Posts Tagged ‘Reform’

2011 Indonesian Law Review: Distribution

Written by Christina N. Soela General Overview While no new regulations have been issued in 2011, we provide below an overview of the main issues facing distributors including changes to importer identification permits (an update to Importer Identification Numbers can be found here). Distribution of goods and services in Indonesia is generally regulated by the [...]

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Currency Law: Indonesian Govt Attempts to Bolster Local Currency

Written by Ira Eddymurthy and P Patricia Adams To build international and national confidence in the Rupiah, Indonesia implemented Law No. 7 of 2011 on Currency on May 31, 2011. It will ensure the dominance of the Rupiah by requiring that all payments be made in that currency. The most important section of the currency [...]

Women, Business and the Law

The World Bank recently published their biennial report on the formal legal and regulatory  framework for gender equality in the workplace, examining the issues facing female entrepreneurs and employees. Women, Business and the Law addresses and compares gender equality across six areas: accessing institutions, using property, getting a job, providing incentives to work, building credit [...]

Currency Law Seminar October 13th

SSEK is pleased to invite you to an upcoming seminar on the new Currency Law, in conjunction with the Indonesian Corporate Counsel Association (ICCA). The event will take place on Thursday, October 13th at 1:30pm at SSEK’s office and the speakers will be Prof Hikmahanto and Ira Eddymurthy. This event will be free of charge [...]

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Indonesia’s Masterplan for Economic Development

Written by Darrell R. Johnson There has been almost as much press coverage as questions about the Indonesian Government’s announcement in May of MP3EI. So what is MP3EI? MP3EI is the Indonesian acronym for Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia, or, in English, the Master Plan for Acceleration and Expansion on Indonesian’s Economic Development, [...]

Business & Human Rights in Indonesia

The European Lawyer recently published a guide to the growing relationship between human rights and global business. While providing background to Indonesia’s human rights legislation and courts, the chapter on Indonesia also focuses on the wide range of domestic legislation containing anti-corruption measures and corporate social responsibility (CSR) initiatives in Indonesia.  Following the new Company [...]

Indonesia’s Cautionary Tale

In case you missed it, the Wall Street Journal recently published a piece addressing the issue of reform in Indonesia, specifically looking at the role of  the 1999 Competition Law and the Commission for the Supervision of Business Competition (KPPU) over the last 12 years. The full article can be read here: Indonesia’s Cautionary Tale.