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 17,070 articles

President speaks about Prabowo

President speaks about Prabowo JAKARTA (JP): President B.J. Habibie made his first public comment on Monday about Army Strategic Reserves Command's then chief Lt. Gen. (ret) Prabowo Subianto's alleged resistance to his ascent to the presidency after Soeharto stepped down on May 21 last year.

No progress made in probe of bloody Semanggi incident

No progress made in probe of bloody Semanggi incident JAKARTA (JP): The Armed Forces (ABRI) admitted on Monday to no progress in its three-month-old investigation into the fatal shooting of protesters at the Semanggi cloverleaf in Central Jakarta last Nov. 13Maj. Gen. Djasri M.

Power contract terms reworked soon: PLN

Power contract terms reworked soon: PLN JAKARTA (JP): Cash-strapped state electricity company PT Perusahaan Listrik Negara (PLN) will soon start renegotiating agreements with independent power producers (IPP).

French agricultural group extends aid

French agricultural group extends aid JAKARTA (JP): France's Center for International Cooperation in Agricultural Research for Development agreed here on Monday to continue giving technical assistance to the Indonesian government for another five years.

Business outlook unclear

Business outlook unclear SINGAPORE (Dow Jones): Singapore Prime Minister Goh Chok Tong said on Monday the island-state's economic outlook remains unclear and worse problems can come if the regional situation deteriorates, particularly in Indonesia.

RI expected to undergo significant shift in health paradigm

RI expected to undergo significant shift in health paradigmBy Does Sampoerno JAKARTA (JP): Health and sickness concepts keep changing along with our understanding on the value and role of health. Since the golden era of the Greeks, health has been a virtue, something to be proud of, whereas...

Gas sales to Singapore

Gas sales to Singapore Following media reports of the sale of gas to Singapore, a subject on which Mr. Budi Santoso, a member of the House of Representatives, commented, allow me to congratulate the Indonesian government and the three contractors (PSCs) for their success in selling gas to Singapore.

More bad news in store for Asian markets

More bad news in store for Asian marketsBy P. Parameswaran SINGAPORE (AFP): Asian financial markets will remain depressed as they undergo a correction after their second phase of recovery from the regional turmoil with analysts unsure when the downward adjustment will end.

Habibie wants 'to be remembered for E. Timor'

Habibie wants 'to be remembered for E. Timor'By Kornelius Purba JAKARTA (JP): President B.J. Habibie's startling decision to let East Timor become an independent state by Jan. 1 next year is influenced by a desire to prove to the world his statesmanship and courage in handling the province, aides...

Bag trader busted with ganja

Bag trader busted with ganja JAKARTA (JP): Central Jakarta Police detectives arrested a bag trader on Sunday for allegedly possessing 10 kilograms of marijuana in his rented house in Central Jakarta.Central Jakarta Police detectives chief Maj.

The long road to democracy

The long road to democracyBy Terry Russell JAKARTA (JP): In Indonesia, as in my own country, Australia, we cannot question democracy. We have all been told that democracy slayed communism in 1989 and that nowadays only fascists and fundamentalists question democracy.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Feb. 15, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,575.00 8,675.00 8,575.00 8,725.00Australian dollar 1 5,489.30 5,624.20 5,470.00 5,770.00Austrian schilling 1 699.09 714.21 - -Belgian franc 1 238.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 15, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 350 0 15,000 AHAP Insurance 400 0 0 Alter Abadi 275 0 30,000 Alumindo Light Metal 325 0 77,500...

Jakarta ready to host league playoffs

Jakarta ready to host league playoffs JAKARTA (JP): Governor Sutiyoso said on Monday that the city would go on with its preparations for the Indonesian league playoffs, despite growing fears that the competition would be vulnerable to unrest."My stance is clear.

CDs smuggling attempt foiled

CDs smuggling attempt foiled TANGERANG (JP): The customs officers at the Soekarno-Hatta International Airport here have foiled at least three compact disc smuggling attempts to Malaysia and Saudi Arabia since last month, an airport official said Monday.

Eleven perish when bus crashes, burns

Eleven perish when bus crashes, burns SURABAYA, East Java: Eleven people burned to death and eight others were injured when the Kamal-Pamekasan bus they were aboard overturned and caught fire in the vicinity of Lomaer, Blegah district, along the border of Bangkalan and Sampang on Monday.

Rahardi says rehash consumer rights bill

Rahardi says rehash consumer rights bill JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Monday that the government could technically accept the draft law on consumers' rights proposed by the House of Representatives, but he called for some changes in its contents and format to...

President orders aides to improve aid distribution

President orders aides to improve aid distribution JAKARTA (JP): President B.J. Habibie ordered Cabinet ministers on Monday to improve and accelerate the distribution of the much- criticized social safety net program.

Two die in city prisons

Two die in city prisons JAKARTA (JP): A prisoner at the Salemba penitentiary in Central Jakarta was found dead in his cell on Monday.Prison officers said that Yeheskiel Simarmata, 27, who was jailed for robbery of public vehicles at the Senen bus terminal, died from a serious fever.

Man treated for gun shot wounds

Man treated for gun shot wounds LHOKSEUMAWE: A resident of Nisam district in North Aceh has been treated in hospital for shot wounds he received on Friday.Antara reported Saturday that M. Sufi bin Syahbuddin, 41, of Alue Papeun subdistrict, was shot by unidentified men riding a motorcycle at around...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Perangkap Hedonisme, by Veri Apriyatno, at the Galeri Mini, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), Monday to Friday, 10 a.m. to 6 p.m., Saturday, 10 a.m.

Plane skids in Ujungpandang

Plane skids in Ujungpandang UJUNGPANDANG: A Boeing 737-200 plane skidded on landing at Hasanuddin International Airport here on Saturday but none was killed in the mishap.The Bouraq aircraft slipped off the runway amid strong winds and rain around 12:35 p.m.

PDI Perjuangan now official

PDI Perjuangan now official JAKARTA (JP): An estimated 120,000 supporters of Megawati Soekarnoputri packed the Senayan Sports Stadium on Sunday to mark the launching of the Indonesian Democratic Party of Struggle (PDI Perjuangan) and her nomination as the party's presidential candidate.

Aide clarifies on Habibie remarks

Aide clarifies on Habibie remarks SINGAPORE (Reuters): Indonesian President B.J. Habibie will respect Singapore if it respects him, the Sunday Times newspaper quoted a presidential aide as saying.Tensions between the neighboring countries have grown since Habibie last week accused Singapore of...

Bank liquidations

Bank liquidations Take your pick between doing business with hundreds of unsound banks, or dealing with a handful of sensible operations - the second option is of course preferable.The government offers a similar choice.

Rectors to set up poll watch

Rectors to set up poll watch JAKARTA (JP): Rectors of all institutes of higher learning in Indonesia have agreed to establish a forum among themselves to monitor the general election scheduled for June 7, 1999.

Oil refining, retail market to be liberalized: Kuntoro

Oil refining, retail market to be liberalized: Kuntoro JAKARTA (JP): A law now being prepared by the government will liberalize the oil refinery sector and open up the retail market in oil products, Minister of Mines and Energy Kuntoro Mangkusubroto has said.

Gus Dur to solicit support for truth seeking committee

Gus Dur to solicit support for truth seeking committee JAKARTA (JP): Muslim figurehead Abdurrahman Wahid departed for Germany on Sunday for eye surgery, and to solicit international support for his planned Commission for Truth-Seeking and National Reconciliation.

PDI Perjuangan slams Habibie's E. Timor policy

PDI Perjuangan slams Habibie's E. Timor policy JAKARTA (JP): The newly-launched Indonesian Democratic Party of Struggle (PDI Perjuangan) lashed out at President B.J. Habibie for calling East Timor "a burden" and called on the nation to let go of the troubled territory.

Mashill holds finance workshop

Mashill holds finance workshop JAKARTA (JP): Bank Mashill will cooperate with Bank Indonesia, the central bank, in holding a series of workshops on how to benefit from the government's trade financing scheme.

Asia and Europe reiterate resolve for liberalization

Asia and Europe reiterate resolve for liberalization SINGAPORE (AFP): Senior officials from member countries of the Asia-Europe meeting have reiterated their resolve to keep the two region's markets open despite renewed protectionist pressure.

Dim forecast for retail-space market

Dim forecast for retail-space market JAKARTA (JP): Jakarta's retail-space market faces a dim outlook with demand and occupancy projected to continue to decline in 1999, property consultants have said.PT Procon Indah/Jones Lang Wootton predicts in the latest edition of its biweekly property report...

ARIAWEST International keeps good commitments to customers

ARIAWEST International keeps good commitments to customers A good relationship between a telecommunications operator and its customers is essential. In this era of globalization, this relationship is going to need to improve.

RI beats Qatar to meet Philippines in Davis Cup

RI beats Qatar to meet Philippines in Davis Cup JAKARTA (JP): Indonesia moved closer to rejoining the Davis Cup Asia Oceania top flight after scoring a perfect 3-0 lead to host Qatar over the weekend.The doubles pairing of Hendri Susilo Pramono and Edy Kusdaryanto settled the issue with a...

Bearish mood overseas will cloud local market

Bearish mood overseas will cloud local market JAKARTA (JP): Stock trading on the local market will likely languish again this week as most investors, especially from the regional market, will be on holiday to celebrate the Chinese New Year, stock analysts said.

Much ado about autonomy

Much ado about autonomy Much of the hype about granting increased autonomy to the regions will most likely end up as empty rhetoric. The government's bill on regional administration, presented to the House of Representatives last week, promises more authority and responsibility to provinces,...

Can't we all just get along

Can't we all just get along President B.J. Habibie's comment about racism in Singapore was really shocking.In my opinion, to maintain a good and harmonious relationship with our neighbors, it is always best not to talk about something which we find bad or annoying in their domestic affairs.

Sumbawa gets OECF loan

Sumbawa gets OECF loan JAKARTA (JP): Japan's Overseas Economic Cooperation Fund (OECF) will provide Rp 153 billion (US$18 million) in soft loans to finance the construction of two irrigation facilities in Sumbawa, West Nusa Tenggara.

Children's choir at Taman Mini

Children's choir at Taman Mini JAKARTA (JP): Following the success of performing Lear for Jakarta audiences early this month, the Tanah Airku theater will present a children's choir, the Szczecin Boy's Choir Nightingales from Poland.

Garuda takes off on course for change

Garuda takes off on course for changeBy Devi M. Asmarani JAKARTA (JP): At a recent celebration of Garuda Indonesia's golden anniversary in Bali, a minister summed up hopes for the national flag carrier in a sentence: "If life begins at 40 for men, than life begins at 50 for airlines.

Soeharto protected corrupt aides: Brother

Soeharto protected corrupt aides: Brother JAKARTA (JP): Businessman Probosutedjo described on Saturday the methods his half-brother Soeharto used to protect corrupt officials when he was still in power, blaming this practice for the paralyzing economic crisis gripping the country today.

Teachers are heroes without rewards

Teachers are heroes without rewardsFrom Pikiran RakyatTeachers have been called "heroes without rewards". In my opinion this predicate was coined by the New Order regime. It is like christening former president Soeharto (when he was still president) the "father of development".

Security guard killed in S. Jakarta robbery

Security guard killed in S. Jakarta robbery JAKARTA (JP): A group of seven robbers broke into an Ades mineral water distribution office in Tanjung Barat, South Jakarta, making away with the safety deposit box after killing a security guard and wounding two others early Saturday morning.

RI faces hurdle in log export target

RI faces hurdle in log export target JAKARTA (JP): Indonesia is facing difficulties in meeting its log export quota because of a domestic shortage of timber, a senior official at the Ministry of Forestry and Plantations said.

Property sector needs major restructuring, analyst says

Property sector needs major restructuring, analyst says JAKARTA (JP): The government's bank recapitalization program should be immediately followed by a restructuring of the shattered property sector to defuse a ticking time bomb, a property consultant said over the weekend.

Expecting convict escapes prison

Expecting convict escapes prison SERANG, West Java: Juman bin Marwan, 37, a detainee at the Serang correction unit fled to his village in Ciomas when he heard his wife was going into labor.Antara reported Saturday that he escaped Wednesday to see the birth of his second child, only 11 days before...

Number of TB-infected people expected to swell

Number of TB-infected people expected to swell JAKARTA (JP): The official number of 40,000 tuberculosis- infected Jakartans is expected to rise sharply due to a hike in medication costs combined with an absence of community awareness to combat the disease, an expert has said.

Searchers find three more victims of sunken ship

Searchers find three more victims of sunken ship JAKARTA (JP): Rescue workers discovered on Sunday three more bodies from the KLM Arta Rimba, which carried 325 people on board when it sank last week near Penikek Island in West Kalimantan, an official said.

Streets, hundreds of houses inundated after heavy rains

Streets, hundreds of houses inundated after heavy rains JAKARTA (JP): Some parts of the city's streets were inundated on Sunday after heavy rainfall that began Saturday.The affected streets included Jl. D.I. Pandjaitan, Jl. Pahlawan Revolusi and Jl.

Fresh violence breaks out in Maluku, 11 people killed

Fresh violence breaks out in Maluku, 11 people killed JAKARTA (JP): At least 11 were killed on Sunday morning in the latest outbreak of violence in Maluku, which this time hit the two islands of Haruku and Saparua to the east of Ambon island, where recent riots claimed at least 105 lives.