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Maikel Jefriando

Indonesia books 50 million coronavirus vaccine doses from Sinovac

Aug 21 2020

JAKARTA China's Sinovac Biotech has committed to provide 50 million doses of a coronavirus vaccine candidate to Indonesia's government from November to March, a minister and Indonesia's state-owned pharmaceutical company Bio Farma said.

Indonesia books 40 million coronavirus vaccine doses from Sinovac

Aug 21 2020

JAKARTA China's Sinovac Biotech has committed to provide up to 40 million coronavirus vaccine doses to Indonesia's government between November and March, a minister said, as the Southeast Asian nation seeks to secure its supply as cases rise unabated.

Indonesia books 40 mln coronavirus vaccine doses from Sinovac

Aug 21 2020

JAKARTA, Aug 21 China's Sinovac Biotech has committed to provide up to 40 million coronavirus vaccine doses to Indonesia's government between November and March, a minister said, as the Southeast Asian nation seeks to secure its supply as cases rise unabated.

Spotlight on Indonesia's slow stimulus as economy shrinks

Aug 06 2020

JAKARTA Indonesia's efforts to support its economy through the coronavirus crisis were being hampered by the slow disbursement of a $50 billion stimulus plan, economists said.The World Bank and Indonesian government have warned that millions more people risk being plunged into poverty amid the pandemic, as data showed the economy shrank for the first time since 1999 in the second quarter.

Indonesian economy shrinks for first time since 1999 in second quarter

Aug 05 2020

JAKARTA Indonesia's economy had its first quarterly contraction in over two decades, official data showed on Wednesday, with the government promising faster stimulus spending in coming months after a battering from the coronavirus pandemic.

Indonesia may return tax to companies amid pandemic: deputy finance minister

Jul 24 2020

JAKARTA Indonesia is considering returning tax paid by companies to support them during the coronavirus pandemic, the country's deputy finance minister said on Friday, as the government seeks to retune parts of its economic stimulus.

Exclusive: Indonesia considers putting banking regulation under central bank - sources

Jul 02 2020

JAKARTA Indonesian President Joko Widodo is considering issuing an emergency decree to return banking regulation to the central bank's remit, amid concern about how the COVID-19 pandemic is exposing strain in the financial sector, sources told Reuters.

Indonesia central bank pressured to amplify pandemic response

Jun 18 2020

JAKARTA Indonesia's central bank came under pressure from lawmakers on Thursday to escalate its response to the economic fallout from the coronavirus pandemic, even as it cut its benchmark interest rate to a two-year low.

Indonesia's Bank Central Asia may support banks needing liquidity

Jun 12 2020

JAKARTA Bank Central Asia (BCA) , Indonesia's largest bank by market value, may join a government programme to lend to banks to improve their liquidity, its president director told Reuters.

Indonesia park to spearhead bid to lure China supply chains

Jun 11 2020

JAKARTA Indonesia plans to build one of its largest industrial parks on the north coast of Java island in a renewed drive to attract manufacturers relocating out of China as Southeast Asia's biggest economy comes out of a coronavirus-induced lockdown.Yet, despite its low wages and huge domestic market Indonesia must overcome decades-old hurdles including red tape, rigid labour laws, and poor infrastructure to be able to move up the global manufacturing value chain.

World News