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TikTok Shop Will Close in Indonesia After Growing Protests from Small Businesses

The government is closing down TikTok Shop to shield small and medium-sized enterprises (SMEs) from platforms like TikTok Shop.

Indonesia , Indonesian , Bima-laga , Teten-masduki , Ruben-onsu , Zulkifli-hasan , Association-awaits-comprehensive , Indonesian-association-id , Tiktok-shop-denies-harming-local , Tok-indonesia , Tiktok-shop , Tok-shop

Indonesia to ban social commerce transactions amid TikTok's push - Asia News NetworkAsia News Network

Indonesia to ban social commerce transactions amid TikTok’s push Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

United-states , China , Jakarta , Jakarta-raya , Indonesia , India , East-kalimantan , Kalimantan-timur , Indonesian , Nailul-huda , Zulkifli-hasan , Bima-laga

Minister Teten worries Tiktok may become 'monopoly' in Indonesia

Minister Teten worries Tiktok may become 'monopoly' in Indonesia Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

Indonesia , Singapore , Jakarta , Jakarta-raya , United-kingdom , China , Indonesian , Singaporean , British , Chinese , Teten-masduki , Bima-laga

idEA Supports E-commerce Import Ban to Boost Downstream Industry

Indonesian E-commerce Association (idEA) supported the government's plan to ban the sale of imported goods valued at less than US$100 via e-commerce.

Indonesia , Jakarta , Jakarta-raya , Indonesian , Bima-laga , Information-kominfo-ministry , Industry-ministry , Facebook , Ministry-of-law , Indonesian-association , Indonesiane-commerce-association , South-jakarta

Ministry to monitor e-commerce sites not selling local products

The Ministry of Trade will monitor e-commerce sites that do not provide a digital space for showcasing and selling national products, Deputy Minister of Trade ...

Indonesia , Antara , Aceh , Indonesian , Jerry-sambuaga , Joko-widodo , Teten-masduki , Bima-laga , Indonesian-association , Digital-economy-forum , Ministry-of-communication , Medium-enterprises-msmes

International Buy Now, Pay Later Report: More than Half of US & Southeast Asian Consumers Jumped into BNPL During Pandemic

International Buy Now, Pay Later Report: More than Half of US & Southeast Asian Consumers Jumped into BNPL During Pandemic
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United-states , Indonesia , Singapore , Jakarta , Jakarta-raya , Indonesian , American , Indina-andamari , Emily-morris , Bima-laga , Marketing-communications , Katadata-insight-center

Indonesia to pass regulation for fair competition in e-commerce domestic market

JAKARTA - Indonesia will pass a new regulation that lays out rules for e-commerce in a bid to promote fair and healthy competition in the domestic market.
Among the rules set to be rolled out next month is the requirement for e-commerce players to declare if they carry out cross-border trade, Trade Minister Muhammad Lutfi told The Straits Times.
Online platforms selling foreign goods in Indonesia will be subject to the same obligations as offline traders offering locally-made products, he added.
"The regulation seeks to create a level playing field in the domestic market," he said. "If the offline traders must have distribution permits, online merchants will need to do the same thing."

Vietnam , Republic-of , Indonesia , Singapore , Jakarta , Jakarta-raya , Indonesian , Hariyadi-sukamdani , Joko-widodo , Tutum-rahanta , Bima-laga , Muhammad-lutfi

Indonesian e-marketplaces brace for regulatory turbulence

E-commerce players believe several recently implemented regulations will burden the industry this year as the government tightens controls on Southeast Asia’s largest digital economy. - Shutterstock.com
JAKARTA (The Jakarta Post/ANN): E-commerce players believe several recently implemented regulations will burden the industry this year as the government tightens controls on Southeast Asia’s largest digital economy.
Indonesian E-commerce Association (IdEA) chairman Bima Laga said on Wednesday that certain requirements under the Job Creation Law, the Stamp Duty Law, a certain government regulation (PP) and a ministerial regulation would create downside risks for e-commerce.
All the laws were introduced last year except the PP, which was introduced in 2019. Bima, speaking at an online discussion, began with the Job Creation Law – the most expansive of the four regulations – which requires e-commerce platforms to include either buyers’ citizen identification numbers (NIKs) or their tax identification numbers (NPWPs) in tax invoices. The previous regulation only accepted NPWPs.

Indonesia , Jakarta , Jakarta-raya , Indonesian , Mariam-barata , Nina-mora , Bima-laga , Bonarsius-sipayung , Google , Bain-co , Ministry-regulation , Temasek-holdings