OJK Issues Long-Awaited Regulation on Alternative Credit Scoring

Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued a regulation that aims to make it easier for low-income earners and small businesses to access loans, even if they lack traditional credit histories.

Understanding Indonesia’s New VAT Calculations

Indonesia’s valued added tax (“VAT”) rate was by law increased from 11% to 12% in January 2025, but the move did not quite go as planned. A last-minute announcement by President Prabowo Subianto on 31 December 2024 halted the hike for most goods and services. Instead, the 12% rate now applies only to the delivery and import of luxury goods such...

Redefining Legal Certainty: The Constitutional Court’s Rulings on Arbitration Law

The Constitutional Court of Indonesia (“Court”) has clarified the definition of international arbitration awards and upheld the procedural fairness of their enforcement, reinforcing the finality of arbitration.

Staying Secure: Key Updates on Indonesia’s Cybersecurity Law

Indonesia, Southeast Asia’s largest economy, has experienced rapid digital transformation across sectors such as finance, healthcare, e-commerce, and government services. However, this digital growth has opened new avenues for cybercrime, including data breaches, ransomware attacks, and phishing scams.

Update on Fines and Content Takedowns for Online Platforms in Indonesia

The Indonesian government has updated its approach to fines and content takedowns for user-generated content (“UGC”) violations. Initially, enforcement will focus on online content related to gambling, pornography, and terrorism, with plans to expand to other prohibited content, such as defamation.