SEAToday.com, Jakarta - Bank Indonesia (BI) noted that e-commerce transactions in Indonesia reached IDR42.2 trillion as of October 2023. In a press conference on Thursday (11/23), BI Deputy Governor Filianingsih Hendarta revealed that this figure grew by 10.69 percent month-on-month (mtm) or 4.99 percent year-on-year (yoy).
According to her, e-commerce transactions increased due to several factors, including the increasingly widespread culture of shopping at online stores and promotions, especially during the twin dates. Meanwhile, the products that recorded the highest transactions in e-commerce were fashion, personal care, cosmetics, and household and office supplies.
On the same occasion, BI Governor Perry Warjiyo said that e-commerce transactions increase the acceleration of money circulation so that people's efficiency and productivity increase. In addition, e-commerce transactions are said to help control inflation as the prices of goods in online stores tend to be cheaper.
Recommended Article
State Owned Enterprise
Top 10 SOEs on 2024 Fortune Southeast Asia 500, Telkom Indonesia...
A total of 20 state-owned enterprises (SOEs) are listed in the Fortune Southeast Asia 500 2024. Indonesia’s largest telecommunications company Telkom Indonesia (@telkomindonesia) was also included in the top 10 list
TransJakarta Extends Operational Hours of Soekarno-Hatta Airport...
TransJakarta extended its service time until midnight for the corridor with destination to the Soekarno-Hatta International Airport, starting Wednesday (6/19).
SOEs Ministry Tries Out Four Days in Workweek System
The State-Owned Enterprises (SOEs) Ministry is testing the implementation of a four-day workweek. This was shared on Instagram @lifeatkbumn on Saturday (6/8).
ESG
5 Simple Steps for Sustainable Lifestyle
Five practical ways to embark on a sustainable lifestyle.
Practical Tips for Household Waste
Sorting household waste is an essential step towards reducing waste generation and promoting environmental sustainability.
Understanding Non-Organic Waste
Non-organic waste refers to discarded materials that are difficult to decompose.
Cash for Trash: Turning Used Plastic Bottles into Rewards
Reverse Vending Machine (RVM) merupakan mesin untuk melayani penukaran botol plastik di fasilitas umum dengan menggunakan sistem poin lewat aplikasi Plasticpay.
Popular Post
Top 10 SOEs on 2024 Fortune Southeast Asia 500, Telkom Indonesia...
A total of 20 state-owned enterprises (SOEs) are listed in the Fortune Southeast Asia 500 2024. Indonesia’s largest telecommunications company Telkom Indonesia (@telkomindonesia) was also included in the top 10 list
Trade Ministry Ready to Support Freeport’s Second Smelter in Gres...
The Trade Ministry is ready to support PT Freeport Indonesia (PTFI) ahead of the operation of its second smelter in Gresik, East Java.
Minister Airlangga: VAT to Increase to 12 Pct. Starting 2025
Minister Airlangga said VAT to Increase to 12 Pct. Starting 2025
Telecommunication
Top 10 SOEs on Fortune Southeast Asia 500 List 2024
A total of 20 state-owned enterprises (SOEs) are included in the Fortune Southeast Asia 500 2024 list.
More Than 2000 Travelers Join The Free Eid Homecoming Program Org...
More Than 2000 Travelers Join The Free Eid Homecoming Program Organized by Telkomgroup
Telkom to launch HTS satellite on February 20, 2024
PT Telkom Indonesia (Persero) Tbk through its subsidiary Telkomsat will launch a satellite with High Throughput Satellite (HTS) technology.