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New Regulation Reaffirms Liability of Key Officers for State Enterprise Losses

Indonesia - July 4 2022 On 8 June 2022, the Government issued Regulation No. 23 of 2022 (“GR 23/2022”), which amends Government Regulation No. 45 of 2005…

Ayik Candrawulan Gunadi

Indonesia’s State Enterprises Ministry Introduces Overhaul of SOE Directors’ Selection Process

Indonesia - November 15 2021 In order to improve the quality and accountability of new appointees to directorships in State-Owned Enterprises (“SOE Directors”)…

Ayik Candrawulan Gunadi, Novario Asca Hutagalung