Member News
SSEK Wins Restructuring Deal of Year at IFLR Asia-Pacific Awards 2023
SSEK Law Firm won Restructuring Deal of Year at the IFLR Asia-Pacific Awards 2023 for its role in the Garuda Airlines restructuring.The Garuda restructuring required critical cross-border structuring to coordinate Indonesia’s suspension of debt payment obligation (PKPU) regime with the English scheme processes. Standout features included the debt profile, compliance…
Vespa Signals to Prepare a New Model, Primavera Color Vibe
PT Piaggio Indonesia will launch a new product from the Vespa brand on Tuesday, April 4, 2023. Most likely, the motorcycle that launched was a new variant from Primavera, named Color Vibe. The leak can be seen in the last upload on Instagram by Vespa Indonesia Official. You can see…
New Motoplex Dealer in SCBD Ready to Serve Customers Full Week
In emphasizing its commitment to serving customers and potential customers, PT Piaggio Indonesia reflects this through the presence of their new dealer, which is located in the Sudirman Central Business District (SCBD) area of south Jakarta. Through its newest premium dealer, Motoplex 4 Brands, the Italian brand wants to provide…
Indonesia to Allow Certain Companies to Adjust Working Hours, Wages
Indonesia’s Minister of Manpower on March 8, 2023, issued MOM Regulation No. 5 of 2023 regarding the Adjustment of Working Hours and Wages in Certain Export-Oriented, Labor-Intensive Companies Affected by Changes in the Global Economy (“MOM 5”).MOM 5 was issued to help certain export-oriented, labor-intensive companies facing continuity of work…
