Government Promotes Indonesian Job Creation Law to Create Quality Employment and Attract Investors Indonesian President on November 2 has signed the Job Creation Bill, or referred to as the “omnibus law,” aiming to create quality employment and attract investors by reducing logistics costs. It was considered as a response to the economic impact caused by…
Indonesia Outlines 2025 Plans of Investing Rp725 Trillion in SEZ to Benefit More Workers The Indonesian government has outlined 2025 plans of investing Rp725 trillion in Special Economic Zones (SEZ) to benefit more workers. Tax incentives would be simplified and expanded to develop more areas and secure over $50 billion in these zones. According to…
Indonesia’s Omnibus Law Makes Changes to Labor-Related Sectors The government and the House of Representatives have already concluded the discussion over the Omnibus Law on Jobs Creation, which is seen to trigger changes to labor-related sectors. Thus, the Omnibus Law in Job Creation No. 11 of 2020 has been issued on 2 November 2020 by…
Indonesian Government Revises Laws to Boost Investment and Jobs The Indonesian House of Representatives passed the landmark Omnibus Law on Job Creation on October 5 to improve the business climate. The government has amended 79 laws to boost investments and jobs, making Indonesia more competitive and attractive as an investment destination. According to the World…