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Indonesia Trade and Business News
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Indonesia and Switzerland Seeks to Accelerate Investments under New Bilateral Investment Treaty - LexologyA new bilateral investment treaty between Indonesia and Switzerland, namely the Indonesia-Swiss Agreement on the Promotion and Reciprocal Protection of Investments, came into force in August 2024.
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Indonesia: Key employment issues when hiring an employee without a local entity - LexologyIt is theoretically possible for a foreign entity to engage an employee to perform work in Indonesia.
Navigating Key Issues Around International Secondments to Indonesia - Lexology
www.lexology.comKey immigration, employment permit, and social security concerns in navigating the complexities of international secondments into Indonesia.
Indonesian Labor Laws You Need to Know for Overseas Expansion
www.lexology.comIndonesia, also known as the Land of a Thousand Islands and the Tropical Treasure Island, has become one of the most popular business expanding
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Foreigners Eligible to Own Property in IndonesiaThe Ministry of Agrarian Affairs and Spatial PlanningNational Land Agency has revealed that foreigners are eligible to own property in Indonesia by presenting their passports or visas.
Indonesia and Canada to launch economic partnership talks
asia.nikkei.comIndonesia and Canada will begin negotiations on a comprehensive economic partnership agreement, both countries said
Company Establishment in Indonesia
indonesiaexpat.bizAnswers some of your most commonly asked questions about setting up a company in Indonesia.
Omnibus Law on Job Creation: New opportunities for investment
www.jdsupra.comTo encourage more investment into Indonesia, the Job Creation Act offers less restrictive provisions on investment.
Indonesia pursues trade deals with African, Latin American, Middle Eastern countries
www.thejakartapost.comThe shift to non-traditional partners follows President Jokowi Widodos strategy of spurring trade through diversification as Indonesia's traditional trading partners face a pandemic-induced economic downturn.
Better e-commerce regulations needed for industry development, consumer protection
www.thejakartapost.comCurrently, Indonesia's commerce industry only has government regulation No. 802019 and Trade Ministerial Regulation No. 502020, which will come into effect in November as a regulatory umbrella
Indonesia, Philippines well-placed for Asia's "Goldilocks" phase in 2021: report
www.businesstimes.com.sgASIA, excluding Japan, is poised for a Goldilocks phase of economic growth in 2021, and Indonesia and the Philippines look better placed than their Asean neighbours in this environment, a Morgan Stanley (MS) report has suggested.
Will Indonesias telemedicine start-ups be the next unicorns
www.thejakartapost.comTelemedicine start-ups will grow faster after COVID-19, and the competition to create the best service will be tighter.
Business Law in Indonesia: Religious Holiday Allowance, an Oasis amid COVID-19 Crisis
www.indonesia-investments.comIndonesian Minister of Manpower Regulation No.6 of 2016 on Religious Holiday Allowance to the Employee obligates companies operating in Indonesia to, annually, give certain additional payments to their eligible employees to celebrate the religious holidays in an amount of one months remuneration.
Indonesia will take the example of Russia to attract investment
www.kxan36news.comA Sovereign wealth Fund in the model of the Russian direct investment Fund will actively attract anchor investors and co-investors in Indonesian projects in energy, tourism, healthcare and technology development.
Indonesia relaxes foreign ownership rules for insurers
www.insurancebusinessmag.comMove comes as several state-owned insurers encounter dire financial straits
Revocation of Indonesias developing country status will not affect GSP
www.thejakartapost.comThe United States Embassy in Jakarta has confirmed that the new USTR notice has no effect on Indonesias GSP facilities.