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Academia 1 year ago
PREMIUM
Fintech loans for higher education: A solution or a burden?
Universities and fintech lenders can offer an alternative funding source for education, but such partnerships must have robust assessment criteria in place to avoid placing undue burdens on students without the capacity to repay.
Companies 1 year ago
PREMIUM
Multifinance firms blame declining purchasing power for rise in bad loans
The Financial Services Authority (OJK) has revealed an increase in nonperforming financing (NPF) at domestic multifinance firms to 2.75 percent in July from 2.69 percent a year earlier, which industry players attribute to weaker purchasing power of Indonesian consumers.
Middle East and Africa 2 years ago
China offers Africa $51 billion in fresh funding, promises a million jobs
The world's biggest two-way lender, Beijing showed a desire to move away from funding big-ticket infrastructure and focus instead on selling to developing economies the advanced and green technologies in which Chinese firms have invested heavily.
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