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Financial Services Authority
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Beware of Illegal Online Lenders in the Guise of Cooperatives
Currently, 102 fintech companies are registered with the OJK. In addition, the OJK also publishes a list of illegal app-based lending companies that have been blocked.
English
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Disruptive Potential of Blockchain
Blockchain platforms generally consist of thousands or even millions of interconnected computers. Any data to be stored is validated first by those computers.
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Hope for the New OJK Commissioner
Therefore, the public has put very high hopes in the nine new commissioners of the Financial Services Authority (OJK), which is chaired by Mahendra Siregar.
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OJK Needs Strong Commitment to Respond to Public Challenges
On the other hand, OJK must be careful in mitigating the risk of the impact of high inflation and the global recession on the financial-services sector and the Indonesian economy.
English
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Managing Risks from Fed Rate Increase
In Indonesia, relaxing the monetary and banking regulations was made possible from the issuance of a regulation in lieu of law (Perppu), which was later enacted as Law No. 2/2020.
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Keeping Cautious in Economic Recovery Policies
To continue to support economic growth, relaxation in macroprudential regulations is still very much needed, as well as efficiency in the payment system, the deepening and development of the financial Market.
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Two Decades with Brittle Wings
In 2015 and 2016, Garuda made profits, though just $78 million and $9 million, respectively. However, in 2017 and 2018 Garuda suffered losses of up to $200 million
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Policy Normalization and G20 Presidency
Fiscal and monetary policies in the United States, for example, are used to support the demand side that declines due to reduced mobility by providing cash transfer assistance to households.
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Digital Banks and Future Direction
In the financial market, the increase in online economic activities is reflected in the increase in the share prices of a number of digital services companies.
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Trap of Online Moneylenders
According to data from the Indonesian Internet Service Providers Association, as of February, the number of Indonesians who have accessed the internet has reached 202.6 million people.
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Baca Berita Seputar Pemilu 2024
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