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Pendampingan Penyusunan Laporan Intelijen Bisnis Produk Elektronik Kantor ITPC Budapest Budi Setiawan
Jurnal Abdimasa Pengabdian Masyarakat Vol 4 No 2 (2021): Jurnal ABDIMASA Pengabdian Masyarakat
Publisher : Universitas Pendidikan Muhammadiyah Sorong

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Abstract

Kegiatan ekspor dan impor berperan penting bagi perekonomian Indonesia. Oleh kerena itu, pemerintah perlu menentukan strategi guna memperkuat ekspor Indonesia ke negara lain, termasuk Hongaria. Laporan intelijen bisnis dilakukan untuk melihat peluang ekspor produk-produk Indonesia ke Eropa, khususnya melalui kantor International Trade Promotion Center (ITPC) Budapest. Laporan ini disusun untuk memberikan gambaran tentang potensi pengembangan pasar produk Indoesia ke Hongaria. Analisis dilakukan dengan pendekatan kualitatif dan kuantitatif. Secara khusus, laporan ini menyajikan hasil pengamatan terhadap produk-produk elektornik dengan kode HS-85. Produk HS-85 yang dianalisis memiliki kontribusi besar terhadap total ekspor Indonesia ke Hongaria. Selain itu, tren positif dari produk-produk HS-85 menggambarkan stabilitas permintaan produk Indonesia di Hongaria, juga menjadi poin penting dalam analisa bisnis.
FORECASTING FINTECH STOCK INDEX DURING COVID-19 OUTBREAK Budi Setiawan; Muhammad Yunus
Eqien - Jurnal Ekonomi dan Bisnis Vol 9 No 1 (2022): EQIEN - JURNAL EKONOMI DAN BISNIS
Publisher : Sekolah Tinggi Ilmu Ekonomi Dr Kh Ez Mutaqien

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (362.917 KB) | DOI: 10.34308/eqien.v9i1.324

Abstract

The health crisis caused by the coronavirus (Covid-19) is becoming increasingly severe. Policies such as curfew and lockdowns have impacted decreasing the spread of the virus but pose challenges for the global economy and financial markets. This study investigates the effect of Covid-19 pandemic on the Fintech stock index during the health pandemic. This paper uses the new Covid-19 index dataset, consisting of medical index, travel index, uncertainty index, Covid index, vaccine index, and aggregate Covid index. The KBW NASDAQ financial technology index (KFTX) is adopted as a proxy of the Fintech stock index. Several methods, namely MLRA, PCRA, and Lasso, are applied in predicting factors affecting the Fintech stock index. The findings reveal that PCRA is more efficient and simple in predicting Fintech stock index than MLRA and Lasso. This study also finds that vaccine index positively impacts, while the other five variables, such as aggregate Covid index, medical index, travel index, uncertainty index, and Covid index have a negative correlation to Fintech stock index. Despite the fact that Covid-19 is still evolving, the findings provide the determinants of the Fintech stock index that will be useful for investors to diversify their portfolio of financial assets during a crisis.
Pengaruh Payment Gateway terhadap Kinerja Keuangan UMKM Deka Anggun Lestari; Endah Dewi Purnamasari; Budi Setiawan
Jurnal Bisnis, Manajemen, dan Ekonomi Vol. 1 No. 1 (2020): Jurnal Bisnis, Manajemen, dan Ekonomi
Publisher : Training & Research Institute - Jeramba Ilmu Sukses

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47747/jbme.v1i1.20

Abstract

Financial Technology (Fintech) is a combination of technology and financial services. There are several types of fintech, including Peer to Peer Lending, Risk and Investment Management, Market Aggregator, Payment, Clearing and Settlement, which changes an old innovation with digital technology. One widely used fintech is Payment Gateways such as OVO and Go-Pay, which encourage cashless society. One indicator that is implemented to measure Payment Gateway's financial performance is sales revenue. This study aims to examine the effect of Payment Gateway on the Financial Performance of Small Medium Enterprises (SMEs) in Palembang Indah Mall. Data were collected through questionnaires involving 53 respondents by using normality test, validity test, reliability test, coefficient of determination, and t-test. The result of the t-test and the coefficient of the determination indicates that the Payment Gateway variable significantly influences the financial performance of SMEs measured by sales revenue.
Does US-China Trade War Matter on ASEAN Stock Market: Event-study Approach Budi Setiawan
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 4 No. 3, September 2020
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/sijdeb.v4i3.161-74

Abstract

The trade war between the US and China by imposing tariffs has the potential to affect global financial stability. As the largest economy in the world, the US and China had been trading goods and services globally. Then, when these countries have retaliated, the tariff war will affect the global supply chain, international trade, economy, and the stock market. This research examined the effect of the US-China trade war on ASEAN stock prices using an event-study approach. The result shows that the ASEAN stock market has positive abnormal returns during pre-event period (12%). In contrast, ASEAN stock markets shifted to negative abnormal return (-7.4%) in the short-term window, indicating that the stock market is efficient. Stock price reflects the information from the market quickly. However, the impact of the trade war on the ASEAN stock market is insignificant.
LASSO Technique Application in Stock Market Modelling: An Empirical Evidence in Indonesia Budi Setiawan
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 2 No. 1, March 2018
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1444.063 KB) | DOI: 10.29259/sijdeb.v2i1.%p

Abstract

The stock market has captured the attention of many investor communities and scholars. It has become one of the most crucial aspects of a modern market economy. This study aims to determine the LASSO technique applications on the stock market in Indonesia. Furthermore, this research also compare linear regression techniques using the least squares method and using the LASSO approach to find out which model is the most appropriate and simple in making the estimation. The data is composed of daily closing stock price over the period from January 1,2000 to December 31, 2014. The results suggest that the best model in Indonesia Stock Market data of 2000-2014 is using LASSO techniques due to more simpler and the result of estimation relatively similar with least square regression model.
Macroeconomic Indicators and Stock Market Development on Economic Growth: Empirical Evidence from ASEAN Countries Budi Setiawan; Endah Purnamasari; Muhammad Bahrul Ulum
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 3 No. 4, December 2019
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.569 KB) | DOI: 10.29259/sijdeb.v3i4.271-282

Abstract

ASEAN region takes benefit from a great financial integration; however, this region has been subjected to external economic shock. This study focused on analyzing the impact of macroeconomic indicators and stock market development on economic growth in ASEAN countries (Indonesia, Malaysia, Singapore, Thailand, The Philippines, and Vietnam) for the period from 2008 to 2018. The panel data was employed to determine how market capitalization, turnover ratio, real interest rate, and inflation have impact on economic growth in ASEAN. This study revealed that all stock market development variables have positive impact on economic growth, but the correlation between real interest rate and inflation was negative. As a result, this study recommends that ASEAN authorities should focus on stock market development as well as control macroeconomic variables prudently to boost economic growth.
Descriptive Analysis of Financial Literacy: Evidence from Public and Private University Students Budi Setiawan
SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS SIJDEB, Vol. 4 No. 1, March 2020
Publisher : Faculty of Economics, Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/sijdeb.v4i1.73-86

Abstract

Financial knowledge plays a pivotal role to survive in modern society. The study measures the financial literacy level of public and private university students in Palembang, Indonesia by distributing an online questionnaire to 608 respondents. The questions of financial literacy refer to the Standard & Poor’s Rating Services, which covered three subjects, namely numeracy and compound interest, inflation, and risk diversification. For this purpose, the level of financial literacy was conducted using descriptive statistics (Eviews). The result shows that there is 12% of the respondents from public universities answered all questions correctly, which is relatively high compared to private university students are at 10%. In addition, more than half of respondents are able to answer the question about numeracy and compound interest correctly, and inflation is 39%. On the other hand, the score is only 27% for the correct answer related to risk diversification. Financial illiteracy consequences are poor financial decisions that can impact their future finance.
EDUKASI LITERASI KEUANGAN BAGI MAHASISWA DI KOTA PALEMBANG Budi Setiawan
INTEGRITAS : Jurnal Pengabdian Vol 4 No 1 (2020): JULI
Publisher : Relawan Jurnal Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36841/integritas.v4i1.563

Abstract

Literasi keuangan memiliki kontribusi penting tidak hanya bagi pelaku bisnis tapi juga untuk semua kalangan masyarakat. Masyarakat dengan tingkat literasi keuangan yang tinggi akan menerka dampak minimal saat terjadi krisis keuangan. Selain itu, tingkat literasi keuangan yang tinggi memberikan informasi penting agar dapat menjangkau berbagai sumber pendanaan dan juga informasi seputar instrumen keuangan di Indonesia. Instrumen investasi di sektor keuangan ini menjadi penting karena dapat memberikan manfaat bagi banyak pihak, baik pemerintah maupun masyarakat. Investasi yang meningkat mampu mendorong ekspansi usaha dan menciptakan lapangan kerja, serta pendorong pertumbuhan ekonomi. Bagi masyarakat, pemahaman tentang investasi memberikan ruang alternatif agar uang mereka bisa bertumbuh setiap waktu. Mahasiswa merupakan generasi muda yang akan menjadi aset masa depan bangsa dan perlu memiliki pengetahuan seputar literasi keuangan agar mereka bisa mengambil keputusan keuangan dengan tepat.
What Drives Individual to Adopt Fintech: Extended TAM Model with Gender as Moderating Variable Budi Setiawan; Nugraha Deni Pandu; Amanj Mohamed Ahmed; Emilda Emilda; Robert Jeyakumar Nathan
Jurnal Minds: Manajemen Ide dan Inspirasi Vol 10 No 1 (2023): June
Publisher : Management Department, Universitas Islam Negeri Alauddin Makassar, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24252/minds.v10i1.35081

Abstract

Access to financial services is pivotal in improving welfare, reducing poverty, and accelerating financial inclusion in the emerging nation. This study analyzes the factors that drive consumer adoption of fintech by extending the TAM model with financial literacy and government support, as well as gender as moderating variable. Data was collected from 397 respondents in Indonesia and analyzed using SmartPLS 3.0. The result shows that perceived usefulness, ease of use, financial literacy, and government support significantly affect the adoption of fintech. The moderation analysis reveals that men perceive usefulness as more important for fintech adoption and ease of use for women.
Role of Financial Literacy and Saving Habits on Fintech Adoption post Covid-19 Deni Pandu Nugraha; Budi Setiawan; Emilda Emilda; Muhammad Masyhuri; Mac Nhu Quynh; Robert Jeyakumar Nathan; Maria Fekete‐Farkas; István Hágen
ETIKONOMI Vol 23, No 1 (2024)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v23i1.37856

Abstract

Research Originality: This research paper enriches existing literature on drivers of fintech adoption, including the impact of perceived trust, individual innovativeness, savings habits, and government support on Indonesian users' post-COVID-19 pandemic fintech adoption intentions.Research Objectives: This study examines the impact of post-covid changes in people's behaviour, savings habits and accelerated financial literacy on strengthening Technology Adoption Model (TAM) among Indonesian fintech users. Research Methods: The researchers surveyed 536 people living in Indonesia. The data was analysed using structural equation modelling with moderator variables. Empirical Results: It found that ease of use, usefulness, trust and personal innovativeness are key drivers of adoption intentions. The research also found that savings habits significantly increase the influence of government support on fintech adoption. Implications: This research has two important implications. First, digital finance companies should further improve fintech app service quality and security. Second, the government should also encourage the expansion of a fintech-based startup ecosystem by providing regulatory support to accelerate the progress of Indonesia's digital finance industry.JEL Classification: M21, G23, O36How to Cite:Nugraha, D. P., Setiawan, B., Emilda, E., Masyhuri, M., Quynh, M. N., Nathan, R. J., Fekete-Farkas, M., & Hagen, I. (2024). Role of Financial Literacy and Saving Habits on Fintech Adoption post Covid-19. Etikonomi, 23(1), 63 – 80. https://doi.org/10.15408/etk.v23i1.37856.