, collusion and nepotism in the country.

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Tue, 11 Dec 2001

JP/Illegal tin mining hits Timah's finances

Illegal tin mining hits Timah's financesThe Jakarta Post, Jakarta Widespread illegal tin mining in Bangka island has caused state-owned tin miner PT Timah to suffer a potential loss of up to US$ 26 million in the second half of this year.

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Tue, 11 Dec 2001

JP/House supports calls for pre-shipment inspection system on imports

House supports calls for pre-shipment inspection system on importsAdianto P.Simamora, The Jakarta Post, Jakarta Responding to reports of rampant smuggling and under-voicing of imports, the House of Representatives has asked the government to award imports inspection to state-owned surveyor firm ...

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Tue, 11 Dec 2001

JP/House presses forward with Akbar inquiry

House presses forward with Akbar inquiryKurniawan Hari, The Jakarta Post, Jakarta Legislators on Monday agreed to bring a proposal to form an inquiry on the alleged abuse of power by Golkar Party Chief Akbar Tandjung to a plenary meeting in January next year, however the question still remains ...

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Tue, 11 Dec 2001

JP/RZealots of diverse faiths: Ayodhya's 16th century fires

RZealots of diverse faiths: Ayodhya's 16th century firesThe Straits Times, Asia News Network, Singapore Last Thursday marked the ninth anniversary of the razing of the 16th-century Babri mosque by Hindu zealots in the northern Indian town of Ayodhya.

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Tue, 11 Dec 2001

JP/Jakarta should be closed for outsider, Sutiyoso says

Jakarta should be closed for outsider, Sutiyoso saysFabiola Desy Unidjaja, The Jakarta Post, Jakarta Pointing to massive influxes of people to Jakarta especially after holidays like Idul Fitri, along with the social problems they bring with them, Governor Sutiyoso has said he will issue a bylaw ...

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Tue, 11 Dec 2001

JP/Pilgrims of peace in Bali

Pilgrims of peace in Bali DENPASAR: Asia-Pacific pacifists from several countries will hold a conference on the tourist island of Bali from Dec. 13 to Dec. 15, the organizing committee said on Monday.

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Tue, 11 Dec 2001

JP/RI players seek berths at Australian Open

RI players seek berths at Australian OpenNovan Iman Santosa, The Jakarta Post, Jakarta Indonesian top tennis players are scheduled to leave for Hong Kong on Saturday to take part at the US$60,000 Asia Cup which also serves as the qualifying ground for the Australian Open in January.

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Tue, 11 Dec 2001

JP/'Smuggling costs nation $600 million per year'

'Smuggling costs nation $600 million per year'The Jakarta Post, Jakarta Fuel smuggling, prompted by the government's fuel subsidy policy, costs the government as much as US$600 million per year, state oil and gas company Pertamina's president Baihaki Hakim announced Monday.

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Tue, 11 Dec 2001

JP/Betawi want gubernatorial seat

Betawi want gubernatorial seatFabiola Desy Unidjaja, The Jakarta Post, Jakarta The indigenous people of Jakarta, the Betawi, are joining the chorus of other regions in asking for more recognition in the capital, demanding that for once the city should have an indigenous Betawi as governor.

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Tue, 11 Dec 2001

JP/For quality or awards?

For quality or awards?Puji Astuti, The Jakarta Post, Contributor How many of you and your neighbors have no refrigerators at home? How many of us do our laundry without the use of harmful detergents? How many of us use plastic products and later throw them away?We all know the answer and the sort ...

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Tue, 11 Dec 2001

JP/"Sales" do not always offer good bargains

"Sales" do not always offer good bargains The end-of-year holiday shopping bonanza is soon to arrive. Shops, department stores and traditional marketplaces have become more colorful than usual. Signs of big discounts, some of up to 70 percent, have been placed at most department stores.

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Tue, 11 Dec 2001

JP/Thai woman tried in drug case

Thai woman tried in drug caseMulta Fidrus, The Jakarta Post, Tangerang The trial of a 21-year-old Thai woman, charged with attempting to smuggle 850 grams of heroin from into the country from Thailand, began Monday at Tangerang District court.The defendant, Nonthanam M.

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Tue, 11 Dec 2001

JP/Kabul minus Taliban: Mixed blessing?

Kabul minus Taliban: Mixed blessing?Luke Harding, Guardian News Service, Kabul In Kabul's football stadium Sunday, two teams were slugging it out on the grassy pitch. A modest crowd had turned out to watch; and from a loudspeaker in the stands, a once banned pop song drifted across the terraces.

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Tue, 11 Dec 2001

JP/Mega yet to select ad hoc judges

Mega yet to select ad hoc judges JAKARTA: The National Commission on Human Rights (Komnas HAM) has called on the President to speed up the appointment of judges for the ad hoc tribunal on human rights abuses in East Timor.

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Tue, 11 Dec 2001

JP/US$4,500/hour free for using Hercules lift 'normal'

US$4,500/hour free for using Hercules lift 'normal'Tiarma Siboro, The Jakarta Post, Jakarta The Indonesian Military (TNI) Spokesman Rear Marshall Graito Usodo admitted on Monday that the Air Force charged US$4,500 (approximately Rp 45 million) an hour for air transport, but denied such "a fee" ...

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Tue, 11 Dec 2001

JP/Aug. 17 photos ring the changes

Aug. 17 photos ring the changesP.J. Leo, The Jakarta Post, Jakarta How much patriotism, which is showing signs of diminishing, is left? How much love for the motherland remains, especially now when regional, ethnic and religious sentiments seem to be stronger than our desire to live together in a ...

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Tue, 11 Dec 2001

JP/No bank closures this year: BI

No bank closures this year: BIBerni K. Moestafa, The Jakarta Post, Jakarta Bank Indonesia assured on Monday that no banks would be closed down by the end of the year as all had met their minimum capital to asset ratio requirements.

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Tue, 11 Dec 2001

JP/Jakarta in 2001: No room for the poor

Jakarta in 2001: No room for the poorAzas Tigor Nainggolan, Jakarta Residents Forum (FAKTA), Jakarta Social Institute (ISJ) An expression heard all too often in this city is "the cruelty of Jakarta," which reflects the feelings of many a migrant who has come here, seeking a better life, only to ...

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Tue, 11 Dec 2001

JP/State of emergency in Poso to be studied further

State of emergency in Poso to be studied furtherThe Jakarta Post, Jakarta The government has not decided whether or not to impose a state of emergency in Poso, Central Sulawesi, following fresh sectarian clashes in the region over the past few weeks, as security authorities say such a move still ...

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Tue, 11 Dec 2001

JP/Govt told to review ship procurement

Govt told to review ship procurementAbu Hanifah, The Jakarta Post, Jakarta Chairman of the House Commission I on Transportation Soemaryoto has urged the Indonesian government to review its ship procurement program under a soft loan agreement with the German government due to irregularities.

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Tue, 11 Dec 2001

JP/Rupiah Rates Dec. 10

Rupiah Rates Dec. 10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,855.00 9,855.00 10,407.00 10,303.

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Tue, 11 Dec 2001

JP/Can S. Korea go global? End irrational price

Can S. Korea go global? End irrational priceThe Korea Herald, Asia News Network, Seoul Despite frequent floods and droughts, South Korea has had bumper crops in recent years.

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Tue, 11 Dec 2001

JP/Police can't beat Theys death probe deadline

Police can't beat Theys death probe deadlineKurniawan Hari, The Jakarta Post, Jakarta Irian Jaya saw the Dec. 10, 2001 deadline, which they had set for the police to unravel the death of their proindependence leader Theys Hiyo Eluay, come and go, without any result.

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Tue, 11 Dec 2001

JP/Diarrhea outbreak kills 13 on Alor

Diarrhea outbreak kills 13 on Alor MAUMERE, Flores: At least 13 people have died and 56 others are being treated at a local community health center in South Alor subdistrict, East Nusa Tenggara province, for various ailments related to a possible diarrhea epidemic.

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Tue, 11 Dec 2001

JP/U.S.'s blank check approach

U.S.'s blank check approach War against terrorism - this seems to have become the United States' holy creed. With a spirit of revenge, following the terrorist attacks on the World Trade Center (WTC) and the Pentagon -- interpreted as an attack on the U.S.'s dignity -- the U.S.

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Tue, 11 Dec 2001

JP/TV today

TV todayTVRI 2:30 a.m. Ramadhan Program 4:30 Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Songs 10:30 30 minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

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Tue, 11 Dec 2001

JP/15,000 troops to secure Jakarta

15,000 troops to secure Jakarta Jakarta: The Jakarta authorities has ordered some 15,000 security personnel to the capital as a safety precaution during the coming holidays of Idul Fitri, Christmas and the New Year, Governor Sutiyoso said.

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Tue, 11 Dec 2001

JP/From Bali with love and some greenery

From Bali with love and some greeneryDwi Setyo, Contributor, Jakarta The aroma of patchouli was heavy in the air. The wooden hut looked very much like an unkempt museum. It was dark and murky and no light came in from the window.

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Tue, 11 Dec 2001

JP/Governement mulls new barrier on sugar imports

Governement mulls new barrier on sugar importsTantri Yuliandini, The Jakarta Post, Jakarta The government plans to impose a national standard for raw sugar to help limit the inflow of sugar imports and prevent an oversupply from illegal practices, such as dumping and under- invoicing, a senior ...

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Tue, 11 Dec 2001

JP/Semen Gresik privatization delayed

Semen Gresik privatization delayedThe Jakarta Post, Jakarta/Surabaya State Minister of State Enterprises Laksamana Sukardi said on Monday that the government was unlikely to complete the sale of the state-owned cement maker PT Semen Gresik to Mexico's Cemex SA de CV as planned amid continuing ...

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Tue, 11 Dec 2001

JP/Fadel sworn in as governor of Gorontalo

Fadel sworn in as governor of GorontaloElnino, The Jakarta Post, Gorontalo JAKARTA (JP): Home Affairs Minister Hari Sabarno swore in businessman Fadel Muhammad and Gusnar Ismail on Monday, making him the first governor and deputy governor of Gorontalo province, since it separated from North ...

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Tue, 11 Dec 2001

JP/Legal experts criticize RI antiterrirism bill

Legal experts criticize RI antiterrirism billTiarma Siboro, The Jakarta Post, Jakarta Legal experts strongly criticized on Monday the antiterrorism bill currently being formulated at the Ministry of Justice and Human Rights, saying that the bill has condoned violence in its articles.

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Tue, 11 Dec 2001

JP/On the African National Congress and AIDS

On the African National Congress and AIDS The country needs someone with independence and imagination to lead its fight against HIV/AIDS, which is a "war of enormous magnitude." These sentiments ... are shared by many.

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Tue, 11 Dec 2001

JP/Provinces deploy snipers to fight road hijackers

Provinces deploy snipers to fight road hijackersYuli Tri Suwarni and Bahrul Ilmi Yakub, The Jakarta Post, Bandung/Palembang Dozens of police snipers have fanned out in crime-prone areas across West Java, Lampung and South Sumatra to ensure the safety of travelers returning home to celebrate the ...

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Tue, 11 Dec 2001

JP/Three more tried for UN peacekeeper's murder

Three more tried for UN peacekeeper's murderMuninggar Sri Saraswati, The Jakarta Post, Jakarta Central Jakarta District Court began on Monday the trial of three more prointegration militiamen charged with the alleged murder of a New Zealand peacekeeper in East Timor last year.

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Tue, 11 Dec 2001

JP/JP/ /

JP/ / Crude oil and gas production for September 2001 ----------------------------------------------------------------- Crude oil/bpd Natural gas/mscfd ------------------------------------------------------------------ Pertamina 86,000 ...

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Tue, 11 Dec 2001

JP/Contract marriages to be studied

Contract marriages to be studied JAKARTA: State Minister of Women's Empowerment Sri Redjeki Soemaryoto announced on Monday that her office would investigate the phenomenon of contract marriages between local women and foreigners in Singkawang, West Kalimantan, which frequently harms the local ...

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Tue, 11 Dec 2001

JP/New oil and gas law goes ahead despite protests

New oil and gas law goes ahead despite protestsHendarsyah Tarmizi The Jakarta Post Jakarta Despite opposition from some oil-rich provinces and nationalist oil experts, the new oil and gas law is likely to go ahead and become effective next year.

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Tue, 11 Dec 2001

JP/Elza plays down accusations of conspiracy with police

Elza plays down accusations of conspiracy with policeDamar Harsanto, The Jakarta Post, Jakarta Hutomo "Tommy" Mandala Putra's lawyer, Elza Syarif, played down on Monday the allegation that there was a deliberate ploy between her client and the police over recent cases released by Tommy's lawyers, ...

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Tue, 11 Dec 2001

JP/JP/16/GREEN

JP/16/GREEN Martani Huseini The Jakarta Post Contributor Green movements, products and marketing strategies Two major issues pose a serious challenge in this era of free trade: globalization and sustainable socioeconomic development.

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Tue, 11 Dec 2001

JP/Green movements, products and marketing strategies

Green movements, products and marketing strategiesMartani Huseini, The Jakarta Post, Contributor Two major issues pose a serious challenge in this era of free trade: globalization and sustainable socioeconomic development.

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Tue, 11 Dec 2001

JP/Fourth LoI could be signed soon: IMF

Fourth LoI could be signed soon: IMFBerni K. Moestafa, The Jakarta Post, Jakarta The International Monetary Fund, or IMF, indicated Monday that the government may be signing its fourth lending agreement with the organiztion as early as this year.

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Tue, 11 Dec 2001

JP/12 traders arrested for buying stolen fuel

12 traders arrested for buying stolen fuelNana Rukmana, The Jakarta Post, Indramayu The Cirebon Military Police have arrested 12 local traders on charges of stealing solar and premium fuel from tankers owned by Petramina, the state-owned oil company, at its distribution depot near Balongan.Lt.

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Tue, 11 Dec 2001

JP/Promoters voice concern over WBC ban

Promoters voice concern over WBC banMusthofid, The Jakarta Post, Jakarta While concerns over the prospect of Indonesian boxing deepen, following a six-month ban imposed by the World Boxing Council (WBC), worries are running high that the sport's other international bodies will follow suit.

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Tue, 11 Dec 2001

JP/Whipping up xenophobia

Whipping up xenophobia It is tragic to observe how politicians and local administrations in West Sumatra, East Java and South Sulawesi have whipped up xenophobia in a bid to block the privatization of state-controlled Semen Gresik.

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Tue, 11 Dec 2001

JP/Don't blame kids for everything

Don't blame kids for everything Unruly children, street kids that shout abuse and then run, the firecracker brigade that wakes you up in the early hours of the morning then stops you from sleeping at night -- and we ask why! Why don't they have any manners? Why don't parents control their kids? ...

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Tue, 11 Dec 2001

JP/Wide heels bad for your knees

Wide heels bad for your knees Agencies, Washington New research has shown that chunky heels are just as bad for the knees as spindly stilettos. Women who want to add height and walk comfortably opt for wide heels.

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Tue, 11 Dec 2001

JP/Safari Dharma's crew stage protest

Safari Dharma's crew stage protest JAKARTA: Dozens of Safari Dharma's crew members blockaded the company's buses on its gate Monday morning in their demonstration asking for a pay rise and better management.The demonstration, which lasted until 2:00 p.

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Tue, 11 Dec 2001

JP/For the past 14 months, hundreds of Palestinians fell martyrs

For the past 14 months, hundreds of Palestinians fell martyrs and thousands wounded in their great uprising for freedom and independence as they live under the suppression of the Israeli occupier which resorts to unjustified violence, subjugation and tyranny as well as the explicit terrorism of ...

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Tue, 11 Dec 2001

JP/ADB to disburse $150m in loans

ADB to disburse $150m in loansBerni K. Moestafa, The Jakarta Post, Jakarta The Asian Development Bank (ADB) said Monday it expected to disburse US$150 million in new loans to Indonesia, in what could be the first tranche of a $400 million loan deal with Jakarta.

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Tue, 11 Dec 2001

JP/No bank closures this year: BI

No bank closures this year: BIor BI: no bank closures this year Berni K. Moestafa The Jakarta Post JakartaBank Indonesia assured reporters on Monday that no banks would be closed down by the end of the year, as all had met their minimum capital to asset ratio requirements.

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