MANDATORY USE OF L/C FOR EXPORTING MINING AND ENERGY PRODUCTS
On 5 January 2015, the Minister of Trade issued Regulation No. 4/M-DAG/PER/1/2015 of 2015 on Provisions to Use a Letter of Credit for Exporting Certain Commodities (“MOT Regulation 4”)
Download read moreNEW PURCHASE OF ELECTRIC POWER PROCEDURES
On 13 January 2015, the Minister of Energy and Mineral Resources (“MEMR”) issued MEMR Regulation No. 3 of 2015 on The Procedure for the Purchase of Electric Power and the Benchmark Price for the Purchase of Electric Power from Mine-Mouth Coal Fired Power Plants
Download read moreCAPITAL REQUIREMENTS FOR TRANSPORTATION COMPANIES
On 24 February 2015, the Minister of Transportation issued Regulation No. PM 45 of 2015 on The Capital Requirements for Transportation Companies (“MOT Regulation 45/2015”)
Download read moreTHE OBLIGATION TO USE RUPIAH IN INDONESIAN TERRITORY
Following the issuance of Law No. 7 of 2011 on Indonesian Currency (“Law 7/2011”), Bank Indonesia issued Bank Indonesia Regulation No. 17/3/PBI/2015 on the Obligation to Use Rupiah in the Indonesian Territory (“PBI 17/2015”) on 31 March 2015
Download read moreLAND ACQUISITION FOR DEVELOPMENT FOR THE PUBLIC INTEREST
Presidential Regulation No. 71 of 2012 on the Implementation of Land Acquisition for Development for the Public Interest (“Perpres 71/ 2012”) has been amended by Presidential Regulation No. 40 of 2014
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