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Jakarta Post

Five months until business as usual: RI companies

  • Eisya A. Eloksari and Riska Rahman

    The Jakarta Post

Jakarta   /   Wed, April 8 2020   /  12:30 am

Business players expect to resume normal operations in September or October as companies weather economic paralysis and lay off workers to cope with the economic shocks of COVID-19.

Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan Roeslani told The Jakarta Post that businesses expected the coronavirus pandemic to peak around June before seeing major improvements by September.

“However, the economic recovery from the pandemic could last until 2021 or even the next two years,” he said on Monday. The rebound period would be especially long for industries hit hardest by the pandemic, such as tourism,
he said.

Scientists have predicted that the peak of the COVID-19 outbreak in the country will occur around April with about 71,000 cases as the government accelerates rapid testing to identify and contain the virus. As of Tuesday, 2,738 COVID-19 cas...