Surabaya, Jatim, Aug. 29 -- Deputy Minister for Cooperatives and Small and Medium Enterprises (SMEs), Helvi Moraza, underlined the critical importance of digital transformation and strengthened financial literacy for micro, small, and medium enterprises (MSMEs) to survive, grow, and scale up in the digital economy era.

"Digitalization is no longer an option - it's a necessity for MSMEs to remain relevant and competitive," Moraza said during the opening of the Public Accountant Office (KJA) Gathering in Surabaya, East Java, on Friday.

He emphasized that MSMEs must have adequate access to financial literacy, transparent and accountable business governance, and the capacity to leverage digital technology.

Citing national data, Moraza note...