BATAM NEWS TODAY

Riau Islands Still Safe from Corona Virus Outbreak

Riau Islands (Kepri) and Singapore strengthened cooperation in dealing with Corona virus outbreaks. Riau Islands is still safe from Corona virus.

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Illustration of Corona virus. 

Previously, the current drop in Composite Stock Price Index (CSPI) was called Wimboh because of negative sentiment caused by weakening movements in the capital market, due Corona virus (Covid-19) outbreak.

"The cause of index decline in the capital market is more due to negative sentiment," explained Wimboh.

According to him, the slowdown that occurred in the capital markets of all countries must be interrelated and eventually also affected Indonesian financial sector.

"Capital markets around the world are also interrelated, if one goes down, it will widen everywhere, including Indonesia," Wimboh said.

In dealing with the impact of Corona virus that slapped the stock sector, he said the government provided facilities through phase two fiscal and non-fiscal stimulus.

This step is certainly taken to create positive sentiment for entrepreneurs, including investors, until the Corona virus outbreak is over. (Tribunnetwork/fit/cent/yud/kps wly)

Indonesia and Singapore Will Be Allied Against Corona Virus or Covid-19

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ATB Reveals 2 Water Rationing Scenarios in Batam; Off Thursday & Sunday or Off Saturday & Sunday

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