Indonesia’s New Business Code (KBLI) Framework: Implications for Property Developers and Operators
Indonesia has introduced a significant regulatory update to its business classification system through Regulation of the Central Statistics Agency (Peraturan Badan Pusat Statistik) No. 7 of 2025, which revises the Indonesian Standard Industrial Classification (KBLI). This update brings major structural changes to Business Code Division 68 – Real Estate Activities,…



