Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.
Indonesia’s fintech industry is one of the most competitive and dynamic in ASEAN. The country is home to 20 percent of all fintech companies in the Southeast Asian bloc.
Indonesia endorses the arm’s length principle as the standard guide to transfer pricing.
The Indonesia-Singapore Bilateral Investment Treaty (BIT) updates the rules on the treatment of investments from both countries.
GR 34/2021 regulation aims to ease the process of hiring foreign workers in Indonesia.
In this issue of the ASEAN Briefing magazine, we examine new investment opportunities in Indonesia’s digital economy.
Indonesia issued Presidential Regulation 10 of 2021, which liberalizes many business sectors for foreign investment.
Canada has announced that it launched public consultations on a Comprehensive Economic Partnership Agreement (CEPA) with Indonesia.
Investments in infrastructure are contributing to Indonesia’s improved manufacturing capabilities.