News

New Regulations Issued to Curb COVID-19: Large-Scale Social Restriction and Economic Stability Policies

To manage and mitigate the impact of the COVID-19 outbreak in Indonesia, the Indonesian Government has issued various policies and regulations, among others, those regarding the protection of employees’ rights (please see W&P’s previous newsletter on this matter here) and the giving of certain leeway to publicly-listed companies (please see W&P’s previous newsletter on this… Read More »

Indonesia covid-19 outbreak – employer guideline

In response to the COVID -19 outbreak, the Indonesian Minister of Manpower recently issued Circular Letter No. M/3/HK.04/III/2020 TAHUN 2020 (“Circular Letter”) to protect the rights of employees as well as ensuring business continuity during the outbreak. Below are a few crucial points you need to know about employee salary protection as prescribed under the… Read More »

Covid-19 outbreak – measures from the indonesian government

In relation to the Covid-19 outbreak, the Government of the Republic Indonesia has taken the following measures: On 29 February 2020, the Indonesian National Board for Disaster Management (BNPB) extended the emergency status of Covid-19 up to 29 May 2020. However, at the same time, BNPB emphasizes that for the time being the Government of… Read More »

Personal data bill – comparative summary between personal data bill and existing personal data regulations

The Indonesian Government recently issued a draft Personal Data Protection Law (“PDP Bill”) for further discussion and deliberation by the House of Representatives. The following is a comparative summary between the PDP Bill and the existing personal data regulations (i.e. Government Regulation No. 71 of 2019 on the Operation of Electronic Systems and Transactions (“GR… Read More »

Insurance Company Alert – Government Ascertains Anti-Dilution for Existing Foreign Shareholders of Insurance Companies

The government kicked off the year of 2020 by demonstrating its support towards foreign investment through the issuance of Government Regulation No. 3 of 2020 (“GR 3/2020”), amending Government Regulation No. 14 of 2018 on Foreign Ownership in Insurance Companies (“GR 14/2018”). Many believe GR 3/2020 shows a friendlier face to foreign investors. Previously under… Read More »

Fiducia Security Alert: Constitutional Court decision hampers summary execution by Fiducia Security grantees

The Indonesian Constitutional Court (the “Constitutional Court”) recently rendered a controversial binding decision, namely decision No. 18/PUU-XVII/2019 (the “Decision”), following the judicial review of several provisions under Law No. 42 of 1999 concerning Fiducia Security (the “Fiducia Law”) with respect to the statutory right to summary execution or self-executory righs vested in creditors (i.e. the… Read More »

Construction Alert – New Policy on Licensing for Foreign Construction Services to Raise Indonesia’s Ranking of Ease Doing Business Index

Just 5 months after its issuance, Regulation of Minister of Public Works and Public Housing (“MPWPH”) No. 09/PRT/M/2019 on the Guidelines for the Licensing of  Foreign Construction Services Business Entities (“Reg 9/2019”) was revoked by Regulation of MPWPH No. 17/PRT/M/2019 (“Reg 17/2019”,  – see our previous newsletter on Reg 9/2019). The revocation was in line with… Read More »

New rules on outsourcing – things to observe

The Minister of Manpower (previously Ministry of Manpower and Transmigration) (“MOM”) recently amended several basic rules of outsourcing in Indonesia by issuing Regulation No. 11 of 2019 (“Regulation 11/2019”). This is the second amendment to MOM Regulation No. 19 of 2012 (“Regulation 19/2012”). This Newsletter edition summarizes the major changes to the outsourcing requirements: Registration… Read More »

Construction Alert: Abrogation of Building Construction Permit (IMB)?

There have been various news reporting the government’s plan to simplify the issuance process of IMB, which is considered by many investors to be time consuming and costly. The government, through the Minister of Agrarian Affairs and Spatial Layout or Head of the National Land Agency (Menteri Agraria dan Tata Ruang/Kepala Badan Pertanahan Nasional (ATR/BPN),… Read More »

LIMITED STAY VISA APPLICATION ALERT: Indonesian Government Relaxes Limited Stay Visa Application Policy

A month following the issuance of BKPM Regulation No. 5 of 2019 (“Reg 5/2019”) last July (please click here for further information on Reg 5/2019), BKPM together with the Ministry of Law and Human Rights of the Republic of Indonesia recently announced a new policy that simplifies the requirements for limited stay visa (visa tinggal… Read More »