Marian Wilkinson and Minh Bui – While the Indonesian economy continues to shudder and Western diplomats debate how to dismantle the country's unique style of crony capitalism, a select

Jakarta – Only 180 of 800 Indonesian companies have responded to official requests for detailed information on their debts, State Enterprises Minister Tanri Abeng was quoted by the Jaka

Tokyo – Japanese commercial banks are likely to write off for fiscal 1997 ending Tuesday around 200 billion yen in loans to private companies in Indonesia that have been hit hard by the

Peter Hartcher – Indonesia will cut itself off from the global economy if it fails to win back the financial support of the International Monetary Fund, according to an economic adviser

Geoffrey Barker – Indonesia is on the brink of hyperinflation and is committing major breaches of its economic reform agreement with the International Monetary Fund, a confidential Depa

Jenny Grant, Jakarta – Only hours after President Suharto swore in his new Cabinet, his golfing partner, who is now also his trade minister, showed where his loyalties lay, putting the

Jakarta – Indonesia's foreign exchange reserves dropped to 16.33 billion U.S. dollars at the end of February from 17.07 billion dollars Feb.

Mantik Kusjanto, Jakarta – President Suharto made a surprise move on Friday to restore fading confidence among Indonesians in their government by guaranteeing a pay-out on all legal dep

Barry Porter, Jakarta – Indonesia's President Suharto is showing signs he may yield to mounting international pressure and postpone his controversial plan to introduce a Hong Kong-style

Singapore - The assets of a handful of Indonesia's richest people could go a long way to bailing out the country if the $43 billion IMF rescue package falters, data published by Forbes

George J. Aditjondro – Since seizing power in the mid-1960s, Indonesian President Suharto has translated his absolute political power into a massive family fortune.

Louise Williams, Jakarta – An Indonesian court has blocked the liquidation of a bank owned by President Soeharto's half brother, Mr Probosutedjo, which was ordered closed two months ago

Michael Richardson, Singapore – Indonesia's total foreign debt may amount to $200 billion, nearly double the level recorded by the government in Jakarta, according to an estimate made p

The new year, 1998, will begin with a shattered myth.

Jenny Grant, Jakarta – Indonesian Vice-President General Try Sutrisno has "banned" women from going on lavish foreign shopping expeditions during the country's economic crisis.

Greg Earl, Jakarta – Indonesia's financial markets are showing the first signs of stability in three weeks, giving the Government a much-needed chance to regain its management credibili

Jay Solomon and Kate Linebaugh, Jakarta – Indonesian President Suharto Monday decided on a reshuffle at the country's central bank, reasserting control over economic policy following ne

Jakarta – Indonesia President Suharto, in a meeting with the nation's top business leaders Monday, said the central bank has spent 10% of its reserves, or $2 billion, intervening on beh

Greg Earl, Jakarta – Indonesia's President Soeharto has dismissed half the directors of the country's central bank and established a group of private sector advisers amid a growing stru

Jakarta – President Soeharto found it extremely difficult to understand why the rupiah had continued to fall against the U.S. dollar, a senior minister said yesterday.

Sander Thoenes – The warning calls of growing unemployment echo through the alleys and back streets of Indonesia's inner cities.

Jakarta – World Bank country director for Indonesia Dennis de Tray urged the government and private sectors again yesterday to provide edible information to help store public confidence

Greg Earl, Jakarta – Indonesia is facing the first serious annual contraction in its economy since President Soeharto came to power amid fears that the country can no longer service its

Andreas Harsono, Jakarta – The main streets in Jakarta's business district were crowded on Friday.

Nothing, until recently, has stood in the way of the sons and daughters of President Suharto, as they built up huge business empires through his 30-year reign.

Seth Mydans, Tangerang – When economists worry about Indonesia's slump – its sinking currency, its ailing banks and its nearly $40 billion bailout package – they worry about people like

Louise Williams, Jakarta – In one of the sharpest criticisms to date of East Asian business practices, a World Bank executive has warned that monopolies linked to President Soeharto's i

Jakarta – The World Bank country director for Indonesia, Dennis de Tray, suggested yesterday that the government send signals to the market that it would undertake reform measures to re

Louise Williams, Jakarta – The Indonesian rupiah plunged more than 10 per cent yesterday amid growing concerns over President Soeharto's health and warnings of a loss of confidence in t

'I think the speculators and the money mafia are a plot by American spies', says psychic Ki Gendeng Pamungkas. 'They want to undermine the government.

The value of the rupiah fell sharply Monday to a new low of Rp 4,160 to the dollar.

John McBeth, Jakarta – Last February, an Indonesian military intelligence team filmed American human-rights activist Danny Kennedy lifting samples from the silt-laden Aikwa River in the

Louise Williams, Jakarta – Indonesia's rupiah hit a record low yesterday, despite the massive International Monetary Fund (IMF) rescue package, following the Soeharto Government's annou

President Suharto's half-brother and business tycoon Probosutedjo has agreed to drop charges against government officials for closing down his bank if they acknowledge that it is a soun

Louise Williams, Jakarta – President Soeharto's son Mr Bambang Trihatmodjo is back in the banking business only weeks after his under-capitalised bank was liquidated under International

Jakarta – Indonesia's President Suharto Friday ordered all state-owned companies to allocate 1% of their respective earnings to buy shares listed on the country's exchanges in order to

Jakarta – Jakarta's main stock index smashed through the key 400-point barrier to hit a 50-month low yesterday, with analysts expecting further downward pressure as investors reduced th

Bernie Sanders' (I-VT) opening statement:

Louise Williams, Jakarta – Indonesia must push through with successive waves of tough economic reforms, including a possible second round of bank closures, the managing director of the

Andreas Harsono, Jakarta – Indonesian journalists are protesting a government ban that has kept two private television channels here from airing live a parliamentarian hearing on Indone

Jakarta – Mr Bambang Trihatmodjo, the second son of President Suharto, will take control of Bank Victoria as compensation for the closure of his Bank Andromeda, Bisnis Indonesia said.

Jakarta – Indonesian President Suharto's second son Bambang Trihatmodjo announced Wednesday the withdrawal of a lawsuit against the government over the closure of his bank earlier this

Louise Williams, Jakarta – President Soeharto's half-brother has refused to withdraw a court challenge to bank liquidations which threaten the Internation Monetary Fund's bailout of the

Jakarta – Indonesia's Finance Minister Mar'ie Muhammad yesterday defended the closure of 16 banks, asserting the government had followed proper procedures before winding them up in a mo

Michael Shari in Jakarta and Sheri Prasso in New York – For a region that has felt shock after shock since July, some relief came in the final days of October.

Jim Della-Giacoma, Jakarta – Indonesia faces a mixed week ahead with praise expected from the IMF for its economic reform plans, but also the start of a court challenge to cleaning up t

Jay Solomon, Jakarta – The U.S.

Jakarta – Moves to deregulate the Indonesian economy following an IMF review are more a compromise than a reform measure, analysts say.

Holman W.

Jakarta – Bambang Trihatmodjo, the middle son of Indonesian President Suharto, stepped up his attack on Indonesian Finance Minister Mar'ie Muhammad Tuesday over the liquidation of a ban