Indonesia passes jobs decree into law, easing investment uncertainty

Indonesia passes jobs decree into law, easing investment uncertainty By Reuters

Indonesia passes jobs decree into law, easing investment uncertainty

Indonesia passes jobs decree into law, easing investment uncertainty

An official from Indonesia's Chamber of Commerce and Industry says the passage of the decree provides clarity and certainty that are crucial for existing and potential investors.. Palafox to chair business conference and expo of PCCI this year–Barcelon | Andrea E. San Juan.

Indonesia passes jobs decree into law, easing investment uncertainty

An official from Indonesia's Chamber of Commerce and Industry says the passage of the decree provides clarity and certainty that are crucial for existing and potential investors

Indonesia passes jobs decree into law, easing investment uncertainty

"Despite some notes on provisions on employment, at least the passage provides a guaranteed legal certainty for schemes and easing of investment rules that have been underway so far," Kamdani said. The Labour Party, which currently has no seat in parliament but plans to contest the 2024 elections, opposed the passage, with some 300 members rallying to protest the new law near the manpower ministry office.

Indonesia's politicians pass controversial jobs decree into law

The law is criticised by labour and green groups as being too pro-business, replacing a similar 2020 law that had been ruled partially unconstitutional.

Indonesia passes job decree into law to streamline business rules despite criticism

The law has been criticised by labour and green groups as being too pro-business. Read more at straitstimes.com.