Indonesian Political, Business & Finance News

Archive: 11 December 2015

3 articles found

BKPM Eyes Foreign Ownership Expansion in E-Commerce

Foreign ownership of online marketplace platforms, such as Tokopedia and motorcycle taxi app Go-Jek, is under review by the government with an eye on expansion, a top official said. Foreign ownership of online commerce companies is currently banned in Indonesia — a regulation likely to be revised next year as part of the government's efforts to foster growth in the country's digital ecosystem.

Uber spread false information: Organda

Jakarta Organization of Land Transportation Owners (Organda) has countered Uber's recent official statement that Jakarta Governor Basuki "Ahok" Tjahaja Purnama had given a green light to the ride-booking company to operate in the capital. According to Jakarta Organda chairman Shafruhan Sinungan, Uber had released false information and the agency would therefore report the company to the police.

Uber spread false information: Organda

Jakarta Organization of Land Transportation Owners (Organda) has countered Uber's recent official statement that Jakarta Governor Basuki "Ahok" Tjahaja Purnama had given a green light to the ride-booking company to operate in the capital. According to Jakarta Organda chairman Shafruhan Sinungan, Uber had released false information and the agency would therefore report the company to the police.