The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Indonesia to exclude books, films from ban on imported products in e-commerce: minister

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 1, 2023 · 07:56 PM
    • Indonesia has banned imports of any product worth below US$100 via e-commerce platforms, but the exceptions for certain goods, such as books and films, will soon be issued by the trade ministry, Economic Affairs Minister Airlangga Hartarto says.
    • Indonesia has banned imports of any product worth below US$100 via e-commerce platforms, but the exceptions for certain goods, such as books and films, will soon be issued by the trade ministry, Economic Affairs Minister Airlangga Hartarto says. PHOTO: REUTERS

    INDONESIA will exclude books, films, software and music from its ban on imported products below US$100 on e-commerce platforms, a senior minister said on Wednesday (Nov 1).

    Indonesia since September has banned imports of any product worth below US$100 via e-commerce platforms. The exceptions for certain goods, such as books and films, will soon be issued by the trade ministry, Economic Affairs Minister Airlangga Hartarto said in a statement.

    The South-east Asia’s nation, with its tech-savvy population of more than 270 million, is a major market for regional e-commerce firms such as Sea’s Shopee and Alibaba’s Lazada.

    The measure also came after Indonesia banned e-commerce transactions on social media platforms in September, a major blow to short video app TikTok, owned by China’s ByteDance. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More