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View all search resultsThe migrant worker ecosystem needs to innovate from the current focus on remittance flows toward an integrated design that aims for empowerment toward financial inclusion and long-term financial health as the ultimate outcome.
Financial Transaction Reports and Analysis Centre (PPATK) head Ivan Yustiavandana denied any intention to limit ones’ rights to bank transactions with the dormant account suspension policy, saying that the move was taken to prevent criminal acts that often exploit inactive bank accounts.
The country's social security system, now over 20 years old, might need reforms for an across-the-board upgrade to reflect contemporary conditions and trends, such as an aging population and a shift from traditional, family-based elderly care, as well as inclusion of a growing informal sector.
Many individuals find that to secure a higher salary, one that not only covers daily expenses but also allows for savings and improved living standards, they must sacrifice personal time and well-being.
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