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

PAS to remain opposition party

PAS to remain opposition party KUALA LUMPUR (Reuter): The fundamentalist Moslem party controlling Malaysia's only opposition-run state said yesterday it could not work together politically with the dominant UMNO party since the groups had different goals.

Government denies plan on nuclear power plant

Government denies plan on nuclear power plant KARAWANG, West Java (JP): State Minister of Research and Technology B.J. Habibie reiterated Thursday that the government had no intention of building a nuclear power plant this year.Habibie said that nuclear would remain the country's last energy resort.

South Sulawesi's firm sells cocoa to Brazil

South Sulawesi's firm sells cocoa to Brazil UJUNG PANDANG, South Sulawesi (JP): South Sulawesi provincial government firm CV Multi Jasa has exported 4,000 tons of cocoa beans worth US$4.6 million to Brazil.

Texmaco set to make PTA in Karawang

Texmaco set to make PTA in Karawang KARAWANG, West Java (JP): Texmaco Group's publicly listed PT Polysindo Eka Perkasa will start making purified terephthalic acid (PTA) by the end of April at its plant in Karawang, West Java.Texmaco's president M.

Soeharto defends big business in cement projects

Soeharto defends big business in cement projects JAKARTA (JP): President Soeharto denied yesterday that he was bias in licensing cement plants and other capital-intensive factories.Speaking in Central Java's southern coastal town of Cilacap, Soeharto said the government was often criticized for...

Stop illegal levies

Stop illegal levies JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo instructed officials of his ministry and executives of state- owned forestry firms Thursday to stop collecting illegal levies as soon as possible.

Telkom extends payment deadline

Telkom extends payment deadline JAKARTA (JP): People in Greater Jakarta can pay their most recent monthly telephone bills by Tuesday without penalty because PT Telkom has delayed its payment deadline by two days.The payment deadline usually falls on the 20th of each month.

Nuansa Klasika group improves its performance

Nuansa Klasika group improves its performanceBy Gus Kairupan JAKARTA (JP): Viola, clarinet, oboe and piano is a combination that has never occurred to any composer before the year 1996. That year saw the birth of the group called Nuansa Klasika (Classical Nuances) in Jakarta, the members of which...

Idul Adha observed on different days

Idul Adha observed on different days JAKARTA (JP): Indonesian Moslems celebrated Idul Adha, Sacrifice Day, on two different days due to different calendar calculations, a fact which did not dampen nationwide festivities.

Lippo Bank California gets US$6m infusion

Lippo Bank California gets US$6m infusion LOS ANGELES (Reuter): Lippo Bank California said on Thursday that it has received an infusion of US$6 million in new capital and the bank established a cost cutting plan to restore it to profitability.

Dutch Rabobank to boost financing in Indonesia

Dutch Rabobank to boost financing in Indonesia SINGAPORE (Reuter): Dutch cooperative Rabobank plans to expand its syndicated loan business in Indonesia in other Southeast Asia's countries to top the US$500 million it posted in 1996, a senior official said on Thursday.

Comfort women threaten suit against minister

Comfort women threaten suit against minister JAKARTA (JP): Almost 250 Yogyakarta World War II comfort women have threatened to sue Minister of Social Services Inten Suweno for accepting Rp 9 billion (US$3.7 million) of compensation from Japan, their lawyer said yesterday.

Megawati supporters sue Soerjadi over takeover

Megawati supporters sue Soerjadi over takeover JAKARTA (JP): Megawati Soekarnoputri supporters are suing the Indonesian Democratic Party's (PDI) government-recognized top executives for ordering the violent takeover of the party's headquarters last year.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 17, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 0 Alumindo Light Metal 1,025 25 288,500 Alumindo...

Amnesty slams UN human rights forum

Amnesty slams UN human rights forum GENEVA (Reuter): The main United Nations human rights forum approached the end of its annual session yesterday having let China off the hook again, but determined to step up investigations in Africa, particularly Nigeria and Zaire.

Police arrest Singaporean

Police arrest Singaporean JAKARTA (JP): Police have arrested a Singaporean man for allegedly possessing more than 2,000 Ecstasy pills at a hotel in West Jakarta.City Police Spokesman Lt. Col. E. Aritonang said, yesterday, that Lo Gin Ang, 38, was arrested on Wednesday afternoon in the lobby of the...

Red Cross seeks direct aid supply to North Korea

Red Cross seeks direct aid supply to North Korea SEOUL (Agencies): Red Cross officials in South Korea yesterday sought talks to speed up food aid to North Korea as diplomats from the United States and the two Koreas prepared to meet again over landmark peace talks.

Rhinos seen in Kalimantan park

Rhinos seen in Kalimantan park SAMARINDA, East Kalimantan: Locals claim to have seen several two-horned rhinoceroses roaming the Kayan Mentarang National Park near the border of East Kalimantan and Malaysia's Sarawak state earlier this week.

UK mission due here

UK mission due here JAKARTA (JP): Representatives of the London Chambers of Commerce and Industry trade mission will visit Indonesia from April 21 to April 25 to explore opportunities of working with Indonesian businesses in a wide range of products and services.

Indonesia's history of finance

Indonesia's history of financeBy David C. Cole and Betty F. Slade Following is the last of two articles dealing with Indonesia's success in building a modern financial system. The first appeared yesterday under the heading Indonesia's modern financial system. CAMBRIDGE, Massachusetts, U.S.

Identity tests begun on Filipino geologist

Identity tests begun on Filipino geologist MANILA, Philippines (AP): Experts began tests yesterday to determine whether a body identified as that of Filipino geologist who jumped out of a helicopter after discovering a disputed gold deposit in Indonesia was actually his.

Zarina's Ecstasy counted

Zarina's Ecstasy counted JAKARTA (JP): For two hours and ten minutes the three judges, the prosecutor, her assistant and court clerks counted 29,677 Ecstasy pills Thursday at the West Jakarta Court.The wanted to assure the public that all the pills seized from the defendant, Zarina Mirafsur, were...

Protestants urge fear-free election

Protestants urge fear-free election JAKARTA (JP): The Protestant community has been told to vote in the upcoming general election without succumbing to pressure, fear or lures from others.The Indonesian Communion of Churches (PGI) said in their recently published white book, obtained by The Jakarta...

Dynaplast's dividend set at Rp 50 a share

Dynaplast's dividend set at Rp 50 a share JAKARTA (JP): The annual shareholders' meeting of the publicly listed Dynaplast yesterday approved a proposal to pay a dividend of Rp 50 (around 2 U.S. cents) per share for 1996.

Probe into Sofjan's case continues

Probe into Sofjan's case continues JAKARTA (JP): The probe into the fatal shooting of the North Jakarta police officer Sofjan Sani continues, with two officers, believed to be the shooters, still being intensively questioned.City Police Chief Maj. Gen.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m., Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m., Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.

Chinese firms eye Central Sulawesi

Chinese firms eye Central Sulawesi JAKARTA (JP): A consortium of Chinese and Hong Kong companies has been exploring possibilities of investing in granite mining in Central Sulawesi, a provincial official said.

I will be vindibated: Bre-X chief

I will be vindibated: Bre-X chief ARLINGTON, Virginia (AP): David Walsh, chairman of Bre-X Minerals Ltd., told USA Today he is not a swindler or foolhardy gold prospector despite the crash of his company's stock after questions were raised about its Indonesian gold holdings.

U.S. banks subpoenaed

U.S. banks subpoenaed WASHINGTON (Reuter): The Senate committee investigating possible wrongdoing in fundraising for President Clinton's re- election campaign said Wednesday it had issued 14 subpoenas for contributors' bank records.The subpoenas went to 14 banks including the Lippo Bank.

BI pursues electronic clearing, joint ATMs

BI pursues electronic clearing, joint ATMs JAKARTA (JP): Bank Indonesia, the central bank, will introduce an electronic clearing system later this year and a single joint Automated Teller Machine (ATM) system next year to improve payment system efficiency.

Vita Daya's power plant

Vita Daya's power plant SEMARANG (JP): PT Vita Daya Harapan plans to build a power plant, with an 100-megawatt (MW) capacity, in Bawen, near Semarang, Central Java.The company, equally owned by PT Van Der Horst Indonesia (VDHI), PT Asia East Power and PT APAC, will spend about US$100 million on the...

Taleban enjoin faithful to celebrate Idul Adha

Taleban enjoin faithful to celebrate Idul Adha KABUL (AP): Helicopter gun ships flew in formation over the war-ravaged capital yesterday as the Moslem faithful gathered for prayer to celebrate the Islamic holy day of Idul Adha.

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.

Minister calls for efficiency to reduce air pollution

Minister calls for efficiency to reduce air pollution JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja called yesterday for efficiency in the production process to minimize urban air pollution.

Homepage on Pancasila

Homepage on Pancasila JAKARTA: The Pancasila Implementation Supervisory Board (BP-7) plans to open a Homepage on Indonesia's Pancasila ideology on the Internet, its chairman said Tuesday."The Homepage aims to disseminate accurate information on Indonesia so Indonesians here and abroad will know how...

Ceramic display at Twilite Cafe

Ceramic display at Twilite Cafe JAKARTA (JP): A ceramics exhibition is on until April 30 at the Galeri Twilite Cafe on Jl. Kemang Raya, South Jakarta.Former minister of environment Emil Salim opened the display of works by the young artist Puti Alifa on Tuesday.

Public warned about suspicious foreigners

Public warned about suspicious foreigners JAKARTA (JP): The public should be wary of suspicious looking foreigners and report them to the authorities, Zaiman Nurmatias, the director of control and supervision at Immigration, said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * Jakarta Hilton International Hotel, Jl. Gatot Subroto: - Lagoon Lounge; Piano live entertainment, open daily, 6 p.m. to 11 p.m. - Pizzaria Restaurant; Ocean Park Band, Wednesday and Thursday. Prospect Band, Sunday, Monday, Tuesday.

Emotional baggage to stick in KL-S'pore ties

Emotional baggage to stick in KL-S'pore tiesBy David Chew SINGAPORE (JP): The diplomatic row between Malaysia and Singapore has tapered off and looks set to end on a quiet note, a stark contrast to its dramatic beginning last month when Singapore Senior Minister Lee Kuan Yew made some disparaging...

Poster painting contest on going

Poster painting contest on going JAKARTA (JP): A poster painting contest for senior high school students is held today at the South Jakarta mayoralty on Jl. Trunojoyo, Kebayoran Baru.Antara reported that the event was organized by the cultural office of the mayoralty.

BI officer testifies in fraud trial

BI officer testifies in fraud trial JAKARTA (JP): A witness in the Rp 7 billion (US$2.9 million) Bank Indonesia fraud trial told the court yesterday that password exchange was common in the Bank's treasury department's cashiers' section.

Fugitive shot in Cengkareng

Fugitive shot in Cengkareng JAKARTA (JP): Police officers yesterday fatally wounded a fugitive and arrested several suspects during a raid in Cengkareng, West Jakarta.The site, a slaughter house on Jl. Peternakan II, is believed to be the hiding place of gang members.

Southeast Asia sets agenda as international marine hub

Southeast Asia sets agenda as international marine hubBy Anil Penna SINGAPORE (AFP): Southeast Asia, known for its crystal clear seas and white beaches, is setting its sights on to becoming a world-class marine leisure playground to rival the Caribbean and the Mediterranean.

Ever Shine Tex to set up new plant

Ever Shine Tex to set up new plant JAKARTA (JP): The integrated textile manufacturer PT Ever Shine Tex has set up a subsidiary, PT Primajuli Sukses, to produce nylon filament yarn.Director of the firm, Erlien Lindawati Surianto, said that Primajuli Sukses would spend around US$25 million to...

UN report cites gap between urban and rural incomes

UN report cites gap between urban and rural incomes JAKARTA (JP): The imbalance between the sectoral share of output and employment is a source of concern in Indonesia as it reflects a rise in the disparity between the income levels of the urban industrial sector and rural agricultural sector,...

More firms apply for mining contracts

More firms apply for mining contracts JAKARTA (JP): More foreign and joint venture companies are applying for contracts of work (COWs) to explore and develop mineral resources in Indonesia, a Ministry of Mines and Energy source said yesterday.

'Kartu Halo'

'Kartu Halo' We refer to the letter published by The Jakarta Post on April 15, 1997 (name and address of the writer withheld), entitled Telkomsel or not Telkomsel.We would like to apologize for the delay in activating your Kartu Halo handphone card and the inconvenience that was caused.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), Monday to Wednesday, 5:30 p.m. to 8 p.m., Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m., Mixed Voices Accapela (Singer) and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.

Govt to issue ruling on mergers

Govt to issue ruling on mergers JAKARTA (JP): The government will issue a ruling on acquisitions, mergers, divestment, joint ventures, restructuring, break-ups and joint operations, the minister of justice, Oetojo Oesman, said yesterday.

Dharmala creates fund

Dharmala creates fund JAKARTA (JP): PT Dharmala Securities Jakarta, a subsidiary of the Indonesian property giant Dharmala Group, has set up a US$50 million property investment fund.The fund will be listed in Luxembourg.