ARMA Updates
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ARMA UpdatesJanuary 20, 2022
[Surat Ditjen Minerba No. B-1605/MB.05/DJB.B/2021] – Implikasi Larangan Ekspor Batubara
The Implication of the Coal Export Ban to Shipping Contract The Directorate General of Mineral and Coal (“DGMC”) of the Ministry of Energy Mineral Resources of Indonesia (“MEMR”) issued a policy to ban Indonesian mining companies from exporting coal. This prohibition is set out in the DGMC letter No. B-1605/MB.05/DJB.B/2021 regarding the Fulfilment of Read more…
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ARMA UpdatesJanuary 10, 2022
Larangan Ekspor Batubara dan Pemenuhan Kebutuhan Batubara untuk Kebutuhan Nasional
Prohibition of Coal Export and Securing Supply of Coal for National Needs The Directorate General of Mineral and Coal (“DGMC”) issued the DGMC Letter Number B-1605/MB.05/DJB.B/2021 of 2021 regarding the Fulfillment of Coal Needs for General Electricity on 31 December 2021, which prohibits coal exports to foreign countries. The issuance of such policy serves Read more…
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ARMA Updates
[Perbappebti No. 8 Tahun 2021] Pedoman Penyelenggaraan Perdagangan Aset Kripto
The Development of the Implementation of Crypto Asset Trading in BAPPEBTI Regulation Number 8 of 2021 The Government of Indonesia officially ratified the Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi or “BAPPEBTI”) Regulation Number 8 of 2021 concerning Guidelines for the Implementation of Physical Market of Crypto Assets in Futures Exchange Read more…
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ARMA UpdatesJanuary 7, 2022
[PP No. 8 Tahun 2021] UMKM
Government Regulation Number 8 of 2021: Sole Proprietorship and Companies that Meet the Criteria for Micro and Small Businesses (UMKM) After the enactment of Law No. 11 of 2020 on Job Creation (or known as the “Omnibus Law“) in November 2020, businesses are now increasingly given the ease of investing in Indonesia, especially related Read more…
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ARMA UpdatesDecember 17, 2021
[Permenhub 58 Tahun 2021] Hak Pelaut dan Awak Kapal
Minister of Transportation No. PM 58 of 2021 (Permenhub 58 Tahun 2021) Concerning Maritime Labour Convention 2006 Certification Maritime Labour Convention 2006 (“MLC”) is a convention organized by the International Labour Organization (“ILO”) in 2006 in Geneva, Switzerland. MLC aims to ensure the rights of seafarers around the world are protected and provide standard Read more…
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ARMA UpdatesDecember 10, 2021
(Permendag 18 Tahun 2021 dan Permendag 19 Tahun 2021) Regulasi Tentang Ekspor – Impor
The Development of Prohibition of Export and Import Goods and Export Online Based License On 1 April 2021, the Ministry of Trade of the Republic of Indonesia (“MoT”) issued the Minister of Trade Regulation No. 18 concerning Goods Prohibited from Exporting and Importing (“MoT Reg 18/2021” – “Permendag No. 18 Tahun 2021″) which regulates Read more…
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ARMA UpdatesDecember 6, 2021
[Perpres 98 Tahun 2021] – Presidential Regulation On Carbon Emission Economic Value
ESG Update: Indonesia has passed a long-awaited regulation regarding carbon emission and carbon trading mechanism The President of Indonesia has issued Presidential Regulation No. 98 of 2021 (Perpres 98 Tahun 2021) regarding the Implementation of Carbon Economic Value for Achieving Nationally Determined Contribution Targets and Control of Greenhouse Gas Emissions in National Development (“PR Read more…
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ARMA UpdatesNovember 23, 2021
[UU No. 7 Tahun 2021] Law No. 7 of 2021: Harmonization of Tax Regulations
On 29 October 2021, the Government of the Republic of Indonesia has officially promugalted Law No. 7 of 2021 regarding Harmonization of Tax Regulations (“Law 7/2021”). With the issuance of Law 7/2021, several tax provisions in Indonesia which had previously been regulated in separate regulations are now being amended simultaneously. Some of these regulations Read more…
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ARMA UpdatesOctober 6, 2021
PerMen LHK 4 tahun 2021 – Environmental Update: The Criteria and List of Businesses and Activities that are Mandatory to Have AMDAL, UKL-UPL, and SPPL
The Governmental Regulation No. 22 of 2021 on The Organization of Environmental Protection and Management was issued after the enactment of Law Number 11 of 2020 on Job Creation which amends the provisions regarding the environmental permit to be adjusted in the new business licensing system. Accordingly, the Minister of Environment and Forestry (“MOEF”) Read more…
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ARMA UpdatesSeptember 15, 2021
The Guidelines On Administrative Fines For Competition Law Violations
In order to establish an ideal supervisory system on Indonesia’s business competition, the Government of Indonesia, through The Business Competition Supervision Commission or Komisi Pengawasan Persaingan Usaha (hereinafter referred to “KPPU”), have attempted to arrange supervisory regulations that do not prioritize criminal sanction towards the business competition violation by issuing KPPU Regulation Number 2 Read more…