News andUpdates
News and Updates
May 10, 2024
Mandatory Technical Considerations for Imports of Iron or Steel, Alloy Steel, and Their Derivatives Products
In order to support the stability of the national steel industry and to improve the quality of domestic steel products that utilize iron or steel, alloy steel and their derivatives products as well…
April 25, 2024
PUBLIC COMPANIES’ REPORTING OBLIGATION ON OWNERSHIP OF OR CHANGES IN SHARES OWNERSHIP AND REPORTS ON SHARE-PLEDGES
On February 28, 2024, the Financial Services Authority (Otoritas Jasa Keuangan, “OJK”) issued and enacted Regulation No. 4 of 2024 regarding the Reports on Ownership of or Any Changes in Shares…
April 24, 2024
Revisions on the New Importing Provisions for Entry of Hand-Carry Goods
Previously, we issued our Newsflash regarding the new importing provisions for entry of hand-carry goods as regulated under the Minister of Trade (the “MOT”) Regulation No. 36 of 2023 on Import…
April 23, 2024
Government Determines 22 Commodities as Strategic Mineral
On April 1, 2024, the Minister of Energy and Mineral Resources (“MEMR”) issued the MEMR Decree No. 69.K/MB.01/MEM.B/2024 on the Stipulation of Types of Commodities Classified as Strategic Minerals…
April 6, 2024
Constitutional Court Decision on Articles Relating to Defamation and False News
On March 21, 2024, the Constitutional Court (in Indonesian, Mahkamah Konstitusi or “MK”) rendered its Decision No. 78/PUU-XXI/2023 (the “Decision”) in relation to the judicial review on Articles 14…
March 21, 2024
New Importing Provisions for Entry of Hand-Carry Goods
To strengthen the effectiveness of import controls, the Ministry of Trade saw the need to readjust the policies and procedures on import activities. As such, on December 11, 2023, the Minister of…
March 21, 2024
Religious Holiday Allowance Payment in 2024
On March 15, 2024, the Minister of Manpower issued Circular Letter No. M/2/HK.04/III/2024 regarding Implementation of Religious Holiday Allowance for Workers in Companies (the “Circular Letter”). The…
March 21, 2024
Regulation on Import of Non-New Lithium Batteries and Non-Hazardous Waste
On December 11, 2023, the Minister of Trade (the “MOT”) issued Regulation No. 36 of 2023 on Import Policies and Arrangements which Regulation was supposed to be effective on March 10, 2024…
March 18, 2024
Government Issues Regulation to Accelerate the Development of National Game Industry
Following up on our previous Newsflash on Minister of Communications and Informatics No. 2 of 2024 dated January 24, 2024, on Classification of Games (AKSET Newsflash - New Regulation on…
February 26, 2024
New Regulation on Classification of Games
On January 24, 2024, the Minister of Communications and Informatics (the “MOCI”) enacted MOCI Regulation No. 2 of 2024 on Classification of Games (“Regulation 2/2024”). Regulation 2/2024 revokes the…