The Domestic Component Level (“TKDN”) policy is one of the Indonesian government’s strategies to promote national industrial growth, enhance economic self-reliance, and attract sustainable investment. TKDN has become a mandatory requirement for business actors, especially foreign investors, to support the use of domestic goods and services in all their business activities…

The government, through Minister of Finance Sri Mulyani Indrawati, has issued an Anti-Dumping Duty (“BMAD”) policy on imported ceramic tile products from China. This policy is outlined in the Minister of Finance Regulation (“PMK”) Number 70 of 2024, effective as of October 14, 2024, and will be enforced for the next five years…

Indonesia’s employment law landscape has recently undergone significant changes due to the Constitutional Court’s latest ruling, Number 168/PUU-XXI/2023, on the Omnibus Job Creation Law, issued on October 15, 2024 (“Constitutional Court”). Originally enacted on November 2, 2020, the Job Creation Law was designed to simplify Indonesia’s regulatory environment, stimulate economic growth, and attract foreign investment…

Private placement is a strategic method for Indonesian companies to raise capital by offering securities directly to selected investors, bypassing a public offering. Governed by the Capital Market Law and regulations from the Financial Services Authority (Otoritas Jasa Keuangan or OJK), private placement has become a popular fundraising option due…

In recent years, Indonesia has become one of the top investment destinations for foreign companies, including major corporations from China. As the largest economy in Southeast Asia, Indonesia offers tremendous potential across various sectors, from infrastructure and energy to manufacturing. However, while these opportunities are highly attractive…

In order to achieve better environmental responsibility in the mining sector, the Indonesian government has implemented strict regulations regarding reclamation and post-mining guarantees, clearly outlined in Article 100 of Law No. 3 of 2020 on Mineral and Coal Mining…

The Ministry of Energy and Mineral Resources (MEMR) plays a crucial role in guiding and overseeing the prioritization of the utilization of domestic goods and services in the effort to provide electricity. Recently, the MEMR issued a policy, namely MEMR Regulation No. 11 of 2024 on the Use of Domestic Products for the Development of Electricity Infrastructure (Permen 11/2024)…

According to the 2024 U.S. Geological Survey report, the world’s nickel resources are estimated to exceed 350 million tons, with global mine production projected to increase from 3.27 million tons in 2022 to 3.6 million tons in 2023. This reinforces the notion that nickel is becoming one of the most strategic metal commodities amid the global shift towards a more environmentally sustainable economy…

Indonesian National Standards (Standar Nasional Indonesia or SNI), as stipulated in Article 20 paragraph (2) of Government Regulation No. 34, can be applied to goods traded or distributed, services provided, processes or systems implemented, and personnel involved in specific activities…

Freedom of contract or the freedom to make an agreement, is a fundamental principle in civil law that grants parties the right to determine the content, form, and terms of an agreement. In Indonesia, this principle is enshrined in Article 1338 of the Indonesian Civil Code, which states that any agreement made legally is binding as law for the parties who make it…