The local government is counting on the tax amnesty to be successful to make up for the shortfall in tax revenues.
There is no arbitration process specifically designed to accommodate real estate matters under Indonesian law.
Indonesia's coal sector has been hit hard in recent years following the fall in commodity prices.
Indonesia’s cosmetic sector has grown rapidly in recent years backed by a large domestic market.
Indonesia’s downstream wheat-based baked goods industry presents opportunities abound.
There has been considerable confusion about whether the law and courts allow employers in Indonesia to downsize a part of their workforce for efficiency reasons.
Despite what appeared to be positive momentum at the close of 2015, data from Q1 2016 suggests that Indonesia is not yet out of the woods.
The BI Regulations were implemented to stabilise the depreciation of the rupiah.
The 2016 DNI does not contain the dramatic changes that had been anticipated by some members of the foreign investment community.
On 16th June 2016, Bank Indonesia announced that it would cut interest rates by 0.25% to a benchmark rate of 6.5%.
Indonesia’s latest economic package aims to improve the business climate for SMEs.