NEW REGULATION ON CAPITAL INVESTMENT LICENSING AND FACILITIES
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The Requirement to Use the Indonesian Language is Regulated Further
After ten long years of the issuance of Law No. 24 of 2009 on the National Flag, Language, Emblem, and Anthem (“Language Law”), the Government of Indonesia has finally issued an implementing regulation of the Language Law, ie Presidential Regulation No. 63 of 2019 on the Use of the Indonesian Language (“PR 63/2019”) and it came into effect on 30 September 2019.
Download read moreNEW BANK INDONESIA REGULATIONS: AN EFFORT TO BRING HOME OFFSHORE LOAN AND EXPORT PROCEEDS
On 30 September 2011, Bank Indonesia promulgated new Bank Indonesia regulations1 requiring export and offshore loan proceeds to be received and drawn down (as applicable) through foreign exchange banks in Indonesia (including branches of foreign banks in Indonesia) (“FX Banks”) which willcome into effect as of 2 January 2012 (“Bank Indonesia Regulations”).
Download read moreRECENT REVISIONS TO INDONESIA'S NEGATIVE INVESTMENT LIST
The Indonesian Government has released the long-awaited revision to its Negative Investment List (DNI).
Download read moreChambers Global Practice Guides: Public Procurement and Government Contracts
Our Partners Lia Alizia and Heru Mardijarto wrote the Indonesia chapter in the Chambers Global Practice Guides: Public Procurement and Government Contracts 2019.
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