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NEW COPYRIGHT LAW DEVELOPMENT

The new Copyright Law enacted on 16 October 2014 mandated the formation of a Collective Management Institution (CMI) (Lembaga Manajemen Kolektif) to collect and distribute royalties due to the rightful creators or holders of related rights

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NEW 2015 MINIMUM WAGE

On 14 November 2014, the Governor of DKI Jakarta issued DKI Governor Regulation No. 176 of 2014 on the Provincial Minimum Wage for 2015 (DKI Reg. 176/2014)

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HALAL PRODUCTS

The Parliament passed a bill on halal products in September 2014 and on 17 October 2014 the President enacted the bill as Law No. 33 of 2014 on Guaranty for Halal Products (Law 33 of 2014)

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RESTRICTIONS ON FOREIGN INVESTORS ACQUIRING INDONESIAN ONLINE BUSINESS?

On 26 January 2015, President Joko Widodo swore in Mr. Triawan Munaf as the Head of the Creative Economic Board (BEK – Badan Ekonomi Kreatif). BEK is tasked to strengthen the role of creative economic businesses, including protection for Indonesian creative crafts

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DELEGATION OF AUTHORITY TO GRANT INDUSTRIAL LICENSES

Under Regulation No. 122/M-IND/PER/12/2014 on Delegation of Authority to Grant Industrial Business Licenses to the Head of the Capital Investment Coordinating Board, the MOT has delegated its authority to issue certain licenses to BKPM

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