Category: Newsflash

  • NewsflashJanuary 23, 2014

    Government Allows Export of Some Minerals until 2017; Progressive Export Duty Imposed

    Following the closing date for export of unprocessed minerals and the obligation of IUP holders and Contract of Work companies in the production phase to domestically “add value” to mining products by 12 January 2014, the Government has issued four regulations: (i) Government Regulation No. 1 of 2014 (“GR 1”), (ii) Minister of Energy and Read more…

  • NewsflashJanuary 15, 2014

    MEMR Issues Guidelines On Mining Permits For Transportation And Sale, Processing And Refining

    The Minister of Energy and Mineral Resources (“MEMR”) promulgated Regulation No. 32 of 2013 on Procedure for Granting Special Permits in the Field of Mineral and Coal Mining (“Regulation”) on November 19, 2013. This Regulation sets guidelines on how to acquire the Special Permits, which are not clearly regulated by Law No. 4 of 2009 Read more…

  • NewsflashDecember 24, 2013

    SUPREME COURT ANNULS MEMR No. 7/2012: IMPLICATIONS FOR DOMESTIC MINERAL PROCESSING AND REFINING

    Indonesia’s Supreme Court recently published Decision No. 13 P/HUM/2012, dated April 3, 2013, (“Decision”), ordering the Minister of Energy and Mineral Resources (“MEMR”) to revoke MEMR Regulation No. 7 of 2012 regarding Increasing the Added Value of Minerals through Processing and Refining Activities (“MEMR No. 7/2012” or “Regulation”). The Court annulled specific provisions of the Regulation in two separate Read more…

  • 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…


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