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• Government Changes Divestment Requirements for Mining Companies in Indonesia Indonesia’s mining industry stays in flux.
• Procurement Arrangements in the Indonesian Construction and Projects Sector Under Indonesian Law No. 2 of 2017 (the “Construction Law”), procurement preparations in Indonesia are made via the execution of a development work contract between the project owner/employer and the service provider/contractor.
• BKPM Stops Issuing Licenses On 21st June, the federal government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services.
• We supply making primary requirements to academic papers compliance take a look at using “Paper quality checking” service.
• Aside from contractual restrictions related to modifications in shareholding, neither the PPAs nor the facility sector laws imposed another restrictions on corporate actions of IPP companies.
• This legal update supplies a comprehensive overview of the different classifications for export items, as nicely as relevant licensing procedures and laws.

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Perils Of Overseas Litigants Not Collaborating In Singapore Proceedings

Guide to Benefits in Indonesia In 2011, the Indonesian government reformed its National Social Security System and handed Law No. 24 on the Social Security Organising Body to assist meet the basic needs of the country’s inhabitants. Companies in Indonesia are required to register employees within the Indonesian government’s employment social safety programmes. New Online Registration System Transforms Franchise Application Process The Ministry of Trade (“MOT”) has launched a new platform for the registration of a variety of licenses including the franchise registration certificates.

New Indonesian Mine Mouth Coal Pricing Regulation Introduces Pricing Flexibility On 4th April 2016, the Minister of Energy and Mineral Resources issued a brand new regulation on coal pricing for mine mouth power projects, Regulation No. 9 of 2016 on the Procedures for the Supply and Determination of Coal Price for Mine Mouth Power Plants. Regulatory Developments in the Indonesian Banking Industry The Financial Services Authority has had regulatory authority over Indonesian banks, besides Bank Indonesia (“BI”), since thirty first December 2013, as stipulated underneath Law No. 21 of 2011 relating to the Financial Services Authority. Indonesia’s international funding coverage has been in the highlight since the Government of Indonesia conveyed in 2014 its intention to terminate all of its current bilateral funding treaties. Indonesia Introduces New Solar Power Regime In 2013, the Indonesian government first introduced a solar energy regulatory regime which required the federal government to publish solar energy quota allocations for various components of Indonesia. However, the Indonesian Supreme Court struck down this 2013 framework as being inconsistent. BPOM Simplifies Drug Registration Process On 4th August 2016, the Food and Drug Supervisory Agency enacted a brand new regulation which changes the registration process of medicine.

Mills & Reeve: Charity Legal Update

Mandatory Use of Rupiah in Indonesia Indonesia’s central bank, Bank Indonesia, lately issued BI Regulation No. 17/3/PBI/2015 regarding the Mandatory Use of the Rupiah inside the Republic of Indonesia, which restricts using international foreign money in home transactions carried out within Indonesian territory. Indonesia, ASEAN and Investment – A Q&A With increased interest in Indonesia and the impending completion of the ASEAN Economic Community, overseas traders are on the lookout for a method to do enterprise in Indonesia. SSEK discusses the revised Negative Investment List, the influence of the ASEAN Free Trade Area on Indonesia and Bilateral Investment Treaties. Guide to Background Checks in Indonesia Employers in Indonesia regularly carry out background checks on applicants.

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