In 2020 Q2, Indonesia witnessed its biggest economic contraction since the Asian financial crisis in 1998. Even though the COVID-19 situation is improving, it has left millions out of work and forcing businesses into bankruptcy, hitting the economy hard.
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In January 2023 Asia Perspective was acquired by global financial services company ARC Group and was renamed as ARC Consulting. This is an archived article preserving reports from Asia Perspective’s history. For the latest news from ARC Group and ARC Consulting, visit our News & Insights page.