Reinventing Indonesia’s supply chain through digital collaboration
Have you ever experienced a lost package when you shop online? Or did your package ever take too much time to arrive at your doorstep when you needed it most? Though serving as the backbone of Indonesia’s economy, the logistics industry still has several flaws. Particularly, inefficiencies in the logistics sector in the country with over 17,000 islands are due to unconnected national supply chain information. This creates a dynamic yet challenging distribution flow.
Inside Indonesia’s most financially literate provinces and what to learn from them
Across Indonesia’s vivid archipelago, a financial revolution is taking place. The nation’s financial landscape is transforming remarkably through the rise of the financial technology (fintech) industry. The latest edition of the East Ventures – Digital Competitiveness Index (EV-DCI) 2023 shows that the fintech development, leveraging on the enormous number of the productive-age population that earned an income, has been astounding. A fusion of financial innovation and education is reshaping the economic landscape and empowering communities like never before.
Achieving equitable digital for the whole Indonesian nation
Indonesia is set to be the strongest digital player in Southeast Asia in the coming years, with a massive demographic potential that continues to march towards the golden era of digital economy, whose value is predicted to reach US$360 billion by 2030.
East Ventures launched the East Ventures – Digital Competitiveness Index 2023
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, together with Katadata Insight Center and PwC Indonesia launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2023, which is the 4th edition since it was first launched in 2020. The EV-DCI 2023 report presents the measurement of Indonesia’s digital competitiveness with the theme “Equitable digital nation”.
Equitable digital nation: Willson Cuaca, Co-Founder & Managing Partner at East Ventures
As an early believer in the capabilities of Indonesia's digital ecosystem since 2009, East Ventures has witnessed the evolution of digital growth in Indonesia. At that time, the internet penetration was only 30 million people. As of January 2023, internet penetration has reached 212.9 million, or 77 percent of Indonesia's total population. It is an astonishing number for the growth of Indonesia's digital economy.
The quality of public services reflects the presence of the state: Ma’ruf Amin, Vice President of The Republic of Indonesia
I always emphasize the importance of improving the quality of public services at various events. The government continues to promote public services that are professional, straightforward, free of corruption, and have a real impact on the people. Community satisfaction with public services reflects the presence of state in society.
Exports and investment are the keys to push forward: Airlangga Hartarto, Coordinating Minister for Economic Affairs of Indonesia
We need to look at our regional economy, if we look at ASEAN its position is still relatively better compared to various regions including Europe. We can see that our main trading partners, both China and India, will still grow positively this year. Both have become relatively better environments compared to other regions.
Everyone must synergize to develop a digital ecosystem: Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment
One of the topics discussed at the G20 Summit in Bali and the main concern of countries with the strongest economies in the world is digital transformation to support economic resilience and resilience. Asian economies are growing faster than the global economy. Indonesia's economy has grown by more than 5%, and it is hoped that it will continue to take advantage of the momentum of economic recovery after the past pandemic.