Posts Tagged ‘Company’

Media Company Starts Developing Fintech Business Line

Media Company Starts Developing Fintech Business Line

As one of the largest media companies in Indonesia, PT Tempo Inti Media Tbk recently has collected a comprehensive profit of Rp 3,063 billion in 2017. As an anticipation of the condition of media business (especially printed media) that have not been ascertained due to the booming of online media, the company needs to make…

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OJK Will Immediately Announce Fintech’s Legal Protection

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…

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Jamkrindo Targets To Cooperate With Fintech Companies

Jamkrindo-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…

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Kemkominfo Facilitated The Meeting of “Startup” and Foreign Investors

Kemkominfo 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…

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BI Completes The Regulations of Monetary Operation

BI-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…

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The Increase of Foreign Lenders in Indonesian Fintech

The Increase of Foreign Lenders in Indonesian Fintech

Financial technology (Fintech) companies based on peer to peer lending optimistic that interest of lenders or foreign lenders to invest in Indonesian company will continuesly increase. PT Investree Radhika Jaya (Investree), estimates that foreign lenders can raise double in 2018. Co-Founder and CEO of Investree Adrian Gunadi said that Investree currently has lenders aabout 30,000…

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