The Latest Insights

Corporate Actions Round-Up

The corporate performance remains under pressure due to the COVID-19 pandemic.

Provincial Minimum Wages Unchanged: What Is the Impact?

About 27 provinces are ready to comply with the Manpower Ministerial Circular on minimum wages in 2021. Good news for employers, but not for workers. People’s purchasing power may get even worse.

Indonesia's COVID-19 Updates

As of Thursday (10/29), Indonesia’s COVID-19 tally in the last 24 hours went up by 3,565 to 404,048 cases.

SOE Commissioners for Jokowi Volunteers

Several prominent supporters of President Joko Widodo become SOE commissioners. One may say that it is part of the president’s reciprocation.

Omnibus Law Turmoil

Demonstrations against the Job Creation Law on Wednesday (10/28) went smoothly despite involving thousands of masses.

Opening Data, Issuing Derivatives of Job Creation Law

The government will open data on the Job Creation Law and its derivative regulations. The derivative regulations of the law increased to 42 from the initial plan of 35 regulations and will be issued in 2021.

How Strong Is KPK with Its New Authority?

The Corruption Eradication Commission (KPK) can now take over corruption investigations from the police and the Attorney General’s Office (AGO) and resolve stalled corruption cases.

SKK Migas to Export Oil From Banyu Urip Field

To avoid reducing production, the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) plans to export crude oil produced by the Banyu Urip Field, Cepu Block.