Located in the epicenter of the maritime route of the BRI, numerous new investment, construction, loan facilities, and trade agreements have been signed in Indonesia since 2013.

Belt and Road Initiative (BRI) is an infrastructure project proposed by China with more than $500 billion has been invested since its initiation in 2013. Dubbed as the “21st Century Maritime Silk Road”, massive infrastructure constructions in BRI related project has been considered as an alternative source of financing in participating countries.1

In purpose to increase competitiveness and boost up the investment in Indonesia, the Government of Indonesia, under the leadership of President Joko Widodo, plans to change the wage scheme for employee with a view to increasing. The current wage scheme in Indonesia is regulated under Government Regulation No. 78 of 2015 on Wages (“GR 78/2015”), which provides the calculation of a wage scheme on a daily basis. Furthermore, the employer must also comply with the minimum wage provision as stipulated in GR 78/2015. The amount of the minimum wage is decided by the government by taking into account to the need for a decent living, productivity and economic growth.

It has long been established that company directors come under a duty to take creditors’ interests into consideration when their company is in financial difficulty or enters what is commonly referred to as the ‘zone of insolvency’.

We are still accepting submissions for the ALB IP Rankings 2020. The deadline for submission is Friday, March 13, 2020

Harpreet Singh Nehal, former managing partner of Cavenagh Law, the Singapore Formal Law Alliance (FLA) firm of Clifford Chance, has co-founded a disputes-focused boutique in the city-state called Audent Chambers.

India has been seeing the rise of some quality smaller law firms that are punching well above their weight in terms of work handled and services delivered.

Wall Street investment banks JPMorgan and Morgan Stanley have been placed on the Hong Kong Stock Exchange’s “named and shamed” list after the $300 million initial public offering (IPO) of Chinese biotech company Akeso was sent back for not meeting the correct regulatory requirements.

Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said.

Anglo-German law firm Taylor Wessing has ended its eight-year alliance with Singapore’s RHTLaw.