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NEW BKPM REGULATION ON INVESTMENT

There has been a new development in the investment sector. The Investment Coordinating Board (“BKPM”) has issued amendments to BKPM Regulation No. 5 of 2013

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BAN ON RAW MINERAL EXPORTS AMENDED FURTHER

The Ban on Raw Mineral Exports under Regulation of the Minister of Energy and Mineral Resources Number 7 of 2012 (“Regulation No. 7 of 2012”),

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THE FIRST OJK REGULATION

The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has finally issued its first regulation.

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NEW REQUIREMENTS FOR UPSTREAM OIL AND GAS COOPERATION AGREEMENT BIDS

On 3 April 2013, the Special Oil and Gas Upstream Business Authority Unit (Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi – “Authority”)

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THE SELLER MUST PROVIDE INFORMATION ON THE RETAIL PRICE AND TARIFF OF GOODS AND/OR SERVICES

Under Regulation of the Minister of Trade No. 35/M-DAG/PER/7/2013 dated 29 July 2013 on Affixing Retail Prices and Tariffs to Goods and Services (“MOT Regulation No. 35/2013”),

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