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A rise in new Covid-19 positive cases has hospitals overwhelmed. The government was considered as late in banning flights from red zone countries, causing the new delta variant to spread easily.
The Covid-19 pandemic has changed Indonesia’s demographics affecting the trends in the capital market. Indonesia Stock Exchange’s Commissioner Pandu Patria Sjahrir says enthusiasm of millennial and Gen Z investors has risen phenomenally during the pandemic. Since 2016, the number of young investors has grown to over 1.8 million with those aged 28 and below making up the highest increase. The rapid development of the digital technologies has opened the floodgates for tech companies and start-ups. One of the sectors most sought after by foreign investors is financial technology (fintech). Pandu, a businessman and an investor, who is also the chairman of Indonesian Fintech Association, says that in future fintech companies will not just focus on consumer lending but increase productive loans to support micro, small and medium enterprises through peer-to-peer lending.
BADUNG Regency Police and Public Order officers stop motorists that violate health protocols during a Micro-scale Public Activity Restrictions (PPKM) operation in Canggu village, Badung, Bali, Friday, June 25. The joint task force team took action against 18 foreigners from various countries in order to give a deterrent effect as well as to enforce health protocols among the public. ANTARA/Nyoman Hendra Wibowo
SWEDISH Ambassador to Indonesia, Marina Berg, arrived in Indonesia five years ago with a clear mission: to deepen and broaden bilateral cooperation between Sweden and Indonesia, particularly in the critical areas of sustainable development and the implementation of the Paris Agreement. Despite the challenges posed by the Covid-19 pandemic, her commitment remained unwavering. The Sweden-Indonesia Sustainability Partnership, focusing on the sectors of energy, transport, digital technology, and health, has been actively progressing.
As her term came to an end in August, Marina Berg took the opportunity to share her valuable five years of work in Indonesia during a TEMPO TALKS session.
Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.