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Indonesia eyes entrepreneur ratio of 4% by 2024 Details 03 May 2021 Indonesia is facing the challenge of increasing the number of entrepreneurs in the country. According to Minister of Cooperatives and SMEs Teten Masduki, the number of entrepreneurs in Indonesia is low compared to neighbouring countries such as Thailand (4.26%), Malaysia (4.74%), and Singapore (8.76%), Kompas reported. While the target for this year s entrepreneur ratio is 3.55%, Masduki said it is currently only at 3.47%. By 2024, Indonesia targets to grow the number to 4%. Quoting Masduki, Kompas explained that entrepreneurship is a strategic choice for Millennials and can potentially boost Indonesia s economy. Aside from the high level of independence, Masduki added that Millennials are also dynamic. Hence, it seeks to capture this potential in them in an effort to increase the entrepreneurship numbers in the country. ....
: 5,298 I am the Director of The Yudhoyono Institute (TYI), a think-tank that seeks to advance the three pillars of liberty, prosperity and security as well as promoting youth leadership through collaborative approach. Prior to that, I was assigned as a special staff to the Office of the Secretary of President SBY in 2013-2014. I had spent over 7 years of my career as an academic, focusing on International Relations, Security and Defense Studies. ....