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 1,386 articles

IBRA urged to settle severance pay issue

IBRA urged to settle severance pay issue JAKARTA (JP): The Indonesian Legal Aid Institute Foundation (YLBHI) has urged the government to immediately settle severance pay demands made by employees of the 38 banks closed down by the government.

Voting pattern may change

Voting pattern may change This is the second of two articles on the pattern of the Indonesian voting prepared by Lance Castles, a visiting lecturer in political science at Gadjah Mada University in Yogyakarta.

Safety net funds abuse uncovered

Safety net funds abuse uncovered JAKARTA (JP): The National Development Planning Board (Bappenas) has uncovered abuse of social safety net funds for political interests in the regions, an official said on Monday.

Director general quits, sticks with organization

Director general quits, sticks with organization JAKARTA (JP): Director General of Small and Medium Enterprises Cacuk Sudarjanto has "voluntarily resigned from his position", Minister of Cooperatives and Small Enterprises Adi Sasono said here on Monday.

Nurdin Halid acquitted of corruption charges

Nurdin Halid acquitted of corruption charges UJUNGPANDANG, South Sulawesi (JP): A heavily guarded district courthouse here on Monday acquitted Golkar legislator and businessman Nurdin Halid, who was accused of embezzling Rp 115.

Angry villagers loot houses

Angry villagers loot houses SEMARANG: Hundreds of people attacked and looted houses in protest of the election of village heads in Central Java towns of Kendal and Blora on Sunday. They claim the elections were unfair.

Edi blasts govt for lacking sense of crisis

Edi blasts govt for lacking sense of crisis JAKARTA (JP): Chairman of the Justice and Unity Party (PKP) Edi Sudradjat rebuked President B.J. Habibie on Monday for his slow response to widespread violence and his perceived reluctance to visit riot-devastated areas.

Sambas tragedy leaves 165 dead

Sambas tragedy leaves 165 dead PONTIANAK, West Kalimantan (JP): The official death toll in weeklong clashes between local residents and migrant Madurese in Sambas regency reached 165 on Monday, as the military dispatched more troops to deal with the unrest.

Amien Rais, Try Sutrisno among PKP's presidential candidates

Amien Rais, Try Sutrisno among PKP's presidential candidates JAKARTA (JP): The Justice and Unity Party (PKP) is to declare its candidate for president on May 8, which it claimed would be a civilian, and would be picked from a number of people, including former vice president Try Sutrisno.

Whither the economy?

Whither the economy? As early as some two decades ago, when the government began to push Indonesia's annual economic growth figure to around 7 percent by borrowing as much money from abroad as it possibly could, many observers warned the authorities that they should not be so quick to ask for...

Supreme Court appoints poll monitoring body

Supreme Court appoints poll monitoring body JAKARTA (JP): Supreme Court Chief Justice Sarwata on Monday installed the 30 members of the Official Election Monitoring Committee, which will focus on monitoring violations committed by political parties ahead of the June 7 general election.

Japan seeks deal with ASEAN

Japan seeks deal with ASEAN TOKYO (Dow Jones): Japan will seek comprehensive agreements with members of the Association of Southeast Asian Nations (ASEAN) in a wide range of areas in advance of World Trade Organization (WTO) negotiations on market liberalization next year, the Nihon Keizai Shimbun...

Judge upset by student racket

Judge upset by student racket JAKARTA (JP): A presiding judge was angered on Monday by a student commotion at the trial of an Indonesian Christian University (UKI) student charged with kidnapping a police officer.Judge Samsoedin A.B.

Expert claims antimonopoly law has loopholes

Expert claims antimonopoly law has loopholes JAKARTA (JP): The newly passed antimonopoly law does not go far enough in ensuring healthy and fair business competition, an industrialist and legal experts warned on Monday.

Probe urged into assault

Probe urged into assault MEDAN, North Sumatra: Deputy chief editor of local daily Berita Sore Teruna Jasa Said urged the police on Sunday to investigate an alleged assault on one of his journalists by a security guard and students of Nomensen University.

New labor union established

New labor union established JAKARTA: The number of labor unions in the country has increased to 17 following the establishment of the Federation of Independent Trade Unions (GBSI), a manpower ministry official said.

Local best athletes nominees announced

Local best athletes nominees announced JAKARTA (JP): Indonesia's gold medalists at the 1998 Asian Games were named best male and female athlete nominees for the 1998 Best Sportspersons, staged by the Jakarta chapter of the Indonesian Sports Journalists Association.

LNG firms form consortium

LNG firms form consortium PERTH (Dow Jones): Australia's liquefied natural gas producers said Monday they have formed a consortium to market new LNG products to Asian buyers.The new venture was formally launched by BP-Amoco (BPA), Chevron Corp.

Australia-Japan rice row

Australia-Japan rice row SYDNEY (DPA): Talks between Australia and Japan aimed at averting a row over rice tariffs broke down on Monday, officials said.The meeting in Canberra between Trade Minister Tim Fischer and Japanese counterpart Kaoru Yosano failed to break the impasse over a 390 percent...

Leaders must introspect

Leaders must introspectFrom Pikiran RakyatDay by day I become increasingly confused by Indonesia's situation. I feel even more confused when I read news items in the media -- printed or electronic. In addition I have to struggle for survival.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on March 22, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,825.00 8,845.00 8,825.00 8,885.00Australian dollar 1 5,529.10 5,615.70 5,504.00 5,665.00Austrian schilling 1 694.06 704.57 - -Belgian franc 1 236.

Mataram to hold boxing tournament

Mataram to hold boxing tournament MATARAM (JP): About 50 national boxers from 18 provinces in Indonesia will compete in the 19th National Golden Glove Boxing Championships (STE) here starting today until March 28.

Where to go in Bandung:

Where to go in Bandung:Exhibitions * Photo Exhibition: Germany Advertisement Photograph in 1925- 1988, at Bandung Institute of Technology, Jl. Ganesha 10, until March 27. * Photo Exhibition: Herve Dangla and Francois Sevreau, at Bandung Institute of Technology, Architecture Department, 8 a.m.

Drivers' strike paralyzes Padang

Drivers' strike paralyzes Padang PADANG, West Sumatra: A strike over prices staged by public transportation drivers paralyzed the provincial capital on Monday and stranded thousands of students.The strike coincided with the cancellation of a meeting planned by the West Sumatra provincial council to...

BI to introduce penalty for forex monitoring

BI to introduce penalty for forex monitoring JAKARTA (JP): Bankers and businessmen who do not report their foreign exchange transfers into or out of the country will face jail terms, a senior official at Bank Indonesia said here on Monday.

Two drunk ABRI members booked

Two drunk ABRI members booked JAKARTA (JP): Two members of the Army's Special Force (Kopassus) were arrested for drunkenness by East Jakarta Police late Saturday after an altercation in a bar.City police spokesman Lt. Col.

JSX suspends trading of Indorayon

JSX suspends trading of Indorayon JAKARTA (JP): The Jakarta Stock Exchange suspended on Monday trading of shares of rayon and pulp producer PT Inti Indorayon Utama as bewilderment greeted President B.J. Habibie's order to halt the company's operations.

Youths demand Aceh independence

Youths demand Aceh independence JAKARTA (JP): Around 100 youths rallied outside the United Nations office here on Monday demanding referendum for the Aceh province to enable residents determine whether they wanted independence.

Training available for dismissed workers

Training available for dismissed workers JAKARTA (JP): The Indonesian Medium-scale Enterprises Association in cooperation with the Matsushita Gobel Education Foundation began training 140 dismissed workers on Monday to become entrepreneurs.

Money politics and Islam

Money politics and IslamFrom Pikiran RakyatSome political parties are expressing concern over the possibility of money politics as the general election approaches. Money politics in the context of the general election means buying people votes.

Stock exchange

Stock exchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March. 22, 1999: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 125 0 0 Alter Abadi 200 0 0 Alumindo Light Metal 350 0...

Air France cuts flights

Air France cuts flights JAKARTA (JP): Air France said on Monday it would slash the number of its Paris-Singapore-Jakarta flights later this month from six flights a week to three due to Indonesia's prolonged economic crisis.

RI, a Southeast Asia 'giant' with feet of clay

RI, a Southeast Asia 'giant' with feet of clayBy Bantarto Bandoro JAKARTA (JP): A giant is often understood as an imaginary being of great stature. It is assumed to have the ability to influence and apply pressure on others.

Drug trader shot for resisting arrest

Drug trader shot for resisting arrest JAKARTA (JP): Police shot on Sunday a bird trader who allegedly also sold drugs in North Jakarta, after resisting arrest, a senior officer said.The suspect, suffering a leg injury, was identified as Sugiyanto, a resident of Sungai Bambu in Tanjung Priok in...

SE Asian monies mixed, Japan holiday damps market activity

SE Asian monies mixed, Japan holiday damps market activity SINGAPORE (Dow Jones): A public holiday in Japan left Southeast Asian currencies mixed against the U.S. dollar in quiet trading late Monday. The Indonesia rupiah remained flat, the Philippine peso and Thai baht managed to eke out small...

Govt pospones privatization itinerary

Govt pospones privatization itinerary JAKARTA (JP): The government has postponed the privatization of PT Indosat, PT Aneka Tambang and Soekarno-Hatta Airport to the 1999/2000 fiscal year, citing various technical reasons.

Govt asked to make trade with China easier

Govt asked to make trade with China easier JAKARTA (JP): The Association of Indonesian-Chinese Economic, Social and Cultural Cooperation asked the Indonesian government on Monday to remove the cultural and political barriers hindering bilateral trade relations with China.

Rates for tax payment, valid from March 22 to March 28

Rates for tax payment, valid from March 22 to March 28 U.S. dollar 1 Rp 8,700.00Austrian schilling 1 691.68Australian dollar 1 5,443.59Belgian franc 1 235.95Canadian dollar 1 5,691.85Swiss franc 1 5,941.81Deutschemark 1 4,868.49Danish krone 1 1,275.57French franc 1 1,450.96Poundsterling 1 14,114.

Automotive sales may fall to 50,000 vehicles

Automotive sales may fall to 50,000 vehicles JAKARTA (JP): Indonesia's automotive sales may decline further to 50,000 cars this year from 58,000 cars last year, as demand remains low in the crisis-hit country, a noted automotive company executive has said.Herman Z.

Police continue investigation into tax scams

Police continue investigation into tax scams JAKARTA (JP): The city police continued on Monday investigating taxation scams totaling billions of rupiah by looking into the ownership of a luxurious house, which they believe was bought with money misappropriated by one of the suspects.

Indonesia needs 2 to 4 years to recover

Indonesia needs 2 to 4 years to recover JAKARTA (JP): Indonesia will need two to four years to recover from the economic crisis, compared to other Asian crisis-hit countries which will require two years to rebound, an economist at Standard Chartered Bank said on Monday.

KPU split on letting ministers campaign

KPU split on letting ministers campaign JAKARTA (JP): The 53-member General Elections Commission (KPU) was divided on Monday over whether ministers would be allowed to campaign for their parties in the general election.

Misleading report about Ambon

Misleading report about Ambon In many cases you have published news about Ambon which I find strange and tendentious. I particularly refer to articles of your March 6 and March 11 issues. In both articles you wrote the same paragraph (second from bottom) which reads as follows: "The violence was...

Momentum for peace in East Timor

Momentum for peace in East Timor There have been two new developments in East Timor. First, the Indonesian and Portuguese foreign ministers have reached a basic agreement to implement a U.N.-sponsored direct vote to gauge whether the East Timorese prefer autonomy or complete independence.

Sutiyoso urges reform team to speed up

Sutiyoso urges reform team to speed up JAKARTA (JP): Governor Sutiyoso said on Monday the city administration's reform team was slow to investigate the 1,941 malfeasance cases uncovered since the 1994/1995 fiscal year because team members were busy with their everyday jobs.

Affinity in danger

Affinity in danger When reports of bloody clashes between Madurese settlers and local Dayaks and Malays in West Kalimantan's Sambas regency first reached Jakarta last week, a disquieting feeling of deja vu gripped many Indonesians.

Pregnant women avoid hospitals

Pregnant women avoid hospitals MAUMERE, East Nusa Tenggara: Some 60 percent of pregnant women in this province use the services of unlicensed midwives to help them deliver their babies, a foundation has discovered.

180,000 youths not in school

180,000 youths not in school JAKARTA (JP): A total of 187,212 youngsters aged between 15 and 21 did not attend school at all last year, an official has said.Bahar Laut, an official of the city's social and political affairs directorate, said on Friday that the youngsters were facing the same...

Salim may sell automotive arm to Ford Motor

Salim may sell automotive arm to Ford Motor SINGAPORE (Dow Jones): Indonesia's Salim Group is discussing the possibility of selling part of its automotive arm to Ford Motor, a Salim executive said.The executive, requesting anonymity, told Dow Jones Newswires that there have been "good discussions"...

Armed robberies claim three lives in S. Jakarta

Armed robberies claim three lives in S. Jakarta JAKARTA (JP): Three people were killed and another was wounded in attempted burglaries of two homes in South Jakarta on Monday.City police spokesman Lt. Col.