Thursday, October 22We Deliver News To You


Economy and Finance

If Europe Lockdown Again, Indonesia Hopes It Won’t Interfere With Their Exports

Jakarta - A number of European countries are planning to carry out regional closures or lockdowns to prevent the second wave of transmission of the coronavirus (Covid-19). Director General of Foreign Trade, Didi Sumedi, hopes that the closure of Europe will not disrupt exports. Didi said lockdowns usually focus on limiting the movement of people, the majority of whom use air transportation. "Hopefully it won't affect our exports, because most of them are exported to Europe via sea cargo," said Didi when contacted by, Thursday (24/9). Even so, business actors still express concerns. Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for International Relations Shinta Widjaja Kamdani said "that the lockdown would create negative risks for Indonesian...
Economy and Finance

Could Indonesian Economy Grow 5% Next Year?

After being battered in 2020, the Indonesian economy is believed to soar in 2021. The government it self is targeting economic growth in 2021 to reach 5%. Deputy Minister of Finance Suahasil Nazara explained why the government is so confident in these projections. One of the reasons is because of the contraction in the economy this year. "The improvement from seeing yesterday we hope that the conditions in the second quarter of 2020 are sufficiently negative. We hope that gradually there will be an improvement in consumption, improvement in investment and with the support of consumption and government activities, we hope that it will contribute to growth. economy 5%, "he said in a virtual press conference, Wednesday (30/9/2020). Suahasil continued, technically if economic growth is nega...
Economy and Finance

Global Survey: Job Loss Concern Threatens Economic Recovery

YouGov's most recent overview of 26 nations, including 27,681 respondents, shows shoppers around the globe are worried about positions and family unit financial plans. They likewise will in general be cautious in going through or putting away cash. The pandemic of Covid making the world monetarily shaky, representing a danger to the worldwide downturn hit economy if individuals want to spare instead of spend. Detailed by Bloomberg, Monday (7/13/2020), YouGov's most recent review in 26 nations including 27,681 respondents, shows that shoppers around the globe are worried about work and family spending plans. They additionally will in general be cautious in going through or putting away cash. This recommends indications of recuperation referred to by some policymakers as purposes behind p...
Economy and Finance

Omnibus Law Becomes A Scenario To Save Indonesia’s Economy From A Crisis

Special Staff of the Minister of Finance Yustinus Prastowo assessed that the Draft on Omnibus Law Job Creation is the policy most likely to be taken by the government to overcome the economic crisis in the midst of the coronavirus pandemic (Covid-19). According to him, the regulatory plan is not the best choice. However, the Job Creation Bill is the most rational option to respond to current conditions. "Omnibus Law In our opinion, is the most likely strategy at this time, not the ideal one. Maybe it is not the best policy, maybe not the second best, but it is the most likely to be taken right now to answer objective needs," he said in a teleconference session, Tuesday (14/7/2020). "That there are definite shortcomings. But whether this is all bad or not. So I believe there are good thin...

Survey: 75% Of People Choose Health Instead Of Economy During The Pandemic

The re-tightening of large-scale social restrictions (PSBB) by DKI Jakarta Governor Anies Baswedan reaps pros and cons. Some people think this policy will weaken the starting economy. Others think that the PSBB needs to act as a brake so that the number of Covid-19 transmissions can be contained. Then, what about the public opinion itself? In the “National COVID-19 Survey” conducted by the KedaiKOPI Survey Institute (Indonesian Public Opinion and Discussion Group), it was revealed that the public is more concerned with health issues. This survey was conducted face-to-face with a home visit mechanism on 18 August-6 September 2020, by interviewing 1200 respondents spread across 34 Provinces in Indonesia. Interviews were conducted according to health protocol: wearing masks, maintaining a di...

DKI Returns Total PSBB, Epidemiologist: Covid-19 Pandemic Needs Preparation and Collaboration with JABODETABEK Areas

DKI Jakarta Governor Anies Baswedan decided to pull the emergency brake applying large-scale social restrictions (PSBB). Thus, the implementation of the transitional PSBB in Jakarta was also revoked and the PSBB was re-implemented on Monday, 14 September. This decision was made taking into account a number of factors such as the availability of almost full hospital beds and high mortality rates. "There are not many options for Jakarta except to pull the emergency brake as soon as possible," Aniaes said in a press conference broadcast on the DKI Jakarta Provincial Government's Youtube channel, Wednesday (9/9/2020). Buffer area preparation and collaboration In response to this decision, Indonesian epidemiologist at Australia's Griffith University Dicky Budiman said the potential for colla...