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 1,552 articles

Exhibition frames Indonesian art through history

Exhibition frames Indonesian art through historyBy Chandra Johan JAKARTA (JP): It all began in the mid 1950s when the late art critic Kusnadi broached the need for a museum to present the journey of Indonesian art.

Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 4, 1998: Buying Selling Rp Rp U.S. dollar 1 8,500.00 10,500.00Austrian shilling 1 633.20 847.90Australian dollar 1 5,644.80 7,072.00Belgian franc 1 223.90 279.00Canadian dollar 1 5,894.

ASEAN ties to remain strong

ASEAN ties to remain strong KUALA LUMPUR (AP): Malaysia's prime minister said the mass repatriation of illegal immigrants would not affect the spirit of solidarity in the Association of Southeast Asian Nations.

Japan ready to help Indonesia beat crisis, says Sakakibara

Japan ready to help Indonesia beat crisis, says Sakakibara KUALA LUMPUR (Agencies): Japan is ready to explore ways to help Indonesia cope with its economic troubles, Japanese Vice Finance Minister for International Affairs Eisuke Sakakibara said yesterday.

Marsetio leads colleagues in rallies

Marsetio leads colleagues in ralliesBy Sirikit Syah SURABAYA (JP): Indonesia has recently witnessed a spate of student demonstrations over many critical issues -- from skyrocketing prices to the need for the People's Consultative Assembly to issue decisions that will usher in economic and political...

Most Asia-Pacific stock prices end lower

Most Asia-Pacific stock prices end lower TOKYO (AFP): Most Asia-Pacific stock markets ended lower yesterday as investors locked in profits on recent gains and waited for fresh leads to emerge.Jakarta's bourse was the star performer of the day, putting on 4.

Bud of hyper-inflation

Bud of hyper-inflation A 12.76 percent rate of inflation last month, almost double the general price rise in January and way above last year's 11.05 percent rate of inflation, could be the bud of hyper-inflation if the rupiah remains weak and unstable for much longer.

RP out of IMF sick ward

RP out of IMF sick ward MANILA (Reuters): President Fidel Ramos yesterday compared the Philippines to a fully recovered patient of the International Monetary Fund, leaving the sick ward this month as its once healthy neighbors hobbled in for treatment.

Britain moots ASEM trust fund

Britain moots ASEM trust fund BANGKOK (AFP): Britain mooted yesterday setting up an "ASEM trust fund" to provide assistance to struggling Asian economies, British and European Union (EU) officials said in Bangkok.

Team formed to trace killer

Team formed to trace killer SEMARANG, Central Java: The Kudus police precinct has formed a special team to trace the killer of a woman whose boneless remains were found in a ditch near Jati Wetan livestock market Saturday.The head of the precinct, Lt. Col.

TV today

TV todayTVRI 7:00 a.m. Morning News 7:30 Talk Show 8:00 Breaking News 8:10 Music 9:00 Breaking News 9:10 Profile: Paket Profil Pembangunan 9:27 Music 10:10 Talk Show 10:40 Music 11:00 TVRI News 11:15 Music 11:40 Profile: Paket Profil Politisi 12:00 p.m.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 3, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 800 50 62,500 AHAP Insurance 400 0 0 Alter Abadi 525 0 5,000 Alumindo Light Metal 400 75 3,586,000...

MPR reminded to heed workers' aspirations

MPR reminded to heed workers' aspirations JAKARTA (JP): Indonesia's only sanctioned labor union called on the People's Consultative Assembly (MPR) yesterday to draw up State Policy Guidelines which prioritized workers' welfare and the creation of new jobs.

Brick by brick, Abbas lays foundation for development

Brick by brick, Abbas lays foundation for development KUNINGAN, West Java (Antara): It is backbreaking work making bricks for a living, but Abbas is content with his life.It brings with it a feeling of satisfaction for this modest man from Pendeyrawey hamlet in Cikananga village of Kuningan...

RP concerned over satellite

RP concerned over satellite MANILA (AFP): Philippine foreign secretary Domingo Siazon cautioned China yesterday against any move to install satellite facilities on a reef in the disputed Spratly islands.

Controversial timber estate ready for harvest

Controversial timber estate ready for harvestBy Sylvia Gratia M. Nirang SUBANJERIJI, South Sumatra (JP): After facing sharp criticism from environmental bodies since the early stages of its inception, PT Musi Hutan Persada (MHP) is now ready to harvest part of its 193,500-hectare timber estate.

PDI donates session honorariums

PDI donates session honorariums JAKARTA (JP): The "I Love My Homeland" drive, initiated by People's Consultative Assembly member Siti Hardiyanti Rukmana who sold U.S. dollars for rupiah, returned to the spotlight yesterday after a period of inertia.

Mondale's mission

Mondale's mission U.S. President Clinton's special emissary, former U.S. vice president Walter Mondale, has officially come to Indonesia to discuss the economic crisis with President Soeharto. But speculation has arisen on both sides of the Pacific over the real nature of his mission.

Boom and bust: Natural cycle hits Indonesia hard

Boom and bust: Natural cycle hits Indonesia hardBy Sri Pamoedjo Rahardjo JAKARTA (JP): The monetary fiasco in Indonesia is proving to be a complicated situation. Heads of states and directors of international organizations have visited our shores offering all kinds of solutions and financial...

Clean cabinet campaign gains momentum

Clean cabinet campaign gains momentum JAKARTA (JP): The push for cleaner government stepped up a gear yesterday, as People's Consultative Assembly legislators and observers debated whether would-be cabinet ministers should declare their personal wealth.

Soeharto's spech 'incomplete'

Soeharto's spech 'incomplete' JAKARTA (JP): The ousted leader of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri, said yesterday that President Soeharto's accountability speech was incomplete as it did not include sufficient details on issues such as political development.

Vice president

Vice president As a retired civil servant I was interested in Gen. (ret.) Sayidiman Suryohadiprojo's article Foreigners questionable agenda, Feb. 20, 1998. Sayidiman was unhappy with the opinion of former U.S.

Unsold plywood stock totals 1.2 million cubic meter

Unsold plywood stock totals 1.2 million cubic meter JAKARTA (JP): At least 1.2 million cubic meters of unsold Indonesian plywood have accumulated in warehouses over the past two months due to a sharp drop in demand of plywood overseas, the Association of Indonesian Wood Panel Producers (Apkindo)...

Spotlight

SpotlightPhoto A: HiltonJakarta Hilton InternationalVIP GUEST: Slovakia's Minister of Foreign Affairs Zdenka Kramplova (second from left) and the Ambassador of Slovakia for Indonesia, Peter Ambrovic (third from right), are escorted by Michael Nigitsch, general manager of Jakarta Hilton...

Asian currencies soften over Indonesian uncertainty

Asian currencies soften over Indonesian uncertainty SINGAPORE (Reuters): Asian currencies drifted lower in slow trade late yesterday as uncertainty over Indonesia and a lack of fresh impetus elsewhere dampened interest.Indonesia remained in the spotlight as visiting U.S.

Passports of 15 Sri Lankans found

Passports of 15 Sri Lankans found JAKARTA (JP): Police have located the passports belonging to 15 Sri Lankans who were arrested Thursday at Soekarno-Hatta International Airport for attempting to travel abroad without the necessary documents.City police spokesman Lt. Col. E.

UK colleges offer help amid crisis

UK colleges offer help amid crisis JAKARTA (JP): At least 33 British universities and colleges are offering help to Indonesian students intending to study overseas on how to beat the monetary crisis, a British Council executive said yesterday.

Proposed bus fare increase prompts public outcry

Proposed bus fare increase prompts public outcry JAKARTA (JP): Councilors and commuters voiced yesterday their opposition to a proposed fare increase for city buses and minibuses of between 70 percent and 150 percent.

Obituary

Obituary Maska Ridwan, a Golkar member of the House of Representatives and People's Consultative Assembly, died yesterday morning at Mitra Keluarga Hospital in East Jakarta, where he had been treated for a stroke in the past week.

Ananda tests Mugello circuit

Ananda tests Mugello circuit JAKARTA (JP): Indonesian Formula 3 racer Ananda Mikola had the opportunity to test the Mugello circuit in Italy and did not experience any obstacles."I am satisfied with the test and I am grateful for the cooperation between the Marlboro Humpuss team and RC Motorsport...

Forest fire losses may exceed Rp 100b

Forest fire losses may exceed Rp 100b JAKARTA (JP): The fires that have ravaged more than 20,000 hectares of brush and forest in East Kalimantan over the last two months have incurred Rp 76.2 billion in losses for Indonesia.

Minority, dominant factions differ on reforms

Minority, dominant factions differ on reforms JAKARTA (JP): The minority parties pressed ahead yesterday with their demands for clean governance and political reform to be included in the State Policy Guidelines for the next five years while government factions in the People's Consultative Assembly...

Catch of the day at Pluit Fish Market

Catch of the day at Pluit Fish Market For even the most avid seafood connoisseur, the pungent odor of a fish market may rank up there with hospitals and garbage dumps as the place you least want to visit on a regular basis.

Thai rice for Indonesia

Thai rice for Indonesia BANGKOK (Reuters): Thailand is expected to sell at least 1.5 million tons of rice to Indonesia this calendar year from the country's projected total import demand of 5.0 million tons, a senior Thai trade source said yesterday.

Perumka carries 3.8m passengers

Perumka carries 3.8m passengers BANDUNG, West Java: State-owned railway company Perumka transported more than 3.8 million passengers during the 30-day Idul Fitri exodus, starting from Jan. 15, the company's spokesman said yesterday.

StanChart's Brougham stays

StanChart's Brougham stays LONDON (Reuters): Banking group Standard Chartered Plc said yesterday that director David Brougham is to remain on the board following his appointment as chairman of the creditors' committee established for Indonesia.

Stocks jump on stable political situation

Stocks jump on stable political situation JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) rose for a second consecutive day yesterday, with the main price index gaining 4.4 percent at the close of trading.

How critical is the role of the vice presidency?

How critical is the role of the vice presidency?By Pandaya JAKARTA (JP): The raging debate on who will become the republic's next vice president has died down since all of the five political factions that make up the 1,000-strong People's Consultative Assembly picked B.J.

PT ARG declines to comment on sticker sales deal

PT ARG declines to comment on sticker sales deal JAKARTA (JP): PT Angkasa Rona Graha (ARG), which was appointed to raise funds for last year's 19th SEA Games through the sale of stickers, declined to comment on its extended contract to raise funds until April 30, 1998.

Students launch hunger strikes, call for reform

Students launch hunger strikes, call for reform JAKARTA (JP): More university students in Java staged protests yesterday demanding political reforms and lower prices for basic foodstuffs.As the 11-day General Session of the People's Consultative Assembly (MPR) entered its third day, seven students...

Bob Hasan's fan club

Bob Hasan's fan club JAKARTA (JP): Reporters on a quest for the great quote of the day are not the only people tracking timber tycoon Muhammad "Bob" Hasan these days.As the member of the People's Consultative Assembly was attacked with "tough questions" from swarming reporters Monday, a young woman...

Garuda cuts domestic, international flights

Garuda cuts domestic, international flights JAKARTA (JP): State-owned airline Garuda Indonesia has cut the frequency of its domestic and international flights 26 percent and 30 percent respectively as a response to lower ticket sales due to the economic crisis.

USDA plans Indonesian aid

USDA plans Indonesian aid WASHINGTON (Reuters): The U.S. Agriculture Department is still considering extending PL480 program assistance to help financially struggling Indonesia buy U.S. agricultural goods, a USDA aide said Monday.

Japan provides new $158 million loan to Jakarta

Japan provides new $158 million loan to Jakarta JAKARTA (JP): The Japanese government has agreed to provide a 20 billion (US$158 million) quick disbursement loan to support Indonesia's human resource development.

Album

AlbumPhoto A: ChiefsJP/obyCHIEFS' HUDDLE: Armed Forces faction Assembly members National Police chief Gen. Dibyo Widodo (left), Navy Chief of Staff Adm. Arief Kushariadi (center) and Air Force Chief of Staff Marshal Sutria Tubagus, exchange thoughts during a meeting.

Oil hovers above $14, waits for Saudi word

Oil hovers above $14, waits for Saudi word LONDON (Reuters): Oil prices hovered just above US$14 a barrel on Monday as traders waited to see if OPEC kingpin Saudi Arabia would heed calls for an emergency meeting of the cartel to discuss a glut in world oil supplies.

Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 3, 1998: Buying Selling Rp Rp U.S dollar 1 8,250.00 10,250.00Austrian shilling 1 593.10 804.30Australian dollar 1 5,339.30 6,764.40Belgian franc 1 209.40 264.30Canadian dollar 1 5,538.

Clinton wants RI to stick to IMF plan

Clinton wants RI to stick to IMF plan JAKARTA (JP): U.S. President Bill Clinton said yesterday that pursuing economic reforms agreed with the International Monetary Fund (IMF) remained the best way for Indonesia to overcome the economic crisis.

Members reject suggestions to cut Assembly session short

Members reject suggestions to cut Assembly session short JAKARTA (JP): People's Consultative Assembly members dismissed suggestions yesterday that the 11-day General Session be shortened as the Rp 44.7 billion (US$5 million) event was marching smoothly toward its foregone conclusions.

Riot act for foreign hacks

Riot act for foreign hacks JAKARTA (JP): A Golkar news conference for foreign correspondents ended with a legislator reading them the riot act yesterday over the way international media were portraying Indonesia.After going to the trouble to explain Golkar's stand on current affairs, Theo L.