Pile of NPLs in Fintech Lending Firms

OJK is monitoring nonperforming loans in several Peer-to-Peer (P2P) lending firms. Currently, 18 of 102 P2P lenders have nonperforming loans (NPLs) above 5%.

Pandemic Fund, Great Crisis Prevention Funds

Indonesia initiated the establishment of a pandemic funding agency or Pandemic Fund. This institution was launched on the sidelines of the G20 Summit in Bali on Sunday, 13 November 2022.

MRT Jakarta Phase 2 Construction Cost Rises

The construction of the MRT Jakarta phase 2 experienced an increase in costs due to changes in development plans and an increase in the price of project construction materials.

YouTube Content Becomes Debt Collateral in Banks

YouTubers can pledge their content to apply for debt to financial institutions. This collateral is regulated in Government Regulation (PP) No. 24/2022 on Creative Economy.

The End of Low BI Rate Era?

Bank Indonesia (BI) is expected to raise the benchmark interest rate (BI 7-Day Reverse Repo), which has lasted for 17 months since February 2021.

Weighing the Prospects of GoTo Shares

GoTo, a joint company of Gojek and Tokopedia, will be listed on the Indonesia Stock Exchange on April 4, 2022. However, this Indonesia's largest decacorn still bears the loss.

Top 10 Most Funded Startups 2021

Last year’s total funding for startups in Indonesia reached US$4.1 billion or around Rp48.2 trillion (exchange rate of Rp14,200) as of November.