Greg Earl, Jakarta – The Indonesian Government is facing a damage bill of at least $30 billion to recapitalise more than 60 banks after the dual impact of bad lending practices and the

Tom McCawley, Jakarta – In the end, Indonesia's banking reform was more like amputation than elective surgery.

Jakarta – Bank Indonesia, the central bank, yesterday denied rumors that it would convert bank deposits into government bonds and freeze U.S. dollar accounts.

Russell Skelton, Tokyo – The bitter trade dispute between Japan and Indonesia over President Soeharto's controversial national car project has taken an unexpected turn.Japanese car make

Pui-Wing Tam – That is the message from fund managers as they survey the prospects of the Indonesian market in 1997.