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Search result with “1997 Financial Crisis” as a keyword founded 26 news.

The 1997 Crisis Is Finally Off Indonesia’s Books, but the BLBI Legacy Isn’t

... closed one financial chapter from the 1997–98 Asian financial crisis, but economists ... that closes a financial legacy of the 1997–98 crisis. The obligations stemmed ... its financial crisis framework, including through the 2016 Financial System Crisis Prevention ...
Business Sep 25, 2026 | 8:36 am

Prabowo Hails Settlement of Rp 218 Trillion in 1997–98 Crisis Bonds

... dating back to the 1997–98 Asian financial crisis, bringing nearly three ... Remaining Bonds from 1997–98 Financial Crisis The 1997–98 crisis devastated Indonesia's financial system, forcing ... of banks affected by the financial crisis. “If those debtors were ...
Business Sep 22, 2026 | 6:31 pm

Indonesia Pays Off Remaining Bonds from 1997–98 Financial Crisis

... response to the 1997–98 Asian financial crisis, Finance Minister Suahasil ... response to the 1997–98 crisis were fully settled ... Financial Crisis Indonesia was among the countries hardest hit by the 1997 ... –98 Asian financial crisis, when a collapse ...
Business Sep 20, 2026 | 8:41 pm

Finance Ministry Defends 3% Deficit Cap as Lawmakers Seek More Fiscal Room

... the House Commission XI overseeing financial affairs, said the 3% limit should ... explore new approaches to state financial management to optimize government spending ... Finance Law following the 1997-1998 Asian financial crisis. The restriction was designed ...
Business Sep 18, 2026 | 11:45 am

Former Federal Reserve Chairman Alan Greenspan Dies at 100

... market collapsed, igniting a global financial crisis that nearly toppled the U.S. banking ... tested again in 1997 and 1998, when a financial crisis in Asia threatened ... $180 billion taxpayer bailout. The Financial Crisis Inquiry Commission, which was assigned ...
News Jun 22, 2026 | 6:55 pm

Rupiah's Slide Against Regional Peers Shows Confidence Problem, Economist Says

... ,000? Because during the Asian financial crisis, the rupiah reached around Rp ... -rate levels. During the 1997-1998 Asian financial crisis, she noted, countries such ...
Business Jun 9, 2026 | 5:11 pm

Governor Perry Says BI Avoiding Over-Intervention on Rupiah

... from the 1997-1998 Asian financial crisis and the 2008 global financial crisis, when heavy ... market. “We learned from the 1997-1998 and 2008 crises that ...
Business May 19, 2026 | 8:17 am

Indonesia Posts Record Gold Demand Growth as Investors Flee Stocks

... rupiah depreciation and financial stress. During the 1997–1998 Asian financial crisis, the rupiah ... seen during the 2008 global financial crisis, the Covid-19 pandemic in ... –2031 in March, while the Financial Services Authority (OJK) is developing ...
Business May 13, 2026 | 9:12 pm

Investors Turn to Gold as Global Demand Reaches Record $193 Billion in Q1

... in Indonesia. During the 1997–1998 Asian financial crisis, the metal helped preserve ...
Business May 13, 2026 | 4:18 pm

Rupiah Weakness Differs Fundamentally From 1998 Crisis, Economist Says

... compared with the country’s 1997-1998 Asian financial crisis because economic fundamentals are ... collapse occurred during the 1997-1998 Asian financial crisis, when economic turmoil, ... phase of the crisis unfolded between August and October 1997, when the ...
Business May 12, 2026 | 5:40 pm

Prabowo’s Brother-in-Law Djiwandono Calls for Policy Sync to Secure Inclusive Growth

... crises. Reflecting on the 1997–1998 Asian Financial Crisis, Djiwandono recalled how weak ... ’s resilience during the 2008 global financial crisis, when stronger banking regulations and ...
Business May 5, 2026 | 6:41 pm

Indonesian Billionaire Banker and Tobacco Mogul Michael Hartono Dies at 86 in Singapore

... brand. It later moved into financial services, initially through smaller banks ... the years following the 1997–98 Asian financial crisis. Beyond banking, the group ...
News Mar 19, 2026 | 3:47 pm

Authorities Investigate Sugar Firms’ Use of Indonesian Air Force Land

... history dating to the 1997–1998 Asian financial crisis. At the time, many ...
News Jan 21, 2026 | 10:20 pm

Rupiah Is Considered Among World’s 10 Weakest — But Is That True?

... by history. During the 1997–1998 Asian financial crisis, the currency lost more ... large in investor memory. That crisis became a defining reference point for ...
Business Jan 13, 2026 | 9:10 pm

Indonesia Appoints Pindad to Lead New National Car Project

... project collapsed during the 1997–1998 Asian Financial Crisis amid allegations of cronyism ...
Business Nov 12, 2025 | 9:21 pm

What is Sumitronomics? Indonesia’s Blueprint to 8% Growth

... noted that before the 1997–1998 Asian financial crisis, the economy grew at ...
Business Sep 24, 2025 | 3:17 pm

Thousands of Bogor Residents at Risk of Losing Land in BLBI Asset Seizure

... was a major financial scandal during the 1997–1998 economic crisis. The government, through ... deposit withdrawals during the 1997-1998 monetary crisis. The initial aim of ...
News Sep 23, 2025 | 6:14 pm

Tutut Soeharto Withdraws Lawsuit Against Finance Minister Over Travel Ban

... ) loans disbursed during the 1997-98 Asian financial crisis. Read More: Purbaya Threatens ...
News Sep 19, 2025 | 2:35 am

Indonesia at the Crossroads: Restoring Confidence in the Midst of Unrest

... give the country fiscal and financial space to weather shocks. Yet ... valuable lessons. The Asian Financial Crisis of 1997–1998 showed how quickly capital ...
Opinion Sep 3, 2025 | 3:19 pm

Jakarta Losing Patience with Inpex over 26-Year Masela Gas Block Delay

... the decline partly to the 1997 Asian financial crisis and regulatory shifts, but ...
Business May 26, 2025 | 8:03 pm
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