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Jakarta Post

Balance facilitating investment with efforts for decent work

  • Indrasari Tjandraningsih

Bandung   /   Wed, January 22 2020   /  01:25 am
The power of union: People gather outside the legislative complex in Jakarta to protest the House of Representative’s plan to deliberate an omnibus bill on job creation. Labor unions deem the bill a new instrument to weaken workers’ bargaining power vis-à-vis employers. (JP/Seto Wardhana)(JP/Seto Wardhana)

The power of union: People gather outside the legislative complex in Jakarta to protest the House of Representative’s plan to deliberate an omnibus bill on job creation. Labor unions deem the bill a new instrument to weaken workers’ bargaining power vis-à-vis employers. (JP/Seto Wardhana)President Joko “Jokowi” Widodo has stressed the importance of foreign investment to improve the economy since assuming office. Like his predecessors, the President strongly believes investment will improve people’s welfare. In Jokowi’s first term, his administration prepared 16 economic policy packages to facilitate investment. Then-vice president Jusuf Kalla also supported the policy to reduce labor costs; while for decades tripartite negotiations between the government, business sector and unions had determined the annual minimum wage, a formula was determined to set minimum wages, thereby...