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Numerous transportation companies are having a difficult time due to mobility restrictions during the Covid-19 pandemic. ASDP Indonesia Ferry is among those facing the challenge. In May 2020, the ferry operator lost Rp71 billion a month. ASDP Chief Executive Officer (CEO) Ira Puspadewi acts quickly to implement various efficiency moves, particularly through digitization of passenger service.
In the midst of turmoil from the Covid-19 pandemic, cryptocurrencies are being recognized as commodity subjects. Futures exchanges are also preparing a physical market for digital gold. An interview with the Jakarta Futures Exchange Chief Executive Officer Stephanus Paulus Lumintang.
Galvanized by alarming spikes in numbers of positive cases and deaths resulting from the Delta variant of Covid-19, Bio Farma is accelerating the production of Covid-19 vaccines. Yet, vaccine stocks remain stagnant with uneven distribution in many regions. With a production capacity of up to 6 million doses per week or 250 million doses a year, Bio Farma’s CEO Honesti Basyir hopes that the company can fulfill the country’s vaccine need.
Right after his appointment as Indonesian Chamber of Commerce and Industry’s (Kadin) Chair, Arsjad Rasjid launched the ‘War against the Pandemic’ movement. Alongside the Indonesian Military (TNI) and the National Police (Polri), he urged businesses to get involved seriously to fight the pandemic. Arsjad says Kadin is helping the government with vaccination and medical oxygen supply. But he dismisses the assertion that Kadin plans to sell vaccines through the Gotong Royong vaccination program.
Hit by a storm of crisis, flag carrier Garuda Indonesia’s revenue has fallen drastically during the pandemic, with mounting debts to aircraft lessors and banks. To Tempo, Garuda Indonesia CEO Irfan Setiaputra reveals the roots of the airline’s problems, and what the management is planning for debt restructuring.
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