FCPA Compliance Report-Episode 329, James Koukios
On May 26, 2025, after years of anticipation, Indonesia’s energy sector received a major boost : PLN secured the long-awaited approval from the Minister of Energy and Mineral Resources (Minister) for its new general plan for...more
The RUPTL carries significant strategic implications and offers substantial opportunities for investment. As Indonesia advances its energy transition, the RUPTL will play a pivotal role in shaping the future of its national...more
On May 26, 2025, Indonesia’s minister of energy and mineral resources (MEMR) held a press conference themed “Increasing Security and Sustainability of National Energy” to announce the launch of PLN’s 2025-2034 Electricity...more
The Indonesian government’s approach towards local content requirements in two industries – telecommunication devices and renewable energy – underscores its need for investment and illustrates how different standards may be...more
We are pleased to provide this twice-annual report summarising notable mergers and acquisitions activity in South and Southeast Asia, highlighting transactions over US$100 million in aggregate value. This edition features...more
Commodities will always be a key pillar of Indonesia’s economy, but as capital pours in to expand its technology infrastructure, the country is providing investors with increasingly diverse opportunities - Indonesia has...more
As delegates from the Indonesian government were in Azerbaijan making headline grabbing announcements at COP29, Baker Botts was pleased to host an evening seminar in Jakarta on 13 November 2024 with a panel of experts sharing...more
As we close out this series on the Bre-X mining scandal, the lessons from this notorious case continue to resonate, especially for today’s compliance professionals. The fraud that led to the downfall of Bre-X and the ensuing...more
The Bre-X mining scandal of the 1990s is one of history’s most infamous corporate fraud cases. Bre-X Minerals Ltd., a small Canadian company, falsely reported one of the largest gold deposits ever discovered in Indonesia,...more
In the annals of corporate fraud, few scandals match the magnitude of the Bre-X mining affair. For compliance professionals, the lessons from this incident resonate deeply, not just because of the scale of the deception but...more
Few corporate scandals are still as infamous or devastating as the Bre-X mining scandal. What began as a story of incredible wealth, fueled by the promise of one of the largest gold deposits ever discovered, unraveled into...more
The Government of Indonesia issued a new toll road regulation to address market concerns around tariff adjustment in special circumstances such as change in government policy. The new regulation also introduced a 'clawback'...more
Indonesia’s investment landscape continues to flourish, as revealed in the recent press conference led by the Minister of Investment and Head of Investment Coordinating Board of Indonesia. The first half of 2024 has seen...more
On December 29, 2023, the Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued a new regulation, OJK Regulation No. 29 of 2023 (the "New Regulation"), which revokes the previous OJK Regulation No....more
In line with the spirit of bolstering investment from foreign investors into Indonesia with the aim to create new job opportunities as mandated by Law No. 11 of 2020 on job creation (Omnibus Law), the Government of Republic...more
2019 was an interesting year, especially politically and legally. Yet Indonesia has made it to 2020 better and stronger. ...more
Round-up: Indonesia is our new quarterly newsletter, rounding up all the latest legal updates and events in Jakarta. ...more
Another relatively quiet week in the world of distribution. Hopper Is Poised for Growth - ("Hopper Raises $100 Million More for Airfare and Hotel Rate Prediction," Skift Travel News, October 3, 2018) We brought you...more
Indonesia is gaining popularity among both regional and international private equity funds. Demographics and economic forces increasingly portray Indonesia as a 'must-be-in' market....more