Blog Category: Legal Updates

New Construction Law in Indonesia: Changing the Regulatory Framework

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By Awang Fahrizal The Government of Indonesia (GOI) recently issued Law No. 2 of 2017 regarding Construction Services (the New Construction Law). The New Construction Law revokes Law No. 18 of 1999 regarding Construction Services (the Previous Construction Law) and introduces several changes and new provisions related to construction services in Indonesia. Below are the most significant … New Construction Law in Indonesia: Changing the Regulatory Framework

Bank Indonesia Issues Rules for Payment System Service Providers

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Bank Indonesia (BI) has issued a circular letter on licensing procedures and requirements related to payment system transactions in Indonesia. BI Circular Letter No. 18/41/DKSP regarding the Implementation of Payment Transaction Processing, dated December 30, 2016 (the Circular Letter), is an implementing regulation for BI Regulation No. 18/40/PBI/2016 on the Implementation of Payment Transaction Processing … Bank Indonesia Issues Rules for Payment System Service Providers

Indonesia Regulates Gross Split Production Sharing Contracts for Conventional and Non-Conventional Oil and Gas

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By Fransiscus Rodyanto The Indonesian Minister of Energy and Mineral Resources (MEMR) on January 13, 2017 issued Regulation No. 08 of 2017 regarding Gross Split Production Sharing Contracts (MEMR Reg. 8/2017), which came into force on January 16, 2017. The main features of MEMR Reg. 8/2017 are as follows: Gross Split PSC MEMR Reg. 8/2017 … Indonesia Regulates Gross Split Production Sharing Contracts for Conventional and Non-Conventional Oil and Gas

Data Protection in Indonesia

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There is no comprehensive data protection law in Indonesia. Indonesian legal scholars often refer to Article 28(g) of the 1945 Constitution as the basis (albeit rather vague basis) for more specific data privacy legislation. Article 28(g) of the 1945 Constitution states: Each person shall have the right to protection of their personal selves, families, respect, … Data Protection in Indonesia

Guide to Benefits in Indonesia

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By Indrawan Dwi Yuriutomo In 2011, the Indonesian Government reformed its National Social Security System and passed Law No. 24 on the Social Security Organizing Body (Badan Penyelenggara Jaminan Sosial or BPJS) (the “BPJS Law”) to help meet the basic needs of the country’s population. The types of social security programs mandated under the BPJS … Guide to Benefits in Indonesia

New Regulation in Indonesia Amends the Facilities Requirements for Public-Private Partnerships

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By Awang Fahrizal Indonesia’s Ministry of Finance (MOF) recently issued MOF Regulation No. 129/PMK.08/2016 regarding the amendment of MOF Regulation No. 265/PMK.08/2015 regarding Facilities for the Preparation and Implementation of Public-Private Partnership (PPP) Project Transactions for the Provision of Infrastructure (MOF 129/2016). MOF 129/2016 amends MOF Regulation No. 265/PMK.08/2015 (MOF 265/2015) and introduces several new … New Regulation in Indonesia Amends the Facilities Requirements for Public-Private Partnerships

New Regulation Allows Direct Appointment of Regional-Owned Enterprises for Construction Projects

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By Ira A. Eddymurthy and Awang Fahrizal The Indonesian government recently issued Government Regulation No. 54 of 2016 regarding the Third Amendment to Government Regulation No. 29 of 2000 regarding the Implementation of Construction Services (Third Amendment). The Third Amendment introduces additional provisions similar to those in the previous amendment, namely Government Regulation No. 79 … New Regulation Allows Direct Appointment of Regional-Owned Enterprises for Construction Projects

Distributing Goods in Indonesia: What Are the Rules?

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By Ira A. Eddymurthy and Christina N. Soela Indonesia’s Ministry of Trade (MOT) recently issued a regulation on the distribution of goods. MOT Regulation No. 22/M-DAG/PER/3/2016 regarding General Provisions on the Distribution of Goods (MOT Reg 22/2016) stipulates that goods can be distributed directly or indirectly to consumers within Indonesia. It revokes Minister of Industry and Trade … Distributing Goods in Indonesia: What Are the Rules?