NEW RULES FOR APPLICATION BASED PUBLIC TRANSPORTATION
The Minister of Transportation has issued Minister of Transportation Regulation No. PM 32 of 2016 on the Organization of Non-Fixed-Route Public-Transportation Services. This regulation addresses the ongoing dispute between the existing transportation companies and application-based transportation services.
read moreNEW OJK REGULATION ON BANKING RISK MANAGEMENT ISSUED
The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) has issued Regulation No. 18/POJK.03/2016 on Banking Risk Management.
read moreNEW OJK REGULATION ON GUIDELINES AND MANDATORY MINIMUM CAPITAL FOR COMMERCIAL BANKS
The OJK has also issued Regulation No. 11/POJK.03/2016 on the Mandatory Minimum-Capital Requirements for Commercial Banks.
read moreNEW HEAD OF BPN REGULATION ON THE SETTLEMENT OF LAND DISPUTES
On 21 March 2016, the Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency issued Regulation No. 11 of 2016 on The Settlement of Land Disputes (“Head of BPN Regulation 11/2016”).
read moreTECHNICAL GUIDELINES FOR ISSUING BUSINESS LICENSES TO FOREIGN INVESTMENT CONSTRUCTION SERVICES COMPANIES
In early 2016, the Ministry of Public Works and Public Housing issued a regulation on Technical Guidelines for Issuing Business Licenses to Foreign Investment Construction Services Companies (Peraturan Menteri Pekerjaan Umum dan Perumahan Rakyat Republik Indonesia No. 03/PRT/M/2016 tahun 2016).
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