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 1,482 articles

Military says give Habibie a chance

Military says give Habibie a chance JAKARTA (JP): The Armed Forces (ABRI) reiterated its support for President B.J. Habibie yesterday, with Commander Gen. Wiranto calling on the nation to give the government a chance to lift the country out of its economic misery.

Rational party system required

Rational party system requiredBy Aleksius Jemadu BANDUNG (JP): One of the main goals of political reform is to make Indonesia's party system more representative and democratic.A political party system can be considered democratic if the existing parties reflect the diversity of political...

Firms urged to honor riot victims' claims

Firms urged to honor riot victims' claims JAKARTA (JP): The Insurance Council of Indonesia (DAI) urged its members yesterday to honor claims raised by owners of shopping centers, shop/houses and shops affected by riots last month.

500 Multipolar employees seeking compensation

500 Multipolar employees seeking compensation JAKARTA (JP): More than 500 employees of private retail company PT Multipolar Perkasa visited the Jakarta Legal Aid Institute yesterday to seek legal advise over their employment status.

President Habibie's legitimacy

President Habibie's legitimacy The article MPR should convene to pick new president by Yusuf Wanandi, May 29, arouses several questions and astonished me regarding President B.J. Habibie's credibility and popularity. I have no connection with B.J.

Soeharto's age his undoing: Habibie

Soeharto's age his undoing: Habibie JAKARTA (JP): President B.J. Habibie has said his predecessor Soeharto grew too old to sense the mood of the people, and that his own relative youth put him in a better position to lead the country.

P4 course for students suspended

P4 course for students suspended SEMARANG (JP): The Ministry of Education and Culture has abolished the requirement for university students to attend Pancasila propagation (P4) courses in the 1998/1999 academic year.

Students to be freed but case continues

Students to be freed but case continues BOGOR (JP): Police are considering the release of three students suspected of killing a police officer, but insisted that their case would be brought to court, an officer said yesterday.Bogor Regional Police chief Col.

ASEAN mulls Pakistani role

ASEAN mulls Pakistani role MANILA (Reuters): ASEAN foreign ministers are discussing whether to let Pakistan, heavily criticized for recent nuclear tests, become a member of its regional security group, Philippine President Fidel Ramos said yesterday.

Where to go in Bali:

Where to go in Bali:Exhibition * Painting Exhibition: Primitive Forms, Modern Feelings, by Charles Cham at Ganesha Gallery, Four Seasons Resort, Jimbaran (Phone: 0361 701010), June 4.Music and entertainment * Grand Hyatt Bali, Nusa Dua (Phone: 0361 771234): - Poolside: Pasar Senggol (Traditional...

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 3, 1998: Buying Selling Rp Rp U.S. dollar 1 11.100.00 12,000.00Austrian shilling 1 n/a n/aAustralian dollar 1 6,489.00 6,948.60Belgian franc 1 285.20 303.60Canadian dollar 1 7,206.60 7,655.

KL opposition fears crackdown

KL opposition fears crackdown KUALA LUMPUR (DPA): Malaysia's parliamentary opposition leader warned the government yesterday against using the current economic downturn as a pretext to crack down on civil liberties after police stopped three public meetings from being held this week.

Ethnic Chinese Indonesians

Ethnic Chinese Indonesians It concerns me that in spite of very recent events, you would publish such an offensive and factually incorrect letter as that from Sumarsono Sastrowardoyo, May 30.To say that ethnic Chinese Indonesians are somehow to blame for being attacked recently because of their...

Asian coffee market nudging back to life but prices fall

Asian coffee market nudging back to life but prices fall SINGAPORE (Reuters): Coffee trade in Asia is slowly coming back to life as social unrest gradually comes to an end in Indonesia, one of the region's main coffee producers, traders said.

Probing Soeharto Inc.

Probing Soeharto Inc. President B.J. Habibie's response to the nation-wide clamor for an investigation into the wealth of former president Soeharto, his family and cronies is not the kind of action demanded by the people. The investigation, as disclosed by Attorney General Soedjono C.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 3, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 425 25 2,000 AHAP Insurance 550 -50 500 Alter Abadi 600 0 327,500 Alumindo Light Metal 275 -50...

Japan's mission to visit RI

Japan's mission to visit RI TOKYO (AP): Japan will send a delegation of officials to Indonesia for talks on promoting economic reforms in the Southeast Asian nation, the Japanese Foreign Ministry said Tuesday.

S. Sulawesi officials sacked

S. Sulawesi officials sacked UJUNGPADANG, South Sulawesi: Governor Z.B. Palaguna confirmed yesterday that Ujungpandang Secretary Hakamuddin Jamal and the head of the administration's political directorate, Dick Dernadi, had been removed from their posts.

RI books trade surplus of US$1.97 billion in March

RI books trade surplus of US$1.97 billion in March JAKARTA (JP): Indonesia booked a surplus of US$1.97 billion in its foreign trade in March, partly due to a sharp drop in imports, Minister of Trade and Industry Rahardi Ramelan said yesterday.The minister said total exports rose 6 percent to $4.

Bank Papan gets Rp 9990.36b in liquidity credits

Bank Papan gets Rp 9990.36b in liquidity credits JAKARTA (JP): Publicly listed Bank Papan Sejahtera (BPS) said yesterday that it received liquidity credits of Rp 990.36 billion (US$90 million) from Bank Indonesia last year, or about 45 percent of the company's total assets of Rp 2.

Krakatau Steel not yet sold to Ispat: Tanri

Krakatau Steel not yet sold to Ispat: Tanri JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng said yesterday that the government had yet to sell PT Krakatau Steel to a foreign investor, following opposition from the company's management over an agreement made with...

Seeing through posturings of phony reformers

Seeing through posturings of phony reformersBy Mochtar Buchori JAKARTA (JP): Minister of Home Affairs Syarwan Hamid was reported by Kompas daily as making three salient points in a statement on Tuesday, May 26:* The various new political parties that have been proclaimed lately have no legal...

Moeloek gets one week to launch reforms

Moeloek gets one week to launch reforms JAKARTA (JP): University of Indonesia medical students have given Minister of Health F.A. Moeloek one week to announce measures to totally reform the country's healthcare system or resign.

Rice procurement may hit 20-year low

Rice procurement may hit 20-year low JAKARTA (JP): The State Logistics Agency (Bulog) estimated yesterday that its domestic rice procurement may fall to 250,000 metric tons this year, the lowest level in 20 years, due to a decline in rice production.

Government agrees to sell Krakatau Steel to Ispat

Government agrees to sell Krakatau Steel to Ispat JAKARTA (JP): State firm PT Krakatau Steel (KS) confirmed yesterday that the government had agreed to sell up to 51 percent of the company's shares to Netherlands-based Ispat International.

Foreign firms agree resumption of water deal

Foreign firms agree resumption of water deal LONDON (Agencies): Britain's Thames Water Plc said yesterday it had signed an agreement with the Indonesian authorities to resume operational and administrative control of water supplies in eastern Jakarta over the next few days.

Surabaya students target local television stations

Surabaya students target local television stations SURABAYA (JP): Hundreds of students marched yesterday afternoon to the private SCTV television station here demanding their demonstration for reform be broadcast and refused to budge until the station managers yielded.

Southeast Asia smog abates

Southeast Asia smog abates SINGAPORE (Reuters): The weakening of the El Nio weather phenomenon may reduce the chances of choking smog blanketing Southeast Asia this year, weather experts said yesterday.

Korea cancels gas deliveries

Korea cancels gas deliveries SINGAPORE (Reuters): South Korea has canceled more than 700,000 tons of liquefied natural gas (LNG) deliveries for 1998 because of falling demand, a senior Petronas official said yesterday.

Civilian elite risks losing touch

Civilian elite risks losing touchBy Ikrar Nusa Bhakti JAKARTA (JP): The death of four Trisakti University students last May 12 motivated students to escalate their campaign for total reform. In the same way as Arief Rachman Hakim, a University of Indonesia student who was shot to death by the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 2, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 400 -250 5,000 AHAP Insurance 600 100 5,000 Alter Abadi 600 -175 88,000 Alumindo Light Metal 325 50...

Youth activists want Tangerang mayor to quit

Youth activists want Tangerang mayor to quit TANGERANG (JP): At least 75 youth activists visited the local council here to demand that Mayor Djakaria Machmud resign immediately from his current post.Calling themselves the Tangerang Rescuers Forum (FPT), the youths told councillors on Monday that...

Social role for Timor buildings

Social role for Timor buildings JAKARTA (JP): The city will soon change the use of Timor and Humpuss buildings belonging to former president Soeharto's son Hutomo Mandala Putra on Jl. Medan Merdeka Timur, Central Jakarta, for social services because their construction violated existing land-use...

Government to aid domestic airlines

Government to aid domestic airlines JAKARTA (JP): The government is seeking ways to prevent ailing domestic airlines from becoming permanently grounded in the monetary crisis, a top air transportation official said yesterday.

RI could take 5 years to reach 1997 GDP level

RI could take 5 years to reach 1997 GDP level JAKARTA (JP): The Indonesian economy will continue to contract and will bottom-out this year before the first green shoots of the recovery spring up next year, but pre-crisis growth rates will not be recovered until 2002, economists predict.Mari E.

Uncertainty pushes stocks, rupiah down

Uncertainty pushes stocks, rupiah down JAKARTA (JP): Shares and the rupiah continued to lose ground for the second consecutive day yesterday, with stock prices on the Jakarta Stock Exchange (JSX) down 3.4 percent.

Goodyear to boost exports

Goodyear to boost exports JAKARTA (JP): Publicly listed automotive tire producer PT Goodyear Indonesia is set to boost its exports to offset the declining demand in the domestic market, an executive says.

Istana Nelayan employees, management reach agreement

Istana Nelayan employees, management reach agreement TANGERANG (JP): The strike called by 1,200 employees of the Istana Nelayan hotel and restaurant, which has remained closed after being badly damaged during last month's riots, ended peacefully after negotiations at the local manpower ministry...

Credibility of graft investigators doubted

Credibility of graft investigators doubted JAKARTA (JP): Human rights campaigner Marzuki Darusman cast doubt yesterday on whether the attorney general's office could fulfill its pledge to investigate alleged corrupt practices under former president Soeharto.

Kamoro culture back from brink of extinction

Kamoro culture back from brink of extinctionBy Gus Kairupan TIMIKA, Irian Jaya (JP): Possibly, probably, maybe, perhaps and more such words and sentences that indicate anything but solid certainty. If you were to read an account on Irian Jaya's background, say, as a foreword to a more detailed...

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 2, 1998: Buying Selling Rp Rp U.S dollar 1 11.300.00 12,800.00Austrian shilling 1 n/a n/aAustralian dollar 1 6,489.00 6,948.60Belgian franc 1 285.20 303.60Canadian dollar 1 7,206.60 7,655.

Rent scandal hits governor

Rent scandal hits governor SAMARINDA, East Kalimantan: Legislators said yesterday that they would look into reports that the local administration is providing Rp 10 million per month to the governor to rent his own house.

Jail term await 'Trisakti shooters'

Jail term await 'Trisakti shooters' JAKARTA (JP): West Jakarta Police chief Lt. Col. Timur Pradopo and 17 other police and military members face prison terms of between seven and 12 years if convicted of their alleged roles in last month's Trisakti shooting, an officer said yesterday.

Man jailed for thermos bottle theft

Man jailed for thermos bottle theft BOGOR (JP): A 22-year-old man has been sentenced by the Bogor District Court to nine months in jail for stealing a thermos bottle, a knife and several spoons and forks.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology Program 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in...

Bashing Soeharto

Bashing Soeharto Megawati Soekarnoputri, the eldest daughter of Indonesia's founding president Sukarno and chairwoman of the unrecognized Indonesian Democratic Party, has managed to impress many of us again by calling on all Indonesians to stop defiling fallen president Soeharto.

On Chinese Indonesians

On Chinese Indonesians Many Chinese Indonesians can tell stories of how their assets were destroyed or in some cases their safety targeted by the mobs in the recent riots that hit Jakarta and several other cities in Indonesia.

Journalists welcome advent of press freedom

Journalists welcome advent of press freedom JAKARTA (JP): Senior journalists welcomed yesterday the recent advent of greater press freedom and called on the government to revoke all rulings which repressed the media and even threatened their survival.

MAS defers Boeing order

MAS defers Boeing order KUALA LUMPUR, Malaysia (AP): The Malaysian Airline System (MAS) has deferred taking delivery of three Boeing airplanes for three or four years, a company spokeswoman said yesterday.

Astra reports $200m loss in first quarter

Astra reports $200m loss in first quarter JAKARTA (JP): Publicly listed PT Astra International said yesterday that it booked a net loss of Rp 2.2 trillion (about US$200 million) during the first quarter of this year due to its increasing financial burden.