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With the Omnibus Law becoming effective on 2 November 2020, the Indonesian government has issued a series of regulations to guide its implementation, including what we consider to be a ‘mixed bag’ of labour reforms. We highlight the key changes under these labour reforms that employers need to consider. Read more
We set out our key observations on important Foreign Direct Investment (FDI) changes under the New Investment List that are relevant to businesses operating in Indonesia’s consumer sector. Read more
On 9 March 2021, the Agreement between the Government of the Republic of Singapore and the Government of the Republic of Indonesia on the Promotion and Protection of Investments (Indonesia-Singapore BIT) came into force after being ratified by both States. Read more
Indonesia's New Investment List contains significant changes to foreign direct investment in Indonesia, including the liberalisation of certain important business segments within the Energy, Resources and Infrastructure sectors. Read more
A new Bank Indonesia regulation seeks to implement a major overhaul of the payment licensing framework in Indonesia, in line with the digital economy framework set out in the 2025 Indonesia Payment System Blueprint. Read more
With more than 270 million people, Indonesia is home to one of the largest Muslim populations in the world. In addition to understanding the origin, contents and safety of food and beverage products, Indonesian Muslim consumers are increasingly seeking assurance for Halal products consumed by them. There is also a growing Halal industry as Indonesia … Read more
A new stamp duty law came into effect in Indonesia on 1 January 2021 through Law No. 10 of 2020 on Stamp Duty. The new law includes detailed provisions on stamp duty obligations as well as several new stamp duty objects. Read more