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Tag: Jakarta

P2P Lenders in Indonesia Report Slowdown in Loan Disbursement via Fintech Platforms due to COVID-19

Indonesia’s Fintech lending platforms have reported slowing growth in total loan disbursements due to the COVID-19 outbreak and resulting economic challenges. The pandemic...

University of Indonesia Study Reveals that Borrowers Using Local P2P Lender Investree Were Able to Generate More Revenue

Borrowers that use Indonesia’s peer to peer (P2P) lending platform Investree, which mainly includes local SMEs, had reported a considerable increase in their...

Amar Bank Launches Senyumku a “Digital-Only Bank” using Google Cloud

Amar Bank announced its collaboration with Google Cloud in introducing Senyumku, which they described as a digital-only bank launched in the Cloud. The...

Indonesian Fintech Investor, BRI Ventures’ CEO Says Digital Tech Investments Now Focused on Sustainable Growth Initiatives

Digital technology startups need venture capital or some other type of reliable funding to grow and expand their operations. Several foreign investors have...

Fintech Adoption: Mobile, Digital, and Contactless Payments Increasingly Being Used in Indonesia due to COVID-19

The COVID-19 outbreak has created significant socio-economic challenges, which have impacted individuals and businesses across the globe. More people are now spending time...

P2P Fintech Lending Sector in Indonesia May Struggle Due to Risky Loans, as Lenders Rejected Over 50% of Restructuring Requests

The Fintech sector in Indonesia is reportedly struggling due to potentially risky loans as lenders on local peer to peer (P2P) lending marketplaces...

Indonesian Activists Rally For Medical Cannabis Rights

Interesting story in the Jakarta post. Any form of drug use is severely frowned upon in Indonesia as a matter of course and...

Guantanamo Judge Rules Tortured Prisoner Could Get Reduced Sentence

In this photo reviewed by U.S. military officials, the control tower is seen through the razor wire inside the Camp VI detention facility,...

Indonesia Cancels Hajj Pilgrimage, Citing Risks Of Travel During Pandemic

Muslim pilgrims circumambulate the Kaaba during last year's pilgrimage to Islam's holiest sites in Saudi Arabia. This year's hajj is in doubt —...

7 Fintechs in South East Asia That’s Making Financial Inclusion Its Mission

Over 70% of adults in Southeast Asia currently lack sufficient access to financial services and millions of small and medium-sized enterprises (SMEs) in...

Binance Expands: Invests Indonesia-based Regulated Exchange

It seems that almost every week, Binance is pushing and expanding into some new field, technology, company, or country. Its most recent such venture is [...]

The post Binance Expands: Invests Indonesia-based Regulated Exchange appeared first on InsideBitcoins.com.

Frozen fare cold comfort for fishing industry battered by coronavirus

CAPE COD, Massachusetts/LONDON (Reuters) - Frozen fish sticks and canned salmon have made a comeback as the coronavirus crisis keeps people home, forcing...

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