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

Wed, 28 Aug 2002

JP/SMU graduates may run for president

SMU graduates may run for presidentThe Jakarta Post, Jakarta To become president of the world's fourth largest country, it will be sufficient to have graduated from senior high school.

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Wed, 28 Aug 2002

JP/The dilemma IBRA faces in resolving bad loans

The dilemma IBRA faces in resolving bad loansVincent Lingga, Senior Editor, The Jakarta Post, Jakarta Raising revenues for the state budget is only one of the objectives of the Indonesian Bank Restructuring Agency's (IBRA) massive auction sale of Rp 135.

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Wed, 28 Aug 2002

JP/Slaughterhouses play down fear of anthrax outbreak

Slaughterhouses play down fear of anthrax outbreakNovan Iman Santosa and Muninggar Sri Saraswati, The Jakarta Post, Jakarta Workers at city slaughterhouses played down on Tuesday the fear that anthrax-infected cattle or meat could enter Jakarta, pointing to the measures in place to prevent such ...

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Wed, 28 Aug 2002

JP/Nature's Warnings to the Johannesburg Summiteers

Nature's Warnings to the Johannesburg SummiteersJeffrey D. Sachs Professor of economics and Director of the Earth Institute Columbia University Project Syndicate Nature's awesome powers have been on frightening display lately.

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Wed, 28 Aug 2002

JP/Establishment of investors association a must

Establishment of investors association a must------------------------------------------------------------------ More than 6,000 people invested a total of at least Rp 500 billion (US$55,5 million) into an agribusiness firm controlled by private firm PT Qurnia Subur Alam Raya (PT QSAR) which ...

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Wed, 28 Aug 2002

JP/17 TKIs have died in Nunukan camps: Officials

17 TKIs have died in Nunukan camps: OfficialsThe Jakarta Post, Jakarta At least 17 Indonesian workers (TKIs) evicted from Malaysia have died of dysentery, diarrhea, and asthma in refugee camps in Nunukan regency, East Kalimantan, a local government official says.

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Wed, 28 Aug 2002

JP/Papuan forests 'must be saved'

Papuan forests 'must be saved' JAYAPURA, Papua: Papua Governor Jaap P. Salossa has asked governmental agencies and all communities to help save protected forests in the province.

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Wed, 28 Aug 2002

JP/North Sumatra governor orders investigation of truck smuggling

North Sumatra governor orders investigation of truck smugglingApriadi Gunawan, The Jakarta Post, Medan North Sumatra Governor T.

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Wed, 28 Aug 2002

JP/Megawati rules out Cabinet revamp

Megawati rules out Cabinet revampThe Jakarta Post, Jakarta President Megawati Soekarnoputri rejected on Tuesday demands by her Indonesian Democratic Party of Struggle (PDI Perjuangan) to reshuffle her one-year-old Cabinet, dismissing the proposal as a waste of time the government could not afford.

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Wed, 28 Aug 2002

JP/Stop political row with Malaysia: Megawati

Stop political row with Malaysia: MegawatiFabiola Desy Unidjaja and Ainur R. Sophiaan, The Jakarta Post, Jakarta/Surabaya President Megawati Soekarnoputri on Tuesday stepped in to defuse the ongoing row with neighboring Malaysia, and urged an immediate resolution of the illegal migrants issue.

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Wed, 28 Aug 2002

JP/Foreign firms face tax probe

Foreign firms face tax probeThe Jakarta Post, Jakarta The Directorate General of Taxation is investigating some 250 foreign investment companies that claim to have been operating in the red since 1997 and cannot pay income tax.M.

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Wed, 28 Aug 2002

JP/Wang Zhizhi out of Chinese squad for world championships

Wang Zhizhi out of Chinese squad for world championshipsAgence France-Presse, Beijing Chinese basketball authorities on Tuesday dumped star centre Wang Zhizhi from the national squad for next month's world championships, citing the star's supposed lack of patriotism.

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Wed, 28 Aug 2002

JP/Tourists beware

Tourists beware I am a tourist from Japan, and last Friday, while on a public intercity bus from Probbolingo to Situbondo in East Java, I had my backpack stolen. With this letter, I would like to warn anyone else, especially tourists, about how they set the trap, so it won't happen again.

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Wed, 28 Aug 2002

JP/RI must learn from illegal migrant issue

RI must learn from illegal migrant issuePhilips Jusario Vermonte, Researcher, Centre for Strategic and International Studies, Jakarta The issue of illegal workers has reached new heights over the past few days.

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Wed, 28 Aug 2002

JP/Investors association a must

Investors association a must More than 6,000 people invested a total of at least Rp 500 billion (US$55,5 million) into an agribusiness firm controlled by private firm PT Qurnia Subur Alam Raya (PT QSAR) which promised good dividends.

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Wed, 28 Aug 2002

JP/Violence closes Makassar university

Violence closes Makassar universityJupriadi, The Jakarta Post, Makassar Hasanuddin University campus was closed for three days following mounting conflict between students on Tuesday, which left more students and a lecturer injured.

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Wed, 28 Aug 2002

JP/Megawati calls on legislators to report their wealth

Megawati calls on legislators to report their wealthFabiola Desy Unidjaja, The Jakarta Post, Jakarta Indonesian Democratic Party of Struggle (PDI Perjuangan) chairwoman Megawati Soekarnoputri has called on the party's legislators who have not submitted their wealth report to do so immediately.

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Wed, 28 Aug 2002

JP/'Mystical power exists but I don't see psychics'

'Mystical power exists but I don't see psychics' The fact that one never visits a psychic does not necessarily mean he or she does not believe in mystical power.

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Wed, 28 Aug 2002

JP/New Zealand launches latest model of yacht

New Zealand launches latest model of yachtAgence France-Presse, Auckland America's Cup defender Team New Zealand launched its latest yacht late Monday as it bids to keep sport's oldest trophy Down Under for the third time in a row.

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Wed, 28 Aug 2002

JP/Ten Chinese people arrested

Ten Chinese people arrested BOGOR: Ten Chinese citizens have been arrested in Bogor and Sukabumi in the past two months for immigration violations.The head of the Bogor immigration office, T.

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Wed, 28 Aug 2002

JP/Where to go in Surabaya, for Wednesday, August 28, 2001

Where to go in Surabaya, for Wednesday, August 28, 2001Performances* Piano and Flute Concert, Majapahit Hotel, Jl. Tunjungan 65 (Tel. 031 545 4333), 7 p.m., Aug. 28. * Music by Jet Set group band, at Desperados Bar and Cafe, Shangri-La Hotel, Jl. May. Jend. Sungkono 120 (Tel.

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Wed, 28 Aug 2002

JP/Food poisoning common in Bogor regency

Food poisoning common in Bogor regencyMoch. N. Kurniawan, The Jakarta Post, Jakarta Almost half the restaurants in Bogor regency serve food that is prepared unhygienically, an official revealed on Tuesday.

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Wed, 28 Aug 2002

JP/In search of ancestral origin

In search of ancestral originSri Wahyuni, The Jakarta Post, Yogyakarta Becoming a paleoanthropologist, a somewhat rare profession nowadays, had never been Teuku Jacob's childhood dream.In fact, Jacob did not find anthropology very interesting until he was a college student.

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Wed, 28 Aug 2002

JP/Police seize one ton of heroin near Medan

Police seize one ton of heroin near MedanApriadi Gunawan, The Jakarta Post, Medan Greater Medan Police officers confiscated nearly 1 ton of heroin on Tuesday in one of the country's largest drug hauls ever.

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Wed, 28 Aug 2002

JP/Commitment to reform key to graduate from IMF

Commitment to reform key to graduate from IMFA'an Suryana, The Jakarta Post, Jakarta The government must prove it has the political will and discipline to continue implementing difficult economic reform measures if its wants the country to graduate from the International Monetary Fund (IMF) ...

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Wed, 28 Aug 2002

JP/West Java bus fire victims to receive compensation

West Java bus fire victims to receive compensationNana Rukmana, The Jakarta Post, Cirebon The state road accident insurance company PT Jasa Raharja was set to pay on Wednesday a total of Rp 220 million (US$22,222) in compensation for all victims of the explosion in a passenger bus in Indramayu, ...

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Wed, 28 Aug 2002

JP/Veterans Thompson, Malchow lead U.S. to gold at Pan Pacs

Veterans Thompson, Malchow lead U.S. to gold at Pan PacsJim Armstrong, Associated Press, Yokohama, Japan Veteran Jenny Thompson won the women's 50-meters freestyle Tuesday while fellow American and Olympic champion Tom Malchow upstaged world-record holder Michael Phelps in the 200 backstroke at ...

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Wed, 28 Aug 2002

JP/20 states to play in Indonesia Open

20 states to play in Indonesia OpenAinur R. Sophiaan, The Jakarta Post, Surabaya The best players from 20 countries including China, which has been absent since 1997, will participate in the US$170,000 Sanyo Indonesia Open 2002 badminton championship starting here today.

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Wed, 28 Aug 2002

JP/Sutiyoso to withdraw flood fund

Sutiyoso to withdraw flood fund JAKARTA: Governor Sutiyoso has said he has ordered his staff to withdraw the Rp 4.2 billion flood fund managed by the Institute of Civic Education in Indonesia (ICE in Indonesia) chaired by TV host Irma Hutabarat.

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Wed, 28 Aug 2002

JP/TNI will not let go of its political grip

TNI will not let go of its political gripDewi Anggraeni, Contributor, Melbourne, Australia The Indonesian Military (TNI) has repeatedly expresses hopes of more professionalism within its ranks.

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Wed, 28 Aug 2002

JP/Should parents let children keep pets at home?

Should parents let children keep pets at home?Donya Betancourt, Pediatrician, drdonya@hotmail.com Children are good with animals, especially when given the chance to have a pet.However, there are a few things to be concerned about when selecting a pet for your child.

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Wed, 28 Aug 2002

JP/QSAR did not follow proper procedures: Bapepam

QSAR did not follow proper procedures: BapepamThe Jakarta Post, Jakarta The Capital Market Supervisory Agency (Bapepam) said that agribusiness company PT Qurnia Alam Raya (QSAR) had not followed proper procedures in raising funds from public investors.

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Wed, 28 Aug 2002

JP/A tribute to Suzana Murni

A tribute to Suzana Murni Chris Green's article about the late Suzana Murni (The Jakarta Post Aug. 23) combines compassion for the AIDS activist and clarity about the intimidating killer scourge.

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Wed, 28 Aug 2002

JP/RI takes third place at World Youth Chess Olympiad

RI takes third place at World Youth Chess OlympiadMusthofid, The Jakarta Post, Kuala Lumpur The Indonesian junior chess team capped its first participation in the World Youth U-16 Chess Olympiad with a remarkable achievement, finishing in third place at the eight-day tournament, which ended on ...

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Wed, 28 Aug 2002

JP/Treating epilepsy, with or without medication

Treating epilepsy, with or without medication Dear Dr. Donya,I like reading your column in The Jakarta Post and hope you don't mind my raising my own problem/with you.My daughter has just been diagnosed as having epilepsy.

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Wed, 28 Aug 2002

JP/Two policemen killed in Majalengka

Two policemen killed in Majalengka CIREBON, West Java: Two plainclothes police officers were killed by a mob in the West Java town of Majalengka after being mistaken for motorcycle thieves.The chief of the Majalengka Police, Adj. Sr. Comr.

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Wed, 28 Aug 2002

JP/TV Program: Wednesday, August 28, 2002

TV Program: Wednesday, August 28, 2002.TB.30" 1.00" TVRI 5:00 a.m. Religious Teachings6:00 News 8:30 Music9:00 Technology9:30 Music10:30 Documentary11:00 Regional News11:30 Music12:00 p.m.

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Wed, 28 Aug 2002

JP/Authentic Makassar cuisine comes to Jakarta

Authentic Makassar cuisine comes to JakartaEndang Miroso, Contributor, Jakarta For those who crave authentic dishes, desserts and snacks from Makasar or for anyone who just wants to try tasting the traditional Makasar dishes, H. Mamink Daeng Tata is the place to visit.Location: There are three H.

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Wed, 28 Aug 2002

JP/Slaughterhouses play down fear of anthrax outbreak in Jakarta

Slaughterhouses play down fear of anthrax outbreak in JakartaNovan Iman Santosa and Muninggar Sri Saraswati The Jakarta Post JakartaWorkers at city slaughterhouses played down on Tuesday the fear that anthrax-infected cattle or meat could enter Jakarta, pointing to the measures in place to ...

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Wed, 28 Aug 2002

JP/Malay cuisine by Malaysian chefs at Marriott Hotel

Malay cuisine by Malaysian chefs at Marriott HotelMaria Endah Hulupi, The Jakarta Post, Jakarta It should come as no surprise that Indonesian cuisine is similar to that of neighboring Malaysian cuisine.

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Wed, 28 Aug 2002

JP/Autonomy at local party level urgent, expert says

Autonomy at local party level urgent, expert saysAti Nurbaiti, The Jakarta Post, Jakarta Autonomy of political parties at the local level was urgent given the legacy of centralized patterns in political party management, political analyst Arbi Sanit said on Tuesday.

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Wed, 28 Aug 2002

JP/High stakes in Southeast Asia with regard to Beijing, Taipei rivalry

High stakes in Southeast Asia with regard to Beijing, Taipei rivalryKavi Chongkittavorn, The Nation, Asia News Network, Bangkok For the first time since 1972, Southeast Asian countries are facing a serious dilemma in juggling their relations with China and Taiwan. The reasons are obvious.

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Wed, 28 Aug 2002

JP/Air Force pilot killed in freak accident

Air Force pilot killed in freak accident JAKARTA: An Indonesian Air Force pilot died in a freak accident on Tuesday after he was hit by the rotor blades of his helicopter in West Java.

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Wed, 28 Aug 2002

JP/The dilemma IBRA faces in resolving bad loans

The dilemma IBRA faces in resolving bad loansVincent Lingga Senior Editor The Jakarta Post Jakarta Raising revenues for the state budget is only one of the objectives of the Indonesian Bank Restructuring Agency's (IBRA) massive auction sale of Rp 135.

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Wed, 28 Aug 2002

JP/Physics still have a say in lives of modern people

Physics still have a say in lives of modern peopleMuninggar Sri Saraswati, The Jakarta Post, Jakarta Most people relate modernity with rationality, but reality is rarely that simple.

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Wed, 28 Aug 2002

JP/Japan-sponsored project may be canceled

Japan-sponsored project may be canceled DENPASAR, Bali: A waste water treatment project in Sawung to be financed by a Rp 400 million grant from the Japanese government is expected to be canceled due to protests from local residents.

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Wed, 28 Aug 2002

JP/Lawmakers eye at least 10 bills this sitting

Lawmakers eye at least 10 bills this sittingBerni K. Moestafa, The Jakarta Post, Jakarta Thirty-six bills, including the crucial political bills and others submitted more than two years ago, are still stalled in the nation's legislature, better known for its outspokenness than its productivity.

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Wed, 28 Aug 2002

JP/PDI Perjuangan wants simultaneous elections in 2004

PDI Perjuangan wants simultaneous elections in 2004Fabiola Desy Unidjaja and Muhammad Nafik, The Jakarta Post, Jakarta President Megawati Soekarnoputri's Indonesian Democratic Party of Struggle (PDI Perjuangan) has backed calls for both presidential and legislative elections to take place at the ...

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Wed, 28 Aug 2002

JP/The face of our justice

The face of our justice As disappointing as the rulings that came out of the first set of trials of Indonesian government officials and military/police officers accused of crimes against humanity in East Timor in 1999, they are hardly surprising.

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Wed, 28 Aug 2002

JP/Bapepam to stop accounting scams

Bapepam to stop accounting scamsDadan Wijaksana, The Jakarta Post, Jakarta Learning the lessons from a string of financial scandals in the U.S., the Capital Market Supervisory Agency (Bapepam) is drafting new regulations for accounting firms.

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Wed, 28 Aug 2002

JP/Angie stuns spectators with defeat of Kournikova

Angie stuns spectators with defeat of KournikovaJim Slater, Agence France-Presse, New York Rising Indonesian tennis player Angelique "Angie" Widjaja stunned spectators and tennis observers by defeating Russian Anna Kournikova in the opening round of the U.S. Open here on Monday.

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Wed, 28 Aug 2002

JP/City fails to meet target on low-cost apartments

City fails to meet target on low-cost apartmentsBambang Nurbianto, The Jakarta Post, Jakarta The city administration will very likely fail to meet the target for the development of low-cost housing for low income families, as it has only managed to build 340 apartments from the 2,150 planned for ...

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Wed, 28 Aug 2002

JP/UI installs Usman as new rector

UI installs Usman as new rectorThe Jakarta Post, Jakarta The University of Indonesia's (UI) board of trustees installed on Tuesday newly elected rector Usman Chatib Warsa to lead the university for the next five years.

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Wed, 28 Aug 2002

JP/TV Program: Wednesday, August 28, 2002

TV Program: Wednesday, August 28, 2002.TB.30" 1.00" TVRI 5:00 a.m. Religious Teachings6:00 News 8:30 Music9:00 Technology9:30 Music10:30 Documentary11:00 Regional News11:30 Music12:00 p.m.

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Wed, 28 Aug 2002

JP/Burns wants spectator safety improved in Germany

Burns wants spectator safety improved in Germany Gary Emmerson Reuters Trier, GermanyWorld champion Richard Burns has called for improved safety measures after the inaugural Rally of Germany at the weekend.

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Wed, 28 Aug 2002

JP/RI into semifinals of bridge's Rosenblum Cup

RI into semifinals of bridge's Rosenblum CupThe Jakarta Post, Jakarta The Indonesian team at the Rosenblum Cup in Montreal, Canada, has secured a place in the semifinals of the international bridge tournament, a report said on Tuesday.

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Wed, 28 Aug 2002

JP/Lending a hand to stop maternal deaths

Lending a hand to stop maternal deathsMaria Endah Hulupi, The Jakarta Post, Jakarta Cicih was in the late stages of pregnancy and her past experiences told her that it was time for her to deliver her baby.

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Wed, 28 Aug 2002

JP/Court rejects arbitration ruling on Karaha

Court rejects arbitration ruling on KarahaJohannes Simbolon, The Jakarta Post, Jakarta The Central Jakarta District Court overruled Thursday an international arbitration panel's decision ordering state oil and gas company Pertamina to pay US$261 million compensation to independent power producer ...

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Wed, 28 Aug 2002

JP/Timor verdicts shows New Order's game

Timor verdicts shows New Order's gameAboeprijadi Santoso, Radio Netherlands, Amsterdam The controversy on the verdicts on human rights crimes committed in East Timor in 1999 suggests that Timor's painful legacy continues to affect its former occupying country.

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