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 1,238 articles

Chrysler mulls Thai plant

Chrysler mulls Thai plant BANGKOK (Reuter): Chrysler Corp is mulling the possibility of locating a new vehicle assembly plant in Thailand or Indonesia, Chrysler's senior Thai representative said."We are in the first phase of deciding right now.

International monitoring of general elections improves

International monitoring of general elections improvesBy Mulyana W. Kusumah JAKARTA (JP): International monitoring of general elections, to ensure free and fair polling, has improved dramatically in recent years; the result of many countries' desire to facilitate global democracy.

Goldstake up on RI deal

Goldstake up on RI deal TORONTO (Reuter): Shares in Goldstake Explorations Inc rose sharply in heavy trading on Monday after it received a contract of work (COW) for its property in Indonesia, traders said."They got a COW," said an equity trader.

Irian Jaya esrthquake death toll rises to 96

Irian Jaya esrthquake death toll rises to 96 JAYAPURA, Irian Jaya (JP): At least 96 people are dead, 49 missing and 44 critically injured in the aftermath of the Feb. 17 major earthquake in Irian Jaya's Biak Numfor regency, relief workers said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: Solo Pianist, daily from 7:30 p.m. to 10:30 p.m., opening hours Monday to Sunday 11 a.m to 1 a.m. * Hotel Aryaduta, Jl.

Domestic airlines expected to face stiff competition

Domestic airlines expected to face stiff competitionBy I. Christianto JAKARTA (JP): Domestic airlines have to prepare themselves for stiffer competition with foreign airlines as the government has invited foreign airlines to serve more destinations in the country in anticipation of heavy tourism by...

Ten people killed during festive celebrations

Ten people killed during festive celebrations JAKARTA (JP): Ten people were killed in various accidents during the two-day Idul Fitri celebrations, the Cipto Mangunkusumo general hospital reported yesterday.

Public forestry debate to be part of conference

Public forestry debate to be part of conference JAKARTA (JP): Former environment and population minister Emil Salim said a public hearing on forest management will be held as part of the Second Conference of the World Commission on Forest and Sustainable Development (WCFSD) here on March 3 and...

BI under pressure to punish defiant banks

BI under pressure to punish defiant banks JAKARTA (JP): Bank Indonesia, the central bank, has been under pressure to take firm action against banks violating the legal lending limit regulation.Analysts have said firm action is needed to punish those who do not abide by the legal lending limit.

KL ads grow 23 percent

KL ads grow 23 percent KUALA LUMPUR (AFP): Malaysia's total media advertising expenditure for 1995 rose 23.1 percent to two billion ringgit (US$800 million), a news report said Saturday.The Malaysian advertising industry has been experiencing double-digit growth since 1989, except for 1993 when...

Govt initiates hospital accreditation system

Govt initiates hospital accreditation system JAKARTA (JP): The government has started a pilot project to start an accreditation system for hospitals, a mechanism which will inform the public about the standard of the facilities being offered by hospitals in the country.

RP maid given hero's welcome

RP maid given hero's welcome MANILA (AFP): A Filipina maid who saved her three Singaporean wards, including an infant, from a Christmas day fire in the island-state arrived to a hero's welcome in the Philippines yesterday.

80 students stay illegally

80 students stay illegally PADANG, West Sumatra: The authorities have found 80 foreign students, mostly Malaysians, without necessary stay permits.Most do not even have visas, said Sunandar, a spokesman for the provincial immigration office.

Travelers inch their way home

Travelers inch their way home JAKARTA (JP): The Idul Fitri journey home turned into a nightmare yesterday for hundreds of thousands of travelers trapped in the seemingly endless congestion of Java's highways and seaports.

Sempati Air to go public

Sempati Air to go public JAKARTA (JP): The Humpuss Group plans a public offering of its airline company, PT Sempati Air, this year, Antara reported on Saturday.Humpuss' president, Hutomo Mandala Putra, said that the group had prepared two companies -- Sempati and Humpuss Sea Transport -- to go...

Palace of fairy tales

Palace of fairy tales JAKARTA (JP): Some 40 orphans from the Tangerang-based Islamic Village visited the Istana Cerita (Palace of Fairy Tales) at the Ciputra Mall over the weekend.The orphans who were invited by the Mall management watched an Ali Baba operetta.

Last week's flood losses reach Rp 50 billion

Last week's flood losses reach Rp 50 billion JAKARTA (JP): Last week's floods, which killed 20 people, have caused more than Rp 50 billion (US$23.million) in material losses, according to official figures.The deputy governor for social welfare, R.S.

Ramadhan time for Jakarta

Ramadhan time for JakartaMonday Maghrib 6:17 p.m.

Perumnas to build more houses

Perumnas to build more houses JAKARTA (JP): The state-owned housing company Perum Perumnas plans to build more than 10,973 new houses and apartments in 15 locations in Greater Jakarta this year, an official says.

Emirates promotes Java, Bali

Emirates promotes Java, Bali JAKARTA (JP): Emirates, the flag carrier of the United Arab Emirates (UAE), is promoting Java and Bali through a series of televised 30-minute programs seen by audiences in 45 million houses worldwide.

No paper on Idul Fitri

No paper on Idul Fitri In celebration of the Idul Fitri, The Jakarta Post will not be published tomorrow and Wednesday. The Post will appear again on Thursday. We wish our Moslem readers a Happy Idul Fitri. -- Publisher

Nature conservation in Puncak

Nature conservation in Puncak Finally the Puncak mountain resort area, popularly called the Bopunjur (Bogor-Puncak-Cianjur) strip, is declared close for tourist development. No more villas, hotels or restaurants may be built in the area.

Flood delays orchestra's TV show

Flood delays orchestra's TV show JAKARTA (JP): Last week's flood has delayed the Twilite Orchestra's show Simponi Lebaran at the privately-owned television station Indosiar.The Twilite Orchestra announced on Saturday that the delay was caused by the orchestra being unable to record the show on Feb.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: Solo Pianist, daily from 7:30 p.m. to 10:30 p.m., opening hours Monday to Sunday 11 a.m to 1 a.m. * Hotel Aryaduta, Jl.

Cyberbanking cashes in on Internet

Cyberbanking cashes in on InternetBy Riyadi JAKARTA (JP): Domestic banking competition is already fierce and will get fiercer in the near future as the cyberbanking industry looks set to become a reality in Indonesia.The flood of foreign banks onto the Internet is unstoppable.

Bank interest in tax returns

Bank interest in tax returns JAKARTA (JP): Tax Director General Fuad Bawazier said Saturday that incomes which have been taxed under a final tax procedure, such as bank deposits and savings, should not be reported in annual tax returns.

Questions abound as giant rice estate plan proceeds

Questions abound as giant rice estate plan proceedsBy Prapti Widinugraheni JAKARTA (JP): The government's ambitious program to convert more than one million hectares of peat land into rice and food crop estates has stirred a huge controversy.

Govt to revoke cement licenses

Govt to revoke cement licenses JAKARTA (JP): The Central Java office of the Investment Coordinating Board wants the revocation of 11 licenses for the establishment of cement plants in the province because their sponsors have failed to start the projects after some years.

Day of Idul Fitri lies in the stars

Day of Idul Fitri lies in the stars JAKARTA (JP): Idul Fitri is almost certain to fall on Tuesday, but two prominent Islamic organizations say a final decision depends on the sighting of the moon's crescent tonight.

Ramadhan in retrospect

Ramadhan in retrospect With the setting of the last Ramadhan sun today comes the end of the fasting month, when Moslems had to subdue inner storms of biological and emotional demands while practicing virtues of patience and social solidarity.

Golkar health care problem

Golkar health care problem SEMARANG: Golkar, the ruling political grouping, has established health posts to provide first aid for Lebaran travelers at bus terminals in Central Java.More than 1,500 volunteers will be posted in bus terminals in a gesture of Golkar sympathy for ordinary people.

Plantation firm's profits up

Plantation firm's profits up JAKARTA (JP): The state-owned PT Perkebunan (PTP) X-XXXI plantation company, which manages plantations in Lampung and South Sumatra, announced that its profits increased by 50 percent to Rp 83 billion (US$36.24 million) last year.

Police hunt for men threatening Acan's relatives

Police hunt for men threatening Acan's relatives JAKARTA (JP): Bekasi police are hunting a number of men believed to have intimidated relatives of Acan, whose wife and daughters were raped by a gang of robbers last year.Bekasi Police Chief Lt. Col.

Megawati stays calm in face of East Java tension

Megawati stays calm in face of East Java tension JAKARTA (JP): Indonesian Democratic Party (PDI) chief Megawati Soekarnoputri brushed aside yesterday reports that the East Java police were clamping down on the party's two contending local chapters.

Irian quake toll rises to 23

Irian quake toll rises to 23 JAKARTA (JP): The death toll from a powerful earthquake that struck northern Irian Jaya on Saturday rose to 23 yesterday.Fifteen were reported missing while the actual number of fatalities and the extent of the damage were expected to increase.

National sprint rally relocated to Lido

National sprint rally relocated to Lido JAKARTA (JP): The second leg of the national sprint rally will be held at the Lido resort in Bogor instead of in Palembang, South Sumatra, on March 3.The relocation is meant to make the rally more challenging.

Ramos rules out any return of authoritarianism

Ramos rules out any return of authoritarianism MANILA (Reuter): President Fidel Ramos disavowed any plans to declare martial law yesterday and urged the armed forces to oppose anyone who may have "a hidden agenda" to return authoritarian rule to the Philippines.

Cars valued more than human life

Cars valued more than human life BANDA ACEH, Aceh: Owners of missing cars from the sunken KMP Gurita ferry have gotten higher compensation than relatives of the dead and missing.The state-owned insurance companies, PT Jasa Raharja and PT Jasaraharja Putra, transferred Rp 6 million (about US$2,600)...

Dirty business

Dirty business My wife and I are spending a two-week holiday in Bali. On Feb. 15 we got, on the road, a written invitation to visit a new residence, the Risata Club in Kuta. Several gifts were promised, for example free jeep hire which interested us.We visited this residence.

City folks get hero's welcome in home towns

City folks get hero's welcome in home townsBy Fairus Husaini The National Family Planning Board recently organized a media tour across southern Sumatra and Java to see how villages are planning for the return of their former residents for Idul Fitri. The Jakarta Post prepared this report.

Data on Market Capitalization of Selected Asia-Pacific Exchanges

Data on Market Capitalization of Selected Asia-Pacific Exchanges (In US$ billion) Exchanges 1993 1994 1995----------------------------------------------------Indonesia (Jakarta) 32.953 47.241 52.242Malaysia (Kuala Lumpur) 220.328 199.276 224.193Philippines (Manila) 40.327 55.519 55.

Amex plans Telkom options

Amex plans Telkom options CHICAGO, USA (Reuter): The American Stock Exchange (Amex) said it will list options on American Depositary Receipts (ADRs) of PT Telekomunikasi Indonesia (Telkom) on Feb. 22.Telekomunikasi Indonesia options will have initial strike prices of 30, 35 and 40, with expirations...

A public vihara: Palmerah's Buddhist temple

A public vihara: Palmerah's Buddhist temple JAKARTA (JP): For old Jakartans the Buddhist temple in Palmerah is no strange sight, but nobody knows who built it.No wonder people call it a public temple, said Koh Bun Tek, 65, an employee of the temple.

Athletes promised jobs after weightlifting

Athletes promised jobs after weightlifting JAKARTA (JP): Weightlifters who perform to the best of their ability will have no problem finding a job when their sporting days are over, said Soesilo Soedarman, chairman of the Indonesian Weightlifting, Powerlifting and Bodybuilding Association.

New era for Asian exchanges

New era for Asian exchangesBy Sahala Sianipar JAKARTA (JP): The movement of capital across national borders has increased significantly thanks to the acceleration of the free trade area in the Asia Pacific region.

JSX may not reach target for new issuers

JSX may not reach target for new issuers JAKARTA (JP): Executives of several securities companies have estimated that the Jakarta Stock Exchange's (JSX) expectation of 30 to 35 new share issuers this year will not be met due to a concentration on large-sized issues.

Nuclear reactor

Nuclear reactor In his letter of Feb. 9, 1996, entitled Nuclear power, Keith Bradley of Atomic Energy of Canada Limited makes several statements nobody would dare make publicly in Canada. I shudder to imagine what he tells Indonesians in private.

Critics agree that law on subversion tough to revoke

Critics agree that law on subversion tough to revoke JAKARTA (JP): "Let's be realistic", legal expert Loebby Loqman said when asked if the controversial subversion law would be revoked."I'm not pessimistic or optimistic, but I doubt if it will happen in the near future," he told The Jakarta Post on...

TV programs

TV programsTodayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Saber Rider and The Star Sheriff 3:00 News: Lintasan Berita 3:05 Children's Program: Riang Ria 3:30 TV Series: Crystal Maze 4:30 Quiz: Cepat Tepat 4:00 News: Lintasan Berita 4:05 TV Series: Al Jamalludin Al Afghani 5:00 Evening News...

Lamont lambasts EU's view of SEA

Lamont lambasts EU's view of SEA KUALA LUMPUR (AFP): Britain's former Chancellor of the Exchequer Norman Lamont has lambasted the European Union for its negative view of Southeast Asia, a news report said yesterday.