News andUpdates


News and Updates

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…


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…


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…


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.…


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…


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…


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…


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…


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…


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…