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 17,570 articles

Iraq taps KL over plan

Iraq taps KL over plan KUALA LUMPUR (Reuters): Visiting Iraqi Deputy Prime Minister Tareq Aziz tapped Malaysia on Thursday for ideas to support Baghdad's plan to set up an upper house of parliament.Aziz met Malaysia's speaker of parliament Zahir Ismail for a briefing on the Southeast Asian nation's...

Cop killed in fray

Cop killed in fray MEDAN, North Sumatra: Police here are investigating the death of Sgt. Maj. Effendi Ginting, 34, a detective from Percut Sei Tuan Police subprecinct, who was fatally shot in the head while trying to stop a mass brawl in Mandala housing complex here in the early hours of Tuesday.

Top officials hail concern over Maluku

Top officials hail concern over Maluku JAKARTA (JP): Two top officials on Thursday pointed to calls for a jihad as a message to the government to take concrete action to stop the bloodshed in Maluku.House of Representatives Speaker Akbar Tandjung and People's Consultative Assembly Speaker Amien...

Chinese-Indonesians 'loath' to repatriate funds

Chinese-Indonesians 'loath' to repatriate funds SINGAPORE (AFP): Indonesia's ethnic Chinese, believed to have stashed billions of dollars here, are reluctant to repatriate their money because of political problems at home, an expert said Thursday.

More bodies found in Aceh

More bodies found in Aceh LHOKSEUMAWE, North Aceh: Locals recovered two unidentified male bodies in Blang Buloh village, Blang Mangat district, Lhokseumawe, on Wednesday night."Like the previous nine bodies dug up earlier on Wednesday noon, it's difficult to identify the two corpses because they...

BI governor need not be groggy

BI governor need not be groggyFrom Suara KaryaNews about the replacement of Bank Indonesia Governor Sjahril Sabirin has reached the community. Newspapers in the capital even said that President Abdurrahman, also known as Gus Dur, had told the House of Representatives it was possible that Sjahril...

IBRA receives another $1.2b in bad loans from state banks

IBRA receives another $1.2b in bad loans from state banks JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has recently received an additional Rp 8.5 trillion (US$1.2 billion) in nonperforming loans (NPLs) from three state banks.The agency also expects to get another Rp 16.

TNI spokesman Sudrajat set to be replaced

TNI spokesman Sudrajat set to be replaced JAKARTA (JP): In what appears to be part of an ongoing reshuffle within the Indonesian Military (TNI), President Abdurrahman Wahid confirmed on Thursday that military spokesman Maj. Gen. Sudrajat would be replaced by Air Rear Marshal Graito Husodo.

Three officials questioned over train accident

Three officials questioned over train accident BOGOR (JP): Local police have questioned three officials at Bogor Railway Station and are currently awaiting further information from the five operators of the train, following a tragic incident that claimed 12 lives on Wednesday afternoon.

Village chiefs ask for allowance hike

Village chiefs ask for allowance hike ALOR, East Nusa Tenggara: A number of chiefs in remote villages in the province have complained over their small government allowances, warning that they could generate corruption.

Occupational accidents kill 6

Occupational accidents kill 6 SAMARINDA, East Kalimantan: The local Manpower Office here recorded six deaths and 72 permanently disabled due to industrial accidents throughout the province last year.The victims were part of the total of 962 recorded accidents occurring in the workplace in East...

Summers to visit Jakarta

Summers to visit Jakarta WASHINGTON (Reuters): U.S. Treasury Secretary Lawrence Summers will visit India, Indonesia and Japan next week to survey Asia's economic landscape after the region has come through the thick of its worst financial crisis in half a century.

Calm returns to Maluku, claims government

Calm returns to Maluku, claims government JAKARTA (JP): The government claimed on Thursday to have restored order in riot-torn Maluku and was now considering reconstruction and reconciliation there.Coordinating Minister for Political Affairs and Security Gen.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Student's Program 3:00 Music 4:00 News 4:30 Arabic Lessons 5:00 Student's Quiz 5:30 TV Drama 6:00 Sports 6:30 TVRI News (in English) 7:00 Evening News 7:30 TV Drama 9:00 World...

Obuchi aims to boost Thai ties, recovery

Obuchi aims to boost Thai ties, recovery BANGKOK (Reuters): Japanese Prime Minister Keizo Obuchi began a two-day visit to Thailand on Thursday aimed at enhancing a close bilateral relationship and putting Asia's economic recovery on a more solid footing, officials said.

IBRA's new head says asset sales his top priority

IBRA's new head says asset sales his top priority JAKARTA (JP): New chief of the Indonesian Bank Restructuring Agency (IBRA) Cacuk Sudarijanto set his top priority on Thursday as the sale of government stakes in PT Astra International, Bank Central Asia and Bank Bali.

IBRA gets new chief

IBRA gets new chief Cacuk Sudarijanto's first challenge as the new head of the country's most powerful economic organization, the Indonesian Bank Restructuring Agency (IBRA), is to prove to the public, notably the market, that his connections with the "axis force" of Muslim-oriented political...

Guerrilla peace talks extended

Guerrilla peace talks extended MANILA (AFP): Philippine President Joseph Estrada said on Thursday he was extending the deadline for sealing a peace agreement between the government and Muslim separatist guerrillas to June.

BI to decide soon on Category A banks' fate

BI to decide soon on Category A banks' fate JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Thursday that the central bank was still undecided on whether to close private banks with a capital adequacy ratio (CAR) under the minimum 4 percent requirement.

Trans Pacific to revive Tuban olefins project

Trans Pacific to revive Tuban olefins project SINGAPORE (Dow Jones): Indonesia's Trans Pacific Petrochemical Indotama, the joint venture behind the stalled $2.3 billion olefins project in Tuban, East Java, hopes to reach an agreement with interested investors by the end of March, and resume...

RI men's doubles move to S. Korea quarters

RI men's doubles move to S. Korea quarters JAKARTA (JP): Veteran Indonesian men's doubles pair Ricky Ahmad Subagja and Rexy Mainaky upset the world number one pairing of Ha Tae-kwon and Kim Dong-moon of South Korea 15-10, 17-16 in the second round of the 2000 Samsung Korea Open on Thursday.

Kuntoro urges Paiton to revoke arbitration case

Kuntoro urges Paiton to revoke arbitration case JAKARTA (JP): President of state electricity company PT PLN Kuntoro Mangkusubroto urged independent power producer PT Paiton Energy on Thursday to revoke its arbitration claims against the state company as a condition of starting out-of-court talks to...

Residents support Taman Puring closure

Residents support Taman Puring closure JAKARTA (JP): Businesspeople, workers and residents near Taman Puring in South Jakarta expressed support for last week's closure of the park's flea market in a bid to ease traffic in the area.

Why TNI/POLRI only?

Why TNI/POLRI only?From Rakyat MerdekaI am a retired member of the Indonesian Military (TNI). I dedicated my life to the struggle for independence against the Dutch and Japanese. I am now greatly concerned that TNI and the National Police (POLRI) are objects of vilification.

Striving for effective higher education

Striving for effective higher educationBy Nirwan Idrus This is the second of two articles on ways to improve higher education. JAKARTA (JP): It is exactly two years to the day. Regrettably, business is as usual in almost all the country's state higher education institutions.

Singapore's art sector opening up

Singapore's art sector opening up SINGAPORE (AP): Singapore's arts sector has opened up and is becoming more liberal, Deputy Prime Minister Lee Hsien Loong said in a television interview broadcast on Thursday."We have opened up quite considerably over the last 10 years.

42 people killed on the road

42 people killed on the road SEMARANG: A total of 42 people have been killed in road accidents in the three days before and after the Idul Fitri holiday, provincial police announced on Thursday.Chief of traffic directorate Col.

Gus Dur wants new president for Pertamina

Gus Dur wants new president for Pertamina JAKARTA (JP): President Abdurrahman Wahid wants to replace the president of state oil and gas company Pertamina, Martiono Hadianto, and is calling on his ministers to select the best candidate to become the new leader of the largest and most strategic state...

Kuta arson suspect nabbed

Kuta arson suspect nabbed DENPASAR, Bali: Police detectives arrested on Thursday a suspect in last week's arson attack on Kuta souvenir market which destroyed 512 kiosks.The male suspect, identified only as Aw, 28, was arrested at around 00:20 a.m. at his rented house on Jl.

RP committed to AFTA

RP committed to AFTA MANILA (AFP): The Philippines' commitment to a Southeast Asian free trade area is "total" despite challenges resulting from the regional financial crisis, the country's chief economic planner said Thursday.

Japan's account surplus down

Japan's account surplus down TOKYO (AFP): Japan's current account surplus in November dropped 31.0 percent from the previous year as the strong yen offset a recovering Asia to drive up imports, the finance ministry said Thursday.

Tugu community holds ritual

Tugu community holds ritual JAKARTA (JP): Residents of the historic Tugu area of North Jakarta will hold a traditional ritual purification ceremony on Sunday.Longtime resident Samuel Quiko said on Thursday the mandi- mandi festival should have been held a week after New Year's but was postponed...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Jan. 13, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,172.00 7,244.00Australian dollar 1 4,748.58 4,799.87Austrian schilling 1 536.27 542.18Belgian franc 1 182.93 184.94Brunei dollar 1 4,300.53 4,346.31Canadian dollar 1 4,932.

Where to go in Jakarta Friday, Jan. 14, 2000

Where to go in Jakarta Friday, Jan. 14, 2000Exhibitions * Poster Exhibition: Ilmu Warna Goethe, at Goethe-Institute, Jl. Matraman Raya 23, East Jakarta (Phone: 8509132), until Jan. 20. * Painting Exhibition: Fenomena Masyarakat Urban, by 15 Jakartan artists, at Galeri Milenium, Golden Truly, Blok...

Bank Mandiri's lack of transparence

Bank Mandiri's lack of transparence The statement issued recently by Bank Mandiri's chief director, Robby Djohan, that the time hasn't yet come for his bank to disclose the names of its bad debtors constitutes a new phenomenon in this time of reform in the financial services sector, when the...

Lippo Life to invest $42m

Lippo Life to invest $42m JAKARTA (JP): Publicly listed Lippo Life of the Lippo Group said on Thursday that it had allocated Rp 300 billion (US$41.7 million) to form a venture capital focusing on the financing of internet-related businesses.

Generals' lawyers ready for international court

Generals' lawyers ready for international court JAKARTA (JP): The legal defense team representing Army top brass under scrutiny for violence in East Timor said on Thursday they were ready to face legal proceedings including, if necessary, an international tribunal.

Police identify five alleged foreign drug suppliers

Police identify five alleged foreign drug suppliers JAKARTA (JP): City police have established the identities of five foreigners shot dead during a drug raid at a rented house in South Jakarta on Wednesday evening.Jakarta Police detectives chief Col.

The U.S.: A party to mass murder?

The U.S.: A party to mass murder?By Frank Richardson This is the second of two articles examining the influence of the United States government on Indonesia in the past 30 years. JAKARTA (JP): The U.S., of course, welcomed the 1965 coup it had helped to orchestrate and immediately dispatched...

Govt starts fresh investigation into May 1998 riots

Govt starts fresh investigation into May 1998 riots JAKARTA (JP): Almost two years after the May 1998 riots, government officials said on Thursday it was starting a new investigation, as past inquiries had uncovered scant evidence to support claims of sexual violence.

KONI suggests Olympics athletes train in Sydney

KONI suggests Olympics athletes train in Sydney JAKARTA (JP): Secretary-general of the National Sports Council (KONI) Rudolf S. Warouw proposed on Thursday that the women archers and the windsurfer who are being groomed for the 2000 Olympic Games should train in Sydney.

Goh proposes $740m fund for Indonesia

Goh proposes $740m fund for Indonesia JAKARTA (JP): Singapore Prime Minister Goh Chok Tong, who is leading a big investment mission here, proposed on Thursday two investment funds totaling US$740 million designed to kick-start investment by Singaporean companies in Indonesia.

Kuntoro confident of resolving PLN's problems

Kuntoro confident of resolving PLN's problems JAKARTA (JP): Kuntoro Mangkusubroto, the new president of state electricity company PT PLN, pledged on Wednesday to settle the lingering disputes between the state company and independent power producers (IPPs) and to cut the price of power supplies...

Former key officers deny role in E. Timor mayhem

Former key officers deny role in E. Timor mayhem JAKARTA (JP): Two key officers who were assigned territorial responsibility in East Timor claimed they had been "relieved" of their duties before violence broke out in the territory.Lt. Col.

Muslim rebels leave town hall

Muslim rebels leave town hall COTABATO, Philippines (AP): Muslim guerrillas ended their occupation of a town hall and parts of a key road in a southern province on Wednesday after government troops threatened to drive them away by force, officials said.Army Maj.

Secred Rhythm to revitalize spirit of dialog

Secred Rhythm to revitalize spirit of dialogBy I Wayan Juniarta DENPASAR, Bali (JP): The Samuan Tiga Temple in Pejeng, Gianyar was considered the most suitable venue for the recent International Festival on Percussion, the Sacred Rhythm, held from Dec.31, l999 through Jan 3, 2000.

Welcome Prime Minister Goh

Welcome Prime Minister Goh What makes Singapore run? This is one of the relevant questions that Indonesians could ask themselves as they welcome Prime Minister Goh Chok Tong today. Singapore has long been this region's modern economic hub.

GAM rejects Gus Dur's offer of protection

GAM rejects Gus Dur's offer of protection BANDA ACEH, Aceh (JP): Representatives of the separatist Free Aceh Movement (GAM) have rejected President Abdurrahman Wahid's offer of protection and possible clemency if leaders of the rebel group attend an Acehnese gathering slated for Jan. 25.

Rights body defends stance on Maluku violence

Rights body defends stance on Maluku violence JAKARTA (JP): The National Commission on Human Rights (Komnas- Ham) defended on Wednesday its decision not to send a mission to strife-torn Maluku, saying an investigation was impossible to carry out while clashes raged unabated.

Arriving villagers dream of a city paved with gold

Arriving villagers dream of a city paved with gold JAKARTA (JP): For many living in small villages across the country, Jakarta is a big name.It's the land that has and probably offers everything: skyscrapers, mansions, shiny cars, entertainment, savvy people and big money.