President: New Capital City The First Of Its Kind

The Investor Relations Unit (IRU) of the Republic of Indonesia was established as a joint effort between the Coordinating Ministry of Economic Affairs, the Ministry of Finance and Bank Indonesia in 2005. The main objective of the IRU is to actively communicate Indonesian economic policy and to address concerns of investors, especially financial market investors. Day-to-day activities of IRU are supported by all relevant government agencies, among others: Bank Indonesia, the Ministry of Finance, the Coordinating Ministry for Economic Affairs, the Ministry of Investment, the Financial Services Authority, the Ministry of State Owned Enterprises, and The Committee for Acceleration of

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

A look at whether Foreign Direct Investment (FDI) influences spill over in the manufacturing sector in Indonesia from the perspective of industry, province, and technology intensity. The coordination between central and local governments remains essential to ensure that local companies are sufficiently competitive with foreign companies.

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.

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 There are several regulations and circulars omitted in this guide although it can be implied that they are no longer applicable.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.

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.

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.

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.

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.

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.