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News & Publications
19 Dec 2024
Implementing Green Industry Standards to Support E...
The global push for sustainability is being driven by international commitments, such as the Paris Agreement and the United Nations' Sustainable Development Goals (SDGs). As part of this global effort, Indonesia is aligning its environmental, social, and governance (ESG) goals with these frameworks, particularly within its manufacturing sector. One key initiative in this alignment is the implementation of Green Industry Standards, which are designed to foster sustainable industrial practices. This article explores how these standards support Indonesia's broader ESG goals and contribute to a more sustainable manufacturing landscape.
12 Dec 2024
Legal Framework for Underwater Works in Indonesia...
As outlined in Article 1 number 49 of Law Number 17 of 2008 concerning Shipping (“Law 17/2008”) as last amended by Law Number 66 of 2024 (“Law 66/2024”), underwater works are works related to installations, constructions or vessels which are carried out under water and/or underwater works of a special nature, namely the use of underwater equipment which is operated from the water surface.
04 Dec 2024
Stamp Duty and Infringement on Stamp Duty...
The definition of stamp duty under Indonesian law shall mean tax over documents, and the document itself shall mean anything written or in writing, whether hand written, printed, or electronic, that can be used as a form of evidence or information.
28 Nov 2024
An Aggressive Approach to Attract Foreign Direct I...
It is evident that the Foreign Direct Investment (FDI) inflows to the ASEAN region reached an astonishing record amounting to around $230 billion in 2023. The increase was a slight marginal—less than 1 per cent compared to 2022—but it occurred despite a significant 10 per cent decline in global FDI (ASEAN Investment Report 2024). By this means, ASEAN has shown a third consecutive annual increase, accounting for around 17 per cent of global inflows, up from 16.5 per cent in 2022.
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