TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in 2024, an increase of 13.9% compared to the previous year's acquisition. "This is the highest revenue achievement record in MTDL's history, which was achieved ahead of the Company's 50th anniversary
Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue
Phnom Penh, Cambodia - The Indonesian Embassy in Phnom Penh organised a Roundtable Dialogue celebrating Indonesia-Cambodia Relations for 65 Years at the embassy (13/2). The event was attended by 20 participants, including officials, researchers, and academics from Indonesia and Cambodia. The dialogue aimed to discuss various aspects of the bilateral relationship between the two countries, coinciding with the celebration of 65 years of diplomatic relations between Indonesia and Cambodia in 2024,
President Jokowi Receives 2023 Audit Reports from BPK
President Joko “Jokowi” Widodo Friday (12/08) at the Merdeka Palace, Jakarta, received the Summary of Audit Reports for the first semester of 2023 from Chairperson of the Audit Board of Indonesia (BPK) Isma Yatun. “In general, the performance of the Government is remarkable, marked by the performance of 80 out of 81 ministries/institutions—or 99 percent—received an Unqualified Opinion (WTP) and one received Qualified Opinion (WDP), namely Ministry of Communication and Informatics,” BPK member N
SKB Food Collaboration with Bank Mandiri Facilitates Access to MSME Capital Strengthening
PT Sari Kreasi Boga Tbk (SKB Food) collaborates with PT Bank Mandiri Tbk (BMRI) in order to expand the benefits of financial services to Micro, Small and Medium Enterprises (MSMEs), especially through the distribution of the People's Business Credit (KUR) to strengthen the capital aspect.
Latest Finance
Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase its share in 2022 by optimization of the products in Southeast Asia.
FSB Indonesia launches Fundo, Asia’s First and Indonesia’s Only Securities Papers Fintech Auction Platform
FSB Indonesia, a fintech company operating under license from Directorate General State of Assets (DJKN), Ministry of Finance, Republic of Indonesia, today launched Fundo, Asia's first and Indonesia’s only Securities Papers Fintech Auction Platform, providing an innovative ecosystem of next-generation fintech product and services.
TMRW by UOB launches TMRW Pay, An E-commerce loan To Help Consumers Manage Budgeting Needs
TMRW by UOB today announced the launch of TMRW Pay, an e-commerce loan that enables consumers to manage their budgeting needs conveniently. TMRW Pay offers consumers the choice of deferred payment services, with zero interest for up to 90 days and instant credit approval through TMRW’s partner, Bhinneka’s website and app. The pandemic has created a shift in consumers’ transactional habits as more of them move their purchasing activities from offline to online chan
Fintech the Main Driver of Financial Services Employment Up 45% in Q3 2021 from Q2: Michael Page Indonesia
According to job opportunity data shared by global recruitment specialists Michael Page Indonesia the number of jobs rose in Q3 2021 compared to Q2 led by job positions within Financial Services (up 45%), Digital (up 14%) and Technology (up 13%).
Gov’t Launches Cash Assistance Program for Street Vendors, Small Shop Owners
The Government officially launched Cash Assistance Program for street vendors and small shop owners in North Sumatera capital of Medan.
OJK Issues New Regulation on Crowdfunding Services Providers
The Financial Services Authority (OJK) has issued Regulation Number 16/POJK.04/2021 on Amendments to Financial Services Authority Regulation Number 57/POJK.04/2020 on Securities Offerings Through Information Technology-Based Crowdfunding Services (Securities Crowdfunding).
Gov’t, E-Commerce Community Designate 5 May as “Proud of Indonesian Products” Day
The Government and e-commerce community have agreed to designate 5 May as “proud of Indonesian products” day (HBBI).
Health Ministry to Transfer Last Year’s Incentives to Health Workers
Following a meeting discussing health workers’ delayed incentive between Minister of Health Budi Gunadi and Head of the Finance and Development Supervisory Agency (BPKP) Muhammad Yusuf Ateh on Sunday (12/04/2021), Ministry of Health and the BPKP have agreed to immediately provide last year’s incentive transfer to health workers.
World Bank Group Announces Up to $12 Billion Immediate Support for Covid-19 Country Response
As Covid-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action to respond to and, where possible, lessen the tragic impacts posed by the Covid-19 coronavirus.
IMF Leader Together With Indonesia Official Coral Reef Plant
Bandung - IMF Managing Director, Christine Lagarde together with Coordinating Minister for Maritime Affairs Luhut Panjaitan, Bank Indonesia Governor Perry Warjiyo, and Finance Minister Sri Mulyani, Sunday (7/10/218) planting coral reefs on the coast of Nusa Dua, Bali, an area that will become the center meeting of 32 thousand economic delegates who will attend the 2018 IMF-World Bank Annual Meeting on 8-14 October 2018.
Tax Revenues Rp. 799.46 Trillion Until August 2018
Jakarta - The Ministry of Finance recorded the realization of tax revenues for the period of January to August 2018 amounting to Rp799.46 trillion, or grew by 16.52 percent (year-on-year / yoy) Director General of Taxes Ministry of Finance Robert Pakpahan at a press conference in Jakarta, Friday (21 / 8/2018) said the amount of tax revenue up to August 2018 consisted of oil and gas income tax (PPh) of Rp42 trillion and non-oil and gas tax Rp. 757.4 trillion.
Sharia Economic Roadmap Completed End of 2018
Jakarta - The Ministry of National Development Planning / Bappenas targets a sharia economic roadmap to be completed by the end of this year.
Mandiri Utama Finance Launches MUFSyariah as a Sharia-based Financing.
JAKARTA - Indonesia's automotive market continues to grow stably, giving a huge opportunity for automotive financing. On the other hand, Indonesian people's interest in sharia-based financing is also getting higher. Based on these two things, Mandiri Utama Finance (MUF) launched the MUFSyariah product which is a sharia-based automotive financing product.
Economy, Islamic Finance A New Source of Growth
Jakarta - Development of the Islamic financial economy is needed to strengthen the economic structure and financial markets in supporting sustainable economic growth. This is based on the promising potential of sharia economic and financial development.
Jamkrindo Facilitates Housing Loans for Employees
Jakarta - The Indonesian Public Credit Guarantee Company (Perum Jamkrindo) facilitates its employees in the housing finance program in collaboration with PT BRI Multifinance Indonesia and PT Sarana Multigriya Finansial (Persero).
Slowing exports caused by the current account deficit
Jakarta - Coordinating Minister for Economic Affairs Darmin Nasution acknowledged that slow export growth was one of the causes of the current account balance still having a deficit.
Coinone Officially Explores Indonesian Market
Jakarta Crypto - exchange service from South Korea, Coinone Indonesia, was officially launched in Indonesia on August 23, 2018. To welcome the launch, in August this Coinone Indonesia will add two major coins to the exchange service, namely ETH and ETC.
Distribution of KUR in Papua Rp. 703,630 Billion
Jayapura - The Financial Services Authority (OJK) of the Provinces of Papua and West Papua reveals that until the first semester of 2018 the distribution of People's Business Loans (KUR) in Papua reached Rp. 703.630 billion or 59 percent of the annual target.
Indonesian Economy Grows 5.27 Percent
Jakarta - The Central Statistics Agency (BPS) noted that Indonesia's economy in the second quarter of 2018 grew 5.27 percent annually (year on year / yoy), higher than the same period of the previous year of 5.01 percent.
Consumption Growth Needs to be Supported by Inflation Control
Jakarta - Head of the Central Statistics Agency (BPS) Suhariyanto said household consumption growth (RT) needs to be supported by inflation control, so that it can help hoist higher economic growth.