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Indonesia, Singapore strengthen cooperation in digital economy

Jakarta (ANTARA) - Home Affairs Minister Tito Karnavian highlighted state management success stories in Singapore for Indonesia to emulate, as conveyed at Singapore's Nanyang Technological University's (NTU's) first regional conference and reunion, Jakarta, with over 200 alumni attendees."Indonesia can emulate how to use technology based on research from universities for many aspects in administrative processes and services for its citizens," Karnavian noted in a written statement from the Indonesian Embassy in Singapore received in Jakarta on Tuesday. Indonesian Ambassador Extraordinary and Plenipotentiary to Singapore, Suryopratomo, also echoed the same view during a panel discussion at the regional conference. "Currently, Indonesia has more than two thousand startups, two decacorns, and more than seven unicorns. Startups, with the highest growth, are in the on-demand services, financial technology, and e-commerce sectors," Suryopratomo remarked. Suryo, familiarly known as Tommy, remarked that Indonesia's increasingly digital economy will grow by 52 percent in 2021, with a total of US$53 billion (around Rp807 trillion), and is projected to reach over US$124 billion (around Rp1.8 quadrillion) by the end of 2025. ccording to Suryo, this condition is very appropriate if Indonesia conducts intensive cooperation with Singapore, one of the largest financial and technology centers in the world. The world of higher education in Indonesia also places NTU, a well-known university that is ranked 5th in Asia and 26th in the world, as a potential partner. Meanwhile, the Education and Cultural Attache of the Indonesian Embassy in Singapore, Igak Satrya Wibawa, stated that NTU, as a campus with abundant research funds and a capable network of researchers, could help and collaborate in research on technology and the digital economy. "Relations between Indonesia and Singapore in the higher education sector are characterized by strong and mutually beneficial cooperation," Wibawa stated.

Source: Antara News Agency

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