Goverment Reopens Raw Mineral Export
Apr 14, 2021
Indonesia is rich in natural resources, and one of them is nickel which is the raw material for the manufacture of lithium batteries in electric cars. Nickel is one of the prime mining commodities forecasted to experience a supercycle phase, due to the massive growth of electric vehicles in the future. The high demand for nickel-based commodities might impact the price increase of this mining commodity. This scenario is highly profitable for Indonesia as a country, and the opportunity should be well utilized. Before the outbreak of Covid-19, the government allowed exports of...
Retention of Communications Data: A Bumpy Road Ahead
Apr 13, 2021
The EU Electronic Privacy Directive 20021 requires Member States to ensure the confidentiality of communications. In particular, Member States shall prohibit listening, taping, storage or other kinds of interception or surveillance of communications.2 The communications service providers are obligated to delete all traffic data no longer required for the provision of a communications service.3 Yet, ...
Indonesian Omnibus Bill: Implementation Regulation related to spatial Planning and Settlement of Differences
Apr 07, 2021
In 2020 the Indonesian government formulated a law that was considered a breakthrough in advancing the domestic economy, namely the Omnibus Bill. The Omnibus Bill amended many regulations, which was previously a non-conducive environment for doing business in Indonesia. One of the regulations amended in the omnibus bill is the regulation on spatial planning and zoning...
Malaysian Blockchain Regulatory Reports: A Research Report Prepared by the University of Malaya
Apr 06, 2021
In the era of the digital revolution, the only constant is change. Where once we had a personal computer in every household, now we have a smartphone in each of our hands. Where once the Internet was a wilderness explored under the cloak of...
Omnibus Law: New Regulation on Definite Period Employment Agreements
Mar 31, 2021
Amid the COVID-19 Pandemic, we have been receiving queries from our clients with regard toemployment contract issues. One of the most frequently asked questions is about the definite period employment agreements. In businesses, such as drilling services, construction , or any other companies having businesses based on projects , the definite period employment contracts are the most preferable. Following Article 59 par. 3 of Law No. 13 of 2003 concerning Manpower...
Towards Standard Information Privacy, Innovations of the New General Data Protection Regulation
Mar 30, 2021
Protection of personal data in recent decades became more crucial affecting by emergence of the new technologies especially computer, internet, information and communications technology. However, Europeans felt this necessity at time and provided for up-to-date and supportive laws....
Penyusunan Rancangan Peraturan Tentang Pengembangan Bisnis Inklusif Pariwisata Kebugaran di Desa Wisata
Mar 23, 2021
Health tourism memiliki pasar yang cukup besar yang mencapai hingga US$ 500 milyar per tahun atau sekitar 14% dari Total Global Tourism dengan pertumbuhan sekitar 9,9% per tahun1 . Dalam konteks itu Asia merupakan kawasan yang paling banyak menarik kunjungan Wellness Tourism serta paling banyak dari aspek pengeluarannya...
Positive Investment List vs Negative Investment List
Mar 23, 2021
The Job Creation Law (Indonesian: Undang-Undang Cipta Kerja), officially Law No. 11 of 2020 (hereinafter referred to as Omnibus Law), is a bill that was passed on 5 October 2020 by Indonesia's People's Representative Council (DPR), and enacted on 2 November 2020 to create jobs and raise foreign and domestic investment by reducing regulatory requirements for business permits and land acquisition processes. Several regulations for the implementation of the Omnibus Law have been issued. Generally, it is to improve the...
Indonesia Investment Authority wins trusts from both domestic and foreign investors
Mar 16, 2021
The Indonesia Investment Authority (INA) which was set up in January 2021 is an institution for investment endowment fund management established by Law to increase and optimize the value of state assets in the long term to support sustainable development. It has won enormous interests and trusts from both domestic and foreign investors, especially in the field of infrastructure. "With a strong legal foundation and political support as well as a great supervisory board ...
Malaysian Personal Data Protection Act, a Mysterious Application
Mar 16, 2021
Data is the fuel of the new economy, and even more so of the economy to come. The world's most valuable resource is no longer oil, but data1. It is estimated that the digital economy today is worth almost $3 trillion2. The digital economy is the economic activity that results from billions of everyday online connections among people, businesses, devices, data, and processes.