Indonesia plans to scrap e-commerce from negative investment list, move will allow more foreign funding for online businesses

Indonesia plans to scrap e-commerce from negative investment list, move will allow more foreign funding for online businesses

Triawan Munaf (Photo by Cabinet Secretary)

The Indonesian government plans to scrap e-commerce business from its negative investment list, a move that will allow foreign investors to enter this industry, a government official told DEALSTREETASIA. The new rule could come into effect in early 2016.

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