Year Category: 2024

ASIALAW

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Aviation and Shipping – Highly Recommended Banking and Finance – Highly Recommended Banking and Financial Services – Highly Recommended Capital Markets – Recommended Competition/Antitrust – Highly Recommended Construction – Highly Recommended Consumer Goods and Services – Recommended Corporate and M&A – Outstanding Dispute Resolution – Highly Recommended Energy – Highly Recommended Industrials and Manufacturing – … ASIALAW

Indonesia Government Regulation Looks to Attract Investors to IKN with Improved Incentives

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In 2023, the Indonesian government issued Government Regulation No. 12 of 2023 regarding the Issuance of Business Licenses, Ease of Doing Business, and Investment Facilities for Business Actors Within the Capital City of Nusantara (Ibu Kota Nusantara or “IKN”) (“GR 12/2023”) to attract investors to invest and do business in IKN and areas of Kalimantan … Indonesia Government Regulation Looks to Attract Investors to IKN with Improved Incentives

Ship Collision and Salvage in Indonesia

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Indonesia has ratified the 1972 International Regulations for Preventing Collisions at Sea, by way of Presidential Decree No. 50 of 1979, but has not ratified the Convention for the Unification of Certain Rules of Law with respect to Collisions between Vessels. Liability in the event of ship collisions is also regulated by the Indonesian Commercial … Ship Collision and Salvage in Indonesia

SSEK Helps Host Special Event on Indonesia’s New Capital

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SSEK Law Firm and Castle Asia, a consulting firm with more than 30 years of experience in Indonesia, recently held a special event to discuss Indonesia’s planned new capital, Capital City of Nusantara (Ibu Kota Nusantara or IKN). The event, “Nusantara’s Development Trajectory and Long-Term Planning,” featured Bambang Susantono, Presidential Special Envoy for International Cooperation … SSEK Helps Host Special Event on Indonesia’s New Capital

SSEK Founding Partner Quoted in ABLJ Article on Legal and Business Trends in Indonesia

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SSEK Law Firm founding partner Ira A. Eddymurthy was quoted in an Asia Business Law Journal article on legal and business expectations in Indonesia following the election in February. Ira, discussing the reactions of foreign clients to the election and the change of leadership, said clients wanted to see the new composition of the ministries, … SSEK Founding Partner Quoted in ABLJ Article on Legal and Business Trends in Indonesia

SSEK Partner Stephen Warokka Quoted in Article on Indonesia’s New Golden Visa Program

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Stephen Igor Warokka, supervising partner of SSEK Law Firm’s corporate immigration practice and a partner in the firm’s labor and employment practice, was quoted in a recent Hukumonline article on Indonesia’s new Golden Visa program. The program offers long-term residency to qualified foreign nationals. Stephen was asked about the facilities and benefits under the Golden … SSEK Partner Stephen Warokka Quoted in Article on Indonesia’s New Golden Visa Program

Indonesia Legal Update: New OJK Regulation on Insurance Products and Marketing

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A new Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) regulation set to come into effect shortly will affect the products and marketing of insurance companies in Indonesia. OJK Regulation No. 8 of 2024 regarding Insurance Products and Marketing Channels for Insurance Products (“OJK Reg. 8/2024”) was stipulated on April 25, 2024, and will … Indonesia Legal Update: New OJK Regulation on Insurance Products and Marketing