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...
Last Tuesday, I had the opportunity to attend the World Bank's Indonesia Economic Quarterly Forum in which our Minister of Finance, Sri Mulyani, acted as a key note speaker. Other than the positive outlook of Indonesian economy for 2018, which is great, one particular issue...
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....
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...
We are proud to announce our first capital market deal where we represented PT PLN (Persero) in its offering of Rp2.535 trillion bonds and Rp698.5 billion Sukuk al-Ijarah as part of its 2018 continuous domestic bonds offering program. Pramudya A. Oktavinanda and Ahmad Zakaria acted...