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View all search resultsRecent rankings published by the IMD World Digital Competitiveness Center (WCC) reveals that several ASEAN countries have a strong ability to adopt and explore new digital capabilities and technologies. These countries include Singapore (4th), Malaysia (31st), Indonesia (51st) and the Philippines (56th).
Favorable geographic and economic features, if utilized properly, can give Indonesia a competitive edge in the region as the country vies for investment at a time of global uncertainty, says the International Finance Corporation.
Experts attribute Indonesia’s recent gain in a global competitiveness ranking to improved infrastructure, a rising number of internet users and cheap labor, rather than to the Job Creation Law issued with the intent of strengthening domestic industries.
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