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

Wed, 12 Sep 2001

JP/Tribunal sweeps from light to heavy butchers

Tribunal sweeps from light to heavy butchersBy Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

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Wed, 12 Sep 2001

JP/Parties ready for direct presidential election in 2004

Parties ready for direct presidential election in 2004 JAKARTA (JP): Despite ongoing discussions to amend the 1945 Constitution, political parties expressed on Tuesday their readiness to contend a direct presidential election in 2004.

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Wed, 12 Sep 2001

JP/Aging population: Prosperity or disaster?

Aging population: Prosperity or disaster?By Rita A. Widiadana KUTA, Bali (JP): What would happen if the Indonesian population were dominated by senior citizens? According to a noted medical professor, it could be a sign either of prosperity or human disaster.

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Wed, 12 Sep 2001

JP/New decree on IBRA submitted

New decree on IBRA submitted JAKARTA (JP): State Secretary/Cabinet Secretary Bambang Kesowo said on Tuesday that his office had submitted a proposal to President Megawati Soekarnoputri on a new decree to provide a legal foundation for the Indonesian Bank Restructuring Agency (IBRA).

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Wed, 12 Sep 2001

JP/Motorcycle theft gang nabbed

Motorcycle theft gang nabbed TANGERANG (JP): Four members of a motorcycle theft ring were arrested following a tip from another gang member who was in police custody.

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Wed, 12 Sep 2001

JP/CPO prices to plummet in September-October period

CPO prices to plummet in September-October period JAKARTA (JP): The price of crude palm oil (CPO) on the international market is expected to dive further from now until October, mainly due to lower demand from India, the world's largest palm oil importer, an executive of the Association of ...

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Wed, 12 Sep 2001

JP/Kalijati developed for combat planes

Kalijati developed for combat planes SUBANG, West Java (JP): The Indonesian National Air Force (TNI-AU) will develop Kalijati Air Base in Subang, West Java to become the home-base for combat planes, an official said.

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Wed, 12 Sep 2001

JP/Indonesian athletes target four gold on first day

Indonesian athletes target four gold on first day JAKARTA (JP): Indonesia is targeting four gold medals on the opening day of track and field competition on Wednesday, while Thailand and Malaysia, both renowned for their strength in athletics, look set to begin a fierce rivalry.

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Wed, 12 Sep 2001

JP/House to start budget debate

House to start budget debate JAKARTA (JP): The House of Representatives will begin debating the government-proposed 2002 state budget Wednesday and expects to finish the process before the House goes into recess on Oct. 24, a legislator said.

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Wed, 12 Sep 2001

JP/Citibank, LippoBank tie up

Citibank, LippoBank tie up JAKARTA (JP): Citibank and LippoBank signed on Tuesday a memorandum of understanding aimed at delivering a stronger customer credit card service for customers of both banks.

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Wed, 12 Sep 2001

JP/Indonesia keeps pressure on Malaysia

Indonesia keeps pressure on MalaysiaBy Novan Iman Santosa JAKARTA (JP): Indonesia maintained pressure on host Malaysia on the fourth day of Southeast Asian (SEA) Games competition on Tuesday, winning 11 gold medals to marginally reduce the gap in the medal standings.

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Wed, 12 Sep 2001

JP/Forest law enforcement conference opens in Bali

Forest law enforcement conference opens in Bali DENPASAR, Bali (JP): A three-day East Asia Regional Ministerial Conference on Forest Law Enforcement and Governance (FLEG) was officially opened here on Tuesday by Director General for Forest Protection and Nature Conservation Wahjudi Wardojo.

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Wed, 12 Sep 2001

JP/District court turns down lawsuit against Bimantoro

District court turns down lawsuit against Bimantoro JAKARTA (JP): The South Jakarta District Court has dismissed lawsuits filed by eight middle-ranking police officers against National Police chief Gen. Surojo Bimantoro, saying that the case was the jurisdiction of the military court.

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Wed, 12 Sep 2001

JP/Padang food makes transition to five-star setting

Padang food makes transition to five-star setting JAKARTA (JP): Padang delicacies are this country's fast food. It's said so often that it has become a comfortable cliche, like saying Indonesia is the land of smiles.

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Wed, 12 Sep 2001

JP/Indonesia deplores plane attacks on U.S.

Indonesia deplores plane attacks on U.S. JAKARTA (JP): Minister of Foreign Affairs Hassan Wirayuda describes the World Trade Center bombing in Manhattan, New York and the Pentagon in Washington D.C. as a "brutal" and "inhuman" act."I really deplore the bombing. I called U.S.

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Wed, 12 Sep 2001

JP/CPO prices to drop until October, says GAPKI chief

CPO prices to drop until October, says GAPKI chief JAKARTA (JP): The price of crude palm oil (CPO) on the international market is expected to dive further from now until October, mainly due to lower demand from India, the world's largest palm oil importer, an executive of the Association ...

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Wed, 12 Sep 2001

JP/Activists tell wealth audit body to get tough

Activists tell wealth audit body to get tough JAKARTA (JP): Activists intensified their demands on Tuesday for the Public Servant's Wealth Audit Commission (KPKPN) to investigate the origin of retired and serving state officials suspect wealth.

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Wed, 12 Sep 2001

JP/JP/4 /MALAYSIA

JP/4 /MALAYSIA Malaysia Inc.is turning over a new leaf By Vikram Khanna SINGAPORE: While it is likely to narrowly escape recession this year, its growth will be slow -- maybe 1.5 per cent, at best. Industrial production and exports will both decline in absolute terms.

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Wed, 12 Sep 2001

JP/JP/4/TRIBUNAL

JP/4/TRIBUNALFrom lightweight to heavy hitter By Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

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Wed, 12 Sep 2001

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 11, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

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Wed, 12 Sep 2001

JP/Fair competition for textbooks vital

Fair competition for textbooks vital JAKARTA (JP): The Indonesian Book Publishers Association (IKAPI) called on the government on Tuesday to deregulate the business of publishing mandatory school textbooks in order to invigorate the industry.

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Wed, 12 Sep 2001

JP/Vietnam, RI split team karate finals

Vietnam, RI split team karate finals KAJANG, Malaysia (Agencies): Vietnam grabbed three gold medals in karate Tuesday at the Southeast Asian Games, but host Malaysia won a final gold to come away with a total of nine and utterly dominate the sport.

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Wed, 12 Sep 2001

JP/JAKARTA (JP): The closure of Jl. Agus Salim in anticipation of

JAKARTA (JP): The closure of Jl. Agus Salim in anticipation of an appearance by President Megawati Soekarnoputri, has left many people disappointed. President Megawati, scheduled to arrive on Tuesday, failed to make an appearance.

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Wed, 12 Sep 2001

JP/A bit more Betawi bite needed at Warung Si Doel

A bit more Betawi bite needed at Warung Si Doel BANDUNG (JP): The sinetron (TV drama series) success, Si Doel Anak Sekolahan (Doel, The Graduate) has encouraged producer, director and actor Rano Karno to use the character's name to start his restaurant.

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Wed, 12 Sep 2001

JP/Jakarta Chapter faces mounting rejection

Jakarta Chapter faces mounting rejection JAKARTA (JP): A proposal to include the Jakarta Chapter in the 1945 Constitution faces mounting rejection from both a noted political observer and members of the provincial legislative council in North Sulawesi and North Sumatra.

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Wed, 12 Sep 2001

JP/Govt to shorten negative investment list

Govt to shorten negative investment list JAKARTA (JP): The government is planning to shorten the country's negative investment list as part of a new investment policy initiative to secure a US$600 million loan from the Asian Development Bank (ADB), according to Chairman of the Investment ...

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Wed, 12 Sep 2001

JP/Mixed reactions greet IMF's loan disbursement

Mixed reactions greet IMF's loan disbursement JAKARTA (JP): Economists presented mixed reactions on Tuesday to the International Monetary Fund (IMF)'s decision to release a US$400 million loan tranche to the country.

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Wed, 12 Sep 2001

JP/Today's program

Today's programAthleticsTaman Titiwangsa: men's 20km walk, 7 amNational Stadium: women's hammer throw, 9 am; men's decathlon, 9.30 am; men's pole vault, 5 pm; women's long jump, 6 pm; men's 3,000m steeplechase, 7 pm, men's 400m, heat, 7.40 pm, men's shot putt, 7.

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Wed, 12 Sep 2001

JP/TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 9:30 Sea Games (live) 11:00 Regional News 11:30 Music 12:00 p.m.

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Wed, 12 Sep 2001

JP/PLN ordered to operate idle Dieng power plant

PLN ordered to operate idle Dieng power plant JAKARTA (JP): The government has instructed state-owned electricity company PLN to operate the idle Dieng geothermal power plant in Central Java in order to obtain cash for the repayment of a US$260 million claim made by the U.S.

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Wed, 12 Sep 2001

JP/Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Anne Frank, Sejarah Untuk Hari Ini (History for Today), CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), until Sept. 14.Performance * Jazz Concert by Trio Braam, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), 7 p.m.

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Wed, 12 Sep 2001

JP/JAKARTA (JP): The Central Jakarta District Court decided on

JAKARTA (JP): The Central Jakarta District Court decided on Tuesday to continue the trial of tycoon Kaharudin Ongko and banker Leonard Tanubrata of the now defunct Bank Umum Nasional on corruption charges.

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Wed, 12 Sep 2001

JP/Nepotism rife in city-owned companies

Nepotism rife in city-owned companies JAKARTA (JP): The central government's pledge to fight the practice of nepotism seems to be ineffective as some officials of the city administration and the City Council have reportedly placed their children and close relatives in some city-owned companies.

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Wed, 12 Sep 2001

JP/Choosing a birth control method

Choosing a birth control method Dear Dr. Donya,I have some questions regarding the correct birth control.1. Which one is the best birth control method: monthly injection, three monthly injection or the pill?2.

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Wed, 12 Sep 2001

JP/New vote of confidence

New vote of confidence The International Monetary Fund (IMF) decided on Monday to resume its program in Indonesia, which was put on hold last December due to the government's failure to implement the reform measures promised in September 2000.

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Wed, 12 Sep 2001

JP/JP/4/TRIBUNAL

JP/4/TRIBUNALFrom lightweight to heavy hitter By Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

More ...

Wed, 12 Sep 2001

JP/IMF approves disbursement of $395m loan tranche to Indonesia

IMF approves disbursement of $395m loan tranche to Indonesia JAKARTA (JP): The International Monetary Fund (IMF) approved early on Tuesday Indonesia's new Letter of Intent (LoI), clearing the way for disbursement of a US$395 million loan tranche to the country.

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Wed, 12 Sep 2001

JP/Malaysia Inc. turns over a new leaf

Malaysia Inc. turns over a new leafBy Vikram Khanna SINGAPORE: While it is likely to narrowly escape recession this year, its growth will be slow -- maybe 1.5 per cent, at best. Industrial production and exports will both decline in absolute terms.

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Wed, 12 Sep 2001

JP/Government to shorten negative investment list

Government to shorten negative investment list JAKARTA (JP): The government is planning to shorten the country's negative investment list as part of a new investment policy initiative to secure a US$600 million loan from the Asian Development Bank (ADB), according to Chairman of the ...

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Wed, 12 Sep 2001

JP/'Indonesian' style in English usage

'Indonesian' style in English usage It is interesting to note that the letters column of The Jakarta Post of Sept. 7, 2001 carried opinions from two readers commenting, respectively, on Indian English and Australian English.

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Wed, 12 Sep 2001

JP/JP/4 /MALAYSIA

JP/4 /MALAYSIA Malaysia Inc.is turning over a new leaf By Vikram Khanna SINGAPORE: While it is likely to narrowly escape recession this year, its growth will be slow -- maybe 1.5 per cent, at best. Industrial production and exports will both decline in absolute terms.

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Wed, 12 Sep 2001

JP/Nepal needs practical approaches to giant neighbor

Nepal needs practical approaches to giant neighborBy Parmanand CALCUTTA: The new Deuba government has also to prove its mettle in foreign affairs. As a landlocked, small and underdeveloped country, Nepal's international interactions are restricted to India and China.

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Wed, 12 Sep 2001

JP/JP/4/TRIBUNAL

JP/4/TRIBUNALFrom lightweight to heavy hitter By Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

More ...

Wed, 12 Sep 2001

JP/Indonesia takes women's team tennis gold

Indonesia takes women's team tennis gold KUALA LUMPUR (Agencies): Indonesia's women's tennis team wasted no time in downing hosts Malaysia to take the gold medal at the 21st Southeast Asian (SEA) Games here on Tuesday.

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Wed, 12 Sep 2001

JP/Government fuel hike plan meets with opposition

Government fuel hike plan meets with opposition JAKARTA (JP): The government's plan to increase domestic fuel prices next year has been frowned upon by the public, who have called the current fuel prices "burdensome"."Prices are high due to the previous fuel price hike.

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Wed, 12 Sep 2001

JP/Governor considers Slovakian buses for Jakarta

Governor considers Slovakian buses for Jakarta JAKARTA (JP): The city administration announced on Tuesday that it was considering purchasing Slovakian buses to modernize the city's public buses.

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Wed, 12 Sep 2001

JP/Expert calls for sustainable tourism development

Expert calls for sustainable tourism development YOGYAKARTA (JP): An expert of the United Nations Educational, Scientific and Cultural Organization (UNESCO) has called upon those involved in tourism to apply the concept of sustainable tourism development to halt any damage caused by the ...

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Wed, 12 Sep 2001

JP/JP/4/other6

JP/4/other6 Abduction, again Once again, we have to face the bitter fact that abduction is still on the rise, the latest case being the kidnapping of four ulemas and an official of the transportation office.

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Wed, 12 Sep 2001

JP/NGOs push debate on constitutional commission

NGOs push debate on constitutional commission JAKARTA (JP): Nongovernmental organizations (NGOs) are intensively lobbying leaders of political parties at the People's Consultative Assembly (MPR) to agree with the proposed establishment of an independent commission to conduct comprehensive ...

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Wed, 12 Sep 2001

JP/Jaundice may pose serious threat to newborns: Expert

Jaundice may pose serious threat to newborns: ExpertBy Donya Betancourt SANUR, Bali (JP): Some newborns develop a condition called "neonatal jaundice" or "hyperbilirubinemia", which happens to about 25 percent to 60 percent of all newborns.

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Wed, 12 Sep 2001

JP/CPO prices to plummet in September-October period

CPO prices to plummet in September-October period JAKARTA (JP): The price of crude palm oil (CPO) on the international market is expected to dive further from now until October, mainly due to lower demand from India, the world's largest palm oil importer, an executive of the Association of ...

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Wed, 12 Sep 2001

JP/Drop draconian decree: Acehnese

Drop draconian decree: Acehnese JAKARTA (JP): The Acehnese people's call for the revocation of a presidential decree that was used to authorize a military operation in this restive province gets the cold shoulder from Jakarta.Indonesian Military (TNI) Commander Adm. Widodo A.S.

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Wed, 12 Sep 2001

JP/Parties ready for direct presidential election in 2004

Parties ready for direct presidential election in 2004 JAKARTA (JP): Despite ongoing discussions to amend the 1945 Constitution, political parties expressed on Tuesday their readiness to contend a direct presidential election in 2004.

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Wed, 12 Sep 2001

JP/Mega's no-show upsets locals

Mega's no-show upsets locals JAKARTA (JP): The closure of Jl. Agus Salim in anticipation of an appearance by President Megawati Soekarnoputri, has left many people disappointed. President Megawati, scheduled to arrive on Tuesday, failed to make an appearance.

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Wed, 12 Sep 2001

JP/Drug dealer arrested in Bali

Drug dealer arrested in Bali DENPASAR, Bali: Police arrested a suspected drug dealer here on Tuesday, seizing 0.5 kilograms of marijuana found in the man's possession.Bali Police Narcotics Division chief Adj. Sr. Comr.

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Wed, 12 Sep 2001

JP/Get out of the kitchen if it gets too hot

Get out of the kitchen if it gets too hot MANILA: At a dinner with reporters last Friday, Sen. Panfilo Lacson complained that the money laundering and drug trafficking controversy hounding him was taking a toll on his health.

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Wed, 12 Sep 2001

JP/Teenager arrested for murder, rape

Teenager arrested for murder, rape BOGOR (JP): A teenage man was arrested on Tuesday before dawn for the alleged murder and rape of his five-year-old neighbor.

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Wed, 12 Sep 2001

JP/Rupiah Rates Sept.11

Rupiah Rates Sept.11 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,585.00 9,585.00 9,040.00 9,130.

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Wed, 12 Sep 2001

JP/JP/4/TRIBUNAL

JP/4/TRIBUNALFrom lightweight to heavy hitter By Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

More ...

Wed, 12 Sep 2001

JP/JP/4/TRIBUNAL

JP/4/TRIBUNALFrom lightweight to heavy hitter By Abigail Levene THE HAGUE (Reuters): Widely written off as a weakling at its birth eight years ago, the Yugoslavia war crimes tribunal has grown into a force to be reckoned with.

More ...

Wed, 12 Sep 2001

JP/Content of the Investment Policy Reform Initiative:

Content of the Investment Policy Reform Initiative:1. Preparing a National Investment Law to replace existing laws. 2. Shortening the negative investment list. 3. Simplifying procedures in establishing a company. 4.

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Wed, 12 Sep 2001

JP/Police target Senen, Pramuka markets for fake drug raids

Police target Senen, Pramuka markets for fake drug raids JAKARTA (JP): City police are targeting two markets in Central Jakarta and East Jakarta in an attempt to crackdown on the distribution of fake medicines in the capital, an officer said on Tuesday.Spokesman for the Jakarta Police Sr. Comr.

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Wed, 12 Sep 2001

JP/Court asked to sentence Endin to three months imprisonment

Court asked to sentence Endin to three months imprisonment JAKARTA (JP): Endin Wahyudin, a defendant in a defamation case against two Supreme Court justices, expressed his frustration as the prosecutor asked the Central Jakarta District Court on Tuesday to sentence him to three months ...

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Wed, 12 Sep 2001

JP/Gasoline shortage hits several cities

Gasoline shortage hits several cities JAKARTA (JP): Hundreds of cars were seen queuing at ten gasoline stations in the South Sulawesi capital of Makassar on Tuesday following gasoline shortages in the city since Monday.

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Wed, 12 Sep 2001

JP/Probation sentence sought for man tried for slander

Probation sentence sought for man tried for slander JAKARTA (JP): Endin Wahyudin, a defendant in a defamation case against two Supreme Court justices, expressed his frustration as the prosecutor asked the Central Jakarta District Court on Tuesday to sentence him to a three-month suspended jail ...

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