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

Saleh Djasit elected governor

Saleh Djasit elected governor PEKANBARU, Riau: Brig. Gen. Saleh Djasit, a legislator of the Armed Forces faction, won the Riau governor's election to replace Soeripto for the 1998/2003 term.Saleh won 25 of the 45 available votes in the plenary session of the Riau provincial legislative council,...

ABRI in business

ABRI in business Apart from its sociopolitical function, the trading and business activities that have for years been conducted by ABRI -- either by individual members or by ABRI as an institution -- have now come under fire.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 28, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 275 0 500 AHAP Insurance 400 0 0 Alter Abadi 250 0 228,000 Alumindo Light Metal 250 0 0 Alumindo Perkasa 125...

Workers stage hunger strike

Workers stage hunger strike MEDAN, North Sumatra: Three workers of PT Latexindo Toba Perkasa began a hunger strike while camped out in front of the Medan Legal Aid Institute office. They are protesting the arrest of 12 fellow workers, Antara reported on Wednesday.

Why were we stopped?

Why were we stopped? As a visitor to Indonesia, I am very impressed with the friendliness of the people and the many wonderful sights in the cities and the countryside. Having already traveled around Jakarta and Yogyakarta with my family, earlier this week we set our minds toward the sights and...

People's appeal to DPR members

People's appeal to DPR membersFrom RepublikaWith reference to Republika of Oct. 15, I, who personally would like to see a basic change in this nation's life, became worried about the heavy load of the House of Representatives (DPR) to analyze, in a very short period of time, the bills submitted by...

Deepening poverty 'biggest threat to human rights'

Deepening poverty 'biggest threat to human rights' JAKARTA (JP): Minister of Foreign Affairs Ali Alatas warned on Wednesday that deepening poverty caused by East Asia's financial meltdown poses the biggest threat to human rights.

Mrs. Fields close outlets

Mrs. Fields close outlets JAKARTA (JP): Baked food franchise Mrs. Fields plans to close its last two outlets in Indonesia in the next few weeks, as the severe economic crisis has made doing business here financially untenable.An advisor to the local franchisee of the U.S.-based Mrs.

Singaporean minister: ASEAN solidarity remains solid

Singaporean minister: ASEAN solidarity remains solidBy Kornelius Purba SINGAPORE (JP): Singaporean Minister of Foreign Affairs S. Jayakumar said on Wednesday the spirit of solidarity and cooperation prevailed in the Association of Southeast Asian Nations (ASEAN) despite temporary weakening caused...

'Four forces' seen vying for power

'Four forces' seen vying for power JAKARTA (JP): The influential Foundation of the Indonesian Legal Aid Institute (YLBHI) said on Wednesday there were four social forces involved in the political power struggle, including the remnants of Soeharto's New Order regime.

Top seeds cruise into second round at Indonesia Open

Top seeds cruise into second round at Indonesia Open JAKARTA (JP): Most top seeds romped through their first round outings in the US$120,000 Sanyo Indonesia Open Badminton Championships on Wednesday, but it was rough going for Denmark's heavily favored men's stars.

Serial killings are jeopardizing reform: Habibie

Serial killings are jeopardizing reform: Habibie BANDUNG (JP): President B.J. Habibie said here on Wednesday that a series of mysterious killings of Moslem preachers and alleged black magic practitioners in East Java was jeopardizing the country's move toward democratic reform.

Winters' allegation against Ginandjar

Winters' allegation against GinandjarFrom KompasBy nature, I am an Indonesian nationalist, one that adheres to the five-point state principle Pancasila. However, as far as the truth is concerned, I will not come to the defense of something solely on the basis of nationalism.

Mandela arrives for Congo talks

Mandela arrives for Congo talks WINDHOEK (DPA): South African President Nelson Mandela arrived in Windhoek on Wednesday for private talks with Namibian President Sam Nujoma over the situation in the Democratic Republic of Congo (DRC).

DHL receives best rating

DHL receives best rating JAKARTA (JP): Air courier, DHL Worldwide Express, has been awarded the title of "Europe's most admired company in the express parcels sector", according to a survey.A survey by Michael Brown of the Nottingham School of Business rated DHL the top among its competitors...

Kadin hails creditors' moves on loans to firms

Kadin hails creditors' moves on loans to firms JAKARTA (JP): Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Aburizal Bakrie hailed on Wednesday efforts by several international creditors to renegotiate loan repayments from local companies.

Inflation may be falling, but rupiah hit by rally

Inflation may be falling, but rupiah hit by rally JAKARTA (JP): Inflation in October is expected to be zero and could even begin to fall on the back of lower food prices and the strengthening rupiah, Bank Indonesia Governor Sjahril Sabirin said on Wednesday.

Official vows help in cheap credit bid

Official vows help in cheap credit bid JAKARTA (JP): Deputy Governor for Economic and Development Affairs Budiardjo Soekmadi pledged on Wednesday to help minivan operators qualify for cheap credit worth Rp 94.1 billion (US$11.76 million) provided by the government for the transportation sector.

PT Inco reports $800,000 loss

PT Inco reports $800,000 loss JAKARTA (JP): PT International Nickel Indonesia (PT Inco) announced on Wednesday an audited loss of US$800,000 for the third quarter of 1998, compared with net earnings of $8.3 million, or three cents per share, for the same period last year.

Beards problem for Afghan boxers

Beards problem for Afghan boxers KABUL (AFP): Afghanistan's religious sports officials on Monday urged Asian Games and Olympics organizers to change laws banning beards in boxing, to allow their athletes to compete.

Ex-servicemen go on rampage

Ex-servicemen go on rampage AMBON: About 2,000 retired servicemen and civil servants went on a rampage on Tuesday and damaged the branch office of state- owned PT Taspen and the district court in protest against the court's verdict over their case, Antara reported on Wednesday.

Three members of known criminal gangs shot dead

Three members of known criminal gangs shot dead JAKARTA (JP): Police detectives shot dead three men alleged to be members of notorious criminal gangs in separate incidents early on Wednesday, fulfilling their recent pledge to take stern measures against brutal crooks.

Berlin impresses Governor Sutiyoso

Berlin impresses Governor Sutiyoso JAKARTA (JP): What's Governor Sutiyoso done so far on his two- week official trip to Turkey, Rotterdam and Berlin?According to Antara, while in Berlin, the governor was stunned by the rapid but well-integrated development of the city which -- in his opinion --...

Clean bus project resumes in April

Clean bus project resumes in April JAKARTA (JP): Swisscontact, a Switzerland-based nonprofit organization, will hold the second phase of its Rp 1 billion (US$125,000) clean bus project in the capital in April next year in a bid to help improve air quality, an environmental consultant said on...

Local residents catch suspected killers of cabbie

Local residents catch suspected killers of cabbie JAKARTA (JP): A taxi driver was allegedly stabbed to death in a robbery attempt by two teenage passengers on Tuesday night. The two suspects were later captured and beaten up after they stopped for help when the vehicle broke down in Bekasi.

Megawati views Saefuddin blunder as an 'ordeal'

Megawati views Saefuddin blunder as an 'ordeal' JAKARTA (JP): State Minister of Food and Horticulture A.M. Saefuddin has again apologized for remarks which incurred the wrath of thousands of Hindus, but Megawati Soekarnoputri -- the original target of the minister's statement -- has remained...

Local chess hero faces Karpov in quarters

Local chess hero faces Karpov in quarters JAKARTA (JP): Indonesia's Utut Adianto will square off in a rematch against official world champion Anatoly Karpov of Russia in the quarterfinals of the US$48,000 Intercontinental Rapid Chess tournament at Cap d'Agde, France, on Wednesday.

Rupiah strengthening

Rupiah strengthening Neither the recent mysterious killing spree in East Java, nor the latest wave of student demonstrations in the capital has been able to impede the rupiah's strong rebound that started last month.

Sex crime victims lack protection: Experts

Sex crime victims lack protection: Experts JAKARTA (JP): Noted law expert Loebby Loqman has sought a revision of the Criminal Code so that it covers a wider range of sexual crimes and affords victims better protection.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Oct. 28, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,350.00 7,450.00 7,350.00 7,500.00Austrian schilling 1 579.40 649.40 - -Australian dollar 1 4,392.75 4,652.75 4,360.00 4,710.00Belgian franc 1 196.

PT PLN aims to lower power price to $0.04

PT PLN aims to lower power price to $0.04By Johannes Simbolon JAKARTA (JP): Cash-strapped state electricity company PT Perusahaan Listrik Negara (PLN) will seek to cut the price of power supplied by independent power producers (IPP) to around 4 U.S.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Symphony Film 3:30 Science Film 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05 Documentary: Catatan Perjalanan 6:15...

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thunder Cats 3:05 TV Series: Daktari 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology 5:30 Education Quiz: Sang Juara 6:00 News: Lintasan Berita 6:05 Management Program: Kiat Usaha 6:15 Sports...

Asian emerging markets again a favored portfolio

Asian emerging markets again a favored portfolio SINGAPORE (Dow Jones): Cheap asset valuations along with resurgent currency and equity markets have turned Asia into a favored emerging market punt, SG's global strategist for emerging markets and Latin America said Tuesday.

Britain welcomes Indonesian government's new openness

Britain welcomes Indonesian government's new openness JAKARTA (JP): British Ambassador Robin Christopher has welcomed the political openness introduced by the Indonesian government despite the all-encompassing economic crisis, and called for discourses on democratization and human rights.

Coach, sponsor pleased with Indonesia Open

Coach, sponsor pleased with Indonesia Open JAKARTA (JP): A foreign coach and the sponsor expressed their relief on Tuesday that the Badminton Association of Indonesia (PBSI) was proceeding with the Sanyo Indonesia Open badminton championships which starts on Wednesday.

Bank Indonesia's net int'l reserves increase slightly

Bank Indonesia's net int'l reserves increase slightly JAKARTA (JP): Bank Indonesia's net international reserves increased by US$64.9 million to $13.9 billion in the week ending Oct. 23, up from $13.8 billion in the previous week, the central bank said on Tuesday.

Youth Pledge Day

Youth Pledge Day Seventy years ago to the day, a group of young Indonesian nationalists representing a number of youth organizations met in a small, little publicized gathering in what was then Batavia, the capital of the Dutch East Indies -- now the present day Jakarta.

Royal raises RI provision

Royal raises RI provision EDINBURGH (Dow Jones): Royal Bank of Scotland Group PLC (RBSB) has lifted provisions for Indonesian exposure in the second half of its fiscal year ending Sept. 30, Chief Executive George Mathewson said Tuesday.

Irian Jaya convicts 'underfed'

Irian Jaya convicts 'underfed' JAYAPURA, Irian Jaya: The head of a detention center here, Mashudi, requested visiting legislators recommend to the government an increase in the food allowance allocated to prisoners.

Canada aids 'governance reform'

Canada aids 'governance reform' JAKARTA: Chairman of National Development Planning Board (Bappenas) Boediono and Canadian Ambassador Kenneth Sunquist signed on Tuesday two development assistance programs, including one on "governance reform", worth C$5 million (US$3.3 million).

Rupiah remains firm, stocks rise slightly

Rupiah remains firm, stocks rise slightly JAKARTA (JP): The rupiah failed to continue its rally against the U.S. dollar on Tuesday, closing at 7,400, similar to its close on Monday, currency dealers said.

U.S. helping Indonesian students studying in America and at home

U.S. helping Indonesian students studying in America and at home JAKARTA (JP): Fewer academic hours and exemptions on work restrictions are among the policies helping more than 12,000 Indonesians studying in the United States, American Ambassador to Indonesia Stapleton Roy said on Tuesday.

Indonesia's Utut up and down at rapid chess

Indonesia's Utut up and down at rapid chess JAKARTA (JP): Indonesian Grand Master Utut Adianto suffered his second defeat in the US$48,000 Intercontinental Rapid Chess tournament at Cap d'Agde, France, on Tuesday.

72,000 RI workers sent home from Malaysia

72,000 RI workers sent home from Malaysia JAKARTA (JP): A total of 72,191 Indonesians in Malaysia have been sent home to their places of origin in various parts of Indonesia, Antara quoted Malaysian authorities in Kuala Lumpur on Monday.

ICMI defends Saefuddin over Hindu defamation

ICMI defends Saefuddin over Hindu defamation JAKARTA (JP): The influential Association of Indonesian Moslem Intellectuals (ICMI) came to the defense of its member State Minister of Food and Horticulture A.M.

Tangerang entertainment center vandalized

Tangerang entertainment center vandalized TANGERANG (JP): Hundreds of residents damaged Shing-Shing Soo entertainment center in Jatake village, Jatiuwung district, on Monday night in protest over its reopening after being closed down by the authorities.

Clerics announce holy war

Clerics announce holy war TANGERANG (JP): At least 100 prominent Moslem figures from the Tangerang regency branch of Islamic group Nahdlatul Ulama (NU) have pledged to mount a holy war against any parties trying to break up the country's Moslem society.

Govt angry at rivals' calls to halt loans to Cambodia

Govt angry at rivals' calls to halt loans to Cambodia PHNOM PENH (Agencies): The government accused opposition leaders on Tuesday of risking the Cambodian people's survival by calling for international lenders to stop providing loans to the kingdom.

Student soccer fans brawl, 31 injured

Student soccer fans brawl, 31 injured YOGYAKARTA (JP): At least 31 people, including an eight-year- old boy, were injured and seven motorcycles were set ablaze when supporters of two local university soccer teams clashed on Monday evening.