Jakarta Padel Courts: 185 Lack Building Permits 🎾

Jakarta’s Padel Boom Faces Reality Check: Will Regulation Stifle a Rapidly Growing Sport? Over 185 padel courts in Jakarta operate without the necessary building permits (PBG), a startling revelation that’s sending ripples through the city’s burgeoning padel scene. This isn’t simply a bureaucratic oversight; it’s a symptom of a larger issue – the tension between … Read more

OJK Revokes Finance Firm PT Varia Intra Finance’s License

Indonesia’s Finance Sector Under Scrutiny: The Varia Intra Finance Case and the Looming Shadow of Fintech Regulation Indonesia’s financial regulatory landscape is undergoing a period of intense scrutiny following the revocation of PT Varia Intra Finance’s (VIF) financing license by the OJK (Financial Services Authority). While the immediate cause centers around VIF’s financial health and … Read more