Category: Newsflash

  • NewsflashSeptember 26, 2013

    Statute of Limitation to Claim Payment under Manpower Law

    The Constitutional Court has added yet another complication to employer-employee relations in Indonesia. In Decision No. 100/PUU-X/2012 dated September 19, 2013 (the “Decision”), the Court revoked Article 96 of the Manpower Law (Law No. 13 of 2003) on the basis that it was inconsistent with the Constitution. Article 96 provided that claims with respect to payments arising from Read more…

  • NewsflashAugust 27, 2013

    Coastal and Small Island Reclamation

    Presidential Regulation No. 122 of 2012 on Reclamation of Coastal Areas and Small Islands (“Regulation”) requires reclamation projects (dredging, draining, and landfill) to comply with permitting requirements and to account for the technical, environmental, and socio-economic impacts of the activity. Most importantly, the Regulation does not apply to reclamation in (i) certain aspects of major ports and harbors Read more…

  • NewsflashJuly 24, 2013

    Transnational Electricity Licensing

    Indonesia has committed to a number of cross-border power projects with Singapore and Malaysia as part of the ASEAN Power Grid (“APG”), which was devised to support economic growth in Southeast Asia by facilitating intra-regional sale of electricity. A recent regulation from the Ministry of Energy and Mineral Resources (“MEMR”), No. 26 of 2012 on Application Procedures for Read more…

  • NewsflashApril 15, 2013

    Microfinance Law Finally Enacted

    Law No. 1 of 2013, dated January 8, 2013, on Microfinance Institutions (“Microfinance Law”) has been enacted after more than two years of deliberation in the House of Representatives. The Microfinance Law forms the legal basis for the establishment of Microfinance Institutions (“MFIs”) to increase access to credit, promote productivity and economic empowerment, and support Read more…

  • NewsflashApril 8, 2013

    MOLHR Regulation Revises Curator/Administrator Fees in Bankruptcy

    The Minister of Law and Human Rights (MOLHR) issued Regulation No. 1 of 2013 on Guidelines for Determination of Fees for Curators and Administrators (Regulation) to stipulate new fees for Curators and Administrators under Law No. 37 of 2004 on Bankruptcy and Postponement of Debt Repayment (Bankruptcy Law), revoking the fees listed in MOLHR Decree No. M.09 Read more…

  • NewsflashMarch 20, 2013

    New Bank Indonesia Regulation on Multiple Licensing Policy

    Bank Indonesia (“BI”) has issued Regulation No. 14/26/PBI/2012 of 2012 dated December 27, 2012 on Business Activities and Office Networks Based on Bank Core Capital (“BI Reg. 14/26/2012” or “Regulation”). The Regulation contains several of the six policies announced by BI during a Bankers’ Dinner held in late November 2012. 1 BI Reg. 14/26/2012 regulates Read more…

  • NewsflashMarch 11, 2013

    Bank Indonesia Issues Regulation on Fund Transfers

    Bank Indonesia Regulation No. 14/23/PBI/2012 dated December 26, 2012 (“PBI”) on Fund Transfers  has been issued to implement Law No. 3 of 2011 on Conduct of Fund Transfers (“Law No. 3/2011”).  This PBI repeals and replaces PBI No. 8/28/PBI/2006 on Money Transfer Business Activities. The PBI regulates the requirements of financial institutions and other entities Read more…

  • NewsflashMarch 1, 2013

    Ministry of Finance Regulation on Tax Objections

    The right of a taxpayer to object to a tax assessment is regulated under Articles 25, 26, 26A, 27 and 27A of the, Law on Taxation, General Provisions and Procedures (Law No. 6 of 1983, as amended). To implement these provisions, the Ministry of Finance issued Regulation No. 9/PMK.03/2013 on Procedure for Submitting and Resolving Objections, which revoked Read more…

  • NewsflashFebruary 14, 2013

    Oil and Gas: Indonesia Ratifies ASEAN Petroleum Security Agreement 2009

    In January 2013, Indonesia ratified the 2009 ASEAN Petroleum Security Agreement (“APSA 2009”) through Presidential Regulation No. 7 of 2013. APSA 2009 is the successor agreement to the 1986 ASEAN Petroleumn  Security Agreement, which was enacted to provide collective assistance among member states in cases of critical petroleum shortage. APSA 2009 will not enter into force until Read more…

  • Newsflash

    Government Stipulates Details for Spatial Planning Maps

    Government Regulation No. 8 of 2013 on Details for Spatial Planning Maps dated January 2, 2013 (“GR 8/2013”) was issued to replace Government Regulation No. 10 of 2000, which stipulates procedures for spatial planning, as required by Law No. 26 of 2007 on Spatial Planning. Spatial planning is one of the processes through which local, Read more…


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