Category: Uncategorized

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 II Papan-Akselerasi-an-Alternative-Funding-for-Start-Up-Company

“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 […]

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

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

 “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 […]

Renewable Energy Law in Indonesia

“The current existing laws are mostly focused on utilization of renewable energy as sources of electrical power and fuel (bioenergy)” Presently, Indonesia does not have specific regulation on renewable energy. Indonesia is still looking forward to The House of Representative’s deliberation of renewable energy bill, as the part of priority of national legislative program 2020. […]

Procedure Consumer Due Diligence for Fintech Company

“Customer Due Diligence (CDD) is activities conducted by Financial Service Provider to ensure thetransaction by the profile, characteristic, and/or transaction patterns of customers.” Customer Due Diligence (CDD) is activities (identification, verification, and monitoring) that conducted by Financial Service Provider (“Penyedia Jasa Keuangan” or “PJK”) to ensure the transaction in accordance with the profile, characteristic, and/or […]

Intellectual Property Rights in the Medical Industry

“In a sector heavily based on research and development, business actors in the medical industry must be able to distinguish each type of intellectual property rights to protect their interest properly.” As a sector dedicated to resolving health problems, the medical industry is heavily based on scientific research and development. Considering how it is expected […]

Circular Letter Number 7 of 2020 on Criteria and Requirement for Travel in New Normal Adaptation Period towards Productive and Safe from Corona Virus Disease 2019 (COVID-19) Society.

Indonesian Covid-19 Response Acceleration Task Force has issued a new Circular Letter as a national guideline and reference which is CL No. 7 of 2020 on Criteria and Requirement for Travel in New Normal Adaptation Period towards Productive and Safe from Corona Virus Disease 2019 (Covid-19) Society.

Maintaining Financial System Stability In Amidst COVID-19 Pandemic: Regulation of OJK Number 18/POJK.03/2020

“The purpose of POJK 18/2020 is to regulate the mechanism and procedure of written orders given to the banks. A written request contains some of the corporate actions which are conducting and receiving the consolidation, merger, acquisition, and/or integration.”

Circular Letter Number IMI-GR.01.01-2493 of 2020 (“CL 2493/2020”) on Expansion of Circular Letter Number IMI-GR.01.01-2325 of 2020 on Temporary Suspension for Foreigners to Enter Republic of Indonesia Territory

General Directorate of Immigration, Ministry of Law and Human Rights has stipulated Circular Letter Number IMI-GR.01.01-2493 of 2020 (“CL 2493/2020”) on Expansion of Circular Letter Number IMI-GR.01.01-2325 of 2020 on Temporary Suspension for Foreigners To Enter Republic of Indonesia Territory. The mentioned circular letter has stipulated additional provisions on entry permit procedures for Limited Stay […]