Indonesia's Chinese fear further unrest: business suffers as signs of organized persecution prompt many to flee
Article Abstract:
Ethnic Chinese in Indonesia remain fearful for their lives despite assurance from the government that protection will be given to them. Ethnic Chinese, who account for about two-thirds of the country's population, control the food distribution and other retail businesses. An estimated 600 ethnic Chinese families have fled the country after riots erupted and resulted in the destruction of their business establishments in May 1998. Some Chinese believe the military may have been involved in the attacks against them due to the systematic manner the destruction and assaults were carried out.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Social unrest mounts as workers bemoan their plight
Article Abstract:
Social uproar in Indonesia is expected to intensify as the regional currency crisis continue to worsen the country's economic conditions. In Tangerang, factory workers have staged a major protest over the massive lay off activities conducted by employers, which have resulted to the reduction of 75% of the employees. These workers are further agitated by the alarming rate with which prices of basic commodities have increased. Further, laborers claim that they might resort to riots if the government fails to address vital economic issues.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Poor Indonesians are facing hunger as crisis mounts
Article Abstract:
World health officials fear that as much as half of Indonesia's 200 mil population will suffer severe food shortages by the end of 1998. The announcement is causing the World Bank, United Nations and International Monetary Fund rushing to implement effective assistance programs. Reinforcing the rupiah and revitalizing trade may prove to be the solution to the country's woes.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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