Fintech lending boom in Indonesia

P2P platforms help meet US$73bil credit shortfall JAKARTA: Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a...

Indonesia economy hits trillion-dollar milestone

JAKARTA: Indonesia’s economy, the largest in South-East Asia, hit a milestone last year by reaching US$1 trillion, yet the mood wasn’t celebratory as the government continued to miss its revenue targets. Gross domestic product (GDP) was an estimated US$1.004 trillion...