Omnibus Law for Mining Industry in Indonesia
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.
Construction Disputes and Their Settlement in Indonesia
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.
The First ‘Stepping Stone’ to Accelerate Foreign Investment 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.
Establishment of Foreign Construction Service Companies 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.
Do this so that the Composition Plan is not Rejected by Creditors
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?
P2P (Peer to Peer) Lending
P2P Lending combines internet technology and financial services aimed at improving and automating the delivery of financial services.
Establishment of Foreign Company in Indonesia
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
APEC to strengthen regional economic integration
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 Strengthen Economic Ties to Weather Trade War
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