Grounds for the Annulment of Domestic Arbitration Awards in Indonesia (Recent Development)
Following the issuance of Constitutional Court Ruling No. 15/PUU-XII/2014 dated 11 November 2014, up until now, no clear guidance has been provided on the use of Article 70 of the Arbitration Law (Law No. 30 of 1999) ie, the reasons for which an arbitration award can be annulled. This advisory discusses the recent development in the interpretation of Article 70 of the Arbitration Law by the Indonesian courts.
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NEW IMPLEMENTING REGULATIONS ON INDONESIA'S PENSION AND OLD AGE SECURITY PROGRAMS
On 30 June 2015, the Indonesian government issued Government Regulation No. 45 of 2015 on the Management of the Pension Security Program (“GR 45/2015”) and Government Regulation No. 46 of 2015 on the Management of the Old Age Security Program (“GR 46/2015”).
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The New Regulation on Government Procurement of Goods and Services
Presidential Regulation No. 12 of 2021 on Government Procurement of Goods and Services has just been issued as an amendment to Presidential Regulation No. 16 of 2018, as one of the implementing regulations of Law No. 11 of 2020 on Job Creation or the Omnibus Law. It mainly aims to provide more opportunities for micro-level businesses and cooperatives to be involved in the public procurement of goods and services.
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Indonesian Government Simplifies Outsourcing Requirements
In early August 2019, the Indonesian Minister of Manpower amended Minister of Manpower and Transmigration Regulation Number 19 of 2012 on The Requirements for Outsourcing (“MOMR 19/2012”).
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BEEF IMPORT CARTEL
On 22 April 2016, the Business Competition Supervisory Commission (KPPU) found 32 importer and feedlot companies in violation of Articles 11 and 19(c) of the anti-monopolies law and levied fines totaling over Rp.107bn (approximately USD8m at current exchange rates).
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