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 1,495 articles

World Bank to release $1.4b in new loans for RI

World Bank to release $1.4b in new loans for RI JAKARTA (JP): The World Bank's board of directors will meet today to finalize the disbursement of US$1.4 billion loans for Indonesia.The National Development Planning Board (Bappenas) said in a statement on Monday the loans comprised $600 million for...

Muslim party tensions worry students

Muslim party tensions worry students SEMARANG (JP): Students at Diponegoro University have conveyed their concerns that a number of Muslim-oriented political parties still practice name calling and trade accusations.Secretary of the Family of Diponegoro University Students, M.

Domestic car sales jump 41% in April

Domestic car sales jump 41% in April JAKARTA (JP): Domestic car sales in April rose by 41 percent to 5,100 vehicles, from 3,619 units in the previous month, according to the latest report issued by the Association of Indonesian Automotive Industries.

Public raises objections to legislative list

Public raises objections to legislative list JAKARTA (JP): Objections have been raised by the public over the eligibility of some legislative candidates, just after the National Elections Committee (PPI) disclosed their names on Monday.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on May 18, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,885.00 7,935.00 7,885.00 7,975.00Australian dollar 1 5,201.50 5,286.45 5,176.00 5,361.00Austrian schilling 1 607.33 616.20 - -Belgian franc 1 207.17 210.

UN urges government to stop violence in East Timor

UN urges government to stop violence in East Timor DILI, East Timor (JP): Violent incidents in which five civilians were killed Sunday led representatives of the United Nations here to strongly urge action on the part of the Indonesian government to provide security ahead of the August ballot, as...

Nomura beefs up RI presence

Nomura beefs up RI presence HONG KONG (Dow Jones): Nomura International, the regional arm of leading Japanese brokerage firm Nomura Securities Co., is looking to beef up its equity research presence in Malaysia and Indonesia, a top company official told Dow Jones Newswires Monday.

Swazi man found dead with heroin capsules in stomach

Swazi man found dead with heroin capsules in stomach JAKARTA (JP): A 37-year-old Swazi national, found dead at a hotel in Central Jakarta last week, was believed to have been killed by a heroin-filled capsule that cracked open inside his digestive system, a noted forensic expert said on Monday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 17, 1999: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 400 0 0 AHAP Insurance 425 0 0 Alakasa Industrindo 250 -25 500 Alter Abadi 300 0 116,500 Alumindo...

Truck drivers probed over robbery

Truck drivers probed over robbery PURWOKERTO, Central Java: Police here are questioning a truck driver and his assistant over an alleged involvement in a robbery that cost their company 600 sacks of cement.Banyumas Police Chief Lt. Col.

Training to go on as planned despite campaign

Training to go on as planned despite campaign JAKARTA (JP): The national training program at the Senayan sports complex for the 20th Southeast Asian (SEA) Games in Brunei Darussalam in August must not be interrupted by party campaigns which will kickoff on Wednesday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 8:00 Children's Songs 8:30 Family's Program 9:00 Music 10:00 Interval 2:00 p.m. News 2:30 Cartoon: Thunder Cats 3:00 Music 4:00 Regional News 4:30 Management Program 5:00 Documentary 5:30 TV Drama 6:00 Sports 6:30 News (in...

New evidence not submitted

New evidence not submitted KUALA LUMPUR (AFP): A Malaysian court dismissed on Monday an application by a Canadian journalist with the Far Eastern Economic Review to introduce new evidence in his bid to overturn a three-month jail sentence for contempt of court.

KL boosts border patrols before RI polls

KL boosts border patrols before RI polls KUALA LUMPUR (AP): Malaysia will increase patrols along its borders and coastlines to ensure illegal immigrants do not flood the country during the run-up to Indonesia's general elections, news reports said Monday.

Bus accident kills 12

Bus accident kills 12 BANDUNG, West Java: Twelve people, mostly elementary school students, were killed after their minibus rolled down the street near Ciater tourist resort, 80 kilometers south of here, on Sunday.

Barbed wire, iron gate business booming

Barbed wire, iron gate business booming JAKARTA (JP): Unlike many other commercial activities, the business of iron gates and barbed wires in the capital has been booming since the May 1998 riots and is mainly due to skyrocketing demands by wealthy Jakartans.

Security arrangement at Hotel Mulia

Security arrangement at Hotel Mulia JAKARTA (JP): Hotel Mulia Senayan has introduced a number of steps to improve security for its guests during the campaign activity period starting Wednesday and the June 7 general election, an executive of the hotel said on Monday.

IBF names three VPs and six council members

IBF names three VPs and six council members COPENHAGEN (JP): The International Badminton Federation (IBF) selected three vice presidents, two from Asia and one from Africa, in its annual general meeting on Sunday.Justian Suhandinata of Indonesia and Charoen Wattanasin of Thailand were reelected.

Witnesses claim Goro owes Rp 8b in unpaid rent

Witnesses claim Goro owes Rp 8b in unpaid rent JAKARTA (JP): Two witnesses testified at the South Jakarta District Court on Monday that wholesaler PT Goro Batara Sakti had not paid rent totaling Rp 8 billion (US$1 million) on premises used by the State Logistic Agency (Bulog) in the period between...

Immediate help urged for Buton refugees, orphans

Immediate help urged for Buton refugees, orphans JAKARTA (JP): Medical doctors, students and witnesses of religious unrest in the Maluku towns of Ambon and Tual, which have up to 100,000 people displaced, are appealing for immediate assistance for refugees now living in so squalid a condition many...

Migrants demand relocation

Migrants demand relocation PALU, Central Sulawesi: Some 500 families living in the transmigrant area in Unpute Jaya village in Poso regency, about 200 kilometers west of here, have demanded resettlement before the June 7 general election.

Police sued for illegal arrest

Police sued for illegal arrest JAKARTA (JP): A lawsuit filed by six suspects in the April 15 foiled robbery attempt and bomb blast in West Jakarta against city police chief Maj. Gen. Noegroho Djajoesman was heard by the South Jakarta District Court on Monday.

Supreme Audit Agency planning IBRA audit

Supreme Audit Agency planning IBRA audit JAKARTA (JP): Head of the Supreme Audit Agency (BPK) Satrio B. Joedono said on Monday the agency would audit the Indonesian Bank Restructuring Agency (IBRA) in the "near future", following strong demand from the public for transparency.

Closure of account

Closure of account I would like to lodge a formal complaint to Citibank Pondok Indah branch in the hope that this top tier international bank can improve the quality of its service to its customers.My mother has a number of accounts in the above bank which she wants to close as she has moved...

Subdistrict' head faces dismissal

Subdistrict' head faces dismissal JAKARTA (JP): Central Jakarta Mayor Andi Subur Abdullah said on Monday he would dismiss Erwanto, the head of Karanganyar subdistrict in Central Jakarta, if he was involved in the misuse of social safety net funds amounting to Rp 764 million.

Unchecked forest exploitation in Riau causes environmental damage

Unchecked forest exploitation in Riau causes environmental damageBy Yaunusar Bakar PEKANBARU, Riau (Antara): Recently, police seized hundreds of logs outside Bukit Batabuh National Park. Dozens of trucks were also impounded along the Eastern Sumatra highways for carrying logs above the maximum...

Three BAKN staff arrested for forging promotion papers

Three BAKN staff arrested for forging promotion papers JAKARTA (JP): The Jakarta Police have apprehended three employees of the Institute of State Personnel Administration (BAKN) for allegedly forging teachers' promotion documents, an officer said on Monday.The city police chief of detectives, Col.

Bandits extort, beat motorists

Bandits extort, beat motorists JAMBI, Jambi: A group of youths claiming to be repairing damage across the eastern road bordering Jambi and Riau have reportedly extorted Rp 10,000 from every passing motorist.

A disgraceful performance

A disgraceful performance The performance of our General Elections Commission (KPU) is shoddy and disgraceful. The work there is done by adventurers, who do their job with an eye to serving their own personal interests: people who are busy making demands, such as the size of their honorary fees; a...

President without religion?

President without religion? I refer to the letter by Mr. Vleugels in The Jakarta Post of May 12.It's saddening to read Mr. Vleugels' letter. It's beyond my imagination to live in a country without religion, where human power dominates our life.

Yusril 'wins' presidential hopeful's debate

Yusril 'wins' presidential hopeful's debate JAKARTA (JP): Yusril Ihza Mahendra of the Crescent Star Party (PBB) earned loud applause from the audience at a presidential candidate debate, after he refused to take advantage of the empty dais when the other candidates failed to show up.

Is Soeharto that poor?

Is Soeharto that poor? Nobody can blame Indonesians for believing that former president Soeharto and his family are worth more than US$15 billion, as reported by TIME magazine this week.Many people in the street here reacted to the magazine's article, which was widely quoted by local newspapers...

Indonesia needs new law for protecting e-commerce trade

Indonesia needs new law for protecting e-commerce trade JAKARTA (JP): The government has been urged to amend or create existing laws and regulations to safeguard and support trade transactions through the Internet.

Malang polishing its image as tourist destination

Malang polishing its image as tourist destinationBy Adi Samekto MALANG, East Java (Antara): Few tourists, apparently, head to this cool town, famous for its high-grade apples, despite the numerous unique attractions it offers.

Tanjung Lesung Resort Hotel responds

Tanjung Lesung Resort Hotel responds I would like to reply to Mr. Frank Richardson's letter that appeared in The Jakarta Post on May 17, 1999. Mr. Richardson and his wife have contracted malaria and I would like to wish them a speedy recovery.

Street name mars Egypt-Iran ties

Street name mars Egypt-Iran ties ASYUT, Egypt (AFP): A Tehran street named after one of President Anwar Sadat's assassins is a barrier to improving Iranian-Egyptian ties, Egyptian President Hosni Mubarak said in remarks published on Monday.

Ambon soldiers 'may have violated rules'

Ambon soldiers 'may have violated rules' JAKARTA (JP): Newly installed Pattimura Military Commander Brig. Gen. Max Tamaela indicated on Monday that his soldiers might have violated military procedures during operations that caused the deaths of seven civilians in the Maluku capital of Ambon three...

DHL invests $750 million in new warehouse facilities

DHL invests $750 million in new warehouse facilities JAKARTA (JP): Courier company DHL Worldwide Express has for the past year invested at least US$750 million in constructing new warehouse facilities in Jakarta and Bandung, a senior officer of the company said on Monday.

Indian-led party wins Fiji polls

Indian-led party wins Fiji polls SUVA (Reuters): Fiji's Mahendra Chaudhry, leader of the Indian-dominated Fiji Labor Party, on Monday declared victory in an historic multi-race election and said he would be Fiji's first Indian prime minister.

S. Africa's Del Monte eyes RI acquisitions

S. Africa's Del Monte eyes RI acquisitions BANGKOK (Reuters): South Africa's Del Monte Royal Foods Ltd said on Monday it is looking at possible acquisitions in Indonesia and Malaysia to complement its latest buy -- Thailand's Siam Agro Industry Pineapple Co Ltd (SAICO).

Bakrie plays down concerns over its restructuring plan

Bakrie plays down concerns over its restructuring plan JAKARTA (JP): Chairman of the well-diversified PT Bakrie & Brothers Aburizal Bakrie played down on Monday concerns by the U.S. Exim Bank over the transparency of the business group's US$1.02 billion debt restructuring plan.Aburizal said the U.S.

Where to go in Bandung:

Where to go in Bandung:Exhibitions * Fine Arts Exhibition: Batu Melangkah Waktu, by Sunaryo, at Selasar Seni Sunaryo, Jl. Bukit Pakar Timur no. 100 (Phone: 022 2507939), until Jun. 30. * Photo Exhibition by Frank Thiel, at Galeri Red Point, Jl. Jurang 103, until May 21.

Tourism Indonesia Mart 1999 insured

Tourism Indonesia Mart 1999 insured JAKARTA (JP): Participants of the Tourism Indonesia Mart & Expo (TIME) to be held in the capital in September will be insured against a possible delay in the annual tourism event, the organizer said here on Monday.

Goodyear's profits surge

Goodyear's profits surge JAKARTA (JP): PT Goodyear Indonesia's net profit increased more than nine-fold to Rp 50.3 billion (about US$6.3 million) in the 1998 financial year on widely expanded export business.

Perhapi, AusIMM sign deal

Perhapi, AusIMM sign deal JAKARTA (JP): The Association of Indonesian Mining Professionals (Perhapi) has signed a cooperation agreement with the Australian Institute of Mining and Mineralogists (AusIMM) to certify Indonesian mining experts.

Soeharto giggles away Amien's allegations of corruption

Soeharto giggles away Amien's allegations of corruption JAKARTA (JP): Soeharto burst into laughter when Amien Rais said in a televised debate on Friday the former president tried to arrest him a few months before the May 21 transfer of power to then vice president B.J.

Aplio/Phone, the Wizard that slashes your phone bills

Aplio/Phone, the Wizard that slashes your phone bills Melbourne-Jakarta: Rp 7,800/hourFrom her rented apartment in Melbourne, Australia, the blossoming and spoiled Jessi made an international call to Jakarta almost every other night.

The needy wait for safety net program assistance

The needy wait for safety net program assistanceBy Christiani S.A. Tumelap JAKARTA (JP): The eyes of Husin, a grandfather of six, shone bright as he talked about his tire repair business, a business he has been in for the last 20 years.

Telecommunications investors answer challenges

Telecommunications investors answer challenges Three years after the inauguration of the KSO Scheme in Indonesia's fixed-line telecommunications business, the total number of telephone lines has increased significantly, with more than one million new subscribers.

Foreign bankers

Foreign bankersFrom Business IndonesiaWith reference to a report in one of the morning dailies about Mr. Mar'ie Muhammad's proposal that foreign bankers be recruited to work in Indonesia, allow me to appeal to him that he not talk so much about this matter.