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 1,462 articles

Thai deficit to fall in 1997

Thai deficit to fall in 1997 BANGKOK (AFP): Thailand's current account deficit in 1997 is expected to narrow to between 6.5 and 7.0 percent of gross domestic product (GDP) from 8.0 percent this year, a finance ministry official said yesterday.

Toyota to launch 'Asia car' soon

Toyota to launch 'Asia car' soon TOKYO (AFP): Japan's Toyota Motor Corp. yesterday said it would launch its "Asia car" in Thailand next month, with production already underway at its Thai plant.It said local subsidiary Toyota Motor Thailand Co. Ltd.

Ancol bridge 'not obstructing river's flow'

Ancol bridge 'not obstructing river's flow' JAKARTA (JP): Vice Governor TB. M. Rais yesterday refuted Minister of Public Works Radinal Moochtar's claims that the construction of a bridge, in front of Ancol Dreamland's entrance in North Jakarta, obstructed the Ancol river's flow.

Activists decry abuse of women

Activists decry abuse of women JAKARTA (JP): Women activists decried yesterday increased violence against women this year and blamed it partly on Indonesia's ingrained patriarchal values.Ita Fatia Nadia, Tati Krisnawaty and Nursyahbani Katjasungkana spoke of the difficulties in fighting violence...

Medan deports three aliens

Medan deports three aliens MEDAN, North Sumatra: North Sumatra immigration authorities have deported three foreigners for misusing their tourist visas working as English teachers.Dahlawi Hasyimi, head of the provincial immigration office, said the aliens admitted to having misused their visas for...

Pickpocket in Kuta

Pickpocket in Kuta I was in Bali recently to attend a media presentation of a TV network here in Indonesia. I was having such a grand time exploring and appreciating the beauty of the island, when it had to be screwed up by a pickpocket.

Insecurities keep Korea divided

Insecurities keep Korea dividedBy John Gittings SEOUL (JP): Korea is a peninsula encircled by uncertainty - and not just in the North. We may be impressed by South Korea's great "chaebol" manufacturing companies and its transition to democracy.

Polgar pledges to play her best

Polgar pledges to play her best JAKARTA (JP): Hungarian Grandmaster Judith Polgar promised she would play to her best when she takes on Indonesian GM Utut Adianto in a special chess duel."I will show my best play although I know that Utut Adianto is a good player," Judith said on her arrival at...

Statoil holds ground on E. Timor oil deal

Statoil holds ground on E. Timor oil deal OSLO (AFP): Norway's state-owned oil company Statoil is not concerned by Portuguese allegations that its planned activities off the coast of East Timor are illegal, Statoil representatives said yesterday.

Bre-X and Barrick agree to 10% govt stake in mine

Bre-X and Barrick agree to 10% govt stake in mine JAKARTA (JP): Canada's Bre-X Minerals Ltd. and Barrick Gold have finally agreed to provide a 10 percent stake in the disputed Busang II gold mine to the Indonesian government, according to a senior official at the Ministry of Mines and Energy.

Malaysia aims to become financial hub

Malaysia aims to become financial hub KUALA LUMPUR (AFP): Malaysia is poised to emerge as a financial hub due to its strong economic growth and the globalization of the financial market, a junior minister here said yesterday.

Subway project waits for presidential decree

Subway project waits for presidential decree JAKARTA (JP): Deputy Governor for Economic and Development Affairs TB. M. Rais said yesterday the presidential decree for the Mass Rapid Transit (MRT) project had not yet been issued.

RI envoy hosts welcome dinner for Bishop Belo

RI envoy hosts welcome dinner for Bishop BeloBy Lela E. Madjiah OSLO (JP): Indonesian Ambassador for Norway Amiruddin Noor hosted a dinner Sunday for Dili Bishop Carlos Filipe Ximenes Belo, who is here to accept the 1996 Nobel Peace Prize today.

Halla joins Aussie plant

Halla joins Aussie plant SEOUL (UPI): South Korea's Halla Group and Resource Equities Ltd. of Australia have signed a deal to build a $800-million iron plant, a Halla spokesman said yesterday.Construction is due to start by January 1998 in Perth in western Australia, due for completion by the year...

ABRI urged to probe death of NU member

ABRI urged to probe death of NU member JAKARTA (JP): Abdurrahman Wahid, head of the Nahdlatul Ulama (NU), demanded an investigation yesterday into a report that a member of the Moslem organization died in custody in East Java last week.

Main witness absent at murder reconstruction

Main witness absent at murder reconstruction YOGYAKARTA (JP): Marsiyem, wife of slain journalist Fuad Muhammad Syafruddin and the main witness in the investigation into his murder, was too ill to attend yesterday a police reconstruction of the murder.

House proposes 20 names for vacant justice posts

House proposes 20 names for vacant justice posts JAKARTA (JP): The House of Representatives in its plenary meeting yesterday proposed 20 candidates for the ten vacant justice posts at the Supreme Court.

People behind the Nobel Committee

People behind the Nobel CommitteeBy Meidyatama Suryodiningrat JAKARTA (JP): Just days after the Norwegian Nobel Committee announced the winners of the 1996 Peace prize, Indonesia's Ambassador to Oslo was on the defensive saying that little could have been done to present a counter argument to the...

Anis retains IBF title, nets Rp 33m reward

Anis retains IBF title, nets Rp 33m reward JAKARTA (JP): Local hero Anis Roga retained his International Boxing Federation Intercontinental junior flyweight crown when he battered Thailand's Chaider Jaroen into submission in the 11th round in their title fight at Probolinggo, East Java, Sunday.

RI cyclists win mountain race

RI cyclists win mountain race JAKARTA (JP): Two national cyclists Tonton Susanto and Nurhayati won the men's and women's 18th PR-Djarum Trophy mountain race.Tonton clocked 1 hour 37.37 minutes in the 53-kilometer race from Tangkuban Perahu to Lembang in West Java.

Foreign artist hirers 'must heed regulations'

Foreign artist hirers 'must heed regulations' JAKARTA (JP): Jakarta Governor Surjadi Soedirdja warned entertainment venues yesterday not to violate city regulations on hiring foreign artists for Christmas and New Year's Eve celebrations.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Morgan's 1072 Classic Disco, Asian Force Band, Tuesday and Thursday, 9 p.m. to 12:30 a.m., Saturday: 9:30 p.m. to 1 a.m.; Acid Speed Band, Friday, 9 p.m. to 12:30 a.m.; Platinum Band, Wednesdy, 9 p.m. to 12:30 a.m.

Central Jakarta police chief

Central Jakarta police chiefFrom KompasI am referring to a letter in the Nov. 21 edition of Kompas titled Attitude of Central Jakarta police chief (quoted by The Jakarta Post on Nov. 23 under the title Central Jakarta police chief) about an SCTV reporter interrogated by Central Jakarta district...

Land scarcity may lead to troubles, city planner says

Land scarcity may lead to troubles, city planner says JAKARTA (JP): Disputes might increase if the government did not redistribute land to meet housing needs as land became scarcer, an urban planner said last week.C.

Officials tried for passports forgery

Officials tried for passports forgery JAKARTA (JP): Two Ministry of Religious Affairs officials and a man from a private foundation are being tried for forging ten passports.Prosecutor Rusmini S. Meliala told yesterday the Central Jakarta District Court said that one official, Zk, in cooperation...

Tunky's mission at the WTO

Tunky's mission at the WTO These are busy days for Minister of Industry and Trade Tunky Ariwibowo. Besides leading the Indonesian delegation to the ongoing World Trade Organization (WTO) ministers' meeting, he will use this opportunity in Singapore to overcome the deadlock he met in his earlier...

Sinar Mas says it won't inject cash in Amcol

Sinar Mas says it won't inject cash in Amcol JAKARTA (JP): Sinar Mas chairman Eka Tjipta Widjaja said yesterday his group would not inject cash into the troubled Singapore-based Amcol Holdings.He said his local companies would takeover the majority of Amcol through a share swap arrangement.

Bank domination has disadvantages: IMF official

Bank domination has disadvantages: IMF official JAKARTA (JP): Bank domination of Indonesia's financial system has several disadvantages despite its role in maintaining macroeconomic stability and economic efficiency, an International Monetary Fund (IMF) official says.

House passes sweeping bill on broadcasting

House passes sweeping bill on broadcasting JAKARTA (JP): The House of Representatives agreed yesterday to pass the bill on broadcasting which gives the government sweeping powers to regulate the industry, including advertising, and the use of new communications technology such as the internet.

WTO and IMF sign cooperation agreement

WTO and IMF sign cooperation agreement SINGAPORE (JP): The World Trade Organization (WTO) and the International Monetary Fund (IMF) have moved a step closer together.WTO Director General Renato Ruggiero and IMF managing director Michel Camdessus signed a cooperation agreement here yesterday.

Honor or disgrace?

Honor or disgrace? Whether it be by chance or by design, this year's Nobel prizes for peace are to be presented to the recipients today to coincide with the commemoration of International Human Rights Day.

Bakrie signs $50 million loan

Bakrie signs $50 million loan JAKARTA (JP): PT Bakrie Investindo, one of Bakrie Group's three holding companies, signed a loan agreement yesterday for US$50 million in Eurobond notes to refinance some of its short- term debts.The unsecured loan was issued at an annual interest rate of 9.

Prosecutors wants 3 years jail for prison guard

Prosecutors wants 3 years jail for prison guard JAKARTA (JP): A state prosecutor asked the East Jakarta District Court yesterday to sentence a senior prison guard to three years jail for his role in businessman Eddy Tansil's escape in May.

Ecotourism promising for Buton

Ecotourism promising for Buton BAU BAU, Southeast Sulawesi (JP): Ecotourism, its advocates believe, is one form of sustainable development and could hold the promise for a bright future on scenic Buton.The initiative has come from Asep S.

Two die in flood

Two die in flood CILACAP, Central Java: Three days of incessant rains have made the Cibereum River overflow, submerging 485 homes and 270 hectares of farmland in 50 to 125 centimeters of water.Two men were found dead after being stricken by lightning.

Rivals seek Afghan seat at OIC ministerial meeting

Rivals seek Afghan seat at OIC ministerial meeting JAKARTA (JP): The opening day of the 24th meeting of foreign ministers of the Organization of Islamic Conference (OIC) was hit with a quandary yesterday as Afghan delegates from opposing sides sought to occupy a seat in the meeting.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Berenstain Bears 3:00 News: Lintasan Berita 3:05 Music: Gelar Musik 3:30 Science Film: Beyond Tomorrow 4:00 News: Lintasan Berita 4:05 Science and Technology Film 4:30 Teenagers' Program: Drama Remaja 5:00 Regional News 5:30 English Lessons...

Housemaid reports rape

Housemaid reports rape JAKARTA (JP): A 17-year-old maid told the Menteng police subprecinct yesterday that her employer had raped her.The maid, Tn, who works for Jumadi who lives on Jl. Menteng Tenggulun, Central Jakarta, said Jumadi raped her last Thursday night.Menteng Police Chief Capt.

Ship captain killed

Ship captain killed JAKARTA (JP): A sailor surrendered yesterday to the Sunda Kelapa Police sub-precinct for killing his captain on a fishing boat.The Harbor Police Chief Lt. Col. Arie Sueba said the man, identified as Hs., killed Suwito, 40, on Dec. 2. when the ship was on the Java sea.

Panasia secures loan

Panasia secures loan JAKARTA (JP): PT Panasia Indosyntex, a publicly listed textile producer, secured yesterday a syndicated loan worth US$36 million from seven foreign and local joint venture banks.The company said the loan, which exceeded its target of around $30 million, would be used to repay...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 9, 1996: -------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,075 0 0 AHAP Insurance 2,675 0 0 Alumindo...

'King of scavengers' to get rights award

'King of scavengers' to get rights award JAKARTA (JP): Father Sandyawan Sumardi, the Catholic priest and low-profile social worker who recently rose to fame after he was found harboring wanted youth activists, will receive the Yap Thiam Hien human rights award tonight.

Soeharto urges OIC to boost trade links

Soeharto urges OIC to boost trade links JAKARTA (JP): As host of the ministerial meeting of the Organization of Islamic Conferences (OIC), Indonesia urged the body yesterday to strengthen development cooperation to combat the economic plight facing many of its member states.

More support flows in to defend human rights body

More support flows in to defend human rights body JAKARTA (JP): More people are coming to the defense of the National Commission on Human Rights since it received a rap over the knuckles from the government for overstepping its boundaries.

RI wants fair game at WTO

RI wants fair game at WTOBy Riyadi SINGAPORE (JP): Indonesia is urging the inaugural World Trade Organization (WTO) ministerial conference here to establish level playing fields, review the implementation of commitments by member states and resume negotiations on unfinished business.

Ecstasy smugglers use post offices

Ecstasy smugglers use post offices JAKARTA (JP): Overseas traffickers of Ecstasy pills and heroin have made post offices in Indonesia's big cities one of their favorite ways of smuggling drugs, says an officer at the Directorate General of Customs and Excise.

Death toll in plane crash up

Death toll in plane crash up BANJARMASIN, South Kalimantan: The death toll in Saturday's plane crash rose to 18 yesterday when one of the four critically injured people died in hospital.The latest to die, Ardiansyah, 45, was a worker at the gas factory the locally-built light aircraft crashed into...

Garuda Indonesia agrees to train travel agents

Garuda Indonesia agrees to train travel agents JAKARTA (JP): National flag carrier Garuda Indonesia signed yesterday an agreement with the Association of Indonesian Travel Agencies (Asita) on improving travel agents' skills.

Military track down protesters

Military track down protesters DILI, East Timor: The military vowed yesterday to track down more leaders of the Nov. 25 anti-government demonstration here."They make youths demonstrate when they think it is appropriate, such as when foreign journalists visit the town," said Maj. Gen.

Belo acknowledges differences with Horta

Belo acknowledges differences with HortaBy Lela E. Madjiah OSLO (JP): Winners of the 1996 Nobel Peace Prize Carlos Felipe Ximenes Belo of East Timor and Fretilin leader Jose Ramos Horta acknowledged yesterday their differences by appearing in separate press conferences in conjunction with the prize...