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Budi Mulya sentenced to 10 years` imprisonment Former deputy governor of Bank Indonesia Budi Mulya was sentenced on Wednesday to 10 years imprisonment by the anti corruption court with a fine of Rp500 million or an additional jail term of 5 months.

Posted in Crime @ 17 July 2014 02:03 CET by Blog Bot · permalink · 0 reactions


Bank Century scandal causes Rp7.4 trillion losses to the state Bank Century scandal caused a loss of Rp7.4 trillion in state fund, the Supreme Audit Agency (BPK) said on Monday. The loss was a result of short term loan facility (FPJP) to Bank Century, and the determination of the sick lender as a failed bank, which have potential systemic impact, BPK Chairman Hadi Poernomo said here on Monday.

Posted in Corruption @ 23 December 2013 21:17 CET by Blog Bot · permalink · 0 reactions


A diving lesson with Batavia Air It is just several minutes before half past one as Batavia Air flight 7P-577 from Jakarta is preparing to land on Hang Nadim international airport on Batam. After a nice and quiet flight that departed just a few minutes behind schedule from Jakarta, Batam is visible and the last empty cups of water and paper napkins are collected by the stewardesses.

Posted in Travel @ 27 September 2009 10:23 CET by Jeroen · permalink · 0 reactions


Indonesia must brace itself for economic recession Indonesia must face the current global economic turmoil by taking concrete and substantial steps, as the turmoil cannot be solved with conventional ways, an economic analyst Sutrisno Iwantono said. He added that Indonesia needs to take immediate steps such as diversification of export destinations, strengthening the domestic markets, as well as reinforcing the agricultural bases in rural areas, to salvage the national economy.

Posted in Economy @ 06 October 2008 07:25 CET by Jeroen · permalink · 0 reactions


13 hurt in China Airlines turbulence flight in Indonesia Thirteen Chinese were hurt when a plane operated by China Airlines was struck by turbulence on its route from Taipei to Bali of Indonesia on Saturday, a doctor said. Guning Atmajaya, the doctor who treated eight of the passengers at the Sanglah Hospital, said that six of them were seriously injured and needed an intensive medical care.

Posted in General @ 20 September 2008 06:53 CET by Jeroen · permalink · 0 reactions


Subsidy cut to fuel the fire In the wake of a two-month "mini crisis" that saw the rupiah hit a four-year low of 11,750 per dollar on August 30, Jakarta has finally announced an imminent and substantial reduction in fuel subsidies. The exact date and the level of cuts have yet to be announced, though there is widespread speculation over both. Vice President Jusuf Kalla has said fuel prices may rise as early as October 1 while National Development Planning Minister Sri Mulyani Indrawati has said an increase in November would be too late to help reduce subsidies to the level of Rp89.2 trillion. She said fuel prices might increase by at least 50% in October.

Posted in General @ 27 September 2005 00:00 CET by Jeroen · permalink · 0 reactions


The first impressions from Indonesia this year. Yesterday I arrived with a late flight via Frankfurt and Singapore. Waiting for the stopovers in Singapore and Frankfurt wasn’t the main problem, but it seemed like I could’t get used to the little turbulence. At the end I was almost ill, not a very good start of my holiday, but the same happened last year, thinking that it would all soon pass over.

Posted in Travel @ 07 August 2003 00:00 CET by Jeroen · permalink · 0 reactions


East Timor has independence, the military no longer plays a key role in parliament and President Megawati Sukarnoputri has introduced direct presidential elections

Posted in Politics @ 21 May 2003 00:00 CET by Jeroen · permalink · 0 reactions


Two Indonesians named in billionaires club Both are 53 and both sit atop business empires built solely on kretek, the sweet smelling clove-flavored cigarettes. On Friday, Rachman Halim and Putera Sampoerna were named among the world's 538 billionaires by the leading U.S. business magazine Forbes. Rachman, head of the Wonowidjojo clan who owns the Gudang Garam tobacco company, ranks 292nd with an estimated net worth of US$1.7 billion; Putera, who owns and runs the Sampoerna business group, is 387th with a net worth of $1.3 billion.

Posted in General @ 23 June 2001 00:01 CET by Jeroen · permalink · 0 reactions


Indonesia is still in crisis. Currently violence flares up again in Aceh. The battle for independence has revived. And Aceh is not the only place, on the Moluccas Christians and Muslems are still fighting eachoter over the most stupendous things, and elsewhere in Indonesia the situation is tense every once in a whyle. Currently about 95% of Indonesias population is subjected to Ramadhan, Islamic fasting. Until almost the end of december they will not eat between sunrise, and sunset, they will not enjoy a sigarette, have sex, and that kind of things. I will skip the part of the explaination or Ramadhan, because I'm not into that at all. . Violence in Aceh rose several weeks before Ramadhan actually started. Demonstrations in cities like Banda Aceh caused rising tensions all over Indonesia, afraid that more heavy violence will cause new terror in the region, prompting renewed economical tensions in the region. Since the economy is still very bad, they try to prevent in all manners any new violence on the archipelago. Since Ramadhan started, quiet has returned, and nature took over the violence, killing over one hundred people in Northern Sumatera floodings and landslides, and leaving at least the same amound injured or missing, could that be the punishment from above?

Posted in Ramadan @ 29 November 2000 00:00 CET by Jeroen · permalink · 0 reactions


It all started with power to the people, May 1998. Students took the streets to protest the government, in special President Suharto at that time. Within exactly one week of severe clashes, demonstrations and a big number of gruesome casualties, reformasi against Suharto was formally ended. He had stepped down, and since that was the main aim of the students, they celebrated for days in streets all over the country,especially in Jakarta.

Posted in Politics @ 01 November 2000 00:00 CET by Jeroen · permalink · 0 reactions


When the Jakarta stock market plummeted by 31 points on Sept. 18, 2000, many domestic analysts directly blamed the bomb explosion at the Jakarta Stock Exchange (JSX) building as the main cause. We, on the other hand, beg to differ. In our opinion, most of the decline in the JSX can be directly attributed to weak sentiments toward regional stocks. In turn, part of the weak sentiments occurred through events happening beyond Asia's boundary (i.e. in Europe and the U.S.), while some of the negative sentiments are coming from inside the region itself.

Posted in Economy @ 12 October 2000 00:00 CET by Jeroen · permalink · 0 reactions
    
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