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 1,533 articles

La Paene keeps his word by turning into pro boxer

La Paene keeps his word by turning into pro boxer JAKARTA (JP): National flyweight boxer La Paene Masara was not bluffing when he insisted that the Indonesian Amateur Boxing Association (Pertina) find him a job or he would turn professional.

NDF market poses a threat to rupiah

NDF market poses a threat to rupiah SINGAPORE (Dow Jones): In defiance of Bank Indonesia's recent moves to curb speculative trading in the rupiah, a handful of major foreign banks in Singapore have agreed to start trading rupiah non-deliverable forwards from Monday, dealers said on Thursday.

Asian pulp supply 'remains plentiful despite troubles'

Asian pulp supply 'remains plentiful despite troubles' SINGAPORE (Dow Jones): Asian pulp supply will remain abundant despite Asia Pulp & Paper Co.'s (APP) financial troubles, analysts said.Some believe APP's mountain of debts may pull the brakes on APP's milling operations and lead to a drastic...

Detainee found dead in Bogor

Detainee found dead in Bogor BOGOR (JP): A defendant in a rape case was found dead in his isolation cell at the Paledang penitentiary.The warden, Agus Toyip, said that the victim, identified as Edi Suhendi, 59, was found dead by a guard who was on patrol at around 1:50 a.m.

Court to receive files on corrupt judges this month

Court to receive files on corrupt judges this month JAKARTA (JP): The government-appointed Joint Team to Eradicate Corruption is once again to bring charges against corrupt judges, this time through the offices of public prosecutors.

Why reduce violence?

Why reduce violence? An article in The Jakarta Post on Feb. 12, 2001 (page 1), Indonesian and GAM strike accord to reduce violence, caught my attention and I would like to offer my comments.First of all, what is the use of reducing violence, because we have no exact figures of how major the...

Suspects in attack on City Council held

Suspects in attack on City Council held JAKARTA (JP): Police have detained seven people in connection with Wednesday's mob attack on the City Council, Jakarta Police spokesman Sr. Comr. Anton Bahrul Alam said on Thursday.

Rare trees lost in botanical gardens

Rare trees lost in botanical gardens BOGOR (JP): A large number of rare trees planted in botanical gardens here and in Bali have fallen following days of torrential rain over the past week.Director of the Bogor Botanical Gardens Dedy Darnaedi, who also heads the state gardens in the neighboring...

Malaysia expected to avoid neighbors' turmoil

Malaysia expected to avoid neighbors' turmoilBy Simon Cameron-Moore KUALA LUMPUR (Reuters): When the time comes for Malaysian strong man Mahathir Mohamad to stand down, his country will be better equipped to ride the transition than some of its troubled Southeast Asian neighbors.

Court begins hearing case against Suwondo

Court begins hearing case against Suwondo JAKARTA (JP): The North Jakarta District Court commenced on Thursday the trial of President "Gus Dur" Abdurrahman Wahid's masseur, Muhammad Alip Agung Suwondo, for his alleged role in the Rp 35 billion (US$3.6 billion) State Logistic Agency (Bulog) scandal.

To disband Golkar or not?

To disband Golkar or not?From Rakyat MerdekaAmid intensified rallies staged by supporters of President Abdurrahman "Gus Dur" Wahid on one hand and anti Gus Dur demonstrations on the other, out of the blue groups of university students and people took to the streets demanding the disbanding of the...

Music in taekwondo meet to attracts fans

Music in taekwondo meet to attracts fans JAKARTA (JP): The Indonesian Taekwondo Association (TI) blended sports event with musical performance and games at the second LG Cup Taekwondo National Championships in an effort to popularize the sport more.

Regional autonomy revisited

Regional autonomy revisited Barely six weeks since the regional autonomy law came into force, doomsayers in Jakarta are already giving the thumbs down to the power-sharing arrangement between the central and regional administrations.

Government submits to House bill on National Police

Government submits to House bill on National Police JAKARTA (JP): The government submitted to the House of Representatives (DPR) on Thursday the National Police review bill regulating the Police's independence and primary duties in maintaining nationwide security.

PT Ancol official dismissed over financial scandal

PT Ancol official dismissed over financial scandal JAKARTA (JP): President director of PT Pembangunan Jaya Ancol (PJA) Rushadi has paid a dear price for allowing the company to sponsor overseas trips for a group of city councillors and officials.

Mahfud apologizes but stands by claims

Mahfud apologizes but stands by claims JAKARTA (JP): Minister of Defense Mahfud MD apologized on Thursday for alleging that the Golkar Party misused funds during the 1999 general election, but not because his remarks were inaccurate, rather for the "hurt" they caused the party.

IFC, SCB agree to aid RI importers

IFC, SCB agree to aid RI importers JAKARTA (JP): The International Finance Corporation (IFC) and Standard Chartered Bank (SCB) signed an agreement on Thursday to provide some US$125 million in trade financing for Indonesian importers.

BMW predicts continued growth in Asia

BMW predicts continued growth in Asia SINGAPORE (Reuters): Germany's BMW AG said on Thursday it expected double-digit growth in car sales in Asia to continue this year.The luxury carmaker said sales of its cars in Asia rose 16 percent to 58,250 vehicles in 2000.

City receives ISO certificate

City receives ISO certificate JAKARTA (JP): Two of the city's 43 district offices received on Wednesday ISO 9002 certificate for their quality services.The certificates were handed over by German-based TUV International Indonesia to Governor Sutiyoso in a ceremony held at the Duren Sawit district...

Surakarta hosts supercross event

Surakarta hosts supercross event SURAKARTA, Central Java (JP): Surakarta will host the first leg of the national and international Gudang Garam Supercross Indonesia 2001 on Feb. 17 and Feb. 18."Supercross is a completely different event compared to motocross or grass track.

Comic trio brings fun to Jakarta

Comic trio brings fun to Jakarta JAKARTA (JP): The Chipolatas, a dynamic trio with a pledge to bring music, juggling and acrobatic madness to everyone, are coming to Jakarta and Surabaya.The trio of Sam Thomas, Jasper King and Tristan Glover specialize in the thrill of circus stunts, which are...

Hanson's views a threat to Aussie-RI ties

Hanson's views a threat to Aussie-RI ties JAKARTA (JP): Visiting Australian trade minister Mark Vaile on Thursday maintained that Canberra does not endorse the statements of Australian far-right politician Pauline Hanson, warning that her remarks could damage bilateral relations.

The 'jilbab' a personal choice for Muslim women

The 'jilbab' a personal choice for Muslim women JAKARTA (JP): It's not a case of everybody's doing it, and some Muslim women who make the intensely personal decision to wear the jilbab (head scarf) must deal with negative reactions from those around them, including members of their family.

Antigraft commission

Antigraft commissionFrom RepublikaWe would hereby like to publicly announced that recently some irresponsible people claiming to be members of the Antigraft Commission in Jakarta or other regions in Indonesia have written decisions and others kinds of letters.

Asian currencies mostly higher, rupiah steady

Asian currencies mostly higher, rupiah steady SINGAPORE (Dow Jones): The Japanese yen's vigor buoyed most Asian currencies late Thursday, dealers said.The yen provided some relief for the won, the New Taiwan dollar, and to a lesser extent, the Singapore dollar, although the impact was relatively...

SE Asian gas pipeline plan to be studied

SE Asian gas pipeline plan to be studied SINGAPORE (AP): A plan to create a massive gas pipeline network across Southeast Asia is ready to be studied by officials in the region, a report said Thursday.The plan, drafted by a task force from the Association of Southeast Asian Nations, or ASEAN, will...

Stranded tourists saved by mobile text message

Stranded tourists saved by mobile text message JAKARTA (JP): Twelve foreign tourists and six cabin crew stranded on a yacht named the Ombak Indah which was forced off course in Lombok waters, West Nusa Tenggara, were rescued on Thursday after one of the tourists sent a mobile telephone text message...

PPP firm on its stance on special session

PPP firm on its stance on special session BANDUNG (JP): United Development Party (PPP) chairman Hamzah Haz on Thursday remained unrelenting in his argument for a special session of the People's Consultative Assembly, saying that it would help reduce tension and conflict."The sooner the better.

Govt warned not to lose control over oil and gas sector

Govt warned not to lose control over oil and gas sector JAKARTA (JP): All the major factions at the House of Representatives expressed their support for the recently submitted oil and gas bill, but they warned that the government mustn't loose control over the strategic oil and gas sector despite...

Taiwan, Jakarta markets shine

Taiwan, Jakarta markets shine SINGAPORE (Reuters): Most Asian markets were lackadaisical on Thursday, but a spurt in the U.S. Nasdaq index enthused technology stocks, driving Taiwan shares to end up nearly 3.5 percent.In Tokyo, the dollar stood at 116.

Semen Padang beats PSPS

Semen Padang beats PSPS JAKARTA (JP): Semen Padang managed to end its victory drought by defeating PSPS Pekanbaru 3-1 at Agus Salim Stadium in Padang on Thursday.Host Semen Padang scored three goals by strikers Syafril M in the 15th minute, Husaini in the 40th minute and Purwanto in 78th minute.

Bank Mandiri plans to raise US$600m via IPO

Bank Mandiri plans to raise US$600m via IPO JAKARTA (JP): Giant state Bank Mandiri plans to raise about US$600 million from its initial public offering (IPO) in October, according to the bank's president E.C.W. Neloe.

Tugu Muda to host national c'ships

Tugu Muda to host national c'ships SEMARANG (JP): The Semarang-based Tugu Muda table tennis club will host the national championships in the middle of April.The club's secretary-general, Jayanto Arus Adi, said on Thursday the event was being staged to boost competitiveness among local clubs, which...

Rizal says IMF is too pushy

Rizal says IMF is too pushy JAKARTA (Agencies): Indonesia on Thursday complained that the leader of its bailout program, the IMF, was pressing it too hard, saying it was difficult to implement every reform while the country was going through its unruly transition to democracy.

No more reason to delay visit to Australia: Alwi

No more reason to delay visit to Australia: Alwi JAKARTA (JP): While observing improving relations between Jakarta and Canberra, Minister of Foreign Affairs Alwi Shihab said on Wednesday that there should be no more reasons for President Abdurrahman Wahid to delay his visit to Australia.

Timah wins approval to buy Salim coal mining firms

Timah wins approval to buy Salim coal mining firms JAKARTA (JP): Publicly listed tin mining company PT Tambang Timah won unanimous approval from shareholders on Wednesday to go ahead with plans to purchase three coal mining companies formerly owned by the Salim Group.

Perbakin yet to set medal target for KL SEA Games

Perbakin yet to set medal target for KL SEA Games JAKARTA (JP): With only seven months to go, the Indonesian Target Shooting and Hunting Association (Perbakin) is yet to set a medals target for the Kuala Lumpur Southeast Asian (SEA) Games as it waits first to observe other countries' achievements.

AFP to sell residential units

AFP to sell residential units SINGAPORE (Dow Jones): Asia Food & Properties Ltd. (P.AFP), or AFP, has put on the open market its 23 unsold Costa Rhu condominium apartment units, the Straits Times reported Wednesday.

Govt to privatize 16 state-owned companies this year

Govt to privatize 16 state-owned companies this year JAKARTA (JP): The government plans to privatize or divest ownership in some 16 state-owned enterprises (SOEs) this year in a bid to raise about Rp 6.5 trillion (US$684 million) to finance the state budget deficit, an official said on Wednesday.

Security battalions to be scaled down

Security battalions to be scaled down AMBON, Maluku: Pattimura Military Commander Brig. Gen. I Made Yasa said on Wednesday that due to improved conditions in Maluku and North Maluku provinces, the military and police battalions in both areas will be scaled down from 17 to only 11.

KAI moves to better services

KAI moves to better services JAKARTA (JP): State railway company PT Kereta Api Indonesia (KAI) began a survey of passengers in Greater Jakarta on Wednesday in a bid to improve services.Assisted by senior high school students, company employees distributed yellow forms to embarking passengers at all...

Kancil car ready for sale

Kancil car ready for sale BANDUNG, West Java (JP): Automobile manufacturer PT Kurnia Abadi Niaga Citra Indah Lestari (KANCIL) said it would commercially launch its Kancil car in July this year.KANCIL vice president Achdiat A.

RI, Malaysia to form palm oil alliance

RI, Malaysia to form palm oil alliance JAKARTA (Reuters): Malaysia and Indonesia, the world's biggest producers of palm oil, plan an alliance to boost the sagging international price of the commodity, an Indonesian trade and industry ministry official said on Wednesday.

Revoke liquor trading decree!

Revoke liquor trading decree!From Bisnis IndonesiaIt is widely reported in the mass media that the government has issued a policy on the trading arrangements for liquor. In my opinion, this policy will lead to monopolistic practices.

Former minister testifies in Bank Bali trial

Former minister testifies in Bank Bali trial JAKARTA (JP): Former Minister of Finance Bambang Subianto, who was also chairman of the Indonesian Bank Restructuring Agency (IBRA), testified on Wednesday that Rudy Ramli, when he was president of Bank Bali, had complained about the difficulties to...

S'pore, Riau promote ties

S'pore, Riau promote ties SINGAPORE (AFP): Singapore has agreed to promote cooperation in agri-business projects in Indonesia's Riau province, officials from both countries said Wednesday.Singapore Trade Minister George Yeo and Riau provincial Governor Saleh Djasit said in a statement they...

One more trekker found dead

One more trekker found dead PURWOKERTO, Central Java: One more missing trekker from Gadjah Mada University's Nature Lovers club was found dead on Wednesday, raising the number of fatalities to three.Purbalingga Police chief. Comr.

La Paene still training for SEA Games: Pertina

La Paene still training for SEA Games: Pertina JAKARTA (JP): Boxer La Paene Masara is still part of the Indonesian Amateur Boxing Association (Pertina) training camp for the Kuala Lumpur Southeast Asian (SEA) Games, despite the fact that he has left the camp for personal reasons.

Analyst sees nice deals in RI stocks

Analyst sees nice deals in RI stocks HONG KONG (Reuters): Regional investors are overplaying political risk and passing up bargains in Southeast Asian equities, including Indonesia, says Aaron Pong, a director of fund managers RBC Investment Management (Asia) Ltd.

Teasing and sympathy in paintings of Gus Dur

Teasing and sympathy in paintings of Gus DurBy M. Dwi Marianto YOGYAKARTA (JP): Sometimes maybe even President Abdurrahman Wahid wonders if nearly everybody, including the art community, has something against him.