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  • Higher Minimum Capital Requirement for Indonesian Logistics Companies

    Through Ministerial Regulation No. 74/2015 on Freight Forwarding and Logistics Companies, the Indonesian government will raise the minimum capital requirement for logistics companies and freight forwarders from IDR 200 million (USD $15,384) to IDR 25 billion (USD $1.9 million). The new regulation was recently signed by Indonesian Transportation Minister Ignasius Jonan and is currently at the Law and Human Rights Ministry for further evaluation. However, the new regulation met resistance.

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