Indonesia-South Korea Free Trade Agreement to Take Effect
The Indonesia-South Korea CEPA is set to take effect, after Indonesia’s parliament recently ratified the trade deal.
The Guide to Employment Visas for Foreign Workers in Indonesia
Indonesia has introduced new reforms on foreign employment visas through the introduction of the Omnibus Law, also known as Law No. 11 of 2020 on Job Creation.
UK and Indonesia Trade and Investment Opportunities
The UK is seeking to forge greater economic ties with the Indo-Pacific and Indonesia is among its key partners in Southeast Asia.
Indonesia Increases the Minimum Wage for 2023
Indonesia’s Ministry of Manpower announced that minimum wages across the country will increase by a maximum of 10 percent for 2023.
New Health Insurance Requirement for Short Term Foreign Workers in Indonesia
Foreign workers in Indonesia on short-term work permits are now required to obtain health insurance.
Indonesia Relaunches Multiple Entry Visa Service
Indonesia’s Directorate General of Immigration officially relaunched the multiple entry visa service on November 28, 2022.
Indonesia Opts to Remain Neutral in US v China Divides
Indonesia will continue to maintain a neutral stance despite rising tensions between the US and China.
Indonesia Hosts the G20 Summit: Opportunities for Foreign Investors
Indonesia is hosting the G20 Summit from November 15-16, 2022, an opportune time for the country to showcase its growing investment appeal.
Indonesia Preparing Incentives to Woo Investors for New Capital City
Indonesia is preparing incentives to attract foreign investments to support building its ambitious new capital city, Nusantara.
Can Indonesia’s Sovereign Wealth Fund Attract Foreign Investors?
Unlike other sovereign wealth funds, Indonesia’s sovereign wealth fund explicitly seeks foreign co-investors to capitalize the fund rather than rely on commodity revenues.