39 ASIAN LEGAL BUSINESS – AUGUST 2024 WWW.LEGALBUSINESSONLINE.COM Ma introduced the development of international arbitration in Southeast Asia, the Asia-Pacific International Arbitration Institute’s layout and service features in the region, and the challenges Chinese lawyers face when participating in international arbitration, including language, cultural, and institutional issues. He explained how the Institute’s neutral and friendly services, rules, and arbitrator selection can help Chinese lawyers and enterprises better navigate the challenges of going abroad. Ma’s presentation was followed by a panel discussion, moderated by Chen Cong, CEO and Senior Partner of Tiantai Law Firm. The panelists included Edwina Mononutu, Legal Head (Director) of GSK’s Indonesia Legal Department, Josef Sunario, Group Head of Legal Affairs at PT Datang DSSP Power Indonesia, and Ira Thania Rasjidi SH MH, VP Legal at NS BlueScope Indonesia. Together they engaged in a discussion titled The Evolving Legal Landscape in Indonesia: Overview and How Chinese Law Firms Can Assist Enterprises in Investing in Indonesia. Chen first invited the panelists to introduce the latest trends in legal regulations in Indonesia’s investment sector. Mononutu highlighted investment trends in the pharmaceutical sector, especially Indonesia’s increasingly relaxed investment requirements, changes in government budgets, and the impact of digital economy development on the pharmaceutical industry. Sunario, representing the energy sector, noted that Chinese investment in Indonesia is facing historic opportunities, particularly with the Indonesian government’s push for green energy transformation, which presents new opportunities for Chinese enterprises in clean energy and battery sectors. He also emphasized the importance of foreign investment in the complete industrial chain, such as the electric vehicle industry chain. Rasjidi, from the steel manufacturing industry, pointed out that Indonesia’s manufacturing products have always faced challenges from low-cost imports. Additionally, the new labor law provides more protection Jia Zongda, Senior Partner of Tiantai Law Firm Shanghai Office Ma Zhanjun, President of the Asia Pacific International Arbitration Chamber Zhang He, Director of the Management Committee of Tiantai Law Firm Lia Alizia, Partner at Makarim & Taira S. Law Firm ALB & TIANTAI FORUM 2024
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