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The Jakarta Post
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OJK

Indonesia’s ranking in Islamic finance jump six spots but major challenges remain
Business 1 day ago

Indonesia’s ranking in Islamic finance jump six spots but major challenges remain

Based on the 2019 Islamic Finance Development Indicator (IFDI) launched on Tuesday by the Islamic Co...
Fintech lenders, OJK launch data center as bad loans rise
Business 3 days ago

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Fintech lenders, OJK launch data center as bad loans rise

The data center will be able to integrate peer-to-peer (P2P) fintech lending platforms data in ...
Raiz Invest enters Indonesian mutual fund market, targets millenials
Business 1 week ago

Raiz Invest enters Indonesian mutual fund market, targets millenials

Raiz Invest Indonesia has gathered 100,000 potential users since the mobile app’s la...
Jasa Marga to raise Rp 3 trillion from infrastructure fund, securities
Business 1 week ago

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Jasa Marga to raise Rp 3 trillion from infrastructure fund, securities

PT Jasa Marga plans to raise up to Rp 3 trillion through the issuance of two capital market instrume...
Fintech partnerships enable banks to unlock technological capabilities at lower costs
Business 1 week ago

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Fintech partnerships enable banks to unlock technological capabilities at lower costs

Many banks have signed partnership deals or bought into nimble start-ups as an alternative to buildi...
Foe to friend: Fintech companies work with banks to reach unbanked
Business 1 week ago

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Foe to friend: Fintech companies work with banks to reach unbanked

According to Bank Indonesia data, funding channeled by fintech companies totals Rp 60.4 trillion, wi...
Asian lenders bank on Indonesia for growth
Business 1 week ago

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Asian lenders bank on Indonesia for growth

The increasing interest by Asian banks in Indonesia is a result of low interest rates in many countr...
1,369 illegal P2P lending platforms blocked, some based in China, US
Business 1 week ago

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1,369 illegal P2P lending platforms blocked, some based in China, US

As many as 127 P2P lending platforms have so far obtained licenses from the OJK, with total loa...
Fintech companies need strict law to protect consumers, ensure fair business
Business 3 weeks ago

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Fintech companies need strict law to protect consumers, ensure fair business

A strict law is needed to cover wider aspects of the online lending business, such as capital and th...
SMI looks to increase financing for local governments to reduce dependence on state budget
Business 4 weeks ago

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SMI looks to increase financing for local governments to reduce dependence on state budget

Few local governments have taken advantage of the financing opportunities provided by SMI,...
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