The calculation of overtime wage is regulated in Article 26, Article 29, Article 31 Paragraph (1), Article 31 Paragraph (2), Article 31 Paragraph (3) and Article 32 of Government Regulation no. 35 of 2021 concerning Employment Agreements for Certain Time, Expert Power, Working Time and Rest Time, and Termination of Employment ("GR 35/2021"). Company Obligation Article 26 states that overtime can only be worked at most 4 (four) hours in 1 (one) day and 18 (eighteen) hours in 1 (one) week and Article 29 further

The Indonesian reformation period promotes continuous new innovations led by its people, thus helping Indonesia's economic stability. Indonesia is a country that has high economic potential, potential that is starting to be noticed by the international community due to the prosperity of natural resources contained in the motherland. Of course, rapid materialistic success is encouraging news for business actors, but for some people, this is just one edge of a double-edged sword. At the other edge of the blade is an obligation for business actors to pay taxes on their income.

Following on from the phenomenal growth in the use of cryptocurrencies worldwide, there is increasing incidence of cryptocurrency disputes across the globe.  In probably one of the highest profile international cryptocurrency disputes in recent times, hundreds of derivatives investors are apparently looking to bring claims against cryptocurrency trading platform Binance for alleged losses arising from a widespread service outage in May 2021 which coincided with a massive drop in the price of Bitcoin. The massive sell off of cryptocurrencies at the material time allegedly resulted in clogged transactions which prevented investors from closing out or liquidating their trading positions during the outage.

The number of solar photovoltaic (PV) installations has been increasing worldwide but the high capital cost of installation continues to be the main challenge, particularly in many developing countries. The solar concentrator, a device that focuses the sunlight onto a small area, has the potential to minimize the use of expensive PV material while maintaining the system's performance, ultimately bringing down its overall cost.

Whether COVID-19 can be considered a Force Majeure in a contract or not is still a somewhat debatable topic. By definition, which is regulated in Article 1244 and Article 1245 of Civil Code, Force Majeure is a situation that occurs suddenly and is beyond the control of the parties, which causes an agreement to be hampered or unable to be carried out at all. The key words are "beyond the control of the parties" and "causes the agreement to be hampered or unable to be carried out at all."

Adequacy assessment of the existing Time of Dispatch (TD) rules is an academic primary step to improve the regulation of electronic commerce laws. This study aims to evaluate the ASEAN countries based on the adequacy of their TD rules. We propose an extended Fuzzy Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method for ...

Recently, the media in Indonesia has been buzzing with reports of an accident that killed a celebrity couple caused by the negligence of a driver. The internet community questioned whether the criminal sanctions for negligence alone were sufficient and able to bring a sense of justice. Furthermore, the question is whether a person who commits negligence can be held civilly responsible.

Climate change is the greatest 'market failure' the world has seen. This has stimulated policy makers around the world to turn into renewable energy. As a result, renewable energy is indeed the order of the day and the sun is the most powerful source of energy that God has blessed mankind with.

Every company has the opportunity to conduct an initial public offering (IPO) and list its securities on the Indonesia Stock Exchange (IDX). In the context of an IPO, the company will issue a document called a prospectus, which is a document that contains any written information related to the public offering process that the company is carrying out with the aim to disclose everything about the company to the public before they decide to buy securities. The form and content of the prospectus in the context of a public offering have been regulated in the Financial Services Authority (OJK) regulations.

Integrating a concentrator into the building integrated photovoltaic (BIPV) design has resulted in a new technology known as the building integrated concentrating photovoltaic (BICPV). The rotationally asymmetrical compound parabolic concentrator (RACPC) is an example of a concentrator design that has been explored for use in BICPV. This paper evaluates the life cycle assessment (LCA) for the RACPC-PV module, which has never been explored before.

It is a challenging task for Bangladesh to meet its increasing demand of energy while its economy is rapidly growing. Though prices of oil, coal, and fossil fuels around the world have been volatile, the price trend in Bangladesh demonstrates a persistent rise in the immediate past. This is further exacerbated by depleting reserves of natural gas. Cumulatively, these two effects heighten Bangladesh's energy needs. Bangladesh presently mitigates her energy requirements predominantly through natural gas, supplemented by a handful of coal and furnace oil plants.

In conjunction with the activities that took place around the Singapore Convention Week this year, Withers KhattarWong hosted an event “Mediation and Arbitration in the ASEAN region” featuring our arbitration specialist Partner Shaun Leong, FCIArb alongside the Deputy Chief Executive Officer of the Singapore International Mediation Centre, and experienced leading practitioners from the ASEAN region.

Indonesia will begin to tax coal-fired power stations in April 2022 using a tax mechanism based on emission limits, or cap and tax, to start the implementation that will eventually reach all sectors of the economy to reduce national greenhouse gas emissions. Indonesia's carbon tax is a strong signal that will encourage the development of carbon markets/carbon emissions trading, technological innovation, and more efficient and eco-friendly investments in the country.

Africa is blessed with abundant energy sources that can promote economic growth and provide sufficient capacity to meet up with the future electricity demand. This paper evaluates the progress made in renewable energy (RE) development in Nigeria and Cameroon together with the roadmaps for future implementation. Since the early 2000, Nigeria has...

Law No. 11 of 2020 regarding Job Creation (Law 11 2020) was enacted a year ago and it revised many existing regulations and introduced plenty of new ones. One of the revised issues was regarding building permits. Previously you had to acquire a Building Permit or Izin Mendirikan Bangunan (IMB) to build. However, it has now been changed into Building Approval or Persetujuan Bangunan Gedung (PBG).

Solar energy is a natural source of energy and is tremendously abundant. The concept of floating solar is to fulfil and to support the existing energy supply in order to enhance the human life. The floating solar exploits the massive availability of ocean region and the severe unavailability of land. The main purpose of this paper is to evaluate the potential of floating solar to be deployed in coastal or infield in Malaysia.

Wind energy has seen a tremendous growth for electricity generation worldwide and reached 456 GW by the end of June 2016. According to the World Wind Energy Association, global wind power will reach 500 GW by the end of 2016. Africa is a continent that possesses huge under-utilized wind potentials. Some African countries, e.g., Morocco, Egypt, Tunisia and South Africa, have already adopted wind as an alternative power generation source in their energy mix.

In most cases, the dispute clause in the commercial contract sets out the requirement for the contracting parties to resolve the dispute within a certain period before having the conflict settled by a court or arbitration. It is prudent to record the terms of the agreement in writing to obtain both certainty and finality. The concept of settling a dispute is straightforward, but the task of documenting a settlement can be complex. This article sets out a checklist to bear in mind when drafting a settlement agreement.