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 18,584 articles

33% cut in number of airport taxis

33% cut in number of airport taxis JAKARTA (JP): The management of Soekarno-Hatta International Airport has announced its plan to reduce the number of taxis serving the airport from 3,000 to 2,000 as of next month.

Soeharto cancels KL summit trip

Soeharto cancels KL summit trip JAKARTA (JP): President Soeharto has canceled his trip to Kuala Lumpur for the 30th commemorative summit of the Association of South East Asian Nations (ASEAN) next week.

Annan to visit Malaysia

Annan to visit Malaysia KUALA LUMPUR (AFP): United Nations Secretary-General Kofi Annan will arrive here tomorrow for a four-day visit, coinciding with an East Asian summit, reports said yesterday.Annan, accompanied by his wife and UN officials, is scheduled to meet Malaysian King Tuanku Jaa'far...

Try laments RI's human resources

Try laments RI's human resources JAKARTA (JP): Vice President Try Sutrisno expressed concern yesterday about the worrisome quality of Indonesia's human resources development.Citing a 1997 United Nations Development Program report on human development, Try said Indonesia ranked only 99th out of 175...

Two Indonesian VJs rise from pack to 'MTV' screens

Two Indonesian VJs rise from pack to 'MTV' screensBy Yogita Tahil Ramani and Edith Hartanto JAKARTA (JP): A bevy of beautiful women dance and jiggle in white, short T-shirts. As the Spice Girls blare out girl power commands to "shake it to the left, shake it to the right", the eight dancers...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Impressions of Indonesia by Hetty Ansing at the Nusantara Gallery, Jl. Arteri Raya, Paradiso Executive Complex, Central Jakarta, until Jan. 10. * Painting Exhibition: Nuansa Cakrawala, by Rieta Yoedho, A. Malik A., Emily D.

Khatami wins boost from Islamic summit

Khatami wins boost from Islamic summitBy Paul Taylor TEHRAN (Reuters): An Islamic summit in Tehran gave a strong boost to Iran's new President Mohammad Khatami and showed Iranians the welcome they can expect on the world stage if they eschew harsh anti-Western rhetoric.

What's wrong with Indonesian films?

What's wrong with Indonesian films?From MerdekaThe Indonesian film world is seriously sick and there is no remedy for it. It is in very poor condition and awakes only occasionally. The question is how for long will it be sick? When will it be healthy?Actually the national film industries of other...

Bridgestone may raise tire prices 30% next year

Bridgestone may raise tire prices 30% next year JAKARTA (JP): PT Bridgestone Tire Indonesia said yesterday it may have to raise the price of its products 30 percent next year to meet increasing production costs.The tire company's marketing director, H.

Bank Lippo receives ISO 9001

Bank Lippo receives ISO 9001 JAKARTA (JP): Publicly listed Bank Lippo of the widely diversified Lippo Group has received the ISO 9001 certificate for the quality of its automatic telling machinery (ATM) system and its data center operations.

Reality bites for 'MTV' video jockeys

Reality bites for 'MTV' video jockeys JAKARTA (JP): Say video jockey, and several thoughts come to mind -- a gabbing cutie on TV, Donna Karan leather jackets and Manolo Blahniks, a bespectacled music buff, money, a great social life, designer Mickey Mouse goggles or a Spice Girls' interview.

Thailand not to seek easing of IMF conditions

Thailand not to seek easing of IMF conditions BANGKOK (AFP): Premier Chuan Leekpai has vowed Bangkok would not seek an easing of its IMF bailout conditions, despite Thai currency and stock markets receiving another beating, a report said yesterday.

Lippo Securities' profit surges to Rp 236 billion

Lippo Securities' profit surges to Rp 236 billion JAKARTA (JP): Publicly listed securities firm PT Lippo Securities announced yesterday that its consolidated operating profit surged 600 percent to Rp 236 billion (US$52.44 million) in the first nine months of this year.

Police confiscate 70 kg of marijuana from ship passenger

Police confiscate 70 kg of marijuana from ship passenger JAKARTA (JP): Tanjung Priok Port Police arrested a ship passenger arriving from Medan, North Sumatra, for allegedly possessing 70 kilograms of marijuana, police said.The port police chief, Lt. Col.

Former employee deceives workers

Former employee deceives workers JAKARTA (JP): Police have arrested a former employee of state- owned telecommunications firm PT Telkom office in Jakarta for deceiving at least 13 would-be job applicants, a Telkom executive said yesterday.Deputy head of the Jakarta office Jimmy R.

Guard killed while patrolling factory

Guard killed while patrolling factory JAKARTA (JP): A security guard for a factory in Bekasi was found dead early yesterday with at least eight stab wounds in his body, a police officer said.Second Lt. Saut Gultom of Bekasi Police precinct said that Sunarto, 45, was killed by a group of people, who...

PPP to select would-be leaders

PPP to select would-be leaders JAKARTA (JP): The United Development Party (PPP) has promised it will carefully select presidential and vice presidential candidates for 1998/2003 and will name only deserving people to be brought to the People's Consultative Assembly next March.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec.12, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 650 -100 8,500 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 175 -50 5,878,500 Alumindo...

ABRI won't tolerate voting, walkouts

ABRI won't tolerate voting, walkouts BANDUNG (JP): The Armed Forces forewarned yesterday those seeking to disrupt March's People's General Assembly (MPR) by "excessive" interruptions, walking out of meetings, or taking votes.Armed Forces (ABRI) Commander Gen.

RI one of the cheapest business locations

RI one of the cheapest business locations LONDON (AFP): Thailand, Malaysia and Indonesia, three economies that have been ravaged by the financial turmoil, are among the world's most inexpensive business locations, the Economist Intelligence Unit (EIU) said.

Mar'ie and Rubin discuss RI's IMF package

Mar'ie and Rubin discuss RI's IMF package WASHINGTON (AP): U.S. Treasury Secretary Robert Rubin and Indonesian Finance Minister Mar'ie Muhammad on Thursday discussed implementation of a US$23 billion rescue package the IMF arranged for Indonesia in October.

Hardships prompt citizens to pawn their valuables

Hardships prompt citizens to pawn their valuables JAKARTA (JP): The number of people hocking their belongings at state-run pawnshops in the city has skyrocketed in the lead up to the festive season, an official said yesterday.

Japanese divers go missing

Japanese divers go missing UJUNGPANDANG, South Sulawesi: Police are still searching the waters for five Japanese and one Indonesian diver missing after a dive near Betang Island yesterday afternoon.The divers were reported missing in the afternoon, lost on their second dive of the day yesterday,...

UN member reports on E. Timor visit

UN member reports on E. Timor visit DILI, East Timor: A visiting member of the United Nations subcommission on the prevention of discrimination and protection of minorities, Miguel Alfonso Martinez, called yesterday for a realistic view of East Timor.

Recent incidents of unrest 'not caused by religious conflict'

Recent incidents of unrest 'not caused by religious conflict' YOGYAKARTA (JP): Leading sociologist Loekman Soetrisno has disclaimed the notion that incidents of unrest in Indonesia over the past few years were sparked by religious conflict.

Use of Jamsostek funds

Use of Jamsostek fundsFrom KompasThere is much news doing the rounds on the use of Jamsostek (state-owned social security company) funds: the money deposited at BTN has been used for financing the repatriation of women workers abroad and lately it has been used to "bribe" the DPR (House of...

Slaughterhouse blackout slammed

Slaughterhouse blackout slammed TANGERANG (JP): The Tangerang regency office has protested to state-owned electricity company PLN about it disconnecting the power supply to a pig slaughterhouse operated by the regency in Batuceper district.

Faldo, Parnevik retains joint lead in Super Tour

Faldo, Parnevik retains joint lead in Super TourBy Robert Soelistyo BANGKOK (JP): Playing under bright blue skies, the Johnnie Walker Super Tour's second round saw overnight joint leaders Nick Faldo of England and Sweden's Jesper Parnevik retain top spot after they each shot a 71 here yesterday.

OIC condemns terrorism and Israel as Tehran summit ends

OIC condemns terrorism and Israel as Tehran summit ends TEHRAN (AFP): Moslem leaders condemned Israel yesterday as a "terrorist state," demanded the surrender of all occupied Arab land and defied a U.S. law banning oil and gas investment in Iran and Libya.

Satelindo's third Palapa satellite ready in 2 years

Satelindo's third Palapa satellite ready in 2 years JIMBARAN, Bali (JP): PT Satelindo, the private telecommunications operator, is planning to launch its third satellite system -- Palapa C3 -- within the next two years.

Justice must be upheld

Justice must be upheld Ever since my first visit to Jakarta in 1975 I have appreciated the continued improvement of your journal -- in its content, its language, its appearance, its frankness and boldness.On Dec.

District court rejects lawsuit against Soerjadi

District court rejects lawsuit against Soerjadi JAKARTA (JP): The Central Jakarta District Court rejected yesterday a lawsuit accusing the chairman of the Indonesian Democratic Party (PDI) Soerjadi, his cadres and the government of being responsible for the July 27, 1996, takeover of the PDI...

Mental switch a must for better ministry: Official

Mental switch a must for better ministry: Official JAKARTA (JP): The foreign ministry must increase its standards of professionalism and internal coordination to further enhance its performance, a senior ministry official said here yesterday.

Asian bourses shaken by S. Korean crisis

Asian bourses shaken by S. Korean crisis HONG KONG (AFP): Stock markets across Asia plummeted yesterday as already shaky investors cashed out on South Korea's deepening financial turmoil and fresh weakness in regional currencies.

Hospital receives ISO 9002

Hospital receives ISO 9002 JAKARTA (JP): Privately run Mitra Keluarga Hospital has been awarded with the ISO 9002 for meeting international quality health care standards.The East Jakarta hospital is the first Indonesian hospital to receive the international certification.

Students burn police stations

Students burn police stations JAKARTA (JP): Thousands of students of Haluoleo University in Kendari, Southeast Sulawesi burned three police posts and attacked another yesterday in retaliation against police mistreatment of their friends.

Baligraha's stock price set at Rp 500 per share

Baligraha's stock price set at Rp 500 per share JAKARTA (JP): PT Baligraha Medikatama, operator of the privately run Graha Medika Hospital, will sell its shares at a par value of Rp 500 (11 US cents) in its initial public offering in January.

No big bashes at hotels, but discounts aplenty

No big bashes at hotels, but discounts aplenty JAKARTA (JP): Do not expect to dance the night away or count down the New Year, followed by a raucous rendition of auld lang syne, as it will be a subdued affair this year.

Lippo Cikarang profit up

Lippo Cikarang profit up JAKARTA (JP): Publicly listed property developer PT Lippo Cikarang of the widely diversified Lippo Group posted a net profit of Rp 76.4 billion (US$19.10 million) as of June this year, a 13.5 percent increase from Rp 67.3 billion in the corresponding period last year.

Most Irian Jaya relief funds spent on transportation

Most Irian Jaya relief funds spent on transportation JAKARTA (JP): The government has spent Rp 200 billion (US$46 million) on relief operations to drought-hit Irian Jaya, State Minister of National Development Planning Ginandjar Kartasasmita said yesterday.

Scholars scold ulemas for dabbling in politics

Scholars scold ulemas for dabbling in politics SURABAYA (JP): Leading Moslem scholars have criticized a group of fellow ulemas who recently named 10 people they deemed as vice presidential material, calling it a dangerous political maneuver.

Rate hike cheers phone operators

Rate hike cheers phone operators JIMBARAN, Bali (JP): Despite possible objections from the public and consumer bodies, mobile phone operators are happy with the government's plan to raise cellular phone tariffs 10 percent starting January.

Police chief defends arrest of prosecutors

Police chief defends arrest of prosecutors DEPOK (JP): National Police chief Gen. Dibyo Widodo defended yesterday the arrest and questioning of prosecutors and employees of the Jakarta Provincial Prosecutor's Office.

Moslems encouraged to inspire civil society

Moslems encouraged to inspire civil society JAKARTA (JP): Disunity has held back Indonesian Moslems from becoming the driving force in forming a civil society in the country, a political observer said yesterday.

KL summit to focus on Asian financial woes

KL summit to focus on Asian financial woes KUALA LUMPUR (Reuters): Financial upheaval will dominate discussions next week involving the leaders of a dozen Asian nations including China, Japan and three recipients of bailout packages worth more than US$100 billion.

IBF to stage first Super Series in 1999

IBF to stage first Super Series in 1999 JAKARTA (JP): The International Badminton Federation plans to stage its first Super Series in 1999 but has yet to decide which countries will host the event.IBF vice president, Dato Punch Gunalan, said yesterday that the federation had written to all Grand...

Pulp, paper prices soft

Pulp, paper prices soft NEW YORK (Reuters): Asia Pulp & Paper Co on Wednesday said inventory corrections in Asia had resulted in relatively soft market pulp and commodity papers prices, but that demand was generally meeting expectations.

Play on Marsinah staged in Padang

Play on Marsinah staged in Padang PADANG, West Sumatra: A play on slain labor leader Marsinah that had been banned twice in the past two weeks, was staged without a glitch Wednesday at the closing of a national meeting of literary figures, Antara reported.

Exporters told to focus on U.S., EU

Exporters told to focus on U.S., EU JAKARTA (JP): Indonesian export companies should focus on the expanding United States and the European Union markets, says an economist.Dorodjatun Kuntjorojakti, a senior economist at the University of Indonesia, told members of the Chamber of Commerce and...

Smaller state budget expected

Smaller state budget expected JAKARTA (JP): The government is preparing a state budget which will likely be smaller than previous years as a result of the financial crisis afflicting the country.State Minister of National Development Planning Ginandjar Kartasasmita revealed yesterday that the next...