Singapore court’s cryptocurrency decision
Implications for cryptocurrency trading, smart contracts and AI
Cultivate - Food and agribusiness newsletter
Publication | July 2017
In this thirteenth edition of Cultivate, we focus on the innovative technology that is helping to change the food and agribusiness sector. Like almost every other industry, the food and agribusiness sector is seeing increasing change and disruption driven by new technology and the new businesses that this technological change creates. In this edition, we have a profile on the introduction of cellular agriculture and analysis on how agritech is a necessity for the UK to remain a leader in the industry. Given the importance of technological change to the sector, we will continue to focus on these issues for upcoming editions of Cultivate.
We also review three major cases that have turned the European Commission’s spotlight on the agricultural sector. These cases are likely to guide the Commission’s review of mergers in key parts of the agricultural sector for years to come. Other highlights in this edition include the impact of EU trade agreements on the agricultural sector and the latest news in food safety for a number of jurisdictions.
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Indonesia relaxed rules on professions open for foreign workers
Decree No. 228 of 2019 (Decree 228/2019) came into effect on 27 August 2019, which simplifies and revokes previous decrees of the Ministry of Employment (MoE) to widen the type of job titles allowed for foreign professionals to work in Indonesia.
Indonesia’s Investment Coordinating Board revises divestment requirements
The Indonesian Investment Coordinating Board (BKPM) enacted BKPM Regulation 5/2019 to amend last year’s implementing regulation on guidelines and procedures for licensing and facilities under Indonesia’s foreign direct investment (FDI). The new regulation particularly includes requirements on divestment obligations for foreign direct investment companies.
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