Indonesian Political, Business & Finance News

Search Archive

Search Tips

You can use boolean operators in your search:

  • pugilist AND basketball - Both words must appear
  • jakarta OR surabaya - Either word can appear
  • jakarta NOT politics - Must have jakarta but not politics
  • +jakarta -politics - Must have jakarta, must not have politics
  • "exact phrase" - Search for exact phrase
  • basket* - Wildcard (matches basketball, basket, etc.)

Found 1,396 articles

Djody sclarifies his stance on Kostrad meeting

Djody sclarifies his stance on Kostrad meeting JAKARTA (JP): Businessman Setiawan Djody on Friday stepped into the furor over a meeting he attended at the Army's Strategic Reserve Command (Kostrad) on May 14 during the height of the bloody riots in the capital.

Students want Soeharto tried

Students want Soeharto tried JAKARTA (JP): Thousands of students here and in several other cities staged peaceful rallies on Friday to demand the upcoming Special Session of the People's Consultative Assembly (MPR) arrange for the prosecution of Soeharto, expel the military from politics and...

Govt removes 10 percent VAT on feed meal imports

Govt removes 10 percent VAT on feed meal imports JAKARTA (JP): The government has removed the 10 percent value- added tax (VAT) on imports of animal and poultry feed meal and its raw materials, the finance ministry announced on Thursday.

Martial artist dies following bout

Martial artist dies following bout JAKARTA (JP): A North Sulawesi pencaksilat martial artist died of a brain hemorrhage after sustaining a head injury in his semifinal bout at the National Student Games in Balikpapan, East Kalimantan.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.6, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 350 125 118,000 AHAP Insurance 400 0 0 Alter Abadi 250 -25 70,000 Alumindo Light Metal 275 25 25,000 Alumindo...

Live TV shows

Live TV shows JAKARTA (JP): The following are sports competitions to be broadcast live this weekend on local TVs (all times in West Indonesia Time):Saturday:English soccer league: Aston Villa v Tottenham Hotspur SCTV at 10 p.m.Sunday:Italian soccer league: Udinese v Juventus RCTI at 8:30 p.m.

Taxis count cost of lost business from robberies

Taxis count cost of lost business from robberies JAKARTA (JP): The escalating number of taxi robberies in the capital over the past few weeks has drastically affected the income of many taxi drivers.Interviewed by The Jakarta Post on Friday, Robertus Silalahi, Lipan, Rianto Widodo, Dikun,...

A show of wanting sincerity

A show of wanting sincerity Extraordinary. This is the expression that best describes both the findings of the TGPF (Joint Fact Finding Team on the May riots) and the reaction from high-ranking cabinet officials to the team's report.

Pelindo privatization into effect next year

Pelindo privatization into effect next year JAKARTA (JP): The government will likely open the tender for the sales of its stake in state sea port operator PT Pelabuhan Indonesia (Pelindo) II to strategic investors early next year, a corporate executive has said.

Police foil holdup, robber shot dead

Police foil holdup, robber shot dead JAKARTA (JP): Police shot dead a repeat offender on Wednesday as he attempted to rob a private employee of Rp 75 million (US$8,330) outside a money changer on Jl. Gunung Sahari, Central Jakarta.City police detectives chief Col.

RP slams China 'build up' in Spratlys

RP slams China 'build up' in Spratlys MANILA (Reuters): The Philippines on Thursday accused China of beefing up its position on a reef in the disputed Spratly Islands by sending armed military and cargo ships to the area and called Beijing's action a "security threat.

Freeport chief denies corruption charges

Freeport chief denies corruption charges JAKARTA (JP): The chief executive officer of U.S Freeport McMoRan Copper and Gold. Inc., James Moffett, denied Thursday allegations of corruption in PT Freeport's Indonesia operation, including charges against a senior economic minister.

Soehartos' land found in Yogykarta

Soehartos' land found in Yogykarta YOGYAKARTA: The head of the Yogyakarta High Prosecutor's Office Suparman said his office had tracked down 150 hectares of land belonging to former president Soeharto's children and his friends.

Badminton official looks ahead to Sydney Olympics

Badminton official looks ahead to Sydney Olympics JAKARTA (JP): Indonesian badminton players bound for the upcoming Asian Games look set to form the backbone of the national team for the 2000 Olympic Games in Sydney, an official said on Thursday.

Students hold anti-MPR session protest warmup

Students hold anti-MPR session protest warmup JAKARTA (JP): At least 500 students staged a rally on Thursday at the Hotel Indonesia traffic circle in Central Jakarta, calling it a rehearsal for a massive demonstration to be held on Monday ahead of the Nov. 10 to Nov.

Prayers, demos prior to session

Prayers, demos prior to session JAKARTA (JP): Even as preparations for the Special Session of the People's Consultative Assembly (MPR) shifted into high gear, groups of proponents and opponents staged "trial" demonstrations on Thursday ahead of the Nov. 10-13 session.

Sovereign defaults continue to decline in 1998: S&P

Sovereign defaults continue to decline in 1998: S&P JAKARTA (JP): Despite financial stress in Asia and its fallout on emerging markets, debt defaults by sovereign governments would continue to decline this year, according to the international rating agency Standard & Poor's.

Petroz says deal expected on Timor 'liquids' project in '99

Petroz says deal expected on Timor 'liquids' project in '99 BRISBANE, Australia (Bloomberg): Petroz NL said the partners in the Bayu-Undan gas field in the Timor Sea probably will decide by the end of March to go ahead with a US$1.4 billion "liquids" extraction project.

Bio on author Soeman launched

Bio on author Soeman launched PEKANBARU, Riau: The biography of Soeman Hs, who pioneered detective novels in Indonesian literature with his Mencari Pencuri Anak Perawan (In Search of a Virgin Stealer), was launched here Thursday.

Exim handles forestry funds

Exim handles forestry funds JAKARTA (JP): The ministry of forestry and plantations has appointed state Bank Ekspor Impor Indonesia (Bank Exim) to handle the payments of the reforestation funds, the ministry's secretary general Oetomo said on Thursday.

SE Asian currencies' rally appears to run out of steam

SE Asian currencies' rally appears to run out of steam SINGAPORE (Dow Jones): The rally which over recent sessions has propelled Southeast Asian currencies to fresh long term highs against the U.S. dollar appeared to run out of steam during Asian trading hours on Thursday.

STDs rife among Tangerang prostitutes

STDs rife among Tangerang prostitutes JAKARTA (JP): Womanizers beware! Most prostitutes operating in Tangerang mayoralty are believed to have sexually transmitted diseases, an official said.Mayoralty spokesman Harry Mulya Zein said on Tuesday that medical checkups on 41 prostitutes who were rounded...

Response to TGPF report vital to recover confidence

Response to TGPF report vital to recover confidence JAKARTA (JP): Human rights activists and the international community are warning that the government's response to a joint fact-finding team's report on the May riots will make or break its quest to restore confidence.

China's Asiad athletes face doping tests

China's Asiad athletes face doping tests BEIJING (Agencies): China plans to subject athletes to unscheduled doping tests before they compete at the next month's Asian Games in Bangkok, sports officials said Thursday.

TV Program: Friday, Nov. 6, 1998

TV Program: Friday, Nov. 6, 1998TVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Warner Kartun 3:05 Sports Program 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 Documentary:...

Industry survey shows grave impact of crisis

Industry survey shows grave impact of crisis JAKARTA (JP): More than one-third of companies operating in the electronics, machinery, chemical and metal-based industries have temporarily closed their operations as a result of the country's worst ever economic crisis, a survey has revealed.

Thais lead 1st round of Putra Cup

Thais lead 1st round of Putra Cup MANILA (AP): Tongchai Jaidee and Songphan Puakkprapong each scored 1-under-par 71s to put Thailand into an early lead in the first round of the 38th Putra Cup.Thailand, the defending champion, led with 214 and was eight strokes ahead of second place Malaysia with...

MGTI to install 30,000 new telephone lines

MGTI to install 30,000 new telephone lines JAKARTA (JP): PT Mitra Global Telekomunikasi Indonesia (MGTI) said on Thursday it would install 30,000 new telephone lines in Central Java and Yogyakarta by March to bring up a total of 350,000 lines.

Asian recovery seen dependent on Japan aid

Asian recovery seen dependent on Japan aid BANGKOK (Reuters): Japan's assistance for crisis-hit Southeast Asian countries under the Miyazawa Plan could serve as a catalyst for a revival of foreign capital flows to the region, a senior Asian Development Bank economist said on Thursday.

Where to go in Jakarta: Friday, Nov. 6, 1998

Where to go in Jakarta: Friday, Nov. 6, 1998Exhibitions * Etching Exhibition, by Rembdrant, from the collection of Boijmans Van Beuningen Museum, Rotterdam, at Erasmus Huis, Jl. Rasuna Said, Kav. S-3, Kuningan, South Jakarta (Phone: 5252321), 8 a.m. to 5 p.m., until Dec. 6.

Digital technology powering 'Metro' into highly competitive news niche

Digital technology powering 'Metro' into highly competitive news nicheBy Antariksawan Jusuf JAKARTA (JP): Is it too much of a dream to watch Indonesian movies on American cable HBO? Considering the current situation of the Indonesian film and television industry, you will definitely say "No way.

Secondhand plastic bottles dangerous

Secondhand plastic bottles dangerous With the increase of the price of plastic bottles two or three fold since early 1998, several brands of small-pack bottled water in Greater Jakarta are using used bottles. In accordance with the Ministry of Industry and Trade's regulation No.

SCB inaugurates branch

SCB inaugurates branch JAKARTA (JP): London-based Standard Chartered Bank (SCB) officially inaugurated on Thursday its newly renovated branch in Medan, North Sumatra.SCB's Head of Consumer Banking Indonesia Farhad Irani said that SCB's investment in Medan reflected the bank's commitment to...

Clinton to take growth plan to APEC summit

Clinton to take growth plan to APEC summit SINGAPORE (Reuters): U.S. President Bill Clinton will bring his plan for world growth to the APEC summit in Kuala Lumpur later this month, a senior U.S. official said on Thursday.John Wolf, U.S.

Conflict of interests mar final report of TPGF

Conflict of interests mar final report of TPGF The final report of the joint fact-finding team, known by its acronym TGPF, on the mid-May riots has drawn mixed reactions from different parties. Hermawan Sulistiyo, a political researcher at the Indonesian Institute of Sciences (LIPI), and was...

Peaceful essential for democracy

Peaceful essential for democracy JAKARTA (JP): All but the beneficiaries of the old authoritarian regime would agree that Indonesia should develop a more democratic political system. However, given the fact that freedom of expression has been widely misunderstood as "political violence", there is...

Mahathir, Estrada no bilateral meeting

Mahathir, Estrada no bilateral meeting MANILA (AFP): There will be no bilateral meeting between Philippine President Joseph Estrada and Malaysian Prime Minister Mahathir Mohamad during an Asia-Pacific leaders' summit in Kuala Lumpur this month, Manila's top diplomat said on Thursday.

Unrest rumors fail to trigger foreign flight

Unrest rumors fail to trigger foreign flight JAKARTA (JP): Travel industry insiders said on Thursday there had been no exodus to foreign destinations despite widespread rumors of unrest before the Special Session of the People's Consultative Assembly (MPR) opening on Nov. 10.

Moslem unity is pivotal

Moslem unity is pivotal The five-day Indonesian Moslem Congress currently underway in Jakarta was not meant to be a political meeting but Minister of Religious Affairs Malik Fajar said in his opening speech that by the end of it all Moslems should have a common perception of where they stand on a...

Qantas adds to Bali flights

Qantas adds to Bali flights JAKARTA (JP): Australian flag carrier Qantas Airways reports record business to Bali with a sharp upturn in demand this year.Qantas's Sales Manager Indonesia, Ronny Mampouw said that the airline has added another flight from Sydney to Bali, starting Oct.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Nov. 5, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,875.00 8,975.00 8,875.00 9,075.00 Austrian schilling 1 716.25 786.25 - - Australian dollar 1 5,457.50 5,717.50 5,400.00 5,830.00 Belgian franc 1 240.

MPR officials claim no electricity in barbed wire

MPR officials claim no electricity in barbed wire JAKARTA (JP): Officials said on Thursday that pranksters were responsible for placing signs warning of electrified barbed wire at the People's Consultative Assembly/House of Representatives (MPR/DPR) compound.

What has made us reluctant to investigate?

What has made us reluctant to investigate?By Adrianus Meliala BRISBANE, Australia (JP): In the words of Rendra, one of the most important artists in contemporary Indonesia, this country has developed a "reluctance to investigate" mentality (Kompas, Oct. 27 1998).

Jamsostek helps dismissed workers

Jamsostek helps dismissed workers JAKARTA (JP): About 260 dismissed workers in Bekasi received Rp 52 million (US$6,000) in aid from state-owned PT Jamsostek to help them survive during the economic crisis, a company official said on Thursday.

APEC meeting must focus on solving crisis: Mari

APEC meeting must focus on solving crisis: Mari JAKARTA (JP): When the Asia Pacific Economic Cooperation (APEC) forum holds its meeting in Kuala Lumpur later this month it must focus on efforts to restore the economies of its crisis- hit members rather than on trade and investment liberalization...

Soeharto grandson loses briquette deal

Soeharto grandson loses briquette deal JAKARTA (JP): State coal mining company PT Tambang Batubara Bukit Asam has terminated a contract with Ari Sigit Hardjodjudanto -- a grandson of former president Soeharto -- for the construction of five coal briquette factories in Java.

Tanjung Manis inspires artists from near, far

Tanjung Manis inspires artists from near, farBy Gotot Prakosa JAKARTA (JP): If we look at the maps of Kalimantan from any period, we will find that there are always new names and locations of villages while the old villages somehow cease to exist. This is due to the region's nomadic tribal culture.

500 Bekasi scavengers receive free medical aid

500 Bekasi scavengers receive free medical aid BEKASI (JP): About 500 of the 6,000 scavengers living around Bantar Gebang garbage dump in Bekasi, east of here, were given free medical services by the government on Thursday.

KL, Singapore to narrow gap in thorny ties

KL, Singapore to narrow gap in thorny ties KUALA LUMPUR (AFP): Malaysia and Singapore agreed on Thursday to work towards narrowing their differences as Kuala Lumpur sought its neighbor's help to raise funds amid the economic crisis.

Top bosses at Bank DKI to get walking papers

Top bosses at Bank DKI to get walking papers JAKARTA (JP): Governor Sutiyoso said on Thursday he would soon replace three top officials of city-owned Bank DKI due to their alleged mismanagement which saddled the bank with Rp 172 billion in bad credit.