was a common year starting on Thursday of the Gregorian calendar, the 1998th year of the Common Era (CE) and Anno Domini (AD) designations, the 998th year of the 2nd millennium, the 98th year of the 20th century, and 9 in the 1990s. The 1998 denomination for the year has been in use since the early Medieval period, when the Anno Domini calendar era (the Common Era) became the common method in Europe for naming years.
Indonesia's economic condition was devastated, the rupiah exchange rate from around Rp.2,500.00/US$ fell drastically to Rp. 17,000.00/US$.
January 22 - Rupiah penetrates 17,000, - per US dollar, IMF does not show its aid plan.
February 12 - Suharto appoints Wiranto, as Commander of the Armed Forces.
March 5 - Twenty University of Indonesia students came to the Parliament Complex to express their rejection of the presidential accountability speech delivered at the MPR General Session and submit the national reform agenda. They were accepted by the ABRI Faction
March 11 - Suharto is re-elected for a seventh five-year term with B.J. Habibie as Vice President.
March 16 - Suharto announces a new cabinet called the VII Development Cabinet. Bob Hasan and Suharto's son, Siti Hardiyanti Rukmana, were elected ministers.
April 15 - Suharto asked students to end the protest and return to campus because throughout this month students from various private and public universities held demonstrations demanding political reform
April 18 - Minister of Defense and Security/Commander of the Armed Forces General Ret. Wiranto and 14 ministers of the VII Development Cabinet held a dialogue with students at the Jakarta Fair but quite a number of student representatives from various universities rejected the dialogue.
April 21 - The Argo Dwipangga train journey to Solo Balapan - Jakarta Gambir was inaugurated.
May 1 - Suharto through Minister of Home Affairs Hartono and Minister of Information Alwi Dahlan said that reforms could only start in 2003.
The statement was corrected and later stated that Suharto said reforms could be carried out from now on (1998).
Students in Medan, Bandung and Yogyakarta welcomed the increase in fuel prices with large demonstrations. The demonstrations were handled repressively by the authorities. There were clashes on several campuses.
May 4 - Fuel prices soared to 71%, followed by three days of riots in Medan in which at least 6 people died.
7 May - Cimanggis incident, clashes between students and security forces occurred on the campus of the Faculty of Engineering, Jayabaya University, Cimanggis, which resulted in at least 52 students being taken to the Tugu Ibu Hospital, Cimanggis. Two of them were shot in the neck and right arm, while the rest were injured by rattan batons and had eye irritation from tear gas.
He ordered Sintong Panjaitan to guard Suharto.
The Gejayan incident, one student from Yogyakarta was killed.
May 9 - Suharto leaves for a week to Egypt to attend the G-15 summit. This is his last trip abroad as President of Indonesia.
May 12 - Trisakti Tragedy, in which 4 Trisakti University students died after being shot by security forces during a demonstration in front of the Trisakti campus which eventually sparked the May 1998 Riots.
Mass riots with ethnic nuances occurred in Jakarta and spread to several areas in Indonesia. This riot was triggered by the Trisakti incident the day before, where 4 Trisakti University students were shot by the officers who were guarding the flyover at that time.
The May 1998 riots broke out in Jakarta. riots also occurred in the city of Solo.
Suharto, who was attending a meeting of the G-15 developing countries in Cairo, Egypt, decided to return to Indonesia. Previously, in a face-to-face meeting with the Indonesian people in Cairo, Suharto stated that he would resign