Covid-19 in Indonesia: Jakarta Administration Lays Legal Groundwork for Reopening of Capital’s Economy (11/06/2020)
  Despite widespread media reports of disagreement between the Jakarta provincial administration and the central government over the pace of reopening of the national capital’s economy, the Jakarta administration has now fallen into line with the center’s focus on restarting full ...


Covid-19 in Indonesia: OJK Issues New Rules on Compulsory Consolidation in Banking Sector to Safeguard Financial System Stability (10/06/2020)
  Following the issuance of emergency legislation that gives the state special powers to contain the economic fallout of Covid-19 (“Perppu 1/2020”),[1] the Indonesian Financial Services Authority (Otoritas Jasa Keuangan / “OJK”) recently issued Regulation No. ...


Covid-19 in Indonesia: Protocols Established for Reopening of Retail and Services Sectors (09/06/2020)
  The Ministry of Health (“MOH”) has recently issued guidelines for the reopening of businesses during the current winding down of partial lockdowns around the country and subsequent transition to the much vaunted “New Normal.” The guidelines for offices and industrial ...


BPOM Moves to Regulate Indonesia’s Burgeoning Online Trade in Food and Medicines (09/06/2020)
  Given the ever-increasing popularity of shopping at the click of a mouse, concerted efforts are now being made to regulate certain aspects of e-commerce that until recently were still ‘no man’s land’ in Indonesia, including the online sale and distribution of food and ...


Covid-19 in Indonesia: New Rules on Safe Working Introduced Ahead of Reopening of Economy (09/06/2020)
  Despite a continuing rise in the number of Covid-19 cases in Indonesia, the Government is laying the groundwork for the imminent lifting of partial lockdowns[1] around the country and a general reopening of the economy based on the application of what is termed the "New Normal," which ...


Aircraft Repossession in Indonesia amid Economic Fallout from COVID-19 (20/05/2020)
  The aviation industry has been one of the hardest-hit during the COVID-19 crisis, and Indonesia is no exception. Indonesian airlines report a steep decline in the number of travelers, and some are looking at restructuring, such as through the issuance of restructuring bonds. Aircraft ...


Indonesia’s FSA Relaxes ‘Single Presence Policy’ in Banking Sector but Tightens Minimum Capital Requirements (20/04/2020)
  A. Introduction   The Indonesian Financial Services Authority (Otoritas Jasa Keuangan / “OJK”) recently issued Regulation No. 12/POJK.03/2020 (“Reg. 12”, effective 17 March 2020),[1] which relaxes bank ownership rules under the OJK’s Single Presence ...


Jakarta Imposes Partial Lockdown to Curb Spread of Covid-19 (13/04/2020)
  Overview   Following the issuance of a Minister of Health decree permitting the introduction of large-scale social restrictions (“LSSR”) in Jakarta,[1]  the city’s governor, Mr. Anies Baswedan, has issued a regulation (the “Regulation”)[2] that ...


Indonesian Gov’t Arms Itself with Powers to Impose Local Lockdowns (08/04/2020)
  1. New Lockdown Powers   The Indonesian government has taken a series of concerted steps recently to establish a solid legal framework for the imposition of what are likely to be partial or total lockdowns at the local level to contain the spread of Covid-19.   The first of ...


Government Temporarily Bans Most Foreign Nationals from Entering Indonesia (06/04/2020)
  In response to the Covid-19 crisis, the President officially declared a public health emergency on March 31 through the issuance of Presidential Decree No. 11 of 2020, which mandates all government institutions to take whatever measures are necessary to contain the spread of the ...