Legislative Update
BKPM Stops Issuing Licenses On 21st June, the government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services. As a consequence, the BKPM will quickly droop the processing and issuing of licenses and will transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for itemizing on the IDX and clarifies several items that are not clearly regulated beneath the old rule. Indonesia Relaxes Mandatory Employer Contributions to Manpower Social Security Programs Amid …
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