Speeding Up Bank Consolidation

Speeding Up Bank Consolidation

Illustration of a bank (Shutterstock/Anton Violin)The Financial Services Authority (OJK) has said it is now designing new measures and incentives to accelerate bank consolidation because the industry is still too heavily crowded by small banks, which are highly...
Regulation on e-commerce to Promote Domestic Products

Regulation on e-commerce to Promote Domestic Products

The Trade Ministry is preparing a regulation on e-commerce that will promote domestic products.  (Shutterstock/William Potter)The Trade Ministry is preparing a regulation on e-commerce that will promote domestic products, the ministry’s domestic trade Director General...
Fintech can Improve SME Tax Compliance: Experts

Fintech can Improve SME Tax Compliance: Experts

SME representatives pose for a photo at an event in Jakarta. (JP/Riza Roidila Mufti)Given that financial technology (fintech) helps ease the tax-payment process, experts agree it can improve tax compliance among the country’s 60 million small and medium enterprises...