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Jakarta Post

Skills gap, inadequate rules hamper digital economy

  • The Jakarta Post

Jakarta   /   Thu, August 22 2019   /  02:10 am

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, the skill gap, inadequate regulations and a lack of internet access outside of urban centers have hindered the growth of the digital economy, researchers have said.Institute for Development of Economics and Finance (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 skill sets 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 ph...