Bank Indonesia is stepping up efforts to increase consumers’ use of the newly established national payment gateway (GPN), according to interbank network provider PT. Artajasa Pembayaran Elektronis. Artajasa business director Anthoni Morris Morris said on Saturday that BI planned to carry out a number of programs in the second half of 2018, including the mass […]
Read MoreState-owned lender PT Bank Rakyat Indonesia (BRI) has launched a quick response (QR) code payment service called My QR. The service can be used by BRI customers and non-costumers, BRI customer director Handayani said over the weekend. Non-BRI customers can download the BRI mobile app and make a maximum deposit of Rp 2 million (US$138.5), while […]
Read MoreThe Indonesian economy expanded by 5.27 percent year-on-year (yoy) during the second quarter of 2018 thanks to strong growth in consumption, the Central Statistics Agency (BPS) announced on Monday. The latest figure was better compared to this year first quarter’s growth of 5.06 percent yoy and also 5.01 percent booked in the second quarter of […]
Read MoreThe Finance Ministry’s customs and excise directorate general recorded 16.98 percent year-on-year (yoy) growth in customs and excise tax revenue in the first half of 2018 to Rp 93.28 trillion (US$644 billion) or 48.08 percent of this year total target. “It was the highest growth in the last three years,” said the head of the […]
Read MoreVice President Jusuf Kalla has said investors were in a wait and see position ahead of the presidential and legislative elections in 2019 as they were concerned about the possible impact of the political events on the country’s economy. He explained that investors were also still waiting for the result of the presidential election, which would […]
Read MoreThe Hanoitimes – After the testing, Go-Viet is scheduled to launch officially on September 5 in Ho Chi Minh, Hanoi and other provinces/cities in Vietnam. Indonesian ride-hailing Go-Jek, through its local brand Go-Viet, extended its testing services to 12 districts of Ho Chi Minh City on August 1, local media reported. On July 18, Go-Jek implemented […]
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