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”).
Download read moreBKPM ONE DOOR SERVICE UPDATE
Since the One Door Service/Pelayanan terpadu Satu Pintu (“PTSP”) at BKPM was launched on 26 January 2015, 22 Ministries and Institutions have placed officials in BKPM
Download read moreMANDATORY 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”)
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