Posts Tagged ‘Economic Development’

A Legal Guide to Gas Regulation in Indonesia

Our blog series on the legal issues and regulations concerning the development and investment in Indonesia’s gas sector is now complete. Fitriana Mahiddin and Syahdan Aziz have looked at Law No. 22 of 2001, the changing role of Pertamina, Production Sharing Contracts (PSCs) as well as Government Regulation No. 79 of 2010. All the articles [...]

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New Indonesian Mining Divestment Requirements

Written by Darrell R. Johnson and Kharisma Perwiro On February 21, 2012, the Indonesian Government issued Government Regulation No. 24 of 2012 (“GR 24”) which amended Government Regulation No. 23 of 2012 on the Implementation of Coal and Mining Activities. (For a full English Translation of GR 24, click here). GR 24 is the implementing [...]

A Legal Guide to Gas Regulation in Indonesia: Development & PSCs

This is the second post in our Legal Guide to Gas Regulation in Indonesia. Fitriana Mahiddin and Syahdan Z. Aziz will address a new topic each week. Development: Law No. 22 of 2001 Development of natural gas is governed by Law No. 22 of 2001 regarding Oil and Natural Gas (Law 22) and its implementing [...]

2011 Indonesian Law Review: Environmental Protection & Management

Written by Dewi Savitri Reni Over the last decade Indonesia has experienced significant economic growth. As much of this growth is the result of natural resource development, Indonesia has also become more aware and willing to tackle accompanying environmental problems with mixed results. Current Issues Two years ago, the Indonesian Parliament passed Law No. 32 [...]

2011 Indonesian Law Review: Geothermal Mining & Power Production

Written by Theo P.J. Mulia In response to heightened investor interest in Indonesia’s geothermal resources, the government issued several new legislative changes for the sector in 2011. However, the changes may not provide sufficient legal certainty to stimulate immediate investment. The main challenges for geothermal developers include uncertainty governing the price of electricity, as well [...]

2011 Indonesian Law Review: Tax Holiday

Written by Andini H. Dewi In August, the Government of Indonesia enacted the most anticipated tax regulation for the year of 2011. Having discussed this regulation on and off for almost two years, Minister of Finance Regulation No. 130/PMK.011/2011 (the “Tax Holiday Regulation”) was finally enacted on August 15, 2011 to provide tax allowances and [...]

2011 Indonesian Law Review: Infrastructure & Public Private Partnerships

Written by Dewi Savitri Reni and Richard Emmerson While Indonesia continued to enjoy robust economic growth in 2011, such growth increasingly highlighted the nation’s infrastructure woes. There are enormous shortages – and thus opportunities for investors – in transportation, irrigation, drinking water, waste management, telecommunications, private power and the distribution of oil and gas. Partly [...]

Women, Business and the Law

The World Bank recently published their biennial report on the formal legal and regulatory  framework for gender equality in the workplace, examining the issues facing female entrepreneurs and employees. Women, Business and the Law addresses and compares gender equality across six areas: accessing institutions, using property, getting a job, providing incentives to work, building credit [...]

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Indonesia’s Masterplan for Economic Development

Written by Darrell R. Johnson There has been almost as much press coverage as questions about the Indonesian Government’s announcement in May of MP3EI. So what is MP3EI? MP3EI is the Indonesian acronym for Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia, or, in English, the Master Plan for Acceleration and Expansion on Indonesian’s Economic Development, [...]