Jakarta — May 12, 2025 — Driven by market trends, gold prices surged in early 2025. The price of gold reached Rp 1,905,000 per gram as of May 12, 2025, according to reports. Wiht the Financial Services Authority (OJK) urging public caution, careful investment strategies are advised. Consult industry experts for informed decisions regarding gold … Read more
JAKARTA — October 21, 2024 — Indonesia’s online lending sector is experiencing important growth. The Financial Services Authority (OJK) is responsible for regulating fintech peer-to-peer (P2P) lending. This article explores the vital role of the OJK, the current state of licensed platforms, and consumer safety in the burgeoning online lending market. To learn more, keep … Read more
Jakarta Composite Index Plunges Amid Global Uncertainty and MSCI Rating Downgrade Table of Contents Jakarta Composite Index Plunges Amid Global Uncertainty and MSCI Rating Downgrade Global Uncertainty and Rupiah weakness MSCI Rating Downgrade Exacerbates Market Woes anagata Nusantara Investment Management Agency: A Potential Silver Lining? Conclusion Jakarta’s Market meltdown: Unpacking the Plunge of the JCI … Read more
Indonesia’s OJK Faces Budgetary Pressure as HR Spending Exceeds Ideal Levels Table of Contents Indonesia’s OJK Faces Budgetary Pressure as HR Spending Exceeds Ideal Levels Is Indonesia’s OJK Budget Crisis a Sign of Broader Financial Sector Woes? An Exclusive Interview Indonesia’s OJK Budget Crisis: A Deep Dive into Financial Sector Stability jakarta – The Financial … Read more
Navigating the Financial Storm: Insights into the Jiwasraya Insurance Crisis and Policyholder Frustrations Table of Contents Navigating the Financial Storm: Insights into the Jiwasraya Insurance Crisis and Policyholder Frustrations Expert Insights: Unraveling the Jiwasraya Insurance Crisis and the Path to Policyholder Justice Opening Inquiry: A Financial Crisis of Trust Deep dive into Legal and Financial … Read more
Indonesia Moves Forward with Mandatory Third Party liability Insurance for Motor Vehicles The Indonesian government, through the Financial Services Authority (OJK), is advancing plans to implement Mandatory Third Party Liability (TPL) insurance for all motorized vehicles. This initiative,mandated by Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (P2SK Law),aims … Read more
Indonesia’s Fintech Industry Rebrands: From Pinjol to Pindar In a critically important shift for Indonesia’s financial technology sector, teh term pinjol (online loan) has officially been replaced by pindar (online loans) as the official designation for fintech peer-to-peer (P2P) lending companies. This rebranding, introduced by the Financial Services Authority (OJK) in December 2024, aims … Read more
KoinP2P Scandal: IDR 360 Billion Fraud Shakes Indonesia’s Peer-to-Peer Lending Sector Jakarta – The Indonesian financial sector is reeling from a massive fraud case involving PT Lunaria Annua Teknologi (KoinP2P), a subsidiary of KoinWorks. The company has failed to repay user fees amounting to IDR 360 billion, funds allegedly embezzled by a borrower. This scandal … Read more
CNN Indonesia Tuesday, 05 Mar 2024 14:51 IWST APPI revealed that 80 percent of electric car purchase transactions are carried out in cash, so credit distribution is still minimal. (Photo: CNN Indonesia/ Adi Ibrahim) Jakarta, CNN Indonesia — Chairman of the Association of Indonesian Financing Companies (HELP) Suwandi Wiratno revealed that around 80 percent of … Read more
Jakarta – The Financial Services Authority (OJK) is monitoring the operations of PT Investree Radhika Jaya (Investree) as the organizer of Technology-Based Joint Funding Services (LPBBTI) or fintech peer to peer lending. Head of the Department of Literacy, Financial Inclusion and Communication, Aman Santosa, responding to the news and public attention, OJK is currently carrying … Read more