Electrical energy is vital to support our daily lives and activities both on a household and large industry scale. However, electrical energy that is generally used in Indonesia comes from power plants that use fossil fuels. The disadvantage of using fossil fuels is that their combustion produces greenhouse gases, and that increases the concentration of…
Conciliation is a word that may rarely be heard in public. The increasing number of inter-community interactions also raises problems or disputes that usually occur in various lines, especially in economic and business activities. A dispute may begin with a situation where one party feels aggrieved by the other party, or has differences of opinion…
On the last day of 2021, coal mining business actors were surprised by a policy issued Ban on Coal Exports by the Government. This policy is related to the ban on coal exports issued by the Directorate General of Mineral and Coal (“DGMC”) of the Ministry of Energy and Mineral Resources of the Republic of…
The term law firm is not something new in our daily life although not many people know what a law firm really does for sure. If examined literally, a law firm is firm that prectices legal assistance. So, a law firm is a firm that provides legal services or aids in the field of law….
Although there are many ways to resolve disputes, litigation is considered the best option for the disputing parties to choose because it provides more legal certainty compared to other non litigation efforts, such as mediation or conciliation. Definition of Litigation Litigation is a way of resolving a dispute through courts. This process involves activities from…
When people hear the words merger and acquisition, many think that the two words have the same meaning. The fact is that these words have different meanings and processes. To make sure that you don’t get it wrong, it is better to know what makes these two words different. The terms merger and acquisition are…
Merger is one solution to help improve the competitiveness of companies. However, what exactly is this merger and what makes companies do it? Understanding the Process In general, merger is a process of uniting two companies into one company name. Besides uniting companies into one, based on the Company Law, merger is also a legal…
Phase Out Coal-Fired Power Plants. The COP26 summit held in Glasgow, Scotland of the United Kingdom on 31 October – 13 November 2021 has brought the parties together to accelerate action towards the goals of the Paris Agreement and the United Nations (“UN”) Framework Convention on Climate Change. For nearly three decades, the UN has…
Determination and Calculation of the Selling Price of Coal for the Cement and Fertilizer Industry from November 1, 2021, to March 31, 2022 – It’s USD 90 FOB Vessel To ensure the fulfillment of coal needs as raw material/fuel for the domestic cement and fertilizer industry, the Minister of Energy and Mineral Resources (“MEMR”) issued…
Carbon tax provisions are regulated in Article 13 of the Law 7/2021 in which carbon tax will be imposed on entities producing carbon emissions that have a negative impact on the environment. Legal Basis: Law No. 7 of 2021 regarding Harmonization of Tax Regulations (“Law 7/2021”) Legal Analysis: A. General Provisions of Carbon Tax In…
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