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08
October

The spokesperson for the COVID-19 Task Force Wiku Adisasmito said vaccines do not guarantee for ending the COVID-19 pandemic in Indonesia.

"Vaccines are not the only guarantee for the completion of the COVID-19 pandemic in Indonesia," Wiku said at a press conference in Jakarta, Thursday.

Wiku said the vaccine is a medical intervention to strengthen people's immunity amid a pandemic. He emphasized that the vaccination program should pay attention to public awareness and discipline of health protocols.

"Without discipline on health protocols, efforts to resolve the pandemic will be difficult," said Wiku.

On Oct. 5, 2020, President Joko Widodo signed Presidential Regulation Number 99 of 2020 concerning Vaccines Procurement and Implementation of Vaccinations in the Context of the COVID-19 Pandemic.

A number of contents of the Presidential Regulation on vaccines include affirming the acceleration of procurement of the COVID-19 vaccine and the implementation of vaccinations.

Wiku said the vaccination price is still being formulated by the government. (Antaranews)

08
October

The COVID-19 Task Force reported 4,850 new positive cases of COVID-19 on Thursday at 12.00 WIB, bringing the total cases of COVID-19 in Indonesia to 320,564 cases. 

Based on the data, the number of recovered patients per day increased by 3,769 people, bringing the total number of COVID-19 patients who have successfully recovered to 244,060 people.

Meanwhile, there are 108 death cases, totaling to 11,580 deaths from 43,389 specimen samples.

The cumulative number of specimens examined in Indonesia is 3,639,108 specimens.

The total number of suspects per day is 144,072 people. 

COVID-19 has infected 34 provinces in the country covering 499 districts and cities or an increase in one area compared to the previous day. 

The addition of new positive cases today is in Jakarta with 1,182 cases, West Java 597 cases, Central Java 348 cases, East Java 347 cases, Riau 244 cases, East Kalimantan 238 cases, South Sulawesi 213 cases, West Papua 210 cases, West Sumatra 201 cases, and Aceh 169 cases. 

There are five provinces that reported the addition of new cases of less than 10 people, namely Gorontalo with 9 new cases, North Kalimantan and West Sulawesi with 6 new cases each, North Maluku 5 new cases, and Bangka Belitung 2 new cases. 
East Java Province is the region with the most deaths per day, namely 24 people. Then Jakarta followed with 17 deaths and East Kalimantan 11 deaths. 

Provinces that reported the most recovered patients today are Jakarta with 1,044 recovered cases, followed by East Java with 334 recovered cases, West Java with 325 recovered cases, Central Java with 270 recovered cases, and East Kalimantan with 238 recovered cases. 

As of today, the cumulative data on positive COVID-19 cases in Indonesia mostly occurred in Jakarta with 83,372 cases followed by East Java 46,095 cases, West Java 26,259 cases, Central Java 25,261 cases, and South Sulawesi 16,298 cases. 

Most recovered patients are in DKI Jakarta 68,260 people, East Java 39,607 people, Central Java 17,887 people, West Java 15,966 people, and South Sulawesi 13,581 people. 

Meanwhile, the highest number of deaths occurred in East Java, namely 3,374 people, followed by DKI Jakarta 1,834 people, Central Java 1,472 people, West Java 527 people, North Sumatra 459 people and South Kalimantan 438 people. (Antaranews)

08
October

Minister of Finance Sri Mulyani Indrawati said the losses suffered by all countries in the world due to having to deal with the impact of the COVID-19 pandemic over the past six months had reached around $9 trillion to $15 trillion.

"This is equivalent to nine to 15 times the size of the Indonesian economy. The impact was so devastating in less than six months,” Sri Mulyani said in Jakarta, Thursday.

Sri Mulyani stated that the loss was in line with the rate of world economic growth, which is predicted to experience a deep contraction this year, namely between 3-5 percent.

"Initially, in 2020 the world economy was estimated to grow by 3.4 percent, now it has turned into a contraction of 3 percent to 5 percent," Sri Mulyani said.

Meanwhile, she said the global panic due to the COVID-19 pandemic had implications for Indonesia, such as the outflow of foreign capital or capital outflows in the stock market which reached Rp 140 trillion.

Not only that, Sri Mulyani revealed that world panic had also caused the turmoil and the fall of the JCI, the Government Securities (SBN) market, and the domestic foreign exchange (forex) market.

She continued that this also contributed to the decline in economic activity and created a tremendous threat to human safety and welfare, which was reflected in the increasing unemployment and poverty.

"The threat of unemployment and poverty in all countries has increased sharply in a short time," said Sri Mulyani.

Social stability, economic and financial systems are also threatened due to the bankruptcy of the business world in all sectors ranging from transportation, hospitality, restaurants, manufacturing, trade, to construction.

"Various efforts to overcome COVID-19 with vaccine discovery efforts are still in the development process and require time and complicated preparation for implementation," she added.

"Export, import, and trade activities between countries have declined," she said.

However, Sri Mulyani said that the whole world is trying to overcome the crisis by finding a COVID-19 vaccine that is it requires a long and complicated process and preparation.

"The combination causes uncertainty in the economy and the financial sector is very high, while the predictability level of COVID-19, both in terms of impact and time for completion, is still very low," Sri Mulyani said. (Antaranews)

08
October

Indonesia’s state miner Mining Industry Indonesia (MIND ID), formerly known as PT Inalum, completed its purchase of a 20% stake in nickel miner PT Vale Indonesia, the country’s state-owned enterprises ministry said on Thursday.

MIND ID bought the 20% stake at Rp 2,780 per share, totaling to Rp 5.52 trillion ($375.77 million), the ministry said in a statement.

Brazil's Vale Group controls 44.34% of PT Vale Indonesia INCO.JK, while Japan's Sumimoto Metal Mining Co. Ltd holds 15.93% of shares, the ministry said.

MIND ID bought a 14.9% stake from Vale Canada Ltd, the Canadian subsidiary of Vale Group, and 5.1% from Sumimoto, according to the statement.

“With this transaction, we add more state ownership in the mining sector,” state-owned enterprises minister Erick Thohir said.

“This is also a great step to strengthen the value chain in Indonesian and the development of the battery industry for electric cars.”

The Indonesian government is keen to build a holistic onshore electric vehicle (EV) industry, covering everything from the production of nickel chemicals needed for batteries, through to producing those batteries and eventually building vehicles domestically.

Mining Industry Indonesia changed its name from PT Inalum in August to distinguish its holding company function from its smelting operational business. (Reuters)

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