According to research by EIU, commissioned by USAID, fintechs can play an important role in reducing the risk and cost of lending to smallholder farmers, and drive the transition to sustainable agriculture. Smallholders make up one-third of the Southeast Asian
Bank Indonesia (BI) in its latest attempt to spur growth, has cut interest rates by 25 basis points to a record low of 3.5 percent. This was the first interest rate cut this year, and the fifth in the past
Sri Mulyani, Finance Minister, announced the state budget’s allocation of IDR 173.3 trillion (US$ ~12.3 billion) to mitigate the Covid-19 pandemic, doubling from the 2020 pandemic mitigation budget of IDR 63.5 trillion. According to official reports, the budget will be
Following the Presidential Regulation No.10 of 2021, the Indonesian government now considers the ‘Ínvestment Business Sector’ as a Priority Business field to accelerate investments and job creation. The key eligibility criteria is based on alignment with national strategic programs and
Indonesia continues to strengthen its bilateral relations with the UK through the UK-Indonesia Tech Hub program launched in September 2019. It aims to promote tech startups that address a number of global issues, including climate change and cybersecurity, given the
Indonesia plans to double the 2021 state budget for the national economic recovery program (PEN) by allocating IDR 699 trillion (US$~50 billion). The budget includes the following allocations: 25% to the health sector, 22% to social services such as food
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