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FinTech/Digital Finance

Indonesia’s GoTo plans to cut over 1,000 jobs in bid to reach profit

Indonesia’s largest Internet company, GoTo Group, is planning to cut more than 1,000 jobs as it seeks to trim costs and shore up its...

Boeing & poor piloting faulted for Indonesian air crash

Issues with the aircraft’s automatic throttle system were reported 65 times from 2013 up to the time of the disaster. A faulty automatic engine throttle...

Missing tech unicorns in Indonesia

While the Indonesia has successfully created impressive tech clusters and thousands of jobs, growth has mainly come from providing cheaper manpower Why has Indonesia not...

Central Java governor Ganjar Pranowo declares readiness to run for Indonesian presidency

Defence Minister Prabowo Subianto and former Jakarta Governor Anies Baswedan have also declared their readiness to be presidential candidates. Central Java Governor Ganjar Pranowo said...

The myth of the unbankable

Farmers, street vendors, low-salaried clerical workers: With a few exceptions, banks in emerging economies have traditionally regarded this large group of lower-income customers as...

What we know so far about graft allegations against Indonesia’s Papua governor

Papua Governor Lukas Enembe has denied wrongdoing and wants to seek medical treatment in Singapore. Indonesia’s Papua governor Lukas Enembe has been named a suspect...

Southeast Asian startups see inflows as China takes a backseat

Led by Indonesia, Southeast Asia's internet economy is forecast to double to US$363 billion by 2025 from an end-2021 estimate of US$174 billion in...

Outgoing Jakarta governor Anies Baswedan and what’s next for him

With just around a month left to carry out his duties as the governor of Indonesia’s capital Jakarta, all eyes are on Anies Baswedan...

Bukalapak launches digital bank in Indonesia

Partners with Standard Chartered. Indonesia’s first public-listed technology unicorn, Bukalapak and Standard Chartered bank (StanChart) have launched a digital banking service to offer an “inclusive” experience to...

Protests in Indonesia as anger grows over fuel price hike

Indonesian President Joko Widodo has said he had little choice when announcing 30 percent increase to subsidised fuel price. Thousands of protesters have rallied in...

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