Indonesian SMEs Record 14pct Growth in Exports

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The government aims to include two million Indonesian SMEs in the program by year-end 2020.

Although the current figure is relatively small, the Minister is confident that the 2020 target can be achieved.

To do so, Indonesia’s Ministry of Cooperatives and SMEs has set two strategies to get Indonesian SMEs to go digital.

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“First, expand access to the domestic and international markets. Second, improve the business process through better efficiency,” said Teten Masduki.

The government has sought to further support Indonesian SMEs by establishing digital infrastructure in addition to improving production processes and human capital capacity. 

(Writer: Elsa Catriana | Editor: Bambang P. Jatmiko, Erlangga Djumena)

Source: https://money.kompas.com/read/2020/07/09/153000126/menkop-teten--ekspor-produk-umkm-naik-sebesar-14-persen

https://money.kompas.com/read/2020/07/09/171000026/menteri-teten--789.000-umkm-sudah-go-digital-