Objective is to increase State revenue from mining royalties

To resolve the mess in the current royalty collection system

This weeks Indonesian Law Digest (ILD) aims to provide a comprehensive elaboration on the new alcohol regulatory framework established by the 2013 Presidential Regulation. To this end, its coverage will encompass matters relevant to the classification of alcoholic beverages, as well as the production, import, distribution and sale of alcoholic beverages.

Legal uncertainty remains the biggest obstacle for the oil and gas business

Must be sure client has ability to fulfill its financial obligations

Investors are waiting for the presidential election result

The Government promises to reduce the steps in obtaining necessary licenses

Discrepancies between income in rupiah and loans in foreign currencies may cause significant losses

Covering one-stop licensing service, a mineral processing orientation, working areas, government revenue, as well as mining company divestment.

Broadly regulate microinsurance, including simplified sales procedures, maximum premiums, and incentives for companies selling microinsurance products