The Minister for Agrarian Affairs and Spatial Planning has issued Regulation 17,* which sets out the procedures by which the Government may declare a plot of land “destroyed” and consequently,…
On 2 February, the Government introduced new competition law regulations (the Regulations*) – in accordance with the Job Creation Law.** The Regulations amend two important areas of the Antimonopoly Law***;…
The Indonesian government has announced its plans to adjust income tax rates to stimulate economic recovery. In 2022 there will be two adjustments. The first will be a 2% reduction…
The Minister for State-Owned Enterprises has recently issued new Regulations* which expand the ways in which state-owned enterprises may fulfill their social and environmental responsibility obligations. The new Regulations allow…
In 2011, the governments of Indonesia and China signed the Bilateral Economic and Trade Cooperation treaty (the Treaty). As a result, both countries have become major exporters/importers of each other’s…
The Indonesian government recently introduced new regulations to establish a Land Bank (the Regulations). The Regulations also provide the legal framework within which the Land Bank must operate. The Land…
The Omnibus law* changes Indonesia's environmental legal framework with comprehensive provisions on environmental protection and management. To implement those provisions, the Indonesian government has just issued new Regulation 22**. One…
In early March, the financial service authority (FSA) issued new regulations* (the Regulations) that apply to non-bank financial institutions (the Institutions) in specific sectors including insurance and pension funds. The…
In accordance with the introduction of the Job Creation Law1, the Government has enacted new regulations on the termination of employment, by either the employee or the employer, in relation…
Indonesia is at the start of a commodity supercycle; so says Indonesia’s Minister for Trade in a press release on 6 April 2021. Over the past year, commodity prices have…