Indonesia scraps e-commerce from negative list but caps foreign ownership at 33%

Indonesia scraps e-commerce from negative list but caps foreign ownership at 33%

Photo by Stuart Miles. Image ID: 10055016 Freedigitalphotos.net

Removing the fast-growing e-commerce sector from its negative list, the Indonesian government has thrown open the sector for foreign investors but has capped their holding to a maximum 33 per cent.

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