Several Indonesians trapped in illegal payday loan schemes
Due to the absence of legal protection for payday-loan customer in the country, debt collectors feel free to use intimidation, violation of privacy and terror.
Due to the absence of legal protection for payday-loan customer in the country, debt collectors feel free to use intimidation, violation of privacy and terror.
Rising temperatures, combined with resumption of economic activity after the Covid-19 outbreaks, have significantly raised the demand for energy, especially electricity.
With gas production declining, the continued high dependency on gas in the power sector is a serious mistake.
The challenges to developing a cross-border payment system include high costs, slow speeds, limited access and inadequate transparency.
For a long time to come, the country may have to continue external borrowings, just to retire or service old external debts and to keep bare minimum forex reserves.
Rather than taking the current praise for granted, the writer says the government needs to pay attention to the warning signs.
The writer says India's objective of self-reliance is counterproductive to the strategy of overcoming the current recession.
Only radical action and a fast-track transition to renewables can fix our energy system.
The writer says Indonesia will need to conserve its dollar liquidity and refrain from excessive intervention in the forex market.poli
While this year got off to a better-than-expected start, China's economy stumbled due to new Covid-19 outbreaks and repercussions from the Russia-Ukraine conflict.