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By Arfidea Saraswati
The government established the legal framework for Bonded Storage Areas in order to incentivize industrial production and trade across the country.
By Abadi Abi Tisnadisastra
There are 35 business lines that are proposed to be taken out from the DNI. If approved, these business lines will opened for up to 100% foreign investment.
By Mohamad Kadri
On January 26, 2016, the Financial Services Authority (Otoritas Jasa Keuangan – "OJK") issued Rule No. 5/POJK.03/2016 concerning Bank Business Plan (Rencana Bisnis Bank ­– "RBB") ("POJK 5")...
By Abadi Abi Tisnadisastra
The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –"OJK") issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue ("POJK No. 32/2015").
By Arfidea Saraswati
The concession fee must be at least 2.5% of the total gross profit during the concession period.
By Mohamad Kadri
In November 2015, the Financial Authority Services (Otoritas Jasa Keuangan – "OJK") issued Regulation No. 15/POJK.04/2015 on Implementation of Sharia Principles in Capital Markets ("POJK 15"), replacing Bapepam-LK Regulation No. IX.A.13 concerning Issuance of Sharia Securities ("Bapepam Reg. IX.A.13").
By Johannes Sahetapy-Engel
On June 20, 2013, the District Court of Jakarta Barat nullified a Loan Agreement executed only in English, concluding that contracts involving Indonesian parties must be written in Bahasa Indonesia, under Decision No. 451/Pdt.G/2012/PNJkt.Bar.
By Arfidea Saraswati, Filza Adwani
The President of the Republic of Indonesia launched the 35,000 MW Power Plant Construction Program in Samas, Bantul Regency, Special Region of Yogyakarta Province.
By Abadi Abi Tisnadisastra
On December 28, 2015, the Financial Services Authority issued new regulations governing venture capital business, which was previously regulated by the Ministry of Finance,