This article looks at the reasons behind the recent labour strikes in Indonesia regarding outsourcing, its impact on businesses and the underpinning regulations.
On January 14, 2012, the Government of the Republic of Indonesia issued Law No.2 of 2012 on Land Procurement for Development in the Public Interest (“Land Acquisition Act”). This article examines the law itself and the implementing regulations.
This article examines Indonesia’s new regulations on imports & importer identification numbers (Angka Pengenal Importir/API) as per the MOT Decree No. 27/5/2012 from May 2012.
Following the issuing of Bank Indonesia Regulation No.14/2012 on share ownership in commercial banks, this article covers the details of the regulation & its implementation.
With the increase in export of unprocessed minerals from Indonesia, the government is making efforts to guarantee the availability of raw materials for the domestic market. This section looks at the Ministry of Energy and Mineral Resources Regulation No.7 of 2012 and its potential impact on mining companies in Indonesia.
This section provides an overview of FDI in Indonesia in relation to the Investment Law of 2007 and the Negative Investment List of 2010. The licensing process for the setting up of a PMA and joint venture as well as other compliance issues are also covered in depth.
The Indonesian Government issued an amendment to Government Regulation No. 23/2010 which came into effect in February 2012 under GR No. 24/2012. This article looks at the impact of the regulation for businesses in the mineral and coal mining sector.
Population: 246 million (estimated, 2012)
Currency: Indonesian Rupiah
Nominal GDP: $845 billion (2011)
GDP per capita: $4,700 at PPP (2011)
GDP Growth: 6.5% (2011)
External Debt: 25% of GDP (2011)
Ease of Doing Business: 129/183 (WB, 2012)
Corruption Index: 100/178 (TI, 2011)