Shelter Before the Storm

Banks are preparing protocol to deal with the crisis that comes with the Covid-19 pandemic. Potentially non-performing loans further induces the flagging business sectors.

Aisha Shaidra

March 24, 2020

THAMRIN City felt deserted on Thursday, March 19. Customers who usually fill this wholesale shopping center in Tanah Abang, Central Jakarta, have now disappeared. Only owners and shopkeepers were seen at the textile and clothing stalls. Their anxious faces brighten up once a customer strolls by, though there were only very few of them. “Until now we haven’t sold anything,” said one trader on the first floor.

That afternoon aft

...

More Articles

March 24, 2020

March 24, 2020

March 24, 2020

March 24, 2020