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Indonesia: Payment platforms should help SMEs go digital: McKinsey

Cashless payment platforms can offer additional facilities to help small and medium enterprises (SMEs) to go digital, amid the rising use of cashless payments during the COVID-19 outbreak, management consulting firm McKinsey has stated. “In helping SMEs to digitalize, payment services can offer value-added services such as loyalty programs, digital marketing and payroll processing,” Reet […]

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Indonesia: Public investment key to COVID-19 recovery: IMF

Public investment should play a “central role” in boosting the economies of emerging and advanced economies as they struggle to recover from the coronavirus downturn, the International Monetary Fund (IMF) said Monday. With interest rates at rock bottom around the world, the Washington-based crisis lender said now is the time for governments to take action […]

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Indonesia: Govt develops web-based app to assess businesses’ risks related to human rights

The Law and Human Rights Ministry is developing a web-based application called PRISMA to assess companies’ operational risks related to human rights abuses, from land affairs to deforestation and forced eviction to labor rights. PRISMA will be a voluntary self-assessment that covers 11 indicators, namely a company’s profile, human rights policy, grievance mechanism, supply chains, […]

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