How to Prepare a Foreign Worker Utilization Plan: Hiring in Indonesia
MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.
Indonesia to Build Electric Vehicle Battery Plant, Production Starting in 2023
Indonesia will build its first electric vehicle battery plant and aims to begin production by 2023, in a project estimated to be valued at US$9.8 billion.
Import and Export Procedures in Indonesia – Best Practices
Indonesia has made serious efforts to improve its import and export procedures as the country targets to become the fourth-largest economy by 2045.
Indonesia’s Omnibus Law: Provisions on Minimum Wage
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
Indonesia’s Omnibus Law: Provisions on Special Economic Zones
Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.
Tokopedia and Gojek Merger Creates Indonesia’s Largest Digital Services Company
Indonesia’s biggest internet companies Gojek and Tokopedia announced a US$18 billion merger in what is the country’s largest-ever business deal.
Indonesia Increases Paid-up Capital Requirements for Foreign Companies
Indonesia’s Investment Coordinating Board issued BKPM Regulation 4 of 2021 regarding an increase of paid-up capital requirements for foreign investors.
Indonesia’s Omnibus Law: The New Unemployment Benefit Program
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Indonesia Establishes New Investment Ministry
Indonesia’s government has established a new Investment Ministry, as the president initiates another cabinet reshuffle.
Indonesia’s Omnibus Law: Risk Based Business Licensing
Indonesia’s Regulation 5 of 2021 introduces a risk-based approach to the issuance of business licenses.