ARTICLE
OJK Will Immediately Announce Fintech’s Legal Protection
The Financial Services Authority (OJK) will immediatelly launch a new regulation called the Digital Financial Innovation (IKD). The regulation will be officially released on August 2018. This regulation is a legal protection that will arrange Indonesian company which have core business in financial technology (fintech) industry. Head of Digital Finance Innovation and Micro…
Read MoreJamkrindo Targets To Cooperate With Fintech Companies
Indonesian Credit Guarantee State Owned Companies (Jamkrindo) will increase the cooperation with financial technology (fintech) company.It is to expand its business Jamkrindo business. “For this year, maximum we are targeting to work with two to three fintech, but the possibility is only two (companies) so that in the end of the year we already work…
Read MoreKemkominfo Facilitated The Meeting of “Startup” and Foreign Investors
The Ministry of Communication and Information Technology (Kemkominfo) recently facilitated 70 country’s local companies (startup) to meet with the local Indonesian company and foreign investors in Nusa Dua, Bali to share knowledge in business development to be more developed and growth. “With the meeting of Next Indonesia Unicorn (Nexticorn) International Summit will attract…
Read MoreBI Completes The Regulations of Monetary Operation
In order to strengthen the effectiveness of monetary policy transmission, Bank Indonesia (BI) issues provisions for the completion of monetary operation through PBI No. 20/5/PBI/2018. Director Management of Monetary Department of BI, Rahmatullah, said that there are three substances of the completion of monetary operation provisions. The first is the merger of monetary operation provisions…
Read MoreWill China’s Fintech Move To Indonesia After Failed In Their Country?
It is bad news for the industry of China’s financial technology (fintech) which about 80 fintech companies based on peer to peer lending (P2P) schemes there got default payment during June 2018. And even worse news that it increased to 137 by mid of July 2018. The fintech P2P lending industry in China has attracted…
Read MoreCharity Through Financial Instruments
PT Henan Putihrai Sekuritas cooperating with Badan Amil Zakat Nasional (Baznas) to open zakat stock outlets in order to facilitate the community to share with others. “We make the investor of the capital market easier, as long as they have securities account in Indonesia Stock Exchange,” said Director of Henan Putihrai, Mohamad Yunus. The…
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