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 17,759 articles

Vote against cotton duty

Vote against cotton duty BRUSSELS (Bloomberg): European Commission attempts to impose five-year anti-dumping duties on unbleached cotton imports from five developing countries appeared in jeopardy after a majority of EU governments voted against the plan, the Financial Times said, without citing...

On corruption

On corruption I would like to comment on Ms. Donna K. Woodward's two articles on corruption in international aid organizations published in The Jakarta Post on Sept. 2 and Sept. 3, as my request for "ethically approved and safe actions in facing the graft".

Mining firms concerned over illegal mining

Mining firms concerned over illegal mining JAKARTA (JP): Mining associations voiced concern on Thursday over escalating illegal mining activities and called on the government to restore order in the affected areas.The secretary-general of the Indonesian Coal Mining Association (IMCA), S.

Place ads in segmented media to reach their target: Experts

Place ads in segmented media to reach their target: Experts JAKARTA (JP): The president of the Indonesian chapter of the International Advertising Association, Yanti Sugarda, advised advertisers on Thursday to choose a medium which had a clear market segment.

'Pos Kota', 'Kompas' still on top

'Pos Kota', 'Kompas' still on top JAKARTA (JP): Pos Kota and Kompas remain the country's top dailies with 3.1 million adult readers each, according to a survey by marketing research company PT SRI Nielsen Indonesia (ACNielsen).

Groups rush to submit draft laws to House

Groups rush to submit draft laws to House JAKARTA (JP): Private groups are rushing to submit their drafts of the new political laws to the House of Representatives (DPR), making the best of the government's failure to meet the deadline which it set itself last month.

IKI Kabel to counter slump by boosting exports to Japan

IKI Kabel to counter slump by boosting exports to Japan JAKARTA (JP): Publicly listed cable producer PT IKI Indah Kabel Indonesia plans to boost its exports to Japan to offset a domestic market decline in demand.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 16, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 200 -25 480,000 Alumindo Light Metal 325 0 0 Alumindo...

Zawawi admits manipulation in rice distribution

Zawawi admits manipulation in rice distribution JAKARTA (JP): The former head of the city's logistics agency (Dolog Jaya), Ahmad Zawawi, has admitted manipulation of rice distribution was rife throughout the city during his five-month tenure, police said Wednesday.

Maulani installed as new Bakin chief

Maulani installed as new Bakin chief JAKARTA (JP): Minister/State Secretary Akbar Tandjung stressed the important role played by the State Intelligence Coordinating Board (Bakin) in providing accurate information and analysis of developments in the nation during a ceremony to swear in a new head of...

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Bali's bank notes conversion rates on Sept. 16, 1998: Buying Selling Rp Rp U.S. dollar 1 10,800 11,150Australian dollar 1 6,180 6,680Brunei dollar 1 6,500 7,000Swiss franc 1 7,415 8,015Deutschemark 1 6,070 6,620French franc 1 1,690 2,010Poundsterling 1 16,410...

Increasing national exports during the crisis

Increasing national exports during the crisis Monetary conditions are a major factor in the growth of exports and imports in Indonesia.Exports from both the oil and gas sector and the non-oil and gas sector for this year's January to April quarter were worth US$16.26 billion, a decrease of $1.

Rabid dogs raise alarm

Rabid dogs raise alarm MAUMERE, East Nusa Tenggara: As many as 35,000 dogs may have to be slaughtered following the discovery of rabies by the Sikka regency administration.The Sikka health office said on Wednesday that it would begin an information campaign this week to warn all dog owners of the...

Indonesian oil supply may increase next year

Indonesian oil supply may increase next year SINGAPORE (Dow Jones): Amid economic meltdown, Indonesia's oil and gas drillers have maintained a brisk rate of activity that may increase oil supplies as much as 7 percent in 1999, according to a survey of oil companies in Indonesia by Dow Jones...

Ghalib to probe Soeharto's wealth

Ghalib to probe Soeharto's wealth JAKARTA (JP): President B.J. Habibie has assigned Attorney General Andi M. Ghalib to chair a government team charged with investigating the wealth of former president Soeharto, a senior minister said on Wednesday.

Malaysian police arrest more Anwar aides

Malaysian police arrest more Anwar aides KUALA LUMPUR (AFP): Malaysian police moves to arrest acquaintances of ousted deputy premier Anwar Ibrahim are part of a government campaign of fear and an "omen" of more to come, a human rights group warned on Wednesday.

Power dictates whether proof of rape exists

Power dictates whether proof of rape existsBy Julia I. Suryakusuma JAKARTA (JP): "Did the mass rapes (of ethnic Chinese women) really happen?" Even before the work of the government-sponsored joint fact-finding team is completed, a number of government officials have raised this nagging question.

ABRI must become introspective

ABRI must become introspectiveFrom NeracaThe sociopolitical role played by the Armed Forces (ABRI) has until now legitimized its intervention in all areas of civil life, such as education, the economy, labor, journalism, politics, arts and culture.

Oversupply of office space taking its toll

Oversupply of office space taking its toll JAKARTA (JP): A huge oversupply of office space in the capital is forcing building owners to exercise a great deal of flexibility in quoting rates to absorb the shrinking market, according to property consultant PT Procon Indah.

Keeping commitments will get benefits

Keeping commitments will get benefitsBuyers Consolidators Ltd -- Agents: PT Natabhayu Many businesses have been forced to buy goods from other countries due to Indonesia's unstable condition, a condition which deteriorated even more because of recent riots.

Indonesia from a distance

Indonesia from a distance Three and a half months have passed since my wife and I left Indonesia for the colder pastures of England. In the first two months we had to live in a small hotel room in what is supposed to be the leading hotel in Cambridge (a far cry from what a cheaper hotel in Jakarta...

Looking ahead to future needs

Looking ahead to future needsPT Jasa Bahari Birkart In these times of economic and political upheaval, many employees are being laid off. However, there is at least one company which thinks about its employees' welfare.

Thai banker shoots himself over debts

Thai banker shoots himself over debts BANGKOK (AP): A manager at a state-run Thai bank shot himself dead because of his mounting personal debts, police said on Wednesday.Sawang Polcharas, 38, a credit manager at the Bank of Agriculture and Cooperatives, was found dead in his office restroom with a...

New demos against Habibie

New demos against Habibie JAKARTA (JP): More students took to the streets on Wednesday to protest the soaring prices of essentials and to demand the resignation of President B.J. Habibie.Thousands of students from various colleges in the Central Java town of Purwokerto began demonstrating at their...

Vickers Ballas boosts stake in RI brokerage

Vickers Ballas boosts stake in RI brokerage SINGAPORE (Bloomberg): Vickers Ballas Holdings Ltd, a Singapore stock brokerage, is increasing its stake in Indonesia, a market that much of the international brokerage industry has turned its back on.

The Soeharto fortune

The Soeharto fortune After months of clamoring for the Habibie administration to be earnest in making true its stated determination to stamp out corruption, collusion and nepotism at all levels of society, the government's announcement yesterday that it would form a team to investigate former...

Transparency sought in schoolbook tenders

Transparency sought in schoolbook tenders JAKARTA (JP): The Indonesian Publishers Association (Ikapi) called on the government on Wednesday to make its tenders for schoolbook projects more transparent amid growing criticism of widespread collusive practices.

Labor Party backs self-determination for East Timor

Labor Party backs self-determination for East Timor SYDNEY, Australia (AFP): East Timor's separatist movement welcomed on Wednesday a major policy shift by Australia's Labor opposition backing talks leading to self-determination for the troubled province.

Developer told to keep word on facilities

Developer told to keep word on facilities JAKARTA (JP): Residents of Pondok Pinang subdistrict in South Jakarta complained to the City Council on Wednesday that PT Metropolitan Kencana, the developing of the Pondok Indah luxury housing complex had not given them the social facilities it pledged 20...

Home industry village urges council action

Home industry village urges council action JAKARTA (JP): Businesspeople living in the small industry village of Pulogadung, East Jakarta, have urged the city council to help them obtain ownership rights to their houses.

Sound bites

Sound bites I sincerely hope that lawyers are able to help Soekardjo Wilardjito, the adjutant of first president Sukarno. It is indeed a sad story and I do not believe he is an opportunist for publicity, as claimed by the main protagonists. He merely wants to restore his good name in his old age.E.

Calls mount for ABRI to review dual role concept

Calls mount for ABRI to review dual role concept JAKARTA (JP): Calls have mounted for the Armed Forces to abolish its dual-function concept, which has enabled it to play a major role in politics as well as in security, and to develop greater professionalism in its ranks.

Police not ready to begin investigation of Bambang

Police not ready to begin investigation of Bambang JAKARTA (JP): Police said on Wednesday that they were not ready to begin an investigation into businessman Bambang Trihatmodjo, the second son of former president Soeharto, in connection with a scandal at Bank Andromeda, which he partly controlled.

Number of poor entitled to cheap rice increases

Number of poor entitled to cheap rice increases JAKARTA (JP): The city administration has increased the number of poor families entitled to buy cheap rice through the central government's crash program beginning in October to 30,000 from the previous 23,285.

Developing an integrated company

Developing an integrated companyPT YKK Alumico Indonesia PT YKK Alumico Indonesia's core business is the manufacture of aluminum products, the main lines being aluminum profiles and finished goods comprising aluminum doors, window frames and curtain walls.

We have to take care of the shipping company, not the docks

We have to take care of the shipping company, not the docksPT Jasa Marina Indah The progress of a shipping company cannot be separated from the progress of the shipping industry because the two are related and operate side by side.

Critics invited to join reconciliation team

Critics invited to join reconciliation team JAKARTA (JP): The government will soon launch the National Reconciliation Team and invite outspoken critics, including opposition leader Megawati Soekarnoputri, to join, according to Minister of Justice Muladi.

Aussie Navy ships to visit Indonesia

Aussie Navy ships to visit Indonesia JAKARTA (JP): Three ships of the Royal Australian Navy, HMAS Adelaide, HMAS Brisbane, HMAS Hobart are scheduled to arrive in Jakarta on Friday for a goodwill visit to Indonesia.HMAS Adelaide is commanded by Captain L.G.

Dolog denies auctioning rice

Dolog denies auctioning rice YOGYAKARTA: The Provincial Logistics Agency (Dolog) denied on Wednesday traders' accusations that it had auctioned its rice supplies to the highest bidders.Several traders complained that they had to pay as much as Rp 2,800 a kilogram for Dolog rice, compared to the...

Notorious crook shot to death

Notorious crook shot to death TANGERANG (JP): Local police detectives in Tangerang shot dead one of the town's most wanted armed robbers in an early morning raid on Tuesday, an officer said.Greater Jakarta Police spokesman Lt. Col.

MPR vows to restore its tarnished image

MPR vows to restore its tarnished image JAKARTA (JP): The People's Consultative Assembly (MPR) has acknowledged its past weaknesses and poor image, and has vowed to continue to empower itself so it can fight for democratization.

Mission in national development

Mission in national developmentPT Samudera Indonesia In the Indonesian maritime world, the name PT Samudera Indonesia is famous. Besides its great name, the company is also known to have international lines and provide world-class services.

Market jittery on news of fresh unrest

Market jittery on news of fresh unrest JAKARTA (JP): The local financial market was still under pressure on Wednesday following news of fresh rioting in Sumatra and intensifying demonstrations in the country's capital, according to currency dealers and stockbrokers.

Young composers demonstrate talents at 'reform' festival

Young composers demonstrate talents at 'reform' festivalBy Zoel Mistortoify SURAKARTA (JP): Some people in Surakarta (Solo), which was severely damaged by riots in May, could for awhile forget about the bitter incident when a special cultural event was held here.From Sept. 5 to Sept.

Neglected land reaches 671 ha

Neglected land reaches 671 ha TANGERANG (JP): At least 671 hectares, or 31 percent of the 2,158 hectares of land appropriated by developers here since 1993, are still empty, an official said on Wednesday.The head of the Tangerang office of the National Land Agency, Satmodjo S.W.

Hopewell suspends RI power project

Hopewell suspends RI power project HONG KONG (AFP): Hong Kong-based Hopewell Holdings Ltd. said Wednesday it had suspended a huge power project in Indonesia which may require it to make a provision of as much as US$420 million.

Ministers see valuable lesson from Clinton's affair

Ministers see valuable lesson from Clinton's affair JAKARTA (JP): The sex scandal involving U.S. President Bill Clinton may have little impact on Indonesia, but several Cabinet members nevertheless see it as a valuable lesson in leadership and integrity.

Wismoyo promises Rp 50m bonus for Asiad gold winners

Wismoyo promises Rp 50m bonus for Asiad gold winners JAKARTA (JP): National Sports Council (KONI) chairman Wismoyo Arismunandar offered on Wednesday a Rp 50 million cash bonus to the Indonesian winner of each gold medal taken in the upcoming Asian Games.

Troops remain on alert in Bagansiapi-api

Troops remain on alert in Bagansiapi-api JAKARTA (JP): Hundreds of security personnel were on standby in the fishing town of Bagansiapi-api in Riau province on Wednesday after a riot erupted there the previous day.Bengkalis Police chief Lt. Col.

Chinese-Indonesians plead for end to discrimination

Chinese-Indonesians plead for end to discrimination SURABAYA (JP): Some 200 local Chinese-Indonesians met with members of the Supreme Advisory Council here on Wednesday to plead for the abolition of government policies which discriminated against them.