Business News
P2P Lending Industry Equity Grows 46% to IDR 5.07 Trillion by December 2024
The equity of the fintech P2P lending industry saw double-digit growth as of December 2024. According to data from the Financial Services Authority (OJK), the industry’s equity reached IDR 5.07 trillion, marking a 46% year-on-year (YoY) increase from IDR 3.46 trillion in December 2023. On a month-to-month (MtM) basis, equity…
BPS Records Madiun City's Economic Growth at 5.73% in 2024, Ranks Second Highest in East Java
Madiun City's economic growth ranking in 2024 improved compared to 2023. According to data from the Central Statistics Agency (BPS), Madiun ranked fifth in East Java's highest economic growth in 2023 but climbed to second place in 2024 with a growth rate of 5.73%. BPS Madiun Head, Abdul Aziz, stated…
Indonesia and Vietnam Strengthen Technological Cooperation for the Digital Economy
Indonesia and Vietnam are deepening their strategic partnership, particularly in technology for the digital economy. With a young, tech-savvy population, both countries have the potential to become ASEAN’s digital economic hubs. During the High-Level Business Dialogue in Jakarta, Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized the importance of expanding…
Makassar and BI Sulsel Collaborate to Strengthen Regional Economy
The Makassar City Government and Bank Indonesia (BI) Sulawesi Selatan are strengthening their strategic collaboration to boost the local economy. Mayor Munafri Arifuddin reaffirmed the city's commitment to supporting BI Sulsel’s initiatives, particularly in expanding digital transactions and improving financial literacy. He emphasized the importance of educating the public on…
