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Charting out the rupiah's exchange rate

The recent fluctuations of the rupiah against the US dollar can be likened to an intricate opera, reminiscent of Richard Wagner’s renowned works that blend poetry, visual art, music and melancholic drama into a beautiful symphony.

TikTok Shop ban hits Southeast Asia's largest textile market in Jakarta

Betting on China's Belt and Road

China's Belt and Road Initiative has transformed the face of Asia, but what might its legacy be? China's trillion dollar infrastructure plan has fuelled its rise to a global superpower, bringing Beijing into closer quarters with nearly every corner of the world. The Belt and Road Initiative has dominated China's economic and diplomatic relationships since [.] The post Betting on China's Belt and Road appeared first on 360.

Indonesia courts controversy with private COVID vaccine scheme

Young people first: Indonesia's COVID vaccine strategy questioned | Coronavirus pandemic News

Jakarta, Indonesia – In the UK, the first person to receive a COVID-19 vaccine outside trial conditions was a 90-year-old pensioner. In Canada, the first recipient was only marginally younger at 89. In Germany, a 101-year-old nursing home resident was first in line. But in Indonesia, the country worst affected by the virus in Southeast Asia with 836,718 confirmed cases and 24,343 deaths, the government has chosen an unorthodox vaccination strategy. In the first phase that begins on Wednesday and continues until the end of March, 1.3 million healthcare workers and a further 17.4 million workers from the public service – police, soldiers, teachers and bureaucrats – will receive free jabs of CoronaVac, the vaccine developed by Chinese firm Sinovac Biotech. After that, it will be working adults.