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

600 RP Moro fighters surrender to authorities

600 RP Moro fighters surrender to authorities CAGAYAN DE ORO, Philippines (Agencies): More than 600 Muslim rebels, including a commander, surrendered on Thursday in a ceremony led by Philippine President Joseph Estrada, who urged the remaining guerrillas to resume peace talks with the government.

Philippine Senate to probe alleged Estrada payoff

Philippine Senate to probe alleged Estrada payoff MANILA (Reuters): The Philippine Senate said on Thursday it would investigate allegations by a provincial governor that he had regularly handed millions of pesos in payoffs from illegal gambling to President Joseph Estrada.

KL plans relocating remote islanders

KL plans relocating remote islanders KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad has proposed evacuating the inhabitants of nearly 100 remote islands off northeastern Borneo to protect them against Muslim rebels from the southern Philippines, Malaysia's defense minister said on Thursday.

Asian petrochemical facing tough 2001

Asian petrochemical facing tough 2001 SINGAPORE (Reuters): Asia's petrochemical industry is heading towards a severe downturn likely to be deepened by this year's run up in crude oil prices, analysts say.

The oblique language

The oblique language While languages, like all other aspects of culture, grow and change over time, it is difficult to say that the Indonesian language, Bahasa Indonesia, is growing in the right direction -- that is, in the direction of becoming a modern language capable of conveying the complex...

ASEAN risks 'losing to China and India'

ASEAN risks 'losing to China and India' CHIANG MAI, Thailand (AFP): China and India are fast becoming the darlings of foreign investors and ASEAN must promote free trade to avoid being pushed aside, top U.S. businessmen said Thursday.

APP spooks investors over $2b debt terms

APP spooks investors over $2b debt terms HONG KONG (Bloomberg): Asia Pulp & Paper Co., one of the few Indonesian companies that didn't default during Asia's financial crisis, is now under fire for trying to change the terms on $2 billion of debt.

BCA, Bank Niaga divestments delayed

BCA, Bank Niaga divestments delayed JAKARTA (JP): The government agreed with the House of Representatives on Thursday to delay the key divestment program involving the publicly listed Bank Central Asia (BCA) and Bank Niaga.

DBS Securities might quit Indonesia

DBS Securities might quit Indonesia SINGAPORE (Bloomberg): PT DBS Securities Indonesia, an arm of Southeast Asia's largest banking group, has discussed surrendering its share trading license in Indonesia, the country's market watchdog said.

Local police chief killed in gunfight with GAM rebels in Aceh

Local police chief killed in gunfight with GAM rebels in Aceh BANDA ACEH, Aceh (JP): Krueng Sabee Police subprecinct chief First Insp. Syukri was killed in a gunfight between a police patrol and two armed rebels on Thursday in Curiek village of Aceh Barat in the troubled province, an officer said.

ASEAN Ministers agree trade deal but doubts persist

ASEAN Ministers agree trade deal but doubts persist CHIANG MAI, Thailand (Reuters): Southeast Asian economics ministers, meeting in Thailand under the shadow of flagging regional markets, on Thursday agreed a framework for settling a simmering trade row over tariff barriers.

PPD boss resigns over employees' pension fund

PPD boss resigns over employees' pension fund JAKARTA (JP): President of the city-run PPD bus company Anton Sudarto announced his resignation from the post on Thursday following his failure to obtain a Rp 13 billion (US$1.

Timorese refugees coming to grips with 'real situation'

Timorese refugees coming to grips with 'real situation' DENPASAR, Bali (JP): Chief of the Udayana Military Command Maj. Gen. Kiki Syahnakri said pro-integration East Timorese could be divided into three groups in their efforts to pursue their struggle -- realists, conservatives and opportunists.

Eurico to file pretrial suit against police

Eurico to file pretrial suit against police JAKARTA (JP): Prointegration East Timor militia leader Eurico Guterres plans to file suit against the National Police for arresting him on Wednesday morning without following legal procedures, his lawyer Suhardi Somomoeljono said on Thursday.

Asian currencies up and rupiah higher on exporter dollar selling

Asian currencies up and rupiah higher on exporter dollar selling SINGAPORE (Dow Jones): Most Asian currencies rebounded Thursday in response to local factors and a move by market participants to trim their dollar positions following a recent run-up in the U.S. currency.

Peace reached in Makassar

Peace reached in Makassar MAKASSAR, South Sulawesi (JP): The tension between the students of the state Islamic Institute (IAIN) Alaudin and Governor HZB Palaguna ended on Thursday after Palaguna apologized for the chaos triggered by civil servants during the students' demonstration against the fuel...

Mr. Kusnanto, please give facts

Mr. Kusnanto, please give facts The Indonesian Military (TNI) should be grateful to Mr. Kusnanto, a senior researcher at the Center for Strategic and International Studies, and who is also teaching at the University of Indonesia. He wrote in The Jakarta Post's Sept.

Alumni of the Ali Murtopo dynasty

Alumni of the Ali Murtopo dynastyFrom Sinar PagiA lot of cronies of the late Army Gen. Ali Murtopo are still wandering throughout Indonesia. They seem to be working by themselves, or without being commanded, which they can do because most of them are already well-established, economically speaking.

Whose justice is it, anyway?

Whose justice is it, anyway?By Donna K Woodward MEDAN (JP): Indonesia is in a state of siege. From Sabang to Merauke Indonesia is besieged by bombings, burnings, chaos and corruption. Lawlessness reigns.

Glodok Plaza to reopen in July 2001

Glodok Plaza to reopen in July 2001 JAKARTA (JP): Glodok Plaza, the biggest and most popular electronics and computer shopping center in the capital before being gutted in the May 1998 riots, is slated to reopened in July next year.

Innovations in ethnic music

Innovations in ethnic musicBy Kartika Bagus C. SURAKARTA, Central Java (JP): The audience packing the Surakarta Cultural Center Arena Theater burst into a huge roar of applause when Drumming, a composition by young artist Gunarto Gondrong, came to a close.

City parking agency plans to lower levy

City parking agency plans to lower levy JAKARTA (JP): The city car parking agency plans to lower the levy paid by private parking operators from 35 percent to between 10 percent and 15 percent of their annual income.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting, Installation Exhibition Kepala Berisi by Gigih Wiyono, at Cipta III Gallery, TIM arts center, Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087), until Oct. 15 * Painting Exhibition Women, Mon Decor Gallery, Jl. Gunung Sahari Raya no.

Bank Niaga targets Rp 700b in new loans this year

Bank Niaga targets Rp 700b in new loans this year JAKARTA (JP): An increase in equity following the government- sponsored recapitalization program in May will enable publicly listed Bank Niaga to channel some Rp 700 billion (US$79 million) in loans this year, a bank executive said here on Thursday.

Doctors told to gear up to deal with child abuse

Doctors told to gear up to deal with child abuse JAKARTA (JP): Doctors, particularly pediatricians and those assigned to the emergency ward, are being called upon to upgrade their knowledge on detecting and handling cases of child abuse.

Gus Dur told to be more circumspect

Gus Dur told to be more circumspect JAKARTA (JP): One-year into the new government, House of Representatives Speaker Akbar Tanjung acquiesced that President Abdurrahman "Gus Dur" Wahid's enigmatic behavior was an inexorable trait.

Cepogo offers alluring copper handicrafts

Cepogo offers alluring copper handicraftsBy R. Agus Bakti YOGYAKARTA (JP): Attractive handicrafts always boost the popularity of the places where they are produced. Tumang village in the Cepogo area, 15 km west of Boyolali regency in Central Java, is one of them.

Malaysia palm oil ends far below highs

Malaysia palm oil ends far below highs KUALA LUMPUR (Reuters): Malaysian palm oil futures closed well off the day's highs on Thursday in a late pullback as players took the opportunity to exit the market at higher levels, traders said.A technical rebound helped lift prices earlier.

One shot, five arrested in Senen market complex unrest

One shot, five arrested in Senen market complex unrest JAKARTA (JP): Central Jakarta Police shot one man and detained five others for looting at the Atrium Senen shopping center during unrest in the busy Senen market complex on Thursday evening, an officer said.

Pirates attack ship near Singapore

Pirates attack ship near Singapore SINGAPORE (AP): Pirates armed with pistols and knives ransacked an Indonesian-registered cargo ship off Singapore, tying up and gagging the crew before making off with cash and valuables, officials said Thursday.

Badung market to be rebuilt

Badung market to be rebuilt DENPASAR: The Denpasar mayoralty will soon rebuild Badung market which was razed by fire last September and has vowed that small traders would be given priority for sites in the biggest traditional market in the province, spokesman Nyoman Subrata said on Thursday.

Police to release 20 JSX bombing suspects

Police to release 20 JSX bombing suspects JAKARTA (JP): Twenty of the 30 people detained over the bombing of the Jakarta Stock Exchange (JSX) building will be released soon, an officer said on Thursday.Jakarta Police deputy chief Brig. Gen.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 5, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,900 630 5,559,500 Adindo Foresta Indonesia 150 0 490,500 Alakasa Industrindo 430 0 0 Alfa Retailindo...

Students for Soeharto's 'street trial'

Students for Soeharto's 'street trial' JAKARTA (JP): Some 1,000 university students rallied on Jl. Salemba Raya, Central Jakarta on Thursday, demanding a "people's court" to try former president Soeharto.

Sutiyoso responsible for takeover of PDI HQ

Sutiyoso responsible for takeover of PDI HQ JAKARTA (JP): Governor Sutiyoso was responsible for the violent takeover of the Indonesian Democratic Party (PDI) headquarters in 1996 when he was chief of the Jakarta Military Command, a top military investigator said on Thursday.

Next TNI chief will be from the Air Force: Agus

Next TNI chief will be from the Air Force: Agus JAKARTA (JP): In observance of the new paradigm that the Indonesian Military (TNI) is a united entity of elements from the Army, the Navy and the Air Force, the next TNI leadership will be decided through a rotation system, a senior military officer...

KONI still has ambush agreement with sponsors

KONI still has ambush agreement with sponsors JAKARTA (JP): Head of the National Sports Council (KONI)'s sports business and industry commission, Fritz Simanjutak, expressed his disappointment on an ambush agreement between the council and its Olympic sponsors.

Student protests mar TNI anniversary

Student protests mar TNI anniversary JAKARTA (JP): Anti-military demonstrations in several cities spoiled the 55th anniversary of the Indonesian Military (TNI) on Thursday.In Bandung, hundreds of students rallied asking the government to withdraw the military's dual function and urged the military...

Of all the bars in all the world...

Of all the bars in all the world...By William Furney JAKARTA (JP): It seemed like just another gig for yet another washed-out, aging almost-made-it songstress. Barren bar, obscure singer, drunken Western businessman, his young Indonesian girlfriend camcording him agonizingly dueting with singer...

Alcatel wins bid for Thai telecoms

Alcatel wins bid for Thai telecoms BANGKOK (AFP): French telecoms giant Alcatel Thursday won the contract to construct a fiber-optic cable network for Thailand, a spokesman for the state telephone organization said.

Violence against women

Violence against women I have noticed that Indonesian sinetron nowadays do not mind at all showing women being harassed and slapped across the face by their husbands (or male "friends").A concrete example is the advertisement on SCTV during prime time showing glimpses of the sinetron Terpikat...

ASEAN, UN to unveil action plan for drug-free SE Asia

ASEAN, UN to unveil action plan for drug-free SE Asia BANGKOK (AFP): Southeast Asian countries, together with China and the United Nations, have joined forces to draw up an action plan to make the region drug-free by 2015, a senior UN official said on Thursday.

Fuel price hike benefits the greedy

Fuel price hike benefits the greedyFrom WARTA KOTAThe impact of the fuel price hike has been unfavorably felt by needy people and students. Prices of commodities, including basic daily needs, are also up, some having jumped even before the fuel hike came into effect.

Garuda secures deals to lease seven Boeing 737s

Garuda secures deals to lease seven Boeing 737s JAKARTA (JP): National flag carrier Garuda Indonesia has secured deals to lease seven Boeing 777 aircraft from two American financing companies GE Cash and International Leasing Finance Company (ILFC), the airline's president Abdulgani said here on...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Song 9:00 Interval 2:00 p.m. News 2:30 Cartoon 3:00 Documentary 4:00 News 4:30 Talk Show 5:30 TVRI News 6:30 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News 9:30 Music 10:30 NewsProgram 2 5:30 p.m.

New kerosene price approved

New kerosene price approved BANDUNG: The Bandung city administration, the city council and representatives of the state-owned oil and gas company Pertamina have agreed to set a new kerosene price effective as of Friday, a councillor said on Thursday.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 5, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,323.00 9,323.00 8,779.00 8,867.00Australian dollar 1 4,465.29 5,006.45 4,709.93 4,761.58Austrian schilling 1 528.70 592.57 557.67 563.

Prosecutors seek review of Soeharto ruling

Prosecutors seek review of Soeharto ruling JAKARTA (JP): State prosecutors appealed on Thursday for a review of a district court ruling which had put the trial of former president Soeharto to a halt.Muchtar Arifin, the director of prosecution affairs to the Attorney General's Office, said after...

Tanker still leaking oil

Tanker still leaking oil SINGAPORE (AP): Oil was still leaking on Thursday from a Panama-registered tanker that ran aground in Indonesian waters two days earlier, officials said on Thursday.Strong winds have blown some of the spilled oil into the waters of Singapore's busy port, the Maritime and...

Israeli's Knesset speaker to meet House chief Akbar

Israeli's Knesset speaker to meet House chief Akbar JAKARTA (JP): House of Representatives Speaker Akbar Tandjung has accepted a request for a separate meeting with his Israeli Knesset counterpart Avraham Burg on the sidelines of the 104th Inter-Parliamentary Union (IPU) conference here later this...