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BI Maintains Rate After Fed’s Dovish Outlook

BI Maintains Rate After Fed’s Dovish Outlook

Bank Indonesia Governor Perry Warjiyo (Antara/Muhammad Adimaja)Bank Indonesia (BI) has decided to maintain its policy rate for four successive months while also undertaking several steps to boost the domestic economy.After a two-day board of governors meeting, the...
Fintech Association to help Grow P2P Lending

Fintech Association to help Grow P2P Lending

Illustration of financial technology (fintech) (Shutterstock/File)A group of financial technology (fintech) lenders wants to help grow a healthier lending industry and protect consumers by setting out a strict code of conduct for its members.The Indonesian Fintech...
Food Versus Fintech: Go-Jek, Grab in Race to be Super App

Food Versus Fintech: Go-Jek, Grab in Race to be Super App

Collaborating with Go-Pay, all Warung Pintar now have a QR code that can be scanned by Go-Pay users to pay for their purchases at the kiosks. (Warung Pintar/File) Go-Jek and Grab started their businesses by offering ride-hailing services in their respective home...
More Investors Apply for Tax Holiday After Rules Relaxed

More Investors Apply for Tax Holiday After Rules Relaxed

The office of the Investment Coordinating Board in Jakarta. (kontan.co.id/Achmad Fauzi) The Investment Coordination Board (BKPM) has said that more investors applied for tax holidays after the government relaxed the procedures for obtaining the fiscal incentive. BKPM...