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Today's Headlines Digital Economy

  • Can Indonesia Become the Silicon Valley of Southeast Asia?

    Can Indonesia Become the Silicon Valley of Southeast Asia?

    In June 2016 the "1,000 digital startup movement" was launched by Indonesia's Communication and Information Ministry in cooperation with KIBAR, the nation's technology startup ecosystem builder. This government-backed program targets to see 1,000 startups in the digital economy by the year 2020 with a combined valuation of USD $10 billion. Considering that digitalization has been a key trend around the globe (covering basically all aspects of life), Indonesian authorities want this sector to boom in Indonesia as well, which would also make the whole economy more efficient.

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  • Google & Temasek Positive about Indonesia's Digital Economy Growth

    Google & Temasek Positive about Indonesia's Digital Economy Growth

    Google Inc. and Temasek Holdings Pte released joint research that signals Southeast Asia's digital economy (which includes e-commerce, online games, advertising and other economic activities related to the Internet) will surge to USD $200 billion by 2025. Indonesia's digital market will account for 40.5 percent - or USD $81 billion - of this total market. With an estimated USD $46 billion, Indonesia's e-commerce sector will contribute most to the total.

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  • Kadin Indonesia: Government Needs to Focus on Employment & Education

    Kadin Indonesia: Government Needs to Focus on Employment & Education

    Indonesia's Chamber of Commerce and Industry (Kadin) appreciates the 11 economic stimulus packages that have been released by the central government since September 2015. However, Kadin regrets to see that the central government does not put the issue of job creation as the basis of any package. Rosan Roeslani, Chairman of Kadin (and whose name was mentioned in the controversial Panama Papers), said all 11 packages answer to the desires of certain groups (such as investors and industries) but unemployment remains untackled.

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