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Gojek launch new driver jacket, symbolize of mutual cooperation

GoTo-backed digital lender Bank Jago s profit jumps 24% in 9M 2023

GoTo-backed digital lender PT Bank Jago Tbk booked a 24% jump in net profit in the nine months (Jan-Sep) of 2023 as net interest income also grew 23%.

Vantage Point: GoTo has big plans for GoPay while several tech boom businesses fold up in Indonesia

This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia.

Indonesia s digital banks lack profitability amid industry-beating growth, say analysts

ANN/THE JAKARTA POST – Indonesian banks booked eight per cent year-on-year growth in loan disbursement in June, according to data from the Financial Services Authority (OJK). Most of that growth came from banks in the categories KBMI2, KBMI3 and KBMI4, with more than INR6 trillion in core capital, while smaller lenders in the KBMI1 capital […]

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