Digital innovation becomes key to confronting pandemic: BUMN minister

Digital innovation becomes key to confronting pandemic: BUMN minister

State-Owned Enterprises (BUMN) Minister Erick Thohir during an online seminar in Jakarta, Wednesday. (16/12/2020). ANTARA/Aji Cakti

Jakarta (ANTARA) - State-Owned Enterprises (BUMN) Minister Erick Thohir gauged that digital innovation had become the key to facing the pandemic, both now and in future.

"We must remember that our enemy in the future is a pandemic, for which many aspects called digitization are very helpful," Thohir noted during an online seminar in Jakarta, Wednesday.

The BUMN minister believes that the key is to streamline digital savings services to customers, especially during the COVID-19 pandemic.

The endeavor was intended to prevent the transmission and spread of the pandemic through face-to-face or in-person meetings.

"Of course, apart from that the most important aspect is to improve service for customers of State-Owned Bank Association (Himbara)," Thohir noted.

In his presentation, the BUMN minister assessed that the ASDP ferry ticket purchase in online application through Ferizy currently made it easier for the public.

In addition, the Digital Market of MSMEs (PaDi) is a digital platform to bring together BUMNs with MSMEs in various business fields, including advertising, construction services, and catering.

Furthermore, the BUMN minister noted that BRI had also launched to facilitate meetings between market traders and their consumers.

"We also speak about small or market traders with limited access and in need of capital. We also synergize this," he remarked.

Thohir affirmed that digital innovation in BUMN is believed to not only boost the competitiveness of BUMN itself but also improve services to the community and additionally ensure partiality for the small and continued support to government programs.

"This is because BUMNs are required to do business and provide large dividends to the state. However, do not forget to also improve services to the public, considering that SOEs are the locomotive of Indonesia's economic growth," the minister emphasized.

Finance Minister Sri Mulyani Indrawati earlier spoke at length on the digital transformation policy direction for the 2020-2024 period to optimize the potential to maintain financial system stability.

Digital technology can boost the economy but concurrently has the potential to create disruption and instability, for which the right policy direction is deemed necessary, Indrawati affirmed.

"Maintaining financial system stability by leveraging digital technology has become crucial," the minister noted in Jakarta at a virtual Indonesia Digital Conference on Wednesday.

Indrawati highlighted five strategic issues that have become the basis to design the policy on digital transformation, including to address the shortcomings of no internet service in four thousand villages, merely 54.7 percent of the country's population being internet users, slow internet speed with fixed broadband speed of 14 Mbps as compared to the global average of 43 Mbps, and national mobile broadband speed at 10 Mbps as compared to 22.16 Mbps of the global average. Related news: Finance Minister sheds light on digital transformation policy
Related news: Coordinating ministry drafting national digital economy strategy