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 1,401 articles

Overseas competitions needed, Agung says

Overseas competitions needed, Agung says JAKARTA (JP): State Minister of Youth Affairs and Sports Agung Laksono advised sports bodies on Wednesday to fund overseas warm- up competitions for their athletes ahead of the 20th Southeast Asian (SEA) Games in Brunei Darussalam in August.

Indonesia surprised by delay of East Timor ballot

Indonesia surprised by delay of East Timor ballot JAKARTA (JP): Minister of Foreign Affairs Ali Alatas expressed surprise on Wednesday after UN Secretary-General Kofi Annan announced his decision to delay the direct ballot on East Timor's future.

The fate of Islamic parties at polls

The fate of Islamic parties at pollsBy Santi W.E. Soekanto and Wisnu Pramudya JAKARTA (JP): About 87 percent of the approximately 116 million voters in the general election were Muslims, but one would not know it from looking at the results of 13 Islamic parties during the June 7 polls.

KPU, PPI split over vote-count schedule

KPU, PPI split over vote-count schedule JAKARTA (JP): A Wednesday morning decision by the National Elections Committee (PPI) to start the national ballot count on Thursday was overruled an hour later by a decree issued by the General Elections Commission (KPU).

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Photo Exhibition: By Elizabeth Carecchio, at the Gallery CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., June 25 to Jul. 10.Performance * Music, Dances at CCCL - French Cultural Center, 8 p.m. June 25.

Astra restructures over $1.1b in debt

Astra restructures over $1.1b in debt JAKARTA (JP): After 11 months of hard negotiations, auto giant PT Astra International finally signed agreements on Wednesday with its bank creditors and bond holders to restructure some US$1 billion and Rp 1 trillion in debts, including capitalization of...

Habibie's aide dresses down journalists over dress code

Habibie's aide dresses down journalists over dress code JAKARTA (JP): An adjutant of President B.J. Habibie berated reporters as "stupid" for not wearing the peci, the traditional black cap which has reportedly become part of the dress code at the State Palace since the President came to power, the...

Disabled policeman wins aid promise with strike

Disabled policeman wins aid promise with strike JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman has promised to help a retired, disabled police office who went on a hunger strike to demand that the National Police pay him compensation for injuries sustained in the line of duty.

Man arrested with 38,000 ecstasy pills

Man arrested with 38,000 ecstasy pills JAKARTA (JP): City police detectives arrested a 35-year-old former coffin maker on Monday for allegedly possessing a total of 38,172 ecstasy pills worth over Rp 1.7 billion (US$234,500).It is believed to be the country's single largest ecstasy seizure.

Quake rocks Banda Aceh

Quake rocks Banda Aceh BANDA ACEH, Aceh: A tectonic earthquake measuring 5.5 on the Richter scale struck Banda Aceh at about 2 p.m. on Tuesday.An employee of the Mata Ie Meteorology and Geophysics office here, Sugeng, told Antara the epicenter of the quake was determined at a depth of 33 kilometers...

Munir too subjective

Munir too subjective Munir's success in uncovering a case of missing persons whose abductors happened to be certain members of security apparatuses (the military and police) seems to continue to overshadow his pattern of thoughts so that he always places them as the parties to blame.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 22, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 525 50 82,000 AHAP Insurance 525 0 0 Alakasa Industrindo 350 -25 25,000 Alter Abadi 525 50 2,190,500...

UNAMET plans to work with KPS

UNAMET plans to work with KPS DILI, East Timor (JP): The United Nations Mission in East Timor (UNAMET) plans to cooperate with the Commission for Peace and Stability (KPS) to formulate a code of conduct to ensure security in the province ahead of the self-determination vote in August, KPS member...

Syarwan Hamid puts photos on display

Syarwan Hamid puts photos on display JAKARTA (JP): Twenty-five photographers and enthusiasts from the Indonesian Leica Photography Club will hold a joint exhibition at Cahya photo gallery in Central Jakarta beginning on Friday.

Pelti delays decision on coach appointments

Pelti delays decision on coach appointments JAKARTA (JP): With only six weeks left before the 20th Southeast Asian (SEA) Games begin in Brunei Darussalam in August, the Indonesian Tennis Association (Pelti) once again delayed plans to stage a selection for coaches.

So much for reform talks

So much for reform talks The nation's reform agenda appears to have been put on the back burner as virtually all of the country's political elite are locked in a stiff power struggle. The whole nation watches in awe as these political leaders, many of whom we had assumed were on opposing sides of...

India and Pakistan must talk

India and Pakistan must talk The Jakarta Post published a news item on June 21, in three columns captioned India wins G-8 support over Kashmir spat. The intro of the story said that India won key diplomatic support from the G-8 group of major powers on Sunday in its battle with arch-foe Pakistan...

Government may recruit private investigators

Government may recruit private investigators JAKARTA (JP): The government will likely recruit professional detectives to trace the Soehartos' alleged fortune overseas, a minister said.Minister of Justice Muladi told Antara on Tuesday that Coordinating Minister for Development Supervision and...

Bali Travel Mart opens with optimism

Bali Travel Mart opens with optimismBy I. Christianto KUTA, Bali (JP): Indonesia is set to launch a series of promotional programs to reinvigorate a tourist industry which has been mired in a slump for the past two years, Minister of Tourism, Arts and Culture Marzuki Usman said after opening the...

IMF tells Indonesia to cut interest rate, do more to relax money supply

IMF tells Indonesia to cut interest rate, do more to relax money supply JAKARTA (JP): Indonesia has to allow domestic interest rates to further decline from current levels as part of a strategy to encourage an economic recovery, according to International Monetary Fund (IMF) Asia Pacific director...

City Council to vote on choice of speaker

City Council to vote on choice of speaker JAKARTA (JP): Minister of Home Affairs Syarwan Hamid on Tuesday said the post of speaker of the Jakarta City Council would not automatically go to the political party which garnered the most votes in the elections in the capital.

Makindo, Dynaplast to buy back shares

Makindo, Dynaplast to buy back shares JAKARTA (JP): Shareholders of publicly listed securities company Makindo and plastics components manufacturer Dynaplast approved on Tuesday plans to buy back up to 10 percent of the companies' shares from the public.

House's debate on oil bill goes on

House's debate on oil bill goes on JAKARTA (JP): The House of Representatives and the government continued debating an oil and gas bill despite a call from activists for the cancellation of the talks.Legislator Priyo Budi Santoso, a member of the House's special team for the deliberation of the...

Lufthansa to buy PAL assets

Lufthansa to buy PAL assets MANILA (Reuters): Debt-ridden Philippine Airlines has signed a letter of intent with a unit of Germany's Lufthansa to sell its maintenance and engineering operations, company president Avelino Zapanta said on Tuesday.

Hendra picks Indonesian lawyer to defend him

Hendra picks Indonesian lawyer to defend him JAKARTA (JP): Hendra Rahardja, who is in a Sydney jail awaiting a procedural hearing on extradition, has named Indonesian lawyer Alamsyah Hanafiah to defend him in the Australian courts and in his trial here.

Violence victims ask Military Police to be more serious

Violence victims ask Military Police to be more serious JAKARTA (JP): Parents and relatives of abducted activists and students shot dead during demonstrations staged a protest on Tuesday in front of the headquarters of the Military Police, which was commemorating its 53rd anniversary.

Mahathir slams Connery film

Mahathir slams Connery film KUALA LUMPUR (Reuters): Prime Minister Mahathir Mohamad lashed out on Tuesday at Sean Connery's latest film Entrapment, accusing the thriller of distorting the truth by juxtaposing slums next to the world's tallest buildings.In U.S.

Tangerang public minivan drivers protest route overlaps

Tangerang public minivan drivers protest route overlaps TANGERANG (JP): Hundreds of angkot (public minivan) drivers protested at Tangerang Regent Agus Djunara's office on Tuesday over route overlaps.The protest, held by drivers of D-06 minivans plying the Jombang-Ciputat route and drivers of D-08...

Governor calls of rebuilding of capital

Governor calls of rebuilding of capital JAKARTA (JP): Jakarta Governor Sutiyoso made a passionate appeal to residents on Tuesday to join hands with him in rebuilding the city whose image abroad has been shattered by violent unrest over the past year.

Big debtors agree to repay debts at local banks

Big debtors agree to repay debts at local banks JAKARTA (JP): Some 173 large debtors, including companies owned by the family of former president Soeharto and his associate Mohamad Bob Hasan, have finally agreed to sign a letter of commitment to repay bad debts at local banks.

Lottery hopefuls lose their cool

Lottery hopefuls lose their cool BANDUNG: Residents set ablaze a motorcycle and a car in front of a reputed lottery site late Monday. They were reportedly incensed because there was no announcement of lottery results at the building, a former showroom.

Golkar supporters angry over bribery

Golkar supporters angry over bribery TANGERANG (JP): Hundreds of local Golkar Party supporters here flooded the party's mayoralty chapter office on Monday, condemning alleged bribery committed by their party's treasurer.

Administration may review bus fare hike

Administration may review bus fare hike JAKARTA (JP): The city is considering reviewing an initial plan to double the fare on city buses in the capital, an executive said on Monday.Head of the city's land transportation division of the Ministry of Communication, Feisal Amir, said that the strong...

Money laundering reports untrue: Rahardi

Money laundering reports untrue: Rahardi JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Tuesday that reports of a money laundering scandal involving his wife were engineered.Rahardi, who is also chairman of the State Logistics Agency (Bulog), said it was clear that certain...

KPU members agree to gradual ballot count

KPU members agree to gradual ballot count JAKARTA (JP): Pressed for time, the General Elections Commission (KPU) agreed on Tuesday to begin the national ballot count before the final poll results came in from all of the 27 provinces.

Pacific to buy Indofood

Pacific to buy Indofood HONG KONG (AFP): Hong Kong-based conglomerate First Pacific Co. Ltd. said Tuesday it would spend US$650 million to buy a 40- percent stake in Indonesian foodmaker PT Indofood Sukses Makmur.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on June 21, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 6,840.00 6,940.00 6,840.00 6,980.00Australian dollar 1 4,407.10 4,524.20 4,382.00 4,599.00Austrian schilling 1 511.14 523.71 - -Belgian franc 1 174.

Experts warn of possible wave of student protests

Experts warn of possible wave of student protests JAKARTA (JP): Legal experts have warned that students could return to the streets if the government of President B.J. Habibie continued stalling the corruption investigations against former top officials, including ex-president Soeharto.

Soehartos control 7.15m ha of forests in the country

Soehartos control 7.15m ha of forests in the country JAKARTA (JP): Former president Soeharto, his family and their friends own stakes in 27 timber companies and 8 industrial forest estates, covering a total area of 7.

Hotels observe anniversary with Betawi food festivals

Hotels observe anniversary with Betawi food festivals JAKARTA (JP): City dwellers appeared to lack the inclination to join in Tuesday's festivities to celebrate the city's 472 anniversary. Symbols of Betawi (native Jakarta) culture were mostly seen on major street corners and other public places.

Indonesia must win 70 golds to beat Thailand in SEA Games

Indonesia must win 70 golds to beat Thailand in SEA Games JAKARTA (JP): The National Sports Council (KONI) official in charge of athletes development, Mochamad Hindarto, says Indonesia will need at least 70 golds to retain the overall title at the 20th Southeast Asian (SEA) Games in Brunei...

Postscript to a popular festivity of democracy

Postscript to a popular festivity of democracyBy Marianus Kleden KUPANG, East Nusa Tenggara (JP): The bloodshed feared by many analysts and by the public did not become a reality during the last political campaign.

Timor Gap Treaty seen 'intact on Timor vote'

Timor Gap Treaty seen 'intact on Timor vote' DARWIN, Australia (Dow Jones): The outcome of East Timor's autonomy vote in August likely will have little impact on the Timor Gap Treaty between Australia and Indonesia, an Australian official said Monday.

To be masters or slaves of power?

To be masters or slaves of power?By Mochtar Buchori JAKARTA (JP): After we succeeded in carrying out a fairly honest general election in a peaceful manner, and managed to reduce the cumbersome number of political parties to a realistic level, do we still need political education?Most observers say...

Parties divided on ballot process

Parties divided on ballot process JAKARTA (JP): While party executives agree a one vote per legislator mechanism would be best for the upcoming presidential election, they expressed differences on Tuesday over whether voting should be discreet or open.

PAN supporters veto Golkar deal

PAN supporters veto Golkar deal SEMARANG: Thousands of National Mandate Party (PAN) supporters in the province have threatened to switch allegiances if leader Amien Rais accepts offers to form a coalition with Golkar.

Hotel shooting still a mystery

Hotel shooting still a mystery JAKARTA (JP): North Jakarta Police detectives are baffled by late Sunday's shooting that shattered the glass entrance doors of three-star Hotel Ancol on Jl. R.E. Martadinata.

Foreign firms set to buy Bali hotels

Foreign firms set to buy Bali hotels JAKARTA (JP): Eight foreign institutional investors and hotel operators are currently involved in active negotiations to acquire hotels in Bali, a hotel property consultant said.

Kontras accuses military of falsifying Aceh reports

Kontras accuses military of falsifying Aceh reports JAKARTA (JP): A human rights group said on Tuesday the military released misleading information about recent unrest in Aceh, including that separatists terrorized residents into fleeing their homes.

Rupiah breaks 7,000 against U.S. dollar

Rupiah breaks 7,000 against U.S. dollar JAKARTA (JP): The rupiah continued to gain ground against the U.S. dollar on Tuesday, passing the crucial 7,000 psychological level for the first time since early February of last year on signs of improvement in the country's economic fundamentals.