G&R Airtime

The current global economic sentiment has affected the fundraising efforts of Indonesian startups, especially in later funding rounds, as companies encounter challenges in justifying their previous valuations. There is a notable shift occurring in the mindsets of both investors and founders, with an increasing focus on profitability and EBITDA as key performance measures. In this episode, we delve into the evolving dynamics of Indonesian startups.

In this episode, we will be discussing the massive growth of digital banks in Indonesia. Our senior associate, Sam Samid along with associate, Agnes Guntara, will touch upon what a digital bank is from a legal perspective and what has been driving banks’ appetite for digitalisation in recent years, including the regulatory hurdles that investors should be aware of.

In Indonesia, the Personal Data Protection (PDP) Bill was passed and become law in October 2022 in Indonesia. PDP Law is the first comprehensive law in Indonesia to govern personal data protection in both electronic and non-electronic systems. Albeit being passed in October 2022, in the provisions of the PDP law, there is a two year grace period to allow parties to comply with the new standards imposed.  With two-years grace period for parties to comply with its requirements, enactment of implementing regulations is forthcoming but uncertainties are still up in the air. However, that does not mean that companies cannot prepare themselves for the PDP Law.  To learn more, tune in to our data specialists, Cedric Lindenmann, Prasetyo Sukirno, Agnes Guntara’s discussion on the latest happenings in Indonesia.

Singapore’s Personal Data Protection Act (PDPA) had its first comprehensive review since 2012. The review has changed the Personal Data Protection Commission’s (PDPC) enforcement powers, they can now impose fines of 10% of a company’s turnover under certain circumstances - what does this mean for your businesses?  The PDPC also recently released guidelines on ‘Personal Data Protection Considerations for Blockchain Design’. As businesses across the world are starting to deploy distributed ledger technologies some of these blockchain networks have started storing personal data. From a practical perspective, how does the PDPA affect businesses that are using blockchain technologies to process personal data?  Tune in to Cedric Lindenmann, Yu Jia Ang and Jessica Dye’s discussion on data protection developments in Singapore.

In the first episode, our team of ASEAN data experts gave a high level update on the latest happenings in the region. Among other developments, we know that:  The Indonesian government has recently passed the Personal Data Protection Bill  The very first data protection legislation in Thailand has finally come into effect in June 2022. The PDPA in Singapore has had its first comprehensive review since 2012  Let our team of ASEAN data experts talk you through these developments, and what it means for your business.  Email us to get first hand news on these updates.

This week on G&R Airtime we ask the question: “what is legal tech and how is it revolutionising the legal profession?” We discuss the different types of legal technology that are available in the market and how we have used some of them in the course of day-to-day transactions.

G&R Airtime is joined by Sally Dewar, CEO of A&O Consulting, Allen & Overy’s regulatory consulting business, to talk about how consultants can add significant value to businesses when it comes to interpreting and implementing legal advice in a way that fits strategically with their business model.

In this episode of G&R Airtime we are joined by Paul Hemming, Managing Partner of Wellington Capital Advisory, to discuss the current state of Indonesia’s economy in light of the ongoing COVID-19 pandemic and provide our insights into what the future holds for Indonesia as a significant player on the global stage.

As part of our Women’s Network series, this week on G&R Airtime we are joined by Caroline Riady, CEO of Siloam Hospitals Group which is the single largest private hospital group in Indonesia.

This week on G&R Airtime we take a closer look at the potential impact of the draft Omnibus Law on foreign investment into Indonesia. Disclaimer: this podcast and previous episodes were recorded prior to the enactment of the Omnibus Law in Indonesia and therefore the views expressed in these episodes are based on the draft legislation.

Staying on the topic of Indonesia’s proposed Omnibus Law, this week on G&R Airtime we discuss how the new law will affect the business license process in Indonesia.

Following on from last week’s episode, this time on G&R Airtime we are diving a little deeper into the provisions of Indonesia’s proposed Omnibus Law and in particular we look at the section dealing with employment.

In this episode, G&R Airtime discusses Indonesia's proposed Omnibus Law, which aims to consolidate numerous provisions across various industry sectors into one, overarching law.

This week’s episode of G&R Airtime examines Indonesia’s competitive edge in the electric vehicle industry, but also the challenges players in this sector face.

This week G&R Airtime turn their attention to the flourishing e-commerce market in Indonesia. We speak to Niki Satyapeni, associate in our Corporate team, to learn more about this booming sector.

This time on G&R Airtime we provide an overview of M&A activity in the financial services sector in Indonesia. We are joined by Kenna Safrudin, former counsel in our corporate team in Jakarta, who provides a summary of the legal and regulatory framework for financial services M&A transactions.

This week we speak to our very own head of Human Resources for the Jakarta office, Sani Pradipto, to find out about what it takes to be a successful lawyer and to discuss how law firms, in particular Allen & Overy, are adapting their approach to recruitment and retention of their employees in an ever-evolving business world.

In this episode we discuss the recent regulations issued by OJK in response to the Covid-19 pandemic relating to electronic General Meetings of Shareholders (e-GMS) for public companies in Indonesia. Listen to learn more about the practicalities and some of the potential pitfalls of holding an e-GMS.

Listen to the second part of our first episode of our Jakarta Women’s Network series. We continue our discussion with Andri Wardhani, associate at Golden Gate Ventures, to further discuss the representation of women in the tech sector and she shares some advice for women looking to embark on a career in tech. Listen to Part 2 of this two-part episode.

In the first episode of our Jakarta Women’s Network series, we are joined by Andri Wardhani, associate at Golden Gate Ventures, to discuss the representation of women in the tech sector and to hear about her experiences of working for a venture capital firm. Listen to Part 1 of this two-parts episode.

This week on G&R Airtime, our lawyers discuss employment law and regulations in Indonesia and address some of the many questions that employers are facing as a result of the Covid-19 pandemic.

In Episode 10 of G&R Airtime, we provide a brief overview of the regulatory framework regarding private placement of debt securities and sukuk issuances in Indonesia.

This time on G&R Airtime we are discussing the loan restructuring regime in Indonesia. We also look at some of the measures that the Indonesian government has put in place in response to the Covid-19 pandemic. This episode is delivered in Bahasa Indonesia/English.

This week’s episode of G&R Airtime analyses the start-up scene in Indonesia and discusses the pathway to an initial public offering (IPO) for unicorn and decacorn companies.

This time we are discussing the current state of affairs in relation to sovereign bonds and sovereign debt, with a particular focus on Indonesia. This topic has received a lot of interest, as the Covid-19 pandemic has intensified the challenges faced by many sovereigns and their creditors. This episode is delivered in Bahasa Indonesia.

With large numbers of people around the world working from home, the question of how you can practically and validly execute documents is one which has troubled many. Getting it wrong can have serious and irreversible consequences. In this episode, we look at the legal status of e-signatures in Indonesia.

The world of cryptocurrencies can sometimes seem daunting and complex to the uninitiated. In this episode of G&R Airtime, our hosts go back to basics on cryptocurrency and discuss how the regulators in Indonesia view them.

G&R Airtime speaks to Ivan Tambunan, CEO and co-founder of Akseleran, one of Indonesia’s leading peer-to-peer lending platforms, about all things P2P.

G&R Airtime unpacks the jargon behind e-Money, e-Payments and e-Wallets in Indonesia, and discusses their related developments and regulatory requirements in the face of Indonesia’s desire to move to a cashless society.

G&R Airtime speaks to James Prananto, COO and co-founder of Kopi Kenangan, one of Indonesia’s homegrown coffee chains, about the company’s journey and impressive growth. This episode highlights things to consider when starting a business from a commercial perspective, and provides a useful insight into the increasingly important role of fintech in modern business.

G&R Airtime shares a sneak peek into what to expect from this podcast series.