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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by Hanafiah Ponggawa & Partners

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GOVERNMENT INVESTMENT UNIT OF INDONESIA (PIP) AND PT PLN (PERSERO) HAVE SIGNED A

February 2012 - Finance. Legal Developments by Hanafiah Ponggawa & Partners.

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USD 800 MIO SOFT LOAN

On 13 December 2011, Badan Layanan Umum Pusat Investasi Pemerintah (BLU PIP) and the State Electricity Company (PT PLN (Persero)) signed an Investment Agreement in the Form of a Soft Loan (Perjanjian Investasi dalam bentuk Pemberian Pinjaman dengan Persyaratan Lunak), by which BLU PIP has granted PT PLN (Persero) a soft loan. 

OBLIGATION TO REPORT ON DRAWDOWNS OF FOREIGN LOANS IN FOREIGN CURRENCY

January 2012 - Finance. Legal Developments by Hanafiah Ponggawa & Partners.

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On 30 September 2011, Bank Indonesia (‚ÄúBI‚ÄĚ) issued BI Regulations concerning foreign exchange, i.e. BI Regulation No.13/20/PBI/2011 concerning Receipt of Export Proceeds in Foreign Currency and Drawdowns of Foreign Loans in Foreign Loans (‚ÄúPBI 20/2011‚ÄĚ) and BI Regulation No.13/22/PBI/2011 concerning Obligation to Report a Drawdowns of Foreign Loans in Foreign Currency (‚ÄúPBI 22/2011‚ÄĚ) both of which came into effect on 2 January 2012.

Dear investors, don’t worry!

January 2011 - Finance. Legal Developments by Hanafiah Ponggawa & Partners.

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A technologist and author, Bruce Schneier, once said, ‚ÄúThe mantra of any good security is: ‚ÄėSecurity is not a product, but a process.‚Äô‚ÄĚ This quote may be true, and this is what the government of Republic of Indonesia is currently working on.

PROPERTY OWNERSHIP BY NON-INDONESIAN NATIONALS

August 2010 - Real Estate & Property. Legal Developments by Hanafiah Ponggawa & Partners.

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Early this year, the State Ministry of Housing Affairs sent the public a message in favor of amending the current rules on property ownership by non-Indonesian nationals for their occupation.