TheJakartaPost
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Coordinating Economic Minister Darmin Nasution said that while fintech could make financial services accessible to more people compared to conventional financial institutions, there were three threats related to the mushrooming of fintech services.
State-run flag carrier Garuda Indonesia’s aircraft maintenance unit, the Garuda Maintenance Facility, private airline giant Lion Air Group and Batam Aero Technik announced a joint venture to build a maintenance repair and overhaul facility in Batam to compete with neighboring Singapore.
The government has made the decision to allow for the development of new special economic zones for industry on Java Island, the nation's most populous and most industrialized island, in a push to diversify industries and respond to demand from the private sector.
