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Minister explained that the Republic of Indonesia (RI) was projected to become the ninth-largest digital economy in the world by 2030.
Finance Minister Sri Mulyani said that digital economy allows goods from outside of Indonesia to enter Indonesia easily and swiftly.
Bukalapak spokesperson Intan Wibisono said her firm was determined to be the first profitable unicorn, while Tokopedia eyed reaching BEP next year.
Secretary-General of Communication Ministry says that the country's digital economy is predicted to thrive from $27 billion to $40 billion.
On Monday, Oct. 14, the govt. has officially operated Palapa Ring following the completion of the project construction in the country's eastern part.
Minister Rudiantara said that the digital economy is targeted to contribute 11 percent of the country's Gross Domestic Products (GDP) in 2020.
Ahead of the end of his office term, Minister Rudiantara admitted having two unfinished homework.
Finance Minister Sri Mulyani said the government will prepare a draft bill on new taxation, so digital firms such as Google can be subjected to tax.
President-elect Jokowi announced to Tempo the formation of three new State Ministries in his upcoming second-term Cabinet focusing on the economy.
The USD 2 billion (Rp28 trillion) investment from SoftBank to Grab Indonesia shows that global investors see Indonesia as a potential digital market.
Tax Director-General Robert Pakpahan revealed two challenges the government must deal with in imposing the digital tax.
Indonesia and Saudi Arabia will exchange information and experience in developing the digital economy.
Indonesia has recorded the highest growth of digital economy among ASEAN member countries, with 90 percent of growth during 2015-2017.
In the end, both OVO and Go-Pay would have to place their money in banks too, LPS says.
The Deposit Insurance Corporation (LPS) is reviewing the guarantee insurance for customers' e-money and e-wallet.
Industry Minister Airlangga Hartarto said that Indonesia would need as many as 17 million workers in the digital economy sector in 2030.
Gojek Indonesia and Astra International formed a joint venture to develop GoJek's four-wheel raid-hailing business, Go-Car.
An Indef economist explained that digital technology helped boost the growth of micro, small, and medium businesses (SMEs).
Indonesia's digital economy in 2018 grew rapidly into the largest in Southeast Asia with an estimated value of US$27 billion.