The government has issued numerous regulations which address the area of horticulture, especially in regard to imports and exports. This edition of ILD will offer up an analysis of a number of policies which are relevant within the framework of horticultural import-and-export activities.

Import-duty exemption facility was previously regulated under Head of BKPM Regulation No. 16 of 2015 on Guidelines and Procedures for Investment Facility Services, and no significant changes have been made in terms of the procedures which have to be followed in order to obtain this facility.

In order to address this new investment regime, this edition of Indonesian Law Digest (ILD) has been divided up into two parts. The first part will examine the issue of investment licenses, including licenses for both representative and branch offices. Meanwhile, the second part will address provisions which relate to investment facilities and investment control.

This edition of Indonesian Law Digest (ILD) will analyze the country's excise legal regime, specifically its most important regulation, Law No. 11 of 1995 on Excise, as amended by Law No. 39 of 2007 ("Excise Law"). Our discussion will revolve around several matters, including: lists of excisable goods which are recognized in Indonesia, excise tariffs, how to settle excise for excisable goods, the various licenses which are required in order to operate businesses which relate to excisable goods and prohibitions under the Excise Law.

Throughout 2017, Hukumonline managed to summarize, analyze and highlight a total of 738 regulations as part of its daily Indonesia Legal Brief (ILB), weekly Indonesia Law Digest (ILD) and Monthly Law Review (MLR), which we have classified into Trade, Energy and Natural Resources, Financial Services, General Corporate, Tax, Manufacturing and Industry, Consumer and Retail, Telecommunication and Media, as well as a number of other sectors which we have grouped under the Miscellaneous banner.

BI Regulation 19/2017 finally offers an official definition of Fintech under national legislation. The regulation defines Fintech as the utilization of technology within the financial system in order to create new products, services, technologies and/or business models, which may affect the stability of the monetary and financial systems, and/or the efficiency, safety and reliability of payment systems.

As understood from the definition of distribution, two mechanisms are available for the distribution of goods, specifically: (1) Indirect distributorships; and (2) Direct distributorships.

It is undoubtedly the case that, at the moment at least, the advantages for companies in terms of their adoption of business and human-rights principles are more social than they are financial. However, many circles believe that the implementation of business and human-rights principles by businesses will ultimately offer greater access to business opportunities.

In addition to the current common incorporated and unincorporated entities, there are also several types of business entity which are based on Indonesian law and which can be utilized under limited conditions in regard to their establishment, ownership and operations.

This edition of Indonesian Law Digest (ILD) has been aimed squarely at helping our subscribers to understand the context and the various challenges involved in the implementation of economic instruments for environmental management within the business sector. This edition of ILD also addresses whether such instruments will ultimately prove effective or not, based on best practices.