27 Nov 2023
ABNR Honored in Korea for Work on USD 711-million EV Battery Plant Financing Deal
We are pleased to share that an ABNR deal was recently named “Project Finance Deal of the Year” at the prestigious 2023 Asian Legal Business Korea Law Awards, which were presented at the Conrad Seoul hotel on Nov. 10. The winning deal saw ABNR advise Australia & New Zealand Banking Group Limited (ANZ), as syndication lead lender, on the USD 711-million financing provided to the Hyundai…
23 Nov 2023
Indonesian Introduces New ‘Golden Visa’ Scheme But Faces Tight Competition from Regional Rivals
The Indonesian government has recently introduced a new investment-based “golden visa” scheme. The nuts and bolts of the scheme are set out in Government Regulation No. 40 of 2023 on Immigration (“GR 40/2023”, effective 4 August 2023)[1] and Minister of Law and Human Rights Regulation No. 22 of 2023 on Visas and Residence Permits (“MOLHR Reg. 22/2023”, effective…
14 Nov 2023
New Indonesian Regulation Attempts to Control Growth of ‘Social Commerce’
The e-commerce landscape in Indonesia has seen tremendous growth and transformation in recent years, including the emergence of what is termed “social commerce,” that is, business models that combine features of both social media and e-commerce. The growth of social commerce significantly affected traditional market traders and other existing business models in Indonesia, leading to loud…
10 Nov 2023
OJK Aims to Boost Indonesia’s ‘Green’ Credentials via Newly Opened Carbon Exchange
A. What exactly is carbon trading? With climate change becoming an increasingly urgent issue, 196 countries adopted the Paris Agreement at the UN Climate Change Conference (COP21) on 12 December 2015, and it came into force on 4 November 2016. It is critical that countries that signed up to the Paris Agreement now fulfill their obligations to contribute to the reduction of greenhouse gas emissions…
06 Nov 2023
ABNR Receives Three Top Accolades at 2023 ‘ALB Indonesia Law Awards’
ABNR’s position as one of Indonesia’s top law firms was confirmed once again at the tenth iteration of the Asian Legal Business (ALB) Indonesia Law Awards, which were presented on Wednesday, Oct 25, during a glittering ceremony at the Jakarta Pullman hotel in Central Jakarta. This year saw the firm come home with three prestigious awards: Woman Lawyer of the Year (Ms. Rita Taufik) Medical…