A group of e-commerce business players have raised concerns over a draft regulation prepared by the Trade Ministry, saying that the legislation had the potential to prevent small e-commerce business from growing.

Bank Indonesia has issued Regulation 17/3/PBI/2015 concerning the mandatory use of the rupiah within the Indonesian territory, which applies to cash transactions as of March 31 2015 and non-cash transactions as of July 1 2015. The regulation implements the Currency Law (7/2011).

An executive director in the Lippo Group, Mr John Riady spearheads the family business' e-commerce drive. The group, whose chairman is Mr Riady's grandfather Mochtar Riady, has diverse interests in areas such as property, media, hospitals, education, cinemas and now e-commerce, among others.

Indonesia’s lawmakers are planning to start deliberations on a new law that would address the rapid growth of smartphone-based transportation applications. The new law would regulate the increasingly popular services, which otherwise fall into a grey area in the country’s existing transport...

Bank Indonesia (BI), Indonesia’s central bank, has introduced new measures to stabilise the value of the Indonesian Rupiah (IDR) and implement Indonesia’s Currency Law. The regulations will impact on all companies operating in Indonesia, including shipping and ports services companies.

The latest survey of Bank Indonesia shows that consumer confidence in Indonesia has fallen in June 2015 on fears of shrinking job availability as well as declining income and business activity. Last month, the central bank’s Consumer Confidence Index fell 1.5 points to 111.3.