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TikTok won't launch cross-border e-commerce services in Indonesia amid concerns

13 Sept 21:50 Key points summarised by AI

TikTok announced it will not launch cross-border e-commerce services in Indonesia, despite plans to roll out similar initiatives in other countries like the UK and US.
This decision follows strong concerns from the Indonesian government, particularly the Minister of Cooperatives and Small and Medium Enterprises, regarding the potential negative impact on local small businesses.
Indonesian officials expressed worries that a cross-border platform could lead to an "unequal playing field and predatory pricing" due to an influx of foreign products.
TikTok reaffirmed its commitment to supporting local Indonesian micro, small, and medium-sized businesses through its existing localized TikTok Shop model, which focuses on local-to-local sales.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.