cover image: INSIGHT: SOUTHEAST ASIA - Indonesia’s new e-commerce regulations take a bite out of

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INSIGHT: SOUTHEAST ASIA - Indonesia’s new e-commerce regulations take a bite out of

12 Oct 2023

Critics say the regulations to obtain a specific licence and create a separate app could disrupt the livelihoods of millions of sellers in for their e-commerce platform. [...] IN BRIEF • The ban is expected to favour the companies currently dominating Indonesia’s e-commerce • Indonesia has 64.2 million MSMEs that collectively market, such as GoTo’s Tokopedia, a homegrown comprise the equivalent of 61 per cent of the country’s tech firm; Singapore-based Sea’s Shopee; and Chinese GDP. [...] According to the Indonesian government, the new policy will invest in Indonesian e-commerce as part of the app’s promote fairer business competition. [...] The government’s overseas sellers have discovered a workaround by MSME digitalization plan strives to make domestic opening fraudulent “local shops” and shipping their products more accessible and competitive in the goods to a local warehouse in Indonesia before being market, as about 50 per cent of the products sold sent to the customer. [...] range of sectors, including the mining industry, which saw a ban on exports of raw nickel and bauxite and The government’s protectionist approach may reduce a requirement that electric vehicles produced and competition in the e-commerce market and raise sold in Indonesia be made of at least 35 per cent local prices for consumers.
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