News & Events
Partner Announcement - Hermanto
Armila & Rako is pleased to announce Hermanto as the firm's new partner. Hermanto has been joining Armila & Rako as an of counsel since 2020 before joining the partnership. He worked for PT Bank Central Asia Tbk, one of the largest publicly listed banks in Indonesia, as the Head of the Legal Division Group for 17 years, with his last position as the Executive Vice President. Before joining the bank, Hermanto practised law in a few prominent law firms in Jakarta. Besides being a practitioner, Hermanto also dedicated his valuable thoughts to the Law School of Satyawacana Christian University as a law lecturer. Being in the industry for more than 30 years, Hermanto has vast experience in banking, corporate and financial restructuring, general corporate matters, land & property and commercial litigation.
Hermanto attended Satyawacana Christian University Law School and earned a Notarial Magistry from the University of Indonesia.
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Indonesian Regulations Impacting Miners: Insights from Eva Armila at Djakarta Mining Club
Fri, Dec 1st 2023, 14:33
Eva Armila's Djakarta Mining Club talk delves into Indonesia's mining shifts: WIUP expansion, tender dynamics, RKAB updates, evolving tax structures, and the impending MIP regulation. -
Client Notification - MEMR 375/2023
Wed, Nov 8th 2023, 14:47
The Ministry of Energy and Mineral Resources (MEMR) issued Decree No. 375/2023, replacing previous regulations on mining expansion. New rules require applicant eligibility criteria, area limits, and revised compensation calculations. -
Client Notification - PR 70/23
Thu, Nov 2nd 2023, 11:26
Indonesia's PR 70/23 establishes a task force to oversee land allocation in the mining, plantation, and forestry sectors, with sector supervisors assessing compliance and recommending license changes. Private large enterprises acquire WIUPs through a tender process. -
Armila & Rako Proudly Announces A Brand Refresh
Fri, Oct 27th 2023, 15:55
On October 27th, 2023, ARKO Law (formerly Armila & Rako) is soft-launching a brand refresh with a new logo and name. While the website is being updated, their commitment to legal excellence remains unchanged. Clients' patience and support are appreciated, and an improved website will be unveiled soon. -
Overview of the Indonesian Carbon Exchange: Mechanism and Key Implications
Fri, Oct 20th 2023, 11:01
Indonesia's new carbon exchange, IDXCarbon, introduced Carbon Units, enabling carbon trading. The exchange has various market segments, including auctions and negotiated markets, fostering the growth of Indonesia's carbon trading sector. It aims to become a global carbon trading hub.
