Navigating the policy landscape: Digital transformation outlook for Indonesia & the region

[Navigating the policy landscape: Digital transformation outlook for Indonesia & the region]

Indonesia has made significant strides in digital transformation across sectors in the past five years, particularly in promoting its start-up ecosystem and facilitating e-commerce.

Not only has Indonesia seen the emergence of several unicorns and even a decacorn, showcasing success in fostering digital micro, small and medium enterprises (MSMEs), but digital services are also a growing export sector that made up 60 percent of total services exports in 2021, and 6 percent of total exports.

Indonesia’s successful digital agenda during its 2022 G20 Presidency and 2023 ASEAN chairmanship is a testament to the country’s growing role as a global and regional thought leader.

More recently, at the World Trade Organization ministerial meeting in February, and amid much anticipation, Indonesia renewed its commitment to the WTO ban on import tariffs on data flows and digital products - also known as the Moratorium on Customs Duties on Electronic Transmissions (the Moratorium).

This will primarily benefit MSMEs across the country by ensuring that costs of digital inputs are kept low and Indonesia’s growing digital services exports remain competitive as they enter new markets.

This article was written by Eka Chandra, member of the Digital Prosperity for Asia (DPA) Coalition and CEO of IOTA Kreatif Media, and was published in thejakartapost.com

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