The Ministry of Forestry Republic of Indonesia Launches Legal Timber Certification in Indonesia

Mar. 24, 2021 by

The Ministry of Forestry (MoF) in cooperation with the Coordinating Ministry for the Economy launched Verfifikasi Timber Legality Information System. This system was established to support the implementation of the

Garuda Indonesia to use rupiah for transactions

Oct. 27, 2020 by

National flag carrier Garuda Indonesia has announced that it will immediately use the rupiah for all transactions carried out in Indonesia, a move aimed at supporting the government’s policy to

New Bank Indonesia Regulation on Mandatory use of Rupiah in Indonesia

Oct. 20, 2020 by

On 31 March 2015, Bank Indonesia (“BI”) issued Regulation No. 17/3/PBI/2015 on Mandatory Use of Rupiah within the Territory of the Republic of Indonesia (“PBI 17/2015”). PBI 17/2015 requires the