Investment Opportunities in the Rubber Industry Amid the Domination of the Motor Vehicles Market in Indonesia
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Investment Opportunities in the Rubber Industry Amid the Domination of the Motor Vehicles Market in Indonesia

Increase in the Number of Motorized Vehicles and the Quality of Tires in Indonesia Motorized vehicles are a mode of transportation that is inseparable from people’s activities, especially in Indonesia with a population of 257.77 million people, as recorded in data from the Central Statistics Agency (BPS) in 2022. As of last December 31, the…

Lost in Nickel Lawsuit at the WTO, Indonesia Forced to Export Raw Nickel?
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Lost in Nickel Lawsuit at the WTO, Indonesia Forced to Export Raw Nickel?

EU Lawsuit Against Indonesia at the WTO Based on data from the United States Geological Survey (USGS), Indonesia is the world’s largest nickel producer as in 2021 Indonesia has become the world’s highest exporter of raw nickel ore with a total of more than 21 million metric tons, which is equivalent to USD 20 billion…

Vessel Seizure Execution in Indonesian Law
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Vessel Seizure Execution in Indonesian Law

In addition to creating a legal relationship between parties, an agreement is further used as a means to regulate the exchange of rights and obligations of each party involved. An agreement is to be carried out properly, fairly and in proportion to the arrangements agreed upon by the parties. However, in practice, the exchange of…

Digital Broking: Everything Everywhere All at Once
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Digital Broking: Everything Everywhere All at Once

A. Executive summary The Financial Services Authority (OJK) on December 28, 2022, issued the Financial Services Authority Regulation Number 28 of 2022 (POJK 28/2022) stipulating: guidelines on how a company shall carry out Digital Insurance Brokerage Services ; human resources and core competencies required to do so; and activities which may be outsourced to other…

Presidential Regulation Number 55 of 2022: New Provisions on Mining Business Permits
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Presidential Regulation Number 55 of 2022: New Provisions on Mining Business Permits

On April 11th, 2022, the President of the Republic of Indonesia Joko Widodo issued Presidential Regulation Number 55 of 2022 on Delegation of Granting Business Permits in the Mineral and Coal Mining Sector (“PR 55/2022”). PR 55/2022 is a mandate of Law Number 3 of 2020 on amendments to Law Number 4 of 2009 on…

Citizenship Status: Option Right and Repudiation Right
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Citizenship Status: Option Right and Repudiation Right

Option right and repudiation right are familiar things to hear in terms of determining a person’s citizenship. The issue of citizenship is a real problem for a person in a country because the rights and obligations of newborns are related to citizenship status. Therefore, a person’s citizenship status determines to which country’s legal jurisdiction his…

Ecosystem of Electric Vehicle Charging Infrastructure “SPKLU”
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Ecosystem of Electric Vehicle Charging Infrastructure “SPKLU”

In 2022, the Government of Indonesia through the Minister of Energy and Mineral Resources (“MEMR”) is targeting as many as 1,000 (one thousand) units of fuel-based motorcycles to be converted into electric-powered motorcycles. This is in view of Indonesia’s commitment to controlling climate change, with a target of reducing carbon emissions or known as the…

Domestic Market Obligation (DMO) And Its Role In Securing Domestic Coal Supply
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Domestic Market Obligation (DMO) And Its Role In Securing Domestic Coal Supply

Recently, the Ministry of Finance of the Republic of Indonesia (“MoF”) issued Regulation No. 17/PMK.02/2022 regarding Types and Tariffs of Non-Tax State Revenues (PNBP) for Urgent Matters in the Forms of Fines and Compensation Funds for Fulfilling Coal Domestic Market Obligation at the Ministry of Energy and Mineral Resources (“MR 17/2022”). MR 17/2022 is an…

Regulation On IUP Adjustment and Registration of Changes of Shareholders, Bod And/or Boc For Mining Companies
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Regulation On IUP Adjustment and Registration of Changes of Shareholders, Bod And/or Boc For Mining Companies

In Mid-April 2022, the Government of Indonesia through the Ministry of Energy and Mineral Resources (“MEMR”) issued Decree of the Minister of Energy and Mineral Resources Number 78.K/MB.01/MEM.B/2022 of 2022 on Guidelines for the Implementation of Licensing Evaluation and Registration of Changes of Shareholders, Board of Directors and/or Board of Commissioners for the Mining Permit Issued…

KPPU Provides Leeway for Business Actors Through Compliance Programs
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KPPU Provides Leeway for Business Actors Through Compliance Programs

The decline in the number of positive cases of COVID-19 in Indonesia provides new hope for business actors to continue their business, which has been hit by economic difficulties in the last 2 (two) years. However, it is not easy for business actors to carry out business activities as usual in the midst of increasingly…