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Omnibus Law in Indonesia

The idea of Omnibus Law is considered by many as a major attempt to achieve the government’s objective to accelerate Indonesia’s economy growth by attracting more investment and improving the ease of doing business in Indonesia. The government has finally decided to drastically act upon the long ingrained issues that have been deterred foreign investment […]

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Revision to the Wage Scheme in Accordance with the Intended Omnibus Law

Current Wage Scheme In purpose to increase competitiveness and boost up the investment in Indonesia, the Government of Indonesia, under the leadership of President Joko Widodo, plans to change the wage scheme for employee with a view to increasing. The current wage scheme in Indonesia is regulated under Government Regulation No. 78 of 2015 on

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e-Court, A Legal Breakthrough in the Era of the Industrial Revolution 4.0

Modern society lives in the era of information technology which nowadays is called the era of industrial revolution 4.0. The support provided by the government in the development of information technology must also be followed by legal developments, so it will give maximum benefit to the public and attract investors to Indonesia. One of the

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Viability Gap Funding: Increasing Attractiveness of PPP Infrastructure Projects in Indonesia

At A Glance The Government of Indonesia has been focusing to boost public-private partnership infrastructure projects (“PPP Project(s)”) investment in Indonesia since the enactment of Presidential Regulation No. 38 of 2015 on Cooperation between Government and Business Entity in Infrastructure Provision (“PR 38/2015”). Referring to the Public-Private Partnerships: Infrastructure Projects Plan in Indonesia issued by

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The Year of Mergers and Acquisitions in Indonesia’s Banking Industry: Key Takeaways

Year 2019 is expected to be the year of consolidation in banking industry of Indonesia, as many foreign investors have shown interest in entering merger and/or acquisition (“M&A“) transaction to acquire local banks. Legal issues that need to be focused on by business players to capitalize the impact of M&A towards the banking performance, are

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An Overview on Peer-to-Peer Lending in Indonesia

Two years following the enactment of Financial Service Authority (Otoritas Jasa Keuangan/”OJK“) Regulation No. 77/POJK.01/2016 of 2016 (“POJK 77/2016″), Peer-to-Peer Lending or also known as“P2P Lending”has grown popular in Indonesia. Based on data from OJK per October 2018, a total of IDR 15,990,143,141,355 has been distributed to the borrowers in P2P Lending. It has grown

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Investment in Indonesia: Recent Updates in Indonesian Dispute Resolution for Investors in Indonesia

Nowadays, Indonesia as a developing country has become a potential country for investment among foreign investors. However, due to a fluctuated economic condition, the business risk for investment has also growing along with the chances of gaining benefit from the investment itself. In order to address this risk, the consideration to choose the dispute resolution

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New Discretion on Market Place Business Activities

The development of e-commerce industries in Indonesia has been rapidly increasing, this is shown by nearly 1,700 start-up companies have been established in Indonesia and making Indonesia the fourth largest country in the world with the largest number of start-up companies. The rapid development of e-commerce industries in Indonesia has also successfully resulted the establishment

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Better Provisions of Power Purchase Agreement as Required by New Regulation

Indonesia nowadays is trying to boost the investment by focusing on the infrastructure sector. Being a nation with so many islands spread throughout the territory, many areas are not supported with good infrastructures including lack of adequate electricity system. This issue has attracted many investors to help supplying the electricity to hard to-reach cities. In

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New Foreign Direct Investment Regulation in Indonesia

Indonesia Investment Coordinating Board (“BKPM”), as the authorized government institution for (among others) foreign direct investment, has issued Head of BKPM Regulation No. 13 of 2017 regarding Guidelines and Procedures of Investment Licensing and Facilities (the “New BKPM Regulation”) on 4 December 2017. The New BKPM Regulation is effective for Central One Door Integrated Service

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