Covid 19: Indonesian Bankruptcy and PKPU Proceedings

The COVID-19 pandemic has caused more economic harm to Indonesia than the subprime mortgage crisis in 2008. As part of efforts to check the spread of the virus, the Indonesian government has implemented a policy of Large-Scale Social Restrictions (Pembatasan Sosial Berskala Besar or “PSBB”), requiring most businesses to cease or at least pare down

Indonesian Trade Law Regulation on Prohibited Goods from Being Imported

On February 6, 2019 the Indonesian government has legislated Minister of Trade Regulation No. 12 of 2020 concerning Imported Prohibited Goods (“MOT Regulation No. 12/2020”). MOT Regulation No. 12/2020 is the implementing regulation of Law No. 7 of 2014 concerning Trade (“Trade Law”) which stipulates that importers are prohibited from importing certain goods. Importers are

Ministry of Trade Regulation number 39 year 2020 on Provisions and Procedures of Issuance Certificate of Origin for Goods of Indonesian Origin

To ensure the smooth flow of goods and improve the effectiveness of the issuance of Certificate of Origin (SKA) for Goods from Indonesia in the context of exports in accordance with international trade agreements that are in force, it is necessary to make adjustments to the procedure for issuing Certificates of Origin. The issuance of