American Indonesian Chamber of Commerce


Update #16 June 15, 2020

Indonesia Coronavirus Update #16    June 15,2020

Number of reported cases: 39,294 (as of June 15) 2198 Deaths 15,123 Recoveries 

 Rupiah to US$ 14,228

Jakarta Stock Exchange Index: 4816

COVID-19 Official Numbers

  • After experiencing a deceleration in the growth of cases, numbers have turned in the opposite direction, perhaps due to a loosening of social distancing restrictions and the Lebaran social gatherings.    In the previous 7 days daily cases reached new highs in Jakarta and are trending upward in East Java and several smaller provinces. However, 136 of Indonesia’s 541 regional districts have reported almost no cases. President Joko Widodo warned that the ‘New Normal’ – i.e., activities with fewer mobility restrictions – could undergo revisions if the recent growth in cases persists.
  • Indonesia reported a record number of cured or discharged Covid-19 patients on Sunday, with 755 being declared free from coronavirus in the 24-hour period. Overall, the number of recovered Covid-19 patients stood at 14,531. The daily number of recovered patients has surpassed 510 during the last six days. The previous record high was 715 on June 10. Confirmed cases of the novel coronavirus increased by 857 on Sunday to a total of 38,277, including 2,138 deaths, according to the National Covid-19 Task Force. That means that the country still has 21,608 active cases across all 34 provinces. Five worst-hit provinces — Jakarta, East Java, South Sulawesi, West Java and Central Java — account for 63 percent of overall cases countrywide. Jakarta tops the list with 8,978 cases but East Java is catching up quickly.

PSBB (Large Scale Social Restrictions)

  • West Java administration has extended large-scale social restrictions (PSBB) across the province to June 26 following a spike in COVID-19 cases within a week. The extension will be effective across the province, except for the Jakarta satellite regions of Bogor, Depok and Bekasi (Bodebek), where the policy will remain effective until July 2.
  • Access to popular tourist destinations across West Java remains limited as the provincial administration reopens several sectors to revive the local economy.

Trade & Economy

  • Indonesia’s export and import performance in May slumped markedly. Exports plunged 28.95 percent year-on-year (yoy) in May to $10.53 billion, the lowest since July 2016, due to falling exports of coal, coffee, palm oil, as well as oil and gas, according to BPS data . Meanwhile, imports fell even faster by 42.2 percent to $8.44 billion, the lowest since 2009, due to weak domestic demand for consumer goods, raw materials and capital goods. May 2020 national trade balance which shows a surplus of USD 2.1 billion.
  • Indonesia’s foreign exchange reserves swelled to $130.5 billion in May, up from $127.9 billion in April, as the government took out more loans from foreign creditors, the country’s central bank said in a statement on Monday.