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Economy 1 year ago
PREMIUM
Consumer confidence inches up from multi-month low
Consumer confidence in Indonesia has improved slightly but remains at a low level, with an April survey by the central bank showing respondents more positive on the current state of the economy, even as they expect worse times to lie ahead.
Economy 1 year ago
PREMIUM
GDP growth drops below 5% in Prabowo’s first quarter
Economic growth in Prabowo Subianto’s first full quarter as president has touched the slowest pace since the coronavirus pandemic as the Ramadan boost failed to significantly jack up consumer spending and investors fretted about global uncertainty while government spending contracted.
Academia 1 year ago
PREMIUM
Fintech P2P lending benefit limits: The good deed that backfires
The decline in P2P lending practices is attributed to a variety of social issues. A problem commonly brought up is the debt collection methods, which sometimes involve prohibited measures such as intimidation and violence. Moreover, there is growing concern over high interest rates that affect consumers.
