South Jakarta Residents Demand Monorail Project Completion

Jakarta Residents Demand Resolution to Decades-Old Monorail Obstruction South Jakarta residents are increasingly vocal about the removal of stalled monorail construction, citing traffic congestion, aesthetic blight, and a long-held frustration with unfinished infrastructure projects. The push for dismantling the structures gains momentum as city officials consider options to revitalize key thoroughfares. A History of False … Read more

OJK Cracks Down on Pinjol ‘Tadpole’ Payment Schemes

Indonesia’s Financial Regulator Cracks Down on ‘Tadpole’ Lending Schemes Jakarta, Indonesia – The Indonesian Financial Services Authority (OJK) is tightening regulations on “tadpole” (pinjol) lending schemes, a rapidly growing form of digital credit, amid concerns over predatory practices and consumer debt. The move aims to protect vulnerable borrowers from exploitative interest rates and aggressive collection … Read more