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1
Introduction To Bonded Storage Areas
The government established the legal framework for Bonded Storage Areas in order to incentivize industrial production and trade across the country.
Indonesia
29 Feb 2016
2
Government Releases Proposed Revisions For New DNI
There are 35 business lines that are proposed to be taken out from the DNI. If approved, these business lines will opened for up to 100% foreign investment.
Indonesia
29 Feb 2016
3
New OJK Regulation On Bank Business Plan
On January 26, 2016, the Financial Services Authority (Otoritas Jasa Keuangan – "OJK") issued Rule No. 5/POJK.03/2016 concerning Bank Business Plan (Rencana Bisnis Bank ­– "RBB") ("POJK 5")...
Indonesia
29 Feb 2016
4
New OJK Regulation On Rights Issue
The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –"OJK") issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue ("POJK No. 32/2015").
Indonesia
29 Feb 2016
5
New Regulation Allows Port Concessions Through Appointment And Regulates Mandatory Transfer Of Facilities
The concession fee must be at least 2.5% of the total gross profit during the concession period.
Indonesia
28 Feb 2016
6
Implementation Of Sharia Principles In Capital Markets
In November 2015, the Financial Authority Services (Otoritas Jasa Keuangan – "OJK") issued Regulation No. 15/POJK.04/2015 on Implementation of Sharia Principles in Capital Markets ("POJK 15"), replacing Bapepam-LK Regulation No. IX.A.13 concerning Issuance of Sharia Securities ("Bapepam Reg. IX.A.13").
Indonesia
26 Feb 2016
7
Court Nullifies English Language Contract
On June 20, 2013, the District Court of Jakarta Barat nullified a Loan Agreement executed only in English, concluding that contracts involving Indonesian parties must be written in Bahasa Indonesia, under Decision No. 451/Pdt.G/2012/PNJkt.Bar.
Indonesia
24 Feb 2016
8
MEMR Announces 35,000MW Power Plant Construction Program
The President of the Republic of Indonesia launched the 35,000 MW Power Plant Construction Program in Samas, Bantul Regency, Special Region of Yogyakarta Province.
Indonesia
15 Feb 2016
9
OJK Re-Regulates Venture Capital Business
On December 28, 2015, the Financial Services Authority issued new regulations governing venture capital business, which was previously regulated by the Ministry of Finance,
Indonesia
10 Feb 2016
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