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.
3 months agoThe OJK regulation creates space for banks to explore services such as crypto custody, blockchain-based solutions, and crypto-backed lending. ...
3 months agoThe government issued the National Electricity General Plans (RUKN) 2024 – 2060 to align with the country’s net-zero emissions (NZE) target on Nov. 29, 2024, without consulting the House of Representatives. On the same day, the Constitutional Court ruled in favor of a lawsuit challenging the omnibus law on Job Creation, requiring the government to consult with the House in drafting the...
3 months agoCar sales have been plummeting in Indonesia lately, but maybe that is not all bad news.
3 months agoTurkey’s refugee repatriation policy clashes with international law as Syria remains volatile and unsafe
3 months agoDeliberative democracy is not a panacea. It is a dynamic process and there can be ups and downs.
3 months agoWe would like to object to the distorted understanding of the essence of BRICS.
3 months agoAs developing countries, Indonesia and Mexico face double problems since hunger and obesity exist like two sides of a coin.
3 months agoHasjim Djalal's role in shaping the United Nations Convention on the Law of the Sea (UNCLOS) of 1982 was crucial.
3 months agoIndonesia’s core tax system is still far from the expected standard, reflecting the government's awkwardness and inability to effectively implement government digitalization.
3 months agoThe widely accepted perception of former president Joko "Jokowi" Widodo as a clean figure has begun to crumble after the Organized Crime and Corruption Reporting Project (OCCRP) nominated him as the 2024 Most Corrupt Person of the Year. Jokowi joined other world leaders known for their corruption track records in the “hall of shame”, with the humiliating title going to the deposed Syrian leader Bashar al-Assad.
3 months agoWith no consequences faced by corporations for failing to comply with HRDD obligations, they are able to benefit from social washing.
3 months agoThere are still many sustainable ways in store to enhance palm oil output, especially through long-neglected replanting efforts rather than opening new plantations by clearing forests.
3 months agoEach ASEAN country has its own critical mineral and downstreaming strategies, but these have intensified competition rather than fostering cooperation.
3 months agoFrom a business perspective, without a sustained focus on soil health, expansion of oil palm plantations may become more liability than opportunity.
3 months agoWhile economic research makes it clear that immigrants bring sought-after skills, creative dynamism and useful knowledge that also helps domestic innovators, that doesn’t mean there is no downside to heavy reliance on H-1B visas.
3 months agoJust a few months into his term, President Prabowo Subianto faced a test of his commitment to integrity after he proposed a form of amnesty for corrupt individuals and to keep their crimes a secret as long as they returned their ill-gotten wealth to the state. After mounting criticism, however, he displayed his intention to assertively deal with graft, saying those found guilty of stealing state money should serve 50 years in prison.
3 months agoLeading the Indonesian delegation at UNCLOS, Hasjim fought vehemently to ensure Indonesia gain control over the maritime territory connecting all its islands.
3 months agoWhile the current pension benefits (JP) program maintains ample cash flow and a strong balance sheet, it could face a deficit as early as 2038.
3 months agoOne of the primary drivers of Indonesia's growing gun violence is the culture of impunity within its military and police forces.
3 months agoRajesh said Diageo not only wanted to be the best performing company, but also the most trusted and most respected company to achieve sustainable growth.
4 months agoVanuatu’s self-sabotaging political class has left the country struggling to deal with social and economic shocks of recent natural disasters.
4 months agoASEAN member countries with overlapping claims with China in the South China Sea might face greater vulnerability to China’s potential use of economic statecraft.
4 months agoThe war in Ukraine has underscored the urgent need to establish processes for fast-tracking infrastructure and, when relevant, defense spending.
4 months agoEnergy transition policies risk enabling environmental destruction and deepening social inequities, particularly within the forestry sector.
4 months agoThe Constitutional Court’s decision to remove the electoral threshold to allow any political party to nominate presidential and vice-presidential candidates is not quite the milestone in the country’s democratic journey that many activists are making it out to be. The next election is not until 2029, and a lot of things can happen before then that will make their elation in welcoming the Jan. 2 court ruling appear overboard, if not premature.
4 months agoWhile reiterating Indonesia’s basic principle of free and active foreign policy, the foreign minister delivered subtle messages indicating that Indonesia would actively pursue domestic goals through foreign policy.
4 months agoFor those attending the speech, one of the most memorable scenes was when the image of Sukarno with global south leaders like then-Indian prime minister Jawaharlal Nehru and then-Egyptian president Gamal Abdel Nasser during the Bandung Asia-Africa conference in 1955 was projected on stage.
4 months agoThe prospects for peace agreements remained elusive in 2024.
4 months agoCountries are counting the costs of overtourism, such as environmental degradation, garbage crises, water shortages and irresponsible behaviors of tourists whose numbers have overwhelmed authorities and infrastructure.
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