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Fri, 04 Jun 1999
Downward trend in interest rates likely to continue
Downward trend in interest rates likely to continue JAKARTA (JP): Bank interest rates have declined sharply over the past two months and based on the economy's promising outlook, analysts believe the trend will continue.
Thu, 13 Nov 1997
ANRPC urges members to increase demand
ANRPC urges members to increase demand COLOMBO (Reuters): An international eight-nation grouping of rubber producing countries yesterday expressed concern over the decline of prices over the last two years and urged its member countries to take corrective measures.
Fri, 03 Aug 2001
Sampoerna's ratings upgraded by S&P
Sampoerna's ratings upgraded by S&P HONG KONG (Reuters): Indonesian cigarette maker PT HM Sampoerna saw its credit rating boosted above that of sovereign risk on Thursday, but ratings agency Standard & Poor's said its rare move was unlikely to be repeated elsewhere in the country.
Mon, 12 Nov 2001
How safe for your brain is your cellphone?
How safe for your brain is your cellphone?Zatni Arbi, Columnist, Jakarta Cellphone users have long been wondering about how safe the device is. They have heard stories about brain cancer, suspected to have been caused by prolonged use of cellphones.
Sun, 09 Jan 2011
The World's Beating a Path to Bali's Doorstep
Bali by the Numbers: Best Year Ever as Bali will End 2010 with Almost 2.5 million Foreign Visitors.Foreign tourist arrivals to Bali for November 2010 totaled 194,152 an improvement of 18.72% over November 2019.
Tue, 30 Dec 2003
Election security arrangement inked
Election security arrangement inkedAbdul Khalik, The Jakarta Post, Jakarta The National Police and the 24 political parties eligible to contest the 2004 elections signed on Monday a memorandum of understanding to secure the polls and settle problems peacefully.
Mon, 05 Nov 2001
Bank mergers easier on paper than done: Experts
Bank mergers easier on paper than done: ExpertsBerni K. Moestafa, The Jakarta Post, Jakarta The government's plan to push ahead with the consolidation of the banking industry was long overdue, an expert said, but warned its implementation must follow tight scrutiny to avoid ending up with fewer yet...
Sat, 05 Apr 2003
Surabaya council elects new chairman from PDI-P
Surabaya council elects new chairman from PDI-PResi Fadjar Himawanti, The Jakarta Post, Surabaya The Surabaya city council on Friday elected a faction member from the Indonesian Democratic Party of Struggle (PDI Perjuangan) as their new chairman, filling the post left vacant when his predecessor...
Mon, 02 Aug 1999
Over 100 missing in Philippine ferry tragedy
Over 100 missing in Philippine ferry tragedy CEBU, Philippines (Agencies): Three people were killed and over 100 are missing after a Philippine ferry caught fire at sea in the latest tragedy to hit a country with a long record of maritime disasters, officials said on Sunday.
Fri, 13 Oct 2000
Malaysia's palm oil futures drop again
Malaysia's palm oil futures drop again KUALA LUMPUR (Reuters): The selldown in Malaysian palm oil futures continued for a second day on Thursday, with dealers saying there was no positive news to halt the market slide on worries of oversupply and weak exports.
Mon, 01 Nov 1999
End of an episode
End of an episode East Timorese independence leader Jose Alexandre "Xanana" Gusmao could not have put it better. Paying a brief visit to see off the last Indonesian Military (TNI) contingent in East Timor as the soldiers were making preparations for their flight home from Dili airport during the...
Fri, 12 Sep 1997
Soeharto sees rupiah close to equilibrium
Soeharto sees rupiah close to equilibrium JAKARTA (JP): President Soeharto predicted the rupiah would stabilize this month at a new market equilibrium, State Minister of National Development Planning Ginandjar Kartasasmita said yesterday.
Fri, 22 Nov 2002
RI, U.S. plan bilateral free trade pact
RI, U.S. plan bilateral free trade pactRendi A. Witular, The Jakarta Post, Nusa Dua, Bali Indonesia and the United States took the first step towards tearing down each others' trade barriers, as senior officials from both countries decided on Thursday to study the possibility against the backdrop...
Fri, 27 May 2005
Koizumi 'insensitive' to neighbors
Koizumi 'insensitive' to neighborsYan Xizao, China Daily, Asia News Network, Beijing So it looks as if Chinese Vice-Premier Wu Yi's abrupt cancellation of a meeting with Japanese Prime Minister Junichiro Koizumi and her subsequent departure have rather bewildered her hosts.
Sat, 03 Dec 2005
Lawmakers urge ASEAN leaders to get tough with Myanmar
Lawmakers urge ASEAN leaders to get tough with MyanmarSean Yoong, Associated Press/Kuala Lumpur Southeast Asian lawmakers urged their governments on Friday to stop being polite to Myanmar at an upcoming regional summit and end a policy of not meddling in the military-ruled government's internal...
Wed, 29 Aug 2007
Rising investment
From the Economist Intelligence Unit ViewsWireWhy is Indonesia attracting investors?Foreign investment in Indonesia has risen sharply, but there are renewed concerns about the country's investor-friendliness following the release in June of revised foreign ownership limits.
Wed, 21 Feb 2001
Oil holds steady bracing for possible OPEC cut
Oil holds steady bracing for possible OPEC cut LONDON (Reuters): Oil prices held firm on Tuesday amid growing expectations that the OPEC cartel could curb supplies again.London's Brent crude futures for April delivery traded one cent lower at US$27.30 a barrel. U.S.
Thu, 20 Apr 1995
Ramos dismisses threat of war with China
Ramos dismisses threat of war with China MANILA (Agencies): Philippine President Fidel Ramos dismissed yesterday reports of a potential war with China over the disputed Spratlys islands, and reiterated his commitment to a peaceful resolution of the row.
Tue, 05 Jun 2001
Asian currencies mostly down late
Asian currencies mostly down late TOKYO (Dow Jones): Asian currencies were mostly lower against the dollar late Monday as most felt a mild drag from a slightly weaker yen.The currencies that bucked the trend were the Thai baht, which rose slightly on the new central bank governor's hints of higher...
Tue, 17 Feb 2009
Oil investment in weak market
The US$14 billion oil and natural gas mining contractors plan to spend this year on exploration and production development would not generate a lot of new jobs, which we badly needs, as the country is widely predicted to suffer from a steep economic downturn, with a projected growth rate as low as...
Wed, 27 Apr 1994
Li Peng draws
Li Peng draws Kazakhstan protest ALMA-ATA (Reuter): Premier Li Peng drew the first open protest of his landmark tour of Central Asia and Kazakhstan yesterday, as activists slammed China's nuclear tests near this region's border.
Thu, 29 Jan 1998
'Sri' movie may signal coming of artistic wave
'Sri' movie may signal coming of artistic waveBy Rayya Makarim JAKARTA (JP): Amid Hollywood blockbusters, trendy sinetron teleserials and the far from resolved monetary crisis, this year is surprising us with yet another awakening of the Indonesian film industry.
Fri, 21 Nov 2003
Diplomatic mission to be trimmed
Diplomatic mission to be trimmedFabiola Desy Unidjaja, The Jakarta Post, Jakarta The government is planning to reduce the number of the country's representative offices around the globe in an effort to enhance the performance of its diplomatic missions.
Sat, 13 Jan 2001
Don't panic over U.S. slowdown, Koehler tells Asia
Don't panic over U.S. slowdown, Koehler tells Asia TOKYO (Reuters): The head of the International Monetary Fund (IMF) advised Asia not to panic about the slowdown in the U.S. economy, saying it would not lead to a repeat of the region's gut-wrenching 1997 financial crisis.
Thu, 15 Sep 2005
Rupiah ends higher to continue recovery
Rupiah ends higher to continue recoveryDow Jones, JakartaThe rupiah continued recovering on Wednesday as foreign investors exchanged dollars to settle their recent purchases of local bonds, dealers said.The dollar dipped briefly below the Rp 10,000 mark earlier in the day, touching Rp 9,990.
Wed, 17 Dec 2003
Nine officials quizzed over runaway train
Nine officials quizzed over runaway trainYuli Tri Suwarni, The Jakarta Post, Bandung State-owned railway company PT KAI said on Tuesday nine employees were being questioned in relation to a recent accident involving a train that rolled without a driver for up to 50 kilometers into the center of the...
Mon, 12 Feb 2001
Residents return as Merapi calms
Residents return as Merapi calms YOGYAKARTA (JP): Residents living at the foot of Mount Merapi have suspended plans to evacuate their homes after the volcano on Sunday showed only minor signs of the potential fury which had been so evident a day earlier.
Sat, 28 Mar 1998
A chance for Indonesia
A chance for Indonesia The markets have waited for months to see which way the cat will jump in Indonesia. Opportunities were frittered away and the situation today is now worse that it was two months ago.
Wed, 04 Feb 2004
RI embassy in Canberra bugged: House members
RI embassy in Canberra bugged: House membersKurniawan Hari and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Relations between Indonesia and Australia have been put to another test after the House of Representatives accused Australia of bugging the Indonesian Embassy in Canberra.
Sat, 09 Feb 2002
New clues discovered in Gafur bribery case
New clues discovered in Gafur bribery caseThe Jakarta Post, Jakarta Police have said that a number of witnesses are willing to provide startling new testimony in the bribery scandal involving North Maluku's governor-elect Abdul Gafur, who has been charged with bribing fellow legislators to elect...
Tue, 04 Jan 2005
Susilo opens 2005 trading in quiet bourse
Susilo opens 2005 trading in quiet bourseRendi A. Witular, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono made his first visit to the Jakarta Stock Exchange (JSX) on Monday to open trading for the new year while most brokers were still on holiday.
Thu, 30 Oct 1997
OPEC president sees oil quota unchanged
OPEC president sees oil quota unchanged TOKYO (Reuters): Oil traders can expect business as usual next month at the OPEC meeting in Jakarta, with a likely roll-over of its production quota, the group's president said yesterday."I don't expect there will be an increase in Jakarta.
Tue, 10 Feb 2009
Kadin Says US Stimulus Plan Will Have Minor Impact on Indonesian Exports
The proposed US government stimulus package, which includes some measures that may limit trade, is not expected to have a major impact on Indonesian exports, Sofyan Wanandi, deputy advisory chairman of the Indonesian Chamber of Commerce and Industry, or Kadin, said on Monday.
Fri, 19 Apr 1996
KL opens door to foreign state banks
KL opens door to foreign state banks KUALA LUMPUR (Reuter): New legislation will allow foreign state-owned banks to set up in Malaysia for the first time in years, but a ban on new privately-owned foreign banks will stay, Deputy Prime Minister Anwar Ibrahim said yesterday.
Tue, 05 Nov 2002
RI waiting for a new 'messiah'
RI waiting for a new 'messiah'Satish Mishra, Head United Nations Support Facility for Indonesian Recovery, Jakarta, satish.mishra@undp.org If we cannot go back in time, we must go forward. If we do not, the present will devour the future.
Thu, 22 Jan 1998
IMF: Setting the record straight
IMF: Setting the record straight Despite measures taken and assurances given by the government, the market has not responded in a positive manner to the steps taken so far to ease the current economic crisis.
Thu, 15 Sep 2005
Rupiah ends higher as foreigners sell dollars
Rupiah ends higher as foreigners sell dollars Dow Jones Jakarta The rupiah continued recovering on Wednesday as foreign investors exchanged dollars to settle their recent purchases of local bonds, dealers said. The dollar dipped briefly below the Rp 10,000 mark earlier in the day, touching Rp 9,990.
Thu, 15 Sep 2005
Rupiah ends higher as foreigners sell dollars
Rupiah ends higher as foreigners sell dollars Dow Jones Jakarta The rupiah continued recovering on Wednesday as foreign investors exchanged dollars to settle their recent purchases of local bonds, dealers said. The dollar dipped briefly below the Rp 10,000 mark earlier in the day, touching Rp 9,990.
Mon, 16 Mar 1998
Cabinet lineup casts shadow on stock trading
Cabinet lineup casts shadow on stock trading JAKARTA (JP): The announcement of the much-awaited cabinet lineup by President Soeharto on the weekend will cast a shadow on local stock trading this week, stock analysts said.
Mon, 06 Nov 2000
Talk against Gelbard should reduce
Talk against Gelbard should reduce JAKARTA (JP): Senior observers urged a toning down of rhetoric against Ambassador Robert Gelbard despite his shortcomings as the coming United States presidential election may signal the end of the American envoy anyway.
Wed, 17 Sep 1997
Rupiah, stocks fall on riots, regional weakness
Rupiah, stocks fall on riots, regional weakness JAKARTA (JP): The rupiah and local stock prices weakened yesterday despite the government's announcement on project rescheduling, dealers and brokers said.
Fri, 21 Mar 1997
Malaysia avoids uglier row with Singapore
Malaysia avoids uglier row with SingaporeBy Jacqueline Wong SINGAPORE (Reuter): Malaysia's acceptance of Singapore elder statesman Lee Kuan Yew's apology for a critical remark showed there was little to be gained from a protracted diplomatic feud, analysts said on Wednesday.
Tue, 21 Dec 2004
JP/13/Bapepa
JP/13/Bapepa Bapepam to probe securities firms linked to Global Rendi A. Witular The Jakarta Post/JakartaThe Capital Market Supervisory Agency (Bapepam) is planning to investigate five securities houses over their involvement in helping executives of troubled Bank Global Internasional to falsely...
Sat, 13 Dec 1997
Aid to Korea should be raised to $100b: Analysts
Aid to Korea should be raised to $100b: Analysts SINGAPORE (Reuters): The International Monetary Fund's (IMF) US$57 billion aid package for South Korea is not nearly big enough to plug Seoul's vast short-term debt gap and needs to be substantially increased, analysts said yesterday.
Sat, 21 May 2005
Crude oil over US$47 a barrel as OPEC warns of output cut
Crude oil over US$47 a barrel as OPEC warns of output cutAssociated Press, Vienna Crude futures rose on Friday after the president of the Organization of Petroleum Exporting Countries (OPEC) said the group might cut output at its June meeting if stocks continue to build.
Mon, 21 Jan 2002
Jakarta stock market seen active but a bit cautious
Jakarta stock market seen active but a bit cautiousDadan Wijaksana, The Jakarta Post, Jakarta The Jakarta stock market is expected to remain bullish this week, although not be as active as it was over the past three weeks, which have seen the Composite Index jumping by nine percent, analysts...
Tue, 21 Dec 2004
Bapepam to probe firms linked to Global
Bapepam to probe firms linked to GlobalRendi A. Witular, The Jakarta Post, JakartaThe Capital Market Supervisory Agency (Bapepam) is planning to investigate five securities houses over their involvement in helping executives of troubled Bank Global Internasional to falsely inflate the bank's...
Fri, 15 Nov 2002
RI to speed up ratification of ASEAN haze accord
RI to speed up ratification of ASEAN haze accordMoch. N. Kurniawan, The Jakarta Post, Jakarta The government and the House of Representatives (DPR) agreed on Thursday to speed up preparations for the ratification of an Association of Southeast Asian Nations (ASEAN) accord to tackle the annual...
Tue, 16 Dec 1997
Govt urged to improve credibility
Govt urged to improve credibility JAKARTA (JP): World Bank country director for Indonesia Dennis de Tray urged the government and private sectors again yesterday to provide credible information to help restore public confidence in the country's economy.
Sat, 03 Jun 2000
BPS reports continued upward trend in exports
BPS reports continued upward trend in exports JAKARTA (JP): The upward trend in exports continued in April, according to the Central Bureau of Statistics (BPS), indicating that the economy is still recovering.Newly appointed BPS chief Soedarti Surbakti said April's exports increased by 0.