Religious Holiday Allowances in Indonesia: Enhancing Partnership Work Relationships
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Religious Holiday Allowances in Indonesia: Enhancing Partnership Work Relationships

Understanding Religious Holiday Allowances Over quite many years, the Indonesian government has mandated that employers provide religious holiday allowances (Tunjangan Hari Raya – “THR”) to their employees based on their respective religions. The compulsory provision of religious holiday allowances is outlined in several regulations concerning employment matters, including Law Number 13 of 2003 concerning Employment,…

Social Security and Employee Welfare in Indonesian Employment Practices
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Social Security and Employee Welfare in Indonesian Employment Practices

Indonesia’s employment landscape is marked by a dynamic interplay of socio-economic factors, where social security and employee welfare emerge as pivotal elements. Social security essentially refers to protective measures provided by the state to ensure the well-being of its workforce, encompassing aspects such as health insurance, retirement benefits and workplace safety. Concurrently, employee welfare delves…

Overcoming Roadblock Issues in the Mining Business: Legal Steps
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Overcoming Roadblock Issues in the Mining Business: Legal Steps

The mining industry, as a vital pillar of Indonesia’s economy, has played a significant role, primarily in terms of generating revenue and creating employment. However, despite its prominent role in the economy, this industry often faces challenges that hinder business progress, one of which is the roadblock issue in mining activities. The rise of roadblock…

ESG and the Future of Business: Why Is It Important?
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ESG and the Future of Business: Why Is It Important?

Nowadays, business is no longer solely about financial figures such as revenue growth, profit and loss. Instead, in this increasingly complex modern era, the perspective has shifted, where sustainability and social responsibility have become crucial elements in assessing the success of a business. In other words, businesses today must be more than just profit-generating entities;…

Carbon Offset: Addressing Climate Change and Optimizing Economic Potential
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Carbon Offset: Addressing Climate Change and Optimizing Economic Potential

As is known, the consequences of climate change have impacted people’s lives. To address climate change and its impacts, the Government of Indonesia has committed to contributing to the reduction of Greenhouse Gas (“GHG”) emissions. In measuring climate change mitigation efforts, carbon serves as an important indicator which is reflected in the Nationally Determined Contributions…

Key Takeaways: Legal Insight on Project Finance in the Power Plant Industry
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Key Takeaways: Legal Insight on Project Finance in the Power Plant Industry

We are delighted to inform you that our Senior Partner, Aditya Kesha Wijayanto, was present as a speaker at the Petromindo Conference on 24 May 2023. On that occasion, he spoke about Legal Insight with the theme “Project Finance in the Power Plant Industry”. The following are the main points of the discussion:  A. General…

Handling Employee Fraud:101
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Handling Employee Fraud:101

What is Employee Fraud? From a company perspective, employee fraud is commonly understood as a deliberate fabrication, which causes the victim (the employer) to suffer economic loss while allowing the perpetrator (the employee) to gain an illegitimate benefit. Common examples of employee fraud range from misappropriation of assets (e.g., stealing inventory, or obtaining fraudulent payments)…

Religious Holiday Allowance in Indonesia
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Religious Holiday Allowance in Indonesia

What is Religious Holiday Allowance? Religious Holiday Allowance or Tunjangan Hari Raya (“THR”) is a mandatory non-wage income or employee’s income outside of the basic wages that must be paid by the company to employees ahead of religious holidays. THR is given by the company to employees in accordance with their respective religious holidays. Eligibility…

Investment Opportunities in the Rubber Industry Amid the Domination of the Motor Vehicles Market in Indonesia
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Investment Opportunities in the Rubber Industry Amid the Domination of the Motor Vehicles Market in Indonesia

Increase in the Number of Motorized Vehicles and the Quality of Tires in Indonesia Motorized vehicles are a mode of transportation that is inseparable from people’s activities, especially in Indonesia with a population of 257.77 million people, as recorded in data from the Central Statistics Agency (BPS) in 2022. As of last December 31, the…

Lost in Nickel Lawsuit at the WTO, Indonesia Forced to Export Raw Nickel?
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Lost in Nickel Lawsuit at the WTO, Indonesia Forced to Export Raw Nickel?

EU Lawsuit Against Indonesia at the WTO Based on data from the United States Geological Survey (USGS), Indonesia is the world’s largest nickel producer as in 2021 Indonesia has become the world’s highest exporter of raw nickel ore with a total of more than 21 million metric tons, which is equivalent to USD 20 billion…