E-wallets require novel use cases as QRIS muscles in: Analysts
While consumers welcome the central bank’s initiative for doing away with a confusing array of payment options, it raises questions about the business models of e-wallets…
Aditya Hadi
Indonesia to import 125,000 tonnes of sugar to calm local price
The government has fewer options for import sources this year as India, who contributes 30 per cent of Indonesia's sugar imports, has imposed a ban on its sugar exports until…
Indonesia allows state budget to guarantee loans for high-speed rail project
The regulation stipulates the guarantee will cover all financial liabilities, including the loan principal, interest and other additional costs that may be incurred through…
Indonesia hands early years of high-speed rail operation to China Railway
The government previously announced plans to open the railway to the public on Oct. 1, but the project has yet to acquire the operating permits required for commercial use.
Minister Teten worries Tiktok may become ‘monopoly’ in Indonesia
The Minister fears Tiktok's moves could threaten small businesses.
Some coal power plants may be labelled ‘green’ in revised classification
Experts have criticised the idea and said such a move would be a major step back in the country's commitment to limit carbon emissions.
Pay later or pay never? Bad debt may damage loan growth, analyst warns
Experts urged "buy now, pay later" service providers to be more selective about offering the option to prevent an excessive number of defaults.
Cybersecurity threats in Indonesia decreasing, with AI deployed by both sides
Occurrences of abnormal data traffic, which are used as an indicator of potential network misuse or security attacks, dropped to 976 million last year, well down from the peak of…
ASEAN braces for risks of ‘deglobalization’
Inflation rates in several member states were also expected to remain high due to elevated input prices, increased demand for services and continued currency pressures.
Indonesia to merge three state-owned airlines
The merge is expected to improve services and reduce costs, but analysts have raised questions about the efficacy of the move.