Trapped in 5% Growth
Jakarta Post, December 16 2019 Most economists, including those of the World Bank and international banks, have predicted Indonesia will continue to be stuck in the 5-percent growth lane this year and 2020 amid worldwide policy uncertainty, subdued global growth and international trade tensions and protectionism. Though a 5-percent expansion is still respectable and is […]
Seven Things You Need To Know About the New E-Commerce Regulation
Source: Jakarta Post, December 12 2019 Government Regulation No. 80/2019 on e-commerce came into effect immediately after being signed by President Joko “Jokowi” Widodo on Nov. 25 and applies to domestic and foreign e-commerce companies alike. The regulation lays out a number of rules related to licensing, data, consumer protection, taxation and local products, among […]
Jokowi wants Trump-style Deregulation in Indonesia
Source: Jakarta Post, November 11 2019 By: Marchio Irfan Gorbiano President Joko “Jokowi” Widodo has instructed his ministers to slash regulations for every new rule issuance, inspired by a story shared with him by US Secretary of Commerce Wilbur Ross about President Donald Trump’s deregulation agenda. Jokowi, who spoke in a Cabinet meeting on Monday […]