Overview 

With a presidential election taking place this year, Indonesia’s 2019 has certainly been quite tense, politically speaking. Nevertheless, the now twice elected President Joko Widodo and his administrations, both the new and the old, have maintained their focus on attracting a greater amount of investment to Indonesia in an attempt to boost the national economy.

With this focus in mind, the President and his administrations established several new policies during the course of the year aimed at increasing investment. Some of the most notable policies in this regard include tax super deductions, incentives relating to eco-friendly sectors and a simplification of regulations that address various areas, including the hiring of foreign workers. Moreover, the government also managed to issue a number of regulations that have been eagerly awaited, including the Law on Water Resources, regulations on electronic systems and transactions, implementing regulations that addressed halal product guarantees, regulations on electric vehicles and, most recently, a regulation on e-commerce.