Month: January 2024

Renewable Energy in Indonesia

Renewable Energy in Indonesia Renewable Energy in Indonesia

Author: Kristalia Andiani Puteri and Felicia Cindy Hanubrata ” The current laws primarily focus on using renewable energy as sources of electrical power and fuel (bioenergy). Under the new regime, investment in the energy and power plants sector is 100% open to foreign capital investment”. The concept of renewable energy was introduced in Law No. […]

Employee Termination Due to Company’s Acquisition

Employee Termination Due to Company’s Acquisition Employee Termination Due to Company’s Acquisition

“Conducting an acquisition may result in employee termination. As the result of the termination of an employee for the company’s acquisition, the company shall give severance pay, tenure awards, and compensation per enacted law and regulation. Uniquely, there are conditions when the acquisition leads to changes in the work requirements, and the employee does not […]

Holding Director Positions in Multiple Companies

Holding Director Positions in Multiple Companies Holding Director Positions in Multiple Companies

“The board of directors has a significant role as one of the company’s organs. Therefore, to avoid conflict of interest and monopolistic practices, some regulations prohibited for holding dual director positions in multiple companies.” Company can be defined as legal entity that can carry out legal actions. However, in its implementation, the Company acts represented […]