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

Fri, 17 Dec 2004

JP/New TOEFL scraps grammar section

New TOEFL scraps grammar sectionSari P. Setiogi, The Jakarta Post, JakartaThe Test of English as a Foreign Language (TOEFL) is to be reintroduced in September 2005 with a new assessment section on speaking skills, a seminar has announced.

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Fri, 17 Dec 2004

JP/Newmont refutes team's report

Newmont refutes team's report JAKARTA: PT Newmont Minahasa Raya refuted on Thursday the verified report of a government-sanctioned joint team on the alleged contamination of Buyat Bay with the company's tailings.

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Fri, 17 Dec 2004

JP/DPD's role? Empowering itself ...

DPD's role? Empowering itself ... The Jakarta Post JakartaThe dream for better legislative representation appeared to have come true when the People's Consultative Assembly (MPR) agreed in 2002 to adopt a bicameral legislative system.

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Fri, 17 Dec 2004

JP/Disenfranchised victims: Children of violent homes

Disenfranchised victims: Children of violent homesAndayani, Jakarta The last decade has been marked by an increasing awareness of domestic violence in Indonesia. On Sept.

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Fri, 17 Dec 2004

JP/Global powers wrestling with the future

Global powers wrestling with the futureRalf Dahrendorf, Project Syndicate Looking back over the turbulent year that is now coming to an end, one is tempted to focus on what American leaders have come to call the Greater Middle East.

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Fri, 17 Dec 2004

JP/ADB, World Bank to extend new loans to help finance budget deficit

ADB, World Bank to extend new loans to help finance budget deficitThe Jakarta Post, JakartaIndonesia is set to receive loan packages from the Asian Development Bank (ADB) and the World Bank to help finance its budget deficit and implement reform in budget auditing.

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Fri, 17 Dec 2004

JP/Where to go in Jakarta: Friday, December 17, 2004

Where to go in Jakarta: Friday, December 17, 2004Exhibitions* Photo The Master Class Klavdij Sluban, Oktagon Gallery, Jl. Gunung Sahari Raya No. 50A, Central Jakarta, until Dec. 22. * The Hungry Box: the endless interiors of MVRDV, Erasmus Huis, Jl. H.R.

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Fri, 17 Dec 2004

JP/Scholars preserve mangrove forests

Scholars preserve mangrove forests BOGOR: The Bogor Institute of Agriculture (IPB), the University of Indonesia and Indonesia Christian University have taken the initiative to preserve the mangrove forests in Muara Angke Kapuk, West Jakarta.

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Fri, 17 Dec 2004

JP/Chinese media are beginning to assert itself

Chinese media are beginning to assert itselfHarry Bhaskara, The Jakarta Post, Beijing This is the sixth article in a series based on a visit by six Indonesian journalists, including one from The Jakarta Post, to China courtesy of the Foreign Affairs Ministry of China.

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Fri, 17 Dec 2004

JP/25% population in Yogya jobless

25% population in Yogya jobless YOGYAKARTA: Twenty-one percent out of a total of 2.5 million people in Yogyakarta are effectively unemployed, the province's Manpower and Transmigration Office says.

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Fri, 17 Dec 2004

JP/JP/5/COUNCIL

JP/5/COUNCILCouncillors face uphill battle against graft charges A'an Suryana The Jakarta Post/JakartaThe 10 people who came to the Attorney General's Office here as representatives of councillors nationwide were kept waiting in a meeting room for more than 30 minutes.

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Fri, 17 Dec 2004

JP/'Reza fled airport to evade media'

'Reza fled airport to evade media'Multa Fidrus and Evi Mariani, The Jakarta Post, Jakarta/TangerangSinger Reza Artamevia was not kidnapped but fled the Soekarno- Hatta International Airport to avoid journalists who had been waiting for her, an airport security official said on Thursday.

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Fri, 17 Dec 2004

JP/Dubya the Victorious and E. Asia

Dubya the Victorious and E. AsiaLee Kuan Yew, The Straits Times, Asia News Network, SingaporeNever before has a presidential election in the United States so absorbed the leaders of Asia as did this one. A new president would have affected the prospects for the security and the economies of Asia.

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Fri, 17 Dec 2004

JP/Officials keep gift giving under wraps

Officials keep gift giving under wraps Muninggar Sri Saraswati The Jakarta Post/JakartaGovernment officials are accustomed to gift giving and will not easily give it up, the Corruption Eradication Commission (KPK) was recently told.

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Fri, 17 Dec 2004

JP/City asked to curb proposed funds for busway project

City asked to curb proposed funds for busway projectDamar Harsanto, The Jakarta Post, JakartaThe City Council has asked Governor Sutiyoso to reduce the proposed fund for the construction of the busway corridor from Pulogadung bus terminal in East Jakarta to Kalideres, West Jakarta.

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Fri, 17 Dec 2004

JP/Taman Rasuna is best apartment

Taman Rasuna is best apartment JAKARTA: The City Housing Agency declared on Wednesday the Taman Rasuna apartments in Kuningan area, South Jakarta, the best managed apartment in the city.

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Fri, 17 Dec 2004

JP/Chauvinistic verdict

Chauvinistic verdictIndonesia after Soeharto is full of surprises. Almost daily we are greeted by more surprises, both pleasant and unpleasant. We woke up on Thursday to yet another surprise, this one supplied by the Constitutional Court: it had annulled Electricity Law No. 20/2002.

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Fri, 17 Dec 2004

JP/Gresik to remain in govt control: Minister

Gresik to remain in govt control: MinisterUrip Hudiono and Rendi A. Witoelar, The Jakarta Post, JakartaThe government has decided that it will retain its 51 percent controlling stake in the country's largest cement producer PT Semen Gresik (SG), a senior economic minister said.

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Fri, 17 Dec 2004

JP/Ba'asyir prosecution dealt major blow

Ba'asyir prosecution dealt major blowTony Hotland, The Jakarta Post, JakartaThe prosecutors' bid to link Abu Bakar Ba'asyir to the Jamaah Islamiyah (JI) group blamed for a series of bomb attacks in the country was dealt a major blow on Thursday after three key witnesses withdrew earlier statements ...

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Fri, 17 Dec 2004

JP/Where to go in Jakarta: Friday, December 17, 2004

Where to go in Jakarta: Friday, December 17, 2004Exhibitions* Photo The Master Class Klavdij Sluban, Oktagon Gallery, Jl. Gunung Sahari Raya No. 50A, Central Jakarta, until Dec. 22. * The Hungry Box: the endless interiors of MVRDV, Erasmus Huis, Jl. H.R.

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Fri, 17 Dec 2004

JP/Banten governor quizzed over graft

Banten governor quizzed over graftMulta Fidrus, The Jakarta Post, TangerangBanten Governor Djoko Munandar was questioned as witness in a graft case on Thursday at the prosecutor's office, which has tightened its security following several threatening phone calls to the office.

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Fri, 17 Dec 2004

JP/Bank Global bond holders may lose all

Bank Global bond holders may lose allThe Jakarta Post, JakartaOver a dozen big Bank Global Internasional bond holders, many of them pension funds, may lose the millions they have invested if the central bank finally decides to shut down the scandal-ridden bank, whose managers have been accused of ...

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Fri, 17 Dec 2004

JP/Weather bureau warns of downpours, floods

Weather bureau warns of downpours, floodsBambang Nurbianto, The Jakarta Post, JakartaThe Meteorology and Geophysics Agency (BMG) has warned residents about taking measures over the next two weeks to anticipate possible flooding in major parts of the city, as heavy rains are expected to hit in early ...

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Fri, 17 Dec 2004

JP/Students injured in campus clash

Students injured in campus clashAndi Hajramurni, The Jakarta Post, MakassarEngineering took on the social sciences on Thursday as hundreds of students at the University of Hasanuddin here ran amok, leaving a dozen people injured, one seriously.The all-out brawl, which started at about 2 p.m.

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Fri, 17 Dec 2004

JP/Media people criticized for lack of solidarity

Media people criticized for lack of solidarityKurniawan Hari, The Jakarta Post, Jakarta Prominent lawyer Nono Anwar Makarim criticized the Indonesian media on Thursday for its lack of cohesion in putting pressure on the government and the House of Representatives to revise existing laws that are ...

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Fri, 17 Dec 2004

JP/Fishermen complain over low fish output

Fishermen complain over low fish output PALU, Central Sulawesi: Fish catches in the Palu Gulf had dropped dramatically during the past two years because of sand dredging in the area, fishermen said on Thursday.

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Fri, 17 Dec 2004

JP/Terror alerts 'putting off tourists'

Terror alerts 'putting off tourists'Eva C. Komandjaja, The Jakarta Post, JakartaRenewed warnings by Western states of an imminent terrorist strike in Indonesia have prompted some foreigners to cancel planned trips to the country, tourism operators said on Thursday.

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Fri, 17 Dec 2004

JP/S'pore schools protect int'l students' fees

S'pore schools protect int'l students' fees JAKARTA: As many as 102 private education organizations (PEOs) in Singapore have signed up for the so-termed student protection scheme, which is expected to protect international students' fees.

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Fri, 17 Dec 2004

JP/Revolution is right on streets, General Sutiyoso

Revolution is right on streets, General SutiyosoDamar Harsanto The Jakarta Post/JakartaWhen one looks at the evolution of Jakarta one cannot go past Governor Ali Sadikin who was once dubbed the city's "father of development".

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Fri, 17 Dec 2004

JP/Ex-chief councillor held for graft probe

Ex-chief councillor held for graft probeJon Afrizal and Rusman, The Jakarta Post, Jambi/SamarindaProsecutors in Jambi province detained on Thursday a former chief councillor for interrogation over the alleged embezzlement of Rp 5.7 billion (US$633,333).

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Fri, 17 Dec 2004

JP/Inner conflict of a princess at Sendang Kasihan

Inner conflict of a princess at Sendang KasihanTarko Sudiarno, The Jakarta Post, Yogyakarta The moral conflict to make a dilemmatic choice between state defense, love and a noblewoman's dignity during the Mataram Kingdom under Panembahan Senopati was portrayed in Hendro Martono's choreography in ...

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Fri, 17 Dec 2004

JP/Dadan slugs for single RI gold

Dadan slugs for single RI goldFadli, The Jakarta Post, Batam Dadan Amanda beat Murat Airmassov of Kazakhstan in the 54- kilogram final here on Thursday to earn Indonesia the only victory, while South Korea claimed five of 10 golds on offer at the President's Cup amateur boxing championship.

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Fri, 17 Dec 2004

JP/TV stations pledge to avoid indecency

TV stations pledge to avoid indecency JAKARTA: The Indonesian Television Broadcasting Association (ATVSI) pledged not to air programs showing indecent material, and those that highlight violence and ghost busting.

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Fri, 17 Dec 2004

JP/Waste disposal and welfare

Waste disposal and welfareFrom Koran TempoThe recent riot at the waste treatment plant in Bojong, Bogor, which left several villagers hospitalized, has aroused public concern over the fate of ordinary people struggling to make a living.

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Fri, 17 Dec 2004

JP/Driving in Jakarta to slow to snail's pace by 2020

Driving in Jakarta to slow to snail's pace by 2020Evi Mariani and Damar Harsanto, The Jakarta Post, JakartaSixteen years from now, driving in Jakarta will be at a running pace of 10 kilometers per hour (kph) as revealed in a recent study conducted by the Japanese International Cooperation ...

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Fri, 17 Dec 2004

JP/Dramatic turn favors Akbar's bid

Dramatic turn favors Akbar's bidThe Jakarta Post, Nusa Dua, BaliThe Golkar congress agreed suddenly on Thursday to change the party's standing order and allow regental branches to vote in the election for party leader.

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Fri, 17 Dec 2004

JP/South Sulawesi governor slams autonomy law

South Sulawesi governor slams autonomy lawMuninggar Sri Sarashwati, The Jakarta Post, JakartaSouth Sulawesi Governor Amin Syam has filed an appeal with the Constitutional Court over an autonomy law he claims disadvantages his provincial government.

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Fri, 17 Dec 2004

JP/Five policemen on trial in illegal logging case

Five policemen on trial in illegal logging caseNethy Dharma Somba, The Jakarta Post, JayapuraThe trial of five police officers allegedly involved in illegal logging activities opened on Thursday at a district court in Sorong regency, Papua.The defendants, including former Sorong Police chief Adj.

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Fri, 17 Dec 2004

JP/Key suspect in Global case in the U.S.

Key suspect in Global case in the U.S.Eva C. Komandjaja, The Jakarta Post, JakartaPresident director of the troubled Bank Global Irawan Salim has left for the United States, while the police have named him a fugitive for his role in banking crimes committed by the bank.

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Fri, 17 Dec 2004

JP/Bosnia signs MoUs with RI to boost trade ties

Bosnia signs MoUs with RI to boost trade tiesVeeramalla Anjaiah, The Jakarta Post, JakartaBosnia Herzegovina wants to develop its relationship with Indonesia and put more emphasis on trade and economic cooperation, its foreign minister said in Jakarta.

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Fri, 17 Dec 2004

JP/Bright spot

Bright spot amid bad news My local newspaper listed the events that made news throughout the year. Almost all were "bad news" events. Doom, gloom, bloodshed and slaughter.

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Fri, 17 Dec 2004

JP/JP/ /

JP/ /Major economic and political events in 2004March 4: The government launches a US$1 billion international bond, more than double the initial plan of $400 million, to meet overwhelming demand from global investors. The sovereign bond is oversubscribed four times.

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Fri, 17 Dec 2004

JP/JP/ /

JP/ /Major economic and political events in 2004March 4: The government launches a US$1 billion international bond, more than double the initial plan of $400 million, to meet overwhelming demand from global investors. The sovereign bond is oversubscribed four times.

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Fri, 17 Dec 2004

JP/Is it time to cut energy subsidies?

Is it time to cut energy subsidies?Aziz, Munich, Germany The term subsidy has become a part of daily vocabulary (again) since new Vice President Jusuf Kalla announced that the government of Indonesia intended to cut fuel subsidies by 40% in 2005.

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Fri, 17 Dec 2004

JP/TV Today: Friday, December 17, 2004

TV Today: Friday, December 17, 2004 .TB.30" .90"TVRI .tb .30" .90" 5:00 a.m. Religious Teachings6:00 News: Berita Pagi7:00 Cartoon: Maya the Bee7:30 Health8:30 Music: Asik-Asik 10:30 Religious Teachings1:00 p.m.

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Fri, 17 Dec 2004

JP/Bank Global bond holders may lose all their money

Bank Global bond holders may lose all their moneyThe Jakarta Post, JakartaMore a dozen big Bank Global Internasional bond holders, many of them pension funds, may lose the millions they have invested if the central bank finally decides to shut down the scandal-ridden bank, whose managers have ...

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Fri, 17 Dec 2004

JP/Regional autonomy makes little headway

Regional autonomy makes little headway Ridwan Max Sijabat The Jakarta Post/JakartaRegional autonomy, including special autonomy in the conflict- ridden provinces of Aceh and Papua, has made little headway in the years since its introduction, not only due to the government's apparent reluctance to ...

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Fri, 17 Dec 2004

JP/Sugar policy in place until 2007: Mari

Sugar policy in place until 2007: MariThe Jakarta Post, Jakarta The government will maintain the sugar policy of the previous administration until 2007, despite criticism the policy is responsible for the rampant smuggling of the commodity.

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Fri, 17 Dec 2004

JP/Governor reject worker demand

Governor reject worker demand BANDUNG: West Java Governor Danny Setiawan rejected on Thursday workers' demand for a repeal of the governor's decree on the minimum wage.Danny said the decree had been agreed by all parties concerned, including workers' representatives.

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Fri, 17 Dec 2004

JP/Irman aims to strengthen DPD

Irman aims to strengthen DPDKurniawan Hari, The Jakarta Post, JakartaBecoming a politician was not his childhood dream.As the son of a successful businessman, his entrepreneurship skills were stronger than his ambition to go into other professions.

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Fri, 17 Dec 2004

JP/Environmental disaster lingers at Kendari sand quarrying site

Environmental disaster lingers at Kendari sand quarrying siteHasrul, The Jakarta Post, KendariDaeng Embang stared in despair at his dying orchard when a team of government officials and environmental activists stopped by his house on their way to monitor activities at a quarrying site in the area.

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Fri, 17 Dec 2004

JP/Stuck between the U.S. and China

Stuck between the U.S. and ChinaYoichi Funabashi, The Asahi Shimbun, Tokyo When national leaders meet, the meetings are called summits. Whether to call one "a summit" or "the summit" depends on how definitive it is. If it is just an idea, it is a summit.

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Fri, 17 Dec 2004

JP/Respiratory illness, diarrhea kill 97 in Papua

Respiratory illness, diarrhea kill 97 in PapuaNethy Dharma Somba, The Jakarta Post, JayapuraAt least 97 infants died from respiratory ailments and other illnesses that affected six districts in Paniai regency, Papua over the past two months.

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Fri, 17 Dec 2004

JP/Fransisca upsets top seed Pi Hongyan

Fransisca upsets top seed Pi HongyanMoch. N. Kurniawan, The Jakarta Post, Jakarta Young Indonesian shuttler Fransisca Ratnasari Haris produced the biggest shock so far at the Djarum Indonesia Open badminton championship, beating top seed Pi Hongyan of France in the third round of the women's ...

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Fri, 17 Dec 2004

JP/What kind of cops does RI have?

What kind of cops does RI have? It was to my great surprise that Indonesian police officers are still continuing their same old ways, as the article written in The Jakarta Post on Monday Dec. 13, page 1, points out.

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Fri, 17 Dec 2004

JP/Govt to propose new power law

Govt to propose new power lawDadan Wijaksana, The Jakarta Post, Jakarta The government, in response to the Constitutional Court's annulling Electricity Law No. 20/2002, said it would draft a new law that would take a "softer" approach to liberalizing the power sector.

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Fri, 17 Dec 2004

JP/KPUDs told to use existing logistics

KPUDs told to use existing logistics SURABAYA: General Elections Commission (KPU) deputy chairman Ramlan Surbakti suggested on Thursday that local elections next year use the logistics of this year's general election.

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Fri, 17 Dec 2004

JP/Officials keep gift giving under wraps

Officials keep gift giving under wrapsMuninggar Sri Saraswati, The Jakarta Post, JakartaGovernment officials are accustomed to gift giving and will not easily give it up, the Corruption Eradication Commission (KPK) was recently told.

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Fri, 17 Dec 2004

JP/Asia-Europe choreography discussed in 'Mis/Understanding'

Asia-Europe choreography discussed in 'Mis/Understanding'Helly Minarti, Contributor, BerlinWhat would happen if a bunch of young choreographers from various countries in Asia and Europe gathered for a week, conducting workshops and presenting their work, as well as having the chance to talk over ...

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Fri, 17 Dec 2004

JP/Middle ground sought for harm reduction program

Middle ground sought for harm reduction programDewi Santoso, The Jakarta Post, JakartaA year since the harm reduction program was launched, the National AIDS Commission (KPA) and the National Narcotics Agency (BNN) are still encountering difficulties with law enforcers when their volunteers ...

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Fri, 17 Dec 2004

JP/Decentralization jeopardizes policy

Decentralization jeopardizes policyRidwan Max Sijabat, The Jakarta Post, JakartaEveryone is deeply concerned about the poor human development index (HDI), drug abuse and the increasing prevalence of HIV/AIDS among school-aged children in the country, yet there is no institution tasked to lead a ...

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Fri, 17 Dec 2004

JP/Butler: Actor and Phantom of the Opera

Butler: Actor and Phantom of the OperaKenny Santana, Contributor/Cannes, qnoy2k@yahoo.comThe name Gerard Butler got a mention in the Reign of Fire, Dracula 2001 and Tomb Raider credits, but many Indonesians have acquired the habit of tuning out after the big shots are listed.

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Fri, 17 Dec 2004

JP/A year of expansion rather than breakthroughs

A year of expansion rather than breakthroughsZatni Arbi Contributor/JakartaAlmost 30 years after the birth of the Altaire and 23 years after IBM came up with the world's first PC, have computer scientists and standard organizations hit a brick wall? At any rate, computer components such as ...

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Fri, 17 Dec 2004

JP/Four bombs found in Dumai house

Four bombs found in Dumai house PEKANBARU, Riau: Riau Police discovered on Wednesday four home-made bombs in a house in the Dumai area, which they believe would have been used to attack churches around Christmas time.

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Fri, 17 Dec 2004

JP/JP/ /

JP/ /Major economic and political events in 2004March 4: The government launches a US$1 billion international bond, more than double the initial plan of $400 million, to meet overwhelming demand from global investors. The sovereign bond is oversubscribed four times.

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Fri, 17 Dec 2004

JP/Agung's swift fall from grace

Agung's swift fall from graceKornelius Purba and M.Taufiqurrahman, The Jakarta Post, Nusa Dua, BaliAlong the streets from Ngurah Rai International Airport to the Westin Resort, where the seventh Golkar Party national congress is being held, dozens of banners display welcome remarks from House of ...

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Fri, 17 Dec 2004

JP/RI, Japan launch joint forum on investment

RI, Japan launch joint forum on investmentLeony Aurora, The Jakarta Post, JakartaIndonesia and Japan have launched a high-level forum involving the government and private sector to discuss and solve problems hindering investment here.

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Fri, 17 Dec 2004

JP/Fourteen nabbed in concert brawl

Fourteen nabbed in concert brawl JAKARTA: Fourteen people were arrested on Wednesday night while 10 police officers were injured in a clash at the Bung Karno Sports Complex in Senayan, Central Jakarta.

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Fri, 17 Dec 2004

JP/Indonesia will once again be a net oil exporter

Indonesia will once again be a net oil exporterIndonesia has liberalized the upstream oil industry and is moving to liberalize the downstream sector. The Jakarta Post's Riyadi Suparno interviewed energy expert Soebroto to get a better picture of the situation of the energy sector and its prospects.

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Fri, 17 Dec 2004

JP/Today's cars are smarter, but drivers must still use their heads

Today's cars are smarter, but drivers must still use their headsZatni Arbi Contributor/JakartaWe were traveling in the center lane of the Jakarta-Merak toll road. Suddenly, the white BMW 3-Series in front of us veered sharply to the left and slammed into the metal guard rail.

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