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

Tue, 19 Mar 2002

JP/Sharon cannot crush the Palestinians

Sharon cannot crush the PalestiniansThe Statesman, Asia News Network, Calcutta Time to take a look at another mess, in West Asia, similar to our own in some respects, very different in others.

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Tue, 19 Mar 2002

JP/First payment on 30% stake for BCA due next week

First payment on 30% stake for BCA due next weekThe Jakarta Post, Jakarta American investment firm Farallon Capital Management agreed to pay for the first 30 percent of a stake in Bank Central Asia (BCA) by March 28, the Indonesian Bank Restructuring Agency (IBRA) said on Monday.

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Tue, 19 Mar 2002

JP/Fishermen complain about trawlers, dynamite fishing

Fishermen complain about trawlers, dynamite fishingRendi A. Witular, The Jakarta Post, Jakarta Kepulauan Seribu (Thousand Islands), which became a new regency in November 2001, has been unable to stop illegal trawling and dynamite fishing that is severely damaging its coral reefs.Regent K.

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Tue, 19 Mar 2002

JP/Students stage protests over Buloggate II

Students stage protests over Buloggate IIRendi A. Witular and A'an Suryana, The Jakarta Post, Jakarta Some 3,000 students from various universities staged a protest rally demanding the formation of a special House of Representatives inquiry into the alleged misuse of State Logistics Agency ...

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Tue, 19 Mar 2002

JP/Many buildings badly maintained

Many buildings badly maintained JAKARTA: About 40 percent of the 846 high-rise buildings in the capital are not well maintained, causing discomfort for their tenants, the Indonesian Association of Building Maintenance (APBI) said on Monday.

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Tue, 19 Mar 2002

JP/Millitary's top brass to observe ad hoc trial

Millitary's top brass to observe ad hoc trialTiarma Siboro, The Jakarta Post, Jakarta To offer moral support for soldiers on trial for crimes against humanity in East Timor, the Indonesian Military (TNI) top brass will appear at the Central Jakarta District Court to observe Tuesday's hearings in ...

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Tue, 19 Mar 2002

JP/JP/12/BEJ

JP/12/BEJ.pl .rmStock prices on the Jakarta Stock Exchange (in Rupiah) on March 18, 2002 ------------------------------------------------------------------ Shares Close Change Volume ------------------------------------------------------------------ Ades ...

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Tue, 19 Mar 2002

JP/Saga of the convicted central bank governor

Saga of the convicted central bank governorVincent Lingga, Senior Editor, The Jakarta Post, Jakarta Bank Indonesia, which until early February still rejected Bank Bali claims as ineligible, suddenly reversed its policy.

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Tue, 19 Mar 2002

JP/U.S. praises security in Indonesia

U.S. praises security in IndonesiaThe Jakarta Post, Jakarta U.S. Ambassador to Indonesia Ralph L. Boyce praised the Indonesian government on Monday for its efforts to protect foreign investors in the country, including Americans, but warned that investors were still concerned about the security ...

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Tue, 19 Mar 2002

JP/Time for China to join the G-8

Time for China to join the G-8Frank J. Richter and Pamela Mar, World Economic Forum, The Straits Times, Asia News Network, Singapore It is time for China to become a member of the Group of Eight club of industrialized countries.

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Tue, 19 Mar 2002

JP/The Muslims who do not look like Muslims

The Muslims who do not look like MuslimsUlil Abshar-Abdalla, Head, Research and Human Resource, Development Institute, Nahdlatul Ulama, Jakarta In The Washington Post on March 9, Mona El Tahawy eloquently discussed the stereotypes that have painted Muslims into the rather ridiculous picture of ...

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Tue, 19 Mar 2002

JP/Bill on outer space treaty endorsed

Bill on outer space treaty endorsed JAKARTA: The House of Representatives (DPR) endorsed on Monday a new bill on the 1967 UN Outer Space Treaty during a plenary session led by one of its deputy chairmen, Soetardjo Soerjogoeritno.

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Tue, 19 Mar 2002

JP/KPU casts doubt on 2004 general election

KPU casts doubt on 2004 general electionFabiola Desy Unidjaja, The Jakarta Post, Jakarta Members of General Election Commission (KPU) expressed their doubt on Monday that the next elections would take place in 2004 as scheduled mainly due to legal technicalities.

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Tue, 19 Mar 2002

JP/Rupiah Rates March. 18

Rupiah Rates March. 18 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,483.00 9,483.00 10,033.00 9,933.

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Tue, 19 Mar 2002

JP/Councillors to seek clear roles in autonomous regions

Councillors to seek clear roles in autonomous regionsAsip A. Hasani, The Jakarta Post, Yogyakarta Leaders of the country's provincial legislative councils are to convene a two-day congress in Yogyakarta on Friday, with the main demand being for an affirmation of their role in autonomous ...

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Tue, 19 Mar 2002

JP/Deforestation leaves Dieng Plateau barren

Deforestation leaves Dieng Plateau barrenTertiani ZB Simanjuntak, The Jakarta Post, Wonosobo, Central Java Wonosobo regency, some 120 kilometers west of the provincial capital Semarang, is famed for its scenic Dieng mountain range and well-known for its large teak trees which cover one-third ...

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Tue, 19 Mar 2002

JP/Medan police release two editors

Medan police release two editorsApriadi Gunawan, The Jakarta Post, Medan Medan police officials in North Sumatra announced on Monday that they have freed two editors of a Jakarta Islamic weekly tabloid who were arrested for an article claiming that private noodle firm PT Olagafood produced food ...

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Tue, 19 Mar 2002

JP/Indonesia, Thailand plan barter deal

Indonesia, Thailand plan barter deal JAKARTA: The Indonesian government plans to establish a barter arrangement with the Thai government under which Indonesian railroad cars and ammonia would be swapped for Thai rice, Minister of Industry and Trade Rini M. Soewandi said on Monday.

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Tue, 19 Mar 2002

JP/House sepaker's trial to start on March 25, court announces

House sepaker's trial to start on March 25, court announcesMuninggar Sri Saraswati, The Jakarta Post, Jakarta In contrast to the usual snail's pace of the law, the Central Jakarta District Court announced on Monday that it would begin the trial of House Speaker Akbar Tandjung on March 25 ...

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Tue, 19 Mar 2002

JP/Govt defends move on Aussie correspondent

Govt defends move on Aussie correspondentThe Jakarta Post, Jakarta Indonesia defended on Monday its move not to renew an Australian correspondent's journalist visa, insisting that the decision was merely based on a "technical consular matter" and was in no way a harbinger to stricter control of ...

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Tue, 19 Mar 2002

JP/Team appointed to select IBRA bad debtors

Team appointed to select IBRA bad debtorsThe Jakarta Post, Jakarta The government said it has appointed a team of legal experts to filter out uncooperative debtors from the Indonesian Bank Restructuring Agency (IBRA), paving the way for legal action against them.

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Tue, 19 Mar 2002

JP/Lampung consumers' body to sue PLN

Lampung consumers' body to sue PLNThe Jakarta Post, Oyos Saroso HN, Bandar Lampung The Indonesian Consumers Foundation (YLKI) in Lampung is expected to file a class action lawsuit against state-owned electricity company PT PLN following complaints from hundreds of electricity consumers over its ...

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Tue, 19 Mar 2002

JP/Let's do it right

Let's do it right Indonesia finally has begun prosecuting the military soldiers, police officers and government officials in charge of East Timor in 1999, the year the territory overwhelmingly voted to become an independent nation.

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Tue, 19 Mar 2002

JP/Muslim scholars warn 'syariah' revivalism

Muslim scholars warn 'syariah' revivalismA'an Suryana, The Jakarta Post, Jakarta Religious scholars expressed concern on Monday over mounting efforts by devout Muslims to demand the imposition of syariah (Islamic law) in their respective regions throughout the country.

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Tue, 19 Mar 2002

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in Rupiah) on March 18, 2002 Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,125 ...

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Tue, 19 Mar 2002

JP/Obituary

Obituary Former student movement figure David Napitupulu died here on Monday at the age of 67.Known for his role in the 1966 movement, which led to the fall of first President Sukarno, David drew his last breath on Monday afternoon at the Metropolitan Medical Center (MMC), South Jakarta, after ...

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Tue, 19 Mar 2002

jp/Subiakto enters police custody: The Jakarta Police detained

Subiakto enters police custody: The Jakarta Police detained former State Minister of Cooperatives and Small and Medium Enterprises Subiakto Tjakrawerdaya on Monday night for his alleged role in a Rp 10 billion scam at his office employees' cooperatives unit.

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Tue, 19 Mar 2002

JP/Where to go in Bandung:

Where to go in Bandung:Performances* Dance Drama Lenggang Kencana, Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Tel. 022 4233562), 8 p.m., March 23-24. * Puppet Show, Taman Budaya (West Java Cultural Center), Jl. Bukit Dago Selatan no. 53 A (Tel. 022 2504912), 7:30 p.m.

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Tue, 19 Mar 2002

JP/Indonesia seeks to protect rights of arrested citizens

Indonesia seeks to protect rights of arrested citizensThe Jakarta Post, Jakarta Indonesia is seeking to protect the rights of three Indonesians recently arrested in the Philippines for carrying components to make bombs, Minister of Foreign Affairs Hassan Wirayuda said on Monday.

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Tue, 19 Mar 2002

JP/Andrean fights hard but finally succumbs

Andrean fights hard but finally succumbsMusthofid, The Jakarta Post, Jakarta Andrean Susilodinata went down to Alexandra Kosteniuk from Russia in the first game of the Japfa Chess Match at the VOC Cafe and Gallery in North Jakarta on Monday.

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Tue, 19 Mar 2002

JP/Regressing into the past?

Regressing into the past? The government's refusal to extend the visa of Lindsay Murdoch, a senior correspondent for the Australian newspapers The Age and The Sydney Morning Herald comes like a bolt of lightning amid a clear blue sky -- all the more so, since Jakarta has stubbornly refused to ...

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Tue, 19 Mar 2002

JP/No clues on alleged political party scam

No clues on alleged political party scamThe Jakarta Post, Jakarta The General Election Commission (KPU) is unable to shed any light on an alleged financial scandal involving major political parties during the 1999 polls due to a lack of supporting data, a commission member said on Monday.

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Tue, 19 Mar 2002

JP/Pedicab drivers sent to jail

Pedicab drivers sent to jail JAKARTA: The Central Jakarta District Court sentenced four defendants to one year in jail and nine months for three others on Monday for being involved in the murder of a civilian guard during last August's riots in the areas of Roxy and nearby Grogol, West Jakarta.

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Tue, 19 Mar 2002

JP/JP/1/MEDIA

JP/1/MEDIARI defends stance on Australian correspondentThe Jakarta Post JakartaIndonesia defended on Monday its move not to renew an Australian correspondent's journalist visa, insisting that the decision was merely based on a "technical consular matter" and was in no way a harbinger to stricter ...

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Tue, 19 Mar 2002

JP/Succession problems

Succession problems Succession within institutions or enterprises, private or public, are not always as smooth as one would hope. Take, for example, the problems of state-owned railway company (PT KAI) and Garuda Indonesian Airways (PT Garuda) in replacing departing directors.

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Tue, 19 Mar 2002

JP/TV Program: Tuesday March 19, 2002

TV Program: Tuesday March 19, 2002TVRI .TB.30" .90"5:00 a.m. Religious Teachings6:00 News 8:00 Environment8:30 Children's Program9:00 Cooking Program10:00 News11:00 Regional News11:30 Music1:00 p.m.

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Tue, 19 Mar 2002

JP/Use of Lysol

Use of Lysol To prevent the spread of leptospirosis, health minister Achmad Sujudi has called on the public to spray their houses with Lysol, have their garbage taken away and put some chlorine into clean water. One thing to be careful about in this respect is the use of Lysol.

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Tue, 19 Mar 2002

JP/Megawati updated on smuggling case

Megawati updated on smuggling caseNana Rukmana, The Jakarta Post, Cirebon Unsatisfactory with the way Cirebon Customs and Excise handled the 19 containers with allegedly smuggled goods at the port, the municipality's Legislative Council has reported the case to President Megawati Soekarnoputri.

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Tue, 19 Mar 2002

JP/Danger as U.S. refuses to reject its myopic unilateralism

Danger as U.S. refuses to reject its myopic unilateralismXin Bei, China Daily, Asia News Network, Beijing As the six-month anniversary of the Sept. 11 terrorist attacks spurred American people to reflect mournfully, the Bush administration was eager to pick up its unilateral approach again.

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Tue, 19 Mar 2002

JP/Governor denies bribing councillors on budget speech

Governor denies bribing councillors on budget speechAhmad Junaidi, The Jakarta Post, Jakarta Chairman of the Jakarta Residents Forum (Fakta), a non- governmental organization, Azas Tigor Nainggolan revealed on Monday that some councillors had turned down money offered by Governor Sutiyoso to ...

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Tue, 19 Mar 2002

JP/Ceramic exhibiton takes inspiration from the past

Ceramic exhibiton takes inspiration from the pastMehru Jaffer, Contributor, Jakarta The on-going exhibition of pots, plates, tiles and tableware at the Erasmus Huis is a minimal one. But it tells the long story of four centuries of ceramics in the Netherlands.

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Tue, 19 Mar 2002

JP/Rupiah Rates March. 18

Rupiah Rates March. 18 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,483.00 9,483.00 10,033.00 9,933.

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Tue, 19 Mar 2002

JP/Southeast Asian press needs to retaliate

Southeast Asian press needs to retaliateEnrico Aditjondro and Solahudin, Southeast Asian Press Alliance, Jakarta Old habits die hard. Most of us journalists in Southeast Asia understand that the state-sponsored press suppression does not go away easily.

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Tue, 19 Mar 2002

JP/Dedication key for Manggarai floodgate keeper

Dedication key for Manggarai floodgate keeperEndang Roh Suciati, Contributor, Jakarta The garbage piles up on the water's surface surrounding the Manggarai floodgate in South Jakarta. Workers dredge up tons of waste, but new garbage continues to float down the Ciliwung river.

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Tue, 19 Mar 2002

JP/Oil firms confused by VAT rulings

Oil firms confused by VAT rulingsMoch. N. Kurniawan, The Jakarta Post, Jakarta Oil and gas companies operating in Indonesia have been confused by two conflicting rulings issued by a special government agency in a tax dispute case, according to the president of the Indonesian Petroleum Association ...

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Tue, 19 Mar 2002

JP/Woman gets three years for graft

Woman gets three years for graftMuninggar Sri Saraswati, The Jakarta Post, Jakarta A former bank employee was sentenced on Monday to three years in jail for embezzlement that caused the state to indirectly suffer financial losses of Rp 1.54 billion (US$154,000).

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Tue, 19 Mar 2002

JP/Apartments occupy N. Jakarta historical area

Apartments occupy N. Jakarta historical areaBambang N. Nurbianto, The Jakarta Post, Jakarta Inspired by success stories in many other countries, the Jakarta city administration launched in 1990 a preservation project for various historical sites close to Sunda Kelapa harbor in order to boost ...

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Tue, 19 Mar 2002

JP/Jambi police detain palm oil hoarders

Jambi police detain palm oil hoarders JAMBI, Jambi: Batanghari district police in the province of Jambi have intensified efforts to uncover those involved in a network stockpiling crude palm oil, following the arrest of two suspects.Batanghari Police Chief Adj. Sr. Comr.

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Tue, 19 Mar 2002

JP/Textile exhibition to begin Tuesday

Textile exhibition to begin Tuesday JAKARTA: To commemorate the 25th anniversary of the Textile Museum on Jl. K.S. Tubun, Central Jakarta, the Association for Admirers of Traditional Textiles is holding its Wastraprema Exhibition featuring textiles from all over Indonesia.

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Tue, 19 Mar 2002

JP/House fails to set up own inquiry on Bulog scandal

House fails to set up own inquiry on Bulog scandalKurniawan Hari, The Jakarta Post, Jakarta Indonesia's efforts to seek justice against House of Representatives Speaker Akbar Tandjung for his alleged involvement in a high-profile financial scandal encountered yet another setback on Monday.

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Tue, 19 Mar 2002

JP/Bosnia-Herzegovina has new envoy

Bosnia-Herzegovina has new envoy JAKARTA: President Megawati Soekarnoputri received the credentials of Zdravko Rajic, Bosnia-Herzegovina's new ambassador to Indonesia, at the State Palace on Monday.

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Tue, 19 Mar 2002

JP/Japan mulls issuing travel warning for tourists to Bali

Japan mulls issuing travel warning for tourists to BaliI Wayan Juniartha, The Jakarta Post, Denpasar Due to an increasing number of sexual assaults on Japanese women in Bali over the last few months, the Japanese government was considering the possibility of issuing an official travel advisory ...

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Tue, 19 Mar 2002

JP/Activists plan to sue Malaysia over haze

Activists plan to sue Malaysia over hazeApriadi Gunawan, The Jakarta Post, Medan Environmental activists, fishermen and legal experts in the North Sumatra capital of Medan lashed out at Malaysia on Monday over the haze from forest fires there, which continued to blanket the city in recent days.

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Tue, 19 Mar 2002

JP/Labor union opposes Indosat sale plan

Labor union opposes Indosat sale planDebbie A. Lubis, The Jakarta Post, Jakarta In another sign of what appears to be an emerging trend among labor unions in opposing the government's crucial privatization program, the labor union representing the workers of state-owned post and ...

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