Banking FeaturedBank Indonesia to reduce liquidity in 2022 and keep rates low until inflation risesIFM CorrespondentNovember 24, 2021November 24, 2021 by IFM CorrespondentNovember 24, 2021November 24, 2021 The bank forecast the economy to expand between 3.2% and 4%... Read more
Banking Exclusive FeaturedThe digital banking landscape in IndonesiaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 76% of the Indonesian population shops online every month... Read more
Aviation FeaturedGovernment prepares contingency plan to save Garuda IndonesiaIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 The carrier could be taken over by Pelita Air Service if it enters liquidation... Read more
Banking FeaturedStandard Chartered and Kredivo join hands to offer BNPL loans in IndonesiaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 The UK-based lender is making strides in the BNPL segment in Asia... Read more
Economy FeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more
Featured FintechIndonesian fintech Xendit raises $150 mn to earn unicorn statusWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 The funding round for Xendit was led by Tiger Global Management... Read more
Featured InsuranceLifepal raises $9mn to improve its product and customer experienceWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The funding round was led by ProBatus Capital and other participants included Cathay Innovation, Insignia Ventures Partners, ATM Capital, and Hustle Fund... Read more
Aviation FeaturedIndonesia’s Super Air Jet begins commercial operationWebAdminAugust 11, 2021 by WebAdminAugust 11, 2021 The carrier is currently flying from Jakarta’s Soekarno-Hatta International Airport to both Medan and Batam... Read more
Industry Logistics MagazineIndonesian logistics sector needs to embrace digital transformationWebAdminJuly 30, 2021August 2, 2021 by WebAdminJuly 30, 2021August 2, 2021 Indonesia’s e-commerce GMV value is predicted to grow from $32 bn to $83 bn in 2025... Read more
Energy FeaturedSunseap to develop world’s largest solar panel firm in IndonesiaWebAdminJuly 22, 2021July 22, 2021 by WebAdminJuly 22, 2021July 22, 2021 The project costs $22 bn and it will be on the Duriangkang Reservoir in southern Batam island... Read more