Economy

Restrict Interaction, Bank Indonesia Closes the Cash Payment System ServiceRestrict Interaction, Bank Indonesia Closes the Cash Payment System Service

Restrict Interaction, Bank Indonesia Closes the Cash Payment System Service

Many services that involve social interaction will be temporarily canceled, starting from Monday, March 16, 2020. This was conveyed by…

March 17, 2020
International travellers to Beijing to pay for quarantineInternational travellers to Beijing to pay for quarantine

International travellers to Beijing to pay for quarantine

International travellers landing in Beijing will be quarantined for 14 days at their own expense, authorities in the Chinese capital…

March 16, 2020
Airlines cut flights, face ruin as central banks take actionAirlines cut flights, face ruin as central banks take action

Airlines cut flights, face ruin as central banks take action

Asian stocks and US stock futures tumbled as central banks took sweeping action to blunt the financial impact of the…

March 16, 2020
Germany says virus vaccine research not for saleGermany says virus vaccine research not for sale

Germany says virus vaccine research not for sale

Germany's foreign minister said Monday the rights to coronavirus vaccine research were not for sale, following reports Donald Trump wanted…

March 16, 2020
Thai economic outlook among Asia’s weakestThai economic outlook among Asia’s weakest

Thai economic outlook among Asia’s weakest

Thailand is preparing to restrict some aspects of daily life after the country’s biggest spike in coronavirus cases, further damaging…

March 16, 2020
Thinning stock of fiber and yarn, only sufficient for 3 weeksThinning stock of fiber and yarn, only sufficient for 3 weeks

Thinning stock of fiber and yarn, only sufficient for 3 weeks

Secretary General of the Indonesian Filament Fiber and Yarn Manufacturers Association (APSyFI) Redma Wirawasta said the stock of raw materials…

March 16, 2020
Sri Mulyani: Abnormal State FinanceSri Mulyani: Abnormal State Finance

Sri Mulyani: Abnormal State Finance

Finance Minister Sri Mulyani said that at present the state's finances are facing an abnormal situation. The corona virus outbreak…

March 15, 2020
Somkid gets institutional approval for stabiliser fund planSomkid gets institutional approval for stabiliser fund plan

Somkid gets institutional approval for stabiliser fund plan

A proposal for a stabiliser fund to support the battered stock market is scheduled to be vetted by Prime Minister…

March 14, 2020
YLKI Urges Jokowi to Issue New Policy after the Supreme Court’s ruling that revoked BPJS Premium hikeYLKI Urges Jokowi to Issue New Policy after the Supreme Court’s ruling that revoked BPJS Premium hike

YLKI Urges Jokowi to Issue New Policy after the Supreme Court’s ruling that revoked BPJS Premium hike

Earlier, the Supreme Court’s ruling has revoked the Presidential Regulation No. 79/2010 on the hike of the Health Social Security…

March 12, 2020
12 SOEs Asked for Buyback of IDR 8 Trillion Shares12 SOEs Asked for Buyback of IDR 8 Trillion Shares

12 SOEs Asked for Buyback of IDR 8 Trillion Shares

As many 12 state-owned companies were asked to repurchase (buyback) shares of companies circulating in the public. This is in…

March 11, 2020