Posts by adminbpl
Things to Know for Foreigners whose Visa are Expired during Covid Pandemic in Indonesia
Things to Know for Foreigners whose Visa are Expired during Covid Pandemic in Indonesia Covid 19 pandemic resulted in the Indonesian government need to make policy regulations to prevent the situation from getting worse. One of the major issues that must be regulated is the traffic of foreigners. On 2 April 2020, the Ministry of…
Read MoreCovid-19: Specific Considerations in Conducting Merger and Acquisition
Covid-19: Specific Considerations in Conducting Merger and Acquisition The Covid-19 pandemic outbreak has caused great uncertainty and disrupted business activities in Indonesia and even the rest of the world. The Government of Indonesia itself has taken a number of extraordinary measures to overcome the crisis, including by implementing a Large-Scale Social Restrictions (PSBB) policy, restrictions…
Read MoreCOVID-19 and Employee Holiday Allowance Payment Postponement
COVID-19 and Employee Holiday Allowance Payment Postponement The COVID-19 pandemic extended to all sectors, including the business and production sectors. Business and production activities are disrupted, thus companies must perform mitigation efforts to avoid collapse. Strengthening capital and tightening expenditures must be done to maintain the sustainability of the company. One form of tightening is…
Read MoreDo not Store Used Machines That Contain Radioactive before Having This Permit
Do not Store Used Machines That Contain Radioactive before Having This Permit “Even though machines containing radioactivity are no longer used, to be able to store these machines requires permission from the Nuclear Energy Regulatory Agency (BAPETEN)” In the last 100 years nuclear is considered as a discovery that brings great benefits to humans but…
Read MoreCan Covid-19 Pandemic be Qualified as Force Majeure Although Not Specified in the Agreement?
Can Covid-19 Pandemic be Qualified as Force Majeure Although Not Specified in the Agreement? “Basically it is not only the COVID-19 pandemic which may be considered as a force majeure event, any current overnment policy that may cause one party unable to carry out its obligations can be qualified as a force majeure.” In a…
Read MoreCovid-19: Immediately Review Your Credit Agreement and Financing Document
Covid-19: Immediately Review Your Credit Agreement and Financing Document The review is important in deciding what steps to be taken in the future in order to mitigate risks arising from the spread of Covid-19. The spread of the Covid-19 pandemic has greatly influenced financing projects in several industrial sectors. To minimize the negative impacts that…
Read MoreAbandoned Land, What are the Legal Consequences?
Abandoned Land, What are the Legal Consequences? “In the event of a land is determined as abandoned land, then the legal right to the land and the change in ownership status will be submitted to the state, therefore the aforementioned will be under the control and/or ownership by the state.” Land must be beneficial for…
Read MoreCan Company Cut Employess Wages Due To COVID-19?
Can Company Cut Employess Wages Due To COVID-19? Employees wages must be paid in full. However, the company can enter into agreement with the employees to delay or reschedule the payment. The coronavirus outbreak, which has spread to more than 110 countries with more than 118,000 cases, has made Coronavirus Disease 2019 or COVID-19, a…
Read MoreAn Investment in Indonesia: Benefits Given by the Government
An Investment in Indonesia: Benefits Given by the Government An investment is a form of business to get profit in the future, or specifically in Indonesia, an investment or more known by a capital investment, as regulated under Law No. 25/2007 about Capital Investment, is all form of capital investments by local investor or foreign…
Read MoreLIST OF SPECIAL ECONOMIC ZONES IN INDONESIA
LIST OF SPECIAL ECONOMIC ZONES IN INDONESIA Special Economic Zones are areas within certain boundaries that have geo-economic and geo-strategic advantages which located inside of a country. Special Economic Zone first appeared in the late 1950s in Shannon Airport in Claire, Ireland. One of the main purposes of Special Economic Zone is to attract investors…
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