Merger Reportability Analysis
Under Government Regulation Number 57 of 2010 and Indonesian Competition Authority (KPPU) Guidelines Number 02 of 2013, find out the criteria for determining whether a foreign merger conducted outside Indonesia is reportable under the current Indonesian merger control rule.
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The Impact of the COVID-19 Pandemic on Enforcement of Merger Control Rules in Indonesia
KPPU makes adjustments to the enforcement of merger control rules in response to COVID-19.
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BANK INDONESIA REGULATES THE FINTECH BUSINESS
On 14 November 2016, Bank Indonesia officially launched its Financial Technology (or FinTech) Office.
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Indonesia’s Newly Established Sovereign Wealth Fund: A New Chapter in Indonesia’s Economy
To meet national development goals, Indonesia needs foreign investment and an institution that can be a strategic investment partner, with a strong legal and institutional basis, which applies international practices, professional standards and can act as the “middleman” for those interested to invest in Indonesia. To address this issue and as mandated by Law No. 11 of 2020 on Job Creation which came into effect on 2 November 2020 (known as the “Omnibus Law”), the Government of Indonesia (“GOI”) has officially established a sovereign wealth fund, known as the Indonesian Sovereign Wealth Fund or the Indonesia Investment Authority (Lembaga Pengelola Investasi – “LPI”).
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The Indonesian Government’s Relaxation for Foreigners Entering Indonesia
On 29 September 2020, aiming to relax the temporary ban and limitation on foreigners entering Indonesia due to the Covid-19 pandemic
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