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

| Issue Number : 450

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

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