Ministry of Marine and Fisheries’ Response on Benoa Bay Reclamation

Jul 22, 2016 | Law

Minister of Marine and Fisheries Susi Pudjiastuti was enraged by the report published in several media outlets that questioned her integrity in handling the Benoa Bay reclamation project. On July 19, 2016 Minister Susi took to Twitter to question the motive of the...

New Phase on Askrindo’s Corruption Case

Jul 22, 2016 | Law

Benny Andreas Situmorang, one of the convicts in the corruption case involving PT Asuransi Kredit Indonesia (Persero) (Askrindo), has reportedly filed a Reconsideration (PK) to the Supreme Court (MA). Benny claims to have new evidence (novum) that could challenge the...

Implementing Regulation for the Law on Tax Amnesty

Jul 21, 2016 | Law, Market

On July 18, 2016 the Ministry of Finance issued two Regulations of the Minister of Finance (PMK) to fulfil the mandate of Law No. 11/2016 on Tax Amnesty. The published regulations are PMKs No. 118/PMK.03/2016 and PMK No. 119/PMK.08/2016. The PMK 119 was published...

Allegation of Cartel Practices on the Distribution of Automatic Transmission Scooters

Jul 21, 2016 | Industries, Law

The Business Competition Supervisory Commission (KPPU) held their inaugural session to examine the allegation of cartel practice in the motorcycle business on July 19, 2016. The reported parties in the trial are PT Yamaha Indonesia Motor Manufacturing (YIMM) and PT...

The Fight against Illegal Fishing Continues

Jul 20, 2016 | Law

Combating Illegal, Unreported and Unregulated Fishing has been a mission of the government of President Joko Widodo, under the command of his Minister of Marine and Fisheries Susi Pudjiastuti. As expected, it’s not an easy battle to pick. There will be hick-ups...

Updates on Brent Ventura’s PKPU

Jul 20, 2016 | Law

PT Brent Ventura finally presented their peace proposal draft on July 18, 2016 at the meeting of creditors. In the draft, the Company listed options for debt payment and assets to be sold. But the creditors are not satisfied because most of the mentioned assets are...

The Trial of the Case of Bribery Implicating Lippo Group Continues

Jul 19, 2016 | Law

The trial of Doddy Arianto Supeno, an employee of PT Artha Pratama Anugerah (APP) who was caught handing bribes to the Registrar of the Central Jakarta District Court Edy Nasution, continues. The Panel of Judges of the Corruption Court of Central Jakarta District...

Bankruptcy Lawsuit Against Punj Llyod Indonesia

Jul 19, 2016 | Law

PT Punj Llyod Indonesia (PLI) has to face a bankruptcy lawsuit filed by one of its creditors, PT Wika Intinusa Niagatama (WIN). The lawsuit is the first bankruptcy lawsuit filed against PLI within three years, after previously managing to avoid the lawsuits on...

The Yayasan Supersemar’s Dispute  

Jul 18, 2016 | Law

The Attorney General’s Office (AGO) must go through a difficult process executing the decision of Reconsideration (PK) in the dispute between the State against Yayasan Supersemar, a foundation that belongs to the family of former President Soeharto. After facing the...

Legislative Journal: PMK No. 108/PMK.05/2016

Jul 18, 2016 | Law

The Ministry of Finance published the Regulations of the Minister of Finance (PMK) No. 108/PMK.05/2016 on Procedures for Subsidiary Loans for State-Owned Enterprises and Regional Governments. The PMK No. 108/PMK.05/2016 is the implementing regulation for the...