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 1,465 articles

KL to resume taking workers

KL to resume taking workers DHAKA (Reuters): Malaysia is expected to resume taking in Bangladeshi workers next month after restricting foreign workers for nearly two years because of its economic crisis, Bangladesh's labor minister said on Monday.

Arthur Andersen to fix Bank Bali recapitalization cost

Arthur Andersen to fix Bank Bali recapitalization cost JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will stick with the financial audit result of Arthur Andersen in deciding the final recapitalization cost of Bank Bali, according to agency public relations official Franklin Richard.

Acehnese clamor for referendum

Acehnese clamor for referendum BANDA ACEH, Aceh (JP): More than one million people took part in a mass rally in Banda Aceh on Monday, sending the loudest and clearest message to date to Jakarta of their demand for a referendum on self-determination for the province.

Allianz targets Asia

Allianz targets Asia SINGAPORE (DPA): The German insurance giant Allianz, after recently taking over the U.S. asset manager Pimco, plans to expand on the Asian market, the company announced Monday.Europe's largest insurer said it will focus on both internal growth and more corporate takeovers.

Light shed on controversial cases

Light shed on controversial cases JAKARTA (JP): National Police forensics laboratory (Puslabfor) revealed in an unprecedented move on Monday portions of the truth in connection with at least two nationally controversial and undisclosed cases.Chief Brig. Gen. Suwahyu and deputy chief Col.

Character building to fight drug abuse

Character building to fight drug abuse YOGYAKARTA: Minister of National Education Yahya Muhaimin said here on Monday that a character building campaign would be launched among students in a bid to prevent drug abuse in their age group.

Strengthening IBRA

Strengthening IBRA The government demonstrated its full understanding of the economic problems facing this country when it acted quickly and firmly last week to dispel rumors surrounding an impending replacement of Glenn Yusuf, the chairman of the Indonesian Bank Restructuring Agency (IBRA).

Two jailed for teenage girl's murder

Two jailed for teenage girl's murder JAKARTA (JP): Judges at West Jakarta District Court sentenced Blackzhom Apua Walela and Ikhsan Mulyono on Monday to 42 and 36 months in jail respectively for the premeditated murder of female high school student, Heppy Trinita.

Orphans do their bit for refugees

Orphans do their bit for refugees JAKARTA (JP): Jakarta orphans, grouped under the Indonesian Orphanages Agency (Bakorpin), sent 10 tons of food aid on Monday to an East Timorese refugee camp in Kupang, Nusa Tenggara.

Telkom, Agis tie up

Telkom, Agis tie up JAKARTA (JP): Listed state-owned telecommunications operator PT Telkom Indonesia signed a cooperation contract on Monday with publicly listed electronics distributor PT Artha Graha Investama Sentral (Agis) to provide the latter with electronic commerce service.Telkom president A.

LG expands TV production

LG expands TV production JAKARTA (JP): PT LG Electronics Indonesia president In Ki Kim said on Monday that his company invested US$4 million this year to expand its television set and refrigerator production capacity.

Kalla expects strong growth next year

Kalla expects strong growth next year MAKASSAR, South Sulawesi (JP): The newly appointed Minister of Trade and Industry Jusuf Kalla, said he was upbeat that Indonesian's economy would be more stable next year.

Court postpones bankruptcy case

Court postpones bankruptcy case JAKARTA (JP): The Jakarta Commercial Court has postponed on the bankruptcy proceedings against publicly listed poultry company PT Anwar Sierad after its creditors approved its tentative debt restructuring proposal.

PSIS barred from hosting matches

PSIS barred from hosting matches JAKARTA (JP): Semarang-based PSIS is banned from hosting two matches at the Jatidiri stadium in the sixth Indonesian Soccer League (Ligina) following the riots which occurred during the league's opening on Sunday.

Govt, KPC reach agreement on share prices

Govt, KPC reach agreement on share prices JAKARTA (JP): After months of negotiation, the Ministry of Mines and Energy has reached an agreement with the country's largest coal mining company, PT Kaltim Prima Coal, on the most crucial issue of the company's divestment program: the price of shares.

Police raid nets 500 porn videos

Police raid nets 500 porn videos JAKARTA (JP): Central Jakarta police seized around 500 pornographic video compact discs from street vendors in a raid at Atrium Plaza, Senen on Monday.Chief of the precinct's police detectives Maj.

PKB names new deputy for House

PKB names new deputy for House JAKARTA (JP): The National Awakening Party (PKB) secretary- general Muhaimin Iskandar was installed on Monday as deputy chairman of the House of Representatives (DPR) replacing Khofifah Indar Parawansa, following the latter's appointment to the Cabinet.

Wooing capital back

Wooing capital back There is obviously a need for Indonesia and Singapore to cooperate. Aside from the fact that for the smooth flow of trade we are to a considerable degree dependent on Singapore, there is the reality that many of our billionaires are keeping their money in Singapore.

Old couple robbed by armed men

Old couple robbed by armed men JAKARTA (JP): Four men armed with pistols and sickles stole Rp 60 million (US$9,000) from an elderly couple in Petojo Selatan, Central Jakarta, in the early hours of Monday morning.

Three killed in landslide

Three killed in landslide DENPASAR, Bali: Three construction workers were killed on Sunday when a landslide hit the Garuda Wisnu Kencana statue megaproject in Ungasan valley in Jimbaran, 15 kilometers south of here.

City's oil revenues to be in the millions of dollars: councilor

City's oil revenues to be in the millions of dollars: councilor JAKARTA (JP): City administration is expecting an annual revenue of US$27.5 million from at least 11 oil platforms located off Pulau Seribu (Thousand Islands), North Jakarta, a councilor said on Monday.

Govt mulls basing budget on calender year

Govt mulls basing budget on calender year JAKARTA (JP): Finance Minister Bambang Sudibyo said on Monday the government was considering changing the current fiscal year budget to one based on the calender year.

November sales of cell phones

November sales of cell phones On behalf of PT Alcatel Indonesia, we thank you for coming to the launch of "Alcatel One Touch Easy db mobile phone" on Nov. 3, 1999 at the Fashion Cafe. We thank you also for the coverage of that event.

Govt urged to use peaceful approach in handling Aceh

Govt urged to use peaceful approach in handling Aceh JAKARTA (JP): The House of Representatives called on the government on Monday to take immediate and concrete action to cope with conflicts in Aceh peacefully.

Beautiful, rugged Banten beckons to adventurers

Beautiful, rugged Banten beckons to adventurers Banten has survived much tumult during its long history. Perched on the westernmost tip of Java, the area continues to display the vestiges of its rich cultural and historical greatness.

Islanders harbor deep respect for Komodo dragon and nature

Islanders harbor deep respect for Komodo dragon and nature KOMODO ISLANDS, East Nusa Tenggara (JP): The Komodo dragon was first protected by order of the Sultan of Bima in 1915. But the monitor lizard's remarkable survival in a small patch of eastern Indonesia may owe more to its mystical folklore.

Alert sounded in dumping of hazardous waste in RI

Alert sounded in dumping of hazardous waste in RI JAKARTA (JP): The Agency for Environment Control (Bappedal) warned on Monday of hazardous waste imported from Singapore and Taiwan.Recent research conducted by the agency on samples of waste from the mass rapid transportation construction project in...

Contradictory hypothesis

Contradictory hypothesis It is interesting to note the self contradictory hypothesis purported by Mr. Gottfried Roelcke (The Jakarta Post, Nov. 5, 1999, Has the MPR failed the people?). There he theorized that had the people been given the direct choice between Megawati Soekarnoputri and...

Time to face up to changing times

Time to face up to changing timesBy J. Soedjati Djiwandono Calls for separatism from the Republic are now no longer limited to Aceh and Irian Jaya. Political analyst J. Soedjati Djiwandono shares his reflection on the once taboo subject.

Hendrawan picks Asian Cup to build waning confidence

Hendrawan picks Asian Cup to build waning confidence JAKARTA (JP): Indonesia's men's singles shuttler Hendrawan is aiming to rebuild his motivation and confidence in the upcoming JVC Asia Cup in Ho Chi Minh City this week.

Autonomy advocated to ease federalist calls

Autonomy advocated to ease federalist calls JAKARTA (JP): The establishment of a law which provides each province with wide-ranging autonomy would give the government an ideal start in easing demands for a federal state, former rebel group leader Ventje Sumual suggested on Monday.

'No' vote reveals Australia's isolation

'No' vote reveals Australia's isolationBy Trevor Datson CANBERRA (Reuters): Far from emerging as a new force on the Asian political scene, Australia appears to have underlined its isolation in the region with a popular vote to retain Britain's Queen Elizabeth as sovereign.

Jakarta, Canberra relations can and must be rebuilt

Jakarta, Canberra relations can and must be rebuilt This is the second of two articles based on remarks by former ambassador S. Wiryono at a gathering organized by the Indonesia- Australia Business Council in Jakarta on Nov. 2, 1999.

Govt acts to prevent CPO contamination

Govt acts to prevent CPO contamination JAKARTA (JP): Cleaning is under way at the North Sumatra port of Belawan for Deli Tama Indonesia storage tanks, which have been blamed for the diesel-oil contamination of 19,000 metric tons of crude palm oil exported to Rotterdam Port last month.

PSIS fans go on rampage after team loses game

PSIS fans go on rampage after team loses game SEMARANG (JP): Thousands of disappointed PSIS Semarang fans attacked the police and other spectators on Sunday after their team lost to Barito Putra of Kalimantan on the opening day of the Sixth Indonesian Soccer League (Ligina).

IBRA to sell BCA shares through IPO

IBRA to sell BCA shares through IPO JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will sell about 30 percent of the shares it holds in Bank Central Asia (BCA) in an initial public offering (IPO) in February, an official at the agency said.

IMF official says no funds for East Timor during transition

IMF official says no funds for East Timor during transition DARWIN, Australia (Reuters): The International Monetary Fund will not give money to East Timor during the United Nations transitional administration of the battered territory, a regional IMF official said on Sunday.

Internet inroads challenge print media

Internet inroads challenge print mediaBy Rachmat H. Cahyono JAKARTA (JP): The revolution went on without any fuss, ammunition or firearms. It was a direct challenge to the continuity of a more than 200-year-old tradition.

GAPRI fumes over new nicotine regulation

GAPRI fumes over new nicotine regulation JAKARTA (JP): The Association of Indonesian Cigarette Producers (GAPPRI) has called on the government to review a new regulation which stipulates reduced nicotine and tar levels, along with a prohibition on television and radio advertising.

Rp 100,000 banknotes

Rp 100,000 banknotes Why do the new Rp 100,000 banknotes issued by Bank Indonesia -- in reference to the text in the Proclamation of Independence of the Republic of Indonesia -- mention the year 05 instead of 45? Is it a misprint, a special code?Bank Indonesia should clarify this matter.

Merpati opens new route

Merpati opens new route SEMARANG: State-owned domestic airlines PT Merpati Nusantara has opened a new route plying between here and Pontianak in West Kalimantan in response to a growing demand from people conducting social and economic activities in both locations.

JSX anticipates return of some foreign investors

JSX anticipates return of some foreign investors JAKARTA (JP): The Jakarta Stock Exchange's (JSX) optimistic projection of the return of some foreign investors will not necessarily spur buying due to profit taking by local investors, analysts said over the weekend.

Gus Dur unsure of meeting Clinton

Gus Dur unsure of meeting ClintonBy Kornelius Purba YANGON, Myanmar (JP): President Abudurrahman Wahid may be forced to postpone his meeting with U.S. President Bill Clinton this week due to the latter's tight schedule.

Medan cleans up drug scene

Medan cleans up drug scene MEDAN, North Sumatra: Provincial Police here have arrested 145 people suspected of drug use in a series of raids on discos in the past couple months.Under the code name Operation Narkoba, the joint-antidrug force caught eight drug users in a disco in the wee hours of...

A matter of cultural empowerment

A matter of cultural empowerment In the new Cabinet, the Ministry of Education and Culture has been renamed the Ministry of National Education, raising speculations as to whether the culture arena will be neglected.

Man died from strangulation not stab wounds: Doctor

Man died from strangulation not stab wounds: Doctor JAKARTA (JP): A 30-year-old man found dead on Thursday night in West Jakarta died from strangulation, Dr. Zulhasmar Syamsu of the Cipto Mangunkusumo General Hospital morgue said on Saturday."Don't look at those stab marks all over his body.

Huxtable wins Sabah Masters

Huxtable wins Sabah Masters KOTA KINABLU, Malaysia (AFP): American Robert Huxtable coasted to a six-stroke win in the US$150,000 Sabah Masters Sunday, able to laugh off a one-stroke penalty incurred when his caddie accidentally kicked his ball on the fairway.

Taiwan's candidate urges stronger ties with China

Taiwan's candidate urges stronger ties with China TAIPEI (Agencies): Taiwan's pro-independence presidential candidate on Sunday urged closer economic ties with China, including an end to a half-century ban on direct transportation links.

Modern digital cameras can provide a lot of fun

Modern digital cameras can provide a lot of funBy Zatni Arbi JAKARTA (JP): Digital cameras have definitely come a long way since the day I played around with a Logitech Fotoman, which looked so much like a martabak (Indian pizza).

Parking agency needs Rp 3b subsidy: Official

Parking agency needs Rp 3b subsidy: Official JAKARTA (JP): City parking management agency BP Parkir still needs a Rp 3 billion (US$441,176) subsidy in the 1999/2000 fiscal year from the city administration to cover operational expenses, an official said on Friday.