OBLIGATION TO USE INDONESIAN CURRENCY

Indonesia’s Currency Law came into effect on 28 June 2011 as Law No. 7 of 2011 on Currency (“Currency Law”). The Currency Law is the implementation of Article 23B of the 1945 Constitution which states that the types and value of the currency are to be further regulated under a law. Bank Indonesia issued on 31 March 2015 as an implementing regulation for the Currency Law, Bank Indonesia Regulation No. 17/3/PBI/2015 on the Obligation to Use Rupiah in the Indonesian Territory (“PBI 17/3/2015”).

BKPM'S NEW GUIDELINES FOR INVESTMENT APPLICATIONS

The application procedure for making new or amending existing domestic and foreign investments in Indonesia has never been entirely simple or straightforward. Policies of BKPM and even individual officers within BKPM have been introduced and amended or revoked, sometimes with little or no prior notice.

WELL KNOWN TRADEMARKS

In Indonesia, the term “trademark” is familiar to most of us. One simple meaning of trademark is a certain word(s) and/or logo that leads us to a particular brand. It is used to differentiate one brand from another.

PROVISIONAL ORDERS IN THE INTELLECTUAL PROPERTY RIGHTS REGIME

On 30 July 2012, the Supreme Court (Mahkamah Agung “MA”) promulgated a new Supreme Court Regulation, MA Regulation No. 5 of 2012 on Provisional Orders (“MA Regulation 5/2012”).

INDONESIA'S NEW FRANCHISE REGULATION

The recently issued Regulation of the Minister of Trade No. 53/M-DAG/PER/8/2012 regarding the Implementation of Franchising has made significant changes to Indonesia’s franchise regulatory regime.