Incorporation of LAPS clauses into contracts seen as vital
The protection and empowerment of Marine-Product Businesses as set out in the new Bill is to be implemented through several policies and strategies which will specifically focus on: the improvement of infrastructure and facilities, insurance for Marine-Product Businesses, business assurance, legal assistance, education and training, funding and financing facilities, and so forth.
Government to collect vehicle data in bid to ensure safety and security
Ministry of Finance claims to be in possession of relevant data relating to foreign bank accounts held by Indonesian citizens
House and government still deliberating another 14 draft bills
Govt to ensure data security from any misappropriation by third parties
This weeks edition of Indonesian Law Digest (ILD) will seek to analyze and discuss issues relating to property ownership by foreigner citizens, as set out under the 2015 Regulation. This analysis will encompass the following topics: Foreigners allowed to buy property; Land rights; Types of property; Residential permits; The acquisition and transfer of land rights; and Mixed marriages.
SMEs no longer required to secure principle licenses, business-location permits, or nuisance permits
New center to receive input from researchers, businesses, and domestic and foreign experts
Two mechanisms for the calculation of receivers? fees have been proposed