Tag: ministry of trade

The Government Will Support Indonesian E-Commerce Industry, by Shutting It Down

There’s a reason why the E-commerce Legislation Draft issued by the Ministry of Trade which went into public test a couple of days ago drew negative responses from e-commerce players. Through this draft, the government claims to support the growth of e-commerce industry in Indonesia while protecting the players in it. Continue reading The Government Will Support Indonesian E-Commerce Industry, by Shutting It Down

Indonesia’s Ministry of Trade May Have Banned Foreign Investment for E-Commerce Companies

The Ministry of Trade apparently has issued a new directive which extends the negative investment list from offline businesses to online business, according to Remco Lupker, president of Ambient Digital Indonesia, on his blog post tonight. This, he says, effectively cuts off foreign investment for anything to do with direct sales to consumer. Lupker also outlined the effects it may have on the local e-commerce companies and how they can manage to comply with this new policy.

Continue reading Indonesia’s Ministry of Trade May Have Banned Foreign Investment for E-Commerce Companies