Newsletter

Indonesian Nickel Surplus Affects Global Market, Australian BHP's Pause in Nickel Operations Signals Continued Price Decline

Indonesian Nickel Surplus Affects Global Market, Australian BHP's Pause in Nickel Operations Signals Continued Price Decline

The global nickel ore market has struggled with severe oversupply issues, significantly impacting nickel prices and related industries. Indonesian government has introduced several policies to boost domestic nickel mining and smelting, leading to rapid increases in production. However, this rapid growth has resulted in an oversupply in the market, causing a declin...
Indonesia Intensifies Fight Against Illegal Mining: Upgraded SIMBARA System Bolsters Tin and Nickel Oversight

Indonesia Intensifies Fight Against Illegal Mining: Upgraded SIMBARA System Bolsters Tin and Nickel Oversight

In a significant move to curb illegal transactions involving tin and nickel, the Indonesian Government has introduced the latest development of the Ministry and Agency Mineral and Coal Information System (Sistem Informasi Mineral dan Batu Bara antara Kementerian dan Lembaga - "SIMBARA"). This updated system now includes oversight for tin and nickel commodities...
Indonesian Government Forms Task Force to Monitor Illegal Imports and Imposes Protective Tariffs

Indonesian Government Forms Task Force to Monitor Illegal Imports and Imposes Protective Tariffs

On July 16, 2024, Indonesian media reported that the government will form a special task force to monitor illegal imports. This task force will consist of 19 ministries and agencies, including the Attorney General's office and the police, overseeing the import of clothing, electronics, ceramics, shoes, and lamps...
APPDI Breakfast Meeting, a Morning of Insight and Networking

APPDI Breakfast Meeting, a Morning of Insight and Networking

New Regulations for Foreign Investment in Indonesia's Medical and Pharmaceutical Industry

New Regulations for Foreign Investment in Indonesia's Medical and Pharmaceutical Industry

In 2021, the Indonesian government, alongside foreign investments in the medical sector, maximized the development of the health industry to promote the expansion of health insurance. The Health Law issued in 2023 replaced mandatory health expenditures with a performance-based budgeting system guided by market demand. This law also introduced...
A Crucial Focus Group Discussion on Strategic Program Research “Personal Data Security: Challenges to Supervision and Law Enforcement in Financial Sector”

A Crucial Focus Group Discussion on Strategic Program Research “Personal Data Security: Challenges to Supervision and Law Enforcement in Financial Sector”

On 18 July 2024, Bank Indonesia is set to hold an essential Focus Group Discussion (FGD) at the JW Marriott Hotel in Medan, North Sumatra. The event, themed "Personal Data ...
Bali International Arbitration and Mediation Center and University of Udayana  Empowering the Next Generation

Bali International Arbitration and Mediation Center and University of Udayana Empowering the Next Generation

Bali International Arbitration and Mediation Center (BIAMC) is delighted to announce the signing of a momentous Memorandum of Understanding (MoU) with Universitas Udayana (UNUD). This landmark agreement, signed online on 11 July 2024, marks a significant milestone in fostering collaboration and enhancing educational and professional opportunities in the fields of arbitration and mediation.
Submission Deadline for the Investment Activity Report (LKPM)

Submission Deadline for the Investment Activity Report (LKPM)

LKPM is a report on the development of investment realization and issues faced by business actors that is obliged to be prepared and submitted regularly. LKPM is important for the government as it provides insight on investment potential, obstacles and policies that should be implemented by Furthermore, LKPM becomes important for business actors because...
Empower Your Business with NBK-Indonesia's Trusted Financial Partner

Empower Your Business with NBK-Indonesia's Trusted Financial Partner

We recommend Nusantara Bisnis Konsultan (NBK) to Chinese enterprises in Indonesia, a reliable partner that provides professional tax services to foreign investors in the Indonesian market...
Trademark Renewal in Indonesia

Trademark Renewal in Indonesia

A registered trademark in Indonesia receives a protection period of 10 years from the date of filing. The filing date is defined as the date on which the trademark application is received and all requirements are fulfilled, including the completed application form, trademark label, and proof of payment of registration fees...
House of Representatives Passes the Mother and Child Welfare Law: 6 Months of Maternity Leave and Salary Guarantee for Mothers

House of Representatives Passes the Mother and Child Welfare Law: 6 Months of Maternity Leave and Salary Guarantee for Mothers

The House of Representatives (DPR) has passed the Draft Law on Mother and Child Welfare (Kesejahteraan Ibu dan Anak or KIA) into Law during a plenary session of the DPR, Tuesday (6/4/2024). One of the key points of this law is the guarantee that a mother has the right to maternity leave for up to 6 months. This provision is stated in Article 4 Paragraph (3)...
The United Kingdom as Your Child's Ultimate Educational Adventure

The United Kingdom as Your Child's Ultimate Educational Adventure

The United Kingdom (UK) shines as a global hub of educational brilliance, offering a myriad of opportunities for students seeking an exhilarating learning voyage. With its prestigious schools, vibrant cultural experiences, and supportive environment for young learners, the UK emerges as the ultimate destination to cultivate your child's academic prowess...
Mengupas Privasi Digital dan Pengawasan di Malaysia: Tantangan dan Peluang

Mengupas Privasi Digital dan Pengawasan di Malaysia: Tantangan dan Peluang

BIAMC Teams Up with Atma Jaya Catholic University for a Bold New Future

BIAMC Teams Up with Atma Jaya Catholic University for a Bold New Future

On June 10th, Bali International Arbitration and Mediation Center (BIAMC) and the Faculty of Law at Atma Jaya Catholic University of Indonesia formed an exciting collaboration. The virtual signing ceremony featured BIAMC's Founding Chair/CEO, Ms. Naz Schinder, and the esteemed Dean of the Faculty of Law at Atma Jaya, Dr. iur. Asmin Fransiska, S.H., LL.M
Indonesia Tax Guide: Quickly Master the Basics of Finance and Taxation in Indonesia

Indonesia Tax Guide: Quickly Master the Basics of Finance and Taxation in Indonesia

In Indonesia, individuals or entities that meet certain conditions must register for a tax identification number (Nomor Pokok Wajib Pajak (NPWP) to fulfill their tax rights and obligations Members of a business group are taxed separately as there are no exemptions for business groups...
Menggali Signifikansi Perlindungan Data dan Profesi Pendukungnya

Menggali Signifikansi Perlindungan Data dan Profesi Pendukungnya

Pada hari Jumat, 17 Mei 2024, Fakultas Hukum Universitas Katolik Indonesia Atma Jaya mengadakan seminar daring "Privacy & Data Protection Week Seminar: Mengenal Arti Pelindungan Data dan Profesi Penunjang Pelindungan Data Pribadi”. Acara ini diorganisir oleh Fakultas Hukum Universitas Katolik Indonesia Atma Jaya bekerja sama dengan...
The New BPJS Implementation System

The New BPJS Implementation System

President Joko Widodo has officially issued Regulation of the President No. 59 of 2024 on the Third Amendment to Regulation of the President No. 82 of 2018 on Health Insurance ("RP 59/2024"). Under this regulation, several changes have been made to the BPJS system, specifically the dismissal of the class system in BPJS and the adjustment of BPJS members...
Schinder Law Firm and Sun Lawyers LLP Form Strategic Cooperation

Schinder Law Firm and Sun Lawyers LLP Form Strategic Cooperation

On 8 May 2024, Indonesia' Schinder Law Firm and Hong Kong's Sun Lawyers LLP held a meaningful ceremony to sign a strategic cooperation agreement, officially embarking on a deep collaboration and win-win path in the field of international legal services. The ceremony was attended by Schinder Law Firm's...