Dec 29, 2015 | Law, Politics
On December 23, 2015, the Corruption Court in the Central Jakarta District Court commenced the trial on the graft case involving the disgraced Governor of North Sumatra Gatot Pujo Nugroho and his second wife Evy Susanti. Both were tried separately, but their...
Dec 29, 2015 | Industries, Law, Market, News Group
The House of Representatives (DPR) continues their discussion on the draft of the bill to amend the Law No. 22/2001 on Oil and Gas (UU Migas). Until today, the most prominent and publicly discussed issues is the status of SKK Migas. But given that we’re at the...
Dec 28, 2015 | Law, News Group, Politics
The rumor that’s been spreading since last week turns out to be true. The President Director of PT Pelabuhan Indonesia II (Pelindo II) (Persero) Richard Joost “RJ” Lino was indeed sacked. The surprising decision to get rid of Lino was made after he was declared...
Dec 28, 2015 | Law, Market, News Group
PT AAA Investment finally entered its period of Suspension of Debt Payments (PKPU). The investment company has until next month to record the total bills of debt they have amassed. The team administrating the PKPU have already set the deadline for the creditors to...
Dec 23, 2015 | Commodities, Law, Market
The government has on Wednesday (Dec 23) signed amendment of mining contracts, consisted of nine contract of works (COWs) and 12 coal contract of works (CCOWs). Contractors agreed to use the prevailing laws for items related to the State revenues, except for the...
Dec 21, 2015 | Law, News Group
After going through a variety of issues in the past two plenary sessions, on December 15, 2015 the House of Representatives (DPR) finally decided to include the Bill on Tax Amnesty into the 2016 National Legislation Program (Prolegnas). Only two political party...
