Friday, August 25, 2017
Issue Number: 520
As Southeast Asia's largest economic powerhouse, Indonesia has succeeded in attracting a number of global automotive corporations to invest heavily in the country. Indeed, the government specifically set its sights upon this sector by making it one of the priority industries which is described under the 2015-2035 Master Plan for National Industrial Development.
Friday, August 18, 2017
Issue Number: 519
In 2016, the Indonesian Consumers Foundation (YLKI) reported an increase in the number of property-sector related submitted by the general public. A total of 123 complaints were filed in all, making property the second most-complained-about sector after the financial sector. Unfortunately though, such complaints usually lead nowhere for at least two reasons. Firstly, there has been no improvement as regards the regulatory framework which governs this sector, and secondly, demand for property remains very high. This edition of ILD will elaborate upon certain key aspects of the property sector within Indonesia, while highlighting a number of important areas which need to be taken into consideration by buyers of either houses or apartments.
Friday, August 11, 2017
Issue Number: 518
The use of new and renewable energies in order to produce electricity is a growing trend, both internationally and in Indonesia. Under the Paris Agreement, the nations of the world are required to support a shift from non-renewable sources of energy to newer forms of renewable energy. In national scope, the necessity for alternative energy resource for electricity is critical. However, will this shift prove beneficial for business players across the energy sector?
Friday, August 04, 2017
Issue Number: 517
The tourism industry is in the business of pleasure and there are many ways of putting smiles on touristsâ€™ faces. This edition of ILD will scrutinize the various legal elements underlying the fun and take a look behind the scenes at the establishment of tourism businesses.
Friday, July 28, 2017
Issue Number: 516
July 2017 saw a breakthrough for Indonesian architects as the House of Representatives finally passed the Bill on Architects. This Bill comprises of 45 articles which cover various aspects of the profession that architects need to take note of, specifically: 1) The scope of the services that can be offered by architects; 2) Registration and licenses; 3) Foreign architects; 4) The rights and obligations of architects and their clients; 5) Professional organizations; and 6) Sanctions.
Friday, July 21, 2017
Issue Number: 515
The government and the House are currently engaged in deliberations of the Draft Bill on Broadcasting, which will ultimately replace Law No. 32 of 2002 on Broadcasting. The Draft Bill contains five new provisions which address the following areas: (1) Migration to digital technology; (2) Special broadcasting institutions; (3) Stricter investment procedures; (4) SPS as the new broadcasting standard; and (5) Enhancement of the KPI.
Friday, July 14, 2017
Issue Number: 514
One of the most controversial draft bills in Indonesian legislative history has been incorporated into the 2017 national prioritized-legislation program. Indeed, the Draft Bill on Palm Oil has now come to the attention of the general public, particularly environmental activists who argue that the bill focuses solely upon bolstering the investment climate within the palm-oil sector to the detriment of environmental protection. This edition of ILD will analyze the draft bill and elaborate upon its key provisions.
Friday, July 07, 2017
Issue Number: 513
As primary powerhouses of the Indonesian economy, the countryâ€™s various State-Owned Enterprises (BUMN) not only have a vital role to play in the production of critical goods and services, but also act as pioneers for business sectors which have yet to be fully engaged with by the private sector. The current legal framework for Indonesiaâ€™s BUMN, specifically Law No. 19 of 2003 on State-Owned Enterprises, has now been deemed obsolete however. As a result, the House of Representatives is currently deliberating a new Draft Bill on State-Owned Enterprises, which will update various BUMN-related issues.
Friday, June 30, 2017
Issue Number: 512
Moving on to the second half of this two-parter, this edition of ILD will discuss the applicable legal frameworks which relate to access to financial information for domestic tax-enforcement purposes. These legal frameworks are based upon Perppu 1/2017 and Ministry Regulation 70/2017, as well as the currently still-under-deliberation Draft Bill on General Provisions and Procedures for Taxation.
Thursday, June 22, 2017
Issue Number: 511
The Islamic holiday of Eid al-Fitr is just around the corner and this occasion is often used by many as an opportunity to travel abroad, either for holiday purposes or to visit family. This edition of ILD aims to offer a little insight into various areas which must be taken into account before flying overseas. Our discussion will be structured around a theoretical flight timeline, specifically pre-departure, in flight and returning to Indonesian territory. And finally, may we take this opportunity to wish you a wonderful holiday!