Corporate Indonesia headed for dark 12 months as demand dries up

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The Indonesian economy is expected to contract by 5 per cent this year and the absence of social security means that millions of Indonesians face unemployment and hunger.
OCTOBER 08, 2020 - 5:50 AM

Jakarta

WITH the Covid-19 pandemic showing no signs of abating, Corporate Indonesia is facing a bleak 12 months as consumer spending slows significantly and demand dries up on the back of large-scale social distancing measures imposed by the government.

Indonesia has recorded over...