News & Articles

New Procedures on Direct Investment in Indonesia 
The Investment Coordinating Board (“BKPM”), through its BKPM Regulation No. 5 of 2013 (the “New Investment Procedures”), has set new rules on investment licensing and other procedures on the foreign and domestic direct investment companies.

Office Announcement

Indonesia Tops Asean Investment Survey
Businesspeople in the region see Indonesia as the top investment destination in the 10-member Association of Southeast Asian Nations, according to a survey released on Thursday.

Some Resource Titans Not Thrilled With Indonesian Export Ban
Local representatives of major business associations in East Kalimantan have protested a government regulation that will ban the export of raw materials and unprocessed commodities, including coal.

Indonesian Port’s Expansion to End Singapore’s Domination
North Jakarta’s Tanjung Priok port should be able to handle nearly double its current quantity of intermodal shipping containers when a Rp 17 trillion ($1.9 billion) revamp is completed by 2017, says Richard J. Lino, the president of state port operator

Indonesia’s Oil Supply Runs Deep
About 90 kilometers off the eastern coast of Kalimantan, Chevron is undertaking one of the most ambitious projects in Indonesia, drilling almost two kilometers below sea level to tap crude oil and natural gas from the nation’s vast potential of reserves