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A Soft Yet Lethal Blow

Tuesday, 24 March 2020

Economists calculated that the corona pandemic will culminate in a global economic crisis. The government and the central bank are preparing rescue strategies.
Bank Indonesia Governor Perry Warjiyo (second from left) at the press conference on government’s policies to maintain monetary and financial stability in the wake of corona pandemic, at the Bank Indonesia building, Jakarta, March 2./ ANTARA/Indrianto Eko Suwarso. tempo : 167967487953

CORONA continues to plague businesses. Even government’s strategy to counter the pandemic has led to more uncertainties for them. In the words of Dwiatmoko Setiono, CEO of Sekawan Karsa Mulia, the side effects will follow the so-called ‘rat extermination’, which is not accompanied by a balanced judgment.

On Monday, March 16, Dwiatmoko was already up in arms as his company was impacted by the limited operation of Jakarta’

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