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Bank Indonesia revises down economic growth target Bank Indonesia (BI) revised down its prediction of economic growth in 2014, from its initial 5.5-5.9 percent to 5.1-5.5 percent. "The factor that had made us revise the economic growth target down is the revision of export performance," BI governor Agus Martowardojo said at a press conference here on Thursday.

Posted in Economy @ 08 May 2014 21:23 CET by Blog Bot · permalink · 0 reactions


PDIP leads preliminary result of LSI quick count The Indonesian Democratic Party of Struggle (PDIP) led the preliminary result of a quick vote count by the Jakarta-based pollster, the Indonesian Survey Circle (LSI), in the parliamentary election on Wednesday.

Posted in Elections @ 09 April 2014 18:44 CET by Blog Bot · permalink · 0 reactions


Indonesia's economy predicted to grow 5.8 percent in Q1 Finance minister Chatib Basri had predicted Indonesia's economy grew 5.7 to 5.8 percent in the first quarter of 2014, primarily due to consumer spending. The minister said here on Monday consumer spending was expected to rise in March, although the impact had not been felt as of now.

Posted in Economy @ 07 April 2014 20:32 CET by Blog Bot · permalink · 0 reactions


Survey: 'PDIP wins 2014 elections with Jokowi' The Indonesian Institute of Sciences (LIPI) analyst Ikrar Nusabhakti predicts the Indonesian Democratic Party of Struggle (PDIP) will sweep both legislative and presidential 2014 General Elections, if it carries Joko Widodo as a presidential candidate.

Posted in Politics @ 02 September 2013 18:56 CET by Blog Bot · permalink · 0 reactions


Artificial rain demand increasing The Indonesian Agency for the Assessment and Application of Technology (BPPT) receives increasing demand of artificial rain to increase the water volume in a number of dams to anticipate an imminent dry season.

Posted in Weather @ 07 March 2013 15:19 CET by Blog Bot · permalink · 0 reactions


No indication of toppling of President Yudhoyono A survey institute director has stated that there are no indications that suggest the toppling of President Susilo Bambang Yudhoyono, despite the current legal and political climate in the country.

Posted in Politics @ 13 December 2012 21:45 CET by Blog Bot · permalink · 0 reactions


Mahfud to decide soon on possible presidential nomination Constitutional Court (MK) Chairman Mahfud MD said he might soon decide whether he would nominate himself as a presidential candidate for the 2014 presidential race.

Posted in Politics @ 01 December 2012 22:00 CET by Blog Bot · permalink · 0 reactions


Minister: 'Public should switch to non-subsidized fuel' Energy and Mineral Resources Minister Jero Wacik has urged the public to switch from subsidized fuel to non-subsidized fuel due to the shortage of subsidized fuel supply until the end of this year.

Posted in General @ 27 November 2012 00:19 CET by Blog Bot · permalink · 0 reactions


Tourism growth slowing down Bisnis.com reports that tourism leaders are beginning to see predictions of 9 million tourists to Indonesia in 2013 as overly optimistic and problematic to achieve in the light of the developing global economic situation.

Posted in Tourism @ 10 November 2012 09:00 CET by Blog Bot · permalink · 0 reactions


Dry season predicted to start in May The Meteorology, Climatology, and Geophysic Agency (BMKG) has predicted that the dry season in Indonesia will begin in 342 season zones in May 2012.

Posted in Weather @ 26 February 2012 03:25 CET by Blog Bot · permalink · 0 reactions


Jakarta predicted to experience  flooding in coming months Anybody planning to visit Jakarta in January-March this year should be prepared to have to cope with flooding if a climatological prediction announced on Thursday is correct.

Posted in Weather @ 15 January 2012 04:01 CET by Blog Bot · permalink · 0 reactions


Residents find ancient bronze jar Residents of the Pasar Lama sub-district in South Sumatra province are reported to have discovered an undated ancient bronze jar while digging a house foundation, on Wednesday (Dec 28).

Posted in History @ 30 December 2011 03:51 CET by Blog Bot · permalink · 1 reaction


Wiranto ready to be re-nominated for presidential candidate The General Chairman of the People`s Conscience Party (Hanura), Wiranto, expressed his readiness to be re-nominated as a presidential candidate for the election in 2014.

Posted in Politics @ 23 December 2011 01:55 CET by Blog Bot · permalink · 0 reactions


Tsunami early warning system a work in progress Five years after the Indian Ocean tsunami, Indonesia’s early warning system remains a work in progress, officials and experts say. Indonesia began setting up an early warning system in 2005, a year after a 9.2 Richter scale earthquake off Sumatra triggered a tsunami which left over 230,000 dead.

Posted in Earthquake @ 01 January 2010 10:16 CET by Jeroen · permalink · 4 reactions


MUI: Muslems should not watch '2012' A chapter of the Indonesian Ulema Council (MUI), the highest Muslim authority, called on all Muslims Monday to not watch 2012, saying that the Hollywood movie was misleading and against Islamic belief. Produced by Sony Pictures, Roland Emmerich's 2012 is a new movie about the Mayan doomsday starring John Cusack.

Posted in Religion @ 17 November 2009 03:36 CET by Jeroen · permalink · 0 reactions


Global financial crisis showing heavier effects on Indonesia Indonesia is suffering from the gradually increasing impact of the global financial crisis, with its export value growth in 2009 predicted to drop below zero. Indonesian central bank (Bank Indonesia)'s Deputy Governor Hartadi Sarwono said on Thursday that the country's export value is expected to drop 4.6 percent this year.

Posted in Economy @ 20 March 2009 08:32 CET by Jeroen · permalink · 0 reactions


Indonesia's central bank slashes interest rate by 50 basis points The Indonesian central bank on Wednesday cut its benchmark interest rate by a half percentage point to 7.75 percent to boost economic growth and reduce unemployment, the bank said in a statement. Easing inflation and the fall of overseas sales have triggered governor Boediono and his seven colleagues to reduce the rate, which is more than the expected 25 basis points.

Posted in Economy @ 05 March 2009 09:51 CET by Jeroen · permalink · 0 reactions


Indonesian beaches ravaged by 2004 tsunami still eroding The catastrophic damage of the 2004 Indian Ocean earthquake was mostly done within a few hours, but that was just the beginning of a different process that may take up to a decade or more to complete - the stabilization of new beaches and landforms in areas ravaged by this disaster. In continued studies, researchers at Oregon State University and the U.S. Geological Survey are finding that the beaches may continue to shift and change for several more years, as the lands adjust both to the tsunami impacts and the sudden drop of some nearby land by three to six feet.

Posted in Earthquake @ 21 January 2008 00:00 CET by Jeroen · permalink · 0 reactions


Total toll in landslides and floods climbs to 153 The number of fatalities of landslides and floods on Java Island, has climbed to 153, the National Disaster Management Agency said Sunday. President Susilo Bambang Yudhoyono has warned of possible catastrophes across the nation, which has thousands of lack-forest covered areas with dense population, due to prediction of the meteorology agency that rainfalls would be high in December, January and February.

Posted in Weather @ 31 December 2007 11:42 CET by Jeroen · permalink · 0 reactions


1.5 meter of seawater in North Jakarta neighborhood Predictions of the Meteorological and Geophysics Office and the Oceanologic department of the Indonesian army that high waters were about to hit the area of North Jakarta proved to be correct. Earlier on Saturday the first indication of rising sea water could be seen in Muara Baru. Once again residents there had to move to higher grounds after the water level started to rise quickly. Normally the water starts to rise around 08:00 local time (GMT+7), but this time the water already started to rise three hours earlier. Within about one hour the flood occupied the entire area. Water levels are predicted to rise even further.

Posted in Flooding @ 22 December 2007 11:18 CET by Jeroen · permalink · 0 reactions


Mystics: 'Mount Kelud to erupt in a week' Volcanologists apparently are unable to determine the exact time of an eruption of the Mount Kelud volcano. It might be because of that reason that villagers have turned to local mystics ans soothsayers for their opinion. However their predictions are varied as well, they all agree on one thing; the volcano will erupt in the next week. An elder in the village of Sugihwaras, Mbah - which is Javanese to politely address a revered and older person - Mulyasih, 62, prepared twelve cups of hot coffee on Wednesday afternoon. These cups of coffee, and a pack of cigarettes, were meant for the spirit guardians of the mountain. Once a week she travels ten kilometers to the crater of the Kelud volcano and offers them there.

Posted in Volcanoes @ 08 November 2007 03:54 CET by Jeroen · permalink · 0 reactions


There is the wet monsoon First some lightning and later with a rolling thunder from the south, a bunch of dark clouds heads towards the north. After two rainshowers yesterday afternoon it is very likely that it will rain again today. A clear sign that the wet monsoon finally will kick of. Somewhat late, but with half a year of virtually no rain at all, every single drop of rain is a gift from God for farmers and people with their own garden. Yesterdays rain was just a reminder of the arrival of the wet monsoon and also cleaned the streets from the dust that had been gathered in all possible and impossible places during the last six months.

Posted in Weather @ 29 October 2007 00:00 CET by Jeroen · permalink · 3 reactions


Bank Indonesia predicts economic growth between 5.7 and 6.3 % Bank Indonesia predicts the country`s economy will grow between 5.7 and 6.3 percent this year while the International Monetary Fund (IMF) forecasts it will grow by six percent. "The central bank`s board of governors predicts Indonesia`s economy will grow even higher and macro-economic stability would be maintained," BI governor Burhanuddin Abdullah said here on Thursday.

Posted in Economy @ 05 January 2007 05:17 CET by Jeroen · permalink · 0 reactions


Indonesia: ''El Nino may endure through next year' Indonesia may be affected by "moderately intense'' El Nino weather conditions that could last right through next year, parching Southeast Asia's largest economy, the meteorological agency said. Floods may follow. The events, caused by warming of equatorial waters in the Pacific Ocean, occur every two to seven years and shift normal weather patterns worldwide. Authorities would begin cloud- seeding, an official at the agency said at a briefing today.

Posted in Weather @ 09 November 2006 02:37 CET by Jeroen · permalink · 0 reactions


Haze from forest fires paralyses Indonesia airports Thick smoke from forest fires in Indonesia has shut airports and slashed visibility to below 100 metres (330 ft) -- and there is no respite in sight, officials said on Wednesday. The fires have been raging for weeks, spreading smoke across much of Southeast Asia and triggering fears of a repeat of the environmental disaster in 1997-98 when dry conditions linked to the El Nino weather pattern caused a choking haze that cost the region billions of dollars in economic losses.

Posted in Forest fires @ 18 October 2006 12:04 CET by Jeroen · permalink · 0 reactions


Secrecy, speculation surrounded prizes A Finn who helped mediate peace in Indonesia is tipped to win this year's Nobel Peace Prize, while bookmakers favor a Turkish novelist for the literature award. But in the hyper-secretive world of the panels that have spent much of the year sifting through hundreds of nominations, it's all a guessing game until the announcements start tumbling out onMonday.

Posted in General @ 30 September 2006 15:37 CET by Jeroen · permalink · 0 reactions


Residents ask to be evacuated as Merapi rumbles Residents of Sengi hamlet on the slope of Mt Merapi on Wednesday asked to be evacuated as they had heard rumbling sounds coming from the volcano's top. "They have been hearing the rumbling sounds since yesterday, an indication that Mount Merapi is to erupt," Tarno, Sengi hamlet head, said on Wednesday.

Posted in Volcanoes @ 03 May 2006 20:49 CET by Jeroen · permalink · 0 reactions


Shared end at record high at BI move Indonesia shares ended at a record high Monday buoyed the central bank's move to defy market expectations and not hike its benchmark Bank Indonesia rate for the first time since July, analysts said.

Posted in Economy @ 10 January 2006 07:07 CET by Jeroen · permalink · 0 reactions


Living on a fault line A year after the tsunami, scientists fear that another monster earthquake might one day strike Sumatra, triggering a fresh inundation by the sea. How frightened should we be?

Posted in Earthquake @ 15 December 2005 00:00 CET by Jeroen · permalink · 0 reactions


Oil price hike may increase inflation to 11 percent The Indonesia's oil price hike will contribute between 2 percent and 3 percent on inflation rate, bringing the country's inflation between 10 percent to 11 percent, a minister said here Thursday. Indonesian Coordinating Minister for Economy Aburizal Bakrie said that based on the current prices hikes resulted from the oil price hike, the contribution seemed less than 3 percent.

Posted in Economy @ 06 October 2005 18:57 CET by Jeroen · permalink · 3 reactions


Indonesia 2004 GDP +5.1%, fundamentals improve Indonesia's economy grew 5.1% in 2004 from a year earlier due to improved growth in investment and exports, the Central Statistics Bureau said Wednesday. The growth rate beat both government and analysts' predictions, suggesting the economy is on track to reach the government's 5.5% growth target this year. In the last quarter of 2004, the economy expanded 6.7% on year, although it contracted 1.6% from the July-September period due to shorter working days, the bureau said.

Posted in Economy @ 16 February 2005 00:02 CET by Jeroen · permalink · 0 reactions


Banda Aceh battles raging fire A lack of water is preventing firefighters in Indonesia's tsunami-devastated city of Banda Aceh from getting close to a raging blaze. Firefighters say the fire, spanning at least three kilometers (1.5 miles), was possibly caused by residents burning garbage. The Associated Press reports that while no one was living in the area, about 100 former residents were in the vicinity trying to salvage belongings and looking for missing loved ones.

Posted in Earthquake @ 26 January 2005 00:02 CET by Jeroen · permalink · 0 reactions


Ex-general heads for win over Megawati An urbane former general who promises to fight terror and clean up government headed for an overwhelming victory against incumbent Megawati Sukarnoputri in Indonesia's first direct presidential election Monday. Susilo Bambang Yudhoyono, Megawati's one-time chief security minister, had won 59 percent of 10 million votes counted as of noon GMT, the election commission said. Megawati had 41 percent.

Posted in Elections @ 20 September 2004 00:08 CET by Jeroen · permalink · 0 reactions


Islamists go mainstream in election As the band launches into the popular 1980s song "The Final Countdown" by rock group Europe, several thousand Indonesians at an election rally in central Java start cheering. They join in as a speaker on stage exhorts them to chant -- not the words of the song -- but Allahu Akbar (God is greatest). Welcome to a rally for one of Indonesia's most conservative Islamist parties, the Prosperous Justice Party. Instead of pushing Islamic issues, party leaders promise to tackle graft and the economy. Along with Islamic prayers and strident condemnation of Israel, there is Western music.

Posted in Elections @ 29 March 2004 00:04 CET by Jeroen · permalink · 0 reactions


Foreign investment falls sharply ahead of elections Foreign direct investment in Indonesia declined 66 percent year-on-year in January and February, official data shows, in line with analysts' predictions before elections this year. FDI approvals fell to 805.4 million dollars from 2.4 billion a year earlier, the National Coordinating Investment Board said.

Posted in Earthquake @ 29 March 2004 00:03 CET by Jeroen · permalink · 0 reactions


Employers fear loss of 1m jobs More than one million Indonesian workers will lose their jobs this year due to ineffective government policies and fierce foreign competition, an employers' group has warned. New investors would stay away, scared by uncertainties resulting from this year's general election, said the Indonesia Employers Association, which groups the nation's leading businessmen.

Posted in Economy @ 07 January 2004 00:01 CET by Jeroen · permalink · 0 reactions


KPU promises quicker vote count in 2004 The General Elections Commission (KPU) promised on Monday that vote counting in next year's presidential and representatives polls would not take months like the last election in 1999. But the commission said it could still take up to a month to work out the winner of Indonesia's first direct presidential election, seen as a major step in the country's messy transition to democracy from decades of autocratic rule.

Posted in Elections @ 29 September 2003 00:01 CET by Jeroen · permalink · 0 reactions


Indonesia faces up to post-IMF reality After five years under the harsh tutelage of the International Monetary Fund (IMF), Indonesia, Southeast Asia's largest economy, is to break free from the IMF's bailout program and loan lifeline at the end of this year when its US$5 billion line of credit expires. A government committee has drafted an economic blueprint, a White Paper for post-IMF Indonesia that will be revealed on Friday, simultaneously with the draft budget for 2004, by President Megawati Sukarnoputri.

Posted in Economy @ 17 August 2003 00:02 CET by Jeroen · permalink · 0 reactions


The president director of the State Electricity Company (PLN), Eddie Widiono, seems to be clairvoyant. Two years ago, at a seminar on electricity in Jakarta, he made a prediction that by 2003, Java-Bali would be shrouded in darkness. The reason: scarce electricity supply due to minimum PLN investments. Widiono's estimate might just be optimistic. On September 12, Asep, a resident of Cibinong, Bogor, nearly had a heart attack. A huge explosion shook his house, followed a second later by total darkness. The thundering noise came directly from next door, an electrical relay station handling extremely high voltages. Rushing outside, Asep saw one of the poles inside the station burning. "Wow, the noise was totally deafening, just like a bomb," he said. "Then there were fireworks and a sharp burning smell," he said.

Posted in General @ 23 September 2002 00:00 CET by Jeroen · permalink · 0 reactions


Voter perceptions of the qualities of individual leaders appear to play an important part in Indonesian elections, according to the earlier mentioned survey. Megawati Soekarnoputri was the clear favorite of voters according to our data, and probably pulled the Indonesian Democratic Party (PDI Perjuangan) along with her. The difference between the former Indonesian Nationalist Party's (PNI) 22 percent in 1955 and PDI Perjuangan's 34 percent in 1999 is almost certainly due in part to Megawati's appeal. Various actions of Megawati, such as her support for the reelection of Governor Sutiyoso in Jakarta, have been widely condemned. Many local observers also claim that she will be hurt by the slowness of economic recovery and by evidence that she is unwilling to fight corruption.

Posted in Politics @ 17 September 2002 00:00 CET by Jeroen · permalink · 0 reactions


Riau may become a desert in 40 years Deforestation may turn the resource-rich province of Riau into a desert in 40 years unless preventive measures are taken, the Worldwide Fund for Nature (WWF) said. The province's Spatial Layout Plan (RTRWP) up to 2015 includes converting protected forests and water catchment areas into timber estates, which will likely turn Riau into a vast barren land. The situation is worsened by illegal logging and the rapid switch to mono-cultivation where land is cleared to grow only one type of cash crop, the WWF revealed.

Posted in Environment @ 14 July 2002 00:01 CET by Jeroen · permalink · 0 reactions


Deal offered as emergency looms Vice President Megawati Soekarnoputri continued on Friday night to weigh a transfer of power deal proposed by President Abdurrahman Wahid who reportedly threatened to impose a state of national emergency should impeachment proceedings against him proceed.

Posted in Politics @ 26 May 2001 00:01 CET by Jeroen · permalink · 0 reactions


Indonesian economy headed for sharp fall Indonesia's fragile economy appears to be heading for a sharp fall this year as the ongoing political tussle in the country is undoing all the gains of last year. High-level sources told The Business Times that the government is now bracing itself for a possible Budget deficit that is between 20 trillion and 30 trillion rupiah (S$3.3 billion to S$5 billion) higher than earlier forecast.

Posted in Economy @ 04 April 2001 00:01 CET by Jeroen · permalink · 0 reactions
    
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