As part of a cabinet reshuffle at the end of the first quarter of 2021, the President of Indonesia, Joko Widodo (Jokowi), transformed the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM“) from a governmental agency charged with implementing and supervising investment policy into a full-fledged ministry, known as the Ministry of Investment/BKPM. … Indonesia Gets Investment Ministry
SSEK partner Syahdan Z. Aziz and Bima Danubrata Adhijoso, an associate at the firm, led a recent webinar on FDI and Indonesia’s New Investment List – Opportunity Knocks for Business. The event was organized and presented with the Indonesia Canada Chamber of Commerce (ICCC). Syahdan and Bima discussed Indonesia’s New Investment List, under Presidential Regulation No. … SSEK and ICCC Deliver Webinar on Indonesia’s New Investment List
The Indonesia Canada Chamber of Commerce (ICCC) and SSEK invite you to a complimentary webinar, FDI and Indonesia’s New Investment List – Opportunity Knocks for Business. Date: Thursday, August 19 Time: 10 – 11:30 am Jakarta Time Background Indonesia took a significant step forward in removing restrictions on foreign investment with the issuance earlier this … Free Webinar – FDI and Indonesia’s New Investment List
SSEK partner Winnie Y. Rolindrawan was a panelist at the American Chamber of Commerce in Indonesia’s three-day virtual Health Care Mission. The event, organized by AmCham Indonesia and the U.S. Chamber of Commerce, “Healing Signs: Investment Opportunities in Indonesian Health Care,” aimed to help draw foreign investment and collaboration to Indonesia’s health care sector. The … SSEK Partner Speaks at AmCham Indonesia Health Care Mission
Following the issuance of Law No. 11 of 2020 on Job Creation (“Omnibus Law“), the Government of Indonesia has released the long-awaited new Investment List, under Presidential Regulation No. 10 of 2021 regarding Investment Sectors (“New Investment List“). The stated aim of the New Investment List is to boost foreign investment in Indonesia. It came … Indonesia’s New Investment List – Healthcare Sector
SSEK is collaborating with the American Chamber of Commerce in Indonesia (AmCham Indonesia) to offer a webinar on Indonesia’s New Investment List – What Businesses Should Know and Prepare For. This virtual event is scheduled for Friday, February 5, 2021, from 9:30 a.m. to 11 a.m. About the Webinar Investment in Indonesia is subject to … Webinar on Indonesia’s New Investment List with SSEK and AmCham Indonesia
Investment in Indonesia is subject to the Negative Investment List, or DNI. The current Negative Investment List was issued in 2016 through Presidential Regulation No. 44 of 2016 regarding the List of Business Fields that Are Closed and Business Fields that Are Conditionally Open for Investment. There are three types of business in the 2016 … Indonesia’s New Investment List – Summary of Draft Presidential Regulation
Restrictions on foreign shareholders are set out in the Negative Investment List (Daftar Negative Investasi or DNI), as contained in Presidential Regulation No. 44 of 2016 dated 18 May 2016 regarding List of Business Fields That Are Closed and Business Fields That Are Open With Requirements for Capital Investment (PR 44/2016). PR 44/2016 lists areas … Establishing a Business in Indonesia – Foreign Investment Restrictions
SSEK partner Stephen Igor Warokka was a featured speaker at a recent webinar on Indonesia’s Law No. 11 Year 2020 on Jobs Creation, better known as the Omnibus Law. The webinar was organized by the Jakarta Japan Club (JJC) and the Japan External Trade Organization (JETRO). The Omnibus Law is intended to make it easier … SSEK, Japanese Business Community Organize Webinar on Indonesia’s New Omnibus Law
There are certain restrictions on the importation into Indonesia of commercial goods, depending on the particular goods/products. For example, the importation of sugar requires a special licence and is only allowed for the purpose of use as a raw material to support the production process. This restriction was imposed to protect Indonesia’s domestic sugar industry. … Investing in Indonesia – Imports
