Friday, May 20, 2016
This week’s Indonesian Law Digest (ILD) will discuss the various legal issues involved in the processing and purification of minerals, and will cover: The various parties and mining products which are subject to the obligation; The construction of smelters; and The exporting of smelted mining products
Friday, May 13, 2016
This week’s edition of Indonesian Law Digest trains its expert lens on the various steps involved in the establishment unscheduled commercial helicopter companies, including the obtaining of business licenses, helicopter ownership requirements, and the various obligations that must be fulfilled by such companies at all times. Also in focus are the procurement of helicopters, the various categories of heliport and their construction requirements, tariffs for chartering helicopter services, and the granting of flight approval prior to take off. Have a safe flight!
Wednesday, May 04, 2016
This edition of Indonesian Law Digest (ILD) follows up on last week’s ILD publication (No. 452), which set out the list of government regulation drafting program under Presidential Decree No. 10 of 2016 on the 2016 Governmental-Regulation Drafting Program.
Thursday, May 26, 2016
The Circular Letter sets out further guidelines for non-bank financial institutions (“NBFI”) for the implementation of mandatory risk-management measures, as well as for the preparation of self-assessment reports on the implementation of such measures, as mandated under OJK Regulation No. 1/POJK.05/2015 on the Implementation of Risk-Management for Institutions.
Wednesday, May 25, 2016
The 2016 Regulation concerns parties engaged in the distribution of goods which are both tradable and usable by consumers or businesses, specifically goods which are deemed “tangible or intangible, movable or immovable, consumable or non-consumable,” which find their way to end users via distribution chains. Such chains can either be “Direct” or “Indirect”.
Tuesday, May 24, 2016
After a lengthy revision process, the government has finally issued Presidential Regulation No. 44 of 2016 on the List of Business Fields Which Are Closed and Conditionally Open to Investment, commonly known as the Negative Investment List (Daftar Negatif Investasi – “2016 DNI”).
Friday, April 29, 2016
One regulation worth mentioning which was issued this month is Minister of Transportation Regulation No. PM 32 of 2016 on the Organization of Non-Fixed-Route Motorized Passenger Transportation for the Public. Through this regulation, the government has finally addressed the current turmoil over application-based transportation services.
Thursday, March 31, 2016
Moving on, three notable pieces of legislation were passed by the House of Representatives in mid-March which seemingly have the best economic interests of the Indonesian public at heart. Firstly, the Bill on the Protection and Empowerment of Fishermen, Fish Farmers and Salt Farmers paves the way for Indonesia to become a strong maritime country. The second piece of legislation, the Bill on Persons with Disabilities, legally obliges employers to ensure that at least 1% of their workforce comprises of people with disabilities. The Bill on the Prevention and Control of Financial-System Crises has also just passed into law and has been long awaited by the Ministry of Finance
Monday, February 29, 2016
It’s fair to conclude that the economic climate in Indonesia has proved reasonably steady during February. There has been no significant movement with respect to the national economy, although the Rupiah is showing encouraging signs of strengthening. Economists believe that the currently sluggish US economy and the decision by Bank Indonesia (BI) to cut interest rates, as well as increasing investor confidence regarding Indonesia’s economic performance are the three main factors behind the country’s present stabilization.