The Indonesian government has just enacted the law on the nation's capital city (the “Law”)*. Based on the Law, the current capital of Indonesia, Jakarta, located on the island of…
Bank Indonesia has launched a new system of fast and safe digital payments for retail customers.* Bank Indonesia calls this payment system, Fast Payment, or BI-Fast. Customers will be able…
The Minister for Energy and Mineral Resources has recently overhauled the system of compensation and fines for companies carrying out coal mining. The new system provides compensation for companies who…
Indonesia has a lot of commercial land, the use of which hasn’t been decided. This land is the object of speculation, which drives up the price across the board. To…
Bank Indonesia has enacted new Regulations,* which amend the previous law by introducing significant new reporting requirements for parties undertaking foreign exchange offshore loans and/or risk participation transactions. Bank Indonesia…
Indonesia introduced Branchless Banking Services, Laku Pandai, in 2014 with a view to bringing banking services to people in Indonesia who are unable to access to financial services. Typically, those…
The Supreme Court has issued a circular stating that the authority to adjudicate objections to decisions of the Commission for the Supervision for Business Competition is to be transferred from…