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Indonesia to introduce ASEAN breakthroughs on fin-tech, e-commerce

The Indonesian Chamber of Commerce and Industry (Kadin), which is chairing the 2023 ASEAN Business Advisory Council (ASEAN-BAC), is about to introduce seven legacy breakthroughs on five priority issues during the country’s ASEAN chairmanship this year.
Indonesia to introduce ASEAN breakthroughs on fin-tech, e-commerce ảnh 1Chairperson of the Indonesian Chamber of Commerce and Industry, Arsjad Rasjid (second from right), at the press conference. (Source: ANTARA/Ade Irma Junida/uyu)
Jakarta (VNA) - The Indonesian Chamber ofCommerce and Industry (Kadin), which is chairing the 2023 ASEAN BusinessAdvisory Council (ASEAN-BAC), is about to introduce seven legacy breakthroughson five priority issues during the country’s ASEAN chairmanship this year.

Antara news agency of Indonesia reported that the Kadin chairperson, ArsjadRasjid, unveiled the information at a January 30 press conference on the“ASEAN-BAC Chairmanship Handover Ceremony 2023” (from Cambodia to Indonesia).

Three of the seven legacies involve digitisation programmesthat focus on fintech and e-trade, namely the ASEAN QR (Quick Response) Code,the ASEAN P2P (peer-to-peer) Lending Platform, and WIKI Entrepreneurship.

Rasjid said that Kadin is collaborating with all centralbanks in ASEAN countries for the QR code development. WIKI Entrepreneurshipwill support international trade between Southeast Asian countries, especiallyfor micro, small, and medium enterprises (MSMEs). Furthermore, the other legacyprogrammes – the ASEAN Net Zero Hub and the Carbon Center of Excellence – willbe implemented to handle environmental sustainability issues.

The chair of ASEAN-BAC 2023 will also introduce the ASEAN One Shot Campaign,which will prioritise the health sector to create a permanent regionalvaccination programme and strengthen manufacturing capacity and clinicalresearch, which will be supported with adequate digital infrastructure.

In addition, there will be a Food Security programme for theagricultural sector with an inclusive closed-loop system model to encouragefarmers and agricultural MSMEs in the region to become a part of the globalsupply chain./. 

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