Newsletter

Indonesia's Annual Data Protection Summit

Indonesia's Annual Data Protection Summit

Welcome to Indonesia's Annual Data Protection Summit – a must-attend, free online event that focuses on safeguarding data security in Indonesia! Taking place on Thursday, 14 December, this summit is themed around 'Safeguarding The Effective Implementation of PDP Law: Public and Private Sectors Perspectives', featuring valuable insights from key exclusive industry sectors.
Indonesia's Annual Data Protection Summit

Indonesia's Annual Data Protection Summit

Welcome to Indonesia's Annual Data Protection Summit - a must-attend, free online event prioritizes the enhancement of data security in Indonesia. Taking place on Thursday, 14 December, with the theme 'Safeguarding The Effective Implementation of PDP Law: Public and Private Sectors Perspectives', featuring valuable insights from key exclusive industry sectors. Connect with industry leaders, experts, and professionals in the field of data protection. Whether you're looking to expand your knowledge, actively involved in data-related...
The Strategic Role of TKDN Certification in Supporting the Domestic Industry

The Strategic Role of TKDN Certification in Supporting the Domestic Industry

The Domestic Component Level (Tingkat Komponen Dalam Negeri or TKDN) certification has become a crucial factor in the development of industries in Indonesia. Government support for obtaining TKDN certification is a vital step that business actors need to take. Before delving further, it is essential to understand the concept of TKDN and why it plays a strategic role in the development of the domestic industry.
ISO 27001:2013 - Enhancing Information Security and Customer Trust

ISO 27001:2013 - Enhancing Information Security and Customer Trust

In the advancing digital era, safeguarding data and information has become a crucial challenge for organizations across various sectors. Cyber threats are evolving, and information breaches can have serious ramifications for both businesses and individuals. This is where ISO 27001:2013, the international standard for Information Security Management Systems (ISMS), plays a vital role in assisting organizations in effectively managing and protecting information.
Retail Trade and Department Stores Partnerships: Supporting MSEs in Indonesia

Retail Trade and Department Stores Partnerships: Supporting MSEs in Indonesia

Indonesia is one of the countries with a rapid growing retail sector. An essential component of this industry involves the retailing of various non-food, non-beverage, or tobacco-related items in supermarkets or department stores. In an effort to develop this sector while supporting micro and small enterprises (MSEs), the government has issued regulations and guidelines that govern partnerships in this retail trade.
Foreign Entities Providing Loans and Holding Mortgage Rights in Indonesia

Foreign Entities Providing Loans and Holding Mortgage Rights in Indonesia

In the realm of real estate development and financing, foreign entities have shown a growing interest in contributing to infrastructure development and investment in various countries, including Indonesia. One mechanism that has gained attention is the concept of foreign entities providing loans and holding mortgage rights, also known as "Hak Tanggungan" in Indonesian law. This practice has the potential to support the expansion of infrastructure...
Data Retention Within The Framework of Personal Data Protection in Indonesia

Data Retention Within The Framework of Personal Data Protection in Indonesia

In the advancing digital era, personal data protection has become a crucial concern for individuals and organizations worldwide. Indonesia is no exception, responding to this need with the enactment of Law No. 27 of 2022 on Personal Data Protection (PDP Law). One vital aspect addressed by this law is the retention of personal data. Data retention refers to the policies governing the storage and management of personal data by data controllers. This article will...
Is It the Time to Call Last Orders

Is It the Time to Call Last Orders

There is a big drinking culture in international arbitration. But what if you do not or cannot consume alcohol? Political pollsters seeking to measure is alcohol‐free. It is also customary for arbitration candidate popularity often ask what is known as 'the beer question': with which candidate would you rather have a beer? The answer is regarded as a barometer of likeability, authenticity and collegiality. As such, the beer question continues to be posed in the hiring context.
Tax on Benefit In Kind

Tax on Benefit In Kind

Starting from the 2022 tax year, income in the form of compensation received due to work or services rendered will be considered taxable income for the recipient. It may also be subject to taxation for the provider based on Law No.7 of 2021 concerning the Harmonization of Tax Regulations ("Law 7/2021"). Benefits in kind are a form of goods given to individuals or workers that does not involve cash payments. While companies generally provide salaries...
Foreign Investment Opportunities in Carbon Exchange in Indonesia, Post POJK No.14/2023

Foreign Investment Opportunities in Carbon Exchange in Indonesia, Post POJK No.14/2023

In August 2023, Indonesia ratified Financial Services Authority Regulation No.14 of 2023 concerning Carbon Trading Through Carbon Exchange ("POJK No.14/2023"). This opens up attractive investment opportunities for foreign nationals interested in participating in carbon market in the country. The regulations outlined below identify several opportunities for foreign investors interested...
Investor KITAS in Indonesia

Investor KITAS in Indonesia

KITAS Investor is an immigration product specifically designed for investors who make investments in companies in Indonesia. This document grants a limited stay permit to foreigners in Indonesia, and it is a part of the Indonesian government's efforts to enhance the investment climate in the country. Although KITAS stands for "Kartu Izin Tinggal Terbatas" (Limited Stay Permit Card), the Indonesian government no longer issues physical cards for this purpose. Instead, it is now commonly referred...
The Mandatory Obligation of Developing Supporting Housing Infrastructure by the Industrial Area Developers

The Mandatory Obligation of Developing Supporting Housing Infrastructure by the Industrial Area Developers

The Industrial Area plays an exceedingly strategic role as an industrial infrastructure in achieving spatial compatibility, industrial dispersion, and environmental sustainability. This is in accordance with the mandate of Article 106 of Law Number 3 of 2014 concerning Industry ("Law No.3/2014"), which imposes the obligation for new industries to be situated within the Industrial Area.
The Rise of Crypto in Indonesia: What Investors Need to Know

The Rise of Crypto in Indonesia: What Investors Need to Know

In recent years, the world has witnessed rapid developments in the financial sector, particularly with the emergence of cryptocurrencies. This phenomenon has profoundly transformed the global economic landscape and captured the attention of diverse stakeholders, ranging from professional investors to everyday internet users. Cryptocurrencies, such as Bitcoin, Ethereum, and numerous others, have become subjects of heated discussions and consistently dominate news and media dialogues.
Permissible Quantities of Commodities in Business Mining Permits in Indonesia

Permissible Quantities of Commodities in Business Mining Permits in Indonesia

Indonesia, a nation composed of multiple islands blessed with a diverse array of natural resources, includes valuable mineral resources among its treasures. Within this category, mining commodities encompass both coal and various minerals. As outlined by the Geological Agency of the Ministry of Energy and Mineral Resources of Indonesia (ESDM), the country's mineral resources are divided into two main groups: metallic minerals and non-metallic minerals...
Supporting the 2023 ADR in Asia Conference, flagship event of Hong Kong Arbitration Week "The Kintsugi of 21st Century International Arbitration"

Supporting the 2023 ADR in Asia Conference, flagship event of Hong Kong Arbitration Week "The Kintsugi of 21st Century International Arbitration"

Bali International Arbitration and Mediation Center is proud to support the 2023 ADR in Asia Conference, the flagship event of Hong Kong Arbitration Week. This year’s theme "The Kintsugi of 21st Century International Arbitration" is much more than taking stock of the status quo, but is instead a nod to the fragmentation and disruption of the past few years and how the arbitration community has “reset” itself and adapted to new ways.
Reasons for Termination of Employment Without Severance Pay

Reasons for Termination of Employment Without Severance Pay

Disputes within the realm of labor can lead to the termination of employment (PHK). Before carrying out the PHK, specific procedures must be adhered to. Termination of employment entails responsibilities for employers, including the provision of compensation to employees. However, it is essential to note that compensation does not always involve severance pay. The Regulation in Indonesia which regulate the Termination Of Employment...
Rights of Employees Engaged in Overtime in Indonesia

Rights of Employees Engaged in Overtime in Indonesia

Overtime pertains to the laborious dedication of employees beyond their regular working hours. An employee is deemed to be engaged in overtime if they surpass 7 (seven) hours of work in a day and 40 (forty) hours in a single week, encompassing 6 (six) working days, or 8 (eight) hours per day and 40 (forty) hours in a week, comprising 5 (five) working days. Additionally, this includes work carried out during the working hours of weekly rest days and/or official holidays as designated by the government.
Should the Development of Artificial Intelligence be Paused

Should the Development of Artificial Intelligence be Paused

The Orwellian Ministry of Love would indisputably say "no", of course. The geniuses of our time would not seem to agree apparently. Almost a decade ago theoretical physicist Professor Stephen Hawking, probably the closest a generation ever had to an Albert Einstein forewarned that the development of A.I. could spell the end of the human race.