Easy to Read and TrustworthySubscribe
Get 45% discount on every TEMPO subscription package purchase.
Indonesia’s Condition is Similar to China’s A Decade Ago
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.
Faye Simanjuntak sets up Rumah Faye focusing on rescuing Indonesian children from human trafficking, violence, and exploitation. She uses her privileged background for good deeds.
Beneficial Side Effects of Worm Drug
The government’s plan to use ivermectin as Covid-19 medication sparks controversy. The health ministry will conduct clinical testing on the medicine which is officially used to treat intestinal worms.
Mask and Sanitizer, Please...
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
Fly to Heaven
THE Tengger community celebrates Yadnya Kasada at Mount Bromo Probolinggo, East Java, June 26. Yadnya Kasada is a thanksgiving ceremony as well as a tribute to the ancestors, a ritual commemorated by throwing offerings in the form of crops and livestock into the crater of Mount Bromo. TEMPO/Aris Novia Hidaya