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Tech 7 months ago
PREMIUM
OJK threatens ‘corrective measures’ as P2P defaults rise
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.
Economy 11 months ago
PREMIUM
I-EU CEPA opens door to EU but small businesses will struggle to enter
Duty-free access to the European Union market is supposed to help Indonesian micro, small and medium enterprises (MSMEs), but trade associations doubt it will be a panacea for boosting exports without tackling costs, compliance and capacity.
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