Graphs representing the stock market crash caused by the Coronavirus
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ASEAN leaders urged to reopen economy gradually

ASEAN leaders have been urged to take urgent measures to ensure uninterrupted supply chain for essential food, intensify ASEAN-wide trade facilitation and plans for the gradual reopening of the economy to restore market confidence. ASEAN Business Advisory Council (BAC) in its press statement said, “We commend our ASEAN leaders, under the Chairmanship of Nguyen Xuan […]

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Indonesia could enter recession as virus response remains fractured, unclear: Economists

Indonesia’s economy may enter a recession and experience a much longer recovery than other countries in Southeast Asia if the government’s management of the COVID-19 pandemic remains “slow” and “amateurish”, economists have warned. A recession happens when a country sees its gross domestic product (GDP) decline for two consecutive quarters in conjunction with other monthly indicators, […]

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