The Amendment introduces a new formula for the calculation of minimum wages that will apply from 2024 onwards. This updated Formula incorporates an index on workforce contributions to the economic growth of the relevant province or regency/city, which is represented by the symbol .

The maximum economic benefit thresholds have been divided into two categories (i.e. productive funding and short-term consumption-related funding), along with the relevant respective maximum rates that will come into force on 1 January 2024. Moreover, organizers of P2P lending services may involve other third parties in collection activities, however, said activities must be preceded by the drawing up of written collection agreements.

The Supreme Court has now issued Technical Instructions specifically aimed at registering legal remedies in the form of cassation and judicial review carried out electronically

This new Regulation addresses the organization of account books for excisable goods by customs-and-excise officials for the following parties: 1) Ethyl alcohol manufacturing businesses, for payable excise on ethyl-alcohol products located at manufacturing locations; 2) Storage facility businesses, for payable excise on ethyl-alcohol products located at storage facilities; or 3) Businesses that manufacture Beverages Containing Ethyl Alcohol (Minuman yang Mengandung Etil Alkohol "MMEA"), for payable excise on MMEA located at manufacturing locations and excise settlements that are to be completed through payments.

It is essential to note that, in preparation for the new regulation, companies are required to complete trial submissions of monthly reports from January 2024 until March 2024. This will help to ensure a smooth transition to the new reporting system.

Regulation 18/2023 authorizes officials to request any data, documents, statements and/or samples of goods for the purpose of Re-Examinations. Any failure to comply with such requests may result in Business Actors being subject to the imposition of two phases of reprimand letters and ultimately being blocked from customs services if said non-compliance continues.

Suction Vessels must now be insured in order to cover any environmental impacts that may arise as a result of their operations.

This regulation introduces various changes to the implementation of public-private partnership schemes that are initiated in order to procure infrastructure

In order to establish greater legal certainty in relation to import and export activities, the Minister of Finance has now introduced Regulation No. 96 of 2023 on Customs, Excise and Tax Provisions for Imports and Exports of Consigned Goods

Food and beverage products that are produced by certain types of F&B Product businesses are required to be halal certified