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Jakarta Post

Govt, private companies push for digital transformation of MSMEs

  • The Jakarta Post

Jakarta   /   Sat, September 7 2019   /  01:24 am

The enterprises contributed to 61.4 percent of Indonesia’s GDP in 2017The government and private sector actors such as banks and financial start-ups are making fresh efforts to further promote the digitalization of micro, small and medium enterprises (MSMEs), which have become the backbone of the country’s economy.The Industry Ministry recently launched Startup4Industry, an application that gives MSMEs easier access to affordable and feasible technological solutions from technology start-ups.The program is one of several initiatives taken by the ministry in pushing for the digital transformation of MSMEs, which, due to their weak financial and technological capacity, are still unable to take advantage of digital technology to boost their businesses. “Through Startup4Industry, technology start-ups can provide MSMEs with digital technology to solve managerial, production and marketin...