Central Bank Digital Currency: The Future of Money?
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Central Bank Digital Currency: The Future of Money?

The phenomenon of Digitalization and the Corona Virus Disease 2019 (“COVID-19”) pandemic has made crypto assets grow rapidly as economic growth fell sharply, followed by the loosening of monetary and fiscal policies occurring evenly in all parts of the world, including Indonesia. Crypto assets have the potential to promote inclusion and efficiency of the financial…

What is a Petition ? Term that Legal Practitioners Should Understand
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What is a Petition ? Term that Legal Practitioners Should Understand

Petition is a term that is often heard when a case has been entered into a trial. In principle, the petition is a formal requirement that must be in the documents submitted to the judge at trial, such as a lawsuit or an answer. For more details, let’s take a closer look at the petition…

Intellectual Property: Object for Debt Guarantee?
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Intellectual Property: Object for Debt Guarantee?

President Joko Widodo enacted Government Regulation Number 24 of 2022 on Implementing Regulations of Law Number 24 of 2019 on Creative Economy (“GR 24/2022”) on July 12th, 2022, as the implementing regulation of Law Number 24 of 2019 on Creative Economy (“Law 24/2019”). GR 24/2022 is enacted to make it easier for creative economy actors…

Cryptocurrency: Legality and Current Development in Indonesia
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Cryptocurrency: Legality and Current Development in Indonesia

The development of technology and information in the era of globalization has affected the economic aspect, especially in the use of money from the original physical form to digital form, one of which is Cryptocurrency. Crypto trading activities have recently become public interest in in Indonesia. Its legality is often debated and many people are…

New Provisions on the Management of State-Owned Enterprises
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New Provisions on the Management of State-Owned Enterprises

The Government of Indonesia has enacted Government Regulation Number 23 of 2022 on Amendments to Government Regulation Number 45 of 2005 on the Establishment, Management, Supervision, and Dissolution of State-Owned Enterprises (“GR 23/2022”), which regulates a number of points related to the management of State Ownership-Enterprises (“SOE”), and the responsibilities and prohibitions of the Board…

Development of Biomass Co-firing in Coal-Fired Power Plants in Indonesia
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Development of Biomass Co-firing in Coal-Fired Power Plants in Indonesia

Biomass co-firing is the process of burning biomass and fossil fuels in coal- and gas-fired power plants. Biomass can alternatively be gasified and burned in separate burners by gas or steam fuel then mixed with boiler streams from coal-fired power plants. Biomass co-firing in coal power plants typically involves the mixing of biomass with coal…

How to Prevent Tender Conspiracy Especially in Government Procurement?
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How to Prevent Tender Conspiracy Especially in Government Procurement?

In order to ensure fair business competition, the implementation of Law Number 5 of 1999 on the Prohibition of Monopoly Practices and Unfair Business Competition (“Law 5/1999“) is expected to foster an honest and healthy business culture so that it can continue to encourage healthy and fair competition among business actors. One form of action…

The UN Climate Change Conference of the Parties (COP26) in Glasgow Officially Digging Grave for Coal-Fired Power Plants (CFFPs)
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The UN Climate Change Conference of the Parties (COP26) in Glasgow Officially Digging Grave for Coal-Fired Power Plants (CFFPs)

The COP26 summit held in Glasgow, Scotland of the United Kingdom on 31 October – 13 November 2021 has brought the parties together to accelerate action towards the goals of the Paris Agreement and the United Nations (“UN”) Framework Convention on Climate Change. For nearly three decades, the UN has been bringing together almost every…

New Outlook on Nickel Investment: Electric Vehicle Charging Infrastructure
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New Outlook on Nickel Investment: Electric Vehicle Charging Infrastructure

Large mining companies in Indonesia are flocking to widen their business portfolios in the nickel industry in Indonesia. The shift in investment concentration was initially triggered by the prospect of the national nickel downstream industry being seen as moving positively in line with the government’s commitment to join the global supply chain of components and…