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 1,299 articles

Barito reports fire

Barito reports fire JAKARTA (JP): Fire has damaged one of PT Barito Pacific Timber's wood mills on Mangole Island in Maluku, forcing its blockboard plant to cut production by 1,000 cubic meters a month.

Apartment business

Apartment business We welcome foreign investment in Indonesia. It will indeed create jobs, bring foreign currencies into Indonesia and improve trade, among other benefits.Therefore I would like to suggest that we should also permit foreigners and foreign companies (based in Indonesia) to purchase...

Intra-ASEAN trade grows

Intra-ASEAN trade grows MANILA (AFP): Trade among members of the Association of Southeast Asian Nations (ASEAN) is expected to grow further following Vietnam's entry, "pragmatic free market policies" and political stability, Philippine Trade Secretary Rizalino Navarro said yesterday.

Scholars group has no permit

Scholars group has no permit PURWOKERTO, Central Java: The newly-founded Association for Pancasila Development (PCPP) launched over the weekend has yet to obtain the official permit.Chief of the Banyumas socio-political office Lt. Col.

Higher toll fees?

Higher toll fees? Toll road fees in Indonesia are expected to go up, even though official word from the government has not been received. But from the proposal made by PT Citra Marga Nusaphala Persada (CMNP), the company which manages toll roads, such a conclusion can be drawn.

'Small banks need to merge with big banks for survival'

'Small banks need to merge with big banks for survival' JAKARTA (JP): Merging with larger banks will enable the country's small banks to face the fierce competition that may arise as a result of last week's World Trade Organization's financial pact.The president of Bank Nusa International, Bangun S.

Express train begins operation

Express train begins operation JAKARTA (JP): President Soeharto yesterday dedicated two sets of locally-built express train cars in connection with the 50th anniversary of Indonesia's independence.In a modest ceremony held at the Gambir railway station, Central Jakarta, Soeharto poured fresh water...

Suu Kyi questions ASEAN's policy

Suu Kyi questions ASEAN's policy BANGKOK (Reuter): Myanmar's opposition leader Aung San Suu Kyi questioned the effectiveness of Southeast Asia's "constructive engagement" policy toward Myanmar, and called on neighboring countries to help promote democracy in Myanmar, The Nation newspaper reported...

Nominees to ensure fair rights share disbursing

Nominees to ensure fair rights share disbursing JAKARTA (JP): Stock dealers and analysts have asked the Capital Market Supervisory Agency to allow foreign investors to use nominees in order to prevent unfair distribution of rights shares in the future.

Daewoo, Austrade to support refinery in East Java

Daewoo, Austrade to support refinery in East Java JAKARTA (JP): PT Asia Pacific Petroleum, a company controlled by Bambang Trihatmodjo, Daewoo Corporation of South Korea and Austrade of Australia have agreed to build a US$1.5 billion oil refinery in Situbondo, East Java, an executive said yesterday.

Sale of old stamps and currencies

Sale of old stamps and currencies JAKARTA (JP): A local trader will auction old bank notes, stamps and also phone cards for three days starting Friday at the Hilton's Cempaka Room."I am holding the auction as part of my participation in the celebration of the 50th Anniversary of Indonesia," N.P.

W. Sumatra needs more teachers

W. Sumatra needs more teachers PADANG, West Sumatra: The local office of the Ministry of Education and Culture said West Sumatra needs 6,527 more primary school teachers, including 5,889 to teach religion.

Let political exiles return home: Scholar

Let political exiles return home: Scholar JAKARTA (JP): Vocal scholar Arief Budiman has called for the government to allow the many overseas Indonesian political exiles linked to the 1965 abortive Communist coup to return home.

Govt hoped to raise toll road rates soon

Govt hoped to raise toll road rates soon JAKARTA (JP): PT Citra Marga Nusaphala Persada, a publicly listed tollway construction company controlled by business woman Siti Hardiyanti Rukmana, is expecting the government to announce new toll road rates in the next two months.

Bira almost doubles profit

Bira almost doubles profit JAKARTA (JP): The publicly-listed Bank Bira yesterday announced a net profit of Rp 13.35 billion (US$5.6 million) for the first six months of this year, up by 95 percent from the same period of last year.

Celebrations focus on meaning of independence

Celebrations focus on meaning of independence JAKARTA (JP): For the remainder of the year, Indonesians will engage in a multitude of 50th anniversary activities with nationhood and the Pancasila ideology as themes.

New intellectual group founded

New intellectual group founded PURWOKERTO, Central Java (JP): A new organization of intellectuals, calling itself the Association of Intellectuals for Pancasila Development (PCPP), was launched on the weekend.

Small brawl leads to death of three men in E. Jakarta

Small brawl leads to death of three men in E. Jakarta JAKARTA (JP): Police said yesterday that Saturday's fatal clash between an army corporal and three civilians, which resulted in the death of three people including the corporal, was probably caused by a minor incident.Police spokesman Lt. Col.

Australia, NZ excluded from Asia-Euro meet

Australia, NZ excluded from Asia-Euro meet BANDAR SERI BEGAWAN (AFP): Asian nations preparing for a summit with Europe in early 1996 agreed yesterday to exclude Australia and New Zealand despite Japan's lobbying for the two to be taken aboard, officials said.

Searching for a balance between oral and written cultures

Searching for a balance between oral and written culturesBy Mochtar Buchori JAKARTA (JP): In his article in The Jakarta Post, July 26, 1995, Harvey Stockwin refuted the charge that ASEAN is "nothing more than a talking shop wherein words are plentiful but substantive achievements are much less...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 31, 1995: Trading Shares Close Change Volume ------------------------------------------------------------------- Ades Alfindo 2,300 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 2,100 75 388,000...

Indonesia's Nugroho takes over UNSC chairmanship

Indonesia's Nugroho takes over UNSC chairmanship JAKARTA (JP): Indonesia's senior diplomat Nugroho Wisnumurti officially takes over the chairmanship of the powerful United Nations Security Council today, with a plateful of controversial and complex issues on the agenda, ranging from the Bosnian...

Private firms, PAM Jaya to work together

Private firms, PAM Jaya to work together JAKARTA (JP): City-owned water company PAM Jaya will sign a cooperation agreement with two local companies to expand and manage tap water distribution in the city, Minister of Public Works Radinal Moochtar said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m.

Traffic operation launched to round up violators

Traffic operation launched to round up violators JAKARTA (JP): City Police start a massive operation against traffic violators in and around the capital today.During the operation, scheduled to last 60 days, a total of 1,823 police personnel, accompanied by personnel from various institutions, will...

Arrows aim for peace in archery meet

Arrows aim for peace in archery meetBy Arief Suryobuwono JAKARTA (JP): Arrows can harbinger enmity, but can also herald reconciliation.The run-up to the 38th World Archery Championships here was marked with a diplomatic dispute over the participation of Israel and Portugal, two countries which have...

Jakarta will host world volleyball

Jakarta will host world volleyball JAKARTA (JP): Women's volleyball teams from Cuba, Russia, China and South Korea will resume their rivalry in the fourth leg of this year's US$2 million World Volleyball Grand Prix scheduled for Aug. 25 to Aug. 27 at the Senayan indoor stadium.

Indosat offers discounts

Indosat offers discounts JAKARTA (JP): PT Indosat, the state-owned international telecommunications operator, will offer discounts on calls made on Aug. 12 through Aug. 19 in connection with Indonesia's golden anniversary which falls on Aug. 17.

Government won't fully open local property market

Government won't fully open local property market JAKARTA (JP): State Minister of Public Housing Akbar Tandjung rejected demands from housing developers yesterday to fully open the local property market to foreigners, which they argue would bolster today's sagging market.

House owners given ultimatum

House owners given ultimatum MEDAN, North Sumatra: The city administration has issued an ultimatum to homeowners along Medan's main roads to repaint their houses white, as part of the celebration to mark Indonesia's 50th independence anniversary, or face prosecution.

RI must develop software to progress

RI must develop software to progress JAKARTA (JP): To obtain licenses in developing computer software in Indonesia is the key of success in dealing with the business, Chairman of the Indonesian Computer Software Association Achmad Firwany said yesterday."The U.S.

Bintang's witnesses approved

Bintang's witnesses approved JAKARTA (JP): The police will allow three Indonesian students studying in Berlin to testify on the behalf of politician Sri Bintang Pamungkas, who faces charges of insulting President Soeharto during his visit to Germany in April.

A lesson for Abdurrahman

A lesson for Abdurrahman As reported in The Jakarta Post July 28, 1995, Mr. Abdurrahman Wahid, the Chairman of the 30-million-strong Moslem Nahdlatul Ulama organization, was at his controversial best, again.

A step forward

A step forward Elsewhere in this newspaper can be found a report on the inauguration yesterday by President Soeharto of two new railroad services linking Indonesia's capital city with the provincial capitals of East Java and West Java.

TV today

TV todayTVRI 2:35 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 TV Series: Willing And Abel 4:30 Sports 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Teachings 7:00 Evening News 7:30 Talk Show: Wawasan 8:05 Traditional Drama...

Crime-fighting operations to be stepped up nationwide

Crime-fighting operations to be stepped up nationwide JAKARTA (JP): In response to the rising crime rate, the government promised yesterday to intensify its fight against crime and called on the public to cooperate.Minister of Defense and Security Gen. (ret.

Silk-screen factory faulted for pollution

Silk-screen factory faulted for pollution JAKARTA (JP): A delegation of Rawa Buaya residents, West Jakarta, went to the City Council yesterday to protest the operation of a silk-screen factory which allegedly pollutes the nearby areas.

Courtesy needed at embassy

Courtesy needed at embassy Many of us Indonesians, at one point or another, have experienced having to deal with foreign embassies in Jakarta. It is really interesting, especially in the Visa Section, where interaction is mainly through Indonesian staff working for the embassy.

Two killed in road crash

Two killed in road crash PURWOKERTO, Central Java: Two people were killed and four others injured in the early hours of Saturday when a train slammed into a truck on a railway crossing at Karanggandul near here.The two victims were passengers of the truck.

Komselindo sets aside $40m for expansion

Komselindo sets aside $40m for expansion JAKARTA (JP): PT Komunikasi Selular Indonesia (Komselindo), a new private cellular telecommunications operator, has allocated an investment of Rp 90 billion (US$40.14 million) for the expansion of its cellular telecommunications business.

Cement firm halts operation

Cement firm halts operation JAKARTA (JP): PT Semen Andalas Indonesia, a cement firm in Aceh, stopped its production activities for nine days, from July 20 through July 29, due to an abundance of cement stored in its warehouses.

Garuda needs stewardesses

Garuda needs stewardesses JAKARTA (JP): Indonesia's flag carrier, Garuda Indonesia, is inviting former stewardesses to become temporary cabin crew during next year's pilgrimage flights, a company official said.

Damage caused by riots only slight, official says

Damage caused by riots only slight, official says JAKARTA (JP): The riots that marred the Indonesian soccer league championship final between Persib Bandung and Petrokimia Putra on Sunday are expected to cost the organizers a considerable sum, but an official says the damage caused was tolerable.

Businessmen oppose sales regulation

Businessmen oppose sales regulation JAKARTA (JP): The Indonesian Retailers Association expressed yesterday strong opposition to a suggestion from a group of store-owners, called AP3I, that the government regulate sales to prevent a price war among retailers.

Bank Pelita posts profit

Bank Pelita posts profit JAKARTA (JP): Bank Pelita, which has been taken over by the Djojohadikusumos, announced yesterday an increase of its before- tax profit to Rp 575 million (US$257,000) for the first semester of this year from Rp 417 million for the entire year of 1994.

Cadets expelled for cheating

Cadets expelled for cheating MAGELANG, Central Java: The Military Academy has dishonorably expelled 11 first- and second-year cadets after learning that they had forged the mark in their high school diplomas when they enrolled.

RI ships waste back to Holland

RI ships waste back to Holland JAKARTA (JP): Seventy-five containers of hazardous waste piling up unclaimed in the Tanjung Priok port since 1993 was finally shipped back to the Netherlands by the Indonesian government yesterday.

RI, Japan concerned with nuclear tests

RI, Japan concerned with nuclear testsBy Oei Eng Goan BANDAR SERI BEGAWAN (JP): Indonesia and Japan share common a concern on the violation of non-Nuclear Proliferation Treaty by signatory countries and called on the nuclear-power countries to move towards the cessation of their tests.

Severe sentences sought for Beng Seng's killers

Severe sentences sought for Beng Seng's killers JAKARTA (JP): The prosecutor has demanded that the two defendants on trial at the North Jakarta District Court for killing a business tycoon be sentenced to life and 21 years in prison respectively.