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 1,519 articles

BFC survives bankruptcy

BFC survives bankruptcy JAKARTA (JP): The Jakarta Commercial Court rejected on Thursday the bankruptcy claim jointly filed by five Hong Kong- based creditors against listed finance company PT Bakrie Finance Corporation (BFC) on the lack of evidence.

Rudy says journal exists, keeps mum on contracts

Rudy says journal exists, keeps mum on contracts JAKARTA (JP): Former Bank Bali president Rudy Ramli acknowledged on Thursday the existence of a journal purportedly describing the involvement of President B.J. Habibie's inner circle in the Bank Bali scandal.

Militia attacks monastery, injures Baucau bishop

Militia attacks monastery, injures Baucau bishop JAKARTA (JP): Increasing pressure to end the bloodshed in East Timor went unheeded on Wednesday, as the violence which has reigned in the territory over the past few days continued unabated.

Korean bank, BNI agree to finance imports

Korean bank, BNI agree to finance imports JAKARTA (JP): Korean Export and Import Bank (KEXIM) and state Bank Negara Indonesia (BNI) joined forces on Wednesday to help improve bilateral trade between the two countries.

Nationalism on the rise?

Nationalism on the rise? Although there is no reason to be surprised at the mounting international pressure which Jakarta's ineffectual handling of the East Timor crisis has brought on this country, many Indonesians nevertheless seem to be unprepared to cope with the emergence of one particular...

Teachers protest snub by KPU

Teachers protest snub by KPU SEMARANG, Central Java: About 200 teachers claiming to represent some 250,000 teachers in the Indonesian Teachers Union (PGRI) protested in Central Java on Monday the General Elections Commission's (KPU) failure to include the group as a candidate for interest group...

Councilors urge bus firm subsidies

Councilors urge bus firm subsidies JAKARTA (JP): Newly elected city councilors said on Wednesday it was now inappropriate to increase bus fares, and instead suggested Governor Sutiyoso subsidize the bus owners.Ahmad Heryawan of the Justice Party (PK), M.

BI restrains PWC in Bank Bali probe

BI restrains PWC in Bank Bali probe JAKARTA (JP): The central bank has rejected demands to allow international auditor PricewaterhouseCoopers (PWC) to audit the personal bank accounts of influential people allegedly involved in the high profile Bank Bali scandal.

Expert says KPPU should exclude businesspeople

Expert says KPPU should exclude businesspeople JAKARTA (JP): Businesspeople should not become members of the Business Competition Supervisory Commission (KPPU) to ensure the independence of the antimonopoly watchdog, according to a German expert.

Media circus rolls out of East Timor

Media circus rolls out of East Timor JAKARTA (JP): The East Timorese will never forget the past four weeks. Not only because of the Aug. 30 ballot, but also for the "invasion" that preceded the historic event.This time, it was a peaceful one, heralded by United Nations personnel and the media.

Pertamina 'still need government's help'

Pertamina 'still need government's help'By Johannes Simbolon NUSA DUA, Bali (JP): State-owned oil and gas company Pertamina said on Wednesday it needed time and the government's help to enter the era of open competition in the downstream oil sector.

Sutiyoso berates officials for neglecting Monas park

Sutiyoso berates officials for neglecting Monas park JAKARTA (JP): Governor Sutiyoso scolded city park agency officials on Wednesday for their failure to take care of the National Monument park area in Central Jakarta."I am very upset to see the flowers we planted a few months ago now dying.

Where to go in Surabaya:

Where to go in Surabaya:Performance * Pantomime: by Quebec (Canadian), at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 7 p.m., Sept. 9.Film * European Film Festival, at Mitra 21, Jl. Yos Sudarso 15, Sept. 30 to Oct. 1.Fair * Books Fair at CCF - French Cultural Center, Jl.

KONI to argue against Wahyuni drug charge

KONI to argue against Wahyuni drug charge JAKARTA (JP): The National Sports Council (KONI) will use a newly endorsed clause to defend national pencak silat athlete Ni Made Wahyuni, who tested positive for a banned substance during her gold medal performance at the 1999 Southeast Asian (SEA) Games...

Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition by Joan Miro and Nashar, at Darga Gallery, Sanur Raya Complex 20-21, Jl. By Pass Ngurah Rai, Denpasar, (Phone: 0361 285249), 11 a.m. to 7 p.m., until Sept. 23.

The sheep need to take a stand

The sheep need to take a stand It never ceases to amaze me that we, the people of Indonesia, are so easily manipulated. I sometimes wonder if all of our minds have been stunted by an education system that teaches us to have neither individual thought nor one ounce of initiative.

Garuda offers packages

Garuda offers packages JAKARTA (JP): In order to attract more passengers, national flag carrier Garuda Indonesia is offering attractive holiday packages to passengers using some of its international and domestic flights.

East Timor faces power shortage

East Timor faces power shortage NUSA DUA, Bali (JP): A power shortage may hit troubled East Timor next month if no measures are taken to guarantee a supply of fuel for the local power plant, a spokesman for PT PLN said.

Terrorized transmigrants leave Aceh

Terrorized transmigrants leave AcehBy Agus Maryono PURWOKERTO, Central Java (JP): Thousands of frightened Javanese farming families are telling of the terrorization which forced them to flee their resettlement sites in Aceh.

Rekayasa, PAL tie up

Rekayasa, PAL tie up NUSA DUA, Bali (JP): State-owned shipbuilding company PT PAL signed a memorandum of understanding on Tuesday with state-owned engineering company PT Rekayasa Industri to cooperate in the production of offshore oil and gas platforms.

Rights body wants deployment of UN force

Rights body wants deployment of UN force JAKARTA (JP): The debate over whether to deploy international peacekeepers to East Timor continued on Wednesday, with rights advocates urging immediate action to "save lives".The National Commission on Human Rights demanded that President B.J.

Tests concluded on aborted fetuses

Tests concluded on aborted fetuses JAKARTA (JP): A forensic expert at Cipto Mangunkusumo General Hospital confirmed on Wednesday that the remains of 54 fetuses recently dug up in a village were human bones, confirming public opinion that illegal abortions were carried out in the village.

Estrada dubs body to study death law

Estrada dubs body to study death law MANILA (AP): Philippine President Joseph Estrada said on Wednesday that he named members of a committee to review death sentences affirmed by the Supreme Court.Estrada said the "conscience committee" will review cases of convicts scheduled for execution and...

Aprilia, Bayu fight for Olympic tickets

Aprilia, Bayu fight for Olympic tickets JAKARTA (JP): Two national judokas, Aprilia Marzuki and Kresna Bayu, will fight for two tickets to the 2000 Olympic Games in the World Judo Championships in England in October.

WB, IMF warn Indonesia of possible aid suspension

WB, IMF warn Indonesia of possible aid suspension JAKARTA (JP): The World Bank and the International Monetary Fund (IMF) warned the Indonesian government on Wednesday that failure to restore stability in riot-torn East Timor may lead to a suspension of financial aid to Indonesia.

House passes human rights bill

House passes human rights bill JAKARTA (JP): The House of Representatives (DPR) unanimously endorsed the Human Rights bill on Wednesday which contains recognition, promotion and protection of basic freedom.

Drought threatens food shortages

Drought threatens food shortages MATARAM, West Nusa Tenggara: Some 176,000 families here are threatened by potential food shortages due to the expected failure of the coming crop.An estimated 7,600 hectares of paddy field are expected to be ruined due to the extended dry season.

Indonesia and the world

Indonesia and the world Abroad, the view has taken hold that the violence and the rampaging that is going in East Timor was sparked by our government and security personnel. This could easily lead to fears that martial law will be used to give security officials or anyone else a license to act as...

Artists use their brush for social criticism

Artists use their brush for social criticismBy Ahmad Solikhan YOGYAKARTA (JP): Indonesian student activists succeeded in overthrowing Soeharto's New Order government on May 21, 1998. The authoritarian regime was seen as the cause of all the mess that the country now has to clean up.

Students rally against militarism

Students rally against militarism PURWOKERTO, Central Java: Some 200 students held a noisy rally at Jendral Soedirman University here Wednesday, protesting what they perceived to be a rise in militarism in the country.

Government guarantee not needed for derivative transactions: BI

Government guarantee not needed for derivative transactions: BI JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Wednesday he would propose bank derivative transactions be excluded from the government blanket guarantee program.

UK woman held in Myanmar

UK woman held in Myanmar YANGON (AP): A British woman was detained in Myanmar for demonstrating against the military government, a week after another Briton was jailed for supporting dissidents' call for an uprising.

Karseno, a 'Furious Generation' art dealer

Karseno, a 'Furious Generation' art dealer JAKARTA (JP): In the 1980s, when formalism hit every studio at the Bandung Institute of Technology's School of Fine Arts, a number of art students embraced views which deviated from the norm as taught by their teachers.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 8, 1999: Buying Selling Rp Rp U.S. dollar 1 8,333.00 8,417.00Australian dollar 1 5,408.12 5,466.84Austrian schilling 1 641.98 648.57Belgian franc 1 218.98 221.23Brunei dollar 1 4,917.09 4,969.59Canadian dollar 1 5,590.74 5,648.

ASEAN forum for an environmentally friendly future

ASEAN forum for an environmentally friendly futureBy Jules Bell JAKARTA (JP): Regional environmentally sustainable economic progress, Indonesia's rain forest and political will emerged as central issues on Monday at the First Konrad Adenauer Foundation Forum on Association of Southeast Asian Nation...

Improving college English to function to the full

Improving college English to function to the fullBy A. Chaedar Alwasilah BANDUNG (JP): Education is tailored to prepare students to survive modernization, where the division of labor is more specialized and the knowledge base is larger and more complex.

Kayus Mulia holds 9-9-1999 photo expo

Kayus Mulia holds 9-9-1999 photo expo JAKARTA (JP): After months of self-imposed isolation in Bali, Kayus Mulia -- one of the country's few professional black-and- white photographers -- will celebrate the dramatic date of Sept.

East Timorese here tell of concerns and hopes

East Timorese here tell of concerns and hopes JAKARTA (JP): Whether they favored autonomy or independence, East Timorese living in Jakarta and Bogor hoped the Aug. 30 self- determination ballot would end the territory's long history of suffering.

President Habibie skips APEC summit

President Habibie skips APEC summit JAKARTA (JP): President B.J. Habibie will not attend this weekend's summit of the Asia-Pacific Economic Cooperation (APEC) in Auckland, in what is seen as a snub to host New Zealand for its criticism of Indonesia's handling of the situation in East Timor.

Bulog alleges scam in rice procurement

Bulog alleges scam in rice procurement JAKARTA (JP): The State Logistics Agency (Bulog) is withholding payment of Rp 480 billion (US$60 million) for rice procured from cooperatives and non-governmental organizations (NGOs), alleging a major scam involving its own employees.

Susi, Alan resign from badminton center

Susi, Alan resign from badminton center JAKARTA (JP): Former badminton queen Susi Susanti and husband Alan Budikusuma have officially resigned as player and assistant coach from the Indonesian Badminton Center.

Politics set to dominate APEC summit

Politics set to dominate APEC summitBy Chris Johnson AUCKLAND (Reuters): Politics will again take center stage at this year's summit of Asia Pacific leaders, despite the protests of trade officials, as the world's great powers try to decide how to end the worsening bloodshed in East Timor.

Ambon residents stock up in anticipation of violence

Ambon residents stock up in anticipation of violence AMBON, Maluku (JP): Residents in Ambon on Wednesday stocked up in anticipation of violence expected on Thursday.The police and Military chiefs issued appeals that residents refrain from violence and should not be influenced by rumors.

Funds into RI curbed by politics

Funds into RI curbed by politics SINGAPORE (Dow Jones): Indonesia's robust second-quarter stock gains may soon become a distant memory.Fears that presidential election results will be a protracted affair, and that violence and bloodshed in East Timor are causing liquidity to dry up could mean a...

Prosecutor outlines embezzlement charges

Prosecutor outlines embezzlement charges BOGOR (JP): A prosecutor demanded on Thursday that the Bogor District Court sentence two former employees of state-owned companies to three years in jail and a Rp 10 million fine each for their alleged involvement in a Rp 297 million embezzlement scam.

Technology education key to future

Technology education key to futureBy Nirwan Idrus JAKARTA (JP): The knowledge society is growing fast, and for a long time, particularly in Asia, everyone has been aware that a passport to a better future is indeed knowledge and hence education.

Vietnam awards Indonesian coach

Vietnam awards Indonesian coach JAKARTA (JP): Indonesia's pencak silat coach, Suhartono, received the Huan Chuong Lao Dong Hang Ba award from Vietnam President Tran Duc Luong in Hanoi last week.Suhartono also received the Huan Chuong VI Su Nghiep The Duc The Thao award from the Vietnam National...

No action from political elite?

No action from political elite?From Suara KaryaIf we asked the Indonesian people, "What is, at the moment, the most urgent matter?" what would they answer? Undoubtedly, "Freedom from all difficulties in daily life and freedom from fear.

'ANteve' questioned over GAM interview

'ANteve' questioned over GAM interview JAKARTA (JP): National Police detectives questioned on Wednesday a news manager of private television station ANteve concerning its interview with Tengku Abdulah Syafi'i, commander of the armed wing of the separatist Free Aceh Movement (GAM).

Rupiah plunges to 8,610, stocks fall 4.5%

Rupiah plunges to 8,610, stocks fall 4.5% JAKARTA (JP): As the situation in East Timor continued to worsen, the rupiah took its third dive of the week on Wednesday, falling to 8,610 against the United States dollar from 8,285 the previous day.