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Jakarta Post

[ANALYSIS] Impact of Job Creation Law on retail sector

  • Nadia Kusuma Dewi

    The Jakarta Post

Jakarta   /   Tue, November 24, 2020   /  07:10 pm
The Jakarta Post Image
Dozens of employees of a supermarket in Pamulang, South Tangerang, Banten, exercise before opening the store. The employees exercise routinely to stay healthy amid the COVID-19 pandemic.(JP/Dhoni Setiawan)

The government enacted Law No.11/2020 on job creation, better known as the omnibus law, on Nov. 2. The omnibus law is a policy breakthrough that can strengthen the national economy by improving Indonesia's investment ecosystem and competitiveness.  However, there are still many pros and cons related to several key points in this law, such as labor-related articles. This is reasonable considering that the technical regulations for implementation are currently still in progress. As stipulated in the final part of the jobs law, regulations on its implementation must be issued no later than three months since the law was enacted. The jobs law will have a broad impact on the economic sector, including retail, which will be affected by several articles. First, Article 15 on approval of suitability for space utilization for business activities by the central government. It ...