Expansion of Mobility Services and Its Impact on the Development of a Cashless Society in Indonesia(13)

Spread of mobility service and Indonesian cashless society

It goes without saying that such spread of mobility services accelerated by actualization of e-payment on mobile gadgets has raised the expectation of a cashless society in Indonesia. 

As a result, financial environments without coins and bills have been realizing inch by inch. For instance, it is commonly observed that IT-savvy youngsters enjoy full benefits of a cashless society with Go-Jek or Grab on a daily basis. 

Recent startup boom across Southeast AStartup fever in Southeast Asia and its implication for India to improve indispensable public services(7)

Recent startup boom across Southeast Asia

There are yet pending issues to solve in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, deficiency of high-skilled work forces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia. 

With the exception of Singapore, capital markets and legal and institutional systems for startups in the region aren’t well devised and developed as well.