Weekly Digest: Accelerates the Regulation Streamlining

By Editorial Team 30/09/2019
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Summary

  • The government plans to revise at least 74 regulations to ease investment. All changes would be summarized in the Omnibus Law, the draft of which to be submitted to the House of Representatives of 2019-2024.
  • Based on a survey of investment ease in Indonesia, four indicators had suffered a decline in quality; they are licensing for building construction, protection of minority investors, cross-country trade, and contract enforcement.
  • The government's soon-to-be-issued policy liberalization in the investment sector might cause conflict in the future, both concerning the cutting down of regional government authority and related to environmental issues.

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