Indonesia's microfinance landscape is set for a significant transformation. Minister of Cooperatives and SMEs, Maman Abdurrahman, confirmed on Wednesday, August 12, that the interest rate for PT Permodalan Nasional Madani’s (PNM) flagship Mekaar program will…
US Federal Government Shutdown Ends as President Signs…
Washington D.C. breathes a collective sigh of relief as the protracted US federal government shutdown, a fiscal stalemate that had gripped the nation since October 1, officially concluded. President Donald Trump, acting decisively, signed a…
XL Axiata’s Q3 2025 Financial Dip: Merger Costs…
PT XL Axiata Tbk (EXCL) reported (financials here) a net loss of approximately IDR 1.4 trillion in Q3 2025, a significant reversal from the net profit of IDR 292 billion in Q3 2024 and deepening…
