"Massive data breach repeatedly occurred from applications managed by government agencies. The government's seriousness in data protection is questionable."
It is possible that the government and Bank Indonesia to keep sharing the fiscal burden for quite some time, even into years of economic recovery.
According to the information compiled by D-Insights, the Indonesian government plans to impose an insolvency moratorium and complicate bankruptcy petitions through the Government Regulation in Lieu of Law (Perppu).
“Unemployment crisis hits various sectors. D-Insights discovers that companies have significantly reduced the cost of labor.
The Supreme Audit Agency (BPK) expressed concern over the government's debt management capability, following the central government's 2020 financial statement audit results.
Indonesia may receive fewer COVID-19 vaccine supplies than expected due to embargoes applied by several vaccine-producing countries. The government is trying its best to prevent any vaccine scarcity.
With a strong digital ecosystem and funding, Sea Group can become a major player in Indonesia’s digital industry.
Indonesia has become a spotlight after several world technology giants invested in the country, most of which spent funds for large startups and data center construction.
The government is aggressively pushing for the completion of various trade agreements. In mid-November, 15 Asia Pacific countries, including Indonesia, signed mega-free trade cooperation, Regional Comprehensive Economic Partnership (RCEP).
A huge investment in the digital sector is pouring amidst a depressed economy. Most recently, Bukalapak is reported to have received a new investment of US$2-3 billion or Rp 28-42 trillion from a group of investors, including Emtek, GIC, and Microsoft.