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 1,697 articles

President Arroyo meets with Estrada

President Arroyo meets with Estrada MANILA (Reuters): Philippine President Gloria Macapagal Arroyo met her detained predecessor Joseph Estrada on Thursday just three days after security forces stopped his supporters storming the presidential palace.

Citibank disappointment

Citibank disappointment I am writing this letter as a result of frustration with Citibank Indonesia. On March 6, I had my office call the Citibank Customer Service Department and ask for written confirmation (in English) regarding the workings of the "Easypay" system as I was unable to get a clear...

Parties eye more than reshuffle

Parties eye more than reshuffle JAKARTA (JP): Major political parties stressed here on Thursday that they wanted more than a mere Cabinet reshuffle from embattled President Abdurrahman Wahid.House of Representatives Speaker Akbar Tandjung said major factions in the House preferred a full delegation...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 3, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,150 50 187,000 Adindo Foresta 95 0 4,000 AGIS 140 -5 3,042,500 Alakasa 90 0 0 Alfa...

Prijadi ill, budget debate delayed

Prijadi ill, budget debate delayed JAKARTA (JP): The government has delayed the deliberation of the revised 2001 state budget with the House of Representatives on account of the finance minister Prijadi Praptosuhardjo taking ill, according to Coordinating Minister for the Economy Rizal Ramli.

PDI-P leadership

PDI-P leadership Virtually all the major political parties have warmed to the initiative of the Indonesian Democratic Party of Struggle (PDI Perjuangan) for their leaders to meet to discuss the future of the nation.

Petronas wins Sudan contract

Petronas wins Sudan contract KUALA LUMPUR (Reuters):- Malaysian state oil company Petroliam Nasional Bhd said on Thursday it had won an exploration and production contract in Sudan as part of a group of companies.

Full facilities in troubled areas prepared for judges

Full facilities in troubled areas prepared for judges JAKARTA (JP): Supreme Court Deputy Chief Justice M. Taufiq noted on Thursday that the government was preparing full facilities for judges who would be deployed to troubled areas, so that they would feel comfortable and not run away like their...

Chandra Asri debt workout approved

Chandra Asri debt workout approved JAKARTA (JP): After 19 months of tedious negotiations and high-level lobbying, the government has managed to persuade Japan's Marubeni Corp. to agree to its latest proposal to restructure the massive debt of petrochemical giant PT Chandra Asri.

Gus Dur plans Thai visit to boost trade

Gus Dur plans Thai visit to boost trade JAKARTA (JP): Palace officials on Thursday confirmed that President Abdurrahman "Gus Dur" Wahid was going ahead with a visit to Thailand later this month despite being caught in a battle for his political survival.

Vietnam slams U.S. for trade

Vietnam slams U.S. for trade HANOI (AFP): Vietnam on Thursday denounced a recommendation by a U.S. federal commission that the U.S. Congress link ratification of a free trade pact to Hanoi making progress in allowing religious freedom.

RI wood exports may fall short

RI wood exports may fall short JAKARTA (JP): The Ministry of Industry and Trade warned on Thursday Indonesia might not be able to reach the 10 percent growth target for its wood products exports this year due to weak market demand, following the global economic slowdown.

RI bids to host Asian Kempo C'ships

RI bids to host Asian Kempo C'ships JAKARTA (JP): The Indonesian Kempo Association (Perkemi) will bid to host the 2003 Asian Championships after failing in its bids to host the 2001 Taikai (World Championships), which were given to Paris, and the 2005 Taikai to be held in Tokyo.

KPEN warns govt not to overtax businesses

KPEN warns govt not to overtax businesses JAKARTA (JP): The National Economic Recovery Committee (KPEN) urged the government on Thursday not to burden local companies with more taxes in its efforts to reduce the widening deficit in the country's state budget.

Kostrad chief visits border

Kostrad chief visits border ATAMBUA, East Nusa Tenggara: The Army Reserve Strategic Command chief Lt. Gen. Ryamizard Ryacudu visited the border between East Timor and East Nusa Tenggara on Thursday.Ryamizard said his visit was to inspect the latest security conditions between the two territories.

APP clarifies collateral pledge

APP clarifies collateral pledge JAKARTA (JP): Asia Pulp & Paper Co. (APP) announced on Thursday additional information regarding the impact of the previously announced settlement agreement among the controlling shareholders of the Sinar Mas Group and the Indonesian Bank Restructuring Agency on APP...

Gramedia bookstores remove 'leftist' titles from shelves

Gramedia bookstores remove 'leftist' titles from shelves JAKARTA (JP): Gramedia, the country's largest bookstore chain, is removing books on communism from its shelves in response to threats from anticommunist groups who threatened to raid the stores and burn the books.

KL palm oil higher, covering persists

KL palm oil higher, covering persists KUALA LUMPUR (Reuters): Malaysian palm oil futures ended mostly higher on Thursday in anticipation of further rises in Chicago and positive news from this month's visit by Indian Prime Minister Atal Behari Vajpayee, traders said.

Unrest in RI, RP not to spread: KL

Unrest in RI, RP not to spread: KL KUALA LUMPUR (AP): Malaysia's defense minister said on Thursday he was not worried that political instability in neighboring Indonesia and the Philippines could spill over into Malaysia.

Aussie businessman faces expulsion

Aussie businessman faces expulsion PADANG, West Sumatra: Provincial authorities have threatened to revoke the working permit of Australian Rick Camerron for allegedly misusing the name of Governor Zainal Bakar to promote his surfing company on Mentawai island.

RP VP cannot see Aung San Suu Kyi

RP VP cannot see Aung San Suu Kyi MANILA (AFP): Philippine Vice President Teofisto Guingona said on Thursday the Myanmar government politely rebuffed his attempts to meet detained opposition leader Aung San Suu Kyi in Yangon last weekend.

Corpse findings shock locals

Corpse findings shock locals JAKARTA (JP): Residents of Cempaka Putih area in Central Jakarta and Depok were shocked on Thursday with the finding of two corpses.Cempaka Putih subprecinct police chief Comr.

Newmont and pollution

Newmont and pollution I have always tried to avoid telling people how to do their jobs, but I find myself thrust into that position having just finished reading the article titled Activists accuse PT Newmont of polluting (The Jakarta Post, May 1, 2001).

Setbacks cloud Asian bank restructuring

Setbacks cloud Asian bank restructuring PARIS (AFP): Progress has been made in restoring health to the crisis-ravaged banking systems of Indonesia, Malaysia and Thailand but setbacks are possible because of huge corporate debt, the OECD said Thursday.

Trawler hijacked, captain murdered

Trawler hijacked, captain murdered JAKARTA (JP): After floating for two days without clear direction, a plundered trawler was finally guided into Sunda Kelapa Port in North Jakarta on Thursday morning, with the dead captain found frozen.

It's cool to shoot pool for capital's youth

It's cool to shoot pool for capital's youthBy Monique Natalia JAKARTA (JP): The five young women, all around the age of 20, were dressed like they were ready to dance the night away.But instead of heading off to a cafe or club on a recent Saturday night, they were at Bengkel Billiard, each of them...

City officials, police squabble over hoodlum fund

City officials, police squabble over hoodlum fund JAKARTA (JP): While the operation against hoodlums has not yet been accomplished, amid doubts by experts over its effectiveness, the city administration and the police have now been involved in an argument over the disbursement of the allocated Rp 4.

Asian currencies mostly up on yen, easing political fears

Asian currencies mostly up on yen, easing political fears SINGAPORE (Dow Jones): Most Asian currencies extended their recent gains late Thursday, basking in the glow of the yen's strength and as political pressures in Indonesia and the Philippines ebbed, dealers said.

No Olympic bid for silat, official says

No Olympic bid for silat, official says JAKARTA (JP): The International Pencak Silat Federation (Persilat) refuted reports that it would bid to have the Indonesian martial art included in the Olympic Games.

Military rejects delegating security matters to Aceh

Military rejects delegating security matters to Aceh JAKARTA (JP): The Indonesian Military (TNI) and National Police have rejected a proposal to give the Aceh provincial government authority for security arrangements within the troubled province.TNI Chief Adm. Widodo A.S.

500 street traders protest raid

500 street traders protest raid JAKARTA (JP): A newspaper deliver boy joined about 500 street traders in a rally at the City Council on Thursday, demanding the council help restore their right to do business on Jakarta streets.Unfurling banners and posters, one of them reading "Jakarta for all.

RI diplomats to benefit from French scholarships

RI diplomats to benefit from French scholarships JAKARTA (JP): The French government has granted scholarships for young Indonesian diplomats hone their diplomatic skills and study the French language.The scholarship cooperation agreement was signed here on Thursday by Ministry of Foreign Affairs...

PSN restructures debts

PSN restructures debts JAKARTA (JP): Satellite communications provider PT Pasifik Satelit Nusantara (PSN) has won approval from its creditors to restructure its US$213 million debts.The company said on Thursday that its creditors including the Indonesian Bank Restructuring Agency (IBRA), Bank...

185 Afghans stranded in Bima

185 Afghans stranded in Bima BIMA, West Nusa Tenggara: A boat carrying 185 illegal immigrants from Afghanistan on Wednesday drifted ashore in Pusu Waworanda Bay on Sumbawa island, some 65 kilometers south of here, Antara reported.

Bulog considers nontariff barrier to curb rice imports

Bulog considers nontariff barrier to curb rice imports JAKARTA (JP): The State Logistics Agency (Bulog) is considering imposing nontariff barriers on rice imports in a bid to protect local farmers, according to Bulog chief Widjanarko Puspoyo.

Angklung master Mang Udjo dies

Angklung master Mang Udjo dies Udjo Ngalagena, a noted artist who dedicated much of his life to the traditional Sundanese bamboo music angklung, died early on Thursday at the age of 72.He was buried later in the day in a cemetery near his home in Sirnagalih village in Paduka, Bandung.

France invites RI amateur boxers

France invites RI amateur boxers JAKARTA (JP): Local amateur boxers were given a rare opportinity to enrich their skill when France invite them for an exhibition in Indian Oceania Festival, an official said on Thursday.

Political compromise

Political compromiseFrom Media IndonesiaPresident Abdurrahman Wahid, or Gus Dur as he is familiarly known, was, as we all know, brought up in a strict Javanese and Islamic environment, and he certainly comprehends fully their philosophy, including the words of wisdom, "Don't burn the candle at both...

I'm no Arroyo: Megawati

I'm no Arroyo: Megawati JAKARTA (JP): Despite the many similarities she shares with Gloria Macapagal-Arroyo, Vice President Megawati Soekarnoputri refused on Thursday any comparison with the Philippines president.

Malaysia eases restrictions to boost property market

Malaysia eases restrictions to boost property market KUALA LUMPUR (AP): More foreigners will be allowed to buy real estate in Malaysia under new guidelines announced Thursday to boost the property market.

JSX considers bonds to finance remote trading

JSX considers bonds to finance remote trading JAKARTA (JP): The Jakarta Stock Exchange (JSX) plans to issue bonds or commercial papers worth up to Rp 23.5 billion (US$2.11 million) to help finance the development of its remote trading system this year.

Route change causes traffic jam

Route change causes traffic jam JAKARTA (JP): Officials took on one of the city's traffic problem areas on Thursday to poor results, with cars backed up from Jl. Asia Afrika to Jl. Hang Tuah in Senayan, Central Jakarta.Private vehicles on Jl.

40 venues for KL SEA Games

40 venues for KL SEA Games JAKARTA (JP): The organizing committee of the Kuala Lumpur Southeast Asian Games will use 40 venues to host the biennial event from Sept. 8 to Sept. 17.Bernama reported that the venues would be located in Penang, Johor, Klang Valley and Negeri Sembilan.

Nokia opens 16th retail outlet

Nokia opens 16th retail outlet JAKARTA (JP): Nokia Mobile Phones Indonesia opened its 16th retail outlet at Mal Taman Anggrek on Thursday to further increase service to its mobile phone users, Nokia's general manager for Indonesia Shaun Colligan said.

ASEAN 'to accelerate' free trade links outside region

ASEAN 'to accelerate' free trade links outside region SIEM REAP, Cambodia (AFP): Southeast Asian economic ministers agreed Thursday to accelerate efforts to expand free trade links with their northern and southern neighbors in order to protect themselves from the US-induced global slowdown.

Time for RI to humanize security

Time for RI to humanize securityBy Makmur Keliat JAKARTA (JP): Following the fall of Soeharto in May 1998, discussion of the need for constitutional reform, new electoral laws and decentralization have continued unabated.

Students rob bus passengers

Students rob bus passengers BEKASI (JP): Eight armed high school students robbed on Thursday several passengers on a bus plying the Bekasi - Pulogadung route.One of the students was immediately arrested by a policeman who, by coincidence, was passing by the bus robbery, which took place in front of...

Canada confirms bar dumping

Canada confirms bar dumping OTTAWA (Dow Jones): The Canada Customs and Revenue Agency confirmed that certain concrete reinforcing bar products from Indonesia, Japan, Latvia, Moldova, Poland, Taiwan and Ukraine were dumped into Canada at an average of 30 percent below normal price levels.

Six die in C. Java accident

Six die in C. Java accident BOYOLALI, Central Java: Six people were killed in a traffic accident near the village of Teras in Mojosongo district, Boyolali, Central Java on Thursday evening.Boyolali Police chief Adj. Sr. Comr. V.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Advertising Postcards, Gallery RPC, Jl. Suryo 8 Kebayoran Baru, South Jakarta, until May 31. * Painting Bersama Perempuan Menuju Abad 21, Sahid Jaya Hotel, Jl. Jend. Sudirman no. 86, Central Jakarta, May 4. * Painting by Rusli, Galeri Lontar, Jl.