Michael Richardson, Singapore – A senior U.S. commander has expressed concern that Indonesia could be on the verge of social and political instability.
Political & Economic Crisis
Displaying 251 - 300 of 323 Documents
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
February 6, 1998
Seth Mydans, Surabaya – At precisely 3 p.m.
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
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
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
Opposition figure Megawati Sukarnoputri Wednesday called on her supporters not to take part in violent protests against the government despite an ongoing economic crisis.
By Jay Solomon and Kate Linebaugh
Jakarta – The world's fourth-most-populous country is running out of medicines.
February 3, 1998
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
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
Raphael Pura, Jakarta – Asia's crumbling financial markets have plunged Indonesia into deep trouble. But domestic politics could keep it there.
February 2, 1998
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,
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
February 1, 1998
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
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.
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
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.
Scapegoats are suffering for a financial crisis few understand. Nick Cumming-Bruce reports from Jember, East Java
January 27, 1998
[This item shows the insidious campaign now being mounted by some top generals to hound the opposition and provoke anti-Chinese progroms.
By Darren Mcdermott and Jathon Sapsford
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
By Jay Solomon and Peter Waldman
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
January 24, 1998
Indonesia's Chinese have risen far. But in accumulating wealth they have aroused envy, and as Louise Williams reports, when times get tough, they have further to fall.
January 23, 1998
Darren Mcdermott – Indonesia's financial system is teetering on the edge of paralysis.
Dirk Beveridge, London – The Asian financial crisis and falling oil prices have left Indonesia in a double bind.
Geoff Spencer, Jakarta – Spooked by Indonesia's uncertain political future and worried about a mountain of debt, panicky traders dumped the rupiah Thursday, pushing the battered economy
Louise Willliams, Jakarta – Indonesia is facing the threat of hyperinflation after the rupiah plunged for a third day amid warnings of more price increases and rising social tension.
January 22, 1998
By Darren Mcdermott and Jay Solomon
Indonesia's failure to present a plan for repaying a crushing load of corporate debt is helping sink the rupiah to new depths.
Jakarta – More than 100,000 workers in Central Java and East Kalimantan have joined the rising number of jobless in the country.
Hamish Mcdonald – He is short, speaks shrilly and gesticulates wildly, has a decidedly Teutonic manner from his German education, has the ear of his president, and wants to build aircra
John McBeth, Jakarta – Supremely accomplished in the art of political survival, President Suharto had little trouble stifling opposition at home as long as the economy – flawed as it ma
January 19, 1998
Jay Solomon and Kate Linebaugh, Tangerang – On a lazy Saturday afternoon in this industrialized zone 40 kilometers west of Jakarta, a group of workers lounge near the gates of the Korea
Indonesia's best-known labor leader, Muchtar Pakpahan, has long been a vocal opponent of President Suharto.
January 17, 1998
Seth Mydans, Jakarta – The International Monetary Fund got virtually everything it wanted from President Suharto.
Jenny Grant, Jakarta – Tension over soaring prices once again spilled over into rioting yesterday in East Java.
January 16, 1998
Louise Williams, Jakarta – Indonesia's President Suharto today sacrificed the business privileges of his children and cronies in a sweeping economic reform agreement with the Internatio
Jakarta – Some twenty prominent government critics, including Megawati Soekarnoputri, Amien Rais, Ali Sadikin and Supeni, urged the government to make urgent economic and political refo
January 15, 1998
Jenny Grant, Jakarta – Almost 1,500 employees of Indonesia's top timber tycoon have taken voluntary retrenchment from six of his plywood companies in east Kalimantan.
January 14, 1998
Jakarta – Some 70 percent of the 286 newspaper publishers in Indonesia are facing dissolution or cessation of publication, if the increase in price of paper continues.
Louise Williams – These are terrible times, a taxi driver says openly.
January 13, 1998
It is highly unlikely that the Indonesian Opposition leader, Megawati Sukarnoputri, will unseat President Soeharto when the People's Consultative Assembly (MPR) convenes in March.
Louise Williams, Jakarta – President Soeharto promised a new round of economic reforms during crisis talks with the International Monetary Fund yesterday, in an attempt to turn around I
January 12, 1998
Jakarta – Two prominent government critics supported yesterday Megawati Soekarnoputri's bid for presidency, lauding the bold move as a boost for democratization.
Louise Williams, Jakarta – Indonesia's wealthy, including expatriate staff, faced growing community resentment over the weekend as queuing shoppers blamed the greedy upper and middle cl
Raju Gopalakrishnan, Jakarta – President Suharto has ruled Indonesia with a strong and sometimes ruthless hand for more than 30 years but analysts fear his indulgence of his six childre
Jenny Grant, Jakarta – Opposition figurehead Megawati Sukarnoputri may have nominated herself as a presidential candidate, but she has little chance of success.