Indonesia’s OJK Issues Regulation on Quick Restructuring for Troubled Banks in Wake of COVID-19

By Julian Martin The COVID-19 global pandemic has taken a toll on the Indonesian economy, underlining the need for financial institutions to have adequate liquidity in the face of uncertain times. In response, the Indonesian government issued Government Regulation in Lieu of Law No. 1 of 2020 on State Financial Policy for the Handling of COVID-19 […]

COVID-19 Social Distancing in Indonesia – Jakarta and Bogor Put in Place PSBB

By Stephen I. Warokka and Kadek Denny B. Adiputra In furtherance of Government Regulation No. 21 of 2020 on the Limitation of Large-Scale Social Interactions to Expedite Countermeasures against COVID-19 (March 31, 2020) (“GR 21/2020”), Bogor Regency has implemented Limitations on Large-Scale Social Interactions (Pembatasan Sosial Berskala Besar or “PSBB”), effective April 15 to April 28, 2020, with the […]

LEGAL UPDATES covid19-big Indonesia Introduces Criminal Court Trials by Teleconference in Response to COVID-19

By Dimas Indartono The Indonesian Supreme Court has issued Circular Letter Number 1 of 2020, dated March 23, 2020, regarding Adjustment of the Working System for Judges and Court Apparatus in an Effort to Prevent the Spread of COVID-19 at the Supreme Court and Subordinate Courts (the “Circular Letter”). The Circular Letter gives courts the discretion […]

LEGAL UPDATES covid19-big Indonesia Suspends Foreign Manpower Work Permit Applications During Covid-19 Outbreak

By Angky Banggaditya On April 8, 2020, Ida Fauziyah, the Indonesian Minister of Manpower (“MOM”), signed and issued Circular Letter No. M/4/HK.04/IV/2020 regarding Services for the Utilization of Foreign Workers in Relation to the Prevention of Covid-19 (“MOM CL 4/2020”). This new circular letter follows the issuance of Minister of Law and Human Rights Regulation No. […]

Implementation of Force Majeure Clause under Indonesian Law in the Light of COVID-19

The World Health Organization (WHO) has declared the Coronavirus Disease 2019 (“COVID-19”) as a pandemic on 11 March 2020. The Indonesian government has also officially stated the COVID-19 as a non-natural national disaster with the emergency period of 29 February 2020 until 29 May 2020. In response to the situation, the Indonesian government has recently […]

Marshall SitumorangFounder and Partner, Nusantara Legal Partnership

COVID-19 Pandemic: Update on Indonesia Visa Issuance and Residency Permit Policies

In response to the current spreading of COVID-19 pandemic, Indonesian government has officially prohibited all foreign visits and transits to Indonesian territory effectively from 2 April 2020. This approach is taken by the government to minimize potential transmission of the coronavirus from foreign citizens who have traveled abroad. The COVID-19 pandemic requires all stakeholders to […]

Marshall SitumorangFounder and Partner, Nusantara Legal Partnership

Indonesia and COVID-19: New Tax Policies Aim to Stimulate Economy

By Michael S. Carl and Charvia Tjhai The COVID-19 pandemic has slowed the Indonesian economy, cut state revenue and forced increased state spending and financing. In response, the Indonesian government has issued a new regulation aimed at providing tax relief for the coronavirus-battered economy.  The new regulation lowers corporate tax rates, imposes tax on electronic transactions by foreign […]

Navigating Sea Transportation in Indonesia During COVID-19

By Stephen Igor Warokka and Shafira Nindya Putri The Indonesian Directorate General of Sea Transportation (“DGST”), at the Ministry of Transportation, has issued several circular letters aimed at preventing the spread of COVID-19. This article discusses measures taken in Indonesian ports, including terminals, as well as measures concerning ship crews. Indonesian Ports and Terminals During the early spread […]

COVID-19 and Indonesia: Force Majeure and Other Considerations

By Dewi Savitri Reni and Syarifah Reihana Fakhry The COVID-19 global pandemic has caused significant disruptions to businesses globally. The rapid rate of transmission, the unchecked growth in the number of cases and the lack of a vaccine has forced governments around the world to implement policies that have disrupted business operations globally. In Jakarta, Governor Anies Baswedan […]

Indonesia and COVID-19: Government Issues Regulation on Limiting Social Interactions

By Ridzki Putra Ramadhan As part of the national effort to battle the spread of the coronavirus in the country, the Government of Indonesia (“GOI”) has issued Government Regulation No. 21 of 2020 on the Limitation of Large-Scale Social Interactions to Expedite Countermeasures Against COVID-19 (March 31, 2020) (“GR 21/2020”). GR 21/2020 is an implementing regulation […]

Update on Indonesian Visas in the Time of COVID-19

By Stephen Igor Warokka and Manika Jashan Sadarangani On 11 March 2020, the World Health Organization (“WHO”) officially announced that COVID-19 had become a global pandemic. Following this announcement, as with many other countries, Indonesia enacted regulations to govern the traffic of individuals entering and leaving the country. These regulations specifically mandate limitations and exceptions for the […]