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Jakarta Post

Skills gap, inadequate regulations hamper digital economy

  • News Desk

    The Jakarta Post

Jakarta   /   Wed, August 21, 2019   /  04:11 pm
The Jakarta Post Image
Back view of young a businessman and woman looking at digital business screens and holograms in a futuristic interior. (Shutterstock/Peshkova)

Indonesia’s digital economy has enormous potential not only as reflected in the high rate of its adoption in the country but also by its potential market value, which is estimated to reach more than US$100 billion in next five years. However, skills gaps, inadequate regulations and a lack of internet access out of the main cities have hindered the growth of the digital economy, researchers have said. Indef economist Berly Martawardaya said that the country needed to build its soft infrastructure including the enhancement of digital literacy and skillset of human resources to meet the expectations. “Digital literacy and skillsets must be improved for consumers and producers alike,” Berly told The Jakarta Post on Friday, last week. He said that retailers should, for example, acquire the necessary skills such as improving their photography and video...