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 1,523 articles

Yayuk nears end of career with Asian Games gold

Yayuk nears end of career with Asian Games goldBy Primastuti Handayani BANGKOK (JP): Indonesian number one Yayuk Basuki closed the penultimate chapter in her career and contributed another gold to her country by making short work of hometown favorite Tamarine Tanasugarn in the women's singles final...

BDN responds

BDN responds In response to our customer's complaint about the loss of some money from a withdrawal from our Wisma Alia branch, we would like to clarify as follows:* On Thursday, Dec. 10, 1998, the customer withdrew Rp 30 million in cash, and the money was received by the customer after the money...

Soldiers warned to be vigilant against provocation

Soldiers warned to be vigilant against provocation JAKARTA (JP): President B.J. Habibie on Thursday warned soldiers that provocation directed at them could be aimed at disrupting national unity.Addressing the graduation of 968 young officers of the Armed Forces Academy's (AKABRI) class of 1998,...

Visa introduces its first debit card in Indonesia

Visa introduces its first debit card in Indonesia JAKARTA (JP): Visa International introduced its first Visa Electron debit card in Indonesia on Thursday in cooperation with state Bank Negara Indonesia (BNI).Executive Vice President of Visa International for Southeast Asia James G.

Passengers rob taxi drivers in two separate incidents

Passengers rob taxi drivers in two separate incidents JAKARTA (JP): Two taxi drivers were wounded, one severely, in separate robberies in East and South Jakarta over the last two days, city police spokesman Lt. Col. Edward Aritonang said on Thursday.

RI regrets air strikes

RI regrets air strikes JAKARTA (JP): The Ministry of Foreign Affairs made the following statement on Thursday on the Iraqi situation:"The government of Indonesia regrets the use of armed force against Iraq by the United States and Britain in implementing the UN Resolution on Mass Destructive...

ARCO plans to shed staff for efficiency

ARCO plans to shed staff for efficiency JAKARTA (JP): Atlantic Richfield Indonesia Inc. (ARII), a unit of the giant United States energy company Atlantic Richfield (ARCO) plans to shed employees as part of an efficiency program.

YLKI cautions against purchasing expired foods

YLKI cautions against purchasing expired foods JAKARTA (JP): In the light of traditions of exchanging gift packages for Christmas and Idul Fitri, the Indonesian Consumers Foundation (YLKI) has reiterated its cautionary warning on the purchasing of foodstuffs, including imported products.

Blind Susanti navigates city's tests with tenacity

Blind Susanti navigates city's tests with tenacity JAKARTA (JP): Where there's a will, there's a way. That is the adage Susanti lives by as she braves the hard times which have hit the nation's capital.

Mar'ie officially queried over Tommy's national car project

Mar'ie officially queried over Tommy's national car project JAKARTA (JP): Former finance minister Mar'ie Muhammad was questioned at the Attorney General's Office on Thursday over the national car project of former president Soeharto's youngest son, Hutomo "Tommy" Mandala Putra.

DPR empowers itself with subpoena rights

DPR empowers itself with subpoena rights JAKARTA (JP): The House of Representatives (DPR) on Thursday decided to give itself the right to subpoena citizens, including the president, and to impose one year prison sentences on those who fail to meet its summons.

Government asked to lift gas subsidies for fertilizer plants

Government asked to lift gas subsidies for fertilizer plants JAKARTA (JP): State oil and gas company Pertamina has asked the government to allow it to lift subsidies on natural gas supplied to fertilizer plants following the government's recent decision to end subsidies on fertilizers.

Net forex reserves rise to $14.28b

Net forex reserves rise to $14.28b JAKARTA (JP): Bank Indonesia's (BI) net international reserves rose by US$13.7 million to $14.28 billion in the week ending Dec. 15 from the previous week's $14.27 billion, the central bank announced on Thursday.

Strike at Iraq pulls Asian monies

Strike at Iraq pulls Asian monies SINGAPORE (Dow Jones): The U.S. strikes against Iraq and the dismal results of the Financial Sector Restructuring Authority auction in Thailand combined to drag Southeast Asian currencies lower against the U.S. dollar during Asian trading hours on Thursday.

The joy of letter writing

The joy of letter writing There is no doubt about it. Many readers of The Jakarta Post do indeed stop to read the Your Letters column. Even the "not-so- serious" readers, who just browse through the newspaper every morning, apparently take an interest in this column, if a letter is penned by any of...

Single currency distant prospect for ASEAN states

Single currency distant prospect for ASEAN statesBy Olaf Jahn HONG KONG (DPA): ASEAN, the Association of South-East Asian Nations, is in the throes of a crisis. Its leaders may have smiled brightly at the end of their summit meeting in Hanoi, but smiles could not belie the seriousness of the crisis.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Fine Arts Exhibition: by Gotot Prakosa, at Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta (Phone: 3140554), 10 a.m. to 9 p.m., Dec. 18-28. * Photo Exhibition: Face to Face: Indonesia and Britain, at World Trade Center, Jl. Jend.

Balinese demand Tommy make good on promises

Balinese demand Tommy make good on promisesBy Putu Wirata DENPASAR, Bali (JP): Uncertainty shrouds the lives of hundreds of farmers forced to vacate their land for a megaproject under the youngest son of former president Soeharto.

PAN to employ big names for campaign

PAN to employ big names for campaign BANDUNG (JP): The National Mandate Party (PAN) is recruiting noted political scientists Ichlasul Amal, Afan Gaffar, Mochtar Mas'ud and Syamsu Rizal Panggabean along with almost 300 other people to campaign for it in the election next June.

Over 2,000 beggars to come to the city

Over 2,000 beggars to come to the city JAKARTA (JP): The number of seasonal beggars flocking to the capital during the Ramadhan fasting month, which will start on Sunday, is projected to remain at about 2,000, an official of the city social service office said on Thursday.H.

RI firm seeks arbitration

RI firm seeks arbitration SINGAPORE (Dow Jones): Indonesia's Asia Pulp & Paper Co. (APP) has filed a notice of arbitration in Singapore against Beloit Asia Pacific, the company said in a statement released late Wednesday.

RP beef up security around U.S. facilities

RP beef up security around U.S. facilities MANILA (AP): Police stepped up security around the U.S. Embassy and other American facilities in the Philippines on Thursday to prevent retaliatory terrorist attacks after Washington ordered missile strikes on Iraq."All U.S.

Three Korean banks merge

Three Korean banks merge SEOUL (AFP): Three debt-ridden South Korean banks on Thursday announced they would merge to form a new institution boasting US$51 billion in assets and an expected $2 billion in state capitalization.

Number of haj pilgrims falls by 70%

Number of haj pilgrims falls by 70% JAKARTA (JP): Registrations for the government-organized haj pilgrimage to Saudi Arabia have plummeted by almost 70 percent this year because of the economic crisis, a report said on Thursday.

Infrastructure, services support Enseval's success

Infrastructure, services support Enseval's successPT ENSEVAL PUTERA MEGATRADING Quick distribution of medicine to the public is no easy task. Apart from Indonesia's great geographic expanse, there is also the difficulty of sending goods on time.

Four climbers missing

Four climbers missing PADANG (JP): Rescue workers are still searching for four climbers declared missing on Wednesday while climbing the Merapi mountain in Padangpanjang, 70 kilometers from Padang, West Sumatra.

Industry to be foward-looking to compete

Industry to be foward-looking to competeCHAIRMAN OF THE INDONESIAN PHARMACEUTICAL COMPANIES ASSOCIATION ANTHONY CH. SOENARDJO There is no denying the great effect of the crisis upon the development of the national pharmaceutical sector.

Rights body, KWI refuse to join security council

Rights body, KWI refuse to join security council JAKARTA (JP): The National Commission on Human Rights and the Indonesian Bishops Conference (KWI) have refused to join the newly established Council for Enforcement of Security and Law, saying the council's mandate goes beyond their own function.

Bomb hoax disrupts Pasir Putih cafe

Bomb hoax disrupts Pasir Putih cafe JAKARTA (JP): Lunchtime visitors and staff of the popular Pasir Putih cafe in Kemang, South Jakarta, were evacuated hastily after a telephoned bomb threat on Wednesday afternoon.According to operation manager A.M. Yogi Baskoro, the call was received at 1 p.m.

House urges tight budget for 1999/2000

House urges tight budget for 1999/2000 JAKARTA (JP): The House of Representatives (DPR) urged the government on Wednesday to draft a tight, realistic state budget for the 1999/2000 fiscal year, saying that Indonesia's economy would still be vulnerable next year.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon: Thunder Cats 8:00 Music 8:30 Family's Welfare 9:00 Music 10:00 Interval 2:00 p.m.

ASEAN's new member

ASEAN's new member After days of rifts over Cambodia's admission to the Association of Southeast Asian Nations (ASEAN), the grouping's nine leaders eventually reached a compromise on Tuesday by announcing that the country was to become the association's 10th member.

63 rural banks cease operating

63 rural banks cease operating YOGYAKARTA (JP): Sixty three secondary or rural banks, known locally as BPRs, have ceased operation, leaving Rp 300 billion (US$40 million) of third party funds in question.

Bill on political parties to beat Jan. 28 deadline

Bill on political parties to beat Jan. 28 deadline JAKARTA (JP): The House of Representatives (DPR) looks set to endorse the bill on political parties before the Jan. 28 deadline, despite two important issues still left to be discussed.

Soeharto foundations and KKN

Soeharto foundations and KKNFrom Bisnis IndonesiaBisnis Indonesia on Dec. 15 published an article on page 16 regarding the disbursement of funds by Soeharto's foundations without going through the mechanisms of a meeting of the board of directors.

Ethnic statistics negate humanity

Ethnic statistics negate humanityBy Alfonsus Sirait JAKARTA (JP): The May riots in Jakarta and the preceding disturbances in a number of towns across Indonesia such as Situbondo, Pamanukan, Rengasdengklok, and Medan have sparked tense debates on ethnicity, mostly on the Chinese ethnic group.

Anwar's brother says was forced to frame him

Anwar's brother says was forced to frame him KUALA LUMPUR (Reuters): Lawyers for sacked Malaysian finance minister Anwar Ibrahim read at his trial on Wednesday a letter quoting his adopted brother saying he was tortured by police into lying that Anwar sodomized him.

Trucks operation halted in Lampung

Trucks operation halted in Lampung BANDARLAMPUNG, Lampung: Traders have stopped the operation of about 500 trucks due to a decrease in the volume of merchandise that needs transporting to and from Panjang Port, Antara said on Wednesday.

Violence against women explored in art

Violence against women explored in artBy Amir Sidharta JAKARTA (JP): Some of the works by 18 artists in the Taking a Stance Towards Violence Against Women, on show at the Cemara 6 Gallery, Central Jakarta, until Dec. 20, have really startled some viewers.

Full text of the ASEAN 'Hanoi Declaration of 1998'

Full text of the ASEAN 'Hanoi Declaration of 1998' The full text of the "Hanoi Declaration of 1998" adopted by leaders of the Association of Southeast Asian Nations (ASEAN) at the end of their summit Wednesday.

Civilian militia may worsen social tension: Nasution

Civilian militia may worsen social tension: Nasution JAKARTA (JP): Gen. (ret) Abdul Haris Nasution, one of the country's most senior military figures, has objected to the creation of a civilian militia, saying it will worsen the existing social tension.

Rupiah hits 8,000, stocks rise 2.8%

Rupiah hits 8,000, stocks rise 2.8% JAKARTA (JP): The rupiah slipped to hit an intraday low at 8,000 against the U.S. dollar on Wednesday in thin dealing as stock prices closed 2.8 percent firmer, currency dealers and stockbrokers said.

Newly established party won't affect Golkar's votes: Scholar

Newly established party won't affect Golkar's votes: Scholar YOGYAKARTA (JP): Political scientist Ichlasul Amal said the Justice and Unity Party (PKP) established recently by a group of Golkar dissenters would not steal votes from the dominant political organization at next June's general election.

Local toymakers facing production problem

Local toymakers facing production problem JAKARTA (JP): Local toy producers acknowledged on Wednesday their low production capacity often forced them to reject orders from overseas.Umar, who owns U.D Umar, a wooden automotive toy company, said his company received many orders from foreign buyers,...

Thai crash pilot broke landing rule

Thai crash pilot broke landing rule BANGKOK (AFP): The pilot of the Thai Airways jet which crashed killing 101 people apparently flouted a vital safety rule by trying a third landing attempt in a violent storm.

Just one of 300 tested athletes fails dope test

Just one of 300 tested athletes fails dope test BANGKOK (AP): Only one Asian Games athlete has tested positive for drugs among the 300 for whom tests have been completed, a games medical official said Wednesday.About 800 athletes are expected to be tested by the time competition ends on Sunday.

Street vendors to get designated trading sites

Street vendors to get designated trading sites JAKARTA (JP): Three of the capital's five mayors have said they will provide designated areas to accommodate a sharp increase in the number of street vendors expected during the Ramadhan fasting month, which starts on Dec. 20.

Thailand gets $500m loans

Thailand gets $500m loans WASHINGTON (AFP): The International Monetary Fund on Tuesday announced that Thailand was now entitled to another US$500 million worth of international credits in light of its progress toward economic stability.

51 protesters held for staging rally without notification

51 protesters held for staging rally without notification JAKARTA (JP): Police on Wednesday arrested a group of 51 student protesters for allegedly holding a street rally without prior notification as required by the new law on freedom of expression.

Where to go in Bali:

Where to go in Bali:Exhibitions * Arts Exhibition: by Mangu Putra at The Chedi Gallery, Desa Melinggih Kelod, Payangan Gianyar, Ubud (Phone: 0361 975963), until Jan. 4. * Painting Exhibition: No Retreat, by Barbara Anello, Ahmad Zakii Anwar, Valeriu Sepi, at the Oberoi Bali, Jl.