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 1,610 articles

IBRA chief vows to speed up asset sales

IBRA chief vows to speed up asset sales JAKARTA (JP): The newly appointed chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan vowed on Monday to speed up the disposal of the various banking assets managed by the agency.

Tommy still not imprisoned

Tommy still not imprisoned JAKARTA (JP): Efforts to send former president Soeharto's son Hutomo "Tommy" Mandala Putra to jail turned out to be a farce on Monday as he managed to evade a second attempt over claims that he had not received a legalized copy of the presidential decree rejecting his...

Account balance at BNI lost

Account balance at BNI lostFrom KompasOur younger sister Y. Hasri Nurtiastuti has a TAPLUS savings account (No. 037-004785-979901) at the Matraman branch of Bank Negara Indonesia (BNI) with a balance of Rp 2.4 million.

APEC leaders to give global trade talks a gentle push

APEC leaders to give global trade talks a gentle push KUALA LUMPUR (Reuters): Asia Pacific leaders meeting in Brunei next week are expected to declare their support for a new round of global free trade talks but shy away from listing specifics they want on the agenda.

Dyviacom eyes JSX listing

Dyviacom eyes JSX listing JAKARTA (JP): Internet service provider PT Dyviacom Intrabumi said on Monday it planned to sell about 64 million new shares in an initial public offering (IPO) later this month.The company said in a press statement that it would also issue 25.

City Council halts free ID card scheme

City Council halts free ID card scheme JAKARTA (JP): The city council called on the administration on Monday to monitor the potential abuse of the free identity card renewal scheme. The scheme was initially planned to come into effect as of Nov. 1 but was delayed pending the approval of the Council.

Italy opens cultural center to the public

Italy opens cultural center to the publicBy Mehru Jaffer JAKARTA (JP): The American author Mark Twain once wrote that the Creator made Italy from designs by Michael Angelo. It is also said that people who do not know much about Italy are those who are always conscious of an inferiority.

Rupiah Rates Nov. 6

Rupiah Rates Nov. 6 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,593.00 9,593.00 9,048.00 9,138.00Australian dollar 1 4,524.21 5,055.51 4,763.77 4,815.73Austrian schilling 1 540.24 603.80 568.84 575.16Belgian franc 1 184.28 205.96 194.04 196.

JiFFest

JiFFest Correction: The synopsis for Garin Nugroho's Puisi Tak Terkuburkan, printed in Monday's newspaper, was inadvertently switched with one for the director's Daun di atas Bantal."Puisi" (9:15 p.m. Tuesday, TIM 1) is the true story of poet Ibrahim Kadir, who was imprisoned without trial in Aceh.

UK plans RI plane factory

UK plans RI plane factory JAKARTA (JP): The British-based Hamilton Airship Company plans to build a US$146 million worth aircraft factory in Indonesia, according to the government.The office of the Coordinating Minister for the Economy said on Monday that Hamilton planned to start building the...

43 arrested for cockfighting

43 arrested for cockfighting KENDARI, Southeast Sulawesi: A police sergeant and an Army corporal were among 43 people arrested here on Sunday for gambling on illegal cockfights.Antara news agency reported at least three people were injured when police raided the cockfights, firing warning shots to...

Complaint settled

Complaint settled I refer to my letter which was published in The Jakarta Post on Oct. 28, 2000.I am pleased to advise that my complaints about the quality of my reception have since been addressed by Mr. Sutopo of Kabelvision and the reception is now clear.

Schools abandon literature: Poet

Schools abandon literature: Poet JAKARTA (JP): Renowned poet W.S. Rendra and Bahasa Indonesia expert J.S. Badudu expressed on Monday their concern for the low interest in literature subjects in schools across the country.

Carrot, stick approach will continue after U.S. election

Carrot, stick approach will continue after U.S. election Expect the U.S. to continue being forthright on Indonesia's reforms, whoever becomes the next U.S. president, says Shanghai- based economist Mari Pangestu in an e-mail interview: Question: Ties between Indonesia and the United States are...

Cuba offers coaches to Indonesia

Cuba offers coaches to Indonesia JAKARTA (JP): Cuba has approached the National Sports Council (KONI) about making available coaches and training facilities to help develop Indonesian athletes, KONI official in charge of research and development Imam Suyudi said on Monday.

Norway to develop hydropower project in Jambi province

Norway to develop hydropower project in Jambi province JAMBI (JP): A consortium of local administrations, Indonesia's state-owned electricity company PLN and Statkraft SF power- generation company from Norway and local private company PT Binatek Reka Energi has set up a joint venture to develop a...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 6, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,925 50 774,500 Adindo Foresta Indonesia 120 -5 55,000 Alakasa Industrindo 400 -35 5,500 Alfa...

Illegal logging and looting threaten Lampung's forests

Illegal logging and looting threaten Lampung's forestsBy Hera Diani LAMPUNG (JP): Like other provinces in Sumatra, Lampung is blessed with lush green forests which spread from the south near the Sunda Straits to its northern area that abuts Bengkulu.

Opposition parties lawless: Mahathir

Opposition parties lawless: Mahathir KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad accused opposition parties Monday of lawlessness after 116 people were arrested in Malaysia's biggest anti-government protest for months, but his opponents criticized police for using "Gestapo" tactics.

Lowering forward position limit an option, says Anwar

Lowering forward position limit an option, says Anwar JAKARTA (JP): Bank Indonesia senior deputy governor Anwar Nasution said on Monday that lowering the maximum US$5 million open forward position was an option to help curb speculation in the rupiah.

Rates for tax payment, valid from Nov. 6 to Nov 12

Rates for tax payment, valid from Nov. 6 to Nov 12 U.S. dollar 1 Rp 9,060.00Austrian schilling 1 552.94Australian dollar 1 4,703.95Belgian franc 1 188.61Canadian dollar 1 5,908.05Swiss franc 1 5,008.29Deutschemark 1 3,893.43Danish krone 1 1,023.83French franc 1 1,159.91Poundsterling 1 13,073.

Bengkulu forests under threat

Bengkulu forests under threat BENGKULU: Officials here said on Monday 48,000 of 251,000 hectares of conserved forest in the province have been damaged by illegal logging.The head of the provincial forestry agency, Harjanto, told Antara the immediate reforestation of the damaged areas was necessary...

Late paper

Late paper Due to technical problems, The Jakarta Post reached subscribers in Bandung, Lembang, Cimahi, Indramayu and Cirebon of West Java, Pekalongan, Tegal, Purwokerto and Cilacap of Central Java, and Tanjung Karang of Lampung late yesterday. We apologize for the inconvenience. -- Publisher

Mahathir rebukes Chinese group

Mahathir rebukes Chinese group KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad on Monday criticized a Chinese educational group for its objections to planned multiracial schools.The government, which fears the races are becoming too polarized, is planning more "vision schools".

A recurring disaster

A recurring disaster Floods and landslides are no new phenomena to many areas of Java, especially along the island's northern and southern coasts. In the area around Brebes near the West Java border and along the Jepara shoreline toward the east, for example, the inhabitants are so used to floods...

Matraman youths to be given business training

Matraman youths to be given business training JAKARTA (JP): In an apparent attempt to help reduce prolonged clashes in the brawl-ridden Matraman area in East Jakarta, the National Board of Social Welfare (BKSN) is holding a workshop on small-scale enterprises empowerment for some 100 youths and...

Gus Dur fails people's wishes

Gus Dur fails people's wishes Many people had high hopes for President Abdurrahman Wahid, or Gus Dur as he is widely known, but he has failed to live up to their expectations. In reality, few people expected him to be a great president when he was elected.

Govt, IMF agree to slow down BRI loan divestment

Govt, IMF agree to slow down BRI loan divestment JAKARTA (JP): The government and the International Monetary Fund (IMF) have reached an agreement not to force state-owned Bank Rakyat Indonesia (BRI) to divest all its corporate loans by the end of this year as originally scheduled, a senior...

Ex-Golkar boss grilled over July 27 incident

Ex-Golkar boss grilled over July 27 incident JAKARTA (JP): Golkar's former secretary general Ary Mardjono was questioned on Monday by a joint military-police team over the violent takeover of the Indonesian Democratic Party (PDI) headquarters on July 27, 1996.Col.

Prosecutor seeks 15 months for Doyok

Prosecutor seeks 15 months for Doyok TANGERANG (JP): A state prosecutor asked on Monday that the Tangerang District Court sentence comedian Sudarmadji, better known as Doyok, to 15 months in jail for the illegal possession and use of 0.5 grams of crystal methampethamin (shabu-shabu).

RI juniors finish third in World C'ships

RI juniors finish third in World C'ships JAKARTA (JP): Indonesia finally finished third in the World Junior Badminton Championships for the Bimantara Cups in Guangzhou, China, on Monday by defeating Chinese Taipei.

Five suspects arrested over killing of police

Five suspects arrested over killing of police MAKASSAR, South Sulawesi (JP): Local police arrested five men on Sunday for their alleged involvement in the murder of Second Insp. Don Bosco Sagala, a police officer said on Monday.

IBRA sells QAF stake

IBRA sells QAF stake SINGAPORE (AFX-ASIA): BNP Prime Peregrine has sold 82 million QAF shares, equivalent to a 25 percent stake in the company, on behalf of the Indonesian Bank Restructuring Agency at S$0.45 a share through cross trades in the market, a BNP Prime Peregrine source said.

Military undergoes major leadership reshuffle

Military undergoes major leadership reshuffle JAKARTA (JP): The Indonesian Military (TNI) on Monday formally announced the much anticipated promotion of Maj. Gen Kiki Syahnakri to the position of Army Deputy Chief of Staff as part of a major military reshuffle involving 94 senior military officers.

Cileduk soccer team goes to top 16

Cileduk soccer team goes to top 16 JAKARTA (JP): Cileduk soccer school team cruised to the top 16 after outclassing Wahana Bogor team 2-1 in the Group B match of the Under-13 Aspirin Cup soccer tournament at Aspirin field in Senayan complex here on Monday.

RI's rice import taxes won't hurt Vietnam

RI's rice import taxes won't hurt Vietnam HANOI (Dow Jones): Indonesia's decision to raise rice import taxes and refrain from importing rice next year won't hurt Vietnam's rice exporters because they have already slowed their exports to Indonesia, a Vietnamese official said Monday.

City official to be questioned over illegal billboard

City official to be questioned over illegal billboard JAKARTA (JP): City Planning Agency chief Ahmadin Ahmad will be questioned soon by the City Officials Honorary Council for his alleged role in granting permission to erect a giant billboard in a restricted zone, an official said on Monday.

House commission works on GMO rules

House commission works on GMO rules JAKARTA (JP): Insisting it is taking an impartial stance on transgenic products, or Genetically Modified Organisms (GMO), House of Representatives Commission VIII for environmental, science and technology affairs is working on a draft law to regulate the...

RI seeks $2b from Japan to develop cyber city

RI seeks $2b from Japan to develop cyber city JAKARTA (JP): Indonesia expects to obtain about US$2 billion from Japan's special IT development fund to establish a "cyber city" at the Jakarta Fairground in Kemayoran, Central Jakarta, the developer said here on Monday.

NU chief asks Amien, Gus Dur to end feud

NU chief asks Amien, Gus Dur to end feud JAKARTA (JP): Hasyim Muzadi, chairman of the largest Muslim organization Nadhlatul Ulama (NU), called on President Abdurrahman Wahid and People's Consultative Assembly speaker Amien Rais to end their personal row to help calm their supporters at the...

Protesters ransack WWF office in Bali

Protesters ransack WWF office in Bali DENPASAR, Bali: Some 200 people protesting the ban on the turtle trade ran amok here on Monday morning at the local office of the World Wide Fund for Nature (WWF).Protesters ransacked the WWF office on Jl.

Lawyers accused of harassing House

Lawyers accused of harassing House JAKARTA (JP): A hearing over the high-profile scandal in the National Logistics Agency (Bulog) at the House of Representatives turned into a bitter argument on Monday.

Death toll in C. Java landslide reaches forty-five

Death toll in C. Java landslide reaches forty-fiveBy Israr Ardiansyah PURWOREJO, Central Java (JP): The death toll from the landslide which struck three districts in the regency of Purworejo reached 45 on Monday, while seven people were reported missing, latest records at a joint emergency post...

House approves law on human rights tribunal

House approves law on human rights tribunal JAKARTA (JP): The House of Representatives passed on Monday a law on human rights tribunals which makes it possible to try past abuses.In a plenary session led by House Deputy Speaker Soetardjo Soerjoguritno, all 10 factions at the House endorsed the law.

Inflation threatens economic recovery, says economist

Inflation threatens economic recovery, says economist BOGOR, West Java (JP): The country's economic recovery process is now being threatened by the inflationary pressure caused by the weakening rupiah and greater demand for goods and services, according to noted economist Sri Mulyani.

Suggestions by students

Suggestions by studentsFrom RepublikaThis nation is undergoing a hard exam. The latest proof is that the leaders have been challenging each other. The President has challenged the People's Consultative Assembly (MPR) to hold a special session.

Landslides, floods wreak havoc in Central Java

Landslides, floods wreak havoc in Central Java PURWOREJO, Central Java (JP): Landslides and floods which had struck Purworejo, Purbalingga and Kebumen regencies following two days of torrential rains, have killed at least 21 residents and damaged dozens of houses, an official reported on Sunday.

Lippo launches new housing complex

Lippo launches new housing complex JAKARTA (JP): Real estate developer Lippo Cikarang has launched a new housing complex on its 3,000-hectare site in Cikarang, Bekasi, West Java.The company's public relations head, Jeanny Wullur, said on Saturday that the new project, called Bukit Cikarang Housing...

Newmont projects 50% increase in gold output

Newmont projects 50% increase in gold output JAKARTA (JP): PT Newmont Nusa Tenggara (NNT), a subsidiary of the Denver-based Newmont Mining Corporation, expects to produce between 550 to 600 million pounds of copper and 400,000 to 450,000 ounces of gold from its Batu Hijau copper and gold mine on...

U.S. presidential election and the spat with RI

U.S. presidential election and the spat with RIBy Gandhi Sukardi JAKARTA (JP): Like anywhere else, the United States presidential election has been closely watched by many Indonesians, but this time with a difference.