Indonesian shares ended flat Friday with gains in telecommunication, mining blue chips keeping index barly in positive territory.
The Jakarta Stock Exchange Composite index closedup 0.529 point at 1,760.019 from previous of 1,759.490 as the market remained in a consolidation mode ahead of an announcement of a central bank’s new policy on interest rate Tuesday.
Heavyweight Telkom […]
Many Asian markets slid again Friday amid lingering jitters over the global selloff sparked this week by the plunge in Chinese stocks.
But markets in Hong Kong and Shanghai edged higher as some investors snatched up stocks that had fallen to attractive levels in recent days.
Hong Kong’s Hang Seng Index rose 95.41 points, or 0.49 percent, […]
At this year’s International Java Jazz Festival, foreign-based performers may outnumber homegrown artists, but that does not mean that the latter were willing to be outdone by the former.
On Saturday, the second day of the festival, local artists, who make up only 40 percent of the entire lineup of 200 performers, shone the brightest and […]
Twenty new species of sharks and rays have been discovered in Indonesia in a five-year survey of catches at local fish markets, Australian researchers said Wednesday.
The survey by the Australian Commonwealth Scientific and Industrial Research Organization, or CSIRO, represents the first in-depth look at Indonesia’s sharks and rays since Dutch scientist Pieter Bleeker described […]
Indonesia has ended its search for survivors of the latest ferry disaster with 23 people still missing and 54 confirmed dead, a navy officer said on Thursday.
There was only a “very slim” chance those missing were alive, Western Fleet spokesman Herman Pakan told AFP.
The Levina I ferry caught fire last Thursday 60 nautical miles northwest […]
Yogyakarta-based journalists who survived the powerful May 27, 2006, earthquake have received equipment distributed by the local branch of the Alliance of Independent Journalists (AJI).
Chairman of AJI Yogyakarta, Bambang Muryanto, said Monday that 42 journalists received donations of MP4 players, digital cameras and computers.
“In total we distributed 20 computers, 12 MP4 players and eight digital […]
Indonesia’s economy expanded 5.68% in 2005, which was revised from the preliminary figure of 5.60%.
“Natural disasters in 2006, such as the Yogyakarta earthquake (in May) and floods in some rice-producing areas (in the fourth quarter) took away some growth potential,” agency chairman Rusman Heriawan told reporters at a media briefing.
Heriawan said Indonesia recorded growth in […]
Indonesia grounded seven Boeing 737-300s operated by budget airline Adam Air after the fuselage of one plane cracked during a hard landing, forcing a temporary airport closure, officials said Thursday.
The incident came weeks after an Adam Air plane plunged into the sea halfway through a two-hour flight, killing all 102 people aboard. The cause […]
Indonesia’s vice president has urged the country to create a national development bank to provide long-term financing for state projects, a minister said Monday.
Sugiharto, Indonesia’s Minister for State Enterprises, told reporters that Vice President Jusuf Kalla had said a national development bank could provide multi-year financing for infrastructure projects more effectively than foreign lenders.
“The vice […]
The first Sumatran rhino born in captivity in more than 100 years is on his way “home” to Indonesia to help save the species from extinction.
Andalas is expected to arrive Tuesday from the Los Angeles Zoo and will then be transported by road to a rhino sanctuary in the Way Kambas National Park on […]
United Nations Children’s Fund ( UNICEF) representative for Central Java and Yogyakarta provinces of Indonesia, I Made Sutama, said the organization was raising USD 3.5 million worth of fund to help Indonesia preclude the spread of bird flu virus on Wednesday.
“The UNICEF at present is negotiating with donor countries to collect fund for Indonesian government […]
Even after more than 60 years, the defiance remained as Jan Ruff O’Herne described her refusal to submit to the Japanese soldiers who repeatedly raped her as a young woman in Indonesia.
She told U.S. lawmakers how she shaved her head to make herself unattractive. How she hid, one time even in a tree. How she […]