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Searching Content by Budidjaja International Lawyers ordered by Published Date Descending.
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1
Implementing Regulation For The Old Age Security Program Of The National Security Agency
As a breakthrough, GR 46/2015 provides an opportunity for participants who have participated for at least 10 years to allocate their JHT benefits to housing ownership for a maximum 30% of JHT amount.
Indonesia
1 Mar 2016
2
New Mechanism And Procedures For Investment Principle License Application For Consultation Service Business Sectors
On 15 July 2015, the Indonesian Capital Investment Coordination Board issued a circular letter on a new mechanism and procedures for Principle License applications, aimed particularly at businesses in consulting services.
Indonesia
29 Feb 2016
3
Debt To Equity Ratio Recording For The Purpose Income Tax Calculation (169/PMK.010/2015)
On September 9, 2015, Minister of Finance issued Regulation NO. 169/ PMK.010/2015 regarding DEBT TO EQUITY RATIO for the purpose of income tax calculation.
Indonesia
29 Feb 2016
4
New Supreme Court Regulation: Small Claim Court
On 7 August 2015, the Supreme Court of the Republic of Indonesia issued Regulation No. 2 of 2015 concerning Procedures on Settlement of Small Claim.
Indonesia
29 Feb 2016
5
New Bank Indonesia Regulation On Prudential Principles In Managing Offshore Loans By Non-Bank Corporations
On 29 December 2014, Bank Indonesia issued a new regulation (No. 16/21/PBI/2014) on the Implementation of Prudential Principles in Managing Offshore Loans by Non- Bank Corporations ("PBI No. 16/21").
Indonesia
28 Feb 2016
6
Chinese Investments Reach The Top 10 Foreign Investments In Indonesia
China has recently become the second largest economy in the world and is playing an influential role in the global economy.
Indonesia
28 Feb 2016
7
Pre - Contractual Liability On Quasi-Contracts: A Comparative Study
In a common law system, the principles of certainty and predictability are fundamental elements in concluding a contract.
Indonesia
28 Feb 2016
8
New Letter Of Credit Regulations
As a follow up to Article 40 of Law No. 7 of 2014 on Trade, which states that the government can set the mode of payment and delivery of goods in export and import activities.
Indonesia
26 Feb 2016
9
Bankruptcy Petition Against Insurance Companies Under New Insurance Law
The New Insurance Law provides that the procedures and requirements relating to a creditor's application are to be governed through the OJK regulations.
Indonesia
25 Feb 2016
10
Sunset Policy 2015
Below are the summaries of the abovementioned regulations:
Indonesia
25 Feb 2016
11
New Regulation On Minimum Capital Requirements For Transportation Business
Through Regulation No. PM.45 of 2015, the Minister of Transportation of the Republic of Indonesia has decided to determine the minimum capital requirements for companies in the transportation sector, which came into effect on 24 February 2015.
Indonesia
24 Feb 2016
12
Law No. 32 Of 2014 On Maritime
As an archipelagic nation, Indonesia has plenty of natural resources, including renewable resources, non-renewable resources, maritime energy, and the sea, as a medium for business on environmental service.
Indonesia
24 Feb 2016
13
Updates On Positions That Are Open For Foreign Workers
On 14 January and 16 February 2015, The minister for Manpower issue 7 (seven) ministirail decrees relating restrictions on positions which are open to foreign workers in various business sectors.
Indonesia
23 Feb 2016
14
The Constitutional Court Granted Judicial Review On The Provisions Of Environment Law
On 21 January 2015, the Constitutional Court of the Republic of Indonesia rendered Judgment No. 18/ PUU-XII/2014 on judicial review proceedings relating to the application of environmental permits...
Indonesia
23 Feb 2016
15
The Bali Nine And The Capital Punishment In Indonesia
Is the death penalty fair? Is it humane? Does it deter crime? The answers to these questions vary depending on who answers them.
Indonesia
19 Feb 2016
16
Recent Corporate Governance Reform In Indonesia
Indonesia is taking significant steps toward improving corporate governance. The lessons learnt from the Asian financial crisis of 1997-98 and the global financial crisis of 2007 were critical in initiating these reforms.
Indonesia
19 Feb 2016
17
Indonesian Court Refuse To Intervene Arbitration Proceedings Under BANI Rules
In a recent judgment, the District Court of South Jakarta refused to hear an application to recuse an arbitrator in arbitral proceeding held under the Indonesian National Board of Arbitration rules.
Indonesia
19 Feb 2016
18
Guidelines On Repurchase Agreement Transactions In Indonesia
Securities financing transactions (SFTs) serve a pivotal role in providing liquidity and funding for financial market participants.
Indonesia
17 Feb 2016
19
New Supreme Court Regulation
PERMA 5/2015 is enacted as the implementation regulation of Article 53 of the Law No. 30 of 2014 on State Administration Law ("Law 30/2014").
Indonesia
17 Feb 2016
20
The Supreme Court Dismissed Appeal Against Court Decisions Which Ruled That Contract Written In English Void
On a recently long debated decisions, the District Court of West Jakarta and the High Court of Jakarta judges ruled that Indonesian law governed loan agreement between a foreign company and an Indonesian company was void...
Indonesia
16 Feb 2016
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