Mrs Rahayu Ningsih Hoed > Makarim & Taira S. > Jakarta, Indonesia > Lawyer Profile

Makarim & Taira S.

Work Department

Construction, Employment, Foreign Investment & General Corporate Practice, Hotel, Resot and Tourism, Infrastructure and Major Project, Litigation and Dispute Resolution, Mergers and Acquisitions, Mining and Energy, Real Estate


Rahayu Ningsih Hoed has been with Makarim & Taira S. for more than 30 years rendering her the most senior partner at the firm. She has extensive experience in almost every aspect of legal practice due to her background as journalist and paralegal and is a widely recognized authority on corporate and M&A transactions, arbitration, employment, and project financing. Praise for Yayuk’s advice from clients include: “incredible, extremely well-considered advice”, “ensuring that deals always involve remarkable levels of risk management.”

Rahayu has represented many major multinationals companies such as Sumitomo Corporation, Halliburton, Marubeni Corporation, Shell, GAP Inc, Kellog Brown & Root and more. Her achievements include project financing for the 1,320MW large capacity Tanjung Jati B power plant and its expansions, major land acquisitions for infrastructure and mining projects, and highly sensitive mass terminations of employees. Her expertise is recognized in major International legal directories such as Chambers and Partners Global as Highly Ranked and Recommended Lawyer for Projects & Energy, Chambers and Partners Asia-Pacific as Highly Ranked and Recommended Lawyer for Projects & Energy, Dispute Resolutions and Real Estate. She is also recognized as Elite Practitioner in Project Development, Project Finance, and M&A by IFLR1000 and Litigation Star by Benchmark Litigation. Asialaw has also ranked her Elite Practitioner in Energy and Real Estate. She has also been ranked as Leading Individual in Corporate M&A, Projects & Energy, Employment and Real Estate and awarded the highest award, a Hall of Fame for Projects & Energy by the Legal 500 Asia-Pacific.


Mrs. Hoed was a feature writer and journalist with an Indonesian daily newspaper for five years before joining the firm in June 1990. She was appointed as a Partner in 2004.


Indonesian, English and French.


  • Member, The International Bar Association (IBA)
  • Member, The International Chamber of Commerce (ICI)
  • Member, The Indonesian Advocates Association (PERADI)
  • Member, The Indonesian Translator Association (HPI)


  • University Diploma in Taste, Gastronomy and Arts de la Table (DUGGAT), Université de Reims (FRA, 2017)
  • LL.M. (Outstanding Student Award), Boston University (USA, 2001)
  • S.H., (Best Student Award), Universitas Pancasila (IDN, 1996)
  • S.S., (Best Student Award), Universitas Indonesia (IDN, 1985)

Lawyer Rankings

Indonesia > Restructuring and insolvency

Led by senior partner Rahayu Ningsih Hoed, the team at Makarim & Taira S. acts for multinational financial institutions on insurance liability issues, in addition to advising foreign banks on bankruptcy proceedings and restructuring matters concerning Indonesian companies. On account of its alliances with Drew & Napier LLC in Singapore, and Shearn Delamore & Co in Malaysia, the practice is well-placed to manage cross-border instructions. Managing partner Lia Alizia represents clients in bankruptcy cases, while foreign consultant Hilton King advises on restructurings matters in the mining sector.

Indonesia > Projects and energy

(Hall of Fame)

Rahayu Ningsih HoedMakarim & Taira S.

Makarim & Taira S. advises on the entire project lifecycle, from bid preparation and negotiation of contracts to land acquisitions and licensing matters, in addition to project-related disputes. Counting PT Pertamina Geothermal Energy, PT Amman Mineral Industri and PT Cikarang Listrindo, to name a few, among its key roster of clients, the practice has experience across the power, oil and gas, telecoms, ports, airports and utilities sectors. Rahayu Ningsih Hoed focuses on project financings and land acquisitions for infrastructure and mining projects. Hoed spearheads the team alongside ‘great leaderVincent Ariesta Lie, who is noted for his expertise in the energy and natural resources sector, and foreign legal consultant Hilton King, who advises on energy, minerals and infrastructure projects.

Indonesia > Labour and employment

Housing a strong employment practice, Makarim & Taira S. advises on a broad range of matters concerning restructuring plans, mass termination strategies and termination disputes, as well as reviewing company regulations. The cross-jurisdictional capability of the team is supplemented by its association Drew & Napier LLC in Singapore and Shearn Delamore & Co in Malaysia. ‘Business-orientedLia Alizia leads the practice and focuses on employment litigation, in addition to anti-bribery and anti-corruption issues. Other key members of the group include Rahayu Ningsih Hoed and Harris Toengkagie, who was promoted to partner in February 2022.

Indonesia > Real estate

(Leading individuals)

Rahayu Ningsih Hoed – Makarim & Taira S.

Makarim & Taira S. acts for oil and gas companies, power plant developers, resort owners and manufacturers on land acquisitions, in addition to leasehold arrangements, structuring of development projects and property investments. The team also has experience advising hotel operators on contractual matters in Indonesia. Rahayu Ningsih Hoed leads the team and advises on land acquisitions for infrastructure and mining projects, while Harris Toengkagie focuses on land disputes.

Indonesia > Corporate and M&A

Makarim & Taira S. has a strong track record in the corporate arena and advises clients on share and asset acquisitions, M&A, joint ventures and restructurings. The team is jointly led by Rahayu Ningsih Hoed and Hilton King, with Ningsih recommended for M&A transactions, arbitration, employment, and project financing, and King focusing on investments and transactions, with particular experience in the energy, minerals and infrastructure sectors. Stephanie Kandou and Norma Mutalib were promoted to partner in February 2022.