Indonesia’s BRI bank wins regional award for raising $1 bil.
SINGAPORE, IDFinancials – Indonesia’s state-owned bank PT Bank Rakyat Indonesia Tbk (BRI) has clinched a regional award for successfully raising ...
State of Open Banking 2021: Indonesia
JAKARTA – IDFinancials. In this current era of digitalization and personalization, the concept of Open Banking has been rapidly disclosed among experts, and perhaps consumers. The term itself refers to a business model where data can ...Japan’s Murata to begin road traffic data service in Indonesia
JAKARTA, IDFinancials – Japanese electronic parts maker Murata Manufacturing Co. will start providing traffic data in Indonesia next month under a partnership deal with a local partner to address chronic traffic jams and promote outdoor advertisements. ...Validus’ Indonesian Arm Batumbu Granted Digital Lending License From OJK
JAKARTA – IDFinancials. Validus’ Indonesian subsidary Batumbu has received regulatory approval to operate as a licensed digital financing platform from the Indonesian Financial Services Authority (OJK). Since the launch of its operations in 2019, Batumbu said ...Indonesian retail continues growth, expects to hit $37 billion, says Technavio
By Anita Fildzah and Celine Chen JAKARTA, IDFinancials – Consumer confidence in Indonesia continued to grow in February as economic conditions improved, according to a survey by Bank Indonesia. Reflecting better retail performance, the consumer confidence ...
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