Below is a list with tagged columns and company profiles.

Today's Headlines E-commerce

  • Negative Investment List of Indonesia to Be Revised

    Negative Investment List of Indonesia to Be Revised

    The Indonesian government announced it plans to allow 100 percent foreign ownership of cold storage businesses, sugar factories, rubber manufacturing companies, and the e-commerce business by revising Presidential Regulation No. 39/2014 on the Negative Investment List. The Negative Investment List (in Indonesian: Daftar Negatif Investasi) lists the sectors that are either fully or partially closed to foreign investment. Meanwhile, the government is studying whether other sectors can also be opened (or opened up wider) to foreign investors.

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  • E-Commerce Industry Indonesia to Thrive on Smartphone & Internet Penetration Growth

    E-Commerce Industry Indonesia to Thrive on Smartphone & Internet Penetration Growth

    The e-commerce industry of Indonesia is expected to grow sharply in 2016 on the back of the continued expansion of Internet and smartphone penetration. The Indonesian E-Commerce Association (idEA) estimates that the number of Indonesian online shoppers will hit 10 million in 2016. As such, earnings in Indonesia's e-commerce industry is estimated to more than double to IDR 20 million (approx. USD $1.5 billion) next year from an estimated IDR 9 trillion in 2015.

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  • Google’s Consumer Barometer: Online Transactions in Indonesia Rise

    Google’s Consumer Barometer: Online Transactions in Indonesia Rise

    Based on a recent survey conducted by Google, online transactions in Indonesia continue to rise (particularly the purchase of goods through mobile gadgets) despite the nation’s economic slowdown and weak rupiah (which makes imported products more expensive). Henky Prihatna, Google’s Country Head for Indonesia, said the survey shows that Indonesian consumers are increasingly using Internet to purchase consumer goods.

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  • E-Commerce Company eBay to Raise its Stake in Telkom’s Metra Plasa

    eBay Inc, a US-based global commerce platform and digital payments leader, plans to raise its stake in Indonesian e-commerce firm Metra Plasa from 40 percent to 49 percent. Currently, 60 percent of Metra Plasa is owned by Indonesia's largest telecommunication and network provider Telekomunikasi Indonesia (Telkom). Telkom’s stake will thus decline to 51 percent. In 2012, eBay and Telkom (through Telkom’s subsidiary Multimedia Nusantara) established a joint venture to operate Metra Plasa.

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  • Business Opportunities in Indonesia: Online Shopping Gains Popularity

    Indonesia's e-commerce industry (online shopping) is expected to continue its rapid growth in the years ahead as more and more Indonesians have access to Internet amid the country's rising per capita GDP (resulting in a rapidly expanding middle class). Indonesians' purchasing power has expanded quickly and in combination with the popularity of the smartphone, people are increasingly purchasing consumer goods online. This was one of the conclusions drawn in an online business insight discussion organized by Google and Blibli.com in Jakarta.

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Latest Columns E-commerce

  • Tax Reforms & Incentives: Adjusting Tax Rates to Strengthen the Indonesian Economy

    Tax Reforms & Incentives: Adjusting Tax Rates to Strengthen the Indonesian Economy

    While reforms related to Indonesia’s corporate income tax rates remain in the planning stage, there is a new important regulation that will come into effect per 1 April 2019. Through Finance Ministry Regulation No. 210/PMK.010/2018 on the Taxation of Trade Transactions through Electronic System or E-commerce, which was signed on 31 December 2018, Indonesia will require e-commerce merchants (sellers) to share data with tax authorities and pay VAT and income taxes.

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  • Lemonilo CEO Shinta Nurfauzia Interviewed; Entrepreneurship & Health Awareness

    Lemonilo CEO Shinta Nurfauzia Interviewed; Entrepreneurship & Health Awareness

    Health awareness in Indonesia is at a very low level, especially in the cities, as Indonesians tend to eat too much unhealthy food and exercise too little. Therefore, health awareness is something that needs to be encouraged in Indonesia. However, government programs - such as the "Healthy Four, Perfect Five" principles - seem to have limited effect and therefore there is plenty of room for the private sector to encourage consumers to lead a healthier lifestyle. In fact, encouraging a healthier lifestyle can become part of a business model.

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  • Battle of the Retailers: Department Stores vs E-Commerce Platforms

    Battle of the Retailers: Department Stores vs E-Commerce Platforms

    After the closing of several Ramayana Department Stores and Matahari Department Stores, as well as the (planned) closing of all remaining Lotus Department Stores (per 26 October 2017) in Indonesia, Indonesia's conventional department store industry needs to come up with a new strategy or shopping concept to survive amid increasingly fierce competition from domestic and global e-commerce platforms.

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  • Jack Ma Advises Indonesia on E-Commerce, Conflict of Interest?

    Jack Ma Advises Indonesia on E-Commerce, Conflict of Interest?

    Chinese e-commerce giant Alibaba founder Jack Ma having been appointed as special advisor to the Indonesian government for the development of Indonesia's e-commerce sector has led to some concern whether it puts China's richest man in a position of conflict of interest. Ma's Alibaba Group owns big stakes in Singapore-based e-commerce giant Lazada (which operates across Southeast Asia) and Indonesian online shopping facilitator Tokopedia.

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  • Alibaba Group to Invest in Indonesia's Online Shop Tokopedia?

    Alibaba Group to Invest in Indonesia's Online Shop Tokopedia?

    Rumors are that China's e-commerce giant Alibaba Group Holding Ltd is interested to expand its business in Indonesia, attracted by the nation's per capita GDP growth as well as rising smartphone and Internet penetration. Alibaba may invest in Indonesian online shopping facilitator Tokopedia. Tokopedia, established in 2009 by William Tanuwijaya and Leontinus Alpha Edison, is one of Indonesia's biggest online marketplaces.

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  • Indonesia is the World's Fastest Growing Mobile-Commerce Market

    Indonesia is the World's Fastest Growing Mobile-Commerce Market

    A new study conducted by the Better Than Cash Alliance, a partnership consisting of governments, companies, and international organizations, shows Indonesia has now become the world's fastest-growing mobile-commerce market (m-commerce). Growth of online shopping in Southeast Asia's largest economy is attributed to the rising spending power of Indonesia's middle class as well as expanding Internet and smartphone penetration. According to the study, Indonesia's m-commerce market surged 155 percent in 2016.

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  • What Do Indonesians Do with Their Smartphones on Internet?

    What Do Indonesians Do with Their Smartphones on Internet?

    The number of smartphone users in Indonesia is rising rapidly in line with growing per capita GDP and widening Internet penetration across the Archipelago. Based on data from research institute eMarketer there were 69.4 million smartphone users in Indonesia at the end of 2016. Moreover, the number of Indonesian smartphone users is expected to grow to 103 million by 2018, which would make Indonesia the fourth-largest smartphone market worldwide after China, India and the United States.

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