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

Wed, 01 Aug 2001

JP/Suit against Golkar rejected

Suit against Golkar rejected JAKARTA (JP): Golkar Party supporters cheered in triumph on Tuesday as the Supreme Court Justice banged the gavel disallowing a suit to dissolve the party, which had cited alleged violations in the past general election.

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Wed, 01 Aug 2001

JP/Motorboat missing with 37 people on board

Motorboat missing with 37 people on board PALU, Central Sulawesi (JP): As many as 30 passengers and seven crew members were reported missing and feared dead when the motorized sailing boat Lestari Abadi carrying them from Wani Port in Palu to Balikpapan, East Kalimantan, in June never reached ...

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Wed, 01 Aug 2001

JP/Belgian envoy barred from Ilaga

Belgian envoy barred from Ilaga JAYAPURA, Irian Jaya: Due to security concerns, the Irian Jaya authorities prohibited on Tuesday Belgian Ambassador to Indonesia Luk Darras from visiting Ilaga in Puncak Jaya regency as part of the process of the release of two Belgian nationals kidnapped by a ...

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Wed, 01 Aug 2001

JP/Military top brass reveal their wealth

Military top brass reveal their wealth JAKARTA (JP): In its latest report published on Wednesday, the Public Servants' Wealth Audit Commission (KPKPN) disclosed the riches of two military top brass, a caretaker Cabinet member and a politician from former president Abdurrahman Wahid's party.

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Wed, 01 Aug 2001

JP/Semarang's oldest restaurant serves up history

Semarang's oldest restaurant serves up historyBy R. Kristiawan SEMARANG (JP): The story of Toko Oen, the city's oldest restaurant, begins in 1922 in Yogyakarta with a housewife who had time on her hands.

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Wed, 01 Aug 2001

JP/Team proposes 21.67% rise in telephone rates

Team proposes 21.67% rise in telephone rates JAKARTA (JP): A team assigned by the government to review the country's telephone rate structure proposed a flat 21.67 percent increase this year, a senior official said.

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Wed, 01 Aug 2001

JP/Ragunan Zoo to receive four male gorillas

Ragunan Zoo to receive four male gorillas JAKARTA (JP): The city's Ragunan zoo will have four male gorillas which will arrive here from England in October, an official said.

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Wed, 01 Aug 2001

JP/Military ties with U.S. vital to refine TNI

Military ties with U.S. vital to refine TNI JAKARTA (JP): Military officials and observers welcomed on Tuesday the United States' intention to resume its military ties with Indonesia under strict conditions of improved performance within the Indonesian Military (TNI) on human rights and democracy ...

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Wed, 01 Aug 2001

JP/Court sentences bomb owner to 10 years in jail

Court sentences bomb owner to 10 years in jail JAKARTA (JP): East Jakarta District Court sentenced Elize Maria Tuwahatu to 10 years in jail on Monday for the illegal possession of bombs, which she once claimed to have received from former president Soeharto's fugitive son Hutomo "Tommy" ...

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Wed, 01 Aug 2001

JP/Indonesia in America's regional policy

Indonesia in America's regional policy What's behind the hints towards better U.S. ties with Indonesia? Lecturers at Deakins University in Australia, Dr.

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Wed, 01 Aug 2001

JP/Two women injured in Semarang bomb blast

Two women injured in Semarang bomb blast SEMARANG (JP): Two women were injured here on Tuesday after a bomb exploded in their Toyota Kijang van at the Christ Alva Omega Church on Jl. Gajah Mada.

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Wed, 01 Aug 2001

JP/Government to disclose OC findings on debt restructuring

Government to disclose OC findings on debt restructuring JAKARTA (JP): An independent oversight committee (OC) has finalized its review on major corporate debt restructuring deals hammered out by the Financial Sector Policy Committee (FSPC), but OC's findings will only be made public after the ...

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Wed, 01 Aug 2001

JP/Hamzah asks NU to back national reconciliation

Hamzah asks NU to back national reconciliation JAKARTA (JP): Vice President Hamzah Haz visited Nahdlatul Ulama (NU) leaders on Tuesday, asking the country's largest Muslim organization to help reconcile conflicting groups in the crisis-plagued nation.

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Wed, 01 Aug 2001

JP/PSN to launch new product

PSN to launch new product YOGYAKARTA (JP): Satellite telecommunications service provider PT Pasifik Satelit Nusantara (PSN) will commercially launch the first batch of its satellite-based fixed telephones for Indonesia's rural areas in August, a senior executive said.

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Wed, 01 Aug 2001

JP/Ex-Scafindo manager tried for fraud

Ex-Scafindo manager tried for fraud TANGERANG (JP): Tangerang District Court began on Tuesday the trial of a former PT Scafindo Mulia Perkasa's manager charged with misappropriating Rp 363 million through the firm's trading company.

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Wed, 01 Aug 2001

JP/Man reportedly nabbed over judge's murder

Man reportedly nabbed over judge's murder JAKARTA (JP): A man was reportedly arrested over the murder of Justice M. Syafiuddin Kartasasmita early Tuesday morning, according to two sources from the Central Jakarta Police Headquarters.

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Wed, 01 Aug 2001

JP/On reform in TNI

On reform in TNI I would like to respond to the article of Ms Lesley McCulloch of July 25, which criticized my point of view about the reform process inside the Indonesian Military (TNI).

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Wed, 01 Aug 2001

JP/Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment* Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - Lobby: Gamelan (Traditional Music), 7 p.m. to 10 p.m. (Except Saturday), Solo Pianist, Monday to Friday and Sunday, 7 a.m. to 9 a.m., Saturday, 7 p.m. to 9 p.m.

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Wed, 01 Aug 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Variety Show 10:00 Children's Program 10:30 30 Minutes with Anita Rahman 11:00 Regional News 12:00 p.m.

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Wed, 01 Aug 2001

JP/Major five-star hotels still in the red

Major five-star hotels still in the red JAKARTA (JP): Most of Indonesia's five-star hotel operators remained in the red in the first quarter of this year despite improved financial performances.

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Wed, 01 Aug 2001

JP/Blast rocks 3 houses

Blast rocks 3 houses JAKARTA (JP): An explosion at the residence and workshop of a firecracker manufacturer destroyed three houses, including the manufacturer's residence, in the Duri Kepa area of West Jakarta.

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Wed, 01 Aug 2001

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 31, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo ...

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Wed, 01 Aug 2001

JP/Futsal feast with Ronny Pattinasarani

Futsal feast with Ronny Pattinasarani JAKARTA (JP): If your kids have so much energy on the weekends that it leaves you rattled, you may want to take them to a nearby McDonald's fast food restaurant and register for a one-day futsal game with former Indonesian soccer star Ronny Pattinasarani ...

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Wed, 01 Aug 2001

JP/In search of Asian capitalism

In search of Asian capitalismBy Harry Bhaskara JAKARTA (JP): How will Asian businesspeople fare in the era of globalization? Given their habits in business relations, where collective rather than individual initiative rules, will they fare well?This was one question that came up during the ...

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Wed, 01 Aug 2001

JP/Students oppose ministry revival

Students oppose ministry revival MAKASSAR, South Sulawesi: Dozens of journalists grouped under the Makassar Press Inter-Organizational Forum (FLOPM) took to the streets on Tuesday to oppose the central government's plan to revive the ministry of information, which was dissolved by the then ...

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Wed, 01 Aug 2001

JP/Rupiah rate July 31

Rupiah rate July 31 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,025.00 10,025.00 9,477.00 9,573.

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Wed, 01 Aug 2001

JP/BNI rating outlooks upgraded

BNI rating outlooks upgraded JAKARTA (JP): International rating agency Standard & Poor's upgraded on Tuesday the outlooks on publicly listed Bank Negara Indonesia's foreign currency and local currency counterparty credit ratings to stable from negative.

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Wed, 01 Aug 2001

JP/Regions near Malaysia put on FMD alert

Regions near Malaysia put on FMD alert JAKARTA (JP): The Indonesian government warned provinces and regencies which border neighboring Malaysia to be more watchful of the entry of cattle and meat products from Malaysia over fears of a foot-and-mouth disease (FMD) outbreak.

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Wed, 01 Aug 2001

JP/High school row continues

High school row continues JAKARTA (JP): Deputy governor for people's welfare affairs Djailani said on Monday that the exchange deal between public junior high school 56 in the Blok M area, South Jakarta, with PT Tata Disantara cannot be annulled by the city administration.

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Wed, 01 Aug 2001

JP/Mega's Cabinet

Mega's Cabinet There is obviously much talk about who will be a member of the new Megawati Cabinet, and no doubt all political parties will come up with their ideas, their nominations and their recommendations.

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Wed, 01 Aug 2001

JP/Bomb blast in church parking lot injures two

Bomb blast in church parking lot injures two SEMARANG (JP): Two women were injured here on Tuesday after a bomb exploded in their Toyota Kijang van at the Christ Alva Omega Church on Jl. Gajah Mada.

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Wed, 01 Aug 2001

JP/The sauna that city councillors so desire

The sauna that city councillors so desire JAKARTA (JP): One of the things city councillors most want, apparently, is a sauna.

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Wed, 01 Aug 2001

JP/Pertamina cuts fuel price for industries

Pertamina cuts fuel price for industries JAKARTA (JP): State oil and gas company Pertamina has cut fuel prices for industrial users by an average of 5.5 percent, effective throughout August.Pertamina said in a statement that it reduced the price for automotive diesel oil by 4.

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Wed, 01 Aug 2001

JP/ITB rector post offered to public

ITB rector post offered to public BANDUNG (JP): In a bid to implement its newly achieved autonomy, the Bandung Institute of Technology (ITB) will offer the position of rector to the general public, an institute official announced on Tuesday.

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Wed, 01 Aug 2001

JP/Ex-AG tells court to suspend case against Endin

Ex-AG tells court to suspend case against Endin JAKARTA (JP): Former attorney general and former chairman of the now dissolved joint anti-corruption team (TGPTPK) told Central Jakarta District Court on Tuesday to halt the defamation case against Endin Wahyudin.

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Wed, 01 Aug 2001

JP/Men caught stealing seeds

Men caught stealing seeds BOGOR (JP): A researcher at the Bogor Botanical Garden caught two men attempting to steal seeds from a protected Marashi (Cassiafistula) tree on Tuesday.

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Wed, 01 Aug 2001

JP/Golkar and the law

Golkar and the law What many observers had expected and activists had feared became reality on Tuesday.

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Wed, 01 Aug 2001

JP/PDI Perjuangan urges fight against corruption

PDI Perjuangan urges fight against corruption JAKARTA (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan) suggested on Tuesday that the new Cabinet fight for economic recovery and confirm the government's commitment to eradicating corruption, collusion and nepotism.

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Wed, 01 Aug 2001

JP/Government takes over Sucofindo export inspection service

Government takes over Sucofindo export inspection service JAKARTA (JP): The government said that, as of today, the customs and excise office would take over the export inspection service of state-owned surveyor firm PT Superintending Company of Indonesia (Sucofindo), despite criticism that the ...

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Wed, 01 Aug 2001

JP/Governor blasted over car row

Governor blasted over car row SURABAYA: Accused of not having a sense of crisis, East Java Governor Imam Utomo was strongly criticized for his plan to spend Rp 10 billion from the provincial budget to buy new cars and motorcycles.

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Wed, 01 Aug 2001

JP/Indonesian children demand protection of their rights

Indonesian children demand protection of their rights JAKARTA (JP): Many Indonesian children nowadays are no longer familiar with toys and playing as many of them have been touched by war, violence, manual labor, drugs and the sex industry.

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Wed, 01 Aug 2001

JP/Honey not so sweet for your infants

Honey not so sweet for your infantsBy Donya Betancourt Dr. Donya,This is Anik again, I wrote to you a few months ago about my baby's teeth. My baby is now almost a year and five months old, but she has only six teeth, four on top and two below. I hope this is not a problem.

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Wed, 01 Aug 2001

JP/Sweden's Lindskog leads Taman Dayu Open shooting 4-under

Sweden's Lindskog leads Taman Dayu Open shooting 4-under JAKARTA (JP): Jakarta-based Swede Stephen Atako Lindskog leads the Rp 350 million (US$35,000) 2001 Olympic Open at the Taman Dayu Golf Club in Pandaan, East Java, after shooting a 4-under- par 68 on the first day's play.

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Wed, 01 Aug 2001

JP/Telkom plans switch to fiber-optic cables

Telkom plans switch to fiber-optic cables JAKARTA (JP): State-owned telecommunications company PT Telkom is considering replacing its satellite network with fiber-optic cables by 2010 to meet a growing demand for data transmission.

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Wed, 01 Aug 2001

JP/Supreme Court annuls decree on National Police

Supreme Court annuls decree on National Police JAKARTA (JP): The Supreme Court suggested on Tuesday the revocation of a decree issued by former president Abdurrahman Wahid reinstating the post of the National Police deputy chief.

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Wed, 01 Aug 2001

JP/Good-bye to the 'Post'

Good-bye to the 'Post' It is with sadness that I have to bid good-bye to The Jakarta Post after subscribing it for more than 10 years. With the price increase, it has become a little too expensive for me and my family to subscribe to this paper.

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Wed, 01 Aug 2001

JP/Breast-feeding a source of long term benefits for babies

Breast-feeding a source of long term benefits for babiesBy Rani Rachmani Moediarta Breast feeding is the perfect source of food for babies as it is full of nutrition and immunities. Besides, it is the cheapest milk in the world.

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Wed, 01 Aug 2001

JP/Sports bodies start to name athletes for SEA Games

Sports bodies start to name athletes for SEA Games JAKARTA (JP): Indonesian sports organizations are beginning to list their athletes for the Kuala Lumpur 2001 Southeast Asian (SEA) Games as the closing date for entry approaches.

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Wed, 01 Aug 2001

JP/Man arrested over dud dollars

Man arrested over dud dollars JAKARTA (JP): Taman Sari Police officers arrested a man after he tried to exchange fake dollar banknotes worth US$500 at the foreign exchange counter of the Hotel Dusit Mangga Dua in West Jakarta, on Tuesday.

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Wed, 01 Aug 2001

JP/Indonesian men's team lose in Manila

Indonesian men's team lose in Manila JAKARTA (JP): The Indonesian men's basketball team, who are preparing for the 2001 Southeast Asian (SEA) Games, suffered the first defeat of its Philippines National Basketball League (NBL) invitational, losing 82-79 to Chopat Metrix on the second day of their ...

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Wed, 01 Aug 2001

JP/IBRA raises $1.16b in cash

IBRA raises $1.16b in cash JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has raised about Rp 11.25 trillion (US$1.16 billion) in the first half of 2001, compared to its full-year target of Rp 27 trillion.

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Wed, 01 Aug 2001

JP/Palyja warns of supply problems

Palyja warns of supply problems JAKARTA (JP): The city's joint venture tap water company PT PAM Lyonnaise Jaya (Palyja) warned on Tuesday of a possible disruption in water supplies.

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