Market Pulse: A Bogus Sense of Crisis

IT is more likely that Indonesia will experience the worst-case scenario Covid-19 situation. The record for daily new cases keeps breaking day by day, with no peak in sight. This is well and truly an unprecedented crisis. And it will be a great disaster if the government does not take extraordinary steps to handle it.

The president did send out a message that all government officials must have a sense of crisis. But the seemingly serious order a

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