Foreign tourist arrivals to Indonesia plunge in June World

Foreign tourist arrivals to Indonesia plunge in June

Indonesia recorded 160,280 foreign tourist arrivals in June, down 2.06 percent from the previous month and representing a drop of 88.82 percent as compared to the same month last year, according to the Central Statistics Agency (BPS).
Indonesia backs MSMEs amid COVID-19 World

Indonesia backs MSMEs amid COVID-19

The Indonesian government has prepared a credit package worth up to 4.2 trillion rupiah (about 285 million USD) to support micro, small and medium-sized enterprises (MSMEs) to resume production amid the complicated developments of COVID-19, according to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan.
Indonesia promotes support for people affected by COVID-19 World

Indonesia promotes support for people affected by COVID-19

Indonesian President Joko Widodo on July 15 directly presented cash assistance to small and micro-sized enterprises, business households, freelance workers, and street vendors affected by the COVID-19 pandemic.to help them overcome the difficult time.
Grab contributes 5.45 bln USD to Indonesian economy: Research World

Grab contributes 5.45 bln USD to Indonesian economy: Research

Ride-hailing firm Grab Indonesia contributed 77.4 trillion rupiah (5.45 billion USD) to the Indonesian economy last year, largely thanks to its food delivery service, while providing gig work for the country’s informal workers, according to a research conducted by the Centre for Strategic and International Studies (CSIS) and Tenggara Strategics.
Indonesia’s public debts swell due to COVID-19 ASEAN

Indonesia’s public debts swell due to COVID-19

The Indonesian Ministry of Finance said on June 17 the country’s total public debts hit over 5.2 quadrillion rupiah (5 billion USD) as of May, much higher than the previous month and the same period last year.
Indonesia: Banking industry posts strong Q1 World

Indonesia: Banking industry posts strong Q1

Bank Central Asia (BCA), Indonesia’s largest lender by market capitalisation, reported 6.58 trillion rupiah (444 million USD) in net income in the first quarter of this year, up 8.5 percent against the first quarter of 2019, when it reported net income of 6.06 trillion rupiah.