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As businesses integrate sustainability initiatives beyond the now familiar rhetoric of ESG, they should also adjust their transfer pricing analysis to accurately capture the resulting transformative changes in how they do business.
By partnering with traditional banks, fintech lenders can benefit from existing infrastructure and expertise, while traditional banks can leverage fintech lenders' technological capabilities to streamline loan applications and improve customer experience.
Comprehensive regulatory reform is urgently needed in Indonesia's online lending ecosystem to protect consumers from falling into an unsustainable cycle of debt, particularly by enacting robust regulations on financial promotion.
While the draft 2024 state budget indicates that the economy is progressing well along the path to post-pandemic recovery, the government should keep a close watch on potential fiscal risk from contingent liabilities linked to debt guarantees.
"We're not advising companies to withdraw products, nor are we advising consumers to stop consuming altogether," said Francesco Branca, the World Health Organization's nutrition and food safety director.
