On July 20, the House of Representatives endorsed a new law making social responsibility compulsory for certain corporations operating in Indonesia, adding complexity to the corporate law regime.
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Economic Update | CSR Duty
22 Jul 2010
Economic Update | Bridging the Energy Gap
22 Jul 2010
Shortly after the legislature passed the new energy bill, Indonesia's president travelled to South Korea this week, overseeing the signing of several bilateral deals in the hydrocarbon sector.
Economic Update | Harmonised Regulations for FDI
22 Jul 2010
Last month, Indonesia expanded its 'negative investment list' of local industries in which foreign investment is restricted. The new list caps such investment in a wide range of sectors.
Economic Update | Grounded Carriers
22 Jul 2010
As the European Union imposed a blanket ban on Indonesian airlines flying through its territory on July 6, the Indonesian government promptly adopted a series of measures to address security concerns...
Economic Update | Stop Deforestation
22 Jul 2010
When the 2008 edition of The Guinness Book of Records is published in September, Indonesia will hold the current record for the country with the world's fastest rate of deforestation.
Economic Update | Demand Builds Up For Cement
22 Jul 2010
Expectations for the cement sector have been exceeded by market performance in the first five months of this year.