Other Briefings
Indonesia’s Omnibus Law: Provisions on Minimum Wage
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
Indonesia’s Omnibus Law: Provisions on Special Economic Zones
Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.
Tokopedia and Gojek Merger Creates Indonesia’s Largest Digital Services Company
Indonesia’s biggest internet companies Gojek and Tokopedia announced a US$18 billion merger in what is the country’s largest-ever business deal.
Indonesia Increases Paid-up Capital Requirements for Foreign Companies
Indonesia’s Investment Coordinating Board issued BKPM Regulation 4 of 2021 regarding an increase of paid-up capital requirements for foreign investors.
Indonesia’s Omnibus Law: The New Unemployment Benefit Program
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Indonesia Establishes New Investment Ministry
Indonesia’s government has established a new Investment Ministry, as the president initiates another cabinet reshuffle.
Indonesia’s Omnibus Law: Risk Based Business Licensing
Indonesia’s Regulation 5 of 2021 introduces a risk-based approach to the issuance of business licenses.
UK and Indonesia Promote New Economic Ties
The UK and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening their trade and investment links.
Changes to Social Security Rates in Indonesia for 2021
Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
Indonesia’s Omnibus Law: Significant Changes for Contract Workers
Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.
