The President of the Republic of Indonesia, Joko Widodo, said that one of the important concerns in his term of office in the 2019-2024 period was to invite the DPR-RI to issue the Omnibus Law. Omnibus Law is expected to be the answer to revising overlapping laws that obstruct investment and business in Indonesia.

At the end of 2019, the government is more vigorous in attracting both domestic and foreign investors to invest in Indonesia. Having previously enacted a ‘tax holiday’ policy package, the government through Presidential Instruction of the Republic of Indonesia Number 7 of 2019 concerning the Acceleration of Ease of Business (Inpres 7/2019) instructs all the ministers/heads of institutions to draft regulations aimed at simplifying business licensing process and providing investment incentives for investors.

For companies that are already on the verge of bankruptcy, with debts of billions and even trillions of rupiahs, and financial conditions that are predicted to not make them be healthy, who says there is no hope of operating again?

Trade ministers from member economies of the Asia Pacific Economic Cooperation (APEC) are convening in Chile, host of the APEC 2019, to strengthen regional economic integration, against a backdrop of slowing trade growth.

Indonesia and Argentina have agreed to double the value of bilateral trade between then to $3.4 billion within the next two years as both countries seek alternative destinations for their commodities amid a global trade war

Following PTBA’s plan to build two coal gasification plants in Sumatra, company president director Arviyan Arifin said he expected the studies to be completed by the end of the month.

Indonesian state energy firm PT Pertamina has signed a production sharing contract with the government for the country’s second-largest crude producing field.

In trying to reduce Indonesia’s decade-long oil trade deficit, the government is facilitating oil and gas companies that have won contracts to accelerate their investment in their blocks even before the transfer of operation.

Royal Dutch Shell is moving to sell its stake in Indonesia's US$15 billion Abadi liquefied natural gas (LNG) project, industry and banking sources said, following on from an asset disposal programme that has raised more than US$30 billion.

APROBI estimates the country may export up to 2 million kilolitres (kl) of unblended biodiesel in 2019 in an “optimistic scenario”

The World Health Organization on Wednesday, March 11, 2020, declared that COVID-19 is a pandemic. Business is most likely to experience the effect. If a businessman cannot perform contractual obligations as a result of the COVID-19, force majeure clauses will be very important.

The government commits to realizing the ‘equitable construction sector’ by issuing Law No. 2 of 2017 on Construction Services ("Construction Law") as a legal instrument that guides the implementation of construction services in Indonesia.

Under the Construction Law (Law No. 2 of 2017 on Construction Services), it is possible for foreign construction companies to operate their business in Indonesia with special requirements. There are several aspects to consider prior to establishing foreign construction companies in Indonesia.

P2P Lending combines internet technology and financial services aimed at improving and automating the delivery of financial services.

Foreign Investment under Investment Law is defined as any investing activities in running businesses within the territory of the Republic of Indonesia carried out by any foreign investors (including foreign citizens, foreign corporations, or foreign states) which are either entirely made up of foreign capital or made up of joint capital between foreign and domestic capital

The Minister of Energy and Mineral Resources of the Republic of Indonesia (“MEMR”) has issued Regulation of the MEMR Number 43 of 2018 (“Regulation 43/2018”) which amends Regulation of the MEMR Number 09 of 2017 on Procedures for Shares Divestment and Mechanism for Determination of Divested Shares Price for Coal and Minerals-Mining Business Activities.