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Saving small businesses

Saving small businesses
Saving small businesses
Joining digital marketplaces could help Indonesian entrepreneurs hit hard by the pandemic, but they need help getting started.
published :
8 Feb 2021 at 12:30
8
Indonesian small businesses, which have shown resilience during previous economic downturns, have borne the brunt of the impact of the Covid-19 pandemic and are now looking for ways to revive their fortunes.
The majority of micro, small and medium enterprises (MSMEs) have experienced a steep decline in profit margins despite a significant shift to online platforms to reach their customers in the era of restricted mobility.
Curbs on transport also caused 45% of 1,180 MSMEs surveyed in 15 provinces to have problems getting raw materials and distributing their products. The result has been both demand and supply shocks, according to research conducted by the United Nations Development Programme (UN ....

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Putting planet Earth into human development equation

The Jakarta Post/Jakarta
Indian environmental activist Vandana Shiva once told a public forum that the words “ecology” and “economy” were actually rooted in the same ancient Greek word: “oikos”, which could refer to a household, house or family. While we are striving for human development index betterment through our economic activities, it is also essential for us to be mindful that we do not run our planet Earth into overdrive.
Being mindful of the need to achieve this balance, the United Nations Development Programme’s (UNDP) 30
th anniversary edition of its annual Human Development Report (HDR) includes the “planet pressure” variable in its Human Development Index (HDI) measurement, thus coming up with a new concept called the planet and human development index (PHDI). ....

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