Government ‘must end cheap wages policy’ to compete globally
Ridwan Max Sijabat
The Jakarta Post
While executives have complained that recently approved wage hikes smell of populism and capitulation to unions, several economists say that the increases reflect a needed update of the cheap labor policy of previous decades.
Cheap wages are no longer suitable with global standards, according to economist Payaman Simanjuntak, a professor at Krisnadwipayana University in Jakarta.
- Lake Toba to hold Gowes Samosir cycling event
- Celebrity Fitri Carlina endorses Wonderful Indonesia, Banyuwangi tourism
- Karetan Market partners with waste management startup company
- Block porn or be blocked, Indonesia warns Google, Twitter
- Facebook launches new ‘Facebook Creator’ app for video content creators
- Tourism Ministry, KBRI promote five Indonesian destinations in Thailand
- West Papua to host Senja Kaimana Festival 2017
- Saung Angklung Udjo holds seventh Angklung Pride in Bandung
- Karetan Market holds vlog competition for visitors
- East Java to host Situbondo Carnival