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 1,433 articles

Rupiah falls in Asian trade on news of IMF delayed payment

Rupiah falls in Asian trade on news of IMF delayed payment HONG KONG (Dow Jones): The rupiah plunged to its lowest level since the beginning of February in Asian trading Wednesday after the International Monetary Fund confirmed it is to delay the payment to Indonesia of US$400 million in assistance...

Observers support MPR bicameral system

Observers support MPR bicameral system JAKARTA (JP): With independence demands on the decline, observers from natural resource-rich provinces suggested on Wednesday that the republic be changed to a federal state which applies a bicameral system.

KONI still hoping for govt approval of Damura

KONI still hoping for govt approval of Damura JAKARTA (JP): Despite controversy involving gambling, and the strict conditions applied by the office of the state minister of social affairs and the National Social Welfare Agency (BKSN), the National Sports Council (KONI) still hopes that the...

Ascott lifts stake in RI firm

Ascott lifts stake in RI firm SINGAPORE (Dow Jones): Singapore's The Ascott Ltd. said Wednesday it will increase its stake in Indonesian joint venture PT Bumi Perkasa Andhika to 85 percent from 28.5 percent for a total US$5.2 million cash.Ascott's unit Javana Pte. Ltd. will acquire a 37.

RI plays down chances of ABC c'ship

RI plays down chances of ABC c'ship JAKARTA (JP): Indonesia is pessimistic about qualifying for the Asian Basketball Confederation (ABC) championship in Lebanon in May in light of the tough competition it will face in the qualifying round in Kuala Lumpur from April 19 to April 23.

Jasa Marga for toll road hike

Jasa Marga for toll road hike BANDUNG (JP): State-owned toll road operator PT Jasa Marga is scheduled to meet Minister of Communications Agum Gumelar on Friday to request his approval of their proposal to increase tolls for eight turnpikes.

Consensus vital to support autonomy law

Consensus vital to support autonomy law JAKARTA (JP): Natural resource-rich provinces should be willing to subsidize poor regions if Indonesia wants to successfully adopt its autonomy law, an expert has said.

Government submits 22 candidates for justices

Government submits 22 candidates for justices JAKARTA (JP): The government submitted to the House of Representatives on Wednesday 22 names, including 10 people who are not serving as judges, to fill 19 vacancies in the Supreme Court, including the post of the chief justice.

DPR calls for delay of fuel price hike

DPR calls for delay of fuel price hike JAKARTA (Antara): House commission VIII for mines and energy called for a postponement of the fuel price hike, scheduled to go into effect on April 1, 2000, as the government appeared to be lacking in readiness.

Three killed in Mimika forest

Three killed in Mimika forest TIMIKA, Irian Jaya: Three men were killed and four others injured when they were attacked by an unidentified gang while collecting firewood in Kali Kopi forest in Mimika regency on Sunday, the military said.

Movie actor may head hostage talks

Movie actor may head hostage talks MANILA (DPA): A Philippine movie action star may be allowed to head negotiations for the release of 33 people being held captive by extremist rebels in the southern region of Mindanao, an official said on Wednesday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on March 29, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 875 75 123,500 Adindo Foresta Indonesia 575 0 1,419,500 Alakasa Industrindo 475 0 0 Alfa...

Officers torture cafe owner to death

Officers torture cafe owner to death TANGERANG (JP): The Tangerang military police office is questioning two low-ranking military officers, First Sgt. Roy and First Sgt. Ferry, for allegedly torturing to death Noveli Jimmy, owner of Cafe 168 in Jatiuwung district on Monday morning.

Persipura beats Pusam 2-0

Persipura beats Pusam 2-0 JAYAPURA, Irian Jaya (JP): Local favorites Persipura Jayapura took revenge on Wednesday over Pusam Samarinda of East Kalimantan 2-0 in the second round of the Bank Mandiri national soccer league at the Mandala stadium here.

Haryogi's dossiers to go to court soon

Haryogi's dossiers to go to court soon JAKARTA (JP): Jakarta Police will soon submit the dossiers of Haryogi M. Maulani over his alleged weapons possession to the West Jakarta District Court, an officer at the city police special crimes unit said."It is nearly perfect.

Life insurance to grow 30%

Life insurance to grow 30% JAKARTA (JP): The local life insurance industry is expecting a 30 percent increase in new premium income this year as the country's economy continues to recover, the Indonesian Board of Insurance Companies (DAI) said on Wednesday.

Gus Dur urged to get serious about recovery

Gus Dur urged to get serious about recovery JAKARTA (JP): Despite its popular legitimacy, the government of President Abdurrahman Wahid has shown a lack of concern for economic recovery and made political moves that sowed uncertainty, a legislator and an economist said on Wednesday.

Thousands throng recruitment fair

Thousands throng recruitment fair JAKARTA (JP): Thousands of people showed up at the opening of job recruitment fair "Career 2000" at Bapindo Plaza on Wednesday to try their luck at finding a job or furthering their careers.While some of them came armed with CVs for the 600 jobs on offer.

Unitary system with federal elements urged

Unitary system with federal elements urged JAKARTA (JP): Indonesia should retain the unitary system of government but may incorporate elements of federalism to take into account the diverse history, values and geographic factors of the regions, observers said on Tuesday.

Superficial and real reforms in the Indonesian Military

Superficial and real reforms in the Indonesian Military Competing agendas remain one hindrance to reform within the Indonesian Military, says Damien Kingsbury, the Executive Officer of Monash Asia Institute, who recently wrote Guns and Ballot Boxes: East Timor's vote for independence.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on March 28, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,443.00 7,517.00Australian dollar 1 4,572.23 4,621.45Austrian schilling 1 522.84 528.31Belgian franc 1 178.34 180.21Brunei dollar 1 4,345.26 4,391.03Canadian dollar 1 5,111.

GAM members may join TNI

GAM members may join TNIFrom PelitaPresident Abdurrahman Wahid has made signals to the effect that the Free Aceh Movement (GAM) members are allowed to join the Indonesian Military (TNI) provided they pass a test.

Govt official tells police of kidnapping

Govt official tells police of kidnapping JAKARTA (JP): A government official lodged on Saturday a complaint at the Jakarta Police headquarters that he had been kidnapped by an allegedly notorious debt-collector from the Soekarno-Hatta International Airport, held hostage and mentally tortured late...

Surabaya apartments ready for economic development

Surabaya apartments ready for economic developmentBy Sirikit Syah SURABAYA (JP): Surabaya is ready for more business activities in the region, even if active business means many expatriates living in Surabaya.

Revival in works for traditional 'wayang'

Revival in works for traditional 'wayang'By Sirikit Syah SURABAYA (JP): Talib Prasojo's hands skillfully arranged the dried grass and rice stalks into a wayang (puppet). Only one week after the Javanese Puppets exhibition and workshop opened at Majapahit Mandarin Hotel in Surabaya, he had sold a...

37 nations set for Shotokan c'ships

37 nations set for Shotokan c'ships JAKARTA (JP): Thirty seven countries have confirmed their participation in the seventh World Shotokan Karate-do International Federation (SKIP) championships next month in Nusa Dua, Bali.

RI wins arbitration hearing in power contract dispute

RI wins arbitration hearing in power contract dispute JAKARTA (JP): International arbitrators in Paris have ruled in favor of the Indonesian government in a power contract dispute with American power company Florida Power and Lights, the lawyer representing Indonesia in the dispute said on Tuesday.

PDI-P defends its role in presidential election

PDI-P defends its role in presidential election SEMARANG (JP): The executive board of the Indonesian Democratic Party of Struggle (PDI Perjuangan) blamed "unhealthy democratic practices" rather than inept party lobbying for its failure to get Megawati Soekarnoputri elected president in October.

JSX plan to accommodate new Internet firms hailed

JSX plan to accommodate new Internet firms hailed JAKARTA (JP): The plan of the Jakarta Stock Exchange (JSX) to ease its listing requirements, in order to accommodate startup companies, received a warm welcome from Internet related firms.

Settlers return home

Settlers return home JAYAPURA, Irian Jaya: More than 260 settlers have abandoned their government-funded transmigration camps in Bonggo, Jayapura regency, because of food shortages, an official said on Monday.

Where to go in Surabaya, for Wednesday, March 29, 2000

Where to go in Surabaya, for Wednesday, March 29, 2000Exhibition Workshop and Puppets Exhibition at Art Deco Lobby, Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 5454333), 10 a.m. to 8:30 p.m., until April 3.Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl.

Dubious delegates haunt PDI-P congress

Dubious delegates haunt PDI-P congress SEMARANG, Central Java (JP): Some 115 delegates at the inaugural congress of the Indonesian Democratic Party of Struggle (PDI Perjuangan) still were unable to attend the proceedings on the second day because organizers doubted their legitimacy.

Antam boosts silver quality

Antam boosts silver quality JAKARTA (JP): Publicly listed state mining company PT Aneka Tambang (Antam) announced on Tuesday its refinery unit PT Logam Mulia was able to produce high-quality silver suitable for use in high-technology devices, including microchips.

Petronas keeps output flat

Petronas keeps output flat KUALA LUMPUR (Reuters): Malaysia's state oil firm Petronas plans to keep domestic oil output at 610,000 barrels per day in 2000, but has an eye on an overseas project to secure output for the future, its chief executive said on Tuesday.

PDI Perjuangan challenges ahead

PDI Perjuangan challenges ahead The ongoing congress of the Indonesian Democratic Party of Struggle (PDI Perjuangan) in Semarang, Central Java, has, for the party in particular and the nation's democratic process, after the first truly democratically elected government, a special historical...

City absorbs employees of defunct ministries

City absorbs employees of defunct ministries JAKARTA (JP): The City Administration officially absorbed on Tuesday 1,209 employees of the Jakarta offices of the defunct ministry of social affairs and ministry of information into its already sizable organization.

Old city section to be developed to promote tourism

Old city section to be developed to promote tourism JAKARTA (JP): The Jakarta Tourism Agency is continuing with its plan to develop a "tourism village" in three locations in North Jakarta, the agency's official said on Tuesday.

Kudos to the 'Post'

Kudos to the 'Post' In recent months the media have come under attack from various quarters for the irresponsible manner in which they have portrayed events. It is not my place to argue for or against the various claims, nor to proffer my own views as to the important role in society of the media...

French container ship docks at Koja

French container ship docks at Koja JAKARTA (JP): CMA CGM, a major French shipping line, launched on Tuesday the service of its 4,000 20-foot equivalent units (TEUs) container ship to meet the growing demand of the country's exporters.

Direct presidential election idea needs time

Direct presidential election idea needs time SURABAYA (JP): Direct election for president could be implemented in 2009, but the people must first learn to comprehend the new system, a scholar says.Ramlan Surbakti of the Surabaya-based Airlangga University said that establishing solid institutions...

Perspective: Civil-military ties revisited

Perspective: Civil-military ties revisitedBy Todung Mulya Lubis This is the second of two articles based on a presentation at a symposium to honor the contribution of scholar Daniel S. Lev to the Southeast Asian Studies and Societies, University of Washington.

DHL to open new service centers

DHL to open new service centers JAKARTA (JP): Leading courier service company PT Birotika Semesta/DHL Worldwide Express plans to open new service centers in Semarang and Medan this year ahead of an expected economic turnaround in Asia, an executive said on Tuesday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on March 28, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 800 25 12,000 Adindo Foresta Indonesia 575 -25 1,275,500 Alakasa Industrindo 475 0 0 Alfa...

Rosy environmental audit of Freeport elicits skepticism

Rosy environmental audit of Freeport elicits skepticism BANDUNG (JP): The environmental audit conducted by Montgomery Watson Indonesia (MWI) on PT Freeport Indonesia's activities in Irian Jaya is academically questionable, a Padjadjaran University researcher said here on Tuesday.Oekon S.

IBRA replaces deputy chairman Eko Budianto

IBRA replaces deputy chairman Eko Budianto JAKARTA (JP): Minister of Finance Bambang Sudibyo installed Irwan Siregar as the new deputy chairman of the Indonesian Bank Restructuring Agency (IBRA) in charge of loan recovery, replacing Eko S. Budianto, at a closed-door ceremony on Tuesday.

Lifting ban on communism is belated thinking

Lifting ban on communism is belated thinking As warnings have been raised about whether the public is ready for the lifting of the ban on communism, political analyst J. Soedjati Djiwandono questions the need for the preservation of an ineffective ruling.

Team to work out parting of ways with East Timor

Team to work out parting of ways with East Timor JAKARTA (JP): A presidential decree issued on Tuesday laid the foundation for the establishment of a national team to iron out details of the transition of East Timor to an independent state.

Leading dangdut singer Rafiq demands Rp 1 billion royalties

Leading dangdut singer Rafiq demands Rp 1 billion royalties JAKARTA (JP): Famous dangdut singer and composer A. Rafiq demanded on Tuesday Rp 1 billion from a recording company for pirating three of his best selling songs.

Health education for women key to a healthy society

Health education for women key to a healthy society JAKARTA (JP): Women remain the main health providers in many countries. Their role begins at home, where illness usually begins. Outside the home, they are well recognized as doctors, nurses, midwives, other health workers and volunteers.

Surabaya legislative body educates itself for more autonomy

Surabaya legislative body educates itself for more autonomyBy Sirikit Syah SURABAYA (JP): There are always excuses. "This is a transition period and most local legislators don't have the experience." Hence legislators are always excused if they make odd statements, draw wrong conclusions, or make...