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

Oil down as report rattles confidence

Oil down as report rattles confidence SINGAPORE (Reuters): Crude prices in Asia were weaker on Thursday, falling from 22-month highs after a report raised the prospect of OPEC slightly loosening the production taps.

Art forum opens Sunday

Art forum opens Sunday UJUNGPANDANG, South Sulawesi: Some 200 artists and critics, from locally and overseas, will participate in the Makassar Art Forum to be opened here on Sunday.The event, which will last till Sept.

The confusion at KPU

The confusion at KPU Problems seem to be descending without end on the General Elections Commission (KPU). The latest problem has come in the wake of a vote taken within the commission last Monday, killing a vote-sharing agreement (stembusakkoord) reached in preballoting stages among eight...

Muslim faction not exclusive

Muslim faction not exclusiveFrom Rakyat MerdekaInteresting political developments have taken place in this country. Hamzah Haz of the United Development Party (PPP), in cooperation with eight small Muslim parties, launched the idea of forming a Muslim faction in the House of Representatives (DPR)...

German expert defends antimonopoly law

German expert defends antimonopoly law JAKARTA (JP): A German expert, who helped draft the country's newly introduced antimonopoly law, denied on Thursday allegations that the law was aimed at harming the development of successful Indonesian enterprises.Antimonopoly expert Prof.

Government studies required hiring of disabled

Government studies required hiring of disabled JAKARTA (JP): The government is considering drafting a bill to compel companies to employ disabled people.Minister for Social Services Yustika Baharsyah said in a seminar on employment here on Thursday that a new law is needed to ensure equal...

BII picks new chief as founder quits

BII picks new chief as founder quits JAKARTA (JP): Shareholders of Bank Internasional Indonesia (BII) approved on Wednesday the appointment of Hanafi Gan as the bank's new president director.Gan, a Malaysian citizen who was previously an executive of Bank of America's Jakarta office, replaced Indra...

E. Asia, Latin America seek closer ties through new body

E. Asia, Latin America seek closer ties through new body SINGAPORE (AFP): Senior officials from 27 East Asian and Latin American countries were to meet here Wednesday to inaugurate a new body designed to boost trade and diplomatic ties between the two regions.

Police begin extradition of American wanted in RP

Police begin extradition of American wanted in RP JAKARTA (JP): National Police are now working on extradition papers for 54-year-old Dennis Austin Standefer, recently arrested for overstaying his visa here and wanted by Interpol in Manila for fraud and rape charges, a police source said on Tuesday.

Harassed Hermes statue to rest at Fatahillah museum

Harassed Hermes statue to rest at Fatahillah museum JAKARTA (JP): A city parks agency official said on Wednesday that the antique statue of the Greek god Hermes, which stood on a bridge near the presidential palace for decades, is temporarily being placed at the Fatahillah Museum in North Jakarta.

Mother tells of distress of deformed baby's death

Mother tells of distress of deformed baby's death JAKARTA (JP): A poor housewife who lives in a tiny hut under the Kota flyover in Penjaringan, North Jakarta, has told the sad story of her one-day old baby boy, who raised neighbors' curiosity due to the strange shape of the top of his head.

SBI rate drops again

SBI rate drops again JAKARTA (JP): Bank Indonesia said the interest rate of its one-month promissory notes (SBIs) dropped by another nine basis points at the central bank's weekly auction on Wednesday.The weighted average interest rate of the one-month SBI notes dropped to 12.97 percent from 13.

Indonesia a friend not foe to Australia

Indonesia a friend not foe to Australia This article is based on a farewell speech by Indonesian Ambassador to Australia S Wiryono at the 1999 Merdeka Luncheon, organized jointly by the Australia Indonesia Business Council (AIBC), New South Wales branch, and the Consul General of the Republic of...

Indocement denies rights issue plan

Indocement denies rights issue plan In reference to Indocement to launch rights issue published in The Jakarta Post on Sept. 1, I would like to clarify that the report of the rights issue is not true.The subject of a news conference held by Indocement following its extraordinary shareholders...

Corporation awards US$10,000 to UGM

Corporation awards US$10,000 to UGM YOGYAKARTA (JP): The Gajah Mada University's (UGM) school of engineering was awarded US$10,000 by the Schlumberger Stichting corporation on Wednesday.The donation was delivered by the president of Schlumberger Stichting for Indonesia, Salm El Sayed, to university...

FPTI prepares climbers for PON

FPTI prepares climbers for PON JAKARTA (JP): The Indonesian Climbing Federation (FPTI) is preparing its athletes for the 2000 National Games (PON), the first Games to feature climbing events.FPTI's new chairman, Maj. Gen.

Natuna gas project management

Natuna gas project management Commission V of the House of Representatives (DPR) has recommended that the government cancel PT McDermott's contract to construct the Natuna gas pipeline, worth US$335 million, as reported in Bisnis Indonesia and Media Indonesia on Aug 27.

Insurance pool for tree crop and forestry risks

Insurance pool for tree crop and forestry risks JAKARTA (JP): PT Aon Lippo Indonesia and 20 local insurance companies launched an insurance pool on Wednesday to underwrite forestry and tree crop risks.Junaedy Ganie, the president of Aon Lippo, a subsidiary of the U.

The New Order economy as seen from the present

The New Order economy as seen from the presentBy Emil Salim This is the second of two articles based on a paper presented at a recent conference on Indonesian modern economic history with the theme "Crisis and Continuity: Indonesian Economy in the 20th century" organized by the Forum on the...

East Timor vote count begins amid heavy security

East Timor vote count begins amid heavy securityBy Dwi Atmanta & Budiman Moerdijat DILI, East Timor (JP): The United Nations Mission in East Timor (UNAMET) began counting on Wednesday the votes cast in Monday's landmark ballot in this troubled province.

Novotel hotel holds contest

Novotel hotel holds contest JAKARTA (JP): The Bogor-based Novotel hotel will hold a contest for young and educated girls on Sept. 9 to promote Indonesian tourism in France, the hotel official said on Wednesday.

IBRA to take legal action against 17 debtors

IBRA to take legal action against 17 debtors JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) said on Wednesday that it would immediately take legal action against 17 "uncooperative" debtors owing combined bad debts of Rp 3.86 trillion (about US$515 million) and $770.

Wiranto belittles critics of bill on state security

Wiranto belittles critics of bill on state security JAKARTA (JP): Minister of Defense and Security Gen. Wiranto lambasted on Wednesday critics of the bill on state security and civilian militia, arguing that much of the opposition was based merely on undue suspicion and a lack of understanding of...

Rice aid goes rotten

Rice aid goes rotten PADANG, West Sumatra: A contribution of at least 16.5 metric tons of rice sent by the State Ministry of Food and Horticulture was found rotten in several district offices, an official said.The rotten rice was not taken away as of Tuesday as further instruction was anticipated.

Decision on Soeharto to take 'another week'

Decision on Soeharto to take 'another week' JAKARTA (JP): The government said it needed another week to verify evidence of alleged corruption before it can determine the legal status of former president Soeharto.

Globalization and social dialog in Indonesia

Globalization and social dialog in Indonesia The following article is based on a paper presented at a seminar on globalization by Iftikhar Ahmed,director of the International Labor Organization (ILO), Jakarta. The seminar, which was held in Jakarta from Aug. 24 to Aug.

PT Intraco Penta back in the black

PT Intraco Penta back in the black JAKARTA (JP): PT Intraco Penta Tbk announced on Wednesday a net profit of Rp 28.16 billion (US$3.75 million) in the first semester of 1999. This is in contrast to a Rp 280.35 billion loss for a previous semester last year.

Photo exhibition shows the surreal in the every day

Photo exhibition shows the surreal in the every dayBy Aendra H. Medita JAKARTA (JP): Two photographers from Germany and Indonesia display their works, showing different angles that are both inspiring and phenomenal.

Legislators with coolie mentality

Legislators with coolie mentalityFrom Media IndonesiaI agree with University of Indonesia political observer M. Budyatna's statement "Legislators have a coolie mentality" on the case of the award/separation pay conferred to the legislators of the 1997/2002 period by B.J.

KONI to propose review of sports in state guidelines

KONI to propose review of sports in state guidelines JAKARTA (JP): The National Sports Council (KONI) plans to recommend the House of Representatives to review their vision for national sports development in the next state guidelines (GBHN).

Tension continues in Medan

Tension continues in Medan MEDAN, North Sumatra: Tension continued on Wednesday in Medan as clients of a firm which promised quick profits surrounded its office building, demanding their investments.Fire was seen in one part of the building and police fired warning shots. No injuries were reported.

The bill has to go

The bill has to go Perhaps no countries on this planet are as busy as Indonesia is today. However, our hustle-and-bustle activities here have nothing to do with a killer earthquake or inhumane acts of ethnic cleansing, but the administration and the House of Representatives controversial efforts to...

Promises coax refugees to leave

Promises coax refugees to leave BANDA ACEH, Aceh (JP): About 13,000 refugees have returned home following the promise of Indonesian Military (TNI) chief Gen. Wiranto to withdraw Crack Riots Troops (PPRM) from Aceh, the Ministry of Health's crisis center said here on Wednesday.

Soleh takes featherweight crown

Soleh takes featherweight crown JAKARTA (JP): Indonesian boxer Soleh Sundava won the featherweight title of the Pan Asian Boxing Association (PABA) after canvassing Park Sung-hoon of South Korea on Tuesday night.

IMF warns Asia's economic recovery still 'precarious'

IMF warns Asia's economic recovery still 'precarious' TOKYO (AFP): Asia is returning to growth but it is a "precarious recovery" and several weaknesses still remain across the region, the IMF's head of Asian operations warned Wednesday.

Police arrest three, seize 150 kgs of marijuana in raid

Police arrest three, seize 150 kgs of marijuana in raid JAKARTA (JP): Police seized 150 kilograms of marijuana, worth about Rp 2.25 billion (US$321,000), from three suspected drug traffickers in a single raid in Bogor early Wednesday morning, the city police detectives chief said.Col.

PPI finally distributes DPR seats

PPI finally distributes DPR seats JAKARTA (JP): The National Elections Committee (PPI) closed the extended saga on the distribution of legislative seats on Wednesday, allocating the remaining 120 seats in the House of Representatives (DPR).

Sewu New York posts sales growth of 200%

Sewu New York posts sales growth of 200% Sewu New York Life recorded sales of Rp 34.19 billion for the first half of 1999, 200 percent more than for the same period last year. The company inaugurated today its 14th branch in Jabotabek (Jakarta-Bogor-Tangerang-Bekasi).

Habibie asked to open karate c'ship

Habibie asked to open karate c'ship JAKARTA (JP): The Indonesian Karate-Do (Inkado) asked President B.J. Habibie to open the World Karate Championship in Bali, scheduled for April 19 to April 23 next year.World Shotokan black belt honorary council chief Surono and Inkado chairman E.

Humpuss' naphtha exports down

Humpuss' naphtha exports down JAKARTA (JP): Petrochemical company PT Humpuss Aromatik Lhoksemawe's naphtha exports fell 40 percent to 337,392 tons in the second quarter of the year, from 473,897 tons in the first quarter of the year, due to depressed demand.

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.

Woman kills spouse in front of kids

Woman kills spouse in front of kids JAKARTA (JP): South Jakarta Police detectives arrested a 39- year-old woman for stabbing her allegedly abusive husband on Tuesday evening.Officer Second Lt. Kasroni said on Wednesday that Nurjanah, the fourth wife of taxi driver Suwardi, 42, was apprehended at...

Sutiyoso asks council to focus on bus fares

Sutiyoso asks council to focus on bus fares JAKARTA (JP): Governor Sutiyoso wrote to the newly established City Council on Wednesday asking them to prioritize the city administration's proposal of putting up the price of bus fares.

Easy does it for top seeds in Indonesia Open

Easy does it for top seeds in Indonesia OpenBy Primastuti Handayani DENPASAR, Bali (JP): The top seeds cruised through to the third round of the US$150,000 Sanyo Indonesia Open on Wednesday after winning in the first and second round matches at Yuwana Mandala Hall.

Hero workers rally for hike in salary

Hero workers rally for hike in salary JAKARTA (JP): Over 1,000 staff members from at least 14 Hero supermarket outlets in Greater Jakarta staged a rally in front of the company's headquarters on Jl. M.T. Haryono in South Jakarta on Wednesday.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on September 1, 1999: Buying Selling Rp Rp U.S. dollar 1 7,627.00 7,703.00Australian dollar 1 4,866.03 4,922.22Austrian schilling 1 585.59 591.99Belgian franc 1 199.75 201.93Brunei dollar 1 4,534.48 4,582.39Canadian dollar 1 5,102.70 5,155.

Suicide murder in Klungkung

Suicide murder in Klungkung DENPASAR, Bali: A 23-year-old mother committed suicide after she killed her 18-month-old daughter at her house in Klungkung regency, police said on Wednesday.The incident took place at Pesinggahan village.

Paul out for second win in drag race

Paul out for second win in drag race JAKARTA (JP): Canadian Robert J. Paul is seeking another victory on Sunday in the third leg of a drag race at Sentul Circuit near Bogor."I just can't wait to win again and I will give my best performance at the race," Paul said on Wednesday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Song 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 TV Series: Drew Carey Show 3:00 Music 4:00 News 4:30 Religious Teachings 5:00 Koran Recital 5:30 TV Drama 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30 TV Drama 8:25...

Indonesia donates money to Turkish quake victims

Indonesia donates money to Turkish quake victims JAKARTA (JP): Indonesia has donated US$50,000 to Turkey to aid thousands of earthquake victims in Kocaeli province, Turkey.Minister of Social Services Justika Baharsjah presented the donation to Turkish Ambassador Deniz Uzmen in a simple ceremony on...