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

W. Java to host 250cc motorcross meet

W. Java to host 250cc motorcross meet JAKARTA (JP): Preparations are underway at the Jatinangor circuit, West Java, for the 12th leg of the world 250cc motorcross championship from Aug. 2 to Aug. 3.Organizer Helmy Sungkar said Tuesday: "We are still working on the circuit and hopefully it will be...

Property oversupply weighs on Asian stocks

Property oversupply weighs on Asian stocks HONG KONG (Reuter): Property oversupply in Southeast Asia and Thailand's economic woes are weighing on the region's stock markets, preventing them benefiting much from strong U.S. markets, experts said yesterday.

Patent protection system application

Patent protection system application Indonesia revised last month its copyright, trademark and patent laws to conform with the Agreement on Trade-Related Aspects of the Intellectual Property Rights (TRIPs) of the Geneva-based World Trade Organization.

Malaysia's power giant secures tariffs, subsidy

Malaysia's power giant secures tariffs, subsidy KUALA LUMPUR (AFP): Malaysia's power giant Tenaga Nasional Bhd. yesterday secured an earnings boost when the government approved an eight-percent rise in electricity tariffs despite consumer opposition.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Horison Hotel, Jl. Pelajar Pejuang 45 No. 121, Maskumambang 8 Buah Batu: - Spec's Music Lounge and Karaoke, at 7 p.m. to 2 a.m., P&P Band and Flower Power Band, Wednesday, Saturday. Organist and Singer, daily.

Political parties told to quit convoy of vehicles

Political parties told to quit convoy of vehicles JAKARTA (JP): The Armed Forces (ABRI) said yesterday it was holding the three general election contestants' leaders accountable for the illegal, massive street rallies that have congested traffic and caused one fatality.ABRI spokesman Brig. Gen.

Golkar supporters rally in the streets

Golkar supporters rally in the streets JAKARTA (JP): Golkar supporters could not fail the temptation to rally in the streets of the capital and elsewhere in Java yesterday in an obvious breach of the election campaigning rules.

Supermarkets in regencies

Supermarkets in regencies We would like to thank you for your recent coverage of our company (April 28, 1997) under the title, Matahari to open outlets in six regencies.However, in our opinion, the article contained some misleading parts which have created a negative image of Matahari.

Share prices gain ground

Share prices gain ground JAKARTA (JP): The Jakarta stock market gained ground yesterday as the JSX composite index rose 4.82 points to 652.05.Turnover was worth Rp 444.14 billion (US$185.05 million) as 224,83 million shares were traded.

Tommy marries his dream girl

Tommy marries his dream girl JAKARTA (JP): President Soeharto's youngest son Hutomo Mandala Putra, or Tommy as he is widely known, was married yesterday in a stylish ceremony that combined traditional Javanese regalia and Islamic ritual.

Election jitters grip businesses, says Sofyan

Election jitters grip businesses, says Sofyan JAKARTA (JP): Leading businessman Sofyan Wanandi described yesterday the May 29 general election as Indonesia's "most critical", and admitted that local businesses are jittery.

What's the independent poll watchdog doing now?

What's the independent poll watchdog doing now?By Yenni Kwok JAKARTA (JP): Very often, the word "independent" means that the Independent Election Monitoring Committee (KIPP) has to work underground as if it was an outlawed organization.

Rivalry appeases around table

Rivalry appeases around table PONTIANAK, West Kalimantan: Arch rivalry between the three election contenders here has turned into night-long chats between friends.Faisal Urai of the United Development Party (PPP), Said Alkadrie of Golkar and Darwis Abubakar of the Indonesian Democratic Party (PDI)...

Bina Graha donates nut seeds

Bina Graha donates nut seeds PALU, Central Sulawesi: The Bina Graha presidential office in Jakarta will provide superior quality cashew nut seeds to farmers in the Banggai Islands, Central Sulawesi, in a bid to increase smallholder crop production.

Jakarta office rentals expected to increase

Jakarta office rentals expected to increase JAKARTA (JP): Jakarta office rentals have begun to increase with A-grade prime rental space averaging US$15 a square meter a month for tenants occupying units of less than 500 square meters.

Fire inflicts Rp 1m in losses

Fire inflicts Rp 1m in losses CILACAP, Central Java: A fire destroyed a three-story electronic goods shop on Jl. Raya Diponegoro here, causing Rp 1 million in losses. No fatalities were reported.Eyewitnesses said the fire started about 7 p.m.

PSSI to decide fate of Danurwindo today

PSSI to decide fate of Danurwindo today JAKARTA (JP): The Indonesian Football Association (PSSI) will meet today to decide whether to replace Danurwindo as national coach.A PSSI source said yesterday the association's technical director, Nirwan Bakrie, would issue a statement on Danurwindo and...

Raising PPP flag turns deadly

Raising PPP flag turns deadly KLATEN, Central Java: A man fell to his death from the top of a tree Monday when raising a United Development Party (PPP) flag on a bamboo pole, police said yesterday.The staunch PPP supporter, Lestari, 20, came crashing down after the wet pole he was holding touched a...

Megaproject

Megaproject I'd like to comment on the letter Mamberamo project by Mr. Dominggus Mompioper (April 19, 1997).My attention was first aroused when Mr. Dominggus quoted Minister of Research and Technology B.J.

PDI runs out of money

PDI runs out of money PALANGKARAYA, Central Kalimantan: The local Indonesian Democratic Party (PDI) chapter has run out of money on the third day of campaigning.Local PDI officials are uncertain if they can continue their campaign now that the party's coffers are empty.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Performance: Pelangi Budaya 5:00 Arabic Lessons 5:25 Variety Show: Jendela Dunia 5:55 Music 6:00 News:...

Smooth succession

Smooth successionFrom JayakartaThe succession issue is drawing greater attention especially when the general election is just around the corner. The fact is that the present president is getting older, even though many believe he is still strong enough to maintain his post.

Ericsson eyes lucrative Asian market

Ericsson eyes lucrative Asian market SINGAPORE (Reuter): Swedish telecommunications group Ericsson expects good growth of its phone systems and mobile handphones in Asia over the next few years, senior vice president for Asia Pacific Bo Landin said yesterday.

Sunkyong-Tamara finance

Sunkyong-Tamara finance SEOUL (Reuter): South Korea's Sunkyong Ltd said yesterday it has agreed with its sister firm Sunkyong Industry Co. Ltd and two Indonesian banks on a joint venture to set up a multi-finance company in the country.

Government urges insurance mergers

Government urges insurance mergers JAKARTA (JP): The government has called on domestic insurance firms to merge to increase their capital and strengthen their international competitiveness.The Ministry of Finance's insurance director, Suyoto, said yesterday Indonesian insurance companies should win...

An ASEAN quandary

An ASEAN quandary Within the next 100 days, the seven foreign ministers of the ASEAN members will decide whether to enlarge their group to 10. The current belief is that they will vote in late July to admit Myanmar, Cambodia and Laos.

RP scrambles jets over Chinese Spratly intrusion

RP scrambles jets over Chinese Spratly intrusion MANILA (Agencies): The Philippines scrambled its aging jets for patrol missions to the disputed Spratlys and demanded an explanation from Beijing yesterday after armed Chinese ships were seen near two Filipino-held islands, officials said.

Lippo eyes RP bank

Lippo eyes RP bank MANILA (AFP): Lippo Group of Indonesia has offered to buy a majority stake in ailing Philippine thrift bank Monte de Piedad and Savings Bank, authorities said yesterday.The group would inject capital of one billion pesos (US$38.

Hundreds of people leave PDI campaign

Hundreds of people leave PDI campaign UJUNGPANDANG, South Sulawesi (JP): An indoor election campaign organized by the government-recognized Indonesian Democratic Party (PDI) faction was abandoned by hundreds of the party's supporters here yesterday.

Ometraco's profit up 22%

Ometraco's profit up 22% JAKARTA (JP): Publicly listed conglomerate PT Ometraco Corporation's 1996 net rose 22 percent from Rp 54.4 billion in 1995 to Rp 66.3 billion (US$27.3 million) last year.The company's financial services division contributed most of the profit growth with a 77 percent...

Children are our future

Children are our future An article tucked in the inside page of yesterday's Kompas daily newspaper was hardly surprising, yet it was disturbing nevertheless because it begs us to do something urgent. "Indonesia rated second from bottom in reading and writing scores of primary school pupils", reads...

RI soybean imports up

RI soybean imports up WASHINGTON (Reuter): A U.S. agricultural attache pegged Indonesia 1996/97 soybean imports at 800,000 tonnes, up from a previous estimate of 770,000 tonnes, due to reduced domestic soybean output and higher consumption.

PPP cancels public gathering in Medan

PPP cancels public gathering in Medan JAKARTA (JP): The United Development Party (PPP) canceled its campaign in Medan, North Sumatra yesterday, fearing possible further clashes with supporters of rival political groups.

Chopper makes forced landing

Chopper makes forced landing JAKARTA (JP): Rain and strong winds forced a police helicopter to make an emergency landing on a racecourse in Pamulang, Tangerang, on Monday, police said yesterday.The helicopter was returning from securing first day campaign activities in Jakarta. Pilot Capt.

Lippo triples profit

Lippo triples profit JAKARTA (JP): Publicly listed insurance firm Lippo Life reported a huge increase in pre-tax profit yesterday from Rp 20.1 billion in 1995 to Rp 66 billion (US$27.2 million) last year.Net earnings jumped from Rp 20.1 billion to almost Rp 60 billion last year.

Criminal shot dead

Criminal shot dead JAKARTA (JP): The number of alleged criminals shot dead by police increased when an unemployed man was shot yesterday in Ciracas area, East Jakarta, when he resisted arrest.A police sergeant at the East Jakarta Police precinct said the man, M.S.

Airport chief killed in accident

Airport chief killed in accident DILI: Dili's airport commander, Lt. Col. Daniel Parinding, was killed yesterday when his motorized hang glider crashed.Airport officials said the accident happened at about 9 a.m. when the glider was about 60 meters up in the air.

Cultural diversity must be maintained: Expert

Cultural diversity must be maintained: Expert JAKARTA (JP): The government must preserve cultural diversity and give greater recognition to the achievements of Indonesia's indigenous people in sustainable development, a law professor said.

A UN official for East Timor?

A UN official for East Timor? The International Commission on Human Rights has adopted a resolution calling for the stationing of a UN human rights official in Jakarta. The official's task will be to observe the implementation of human rights in East Timor.

Listed firms's pension funds

Listed firms's pension funds JAKARTA (JP): Only 66 of the 260 companies listed on the Jakarta Stock Exchange have set up pension funds, the Ministry of Finance's director of pension funds, Sophar Lumban Toruan, said Monday.

Military assures safe PDI rally in Surabaya

Military assures safe PDI rally in Surabaya SURABAYA (JP): The military has assured the government- recognized Indonesian Democratic Party that it could hold another campaign here undisturbed.Col. Syamsul Maarif, the city military commander, said yesterday that security measures had been tightened...

Golkar raises antipoverty issue

Golkar raises antipoverty issue JAKARTA (JP): The leaders of the ruling political grouping Golkar spent the third day of the campaign yesterday hammering home poverty alleviation messages.Chairman Harmoko and his colleagues, including State Minister of Environment Sarwono Kusumaatmadja and State...

Sampoerna to launch A International brand

Sampoerna to launch A International brand JAKARTA (JP): Publicly-listed cigarette maker PT Hanjaya Mandala Sampoerna will launch a new brand next month to tap into the growing market for low-nicotine cigarettes.Sampoerna's brand manager, Surja S.

ABRI and govt told to give Internet hackers the chop

ABRI and govt told to give Internet hackers the chop BANDARLAMPUNG (JP): The Armed Forces (ABRI) and the government must actively discourage Portuguese hackers, who have tried to infiltrate the homepages of ABRI and the Ministry of Foreign Affairs, an Internet expert said here yesterday.Onno W.

Holland-Indonesia Trade Information

Holland-Indonesia Trade Information Investments 1993 * 1994 * 1995 * 1996 * ----------------------------------------------------------------- (US$) 311.4 11 165.7 13 360.0 20 1,329.5 27 150 projects -- total value US$10,552.06 commulative from 1967 to 1996.

Businessman reported to police

Businessman reported to police JAKARTA (JP): A businessman told police yesterday that a mineral water company executive had arranged an attack on him.Agus Gunaman, 29, said Alfi Gunawan of PT Ades Alfindo, had ordered an attack on him, in which he was hit on the forehead with a hammer last Saturday.

Rethinking the national car policy

Rethinking the national car policy Japan's decision to take Indonesia's controversial policy on the national car, the Timor, to the World Trade Organization (WTO) panel today has concerned many parties.

Dili's Bishop Belo voices suferings of voiceless people

Dili's Bishop Belo voices suferings of voiceless people JAKARTA (JP): Dili Bishop Carlos Fillipe Ximenes Belo, a 1996 Nobel Peace Prize cowinner, has often spoken out against the suffering of East Timorese and those in other provinces.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaian Band/Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m.

BI reduces its stake in bank PDFCI to 5.9%

BI reduces its stake in bank PDFCI to 5.9% JAKARTA (JP): Bank Indonesia, the central bank, has reduced its stake in Bank PDFCI from 11.62 percent to 5.9 percent.PDFCI's president, Eddie Tong, said after the company's shareholder meeting yesterday that the central bank's stake was cut when it chose...