The New Incentive(?) for Whistleblowers for Revealing Crimes of Corruption
To date, the Indonesian government and institutions have largely remained entrenched in an endemic culture of corruption. Despite major victories before the court by the Corruption Eradication Commission (“KPK”) in recent years, crimes of corruption (especially bribery and gratification) remain a major problem at every level of government institution.
Read more about Indonesia’s whistle-blowing system in an opinion piece written by Lia Alizia, Rudy Andreas Sitorus, and Arsa Mufti Yogyandi published by Hukumonline.
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The New Regulation on the Procurement of Goods and Services in the State-Owned Enterprises Sector
On 12 December 2019, the new Minister of State Owned Enterprises, Erick Thohir, issued new Ministry of State Owned Enterprises Regulation No. PER-08/MBU/12/2019 on General Guidelines on the Implementation by State Owned Enterprises of the Procurement of Goods and Services (“MSOE Reg 8/2019”), which came into force on 16 December 2019.
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Recent Changes to Indonesia’s Franchise Regulation: Opportunities & Challenges Ahead
Issue 19, November 2024 | Government Regulation No. 35 of 2024 on Franchise introduces several changes, including a shortened profitability period and new obligations for both franchisors and franchisees.
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UPDATES ON FORCE MAJEURE PROVISIONS UNDER THE POWER PURCHASE AGREEMENTS
On 12 February 2018, the Minister of Energy and Mineral Resources (the “MEMR”) issued Regulation Number 10 of 2018 on The Second Amendment to Minister of Energy and Mineral Resources Regulation Number 10 of 2017 on the Principles of Power Purchase Agreements (“MEMR Reg 10/2018”) which came into effect on 13 February 2018.
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New Indonesian Regulation Requires Ministerial Approval for Changes to Shareholdings or Board Members of Companies doing Business in the Field of Energy and Mineral Resources
On 14 July 2017, the Minister of Energy and Mineral Resources (“MEMR”) issued MEMR Regulation No. 42 of 2017 on the Supervision of the Implementation of Business Activities in the Field of Energy and Mineral Resources (“Reg 42/2017”)
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