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Business 7 years ago
PREMIUM
Skyrocketing fintech industry must proceed with caution: PwC
The rapid development of financial technology (fintech) is vital to propel future economic growth, but it requires a prudent regulatory approach to avoid a boom and bust, according to PricewaterhouseCoopers (PwC) Indonesia.
Business 7 years ago
Auto financing leader eyes 5 percent profit growth
Astra Credit Companies (ACC), the country’s leading auto financing consortium, predicts its loan disbursement will grow between 7 and 10 percent this year up to Rp 27 trillion, while its profit will grow 5 percent to Rp 1.3 trillion (US$92.3 million), bringing to an end a four-year slump.
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.
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