MSME digitization necessary to support Indonesia s economic recovery 5 hours ago (ANTARA/Bambang Dwi Marwoto)
Some 99 percent of the businesses in Indonesia are dominated by MSMEs, which absorb 97 percent of the total number of workers, but MSMEs only contribute 57 percent to the national GDP Indonesia’s 64.2 million micro, small, and medium scale enterprises (MSMEs) have contributed Rp8,573.89 trillion, or 61.07 percent, to its GDP (gross domestic product) as of March, 2021, as per data from the Cooperatives and Small Medium Enterprises (SMEs) Ministry.
MSMEs absorb 97 percent of the national work force, account for 60.4 percent of the total investment, and contribute 14.37 percent to export growth, data has shown.
Need inter-sectoral collaboration to boost MSMEs: Hartarto 5th May 2021
Coordinating Minister for Economic Affairs Airlangga Hartarto speaks at an online event for the Leader, Executive & Entrepreneur Program of the Industry & Business Institute of Management (IBIMA) in Jakarta on Wednesday (May 5, 2021). Antaranews.com/ HO-Coordinating Ministry for Economic Affairs
Support, cooperation, and collaboration in building national, effective, and technology-based MSMEs and industries ahead of Industry 4.0 era necessitate to be enhanced Jakarta (ANTARA) - Calling micro, small, and medium enterprises (MSMEs) critical pillars of the Indonesian economy, Coordinating Minister for Economic Affairs Airlangga Hartarto has highlighted the pressing need for inter-sectoral collaboration to support their development.