Indonesia Updates State-Owned Enterprises Legal Framework Through Law No. 16 of 2025
Background On 6 October 2025, the Indonesian Government enacted Law No. 16 of 2025 on the Fourth Amendment to Law No. 19 of 2003 on State-Owned Enterprises (“Law 16/2025”). The enactment of Law 16/2025 reflects the Government’s continuing effort to strengthen the governance and efficiency of state-owned enterprises (“SOEs”) as key contributors to Indonesia’s economic […]
Indonesia’s Latest Regime on Risk-Based Business Licensing System Under BKPM Regulation No. 5/2025
Background On 1 October 2025, the Minister of Investment and Downstream Industry/Head of the Investment Coordinating Board (the “BKPM”) issued Regulation No. 5 of 2025 on Guidelines and Procedures for the Implementation of Risk-Based Business Licensing and Investment Facilities Through the Electronically Integrated Business Licensing System (Online Single Submission) (“MR 5/2025”). MR 5/2025, which took […]
Indonesia’s New Risk-Based Licensing Regime
Background On 5 June 2025, the Government of Indonesia (“Government”) issued Government Regulation No. 28 of 2025 on the Implementation of Risk-Based Licensing (“GR 28/2025”) as part of its ongoing regulatory reform to refine and streamline the business licensing process. GR 28/2025 revokes and replaces Government Regulation No. 5 of 2021 on the same subject […]
