Tech News Summary:
- Digital technology has emerged as one of the six major economic drivers in Bali province, according to Governor I Wayan Koster.
- Bali is focusing on six main sectors, including digital economy, to make its economy healthier and ensure its continuity after being affected by the COVID-19 pandemic.
- Digifest II 2023 is a digital technology event that encourages community participation and supports Bali’s economic development through digital transformation.
Bali, one of the most popular tourist destinations in the world, has been relying heavily on its digital technology sector to boost its economy. And the credit for its success goes to Governor Wayan Koster, who has been supporting this sector to ensure sustained growth.
The digital technology sector in Bali has been thriving for the past few years, with a large number of startups and established companies setting up shop in the region. These businesses operate in various domains of digital technology, including e-commerce, fintech, software development, data analytics, and more.
Governor Wayan Koster recognizes the importance of this sector in driving Bali’s economy and has been proactive in supporting it. He has implemented various policies to promote the growth of digital technology, such as tax incentives, investment programs, and infrastructure development.
The government has also established partnerships with various private organizations and international bodies to provide training and resources to local startups and businesses. These initiatives have helped small and medium-sized businesses to establish a foothold in the digital space and compete with larger, established players.
One notable success story is that of Refactory, a software development company that started in Bali in 2012. With the support of the government and other stakeholders, the company has grown to become one of the leading software development companies in the region, with clients in various countries across the globe.
Bali’s digital technology sector is expected to continue its growth trajectory in the coming years, with the government’s continued support and business-friendly policies. And with Governor Wayan Koster at the helm, the future looks bright for this sector, which has emerged as Bali’s mainstay economic driver.