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View all search resultsThe rupiah’s recent moves from Asia’s best performing currency pre-COVID-19 to the worst during the pandemic-driven global market rout and now back again to the region’s best performer validates beliefs about the asset’s volatility and sensitivity to external factors.
The circular economy can bring Indonesia toward more sustainable development that averts the excessive use of natural resources. And yet, a clearer agenda is highly needed to provide an opportunity for all parties to play their role under the highly expected clear and assertive regulation.
In light of COVID-19, a company’s nonperformance may still be excused if it can successfully argue in court that COVID-19 is a force majeure event and is able to prove that there is a direct causal link between the pandemic and its nonperformance.
We are truly in a crisis now and, like in most other countries, the Jokowi administration must act decisively while expanding its economic role because right now only the government can save the economy and maintain stability to prevent a total collapse.
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