Social conflicts will arise if all economic sectors are controlled by big investors<\/p>\n
Jakarta E-commerce businesses should be protected from harmful practices that can damage the micro, small, and medium enterprise (MSME) sector, Minister of Cooperatives and Small, Medium Enterprises (SMEs) Teten Masduki stated.<\/p>\n<\/p>\n
“Conglomeration to the domination of large businesses over the e-commerce business sector in Indonesia must be prevented and minimized to provide opportunities for MSME players to grow in the digital-based business,” he noted in a press statement on Saturday.<\/p>\n<\/p>\n
Currently, the dominance of big businesses in the e-commerce business still continues. If that continues, then MSMEs in the digital business will definitely be unable to compete, Masduki stated.<\/p>\n<\/p>\n
“Big businesses only need to provide applications and then sell their own products. Social conflicts will arise if all economic sectors are controlled by big investors,” he affirmed.<\/p>\n<\/p>\n
Over the past two years, online businesses have experienced a major leap due to the change in shopping options for people that began to migrate from conventional shopping to online shopping both in urban and rural areas.<\/p>\n<\/p>\n
This change has encouraged an increase in the number of business players entering the digital business, with a total of 18.5 million MSMEs, or an increase of 131 percent since before the COVID-19 pandemic.<\/p>\n<\/p>\n
“The digital onboarding of up to 30 million SMEs is targeted by 2024,” the minister remarked.<\/p>\n<\/p>\n
However, the increase in the number of MSMEs entering the online business must be protected from the domination of big companies, so that MSMEs players can compete at a higher level.<\/p>\n<\/p>\n
India is one of the countries that is viewed as having implemented measures to ensure protection for MSMEs in entering the digital business. Masduki stated that India has created a conducive and fair business climate for the owners of businesses.<\/p>\n<\/p>\n
“We can learn from India as one of the countries that has protected its digital business from unbalanced competition between big businesses and MSMEs,” he concluded.<\/p>\n<\/p>\n
Source: Antara News<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
Social conflicts will arise if all economic sectors are controlled by big investorsJakarta E-commerce businesses should be protected from harmful practices that can damage the micro, small, and medium enterprise (MSME) sector, Minister of Cooperatives …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"yoast_head":"\n