State airport operator Angkasa Pura (AP) II is applying new policies at Soekarno-Hatta International Airport in Tangerang, Banten, after images of passengers crowding the airport went viral. The policies include dividing passenger lines into four sections, separating the document verification and health check process, as well as limiting flights to only seven per hour. AP II is […]
Read MoreWhile most businesses have been forced to downsize and have halted recruiting new staff, a recent survey has found that some companies are continuing to hire new employees as part of their strategy for faster recovery after the health crisis ends. A recently published month-long survey by Mekari, a human resource and financial solutions start-up, shows that most Indonesian companies have either frozen or reduced hiring […]
Read MoreThe government and Bank Indonesia (BI) will “share the burden” on debt to finance rescue packages for businesses severely hit by the COVID-19 pandemic, a top official has said. The Finance Ministry’s fiscal policy agency (BKF) head Febrio Kacaribu said that the government was looking for the cheapest financing option to support economic recovery. Therefore, […]
Read MoreThe House of Representatives passed a revision of the 2009 Coal and Mineral Mining Law on Tuesday in a move criticized by some experts and NGOs over a lack of transparency and alignment with business interests. The law, jointly drafted by the House and government, seeks to develop the downstream mining industry, grow the economy and […]
Read MoreFood delivery service platform GoFood, a part of ride-hailing application Gojek, has seen a jump in transactions in recent months as people dine at home during the COVID-19 pandemic. Gojek chief food officer Catherine Hindra Sutjahyo said GoFood saw a 10 percent increase in transactions at the beginning of this month compared to the end […]
Read MoreIndonesian borrowers are selling a record amount of dollar bonds, as the country’s strong fiscal track record in recent years fuels optimism on its ability to weather the COVID-19 crisis. Including the sovereign, note sales in the US currency from Indonesia this year total more than $15 billion, a year-to-date record and almost three-times the […]
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