Niagawan
Vol 10, No 1 (2021): NIAGAWAN VOL 10 NO 1 MARET 2021

INDONESIAN GOVERNMENT POLICY AND SMEs BUSINESS STRATEGY DURING THE COVID-19 PANDEMIC

Ratnaningsih Hidayati (Center for Trade Education and Training Ministry of Trade)
Nadya Megawati Rachman (Center for Trade Education and Training Ministry of Trade)



Article Info

Publish Date
18 Mar 2021

Abstract

Economic disruption by The COVID-19 pandemic has hit Indonesian economic heavily. The purpose of this study is to provide an overview of government policies and business strategies in Indonesia amid the COVID-19 pandemic. This study employed a qualitative approach with data sources of literature reviews. The results of the study indicate that the Indonesian Government has responded to the pandemic by issuing some policies regarding SMEs.  There are several policies issued regarding the Micro and SMEs business. The policy is breakdown into five schemes namely (1) Social support; (2) SMES tax incentives; (3) Credit restructuring and relaxation (4) Working capital support stimulus; and (5) Collaboration with State-owned enterprise as the  off-taker for SMES products. On the other hand, there are some SMES business strategies in adjusting amidst the Covid-19 pandemic in Indonesia. Those strategies are (1) Products innovation; (2) Customer and stakeholder relationship management;(3) Digital marketing and distribution; and (4) Strategic Agility.

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Journal Info

Abbrev

niagawan

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences Other

Description

Niagawan merupakan metadata OJS. Jurnal yang dikelola oleh Prodi Pendidikan Bisnis Fakulltas Ekonomi Universitas Negeri Medan (UNIMED) sebagai media Program Studi Pendidikan bisnis memuat karya tulis ilmiah hasil penelitian atau tinjauan kepustakaan dalam bidang Ekonomi, Manajemen, Bisnis, ...