President: New Capital City The First Of Its Kind

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What is Blockchain Technology and How Does it Work?
The world of the Blockchain is getting more and more popular in Indonesia and the higher the public’s...
CMIS-Blog-Indonesia-Investment-Trends-as-Global-Economy-Slows
Market Insights: Indonesia Investment Trends as Global Economy Slows
During this unusual period of the Covid-19 pandemic since Q1 2020, the global economy has experienced...
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Crypto-Assets Regulations August 2022
The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “BAPPEBTI”)...
List of Banks in Indonesia
List of Banks in Indonesia
This is a list of major banks in Indonesia. There are 120-commercial banks in Indonesia (4-state owned...
Indonesian Banking Directory
Indonesian Banking Directory
Indonesia Banking Directory (DPI) is an annual media publication that presents an overview of principal...
BKPM Frequently Asked Questions on Investment
BKPM Frequently Asked Questions on Investment
As a part of efforts to improve investment services, BKPM took an initiative to publish “Frequently Asked...
Invest Indonesia: Five Steps to Invest in Indonesia
Invest Indonesia: Five Steps to Invest in Indonesia
The Indonesian Investment Coordinating Board (BKPM) have laid out five easy steps for anyone interested...
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Handbook of Energy & Economic Statistics of Indonesia 2021
This update on the Handbook of Energy & Economy Statistics of Indonesia, is an effort from the Center...
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Indonesia Outlook Revised to Stable From Negative; 'BBB/A-2' Ratings Affirmed
Indonesia’s external settings are benefiting from improved terms of trade on higher commodity prices....
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Digital 2022 Indonesia: The Essential Guide to the Latest Connected Behaviours
This detailed breakdown of all things digital in Indonesia was put together by Datareportal, We Are Social...

Asean Investment Report 2020–2021: Investing in Industry 4.0

2019 and 2020 were exceptional for ASEAN in terms of foreign direct investment (FDI): 2019 saw the region’s highest-ever inflows, at USD 182-billion – making ASEAN the largest recipient of FDI in the developing world – and 2020 saw the unprecedented impact of the COVID-19 pandemic, with a 25-percent fall in FDI, to USD 137-billion. Despite the decline, ASEAN remained an attractive investment destination; the region’s share of global FDI rose from 11.9-percent in 2019 to 13.7-percent – more than twice the amount seen during the 2007–2008 global financial crisis and nearly five times more than the annual average during

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Investment Realization FDI & DDI

The Ministry of Investment/ Indonesia Investment Coordinating Board (BKPM) have compiled this extensive look at Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) in Indonesia including where investment is coming from, which parts of the country are attracting it and in which sectors.

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E-Commerce Regulations Guide: Indonesia

The myriad of laws and regulations (at the Government and Ministerial level) on electronic transactions makes it difficult to navigate the regulatory framework. This guide by Rouse attempts to lay out the applicable regulations as at the date of publication. There are several regulations and circulars omitted in this guide although it can be implied that they are no longer applicable. This guide should not be regarded as legal advice and consultation with qualified adviser is necessary.

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Guidelines for the Promotion of Inclusive Business in Asean

These Inclusive Business (IB) guidelines, serve as an outline on how Inclusive Businesses can be supported at the national level, and what institutional setup is required to do so. The IB guidelines also provide recommendations on how to promote IB further at the regional level. The guidelines are generic, whilst keeping in mind the large socio-economic differences of countries in ASEAN. It is meant as a menu of suggestions of best practices to promote IB.

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A Practical Guide to the New and Revised Indonesian Financial Standards

This publication is a practical guide to the new, revised and amended Indonesian Financial Accounting Standards (“IFAS”), which came into effect in 2021. It contains an overview of the changes in reporting requirements, which may then be useful for the entities’ future reporting periods by gaining sufficient familiarity with those standards first. Included in this practical guide is PricewaterhouseCoopers’ brief guidance on forthcoming requirements that will affect reporters in the coming years.

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Indonesia’s Sustainable Transformation

Environmental, Social, and Corporate Governance (ESG) is an approach to evaluating the extent to which a corporation works on behalf of social goals that go beyond the role of a corporation to maximize profits on behalf of the corporation’s shareholders. This is a top business priority for Indonesia where the government has been proactive in working to create the conditions and necessary enablers for a smooth transition towards ESG and the UN SDGs, aligned with the country’s development agenda.

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A Blueprint for Trade and Investment With Indonesia

Australia and Indonesia share a close and important bilateral relationship. There are strong economic, commercial and trade ties, made even stronger by the opportunities afforded through the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). People-to-people linkages, including cultural and academic engagements are longstanding, and they continue to grow from strength to strength. The Blueprint for fostering this critical area of engagement outlined in this publication is designed to provide practical and strategic guidance on enriching the economic relationship between Australia and Indonesia.

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Getting Your Business Licenses Through Online Single Submission (OSS)

The Coordinating Ministry for Economic Affairs have published this useful step-by-step infographic guide to using the Online Single Submission (OSS) system, from creating and activating your own account, getting your Business Identification Number, location, environment and business permits, operating licenses and expanding your business.

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Doing Business in Indonesia: A Comparative Guide

Deloitte Legal compiled this guide for Legal 500, providing an overview of the laws and regulations on doing business in a variety of jurisdictions. The following country chapter contains the relevant information on the systems of law, the legal forms through which people carry out business, capital requirements, how entities are operated and managed, expansion possibilities, corporate governance, employment law and more.

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Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

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Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.