Indonesia Lifts Foreign Ecommerce Restrictions

Restrictions have been lifted for companies selling food and household goods

Ecommerce opportunities have increased in Indonesia, as several sectors have had their restrictions on foreign investment lifted. Whilst aspects of the last set of regulations meant that e-retail businesses were completely off limits to foreigners, the new rules mean that companies that fall under any of the specific business models mentioned in the legislation are now open to foreign ownership. This means that any online business dealing in food or household goods is open to the new oppotunities, whilst those dealing in alcohol are not. David Alexander, a spokesperson for the Indonesian ecommerce association, said that “foreign investment brings positive impact to the ecommerce industry in Indonesia”, which he added would bring experience and knowledge to the local market. 

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