Indonesia to Prepare Positive Investment List
Indonesia’s government is preparing a draft Presidential Regulation on investment business fields — dubbed the positive investment list.
Indonesia’s Digital Economy Attracts Investments from US Tech Giants
US tech giants Tesla, Google, and Amazon have shown interest in investing in Indonesia, in particular, in its digital economy and electric vehicle industry.
Why Indonesia is an Exciting Investment Destination for US Investors
Indonesia and the United States have enjoyed bilateral relations that stretch from 1949, with annual total trade valued at US$30 billion.
Company Practices to Follow When Terminating an Employee in Indonesia
We discuss Indonesia’s Labor Law provisions on the termination of employment contracts and steps companies can take to minimize the risk of disputes due to unfair termination practices.
Incentives for Doing Business in Indonesia
Indonesia has enhanced and improved the incentives offered to businesses in a bid to spur foreign and domestic investments into the country.
Indonesia Preparing Incentives to Woo Investors for New Capital City
Indonesia is preparing incentives to attract foreign investments to support building its ambitious new capital city, Nusantara.
Can Indonesia’s Sovereign Wealth Fund Attract Foreign Investors?
Unlike other sovereign wealth funds, Indonesia’s sovereign wealth fund explicitly seeks foreign co-investors to capitalize the fund rather than rely on commodity revenues.
The Philippines Imposes New 12% VAT Rate on Exporters
The Philippines’ Revenue Regulation No. 9-2021, which introduces a 12 percent value-added tax (VAT) rate on certain sales transactions that were previously taxed at zero percent.
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.