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micro-and-small-businesses

Business 6 years ago

PREMIUM
Govt to disburse $1.49b in cash transfers to unbankable small businesses

MSMEs, which account for around 60 percent of Indonesia’s gross domestic product (GDP), are among the hardest-hit businesses during the coronavirus outbreak as demand weakens and bank loans become harder to access.

Business 6 years ago

Gojek launches website to boost digitalization among micro, small businesses

Gojek stated that there were 500,000 merchants in its ecosystem, 90 percent of which are MSMEs.

Opinion 6 years ago

Bailing out SMEs is not enough. Boosting demand is more important

There are more than 60 million SMEs across Indonesia, but only 12 percent have access to financing or bank loans.

Editorial 6 years ago

SMEs safeguard economy

Unstable internet connections and difficulty in accessing financing continue to be the major roadblocks for MSMEs in digitalizing their operations, according to a recent Sea Insights survey.

Business 6 years ago

Online MSMEs can reduce economic burden: Report

According to a Mandiri Institute study, MSMEs that have an online presence are more resilient as they are more likely to continue producing and selling goods as well as have a longer runway to survive the economic slowdown.

Business 6 years ago

Govt aims for 10 million MSMEs to go digital by year end

The government aims to have 10 million micro, small and medium enterprises (MSMEs) go digital by the end of the year to help them ease the financial burden of the pandemic, a high-ranking official has said.

Opinion 6 years ago

Kill the virus, not the economy

Indonesia's financial system is also grappling with several major global and domestic sources of vulnerability that could disrupt stability.

Business 6 years ago

Bank Indonesia to provide liquidity for banks involved in loan restructuring

Indonesian banks owned Rp 886 trillion (US$59.77 billion) in government bonds and could transact Rp 563.6 trillion worth with the central bank should they need liquidity.

Editorial 6 years ago

Small firms wait for aid

Most of the layoffs should have been done by MSMEs, as they have thin cash buffers, rely mainly on short-term loans with high interest rates, while their cash flows have virtually stopped under the current public health crisis and melting economy.

Business 6 years ago

Small businesses resort to online channels to survive pandemic

As COVID-19 hits business activity and forces people to stay at home, small businesses are striving to make the most of online platforms to reach customers.

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micro-and-small-businesses

PREMIUM Govt to disburse $1.49b in cash transfers to unbankable small businesses

Gojek launches website to boost digitalization among micro, small businesses

Bailing out SMEs is not enough. Boosting demand is more important

SMEs safeguard economy

Online MSMEs can reduce economic burden: Report

Govt aims for 10 million MSMEs to go digital by year end

Kill the virus, not the economy

Bank Indonesia to provide liquidity for banks involved in loan restructuring

Small firms wait for aid

Small businesses resort to online channels to survive pandemic

Editor's Picks

Popular

Your Opinion Matters

Thank You

PREMIUM
Govt to disburse $1.49b in cash transfers to unbankable small businesses