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Jakarta Post

Analysis: Silver lining ahead for Indonesia’s tourism sector, amid coronavirus outbreak

  • Mufti Faisal Hakim

Jakarta   /   Wed, February 26 2020   /  02:04 am

The world has been struggling to fight the novel coronavirus (COVID-19) outbreak that has taken thousands of lives and disrupted economic activity, not just in China the virus epicenter, but also in many countries across the globe since the beginning of this year.According to a recent World Health Organization report, more than 78,000 people have contracted the pneumonia-like illness with 2,462 deaths to date. The statistics not only reveal a 3.12 percent fatality rate but have also caused worldwide virus hysteria. The virus has spread to 28 countries, disrupted businesses in China as well as in other countries following lockdowns and travel warnings to the world’s second-largest economy. We already know that China is incredibly strong in manufacturing, but its tourists also play an increasingly important role in the world economy. A report from McKinsey & Company shows that 16 per...