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ASEAN BUSINESS

Changes to Indonesia's foreign ownership of property could give it US$10b annual boost

A draft law proposes to let foreigners own strata-titled apartments and condominiums in the country

Jakarta

IT HAS been 15 years in the making, but the wait may well be worth it: the Indonesian government has finally tabled a draft law that will enable foreign investors to purchase and own property in the country with fewer restrictions.

These regulations are included in the...

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