Bank Indonesia (“BI”) issued Bank Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money (“PBI 20/2018”) on 4 May 2018, replacing in its entirety BI Regulation No. 11/12/PBI/2009 on Electronic Money and its amendments (“PBI 11/2009”)....
On 29 March 2018, the President of Indonesia signed Presidential Regulation No. 20 of 2018 on Expatriate Manpower Utilization (“PR 20/2018”). ...
Through Ministry of Energy and Mineral Resources (“MEMR”) Decree No. 1772 K/20/MEM/2018 dated 29 March 2018 (“2017 BPP Decree”), the MEMR has determined the 2017 Electricity Generation Cost (Biaya Pokok Penyediaan Pembangkitan (“BPP”)) of PT PLN (Persero) (“PLN”) which will be used as the reference...
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....
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...
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...
The Minister of Energy and Mineral Resources (“MEMR”), for the second time, amended MEMR Regulation No. 10 of 2017 on Principles of Power Purchase Agreements (“PPA”) through MEMR Regulation No. 10 of 2018 (“Reg. 10/2018”), removing the controversial provisions related to government force majeure (“GFM”)....