115 Years Of Indonesian Auction: Digital Transformation Boosts Transactions Of Tens Of Trillions Of Rupiah

The government through the Ministry of Finance (Kemenkeu) is said to continue to take an adaptive approach to the auction business model. Most recently, the Directorate General of State Assets (DJKN) of the Ministry of Finance has received positive results from the use of digital channels in auction activities.

Citing DJKN's broadcast today, public participation through the official government portal rose 400 percent in the 2016 to 2022 period. Director General of State Assets Rionald Silaban said his party had started using the Auction Application since 2013.

"In 2018 the Auction application was developed and changed its name to the Indonesian Auction Portal," he said at the peak of the 115th anniversary of the Indonesian Auction Year in Jakarta, Tuesday, July 18.

According to Rionald, the increase in participation of the auction participants also has an impact on increasing the value of auction transactions and state revenues.

"It was recorded that from 2016 to 2022, the number of principal auctions increased from around Rp. 12 trillion to Rp. 35 trillion. Meanwhile, the number of auction duties received by the state increased from around Rp. 270 billion to more than Rp. 800 billion," he said.

Sri Mulyani's subordinate explained that the increase in the performance of this auction continues to be balanced with DJKN's efforts to provide maximum service.

One of them is through reengineering the auction which is currently in process this year. This effort is expected to optimize the performance of Indonesian Auction Portal services," he said.

On the same occasion, Director of Auction for DJKN Joko Prihanto reported the peak event of 115 Years of Indonesian Auction which was attended by approximately 700 participants, filled with various activities.

In addition to the inspiring dialogue with the Director General of State Assets, it was also enlivened by the implementation of voluntary auctions in the form of motorized vehicles, painting arts objects, woven fabrics, antiques/canoes and other goods.

"We also award the winners of the 2023 Indonesian auction people's creativity competition and awards to the creators of the Anti-Auction Fraud Campaign song," said Joko.