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 18,584 articles

Vietnam internet to be expensive

Vietnam internet to be expensive HANOI (Reuters): Vietnam said yesterday it was more or less on track to launch public access to the internet in mid-November, but installation and monthly subscription costs may be beyond the reach of most of its 77 million population.

Factions back to barracks to avoid deadlock

Factions back to barracks to avoid deadlock JAKARTA (JP): Legislators at the People's Consultative Assembly (MPR) were forced yesterday to return to their respective factions for consultation following a deadlock in deliberations on the state policy guidelines.

Scripless trading to boost markets

Scripless trading to boost markets JAKARTA (JP): The transaction volume of trading in the Jakarta and Surabaya stock markets is expected to triple when scripless trading is introduced next June.Scripless Trading Committee Chairman Surdiyanto Suryodarmodjo said here yesterday that scripless trading...

Police step up cannabis crackdown

Police step up cannabis crackdown MEDAN, North Sumatra: Police in Aceh and North Sumatra this month are stepping up efforts to wipe out cannabis distribution in anticipation of the poppy harvest season.

Crisis profits local export food firms

Crisis profits local export food firms YOGYAKARTA (JP): The currency crisis, which has been affecting the country since early July, has brought in a windfall of profit to export-oriented food companies, a prominent Indonesian businessman has said.

Private power companies seek incentives from PLN

Private power companies seek incentives from PLN JAKARTA (JP): Private power companies would refuse to renegotiate with state-owned electricity company PLN over prices unless PLN offered incentives, industry sources said yesterday.

200 JakJazz musicians to rock Jakarta

200 JakJazz musicians to rock Jakarta JAKARTA (JP): About 200 well-known foreign and local jazz musicians are expected to perform at the annual Jakarta International Jazz Festival (JakJazz) from Nov. 7 to Nov. 9.

City to act against Tanah Abang hoodlums

City to act against Tanah Abang hoodlums JAKARTA (JP): Central Jakarta Mayor Andi Subur Abdullah said yesterday that his public order officers, in cooperation with the Armed Forces, are to crack down on hoodlums operating at the Tanah Abang market in Central Jakarta as of Monday.

'I didn't mean to use doping,' Tonton tells hearing

'I didn't mean to use doping,' Tonton tells hearing BANDUNG (JP): "I didn't mean to use banned substances," Indonesian cyclist Tonton Susanto said with a gloomy face at a hearing with the Indonesian Cycling Association and the association's West Java branch officials yesterday.

Garuda Indonesia to get MD-11ER jet

Garuda Indonesia to get MD-11ER jet JAKARTA (JP): Barring any delays, national air carrier Garuda Indonesia will receive tomorrow its third MD-11ER, the final jet it ordered from the former McDonnell Douglas of the United States.

Phillips consoders Indonesian gas plant

Phillips consoders Indonesian gas plant PERTH (Reuters): Phillips Petroleum Co has completed a study into building a liquefied natural gas (LNG) plant on Indonesia's Timor island as an alternative to a offshore plant or one in Australia.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 31, 1997: -------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 850 0 23,000 AHAP Insurance 2,500 0 0 Alter Abadi...

Depok mayor installed

Depok mayor installed BOGOR (JP): Bogor Regent Eddie Yoso Martadipura installed yesterday his former assistant Badrul Kamal as the new Depok mayor, replacing Sofyan Safari Hamim.Sofyan has been serving as a new secretary in the Majalengka administration in West Java for the past 18 months.

Good governance or illusion? (2)

Good governance or illusion? (2) This is the second of two articles on the possibility of Indonesia emerging with good governance following the International Monetary Fund intervention.By Makmur Keliat SURABAYA (JP): Belt tightening economic measures, imposed through cutting government subsidies...

Talks on human rights too abstract: Marzuki

Talks on human rights too abstract: Marzuki JAKARTA (JP): Human rights campaigner Marzuki Darusman lauded the public's growing awareness of rights protection as shown by more seminars on the subject, but criticized the discourse as being off-target and too abstract.

Hotel Mulia fined Rp 98b for infringing spatial permits

Hotel Mulia fined Rp 98b for infringing spatial permits JAKARTA (JP): The Hotel Mulia, which accommodated about 1,800 of the 19th SEA Games participants, has been fined Rp 98 billion (US$27.22 million) by the Jakarta administration for disregarding its spatial permits.

Austrian embassy urged to hand over asylum seekers

Austrian embassy urged to hand over asylum seekers JAKARTA (JP): Pressure grew on the Austrian Embassy yesterday to hand over two East Timorese currently seeking refuge at the embassy and suspected of being involved in terrorist activities by police.

Bili-Bili dam may be postponed

Bili-Bili dam may be postponed UJUNGPANDANG, South Sulawesi: The initial flooding of the Bili-Bili dam in Gowa may be delayed even further because 60 farmers whose land would be submerged under water have continued to refuse compensations to be paid to them.

What happened to the people's spirit

What happened to the people's spirit A few weeks ago the value of the Indonesian rupiah fell sharply against that of the U.S. dollar, falling at one stage to a low of Rp 4,000. Market forces it appeared had been gathering for some time over concern regarding the financial activities and banking...

W. Australia's mission

W. Australia's mission JAKARTA (JP): Western Australia's Primary Industry Minister Monty House is expected here this weekend in a mission to boost Western Australia's exports of food, agricultural and fisheries products, the Australian embassy said yesterday.

Sexy cow blinds young eyes

Sexy cow blinds young eyes DENPASAR, Bali (JP): A 12-year-old boy from Buleleng regency has been the object of public wrath after being caught having sex with his cow that he "mistook for a nude, pretty girl", last month.

Asian currencies dither on RI package

Asian currencies dither on RI package SINGAPORE (Reuters): Indonesia's announcement of a long- awaited IMF assistance plan gave the rupiah a slight boost on Friday, but dealers said enthusiasm was capped by the absence of the most keenly sought component -- a dollar amount.

Rp 300m donated to speed up troubled statue project

Rp 300m donated to speed up troubled statue project BANDUNG (JP): Two cabinet ministers and a businessman donated yesterday Rp 300 million (US$88,571) in fresh aid to speed up the construction of a 140-meter monument whose total worth is Rp 200 billion.

Where does E. Timorese clamor come from?

Where does E. Timorese clamor come from?By S. Belen DILI, East Timor (JP): Two of the East Timorese asylum seekers who recently entered the Austrian Embassy have been accused by the military of masterminding the production of homemade bombs for terrorist activities.East Timor Military Commander Col.

Correct surname

Correct surname Just a small point. The caption of the photograph on the front page of The Jakarta Post of Oct. 30 edition spells the Australian Ambassador's surname incorrectly. Please note the correct spelling of the Ambassador's surname is McCarthy.

Businesses, analysts await full details of latest reforms

Businesses, analysts await full details of latest reforms JAKARTA (JP): Businesspeople and analysts said yesterday they had well-anticipated all the reform measures announced by the government yesterday, but wanted to immediately learn more about the details.

KIC builds industrial estate

KIC builds industrial estate JAKARTA (JP): State-owned PT Kawasan Industri Cilacap (KIC) has built the industrial estate Tugu Wijayakusuma (KITW) on a 250-hectare plot in Semarang, Central Java, the company announced yesterday.

TV Today: Saturday, Nov. 1, l997

TV Today: Saturday, Nov. 1, l997TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: The Crystal Maze 3:10 Environment: Mengenal Lingkungan 3:35 Tour and Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:30 TV Series: Full House 6:00 News: Lintasan Berita 6:05 Nusantara, The...

Gunawan appointed new Satelindo boss

Gunawan appointed new Satelindo boss JAKARTA (JP): PT Satelindo, a private telecommunications company, announced yesterday its new board of directors and commissioners.The company, which was set up in January 1993, has appointed its former cellular director Saleh Gunawan president, replacing Iwa...

Student jailed for possessing heroin

Student jailed for possessing heroin JAKARTA (JP): The Central Jakarta District Court sentenced a senior high school student yesterday to two months and 20 days in prison for possessing putaw, a low-grade heroin.Presiding judge Rusdi As'ad said police arrested defendant Rico Ardiansayah, 16, on Aug.

Canberra, Jakarta try to solve Timor Gap rift

Canberra, Jakarta try to solve Timor Gap rift PERTH (Reuters): Australia and Indonesia are set to seek a resolution to differences stemming from upcoming gas production in the Timor Gap seabed when resource ministers from the two countries meet next week.

British police to teach in RP

British police to teach in RP MANILA (AFP): A group of British police are to arrive in the Philippines Monday to help train Filipino officers in investigating abuse against children and women, the British embassy said yesterday.

Should we be that critical?

Should we be that critical? Mr. Robert Walker really is an unhappy man ("Your Letters," Oct. 28, Some facts of life). I must admit that I have no knowledge of conditions in Bali. I only live and work with ordinary Indonesians in the back streets of Jakarta, with occasional forays to the outer...

Marsinah monolog is a spirit's search for justice

Marsinah monolog is a spirit's search for justice JAKARTA (JP): It was a lonely and desolate night, the stillness broken only by the strong smell of burning incense wafting in the darkness and the faint chirps of crickets.

ADB to give Indonesia $3.5b in aid

ADB to give Indonesia $3.5b in aid MANILA (Reuters): The Asian Development Bank (ADB) said yesterday it would grant total assistance of US$3.5 billion to Indonesia between 1998 and 2000.The Manila-based multilateral organization said in a statement Indonesia would receive four quick-disbursing...

Six minihydro power plants to be developed

Six minihydro power plants to be developed JAKARTA (JP): Three companies from Indonesia and the United States signed yesterday a joint venture agreement to develop six minihydro power plants in West Sumatra and North Sulawesi next year.

Women's rights still inadequate: Activist

Women's rights still inadequate: Activist JAKARTA (JP): Women's rights are still inadequately protected in Indonesia both in the form of legal instruments and their implementation, rights activists said yesterday.

Japan flexes muscle in Asian financial crisis

Japan flexes muscle in Asian financial crisis TOKYO (AFP): Japan flexed its economic might in the Asian crisis yesterday, announcing an emergency meeting to deal with the turmoil and dispatching a top official to Indonesia to discuss financial aid.

RI may not send soccer team to 13th Asian Games

RI may not send soccer team to 13th Asian Games JAKARTA (JP): The National Sports Council may not send the national soccer team to the 13th Asian Games next year.The council's vice chairman, Arie Sudewo, said yesterday that although the Indonesian Football Association (PSSI) wanted to finance the...

Virus kills 10,000 pigs in E. Timor

Virus kills 10,000 pigs in E. Timor DILI, East Timor: More than 10,000 pigs have died in the province in recent weeks due to a deadly virus, a local official said.Suminarwati Lenggu, head of the local husbandry service, said the virus, which has spread to six provinces in East Timor, is believed to...

Minority parties lament govt one-man-show

Minority parties lament govt one-man-show JAKARTA (JP): The minority United Development Party (PPP) and Indonesian Democratic Party (PDI) expressed disappointment yesterday over the government's one-man-show in the settlement of the ongoing economic turmoil.

Tale of two women

Tale of two women Two villagers with almost identical backgrounds were pursuing a common dream for a better life. Fate would have it that they underwent a traumatic experience that forced them to commit murder. Yet, they could not have met more different fates.

30 firms named suspects in forest fires

30 firms named suspects in forest fires JAKARTA (JP): National Police have declared at least 30 companies -- including four foreign investment firms -- and 24 people as suspects in the current forest fires which have choked a large part of Southeast Asia, a high-ranking police officer said...

Protection of labor abroad

Protection of labor abroadFrom Media IndonesiaWe are deeply concerned about the fate of our women laborers in Saudi Arabia. Soleha was beheaded recently for having killed her employer. Nasiroh is more fortunate in having her capital punishment revoked although her offense was said to be similar.

Central Java towns call for water bombers to fight fires

Central Java towns call for water bombers to fight fires JAKARTA (JP): Police in the Central Java towns of Boyolali and Semarang urgently called yesterday for foreign water bombers to help extinguish forest fires raging at several locations, including on Mt. Merbabu and Mt. Potro.

Maybank will buy 20% of BankNusa, executive says

Maybank will buy 20% of BankNusa, executive says JAKARTA (JP): Publicly listed Malaysian bank Malayan Banking Berhad (Maybank) will sign an agreement Monday to buy Bank Nusa Internasional's convertible bonds worth Rp 95 billion (US$26.4 million).BankNusa's president B.S.

Reform package set to stabilize economy

Reform package set to stabilize economy JAKARTA (JP): The Indonesian government will further trim its budget spending, abolish monopolies in several food commodities and liquidate insolvent banks in another concerted bid to stabilize the economy, which has been battered by the rupiah turmoil since...

Monkey business woos tourists in W. Sumatra

Monkey business woos tourists in W. SumatraBy Oktaveri BUNGUS, West Sumatra (Antara): Scores of monkeys raced down the hill to the roadside, scrambling and fighting for the food thrown by visitors.Some of the animals carried their young infants precariously on their back.

HK analysts warns of potential unrest

HK analysts warns of potential unrest HONG KONG (AFP): Indonesia's deepening economic woes will cause an escalation in social unrest in the months ahead, with ethnic Chinese likely to be the targets of angry mobs, analysts said in a report received here yesterday.

Indonesia and IMF agree on reform package

Indonesia and IMF agree on reform package JAKARTA (JP): The following is the full text of the government press release on the reform package agreed upon by the Indonesian government and IMF after two weeks of negotiations:The impact of an ongoing monetary crisis since July 1997 has been reflected...