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JAKARTA (The Jakarta Post/ANN): Indonesia’s economy is heading into turbulence as the Covid-19 pandemic is expected to further batter growth after the country recorded the weakest economic expansion since 2001 in the first quarter of the year, economists have warned.
JAKARTA: Following the fluctuating rupiah in the past several days, the Indonesian currency eventually reached its highest value in April 2020, when its rate was previously recorded in the range between 15,430 and 15,295 against US dollar. It turned out that rupiah could show its strength when it hit its highest rate of 15,000 to the greenback as recorded on Thursday's closing session of the Jakarta inter-bank market.
JOHOR BARU: Some 24 illegal immigrants, including 10 involved in a human trafficking syndicate, have been arrested by the authorities here.
HONG KONG (AFP): Equities rallied again on Thursday (April 30) and oil prices built on the previous day's surge as investors began to see a glimmer of light at the end of the tunnel in the fight against coronavirus, following news of a possible breakthrough in the search for a treatment.
Lip-reading suddenly got tricky when everyone covered their face during the coronavirus pandemic, but Indonesian tailors have hit upon the perfect solution – see-through masks.
JAKARTA: Bank Indonesia is poised to buy sovereign bonds directly from the government on Tuesday (April 28), underscoring a massive shift that is playing out in Asia’s investment landscape.
MAKASSAR, Indonesia (AFP): Lip-reading suddenly got tricky when everyone covered their face during the coronavirus pandemic, but Indonesian tailors have hit upon the perfect solution -- see-through masks.
FOR about three hours a day recently, Xavier Fabrega, 43, offered free pilates tutorials online to check in with clients. It was also to ensure they would come back once Jakarta lifts restrictions, which have kept non-essential businesses like his closed since last month.
JAKARTA: Indonesia opted for less punishing social-distancing measures than its neighbours to stem the spread of the Covid-19 (coronavirus) outbreak. Now analysts are warning its economy will take much longer to recover than others in South-East Asia.
JAKARTA (AP): While Indonesia’s neighbours scrambled early this year to try to contain the spread of the coronavirus, the government of the world’s fourth most populous nation insisted that everything was fine.