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Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities while the world economy nosedived.
The Covid-19 pandemic that comes with falling commodity prices and financial market turmoil will have bad implications for the Indonesian economy.
The rupiah's Jakarta interbank spot rate on Friday, April 3, rebounded slightly along with the increased global price of oil.
President Jokowi reminds the private sector to fulfill their obligations in paying employees' special allowance or THR amid coronavirus outbreak.
Jokowi is preparing a number of social assistance programs for the working class families affected by the coronavirus or COVID-19 pandemic.
SOE Minister Erick Thohir said the government's strategic projects would continue to run amid the coronavirus pandemic.
Twenty seven EU leaders agree that its coronavirus economic recovery plan should take heed of its aim to fight climate change.
Bank Indonesia Governor Perry Warjiyo said that Indonesia's economy remain strong and stable, creating confidence among investors.
President Jair Bolsonaro blasted as criminals the governors and mayors of Brazil's cities for imposing lockdowns to slow coronavirus outbreak.
The government needs to immediately propose a revised 2020 State Budget as a guideline to minimizing the economic impacts of the coronavirus.
Deputy Chief of Jakarta DPRD Zita Anjani reminded Anies Baswedan of the potential economic slowdown following the coronavirus outbreak.
Jokowi asks Bank Indonesia to focus its efforts in maintaining the stability of rupiah in the midst of financial turmoil caused by the Covid-19.
President Jokowi demanded ministries, state institutions, and regional administrations to refocus and reallocate the budget amid coronavirus crisis.
The rupiah's interbank rate in Jakarta fell deeper. On Friday morning, March 20, the rupiah was traded nearly Rp16,000 per US dollar.
CORE research director Piter Abdullah said the ongoing coronavirus pandemic might generate a significant impact on Indonesia's economy.
Coronavirus cases ballooned in the new epicenter Europe, with the number of deaths in Italy outstripping those in mainland China.
President Jokowi previously visited the state logistics agency (Bulog) warehouse to check the supply.
Home Affairs Minister Tito Karnavian says the government must consider seven aspects in determining the lockdown policy, including the economic aspect
Fears of shortages among Singaporeans rise after Malaysia announced a border closure in its fight against the coronavirus.
President Jokowi held a limited meeting to discuss the macroeconomic framework and fiscal policy principles and the work plan for 2021 today, March 9.