INDONESIA’S INTERNATIONAL FINANCIAL CENTER: THE LEGAL FRAMEWORK AND ITS IMPLICATIONS FOR BUSINESSES ( 印度尼西亚国际金融中心: 法律框架及其对企业的影响)

Indonesia’s International Financial Center (Pusat Finansial Internasional Indonesia or “PFII”) is intended to provide a dedicated platform for internationally oriented financial activity and investment. Its initial statutory basis is Article 248A of Law No. 4 of 2026 amending Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector (“Law 4/2026”). Article …

Indonesia’s Export Centralization Policy: Potential Legal Impact on Chinese Enterprises

Starting from June 2026, Indonesia has begun moving forward with a major export management policy, legally grounded in Government Regulation No. 24 of 2026 concerning the Governance of Exports of Strategic Natural Resource Commodities. Exports of strategic natural resource commodities, including coal, palm oil, and ferroalloys, will gradually be reported to and supervised through a …

Indonesia Reshapes Its Trade Governance: Highlights of Government Regulation No. 3 of 2026

Indonesia has recently introduced a significant recalibration of its trade governance framework through Government Regulation of the Republic of Indonesia No. 3 of 2026 on the Administration of the Trade Sector (“GR 3/2026”). This regulation amends the long‑standing regime under Government Regulation of the Republic of Indonesia No. 29 of 2021 on the Administration of …

Corporate Governance and Criminal Liability under the Law No. 16 of 2025

The enactment of Law Number 16 of 2025 on the Fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (SOE) (“Law No. 16 of 2025”) marks a paradigm shift regarding criminal liability for the Board of Directors, Board of Commissioners, and Supervisory Board members (“SOE’s Organs”) through the strengthening of the Business Judgment …

WEBINAR – Doing Business in Indonesia: Necessity of a Shareholders Agreement

A webinar presents by RBP Asia, titled “Doing Business in Indonesia: Necessity of a Shareholders Agreement,” will discuss the importance of shareholder agreements in doing business in Indonesia, both for local and foreign investors. A well-drafted shareholder agreement plays a crucial role in ensuring legal certainty and good corporate governance, particularly in aspects that are …