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 15,244 articles

Conglomerates' idea wins support

Conglomerates' idea wins support JAKARTA (JP): Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Aburizal Bakrie welcomed yesterday a proposal that large companies allocate two percent of their profits to helping narrow the gap between rich and poor in Indonesia."Good.

Japan's loan for Manila

Japan's loan for Manila MANILA (AFP): Japan's Overseas Economic Cooperation Fund (OECF) has approved a 20th yen credit package amounting to 100.9 billion yen or US$1.2 billion, the Philippines finance department said yesterday.

Sapura still pioneering in telecommunications industry

Sapura still pioneering in telecommunications industry Sapura was first incorporated in 1975 to meet the growing needs of the telecommunications industry and its related businesses in Malaysia. It was one of the first Malaysian companies to venture into the field of telecommunications, and it...

Merapi begins to boil

Merapi begins to boil SEMARANG, Central Java: The local office of the Directorate of Volcanology has reported increasing activity on Mount Merapi, an eruption of which killed 70 people late last year.An official at the directorate said yesterday there has been increasing tremors, geo-chemical...

TV today

TV todayTVRI 2:30 p.m. TV Series: Horrible Honchos 3:05 Culture Program 3:30 TV Series: Harapan Nan Sirna 4:30 Meniti Hari Esok 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:15...

Thousands attend mass

Thousands attend mass SEMARANG, Central Java: Thousands of Catholics took part in a mass held at the Diponegoro Stadium yesterday in commemoration of Indonesia's 50th anniversary of independence.The service, led by the Semarang archbishop Yulius Kardinal Darmaatmadja, started with a procession of...

Statistics agency plans to update inflation basis

Statistics agency plans to update inflation basis JAKARTA (JP): The Central Bureau of Statistics plans next year to modify the base for calculating the consumer price index (CPI) in a bid to ensure a more representative inflation figure, says the agency's chairman Soegito.

Officials ordered not to compromise with violators

Officials ordered not to compromise with violators JAKARTA (JP): Governor Surjadi Soedirdja ordered his subordinates yesterday not to hesitate to take stern actions against regulation violators in order to improve public services.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 30, 1995: Shares Close Change Trading Volume -------------------------------------------------------------------- Ades Alfindo 2,400 0 0 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 1,850 25 115,500...

PT Timah to float shares in London in mid-October

PT Timah to float shares in London in mid-October JAKARTA (JP): The state-owned tin mining company PT Timah announced yesterday that it will float shares on the London, Jakarta and Surabaya stock exchanges in mid-October.

Facility for selected investors

Facility for selected investors DILI, East Timor (JP): Governor of East Timor province Abilio Jose Osorio Soares ordered all regents to be selective in giving facilities to businesspeople wanting to invest in the province.

Stop 'vulgarization' of Pancasila: Roeslan

Stop 'vulgarization' of Pancasila: Roeslan JAKARTA (JP): Respected senior statesman Roeslan Abdulgani warned yesterday against the perversion of the Pancasila ideology, and admonished what he called its "vulgarization" into various aspects of life.

What next after Magsaysay controversy?

What next after Magsaysay controversy?By Ariel Heryanto SALATIGA, Central Java (JP): The older generation, which has shown its merits in the country's development and has been privileged to enjoy the boons of the New Order, has left a number of debts to the younger generation.

New South Jakarta mayoralty office in poor condition

New South Jakarta mayoralty office in poor condition JAKARTA (JP): The new office building of the South Jakarta mayoralty has been partly out of order, despite having started operations just last April.

Seminar to design up anti-poverty programs

Seminar to design up anti-poverty programs JAKARTA (JP): Stronger social solidarity and greater public participation should form the basis of a government plan to fight poverty and unemployment, Coordinating Minister for People's Welfare Azwar Anas said yesterday.

Partnerships will help loan prospects

Partnerships will help loan prospects JAKARTA (JP): Solid partnerships between small enterprises and their larger counterparts could provide a good basis on which banks would be willing to approve collateral-free loans to small businesses, a senior bank executive said yesterday.

25 drivers to race in Sentul

25 drivers to race in Sentul JAKARTA (JP): Twenty-five drivers have confirmed their entry into the ninth and 10th rounds of the Gudang Garam Southeast Asia Touring Car race slated for Sept. 8 and 9 at Sentul circuit in Bogor.

Recognition of independence

Recognition of independence As a simple man with a simple way of thinking and life-style, I sometimes get confused when reading different kinds of newspapers, simply because I cannot understand all the comments made by the people.

Djajanti Group forms scholarship fund

Djajanti Group forms scholarship fund JAKARTA (JP): The widely-diversified Djajanti Group announced yesterday the establishment of a Rp 1 billion (US$450,000) trust fund to finance 160 scholarships for school children and students in Maluku and Irian Jaya every year.

Importers complain about cargo inspection

Importers complain about cargo inspection JAKARTA (JP): The Indonesian Importers Association is complaining about the on-arrival customs inspection of import air cargo and proposing that the government allow airfreight to be inspected at points of loading.

President appoints 17 new ambassadors

President appoints 17 new ambassadors JAKARTA (JP): President Soeharto inducted 17 new ambassadors yesterday to serve in Asia, Africa and Latin America, posting an Army major general in Malaysia and a vice marshal in the Philippines.Maj. Gen. M.

Finance firm books profit

Finance firm books profit JAKARTA (JP): The net consolidated profit of publicly-listed PT Sinar Mas Multiartha in the first half of 1995 reached Rp 66.16 billion (US$30.07 million), about 50.6 percent of its projected profit for 1995.

Rumors are part of the finance sector

Rumors are part of the finance sector Devaluation rumors resurfaced last week but the government quickly warded them off. Why do such rumors keep coming back? Noted economist Laksamana Sukardi talked to The Jakarta Post to shed some light on the issue.

Soccer commentary

Soccer commentary Life teaches me that people's behavior always has a meaning. When the reason behind the behavior is not clear, I resort to Latin wisdom and ask "Cui prodest?" (to whom is it useful?).I am referring to the new European soccer season.

Cirebon's 'wayang cepak' tradition still hanging on ...

Cirebon's 'wayang cepak' tradition still hanging on ...By Paul W. Blair BANDUNG (JP): For the next four days the lobby of the Chedi Hotel in Bandung will be even fuller than usual with well over a hundred intriguing new faces on hand to greet visitors.

Novel pirated in China

Novel pirated in China PURWOKERTO, Central Java: A local novelist plans to sue a Jakarta-based publisher for illegally translating his book into Chinese and selling copies in China.The writer, Ahmad Tohari, said he learned that his work had been pirated from a businessman who recently visited China...

Malaysia's stability lures investors

Malaysia's stability lures investors Malaysia, comprising Peninsular Malaysia, Sarawak and Sabah, covers more than 330 square kilometers and lies in a strategic position for sea and air transport between Europe and the Far East.

Jasa Marga to introduce card system

Jasa Marga to introduce card system JAKARTA (JP): PT Jasa Marga, the state-run company assigned to manage all of Indonesia's toll roads, will issue prepaid cards for toll roads in a trial project beginning early next month.

Gathrering permits abolished

Gathrering permits abolished JAKARTA (JP): Most gatherings, including those that are political in nature, will soon no longer require permission from the authorities.The government announced yesterday that it is abolishing the permit requirements for virtually all kinds of gatherings.

Pramoedya's wife to accept award

Pramoedya's wife to accept award JAKARTA (JP): The wife of writer Pramoedya Ananta Toer flew out of Jakarta for Manila yesterday to collect the Magsasay Award for literature on his behalf.Maemunah Thamrin, accompanied by her daughter Astuti Ananta and novelist Marianne Katoppo, flew out of...

U.S. firm joins Adaro

U.S. firm joins Adaro JAKARTA (JP): Mission Energy Company, a subsidiary of SECcorp of the United States, has acquired 10 percent of the shares of PT Adaro Indonesia, an Indonesia-Australian coal mining company in South Kalimantan."The acquisition of Adaro's stock was signed on Aug.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 29, 1995: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 2,400 0 0 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 1,825 75 463,500 Aneka...

Laborer's rights

Laborer's rightsFrom MerdekaThe workers' demonstrations taking place in some industries in Surabaya and its surrounding areas are an indication that there are some companies still reluctant to abide by the instruction of the minister of manpower concerning the right of the workers to get a pay...

Tycoons' commitment warmly welcomed

Tycoons' commitment warmly welcomed JAKARTA (JP): Last week's "Bali Declaration," in which business tycoons vowed to narrow the economic gap separating them from their smaller counterparts, has been warmly welcomed by politicians and observers, although many are anxious to see concrete follow-up.

Spotlight

SpotlightPhoto A: BeatrixHyatt Regency SurabayaQUEEN'S VISIT: Michael Kiehl, the general manager of Hyatt Regency Surabaya welcomes Queen Beatrix of the Netherlands at his hotel last Wednesday. She visited the city during her 10-day tour of Indonesia.

Violence mars boxing meet as Pino flops

Violence mars boxing meet as Pino flops JAKARTA (JP): Violence marred the President's Cup boxing championships here yesterday as an angry mob tried to assault a referee after home favorite Pino Bahari suffered an upset loss to Algerian Bahari Mohammed.

Tribal people must plan own future: Senior official

Tribal people must plan own future: Senior official JAKARTA (JP): Tribal peoples in Indonesia must play an active role in planning their own future, while the role of outsiders is merely to provide them with various options, a senior official of the Ministry of Education and Culture said yesterday.

Higher fees reduce use of groundwater

Higher fees reduce use of groundwater JAKARTA (JP): Consumption of artesian-well water in Jakarta has fallen from 3.2 million cubic meters per month to 2.6 million cubic meters following a 150 percent to 250 percent increase last April of artesian-well water fees.

Speaker Wahono calls on lawmakers to introspect

Speaker Wahono calls on lawmakers to introspect JAKARTA (JP): The House of Representatives and the People's Consultative Assembly celebrated their 50th anniversary yesterday, with Speaker Wahono calling on the legislators to introspect about their performance.

Firms need to implement environmental principles

Firms need to implement environmental principles JAKARTA (JP): The participation of government agencies, particularly the Ministry of Industry, is needed to encourage industrial companies to implement principles of sound environmental management, an environmental consultant says.

Keating to talk with Soeharto before APEC

Keating to talk with Soeharto before APEC CANBERRA (Reuter): Australian Prime Minister Paul Keating will travel to Indonesia next month for talks with President Soeharto ahead of November's APEC summit, Keating said on Tuesday.

No retaliation necessary

No retaliation necessaryFrom Media IndonesiaWe have to be very careful in reacting to the Indonesian flag burning incident in Australia. It is most probable that the action was not the final objective of the group. The main objective could be to create disharmony between Indonesia and Australia.

Laos, Cambodia may join ASEAN

Laos, Cambodia may join ASEAN MANILA (AFP): Cambodia and Laos could join the seven-nation Association of Southeast Asian Nations (ASEAN) as early as 1997, and Myanmar in five years' time, Philippine President Fidel Ramos said yesterday.

Five police officers to be tried for robbery

Five police officers to be tried for robbery JAKARTA (JP): Police headquarters will bring a case against five police officers suspected of having been involved in a robbery in Glodok, West Jakarta, to the military tribunal if preliminary investigations find them guilty, police said.

Kodel sets up hotel school

Kodel sets up hotel school JAKARTA (JP): Kodel Group, in cooperation with its business partners, will set up and operate a US$22.24 million integrated facility, consisting of a hotel and training and educational center, which is supported by the Singapore Hotel Association.

12 dead of dengue fever in Vietnam

12 dead of dengue fever in Vietnam HANOI (AFP): At least 12 people have died of dengue fever in the southern Vietnamese province of Ben Tre and some 2,500 people have been hit by the disease, a report said yesterday.

Dragon Bank warned

Dragon Bank warned JAKARTA (JP): The government will take measures against the representative office of Dragon Bank International Ltd. of Vanuatu if the bank is found to be engaging in commercial banking activities here.

Suryamas Dutamakmur to offer shares to public

Suryamas Dutamakmur to offer shares to public JAKARTA (JP): PT Suryamas Dutamakmur, a real estate developer, will offer 80 million new shares to the public next month to raise funds to finance the construction of two projects in Bekasi and Rancamaya, both in West Java, an executive said.

Redundant posts may be abolished

Redundant posts may be abolished JAKARTA (JP): Minister of Industry Tunky Ariwibowo has suggested that the government abolish many administrative posts pertaining to industry at both the provincial and regency levels which, he said, are redundant.

Indonesian women

Indonesian womenFrom Forum KeadilanI am responding to the Wanita Indonesia murahan (Indonesian women are cheap) letter published in Forum Keadilan, No. 8/IV/1995. As a native Indonesian, I disagree with how the writer assesses Indonesian women.