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 1,544 articles

State defense bill submitted to DPR

State defense bill submitted to DPR JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono on Thursday submitted to the House of Representatives a new defense bill to replace Law No.20/1982 on National Defense and Security Guidelines.

Fighting continues despite completion of peace talks

Fighting continues despite completion of peace talks BANDA ACEH, Aceh (JP): While talks between Indonesian security forces and Free Aceh Movement (GAM) separatist rebels, aimed at supporting the ongoing ceasefire, were concluded on Thursday, fighting continued in the Aceh province, officials said.

Furniture exports to earn $1.8b this year

Furniture exports to earn $1.8b this year JAKARTA (JP): Indonesia's export earnings from furniture are expected to increase by about 20 percent this year to US$1.8 billion from $1.5 billion despite the economic slowdown in major buyer countries, according to the National Agency for Export...

BI forecast economy to grow 4.5-5.5% in 2001

BI forecast economy to grow 4.5-5.5% in 2001 JAKARTA (JP): Bank Indonesia reiterated in its annual report issued on Thursday that the economy in 2001 was forecast to grow by between 4.5 percent and 5.5 percent.

KL palmoil at 4-week high

KL palmoil at 4-week high KUALA LUMPUR (Reuters): Malaysia's palm oil futures ended at the highest level in four weeks on Thursday on the back of technical covering and amid rumors of intensive government intervention to support prices, traders said.

Driver's license not valid at Citibank

Driver's license not valid at Citibank On Feb. 23, at about 2:20 p.m. I wanted to cash a check at Citibank's Prince Sudirman branch, but the teller refused because I could only show my driver's license. Only a resident identity card (KTP) or passport are acceptable.

Taxi drivers go on strike over rental fee hike

Taxi drivers go on strike over rental fee hike JAKARTA (JP): Taxi drivers from the Centris Group went on strike on Thursday, protesting the city-owned firm's decision to increase the drivers' daily rental fee by 25 percent and to hike passenger fares.

PBSI targets three titles at All England

PBSI targets three titles at All England JAKARTA (JP): The Badminton Association of Indonesia (PBSI) targeted its shuttlers to grab three titles from the four-star 2001 Yonex All England Open, mainly from the men's and mixed events, the training director of the Indonesian Badminton Center (PBI)...

Enhancing workers' life

Enhancing workers' life A groundbreaking study on the concerns and aspirations of 4,500 workers in nine Nike contract factories in Indonesia has just been released by an alliance of foundations, private companies and international institutions.

Most graft cases submitted by forestry ministry turned down

Most graft cases submitted by forestry ministry turned down JAKARTA (JP): Twelve of 15 reports of alleged graft handed over by the Ministry of Forestry to the Attorney General's Office have been rejected due to insufficient evidence, a senior forestry official said here on Thursday.

Court undecided over IFC bankruptcy plea

Court undecided over IFC bankruptcy plea JAKARTA (JP): The Supreme Court has yet to decide over the International Finance Corporation's (IFC) bankruptcy appeal against financing company PT Panca Overseas Finance (POF), after IFC lost a bankruptcy case at the Jakarta Commercial Court.

Lippo has new commissioners

Lippo has new commissioners JAKARTA (JP): The extraordinary shareholders meeting of publicly listed Lippo Bank appointed on Thursday four new commissioners as part of installing a more independent board of commissioners.

Eying all the action at Mata Bar

Eying all the action at Mata Bar JAKARTA (JP): On the lookout for a little after-hours fun smack in the middle of the CBD? Then you may find it in Mata Bar, which can be something for everyone, depending on what time you visit.Location: Located on the 16th floor of Wisma Metropolitan II, Jl. Jend.

TNI should be given more authority to maintain security

TNI should be given more authority to maintain security JAKARTA (JP): In an effort to prevent the country from crumbling, the Indonesian Military (TNI) should be given more room to help maintain security nationwide, Army Chief of Staff Gen. Endriartono Sutarto said on Thursday.

Civil emergency seen as unlikely in Sampit

Civil emergency seen as unlikely in Sampit JAKARTA (JP): Upon her return to Jakarta after her brief visit to the riot-torn towns of Sampit and Palangkaraya, Central Kalimantan, Vice President Megawati Soekarnoputri said on Thursday that the imposition of a state of civil emergency in the troubled...

Goodyear to charge rubber producers

Goodyear to charge rubber producers BANGKOK (Dow Jones): Goodyear Tire and Rubber Co., the world's leading tire maker, recently sent a letter to its rubber suppliers indicating that they must assume responsibility for any damage caused by defective products made from low-quality raw material, Wate...

Regional mining autonomy

Regional mining autonomy The government will soon end the lingering legal limbo about the mining industry with a firm ruling that will vest local administrations with authority over mining resources, except the hydrocarbon industry, which will stay under the control of central government.

Soeharto signed Goro land deal, says Ricardo

Soeharto signed Goro land deal, says Ricardo JAKARTA (JP): Ricardo Gelael, executive of PT Goro Batara Sakti, testified at the South Jakarta District Court on Thursday that former president Soeharto himself had approved the land exchange transaction between his company and the State Logistics...

100 players take part in Silatama, Silataruna

100 players take part in Silatama, Silataruna JAKARTA (JP): The Table Tennis Main Circuit (Silatama) and the Table Tennis Youth Circuit (Silataruna) commenced on Thursday at the Bulungan Sports Hall in Blok M area, South Jakarta.

Robbers snatch meal allowance cash

Robbers snatch meal allowance cash BOGOR (JP): Armed with a pistol, two men robbed Rp 48 million (US$4,900) in cash from employees of Palang Merah Indonesia Hospital on Thursday, just as they arrived from the bank where they had withdrawn the money.

Gus Dur's sweet victory

Gus Dur's sweet victory As I was sleeping I dreamed that I heard President Abdurrahman "Gus Dur" Wahid laughing loudly. He was reading an article in The Jakarta Post March 1, 2001, Page 1 Gus Dur urged to cut short overseas trip.

Nightspots defy warnings

Nightspots defy warnings TANGERANG (JP): A number of shop houses here have been operating as entertainment centers despite the mayoralty administration reprimanding the owners for violating their business licenses.

Private schools exempted from exam fee

Private schools exempted from exam fee JAKARTA (JP): The City Administration finally stated on Thursday that all elementary school students in the capital will not be required to pay fees for this year's state final exams.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Hanafi 2001, Galeri Minima - Maxima, Jl. Sultan Iskandar Muda 88D, Arteri Pondok Indah, 10:30 a.m. to 6:30 p.m., until March 20. * Photo: Light and Shadow, Galeri Foto Cahya, Wisma Surya Kemang, Jl. Kemang Raya no. 33, South Jakarta, 10 a.m. to 8 p.m.

Three prosecutors punished for bribery

Three prosecutors punished for bribery JAKARTA (JP): Three state prosecutors have been found guilty of taking hundred-million rupiah bribes while handling preliminary investigations of a corruption case involving former president Soeharto's eldest daughter Siti Hardijanti "Tutut" Rukmana.

Ajinomoto resumes production in East Java

Ajinomoto resumes production in East Java MOJOKERTO, East Java (JP): Giant manufacturer of flavor enhancer, PT Ajinomoto Indonesia, resumed production at its main factory here on Thursday, following the issuance of a halal label for its products by the Indonesian Ulemas Council (MUI) on Feb. 19.

Bank Indonesia forex ruling hurts local hedging market

Bank Indonesia forex ruling hurts local hedging market JAKARTA (JP): Bank Indonesia's ban on offshore forward transactions has eliminated the ability of local companies to protect their dollar borrowings as most local banks are still too weak to offer large hedging transactions, an executive at a...

Former child stars say it was fun while it lasted

Former child stars say it was fun while it lastedBy Bruce Emond JAKARTA (JP): When you are 33 and the mother of three, being called "Cinderella" can be a bit much at times.Ask Ira Maya Sopha, the onetime child star who became known as the girl with the glass slipper to a generation of Indonesians...

March 1, 1949 history corrected

March 1, 1949 history corrected YOGYAKARTA (JP): A book was launched here yesterday to rectify the history of the March 1, 1949 general attack in Yogyakarta, wiping out the 32-year-old belief that then Lt. Col. Soeharto was the initiator of the attack known as Serangan Oemoem 1 Maret.

Free anthrax vaccines for Jakarta livestock

Free anthrax vaccines for Jakarta livestock JAKARTA (JP): The city administration has begun free vaccination for all livestock in the capital, except for those on sale for the Idul Adha Islamic Day of Sacrifice, an official said on Thursday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March.1, 2001: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo Tbk 1,750 -25 296,500 Adindo Foresta 120 0 0 AGIS Tbk 195 0 253,000 Alakasa 145 0 0 Alfa Retailindo 950...

Ginandjar, Sudjana named suspects in oil scandal

Ginandjar, Sudjana named suspects in oil scandal JAKARTA (JP): The Attorney General's Office (AGO) on Thursday named former minister of mines and energy Ginandjar Kartasasmita and his successor IB Sudjana, as suspects in corruption cases involving state oil and gas company Pertamina, which...

'Don't oust President while away'

'Don't oust President while away' JAKARTA (JP): Army Chief of Staff Gen. Endriartono Sutarto warned people on Thursday not to seize the opportunity of overthrowing President Abdurrahman Wahid while the state leader is away on his overseas trip.

IBRA sues PT Dharmala

IBRA sues PT Dharmala JAKARTA (AFX-ASIA): The Indonesian Bank Restructuring Agency (IBRA) has filed a bankruptcy suit against PT Dharmala, a company owning a stake in now bankrupt PT Dharmala Sakti Sejahtera, for an alleged Rp 28 billion in unpaid matured debts, said a lawyer.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 9:00 Women's Program 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 3:30 Documentary 4:00 Children's Program 5:00 News 5:30 Religious Teachings 6:00 Village News 7:00 Evening News 8:00 Traditional Drama 9:00 Music 10:00 News...

Land ownership permits to be simplified

Land ownership permits to be simplified JAKARTA (JP): Public consultation hearings on a revision of the 1960 Agrarian Law began here on Thursday to, among other things, help simplify the procedures and permits involved in land ownership.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 9:30 Documentary 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 4:00 Children's Program 4:30 Quiz 5:00 News 6:00 Village News 6:15 TV Drama 7:00 News 7:30 Music 9:00 Music 10:00...

Balinese fete 'Galungan' in modest way

Balinese fete 'Galungan' in modest way DENPASAR, Bali (JP): Bali's Hindus celebrated Galungan, one of Hindu's biggest holidays, yesterday in a modest and solemn way.Hundreds of thousands of Balinese flocked to the nearest pura (temple) to pray and give offerings to the Deity and ancestors.

Mayor warns developers

Mayor warns developers TANGERANG (JP): Tangerang mayor M. Thamrin warned on Tuesday that developers who were found guilty of swindling funds from city-funded projects would be blacklisted.In a ceremony at the City Hall which marked the inauguration of 146 projects completed in the 2000 fiscal year,...

Violence escalates in Aceh, 11 found dead

Violence escalates in Aceh, 11 found dead BANDA ACEH, Aceh (JP): Violence has again escalated in Aceh with at least 11 people being killed in various incidents on Wednesday, while talks continue between government representatives and the Free Aceh Movement (GAM) separatist rebels regarding security...

Malaysian palm oil futures defy the odds

Malaysian palm oil futures defy the odds KUALA LUMPUR (Reuters): Malaysian palm oil futures absorbed a nerve-wracking jump in Indian import duty to end little lower on Wednesday and traders said they were almost sure the government was supporting the market.

Flandy/Eng Hian optimistic about All England semis

Flandy/Eng Hian optimistic about All England semis JAKARTA (JP): Indonesia world number two men's doubles Flandy Limpele and Eng Hian showed optimism to reach the four-star 2001 Yonex All England Open semifinals despite Flandy's weak physical condition after suffering influenza in the last few days.

Dispute with PLN goes on over lake water

Dispute with PLN goes on over lake water PADANG, West Sumatra: The dispute between residents living around Lake Maninjau and the state electricity company PLN has yet to end despite several meetings between the company and the people.

Fire destroys Sampit market

Fire destroys Sampit market PALANGKARAYA, Central Kalimantan (JP): Fire destroyed the biggest traditional market in the blood-drenched town of Sampit in Central Kalimantan on Wednesday, where otherwise the situation had been gradually calming down after eleven days of mayhem which claimed the lives...

PSSI sets no target in World Cup qualifying

PSSI sets no target in World Cup qualifying JAKARTA (JP): While other Asian countries struggle for prestigious 2002 World Cup tickets, the Soccer Association of Indonesia (PSSI) is pessimistic about its chances in the Group Nine qualifying round beginning in April.

Where to go in Bali:

Where to go in Bali:Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m. * Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), daily, 8 a.m. to 4 p.m. * Museum of Bali, Jl.

HSBC starts cell phone banking

HSBC starts cell phone banking JAKARTA (JP): Hongkong and Shanghai Banking Corporation (HSBC) launched here on Wednesday a new service enabling customers to make banking transactions through the short message system (SMS) on their cellular phones.

Council to summon Pertamina over diluted gasoline

Council to summon Pertamina over diluted gasoline JAKARTA (JP): The City Council will summon representatives of state oil and gas company Pertamina following complaints of diluted gasoline being sold by a number of gas stations in the capital, a councillor said on Wednesday.

Soeharto now treated by RSCM doctors team

Soeharto now treated by RSCM doctors team JAKARTA (JP): The appointed team of physicians from the Cipto Mangunkusumo Hospital (RSCM) officially took charge on Wednesday of the treatment of former president Soeharto, who is currently hospitalized following an appendectomy.

Hatred of Indonesian troops remains among Timorese

Hatred of Indonesian troops remains among Timorese DILI, East Timor (JP): Indonesians, who grew up believing they helped East Timor out of a civil war, must wake up to the fact that they are perceived as former colonizers.