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Editorial

With the presidential elections set to take place in April 2019, many international investors have adopted a ‘wait and see’ approach to Indonesia. The current president Joko Widodo is expected to win off the back of his administration's efforts to modernise the country and attempting to eradicate corruption and bribery.

Energy has always been the backbone of the Indonesian economy but the emerging middle class has made the consumer, retail and tech sectors even more prevalent. Indonesia is now home to three unicorn companies: ride-hailing app GO-JEK, online marketplace Tokopedia, and Traveloka, which provides online services for purchasing airline tickets and booking accommodation. As an archipelago, fintech is particularly booming as it provides banking services to the locals who do not have quick access to a local branch.

FIRMS IN THE SPOTLIGHT

Siregar & Djojonegoro

The demand for enhancing the value and quality of legal services in Indonesia has been the guiding force in the founding of Siregar & Djojonegoro law firm in Indonesia. The firm believes that legal services should be conducted with absolute perfection throughout. This can only be done through thorough understanding of the legal aspects together with a perfect knowledge of the commercial and business environment and practices and the client’s background and concerns.

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FIRMS IN THE SPOTLIGHT

Samuel Bonaparte

SAMUEL BONAPARTE was founded by Captain Samuel Bonaparte Hutapea, A.Md., S.H., S.E., Master Mariner in 2012. Prior entering into legal industry, Capt. Bonaparte has 13 years of experience at sea. Started the career as a Deck Cadet, he became a Captain at the age of 25 at A.P. Moller Group for their fleet in Alexandria (Middle East region), he afterwards promoted to Auditor for Iran fleet. He was also serving as Marine Surveyor for Braemar.

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International law firms are prohibited from operating in Indonesia, so many firms have an associated office in Jakarta. Among these are Ginting & Reksodiputro in association with Allen & Overy, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills and Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie. Meanwhile, Dentons has recently announced a tie-up with local outfit Hanafiah Ponggawa & Partners.

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