Written by Christina N. Soela General Overview While no new regulations have been issued in 2011, we provide below an overview of the main issues facing distributors including changes to importer identification permits (an update to Importer Identification Numbers can be found here). Distribution of goods and services in Indonesia is generally regulated by the [...]
Posts Tagged ‘BKPM’
2011 Indonesian Law Review: Investment
December 16th, 2011
david Written by Deni Sri Anjayani and Winnie Yamashita Rolindrawan With a population of over 240 million people and a rich supply of natural resources, Indonesia is increasingly an attractive market for domestic and foreign investment. Based on the Capital Investment Coordinating Board’s (“BKPM”) third quarterly report of 2011, total investment was 14.3 billion US dollars [...]
Halt to New Hotel Development in Bali?
August 15th, 2011
david Written by Denny Rahmansyah The Governor of Bali recently issued Letter No. 570/1665/BPM dated December 27, 2010 regarding a Moratorium on Principal Licenses (Capital Investment Registration/Capital Investment Principal License) for Tourism Accommodation Service Businesses (“Letter No. 570″). This letter, in effect, sets a moratorium on hotel development in three areas in the popular tourist area [...]

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