With mobile technology continuing to change and influence behavior, e-commerce will take on greater significance as more people become accustomed to the convenience of shopping online and having their items delivered quickly and without fuss. That is
why logistics plays a very important role in the growth of e-commerce. As part of Singapore and Indonesia’s bilateral efforts to develop a digital economy and support the growth of e-commerce in the region, Temasek Foundation International, Singapore
Cooperation Enterprise and Republic Polytechnic have collaborated with the Government of the Republic of Indonesia to exchange knowledge in the area of e-commerce logistics.
Three Memoranda of Understanding (MOU) have been signed, covering two learning-exchange programmes in e-commerce logistics. The first MOU was signed between Singapore Cooperation Enterprise and the Coordinating Ministry for Economic Affairs,
Indonesia. This programme aims to build capabilities of 100 officials from ministries, state-owned enterprises including PT Pos Indonesia (Persero) and government-linked organisations in Indonesia to develop a strategy for e-commerce logistics through
a series of workshops.
Mr Gilarsi Wahju Setijono, President-Director of PT Pos Indonesia (Persero), said “The relevance of Pos Indonesia and other players in the logistics industry is pretty much dependent on whether or not we are capable to cope with changes and disruptions
within the industry. This cooperation is one of the important efforts to play a strong role and provide the best service in e-commerce logistics. Through this cooperation, Pos Indonesia’s human resources can gain the valuable knowledge and experiences”.
The second MOU was signed between Republic Polytechnic and Indonesia’s Ministry of Research, Technology and Higher Education. This second programme focuses on enhancing technical education courses in supply chain management for e-commerce offered
by selected polytechnics in Indonesia. A third related MOU was signed between Republic Polytechnic and POS Indonesia Educational Foundation.
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About Temasek Foundation International
Temasek Foundation International is one of the six non-profit philanthropic organisations set up by Temasek and sponsored through Temasek Trust.
Temasek Foundation International funds and supports programmes that aim to build capabilities in communities in Asia and beyond. Designed and implemented with programme partners, these programmes build human and social capital development and
contribute towards a more vibrant and connected global community, with positive networks of cooperation. The programmes also aim to enhance capabilities in the areas of health care, education, public administration, urban management and disaster response.
Did you know?
ASEAN has been envisaged as the next frontier of a booming digital economy. In fact, Southeast Asia’s digital economy is expected to hit US$200 billion by 2025, accounting for 6% of the regional gross domestic product. Out of the projected growth
for the digital economy, e-commerce in ASEAN would amount to US$88 billion; in Singapore it is expected to be worth US$5.4 billion by 2025. Singapore’s top e-commerce site in terms of traffic is Qoo10 with an average of 8.4 million monthly visits.
Out of the top 10 e-commerce sites in Singapore, ranked according to monthly visits, seven are local players. Namely, Lazada; EZBuy; Zalora; Shopee; Reebonz; Love Bonito; and Forty Two.
2024 Highlights — Temasek Trust Ecosystem