In accordance with Regulation Number 31 of 2023 of the Minister of Commerce on Business Licensing, Advertising, Guidance and Supervision of Business Actors in Trading via Electronic Systems, the Indonesian Ministry of Commerce will consider TikTok's application for a new business license for purchasing and providing sales transaction servicesStarting Wednesday at 5pm WIB, TikTok Shop Indonesia will no longer accept e-commerce transactions due to the newly introduced regulation.The company has not announced what will happen after the TikTok Shop stops accepting e-commerce transactions. Budi Arie Setiadi, Minister of Communications and Information, said his party supervises electronic system operators (PSEs) under Law No. 19/2016, which modifies law no. 11/2008.The ministry will punish PSEs who break these rules. The closure of TikTok Shop Indonesia has created discontent among users.Some experts believe that this could encourage access to other alternative e-commerce platforms, as confirmed by the CEO of Momentum Work, Jianggan Li regarding the application of regulation no. 31/2023 of the Minister of Commerce.Link di fonte: https://www.kompas.id/baca/ekonomi/2023/10/04/kemendag-terbuka-pengurusan-izin-usaha-e-dagang-dari-tiktok (ICE GIACARTA)

Fonte notizia: Kompas - 5 October 2023