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 22,231 articles

Asian currencies mostly down late; won feels brunt of pain

Asian currencies mostly down late; won feels brunt of pain SINGAPORE (Dow Jones): Most Asian currencies slumped late Thursday, with the South Korean won feeling the brunt of the pain.The Thai baht, the Philippine peso and the Indonesian rupiah were also caught in the downdraft.

RI's blue-collar workers get highest pay increase

RI's blue-collar workers get highest pay increase JAKARTA (JP): Indonesian blue-collar workers received the highest salary increase in 2000 as compared to their counterparts in other Asian countries, according to a survey by management consulting firm Hewitt Associates.

Bumi Resources starts oil drilling in Yemen

Bumi Resources starts oil drilling in Yemen JAKARTA (JP): Publicly listed oil and gas company PT Bumi Resources said its wholly owned subsidiary Gallo Oil Ltd., began oil drilling activities at one of the company's six oil wells in Yemen.

KPKPN begins massive audit of state officials

KPKPN begins massive audit of state officials JAKARTA (JP): The State Official Wealth Audit Commission (KPKPN) functionaries and members were sworn in by President Abdurrahman "Gus Dur" Wahid at the State Palace on Thursday.

Fire razes Tambora slum

Fire razes Tambora slum JAKARTA (JP): Fire razed at least 20 houses in the dense modest housing complex of Tambora in West Jakarta on Thursday, but no casualties were reported.Most of the houses affected were located in neighborhood units six and 11.Witnesses said the fire began at around 1 p.m.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 11, 2001: ------------------------------------------------------------ Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,900 -150 101,500 Adindo Foresta...

The Pizza 'Hat'?

The Pizza 'Hat'? Is Pizza Hut in Indonesia refurbishing its look in the new millennium? The "Hut" previously resembled a roof but it now sports a modern hat. The "hat" is inclined and quite stylish, and it conjures up an image of a young lady, looking at her boy friend with a mischievous twinkle in...

'Sin tax' raised as idea to boost funds

'Sin tax' raised as idea to boost funds JAKARTA (JP): It is widely known that sports development needs lots of money to support its programs. Unfortunately, the National Sports Council (KONI), its provincial chapters and sports organizations have yet to be able to raise fund to finance their needs.

New Thai regulations hurting boatmen

New Thai regulations hurting boatmen KUALA LUMPUR (AFP): Some 200 Malaysian boatmen staged a protest Wednesday against a police crackdown on smuggling across a river on the border with Thailand.The boatmen plying the Golok river in the coastal town of Tumpat in Kelantan state said the operation had...

BI to maintain tight monetary policy in 2001

BI to maintain tight monetary policy in 2001 JAKARTA (JP): Bank Indonesia (BI) Governor Sjahril Sabirin said on Wednesday that the central bank would maintain its tight monetary policy this year in a bid to achieve a low inflation target of 4-6 percent.

Myanmar, opposition talks welcomed

Myanmar, opposition talks welcomed BANGKOK (AFP): Myanmar's government-in-exile welcomed on Wednesday news of landmark talks between the junta and opposition leader Aung San Suu Kyi which were brokered by United Nations envoy Razali Ismail.

Schoolboy showered with rewards for his courage

Schoolboy showered with rewards for his courageBy Ahmad Junaidi BEKASI (JP): Attired in his school uniform, Ahmad Taufik was awarded on Wednesday for reporting his discovery of three live grenades on a railway track near his house in Karangsari village, Kedung Waringin district here on Monday.

More tourists in West Sumatra

More tourists in West Sumatra PADANG, West Sumatra: Reports of social unrest across the country have not stopped tourists from visiting West Sumatra."Basically, West Sumatra is the second safest province in the country after Bali.

Ministers to brief Pope over bombings

Ministers to brief Pope over bombings JAKARTA (JP): Two cabinet ministers will soon leave for the Vatican to brief Pope John Paul II on the Christmas Eve bombings, Spokesman for the Office of the Coordinating Minister for Political, Social and Security Affairs I Wayan Karya said on Wednesday.

Bogor to have general hospital

Bogor to have general hospital BOGOR (JP): Bogor Mayoralty will build a Rp 20-billion general hospital in the Kayu Manis area of West Bogor, officials announced on Wednesday."The plan was officially approved by the Bogor Mayoralty Council in December and the funding will come from the 2001 local...

RI smust decide on coffee retention plan

RI smust decide on coffee retention plan JAKARTA (JP): Indonesia will have to decide whether or not it will join the Association of Coffee Producing Countries' coffee retention plan before the association's meeting in London later this month, a senior trade official said on Wednesday.

Wreckage of missing plane located, all people aboard killed

Wreckage of missing plane located, all people aboard killed WAMENA, Irian Jaya (JP): The wreckage of the ill-fated Navy Cassa plane was located in a remote mountainous area of Jayawijaya regency on Wednesday with all people aboard found dead.

RI foreign policy falls from grace

RI foreign policy falls from graceBy Meidyatama Suryodiningrat JAKARTA (JP): Foreign policy analyst Soedjati Djiwandono in a column in this paper recently described Indonesian foreign policy as being in disarray.

'I won't back off' says Bagir Manan

'I won't back off' says Bagir Manan Uncertainty continues to surround the selection of the chief justice following President Abdurrahman Wahid's refusal to pick from two candidates, Muladi and Bagir Manan, nominated by the House of Representatives (DPR).

Alert status for Merapi

Alert status for MerapiJP/Tarko Sudiarno YOGYAKARTA (JP): Mt. Merapi (right photo) has been placed on alert status after the 2,968-meter high mountain began showing signs of increased volcanic activity, including a two-kilometer lava flow from its crater.

House of Representatives is govt partner in making laws

House of Representatives is govt partner in making lawsBy Wimar Witoelar JAKARTA (JP): Democracy is a necessity, not an option. Unfortunately, democracy is simple only when you recite the jargon. It becomes extremely complicated when you try to implement it; the devil is in the detail.

BSD houses facing demolition

BSD houses facing demolition TANGERANG (JP): At least 10 houses in Bumi Serpong Damai (BSD) real estate complex are facing imminent demolition after the West Java High Court has granted an appeal sought by Rusli Wahyudi and declared a disputed land where the houses stand belongs to him.

Regional autonomy without the community?

Regional autonomy without the community?By Meuthia Ganie-Rochman JAKARTA (JP): Internationally, the notion of regional autonomy has at least two dimensions, namely greater say for regional/local governments and the participation of the community in decision making.

Legislators propose bill on Aceh's special autonomy

Legislators propose bill on Aceh's special autonomy JAKARTA (JP): A total of 86 legislators submitted on Wednesday a draft bill on special autonomy in Aceh which would grant the province various powers and support the establishment of a recognized provincial community figure to oversee Acehnese...

Rabat MS takes the spiritual path in art

Rabat MS takes the spiritual path in artBy Mehru Jaffer JAKARTA (JP): Musician and painter Rabat MS believes the only way to stop oneself from indulging in evil is to listen to the soul and reach out to other people.

Govt to imposes levies on fishing permits, catches

Govt to imposes levies on fishing permits, catches JAKARTA (JP): Fishing companies, depending on their vessel types and capacities, will have to pay between Rp 11,250 (about US$1.18) and Rp 109,773 per gross tonnage (GT) when applying for a fishing permit beginning this year.

Welcome H.E. Vajpayee

Welcome H.E. Vajpayee Friendly relations between Indonesia and India have long been established, since the countries were still struggling for independence from their colonial masters more than half a century ago.

Syndicated loans to Asia leaped in year 2000

Syndicated loans to Asia leaped in year 2000 NEW YORK (Dow Jones): Foreign banks that have gobbled up a bigger slice of the cake in Asia's record-setting syndicated lending market in 2000 could suffer an attack of indigestion.

Indian PM arrives in Jakarta

Indian PM arrives in JakartaJP/Alex Lumi JAKARTA (JP): Indian Prime Minister Atal Bihari Vajpayee (left) is welcomed by President Abdurrahman Wahid (right) at Merdeka Palace.The Indian prime minister arrived here Wednesday afternoon for a four-day state visit.

Rupiah Rates Jan. 10

Rupiah Rates Jan. 10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,030.00 10,030.00 9,482.00 9,578.00Australian dollar 1 5,071.25 5,637.86 5,325.09 5,383.79Austrian schilling 1 618.11 687.29 649.05 656.32Belgian franc 1 210.84 234.44 221.40 223.

Migrants will only burden the capital, official says

Migrants will only burden the capital, official says JAKARTA (JP): Some 176,000 migrants who have recently arrived in the capital to seek jobs will burden the city administration, an official said on Wednesday.

Wreckage of missing Navy plane found

Wreckage of missing Navy plane found WAMENA, Irian Jaya (JP): The wreckage of the ill-fated Navy Cassa plane was located in a remote mountainous area of Jayawijaya regency on Wednesday with all people aboard found dead.

Ajinomoto not tainted with pork enzyme: BPPT

Ajinomoto not tainted with pork enzyme: BPPT JAKARTA (JP): Echoing President Abdurrahman Wahid's statement, government scientists concluded on Wednesday that monosodium glutamate (MSG) taste enhancers produced by PT Ajinomoto Indonesia do not contain pig enzymes.

Security forces set up for mass rallies

Security forces set up for mass rallies JAKARTA (JP): Minister of Defense Mahfud MD claimed that the government had uncovered evidence that certain groups were planning to increase tension in the capital by conducting mass rallies, with the ultimate goal of destabilizing the government.

Mahaka fights on without Erick

Mahaka fights on without Erick JAKARTA (JP): Mahaka Satria Muda of Jakarta still aims to become the best basketball team in the 2001 Kobatama national league despite the resignation of its general manager Erick Thohir.

Pelti aiming for four golds in SEA Games

Pelti aiming for four golds in SEA Games JAKARTA (JP): The Indonesian Tennis Association (Pelti) is eying four of seven golds at stake in the 2001 Southeast Asian (SEA) Games in Kuala Lumpur in September."We are optimistic that we can grab four golds in the Games.

Malaysia seeks greater military ties with U.S.

Malaysia seeks greater military ties with U.S. KUALA LUMPUR (AFP): Malaysia, which sees potential security threats from unrest in Indonesia and the Philippines, said on Wednesday it is seeking stronger military cooperation with the United States.

I will gladly quit the race: Muladi

I will gladly quit the race: Muladi Question: What is your position now that Gus Dur (President Abdurrahman Wahid) has rejected your candidacy?Answer: I believe that I have done all that I needed to do.

Business owners protest govt ruling

Business owners protest govt ruling JAKARTA (JP): Dozens of established business owners who used to provide goods and services to Jakarta's city administration urged the office on Wednesday to ignore a presidential decree requiring them to register with the Jakarta chapter of the Indonesian Chamber...

KL, Thailand to begin talks over auto offset

KL, Thailand to begin talks over auto offset KUALA LUMPUR (Reuters): Malaysia said on Wednesday it would open talks this month with Thailand to discuss compensation following Kuala Lumpur's move to delay tariff cuts on auto imports.

Soedradjad questioned on BLBI malfeasance

Soedradjad questioned on BLBI malfeasance JAKARTA (JP): Former Bank Indonesia (BI) governor Soedradjad Djiwandono was again questioned on Wednesday about alleged misuse of some Rp 144.5 trillion in liquidity supports to 48 commercial banks between 1997 and 1999, Attorney General's Office spokesman...

Indonesia's tea exports are expected to increase by 10%

Indonesia's tea exports are expected to increase by 10% JAKARTA (JP): Indonesian tea exports are projected to increase by about 10 percent this year to 130,000 tons although local production will stay at last year's level of about 165,000 tons, according to the Association of Indonesian Tea...

Indonesia begins natural gas exports to Singapore from West Natuna

Indonesia begins natural gas exports to Singapore from West Natuna JAKARTA (JP): State-owned oil and gas company Pertamina said Wednesday that it and its production-sharing contractors had started sending natural gas to Singapore from the West Natuna area in the South China Sea.

BI to maintain tight monetary policy in 2001

BI to maintain tight monetary policy in 2001 JAKARTA (JP): Bank Indonesia (BI) Governor Sjahril Sabirin said on Wednesday that the central bank would maintain its tight monetary policy this year in a bid to achieve a low inflation target of 4-6 percent.

Heaven for thieves, hell for passengers

Heaven for thieves, hell for passengers Upon returning from an overseas trip in the early afternoon of Jan. 4, 2001, aboard China Airlines flight CI 677 from Taipei, we had a traumatic experience at Soekarno-Hatta International Airport.

Ship carrying nickel sinks

Ship carrying nickel sinks TORONTO (AFP): Inco, one of the world's major nickel producers, said Tuesday that a ship carrying 2,200 tonnes of its nickel in matte, worth some US$13 million, sank in stormy seas off the Japanese coast over the weekend.

Jakartans to pay homage to Thamrin

Jakartans to pay homage to Thamrin JAKARTA (JP): A celebration marking the 60th anniversary of noted Betawi (native Jakartan) figure Muhammad Hoesni Thamrin's death will be held on Thursday.Chairman of the event's organizing committee Abdul Radjak said on Tuesday that the occasion would include a...

'Black propaganda' in Estrada trial, claims judge

'Black propaganda' in Estrada trial, claims judge MANILA (Reuters): A judge in Philippine President Joseph Estrada's impeachment trial admitted on Wednesday he made money on a stock at the center of a price-fixing scandal but accused Estrada of "black propaganda" to besmirch his name.

Mapindo performed aerial mapping upon request: Hasan

Mapindo performed aerial mapping upon request: Hasan JAKARTA (JP): Timber tycoon Mohammad 'Bob' Hasan, the defendant in an allegedly fraudulent aerial mapping project between 1989 and 1999, revealed on Wednesday that he took over the project upon request of the company originally named for the job.

New DNA evidence re-opens Marsinah rape-murder case

New DNA evidence re-opens Marsinah rape-murder case JAKARTA (JP): An Australian-based laboratory has jump-started the 1993 rape-murder case of female labor activist Marsinah as it had found out that the DNA in the blood found at the residence of a former primary defendant in the case matched that...