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View all search resultsIn an economy still heavily skewed toward urban concentration, where capital accumulates disproportionately in Jakarta and major cities, the annual Idul Fitri migration serves as a release valve, channeling economic “lifeblood” back into rural capillaries.
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.
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