With fewer people traveling and visiting shops or shopping centers, the retail sector has experienced a drastic decline in income. Indonesian Shopping Center Managers Association (APPBI), reported by the Jakarta Post (28/5/2020), said that 190 malls were temporarily closed during the implementation of the PSBB. The mall closure lowers consumer visits, reducing the retailer's income [...]

Since the Covid-19 pandemic, inevitably, all forms of education have been diverted online or online to involve as few contacts as possible. This "forces" the education sector to digitize as soon as possible, including formal teaching and learning activities (schools) that must be done online, and the proliferation of online education services. Online learning activities [...]

Increasingly advanced digital technology reforms the health services sectors' landscape. Numerous health-tech services companies began to develop according to the digital era. Globally, in 2018 186 digital healthcare companies are conducting IPO with up to USD 24 billion valuations, which is a sharp increase compared to 2017, which amounted up to USD 15 billion. Galen [...]

Adaptasi teknologi digital menjadi peluang sektor jasa ke depannya. Hambatan sektor jasa yaitu mobilitas (sulit untuk diperdagangkan) dan memerlukan interaksi langsung dapat dikurangi melalui digitalisasi. Sejumlah jasa yang selama ini sulit untuk diperdagangkan lintas negara dan memerlukan interaksi langsung, seperti jasa pendidikan dan keuangan, saat ini dapat didigitalisasi sehingga mulai menjamurnya kursus online dan perusahaan [...]

Adaptasi teknologi digital telah berlangsung secara pesat selama satu dekade terakhir di Indonesia. Teknologi digital menjadi backbone ekonomi dan menjadi sumber pertumbuhan ekonomi yang baru. Adanya pandemi Covid-19 membuat peran teknologi digital menjadi sangat penting. Pemerintah telah membuat berbagai regulasi terkait teknologi, seperti Peraturan Pemerintah (PP) 71 Tahun 2019 tentang Penyelenggaraan Sistem dan Transaksi Elektronik. [...]

This month our team had several courtesy meetings. On March 13th we visited Mira Tayyiba, the expert staff of the Coordinating Ministry of Economic Affairs, discussing the implementation of the E-commerce regulations especially after the issuance of Government Regulation no. 80/2019. We also met with Iskandar Pandjaitan, the director of services trade negotiation in the [...]

ISD together with members of the Indonesian e-Commerce Association held a discussion together on March 3rd 2020 on how businesses can be impacted with PP (Peraturan Pemerintah/Government Regulation) no. 80/2019 that was introduced in November last year. The discussion mainly revolves around how to best classify e-commerce industry based on their business model. The business [...]

ISD works together with the Government Procurement Agency (LKPP) to study the Indonesian private sector’s readiness in facing the future Indonesia-EU CEPA (comprehensive economic partnership agreement) as government representatives from both sides are due to convene and negotiate in the upcoming months. As a process for our study, we convened Indonesian businesses from construction sector [...]

ISD held the dissemination of  our earlier study "Economic Assessment of Import Duty on Electronically-Transmitted Products" with representative from various IT businesses. Businesses are concerned on how the import duty on electronically-transmitted products can be implemented - which will further complicate administrative and tax procedures. The discussion was held on 28/02 at our executive office [...]

As representative of private sector, ISD was invited to the discussion on the implementation of Government Regulation (PP) 83 on 'Employment of Competent Technical Workers in Services Trade' that was held by Ministry of Trade Directorate of Negotiation in Services Trade (DPPJ Kemendag) on Friday 28/02 at Morrissey Hotel, Jakarta. We welcome the regulation's intention [...]