Limits on the entry of non-commercial goods that comprise the personal belongings of passengers, transportation crews and border crossers have now been set. Said hand-carry goods that are limited in terms of their import into Indonesia broadly encompass the following: 1) Footwear: two pairs; 2) Bags: two pieces; 3) Textile products: five pieces; 4) Electronic goods: five units with maximum values of US$ 1,500; and 5) Cellphones, laptops and tablets: two units.
four forms of commitment have been introduced and these must be fulfilled by Household Food Industries in order to ultimately secure SPP-IRT
The minimum number of members of the Sharia Supervisory Boards of Sharia Commercial Banks and Sharia Business Units has now been set at a minimum of three persons and a maximum of 50% of the total number of members of Banks boards of directors
Regulation 1/2024 has now removed the explicit obligation for AHP applicants for imports and exports of narcotics to be State-Owned Pharmaceutical Wholesalers. However, all narcotics importers and/or exporters must first secure special permits for these activities from the Minister of Health
Individuals and business entities that engage in the cosmetics business sector are still obliged to ensure that all cosmetics products that are manufactured domestically and/or imported into Indonesia fulfill the applicable technical requirements (i.e. safety, efficacy and quality requirements). Currently, the fulfillment of said safety and efficacy requirements must be proven via laboratory testing and/or other relevant identified or empirical references. However, the Draft Regulation now obliges the quality requirements to be proven through laboratory test results that comply with the applicable laws and regulations.
During construction project tenders, participants have the option of joining as sole proprietorships or may engage in joint operations (Kerja Sama Operasi KSO). However, a number of specific provisions must be fulfilled in order for KSO to join as participants, including requirements that relate to form, qualifications and KSO agreements
While maintaining the core eligibility criteria for the securing of household electricity tariff ("Tariff") subsidies by customers of PT PLN (Persero) ("Subsidies") that originally featured under Regulation 29/2016 (i.e. households with 450 volt-ampere ["VA"] supplies or poor and underprivileged households with 900 VA supplies), Regulation 3/2023 states that the latter classification of eligible Subsidy recipients should be granted Subsidies through the matching of PT PLN (Persero) customer ("Customer") data ("Customer Data") with data that already features on integrated lists of households eligible to secure social welfare, as issued by the Ministry of Social Affairs
In addition to the existing mechanism for the cancellation of securities transactions that are undertaken through Alternative Market Organizer Systems (Sistem Penyelenggara Pasar Alternatif "SPPA"), a new mechanism for the correction of said transactions has now been introduced. Said corrections may only be carried out in relation to information on completed transactions, including: 1) Prices; 2) Volumes; and/or 3) Transaction settlement dates. In this regard, the aforementioned corrections and/or cancellations of transactions must be requested within 45 minutes of the end of SPPA's operational trading hours on the same transaction day
As matters relating to electrical energy imports-exports and electrical energy capacity charges for Rooftop Solar Power Plants (Pembangkit Listrik Tenaga Surya Atap "PLTS Atap") are no longer featured under the new framework, any excess electrical power that is produced through PLTS Atap systems may not be calculated as reductions in the electricity bills of PLTS Atap customers. Moreover, holders of Business Permits for the Provision of Electrical Power for Public Use (Izin Usaha Penyediaan Tenaga Listrik untuk Kepentingan Umum "UPTLU") are now required to establish a PLTS Atap development quotas for each of their electrical power systems, which should be drafted for five-year periods.
In order to secure import approvals, technical considerations must first be secured from the Minister of Industry through the submission of prior applications by holders of API-U and API-P.