The Arrival of the Long-Awaited KBLI Numbers in Fintech
On 24 September 2020, Statistics Indonesia (Badan Pusat Statistik ─ “BPS”) issued BPS Regulation No. 2 of 2020 on Indonesian Standard Business Classifications (Klasifikasi Baku Lapangan Usaha Indonesia ─ “KBLI”), which is known as the 2020 KBLI.
Download read moreThe Job Creation Law & Highlighted Changes to The Manpower Law
The highly anticipated Law No. 11 of 2020 on Job Creation (“Job Creation Law”) (or widely known as the Omnibus Law) was enacted on 2 November 2020 The Job Creation Law amends various regulations, including Law No. 13 of 2003 on Manpower (“Manpower Law”).
Download read moreBrief Introduction to Indonesia’s Job Creation / Omnibus Law
“Law No. 11 of 2020 on Job Creation (the “Job Creation Law” or widely known as the Omnibus Law) was issued and came into effect on 2 November 2020. The changes made by this Job Creation Law affect 78 Laws and provides several strategic policies among others on (i) broadening of the investment ecosystem and business activities; (ii) the ease of doing business; and (iii) acceleration of national strategic projects oriented towards national interests.”
Download read moreThe Indonesian Government’s Relaxation for Foreigners Entering Indonesia
On 29 September 2020, aiming to relax the temporary ban and limitation on foreigners entering Indonesia due to the Covid-19 pandemic
Download read moreRegulating the Growth of Electronic and Digital Banking Services
With the rapid development of technology and the rise of new finance products and players in the fintech industry,
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