Illustration (Photo:Medcom/M Rizal)
Illustration (Photo:Medcom/M Rizal)

President Jokowi to Issue Government Regulation on e-Commerce

English indonesian economy (en)
Eko Nordiansyah • 08 November 2018 16:39
Jakarta: The Coordinating Ministry for Economic Affairs has hinted that President Joko "Jokowi" Widodo would soon issue the Government Regulation on e-Commerce.

"We are still waiting for the right time," the ministry's creative economy, entrepreneurship, co-operative and SME deputy Mohammad Rudy Salahuddin told reporters on Thursday.

"We have instructed ministries and agencies to prepare the supporting regulations," he added.

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For Indonesia, the creative economy sector has contributed more than 7.4% of Indonesia's GDP. In addition to that, The creative economy industry has absorbed nearly 17 million workers. Go-Jek, Traveloka, Tokopedia and Buka Lapak are Indonesian startups with Unicorn status. All of them are e-commerce startups.

The government regulation is aimed to boost e-commerce industry in the country. It is also expected to provide legal certainty to all stakeholders.


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