John McBeth with Fanny Lioe in Jakarta – On October 10, two days after Indonesia announced it was going to seek the International Monetary Fund's help in salvaging its economy, Jakarta

Louise Williams, Jakarta – In a new effort to arrest the slide of the rupiah, Indonesia's Central Bank has announced that commercial banks may lend hundreds of millions of US dollars fr

President Suharto has earned plaudits for deregulating various aspects of Indonesia's economy. But he can't complete the job without challenging some powerful vested interests.

Quentin Peel and Sander Thoenes, Jakarta –

David Jenkins &150; President Soeharto's decision to call in the IMF and the World Bank, his second attempt in as many weeks to staunch a hemorhaging rupiah, has sent what should be

Jay Solomon &150; The playful smile on President Suharto's face as he gave the new "national motorcycle" a spin around his palace late last month could give the impression that all

Jakarta – Indonesia's currency crashed to a new low today when it hit 3,725 rupiahs against the U.S. dollar before recovering slightly.

Muklis Ali, Jakarta – Indonesia announced deep, wide-ranging spending cuts and delays in major projects on Tuesday to help cope with currency and share market upheavals.

Raju Gopalakrishnan, Jakarta – Big spending cuts unveiled in Indonesia on Tuesday will severely affect President Suharto's family, among the most sheltered members of the country's busi

Sarah Davison, Hong Kong – Concern is mounting that Indonesian corporations will soon hit a debt wall despite Thursday's rate cut, worsening the outlook for the nation once credited wit

K.T.

Tim Healy and Keith Loveard, Jakarta – These are perplexing times in Jakarta. First, the currency is safe; then it drops 20% against the U.S. dollar in just a few weeks.

Jakarta – Indonesia's currency has plummeted to three-thousand Rupiah to the dollar, during the past few weeks.

John McBeth, Jakarta – Tucking into a plate of fruit, a late-afternoon substitute for his missed lunch, Rizal Ramli laughs when asked if he's an economic nationalist.

Jenny Grant, Jakarta – In his state of the nation address last weekend, president suharto said the government must postpone some projects because of the devaluation of the national curr

Keith Loveard, Jakarta – Cafe Galeri in Jakarta's upmarket suburb of Menteng is a trendy testament to the success of Indonesia's economy.

Richard Borsuk, Mangakajang – Plywood baron Mohamad "Bob" Hasan, longtime confidant of President Suharto, has finally fulfilled his dream of building a huge, high-tech pulp mill in the

Hendardi, Jakarta - Discussions about corruption have re-surfaced recently.

Jakarta – About a third of the World Bank's loans to Indonesia have leaked and disappeared into the bureaucracy, an export on Indonesia's economy said yesterday.

Washington – World Bank loans to Indonesia are thoroughly supervised and audited to ensure that they are devoted to the poverty-alleviating purposes for which they are intended, the ins

The World Bank has a public face and a private face. The public face I call the Rhetorical Bank.

Andreas Harsono, Jakarta – Rumors have started to circulate in Jakarta that President Suharto is hinting that Harmoko – like many Indonesians, he uses just ne name – the chairman of the

Moscow – Russia intends to help Indonesia in developing that country's nuclear power industry, in particular in the construction of nuclear power plants, Russian Atomic Energy Minister

[This is an updated and revised version of sections of a paper presented at the Oslo University public seminar on East Timor, Monday, December 9, 1996]

'Extra-budgetary' financing has always placed a question mark over the meaning of the Indonesian state budget. A new law might change all that.

Louise Williams, Jakarta – One of Indonesia's most influential economists has criticised the slowdown in deregulation and warned the Soeharto Government that it must address "collusion"

A new trend of "South-South colonialism" has emerged, where Southern companies are making heavy investments in the forestry sector of more backward Thirld World countries.

Greg Earl, Jakarta – The World Bank has warned that Indonesia is failing to make use of a period of high foreign investment and economic growth to resolve economic challenges that threa

David E.

Greg Earl – If there was a silver lining to be found in the large Busang cloud that descended on Indonesia this week, Bob Hasan was probably always one of the most likely people to find

Susan Sim, Jakarta – The fabled Busang gold mine, once described as the richest find this century with a reputed 71 million ounces of gold, is a scam "without precedent in the history o

A patch of Indonesian jungle that Bre-X Minerals had hailed as the gold find of the century is actually a tampering job "without precedent" in the history of mining anywhere in the worl

Jakarta – Hit by poor sales, Indonesia's national distributor has offered to sell "Timor" cars to government officials in various provinces, it was reported yesterday.

London – The London newspaper, Sunday Business, yesterday (April 13th) broached the heretical possibility that US mining giant Freeport McMoran may be deliberately under-estimating the

Jakarta, Indonesia – Indonesia's government Thursday halted development of the Busang gold deposit, once touted as the world's richest, one day after Freeport-McMoRan Copper & Gold

Seth Mydans, Jakarta – He owns forests, paper and plywood mills, airlines and banks, and last month he brokered a deal that gave him a major share in what may be the world's largest gol

Toronto – Speculation that a gold field in Indonesia won't live up to expectations – coupled with the sudden and dramatic death of a mining company geologist – hurt the shares of Canadi

Jakarta, Indonesia – Shares fell sharply Tuesday on continued selling pressure in large-capitalization shares, led by Telekomunikasi Indonesia in moderate dealings.

Ong Hock Chuan, Jakarta – The Salim, Sinar Mas and Gajah Tunggal groups have retained the top three positions in the latest ranking of Indonesia's 100 largest conglomerates published by

Margot Cohen, Cirebon, West Java – Rohiman used to make a decent living selling eggs and cooking oil, but those entrepreneurial days are long gone.

Rahul Jacob – At a press conference late last month following his takeover as chairman of carmaker Astra International, one of Indonesia's bluest of blue-chips, Mohamad "Bob" Hasan seem

Ong Hock Chuan, Jakarta – One economic casualty of the spate of riots to strike Indonesia over the past few months may be the owners of supermarket chains, a sector that was expected to

Cesar Bacani and Keith Loveard/Jakarta – Just call him King.

Three years after discovering what is touted as the worlds richest gold lode in Indonesias Kalimantan province, Canadas Bre-X Minerals may have finally hit the jackpot.

Jakarta – One of the architects of the New Order economy, Prof Dr Soebroto, explicitly stated that the flourishing of various kinds of levies [read bribes - JB] which has been going on,

Richard Borsuk, Jakarta, Indonesia – The chairman of Bre-X Minerals Ltd., facing shareholder ire over last week's pact fixing ownership of the Canadian firm's giant gold find in Borneo,

S N Vasuki – The fallout from the Busang gold controversy in Indonesia has been immediate.

Marcy Gordon, Washington – In its first action in a decade under the Foreign Corrupt Practices Act, the Securities and Exchange Commission announced Thursday a settlement with a Texas-b

Jay Solomon, Jakarta – Tommy Suharto's car project may be hitting the skids, but ironically it's been a boon to Indonesia's auto industry.

Jakarta – Timor national car producer, PT Timor Putra Nasional,will no longer rely on special assistance from the government indeveloping its car industry, its president director, Hutom