Indonesian Political, Business & Finance News

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On This Day - February 12, 2001

Abdurrahman plans whirlwind trips abroad, including Australia

Abdurrahman plans whirlwind trips abroad, including Australia JAKARTA (JP): President Abdurrahman Wahid, struggling to maintain a grip on his presidency, is planning trips abroad, including a long-awaited visit to Australia.

Ecological rehabilitation can earn billions

Ecological rehabilitation can earn billions JAKARTA (JP): A scientist claimed here on Thursday that our country can earn billions of dollars through ecological business by trading green house gases with developed countries as stipulated in the 1997 Kyoto Protocol.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo: Indonesian Press Photo Service's (Ipphos) photos (1945 - 1950), I See Gallery, The Polish cultural center, Jl. Diponegoro, Central Jakarta, until Feb. 28. * Painting Bramasto's Collections 1939-1996, Gallery Twilite Cafe, Jl. Kemang Raya No.

S'pore tries to reduce pirates

S'pore tries to reduce pirates SINGAPORE (AFP): Singapore's coast guard is working more closely with its Malaysian and Indonesian counterparts to stem pirate attacks, the Sunday Times reported.Last year, there were three pirate attacks on vessels in the Singapore Straits, parts of which fall under...

BI forex ruling diverts speculators into stocks

BI forex ruling diverts speculators into stocks JAKARTA (JP): The new Bank Indonesia foreign exchange (forex) ruling has prompted offshore speculators to divert their attention toward the local stock market after losing the opportunity to profit from speculation against the rupiah, according to a...

Major reshuffle on the cards in National Police

Major reshuffle on the cards in National Police JAKARTA (JP): A major reshuffle is in the works in the National Police, with 36 high-ranking and middle-ranking officers involved.National Police spokesman Brig. Gen.

The military and the nation's future

The military and the nation's futureFrom Media IndonesiaThe idea of handing over the administration to the military, in the event of bringing about fast-tracked changes, is not a popular one. The Indonesian Military (TNI) is really at a crossroads.

Transgenic plantation in South Sulawesi

Transgenic plantation in South Sulawesi MAKASSAR, South Sulawesi: Bantaeng regent Azikin Solthan said on Sunday that the local administration will continue developing transgenic cotton plantation in a bid to achieve maximum quality crops.

ONGC and Rosneft sign large oil deal

ONGC and Rosneft sign large oil deal LONDON (Reuters): India's ONGC Videsh Ltd and Russia's Rosneft on Saturday finalized a deal in which ONGC will buy a 20 percent stake in the giant Sakhalin-1 oil field where production is expected to start in 2005.

Uzbekistan beats RI 3-2 in Davis Cup tie

Uzbekistan beats RI 3-2 in Davis Cup tie JAKARTA (JP): Indonesia bowed out 2-3 to visitor Uzbekistan before a home crowd at the Kemayoran Tennis Center, Central Jakarta, Sunday during the final day of the three-day Davis Cup Group I Asia Oceania zone tie.

Repsol to sell RI oil wells

Repsol to sell RI oil wells MADRID (AFP): Spanish oil company Repsol-YPF is planning to sell off its wells in the Java Sea to Indonesia's Pertamina to help reduce its heavy debt load, Expansion daily reported Saturday.

Floods, landslides, storms beset E. Java and Sumatra

Floods, landslides, storms beset E. Java and Sumatra JAKARTA (JP): The Bengawan Solo river in Bojonegoro, East Java, continued to overflow on Sunday, inundating thousands of houses and hundreds of hectares of rice fields in the area.Fortunately no fatalities have been reported.

Indonesia and GAM strike accord to reduce violence

Indonesia and GAM strike accord to reduce violence BANDA ACEH, Aceh (JP): Government representatives and rebel Free Aceh Movement (GAM) commanders reached an agreement here on Saturday on ways to reduce the violence in strife-torn Aceh.

Passenger ship sinks off Pangkep

Passenger ship sinks off Pangkep MAKASSAR, South Sulawesi: The KM Santini III vessel which was heading for Surabaya from Makassar sank in rough seas off Tanakeke in Pangkep, some 32 kilometers into its journey in the early hours of Saturday, an officer said.

S'pore minister begins RI visit

S'pore minister begins RI visit JAKARTA (AFP): Singapore Trade and Industry Minister George Yeo arrived Sunday for a four-day visit during which he will witness the signing of a major natural gas agreement and hold talks with Indonesia's leadership.

Armed thieves injure Bulog employee

Armed thieves injure Bulog employee JAKARTA (JP): A gang of six robbers stole a Mercedes sedan and other belongings of a State Logistics Agency (Bulog) employee in the early hours of Saturday.Police said the robbers broke into the house of Ahmad Syaifuddin on Jl.

Ex-athletes gather to seek a better future

Ex-athletes gather to seek a better future JAKARTA (JP): About 150 former athletes gathered for the Great Reunion of Athletes from Three Eras organized by Prestasi Anak Bangsa Foundation at the Bung Karno Tennis Indoor Stadium in Senayan, Central Jakarta on Sunday to seek a better future.

Coral reef game for schools launched

Coral reef game for schools launched JAKARTA (JP): In a bid to raise awareness of the nation's rich sea resources, the Coral Reef Rehabilitation and Management Program (Coremap) has launched an educational game to inform children about the preservation of coral reefs.

IMF tells IBRA to sell rescued banks: Report

IMF tells IBRA to sell rescued banks: Report WASHINGTON (Bloomberg): The Indonesian Bank Restructuring Agency must sell two banks it rescued three years ago before the International Monetary Fund will resume lending to the nation, fund officials told the Financial Times.

Gus Dur urged to let Megawati take lead

Gus Dur urged to let Megawati take lead JAKARTA (JP): A younger brother of President Abdurrahman Wahid suggests the incumbent president to step aside and let Vice President Megawati Soekarnoputri take the lead.

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999
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1994-2017
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