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Indonesia: 20.5 million MSMEs join digital ecosystem

About 20.5 million micro, small, and medium enterprises (MSMEs) have so far entered Indonesia’s digital ecosystem, said Minister of Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki.
Jakarta (VNA) – About 20.5 million micro, small,and medium enterprises (MSMEs) have so far entered Indonesia’s digitalecosystem, said Minister of Cooperatives and Small and Medium Enterprises (SMEs)Teten Masduki.

The government has set a target to have at least30 million MSMEs enter the digital ecosystem by 2024, reported the local newsagency Antara.

At a recent press conference, Masduki noted that MSMEs thathave been connected with digital platforms could expand their markets, survivethe digital ecosystem competition, as well as could grow and go global.

The minister noted that the government is preparingregulations, including one on enhancing digital economy policy regulations,starting from personal data security to protect industries, including theirplatforms, MSMEs, and consumer protection in the digital world.

As part of the efforts to accelerate the MSMEs’ achievement,the ministry is revving up a digital transformation programme that involvesaround 20 ministries and government agencies and over 40 institutions andregions./.
VNA

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