Indonesia Geared to be Digital Hub in Southeast Asia

Indonesia Geared to be Digital Hub in Southeast Asia
In 2020, Indonesia is expected to be the digital hub in Southeast Asia. Image Credit: Pixabay
  • Country:
  • Indonesia

Indonesia is working towards being a regional digital hub in Southeast Asia. And the government has promised to improve the regulatory framework that governs aspects of the country's digital economy.

Rudy Salahuddin, an official from the Office of the Coordinating Economic Minister said digital technology, in the near future, will deeply influence Indonesia's development. Rudy says the utilization of digital technology will not be limited to certain sectors but impact the country's development as a whole.

The government will be revising five regulations - government regulation on e-commerce, a personal data protection bill and a tax office regulation on the e-commerce tax, e-commerce road map and the management of electronic transactions and systems.

Its estimated that the digital trade sector could create $172 billion worth of economic opportunities by 2030 for the Indonesian economy alone. This would be equivalent to nine per cent of the country's projected GDP at that time.

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