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Indonesian growth unexpectedly jumps 5.12%, defying weak lending

Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s beset by weak loan growth and mass job losses in manufacturing.  Gross domestic product in the three months through June rose 5.12% from a year ago, the nation’s statistics office announced on Tuesday. That beat … Read more

Indonesian startup founder bootstrapped a company out of her garage

Dayu Dara Permata, 36, is the co-founder and CEO of Indonesian property transaction platform Pinhome. Courtesy of Pinhome It’s no secret that building a successful startup often involves risk, iteration and failure. Dayu Dara Permata knows this well. The 36-year-old is the co-founder and CEO of Indonesian property transaction platform Pinhome. Over the course of … Read more

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