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How is the fintech scene in Indonesia?

Indonesian fintech market is promising and scaling rapidly with the support of Indonesian government, but still it isn't showing growth like forecasts predict as there are a few weaknesses and threats tagged along. Indonesia’s fintech market looks like an open bottle of honey to me. The fintech market has grown by 16.3% with total investment in fintech companies reaching $176.75 million in 2019. The numbers are definitely lucrative and allure investors to put money and so is the case. More than 200 fintech firms have been established in Indonesia and continue to grow day by day. This SWOT Analysis will give a deeper picture of the Indonesian market.Strength:Young – Accepting change: Indonesia’s demographic segments have unique economic potential that comes with certain risks as it is the world’s fourth most populous country, and with more than 60 percent of its people representing working age who would be more accepting to the innovationTechnology-enabled population: With a population of 261.12 million, the majority below the age of 35, technology is a key enabler for Indonesians. Over 143.2 million people have access to the internet, and mobile subscriptions are as high as 415.7 million.Innovation: The newcomers have also displayed a high degree of innovation in targeting the real financial needs of ordinary Indonesians. Start-ups like KoinWorks in Indonesia targets to solve market inefficiency through peer-to-peer (P2P) loan products like online SME, employee loan, supply chain financing and business loans at low interest rates. It also provides education loans to students.Weakness:Read my blog to know more: Analysis of the Fintech Market of Indonesia

How can I find serious buyers of honey in Europe?

HiHoney is a rich source of various nutrients including natural sugar, vitamins, minerals, and calcium. Moreover, apart from its direct human consumption, over the past few years, it has been used as a key ingredient in various applications including energy drinks and bars, cookies breakfast cereals analysis/breakfast-cereals-market), bakery products , confectionary, and alcoholic drinks like mead.It acts as an alternative to the sugar and other chemical artificial sweeteners. These factors encourage consumers to consume honey in their daily breakfast and meals in order to gain a sustainable lifestyle and healthy diet in order to prevent chronic health issues.Europe is the largest consumer, accounting for more than 30.0% share of the global volume in 2019. Major manufacturers are adopting various marketing strategies including new product launches, product innovation, retail chain expansion, and mergers and acquisitions in order to gain a competitive edge in the market.Here are some of the serious bulk buyers from Europe.Asia Pacific is expected to be the fastest growing market, expanding at a revenue-based CAGR of 8.5% from 2019 to 2025. The strong foothold of apiculture, coupled with high concentration of middle income age-groups in countries including China and India, is projected to promote investments by the prospecting companies in the near future.Hope this helps!

How do I find the difference between true honey and chemically grown honey?

The honest answer to this questions is that YOU cannot tell the difference.Many people will simply recycle counter-top “tests” that claim to reveal fake vs real honey, and they are primitive and completely ignore the ability of large companies which are determined to replicate the consistency, taste, scent, and fluidity/viscosity of “real honey”.Faking honey is a science that pays off, and why fakers are investing so much in the chemistry of marketing almost indistinguishable sugar syrups that often have even been seeded with real plant pollen.The consumer is easily duped and when informational sites pop-up demonstrating “table top tests” that are capable discerning fake from real honey actually play right into the hand of the fake honey marketers'.False confidence, based on claims that you can do a taste, viscosity, burn, smell, water solubility, or drip test all completely underestimate the chemists that make fake honey and insult the intelligent consumers.Don’t fall for any over-simplified claim that you can test honey at home and tell the difference, the industry is way ahead of you.Want to be sure of your honey being real? Get it from a verifiable source that is connected to real beekeepers, real floral-sourced honey will be labeled and completely traceable to actual honey bee operations. I’ve personally looked into on-the-shelf honey at major chains and found the companies to actually being just bottling centers with no connection to honey bee owners.HUGE ISSUE - With an estimated more than 91 Million Tons of illegal honey entering the U.S. each year, the only way you can tell the difference between fake and real is through pollen identification, I put zero confidence in any consumer testing, unless the funny honey is made by kids.Further reading:“You’ll Never KnowIn many cases, consumers would have an easier time deciphering state secrets than pinning down where the honey they’re buying in groceries actually came from.The majority of the honey that Bryant’s analysis found to have no pollen was packaged as store brands by outside companies but carried a label unique to the food chain. For example, Giant Eagle has a ValuTime label on some of its honey. In Target it’s called Market Pantry, Naturally Preferred and others. Walmart uses Great Value and Safeway just says Safeway. Wegmans also uses its own name.Who actually bottled these store brands is often a mystery.A noteworthy exception is Golden Heritage of Hillsboro, Kan. The company either puts its name or decipherable initials on the back of store brands it fills.“We’re never bashful about discussing the products we put out” said Wenger, the company’s quality director. “We want people to know who to contact if they have questions.”The big grocery chains were no help in identifying the sources of the honey they package in their store brands.For example, when Food Safety News was hunting the source of nine samples that came back as ultra-filtered from QFC, Fred Myer and King Sooper, the various customer service numbers all led to representatives of Kroger, which owns them all. The replies were identical: “We can’t release that information. It is proprietary.”One of the customer service representatives said the contact address on two of the honeys being questioned was in Sioux City, Iowa, which is where Sioux Bee’s corporate office is located.Jessica Carlson, a public relations person for Target, waved the proprietary banner and also refused to say whether it was Target management or the honey suppliers that wanted the source of the honey kept from the public.Similar non-answers came from representatives of Safeway, Walmart and Giant Eagle.The drugstores weren’t any more open with the sources of their house brands of honey. A Rite Aid representative said “if it’s not marked made in China, than it’s made in the United States.” She didn’t know who made it but said “I’ll ask someone.”Rite Aid, Walgreen and CVS have yet to supply the information.Only two smaller Pacific Northwest grocery chains – Haggen and Metropolitan Market – both selling honey without pollen, weren’t bashful about the source of their honey. Haggen said right off that its brand comes from Golden Heritage. Metropolitan Market said its honey – Western Family – is packed by Bee Maid Honey, a co-op of beekeepers from the Canadian provinces of Manitoba, Saskatchewan, Alberta and British Columbia”SOURCE: Tests Show Most Store Honey Isn't Honey

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