Archive: 27 October 2015
2 articles found
Tue, 27 Oct 2015, 10:21 WIB
Changes to manpower regulations allow for non-resident directors
Changes to Manpower regulations have just been announced (See Peraturan Menteri Ketenagakerjaan No 35 Tahun 2015) amending former regulations (Peraturan Menteri Ketenagakerjaan Nomor 16 Tahun 2015) relating to foreign workers in Indonesia. In companies with more than one director, the new rules do now not compel non-resident directors to obtain a KITAS/IMTA (residence visa/work permit). The same applies to commissioners (komisaris).
Tue, 27 Oct 2015, 08:09 WIB
Indonesia will join Trans-Pacific trade pact: Widodo
US President Barack Obama won Indonesia's endorsement for a contentious trans-Pacific trade deal on Monday, with the president of Southeast Asia's largest economy vowing to join. During a meeting with Obama at the White House, Joko Widodo risked the ire of economic nationalists at home and pledged to join the pact. "Indonesia is an open economy and with a population of 250 million, we are the largest economy in Southeast Asia," Widodo said in the Oval Office.