Policy
Policy

Brief Summary of Regulation In Lieu of Job Creation Law

Substantial changes are tracked in Labor Law, Mineral and Coal Mining Law, and Water Resources Law. The government wants fast-track regulatory approval, but it likely won't be as fast as hoped.

Financial Reform PPSK Law, Is it Appropriate Yet?

The House of Representatives and the government passed the Financial Sector Development and Strengthening Bill into law. All factions approved the law in a plenary meeting on Thursday, Dec 15.

Indonesia’s Govt Rising Interest to “All-Electric” Policy

The government issued regulations regarding green transitions in the electricity sector and battery-based electric vehicle usage as official vehicles, as well as electric stoves trial. The substance of the rules is broader than the title describes.

Indonesia's Carbon Tax: Waiting for the Right Time

The Indonesian government has postponed the carbon tax implementation again, even though it should have been in effect this month. Finance Minister Sri Mulyani revealed that its legislative process went relatively well.

Weekly Digest: Third Wave Is Coming

Indonesia recorded 1.054 COVID-19 daily cases on Saturday (1/15), the highest since mid-October. Cases of local transmission were higher than cases of transmission caused by international travelers.

Welcome to Indonesia’s Second Tax Amnesty

Indonesia’s Government has just started a six-month period of voluntary disclosure program. The offerings are interesting, but potential breaches and misuse of participants' disclosed information is still a concern.

A Recap of All Major Regulations Released in 2021

Indonesia rolls out several major regulations this year: more tax being imposed, loan relaxations extended, supports for technology companies, and a lot more. This is everything you might want to know before welcoming 2022.