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Jakarta Post
Cashless economy: State-owned bank BNI employees print credit cards on Aug. 10, 2012, at the lender’s Card Business Division in Jakarta. Bank Indonesia (BI) has cut the interest rate for credit cards from a maximum of 2 percent to 1.75 percent per month, effective on Thursday.
Cashless economy: State-owned bank BNI employees print credit cards on Aug. 10, 2012, at the lender’s Card Business Division in Jakarta. Bank Indonesia (BI) has cut the interest rate for credit cards from a maximum of 2 percent to 1.75 percent per month, effective on Thursday. `
Opinion premium

Analysis: KKI expands credit access amid rising household risks

Bank Indonesia (BI) and the Indonesian Payment System Association (ASPI) launched Kartu Kredit Indonesia (KKI) on Aug. 17, enabling deferred QRIS payments to be processed domestically. While easier access to credit could support consumption and strengthen Indonesia’s payment ecosystem, it also carries risks. Without prudent lending standards, greater convenience could lead to higher household debt and deteriorating credit quality.

1 hour ago
Editorial premium

Whoosh at a juncture

Shuffling Whoosh’s ballooning debt among state balance sheets won't save the region's first HSR service; only hard renegotiations and structural reform will.

1 hour ago
Academia premium

Peaceful border talks require secure ground first

As Thailand prepares to engage constructively with the UNCLOS conciliation proceedings to resolve the border dispute with Cambodia, both sides must first ensure that the conditions on the ground are actually safe for our teams to work.

19 hours ago

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Academia premium

Meeting Indonesia’s growth, and deficit, targets

In parallel with growth, the government must have a dedicated focus on the revenue side of reducing the deficit, particularly in drawing businesses out of the shadow economy and into the real economy.

20 hours ago
Academia premium

New BI leadership brings experience and stability

As Destry Damayanti makes history as the central bank's first female governor, a battle-tested leadership team is stepping up to anchor monetary stability and drive equitable growth through turbulent global markets.

21 hours ago
Academia premium

Technocracy cannot fix Europe

A new private initiative bringing together the crème de la crème of European business, financial, economic and tech elites could well prove useful in kick-starting European growth and innovation. But first, it must recognize that the problem it hopes to solve is fundamentally political.

22 hours ago
Academia premium

OECD is no magic lamp

Chasing elite clubs like the OECD won’t magically transform Indonesia’s economy, especially in a fractured global order where diplomatic prestige is no substitute for domestic reform.

23 hours ago
Academia premium

‘Desil-desilan’: Indonesia’s welfare ranking needs more than a data refresh

The deeper issue is that a probabilistic statistical estimate is being wielded as an indisputable administrative fact; one deemed sharp enough to decide who gets subsidized fuel and who walks away empty-handed.

1 day ago
insight

Insight: The strategic role of PT SMI in fiscal policy and economic expansion

Indonesia’s future economic growth will not be determined solely by the size of government spending, but also by how effectively development financing is managed.

7 months ago
insight

Insight: Rethinking work: Driving sustainable growth in the digital age

The digital age has redefined how we live, communicate and work, but perhaps nowhere is this shift more critical than in the field of medicine and public health. As healthcare systems integrate digital technologies, the traditional roles of medical professionals are being reshaped. 

1 year ago
insight

Insight: Innovations in managing and developing human capital

Over the past few years, the role of human resources (HR) has expanded far beyond administrative tasks. HR professionals today are expected to drive innovation, enhance the employee experience and align people strategies with business goals. With the help of technology, these responsibilities have become more manageable, and in many ways, more impactful.

1 year ago
insight

Insight: AI and Efficiency: Sacrifices The Next Generation

Introduction: From One Disruption to Another

1 year ago
insight

Insight: Securing a healthier future: The importance of Indonesia's plasma fractionation facility

The global health crisis brought on by COVID-19 tested healthcare systems worldwide, and Indonesia was no exception. As one of the world’s most populous nations, the nation faced immense challenges yet demonstrated resilience and adaptability in navigating the pandemic.

1 year ago
insight

Insight: Understanding sovereign wealth funds and their application in Indonesia

Toward the end of 2020, amid a world grappling with unprecedented challenges, Indonesia took a bold step in securing its economic future: establishing its first sovereign wealth fund (SWF), the Indonesia Investment Authority (INA).

2 years ago

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Tue, September 1, 2026

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