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

Misfortune never comes alone

Misfortune never comes alone During my spare time, I muse over the past, present and future of our daily life. In the pre-July 1997 era, it seems to me that life was good, everything was plain sailing. Then came the debacle of the exchange value of the rupiah against the U.S. dollar.

Washington has no qualms on Sintong's appointment

Washington has no qualms on Sintong's appointment WASHINGTON (Agencies): Indonesian President B.J. Habibie's decision to appoint a retired general who oversaw troops that killed protesters in East Timor to a top advisory position will not harm Indonesia's relations with the United States, AP...

G-7, Asia tell Japan to swiftly fix economy

G-7, Asia tell Japan to swiftly fix economy TOKYO (Agencies): Top financial officials from the Group of Seven (G-7) nations and Asia on Saturday turned up the heat on Japan to boost its flagging economy saying concrete action was "urgently needed".

ADB praises Japan's overtures to Asia

ADB praises Japan's overtures to Asia TOKYO (Reuters): A senior official from the Asian Development Bank said "excellent signals" were sent from Japan at Saturday's meeting of finance officials from the Group of Seven (G-7) and Asian nations.

At 471, Jakarta turns a black page in its history

At 471, Jakarta turns a black page in its history JAKARTA (JP): The accent is on the subdued as the city marks its 471st anniversary today. Despite the absence of grand celebrations, the annual Jakarta Fair -- a mainstay of the anniversary's commemoration -- will go on even despite a postponement...

Yen loans to RI eased

Yen loans to RI eased TOKYO (Dow Jones): Japan will reduce the interest rate on yen loans to Indonesia to help ease liquidity pressures on the Southeast Asian country, government officials said in the Nihon Keizai Shimbun's Sunday edition.

TV today

TV todayTVRI 12:05 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:35 TV Series: The Big Valley 3:05 Talk Show: Sebaiknya Anda Tahu 3:30 TV Drama: Hari Pertama 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Indonesian Lessons 5:30 Education Quiz: Tangkas Cermat 6:00 News: Lintasan...

Police say Hindoro's death an accident

Police say Hindoro's death an accident JAKARTA (JP): The city police announced Saturday it believed the death of former Bank Perniagaan commissioner Hindoro Budianto, 52, was purely an accident.The deputy chief of the city police detective unit, Lt. Col.

Training for Irian tribes

Training for Irian tribes FAKFAK, Irian Jaya: Experts from Cendrawasih University in Irian Jaya have joined the provincial administration in implementing a training program to improve the skills of tribespeople in the regency.

RI economy shows progress: Fisher

RI economy shows progress: Fisher SAO PAULO (Agencies): Indonesia, which has been the hardest hit during the most recent wave of the Asian crisis, is showing promising progress, IMF's First Deputy Managing Director Stanley Fischer said over the weekend.

Bogor farmers deny land dispute

Bogor farmers deny land dispute BOGOR (JP): Some 100 people claiming to be Rancamaya residents staged a sit-in on the street near 257 hectares of disputed land on Saturday, objecting to a protest by another group.

Prointegration leader backs referendum

Prointegration leader backs referendum JAKARTA (JP): A Portugal-based East Timorese leader who supports the territory's integration into Indonesia believes Jakarta should have nothing to fear from a referendum in the former Portuguese colony.

Deutsche giant eyes TOT

Deutsche giant eyes TOT BANGKOK (DPA): Deutsche Telecom and several other foreign communications giants have expressed a keen interest in gaining a stake in the Telephone Organization of Thailand (TOT) -- a state monoply, reports said Saturday.

Thailand, RI hold talks on rice deal

Thailand, RI hold talks on rice deal BANGKOK (Reuters): Thailand is holding talks to export 500,000 tons of rice to Indonesia in 1998 under a barter deal to help the nation feed its people as they try to cope with a crippling financial crisis, a newspaper said on Saturday.

PLN office extends bill deadline

PLN office extends bill deadline YOGYAKARTA: The Yogyakarta branch office of state-owned electricity company PT PLN has extended the deadline for the payment of May bills from June 20 to June 30.Local PLN office head Isharmanto made the decision after holding a hearing with the provincial council...

Shoemaker mulls court's decision

Shoemaker mulls court's decision JAKARTA (JP): A shoe company producing Nike footwear is considering whether to meet the demands of 19 former employees who a court awarded compensation and instructed the company to reemploy, a company executive said.

Malaysia seeks $700m loan

Malaysia seeks $700m loan KUALA LUMPUR (Dow Jones): Malaysian Prime Minister Mahathir Mohamad has said the country is seeking a further $700 million in funding from the World Bank, local newspapers reported yesterday."We need a lot of money to kickstart the economy... $700 million, maybe $1 billion.

Dormant trading likely to stay on local market

Dormant trading likely to stay on local market JAKARTA (JP): Trading activities in the country's paralyzed stock market will remain lethargic this week with the benchmark price index likely to sink further below the key-400 point level again, stock analysts and brokers have said.

Ex-convict denies instigating riots

Ex-convict denies instigating riots JAKARTA (JP): An ex-convict has denied an allegation made by security forces that he was one of the organizers of the violent mid-May riots, which claimed thousands of lives and caused huge material losses.

Humans move in in fume mystery

Humans move in in fume mystery BANGKOK (AP): Human "sniffers" will be employed where technology has failed to trace the source of toxic fumes plaguing a school in Thailand's Eastern Seaboard industrial area, a newspaper reported yesterday.

Residents protest reopening of hotel

Residents protest reopening of hotel TANGERANG (JP): About 200 residents of Kadu village in Curug district stormed Transelindo Hotel here Thursday, protesting the management's plan to reopen the hotel after it was damaged during the May 14 riot.

Policy on bank capital falls short: Analysts

Policy on bank capital falls short: Analysts JAKARTA (JP): The government's decision to ease bank capital requirements will not be enough to solve the country's banking problem, analysts say.Pande Raja Silalahi, an economist at the Centre for Strategic and International Studies (CSIS), said...

Beware of the old forces

Beware of the old forces Sometimes it seems we are perpetually kept in the game of guessing who said what and why they said it.When the Armed Forces (ABRI) warned the nation on Friday against a possible comeback of "old political forces", every thinking Indonesian could easily understand that the...

Mahathir says he is 'relieved' by Anwar's support

Mahathir says he is 'relieved' by Anwar's support KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad said yesterday that he was "relieved" after hearing a pledge of support at a party convention by his deputy and appointed successor, Anwar Ibrahim.

Minister Akbar installs new inspectors for Habibie

Minister Akbar installs new inspectors for Habibie JAKARTA (JP): Minister/State Secretary Akbar Tandjung has installed four inspectors-general for development and has asked that they all report to him before going to President B.J. Habibie.

Italian arrested

Italian arrested JAKARTA (JP): Central Jakarta Police have arrested a 35-year- old Italian national for allegedly passing off counterfeit American dollars to a local trader.Central Jakarta Police chief Lt. Col.

SMF denies accusations of fraudulence

SMF denies accusations of fraudulence JAKARTA (JP): The publicly listed multifinance firm PT Sinar Mas Multifinance (SMF) has denied allegations that its president, and the vice president of brokerage firm PT Layang Mega Securities (LMS), were involved in a massive fictitious share transaction...

Analysts say strip Soeharto's 'powers'

Analysts say strip Soeharto's 'powers' JAKARTA (JP): Political observers have recommended the prompt removal of any political and economic powers that former president Soeharto might still have, including in the ruling Golkar political organization, to prevent him from making a political comeback.

Heidelberger's cement bid

Heidelberger's cement bid JAKARTA (JP): Germany's cement producer Heidelberger Zement AG has not submitted its bid proposal for part of the government's 65 percent stake in the publicly listed cement producer PT Semen Gresik, according to the office of the state minister of empowerment of state...

RI nets $4.6m in orders

RI nets $4.6m in orders JAKARTA (JP): Indonesian fisheries have received orders worth US$4.6 million during their participation in the Fish'98 Int'l and Sea Food Europe held in Germany recently.The National Agency for Export Development said over the weekend the orders came from European countries,...

Riots tell of need for a learning society

Riots tell of need for a learning societyBy Iwan Pranoto BANDUNG (JP): The chaos in Jakarta and Surakarta several weeks ago cannot be erased easily from memory. It was so terrible.Most of the victims were Indonesian citizens of Chinese descent. They were mobbed and tortured.

Official in hot water over protest

Official in hot water over protest AMBON, Maluku: Maluku Governor M. Saleh Latuconsina has said he would discipline a provincial official who allegedly helped organize a protest march on the Tual council on Wednesday.

Poor private schools likely to face difficult times

Poor private schools likely to face difficult timesBy Stevie Emilia JAKARTA (JP): Haryadi was unhappy when the government announced two weeks ago the abolition of tuition fees at state schools.It is easy to understand his disappointment. His two children are both studying at private schools.

Reforestation funds rerouted to other uses

Reforestation funds rerouted to other usesBy Sylvia Gratia MN JAKARTA (JP): The government has raised trillions of rupiah in reforestation funds to finance the country's reforestation projects, but much of the money has been rerouted to other uses.

KPC plans to sell part of its shares

KPC plans to sell part of its shares JAKARTA (JP): PT Kaltim Prima Coal (KPC) has no choice but to sell part of its shares through private placement to fulfill a mandatory divestment program, a senior official has said.

Govt urged to scrap decrees on Sukarno

Govt urged to scrap decrees on Sukarno JAKARTA (JP): The children of the late Sukarno, the country's independence proclamator and first president, is calling on the government to revoke two 30-year-old decrees which slapped their father with the stigma of being a "political detainee".

Small and medium firms want debt rescheduling

Small and medium firms want debt rescheduling JAKARTA (JP): A group of small and medium-scale businesses under the Reformed Entrepreneurs Forum (FPR) has agreed to form a committee to resolve their unpaid matured debts to domestic banks.

Fuel consumption rises

Fuel consumption rises JAKARTA (JP): The country's fuel consumption rose by 4 percent this month despite an increase in fuel prices by between 25 percent and 71 percent, Minister of Mines and Energy Kuntoro Mangkusubroto announced.

Openness key to killing rumors

Openness key to killing rumorsBy Mochtar Buchori JAKARTA (JP): Armed Forces Commander Gen. Wiranto made an appeal to the public recently not to believe the rumors that have been making the rounds in society.

Forbes lists Soeharto as billionaire with US$4b

Forbes lists Soeharto as billionaire with US$4b NEW YORK (AP): Microsoft's chairman Bill Gates topped Forbes magazine's rankings of the world's richest billionaires for the fourth straight year, as his net worth jumped 40 percent from a year ago to US$ 51 billion.

Wildlife, rich culture lure tourists to Ndana Island

Wildlife, rich culture lure tourists to Ndana IslandBy Yacob Herin NDANA ISLAND, East Nusa Tenggara (JP): Deer, turtles, bats, pigeons, and pelicans are the main inhabitants of this island, south of Rote in the Kupang regency.

Silent Song reveals the making of a writer

Silent Song reveals the making of a writer Nyanyi Sunyi Seorang Bisu 2, Catatan-catatan dari Pulau Buru (The Silent Song of a Mute 2, Notes from Buru Island); By Pramoedya Ananta Toer; Lentera, Jakarta, February 1997; xviii + 259 pp.

Ray of Hope

Ray of HopeBy Elan Mufti For the 39-year-old Hendra Tjahjadi, his dream of extending the Cahaya Watch Shop went up in smoke along with what was left of his shop after the fire. The aftermath of the May 14 riot was too much of a disaster for him.

Yeni: Breaking the taboos

Yeni: Breaking the taboosBy Ati Nurbaiti JAKARTA (JP): Politics is taking up so much of her time. But everyone needs a job. And Yeni Rosa Damayanti, an activist who has just returned for an unplanned stay for safety's sake in the Netherlands, had wanted to take up portrait painting.

Do your chairs need reform?

Do your chairs need reform? JAKARTA (JP): The phrase 'We care about freedom' (Kami Peduli Kebebasan) was splashed in the June 8 edition of Kompas daily. However, if you think that those words have something to do with the greater freedom demanded by student demonstrators as part of their demands...

Looting

LootingFrom KompasThe concern the government feels over the recent incidents of looting is so deep that on Sunday, May 17, 1998, a number of ministers took the time to explain to the public that the looting, which occurred as a result of a demand for reform, which was echoed by university students,...

Guess What? Bernard Kalb

Guess What? Bernard Kalb Any foreigner who uses Bung (brother) to address an Indonesian is likely to have spent a great deal of time in Indonesia in the 1950s, when the term was widely used by government officials and fellow freedom fighters to refer to one another.

Racial unrest: Results of political and cultural alienation

Racial unrest: Results of political and cultural alienationBy Amir Sidharta JAKARTA (JP): Last month's massive riots saw thousands of buildings damaged or burned by looters and hundreds of people killed, injured, raped or sexually harassed.

Security forces deployed in capital to assure public

Security forces deployed in capital to assure public JAKARTA (JP): The heavy presence of security forces at many shopping centers, office buildings and on the streets yesterday was a deliberate attempt to assure people that the capital is safe, officials said.

Simpler distribution system crucial for stable food prices

Simpler distribution system crucial for stable food pricesBy Budiman Moerdijat and Devi M. Asmarani JAKARTA (JP): Yanti has never felt the need to understand economics, nor does she normally care about the inflation rate or the ups and downs of the rupiah.