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financial-inclusion

Financial services yet to spur economic growth: Study
Business 7 years ago

Financial services yet to spur economic growth: Study

The financial services sector has yet to become a main engine for economic growth, but it has the potential to do so, according to joint research from the National Development Planning Agency (Bappenas) and Parahyangan University.
Tech-infused cooperatives rising to compete in digital era
Business 7 years ago

Tech-infused cooperatives rising to compete in digital era

Saving and lending cooperatives, locally known as simpan-pinjam, have dominated grassroot-level financing for decades in Indonesia, but they are now tussling with technology as they compete with internet-based lenders.
Bringing banking to masses
Opinion 7 years ago

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Bringing banking to masses

In Indonesia, only around a third of the population is connected to a formal financial services institution. 
Digital reformation: A struggle far from finished
Opinion 7 years ago

Digital reformation: A struggle far from finished

Digital reformation is far from finished, and it is our duty to keep it on the right track. It is a crucial one to reach Indonesia’s goal to be equal to other powerful nations by 2030.
Measure impact not just deal size of fintech in Indonesia
Opinion 7 years ago

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Measure impact not just deal size of fintech in Indonesia

One shining Southeast Asian example is motorbike delivery and ride-hailing app and company Go-Jek, now a “unicorn” — a tech start-up valued at more than US$1 billion. 
Insurance industry a key partner for government
Opinion 7 years ago

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Insurance industry a key partner for government

The insurance sector is helping to expand the level of financial protection and to enhance social welfare provision.
ASEAN and the IMF: Working together to foster inclusive growth
Opinion 7 years ago

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ASEAN and the IMF: Working together to foster inclusive growth

Recent IMF research has shown that, when the benefits of growth are shared more broadly, growth is stronger, more durable and more resilient.
Queen Maxima visits 'warung' in Central Jakarta, discusses app-based deliveries
People 8 years ago

Queen Maxima visits 'warung' in Central Jakarta, discusses app-based deliveries

Queen Maxima of the Netherlands, who is visiting Indonesia in her capacity as the UN secretary-general's special advocate for inclusive finance for development, has visited a modest eatery in Central Jakarta.
Why banking sector's role remains small
Opinion 8 years ago

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Why banking sector's role remains small

Access to financing was deemed one of the top three challenges for doing business in Indonesia, influencing about 9.2 percent of the competitiveness index
BRI to acquire Bahana Artha Ventura for Rp 71 billion
Business 8 years ago

BRI to acquire Bahana Artha Ventura for Rp 71 billion

State-owned lender Bank Rakyat Indonesia (BRI) is set to disburse Rp 71.32 billion (US$5.28 million) to acquire 35 percent stakes in venture capital firm PT Bahana Artha Ventura (BAV), equal to 71,207 shares.
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