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The default rate of peer-to-peer lending in the fintech industry has worsened, with the ratio of 90 days past due (TWP90) loans to total loans standing at 4.33 percent in November, up from 2.52 percent in November 2024, according to Financial Authority Services (OJK) data.
2 hours agoThe former Indonesian’ finance minister’s appointment will bring valuable perspective thanks to her distinguished experience in economic and development policy, the foundation said. ...
3 hours agoTwo of Asia’s brightest talents enter 2026 from opposite directions, with China’s Li Haotong resurgent and South Korea’s Tom Kim searching for his way back. ...
3 hours agoPersistent heavy rainfall across West and Central Java has triggered flooding and landslides with coastal areas bearing the greatest impact due to ongoing erosion. The situation is expected to continue in the coming days.
3 hours agoTotal bilateral trade with Iran stood at merely $206.9 million in 2023, according to the Trade Ministry.
6 hours agoThe former midfield maestro was expected to overhaul Madrid's game with a cerebral and tactically adroit approach, but his team flattered to deceive.
6 hours agoIndustry associations are concerned about a drastic cut to this year's beef import quota for private companies, warning of potential layoffs, stymied domestic competition and negative impacts on the market and consumers.
8 hours agoQuestions about the fate of the Nusantara capital city project have lingered since Prabowo took office in October 2024.
8 hours agoTrump nominated Powell as Fed chair during his first presidency. Powell's term as chair ends in May, but he could stay on the Fed's board until 2028.
8 hours agoDuring the 2015-2024 period, wages grew by 16.1 percent in compound annual growth rate (CAGR), significantly outpacing productivity per worker, which increased by only 2.4 percent.
9 hours agoFormer prime minister Kevin Rudd, who departs his post on March 31 to become president of the Asia Society think tank in New York, had sharply criticised Trump while he was out of office.
9 hours agoThe long-awaited Balikpapan refinery upgrade, beset by multiple delays since the project broke ground in 2018, came onstream on Monday in a ceremony led by the President, with the energy ministry hailing the integrated facility's potential to significantly reduce fuel imports.
11 hours agoThe G20 has done exactly what it was set up to do; the problem is that the capitalist financial system is no longer sufficient to address the challenges of today's world.
11 hours agoBulgaria has finally completed its full integration into the euro area, a journey that began with its membership of the European Union in 2007. What does the full integration mean for this nature-rich, beautiful country in the Balkans, which borders the Black Sea, and how can this benefit Indonesia?
12 hours agoFrom cyberpunk classics to rural dramas, these Japanese Film Festival picks show why the country’s cinema continues to resonate far beyond its borders.
12 hours agoThe talks come as Pakistan's defense industry moves forward with a series of defense procurement negotiations, including deals with Libya's National Army and Sudan's army, and looks to establish itself as a sizable regional player.
13 hours agoIf Indonesia’s diplomacy remains entrenched in selective silence, the privilege of presiding over the council will devolve into symbolic prestige devoid of impact.
13 hours agoScientists warn that shrinking habitat is pushing Indonesia’s iconic raptor closer to extinction.
14 hours agoA surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favored gold even as it weighed on the dollar.
14 hours agoAmran said illegal imports of agricultural produce not only cause financial losses to the state through unpaid taxes and duties, but also pose a serious threat to the environment and national agriculture by potentially introducing plant diseases.
14 hours agoTrumps' actions against Venezuela has turned hegemony into bullyism, and other countries should be asking whether the world really needs the US.
14 hours agoJakarta faces an escalating threat from land subsidence, which experts warn could leave parts of the city underwater and cause massive economic losses if aggressive mitigation measures are not implemented
15 hours agoThe quasi-corporate approach to direct local elections is fundamentally flawed, as a price cannot be put on the democratic principle of popular sovereignty.
15 hours agoGoogle has denied any involvement in the corruption case that centered on a laptop procurement policy at the education ministry between 2019 and 2022, saying it never made use of its ties with former minister Nadiem Makarim to win any government contracts.
16 hours agoBy personalizing liability for organizational failure, the new KUHP assigns risk to corporate managers even when they do not control the full set of variables that produce harm.
16 hours agoIndonesia entered 2026 with an unusual fiscal blind spot. In the first week of the new year, the State Budget (APBN) 2026 Law had yet to be made publicly available, only appearing on the same day the Finance Ministry released its report on the 2025 APBN performance. More strikingly, Presidential Regulation (Perpres) No. 118/2025, which details the APBN and operationalizes the budget, has yet to surface at all.
16 hours agoSince its launch, the program has been plagued by a series of food safety incidents, with more than 15,000 students reported to have suffered food poisoning between January and November last year.
16 hours agoDisplaced children are turning to begging on the streets amid limited aid, often with their parents' permission, potentially leading to their long-term mental and developmental harm.
17 hours agoThe Indonesian Democratic Party of Struggle (PDI-P) has become the only party to formally oppose scrapping direct regional elections in the House of Representatives, pushing back against the ruling coalition’s plan while acknowledging the need to curb soaring election costs by other effective means.
17 hours agoWithout a massive increase in investment, our economy will diverge further from the National Medium-Term Development Plan road map, which envisions a gradual increase in gross domestic product growth from 5.3 percent in 2025 to 8 percent in 2029.
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