Posts Tagged ‘Economic Development’

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Indonesian Legal Review: Environment

By Wynne Prasetyo Among recent actions taken by Indonesian President Joko Widodo to strengthen regulatory and enforcement functions in the environmental sector was the integration of two previously separate but interlinked departments to become the Ministry of Environment and Forestry (“MOEF”), through the issuance of Presidential Regulation No. 16 of 2015 regarding the Ministry of [...]

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Indonesian Legal Review: Distribution

By Mohammad K. Bratawijaya The Government of Indonesia (the “GOI”) has recently issued a package of economic policies designed to remove irrelevant requirements and to deregulate and spur the growth of the Indonesian economy. The result is that more than 31 percent of licensing processes at the Ministry of Trade (the “MOT”) were eliminated by [...]

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Indonesian Legal Review: Geothermal

By Fransiscus Rodyanto Indonesia’s geothermal resources are among the largest in the world, with 299 geothermal locations and a total potential of 28,807 MW, or around 40 percent of the total geothermal resources worldwide, according to a September 2014 press release from Indonesia’s Directorate General of Geothermal. In order to utilize this enormous energy potential, [...]

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Indonesian Legal Review

SSEK Legal Consultants has released its Indonesian Legal Review to offer an overview of recent developments in the Indonesian legal sector. The Indonesian Legal Review looks at recent developments in almost 50 sectors, providing insight into Indonesian legal and regulatory developments in these sectors, from Airports to Tourism. To read the Indonesian Legal Review, you [...]

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Indonesian Economic Stimulus Package

By Adhiningtyas Sahasrakirana Djatmiko and Tanita Dhiyaan Rahmani Between September 2015 and March 2016, the Indonesian central government released eleven economic stimulus packages, which taken together are known as Jokowi’s Economic Package (Paket Kebijakan Ekonomi Jokowi). Jokowi, of course is Indonesia’s president, Joko Widodo. A twelfth package is expected to be released in April 2016. [...]

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Insurance and Reinsurance in Indonesia: Licensing

SSEK Indonesian Legal Consultants founding partner Ira A. Eddymurthy and Maria Yudhitama, an associate at the firm, have contributed the Indonesia chapter of the new Practical Law global guide to insurance and reinsurance. SSEK Legal Consultants has one of the leading insurance law practices in Indonesia and has been involved in numerous high-profile cross-border transactions. [...]

Indonesia: New Labor Regulations

By Mohammad Irham Indonesia’s Ministry of Manpower and Transmigration (“MOMT”) has issued three regulations: MOMT Regulation No. 27 of 2014 on the Amendment of MOMT Regulation No. 19 of 2014 regarding Outsourcing Requirements dated December 31, 2014 (“MOMT Reg 27/2014″); MOMT Regulation No. 28 of 2014 on Drafting and Ratification Procedures for Company Regulation and [...]

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Indonesia Introduces New Visitor Visa Exemption

By Awang Fahrizal Bahrin The Indonesian government recently issued Presidential Regulation No. 69 of 2015 regarding Visitor Visa Exemptions (“PR 69/2015″). The purpose of PR 69/2015 is to improve the relationship between Indonesia and other countries by waiving the visa requirement for visitors from certain countries to enter Indonesia. PR 69/2015 is also intended to [...]

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ASEAN: Will the Puzzle Pieces Fit?

The latest edition of Asian-MENA Counsel features a story on the ASEAN Economic Community (AEC), which is due to be in place by the end of this year. There is much debate surrounding the implementation of the AEC and whether the region’s 10 jurisdictions can come together to create a global economic powerhouse. Asian-MENA Counsel [...]

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Indonesia, ASEAN and Investment

With the increased interest in Indonesia and the impending completion of the ASEAN Economic Union, foreign investors are looking for a means to do business in Indonesia. SSEK discusses the revised Negative Investment List, the impact of the ASEAN Free Trade Area on Indonesia and Bilateral Investment Treaties. A new major development in Indonesian trade [...]