Qatar Fund for Development (QFFD) signs an agreement with Impact Credit Solutions Pte Ltd (ICS) as a response not only to Covid-19 pandemic, but also to benefit the Indonesian Health Sector at large. This newly born Impact Investment fund will
OCTOBER 12, 2021 – Restock.ID, an Indonesian fintech, and Impact Credit Solutions (ICS) have partnered to offer affordable financing to the Indonesian healthcare sector during the COVID-19 pandemic. Restock.ID and ICS have entered a US$4 million credit facility to
SEPTEMBER 28, 2021 – Bank Central Asia (BCA), a leading Indonesian commercial bank, and Impact Credit Solutions (ICS) have partnered to offer affordable financing to the Indonesian healthcare sector during the COVID-19 pandemic. BCA has committed to participate in the
The government is encouraging the manufacturing of medical devices to create a resilient supply chain during the Covid-19 pandemic. To date, Indonesia has been able to produce 16 of 19 categories of medical devices in-country. One of the government’s initiatives
Minister of Health, Budi Gunadi Sadikin, predicts that healthcare services will rapidly digitize post-pandemic, especially the application of artificial intelligence, the Internet of Things (IoT), and big data. Budi said the government has used a number of healthcare technologies in
JULY 2021 – ALAMI, a Sharia-compliant fintech, and Impact Credit Solutions (ICS) have partnered to offer affordable financing to the Indonesian healthcare sector during the COVID-19 pandemic. ALAMI and ICS have entered into a US$20 million credit facility to finance
Finance Minister, Sri Mulyani, estimates that the budgeted need for healthcare will rise again this year, reaching US$ 20.7 billion (IDR 300 trillion). It would be the second time that the government has increased its health budget due to the
E-commerce company, ShopBack, shared that sales from product categories in health have tripled, and daily necessities and electronics have doubled, during the current lock down (PPKM). In the health product category, there are at least seven types of products that
The Ministry of Health recorded over 34k new Covid-19 cases daily, with cumulative positive cases of Covid-19 reaching 2.37 million. Consequently, Good Doctor, a healthcare technology startup, recorded a six-fold increase in demand for telemedicine services in the past month.
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
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