Would you like to receive notifications on latest updates of the following headlines?

Why We Ban Goods Transaction On Social Media - Indonesia Govt.

POSTED ON September 27, 2023 •   GLOBAL NEWS      BY Samuel O . Adeniyi

The Indonesian government has banned goods transactions on social media platforms, in a move to protect traditional retail and support the country's digital economy.

The ban, which was announced on September 27, 2023, will take effect immediately. It applies to all social media platforms, including Facebook, Instagram, Twitter, and TikTok.

Under the new regulations, social media platforms will only be allowed to host online marketplaces where sellers can display their products and services.

However, they will not be allowed to facilitate direct transactions between buyers and sellers.

The Indonesian government says that the ban is necessary to protect traditional retailers from unfair competition from online retailers.

The government also says that the ban will help to support the country's digital economy by ensuring that all online transactions are processed through authorized e-commerce platforms.

The ban has been met with mixed reactions from social media users and businesses. Some users have welcomed the move, saying that it will help to create a fairer and more level playing field for all businesses.

Others have criticized the ban, saying that it will stifle innovation and hurt small businesses that rely on social media to sell their products.

Some businesses have also expressed concerns about the ban. For example, TikTok, which is one of the most popular social media platforms in Indonesia, has said that the ban will have a negative impact on its business.

The Indonesian government has said that it is committed to working with social media platforms to implement the new regulations. The government has also said that it will provide support to traditional retailers to help them transition to online sales.

It remains to be seen how the ban will be implemented and how it will impact the Indonesian economy.

However, it is clear that the Indonesian government is serious about protecting its traditional retail sector and supporting its digital economy.

0
READ ALSO
Police Enforce Total Vehicle Ban on Election Day to Ensure Safety
BY Abiodun Saheed Omodara July 10, 2025 0

LAGOS, Nigeria - Ahead of the local government elections set for Saturday, July 12, 2025, the Lagos...

READ ALSO
IRCC Raises Minimum Proof of Funds for Immigrants: New Threshold Set at CAD $15,262
BY Abiodun Saheed Omodara July 10, 2025 0

Immigration, Refugees and Citizenship Canada (IRCC) has initiated a review of the settlement fund cr...

READ ALSO
Nigeria Urges U.S. to Reassess New Visa Restrictions Amid Concerns Over Reciprocity
BY Abiodun Saheed Omodara July 10, 2025 0

The government of President Bola Tinubu has called on the U.S. government to reassess its visa restr...

READ ALSO
Vigilante Leader Vows to Continue Fight against Banditry Despite Heavy Losses
BY Abiodun Saheed Omodara July 9, 2025 0

A vigilante leader in Wase Local Government Area of Plateau State, Abdullahi Hussaini, has pledged t...

READ ALSO
U.S. Reduces Visa Duration for Nigerians to Three Months
BY Abiodun Saheed Omodara July 8, 2025 0

The U.S. Department of State has changed its five-year visa policy for Nigerians applying for non-im...

READ ALSO
African Democratic Congress Claims Government Coercion to Weaken Opposition Coalition
BY Abiodun Saheed Omodara July 8, 2025 0

The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of ta...

READ ALSO
Tinubu Calls for Equitable Global Framework at BRICS Summit
BY Abiodun Saheed Omodara July 8, 2025 0

President Bola Tinubu has advocated for a more equitable global framework regarding climate action,...

READ ALSO
LASG Takes Action, Dismantled  Illegal Checkpoints Along Badagry Expressway
BY Abiodun Saheed Omodara July 7, 2025 0

LAGOS, Nigeria - The Lagos State government has dismantled illegal checkpoints along the Lagos&ndash...

OUR CHANNELS:

Ex-D’Tigers coach Brown sets goals for new job
BY Abiodun Saheed Omodara July 9, 2025 0

The former head coach of the Nigerian men's national basketball team, D'Tigers,Mike Brown,has s...


U.S. Reduces Visa Duration for Nigerians to Three Months
BY Abiodun Saheed Omodara July 10, 2025 0

The U.S. Department of State has changed its five-year visa policy for Nigerians applying for non-im...


JAMB Sets 2024 Cut-Off Marks for Tertiary Institutions
BY Abiodun Saheed Omodara July 10, 2025 0

The Joint Admissions Matriculation Board announced the admission cut-off marks for universities, pol...


Federal Government Launches Exclusive Passport Office for Senior Officials
BY Abiodun Saheed Omodara July 10, 2025 0

ABUJA, Nigeria - The federal government on Tuesday, inaugurated a new passport front office in Abuja...


African Democratic Congress Claims Government Coercion to Weaken Opposition Coalition
BY Abiodun Saheed Omodara July 9, 2025 0

The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of ta...


FG Urges Judiciary to Strengthen Capital Market for Economic Growth
BY Abiodun Saheed Omodara July 9, 2025 0

The Federal Government has called on the judiciary to take a proactive role in strengthening the cap...


Reinventing Nigeria’s Fiscal Framework: A Call for Unity and Responsibility
BY Abiodun Saheed Omodara July 10, 2025 0

President Bola Tinubu has emphasized his government's dedication to allocating sufficient resources...


CBN Mandates Capital Restoration Plans for Banks: A Step Towards Regulatory Compliance
BY Abiodun Saheed Omodara July 8, 2025 0

The Central Bank of Nigeria has instructed banks to provide a capital restoration plan as part of it...


Nigeria Faces Teacher Shortage: Over 31 Million Learners Rely on Just 915,913 Educators
BY Abiodun Saheed Omodara July 9, 2025 0

According to data from the Universal Basic Education, only 915,913 teachers are available for at lea...


Tinubu Calls for Equitable Global Framework at BRICS Summit
BY Abiodun Saheed Omodara July 10, 2025 0

President Bola Tinubu has advocated for a more equitable global framework regarding climate action,...


More Articles

Load more...

Menu