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View all search resultsStarting Aug. 1, four of the country's largest marketplaces - Tokopedia, Shopee, Lazada and Blibli - will begin withholding income tax directly from qualifying merchants' sales, replacing the long-standing self-assessment system. By turning digital platforms into tax collectors, the government hopes to improve compliance. The challenge is whether it can formalize the digital economy without discouraging the small businesses that drive its growth.
The Trade Ministry plans to expand the definition of trade conducted through electronic systems under Trade Minister Regulation No. 31/2023 on electronic commerce to include ride-hailing services and online travel agencies (OTAs).
The ministry summoned representatives of the Indonesian E-commerce Association (idEA), whose members include Shopee, Tokopedia and TikTok Shop, to follow up on President Prabowo Subianto’s order to curb illegal imports.
The country's first e-commerce unicorn is ceasing sales of physical goods to focus on digital goods and services, citing minimal revenue contribution, shift in demand and increasing competition since the company's founding almost 15 years ago.
With 322 variations of sambal (chili sauce) across the archipelago, it is no surprise that Indonesians love the heat. From Bali’s sambal matah to Manado’s sambal roa, each region has its own specialty, mixing in unique ingredients that truly makes the sambal stand out, whatever the dish it is paired with.
The app for trading cryptoassets like Bitcoin and Ethereum plans to use the investment to add more assets as it aims to attract more users in Indonesia, where the number of crypto investors has been growing fast.
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