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The COVID-19 outbreak has continued to impact digital media consumption worldwide. Internet platforms, such as e-commerce, now play a pivotal role in our daily lives. On the bright side of current situations, e-commerce is growing all over the world, including in Indonesia. This is because behavioral shifts amongst Indonesians to choose online platforms as their safest place to conduct their daily activities, such as shopping, working or just meeting with some friends.
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Whenever Indonesia Investments discusses or illustrates the risks that are involved in Indonesia’s investment environment, we usually take the 2009 Mining Law as an example to illustrate the lack of legal certainty in Indonesia. Lack of legal certainty is one the key obstacles in Indonesia’s investment environment, and has therefore been undermining investment realization in Indonesia.
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It is less than one week before the celebration of an important Islamic religious holiday: Eid al-Fitr, commonly known as “Lebaran” in Indonesia. It is a day to glorify renewed hope. And, just like other religious days, it is a very essential day, and the most momentous celebration of the year in Indonesia.
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The novel coronavirus (COVID-19) outbreak has caused something extraordinary in Indonesia, and in the world; something we had not seen – in the case of Indonesia –since the Asian Financial Crisis in the late 1990s, namely: a sudden and dramatic drop in household consumption and business activity. Due to government policies, designed to prevent the spread of COVID-19 in the country and thereby safeguarding people’s health, the movement of people is heavily restricted, while companies in a wide range of sectors have had to close their doors (until further notice).
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Pendapat yang diungkapkan di bagian ini adalah pandangan penulis pribadi atau orang yang diwawancarai dan tidak mencerminkan pandangan Indonesia Investments. Para penulis bebas untuk mengemukakan pendapat mereka menyangkut iklim sektor bisnis di Indonesia. Fakta yang disajikan di dalam kolom ini adalah hasil penelitian penulis sendiri atau diambil dari sumber yang ditunjukkan, baca ketentuan umum.