Business 4.0

Asia | ICT

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In Asia

Indonesia: Economic Snapshot 2024

Click here to read our Indonesia Economic Report and Investment Analysis 2024 online …

In ICT

Unicorn hunt: Indonesia’s tech start-ups are drawing the attention of investors

Sustained GDP growth, supportive government policies and regulations, and increased interest from private equity and venture capital (VC) investors have contributed to robust mergers and acquisitions (M&A) activity in Indonesia in recent years. The year 2021 was a landmark one for such deals in Indonesia, with a record total value of $26bn from 147 deals. Amid global high interest rates and economic volatility, the value of M&A deals in Indonesia dropped to $22.9bn across 215 deals in 20…

Latest

Raising efficiency: Leonard Arpan Aritonang, Partner, LSM Law Firm, on legislative changes aimed at improving permit processing

In the five years leading up to 2022 the government worked to centralise permit applications through an online single submission (OSS) system to make the submission and processing of such applications more efficient. In light of this, Law No. 11 of 2020 on job creation (Job Creation Law) amended Law No. 30 of 2014 on government administration (Government Administration Law). However, in November 2021 the Job Creation Law was declared conditionally unconstitutional because it was created via omni…