Indonesia To Be Largest Digital Economy In ASEAN By 2030

Regional newswires are reporting on a request by Teten Masduki, Indonesia’s Minister of Cooperatives and Small and Medium Enterprises (SMEs), who has asked food retailers in Indonesia to join online businesses given that the country is expected to become the largest digital economy in Southeast Asia, reaching IDR 4,500-trillion (approx. USD 302-billion) in value by 2030.

The Indonesian government is targeting 30-million micro, small and medium enterprises (MSMEs) to enter the digital market by 2024, including 19.5-million MSMEs in 2022, Masduki said.

The official is optimistic that the target will be achieved especially by the participation of noodle and meatball soup vendors, Antara News reported.

Chairman of the Association of Chicken Noodle and Meatball Soup Vendors (Papmiso) Bambang Haryanto, said 1,200 out of the 50,000-Papmiso members are already connected as an online business.

GoFood accommodates 62,700-food vendors and Grab Food 120,000 claim Antara News.

Masduki said he hopes that all of the 50,000-members of Papmiso will go online in the next two years.

The Cooperatives and SMEs Ministry is ready to help noodle and meatball soup vendors to obtain business registration numbers (NIB), distribution permits, and halal certificates as well as facilitate access to banks to obtain capital assistance under the people’s business credit (KUR) scheme.

Source: Vietnam Plus, Antara News

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