Newsletter
Regulatory Framework for Notification on Mergers, Acquisitions, and Consolidations in Indonesia to Komisi Pengawas Persaingan Usaha
Dec 05, 2024
In today's rapidly evolving and competitive business landscape, mergers and acquisitions (M&A) and consolidation have become increasingly prevalent across various industries. These strategic corporate actions enable companies to broaden their market presence, access new technologies, or achieve greater operational efficiencies. However, despite the clear benefits,...
The Implementation of Anti-Dumping Duty (BMAD) on Ceramic Tile Products from China: An Effort to Protect the Local Ceramic Industry
Nov 29, 2024
The government, through Minister of Finance Sri Mulyani Indrawati, has issued an Anti-Dumping Duty ("BMAD") policy on imported ceramic tile products from China. This policy is outlined in the Minister of Finance Regulation ("PMK") Number 70 of 2024, effective as of October 14, 2024, and will be enforced for the next five years...
A Brief Overview of the Constitutional Court's Latest Ruling and Its Implications for Employment Law in Indonesia
Nov 27, 2024
Indonesia's employment law landscape has recently undergone significant changes due to the Constitutional Court's latest ruling, Number 168/PUU-XXI/2023, on the Omnibus Job Creation Law, issued on October 15, 2024 ("Constitutional Court"). Originally enacted on November 2, 2020, the Job Creation Law was designed to simplify Indonesia's regulatory environment, stimulate economic growth, and attract foreign investment...
Regulatory Framework for Private Placement in Indonesia: Understanding OJK Regulation No. 38/POJK.04/2014
Nov 25, 2024
Private placement is a strategic method for Indonesian companies to raise capital by offering securities directly to selected investors, bypassing a public offering. Governed by the Capital Market Law and regulations from the Financial Services Authority (Otoritas Jasa Keuangan or OJK), private placement has become a popular fundraising option due...
Chinese Companies Entering Indonesia: Legal Due Diligence Helps Avoid Potential Risks
Nov 22, 2024
In recent years, Indonesia has become one of the top investment destinations for foreign companies, including major corporations from China. As the largest economy in Southeast Asia, Indonesia offers tremendous potential across various sectors, from infrastructure and energy to manufacturing. However, while these opportunities are highly attractive...
The Obligation of Post-Mining Reclamation Guarantee: Regulations, Sanctions, and Implementation in Indonesia
Nov 21, 2024
In order to achieve better environmental responsibility in the mining sector, the Indonesian government has implemented strict regulations regarding reclamation and post-mining guarantees, clearly outlined in Article 100 of Law No. 3 of 2020 on Mineral and Coal Mining...
The Ministry of Energy and Mineral Resources' Policy on The Prioritization of Domestic Products for Electricity Infrastructure
Nov 19, 2024
The Ministry of Energy and Mineral Resources (MEMR) plays a crucial role in guiding and overseeing the prioritization of the utilization of domestic goods and services in the effort to provide electricity. Recently, the MEMR issued a policy, namely MEMR Regulation No. 11 of 2024 on the Use of Domestic Products for the Development of Electricity Infrastructure (Permen 11/2024)...
Indonesia's Dominance in The Global Nickel Market: A Key Pillar in Supplying The World's Strategic Commodity
Nov 18, 2024
According to the 2024 U.S. Geological Survey report, the world's nickel resources are estimated to exceed 350 million tons, with global mine production projected to increase from 3.27 million tons in 2022 to 3.6 million tons in 2023. This reinforces the notion that nickel is becoming one of the most strategic metal commodities amid the global shift towards a more environmentally sustainable economy...
Surveillance in SNI Certification: Key Processes and Requirements in Indonesia
Nov 16, 2024
Indonesian National Standards (Standar Nasional Indonesia or SNI), as stipulated in Article 20 paragraph (2) of Government Regulation No. 34, can be applied to goods traded or distributed, services provided, processes or systems implemented, and personnel involved in specific activities...
Freedom of Contract in Indonesia: Scope and Limitations for Foreign Investors
Nov 14, 2024
Freedom of contract or the freedom to make an agreement, is a fundamental principle in civil law that grants parties the right to determine the content, form, and terms of an agreement. In Indonesia, this principle is enshrined in Article 1338 of the Indonesian Civil Code, which states that any agreement made legally is binding as law for the parties who make it...