On 2 February 2021, the Indonesian Government issued Government Regulation No. 31 of 2021 on the Operation of the Shipping Sector (“GR 31/2021”) as the implementing regulation of Law No. 17 of 2008 on Shipping (as amended - the “Shipping Law”) which was recently amended by Law No. 11 of 2020 on Job Creation (the “Omnibus Law”).

On 2 February 2021, the Indonesian Government issued Government Regulation No. 39 of 2021 (“GR 39/2021”), as the implementing regulation of Law No. 33 of 2014 on Halal Product Guarantees which was recently amended by Law No. 11 of 2020 on Job Creation (the “Omnibus Law”).

The Indonesian Government has issued Government Regulation No. 14 of 2021 (“GR 14/2021”), as one of the implementing regulations of Law No. 11 of 2021 on Job Creation (the “Omnibus Law”), which amends Government Regulation No. 22 of 2020 on the Implementing Regulation of Law No. 2 of 2017 on Construction Services (“GR 22/2020”). GR 14/2021 introduces more detailed provisions than GR 22/2020 and this advisory highlights the key provisions.

Presidential Regulation No. 12 of 2021 on Government Procurement of Goods and Services has just been issued as an amendment to Presidential Regulation No. 16 of 2018, as one of the implementing regulations of Law No. 11 of 2020 on Job Creation or the Omnibus Law. It mainly aims to provide more opportunities for micro-level businesses and cooperatives to be involved in the public procurement of goods and services.

Following the issuance of Law No. 11 of 2020 on Job Creation (“Job Creation Law”), Presidential Regulation No. 10 of 2021 on Investment Business Fields (“PR 10/2021”) containing a ‘positive investment list’ was issued on 2 February 2021 and will come into effect 30 days after its issuance. PR 10/2021 serves as a hallmark of substantial changes to the government’s approach towards foreign investment; it revokes and replaces the 2016 Negative Investment List (Presidential Regulation No. 44 of 2016 on The List of Business Fields that are Closed or Conditionally Open to Investment) and Presidential Regulation No. 76 of 2007 on the Criteria and Requirements for the Categorization of Closed Business Fields and Business Fields Open with Requirements in the Field of Investment.