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Dream - Minister of Cooperatives and Small and Medium Enterprises (Menkop UKM) Teten Masduki said that Indonesia has received praise from the world for the decision to ban TikTok Shop. According to him, even a country as big as the United States (US) cannot do it.
The following is the translation of the given 'Bahasa' text to 'English' while preserving the HTML tags: "words from Teten during the Work Meeting (Raker) with the VI Commission of the DPR in Jakarta, quoted from Liputan6.com, Thursday, November 23, 2023."
Teten also revealed that Indonesia's digital economy potential is enormous, with a value that could reach Rp5,400 trillion in 2023. This value becomes the largest in Southeast Asia. However, in reality, the current condition is quite worrying because the national e-commerce market is actually dominated by foreigners.
From that perspective, Teten proposed a separation between social media and e-commerce. Just like what was done to TikTok. "In e-commerce, our digital presence is already over 60%, and the revenue is dominated by foreigners, and the worst part is the media," he emphasized.
The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: It is mentioned that the number of TikTok users in Indonesia has reached up to 123 million. Initially, TikTok users were only for entertainment purposes. However, TikTok is trying to enter the sales platform by targeting those 123 million users.
"ungkap Teten." translates to "revealed Teten."
If TikTok Shop wants to operate again in Indonesia, Teten emphasizes that there must be certain requirements fulfilled. "They can reopen because we even allow 100% investment in e-commerce, but if TikTok wants to reopen, the requirement is that they must have an Indonesian legal entity and obtain a license because this is considered risky," he firmly stated.
Teten asserts that the government is not shutting down TikTok but only its selling platform, namely TikTok Shop. This is because the platform is considered to violate regulations in Indonesia. The closure is intended to create fair policies among e-commerce.
Firm Teten.
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