Washington – The IMF is headed for a showdown with its third largest borrower on Thursday, insisting Indonesia was not ready for a rigid currency regime and highlighting political uncer
News
Displaying 99401 - 99450 of 100963 Documents
February 12, 1998
Indonesia's plan for a currency board may look attractive. But it is a high-risk gamble that could cause huge damage.
Margot Cohen, Jakarta – Fadli Zon has a vision.
Raju Gopalakrishnan, Jakarta – President Suharto accused unnamed groups on Thursday of using Indonesia's economic crisis to undermine his government as the country announced the appoint
Dili – Six students of the University of East Timor have gone on trial on charges of 'torturing' three members of the armed forces. The trial commenced on 11 February.
Christopher Torchia, Jakarta – It wasn't a bomb, but the box found next to a bank machine in an airport was meant to send a warning.
February 11, 1998
Seth Mydans, Surabaya – The military officer seemed puzzled when asked about the giant Tactica armored water cannon that was parked beside him, in front of the glass-and-chrome Delta Pl
February 10, 1998
Louise Williams, Jakarta – Hundreds of people marched through Jakarta's main business district yesterday protesting against rising prices and unemployment, just a day after the armed fo
February 9, 1998
Raphael Pura, Jakarta – A food crisis is closing in on Indonesia.
The Asian Executives Poll recorded in the Far Eastern Economic Review (5 February 1998) shows that most businesses in the region will have no confidence in an Indonesia under Suharto's
Jakarta – About 200 people attacked and set on fire shops and vehicles in an eastern Indonesian town in protest against price hikes, the Jakarta Post reported on Monday.
Louise Williams, Jakarta – Riots over rising food prices hit drought-stricken eastern Indonesia over the weekend as the chief of the armed forces led thousands of troops bristling with
February 8, 1998
Seth Mydans, Semari – When hundreds of rough-looking men burst through the alleyways of the nearby town of Kraton two days ago, throwing stones and waving sharpened sickles, most of the
February 7, 1998
Jenny Grant, Jakarta – Indonesia yesterday estimated the country's foreign debt at US$137.4 billion – higher than previous official figures – and announced it was drafting a new bankrup
Michael Richardson, Singapore – A senior U.S. commander has expressed concern that Indonesia could be on the verge of social and political instability.
Jakarta – At least two shops were burned and seven others damaged in an eastern Indonesian town on Saturday during a protest against price hikes triggered by the currency crisis, the of
February 6, 1998
Louise Williams, Jakarta – Unemployment in Indonesia has jumped by more than five million due to the economic crisis, it was revealed yesterday as the armed forces staged a show of forc
Lisbon – The eight East Timorese who have sought shelter one week ago at the Spanish embassy in Jakarta left to Portugal on Thursday, a source at the diplomatic mission told Lusa.
Seth Mydans, Surabaya – At precisely 3 p.m.
February 5, 1998
Louise Williams, Jakarta – The president of the World Bank, Mr James Wolfensohn, has conceded that the bank "got it wrong" in Indonesia, failing to predict the country's economic collap
February 4, 1998
Opposition figure Megawati Sukarnoputri Wednesday called on her supporters not to take part in violent protests against the government despite an ongoing economic crisis.
Singapore - A top Indonesian Muslim leader has accused President Suharto's children and associates of primary responsibilty for the country's debt crisis and likened their business oper
By Jay Solomon and Kate Linebaugh
Jakarta – The world's fourth-most-populous country is running out of medicines.
February 3, 1998
Raphael Pura, Jakarta – Asia's crumbling financial markets have plunged Indonesia into deep trouble. But domestic politics could keep it there.
Jakarta – Violent protests have again erupted in key parts of Indonesia, with thousands of people burning shops as they challenged higher food and fuel prices, according to police and n
Jakarta – The Armed Forces (ABRI) reaffirmed yesterday its commitment to renominating President Soeharto even if there was a change in its leadership.
Raphael Pura, Jakarta – Trying to project Indonesia's political future has become a national obsession, as President Suharto prepares to begin his seventh term next month amid the tough
February 2, 1998
Jakarta – Indonesia's State Logistics Agency, Bulog, won't be releasing in February price controls it maintains over nine basic goods, including sugar, cooking oil, and wheat flour, Bul
Kafil Yamin, Jakarta – Child malnutrition continues to be a blot on Indonesia's impressive record of poverty reduction in the last three decades.
Yang Razali Kassim – Indonesia's political tension triggered by the financial crisis took a new twist last week when some prominent members of the elite, including the Wanandi brothers,
February 1, 1998
Jakarta – Fishermen angered by a poor catch and rising prices of basic commodities have rioted in Indonesia's Central Java province, a report said Monday.
Sangwon Suh – Lukman is a supervisor for a construction project in Central Jakarta.
The rise in prices of basic goods such as rice and cooking oil has led to violent protests across Indonesia, much of it aimed at the ethnic Chinese minority who dominate the retail econ
January 31, 1998
Paul Watson, Cikampek – On dust-blown flats that used to be good farmland, a grand shrine rises to honour the greed and sheer gall of Indonesia's first family.
January 29, 1998
Sander Thoenes, Jakarta – The International Monetary Fund is to approve its second tranche of (£1.7bn) in stand-by credits to Indonesia in February, earlier expected, in recognition of
January 28, 1998
Joaquim T. de Negreiros, Lisbon – Joao Carrascalao, Chairman of the Timorese Democratic Union (UDT), is unbending: UDT will not take part in the first resistance overseas congress.
Scapegoats are suffering for a financial crisis few understand. Nick Cumming-Bruce reports from Jember, East Java
Seth Mydans - Jakarta, Jan. 28 One,by one, most of Minarsih's friends at an electronics factory here were taken aside and quiety fired.
Angry mobs have looted and trashed dozens of shops owned by ethnic Chinese in Indonesia"s Central Java province because of rising prices, an official said Wednesday.
January 27, 1998
Andrew Perrin, Dili – The troubled Indonesian province of East Timor is facing yet another catastrophe - this one generated not by politics but by the failure of monsoon rains due to th
By Darren Mcdermott and Jathon Sapsford
John Aglionby, Jakarta – Forest and brush fires have flared up again in Indonesia and are threatening a bigger crisis than last year, when more than 2 million hectares were burnt and ch
[This item shows the insidious campaign now being mounted by some top generals to hound the opposition and provoke anti-Chinese progroms.
The Alliance of Independent Journalists has sent a strong protest to the Jakarta daily, Media Indonesia for sacking one of its journalists, Meilani Dhamayanti.
Jakarta – A prominent ethnic Chinese businessman said yesterday the military intelligence agency had cleared him of involvement with a bomb explosion in Jakarta last week.
January 26, 1998
Jakarta – The Armed Forces (ABRI) made a surprising decision yesterday to delay all planned arms purchases, including the Russian Sukhoi30K jet fighters.
Louise Williams, Jakarta – In the first sign of a co-ordinated opposition movement, pro-democracy figurehead, Megawati Soekarnoputri, and Muslim leader, Amien Rais, publicly denounced P
By Jay Solomon and Peter Waldman
According to an AFP report on 23 January, the trial started in Dili of David Ximenes 44, who is being charged with "separatism". The charge carries a maximum sentence of life.
January 25, 1998
George J. Aditjondro – Since seizing power in the mid-1960s, Indonesian President Suharto has translated his absolute political power into a massive family fortune.