Indonesia and COVID-19: What the World Is Missing
Yes, the Indonesian government has stumbled. But civil society has been rising to the occasion. “For every tourist lucky to leave there are millions of Indonesians with no way out” — this was the conclusion of an ABC News report in late March into the…
ADB approves US$1.5b loan to support Indonesia’s pandemic response
The Asian Development Bank (ADB) has approved a US$1.5 billion loan to support Indonesia’s efforts to combat the impact of the COVID-19 pandemic on public health and the economy. ADB president Masatsugu Asakawa said on Thursday the pandemic had a devastating health, social and economic…
By invitation: Kishore Mahbubani
The West’s incompetent response to the pandemic will hasten the power-shift to the east HISTORY HAS turned a corner. The era of Western domination is ending. The resurgence of Asia in world affairs and the global economy, which was happening before the emergence of covid-19,…
Indonesia Logistics Market Revenues Forecast, 2020-2024
According to a report by Ken Research, Indonesian logistic market is expected to get a notewortht CAGR of 7.9 per cent in revenue to reach US$ 300.3 billion by the year 2024. This includes freight transport, freight forwarding, warehousing, courier, express and parcel (CEP), value…
Indonesian’s Online Shopping Interest Trend During Pandemic Period
iPrice research team trace Indonesian’s online shopping interest on several products during COVID-19 period. iPrice use Google Analytic’s impression data as instrument to capture online shopping interest. This trend compare interest during March 2020 versus Fabruary 2020. Among the most interesting products are hand sanitizer…
IEF Business Leaders Confident Index Series: Business Leaders Brace for Tough Times Ahead
As the Indonesian government continues to battle the Covid-19 health crisis, it is also facing another battle front with the economy now most likely to face a recession. Across all industries and sectors, the outlook is gloomy at best with business leaders grappling to find…
IEF Business Leaders Confident Index Series Business Leaders Brace for Tough Times Ahead
As the Indonesian government continues to battle the Covid-19 health crisis, it is also facing another battle front with the economy now most likely to face a recession. Across all industries and sectors, the outlook is gloomy at best with business leaders grappling to find…
Bank Indonesia Strikes Deal for Repo Line From US Fed
Bank Indonesia, the country’s central bank, has struck a deal for a $60 billion repurchase facility with the New York Federal Reserve as a second line of defense to prop up the country’s dollar liquidity during the global shortage triggered by the Covid-19 pandemic. Bank Indonesia Governor Perry Warjiyo said Indonesia…
‘Break the chain!’: Businesses brace for Jakarta’s social restrictions
Essential-needs businesses have promised smooth services with retail stocks sufficient at least until May as Jakarta, Indonesia’s economic powerhouse, will enforce large-scale social restrictions starting Friday to slow down the spread of COVID-19. The Jakarta Post spoke to businesspeople in sectors related to cash, fuel, food,…
Indonesia borrows 7 billion USD to support COVID-19 fight
Indonesia will receive loans worth about 7 billion USD from the World Bank, the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to finance its fight against the raging COVID-19 pandemic. Indonesia will receive loans worth about 7 billion USD from the World…