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 1,713 articles

Comal bridge damaged, railway transport diverted south

Comal bridge damaged, railway transport diverted south PURWOKERTO, Central Java (JP): All trains traveling between Jakarta and Surabaya via the island's northern coast are being diverted to the southern line for at least two days due to a damaged railway bridge in Comal, Pemalang regency.

Consumer confidence continues to decline

Consumer confidence continues to decline JAKARTA (JP): Indonesia's consumer confidence continued to worsen last month due to fears that civil unrest might erupt and degenerate into violence, according to research conducted by the Danareksa Research Institute.

KL palm oil ends lower

KL palm oil ends lower KUALA LUMPUR (Reuters): Malaysian palm oil failed to sustain early gains and closed lower in directionless trade on Wednesday as players ignored market-friendly export data for the first 20 days of June.

Soeharto's health declines: Doctor

Soeharto's health declines: Doctor JAKARTA (JP): A team of state-appointed doctors reported on Wednesday that former president Soeharto's health had regressed following heart surgery, but that he was still in a relatively stable condition as of Tuesday.

Aussie bank eyes exit from some Asian operations

Aussie bank eyes exit from some Asian operations SYDNEY (Dow Jones): Commonwealth Bank of Australia is looking for a quick exit from its troubled Thailand and Indonesian life insurance operations in an effort to reduce its exposure to Southeast Asia.

Boeing, Mitsubishi tie up

Boeing, Mitsubishi tie up LE BOURGET, France (AFP): US aircraft giant Boeing said on Wednesday it has struck a strategic alliance in the aerospace sector with Mitsubishi Electric Corporation of Japan.Boeing said in a statement at the Paris Air Show that the alliance covered space-based...

Golden-Cargill alliance ended

Golden-Cargill alliance ended SINGAPORE (Dow Jones): Golden Agri-Resources Ltd. Wednesday said it has called off its alliance with Cargill Asia Pacific Ltd."Market-related events in the past six months are the main reasons," Golden Agri-Resources said in a statement.

JP/2/DAYAK

JP/2/DAYAKFollow-up actions to Dayak-Madura reconciliation urged PALANGKARAYA, Central Kalimantan (JP): Several local tribal leaders have called on all levels of the government to promptly follow up results of the newly concluded Dayak people's congress, which recommended the settlement of...

Australia, S'pore call for stable U.S.-China ties

Australia, S'pore call for stable U.S.-China ties SINGAPORE (AFP): Singapore and Australia on Wednesday called for stable ties between China and the United States, saying these were vital to stability in the Asia-Pacific region.

MPR finishes drafting decrees

MPR finishes drafting decrees JAKARTA (JP): The People's Consultative Assembly (MPR)'s working committee have completed drafting decrees relating to President Abdurrahman Wahid accountability, accommodating all scenarios including a possible conditional acceptance.

I take after Sukarno, claims Abdurrahman

I take after Sukarno, claims Abdurrahman BLITAR, East Java (JP): While lauding the nation's founding father, President Abdurrahman Wahid used his address at a ceremony commemorating the 31st anniversary of first president Sukarno's death, to promote his own polices, which he said were strongly...

Bali the object of desire for Dutch artist Husner

Bali the object of desire for Dutch artist HusnerBy Maria Kegel JAKARTA (JP): Paul Husner follows a long line of expatriate artists, from Rudolf Bonnet in the 1930s to octogenarian Arie Smit, who have made their second home in Bali.

'Angkot' fare hike burdens poor people

'Angkot' fare hike burdens poor people JAKARTA (JP): The increase in public minivan fares may only be Rp 200 but it is more than enough to cause increased distress for people on low incomes.In the nation's capital, it can take quite an amount of time for one to travel from one end of the city to...

Shopping malls lure children with holiday events

Shopping malls lure children with holiday events JAKARTA (JP): In such a big city as Jakarta, it is notoriously difficult to find any green and open space where it would be possible to have a family picnic or have children run around and play safely.

Asia must manage risks from mobile commerce boom: Experts

Asia must manage risks from mobile commerce boom: Experts SINGAPORE (AFP): The Asia-Pacific region has greater potential for business via mobile phones than any other market but there must be safeguards against non-payment and other risks, experts said here on Tuesday.

Got the munchies for Acehnese at Seulawah restaurant

Got the munchies for Acehnese at Seulawah restaurant JAKARTA (JP): OK, OK, enough of the little nudges and knowing winks which always seem to appear when people talk about Acehnese cuisine.Ganja leaves are a traditional flavor enhancer in the cooking, and that is why it is said police will turn a...

Inflationary pressures

Inflationary pressures The government-mandated 30 percent increase in fuel prices starting last Saturday that will be followed by price hikes in electricity and telephone services next month will surely strengthen inflationary pressures, which have thus far been exerted mainly by rising costs of...

BI's policy on stabilizing the value of the rupiah

BI's policy on stabilizing the value of the rupiah This is the first of two articles on the rupiah by Achjar Iljas, deputy governor of Bank Indonesia. JAKARTA (JP): Under the floating exchange rate system, market forces freely determine the rupiah exchange rate, while the authorities influence the...

Bank Universal plans Rp 3.3t in fresh loans

Bank Universal plans Rp 3.3t in fresh loans JAKARTA (JP): Publicly listed Bank Universal plans to extend new loans of about Rp 3.3 trillion (about US$29.33 million) this year.The bank said the fresh loans would raise its total outstanding credits by 55 percent to Rp 9.

Premier Oil targets Ujung Pangkah gas sale deal this year

Premier Oil targets Ujung Pangkah gas sale deal this year JAKARTA (JP): British oil and gas company Premier Oil Indonesia Ltd. expects to secure a contract by the end of this year to sell over 50 million cubic feet per day (mmcfd) of gas from its Ujung Pangkah gas field in East Java to local power...

Jakarta dominates second day of interchapter volleyball c'ships

Jakarta dominates second day of interchapter volleyball c'ships JAKARTA (JP): Jakarta men's and women's volleyball teams dominated the second day of the 2001 Interchapter National Volleyball Championships at the basketball hall in Bung Karno Sports Complex in Senayan on Tuesday.

Three bombs explode in Pancoran boarding house

Three bombs explode in Pancoran boarding house JAKARTA (JP): Three powerful bomb explosions on Tuesday morning seriously injured five people and caused extensive damage to a boarding house on Jl. Cikoko Barat III No. 23, in the Pengadegan subdistrict of Pancoran, South Jakarta.

JP/2/DAYAK

JP/2/DAYAKFollow-up actions to Dayak-Madura reconciliation urged PALANGKARAYA, Central Kalimantan (JP): Several local tribal leaders have called on all levels of the government to promptly follow up results of the newly concluded Dayak people's congress, which recommended the settlement of...

Gus Dur, Megawati to attend anniversary

Gus Dur, Megawati to attend anniversary JAKARTA (JP): President Abdurrahman Wahid and Vice President Megawati Soekarnoputri are slated to arrive in Blitar, East Java, on Wednesday to attend ceremonies marking the 31st anniversary of the death of the country's first president, Sukarno, on Thursday.

Government proposes to IMF several options on central bank law

Government proposes to IMF several options on central bank law JAKARTA (JP): New Coordinating Minister for the Economy Burhanuddin Abdullah said on Tuesday he had proposed to the International Monetary Fund (IMF) "several options" to end the current row over the amendment of the central bank law.

Palembang budgets for water demand

Palembang budgets for water demand PALEMBANG, South Sumatra: The city administration here has allocated Rp 5.16 billion from its local budget to meet the expected high demand for clean water.The deputy of the Palembang administration, Aidit Aziz, said on Tuesday that the supply of clean water for...

Support for the attorney general

Support for the attorney general I would like to comment on and at the same time give my support to the steps taken by Attorney General Baharuddin Lopa to enforce the law. I do hope that the attorney general is serious in carrying out this task and not merely making empty promises.

Civilian-military relations

Civilian-military relationsFrom Rakyat MerdekaTo the best of my understanding, now that civilian-military relations seem to be closer or more intimate, as can be observed from one TV program aired on May 8, 2001 presenting resource person MT Arifin and (ret) Maj. Gen. Syaiful Sulun.

Female mayors make Asian cities nicer: UN

Female mayors make Asian cities nicer: UN BANGKOK (AFP): Cities in the Asia Pacific region would be cleaner, healthier and friendlier places to live if women had a bigger role in running local governments, the United Nations said on Tuesday.

It's rule of law versus personality

It's rule of law versus personality BANGKOK: For four months, the Constitution Court has been biting the bullet under constant pressure from the supporters of Prime Minister Thaksin Shinawatra. After some initial reluctance, Thaksin finally decided to appear before the court, and when he did...

300 industries in Bogor produce toxic waste: Agency

300 industries in Bogor produce toxic waste: Agency BOGOR (JP): Some 300 of the 800 industrial companies operating in Bogor regency produce hazardous and toxic waste, according to the Bogor branch of the Environmental Impact Management Agency (Bapedalda).

Thieves hit shoe factory

Thieves hit shoe factory BANDUNG (JP): Fifteen thieves armed with handguns and sickles robbed a house, which was also used as a shoe accessory factory, in broad daylight on Tuesday, making off with Rp 15 million in cash and other valuables.

U.S. Dollar Rates June.19

U.S. Dollar Rates June.19 Latest Previous %Change Yen 123.04-09 123.31-36 -0.22 Euro* 0.8554-59 0.8610-15 -0.65 Sterling 1.3942-48 1.4062-67 -0.85 Swiss Franc 1.7875-80 1.7764-74 +0.62 Canadian Dollar* 1.5337-47 1.5339-49 -0.01 Australian Dollar* 0.5214-19 0.5227-32 -0.25 New Zealand Dollar 0.

Mahathir 'unaware' of latest probe

Mahathir 'unaware' of latest probe KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad said on Tuesday he was not aware of any investigation by authorities into Malaysia's former finance minister Daim Zainuddin.

Commuters bemoan unfair minivan fares

Commuters bemoan unfair minivan fares JAKARTA (JP): With public minivan transportation fares increasing, today it was the commuters' turn to express dissatisfaction over price rises as fares in some cities began to spiral beyond the expected average.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 19, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,475 -25 79,500 Adindo Foresta 120 0 108,500 AGIS 140 5 92,000 Alakasa 150 0 0 Alfa Retailindo 1,075...

Tonic kills three men in Cakung

Tonic kills three men in Cakung JAKARTA (JP): A vendor selling "tonic" was arrested following the death of three of 11 men who were rushed to hospital after drinking the concoction, police said on Tuesday.Cakung Police subprecinct chief Comr.

China probes additive dumping

China probes additive dumping BEIJING (Dow Jones): China has opened an investigation into possible dumping of the feed additive L-lysine monohydrocyloride, the official Xinhua news agency reported late Monday.The investigation will target imports from the U.S.

Golkar chairman Tadjus resigns

Golkar chairman Tadjus resigns JAKARTA (JP): Golkar Party city chapter chairman Tadjus Sobirin, who has often been criticized for his poor leadership, announced his resignation on Tuesday following demands for his replacement in an expedited congress.

Oil prices extend losses on chance of July Iraq restart

Oil prices extend losses on chance of July Iraq restart LONDON (Reuters): Oil prices extended losses on Tuesday, falling to two-month lows after a dollar-a-barrel slump late on Monday.Traders said the expectation that weekly U.S.

Who dares?

Who dares? Rakyat Merdeka on June 11, 2001 published an interview with Mr. Kemal Idris, former chief of the Army Strategic Reserves Command (green berets) who sieged the palace of former president Sukarno on Oct. 17, 1952. Contrary to what I have often read, Mr.

University to take more students

University to take more students PALANGKA RAYA, Central Kalimantan: Palangka Raya University, the biggest and oldest university in the province, has allocated some 1,945 places for new student admissions for the coming school year.

Talks with GAM again?

Talks with GAM again? Minister of Defense Mahfud MD announced on June 15, 2001 that Indonesia would send Coordinating Minister for Political, Social and Security Affairs Agum Gumelar to peace talks between the government and separatist Free Aceh Movement (GAM) in Geneva (The Jakarta Post, June 16,...

Governor asked to help E. Timorese

Governor asked to help E. Timorese JAKARTA (JP): Former East Timorese prointegration leader Eurico Gueterres met with Jakarta Governor Sutiyoso on Tuesday to request that the city administration help relocate East Timorese who have opted to remain in Indonesia.

Lopa plans to file lawsuit against Soeharto

Lopa plans to file lawsuit against Soeharto JAKARTA (JP): Seeking a much needed breakthrough in the stalled prosecution of Soeharto, Attorney General Baharuddin Lopa reiterated here on Tuesday his plans to seek an alternative legal route by filing a civil lawsuit against the former president.

Nippon forms joint venture

Nippon forms joint venture JAKARTA (JP): Nippon Express, a major Japanese freight forwarding company and logistics provider, and its local partner PT Supra Raga Transport have formed a joint venture to boost its presence in the Indonesian market.

Aiming for Market Leadership in Information Technology Services

Aiming for Market Leadership in Information Technology Services The information technology (IT) industry in the Philippines has been going through remarkable progress and growth in recent years. In the hardware sector, the Philippines' semiconductor and electronics industries have been growing at...

Persani to select SEA Games gymnasts

Persani to select SEA Games gymnasts JAKARTA (JP): The Indonesian Gymnastics Association (Persani) will stage a three-day selection to pick members of the Kuala Lumpur Southeast Asian (SEA) Games team.The Persani deputy secretary-general, Frederick Huma, was quoted by Antara as saying on Tuesday...

600,000 Jakartans not paying tax

600,000 Jakartans not paying tax JAKARTA (JP): Director General of Taxation Hadi Purnomo estimates that almost two-thirds of Jakarta's potential taxpayers do not pay income tax.Hadi said on Tuesday that based on 1999 data, Jakarta should have 900,000 taxpayers, but as of May this year, only 300,000...

Military personnel to secure Arun gas field

Military personnel to secure Arun gas field BANDA ACEH, Aceh (JP): More than 2,000 military personnel are expected to be deployed along the 80-kilometer gas production and distribution line of PT ExxonMobil Oil Indonesia in Lhok Sukon, East Aceh, ahead of the giant gas company's plan to resume...