NEW BAPEPAM-LK REGULATION ON ANNUAL REPORTS OF PUBLIC OR LISTED COMPANIES
On 1 August 2012, the Indonesian Capital Market and Financial Institution Supervisory Board ("Bapepam-LK") issued a new regulation on Annual Reports of Public or Listed Companies, Bapepam-LK Regulation Number X.K.6
Download read moreAMENDMENT TO TRADE MINISTER REGULATION NO. 27/2012 RE. GOODS IMPORTS IS FINALLY ISSUED
The key change in the amendment is found in the broader scope of “special relationship”
Download read moreNEW DIVESTMENT REQUIREMENT FOR MINING COMPANIES IN INDONESIA
On 21 February 2012, the Government issued Government Regulation No 24/2012 on the amendment to Government Regulation No. 23/2010 on the Implementation of Mineral and Coal Mining Activities (“GR 24/2012”).
Download read moreSUPREME COURT DECISION AFFECTING IMPORTATION OF FINISHED GOODS BY PRODUCERS
The Supreme Court has struck down the core provisions of the Trade Minister Regulation which allowed producers to import finished goods (No. 39/M-DAG/PER/10/2010). The regulation will cease to have legal effect as of 8 May 2012
Download read moreCONSTITUTIONAL COURT DECISION ON FIXED TERM EMPLOYMENT CONTRACTS UNDER OUTSOURCING
The Constitutional Court in Decision No. 27/PUU-IX/2011 (“Decision”) declared articles 65(7) and 66(2)(b) of Law No. 13 of 2003 (“Manpower Law“) conditionally unconstitutional where fixed-term employment contracts used in outsourcing arrangements do not provide a clause protecting the rights of existing workers when the principal company (work provider) switches outsourcing company or labour provider but the same work continues.
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