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Essentially, the 2016 DNI revises various components of the 2014 DNI as they relate to the following investment sectors: 1) agriculture; 2) forestry; 3) marine and fisheries; 4) energy and mineral resources; 5) industry; 6) defense and security; 7) public works; 8) trade; 9) tourism and creative economy; 10) transportation; 11) communication and information technology; 12) finance; 13) the banking industry; 14) manpower; 15) education; and 16) health.
Minister of Law and Human Rights hopeful that the House will pass new regulation into law
Experts highlight several issues relating to the implementation of shipping hypothec and the need for a single, comprehensive regulatory framework.
Anticipation deemed vital, despite notary profession not yet being opened up to foreign citizens under the current Notary Law
Policy will cover futures-trading transactions in the commodity market, and transactions involving royalty payments and proceeds
The moratorium should ultimately be enforced through a Presidential Directive
This weeks Indonesian Law Digest (ILD) will discuss the various legal issues involved in the processing and purification of minerals, and will cover: The various parties and mining products which are subject to the obligation; The construction of smelters; and The exporting of smelted mining products
Draft regulation adopts the self-regulation model implemented by the US and European countries
The government must consistently implement agrarian reform