News andUpdates
News and Updates
May 8, 2023
New Regulation on Post-Closing Notifications Requirements on Mergers, Consolidations, and Acquisitions
Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or “KPPU”) recently issued KPPU Regulation No. 3 of 2023 dated March 30, 2023 on Assessments of Mergers or Consolidations…
April 10, 2023
Perppu Job Creation Becomes Law based on Law No. 6 of 2023
The House of Representatives (Dewan Perwakilan Rakyat or “DPR”) approved the Government Regulation No. 2 of 2022 in lieu of Law No. 11 of 2020 on Job Creation (“Perppu Job Creation”) into Law based…
April 6, 2023
Measured Fishing Regulated
On March 6, 2023, the Government enacted Government Regulation No. 11 of 2023 on Measured Fishing (the “Regulation”). The Regulation is the legal basis for the measured fishing, which is a means to…
March 28, 2023
Perppu Job Creation Series – Amendments to the Halal Products Law
This Newsflash is a part of our Perppu Job Creation Newsflash series with respect to the issuance of Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu) No.…
March 24, 2023
Adjustment of Working Time and Wages in Certain Business Sectors
The Ministry of Manpower allows an adjustment to the working time and wages of a certain export-oriented labor-intensive industry company (a “Labor-intensive Industry Company”) by introducing…
March 23, 2023
Financial Sector Omnibus Law Series – General Overview
On January 12, 2023 the House of Representatives (Dewan Perwakilan Rakyat or the “DPR”) has issued Law No. 4 of 2023, regarding Development and Strengthening of the Financial Sector (the “Financial…
March 23, 2023
Financial Sector Omnibus Law Series – Amendments to Capital Market Law
This Newsflash is a part of our Newsflash series with respect to the issuance of Law No. 4 of 2023, regarding Development and Strengthening of the Financial Sector (the “Financial Sector Omnibus…
March 10, 2023
Perppu Job Creation Series – Restatement of Amendments to the Land Procurement Law
This Newsflash is a continuation of our previous Perppu Job Creation Newsflashes with respect to the issuance of Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or…
March 3, 2023
Perppu Job Creation Series – Amendments to the Postal Law
This Newsflash is a continuation of our previous Perppu Job Creation Newsflashes with respect to the issuance of Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or…
March 3, 2023
Perppu Job Creation Series – Restatement of the Trademark and Geographical Indication Law
The President issued a Government Regulation in Lieu of Law (Peraturan Pemerintah Pengganti Undang-Undang or Perppu) No. 2 of 2022 dated December 30, 2022, regarding Job Creation (the “Perppu Job…