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

New oil firm could boost foreign exchange: Arifin

New oil firm could boost foreign exchange: Arifin JAKARTA (JP): Oil tycoon Arifin Panigoro suggested over the weekend that the government form a new state oil and gas firm to raise the badly needed foreign exchange through overseas stock exchanges.

Five fishermen feared drowned

Five fishermen feared drowned PALANGKA RAYA, Central Kalimantan: Authorities here are continuing their search for five missing local fishermen whose boat was allegedly burned by a group of foreign fishermen on March 19.

Local Market

Local MarketCorrection: We erroneously printed an old story for our local stock market commentary in Saturday's edition. The story, therefore, did not in any way reflect Friday's performance of the Jakarta Stock Exchange. -- Editor

Maj. Gen. Muchdi installed as new Kopassus chief

Maj. Gen. Muchdi installed as new Kopassus chief JAKARTA (JP): The Army's special force (Kopassus) got a new commandant-general Saturday when Maj. Gen. Muchdi Purwopranjono replaced younger Lt. Gen. Prabowo Subianto as leader of the elite unit.

Police shoot dead two suspected thieves

Police shoot dead two suspected thieves JAKARTA (JP): Two suspected robbers were shot dead, one was wounded and two others arrested in separate raids in South Jakarta and Tangerang, West Java, over the weekend, police said.City police spokesman Lt Col. E.

Genuine dialog stems from mutual trust

Genuine dialog stems from mutual trustBy Mochtar Buchori JAKARTA (JP): Gen. Wiranto's offer of dialog with university students to ease existing political tensions seems to have hit a snag. No single group of students believes that it is possible at this moment in time to hold an honest and sincere...

U.S. bankers caution RI over Mexican model

U.S. bankers caution RI over Mexican model NEW YORK (Reuters): Indonesia has targeted a Mexican plan to rescue its indebted corporations, but it will fail unless Jakarta first adopts rigorous measures to stabilize its currency and build reserves, U.S. bankers said on Friday.

Chrysler acquires Thai branch

Chrysler acquires Thai branch BANGKOK (AFP): America's third largest carmaker Chrysler has taken over its Thai subsidiary and set up a new company to control marketing and distribution here, a report said Saturday.

Local exporters forced to import empty containers

Local exporters forced to import empty containers JAKARTA (JP): Indonesian exporters will have to import empty containers in order to continue their activities, currently threatened by a scarcity of containers, a business association's head has said.

Idle land to be planted with cash crops temporarily

Idle land to be planted with cash crops temporarily JAKARTA (JP): Governor Sutiyoso has given impoverished residents in several areas in the city the green light to cultivate idle plots of land on a temporary basis as of next month.

Rupert Murdoch suffering from 'China Syndrome'

Rupert Murdoch suffering from 'China Syndrome' In the first of two articles, our Asia correspondent Harvey Stockwin analyses how a battle over a book could affect Indonesia's full freedom of information -- and may be affecting it already.

Govt to introduce resource rent tax

Govt to introduce resource rent tax JAKARTA (JP): The Ministry of Forestry and Plantations will change forestry royalties imposed on timber companies to a resource rent tax, as required by the International Monetary Fund (IMF).

Beneficial criticism

Beneficial criticism Some statements issued by Armed Forces (ABRI) leaders over the past few days have brought a welcome whiff of fresh air to the present crisis-burdened atmosphere.It is not so much because the statements appear to suggest growing room for free expression in this country but...

Indonesian refugees in Malaysian camps

Indonesian refugees in Malaysian camps Malaysia has been forced to confront some unpalatable realities in recent months. But the latest challenge facing the Kuala Lumpur government is only indirectly related to the financial turmoil in the region.

Asia must be on guard for speculators

Asia must be on guard for speculators KUALA LUMPUR (Reuters): Malaysian Deputy Prime Minister Anwar Ibrahim said Asian countries must act to protect the region from currency speculators and manipulators, local media reported on yesterday.

Two men apprehended for murdering army sergeant

Two men apprehended for murdering army sergeant JAKARTA (JP): Two men have been arrested for the murder of Army officer First Sgt. Moh. Irsal Rumalian in the basement of the three-star Sentral Hotel on Jl. Pramuka in Central Jakarta Wednesday, police said Saturday.City police spokesman Lt. Col. E.

Water bombing: A novel mission to save Kutai National Park

Water bombing: A novel mission to save Kutai National ParkBy Anton Sudarisman SANGATTA, East Kalimantan (JP): While the rains bring floods to some cities across the country, devastating fires are raging in Kutai National Park, East Kalimantan.

Tycoons' participation

Tycoons' participationFrom MerdekaThe number of Indonesian business tycoons has reached 200. It is strange that they do not participate in the government's efforts to manage the economic crisis.In the current crisis, a number of philanthropists and Armed Forces members have come to the aid of the...

Hero status sought for Adam Malik

Hero status sought for Adam Malik MEDAN, North Sumatra: The people and provincial government of North Sumatra will sponsor a motion to designate former vice president Adam Malik to the rank of national hero.

'Tajin' as milk substitute

'Tajin' as milk substitute We refer to a letter that appeared in your paper on March 19, 1998, written by Ms. Ratna Ramanah from Cimahi, West Java, on using tajin as a substitute for milk. As a part of the United Nations systems most concerned with infant and young child nutrition we would like to...

U.S. to police trade reforms upheld by IMF

U.S. to police trade reforms upheld by IMF WASHINGTON (Dow Jones): The Clinton administration has established a system to police implementation of trade reforms in Asia backed by the International Monetary Fund, Trade Representative Charlene Barshefsky says.

Indonesia regrets rioting at immigrant detention camps

Indonesia regrets rioting at immigrant detention camps JAKARTA (JP): Indonesia expressed regret yesterday over the death of at least nine people, including eight Indonesian illegal immigrants, at a riot in a Malaysian detention camp, but did not blame the Malaysian government and pledged continued...

Thamrin beautification plan on hold due to crisis

Thamrin beautification plan on hold due to crisis JAKARTA (JP): The devastating economic crisis has forced Governor Sutiyoso to postpone indefinitely his plan to tear down fences and widen sidewalks along Jl. M.H. Thamrin, to make the street "friendlier".

'Three good' will save the country

'Three good' will save the country JAKARTA (JP): Former Bank Indonesia director Boediono said yesterday that only "good policy, goodwill and good luck" would save the country from its worst-ever economic crisis.

Government seeking to unite lawyers into one association

Government seeking to unite lawyers into one association JAKARTA (JP): Attorney General Soedjono Chanafiah Atmonegoro urged Minister of Justice Muladi yesterday to attempt to unite disparate groups of lawyers into a single unified association.

Businesses back currencies for intra-ASEAN trade

Businesses back currencies for intra-ASEAN trade JAKARTA (JP): Business representatives of the Association of Southeast Asian Nations (ASEAN) came out yesterday in support of regional currencies for intra-ASEAN trade.They said this move would help reduce dependence on the U.S.

Fires rage on Palawan

Fires rage on Palawan MANILA (AP): At least 27 forest fires are raging on Palawan Island, which is home to some of the world's rarest and most endangered animals, officials said yesterday.Estimates on the fires' size differed.

Public bus categories cut for better services

Public bus categories cut for better services JAKARTA (JP): The city administration will cut public bus categories from three to two to improve services, the City's Land Transportation Agency announced yesterday.The Patas bus category is to be scrapped.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Art Exhibition: The Winning Entries of The ASEAN Essay, Photo, and Poster Competitions at 10 a.m. to 4 p.m. (except Saturday and Sunday), the ASEAN Secretariat, Jl. Sisingamangaraja 70A, South Jakarta (Phone: 7262991, 7243372), until April 30.

New approach needed for cabinet coordination

New approach needed for cabinet coordinationBy Aleksius Jemadu BANDUNG (JP): Political analysts have argued that one of the weaknesses of the former cabinet was an obvious lack of coordination among ministries. Conflicting statements made by ministers often led to confusion in society.

IMF hails RI's foreign debt proposal

IMF hails RI's foreign debt proposal JAKARTA (JP): The International Monetary Fund (IMF) has agreed to Indonesia's proposal to use the Mexican model to tackle the massive overseas debt owed by the country's private sector, a Fund executive said yesterday.

Man killed after starting new job

Man killed after starting new job TANGERANG (JP): A man who recently switched to working as a motorcyle taxi driver after losing his job was found stabbed to death early yesterday morning in Sentul subdistrict.

Wiranto to hold dialog with students next week

Wiranto to hold dialog with students next week JAKARTA (JP): Minister of Defense and Security/Armed Forces Commander Gen. Wiranto is to hold a dialog with representatives of 17 universities from various cities here on April 4.

Amien says he has ABRI approval for his criticism

Amien says he has ABRI approval for his criticism YOGYAKARTA (JP): The Armed Forces chief of sociopolitical affairs, Lt. Gen. Susilo Bambang Yudhoyono, reportedly told government critic Amien Rais yesterday to continue voicing his criticism for the good of the nation.

Drought fears haunt SE Asia

Drought fears haunt SE Asia SINGAPORE (Reuters): Southeast Asian farmers are plagued by fears of continuing drought despite signs that the El Nino weather event, billed by some as the worst this century, may be drawing to a close, weather experts said yesterday.

Cancer care project opened

Cancer care project opened YOGYAKARTA: An Indonesian-Dutch health care project for cancer patients opened Tuesday at state-run Sardjito Hospital.The Health Care Project on Oncology is held in cooperation with Gadjah Mada University's School of Medicine, the Indonesia- Netherlands Forum, the...

Activists suing police get their day in court

Activists suing police get their day in court JAKARTA (JP): South Jakarta District Court heard lawsuits yesterday filed by 57 members of Barisan Merah Putih (the Red-and-White Front) against City Police chief Maj. Gen. Hamami Nata over their detention.

Contract money not 'missing'

Contract money not 'missing' JAKARTA (JP): A team led by Agus Wirahadikusumah, deputy chairman of the Badminton Association of Indonesia (PBSI), has been set up to end confusion surrounding the whereabouts of US$250,000 from a contract with Japanese sports equipment manufacturer Yonex.

Asian monies cold to Japan's stimulus move

Asian monies cold to Japan's stimulus move SINGAPORE (AFP): A massive economic stimulus package unveiled by Japan failed to give Asian currencies a fillip yesterday as investors remained sidelined awaiting new regional developments.

Save Our Students

Save Our Students Student demonstrations calling for political and economic reforms on various campuses these past weeks divert attention from a graver problem in our higher education: Students are dropping out in thousands because of the economic crisis.

Support governor's program!

Support governor's program!From JayakartaI have good reason to be proud of Jakarta Governor Sutiyoso, who has made every effort to enhance the well-being of the Jakartans, especially during the current economic crisis.

Competition key to privatization

Competition key to privatizationBy Makmur Keliat SURABAYA (JP): Is privatization the best way to improve the performance of our much derided public sector enterprises, and, if so, how should it be implemented?These questions merit special discussion since the government recently dropped several...

Holiday

HolidayIn observance of the Hindu Day of Silence, The Jakarta Post will not appear tomorrow. The Post will resume publication on Monday. -- Publisher

Immigrant riot highlights Asia's plight

Immigrant riot highlights Asia's plightBy Nelson Graves KUALA LUMPUR (Reuters): An uprising in a Malaysian detention camp has thrown a spotlight on the human side of Asia's financial crisis and the mounting immigration dilemma facing the region's governments.

Police trace cocaine to woman

Police trace cocaine to woman JAKARTA (JP): A woman has been arrested at a house in South Jakarta for possessing 780 grams of top quality cocaine sent to her by a man in Bolivia, police said yesterday.Head of the National Police general information department Col. S.

WTO ruling has no effect on Timor car, analyst says

WTO ruling has no effect on Timor car, analyst says JAKARTA (JP): The United States' legal victory in a dispute over Indonesia's national car program is basically immaterial to PT Timor Putra Nasional, the sole beneficiary of the project, an automobile analyst said yesterday.

Oxfam accuses world leaders of indifference on RI

Oxfam accuses world leaders of indifference on RI WASHINGTON (AFP): The international aid agency Oxfam has warned that Indonesia, struggling with debt and drought, faces a four-fold increase in poverty this year and accused world leaders of indifference.

ID card too expensive

ID card too expensive TANGERANG (JP): Residents of Keroncong Permai have accused their village officials of charging them Rp 30,000 ($8.50) for ID cards which bear the official value of Rp 7,500.They said that the local administration has made it obligatory for the residents to replace their...

Bulog sells 2.5m tons of rice

Bulog sells 2.5m tons of rice JAKARTA (JP): The State Logistics Agency (Bulog) sold 2.5 million tons of rice as part of a nationwide market operation to stabilize prices during the 1997/1998 fiscal year, which ends this month.

Minister aware of food program flaws

Minister aware of food program flaws JAKARTA (JP): Minister of Social Services Siti Hardijanti Rukmana defended yesterday her emergency program of distributing free meals to the needy, but conceded there were flaws which needed to be ironed out.