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 1,434 articles

Ericsson opens new outlet

Ericsson opens new outlet JAKARTA (JP): Ericsson Indonesia opened on Wednesday a Ericsson Authorized Sales and Service Center at the electronic and handset trade center at ITC Roxy Mas.Ericsson Indonesia director Susanto Sosilo said the opening of the outlet was expected to encourage customers to...

Rupiah falls over 5% in panic selling

Rupiah falls over 5% in panic selling JAKARTA (JP): The rupiah plunged over 5 percent to the U.S. dollar on Wednesday as panic selling sent the Indonesian currency to a two-month low.Foreign currency dealers said the rupiah closed at its two- month low of Rp 7,770 to the American greenback from the...

Our traditional arts

Our traditional arts Traditional arts face the challenge of globalization. That topic -- one of several discussed at a seminar organized to coincide with the seventh wayang festival in Jakarta -- is a subject worth pondering.

Children exposed to puppet show in Wayang Week

Children exposed to puppet show in Wayang WeekBy Stevie Emilia JAKARTA (JP): Still clad in their uniforms, a number of elementary school students attentively watched the stage as a puppeteer told an entertaining story about the adventures of Si Kancil (Deer Mouse).

Three more people killed as Ambon violence continues

Three more people killed as Ambon violence continues JAKARTA (JP): At least three more people were killed and 10 injured as clashes between Muslims and Christians in the riot- torn Maluku capital of Ambon entered their third day on Wednesday, witnesses and a police spokesman said.

Qantas offers free tickets

Qantas offers free tickets JAKARTA (JP): Australian airline Qantas Airways is giving Indonesians a chance to win tickets from Jakarta to Sydney just by watching its award-winning television commercial, "I Still Call Australia Home", on RCTI and Indosiar private television stations.

Jazz artist George Benson to perform at Jakarta hotel

Jazz artist George Benson to perform at Jakarta hotel JAKARTA (JP): Jazz lovers craving a performance from a world- class artist can rejoice, for on Thursday evening they have the opportunity to see veteran jazz musician George Benson.That is if they have managed to secure tickets.

Telkom asked to heed new transmission ruling

Telkom asked to heed new transmission ruling JAKARTA (JP): Director General of Post and Telecommunications Sasmito Dirdjo said on Wednesday that PT Telkom no longer held the right to require cellular operators to use its transmission networks for domestic long distance (SLJJ) service.

Aussie govt opens scholarship scheme

Aussie govt opens scholarship scheme JAKARTA: The Minister of the Australian Embassy, Leslie Rowe, launched the Australian Government Scholarship program at a function at the Australian Ambassador's residence in Jakarta, on Wednesday.

Regulations on household help

Regulations on household help The media frequently reports on household help who have had saddening experiences in their employment both abroad and at home. Such experiences have included maltreatment, rape and murder by their employers, unpaid salaries, low wages, long working hours, no insurance,...

Measures mulled for after Aug. 30

Measures mulled for after Aug. 30 JAKARTA (JP): Minister of Foreign Affairs Ali Alatas met with visiting United Nations (UN) special envoy Jamsheed Marker on Wednesday to discuss the period after the direct ballot in East Timor, which UN Secretary-General Kofi Annan described as delicate.

Malaysia nears Thailand in quest for gold

Malaysia nears Thailand in quest for goldBy Primastuti Handayani and Ivy Susanti BANDAR SERI BEGAWAN (JP): Thailand moved back on top of the medal tally with a seven-gold haul from its track and field team on the fourth day of competition at the 20th Southeast Asian (SEA) Games.

Tommy shifts blame to Goro executive

Tommy shifts blame to Goro executive JAKARTA (JP): Hutomo "Tommy" Mandala Putra, former president commissioner of wholesale company PT Goro Batara Sakti, claimed on Wednesday that he held no responsibility in the controversial land exchange deal between the firm and the State Logistics Agency...

Taufan unsure of future despite sport victories

Taufan unsure of future despite sport victories BANDAR SERI BEGAWAN (JP): Vigor and confidence help Indonesian karateka Arif Taufan Syamsuddin excel in sports, but the bank clerk remains doubtful over his future when it comes to his job career.

PLN renews calls on Paiton to lower power prices

PLN renews calls on Paiton to lower power prices JAKARTA (JP): State-owned electricity company PT PLN renewed calls on developers of the Paiton power plants in East Java on Wednesday to lower prices of their power supplies, accusing them of mark-up practices.

Vendors called up for civil defense task force

Vendors called up for civil defense task force JAKARTA (JP): Due to limited personnel, the Central Jakarta Mayoralty has recruited vendors from Tanah Abang market and neighborhood residents to help regulate traffic and keep peace and order in the business vicinity.

Cancer diagnoses increase in RI

Cancer diagnoses increase in RI KUTA, Bali: Poverty and an unawareness of the need for early detection are the two main obstacles to the government's campaign against cancer, an expert said recently at an international conference of the Asian Clinical Oncology Society.

Muslim parties protest PPI over vote sharing

Muslim parties protest PPI over vote sharing JAKARTA (JP): The National Elections Committee (PPI) again postponed the allocation of seats from the June 7 poll due to a row over a vote-sharing deal involving eight Muslim-based parties.

Pole-vault champion Nunung aims to soar to new heights

Pole-vault champion Nunung aims to soar to new heights BANDAR SERI BEGAWAN (JP): Indonesia's Nunung Jayadi may be the new record holder for the pole vault in the Southeast Asian Games, but he came up short of earning a place in the 2002 Asian Games.He will have to clear 5.

Bounce out of rubber exports

Bounce out of rubber exports JAKARTA (JP): The Indonesian Rubber Producers Association (Gapkindo) is predicting minor growth in exports this year to 1.65 million tons from to 1.64 million in 1998, Antara reported.Gapkindo chairman A.F.S.

Muslims want autonomy, Islamic law for Aceh

Muslims want autonomy, Islamic law for Aceh JAKARTA (JP): Hundreds of Muslim activists held two separate rallies here on Wednesday demanding autonomy and Islamic law for Aceh, and the withdrawal of troops from the restive province.

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Photo Exhibition: by Michel Semeniako (French), at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., until Aug. 31.Seminar * Works of French artist Michel Semeniako, at Petra Christian University, Jl.

Forex reserves up to US$16.21 billion

Forex reserves up to US$16.21 billion JAKARTA (JP): Indonesia's net foreign exchange reserves increased slightly, by US$99.7 million to $16.21 billion, in the week ending on Aug. 6, from $16.11 billion the previous week.

Bank Bali's rating affirmed

Bank Bali's rating affirmed JAKARTA (JP): Rating agency Standard & Poor's affirmed on Wednesday the CCC public information rating on Bank Bali following the announcement by the Indonesian Bank Restructuring Agency (IBRA) that the bank would be recapitalized in the last quarter of the year.

Major Asian stock markets close sharply lower, Tokyo up

Major Asian stock markets close sharply lower, Tokyo up HONG KONG (AP): Most Asian stock markets ended sharply lower Wednesday, although shares in Tokyo, the region's largest exchange, edged up slightly.Japan's benchmark 225-issue Nikkei Stock Average gained a scant 9.07 points, or 0.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 11, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 475 -25 2,500 AHAP Insurance 525 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 250 -25 70,000 Alumindo...

Housewife says pot was for cooking

Housewife says pot was for cooking TANGERANG (JP): A housewife was arrested for growing 10 marijuana plants in four pots in her yard at Binong housing complex in Curug district here on Wednesday, police said.The well-tended plants, which were about 1.

Golkar likely to support Amien's alliance

Golkar likely to support Amien's alliance JAKARTA (JP): Amien Rais reiterated on Wednesday his support of Abdurrahman Wahid as the presidential candidate of the alliance of Muslim-based parties, the so-called "axis force", which looked set to win the support of the ruling Golkar Party as well.

Economic ministers urged to resign

Economic ministers urged to resign JAKARTA (JP): Indonesia's economic and financial ministers are under increasing pressure to resign for their implication in the high profile US$70 million Bank Bali scandal.Popular opposition leader Amien Rais urged on Wednesday President B.J.

WFP offers cheap rice to help urban poor people

WFP offers cheap rice to help urban poor people JAKARTA (JP): The government in cooperation with the World Food Program (WFP) launched on Wednesday a new program to help urban poor people most vulnerable to food shortages by selling them rice at 40 percent of the market price.

Man mobbed to death

Man mobbed to death JAKARTA (JP): Residents in Semanan, Kalideres subdistrict, West Jakarta, mobbed a stranger to death on Tuesday after a local pointed out the victim and yelled "thief", a police officer said on Wednesday.Chief of the West Jakarta police precinct Lt. Col.

Councilor queries surplus budget use

Councilor queries surplus budget use JAKARTA (JP): A senior councilor questioned on Wednesday the use of the Rp 822 billion (US$114.2 million) surplus from the 1998/1999 city budget by city-owned Bank DKI.

Open debate on Bank Bali

Open debate on Bank BaliFrom Media IndonesiaThe management of the Indonesian Bank Restructuring Agency (IBRA) received its mandate from the people. Its role is to manage the state's assets acquired from problem-embroiled banks, including banks whose operations have been suspended and banks taken...

SEA Games results

SEA Games resultsAthleticsMen20km walk: 1. Narinder Singh Harbans (Mas) 1hr 33min 47.87sec, 2. Teoh Boon Lim (Mas) 1:35:11.79, 3. Sakchai Samutkao (Tha) 1:37:18.055,000m: 1. Ramachandran Murusamy (Mas) 14min 24.80sec, 2. Eduardus Nabunome (Ina) 14:42.82, 3. Eduardo Buenavista (Phi) 14:45.

Plainclothes police shoot alleged side mirror thief

Plainclothes police shoot alleged side mirror thief JAKARTA (JP): A young man was shot dead by Kebayoran Baru plainclothes police late on Tuesday after he was allegedly caught attempting to steal the side mirrors from a car stopped at traffic lights in South Jakarta.

Indonesia's karatekas fill SEA Games target

Indonesia's karatekas fill SEA Games target BANDAR SERI BEGAWAN (JP): Karateka Novilus Tedius Yoku won the prestigious men's open class on Wednesday to help Indonesia meet its target of seven karate gold medals at the Southeast Asian (SEA) Games.

BI bent rules to save banks: Report

BI bent rules to save banks: Report JAKARTA (JP): Bank Indonesia's criteria for determining which of the country's troubled banks to save and which to shut were bypassed to accommodate allies of President B.J. Habibie, the Far Eastern Economic Review reports in its Aug. 19 issue.

Bang Ali backs city on Hilton issue

Bang Ali backs city on Hilton issue JAKARTA (JP): Former governor Ali Sadikin insisted on Tuesday that the land occupied by the Jakarta Hilton International in the exclusive Senayan area in South Jakarta belonged to the state.

Police anesthesia

Police anesthesia We have yet to see any sign in the Bank Bali affair that law enforcement authorities and officials have changed their insensitive attitude, and that they can see this scandal as a shameful crime. Police and prosecutors appear to be merely acting according to prescribed protocol.

Indonesia, neighbors to discuss forest fire problem

Indonesia, neighbors to discuss forest fire problem JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said on Wednesday Indonesia would soon hold a bilateral meeting with Malaysia and Brunei to discuss the forest fire problem.

Outgoing councilors ready for return to everyday life

Outgoing councilors ready for return to everyday life JAKARTA (JP): As construction workers spruce up offices for newly elected members of the City Council, outgoing councilors are packing their belongings and preparing themselves for the return to civilian life.

First Pacific approves Indofood acquisition

First Pacific approves Indofood acquisition HONG KONG (AFP): Shareholders in Hong Kong's First Pacific Co. Ltd. on Wednesday approved the acquisition of 40 percent of Indonesian food maker PT Indofood Sukses Makmur Tbk for US$621 million.

Nunung's gold shines in dim Indonesia's athletics showing

Nunung's gold shines in dim Indonesia's athletics showingBy Primastuti Handayani BANDAR SERI BEGAWAN (JP): Pole-vaulter Nunung Jayadi's record- breaking performance on Wednesday delivered Indonesia from its nightmarish showing in the Southeast Asian Games track and field competition.

Indonesia in transition: Some parting thoughts

Indonesia in transition: Some parting thoughtsBy J. Stapleton Roy This is the first of a two-part presentation by the outgoing U.S. Ambassador to Indonesia at the Indonesian Council on World Affairs (ICWA) in Jakarta on Wednesday. The second installment will appear on Friday.

Bali turtles face extinction

Bali turtles face extinction DENPASAR, Bali: A Hindu priest warned against unbridled hunting of turtles under the pretext of religious ceremonies. He said groups have been manipulating the rituals to poach the animal in large numbers.

Indonesia stumbles in SEA Games tae kwon do

Indonesia stumbles in SEA Games tae kwon do BANDAR SERI BEGAWAN (JP): Indonesia had a letdown in the Southeast Asian (SEA) Games tae kwon do event when no gold medals went into its coffers at the conclusion of the program on Wednesday.

Ansett to open new service

Ansett to open new service JAKARTA (JP): Ansett Australia has plans to link Denpasar and Broome, North West Australia, every Wednesday with 70-seat BAe 146-200 jet planes operated by Singapore Airlines under the global Star Alliance Network starting on March 29.

Medal tally

Medal tally G S B TotalThailand 42 30 37 109Malaysia 40 31 31 102Indonesia 32 30 38 100Singapore 11 14 29 54Vietnam 10 15 24 49Philippines 9 18 34 61Brunei 3 4 22 29Myanmar 2 8 7 17Laos 1 0 3 4Cambodia 0 0 0 0

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Aug.10, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,050.00 7,110.00 7,050.00 7,140.00Australian dollar 1 4,584.30 4,660.50 4,559.00 4,685.00Austrian schilling 1 545.56 554.95 - -Belgian franc 1 186.10 189.

IBRA urged to seek foreign auditors for Bank Bali scandal

IBRA urged to seek foreign auditors for Bank Bali scandal JAKARTA (JP): Chairman of the International Review Committee (IRC) Mar'ie Muhammad urged the Indonesian Bank Restructuring Agency (IBRA) on Tuesday to appoint an international auditor to validate its internal audit result on the alleged Bank...