Simplified New Rules on Foreign Workers (TKA) in Indonesia

President Joko Widodo has officially signed Presidential Regulation No. 20 of 2018 on Foreign Worker Utilization (“PR No. 20/2018”), which will come into force on 29 June 2018. Upon its forthcoming operation, the new regulation will replace and revoke Presidential Regulation No. 72 of 2014 on Utilization of Foreign Workers and Implementation of Education and… Read More »

New Obligations On Post-Operation (Asr) Activities And Reserve Fund Allocation

The Ministry of Energy and Mineral Resources (“MEMR”) recently issued Regulation No. 15 of 2018 regarding the Post-Operation Activities in the Upstream Oil and Gas Industry (“MEMR Regulation No. 15/2018”), imposing new obligations with respect to Abandonment and Site Restoration (ASR) or post-operation activities on contractors. The regulation came into force on 23 February 2018… Read More »

Key Differences Between Existing Indonesian Personal Data Regulations

For the past few years, the Indonesian market has seen the rise of technology-based start-up companies, and this phenomenon stimulates the rapid development of technology-based transactions (including the technology-based “unicorn”[1] companies such as Go-Jek, Tokopedia, and Traveloka[2]). One distinctive characteristic of these technology-based transactions is that consumers are generally required to provide their personal information… Read More »

Further Steps by the Ministry/Minister of Energy and Mineral Resource (‘MEMR”) to Ease Investment Procedures in Energy Sectors

Following the press conference last February, the Indonesian Ministry of Energy and Mineral Resources (“MEMR”) has taken several progressing steps to improve investment climate in Indonesia, particularly in energy sectors. In Oil and Gas Sector, MEMR has issued the Minister of Energy and Mineral Resources Regulation No. 6 of 2018, which revokes 11 existing MEMR… Read More »

W&P presented a seminar on Hukum Online Training 2018 of “Scrutinizing Legal Aspect of Merger, Acquisition and Consolidation”

On 20 February 2018, our Luky Walalangi, Miriam Andreta, Fiesta Victoria and Hans Adiputra, presented a seminar on Hukum Online training 2018 of “Scrutinizing Legal Aspect of Merger, Acquisition and Consolidation”, which was attended by almost 40 participants, coming from various sectors of domestic and multi-national companies. The discussions were lively, where Hans Adiputra focused… Read More »

Simplifications and Regulatory Improvement in Energy and Mining Sectors

To simplify the bureaucracy and improve the investment climate in Indonesia, the Indonesian Ministry of Energy and Mineral Resources (MEMR) issued a press release on the 5th of February, 2018, which announced the plan to revoke 32 energy regulations consisting of: 11 regulations from the oil and gas sector, 7 regulations from the mineral and… Read More »

New Stricter Supervision Rules by the Government for Imports of Used Capital Goods

Indonesian Minister of Trade just issued a new regulation on importation of used capital goods (Minister of Trade Regulation No. 17 of 2018 – “Regulation 17 of 2018”), which amends a number of provisions set forth under the previous Ministry of Trade Regulation No. 127/M-DAG/PER/12/2015 of 2015 and Ministry of Trade Regulation No. 90 of… Read More »

BKPM Issues A New Investment Regulation of 2018

The Indonesia Investment Coordinating Board (“BKPM”) has just enacted BKPM Regulation No. 13 of 2017 on Guidelines and Procedures for Licenses and Investment Facilities (“BKPM Reg 13”), which will be effective at the Central One Stop Services Office of BKPM as of January 2, 2018 and at the regional level as of July 2, 2018… Read More »

A Glimpse at Fintech/P2P Regulations in Indonesia

The Indonesian Financial Services Authority (OJK) enacted a regulation on peer to peer (P2P) lending services on 29 December 2016 (OJK Regulation No. 77/POJK.01/2016 on information technology-based loan arrangement (layanan pinjam meminjam uang berbasis teknologi informasi) (“OJKR 77”)), which constitutes the first regulation issued by the authority on platform administration and loan arrangement on internet… Read More »