Foreigners to only be allowed to purchase residential property first-hand and are to be prohibited from leasing property to other parties
Regulation contradicts Banking Law but should improve taxpayer database
This edition of Indonesian Law Digest (ILD) follows up on last weeks ILD publication (No. 449), which offered a discussion of intellectual property rights (IPR) which covered IPR objects and the various parties eligible to enjoy IPR.
New threshold will be applied retroactively from January 2016
Discussions to continue after an official draft presidential regulation has been issued
Banks which succeed in reducing their BOPO and NIM ratios to be eligible
President Widodo insists that all business-license processing be simplified
Several firms admit initiating administrative procedures in order to establish corporations on behalf of their clients
Latest version of draft bill deemed deficient in its environmental and social protections, as well as in its licensing mechanisms
Suspects includes Google, Facebook, and Twitter