On Monday 19 October 2020 Indonesia Investments released a new report, titled 'Introduction Omnibus Job Creation Law'. This report discusses the contents and consequences of the recently approved Omnibus Law as well as its controversial aspects (especially for workers and the environment).

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For the past couple of months we have frequently heard President Joko Widodo and other top government officials refer to the upcoming omnibus laws as key tools or solutions to improve the quality and attractiveness of Indonesia’s investment environment.

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On Tuesday (07/01) Indonesia Investments released the December 2019 edition of its monthly report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of December 2019 and also touches upon key international developments that made an impact on the Indonesian economy.

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At the latest annual meeting of Indonesia’s central bank (Bank Indonesia), this lender of last resort presented a white paper on the digital rupiah (central bank digital currency, or CBDC). Just like what is happening abroad (and likely also in response to the rise of cryptocurrencies), Bank Indonesia is eager to launch a digital rupiah, possibly ultimately aiming to gradually phase out the use of physical money (notes and coins).

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