Indonesia Dealbook: DANAdidik P2B lending platform for students; Pos Indonesia, GD Express pact

DANAdidik launched Indonesia’s first peer-to-peer lending for micro student loan while state owned postal operator PT Pos Indonesia inked a partnership with GD Express Carrier Berhad from Malaysia to strengthen its network in Asean.

DANAdidik launches micro student loan platform

DANAdidik has launched Indonesia’s first peer-to-peer lending for micro student loan that seeks to connect students seeking education loans to sponsors and lenders.

“DANAdidik’s mission is education equality in Indonesia. Education is one of the most productive investment a person can make,” said Dipo Ramli, CEO, Danadidik in a statement.

Indonesian financial institutions and banks typically offer credit card and/or unsecured loan to fund education. Often, these credits do not work well for borrowers as loan repayments usually start the following month.

Designed to fund education, the DANAdidik student loan has features like long tenor and repayment only post graduation.

PoS Indonesia, Malaysia’s GD Express pact

State-owned PoS Indonesia has tied up with Malaysia’s GD Express Carrier to strengthen its network in southeast Asia.

Pos Indonesia President Director Gilarsi Wahju Setijono said, the partnership is expected to boost profitability with lower delivery price to destination country.

“Malaysia has a population of 24 million people while Indonesia has 250 million. It’s a huge potential,” he said, after signing the cooperation agreement. The synergy is established to give the best value for postal service users through improvement in delivery time to destination country, from five days to a maximum of two days.

CEO of GD Express Teong Teck Lean added, that the cooperation is an avenue for his company to work on broader delivery express market in Indonesia, especially with the growth of e-commerce sector.

Pos Indonesia has around 16,000 officers throughout Indonesia. GD Express is Malaysia’s second largest courier company behind Pos Malaysia. GD Express operates 193 offices throughout Malaysia and has been listed on Malaysian stock market since 2005.

Also Read :

Fashion e-tailer Zalora Indonesia inks logistics pact with state-owned post office firm

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.