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JAKARTA (The Jakarta Post/ANN): The Indonesian government is bracing itself for social unrest ahead of the Ramadan fasting month amid the economic downturn caused by the Covid-19 pandemic, which has hit purchasing power and put many people out of work.
Online health fund-raising platform WeCare has initiated a campaign that aims to provide personal protective equipment (PPE) for healthcare personnel working around the clock treating Covid-19 patients across the country despite the apparent scarcity of safety apparatuses.
Jakarta: Several members of President Joko “Jokowi” Widodo’s expert staff have received public criticism over conflicts of interest regarding double roles in public service and private interests, especially during the Covid-19 outbreak. Adamas Belva Devara, co-founder of education technology start-up Ruangguru, is the latest staffer to experience backlash following the naming of his company as one of the government’s eight partners in the pre-employment card programme.
JAKARTA, April 15 (The Jakarta Post/ANN) -- Bank Indonesia (BI) has decided to keep its benchmark interest rate unchanged in a move to safeguard the country’s macroeconomic and financial stability amid recessionary risks from the COVID-19 pandemic.
JAKARTA: Indonesia’s central bank on Tuesday (April 14) said it is expected to lower borrowing costs for a third straight month as policy makers take unprecedented steps to bolster the economy amid the Covid-19 (coronavirus) pandemic.
ANTI-GRAFT activists have called on the government to be transparent in the disbursement of the recently unveiled 405.1 trillion rupiah (RM106bil) Covid-19 economic stimulus in order to avoid the pitfalls of past corruption cases in 2008 and 1998.
JAKARTA (Xinhua): Despite discouraging economic trends, Indonesia remains optimistic that its economy will grow positively, especially during the further spread of the Covid-19 which has claimed 306 lives till Friday(April 10).
JAKARTA, April 8 (The Jakarta Post/ANN) - Bank Indonesia (BI) has reached a repurchase agreement (repo) worth US$60 billion with the United States Federal Reserve to boost dollar liquidity supply following a fall in Indonesia’s foreign exchange reserves in March amid the COVID-19 pandemic.