News on Hebronstar vol. 65

 

[Inside Korea]

 

COVID-19 Survival Game

Since December last year, COVID-19 has spread to 214 countries and territories.[1] To curb the spread of COVID-19, countries around the world implemented lockdown measures, including closing borders, shutting schools and workplaces, and limiting large gatherings, which have brought much of global economic activity to a halt.

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[Inside Vietnam]

 

Vietnam warned negative growth a possibility amidst Covid-19 comeback

Vietnam’s GDP could contract this year as a Covid-19 resurgence threatens to block the recovery of major sectors, experts say.

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Food industry considers survival plans as Covid-19 spreads

Food and beverage businesses are trying to figure out survival strategies amid the renewed local transmission of Covid-19.

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Foreign investors’ net sell value narrows in Vietnam

Foreign investors are increasing their purchases of Vietnam stocks after selling in large volumes in the first six months due to Covid-19 impacts.

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[Inside Indonesia]

 

Experts call for better public transportation integration in Greater Jakarta to lure more users

The urban transportation system in Greater Jakarta should be better integrated in order to increase convenience for passengers, increase efficiency and meet the government’s target to lure more people to use public transportation, experts have stated.

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Indonesia aims for structural reforms as pandemic poses ‘short-term challenge’ to economy

Indonesia is aiming to capitalize on the coronavirus crisis to conduct structural reforms including in human capital and infrastructure, among other things, as the coronavirus pandemic posed a “short-term challenge” to the country’s economy.

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Bank Indonesia to cut benchmark rate once again this year, Fitch Solutions says

Bank Indonesia (BI) is projected to cut its benchmark interest rate by 25 basis points later this year to support the Indonesian economy against the coronavirus pandemic impact, backed by sufficient foreign exchange reserves, Fitch Solutions says.

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