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Chief of the National Search and Rescue Agency (Basarnas) F. H. Bambang Soelistyo said here on Wednesday that the fuselage of AirAsia flight QZ8501 has been recovered.
"The fuselage with a wing still attached was found today," he affirmed at the Basarnas headquarters.
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Child abuse cases continue to increase in Indonesia as it does not yet have an effective child protection management system to handle crimes on juveniles, noted the National Commission for Child Protection (Komnas PA).
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US Navy underwater archeologists, in conjunction with Indonesian Navy divers, have assessed in an interim report that the wrecked vessel surveyed in the Java Sea in June is "consistent with the identification" of the World War II wreck of the cruiser USS Houston (CA 30), and that divers documented conclusive evidence of a pattern of unauthorized disturbance of the gravesite.
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Aceh Governor Zaini Abdullah said the visit of former United States President Bill Clinton to Aceh will have a positive impact on the western Indonesian province. "We expect a positive impact on Aceh after the visit by the former President of the United States," Aceh Governor Abdullah Zaini said here on Saturday.
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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.
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President Susilo Bambang Yudhoyono on Friday signed presidential instruction no. 2/2014, entitled Drafting of Corruption Prevention and Eradication Action Plan (PPK). The presidential directive becomes effective on March 21, 2014, the cabinet secretary said on its website.
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The High Court of Hong Kongs Special Administrative Region has complied Indonesias request to confiscate Bank Centurys assets stashed in that country with regard to a corruption case.
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The foreign arrival numbers for Bali through the end of November 2013 are in totaling 2.97 million, surpassing, even before figures for December are in, the highest total for any year in the history of Bali arrival.
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Bisnis.com is reporting that Indonesian airlines will soon be able to impose a cost recovery surcharge to recoup losses they are suffering due to the weakening exchange value of the Indonesian Rupiah against the U.S. dollar.
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Indonesia marked International Anti-Corruption Day as well as Human Rights Day at a function held in the Presidential Palace, here on Monday.
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Indonesia`s President Susilo Bambang Yudhoyono formally opened the Asia Pacific Economic Cooperation (APEC) summit here on Monday, underlining the forum`s increasing role in ensuring regional economic growth.
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Indonesia and China have established anti corruption cooperation, according to a press release from Indonesian Embassy here on Tuesday.
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President Susilo Bambang Yudhoyono is expected to inaugurate Hospital for Workers in August 2013, according to State Enterprises Minister Dahlan Iskan.
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Most bankers in Indonesia are optimistic the country`s economy would grow strongly in 2013 despite global uncertainties, a survey says. The survey by Price Waterhouse Coopers (PwC) Indonesia said 87 percent of respondents said the country`s economy would post a stable growth with moderate inflation in 2013.
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The Ministry of Communications and Information said some telecommunications infrastructure facilities in flood-affected locations in Jakarta were still off due to floods.
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A panel of judges of anti-corruption court Tipikor sentenced Angelina Sondakh (Angie), a defendant in a budget corruption case involving two ministries, to 4.5 years' imprisonment on Thursday.
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To help communities better prepare for floods, earthquakes and tsunamis, a new hazard impact modelling tool, the Indonesia scenario assessment for emergencies (InaSAFE), was launched Wednesday, according to the Australian Embassy here in its official web site on Wednesday.
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After remaining closed for several days on account of public holidays, markets in Indonesia opened on Thursday, with the rupiah to US dollar exchange rate staying sluggish. Jakarta interbank transactions fixed the rupiah`s exchange rate against the USD at Rp9,485 per US dollar.
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Indonesia’s Minister of Tourism and the Creative Economy, Mari Elka Pangestu, sees direct flights as critical to increasing international tourist flows to Indonesia.
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President Susilo Bambang Yudhoyono has said the government and the private sector must strengthen cooperation to boost the country`s economy. "The private sector and the government are often late in benefiting the real opportunities for our economy and businesses," Yudhoyono said on the plane heading to Mexico, Sunday, for the G20 Summit.
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Social Affairs Minister Salim Segaf Al Jufri arrived in Ambon on Thursday morning, on a two-day working visit, in a bid to boost the social welfare sector in Maluku province.
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An Indonesian tug boat which was hijacked with nine crew members in the Straight of Singapore last month was rescued on Monday, officials said on Tuesday.
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Use of antibiotics has reached an alarming level in Indonesia, fuelled by poor diagnosis, ignorance and poor regulation of drugs, experts said.
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Indonesia's National Disaster Mitigation Agency (BNPB) on Monday announced that reconstruction efforts for the Mentawai islands, which was struck by a devastating tsunami on October 25, 2010 that cuased over 400 deaths, will cost around 1.16 trillion rupiahs ($133.4 million).
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The government of Indonesia on Monday announced it will soon implement the United Nations (UN) Security Council resolution 1325 on women, peace, and security, the country's Antara news agency reported.
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Indonesia's Foreign Ministry on Thursday informed that at least 97 Indonesians have been evacuated from Australia due to major flooding, the Jakarta Globe reported.
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People living on the slopes of Mount Merapi are being encouraged to replant as part of a government campaign to restore land badly damaged by recent eruptions. The campaign officially kicked off on Tuesday with Agriculture Minister Suswono planting banana trees in Batur village, Sleman, in Yogyakarta.
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Indonesian President Susilo Bambang Yudhoyono has ordered the State Minister for Women and Child Protection Linda Agum Gumelar to travel to Saudi Arabia in order to oversee the investigation into the torture of an Indonesian maid, officials said Thursday.
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Hot weather causes search and rescue for victims of hot pyroclastic flows exhausted by the Mount Merapi volcano. It is expected that there are still a number of bodies in several villages in and around Cangkringan, but because of hot weather, evacuation efforts are slower than expected. Search and rescue teams had to retreat to an emergency post in Wedomartani, Ngemplak.
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Indonesia is one of the "rising stars" of emerging Asia and some economists believe this vast nation will one day become a regional superpower, behind only China and India, as global economic activity increasingly shifts towards east Asia, away from the faltering developed nations of the west and Japan.
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Anak Agung Gde Agung is one of Indonesia's most distinguished and well-informed senior statesmen. He is a graduate of Harvard and Leiden universities. He as attended the Fletcher School of Law and Diplomacy in the United States and served as social services minister during the administration of President Abdurrahman Wahid.
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Bali set a new record of foreign tourist arrivals with 2.2 million in 2009, but local and international tourism industry players doubt the island can equal or break the mark in the future. Ida Bagus Sidharta Putra of Santrian Group tours and travel network said Saturday Bali was lucky to receive foreign tourists who shifted their destination from Thailand due to a protracted political crisis there last year.
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Picture this: A 10-meter wide asteroid hits Earth and explodes in the atmosphere with the energy of a small atomic bomb. Frightened by thunderous sounds and shaking walls, people rush out of their homes, thinking that an earthquake is in progress. All they see is a twisting trail of debris in the mid-day sky. This is what happened on Oct. 8th around 11 am local time in the coastal town of Bone, South Sulawesi.
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Indonesia is targeting 6.8 million foreign tourist visitors in 2009 with tourism officials insisting that the tourism sector will remain the "prima donna" of the nation's foreign exchange generators.
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The number of foreign tourists in Indonesia rose nearly 16 percent in February from a year ago, helped by a surge in visitors to the resort island of Bali, government data showed on Tuesday. The predominantly Hindu island of Bali, which accounted for about 40 percent of total foreign arrivals, has seen tourist numbers rebound after a slow recovery from the impact of suicide bomb attacks by Islamic militants in 2002 and 2005.
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The Indonesian economy is expected to have grown at its fastest pace in 2007 since the country was hit by the Asian financial crisis 11 years ago, driven mostly by private consumption. Falling interest rates, a strong financial market performance, and an increase in pay for civil servants are expected to have underpinned the recovery in purchasing power, said Destry Damayanti, an economist at Mandiri Securities.
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The inclusion of the name of PT Air Paradise Indonesia in a list of airlines whose operating licenses have been withdrawn by the Government due to prolonged non-operations may spell the final epitaph in the heroic efforts of a Balinese businessman to create a Bali-based international airline.
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The search on Bali's Mount Agung for two missing students from Bandung's Widyatama University - Eko Saputra Sudirman and Yunita Indah Savitri has been halted. As reported earlier, three trekkers went missing on December 26, 2007, with a search effort commenced on December 30, 2007. The body of one of the hikers, Muhammad Ikbal (21) was discovered by searchers on January 6th but the remaining 2 students are still missing.
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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.
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To help the people in Yogyakarta in their recovery after the earthquake of 27 May 2006 and also to celebrate the 252th birthday of the city of Yogyakarta (7 October 1756 - 7 October 2008) everyone is invited to join the effort to set a new national or even international record so that the name of Yogyakarta will be known all over the world soon.
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The Indonesian government will advance a bold proposal to preserve tropical forests at the coming United Nations Framework on Climate Change Conference (UNFCCC) to be held in Bali December 3-14, 2007.
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A second tsunami-detection system for the Indian Ocean will launch from Jakarta, Indonesia, September 19, part of the $1 billion U.S. recovery, restoration and technical contribution to the region after the 9.1-magnitude earthquake and tsunami that devastated the area in 2004.
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As reported on balidiscovery.com, total foreign arrivals during the first four months of 2007 totaled 472,082 - representing an improvement of +38.38% over the same four months in 2006 and the strongest start to any year on record. The graphics presented here in 'Bali by the Numbers' examining Bali's top four source markets for the first four months of each year from 2000 - 2007 show:
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One year on from the Yogyakarta earthquake, hundreds of thousands of people are rebuilding their lives, picking up the pieces that were so violently smashed. For a lot of survivors, the long road to recovery is compounded by feelings of grief and loss. Many people lost family members and friends in the earthquake. Some also lost the ability to walk. Nearly a thousand people suffered spinal injuries, a tragically common consequence of earthquakes, when collapsing buildings crushed occupants.
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Habitat for Humanity Indonesia has put its wheels into motion with a fast response to rehabilitate 1,000 flood-damaged homes in Jakarta in three months. HFH Indonesia kicked off the project on 17th February with the rehabilitation of five houses in Sukakarya, Bekasi, one of the most affected areas. This will involve mostly repairs of the houses' earth flooring. Come next week, Habitat will start rehabilitation works in Jakarta.
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The UN HC/RC Office in Indonesia based on information provided by the National Coordinating Board for the Management of Disaster (BAKORNAS PB), the Provincial Coordinating Unit for the Management of Disaster (SATKORLAK PB) Jakarta, the Indonesian Red Cross (PMI), the Meteorology and Geophysics Agency (BMG), and media reports has prepared this report.
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Search teams have located 10 more bodies from an Indonesian ferry that sank in rough seas off Java Island late last month, but more than 300 people remained unaccounted for, a rescue official said Wednesday. Lieutenant Priyono, an official at the National Search and Rescue Agency in Surabaya, capital of East Java province, told DPA that the evacuation process for the bodies spotted is still underway by two Indonesian Navy ships.
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Paul Wolfowitz, a key architect of America's invasion of Iraq and its ambitions to reshape the world, was President George Bush's controversial choice to take the reins of the World Bank last year. Mr Wolfowitz, despised by many for his policies but admired for his intellect, ignored the furore over his appointment, waiting 12 months to make his first major policy pronouncement. Its location, Indonesia, and his warning of rampant corruption undermining global aid and development efforts, was almost as ambitious and controversial as his attempts to re-engineer the Middle East.
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Jones Ginting can't remember much of his battle with bird flu, and it's probably for the best. For the first two weeks, he slipped in and out of consciousness at Adam Malik Hospital. His skin stuck to the sweaty sheets as a fever raged. His arms were as rigid as steel pipes. When he did come to, he was delirious and agitated, fighting nurses who were trying to give him the antiviral drug Tamiflu. And always, always, he was struggling to breathe.
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The government and Bank Indonesia (BI) have signed a joint decree to improve coordination between fiscal and monetary authorities and help reform financial markets. Announcing the package Wednesday, Coordinating Minister for the Economy Boediono said it was expected to accelerate reforms in the banking sector, non-bank financial institutions and in capital markets. It would also enhance businesses' access to capital, he said.
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Two men trapped in a bunker by volcanic debris from Indonesia's Mount Merapi volcano have died, disaster management officials and a Reuters witness said on Friday. "The first person was in a singed condition because of hot steam," Widisutikno told Elshinta news radio, while the second person's body was intact when recovered from the bunker early on Friday morning.
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The International Red Cross has tripled its emergency aid appeal to help survivors of the earthquake, which killed more than 5800 people in Indonesia last month. The International Federation of Red Cross and Red Crescent Societies (IFRC) said it was increasing its appeal to US$31 million ($49 million), after donors covered its initial May 27 request for US$10.4 million.
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Hundreds of women cradling babies and holding the hands of children lined up Wednesday as Indonesia kicked off a massive campaign to immunize more than 1.5 million people against disease following last month's deadly earthquake.
“We are racing against time,” said Gandung Hermanto, head of the surveillance division at the health department in Bantul, the district hardest hit by the May 27 quake that turned ramshackle homes into piles of bricks and rubble in less than a minute.
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Many of Indonesia's 650,000 homeless earthquake survivors are living with deteriorating sanitary conditions, forced to wash with dirty water that infects wounds and spreads skin disease, doctors said Sunday. Another peril loomed from a nearby volcano, which spewed lava and hot gases dozens of times on Sunday. There was also concern about bird flu in the quake zone, as the number of Indonesia's human deaths from the virus mounted. Some of the homeless have taken shelter in chicken coops that aid workers fear could contain the disease.
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Indonesia's weekend earthquake shook the country's ancient Javanese royal capital, but left little damage in the cultural and educational hub that has endured both man-made and natural disasters before. Yogyakarta, a city of half a million long ruled by descendants of the Indonesian royal family and home to a centuries-old palace, was woken by the magnitude 6.3 quake at dawn on Saturday.
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Desperate relatives searched rubble for survivors Saturday after a powerful earthquake flattened nearly all the buildings in this rice-farming town while residents slept, killing more than 3,500 people on Indonesia's densely populated Java island. The magnitude-6.3 quake wounded thousands more and was the nation's worst disaster since the 2004 tsunami. It also triggered fears that a rumbling volcano nearby would erupt.
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More than 3.000 people have been killed in Indonesia and 1,000 injured after an earthquake measuring 6.2 on the Richter scale struck the densely populated area of southern Central Java on Friday 26 May 2006. Hundreds of Indonesian Red Cross volunteers responded immediately to the scene, distributing food, mineral water, tents, tarpaulins and baby kits to those affected.
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Moody's Investors Service said on Friday it had upgraded Indonesia's sovereign rating by one notch to B1, citing substantial and steady improvement in government finances.
The outlook on the rating is stable, it said in a statement.
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Former Indonesian President Suharto's condition has deteriorated after further internal bleeding, but the long-time ruler is fully conscious, one of his doctors said on Saturday.
Suharto, 84, who ruled Indonesia for 32 years, was admitted to hospital more than a week ago because of bleeding in his digestive system, which lowered his body's oxygen level, including to his brain.
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Singapore is negotiating with Indonesia to seek concessions to partly manage Bintan Island in Riau Islands province by turning it into free trade zone (FTZ), which could accommodate more foreign manufacturing companies. The first round of negotiation, which looks likely to trigger controversy among local politicians, began on Batam island Saturday, with Vice President Jusuf Kalla and Singapore's Foreign Affair Minister George Yong-Boon Yeo at the forefront of the talks.
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Oil traders looking for a rebound in Indonesia’s oil demand that could resuscitate moribund diesel and gasoline markets may be in for a long wait as Indonesians have quickly learned to live with less fuel. Despite hopes for a quick recovery, consumers in Asia’s fifth-biggest oil user are burning nearly 20 percent or 200,000 barrels per day (bpd) less fuel than a year ago after the government doubled retail prices last October, industry officials say.
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A collaboration between the Indonesian Ministry of Health, Cut Nyak Dien Hospital in Meulaboh, dr. Sardjito Hospital and The University of Gadjah Mada (UGM) Jogjakarta with support from The University of Melbourne and The Royal Children’s Hospital.
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Mourners returned to battered shorelines Monday to mark one year since the Indian Ocean tsunami crashed ashore in a dozen countries, laying waste to coastal communities and sweeping away at least 216,000 lives. Under a clear sky and before a gentle sea, survivors, friends and relatives of those who died and world leaders commemorated those lost in one of the worst natural disasters the modern world has experienced.
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Former rebels in Aceh completed a weapons handover on Monday under a peace pact that ended one of Asia's longest running civil wars, foreign monitors said.
"Today we could confirm that the (Free) Aceh Movement has offered the last of their weapons, thereby completing their commitment under the Helsinki MOU (Memorandum of Understanding)," Pieter Feith, chief of the European Union-led Aceh Monitoring Mission, told a news conference.
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Billions of dollars have been pledged and thousands of new homes built but the city of Banda Aceh is still a scene of devastation after the Boxing Day tsunami of last year.
Tens of thousands are surviving in shanty towns of scrap wood and metal churned up by the terrifying force of the sea. There are 67,500 still living in tents. More than 200,000 survivors are thought to be staying with friends or relatives. Along the coast, towns and villages are nothing more than swampland and rubble. Survivors are jammed together in windowless plywood barracks hurriedly built by the army.
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Australian forces will resume training exercises with Indonesia's Kopassus elite commando force next year, Defense Minister Robert Hill said Sunday. The maneuvers will be the first since Canberra suspended joint training with the commando force known as Kopassus following widespread allegations the troops were involved in human rights abuses in East Timor ahead of the former Indonesian province's 1999 independence vote.
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President Susilo Bambang Yudhoyono has started interviewing several people as candidates for members of his new Cabinet team, a source at the State Palace said.
The source, who requested anonymity, was quoted by the online news service of Kompas daily on Sunday as saying that the interviews had been conducted over the past few days.
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At least 63 people have been infected with or are suspected to have contracted bird flu in Indonesia this year, a health ministry official said. 'For the whole of Indonesia, a total of 63 people have been suspected of infection or diagnosed as infected with bird flu since the first human infection case was found,' said the official.
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A 5-year-old boy given up for dead in a plane crash in Indonesia that killed 148 people has been found in a hospital and reunited with his parents. Investigators sifted Tuesday through the charred wreckage of the Mandala Airlines' Boeing 737-200, trying to determine why it slammed onto a crowded street in Indonesia's third-largest city, creating a path of destruction as it plowed into houses, cars, and pedestrians.
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Indonesia said it would hold a mass burial Wednesday for unidentified victims of a plane crash that killed 148 people, even as a 5-year-old boy given up for dead was found in a hospital and reunited with his parents. Investigators sifted through the charred wreckage of the Mandala Airlines' Boeing 737-200, trying to determine why it slammed onto a crowded street in Indonesia's third-largest city Monday, creating a path of destruction as it plowed into houses, cars, and pedestrians.
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Indonesia will raise fuel prices early next year to reduce the impact of soaring global oil costs on its budget, the economics minister was quoted as saying Sunday. Indonesia's economic recovery is being threatened by the impact of global crude oil prices at more than $60 a barrel, dwindling domestic oil output, and strong local demand for energy.
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Indonesia's president called on government departments to cut down on air conditioning and take other energy-saving measures in the face of nationwide fuel shortages.
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Former Indonesian president Suharto is suffering from internal bleeding and breathing problems and needs to stay in hospital longer, a senior doctor said on Monday. The 83-year-old former strongman was taken to a Jakarta hospital on Thursday because of unspecified blood problems.
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The government plans to launch the tender for 22 oil and gas blocks in the third week of this month following an earlier delay, Koran Tempo reported, quoting an official at the Ministry of Energy and Mineral Resources. It quoted the ministry's director for exploration Novian Thayib as saying that the tender will include two producing oil and gas blocks whose contracts have expired.
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Indonesia's president named a former minister to head a powerful agency responsible for the reconstruction of areas affected by the Dec. 26 tsunami and other recent disasters, a decree obtained by Reuters on Sunday showed. Former mines and energy minister, Kuntoro Mangkusubroto, will manage a 46.1 trillion rupiah ($4.84 billion) fund for rebuilding the tsunami-stricken Aceh province and Nias island, it said.
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Strong aftershocks rattled earthquake-devastated Nias island on Thursday as international aid flowed in and rescuers pulled survivors out of the rubble of collapsed buildings. At least three tremors rocked the area off the west coast of Indonesia's Sumatra island, one of them measured at 6.3 on the Richter scale by the Hong Kong observatory, causing alarm as rescue efforts and body recovery operations entered a third day.
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UNHCR, the UN refugee agency today announced its plan to leave Aceh by Friday, March 25. The moves coincide with the government's announced plans for the transition from emergency relief to long-term reconstruction, and to weed out irrelevant foreign worker. Unfortunately, the agency will leave Aceh with some unfulfilled promises, including plan to build permanent house in Calang. Who's next?
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Suwarno drags deeply on his kretek cigarette, the scented fumes swirling lazily in the Indonesian sunshine. Strong and cheap, the exotic smoke leaves him a little dizzy, but each lungful could take his country nearer its long overdue economic recovery.
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It is the single most unpopular decision any Indonesian president could make, with the potential to trigger immediate political unrest. But the move by President Susilo Bambang Yudhoyono to cut costly fuel subsidies and so push fuel prices up by 30 per cent in a poor nation is also the single most important decision for the recovery of the ailing Indonesian economy. And with half the Indonesian population scraping by on less than $2.50 a day, economic growth - and spending on basic services such as health, education and infrastructure - is the key to social and political stability on Australia's northern doorstep. The former president, Megawati Soekarnoputri, long understood this link, but lacked the political courage to take on the protesters. Yesterday, however, fuel prices did finally rise, despite the unhappy mobs and panic buying at the petrol bowsers.
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The death toll from a landslide that swept through two Indonesian villages near a garbage dump last week rose to 96 on Sunday as recovery crews pulled more bodies out of mounds of dirt and waste. Almost no hope is held for 47 people still believed missing after a wall of black mud and garbage up to seven metres (23 ft) high swept through homes in the West Java villages before dawn on Feb. 21.
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Indonesia's economy expanded at its fastest pace in at least four years in the fourth quarter as the cheapest credit since 1998 spurred consumers to increase spending on goods including cars, motorcycles and mobile phones. Southeast Asia's largest economy grew 6.7 percent in the three months ended Dec. 31 from a year earlier, the statistics office said in Jakarta. The economy expanded 5.1 percent last year, the most since 1996.
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The body squad has been doing its dirty, dangerous and unavoidable work here for nearly a month. Yet, every day, incredibly, there are still more victims of the Asian tsunami to be found, bagged and buried. The squad — Indonesian soldiers and Red Cross volunteers — gathers in the Punge neighborhood of this provincial capital. The Indonesian army says more than 17,600 bodies have been pulled from this area. The Indonesian Red Cross says more than 92,700 bodies have been found in Aceh province, the area hit hardest Dec. 26 by the earthquake and tsunami.
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Tsunami-hit Indonesia was considering an offer of a debt repayment freeze from the Paris Club of donor nations, but was concerned the aid could damage its economy, foreign minister Hasan Wirayuda said yesterday. The Asian Development Bank said yesterday the disaster could throw nearly 2 million people into poverty, but most of the stricken nations would suffer limited economic damage.
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The chaotic operation to help Indonesia's tsunami survivors stalled after a plane crash blocked the relief effort's main airport, as the UN warned there could be tens of thousands of new deaths. Even as hundreds of workers backed by helicopters descended on Aceh province on Sumatra island, the area worst-hit, the UN's aid coordination chief said the full horror of the death and ruin had yet to be realized.
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The system broke down in this provincial capital when massive earthquake-triggered walls of water swept through it on Sunday, but recovery is already under way, State Minister of Communications and Information Sofyan A. Djalil said on Wednesday. Banda Aceh and other parts of Aceh province bore the brunt of a death toll that officials say could exceed 40,000.
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A tearful President Megawati Sukarnoputri has told Indonesians to accept the result of the country's landmark leadership ballot, but has not explicitly conceded defeat to her former security chief. Megawati's team has threatened to challenge the vote count from some areas, putting winner Susilo Bambang Yudhoyono in a bind and risking what could have been an orderly end to Indonesia's first direct presidential election.
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Over 100 million people are expected to flock to hundreds of thousands of polling stations on Monday to cast their votes in the final round of the country's first-ever direct presidential election. While recognizing Monday's election as a significant milestone in the country's democratization process, experts nevertheless warned on Sunday against putting too much hope in the next president.
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Indonesian President Megawati Soekarnoputri, in her last televised debate before seeking re- election on Monday, said her three-year-old government set the foundation for the country's economic recovery. ``As a nation, we are required to continue the development that we have achieved so far or to start from a new beginning,'' she told a panel on the all-news MetroTV channel. ``The answer will certainly be -- to continue to develop from a strong foundation, to reduce poverty, provide more jobs and improve people's welfare.''
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Soaring oil prices have again been creating headlines in the economic sections of most newspapers. After climbing about 40 percent last year, oil prices have continued to gyrate widely over the past two weeks.
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The central bank has officially revoked the licenses of two banks, Bank Ratu and Prasidha Utama Bank -- the remaining two of the 52 banks the government decided to close down at the height of the crisis in the late 1990s. The closure of the two banks was stipulated in two decrees of Bank Indonesia's governor dated April 29. The liquidation of the two banks was delayed as the central bank had to wait for decisions of the Supreme Court giving the go-ahead, Antara reported on Friday.
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The chairman of Indonesia's former ruling Golkar party has promised not to repeat the mistakes it made as former dictator, Suharto's political vehicle. Akbar Tandjung, who is also parliamentary speaker and a presidential-hopeful, insists that his party is committed to reform. The party has been using the economic stability of the Suharto-era as a ticket to garner more votes. As Indonesians go to the polls in legislative elections on Monday, April 5th, analysts are saying that voters are now concerned with electing a party that can bring about economic prosperity.
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Indonesians were voting in parliamentary elections yesterday in a crowded contest expected to see the former political party of ousted strongman Suharto win the most votes, but not a majority. Nearly 600,000 polling stations opened in stages across the three time zones of the world's most populous Muslim country amid tight security. The ballot has been billed as the biggest one-day vote in history, and is only Indonesia's second democratic election since Suharto's fall in 1998.
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Indonesians have begun voting in parliamentary elections in a crowded contest expected to see the former political party of ousted strongman Suharto win the most votes, but not a majority. Polling stations opened in stages across the world's most populous Muslim nation amid tight security in what is billed as the biggest one-day vote in history, and is only Indonesia's second democratic election since Suharto's fall in 1998.
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Churchill caught the complexity of democracy in his famous line about it being the worst way to choose a government, except for all the other ways. Indonesia will be demonstrating both sides of this aphorism over the next few months. The good news is that Indonesia is about to choose its next government through peaceful elections. The bad news is that the outcome is unlikely to be good, and could be quite bad - for Indonesia and for ourselves. Australia's security depends on an Indonesia that is stable, prosperous, cohesive and democratic. It seems our chances of getting all four are slim.
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On behalf of The United States-Indonesia Society and the National Commission on United States-Indonesia Relations, I thank you for this opportunity to present my perspectives on some of the major trends and challenges shaping priorities for U.S. policy in Southeast Asia. I returned yesterday from two weeks in Indonesia and also look forward to sharing my views on developments in that important nation.
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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.
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Indonesia said on Monday it had formally decided to end its loan programme with the IMF once it expires at the end of the year, ending a financial lifeline that has been in place since the 1997-98 Asian financial crisis. Ministers had been saying for months that Indonesia would not seek a new loan deal once the current $5 billion programme ended but the decision had needed President Megawati Sukarnoputri's final seal of approval.
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A two-day meeting of European and Asian finance ministers has called for closer economic ties between the two regions as they struggle to shake off the impact of war, terrorism and SARS. The fifth Asia Europe Meeting (ASEM), hosted by Indonesia on the resort island of Bali, was officially opened by Indonesia's top economics minister Dorodjatun Kuntjoro-Jakti and Finance Minister Budiono.
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Tourist arrivals to Bali almost doubled in December from the previous month to 68,000, signaling a recovery in an industry that has been devastated by the Oct. 12 nightclub bombings, Indonesia's statistics bureau said. Still, Indonesia's tourist industry, which contributes about 5 percent to annual gross domestic product, suffered badly in 2002 due to the blast, the statistics bureau said in figures received Tuesday.
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In Indonesia, the Bank Restructuring Agency, or IBRA, is racing against time to sell off its remaining assets before it disbands by year-end. It plans to sell 81 trillion rupiah (US$9 billion) of bad loans, starting next month.
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