Indonesia: Building Up Regulations to Support Digital Economy
The issuance of Law No. 11 of 2020 on Job Creation and its implementing regulations, in particular Government Regulation No. 46 of 2021 on Postal, Telecommunication and Broadcasting and Presidential Regulation No. 10 of 2021 on Capital Investment Business Fields, proposes significant regulatory changes to the technology and telecommunication sectors.
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The issuance of Law No. 11 of 2020 on Job Creation (commonly known as the “
Omnibus Law“) and its implementing regulations, in particular Government Regulation No. 46 of 2021 on Postal, Telecommunication and Broadcasting (“
Regulation 46“) and Presidential Regulation No. 10 of 2021 on Capital Investment Business Fields (commonly known as the “
Priority List“), proposes significant regulatory changes to the technology and telecommunication sectors. With the various liberalization and investment incentives offered, the government expects to boost growth in t