Insurance Begins to Expand on Fintech Guarantee Business


Insurance companies begin to expand their business on credit financing guarantee of financial technology (fintech) companies. One of them is PT Asuransi Asei Indonesia (Persero) who has been starting the cooperation. Development Director of PT Asuransi Asei Indonesia M Syamsudin Cholid admitted it has been receiving many requests as a guarantor of the transaction of…

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Fiscal Incentives for Fintech Industry


The chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Rosan P. Roeslani stated that the digital economy is currently growing very rapidly, among in the global, regional, and national levels. It will be real about the potential of Indonesia as the largest digital economic power in 2020. According to Rosan, it is reflected…

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Investment, Key To Reduce Unemployment Rate


Indonesian Government will continue to pay attention to the conducive investment condition in order to increase the providing of job vacancy. Indonesia needs investment because it cannot rely on the state budget in the development and providing job vacancy. "The increasing of the amount of investment along with the increased number of business starts in…

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Government Will Simplify Regulation in Transportation Business


Indonesian Government through Minister of Transportation, Budi Sumadi, will simplify the regulations in order to increase the investment of transportation business in Indonesia. "Yesterday we already simplified 200 regulations in the Ministry of Transportation to be just 44 regulations, which means we want to make it easier for the investors to invest. I ask to…

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Government Regulate Fair Competition for Online and Offline Business


Indonesian Government through Trade Minister Enggartiasto Lukita asked marketplace provider (owner of online store platform) to sell Micro Small and Medium Enterprises (UMKM) products. Enggartiasto said that currently the big marketplace in the country mostly sell imported products. It certainly makes UMKM products that are sell offline lose competitiveness. "Right now government is preparing the…

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BI Mentions 12 Companies Got QR Code Permit


Bank Indonesia (BI) says there are 12 companies that get permission related to QR Code as payment system. However, it has not been standardized by the government. Head of Policy Department of Payment System of BI, Onny Wijanarko, said QR Code that applied now is still have their own standardization. The companies that already get…

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