[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]Indonesia’s carbon market is poised to achieve a new milestone with the inauguration of its first international carbon trading on January 20, 2025, through the Indonesia’s Carbon Exchange (IDXCarbon). Since the issuance of PR 98/2021 as the...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]State control is a critical element of electricity generation business in Indonesia given the vitality of electricity to the state and the public. The interpretation of state control over the electricity sector has been a subject of...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]Immunity of arbitrators and arbitral institutions has been recognized since the enactment of Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution. Last year’s Supreme Court Regulation No. 3 of 2023 on the Procedure for...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]We are excited to announce the publication of our latest newsletter, “Carbon Capture and Storage Worldwide: Spotlight on Indonesia and Comparative Perspectives,” CoalMetal Asia Volume 164. This newsletter discusses Indonesia’s first comprehensive regulation governing CCS activities outside of...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]Following the longstanding dilemma of balancing the utilization of domestic goods and services in Indonesia with the need to have a more competitive electricity tariff and to attract foreign investment for power infrastructure development, especially for renewable...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]On 14 May 2024, Bank Indonesia issued Regulation No. 3 of 2024 on the Financial Sector Alternative Dispute Resolution Institution (Lembaga Alternatif Penyelesaian Sengketa Sektor Keuangan or LAPS-SK). This regulation implements Article 246 paragraph (2) of Law No....
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]We are pleased to announce that our esteemed Senior Partner, Ahmad Zakaria, head of the Security and Corporate Compliance team, has been included as a contributor for the Indonesia sector in the 8th edition of "Global Legal Insights...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text css=""]In a pivotal move to enhance the development of solar rooftop projects and to address pros-and-cons in the market on solar rooftop development since issuance of MEMR Regulation No. 26 of 2021 (MEMR Reg 26/2021), the Government...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Our Senior Partner, Melati Siregar, sheds light on Singapore as one of the go-to destinations to resolve cross-border Indonesian disputes. Melati observes that Singapore's popularity is owed to a collective effort from all stakeholders in Singapore. The ICC...
[vc_row row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" background_animation="none" css_animation=""][vc_column width="5/6"][vc_column_text]Exciting news! UMBRA is delighted to collaborate with Chambers and Partners on the prestigious 'Chambers ESG 2023 Global Practice Guide.', renowned for its commitment to legal excellence, has selected UMBRA as the authoritative source for in-depth analysis of the 'Law...