Law No. 24 of 2009 regarding the National Flag, Language, Emblem and Anthem (the Language Law) was very likely not one of the most visited regulations until the West Jakarta District Court rendered a groundbreaking decision in 2013 that immediately multiplied the level of scrutiny by both business players and lawyers of the relevant provision under the Language Law concerning the mandatory use of the Indonesian language in agreements.
Many retail transactions today are conducted through websites or mobile applications - in other words, they are digitalized. Business actors in Indonesia often raise the question whether there are any Indonesian legal restrictions on digitalizing their businesses through websites or mobile applications.
Richard D. Emmerson, a senior foreign legal advisor at SSEK Legal Consultants, contributed the Indonesia chapter to a new Employment Law Alliance (ELA) publication, "When Employees Leave: What Employers in Asia/Pacific Need to Know about Protecting Company Rights and Confidential Information."
In late 2015, the Indonesian Minister of Finance issued a regulation aimed at encouraging the growth of real estate investment funding in the form of Collective Investment Contracts (Dana Investasi Real Estate dalam bentuk Kontrak Investasi Kolektifor DIRE - KIK).
The Indonesian government released its tenth economic policy package on February 12, 2016, with a focus on boosting foreign direct investment into Indonesia and protecting small and medium enterprises (SMEs) and cooperatives.
In late December 2015, the Indonesian Financial Services Authority (OJK) issued Regulation No. 32/POJK.04/2015 regarding Rights Issue, which integrates provisions concerning rights issues and the form and content of the registration statement for a rights issue.
According to numerous media reports, the Indonesian government is in the process of revising the Negative Investment List, commonly known as the DNI, as contained in Presidential Regulation No. 39 of 2014.
The Indonesian Government has issued a new regulation that regulates, inter alia, the procedures for the registration of Fiduciary Security and the correction and amendment of a Fiduciary Security Certificate.
Indonesia has issued Government Regulation No. 103 of 2015 regarding the Ownership of Homes or Residences by Foreigners Residing in Indonesia (GR 103/2015). GR 103/2015 entered into force on December 28, 2015.