DKI Jakarta residents, aged 18 years and over, are eligible to receive the Covid-19 vaccine. The Ministry of Health ensures the safety of the vaccines, namely the AstraZeneca vaccine. Meanwhile, the provincial governments have been asked to continue prioritizing the
Research from Katadata Insight Center (KIC) and Kredivo shows that 27% of the 3,560 e-commerce shoppers paid by installments, or pay-later, during the past year. KIC Research Director Mulya Amri noted that digital wallets (e-wallet) were the main payment option
The 7 banks are BCA Digital, BRI, Bank Neo Commerce, Bank Capital, Bank Harda Internasional, Bank QNB Indonesia, and Bank KEB Hana. There are already 5 digital banks – Jenius from Bank BTPN, Wokee from Bank Bukopin, Digibank from DBS
Most domestic fintech lending capital comes from the financial services industry, such as banking, non-bank financial institutions, and cooperatives. The banking sector has continued to be the main capital-provider for fintech lenders since the beginning of 2021, up to US$165
Standard Chartered and Bukalapak will be launching a new mobile application for digital banking services. This application will provide a completely digital onboarding process without in-person verification. This innovation combines the benefits of e-commerce platforms’ reach and banking-as-a-service to provide
With effect from 1 May 2021, the government mandates supermarkets and shopping centres to provide up to 30% of its retail space for MSMEs. This is an increase from the previous mandate of 20%. The management of shopping centers are
The Financial Services Authority (OJK) evaluated the performance of Indonesia’s financial services sector to be solid, with capital availability and well-maintained credit risk management. OJK also highlighted the need for the financial services sector to monitor non-conventional metrics to manage
Line, the messaging app-provider, announced its plans to launch Line Bank, a digital bank, in Indonesia, Taiwan and Thailand. In Indonesia, Line Bank is supported by PT Bank KEB Hana Indonesia. Line Bank will offer online banking services including deposit
Institute for Essential Services Reform (IESR), civil-society think tank, has reported that Indonesia’s energy sector is capable of achieving its zero-carbon emissions target by 2050. This requires strong political commitment and policy support, and the next decade will be decisive
Aviliani, a senior economist at the Institute for Development of Economics and Finance (INDEF), shared that the banks’ commitment to green credit remains low due to the low levels of firms in sustainable sectors. Currently, two state-owned banks have stated
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