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 1,610 articles

Soeharto formally charged with corruption

Soeharto formally charged with corruption JAKARTA (JP): Former president Soeharto was formally charged with corruption on Thursday following an exhaustive eight months of investigation.The Attorney General's Office handed over the case, including its jurisdiction to put Soeharto under house arrest,...

Murdered reporter case reopened

Murdered reporter case reopened YOGYAKARTA: Local police on Thursday started the process of requestioning 20 witnesses in the 1996 murder of local Bernas daily reporter Fuad Mohammad Syafruddin alias Udin.

Spatial planning needs proactive steps

Spatial planning needs proactive steps JAKARTA (JP): A central government official has urged the Jakarta administration and council to take proactive steps in ensuring suited implementation of city spatial planning ahead of regional autonomy.

S&P affirms double-C rating on Paiton

S&P affirms double-C rating on Paiton JAKARTA (Dow Jones): Standard & Poor's Corp. on Thursday affirmed its double-C rating on Paiton Energy Funding B.V.'s US$180 million senior secured bonds which are guaranteed by PT Paiton Energy Co.The outlook remains negative, the ratings agency said.

KL to step up war against piracy

KL to step up war against piracy KUALA LUMPUR (AP): Marine police have vowed to increase patrols along the Malacca Strait to snuff out bandit attacks in the busy sea channel, Malaysia's national news agency reported.

Indonesian TV cable industry gets much-awaited boost

Indonesian TV cable industry gets much-awaited boostBy Antariksawan Jusuf JAKARTA (JP): At this lethargic time when every economic actor is playing a wait-and-see game, Indonesia's cable industry got a much-awaited boost.

Exclusive right on geothermal resources lifted

Exclusive right on geothermal resources lifted JAKARTA (JP): The government has lifted the decade-long monopoly by state oil and gas company Pertamina on the country's geothermal resources and transferred the management of the resources to the regions.Under Presidential Decree No.

Government bans export of urea fertilizer

Government bans export of urea fertilizer JAKARTA (JP): The government has banned the export of urea to prevent a shortage of the fertilizer at home, especially with the start of the planting season in October.

Evacuation of villages begins following unrest

Evacuation of villages begins following unrest AMBON, Maluku (JP): Police and military personnel started to evacuate about 2,000 residents on Thursday from ravaged Waai village and the Salahutu hill area in Central Maluku regency following savage attacks earlier this week.

Astaga secures US$1.5m from new investor

Astaga secures US$1.5m from new investor JAKARTA (JP): The Astaga Group, parent company of news portal Astaga!com and Internet firm Indonesia Online, announced on Thursday it had obtained new funding worth US$1.5 million from its new investor Hong Kong-based financial firm Capital Z Asia.

Maj. Gen. Slamet installed as new city military commander

Maj. Gen. Slamet installed as new city military commander JAKARTA (JP): The capital received a new military commander on Wednesday when Maj. Gen. Ryamizard Ryacudu handed the post to his successor, Maj. Gen. Slamet Kirbiantoro.

Carrefour apologizes

Carrefour apologizes I refer to Angelina Putri's letter Taking note of prices at Carrefour published in The Jakarta Post on July 21, 2000. I would like to extend our sincerest apologies to you on behalf of all the management and staff of Carrefour for the unpleasant experience which happened to you...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 3, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 670 15 166,000 Adindo Foresta Indonesia 310 -5 246,000 Alakasa Industrindo 900 0 0 Alfa Retailindo 895...

AsiaOne, Asian Bourses tie up

AsiaOne, Asian Bourses tie up SINGAPORE (Dow Jones): SPH AsiaOne Ltd. said on Thursday it has established a strategic partnership with Asian Bourses Corp. Pte. Ltd. to develop a comprehensive investment and financial Internet portal.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Aug. 3, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,315.00 9,315.00 8,771.00 8,859.00Australian dollar 1 4,864.28 5,458.59 5,131.04 5,191.37Austrian schilling 1 553.09 620.29 583.42 589.

Rp 1.86b lawsuit against former boss

Rp 1.86b lawsuit against former boss JAKARTA (JP): Seventeen reporters filed a Rp 1.86 billion (US$209,700) lawsuit with the Central Jakarta District Court on Thursday against chief editor Robinson Pangaribuan of Moneter Indonesia business daily for firing them without severance pay and without...

JSX delays plans for delisting measure

JSX delays plans for delisting measure JAKARTA (JP): The Jakarta Stock Exchange (JSX) said on Thursday it had delayed until Sept. 12 plans to delist four companies.The four companies are PT Super Mitory Utama, PT Dharmala Sakti Sejahtera, PT Daya Guna Samudra and PT Bintuni Minaraya.

Get outside help

Get outside help The National Commission on Human Rights (Komnas HAM) is not the first organization to appeal to the government to seek outside help in ending the bloody sectarian conflict in Maluku. Given its strong reputation in mediation efforts as well as its neutrality in the conflict,...

Militiamen banned from entering MPR complex

Militiamen banned from entering MPR complex JAKARTA (JP): City police do not have the right to prevent Banser civilian militiamen from entering the city, however, they will take stern action if one illegally approaches the legislative complex during the Annual Session, a police officer said on...

Ministers to discuss free trade

Ministers to discuss free trade BANGKOK (AP): Economic ministers of the 10-member Association of Southeast Asian Nations will meet in Thailand during Oct. 2-7 to discuss issues including the group's plans for a free trade area, the state Thai News Agency reported on Thursday.

Wang retains lead by one shot at Olympic Golf meet

Wang retains lead by one shot at Olympic Golf meet JAKARTA (JP): Wang Ter Chiang of Chinese Taipei remained top of the scoreboard on Thursday after carding a two-under-par 70 for a seven-under 209 after three rounds of play at the Olympic Golf Championships at Rancamaya Golf and Country Club in...

Ambassador Caday denies knowledge about bomber

Ambassador Caday denies knowledge about bomber JAKARTA (JP): Philippine Ambassador Leonides T. Caday denied on Thursday saying he knew the people behind the devastating bomb in front of his house on Jl. Diponegoro in Central Jakarta.He was quoted by the Embassy consulate general, Narciso T.

Anton and Ismu to warm up in Indocement Cup open

Anton and Ismu to warm up in Indocement Cup open JAKARTA (JP): Men's table tennis players Anton Suseno and Ismu Harinto stayed low profile on their outside chance to win the fourth Indocement Cup open table tennis tournament.

MPR factions' accord quite a relief

MPR factions' accord quite a reliefFrom RepublikaThe accord of 11 factions of the People's Consultative Assembly (MPR) to curb tension among the national political elite, particularly in facing the annual MPR session, is a relief for the people at large.

Accountability speech needs 'clear criteria'

Accountability speech needs 'clear criteria' JAKARTA (JP): Experts and officials agreed on Thursday that councillors must establish a set of objective and valid criteria to assess the annual accountability speeches by regional administration heads.

Police arrest two men with fake banknotes

Police arrest two men with fake banknotes JAKARTA (JP): North Jakarta Police detectives arrested on Wednesday two men at a house on Jl. Kalibaru for possession of counterfeit money totaling Rp 5 million in new Rp 50,000 bills, an officer said on Thursday.North Jakarta Police detectives chief Asst.

Gus Dur: No ordinary father

Gus Dur: No ordinary fatherBy Yenny Zannuba Rahman JAKARTA (JP): He took me aside that night. I still remember the urgency in his voice. He told me gently, "please be prepared if I'm taken away." I nodded and did not say anything. I could not.

Sepang's F1 aims to lure nearly 4,000 Indonesians

Sepang's F1 aims to lure nearly 4,000 Indonesians JAKARTA (JP): Sepang International Circuit (SIC) Sdn. Bhd. is aiming to attract nearly 4,000 Indonesians to watch the final leg of the 2000 Formula 1 Grand Prix series in Malaysia in October.

Seeded players checked in selection tourney

Seeded players checked in selection tourney JAKARTA (JP): Three seeded men's players -- Grand Master (GM) Ardiansyah, GM Ruben Gunawana and International Master (IM) Danny Juswanto -- had a rough go of it on their first day of play at the 34th Chess Olympic Games national selection tournament on...

PDI-P opposes giving more power to MPR

PDI-P opposes giving more power to MPR JAKARTA (JP): A president should be allowed to serve his full five-year term in office without any interruptions, not even from the People's Consultative Assembly (MPR), the Indonesian Democratic Party of Struggle (PDI Perjuangan) said on Thursday.

Death demanded for alleged cocaine smuggler

Death demanded for alleged cocaine smuggler TANGERANG (JP): A prosecutor demanded the Tangerang District Court on Thursday sentence defendant Merika Franola, alias Ola, aged 30, to death and fine her Rp 1 billion (US$112,400) for allegedly attempting to smuggle cocaine and heroin out of Indonesia.

Most SOE commissioners inexperienced: Survey

Most SOE commissioners inexperienced: Survey JAKARTA (JP): More than 95 percent of commissioners at state- owned enterprises (SOE) are either senior government officials or military personal, according to a survey released here on Thursday.

Bonix, Juan win golds in 19th President's Cup

Bonix, Juan win golds in 19th President's Cup SANUR, Bali (JP): Indonesian boxers Bonix Saweho and Juan Saparipan won two gold medals for the country at the 19th President's Cup international amateur boxing tournament on Thursday.Albert Papilaya from Indonesia lost in the third round against R.

Telkomsel upgrades networks

Telkomsel upgrades networks JAKARTA (JP): Local cellular network operator Telkomsel has awarded U.S.-based telecommunications company Motorola a contract worth US$27 million to upgrade its nationwide GSM900 cellular network.

On illegal logging

On illegal logging Regarding your article on illegal logging in Tanjung Puting National Park (The Jakarta Post, July 27, 2000), we would like to correct two points.In a meeting with President Abdurrahman Wahid on July 25, 2000 the Environmental Investigation Agency (EIA) and Telapak Indonesia were...

Amendment to Constitution sparks criticism from experts

Amendment to Constitution sparks criticism from experts JAKARTA (JP): A noted constitutional expert has criticized the ongoing amendments being made by the People's Consultative Assembly (MPR) to the 1945 Constitution, saying the Assembly should form a new Constitution based on the current...

RI maid forced to drink bleach

RI maid forced to drink bleach KUALA LUMPUR (AFP): Malaysian police have arrested a housewife who allegedly forced her Indonesian maid to drink bleach after beating and scalding her, Bernama news agency said on Thursday.

BI plans to lure export earnings back home

BI plans to lure export earnings back home JAKARTA (JP): Bank Indonesia (BI) will provide exporters incentives to lure their billions of dollar earnings parked overseas back home, acting governor of the central bank Anwar Nasution said on Thursday.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Sculpture and Ceramic Exhibition Keanekaragaman Karsa dan Cipta, at Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta; Phone: 3154087; through August 12, 10 a.m. to 9 p.m.

Calls grow for int'l help in Maluku

Calls grow for int'l help in Maluku JAKARTA (JP): Calls for a foreign peacekeeping mission in the Maluku Islands grew here on Thursday following a National Commission on Human Rights (Komnas HAM) statement that the government should consider "international cooperation" to end the violence there.

Munir rues DPR's human rights stance

Munir rues DPR's human rights stance JAKARTA (JP): A combination of incompetence and legacies from past regimes are inhibiting the government from upholding the law and protecting human rights, a watchdog chairman said on Thursday.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 9:30 Interval 2:00 p.m. News 2:30 Cartoon 3:00 Documentary 4:00 News 5:30 TVRI News (in English) 6:30 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News 9:35 Music 10:30 NewsProgram 2 5:30 p.m.

Garuda's old 747's

Garuda's old 747's Recently Garuda put ads in your paper and others, expensive half-page, made by Matari advertising.This ad is surprisingly silly and detrimental to Garuda's image, since the focus is a photograph of an antique Boeing 747 of 17 or more years old, series 200.

President must be given chance to improve

President must be given chance to improve JAKARTA (JP): While calling for a tighter rein on President Abdurrahman Wahid due to his glaring flaws which have come to the fore in the past 10 months, scholars warned that replacing him now would be politically more costly to the nation.

Charity concert to promote the arts

Charity concert to promote the arts JAKARTA (JP): Noted pianist Ananda Sukarlan will perform a solo recital at the Hotel Mulia Senayan in Central Jakarta at 7:30 p.m. Thursday.The event, part of a series of charity concerts to support local youth in the arts, is hosted by the Jakarta Foundation for...

Hero reschedules $25m debt

Hero reschedules $25m debt JAKARTA (JP): Publicly listed PT Hero Supermarket announced on Wednesday the extension of the maturity of its US$25 million debt to June 2002.Hero president and CEO Ipung Kurnia said in a statement that the company had negotiated the average interest rate cost of between...

A long and bumpy road towards an East Asian Community

A long and bumpy road towards an East Asian CommunityBy M.C. Abad, Jr. BANGKOK: It seems that East Asia has taken the challenge. On July 26 foreign ministers of 13 East Asian countries met here for the first time to firm up institutional arrangements that would coordinate the implementation of East...

Government vows to crack down on tax evasion

Government vows to crack down on tax evasion JAKARTA (JP): Finance Minister Bambang Sudibyo said on Wednesday the government would crack down on tax evasion, which is estimated to cost the government billions of dollars a year.

Spotlight

SpotlightPhoto A: FurnitureFURNITURE EXPO: The Ideal Furniture and Interior Expo 2000 will run at the Jakarta Convention Center through Aug. 6, 2000. The exhibition is a regular event held by PT Debindomulti Adhiswasti. National and international buyers and traders are expected to visit the expo.

RI foreign debt $144.24b

RI foreign debt $144.24b JAKARTA (JP): Coordinating Minister for the Economy, Finance, and Industry Kwik Kian Gie said on Wednesday that Indonesia's foreign debts as of March 31 totaled US$144.24 billion.He said $75.04 billion of the total were the government's debts, and $69.