Year Category: 2023

Indonesia to Allow Certain Companies to Adjust Working Hours, Wages

Indonesia’s Minister of Manpower on March 8, 2023, issued MOM Regulation No. 5 of 2023 regarding the Adjustment of Working Hours and Wages in Certain Export-Oriented, Labor-Intensive Companies Affected by Changes in the Global Economy (“MOM 5”). MOM 5 was issued to help certain export-oriented, labor-intensive companies facing continuity of work and continuity of business Indonesia to Allow Certain Companies to Adjust Working Hours, Wages

Cryptoassets & Blockchain – Indonesia

Lexology Getting the Deal Through – Cryptoassets & Blockchain 2023 Cryptoassets & Blockchain is a quick reference guide including legal and regulatory framework; use of cryptoassets for investment, financing, trading and payments; cryptocurrency mining; blockchain and other distributed ledger technologies; and recent trends. Download the Indonesia chapter of Cryptoassets & Blockchain 2023 here.

Oil and Gas Regulation – Indonesia

International Comparative Legal Guide – Oil & Gas Regulation 2023, published by Global Legal Group. ICLG – Oil & Gas covers common issues in oil and gas laws and regulations, including development of oil and natural gas, import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment. Download the Indonesia Oil and Gas Regulation – Indonesia

SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

SSEK Law Firm acted for several creditors in the US$9.8 billion debt restructuring of flag carrier Garuda Indonesia, one of the largest and most complex suspension of debt payment obligation (PKPU) proceedings in Indonesian history. SSEK’s clients in the PKPU process included maintenance, repair and operations (MRO) vendors, including a leading multinational aerospace company. The SSEK Law Firm Acts for Creditors in Garuda Indonesia Restructuring

SSEK Contributes Indonesia Chapter to Renewable Energy Guide

SSEK partners Fitriana Mahiddin, and Syahdan Z. Aziz,  and Shafira Anindia Alif Hexagraha, an associate at the firm, have contributed the Indonesia chapter to International Comparative Legal Guide – Renewable Energy 2023, published by Global Legal Group. ICLG – Renewable Energy covers common issues in renewable energy laws and regulations, including the renewable energy market, SSEK Contributes Indonesia Chapter to Renewable Energy Guide