FinTech has truly changed how we live our daily lives. From cashless payment options to the ability to lend and borrow through applications, FinTech’s reach is rapidly growing....
On 23 March 2018, UMBRA represented PT Telekomunikasi Indonesia International ("Telin") as the borrower in a USD90 million term loan syndication deal, with PT Bank Mandiri (Persero) Tbk. and PT Bank Sumitomo Mitsui Indonesia acting as Mandated Lead Arrangers....
On 20 March 2018, our Senior Partner Kirana Sastrawijaya was invited to be the moderator in “Focus Group Discussion: Electricity Need in Kepulauan Seribu”, which was held by PT Jakarta Utilitas Propertindo. Attended by many stakeholders in the industry as well as representatives from the Government,...
On 20 March 2018, our counsel Liyanto Wijaya served as one of the panelists in the last session of Asian Power Utility Forum 2018 at The Ritz Carlton. Asian Power Utility Forum is an annual international conference which aims to progress the power sector forward,...
The MEMR has approved the 2018-2027 PLN RUPTL based on Decision of the Ministry of Energy and Mineral Resources No. 1567K/21/MEM/2018 dated 13 March 2018 (“2018 RUPTL”) and has published copy of the 2018-2027 RUPTL in the official website of the Directorate General of Electricity....
On 16 March 2018, our Senior Partners, Pramudya A. Oktavinanda and Putu Raditya Nugraha, and Counsel Liyanto Wijaya, shared their knowledge and experience on Acquisition Finance in Power, Telco and Infrastructure projects at PT Bank Mandiri (Persero) Tbk....
Just 3 days after the issuance of MEMR's Decree 1395/2018 on Coal Sale Price for Power Industry, MEMR issued Decree 1410 which was announced today during MEMR’s coffee morning session, addressing one of the most crucial issues in MEMR Decree 1395, the retroactive application of...
In the first quarter of 2018, the Minister of Energy and Mineral Resources (“MEMR”) issued a couple of new regulations relating to Domestic Market Obligations (“DMO”) for coal, starting with the issuance of MEMR Decree No. 23 K/30/MEM/2018 on the Determination of Minimum Domestic Market...
On 10 March 2018, in collaboration with Yayasan Nawa Bhakti Nusantara, UMBRA held a workshop on Contract Drafting 101 at Oasis Amir Hotel as part of our second Internal Training Series. In this 5 hours session, our Managing Partner Pramudya A. Oktavinanda and Senior Partner...
Is Minister of Trade Regulation No. 82 of 2017 leveling the play field or a slippery slope for the coal shipping industries? While the regulation is intended to tend the preferences and cater the interest of Indonesian sea transportation and marine insurance companies, some of...