BPS Survey: 6.78% of Companies Ceased Operations Due to Pandemic
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A survey by Indonesia's Central Bureau of Statistics (BPS) shows that 6.78% of companies ceased operations due to the impact of the Covid-19 pandemic. Furthermore, 14.09% of companies temporarily ceased operations due to regulatory factors, and 4.56% temporarily ceased operations due to non-regulatory factors.
Nevertheless, the majority of companies did not cease operations. 63.44% of companies never closed. Meanwhile, 11.13% of companies reopened after June 30, 2020.
The survey, titled "Analysis of Survey Results on the Impact of Covid-19 on Businesses Volume 2," was conducted from October 12 to 23, 2020. This online survey involved 35,992 respondents. The survey covered all business sectors except government, household employers, and international organizations.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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