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

Thu, 31 May 2001

JP/Malaysia aims to win more than 67 golds at SEA Games

Malaysia aims to win more than 67 golds at SEA Games JAKARTA (JP): Host country Malaysia is still hoping to win more than 67 gold medals at the 2001 Southeast Asian (SEA) Games, despite deteriorating performances within some sports agencies lately.

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Thu, 31 May 2001

JP/Parents of PRD chief escape blast

Parents of PRD chief escape blast BOGOR (JP): A bomb exploded at the house of the parents of Budiman Sudjatmiko, chairman of the People's Democratic Party (PRD), here on Wednesday morning.

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Thu, 31 May 2001

JP/Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 30, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo ...

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Thu, 31 May 2001

JP/Rupiah rate May 30

Rupiah rate May 30 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,835.00 11,835.00 11,278.00 11,392.

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Thu, 31 May 2001

JP/Aboriginal dancers find a new stage

Aboriginal dancers find a new stageBy Peter Kerr JAKARTA (JP): Arriving in Jakarta this week wide-eyed on their first trip outside Australia were young members of an Aboriginal and Torres Strait Islander dance group who will feature at JakArt 2001.

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Thu, 31 May 2001

JP/MPR asked to hold special session

MPR asked to hold special session JAKARTA (JP): The House of Representatives voted overwhelmingly in favor of calling on the People's Consultative Assembly to hold a special session to request President Abdurrahman Wahid account for his administration's performance.

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Thu, 31 May 2001

JP/Museums want autonomy to improve services

Museums want autonomy to improve services JAKARTA (JP): The problems museums anywhere in the world face, including those in Jakarta, are budget constraints and small number of visitors.

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Thu, 31 May 2001

JP/Political elite warned against provoking masses

Political elite warned against provoking masses JAKARTA (JP): As tensions rise in some parts of the country, top security minister Susilo Bambang Yudhoyono warned the political elite and legislators on Wednesday against making provocative statements that could worsen the security situation in the ...

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Thu, 31 May 2001

JP/Abdurrahman supporters vow more chaos

Abdurrahman supporters vow more chaos JAKARTA (JP): Thousands of impassioned supporters of President Abdurrahman "Gus Dur" Wahid marched from the National Monument to the House of Representatives, recited prayers, broke down the gates and stormed into the compound.

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Thu, 31 May 2001

JP/Quick action sought against water theft

Quick action sought against water theft JAKARTA (JP): A councillor revealed on Wednesday that as many as 4,729 unauthorized pipe installations had been found in the city's three mayoralties since the beginning of this year."Water theft should be stopped.

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Thu, 31 May 2001

JP/Where to go in Bali:

Where to go in Bali:Exhibition * Indonesian 'Kain Ikat' from many places around the country at any ages, at Gaya Gallery (Gaya Fusion of Senses), Jl. Raya Sayan, Ubud (Phone: 0361 979253), until Jun. 10.Museums and Galleries * Blue Moon Gallery, Jl.

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Thu, 31 May 2001

JP/Garuda Indonesia says it will maintain domestic fares

Garuda Indonesia says it will maintain domestic fares JAKARTA (JP): National flag carrier Garuda Indonesia will maintain its domestic fares although several other local airlines have announced higher fares.

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Thu, 31 May 2001

JP/Fuel prices for industry up 12%

Fuel prices for industry up 12% JAKARTA (JP) State oil and gas company Pertamina announced on Wednesday an average of 12 percent increase in fuel prices for industrial users in June.

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Thu, 31 May 2001

JP/Malaysia's Indians suffer weak Congress

Malaysia's Indians suffer weak CongressBy P. Ramasamy SINGAPORE: The annual general assemblies of political parties constituted within the ethnic coalition of Barisan Nasional give the appearance of mere public relations exercises.

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Thu, 31 May 2001

JP/Turmoil is Indonesia's gravest immediate threat

Turmoil is Indonesia's gravest immediate threat SINGAPORE: Indonesian President Abdurrahman Wahid had intended to declare an emergency on Monday, but backed down for lack of military and Cabinet support just before he was to go on nationwide television.

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Thu, 31 May 2001

JP/JakArt 2001 carnival rolls into town for a month

JakArt 2001 carnival rolls into town for a monthBy Mehru Jaffer JAKARTA (JP): A canopy of blue skies is stretched across the city for JakArt 2001, the first international carnival of the arts in the capital, to open on Thursday.

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Thu, 31 May 2001

JP/Semen Gresik's profit up

Semen Gresik's profit up JAKARTA (JP): Publicly listed cement company PT Semen Gresik booked a 14 percent increase in net profit to Rp 121.6 billion (US$11 million) during the first quarter of the year, up from Rp 106.6 billion in the same period last year.

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Thu, 31 May 2001

JP/Govt uncertain over Paris Club debt rescheduling

Govt uncertain over Paris Club debt rescheduling JAKARTA (JP): The government is still uncertain as to whether it will be able to obtain a vital rescheduling facility from the Paris Club of creditor nations of some US$2.

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Thu, 31 May 2001

JP/JakArt 2001 carnival rolls into town for a month

JakArt 2001 carnival rolls into town for a monthBy Mehru Jaffer JAKARTA (JP): A canopy of blue skies is stretched across the city for JakArt 2001, the first international carnival of the arts in the capital, to open on Thursday.

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Thu, 31 May 2001

JP/Aboriginal dance group finds new stage in Jakarta

Aboriginal dance group finds new stage in JakartaBy Peter Kerr JAKARTA (JP): Arriving in Jakarta this week wide-eyed on their first trip outside Australia were young members of an Aboriginal and Torres Strait Islander dance group who will feature at JakArt 2001.

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Thu, 31 May 2001

JP/Unruliness at the House seems order of the day

Unruliness at the House seems order of the day JAKARTA (JP): An interruption from the rank and file of the legislature would have been unthinkable a few years ago, but that has quickly become a thing of the past as "anything goes" seems to be the order of today's House of Representatives.

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Thu, 31 May 2001

JP/Red tape hurts investment image

Red tape hurts investment imageBy Donna Woodward MEDAN, North Sumatra (JP): This immigration horror story illustrates the bureaucratic tangle that threatens Indonesia's investment image. Reports have surfaced of the deportation in May of a British investor, David Eddy.

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Thu, 31 May 2001

JP/Spotlight

SpotlightPhoto: LippoSOLID COOPERATION: Lippo Group chief commissioner Mochtar Riady (center) and (from left to right) Ivan S. Budiono (LippoBank managing director), Ian B. Clyne (LippoBank president), Hanafiah Djajawinata (Unilever customer director) and A.A.

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Thu, 31 May 2001

JP/Secular Turkey's beleaguered Islamists seek salvation

Secular Turkey's beleaguered Islamists seek salvationBy Elif Unal ANKARA (Reuters): Secular Turkey's public enemy number one, powerful political Islam, is expected to see defections from its ranks when a court verdict on whether to ban the main opposition Islamic party is handed down next month.

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Thu, 31 May 2001

JP/Protocol confusion at G-15 opening

Protocol confusion at G-15 opening JAKARTA (JP): While Abdurrahman Wahid's and Megawati Soekarnoputri's political allies were locked in heated debate at the House of Representatives a few hundred meters away, the President and Vice President were themselves unwittingly involved in a protocol ...

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Thu, 31 May 2001

JP/Supreme Court submits legal opinion

Supreme Court submits legal opinion JAKARTA (JP): The Supreme Court completed on Wednesday deliberations, as requested by the government, who had asked the court to rule the legality of a special session of the People's Consultative Assembly.

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Thu, 31 May 2001

JP/G-15 leaders call for better cooperation

G-15 leaders call for better cooperation JAKARTA (JP): President Abdurrahman Wahid, in his address at the Group of 15 summit on Wednesday, warned of the dangers of globalization and the urgent need to master information technology (IT).

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Thu, 31 May 2001

JP/Jakartans seem undeterred by rowdy rallies

Jakartans seem undeterred by rowdy rallies JAKARTA (JP): People in most places in Jakarta seemed undeterred by demonstrations by thousands of President Abdurrahman Wahid supporters in the capital.

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Thu, 31 May 2001

JP/Cigna expects bullish demand in local insurance market

Cigna expects bullish demand in local insurance market JAKARTA (JP): Insurance firm PT Asuransi Cigna, formerly known as PT Asuransi Niaga Cigna Life, expects a significant increase in its life assurance business this year despite the bleak outlook for the country's economy.

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Thu, 31 May 2001

JP/North Sulawesi tries to lure U.S. investors

North Sulawesi tries to lure U.S. investors WASHINGTON (JP): Officials from North Sulawesi held an investment forum here on Tuesday to lure American investors to invest in the natural resources-rich province.

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Thu, 31 May 2001

JP/Three wounded in KPI office attack

Three wounded in KPI office attack JAKARTA (JP): An unidentified group of one hundred men attacked the office of the Indonesian Sailors' Union (KPI) at Jl Cikini 58, in the Menteng district of Central Jakarta early on Tuesday, injuring three employees.

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Thu, 31 May 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 News 10:00 Music 11:00 Talk Show 12:00 p.m.

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Thu, 31 May 2001

JP/G-15 businesses call for use of local currencies

G-15 businesses call for use of local currencies JAKARTA (JP): Private sector representatives from members of the Group of 15 (G-15) developing nations have urged their governments to promote the use of local currencies intra G-15 trading, an Indonesian delegate said on Wednesday.

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Thu, 31 May 2001

JP/India, S. Korea, Taiwan and Saudi suspected of dumping

India, S. Korea, Taiwan and Saudi suspected of dumping JAKARTA (JP): The Indonesian Synthetic Fiber Makers Association (APSyFI) said it had found indications of fiber dumping practices by several countries including India, South Korea, Taiwan, and Saudi Arabia, a senior executive said ...

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Thu, 31 May 2001

JP/Govt to appoint auditor to review Guthrie deal

Govt to appoint auditor to review Guthrie deal JAKARTA (JP): The government said on Wednesday it would appoint an independent auditor to review the controversial US$350 million deal to sell oil palm plantations to Malaysia's Kumpulan Guthrie Bhd.

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Thu, 31 May 2001

JP/Overdue dialogue

Overdue dialogue New Delhi's unexpected offer to talk to the Pakistani leader, Gen. Pervez Musharraf, is a rare bit of good news from the two South Asian neighbors.

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Thu, 31 May 2001

JP/Fuji camera spare parts

Fuji camera spare parts Some time ago I had my camera (Model DL-80 DATE) repaired at Fuji Image Plaza, Matraman Branch, which is supposed to be Fuji's biggest service center.

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Thu, 31 May 2001

JP/Alco Telkom women's team to be promoted to main division

Alco Telkom women's team to be promoted to main division SEMARANG (JP): Women's volleyball team Alco Sekar Telkom of West Java earned a promotion to the main division for the 2002 national volleyball league (Livoli) by making it to the grand final of the national interclub championships on ...

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Thu, 31 May 2001

JP/Village children study at protest site

Village children study at protest site JAMBI, Jambi: Dozens of children from the village of Petaling Jaya in Muaro Jambi regency studied in makeshift tents in the grounds of a local council building as they joined their parents at a rally at the councillor's office.

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Thu, 31 May 2001

JP/RP resort abduction renews Abu Sayyaf terror

RP resort abduction renews Abu Sayyaf terrorBy Girlie Linao MANILA (DPA): The weekend abduction of 20 tourists and workers from a western Philippine resort has brought back memories of terror unleashed by Muslim extremist Abu Sayyaf rebels during a kidnapping spree last year.

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Thu, 31 May 2001

JP/Humorous cartoons depict gloomy Indonesia at exhibition

Humorous cartoons depict gloomy Indonesia at exhibitionBy I Wayan Juniarta DENPASAR, Bali (JP): When even the best cartoonists and the best cartoons fail to entertain, is it time to start asking just how troubled is our country?The political elite in Jakarta are busy playing their "low- class, ...

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Thu, 31 May 2001

JP/Arson attacks continue, 10 killed in Aceh

Arson attacks continue, 10 killed in Aceh BANDA ACEH, Aceh (JP): At least 10 dead bodies have been found and 120 houses burned in three separate areas in the past two days, officials said on Wednesday.Aceh Police spokesman Adj. Sr. Comr.

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Thu, 31 May 2001

JP/The first Chinese School in Denpasar, open to all children

The first Chinese School in Denpasar, open to all childrenBy Susi Andrini DENPASAR (JP): Qi li (Stand up), chingle (give respect). The shrill voices of children of between two-and-a-half to four years of age were heard saying in unison, Lao shi zao (Good morning, teacher).

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Thu, 31 May 2001

JP/One killed in Pasuruan as unrest continues

One killed in Pasuruan as unrest continues SURABAYA (JP): One person was killed and four others injured in a fierce clash between people claiming to be President Abdurrahman Wahid's supporters and security officers in tense Pasuruan on Wednesday, while another group of people ransacked and ...

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Thu, 31 May 2001

JP/'Rational politicians' needed to save the nation

'Rational politicians' needed to save the nation JAKARTA (JP): An observer opined that "rational politicians" were needed to save the nation by compromising during the inevitable People's Consultative Assembly special session.

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Thu, 31 May 2001

JP/Russia may exploit U.S. arms offer

Russia may exploit U.S. arms offerBy Ron Popeski MOSCOW (Reuters): Russia is likely to treat a U.S. offer of military cooperation with caution next month's summit in Slovenia, and may try to exploit it in stiffening resistance to Washington's planned anti-missile shield.

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Thu, 31 May 2001

JP/JP/9/CAPTION

JP/9/CAPTIONPhoto A: CartoonJP/I Wayan JuniartaOne of the cartoons exhibited at the Prihatin Cartoon Exhibition held here from May 20 to June 15. Most of the 67 cartoons on display focus on the dysfunctional relationship among the members of the country's political elite.

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Thu, 31 May 2001

JP/Workers continue rally, demanding decree revocation

Workers continue rally, demanding decree revocation JAKARTA (JP): Hundreds of workers staged a rally for the third consecutive day here on Thursday, demanding the revocation of a ministerial decree that they consider benefits employers more than workers.

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Thu, 31 May 2001

JP/PLN and Paiton close to reaching long-term accord

PLN and Paiton close to reaching long-term accord JAKARTA (JP): State-owned electricity company PT PLN and independent power producer (IPP) PT Paiton Energy are close to reaching a long-term agreement that would close the book on one of PLN's toughest deal.Paiton president Robert P.

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Thu, 31 May 2001

JP/Indonesia clears first hurdle in Sudirman Cup

Indonesia clears first hurdle in Sudirman Cup JAKARTA (JP): Indonesia cleared its first hurdle at the Sudirman Cup Group B round-robin match by defeating England 4-1 at the San Pablo Stadium in Seville, Spain, on Tuesday.

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Thu, 31 May 2001

JP/Democracy under trial

Democracy under trial With the plenary session of the House of Representatives now behind us, one crucial point is that the process of democratization in Indonesia has at least been undertaken without incident to speak of. Under the circumstances, that certainly is something to be thankful for.

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Thu, 31 May 2001

JP/Students involved in bus robbery

Students involved in bus robbery BEKASI (JP): Police detained eight of around 50 vocational high school students alleged of involvement in a robbery committed on Wednesday aboard a Mayasari bus on Jl. Rawa Panjang, Bekasi.

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Thu, 31 May 2001

JP/India and Pakistan ready for talks

India and Pakistan ready for talksBy John Chalmers NEW DELHI (Reuters): India and Pakistan look set to hold their first summit in more than two years by mid-July, but given their entrenched positions on the Kashmir dispute it is not clear where they will start.

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Thu, 31 May 2001

JP/Black Americans plunge into slavery's legacy in Nigeria

Black Americans plunge into slavery's legacy in NigeriaBy Glenn McKenzie GBEREFU ISLAND, Nigeria (AP): The sand trail passed a well where slaves once paused to drink, and ended at a statue of two people linked by chains around their necks.

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Thu, 31 May 2001

JP/Graft suspect gets o'seas travel permit

Graft suspect gets o'seas travel permit JAKARTA (JP): The Attorney General's Office has issued a permit allowing tycoon Syamsul Nursalim, a suspect in a graft case, to seek medication for his heart disease in Japan.

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Thu, 31 May 2001

JP/Court decision upsets Makassar teachers

Court decision upsets Makassar teachers MAKASSAR, South Sulawesi (JP): Hundreds of elementary school teachers were outraged on Wednesday when a panel of judges in the Makassar District Court adjourned the trial of a student's parent who had beaten a fellow teacher.

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Thu, 31 May 2001

JP/Borobudur replica

Borobudur replica In the May 29, 2001 edition of The Jakarta Post you wrote about a replica of the Borobudur temple, which will be presented by the governor of Central Java on June 7, 2001 in Austria.There are some mistakes in your article which need clarification.

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Thu, 31 May 2001

JP/SEAG training chief to question Pelti

SEAG training chief to question Pelti JAKARTA (JP): The 2001 Southeast Asian (SEA) Games training director, Kusnan Ismukanto, said on Wednesday he would ask the Indonesian Tennis Association (Pelti) to explain why it had called up men's singles Peter Handoyo to join the Games squad.

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