Indonesia passes jobs decree into law, easing investment uncertainty
JAKARTA, March 21 – Indonesia’s parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures President Joko Widodo has pushed to spur investment in Southeast Asia’s largest economy. The new law replaces the 2020 Jobs Creation…
Indonesia to Tackle Investment Red Tape with Job Creation Bill
By: Maikel Jefriando JAKARTA (Reuters) – Indonesia’s government plans to submit a bill to parliament on Monday designed to replace dozens of overlapping laws viewed as a barrier to investment, a senior official said on Friday. With growth in Southeast Asia’s biggest economy having been…