By: Ryan Mandela, Siti Intan Sekarieva and Faiza Naira Yuliarsa A. Background Arbitration, as an alternative dispute resolution agreed upon by the relevant parties, has become a common practice in the business transactions. Besides its neutrality nature, it also offers effective and efficient mechanism to resolve disputes for cross-border transactions by the issuance of international…
By: Muhammad Haryadi and Alda Humaira A. Background Indonesian Government introduced a regulation regarding Public Housing Saving in 2016 or widely known as ‘’Tapera’’ through the Law Number 4 of 2016, which was issued to ensure and provide sustainable, long-term funds with the purpose of housing financing for its participants. As an underlying for Tapera…
By: Muhammad Haryadi and Ryan Mandela. 1. Logistic Services Practically, the logistic services is classified as a business who has a main role to manage and coordinate the flow of goods and services, including transportation, warehousing, inventory management, and related activities. This business sector contains the following various activities: a. Transportation. This services may be…
By: Muhammad Haryadi & Alda Humaira A. Background Bringing personal medicines obtained from foreign country is a topic that revolves around the practice of individuals bringing medications for personal use into their home country. In various situations, individuals may find themselves in need of specific medications that are not readily available or accessible in their…
By Donke Ridhon Kahfi & Justin Huang Background In 2021, Indonesia has enacted the Tax Regulation Harmonization Law (Undang-Undang tentang Harmonisasi Perpajakan / UU HPP), in which the carbon tax is stipulated in this law. We will delve deeper on how carbon tax policy is regulated and implemented. In which, The carbon tax regulation…
By Donke Ridhon Kahfi & Justin Huang A. Background Nickel is one of the most prominent and versatile mining resources, it is used for various industries, including but not limited to; stainless steel, batteries, and electronics. Indonesia is the largest nickel producer, with 1,6 millions metric tonnes in 2022 and deemed to have 21 millions…
By Ryan Mandela and Siti Intan Sekarieva Background The phenomenon of globalization allows people to connect and share their personal data digitally which may cause various security issues. Without a powerful data protection law, this issue could violate a user’s right to data privacy and security in the form of data breach, data leak,…
By Ryan Mandela and Alda Humaira Razzak A Background In order to increase the investment and boosting up the national economy, the government is providing exemption from import duty on import of machinery, goods and materials for industrial development in relation to the investment. The granting of import duty facilities on new imported machinery…
By Ryan Mandela and Savira Ramadhanty. Background As one of the available ways for business expansion and investment, land acquisition in Indonesia is often viewed by local and foreign investors in developing their business especially with the rampant increase of investment activity in Indonesia. There are certified and uncertified lands in Indonesia and currently,…
By: Ryan Mandela, Savira Ramadhanty, and Izaldi Fikri Muhammad A Background There are varieties of interest rate reference being used in banking services and/or facilities, one of which that is commonly used for global scale is the London Interbank Offered Rate (LIBOR)[1] and since the 1960s, LIBOR has also been the world’s main interest…