A corner of Jakarta (Photo: Jakarta Post)
Bank Indonesia (BI) on July 6 warned that though consumer confidence improved in June, but basically, people remain pessimistic about the country’s economy.
The consumer confidence index (CCI) went up 6 points to 83.8 from 77.8 in May, below the 100-point threshold separating pessimism from optimism.
Data from the Indonesian Chamber of Commerce and Industry (KADIN) showed that the number of workers losing or quitting jobs amounted to over 6.4 million in June, resulting in income reduction.
In another move, the Indonesia’s Bali resort island is planning to welcome foreigners from September 11 following the Government’s decision.
According to the Indonesian Health Ministry, the number of COVID-19 infections in Bali reached nearly 1,900 with 23 deaths as of July 6./.