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IRON AND STEEL IMPORTS

in response to changes made to the ASEAN Harmonized Tariff Nomenclature, the Government issued Minister of Trade Regulation No. 08/M-DAG/PER/2/2012 (“MOTR 8/2012”) on the Amendment to Minister of Trade Regulation No. 54/M-DAG/PER/12/2010 (“MOTR 54/2010”) on Iron and Steel Import Provisions

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NEW CORPORATE SOCIAL AND ENVIRONMENTAL RESPONSIBILITY REGULATION

The Government issued Government Regulation No. 47 of 2012 on Corporate Social and Environmental Responsibility on 4 April 2012 (“GR 47”).

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NEW REQUIREMENT FOR VISAS ON ARRIVAL

As Visas on Arrival (VoA) are often applied for by foreign citizens traveling on emergency travel documents, on 29 February 2012

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BANK INDONESIA’S CIRCULAR LETTER ON DOWN PAYMENT REQUIREMENTS FOR MOTOR VEHICLE PURCHASING LOANS

On 15 March 2012, Bank Indonesia issued Circular Letter No. 14/10/DPNP on the Implementation of Risk Management by Banks providing Housing Loans and Motor Vehicle Loans (“SEBI 14 of 2012”)

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NEW REGULATION ON POSITIONS CLOSED TO FOREIGN CITIZENS

The Minister of Manpower and Transmigration (MOM) recently issued Regulation No. 40 of 2012 on Certain Positions which are Closed to Foreign Manpower (“MOMR 40/2012”).

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