Legal Framework
From The Report: Indonesia 2020
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This chapter examines the legal system of Indonesia, focusing on regulations to boost investor appeal and enhance the ease of doing business. These include measures for the regulation of e-commerce activities to support ongoing digitalisation, data protection legislation and the proposed omnibus laws. This chapter contains a viewpoint from Teguh Maramis, Senior Partner, Lubis Santosa & Maramis.

Articles from this Chapter

Overview

Servicing the nation: Expanding e-governance and enabling e-commerce are seen as key methods to boost economic growth
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Indonesia’s ranking on the ease of doing business index in the World Bank’s “Doing Business 2020” report remained at 73rd of 190 countries, the same position as one year prior. The introduction of various regulations and policies that were designed to be friendly to investors apparently have not succeeded in boosting Indonesia’s ranking to 40th, which has been targeted by President Joko Widodo, better known as President Jokowi. Government Regulation No. 24 of 2018 on electronic…

Viewpoint

Sweeping reform: Teguh Maramis, Senior Partner, Lubis Santosa & Maramis, on the implications of the omnibus laws
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Teguh Maramis: Viewpoint The current government’s vision is clear: to develop our human resources skills to meet demand from various business sectors, and continue the development of infrastructure that has won praise both locally and internationally. The government insists that the only way to bring Indonesia into the top-five global economies by 2045 is by improving its investment climate. Indonesia was ranked 73rd out of 190 economies in the World Bank’s ease of doing business index in 2020.…