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 17,759 articles

Bogor drivers go on strike to protest student vandalism

Bogor drivers go on strike to protest student vandalism BOGOR (JP): Dozens of public transportation drivers plying several routes between Bogor and Jakarta's outskirts went on strike on Thursday in protest at a rising trend of student vandalism which frequently led to their vehicles being damaged.

IPTN to remain in the red in 1998: Ilham Habibie

IPTN to remain in the red in 1998: Ilham Habibie JAKARTA (JP): The state-owned aircraft maker PT Industri Pesawat Terbang Nusantara (IPTN) would continue to be in the red in 1998 due to the current economic crisis, director Ilham Habibie said on Friday.

Doctor says nine injured in clashes getting better

Doctor says nine injured in clashes getting better JAKARTA (JP): The conditions of nine people seriously injured in clashes between the military and antigovernment protesters on Nov. 13 and Nov. 14 are all improving, according to a senior doctor from Cipto Mangunkusumo General Hospital in Central...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon 8:00 Music 8:30 Documantary Film 9:00 TV Drama 10:00 Interval 2:00 p.m.

Pertamina denies alleged KKN in new contracts

Pertamina denies alleged KKN in new contracts JAKARTA (JP): State oil and gas company Pertamina dismissed allegations that graft was involved in its multi-billion dollar business of importing petroleum and oil products.

Toward an orderly election

Toward an orderly election Those who are hoping that one day a person will emerge to lead a democratic Indonesia naturally realize the importance of preventing this republic from being destroyed from within.

National athletes to meet Habibie for the first time

National athletes to meet Habibie for the first time JAKARTA (JP): For the first time since taking office, President B.J. Habibie will next week send off athletes departing for an international sporting event.

Students favor E. Timor referendum: Poll

Students favor E. Timor referendum: Poll JAKARTA (JP): A poll involving 900 students and 100 lecturers in five large cities reveals that 66.5 percent believe that the best way to settle East Timor's problems is to let the East Timorese decide their own fate.

Sutiyoso saddened by the impact of rioting and looting

Sutiyoso saddened by the impact of rioting and looting JAKARTA (JP): Governor Sutiyoso expressed concern on Friday over the recent series of looting and rioting incidents in the city which had caused three countries -- Japan, Australia and the U.S. -- to warn their citizens off visiting Jakarta.

Southeast Asian currencies mixed against U.S. dollar

Southeast Asian currencies mixed against U.S. dollar SINGAPORE (Dow Jones): Southeast Asian currencies were mixed against the U.S. dollar in late trading on Friday, a suitable end to a lackluster week of trading in the region, traders said.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: Fine Art Photography, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, C7-8, Jl. H.O.S. Cokroaminoto 79, Menteng, Central Jakarta, 10 a.m. to 8 p.m., until Dec. 7. * Painting Exhibition: Temu Ragam Lima Pelukis, at Balai Budaya, Jl.

Consequence of MNC domination

Consequence of MNC dominationBy Beni Sindhunata This is the second of two articles on foreign investment in Indonesia. JAKARTA (JP): Foreign-investment projects are divided into two groups: undertakings fully owned by foreign investors, numbering 1,145 projects with an investment value of Rp 232...

Tunas Ridean incurs loss

Tunas Ridean incurs loss JAKARTA (JP): Publicly listed Tunas Ridean reported a net loss of Rp 900 million (about US$120,000) in first nine months of this year compared to a net profit of Rp 12.6 billion in the same period last year.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.27, 1998: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 0 803,500 Alumindo Light Metal 300 0 29,500 Alumindo...

Jakarta a safe place, for whom?

Jakarta a safe place, for whom? Words spoken by Gen. Wiranto and other officials still ring in people's ears, that Jakarta is safe again after real turbulence. But what does "safe" mean?To work as a bus driver and get beaten by hoodlums?To work as a taxi driver and get killed/stabbed?To visit...

Sumitro calls for revision of foreign exchange regime

Sumitro calls for revision of foreign exchange regime JAKARTA (JP): Economic pundit Sumitro Djojohadikusumo called on the government to revise the current free foreign exchange regime so as to better monitor the flows of capital in and out of the country.

Atako-Lindskog holds on to win Matoa Nasional Open

Atako-Lindskog holds on to win Matoa Nasional Open JAKARTA (JP): When he is on his game, Nigerian golfer Stephen Atako-Lindskog is indomitable.Playing with full confidence, Atako-Lindskog displayed his talents on his way to a three-stroke victory in the Matoa Nasional Open-Andersen Consulting...

Govt slaps travel ban on critics

Govt slaps travel ban on critics JAKARTA (JP): The government has slapped travel bans on at least four government critics charged with treason pending the result of an ongoing official investigation against them.Army Lt. Gen. (ret.

Rate ceiling for Nov. 30 - Dec. 06

Rate ceiling for Nov. 30 - Dec. 06 Time deposit Maximum rate Maximum rate Rp deposit (%) $ deposit (%)--------------------------------------------1-month 49 153-month 47 146-month 38 1412-month 36 1424-month 25 17 Maximum overnight rate for rupiah : 45 percentMaximum overnight rate for U.S.

Foreign investors invited to enter toll road projects

Foreign investors invited to enter toll road projects JAKARTA (JP): Foreign investors will be invited to buy stakes in 13 toll roads currently in operation or under construction in a rescue effort to stop them collapsing, a government official said on Friday.

Falling oil revenue to hurt RI budget

Falling oil revenue to hurt RI budget SINGAPORE (Reuters): A strong rupiah, plunging energy prices and lower production have combined to hand Indonesian oil revenue a triple-whammy which would raise the country's budget deficit significantly, analysts said on Friday.

Astra CMG opens new office

Astra CMG opens new office JAKARTA (JP): PT Astra CMG Life, a joint venture of Indonesia's Astra International Group and Australia's Colonial Group, has opened a new marketing office in Pekanbaru to cater to the growing demand for life insurance services in the Riau provincial capital.

Poets mock RI's gloomy past, uncertain future

Poets mock RI's gloomy past, uncertain futureBy Yudha Kartohadiprodjo JAKARTA (JP): In the midst of Indonesia's current uncertainties three poets descended on the Taman Ismail Marzuki arts center this week and mocked the country's gloomy past and uncertain future.

Misuse of state funds still rampant, says BPK chairman

Misuse of state funds still rampant, says BPK chairman JAKARTA (JP): Supreme Audit Agency (BPK) chairman Satrio "Billy" Joedono said on Friday that misuse of state funds remained rampant across all government ministries and agencies.

Jakarta, city of fear?

Jakarta, city of fear? In the heat of our present push toward greater democracy and equal rights for all, there seems to be one element essential to the building of such an ideal society that has been forgotten: the freedom from fear.

Live TV shows

Live TV shows JAKARTA (JP): Sports competitions to be broadcast live this weekend on local TVs (all times in West Indonesia Time):Saturday:English soccer league: Chelsea v Sheffield Wednesday SCTV at 10 p.m.Sunday:Italian soccer league: Parma v AC Milan RCTI at 8:30 p.m.

Lonsum books higher profit

Lonsum books higher profit JAKARTA (JP): Publicly listed PT London Sumatra Indonesia reported a 14 percent increase in net profit to Rp 50.2 billion in the first six months of this year compared to the same period last year.

Difficult times ahead for torched churches

Difficult times ahead for torched churches JAKARTA (JP): The rebuilding of churches burned or damaged during last Sunday's riots is likely to be hindered by problems stemming from the difficulty of raising funds during the prolonged economic crisis, church representatives said on Friday.Rev.

Rupiah steady but stocks down further

Rupiah steady but stocks down further JAKARTA (JP): The rupiah remained steady at 7,450 against the U.S. dollar on Friday, but stock prices in the local exchange continued declining.Currency dealers said the rupiah, which opened at 7,300, rose to an intraday high of 7,250 during midday trading due...

Euro means doubts for Asia

Euro means doubts for Asia MANILA (AFP): The looming introduction next year of Europe's single currency will be a source of uncertainty for recession-hit Asia, the Asian Development Bank said in a report Friday.

Asia's transparency improves

Asia's transparency improves HONG KONG (Dow Jones): Asian countries have generally improved their perceived transparency over the past year, which probably has a lot to do with the regional financial crisis, according to a survey by Political and Economic Risk Consultancy.

Power tariff hike delayed

Power tariff hike delayed JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangksubroto has delayed for an unspecified amount of time the planned hike in power prices, which was scheduled for this month.

Fakfak facing transport isolation

Fakfak facing transport isolation FAKFAK, Irian Jaya: The Fakfak regency faces isolation as Twin Otters owned by the Merpati Nusantara Airlines will not be operating for a week while KM Rinjani, a passenger ship operated by state-owned PT Pelni, is undergoing an annual docking.

Mahathir in Sabah for talks

Mahathir in Sabah for talks KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad flew to the eastern state of Sabah on Friday for a two-day "working visit" amid growing talk of an impending state election.

Indonesia for all

Indonesia for all As in his first, Masli Arman's second letter on Nov. 16 made a very tendentious, unrealistic and xenophobic analysis in launching a debate with Leo Suryadinata. With his inaccurate and very outdated data (from a 1930 census) Masli made a projection covering 68 years solely based...

Indocement's net revenues up slightly

Indocement's net revenues up slightly JAKARTA (JP): PT Indocement Tunggal Perkasa, the country's major cement producer, reported on Friday a slight increase in net revenues to Rp 1.17 trillion (about US$157 million) in the first nine months of this year, ending on Sept. 30, from Rp 1.

Few outsiders object to keeping PR polling system

Few outsiders object to keeping PR polling system JAKARTA (JP): Two of the largest political parties not represented in the House of Representatives (DPR) have expressed no objections to a plan to retain the proportional representation (PR) system in next year's election.

A few PPP favorites aim to garner support

A few PPP favorites aim to garner support JAKARTA (JP): The congress of the United Development Party (PPP) to be held from Nov. 29 through Dec. 3 will be mainly watched for the emergence of potential leaders.

Australia will seek to encourage Indonesian military's openness

Australia will seek to encourage Indonesian military's openness SURABAYA (Agencies): Australia will encourage the Indonesian Armed Forces (ABRI) to develop a new relationship with the people, Australian Defense Minister John Moore said on Friday.

Drug dealers netted at West Jakarta hotel

Drug dealers netted at West Jakarta hotel JAKARTA (JP): Jakarta police have apprehended three men believed to be members of an amphetamine derivative shabu-shabu syndicate at Hotel Astika in West Jakarta after receiving a tip- off from one of the arrested suspects, an officer said on Friday.

39 people hurt during protest against pulp plant

39 people hurt during protest against pulp plant MEDAN, North Sumatra (JP): At least 39 people were injured and 15 remained in hospital after being hurt during clashes Thursday between soldiers and 2,000 protesters over PT Inti Indorayon Utama (IIU) pulp and paper plant, police said on Friday.

OPEC to take action in March: Oil minister

OPEC to take action in March: Oil minister DUBAI (AFP): OPEC will adopt measures to try to bolster oil prices at the 11-member cartel's next meeting on March 23, United Arab Emirates Oil Minister Obaid ibn Saif al-Nasseri pledged on Friday.

Rise in crime scares the city

Rise in crime scares the city JAKARTA (JP): The capital witnessed just another ordinary day on Friday in the midst of fresh rumors of looming disturbances.No serious incidents or clashes were reported. In several parts of the city, a number of university and high school students packed the streets...

Is Ghalib really a chicken?

Is Ghalib really a chicken? Was the presentation of a hen from students to Attorney General A.M. Ghalib really necessary? Do the students really believe that a live hen truly represents what he is?Since he was appointed by President B.J.

Gradual steps to understanding sound corporate governance

Gradual steps to understanding sound corporate governanceBy George S. Tahija The following article is an excerpt from a paper presented at the APEC Symposium in Sydney on Nov. 3, 1998. SYDNEY: Indonesia is undergoing many changes.

Demonstration takes over contest

Demonstration takes over contest JAKARTA (JP): Ten bands from different senior high schools in five cities will compete in a music competition at Bengkel Nightpark discotheque in South Jakarta on Sunday afternoon.The theme of the competition is demonstration.

Longtime S'pore prisoner freed

Longtime S'pore prisoner freed SINGAPORE (AFP): A longtime Singapore political prisoner freed from restrictions on Friday 32 years after his arrest said the government decision was belated and called for an end to detention without trial.

Women must pressurize parties to fight for their rights, causes

Women must pressurize parties to fight for their rights, causes JAKARTA (JP): Political researcher Chusnul Mar'iyah decried the dearth of programs for women in the platforms of the big political parties gearing up for next year's election."They all think that this is not an important issue.

ABRI are fortunate

ABRI are fortunateFrom UmmatThe most fortunate citizens of the Republic of Indonesia are the Armed Forces (ABRI) personnel. They have the opportunity to hold positions in not only their own structure but also in other sectors like the bureaucracy -- right up to its highest rank i.e. the president.

Troops warned against illegal pamphlets

Troops warned against illegal pamphlets JAKARTA (ANTARA): Army Chief of Staff Gen. Subagyo Hadisiswoyo has asked servicemen to be on guard against illegal pamphlets carrying provocative messages."We, leaders and company commanders, have already done our best to prevent them (troops) from being...