Word: indonesia
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Indonesia's new president B.J. Habibie had been in office less than 70 hours when he faced the first of what will probably be a series of crises that will mark his presidency. Sources close to the President tell TIME that on May 23, Habibie was confronted at his office by Lieut. General Prabowo Subianto, son-in-law of former President Suharto and the head of the powerful Army Strategic Reserve Command. The general "strongly requested" that Habibie name him army chief of staff and replace the chief of the armed forces, General Wiranto, with a Prabowo ally. Frightened, Habibie...
...Indonesia? A touch of political stability hasn't helped the economy much -- the rupiah is now somewhere near the center of the earth...
...With Indonesia aflame, a virtual depression in Japan and both Malaysia and Thailand still struggling, the Asian economic crisis is far from over. In the worst- case scenario, one or more large derivatives defaults from Asia and sets off a chain reaction of failures. In the meantime, Howard Greenspan still awaits information to see if his bank will suffer from the fallout. "In the final analysis, this has little to do with Asia," says Greenspan. "It's derivatives themselves. We are into the age of global financial risk...
...SUHARTO Indonesia's longtime ruler outlasts his popularity. Should've taken a tip from Seinfeld...
Some tips: When hunting for business-travel bargains, remember that all Asian countries are not suffering equally. In Japan, where inbound business travel went up 7.6% last year between January and November, air fares and hotel rates won't show the dramatic declines seen in, say, Malaysia and Indonesia. And no matter how savvy, individual travelers or companies aren't always equipped to negotiate the best deals. "I was attending a conference in Bangkok, and when we called this hotel, we were charged $85 a night," says Helen Peterson, spokeswoman for the Asia division of the Pacific Asia Travel Association...