18 Nov 2019

Tel-U Student Crowned As 1st Place in 2019 National Economics Creative Competition (NECC)

Bandung, Telkom University – Tel-U students succeeded, winning 1st place at the 2019 National Economics Creative Competition (NECC) which is a National level competition organized by the Economics Study Club (ESC) of UIN Alauddin Makassar in the field of Debate and Essay competitions. This year’s NECC has the theme “Formulating Strategies in Overcoming Current Account Deficits in Indonesia”.

The Telkom University team that successfully won this event included: Achmad Adam Azzuri and Risma Nur Damayanti both of whom were S1 Information Systems students (2018), and Yullia Sartika Putri Pratiwi (S1 Telecommunications Engineering 2018). The three of them made an essay entitled “Maintaining the Momentum of Sustainable Growth by Utilizing MSMEs and Demographic Bonuses as a Solution to the Current Account Deficit in Indonesia”.

Through this title, they want to convey that by utilizing the internet, SMEs can further develop their business and as a solution to the problems faced by these SMEs starting from capital to branding.

Considering that there are still a lot of MSMEs left behind in the use of technology because the majority of MSME actors are from the lower sector community. Indonesia with its demographic bonus has a great opportunity to get foreign exchange in the form of remittances sent by Indonesian workers who work in MEA member countries. With all the great potential possessed by Indonesia both in terms of population demographics, MSME potentials, and natural resources is an opportunity that must be utilized as well as possible.

The competition starts from the online registration and submission stages of the 6 July – 30 September 2019, Judging on 1 – 2 October 2019, Announcement 3 October, Technical Meeting 6 November 2019, and the Final Round Execution on 7 – 9 November 2019.”Our preparation is to review in advance the problem of the current account deficit in Indonesia. Then we look for solutions that are very potential to be implemented as solutions to deal with the current account deficit. After that, we discuss it regularly and write it down. “Said, Adam.