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The Simplicity of Halal Product Licensing in Indonesia

May 4, 2021

“In the attempt to set the provision about Halal Products licensing more clearly, Government stipulates Regulation of Government No. 39 of 2021 on the Implementation of Halal Product Guarantee (“PP 39/2021”), as the implementing regulation of Job Creation Law that specify about the provision about Halal Product in Indonesia.” Indonesia is the largest Muslim country in the world. A Muslim is obligated to consume halal products. Accordingly, foods, products, or

Papan Akselerasi: an Alternative Funding for Start-Up Company

April 26, 2021

“Following the promulgation of POJK 53/2017, BEI has introduced Papan Akselerasi as a medium for small or middle asset scale-company to get alternative funding through the capital market.” To provide the opportunity for an issuer with small asset scale or middle asset scale to obtain alternative funding through the capital market, the Indonesian Financial Services Authority (“Otoritas Jasa Keuangan” or “OJK”) has promulgated OJK Regulation No. 53/POJK.04/2017 on Registration Statement

The Rights and Obligations of Employers for Employees Post Omnibus Law – Part II

April 21, 2021

“By Omnibus Law in 2020 and its implementing regulations, the procedure and reasons for termination of employees and calculations of the severance package have been considerably modified. Further, any violation concerning the severance package is now punishable by criminal sanctions.” From mid-2020 to early 2021, matters regarding employee termination have been made uncertain by the promulgation of Law No. 11 of 2020 concerning Job Creation (“Omnibus Law”). While the Omnibus

The Rights and Obligations of Employers for Employees Post Omnibus Law – Part I

March 29, 2021

“Following the promulgation of the Omnibus Law in 2020, the Indonesian government has issued several implementing regulations, including the implementing regulation concerning industrial relations between employers and their employees.” From mid-2020 to early 2021, matters regarding industrial relations have been made uncertain by the promulgation of Law No. 11 of 2020 concerning Job Creation (“Omnibus Law”). While Omnibus Law has made considerable changes to the Law No. 13 of 2003

By Omnibus Law, Indonesia Open Foreign Investment In Various Attractive Sectors

March 25, 2021

“Presidential Regulation No. 10/2021 has revoked and replaced the prior Indonesian Negative Investment List (PR 44/2016).” Following the promulgation of Law No. 11 of 2020 on Job Creation (“Job Creation Law”), the Government has stipulated one of its derivative regulations as Presidential Regulation No. 10 of 2021 on Capital Investment Business Fields (“PR 10/2021”). PR 10/2021 has revoked and replaced the prior Presidential Regulation No. 76 of 2007 and Presidential

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The Simplicity of Halal Product Licensing in Indonesia

Papan Akselerasi: an Alternative Funding for Start-Up Company

The Rights and Obligations of Employers for Employees Post Omnibus Law – Part II

The Rights and Obligations of Employers for Employees Post Omnibus Law – Part I

By Omnibus Law, Indonesia Open Foreign Investment In Various Attractive Sectors