9 August 2023 Clients’ Highlights – August 2023 Local Content Requirements – Impact to FDI Local Content and Its Design Local content requirements are put in place to push the use of domestic resources production processes within various sectors; these requirements mostly found in industrial and manufacturing sectors. The underlying thoughts of local content requirements…
15 July 2023 Clients’ Highlights – July 2023 Indonesia’s Regime on Electric Vehicles – Charging Up the Industry Electric vehicles (EV) and battery electric vehicles (BEV) offer cleaner and more sustainable solutions compared to fuel-based vehicles which is associated with various pollution and environmental issues. Global energy crisis has also been a continuous challenge. EV…
21 June 2023 Compliance Bulletin – June 2023 International Sanctions Screening Sanctions screening is the process of determining whether a country sanctions a person, company, or other entity. In the financial services industry, this process would normally be part of the KYC (know-your-customers) process. Historically, sanctions screening has been a blind spot for business…
5 July 2023 Clients’ Highlight Fly High SATRIA-1, Congratulations Indonesia The launching can be watched at https://www.youtube.com/watch?v=oLWFynU1X6g For decades, Indonesia was mainly dependent on Palapa broadband services. Palapa is a series of satellites launched by Indonesia to support television connection and domestic broadband, and it was firstly launched in 1976 and lastly launched in…
28 June 2023 Immigration Bulletin – June 2023 Digital Nomad Visa – The Overview, the Challenges, and Viable Solution for Digital Nomads Covid-19 defined a “new normal” for the world. It shaped not only the world’s view about health protocol but also the working culture. Companies have moved from traditional work arrangement (i.e.,…
5 June 2023 Corporate Bulletin – June 2023 The Future of Healthcare Innovation – Overview of the Regulatory Sandbox Digital healthcare innovation in Indonesia is growing rapidly in the past years. In 2022 alone it is estimated that approximately 18 million health consultation activities were carried out through telemedicine companies. The development of formal laws…
24 May 2023 Corporate Newsletter – May 2023 E-Commerce Landscape in Indonesia Lazada, Tokopedia, and Shopee are not foreign to Indonesian, even to certain extent can be categorised as part of daily life of Indonesian in sourcing its necessities. As the Indonesian government continues re-shaping its view on the data security and privacy in Indonesia,…
27 April 2023 Corporate Newsletter – April 2023 Indonesian Law No. 4 of 2023 – Easing Insurtech Penetration The insurance industry was being watched by technology start-ups in light of the maturity of the industry which signifies the readiness for disruption by introducing technology to be part of insurance business’s core. The…
12 April 2023 Corporate Newsletter – April 2023 ChatGPT – Privacy Point of View Overview of ChatGPT Chat Generative Pre-trained Transformer (“ChatGPT”) was launched in November 2022. ChatGPT is a language model driven by Artificial Intelligence (AI) built by OpenAI. In a very short period of time, ChatGPT has gained popularity globally to the…
5 April 2023 Immigration Newsletter – April 2023 Visa on Arrival – Tighter Enforcement by Indonesian Directorate General of Immigration Visa on Arrival Visa on arrival (“VOA”) is designed to provide ease for travelers (from certain countries) to enter Indonesia for non-official/non-commercial purposes such as tourism purpose. Indonesia VOA allows 30 days of…