The Ministry of Trade has issued Regulation No. 22/M-DAG/PER/3/2016 dated 28 March 2016 on General Provisions for the Distribution of Goods (“Regulation 22/2016”) to further regulate distribution of goods throughout Indonesia as instructed by Article 11 of Law No. 7 of 2014 on Trade.
Government of the Republic of Indonesia has enacted Government Regulation No. 29 of 2016 regarding Amendment to Authorized Capital of Limited Liability Companies (“GR 29/2016”), which came into effect on 14 July 2016.
On 8 October 2015, the Head of Indonesian Investment Coordinating Board (“BKPM”) issued a set of regulations, one of which is the Head of BKPM Regulation No. 14 of 2015 on Guidelines and Procedures of Investment under In-principle License (“BKPM Reg. 14/2015”) which has been amended by the Head of BKPM Regulation No. 6 of 2016 on Amendment to BKPM Reg. 14/2015 (“BKPM Reg. 6”) which came into effect on 6 June 2016.
The Government of the Republic of Indonesia has finally issued the Presidential Regulation No. 44 of 2016 regarding the List of Business Fields Which Are Either Entirely Closed or Conditionally Open to Foreign Investment (“New Negative List”) which revokes the Presidential Regulation No. 39 of 2014 regarding the List of Business Fields Which Are Either Entirely Closed or Conditionally Open to Foreign Investment (“2014 Negative List”).
Human Rights advocates in Indonesia received an unexpected support from the Constitution Court of Indonesia's decision to broaden ambit for Pretrial Proceeding.
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