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

Fresh talks urged on Marcos money

Fresh talks urged on Marcos money MANILA (Reuter): A high ranking Swiss official yesterday urged fresh negotiations among rival claimants to the estimated $500 million kept by late Philippine ruler Ferdinand Marcos in Swiss banks to determine who the money should go to.

Humorist Jaya Suprana releases book on notorious errors

Humorist Jaya Suprana releases book on notorious errorsBy K. Basrie JAKARTA (JP): Jaya Suprana, a humorist with a bulk of titles and ideas, has recorded another debut.The 48-year-old pianist, cartoonist, columnist and businessman released the first volume of his new book featuring 117 short stories...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 2, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 16,000 Alumindo Light Metal 1,075 25 229,500 Alumindo...

Minister Sarwono urges Yayuk to make up her mind

Minister Sarwono urges Yayuk to make up her mind JAKARTA (JP): The Indonesia Tennis Association's chairman Sarwono Kusumaatmadja urged the country's top female player Yayuk Basuki to decide whether she will join the SEA Games squad or play in WTA tournaments.

Governor takes blame for permit abuse in Kemang

Governor takes blame for permit abuse in Kemang JAKARTA (JP): The irresponsibility of city officials has led to cafes and restaurants in Kemang being operated with housing permits, Governor Surjadi Soedirdja said.

Lafarge expands to RI

Lafarge expands to RI PARIS (Reuter): French building materials group Lafarge said on Tuesday that it planned to build a cement plant with a capacity of 1.4 million tons in Indonesia.Lafarge said in a statement that its PT Semen Andalas unit would build the plant near the city of Medan in the north...

Astra aims to export 1,370 new Kijang vans

Astra aims to export 1,370 new Kijang vans JAKARTA (JP): PT Toyota Astra Motor, a subsidiary of Indonesia's largest automaker PT Astra International, expects to export 1,370 units of its new Kijang van this year.

Thirty jailed for Pekalongan riots

Thirty jailed for Pekalongan riots PEKALONGAN, Central Java (JP): The Pekalongan district court sentenced 30 people yesterday to between three days and three months imprisonment for their involvement in riots here last week.

Rights commission recommends circus halt work abuses

Rights commission recommends circus halt work abuses JAKARTA (JP): The National Commission on Human Rights has recommended the Oriental Circus Indonesia's management stop abusing the rights of its child workers.

Seminar on Sukarno delayed

Seminar on Sukarno delayed JAKARTA (JP): After a week of polemics, the government decided yesterday to postpone a controversial seminar on a speech by the late president Sukarno until after the May 29 election.

Adi Sasono blames unrest on disparity

Adi Sasono blames unrest on disparityBy Yenni Kwok JAKARTA (JP): A topic that Adi Sasono, the secretary-general of the Association of Indonesian Moslem Intellectuals (ICMI), always talks about passionately is the economic disparity between the ethnic Chinese and the have-nots, many of whom are...

Where to go in Bandung:

Where to go in Bandung:Music and Entertainments * 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.

Four gold miners die

Four gold miners die SAMARINDA, East Kalimantan: Four miners died in a landslide Saturday while working in a prohibited gold mining area in Kelian Dalam Long Iram, Kutai regency.The chief of Kutai District Police, Lt. Col.

Fisherman dies in border incident

Fisherman dies in border incident JAKARTA: One Indonesian fisherman was killed and two were wounded when Papua New Guinea (PNG) soldiers attacked their Taiwanese fishing boat in the Solomon Islands waters, Antara reported Wednesday.

Moscow's arms sales to New Delhi to continue

Moscow's arms sales to New Delhi to continueBy Sergei Strokan MOSCOW: India is and will remain Moscow's principal strategic partner in the Asia-Pacific region -- and its principal business partner in the regional arms trade.

Boat people stranded

Boat people stranded GRESIK, East Java: Engine trouble forced 44 Vietnamese boat people to land on Sembilangan island, near the East Java coastal town of Gresik, Monday while en route to Australia, an official said yesterday.

Defendant says they arrested the wrong man

Defendant says they arrested the wrong man JAKARTA (JP): A man on trial for defaming President Soeharto by printing an unlicensed magazine told the court yesterday that the court was trying the wrong person.

Bad timing

Bad timing All of president Sukarno's speeches were named. Nawaksara was the name given to the president's policy account before a general session of the Provisional People's Consultative Assembly in 1966. Specifically, it contained his account of the aborted coup d'etat of Sept.

Indonesia's risk rating ugraded to BBB-

Indonesia's risk rating ugraded to BBB- KUALA LUMPUR (Reuter): The U.S. rating firm Thomson BankWatch announced it has upgraded Indonesia's country risk rating to BBB- from BB+."Indonesia has continued to demonstrated strong economic resilience against a backdrop of slower regional trade and weaker...

KL rubber prices fall on competition

KL rubber prices fall on competition KUALA LUMPUR (Reuter): Malaysian rubber prices fell at the close as market adjusted to competition from Indonesia, traders said.At the close, the Malaysian Rubber Exchange and Licensing Board quoted April RSS1 buyer at 296.50 cents ($1.

Govt seeks environment audit power

Govt seeks environment audit power JAKARTA (JP): The government has drafted a bill which seeks to empower it to order companies to carry out environmental audits, State Minister of Environment Sarwono Kusumaatmadja said yesterday.

BI will probably limit majority bank shareholdings

BI will probably limit majority bank shareholdings JAKARTA (JP): Bank Indonesia, the central bank, will probably limit the ownership of institutions and individuals in banks to prevent the dominance of single majority shareholders, a senior official said yesterday.

Indonesian robusta beans come out, business slow

Indonesian robusta beans come out, business slow SINGAPORE (Reuter): Indonesian robusta coffee beans are beginning to come out but regional business has slowed sharply as exporters were sidelined by volatile markets in New York and London, regional traders said yesterday.

Try to dedicate 11 N. Sulawesi projects

Try to dedicate 11 N. Sulawesi projects MANADO, N Sulawesi (Antara): Vice President Try Soetrisno is scheduled to dedicate 11 projects in North Sulawesi worth Rp 897 billion (US$378.4 million) on April 12.

Foreigner arrested for cheating

Foreigner arrested for cheating JAKARTA (JP): A Cameroon man was arrested after cheating two people by promising to double their money, police spokesman said yesterday.Lt. Col. E. Aritonang said Fomenteu Nguefack Berlain Erick, 24, was arrested last Thursday for stealing Rp 10 million and US$10,000...

No Davis Cuppers expected to play in all matches

No Davis Cuppers expected to play in all matches JAKARTA (JP): Team manager Atet Wijono has predicted Indonesia's Davis Cuppers will not have to play in both the singles and doubles in the tie against New Zealand here from April 4 to April 6.

Bank Lippo expects more growth despite LBC woes

Bank Lippo expects more growth despite LBC woes JAKARTA (JP): Publicly listed Bank Lippo projects further profit growth this year amid reports its independent counterpart, Lippo Bank of California (LBC), was suffering financial problems.

Nestle plans Asian base

Nestle plans Asian base MANILA (AFP): Swiss food giant Nestle S.A. plans to make the Philippines its base for launching chocolate products into southeast Asia, a senior official of the company said yesterday.Michael Garrett, Nestle S.A.

RI confident of beating Cambodia

RI confident of beating Cambodia JAKARTA (JP): National coach Danurwindo said he was confident Indonesia could beat Cambodia in the World Cup Asian zone qualifier here on April 6.Danurwindo, head coach of the national team PSSI, said Tuesday he was confident of success after observing the results...

PLN and power shortages

PLN and power shortages We have read many letters written by expats complaining about the service of the local companies.This time I would like to complain about service of foreign companies in Indonesia.

TV today

TV todayTVRI 2:30 a.m News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film 3:10 Science Film 3:35 TV Series: Jendela Dunia 4:00 Regional News 4:30 Tour and Travel: Pelangi Budaya 5:00 Arabic Lessons 5:25 Koran Recital 5:35 Religious Teachings: Islam 5:55 Music 6:00 News: Lintasan...

Man beaten to death over ID

Man beaten to death over ID SURABAYA (JP): Relatives of Teguh Soenarto, who allegedly died of injuries caused by police, asked the Jakarta-based National Commission on Human Rights yesterday to follow-up the allegations.Lawyer Trimoelja D.

Asia's major markets crawl back

Asia's major markets crawl back HONG KONG (AFP): Asian markets performed a slight rebound yesterday after plummeting on Wall Street's lead the previous day, brokers said.Investors in Tokyo, Hong Kong and Singapore pushed up the markets but remained cautious on fears of Wall Street further "losing...

Art events

Art eventsExhibition: Nyoman Erawan -- Eddie Hara at Galeri Santi, Jl. Benda 4, South Jakarta, Ph. 7806079April 3 - April 17Nyoman Erawan and Eddie Hara are both up-and-coming contemporary Indonesian artists. Although they are contemporaries, their works are very distinct from each other.

Brazil to import RI cocoa beans

Brazil to import RI cocoa beans RIO DE JANEIRO (Reuter): Brazil's Minister of Agriculture has given the go-ahead to three companies to import 4,000 tons of Indonesian cocoa beans, the president of one of the companies said.

Where to go in Jakarta:

Where to go in Jakarta:Music * Sahid Jaya Hotel, Jl. Sudirman, Central Jakarta: - Shah Jahan Restaurant; Sham - E - Mehfil, daily except Sunday, 7 p.m. to 12 p.m. - Bengawan Solo Restaurant; Siteran Music, daily, 6.30 p.m. to 10.30 p.m.

Bre-X shares resume trading in Canada, U.S.

Bre-X shares resume trading in Canada, U.S. TORONTO (Agencies): Stock in beleaguered Bre-X Minerals Ltd. rose on Canadian and U.S. exchanges Tuesday in the first trading since a frenzied selloff last week sparked by doubts about the company's claims of a huge gold find in Indonesia.

Con methods abound in Jakarta

Con methods abound in JakartaFrom PelitaVictims of either overt or covert swinding activities are increasing every day.It has been said that the con men have practiced hypnotism on their victims. Take for instance, the incident in the Krawang, West Java, when a different method with the use of...

Bulog urged to ensure food supplies during elections

Bulog urged to ensure food supplies during elections JAKARTA (JP): President Soeharto ordered the National Logistics Agency (Bulog) yesterday to ensure the country had enough food supplies for the coming general elections.

Security forces quell student demonstration

Security forces quell student demonstration YOGYAKARTA (JP): Security personnel quelled another demonstration by hundreds of Gadjah Mada University students here yesterday and will charge eight of them.Yogyakarta military commander Col. A.R.

PNG army chief knew of deal: British mercenary

PNG army chief knew of deal: British mercenary PORT MORESBY (Reuter): The British soldier who led 70 African mercenaries into Papua New Guinea said yesterday that rebel army chief Jerry Singirok was in on the mercenary plan from the start and negotiated its details.

Giant Timor Sea gas project clears major hurdle

Giant Timor Sea gas project clears major hurdle SYDNEY (Reuter): The U.S.-Australian development of the giant Bayu-Undan gas field in the Timor Sea cleared its biggest hurdle on Wednesday when BHP Petroleum and Phillips Petroleum agreed that BHP should be the sole operator.

Consumers protest over developer

Consumers protest over developer JAKARTA (JP): Hundreds of people staged a protest at the state minister of public housing's office yesterday, demanding that a developer return their down paymentsThe consumers, mostly blue-collar workers, said the developer, PT Helindo Cipta, had broken its promise...

S&P rates Ongko notes BB

S&P rates Ongko notes BB HONG KONG (Reuter): Standard and Poor's Corp said yesterday it has assigned a BB rating to the US$100 million 10.5 percent lease-backed notes due 2004 of Ongko International Finance Co BV.The issuer is a Netherlands special purpose company.

Mt. Anak Krakatau erupts, people told to stay away

Mt. Anak Krakatau erupts, people told to stay away JAKARTA (JP): Mount Anak Krakatau in the Sunda Strait, about 300 kilometers west of here, has been spewing volcanic ash and rocks for the past few days, an official said yesterday.

Gus Dur meets Tutut in tightly guarded gathering

Gus Dur meets Tutut in tightly guarded gathering SIDOARJO, East Java (JP): About 10,000 members of the country's largest Moslem organization, Nahdlatul Ulama (NU), gathered here yesterday to listen to their chairman Abdurrahman Wahid and Golkar leader Siti Hardiyanti Rukmana.

Three over stay foreigners arrested

Three over stay foreigners arrested JAKARTA (JP): Immigration officers arrested three foreigners holding Yemen, Syrian and Moroccan passports respectively, for overstaying.The head of immigration's control and supervision department, Zaiman Nurmatias, said the three men were arrested at their...

Tanjung Jati sets lowest power price

Tanjung Jati sets lowest power price JAKARTA (JP): State-owned electricity company PLN will buy power from PT Tanjung Jati Power Company at 5.74 U.S. cents per kilowatt hour (kWh), claimed to be the lowest sales price ever to be paid to a private generator in Indonesia.

Conversion rate set for import duty, VAT

Conversion rate set for import duty, VAT JAKARTA (JP): The government has set the conversion rates for 30 foreign currencies against rupiah for April, May and June in regards to the settlement of import duties, value added tax and luxury tax.According to Finance Ministerial Decree No. 128/KMK.

'The English Patient'

'The English Patient'From KompasI recently saw the film The English Patient in one of the cinemas in Jakarta. The film was really good, but not so the Indonesian subtitles. Some phrases were simply odd if not entirely wrong. Other sentences were hilarious.