Archive for June, 2014

investment

Indonesian Investment: Shift in FDI

Indonesia’s new Negative Investment List (“DNI”), the regime governing foreign direct investment (“FDI”) in the country, has introduced a number of regulatory changes seen as an attempt to boost capital inflows in some areas of the economy while closing others to foreign companies. Oxford Business Group (“OBG”), the global publisher and consultancy, says Indonesia’s new [...]

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Impact of ASEAN Economic Community and ASEAN Free Trade Area on Indonesia

By Ramadania Amanda P. Putri and Shafira Nindya Putri The ASEAN Free Trade Area (“AFTA”) agreement was signed in 1992 by the regional grouping’s six member countries at the time: Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. Cambodia, Laos, Myanmar and Vietnam joined the Association of Southeast Asian Nations after 1992 and all four signed [...]

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Legal Certainty and the Indonesian Telecommunications Sector

By Harry Kuswara A ruling by the High Court hearing the appeal in a closely watched case involving an internet service provider has done little to provide legal certainty for the sector and could force telecommunications companies to rethink their investment plans in Indonesia. In July 2013, the Corruption Court, in South Jakarta, issued a [...]

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Legal Alert April 2014

Please find attached the latest Legal Alert for April 2014. SSEK’s Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia. Click here: Legal Alert April 2014

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SSEK Tees Off for Charity

SSEK Legal Consultants sponsored the recent Canada Cup Friendship Golf Tournament at Sentul Highlands Golf Club. Almost 150 golfers teed off on May 22, 2014, to test themselves on the Gary Player-designed course, while raising money for two good causes. More than 66 million rupiah raised by the event was donated to Yayasan Sayap Ibu, [...]

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Rules for Foreign Workers in the Indonesian Oil and Gas Industry

By Richard D. Emmerson and Elisabeth Lino The Minister of Energy and Mineral Resources (“MEMR”) has issued a regulation that places new restrictions and requirements on foreign workers in Indonesia‚Äôs oil and gas industry and encourages companies to prioritize the hiring and training of local workers. MEMR Regulation No. 31 of 2013 regarding Provisions and [...]

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MOF Issues New Regulation Governing Borrow-Use Permit for Mining Activities

By Michael S. Carl and Florence Gracia Santoso On March 13, 2014, Indonesia’s Ministry of Forestry (the “MOF”) issued MOF Regulation No. P.16/Menhut-II.2014 (“Reg P.16/2014″), which sets out the currently applicable requirements and procedures for the issuing of Borrow-Use Permits. The new regulation replaces but does not fundamentally alter the previous regulation governing Borrow-Use Permits, [...]

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SSEK Speaks at Mine-Mouth Power Plant Workshop

Michael S. Carl, a foreign legal advisor at SSEK Indonesian Legal Consultants, spoke on Friday, June 6, at the Petromindo mine-mouth power plant workshop in Jakarta. Michael discussed the legal implications of Ministry of Energy and Mineral Resources Regulation No. 10/2014 on security of coal supply and the pricing of coal for mine-mouth power plants. [...]

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Indonesian Labor and Employment Law: Latest Developments

SSEK Legal Consultants has contributed the Indonesia chapter to Asia Employment Law, a quarterly review of employment law developments across 15 jurisdictions in Asia. The review is coordinated by global law firm Mayer Brown and is designed to help legal and human resources advisors stay up to date on employment-related legal developments. In this latest [...]

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SSEK Partner Recognized as Leading Lawyer in Indonesia for M&A, Banking, Capital Markets

Ira A. Eddymurthy, a founding partner of SSEK Legal Consultants, has been recognized by Who’s Who Legal as one of Indonesia’s leading lawyers in the areas of mergers and acquisitions, banking and capital markets. Ira is lauded by clients for her “sophisticated knowledge of Indonesian law” and her “comprehensive knowledge and understanding of the commercial [...]