Jenius, a digital bank owned by SMBC Indonesia, on Thursday (10/7) partnered with Wise Platform, a global payment infrastructure provider to make it easier to send money to more than 50 countries.
Indonesia is back in negotiations with the United States to lower its 32% tariff. But did this strategy work?
The Indonesian government, together with entrepreneurs on Tuesday, July 8, 2025, agreed to continue pursuing diplomacy by negotiating with United States President Donald Trump in an effort to lower the tariff.
Indonesia signed a USD1.25 billion wheat purchase memorandum of understanding (MoU) with the United States in an effort to reach a negotiated agreement to avoid a potential high tariff burden.
The technology is called QRIS (Quick Response Code Indonesian Standard) which is now used as a digital payment tool in Indonesia. Not only by hipster cafes or modern stores, but also by food stalls, street vendors, home laundry, and fried food vendors.
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