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Academia 3 years ago
PREMIUM
Poorly designed policy for financial inclusion of low-income communities
The most pressing issue with the financial inclusion program in Indonesia lies in the following areas: first, the readiness of beneficiaries in managing bank accounts; and second, policy mistranslation from national and local to rural levels.
Academia 3 years ago
PREMIUM
Second tax amnesty suffers from moral hazard
Giving pardon again to tax evaders, who may include corrupt officials, illegal miners and loggers and drug syndicates, would appear as a blank check for money launderers, and such a policy could prompt the Paris-based OECD Financial Action Task Force on Money Laundering (FATF) to blacklist Indonesia as a noncooperative jurisdiction.
Executive Column 3 years ago
PREMIUM
Executive Column: Digital banks urged to specialize
After rapid growth in recent years, the digital-banking business is facing challenges in sustaining its business model through difficult times. Juan Madera, financial services sector (FSS) ASEAN leader at IBM Consulting, spoke with The Jakarta Post’s Vincent Fabian Thomas about the future of digital banks in the region.
