Indonesia, June 11 -- The Nusantara Capital City (IKN) Authority continues to boost the capacity of local micro, small, and medium enterprises (MSMEs) in Indonesia's new capital city in East Kalimantan to ensure their competitiveness.

"The development of the IKN must provide tangible benefits to local residents," Deputy for Social Affairs, Culture, and Community Empowerment at the Nusantara Capital City Authority Alimuddin said in Sepaku, North Penajam Paser, on Thursday.

"We are strengthening business actors so they can seize the various economic opportunities that continue to grow and become competitive," he added.

One way is to utilize the Financial Information Recording (SIAPIK) application, which provides local MSMEs with knowledg...