The requirements under the Act on the Promotion of Female Participation and Career Advancement in the Workplace (APFPCA) are currently applicable only to companies with more than 300 regular employees. However, thanks to a recent revision, they will apply to companies with more than 100 regular employees from 1 April 2022. An amendment to the Child and Family Care Leave Act will also become effective on 1 April 2022. These changes stem from the same root as those made to the APFPCA — the goal of creating working environments that enable employees of both genders to participate and advance equally.
Unlike in other jurisdictions, straightforward corporate power purchase agreements are not possible in Indonesia, as only the Indonesian state-owned power utility PT PLN (Persero) (PLN) and private power developers that have the relevant business area approval can sell electricity to end customers. As a result, there is a general perception among developers and corporates alike that it is not possible to implement corporate PPA structures in Indonesia. In fact, this is not the case, and as the Government of Indonesia makes a big push for rooftop solar schemes, we expect to see an uptick in structures that enable private developers to arrange for electricity generation to customers.
This series of four reports features key considerations and action points for business leaders and decision-makers in the region as they make strategic decisions, pursue growth and secure lasting success. Based on a custom survey of 800 respondents, in partnership with Acuris, this series spans four main areas of business: Supply Chains, New M&A Landscape, Digital Transformation and ESG.
Cross-border lending in Asia Pacific continues to grow steadily despite external factors such as COVID-19. While the region is not immune to external factors, borrowing volumes for financial institutions, credit funds and other market participants remain high in Asia Pacific. Considering the demographics of many of the nations, the various financial centers and many market participants investing more substantially in some of those financial centers, we remain optimistic that lending activity across Asia Pacific will continue to grow.
The Government of Indonesia is making a big push to encourage the development of rooftop solar PV projects, in line with the policies it began to introduce with the issuance of Minister of Energy and Mineral Resources (MEMR) Regulation No. 49 of 2018 (“Reg 49”), in order to encourage Indonesia’s solar PV industry, and its global commitments to reduce greenhouse gas emissions. The MEMR has now revoked Reg 49 and replaced it with MEMR Regulation No. 26 of 2021 on Rooftop Solar Power Plants Connected to the Electricity Grid for Public Interest License Holders (“Reg 26”). Reg 26 became effective on 20 August 2021.
Does your workforce include casual employees? Laws relating to casual employment have undergone significant changes due to recent amendments to the Fair Work Act 2009 (Cth) (FW Act). Several changes require employers to take action now, by or after 27 September 2021. We set these out below along with some recommended actions.
In the current pandemic, many employers have been required to rapidly shift to a remote working model. This shift has raised a number of issues that employers have had to consider, including how best to monitor remote workers’ hours of work, how to appropriately supervise and mentor them, and how to appropriately address health and safety obligations outside the usual office environment.
With the tightening of Australia’s border controls restricting the ability of individuals to travel overseas and back again, employers are now also grappling with situations where employees who have traveled outside Australia are requesting the ability to work remotely whilst overseas.
The Personal Data Protection Commission recently released new guidance, including an update to the Guide to Data Protection Practices for ICT Systems, a Handbook on How to Guard Against Common Types of Data Breaches, and Checklists to Guard Against Common Types of Data Breaches.
For a little over a year now, the financial sector has been occupied with the need for resilience in the face of the challenges posed by the pandemic, but we are now swiftly and surely moving into the reform and renewal stages of recovery. It’s now time to reflect on what is changing as well as the lessons we have learnt so that the financial sector can continue to best serve and support its clients and markets.
Hong Kong controls dual-use items under the Import and Export Ordinance and its corresponding subsidiary legislation, the Import and Export Regulations. On 17 September 2021, an order to amend the list of strategic commodities under relevant schedules to the IESCR came into effect. The amendments aim to align Hong Kong’s control list with international non-proliferation regimes, including the Wassenaar Arrangement.