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Home Credit Indonesia Receives US$60.5M Funding

JAKARTA (TheInsiderStories) - A technology-based multipurpose finance company, PT Home Credit Indonesia, has signed an agreement a syndicated loan facility worth US$60.5 million from foreign creditors. These...

Indonesia’s Car Sales Recovered, Rises 47% in August

JAKARTA (TheInsiderStories) - The Association of Indonesia Automotive Industries (GAIKINDO) reported the car sales in August 2020 rose 47 percent to 37,277 units from July sold...

Asian Consumer Sentiment Remains Resilient Amid the COVID-19

JAKARTA (TheInsiderStories) - Asian countries are absorbing the COVID-19 pandemic at markedly different rates, with the impact just beginning to bite in India and Indonesia even...

Indonesian Car Sales Drops 10% in 2019 amid the Low Demand

JAKARTA (TheInsiderStories) - Indonesian car sales dropped 10.8 percent during 2019 amid the weak demands and other factors. The car manufacturer association (Gaikindo) reported, last year...

Foreign Airlines will Allows to Operate in Indonesia

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo had planned to apply the open sky policy by allowing foreign airlines to operate in Indonesia. The President asserted...

IMF: Trade Tensions Slashs US, Chinese Consumer and Producer

JAKARTA (TheInsiderStories) – United States-China trade tensions that have lasted more than a year have hit negatively on consumers and many producers in both...

Indonesian Consumer Supports the Development of E-commerce

JAKARTA (TheInsiderStories) - Indonesian E-Commerce Association (idEA) reported on changes in the behavior of Indonesian consumers when conducting online transactions, as well as reading...

Mckinsey: Indonesian Digital Banking will Grow Rapidly

JAKARTA (TheInsiderStories) - Digital technology will continue to transform the banking landscape of Indonesia and it will grow considerably become increasingly crucial in building...