Legislative Update

In a transfer which has shocked the property industry, the federal government has extended the ban on industrial lease forfeiture once more, this time for an extra nine months to 25 March 2022. Commercial Rent Arrears Recovery is equally deferred, with tenants having to have built up 554 days of unpaid hire earlier than landlords are in a position to take bailiff motion. The regular degree of service offered to a consumer isn’t going to get you to the top of your sport. In this quick 1-hour real estate CE course you will be given recommendations on how to “rise …

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Legislative Update

BKPM Stops Issuing Licenses On 21st June, the government issued Regulation No. 24 of 2018 on Electronic Integrated Business Licensing Services. As a consequence, the BKPM will quickly droop the processing and issuing of licenses and will transition to a nationwide Online Single Submission system. IDX Issues New Listing Rule The Indonesia Stock Exchange has issued a new listing rule for shares and equity-type securities. The new rule supplies new necessities for itemizing on the IDX and clarifies several items that are not clearly regulated beneath the old rule. Indonesia Relaxes Mandatory Employer Contributions to Manpower Social Security Programs Amid …

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