Recently, President Joko Widodo issued Presidential Decree No. 12 of 2020 on the Stipulation of Non-Natural Disaster of the Spread of COVID-19 as National Disaster (PD 12). By the issuance of PD 12, COVID-19 is officially considered a national disaster in Indonesia. The COVID-19 outbreak and...
Due to COVID-19 outbreak, Indonesian Government through MOLHR has recently issued entry prohibition & travel ban into Indonesia for foreigners to suppress COVID-19’s outbreak in Indonesia. The prohibition is set out in the Minister of Law and Human Rights Regulation No. 11 of 2020 on...
Our article on “Obligation to Use National Sea Transportation Company for Coal and/or Crude Palm Oil (CPO) Export: Unresolved Issues and New Provisions on Verification Procedure” was recently featured in Coal Asia Magazine Vol. 110. In this article, we discussed the main changes of the regulation,...
Dengan terbitnya Surat Kepala Eksekutif Pengawas Pasar Modal Otoritas Jasa Keuangan (OJK) tentang Relaksasi atas Kewajiban Laporan dan Pelaksanaan Rapat Umum Pemegang Saham No. S-92/D.04/2020, tanggal 18 Maret 2020, OJK memberikan kebijakan terkait batas waktu penyampaian Laporan Keuangan Tahunan dan Laporan Tahunan, batas waktu penyelenggaraan...
Sehubungan dengan Penerbitan Surat Edaran Otoritas Jasa Keuangan No. 3/SEOJK.04/2020 tentang Kondisi Lain Sebagai Kondisi Pasar yang Berfluktuasi Secara Signifikan Dalam Pelaksanaan Pembelian Kembali Saham yang Dikeluarkan oleh Emiten Atau Perusahaan Publik, Otoritas Jasa Keuangan (OJK) menerbitkan Surat No. S-89/D.04/2020 tentang Penjelasan Pelaksanaan Pembelian Kembali...
Sejak awal tahun 2020, kondisi perdagangan saham di Bursa Efek Indonesia (BEI) mengalami tekanan pasar global yang berimbas pada penurunan signifikan Indeks Harga Saham Gabungan, salah satunya akibat wabah COVID-19. Sebagai insentif untuk stimulus perekonomian nasional, pada tanggal 9 Maret 2020, Otoritas Jasa Keuangan (OJK) menerbitkan...
For years, despite having a huge potential for serving as an excellent location for solar floating photovoltaic (Solar PV) projects, the use of reservoirs water surface has never taken off due to a regulatory hurdle, namely, limitations on the use and function of reservoirs which...
In a move that may cause significant changes in how fiducia security are to be enforced, the Indonesian Constitutional Court recently issued Decision No. 18/PUU-XVII/2019 (Decision) which declared that certain provisions of Law No. 42 of 1999 on Fiducia Security are conditionally unconstitutional. Lenders looking...
Indonesian Government has just recently issued a long-awaited Minister of Energy and Mineral Resources Regulation governing a rooftop solar PV system installation and operation through Minister of Energy and Mineral Resources Regulation No. 49 of 2018 on Rooftop Photovoltaic System Usage by PT PLN Customers...
Semangat Komisi Pengawas Persaingan Usaha (KPPU) dalam menciptakan persaingan usaha yang sehat seiring dengan pertumbuhan ekonomi negara Republik Indonesia yang dinamis dan ekspansif, mendorong diterbitkannya Peraturan KPPU No. 3 Tahun 2019 tentang Penilaian Terhadap Penggabungan atau Peleburan Badan Usaha, atau Pengambilalihan Saham Perusahaan yang Dapat...