03 May 2016
NEW REGULATION OF THE MINISTER OF ENERGY AND MINERAL RESOURCES REGARDING EXPORT SALES OF PROCESSED AND PURIFIED MINERALS
On 5 February 2016, the Minister of Energy and Mineral Resources (“MEMR”) issued Regulation No. 05 of 2016 on Procedure for the Issuance of Recommendation for Export Sales of Processed and Purified Minerals (“Regulation 05”). Regulation 05 revokes the previous MEMR Regulation No. 11 of 2014 and Regulation of the Director General of Minerals and Coal (“DGMC”) No.…
03 May 2016
REGISTRATION PROCEDURE OF IP LICENSING AGREEMENT
The Ministry of Law and Human Rights of the Republic of Indonesia (“MOLHR”) has issued a new regulation which requires that all IP licensing agreements be registered for recordation at the ministry. The regulation is MOLHR Regulation No. 8 of 2016 regarding Rules and Procedures for the Recordation of Intellectual Property License Agreements (“Regulation No. 8 / 2016”). Regulation…
03 May 2016
INDONESIAN GOVERNMENT ISSUES PRESIDENTIAL REGULATION TO ACCELERATE ELECTRICITY INFRASTRUCTURE DEVELOPMENT
On January 19, 2016, the Government of the Republic of Indonesia (GoI) promulgated Presidential Regulation No. 4 of 2016 concerning Acceleration of Electricity Infrastructure Development (“PR 4/2016”). The issuance of PR 4/2016 is part of the GoI’s commitment to ensure the success of its 35,000 MW program. PR 4/2016 outlines the rules of the game for the implementation of the Electricity…
03 May 2016
ELEVENTH INDONESIAN ECONOMIC POLICY PACKAGE: IMPROVING NATIONAL COMPETITIVENESS IN THE GLOBAL ECONOMIC BATTLE
The Indonesian Government unveiled, on Tuesday, 29 March 2016, its 11th economic stimulus package (“Package”). The Package is the latest of the series of economic stimulus packages which have been issued since September 2015 with the aim of boosting the country’s economic growth and improving the investment climate. The following are the Package’s five points: Export-Oriented…
03 May 2016
SEMINAR ON REGULATION AND FINANCING OF SHIPPING BUSINESS IN INDONESIA
Yayasan ABNR will be organizing a seminar on "Regulation and Financing of Shipping Business: Responding to Challenges and Opportunities of Maritime Industry in Indonesia" which will be held on May 24, 2016 at Financial Hall, Graha CIMB Niaga. The seminar will discuss business opportunity and investment in shipping business, financing and security law, as well as obstacles related to the banking sector.…