It has often been said that despite periodic diplomatic upheavals, Australia has been fortunate to have a sprawling multi-ethnic Asian…
Digital Economy
Social media giant Facebook has appointed Peter Lydian Sutiono as country director for Indonesia, replacing Sri Widowati, who stepped down in March.
“Our mission is to provide hardworking people in this region with easy access to credit via a convenient platform. A market’s credit system reaches an inflection point once the GDP per capita reaches US$4,000.”
If Indonesia can tap into the growing potential of digitalisation and tackle mounting issues, it may reap the perks of digital transformation without having to worry about the risks, including those around an unskilled workforce and personal data security.
Launched in 2017, Eden Farm focuses on simplifying the supply chain through creating a network of business-to-business customers…
“We are only scratching the surface … in this part of the world,” said Gojek’s chief food officer. “We truly believe that this is a big opportunity.”
Indonesia was home to 150 million internet users in January 2019, a 13% increase in a year. The country’s poor cyber security system renders them prone to cyber attacks.
The president wants the yet-to-be named city in East Kalimantan on the Borneo island to foster development of technology startups and a digitized manufacturing sector.
But as online borrowing rises, experts warn the nation’s financial literacy needs to improve and that data-protection laws should be in place.
Whether it is building a digital economy or preparing for climate change, Indonesia is busy putting long-term plans into action.
In Indonesia, seamaps are useful for navigation safety purposes. Marine mapping can also be useful to support a country’s economy: “access to ports, goods distribution lines, and so on.”
McKinsey has tipped Indonesia to reach Group of Seven status, having one of the world’s largest economies, by 2030. But Indonesia’s plan for getting there is not bold enough.
More than one-third of the country’s young people want to work for themselves. This may seem unsurprising in light of its recent string of booming tech unicorns
Logisly aims to address the high cost of logistics and improve supply chain management in Indonesia. It provides shippers with features like real-time tracking and digital proof of delivery.
Thomas Lembong, who leads the agency known as BKPM, also indicated that the government is looking to ease restrictions in areas that can support Indonesia’s booming digital economy.
In the future, Mastercard and Artajasa could work on other transaction processing, including digital payment in e-commerce, Mastercard said.
