It is a great honor for PTPN V to be invited to join a consortium of Edibleoilexchange.com where its members comprise four other world class companies, viz. Cargill, Felda, Kuok, and Sinar Mas. The formation of the consortium is underway but it is important to disseminate the information on e-commerce (EC). It is our aim to establish a web site, where agricultural inputs or agricultural products buyers or sellers are possible to do business just at once and simply by clicking the computer�s button. EC is defined as doing business over internet. As the development of the internet is faster than any other previous technologies, then the development of EC is estimated in seconds, more turbulence, unpredictable and risky.

Many success stories on EC, however, those who failed are more. Nevertheless, there are still many new comers try to practice their entrepreneurship in this novel business. As a new form of business, EC has some problems such as taxation, cyber law, security and absence of global regulation. Tax exemption like what the US did was a good incentive for the proliferation of EC. Indonesia tends to be left behind.