Indonesia Can Become SE Asia`s Largest Digital Economy: Jokowi

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

TEMPO/Subekti

TEMPO.CO, Jakarta - President Joko Widodo (Jokowi) believes that Indonesia will become the largest digital economy in Southeast Asia because of its strong foundation and availability of capital.


"We must not let go of the huge market potential. I believe the market potential can make Indonesia the largest digital economy in Southeast Asia," he told a limited meeting at the Presidential Office here on Tuesday, called to discuss ways to enhance Indonesia's image in the eyes of the global community.


He called for making immediate efforts to realize the potential that Indonesia has. Otherwise, it will lag behind neighboring countries.


As the first step to achieve the goal, Indonesia must build a world-class logistic platform, capitalizing on products that rural areas have to offer, he stressed.


"At the same time, we must also make breakthroughs to strengthen our digital economic players. As I observe, our younger generations have the potential to engage with this world on strong terms," he observed.


The president further asked business players to accord priority to startup businesses and ensure that they have access to capital.


"Let us carry out massive deregulation in the field of e-commerce. We must not forget training human resources to develop this capacity. This is important for e-commerce startups to compete in the business world," he added.


He noted that almost all countries have begun to think of digital economy.


"We must not lag behind them. We must play a role in this transition. As I see, we have a huge potential to develop as a digital economy. We have a population of 250 million, with 93.4 million of them being internet users," he explained.


He reminded that e-commerce sales in Indonesia reached US$2.6 billion in 2014.


In fact, e-commerce can help 56 million micro, small and medium business undertakings in Indonesia to contribute 55 percent of the national gross domestic product.



ANTARA




Related News

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

19 jam lalu

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

Several experts discussed input for Prabowo-Gibran in forming their cabinet.

Read More

A Domestic Recipe for the Middle East Conflict

1 hari lalu

A Domestic Recipe for the Middle East Conflict

The Middle East conflicts will harm the Indonesian economy. The solution is to improve the domestic economy.

Read More

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

2 hari lalu

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

Statistics Canada said GDP was likely unchanged from February.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

2 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

6 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

14 hari lalu

OJK Spills Impact of Middle East Escalation on Indonesia's Financial System Stability

OJK will continue to monitor the latest developments in the Middle East and their impact on financial system stability in Indonesia.

Read More

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

15 hari lalu

Jokowi Asserts Diplomacy, Economic Policy to Anticipate Middle East Conflict Escalation

Jokowi chaired a limited meeting with his ministers at Merdeka Palace, Jakarta, on Tuesday to discuss the impact of Iran's strike on Israel.

Read More

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

16 hari lalu

Airlangga Preps to Mitigate Economic Impact of Iran-Israel Conflict

Coordinating Minister Airlangga Hartarto talked about the potential impact of Iran's attack on Israel on the country's economy.

Read More

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

34 hari lalu

Vietnam Economy Expands by 5.66% in Q1 as Exports Boom

Vietnam's gross domestic product in the first quarter grew 5.66% from a year earlier as exports boomed, government data released on Friday.

Read More

Jakarta has Capital to Become Business City Competing with New York: Economist

46 hari lalu

Jakarta has Capital to Become Business City Competing with New York: Economist

The metropolitan city of Jakarta has the capital to become a business and economic hub that can compete with New York, an economist says.

Read More